XML 19 R6.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Cash Flows from Operating Activities:          
Net income (loss) $ 15.9 $ 6.8 $ 36.2 $ 22.2  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:          
Loss (income) from discontinued operations (3.9) (1.0) (3.9) (1.3)  
Depreciation and amortization     27.6 28.8  
Income tax expense (benefit)     0.0 (18.3)  
Loss (gain) from disposals and asset transactions, net     (1.1) (53.9)  
Impairment of assets 0.6 0.0 0.6 0.0  
Share-based compensation expense     5.3 4.6  
Loss (income) related to joint ventures, net of operating cash distributions     (1.9) 1.0  
Pension termination     0.0 76.9  
Changes in operating assets and liabilities:          
Trade and other receivables     (0.1) (2.5)  
Prepaid expenses, income tax receivable and other assets     (3.5) (3.7)  
Development/other property inventory     (1.5) 9.5  
Accrued pension and post-retirement benefits     0.0 (31.3)  
Accounts payable     0.3 1.0  
Accrued and other liabilities     (2.2) (2.4)  
Operating cash flows from continuing operations     55.8 30.6  
Operating cash flows from discontinued operations     (12.2) (21.6)  
Net cash provided by (used in) operations     43.6 9.0  
Cash Flows from Investing Activities:          
Capital expenditures for acquisitions     (9.5) 0.0  
Capital expenditures for property, plant and equipment     (13.6) (11.0)  
Proceeds from disposal of assets     3.3 73.1  
Payments for purchases of investments in affiliates and other investments     (0.2) (0.5)  
Distributions of capital and other receipts from investments in affiliates and other investments     0.0 0.1  
Investing cash flows from continuing operations     (20.0) 61.7  
Investing cash flows from discontinued operations     0.6 (5.7)  
Net cash provided by (used in) investing activities     (19.4) 56.0  
Cash Flows from Financing Activities:          
Payments of notes payable and other debt and deferred financing costs     (33.7) (21.9)  
Borrowings (payments) on line-of-credit agreement, net     69.0 (50.0)  
Cash dividends paid     (64.2) (57.7)  
Repurchases of common stock and other payments     (3.6) (5.0)  
Financing cash flows from continuing operations     (32.5) (134.6)  
Financing cash flows from discontinued operations     (10.7) 6.1  
Net cash provided by (used in) financing activities     (43.2) (128.5)  
Cash, Cash Equivalents, Restricted Cash, and Cash included in Assets Held for Sale          
Net increase (decrease) in cash, cash equivalents, restricted cash, and cash included in assets held for sale     (19.0) (63.5)  
Cash, cash equivalents, restricted cash, and cash included in assets held for sale beginning balance     34.4 71.0 $ 71.0
Cash, cash equivalents, restricted cash, and cash included in assets held for sale ending balance 15.4 7.5 15.4 7.5 34.4
Other Cash Flow Information:          
Interest paid, net of capitalized interest, for continuing operations     16.6 15.7  
Interest paid, net of capitalized interest, for discontinued operations     0.5 0.1  
Income tax (payments)/refunds, net     0.0 0.1  
Noncash Investing and Financing Activities from continuing operations:          
Operating lease liabilities arising from obtaining ROU assets     0.0 0.7  
Finance lease liabilities arising from obtaining ROU assets     0.0 2.6  
Repurchases of capital stock in accrued and other liabilities     0.4 0.9  
Noncash Investing and Financing Activities from discontinued operations:          
Operating lease liabilities arising from obtaining ROU assets     0.0 0.7  
Finance lease liabilities arising from obtaining ROU assets     0.0 2.6  
Reconciliation of cash, cash equivalents, restricted cash, and cash included in assets held for sale:          
Cash and cash equivalents, beginning of period     33.3 65.4 65.4
Restricted cash, beginning of period     1.0 1.0 1.0
Cash included in assets held for sale, beginning of period     0.1 4.6 4.6
Cash, cash equivalents, restricted cash, and cash included in assets held for sale beginning balance     34.4 71.0 71.0
Cash and cash equivalents, end of period 11.8 6.6 11.8 6.6 33.3
Restricted cash, end of period 0.2 0.2 0.2 0.2 1.0
Cash included in assets held for sale, end of period 3.4 0.7 3.4 0.7 0.1
Cash, cash equivalents, restricted cash, and cash included in assets held for sale ending balance $ 15.4 $ 7.5 15.4 7.5 $ 34.4
Continuing Operations          
Noncash Investing and Financing Activities from continuing operations:          
Increase (decrease) in capital expenditures included in accounts payable and accrued and other liabilities     1.4 0.0  
Dividends declared but unpaid at end of period     0.5 0.3  
Increase (decrease) in escrow and other receivables from dispositions     0.0 0.9  
Noncash Investing and Financing Activities from discontinued operations:          
Increase (decrease) in capital expenditures included in liabilities associated with assets held for sale     1.4 0.0  
Discontinued Operations          
Noncash Investing and Financing Activities from continuing operations:          
Increase (decrease) in capital expenditures included in accounts payable and accrued and other liabilities     (0.1) 0.3  
Operating lease liabilities arising from obtaining ROU assets     0.0 19.3  
Finance lease liabilities arising from obtaining ROU assets     0.0 0.1  
Noncash Investing and Financing Activities from discontinued operations:          
Increase (decrease) in capital expenditures included in liabilities associated with assets held for sale     (0.1) 0.3  
Operating lease liabilities arising from obtaining ROU assets     0.0 19.3  
Finance lease liabilities arising from obtaining ROU assets     $ 0.0 $ 0.1