Arthur J. Gallagher & Co. logo AJG - Arthur J. Gallagher & Co.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 16
HOLD 12
SELL 1
STRONG
SELL
0
| PRICE TARGET: $268.38 DETAILS
HIGH: $334.00
LOW: $211.00
MEDIAN: $272.00
CONSENSUS: $268.38
UPSIDE: 31.08%
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 4,758 3,628 3,365.6 3,220.8 3,727.4 2,716 2,806.8 2,775.4 3,256.7 2,437.8 2,492 2,441.9 2,706.1 2,018.2 2,045.3 2,040.2 2,433.9 1,962.8 2,133.9 1,932.9 2,160.9 1,714 1,845.7 1,583 1,866.7 1,708.4 1,821.9 1,655.9 1,933.5 1,657.4 1,777.9 1,654.3 1,834.8 1,599 1,593.7 1,489.5 1,646.4 1,385 1,482.3 1,427.1 1,300.4 1,334.9 1,454.8 1,371.4 1,231.3 1,245.4 1,286.8 1,179.3 915 890.2 835.8 779.5 674.1 673.2 650.4 649.9 546.8 578.4 562.8 546.1 447.4 459.1 463.2 459.5 482.4 435.1 439.5 453.6 401.1 378.3 428.2 428.9 375.8 370.2 410.7 440.8 375 414.7 421.2 370.6 327.5 376.1 389.9 371.1 346.8 386.9 363.5 368.7 332.9 365.5 299 306.8 248.6 254.0 203.5 216.7 201.6 209.1 181.0 169.2
Cost of Revenue 720 2,209 316.5 1,846.3 1,936.7 1,590.4 1,662.2 1,659.5 1,764.5 1,467 1,462.9 1,448 1,448.7 1,208 1,213.8 1,195.7 1,335.7 1,274.8 1,399.2 1,242.6 1,317.1 1,137.5 1,234.3 1,009.2 1,119.3 1,176.1 1,270.8 1,131.3 1,252.7 1,228.4 1,311.8 1,201.9 1,241.8 1,159.4 1,165.7 1,099.2 1,111.8 988.7 1,076.3 956 926.5 950.2 1,023.8 921.9 884.5 897.9 890.8 800.5 637.3 628.8 559.4 492.1 442 448.2 401.6 393.1 362.1 384 345.9 336.5 295.1 864.1 280.5 275.8 326.2 87.8 83.7 79.1 78.9 118.1 99.9 85.2 87.9 174.6 86 90.1 213.9 91.4 80.9 76.5 73.6 103 75.7 74.1 69.5 72.3 67.6 65.7 64.6 72.2 63.5 86.5 72.0 73.8 59.9 66.0 65.3 60.3 58.0 52.2
Gross Profit 4,038 1,419 3,049.1 1,374.5 1,790.7 1,125.6 1,144.6 1,115.9 1,492.2 970.8 1,029.1 993.9 1,257.4 810.2 831.5 844.5 1,098.2 688 734.7 690.3 843.8 576.5 611.4 573.8 747.4 532.3 551.1 524.6 680.8 429 466.1 452.4 593 439.6 428 390.3 534.6 396.3 406 471.1 373.9 384.7 431 449.5 346.8 347.5 396 378.8 277.7 261.4 276.4 287.4 232.1 225 248.8 256.8 184.7 194.4 216.9 209.6 152.3 (405) 182.7 183.7 156.2 347.3 355.8 374.5 322.2 260.2 328.3 343.7 287.9 195.6 324.7 350.7 161.1 323.3 340.3 294.1 253.9 273.1 314.2 297 277.3 314.6 295.9 303 268.3 293.3 235.5 220.3 176.6 180.2 143.6 150.7 136.3 148.8 122.9 117.0
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 0 0 0 0 0 0 0
SG&A Expenses 0 667 2,633 1,803.4 1,897.7 6,522.3 1,621.9 1,620.1 (3,242) 1,428.2 1,424.5 1,413 1,415.5 4,799.8 1,181.8 1,161.1 1,282 3,927.5 1,000.5 937.1 975.6 3,466.5 873.5 815.6 896.2 3,339.5 838.7 806.3 837.1 3,026.3 765.7 724.7 775.8 2,752.3 680.1 675.7 657.6 2,538.9 626.6 631 622.1 2,428.9 604.9 615.1 575.2 2,167.6 564.6 530 466.3 1,685 412.5 415.5 383.9 0 121.6 123.7 108.3 102.9 110.5 108.2 94 (463.9) 84.8 87.4 262.2 285.6 263.2 270.4 251.3 246.8 253.6 248.9 238.7 211.4 238.8 238.1 77.6 245 220.1 219.3 205.5 310.5 202 189.1 193.2 68.1 178.8 174.4 165.3 215 175.8 157.2 145.3 141.1 111.0 110.9 112.1 103.1 96.8 91.3
Other Expenses 2,820 411 (120.5) (1,053.3) (1,153.9) (5,870.4) (958.2) (982.9) 3,885.4 (787.9) (829.8) (803.7) (873.6) (4,277.6) (714.8) (696.9) (804.9) (3,460.7) (603.6) (538.5) (599.2) (3,102.2) (536.4) (478.2) (466.1) (2,929.6) (451.4) (433.6) (464.1) (2,679.4) (431.8) (397.7) (460.9) (2,429.4) (371) (376.2) (364.3) (2,250.6) (348.1) (337.8) (333.6) (2,113.1) (314.9) (325.7) (295.5) (1,873) (294.4) (291.3) (264.6) (1,487) (234.3) (234.9) (209.7) 166.3 36.5 36.4 30.8 33.9 29.4 27.4 24.5 24.1 22.8 24.6 (159.4) 22.4 21.5 21.6 20.1 21.5 18.2 18.2 15.8 13.1 13.9 15.2 14.7 15.7 14.8 13 12.9 12.1 13.2 14.3 13.8 13.5 12.3 14.3 11.2 11.6 9.4 8.4 8.4 0 5.4 5.7 3.9 0 0 0
Operating Expenses 2,820 1,078 2,512.5 750.1 743.8 651.9 663.7 637.2 643.4 640.3 594.7 609.3 541.9 522.2 467 464.2 477.1 466.8 396.9 398.6 376.4 364.3 337.1 337.4 430.1 409.9 387.3 372.7 373 346.9 333.9 327 314.9 322.9 309.1 299.5 293.3 288.3 278.5 293.2 288.5 315.8 290 289.4 279.7 294.6 270.2 238.7 201.7 198 178.2 180.6 174.2 166.3 158.1 160.1 139.1 136.8 139.9 135.6 118.5 (439.8) 107.6 112 102.8 308 284.7 292 271.4 268.3 271.8 267.1 254.5 224.5 252.7 253.3 92.3 260.7 234.9 232.3 218.4 322.6 215.2 203.4 207 81.6 191.1 188.7 176.5 226.6 185.2 165.6 153.7 141.1 116.4 116.6 116.0 103.1 96.8 91.3
Operating Income
Operating Income 1,218 341 536.6 624.4 1,046.9 473.7 480.9 478.7 848.8 330.5 434.4 384.6 715.5 288 364.5 380.3 621.1 221.2 337.8 291.7 467.4 212.2 274.3 236.4 317.3 122.4 163.8 151.9 307.8 82.1 132.2 125.4 278.1 116.7 118.9 90.8 241.3 108 127.5 177.9 85.4 68.9 141 160.1 67.1 52.9 125.8 140.1 76 63.4 98.2 106.8 57.9 58.7 90.7 96.7 45.6 57.6 77 74 33.8 34.8 75.1 71.7 53.4 39.3 71.1 82.5 50.8 (8.1) 56.5 76.6 33.4 (28.9) 72 97.4 68.8 62.6 105.4 61.8 35.5 (49.5) 99 93.6 70.3 233 104.8 114.3 91.8 66.7 50.3 54.7 22.9 39.1 27.2 34.1 20.3 45.6 26.1 25.7
Interest Expense 158 161 160.8 158.6 158.4 101.9 92.9 94.3 92.2 78.2 72.8 77.8 67.9 64 64.4 64.6 63.9 61.5 60.3 56.2 48.1 47.8 48.1 50 50.5 48.1 46.6 44.9 40.2 36.5 36.7 33.9 31.3 31.2 31.4 31.6 29.9 28.3 28.5 27.2 25.8 25.8 25.6 26 25.6 25.7 25.9 21.2 16.2 13.9 13.1 11.9 11.2 10.9 10.7 10.8 10.6 10.4 10.3 10.6 9.5 8.7 8.6 8.7 8.6 7.4 6.8 7 7.3 0 7.1 7.3 6.5 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
