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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 302,525 $ 257,458
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, accretion, and amortization 364,235 350,716
Gain on remeasurement of U.S. denominated intercompany loans (85,268) (45,928)
Non-cash compensation expense 44,456 48,648
Non-cash asset impairment and decommission costs 51,784 16,966
Deferred and non-cash income tax (benefit) provision (258) 23,012
Other non-cash items reflected in the Statements of Operations 44,089 35,962
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net 49,566 (8,078)
Prepaid expenses and other assets (17,988) (14,805)
Operating lease right-of-use assets, net 75,226 69,180
Accounts payable and accrued expenses (24,504) (3,064)
Accrued interest 1,066 1,752
Long-term lease liabilities (68,967) (62,990)
Other liabilities 62,139 (4,232)
Net cash provided by operating activities 798,101 664,597
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions (39,737) (353,578)
Capital expenditures (112,583) (90,971)
Purchase of investments (627,310) (281,624)
Proceeds from sale of investments 606,801 242,622
Other investing activities (85,517) (2,144)
Net cash used in investing activities (258,346) (485,695)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under Revolving Credit Facility 140,000 330,000
Repayments under Revolving Credit Facility (410,000) (150,000)
Repurchase and retirement of common stock   (431,666)
Payment of dividends on common stock (186,070) (153,438)
Proceeds from employee stock purchase/stock option plans 19,308 20,240
Payments related to taxes on stock options and restricted stock units (27,377) (9,622)
Other financing activities (10,749) 18,482
Net cash used in financing activities (474,888) (376,004)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 1,359 12,454
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 66,226 (184,648)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:    
Beginning of period 189,283 435,626
End of period 255,509 250,978
Cash paid during the period for:    
Interest 201,424 167,803
Income taxes 16,158 14,060
SUPPLEMENTAL CASH FLOW INFORMATION OF NON-CASH ACTIVITIES:    
Right-of-use assets obtained in exchange for new operating lease liabilities 18,570 115,089
Operating lease modifications and reassessments 13,556 23,621
Right-of-use assets obtained in exchange for new finance lease liabilities $ 1,031 $ 2,392