| Schedule of Supplemental Condensed Consolidating Financial Position |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Condensed Consolidating Statement of Financial Position |
As of March 31, 2019 |
(In Millions) |
|
Cleveland-Cliffs Inc. |
|
Guarantor Subsidiaries |
|
Non-Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
ASSETS |
|
|
|
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
426.8 |
|
|
$ |
0.7 |
|
|
$ |
2.7 |
|
|
$ |
— |
|
|
$ |
430.2 |
|
Accounts receivable, net |
7.6 |
|
|
16.2 |
|
|
0.3 |
|
|
(4.0 |
) |
|
20.1 |
|
Inventories |
— |
|
|
312.7 |
|
|
— |
|
|
— |
|
|
312.7 |
|
Supplies and other inventories |
— |
|
|
97.3 |
|
|
— |
|
|
— |
|
|
97.3 |
|
Derivative assets |
0.7 |
|
|
106.7 |
|
|
— |
|
|
— |
|
|
107.4 |
|
Income tax receivable, current |
117.3 |
|
|
— |
|
|
— |
|
|
— |
|
|
117.3 |
|
Other current assets |
8.6 |
|
|
21.1 |
|
|
11.3 |
|
|
— |
|
|
41.0 |
|
TOTAL CURRENT ASSETS |
561.0 |
|
|
554.7 |
|
|
14.3 |
|
|
(4.0 |
) |
|
1,126.0 |
|
PROPERTY, PLANT AND EQUIPMENT, NET |
12.0 |
|
|
1,347.5 |
|
|
50.8 |
|
|
— |
|
|
1,410.3 |
|
OTHER ASSETS |
|
|
|
|
|
|
|
|
|
Deposits for property, plant and equipment |
— |
|
|
53.6 |
|
|
14.7 |
|
|
— |
|
|
68.3 |
|
Income tax receivable, non-current |
117.2 |
|
|
4.1 |
|
|
— |
|
|
— |
|
|
121.3 |
|
Deferred income taxes |
465.4 |
|
|
— |
|
|
1.2 |
|
|
— |
|
|
466.6 |
|
Investment in subsidiaries |
1,448.5 |
|
|
30.1 |
|
|
— |
|
|
(1,478.6 |
) |
|
— |
|
Long-term intercompany notes |
— |
|
|
— |
|
|
121.3 |
|
|
(121.3 |
) |
|
— |
|
Other non-current assets |
16.6 |
|
|
95.8 |
|
|
1.4 |
|
|
— |
|
|
113.8 |
|
TOTAL OTHER ASSETS |
2,047.7 |
|
|
183.6 |
|
|
138.6 |
|
|
(1,599.9 |
) |
|
770.0 |
|
TOTAL ASSETS |
$ |
2,620.7 |
|
|
$ |
2,085.8 |
|
|
$ |
203.7 |
|
|
$ |
(1,603.9 |
) |
|
$ |
3,306.3 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
Accounts payable |
$ |
5.2 |
|
|
$ |
166.4 |
|
|
$ |
4.1 |
|
|
$ |
(4.0 |
) |
|
$ |
171.7 |
|
Accrued employment costs |
9.4 |
|
|
32.6 |
|
|
0.1 |
|
|
— |
|
|
42.1 |
|
Accrued interest |
23.0 |
|
|
— |
|
|
— |
|
|
— |
|
|
23.0 |
|
Partnership distribution payable |
— |
|
|
43.8 |
|
|
— |
|
|
— |
|
|
43.8 |
|
Other current liabilities |
27.9 |
|
|
78.4 |
|
|
7.1 |
|
|
— |
|
|
113.4 |
|
TOTAL CURRENT LIABILITIES |
65.5 |
|
|
321.2 |
|
|
11.3 |
|
|
(4.0 |
) |
|
394.0 |
|
PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES |
64.1 |
|
|
414.8 |
|
|
