ÐÇ¿Õ´«Ã½

SUPPLEMENTARY GUARANTOR INFORMATION (Tables)

v3.8.0.1

SUPPLEMENTARY GUARANTOR INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]	Ìý	Ìý
Schedule of Supplemental Condensed Consolidating Financial Position	Condensed Consolidating Statement of Financial Position As of December 31, 2017 (In Millions) Ìý ÐÇ¿Õ´«Ã½ Inc. Ìý Guarantor Subsidiaries Ìý Non-Guarantor Subsidiaries Ìý Eliminations Ìý Consolidated ASSETS Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý CURRENT ASSETS Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Cash and cash equivalents $ 948.9 Ìý $ 2.1 Ìý $ 56.7 Ìý $ — Ìý $ 1,007.7 Accounts receivable, net 4.5 Ìý 102.9 Ìý 33.9 Ìý (0.7 ) Ìý 140.6 Inventories — Ìý 138.4 Ìý 45.0 Ìý — Ìý 183.4 Supplies and other inventories — Ìý 88.8 Ìý 5.1 Ìý — Ìý 93.9 Derivative assets — Ìý 37.9 Ìý 1.5 Ìý — Ìý 39.4 Loans to and accounts receivables from the Canadian Entities 44.7 Ìý 6.9 Ìý — Ìý — Ìý 51.6 Other current assets 16.4 Ìý 7.5 Ìý 4.1 Ìý — Ìý 28.0 TOTAL CURRENT ASSETS 1,014.5 Ìý 384.5 Ìý 146.3 Ìý (0.7 ) Ìý 1,544.6 PROPERTY, PLANT AND EQUIPMENT, NET 17.5 Ìý 959.0 Ìý 74.5 Ìý — Ìý 1,051.0 INCOME TAX RECEIVABLE 235.3 Ìý — Ìý — Ìý — Ìý 235.3 INVESTMENT IN SUBSIDIARIES 1,024.3 Ìý 29.9 Ìý — Ìý (1,054.2 ) Ìý — LONG-TERM INTERCOMPANY NOTES — Ìý — Ìý 242.0 Ìý (242.0 ) Ìý — OTHER NON-CURRENT ASSETS 7.8 Ìý 93.0 Ìý 21.7 Ìý — Ìý 122.5 TOTAL ASSETS $ 2,299.4 Ìý $ 1,466.4 Ìý $ 484.5 Ìý $ (1,296.9 ) Ìý $ 2,953.4 LIABILITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý CURRENT LIABILITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Accounts payable $ 7.1 Ìý $ 89.7 Ìý $ 31.6 Ìý $ (0.7 ) Ìý $ 127.7 Accrued employment costs 13.7 Ìý 38.9 Ìý 3.5 Ìý — Ìý 56.1 State and local taxes payable — Ìý 30.0 Ìý 0.2 Ìý — Ìý 30.2 Accrued expenses 5.3 Ìý 13.2 Ìý 15.2 Ìý — Ìý 33.7 Accrued interest 31.4 Ìý — Ìý — Ìý — Ìý 31.4 Accrued royalties — Ìý 7.8 Ìý 9.5 Ìý — Ìý 17.3 Contingent claims 55.6 Ìý — Ìý — Ìý — Ìý 55.6 Partnership distribution payable — Ìý 44.2 Ìý — Ìý — Ìý 44.2 Other current liabilities 2.1 Ìý 33.5 Ìý 20.4 Ìý — Ìý 56.0 TOTAL CURRENT LIABILITIES 115.2 Ìý 257.3 Ìý 80.4 Ìý (0.7 ) Ìý 452.2 POSTEMPLOYMENT BENEFIT LIABILITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Pensions 59.2 Ìý 403.6 Ìý (240.0 ) Ìý — Ìý 222.8 Other postretirement benefits 7.2 Ìý 27.0 Ìý 0.7 Ìý — Ìý 34.9 TOTAL POSTEMPLOYMENT BENEFIT LIABILITIES 66.4 Ìý 430.6 Ìý (239.3 ) Ìý — Ìý 257.7 ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS — Ìý 140.6 Ìý 55.9 Ìý — Ìý 196.5 LONG-TERM DEBT 2,304.2 Ìý — Ìý — Ìý — Ìý 2,304.2 LONG-TERM INTERCOMPANY NOTES 242.0 Ìý — Ìý — Ìý (242.0 ) Ìý — OTHER LIABILITIES 15.7 Ìý 147.2 Ìý 24.0 Ìý — Ìý 186.9 TOTAL LIABILITIES 2,743.5 Ìý 975.7 Ìý (79.0 ) Ìý (242.7 ) Ìý 3,397.5 COMMITMENTS AND CONTINGENCIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý EQUITY Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý TOTAL CLIFFS SHAREHOLDERS' DEFICIT (444.1 ) Ìý 490.7 Ìý 563.3 Ìý (1,054.2 ) Ìý (444.3 ) NONCONTROLLING INTEREST — Ìý — Ìý 0.2 Ìý — Ìý 0.2 TOTAL DEFICIT (444.1 ) Ìý 490.7 Ìý 563.5 Ìý (1,054.2 ) Ìý (444.1 ) TOTAL LIABILITIES AND DEFICIT $ 2,299.4 Ìý $ 1,466.4 Ìý $ 484.5 Ìý $ (1,296.9 ) Ìý $ 2,953.4 Condensed Consolidating Statement of Financial Position As of December 31, 2016 (In Millions) Ìý ÐÇ¿Õ´«Ã½ Inc. Ìý Guarantor Subsidiaries Ìý Non-Guarantor Subsidiaries Ìý Eliminations Ìý Consolidated ASSETS Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý CURRENT ASSETS Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Cash and cash equivalents $ 283.4 Ìý $ 2.5 Ìý $ 37.5 Ìý $ — Ìý $ 323.4 Accounts receivable, net 4.5 Ìý 59.3 Ìý 65.7 Ìý (0.8 ) Ìý 128.7 Inventories — Ìý 137.0 Ìý 41.4 Ìý — Ìý 178.4 Supplies and other inventories — Ìý 86.4 Ìý 5.0 Ìý — Ìý 91.4 Derivative assets — Ìý 31.7 Ìý 1.4 Ìý — Ìý 33.1 Loans to and accounts receivables from the Canadian Entities 41.7 Ìý 6.9 Ìý — Ìý — Ìý 48.6 Other current assets 8.6 Ìý 8.2 Ìý 4.2 Ìý — Ìý 21.0 TOTAL CURRENT ASSETS 338.2 Ìý 332.0 Ìý 155.2 Ìý (0.8 ) Ìý 824.6 PROPERTY, PLANT AND EQUIPMENT, NET 21.4 Ìý 937.7 Ìý 25.3 Ìý — Ìý 984.4 INVESTMENT IN SUBSIDIARIES 882.4 Ìý 24.6 Ìý — Ìý (907.0 ) Ìý — LONG-TERM INTERCOMPANY NOTES — Ìý — Ìý 197.0 Ìý (197.0 ) Ìý — OTHER NON-CURRENT ASSETS 11.0 Ìý 94.1 Ìý 9.8 Ìý — Ìý 114.9 TOTAL ASSETS $ 1,253.0 Ìý $ 1,388.4 Ìý $ 387.3 Ìý $ (1,104.8 ) Ìý $ 1,923.9 LIABILITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý CURRENT LIABILITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Accounts payable $ 1.6 Ìý $ 92.6 Ìý $ 14.2 Ìý $ (0.8 ) Ìý $ 107.6 Accrued employment costs 15.6 Ìý 34.6 Ìý 5.9 Ìý — Ìý 56.1 State and local taxes payable — Ìý 28.1 Ìý 0.2 Ìý — Ìý 28.3 Accrued expenses 7.6 Ìý 14.4 Ìý 19.1 Ìý — Ìý 41.1 Accrued interest 40.2 Ìý — Ìý — Ìý — Ìý 40.2 Accrued royalties — Ìý 13.0 Ìý 13.2 Ìý — Ìý 26.2 Partnership distribution payable — Ìý 8.7 Ìý — Ìý — Ìý 8.7 Other current liabilities 23.0 Ìý 35.3 Ìý 24.6 Ìý — Ìý 82.9 TOTAL CURRENT LIABILITIES 88.0 Ìý 226.7 Ìý 77.2 Ìý (0.8 ) Ìý 391.1 POSTEMPLOYMENT BENEFIT LIABILITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Pensions 56.9 Ìý 397.4 Ìý (208.6 ) Ìý — Ìý 245.7 Other postretirement benefits 7.6 Ìý 26.5 Ìý 0.7 Ìý — Ìý 34.8 TOTAL POSTEMPLOYMENT BENEFIT LIABILITIES 64.5 Ìý 