Assured Guaranty Ltd. logo AGO - Assured Guaranty Ltd.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $80.00 DETAILS
HIGH: $80.00
LOW: $80.00
MEDIAN: $80.00
CONSENSUS: $80.00
DOWNSIDE: 3.03%
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
Revenue
Revenue 261 213 199 278 325 152 252 194 226 282 154 357 230 305 22 77 280 184 191 167 156 377 250 341 117 295 202 233 190 211 279 218 289 276 620 296 459 443 318 392 227 737 366 476 376 898 475 328 38 556 630 322 (246) 193 304 587 (321) 78.9 1,444 116.3 278.9 46.9 347.5 424.8 664.0 570.5 283.8 (169.5) 243.1 (179.9) 29.8 842.7 (139.4) (308.4) (134.3) 65.6 76.1 89.7 78.9 80.2 73.3 77.7 79.5 60.9 76.4 99.5 90.8 37.5 120.1 183.7 118.0 121.5 89.0
Cost of Revenue 24 18 (24) 33 45 34 (46) 1 5 6 104 58 7 48 (71) (8) 61 (162) (65) (12) 33 78 77 41 23 23 33 3 52 25 20 48 (13) 40 228 76 63 117 (5) 107 94 111 117 194 22 85 (40) 60 46 89 59 63 (45) 64 90 123 247 194.3 219 129.7 37.3 (1,144.7) 162.9 133.3 173.4 (268.5) 251.9 88.8 113.7 0 104.2 50.0 67.0 9.1 12.4 39.5 14.9 12.3 12.2 17.8 11.2 10.6 13.8 70.8 19.6 14.9 18.4 68.4 36.8 68.5 50.8 55.2 35.0
Gross Profit 237 195 223 245 280 118 298 193 221 276 50 299 223 257 93 85 219 346 256 179 123 299 173 300 94 272 169 230 138 186 259 170 302 236 392 220 396 326 323 285 133 626 249 282 354 813 515 268 (8) 467 571 259 (201) 129 214 464 (568) (115.4) 1,225 (13.4) 241.6 1,191.6 184.6 291.5 490.6 839.0 31.9 (258.3) 129.3 (179.9) (74.3) 792.8 (206.5) (317.5) (146.7) 26.2 61.2 77.4 66.7 62.3 62.1 67.1 65.7 (9.9) 56.8 84.6 72.4 (31.0) 83.3 115.2 67.2 66.3 54.0
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
SG&A Expenses 108 0 50 50 60 49 47 48 58 52 47 70 82 69 57 59 73 57 59 54 60 61 57 46 64 0 38 39 41 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.5 0.2 2.1 0.3 0.6 (1.4) 1.0 1.2 0 1.1 (0.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Expenses 95 30 38 62 (9) 39 31 51 19 22 (199) 85 21 89 58 48 53 (43) 192 0 48 64 37 32 92 134 45 9 39 85 84 83 85 80 79 70 24 55 (157) 84 68 42 77 (127) 88 57 27 50 (77) (22) 35 (70) 11 34 35 (90) 128 31.3 170 77.9 28.4 696.6 32.9 34.5 37.3 0 59.8 21.0 29.0 83.1 26.6 27.2 35.2 50.1 26.3 (11.3) 20.9 26.4 22.1 8.3 21.7 25.1 19.5 (94.5) (0.0) 22.4 18.4 (86.0) 21.2 13.4 15.5 11.7 16.0
Operating Expenses 203 30 88 112 51 88 78 99 77 74 (152) 155 103 158 115 107 126 14 251 54 108 125 94 78 156 134 83 48 80 85 84 83 85 80 79 70 24 55 (157) 84 68 42 77 (127) 88 57 27 50 (77) (22) 35 (70) 11 34 35 (90) 128 31.3 170 77.9 28.4 696.6 32.9 34.5 37.3 2.5 60.0 23.0 29.2 83.5 25.2 28.2 36.4 50.1 27.5 (12.2) 20.9 26.4 22.1 8.3 21.7 25.1 19.5 (94.5) (0.0) 22.4 18.4 (86.0) 21.2 13.4 15.5 11.7 16.0
Operating Income
Operating Income 34 165 135 133 229 30 220 94 144 202 202 144 120 99 (22) (22) 93 332 5 125 15 174 79 222 (62) 138 86 182 58 101 175 87 217 156 313 150 372 271 480 201 65 584 172 409 266 756 488 218 69 489 536 329 (212) 95 179 554 (696) (146.7) 1,055 (91.4) 213.2 493.2 151.7 257.0 453.3 (70.1) (28.1) (281.3) 100.1 (26) (99.5) 764.5 (242.8) (367.6) (174.1) 38.3 40.3 51.0 44.5 54.0 40.5 42.0 46.3 84.6 56.8 62.2 53.9 55.0 62.2 101.9 51.7 54.7 38.0
Interest Expense 22 22 22 23 22 23 22 23 23 23 24 22 21 21 20 20 20 20 23 23 21 21 21 21 22 22 22 22 23 23 23 24 24 24 24 25 24 25 26 25 26 25 25 26 25 25 27 20 20 19 21 21 21 21 21 25 25 24.7 25 24.7 24.8 24.8 24.9 24.8 25.1 25.3 25.2 6.5 5.8 5.8 5.8 5.8 5.8 5.8 5.9 5.8 6.0 3.7 3.4 3.4 3.4 3.4 3.4 3.4 3.3 3.4 3.4 2.5 1.4 1.4 1.4 1.4 1.4
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70 71 0 0 0 0 0 90 112 100 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 34 187 157 156 251 53 242 117 167 225 226 166 143 123 (2) 1 113 355 31 148 36 195 100 243 (40) 160 108 204 81 124 198 111 241 180 337 175 396 296 506 226 91 609 197 435 291 781 515 238 89 508 557 350 (191) 120 200 579 (671) 18,134.0 1,080 (66.7) 237.9 46,090.2 176.5 281.8 18,158.4 363.4 (2.9) (274.8) 105.9 2,091.8 (93.7) 770.4 (235.8) (361.4) (167.4) 45.3 46.6 56.4 49.3 58.8 45.4 47.2 51.4 89.8 61.7 67.9 59.0 59.6 66.4 103.3 53.1 56.1 39.4
EBIT 34 187 157 156 251 53 242 117 167 225 226 166 141 120 (2) (2) 113 352 28 148 36 195 100 243 (40) 160 108 204 81 124 198 111 241 180 337 175 396 296 506 226 91 609 197 435 291 781 515 238 89 508 557 350 (191) 116 200 579 (671) (122.0) 1,080 (66.7) 237.9 (247.8) 176.5 281.8 478.4 367.5 (2.9) (274.8) 105.9 (304.0) (93.7) 770.4 (237.0) (361.7) (168.3) 44.2 46.4 54.6 47.9 57.4 43.8 45.4 49.7 88.0 60.1 65.6 57.3 57.6 63.6 103.3 53.1 56.1 39.4
