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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income (loss) $ 422,014 $ 199,421 $ (47,296)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 295,892 366,765 433,929
Amortization of intangible assets 131,190 139,853 169,233
Non-cash stock-based compensation expense 34,002 32,672 33,335
Provision for (benefit from) deferred income taxes 115,157 (34,433) (140,863)
Equity in earnings of unconsolidated affiliates, net (31,964) (30,228) (30,697)
Gains on sales and impairments of assets, net (18,451) (24,138) (21,408)
Loss on extinguishment of debt 0 11,344 0
Non-cash interest expense, net 4,766 5,533 5,837
Other non-cash items, net 2,662 13,711 8,875
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable (140,809) 29,634 45,007
Contract assets (446,613) 207,703 (54,185)
Inventories (2,709) 26,345 33,018
Other assets, current and long-term portion (65,312) 20,546 75,047
Accounts payable and accrued expenses 250,533 (161,734) 165,892
Contract liabilities (7,305) 247,502 49,384
Other liabilities, current and long-term portion 2,661 71,129 (37,831)
Net cash provided by operating activities 545,714 1,121,625 687,277
Cash flows from investing activities:      
Cash paid for acquisitions, net of cash acquired (71,044) (79,933) (69,388)
Capital expenditures (259,985) (148,855) (192,941)
Proceeds from sales of property and equipment 56,304 66,038 84,110
Payments for other investments (1,000) (801) (1,899)
Proceeds from other investments 3,750 1,503 425
Other investing activities, net 4,730 4,558 1,632
Net cash used in investing activities (267,245) (157,490) (178,061)
Cash flows from financing activities:      
Proceeds from credit facilities and term loans 5,597,386 4,099,102 4,378,200
Repayments of credit facilities and term loans (5,541,827) (5,252,750) (4,509,950)
Proceeds from issuance of 5.900% senior notes 0 549,758 0
Repayments of 6.625% senior notes 0 (224,046) 0
Payments of finance lease obligations (161,024) (153,957) (167,615)
Repurchases of common stock (77,326) 0 0
Payments of acquisition-related contingent consideration (42,140) (24,593) (21,638)
Payments for acquisition-related contingent assets 0 (12,351) 0
Payments to non-controlling interests, including acquisition of interests and distributions (24,529) (32,943) (14,478)
Payments for stock-based awards (5,611) (2,946) (10,330)
Other financing activities, net (28,367) (35,508) (5,187)
Net cash used in financing activities (283,438) (1,090,234) (350,998)
Effect of currency translation on cash 1,096 (3,559) 751
Net (decrease) increase in cash and cash equivalents (3,873) (129,658) 158,969
Cash and cash equivalents - beginning of period 399,903 529,561 370,592
Cash and cash equivalents - end of period 396,030 399,903 529,561
Supplemental cash flow information:      
Interest paid 176,466 195,338 237,645
Income taxes paid, net of refunds 44,376 43,953 9,608
Supplemental disclosure of non-cash information:      
Additions to property and equipment from finance leases and other financing arrangements $ 229,499 $ 151,009 $ 147,736