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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 45,224 $ 171,228
Depreciation and amortization 156,762 148,192
Other operating activities and non-cash items (2,821) 11,061
Changes in assets and liabilities (23,419) (164,303)
Net cash provided by operating activities 175,746 166,178
Cash flows from investing activities:    
Payments for property, plant and equipment (98,224) (158,154)
Proceeds from sale of property, plant and equipment 652 416
Proceeds from foreign exchange forward contracts 20,267 1,828
Payments for foreign exchange forward contracts (20,358) (29,803)
Payments for short-term investments (172,409) (125,693)
Proceeds from sale of short-term investments 21,549 4,246
Proceeds from maturities of short-term investments 92,655 66,694
Other investing activities 164 457
Net cash used in investing activities (155,704) (240,009)
Cash flows from financing activities:    
Proceeds from revolving credit facilities 370,000 0
Payments of revolving credit facilities (370,000) 0
Proceeds from short-term debt 11,042 18,112
Payments of short-term debt (5,840) (3,790)
Proceeds from issuance of long-term debt 0 150,000
Payments of long-term debt (35,980) (35,973)
Payments of finance lease obligations (15,148) (7,538)
Payments of dividends (18,430) (12,228)
Other financing activities (1,850) 653
Net cash (used in) provided by financing activities (66,206) 109,236
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash (2,943) (7,795)
Net (decrease) increase in cash, cash equivalents and restricted cash (49,107) 27,610
Cash, cash equivalents and restricted cash, beginning of period 962,406 831,521
Cash, cash equivalents and restricted cash, end of period 913,299 859,131
Non-cash investing and financing activities:    
Property, plant and equipment included in capital expenditures payable 177,615 268,146
Right of use assets acquired through finance lease liabilities 17,513 6,438
Right of use assets acquired through operating lease liabilities $ 3,180 $ 27,246