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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net income $ 400,964 $ 478,663
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation & amortization 250,602 241,208
Loss on sale of assets and businesses 2,161  
Stock-based compensation expense 33,954 34,676
Changes in assets & liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable 131,294 (101,329)
Accrued interest (2,191) 948
Accrued and deferred income taxes 116,707 (16,846)
Other working capital accounts 26,361 30,082
Medicare accelerated payments and deferred governmental stimulus grants 477,099  
Other assets and deferred charges 5,095 (1,333)
Other (7,659) (1,209)
Accrued insurance expense, net of commercial premiums paid 81,016 51,819
Payments made in settlement of self-insurance claims (64,034) (44,115)
Net cash provided by operating activities 1,451,369 672,564
Cash Flows from Investing Activities:    
Property and equipment additions, net of disposals (354,610) (323,920)
Proceeds received from sales of assets and businesses 6,440  
Acquisition of businesses and property (968)  
Inflows from foreign exchange contracts that hedge our net U.K. investment 57,029 4,885
Costs incurred for purchase and implementation of information technology applications (4,421) (13,893)
Investment in, and advances to, joint ventures and other (285) (11,949)
Net cash used in investing activities (296,815) (344,877)
Cash Flows from Financing Activities:    
Reduction of long-term debt (459,332) (28,617)
Additional borrowings 5,453 177,200
Repurchase of common shares (200,054) (494,649)
Dividends paid (17,344) (17,953)
Issuance of common stock 5,852 5,271
Profit distributions to noncontrolling interests (8,885) (11,650)
Net cash used in financing activities (674,310) (370,398)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (1,639) (273)
Increase (decrease) in cash, cash equivalents and restricted cash 478,605 (42,984)
Cash, cash equivalents and restricted cash, beginning of period 105,667 199,685
Cash, cash equivalents and restricted cash, end of period 584,272 156,701
Supplemental Disclosures of Cash Flow Information:    
Interest paid 61,802 78,623
Income taxes paid, net of refunds 14,394 145,404
Noncash purchases of property and equipment 80,031 71,923
Right-of-use assets obtained in exchange for lease obligations $ 37,780 $ 359,329