XML 50 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities:    
Net income $ 318,466 $ 297,738
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation & amortization 184,050 161,677
Stock-based compensation expense 14,945 13,579
Gains on sales of assets and businesses, net of losses (10,134) (2,277)
Changes in assets & liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable (61,865) (82,224)
Accrued interest (271) 13,199
Accrued and deferred income taxes (9,435) 3,280
Other working capital accounts 17,739 32,421
Other assets and deferred charges 10,415 9,069
Other (4,092) 4,083
Accrued insurance expense, net of commercial premiums paid 38,520 (22,590)
Payments made in settlement of self-insurance claims (39,922) (37,038)
Net cash provided by operating activities 458,416 390,917
Cash Flows from Investing Activities:    
Property and equipment additions, net of disposals (186,786) (175,944)
Proceeds received from sale of assets and businesses 11,450 34,008
Cash paid/reserved related to acquisition of property and businesses (71,000) (1,320)
Costs incurred for purchase and implementation of electronic health records application (8,399) (33,396)
Net cash provided by (used in) investing activities (254,735) (176,652)
Cash Flows from Financing Activities:    
Reduction of long-term debt (179,126) (196,096)
Additional borrowings 0 11,000
Repurchase of common shares (35,773) (21,373)
Dividends paid (9,884) (9,795)
Issuance of common stock 3,287 2,735
Excess income tax benefits related to stock-based compensation 28,493 15,085
Profit distributions to noncontrolling interests (13,184) (26,734)
Net cash (used in) provided by financing activities (206,187) (225,178)
Decrease in cash and cash equivalents (2,506) (10,913)
Cash and cash equivalents, beginning of period 17,238 23,471
Cash and cash equivalents, end of period 14,732 12,558
Supplemental Disclosures of Cash Flow Information:    
Interest paid 60,078 54,067
Income taxes paid, net of refunds $ 156,434 $ 152,553