XML 23 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:      
Net income (loss) $ 5.2 $ (38.4) $ (69.8)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:      
Depreciation and amortization 53.3 50.5 42.8
Deferred income taxes 0.0 0.0 16.6
Loss (gain) from disposals and asset transactions, net (9.5) (2.6) (54.0)
Impairment of assets 5.6 49.7 268.0
Share-based compensation expense 5.8 5.4 4.7
Equity in (income) loss from affiliates, net of operating cash distributions (4.8) (1.4) 12.9
Changes in operating assets and liabilities:      
Trade, contracts retention, and other contract receivables 8.8 8.5 (4.2)
Inventories 2.1 5.7 5.5
Prepaid expenses, income tax receivable and other assets 13.0 28.5 (13.2)
Development/other property inventory 3.6 56.8 31.8
Accrued pension and post-retirement benefits 2.7 4.6 3.6
Accounts payable (6.2) (12.9) (9.0)
Accrued and other liabilities (16.5) 3.2 74.2
Net cash provided by (used in) operations 63.1 157.6 309.9
Cash Flows from Investing Activities:      
Capital expenditures for acquisitions 0.0 (218.4) (241.7)
Capital expenditures for property, plant and equipment (25.1) (36.7) (54.4)
Proceeds from disposal of assets 27.1 4.4 171.7
Payments for purchases of investments in affiliates and other investments (1.0) (3.3) (22.6)
Distributions of capital from investments in affiliates and other investments 11.0 13.6 42.3
Net cash provided by (used in) investing activities 12.0 (240.4) (104.7)
Cash Flows from Financing Activities:      
Proceeds from issuance of notes payable and other debt 173.0 125.9 548.4
Payments of notes payable and other debt and deferred financing costs (183.0) (203.9) (467.8)
Borrowings (payments) on line-of-credit agreement, net (8.7) (0.3) 4.7
Distribution to noncontrolling interests 0.0 (0.3) (0.7)
Cash dividends paid (13.8) (50.0) (156.6)
Proceeds from issuance (payments for repurchases) of capital stock and other, net (0.6) (1.0) (1.5)
Payment of deferred acquisition holdback 0.0 (7.1) 0.0
Net cash provided by (used in) financing activities (33.1) (136.7) (73.5)
Cash, Cash Equivalents and Restricted Cash      
Net increase (decrease) in cash, cash equivalents and restricted cash 42.0 (219.5) 131.7
Balance, beginning of period 15.4 234.9 103.2
Balance, end of period 57.4 15.4 234.9
Other Cash Flow Information:      
Interest paid, net of capitalized interest (29.0) (32.5) (34.4)
Income tax (payments)/refunds, net 0.5 25.8 2.6
Noncash Investing and Financing Activities:      
Capital expenditures included in accounts payable and accrued and other liabilities 2.9 4.4 1.4
Fair value of loan assumed in connection with acquisition 0.0 0.0 61.0
Operating lease liabilities arising from obtaining ROU assets 0.4 31.0  
Finance lease liabilities arising from obtaining ROU assets 0.9 3.4  
Issuance of shares for stock dividend 0.0 0.0 626.4
Dividends declared 10.9 0.0 0.0
Reconciliation of cash, cash equivalents and restricted cash:      
Cash and cash equivalents, beginning of period 15.2 11.4 68.9
Restricted cash, beginning of period 0.2 223.5 34.3
Balance, beginning of period 15.4 234.9 103.2
Cash and cash equivalents, end of period 57.2 15.2 11.4
Restricted cash, end of period 0.2 0.2 223.5
Balance, end of period $ 57.4 $ 15.4 $ 234.9