| |
|
Years Ended December 31, |
|
$ change |
| (In millions) |
|
2003 |
2002 |
2001 |
|
2003 |
2002 |
| Cash flows from operating activities |
|
|
|
|
|
|
|
| Continuing operations: |
|
|
|
|
|
|
|
| Before changes in operating assets and liabilities |
$ |
264.8 |
276.6 |
266.8 |
$ |
(11.8) |
9.8 |
| Changes in assets and liabilities, including working
capital |
|
16.8 |
21.1 |
34.2 |
|
(4.3) |
(13.1) |
| Discontinued operations: |
|
|
|
|
|
|
|
| Natural gas, timber and gold |
|
19.2 |
10.2 |
12.2 |
|
9.0 |
(2.0) |
| Coal |
|
- |
(66.6) |
6.9 |
|
66.6 |
(73.5) |
| Operating activities |
|
300.8 |
241.3 |
320.1 |
|
59.5 |
(78.8) |
| Cash flows from investing activities |
|
|
|
|
|
|
|
| Continuing operations: |
|
|
|
|
|
|
|
| Proceeds from: |
|
|
|
|
|
|
|
| Disposal of former natural resource interests |
|
119.4 |
42.3 |
- |
|
77.1 |
42.3 |
| Notes receivable and settlement of royalty agreement |
|
26.0 |
- |
- |
|
26.0 |
- |
| Subtotal of natural resource cash proceeds |
|
145.4 |
42.3 |
- |
|
103.1 |
42.3 |
| Capital and aircraft heavy maintenance expenditures |
|
(226.6) |
(224.4) |
(201.3) |
|
(2.2) |
(23.1) |
| Contributions to VEBA |
|
(82.0) |
- |
- |
|
(82.0) |
- |
| Other |
|
9.8 |
4.3 |
(5.5) |
|
5.5 |
9.8 |
| Discontinued operations: |
|
|
|
|
|
|
|
| Natural gas, timber and gold |
|
(8.8) |
(10.9) |
(7.2) |
|
2.1 |
(3.7) |
| Coal |
|
- |
(19.7) |
(11.1) |
|
19.7 |
(8.6) |
| Investing activities |
|
(162.2) |
(208.4) |
(225.1) |
|
46.2 |
16.7 |
| Cash flows before financing activities |
$ |
138.6 |
32.9 |
95.0 |
$ |
105.7 |
(62.1) |
