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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES      
Net income $ 504,893 $ 513,384 $ 509,699
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 92,977 74,669 66,409
Provision for doubtful accounts 13,489 5,136 11,538
Stock-based compensation 41,805 37,565 57,661
Deferred income taxes (28,096) 15,009 (17,095)
Excess tax benefit on stock-based compensation (13,657) (18,462) (8,548)
Other 4,491 1,907 7,409
Changes in operating elements, net of effects of acquisitions:      
Receivables (364,181) (173,211) 107,560
Prepaid expenses and other (9,173) (6,378) (228)
Other non-current assets (19,099) (3,934) 741
Accounts payable and outstanding checks 144,041 115,917 (53,272)
Accrued compensation 7,209 (47,570) 18,580
Accrued income taxes 18,817 19,921 13,726
Other accrued liabilities (9,515) (4,545) 4,156
Net cash provided by operating activities 384,001 529,408 718,336
INVESTING ACTIVITIES      
Purchases of property and equipment (40,122) (73,452) (28,115)
Purchases and development of software (17,823) (17,985) (16,527)
Acquisitions, net of cash acquired (49,068) (220,203) (369,833)
Restricted cash 0 0 359,388
Other (521) (1,348) 641
Net cash used for investing activities (107,534) (312,988) (54,446)
FINANCING ACTIVITIES      
Proceeds from stock issued for employee benefit plans 38,130 19,271 15,557
Stock tendered for payment of withholding taxes (21,557) (36,678) (11,368)
Repurchase of common stock (185,485) (172,925) (229,863)
Cash dividends (258,222) (245,430) (235,615)
Excess tax benefit on stock-based compensation 0 18,462 8,548
Proceeds from long-term borrowings 250,000 0 0
Proceeds from short-term borrowings 8,784,000 6,600,000 6,833,000
Payments on short-term borrowings (8,809,000) (6,310,000) (6,988,000)
Net cash used for financing activities (202,134) (127,300) (607,741)
Effect of exchange rates on cash 11,891 (9,683) (16,860)
Net change in cash and cash equivalents 86,224 79,437 39,289
Cash and cash equivalents, beginning of year 247,666 168,229 128,940
Cash and cash equivalents, end of year 333,890 247,666 168,229
Supplemental cash flow disclosures      
Cash paid for income taxes 262,861 269,187 311,800
Cash paid for interest 37,871 28,908 28,537
Accrued share repurchases held in other accrued liabilities $ 500 $ 5,988 $ 2,250