XML 95 R81.htm IDEA: XBRL DOCUMENT v3.10.0.1
Selected Consolidated Financial Statements of Parent, Guarantors, Canada Company and Non-Guarantors - Consolidated Statement of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities:      
Cash Flows from Operating Activities $ 936,544 $ 724,259 $ 541,216
Cash Flows from Operating Activities-Discontinued Operations (995) (3,291) 2,679
Cash Flows from Operating Activities 935,549 720,968 543,895
Cash Flows from Investing Activities:      
Capital expenditures (460,062) (343,131) (328,603)
Cash paid for acquisitions, net of cash acquired (1,758,557) (219,705) (291,965)
Intercompany loans to subsidiaries 0 0 0
Investment in subsidiaries   0 0
Acquisitions of customer relationships and customer inducements (98,687) (75,185) (50,766)
Net proceeds from divestments (see Note 13) 1,019 29,236 30,654
Proceeds from sales of property and equipment and other, net (including real estate) and proceeds from involuntary conversion of property and equipment 86,159 9,337 7,977
Cash Flows from Investing Activities-Continuing Operations (2,230,128) (599,448) (632,703)
Cash Flows from Investing Activities-Discontinued Operations 8,250 0 96,712
Cash Flows from Investing Activities (2,221,878) (599,448) (535,991)
Cash Flows from Financing Activities:      
Repayment of revolving credit and term loan facilities, bridge facilities and other debt (14,192,139) (14,429,695) (14,851,440)
Proceeds from revolving credit and term loan facilities, bridge facilities and other debt 15,351,614 13,917,055 14,544,388
Early retirement of senior subordinated notes 0 (1,746,856) 0
Net proceeds from sales of senior notes 0 2,656,948 925,443
Debit (payments) balances under cash pools 0 0  
Debt (repayment to) financing from and equity (distribution to) contribution from noncontrolling interests, net (2,523) 9,079 (466)
Intercompany loans from parent 0 0 0
Equity contribution from parent   0 0
Parent cash dividends (673,635) (439,999) (505,871)
Net proceeds associated with the Equity Offering, including Over-Allotment Option 76,192 516,462 0
Net proceeds associated with the At The Market (ATM) Program 8,716    
Net proceeds (payments) associated with employee stock-based awards (1,142) 13,095 31,922
Net proceeds associated with the Equity Offering, including Over-Allotment Option   516,462  
Excess tax benefit from employee stock-based awards 8,716 59,129 0
Payment of debt financing and stock issuance costs (16,405) (14,793) (18,603)
Cash Flows from Financing Activities 550,678 540,425 125,373
Cash Flows from Financing Activities-Continuing Operations 550,678 540,425 125,373
Cash Flows from Financing Activities-Discontinued Operations 0 0 0
Effect of exchange rates on cash and cash equivalents (24,563) 27,270 (25,174)
Increase (Decrease) in cash and cash equivalents (760,214) 689,215 108,103
Cash and cash equivalents, including Restricted Cash, beginning of year 925,699 236,484 128,381
Cash and cash equivalents, including Restricted Cash, end of year 165,485 925,699 236,484
Eliminations      
Cash Flows from Operating Activities:      
Cash Flows from Operating Activities 0 0 0
Cash Flows from Operating Activities-Discontinued Operations 0 0 0
Cash Flows from Operating Activities 0 0 0
Cash Flows from Investing Activities:      
Capital expenditures 0 0 0
Cash paid for acquisitions, net of cash acquired 0 0 0
Intercompany loans to subsidiaries (896,368) 1,335,554 11,493
Investment in subsidiaries   16,170 3,170
Acquisitions of customer relationships and customer inducements 0 0 0
Net proceeds from divestments (see Note 13) 0 0 0
Proceeds from sales of property and equipment and other, net (including real estate) and proceeds from involuntary conversion of property and equipment 0 0 0
Cash Flows from Investing Activities-Continuing Operations (896,368) 1,351,724 14,663
Cash Flows from Investing Activities-Discontinued Operations 0 0 0
Cash Flows from Investing Activities (896,368) 1,351,724 14,663
Cash Flows from Financing Activities:      
Repayment of revolving credit and term loan facilities, bridge facilities and other debt 0 0 0