Interest Income 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,540 703 812.9 860.8 1,284.5 660.7 690.9 671.5 1,072.6 185.7 606.1 550.9 833.1 340 524.9 557.2 761.4 321 423 423.7 599.8 315 391.5 344.3 578.9 261.7 280.7 265.4 472.5 189.5 233.2 241.7 372.4 209.9 208.4 181 323.3 186.4 212.3 253.3 165.5 148 213.2 236.8 132.7 125.6 194.2 192.6 123.8 113.5 143.7 152.1 93.9 93 123.5 138.3 73.9 91.7 110.7 103.9 57.5 58.6 101.8 97.2 73.1 60.2 91.4 102.7 70.9 20.3 74.7 94.8 49.2 (14.4) 85.9 114.9 85.7 79.8 121.6 78.7 50.2 (35.9) 113.7 109.3 86.8 249.2 119.6 130.5 105.7 80.3 59.7 63.1 31.3 45.2 32.6 39.7 24.2 51.0 30.0 29.7
EBIT 1,201 341 536.6 630 1,031.1 447.7 480.9 459.9 864.9 (4) 434.4 375.2 673.7 186 379.4 416.9 601.6 174.5 291.7 278.5 456.5 181.5 257.6 221.7 406.5 132.1 161.4 150.4 362 79.7 127 137.5 273.6 113.3 108.3 85.7 229.5 97.1 123.4 164.7 81.5 54.2 131.3 154.5 56.5 52 121.3 133.1 70.9 63.2 98.6 109.3 53.5 56.3 87 101.9 43.1 57.8 81.3 76.5 33 34.5 79 72.6 51.5 37.8 69.9 81.1 50.8 (8.1) 56.5 76.6 33.4 (28.9) 72 97.4 68.8 62.6 105.4 61.8 35.5 (49.5) 99 93.6 70.3 233 104.8 114.3 91.8 66.7 50.3 54.7 22.9 39.1 27.2 34.1 20.3 45.6 26.1 25.7
Income Before Tax 1,043 180 346.9 471.4 872.7 333.2 403.3 365.6 772.7 (82.2) 364.1 297.4 605.8 122 315 352.3 537.7 113 231.4 222.3 408.4 133.7 209.5 171.7 356 84 114.8 105.5 321.8 43.2 90.3 103.6 242.3 82.1 76.9 54.1 199.6 68.8 94.9 137.5 55.7 28.4 105.7 128.5 30.9 26.3 95.4 111.9 54.7 49.3 85.5 97.4 42.3 45.4 76.3 91.1 32.5 47.4 71 65.9 23.5 25.8 70.4 63.9 42.9 30.4 63.1 74.1 43.5 18 49.4 69.3 26.9 56 66.4 90.6 23.8 15.6 60.8 47.7 29 (1.1) 65.6 57.4 (124.7) 61.3 68.5 57.9 48.4 64.8 48.3 54.7 48.5 37.0 28.8 34.1 32.3 45.6 26.1 25.7
Income Tax Expense 220 26 73.3 105.2 163.8 75 89.2 80.2 160 (42.6) 80.9 61.6 119.2 (13.5) 58.7 67.2 98.6 (7.9) (7.2) 20.5 14.7 (19.4) 21.7 9.9 0.6 (21.6) (22.3) (15.9) (29.9) (84.6) (48.1) (20.1) (43.7) (31.1) (41.2) (24.2) (42.4) (32.2) (35.5) (18.2) (2.2) (39.8) (35.2) (19.1) (1.5) (25.2) (5.9) (1.8) (3.1) (10.7) 10.9 3.9 1.8 11.9 14.6 19.4 4.4 6.9 24.3 24.2 8.3 (20.2) 24.2 22 13.7 11 21.5 30.3 15.2 6.3 7.7 27.6 10.6 16.8 14 46.8 2.5 (9) 10.6 11.1 11.9 (8.6) 15.1 13.2 (51.1) 12.2 13.8 11.6 9.6 15.6 12.1 16.4 14.1 3.9 5.6 7.0 6.9 13.6 9.0 8.8
Net Income 822 151 272.7 365.8 704.4 258.3 312.6 283.4 608.4 (32.2) 280.7 234.5 486.5 135.5 255.8 284.2 438.7 109.4 225.1 190.2 382.1 142.2 176.6 153.7 346.3 98.5 126.1 110.1 334.1 117.3 127.6 114.9 273.7 105.1 111 70 228.8 95.1 122.8 150 46.5 62.3 133.3 139.3 21.9 51.5 93.6 109 49.3 60 74.6 93.5 40.5 33.5 61.7 71.7 28.1 40.5 46.7 41.7 15.2 54.7 46.2 44 29.2 16.8 41.6 43.8 26.4 4.7 37.8 40.8 (6) 23.4 51.8 43.8 19.8 24.6 50.2 36.6 17.1 2.5 50.5 51.8 (73.8) 49.1 54.4 46.1 38.9 49.2 36.2 38.3 34.5 33.1 23.2 27.1 25.4 32.1 17.1 16.8
Per Share Data
EPS (Basic) 3.20 0.58 1.06 1.43 2.76 1.14 1.43 1.30 2.80 -0.15 1.30 1.09 2.29 0.64 1.21 1.35 2.10 0.53 1.09 0.94 1.96 0.74 0.92 0.81 1.83 0.53 0.68 0.59 1.81 0.64 0.70 0.63 1.51 0.58 0.72 0.96 0.31 0.53 0.69 0.85 0.26 0.35 0.76 0.82 0.13 0.31 0.58 0.71 0.37 0.45 0.57 0.73 0.32 0.27 0.50 0.59 0.24 0.35 0.41 0.38 0.14 0.50 0.44 0.42 0.28 0.16 0.41 0.44 0.27 0.05 0.40 0.44 -0.07 0.27 0.55 0.45 0.20 0.25 0.52 0.38 0.18 0.03 0.53 0.55 -0.85 0.53 0.59 0.51 0.43 0.54 0.40 0.41 0.39 0.38 0.27 0.32 0.31 0.38 0.21 0.21
EPS (Diluted) 3.16 0.58 1.05 1.40 2.72 1.12 1.39 1.27 2.74 -0.15 1.28 1.07 2.24 0.63 1.19 1.33 2.05 0.51 1.06 0.92 1.92 0.72 0.90 0.79 1.79 0.51 0.66 0.58 1.77 0.63 0.68 0.62 1.48 0.57 0.71 0.95 0.31 0.53 0.69 0.84 0.26 0.35 0.75 0.81 0.13 0.31 0.58 0.70 0.36 0.45 0.57 0.73 0.32 0.27 0.50 0.59 0.24 0.34 0.41 0.37 0.14 0.50 0.44 0.42 0.28 0.16 0.41 0.44 0.27 0.05 0.40 0.44 -0.06 0.27 0.54 0.44 0.20 0.25 0.51 0.37 0.17 0.03 0.52 0.54 -0.85 0.53 0.57 0.49 0.41 0.52 0.39 0.41 0.37 0.36 0.26 0.32 0.29 0.37 0.19 0.20
Shares Outstanding 257.1 260.3 256.6 256.3 254.8 226.4 219.3 218.8 217.5 216.3 215.7 214.9 212.8 211.4 210.7 210.2 209 207.8 207 201.3 194.6 192.9 191.9 190.5 188.7 187.4 186.3 185.8 184.5 183.8 183.3 182.6 182.1 181.0 180.5 179.9 178.9 178.2 177.6 177.4 177.0 176.8 176.0 170.6 165.6 162.7 160.2 154.3 134.2 132.3 129.8 127.3 126.2 124.9 123.1 119.7 116.4 116.4 112.6 110.2 109.3 109.3 105.5 102.7 102.7 102.7 101.4 100.6 98 95.6 94.1 93 92.3 85.7 94.2 97.3 99 98.1 96.5 96.3 95 95 95.3 94.2 86.8 91.1 92.2 90.4 90.5 90.5 90.5 92.3 88.4 86.3 84.6 80.7 80.9 84.0 82.9 78.3
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 1,413 1,396 1,399.3 14,299.5 16,691.8 14,987.3 2,022.4 1,415.3 1,762.6 971.5 1,027.5 952.3 1,549.9 738.4 553.7 523.6 528.6 402.6 2,735.1 3,204.1 526.3 664.6 629.9 349.7 352.8 604.8 578.9 512.3 871.5 607.2 605 652.2 697.9 681.2 564.9 587.8 564 545.5 531.8 411.1 425.4 230 227.1 205.9 226.1 192.5 351.4 258.3 211.5 193.6 149 165 152.5 128.6 124.2 100.9 96.0 99.9 92.7 63.2 65.9 61.1 65.7 46.9 43.9 61.5 61.7 60.2 48 67.2 53.9 57.6 48.2 57 61.3 48 63.4 53.5 70.2 50.3 45.5 39.7 66.8 34.6 37.9 46.8 61.5 44.4 41.8
