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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net income $ 930,725 $ 642,791
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 259,822 218,377
Loss on software disposal 0 61,063
Share-based compensation 27,773 20,841
Gain on sale of real estate (102,803) 0
Intangible asset impairment 17,461 0
Excess tax benefits from share-based compensation (3,868) (6,667)
Changes in operating assets and liabilities 115,481 71,791
Net cash provided by operating activities 1,244,591 1,008,196
Investing activities:    
Purchases of property, plant and equipment (243,998) (138,206)
Proceeds from sale of property, plant and equipment 141,228 24,184
Proceeds from divestitures of businesses 32,620 16,687
Acquisitions of businesses and other investing activities (1,586,812) (142,567)
Net cash used in investing activities (1,656,962) (239,902)
Financing activities:    
Proceeds from debt 4,547,511 242,332
Payments on debt (3,586,954) (403,126)
Share-based awards exercised (15,444) (19,398)
Dividends paid (369,483) (349,293)
Purchases of stock (172,727) (283,886)
Other financing activities (16,869) (5,353)
Net cash provided by (used in) financing activities 386,034 (818,724)
Effect of exchange rate changes on cash and cash equivalents (59,166) (20,639)
Net decrease in cash and cash equivalents (85,503) (71,069)
Cash and cash equivalents at beginning of period 714,701 990,166
Cash and cash equivalents at end of period $ 629,198 $ 919,097