| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payments on bridge loan | ||||||||||||
- | - | - | - | 400,000 | - | - | - | - | - | - | - | - |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||
Net earnings | ||||||||||||
824,900 | 883,900 | 1,232,900 | 712,900 | 438,700 | 512,600 | 575,400 | 584,800 | 533,100 | 571,600 | 555,600 | 477,800 | 476,800 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||||||||
Gain (Loss) on Disposition of Business | ||||||||||||
-13,200 | 184,900 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Depreciation And Amortization Of Leased Assets | ||||||||||||
194,100 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Accreted interest on zero-coupon subordinated notes | ||||||||||||
- | - | - | 1,600 | 2,000 | 2,000 | 2,300 | 2,700 | 3,900 | 5,800 | 8,300 | 11,300 | 11,100 |
Depreciation and amortization | ||||||||||||
577,200 | 552,100 | 533,200 | 499,200 | 457,800 | 245,500 | 230,100 | 229,800 | 231,400 | 203,600 | 195,100 | 179,700 | 162,800 |
Stock compensation | ||||||||||||
107,000 | 91,600 | 109,700 | 109,600 | 102,100 | 45,700 | 37,300 | 40,700 | 48,900 | 40,000 | 36,400 | 36,200 | 35,400 |
Loss on sale of assets | ||||||||||||
- | - | - | 9,200 | -4,600 | 12,500 | 3,900 | -5,500 | -7,200 | -4,100 | -2,600 | 1,100 | 200 |
Cumulative earnings in excess of distributions from equity method investments | ||||||||||||
- | - | - | -1,200 | -100 | 5,800 | 4,200 | 400 | -1,400 | -6,300 | -2,200 | -600 | -8,600 |
Asset Impairment Charges | ||||||||||||
- | - | - | 0 | 39,700 | 0 | 0 | - | - | - | - | - | - |
Deferred income taxes | ||||||||||||
- | - | - | 54,700 | -34,100 | 27,700 | 56,200 | 53,300 | 2,200 | 12,900 | 9,600 | 69,600 | 26,500 |
Increase (Decrease) in Deferred Liabilities | ||||||||||||
-29,200 | -22,200 | 525,800 | - | - | - | - | - | - | - | - | - | - |
Other Operating Activities, Cash Flow Statement | ||||||||||||
-6,500 | 10,800 | 25,800 | - | - | - | - | - | - | - | - | - | - |
Change in assets and liabilities (net of effects of acquisitions): | ||||||||||||
Increase in accounts receivable (net) | ||||||||||||
64,100 | -50,200 | 13,200 | 83,600 | 71,800 | 31,100 | 67,500 | -600 | 37,100 | 25,300 | -74,000 | 28,000 | -78,700 |
Increase (Decrease) in Unbilled Receivables | ||||||||||||
59,000 | 81,000 | -4,000 | 6,000 | 16,900 | 0 | 0 | - | - | - | - | - | - |
Increase in inventories | ||||||||||||
21,900 | 18,900 | 16,400 | 9,600 | 200 | 300 | 15,300 | 6,300 | 6,100 | 5,800 | 4,300 | -8,600 | 4,800 |
Decrease in prepaid expenses and other | ||||||||||||
42,600 | 57,900 | -19,800 | 26,500 | -62,300 | 12,900 | 32,300 | -7,100 | -9,800 | 13,500 | -5,900 | -15,100 | -16,300 |
Decrease in accounts payable | ||||||||||||
-12,800 | 43,300 | 172,300 | -8,700 | 30,700 | -21,200 | 60,800 | -30,000 | -8,700 | 50,100 | 22,800 | 15,900 | 33,900 |
Increase (Decrease) in Deferred Revenue | ||||||||||||
38,100 | -33,800 | 58,600 | 18,800 | 5,400 | 0 | 0 | - | - | - | - | - | - |
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities | ||||||||||||