Short-Term Investments 0 0 12.2 26.6 10.4 6.2 20.1 4.9 3.2 0 0 0 0 0 0 0 0 0 0 0 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 0.2 0.3 32.5 27.5 26.1 31.9 92.4 56 14.6 14.0 0 0 0 0 0 0 0 0 0 0 0 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 5,960 5,175 5,426.3 4,739.2 4,520.2 3,895.9 3,988.8 4,178.3 4,148.7 3,786.6 3,769.3 3,716.3 3,526.5 2,911.1 17,732.4 19,217.3 22,172.4 12,393 8,411.2 8,908.2 8,747.4 6,893.1 7,139.7 7,250.9 7,459.1 5,891.7 6,199.5 6,493.5 6,673.5 5,365.9 5,332.8 5,567.1 6,280.7 4,484.1 2,817.9 2,959.6 2,579.3 2,400.1 2,206.9 2,338.3 1,932.6 916 665.5 693.7 1,034.3 574.9 1,247.8 0 1,225.9 1,286.4 0 1,214 1,183.7 1,098.4 402.8 499.0 354.4 405.2 306.3 386.0 324.1 364.9 295.7 325.6 256.9 288.3 260.7 258.3 191.6 217.6 201.3 217.6 189 237.6 198.7 205.9 168.1 193.7 174.2 193.3 161.7 179.8 152.7 194.5 136.9 152.5 148.2 168.2 133.9
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 34,646 27,785 36,170 38,799.4 32,227.1 25,230.1 31,251.4 37,719.9 35,568.2 27,358 31,140.9 32,177.1 23,701.6 17,892.2 4,809.4 4,359.3 4,189.5 4,193.4 3,353.5 3,251.6 2,900 3,011.7 2,914.5 2,723.1 2,337.7 2,117.4 2,092.7 2,099.2 1,724.4 1,721.2 1,714.4 1,747.5 1,459.7 1,707.1 1,615.6 1,481.1 1,258 1,392.1 1,397.1 1,430.9 1,303.5 677.6 629.3 640.3 720.1 676.8 738.4 618.2 585.8 596 392.5 370 422 449.6 322.2 281.8 257.2 267.0 255.8 225.7 214.6 238.8 224.8 206 199.1 185.5 197.5 200.2 204.6 184.5 191.4 195.8 167.1 170.7 179.5 132.2 131.7 134.5 144.9 139 129.7 131.6 154.4 148.7 160.7 164.4 153.9 148.3 90.7
Total Current Assets 42,019 34,356 43,007.8 57,838.1 53,439.1 44,113.3 37,282.7 43,313.5 41,479.5 32,116.1 35,937.7 36,845.7 28,778 22,285.2 23,796.6 24,744.4 27,519.3 17,670.4 15,138.3 15,939.3 12,667.5 11,124.2 11,200.3 10,760.4 10,527.2 9,117.5 9,328.6 9,547.4 9,669.5 8,118.7 8,084 8,365 8,533.3 5,170.6 5,087.4 5,107.2 4,483.2 4,416.1 4,213.7 4,485.6 3,939.5 1,823.6 1,521.9 1,540 1,980.7 1,444.5 2,370.1 2,343.4 2,049.3 2,107.9 1,952 1,805 1,773.6 1,690.7 849.2 881.8 707.6 777.7 654.8 675.0 604.7 642.8 586.2 578.5 499.9 531 519.9 518.7 444.2 468.8 446.6 471 404.3 463.9 439.5 386.1 363.2 381.7 389.3 382.6 336.9 351.1 373.9 377.8 335.5 363.7 363.6 360.9 266.4
Non-Current Assets
Property, Plant & Equipment 1,347 1,387 1,433.3 1,147.4 1,024.6 1,028.1 1,034.8 1,037.6 1,090.7 1,126.7 1,016 1,017.5 936.4 922.9 909.2 932.8 887.3 859.4 784.8 813.2 819.4 824.6 805.1 823.6 829.1 860.9 843.3 826.4 819 436.9 429.3 427.6 424.2 412.2 413.4 387.6 375.5 377.6 213.9 213.9 218.2 79 79.5 80.7 86.1 85.5 80 272.8 263.1 266.2 184.9 254 251.0 244.8 46.0 43.5 41.0 40.0 40.7 38.8 37.3 36.2 36.7 34.5 33 31.5 27.4 26.9 26.9 27.8 25.9 26 25.7 26 25.7 23.7 23.3 22.6 23.1 21.8 21.1 20 19.3 18.9 18.2 18.2 18.1 17.6 16.1
Goodwill 22,958 22,593 22,213.3 13,740.3 12,714.7 12,270.2 12,193.4 11,915.5 11,532.1 11,475.6 10,469.4 10,513.7 9,703.2 9,489.4 8,837.2 9,036.4 8,727.7 8,666.2 6,627.5 6,630.3 6,510.9 6,127 5,832.2 5,756.4 5,555.2 5,618.5 5,314.8 5,241.9 4,800.9 4,625.6 4,501.3 4,403.9 4,236.3 4,197.9 4,160.4 3,989 3,896.9 3,767.8 3,762.6 3,716.1 3,693.4 780.4 752.3 742.3 700.9 675.5 406.4 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 0 0 0 0
Intangible Assets 10,366 10,684 10,754.4 5,131.6 4,532.2 4,530.1 4,353.2 4,389.4 4,621.7 4,633.3 3,584.6 3,720.4 3,404.1 3,372.1 3,052.4 3,190.9 3,877.6 3,954 2,339 2,447.3 2,478.8 2,399.9 2,195 2,226 2,246.8 2,318.7 2,073.5 2,008.8 1,841.4 1,773 1,772.1 1,731 1,639.6 1,644.6 1,671.2 1,662.6 1,682.1 1,627.3 1,629.9 1,659.8 1,672.9 431 431.1 438.4 460.3 474.5 268.3 269.3 253.4 222.9 155.5 154 135.1 109.1 22.9 22.6 17.2 15.9 14.6 12.7 14.0 10.9 11.1 11.9 12.5 12.5 10.1 9.9 10.2 10.4 10.4 10.6 10.9 11.1 7.2 6.9 7.4 7.6 7.8 7.8 7.8 7.9 8.1 8.2 7.5 7.7 7.8 7.9 7.9
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 40 16.6 60 0 59 34.8 29.5 3.4 20 17.1 55 22.4 25.9 30.4 33.4 45.4 41.3 49.2 54.9 59.5 65.1 69.9 74.5 0 84 89.1 93.3 0 0 0 0 0 0 45.6 17.7 17.6 27.4 128 116.1 0 147.7 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
Other Non-Current Assets 1,568 1,602 1,629.7 1,573.6 1,494.9 1,354.4 1,361.8 1,311.6 1,197 1,131.8 1,045.9 1,092.7 968.6 933.2 875.4 914.3 950.7 963.1 834.8 843.7 795 747.5 706.6 697.3 641 728.2 619.5 620.9 575.8 514.1 519.5 516.8 511.2 567 475.6 472.2 442.9 504.3 630.4 606.6 528 186.4 182.6 132.2 128.9 119.3 110.3 53.6 49.7 166.8 101.9 177 201.5 208.5 198.9 219.0 212.9 228.6 228.0 202.3 192.5 194.2 187.3 183.3 175 171 163.6 150.8 149.3 134.8 109.2 99.2 95.6 89.4 89.1 81 81.9 83.7 74 74.9 73.1 72.1 68.7 67.5 71.8 73.9 68 70.7 118.8
Total Non-Current Assets 36,282 36,309 36,060.1 22,284.5 20,656.6 20,141.9 19,960 19,694.2 19,496.4 19,499.7 17,266.2 17,519.5 16,316.4 16,073.2 14,871.2 15,246 15,642.2 15,674.6 11,777.5 11,877.9 11,747 11,207.2 10,614.6 10,545.8 10,309.3 10,517.3 9,845.2 9,652.9 8,961.9 8,215.3 8,030.7 7,865.5 7,594.2 7,726.8 7,723 7,462.4 7,297.4 7,073.5 6,986.6 6,898.7 6,773.1 1,732.2 1,710.2 1,710.3 1,671.8 1,664.1 1,200.8 874.8 823.7 793.7 692.3 687 690.0 659.9 316.7 333.4 318.8 284.6 283.3 253.8 243.9 241.3 235.1 229.7 220.5 215 201.1 187.6 186.4 173 145.5 135.8 132.2 126.5 122 111.6 112.6 113.9 104.9 104.5 102 100 96.1 94.6 97.5 99.8 93.9 96.2 142.8
Total Assets 78,301 70,665 79,067.9 80,122.6 74,095.7 64,255.2 57,242.7 63,007.7 60,975.9 51,615.8 53,203.9 54,365.2 45,094.4 38,358.4 38,667.8 39,990.4 43,161.5 33,345 26,915.8 27,817.2 24,414.5 22,331.4 21,814.9 21,306.2 20,836.5 19,634.8 19,173.8 19,200.3 18,631.4 16,334 16,114.7 16,230.5 16,127.5 12,897.4 12,810.4 12,569.6 11,780.6 11,489.6 11,200.3 11,384.3 10,712.6 3,555.8 3,232.1 3,250.3 3,652.5 3,108.6 3,570.9 3,218.2 2,873 2,901.6 2,644.3 2,492 2,463.6 2,350.6 1,165.9 1,215.2 1,026.4 1,062.3 938.1 928.8 848.6 884.1 821.3 808.2 720.4 746 721 706.3 630.6 641.8 592.1 606.8 536.5 590.4 561.5 497.7 475.8 495.6 494.2 487.1 438.9 451.1 470 472.4 433 463.5 457.5 457.1 409.2
