| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 | Dec'11 | Sep'11 | Jun'11 | Mar'11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||||||||||||||||||||||
Net income | ||||||||||||||||||||||||||||||||||||
576,000 | 604,000 | 644,000 | 662,000 | 655,000 | 639,000 | 707,000 | 651,000 | 572,000 | 504,000 | 350,000 | 284,000 | 250,000 | 215,000 | 166,700 | 168,200 | 161,600 | 182,000 | 219,800 | 242,100 | 244,900 | 228,600 | 221,000 | 196,700 | 190,000 | 165,400 | 133,700 | 121,400 | 483,700 | 514,200 | 547,500 | 554,100 | 124,100 | 103,000 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||||||||||||||||
Deferred income taxes | ||||||||||||||||||||||||||||||||||||
87,000 | 65,000 | 67,000 | 60,000 | 53,000 | 52,000 | -76,000 | -69,000 | -63,000 | -50,000 | 106,000 | 104,000 | 116,000 | 114,000 | 84,500 | 82,700 | 84,600 | 96,000 | 118,100 | 137,400 | 138,700 | 131,800 | 125,400 | 110,700 | 109,400 | 98,000 | 85,800 | 76,000 | -308,700 | -303,800 | -305,900 | -311,100 | 45,600 | 39,800 | 0 | 0 | 0 |
Depreciation of property, plant and equipment | ||||||||||||||||||||||||||||||||||||
85,000 | 81,000 | 76,000 | 75,000 | 75,000 | 77,000 | 78,000 | 80,000 | 81,000 | 80,000 | 81,000 | 81,000 | 82,000 | 84,000 | 85,200 | 86,600 | 87,600 | 88,000 | 88,600 | 89,800 | 91,900 | 93,800 | 95,600 | 96,400 | 97,300 | 98,700 | 100,600 | 102,300 | 102,600 | 102,500 | 102,800 | 102,200 | 102,700 | 103,800 | 0 | 0 | 0 |
Amortization of intangible assets | ||||||||||||||||||||||||||||||||||||
80,000 | 86,000 | 86,000 | 86,000 | 87,000 | 87,000 | 89,000 | 89,000 | 90,000 | 90,000 | 90,000 | 91,000 | 91,000 | 92,000 | 93,100 | 94,400 | 95,700 | 97,000 | 97,600 | 98,000 | 98,400 | 98,800 | 99,300 | 99,700 | 100,100 | 105,300 | 117,600 | 130,000 | 142,400 | 150,000 | 150,400 | 150,900 | 151,400 | 151,900 | 0 | 0 | 0 |
Stock-based compensation | ||||||||||||||||||||||||||||||||||||
13,000 | 13,000 | 14,000 | 15,000 | 13,000 | 13,000 | 13,000 | 12,000 | 13,000 | 12,000 | 11,000 | 11,000 | 9,000 | 9,000 | 8,800 | 9,300 | 9,900 | 10,000 | 10,800 | 12,100 | 13,500 | 14,700 | 14,100 | 13,300 | 13,600 | 13,700 | 12,600 | 10,600 | 8,100 | 6,400 | 6,100 | 7,200 | 7,700 | 8,000 | 0 | 0 | 0 |
Amortization of deferred financing costs | ||||||||||||||||||||||||||||||||||||
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 6,000 | 7,000 | 6,000 | 7,000 | 6,000 | 5,000 | 6,000 | 6,000 | 7,000 | 8,300 | 8,200 | 8,100 | 8,000 | 7,600 | 7,600 | 8,000 | 8,100 | 8,700 | 10,500 | 10,000 | 10,900 | 11,600 | 14,600 | 15,000 | 14,500 | 14,000 | 10,100 | 11,600 | 12,100 | 0 | 0 | 0 |
Expenses related to long-term debt refinancing | ||||||||||||||||||||||||||||||||||||
0 | 5,000 | 5,000 | 5,000 | 5,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Loss associated with impairment of long-lived assets | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Impairment loss on investments in technology-related initiatives | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - |
