XML 18 R7.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash provided by (used for) operations    
Net income $ 307,454 $ 386,121
Items in net income not using (providing) cash    
Depreciation and amortization, including deferred financing costs and other 109,531 95,516
Stock-based compensation 11,668 11,518
Pension expense 111 122
Deferred income taxes 15,096 4,351
Change in fair value of interest rate swaps 1,573 798
Other 322 (1,877)
Decrease (increase) in working capital, net of acquisitions    
Receivables (51,192) (158,756)
Inventories (80,739) 14,145
Prepaid expenses and other (6,697) (6,604)
Accounts payable and accrued liabilities 44,547 152,303
Income taxes payable (3,970) 23,664
Other (3,952) (172)
Net cash provided by operations 343,752 521,129
Cash provided by (used for) investment    
Expenditures for property and equipment (135,760) (99,251)
Acquisitions of businesses and facilities (5,581) 0
Proceeds from sales of assets and other 1,197 2,450
Net cash used for investment (140,144) (96,801)
Cash provided by (used for) financing    
Treasury stock purchased (158,509) (1,539)
Dividends paid on common stock (220,485) (140,885)
Tax withholding payments on stock-based awards (11,141) (5,926)
Other (1,448) (1,359)
Net cash used for financing (391,583) (149,709)
Net increase (decrease) in cash and cash equivalents (187,975) 274,619
Balance at beginning of the period 949,574 998,344
Balance at end of the period $ 761,599 $ 1,272,963