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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 770,686 $ 420,282
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 292,230 265,738
Amortization of acquired intangibles 973,948 941,654
Amortization of capitalized contract costs 68,112 57,888
Share-based compensation expense 146,097 105,081
Provision for operating losses and credit losses 73,286 98,967
Noncash lease expense 80,371 73,493
Deferred income taxes (136,004) (118,466)
Equity in income of equity investments, net of tax (94,261) (60,682)
Other, net 19,967 (13,584)
Changes in operating assets and liabilities, net of the effects of business combinations:    
Accounts receivable (123,370) 23,352
Settlement processing assets and obligations, net 28,242 155,385
Prepaid expenses and other assets (185,973) (240,804)
Accounts payable and other liabilities 114,279 (163,544)
Net cash provided by operating activities 2,027,610 1,544,760
Cash flows from investing activities:    
Business combinations and other acquisitions, net of cash acquired (946,377) (77,180)
Capital expenditures (350,745) (329,413)
Other, net 1,248 11,575
Net cash used in investing activities (1,295,874) (395,018)
Cash flows from financing activities:    
Net borrowings from (repayments of) settlement lines of credit 244,858 (31,069)
Proceeds from long-term debt 3,909,988 1,868,199
Repayments of long-term debt (2,434,805) (1,829,637)
Payments of debt issuance costs (8,569) (8,075)
Repurchases of common stock (1,833,689) (421,162)
Proceeds from stock issued under share-based compensation plans 38,570 51,055
Common stock repurchased - share-based compensation plans (84,659) (41,966)
Contribution from a noncontrolling interest 46,320 0
Distribution to a noncontrolling interest 0 (6,955)
Dividends paid (188,203) (175,025)
Net cash used in financing activities (310,189) (594,635)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (42,704) (12,558)
Increase in cash, cash equivalents and restricted cash 378,843 542,549
Cash, cash equivalents and restricted cash, beginning of the period 2,089,771 1,678,273
Cash, cash equivalents and restricted cash, end of the period $ 2,468,614 $ 2,220,822