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Consolidated Statements of Cash Flows - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 237,624 $ 24,047 $ 147,284
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, accretion, and amortization 700,161 721,970 697,078
Non-cash asset impairment and decommission costs 31,790 39,501 32,241
Non-cash compensation expense 84,402 68,890 73,214
Loss (gain) on remeasurement of U.S. denominated intercompany loans 66,285 220,354 (13,134)
Loss from extinguishment of debt, net 36,718 17,838 235
Deferred income tax (benefit) expense (8,510) (63,187) 15,935
Non-cash interest expense 47,085 24,870 3,193
Amortization of deferred financing fees 19,589 20,058 20,358
Other non-cash items reflected in the Statements of Operations 9,881 2,979 (1,888)
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net (38,237) 38,195 (12,146)
Prepaid expenses and other assets (28,243) 2,614 878
Operating lease right-of-use assets, net 114,321 109,935 93,665
Accounts payable and accrued expenses (473) 13,173 (5,951)
Long-term lease liabilities (113,292) (100,847) (87,544)
Other liabilities 30,795 (14,357) 6,627
Net cash provided by operating activities 1,189,896 1,126,033 970,045
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisitions (1,257,704) (271,418) (773,957)
Capital expenditures (133,694) (128,566) (154,236)
Purchase of investments (1,731,111) (1,288,705) (638,963)
Proceeds from sale of investments 1,730,477 1,239,206 625,807
Other investing activities (31,228) 3,117 (5,809)
Net cash used in investing activities (1,423,260) (446,366) (947,158)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under Revolving Credit Facility 1,935,000 895,000 755,000
Repayments under Revolving Credit Facility (1,965,000) (1,005,000) (590,000)
Proceeds from issuance of Senior Notes, net of fees 1,485,373 1,479,484  
Repayment of Senior Notes (1,870,909) (759,143)  
Proceeds from issuance of Tower Securities, net of fees 2,924,005 1,335,895 1,152,458
Repayment of Tower Securities (1,335,000) (1,200,000) (920,000)
Termination of interest rate swap   (176,200)  
Repurchase and retirement of common stock (582,578) (859,335) (466,982)
Payment of dividends on common stock (253,580) (207,689) (83,387)
Proceeds from employee stock purchase/stock option plans 86,688 99,129 130,290
Payments related to taxes on net settlement of stock options and restricted stock units (71,904) (45,080) (14,088)
Other financing activities (12,831) (26,078) (25,605)
Net cash provided by (used in) financing activities 339,264 (469,017) (62,314)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (13,082) (8,962) 2,247
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 92,818 201,688 (37,180)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:      
Beginning of year 342,808 141,120 178,300
End of year 435,626 342,808 141,120
Cash paid during the period for:      
Interest 360,098 351,886 386,615
Income taxes 25,568 20,275 21,598
SUPPLEMENTAL CASH FLOW INFORMATION OF NON-CASH ACTIVITIES:      
Right-of-use assets obtained in exchange for new operating lease liabilities 33,315 78,674 175,517
Operating lease modifications and reassessments 36,817 (10,550) (52,383)
Right-of-use assets obtained in exchange for new finance lease liabilities $ 2,100 1,087 $ 3,499
Common stock issued in connection with acquisitions     1,680
Consolidation of an equity method investment     $ 71,990
Deferred payment on acquired assets   $ 77,124