American Financial Group, Inc. logo AFG - American Financial Group, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 7
HOLD 10
SELL 0
STRONG
SELL 0
| PRICE TARGET: $152.50 DETAILS
HIGH: $165.00
LOW: $140.00
MEDIAN: $152.50
CONSENSUS: $152.50
UPSIDE: 14.75%
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 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 1993 Q4 1993 Q3 1993 Q2 1993 Q1 1992 Q4 1992 Q3 1992 Q2 1992 Q1 1991 Q4 1991 Q3 1991 Q2 1991 Q1 1990 Q4 1990 Q3 1990 Q2 1990 Q1 1989 Q4 1989 Q3 1989 Q2 1989 Q1 1988 Q4 1988 Q3 1988 Q2 1988 Q1 1987 Q4 1987 Q3 1987 Q2 1987 Q1 1986 Q4 1986 Q3 1986 Q2
Revenue
Revenue 1,854 2,063 2,304 1,930 1,843 2,148 2,363 1,886 1,881 2,086 2,147 1,812 1,683 1,908 1,947 1,463 1,455 1,437 1,681 1,460 1,431 2,525 1,556 1,451 1,055 2,130 2,123 1,960 2,024 1,690 2,008 1,833 1,619 1,808 1,835 1,646 1,576 1,737 1,705 1,581 1,475 1,626 1,687 1,543 1,297 1,529 1,581 1,392 1,211 1,362 1,443 1,139 1,148 1,236 1,538 1,124 1,087 1,283 1,335 1,093 1,039 1,156 1,255 1,052 1,034 1,126.1 1,093 1,096 1,006 1,103.8 1,169.9 1,017.2 1,001.8 1,038.4 1,187.1 1,091.9 1,079.6 1,122.5 1,136.5 995 996.1 1,018.9 1,075.8 984.0 932.0 977.0 1,153.5 901.4 874.3 890.6 848.3 776.6 839.9 962.3 943.4 918.7 925.1 943.3 1,014.8 993.2 972.2 984.0 1,003.5 959.1 878.3 835.2 859.3 831.4 797.5 963.6 1,031.8 1,037.8 1,016.8 1,052.5 1,034.8 987.6 945.8 888.2 1,163.5 1,032.8 1,030.9 1,068 1,002.5 1,005.9 433.3 463.1 476.6 469.9 357.8 535.7 433.3 426.6 370.2 481.2 463.1 457.7 440.8 (319.8) 682.9 678.3 663.7 550.7 562.5 554.5 486.6 468.8 468.9 444.2 343.1 468.6 359.6 380.2 338.1 415.2 347.8 338.5 424.1 613.1 565.8 579.7
Cost of Revenue 906 1,061 1,945 1,601 1,563 1,732 2,033 1,533 1,507 1,651 1,841 1,493 1,388 1,495 1,683 1,253 1,146 1,222 1,408 1,143 1,086 1,595 1,575 1,187 1,293 1,747 1,818 1,580 1,485 1,632 1,651 1,468 1,345 1,384 1,673 1,330 1,247 1,304 1,410 1,345 1,222 1,313 1,477 1,217 1,170 1,257 1,345 1,169 962 1,021 1,185 924 876 949 1,135 891 839 (3,104) 827 676 603 378 697 567 557 0 532 130 523 463 779.9 564.9 523.3 467 657.6 571.3 545.7 463.8 778 704.8 521.1 477,654 944.2 699.1 533.4 519,905 573.6 510.5 481.4 447,004 486.5 210.4 259.3 87.8 602.5 625.7 613.2 605.0 816.0 719.3 681.2 677.1 757.6 299.2 596.1 1,499.9 255.7 246.1 252.0 1,868.4 306.8 296.7 302.8 0 310.1 289.7 277.3 284.9 278.7 304 290.3 247.8 261.6 268.7 98.5 98 94.5 109.1 99.7 103.6 105.5 95.1 111.3 (400.7) 202.4 158.8 160.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 948 1,002 359 329 280 416 330 353 374 435 306 319 295 413 264 210 309 215 273 317 345 930 (19) 264 (238) 383 305 380 539 58 357 365 274 424 162 316 329 433 295 236 253 313 210 326 127 272 236 223 249 341 258 215 272 287 403 233 248 4,387 508 417 436 778 558 485 477 1,126.1 561 966 483 640.8 390 452.3 478.5 571.4 529.5 520.6 533.9 658.7 358.5 290.2 475 (476,635.1) 131.6 284.9 398.6 (518,928.0) 579.9 390.9 392.9 (446,113.4) 361.8 566.2 580.7 874.5 341.0 292.9 312.0 338.3 198.9 273.9 291.1 307.0 246.0 659.9 282.2 (664.7) 603.6 585.3 545.4 (904.7) 725 741.1 714 1,052.5 724.7 697.9 668.5 603.3 884.8 728.8 740.6 820.2 740.9 737.2 334.8 365.1 382.1 360.8 258.1 432.1 327.8 331.5 258.9 881.9 260.7 298.9 279.9 (319.8) 682.9 678.3 663.7 550.7 562.5 554.5 486.6 468.8 468.9 444.2 343.1 468.6 359.6 380.2 338.1 415.2 347.8 338.5 424.1 613.1 565.8 579.7
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (671) 391 351 333 298 331 336 313 280 329 309 312 274 339 (93) 299 337.9 345.7 335 333.8 0 328.5 390.9 321.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20.5 22.5 23.3 23.8 20.6 21.5 19.9 32.2 18.6 19.8 19.6 0 0 0 0 0 0 0 0 0 0 0
Other Expenses 709 623 91 100 83 96 101 82 70 100 87 64 31 67 54 4 (52) (230) 6 29 10 46 (59) 124 (53) 124 128 121 126 97 113 105 100 157 133 111 106 116 117 100 97 103 111 100 97 82 91 93 88 95 116 89 97 988 (273) (254) (231) 638 21 21 21 695 21 18 18 616 19 853 16 704.1 16.3 17.3 18.7 871 17.8 17.7 18.1 876 201.2 143.6 305.2 890 160.0 136.7 294.3 0 347.3 298.2 274.7 0 289.9 516.5 543.2 822.7 289.6 269.0 261.1 281.0 261.3 (702.8) 250.2 295.8 245.3 14.8 211.6 730.6 17.2 (228.6) 13.4 1,027.7 14.9 14 14 (975.6) (297.2) 13.8 13.7 14.9 17.8 21.5 21.9 27.1 30.6 35.7 13.2 13.3 13.1 13.2 13.6 13.4 15 17.1 17.3 17.3 17.3 17.5 17.5 (101.1) 34.9 33.7 32 31.6 30.5 30.4 25 24.4 22.5 18.7 15.2 468.6 359.6 380.2 338.1 415.2 347.8 338.5 424.1 613.1 565.8 579.7
Operating Expenses 709 623 91 100 83 96 101 82 70 100 87 64 31 67 54 4 (52) (230) 6 29 10 46 (59) 124 (53) 124 128 121 126 97 113 105 100 157 133 111 106 116 117 100 97 103 111 100 97 82 91 93 88 95 116 89 97 317 118 97 102 936 352 357 334 975 350 327 330 890 358 760 315 1,042 362 352.3 352.5 871 346.3 408.6 339.8 876 201.2 143.6 305.2 890 160.0 136.7 294.3 (580,939) 347.3 298.2 274.7 (528,817) 289.9 516.5 543.2 822.7 289.6 269.0 261.1 281.0 261.3 (702.8) 250.2 295.8 245.3 14.8 211.6 730.6 17.2 (228.6) 13.4 1,027.7 14.9 14 14 (975.6) (297.2) 13.8 13.7 14.9 17.8 21.5 21.9 27.1 30.6 35.7 13.2 13.3 13.1 13.2 13.6 13.4 15 17.1 17.3 17.3 17.3 17.5 17.5 (101.1) 55.4 56.2 55.3 55.4 51.1 51.9 44.9 56.6 41.1 38.5 34.8 468.6 359.6 380.2 338.1 415.2 347.8 338.5 424.1 613.1 565.8 579.7
Operating Income
Operating Income 239 379 268 229 197 320 229 271 304 335 219 255 264 346 210 206 361 445 267 288 335 884 40 140 (185) 259 177 259 413 (39) 244 260 174 267 29 205 223 317 178 136 156 210 99 226 30 190 145 130 161 246 142 126 175 (30) 285 136 146 560 156 60 102 689 208 158 147 258.2 203 206 168 200 28 100 126 459.8 183.2 112 194.1 461.9 157.3 146.6 169.8 240,971 (28.3) 148.2 104.3 403,449 232.6 92.7 118.3 348,460 71.9 49.7 37.5 51.8 51.4 23.9 50.9 57.4 (62.4) 976.8 40.8 11.2 0.6 645.2 70.6 (1,395.3) 586.4 813.9 532.0 (1,932.4) 710.1 727.1 700 76.9 1,021.9 684.1 654.8 588.4 867 707.3 718.7 793.1 710.3 701.5 321.6 351.8 369 347.6 244.5 418.7 312.8 314.4 241.6 864.6 243.4 281.4 262.4 (218.7) 627.5 622.1 608.4 495.3 511.4 502.6 441.7 412.2 427.8 405.7 308.3 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 23 23 19 19 19 19 19 19 19 19 19 19 19 20 19 23 23 23 24 23 24 24 24 23 17 18 17 17 16 16 15 16 15 20 21 23 21 21 19 19 18 17 18 20 20 20 18 17 18 17 18 18 18 21 19 19 19 22 21 21 21 21 21 18 18 18.8 19 13 16 17.7 16.3 17.3 18.7 17.7 17.8 17.7 18.1 18.6 18.3 17.1 18.5 18.4 20.0 20.1 19.6 18.7 18.1 18.1 17.1 14.7 14.6 14.9 13.0 15.9 15.6 14.6 14.2 14.9 14.9 14.2 16.8 16.6 18.2 16.8 16.0 15.6 17.2 17.5 13.4 14.8 14.9 14 14 11.9 12.9 13.8 13.7 14.9 17.8 21.5 21.9 27.1 30.6 35.7 13.2 13.3 13.1 13.2 13.6 13.4 15 17.1 17.3 17.3 17.3 17.5 17.5 17.9 17.7 16.2 13.9 14.2 14 13.4 10.4 9.8 8 5.1 5 0 0 0 0 0 0 0 0 0 0 0
Interest Income 10 6 6 15 6 9 6 7 7 8 8 9 9 15 9 8 7 0 6 7 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 287 424 307 270 238 360 269 309 343 372 259 293 303 388 254 256 410 495 318 345 458 959 233 129 (55) 341 317 314 463 24 316 311 260 289 86 259 282 381 235 180 202 241 151 299 81 259 201 177 206 295 192 187 228 130 339 192 211 298 217 123 172 294 273 226 212 114.6 262 271 247 115.5 105.2 193.2 193.7 216 245.5 175.9 261.2 278.3 219 205.9 223.4 210.2 39.9 219.4 173.0 210.9 289.5 160.8 174.4 196.7 128.0 116.9 91.8 91.9 124.8 87.3 109.5 108.2 (7.6) 49.3 94.2 50.8 49.2 50.2 117.2 343.9 41.8 39.7 35.3 253.9 35.3 40.6 38.6 102.1 28 31.9 31.7 43.6 34.8 39.8 37.3 44.9 41.9 47.7 19.9 19.5 19.9 20.1 21.2 21.8 23.1 25.5 25.2 28.1 27.1 27.7 27.4 6.9 34.9 33.7 32 31.6 30.5 30.4 25 24.4 22.5 18.7 15.2 0 0 0 0 0 0 0 0 0 0 0
EBIT 262 402 287 248 216 339 248 290 323 354 238 274 283 366 229 229 384 468 291 311 359 908 64 163 (168) 277 194 276 429 (23) 259 276 189 287 50 228 244 338 197 155 174 227 117 246 50 210 163 147 179 263 160 144 193 (9) 304 155 165 263 177 81 123 197 229 176 165 255 222 219 184 79.6 44.3 117.3 144.7 165.4 201 129.7 212.2 242.4 175.6 163.7 188.3 145.6 (8.3) 168.2 123.9 164.7 250.6 110.8 135.4 154.9 86.5 64.6 50.5 67.8 67.0 38.6 65.0 72.2 (47.5) 14.2 57.6 27.8 18.8 16.8 86.6 317.6 17.2 17.5 13.4 219.5 14.9 14 14 331.5 12.9 13.8 13.7 14.9 17.8 21.5 21.9 27.1 30.6 35.7 13.2 13.3 13.1 13.2 13.6 13.4 15 17.1 17.3 17.3 17.3 17.5 17.5 17.9 17.7 16.2 13.9 14.2 14 13.4 10.4 9.8 8 5.1 5 0 0 0 0 0 0 0 0 0 0 0
