Quarterly report pursuant to Section 13 or 15(d)

Cash Flow Information

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Cash Flow Information
 9 Months Ended
Sep. 30, 2011
Cash Flow Information [Abstract]  
Cash Flow Information

NOTE 18 – CASH FLOW INFORMATION

A reconciliation of capital additions to cash paid for capital expenditures for the nine months ended September 30, 2011 and 2010 is as follows:

 

     (In Millions)  
     Nine Months Ended September 30,  
     2011      2010  

Capital additions

      $ 553.3           $ 154.2     

Cash paid for capital expenditures

      478.9           150.1     
  

 

 

     

 

 

  

Difference

      $ 74.4           $ 4.1     
  

 

 

     

 

 

  

Non-cash accruals

      $ 74.4           $ 4.1     

Capital leases

      -             -       
  

 

 

     

 

 

  

Total

      $ 74.4           $ 4.1     
  

 

 

     

 

 

  

Non-cash investing activities for the nine months ended September 30, 2010 include the issuance of 4.2 million of our common shares valued at $173.1 million as part of the purchase consideration for the acquisition of the remaining interest in Freewest. Non-cash items for the nine months ended September 30, 2010 also include gains of $38.6 million related to the remeasurement of our previous ownership interest in Freewest and Wabush held prior to each business acquisition. Refer to NOTE 5 – ACQUISITIONS AND OTHER INVESTMENTS for further information.