XML 40 R6.htm IDEA: XBRL DOCUMENT v3.20.1
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 (loss) $ (374,362) $ (103,533)
Adjustments to net income (loss):    
Depreciation and amortization 227,063 210,397
Deferred income tax expense (benefit) 24,903 13,949
Impairments and other charges 265,779 82
Amortization of debt discount and deferred financing costs 8,153 7,730
Losses (gains) on debt buyback (15,742) (2,667)
Losses (gains) on long-lived assets, net 1,391 3,633
Losses (gains) on investments, net 5,539 (7,688)
Provision (recovery) of bad debt 10,417 (419)
Share-based compensation 9,158 8,424
Foreign currency transaction losses (gains), net (559) 8,548
Noncontrolling interest (17,465) (14,176)
Other 188 212
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable (16,008) 14,914
Inventory (1,421) (685)
Other current assets 12,292 13,458
Other long-term assets 2,046 (23,907)
Trade accounts payable and accrued liabilities (76,952) (95,669)
Income taxes payable 4,475 6,107
Other long-term liabilities (9,733) 31,144
Net cash provided by (used for) operating activities 59,162 69,854
Cash flows from investing activities:    
Purchases of investments   (4,221)
Sales and maturities of investments 1,835 1,134
Cash paid for acquisition of businesses, net of cash acquired   (2,929)
Capital expenditures (59,430) (141,070)
Proceeds from sales of assets and insurance claims 6,822 2,642
Net cash (used for) provided by investing activities (50,773) (144,444)
Cash flows from financing activities:    
Increase (decrease) in cash overdrafts 55  
Proceeds from issuance of long-term debt 1,000,000  
Reduction in long-term debt (1,068,405) (43,540)
Debt issuance costs (15,737) (35)
Proceeds from revolving credit facilities 795,000 180,000
Reduction in revolving credit facilities (650,000) (50,000)
Proceeds from (payments for) short-term borrowings   289
Repurchase of common and preferred shares (13,858)  
Dividends to common and preferred shareholders (7,937) (25,765)
Other (1,546) (1,493)
Net cash (used for) provided by financing activities 37,572 59,456
Effect of exchange rate changes on cash and cash equivalents (2,219) (2,791)
Net increase (decrease) in cash and cash equivalents and restricted cash 43,742 (17,925)
Cash and cash equivalents and restricted cash, beginning of period 442,038 451,080
Cash and cash equivalents and restricted cash, end of period 485,780 433,155
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH    
Cash and cash equivalents, beginning of period 435,990 447,766
Restricted cash, beginning of period 6,048 3,314
Cash and cash equivalents and restricted cash, beginning of period 442,038 451,080
Cash and cash equivalents, end of period 480,522 429,127
Restricted cash, end of period 5,258 4,028
Cash and cash equivalents and restricted cash, end of period $ 485,780 $ 433,155