Aflac Incorporated logo AFL - Aflac Incorporated

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 9
HOLD 18
SELL 5
STRONG
SELL 0
| PRICE TARGET: $112.20 DETAILS
HIGH: $125.00
LOW: $99.00
MEDIAN: $114.00
CONSENSUS: $112.20
DOWNSIDE: 4.80%
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 4,315 4,896 4,793 4,218 3,453 5,498 3,035 5,157 5,437 3,857 5,032 5,173 4,831 4,022 4,711 5,332 5,148 5,387 5,263 5,511 5,795 6,003 5,627 5,364 5,122 5,569 5,519 5,493 5,640 5,110 5,562 5,571 5,448 5,407 5,489 5,411 5,292 5,728 5,700 5,422 5,433 5,300 5,050 5,268 5,227 5,440 5,698 5,833 5,635 5,756 5,871 6,027 6,173 6,283 6,815 5,894 6,215 5,979 5,987 5,088 5,117 5,294 5,394 4,980 5,065 4,597 4,526 4,313 4,818 4,260 3,691 4,336 4,267 4,017 3,861 3,764 3,751 3,687 3,672 3,697 3,559 3,567 3,669 3,567 3,559 3,447 3,321 3,233 3,280 2,847 2,861 2,666 2,513 2,404 2,348 2,421 2,488 2,472 2,355 2,398
Cost of Revenue 1,832 1,963 2,689 3,035 2,963 2,971 2,556 2,823 2,964 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,483 2,933 2,104 1,183 490 2,527 479 2,334 2,473 3,857 5,032 5,173 4,831 4,022 4,711 5,332 5,148 5,387 5,263 5,511 5,795 6,003 5,627 5,364 5,122 5,569 5,519 5,493 5,640 5,110 5,562 5,571 5,448 5,407 5,489 5,411 5,292 5,728 5,700 5,422 5,433 5,300 5,050 5,268 5,227 5,440 5,698 5,833 5,635 5,756 5,871 6,027 6,173 6,283 6,815 5,894 6,215 5,979 5,987 5,088 5,117 5,294 5,394 4,980 5,065 4,597 4,526 4,313 4,818 4,260 3,691 4,336 4,267 4,017 3,861 3,764 3,751 3,687 3,672 3,697 3,559 3,567 3,669 3,567 3,559 3,447 3,321 3,233 3,280 2,847 2,861 2,666 2,513 2,404 2,348 2,421 2,488 2,472 2,355 2,398
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 0 1,112 781 804 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,037 1,019 999 1,054 1,017 992 956 993 917 906 884 410 875 381 389 385 355 362 358 0 331 326 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 Expenses 1,258 219 (671) (443) 345 392 387 315 303 3,567 3,227 3,348 3,489 3,498 3,382 3,624 3,854 4,155 4,150 4,138 4,192 4,786 4,474 4,294 4,402 4,512 4,483 4,384 4,398 4,388 4,416 4,440 4,466 4,408 4,414 4,366 4,394 4,575 4,737 4,588 4,316 4,190 4,186 4,394 4,214 4,365 4,624 4,595 4,531 4,728 4,802 4,669 4,812 5,404 4,298 4,134 4,014 4,091 3,878 3,652 3,570 3,634 3,422 3,185 3,207 3,845 3,102 3,459 3,558 3,575 3,188 3,234 3,183 3,431 2,888 2,803 3,115 3,179 3,115 3,073 2,984 3,008 3,024 3,051 3,053 2,998 2,870 2,820 2,814 2,741 2,484 2,371 2,191 2,140 2,099 2,147 2,231 2,220 2,096 2,155
Operating Expenses 1,258 1,331 110 361 345 392 387 315 303 3,567 3,227 3,348 3,489 3,498 3,382 3,624 3,854 4,155 4,150 4,138 4,192 4,786 4,474 4,294 4,402 4,512 4,483 4,384 4,398 4,388 4,416 4,440 4,466 4,408 4,414 4,366 4,394 4,575 4,737 4,588 4,316 4,190 4,186 4,394 4,214 4,365 4,624 4,595 4,531 4,728 4,802 4,669 4,812 5,404 5,335 5,153 5,013 5,145 4,895 4,644 4,526 4,627 4,339 4,091 4,091 4,255 3,977 3,840 3,947 3,960 3,543 3,596 3,541 3,431 3,219 3,129 3,115 3,179 3,115 3,073 2,984 3,008 3,024 3,051 3,053 2,998 2,870 2,820 2,814 2,741 2,484 2,371 2,191 2,140 2,099 2,147 2,231 2,220 2,096 2,155
Operating Income
Operating Income 1,225 1,602 1,994 822 145 2,135 92 2,019 2,170 290 1,805 1,825 1,342 524 1,329 1,708 1,294 1,232 1,113 1,373 1,603 1,217 1,153 1,070 720 1,057 1,036 1,109 1,242 722 1,146 1,131 982 999 1,075 1,045 898 1,153 963 834 1,117 1,110 864 874 1,013 1,075 1,074 1,238 1,104 1,028 1,069 1,358 1,361 879 1,480 741 1,202 834 1,092 444 591 667 1,055 889 974 342 549 473 871 300 148 740 726 586 642 635 636 508 557 624 575 559 645 516 506 449 451 413 466 106 377 295 322 264 249 274 257 252 259 243
Interest Expense 60 61 57 52 50 50 50 50 47 47 49 51 48 55 59 55 56 57 57 62 62 61 63 63 55 57 57 57 58 58 53 54 56 59 59 61 62 72 65 66 65 65 67 74 83 79 77 81 80 82 71 69 71 75 67 62 57 53 52 46 45 44 39 33 33 26 25 14 8 8 7 7 7 7 6 6 8 5 4 5 5 6 6 6 6 6 6 6 6 6 5 6 5 4 5 5 5 5 5 5
Interest Income 0 973 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,285 1,852 2,706 822 145 2,135 92 2,019 2,170 290 1,805 1,825 1,342 524 1,329 1,708 1,294 1,232 1,113 1,373 1,603 1,217 1,153 1,070 720 1,057 1,036 1,109 1,242 722 1,146 1,131 982 999 1,075 1,045 898 1,153 963 834 1,117 1,110 864 874 1,013 1,075 1,074 1,238 1,104 1,028 1,069 1,358 1,361 879 1,480 741 1,202 834 1,092 444 591 667 1,055 889 974 342 549 473 871 300 148 740 726 586 642 635 636 508 557 624 575 559 645 516 506 449 451 413 466 106 377 295 322 264 249 274 257 252 259 281