(234.7 |
) |
|
— |
|
|
244.2 |
|
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS |
— |
|
|
154.6 |
|
|
19.8 |
|
|
— |
|
|
174.4 |
|
LONG-TERM DEBT |
2,087.0 |
|
|
— |
|
|
— |
|
|
— |
|
|
2,087.0 |
|
LONG-TERM INTERCOMPANY NOTES |
121.3 |
|
|
— |
|
|
— |
|
|
(121.3 |
) |
|
— |
|
OTHER LIABILITIES |
21.1 |
|
|
116.0 |
|
|
7.9 |
|
|
— |
|
|
145.0 |
|
TOTAL LIABILITIES |
2,359.0 |
|
|
1,006.6 |
|
|
(195.7 |
) |
|
(125.3 |
) |
|
3,044.6 |
|
EQUITY |
|
|
|
|
|
|
|
|
|
TOTAL EQUITY |
261.7 |
|
|
1,079.2 |
|
|
399.4 |
|
|
(1,478.6 |
) |
|
261.7 |
|
TOTAL LIABILITIES AND EQUITY |
$ |
2,620.7 |
|
|
$ |
2,085.8 |
|
|
$ |
203.7 |
|
|
$ |
(1,603.9 |
) |
|
$ |
3,306.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Condensed Consolidating Statement of Financial Position |
As of December 31, 2018 |
(In Millions) |
|
Cleveland-Cliffs Inc. |
|
Guarantor Subsidiaries |
|
Non-Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
ASSETS |
|
|
|
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
$ |
819.8 |
|
|
$ |
0.7 |
|
|
$ |
2.7 |
|
|
$ |
— |
|
|
$ |
823.2 |
|
Accounts receivable, net |
9.2 |
|
|
221.3 |
|
|
0.3 |
|
|
(4.1 |
) |
|
226.7 |
|
Inventories |
— |
|
|
87.9 |
|
|
— |
|
|
— |
|
|
87.9 |
|
Supplies and other inventories |
— |
|
|
93.2 |
|
|
— |
|
|
— |
|
|
93.2 |
|
Derivative assets |
0.1 |
|
|
91.4 |
|
|
— |
|
|
— |
|
|
91.5 |
|
Income tax receivable, current |
117.3 |
|
|
— |
|
|
— |
|
|
— |
|
|
117.3 |
|
Other current assets |
10.0 |
|
|
16.9 |
|
|
12.9 |
|
|
— |
|
|
39.8 |
|
TOTAL CURRENT ASSETS |
956.4 |
|
|
511.4 |
|
|
15.9 |
|
|
(4.1 |
) |
|
1,479.6 |
|
PROPERTY, PLANT AND EQUIPMENT, NET |
13.3 |
|
|
1,221.9 |
|
|
50.8 |
|
|
— |
|
|
1,286.0 |
|
OTHER ASSETS |
|
|
|
|
|
|
|
|
|
Deposits for property, plant and equipment |
— |
|
|
68.4 |
|
|
14.6 |
|
|
— |
|
|
83.0 |
|
Income tax receivable, non-current |
117.2 |
|
|
4.1 |
|
|
— |
|
|
— |
|
|
121.3 |
|
Deferred income taxes |
463.6 |
|
|
— |
|
|
1.2 |
|
|
— |
|
|
464.8 |
|
Investment in subsidiaries |
1,262.3 |
|
|
50.8 |
|
|
— |
|
|
(1,313.1 |
) |
|
— |
|
Long-term intercompany notes |
— |
|
|
— |
|
|
121.3 |
|
|
(121.3 |
) |
|
— |
|
Other non-current assets |
8.0 |
|
|
85.4 |
|
|
1.5 |
|
|
— |
|
|
94.9 |
|
TOTAL OTHER ASSETS |
1,851.1 |
|
|
208.7 |
|
|
138.6 |
|
|
(1,434.4 |
) |
|
764.0 |
|
TOTAL ASSETS |
$ |
2,820.8 |
|
|
$ |
1,942.0 |
|
|
$ |
205.3 |
|
|
$ |
(1,438.5 |
) |
|
$ |
