| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||
Net income | ||||||||||||
63,000 | 244,100 | 164,900 | 49,200 | -589,500 | -34,100 | 17,400 | -998,600 | -160,100 | -130,700 | -78,000 | 4,500 | 388,400 |
Adjustments to reconcile net income to cash flows from operating activities: | ||||||||||||
Depreciation | ||||||||||||
192,600 | 220,200 | 226,000 | 216,600 | 216,000 | 201,900 | 190,100 | 192,000 | 185,000 | 197,100 | 204,600 | 202,100 | 196,300 |
Amortization | ||||||||||||
32,700 | 32,000 | 24,100 | 18,400 | 21,200 | 20,400 | 19,100 | 17,000 | 15,500 | 16,800 | 12,100 | 11,800 | 14,800 |
Ashland Works closure | ||||||||||||
56,000 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Asset impairment charge | ||||||||||||
0 | 0 | 75,600 | 0 | 0 | - | - | - | - | - | - | - | - |
Impairment of Magnetation and AFSG investments | ||||||||||||
- | - | - | - | 297,900 | 0 | 0 | - | - | - | - | - | - |
Credit for adjustment of liability for transportation costs | ||||||||||||
0 | 0 | 19,300 | -32,900 | 0 | 0 | - | - | - | - | - | - | - |
Provision for doubtful accounts | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 7,200 | 500 | 2,700 |
Deferred income taxes | ||||||||||||
-1,000 | -8,000 | -9,000 | -4,100 | -12,800 | 8,200 | -7,300 | 771,200 | -92,700 | -37,700 | 47,300 | -27,800 | 127,200 |
Contributions to pension trust | ||||||||||||
43,500 | 49,900 | 44,100 | 0 | 24,100 | 196,500 | 181,100 | 170,200 | 170,000 | 110,000 | - | 225,000 | 250,000 |
Income taxes of noncontrolling interests | ||||||||||||
- | - | - | - | - | - | - | 17,600 | -2,800 | -1,100 | - | - | - |
Pension and OPEB (income) expense | ||||||||||||
17,800 | -11,600 | -64,400 | 24,300 | -63,000 | -92,500 | -68,600 | -35,300 | -36,000 | -14,900 | - | - | - |
Pension and OPEB net corridor charge | ||||||||||||
- | - | - | - | 131,200 | 2,000 | 0 | - | - | - | - | - | - |
Pension settlement charges | ||||||||||||
- | - | - | - | 0 | 0 | - | - | - | - | - | - | - |
Ashland coke plant shutdown charges | ||||||||||||
- | - | - | - | - | - | - | - | - | 63,700 | 0 | 0 | - |
Butler retiree benefit settlement costs | ||||||||||||
- | - | - | - | - | - | - | - | - | 9,100 | 0 | 0 | - |
Pension corridor charges | ||||||||||||
- | - | - | - | - | - | - | 157,300 | 268,100 | 0 | 0 | 660,100 | 0 |
Affiliate (earnings) losses and distributions,net | ||||||||||||
- | - | - | - | -19,700 | -9,800 | -11,300 | - | - | - | - | - | - |
(Gains) losses on retirement of debt | ||||||||||||
800 | 2,000 | -21,300 | -9,200 | 9,800 | - | - | - | - | - | - | - | - |
Mark-to-market (gains) losses on derivative contracts | ||||||||||||
44,000 | 8,900 | 45,700 | -1,200 | -13,300 | - | - | - | - | - | - | - | - |
Curtailment charges | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 39,400 | 39,800 |
Contributions to Middletown retirees VEBA | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 468,000 | 0 |
Other operating items, net | ||||||||||||
-7,600 | 2,400 | 20,100 | 3,000 | 19,500 | -6,000 | 1,900 | 1,900 | -9,000 | -44,800 | -82,500 | -10,800 | 900 |
Changes in assets and liabilities, net of effect of acquired business: | ||||||||||||
Accounts receivable | ||||||||||||
-60,200 | 125,000 | 34,400 | -100 | -228,100 | -33,800 | 50,100 | - | - | - | - | -203,000 | -21,000 |
Accounts receivable-Middletown Coke | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | - |
Inventory | ||||||||||||
-73,700 | 34,800 | 116,700 | -129,600 | -172,900 | 223,400 | -22,600 | - | - | - | - | -84,000 | -204,500 |
Accounts payable and other current liabilities | ||||||||||||
-172,800 | 119,600 | 46,200 | -143,200 | -139,700 | 25,200 | 46,700 | - | - | - | - | -254,600 | 41,100 |
Charge for facility idling | ||||||||||||
- | - | - | - | 28,100 | 0 | 0 | - | - | - | - | - | - |
Accounts payable and other current liabilities-Middletown Coke | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 2,200 | 0 |
Other assets | ||||||||||||
-75,000 | -52,900 | 6,500 | -40,900 | 7,600 | 8,200 | 4,700 | 4,200 | 13,100 | -26,700 | - | 27,300 | 1,300 |
Other assets - Middletown Coke | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Other pension payments | ||||||||||||
-900 | -1,000 | -1,100 | -33,000 | -12,700 | -18,200 | -10,000 | -6,700 | -3,200 | -5,300 | 49,900 | 1,100 | 2,100 |
OPEB payments | ||||||||||||
-26,800 | -35,600 | -39,600 | -34,400 | -48,300 | -63,900 | -63,400 | -64,100 | -75,500 | -84,500 | -108,500 | -87,100 | -69,300 |
Other liabilities | ||||||||||||
-7,700 | -29,700 | 1,400 | -6,100 | -1,100 | 9,800 | 500 | 400 | -17,400 | -2,500 | -32,100 | -12,800 | -8,800 |
Excess tax benefits from stock-based compensation | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 12,200 | 6,500 |
Total adjustments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 78,600 | 314,500 |
