The AES Corporation logo AES - The AES Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 10
HOLD 11
SELL 0
STRONG
SELL 0
| PRICE TARGET: $18.25 DETAILS
HIGH: $23.00
LOW: $16.00
MEDIAN: $17.00
CONSENSUS: $18.25
UPSIDE: 24.32%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 3,180 3,101 3,351 2,855 2,926 2,962 3,289 2,942 3,085 2,968 3,434 3,035 3,239 3,060 3,627 3,078 2,853 2,770 3,037 2,700 2,635 2,560 2,545 2,218 2,338 2,432 2,625 2,483 2,650 2,622 2,838 2,538 2,744 2,640 2,681 2,613 3,482 3,527 3,522 3,470 3,482 3,527 3,522 3,656 3,758 4,132 4,441 4,311 4,262 3,800 3,996 3,945 4,150 4,622 4,355 4,089 4,586 4,157 4,307 4,435 4,156 4,404 3,990 3,923 3,920 3,408 3,652 3,291 3,269 3,475 4,319 4,126 4,081 3,664 3,484 3,340 3,091 3,129 2,947 2,862 2,817 2,973 2,759 2,649 2,663 2,543 2,422 2,262 2,257 2,087 2,192 2,134 2,038 2,299 1,877 2,545 1,916 1,761 1,751 1,696
Cost of Revenue 2,540 2,519 2,616 2,402 2,485 2,542 2,568 2,389 2,466 2,474 2,516 2,529 2,645 2,497 2,735 2,515 2,322 2,211 2,276 1,972 1,971 1,654 1,789 1,693 1,831 1,871 1,924 1,981 2,064 1,978 2,166 1,937 2,081 1,976 2,053 1,990 2,024 370 2,854 2,655 2,762 2,502 2,857 2,901 3,037 3,424 3,674 3,492 3,468 3,130 3,069 3,044 3,401 3,682 3,388 3,396 3,514 3,042 3,297 3,443 3,163 3,393 3,023 2,921 2,959 2,651 2,685 2,488 2,413 0 3,357 3,097 3,039 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,691 1,588 1,417 1,921 841 1,308 1,358 1,220
Gross Profit 640 582 735 454 440 420 721 553 620 495 917 506 595 555 897 564 532 558 759 731 665 906 757 523 508 562 702 503 595 646 673 602 661 641 630 622 593 648 685 671 593 648 685 755 721 708 767 819 794 670 927 901 749 940 967 693 1,072 1,115 1,010 992 993 1,011 967 1,002 961 757 967 803 856 3,475 962 1,029 1,042 3,664 3,484 3,340 3,091 3,129 2,947 2,862 2,817 2,973 2,759 2,649 2,663 2,543 2,422 2,262 2,257 2,087 2,192 2,134 347 711 460 624 1,075 453 393 476
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 55 69 46 49 77 90 57 66 75 64 64 72 55 58 51 46 52 36 39 45 46 46 41 40 38 60 41 49 46 58 43 35 56 60 52 49 54 59 40 49 54 59 40 50 55 39 45 52 51 37 53 53 54 76 64 74 87 108 90 97 95 113 98 101 80 90 81 87 84 84 90 99 98 115 93 89 79 125 67 58 57 78 49 45 49 52 40 42 48 60 32 44 28 33 41 22 16 21 19 29
Other Expenses 0 0 135 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 (9,656) 0 0 0 (7,340) 2,675 2,436 2,242 2,572 2,121 2,015 1,900 2,044 1,862 2,123 1,839 1,829 1,690 1,606 1,578 1,372 1,725 3,628 1,661 0 0 94 582 0 0 0
Operating Expenses 55 69 181 49 77 90 57 66 75 64 64 72 55 58 51 46 52 36 39 45 46 46 41 40 38 60 41 49 46 58 43 35 56 60 52 49 54 59 40 49 54 59 40 50 55 39 45 52 51 37 53 53 54 76 64 74 87 108 90 97 95 113 98 101 80 90 81 87 94 (9,572) 90 99 98 (7,225) 2,768 2,525 2,321 2,697 2,188 2,073 1,957 2,122 1,911 2,168 1,888 1,881 1,730 1,648 1,626 1,432 1,757 3,672 1,689 33 41 116 598 21 19 29
Operating Income
Operating Income 585 513 554 405 363 330 664 487 545 431 853 434 540 497 846 518 480 522 720 686 619 860 716 483 470 502 661 454 549 588 630 567 605 581 578 573 539 589 645 622 539 589 645 705 666 669 722 767 743 607 874 848 695 864 903 619 985 1,007 920 895 898 898 869 901 881 667 886 716 762 684 846 930 944 710 716 800 770 432 759 789 860 851 848 481 775 662 692 614 631 655 435 (1,538) 353 678 419 508 477 432 374 447
Interest Expense 353 373 348 346 326 360 376 358 357 349 329 297 333 304 267 269 235 219 209 224 174 326 248 115 217 259 242 266 257 246 244 251 266 310 277 256 325 345 329 313 325 345 329 287 363 385 390 323 373 417 358 337 370 370 396 384 416 425 418 381 338 359 381 389 381 320 406 368 380 0 458 469 435 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 65 72 76 70 69 69 119 88 105 153 144 131 123 119 100 95 75 86 71 73 68 70 64 64 70 76 81 82 79 79 79 76 76 59 63 59 97 99 110 93 97 99 110 116 90 160 69 73 63 62 85 63 65 86 88 82 91 107 102 96 95 104 96 101 108 66 90 89 93 0 156 133 116 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,028 497 1,493 739 641 959 1,011 788 946 62 1,029 578 871 (333) 1,150 373 769 (1,049) 1,052 357 458 1,170 (4) 491 805 635 928 650 857 825 834 851 1,518 672 884 772 776 336 914 843 776 336 914 982 996 1,127 1,308 1,060 797 672 1,129 1,076 1,009 1,317 (555) 931 1,545 1,400 1,009 1,312 1,338 218 1,038 1,236 1,228 1,063 1,274 1,179 1,274 2,184 1,251 2,182 1,303 1,082 953 815 770 432 759 789 860 851 848 481 775 894 692 614 831 655 435 (1,538) 349 678 419 508 477 432 374 447