EBIT 1,285 1,602 2,051 822 145 2,135 92 2,019 2,170 290 1,805 1,825 1,342 524 1,329 1,708 1,294 1,232 1,113 1,373 1,603 1,217 1,153 1,070 720 1,057 1,036 1,109 1,242 722 1,146 1,131 982 999 1,075 1,045 898 1,153 963 834 1,117 1,110 864 874 1,013 1,075 1,074 1,238 1,104 1,028 1,069 1,358 1,361 879 1,480 741 1,202 834 1,092 444 591 667 1,055 889 974 342 549 473 871 300 148 740 726 586 642 635 636 508 557 624 575 559 645 516 506 449 451 413 466 106 377 295 322 264 249 274 257 252 259 243
Income Before Tax 1,225 1,572 1,994 822 145 2,135 92 2,019 2,170 290 1,805 1,825 1,342 524 1,329 1,708 1,294 1,232 1,113 1,373 1,603 1,217 1,153 1,070 720 1,057 1,036 1,109 1,242 722 1,146 1,131 982 999 1,075 1,045 898 1,153 963 834 1,117 1,110 864 874 1,013 1,075 1,074 1,238 1,104 1,028 1,069 1,358 1,361 879 1,480 741 1,202 834 1,092 444 591 667 1,055 889 974 342 549 473 871 300 148 740 726 586 642 635 636 508 557 624 575 559 645 516 506 449 451 413 466 106 377 295 322 264 249 274 257 252 259 243
Income Tax Expense 206 193 355 223 116 233 185 264 291 22 236 191 154 339 (452) 314 247 193 225 268 310 265 (1,303) 265 154 276 259 292 314 197 301 299 265 (1,584) 359 332 306 402 334 286 386 380 297 301 350 372 368 428 372 353 367 469 469 298 463 258 417 288 356 170 202 230 365 308 338 90 186 159 302 103 48 257 252 203 222 220 220 175 190 216 200 195 190 180 178 31 158 155 162 34 129 109 110 102 96 96 91 89 57 87
Net Income 1,019 1,379 1,639 599 29 1,902 (93) 1,755 1,879 268 1,569 1,634 1,188 185 1,781 1,394 1,047 1,039 888 1,105 1,293 952 2,456 805 566 781 777 817 928 525 845 832 717 2,583 716 713 592 751 629 548 731 730 567 573 663 703 706 810 732 675 702 889 892 581 1,017 483 785 546 736 274 389 437 690 581 636 252 363 314 569 197 100 483 474 383 420 415 416 333 367 408 375 364 455 336 328 418 293 258 304 72 248 186 212 162 153 178 166 163 202 156
Per Share Data
EPS (Basic) 1.99 2.60 3.09 1.12 0.05 3.44 -0.17 3.11 3.27 0.46 2.65 2.72 1.94 0.32 2.83 2.17 1.59 1.58 1.33 1.63 1.88 1.38 3.45 1.12 0.78 1.07 1.05 1.10 1.23 0.70 1.10 1.08 0.92 3.00 0.91 0.90 0.74 0.94 0.77 0.67 0.88 0.87 0.66 0.67 0.76 0.79 0.78 0.90 0.81 0.73 0.76 0.96 0.96 0.62 1.09 0.52 0.84 0.59 0.79 0.30 0.42 0.47 0.74 0.62 0.68 0.27 0.39 0.34 0.61 0.21 0.11 0.51 0.50 0.40 0.43 0.43 0.43 0.34 0.37 0.41 0.38 0.37 0.46 0.34 0.33 0.42 0.29 0.26 0.30 0.07 0.24 0.18 0.21 0.16 0.14 0.17 0.16 0.16 0.19 0.14
EPS (Diluted) 1.98 2.59 3.08 1.11 0.05 3.42 -0.17 3.10 3.25 0.46 2.64 2.71 1.93 0.31 2.82 2.16 1.58 1.57 1.32 1.62 1.87 1.38 3.44 1.12 0.78 1.06 1.04 1.09 1.23 0.69 1.09 1.07 0.91 2.98 0.90 0.90 0.74 0.93 0.77 0.66 0.87 0.87 0.66 0.66 0.76 0.79 0.78 0.89 0.80 0.73 0.75 0.95 0.95 0.62 1.08 0.52 0.84 0.58 0.79 0.29 0.42 0.46 0.73 0.62 0.68 0.27 0.39 0.34 0.61 0.21 0.11 0.50 0.49 0.40 0.43 0.42 0.42 0.34 0.37 0.41 0.37 0.36 0.45 0.33 0.32 0.41 0.28 0.25 0.30 0.07 0.24 0.18 0.20 0.15 0.14 0.17 0.15 0.15 0.19 0.14
Shares Outstanding 513.1 530.0 530.0 536.7 544.7 557.9 557.9 564.6 574.9 581.9 591.2 600.7 611.2 619.8 629.4 640.7 649.8 659.1 668.8 678.0 688.9 688.9 711.7 717.9 724.4 733.4 739.9 745.2 751.4 751.4 767.0 772.9 778.5 784.3 789.0 792.9 802.3 802.3 817.0 823.7 837.5 837.5 857.5 863.3 874.6 892.7 902.5 905.1 909.5 924.1 928.6 930.4 932.9 934.7 934.8 933.6 931.8 931.8 931.8 933.0 936.0 936.0 939.7 937.6 935.9 935.9 933.2 932.8 932.2 932.2 950.7 948.8 956.3 956.3 974.1 975.8 981.1 981.1 989.8 993.9 996.1 996.1 1,001.1 1,002.9 1,005.4 1,005.4 1,013.2 1,016.7 1,019.8 1,019.8 1,027.5 1,029.1 1,036.2 1,038.9 1,051.6 1,056.4 1,056.4 1,060.4 1,062.3 1,062.4
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 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 5,231 6,245 6,768 6,965 5,231 6,229 5,612 6,060 5,098 4,306 5,502 4,720 3,809 3,943 4,710 5,173 4,275 5,051 6,208 5,469 4,990 5,141 5,563 5,528 4,148 4,896 4,216 3,019 3,892 4,337 3,429 3,847 4,080 3,491 4,927 4,264 4,205 4,859 5,270 3,700 3,449 2,184 1,611 2,323 1,689 1,196 1,328 1,072 1,169 1,052 1,735 985 1,379 1,291 827 736 1,075 609 808 967 692 616 534 378 269 374 290 344 145 235.7 2 0 10 0 19 4 7 4.1 18 12 17 17.6 37 34 35 0 0 0 0
Short-Term Investments 0 0 69,656 68,914 67,177 65,269 5,059 66,259 70,130 73,290 69,801 74,505 78,099 75,741 73,643 79,431 89,965 98,696 100,722 102,284 100,744 105,882 103,128 99,959 96,288 91,262 93,940 92,435 87,924 82,895 83,355 86,984 90,141 84,313 83,206 83,003 80,196 76,702 83,799 83,315 74,906 0 0 114 90 84 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 0 0 0 43.3 0 0 0 261.7 0 0 0 232.2 0 0 0 330.9 0 0 0 0 0 0 0