423.9 Ìý (207.9 ) Ìý — Ìý 280.5 ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS — Ìý 153.9 Ìý 40.0 Ìý — Ìý 193.9 LONG-TERM DEBT 2,175.1 Ìý — Ìý — Ìý — Ìý 2,175.1 LONG-TERM INTERCOMPANY NOTES 197.0 Ìý — Ìý — Ìý (197.0 ) Ìý — OTHER LIABILITIES 58.9 Ìý 118.8 Ìý 36.1 Ìý — Ìý 213.8 TOTAL LIABILITIES 2,583.5 Ìý 923.3 Ìý (54.6 ) Ìý (197.8 ) Ìý 3,254.4 COMMITMENTS AND CONTINGENCIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý EQUITY Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý TOTAL CLIFFS SHAREHOLDERS' DEFICIT (1,330.5 ) Ìý 331.5 Ìý 441.7 Ìý (907.0 ) Ìý (1,464.3 ) NONCONTROLLING INTEREST — Ìý 133.6 Ìý 0.2 Ìý — Ìý 133.8 TOTAL DEFICIT (1,330.5 ) Ìý 465.1 Ìý 441.9 Ìý (907.0 ) Ìý (1,330.5 ) TOTAL LIABILITIES AND DEFICIT $ 1,253.0 Ìý $ 1,388.4 Ìý $ 387.3 Ìý $ (1,104.8 ) Ìý $ 1,923.9	Ìý
Schedule of Supplemental Statements of Condensed Consolidating Operations and Comprehensive Income (Loss)	Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Year Ended December 31, 2017 (In Millions) Ìý ÐÇ¿Õ´«Ã½ Inc. Ìý Guarantor Subsidiaries Ìý Non-Guarantor Subsidiaries Ìý Eliminations Ìý Consolidated REVENUES FROM PRODUCT SALES AND SERVICES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Product $ — Ìý $ 1,644.6 Ìý $ 444.6 Ìý $ — Ìý $ 2,089.2 Freight and venture partners' cost reimbursements — Ìý 221.4 Ìý 19.6 Ìý — Ìý 241.0 Ìý — Ìý 1,866.0 Ìý 464.2 Ìý — Ìý 2,330.2 COST OF GOODS SOLD AND OPERATING EXPENSES — Ìý (1,400.6 ) Ìý (427.9 ) Ìý — Ìý (1,828.5 ) SALES MARGIN — Ìý 465.4 Ìý 36.3 Ìý — Ìý 501.7 OTHER OPERATING INCOME (EXPENSE) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Selling, general and administrative expenses (81.4 ) Ìý (24.7 ) Ìý 0.3 Ìý — Ìý (105.8 ) Miscellaneous - net (2.2 ) Ìý 12.3 Ìý 17.6 Ìý — Ìý 27.7 Ìý (83.6 ) Ìý (12.4 ) Ìý 17.9 Ìý — Ìý (78.1 ) OPERATING INCOME (LOSS) (83.6 ) Ìý 453.0 Ìý 54.2 Ìý — Ìý 423.6 OTHER INCOME (EXPENSE) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Interest expense, net (126.8 ) Ìý (1.0 ) Ìý (4.2 ) Ìý — Ìý (132.0 ) Loss on extinguishment/restructuring of debt (165.4 ) Ìý — Ìý — Ìý — Ìý (165.4 ) Other non-operating income 0.1 Ìý 3.1 Ìý — Ìý — Ìý 3.2 Ìý (292.1 ) Ìý 2.1 Ìý (4.2 ) Ìý — Ìý (294.2 ) INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (375.7 ) Ìý 455.1 Ìý 50.0 Ìý — Ìý 129.4 INCOME TAX BENEFIT (EXPENSE) 251.4 Ìý 1.3 Ìý (0.3 ) Ìý — Ìý 252.4 EQUITY IN INCOME OF SUBSIDIARIES 512.6 Ìý 11.8 Ìý — Ìý (524.4 ) Ìý — INCOME FROM CONTINUING OPERATIONS 388.3 Ìý 468.2 Ìý 49.7 Ìý (524.4 ) Ìý 381.8 LOSS (INCOME) FROM DISCONTINUED OPERATIONS, net of tax (21.3 ) Ìý 1.7 Ìý 0.9 Ìý — Ìý (18.7 ) NET INCOME 367.0 Ìý 469.9 