Unrealized gain on derivatives | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 29,000 | 21,000 | 20,000 | 16,000 | 1,000 | -7,500 | -21,200 | -17,000 | -15,000 | -25,600 | -10,100 | -7,500 | 4,700 | 23,400 | 25,100 | 29,700 | 32,800 | 31,100 | 31,600 | 28,300 | 26,200 | 31,100 | 7,500 | -16,800 | -13,900 | 0 | 0 | 0 |
Premiums and expenses on tender offer and redemption of long-term debt | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -22,100 | 0 | 0 | 0 | - | - | - | - |
Excess tax benefit from stock-based compensation | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,000 | 20,000 | 24,800 | 27,400 | 24,600 | 17,200 | 14,500 | 13,800 | 13,700 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Other | ||||||||||||||||||||||||||||||||||||
-5,000 | -1,000 | 4,000 | -1,000 | -1,000 | -4,000 | -2,000 | 0 | -4,000 | 0 | -4,000 | -2,000 | 2,000 | -1,000 | -500 | -3,300 | -4,100 | -1,000 | -1,900 | -4,700 | -3,100 | -5,200 | -2,700 | -2,500 | -2,200 | -2,100 | -6,400 | -2,100 | -1,800 | -2,100 | -900 | 600 | 600 | 1,400 | 0 | 0 | 0 |
Changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||||||||||||||||||
-40,000 | -37,000 | -16,000 | -5,000 | 25,000 | 61,000 | 65,000 | 55,000 | 57,000 | 19,000 | 69,000 | 73,000 | 32,000 | 3,000 | -23,300 | -28,200 | -12,800 | -9,000 | -12,300 | 7,000 | 10,600 | 35,800 | 43,700 | 17,700 | 21,600 | 9,900 | -6,600 | -27,700 | -34,500 | -29,900 | -17,000 | 1,400 | 26,900 | 25,000 | 0 | 0 | 0 |
Inventories | ||||||||||||||||||||||||||||||||||||
2,000 | 11,000 | 23,000 | 17,000 | 20,000 | 18,000 | 12,000 | 23,000 | 25,000 | 25,000 | 0 | 0 | 0 | - | - | - | - | 2,000 | -400 | -7,300 | -7,500 | -12,700 | -1,900 | 5,400 | 7,100 | 4,400 | -19,800 | -4,600 | -900 | 1,800 | 23,900 | 2,400 | 15,100 | 11,000 | 0 | 0 | 0 |
Accounts payable | ||||||||||||||||||||||||||||||||||||
-38,000 | -25,000 | -18,000 | -14,000 | -1,000 | 9,000 | 3,000 | 33,000 | 44,000 | 30,000 | 50,000 | 33,000 | 24,000 | 2,000 | -6,500 | -3,900 | -22,700 | -25,000 | -41,400 | -31,000 | -15,100 | 2,100 | 19,600 | 6,000 | 11,900 | 17,600 | -12,000 | -17,700 | -51,000 | -29,400 | -32,000 | -2,000 | 41,200 | 24,900 | 0 | 0 | 0 |
Other assets and liabilities | ||||||||||||||||||||||||||||||||||||
52,000 | 16,000 | -1,000 | -13,000 | -23,000 | -22,000 | 4,000 | 3,000 | -10,000 | -11,000 | -64,000 | -52,000 | -51,000 | -50,000 | -27,900 | -41,300 | -24,700 | -2,000 | 3,400 | 16,600 | 13,900 | -24,700 | -54,300 | -44,700 | -41,800 | -6,800 | 9,400 | -100 | 3,700 | -7,900 | 29,800 | 16,600 | 46,000 | 23,700 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||||||||||||||||||||||||||||||
801,000 | 847,000 | 877,000 | 904,000 | 878,000 | 837,000 | 771,000 | 747,000 | 700,000 | 658,000 | 667,000 | 580,000 | 584,000 | 591,000 | 590,900 | 625,300 | 607,000 | 580,000 | 562,400 | 574,000 | 565,700 | 573,300 | 564,100 | 521,100 | 507,400 | 463,500 | 427,500 | 435,400 | 412,600 | 497,500 | 457,300 | 522,000 | 498,900 | 469,200 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||||||||||||||||||||||||
Additions of long-lived assets | ||||||||||||||||||||||||||||||||||||
174,000 | 172,000 | 139,000 | 115,000 | 109,000 | 100,000 | 103,000 | 100,000 | 93,000 | 91,000 | 75,000 | 69,000 | 73,000 | 71,000 | 63,900 | 65,100 | 62,700 | 58,000 | 56,600 | 56,300 | 54,300 | 64,100 | 70,800 | 71,300 | 72,900 | 74,400 | 71,200 | 87,200 | 100,800 | 123,900 | 135,500 | 131,800 | 121,000 | 96,900 | 0 | 0 | 0 |
