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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities:    
Net income $ 553,500 $ 623,600
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 137,600 136,400
Stock-based compensation expense 19,600 34,700
Amortization of Debt Issuance Costs and Discounts 12,200 11,100
Gain (Loss) on Disposition of Business 122,200 0
Assets Disposed of by Method Other than Sale, in Period of Disposition, Gain (Loss) on Disposition 17,800 0
Other operating activities, net 1,300 7,900
Changes in assets and liabilities    
Increase (Decrease) in Accounts Receivable 217,900 133,400
Increase (Decrease) in Accounts and Other Receivables 28,100 18,700
Inventories, net (85,000) (62,700)
Increase (Decrease) in Other Operating Assets (127,700) (51,800)
Accounts payable 478,000 (86,500)
Accrued payroll and benefit costs 26,100 (120,900)
Other current and noncurrent liabilities 103,200 46,800
Net cash provided by operating activities 824,600 423,900
Investing Activities:    
Capital expenditures (70,400) (63,600)
Cash paid for acquisition (41,700) 0
Proceeds from Divestiture of Businesses, Net of Cash Divested 354,900 0
Other investing activities 6,900 2,400
Net cash used in investing activities 249,700 (61,200)
Financing Activities:    
Proceeds from (Repayments of) Short-term Debt 200 1,300
Proceeds from issuance of long-term debt 5,524,000 2,114,200
Repayments of Other Long-term Debt 5,842,400 2,156,500
Payments of Debt Issuance Costs (26,600) 0
Payments for Repurchase of Common Stock (26,200) (68,000)
Payments for Repurchase of Common Stock (375,000) (50,000)
Payments of Ordinary Dividends, Common Stock (61,400) (57,600)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock 43,100 43,100
Other financing activities, net (23,800) 6,300
Net cash used in financing activities (874,300) (253,400)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (17,300) (5,200)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 182,700 104,100
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 706,800 631,400
Supplemental Cash Flow Information [Abstract]    
Interest Paid, Excluding Capitalized Interest, Operating Activities 251,400 235,000
Income Taxes Paid 223,000 165,000
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 161,900 $ 186,100