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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net Income (Loss) $ 1,077,898 $ 1,540,555 $ 2,749,369
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 561,929 558,275 497,140
Amortization of debt discount, premium and issuance costs 5,591 4,685 4,837
Loss on extinguishment of debt   728 27,387
Deferred income taxes (19,033) (102,461) (92,461)
Stock-based compensation expense 63,111 48,522 31,337
Credit loss expense 10,419 (11,488) 38,921
Non-cash net loss (gain) on assets 16,972 (7,072) (1,965)
Changes in assets and liabilities, net of assets acquired and liabilities assumed:      
Receivables 249,197 (12,641) 381,223
Inventories 51,475 231,457 271,889
Contract assets 15,036 18,023 24,051
Other current assets (2,828) 10,941 15,173
Other assets and liabilities (54,429) (5,311) 15,189
Accounts payable (28,600) 75,750 (314,004)
Accrued liabilities (78,350) (9,704) (15,766)
Contract liabilities 4,304 (33,387) (33,089)
Net cash provided by operating activities 1,872,692 2,306,872 3,599,231
Cash flows from investing activities:      
Cash used for acquisitions, net of cash acquired (336,458) (238,673) (628,014)
Purchases of property, plant and equipment (380,569) (476,335) (340,152)
Proceeds from sale of property, plant and equipment 13,994 46,715 10,687
Cash used for equity investments (7,686)    
Net cash used in investing activities (710,719) (668,293) (957,479)
Cash flows from financing activities:      
Borrowings under revolving credit facility 954,000 5,128,000 5,881,000
Repayments under revolving credit facility (1,418,000) (4,928,000) (6,205,000)
Proceeds from long-term debt and other loans 1,000,000   1,001,500
Repayments of long-term debt and other loans (3,397) (4,221) (616,222)
Payments of debt extinguishment costs     (20,672)
Payments of loan costs (12,829) (1,897) (16,797)
Payments of acquisition-related deferred and contingent consideration (14,364)    
Tax withholdings on and exercises of equity awards (62,784) (35,233) (34,330)
Repurchase of common stock (1,517,131) (1,811,517) (2,593,389)
Net cash used in financing activities (1,074,505) (1,652,868) (2,603,910)
Net change in cash and cash equivalents 87,468 (14,289) 37,842
Cash and cash equivalents at beginning of period 66,156 80,445 42,603
Cash and cash equivalents at end of period 153,624 66,156 80,445
Supplemental disclosures of cash flow information:      
Cash paid for interest 188,453 186,497 169,390
Cash paid for income taxes 373,059 578,734 936,424
Supplemental disclosures of non-cash activities:      
Accrued purchases of property, plant and equipment 14,491 9,322 10,797
Right-of-use assets obtained in exchange for operating lease obligations $ 175,418 104,512 100,843
Amounts accrued for repurchases of common stock   $ 16,988 $ 44,447