XML 19 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 255,337 $ 167,767
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 767,182 622,135
Stock-based compensation 139,849 129,602
Amortization of intangible assets 153,443 128,068
Amortization of debt issuance costs and debt discounts and premiums 10,609 20,100
Provision for allowance for doubtful accounts 4,886 6,889
Gain on asset sales (6,013) 0
Loss on debt extinguishment 39,214 42,103
Other items 13,040 3,437
Changes in operating assets and liabilities:    
Accounts receivable (85,126) (202,430)
Income taxes, net (32,876) (53,608)
Other assets (22,409) 29,046
Accounts payable and accrued expenses 4,782 44,952
Other liabilities 14,879 6,293
Net cash provided by operating activities 1,256,797 944,354
Cash flows from investing activities:    
Purchases of investments (55,181) (57,926)
Sales of investments 74,376 32,867
Business acquisitions, net of cash and restricted cash acquired (829,185) (3,628,526)
Purchases of real estate (136,612) (64,964)
Purchases of other property, plant and equipment (1,415,509) (946,048)
Proceeds from sale of assets, net of cash transferred 12,154 47,767
Net cash used in investing activities (2,349,957) (4,616,830)
Cash flows from financing activities:    
Proceeds from employee equity awards 50,103 41,625
Payment of dividends and special distribution (554,742) (463,914)
Proceeds from public offering of common stock, net of issuance costs 273,873 2,126,341
Proceeds from senior notes 929,850 2,449,700
Proceeds from loans payable 424,650 1,059,800
Repayments of capital lease and other financing obligations (89,655) (60,252)
Repayments of mortgage and loans payable (429,498) (63,520)
Repayment of senior notes 0 (500,000)
Debt extinguishment costs (20,556) (23,020)
Debt issuance costs (12,218) (56,886)
Other financing activities 0 (900)
Net cash provided by financing activities 571,807 4,508,974
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash (30,944) 26,450
Net increase (decrease) in cash, cash equivalents and restricted cash (552,297) 862,948
Cash, cash equivalents and restricted cash at beginning of period 1,450,701 773,247
Cash, cash equivalents and restricted cash at end of period 898,404 1,636,195
Cash and cash equivalents 870,486 1,599,988
Current portion of restricted cash included in other current assets 17,287 25,079
Non-current portion of restricted cash included in other assets $ 10,631 $ 11,128