Income Before Tax 65 165 135 133 229 30 220 94 144 202 202 144 120 99 (22) (22) 93 332 5 125 15 174 79 222 (62) 138 86 182 58 101 175 87 217 156 313 150 372 271 480 201 65 584 172 409 266 756 488 218 69 489 536 329 (212) 95 179 554 (696) (146.7) 1,055 (91.4) 213.2 (272.6) 151.7 257.0 453.3 342.2 (28.1) (281.3) 100.1 (309.8) (99.5) 764.5 (242.8) (367.6) (174.1) 38.3 40.3 51.0 44.5 54.0 40.5 42.0 46.3 84.6 56.8 62.2 53.9 55.0 62.2 101.9 51.7 54.7 38.0
Income Tax Expense (20) 27 21 27 44 8 44 13 31 (177) 43 18 23 17 (27) 3 18 50 (15) 23 0 25 (10) 34 (4) 2 17 40 4 13 14 12 20 104 105 (3) 55 74 1 55 6 155 43 112 65 224 133 59 27 140 152 110 (68) 21 37 177 (213) (63.1) 294 (48.3) 73.9 (115.1) (12.9) 77.8 119.8 121.4 12.2 (111.3) 14.6 (66.1) (36.2) 219.3 (73.6) (107.5) (59.2) 5.5 1.4 8.5 6.6 9.5 5.6 3.8 7.1 17.8 12.4 13.9 9.4 11.9 15.3 4.6 8.9 12.0 6.2
Net Income 88 119 105 103 176 18 171 78 109 376 157 125 81 94 11 (47) 66 263 17 98 11 148 86 183 (55) 137 69 142 54 88 161 75 197 52 208 153 317 197 479 146 59 429 129 297 201 532 355 159 42 349 384 219 (144) 74 142 377 (483) (83.6) 761 (43.1) 139.3 (157.5) 164.6 179.1 333.5 216.7 (35.0) (170.0) 85.5 (243.8) (63.3) 545.2 (169.2) (260.1) (115.0) 32.8 39.0 42.4 37.9 44.5 34.9 38.2 39.2 66.8 44.3 48.3 44.5 43.1 46.9 97.2 42.8 42.7 31.8
Per Share Data
EPS (Basic) 1.91 2.43 2.13 2.10 3.49 0.36 3.23 1.44 1.94 6.60 2.65 2.11 1.37 1.56 0.08 -0.39 1.00 3.90 0.22 1.31 0.14 1.93 1.03 2.11 -0.59 1.47 0.71 1.40 0.52 0.84 1.48 0.67 1.71 0.44 1.75 1.26 2.53 1.51 3.63 1.09 0.43 3.05 0.88 1.97 1.29 3.30 2.10 0.89 0.23 1.92 2.10 1.17 -0.74 0.38 0.73 2.02 -2.65 -0.46 4.15 -0.31 0.76 -0.86 0.89 0.97 1.81 1.12 -0.38 -1.83 0.94 -2.68 -0.74 6.01 -2.11 -3.24 -1.70 0.48 0.58 0.63 0.52 0.60 0.47 0.51 0.53 0.90 0.60 0.65 0.59 0.57 0.63 1.31 0.57 0.57 0.42
EPS (Diluted) 1.91 2.41 2.11 2.08 3.44 0.35 3.17 1.42 1.89 6.45 2.60 2.08 1.34 1.52 0.08 -0.39 0.98 3.74 0.22 1.29 0.14 1.91 1.02 2.10 -0.59 1.42 0.70 1.39 0.52 0.83 1.47 0.67 1.68 0.44 1.72 1.24 2.49 1.49 3.60 1.09 0.43 3.03 0.88 1.96 1.28 3.28 2.09 0.89 0.23 1.90 2.09 1.16 -0.74 0.38 0.73 2.01 -2.65 -0.46 4.13 -0.31 0.74 -0.84 0.88 0.95 1.75 1.08 -0.38 -1.83 0.93 -2.67 -0.73 5.96 -2.11 -3.24 -1.70 0.47 0.57 0.62 0.51 0.60 0.47 0.51 0.53 0.90 0.59 0.64 0.59 0.57 0.63 1.31 0.57 0.57 0.42
Shares Outstanding 45.4 48.9 48.9 48.9 49.6 50.5 52.4 54.1 55.6 57 58.5 59.2 59.1 59.8 61.7 63.5 66.3 67.5 72.7 75.2 76.7 76.7 83.2 86.5 92.6 93.3 98.2 101.2 103 105.2 108 111.7 115.2 117.1 118.7 121.3 125.3 130 131.9 134 136.2 140.5 145.8 150.6 155.8 161.3 168.8 178.4 182.1 182 182.9 187.8 193.8 194 194 186.3 182.4 182.4 183.2 184.2 183.9 183.9 183.7 184.1 184.3 184.3 91.9 93.1 90.8 90.8 85.0 89.9 80.0 80.2 67.8 67.8 67.2 67.2 72.9 74.2 74.2 73.5 73.9 74.2 73.9 73.9 75.4 75.6 74.4 74.4 75.1 74.9 75.6
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
Current Assets
Cash & Cash Equivalents 312 388 157 301 177 121 147 92 115 97 108 114 118 107 131 138 119 120 101 144 95 162 223 293 139 169 229 190 123 104 82 185 114 144 72 200 147 118 98 190 112 166 66 75 885 75 82 106 219 184 106 143 125 138 133 175.3 182.0 214.5 173.3 159.2 95.9 107.2 87.4 97.2 90.5 44.1 260.5 8.5 19.3 12.3 7.9 10.1 8.4 8.0 25.2 23.7 5.7 4.8 15.7 29.2 3.7 6.2 7.1 4.7 21.7 17.0 13.4 28.6 36.3 32.4
Short-Term Investments 2,025 2,046 2,472 1,987 2,251 2,344 2,681 2,635 2,530 7,968 2,183 2,486 2,164 7,929 2,052 8,259 8,741 9,427 9,357 9,906 9,388 9,624 9,414 9,451 9,501 10,122 10,419 10,733 10,716 10,818 10,930 11,136 11,048 11,301 11,495 11,183 11,168 10,823 11,280 10,545 11,047 11,023 11,162 11,416 10,182 11,258 11,322 11,509 10,814 10,615 10,634 10,507 10,714 10,873 564 919.8 903.4 734.0 873.3 1,070.4 768.5 1,031.6 907.7 1,391.2 1,421.4 1,668.3 1,492.9 1,171.0 616.8 477.2 370.1 537.5 493.0 552.9 152.2 63.2 96.7 134.1 169.4 170.7 135.0 115.8 62.8 121.1 63.5 175.8 164.3 178.9 154.4 137.5
Net Receivables 1,980 2,021 2,036 2,013 1,957 1,947 1,925 1,765 1,745 1,766 1,658 1,683 1,604 1,555 1,563 1,737 1,864 2,173 2,526 2,359 2,336 2,363 2,282 2,089 2,053 2,033 844 866 897 904 916 932 944 915 994 916 876 576 608 623 673 693 676 714 700 729 801 1,181 1,141 1,086 1,240 1,306 1,555 1,519 0 1,027.3 1,069.0 1,079,282 1,190.8 1,247.4 1,277.6 1,167,587 1,322,486 1,311,254 1,371,582 1,418,232 1,504.0 779.2 748.4 15.7 19.3 25.8 32.2 27.8 50.0 0 0 0 6.9 7.6 3.1 0 140.6 204.5 161.1 0 40.0 33.2 35.1 301.1