Income Before Tax 239 379 268 229 197 320 229 271 304 335 219 255 264 346 210 206 361 445 267 288 335 884 40 140 (185) 259 177 259 413 (39) 244 260 174 267 29 205 223 317 178 136 156 210 99 226 30 190 145 130 161 246 142 126 175 (30) 285 136 146 241 156 60 102 176 208 158 147 236.2 203 206 168 61.9 28 100 126 147.7 183.2 112 194.1 223.8 157.3 146.6 169.8 127.2 (28.3) 148.2 104.3 146.0 232.6 92.7 118.3 140.2 71.9 49.7 37.5 51.8 51.4 23.9 50.9 57.4 (62.4) 9.4 40.8 11.2 0.6 23.5 70.6 302.1 53.3 68.9 89.2 204.8 86 66.5 108.7 319.6 57.5 95.4 101.5 (2.3) 150.8 82 122.8 93.2 68.6 46 26.2 24.8 34.8 28.6 (47) 82.6 35.2 45.7 26.6 33.5 23.6 23.5 24 10.8 30.8 29.4 34.3 29.4 39.6 38.8 37.2 37.8 43.7 40.1 110.8 0 0 0 0 0 0 0 0 0 0 0
Income Tax Expense 48 80 53 55 43 65 48 62 62 72 42 55 52 70 45 39 71 90 48 48 68 190 (48) 37 (41) 68 34 50 87 (4) 41 52 33 101 18 60 68 (71) 65 73 52 80 33 77 5 65 54 47 54 81 44 49 62 (49) 74 52 58 114 48 30 48 67 82 58 59 78.4 72 74 58 24.5 9.5 37 44.9 53.8 62.7 36.6 72 77.9 56.5 41.7 59.6 31.3 6.5 54.1 35.1 41.4 78.0 29.3 37.4 (89.8) 22.4 13.7 5.6 (1.5) 15.4 3.3 0.7 14.6 (22.2) 3.2 14.4 0.3 1.6 7.2 23.2 24.0 24.7 23.8 30.1 (17.9) 29.6 26 41.8 23.7 23.8 34.3 38.3 (3.2) 29.2 23.7 41.6 16.6 17.6 13 9.9 9.9 9.6 12 8.9 32.2 (51) (29.3) (4.5) 13.2 9.5 9.3 9.5 11.2 10 9.5 11.2 9.4 12.9 12.7 12.2 12.5 14.5 13.2 18.1 0 0 0 0 0 0 0 0 0 0 0
Net Income 191 299 215 174 154 255 181 209 242 263 177 200 212 276 165 167 290 355 219 1,002 419 692 164 177 (301) 211 147 210 329 (29) 204 210 145 166 11 145 153 385 109 54 101 129 63 141 19 127 116 106 103 158 83 110 120 50 226 99 113 109 97 48 88 133 132 108 106 161 127 127 104 38.6 20.9 60.3 76 89.9 112.7 67 113.6 135.5 93.5 122.9 101.5 88.5 (26.4) 81.6 62.9 92.5 138.2 55.9 73.2 196.6 41.6 30.5 25.1 3.9 26.9 12.1 41.8 31.5 (55.7) (3.8) 13.1 (94.9) (22.2) 16.3 44.7 14.8 30.1 41.4 55.3 (38.7) 56.4 40.5 66.2 41.2 26.7 61.1 63.2 (1.9) 113.2 48.4 73.6 74.8 53 33.5 16.3 14.9 26.1 15.2 (55.9) 41 82.1 75 33.9 135.3 14.1 11 6.1 (61.2) 20.8 19.9 23.1 20 26.7 26.1 25 25.3 29.2 26.9 92.7 19.3 37.8 23.8 22.5 (8.7) 19.3 12.6 14 78.6 16.1 34.1
Per Share Data
EPS (Basic) 2.29 3.57 2.57 2.08 1.84 3.04 2.16 2.49 2.89 3.14 2.09 2.35 2.49 3.24 1.94 1.97 3.41 4.18 2.57 11.78 4.88 8.01 1.86 1.98 -3.35 2.34 1.64 2.34 3.68 -0.32 2.30 2.36 1.64 1.88 0.12 1.65 1.76 4.42 1.26 0.62 1.16 1.47 0.72 1.60 0.22 1.45 1.30 1.18 1.15 1.78 0.93 1.24 1.34 0.56 2.49 1.04 1.16 1.12 0.97 0.54 0.80 1.29 1.22 0.99 0.95 1.45 1.10 1.10 0.90 0.33 0.18 0.53 0.67 0.79 0.96 0.56 0.95 1.13 0.79 1.04 0.86 0.75 -0.23 0.71 0.55 0.80 1.25 0.51 0.67 1.79 0.40 0.29 0.24 0.04 0.26 0.12 0.41 0.31 -0.55 -0.04 0.13 -0.94 -0.25 0.19 0.51 0.17 0.33 0.46 0.61 -0.43 0.61 0.43 0.72 0.45 0.30 0.69 0.69 -0.02 1.24 0.53 0.81 0.83 0.66 0.43 0.25 0.23 0.36 0.21 -0.77 0.57 1.12 1.07 0.49 1.94 0.13 0.10 0.06 -0.88 0.29 0.28 0.30 0.26 0.29 0.27 0.25 0.26 0.27 0.25 0.87 0.18 0.35 0.22 0.21 -0.08 0.17 0.11 0.12 0.67 0.13 0.28
EPS (Diluted) 2.29 3.59 2.58 2.08 1.84 3.04 2.16 2.49 2.89 3.14 2.09 2.35 2.48 3.24 1.93 1.96 3.40 4.18 2.56 11.70 4.84 7.93 1.86 1.97 -3.33 2.31 1.62 2.31 3.63 -0.32 2.26 2.31 1.60 1.84 0.12 1.61 1.72 4.31 1.23 0.62 1.14 1.45 0.71 1.57 0.21 1.41 1.28 1.15 1.13 1.73 0.92 1.20 1.32 0.54 2.39 1.01 1.14 1.10 0.94 0.52 0.79 1.25 1.21 0.97 0.93 1.42 1.09 1.09 0.88 0.33 0.18 0.52 0.64 0.77 0.93 0.54 0.92 1.11 0.77 1.02 0.85 0.74 -0.22 0.69 0.54 0.79 1.23 0.50 0.65 1.76 0.39 0.29 0.24 0.04 0.26 0.11 0.41 0.30 -0.54 -0.04 0.13 -0.93 -0.25 0.19 0.51 0.17 0.33 0.45 0.60 -0.42 0.61 0.43 0.71 0.44 0.29 0.68 0.68 -0.02 1.23 0.53 0.80 0.81 0.66 0.43 0.25 0.23 0.36 0.21 -0.77 0.57 1.12 1.03 0.49 1.94 0.13 0.10 0.06 -0.88 0.29 0.28 0.30 0.26 0.29 0.27 0.25 0.26 0.27 0.25 0.87 0.18 0.35 0.22 0.21 -0.08 0.17 0.11 0.12 0.67 0.13 0.28
Shares Outstanding 83.3 83.8 83.8 83.8 83.8 84.0 83.9 83.9 83.7 83.6 84.6 85.1 85.2 85.2 85.2 85.1 85 84.9 84.8 85 85.9 86.3 88.2 89.7 89.8 90.3 90 89.7 89.4 89.3 89.1 89 88.6 88.3 88.1 88.0 87.2 87.2 86.8 86.9 87.0 87.5 87.5 87.7 87.6 87.7 89 89.6 89.6 89.0 89.2 88.8 89.4 89.0 90.8 95.0 97.2 97.2 98.5 101.0 103.5 103.5 108.2 112 111.1 111.1 116.1 115.8 115.7 115.7 115.2 113.3 113.5 113.5 117.6 119.6 119.5 119.5 118.1 117.8 117.4 117.4 116.0 115.7 115.1 115.1 110.4 110.1 109.8 109.8 104.5 104.4 103.9 103.9 103.3 103.1 102.8 102.8 102.0 101.7 101.3 101.3 87.8 87.8 87.7 87.7 89.4 89.9 91.4 90.9 91.9 93.4 91.9 91.9 89.0 88.9 92.0 92.0 91.2 90.7 90.4 90.4 80.3 78.5 66.0 66.0 72.5 71.2 72.2 71.1 73.3 70.3 69.6 69.5 68.1 68.6 69.3 69.3 70.9 71.0 77.0 77.0 93.1 97.8 98.6 98.6 106.8 106.1 106.1 104.2 106.9 108.1 105.4 105.4 115.7 118.1 116.6 116.6 120.7 121.7
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 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 1993 Q4 1993 Q3 1993 Q2 1993 Q1 1992 Q4 1992 Q3 1992 Q2 1992 Q1 1991 Q4 1991 Q3 1991 Q2 1991 Q1 1990 Q4 1990 Q3 1990 Q2 1990 Q1 1989 Q4 1989 Q3 1989 Q2 1989 Q1 1988 Q4 1987 Q4 1986 Q4
Current Assets
Cash & Cash Equivalents 1,353 1,727 1,842 1,268 1,276 1,406 1,322 1,121 1,087 1,225 1,221 988 857 872 794 967 1,181 2,131 2,833 3,365 1,691 1,665 3,747 2,698 1,673 2,314 2,693 2,374 2,000 1,515 2,009 1,810 1,659 2,338 2,349 2,207 1,890 2,107 1,639 1,548 1,231 1,220 894 1,216 1,212 1,343 1,310 2,116 1,876 1,639 1,331 1,271 1,529 1,705 1,626 1,523 1,422 1,324 991 1,629 1,499 1,099 1,140 1,011 1,170 1,119.5 1,434.6 1,450.8 1,315 1,264 1,193.6 843.1 983.4 815.9 729.2 679.5 1,102.9 1,329 1,139.8 595.3 565.2 471.8 641.3 797.5 527.4 861.7 837.1 594.7 485 594 802 918 736 871 883 445 274 544 490 288 211 439 268 244 287 391 313 409 343 297 412 283 215 257 354 362 407 448 402 228 249 544 260 210 41 171 33 41 31 32 29 36 28 36 32 32 32 15 27.1 21.8 26.5 34.6 7.5 16.6 12.9 16.1 22.8 27.6 30.6 757.9 1,072 1,078.6
Short-Term Investments 0 717 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38,379 37,818 37,504 38,035 36,046 35,394 34,638 33,921 32,284 34,772 33,795 33,498 30,734 29,965 28,988 27,390 26,456 25,674 25,035 24,775 24,118 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,670 8,381 2,034 1,946 1,589 1,532 1,995 1,909 1,606 1,471 2,088 1,796 1,459 1,339 1,698 1,623 1,391 1,265 1,492 1,423 1,209 1,229 1,384 1,366 1,302 1,335 1,403 1,398 1,283 1,234 1,299 1,266 1,113 0 0 0 0 0 0 0 0 0 0 0 0 0 5,175 4,536 4,228 4,750 5,017 4,220 4,116 4,925 1,918 0 1,175 0 1,663 1,143 927 1,209 1,428 948 880 1,328 1,222.3 1,090.4 965.5 1,044.5 1,540.1 1,076.4 1,000.4 1,036 4,978.4 4,679.1 4,535.5 1,024.4 5,113.4 4,203.4 4,055.0 574.9 4,530.7 4,103.0 3,982.5 518.5 4,193.5 3,934.4 740.7 502.5 955.4 825.1 749.0 1,015.3 1,079.0 1,112.3 985.9 920.4 1,035.7 1,011.1 960.4 940.9 1,062.0 1,045.6 965.3 880.7 709.3 595.4 597 925.0 754.9 0 714.3 934.3 709.9 676.7 638.7 609.4 642.7 1,739.4 678 703.3 764.3 707.2 344.8 343.8 355.2 342.7 316.9 289.9 345.3 326.9 292.6 330.9 378.7 356.6 342.9 332.9 504.7 508.3 532.9 514.8 446.9 433.9 429.7 372.8 362.8 381.4 335.7 241.2 319.2 296.1
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,600 1,579 1,581 0 0 1,553 1,472 1,536 1,553 0 0 0 1,501 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 32,290 31,095 30,336 29,960 29,885 28,359 28,032 25,261 24,989.8 23,519.4 23,351.6 23,909 24,016.9 24,054.1 23,821.5 23,751.6 20,229.3 20,174.3 19,585.6 18,955.5 (123,095.1) (125,372.1) 18,128.7 (148,763.9) 17,878.0 17,510.1 17,336.0 (148,503.0) 16,982.7 16,588.9 18,993.2 (149,549.7) 17,960.2 17,242.8 0 0 0 0 15,857.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,317.2 3,220.2 3,191.5 3,225.7 3,075.5 3,045 2,871.7 2,631.8 2,468.3 2,657.4 2,509.7 2,476.5 2,259.8 2,236 2,029.4 2,056.4 1,990.1 2,190.2 2,060 2,120.6 2,162.6 1,969.5 2,000.6 1,018.9 640.2 788.2
