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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net income $ 645,056 $ 579,533
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation & amortization 376,563 362,736
(Gain) loss on sale of assets and businesses 2,124 (5,982)
Stock-based compensation expense 49,928 52,167
Costs related to extinguishment of debt 1,365  
Provision for asset impairment   97,631
Changes in assets & liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable 45,435 (37,332)
Accrued interest (10,526) (2,962)
Accrued and deferred income taxes (2,095) (53,714)
Other working capital accounts 85,944 90,262
Medicare accelerated payments and deferred CARES Act and other grants 878,480  
Other assets and deferred charges 1,271 15,237
Other 115,431 (663)
Accrued insurance expense, net of commercial premiums paid 113,571 76,245
Payments made in settlement of self-insurance claims (84,390) (68,046)
Net cash provided by operating activities 2,218,157 1,105,112
Cash Flows from Investing Activities:    
Property and equipment additions, net of disposals (546,656) (480,247)
Proceeds received from sales of assets and businesses 7,851 7,497
Acquisition of businesses and property (52,009)  
Inflows from foreign exchange contracts that hedge our net U.K. investment 22,453 34,484
Costs incurred for purchase and implementation of information technology applications (5,345) (18,240)
Investment in, and advances to, joint ventures and other (997) (11,949)
Net cash used in investing activities (574,703) (468,455)
Cash Flows from Financing Activities:    
Reduction of long-term debt (1,173,590) (68,175)
Additional borrowings 803,197 15,100
Financing costs (8,256)  
Repurchase of common shares (200,098) (587,976)
Dividends paid (17,344) (35,556)
Issuance of common stock 9,288 8,248
Profit distributions to noncontrolling interests (15,175) (11,887)
Purchase of ownership interests from minority members (548)  
Net cash used in financing activities (602,526) (680,246)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (706) (1,259)
Increase (decrease) in cash, cash equivalents and restricted cash 1,040,222 (44,848)
Cash, cash equivalents and restricted cash, beginning of period 105,667 199,685
Cash, cash equivalents and restricted cash, end of period 1,145,889 154,837
Supplemental Disclosures of Cash Flow Information:    
Interest paid 93,579 122,699
Income taxes paid, net of refunds 208,460 221,298
Noncash purchases of property and equipment 76,402 83,552
Right-of-use assets obtained in exchange for lease obligations $ 47,679 $ 364,453