v3.24.3
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 922,929 $ 916,687
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 255,768 239,797
Gain on disposal of property and equipment (1,860) (7,446)
Deferred income taxes 12,226 37,404
Other, net 21,530 22,401
Changes in operating assets and liabilities, net 47,631 (76,401)
Net cash provided by operating activities 1,258,224 1,132,442
Cash flows from investing activities:    
Purchase of property and equipment (600,399) (651,363)
Proceeds from sale of property and equipment 16,150 22,226
Purchase of short-term investments (30,000)  
Proceeds from maturities of short-term investments 30,000 48,852
Net cash used in investing activities (584,249) (580,285)
Cash flows from financing activities:    
Payments for share repurchases (784,772) (368,095)
Forward contract for accelerated share repurchases (40,000)  
Principal payments under debt agreements (20,000) (20,000)
Dividends paid (168,206) (131,492)
Other financing activities, net (20,633) (12,281)
Net cash used in financing activities (1,033,611) (531,868)
(Decrease) increase in cash and cash equivalents (359,636) 20,289
Cash and cash equivalents at beginning of period 433,799 186,312
Cash and cash equivalents at end of period $ 74,163 $ 206,601

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