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1012620_17_item7_p53_s0
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1012620_16_item7_p9_s3
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For additional information regarding the deferred consideration, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding the acquisition of Freightliner, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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Exhibits, Financial Statement Schedules" of this Annual Report.
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Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding ERS.
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1012620_17_item7_p198_s5
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1012620_16_item7_p9_s4
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1012620_18_item7_p119_s11
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1012620_17_item7_p100_s3
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Freight revenues from all remaining commodities combined increased by $0.2 million .
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Freight revenues from all remaining commodities combined decreased by $0.2 million .
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1012620_18_item7_p82_s1
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1012620_17_item7_p101_s4
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The increase consisted of $38.5 million from new operations, partially offset by a decrease of $29.1 million , or 16.9% , from existing operations.
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The increase consisted of $29.5 million from new operations, primarily from container sales and container repairs at Pentalver, partially offset by a decrease of $0.6 million , or 2.9% , from existing operations.
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1012620_18_item7_p55_s4
|
1012620_17_item7_p103_s5
|
The following table sets forth operating expenses from our U.K./European Operations for the years ended December 31, 2016 and 2015 (dollars in thousands):
|
The following table sets forth operating expenses from our North American Operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
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1012620_18_item7_p68_s5
|
1012620_17_item7_p103_s5
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The following table sets forth operating expenses from our U.K./European Operations for the years ended December 31, 2016 and 2015 (dollars in thousands):
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1012620_18_item7_p109_s0
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1012620_17_item7_p105_s0
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The following information discusses the significant changes in operating expenses from our U.K./European Operations, excluding a decrease of $43.4 million due to the net impact from foreign currency depreciation.
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The following information discusses the significant changes in operating expenses from our North American Operations excluding a decrease of $3.4 million due to the net impact from foreign currency depreciation.
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1012620_18_item7_p93_s1
|
1012620_17_item7_p106_s1
|
The operating loss for the year ended December 31, 2016 included impairment and related charges of $36.2 million , which included $21.5 million related to ERS and $14.7 million of restructuring and related charges associated with our U.K. coal business.
|
Operating income for the year ended December 31, 2016 included impairment and related charges of $21.5 million related to ERS, $21.1 million of charges associated with Arrium entering into voluntary administration and $14.7 million of restructuring and related charges associated with our U.K. coal business.
| 2 |
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1012620_18_item7_p58_s1
|
1012620_17_item7_p107_s0
|
The following table sets forth our operating revenues and carloads by new operations and existing operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth our Australian Operations operating revenues and carloads by new operations and existing operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p73_s0
|
1012620_17_item7_p107_s0
|
The following table sets forth our operating revenues and carloads by new operations and existing operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth our U.K./European Operations operating revenues and carloads by new operations and existing operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p94_s1
|
1012620_17_item7_p111_s7
|
The increase in interest expense was primarily due to a higher debt balance resulting from the acquisition of Freightliner.
|
The increase in interest expense was primarily due to a higher debt balance resulting from the acquisition of Freightliner in March 2015, as well as the write-off of deferred financing costs related to the GRail Transactions in 2016.
