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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES:    
Net income $ 2,896,223 $ 1,461,079
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 135,736 101,953
Amortization 129,476 127,375
Provision for uncollectible accounts, net 42,575 32,401
Deferred income tax benefit (25,655) (71,972)
Stock-based compensation expense and other stock-based payments 192,548 175,131
Amortization of debt issuance costs 6,827 5,747
Amortization of debt discount 52,909 51,512
Loss on early extinguishment of debt 1,093 0
Impairment of goodwill 0 940,700
Impairment of cost-method investments 0 63,208
Excess tax benefits on stock-based awards and other equity deductions 0 72,116
Changes in assets and liabilities:    
Accounts receivable (479,184) (470,295)
Prepaid expenses and other current assets (136,304) (104,097)
Accounts payable, accrued expenses and other current liabilities 640,960 523,279
Other 31,221 (20,968)
Net cash provided by operating activities 3,488,425 2,887,169
INVESTING ACTIVITIES:    
Purchase of investments (5,338,444) (4,820,737)
Proceeds from sale of investments 2,471,883 2,835,570
Additions to property and equipment (223,692) (168,076)
Acquisitions and other investments, net of cash acquired (552,805) (811)
Acquisition of land use rights 0 (48,494)
Net cash used in investing activities (3,643,058) (2,202,548)
FINANCING ACTIVITIES:    
Proceeds from the issuance of long-term debt 2,044,952 994,705
Payments related to conversion of senior notes (89,575) 0
Payment of debt (15,118) 0
Payments for repurchase of common stock (1,123,102) (754,342)
Proceeds from exercise of stock options 4,303 13,262
Net cash provided by financing activities 821,460 253,625
Effect of exchange rate changes on cash, cash equivalents and restricted cash 99,037 6,809
Net increase in cash, cash equivalents and restricted cash 765,864 945,055
Cash, cash equivalents and restricted cash, beginning of period 2,082,007 1,478,071
Cash, cash equivalents and restricted cash, end of period 2,847,871 2,423,126
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid during the period for income taxes 601,248 612,612
Cash paid during the period for interest 110,745 87,427
Non-cash financing activity $ 1,000 $ 0