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 18,698.2 19,273.4 20,381.2 23,175.4 13,845.6 9,161.7 9,716.7 9,205 7,784.6 7,952.9 7,950.5 7,778.7 6,348.5 6,573.9 6,873.8 6,741.4 5,740.2 5,693.6 5,982.7 6,071.3 4,986 3,508.5 3,546.4 3,028.2 2,996.1 2,866.9 3,216.5 2,722.9 0 0 0 0 0 1,826.2 1,930.3 1,694.4 1,743.5 1,647.6 2 108 108.8 106.7 114.3 98.6 109.2 93.2 88.4 93.7 96.8 89 86.6 88.4 92.2 85.8 83.6 89.4 90.7 74.5 74.7 74.5 69.7 66.9 60.2 63.2 57 52 47.2 47.8 44.9 44.1 40.6 45.4 36.4 34.4 31.1 34.6
Short-Term Debt 640 866 1,007.4 797.2 667.8 425.2 459.9 487.8 292.5 959 704 1,111.2 834.8 551.9 685.4 887.2 423.4 473.4 434.1 366.1 151.3 278.6 318 328.6 577.6 790.6 660.1 562.3 494.8 519 389.3 346.1 481 441.1 281.4 468 799.4 703.6 741.1 386.2 451.2 0 35 0 193 222 3.5 38.7 33.9 30.9 34.6 26 47.8 52.6 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 0 0 0
Deferred Revenue 809 0 767.3 627.7 629.3 537.2 680.8 697.1 720.6 644.7 634 656.8 626.2 546.7 525 559.3 577.8 520.9 527.1 530.1 526.6 475.6 465.8 453.3 423.3 434.1 421.2 429 402.1 379.3 396.6 395.2 390.4 74.8 85.4 74 75.3 69 83.7 72.8 70.5 43.7 45.7 41.5 54.6 56.4 34.4 36.6 209.7 219.3 154.4 46 58.1 41.0 0 17.7 17.5 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
Other Current Liabilities 38,080 31,653 38,985.4 41,114.7 35,738.9 28,298.4 34,058.8 40,424.7 38,623.4 29,461 33,135.9 33,820.8 25,634.7 1,541.8 1,972.8 1,677 1,968.2 1,895.1 1,536.9 1,408.4 1,633.1 1,596.2 1,380.5 1,131.6 1,058.2 1,347.8 1,255.7 1,067.4 999.6 1,055.1 943.1 844.6 799.7 (1,462.6) 147.2 132.5 139 139.9 139.6 122.5 119.5 43.3 41.6 51.7 32.3 18.4 12.4 38.7 66.5 67.6 45.3 1,685 1,535.8 1,486.8 656.2 698.9 543.3 580.9 525.6 554.3 486.6 528.9 484.7 491.4 415.7 438.5 431 424.8 348.8 375.3 350 382.6 317.2 375 357.8 316.3 278.4 306.9 313.5 323.8 276.6 296.8 290.9 300.3 250.1 269.2 271.7 278 235.1
Total Current Liabilities 39,529 32,519 40,760.1 42,539.6 37,036 29,260.8 35,199.5 41,609.6 39,636.5 31,064.7 34,473.9 35,588.8 27,095.7 21,338.6 22,456.6 23,504.7 26,144.8 16,735 11,659.8 12,021.3 11,516 10,135 10,117.2 9,864 9,837.8 8,921 8,910.9 8,932.5 8,637.9 7,693.6 7,422.6 7,568.6 7,742.4 4,912.3 4,705.2 4,858 4,784.7 4,611.7 4,398.9 4,383.7 4,022.4 1,689.9 1,420.5 1,474.4 2,070.6 1,580.1 2,180.4 2,276.5 2,004.5 2,061.3 1,881.9 1,759 1,749.6 1,689.2 795.8 854.2 678.4 728.8 618.8 642.7 580.3 625.7 573.7 578 504.1 530.7 516.8 508.4 438.2 466 424.5 457.3 391.7 444.7 424.7 376.5 341.6 363.9 365.5 371 324.4 341.7 335 340.9 295.5 305.6 306.1 309.1 269.7
Non-Current Liabilities
Long-Term Debt 499 12,619 12,100.9 12,097.9 12,419.8 12,731.9 7,791.9 7,790.9 7,989.6 7,006 6,023.6 6,022.9 6,022.1 5,562.8 5,562.2 5,561.5 5,760.9 5,810.2 5,072.4 5,712.2 4,366.3 4,266 4,265.7 4,315.4 4,315.1 3,816.1 3,815.8 3,815.6 3,690.3 3,091.4 3,141.2 3,141 2,792.1 2,691.9 2,741.7 2,644.8 2,144.7 2,144.6 2,044.6 2,344.4 2,071.8 550 550 550 400 400 400 143.4 121.3 122.1 0 128 128.3 129.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.4 23.4 23.4 23.9 24.5 20 20 20
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 10.3 10.6 11.2 13.8 12.6 12.2 12.2 9.3 9.8 10.3 11.4 12 17.6 17.7 17.4
Other Non-Current Liabilities 14,471 (14,026) 1,501.8 1,960 1,893.6 1,687.7 1,650.2 1,606.9 1,602.9 2,316.1 1,813.1 1,919.8 1,744.9 1,903.8 1,655.2 1,686.2 1,814.9 1,871.7 1,371 1,365.1 1,373.6 1,311.1 1,255.7 1,218.1 1,225.9 1,271.6 1,127.1 1,101.7 937.1 900.9 862.1 931.2 933.7 1,128.3 1,191.3 1,156.8 1,123.9 1,077.5 1,015.6 1,000.4 966.1 350.5 344.9 333 342.1 330.3 221.2 101.5 99.2 99.1 189.9 60 57.5 44.4 26.9 27.3 24.9 19.2 18.4 16.2 16.6 15.9 14.3 14.5 12.4 12.8 12.6 12.6 14.6 11.9 12.4 11.7 11.5 11.2 0 0 0 (0.2) 0 0 0.1 0 (0.1) 0 (0.1) 0 (0.1) 0 0
Total Non-Current Liabilities 14,970 0 15,070.9 14,526.7 14,706 14,814.8 9,833.6 9,798.8 9,995.2 9,735.8 8,220 8,336.4 8,140.4 7,829.6 7,582.1 7,623.9 7,973.6 8,049.9 6,785.9 7,441.9 6,119 5,963.7 5,879.5 5,907.7 5,928.6 5,498.3 5,350.9 5,320 5,035.3 4,070.7 4,079.4 4,148.8 3,800.6 3,820.2 3,933 3,801.6 3,268.6 3,222.1 3,060.2 3,344.8 3,037.9 900.5 894.9 883 742.1 730.3 621.2 244.9 220.5 221.2 189.9 188 185.8 173.5 26.9 27.3 24.9 19.2 18.4 16.2 16.6 15.9 14.3 14.5 12.4 12.8 12.6 12.6 14.6 11.9 12.4 11.7 11.5 11.2 10.3 10.6 11.2 13.6 12.6 12.2 12.3 12.7 33.1 33.7 35.2 36.5 37.5 37.7 37.4
Total Liabilities 54,499 47,318 55,831 57,066.3 51,742 44,075.6 45,033.1 51,408.4 49,631.7 40,800.5 42,693.9 43,925.2 35,236.1 29,168.2 30,038.7 31,128.6 34,118.4 24,784.9 18,445.7 19,463.2 17,635 16,098.7 15,996.7 15,771.7 15,766.4 14,419.3 14,261.8 14,252.5 13,673.2 11,764.3 11,502 11,717.4 11,543 8,732.5 8,638.2 8,659.6 8,053.3 7,833.8 7,459.1 7,728.5 7,060.3 2,590.4 2,315.4 2,357.4 2,812.7 2,310.4 2,801.6 2,521.4 2,225 2,282.5 2,071.8 1,947 1,935.4 1,862.8 822.7 881.4 703.3 747.9 637.2 658.9 596.9 641.6 588 592.5 516.5 543.5 529.4 521 452.8 477.9 436.9 469 403.2 455.9 435 387.1 352.8 377.5 378.1 383.2 336.7 354.4 368.1 374.6 330.7 342.1 343.6 346.8 307.1
Stockholders' Equity