EBIT 595 96 1,128 385 304 621 705 473 634 (230) 743 301 598 (586) 884 109 499 (1,310) 795 94 183 905 (268) 220 537 364 666 384 611 592 576 593 1,264 387 581 482 485 37 623 553 485 37 623 683 698 819 996 741 491 360 808 744 680 961 (887) 585 1,185 1,085 684 995 1,033 (84) 746 945 935 781 1,005 926 1,029 1,943 991 1,926 1,059 1,082 716 815 770 432 759 789 860 851 848 481 775 662 692 614 631 655 435 (1,538) 349 678 419 508 477 432 374 447
Income Before Tax 234 (269) 780 17 (56) 256 320 118 262 (568) 400 (21) 261 (907) 591 (155) 231 (1,538) 611 (140) (21) 562 (628) 113 318 (70) 428 123 348 354 338 356 1,009 122 328 228 160 (308) 294 240 160 (308) 294 396 335 434 606 418 118 (57) 450 407 310 591 (1,283) 201 769 660 266 614 695 (443) 365 556 554 461 599 558 649 744 533 1,457 624 531 248 561 288 106 (363) 281 516 272 387 167 271 140 214 120 138 155 99 (2,635) (108) 356 227 163 307 186 200 407
Income Tax Expense (41) (139) 226 167 17 7 103 (35) (16) 82 109 (2) 72 79 145 (19) 60 (208) 126 (59) 8 161 (147) 113 89 50 130 57 115 199 146 132 231 720 93 86 67 (353) 75 (7) 96 204 43 123 96 116 92 157 54 58 126 76 83 189 172 75 268 167 68 174 215 (255) 102 261 186 114 203 105 174 49 168 318 239 84 156 275 175 33 5 88 186 93 173 80 147 48 128 17 64 66 34 (69) (7) 110 81 57 86 52 60 133
Net Income 487 322 634 (105) 46 560 509 282 432 (101) 231 (39) 151 (903) 421 (179) 115 (632) 343 24 (148) 318 (333) (86) 144 (78) 210 16 154 128 98 290 684 (731) 152 53 (24) (949) 170 53 (24) (949) 170 69 142 206 488 133 (58) (206) 71 167 82 175 (1,568) 140 341 (209) (131) 174 224 (436) 114 144 187 (48) 185 303 218 (47) 145 903 233 17 104 254 (461) 81 (327) 175 348 177 244 85 124 160 93 74 48 (444) (129) (2,765) (115) 52 115 106 221 134 140 267
Per Share Data
EPS (Basic) 0.68 0.46 0.89 -0.15 0.07 0.79 0.71 0.40 0.62 -0.15 0.34 -0.06 0.22 -1.35 0.63 -0.27 0.17 -0.95 0.52 0.04 -0.22 0.48 -0.50 -0.12 0.22 -0.12 0.32 0.02 0.23 0.19 0.15 0.44 1.04 – 0.23 0.08 -0.04 -1.44 0.26 -0.73 0.19 -0.13 0.27 0.10 0.20 0.29 0.68 0.18 -0.08 – 0.09 0.22 0.11 – -2.10 0.18 0.45 – -0.17 0.22 0.28 – 0.14 0.18 0.27 – 0.28 0.45 0.33 – 0.22 1.34 0.35 – 0.16 0.38 -0.69 – -0.50 0.27 0.53 – 0.38 0.13 0.19 – 0.14 0.12 0.08 – -0.22 – -0.22 – 0.22 0.20 – 0.29 0.30 0.59
EPS (Diluted) 0.68 0.46 0.89 -0.15 0.07 0.79 0.71 0.40 0.60 -0.15 0.32 -0.06 0.21 -1.35 0.59 -0.27 0.16 -0.95 0.48 0.04 -0.22 0.47 -0.50 -0.12 0.22 -0.12 0.32 0.02 0.23 0.19 0.15 0.44 1.03 – 0.23 0.08 -0.04 -1.44 0.26 -0.73 0.19 -0.13 0.26 0.10 0.20 0.29 0.67 0.18 -0.08 – 0.09 0.22 0.11 – -2.10 0.18 0.44 – -0.17 0.22 0.28 – 0.14 0.18 0.27 – 0.28 0.45 0.33 – 0.22 1.31 0.34 – 0.15 0.37 -0.69 – -0.50 0.26 0.52 – 0.37 0.13 0.19 – 0.14 0.11 0.08 – -0.22 – -0.22 – 0.21 0.20 – 0.29 0.28 0.56
Shares Outstanding 715 714 714 711 711 708.9 711 707.4 690 669.5 670 650 669 668.9 668.3 663.0 668 665.3 667 700 666 662.5 666 691.7 664 664 664 850 667 673.7 662 661 663 0 660 660 659 659.0 659 659 661 653.8 679 693 704 710.3 721 725 724 0 742 747 745 0 747 764 766 0 778 782 787 0 814.3 695 695 0 667 667 665 0 669 672 671 0 666 667 668.1 0 654 648.1 656.6 0 642.1 653.8 652.6 0 664.3 616.7 600 0 586.4 0 535 0 531 532.1 0 462.1 473 414.2
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1
Current Assets
Cash & Cash Equivalents 1,600 2,073 1,758 1,350 1,753 1,524 1,919 1,773 1,994 1,426 1,765 1,322 1,441 1,374 1,553 1,075 1,056 943 1,411 1,213 1,886 1,089 1,505 1,417 1,544 1,029 1,145 1,169 1,426 1,166 1,187 1,140 1,212 949 1,398 1,213 1,588 1,305 1,325 1,265 1,185 2,891 3,392 1,809 1,735 1,267 2,273 1,248 1,120 1,737 2,151 1,163 780 975 1,297 1,190 1,830 881 1,106 1,200 822 669 702 391 437 491 383 367 317 302 358 323 423 185 243 220 185 239 248.3 242.9 231.5 255.2 334.6 299.4 292.7
Short-Term Investments 51 174 66 0 64 79 62 61 394 395 538 713 822 730 671 595 440 232 170 282 187 335 384 422 328 400 334 410 378 313 401 856 617 424 563 740 634 798 596 544 628 1,716 1,731 1,648 1,152 1,134 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,651 1,752 1,790 1,865 1,719 1,646 1,868 1,507 1,624 1,420 1,725 1,710 1,859 1,799 1,787 1,675 1,523 1,418 1,400 1,374 1,342 1,300 1,404 1,414 1,446 1,479 1,503 1,538 1,564 1,595 1,510 1,423 1,498 1,463 2,357 2,173 2,134 2,311 2,081 2,087 2,581 2,200 2,259 2,142 2,314 2,202 2,119 1,165 1,204 1,211 1,142 1,140 1,264 1,292 1,586 1,569 1,527 1,498 1,943 1,364 1,563 936 679 447 442 383 386 401 381 346 219 208 98 104 92 74 104 65 65 58.8 52.2 43.6 42.6 40 30.9
Inventory 648 612 607 647 624 593 646 661 639 712 798 774 864 1,055 998 871 688 604 577 445 446 461 474 504 461 487 495 496 579 577 562 583 569 562 660 633 645 630 637 655 682 551 575 569 577 502 511 366 357 376 0 387 384 503 589 542 498 499 505 437 316 307 146 123 116 119 127 121 95 95 69 71 71 81 73 40 81 36 43.1 44.5 25.4 23.1 23.9 21.9 23
