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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Cash flows from operating activities:    
Net income $ 1,157,277 $ 1,001,809
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 207,637 190,801
Amortization of intangible assets and capitalized contract costs 119,815 113,281
Stock-based compensation 84,490 75,334
Deferred income taxes (21,366) 22,001
Change in current assets and liabilities, net of acquisitions of businesses:    
Accounts receivable, net (109,040) (132,473)
Inventories, net 55,834 (60,563)
Uniforms and other rental items in service (9,060) (85,991)
Prepaid expenses and other current assets and capitalized contract costs (104,873) (116,842)
Accounts payable 5,771 32,851
Accrued compensation and related liabilities (58,511) (32,666)
Accrued liabilities and other 52,945 17,856
Income taxes, current 5,822 18,793
Net cash provided by operating activities 1,386,741 1,044,191 Close
Cash flows from investing activities:    
Capital expenditures (307,558) (224,116)
Purchases of investments (7,592) (4,618)
Acquisitions of businesses, net of cash acquired (185,028) (32,983)
Other, net (3,100) (6,894)
Net cash used in investing activities (503,278) (268,611) Close
Cash flows from financing activities:    
Payments of commercial paper, net 0 (62,200)
Repayment of debt (13,450) 0
Proceeds from exercise of stock-based compensation awards 1,275 2,941
Dividends paid (393,310) (332,421)
Repurchase of common stock (468,146) (370,917)
Other, net (5,839) (11,996)
Net cash used in financing activities (879,470) (774,593) Close
Effect of exchange rate changes on cash and cash equivalents 341 (2,895) Close
Net increase (decrease) in cash and cash equivalents 4,334 (1,908) Close
Cash and cash equivalents at beginning of period 124,149 90,471
Cash and cash equivalents at end of period $ 128,483 $ 88,563