Common Stock 257 257 256.8 256.4 256.1 250 219.4 219.1 218.5 216.7 215.9 215.5 214.2 211.9 210.8 210.3 210.1 208.5 207.3 206.8 195.9 193.7 192.3 191.5 189.6 188.1 186.5 186.1 185.3 184 183.7 182.6 182.1 181 180.8 180.2 179.5 178.3 177.9 177 177.1 105.2 103.6 102.5 101.2 100.2 93.9 91.9 90.8 90 90.6 90 88.5 88.0 84.7 84.2 80.7 79.5 39.4 38.2 37.2 36.8 18.4 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
Retained Earnings 6,446 5,806 5,824.7 5,720.7 5,522.9 4,985.7 4,860.6 4,681.2 4,529.3 4,052.9 4,205.7 4,045.1 3,930.2 3,562.2 3,536.2 3,388.7 3,213 2,882.3 2,873.8 2,749.1 2,658.9 2,371.7 2,317.3 2,228.3 2,161.4 1,901.3 1,884.2 1,839.3 1,810.2 1,558.6 1,517.6 1,466 1,426.7 1,095.9 1,062.1 1,002.9 901.8 916.4 889.8 835.2 753.4 456.3 446.2 450.3 457.5 446.2 501 481.8 458.6 442.3 376.6 357 361.0 335.9 261.9 230.8 243.8 237.4 247.7 220.5 215.2 208.3 200.7 185 179.8 172.4 163.4 149.9 146.5 141.3 133.7 120.3 116.1 115.2 108.7 95.6 105.7 102.7 100.1 89 87.5 84.8 88.4 83.9 86.9 99.3 93 83.3 77.5
Accumulated Other Comprehensive Income (566) (525) (581.3) (500.3) (934) (1,151.1) (593.4) (939.2) (949) (792.1) (1,064.5) (882.9) (1,101.4) (1,140.4) (1,478.7) (1,057.3) (665.7) (726.1) (623.2) (530.5) (527.8) (643.6) (870.4) (982.2) (1,231.1) (759.6) (925.1) (802.5) (721.5) (785.6) (673.4) (651.4) (499.5) (559.9) (498.9) (661.9) (699.1) (763.6) (620.5) (603.5) (535.4) (13.3) (9.2) (9) (31.5) (41.2) 9.5 (20.6) (23.3) (18.7) (23.2) (26) (14.1) (15.2) (6.4) (5.7) (1.4) (2.5) (2.0) (2.5) (2.7) (2.7) (1.7) (71.5) (68.6) (66.8) (65.3) (64.5) (61.4) (58.9) (58.2) (56.8) (56.4) (53.3) (52.3) (47.3) (43.6) (44.3) (44.4) (43.6) (41.3) (38.9) (37.8) (36.1) (34.2) (30.5) (29.8) (28.8) (25.4)
Total Stockholders' Equity 23,775 23,321 23,205.8 23,023.1 22,320.1 20,153.5 12,184 11,572.5 11,300.8 10,775.3 10,463.5 10,395.7 9,817.8 9,143.6 8,573.8 8,808.7 8,989.4 8,508.4 8,420.2 8,312.7 6,731.1 6,186.2 5,771.7 5,488.6 5,029.5 5,155.5 4,843.3 4,879.4 4,880.3 4,498.9 4,544.5 4,443.6 4,514.6 4,105.2 4,110 3,844.7 3,662.5 3,596.6 3,686.5 3,599.9 3,597.1 965.4 916.7 892.9 839.8 798.2 769.3 696.8 648 619.1 572.5 545 528.2 487.8 343.2 333.8 323.1 314.4 301.0 269.8 251.6 242.5 233.3 215.7 203.9 202.5 191.6 185.3 177.8 163.9 155.2 137.8 133.3 134.5 126.5 110.6 123 118.1 116.1 103.9 102.2 96.7 101.9 97.8 102.3 121.4 113.9 110.3 102.1
Total Liabilities & Equity 78,301 70,665 79,067.9 80,122.6 74,095.7 64,255.2 57,242.7 63,007.7 60,975.9 51,615.8 53,203.9 54,365.2 45,094.4 38,358.4 38,667.8 39,990.4 43,161.5 33,345 26,915.8 27,817.2 24,414.5 22,331.4 21,814.9 21,306.2 20,836.5 19,634.8 19,173.8 19,200.3 18,631.4 16,334 16,114.7 16,230.5 16,127.5 12,897.4 12,810.4 12,569.6 11,780.6 11,489.6 11,200.3 11,384.3 10,712.6 3,555.8 3,232.1 3,250.3 3,652.5 3,108.6 3,570.9 3,218.2 2,873 2,901.6 2,644.3 2,492 2,463.6 2,350.6 1,165.9 1,215.2 1,026.4 1,062.3 938.1 928.8 848.6 884.1 821.3 808.2 720.4 746 721 706.3 630.6 641.8 592.1 606.8 536.5 590.4 561.5 497.7 475.8 495.6 494.2 487.1 438.9 451.1 470 472.4 433 463.5 457.5 457.1 409.2
Debt Metrics
Total Debt 1,139 14,000 13,685.4 13,297.1 13,413.9 13,485.2 8,578 8,613.9 8,620.1 8,317.2 7,049.3 7,466.1 7,168.3 6,415.1 6,549.5 6,762 6,517.6 6,592.9 5,787.9 6,380.9 4,832.6 4,865.5 4,876.2 4,951.9 5,212.1 4,947.6 4,811.2 4,705.3 4,515 3,610.4 3,530.5 3,487.1 3,273.1 3,133 3,023.1 3,112.8 2,944.1 2,848.2 2,785.7 2,730.6 2,523 550 585 550 593 622 403.5 182.1 155.2 153 161.3 154 176.1 181.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 3.4 23.4 23.4 23.9 24.5 20 20 20
Net Debt (274) 12,604 12,286.1 (1,002.4) (3,277.9) (1,502.1) 6,555.6 7,198.6 6,857.5 7,345.7 6,021.8 6,513.8 5,618.4 5,676.7 5,995.8 6,238.4 5,989 6,190.3 3,052.8 3,176.8 4,306.3 4,200.9 4,246.3 4,602.2 4,859.3 4,342.8 4,232.3 4,193 3,643.5 3,003.2 2,925.5 2,834.9 2,575.2 2,451.8 2,458.2 2,525 2,380.1 2,302.7 2,253.9 2,319.5 2,097.6 320 357.9 344.1 366.9 429.5 52.1 (76.2) (56.3) (40.6) 12.3 (11) 23.6 53.1 (124.2) (100.9) (96.0) (99.9) (92.7) (63.2) (65.9) (61.1) (65.7) (46.9) (43.9) (61.5) (61.7) (60.2) (48) (67.2) (53.9) (57.6) (48.2) (55) (61.3) (48) (63.4) (53.5) (70.2) (50.3) (45.5) (36.3) (43.4) (11.2) (14) (22.3) (41.5) (24.4) (21.8)
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 823 151 273.6 366.2 708.9 258.2 314.1 285.4 608.4 (39.6) 283.2 235.8 486.6 135.5 256.3 285.1 439.1 120.9 238.6 201.8 393.7 153.1 187.8 161.8 355.4 105.6 137.1 121.4 351.7 127.8 138.4 123.7 286 113.2 137.8 180.4 67.8 101 130.4 155.7 57.9 50.5 44.4 (73.8) 46.1 38.9 49.2 48.9 36.1 12 38.3 23.3 34.5 33.7 33.1 42.2 26.5 25.4 32.3 17.1 15.2 18.8 24.4 12.5 13.3 16.8 19.4 10.2 11 12.7 18.6 12.8 9.2 11.3 18.1 7 8.2 13.6 15.9 5.7 6.3 11.7 12.9 4.6 5.3 9.1 11.8 7.5 3.9
Depreciation & Amortization 339 362 276.3 230.8 253.4 213 210 211.6 207.7 189.7 171.7 175.7 159.4 154 145.5 140.3 159.8 146.5 131.3 145.2 143.3 133.5 133.9 122.6 172.4 129.6 119.3 115 110.5 109.8 106.2 104.2 98.8 96.6 100.1 95.3 93.8 89.3 88.9 88.6 84 14.7 15.5 16.7 17.7 13.9 13.6 16.3 9.7 9 8.4 8.9 8.4 6.7 6.1 4.8 5.4 3.9 4.6 4.1 3.8 4.6 4.3 3.6 3.3 3.2 2.8 2.8 2.9 3.1 2.7 2.7 2.6 2.5 1.9 2.6 2.2 2 2.2 1.8 2 1.9 1.9 1.8 1.8 1.7 1.6 1.6 1.5
Stock-Based Compensation 17 0 11.8 11.6 28.2 9.8 11 10 11.1 10.4 9.1 8.1 3.8 7.4 7.5 7.1 2.4 4.3 0.9 4.5 3.7 3.5 3.4 3.4 3.3 3.5 3.4 3.5 3.6 3.6 3.7 1.6 4.8 4.4 4.4 4.4 4.1 3.8 3.8 3.8 3.3 (2.5) (2.4) 2.7 0 2.1 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 0 0 0 0