Net Receivables 894 835 852 873 894 779 814 880 1,038 848 712 755 789 647 655 687 730 672 787 788 777 796 824 894 813 828 908 883 858 851 784 892 906 827 937 871 618 669 689 758 723 659 671 764 840 667 688 470 442 547 463 405 435 401 442 297 324 301 313 286 262 270 262 239 255 272 236.4 244.4 214.1 215.7 231.7 229.6 217.1 227.0 460.7 246.3 260 321.1 325.2 356.3 333.6 303.7 301.9 273.1 258 232 232.2 219.6 191.9
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 718 (77,276) (76,752) (73,302) (72,277) (11,485) (73,199) (76,266) (78,444) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Current Assets 6,125 7,798 0 0 0 0 0 0 0 0 76,015 79,980 82,697 80,331 79,008 85,291 94,970 104,419 107,717 108,541 106,511 111,819 109,515 106,381 101,249 96,986 99,064 96,337 92,674 88,083 87,568 91,723 95,127 88,631 89,070 88,138 85,019 82,230 89,758 87,773 79,078 2,843 2,282 3,201 2,619 1,947 2,016 1,542 1,611 1,599 2,198 1,390 1,814 1,692 1,269 1,033 1,399 909 1,121 1,253 954 886 262 239 255 656 236.4 244.4 214.1 495.0 231.7 229.6 217.1 488.7 460.7 246.3 260 557.4 325.2 356.3 333.6 652.3 301.9 273.1 258 232 232.2 219.6 191.9
Non-Current Assets
Property, Plant & Equipment 391 351 1,307 390 391 387 421 398 418 445 445 500 528 530 488 512 538 538 542 563 578 601 584 584 586 581 562 562 559 443 435 448 448 434 439 442 444 433 476 467 443 594 583 593 579 570 480 505 521 518 472 478 482 469 492 474 463 481 491 497 492 509 493 449 450 427 372 367.3 380.8 386.0 420.3 444.4 442.6 471.9 505.4 516.6 534 552.1 572.5 659.9 634.5 580.2 584.4 579.4 387.6 361 375.8 371.5 331.7
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 9,034 9,216 9,296 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 60.4 60.9 100.2 101.2 104 104.5 106.7 107.7 108.8 109.9 110.9 112 113.1 114 113.4 114.5 115.6
Long-Term Investments 102,215 97,515 91,423 87,195 84,796 82,031 90,798 82,672 87,581 92,197 (69,801) (74,505) (78,099) (75,741) (73,643) (79,431) (89,965) (98,696) (100,722) (102,284) (100,744) (105,882) (103,128) (99,959) (96,288) (91,262) (93,940) (92,435) (87,924) (82,895) (83,355) (86,984) (90,141) (84,313) (83,206) (83,003) (80,196) (76,702) (83,799) (83,315) (74,906) 0 0 (114) (90) (84) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (10) 0 0 0 (43.3) 0 0 0 (261.7) 0 0 0 (232.2) 0 0 0 (330.9) 0 0 0 0 0 0 0
Other Non-Current Assets 11,527 1,772 (101,946) (96,881) (85,187) (82,418) (91,219) (83,070) (87,999) (92,642) 118,452 124,651 129,840 126,618 122,247 129,257 141,503 151,281 153,060 154,672 151,812 158,548 153,984 150,081 146,069 146,463 148,451 146,936 140,370 134,775 133,293 136,799 141,922 132,465 129,780 129,817 128,383 123,858 137,666 136,362 123,151 87,802 82,313 80,426 72,933 69,382 61,080 50,083 51,157 48,847 45,160 43,473 42,762 40,732 38,289 37,286 35,779 35,841 36,292 37,044 35,945 35,646 34,470 30,914 30,644 30,110 27,758 25,695 26,933.3 28,616.3 29,156.6 29,516.1 26,387.7 24,260.6 24,523.7 23,806.8 24,478 24,356.2 23,936.4 26,503.3 23,429.8 19,275.6 19,531.3 18,438.2 17,256.7 14,735 14,545.9 13,637.3 12,609.1
Total Non-Current Assets 114,133 108,672 0 0 0 0 0 0 0 0 49,096 50,646 52,269 51,407 49,092 50,338 52,076 53,123 52,880 52,951 51,646 53,267 51,440 50,706 50,367 55,782 55,073 55,063 53,005 52,323 50,373 50,263 52,229 48,586 47,013 47,256 48,631 47,589 54,343 53,514 48,688 88,396 82,896 80,905 73,422 69,868 61,560 50,588 51,678 49,365 45,632 43,951 43,244 41,201 38,781 37,760 36,242 36,322 36,783 37,541 36,437 36,155 34,963 31,363 31,094 30,566 28,130 26,062.3 27,314.1 28,959.0 29,576.9 29,960.5 26,890.7 24,531.7 25,129.3 24,424.6 25,116 24,780.6 24,615.6 27,270.9 24,173.1 19,634.8 20,226.6 19,129.6 17,757.4 15,210 15,035.1 14,123.3 13,056.4
Total Assets 120,258 116,470 122,134 124,736 120,258 117,566 128,442 120,168 124,742 126,724 125,111 130,626 134,966 131,738 128,100 135,629 147,046 157,542 160,597 161,492 158,157 165,086 160,955 157,087 151,616 152,768 154,137 151,400 145,679 140,406 137,941 141,986 147,356 137,217 136,083 135,394 133,650 129,819 144,101 141,287 127,766 91,239 85,178 84,106 76,041 71,815 63,576 52,130 53,289 50,964 47,830 45,341 45,058 42,893 40,050 38,793 37,641 37,231 37,904 38,794 37,391 37,041 35,225 31,602 31,349 31,222 28,366.4 26,306.7 27,528.2 29,454 29,808.6 30,190.1 27,107.8 25,020.4 25,590 24,670.9 25,376 25,338 24,940.8 27,627.2 24,506.7 20,287.1 20,528.5 19,402.7 18,015.4 15,442 15,267.3 14,342.9 13,248.3
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 636 486 483 593 0 656 1,033 895 374 1,263 102 1,323 8 0 797 417 127 397 999 340 0 0 0 0 173 0 0 0 3,249.9 0 0 0 673.3 0 0 0 1,458.2 0 0 0 603.3 0 0 0 0 0 0 0
