Bread Financial Holdings, Inc. logo BFH - Bread Financial Holdings, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 15
HOLD 19
SELL 3
STRONG
SELL
0
| PRICE TARGET: $96.25 DETAILS
HIGH: $115.00
LOW: $70.00
MEDIAN: $98.50
CONSENSUS: $96.25
DOWNSIDE: 9.43%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3
Revenue
Revenue 1,211 1,174 1,181 1,149 1,195 1,156 1,223 1,180 1,239 1,255 1,250 1,157 1,513 1,228 1,123 1,009 1,012 75.5 851 764 802 1,109.9 1,050.5 979.3 1,381.8 1,461 1,437.6 1,348.5 1,334.2 2,055.9 1,423.1 1,397.2 1,381.7 2,106.2 1,912.4 1,821.8 1,879 1,827.6 1,885.6 1,748.8 1,676.1 1,748.9 1,589.1 1,500.6 1,601.2 1,485.7 1,319.1 1,265.2 1,232.9 1,141.1 1,096.4 1,028.1 1,053.4 971.8 911.5 866.5 891.6 847.5 844.8 740.5 740.4 755.7 702.4 669.7 663.5 540.5 481.4 457.5 479.5 523.2 511.2 507.2 499.2 613.4 575.5 481.8 466.3 531.1 506.6 490.4 477.2 421.2 384.8 370.6 375.9 346.8 298.9 299.7 312.0 305.7 259.1 251.0 240.2 236.8 218.7 205.5 210.3 213.9 201.7 183.7 180.7 177.2 168.8
Cost of Revenue 496 199 509 494 521 648 609 531 569 720 523 541 325 887 437 499 272 (190.6) 581.3 596.2 606.2 715.2 597.8 620.5 637.8 846.8 827.5 798.3 784.4 1,321.5 790.8 727.2 723.5 1,303.2 1,211.8 1,151.9 1,167.3 1,316.9 1,153.9 1,131.6 1,102.7 1,116.4 983.1 977.3 1,068 963.9 828.9 846.3 840.2 746.5 702.4 702.8 703.0 865.3 573.8 579.5 592.6 797.7 477.0 431.2 404.5 761.6 385.2 358.7 361.0 522.7 326.6 326.6 321.3 420.4 335.1 341.0 324.8 529.5 401.5 319.9 293.6 440.3 357.2 354.4 330.3 312.2 277.6 270.6 264.2 261.3 218.9 217.6 219.5 229.0 191.2 186.5 180.4 177.9 167.6 160.7 164.8 158.4 153.2 145.8 143.3 142.4 136.0
Gross Profit 715 975 672 655 674 508 614 649 670 535 727 616 1,188 341 686 510 740 649.1 518 416.2 478.7 394.7 452.7 358.8 744 614.2 610.1 550.2 549.8 734.4 632.3 670 658.2 803 700.6 669.9 711.7 510.7 731.7 617.2 573.4 632.5 606 523.3 533.2 521.8 490.3 418.9 392.7 394.5 394.0 325.3 350.5 106.6 337.7 287.0 299.0 49.9 367.9 309.2 335.9 (5.9) 317.2 311.0 302.5 17.8 154.9 131.0 158.2 102.8 176.1 166.2 174.4 83.9 174.0 161.9 172.8 90.8 149.3 136.1 146.9 109.0 107.2 99.9 111.7 85.5 80.0 82.1 92.5 76.7 67.8 64.5 59.8 58.9 51.1 44.8 45.6 55.5 48.4 37.9 37.4 34.8 32.9
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 255 555 260 246 250 290 266 247 241 266 246 257 259 263 246 241 210 752.4 203 197 201 32.5 29 20.4 23.9 23.2 31.8 57.3 38.3 46.2 43.6 46.4 31.3 41.4 38 42.4 44.6 31.8 41 42.9 27.6 26.5 40.9 40.9 30.2 40.0 39.2 28.3 34.0 24.7 33.8 28.3 22.3 31.9 24.6 27.5 24.0 27.1 26.2 21.0 20.9 22.3 19.8 21.5 22.2 22.6 30.1 19.2 27.8 25.3 24.3 14.9 18.3 13.9 22.5 21.2 23.3 22.7 28.1 21.0 20.0 25.6 23.1 18.6 24.3 33.2 15.4 13.9 14.0 13.2 12.9 11.0 16.9 16.9 11.6 10.3 14.6 16.2 14.3 8.3 9.3 9.0 7.3
Other Expenses 217 373 216 235 227 245 308 222 241 251 256 273 291 286 251 253 228 (473.5) (316.1) (502.5) (508.3) 103.4 132.7 163.7 556.1 282 274.1 155.6 154.6 114 108.9 226.9 254.6 298.9 183.7 276.1 314.7 299.2 269.7 253.7 201.5 241.9 277.6 196.7 178.5 269.3 129.4 108.0 76.9 120.1 71.4 27.9 37.0 (142.1) 48.6 18.9 22.4 (158.5) 113.9 96.4 103.1 (168.8) 127.5 129.1 122.2 (133.4) 31.2 31.2 28.7 (30.5) 32.0 37.2 37.6 (8.3) 85.1 38.5 28.9 (7.4) 32.0 31.9 27.5 29.2 24.3 24.0 25.2 24.3 21.8 22.0 23.3 20.7 18.1 18.5 (171.7) 17.3 16.6 16.5 16.1 20.4 18.5 17.8 17.5 18.3 19.3
Operating Expenses 472 928 476 481 477 535 574 469 482 517 502 530 550 549 497 494 438 278.9 (113.1) (305.5) (307.3) 135.9 161.7 184.1 580 305.2 305.9 212.9 192.9 160.2 152.5 273.3 285.9 340.3 221.7 318.5 359.3 331 310.7 296.6 229.1 268.4 318.5 237.6 208.7 309.3 168.6 136.3 110.9 144.8 105.3 56.2 59.2 (110.1) 73.2 46.4 46.4 (131.5) 140.2 117.4 124.0 (146.5) 147.2 150.6 144.3 (110.7) 61.3 50.4 56.5 (5.2) 56.3 52.1 55.9 5.6 107.5 59.7 52.2 15.3 60.1 52.9 47.5 54.8 47.4 42.6 49.5 57.6 37.2 35.9 37.3 33.9 31.1 29.5 (154.8) 34.1 28.2 26.7 30.7 36.7 32.8 26.1 26.8 27.3 26.6
Operating Income
Operating Income 243 47 196 174 197 (27) 40 180 188 18 225 86 638 (208) 189 16 302 (12.8) 382.8 473.3 503.1 258.8 291 174.7 164 309 304.2 337.3 356.9 574.2 479.8 396.7 372.3 462.7 478.9 351.4 352.4 179.7 421 320.6 344.3 364.1 287.5 285.7 324.5 212.5 321.6 282.5 281.8 249.7 288.8 269.2 291.2 216.7 264.5 240.5 252.6 181.3 227.7 191.8 211.9 140.6 170.0 160.4 158.2 128.5 93.5 80.6 101.6 108.0 119.8 114.2 118.6 78.3 66.5 102.2 120.6 75.5 89.2 83.2 99.4 54.2 59.8 57.3 62.2 28.0 42.8 46.2 55.1 42.9 36.8 35 214.6 24.8 22.9 18.1 14.8 18.8 15.6 11.8 10.6 7.5 6.2
Interest Expense 193 199 210 220 225 231 240 241 248 238 219 205 218 195 133 95 79 84 91 100 107 29.4 24.7 26.1 28.4 27.3 26.1 38.7 37.9 69.9 37.3 41.6 44.2 72.5 73.9 72.3 64 58.9 54.6 53.5 51.2 47.2 45.3 44.5 42.5 33.2 29.6 32.4 36.6 34.4 43.8 51.8 51.1 0 44.3 44.5 37.4 0 74.4 78.8 71.5 0 84.1 83.8 82.7 39.6 38.6 34.1 31.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 1,260 1,246 1,242 1,194 1,231 1,218 1,277 1,228 1,300 1,313 1,301 1,197 1,335 1,325 1,218 1,073 1,068 1,017 994 915 942 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 39.6 0 0 0 75.8 0 0 0 116.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 262 66 215 195 218 (5) 62 203 211 42 248 121 672 (175) 218 46 323 13 322.4 403.1 428.4 209.7 216.1 88.3 64.2 210.3 281 236.4 331.9 518.5 465.5 385.1 362.2 429.4 457.9 339.4 352 189.4 439.4 346.5 373.9 399.7 393.4 327.1 368.1 232.5 336.5 293.9 288.1 239.5 269.2 239.3 261.5 (27.7) 231.8 206.9 225.7 (78.8) 270.9 227.8 247.3 (141.0) 207.9 194.8 192.4 (5.2) 124.7 111.7 131.0 78.5 151.8 151.4 163.1 109.9 111.6 151.5 160.0 68.1 121.2 115.1 126.9 80.4 84.1 81.3 87.4 52.3 64.5 68.2 78.5 63.5 54.9 53.5 231.8 42.1 39.5 34.6 30.9 39.3 34.1 29.6 28.1 25.8 25.5
EBIT 243 47 196 174 197 (27) 40 180 188 18 225 86 638 (208) 189 16 302 (12.8) 290.7 371.6 394.4 146.2 175.9 47 25.4 167.4 236.1 193.8 213 397.4 343 263.1 240.5 306.3 333.6 213.9 227.2 62 312.7 216.9 245.5 274.7 270 205 246.5 144.1 260.2 219.6 214.0 184.3 214.8 185.7 208.7 (74.7) 190.1 167.5 187.0 (117.3) 227.7 191.8 211.9 (177.7) 170.0 160.4 158.2 (39.0) 93.5 80.6 101.6 46.1 117.7 117.0 120.2 68.8 68.6 108.4 120.6 34.5 89.2 83.2 99.4 54.2 59.8 57.3 62.2 28.0 42.8 46.2 55.1 42.9 36.8 35 214.6 24.8 22.9 18.1 14.8 18.8 15.6 11.8 10.6 7.5 6.2