Other Current Assets 2,027 1,699 2,437 2,326 3,550 2,832 5,897 5,412 2,321 2,519 2,330 2,468 2,490 2,587 2,470 2,525 2,344 2,017 1,999 2,102 2,271 2,127 2,018 2,117 1,866 1,756 1,921 1,806 1,797 1,234 1,258 1,169 1,476 2,938 1,593 1,476 1,282 1,006 2,563 2,739 1,755 2,034 2,282 2,494 1,894 1,761 2,717 1,705 2,100 1,562 2,026 2,045 1,921 2,272 883 1,124 1,074 2,695 1,216 1,481 653 675 339 310 289 261 334 285 267 447 153 133 138 132 52 77 132 85 84.8 83.1 97.5 113.8 44.8 47.2 49.8
Total Current Assets 6,110 6,502 6,820 6,320 7,878 6,831 10,526 9,555 7,170 6,649 7,317 7,205 7,643 7,643 7,628 6,923 6,142 5,356 5,690 5,530 6,237 5,414 5,885 5,966 5,751 5,231 5,470 5,517 5,855 5,015 5,015 5,287 5,438 6,398 6,660 6,318 6,401 6,411 7,294 7,381 6,947 9,564 10,460 8,787 8,022 7,213 7,620 4,484 4,781 4,886 5,319 4,735 4,349 5,042 4,355 4,425 4,929 5,573 4,770 4,482 3,354 2,587 1,866 1,271 1,284 1,254 1,230 1,174 1,060 1,190 799 735 730 502 460 411 502 425 441.2 429.3 406.6 435.7 445.9 408.5 396.4
Non-Current Assets
Property, Plant & Equipment 39,290 38,187 36,511 34,727 33,995 33,166 32,354 30,732 31,906 29,958 27,535 26,077 24,213 23,039 21,597 20,753 20,453 19,906 22,788 22,582 22,498 22,826 22,287 22,836 22,570 22,574 21,853 21,565 21,228 21,396 21,108 20,719 20,688 20,296 24,356 23,192 23,148 22,847 23,283 23,035 23,416 24,086 24,827 24,297 23,054 21,705 19,828 18,236 18,434 18,505 19,026 18,636 18,846 22,966 22,892 21,620 20,998 17,846 17,007 17,228 13,732 13,447 6,681 6,306 5,688 5,504 5,512 5,562 4,296 4,149 3,060 3,164 2,304 2,220 2,101 1,762 2,220 1,550 1,496.9 1,427.7 1,257.3 1,183.1 1,178.8 1,191.3 1,198.7
Goodwill 342 342 345 345 345 345 348 348 348 348 362 362 362 362 1,179 1,179 1,182 1,177 1,110 1,110 1,146 1,061 1,059 1,059 1,059 1,059 1,059 1,059 1,059 1,059 1,059 1,059 1,059 1,059 1,157 1,157 1,157 1,157 1,157 1,157 1,157 1,293 1,297 1,299 1,430 1,417 1,438 1,165 1,204 1,211 1,142 1,140 1,264 2,040 1,586 1,569 1,527 1,498 1,943 1,364 1,563 936 679 447 442 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 2,019 2,040 2,016 2,050 1,943 1,947 1,928 1,879 2,258 2,243 2,290 2,282 1,862 1,841 1,626 1,646 1,585 1,450 928 900 797 827 614 566 459 469 462 460 467 436 400 341 362 366 474 397 353 359 227 219 209 574 508 510 486 484 333 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 386 401 381 346 219 208 98 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 1,006 2,006 1,030 1,091 1,129 1,124 1,162 1,156 1,029 941 894 858 768 952 1,121 1,098 1,081 1,080 781 793 785 835 787 802 938 966 1,209 1,086 1,147 1,114 1,277 1,327 1,282 1,197 1,164 683 674 621 626 615 611 1,227 1,175 1,157 1,043 949 709 (594) 195 4,630 (407) (536) 4,586 1,028 0 0 0 6,860 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 3,627 2,294 3,657 3,607 2,954 3,628 3,340 3,633 3,939 4,264 4,335 4,338 4,185 4,207 4,244 4,076 3,820 3,585 3,419 3,512 3,505 3,352 3,299 3,133 3,168 3,193 3,235 3,429 3,607 3,404 3,542 3,781 3,650 3,666 4,263 3,965 3,997 3,943 4,018 4,084 3,961 3,353 2,976 2,881 2,750 2,517 3,166 4,433 3,895 479 7,997 7,702 4,565 5,152 6,300 6,564 6,802 (1,555) 6,740 6,508 5,499 4,051 3,392 3,593 3,127 4,023 3,616 3,702 3,617 3,547 2,683 2,377 992 900 858 768 900 345 287.4 285.7 308.5 296.1 274.8 269.8 263.1
Total Non-Current Assets 46,709 45,266 43,963 42,222 40,737 40,575 39,553 38,183 39,875 38,150 35,844 34,300 31,714 30,720 30,147 29,147 28,506 27,607 29,340 29,197 28,966 29,189 28,382 28,600 28,391 28,417 27,953 27,721 27,616 27,506 27,474 27,310 27,135 26,714 32,174 30,151 30,107 29,708 29,814 29,593 29,953 31,137 31,422 30,748 29,396 27,625 25,730 24,513 24,953 25,018 28,839 28,134 29,427 31,524 32,026 31,104 30,659 25,460 24,700 24,538 20,048 18,293 10,240 9,966 8,881 9,527 9,157 9,290 7,935 7,719 5,769 5,597 3,348 3,120 2,959 2,530 3,120 1,895 1,784.3 1,713.4 1,565.8 1,479.2 1,453.6 1,461.1 1,461.8
Total Assets 52,819 51,768 50,783 48,542 48,615 47,406 50,079 47,738 47,045 44,799 43,161 41,505 39,357 38,363 37,775 36,070 34,648 32,963 35,030 34,727 35,203 34,603 34,267 34,566 34,142 33,648 33,423 33,238 33,471 32,521 32,489 32,597 32,573 33,112 38,834 36,469 36,508 36,119 37,108 36,974 36,900 40,701 41,882 39,535 37,418 34,838 33,350 28,997 29,734 29,904 34,158 32,869 33,776 36,566 36,381 35,529 35,588 31,033 29,470 29,020 23,402 20,880 12,106 11,237 10,165 10,781 10,387 10,464 8,995 8,909 6,568 6,332 4,078 3,622 3,419 2,941 3,622 2,320 2,225.5 2,142.7 1,972.4 1,914.9 1,899.5 1,869.6 1,858.2
