Quarterly report pursuant to Section 13 or 15(d)

CASH FLOW INFORMATION

v2.4.1.9
CASH FLOW INFORMATION
3 Months Ended
Mar. 31, 2015
Supplemental Cash Flow Information [Abstract]  
Cash Flow Information
NOTE 17 - CASH FLOW INFORMATION
A reconciliation of capital additions to cash paid for capital expenditures for the three months ended March 31, 2015 and 2014 is as follows:
 
(In Millions)
 
Three Months Ended
March 31,
 
2015
 
2014
Capital additions
$
26.1

 
$
79.2

Cash paid for capital expenditures
15.9

 
103.3

Difference
$
10.2

 
$
(24.1
)
Non-cash accruals
$
10.2

 
$
(34.0
)
Capital leases

 
9.9

Total
$
10.2

 
$
(24.1
)

Non-Cash Financing Activities - Declared Dividends
On March 27, 2015, 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 was paid on May 1, 2015 to our preferred shareholders of record as of the close of business on April 15, 2015.