3,529.6 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
|
|
|
Accounts payable |
$ |
5.3 |
|
|
$ |
181.4 |
|
|
$ |
4.2 |
|
|
$ |
(4.1 |
) |
|
$ |
186.8 |
|
Accrued employment costs |
28.5 |
|
|
45.4 |
|
|
0.1 |
|
|
— |
|
|
74.0 |
|
Accrued interest |
38.4 |
|
|
— |
|
|
— |
|
|
— |
|
|
38.4 |
|
Partnership distribution payable |
— |
|
|
43.5 |
|
|
— |
|
|
— |
|
|
43.5 |
|
Other current liabilities |
30.6 |
|
|
86.7 |
|
|
8.2 |
|
|
— |
|
|
125.5 |
|
TOTAL CURRENT LIABILITIES |
102.8 |
|
|
357.0 |
|
|
12.5 |
|
|
(4.1 |
) |
|
468.2 |
|
PENSION AND POSTEMPLOYMENT BENEFIT LIABILITIES |
64.3 |
|
|
414.4 |
|
|
(230.0 |
) |
|
— |
|
|
248.7 |
|
ENVIRONMENTAL AND MINE CLOSURE OBLIGATIONS |
— |
|
|
152.1 |
|
|
19.9 |
|
|
— |
|
|
172.0 |
|
LONG-TERM DEBT |
2,092.9 |
|
|
— |
|
|
— |
|
|
— |
|
|
2,092.9 |
|
LONG-TERM INTERCOMPANY NOTES |
121.3 |
|
|
— |
|
|
— |
|
|
(121.3 |
) |
|
— |
|
OTHER LIABILITIES |
15.3 |
|
|
99.5 |
|
|
8.8 |
|
|
— |
|
|
123.6 |
|
TOTAL LIABILITIES |
2,396.6 |
|
|
1,023.0 |
|
|
(188.8 |
) |
|
(125.4 |
) |
|
3,105.4 |
|
EQUITY |
|
|
|
|
|
|
|
|
|
TOTAL EQUITY |
424.2 |
|
|
919.0 |
|
|
394.1 |
|
|
(1,313.1 |
) |
|
424.2 |
|
TOTAL LIABILITIES AND EQUITY |
$ |
2,820.8 |
|
|
$ |
1,942.0 |
|
|
$ |
205.3 |
|
|
$ |
(1,438.5 |
) |
|
$ |
3,529.6 |
|
|
| Schedule of Supplemental Statements of Condensed Consolidating Operations and Comprehensive Income (Loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) |
For the Three Months Ended March 31, 2019 |
(In Millions) |
|
Cleveland-Cliffs Inc. |
|
Guarantor Subsidiaries |
|
Non-Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
REVENUES FROM PRODUCT SALES AND SERVICES |
|
|
|
|
|
|
|
|
|
Product |
$ |
— |
|
|
$ |
145.4 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
145.4 |
|
Freight |
— |
|
|
11.6 |
|
|
— |
|
|
— |
|
|
11.6 |
|
|
— |
|
|
157.0 |
|
|
— |
|
|
— |
|
|
157.0 |
|
COST OF GOODS SOLD |
— |
|
|
(126.1 |
) |
|
— |
|
|
— |
|
|
(126.1 |
) |
SALES MARGIN |
— |
|
|
30.9 |
|
|
— |
|
|
— |
|
|
30.9 |
|
OTHER OPERATING EXPENSE |
|
|
|
|
|
|
|
|
|
Selling, general and administrative expenses |
(22.8 |
) |
|
(5.2 |
) |
|
(0.1 |
) |
|
— |
|
|
(28.1 |
) |
Miscellaneous – net |
— |
|
|
(3.4 |
) |
|
(0.2 |
) |
|
— |
|
|
(3.6 |
) |
|
(22.8 |
) |
|
(8.6 |
) |
|
(0.3 |
) |
|
— |
|
|
(31.7 |
) |
OPERATING INCOME (LOSS) |
(22.8 |
) |
|
22.3 |
|
|
(0.3 |
) |
|
— |
|
|
(0.8 |
) |
OTHER INCOME (EXPENSE) |
|
|
|
|
|
|
|
|
|