-132,100 | 27,800 | -102,800 | -57,300 | -38,000 | -10,700 | -20,200 | -46,400 | 69,600 | 33,800 | -45,800 | -14,400 | 61,800 |
Net Cash Provided by (Used in) Operating Activities | ||||||||||||
1,444,700 | 1,305,400 | 1,498,100 | 1,197,100 | 982,400 | 739,000 | 818,700 | 841,400 | 855,600 | 883,600 | 862,400 | 780,900 | 709,700 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||
Capital expenditures | ||||||||||||
400,200 | 379,800 | 312,900 | 278,900 | 255,800 | 203,500 | 202,200 | 173,800 | 145,700 | 126,100 | 114,700 | 156,700 | 142,600 |
Proceeds from sale of assets | ||||||||||||
7,700 | 50,100 | 5,500 | 30,800 | 600 | 1,400 | 1,100 | 3,200 | 3,700 | 4,800 | 900 | 500 | 1,400 |
Proceeds from Sale of Other Investments | ||||||||||||
11,200 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Proceeds from Divestiture of Businesses | ||||||||||||
0 | 658,200 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Proceeds from Sale of Other Assets, Investing Activities | ||||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - | - |
Proceeds from Derivative Instrument, Investing Activities | ||||||||||||
1,700 | 18,300 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Proceeds from Sale of Equity Method Investments | ||||||||||||
- | - | - | 13,500 | 8,000 | 31,600 | 7,500 | 0 | 0 | - | - | - | - |
Line of Credit Facility Payment | ||||||||||||
- | - | - | -150,000 | -285,000 | 0 | 0 | - | - | - | - | - | - |
Purchases of short-term investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 72,800 | 1,777,900 |
Proceeds from sale of short-term investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 182,700 | 1,803,400 |
Acquisition of licensing technology | ||||||||||||
0 | 0 | 2,500 | 0 | 0 | 0 | 0 | 2,500 | 0 | 400 | 0 | 800 | 700 |
Investments in equity affiliates | ||||||||||||
27,500 | 22,300 | 36,200 | 12,500 | 11,700 | 20,200 | 6,500 | 26,000 | 0 | 10,000 | 4,300 | 0 | 0 |
Acquisition of businesses, net of cash acquired | ||||||||||||
876,000 | 117,800 | 1,882,600 | 548,600 | 3,736,000 | 159,400 | 159,500 | 335,100 | 138,300 | 1,181,300 | 212,600 | 344,800 | 222,300 |
Net Cash Provided by (Used in) Investing Activities | ||||||||||||
-1,283,100 | 206,700 | -2,228,700 | -795,700 | -3,994,900 | -350,100 | -359,600 | -534,200 | -280,300 | -1,317,500 | -334,000 | -396,000 | -341,500 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||
Proceeds from Senior Notes offerings | ||||||||||||
1,050,000 | 0 | 1,200,000 | 0 | 2,900,000 | 0 | 700,000 | 1,000,000 | 0 | 925,000 | 0 | 0 | 500,000 |
Proceeds from bridge loan | ||||||||||||
- | - | - | - | 400,000 | 0 | 0 | - | - | - | - | - | - |
Repayments of Senior Debt | ||||||||||||
687,900 | 400,000 | 500,100 | 454,700 | 500,000 | 0 | 0 | - | - | - | - | - | - |
Deferred payments on acquisitions | ||||||||||||
- | - | - | 7,600 | 100 | 6,700 | 5,600 | 0 | 0 | 4,500 | 3,300 | -4,100 | -2,800 |
Payments on vendor-financed equipment | ||||||||||||
- | - | - | - | - | - | - | - | - | 1,300 | 1,500 | 0 | 0 |