Investments in technology-related initiatives | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,800 | 8,300 | 6,300 | 6,300 | 8,800 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from disposal of assets | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 200 | 400 | 300 | 300 | 400 | 400 | 400 | 500 | 500 | 400 | 600 | 600 | 600 | 600 | 500 | 2,400 | 0 | 0 | 0 |
Collateral for interest rate derivatives | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1,700 | -1,600 | -1,600 | -1,300 | -1,200 | -1,000 | -200 | 1,500 | 1,000 | -75,400 | -78,600 | -42,400 | -38,600 | 0 | 0 | 0 |
Net cash used for investing activities | ||||||||||||||||||||||||||||||||||||
-407,000 | -405,000 | -374,000 | -251,000 | -112,000 | -103,000 | -103,000 | -100,000 | -96,000 | -94,000 | -78,000 | -73,000 | -74,000 | -72,000 | -65,200 | -67,300 | -64,800 | -60,000 | -58,300 | -57,900 | -54,000 | -67,900 | -77,100 | -75,600 | -77,500 | -81,500 | -76,000 | -99,300 | -122,400 | -138,700 | -148,900 | -140,400 | -85,500 | -55,900 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||||||||||||||||||||||||
Borrowings on revolving credit facility | ||||||||||||||||||||||||||||||||||||
390,000 | 90,000 | 0 | 0 | 0 | - | - | - | - | 415,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payments on revolving credit facility | ||||||||||||||||||||||||||||||||||||
390,000 | 90,000 | 0 | 0 | 0 | - | - | - | - | 415,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Repurchases of common stock | ||||||||||||||||||||||||||||||||||||
523,000 | 393,000 | 484,000 | 524,000 | 534,000 | 609,000 | 563,000 | 716,000 | 595,000 | 885,000 | 865,000 | 703,000 | 638,000 | 256,000 | 178,700 | 283,300 | 303,600 | 306,000 | 296,300 | 114,700 | 185,200 | 249,800 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Dividend payments | ||||||||||||||||||||||||||||||||||||
74,000 | 73,000 | 74,000 | 76,000 | 78,000 | 80,000 | 82,000 | 84,000 | 87,000 | 89,000 | 92,000 | 95,000 | 97,000 | 100,000 | 102,000 | 103,100 | 105,000 | 106,000 | 106,900 | 102,100 | 96,900 | 91,600 | 86,600 | 87,100 | 87,700 | 77,100 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Payments on long-term debt | ||||||||||||||||||||||||||||||||||||
5,000 | 1,151,000 | 1,149,000 | 1,148,000 | 1,173,000 | 28,000 | 31,000 | 34,000 | 12,000 | 12,000 | 12,000 | 1,209,000 | 1,212,000 | 1,215,000 | 1,218,800 | 24,400 | 71,300 | 117,000 | 179,400 | 253,300 | 206,500 | 157,600 | 141,200 | 139,500 | 139,300 | 142,400 | 184,500 | 211,700 | 249,300 | 245,400 | 0 | 0 | 0 | - | - | - | - |
Taxes paid related to net share settlement of equity awards | ||||||||||||||||||||||||||||||||||||
2,000 | 4,000 | 4,000 | 4,000 | 6,000 | 4,000 | 4,000 | 4,000 | 2,000 | 1,000 | 0 | 0 | 0 | - | - | - | 2,500 | 2,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from exercise of stock options | ||||||||||||||||||||||||||||||||||||
