XML 20 R6.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities:    
Net income $ 151,021 $ 209,070
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation & amortization 143,784 131,403
Loss on sale of assets and businesses 1,084  
Stock-based compensation expense 19,055 18,022
Changes in assets & liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable (15,073) 56,851
Accrued interest 180 10,133
Accrued and deferred income taxes 47,548 53,769
Other working capital accounts 63,308 82,663
Medicare accelerated payments and deferred CARES Act and other grants 250 (509,448)
Other assets and deferred charges 26,042 (17)
Other (4,020) 2,623
Accrued insurance expense, net of commercial premiums paid 41,685 35,467
Payments made in settlement of self-insurance claims (29,431) (18,741)
Net cash provided by operating activities 445,433 71,795
Cash Flows from Investing Activities:    
Property and equipment additions (200,002) (247,459)
Proceeds received from sales of assets and businesses 10,232  
Inflows (outflows) from foreign exchange contracts that hedge our net U.K. investment 20,710 (14,264)
Decrease in capital reserves of commercial insurance subsidiary 100 100
Costs incurred for purchase of information technology applications, net of refunds   (575)
Investment in, and advances to, joint ventures and other   (129)
Net cash used in investing activities (168,960) (262,327)
Cash Flows from Financing Activities:    
Repayments of long-term debt (11,966) (251,830)
Additional borrowings 117,400  
Repurchase of common shares (365,505) (7,464)
Dividends paid (14,875) (17,018)
Issuance of common stock 3,503 3,357
Profit distributions to noncontrolling interests (5,289) (4,525)
Purchase (sale) of ownership interests by (from) minority members (1,307) 7,603
Net cash used in financing activities (278,039) (269,877)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2,232) 423
Decrease in cash, cash equivalents and restricted cash (3,798) (459,986)
Cash, cash equivalents and restricted cash, beginning of period 178,934 1,279,154
Cash, cash equivalents and restricted cash, end of period 175,136 819,168
Supplemental Disclosures of Cash Flow Information:    
Interest paid 20,388 11,421
Income taxes paid, net of refunds 4,423 8,654
Noncash purchases of property and equipment $ 90,730 $ 60,124