| 2 |
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1012620_18_item7_p160_s6
|
1012620_17_item7_p112_s4
|
For additional information regarding the United States Short Line Tax Credit, see Note 13 , Income Taxes , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding the transition tax, see Note 13 , Income Taxes , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p192_s4
|
1012620_17_item7_p112_s4
|
For additional information regarding the United States Short Line Tax Credit, see Note 13 , Income Taxes , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding our income taxes, see Note 13 , Income Taxes , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p40_s8
|
1012620_17_item7_p112_s4
|
For additional information regarding the United States Short Line Tax Credit, see Note 13 , Income Taxes , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding our benefit from/provision for income taxes, see Note 13 , Income Taxes , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p58_s1
|
1012620_17_item7_p118_s0
|
North American Operations Operating Revenues and Carloads The following table sets forth our North American Operations operating revenues and carloads by new operations and existing operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth our Australian Operations operating revenues and carloads by new operations and existing operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p73_s0
|
1012620_17_item7_p118_s0
|
North American Operations Operating Revenues and Carloads The following table sets forth our North American Operations operating revenues and carloads by new operations and existing operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth our U.K./European Operations operating revenues and carloads by new operations and existing operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p113_s0
|
1012620_17_item7_p119_s0
|
The following table sets forth the changes in our North American Operations freight revenues by commodity group segregated into new operations and existing operations for the year ended December 31, 2015 , compared with the year ended December 31, 2014 (dollars in thousands):
|
The following table sets forth the changes in our Australian Operations freight revenues by commodity group segregated into new operations and existing operations for the year ended December 31, 2016 , compared with the year ended December 31, 2015 (dollars in thousands):
| 2 |
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1012620_18_item7_p60_s0
|
1012620_17_item7_p119_s0
|
The following table sets forth the changes in our North American Operations freight revenues by commodity group segregated into new operations and existing operations for the year ended December 31, 2015 , compared with the year ended December 31, 2014 (dollars in thousands):
|
The following table sets forth the changes in our Australian Operations freight revenues by commodity group segregated into new operations and existing operations for the year ended December 31, 2017 , compared with the year ended December 31, 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p74_s0
|
1012620_17_item7_p119_s0
|
The following table sets forth the changes in our North American Operations freight revenues by commodity group segregated into new operations and existing operations for the year ended December 31, 2015 , compared with the year ended December 31, 2014 (dollars in thousands):
|
The following table sets forth the changes in our U.K./European Operations freight revenues by commodity group for the year ended December 31, 2017 , compared with the year ended December 31, 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p115_s0
|
1012620_17_item7_p121_s0
|
The following table sets forth our North American Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our Australian Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2016 and 2015 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p132_s0
|
1012620_17_item7_p121_s0
|
The following table sets forth our North American Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our U.K./European Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2016 and 2015 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1,
1,
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1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
-1
] |
1012620_18_item7_p62_s0
|
1012620_17_item7_p121_s0
|
The following table sets forth our North American Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our Australian Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2017 and 2016 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p76_s0
|
1012620_17_item7_p121_s0
|
The following table sets forth our North American Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our U.K./European Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2017 and 2016 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p18_s3
|
1012620_17_item7_p122_s3
|
All remaining traffic decreased by a net 4,027 carloads.
|
All remaining traffic decreased by a net 838 carloads.
| 2 |
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1012620_18_item7_p64_s3
|
1012620_17_item7_p122_s3
|
All remaining traffic decreased by a net 4,027 carloads.
|
All remaining traffic decreased by a net 838 carloads.
| 2 |
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1012620_18_item7_p118_s4
|
1012620_17_item7_p123_s5
|
The following information discusses the significant changes in our North American Operations freight revenues from existing operations by commodity group excluding the impact of foreign currency.
|
The following information discusses the significant changes in our Australian Operations freight revenues from existing operations by commodity group excluding the impact of foreign currency.
| 2 |
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1012620_18_item7_p65_s4
|
1012620_17_item7_p123_s5
|
The following information discusses the significant changes in our North American Operations freight revenues from existing operations by commodity group excluding the impact of foreign currency.
|
The following information discusses the significant changes in our Australian Operations freight revenues from existing operations by commodity group excluding the impact of foreign currency.
| 2 |
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1012620_18_item7_p52_s3
|
1012620_17_item7_p125_s10
|
Freight revenues from all remaining commodities combined decreased by a net $3.2 million .
|
Freight revenues from all remaining commodities combined increased by a net $1.3 million .
| 2 |
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1,
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1012620_18_item7_p68_s5
|
1012620_17_item7_p128_s3
|
The following table sets forth operating expenses from our North American Operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth operating expenses from our Australian Operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p125_s0
|
1012620_17_item7_p130_s0
|
The following information discusses the significant changes in operating expenses of our North American Operations excluding a decrease of $13.5 million due to the impact from foreign currency depreciation.
|
The following information discusses the significant changes in operating expenses of our Australian Operations excluding a $1.9 million decrease due to the net impact from foreign currency depreciation.
