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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities    
Net Loss $ (47,910) $ (1,167,142)
Adjustments:    
Depreciation and amortization 359,773 339,467
Net deferred income tax benefit (11,366) (3,067)
(Gain) loss on derivative instruments not designated as hedges (3,397) 10,873
Share-based compensation expense 26,270 22,839
Equity investment (income) loss (20,471) 31,059
Amortization of debt issuance costs, discounts and premiums 30,070 43,190
Loss on extinguishment of debt 13,289 0
Changes in operating assets and liabilities:    
Decrease (increase) in trade and other receivables, net 122,940 (32,236)
Decrease (increase) in inventories 2,716 (29,242)
Increase in prepaid expenses and other assets (78,489) (124,394)
Increase in accounts payable trade 56,682 112,426
Decrease in accrued expenses and other liabilities (258,713) (119,068)
Increase in customer deposits 1,102,592 406,534
Other, net 15,932 (20,086)
Net cash provided by (used in) operating activities 1,309,918 (528,847)
Investing Activities    
Purchases of property and equipment (251,933) (1,363,086)
Cash received on settlement of derivative financial instruments 5,405 5,650
Cash paid on settlement of derivative financial instruments (5,658) (77,853)
Cash received on loans to unconsolidated affiliates 5,392 4,444
Other, net 12,694 (12,296)
Net cash used in investing activities (234,100) (1,443,141)
Financing Activities    
Debt proceeds 705,000 2,349,969
Debt issuance costs (27,213) (93,763)
Repayments of debt (2,663,665) (1,007,632)
Proceeds from sale of noncontrolling interest 209,320 0
Other, net (7,617) (10,843)
Net cash (used in) provided by financing activities (1,784,175) 1,237,731
Effect of exchange rate changes on cash and cash equivalents 223 991
Net decrease in cash and cash equivalents (708,134) (733,266)
Cash and cash equivalents at beginning of period 1,935,005 2,701,770
Cash and cash equivalents at end of period 1,226,871 1,968,504
Cash paid during the period for:    
Interest, net of amount capitalized 389,294 225,771
Non-cash Investing Activities    
Purchase of property and equipment included in accounts payable and accrued expenses and other liabilities $ 19,321 $ 31,899