Current Liabilities
Account Payables 2,767 1,980 2,000 2,284 2,260 2,571 2,663 2,422 2,939 3,173 1,641 1,583 1,505 2,392 1,688 1,685 1,288 1,153 1,015 948 832 1,156 1,103 1,207 1,069 1,311 1,237 1,234 1,224 1,329 1,299 1,506 1,317 1,371 2,091 1,684 1,657 1,238 1,426 1,434 1,739 4,067 4,057 1,862 1,038 1,087 978 1,083 1,127 1,225 1,180 1,153 1,018 1,085 771 769 690 833 594 398 388 381 261 237 249 215 192 207 187 205 74 75 61 64 36 35 64 33 35.4 37.6 12.6 12.3 14.2 15.3 14.7
Short-Term Debt 3,200 3,147 4,386 3,717 4,167 3,587 4,946 3,066 4,233 4,132 3,760 2,945 2,237 1,758 2,007 2,202 2,254 1,367 1,494 1,345 1,505 1,430 1,841 2,041 2,223 1,868 1,882 1,087 1,265 1,659 1,308 1,235 2,025 2,164 2,257 2,572 1,137 1,052 1,091 1,610 2,220 1,904 2,336 1,932 1,384 943 1,247 1,797 2,413 2,846 4,548 4,015 3,303 5,019 2,466 2,800 2,796 2,471 2,118 2,192 1,102 1,216 968 676 1,514 1,413 1,314 773 200 596 533 697 110 198 332 173 198 134 110.1 73 63.1 60.8 60.2 78.6 77.6
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 85 84 139 299 438 611 0 0 34 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 3,248 749 0 1,004 662 2,999 2,821 186 499 328 337 346 354 541 547 578 474 555 572 699 667 519 526 438 442 455 418 418 8 17 17 63 1,033 15 37 41 1,654 802 841 0 134 150 227 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1
Total Current Liabilities 8,374 8,492 9,434 7,679 9,344 8,571 12,375 9,823 9,211 9,731 8,819 7,628 6,776 6,491 5,902 5,989 5,753 4,732 4,658 4,337 5,021 5,362 5,777 5,448 5,432 5,096 4,991 4,042 4,357 4,399 4,047 3,994 4,876 6,028 6,736 6,411 5,243 5,272 5,713 6,216 6,572 6,364 6,894 6,621 5,397 4,525 5,578 5,236 5,949 6,487 10,343 9,590 6,511 8,259 5,366 5,569 5,326 4,882 4,262 4,226 2,541 2,570 1,878 1,290 2,110 1,976 1,866 1,436 751 1,204 829 1,007 276 382 492 265 382 228 209.8 187 108.6 107.5 114.4 129.6 124.2
Non-Current Liabilities
Long-Term Debt 27,799 26,072 26,463 26,554 26,409 25,431 24,506 25,488 25,370 22,746 23,631 23,598 22,594 21,740 20,198 19,174 17,998 17,332 18,517 18,664 18,379 18,451 19,505 19,332 18,867 18,305 17,879 18,668 18,445 17,636 18,088 18,356 17,661 17,801 19,776 18,195 19,197 18,402 19,740 19,170 18,337 17,768 18,306 17,605 17,836 17,014 14,748 16,540 16,330 16,792 15,385 15,493 16,799 18,132 19,687 17,898 18,020 16,321 15,975 15,056 13,931 10,818 6,837 6,660 5,286 5,241 5,057 5,854 4,909 4,585 3,387 3,366 2,166 2,008 1,751 1,710 2,008 1,223 1,165.3 1,135.8 1,126.8 1,144.1 1,166.7 1,159.8 1,191.3
Deferred Tax Liabilities 1,605 1,581 1,885 1,635 1,475 1,490 1,696 1,588 1,507 1,245 1,257 1,104 1,110 1,139 1,169 1,086 1,035 977 1,144 1,121 1,136 1,100 926 1,166 1,105 1,213 1,198 1,233 1,302 1,280 1,214 1,165 1,207 1,006 742 746 758 804 1,042 1,036 1,118 1,208 1,130 1,090 1,237 1,135 1,181 1,062 1,048 1,051 849 957 981 1,650 2,105 2,061 2,044 1,632 2,373 2,619 1,894 1,787 116 239 247 268 318 302 351 273 231 221 228 243 175 167 243 149 138.7 134.6 114.6 73.3 59.7 48.9 41.3
Other Non-Current Liabilities 5,685 2,586 2,471 4,991 3,662 4,210 3,863 3,810 4,677 5,092 4,198 4,417 4,414 4,489 5,045 4,968 5,148 5,355 4,947 5,208 4,999 4,970 3,986 3,978 4,021 3,805 3,969 3,827 3,718 3,602 3,431 3,425 3,304 3,432 5,401 5,043 5,181 5,941 4,845 4,879 4,689 4,707 5,016 5,339 4,717 4,467 (15,929) (17,602) (17,378) (17,614) (16,234) (16,450) (17,985) (19,782) (21,792) (19,959) (20,064) (18,184) (18,348) (17,675) (15,825) (12,605) (6,953) (6,899) (5,533) (5,509) (5,375) (6,156) (5,260) (4,858) (3,618) (3,587) (2,394) (2,251) (1,926) (1,877) (2,251) (1,393) (1,304) (1,270.4) (1,241.4) (1,217.4) (1,226.4) (1,208.7) (1,232.6)
Total Non-Current Liabilities 35,089 31,347 30,819 33,180 31,546 31,131 30,065 30,886 31,554 29,083 29,086 29,119 28,118 27,368 26,412 25,228 24,181 23,664 24,608 24,993 24,514 24,521 24,417 24,476 23,993 23,323 23,046 23,728 23,465 22,518 22,733 22,946 22,172 22,239 25,919 23,984 25,136 25,147 25,627 25,085 24,144 23,683 24,452 24,034 23,790 22,616 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 43,463 39,839 40,253 40,859 40,890 39,702 42,440 40,709 40,765 38,814 37,905 36,747 34,894 33,859 32,314 31,217 29,934 28,396 29,266 29,330 29,535 29,883 30,194 29,924 29,425 28,419 28,037 27,770 27,822 26,917 26,780 26,940 27,048 28,267 32,655 30,395 30,379 30,424 31,340 31,301 30,716 30,047 31,346 30,655 29,187 27,141 26,914 26,657 27,492 28,213 33,089 32,207 34,291 33,249 30,143 28,457 27,157 26,054 24,063 23,310 19,331 17,095 9,090 8,400 7,811 7,705 7,474 7,736 6,279 6,353 4,495 4,636 2,726 2,688 2,540 2,151 2,688 1,634 1,521 1,462.3 1,355 1,330 1,344.4 1,342.2 1,361