Proceeds from revolving credit and term loan facilities, bridge facilities and other debt 0 0 0
Early retirement of senior subordinated notes   0  
Net proceeds from sales of senior notes   0 0
Debit (payments) balances under cash pools 29,111 (94,726)  
Debt (repayment to) financing from and equity (distribution to) contribution from noncontrolling interests, net 0 0 0
Intercompany loans from parent 896,368 (1,335,554) (11,493)
Equity contribution from parent   (16,170) (3,170)
Parent cash dividends 0 0 0
Net proceeds associated with the Equity Offering, including Over-Allotment Option 0    
Net proceeds associated with the At The Market (ATM) Program 0    
Net proceeds (payments) associated with employee stock-based awards 0 0 0
Net proceeds associated with the Equity Offering, including Over-Allotment Option   0  
Excess tax benefit from employee stock-based awards   0  
Payment of debt financing and stock issuance costs 0 0 0
Cash Flows from Financing Activities 925,479 (1,446,450) (14,663)
Cash Flows from Financing Activities-Continuing Operations 925,479 (1,446,450) (14,663)
Cash Flows from Financing Activities-Discontinued Operations 0 0 0
Effect of exchange rates on cash and cash equivalents 0 0 0
Increase (Decrease) in cash and cash equivalents 29,111 (94,726) 0
Cash and cash equivalents, including Restricted Cash, beginning of year (94,726) 0 0
Cash and cash equivalents, including Restricted Cash, end of year (65,615) (94,726) 0
Parent | Reportable legal entities      
Cash Flows from Operating Activities:      
Cash Flows from Operating Activities (217,819) (203,403) (168,389)
Cash Flows from Operating Activities-Discontinued Operations 0 0 0
Cash Flows from Operating Activities (217,819) (203,403) (168,389)
Cash Flows from Investing Activities:      
Capital expenditures 0 0 0
Cash paid for acquisitions, net of cash acquired 0 0 0
Intercompany loans to subsidiaries 805,799 (990,635) 175,092
Investment in subsidiaries   (16,170) (1,585)
Acquisitions of customer relationships and customer inducements 0 0 0
Net proceeds from divestments (see Note 13) 0 0 0
Proceeds from sales of property and equipment and other, net (including real estate) and proceeds from involuntary conversion of property and equipment 0 0 0
Cash Flows from Investing Activities-Continuing Operations 805,799 (1,006,805) 173,507
Cash Flows from Investing Activities-Discontinued Operations 0 0 0
Cash Flows from Investing Activities 805,799 (1,006,805) 173,507
Cash Flows from Financing Activities:      
Repayment of revolving credit and term loan facilities, bridge facilities and other debt 0 (262,579) (1,163,654)
Proceeds from revolving credit and term loan facilities, bridge facilities and other debt 0 224,660 1,150,628
Early retirement of senior subordinated notes   (1,031,554)  
Net proceeds from sales of senior notes   2,134,870 492,500
Debit (payments) balances under cash pools 0 0  
Debt (repayment to) financing from and equity (distribution to) contribution from noncontrolling interests, net 0 0 0
Intercompany loans from parent 0 0 0
Equity contribution from parent   0 0
Parent cash dividends (673,635) (439,999) (505,871)
Net proceeds associated with the Equity Offering, including Over-Allotment Option 76,192    
Net proceeds associated with the At The Market (ATM) Program 8,716    
Net proceeds (payments) associated with employee stock-based awards (1,142) 13,095 31,922
Net proceeds associated with the Equity Offering, including Over-Allotment Option   516,462  
Excess tax benefit from employee stock-based awards   59,129  
Payment of debt financing and stock issuance costs (412) (3,848) (8,389)
Cash Flows from Financing Activities (590,281) 1,210,236 (2,864)
Cash Flows from Financing Activities-Continuing Operations (590,281) 1,210,236 (2,864)
Cash Flows from Financing Activities-Discontinued Operations 0 0 0
Effect of exchange rates on cash and cash equivalents 0 0 0
Increase (Decrease) in cash and cash equivalents (2,301) 28 2,254
Cash and cash equivalents, including Restricted Cash, beginning of year 2,433 2,405 151
