Annual report pursuant to Section 13 and 15(d)

CASH FLOW INFORMATION

v2.4.1.9
CASH FLOW INFORMATION
 12 Months Ended
Dec. 31, 2014
Supplemental Cash Flow Information [Abstract]  
Cash Flow Information
NOTE 17 - CASH FLOW INFORMATION
A reconciliation of capital additions to cash paid for capital expenditures for the years ended December 31, 2014, 2013 and 2012 is as follows:
 
(In Millions)
 
Year Ended December 31,
 
2014
 
2013
 
2012
Capital additions
$
235.5

 
$
752.3

 
$
1,335.3

Cash paid for capital expenditures
284.1

 
861.6

 
1,127.5

Difference
$
(48.6
)
 
$
(109.3
)
 
$
207.8

Non-cash accruals
$
(58.5
)
 
$
(109.3
)
 
$
152.5

Capital leases
9.9

 
—

 
55.3

Total
$
(48.6
)
 
$
(109.3
)
 
$
207.8


Cash payments for interest and income taxes in 2014, 2013 and 2012 are as follows:
 
(In Millions)
2014
 
2013
 
2012
Taxes paid on income
$
47.3

 
$
153.3

 
$
443.2

Interest paid on debt obligations
176.5

 
174.4

 
207.5


Non-Cash Financing Activities - Declared Dividends
On November 19, 2014, our Board of Directors declared the quarterly cash dividend on our Preferred Shares of $17.50 per share, which is equivalent to approximately $0.44 per depositary share, each representing 1/40th of a Preferred Share. The cash dividend of $12.8 million was paid on February 2, 2015 to our preferred shareholders of record as of the close of business on January 15, 2015.