Inventory 0 0 0 0 0 0 0 0 (7,656) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (2,735) (412) (2,928) 4,831 (9,831) (3,949) (4,283) (3,886) (9,591) (3,746) (10,134) (10,724) (11,720) (11,984) (12,409) (11,819) (12,149) (11,919) (11,833) (11,693) (12,324) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 4,317 4,455 4,665 4,301 4,385 1,677 1,660 1,564 1,565 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10,350 10,630 11,009 1,737 11,190 11,342 11,355 1,686 11,612 11,621 11,502 1,284 11,458 10,773 11,373 1,255 11,382 11,371 11,418 1,571 11,368 12,796 12,174 11,885 11,980 10,622 11,066 12,531 1,719 11,410,116 11,455,930 11,435,676 11,455,275 1,406.7 1,373.5 10,678,263 11,185,721 10,522,269 10,519,284 10,602,265 3,257,418 1,205,828 636,162 510,929 397.2 547,595 501,370 560,986 177,376 86.9 102.4 138.8 191.9 207.6 141.8 122.0 69,879 125,854 85,251 192.8 177,690 207,499 190,609 471.0
Non-Current Assets
Property, Plant & Equipment 0 0 0 121 119 101 0 378 377 366 330 5,055 5,118 5,493 5,336 5,456 5,700 5,271 4,371 3,547 2,956 1,913 1,539 1,669 645 572 65 66 67 0 0 0 0 0 (105) (107) (106) 0 (108) (110) (113) 0 (118) (119) (120) 0 (120) 0 0 12,368 0 (125) (116) 12,724 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Goodwill 0 0 0 0 0 0 0 0 6,330 0 0 0 0 117 0 0 0 117 0 0 0 117 0 0 0 117 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 85.4 0 85.4 0 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 85.4 87.1
Intangible Assets 197 192 190 185 181 176 172 169 164 6 0 0 0 46 0 0 0 58 0 0 0 86 0 0 0 99 107 106 104 129 103 102 100 101 105 107 106 106 108 110 113 114 118 119 120 121 120 122 122 124 125 125 116 116 127 0 0 0 0 0 0 0 0 0 0 0 0 0 85.4 0 85.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 7,082 6,653 6,431 6,793 6,564 1,073 6,321 9,204 377 8,614 8,370 8,892 8,857 8,648 8,586 8,610 9,222 9,687 9,628 10,193 9,669 9,920 9,728 9,769 9,869 10,564 10,888 11,259 11,276 11,387 11,526 11,763 11,699 12,001 12,202 11,940 11,949 11,699 12,157 11,359 12,238 12,284 12,709 13,017 11,681 12,660 12,618 12,793 12,071 13,180 13,149 13,181 13,527 13,561 10,882 11,127.3 11,108.3 10,875.9 10,964.5 10,934.6 10,240.6 10,446.9 10,698.8 10,525.8 10,486.9 10,817.7 9,941 4,584.2 3,793.0 3,682.4 3,530.7 3,705.4 3,308.7 3,139.9 2,614.0 2,485.8 2,488.4 2,465.1 2,379.4 2,239.9 2,249.1 2,249.8 2,255.3 2,197.9 2,146.9 2,140.9 2,113.0 2,032.2 2,220.3 2,189.7
Other Non-Current Assets 1,039 876 815 695 689 8,874 4,138 773 3,099 (8,986) (8,706) (13,953) (13,981) (14,304) (14,088) (14,235) (15,094) (15,133) (14,177) (13,921) (12,809) (12,036) (11,473) (11,647) (10,726) (11,352) (10,888) (11,259) (11,276) 350 (103) (102) (100) 645 (12,202) (11,940) (11,949) 1,062 (12,157) (11,359) (12,238) 891 (12,709) (13,017) (11,681) 573 (12,618) (122) (122) (13,180) (125) (13,181) (13,527) (13,561) (127) (11,127.3) (11,108.3) (10,875.9) (10,964.5) (10,934.6) (10,240.6) (10,446.9) (10,698.8) (10,525.8) (10,486.9) (10,817.7) (9,941) 80,747.4 81,538.6 81,649.2 (3,530.7) 81,626.1 82,022.9 82,191.7 82,717.6 (2,485.8) (2,488.4) (2,465.1) (2,379.4) (2,239.9) (2,249.1) (2,249.8) 83,076.2 83,133.6 83,184.7 (2,140.9) 83,218.6 83,299.4 83,111.3 (2,276.8)
Total Non-Current Assets 8,318 7,721 7,436 7,794 7,553 10,224 10,631 10,524 10,603 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10,888 11,259 11,276 11,866 11,526 11,763 11,699 12,747 135 391 438 12,867 459 235 278 13,289 426 439 218 13,354 474 12,793 12,071 13,180 13,149 850 872 13,561 10,882 815,084 1,031,805 770,943 676,198 1,012 1,004.5 1,259,125 842,123 1,072,260 1,132,059 1,158,205 1,093,608 294,526 202,977 214,535 167.7 117,869 322,892 232,980 125,122 102.9 106.5 85.4 130.3 109.7 110.8 85.4 103,120 103,634 125,245 125.5 106,110 90,630 159,282 2,276.8
Total Assets 12,635 12,176 12,101 12,095 11,938 11,901 12,291 12,088 12,168 12,539 11,944 16,852 16,778 16,843 16,660 16,960 17,845 18,208 17,614 17,226 16,018 15,334 14,695 14,780 13,745 14,326 13,367 13,581 13,551 13,603 13,739 14,132 14,019 14,433 14,649 14,655 14,675 14,151 14,669 14,092 14,452 14,544 15,034 15,479 14,677 14,925 15,369 15,690 15,106 16,287 16,354 16,608 17,299 17,242 17,563 18,074.5 18,504.8 18,091.5 18,405.0 19,238.9 19,509.2 20,471.5 18,371.1 17,588.6 17,388.5 16,593.4 16,202.6 6,495.7 5,588.3 4,555.7 4,442.6 4,527.6 4,062.0 3,800.4 3,137.6 2,972.5 2,953.1 2,935.3 2,844.8 2,735.4 2,678.0 2,676.5 2,766.7 2,771.6 2,709.7 2,694.0 2,716.7 2,637.9 2,749.2 2,857.9
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 1,745 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 61 45 54 52 64 71 56 58 51 61 66 74 107 148 178 165 148 160 188 193 219 185 186.7 204.2 171 173.6 175.9 268.2 274.4 259.3 243.0 185.4 212.1 179.3 33.8 22.7 18.0 9.9 7.6 15.4 3.3 27.3 20.7 13.0 43.2 0 0 0 56.7 65.2 67.3 0 0 0 0 0 0