Cash and cash equivalents, including Restricted Cash, end of year 132 2,433 2,405
Guarantors | Reportable legal entities      
Cash Flows from Operating Activities:      
Cash Flows from Operating Activities 877,864 738,256 633,808
Cash Flows from Operating Activities-Discontinued Operations (995) (1,345) 1,076
Cash Flows from Operating Activities 876,869 736,911 634,884
Cash Flows from Investing Activities:      
Capital expenditures (312,856) (235,996) (192,736)
Cash paid for acquisitions, net of cash acquired (1,338,888) (96,946) 4,007
Intercompany loans to subsidiaries 90,569 (344,919) (166,400)
Investment in subsidiaries   0 (1,585)
Acquisitions of customer relationships and customer inducements (73,429) (63,765) (40,217)
Net proceeds from divestments (see Note 13) 1,019 0 0
Proceeds from sales of property and equipment and other, net (including real estate) and proceeds from involuntary conversion of property and equipment 299 12,963 5,235
Cash Flows from Investing Activities-Continuing Operations (1,633,286) (728,663) (391,696)
Cash Flows from Investing Activities-Discontinued Operations 8,250 0 78,564
Cash Flows from Investing Activities (1,625,036) (728,663) (313,132)
Cash Flows from Financing Activities:      
Repayment of revolving credit and term loan facilities, bridge facilities and other debt (7,355,086) (8,077,553) (7,511,941)
Proceeds from revolving credit and term loan facilities, bridge facilities and other debt 8,445,509 7,650,617 7,144,874
Early retirement of senior subordinated notes   0  
Net proceeds from sales of senior notes   0 246,250
Debit (payments) balances under cash pools (45,621) 56,233  
Debt (repayment to) financing from and equity (distribution to) contribution from noncontrolling interests, net 0 0 0
Intercompany loans from parent (856,911) 982,783 (183,454)
Equity contribution from parent   0 1,585
Parent cash dividends 0 0 0
Net proceeds associated with the Equity Offering, including Over-Allotment Option 0    
Net proceeds associated with the At The Market (ATM) Program 0    
Net proceeds (payments) associated with employee stock-based awards 0 0 0
Net proceeds associated with the Equity Offering, including Over-Allotment Option   0  
Excess tax benefit from employee stock-based awards   0  
Payment of debt financing and stock issuance costs (12,391) (9,391) (3,489)
Cash Flows from Financing Activities 175,500 602,689 (306,175)
Cash Flows from Financing Activities-Continuing Operations 175,500 602,689 (306,175)
Cash Flows from Financing Activities-Discontinued Operations 0 0 0
Effect of exchange rates on cash and cash equivalents 0 0 0
Increase (Decrease) in cash and cash equivalents (572,667) 610,937 15,577
Cash and cash equivalents, including Restricted Cash, beginning of year 634,317 23,380 7,803
Cash and cash equivalents, including Restricted Cash, end of year 61,650 634,317 23,380
Non-Guarantor Subsidiaries | Reportable legal entities      
Cash Flows from Operating Activities:      
Cash Flows from Operating Activities 276,499 189,406 33,912
Cash Flows from Operating Activities-Discontinued Operations 0 (1,946) (107)
Cash Flows from Operating Activities 276,499 187,460 33,805
Cash Flows from Investing Activities:      
Capital expenditures (147,206) (107,135) (125,583)
Cash paid for acquisitions, net of cash acquired (419,669) (122,759) (293,567)
Intercompany loans to subsidiaries 0 0 0
Investment in subsidiaries   0 0
Acquisitions of customer relationships and customer inducements (25,258) (11,420) (10,183)
Net proceeds from divestments (see Note 13) 0 29,236 26,622
Proceeds from sales of property and equipment and other, net (including real estate) and proceeds from involuntary conversion of property and equipment 85,860 (3,626) 2,712
Cash Flows from Investing Activities-Continuing Operations (506,273) (215,704) (399,999)
Cash Flows from Investing Activities-Discontinued Operations 0 0 1,995
Cash Flows from Investing Activities (506,273) (215,704) (398,004)
Cash Flows from Financing Activities:      