Total Current Assets 3,023 11,914 3,876 3,214 2,865 2,938 3,317 3,030 2,693 2,696 3,309 2,784 2,316 2,211 2,492 2,590 2,572 3,396 4,325 4,788 2,900 2,894 5,131 4,064 2,975 3,649 4,096 3,772 3,283 2,749 3,308 3,076 2,772 3,546 3,582 3,390 2,937 3,160 2,754 2,626 2,279 2,323 2,043 2,344 2,256 2,427 32,176 32,006 30,001 28,834 27,806 27,060 26,953 30,154 30,831 213 28,525 35,856 34,944 33,867 32,762 32,268 32,453 30,318 30,082 27,476.3 27,646.7 26,060.6 25,632.1 26,217.5 26,750.6 25,973.6 25,805.3 25,603.5 25,936.9 25,532.9 25,224 24,934.1 (116,841.9) (120,573.4) 22,749.0 (144,066.0) 23,049.9 22,410.6 21,845.9 (143,322.5) 22,013.3 21,118.0 20,218.9 (148,132.7) 19,717.6 18,985.9 1,485.0 1,886.3 1,962.0 1,557.3 17,117.2 1,464.4 1,525.7 1,299.1 1,171.4 1,379.9 1,330.0 1,289.6 1,252.3 1,271.7 1,022.3 1,004.4 940 1,222.0 1,166.9 283 929.3 1,191.3 1,063.9 1,038.7 1,045.7 1,057.4 1,044.7 1,967.4 927 1,247.3 1,024.3 917.2 385.8 514.8 3,705.4 3,603.9 3,539.4 3,547.6 3,449.8 3,407.9 3,192.3 2,998.7 2,879 3,046 2,884.6 2,824.4 2,791.6 2,766.1 2,588.8 2,605.8 2,444.5 2,640.7 2,502.6 2,509.5 2,548.2 2,378.5 2,366.9 2,018 2,031.4 2,162.9
Non-Current Assets
Property, Plant & Equipment 0 0 201 205 207 212 214 206 181 176 167 167 116 103 104 108 111 118 118 124 133 139 154 163 162 158 162 162 167 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (73.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 263.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 64.8 64.7 90.5 95.2 94 96.2 95.4 135.8 147.8 147.9 147.1 149.8 373.3 384.2 413.2 412 411.4 414.5 411.4 335.6 324.3 305.9 304.5 301.5 345.1 571.4
Goodwill 327 327 327 305 305 305 305 305 305 305 305 246 246 246 246 246 246 246 176 176 176 176 207 207 207 207 207 207 207 207 199 199 199 199 199 199 199 199 199 199 199 199 201 201 201 201 201 200 185 185 185 185 185 185 185 186 186 186 186 186 186 186 186 208 208 207.6 207.6 210.2 210.2 210.2 209.8 209.7 209.7 204.4 204.5 176.5 167.7 167.8 178.8 166.9 166.9 166.9 165.9 165.9 165.9 165.9 165.9 170.0 169.0 168.3 169.3 169.3 173.4 248.7 309.3 309.3 309.3 312.8 316.1 321.0 324.6 318.9 314.9 324.0 328.7 332.1 0 0 0 281.8 0 0 0 299.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 333 192 193 198 203 199 204 213 213 217 102 105 108 111 101 104 106 29 30 31 34 34 37 40 43 45 48 51 54 31 34 36 26 29 30 32 34 36 919 1,094 1,225 1,083 1,057 803 870 913 864 917 989 893 847 598 578 661 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 329 311.6 278.7 0 283.4 298.3 300.9 0 269.9 272.2 275 278.6 285 287.3 294 314.1 305.8 304.3 389 394.5 397.4 400.2 403.6 406.8 358 363.1 365.9 396.6 401.4 405.7 406.2 408.9 506.3 509.7 513.4 529.1 334.8 337.1 339.7 333.1 300.6 304.3 296.4 80.8 116.4 198.2
Long-Term Investments 17,143 14,738 14,919 14,781 14,718 14,446 14,419 14,140 14,167 14,038 13,573 13,501 13,594 13,640 13,528 13,301 14,420 13,614 13,554 12,760 12,209 11,829 54,943 54,620 52,045 53,566 52,115 51,149 49,650 47,540 46,482 45,605 44,922 40,389 39,807 39,483 38,452 36,461 37,381 36,467 35,818 34,257 35,214 34,243 33,951 32,696 31,781 30,804 28,984 27,940 27,107 26,527 26,147 25,378 25,086 24,549 23,882 23,175 22,923 21,674 20,770 20,411 20,420 18,772 18,353 17,606.4 17,202.3 15,572.2 14,917.2 14,713.4 15,457.3 16,354.7 16,377.9 16,338.1 16,421.8 16,437.6 16,117.2 15,630.1 15,397.4 15,065.3 15,282.3 15,155.1 15,026.8 14,827 14,662.4 14,240.8 14,124.5 13,653.7 13,426.9 12,752.2 12,612.0 12,037.7 11,697.8 12,307.4 12,057.1 11,754.4 11,399.0 11,062.3 11,219.8 10,879.0 10,834.7 10,550.0 10,284.2 10,320.4 10,439.5 10,271.9 0 0 0 10,754.7 0 0 0 7,979.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 5,346 5,330 7,311 5,982 5,951 6,439 7,574 6,728 6,854 6,785 7,610 7,284 7,245 7,399 7,763 7,165 6,898 7,022 7,189 6,707 54,762 54,434 7,960 7,567 8,119 8,240 8,400 8,558 8,880 8,582 10,101 9,202 8,940 16,524 16,575 15,546 15,876 15,252 14,511 13,441 12,742 13,080 13,099 12,636 11,899 12,211 (17,606) (17,655) (16,400) (14,872) (14,151) (14,358) (14,146) (25,378) (25,086) (24,735) (23,882) (23,175) (22,923) (21,674) (20,770) (20,411) (20,420) (18,772) (18,353) (17,607) (17,202.9) (15,572.4) (14,917.4) (14,713.6) (15,493.1) (16,380.4) (16,390.6) (16,338.5) (16,447.3) (16,451.1) (16,123.9) (15,630.9) 126,335.8 128,443.8 (15,288.9) 151,560.0 (15,096.1) (14,889.6) (14,666.6) 151,475.4 (14,171.4) (13,665.8) (13,430.2) 155,409.4 (12,635.0) (12,051.8) (11,871.2) (12,556.0) (12,366.4) (12,063.6) (11,399.0) (11,375.1) (11,535.9) (11,200.0) (11,159.4) (10,868.9) (10,599.1) (10,644.4) (10,768.1) (10,604.0) (329) (311.6) (278.7) (11,036.5) (283.4) (298.3) (300.9) (8,278.5) (269.9) (272.2) (275) (278.6) (285) (287.3) (294) (314.1) (305.8) (304.3) (389) (394.5) 0 0 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 Non-Current Assets 22,816 20,728 22,950 21,466 21,379 22,068 22,711 21,583 21,720 21,920 21,872 21,300 21,306 21,879 21,752 20,921 21,779 21,489 21,066 19,797 67,311 66,998 63,298 62,594 60,573 62,388 60,929 60,124 58,955 57,255 56,813 55,040 54,097 57,112 56,581 55,228 54,527 51,912 52,091 50,107 48,759 47,536 48,514 47,080 46,051 45,108 14,376 13,349 12,769 13,253 13,141 12,354 12,186 185 185 24,735 186 186 186 186 186 186 186 208 208 207 207 210 210 210 174 184 197 204 179 163 161 167 141,912 143,676 160.3 166,882 96.6 103.3 161.6 165,882 119.0 157.8 165.7 168,330 146.3 155.2 11,871.2 12,556.0 12,366.4 12,063.6 572.7 11,375.1 11,535.9 11,200.0 11,159.4 10,868.9 10,599.1 10,644.4 10,768.1 10,604.0 329 311.6 278.7 11,036.5 283.4 298.3 300.9 8,278.5 269.9 272.2 275 278.6 285 287.3 294 314.1 305.8 304.3 389 394.5 462.2 464.9 494.1 502 452 459.3 461.3 532.4 549.2 553.6 553.3 558.7 879.6 893.9 926.6 941.1 746.2 751.6 751.1 668.7 624.9 610.2 600.9 382.3 461.5 769.6
Total Assets 25,839 32,642 26,826 24,680 24,244 25,006 26,028 24,613 24,413 24,616 25,181 24,084 23,622 24,090 24,244 23,511 24,351 24,885 25,391 24,585 70,211 69,892 68,429 66,658 63,548 66,037 65,025 63,896 62,238 60,004 60,121 58,116 56,869 60,658 60,163 58,618 57,464 55,072 54,845 52,733 51,038 49,859 50,557 49,424 48,307 47,535 46,552 45,355 42,770 42,087 40,947 39,414 39,139 39,171 39,633 37,052 36,211 36,042 35,130 34,053 32,948 32,454 32,639 30,526 30,290 27,683.3 27,853.7 26,270.6 25,842.1 26,427.5 26,924.6 26,157.6 26,002.3 25,807.5 26,115.9 25,695.9 25,385 25,101.1 25,070.1 23,102.6 22,909.3 22,816.0 23,146.5 22,514.0 22,007.6 22,559.5 22,132.3 21,275.9 20,384.6 20,197.3 19,864.0 19,141.2 18,542.1 19,504.8 19,284.8 18,513.8 17,689.9 17,401.7 17,549.9 16,753.5 16,506.2 16,415.5 16,233.6 16,398.7 16,154.3 16,054.1 16,018.6 16,097.1 15,709.4 15,845.2 15,605.3 16,194.5 16,023.3 15,755.3 15,683.1 15,358.1 15,183.9 15,051.1 14,954.4 14,820.9 14,855.6 14,953.9 13,942.6 13,827.7 4,120.2 4,194 4,167.6 4,068.8 4,033.5 4,049.6 3,901.8 3,867.2 3,653.6 3,531.1 3,428.2 3,599.6 3,437.9 3,383.1 3,671.2 3,660 3,515.4 3,546.9 3,190.7 3,392.3 3,253.7 3,178.2 3,173.1 2,988.7 2,967.8 2,400.3 2,492.9 2,932.5
Current Liabilities
Account Payables 0 1,195 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,700 3,739 3,088 2,918 2,936 835 588 501 2,792 724 511 494 2,872 673 445 400 2,630 601 367 250 3,191 656 396 292 2,713 651 302 228 320 446 277 357 462 646.4 274.4 286 504.1 531.2 354.3 359.2 363.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 390.2 392.1 433.7 403.1 371.7 361 391.8 350.2 318.7 344.3 327.2 0 0 0
Short-Term Debt 0 0 0 0 0 40 0 0 0 37 0 0 0 36 0 0 0 38 0 0 0 0 0 0 0 46 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6.3 0 0 0 8.7 10.4 21.4