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 145 0 0 0 144 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132.1 137.6 142.4 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
Deferred Revenue 3,613 3,625 3,663 3,675 3,671 3,719 3,631 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 39.9 0 0 0 26.6 0 0 0 0 0 0 0 0
Other Current Liabilities 601 309 308 315 294 (3,719) 292 0 (39) 0 0 0 0 0 0 0 0 0 0 0 0 (145) 0 0 0 (144) 0 0 0 0 0 0 0 (61) (45) (54) (52) (64) (97) (75) (58) (51) (61) (66) (74) (107) (188) (190) (191) (192) (160) (188) (193) (219) (185) (186.7) (204.2) (171) (173.6) (175.9) (268.2) 92,652.5 (391.4) (380.7) (327.8) (366.5) (179.3) (44.0) 4,543.0 (18.0) (18.9) (18.4) 10,279.3 608.8 4,416.2 (20.7) (19.5) (50.4) (33.0) (31.0) (37.1) (30.1) 12,315.4 28,311.3 (72.9) (86.8) (83.9) (106.1) (56.8) (71.2)
Total Current Liabilities 4,214 3,934 3,971 3,990 3,965 0 3,923 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 61 45 96 63 64 26 19 58 51 61 66 74 5 40 178 165 148 160 188 193 219 185 186.7 204.2 171.0 173.6 175.9 268.2 93,020 391.4 380.7 327.8 186.7 179.3 33.8 4,578 18.0 9.9 7.6 10,305 635 4,448 20.7 6.5 47.1 0 0 0 26.6 12,393 28,407 0 0 0 0 0 0
Non-Current Liabilities
Long-Term Debt 1,705 1,704 1,702 1,701 1,700 1,699 1,698 1,696 1,695 1,694 1,693 1,677 1,676 1,675 1,675 1,674 1,673 1,673 1,671 1,720 1,225 1,079 1,223 1,222 1,221 1,091 1,234 1,233 1,232 1,233 1,249 1,264 1,281 1,292 1,292 1,294 1,307 1,306 1,304 1,303 1,302 1,300 1,306 1,305 1,304 1,297 1,303 1,311 812 816 819 827 832 836 840 846.4 1,034.7 1,038 1,041.7 1,046.4 1,049.7 1,052.9 1,055,876 1,059,260 1,061,896 917,362 1,071.1 516,974 0 347.2 369.1 347.2 0 347.1 0 197.4 197.4 197.4 197.4 197.4 197.4 197.3 197.3 197.3 197.3 197.4 197.3 197.3 75 75
Deferred Tax 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17.5 21.1 39.9 44.9 24.3 25.4 26.6 17.7 18.2 39.8 40.1 20.7 5.2 73.9 55.6
Other Non-Current Liabilities 1,152 749 691 675 616 4,649 4,811 4,797 4,791 (1,694) (1,693) (1,677) (1,676) (1,675) (1,675) (1,674) (1,673) (1,673) (1,671) (1,720) (1,225) (1,079) (1,223) (1,222) (1,221) (1,091) 5,481 5,626 5,650 5,815 5,907 6,234 5,954 6,302 6,479 6,611 6,731 6,341 6,725 6,539 (1,302) (1,300) (1,306) (1,305) (1,304) 7,864 8,712 9,125 (812) 10,312 (819) 0 0 0 (840) (846.4) (1,034.7) (1,038) (1,041.7) (1,046.4) (1,049.7) (1,052.9) (1,055,876) (1,059,260) (1,061,896) (917,362) (1,071.1) (516,974) 0 (347.2) (369.1) (347.2) 0 (347.1) 0 (214.9) (197.4) (197.4) (1,088.0) (1,052.7) (1,004.6) (197.3) (197,337) (197,330) (237.2) (1,166.4) (218.0) (202.5) (148.9) (130.6)
Total Non-Current Liabilities 2,857 2,453 2,393 2,376 2,316 6,348 6,509 6,493 6,486 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6,715 6,859 6,882 7,048 7,156 7,498 7,235 1,292 1,292 7,809 7,975 1,306 8,003 7,823 1,302 1,300 1,306 1,305 1,304 9,162 9,975 1,311 812 816 819 827 832 836 840 846,354 1,034,667 1,038,302 1,041,653 1,046.4 1,049.7 16,015,445 1,055,876 1,059,260 1,061,896 917,362 915,237 516,974 3,558,157 347.2 369.1 347.2 2,559,057 2,133,154 1,528,805 214.9 1,252.3 1,237.5 1,088.0 1,052.7 1,004.6 988.3 1,120,705 1,123,649 1,172.0 1,166.4 1,228.8 1,216.0 1,239.2 1,420.2
Total Liabilities 7,071 6,387 6,364 6,366 6,281 6,348 6,509 6,493 6,486 6,774 6,643 11,397 11,363 11,551 11,486 11,392 11,829 11,708 11,218 10,653 9,525 8,629 8,078 8,271 7,472 7,674 6,715 6,859 6,882 7,048 7,156 7,498 7,235 7,594 7,771 7,905 8,038 7,647 8,029 7,842 8,339 8,481 9,215 9,673 8,891 9,167 10,015 10,448 9,897 11,172 11,520 12,124 12,575 12,248 12,611 13,350.4 14,322.3 13,373.1 13,638.3 15,288.9 15,614.7 16,672.7 14,181.9 13,720.0 13,769.4 13,073.3 13,405.5 4,140.8 3,562.7 2,629.5 2,352.7 2,285.2 2,569.4 2,133.8 1,533.3 1,277.7 1,258.8 1,284.6 1,088.0 1,052.7 1,004.6 1,015.0 1,133.1 1,152.1 1,172.0 1,166.4 1,228.8 1,216.0 1,239.2 1,420.2
Stockholders' Equity
Common Stock 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 2 1.9 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.6 1.3 0.9 0.9 0.9 0.9 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 16.4 16.4
Retained Earnings 5,821 5,830 5,836 5,859 5,903 5,878 5,957 5,929 6,014 6,070 5,815 5,732 5,638 5,577 5,579 5,672 5,878 5,990 5,924 6,056 6,055 6,143 6,143 6,109 6,100 6,295 6,331 6,425 6,406 6,374 6,303 6,159 6,102 5,892 5,913 5,722 5,588 5,289 5,110 4,648 4,519 4,478 4,066 3,955 3,676 3,494 2,979 2,643 2,504 2,482 2,151 1,786 1,586 1,749 1,693 1,568.4 1,208.4 1,774.8 1,866.7 1,149.9 1,215.9 1,098.9 1,264.7 1,092.1 885.3 789.9 580.2 622.4 738.8 638.1 886 953.5 412.4 585.3 848.1 965.8 935.7 896.9 857.1 821.8 779.9 747.7 711.8 674.8 610.3 568.3 522.3 480.0 436.9 390.0