Increase in bank overdraft | ||||||||||||
- | - | - | - | - | - | - | - | - | - | -5,000 | 5,000 | -34,900 |
Repayments of Other Long-term Debt | ||||||||||||
1,002,000 | 295,000 | 493,000 | - | - | 0 | 350,000 | 0 | 900 | 100 | 100 | 100 | 100 |
Proceeds from revolving credit facilities | ||||||||||||
495,000 | 467,200 | 1,392,200 | 139,500 | 60,000 | 0 | 412,000 | 305,000 | 880,000 | 160,000 | 4,200 | 145,200 | 240,000 |
Payments on revolving credit facilities | ||||||||||||
495,000 | 467,200 | 1,392,200 | 139,500 | 60,000 | 0 | 412,000 | 865,000 | 320,000 | 235,000 | 0 | 74,400 | 240,000 |
Principal payments on term loan | ||||||||||||
- | - | - | - | - | - | - | - | 375,000 | 50,000 | 50,000 | 25,000 | 0 |
Payments On Zero Coupon Subordinated Notes | ||||||||||||
- | - | - | 40,300 | 1,300 | 18,900 | 21,500 | 8,200 | 155,100 | 11,400 | 289,400 | -2,100 | 0 |
Proceeds from Issuance of Other Long-term Debt | ||||||||||||
850,000 | 0 | 750,000 | 0 | 1,000,000 | 0 | 0 | - | - | - | - | - | - |
Payment of debt issuance costs | ||||||||||||
11,600 | 0 | 15,300 | 0 | 36,700 | 24,100 | 9,300 | 8,900 | 3,600 | 9,700 | 100 | 100 | 5,800 |
Proceeds from sale of interest in a consolidated subsidiary | ||||||||||||
- | - | - | - | - | - | - | - | - | 137,500 | 0 | 0 | - |
Cash paid to acquire an interest in a consolidated subsidiary | ||||||||||||
- | - | - | - | - | - | - | - | 147,900 | 137,500 | 0 | 0 | - |
Noncontrolling interest distributions | ||||||||||||
- | - | - | 2,100 | 0 | 1,200 | 900 | 1,200 | 7,400 | 12,600 | 11,300 | 14,000 | 0 |
Repayments of Long-term Capital Lease Obligations | ||||||||||||
- | - | - | 8,400 | 4,300 | 1,400 | 400 | 0 | 0 | - | - | - | - |
Net share settlement tax payments from issuance of stock to employees | ||||||||||||
-40,600 | -48,000 | -47,400 | -34,600 | 13,100 | 5,900 | 11,000 | 8,200 | 10,400 | 5,100 | 500 | 16,200 | 20,700 |
Net proceeds from issuance of stock to employees | ||||||||||||
64,700 | 69,100 | 73,600 | 70,600 | 98,900 | 114,800 | 174,000 | 85,800 | 118,400 | 83,400 | 24,800 | 64,400 | 77,600 |
Payments for Repurchase of Common Stock | ||||||||||||
450,000 | 700,000 | 338,100 | 43,900 | 0 | 269,000 | 1,015,600 | 516,500 | 643,900 | 338,100 | 273,000 | 333,600 | 921,200 |
Other Financing Cash Flows | ||||||||||||
25,300 | 16,000 | 36,500 | - | - | - | - | - | - | - | - | - | - |
Net Cash Provided by (Used in) Financing Activities | ||||||||||||
-252,700 | -1,389,900 | 593,200 | -671,000 | 3,184,600 | -200,600 | -518,300 | -800 | -645,000 | 515,300 | -600,900 | -218,500 | -363,700 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||||
1,800 | -12,000 | 20,500 | -13,200 | -35,700 | -12,300 | -3,600 | 1,100 | -1,700 | 800 | 1,300 | -3,100 | 400 |
Cash and Cash Equivalents, Period Increase (Decrease) | ||||||||||||
-89,300 | 110,200 | -116,900 | -282,800 | 136,400 | 176,000 | -62,800 | 307,500 | -71,400 | 82,200 | -71,200 | 163,300 | 4,900 |
Cash included in assets held for sale | ||||||||||||
0 | 0 | 100 | 0 | - | - | - | - | - | - | - | - | - |