Deferred Revenue 0 3,736 3,007 2,770 2,605 2,571 2,974 2,673 2,572 2,490 2,774 2,574 2,414 2,329 2,605 2,391 2,273 2,207 2,387 2,189 2,066 2,035 2,153 2,045 2,100 2,152 2,205 2,032 1,969 1,985 2,023 1,894 1,799 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 593.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 19,001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (3,700) (3,739) (3,088) (2,918) (2,936) (835) (588) (501) (2,792) (724) (511) (494) (2,872) (673) (445) (400) (2,630) (601) (367) (250) (3,191) (656) (396) (292) (2,713) (651) (302) (228) (320) (446) (277) (357) (462) (1,830.6) (1,325.1) (1,524.4) 21,182.3 (1,817) (1,608.5) (1,657.6) (1,615.2) (1,422.1) (1,384.4) (1,363.5) 0 (1,417.4) (1,163.1) (1,202.3) (1,215.5) (1,243.9) (1,333.4) (1,222.4) (1,785.9) (1,741.3) (1,441.2) (1,334.2) (1,624.3) (1,403.8) (1,448.6) 14,592.6 15,334.4 15,249.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (390.2) (392.1) (433.7) (403.1) (371.7) (361) (391.8) (356.5) (318.7) (344.3) (327.2) (8.7) (10.4) (21.4)
Total Current Liabilities 0 23,932 3,007 2,770 2,605 2,611 2,974 2,673 2,572 2,527 2,774 2,574 2,414 2,365 2,605 2,391 2,273 2,245 2,387 2,189 2,066 2,035 2,153 2,045 2,100 2,198 2,205 2,032 1,969 1,985 2,023 1,894 1,799 54,027 53,500 51,901 50,990 48,873 48,384 46,735 45,285 44,247 44,953 43,598 42,323 41,595 40,586 39,458 37,061 36,575 35,492 33,992 33,456 3,191 656 396 292 30,493 29,728 28,641 27,536 27,032 27,108 25,390 25,301 23,074 23,307 22,288 22,221 22,908 23,196 22,285 21,991 21,824 22,206 21,829 21,420 21,251 21,386 19,725 19,546 19,358 19,648 18,866 18,555 18,651 18,389 17,696 16,618 16,727 17,213 16,425 16,033 16,834 16,746 16,006 15,317 15,023 15,103 14,415 14,158 14,087 14,149 14,298 14,030 13,981 13,849 13,739 13,400 13,537 13,177 13,807 13,694 13,512 13,581 13,269 13,186 12,979 12,759 12,747 12,646 12,632 11,702 11,606 2,630 9,087 2,542 2,438 2,389 2,327 2,194 2,243 2,111 1,983 2,027 2,200 1,954 1,904 2,082 2,089 1,966 1,705 1,568 1,551 1,429 1,351 1,260 1,093 327.2 8.7 10.4 21.4
Non-Current Liabilities
Long-Term Debt 1,820 1,820 2,044 1,702 1,704 1,667 1,710 1,702 1,679 1,636 1,663 1,664 1,604 1,576 1,651 1,666 2,044 2,062 2,100 2,106 2,116 2,122 2,283 2,096 1,655 1,607 1,607 1,608 1,613 1,302 1,302 1,301 1,301 1,301 1,284 1,405 1,283 1,283 1,300 998 998 998 880 1,024 1,061 1,061 1,062 912 913 913 913 949 950 953 966 1,158 931 934 937 940 949 952 954 851 824 827.6 877.1 915.3 1,058.3 1,029.7 952.2 997.5 990.7 936.9 897.2 897.3 924.3 921 923.7 901.6 914.5 1,000 1,016.8 1,012.5 1,015.8 1,106 374.6 1,031.3 1,032.6 1,102 815.4 842.4 792.0 945.2 813.7 892.7 900.7 879 864.3 776.1 759.5 780.0 737.8 822.7 776.3 732.7 737.7 796.7 660.9 592.4 639.9 649.9 600 580.7 390.9 470.1 523 517.9 663.8 678 803.5 882.1 1,140 1,234.9 507.2 507.3 503.6 503.5 507.4 523.2 523.1 655.9 655.3 656.1 656.1 656.1 668.4 670.8 675.4 673.9 525.1 525.4 524.6 528.7 384.4 372.5 379.7 184.5 219.6 159.7 188.9 86.7
Deferred Tax Liabilities 0 0 0 0 0 359 0 0 0 267 0 0 0 153 0 0 0 307 0 0 0 238 0 0 0 0 0 0 0 507 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22.4 27.6 29.7 29.7 29.7 29.8 29.8 29.7 30.1 30.7 30.2 29.7 32.6 34.8
Other Non-Current Liabilities 19,341 2,070 16,821 15,466 15,315 15,711 16,401 15,627 15,718 15,767 16,574 15,663 15,537 15,864 15,938 15,263 15,072 15,161 15,528 14,546 59,191 58,549 57,478 56,207 54,564 55,829 54,708 53,981 52,801 51,238 51,632 49,837 48,586 43,708 42,340 41,903 41,211 39,793 38,057 (998) (998) (998) (880) (1,024) (1,061) 0 (1,062) (912) (913) 0 0 (949) (950) 0 (966) (1,158) 0 (934) (937) (940) (949) (952) (954) (851) (824) (827.6) (877.1) (915.3) (1,058.3) (1,029.7) (952.2) (997.5) (990.7) (936.9) (897.2) (897.3) (924.3) (921) (923.7) (901.6) (914.5) (1,000) (1,016.8) (1,012.5) (1,015.8) (1,106) (374.6) (1,031.3) (1,032.6) (1,102) (815.4) (842.4) (792.0) (945.2) (813.7) (892.7) (900.7) (879) (864.3) (776.1) (759.5) (780.0) (737.8) (822.7) (776.3) (732.7) (737.7) (796.7) (660.9) (592.4) (639.9) (649.9) (600) (580.7) (390.9) (470.1) (523) (517.9) (663.8) (678) (803.5) (882.1) (1,140) (1,234.9) (507.2) (507.3) (503.6) (503.5) (507.4) (523.2) (523.1) (655.9) (655.3) (656.1) (656.1) (656.1) (668.4) (670.8) (697.8) (701.5) (554.8) (555.1) (554.3) (558.5) (414.2) (402.2) (409.8) (215.2) (249.8) (189.4) (221.5) (121.5)
Total Non-Current Liabilities 21,161 3,890 19,089 17,394 17,247 17,929 18,346 17,556 17,601 17,831 18,426 17,517 17,267 17,673 17,707 17,053 17,243 17,628 17,764 16,795 61,460 61,068 59,936 58,487 56,401 57,570 56,499 55,774 54,604 53,047 52,934 51,138 49,887 1,301 1,284 1,405 1,283 1,283 1,300 998 998 998 880 1,024 1,061 1,061 1,062 912 913 913 913 949 950 953 966 1,158 931 934 937 940 949 952 954 851 824 828 877 915 1,058 1,030 952 998 991 937 897 897 924 921 924 902 914 1,000 1,095 1,090 1,094 1,478 1,483 1,486 1,495 1,509 815 842 792 945 814 893 901 880 864 776 759 780 738 823 776 733 738 797 661 592 640 650 600 581 391 470 523 518 664 678 803 882 1,140 1,235 507.2 1,107 503.6 503.5 507.4 523.2 523.1 655.9 655.3 656.1 656.1 656.1 668.4 670.8 697.8 701.5 554.8 555.1 554.3 558.5 414.2 402.2 409.8 215.2 249.8 189.4 221.5 121.5
Total Liabilities 21,161 27,822 22,096 20,164 19,852 20,540 21,320 20,229 20,173 20,358 21,200 20,091 19,681 20,038 20,312 19,444 19,516 19,873 20,151 18,984 63,526 63,103 62,089 60,532 58,501 59,768 58,704 57,806 56,573 55,032 54,957 53,032 51,686 55,324 54,784 53,306 52,269 50,153 49,487 47,540 46,101 45,089 45,651 44,440 43,207 42,481 41,474 40,197 37,797 37,354 36,237 34,776 34,231 34,423 34,669 32,277 31,479 31,351 30,510 29,428 28,336 27,834 27,910 26,095 25,983 23,764.4 24,051.6 23,078 23,163.3 23,825.9 24,033.5 23,160.2 22,859.9 22,661.5 23,007.4 22,437.3 22,047.1 21,888.3 22,029.3 20,377.8 20,207.4 20,097.3 20,482.7 19,683.0 19,399.0 19,909.4 19,662.0 18,995.7 17,905.5 17,933.5 17,529.0 16,739.4 16,353.0 17,308.0 17,085.3 16,435.4 15,768.4 15,448.6 15,508.2 14,674.4 14,398.1 14,359.0 14,394.1 14,641.5 14,322.8 14,224.8 14,091.9 14,036.6 13,553 13,607.2 13,291.2 13,935.1 13,777.8 13,579.6 13,299.8 13,083.1 13,143.6 13,002.3 13,107.7 13,123.5 13,146.5 13,199.4 12,537.1 12,546.2 2,622.8 2,639.1 2,537.5 2,433.7 2,372 2,312.2 2,193.7 2,227 2,094.4 2,011.7 2,009.9 2,183.2 1,936.9 1,886.1 2,063.5 2,057.6 1,938.5 1,885.4 1,541.4 1,524.3 1,402.1 1,333.9 1,242.5 1,081.8 1,081.9 630.4 836 840.3
Stockholders' Equity
Common Stock 83 83 83 83 84 84 84 84 84 84 84 85 85 85 85 85 85 85 85 85 85 86 87 89 90 90 90 90 90 89 89 89 89 88 88 88 88 87 87 87 87 87 87 88 88 88 88 90 90 90 89 89 90 89 91 0 0 0 0 0 103 105 0 109 0 298.2 351.9 253.1 209.6 216.5 377.9 0 0 113.5 115.5 119.3 119.4 119.3 79.1 78.6 78.5 78.1 77.5 77.2 77.0 76.6 73.7 73.4 73.3 73.1 69.7 69.6 69.5 69.1 69.0 68.8 68.7 68.5 68.2 68.0 67.8 67.4 58.8 58.5 58.5 58.4 0 0 0 60.9 0 0 0 61.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 3,294 3,357 3,299 3,151 3,078 3,211 3,360 3,239 3,089 3,121 3,095 3,042 2,933 3,142 3,091 2,979 3,541 3,478 3,680 4,023 4,354 4,149 3,737 3,685 3,616 4,009 4,022 3,914 3,875 3,588 3,800 3,628 3,584 3,248 3,435 3,451 3,466 3,343 3,079 3,016 3,002 2,987 2,981 2,968 2,886 2,912 2,948 2,944 2,891 2,826 2,774 2,697 2,684 2,595 2,686 2,642 2,643 2,769 2,689 2,654 2,698 2,720 2,672 2,588 2,552 2,273.6 2,169.9 2,060 1,947.8 1,841.6 1,817.7 1,811.2 1,776.9 1,733.5 1,695.4 1,655.7 1,610.9 1,533.6 1,415.8 1,333.6 1,224.8 1,134.1 1,059.5 1,095.6 1,024.6 976.3 898.0 775.5 728.8 664.7 481.0 448.1 426.3 409.8 414.5 396.3 392.7 359.5 345.1 428.0 438.7 442.5 552.1 588.9 587.8 557.5 557.4 563.4 543.3 527.0 584.5 553.2 528 477.1 612.4 600.5 568.4 559.7 576.9 478.9 445.7 387.1 312.6 273.1 873 867.5 864.1 848.5 845.9 912.3 883.4 811.2 731.1 707 581.5 577.6 701.7 705.1 775.8 763.1 751.3 736.3 725.2 704.9 686.5 669.3 652 629.7 610 524.4 428.2 737
