BHC - Bausch Health Companies Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$8.00
DETAILS
HIGH:
$8.00
LOW:
$8.00
MEDIAN:
$8.00
CONSENSUS:
$8.00
UPSIDE:
42.22%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 10,445.7 | 9,625 | 8,757 | 8,124 | 8,434 | 8,027 | 8,601 | 8,380 | 8,724 | 9,674 | 10,442 | 8,200 | 5,765.6 | 3,480.4 | 2,463.4 | 1,146.1 | 820.4 | 757.2 | 842.8 | 1,070.5 | 935.5 | 886.5 | 823.7 | 788.0 | 583.3 | 309.2 | 176.5 | 112.8 | 82.4 | 66.4 | 20.6 | 17.3 | 11.1 |
| Cost of Revenue | 4,084.3 | 2,782 | 2,559 | 2,364 | 2,394 | 2,249 | 2,350 | 2,351 | 2,548 | 2,573 | 2,446 | 2,203 | 1,528.7 | 890.9 | 726.8 | 405.8 | 325.1 | 197.2 | 223.7 | 223.3 | 206.8 | 229.5 | 139.5 | 164.7 | 126.0 | 68.0 | 28.2 | 23.6 | 27.7 | 23.2 | 4.2 | 4.3 | 2.1 |
| Gross Profit | 6,361.4 | 6,843 | 6,198 | 5,760 | 6,040 | 5,778 | 6,251 | 6,029 | 6,176 | 7,101 | 7,996 | 5,997 | 4,236.9 | 2,589.5 | 1,736.6 | 740.4 | 495.3 | 560.0 | 619.1 | 847.2 | 728.7 | 657.0 | 684.3 | 623.3 | 457.3 | 241.1 | 148.3 | 89.2 | 54.7 | 43.2 | 16.4 | 13 | 9 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 640.0 | 634 | 604 | 530 | 473 | 485 | 516 | 442 | 369 | 469 | 440 | 266 | 156.8 | 79.1 | 174.9 | 157.6 | 14.1 | 92.8 | 118.1 | 95.5 | 88.9 | 72.5 | 86.6 | 52.1 | 51.0 | 52.7 | 33.1 | 17.5 | 0 | 7.5 | 0 | 0 | 0 |
| SG&A Expenses | 3,498.2 | 3,283 | 2,895 | 2,531 | 2,492 | 2,367 | 2,554 | 2,473 | 2,582 | 2,782 | 2,700 | 2,026 | 1,305.2 | 756.1 | 584.3 | 329.2 | 178.6 | 188.9 | 161.0 | 238.4 | 231.1 | 274.6 | 242.8 | 165.7 | 110.1 | 58.1 | 29.6 | 17.6 | 14 | 10.2 | 12.6 | 9.3 | 8.5 |
| Other Expenses | 0 | 1,380 | 1,736 | 2,245 | 2,625 | 2,250 | 3,384 | 5,498 | 3,123 | 4,416 | 3,329 | 1,704 | 3,184.4 | 0 | 546.8 | (141.9) | 0 | 83.9 | 151.3 | 268.6 | 83.9 | 203.8 | 350.1 | 103.4 | 44.5 | 0 | 10.1 | 5 | 3.2 | 2 | 1.2 | 0.8 | 0.7 |
| Operating Expenses | 4,138.2 | 5,297 | 5,235 | 5,306 | 5,590 | 5,102 | 6,454 | 8,413 | 6,074 | 7,667 | 6,469 | 3,996 | 4,646.4 | 2,508.1 | 1,306.0 | 344.9 | 192.7 | 365.7 | 430.5 | 602.5 | 403.9 | 550.8 | 679.5 | 321.3 | 205.6 | 110.7 | 72.8 | 40.1 | 17.2 | 19.7 | 13.8 | 10.1 | 9.2 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 2,223.2 | 1,546 | 963 | 454 | 450 | 676 | (203) | (2,384) | 102 | (566) | 1,527 | 2,001 | (409.5) | 79.7 | 525.3 | (110.1) | 181.2 | 196.1 | 188.0 | 454.4 | 313.3 | 221.3 | 4.8 | 134.3 | 251.6 | 130.4 | 75.5 | 49.1 | 37.5 | 23.5 | 2.6 | 2.8 | (0.2) |