Ìý 50.6 Ìý (524.4 ) Ìý 363.1 LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST — Ìý 3.9 Ìý — Ìý — Ìý 3.9 NET INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS $ 367.0 Ìý $ 473.8 Ìý $ 50.6 Ìý $ (524.4 ) Ìý $ 367.0 OTHER COMPREHENSIVE INCOME (LOSS) (4.0 ) Ìý 12.8 Ìý (5.2 ) Ìý (7.6 ) Ìý (4.0 ) TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS $ 363.0 Ìý $ 486.6 Ìý $ 45.4 Ìý $ (532.0 ) Ìý $ 363.0 Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Year Ended December 31, 2016 (In Millions) Ìý ÐÇ¿Õ´«Ã½ Inc. Ìý Guarantor Subsidiaries Ìý Non-Guarantor Subsidiaries Ìý Eliminations Ìý Consolidated REVENUES FROM PRODUCT SALES AND SERVICES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Product $ — Ìý $ 1,379.6 Ìý $ 533.9 Ìý $ — Ìý $ 1,913.5 Freight and venture partners' cost reimbursements — Ìý 174.9 Ìý 20.6 Ìý — Ìý 195.5 Ìý — Ìý 1,554.5 Ìý 554.5 Ìý — Ìý 2,109.0 COST OF GOODS SOLD AND OPERATING EXPENSES — Ìý (1,278.8 ) Ìý (440.9 ) Ìý — Ìý (1,719.7 ) SALES MARGIN — Ìý 275.7 Ìý 113.6 Ìý — Ìý 389.3 OTHER OPERATING INCOME (EXPENSE) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Selling, general and administrative expenses (97.9 ) Ìý (20.8 ) Ìý 0.9 Ìý — Ìý (117.8 ) Miscellaneous - net (5.6 ) Ìý (10.8 ) Ìý (14.3 ) Ìý — Ìý (30.7 ) Ìý (103.5 ) Ìý (31.6 ) Ìý (13.4 ) Ìý — Ìý (148.5 ) OPERATING INCOME (LOSS) (103.5 ) Ìý 244.1 Ìý 100.2 Ìý — Ìý 240.8 OTHER INCOME (EXPENSE) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Interest expense, net (195.0 ) Ìý 0.6 Ìý (6.1 ) Ìý — Ìý (200.5 ) Gain on extinguishment/restructuring of debt 166.3 Ìý — Ìý — Ìý — Ìý 166.3 Other non-operating income (expense) (0.5 ) Ìý 0.4 Ìý 0.5 Ìý — Ìý 0.4 Ìý (29.2 ) Ìý 1.0 Ìý (5.6 ) Ìý — Ìý (33.8 ) INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (132.7 ) Ìý 245.1 Ìý 94.6 Ìý — Ìý 207.0 INCOME TAX BENEFIT 4.3 Ìý 3.0 Ìý 4.9 Ìý — Ìý 12.2 EQUITY IN INCOME OF SUBSIDIARIES 319.6 Ìý 13.7 Ìý — Ìý (333.3 ) Ìý — INCOME FROM CONTINUING OPERATIONS 191.2 Ìý 261.8 Ìý 99.5 Ìý (333.3 ) Ìý 219.2 INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax (17.1 ) Ìý 2.6 Ìý (5.4 ) Ìý — Ìý (19.9 ) NET INCOME 174.1 Ìý 264.4 Ìý 94.1 Ìý (333.3 ) Ìý 199.3 INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST — Ìý (25.2 ) Ìý — Ìý — Ìý (25.2 ) NET INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS $ 174.1 Ìý $ 239.2 Ìý $ 94.1 Ìý $ (333.3 ) Ìý $ 174.1 OTHER COMPREHENSIVE INCOME (LOSS) (3.3 ) Ìý (20.7 ) Ìý 13.8 Ìý 6.9 Ìý (3.3 ) TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS $ 170.8 Ìý $ 218.5 Ìý $ 107.9 Ìý $ (326.4 ) Ìý $ 170.8 Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Year