Stockholders' Equity
Common Stock 9 9 9 9 9 9 9 9 9 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 7 7 7 7 6 6 6 6 6 6 5 5 5 5 5 5 5 2 2 2 2 2 2 2 2 2 2 2 1 1 1 1 1 1 1 0.7 0.7 0.7 0.7 0.8 0.8 0.7
Retained Earnings 1,003 641 555 (79) 214 293 (267) (769) (954) (1,386) (1,292) (1,523) (1,484) (1,635) (732) (1,153) (974) (1,089) (457) (800) (828) (680) (998) (665) (583) (692) (614) (824) (839) (1,005) (1,133) (1,234) (1,525) (2,276) (934) (1,086) (1,139) (1,146) (114) (284) 198 942 791 650 513 210 (1,260) (1,017) (1,055) (1,103) (735) (606) (700) 2,067 2,757 2,754 2,642 1,761 1,541 1,406 1,294 1,120 1,008 950 879 892 798 717 646 581 525 478 436 396 360 328 396 271 242.9 215.6 189.1 164.3 131.2 105.6 80
Accumulated Other Comprehensive Income (696) (698) (817) (836) (848) (766) (1,595) (1,409) (1,414) (1,514) (1,410) (1,567) (1,742) (1,640) (1,691) (1,790) (1,899) (2,220) (2,365) (2,347) (2,237) (2,397) (2,628) (2,693) (2,692) (2,229) (2,335) (2,147) (2,107) (2,071) (2,020) (1,988) (1,808) (1,876) (2,666) (2,741) (2,717) (2,756) (3,753) (3,768) (3,807) (2,602) (2,881) (2,724) (2,847) (3,009) (2,368) (3,280) (3,237) (3,995) (4,753) (4,893) (4,959) (4,927) (2,841) (2,301) (2,060) (1,677) (1,328) (1,202) (1,065) (1,102) (1,314) (1,195) (1,085) (343) (312) (226) (171) (131) (100) (73) (52) (33) (13) (10) (33) (10) (3.2) (2.5) (2.1) (4.4) (2.3) (3.7) (4.3)
Total Stockholders' Equity 4,420 6,887 3,865 3,369 3,468 3,644 3,290 3,091 2,900 2,488 2,779 2,492 2,362 2,437 3,409 2,995 3,044 2,798 3,482 3,265 3,377 2,634 2,004 2,462 2,539 2,996 3,140 3,208 3,234 3,208 3,305 3,309 3,193 2,465 3,186 3,021 2,991 2,794 2,882 2,766 3,201 6,687 6,247 4,675 4,392 3,915 3,199 1,174 1,077 645 206 (144) (341) 2,413 5,128 5,659 5,781 4,811 4,006 3,990 2,856 2,637 1,502 1,514 1,046 1,794 1,712 1,532 1,513 1,481 1,444 1,073 891 721 689 610 721 549 485.7 458.3 428.8 401 378.7 351.3 336
Total Liabilities & Equity 52,819 51,768 50,783 48,542 48,615 47,406 50,079 47,738 47,045 44,799 43,161 41,505 39,357 38,363 37,775 36,070 34,648 32,963 35,030 34,727 35,203 34,603 34,267 34,566 34,142 33,648 33,423 33,238 33,471 32,521 32,489 32,597 32,573 33,112 38,834 36,469 36,508 36,119 37,108 36,974 36,900 40,701 41,882 39,535 37,418 34,838 33,350 28,997 29,734 29,904 34,158 32,869 33,776 36,566 36,381 35,529 35,588 31,033 29,470 29,020 23,402 20,880 12,106 11,237 10,165 10,781 10,387 10,464 8,995 8,909 6,568 6,332 4,078 3,622 3,419 2,941 3,622 2,320 2,225.5 2,142.7 1,972.4 1,914.9 1,899.5 1,869.6 1,858.2
Debt Metrics
Total Debt 30,999 30,327 30,849 30,271 30,576 29,018 29,452 28,554 29,603 26,878 27,391 26,543 24,831 23,498 22,205 21,376 20,252 18,699 20,011 20,009 19,884 19,881 21,346 21,373 21,090 20,173 19,761 19,755 19,710 19,295 19,396 19,591 19,686 19,965 22,033 20,767 20,334 19,454 20,831 20,780 20,557 19,672 20,642 19,537 19,220 17,957 15,995 18,337 18,743 19,638 19,933 19,508 20,102 23,151 22,153 20,698 20,816 18,792 18,093 17,248 15,033 12,034 7,805 7,336 6,800 6,654 6,371 6,627 5,109 5,181 3,920 4,063 2,276 2,206 2,083 1,883 2,206 1,357 1,275.4 1,208.8 1,189.9 1,204.9 1,226.9 1,238.4 1,268.9
Net Debt 29,399 28,254 29,091 28,921 28,823 27,494 27,533 26,781 27,609 25,452 25,626 25,221 23,390 22,124 20,652 20,301 19,196 17,756 18,600 18,796 17,998 18,792 19,841 19,956 19,546 19,144 18,616 18,586 18,284 18,129 18,209 18,451 18,474 19,016 20,635 19,554 18,746 19,158 19,506 19,515 19,372 16,781 17,250 18,107 17,485 16,690 13,722 17,089 17,623 17,901 17,782 18,345 19,267 22,176 20,856 19,508 18,986 17,283 16,987 16,048 14,211 12,683 7,103 6,945 6,363 6,163 5,988 6,260 4,792 4,879 3,562 3,740 1,853 2,021 1,840 1,663 2,021 1,118 1,027.1 965.9 958.4 949.7 892.3 939 976.2
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1
Operating Activities
Net Income 487 327 671 (105) 46 560 509 282 432 (101) 231 (39) 151 (903) 421 (179) 115 (632) 343 24 (148) 318 (333) (86) 144 (78) 210 16 154 102 102 96 685 (683) 147 53 (24) (200) 171 53 (24) 244 85 124 42 48 (444) 75 (128) 93 (3,112) 31 (115) (313) 52 (39) 154 221 13 133 274 112 58 71 (13) 92 79 71 65 59 47 42 40 36 32 28 29 28.4 28 26.2 24.8 26.2 25.5 25.7 20.9
