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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net earnings $ 768,048 $ 518,597
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 472,914 415,839
Noncash lease expense 61,656 40,160
Share-based compensation 59,737 47,411
(Gain)/loss on sale of revenue equipment and other (20,970) 2,317
Deferred income taxes 90,463 38,566
Changes in operating assets and liabilities:    
Trade accounts receivable (212,325) (318,545)
Other assets 102,506 131,753
Trade accounts payable 55,640 101,636
Income taxes payable or receivable (7,616) (16,976)
Claims accruals 34,322 10,464
Accrued payroll and other accrued expenses (48,969) (1,373)
Net cash provided by operating activities 1,355,406 969,849
Cash flows from investing activities:    
Additions to property and equipment (1,087,881) (572,717)
Net proceeds from sale of equipment 69,853 61,642
Business acquisitions (118,101) 0
Changes in other assets 0 (79)
Net cash used in investing activities (1,136,129) (511,154)
Cash flows from financing activities:    
Payments on long-term debt (350,000) 0
Proceeds from revolving lines of credit and other 1,035,200 1,516
Payments on revolving lines of credit and other (735,200) 0
Purchase of treasury stock (300,030) (136,917)
Stock repurchased for payroll taxes and other (15,234) (14,110)
Dividends paid (125,228) (92,891)
Net cash used in financing activities (490,492) (242,402)
Net change in cash and cash equivalents (271,215) 216,293
Cash and cash equivalents at beginning of period 355,549 313,302
Cash and cash equivalents at end of period 84,334 529,595
Supplemental disclosure of cash flow information:    
Interest 48,694 45,643
Income taxes 156,304 140,992
Noncash investing activities    
Accruals for equipment received $ 70,903 $ 72,459