CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
12 Months Ended |
Mar. 31, 2019 |
Mar. 31, 2018 |
Mar. 31, 2017 |
| Cash flows from operating activities: |
|
|
|
| Net income |
$ 93,399
|
$ 428,534
|
$ 319,564
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
| Depreciation |
433,413
|
434,432
|
432,238
|
| Amortization and other impairment charges |
331,539
|
120,932
|
177,422
|
| Provision for doubtful accounts (Note 2) |
41,977
|
8,225
|
(184)
|
| Non-cash other loss (income) |
12,655
|
(58,223)
|
6,858
|
| Stock-based compensation |
76,032
|
81,346
|
77,330
|
| Gain from deconsolidation of subsidiary entity (Note 2) |
(86,614)
|
(151,574)
|
0
|
| Deferred income taxes |
(13,856)
|
43,187
|
(20,041)
|
| Changes in operating assets and liabilities, net of acquisitions: |
|
|
|
| Accounts receivable |
(3,628,129)
|
(4,916,843)
|
(5,136,256)
|
| Contract assets |
215,877
|
0
|
0
|
| Inventories |
(360,152)
|
(354,319)
|
85,047
|
| Other current and noncurrent assets |
(7,541)
|
(138,184)
|
84,949
|
| Accounts payable |
68,070
|
623,148
|
268,686
|
| Other current and noncurrent liabilities |
(147,694)
|
13,004
|
(117,721)
|
| Net cash used in operating activities |
(2,971,024)
|
(3,866,335)
|
(3,822,108)
|
| Cash flows from investing activities: |
|
|
|
| Purchases of property and equipment |
(725,606)
|
(561,997)
|
(525,111)
|
| Proceeds from the disposition of property and equipment |
94,219
|
44,780
|
35,606
|
| Acquisitions of businesses, net of cash acquired |
(12,796)
|
(268,377)
|
(189,084)
|
| Divestitures of businesses, net of cash held in divested businesses |
267,147
|
(2,949)
|
36,731
|
| Cash collections of deferred purchase price |
3,585,901
|
4,619,933
|
4,972,017
|
| Other investing activities, net |
44,032
|
(120,442)
|
(60,329)
|
| Net cash provided by investing activities |
3,252,897
|
3,710,948
|
4,269,830
|
| Cash flows from financing activities: |
|
|
|
| Proceeds from bank borrowings and long-term debt |
3,199,460
|
1,366,000
|
312,741
|
| Repayments of bank borrowings and long-term debt |
(3,059,828)
|
(1,420,977)
|
(141,730)
|
| Payments for repurchases of ordinary shares |
(188,979)
|
(180,050)
|
(349,532)
|
| Proceeds from exercise of stock options |
245
|
2,774
|
12,438
|
| Other financing activities, net |
19,398
|
44,468
|
(76,024)
|
| Net cash used in financing activities |
(29,704)
|
(187,785)
|
(242,107)
|
| Effect of exchange rates on cash |
(27,968)
|
(15,079)
|
17,490
|
| Net change in cash and cash equivalents |
224,201
|
(358,251)
|
223,105
|
| Cash and cash equivalents, beginning of year |
1,472,424
|
1,830,675
|
1,607,570
|
| Cash and cash equivalents, end of year |
$ 1,696,625
|
$ 1,472,424
|
$ 1,830,675
|