| 2 |
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1012620_18_item7_p86_s0
|
1012620_17_item7_p130_s0
|
The following information discusses the significant changes in operating expenses of our North American Operations excluding a decrease of $13.5 million due to the impact from foreign currency depreciation.
|
The following information discusses the significant changes in operating expenses from our U.K./European Operations, excluding a decrease of $9.4 million due to the net impact from foreign currency depreciation.
| 2 |
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1012620_18_item7_p57_s14
|
1012620_17_item7_p130_s5
|
The decrease consisted of $6.3 million from existing operations, partially offset by $2.7 million from new operations.
|
The increase consisted of $15.7 million from existing operations, partially offset by $2.0 million from new operations.
| 2 |
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1012620_18_item7_p73_s0
|
1012620_17_item7_p132_s0
|
The following table sets forth our Australian Operations operating revenues and carloads segregated into new operations and existing operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth our U.K./European Operations operating revenues and carloads by new operations and existing operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p45_s0
|
1012620_17_item7_p133_s0
|
The following table sets forth the changes in our Australian Operations freight revenues by commodity group for the year ended December 31, 2015 , compared with the year ended December 31, 2014 (dollars in thousands):
|
The following table sets forth the changes in our North American Operations freight revenues by commodity group segregated into new operations and existing operations for the year ended December 31, 2017 , compared with the year ended December 31, 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p74_s0
|
1012620_17_item7_p133_s0
|
The following table sets forth the changes in our Australian Operations freight revenues by commodity group for the year ended December 31, 2015 , compared with the year ended December 31, 2014 (dollars in thousands):
|
The following table sets forth the changes in our U.K./European Operations freight revenues by commodity group for the year ended December 31, 2017 , compared with the year ended December 31, 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p98_s0
|
1012620_17_item7_p133_s0
|
The following table sets forth the changes in our Australian Operations freight revenues by commodity group for the year ended December 31, 2015 , compared with the year ended December 31, 2014 (dollars in thousands):
|
The following table sets forth the changes in our North American Operations freight revenues by commodity group segregated into new operations and existing operations for the year ended December 31, 2016 , compared with the year ended December 31, 2015 (dollars in thousands):
| 2 |
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1012620_18_item7_p100_s0
|
1012620_17_item7_p135_s0
|
The following table sets forth our Australian Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our North American Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2016 and 2015 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p132_s0
|
1012620_17_item7_p135_s0
|
The following table sets forth our Australian Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our U.K./European Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2016 and 2015 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p47_s0
|
1012620_17_item7_p135_s0
|
The following table sets forth our Australian Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our North American Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2017 and 2016 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p76_s0
|
1012620_17_item7_p135_s0
|
The following table sets forth our Australian Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our U.K./European Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2017 and 2016 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p102_s4
|
1012620_17_item7_p138_s3
|
The following information discusses the significant changes in our Australian Operations freight revenues by commodity group excluding the impact of foreign currency.
|
The following information discusses the significant changes in our North American Operations freight revenues from existing operations by commodity group excluding the impact of foreign currency.
| 2 |
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1012620_18_item7_p135_s4
|
1012620_17_item7_p138_s3
|
The following information discusses the significant changes in our Australian Operations freight revenues by commodity group excluding the impact of foreign currency.
|
The following information discusses the significant changes in our U.K./European Operations freight revenues from existing operations by commodity group excluding the impact of foreign currency.
| 2 |
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1012620_18_item7_p50_s4
|
1012620_17_item7_p138_s3
|
The following information discusses the significant changes in our Australian Operations freight revenues by commodity group excluding the impact of foreign currency.
|
The following information discusses the significant changes in our North American Operations freight revenues from existing operations by commodity group excluding the impact of foreign currency.
| 2 |
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1012620_18_item7_p79_s2
|
1012620_17_item7_p138_s3
|
The following information discusses the significant changes in our Australian Operations freight revenues by commodity group excluding the impact of foreign currency.
|
The following information discusses the significant changes in our U.K./European Operations freight revenues by commodity group excluding the impact of foreign currency.
