v3.25.3
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 794,233 $ 922,929
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 272,020 255,768
Loss (gain) on disposal of property and equipment 6,019 (1,860)
Deferred income taxes (27,450) 12,226
Other, net 22,573 21,530
Changes in operating assets and liabilities, net (7,555) 47,631
Net cash provided by operating activities 1,059,840 1,258,224
Cash flows from investing activities:    
Purchase of property and equipment (369,258) (600,399)
Proceeds from sale of property and equipment 10,915 16,150
Purchase of short-term investments   (30,000)
Proceeds from maturities of short-term investments   30,000
Other investing 100  
Net cash used in investing activities (358,243) (584,249)
Cash flows from financing activities:    
Principal payments under long-term debt agreements (20,000) (20,000)
Net borrowings under credit agreement 45,000  
Payments for share repurchases (605,425) (784,772)
Forward contract for accelerated share repurchases   (40,000)
Dividends paid (177,209) (168,206)
Other financing activities, net (6,047) (20,633)
Net cash used in financing activities (763,681) (1,033,611)
Decrease in cash and cash equivalents (62,084) (359,636)
Cash and cash equivalents at beginning of period 108,676 433,799
Cash and cash equivalents at end of period $ 46,592 $ 74,163

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