Income Before Tax 243 47 196 174 197 (27) 40 180 188 18 225 86 638 (208) 189 16 302 (12.8) 259 354 367 146.2 175.9 47 25.4 167.4 164.2 193.8 213 397.4 343 263.1 240.5 306.3 333.6 213.9 227.2 62 312.7 216.9 245.5 274.7 205.4 205 246.5 144.1 260.2 219.6 214.0 184.3 214.8 185.7 208.7 138.4 190.1 167.5 187.0 107.3 153.3 113.0 140.4 73.0 85.9 76.5 75.5 88.9 55.0 46.5 70.3 91.9 103.3 100.2 101.5 61.4 48.7 83.3 104.8 63.7 78.6 73.1 90.9 50.3 57.4 55.0 59.5 25.7 41.7 45.0 51.9 39.5 34.2 22.8 19.9 18.2 12.8 7.5 8.9 (7.1) 0.7 2.8 1.0 (3.1) (3.7)
Income Tax Expense 62 (6) 8 35 55 (34) 37 47 53 (26) 52 22 183 (74) 55 4 91 (26.4) 53 91 99 52.9 42.6 8.6 (4.6) 37 42.6 51.4 34.8 112.5 54.3 39.3 64 35 100.4 76.2 80.8 51.4 105.2 76.2 86.6 94.5 75 75 81.7 67.9 95.2 80.4 78.3 66.4 81.9 69.3 79.7 54.7 70.6 63.7 71.7 41.4 59.3 44.0 54.1 24.4 32.8 29.2 28.8 30.4 9.7 18.1 27.3 36.5 39.9 38.3 38.8 27.5 19.5 31.8 40.1 24.1 29.8 28.3 34.5 18.9 21.5 20.6 22.3 9.7 15.7 17.0 19.6 15.1 13.1 8.7 7.6 7.7 5.0 3.6 4.4 1.2 4.9 2.3 0.9 0.3 0.3
Net Income 181 53 188 139 138 7 2 133 134 43 171 48 455 (134) 134 12 210 17.6 224 274 286 12 133.3 38.4 30 97.5 (107.6) 139 149.1 284.9 296.5 217.8 163.9 271.3 233.2 137.7 146.4 10.6 207.5 140.7 157.1 174.2 128.4 131.3 162.6 67.2 164.2 137.4 137.4 117.9 132.9 116.4 129.0 83.7 119.5 103.8 115.2 65.9 94.0 69.0 86.4 46.7 53.1 47.3 46.7 40.6 45.8 29.4 27.9 51.8 69.3 47.0 49.3 33.9 29.2 44.1 56.9 39.6 48.8 44.8 56.4 31.3 35.9 34.4 37.2 16.0 26.0 28.0 32.3 24.4 21.1 14.1 12.3 10.6 7.8 3.4 4.5 (8.3) (4.3) (0.0) 0.1 (3.4) (4.0)
Per Share Data
EPS (Basic) 4.18 1.18 4.04 2.98 2.81 0.14 0.04 2.68 2.71 0.87 3.43 0.96 9.10 -2.69 2.69 0.24 4.21 0.27 4.50 5.50 5.76 0.25 2.79 0.81 0.63 2.73 -2.20 2.65 2.81 5.28 5.41 3.94 2.96 4.91 4.21 2.48 2.60 0.18 3.56 1.24 2.36 2.33 2.09 2.12 2.34 0.87 2.84 2.54 2.59 2.40 2.73 2.37 2.59 1.68 2.39 2.07 2.30 1.32 1.86 1.35 1.69 0.90 1.01 0.89 0.89 0.78 0.87 0.52 0.46 0.85 1.03 0.61 0.63 0.43 0.37 0.56 0.72 0.50 0.61 0.56 0.70 0.39 0.43 0.42 0.45 0.19 0.32 0.35 0.40 0.30 0.27 0.18 0.16 0.14 0.10 0.05 0.06 -0.11 -0.06 -0.01 -0.04 -0.07 -0.09
EPS (Diluted) 4.15 1.16 3.96 2.94 2.78 0.14 0.04 2.65 2.70 0.87 3.41 0.95 9.08 -2.69 2.69 0.24 4.20 0.27 4.47 5.47 5.74 0.25 2.79 0.81 0.63 2.73 -2.13 2.64 2.80 5.25 5.39 3.93 2.95 4.88 4.20 2.47 2.58 0.18 3.55 1.24 2.35 2.31 2.08 2.11 2.32 0.86 2.74 2.19 2.08 1.79 2.01 1.71 1.92 1.27 1.84 1.63 1.86 1.12 1.60 1.19 1.56 0.84 0.96 0.83 0.84 0.73 0.83 0.51 0.45 0.84 0.99 0.60 0.61 0.42 0.36 0.55 0.70 0.49 0.60 0.55 0.69 0.38 0.42 0.40 0.43 0.19 0.31 0.33 0.39 0.29 0.26 0.18 0.16 0.14 0.10 0.04 0.06 -0.11 -0.06 -0.01 -0.04 -0.07 -0.09
Shares Outstanding 42.8 44.9 46.5 46.7 49 49.6 49.7 49.6 49.5 49.3 49.9 50.1 50 49.9 49.8 49.8 49.9 49.8 49.8 49.7 49.7 48.3 47.7 47.6 47.6 47.1 48.8 51.3 53 54 54.8 55.2 55.4 55.3 55.4 55.6 56.4 57.6 58.3 58.8 59.8 61.1 61.4 61.9 63.1 60.5 57.7 54.2 53.0 49.2 48.7 49.1 49.8 49.8 49.9 50.2 50.1 49.9 50.6 51.1 51.1 51.9 52.6 53.2 52.4 52.2 52.8 56.9 61.1 61.1 67.4 76.6 78.5 78.5 78.2 78.2 79.0 79.0 79.6 80.1 80.1 80.1 82.8 82.8 82.3 82.3 81.4 80.7 80.1 80.1 79.2 77.8 74.9 74.9 74.6 74.0 74.0 74.0 73.8 52.9 47.6 47.6 47.5
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4
Current Assets
Cash & Cash Equivalents 3,637 3,604 3,764 3,799 4,212 3,679 3,451 4,053 3,789 3,590 3,380 3,325 3,611 3,891 3,583 3,111 2,930 3,046 3,172.2 3,001.9 2,858.6 2,796 3,078.4 4,960 4,456.8 3,874.4 4,512.5 4,026.8 3,685 3,817.4 3,600.9 3,449.2 3,549.5 4,190 3,326 1,945.9 1,866.8 1,859.2 1,500.5 1,316.5 970 1,168 977.3 822.3 760.4 1,077.2 634.8 631.2 706.6 969.8 784.0 749.8 764.1 893.4 766.3 642.2 399.0 216.2 239.6 232.8 300.4 139.1 391.2 250.3 220.6 213.4 449.6 118.4 321.6 156.9 378.2 208.2 241.4 219.2 215.3 143.1 153.9 180.1 144.7 151.0 256.8 143.2 157.8 100.4 156.7 84.4 159.0 154.6 107.2 67.7 45.1 135.0 99.7 30.4 80.5 81.0 77.3 117.5 78.2 108.3 58.8 116.9
Short-Term Investments 0 171 174 176 172 170 182 178 175 171 27 39 44 95 105 131 233 175 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 148 0 0 0 145 0 0 0 144 0 0 0 164 0 0 0 151 14,416.6 14,457.5 14,045.2 114 13,894.7 14,141.2 15,940.5 18,743.1 17,313.2 17,030.7 16,183.6 17,220.7 17,179.4 17,487.5 17,349.2 18,316.8 16,175.3 15,949.8 15,440.8 16,393.1 14,428.4 13,869 13,358.7 13,764.4 11,771.5 11,226.8 10,714.6 11,417.0 9,238.6 8,445.0 7,980.6 8,464.5 7,383.6 7,119.7 6,887.3 7,337.8 6,418.4 5,597.5 5,231.7 5,498.6 4,791.3 4,774.5 4,603.2 5,099.3 4,666.2 4,726.2 4,697.2 1,138.6 984.1 888.4 873.2 831.1 601.7 668.5 775.6 881.0 998.2 863.6 788.6 841.0 694.8 599.7 638.7 683.0 465.4 408.6 350.7 417.3 343.8 311.1 372.2 403.6 360.3 288.6 265.6 264.3 313.1 337.0 352.1 263.8 219.5 136.9 191.0 349.7
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 192.3 162.3 146 164.3 202.8 194 189.1 218 250.4 243.9 242.3 248 265.9 233.2 256.3 234.1 257.1 246.5 245.3 271.3 278 225.4 240.1 228 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 24 0 0 0 35 0 0 0 0 0 0 0 0 0 0 0 (110) 1,606.3 1,286.5 1,245.6 0 1,485.4 1,349 1,117.9 1,277.2 2,707.5 6,972.5 6,925 3,425.6 2,909.6 1,911.6 2,315.5 1,964.7 2,210.9 1,696.9 1,230.1 1,065.7 1,394.9 1,278.2 1,661.4 1,090 1,348.9 1,308.0 1,302.6 1,320.6 1,528.0 1,268.8 1,250.8 966.5 942.7 1,188.5 1,436.4 901.0 834.9 1,237.8 898.9 892.2 870.4 870.2 876.4 891.1 966.2 955.3 982.7 1,007.5 962.3 862.3 853.5 936.6 263.2 312.3 444.8 892.9 207.0 214.5 204.1 288.9 187.7 165 173.0 216.2 127.2 99.9 111.2 115.6 117.8 121.6 114.1 109.9 104.3 132.3 93.1 94.2 90.0 89.8 88.2 82.2 211.9 120.7 117.2 57.7
