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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income $ 382,410 $ 255,337
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 806,704 767,182
Stock-based compensation 174,413 139,849
Amortization of intangible assets 147,589 153,443
Amortization of debt issuance costs and debt discounts and premiums 9,429 10,609
Provision for allowance for doubtful accounts 8,588 4,886
Impairment charges 16,023 0
Gain on asset sales (463) (6,013)
Loss on debt extinguishment 67 39,214
Other items 9,909 13,040
Changes in operating assets and liabilities:    
Accounts receivable (123,389) (85,126)
Income taxes, net 73,144 (32,876)
Other assets (62,036) (22,409)
Operating lease right-of-use assets 108,226  
Operating lease liabilities (112,059)  
Accounts payable and accrued expenses 6,660 4,782
Other liabilities 17,843 14,879
Net cash provided by operating activities 1,463,058 1,256,797
Cash flows from investing activities:    
Purchases of investments (23,692) (55,181)
Sales of investments 8,945 74,376
Business acquisitions, net of cash and restricted cash acquired (34,143) (829,185)
Purchases of real estate (64,288) (136,612)
Purchases of other property, plant and equipment (1,364,960) (1,415,509)
Proceeds from sale of assets, net of cash transferred 117 12,154
Net cash used in investing activities (1,478,021) (2,349,957)
Cash flows from financing activities:    
Proceeds from employee equity awards 52,018 50,103
Payment of dividends and special distribution (625,804) (554,742)
Proceeds from public offering of common stock, net of issuance costs 1,660,976 273,873
Proceeds from senior notes 0 929,850
Proceeds from loans payable 0 424,650
Repayments of finance lease liabilities (62,785)  
Repayments of finance lease liabilities   (89,655)
Repayments of mortgage and loans payable (53,796) (429,498)
Repayment of senior notes (150,000) 0
Debt extinguishment costs 0 (20,556)
Debt issuance costs 0 (12,218)
Net cash provided by financing activities 820,609 571,807
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash (13,117) (30,944)
Net increase (decrease) in cash, cash equivalents and restricted cash 792,529 (552,297)
Cash, cash equivalents and restricted cash at beginning of period 627,604 1,450,701
Cash, cash equivalents and restricted cash at end of period 1,420,133 898,404
Cash and cash equivalents 1,402,400 870,486
Current portion of restricted cash included in other current assets 7,988 17,287
Non-current portion of restricted cash included in other assets $ 9,745 $ 10,631