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[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2025 12-2024 12-2023 12-2022 12-2021
Cash Flows From Operating Activities
Net Income 424,000 1,504,400 311,300 449,700 492,800
Depreciation Amortization 199,900 232,000 250,600 171,800 179,900
Income taxes - deferred 2,300 27,000 -104,600 -40,000 -26,900
Accounts receivable -119,900 -135,100 -36,400 -55,400 -9,000
Accounts payable and accrued liabilities -5,400 5,700 -12,400 -24,800 60,300
Other Working Capital -472,000 203,400 -8,000 -253,400 6,800
Other Operating Activity 357,300 -1,306,000 196,600 143,300 46,600
Operating Cash Flow $386,200 $531,400 $597,100 $391,200 $750,500
Cash Flows From Investing Activities
PPE Investments -25,300 -33,600 -42,000 -43,200 -46,100
Net Acquisitions -8,800 1,901,400 -2,071,900 -158,100 -168,800
Other Investing Activity -2,900 -6,700 45,800 -25,000 11,400
Investing Cash Flow $-37,000 $1,861,100 $-2,068,100 $-226,300 $-203,500
Cash Flows From Financing Activities
Debt Issued 577,200 521,200 3,847,100 814,800 198,900
Debt Repayment -577,200 -2,199,400 -2,292,900 -590,200 -449,900
Common Stock Issued 600 -6,500 6,700 -13,600 -15,100
Common Stock Repurchased -863,400 -175,000 -100,000 -394,700 -180,000
Other Financing Activity -5,600 -4,500 -29,400 -15,300 -1,600
Financing Cash Flow $-868,400 $-1,864,200 $1,431,500 $-199,000 $-447,700
Exchange Rate Effect 24,800 -19,400 7,400 -20,600 -11,300
Beginning Cash Position 747,800 238,900 271,000 325,700 237,700
End Cash Position 253,400 747,800 238,900 271,000 325,700
Net Cash Flow $-494,400 $508,900 $-32,100 $-54,700 $88,000
Free Cash Flow
Operating Cash Flow 386,200 531,400 597,100 391,200 750,500
Capital Expenditure -25,300 -33,600 -42,000 -43,200 -46,100
Free Cash Flow 360,900 497,800 555,100 348,000 704,400
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