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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Statement of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of year $ 1,192,230 $ 889,900
Cash flows from operating activities:    
Net loss (63,450) (1,220,588)
Adjustments to reconcile net loss to cash flows from operating activities:    
Depreciation and amortization 494,968 425,532
Non-cash goodwill impairment charges 181,070 0
Non-cash restructuring and asset write-offs 0 1,075,888
Stock-based compensation and other 28,048 24,443
Equity in net income of unconsolidated investments (net of tax) (203,184) (696,436)
Dividends received from unconsolidated investments and nonmarketable securities 89,048 348,358
Pension and postretirement expense 5,361 3,806
Pension and postretirement contributions (15,849) (13,339)
Realized loss on investments in marketable securities 0 33,746
Unrealized (gain) loss on investments in marketable securities (4,955) 26,982
Deferred income taxes 10,316 (112,777)
Working capital changes 46,478 830,851
Noncurrent liability changes and other, net 325,931 (34,211)
Net cash provided by operating activities 893,782 692,255
Cash flows from investing activities:    
Capital expenditures (434,416) (1,337,719)
Proceeds from sale of property and equipment 25,651 0
Proceeds from sale of available for sale debt securities 288,000 0
Proceeds (payments) from settlement of foreign currency forward contracts, net 144,540 (1,956)
Sales of marketable securities, net 7,038 83,651
Investments in equity investments and nonmarketable securities (180) (217)
Net cash provided by (used in) investing activities 30,633 (1,256,241)
Cash flows from financing activities:    
Proceeds from issuance of mandatory convertible preferred stock, net of issuance costs 0 2,236,750
Repayments of long-term debt and credit agreements (47,947) (84,403)
Proceeds from borrowings of long-term debt and credit agreements 38,332 84,403
Other debt repayments, net (3,694) (629,434)
Dividends paid to common shareholders (142,899) (140,929)
Dividends paid to mandatory convertible preferred shareholders (125,063) (81,059)
Dividends paid to noncontrolling interests (18,169) (37,176)
Proceeds from exercise of stock options 1,494 114
Withholding taxes paid on stock-based compensation award distributions (3,170) (10,892)
Other (55) (2,758)
Net cash (used in) provided by financing activities (301,171) 1,334,616
Net effect of foreign exchange on cash and cash equivalents 116,284 3,989
Increase in cash and cash equivalents 739,528 774,619
Cash and cash equivalents at end of period $ 1,931,758 $ 1,664,519