Accumulated Other Comprehensive Income (127) (50) (73) (132) (179) (240) (136) (331) (315) (319) (570) (511) (451) (543) (602) (348) (131) 119 160 190 967 1,273 1,233 1,053 32 863 917 809 444 48 44 147 305 813 689 615 499 375 753 669 448 304 461 563 776 727 718 799 677 524 570 599 869 831 931 773 714 557 563 579 503 479 607 398 290 162.7 121.9 (353.5) (740) (703) (386.4) (271.1) (61.1) 12.6 (0.1) (41.7) 78.9 55.5 20.1 (159.7) (63.2) 50.8 93.7 226.2 100.3 231.7 233 200.1 427.3 302.6 354.5 426.3 292.9 323.9 320.9 233.5 96.3 159.3 259.3 157 176.9 140.6 0 0 0 (18.2) 0 0 0 357.5 0 0 0 348.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Stockholders' Equity 4,678 4,820 4,730 4,516 4,392 4,466 4,708 4,384 4,240 4,258 3,981 3,993 3,941 4,052 3,932 4,067 4,835 5,012 5,240 5,601 6,685 6,789 6,340 6,126 5,047 6,269 6,321 6,090 5,665 4,970 5,164 5,084 5,183 5,330 5,379 5,312 5,191 4,916 5,161 5,000 4,755 4,592 4,724 4,802 4,923 4,879 4,904 4,985 4,796 4,563 4,542 4,473 4,733 4,578 4,779 4,622 4,580 4,545 4,465 4,472 4,463 4,470 4,577 4,285 4,165 3,781.1 3,669.6 3,067.3 2,563.4 2,490 2,776.6 2,874.8 3,020.1 3,046.1 3,012.9 2,970.1 3,041 2,928.9 2,760.2 2,475.3 2,449.0 2,457.5 2,403.0 2,558.2 2,359.0 2,430.5 2,260.3 2,094.1 2,271.4 2,076.2 1,836.2 1,874.2 1,716.9 1,725.8 1,724.4 1,614.7 1,472.2 1,498.4 1,583.0 1,562.2 1,589.3 1,548.5 1,346.7 1,277.7 1,348.4 1,340.0 1,431.9 1,560.8 1,648.7 1,716.2 1,788.7 1,737.5 1,728.9 1,662.7 1,711.3 1,618.9 1,475.3 1,554.4 1,531.3 1,395.5 1,406.7 1,440.1 1,100.5 987.1 1,490.7 1,548.7 1,625.3 1,630.9 1,644.1 1,722.3 1,708.1 1,624.6 1,543 1,502.8 1,401.3 1,399.2 1,483.8 1,479 1,589.4 1,571.4 1,549.3 1,634.2 1,622.4 1,841.3 1,825.1 1,826.8 1,913 1,896 1,872.5 1,769.9 1,656.9 2,092.2
Total Liabilities & Equity 25,839 32,642 26,826 24,680 24,244 25,006 26,028 24,613 24,413 24,616 25,181 24,084 23,622 24,090 24,244 23,511 24,351 24,885 25,391 24,585 70,211 69,892 68,429 66,658 63,548 66,037 65,025 63,896 62,238 60,004 60,121 58,116 56,869 60,658 60,163 58,618 57,464 55,072 54,845 52,733 51,038 49,859 50,557 49,424 48,307 47,535 46,552 45,355 42,770 42,087 40,947 39,414 39,139 39,171 39,633 37,052 36,211 36,042 35,130 34,053 32,948 32,454 32,639 30,526 30,290 27,683.3 27,853.7 26,270.6 25,842.1 26,427.5 26,924.6 26,157.6 26,002.3 25,807.5 26,115.9 25,695.9 25,385 25,101.1 25,070.1 23,102.6 22,909.3 22,816.0 23,146.5 22,514.0 22,007.6 22,559.5 22,132.3 21,275.9 20,384.6 20,197.3 19,864.0 19,141.2 18,542.1 19,504.8 19,284.8 18,513.8 17,689.9 17,401.7 17,549.9 16,753.5 16,506.2 16,415.5 16,233.6 16,398.7 16,154.3 16,054.1 16,018.6 16,097.1 15,709.4 15,845.2 15,605.3 16,194.5 16,023.3 15,755.3 15,683.1 15,358.1 15,183.9 15,051.1 14,954.4 14,820.9 14,855.6 14,953.9 13,942.6 13,827.7 4,120.2 4,194 4,167.6 4,068.8 4,033.5 4,049.6 3,901.8 3,867.2 3,653.6 3,531.1 3,428.2 3,599.6 3,437.9 3,383.1 3,671.2 3,660 3,515.4 3,546.9 3,190.7 3,392.3 3,253.7 3,178.2 3,173.1 2,988.7 2,967.8 2,400.3 2,492.9 2,932.5
Debt Metrics
Total Debt 1,820 1,820 2,268 1,928 1,932 1,899 1,945 1,929 1,883 1,834 1,852 1,854 1,730 1,692 1,769 1,790 2,171 2,198 2,236 2,249 2,269 2,281 2,458 2,280 1,837 1,787 1,791 1,793 1,803 1,302 1,302 1,301 1,301 1,301 1,284 1,405 1,283 1,283 1,300 998 998 1,020 880 1,024 1,061 1,061 1,062 912 913 913 913 949 950 953 966 1,158 931 934 937 940 949 952 954 851 824 827.6 877.1 915.3 1,058.3 1,029.7 952.2 997.5 990.7 936.9 897.2 897.3 924.3 921 923.7 901.6 914.5 942.7 1,016.8 1,012.5 1,015.8 371.4 374.6 1,031.3 1,032.6 836.9 815.4 842.4 792.0 945.2 813.7 892.7 900.7 879.7 864.3 776.1 759.5 780.0 737.8 822.7 776.3 732.7 737.7 796.7 660.9 592.4 639.9 649.9 600 580.7 390.9 470.1 523 517.9 663.8 678 803.5 882.1 1,140 1,234.9 507.2 507.3 503.6 503.5 507.4 523.2 523.1 655.9 655.3 656.1 656.1 656.1 668.4 670.8 675.4 673.9 525.1 525.4 524.6 528.7 384.4 378.8 379.7 184.5 219.6 168.4 199.3 108.1
Net Debt 467 93 426 660 656 493 623 808 796 609 631 866 873 820 975 823 990 67 (597) (1,116) 578 616 (1,289) (418) 164 (527) (902) (581) (197) (213) (707) (509) (358) (1,037) (1,065) (802) (607) (824) (339) (550) (233) (200) (14) (192) (151) (282) (248) (1,204) (963) (726) (418) (322) (579) (752) (660) (365) (491) (390) (54) (689) (550) (147) (186) (160) (346) (291.9) (557.5) (535.5) (256.7) (234.3) (241.4) 154.4 7.3 121 168 217.8 (178.6) (408) (216.1) 306.3 349.2 470.9 375.4 215.0 488.4 (490.4) (462.5) 436.6 547.6 242.9 13.4 (75.6) 56.0 74.2 (69.3) 447.7 626.7 335.7 374.3 488.1 548.5 341.0 469.8 578.7 489.3 341.7 424.7 387.7 317.9 295.4 227.9 366.9 385 323.7 36.9 108.1 116 69.9 261.8 450 554.5 338.1 880 1,024.9 466.2 336.3 470.6 462.5 476.4 491.2 494.1 619.9 627.3 620.1 624.1 624.1 636.4 655.8 648.3 652.1 498.6 490.8 517.1 512.1 371.5 362.7 356.9 156.9 189 (589.5) (872.7) (970.5)
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 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 1993 Q4 1993 Q3 1993 Q2 1993 Q1 1992 Q4 1992 Q3 1992 Q2 1992 Q1 1991 Q4 1991 Q3 1991 Q2 1991 Q1 1990 Q4 1990 Q3 1990 Q2 1990 Q1 1989 Q4 1989 Q3 1989 Q2 1989 Q1
Operating Activities
Net Income 191 299 215 174 154 255 181 209 242 263 177 200 212 276 165 167 290 355 219 1,002 419 694 164 177 (141) 211 147 209 329 517 203 210 145 166 11 145 153 385 109 63 104 370 66 149 25 127 116 106 107 140 98 110 120 19 211 84 88 127 107 37 49 109 126 100 88 157.8 131.1 132.1 109.7 38.6 20.9 60.3 76 89.9 112.7 67 113.6 135.5 93.5 122.8 101.5 88.5 (26.4) 81.6 62.9 92.5 138.2 55.9 73.2 196.6 41.6 30.5 25.1 3.9 26.9 12.1 41.8 31.5 (65.7) 6.3 13.1 (85.8) (22.2) 16.3 44.7 14.2 28.6 45.1 59.1 (38.7) 56.5 40.5 66.9 41.4 33.8 61.1 63.2 0.9 121.6 58.3 81.2 76.6 51 46.5 16.3 0.8 26.1 16.6 (55.9) 50.4 86.2 75 31.1 20.3 14.1 13.2 14.5 (0.4) 20.8 19.9 23.1 20 26.7 26.1 25 25.3 29.2 26.9 92.7
Depreciation & Amortization 25 22 20 22 22 21 21 19 20 18 21 19 20 22 25 27 26 27 27 34 99 51 169 (34) 113 64 123 38 34 47 57 35 71 2 36 31 38 43 38 25 28 14 34 53 31 49 38 30 27 32 32 43 35 139 35 37 46 53 43 44 52 73 44 50 47 43.4 40.4 51.4 63.2 34.7 60.9 75.9 49 54.6 44.5 46.2 49 46.3 43.4 42.2 35.1 64.6 48.2 51.1 49.1 46.2 38.9 50.0 39.1 41.8 41.5 52.2 41.3 24.1 57.7 48.7 44.4 36.0 39.9 35.1 36.6 23.0 30.4 33.4 30.6 26.3 24.6 22.2 21.9 34.4 20.4 26.6 24.6 25.2 15.1 18.1 18 28.7 17 18.3 15.4 17.8 11.3 12 6.7 6.2 6.8 6.9 7.6 8.4 8.1 8.4 7.9 10.8 9.8 10.2 9.9 (11) 17.2 17.5 18.1 17.4 16.5 17 14.6 14.6 14.5 13.6 10.2
Stock-Based Compensation 0 0 (4) 0 0 0 (9) 0 4 4 5 4 0 5 4 0 0 0 0 2 0 0 5 4 5 6 5 6 6 0 6 6 5 6 7 6 11 7 7 6 8 0 5 7 6 7 4 7 7 0 10 7 13 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 69.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 225 447 3 13 154 372 291 (306) (126) 508 458 (79) 173 (153) 312 (270) 297 1 229 248 327 117 165 172 (70) 392 370 (19) 43 306 62 39 (80) 390 213 312 (393) (26) (17) (156) 43 139 93 (72) 51 340 (58) 131 (39) 199 38 (29) (148) 165 129 17 (140) (220) (37) 19 232 8 52 (241) 183 (62.7) (15.7) (211.9) 135.2 (245.3) (33.1) (119.5) 44.2 107.8 (173.8) (181) 32.6 777.9 (574.8) (617.2) 474.2 (7.1) 60.0 (207.9) 210.6 (100.0) 13.3 131.0 278.8 (137.2) 1,029.1 (524.1) (97.2) (87.3) 419.5 (672.1) 31.8 125.1 737.8 (259.9) 146.7 499.6 (220.8) (294.8) 249.3 (59.6) (149.8) (232.8) 174.2 1,005.9 (506.2) 5 1.2 241.8 (218) (93.8) (163.8) (103.4) 117.2 (207.2) 7.8 (444.2) 24.8 (77.8) 24.8 470.8 (21.4) (44.4) (83.6) (194.4) 80.4 51 (92) 163.7 6 (84.6) 81.6 72.2 49.2 (11.1) 3.5 (9) 32.7 (28.4) 2.4 91.5 (4.3) (28.5) (37.1)
Other Non-Cash Items 33 16 (18) (18) 12 26 (25) (10) (33) (33) 40 (25) (2) (35) 27 87 (110) (94) (20) (943) (218) (375) 106 236 625 92 169 189 42 (64) 126 142 250 247 152 156 115 68 113 150 225 (73) 133 42 284 25 75 21 102 1 14 6 39 1 (114) 78 16 46 14 45 56 (107) 98 159 75 14.8 113.7 98 113.9 279.7 261.3 168.8 200.5 (84.8) 365.7 159.8 (15.3) (789.8) 725.1 515.3 (163.6) 21.8 261.2 296.1 (32.0) 193.4 116.9 (39.4) (120.4) 33.8 (850.0) 524.3 300.1 206.6 (196.1) 789.3 57.3 (39.1) (468.8) 360.2 (13.0) (381.0) 390.3 269.4 (141.1) 96.7 192.2 225.3 (110) (995.8) 560.2 20.9 63 (202.6) 358.9 114.3 113.3 149.4 (96.5) 241.1 (76.8) 405.4 42.5 101 (10.7) (417.7) 80.4 79.1 193 179.1 (16) (31.3) 109.7 (145.1) 39.3 102.4 (43.8) (36.4) 5 8.6 8 14.6 12.4 14.1 12.8 (17.5) 10.6 10.8 (56.6)
