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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 118,957 $ 117,747
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 287,378 263,643
Stock-based compensation 64,499 49,023
Amortization of intangible assets 48,491 49,535
Amortization of debt issuance costs and debt discounts and premiums 3,460 2,995
Provision for allowance for doubtful accounts 3,934 4,594
Impairment charges 0 14,448
Loss on asset sales 1,199 0
Loss on debt extinguishment 6,441 382
Other items 4,484 5,157
Changes in operating assets and liabilities:    
Accounts receivable 15,306 (84,350)
Income taxes, net 3,697 15,825
Other assets (101,882) (7,833)
Operating lease right-of-use assets 38,797 41,264
Operating lease liabilities (35,193) (38,886)
Accounts payable and accrued expenses (25,681) (11,463)
Other liabilities 82,943 (940)
Net cash provided by operating activities 516,830 421,141
Cash flows from investing activities:    
Purchases of investments (44,813) (9,297)
Sales of investments 5,873 518
Business acquisitions, net of cash and restricted cash acquired (478,287) 0
Purchases of real estate (36,373) (5,721)
Purchases of other property, plant and equipment (400,941) (363,967)
Net cash used in investing activities (954,541) (378,467)
Cash flows from financing activities:    
Proceeds from employee equity awards 30,391 27,593
Payment of dividends and special distribution (233,479) (204,603)
Proceeds from public offering of common stock, net of issuance costs 101,792 1,213,434
Proceeds from revolving credit facility 250,000 0
Repayments of finance lease liabilities (18,977) (31,158)
Repayments of mortgage and loans payable (18,501) (18,334)
Repayment of senior notes (343,711) 0
Debt extinguishment costs (4,619) 0
Net cash provided by (used in) financing activities (237,104) 986,932
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash (25,287) (1,695)
Net increase (decrease) in cash, cash equivalents and restricted cash (700,102) 1,027,911
Cash, cash equivalents and restricted cash at beginning of period 1,886,613 627,604
Cash, cash equivalents and restricted cash at end of period 1,186,511 1,655,515
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statement of cash flows $ 1,186,511 $ 1,655,515