Ended December 31, 2015 (In Millions) Ìý ÐÇ¿Õ´«Ã½ Inc. Ìý Guarantor Subsidiaries Ìý Non-Guarantor Subsidiaries Ìý Eliminations Ìý Consolidated REVENUES FROM PRODUCT SALES AND SERVICES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Product $ — Ìý $ 1,368.1 Ìý $ 464.3 Ìý $ — Ìý $ 1,832.4 Freight and venture partners' cost reimbursements — Ìý 157.3 Ìý 23.6 Ìý — Ìý 180.9 Ìý — Ìý 1,525.4 Ìý 487.9 Ìý — Ìý 2,013.3 COST OF GOODS SOLD AND OPERATING EXPENSES — Ìý (1,298.3 ) Ìý (478.5 ) Ìý — Ìý (1,776.8 ) SALES MARGIN — Ìý 227.1 Ìý 9.4 Ìý — Ìý 236.5 OTHER OPERATING INCOME (EXPENSE) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Selling, general and administrative expenses (88.5 ) Ìý (21.2 ) Ìý (0.3 ) Ìý — Ìý (110.0 ) Miscellaneous - net 7.7 Ìý (3.0 ) Ìý 20.1 Ìý — Ìý 24.8 Ìý (80.8 ) Ìý (24.2 ) Ìý 19.8 Ìý — Ìý (85.2 ) OPERATING INCOME (LOSS) (80.8 ) Ìý 202.9 Ìý 29.2 Ìý — Ìý 151.3 OTHER INCOME (EXPENSE) Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Interest expense, net (221.4 ) Ìý (0.1 ) Ìý (7.0 ) Ìý — Ìý (228.5 ) Gain on extinguishment/restructuring of debt 392.9 Ìý — Ìý — Ìý — Ìý 392.9 Other non-operating income (expense) (114.6 ) Ìý 1.2 Ìý 110.8 Ìý — Ìý (2.6 ) Ìý 56.9 Ìý 1.1 Ìý 103.8 Ìý — Ìý 161.8 INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND EQUITY LOSS FROM VENTURES (23.9 ) Ìý 204.0 Ìý 133.0 Ìý — Ìý 313.1 INCOME TAX BENEFIT (EXPENSE) (19.1 ) Ìý (176.3 ) Ìý 26.1 Ìý — Ìý (169.3 ) EQUITY IN INCOME (LOSS) OF SUBSIDIARIES (501.2 ) Ìý 12.9 Ìý — Ìý 488.3 Ìý — EQUITY LOSS FROM VENTURES, net of tax — Ìý — Ìý (0.1 ) Ìý — Ìý (0.1 ) INCOME (LOSS) FROM CONTINUING OPERATIONS (544.2 ) Ìý 40.6 Ìý 159.0 Ìý 488.3 Ìý 143.7 INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax (205.1 ) Ìý (762.2 ) Ìý 75.2 Ìý — Ìý (892.1 ) NET INCOME (LOSS) (749.3 ) Ìý (721.6 ) Ìý 234.2 Ìý 488.3 Ìý (748.4 ) LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTEREST — Ìý (8.6 ) Ìý 7.7 Ìý — Ìý (0.9 ) NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS $ (749.3 ) Ìý $ (730.2 ) Ìý $ 241.9 Ìý $ 488.3 Ìý $ (749.3 ) PREFERRED STOCK DIVIDENDS (38.4 ) Ìý — Ìý — Ìý — Ìý (38.4 ) NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS $ (787.7 ) Ìý $ (730.2 ) Ìý $ 241.9 Ìý $ 488.3 Ìý $ (787.7 ) OTHER COMPREHENSIVE INCOME 266.2 Ìý 20.0 Ìý 176.4 Ìý (196.4 ) Ìý 266.2 TOTAL COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO CLIFFS SHAREHOLDERS $ (521.5 ) Ìý $ (710.2 ) Ìý $ 418.3 Ìý $ 291.9 Ìý $ (521.5 )	Ìý
