A reconciliation of capital additions to cash paid for capital expenditures for the years ended December 31, 2016, 2015 and 2014 is as follows:
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|
|
|
|
|
|
|
|
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|
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|
(In Millions) |
|
Year Ended December 31, |
|
2016 |
|
2015 |
|
2014 |
Capital additions1
|
$ |
68.5 |
|
|
$ |
96.7 |
|
|
$ |
235.5 |
|
Cash paid for capital expenditures |
69.1 |
|
|
80.8 |
|
|
284.1 |
|
Difference |
$ |
(0.6 |
) |
|
$ |
15.9 |
|
|
$ |
(48.6 |
) |
Non-cash accruals |
$ |
(0.6 |
) |
|
$ |
14.4 |
|
|
$ |
(58.5 |
) |
Capital leases |
— |
|
|
1.5 |
|
|
9.9 |
|
Total |
$ |
(0.6 |
) |
|
$ |
15.9 |
|
|
$ |
(48.6 |
) |
|
|
|
|
|
|
1 Includes capital additions of $68.5 million related to continuing operations for the year ended December 31, 2016. Includes capital additions of $72.2 million and $24.5 million related to continuing operations and discontinued operations, respectively, for the year ended December 31, 2015. Includes capital additions of $65.5 million and $170.0 million related to continuing operations and discontinued operations, respectively, for the year ended December 31, 2014.
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Cash payments for interest and income taxes in 2016, 2015 and 2014 are as follows:
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|
|
|
|
|
(In Millions) |
2016 |
|
2015 |
|
2014 |
Taxes paid on income |
$ |
6.0 |
|
|
$ |
5.0 |
|
|
$ |
47.3 |
|
Income tax refunds1
|
5.4 |
|
|
211.4 |
|
|
54.7 |
|
Interest paid on debt obligations2
|
184.0 |
|
|
185.6 |
|
|
176.5 |
|
|
|
|
|
|
|
1 Includes income tax refunds that relate to the deconsolidated Canadian Entities for the year ended December 31, 2014 of $47.8 million.
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2 Includes interest paid on the corporate guarantees of the equipment loans that relate to discontinued operations for the years ended December 31, 2016, 2015 and 2014 of $1.4 million, $4.8 million and $6.1 million, respectively.
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