Total Current Assets 3,637 3,947 3,938 3,975 4,384 4,029 3,633 4,231 3,964 3,905 3,407 3,364 3,655 4,150 3,688 3,242 3,163 3,262 19,387.4 18,908.2 18,295.4 3,074.3 18,661.3 20,644.2 21,704.3 24,112.7 24,783.6 28,273.9 27,035.9 24,711.7 23,955.8 23,081.5 23,470.5 24,705.6 21,969.3 19,839.1 18,783 19,589.3 17,601.8 16,689.1 16,230.2 16,250.4 14,097.7 13,357.1 12,777.6 13,814.8 11,401.4 10,344.9 9,938.0 10,400.8 9,110.4 9,058.0 9,087.8 9,132.1 8,019.6 7,477.5 6,529.6 6,607.0 5,901.3 5,877.5 5,780.0 6,129.5 6,023.6 5,931.9 5,900.4 2,359.5 2,396.0 1,869.1 2,048.4 1,924.6 1,243.1 1,189.0 1,461.8 1,993.1 1,420.5 1,221.2 1,146.5 1,310.0 1,027.3 915.8 1,068.5 1,042.5 750.5 608.9 618.6 617.3 620.6 587.3 593.5 581.3 509.7 555.8 458.4 388.9 483.6 507.9 517.6 463.5 509.7 365.9 367.0 524.3
Non-Current Assets
Property, Plant & Equipment 112 180 122 127 133 229 148 157 166 265 160 162 180 283 204 219 220 312 500.2 510.7 514.5 332 498.9 504.9 519.8 546.6 542 553.7 561 288.2 610 620.9 614.1 613.9 615.1 609.2 590 586 583.4 584.1 574.8 576.7 561.3 548.3 545.1 559.6 337.7 337.2 326.4 299.2 276.1 265.5 255.9 253.0 224.0 218.9 206.6 195.4 182.1 195.8 170.4 170.6 162.8 157.6 161.2 165.0 167.3 161.2 160.5 168.2 177.2 188.2 187.7 192.8 241.4 249.8 242.0 208.3 199.7 193.0 169.9 163.0 155.7 146.6 142.2 147.5 118.5 122.6 128.2 133.7 126.2 127.7 123.1 119.6 121.6 116.8 115.7 112.2 109.9 94.4 96.0 92.2
Goodwill 708 634 723 731 738 634 754 0 0 634 0 0 0 634 0 0 0 634 1,342.7 1,359.3 1,351.1 634 969.4 944.3 929.1 954.9 937.3 960.3 950 954.8 3,857.4 3,857.8 3,890.6 3,880.1 3,873.4 3,848.4 3,808.6 3,800.7 3,837.8 3,835.1 3,847.6 3,814.1 3,835.4 3,811.7 3,790.8 3,865.5 2,245.8 2,301.3 2,296.3 1,735.7 1,742.0 1,736.1 1,743.7 1,751.1 1,458.7 1,450.3 1,455.1 1,449.4 1,442.7 1,462.7 1,229.0 1,221.8 1,214.6 1,162.0 1,173.1 1,166.3 1,162.4 1,145.2 1,126.4 1,133.8 1,165.4 1,176.6 1,176.3 1,185.8 1,234.3 1,215.1 1,195.0 970.0 927.5 922.9 866.9 858.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 82 0 0 0 112 0 744 753 128 771 780 790 165 690 694 682 53 64.1 69.6 74.9 77 89.3 109.6 129.9 153.3 174.4 195.8 189.6 217.4 603.1 667.8 739.8 800.6 813.4 875.9 934.7 1,003.3 1,077 1,128.8 1,187.4 1,203.7 1,268.6 1,339.0 1,405.5 1,516.0 752.6 791.2 840.1 460.4 489.6 520.8 552.7 582.9 403.1 347.6 365.8 383.6 403.3 424.6 302.0 314.4 332.0 283.1 300.1 316.6 259.7 273.3 284.9 297.8 303.4 314.0 327.5 343.4 382.0 405.3 416.3 263.9 262.2 274.6 252.2 265 1,066.3 937.5 937.4 942.9 604.4 612.5 621.7 628.1 569.5 533.0 538.0 505.1 518.2 514.3 520.2 492.0 489.4 447.3 457.0 444.5
Long-Term Investments 16,343 16,812 15,695 15,659 15,743 16,751 15,838 15,665 16,013 17,087 15,928 15,954 16,020 19,033 16,166 15,870 15,017 15,681 0 0 0 17,239 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 775.6 0 0 0 701.3 0 0 0 379.3 0 0 0 325.5 0 0 0 271.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1,508 392 1,236 1,329 1,384 428 1,363 1,347 1,403 493 1,342 1,349 1,324 590 1,212 1,786 1,856 1,502 625 627.7 543.5 901.7 608.9 618.3 668.9 682.1 675.6 710.6 651.1 4,171.6 671.4 640.3 651.6 656.5 600 534.1 505.7 514.7 535.2 530.9 557.1 504.4 536.8 491.3 533.4 507.9 453.1 438.1 354.1 345.7 319.0 258.0 258.8 251.0 227.6 277.6 298.5 301.5 795.8 534.0 500.4 389.6 397.6 512.1 385.0 442.7 913.1 920.6 880.0 116.2 1,247.6 1,226.1 749.6 35.0 740.3 684.7 638.7 326.4 602.7 603.7 550.4 325.9 496.6 495.0 489.3 531.3 434.6 451.5 493.7 524.2 442.3 426.3 418.9 419.3 371.3 383.3 369.7 383.5 380.9 437.1 384.9 304.7
Total Non-Current Assets 18,671 18,716 17,776 17,846 17,998 18,862 18,103 17,913 18,335 19,236 18,201 18,245 18,314 21,257 18,272 18,569 17,775 18,484 2,869.9 2,904.2 2,867.5 19,472.7 2,451.6 2,223.2 2,530.6 2,382.1 2,374.2 2,465.8 2,397.2 5,676 5,807.2 5,869.4 5,922.4 5,979.2 5,924.8 5,889.2 5,859.7 5,924.8 6,038 6,082.1 6,168.9 6,099.5 6,203.0 6,190.3 6,274.9 6,449.2 3,791.8 3,870.0 3,819.2 2,843.4 2,854.3 2,809.3 2,838.7 2,868.0 2,392.7 2,349.4 2,372.8 2,373.3 2,868.6 2,671.0 2,249.5 2,142.6 2,106.9 2,114.8 2,019.4 2,866.2 2,502.6 2,500.4 2,451.7 2,417.3 2,950.9 2,939.8 2,469.6 2,169.3 2,598.1 2,554.9 2,492.0 2,094.0 1,992.1 1,994.1 1,839.4 1,883.6 1,718.6 1,579.1 1,568.9 1,621.7 1,157.5 1,186.5 1,243.6 1,286.1 1,158.2 1,108.5 1,096.0 1,059.4 1,011.2 1,014.3 1,005.6 1,013.7 980.3 978.8 937.8 896.8
Total Assets 22,308 22,663 21,714 21,821 22,382 22,891 21,736 22,144 22,299 23,141 21,608 21,609 21,969 25,407 21,960 21,811 20,938 21,746 22,257.3 21,812.4 21,162.9 22,547 21,112.9 22,867.4 24,234.9 26,494.8 27,157.8 30,739.7 29,433.1 30,387.7 29,763 28,950.9 29,392.9 30,684.8 27,894.1 25,728.3 24,642.7 25,514.1 23,639.8 22,771.2 22,399.1 22,349.9 20,300.7 19,547.4 19,052.5 20,264.0 15,193.3 14,214.9 13,757.3 13,244.3 11,964.7 11,867.3 11,926.5 12,000.1 10,412.3 9,826.9 8,902.3 8,980.2 8,769.9 8,548.4 8,029.4 8,272.2 8,130.5 8,046.6 7,919.8 5,225.7 4,898.6 4,369.4 4,500.1 4,342.0 4,193.9 4,128.8 3,931.4 4,162.4 4,018.6 3,776.1 3,638.5 3,404.0 3,019.4 2,909.9 2,907.9 2,926.1 2,469.1 2,188.0 2,187.5 2,239.1 1,778.1 1,773.9 1,837.1 1,867.4 1,667.8 1,664.3 1,554.4 1,448.4 1,494.7 1,522.2 1,523.2 1,477.2 1,489.9 1,344.7 1,304.8 1,421.2
Current Liabilities
Account Payables 0 289 0 0 0 326 0 0 0 422 0 0 0 398 0 0 0 291 365.6 351.8 331.9 354 276.7 263.5 203 300.8 436.4 504.5 548.4 486.2 606.2 532 593.5 651.2 529.8 406.9 391 568.3 429.7 397.5 404 442.4 382.2 387.1 412.5 455.7 318.8 320.7 362.9 210.0 258.3 241.4 258.3 215.5 236.9 169.9 171.4 149.8 122.1 111.5 113.3 121.9 124.0 125.5 123.6 103.9 108.7 103.9 114.0 107.2 134.1 132.6 129.2 133.9 141.9 76.3 81.7 112.6 79.8 70.2 72.3 67.4 65.8 76.0 73.5 56.2 66.8 76.8 68.8 63.5 80.6 89.3 89.3 72.6 101.6 84.2 86.9 82.3 98.5 53.6 56.4 64.1
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,195.9 1,662.7 1,964 0 2,196.4 2,714.3 2,621.8 3,132.2 2,193.4 1,481.3 2,347.1 2,856.5 1,586.8 2,600.3 2,848.6 1,471.2 2,472 2,159.6 2,472.6 2,453.5 1,745.8 2,313.8 1,763 1,418.7 1,619.1 1,850.6 1,902.0 1,266.9 1,347.3 709.2 634.9 1,389.5 670.5 1,131.4 823.9 2,277.3 2,203.6 1,657.5 1,444.0 19.8 1,789.0 1,514.1 2,457.5 255.7 1,148.3 949.3 1,228.8 52.0 43.4 34.3 275.4 275.5 276.5 303.9 166.5 313.6 309.1 567.7 537.9 7.9 173.8 171.7 558.9 235.8 340.9 141.0 135.9 230.7 0 54.1 48.0 200.8 152.1 143.9 166.3 185.0 179.7 153.8 88.5 111.3 69.4 70.2 143.5 161.7