Short-Term Debt 0 0 399 86 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 548 0 0 0 649 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7 0 0 0 17.5 0 0 0 0 0 0 0 0 0 0 0 15 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 (1,876) (771) (815) (573) (454) (752) (777) (154) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 548 0 0 0 649 0 0 0 636 486 483 593 0 656 1,033 895 374 1,263 102 1,323 8 0 797 417 127 397 999 340 0 0 0 0 173 0 0 0 3,256.9 0 0 0 690.8 0 0 0 1,458.2 0 0 0 603.3 0 0 0 15 0 0 0
Non-Current Liabilities
Long-Term Debt 7,751 8,409 8,282 8,751 7,653 7,402 7,868 7,322 7,799 7,240 6,824 6,941 7,270 7,295 7,393 7,279 7,628 7,839 7,937 7,979 7,937 7,745 7,675 7,618 6,597 6,408 6,095 6,098 5,766 5,765 5,264 5,299 5,352 4,719 5,230 5,234 5,230 4,690 5,743 4,987 4,965 2,653 2,584 2,599 1,992 1,684 1,454 1,395 1,423 1,409 1,312 1,311 1,312 1,295 1,287 1,356 1,035 1,079 914 1,097 1,072 1,018 1,079 1,028 573 596 502.1 522.6 511.2 516 413.5 539.2 496.2 336.1 370.5 413 436 327.3 352.4 269.5 189.3 184.9 210.1 205.8 166.3 107 137.9 142.9 128.9
Deferred Tax Liabilities 0 1,368 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Liabilities 90,068 77,203 85,419 (8,847) (7,751) (7,498) (7,978) (7,430) (7,912) (7,364) 95,481 103,100 107,762 104,156 96,430 101,826 109,751 116,333 118,979 119,636 117,966 123,628 120,651 119,896 118,456 117,240 118,466 116,928 113,730 111,166 109,428 112,871 117,697 107,330 108,858 108,639 108,060 103,977 115,551 113,728 102,761 77,920 73,121 72,607 67,106 64,932 53,015 43,523 43,978 42,535 37,688 36,916 36,029 35,486 33,204 31,204 30,971 31,331 32,489 32,537 31,912 32,155 30,374 26,923 26,917 26,683 24,293 22,248.9 23,563.3 22,251.1 26,601.3 27,006.6 24,314.5 21,867.9 23,185.8 22,230.6 22,852 21,418.4 22,528.2 25,176.3 22,332.2 17,747.1 18,579.3 17,484.3 16,132.6 13,954 13,793.8 12,924.7 11,948.3
Total Non-Current Liabilities 97,819 86,980 93,618 0 0 0 0 0 0 0 102,442 110,187 115,182 111,598 103,948 109,242 117,519 124,289 127,045 127,757 126,054 131,527 128,476 127,667 125,214 123,809 124,699 123,159 119,630 116,944 114,707 118,186 123,069 112,071 114,106 113,891 113,310 108,688 121,316 118,737 107,745 80,573 75,705 75,206 69,098 66,616 54,469 44,918 45,401 43,944 39,000 38,227 37,341 36,781 34,491 32,560 32,006 32,410 33,403 33,634 32,984 33,173 31,453 27,951 27,490 27,279 24,795.1 22,771.5 24,074.5 22,767.1 27,014.8 27,545.8 24,810.7 22,204.0 23,556.3 22,643.6 23,288 21,745.7 22,880.6 25,445.8 22,521.5 17,932.0 18,789.4 17,690.1 16,298.9 14,061 13,931.7 13,067.6 12,077.2
Total Liabilities 97,819 86,980 93,446 97,536 93,920 91,468 103,612 94,121 101,205 104,739 102,442 110,187 115,182 111,598 103,948 109,242 117,519 124,289 127,045 127,757 126,054 131,527 128,476 127,667 125,214 123,809 124,699 123,159 119,630 116,944 114,707 118,186 123,069 112,619 114,106 113,891 113,310 109,337 121,316 118,737 107,745 81,209 76,191 75,689 69,691 66,616 55,125 45,951 46,296 44,318 40,263 38,329 38,664 36,789 34,491 33,357 32,423 32,537 33,800 34,633 33,324 33,173 31,453 27,951 27,490 27,452 24,795.1 22,771.5 24,074.5 26,024 27,014.8 27,545.8 24,810.7 22,894.8 23,556.3 22,643.6 23,288 23,203.9 22,880.6 25,445.8 22,521.5 18,535.3 18,789.4 17,690.1 16,298.9 14,076 13,931.7 13,067.6 12,077.2
Stockholders' Equity
Common Stock 136 136 136 136 136 136 136 136 136 136 136 136 135 135 135 135 135 135 135 135 135 135 135 135 135 135 135 135 135 135 135 135 135 67 67 67 67 67 67 67 67 66 66 66 66 66 66 65 65 65 65 65 65 65 65 65 65 32 6 32 32 32 32 32 32 32 31.8 31.7 15.9 15.8 15.8 15.8 15.7 15.7 15.7 15.7 16 15.6 10.4 10.4 10.4 10.4 10.4 10.3 10.4 10 0 0 0
Retained Earnings 52,308 54,682 53,923 52,595 52,308 52,277 50,972 51,345 49,872 47,993 48,257 46,937 45,555 44,367 44,892 43,547 42,413 41,381 40,830 40,162 39,277 37,984 37,460 35,204 34,599 34,291 33,710 33,130 32,513 31,788 31,461 30,809 30,183 29,895 27,489 26,942 26,400 25,981 25,404 24,944 24,565 13,340 12,890 12,410 12,058 11,875 10,354 6,369 6,152 5,885 5,658 5,445 5,244 5,089 4,406 4,239 4,112 3,956 3,812 3,672 3,493 3,356 3,274 3,151 3,040 2,862 2,763.1 2,672.9 2,587.5 2,442.3 2,361.8 2,281.3 1,994.3 1,917.8 1,797.9 1,723.5 1,652 1,577.6 1,506.6 1,431 1,350.9 1,277.5 1,211.5 0 0 1,030 973.1 918.9 870.5
Accumulated Other Comprehensive Income (5,758) 1,452 653 (491) (1,859) (2,978) (3,677) (3,292) (5,102) (5,520) (5,760) (7,338) (7,278) (6,429) (3,511) (548) 3,113 7,393 7,662 8,019 6,807 8,934 7,917 6,750 4,188 6,615 7,251 6,364 4,481 2,151 1,909 2,852 3,685 4,028 3,531 3,401 2,632 2,630 5,364 5,432 2,936 629 93 29 (1,652) (2,491) 792 1,662 2,669 2,493 3,492 3,077 2,630 2,437 2,308 2,291 2,179 1,668 1,169 1,337 1,389 1,264 0 0 0 1,551 0 0 0 1,558.8 0 0 0 509.9 0 0 220 696.1 213.3 225.9 207.5 402.9 175.1 0 0 123 0 0 0