Net cash flows from operating activities | ||||||||||||
265,900 | 364,700 | 198,800 | 304,600 | 200,300 | -322,800 | -110,200 | -270,800 | -180,500 | -132,400 | 58,800 | 83,100 | 702,900 |
Cash flows from investing activities: | ||||||||||||
Capital investments | ||||||||||||
194,800 | 152,000 | 152,500 | 127,600 | 99,000 | 81,100 | 63,600 | 64,100 | 296,100 | 266,300 | 133,500 | 166,800 | 104,400 |
Investments in Magnetation LLC | ||||||||||||
- | - | - | - | - | 100,000 | 50,000 | 60,600 | 125,400 | 0 | 0 | - | - |
Investment in acquired business, net of cash acquired | ||||||||||||
0 | 0 | 360,400 | 0 | 0 | 690,300 | 0 | 0 | - | - | - | - | - |
Cash held for retirement of debt | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -12,600 |
Proceeds from sale of equity investee | ||||||||||||
- | - | - | - | 25,000 | 0 | 0 | - | - | - | - | - | - |
Proceeds from AFSG Holdings, Inc. distribution | ||||||||||||
- | - | - | - | 14,000 | 0 | 0 | - | - | - | - | - | - |
Capital investments - SunCoke Middletown | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 47,700 | 0 |
Proceeds from the sale of property, plant and equipment | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 8,400 | 300 |
Proceeds from draw on restricted funds for emission control expenditures | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 2,500 |
Proceeds from note receivable from equity investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 27,400 |
Purchase of investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 12,100 | 12,300 |
Other investing items, net | ||||||||||||
-6,600 | -100 | -4,200 | -2,300 | -12,500 | -13,600 | -15,100 | -6,100 | -1,300 | 0 | -100 | -400 | -900 |
Net cash flows from investing activities | ||||||||||||
-188,200 | -151,900 | -508,700 | -125,300 | -47,500 | -857,800 | -98,500 | -118,600 | -420,200 | -266,300 | -133,400 | -217,800 | -73,000 |
Cash flows from financing activities: | ||||||||||||
Net borrowings (repayments) under credit facility | ||||||||||||
115,000 | -115,000 | 450,000 | -550,000 | -55,000 | 515,000 | 90,000 | -250,000 | 250,000 | 0 | 0 | - | - |
Proceeds from issuance of long-term debt | ||||||||||||
0 | 0 | 680,000 | 380,000 | 0 | 427,100 | 31,900 | 873,300 | 0 | 549,100 | 0 | 0 | - |
Redemption of long-term debt | ||||||||||||
152,300 | 12,600 | 848,400 | 392,800 | 14,100 | 800 | 27,400 | 74,000 | 700 | 506,300 | 23,500 | 26,900 | 450,000 |
Proceeds from exercise of stock options | ||||||||||||
- | - | - | - | - | - | - | - | - | 1,300 | 500 | 3,400 | 9,200 |
Purchase of treasury stock | ||||||||||||
- | - | - | - | - | - | - | - | - | 7,900 | 11,400 | 24,000 | 2,400 |
Proceeds from issuance of common stock | ||||||||||||
- | - | - | 600,400 | 0 | 345,300 | 0 | 96,400 | 0 | 0 | - | - | - |
Debt issuance costs | ||||||||||||
0 | 0 | 25,300 | 20,400 | 0 | 15,500 | 3,400 | 22,300 | 10,100 | 11,300 | 0 | 0 | 2,600 |
Common stock dividends paid | ||||||||||||
- | - | - | - | - | - | - | 11,000 | 22,000 | 22,000 | 22,000 | 22,400 | 0 |
SunCoke Middletown distributions to noncontrolling interest owners | ||||||||||||
55,600 | 73,700 | 79,100 | 85,100 | 96,300 | 61,000 | 64,800 | 36,600 | 210,700 | - | - | - | - |
Advances from noncontrolling interest owner to SunCoke Middletown | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 29,000 | 45,500 | 0 |
Excess tax benefits from stock-based compensation | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 12,200 | 6,500 |
Other financing items, net | ||||||||||||
-2,400 | -900 | -2,500 | 5,200 | -1,000 | -4,600 | 700 | -1,400 | -2,000 | -800 | 1,000 | -4,000 | 3,600 |
Net cash flows from financing activities | ||||||||||||
-95,300 | -202,200 | 174,700 | -62,700 | -166,400 | 1,205,500 | 27,000 | 574,400 | 425,900 | 153,800 | -26,400 | -16,200 | -435,700 |
Net increase (decrease) in cash and cash equivalents | ||||||||||||
-17,600 | 10,600 | -135,200 | 116,600 | -13,600 | 24,900 | -181,700 | 185,000 | -174,800 | -244,900 | -101,000 | -150,900 | 194,200 |
Supplemental disclosure of cash flow information: | ||||||||||||
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member] | ||||||||||||
Depreciation | ||||||||||||
169,900 | 201,600 | 209,800 | 201,700 | - | - | - | - | - | - | - | - | - |
Capital investments | ||||||||||||
180,800 | 150,100 | 149,600 | - | - | - | - | - | - | - | - | - | - |
SunCoke Middletown [Member] | ||||||||||||
Depreciation | ||||||||||||
22,700 | 18,600 | 16,200 | 14,900 | - | - | - | - | - | - | - | - | - |
Capital investments | ||||||||||||
14,000 | 1,900 | 2,900 | - | - | - | - | - | - | - | - | - | - |
SunCoke Middletown distributions to noncontrolling interest owners | ||||||||||||
55,600 | 73,700 | 79,100 | 85,100 | - | - | - | - | - | - | - | - | - |