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 924.3 942.2 920.4 898.5 835.7 793.3 748.3 807.9 787.4 791.7 768.8 766.1 802.8 788.9 804.4 846.6 847 818.3 779 788.1 628.8 702.6 713.4 699 703.8 755.6 746.9 846.4 873.3 923.1 907.7 966.4 1,001.6 968.5 997.1 1,055.3 1,031.8 994.5 1,017.1 1,036.3 995.1 1,078.0 1,053.9 1,044.5 1,013.1 967.3 1,006.6 984.9 973.7 885.6 816.3 860.5 0 0 0 683.2 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
Other Current Liabilities 14,073 13,916 13,535 13,340 13,099 13,082 12,847 12,994 13,327 13,620 13,268 13,048 13,138 13,826 12,444 11,028 10,646 11,027 8,038.8 7,223.9 7,054 9,805 7,009.2 7,346.2 6,749.6 7,280.7 7,309.5 7,436.1 6,577.1 7,053 6,598.7 6,452.1 6,435.9 6,734.9 6,208.2 5,118.1 5,041.7 5,072.8 4,291 3,786.5 3,439.4 3,276.5 2,871.8 2,790.9 2,769.3 3,279.1 2,276.9 1,939.7 1,567.3 1,684.2 1,271.5 1,899.8 2,750.4 1,210.0 1,089.5 915.7 718.8 2,442.7 852.4 464.7 482.9 2,271.6 544.7 86.9 95.9 861.2 635.2 608.1 719.0 562.5 474.7 485.9 481.8 678.1 620.5 253.7 214.7 555.3 226.7 194.9 176.2 546.6 145.1 135.3 158.2 132.2 162.1 123.8 205.8 106.9 113.7 155.8 146.4 82.3 131.7 187.2 226.3 163.0 202.6 122.2 105.5 186.0
Total Current Liabilities 14,073 14,684 13,535 13,340 13,099 13,953 12,847 12,994 13,327 14,315 13,268 13,048 13,138 14,530 12,444 11,028 10,646 11,632 12,934.4 10,570 10,740.1 11,465.1 10,741.1 11,378 10,752.4 11,872 11,812.1 10,606.7 10,596.7 11,484 9,959.4 10,768.7 10,985.5 10,146.7 10,392.4 8,804.6 9,004.4 9,229.5 7,440.2 7,473.4 6,643.1 6,403.1 5,972.4 6,073.8 6,141.0 6,305.5 5,370.2 4,398.9 3,965.3 4,512.5 3,504.3 4,485.0 5,051.7 5,032.8 4,800.3 3,898.7 3,532.7 3,855.2 3,981.9 3,338.9 4,227.6 3,862.2 2,962.3 2,237.6 2,548.2 2,130.0 1,846.4 1,707.4 2,027.2 1,949.4 1,011.4 1,056.1 902.7 2,015.0 1,269.2 1,059.7 978.7 877.7 668.7 594.5 963.8 1,048.6 692.3 475.7 485.1 560.6 349.8 351.4 425.2 480.0 465.9 483.9 492.2 423.6 487.9 487.0 465.2 429.7 450.6 305.0 370.5 492.4
Non-Current Liabilities
Long-Term Debt 3,941 4,308 3,787 4,227 5,121 5,557 4,584 4,754 4,652 5,292 4,223 4,698 4,884 8,007 5,931 7,437 6,778 7,439 4,126.7 5,700.7 4,664.7 8,504 4,951.1 5,496.4 6,815 7,001.7 7,547.1 11,071.3 10,309.9 10,520.6 11,691.4 10,963.4 11,362.1 13,415.7 10,636.7 10,824.7 9,992.8 10,103.3 9,979.5 9,402.1 10,085.3 10,081.4 8,453.2 8,222.4 7,760.3 8,134.2 6,061.7 6,564.1 6,497.2 6,002.7 5,994.7 1,724.7 2,047.1 4,708.5 3,755.0 4,208.6 3,894.5 2,163.6 3,548.6 4,154.4 2,851.1 1,614.1 4,143.2 4,643.4 4,325.5 1,730.4 1,768.5 1,698.3 1,355.2 1,215.7 1,387.3 900.6 860.4 644.1 693.5 771.1 868.8 737.5 593.5 577.5 282.3 222.0 151.9 140.7 166.9 206.9 97.9 155.6 180.5 189.4 96.9 107.2 104.6 107.9 111.2 145.8 197.9 199.1 200.8 204.5 270.8 274.3
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 313 0 0 0 347 0 51.9 0 80 80.1 217.7 230.5 256.5 223.9 189.1 189.8 211.2 254.8 261.5 322 334.8 294.9 336.2 347 631.5 642.1 647.6 672.5 690.2 362.2 371.6 390.5 275.8 265.9 268.2 282.6 277.4 191.0 187.2 155.7 151.7 112.2 118.1 80.0 82.6 106.8 107.4 76.8 140.7 165.3 154.8 155.9 123.5 0 0 0 58.8 0 12.5 5.1 44.2 29.0 39.1 59.7 62.8 48.9 45.5 47.6 49.3 2.7 15.7 11.1 6.7 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 969 259 1,075 1,088 1,094 202 1,193 1,226 1,288 468 1,253 1,127 1,231 479 1,186 1,071 1,246 136 2,604.1 3,134 3,629.1 431.4 3,720.9 4,407.2 5,193.6 5,547 5,829 6,045.2 5,648.2 5,685.3 5,483.7 4,798.4 4,740.5 4,935.6 4,897.3 4,295.1 3,822 4,044.9 3,994.3 3,678.5 3,238.6 2,910.6 2,899.9 2,250.9 2,186.6 2,335.3 1,836.3 1,423.5 1,453.1 1,426.8 1,309.6 4,635.0 3,754.2 1,259.3 971.3 974.8 829.1 2,443.5 802.0 659.0 635.3 2,513.4 704.7 863.1 858.0 790.6 729.6 407.2 418.3 371.0 1,283.1 1,292.6 917.8 102.5 904.0 829.0 755.3 21.5 689.2 675.9 630.8 61.0 613.0 566.8 563.7 551.8 510.0 472.2 478.9 489.0 427.6 423.9 398.4 374.3 366.0 368.4 344.2 342.7 322.8 317.1 311.4 292.0
Total Non-Current Liabilities 4,910 4,652 4,862 5,315 6,215 5,887 5,777 5,980 5,940 5,908 5,476 5,825 6,115 8,612 7,117 8,508 8,024 8,028 7,077.3 9,194.5 8,658.5 9,559.9 9,049.2 10,334.8 12,394.8 13,034.5 13,848.8 17,741.3 16,596.9 16,571.6 17,512.4 16,062.9 16,406 18,682.8 15,908.1 15,498.9 14,274.8 14,626.4 14,415.8 13,568.1 13,822.4 13,769.4 12,143.6 11,280.9 10,773.1 11,326.5 8,425.0 8,526.0 8,499.3 7,876.0 7,749.0 6,801.5 6,270.3 6,438.9 5,119.6 5,567.2 5,076.1 4,949.1 4,642.0 5,122.4 3,750.8 4,386.9 5,122.5 5,774.2 5,425.1 2,822.9 2,819.8 2,403.1 2,059.1 1,845.3 2,670.4 2,193.1 1,778.2 950.4 1,597.5 1,612.5 1,629.3 1,454.8 1,311.8 1,292.5 972.7 956.4 813.8 753.0 778.2 807.9 610.6 643.5 670.5 685.1 524.6 531.1 503.0 482.2 477.2 514.2 542.1 541.8 523.6 521.6 582.1 566.4
Total Liabilities 18,983 19,336 18,397 18,655 19,314 19,840 18,624 18,974 19,267 20,223 18,744 18,873 19,253 23,142 19,561 19,536 18,670 19,660 20,011.7 19,764.5 19,398.6 21,025 19,790.3 21,712.8 23,147.2 24,906.5 25,660.9 28,348 27,193.6 28,055.6 27,471.8 26,831.6 27,391.5 28,829.5 26,300.5 24,303.5 23,279.2 23,855.9 21,856 21,041.5 20,465.5 20,172.5 18,115.9 17,354.6 16,914.2 17,632.0 13,795.2 12,924.9 12,464.6 12,388.5 11,253.2 11,286.5 11,322.0 11,471.7 9,919.8 9,465.9 8,608.7 8,804.3 8,623.9 8,461.3 7,978.5 8,249.1 8,084.7 8,011.8 7,973.4 4,952.9 4,666.2 4,110.6 4,086.3 3,794.7 3,681.8 3,249.2 2,680.8 2,965.4 2,866.7 2,672.2 2,607.9 2,332.5 1,980.5 1,887.0 1,936.5 2,005.0 1,506.1 1,228.7 1,263.3 1,368.6 960.4 994.9 1,095.7 1,165.1 990.4 1,015.0 995.2 905.8 965.1 1,001.2 1,007.3 971.5 974.2 826.7 952.6 1,058.8
Stockholders' Equity
Common Stock 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0.5 1.2 1.2 1 1.2 1.2 1.2 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 1.1 1.1 1.1 1.0 1.0 1.0 1.0 1.0 1.0 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.5 0.5