Accumulated Other Comprehensive Income (280) (168) (179) (227) (314) (385) (231) (392) (386) (359) (565) (458) (420) (515) (652) (370) (78) 300 374 445 373 498 404 333 138 342 319 295 261 93 78 152 214 372 326 315 206 149 358 383 319 237 273 239 370 370 333 332 264 160 206 209 447 515 531 429.3 398.4 367.5 327.1 205.6 85.5 110.6 337.5 191.3 140.4 141.8 209 (2.8) 1.8 2.9 (78.9) 8.8 51.6 56.6 34.6 9.0 41.3 41.9 42.8 5.0 22.3 45.8 52.9 77.5 56.7 79.0 80.2 58.0 99.4 81.2
Total Stockholders' Equity 5,542 5,663 5,658 5,633 5,590 5,495 5,728 5,539 5,629 5,713 5,252 5,276 5,220 5,064 4,929 5,304 5,802 6,292 6,300 6,503 6,430 6,643 6,549 6,444 6,240 6,639 6,652 6,722 6,669 6,555 6,583 6,634 6,784 6,839 6,878 6,750 6,637 6,504 6,640 6,250 6,113 6,063 5,819 5,806 5,786 5,758 5,354 5,242 5,209 5,115 4,834 4,484 4,724 4,994 4,952 4,724.1 4,182.5 4,718.4 4,766.7 3,950.0 3,894.5 3,798.8 4,189.2 3,868.6 3,619.0 3,520.5 2,801.6 2,354.9 2,025.6 1,926.2 2,089.9 2,242.4 1,492.7 1,666.6 1,604.4 1,694.8 1,694.3 1,650.8 1,756.9 1,682.8 1,673.4 1,661.5 1,633.6 1,619.5 1,537.7 1,527.6 1,487.9 1,421.9 1,510.1 1,437.6
Total Liabilities & Equity 12,635 12,176 12,101 12,095 11,938 11,901 12,291 12,088 12,168 12,539 11,944 16,852 16,778 16,843 16,660 16,960 17,845 18,208 17,614 17,226 16,018 15,334 14,695 14,780 13,745 14,326 13,367 13,581 13,551 13,603 13,739 14,132 14,019 14,433 14,649 14,655 14,675 14,151 14,669 14,092 14,452 14,544 15,034 15,479 14,677 14,925 15,369 15,690 15,106 16,287 16,354 16,608 17,299 17,242 17,563 18,074.5 18,504.8 18,091.5 18,405.0 19,238.9 19,509.2 20,471.5 18,371.1 17,588.6 17,388.5 16,593.4 16,202.6 6,495.7 5,588.3 4,555.7 4,442.6 4,527.6 4,062.0 3,800.4 3,137.6 2,972.5 2,953.1 2,935.3 2,844.8 2,735.4 2,678.0 2,676.5 2,766.7 2,771.6 2,709.7 2,694.0 2,716.7 2,637.9 2,749.2 2,857.9
Debt Metrics
Total Debt 1,705 1,704 1,702 1,701 1,700 1,699 1,698 1,696 1,695 1,694 1,693 1,677 1,676 1,675 1,675 1,674 1,673 1,673 1,671 1,720 1,225 1,224 1,223 1,222 1,221 1,235 1,234 1,233 1,232 1,233 1,249 1,264 1,281 1,292 1,292 1,294 1,307 1,306 1,304 1,303 1,302 1,300 1,306 1,305 1,304 1,303 1,303 1,311 812 816 819 827 832 836 840 846.4 1,034.7 1,038.3 1,041.7 1,046.4 1,049.7 1,052.9 1,055.9 1,059.3 1,061.9 1,066.4 1,071 517.0 347.2 347.2 369.1 347.2 197.4 197.4 197.4 197.4 197.4 197.4 197.4 197.4 197.4 197.3 197.3 197.3 197.3 197.4 197.3 197.3 75 75
Net Debt 1,393 1,316 1,545 1,400 1,523 1,578 1,551 1,604 1,580 1,597 1,585 1,563 1,558 1,568 1,544 1,536 1,554 1,553 1,570 1,576 1,130 1,062 1,000 929 1,082 1,066 1,005 1,043 1,109 1,129 1,167 1,079 1,167 1,148 1,220 1,094 1,160 1,188 1,206 1,113 1,190 1,134 1,240 1,230 419 1,228 1,221 1,205 593 632 713 684 707 698 707 671.0 852.7 823.8 868.4 887.2 953.8 945.8 968.5 962.0 971.4 1,022.3 810.5 508.5 327.9 334.9 361.2 337.1 189.0 189.4 172.2 173.6 191.7 192.6 181.7 168.2 193.6 191.2 190.3 192.6 175.6 180.4 183.9 168.7 38.7 42.6
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
Operating Activities
Net Income 88 679 0 0 176 0 (187) 78 109 376 157 125 81 124 11 (25) 66 263 17 98 11 148 0 183 0 137 69 142 54 88 161 75 197 52 208 153 317 197 479 146 59 429 129 297 201 532 355 159 42 349 384 219 (144) 74 142 376.5 (483.0) (83.6) 761.2 (57.7) 125.4 (157.5) 180.9 203.5 322.0 220.8 (40.3) (170.0) 85.5 (243.8) (63.3) 545.2 (169.2) (260.1) (115.0) 32.8 39.0 42.4 37.9 44.5 34.9 38.2 39.2 66.8 44.3 48.3 44.5 43.1 46.9 97.2 42.8 42.7 31.8
Depreciation & Amortization 0 0 0 0 0 0 0 0 0 0 0 0 2 3 0 3 0 3 3 0 0 (9) 0 0 0 0 0 0 0 (31) 0 0 0 (46) 0 0 0 (34) 0 0 0 (25) 0 0 0 (16) 0 0 0 (8) 0 0 0 4 0 0 0 18,256 0 0 0 46,338 0 0 17,680 21,997 0 0 (1,819) 2,395.8 0 0 1.2 0.4 0.9 1.2 0.3 1.7 1.4 1.4 1.5 1.8 1.7 1.8 1.7 2.4 1.7 2.0 2.8 0 0 0 0
Stock-Based Compensation 0 6 0 0 (28) 0 0 0 0 36 0 0 0 39 0 0 0 27 0 0 0 25 0 0 0 21 0 0 0 19 0 0 0 16 0 0 0 13 0 0 0 10 0 0 0 10 0 0 0 8 0 0 0 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
Change in Working Capital 0 0 0 0 0 (322) 0 0 0 (331) 0 0 0 (1,881) 0 0 0 (25) 0 0 0 (353) 0 0 0 (924) 0 0 0 (209) 0 0 0 5 0 0 0 12 0 0 0 318 0 0 0 192 0 0 0 28 0 0 0 48 0 0 0 0 0 0 0 499.6 0 0 (499.6) (164.1) (80.6) (7.8) 110.3 13.4 2.7 31.9 259.2 41.6 58.2 41.7 (6.4) 38.3 63.6 73.8 (32.4) (7.2) 39.9 (65.1) 9.6 173.4 (29.9) (126.6) 77.8 99.4 (30.7) 36.9 (0.8)
