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resulting was with During certain operations the the income the well with benefit of benefits in compared to quarter European fourth benefit associated tax conjunction in a in from income due expense of $X million reduced restructuring earnings during as North as higher Act America. tax prior tax the with in primarily our CARES the year, jurisdictions quarter, $X million
working capital the year, partially attributable assets. compared by used million investing for in $XXX Net optimization same XXXX activities lower capital offsetting The cash operating million with full while usage. compared in consisted levels million our improving balances was equipment, of activities to consisted XXXX by in net. to investing was plant net by to from the was period associated the $XX million of expenditures, and $XXX for million partially operating Partially used accounts and of capital sales compared increase current million investing cash activities XXXX. and expenses by equipment cash $XX XXXX compared $XX XXXX. million expenditures, by for and efforts activities cash provided basically $XXX proceeds plant of operating in and this in used provided XXXX net property, $XXX to of in higher was cash $XXX accrued with inventory income million prepaid activities provided of proceeds increase XXXX in of net with property, in For expenses of principally and payable levels in of other lower net activities offset cash our in higher XXXX due in for from XXXX sales offset Net net
it spending, relates the to in $XXX related capital vessels. to significant container invested of with we As million a XXXX, four refrigerated acquisition portion
Our end million total debt at to decreased of of the million $XXX end at the from XXXX. XXXX $XXX
morning our now cash As on financial of financial We Directors can on concludes share announced a this in turn results shareholders press Q&A. This over of payable release, our the $X.XX X, declared call XXXX. to March of April per XXXX our Board review. record for dividend XX,
