XML 20 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 150,585 $ (97,710)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 315,460 451,144
Equity in earnings of unconsolidated joint ventures (82,792) (76,328)
Distribution of earnings from unconsolidated joint ventures 121,096 108,139
Non-cash stock compensation 56,200 71,790
Prepayment penalty on unsecured senior notes   55,639
Excess tax benefit from share-based payment (3,835) (3,632)
Foreign currency translation (6,761) (2,867)
Write-off of debt issuance costs   8,997
Pension curtailment and settlement gains (7,818)  
Loss on disposal activities 42,589  
Other 630 (9,112)
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable 216,120 245,976
Prepaid expenses and other current and non-current assets (174,801) (79,827)
Accounts payable 23,249 77,889
Accrued expenses and other current liabilities (212,218) (147,453)
Billings in excess of costs on uncompleted contracts (13,534) (63,062)
Other long-term liabilities 27,086 (53,179)
Net cash provided by operating activities 451,256 486,404
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for business acquisitions, net of cash acquired (975) (3,289,150)
Proceeds from disposal of businesses 39,699  
Net investment in unconsolidated joint ventures (62,228) (13,870)
Proceeds from sales of investments 11,651 69,310
Purchases of investments (214) (82,079)
Proceeds from disposal of property and equipment 41,774 30,857
Payments for capital expenditures (141,625) (90,113)
Net cash used in investing activities (111,918) (3,375,045)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings under credit agreements 3,446,203 5,634,495
Repayments of borrowings under credit agreements (3,761,371) (4,040,352)
Issuance of unsecured senior notes   1,600,000
Prepayment penalty on unsecured senior notes   (55,639)
Cash paid for debt and equity issuance costs (1,977) (87,852)
Proceeds from issuance of common stock 22,961 13,554
Proceeds from exercise of stock options 8,650 7,973
Payments to repurchase common stock (25,554) (22,817)
Excess tax benefit from share-based payment 3,835 3,632
Net distributions to noncontrolling interests (75,424) (101,019)
Other financing activities (8,106) (11,448)
Net cash (used in) provided by financing activities (390,783) 2,940,527
EFFECT OF EXCHANGE RATE CHANGES ON CASH (4,451) (20,174)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (55,896) 31,712
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 683,893 574,188
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 627,997 605,900
NON-CASH INVESTING AND FINANCING ACTIVITY    
Common stock issued in acquisitions   1,554,912
Debt assumed from acquisitions   $ 567,656