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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net earnings $ 516,320 $ 489,585 $ 686,263
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 499,145 435,893 383,518
Noncash lease expense 39,517 0 0
Share-based compensation 53,324 47,369 38,291
Loss on sale of revenue equipment and other 13,057 12,107 7,370
Advance deposit impairment 0 0 20,240
Deferred income taxes 55,617 101,591 (248,764)
Changes in operating assets and liabilities:      
Trade accounts receivable 50,310 (130,931) (166,111)
Income taxes receivable or payable 41,447 (41,071) (45,542)
Other current assets (4,975) (6,133) 69,462
Trade accounts payable (85,327) 98,037 85,237
Claims accruals (20,727) 21,580 25,021
Accrued payroll and other accrued expenses (59,361) 59,814 168
Net cash provided by operating activities 1,098,347 1,087,841 855,153
Cash flows from investing activities:      
Additions to property and equipment (854,115) (995,650) (526,928)
Proceeds from sale of equipment 165,918 110,165 16,413
Business acquisition (115,654) 0 (136,879)
Change in other assets (111) (1,288) (3,888)
Net cash used in investing activities (803,962) (886,773) (651,282)
Cash flows from financing activities:      
Proceeds from long-term debt 700,000 0 0
Payments on long-term debt (250,000) 0 0
Proceeds from revolving lines of credit and other 1,591,014 3,204,715 2,716,155
Payments on revolving lines of credit and other (1,904,000) (3,137,900) (2,612,501)
Purchase of treasury stock (275,657) (150,338) (179,813)
Stock repurchased for payroll taxes and other (16,525) (19,563) (18,115)
Dividends paid (111,817) (104,994) (101,362)
Net cash used in financing activities (266,985) (208,080) (195,636)
Net increase/(decrease) in cash and cash equivalents 27,400 (7,012) 8,235
Cash and cash equivalents at beginning of year 7,600 14,612 6,377
Cash and cash equivalents at end of year 35,000 7,600 14,612
Supplemental disclosure of cash flow information:      
Interest 46,721 39,901 28,785
Income taxes 71,681 83,822 190,783
Noncash investing activities      
Accruals for equipment received $ 25,505 $ 49,390 $ 53,026