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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net (Loss) Income $ (27,107) $ 111,646
Adjustments to reconcile net (loss) income to cash flows from operating activities:    
Depreciation 343,013 302,562
Amortization (includes amortization of deferred financing costs and discounts of $15,659 and $12,243 for the six months ended June 30, 2025 and 2024, respectively) 157,366 143,737
Revenue reduction associated with amortization of customer inducements and above- and below-market leases 2,976 2,798
Stock-based compensation expense 86,448 43,928
Provision (benefit) for deferred income taxes 2,472 (442)
(Gain) loss on disposal/write-down of property, plant and equipment, net 4,609 3,179
Foreign currency transactions and other, net 46,238 12,655
(Increase) decrease in assets (135,299) (86,117)
Increase (decrease) in liabilities 91,709 (21,731)
Cash Flows from Operating Activities 572,425 512,215
Cash Flows from Investing Activities:    
Capital expenditures (1,231,523) (777,901)
Cash paid for acquisitions, net of cash acquired (34,362) (123,323)
Acquisition of customer intangibles (9,905) (3,457)
Contract costs (41,534) (50,800)
Investments in joint ventures and other investments, net (43,585) (10,190)
Proceeds from sales of property and equipment and other, net 10,099 5,923
Cash Flows from Investing Activities (1,350,810) (959,748)
Cash Flows from Financing Activities:    
Repayment of revolving credit facility, term loan facilities and other debt (7,353,497) (4,896,450)
Proceeds from revolving credit facility, term loan facilities and other debt 8,991,334 5,843,362
Equity distribution to noncontrolling interests (3,481) (1,209)
Parent cash dividends (455,236) (388,709)
Payment of deferred purchase obligations and other deferred payments (240,217) (158,677)
Net (payments) proceeds associated with employee stock-based awards (53,120) (22,146)
Other, net (2,915) (6,880)
Cash Flows from Financing Activities 882,868 369,291
Effect of Exchange Rates on Cash and Cash Equivalents (42,207) (291)
Increase (Decrease) in Cash and Cash Equivalents 62,276 (78,533)
Cash and Cash Equivalents, Beginning of Period 155,716 222,789
Cash and Cash Equivalents, End of Period 217,992 144,256
Supplemental Information:    
Cash Paid for Interest 386,391 382,823
Cash Paid for Income Taxes, Net 60,099 43,099
Non-Cash Investing and Financing Activities:    
Financing Leases and Other 141,811 67,996
Accrued Capital Expenditures 242,272 213,636
Deferred Purchase Obligations and Other Deferred Payments 3,600 133,813
Dividends Payable $ 242,395 $ 200,318