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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net income $ 560,152 $ 331,677
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation & amortization 288,483 285,365
Gain on sale of assets and businesses (3,725) (6,250)
Stock-based compensation expense 46,162 43,062
Changes in assets & liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable 66,174 (82,078)
Accrued interest 3,310 (107)
Accrued and deferred income taxes 26,970 (32,695)
Other working capital accounts 39,686 20,216
Medicare accelerated payments and deferred CARES Act and other grants   2,741
Other assets and deferred charges (3,030) 32,746
Other 14,277 15,471
Accrued insurance expense, net of commercial premiums paid 102,222 95,157
Payments made in settlement of self-insurance claims (64,994) (51,604)
Net cash provided by operating activities 1,075,687 653,701
Cash Flows from Investing Activities:    
Property and equipment additions (449,933) (336,664)
Proceeds received from sales of assets and businesses 5,428 23,688
Acquisition of businesses and property   (3,728)
Inflows (outflows) from foreign exchange contracts that hedge our net U.K. investment 6,830 (31,305)
Decrease in capital reserves of commercial insurance subsidiary 196  
Net cash used in investing activities (437,479) (348,009)
Cash Flows from Financing Activities:    
Repayments of long-term debt (382,675) (93,557)
Additional borrowings, net 12,038 0
Financing costs   (293)
Repurchase of common shares (237,987) (209,756)
Dividends paid (27,006) (28,263)
Issuance of common stock 7,227 6,598
Profit distributions to noncontrolling interests (5,089) (4,735)
Sale of ownership interests to minority members 5,025 407
Net cash used in financing activities (628,467) (329,599)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (392) 2,377
Increase (decrease) in cash, cash equivalents and restricted cash 9,349 (21,530)
Cash, cash equivalents and restricted cash, beginning of period 214,470 200,837
Cash, cash equivalents and restricted cash, end of period 223,819 179,307
Supplemental Disclosures of Cash Flow Information:    
Interest paid 95,902 97,297
Income taxes paid, net of refunds 131,499 133,840
Noncash purchases of property and equipment $ 108,260 $ 100,461