Operating Cash Flow 474 784 216 191 342 674 459 (88) 107 756 696 115 403 110 529 11 503 289 455 343 627 487 609 555 532 765 814 423 454 806 454 432 391 811 419 650 (76) 477 247 91 335 450 331 179 397 548 175 295 204 372 192 137 59 330 261 216 10 6 127 145 389 83 320 68 393 153.3 269.5 69.6 422 107.7 310 185.5 369.7 167.5 349.1 92 179.9 169.9 287.3 63.1 447.2 167.8 343.0 221.0 290.6 232.1 307.3 197.6 270.7 135.0 262.1 83.0 269.4 147.3 308.0 178.0 175.3 153.6 243.2 141.7 183.4 55.9 177.7 24.4 183.5 77.6 95.6 59.8 145.2 5.8 130.9 93 155.7 105.8 189.8 99.7 30.7 75.6 159.3 110.5 27.6 55.6 129.6 81.7 45.7 69.6 100.2 68.8 69 73 107 72.7 51.4 60.5 76.9 41.2 62.2 24.4 92.2 34.9 52.7 43 88.3 28.8 54.8 113.9 50 22.8 9.2
Investing Activities
Capital Expenditure (17) (36) (41) 0 0 0 71 (33) (38) (32) (7) (20) 0 9 (37) (35) (23) (62) (27) (13) (13) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (90) 0 0 0 759 0 (38) (121) (144) 0 0 0 61 (9) (8) (44) (4) (25) (37) (20) (12) (8) (16) (38) (13.5) (27.7) (9.9) (11.4) (10.3) (10.9) (12.4) (12.6) 25 (15.9) (2.9) (6.2) (35.5) (13.7) (16.6) (6.6) (10.1) (6.8) (58.3) (4.2) (9.5) (34.7) (8.9) (3.3) (6.7) (8.9) (9.0) (5.1) (15.8) (8.2) (25.2) (4.5) (46.5) (12.6) (17.8) (13.3) (31.1) (17.4) (20.9) (18.9) (10.6) 159 (204) (18.5) (17.4) (14.5) (18.3) (16.6) (29.5) (12.5) (14.1) (8.8) (12.4) (9.6) (8.1) (7.9) (12.4) (7.5) (20.3) (2.4) (3.8) (4) (10.3) (4) (7) (3.5) (4) (3) (8.7) (6.2) (5.6) (5.3) 7.8 (11.4) (9.1) (13) (19.5) (12.5) (15.6) (10.3) (13.2) (9.9) (10.8) (6.8)
Acquisitions 7 0 0 (1,055) 0 (9) 1,078 25 (73) 1 (208) 1 (94) 10 (10) 24 0 (87) 24 1,488 0 (428) 0 0 0 0 0 0 0 (23) 0 0 0 0 0 0 0 0 0 0 0 (42) 0 0 0 (811) 0 819 (8) (5) 0 0 0 20 192 (51) (37) 4 (35) 215 (81) 128 (29) (109) 0 (23.6) 0.4 (3.5) (1.5) (0.3) 2 (46.9) (21) 1.7 25.7 (1.7) 14.3 2.4 (2.4) 45.4 23.9 0 0 0 0 (99.9) 0 38.2 (10.4) (247.4) 6.8 61.1 186.3 (48.4) 48.5 (48.5) 1.7 24.3 18.4 18.9 22 (4.3) 35 3.3 1.5 (254.6) 0 0 0 188.2 0 0 0 (62.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (1,533) (2,046) (736) (574) (1,166) (1,484) (2,007) (1,057) (1,171) (871) (945) (638) (665) (1,198) (1,383) (1,576) (2,131) (1,907) (1,890) (2,285) (4,210) (3,565) (2,199) (2,518) (5,031) (3,477) (2,409) (2,558) (2,447) (4,485) (2,907) (3,027) (3,477) (3,317) (2,589) (3,579) (3,992) (3,584) (2,406) (2,308) (2,438) (2,290) (2,323) (2,746) (1,942) (2,220) (2,439) (2,614) (1,736) (2,279) (2,186) (2,231) (1,881) (1,871) (1,622) (1,519) (1,576) (1,769) (2,425) (1,657) (1,430) (1,675) (1,766) (1,318) (1,453) (1,676.2) (1,561.8) (668.7) (1,103.1) (1,267.4) (1,294.3) (1,950) (1,903.5) (980.5) (1,418.1) (1,108.3) (1,132.8) (1,045.3) (591.3) (663.2) (1,127.9) (999.9) (990.8) (701.6) (1,774.5) (1,918.9) (748.9) (1,399.5) (1,740.5) (2,146.3) (2,440.5) (1,749.2) (1,825.2) (2,488.0) (1,232.6) (995.8) (1,499.2) (2,225.2) (635.3) (436.7) (547.4) (421.4) (296.9) (347.2) (615.9) (512.1) (416.3) (647.1) (554.7) (481.5) (455.3) (630) (682.1) (760.5) (621.9) (596.3) (626.4) (607.1) (356.4) (440.6) (735) (730.3) (748.4) (670.5) (230.3) (432.7) (279.6) (242) (158.9) (258.6) (192.3) (237) (187.4) (129.5) (210.6) (334.3) (334.8) 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 930 1,312 482 1,780 1,215 1,475 1,077 1,215 1,054 857 1,254 954 812 1,220 825 2,196 1,312 1,631 1,194 2,400 3,270 3,194 2,743 3,005 3,401 2,357 1,794 2,196 1,780 2,527 2,041 2,288 1,785 2,402 2,291 2,788 2,795 2,730 1,825 1,946 1,410 1,334 1,032 1,511 996 1,083 1,094 1,244 1,426 1,443 1,454 1,550 1,402 1,412 1,331 961 1,484 1,278 1,303 988 1,287 1,331 1,006 1,136 1,215 1,335.3 1,228.2 919.4 785.5 1,218.9 1,253.7 1,528.9 1,756.9 925.4 1,193.8 121.2 1,100 1,268.4 671.1 288.0 1,149.7 713.6 519.0 792.1 1,087.8 (2,121.2) 2,697.6 418.1 276.1 5,672.5 529.8 426.7 527.0 552.2 442.3 427.8 412.3 322.9 242.6 205.7 131.5 221.0 123.5 190.6 160.2 (665.9) 407.9 767.7 558.9 (332.2) 416.8 669.9 494.3 (659.0) 487.4 582.2 487.2 471.3 234.9 577.6 263.2 1,491.1 717.9 537.3 283.6 410.8 332.6 38.2 103.8 159.2 217.1 222.2 135.8 97.3 156.9 355.6 323.3 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 6 124 (115) (1) (3) 3 (1) 73 0 (3) (2) 20 (30) 44 1 (269) 92 (65) (4) 2 7 (20) (130) (23) (167) (111) (6) (17) 6 (24) (90) 36 (147) 62 (9) 3 319 (118) (189) (168) (74) (10) 89 (22) 5 (120) 45 13 (17) 11 (41) 9 (109) (4) (26) (10) (17) (8) 7 (13) (103) 130 (97) (27) 0.1 (1) 33.6 16.3 (1.5) 17.7 23 9.5 (19.3) (4.8) 445.4 (443.7) (480.1) 71.4 334.7 (234.7) 80.6 34.7 58.7 3.9 3,903.0 (1,978.2) 879.1 1,114.7 (3,649.7) 1,542.9 1,214.6 789.4 1,571.0 844.9 597.7 602.3 1,805.7 303.3 178.3 90.6 197.7 179.5 163.9 247.1 1,528.8 (179.6) 43.3 (12) 619.0 153.2 (22) 53 1,514.5 3.6 (12.5) 9.7 12.4 223.3 (172.8) 229.6 (432.9) (7.8) 381.4 7.1 (3.6) (148.3) 169.2 10.6 35 (0.2) (39) (2.8) 39.5 0.8 (25) (13.2) (24.7) (63.5) (171.9) 83.1 25 177.1 (131.6) 29.1 1 (214.5) 43.4 (11.1)
Investing Cash Flow (613) (764) (130) 36 23 (21) 122 149 (155) (45) 91 295 73 11 (561) 610 (1,111) (333) (764) 1,599 (938) (792) 524 357 (1,653) (1,287) (726) (368) (684) (1,975) (890) (829) (1,656) (1,062) (236) (800) (1,194) (535) (699) (551) (1,196) (1,162) (1,301) (1,146) (968) (1,184) (1,465) (544) (426) (1,002) (721) (722) (470) (487) (112) (643) (183) (508) (1,190) (484) (257) (331) (667) (404) (303) (377.9) (361.9) 270.9 (314.2) (60.6) (31.8) (457.4) (170.7) (47.7) (219.3) (546.3) (468.4) (290.0) 135.0 (11.6) (195.8) (215.9) (443.8) 90.9 (687.1) (246.5) (64.2) (73.0) (363.4) (377.6) (369.9) (55.7) (327.6) (428.9) 94.9 (44.0) (487.4) (118.7) (83.6) (51.6) (316.6) (38.1) 23.7 (10.2) (226.1) 85.7 (29) (40.1) (26.3) (23.9) 100.2 (0.4) (151.4) 2.6 (143.4) (40.7) (138.3) (135.8) 92.2 (43.9) (250.1) 315.5 (45.8) 227.9 58 (29.3) (99.3) (44.9) (48.5) (71.4) 21.1 (57.8) (57.4) (1.4) (59.1) (9.3) (30) (16.9) (74.9) (181) 70.1 5.5 164.6 (147.2) 18.8 (12.2) (224.4) 32.6 (17.9)
Financing Activities
Net Debt Issuance 0 0 344 0 0 0 0 0 0 0 0 (5) (16) (41) (3) (383) (50) 0 0 0 0 (151) 196 439 0 44 0 0 121 0 0 0 0 (23) (125) 0 0 (18) 302 0 0 135 (145) 0 0 (1) 145 (1) 0 0 (36) (1) (3) (14) (196) 220 (3) (3) (3) (9) (3) 42 98 13 (28) (48.1) (38) (226) 13 77.5 (45.4) 6.7 53.8 39.6 (0.2) (27.3) 2 (2.9) 15 (13.9) (90.6) (79.1) 4.0 (3.1) (14.5) (2.8) (0.6) (1.5) 188.6 17.1 (27.2) 45.8 (153.3) 131.3 (79.2) (8.2) 20.8 15.2 87.9 16.4 (20.8) 42.9 (85.2) 39.7 43.5 (4.2) (56.4) 127.9 68.7 (47.4) (9.9) 50 18 100.9 0.3 (53.1) 5.4 (56.5) (62.6) (87.7) (86.7) (229.8) (92.6) (401.5) (0.2) 0.8 0 (0.5) (16.6) (0.1) (132.8) 0 0 (0.1) (0.4) (16) (2.8) (2.9) 1 148.1 (1.4) (1.8) (4.2) 143.2 (39.8) (0.6) 193.1 (39.8) (4.2)
Stock Repurchased (60) (1) (1) (39) (58) 0 0 0 0 (60) (86) (43) (24) (1) (5) 0 (5) (1) (12) (114) (192) (80) (96) (76) (61) 0 0 0 0 (6) 0 0 0 0 0 0 0 (9) (26) (22) (76) (13) (35) (47) (31) (64) (83) (20) (24) 0 0 (67) (3) (100) (162) (97) (56) (52) (85) (94) (84) (91) (50) (76) (75) (81) 0 0 28.9 0 0 (21) (26.4) (65.7) (104.7) (15.3) (13.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 75 (150) 0 0 0 0 (0.2) (2.3) (0.0) (40.6) (9.5) (44) (6.0) 0 0 0 (257.1) (28.2) 0 0 (36.9) 0 0 0 0 0 0 (87.6) (31.4) 0 0 0 0 0 0 (1.1) 0 (9) 0 0 (15.3) (5.6) (0.1) (121.7) (14) (251.2) (13.4) (42.7) (103.9) (23.5) (17.2) (4.6)
Dividends Paid (198) (239) (66) (68) (233) (403) (58) (59) (268) (186) (52) (53) (393) (224) (47) (726) (216) (892) (211) (1,228) (43) (215) (38) (41) (40) (203) (36) (169) (36) (169) (31) (163) (31) (205) (27) (158) (27) (113) (24) (24) (24) (111) (21) (22) (22) (108) (20) (20) (19) (108) (18) (17) (17) (40) (17) (16) (17) (17) (16) (18) (16) (17) (15) (16) (15) (15) (14.9) (15) (15) (13.5) (12.6) (12.2) (12.4) (10.2) (10.5) (10.7) (10.5) (9.6) (9.6) (9.5) (9.5) (8.5) (8.4) (8.1) (8.1) (7.8) (9.2) (9.1) (9.0) (8.6) (8.6) (7.7) (6.5) (6.5) (6.5) (7.5) (7.4) (15.2) (17.0) (17.0) (16.9) (9.1) (14.5) (14.6) (14.6) (14.6) (14.9) (14.9) (15.1) (15.1) (15.3) (15.2) (15.2) (14.7) (14.7) (14.7) (15.2) (14.9) (15.4) (15.1) (15) (0.3) (13.6) (2) (11.3) (10.2) (10.1) (10.2) (10.1) (9.6) (9.6) (9.5) (9.5) (9.1) (9.2) (9.2) (9.3) (7.8) (7.9) (7.9) (8.7) (6.3) (7.5) (7.6) (7.8) (6.9) (6.9) (7) (6.9)
