Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (55,954) $ (66,526)
Reconciling items:    
Depreciation 33,069 32,134
Amortization 61,886 52,407
Deferred income tax expense (benefit) (1,698) 4,371
Amortization of debt issuance costs, discounts and premium, net 2,591 2,644
Non-cash compensation expense 8,923 9,497
Other, net 4,621 (3,574)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Increase in accounts receivable (16,878) (47,700)
Increase in prepaid expenses and other assets (305,294) (210,388)
Increase in accounts payable, accrued expenses and other liabilities 79,094 11,536
Increase in deferred revenue 707,038 563,260
Net cash provided by operating activities 517,398 347,661
CASH FLOWS FROM INVESTING ACTIVITIES    
Advances and collections of notes receivable, net (4,827) (664)
Investments made in nonconsolidated affiliates (5,165) (3,913)
Purchases of property, plant and equipment (30,681) (29,365)
Cash paid for acquisitions, net of cash acquired (43,378) (15,879)
Other, net (1,693) (762)
Net cash used in investing activities (85,744) (50,583)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payments on long-term debt (9,764) (8,682)
Distributions to noncontrolling interests (15,462) (3,858)
Purchases and sales of noncontrolling interests, net 0 (8,302)
Payments for deferred and contingent consideration (15,678) (2,000)
Other, net (12,385) (1,473)
Net cash used in financing activities (53,289) (24,315)
Effect of exchange rate changes on cash and cash equivalents 17,791 (48,134)
Net increase in cash and cash equivalents 396,156 224,629
Cash and cash equivalents at beginning of period 1,303,125 1,382,029
Cash and cash equivalents at end of period $ 1,699,281 $ 1,606,658