Total Stockholders' Equity 22,439 29,490 28,688 27,200 26,338 26,098 24,830 26,047 23,537 21,985 22,669 20,439 19,784 20,140 24,152 26,387 29,527 33,253 33,552 33,735 32,103 33,559 32,479 29,420 26,402 28,959 29,438 28,241 26,049 23,462 23,234 23,800 24,287 24,365 21,977 21,503 20,340 20,482 22,785 22,550 20,021 10,030 8,987 8,417 6,350 5,199 8,451 6,179 6,993 6,646 7,567 7,012 6,394 6,104 5,559 5,436 5,218 4,694 4,104 4,161 4,067 3,868 3,772 3,651 3,859 3,770 3,571.3 3,535.2 3,453.7 3,430.5 2,793.8 2,644.3 2,297.1 2,125.6 2,033.7 2,027.3 2,088 2,134.1 2,060.2 2,181.4 1,985.2 1,751.8 1,739.1 1,712.6 1,716.5 1,366 1,335.6 1,275.3 1,171.1
Total Liabilities & Equity 120,258 116,470 122,134 124,736 120,258 117,566 128,442 120,006 124,564 126,724 125,111 130,626 134,966 131,738 128,100 135,629 147,046 157,542 160,597 161,492 158,157 165,086 160,955 157,087 151,616 152,768 154,137 151,400 145,679 140,406 137,941 141,986 147,356 137,217 136,083 135,394 133,650 129,819 144,101 141,287 127,766 91,239 85,178 84,106 76,041 71,815 63,576 52,130 53,289 50,964 47,830 45,341 45,058 42,893 40,050 38,793 37,641 37,232 37,904 38,794 37,391 37,041 35,225 31,602 31,349 31,183 28,366.4 26,306.7 27,528.2 29,454.0 29,808.6 30,190.1 27,107.8 25,022.8 25,590 24,670.9 25,376 25,338.0 24,940.8 27,627.2 24,506.7 20,287.1 20,528.5 19,402.7 18,015.4 15,443 15,267.3 14,342.9 13,248.3
Debt Metrics
Total Debt 7,751 8,409 8,768 8,933 7,751 7,498 7,978 7,455 7,936 7,364 6,961 7,087 7,420 7,442 7,518 7,416 7,768 7,956 8,066 8,121 8,088 7,899 7,825 7,771 6,758 6,569 6,233 6,231 5,900 5,778 5,279 5,315 5,372 5,289 5,248 5,252 5,250 5,360 5,765 5,009 4,984 2,653 2,584 2,599 1,992 1,684 1,454 1,395 1,423 1,409 1,312 1,311 1,312 1,295 1,287 1,356 1,035 1,079 914 1,097 1,072 1,111 1,079 1,028 573 596 502.1 522.6 511.2 523.2 413.5 539.2 496.2 353.5 370.5 413 436 327.3 352.4 269.5 189.3 184.9 210.1 205.8 166.3 122 137.9 142.9 128.9
Net Debt 2,520 2,164 2,000 1,968 2,520 1,269 2,366 1,395 2,838 3,058 1,459 2,367 3,611 3,499 2,808 2,243 3,493 2,905 1,858 2,652 3,098 2,758 2,262 2,243 2,610 1,673 2,017 3,212 2,008 1,441 1,850 1,468 1,292 1,798 321 988 1,045 501 495 1,309 1,535 469 973 276 303 488 126 323 254 357 (423) 326 (67) 4 460 620 (40) 470 106 130 380 495 545 650 304 222 212.1 178.6 366.2 287.5 411.5 539.2 486.2 353.5 351.5 409 429 323.1 334.4 257.5 172.3 167.3 173.1 171.8 131.3 122 137.9 142.9 128.9
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 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income 1,019 1,379 1,639 599 29 1,902 (93) 1,755 1,879 268 1,569 1,634 1,188 185 1,781 1,394 1,047 1,039 888 1,105 1,293 952 2,456 804 566 781 778 817 928 525 845 833 717 2,583 716 713 592 751 629 548 731 455 336 328 259 304 72 237 249 237 186 240 212 183 162 193 154 166 163 202 156 102 143 130 196 116.3 108 103 160 96 96 302.8 90.2 133.8 88.3 85.3 87 83.4 87.9 92.9 84.9 77.4 76.1 69.3 70 67 64.5 58.8 53.7
Depreciation & Amortization 0 (1,308) 655 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 7 6 7 0 20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 0 (21) 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 0 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 113 (566) 510 (454) (56) (349) (50) (527) 282 (1,306) 146 (621) 129 (94) (303) 100 439 49 545 56 516 552 (650) 218 536 290 804 (85) 819 520 667 710 455 (640) 726 659 1,043 1,155 351 921 547 (171) 181 (195) 1,236 1,470 (920) 9 (207) 105 (1,019) 1,012 968 1,108 1,132 3,091 (1,403) 1,424 (31) (1,295) 1,238 977 2,340 603 622 852.8 983 969 1,099 877.9 1,117.5 1,066.6 1,119.2 972.9 1,182.9 1,056.8 1,159 1,143.7 1,330.6 1,235 1,122.3 908.7 0 0 0 0 0 0 0
Other Non-Cash Items (164) 831 (1,559) 254 616 (1,220) 1,413 (973) (1,312) 1,871 (439) (571) (427) 942 (402) (984) (226) (218) 420 (199) (443) (147) 194 165 312 121 324 81 (203) 310 340 26 66 (411) (11) 36 122 (39) 286 54 53 824 665 1,041 (466) (554) 1,631 771 572 633 1,436 (207) (630) (416) (659) (2,508) 1,389 (821) 814 1,777 (561) (394) (1,633) (187) (89) (275.1) (388) (568) (477) (309.6) (484.4) (753.8) (607.8) (356.9) (568.8) (546.5) (613) (418.2) (647.1) (629.1) (560.4) (341.5) 574.6 471.3 455.7 392.2 491.4 366.5 350.9
