Annual report pursuant to Section 13 and 15(d)

Cash Flow Information

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Cash Flow Information
 12 Months Ended
Dec. 31, 2011
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 years ended December 31, 2011, 2010 and 2009 is as follows:

 

     (In Millions)  
     2011      2010      2009  

Capital additions

    $ 960.9       $ 275.8       $ 168.2   

Cash paid for capital expenditures (1)

      862.1         209.6         116.3   
  

 

 

     

 

 

     

 

 

  

Difference

    $ 98.8       $ 66.2       $ 51.9   
  

 

 

     

 

 

     

 

 

  

Non-cash accruals

    $ 60.1       $ 8.9       $ 3.0   

Capital leases

      38.7         57.3         48.9   
  

 

 

     

 

 

     

 

 

  

Total

    $ 98.8       $ 66.2       $ 51.9   
  

 

 

     

 

 

     

 

 

  

(1) Cash paid for capital expenditures for 2011 and 2010 has been shown net of cash proceeds of $18.6 and $57.3 million, respectively, from the Pinnacle longwall sale- leaseback that was completed in October 2011 and December 2010. The adjustment was necessary in 2011 and 2010 due to the timing of the cash payments i related to the longwall.

Cash payments for interest and income taxes in 2011, 2010 and 2009 are as follows:

 

     (In Millions)  
   2011      2010      2009  

Taxes paid on income

    $ 275.3       $ 208.3       $ 64.8   

Interest paid on debt obligations

      175.1         34.2         25.3   

Non-cash investing activities as of December 31, 2010 include the issuance of 4.2 million of our common shares valued at $173.1 million as part of the purchase consideration for the acquisition of the remaining interest in Freewest. Non-cash items as of December 31, 2010 also include gains of $38.6 million primarily related to the remeasurement of our previous ownership interest in Freewest and Wabush held prior to each business acquisition. Refer to NOTE 4 — ACQUISITIONS AND OTHER INVESTMENTS for further information.