Quarterly report pursuant to Section 13 or 15(d)

CASH FLOW INFORMATION

v2.4.0.8
CASH FLOW INFORMATION
6 Months Ended
Jun. 30, 2014
Supplemental Cash Flow Information [Abstract]  
Cash Flow Information
NOTE 19 - CASH FLOW INFORMATION
A reconciliation of capital additions to cash paid for capital expenditures for the six months ended June 30, 2014 and 2013 is as follows:
 
(In Millions)
 
Six Months Ended
June 30,
 
2014
 
2013
Capital additions
$
131.2

 
$
413.8

Cash paid for capital expenditures
164.3

 
501.2

Difference
$
(33.1
)
 
$
(87.4
)
Non-cash accruals
$
(43.0
)
 
$
(87.4
)
Capital leases
9.9

 

Total
$
(33.1
)
 
$
(87.4
)

Non-Cash Financing Activities - Declared Dividends
On May 13, 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 share of Series A preferred stock. The cash dividend of $12.8 million will be payable on August 1, 2014 to our preferred shareholders of record as of the close of business on July 15, 2014.