| 2 |
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1012620_18_item7_p80_s3
|
1012620_17_item7_p138_s6
|
The decrease in average freight revenues per carload was primarily attributable to a change in the mix of business.
|
The increase in average freight revenues per carload was primarily due to a change in the mix of business.
| 2 |
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1012620_18_item7_p55_s4
|
1012620_17_item7_p142_s2
|
The following table sets forth operating expenses from our Australian Operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth operating expenses from our North American Operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p109_s0
|
1012620_17_item7_p144_s0
|
The following information discusses the significant changes in operating expenses from our Australian Operations excluding a $37.2 million decrease due to the impact from foreign currency depreciation.
|
The following information discusses the significant changes in operating expenses from our North American Operations excluding a decrease of $3.4 million due to the net impact from foreign currency depreciation.
| 2 |
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1012620_18_item7_p86_s0
|
1012620_17_item7_p144_s0
|
The following information discusses the significant changes in operating expenses from our Australian Operations excluding a $37.2 million decrease due to the impact from foreign currency depreciation.
|
The following information discusses the significant changes in operating expenses from our U.K./European Operations, excluding a decrease of $9.4 million due to the net impact from foreign currency depreciation.
| 2 |
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1012620_18_item7_p58_s1
|
1012620_17_item7_p145_s0
|
The following table sets forth our U.K./European Operations operating revenues and carloads segregated into new operations and existing operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth our Australian Operations operating revenues and carloads by new operations and existing operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p100_s0
|
1012620_17_item7_p146_s0
|
The following table sets forth our U.K./European Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our North American Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2016 and 2015 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p115_s0
|
1012620_17_item7_p146_s0
|
The following table sets forth our U.K./European Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our Australian Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2016 and 2015 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p47_s0
|
1012620_17_item7_p146_s0
|
The following table sets forth our U.K./European Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our North American Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2017 and 2016 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p62_s0
|
1012620_17_item7_p146_s0
|
The following table sets forth our U.K./European Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2015 and 2014 (dollars in thousands, except average freight revenues per carload):
|
The following table sets forth our Australian Operations freight revenues, carloads and average freight revenues per carload for the years ended December 31, 2017 and 2016 (dollars in thousands, except average freight revenues per carload):
| 2 |
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1012620_18_item7_p55_s4
|
1012620_17_item7_p150_s3
|
The following table sets forth operating expenses from our U.K./European Operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth operating expenses from our North American Operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p68_s5
|
1012620_17_item7_p150_s3
|
The following table sets forth operating expenses from our U.K./European Operations for the years ended December 31, 2015 and 2014 (dollars in thousands):
|
The following table sets forth operating expenses from our Australian Operations for the years ended December 31, 2017 and 2016 (dollars in thousands):
| 2 |
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1012620_18_item7_p145_s5
|
1012620_17_item7_p156_s4
|
Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding the Company's acquisition of Pentalver.
|
Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding our acquisitions of Pentalver and HOG.
| 2 |
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1012620_18_item7_p146_s13
|
1012620_17_item7_p158_s0
|
Cash Repatriation At December 31, 2016 , we had cash and cash equivalents totaling $32.3 million , of which $23.5 million were held by our foreign subsidiaries.
|
At December 31, 2017 , we had cash and cash equivalents totaling $80.5 million , of which $69.5 million were held by our foreign subsidiaries.
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1012620_18_item7_p151_s3
|
1012620_17_item7_p164_s2
|
For additional information regarding our Australian Credit Agreement, see Note 8 , Long-Term Debt , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding our Partner Loan Agreement, see Note 8 , Long-Term Debt , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p150_s2
|
1012620_17_item7_p165_s3
|
For additional information regarding our Partner Loan Agreement, see Note 8 , Long-Term Debt , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding our Australian Credit Agreement, see Note 8 , Long-Term Debt , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p155_s2
|
1012620_17_item7_p171_s2
|
The balance from our North American Operations resulted predominately from our anticipated insurance recoveries associated with a trestle fire in Oregon in August 2015.
|
The balance from our North American Operations resulted predominately from our anticipated insurance recoveries associated with a 2015 trestle fire in the United States and derailments in Canada.
| 2 |
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1012620_18_item7_p16_s0
|
1012620_17_item7_p17_s0
|
When we discuss either operating ratios from existing operations or same railroad operating ratios, we are referring to the change in our operating ratio, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
|
When we discuss either operating revenues from existing operations or same railroad operating revenues, we are referring to the change in our operating revenues, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
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1012620_18_item7_p2_s0
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1012620_17_item7_p17_s0
|
When we discuss either operating ratios from existing operations or same railroad operating ratios, we are referring to the change in our operating ratio, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
|
When we discuss results from existing operations or same railroad operations, we are referring to the change in our results, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
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1012620_18_item7_p37_s0
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1012620_17_item7_p17_s0
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|
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1012620_18_item7_p91_s0
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1012620_17_item7_p17_s0
|
When we discuss either operating ratios from existing operations or same railroad operating ratios, we are referring to the change in our operating ratio, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
|
When we discuss either operating expenses from existing operations or same railroad operating expenses, we are referring to the change in our operating expenses, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
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1012620_18_item7_p177_s2
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1012620_17_item7_p192_s1
|
For additional information regarding this impairment, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding Arrium, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p145_s5
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1012620_17_item7_p194_s5
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Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding ERS.
|
Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding our acquisitions of Pentalver and HOG.
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1012620_18_item7_p162_s2
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1012620_17_item7_p194_s5
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Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding ERS.
|
Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding this standard.
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1012620_18_item7_p145_s5
|
1012620_17_item7_p198_s5
|
Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding ERS.
|
Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding our acquisitions of Pentalver and HOG.
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1012620_18_item7_p162_s2
|
1012620_17_item7_p198_s5
|
Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding ERS.
|
Exhibits, Financial Statement Schedules" of this Annual Report for additional information regarding this standard.
| 2 |
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1012620_18_item7_p15_s7
|
1012620_17_item7_p20_s4
|
Excluding $5.2 million of revenues from new operations and a $3.7 million decrease from the impact of foreign currency depreciation, our North American Operations same railroad revenues decreased $6.6 million , or 0.5% .
|
Excluding $29.9 million of revenues from new operations and a $2.0 million increase from the impact of foreign currency appreciation , our North American Operations same railroad revenues increased $5.7 million , or 0.5% .
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1012620_18_item7_p13_s0
|
1012620_17_item7_p21_s0
|
When we discuss either operating revenues from existing operations or same railroad operating revenues, we are referring to the change in our operating revenues, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
|
When we discuss either operating ratios from existing operations or same railroad operating ratios, we are referring to the change in our operating ratio, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
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1012620_18_item7_p2_s0
|
1012620_17_item7_p21_s0
|
When we discuss either operating revenues from existing operations or same railroad operating revenues, we are referring to the change in our operating revenues, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
|
When we discuss results from existing operations or same railroad operations, we are referring to the change in our results, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
| 2 |
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1012620_18_item7_p37_s0
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1012620_17_item7_p21_s0
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|
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1012620_18_item7_p91_s0
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1012620_17_item7_p21_s0
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When we discuss either operating revenues from existing operations or same railroad operating revenues, we are referring to the change in our operating revenues, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
|
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1012620_18_item7_p134_s3
|
1012620_17_item7_p21_s4
|
All remaining traffic increased by a net 2,478 carloads.
|
All remaining traffic increased by a net 504 carloads.
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1012620_18_item7_p11_s6
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1012620_17_item7_p22_s3
|
In conjunction with the GRail acquisition that closed on December 1, 2016, we issued a 48.9% equity stake in GWAHLP to MIRA and retained a 51.1% interest.
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In conjunction with the GRail acquisition that closed on December 1, 2016, we issued a 48.9% equity stake in our Australian subsidiary, G W Australia Holdings LP (GWAHLP) to MIRA.
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1012620_18_item7_p11_s7
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1012620_17_item7_p22_s4
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As we maintained control of our Australian Operations, we continue to consolidate 100% of our Australian Operations in our financial statements and report a noncontrolling interest for MIRA s 48.9% equity ownership.
|
We retained a 51.1% controlling interest in GWAHLP and continue to consolidate 100% of our Australian Operations in our financial statements and report a noncontrolling interest for MIRA s 48.9% equity ownership.
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1012620_18_item7_p17_s3
|
1012620_17_item7_p22_s5
|
Prior to the GRail acquisition, our Australian subsidiary, Freightliner Australia Pty Ltd (FLA), provided rail operator services to GRail which were recorded as freight-related revenues.
|
Prior to the GRail acquisition, our Australian subsidiary, Freightliner Australia Pty Ltd (Freightliner Australia), provided rail operator services to GRail, which were recorded as freight-related revenues.
| 2 |
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1012620_18_item7_p122_s2
|
1012620_17_item7_p24_s0
|
The year ended December 31, 2016 included $21.1 million of charges related to the impairment of a rolling-stock maintenance facility and associated write-off of accounts receivable in the first quarter of 2016 resulting from an iron ore customer entering voluntary administration, as well as $14.7 million of corporate development and related costs primarily associated with the GRail transactions.
|
The increase from existing operations included $21.1 million related to the impairment of a rolling-stock maintenance facility and associated write-off of accounts receivable in the first quarter of 2016 resulting from Arrium entering voluntary administration, as well as $14.7 million of corporate development and related costs primarily associated with the GRail Transactions, partially offset by a $1.9 million decrease from the net depreciation of the Australian dollar relative to the United States dollar.
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1012620_18_item7_p18_s7
|
1012620_17_item7_p24_s0
|
The year ended December 31, 2016 included $21.1 million of charges related to the impairment of a rolling-stock maintenance facility and associated write-off of accounts receivable in the first quarter of 2016 resulting from an iron ore customer entering voluntary administration, as well as $14.7 million of corporate development and related costs primarily associated with the GRail transactions.
|
Operating income for the year ended December 31, 2016 included $21.1 million of charges related to the impairment of a rolling-stock maintenance facility and associated write-off of accounts receivable in the first quarter of 2016 resulting from Arrium's voluntary administration, $14.7 million of corporate development and related costs primarily associated with the GRail transactions and $0.8 million of restructuring costs.
| 2 |
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1012620_18_item7_p101_s3
|
1012620_17_item7_p26_s3
|
All remaining traffic increased by a net 504 carloads.
|
All remaining traffic increased by a net 2,478 carloads.
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1012620_18_item7_p19_s11
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1012620_17_item7_p27_s0
|
The year ended December 31, 2016 included impairment and related charges of $21.5 million related to ERS and $14.7 million of restructuring and related charges associated with our U.K. coal business.
|
The operating loss for the year ended December 31, 2016 included impairment and related charges of $21.5 million related to ERS, $14.7 million of restructuring and related charges associated with our U.K. coal business and $6.5 million of corporate development and related costs.
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1012620_18_item7_p93_s1
|
1012620_17_item7_p27_s0
|
The year ended December 31, 2016 included impairment and related charges of $21.5 million related to ERS and $14.7 million of restructuring and related charges associated with our U.K. coal business.
|
Operating income for the year ended December 31, 2016 included impairment and related charges of $21.5 million related to ERS, $21.1 million of charges associated with Arrium entering into voluntary administration and $14.7 million of restructuring and related charges associated with our U.K. coal business.
| 2 |
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1012620_18_item7_p177_s2
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1012620_17_item7_p27_s1
|
For additional information regarding these charges, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding Arrium, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p21_s0
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1012620_17_item7_p28_s0
|
Changes in Operations North American Operations Providence and Worcester Railroad Company: On November 1, 2016 , we completed the acquisition of 100% of the outstanding common stock of P W for $25.00 per share, or $126.2 million .
|
Providence and Worcester Railroad Company: On November 1, 2016 , we completed the acquisition of 100% of the outstanding common stock of Providence and Worcester Railroad for $25.00 per share, or $126.2 million .
| 2 |
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1012620_18_item7_p20_s2
|
1012620_17_item7_p28_s3
|
The results of operations from P W have been included in our consolidated statement of operations since the November 1, 2016 acquisition date within our North American Operations segment.
|
The results of operations from HOG have been included in our consolidated statement of operations within our North American Operations since the acquisition date.
| 2 |
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1012620_18_item7_p20_s3
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1012620_17_item7_p29_s7
|
For additional information regarding the acquisition of P W, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding the acquisition of HOG, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
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1012620_18_item7_p21_s5
|
1012620_17_item7_p29_s7
|
For additional information regarding the acquisition of P W, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding the acquisition of Providence and Worcester Railroad, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p13_s0
|
1012620_17_item7_p2_s0
|
When we discuss results from existing operations or same railroad operations, we are referring to the change in our results, period-over-period, associated with operations that we managed in both periods ( i.e. , excluding the impact of acquisitions).
|
When we discuss either operating ratios from existing operations or same railroad operating ratios, we are referring to the change in our operating ratio, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
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1012620_18_item7_p16_s0
|
1012620_17_item7_p2_s0
|
When we discuss results from existing operations or same railroad operations, we are referring to the change in our results, period-over-period, associated with operations that we managed in both periods ( i.e. , excluding the impact of acquisitions).
|
When we discuss either operating revenues from existing operations or same railroad operating revenues, we are referring to the change in our operating revenues, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
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1012620_18_item7_p37_s0
|
1012620_17_item7_p2_s0
|
When we discuss results from existing operations or same railroad operations, we are referring to the change in our results, period-over-period, associated with operations that we managed in both periods ( i.e. , excluding the impact of acquisitions).
|
When we discuss either operating expenses from existing operations or same railroad operating expenses, we are referring to the change in our operating expenses, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
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1012620_18_item7_p91_s0
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1012620_17_item7_p2_s0
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When we discuss results from existing operations or same railroad operations, we are referring to the change in our results, period-over-period, associated with operations that we managed in both periods ( i.e. , excluding the impact of acquisitions).
|
When we discuss either operating expenses from existing operations or same railroad operating expenses, we are referring to the change in our operating expenses, period-over-period, associated with operations that we managed in both periods (i.e., excluding the impact of acquisitions).
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1012620_18_item7_p20_s2
|
1012620_17_item7_p30_s2
|
The results of operations from Pinsly Arkansas have been included in our consolidated statement of operations since the acquisition date within our North American Operations segment.
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The results of operations from HOG have been included in our consolidated statement of operations within our North American Operations since the acquisition date.
| 2 |
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1012620_18_item7_p177_s2
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1012620_17_item7_p30_s3
|
For additional information regarding Pinsly Arkansas, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
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For additional information regarding Arrium, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p20_s2
|
1012620_17_item7_p31_s2
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The results of operations from RCP E have been included in our consolidated statement of operations since the acquisition date within our North American Operations segment.
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The results of operations from HOG have been included in our consolidated statement of operations within our North American Operations since the acquisition date.
| 2 |
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1012620_18_item7_p177_s2
|
1012620_17_item7_p31_s3
|
For additional information regarding RCP E, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding Arrium, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p11_s7
|
1012620_17_item7_p32_s3
|
As we maintained control of our Australian Operations, we will continue to consolidate 100% of our Australian Operations in our financial statements and report a noncontrolling interest for MIRA s 48.9% equity ownership.
|
We retained a 51.1% controlling interest in GWAHLP and continue to consolidate 100% of our Australian Operations in our financial statements and report a noncontrolling interest for MIRA s 48.9% equity ownership.
| 2 |
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1012620_18_item7_p20_s3
|
1012620_17_item7_p38_s3
|
For additional information regarding the acquisition of GRail, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding the acquisition of HOG, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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1012620_18_item7_p21_s5
|
1012620_17_item7_p38_s3
|
For additional information regarding the acquisition of GRail, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
|
For additional information regarding the acquisition of Providence and Worcester Railroad, see Note 3 , Changes in Operations , to our Consolidated Financial Statements set forth in "Part IV Item 15.
| 2 |
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