6,000 | 5,000 | 5,000 | 21,000 | 19,000 | 22,000 | 26,000 | 13,000 | 15,000 | 19,000 | 29,000 | 33,000 | 30,000 | 24,000 | 9,500 | 3,200 | 2,800 | 23,000 | 47,500 | 59,000 | 66,300 | 59,600 | 47,400 | 43,500 | 45,000 | 46,300 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Issuance of long-term debt | ||||||||||||||||||||||||||||||||||||
0 | 1,148,000 | 1,148,000 | 1,148,000 | 1,148,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt financing fees | ||||||||||||||||||||||||||||||||||||
2,000 | 12,000 | 12,000 | 12,000 | 10,000 | 1,000 | 2,000 | 7,000 | 6,000 | 6,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | 900 | 13,300 | 14,300 | 14,000 | 14,900 | 4,400 | 19,500 | 19,500 | 20,200 | 0 | 0 | 0 | - | - | - | - |
Excess tax benefit from stock-based compensation | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,000 | 20,000 | 24,800 | 27,400 | 24,600 | 17,200 | 14,500 | 13,800 | 13,700 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Repurchases and redemption of long-term debt | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 326,900 | 0 | 0 | 0 | - | - | - | - |
Payments on notes payable | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,500 | 0 | 0 | 0 | - | - | - | - |
Net cash used for financing activities | ||||||||||||||||||||||||||||||||||||
-600,000 | -480,000 | -570,000 | -595,000 | -634,000 | -700,000 | -656,000 | -637,000 | -534,000 | -574,000 | -545,000 | -787,000 | -688,000 | -564,000 | -509,800 | -409,600 | -508,400 | -529,000 | -551,700 | -423,400 | -404,000 | -424,100 | -427,400 | -532,900 | -385,300 | -277,500 | -292,900 | -223,100 | -373,600 | -593,500 | 0 | 0 | 0 | - | - | - | - |
Effect of exchange rate changes on cash | ||||||||||||||||||||||||||||||||||||
-4,000 | -1,000 | -2,000 | -1,000 | -3,000 | -2,000 | -1,000 | 1,000 | 5,000 | 4,000 | 0 | 0 | 0 | - | - | - | - | -2,000 | -12,100 | -2,600 | -2,500 | -3,000 | -3,800 | -13,300 | -5,600 | 0 | 11,800 | 2,300 | 11,400 | 900 | 8,600 | 30,500 | 14,800 | 18,400 | 0 | 0 | 0 |
Net (decrease) increase in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||
-210,000 | -39,000 | -69,000 | 57,000 | 129,000 | 32,000 | 11,000 | 11,000 | 75,000 | -6,000 | 45,000 | -280,000 | -179,000 | -47,000 | 16,600 | 148,200 | 33,900 | -11,000 | -59,700 | 90,100 | 105,200 | 78,300 | 55,800 | -100,700 | 39,000 | 104,500 | 70,400 | 115,300 | -72,000 | -233,800 | -271,900 | -159,700 | -159,500 | 61,800 | 0 | 0 | 0 |
Supplemental disclosures: | ||||||||||||||||||||||||||||||||||||
Interest paid | ||||||||||||||||||||||||||||||||||||
119,000 | 125,000 | 110,000 | 111,000 | 119,000 | 115,000 | 121,000 | 126,000 | 120,000 | 124,000 | 85,000 | 90,000 | 70,000 | 78,000 | 85,600 | 86,400 | 100,500 | 97,000 | 112,100 | 125,000 | 129,100 | 140,000 | 149,600 | 148,200 | 158,600 | 159,200 | 159,600 | 158,100 | 161,200 | 167,300 | 188,600 | 182,600 | 214,800 | 208,600 | 0 | 0 | 0 |
Income taxes paid | ||||||||||||||||||||||||||||||||||||
89,000 | 89,000 | 105,000 | 110,000 | 106,000 | 101,000 | 111,000 | 108,000 | 94,000 | 96,000 | 68,000 | 39,000 | 13,000 | 13,000 | 10,000 | 9,100 | 5,500 | 5,000 | 6,500 | 5,800 | 5,400 | 5,000 | 3,800 | 3,900 | 4,700 | 3,800 | 5,200 | 7,300 | 9,000 | 10,700 | 9,700 | 8,500 | 7,100 | 5,800 | 0 | 0 | 0 |