Retained Earnings 1,643 1,475 1,432 1,255 1,126 999 1,003 1,012 890 767 735 574 537 93 238 114 113 (87) 130.5 5,370.8 5,108 4,832 4,830.3 4,707.1 4,678.8 5,163.3 5,095.9 5,233.3 5,127.8 5,012.4 4,758.6 4,493.6 4,307.6 4,167.1 3,924.7 3,720.5 3,611.9 3,494.8 3,514.2 3,306.8 3,233.7 3,092.5 2,948.1 2,819.7 2,688.3 2,540.9 2,488.5 2,324.3 2,186.8 2,049.4 1,931.6 1,798.7 1,682.2 1,553.3 1,469.6 1,350.1 1,246.2 1,131.0 1,065.1 971.1 902.1 815.7 769.0 716.0 668.6 1,033.0 992.4 946.6 917.2 889.3 848.5 779.2 732.2 682.9 649.0 619.8 575.7 527.7 488.1 439.3 394.5 338.1 306.8 270.9 236.5 199.3 183.3 157.3 129.3 97.0 77.2 58.6 46.7 29.7 23.8 16.0 12.6 8.1 17.3 16.8 16.4 16.4
Accumulated Other Comprehensive Income (17) (16) (16) (19) (19) (22) (16) (22) (22) (19) (27) (20) (19) (21) (21) (14) (9) (2) (56.2) (33.1) (42.3) (5) (47.7) (87.5) (118.1) (99.9) (122) (121.7) (127.9) (138.1) (143.1) (136.4) (136.5) (140.2) (140.2) (141.6) (148.9) (150.7) (130.6) (131.2) (128.2) (137.3) (117.9) (124.3) (139.6) (75.5) (54.2) (14.2) (8.4) (18.2) (19.2) (19.1) (17.4) (21.9) (21.9) (22.9) (24.6) (23.1) (17.7) (39.0) (42.1) (34.5) (18.9) (13.5) (23.2) (65.7) (76.8) (68.2) (49.5) (47.8) 8.8 24.6 23.9 24.0 25.0 16.5 9.4 9.2 13.2 10.3 7.5 8.1 (11.5) (15.8) (18.2) (3.3) 2.5 (0.1) 1.5 (0.8) 3.9 0.1 (7.8) (3.9) (9.1) (8.7) (8.0) (6.7) (9.3) (6.9) (11.9) (0.2)
Total Stockholders' Equity 3,325 3,327 3,317 3,166 3,068 3,051 3,112 3,170 3,032 2,918 2,864 2,736 2,716 2,265 2,399 2,275 2,268 2,086 2,245.6 2,047.9 1,764.3 1,522 1,322.6 1,154.6 1,087.7 1,588.3 1,496.9 2,391.7 2,239.5 2,332.1 2,291.2 2,119.3 2,001.4 1,855.3 1,593.6 1,424.8 1,363.5 1,658.2 1,783.8 1,729.7 1,741.2 2,010 1,947.9 1,959.2 1,911.4 2,396.4 1,080.7 947.3 949.9 855.8 711.4 580.8 604.5 528.5 492.5 361.0 293.6 176.0 146.0 87.1 51.0 23.1 45.8 34.8 (53.6) 272.8 232.4 258.9 413.8 547.3 512.2 879.6 1,250.6 1,197.0 1,151.9 1,103.9 1,030.6 1,071.5 1,039.0 1,022.8 971.4 921.1 963.0 959.3 924.2 870.5 817.7 779.0 741.4 702.3 677.4 649.3 559.2 542.6 529.6 521.0 515.9 505.7 515.7 518.0 352.2 362.4
Total Liabilities & Equity 22,308 22,663 21,714 21,821 22,382 22,891 21,736 22,144 22,299 23,141 21,608 21,609 21,969 25,407 21,960 21,811 20,938 21,746 22,257.3 21,812.4 21,162.9 22,547 21,112.9 22,867.4 24,234.9 26,494.8 27,157.8 30,739.7 29,433.1 30,387.7 29,763 28,950.9 29,392.9 30,684.8 27,894.1 25,728.3 24,642.7 25,514.1 23,639.8 22,771.2 22,399.1 22,349.9 20,300.7 19,547.4 19,052.5 20,264.0 15,193.3 14,214.9 13,757.3 13,244.3 11,964.7 11,867.3 11,926.5 12,000.1 10,412.3 9,826.9 8,902.3 8,980.2 8,769.9 8,548.4 8,029.4 8,272.2 8,130.5 8,046.6 7,919.8 5,225.7 4,898.6 4,369.4 4,500.1 4,342.0 4,193.9 4,128.8 3,931.4 4,162.4 4,018.6 3,776.1 3,638.5 3,404.0 3,019.4 2,909.9 2,907.9 2,926.1 2,469.1 2,188.0 2,187.5 2,239.1 1,778.1 1,773.9 1,837.1 1,867.4 1,667.8 1,664.3 1,554.4 1,448.4 1,494.7 1,522.2 1,523.2 1,477.2 1,489.9 1,344.7 1,304.8 1,421.2
Debt Metrics
Total Debt 3,941 4,393 3,787 4,227 5,121 5,685 4,584 4,754 4,652 5,440 4,223 4,698 4,884 8,133 5,931 7,437 6,778 7,579 7,594.4 7,644.4 6,913.9 8,699.6 7,445.2 8,510.2 9,741.7 10,448.2 10,046.8 12,871.4 12,978.2 13,377.1 13,278.2 13,563.7 14,210.7 14,886.9 13,108.7 12,984.3 12,465.4 12,556.8 11,725.3 11,715.9 11,848.3 11,500.1 10,072.3 10,073.1 9,662.3 9,401.2 7,409.0 7,273.3 7,132.1 7,392.2 6,665.2 2,856.0 2,871.0 6,985.8 5,958.6 5,866.1 5,338.6 2,183.5 5,337.5 5,668.5 5,308.6 1,869.8 5,291.5 5,592.7 5,554.3 1,782.4 1,811.9 1,732.6 1,630.6 1,491.3 1,663.7 1,204.4 1,026.9 957.6 1,002.7 1,338.7 1,406.8 745.4 767.3 749.3 841.2 457.8 492.8 281.7 302.8 437.5 97.9 209.7 228.5 390.2 249.0 251.0 270.8 292.9 290.9 299.6 286.4 310.4 270.2 274.8 414.3 436.1
Net Debt 304 789 23 428 909 2,006 1,133 701 863 1,850 843 1,373 1,273 4,242 2,348 4,326 3,848 4,533 4,422.2 4,642.5 4,055.3 5,903.6 4,366.8 3,550.2 5,284.9 6,573.8 5,534.3 8,844.6 9,293.2 9,559.7 9,677.3 10,114.5 10,661.2 10,696.9 9,782.7 11,038.4 10,598.6 10,697.6 10,224.8 10,399.4 10,878.3 10,332.1 9,095.0 9,250.7 8,901.9 8,324.0 6,774.1 6,642.2 6,425.5 6,422.4 5,881.2 2,106.2 2,106.8 6,092.5 5,192.2 5,223.9 4,939.5 1,967.3 5,097.9 5,435.7 5,008.2 1,730.7 4,900.2 5,342.4 5,333.8 1,569.0 1,362.3 1,614.1 1,309.0 1,334.4 1,285.6 996.2 785.5 738.4 787.3 1,195.6 1,252.9 565.3 622.6 598.2 584.3 314.6 335.0 181.3 146.1 353.1 (61.1) 55.0 121.3 322.4 204.0 116.1 171.2 262.5 210.5 218.6 209.1 192.9 192.0 166.4 355.5 319.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4
Operating Activities
Net Income 181 54 188 138 138 7 2 134 134 43 172 48 455 (134) 134 13 210 17.6 223 273.5 286.2 12 133.3 38.4 30 97.5 (107.6) 139 149.1 284.9 296.4 217.9 163.9 271.3 233.3 137.7 146.4 10.6 207.4 140.7 158.9 177.9 130.4 130.1 164.8 76.2 165 139.2 135.7 117.9 132.9 116.4 129 0 119.5 103.8 115.2 0 94.0 69.0 86.4 46.7 53.1 47.3 46.7 40.6 45.8 29.4 27.9 51.8 69.3 47.0 49.3 33.9 29.2 44.1 56.9 39.6 48.8 44.8 56.4 31.3 35.9 34.4 37.2 16.0 26.0 28.0 32.3 24.4 23.2 11.9 12.3 10.0 7.8 3.9 4.5 (8.3) 0.5 (0.5) 0.1 (3.4)
Depreciation & Amortization 19 19 19 21 21 22 22 23 23 24 23 35 34 33 29 30 21 25.8 31 31.5 34 63.5 40.2 41.3 38.8 42.9 44.9 42.6 118.9 121.1 122.5 122 121.7 123.1 124.2 125.5 124.8 127.4 126.7 129.6 128.4 125 123.4 122.1 121.6 88.4 76.3 74.3 74.1 55.2 54.5 53.5 52.9 47.0 41.8 39.4 38.7 38.5 43.2 36 35.4 36.7 37.9 34.4 34.2 33.8 31.2 31.1 29.3 32.4 34.1 34.4 42.9 41.1 43.0 43.2 39.4 33.6 32.0 31.9 27.5 26.2 24.3 24.0 25.2 24.3 21.8 22.0 23.3 20.7 18.1 18.5 17.3 17.3 16.6 16.5 9.3 20.4 18.5 17.8 17.5 18.3
Stock-Based Compensation 15 15 13 15 13 13 13 13 15 12 10 13 9 9 8 9 7 4.4 9 9.2 6.8 5.1 5.2 6.3 4.7 0.5 3 30.2 21.1 16.6 17.9 20.8 25.5 11.6 18.3 21.7 23.5 17 18.1 21.5 19.9 21.4 21.8 24 27.5 22.7 18.3 15.9 15.6 15.8 15.4 15 13 12.9 12.4 12.9 12.3 11.0 12.3 11.1 9.1 16.1 11.0 12.4 10.6 10.3 14.6 10.7 18.0 54.3 0 0 6.5 56.2 0 0 12.1 43.1 0 0 7.3 15.8 0 0 1.4 15.8 0 0 0 5.9 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (73) 39 (13) 56 (121) 14 (45) (10) (26) 46 77 (99) 4 (33) 124 (209) 71 (66.4) 31 (159.8) 154.9 161.3 301.4 (188.4) 8.6 (873.7) 650.1 (47) 8.7 37.3 (134.4) 20.9 (108) 151 123.1 (28.6) (150.7) 1.1 7.4 (83.6) (245.8) 96.7 16.6 (7.2) (226.2) (76.8) 30.3 (60.7) 10.6 (138.4) 1.8 (3.8) (10.9) (20.5) 168.4 (101) 16.3 (20.8) 132.1 3.6 6.9 0.9 38.4 30.8 2.7 3.6 (31.8) (15.0) (73.5) (215.4) 70.0 400.5 (142.5) 127.2 100.8 16.0 (74.5) (58.6) 93.4 34.5 (20.8) 27.7 0.8 (5.4) 16.1 (20.7) 26.7 31.2 (17.6) (2.5) (24.5) (4.6) 72.3 (29.2) 46.8 10.9 (31.5) 32.7 54.0 3.0 (5.3) 0
