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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net (loss)/income $ (352,716) $ 177,514
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:    
Depreciation 470,591 426,782
Write-off of Russian fleet 802,352 0
Stock-based compensation expense 4,035 12,108
Deferred taxes (104,963) 38,985
Amortization of debt discounts and issuance costs 26,610 24,538
Amortization of prepaid lease costs 23,355 22,267
Gain on aircraft sales, trading and other activity (71,753) (1,245)
Changes in operating assets and liabilities:    
Other assets (147,685) (96,234)
Accrued interest and other payables 26,590 4,751
Rentals received in advance 12,423 (6,801)
Net cash provided by operating activities 688,839 602,665
Investing Activities    
Acquisition of flight equipment under operating lease (1,569,310) (1,098,174)
Payments for deposits on flight equipment purchases (345,643) (202,938)
Proceeds from aircraft sales, trading and other activity 1,166 2,042
Acquisition of aircraft furnishings, equipment and other assets (106,655) (102,303)
Net cash used in investing activities (2,020,442) (1,401,373)
Financing Activities    
Issuance of common stock upon exercise of options 0 1,439
Cash dividends paid on Class A common stock (42,223) (36,475)
Common shares repurchased (150,000) 0
Net proceeds from preferred stock issuance 0 295,428
Cash dividends paid on preferred stock (20,850) (11,679)
Tax withholdings on stock-based compensation (9,027) (7,442)
Net change in unsecured revolving facilities 520,000 0
Proceeds from debt financings 1,497,615 2,574,089
Payments in reduction of debt financings (718,687) (2,576,841)
Debt issuance costs (5,613) (7,937)
Security deposits and maintenance reserve receipts 198,763 67,289
Security deposits and maintenance reserve disbursements (12,819) (24,170)
Net cash provided by financing activities 1,257,159 273,701
Net decrease in cash (74,444) (525,007)
Cash, cash equivalents and restricted cash at beginning of period 1,108,292 1,757,767
Cash, cash equivalents and restricted cash at end of period 1,033,848 1,232,760
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest, including capitalized interest of $19,127 and $26,116 at June 30, 2022 and 2021, respectively 254,349 262,949
Cash paid for income taxes 3,557 2,491
Supplemental Disclosure of Noncash Activities    
Buyer furnished equipment, capitalized interest and deposits on flight equipment purchases applied to acquisition of flight equipment 343,794 449,486
Cash dividends declared, not yet paid $ 20,511 $ 18,263