| Feb'20 | Nov'19 | Aug'19 | May'19 | Feb'19 | Nov'18 | Aug'18 | May'18 | Feb'18 | Nov'17 | Aug'17 | May'17 | Feb'17 | Nov'16 | Aug'16 | May'16 | Feb'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | ||||||||||||||||
Net income | ||||||||||||||||
874,400 | 499,400 | 377,900 | 442,200 | 407,500 | 539,200 | 563,500 | 607,100 | 591,700 | 417,000 | 400,500 | 221,700 | 172,900 | 152,100 | 0 | 0 | 0 |
Reconciliation of net income to net cash provided by operating activities: | ||||||||||||||||
Depreciation and amortization | ||||||||||||||||
576,100 | 573,100 | 576,500 | 565,900 | 552,900 | 541,200 | 523,800 | 510,500 | 502,300 | 492,500 | 483,600 | 454,500 | 396,000 | 335,700 | 0 | 0 | 0 |
Stock-based compensation expense | ||||||||||||||||
246,700 | 223,800 | 236,900 | 235,400 | 239,500 | 241,700 | 230,800 | 241,700 | 248,600 | 261,900 | 264,500 | 281,500 | 250,800 | 206,200 | 0 | 0 | 0 |
Gain on sale of assets | ||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Payments for acquisition-related performance compensation | ||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Excess tax benefit from stock-based compensation | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 5,600 | 0 | 0 | 0 |
Net periodic pension and postretirement expense | ||||||||||||||||
24,000 | 2,800 | 1,700 | -5,600 | -5,500 | -5,600 | -3,600 | 6,600 | 6,700 | 6,900 | 12,700 | 10,000 | 10,100 | 10,000 | 0 | 0 | 0 |
Undistributed earnings of affiliates, net | ||||||||||||||||
-600 | -400 | 0 | 0 | 0 | - | - | - | - | -5,200 | 2,400 | -3,500 | -4,300 | -2,900 | 0 | 0 | 0 |
Pension and postretirement contributions | ||||||||||||||||
9,700 | 2,000 | 1,500 | 2,200 | 2,600 | 2,600 | 5,900 | 5,700 | 5,600 | 5,700 | 5,500 | 5,300 | 5,400 | 5,700 | 0 | 0 | 0 |
Deferred income taxes | ||||||||||||||||
11,100 | 49,600 | -101,400 | 70,900 | 47,200 | 211,700 | 204,800 | 261,800 | 296,800 | 100,100 | 97,900 | 41,400 | -2,600 | -6,700 | 0 | 0 | 0 |
Change in assets and liabilities: | ||||||||||||||||
Accounts receivable, net | ||||||||||||||||
2,000 | 67,900 | 57,200 | -8,300 | 56,900 | 11,800 | 11,300 | 64,800 | 121,400 | 27,500 | 62,600 | 31,900 | -16,100 | 8,500 | 0 | 0 | 0 |
Other current assets | ||||||||||||||||
69,400 | 79,900 | 40,800 | 39,500 | 33,000 | 2,200 | 6,300 | 9,900 | 14,400 | 34,600 | 70,000 | 300 | 2,300 | -12,300 | 0 | 0 | 0 |
Accounts payable | ||||||||||||||||
5,400 | 30,900 | 31,300 | 31,900 | 37,600 | 32,500 | -15,800 | -16,700 | -8,500 | -20,000 | 10,600 | -6,400 | -8,600 | -12,500 | 0 | 0 | 0 |
Accrued expenses | ||||||||||||||||
-23,700 | 39,700 | 103,100 | 63,000 | 71,100 | 82,500 | 15,400 | 14,500 | -41,100 | -42,800 | -40,100 | -44,900 | -18,900 | 35,600 | 0 | 0 | 0 |
Income tax | ||||||||||||||||
45,400 | 88,700 | 96,100 | 37,400 | -2,500 | 23,500 | 2,400 | 14,400 | 36,500 | -14,700 | -22,000 | -80,500 | -60,300 | -44,700 | 0 | 0 | 0 |
Deferred revenue | ||||||||||||||||
27,700 | 38,800 | 32,200 | 24,200 | 64,200 | 26,600 | 3,500 | 1,700 | -7,400 | 4,700 | 9,300 | -1,400 | 21,100 | -14,600 | 0 | 0 | 0 |
Other liabilities | ||||||||||||||||
61,900 | 68,400 | 39,100 | 27,100 | 50,300 | 37,000 | 73,900 | 53,600 | 19,300 | 18,700 | 4,900 | 5,700 | 5,900 | 9,900 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||||||||||
1,182,800 | 1,251,300 | 1,383,100 | 1,316,600 | 1,274,600 | 1,289,500 | 1,174,900 | 1,095,800 | 913,700 | 961,500 | 881,800 | 761,100 | 737,200 | 638,300 | 0 | 0 | 0 |
Investing activities: | ||||||||||||||||
Capital expenditures on property and equipment | ||||||||||||||||
292,900 | 278,100 | 254,100 | 237,900 | 230,700 | 222,700 | 236,900 | 244,400 | 243,700 | 260,200 | 240,100 | 225,400 | 194,800 | 147,600 | 0 | 0 | 0 |
