XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Cash received from customers $ 677,522 $ 649,993
Cash paid to suppliers and employees (552,990) (615,630)
Interest paid, net (22,482) (306)
Income tax payments, net (13,283) (14,324)
Investment proceeds and miscellaneous receipts, net 14,662 20,680
Proceeds from forward foreign exchange contracts, net (5,310) 10,081
Net cash provided by operating activities 98,119 50,494
Cash flows from investing activities:    
Capital expenditures (35,725) (33,078)
Payments for purchases of marketable securities and investments (203,588) (960,940)
Proceeds from Sale of Debt Securities, Available-for-sale 92,751 32,096
Proceeds from maturities of marketable securities and investments 76,089 45,781
Net cash used in investing activities (70,473) (916,141)
Cash flows from financing activities:    
Proceeds from Debt, Net of Issuance Costs 0 1,186,220
Payments on long-term borrowings (115) (104)
Proceeds from Issuance of Common Stock 4,424 4,177
Net cash used in financing activities 4,309 1,190,293
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (1,996) 6,877
Beginning Cash, Cash Equivalents, and Restricted Cash 434,544 471,133
Cash and cash equivalents 464,136 802,316
Restricted Cash, Current 47 14
Restricted Cash, Noncurrent 320 326
Ending Cash, Cash Equivalents, and Restricted Cash 464,503 802,656
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $ 29,959 $ 331,523