Annual report pursuant to Section 13 and 15(d)

Statements Of Condensed Consolidated Cash Flows

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Statements Of Condensed Consolidated Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES      
Net income (loss) $ 199.3 $ (748.4) $ (8,311.6)
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:      
Depreciation, depletion and amortization 115.4 134.0 504.0
Impairment of goodwill and other long-lived assets 0.0 76.6 9,029.9
Deferred income taxes 0.0 159.8 (1,153.9)
Changes in deferred revenue and below-market sales contracts (20.5) (42.6) (18.0)
Gain on extinguishment/restructuring of debt (166.3) (392.9) (16.2)
Loss on deconsolidation, net of cash deconsolidated 17.5 668.3 0.0
Loss (gain) on sale of North American Coal mines (2.1) (9.3) 419.6
Other 32.6 113.0 (11.6)
Changes in operating assets and liabilities:      
Receivables and other assets 43.2 369.1 (82.8)
Product inventories 157.8 (62.0) 37.8
Payables and accrued expenses (73.9) (227.7) (38.3)
Net cash provided by operating activities 303.0 37.9 358.9
INVESTING ACTIVITIES      
Purchase of property, plant and equipment (69.1) (80.8) (284.1)
Investments in DIP and pre-petition financing (1.5) (14.0) 0.0
Proceeds from DIP and prepetition financing 8.3 0.0 0.0
Proceeds (uses) from sale of North American Coal mines 3.6 (15.2) 155.0
Other investing activities 0.8 6.8 25.5
Net cash used in investing activities (57.9) (103.2) (103.6)
FINANCING ACTIVITIES      
Net proceeds from issuance of common shares 287.4 0.0 0.0
Proceeds from first lien notes offering 0.0 503.5 0.0
Debt issuance costs (5.2) (33.6) (9.0)
Borrowings under credit facilities 105.0 309.8 1,219.5
Repayment under credit facilities (105.0) (309.8) (1,219.5)
Repayments of equipment loans (95.6) (45.4) (20.9)
Repurchase of debt (305.4) (225.9) (28.8)
Contributions (to)/by joint ventures, net (3.2) 0.1 (25.7)
Distributions of partnership equity (59.9) (40.6) 0.0
Common stock dividends 0.0 0.0 (92.5)
Preferred stock dividends 0.0 (51.2) (51.2)
Other financing activities (24.5) (45.9) (60.2)
Net cash provided (used) by financing activities (206.4) 61.0 (288.3)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (0.5) (1.4) (11.6)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 38.2 (5.7) (44.6)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 285.2 290.9 335.5
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 323.4 $ 285.2 $ 290.9