Schedule of Supplemental Statements of Condensed Consolidating Cash Flows	Ìý	Condensed Consolidating Statement of Cash Flows For the Year Ended December 31, 2017 (In Millions) Ìý ÐÇ¿Õ´«Ã½ Inc. Ìý Guarantor Subsidiaries Ìý Non-Guarantor Subsidiaries Ìý Eliminations Ìý Consolidated Net cash provided (used) by operating activities $ (166.8 ) Ìý $ 430.4 Ìý $ 74.5 Ìý $ — Ìý $ 338.1 INVESTING ACTIVITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Purchase of property, plant and equipment (3.4 ) Ìý (80.6 ) Ìý (67.7 ) Ìý — Ìý (151.7 ) Intercompany investing 225.7 Ìý (7.4 ) Ìý (45.0 ) Ìý (173.3 ) Ìý — Other investing activities (7.7 ) Ìý 3.4 Ìý — Ìý — Ìý (4.3 ) Net cash provided (used) in investing activities 214.6 Ìý (84.6 ) Ìý (112.7 ) Ìý (173.3 ) Ìý (156.0 ) FINANCING ACTIVITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Net proceeds from issuance of common shares 661.3 Ìý — Ìý — Ìý — Ìý 661.3 Proceeds from issuance of debt 1,771.5 Ìý — Ìý — Ìý — Ìý 1,771.5 Debt issuance costs (28.6 ) Ìý — Ìý — Ìý — Ìý (28.6 ) Repurchase of debt (1,720.7 ) Ìý — Ìý — Ìý — Ìý (1,720.7 ) Acquisition of noncontrolling interest (105.0 ) Ìý — Ìý — Ìý — Ìý (105.0 ) Distributions of partnership equity — Ìý (52.9 ) Ìý — Ìý — Ìý (52.9 ) Intercompany financing 45.0 Ìý (288.8 ) Ìý 70.5 Ìý 173.3 Ìý — Other financing activities (5.8 ) Ìý (4.5 ) Ìý (16.4 ) Ìý — Ìý (26.7 ) Net cash provided (used) by financing activities 617.7 Ìý (346.2 ) Ìý 54.1 Ìý 173.3 Ìý 498.9 EFFECT OF EXCHANGE RATE CHANGES ON CASH — Ìý — Ìý 3.3 Ìý — Ìý 3.3 INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 665.5 Ìý (0.4 ) Ìý 19.2 Ìý — Ìý 684.3 CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 283.4 Ìý 2.5 Ìý 37.5 Ìý — Ìý 323.4 CASH AND CASH EQUIVALENTS AT END OF YEAR $ 948.9 Ìý $ 2.1 Ìý $ 56.7 Ìý $ — Ìý $ 1,007.7 Condensed Consolidating Statement of Cash Flows For the Year Ended December 31, 2016 (In Millions) Ìý ÐÇ¿Õ´«Ã½ Inc. Ìý Guarantor Subsidiaries Ìý Non-Guarantor Subsidiaries Ìý Eliminations Ìý Consolidated Net cash provided (used) by operating activities $ (275.7 ) Ìý $ 462.9 Ìý $ 115.8 Ìý $ — Ìý $ 303.0 INVESTING ACTIVITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Purchase of property, plant and equipment (6.2 ) Ìý (60.0 ) Ìý (2.9 ) Ìý — Ìý (69.1 ) Intercompany investing 356.6 Ìý (3.3 ) Ìý (117.0 ) Ìý (236.3 ) Ìý — Other investing activities 0.4 Ìý 10.8 Ìý — Ìý — Ìý 11.2 Net cash provided (used) by investing activities 350.8 Ìý (52.5 ) Ìý (119.9 ) Ìý (236.3 ) Ìý (57.9 ) FINANCING ACTIVITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Net proceeds from issuance of common shares 287.4 Ìý — Ìý — Ìý — Ìý 287.4 Debt issuance costs (5.2 ) Ìý — Ìý — Ìý — Ìý (5.2 ) Borrowings under credit facilities 105.0 Ìý — Ìý — Ìý — Ìý 105.0 Repayments under credit facilities (105.0 ) Ìý — Ìý — Ìý — Ìý (105.0 ) Repayments on equipment loans (95.6 ) Ìý — Ìý — Ìý — Ìý (95.6 ) Repurchase of debt (305.4 ) Ìý — Ìý — Ìý — Ìý (305.4 ) Distributions of partnership equity — Ìý (59.9 ) Ìý — Ìý — Ìý (59.9 ) Intercompany financing 117.0 Ìý (339.9 ) Ìý (13.4 ) Ìý 236.3 Ìý — Other financing activities (0.6 ) Ìý (9.9 ) Ìý (17.2 ) Ìý — Ìý (27.7 ) Net cash used by financing activities (2.4 ) Ìý (409.7 ) Ìý (30.6 ) Ìý 236.3 Ìý (206.4 ) EFFECT OF EXCHANGE RATE CHANGES ON CASH — Ìý — Ìý (0.5 ) Ìý — Ìý (0.5 ) INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 72.7 Ìý 0.7 Ìý (35.2 ) Ìý — Ìý 38.2 CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 210.7 Ìý 1.8 Ìý 72.7 Ìý — Ìý 285.2 CASH AND CASH EQUIVALENTS AT END OF YEAR $ 283.4 Ìý $ 2.5 Ìý $ 37.5 Ìý $ — Ìý $ 323.4 Condensed Consolidating Statement of Cash Flows For the Year Ended December 31, 2015 (In Millions) Ìý ÐÇ¿Õ´«Ã½ Inc. Ìý Guarantor Subsidiaries Ìý Non-Guarantor Subsidiaries Ìý Eliminations Ìý Consolidated Net cash provided (used) by operating activities $ 65.6 Ìý $ (23.7 ) Ìý $ (4.0 ) Ìý $ — Ìý $ 37.9 INVESTING ACTIVITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Purchase of property, plant and equipment (6.9 ) Ìý (68.2 ) Ìý (5.7 ) Ìý — Ìý (80.8 ) Intercompany investments (205.8 ) Ìý (2.9 ) Ìý (80.0 ) Ìý 288.7 Ìý — Other investing activities — Ìý (27.6 ) Ìý 5.2 Ìý — Ìý (22.4 ) Net cash used by investing activities (212.7 ) Ìý (98.7 ) Ìý (80.5 ) Ìý 288.7 Ìý (103.2 ) FINANCING ACTIVITIES Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Proceeds from issuance of debt 503.5 Ìý — Ìý — Ìý — Ìý 503.5 Debt issuance costs (33.6 ) Ìý — Ìý — Ìý — Ìý (33.6 ) Borrowings under credit facilities 296.8 Ìý — Ìý 13.0 Ìý — Ìý 309.8 Repayments on credit facilities (296.8 ) Ìý — Ìý (13.0 ) Ìý — Ìý (309.8 ) Repayments on equipment loans (43.6 ) Ìý — Ìý (1.8 ) Ìý — Ìý (45.4 ) Repurchase of debt (225.9 ) Ìý — Ìý — Ìý — Ìý (225.9 ) Distributions of partnership equity — Ìý (40.6 ) Ìý — Ìý — Ìý (40.6 ) Preferred stock dividends (51.2 ) Ìý — Ìý — Ìý — Ìý (51.2 ) Intercompany financing 80.0 Ìý 188.5 Ìý 20.2 Ìý (288.7 ) Ìý — Other financing activities (5.0 ) Ìý (25.0 ) Ìý (15.8 ) Ìý — Ìý (45.8 ) Net cash provided by financing activities 224.2 Ìý 122.9 Ìý 2.6 Ìý (288.7 ) Ìý 61.0 EFFECT OF EXCHANGE RATE CHANGES ON CASH — Ìý — Ìý (1.4 ) Ìý — Ìý (1.4 ) INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 77.1 Ìý 0.5 Ìý (83.3 ) Ìý — Ìý (5.7 ) CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 133.6 Ìý 1.3 Ìý 156.0 Ìý — Ìý 290.9 CASH AND CASH EQUIVALENTS AT END OF YEAR $ 210.7 Ìý $ 1.8 Ìý $ 72.7 Ìý $ — Ìý $ 285.2