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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities      
Net income $ 150.0 $ 102.9 $ 87.1
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization 633.4 746.5 606.2
Loss on extinguishment of debt   4.9 18.2
Gain on sale of SRT (5.5)    
Non-cash interest expense 10.3 9.8 9.6
Stock-based compensation 109.3 96.7 114.1
Amortization of deferred revenue (152.1) (136.3) (116.5)
Foreign currency loss/(gain) on intercompany loans 14.1 (5.4) 10.3
Deferred income taxes 1.2 22.3 13.4
Provision for bad debts 10.2 5.1 3.7
Non-cash loss on investments 0.8 0.9 1.1
Changes in operating assets and liabilities, net of acquisitions      
Trade receivables 44.0 (48.1) (7.2)
Accounts payable and accrued liabilities (14.1) 7.3 5.2
Additions to deferred revenue 193.1 212.8 200.5
Other assets and liabilities (43.6) (48.2) (35.9)
Net cash provided by operating activities 951.1 971.2 909.8
Cash flows from investing activities      
Purchases of property and equipment (786.9) (789.9) (835.5)
Cash paid for acquisitions, net of cash acquired   (176.9) (1,434.8)
Proceeds from sale of SRT, net of cash held in escrow 39.0    
Net cash used in investing activities (747.9) (966.8) (2,270.3)
Cash flows from financing activities      
Proceeds from debt 275.0 462.8 3,865.8
Principal payments on long-term debt (135.0) (315.7) (2,408.8)
Principal payments on capital lease obligations (6.2) (8.4) (6.6)
Payment of debt issue costs (0.7) (4.3) (35.4)
Common stock repurchases (402.5) (93.5)  
Cash paid for Santa Clara acquisition financing arrangement and other (5.8) (5.3) (3.7)
Net cash (used in)/provided by financing activities (275.2) 35.6 1,411.3
Net cash flows (72.0) 40.0 50.8
Effect of changes in foreign exchange rates on cash (2.0) (3.9) (0.8)
Net (decrease)/increase in cash, cash equivalents and restricted cash (74.0) 36.1 50.0
Cash, cash equivalents and restricted cash, beginning of period 261.3 225.2 175.2
Cash, cash equivalents and restricted cash, end of period 187.3 261.3 225.2
Supplemental information:      
Cash paid for interest, net of capitalized interest 315.2 280.2 195.6
Cash paid for income taxes 7.0 20.3 13.1
Non-cash purchases of equipment through capital leasing 55.4 22.1 12.0
Non-cash purchases of equipment through nonmonetary exchange 49.2 17.1 12.8
Increase/(decrease) in accounts payable and accrued expenses for purchases of property and equipment $ 33.0 $ (32.2) $ 16.9