Quarterly report pursuant to Section 13 or 15(d)

Statements Of Condensed Consolidated Cash Flows

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Statements Of Condensed Consolidated Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES    
NET INCOME (LOSS) $ 146.3 $ (696.5)
Adjustments to reconcile net income (loss) to net cash used by operating activities:    
Depreciation, depletion and amortization 62.1 63.5
Impairment of other long-lived assets 0.0 76.6
Deferred income taxes 0.0 162.6
Gain on extinguishment/restructuring of debt (182.4) (313.7)
(Gain) loss on deconsolidation, net of cash deconsolidated (4.1) 641.4
Other 5.2 54.3
Changes in operating assets and liabilities:    
Receivables and other assets 103.6 136.6
Inventories (52.2) (217.4)
Payables, accrued expenses and other liabilities (97.8) (155.6)
Net cash used by operating activities (19.3) (248.2)
INVESTING ACTIVITIES    
Purchase of property, plant and equipment (20.2) (34.4)
Other investing activities 5.9 0.4
Net cash used by investing activities (14.3) (34.0)
FINANCING ACTIVITIES    
Repayment of equipment loans (95.6) (1.9)
Distributions of partnership equity (28.1) (17.1)
Debt issuance costs (5.2) (33.6)
Proceeds from first lien notes offering 0.0 503.5
Repurchase of debt 0.0 (133.3)
Borrowings under credit facilities 105.0 309.8
Repayment under credit facilities (105.0) (309.8)
Preferred stock dividends 0.0 (25.6)
Other financing activities (13.6) (23.6)
Net cash provided (used) by financing activities (142.5) 268.4
EFFECT OF EXCHANGE RATE CHANGES ON CASH (0.9) (0.9)
DECREASE IN CASH AND CASH EQUIVALENTS (177.0) (14.7)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 285.2 290.9
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 108.2 $ 276.2