Intangible assets acquired | ||||||||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | - | 0 | - | - | - | - |
Payments to acquire cost- and equity-method investments | ||||||||||||||||
0 | - | - | - | 0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Acquisitions of businesses, net of cash acquired | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,014,400 | 0 | 0 | 0 |
Proceeds from sale of assets | ||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Change in other assets | ||||||||||||||||
16,500 | 18,300 | 8,100 | 5,700 | 8,200 | 6,200 | 4,000 | 7,100 | 2,000 | -500 | 7,700 | 9,100 | 4,000 | 4,500 | 0 | 0 | 0 |
Settlements of forward contracts | ||||||||||||||||
1,000 | 2,100 | 28,200 | 7,200 | 8,700 | 7,000 | -1,000 | -3,500 | -14,900 | -14,500 | 6,200 | -5,900 | 10,000 | 7,200 | 0 | 0 | 0 |
Net cash provided by (used in) investing activities | ||||||||||||||||
184,300 | -271,500 | -254,400 | -2,150,800 | -2,125,800 | -2,112,100 | -2,522,400 | -657,900 | -635,000 | -646,300 | -253,300 | -128,900 | 81,100 | -982,800 | 0 | 0 | 0 |
Financing activities: | ||||||||||||||||
Proceeds from borrowings | ||||||||||||||||
2,618,500 | 2,631,700 | 2,002,000 | 4,528,600 | 4,179,000 | 4,617,000 | 5,329,900 | 2,832,100 | 2,544,500 | 3,194,500 | 3,059,500 | 4,708,000 | 4,352,000 | 4,018,000 | 0 | 0 | 0 |
Repayment of borrowings | ||||||||||||||||
3,005,100 | 3,188,900 | 3,014,000 | 3,725,600 | 2,858,500 | 3,122,600 | 3,246,700 | 2,355,900 | 1,980,700 | 2,381,200 | 2,344,100 | 4,280,000 | 4,228,300 | 3,364,800 | 0 | 0 | 0 |
Payment of debt issuance costs | ||||||||||||||||
- | - | - | - | - | 30,800 | 30,900 | 19,500 | 11,900 | 14,400 | 14,400 | 16,900 | 16,900 | 22,800 | 0 | 0 | 0 |
Payments for purchase of noncontrolling interests | ||||||||||||||||
- | - | - | - | - | 10,100 | 64,700 | 64,700 | 64,700 | 57,000 | 0 | 0 | 0 | - | - | - | - |
Proceeds from noncontrolling interests | ||||||||||||||||
0 | 12,500 | 12,500 | 12,500 | 12,500 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Contingent consideration payments | ||||||||||||||||
0 | 2,200 | 2,200 | 45,200 | 45,200 | 43,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Dividends paid | ||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from the exercise of employee stock options | ||||||||||||||||
282,900 | 177,700 | 201,700 | 175,700 | 198,800 | 230,000 | 196,800 | 256,000 | 291,200 | 331,600 | 375,400 | 334,800 | 244,600 | 147,300 | 0 | 0 | 0 |
Payments related to tax withholding for stock-based compensation | ||||||||||||||||
123,600 | 75,600 | 75,300 | 78,600 | 80,400 | 95,000 | 93,300 | 98,700 | 99,500 | 89,900 | 0 | 0 | 0 | - | - | - | - |
Repurchases of common shares | ||||||||||||||||
1,000,000 | 500,000 | 200,000 | 0 | 500,000 | 672,500 | 672,500 | 984,600 | 965,400 | 1,317,800 | 1,623,200 | 1,469,700 | 990,600 | 570,000 | 0 | 0 | 0 |
Excess tax benefit from stock-based compensation | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 5,600 | 0 | 0 | 0 |
Net cash used in financing activities | ||||||||||||||||
-1,308,200 | -958,000 | -1,089,900 | 839,900 | 880,000 | 873,000 | 1,373,000 | -430,400 | -281,600 | -329,300 | -653,500 | -824,400 | -736,400 | 177,500 | 0 | 0 | 0 |
Foreign exchange impact on cash balance | ||||||||||||||||
-48,200 | -30,300 | -69,100 | -55,200 | -51,600 | -64,200 | -24,900 | -11,000 | 4,100 | 9,000 | -21,900 | 9,200 | 11,700 | 12,800 | 0 | 0 | 0 |
Net increase in cash and cash equivalents | ||||||||||||||||
10,700 | -8,500 | -30,300 | -49,500 | -22,800 | -13,800 | 600 | -3,500 | 1,200 | -5,100 | -46,900 | -183,000 | 93,600 | -154,200 | 0 | 0 | 0 |