XML 38 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows from Operating Activities:    
Net income (loss) $ 52,931 $ 148,648
Loss (Income) from discontinued operations (1,515) 5,700
Loss (Gain) on sale of discontinued operations   1,885
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Depreciation 210,678 210,248
Amortization (includes deferred financing costs and bond discount of $5,121 and $5,283, for the nine months ended September 30, 2012 and 2013, respectively) 33,393 31,335
Stock-based compensation expense 23,016 20,799
(Benefit) Provision for deferred income taxes 61,327 (43,254)
Loss on early extinguishment of debt, net 43,318 10,628
(Gain) Loss on disposal/write-down of property, plant and equipment, net (2,375) (1,515)
Foreign currency transactions and other, net 43,763 9,163
Changes in Assets and Liabilities (exclusive of acquisitions):    
Accounts receivable (37,867) (22,379)
Prepaid expenses and other (60,601) (18,473)
Accounts payable 19,172 (12,618)
Accrued expenses and deferred revenue (55,889) (29,321)
Other assets and long-term liabilities 4,278 807
Cash Flows from Operating Activities-Continuing Operations 333,629 311,653
Cash Flows from Operating Activities-Discontinued Operations 953 (10,916)
Cash Flows from Operating Activities 334,582 300,737
Cash Flows from Investing Activities:    
Capital expenditures (204,872) (165,462)
Cash paid for acquisitions, net of cash acquired (122,681) (106,221)
Investment in restricted cash (1) (1,502)
Additions to customer relationship and acquisition costs (16,573) (13,377)
Investment in joint ventures   (2,330)
Proceeds from sales of property and equipment and other, net 2,402 1,731
Cash Flows from Investing Activities-Continuing Operations (341,725) (287,161)
Cash Flows from Investing Activities-Discontinued Operations (4,937) (6,136)
Cash Flows from Investing Activities (346,662) (293,297)
Cash Flows from Financing Activities:    
Repayment of revolving credit and term loan facilities and other debt (3,447,542) (2,803,476)
Proceeds from revolving credit and term loan facilities and other debt 3,445,387 2,637,534
Early retirement of senior subordinated notes (685,134) (525,834)
Net proceeds from sales of senior subordinated notes   985,000
Net proceeds from sales of senior notes 782,307  
Debt financing (repayment to) and equity contribution from (distribution to) noncontrolling interests, net 1,066 416
Stock repurchases   (38,052)
Parent cash dividends (155,027) (132,307)
Proceeds from exercise of stock options and employee stock purchase plan 14,726 22,328
Excess tax benefits from stock-based compensation 2,499 309
Payment of debt financing costs (8,087) (2,179)
Cash Flows from Financing Activities-Continuing Operations (49,805) 143,739
Cash Flows from Financing Activities-Discontinued Operations   (39)
Cash Flows from Financing Activities (49,805) 143,700
Effect of Exchange Rates on Cash and Cash Equivalents (9,499) 3,598
Increase (Decrease) in Cash and Cash Equivalents (71,384) 154,738
Cash and Cash Equivalents, Beginning of Period 243,415 179,845
Cash and Cash Equivalents, End of Period 172,031 334,583
Supplemental Information:    
Cash Paid for Interest 196,811 175,478
Cash Paid for Income Taxes 88,154 151,906
Non-Cash Investing and Financing Activities:    
Capital Leases 48,909 31,715
Accrued Capital Expenditures 30,419 18,081
Dividends Payable $ 54,705 $ 46,515