| Interest Expense | 1,642.3 | 1,388 | 1,328 | 1,464 | 1,426 | 1,534 | 1,612 | 1,685 | 1,840 | 1,836 | 1,563.2 | 971 | 844.3 | 481.6 | 330.4 | 84.3 | 25.4 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 48.8 | 33 | 26 | 14 | 7 | 13 | 12 | 11 | 12 | 8 | 3.3 | 5 | 8.0 | 6 | 0 | 1.3 | 1.1 | 9.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 3,244.8 | 3,134 | 2,885 | 2,878 | 3,260 | 3,138 | 3,417 | 3,319 | 3,413 | 4,071 | 5,105 | 3,912 | 2,847.7 | 1,789.3 | 901.3 | 102.5 | 349.1 | 230.8 | 289.4 | 349.7 | 440.8 | 323.6 | 272.3 | 392.0 | 319.5 | 151.9 | 85.6 | 54.1 | 40.7 | 25.5 | 3.8 | 3.6 | 0.5 |
| EBIT | 2,015.7 | 1,867 | 1,621 | 1,484 | 1,708 | 1,313 | 1,342 | 500 | 555 | 1,205 | 2,638 | 2,298 | 1,437.9 | 803.1 | 306.1 | (152.0) | 199.8 | 127.9 | 188.7 | 254.0 | 333.1 | 229.9 | 4.8 | 302.0 | 251.6 | 130.4 | 75.5 | 49.1 | 37.5 | 23.5 | 2.6 | 2.8 | (0.2) |
| Income Before Tax | 373.4 | 167 | (390) | (129) | (1,024) | (934) | (1,837) | (4,154) | (1,741) | (2,435) | (155) | 1,054 | (1,314.5) | (394.2) | (18) | (236.3) | 175.0 | 109.7 | 208.7 | 224.1 | 279.6 | 175.2 | (44.3) | 109.3 | 102.7 | (75.1) | 66.7 | 47.4 | 37.1 | 23.4 | 6.1 | 9.9 | 4.1 |
| Income Tax Expense | 251.3 | 239 | 221 | 83 | (87) | (375) | (54) | (10) | (4,145) | (27) | 133 | 174 | (450.8) | (278.2) | (177.6) | (28.1) | (1.5) | (73) | 13.2 | 14.1 | 22.6 | 8.9 | (4) | 21.5 | 15.3 | 9.4 | 4.2 | 2 | 1.9 | 0.7 | 0.2 | 0.4 | 0.2 |
| Net Income | 159.7 | (46) | (592) | (225) | (948) | (559) | (1,783) | (4,148) | 2,404 | (2,409) | (268.7) | 881 | (866.1) | (116.0) | 159.6 | (208.2) | 176.5 | 199.9 | 195.5 | 210.0 | 246.4 | 161.0 | (40.3) | 87.8 | 87.4 | (148.0) | 62.5 | 45.4 | 35.2 | 22.7 | 5.9 | 9.5 | 3.9 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.43 | -0.13 | -1.62 | -0.62 | -2.61 | -1.57 | -5.06 | -11.86 | 8.63 | -6.94 | -0.78 | 3.16 | -2.70 | -0.38 | 0.53 | -1.06 | 1.16 | 1.52 | 1.21 | 1.54 | 1.79 | 1.20 | -0.17 | 0.91 | 1.02 | -1.15 | 0.72 | 0.65 | 0.50 | 0.32 | 0.08 | 0.16 | 0.08 |
| EPS (Diluted) | 0.43 | -0.13 | -1.62 | -0.62 | -2.61 | -1.57 | -5.06 | -11.86 | 8.59 | -6.94 | -0.77 | 3.10 | -2.70 | -0.38 | 0.50 | -1.06 | 1.16 | 1.52 | 1.21 | 1.54 | 1.79 | 1.20 | -0.17 | 0.87 | 0.92 | -1.03 | 0.68 | 0.65 | 0.50 | 0.32 | 0.08 | 0.16 | 0.08 |
| Shares Outstanding | 370.9 | 368 | 365.4 | 362 | 358.9 | 355 | 352.1 | 349.9 | 350.2 | 347.1 | 342.7 | 335.4 | 320.8 | 305.3 | 304.7 | 195.8 | 158.2 | 159.7 | 160.8 | 160.1 | 159.4 | 161.0 | 158.4 | 152.0 | 136.9 | 128.8 | 102.5 | 106.6 | 100.6 | 98.7 | 100 | 83.1 | 50 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,322.6 | 1,181 | 947 | 564 | 582 | 605 | 3,243 | 721 | 720 | 542 | 597.3 | 322.6 | 600.3 | 916.1 | 164.1 | 394.3 | 114.5 | 317.5 | 433.6 | 834.5 | 445.3 | 34.3 | 133.3 | 56.1 | 434.9 | 125.1 | 178.1 | 78.3 | 8.3 | 4.5 | 24.3 | 2.8 | 2.7 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.4 | 6.3 | 6.1 | 0 | 1.0 | 3.9 | 0 | 0.5 | 5.0 | 0 | 0 | 0 | 0 | 65.9 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 2,346.7 | 2,140 | 1,998 | 1,790 | 1,775 | 1,577 | 1,839 | 1,865 | 2,130 | 2,517 | 2,686.9 | 2,075.8 | 1,814.8 | 913.8 | 569.3 | 283.1 | 119.9 | 90.9 | 174.1 | 129.2 | 132.7 | 148.8 | 179.4 | 191.0 | 96.6 | 105.8 | 60.6 | 42.8 | 33.1 | 10.4 | 6.4 | 5.3 | 2.9 |