Other Non-Cash Items 102 (646) 55 78 (61) 368 204 (20) (183) 122 (178) 124 229 1,126 (54) (880) (892) (413) (860) (483) (466) 0 (219) (464) (164) 622 (236) (8) (386) (21) (253) 342 (170) (177) (52) (57) (215) (133) (622) (103) (149) (717) (273) (215) (178) (633) (230) (38) 59 (420) (360) (83) 130 15 (527.1) (289.7) 558.3 (403,843.8) (774.6) 830.3 (283.6) 244.0 (71.3) (216.5) (221.1) (61.5) 266.6 315.0 (47.1) 297.8 122.3 (606.9) 140.4 528.3 212.7 (19.3) (0.7) 1.9 (23.6) (55.5) 12.0 (34.8) 5.9 33.6 (4.4) (215.8) 15.5 (53.0) (120.8) (181.5) 18.4 47.8 (16.8)
Operating Cash Flow 190 39 55 78 87 46 17 58 (74) 203 (178) 124 312 (631) (54) (902) (892) (145) (843) (483) (466) (189) (219) (281) (164) (144) (167) 134 (332) 110 (92) 417 27 79 156 96 102 49 (143) 43 (90) (13) (144) 82 23 230 125 121 101 98 24 136 (14) 58 (385.1) 86.9 75.3 74.6 (13.4) 772.6 (158.2) 244.0 109.6 (13.0) (236.6) (14.4) 90.8 35.8 167.0 57.1 38.6 182.3 149.0 198.5 95.8 61.5 30.0 80.0 90.2 71.0 20.4 10.6 94.6 13.4 57.2 39.8 28.8 (125.6) 12.4 15.0 32.8 129.9 22.4
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 0 800 0 0 0 0 0 0 0 0 0 0 0 91.1 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 0
Acquisitions (145) 0 0 0 0 (51) 0 0 0 0 (122) 6 (10) (24) (2) 0 (5) 0 52 6 13 0 21 0 (10) 0 0 0 0 0 0 0 0 0 0 0 95 0 (435) 0 0 (800) 0 (800) 0 0 0 0 0 0 0 0 0 (91.1) 0.1 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
Purchases of Investments (313) (1,011) (502) (471) (359) (386) 909 (360) (377) (316) 51 (456) (697) (138) (113) (123) (85) (621) 30 (659) (396) 0 (364) (396) (334) 0 (207) (798) (303) (639) (386) (656) (527) (697) (712) (626) (517) (618) (328) (341) (359) (733) (672) (724) (448) (770) (623) (891) (517) (410) (450) (603) (510) (327) (290.3) (506.4) (525.3) (520.1) (399.6) (876.7) (511.7) (532.9) (762.4) (748.3) (418.0) (1,162.3) (1.0) (1,092.7) (428.8) (75.1) (356.5) (514.3) (326.2) (671.1) (188.4) (310.1) (281.3) (188.4) (205.3) (209.7) (279.8) (157.4) (285.4) (196.8) (317.2) (292.6) (165.9) (172.3) (182.7) (157.9) (202.8) (324.8) (217.4)
Sales/Maturities of Investments 434 1,178 481 686 492 672 500 442 625 406 312 415 607 765 155 306 923 556 327 260 495 0 504 767 695 0 582 854 742 718 529 491 634 779 557 660 600 719 434 921 463 797 931 758 1,416 689 756 354 487 413 421 524 554 323 682.8 597.4 442.8 556.7 520.8 265.6 747.3 370.0 779.2 846.9 699.1 398.1 634.1 427.2 277.8 28.5 338.0 72.1 183.8 159.6 (35.9) 124.9 537.9 223.6 193.8 187.2 260.0 151.0 195.9 174.6 281.8 264.3 124.7 227.3 179.8 152.8 175.9 227.3 198.0
Other Investing Activities (36) 196 (52) 2 1 1 (1,205) 5 5 103 70 1 6 9 30 25 17 (146) 16 12 13 (118) 12 16 38 99 64 83 53 24 65 25 19 31 26 116 33 42 485 25 68 296 76 (736) 33 64 17 33 305 108 127 314 193 145 136.0 75.7 189.2 166.8 179.5 265.9 166.7 104.4 113.7 160.1 65.6 1.3 (456.5) 5.5 (11,459) (728,150) (17.8) 17.8 (204,562) (243,277) 135.5 145.8 (281.3) (122.8) (87.0) 0 (0.6) (213.6) 0 0 (147,680) 22.3 0 46.8 (7.0) 3.7 0 0 0
Investing Cash Flow (60) 363 (73) 217 134 236 204 87 253 103 311 (34) (94) 612 70 208 850 (146) 425 (381) 125 (118) 173 387 389 99 439 139 492 103 208 (140) 126 113 (129) 150 211 143 156 605 172 360 335 (702) 1,001 (17) 150 (504) 275 111 98 235 237 141 528.5 166.7 106.7 203.4 300.8 (345.2) 402.3 (58.5) 130.5 258.7 346.6 (762.9) 176.7 (659.9) (151.1) (46.6) (36.2) (424.4) (142.4) (511.5) (88.8) (39.4) (24.7) (87.6) (98.5) (22.5) (19.8) (6.5) (89.5) (22.2) (35.4) (28.4) (41.2) 101.7 (9.9) (1.4) (26.9) (97.5) (19.5)
Financing Activities
Net Debt Issuance (3) 0 0 0 (4) (218) (5) (4) (148) (8) 15 11 (182) 64 121 835 213 577 510 927 493 340 46 344 (21) (325) 0 (1) (3) (28) (49) (5) (19) (1) (23) (5) (1) (44) (1) (1) 0 (1) (1) (1) (1) (1) (12) 495 (6) (107) (9) (7) (6) (5) (8) (191) (5) (5.2) (6.7) (5.2) (5.1) (4.8) (5.2) (4.5) (6.4) (6.5) (8.3) 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
Stock Repurchased (75) (131) (118) (131) (120) (90) (131) (152) (129) (113) (64) (24) (2) (100) (97) (151) (152) (191) (140) (88) (77) (126) (40) (164) (116) (160) (150) (110) (80) (120) (117) (151) (112) (70) (81) (135) (228) (116) (55) (60) (77) (135) (135) (133) (152) (152) (226) (177) (35) (5) (15) (205) (39) (24.3) 0.3 0 0 (23,287.7) (23) 0 0 (10,446.5) 0 (10.5) 0 0 0 0 (3.7) 0 0 0 (0.4) (9,345.3) (3.2) (0.5) (1.4) (150.5) (3.3) (17.2) 0 0 0 (4.3) (14.7) (6.0) 0 0 0 0 0 0 0
