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Schedule I Condensed Non-Consolidated Financial Information of Registrant - Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
OPERATING ACTIVITIES |  |  |
Net (loss) income | $ (57,747) | $ (529,072) | $ 86,664
Non-cash and non-operating items: |  |  |
Unrealized gain on derivative instruments | (34,570) | (95,556) | (145,116)
Income tax expense | 19,724 | 12,232 | 24,468
Change in operating assets and liabilities (note 17) | (14,754) | 104,831 | 50,734
Net operating cash flow | 182,135 | 544,264 | 676,546
FINANCING ACTIVITIES |  |  |
Proceeds from issuance of long-term debt, net of issuance costs | 1,325,482 | 1,007,010 | 2,075,014
Net proceeds from equity issuances of Teekay Corporation | 103,655 | 25,636 | 105,462
Cash dividends paid | (22,082) | (18,977) | (17,406)
Other financing activities | (671) | 1,638 | 87
Net financing cash flow | 434,786 | 284,309 | (195,610)
INVESTING ACTIVITIES |  |  |
Other investing activities | 0 | 7,613 | 320
Net investing cash flow | (663,456) | (1,081,641) | (530,523)
Decrease in cash, cash equivalents and restricted cash | (46,535) | (253,068) | (49,587)
Cash, cash equivalents and restricted cash, beginning of the year | 552,174 | 805,242 | 854,829
Cash, cash equivalents and restricted cash, end of the year | 505,639 | 552,174 | 805,242
Teekay Parent |  |  |
OPERATING ACTIVITIES |  |  |
Net (loss) income | (705,725) | (362,384) | (66,208)
Non-cash and non-operating items: |  |  |
Unrealized gain on derivative instruments | (2,932) | (2,336) | 604
Impairments of investments (note 1) | 651,473 | 338,749 | 0
Income tax expense | 208 | 251 | 525
Stock-based compensation | 7,329 | 6,952 | 7,106
Dividends-in-kind | (10,000) | (58,000) | (1,039)
Other | 7,453 | 3,262 | 529
Change in operating assets and liabilities (note 17) | (36,296) | 718 | 17,050
Net operating cash flow | (88,490) | (72,788) | (41,433)
FINANCING ACTIVITIES |  |  |
Proceeds from issuance of long-term debt, net of issuance costs | 120,713 | 0 | 0
Scheduled repayments of long-term debt and settlement of related swaps | (85,654) | 0 | 0
Advances from (to) affiliates | 39,293 | 103,400 | 15,802
Net proceeds from equity issuances of Teekay Corporation | 103,655 | 25,636 | 105,462
Cash dividends paid | (22,081) | (18,967) | (17,406)
Other financing activities | (651) | (662) | (666)
Net financing cash flow | 155,275 | 109,407 | 71,588
INVESTING ACTIVITIES |  |  |
Investments in subsidiaries | (7,109) | (24,443) | (62,714)
Other investing activities | (45) | 1,289 | 660
Net investing cash flow | (7,154) | (23,154) | (62,054)
Decrease in cash, cash equivalents and restricted cash | 59,631 | 13,465 | (31,899)
Cash, cash equivalents and restricted cash, beginning of the year | 22,050 | 8,585 | 40,484
Cash, cash equivalents and restricted cash, end of the year | $ 81,681 | $ 22,050 | $ 8,585

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