Operating Cash Flow 968 315 1,252 399 589 333 1,270 255 849 833 1,276 442 890 1,033 1,076 510 1,260 870 1,853 962 1,366 1,357 2,000 1,187 1,414 1,192 1,906 813 1,544 1,355 1,852 1,569 1,238 1,532 1,431 1,408 1,757 1,867 1,266 1,523 1,331 1,108 1,182 1,174 1,029 1,220 783 1,017 614 975 603 984 577 874 640 790 138 670 985 693 909 663 883 566 695 655.4 723 491 621 641.0 716.9 625.5 615.1 708.1 722.3 615.3 651 782.6 780.6 717.3 663.6 652.2 650.7 540.6 525.7 459.2 555.9 425.3 404.6
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (12) (1) (8) (4) 0 (14) (48) (12) (7) (6) (1) 0 (6) (6) (3) (14.1) (13) (7) (6) (3.6) (2) (1.3) (0.8) (0.2) (3.9) (1.1) (4) (4.3) (2.7) (4.7) (5.7) (2.2) (13.2) (158.7) (11.3) 0 (35.5) (9.8) (88.4)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (3,506) (18,867) 10,673 (3,251) (7,422) 587 (1,770) (1,351) (4,575) (15) (22) (829) (2,960) (675) (363) (1,708) (1,517) (1,797) (1,266) (1,506) (2,802) (1,740) (1,256) (950) (2,184) (1,032) (1,748) (2,019) (3,144) (1,721) (1,218) (2,975) (4,267) (4,545) (4,213) 629 (4,041) (6,547) (1,698) (2,444) (2,398) (3,985) (323) (3,356) (1,973) (1,756) (1,831) (1,339) (1,747) (1,550) (1,518) (1,920) (1,030) (1,474) (3,960) (1,249) (1,433) (1,162) (692) (1,218) (1,404) (799) (1,038) (1,329) (1,143) (205.2) (902) (753) (1,166) (935.6) (1,005.8) (1,931.3) (1,121.3) (1,022.6) (1,633.5) (978.9) (1,284) (1,221.4) (836.4) (1,061.6) (1,007.1) (1,251.5) (898.1) (647.2) (820.9) (729.6) (733.5) (833.2) (521.7)
Sales/Maturities of Investments 2,301 (9,184) 1,482 2,035 6,049 2,454 1,387 1,596 2,553 1,774 729 719 1,075 1,474 953 1,917 647 1,522 1,353 859 890 1,058 826 1,355 742 2,409 1,685 1,394 1,068 2,747 2,277 3,813 1,150 1,943 4,383 (504) 1,972 5,416 1,337 1,712 1,259 1,419 489 457 896 763 (3,378) 460 861 1,142 (3,295) 2,414 1,729 2,378 6,338 922 (1,028) 2,447 (227) (252) 1,746 3,021 358 566 368 1,843.1 244 499 474 225.4 471.2 261.7 1,130.8 261.9 1,054.9 441.4 531 294.7 266.1 348.4 371.1 669.0 264 270.5 352.7 222.8 227.5 434.3 226.4
Other Investing Activities 1,449 28,410 (12,127) 2,749 1,014 (1,524) (647) 1,822 2,249 (3,171) (217) 1,675 1,808 (1,492) (1,520) 1,084 (340) (932) (419) 777 943 (426) (961) (809) (274) (1,602) (156) (811) 785 (1,436) (2,788) (2,082) 2,918 58 (540) (1,115) 542 (86) 152 (210) (348) 1,598 (835) (975) (7) (6) 4,399 (721) 1,118 (914) 4,372 (896) (1,044) (1,965) (2,908) (177) 1,600 (2,292) 7 1,079 (1,065) (2,728) 0 0 0 (2,239) 0 (1) 1 127.7 (1.5) 351.2 0.9 98.5 (3.1) 1.1 2 170.4 (172.7) 2.3 0 (34.4) 34.4 0 0 25 0 0 0
Investing Cash Flow 244 359 28 1,533 (359) 1,517 (1,030) 2,067 227 (1,412) 490 1,565 (77) (693) (930) 1,293 (1,210) (1,207) (332) 130 (969) (1,108) (1,391) (404) (1,716) (225) (219) (1,436) (1,291) (410) (1,729) (1,244) (199) (2,544) (370) (990) (1,527) (1,217) (209) (942) (1,487) (968) (669) (3,874) (1,084) (999) (810) (1,600) 232 (1,322) (453) (403) (353) (1,065) (497) (518) (909) (1,019) (919) (397) (724) (505) (686) (769) (778) (615.2) (671) (262) (697) (586.1) (538.1) (1,319.7) 9.6 (662.4) (585.6) (537.5) (755) (760.5) (745.7) (715.6) (641.7) (619.1) (612.9) (535.4) (479.5) (460.1) (541.5) (408.7) (383.7)
Financing Activities
Net Debt Issuance (400) 0 (84) 1,039 0 0 0 (194) 823 204 0 0 0 (450) 311 0 0 0 0 53 400 0 0 1,000 195 347 0 268 0 470 0 (2) 2 15 (4) (2) (130) (380) 757 (1) 0 358 (2) (2) (3) (4) (9) (3) (4) (4) (3) 29 (3) (3) (3) (107) 330 261 (164) 14 (4) (16) (75) 446 (3) 7.6 (43) 40 (5) 142.5 (100.9) 0.4 164.7 (5.6) (41) (15) 121 (15.4) 106.5 76.2 (0.5) (29.3) 3.7 24.8 42.1 (16.8) (5.2) (2.9) (7.1)
Stock Repurchased (1,000) (801) (1,000) (829) (900) (750) (500) (800) (750) (701) (700) (700) (700) (600) (651) (650) (500) (625) (526) (500) (650) (500) (400) (188) (449) (470) (310) (357) (490) (378) (322) (305) (296) (298) (240) (203) (610) (200) (208) (402) (612) (92) (112) (113) (51) (127) (127) (70) (93) (53) (82) (89) (42) (133) (69) (76) (43) (63) (43) (52) (81) (43) (40) (130) (11) (2.4) (71) (44) (8) (154.8) (72.3) (17) (70.2) (228.8) 96.4 (61.8) (10) (11.0) (121.5) (74) (17.7) (13.6) (28.2) (21.2) (68.7) 0 0 0 0
Dividends Paid (304) (292) (299) (301) (306) (267) (270) (272) (278) (236) (239) (243) (248) (239) (242) (248) (250) (208) (217) (211) (219) (189) (192) (193) (195) (192) (190) (194) (195) (198) (199) (201) (195) (170) (163) (162) (166) (166) (162) (163) (167) (53) (52) (53) (46) (46) (39) (39) (34) (34) (29) (29) (30) (24) (24) (25) (25) (21) (22) (21) (18) (15) (20) (19) (18) (17.1) (18) (17) (15) (15.4) (15.7) (15.7) (13.7) (13.9) (13.9) (14.4) (12) (12.3) (12.3) (12.9) (11.4) (11.4) (11.6) (11.5) (10.4) (10.3) (10.3) (10.3) (9.1)
