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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net income $ 499,685 $ 486,613
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation & amortization 422,560 433,508
(Gain) loss on sale of assets and businesses (6,250) 584
Stock-based compensation expense 65,702 62,741
Changes in assets & liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable (193,108) (155,142)
Accrued interest 60 529
Accrued and deferred income taxes (33,240) (4,900)
Other working capital accounts (65,062) (173,903)
Medicare accelerated payments and deferred CARES Act and other grants 1,764 2,921
Other assets and deferred charges 48,985 22,219
Other 13,717 (23,358)
Accrued insurance expense, net of commercial premiums paid 141,414 134,908
Payments made in settlement of self-insurance claims (80,861) (88,001)
Net cash provided by operating activities 815,366 698,719
Cash Flows from Investing Activities:    
Property and equipment additions (536,665) (569,555)
Proceeds received from sales of assets and businesses 23,688 12,001
Acquisition of businesses and property (3,728) (18,666)
(Outflows) inflows from foreign exchange contracts that hedge our net U.K. investment (7,723) 177,214
Decrease in capital reserves of commercial insurance subsidiary 0 100
Net cash used in investing activities (524,428) (398,906)
Cash Flows from Financing Activities:    
Repayments of long-term debt (54,009) (194,115)
Additional borrowings, net 165,000 705,321
Financing costs (308) (2,541)
Repurchase of common shares (385,339) (723,384)
Dividends paid (41,964) (44,192)
Issuance of common stock 9,841 10,399
Profit distributions to noncontrolling interests (5,258) (5,426)
Purchase (sale) of ownership interests by (from) minority members 408 (49,089)
Net cash used in financing activities (311,629) (303,027)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 493 (10,339)
(Decrease) increase in cash, cash equivalents and restricted cash (20,198) (13,553)
Cash, cash equivalents and restricted cash, beginning of period 200,837 178,934
Cash, cash equivalents and restricted cash, end of period 180,639 165,381
Supplemental Disclosures of Cash Flow Information:    
Interest paid 149,247 78,992
Income taxes paid, net of refunds 191,189 182,091
Noncash purchases of property and equipment $ 108,412 $ 97,264