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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 376,587 $ 319,138
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,074,761 897,075
Stock-based compensation 267,395 215,591
Amortization of intangible assets 155,428 148,075
Amortization of debt issuance costs and debt discounts and premiums 12,760 11,788
Provision for credit loss allowance 7,604 6,466
Impairment charges 0 7,306
Gain on asset sales (14,149) (928)
Loss on debt extinguishment 115,339 101,803
Other items 22,377 14,764
Changes in operating assets and liabilities:    
Accounts receivable (111,313) (38,104)
Income taxes, net (44,200) (20,193)
Other assets (124,573) (127,535)
Operating lease right-of-use assets 102,728 114,611
Operating lease liabilities (137,751) (107,391)
Accounts payable and accrued expenses 9,968 35,846
Other liabilities (57,860) 45,366
Net cash provided by operating activities 1,655,101 1,623,678
Cash flows from investing activities:    
Purchases of investments (77,139) (55,993)
Sales of investments 4,057 19,681
Business acquisitions, net of cash and restricted cash acquired (158,498) (478,248)
Real estate acquisitions (194,849) (124,462)
Purchases of other property, plant and equipment (1,934,107) (1,448,174)
Proceeds from sale of assets, net of cash transferred 174,494 0
Net cash used in investing activities (2,186,042) (2,087,196)
Cash flows from financing activities:    
Proceeds from employee equity awards 77,628 62,118
Payment of dividends (783,454) (710,177)
Proceeds from public offering of common stock, net of issuance costs 99,599 1,981,375
Proceeds from senior notes, net of debt discounts 3,878,662 2,585,736
Proceeds from mortgage and loans payable 0 750,790
Repayments of finance lease liabilities (130,129) (74,446)
Repayments of mortgage and loans payable (706,426) (808,609)
Repayment of senior notes (1,990,650) (2,440,761)
Debt extinguishment costs (99,185) (82,404)
Debt issuance costs (25,102) (26,266)
Net cash provided by financing activities 320,943 1,237,356
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash (24,139) 5,637
Net increase (decrease) in cash, cash equivalents and restricted cash (234,137) 779,475
Cash, cash equivalents and restricted cash at beginning of period 1,625,695 1,886,613
Cash, cash equivalents and restricted cash at end of period 1,391,558 2,666,088
Cash and cash equivalents 1,379,100 2,645,045
Current portion of restricted cash included in other current assets 11,567 11,375
Non-current portion of restricted cash included in other assets 891 9,668
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statement of cash flows $ 1,391,558 $ 2,666,088