Other Non-Cash Items 333 446 320 302 319 444 483 306 357 525 352 357 (85) 730 348 457 236 388.6 183 13.7 61.1 217.3 230.1 307.3 649.1 419.4 (10.5) 326.7 348 223 349.5 356.1 463 324.3 247.8 339.4 355.7 569.7 288.7 276.8 221.4 233.3 195.1 161.4 88.6 284.4 98.7 97.6 71.8 105 60.7 83.3 80.4 206.8 95.1 61.8 49.1 172.8 84.2 74.6 64.8 113.8 102.6 113.3 94.2 (5.4) 13.8 78.3 48.0 (152.0) (60.7) 86.8 15.2 (17.9) 46.8 4.9 (3.1) 63.3 (56.5) 72.7 3.6 (172.7) (9.1) 6.8 7.9 21.0 0.9 67.0 3.7 (17.6) (20.9) (32.0) 6.4 38.2 32.6 (25.7) 0 19.4 0 1.2 0.6 26.6
Operating Cash Flow 487 568 605 526 393 479 456 477 447 617 629 343 398 497 608 246 497 335 475 216 517.2 394.1 421.1 495 572.5 (312.5) 440.5 478.9 610.8 729.5 703.6 671.9 649.9 830 745.2 546.9 487.5 752 605.3 473.7 280.1 595.8 467.4 389.1 174.7 376.2 380.7 254.2 333.1 193.7 268.4 251.4 279 272.1 444.7 177.8 239.6 248.8 355.6 196.5 210.4 209.3 247.0 239.9 206.6 52.3 93.0 142.0 71.1 (219.2) 138.0 558.8 (26.5) 205.7 218.2 119.0 28.6 115.9 102.7 179.4 70.8 (79.5) 48.3 59.6 85.8 74.7 81.5 151.5 45.4 42.1 (3.8) (2.1) 102.5 36.2 103.7 5.6 (17.8) 64.3 72.9 21.5 11.0 41.4
Investing Activities
Capital Expenditure 0 0 (8) 0 0 0 26 (9) (17) (21) (10) 0 (11) (15) (11) (23) (20) (25.2) (24) (22.7) (12.2) (16.1) (11.8) (10.4) (15.7) (23.1) (27) (53.5) (38.7) (50.5) (50.8) (53.8) (44.7) (48.8) (59.8) (70.2) (46.6) (48.7) (50.7) (52.7) (54.9) (51.6) (52) (45.7) (42.4) (44.1) (37.3) (33.8) (43.5) (43.6) (32.8) (30.7) (28.3) (39.1) (21.8) (24.1) (31.4) (25.0) (14.6) (15.3) (18.6) (20.5) (16.8) (16.1) (15.4) (13.3) (15.5) (13.4) (10.9) (12.5) (8.6) (14.7) (13.9) (38.0) (31.1) (25.7) (21.9) (28.1) (23.6) (28.2) (20.4) (20.3) (17.0) (16.7) (11.9) (13.1) (12.9) (10.7) (11.6) (17.2) (3.2) (15.8) (10.7) (11.3) (10.4) (11.1) (9.6) (12.3) (8.5) (6.7) (9.1) (6.6)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (75) 0 22.7 0.2 (266.8) 1.3 10.4 25.4 40.1 4,810.3 53.5 (6.7) (55.4) (0.2) 0 19 0 59.8 70.2 (5.8) 480.1 50.7 52.7 0 51.6 (45.4) 45.7 5.6 (936.3) 37.3 33.8 (259.5) 43.6 32.8 30.7 45.2 (464.0) 0 0 0 (18.0) (0.9) 0 0 (0.5) 0 0 0 (164.2) 15.5 13.4 0 0.0 45.2 0 0 (8.0) (0.2) 0.7 (438.7) (72.4) (5) (92.0) (36.1) (1.2) (124.3) (13.0) (2.3) (328.7) 0 0 0 (3.6) 15.6 (0.1) (33.0) (0.7) (9.2) 0 (26.0) (0.3) 0 0 (18.8) 0
Purchases of Investments (8) (2) (5) (9) (6) (2) (6) (11) (12) (21) (15) (17) (7) (8) (5) (5) (18) (15.6) (17) (38) (22.3) (17.9) (7.7) 14 (14) (6.4) 11.7 (8) (5) (16.9) (22.5) (25.1) (25) (21.2) (75.3) (4.8) (0.1) (97.3) (161.7) (5.7) (3.8) (0.0) (21.2) (9.8) (7.8) (15.9) (3.9) (104.3) (1.7) (12.8) (5.3) 27.4 (45.7) 385.9 (358.6) (62.3) 0 22.2 (72.6) (8.6) (5.0) (239.4) 0 0 0 112.9 (117.1) (81.1) (118.3) (423.6) 0 0 0 0 0 0 0 0 0 0 0 (155.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 4 4 6 5 5 4 3 4 3 14 4 3 3 5 7 6 12 12.3 26 12.5 22.1 19 26.3 18 289.5 13.3 440.7 4.8 6.4 1,145.5 (0.2) 4.6 6 4.3 5.2 27.1 5.9 480.1 5.9 29 3.7 3.8 3.2 2.6 2.2 2.7 1.4 1.5 1.7 1.2 0.6 0.5 0.5 0 0 0 257.5 0 14.6 0 0 (243.5) 2.5 (111.2) 404.6 14.6 0.1 28.1 9.6 91.9 0 0 0 0 0 0 0 0 0 0 0 93.5 12.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 321 (1,505) (339) (217) 692 (1,353) (563) 47 746 (1,763) (260) (261) 3,156 (3,605) (582) (1,185) 336 (1,968.2) (139) (448.9) 1,021.2 (1,308.7) 16.7 1,561.7 1,461.1 (813.6) (1,070.9) (1,228.6) 761.5 (2,034) (550.8) (554.8) 437.6 (2,184.7) (947) (1,324.3) 327.6 (2,718.2) (834.4) (444.4) (692.7) (2,184.6) (648.3) (669.3) 379.7 (1,880.6) (1,208.8) (548.4) 302.6 (1,222.5) (37.9) (101.6) (229.7) (1,365.7) (195.2) (661.4) (91.3) (278.1) (392.0) (511.1) 282.3 (0.9) (6.5) (130.9) 53.9 (459.1) (12.4) (77.3) 0.5 99.1 (14.1) (348.6) 87.2 (128.0) (94.6) (47.1) 137.7 (240.3) (45.5) (53.9) 102.7 (111.7) (36.6) (23.9) 92.4 (110.7) 6.0 6.1 71.4 (126.1) (88.3) 19.4 10.0 (77.4) (59.7) (18.4) 41.1 (41.0) (94.5) 8.0 (9.3) 4.4
Investing Cash Flow 317 (1,503) (338) (221) 691 (1,351) (569) 31 720 (1,791) (281) (281) 3,141 (3,623) (591) (1,207) 310 (2,071.7) (154) (474.4) 1,009 (1,590.5) 24.8 1,593.7 1,746.3 (789.7) 4,164.8 (1,231.8) 717.5 (1,011.3) (624.5) (629.1) 392.9 (2,250.4) (1,017.1) (1,302) 281 (1,904) (990.2) (421.1) (747.7) (2,180.8) (763.7) (676.6) 337.3 (2,874.3) (1,211.3) (651.1) (0.4) (1,234.1) (42.6) (73.7) (258) (1,482.8) (575.6) (747.8) 134.8 (298.9) (465.5) (535) 258.7 (504.9) (20.8) (258.2) 443.1 (509.1) (129.5) (130.3) (119.1) (245.0) 22.5 (363.3) 73.3 (174.0) (125.9) (72.0) (322.9) (340.9) (74.1) (174.1) 46.2 (194.7) (166.0) (53.6) 78.1 (452.5) (6.9) (4.6) 59.8 (146.9) (75.9) 3.5 (33.7) (89.3) (79.3) (29.5) 5.5 (53.6) (102.9) 1.3 (37.2) (2.2)
Financing Activities
Net Debt Issuance (433) 473 (448) (907) (435) 942 (329) 101 (651) 1,067 (477) (161) (3,125) 2,075 (1,509) 656 (662) 765 (40) 730 (1,889) (1,101.5) (1,058.8) (1,230.3) (700.4) 405.2 (2,821.5) (120.3) (701.1) 122.3 (282) (607.9) (1,158.4) 1,761.7 87.7 458.8 (100.7) 876.3 740.3 (127) 325.7 1,481.6 (1.3) 407.7 272.3 1,996.5 146.4 137.8 (523.1) 719.2 (1,239.1) (109.5) (53.4) 523.8 71.6 507.2 (124.9) (422.9) 191.6 338.7 (267.5) 722.4 (24.0) 18.8 (718.9) (595.5) 423.6 69.6 373.7 674.5 109.2 (194.9) (19.2) (45.2) 174.5 (283.9) 362.0 357.2 86.8 (171.3) 3.3 (37.2) 208.5 (56.9) (99.1) 291.7 (79.8) (110.2) (69.9) 140.5 (4.6) (29.3) (23.0) 1.5 (14.3) 13.2 (25.9) 36.5 (0.8) (139.5) (21.8) 6.0