Depreciation & Amortization 433 401 365 354 337 338 306 315 312 292 286 277 273 253 266 264 270 261 257 263 275 265 264 271 268 271 262 266 246 233 258 258 254 285 303 290 291 299 291 290 291 0 0 224 199 200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 60 48 73 30 45 61 19 19 15 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 162 413 (369) 150 5 477 9 28 (606) 150 116 35 9 317 (115) (303) (188) (148) (37) (591) (586) (103) 659 (123) (143) 94 23 (185) 29 (2) 72 (104) (152) 113 115 (396) 102 88 190 135 139 377 242 394 595 (72) (602) (472) 0 0 (1,285) 519 548 940 (685) 224 96 (459) (437) 251 67 (438) 126 68 33 212 (159) 46 (89) (35) (36) 2 (22) (2) 27 (23) (9) (23.4) 18 (4.9) (7.1) (3.8) (4.4) (8.2) 0.6
Other Non-Cash Items 128 657 377 438 147 25 (81) (269) (73) 336 472 397 203 1,395 169 662 267 1,371 216 749 691 79 1,073 333 102 416 277 274 199 237 297 146 (452) 410 159 319 340 833 199 316 340 0 0 (224) (624) 225 1,602 808 437 335 4,723 (428) 174 (174) 1,013 0 0 388 99 (91) 0 180 0 12 (51) 35 (82) 28 (33) (10) (15) 15 (28) 5 12 10 11 15.7 3 28.4 10.6 8.1 14.5 11.5 8.3
Operating Cash Flow 1,201 1,488 1,297 976 545 1,088 985 392 287 725 1,122 562 625 1,066 784 408 457 523 775 351 253 668 1,267 447 373 691 761 324 690 662 767 399 515 800 739 254 703 702 819 723 640 619 327 520 209 401 556 349 312 425 326 122 433 627 380 198 237 150 (302) 362 249 (146) 184 151 8 391 (61) 190 8 76 22 85 10 35 79 23 45 30.3 62 62.3 42.4 42.7 46.4 35.5 38.9
Investing Activities
Capital Expenditure (1,766) (1,535) (1,808) (1,332) (1,254) (1,727) (1,832) (1,685) (2,148) (2,429) (1,899) (1,845) (1,551) (1,840) (1,052) (893) (766) (582) (535) (567) (432) (525) (413) (386) (576) (777) (558) (566) (504) (529) (598) (499) (495) (590) (464) (649) (474) (575) (515) (615) (640) (270) (260) (271) (187) (190) (350) (305) (308) (265) (374) (451) (638) (653) (906) (1,102) (398) (795) (760) (308) (287) (193) (343) (235) (63) (261) (114) 14 (156) (161) (144) (109) (97) (182) (119) (160) (45) 18.6 (56.2) (44.7) (75.7) (4.3) (0.6) (1.5) (3.3)
Acquisitions 154 894 179 986 319 708 580 253 105 1,416 195 (102) 116 94 193 90 (479) (664) 102 (26) 81 603 (253) (28) 5 (205) (54) 252 10 2,008 12 32 11 15 (589) 13 0 (151) (49) (2) 0 0 0 (85) 0 0 0 0 0 585 0 0 0 35 0 (47) (305) (301) 0 0 0 (4,274) (65) (1,259) (115) (267) 0 (1,280) (76) (1,388) 0 0 0 (17) (111) 0 (20) 0 (10) 0 0 0 0 0 0
Purchases of Investments 0 (145) (22) (18) (19) (125) (142) (489) (165) (204) (179) (294) (438) (431) (430) (425) (438) (253) (262) (237) (194) (153) (369) (186) (277) (522) (148) (204) (220) (341) (277) (593) (345) (726) (797) (1,160) (716) (1,354) (991) (1,160) (716) (442) (276) (335) (331) (428) (58) (12) 19 (32) (112) 36 131 (221) (686) (53) 21 0 0 0 (2) (76) 0 0 (7) 0 0 0 0 (177) 0 0 (6) 0 0 0 0 0 0 0 0 0 0 0 (6)
Sales/Maturities of Investments 126 23 18 19 33 65 197 393 141 316 296 350 356 324 380 148 197 (104) 404 59 257 188 98 87 254 142 194 180 150 292 592 269 149 598 1,012 1,023 907 1,157 985 1,023 907 299 372 430 0 0 1,767 0 0 92 70 0 0 92 (174) 43 0 56 5 0 0 41 4 0 0 62 (15) (235) 282 77 0 0 0 65 16 14 8 (1.8) (14.1) 29.5 22.4 0 (1) 0 0
Other Investing Activities 0 (194) (6) 34 (4) (226) (16) 3,854 (168) (123) (120) (47) (89) 65 (133) (154) (146) 177 (211) 10 (18) (18) 202 (113) (141) 354 (33) (106) (89) (1,742) (27) 512 1,107 270 (6) 9 (57) 684 27 20 (57) 50 (1) 92 439 (405) 451 13 (19) (102) 118 280 (60) 126 948 177 (32) (1,253) (173) (1,370) (570) (149) 32 299 15 (16) 100 70 50 54 (39) (1,597) (135) (96) (75) (404) (9) (165.2) (3) (106.9) (2.1) (96.4) 1.1 0.2 (8.1)
Investing Cash Flow (1,645) (697) (1,665) (506) (964) (1,148) (1,279) 2,235 (2,235) (1,024) (1,707) (1,938) (1,606) (1,788) (1,042) (1,234) (1,632) (1,426) (502) (761) (306) 95 (735) (626) (735) (1,008) (599) (444) (653) (312) (298) (279) 427 (433) (844) (764) (340) (239) (543) (768) (340) (363) (168) (166) 289 (616) 43 (304) (317) 195 (298) (135) (567) (621) (644) (967) (772) (2,293) (637) (1,949) (859) (4,651) (372) (1,195) (170) (482) (29) (1,431) 100 (1,672) (183) (1,706) (238) (230) (289) (550) (66) (148.4) (96.7) (42.5) (55.4) (100.7) (0.5) (1.3) (17.4)
Financing Activities
Net Debt Issuance 1,193 (1,077) 886 (898) 1,219 (118) 1,050 1,133 2,578 102 1,158 1,545 1,164 763 861 1,078 1,340 132 20 (169) (20) (816) (218) 295 1,170 200 (47) (104) 663 (224) (240) 79 (443) (338) 737 393 56 (296) (70) 393 56 (401) (246) (160) (286) (340) (222) (217) 125 (216) (120) 33 (35) 372 6 915 (120) 1,418 1,154 1,189 645 4,045 468 531 151 197 (179) 1,443 (80) 1,804 (149) 1,265 71 121 245 535 (11) 98 43 (6) (15) (22) (11.6) (30.4) (8.2)
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (79) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1.2) (1) 0 0 0 0 0 0