Change in Working Capital (322) 180.1 76.1 (582.5) (212.7) 104.1 408.4 (374.6) (97) 146.4 409.1 (393.8) (282.9) (22.7) 774.2 2.2 (201) 407.1 32.8 36.3 (276.7) 22.4 225.5 383.2 (335.4) 106.7 78.4 262.5 (513.2) 9.9 (28.6) 314.7 (614.8) 334.8 (93.8) (264.3) (34) 93 16.6 (200.3) (36.1) 49.7 (9) 107.4 14.5 15.4 (107.7) 157.8 (18) 12.2 69.7 100.1 (32.6) (25) 70.9 (5.8) (35.3) 75.7 (9.4) (4.8) 5.1 (46) 8.1 (13.9) (1.6) 21 38.3 (24.6) (7.4) 19.5 (0.8) 8.3 (1) (30.2) 15.4 (3.1) 6 (21.8) 10.9 14.7 (3.3) (7.8) 62 (4.5) (3.1) (18.7) 18.7 (5) 11
Other Non-Cash Items 3 59.9 66.7 (423.4) 38.4 48.3 (5.8) 37.2 3.4 352.1 14.7 19.4 29.7 114.3 (530.9) (472.8) 6.2 68.1 46.3 12.7 44.7 228 34.2 18 (49.6) 155.4 12.9 13.4 19 225.4 (27.2) (5) 83.2 29.5 12.9 8 55.2 104.6 11.1 15.9 17 4.4 12.5 (1.1) 13 (1.4) 153.2 (125.7) (29.8) 24.8 (52.8) (50.2) (11.0) (4.1) 5.0 27.7 11.2 (31.8) 26.4 (11.2) 10.6 26.7 14.2 (0.3) (9.4) (13.1) (30.7) 7 2.3 (13.5) (1.1) (0.8) 0.2 8.4 (12.9) (0.3) (0.8) 2.5 (7.7) (10.1) 7.1 10.6 (32.8) 2.2 14.3 6.4 (10.1) 6.2 (9.2)
Operating Cash Flow 957 753 731.3 (426.1) 871.8 739.3 934.8 119.5 789.3 693.6 897.2 12.4 428.5 200.4 641.7 (76.2) 434.6 562.9 452.9 402 286.3 364.9 585.4 693.6 108.6 350.1 349.5 515.8 (96.2) 260.5 191.3 530.9 (217.6) 395.1 253.7 35.7 169.7 233.7 243.4 35.6 109.4 102.2 40 13.9 77.4 63.5 84.5 88.5 (2) 58 56.5 82.4 (0.5) 11.3 37.9 68.8 8.6 42.9 53.9 5.5 34.0 3.4 51.6 1.7 7 23.2 29.8 (6.2) 9.6 11.5 19 24.3 10.8 (9.5) 22.2 5.7 15.2 (3.7) 21.3 12.1 11.8 12.1 43.8 3.8 18.1 (6.3) 20 10.5 6.8
Investing Activities
Capital Expenditure (36) (39.6) (37.8) (39.4) (28.2) (43.6) (36.8) (31.8) (29.7) (46) (58.8) (59.1) (29.7) (42.4) (49.2) (53.4) (37.7) (25.4) (44) (32) (27.2) (19.8) (20.7) (29.3) (29.5) (31.1) (32.4) (36) (39.3) (33.6) (28.1) (31.6) (31.1) (35.4) (28.2) (36.3) (29.3) (79) (35.7) (41.2) (61.9) (3.2) (6.5) (4.7) (6.2) (5.4) (7.4) (5.3) (2.6) (10) (13.0) (10.5) (10.7) (11.2) (8.8) (6.0) (5.0) (2.8) (2.8) (4.9) (4.0) (2.9) (5.2) (4.3) (4.2) (6.6) (3) (2.6) (1.8) (4.4) (2.4) (2.7) (1.8) (2.6) (2.4) (2.5) (2.6) (1.3) 0 0 (2.9) 17.7 (22.2) (2.4) (0.5) 0 0 0 0
Acquisitions (289) (442.1) (13,647.5) (1,329.4) (331.8) (794.4) (131.3) (265.8) (251.1) (1,854.6) (132.7) (733.4) (311.3) (340.2) (96.1) (196.9) (120.7) (2,617.9) (75.1) (151.9) (390.3) (233.8) (1.9) (5.3) (75.1) (314.1) (214.9) (555.2) (101.6) (207.4) (179.6) (328.2) (55.1) (55.3) (95) (79) (143.6) (118.6) (60.4) (80.5) (60) (2.9) (7.7) (13) (14.2) (21.3) (29) (2.4) 0 0 (1.1) (4.3) 3.6 (3.6) (17.9) 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
Purchases of Investments 0 (5) 0 0 0 0 0.7 (1) (3.1) (1.6) 0.4 (0.5) (0.7) 0.1 (0.6) (0.7) (0.1) (10.3) (7.6) (11.5) 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 (6.9) (5.6) (3.5) (3.7) (1.3) (4.5) (2.3) (9.0) (6.0) (8.6) (6.2) (10) (14.2) (13.6) (9.8) (6.7) (8) (8.8) (10.3) (10) (5.5) (4.4) (5.3) (4.4) (8.2) (5.8) (6.9) (9.5) (1.3) (4.2) 0 0 (10.9) (10.8) (18.8) (8.5) (16.8) (12.7)
Sales/Maturities of Investments 0 1.1 0 0 0 0 0 0.7 0.1 0.6 0.4 4.1 0.4 0.1 0.9 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 3.7 5.4 4.7 3.7 4.1 10.9 1.3 7.9 6.1 7.9 7.1 9 12 13.2 10.6 7.8 22.6 9.3 12.2 7.5 7.4 4.9 11.4 4.3 8.7 6.3 7.5 24.1 (12.4) 3.1 3.7 1.5 13.8 13.7 18.7 9.1 15 8.7
Other Investing Activities 87 9 (98.6) 23.7 84.6 (19.4) (63) (10.8) 88.8 1.1 (136.7) (19.6) 84.7 (60.3) (47.2) (25.3) 64.2 (66.7) 7.1 11.2 (0.4) (0.4) (0.4) (0.2) (0.4) (51) (0.3) (0.3) (0.4) (15.5) (0.4) 1 (0.7) (18.1) (2.3) (1.1) (5.2) (9.6) (10.3) 23.6 (6.5) (0.8) 25.2 5.3 0.9 2.4 6.3 0.5 1.1 3 (0.9) 8.4 1.0 (4.1) (25.3) (1.7) (9.0) (14.2) (0.6) (5.0) (16.0) (2.2) (10.2) (2.7) (5.5) (6.4) (16.5) (14.1) (15.2) (6.8) (6.2) (7) (6.1) (4.5) 0.1 0.1 0 0 (16.8) 11.8 0.1 (23.2) 16.7 0.3 (0.1) (11.6) 0.9 (7.6) (9.1)
Investing Cash Flow (238) (476.6) (13,783.9) (1,345.1) (275.4) (857.4) (230.4) (308.7) (195) (1,900.5) (327.4) (808.5) (256.6) (442.7) (192.2) (275.6) (94.3) (2,710) (119.6) (184.2) (417.9) (254) (23) (34.8) (105) (396.2) (247.6) (591.5) (141.3) (256.5) (208.1) (358.8) (86.9) (108.8) (125.5) (116.4) (178.1) (207.2) (106.4) (98.1) (128.4) (6.9) 11 (12.4) (19.5) (24.3) (30.1) (7.2) (1.5) (7) (15.0) (9.6) (6.3) (17.8) (52.0) (5.0) (7.7) (18.0) (4.5) (9.8) (20.7) (4.2) (16.4) (9.2) (10.1) (12.2) (18.4) (2.1) (16.5) (9.3) (11.1) (7.8) (7.4) (1) (2.4) (1.9) (2.1) (0.7) (2.2) (1.9) (3.9) (1.8) (4) 0.8 2.3 (11.7) 1.5 (9.4) (13.1)
Financing Activities
Net Debt Issuance (107) (141.4) 209.2 (201.2) (74.3) 4,972.7 (34.6) (7.3) 338 1,228.7 (393) 275.5 740.7 (141.2) (270.4) 276.7 (106.5) 784.1 (573.5) 1,578.3 (29.6) (50.6) (70.6) (266.4) 308.5 126 103.6 195.1 574.5 85 48.5 220.8 139.7 97.6 (95.7) 169.5 89.2 68.7 51.6 209.8 66.7 (1.7) (0.3) (0.2) 1.9 2.2 1.8 (10.2) 8.3 (23.1) (5.6) (31.0) 18.1 18 30 (2.7) 8.3 0 (5) (5) (5) 0 (11.5) 12.5 (5) (7.5) 0 22 (15.6) 15 (10) 2 (3.1) 10 (0.5) 0 (0.6) 0 0 (0.5) (0.6) (20) (0.5) 0 (4.3) 0 0 0 0
Stock Repurchased (310) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (11.3) (17.7) 0 0 0 0 0 (70.6) (30.4) (0.3) 0 0 0 (18.3) (32) (29.2) (13.8) (5.8) (0.0) 0 0 0 (37.0) (42.0) (12.3) (18.1) (0.4) (5.5) (7.4) (1.6) (3.1) (2.1) (11.5) (1.7) 0 0 0 (2.6) (1.3) (6.4) (6.8) 0 (1.4) (17.9) (2) (8.4) (1.5) (3) (2.2) (15.4) (5.3) (4.6) (18.5) (1) 0 0 0
