| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | |||||||||||
Net loss | |||||||||||
46,600 | -67,100 | 9,400 | -375,800 | 65,500 | 147,800 | 167,600 | 92,600 | -17,700 | -77,300 | -671,600 | 8,100 |
Adjustments to reconcile net loss to cash used for operating activities: | |||||||||||
Asset impairment expense | |||||||||||
0 | 82,600 | 100 | 96,900 | 15,300 | 0 | 0 | 0 | - | - | 666,700 | - |
Loss from discontinued operations, net of income taxes | |||||||||||
- | -200 | -600 | -7,200 | 135,400 | 161,400 | -18,800 | -16,300 | -15,800 | -8,100 | -34,100 | -144,800 |
Depreciation | |||||||||||
35,000 | 36,100 | 38,100 | 45,600 | 50,600 | 47,200 | 68,500 | 68,100 | 80,200 | 86,500 | 87,900 | 79,600 |
Amortization of intangible assets | |||||||||||
300 | 300 | 800 | 3,000 | 3,000 | 3,300 | 35,300 | 36,500 | 37,400 | 37,400 | 38,400 | 11,400 |
Loss on purchase price hedges | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -379,400 |
Restructuring expense | |||||||||||
- | - | - | - | - | - | - | - | - | - | 39,600 | 21,700 |
Amortization of deferred financing fees | |||||||||||
1,500 | 1,800 | 1,900 | 2,200 | 4,200 | 4,400 | 7,000 | 8,200 | 10,400 | 22,000 | 28,800 | 2,500 |
Deferred income tax (benefit) - net | |||||||||||
1,500 | -11,100 | -44,100 | 101,400 | 4,400 | -11,500 | 13,400 | 8,500 | -24,500 | -25,400 | 91,500 | -1,500 |
Noncash loss on early extinguishment of debt | |||||||||||
-25,000 | 0 | 0 | -15,400 | -200 | -6,300 | -3,000 | -6,300 | -29,700 | -44,000 | -9,200 | -4,100 |
Gain on sale of segment | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 53,100 |
(Gain) loss on sale of property, plant and equipment | |||||||||||
3,500 | -900 | -100 | -1,100 | 300 | 6,800 | -3,700 | -3,000 | 2,100 | 3,300 | -4,600 | 3,600 |
Gain on acquisitions and divestitures | |||||||||||
- | - | - | - | - | - | 0 | - | - | - | - | - |
Loss on sale of discontinued operations | |||||||||||
- | - | - | - | - | -11,000 | -2,700 | 0 | -34,600 | 0 | -24,200 | - |
Other | |||||||||||
-10,100 | -7,400 | -8,500 | 700 | -7,500 | 200 | -14,900 | -16,400 | -13,700 | -8,400 | -8,500 | 6,500 |
Changes in operating assets and liabilities | |||||||||||
Accounts receivable | |||||||||||
124,200 | 553,400 | 435,500 | 435,500 | 10,700 | -11,700 | -74,300 | 35,900 | 98,300 | -17,900 | -296,600 | 27,000 |
Inventories | |||||||||||
18,300 | 72,700 | -51,100 | -52,700 | 7,200 | -32,600 | 22,200 | 42,800 | 111,900 | -800 | -349,600 | 182,700 |
Notes receivable | |||||||||||
-2,900 | -18,600 | -18,800 | -32,200 | -9,900 | 21,800 | - | - | - | - | - | - |
Other assets | |||||||||||
-23,900 | -2,700 | -4,000 | 6,900 | 18,900 | 27,100 | 22,600 | 2,600 | 3,500 | -29,800 | 5,000 | 46,100 |
Accounts payable | |||||||||||
-59,700 | 56,500 | 27,100 | -105,800 | -12,400 | -29,800 | -1,600 | 29,300 | 103,600 | 46,200 | -310,800 | 36,300 |
Accrued expenses and other liabilities | |||||||||||
5,600 | -15,600 | -5,200 | -9,300 | 7,600 | -145,400 | -1,900 | -11,600 | -73,100 | -43,400 | -171,900 | -96,200 |
Net cash used for operating activities of continuing operations | |||||||||||
-53,300 | -512,800 | -324,300 | -576,300 | -25,500 | -116,700 | 334,100 | 175,300 | 43,300 | 202,500 | 337,400 | 284,200 |
Net cash used for operating activities of discontinued operations | |||||||||||
- | -200 | -600 | -49,900 | 126,300 | 197,700 | -11,000 | -12,900 | -26,200 | 6,800 | 2,100 | 21,900 |
Net cash used for operating activities | |||||||||||
-53,300 | -513,000 | -324,900 | -626,200 | 100,800 | 81,000 | 323,100 | 162,400 | 17,100 | 209,300 | 339,500 | 306,100 |
Cash Flows from Investing Activities: | |||||||||||
Capital expenditures | |||||||||||
35,100 | 31,700 | 28,900 | 45,900 | 54,900 | 59,500 | 110,700 | 72,900 | 64,600 | 35,900 | 69,200 | 149,900 |
Proceeds from sale of fixed assets | |||||||||||
17,200 | 13,000 | 7,000 | 8,400 | 7,300 | 12,800 | 4,100 | 800 | 17,300 | 23,200 | 19,600 | 10,000 |
Cash receipts on sold accounts receivable | |||||||||||
126,300 | 553,100 | 402,800 | 453,900 | - | - | - | - | - | - | - | - |
Other | |||||||||||
- | - | -400 | -200 | -2,600 | -5,700 | 2,000 | 3,300 | -2,200 | 3,000 | 1,400 | -11,600 |
