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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 171,228 $ 120,019
Depreciation and amortization 148,192 135,390
Other operating activities and non-cash items 11,061 2,370
Changes in assets and liabilities (164,303) (80,991)
Net cash provided by operating activities 166,178 176,788
Cash flows from investing activities:    
Payments for property, plant and equipment (158,154) (110,351)
Proceeds from sale of property, plant and equipment 416 547
Proceeds from foreign exchange forward contracts 1,828 2,960
Payments for foreign exchange forward contracts (29,803) (28,306)
Payments for short-term investments (125,693) (92,879)
Proceeds from sale of short-term investments 4,246 19,838
Proceeds from maturities of short-term investments 66,694 43,790
Other investing activities 457 29
Net cash used in investing activities (240,009) (164,372)
Cash flows from financing activities:    
Proceeds from short-term debt 18,112 3,679
Payments of short-term debt (3,790) (7,803)
Proceeds from issuance of long-term debt 150,000 50,000
Payments of long-term debt (35,973) (79,684)
Payments of finance lease obligations (7,538) (3,216)
Payments of dividends (12,228) (19,457)
Other financing activities 653 7,037
Net cash provided by (used in) financing activities 109,236 (49,444)
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash (7,795) (10,397)
Net increase (decrease) in cash, cash equivalents and restricted cash 27,610 (47,425)
Cash, cash equivalents and restricted cash, beginning of period 831,521 702,197
Cash, cash equivalents and restricted cash, end of period 859,131 654,772
Non-cash investing and financing activities:    
Property, plant and equipment included in capital expenditures payable 268,146 273,971
Right of use assets acquired through finance lease liabilities 6,438 0
Right of use assets acquired through operating lease liabilities $ 27,246 $ 8,109