Dividends Paid (180) (167.5) (166.9) (166.6) (166) (131.8) (131.6) (131.3) (130.7) (119.1) (118.6) (118.5) (117.4) (108) (107.5) (107.3) (106.7) (99.8) (89.8) (105) (97.4) (87.3) (86.6) (86.1) (87.4) (81.3) (80.1) (80.1) (79.6) (75.6) (75.3) (74.8) (76.1) (71.1) (70) (70.2) (71.4) (67.9) (67.9) (67.5) (68.9) (26.5) (26.1) (23) (22.6) (16.2) (45.2) (16.3) (16.1) (13) (13.2) (13.2) (12.8) (11) (11.0) (10.9) (10.5) (9.1) (8.8) (8.6) (7.4) (7.3) (7.3) (7.2) (6.2) (6.1) (6) (6) (5.1) (5.1) (5.1) (5.1) (4.7) (4.7) (4.4) (4.5) (3.9) (3.9) (3.8) (3.7) (3.3) (3.3) (3.3) (3.4) (2.7) (2.7) (2.7) (2.6) (2.3)
Other Financing Activities (181) 123.3 423.4 534.5 12.5 (709.3) 733.2 43.3 (261.6) (147.7) (190.9) 1,409.5 304.5 (24.8) 590.6 417.1 (33) (23.9) (22.1) (155.6) (28.3) (14.3) 3.1 (82.2) (97.1) (53.1) (32.9) (34.6) (20.3) (16.2) (40.2) (29.3) (15.1) (10) (15.2) (14.8) (18.2) (7.3) (14.1) (14.4) (1.5) 0 0 0 0 0 29.0 0 0.2 (0.5) 0 0.0 (0.2) 0.1 0 (1.3) (7.8) (1.0) (11.1) 6.1 2.8 (1.8) 1.0 3.6 (1.7) (6.4) 3.9 0 (0.1) 0.7 1.7 (0.2) 0.1 (1.8) (5.3) (0.1) (0.9) (1) (1.3) 0.9 (0.1) 0.6 (0.1) (0.8) (1.1) 5.6 0.7 (0.2) 0
Financing Cash Flow (723) (167.9) 568.6 210.3 1,107 12,500.4 611.5 (53.8) (2.3) 982.1 (668.5) 1,602.2 958.1 (253.1) 245.8 609.7 (200.3) 682.5 (662.8) 2,782.5 (118.1) (123.9) (128.7) (400.4) 147.9 9.7 8.6 112.7 507.4 5.2 (44.8) 132.1 69.5 (1.2) (165.6) 99.1 19.9 2.3 (14.5) 57.3 (34.1) (24.5) (20.2) (13.8) (11.1) (21.3) (39) (52.1) (12.1) (39) (17.5) (54.8) 14.2 11.1 (12.9) (41.7) (19.8) (20.3) (23.3) (2.2) (9.8) (4.2) (16.5) 10.4 (17.4) (16) (9.9) 20.4 (12.2) 11 (11.6) (7.1) (12.2) 6.1 (11.5) (19.2) (3.5) (12.2) (3.7) (5.5) (2.1) (37.4) (7.6) (7.9) (26) 3.2 (4.3) (1.6) 4.7
Cash Position
Net Change in Cash (56) (3.3) (12,466.2) (1,433.1) 1,771 12,173.6 1,457.2 (243) 537.5 (242.1) (156.8) 851.2 1,126.8 (312.6) 487.1 151 172.4 (1,546) (362.7) 3,014.1 (213.4) 99.5 472.1 369.5 9.3 16.6 60.7 5.8 304 (23.7) (84.2) 236 (196.3) 124.5 (22.9) 23.8 18.5 13.7 120.7 (14.3) (55) 70.8 30.8 (12.3) 46.8 17.9 15.4 29.2 (16) 12 23.9 18.1 7.4 4.7 (26.9) 23.3 5.0 7.2 29.5 (2.7) 3.5 (4.6) (16.5) 10.4 (17.4) (16) (9.9) 20.4 (12.2) 11 (11.6) (7.1) (12.2) 6.1 (11.5) (19.2) (3.5) (12.2) (3.7) (5.5) (2.1) (37.4) (7.6) (7.9) (26) 3.2 (4.3) (1.6) 4.7
Cash at Beginning 8,538 1,399.3 20,806.5 22,239.6 20,468.6 8,295 6,837.8 7,080.8 6,543.3 6,785.4 6,942.2 6,091 4,964.2 5,276.8 4,789.7 4,638.7 4,466.3 6,012.3 6,375 3,360.9 3,574.3 3,474.8 3,002.7 2,633.2 2,623.9 2,607.3 2,546.6 2,540.8 2,236.8 2,260.5 2,344.7 2,108.7 2,305 564.9 587.8 564 545.5 531.8 411.1 425.4 480.4 243.1 212.3 224.6 211.5 193.6 178.2 149 165 153 128.6 110.6 103.2 98.5 124.2 100.9 96.0 92.7 63.2 65.9 62.5 65.7 82.2 0 64.5 0 0 0 67.2 0 0 0 57 0 0 0 53.8 0 0 0 39.7 0 0 0 43.5 0 0 0 43.4
Cash at End 8,482 1,396 8,340.3 20,806.5 22,239.6 20,468.6 8,295 6,837.8 7,080.8 6,543.3 6,785.4 6,942.2 6,091 4,964.2 5,276.8 4,789.7 4,638.7 4,466.3 6,012.3 6,375 3,360.9 3,574.3 3,474.8 3,002.7 2,633.2 2,623.9 2,607.3 2,546.6 2,540.8 2,236.8 2,260.5 2,344.7 2,108.7 2,305 564.9 587.8 564 545.5 531.8 411.1 425.4 313.9 243.1 212.3 258.3 211.5 193.6 178.2 149 165 152.5 128.6 110.6 103.2 97.3 124.2 100.9 99.9 92.7 63.2 65.9 61.1 65.7 10.4 47.1 (16) (9.9) 20.4 55 11 (11.6) (7.1) 44.8 6.1 (11.5) (19.2) 50.3 (12.2) (3.7) (5.5) 37.6 (37.4) (7.6) (7.9) 17.5 3.2 (4.3) (1.6) 48.1
Free Cash Flow 921 713.4 693.5 (465.5) 843.6 695.7 898 87.7 759.6 647.6 838.4 (46.7) 398.8 158 592.5 (129.6) 396.9 537.5 408.9 370 259.1 345.1 564.7 664.3 79.1 319 317.1 479.8 (135.5) 226.9 163.2 499.3 (248.7) 359.7 225.5 (0.6) 140.4 154.7 207.7 (5.6) 47.5 99 33.5 9.2 71.2 58.1 77.1 83.2 (4.6) 48 43.5 71.9 (11.2) 0.1 29.2 62.8 3.6 40.1 51.1 0.6 30.0 0.5 46.4 (2.6) 2.8 16.6 26.8 (8.8) 7.8 7.1 16.6 21.6 9 (12.1) 19.8 3.2 12.6 (5) 21.3 12.1 8.9 29.8 21.6 1.4 17.6 (6.3) 20 10.5 6.8
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 4,758 3,628 3,365.6 3,220.8 3,727.4 2,716 2,806.8 2,775.4 3,256.7 2,437.8 2,492 2,441.9 2,706.1 2,018.2 2,045.3 2,040.2 2,433.9 1,962.8 2,133.9 1,932.9 2,160.9 1,714 1,845.7 1,583 1,866.7 1,708.4 1,821.9 1,655.9 1,933.5 1,657.4 1,777.9 1,654.3 1,834.8 1,599 1,593.7 1,489.5 1,646.4 1,385 1,482.3 1,427.1 1,300.4 1,334.9 1,454.8 1,371.4 1,231.3 1,245.4 1,286.8 1,179.3 915 890.2 835.8 779.5 674.1 673.2 650.4 649.9 546.8 578.4 562.8 546.1 447.4 459.1 463.2 459.5 482.4 435.1 439.5 453.6 401.1 378.3 428.2 428.9 375.8 370.2 410.7 440.8 375 414.7 421.2 370.6 327.5 376.1 389.9 371.1 346.8 386.9 363.5 368.7 332.9 365.5 299 306.8 248.6 254.0 203.5 216.7 201.6 209.1 181.0 169.2
Gross Profit 4,038 1,419 3,049.1 1,374.5 1,790.7 1,125.6 1,144.6 1,115.9 1,492.2 970.8 1,029.1 993.9 1,257.4 810.2 831.5 844.5 1,098.2 688 734.7 690.3 843.8 576.5 611.4 573.8 747.4 532.3 551.1 524.6 680.8 429 466.1 452.4 593 439.6 428 390.3 534.6 396.3 406 471.1 373.9 384.7 431 449.5 346.8 347.5 396 378.8 277.7 261.4 276.4 287.4 232.1 225 248.8 256.8 184.7 194.4 216.9 209.6 152.3 (405) 182.7 183.7 156.2 347.3 355.8 374.5 322.2 260.2 328.3 343.7 287.9 195.6 324.7 350.7 161.1 323.3 340.3 294.1 253.9 273.1 314.2 297 277.3 314.6 295.9 303 268.3 293.3 235.5 220.3 176.6 180.2 143.6 150.7 136.3 148.8 122.9 117.0
