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Condensed Consolidated Statements of Cash Flows
$ in Thousands
3 Months Ended
Mar. 31, 2017
USD ($)
Mar. 31, 2016
USD ($)
Cash flows from operating activities:    
Net income (loss) $ 42,062 $ (31,111)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 187,989 172,382
Stock-based compensation 38,323 34,061
Amortization of intangible assets 29,017 28,152
Amortization of debt issuance costs and debt discounts 11,580 5,508
Provision for allowance for doubtful accounts 6,710 1,885
Gain on asset sales 0 (5,242)
Loss on debt extinguishment 3,503 0
Other items 3,677 5,169
Changes in operating assets and liabilities:    
Accounts receivable (39,664) (11,312)
Income taxes, net (20,637) (28,656)
Accounts payable and accrued expenses (65,414) (40,217)
Other assets and liabilities 50,225 (25,785)
Net cash provided by operating activities 247,371 104,834
Cash flows from investing activities:    
Purchases of investments (26,256) (10,875)
Sales and maturities of investments 19,152 14,294
Business acquisitions, net of cash and restricted cash acquired (36,041) (1,601,326)
Purchases of real estate (41,739) (16,408)
Purchases of other property, plant and equipment (277,242) (197,700)
Proceeds from sale of assets 47,767 22,825
Net cash used in investing activities (314,359) (1,789,190)
Cash flows from financing activities:    
Proceeds from employee equity awards 20,074 16,304
Payment of dividends (148,083) (124,836)
Proceeds from public offering of common stock, net of offering costs 2,126,258 0
Proceeds from senior notes 1,250,000 0
Proceeds from loans payable 1,059,800 701,250
Repayment of capital lease and other financing obligations (16,596) (33,232)
Repayment of mortgage and loans payable (21,510) (936,353)
Debt extinguishment costs (3,132) 0
Debt issuance costs (40,665) (65)
Other financing activities (900) 0
Net cash provided by (used) in financing activities 4,225,246 (376,932)
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash 11,541 (9,501)
Net increase (decrease) in cash, cash equivalents and restricted cash 4,169,799 (2,070,789)
Cash, cash equivalents and restricted cash at beginning of period 773,247 2,718,427
Cash, cash equivalents and restricted cash at end of period 4,943,046 647,638
Cash and cash equivalents 4,923,259 633,758
Current portion of restricted cash included in other current assets 9,927 3,420
Non-current portion of restricted cash included in other assets $ 9,860 $ 10,460