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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 596.6 $ 463.0 $ 365.9
Loss (income) from discontinued operations, net of tax 2.8 12.0 (15.2)
Adjustments to reconcile net income to net cash provided by operating activities —      
Depreciation and amortization 299.6 273.9 243.6
Amortization of debt-related items 9.7 9.5 9.7
Loss on early extinguishment of debt 0.6 0.0 1.4
Equity in net income of nonconsolidated affiliates (3.0) (3.2) (2.9)
Distributions from nonconsolidated affiliates 4.0 1.6 4.0
Stock-based compensation 48.3 50.6 29.2
Deferred tax expense 10.7 3.9 27.9
Other, net 14.7 5.2 20.3
Changes in assets and liabilities, net of acquisitions —      
Accounts receivable 3.0 (22.4) (16.9)
Prepaid expenses and other assets (57.3) 6.1 8.0
Accounts payable 3.0 11.8 2.3
Accrued payroll 20.4 39.2 (31.2)
Other liabilities 52.8 15.6 7.4
Net cash (used in) provided by operating activities of discontinued operations (3.1) (16.0) 52.3
Total adjustments 403.4 375.8 355.1
Net cash provided by operating activities 1,002.8 850.8 705.8
Cash flows from investing activities:      
Purchases of property, equipment, and intangible assets (642.5) (583.1) (584.1)
Proceeds from sale of restricted investments 18.9 7.4 0.0
Purchases of restricted investments (22.5) (23.0) (35.2)
Other, net (7.2) (4.1) (4.2)
Net cash used in investing activities of discontinued operations 0.0 0.0 (3.5)
Net cash used in investing activities (653.3) (602.8) (627.0)
Cash flows from financing activities:      
Principal payments on debt, including pre-payments (255.2) (7.2) (345.8)
Principal borrowings on notes 15.0 20.0 11.8
Borrowings on revolving credit facility 80.0 60.0 240.0
Payments on revolving credit facility (60.0) (115.0) (385.0)
Principal payments under finance lease obligations (21.8) (41.1) (19.2)
Debt amendment and issuance costs (0.1) (0.1) (24.1)
Repurchases of common stock, including fees and expenses (31.1) 0.0 0.0
Dividends paid on common stock (62.8) (60.4) (99.0)
Distributions paid to noncontrolling interests of consolidated affiliates (125.0) (114.7) (96.6)
Taxes paid on behalf of employees for shares withheld (12.1) (8.2) (7.3)
Contributions from noncontrolling interests of consolidated affiliates 140.4 68.3 64.1
Other, net 2.1 1.2 0.3
Net cash provided by financing activities of discontinued operations 0.0 0.0 515.1
Net cash used in financing activities (330.6) (197.2) (145.7)
Increase (decrease) in cash, cash equivalents, and restricted cash 18.9 50.8 (66.9)
Cash, cash equivalents, and restricted cash at beginning of year 104.2 53.4 120.3
Cash, cash equivalents, and restricted cash at end of year 123.1 104.2 53.4
Reconciliation of Cash, Cash Equivalents, and Restricted Cash      
Cash and cash equivalents at beginning of period 69.1 21.8 49.4
Restricted cash at beginning of period 35.1 31.6 62.5
Restricted cash included in other long-term assets at beginning of period 0.0 0.0 0.4
Cash, cash equivalents, and restricted cash in discontinued operations at beginning of period 0.0 0.0 8.0
Cash, cash equivalents, and restricted cash at beginning of year 104.2 53.4 120.3
Cash and cash equivalents at end of period 85.4 69.1 21.8
Restricted cash at end of period 37.7 35.1 31.6
Cash, cash equivalents, and restricted cash at end of year 123.1 104.2 53.4
Supplemental cash flow information:      
Interest (146.8) (147.7) (178.4)
Income tax refunds 0.7 2.7 1.0
Income tax payments (164.5) (109.3) (51.2)
Supplemental schedule of noncash investing and financing activities:      
Accrued purchases of property, equipment, and intangible assets 1.9 26.7 (3.5)
Joint venture contributions $ 11.8 $ 32.2 $ 28.6