v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income $ 588,859 $ 523,286
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 184,017 179,800
(Gain) loss on disposal of property and equipment (20,067) 3,335
Other, net 17,285 15,033
Changes in operating assets and liabilities, net (123,759) (99,088)
Net cash provided by operating activities 646,335 622,366
Cash flows from investing activities:    
Purchase of property and equipment (139,611) (275,313)
Proceeds from sale of property and equipment 39,397 7,062
Other investing 3,168 100
Net cash used in investing activities (97,046) (268,151)
Cash flows from financing activities:    
Payments for share repurchases (239,712) (424,584)
Dividends paid (120,666) (118,527)
Principal payments under long-term debt agreements (20,000) (20,000)
Net borrowings under our credit agreement 0 130,000
Other financing activities, net (5,063) (5,723)
Net cash used in financing activities (385,441) (438,834)
Increase (decrease) in cash and cash equivalents 163,848 (84,619)
Cash and cash equivalents at beginning of period 120,091 108,676
Cash and cash equivalents at end of period $ 283,939 $ 24,057

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