Stock Repurchased (153) (123) (40) (47) (103) (44) 0 0 (11) 0 (35) 0 0 0 0 0 (12) 0 0 0 0 0 0 0 0 (0.2) (753.1) 0 (222.8) (246.2) (102.5) (94.5) 0 0 (53.8) (84.9) (415) (106) (170.2) (113.8) (408.8) (94.7) (180.2) (134.1) (542.6) (69.1) (15.7) (157.2) (44.6) 0 (23.1) (156.3) (51.7) (60.5) (6.3) (56.5) (2.5) (54.6) (69.7) (55.2) (61.4) (72) (62.2) 0 (14.5) (28.1) (103.7) (154.2) (159.8) (140.8) (411.0) 0 0 0 0 0 (108.5) (26.3) (55.3) (38.8) (25.6) (84.8) (43.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (14) (11) (9) (10) (12) (11) (10) (11) (11) (10) (11) (10) (11) (11) (10) (12) (10) (11) (10) (10) (11) (10.1) (10.1) (10.1) (30.3) (30) (30.4) (33.1) (33.9) (30.7) (31.2) (31.6) (31.7) (28.7) (28.8) (29) (29) (30) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Financing Activities 125 445 191 241 (12) 228 (149) (334) (302) 338 219 (172) (698) 1,381 1,413 380 (412) 1,011 258 (344) 159 2,006.6 (1,083.8) (167.8) (772.7) (383) (94.5) 1,239.8 (525.2) 442.7 778.7 78.8 (23.7) 530.4 1,644.9 491.1 (218.2) 754.1 0.2 534.7 346.8 393.2 637.4 75 (541.4) 1,024.0 707.1 338.7 (24.7) 508.2 1,067.7 75.3 (44.2) 870.3 179.0 359.5 (72.4) 495.9 (2.3) (21.7) 8.7 (608.8) (1.0) 7.0 3.6 833.9 24.1 (141.3) (0.9) (180.0) 206.3 354.3 (0.5) 59.3 (201.2) 217.0 2.1 (76.7) (73.5) 79.2 4.4 379.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Financing Cash Flow (475) 784 (306) (723) (562) 1,115 (488) (244) (975) 1,395 (304) (343) (3,834) 3,445 (106) 1,024 (1,096) 1,765 208 376 (1,741) 897.8 (2,152.7) (1,408.2) (1,503.4) 4.4 (3,699.5) 1,086.4 (1,483) 288.1 363 (655.2) (1,213.8) 2,281.8 1,650 836 (762.9) 1,512.8 570.3 293.9 263.7 1,780.1 455.9 348.6 (811.7) 2,951.4 837.7 319.3 (592.3) 1,232.9 (194.5) (187.0) (147.3) 1,339.2 248 814.7 (192.9) 25.0 122.2 269.7 (307.6) 43.6 (85.0) 48.9 (723.2) 215.4 362.9 (222.7) 214.6 261.3 12.9 (277.5) (17.0) 14.9 (26.2) (60.3) 268.7 263.6 (35.3) (112.7) (3.3) 258.9 173.5 (62.3) (91.6) 300.6 (69.7) (99.0) (65.5) 145.1 1.0 41.0 (22.1) 3.3 (13.1) 15.6 (21.9) 33.1 (1.3) 20.9 (20.3) 6.1
Cash Position
Net Change in Cash 329 (151) (39) (418) 522 243 (601) 264 192 221 44 (281) (295) 319 (89) 63 (289) 32.4 524 120.2 (216.3) (287.7) (1,700.2) 685.2 807.8 (1,093.6) 897 338.7 (151.7) (2.6) 443.1 (614.8) (172.7) 864 1,380.1 79.1 7.6 358.7 184 346.5 (198) 190.7 155 61.9 (316.8) 442.4 3.6 (75.4) (263.2) 185.8 34.2 (14.3) (129.3) 127.0 124.1 243.2 182.8 (23.4) 6.8 (67.6) 161.3 (252.1) 140.9 29.8 7.2 (236.2) 331.2 (203.2) 164.7 (221.3) 167.7 (79.0) 23.7 50.5 72.2 (10.7) (26.2) 35.3 (6.3) (105.8) 113.6 (14.6) 57.4 (56.3) 72.3 (74.6) 4.4 47.5 39.4 22.7 (89.9) 35.3 69.2 (50.0) (0.5) 3.7 (40.2) 39.3 (30.1) 49.6 (58.2) 43.2
Cash at Beginning 3,628 3,779 3,818 4,236 3,714 3,471 4,072 3,808 3,616 3,395 3,351 3,632 3,927 3,608 3,697 3,634 3,923 3,890.6 3,367 3,246.9 3,463.2 3,750.9 5,451.1 4,765.9 3,958.1 5,051.7 4,154.7 3,816 3,967.7 3,970.3 3,527.2 4,142 4,314.7 3,326 1,945.9 1,866.8 1,859.2 1,500.5 1,316.5 970 1,168 977.3 822.3 760.4 1,077.2 634.8 631.2 706.6 969.8 784 749.8 764.1 893.4 766.3 642.2 399 216.2 239.6 232.8 300.4 139.1 391.2 250.3 220.6 213.4 449.6 118.4 321.6 156.9 378.2 210.5 289.5 265.8 215.3 143.1 153.9 180.1 144.7 151.0 256.8 143.2 157.8 100.4 156.7 84.4 159.0 154.6 107.2 67.7 45.1 135.0 99.7 30.4 80.5 81.0 77.3 117.5 78.2 108.3 58.8 116.9 73.8
Cash at End 3,957 3,628 3,779 3,818 4,236 3,714 3,471 4,072 3,808 3,616 3,395 3,351 3,632 3,927 3,608 3,697 3,634 3,923 3,891 3,367.1 3,246.9 3,463.2 3,750.9 5,451.1 4,765.9 3,958.1 5,051.7 4,154.7 3,816 3,967.7 3,970.3 3,527.2 4,142 4,190 3,326 1,945.9 1,866.8 1,859.2 1,500.5 1,316.5 970 1,168 977.3 822.3 760.4 1,077.2 634.8 631.2 706.6 969.8 784 749.8 764.1 893.4 766.3 642.2 399 216.2 239.6 232.8 300.4 139.1 391.2 250.3 220.6 213.4 449.6 118.4 321.6 156.9 378.2 210.5 289.5 265.8 215.3 143.1 153.9 180.1 144.7 151.0 256.8 143.2 157.8 100.4 156.7 84.4 159.0 154.6 107.2 67.7 45.1 135.0 99.7 30.4 80.5 81.0 77.3 117.5 78.2 108.3 58.8 116.9
Free Cash Flow 487 568 597 526 393 479 482 468 430 596 619 343 387 482 597 223 477 309.8 451 193.3 505 378 409.3 484.6 556.8 (335.6) 413.5 425.4 572.1 679 652.8 618.1 605.2 781.2 685.4 476.7 440.9 703.3 554.6 421 225.2 544.2 415.4 343.4 132.3 332.1 343.4 220.4 289.6 150.1 235.6 220.7 250.7 233.0 422.9 153.7 208.2 223.9 341 181.2 191.8 188.8 230.2 223.9 191.1 39.0 77.6 128.6 60.2 (231.7) 129.5 544.1 (40.4) 167.7 187.1 93.4 6.7 87.7 79.1 151.2 50.4 (99.8) 31.3 43.0 73.9 61.7 68.5 140.8 33.8 24.9 (7.0) (18.0) 91.7 25.0 93.3 (5.5) (27.4) 52.0 64.5 14.7 1.8 34.8
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3
Income Statement
Revenue 1,211 1,174 1,181 1,149 1,195 1,156 1,223 1,180 1,239 1,255 1,250 1,157 1,513 1,228 1,123 1,009 1,012 75.5 851 764 802 1,109.9 1,050.5 979.3 1,381.8 1,461 1,437.6 1,348.5 1,334.2 2,055.9 1,423.1 1,397.2 1,381.7 2,106.2 1,912.4 1,821.8 1,879 1,827.6 1,885.6 1,748.8 1,676.1 1,748.9 1,589.1 1,500.6 1,601.2 1,485.7 1,319.1 1,265.2 1,232.9 1,141.1 1,096.4 1,028.1 1,053.4 971.8 911.5 866.5 891.6 847.5 844.8 740.5 740.4 755.7 702.4 669.7 663.5 540.5 481.4 457.5 479.5 523.2 511.2 507.2 499.2 613.4 575.5 481.8 466.3 531.1 506.6 490.4 477.2 421.2 384.8 370.6 375.9 346.8 298.9 299.7 312.0 305.7 259.1 251.0 240.2 236.8 218.7 205.5 210.3 213.9 201.7 183.7 180.7 177.2 168.8
Gross Profit 715 975 672 655 674 508 614 649 670 535 727 616 1,188 341 686 510 740 649.1 518 416.2 478.7 394.7 452.7 358.8 744 614.2 610.1 550.2 549.8 734.4 632.3 670 658.2 803 700.6 669.9 711.7 510.7 731.7 617.2 573.4 632.5 606 523.3 533.2 521.8 490.3 418.9 392.7 394.5 394.0 325.3 350.5 106.6 337.7 287.0 299.0 49.9 367.9 309.2 335.9 (5.9) 317.2 311.0 302.5 17.8 154.9 131.0 158.2 102.8 176.1 166.2 174.4 83.9 174.0 161.9 172.8 90.8 149.3 136.1 146.9 109.0 107.2 99.9 111.7 85.5 80.0 82.1 92.5 76.7 67.8 64.5 59.8 58.9 51.1 44.8 45.6 55.5 48.4 37.9 37.4 34.8 32.9
Operating Income 243 47 196 174 197 (27) 40 180 188 18 225 86 638 (208) 189 16 302 (12.8) 382.8 473.3 503.1 258.8 291 174.7 164 309 304.2 337.3 356.9 574.2 479.8 396.7 372.3 462.7 478.9 351.4 352.4 179.7 421 320.6 344.3 364.1 287.5 285.7 324.5 212.5 321.6 282.5 281.8 249.7 288.8 269.2 291.2 216.7 264.5 240.5 252.6 181.3 227.7 191.8 211.9 140.6 170.0 160.4 158.2 128.5 93.5 80.6 101.6 108.0 119.8 114.2 118.6 78.3 66.5 102.2 120.6 75.5 89.2 83.2 99.4 54.2 59.8 57.3 62.2 28.0 42.8 46.2 55.1 42.9 36.8 35 214.6 24.8 22.9 18.1 14.8 18.8 15.6 11.8 10.6 7.5 6.2