Interest expense, net |
(24.7 |
) |
|
(0.5 |
) |
|
0.1 |
|
|
— |
|
|
(25.1 |
) |
Other non-operating income (expense) |
(1.4 |
) |
|
(3.2 |
) |
|
4.7 |
|
|
— |
|
|
0.1 |
|
|
(26.1 |
) |
|
(3.7 |
) |
|
4.8 |
|
|
— |
|
|
(25.0 |
) |
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES |
(48.9 |
) |
|
18.6 |
|
|
4.5 |
|
|
— |
|
|
(25.8 |
) |
INCOME TAX BENEFIT (EXPENSE) |
3.9 |
|
|
(0.1 |
) |
|
(0.1 |
) |
|
— |
|
|
3.7 |
|
EQUITY IN INCOME OF SUBSIDIARIES |
22.9 |
|
|
4.4 |
|
|
— |
|
|
(27.3 |
) |
|
— |
|
INCOME (LOSS) FROM CONTINUING OPERATIONS |
(22.1 |
) |
|
22.9 |
|
|
4.4 |
|
|
(27.3 |
) |
|
(22.1 |
) |
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX |
— |
|
|
(0.1 |
) |
|
0.1 |
|
|
— |
|
|
— |
|
NET INCOME (LOSS) |
$ |
(22.1 |
) |
|
$ |
22.8 |
|
|
$ |
4.5 |
|
|
$ |
(27.3 |
) |
|
$ |
(22.1 |
) |
OTHER COMPREHENSIVE INCOME |
8.4 |
|
|
6.7 |
|
|
— |
|
|
(6.7 |
) |
|
8.4 |
|
TOTAL COMPREHENSIVE INCOME (LOSS) |
$ |
(13.7 |
) |
|
$ |
29.5 |
|
|
$ |
4.5 |
|
|
$ |
(34.0 |
) |
|
$ |
(13.7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) |
For the Three Months Ended March 31, 2018 |
(In Millions) |
|
Cleveland-Cliffs Inc. |
|
Guarantor Subsidiaries |
|
Non-Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
REVENUES FROM PRODUCT SALES AND SERVICES |
|
|
|
|
|
|
|
|
|
Product |
$ |
— |
|
|
$ |
169.2 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
169.2 |
|
Freight |
— |
|
|
10.8 |
|
|
— |
|
|
— |
|
|
10.8 |
|
|
— |
|
|
180.0 |
|
|
— |
|
|
— |
|
|
180.0 |
|
COST OF GOODS SOLD |
— |
|
|
(118.5 |
) |
|
— |
|
|
— |
|
|
(118.5 |
) |
SALES MARGIN |
— |
|
|
61.5 |
|
|
— |
|
|
— |
|
|
61.5 |
|
OTHER OPERATING EXPENSE |
|
|
|
|
|
|
|
|
|
Selling, general and administrative expenses |
(20.1 |
) |
|
(4.7 |
) |
|
(0.3 |
) |
|
— |
|
|
(25.1 |
) |
Miscellaneous – net |
(0.2 |
) |
|
(5.3 |
) |
|
(0.6 |
) |
|
— |
|
|
(6.1 |
) |
|
(20.3 |
) |
|
(10.0 |
) |
|
(0.9 |
) |
|
— |
|
|
(31.2 |
) |
OPERATING INCOME (LOSS) |
(20.3 |
) |
|
51.5 |
|
|
(0.9 |
) |
|
— |
|
|
30.3 |
|
OTHER INCOME (EXPENSE) |
|
|
|
|
|
|
|
|
|
Interest expense, net |
(31.9 |
) |
|
(0.8 |
) |
|
0.3 |
|
|
— |
|
|
(32.4 |
) |
Other non-operating income (expense) |
(0.9 |
) |
|
0.5 |
|
|
4.8 |
|
|
— |
|
|
4.4 |
|
|
(32.8 |
) |
|
(0.3 |
) |
|
5.1 |
|
|
— |
|
|
(28.0 |
) |
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES |
(53.1 |
) |
|
51.2 |
|
|
4.2 |
|
|
— |
|
|
2.3 |
|
INCOME TAX EXPENSE |
(15.6 |
) |
|