Dividends Paid (19) (15) (17) (17) (19) (16) (16) (17) (19) (16) (16) (17) (18) (15) (16) (16) (17) (15) (16) (17) (18) (16) (16) (17) (20) (18) (17) (19) (20) (16) (18) (19) (18) (17) (17) (17) (19) (17) (17) (17) (18) (17) (18) (18) (19) (18) (18) (20) (20) (18) (19) (19) (19) (18) (18.1) (16.5) (16.4) (8.2) (8.3) (8.3) (8.3) (8.3) (8.3) (8.3) (8.3) (7.1) (7.1) (4.1) (4.1) (4.1) (4.1) (4.1) (3.6) (2.8) (2.8) (2.8) (2.8) (2.6) (2.6) (2.6) (2.6) (2.2) (2.2) (2.2) (2.3) (2.3) (2.3) 0 0 (3.2) (3.5) (26.2) (2)
Other Financing Activities (117) (3) (5) (9) (27) (218) (7) (4) (31) (12) (135) (7) (94) 8 (12) 1 (54) 23 9 (8) (9) (3) (11) (17) (23) 497 (83) (71) (39) (25) (38) (28) (45) (33) (36) (37) (46) 6 (31) (489) (41) (92) (44) (40) (40) (46) (38) (29) (281) (1) (120) (121) (169) (171) (164.9) (194.9) (195.6) (221.8) (245.2) (352.0) (243.9) (153.3) (238.0) (212.9) (48.7) (167.8) (168.0) 168.1 (0.9) (0.4) 0.2 (1.1) (2.7) (0.0) 0.2 (1.2) (1.8) 149.5 0.7 (3.9) (0.4) (3.1) 0.1 (1.3) 0 (5.9) 0 16.6 0 0 0 0 0
Financing Cash Flow (214) (149) (140) (157) (170) (324) (159) (173) (327) (137) (200) (37) (296) (43) (4) 669 (10) 394 363 814 389 195 (21) 146 (180) (6) (235) (201) (142) (189) (222) (203) (181) (121) (157) (194) (294) (171) (104) (567) (136) (245) (198) (192) (212) (217) (295) 269 (342) (131) (162) (352) (233) (194) (190.9) (253.9) (217.2) (235.2) (274.9) (365.5) (257.3) (166.4) (251.5) (236.1) (63.4) 560.4 (15.6) 612.6 (8.7) (4.1) (4.0) 243.7 (6.3) 296.3 (5.8) (4.5) (4.5) (3.1) (5.2) (23.7) (3.1) (5.0) (2.1) (7.8) (17.0) (8.2) (2.3) 16.6 0 (3.2) (3.5) (26.2) (2)
Cash Position
Net Change in Cash (77) 228 (161) 143 55 (46) 65 (23) 18 171 (69) 54 (77) (64) 8 (26) (53) 102 (56) (50) 48 (108) (67) 154 38 (46) 35 71 19 22 (107) 72 (27) 72 (129) 53 21 20 (92) 78 (54) 100 (9) (810) 810 (7) (24) (113) 35 78 (37) 18 (13) 5 (42.3) (6.7) (32.5) 41.3 14.1 63.3 (11.3) 19.8 (9.8) 6.7 46.3 (216.4) 252.0 (10.8) 7.0 4.4 (2.3) 1.7 0.3 (17.2) 1.5 18.0 0.9 (10.9) (13.5) 25.5 (2.4) (0.9) 2.3 (17.0) 4.7 3.6 (15.2) (7.7) 3.9 12.1 2.5 5.5 2.9
Cash at Beginning 389 160 325 182 126 174 109 115 97 115 184 130 207 271 263 289 342 240 296 346 298 406 473 139 183 229 194 123 104 82 189 117 144 72 201 148 127 98 190 112 166 66 75 885 75 82 106 219 184 106 143 125 138 133 175.3 182.0 214.5 173.3 159.2 95.9 107.2 87.4 97.2 90.5 44.1 260.5 8.5 19.3 12.3 7.9 10.1 8.4 8.0 25.2 23.7 5.7 4.8 15.7 29.2 3.7 6.2 7.1 4.7 21.7 17.0 13.4 28.6 36.3 32.4 20.3 17.8 12.3 9.4
Cash at End 312 388 164 325 181 128 174 92 115 286 115 184 130 207 271 263 289 342 240 296 346 298 406 293 221 183 229 194 123 104 82 189 117 144 72 201 148 118 98 190 112 166 66 75 885 75 82 106 219 184 106 143 125 138 133 175.3 182.0 214.5 173.3 159.2 95.9 107.2 87.4 97.2 90.5 44.1 260.5 8.5 19.3 12.3 7.9 10.1 8.4 8.0 25.2 23.7 5.7 4.8 15.7 29.2 3.7 6.2 7.1 4.7 21.7 17.0 13.4 28.6 36.3 32.4 20.3 17.8 12.3
Free Cash Flow 190 39 55 78 87 46 17 58 (74) 203 (178) 124 312 (631) (54) (902) (892) (145) (843) (483) (466) (189) (219) (281) (164) (144) (167) 134 (332) 110 (92) 417 27 79 156 96 102 49 (143) 43 (90) 787 (144) 82 23 230 125 121 101 98 24 136 (14) 149.1 (385.1) 86.9 75.3 74.6 (13.4) 772.6 (158.2) 244.0 109.6 (13.0) (236.6) (14.4) 90.8 35.8 167.0 57.1 38.6 182.3 149.0 198.5 95.8 61.5 30.0 80.0 90.2 71.0 20.4 10.6 94.6 13.4 57.2 39.8 28.8 (125.6) 12.4 15.0 32.8 129.9 22.4
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
Income Statement
Revenue 261 213 199 278 325 152 252 194 226 282 154 357 230 305 22 77 280 184 191 167 156 377 250 341 117 295 202 233 190 211 279 218 289 276 620 296 459 443 318 392 227 737 366 476 376 898 475 328 38 556 630 322 (246) 193 304 587 (321) 78.9 1,444 116.3 278.9 46.9 347.5 424.8 664.0 570.5 283.8 (169.5) 243.1 (179.9) 29.8 842.7 (139.4) (308.4) (134.3) 65.6 76.1 89.7 78.9 80.2 73.3 77.7 79.5 60.9 76.4 99.5 90.8 37.5 120.1 183.7 118.0 121.5 89.0
Gross Profit 237 195 223 245 280 118 298 193 221 276 50 299 223 257 93 85 219 346 256 179 123 299 173 300 94 272 169 230 138 186 259 170 302 236 392 220 396 326 323 285 133 626 249 282 354 813 515 268 (8) 467 571 259 (201) 129 214 464 (568) (115.4) 1,225 (13.4) 241.6 1,191.6 184.6 291.5 490.6 839.0 31.9 (258.3) 129.3 (179.9) (74.3) 792.8 (206.5) (317.5) (146.7) 26.2 61.2 77.4 66.7 62.3 62.1 67.1 65.7 (9.9) 56.8 84.6 72.4 (31.0) 83.3 115.2 67.2 66.3 54.0
Operating Income 34 165 135 133 229 30 220 94 144 202 202 144 120 99 (22) (22) 93 332 5 125 15 174 79 222 (62) 138 86 182 58 101 175 87 217 156 313 150 372 271 480 201 65 584 172 409 266 756 488 218 69 489 536 329 (212) 95 179 554 (696) (146.7) 1,055 (91.4) 213.2 493.2 151.7 257.0 453.3 (70.1) (28.1) (281.3) 100.1 (26) (99.5) 764.5 (242.8) (367.6) (174.1) 38.3 40.3 51.0 44.5 54.0 40.5 42.0 46.3 84.6 56.8 62.2 53.9 55.0 62.2 101.9 51.7 54.7 38.0
