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, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (4,275) $ (5,172)
Reconciling items:    
Depreciation 61,906 59,410
Amortization 96,901 105,443
Deferred income tax benefit (12,064) (6,305)
Amortization of debt issuance costs and discount/premium, net 10,101 10,421
Non-cash compensation expense 22,568 14,119
Gain on disposal of operating assets (3,281) (33,796)
Equity in earnings of nonconsolidated affiliates (3,766) (5,211)
Other, net 947 (2,356)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Increase in accounts receivable (126,528) (182,561)
Increase in prepaid expenses (265,927) (230,247)
Increase in other assets (60,500) (62,053)
Increase in accounts payable, accrued expenses and other liabilities 114,065 130,209
Increase in deferred revenue 508,323 588,446
Net cash provided by operating activities 338,470 380,347
CASH FLOWS FROM INVESTING ACTIVITIES    
Distributions from nonconsolidated affiliates 1,836 2,740
Investments made in nonconsolidated affiliates (1,512) (3,032)
Purchases of property, plant and equipment (66,388) (76,685)
Proceeds from disposal of operating assets, net of cash divested 3,631 81,070
Cash paid for acquisitions, net of cash acquired (24,518) (23,766)
Purchases of intangible assets (2,675) (17)
Other, net (4,019) (1,052)
Net cash used in investing activities (93,645) (20,742)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt, net of debt issuance costs 514,612 89,369
Payments on long-term debt (15,126) (106,388)
Contributions from noncontrolling interests 81 267
Distributions to noncontrolling interests (18,036) (1,936)
Purchases and sales of noncontrolling interests, net (3,528) 0
Proceeds from exercise of stock options 11,737 73,449
Payments for deferred and contingent consideration (5,541) (750)
Net cash provided by financing activities 484,199 54,011
Effect of exchange rate changes on cash and cash equivalents 13,478 (29,411)
Net increase in cash and cash equivalents 742,502 384,205
Cash and cash equivalents at beginning of period 1,299,184 1,001,055
Cash and cash equivalents at end of period $ 2,041,686 $ 1,385,260