Other Financing Activities (62) (94) (82) (69) (59) (60) (65) (60) (57) (62) (57) (71) 13 (8) (35) (10) 4 (22) (13) (17) (10) (2) 3 (33) (6) 20 37 (23) (13) (19) (28) (5) 2 (9) 19 6 19 (47) 41 39 6 75 91 62 66 54 39 74 34 31 15 21 26 21 43 (6) 110 1 16 17 7 7 2 4 5 2.9 2 0 3 2.1 2.5 0.9 1.1 149.1 (146.3) 1.7 2 0.9 (4.1) 5.3 1.1 0.7 0.9 0.3 0.3 2.3 0.1 0.2 1.4
Financing Cash Flow (1,762) (1,184) (1,462) (162) (1,261) (1,084) (826) (1,320) (256) (787) (992) (1,011) (933) (1,295) (612) (907) (737) (842) (756) (671) (470) (684) (583) 598 (446) (284) (451) (292) (686) (103) (525) (515) (473) (452) (382) (355) (876) (784) 446 (515) (766) 300 (58) (96) (26) (106) (127) (27) (93) (51) (86) (61) (41) (132) (46) (207) 383 182 (205) (29) (90) (110) (80) 316 (13) 2.7 (119) (10) (15) (15.0) (175.7) (22.1) 91.2 (64.6) (120.5) (79.8) 107 (36.1) (23.4) (7.6) (26.3) (50.9) (35.2) (7.6) (36.7) (24.8) (15.4) (13) (14.8)
Cash Position
Net Change in Cash (591) (523) (197) 1,734 (998) 617 (448) 962 792 (1,196) 782 911 (134) (767) (463) 898 (776) (1,157) 739 479 (151) (422) 35 1,380 (748) 680 1,197 (873) (445) 908 (418) (233) 589 (1,436) 663 59 (654) (411) 1,570 251 (901) 434 436 (2,821) (97) 117 (124) (559) 750 (394) 88 530 238 (329) 25 91 (339) (199) (159) 275 76 82 156 109 (105) 83.8 (54) 198 (90) 235.7 0 0 710.4 (19.4) 15.7 (3.3) 3 (13.9) 6.4 (5) (1) (19.2) 2.9 (1.4) 11.9 0 0 0 (36.1)
Cash at Beginning 6,245 6,768 6,965 5,231 6,229 5,612 6,060 5,098 4,306 5,502 4,720 3,809 3,943 4,710 5,173 4,275 5,051 6,208 5,469 4,990 5,141 5,563 5,528 4,148 4,896 4,216 3,019 3,892 4,337 3,429 3,847 4,080 3,491 4,927 4,264 4,205 4,859 5,270 3,700 3,449 4,350 1,428 992 3,813 1,169 1,052 1,176 1,735 985 1,379 1,291 761 523 852 827 736 1,075 808 967 692 616 534 378 269 374 290.2 344 146 236 0 0 0 209.1 19.4 3.7 7 4 18 11.6 16.6 17.6 36.8 33.9 35.3 23.4 0 0 0 36.1
Cash at End 5,654 6,245 6,768 6,965 5,231 6,229 5,612 6,060 5,098 4,306 5,502 4,720 3,809 3,943 4,710 5,173 4,275 5,051 6,208 5,469 4,990 5,141 5,563 5,528 4,148 4,896 4,216 3,019 3,892 4,337 3,429 3,847 4,080 3,491 4,927 4,264 4,205 4,859 5,270 3,700 3,449 1,862 1,428 992 1,072 1,169 1,052 1,176 1,735 985 1,379 1,291 761 523 852 827 736 609 808 967 692 616 534 378 269 374 290 344 146 235.7 0 0 919.5 0 19.4 3.7 7 4.1 18 11.6 16.6 17.6 36.8 33.9 35.3 0 0 0 0
Free Cash Flow 968 315 1,252 399 589 333 1,270 255 849 833 1,276 442 890 1,033 1,076 510 1,260 870 1,853 962 1,366 1,357 2,000 1,187 1,414 1,192 1,906 813 1,544 1,355 1,852 1,569 1,238 1,532 1,431 1,408 1,757 1,867 1,266 1,523 1,331 1,108 1,182 1,174 1,029 1,220 762 1,017 614 975 591 983 569 870 673 776 90 658 978 687 908 664 877 560 692 641.3 710 484 615 637.3 714.9 624.2 614.3 708.0 718.4 614.2 647 778.3 777.9 712.6 657.9 650.1 637.5 381.9 514.4 480.9 520.4 415.5 316.2
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 4,315 4,896 4,793 4,218 3,453 5,498 3,035 5,157 5,437 3,857 5,032 5,173 4,831 4,022 4,711 5,332 5,148 5,387 5,263 5,511 5,795 6,003 5,627 5,364 5,122 5,569 5,519 5,493 5,640 5,110 5,562 5,571 5,448 5,407 5,489 5,411 5,292 5,728 5,700 5,422 5,433 5,300 5,050 5,268 5,227 5,440 5,698 5,833 5,635 5,756 5,871 6,027 6,173 6,283 6,815 5,894 6,215 5,979 5,987 5,088 5,117 5,294 5,394 4,980 5,065 4,597 4,526 4,313 4,818 4,260 3,691 4,336 4,267 4,017 3,861 3,764 3,751 3,687 3,672 3,697 3,559 3,567 3,669 3,567 3,559 3,447 3,321 3,233 3,280 2,847 2,861 2,666 2,513 2,404 2,348 2,421 2,488 2,472 2,355 2,398
Gross Profit 2,483 2,933 2,104 1,183 490 2,527 479 2,334 2,473 3,857 5,032 5,173 4,831 4,022 4,711 5,332 5,148 5,387 5,263 5,511 5,795 6,003 5,627 5,364 5,122 5,569 5,519 5,493 5,640 5,110 5,562 5,571 5,448 5,407 5,489 5,411 5,292 5,728 5,700 5,422 5,433 5,300 5,050 5,268 5,227 5,440 5,698 5,833 5,635 5,756 5,871 6,027 6,173 6,283 6,815 5,894 6,215 5,979 5,987 5,088 5,117 5,294 5,394 4,980 5,065 4,597 4,526 4,313 4,818 4,260 3,691 4,336 4,267 4,017 3,861 3,764 3,751 3,687 3,672 3,697 3,559 3,567 3,669 3,567 3,559 3,447 3,321 3,233 3,280 2,847 2,861 2,666 2,513 2,404 2,348 2,421 2,488 2,472 2,355 2,398
Operating Income 1,225 1,602 1,994 822 145 2,135 92 2,019 2,170 290 1,805 1,825 1,342 524 1,329 1,708 1,294 1,232 1,113 1,373 1,603 1,217 1,153 1,070 720 1,057 1,036 1,109 1,242 722 1,146 1,131 982 999 1,075 1,045 898 1,153 963 834 1,117 1,110 864 874 1,013 1,075 1,074 1,238 1,104 1,028 1,069 1,358 1,361 879 1,480 741 1,202 834 1,092 444 591 667 1,055 889 974 342 549 473 871 300 148 740 726 586 642 635 636 508 557 624 575 559 645 516 506 449 451 413 466 106 377 295 322 264 249 274 257 252 259 243
