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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 498.6 $ 921.7
Adjustments to reconcile net income to cash provided by operating activities    
Depreciation, amortization and accretion 492.5 549.4
Stock-based compensation expense 53.4 64.9
Other non-cash items reflected in statements of operations 351.3 (41.8)
Increase in net deferred rent balances (17.1) (79.0)
Right-of-use asset and Operating lease liability, net 15.6 8.8
Changes in unearned revenue 109.8 130.4
Increase in assets (155.8) (99.3)
Decrease in liabilities (53.3) (171.5)
Cash provided by operating activities 1,295.0 1,283.6
CASH FLOWS FROM INVESTING ACTIVITIES    
Payments for purchase of property and equipment and construction activities (331.1) (396.7)
Payments for acquisitions, net of cash acquired (147.6) (44.7)
Proceeds from sale of short-term investments and other non-current assets 137.7 6.0
Deposits and other (9.1) (0.7)
Cash used for investing activities (350.1) (436.1)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from short-term borrowings, net 0.0 8.7
Borrowings under credit facilities 850.0 2,790.5
Proceeds from issuance of senior notes, net 998.0 1,293.0
Proceeds from other borrowings 1.2 0.0
Repayments of notes payable, credit facilities, senior notes, secured debt, term loans and finance leases (1,840.7) (3,568.4)
Distributions to noncontrolling interest holders (29.0) (160.6)
Contributions from noncontrolling interest holders 0.8 101.4
Proceeds from stock options 19.2 13.9
Distributions paid on common stock (768.5) (802.1)
Deferred financing costs and other financing activities (74.8) (66.6)
Cash used for financing activities (843.8) (390.2)
Net effect of changes in foreign currency exchange rates on cash and cash equivalents, and restricted cash 29.9 (34.0)
NET INCREASE IN CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH 131.0 423.3
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD 2,108.2 2,093.4
CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD 2,239.2 2,516.7
CASH PAID FOR INCOME TAXES (NET OF REFUNDS OF $1.6 AND $3.4, RESPECTIVELY) 32.9 66.5
CASH PAID FOR INTEREST 370.1 442.3
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Purchases of property and equipment under finance leases and perpetual easements 1.4 3.6
Decrease in accounts payable and accrued expenses for purchases of property and equipment and construction activities (41.1) (54.6)
Distributions to noncontrolling interest holders 0.0 (37.5)
Contributions from noncontrolling interest holders $ 0.0 $ 37.5