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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 569,886 $ 387,887
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, accretion, and amortization 204,444 544,909
Loss (gain) on remeasurement of U.S. denominated intercompany loans 119,526 (38,752)
Non-cash compensation expense 56,439 65,830
Non-cash asset impairment and decommission costs 73,959 81,067
Loss from extinguishment of debt, net 4,428  
Deferred and non-cash income tax provision (benefit) 17,053 (1,462)
Other non-cash items reflected in the Statements of Operations 48,875 61,331
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net 53,280 58,673
Prepaid expenses and other assets (16,998) (23,501)
Operating lease right-of-use assets, net 101,070 111,310
Accounts payable and accrued expenses (6,576) (18,257)
Accrued interest (24,838) (23,767)
Long-term lease liabilities (109,074) (103,815)
Other liabilities (66,777) 10,329
Net cash provided by operating activities 1,024,697 1,111,782
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions (268,409) (92,851)
Capital expenditures (172,600) (173,976)
Purchase of investments (1,204,628) (1,005,143)
Proceeds from sale of investments 1,179,250 1,005,003
Other investing activities (14,033) (94,909)
Net cash used in investing activities (480,420) (361,876)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under Revolving Credit Facility 370,000 190,000
Repayments under Revolving Credit Facility (390,000) (540,000)
Proceeds from issuance of Term Loans, net of fees 2,274,815  
Repayment of Term Loans (2,279,500) (18,000)
Repurchase and retirement of common stock (200,019) (53,652)
Payment of dividends on common stock (318,808) (278,201)
Proceeds from employee stock purchase/stock option plans 27,144 21,058
Payments related to taxes on stock options and restricted stock units (18,187) (27,472)
Other financing activities 707 603
Net cash used in financing activities (533,848) (705,664)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (9,883) (1,441)
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 546 42,801
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:    
Beginning of period 250,946 189,283
End of period 251,492 232,084
Cash paid during the period for:    
Interest 314,700 325,799
Income taxes 25,978 20,290
SUPPLEMENTAL CASH FLOW INFORMATION OF NON-CASH ACTIVITIES:    
Right-of-use assets obtained in exchange for new operating lease liabilities 44,256 46,909
Operating lease modifications and reassessments 214,108 15,680
Right-of-use assets obtained in exchange for new finance lease liabilities $ 154 $ 1,954