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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 380,754 $ 638,583
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 535,816 518,987
Share-based compensation expense 157,165 110,500
Provision for deferred income taxes 3,582 21,554
Gain on sale of businesses 0 (216,869)
Investment gains 0 (75,834)
Asset Impairment Charges 117,739 0
Changes in assets and liabilities:    
Receivables, net (33,948) (78,695)
Inventory (2,360) 8,206
Prepaid expenses and other (2,091) (36,664)
Accounts payable 27,467 (60,808)
Accrued income taxes 13,100 33,005
Deferred revenue 11,053 (32,071)
Other accrued liabilities 46,113 94,151
Net cash provided by operating activities 1,254,390 924,045
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital purchases (246,813) (238,053)
Capitalized software development costs (242,677) (224,710)
Purchases of investments (607,390) (511,378)
Sales and maturities of investments 753,347 213,309
Purchase of other intangibles (23,197) (29,698)
Acquisition of businesses, net of cash acquired (348,179) (35,766)
Sale of businesses 0 229,471
Disposition of assets held for sale 9,349 0
Net cash used in investing activities (705,560) (596,825)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Long-term debt issuance 500,000 300,000
Repayments of Long-term Debt 0 (2,500)
Proceeds from exercise of stock options 214,577 202,680
Payments to taxing authorities in connection with shares directly withheld from associates (62,159) (22,623)
Treasury stock purchases (1,125,000) (650,000)
Dividends paid (202,054) (166,277)
Other financing activities (18,441) (6,807)
Net cash provided by (used in) financing activities (693,077) (345,527)
Effect of exchange rate changes on cash and cash equivalents (11,828) (4,382)
Net increase (decrease) in cash and cash equivalents (156,075) (22,689)
Cash and cash equivalents at beginning of period 615,615 441,843
Cash and cash equivalents at end of period $ 459,540 $ 419,154