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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 603,154 $ 428,324
Depreciation and amortization 455,679 420,970
Other operating activities and non-cash items (20,396) 22,222
Changes in assets and liabilities (492,673) (239,897)
Net cash provided by operating activities 545,764 631,619
Cash flows from investing activities:    
Payments for property, plant and equipment (575,502) (491,425)
Proceeds from sale of property, plant and equipment 2,691 2,722
Proceeds from foreign exchange forward contracts 6,763 13,414
Payments for foreign exchange forward contracts (95,789) (51,296)
Payments for short-term investments (364,274) (348,822)
Proceeds from sale of short-term investments 26,202 70,085
Proceeds from maturities of short-term investments 274,452 165,774
Other investing activities 2,241 3,179
Net cash used in investing activities (723,216) (636,369)
Cash flows from financing activities:    
Proceeds from revolving credit facilities 80,000 0
Payments of revolving credit facilities (80,000) 0
Proceeds from short-term debt 29,711 15,514
Payments of short-term debt (21,662) (14,228)
Proceeds from issuance of long-term debt 250,000 154,784
Payments of long-term debt (183,493) (250,402)
Payments of finance lease obligations (26,938) (12,785)
Payments of dividends (36,725) (38,993)
Other financing activities (4,152) 9,462
Net cash provided by (used in) financing activities 6,741 (136,648)
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash (33,491) (10,770)
Net decrease in cash, cash equivalents and restricted cash (204,202) (152,168)
Cash, cash equivalents and restricted cash, beginning of period 831,521 702,197
Cash, cash equivalents and restricted cash, end of period 627,319 550,029
Non-cash investing and financing activities:    
Property, plant and equipment included in capital expenditures payable 270,476 393,781
Right of use assets acquired through finance lease liabilities 52,815 58,625
Right of use assets acquired through operating lease liabilities $ 46,178 $ 39,916