XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Cash received from customers $ 1,456,601 $ 1,127,141
Cash paid to suppliers and employees (1,131,533) (959,300)
Interest paid, net (1,536) (10,847)
Income tax payments, net (77,573) (10,005)
Investment proceeds and miscellaneous receipts, net 22,293 6,092
Proceeds from forward foreign exchange contracts, net (18) 1,849
Net cash provided by operating activities 268,234 154,930
Cash flows from investing activities:    
Capital expenditures (42,935) (39,707)
Proceeds from dispositions of property, plant and equipment 13 33
Proceeds from Divestiture of Businesses 0 12,240
Payments for purchases of marketable securities and investments (255,277) (172,663)
Proceeds from maturities of marketable securities and investments 116,794 133,197
Proceeds from Sale of Debt Securities, Available-for-sale 32,801 62,894
Payments for Acquisitions, net of cash received 0 (96,889)
(Payments for) recovery of purchases of intangible assets 0 (100)
Net cash used in investing activities (148,604) (100,995)
Cash flows from financing activities:    
Payments on long-term borrowings (1,523) (1,597)
Payments of contingent consideration (561) (1,265)
Proceeds from Issuance of Common Stock 8,107 8,202
Tax payments from net share settlement (507) (6,931)
Payments for purchases of treasury stock (49,998) (100,005)
Net cash used in financing activities (44,482) (101,596)
Effect of Exchange Rate on Cash and Cash Equivalents (5,102) (2,858)
Beginning Cash, Cash Equivalents, and Restricted Cash 667,115 662,651
Cash and cash equivalents 732,836 607,584
Ending Cash, Cash Equivalents, and Restricted Cash 737,161 612,132
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 70,046 (50,519)
Other Current Assets    
Cash flows from financing activities:    
Restricted Cash, Current 3,436 3,575
Other Assets    
Cash flows from financing activities:    
Restricted Cash, Noncurrent $ 889 $ 973