Repayment of revolving credit and term loan facilities, bridge facilities and other debt (6,837,053) (6,089,563) (4,902,617)
Proceeds from revolving credit and term loan facilities, bridge facilities and other debt 6,906,105 6,041,778 5,118,693
Early retirement of senior subordinated notes   (715,302)  
Net proceeds from sales of senior notes   522,078 0
Debit (payments) balances under cash pools 16,510 38,493  
Debt (repayment to) financing from and equity (distribution to) contribution from noncontrolling interests, net (2,523) 9,079 (466)
Intercompany loans from parent (39,457) 352,771 262,461
Equity contribution from parent   16,170 1,585
Parent cash dividends 0 0 0
Net proceeds associated with the Equity Offering, including Over-Allotment Option 0    
Net proceeds associated with the At The Market (ATM) Program 0    
Net proceeds (payments) associated with employee stock-based awards 0 0 0
Net proceeds associated with the Equity Offering, including Over-Allotment Option   0  
Excess tax benefit from employee stock-based awards   0  
Payment of debt financing and stock issuance costs (3,602) (1,554) (5,830)
Cash Flows from Financing Activities 39,980 173,950 473,826
Cash Flows from Financing Activities-Continuing Operations 39,980 173,950 473,826
Cash Flows from Financing Activities-Discontinued Operations 0 0 0
Effect of exchange rates on cash and cash equivalents (24,563) 27,270 (23,283)
Increase (Decrease) in cash and cash equivalents (214,357) 172,976 86,344
Cash and cash equivalents, including Restricted Cash, beginning of year 383,675 193,589 107,245
Cash and cash equivalents, including Restricted Cash, end of year 169,318 383,675 193,589
Canada Company | Reportable legal entities      
Cash Flows from Operating Activities:      
Cash Flows from Operating Activities     41,885
Cash Flows from Operating Activities-Discontinued Operations     1,710
Cash Flows from Operating Activities     43,595
Cash Flows from Investing Activities:      
Capital expenditures     (10,284)
Cash paid for acquisitions, net of cash acquired     (2,405)
Intercompany loans to subsidiaries     (20,185)
Investment in subsidiaries     0
Acquisitions of customer relationships and customer inducements     (366)
Net proceeds from divestments (see Note 13)     4,032
Proceeds from sales of property and equipment and other, net (including real estate) and proceeds from involuntary conversion of property and equipment     30
Cash Flows from Investing Activities-Continuing Operations     (29,178)
Cash Flows from Investing Activities-Discontinued Operations     16,153
Cash Flows from Investing Activities     (13,025)
Cash Flows from Financing Activities:      
Repayment of revolving credit and term loan facilities, bridge facilities and other debt     (1,273,228)
Proceeds from revolving credit and term loan facilities, bridge facilities and other debt     1,130,193
Net proceeds from sales of senior notes     186,693
Debt (repayment to) financing from and equity (distribution to) contribution from noncontrolling interests, net     0
Intercompany loans from parent     (67,514)
Equity contribution from parent     0
Parent cash dividends     0
Net proceeds (payments) associated with employee stock-based awards     0
Payment of debt financing and stock issuance costs     (895)
Cash Flows from Financing Activities     (24,751)
Cash Flows from Financing Activities-Continuing Operations     (24,751)
Cash Flows from Financing Activities-Discontinued Operations     0
Effect of exchange rates on cash and cash equivalents     (1,891)
Increase (Decrease) in cash and cash equivalents     3,928
Cash and cash equivalents, including Restricted Cash, beginning of year   17,110 13,182
Cash and cash equivalents, including Restricted Cash, end of year     17,110
Canada Company | Non-Guarantor Subsidiaries | Reportable legal entities      
Cash Flows from Financing Activities:      
Cash and cash equivalents, including Restricted Cash, beginning of year $ 383,675 210,699  
Cash and cash equivalents, including Restricted Cash, end of year   $ 383,675 $ 210,699