Operating Income 1,218 341 536.6 624.4 1,046.9 473.7 480.9 478.7 848.8 330.5 434.4 384.6 715.5 288 364.5 380.3 621.1 221.2 337.8 291.7 467.4 212.2 274.3 236.4 317.3 122.4 163.8 151.9 307.8 82.1 132.2 125.4 278.1 116.7 118.9 90.8 241.3 108 127.5 177.9 85.4 68.9 141 160.1 67.1 52.9 125.8 140.1 76 63.4 98.2 106.8 57.9 58.7 90.7 96.7 45.6 57.6 77 74 33.8 34.8 75.1 71.7 53.4 39.3 71.1 82.5 50.8 (8.1) 56.5 76.6 33.4 (28.9) 72 97.4 68.8 62.6 105.4 61.8 35.5 (49.5) 99 93.6 70.3 233 104.8 114.3 91.8 66.7 50.3 54.7 22.9 39.1 27.2 34.1 20.3 45.6 26.1 25.7
Net Income 822 151 272.7 365.8 704.4 258.3 312.6 283.4 608.4 (32.2) 280.7 234.5 486.5 135.5 255.8 284.2 438.7 109.4 225.1 190.2 382.1 142.2 176.6 153.7 346.3 98.5 126.1 110.1 334.1 117.3 127.6 114.9 273.7 105.1 111 70 228.8 95.1 122.8 150 46.5 62.3 133.3 139.3 21.9 51.5 93.6 109 49.3 60 74.6 93.5 40.5 33.5 61.7 71.7 28.1 40.5 46.7 41.7 15.2 54.7 46.2 44 29.2 16.8 41.6 43.8 26.4 4.7 37.8 40.8 (6) 23.4 51.8 43.8 19.8 24.6 50.2 36.6 17.1 2.5 50.5 51.8 (73.8) 49.1 54.4 46.1 38.9 49.2 36.2 38.3 34.5 33.1 23.2 27.1 25.4 32.1 17.1 16.8
EPS (Diluted) 3.16 0.58 1.05 1.40 2.72 1.12 1.39 1.27 2.74 -0.15 1.28 1.07 2.24 0.63 1.19 1.33 2.05 0.51 1.06 0.92 1.92 0.72 0.90 0.79 1.79 0.51 0.66 0.58 1.77 0.63 0.68 0.62 1.48 0.57 0.71 0.95 0.31 0.53 0.69 0.84 0.26 0.35 0.75 0.81 0.13 0.31 0.58 0.70 0.36 0.45 0.57 0.73 0.32 0.27 0.50 0.59 0.24 0.34 0.41 0.37 0.14 0.50 0.44 0.42 0.28 0.16 0.41 0.44 0.27 0.05 0.40 0.44 -0.06 0.27 0.54 0.44 0.20 0.25 0.51 0.37 0.17 0.03 0.52 0.54 -0.85 0.53 0.57 0.49 0.41 0.52 0.39 0.41 0.37 0.36 0.26 0.32 0.29 0.37 0.19 0.20
Balance Sheet
Cash & Equivalents 1,413 1,396 1,399.3 14,299.5 16,691.8 14,987.3 2,022.4 1,415.3 1,762.6 971.5 1,027.5 952.3 1,549.9 738.4 553.7 523.6 528.6 402.6 2,735.1 3,204.1 526.3 664.6 629.9 349.7 352.8 604.8 578.9 512.3 871.5 607.2 605 652.2 697.9 681.2 564.9 587.8 564 545.5 531.8 411.1 425.4 230 227.1 205.9 226.1 192.5 351.4 258.3 211.5 193.6 149 165 152.5 128.6 124.2 100.9 96.0 99.9 92.7 63.2 65.9 61.1 65.7 46.9 43.9 61.5 61.7 60.2 48 67.2 53.9 57.6 48.2 57 61.3 48 63.4 53.5 70.2 50.3 45.5 39.7 66.8 34.6 37.9 46.8 61.5 44.4 41.8
Total Assets 78,301 70,665 79,067.9 80,122.6 74,095.7 64,255.2 57,242.7 63,007.7 60,975.9 51,615.8 53,203.9 54,365.2 45,094.4 38,358.4 38,667.8 39,990.4 43,161.5 33,345 26,915.8 27,817.2 24,414.5 22,331.4 21,814.9 21,306.2 20,836.5 19,634.8 19,173.8 19,200.3 18,631.4 16,334 16,114.7 16,230.5 16,127.5 12,897.4 12,810.4 12,569.6 11,780.6 11,489.6 11,200.3 11,384.3 10,712.6 3,555.8 3,232.1 3,250.3 3,652.5 3,108.6 3,570.9 3,218.2 2,873 2,901.6 2,644.3 2,492 2,463.6 2,350.6 1,165.9 1,215.2 1,026.4 1,062.3 938.1 928.8 848.6 884.1 821.3 808.2 720.4 746 721 706.3 630.6 641.8 592.1 606.8 536.5 590.4 561.5 497.7 475.8 495.6 494.2 487.1 438.9 451.1 470 472.4 433 463.5 457.5 457.1 409.2
Total Debt 1,139 14,000 13,685.4 13,297.1 13,413.9 13,485.2 8,578 8,613.9 8,620.1 8,317.2 7,049.3 7,466.1 7,168.3 6,415.1 6,549.5 6,762 6,517.6 6,592.9 5,787.9 6,380.9 4,832.6 4,865.5 4,876.2 4,951.9 5,212.1 4,947.6 4,811.2 4,705.3 4,515 3,610.4 3,530.5 3,487.1 3,273.1 3,133 3,023.1 3,112.8 2,944.1 2,848.2 2,785.7 2,730.6 2,523 550 585 550 593 622 403.5 182.1 155.2 153 161.3 154 176.1 181.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 3.4 23.4 23.4 23.9 24.5 20 20 20
Stockholders' Equity 23,775 23,321 23,205.8 23,023.1 22,320.1 20,153.5 12,184 11,572.5 11,300.8 10,775.3 10,463.5 10,395.7 9,817.8 9,143.6 8,573.8 8,808.7 8,989.4 8,508.4 8,420.2 8,312.7 6,731.1 6,186.2 5,771.7 5,488.6 5,029.5 5,155.5 4,843.3 4,879.4 4,880.3 4,498.9 4,544.5 4,443.6 4,514.6 4,105.2 4,110 3,844.7 3,662.5 3,596.6 3,686.5 3,599.9 3,597.1 965.4 916.7 892.9 839.8 798.2 769.3 696.8 648 619.1 572.5 545 528.2 487.8 343.2 333.8 323.1 314.4 301.0 269.8 251.6 242.5 233.3 215.7 203.9 202.5 191.6 185.3 177.8 163.9 155.2 137.8 133.3 134.5 126.5 110.6 123 118.1 116.1 103.9 102.2 96.7 101.9 97.8 102.3 121.4 113.9 110.3 102.1
Cash Flow
Operating Cash Flow 957 753 731.3 (426.1) 871.8 739.3 934.8 119.5 789.3 693.6 897.2 12.4 428.5 200.4 641.7 (76.2) 434.6 562.9 452.9 402 286.3 364.9 585.4 693.6 108.6 350.1 349.5 515.8 (96.2) 260.5 191.3 530.9 (217.6) 395.1 253.7 35.7 169.7 233.7 243.4 35.6 109.4 102.2 40 13.9 77.4 63.5 84.5 88.5 (2) 58 56.5 82.4 (0.5) 11.3 37.9 68.8 8.6 42.9 53.9 5.5 34.0 3.4 51.6 1.7 7 23.2 29.8 (6.2) 9.6 11.5 19 24.3 10.8 (9.5) 22.2 5.7 15.2 (3.7) 21.3 12.1 11.8 12.1 43.8 3.8 18.1 (6.3) 20 10.5 6.8
Capital Expenditure (36) (39.6) (37.8) (39.4) (28.2) (43.6) (36.8) (31.8) (29.7) (46) (58.8) (59.1) (29.7) (42.4) (49.2) (53.4) (37.7) (25.4) (44) (32) (27.2) (19.8) (20.7) (29.3) (29.5) (31.1) (32.4) (36) (39.3) (33.6) (28.1) (31.6) (31.1) (35.4) (28.2) (36.3) (29.3) (79) (35.7) (41.2) (61.9) (3.2) (6.5) (4.7) (6.2) (5.4) (7.4) (5.3) (2.6) (10) (13.0) (10.5) (10.7) (11.2) (8.8) (6.0) (5.0) (2.8) (2.8) (4.9) (4.0) (2.9) (5.2) (4.3) (4.2) (6.6) (3) (2.6) (1.8) (4.4) (2.4) (2.7) (1.8) (2.6) (2.4) (2.5) (2.6) (1.3) 0 0 (2.9) 17.7 (22.2) (2.4) (0.5) 0 0 0 0
Free Cash Flow 921 713.4 693.5 (465.5) 843.6 695.7 898 87.7 759.6 647.6 838.4 (46.7) 398.8 158 592.5 (129.6) 396.9 537.5 408.9 370 259.1 345.1 564.7 664.3 79.1 319 317.1 479.8 (135.5) 226.9 163.2 499.3 (248.7) 359.7 225.5 (0.6) 140.4 154.7 207.7 (5.6) 47.5 99 33.5 9.2 71.2 58.1 77.1 83.2 (4.6) 48 43.5 71.9 (11.2) 0.1 29.2 62.8 3.6 40.1 51.1 0.6 30.0 0.5 46.4 (2.6) 2.8 16.6 26.8 (8.8) 7.8 7.1 16.6 21.6 9 (12.1) 19.8 3.2 12.6 (5) 21.3 12.1 8.9 29.8 21.6 1.4 17.6 (6.3) 20 10.5 6.8