Cash flow Statement (Annual, GAAP
in millions $) |
(Dec 31 2022) 12 Months |
(Dec 31 2021) 12 Months |
(Dec 31 2020) 12 Months |
(Dec 31 2019) 12 Months |
(Dec 31 2018) 12 Months |
Income |
63.70 |
21.65 |
107.46 |
18.08 |
5.25 |
Depreciation & amortization |
80.63 |
77.85 |
68.74 |
55.03 |
66.55 |
Amortization of Other Assets |
2.79 |
1.86 |
1.04 |
1.03 |
1.51 |
Asset Retirement Obligation, Accretion Expense
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Doubtful Accounts |
0.23 |
0.25 |
1.21 |
0.36 |
0.61 |
Increase (Decrease) in Inventories |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets, Total |
- |
- |
- |
- |
- |
Share-based Compensation |
2.29 |
1.31 |
0.17 |
1.25 |
3.78 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Financial Instruments and Foreign Currency Transaction |
- |
- |
- |
- |
- |
Gain Loss On Settlement Of Capital Lease Obligation |
- |
- |
- |
- |
- |
Increase Decrease In Environmental Recoveries |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Assets |
- |
- |
- |
- |
- |
Settlement Of Capital Lease Obligation |
- |
- |
- |
- |
- |
Gain Loss On Dispositions And Lease Terminations Net |
-1.14 |
-2.04 |
-88.91 |
1.65 |
6.30 |
Income taxes |
-1.75 |
-3.76 |
-4.44 |
3.57 |
-4.26 |
Gain (Loss) on Sale of Properties |
- |
- |
- |
- |
- |
Accounts Receivable |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Payable |
- |
- |
- |
- |
- |
Payment for Management Fee |
- |
- |
- |
- |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Income Taxes |
- |
- |
- |
- |
- |
Other Working Capital |
14.58 |
-1.67 |
19.21 |
-8.63 |
10.02 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
0.00 |
0.00 |
0.00 |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
161.32 |
95.47 |
104.48 |
72.33 |
89.75 |
Capital Expenditures |
-30.35 |
-41.86 |
-37.06 |
-24.61 |
-13.72 |
Sale of Capital Items |
13.34 |
15.36 |
21.73 |
4.86 |
6.64 |
Short-term Investments Proceeds |
- |
- |
- |
- |
- |
Payments to Acquire Limited Partnership Interests |
- |
- |
- |
- |
- |
Real Estate Investments |
- |
- |
- |
- |
- |
Receipt Of Portion Of Acquisition Purchase Price From Settlement Of Escrow |
- |
- |
- |
- |
- |
Proceeds From Sale Of Lubricants Business |
- |
- |
- |
- |
- |
Proceeds From Sale Of Wholesale Fuel Supply Contracts And Assignment Of Leases |
- |
- |
- |
- |
- |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-29.59 |
-272.98 |
-28.24 |
- |
-0.49 |
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Proceeds from Collection of Notes Receivable |
0.20 |
0.79 |
0.97 |
1.10 |
0.78 |
Payments for (Proceeds from) Other Investing Activities |
- |
- |
- |
- |
- |
Other Net |
- |
- |
23.05 |
3.15 |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-46.40 |
-298.69 |
-19.55 |
-15.51 |
-6.78 |
Short-term debt Net |
-24.44 |
117.40 |
-5.82 |
21.00 |
-8.00 |
Other borrowing transactions |
-0.47 |
-7.20 |
- |
-3.97 |
-0.90 |
Long-term debt - borrowings |
1.12 |
- |
- |
- |
- |
Long-term debt - repayments |
-24.60 |
- |
- |
- |
-3.89 |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
- |
- |
- |
- |
- |
Proceeds from Contributions from Parent |
- |
- |
- |
- |
6.31 |
Issuances/ -repurchases
of Pref. Stock |
24.43 |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
0.00 |
- |
-2.46 |
-2.30 |
- |
Proceeds From Borrowings Under Revolving Credit Facility |
- |
- |
- |
- |
- |
Lease Termination Payment Made To Related Party |
- |
- |
- |
- |
- |
Loans And Leases Receivable Related Parties Additions |
- |
- |
- |
- |
- |
Distribution Paid To Incentive Distribution Rights Holders |
- |
- |
-0.13 |
-0.53 |
- |
Proceeds From Term Loan Facility |
- |
182.46 |
- |
- |
- |
Finance Lease Principal Payments |
-2.72 |
-2.60 |
- |
- |
- |
Income Tax Distributions Paid On Preferred Membership Interests |
- |
- |
- |
- |
- |
Payments of Ordinary Dividends, Noncontrolling Interest |
- |
- |
- |
- |
-0.02 |
Dividends paid |
-79.83 |
-79.69 |
-77.79 |
-72.43 |
-77.18 |
Net Cash flow from
Financing Activities |
-106.51 |
210.36 |
-86.20 |
-58.23 |
-83.68 |
Effect of exchange rate on cash flow |
- |
- |
- |
-1.41 |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
144.31 |
68.97 |
89.16 |
52.57 |
82.68 |
Total Cash Flow |
8.41 |
7.14 |
-1.27 |
-1.41 |
-0.71 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
3.90 |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |