Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars)

	2016		2015
Sales	$6,600.0		$5,500.0
Operating costs excluding depreciation	4,950.0		4,675.0
Depreciation and amortization	169.0		154.0
Earnings before interest and taxes	$1,481.0		$671.0
Less Interest	142.0		118.0
Pre-tax income	$1,339.0		$553.0
Taxes (40%)	535.6		221.2
Net income available to common stockholders	$803.4		$331.8
Common dividends	$723.0		$265.0

Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars)

	2016		2015
Assets
Cash	$79.0		$66.0
Short-term investments	34.0		28.0
Accounts receivable	847.0		770.0
Inventories	1,031.0		825.0
Total current assets	$1,991.0		$1,689.0
Net plant and equipment	1,694.0		1,540.0
Total assets	$3,685.0		$3,229.0
Liabilities and Equity
Accounts payable	$462.0		$385.0
Accruals	443.0		385.0
Notes payable	132.0		110.0
Total current liabilities	$1,037.0		$880.0
Long-term debt	1,320.0		1,100.0
Total liabilities	$2,357.0		$1,980.0
Common stock	1,147.6		1,149.0
Retained earnings	180.4		100.0
Total common equity	$1,328.0		$1,249.0
Total liabilities and equity	$3,685.0		$3,229.0

Using Rhodes Corporation's financial statements (shown above), answer the following questions.

1.) How much of the FCF did Rhodes use for each of the following purposes: after-tax interest, net debt repayments, dividends, net stock repurchases, and net purchases of short-term investments? (Hint: Remember that a net use can be negative.) Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answers to one decimal place.

After-tax interest payment	$85.2 million
Reduction (increase) in debt	$____ million
Payment of dividends	$_____ million
Repurchase (Issue) stock	$ ____ million
Purchase (Sale) of short-term investments	$_____ million