XML 30 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities:    
Net income $ 517,945 $ 452,944
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property, equipment and intangibles 136,071 132,496
Amortization of debt discount and issuance costs 1,526 1,295
Excess tax benefit from stock options exercised (25,195) (30,138)
Deferred income taxes 8,501 18,412
Share-based compensation programs 16,485 16,576
Other 4,635 5,402
Changes in operating assets and liabilities:    
Accounts receivable (24,489) (22,748)
Inventory (88,206) (221,706)
Accounts payable 146,413 584,089
Income taxes payable 18,842 68,622
Other 7,320 27,882
Net cash provided by operating activities 719,848 1,033,126
Investing activities:    
Purchases of property and equipment (299,511) (217,341)
Proceeds from sale of property and equipment 1,101 2,600
Payments received on notes receivable 3,905 3,115
Net cash used in investing activities (294,505) (211,626)
Financing activities:    
Proceeds from the issuance of long-term debt 299,976 298,881
Payment of debt issuance costs (2,967) (2,229)
Principal payments on capital leases (207) (742)
Repurchases of common stock (687,162) (1,133,518)
Excess tax benefit from stock options exercised 25,195 30,138
Net proceeds from issuance of common stock 54,702 47,123
Net cash used in financing activities (310,463) (760,347)
Net increase in cash and cash equivalents 114,880 61,153
Cash and cash equivalents at beginning of period 248,128 [1] 361,552
Cash and cash equivalents at end of period 363,008 422,705
Supplemental disclosures of cash flow information:    
Income taxes paid 271,898 187,750
Interest paid, net of capitalized interest $ 44,060 $ 35,960
[1] The balance sheet at December 31, 2012, has been derived from the audited consolidated financial statements at that date, but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.