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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 497,415 $ 459,799 $ 237,624
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, accretion, and amortization 716,309 707,576 700,161
Non-cash asset impairment and decommission costs 154,947 42,807 31,790
Non-cash compensation expense 87,919 99,909 84,402
(Gain) loss on remeasurement of U.S. denominated intercompany loans (81,222) (20,295) 66,285
Loss from extinguishment of debt, net   437 36,718
Deferred income tax expense (benefit) 4,629 32,901 (8,510)
Non-cash interest expense 35,868 46,109 47,085
Amortization of deferred financing fees 20,273 19,835 19,589
Other non-cash items reflected in the Statements of Operations 43,785 9,742 9,881
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net 44,386 (81,351) (38,237)
Prepaid expenses and other assets (35,498) (29,746) (28,243)
Operating lease right-of-use assets, net 141,114 135,473 114,321
Accounts payable and accrued expenses (66,324) 25,118 (473)
Long-term lease liabilities (138,699) (129,471) (113,292)
Other liabilities 119,491 (33,143) 30,795
Net cash provided by operating activities 1,544,393 1,285,700 1,189,896
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisitions (129,961) (1,176,092) (1,257,704)
Capital expenditures (236,698) (214,443) (133,694)
Purchase of investments (1,339,026) (881,781) (1,731,111)
Proceeds from sale of investments 1,338,354 878,138 1,730,477
Loan to unconsolidated joint venture (100,494)    
Other investing activities (421) 524 (31,228)
Net cash used in investing activities (468,246) (1,393,654) (1,423,260)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under Revolving Credit Facility 190,000 975,000 1,935,000
Repayments under Revolving Credit Facility (730,000) (605,000) (1,965,000)
Proceeds from issuance of Senior Notes, net of fees     1,485,373
Repayment of Senior Notes     (1,870,909)
Proceeds from issuance of Tower Securities, net of fees   839,885 2,924,005
Repayment of Tower Securities   (640,000) (1,335,000)
Repurchase and retirement of common stock (100,010) (431,666) (582,578)
Payment of dividends on common stock (369,960) (306,766) (253,580)
Proceeds from employee stock purchase/stock option plans 44,196 38,303 86,688
Payments related to taxes on stock options and restricted stock units (27,481) (9,958) (71,904)
Other financing activities (23,963) 4,728 (12,831)
Net cash (used in) provided by financing activities (1,017,218) (135,474) 339,264
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 2,734 (2,915) (13,082)
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 61,663 (246,343) 92,818
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:      
Beginning of period 189,283 435,626 342,808
End of period 250,946 189,283 435,626
Cash paid during the period for:      
Interest 396,593 347,659 360,515
Income taxes 25,581 32,320 25,568
SUPPLEMENTAL CASH FLOW INFORMATION OF NON-CASH ACTIVITIES:      
Right-of-use assets obtained in exchange for new operating lease liabilities 55,409 171,203 33,315
Operating lease modifications and reassessments (36,539) 48,946 36,817
Right-of-use assets obtained in exchange for new finance lease liabilities $ 1,954 $ 3,860 $ 2,100