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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 203,587 $ 249,734
Depreciation and amortization 476,277 445,470
Other operating activities and non-cash items (113) 22,558
Changes in assets and liabilities (228,625) (166,502)
Net cash provided by operating activities 451,126 551,260
Cash flows from investing activities:    
Payments for property, plant and equipment (472,531) (458,067)
Proceeds from sale of property, plant and equipment 5,142 5,097
Proceeds from foreign exchange forward contracts 51,947 32,185
Payments for foreign exchange forward contracts (45,784) (58,430)
Payments for short-term investments (588,012) (441,851)
Proceeds from sale of short-term investments 140,961 44,361
Proceeds from maturities of short-term investments 350,819 367,522
Other investing activities 2,941 7,431
Net cash used in investing activities (554,517) (501,752)
Cash flows from financing activities:    
Proceeds from short-term debt 0 5,012
Payments of short-term debt 0 (9,731)
Proceeds from long-term debt 1,000,000 58,727
Payments of long-term debt (360,527) (147,603)
Payments for debt issuance costs (13,235) 0
Payments of finance lease obligations (44,246) (56,359)
Payments of dividends (61,299) (58,196)
Other financing activities (1,830) 819
Net cash provided by (used in) financing activities 518,863 (207,331)
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash 6,630 (2,868)
Net increase (decrease) in cash, cash equivalents and restricted cash 422,102 (160,691)
Cash, cash equivalents and restricted cash, beginning of period 1,134,312 1,120,617
Cash, cash equivalents and restricted cash, end of period 1,556,414 959,926
Non-cash investing and financing activities:    
Property, plant and equipment included in capital expenditures payable 354,205 200,141
Right of use assets acquired through operating lease liabilities 10,171 26,500
Right of use assets acquired through finance lease liabilities 28,485 126,045
Grants and incentive receivables for qualified capital expenditures $ 33,261 $ 0