Net Income 1,019 1,379 1,639 599 29 1,902 (93) 1,755 1,879 268 1,569 1,634 1,188 185 1,781 1,394 1,047 1,039 888 1,105 1,293 952 2,456 805 566 781 777 817 928 525 845 832 717 2,583 716 713 592 751 629 548 731 730 567 573 663 703 706 810 732 675 702 889 892 581 1,017 483 785 546 736 274 389 437 690 581 636 252 363 314 569 197 100 483 474 383 420 415 416 333 367 408 375 364 455 336 328 418 293 258 304 72 248 186 212 162 153 178 166 163 202 156
EPS (Diluted) 1.98 2.59 3.08 1.11 0.05 3.42 -0.17 3.10 3.25 0.46 2.64 2.71 1.93 0.31 2.82 2.16 1.58 1.57 1.32 1.62 1.87 1.38 3.44 1.12 0.78 1.06 1.04 1.09 1.23 0.69 1.09 1.07 0.91 2.98 0.90 0.90 0.74 0.93 0.77 0.66 0.87 0.87 0.66 0.66 0.76 0.79 0.78 0.89 0.80 0.73 0.75 0.95 0.95 0.62 1.08 0.52 0.84 0.58 0.79 0.29 0.42 0.46 0.73 0.62 0.68 0.27 0.39 0.34 0.61 0.21 0.11 0.50 0.49 0.40 0.43 0.42 0.42 0.34 0.37 0.41 0.37 0.36 0.45 0.33 0.32 0.41 0.28 0.25 0.30 0.07 0.24 0.18 0.20 0.15 0.14 0.17 0.15 0.15 0.19 0.14
Balance Sheet
Cash & Equivalents 5,231 6,245 6,768 6,965 5,231 6,229 5,612 6,060 5,098 4,306 5,502 4,720 3,809 3,943 4,710 5,173 4,275 5,051 6,208 5,469 4,990 5,141 5,563 5,528 4,148 4,896 4,216 3,019 3,892 4,337 3,429 3,847 4,080 3,491 4,927 4,264 4,205 4,859 5,270 3,700 3,449 2,184 1,611 2,323 1,689 1,196 1,328 1,072 1,169 1,052 1,735 985 1,379 1,291 827 736 1,075 609 808 967 692 616 534 378 269 374 290 344 145 235.7 2 0 10 0 19 4 7 4.1 18 12 17 17.6 37 34 35 0 0 0 0
Total Assets 120,258 116,470 122,134 124,736 120,258 117,566 128,442 120,168 124,742 126,724 125,111 130,626 134,966 131,738 128,100 135,629 147,046 157,542 160,597 161,492 158,157 165,086 160,955 157,087 151,616 152,768 154,137 151,400 145,679 140,406 137,941 141,986 147,356 137,217 136,083 135,394 133,650 129,819 144,101 141,287 127,766 91,239 85,178 84,106 76,041 71,815 63,576 52,130 53,289 50,964 47,830 45,341 45,058 42,893 40,050 38,793 37,641 37,231 37,904 38,794 37,391 37,041 35,225 31,602 31,349 31,222 28,366.4 26,306.7 27,528.2 29,454 29,808.6 30,190.1 27,107.8 25,020.4 25,590 24,670.9 25,376 25,338 24,940.8 27,627.2 24,506.7 20,287.1 20,528.5 19,402.7 18,015.4 15,442 15,267.3 14,342.9 13,248.3
Total Debt 7,751 8,409 8,768 8,933 7,751 7,498 7,978 7,455 7,936 7,364 6,961 7,087 7,420 7,442 7,518 7,416 7,768 7,956 8,066 8,121 8,088 7,899 7,825 7,771 6,758 6,569 6,233 6,231 5,900 5,778 5,279 5,315 5,372 5,289 5,248 5,252 5,250 5,360 5,765 5,009 4,984 2,653 2,584 2,599 1,992 1,684 1,454 1,395 1,423 1,409 1,312 1,311 1,312 1,295 1,287 1,356 1,035 1,079 914 1,097 1,072 1,111 1,079 1,028 573 596 502.1 522.6 511.2 523.2 413.5 539.2 496.2 353.5 370.5 413 436 327.3 352.4 269.5 189.3 184.9 210.1 205.8 166.3 122 137.9 142.9 128.9
Stockholders' Equity 22,439 29,490 28,688 27,200 26,338 26,098 24,830 26,047 23,537 21,985 22,669 20,439 19,784 20,140 24,152 26,387 29,527 33,253 33,552 33,735 32,103 33,559 32,479 29,420 26,402 28,959 29,438 28,241 26,049 23,462 23,234 23,800 24,287 24,365 21,977 21,503 20,340 20,482 22,785 22,550 20,021 10,030 8,987 8,417 6,350 5,199 8,451 6,179 6,993 6,646 7,567 7,012 6,394 6,104 5,559 5,436 5,218 4,694 4,104 4,161 4,067 3,868 3,772 3,651 3,859 3,770 3,571.3 3,535.2 3,453.7 3,430.5 2,793.8 2,644.3 2,297.1 2,125.6 2,033.7 2,027.3 2,088 2,134.1 2,060.2 2,181.4 1,985.2 1,751.8 1,739.1 1,712.6 1,716.5 1,366 1,335.6 1,275.3 1,171.1
Cash Flow
Operating Cash Flow 968 315 1,252 399 589 333 1,270 255 849 833 1,276 442 890 1,033 1,076 510 1,260 870 1,853 962 1,366 1,357 2,000 1,187 1,414 1,192 1,906 813 1,544 1,355 1,852 1,569 1,238 1,532 1,431 1,408 1,757 1,867 1,266 1,523 1,331 1,108 1,182 1,174 1,029 1,220 783 1,017 614 975 603 984 577 874 640 790 138 670 985 693 909 663 883 566 695 655.4 723 491 621 641.0 716.9 625.5 615.1 708.1 722.3 615.3 651 782.6 780.6 717.3 663.6 652.2 650.7 540.6 525.7 459.2 555.9 425.3 404.6
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (12) (1) (8) (4) 0 (14) (48) (12) (7) (6) (1) 0 (6) (6) (3) (14.1) (13) (7) (6) (3.6) (2) (1.3) (0.8) (0.2) (3.9) (1.1) (4) (4.3) (2.7) (4.7) (5.7) (2.2) (13.2) (158.7) (11.3) 0 (35.5) (9.8) (88.4)
Free Cash Flow 968 315 1,252 399 589 333 1,270 255 849 833 1,276 442 890 1,033 1,076 510 1,260 870 1,853 962 1,366 1,357 2,000 1,187 1,414 1,192 1,906 813 1,544 1,355 1,852 1,569 1,238 1,532 1,431 1,408 1,757 1,867 1,266 1,523 1,331 1,108 1,182 1,174 1,029 1,220 762 1,017 614 975 591 983 569 870 673 776 90 658 978 687 908 664 877 560 692 641.3 710 484 615 637.3 714.9 624.2 614.3 708.0 718.4 614.2 647 778.3 777.9 712.6 657.9 650.1 637.5 381.9 514.4 480.9 520.4 415.5 316.2