Other Financing Activities 21 102 209 (132) (207) (170) (325) 28 172 (465) (419) (182) (62) 219 (89) 270 (71) 229 (8) 406 43 (193) (149) (211) 571 295 257 476 623 843 661 704 603 461 108 613 1,065 665 277 816 959 1,013 836 1,025 474 830 431 517 491 1,037 629 402 237 371 324 413 333 887 526 585 360 268 427 252 71 51.3 118 35 (54.8) (42.7) 124 148.4 (51.1) (0.6) 34.1 78.6 76.6 311.1 100.8 0.7 (68.5) 130.9 (55.9) (33.9) 81.4 (34.5) 7.5 (6.5) (9.9) 36.6 16.7 81.8 82.9 144.4 121.1 51.5 28.4 19.3 45.3 (13.1) (57.8) (36.7) (78.2) (82.9) (87.9) (72.4) (51.2) (58.5) (83.8) (29.7) (63.6) (60.4) (56.1) (287.4) 43.1 (37.1) 73.3 203.3 8.1 6.8 23.4 8.7 5.5 30.8 (0.4) 0.2 0 (0.6) 4.6 0.5 (0.7) (0.1) (1.4) (8) 0.3 2.2 5.7 (3.5) 0.5 1.3 0.9 (0.4) (0.3) (0.1) (0.1) 0.8 (2.3) (3.3) 1.4
Financing Cash Flow (235) (135) 488 (235) (495) (569) (380) (27) (90) (707) (554) (279) (491) (43) (141) (835) (342) (658) (223) (904) (172) (632) (84) 113 480 143 231 319 715 675 635 548 586 240 (41) 467 1,053 526 543 777 872 1,038 648 971 440 669 484 489 459 938 589 327 235 236 (46) 528 271 835 425 469 268 207 476 177 (40) (90.5) 76.2 (204.7) (56.8) 23.3 72.3 131.6 (31.5) (33.1) (80.1) 30.9 62.4 309.3 122.3 (21.5) (158.1) (121.3) (55.4) (41.7) 62.1 39.0 (0.7) (15.2) (15.4) 34.5 (8.3) 154.3 (76.8) 269.5 35.6 36.3 42.3 19.8 41.5 (12.6) (94.6) 152.5 (177.0) (57.4) (60.8) (85.3) (162.6) 45.6 (72.3) (97.6) (102) (24.5) (46.2) (205.2) (54) (104.2) 66.1 106 (77.4) (87.3) (72.8) (87.1) (33) (275.5) (99.5) (36.5) (9) (13.4) (22.4) (6.2) (135.2) (6.7) (2.6) (15.1) (18.3) (31.2) (15.5) (17.9) (12) 141.4 (130.9) (21.4) (262) 122.1 (76.8) (108.4) 169.6 (58.4) (14.3)
Cash Position
Net Change in Cash (374) (115) 574 (8) (130) 84 201 34 (138) 4 233 131 (15) 78 (173) (214) (950) (702) (532) 1,038 (483) (937) 1,049 1,025 (641) (379) 319 374 485 (494) 199 151 (679) (11) 142 317 (217) 468 91 317 11 326 (322) 4 (131) 33 (806) 240 237 308 60 (258) (176) 79 103 101 98 333 (638) 130 400 (41) 129 (159) 50 (315.1) (16.2) 135.8 51 70.4 350.5 (140.3) 167.5 86.7 49.7 (423.4) (226.1) 189.2 544.6 30.0 93.4 (169.5) (156.2) 270.1 (334.4) 24.7 242.3 109.3 (108.1) (208.1) (116.0) 181.6 (135.0) (12.1) 438.5 170.3 (269.8) 54.6 201.2 77.5 (227.7) 170.2 24.4 (43.2) (103.4) 78.0 (162.6) 45.6 (72.3) (97.6) (102) (24.5) (46.2) (205.2) (54) (104.2) 66.1 106 (77.4) (87.3) (72.8) (87.1) (33) (275.5) (99.5) (36.5) (9) (13.4) (22.4) (6.2) (135.2) (6.7) (2.6) (15.1) (18.3) (31.2) (15.5) (17.9) (12) 141.4 (130.9) (21.4) (262) 122.1 (76.8) (108.4) 169.6 (58.4) (14.3)
Cash at Beginning 1,727 1,842 1,268 1,276 1,406 1,322 1,121 1,087 1,225 1,221 988 857 872 794 967 1,181 2,131 2,833 3,365 2,327 2,810 3,747 2,698 1,673 2,314 2,693 2,374 2,000 1,515 2,009 1,810 1,659 2,338 2,349 2,207 1,890 2,107 1,639 1,548 1,231 1,220 894 1,216 1,212 1,343 1,310 2,116 1,876 1,639 1,331 1,271 1,529 1,705 1,626 1,523 1,422 1,324 991 1,629 1,499 1,099 1,140 1,011 1,170 1,120 1,434.6 1,450.8 1,315 1,264 1,193.6 843.1 983.4 815.9 729.2 679.5 1,102.9 1,329 1,139.8 595.3 565.2 471.8 641.3 797.5 527.4 861.7 837.1 594.7 485.4 593.6 801.7 917.7 736.1 871.1 883.2 444.7 274.3 544.2 489.6 288.4 210.9 438.7 268.4 244 287.2 390.6 312.6 0 0 296.7 0 0 0 257.1 0 0 0 448.3 0 0 0 544.4 0 0 0 36.7 0 0 0 32.4 0 0 0 36.2 0 0 0 15 0 0 0 34.6 0 0 0 16.1 0 0 0 53.6
Cash at End 1,353 1,727 1,842 1,268 1,276 1,406 1,322 1,121 1,087 1,225 1,221 988 857 872 794 967 1,181 2,131 2,833 3,365 2,327 2,810 3,747 2,698 1,673 2,314 2,693 2,374 2,000 1,515 2,009 1,810 1,659 2,338 2,349 2,207 1,890 2,107 1,639 1,548 1,231 1,220 894 1,216 1,212 1,343 1,310 2,116 1,876 1,639 1,331 1,271 1,529 1,705 1,626 1,523 1,422 1,324 991 1,629 1,499 1,099 1,140 1,011 1,170 1,119.5 1,434.6 1,450.8 1,315 1,264 1,193.6 843.1 983.4 815.9 729.2 679.5 1,102.9 1,329 1,139.8 595.3 565.2 471.8 641.3 797.5 527.4 861.7 837.1 594.7 485.4 593.6 801.7 917.7 736.1 871.1 883.2 444.7 274.3 544.2 489.6 288.4 210.9 438.7 268.4 244 287.2 390.6 (162.6) 45.6 224.4 (97.6) (102) (24.5) 210.9 (205.2) (54) (104.2) 514.4 106 (77.4) (87.3) 471.6 (87.1) (33) (275.5) (62.8) (36.5) (9) (13.4) 10 (6.2) (135.2) (6.7) 33.6 (15.1) (18.3) (31.2) (0.5) (17.9) (12) 141.4 (96.3) (21.4) (262) 122.1 (60.7) (108.4) 169.6 (58.4) 39.3
Free Cash Flow 457 748 175 191 342 674 530 (121) 69 724 689 95 403 119 492 (24) 480 227 428 330 614 487 609 555 532 765 814 423 454 806 454 432 391 811 419 650 (76) 477 247 91 335 360 331 179 397 1,307 175 257 83 228 192 137 59 391 252 208 (34) 2 102 108 369 71 312 52 355 139.8 241.8 59.7 410.6 97.4 299.1 173.1 357.1 192.5 333.2 89.1 173.7 134.4 273.6 46.6 440.6 157.6 336.2 162.6 286.4 222.7 272.6 188.7 267.4 128.3 253.2 74.0 264.3 131.5 299.8 152.9 170.8 107.1 230.7 123.9 170.2 24.7 160.3 3.5 164.6 67.1 254.6 (144.2) 126.7 (11.6) 116.4 74.7 139.1 76.3 177.3 85.6 21.9 63.2 149.7 102.4 19.7 43.2 122.1 61.4 43.3 65.8 96.2 58.5 65 66 103.5 68.7 48.4 51.8 70.7 35.6 56.9 32.2 80.8 25.8 39.7 23.5 75.8 13.2 44.5 100.7 40.1 12 2.4
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 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 1993 Q4 1993 Q3 1993 Q2 1993 Q1 1992 Q4 1992 Q3 1992 Q2 1992 Q1 1991 Q4 1991 Q3 1991 Q2 1991 Q1 1990 Q4 1990 Q3 1990 Q2 1990 Q1 1989 Q4 1989 Q3 1989 Q2 1989 Q1 1988 Q4 1988 Q3 1988 Q2 1988 Q1 1987 Q4 1987 Q3 1987 Q2 1987 Q1 1986 Q4 1986 Q3 1986 Q2
Income Statement
Revenue 1,854 2,063 2,304 1,930 1,843 2,148 2,363 1,886 1,881 2,086 2,147 1,812 1,683 1,908 1,947 1,463 1,455 1,437 1,681 1,460 1,431 2,525 1,556 1,451 1,055 2,130 2,123 1,960 2,024 1,690 2,008 1,833 1,619 1,808 1,835 1,646 1,576 1,737 1,705 1,581 1,475 1,626 1,687 1,543 1,297 1,529 1,581 1,392 1,211 1,362 1,443 1,139 1,148 1,236 1,538 1,124 1,087 1,283 1,335 1,093 1,039 1,156 1,255 1,052 1,034 1,126.1 1,093 1,096 1,006 1,103.8 1,169.9 1,017.2 1,001.8 1,038.4 1,187.1 1,091.9 1,079.6 1,122.5 1,136.5 995 996.1 1,018.9 1,075.8 984.0 932.0 977.0 1,153.5 901.4 874.3 890.6 848.3 776.6 839.9 962.3 943.4 918.7 925.1 943.3 1,014.8 993.2 972.2 984.0 1,003.5 959.1 878.3 835.2 859.3 831.4 797.5 963.6 1,031.8 1,037.8 1,016.8 1,052.5 1,034.8 987.6 945.8 888.2 1,163.5 1,032.8 1,030.9 1,068 1,002.5 1,005.9 433.3 463.1 476.6 469.9 357.8 535.7 433.3 426.6 370.2 481.2 463.1 457.7 440.8 (319.8) 682.9 678.3 663.7 550.7 562.5 554.5 486.6 468.8 468.9 444.2 343.1 468.6 359.6 380.2 338.1 415.2 347.8 338.5 424.1 613.1 565.8 579.7
Gross Profit 948 1,002 359 329 280 416 330 353 374 435 306 319 295 413 264 210 309 215 273 317 345 930 (19) 264 (238) 383 305 380 539 58 357 365 274 424 162 316 329 433 295 236 253 313 210 326 127 272 236 223 249 341 258 215 272 287 403 233 248 4,387 508 417 436 778 558 485 477 1,126.1 561 966 483 640.8 390 452.3 478.5 571.4 529.5 520.6 533.9 658.7 358.5 290.2 475 (476,635.1) 131.6 284.9 398.6 (518,928.0) 579.9 390.9 392.9 (446,113.4) 361.8 566.2 580.7 874.5 341.0 292.9 312.0 338.3 198.9 273.9 291.1 307.0 246.0 659.9 282.2 (664.7) 603.6 585.3 545.4 (904.7) 725 741.1 714 1,052.5 724.7 697.9 668.5 603.3 884.8 728.8 740.6 820.2 740.9 737.2 334.8 365.1 382.1 360.8 258.1 432.1 327.8 331.5 258.9 881.9 260.7 298.9 279.9 (319.8) 682.9 678.3 663.7 550.7 562.5 554.5 486.6 468.8 468.9 444.2 343.1 468.6 359.6 380.2 338.1 415.2 347.8 338.5 424.1 613.1 565.8 579.7
Operating Income 239 379 268 229 197 320 229 271 304 335 219 255 264 346 210 206 361 445 267 288 335 884 40 140 (185) 259 177 259 413 (39) 244 260 174 267 29 205 223 317 178 136 156 210 99 226 30 190 145 130 161 246 142 126 175 (30) 285 136 146 560 156 60 102 689 208 158 147 258.2 203 206 168 200 28 100 126 459.8 183.2 112 194.1 461.9 157.3 146.6 169.8 240,971 (28.3) 148.2 104.3 403,449 232.6 92.7 118.3 348,460 71.9 49.7 37.5 51.8 51.4 23.9 50.9 57.4 (62.4) 976.8 40.8 11.2 0.6 645.2 70.6 (1,395.3) 586.4 813.9 532.0 (1,932.4) 710.1 727.1 700 76.9 1,021.9 684.1 654.8 588.4 867 707.3 718.7 793.1 710.3 701.5 321.6 351.8 369 347.6 244.5 418.7 312.8 314.4 241.6 864.6 243.4 281.4 262.4 (218.7) 627.5 622.1 608.4 495.3 511.4 502.6 441.7 412.2 427.8 405.7 308.3 0 0 0 0 0 0 0 0 0 0 0