Dividends Paid (125) (125) (126) (125) (125) (122) (123) (122) (116) (111) (111) (111) (111) (106) (105) (106) (105) (100) (101) (100) (100) (95) (96) (95) (95) (90) (91) (91) (90) (86) (86) (86) (86) (79) (80) (79) (79) (72) (73) (72) (73) (79) (26) (21) 0 (8) 0 0 0 0 0 0 0 0 (15) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.4) 0 (0.3)
Other Financing Activities (579) (435) (116) (378) (95) (447) (85) (127) (7) (235) (52) (109) (58) 15 (17) (62) 2 345 (160) (188) 15 (357) (60) (72) (45) (65) (102) (105) (181) (173) (120) (109) (112) (252) (58) (186) (56) (121) (72) (171) (56) (2) 0 (3) (70) (41) (59) (37) 280 (9) (51) 0 (65) 38 (69) (45) 8 (28) (220) (47) (42) (72) 31 (40) (50) (3) 100 (155) (20) (273) 0 256 246 16 (12) 5 (1) 13.3 (1) 0.3 3.7 1.4 1.1 (0.4) (1.5)
Financing Cash Flow 602 (1,173) 720 (949) 999 (687) 842 884 2,455 174 995 1,325 998 672 739 910 1,297 379 (242) (308) 912 (1,269) (261) 128 1,030 45 (240) (300) 392 (483) (446) (116) (641) (669) 599 128 (79) (489) (215) 143 (79) (478) (264) (176) (354) (387) (279) (254) 405 (225) (171) 33 (100) 410 (80) 876 (105) 1,918 845 1,965 763 4,764 499 998 108 199 106 1,291 (93) 1,540 196 1,521 466 137 233 540 (11) 109 40.1 (8.4) (10.7) (21.4) (10.7) (27.5) 139.8
Cash Position
Net Change in Cash 126 (374) 334 (375) 527 (521) 410 (284) 560 (334) 291 (58) (13) 43 380 97 143 (414) 44 (594) 825 (493) 98 (189) 605 (235) (7) (338) 409 (92) 109 (108) 404 (612) 1,835 1,526 0 0 0 0 0 (217) (174) 159 128 (617) 260 (176) 490 394 (195) (53) (285) 391 (375) 107 (640) (225) (94) 378 153 (33) 311 (46) (54) 108 16 50 15 (56) 35 (100) 238 (58) 23 13 (32) (9.3) 5.4 11.4 (23.7) (79.4) 35.2 6.7 161.3
Cash at Beginning 2,073 2,447 2,113 2,488 1,961 2,482 2,072 2,356 1,796 2,130 1,839 1,897 1,910 1,867 1,487 1,390 1,247 1,661 1,617 2,211 1,386 1,879 1,781 1,970 1,365 1,600 1,607 1,945 1,536 1,628 1,519 1,627 1,223 1,835 0 0 0 0 0 1,806 1,583 1,381 1,555 1,396 1,120 1,737 1,477 1,653 1,163 769 975 1,028 1,313 922 1,297 1,190 1,830 1,106 1,200 822 669 702 391 437 491 383 367 317 302 358 323 423 185 243 220 207 239 248.3 242.9 231.5 255.2 334.6 299.4 292.7 131.4
Cash at End 2,199 2,073 2,447 2,113 2,488 1,961 2,482 2,072 2,356 1,796 2,130 1,839 1,897 1,910 1,867 1,487 1,390 1,247 1,661 1,617 2,211 1,386 1,879 1,781 1,970 1,365 1,600 1,607 1,945 1,536 1,628 1,519 1,627 1,223 1,835 1,526 1,806 1,583 1,616 1,526 1,806 1,164 1,381 1,555 1,248 1,120 1,737 1,477 1,653 1,163 780 975 1,028 1,313 922 1,297 1,190 881 1,106 1,200 822 669 702 391 437 491 383 367 317 302 358 323 423 185 243 220 207 239 248.3 242.9 231.5 255.2 334.6 299.4 292.7
Free Cash Flow (565) (47) (511) (356) (709) (639) (847) (1,293) (1,861) (1,704) (777) (1,283) (926) (774) (268) (485) (309) (59) 240 (216) (179) 143 854 61 (203) (86) 203 (242) 186 133 169 (100) 20 210 275 (395) 229 127 304 108 0 349 67 249 22 211 206 44 4 160 (48) (329) (205) (26) (526) (904) (161) (645) (1,062) 54 (38) (339) (159) (84) (55) 130 (175) 204 (148) (85) (122) (24) (87) (147) (40) (137) 0 48.9 5.8 17.6 (33.3) 38.4 45.8 34 35.6
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 3,180 3,101 3,351 2,855 2,926 2,962 3,289 2,942 3,085 2,968 3,434 3,035 3,239 3,060 3,627 3,078 2,853 2,770 3,037 2,700 2,635 2,560 2,545 2,218 2,338 2,432 2,625 2,483 2,650 2,622 2,838 2,538 2,744 2,640 2,681 2,613 3,482 3,527 3,522 3,470 3,482 3,527 3,522 3,656 3,758 4,132 4,441 4,311 4,262 3,800 3,996 3,945 4,150 4,622 4,355 4,089 4,586 4,157 4,307 4,435 4,156 4,404 3,990 3,923 3,920 3,408 3,652 3,291 3,269 3,475 4,319 4,126 4,081 3,664 3,484 3,340 3,091 3,129 2,947 2,862 2,817 2,973 2,759 2,649 2,663 2,543 2,422 2,262 2,257 2,087 2,192 2,134 2,038 2,299 1,877 2,545 1,916 1,761 1,751 1,696
Gross Profit 640 582 735 454 440 420 721 553 620 495 917 506 595 555 897 564 532 558 759 731 665 906 757 523 508 562 702 503 595 646 673 602 661 641 630 622 593 648 685 671 593 648 685 755 721 708 767 819 794 670 927 901 749 940 967 693 1,072 1,115 1,010 992 993 1,011 967 1,002 961 757 967 803 856 3,475 962 1,029 1,042 3,664 3,484 3,340 3,091 3,129 2,947 2,862 2,817 2,973 2,759 2,649 2,663 2,543 2,422 2,262 2,257 2,087 2,192 2,134 347 711 460 624 1,075 453 393 476
Operating Income 585 513 554 405 363 330 664 487 545 431 853 434 540 497 846 518 480 522 720 686 619 860 716 483 470 502 661 454 549 588 630 567 605 581 578 573 539 589 645 622 539 589 645 705 666 669 722 767 743 607 874 848 695 864 903 619 985 1,007 920 895 898 898 869 901 881 667 886 716 762 684 846 930 944 710 716 800 770 432 759 789 860 851 848 481 775 662 692 614 631 655 435 (1,538) 353 678 419 508 477 432 374 447