Business acquisitions, net of cash acquired | |||||||||||
- | - | - | - | - | - | 12,200 | 0 | 0 | 4,800 | - | 2,030,600 |
Settlement of hedges related to acquisition | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 379,400 |
Proceeds from sale of business | |||||||||||
- | - | - | - | - | - | 39,200 | 0 | 143,600 | 0 | 149,200 | 118,500 |
Purchase of marketable securities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 100 |
Net cash provided by investing activities of continuing operations | |||||||||||
- | - | - | 416,600 | -45,000 | -41,000 | -81,600 | -75,400 | 98,500 | -20,500 | 98,200 | -2,419,900 |
Net cash used for investing activities of discontinued operations | |||||||||||
- | - | - | -2,400 | 59,100 | -25,300 | -600 | -100 | -100 | -4,400 | -3,300 | -5,300 |
Net cash provided by (used for) investing activities | |||||||||||
108,400 | 534,400 | 381,300 | 414,200 | 14,100 | -66,300 | -82,200 | -75,500 | 98,400 | -24,900 | 94,900 | -2,425,200 |
Cash Flows from Financing Activities: | |||||||||||
Proceeds from revolving credit facility | |||||||||||
139,700 | - | - | - | - | - | -34,400 | 34,400 | -24,200 | 24,200 | -17,000 | -54,600 |
Payments on revolving credit facility | |||||||||||
139,700 | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from swap monetization | |||||||||||
- | - | - | - | - | - | - | -14,800 | -21,500 | - | - | - |
Derivative, Cash Received on Hedge | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | - | - |
Payments on long-term debt | |||||||||||
276,600 | 3,800 | 10,900 | 1,389,000 | 105,400 | 635,300 | 266,500 | 495,400 | 960,300 | 1,250,800 | 593,800 | 693,800 |
Proceeds from long-term debt | |||||||||||
300,000 | - | 200 | 272,100 | 5,100 | 637,200 | 43,000 | 383,300 | 839,000 | 1,063,000 | 136,300 | 2,769,300 |
Other debt - net | |||||||||||
-4,400 | - | -4,700 | - | - | - | - | - | - | - | - | - |
Proceeds from securitization | |||||||||||
- | - | - | - | - | - | - | - | - | 101,000 | - | - |
Payments on notes financing - net | |||||||||||
- | - | - | -8,400 | -9,400 | -300 | 6,600 | -10,400 | 14,800 | -4,100 | -5,400 | -3,800 |
Debt issuance costs | |||||||||||
8,300 | - | - | 8,900 | 0 | 5,200 | 1,100 | 5,700 | 14,700 | 27,000 | 18,100 | 90,800 |
Dividends paid | |||||||||||
- | - | - | - | 10,900 | 10,800 | 10,700 | 10,600 | 10,600 | 10,600 | 10,500 | 10,400 |
Exercises of stock options including windfall tax benefits | |||||||||||
400 | 2,500 | 5,700 | 9,400 | 7,900 | 25,900 | 6,700 | 6,400 | 2,600 | - | 2,000 | 8,500 |
Exercises of stock options | |||||||||||
- | - | - | - | - | - | - | - | - | 900 | - | - |
Common stock repurchases | |||||||||||
7,400 | - | - | - | - | - | - | - | - | - | - | - |
Dividend from spun-off subsidiary | |||||||||||
- | - | - | 1,361,700 | 0 | 0 | - | - | - | - | - | - |
Cash transferred to spun-off subsidiary | |||||||||||
- | - | - | 17,700 | 0 | 0 | - | - | - | - | - | - |
Net cash provided by (used for) financing activities of continuing operations | |||||||||||
- | - | - | 219,200 | -112,700 | 11,500 | -256,400 | -83,200 | -131,900 | - | - | 1,924,400 |
Net cash provided by financing activities of discontinued operations | |||||||||||
- | - | - | 200 | -200 | -7,500 | 0 | 0 | 6,000 | - | - | 2,500 |
Net cash provided by (used for) financing activities | |||||||||||
3,700 | -1,300 | -9,700 | 219,400 | -112,900 | 4,000 | -256,400 | -83,200 | -125,900 | -204,400 | -506,500 | 1,926,900 |
Effect of exchange rate changes on cash | |||||||||||
200 | -2,800 | 2,400 | 900 | -6,600 | -5,600 | -2,800 | 1,200 | -3,300 | 0 | 5,700 | -4,600 |
Net decrease in cash and cash equivalents | |||||||||||
59,000 | 17,300 | 49,100 | 8,300 | -4,600 | 13,100 | -18,300 | 4,900 | -13,700 | -20,000 | -66,400 | -196,800 |
Supplemental Cash Flow Information | |||||||||||
Interest paid | |||||||||||
36,000 | 36,800 | 37,000 | 49,600 | 98,800 | 120,400 | 134,600 | 137,700 | 154,100 | 159,300 | 168,100 | 23,700 |
Income taxes (refunded) paid | |||||||||||
10,500 | 2,600 | -7,600 | 8,900 | 7,700 | 73,800 | 55,600 | 18,800 | 24,200 | -40,400 | -45,600 | 142,700 |