Net Income 191 299 215 174 154 255 181 209 242 263 177 200 212 276 165 167 290 355 219 1,002 419 692 164 177 (301) 211 147 210 329 (29) 204 210 145 166 11 145 153 385 109 54 101 129 63 141 19 127 116 106 103 158 83 110 120 50 226 99 113 109 97 48 88 133 132 108 106 161 127 127 104 38.6 20.9 60.3 76 89.9 112.7 67 113.6 135.5 93.5 122.9 101.5 88.5 (26.4) 81.6 62.9 92.5 138.2 55.9 73.2 196.6 41.6 30.5 25.1 3.9 26.9 12.1 41.8 31.5 (55.7) (3.8) 13.1 (94.9) (22.2) 16.3 44.7 14.8 30.1 41.4 55.3 (38.7) 56.4 40.5 66.2 41.2 26.7 61.1 63.2 (1.9) 113.2 48.4 73.6 74.8 53 33.5 16.3 14.9 26.1 15.2 (55.9) 41 82.1 75 33.9 135.3 14.1 11 6.1 (61.2) 20.8 19.9 23.1 20 26.7 26.1 25 25.3 29.2 26.9 92.7 19.3 37.8 23.8 22.5 (8.7) 19.3 12.6 14 78.6 16.1 34.1
EPS (Diluted) 2.29 3.59 2.58 2.08 1.84 3.04 2.16 2.49 2.89 3.14 2.09 2.35 2.48 3.24 1.93 1.96 3.40 4.18 2.56 11.70 4.84 7.93 1.86 1.97 -3.33 2.31 1.62 2.31 3.63 -0.32 2.26 2.31 1.60 1.84 0.12 1.61 1.72 4.31 1.23 0.62 1.14 1.45 0.71 1.57 0.21 1.41 1.28 1.15 1.13 1.73 0.92 1.20 1.32 0.54 2.39 1.01 1.14 1.10 0.94 0.52 0.79 1.25 1.21 0.97 0.93 1.42 1.09 1.09 0.88 0.33 0.18 0.52 0.64 0.77 0.93 0.54 0.92 1.11 0.77 1.02 0.85 0.74 -0.22 0.69 0.54 0.79 1.23 0.50 0.65 1.76 0.39 0.29 0.24 0.04 0.26 0.11 0.41 0.30 -0.54 -0.04 0.13 -0.93 -0.25 0.19 0.51 0.17 0.33 0.45 0.60 -0.42 0.61 0.43 0.71 0.44 0.29 0.68 0.68 -0.02 1.23 0.53 0.80 0.81 0.66 0.43 0.25 0.23 0.36 0.21 -0.77 0.57 1.12 1.03 0.49 1.94 0.13 0.10 0.06 -0.88 0.29 0.28 0.30 0.26 0.29 0.27 0.25 0.26 0.27 0.25 0.87 0.18 0.35 0.22 0.21 -0.08 0.17 0.11 0.12 0.67 0.13 0.28
Balance Sheet
Cash & Equivalents 1,353 1,727 1,842 1,268 1,276 1,406 1,322 1,121 1,087 1,225 1,221 988 857 872 794 967 1,181 2,131 2,833 3,365 1,691 1,665 3,747 2,698 1,673 2,314 2,693 2,374 2,000 1,515 2,009 1,810 1,659 2,338 2,349 2,207 1,890 2,107 1,639 1,548 1,231 1,220 894 1,216 1,212 1,343 1,310 2,116 1,876 1,639 1,331 1,271 1,529 1,705 1,626 1,523 1,422 1,324 991 1,629 1,499 1,099 1,140 1,011 1,170 1,119.5 1,434.6 1,450.8 1,315 1,264 1,193.6 843.1 983.4 815.9 729.2 679.5 1,102.9 1,329 1,139.8 595.3 565.2 471.8 641.3 797.5 527.4 861.7 837.1 594.7 485 594 802 918 736 871 883 445 274 544 490 288 211 439 268 244 287 391 313 409 343 297 412 283 215 257 354 362 407 448 402 228 249 544 260 210 41 171 33 41 31 32 29 36 28 36 32 32 32 15 27.1 21.8 26.5 34.6 7.5 16.6 12.9 16.1 22.8 27.6 30.6 757.9 1,072 1,078.6
Total Assets 25,839 32,642 26,826 24,680 24,244 25,006 26,028 24,613 24,413 24,616 25,181 24,084 23,622 24,090 24,244 23,511 24,351 24,885 25,391 24,585 70,211 69,892 68,429 66,658 63,548 66,037 65,025 63,896 62,238 60,004 60,121 58,116 56,869 60,658 60,163 58,618 57,464 55,072 54,845 52,733 51,038 49,859 50,557 49,424 48,307 47,535 46,552 45,355 42,770 42,087 40,947 39,414 39,139 39,171 39,633 37,052 36,211 36,042 35,130 34,053 32,948 32,454 32,639 30,526 30,290 27,683.3 27,853.7 26,270.6 25,842.1 26,427.5 26,924.6 26,157.6 26,002.3 25,807.5 26,115.9 25,695.9 25,385 25,101.1 25,070.1 23,102.6 22,909.3 22,816.0 23,146.5 22,514.0 22,007.6 22,559.5 22,132.3 21,275.9 20,384.6 20,197.3 19,864.0 19,141.2 18,542.1 19,504.8 19,284.8 18,513.8 17,689.9 17,401.7 17,549.9 16,753.5 16,506.2 16,415.5 16,233.6 16,398.7 16,154.3 16,054.1 16,018.6 16,097.1 15,709.4 15,845.2 15,605.3 16,194.5 16,023.3 15,755.3 15,683.1 15,358.1 15,183.9 15,051.1 14,954.4 14,820.9 14,855.6 14,953.9 13,942.6 13,827.7 4,120.2 4,194 4,167.6 4,068.8 4,033.5 4,049.6 3,901.8 3,867.2 3,653.6 3,531.1 3,428.2 3,599.6 3,437.9 3,383.1 3,671.2 3,660 3,515.4 3,546.9 3,190.7 3,392.3 3,253.7 3,178.2 3,173.1 2,988.7 2,967.8 2,400.3 2,492.9 2,932.5
Total Debt 1,820 1,820 2,268 1,928 1,932 1,899 1,945 1,929 1,883 1,834 1,852 1,854 1,730 1,692 1,769 1,790 2,171 2,198 2,236 2,249 2,269 2,281 2,458 2,280 1,837 1,787 1,791 1,793 1,803 1,302 1,302 1,301 1,301 1,301 1,284 1,405 1,283 1,283 1,300 998 998 1,020 880 1,024 1,061 1,061 1,062 912 913 913 913 949 950 953 966 1,158 931 934 937 940 949 952 954 851 824 827.6 877.1 915.3 1,058.3 1,029.7 952.2 997.5 990.7 936.9 897.2 897.3 924.3 921 923.7 901.6 914.5 942.7 1,016.8 1,012.5 1,015.8 371.4 374.6 1,031.3 1,032.6 836.9 815.4 842.4 792.0 945.2 813.7 892.7 900.7 879.7 864.3 776.1 759.5 780.0 737.8 822.7 776.3 732.7 737.7 796.7 660.9 592.4 639.9 649.9 600 580.7 390.9 470.1 523 517.9 663.8 678 803.5 882.1 1,140 1,234.9 507.2 507.3 503.6 503.5 507.4 523.2 523.1 655.9 655.3 656.1 656.1 656.1 668.4 670.8 675.4 673.9 525.1 525.4 524.6 528.7 384.4 378.8 379.7 184.5 219.6 168.4 199.3 108.1
Stockholders' Equity 4,678 4,820 4,730 4,516 4,392 4,466 4,708 4,384 4,240 4,258 3,981 3,993 3,941 4,052 3,932 4,067 4,835 5,012 5,240 5,601 6,685 6,789 6,340 6,126 5,047 6,269 6,321 6,090 5,665 4,970 5,164 5,084 5,183 5,330 5,379 5,312 5,191 4,916 5,161 5,000 4,755 4,592 4,724 4,802 4,923 4,879 4,904 4,985 4,796 4,563 4,542 4,473 4,733 4,578 4,779 4,622 4,580 4,545 4,465 4,472 4,463 4,470 4,577 4,285 4,165 3,781.1 3,669.6 3,067.3 2,563.4 2,490 2,776.6 2,874.8 3,020.1 3,046.1 3,012.9 2,970.1 3,041 2,928.9 2,760.2 2,475.3 2,449.0 2,457.5 2,403.0 2,558.2 2,359.0 2,430.5 2,260.3 2,094.1 2,271.4 2,076.2 1,836.2 1,874.2 1,716.9 1,725.8 1,724.4 1,614.7 1,472.2 1,498.4 1,583.0 1,562.2 1,589.3 1,548.5 1,346.7 1,277.7 1,348.4 1,340.0 1,431.9 1,560.8 1,648.7 1,716.2 1,788.7 1,737.5 1,728.9 1,662.7 1,711.3 1,618.9 1,475.3 1,554.4 1,531.3 1,395.5 1,406.7 1,440.1 1,100.5 987.1 1,490.7 1,548.7 1,625.3 1,630.9 1,644.1 1,722.3 1,708.1 1,624.6 1,543 1,502.8 1,401.3 1,399.2 1,483.8 1,479 1,589.4 1,571.4 1,549.3 1,634.2 1,622.4 1,841.3 1,825.1 1,826.8 1,913 1,896 1,872.5 1,769.9 1,656.9 2,092.2
Cash Flow
Operating Cash Flow 474 784 216 191 342 674 459 (88) 107 756 696 115 403 110 529 11 503 289 455 343 627 487 609 555 532 765 814 423 454 806 454 432 391 811 419 650 (76) 477 247 91 335 450 331 179 397 548 175 295 204 372 192 137 59 330 261 216 10 6 127 145 389 83 320 68 393 153.3 269.5 69.6 422 107.7 310 185.5 369.7 167.5 349.1 92 179.9 169.9 287.3 63.1 447.2 167.8 343.0 221.0 290.6 232.1 307.3 197.6 270.7 135.0 262.1 83.0 269.4 147.3 308.0 178.0 175.3 153.6 243.2 141.7 183.4 55.9 177.7 24.4 183.5 77.6 95.6 59.8 145.2 5.8 130.9 93 155.7 105.8 189.8 99.7 30.7 75.6 159.3 110.5 27.6 55.6 129.6 81.7 45.7 69.6 100.2 68.8 69 73 107 72.7 51.4 60.5 76.9 41.2 62.2 24.4 92.2 34.9 52.7 43 88.3 28.8 54.8 113.9 50 22.8 9.2
Capital Expenditure (17) (36) (41) 0 0 0 71 (33) (38) (32) (7) (20) 0 9 (37) (35) (23) (62) (27) (13) (13) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (90) 0 0 0 759 0 (38) (121) (144) 0 0 0 61 (9) (8) (44) (4) (25) (37) (20) (12) (8) (16) (38) (13.5) (27.7) (9.9) (11.4) (10.3) (10.9) (12.4) (12.6) 25 (15.9) (2.9) (6.2) (35.5) (13.7) (16.6) (6.6) (10.1) (6.8) (58.3) (4.2) (9.5) (34.7) (8.9) (3.3) (6.7) (8.9) (9.0) (5.1) (15.8) (8.2) (25.2) (4.5) (46.5) (12.6) (17.8) (13.3) (31.1) (17.4) (20.9) (18.9) (10.6) 159 (204) (18.5) (17.4) (14.5) (18.3) (16.6) (29.5) (12.5) (14.1) (8.8) (12.4) (9.6) (8.1) (7.9) (12.4) (7.5) (20.3) (2.4) (3.8) (4) (10.3) (4) (7) (3.5) (4) (3) (8.7) (6.2) (5.6) (5.3) 7.8 (11.4) (9.1) (13) (19.5) (12.5) (15.6) (10.3) (13.2) (9.9) (10.8) (6.8)
Free Cash Flow 457 748 175 191 342 674 530 (121) 69 724 689 95 403 119 492 (24) 480 227 428 330 614 487 609 555 532 765 814 423 454 806 454 432 391 811 419 650 (76) 477 247 91 335 360 331 179 397 1,307 175 257 83 228 192 137 59 391 252 208 (34) 2 102 108 369 71 312 52 355 139.8 241.8 59.7 410.6 97.4 299.1 173.1 357.1 192.5 333.2 89.1 173.7 134.4 273.6 46.6 440.6 157.6 336.2 162.6 286.4 222.7 272.6 188.7 267.4 128.3 253.2 74.0 264.3 131.5 299.8 152.9 170.8 107.1 230.7 123.9 170.2 24.7 160.3 3.5 164.6 67.1 254.6 (144.2) 126.7 (11.6) 116.4 74.7 139.1 76.3 177.3 85.6 21.9 63.2 149.7 102.4 19.7 43.2 122.1 61.4 43.3 65.8 96.2 58.5 65 66 103.5 68.7 48.4 51.8 70.7 35.6 56.9 32.2 80.8 25.8 39.7 23.5 75.8 13.2 44.5 100.7 40.1 12 2.4