Net Income 487 322 634 (105) 46 560 509 282 432 (101) 231 (39) 151 (903) 421 (179) 115 (632) 343 24 (148) 318 (333) (86) 144 (78) 210 16 154 128 98 290 684 (731) 152 53 (24) (949) 170 53 (24) (949) 170 69 142 206 488 133 (58) (206) 71 167 82 175 (1,568) 140 341 (209) (131) 174 224 (436) 114 144 187 (48) 185 303 218 (47) 145 903 233 17 104 254 (461) 81 (327) 175 348 177 244 85 124 160 93 74 48 (444) (129) (2,765) (115) 52 115 106 221 134 140 267
EPS (Diluted) 0.68 0.46 0.89 -0.15 0.07 0.79 0.71 0.40 0.60 -0.15 0.32 -0.06 0.21 -1.35 0.59 -0.27 0.16 -0.95 0.48 0.04 -0.22 0.47 -0.50 -0.12 0.22 -0.12 0.32 0.02 0.23 0.19 0.15 0.44 1.03 – 0.23 0.08 -0.04 -1.44 0.26 -0.73 0.19 -0.13 0.26 0.10 0.20 0.29 0.67 0.18 -0.08 – 0.09 0.22 0.11 – -2.10 0.18 0.44 – -0.17 0.22 0.28 – 0.14 0.18 0.27 – 0.28 0.45 0.33 – 0.22 1.31 0.34 – 0.15 0.37 -0.69 – -0.50 0.26 0.52 – 0.37 0.13 0.19 – 0.14 0.11 0.08 – -0.22 – -0.22 – 0.21 0.20 – 0.29 0.28 0.56
Balance Sheet
Cash & Equivalents 1,600 2,073 1,758 1,350 1,753 1,524 1,919 1,773 1,994 1,426 1,765 1,322 1,441 1,374 1,553 1,075 1,056 943 1,411 1,213 1,886 1,089 1,505 1,417 1,544 1,029 1,145 1,169 1,426 1,166 1,187 1,140 1,212 949 1,398 1,213 1,588 1,305 1,325 1,265 1,185 2,891 3,392 1,809 1,735 1,267 2,273 1,248 1,120 1,737 2,151 1,163 780 975 1,297 1,190 1,830 881 1,106 1,200 822 669 702 391 437 491 383 367 317 302 358 323 423 185 243 220 185 239 248.3 242.9 231.5 255.2 334.6 299.4 292.7
Total Assets 52,819 51,768 50,783 48,542 48,615 47,406 50,079 47,738 47,045 44,799 43,161 41,505 39,357 38,363 37,775 36,070 34,648 32,963 35,030 34,727 35,203 34,603 34,267 34,566 34,142 33,648 33,423 33,238 33,471 32,521 32,489 32,597 32,573 33,112 38,834 36,469 36,508 36,119 37,108 36,974 36,900 40,701 41,882 39,535 37,418 34,838 33,350 28,997 29,734 29,904 34,158 32,869 33,776 36,566 36,381 35,529 35,588 31,033 29,470 29,020 23,402 20,880 12,106 11,237 10,165 10,781 10,387 10,464 8,995 8,909 6,568 6,332 4,078 3,622 3,419 2,941 3,622 2,320 2,225.5 2,142.7 1,972.4 1,914.9 1,899.5 1,869.6 1,858.2
Total Debt 30,999 30,327 30,849 30,271 30,576 29,018 29,452 28,554 29,603 26,878 27,391 26,543 24,831 23,498 22,205 21,376 20,252 18,699 20,011 20,009 19,884 19,881 21,346 21,373 21,090 20,173 19,761 19,755 19,710 19,295 19,396 19,591 19,686 19,965 22,033 20,767 20,334 19,454 20,831 20,780 20,557 19,672 20,642 19,537 19,220 17,957 15,995 18,337 18,743 19,638 19,933 19,508 20,102 23,151 22,153 20,698 20,816 18,792 18,093 17,248 15,033 12,034 7,805 7,336 6,800 6,654 6,371 6,627 5,109 5,181 3,920 4,063 2,276 2,206 2,083 1,883 2,206 1,357 1,275.4 1,208.8 1,189.9 1,204.9 1,226.9 1,238.4 1,268.9
Stockholders' Equity 4,420 6,887 3,865 3,369 3,468 3,644 3,290 3,091 2,900 2,488 2,779 2,492 2,362 2,437 3,409 2,995 3,044 2,798 3,482 3,265 3,377 2,634 2,004 2,462 2,539 2,996 3,140 3,208 3,234 3,208 3,305 3,309 3,193 2,465 3,186 3,021 2,991 2,794 2,882 2,766 3,201 6,687 6,247 4,675 4,392 3,915 3,199 1,174 1,077 645 206 (144) (341) 2,413 5,128 5,659 5,781 4,811 4,006 3,990 2,856 2,637 1,502 1,514 1,046 1,794 1,712 1,532 1,513 1,481 1,444 1,073 891 721 689 610 721 549 485.7 458.3 428.8 401 378.7 351.3 336
Cash Flow
Operating Cash Flow 1,201 1,488 1,297 976 545 1,088 985 392 287 725 1,122 562 625 1,066 784 408 457 523 775 351 253 668 1,267 447 373 691 761 324 690 662 767 399 515 800 739 254 703 702 819 723 640 619 327 520 209 401 556 349 312 425 326 122 433 627 380 198 237 150 (302) 362 249 (146) 184 151 8 391 (61) 190 8 76 22 85 10 35 79 23 45 30.3 62 62.3 42.4 42.7 46.4 35.5 38.9
Capital Expenditure (1,766) (1,535) (1,808) (1,332) (1,254) (1,727) (1,832) (1,685) (2,148) (2,429) (1,899) (1,845) (1,551) (1,840) (1,052) (893) (766) (582) (535) (567) (432) (525) (413) (386) (576) (777) (558) (566) (504) (529) (598) (499) (495) (590) (464) (649) (474) (575) (515) (615) (640) (270) (260) (271) (187) (190) (350) (305) (308) (265) (374) (451) (638) (653) (906) (1,102) (398) (795) (760) (308) (287) (193) (343) (235) (63) (261) (114) 14 (156) (161) (144) (109) (97) (182) (119) (160) (45) 18.6 (56.2) (44.7) (75.7) (4.3) (0.6) (1.5) (3.3)
Free Cash Flow (565) (47) (511) (356) (709) (639) (847) (1,293) (1,861) (1,704) (777) (1,283) (926) (774) (268) (485) (309) (59) 240 (216) (179) 143 854 61 (203) (86) 203 (242) 186 133 169 (100) 20 210 275 (395) 229 127 304 108 0 349 67 249 22 211 206 44 4 160 (48) (329) (205) (26) (526) (904) (161) (645) (1,062) 54 (38) (339) (159) (84) (55) 130 (175) 204 (148) (85) (122) (24) (87) (147) (40) (137) 0 48.9 5.8 17.6 (33.3) 38.4 45.8 34 35.6