(0.1 |
) |
|
— |
|
|
— |
|
|
(15.7 |
) |
EQUITY IN INCOME (LOSS) OF SUBSIDIARIES |
(15.7 |
) |
|
4.5 |
|
|
— |
|
|
11.2 |
|
|
— |
|
INCOME (LOSS) FROM CONTINUING OPERATIONS |
(84.4 |
) |
|
55.6 |
|
|
4.2 |
|
|
11.2 |
|
|
(13.4 |
) |
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, net of tax |
0.1 |
|
|
0.2 |
|
|
(71.2 |
) |
|
— |
|
|
(70.9 |
) |
NET INCOME (LOSS) |
$ |
(84.3 |
) |
|
$ |
55.8 |
|
|
$ |
(67.0 |
) |
|
$ |
11.2 |
|
|
$ |
(84.3 |
) |
OTHER COMPREHENSIVE INCOME |
7.7 |
|
|
5.9 |
|
|
0.8 |
|
|
(6.7 |
) |
|
7.7 |
|
TOTAL COMPREHENSIVE INCOME (LOSS) |
$ |
(76.6 |
) |
|
$ |
61.7 |
|
|
$ |
(66.2 |
) |
|
$ |
4.5 |
|
|
$ |
(76.6 |
) |
|
| Schedule of Supplemental Statements of Condensed Consolidating Cash Flows |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Condensed Consolidating Statement of Cash Flows |
For the Three Months Ended March 31, 2019 |
(In Millions) |
|
Cleveland-Cliffs Inc. |
|
Guarantor Subsidiaries |
|
Non-Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
Net cash used by operating activities |
$ |
(71.6 |
) |
|
$ |
(38.4 |
) |
|
$ |
(1.2 |
) |
|
$ |
— |
|
|
$ |
(111.2 |
) |
INVESTING ACTIVITIES |
|
|
|
|
|
|
|
|
|
Purchase of property, plant and equipment |
(0.3 |
) |
|
(132.4 |
) |
|
— |
|
|
— |
|
|
(132.7 |
) |
Deposits for property, plant and equipment |
— |
|
|
(1.3 |
) |
|
(0.1 |
) |
|
— |
|
|
(1.4 |
) |
Intercompany investing |
(157.6 |
) |
|
(0.4 |
) |
|
— |
|
|
158.0 |
|
|
— |
|
Other investing activities |
— |
|
|
8.4 |
|
|
0.1 |
|
|
— |
|
|
8.5 |
|
Net cash used by investing activities |
(157.9 |
) |
|
(125.7 |
) |
|
— |
|
|
158.0 |
|
|
(125.6 |
) |
FINANCING ACTIVITIES |
|
|
|
|
|
|
|
|
|
Repurchase of common shares |
(124.3 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(124.3 |
) |
Dividends paid |
(14.8 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(14.8 |
) |
Repurchase of debt |
(10.3 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(10.3 |
) |
Intercompany financing |
— |
|
|
157.5 |
|
|
0.5 |
|
|
(158.0 |
) |
|
— |
|
Other financing activities |
(14.1 |
) |
|
6.6 |
|
|
(0.9 |
) |
|
— |
|
|
(8.4 |
) |
Net cash provided (used) by financing activities |
(163.5 |
) |
|
164.1 |
|
|
(0.4 |
) |
|
(158.0 |
) |
|
(157.8 |
) |
DECREASE IN CASH AND CASH EQUIVALENTS, INCLUDING CASH CLASSIFIED WITHIN OTHER CURRENT ASSETS RELATED TO DISCONTINUED OPERATIONS |
(393.0 |
) |
|
— |
|
|
(1.6 |
) |
|
— |
|
|