Net Income 88 119 105 103 176 18 171 78 109 376 157 125 81 94 11 (47) 66 263 17 98 11 148 86 183 (55) 137 69 142 54 88 161 75 197 52 208 153 317 197 479 146 59 429 129 297 201 532 355 159 42 349 384 219 (144) 74 142 377 (483) (83.6) 761 (43.1) 139.3 (157.5) 164.6 179.1 333.5 216.7 (35.0) (170.0) 85.5 (243.8) (63.3) 545.2 (169.2) (260.1) (115.0) 32.8 39.0 42.4 37.9 44.5 34.9 38.2 39.2 66.8 44.3 48.3 44.5 43.1 46.9 97.2 42.8 42.7 31.8
EPS (Diluted) 1.91 2.41 2.11 2.08 3.44 0.35 3.17 1.42 1.89 6.45 2.60 2.08 1.34 1.52 0.08 -0.39 0.98 3.74 0.22 1.29 0.14 1.91 1.02 2.10 -0.59 1.42 0.70 1.39 0.52 0.83 1.47 0.67 1.68 0.44 1.72 1.24 2.49 1.49 3.60 1.09 0.43 3.03 0.88 1.96 1.28 3.28 2.09 0.89 0.23 1.90 2.09 1.16 -0.74 0.38 0.73 2.01 -2.65 -0.46 4.13 -0.31 0.74 -0.84 0.88 0.95 1.75 1.08 -0.38 -1.83 0.93 -2.67 -0.73 5.96 -2.11 -3.24 -1.70 0.47 0.57 0.62 0.51 0.60 0.47 0.51 0.53 0.90 0.59 0.64 0.59 0.57 0.63 1.31 0.57 0.57 0.42
Balance Sheet
Cash & Equivalents 312 388 157 301 177 121 147 92 115 97 108 114 118 107 131 138 119 120 101 144 95 162 223 293 139 169 229 190 123 104 82 185 114 144 72 200 147 118 98 190 112 166 66 75 885 75 82 106 219 184 106 143 125 138 133 175.3 182.0 214.5 173.3 159.2 95.9 107.2 87.4 97.2 90.5 44.1 260.5 8.5 19.3 12.3 7.9 10.1 8.4 8.0 25.2 23.7 5.7 4.8 15.7 29.2 3.7 6.2 7.1 4.7 21.7 17.0 13.4 28.6 36.3 32.4
Total Assets 12,635 12,176 12,101 12,095 11,938 11,901 12,291 12,088 12,168 12,539 11,944 16,852 16,778 16,843 16,660 16,960 17,845 18,208 17,614 17,226 16,018 15,334 14,695 14,780 13,745 14,326 13,367 13,581 13,551 13,603 13,739 14,132 14,019 14,433 14,649 14,655 14,675 14,151 14,669 14,092 14,452 14,544 15,034 15,479 14,677 14,925 15,369 15,690 15,106 16,287 16,354 16,608 17,299 17,242 17,563 18,074.5 18,504.8 18,091.5 18,405.0 19,238.9 19,509.2 20,471.5 18,371.1 17,588.6 17,388.5 16,593.4 16,202.6 6,495.7 5,588.3 4,555.7 4,442.6 4,527.6 4,062.0 3,800.4 3,137.6 2,972.5 2,953.1 2,935.3 2,844.8 2,735.4 2,678.0 2,676.5 2,766.7 2,771.6 2,709.7 2,694.0 2,716.7 2,637.9 2,749.2 2,857.9
Total Debt 1,705 1,704 1,702 1,701 1,700 1,699 1,698 1,696 1,695 1,694 1,693 1,677 1,676 1,675 1,675 1,674 1,673 1,673 1,671 1,720 1,225 1,224 1,223 1,222 1,221 1,235 1,234 1,233 1,232 1,233 1,249 1,264 1,281 1,292 1,292 1,294 1,307 1,306 1,304 1,303 1,302 1,300 1,306 1,305 1,304 1,303 1,303 1,311 812 816 819 827 832 836 840 846.4 1,034.7 1,038.3 1,041.7 1,046.4 1,049.7 1,052.9 1,055.9 1,059.3 1,061.9 1,066.4 1,071 517.0 347.2 347.2 369.1 347.2 197.4 197.4 197.4 197.4 197.4 197.4 197.4 197.4 197.4 197.3 197.3 197.3 197.3 197.4 197.3 197.3 75 75
Stockholders' Equity 5,542 5,663 5,658 5,633 5,590 5,495 5,728 5,539 5,629 5,713 5,252 5,276 5,220 5,064 4,929 5,304 5,802 6,292 6,300 6,503 6,430 6,643 6,549 6,444 6,240 6,639 6,652 6,722 6,669 6,555 6,583 6,634 6,784 6,839 6,878 6,750 6,637 6,504 6,640 6,250 6,113 6,063 5,819 5,806 5,786 5,758 5,354 5,242 5,209 5,115 4,834 4,484 4,724 4,994 4,952 4,724.1 4,182.5 4,718.4 4,766.7 3,950.0 3,894.5 3,798.8 4,189.2 3,868.6 3,619.0 3,520.5 2,801.6 2,354.9 2,025.6 1,926.2 2,089.9 2,242.4 1,492.7 1,666.6 1,604.4 1,694.8 1,694.3 1,650.8 1,756.9 1,682.8 1,673.4 1,661.5 1,633.6 1,619.5 1,537.7 1,527.6 1,487.9 1,421.9 1,510.1 1,437.6
Cash Flow
Operating Cash Flow 190 39 55 78 87 46 17 58 (74) 203 (178) 124 312 (631) (54) (902) (892) (145) (843) (483) (466) (189) (219) (281) (164) (144) (167) 134 (332) 110 (92) 417 27 79 156 96 102 49 (143) 43 (90) (13) (144) 82 23 230 125 121 101 98 24 136 (14) 58 (385.1) 86.9 75.3 74.6 (13.4) 772.6 (158.2) 244.0 109.6 (13.0) (236.6) (14.4) 90.8 35.8 167.0 57.1 38.6 182.3 149.0 198.5 95.8 61.5 30.0 80.0 90.2 71.0 20.4 10.6 94.6 13.4 57.2 39.8 28.8 (125.6) 12.4 15.0 32.8 129.9 22.4
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 0 800 0 0 0 0 0 0 0 0 0 0 0 91.1 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 0
Free Cash Flow 190 39 55 78 87 46 17 58 (74) 203 (178) 124 312 (631) (54) (902) (892) (145) (843) (483) (466) (189) (219) (281) (164) (144) (167) 134 (332) 110 (92) 417 27 79 156 96 102 49 (143) 43 (90) 787 (144) 82 23 230 125 121 101 98 24 136 (14) 149.1 (385.1) 86.9 75.3 74.6 (13.4) 772.6 (158.2) 244.0 109.6 (13.0) (236.6) (14.4) 90.8 35.8 167.0 57.1 38.6 182.3 149.0 198.5 95.8 61.5 30.0 80.0 90.2 71.0 20.4 10.6 94.6 13.4 57.2 39.8 28.8 (125.6) 12.4 15.0 32.8 129.9 22.4