Net Income 181 53 188 139 138 7 2 133 134 43 171 48 455 (134) 134 12 210 17.6 224 274 286 12 133.3 38.4 30 97.5 (107.6) 139 149.1 284.9 296.5 217.8 163.9 271.3 233.2 137.7 146.4 10.6 207.5 140.7 157.1 174.2 128.4 131.3 162.6 67.2 164.2 137.4 137.4 117.9 132.9 116.4 129.0 83.7 119.5 103.8 115.2 65.9 94.0 69.0 86.4 46.7 53.1 47.3 46.7 40.6 45.8 29.4 27.9 51.8 69.3 47.0 49.3 33.9 29.2 44.1 56.9 39.6 48.8 44.8 56.4 31.3 35.9 34.4 37.2 16.0 26.0 28.0 32.3 24.4 21.1 14.1 12.3 10.6 7.8 3.4 4.5 (8.3) (4.3) (0.0) 0.1 (3.4) (4.0)
EPS (Diluted) 4.15 1.16 3.96 2.94 2.78 0.14 0.04 2.65 2.70 0.87 3.41 0.95 9.08 -2.69 2.69 0.24 4.20 0.27 4.47 5.47 5.74 0.25 2.79 0.81 0.63 2.73 -2.13 2.64 2.80 5.25 5.39 3.93 2.95 4.88 4.20 2.47 2.58 0.18 3.55 1.24 2.35 2.31 2.08 2.11 2.32 0.86 2.74 2.19 2.08 1.79 2.01 1.71 1.92 1.27 1.84 1.63 1.86 1.12 1.60 1.19 1.56 0.84 0.96 0.83 0.84 0.73 0.83 0.51 0.45 0.84 0.99 0.60 0.61 0.42 0.36 0.55 0.70 0.49 0.60 0.55 0.69 0.38 0.42 0.40 0.43 0.19 0.31 0.33 0.39 0.29 0.26 0.18 0.16 0.14 0.10 0.04 0.06 -0.11 -0.06 -0.01 -0.04 -0.07 -0.09
Balance Sheet
Cash & Equivalents 3,637 3,604 3,764 3,799 4,212 3,679 3,451 4,053 3,789 3,590 3,380 3,325 3,611 3,891 3,583 3,111 2,930 3,046 3,172.2 3,001.9 2,858.6 2,796 3,078.4 4,960 4,456.8 3,874.4 4,512.5 4,026.8 3,685 3,817.4 3,600.9 3,449.2 3,549.5 4,190 3,326 1,945.9 1,866.8 1,859.2 1,500.5 1,316.5 970 1,168 977.3 822.3 760.4 1,077.2 634.8 631.2 706.6 969.8 784.0 749.8 764.1 893.4 766.3 642.2 399.0 216.2 239.6 232.8 300.4 139.1 391.2 250.3 220.6 213.4 449.6 118.4 321.6 156.9 378.2 208.2 241.4 219.2 215.3 143.1 153.9 180.1 144.7 151.0 256.8 143.2 157.8 100.4 156.7 84.4 159.0 154.6 107.2 67.7 45.1 135.0 99.7 30.4 80.5 81.0 77.3 117.5 78.2 108.3 58.8 116.9
Total Assets 22,308 22,663 21,714 21,821 22,382 22,891 21,736 22,144 22,299 23,141 21,608 21,609 21,969 25,407 21,960 21,811 20,938 21,746 22,257.3 21,812.4 21,162.9 22,547 21,112.9 22,867.4 24,234.9 26,494.8 27,157.8 30,739.7 29,433.1 30,387.7 29,763 28,950.9 29,392.9 30,684.8 27,894.1 25,728.3 24,642.7 25,514.1 23,639.8 22,771.2 22,399.1 22,349.9 20,300.7 19,547.4 19,052.5 20,264.0 15,193.3 14,214.9 13,757.3 13,244.3 11,964.7 11,867.3 11,926.5 12,000.1 10,412.3 9,826.9 8,902.3 8,980.2 8,769.9 8,548.4 8,029.4 8,272.2 8,130.5 8,046.6 7,919.8 5,225.7 4,898.6 4,369.4 4,500.1 4,342.0 4,193.9 4,128.8 3,931.4 4,162.4 4,018.6 3,776.1 3,638.5 3,404.0 3,019.4 2,909.9 2,907.9 2,926.1 2,469.1 2,188.0 2,187.5 2,239.1 1,778.1 1,773.9 1,837.1 1,867.4 1,667.8 1,664.3 1,554.4 1,448.4 1,494.7 1,522.2 1,523.2 1,477.2 1,489.9 1,344.7 1,304.8 1,421.2
Total Debt 3,941 4,393 3,787 4,227 5,121 5,685 4,584 4,754 4,652 5,440 4,223 4,698 4,884 8,133 5,931 7,437 6,778 7,579 7,594.4 7,644.4 6,913.9 8,699.6 7,445.2 8,510.2 9,741.7 10,448.2 10,046.8 12,871.4 12,978.2 13,377.1 13,278.2 13,563.7 14,210.7 14,886.9 13,108.7 12,984.3 12,465.4 12,556.8 11,725.3 11,715.9 11,848.3 11,500.1 10,072.3 10,073.1 9,662.3 9,401.2 7,409.0 7,273.3 7,132.1 7,392.2 6,665.2 2,856.0 2,871.0 6,985.8 5,958.6 5,866.1 5,338.6 2,183.5 5,337.5 5,668.5 5,308.6 1,869.8 5,291.5 5,592.7 5,554.3 1,782.4 1,811.9 1,732.6 1,630.6 1,491.3 1,663.7 1,204.4 1,026.9 957.6 1,002.7 1,338.7 1,406.8 745.4 767.3 749.3 841.2 457.8 492.8 281.7 302.8 437.5 97.9 209.7 228.5 390.2 249.0 251.0 270.8 292.9 290.9 299.6 286.4 310.4 270.2 274.8 414.3 436.1
Stockholders' Equity 3,325 3,327 3,317 3,166 3,068 3,051 3,112 3,170 3,032 2,918 2,864 2,736 2,716 2,265 2,399 2,275 2,268 2,086 2,245.6 2,047.9 1,764.3 1,522 1,322.6 1,154.6 1,087.7 1,588.3 1,496.9 2,391.7 2,239.5 2,332.1 2,291.2 2,119.3 2,001.4 1,855.3 1,593.6 1,424.8 1,363.5 1,658.2 1,783.8 1,729.7 1,741.2 2,010 1,947.9 1,959.2 1,911.4 2,396.4 1,080.7 947.3 949.9 855.8 711.4 580.8 604.5 528.5 492.5 361.0 293.6 176.0 146.0 87.1 51.0 23.1 45.8 34.8 (53.6) 272.8 232.4 258.9 413.8 547.3 512.2 879.6 1,250.6 1,197.0 1,151.9 1,103.9 1,030.6 1,071.5 1,039.0 1,022.8 971.4 921.1 963.0 959.3 924.2 870.5 817.7 779.0 741.4 702.3 677.4 649.3 559.2 542.6 529.6 521.0 515.9 505.7 515.7 518.0 352.2 362.4
Cash Flow
Operating Cash Flow 487 568 605 526 393 479 456 477 447 617 629 343 398 497 608 246 497 335 475 216 517.2 394.1 421.1 495 572.5 (312.5) 440.5 478.9 610.8 729.5 703.6 671.9 649.9 830 745.2 546.9 487.5 752 605.3 473.7 280.1 595.8 467.4 389.1 174.7 376.2 380.7 254.2 333.1 193.7 268.4 251.4 279 272.1 444.7 177.8 239.6 248.8 355.6 196.5 210.4 209.3 247.0 239.9 206.6 52.3 93.0 142.0 71.1 (219.2) 138.0 558.8 (26.5) 205.7 218.2 119.0 28.6 115.9 102.7 179.4 70.8 (79.5) 48.3 59.6 85.8 74.7 81.5 151.5 45.4 42.1 (3.8) (2.1) 102.5 36.2 103.7 5.6 (17.8) 64.3 72.9 21.5 11.0 41.4
Capital Expenditure 0 0 (8) 0 0 0 26 (9) (17) (21) (10) 0 (11) (15) (11) (23) (20) (25.2) (24) (22.7) (12.2) (16.1) (11.8) (10.4) (15.7) (23.1) (27) (53.5) (38.7) (50.5) (50.8) (53.8) (44.7) (48.8) (59.8) (70.2) (46.6) (48.7) (50.7) (52.7) (54.9) (51.6) (52) (45.7) (42.4) (44.1) (37.3) (33.8) (43.5) (43.6) (32.8) (30.7) (28.3) (39.1) (21.8) (24.1) (31.4) (25.0) (14.6) (15.3) (18.6) (20.5) (16.8) (16.1) (15.4) (13.3) (15.5) (13.4) (10.9) (12.5) (8.6) (14.7) (13.9) (38.0) (31.1) (25.7) (21.9) (28.1) (23.6) (28.2) (20.4) (20.3) (17.0) (16.7) (11.9) (13.1) (12.9) (10.7) (11.6) (17.2) (3.2) (15.8) (10.7) (11.3) (10.4) (11.1) (9.6) (12.3) (8.5) (6.7) (9.1) (6.6)
Free Cash Flow 487 568 597 526 393 479 482 468 430 596 619 343 387 482 597 223 477 309.8 451 193.3 505 378 409.3 484.6 556.8 (335.6) 413.5 425.4 572.1 679 652.8 618.1 605.2 781.2 685.4 476.7 440.9 703.3 554.6 421 225.2 544.2 415.4 343.4 132.3 332.1 343.4 220.4 289.6 150.1 235.6 220.7 250.7 233.0 422.9 153.7 208.2 223.9 341 181.2 191.8 188.8 230.2 223.9 191.1 39.0 77.6 128.6 60.2 (231.7) 129.5 544.1 (40.4) 167.7 187.1 93.4 6.7 87.7 79.1 151.2 50.4 (99.8) 31.3 43.0 73.9 61.7 68.5 140.8 33.8 24.9 (7.0) (18.0) 91.7 25.0 93.3 (5.5) (27.4) 52.0 64.5 14.7 1.8 34.8