(394.6 |
) |
LESS: DECREASE IN CASH AND CASH EQUIVALENTS FROM DISCONTINUED OPERATIONS, CLASSIFIED WITHIN OTHER CURRENT ASSETS |
— |
|
|
— |
|
|
(1.6 |
) |
|
— |
|
|
(1.6 |
) |
NET DECREASE IN CASH AND CASH EQUIVALENTS |
(393.0 |
) |
|
— |
|
|
— |
|
|
— |
|
|
(393.0 |
) |
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
819.8 |
|
|
0.7 |
|
|
2.7 |
|
|
— |
|
|
823.2 |
|
CASH AND CASH EQUIVALENTS AT END OF PERIOD |
$ |
426.8 |
|
|
$ |
0.7 |
|
|
$ |
2.7 |
|
|
$ |
— |
|
|
$ |
430.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Condensed Consolidating Statement of Cash Flows |
For the Three Months Ended March 31, 2018 |
(In Millions) |
|
Cleveland-Cliffs Inc. |
|
Guarantor Subsidiaries |
|
Non-Guarantor Subsidiaries |
|
Eliminations |
|
Consolidated |
Net cash used by operating activities |
$ |
(54.7 |
) |
|
$ |
(64.7 |
) |
|
$ |
(23.5 |
) |
|
$ |
— |
|
|
$ |
(142.9 |
) |
INVESTING ACTIVITIES |
|
|
|
|
|
|
|
|
|
Purchase of property, plant and equipment |
— |
|
|
(12.3 |
) |
|
(0.1 |
) |
|
— |
|
|
(12.4 |
) |
Deposits for property, plant and equipment |
— |
|
|
(54.4 |
) |
|
(4.6 |
) |
|
— |
|
|
(59.0 |
) |
Intercompany investing |
(137.7 |
) |
|
(4.8 |
) |
|
— |
|
|
142.5 |
|
|
— |
|
Net cash used by investing activities |
(137.7 |
) |
|
(71.5 |
) |
|
(4.7 |
) |
|
142.5 |
|
|
(71.4 |
) |
FINANCING ACTIVITIES |
|
|
|
|
|
|
|
|
|
Intercompany financing |
— |
|
|
135.6 |
|
|
6.9 |
|
|
(142.5 |
) |
|
— |
|
Other financing activities |
(2.9 |
) |
|
(0.5 |
) |
|
(3.6 |
) |
|
— |
|
|
(7.0 |
) |
Net cash provided (used) by financing activities |
(2.9 |
) |
|
135.1 |
|
|
3.3 |
|
|
(142.5 |
) |
|
(7.0 |
) |
EFFECT OF EXCHANGE RATE CHANGES ON CASH |
— |
|
|
— |
|
|
0.2 |
|
|
— |
|
|
0.2 |
|
DECREASE IN CASH AND CASH EQUIVALENTS, INCLUDING CASH CLASSIFIED WITHIN OTHER CURRENT ASSETS RELATED TO DISCONTINUED OPERATIONS |
(195.3 |
) |
|
(1.1 |
) |
|
(24.7 |
) |
|
— |
|
|
(221.1 |
) |
LESS: DECREASE IN CASH AND CASH EQUIVALENTS FROM DISCONTINUED OPERATIONS, CLASSIFIED WITHIN OTHER CURRENT ASSETS |
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
NET DECREASE IN CASH AND CASH EQUIVALENTS |
(195.3 |
) |
|
(1.1 |
) |
|
(24.7 |
) |
|
— |
|
|
(221.1 |
) |
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
948.9 |
|
|
2.1 |
|
|
27.3 |
|
|
— |
|
|
978.3 |
|
CASH AND CASH EQUIVALENTS AT END OF PERIOD |
$ |
753.6 |
|
|
$ |
1.0 |
|
|
$ |
2.6 |
|
|
$ |
— |
|
|
$ |
757.2 |
|
|