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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 803,084 $ 889,254 $ 302,469
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 550,596 552,368 404,730
Deferred income taxes (498,654) (310,854) 6,356
Change in Redemption Note fair value 69,331 59,700 (65,043)
Property charges and other 56,974 44,004 42,670
Amortization of debt issuance costs 36,917 25,013 24,326
Stock-based compensation expense 35,040 43,971 43,722
Provision (benefit) for doubtful accounts 6,527 (6,711) 8,203
Change in derivatives fair value 4,520 1,056 (433)
Loss on extinguishment of debt 4,391 55,360 0
Excess tax benefits from stock-based compensation 0 0 (742)
Increase (decrease) in cash from changes in:      
Receivables, net (59,157) 829 (39,272)
Inventories and prepaid expenses and other (5,212) (4,372) (36,642)
Customer deposits (92,395) 456,005 163,217
Accounts payable and accrued expenses 49,527 70,954 116,985
Net cash provided by operating activities 961,489 1,876,577 970,546
Cash flows from investing activities:      
Capital expenditures, net of construction payables and retention (1,475,972) (935,474) (1,225,943)
Purchase of intangible and other assets (126,414) (13,571) (14,985)
Proceeds from sale of assets 54,213 20,374 3,872
Proceeds from the sale or maturity of investment securities 359,461 200,366 144,829
Purchase of investment securities (34,098) (229,328) (196,750)
Return of investment in unconsolidated affiliates 0 0 727
Net cash used in investing activities (1,222,810) (957,633) (1,288,250)
Cash flows from financing activities:      
Repayments of long-term debt (3,032,267) (2,959,843) (400,707)
Proceeds from issuance of long-term debt 2,788,925 2,429,988 1,430,313
Payments for financing costs (48,297) (91,174) (5,381)
Payment to acquire derivatives (3,900) 0 0
Proceeds from issuance of common stock, net of issuance costs 915,240 0 0
Dividends paid (569,781) (320,760) (325,217)
Distribution to noncontrolling interest (305,372) (11,436) (33)
Repurchase of common stock (159,544) (17,771) (14,017)
Proceeds from exercise of stock options 21,971 62,209 3,487
Shares of subsidiary repurchased for share award plan (6,232) (392) (7,580)
Sale of ownership interest in subsidiaries 75,000 180,000 217,000
Income taxes paid from sale of ownership interest of subsidiary 0 (25,176) 0
Payments on long-term land concession obligation 0 0 (15,978)
Excess tax benefits from stock-based compensation 0 0 742
Net cash (used in) provided by financing activities (324,257) (754,355) 882,629
Effect of exchange rate on cash (1,733) (3,900) (1,129)
Cash, cash equivalents and restricted cash:      
Increase (decrease) in cash, cash equivalents and restricted cash (587,311) 160,689 563,796
Balance, beginning of period 2,806,634 2,645,945  
Balance, end of period 2,219,323 2,806,634 2,645,945
Supplemental cash flow disclosures      
Cash paid for interest, net of amounts capitalized 378,023 367,074 265,076
Cash paid for income taxes 1,885 37,089 2,040
Property and equipment acquired under capital lease 0 16,593 0
Stock-based compensation capitalized into construction 11 80 92
Liability settled with shares of common stock 1,800 19,225 0
Change in accounts and construction payables related to property and equipment 35,934 (35,447) (34,049)
Change in dividends payable on unvested restricted stock included in other accrued liabilities 1,669 323 (11,291)
Note receivable acquired from sale of ownership interest in subsidiary $ 0 $ 0 $ 72,464