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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ 66,678 $ 243,565
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Depreciation 254,395 236,496
Amortization (includes amortization of deferred financing costs and discounts of $8,095 and $9,064 for the six months ended June 30, 2023 and 2022, respectively) 131,161 134,437
Revenue reduction associated with amortization of customer inducements and above- and below-market leases 3,491 3,681
Stock-based compensation expense 34,882 31,597
Provision (benefit) for deferred income taxes 2,799 (18,491)
Loss on early extinguishment of debt 0 671
(Gain) loss on disposal/write-down of property, plant and equipment, net (14,566) (51,954)
Loss (gain) on divestments and deconsolidations 0 105,825
Loss (gain) associated with the Clutter transactions 38,000  
Loss (gain) on divestments and deconsolidations   (35,821)
Foreign currency transactions and other, net 69,183 (58,821)
(Increase) decrease in assets (31,071) (194,756)
(Decrease) increase in liabilities (108,858) (50,505)
Cash Flows from Operating Activities 446,094 345,924
Cash Flows from Investing Activities:    
Capital expenditures (600,758) (330,220)
Cash paid for acquisitions, net of cash acquired (21,465) (718,657)
Acquisition of customer relationships 0 (148)
Customer inducements (2,630) (4,624)
Contract fulfillment costs (39,989) (33,951)
Investments in joint ventures and other investments (15,830) 0
Proceeds from sales of property and equipment and other, net 35,390 96,497
Cash Flows from Investing Activities (645,282) (991,103)
Cash Flows from Financing Activities:    
Repayment of revolving credit facility, term loan facilities and other debt (10,087,033) (5,351,720)
Proceeds from revolving credit facility, term loan facilities and other debt 9,683,880 6,255,829
Net proceeds from sale of senior note 990,000 0
Debt financing and equity contribution from noncontrolling interests 9,900 21,547
Debt repayment and equity distribution to noncontrolling interests (2,032) (1,392)
Parent cash dividends (367,060) (364,223)
Net (payments) proceeds associated with employee stock-based awards (15,782) (8,636)
Other, net (2,046) (9,405)
Cash Flows from Financing Activities 209,827 542,000
Effect of Exchange Rates on Cash and Cash Equivalents (2,943) (7,903)
Increase (decrease) in Cash and Cash Equivalents 7,696 (111,082)
Cash and Cash Equivalents, Beginning of Period 141,797 255,828
Cash and Cash Equivalents, End of Period 149,493 144,746
Supplemental Information:    
Cash Paid for Interest 270,146 227,633
Cash Paid for Income Taxes, Net 46,502 57,135
Non-Cash Investing and Financing Activities:    
Financing Leases and Other 61,085 12,878
Accrued Capital Expenditures 192,197 98,210
Deferred Purchase Obligations and Other Deferred Payments 9,290 276,017
Dividends Payable $ 192,597 $ 188,556