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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income (loss) $ 1,675,000 $ 1,158,000 $ 1,056,000
Adjustments to reconcile income (loss) from continuing operations to net cash provided by (used for) operating activities:      
Depreciation, amortization and accretion 1,707,000 1,644,000 1,608,000
(Gains) losses on retirement of long-term obligations [1] 28,000 145,000 95,000
Amortization of deferred financing costs and other non-cash interest, net 17,000 13,000 6,000
Stock-based compensation expense 156,000 129,000 138,000
Asset write-down charges 34,000 21,000 74,000
Deferred income tax (benefit) provision 3,000 4,000 3,000
Other non-cash adjustments, net 5,000 21,000 5,000
Changes in assets and liabilities, excluding the effects of acquisitions:      
Increase (decrease) in accrued interest 0 (17,000) 31,000
Increase (decrease) in accounts payable (5,000) 15,000 (77,000)
Increase (decrease) in other liabilities (281,000) (118,000) (65,000)
Decrease (increase) in receivables (49,000) (113,000) 166,000
Decrease (increase) in other assets (412,000) (113,000) 15,000
Net cash provided by (used for) operating activities 2,878,000 2,789,000 3,055,000
Cash flows from investing activities:      
Capital expenditures 1,310,000 1,229,000 1,624,000
Payments for acquisitions, net of cash acquired 35,000 111,000 107,000
Other investing activities, net (7,000) 8,000 (10,000)
Net cash provided by (used for) investing activities (1,352,000) (1,332,000) (1,741,000)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 748,000 3,985,000 3,733,000
Principal payments on debt and other long-term obligations 74,000 1,076,000 105,000
Purchases and redemptions of long-term debt 1,274,000 2,089,000 2,490,000
Borrowings under revolving credit facility 3,495,000 1,245,000 2,430,000
Payments under revolving credit facility 2,855,000 870,000 2,665,000
Net issuances (repayments) under commercial paper program 976,000 (20,000) 130,000
Payments for financing costs 14,000 42,000 38,000
Purchases of common stock 65,000 70,000 76,000
Dividends/distributions paid on common stock 2,602,000 2,373,000 2,105,000
Dividends/distributions paid on preferred stock 0 0 85,000
Net cash provided by (used for) financing activities (1,665,000) (1,310,000) (1,271,000)
Net increase (decrease) in cash, cash equivalents, and restricted cash from continuing operations (139,000) 147,000 43,000
Net Cash Provided by (Used in) Discontinued Operations 0 (62,000) 0
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 0 0 0
Cash Provided by (Used in) Operating Activities, Discontinued Operations 0 (62,000) 0
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 466,000 381,000 338,000
Cash, Cash Equivalents and Restricted Cash - End of Period $ 327,000 $ 466,000 $ 381,000
[1] Inclusive of the write-off of the respective deferred financing costs.