v3.25.2
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 523,286 $ 614,349
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 179,800 169,100
Loss on disposal of property and equipment 3,335 1,300
Other, net 15,033 15,005
Changes in operating assets and liabilities, net (99,088) 11,994
Net cash provided by operating activities 622,366 811,748
Cash flows from investing activities:    
Purchase of property and equipment (275,313) (357,638)
Proceeds from sale of property and equipment 7,062 4,829
Purchase of short-term investments   (30,000)
Other investing 100  
Net cash used in investing activities (268,151) (382,809)
Cash flows from financing activities:    
Principal payments under long-term debt agreements (20,000) (20,000)
Net borrowings under our credit agreement 130,000  
Payments for share repurchases (424,584) (597,113)
Forward contract for accelerated share repurchases   (40,000)
Dividends paid (118,527) (112,584)
Other financing activities, net (5,723) (18,737)
Net cash used in financing activities (438,834) (788,434)
Decrease in cash and cash equivalents (84,619) (359,495)
Cash and cash equivalents at beginning of period 108,676 433,799
Cash and cash equivalents at end of period $ 24,057 $ 74,304