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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 204,959 $ 281,907
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 354,567 343,941
Share-based compensation expense 101,891 72,580
Provision for deferred income taxes 3,232 12,884
Investment gains 0 (26,410)
Asset Impairment Charges 115,812 0
Changes in assets and liabilities:    
Receivables, net (41,751) (48,426)
Inventory 2,868 5,509
Prepaid expenses and other 9,914 (36,431)
Accounts payable 54,088 (31,711)
Accrued income taxes 11,585 26,358
Deferred revenue (676) (66,137)
Other accrued liabilities 3,080 8,032
Net cash provided by operating activities 819,569 542,096
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital purchases (199,281) (166,296)
Capitalized software development costs (167,108) (151,393)
Purchases of investments (558,686) (91,957)
Sales and maturities of investments 380,156 81,022
Purchase of other intangibles (16,031) (20,656)
Acquisition of businesses, net of cash acquired (349,869) (35,766)
Net cash used in investing activities (910,819) (385,046)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Long-term debt issuance 500,000 300,000
Proceeds from exercise of stock options 154,900 156,908
Payments to taxing authorities in connection with shares directly withheld from associates (36,346) (14,217)
Treasury stock purchases (750,000) (650,000)
Dividends paid (135,260) (111,101)
Other financing activities (8,672) (4,159)
Net cash provided by (used in) financing activities (275,378) (322,569)
Effect of exchange rate changes on cash and cash equivalents (2,583) (6,429)
Net increase (decrease) in cash and cash equivalents (369,211) (171,948)
Cash and cash equivalents at beginning of period 615,615 441,843
Cash and cash equivalents at end of period $ 246,404 $ 269,895