| Inventory | 1,626.0 | 1,595 | 1,544 | 1,090 | 993 | 1,094 | 1,107 | 934 | 1,048 | 1,061 | 1,256.6 | 950.6 | 883.0 | 531.3 | 355.2 | 229.6 | 82.8 | 59.6 | 80.7 | 78.8 | 89.5 | 110.2 | 84.1 | 53.0 | 38.5 | 24.1 | 12.7 | 10.5 | 16.6 | 8.1 | 3.9 | 0.5 | 0 |
| Other Current Assets | 850.4 | 858 | 1,107 | 39 | 1,538 | 1,223 | 10 | 2 | 77 | 261 | 930.4 | 193.3 | 382.8 | 286.0 | 220.7 | 81.1 | 8.5 | 6.8 | 0 | (0.1) | 1.9 | (0.0) | 0 | 0 | 6.6 | 5.3 | 23.1 | 6.3 | 5 | 3.6 | 0.1 | 0.1 | 1.2 |
| Total Current Assets | 6,145.8 | 5,774 | 5,596 | 4,247 | 5,607 | 5,342 | 6,969 | 723 | 4,746 | 5,077 | 5,507.2 | 4,193.1 | 3,885.9 | 2,777.5 | 1,357.5 | 1,020.2 | 350.6 | 490.4 | 707.0 | 1,057.6 | 684.8 | 314.7 | 412.5 | 321.6 | 576.6 | 260.4 | 340.4 | 137.9 | 63 | 26.6 | 34.7 | 8.7 | 6.8 |
| Non-Current Assets | |||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 2,070.2 | 1,780 | 1,707 | 1,600 | 1,598 | 1,567 | 1,466 | 1,353 | 1,403 | 1,312 | 1,441.8 | 1,310.5 | 1,234.2 | 462.7 | 414.2 | 281.8 | 103.8 | 148.3 | 238.5 | 212.0 | 199.6 | 186.6 | 173.8 | 136.8 | 85.6 | 52.5 | 45.3 | 23.7 | 24.2 | 24.9 | 19.9 | 14.2 | 14.4 |
| Goodwill | 11,250.5 | 11,087 | 11,183 | 11,547 | 12,457 | 13,044 | 13,126 | 13,142 | 15,593 | 15,794 | 18,552.8 | 9,346.4 | 9,752.1 | 5,141.4 | 3,598.8 | 3,001.4 | 100.3 | 100.3 | 100.3 | 100.3 | 102.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 4,634.6 | 5,551 | 6,456 | 5,800 | 6,948 | 8,445 | 10,201 | 12,001 | 15,211 | 18,884 | 23,083 | 11,255.9 | 12,848.2 | 9,308.7 | 7,657.8 | 6,372.8 | 1,335.2 | 720.4 | 630.5 | 697.6 | 1,085.4 | 1,399.3 | 1,150.3 | 1,182.7 | 652.8 | 770.5 | 38.5 | 3.3 | 3.1 | 3.4 | 3.6 | 2.7 | 1.1 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.2 | 0 | 2.1 | 11.5 | 21.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 377.3 | 363 | 307 | 326 | 340 | 664 | 411 | 109 | 111 | 2,316 | 223.7 | 193.1 | 195.5 | 176.6 | 58.7 | 36.9 | 32.7 | 25.5 | 36.1 | 107.6 | (14.9) | 111.7 | 186.2 | 192.7 | 16.5 | 23.7 | 210.9 | 35 | 3.4 | 3.7 | 2.7 | 0 | 1 |
| Total Non-Current Assets | 20,172.2 | 20,749 | 21,754 | 21,439 | 23,595 | 25,857 | 26,894 | 28,281 | 32,751 | 38,452 | 43,457.3 | 22,159.9 | 24,084.9 | 15,172.9 | 11,784.2 | 9,775.0 | 1,716.4 | 1,133.2 | 1,075.1 | 1,117.4 | 1,503.3 | 1,697.5 | 1,510.3 | 1,512.2 | 754.9 | 846.8 | 294.7 | 62 | 30.7 | 32 | 26.2 | 16.9 | 16.5 |
| Total Assets | 26,318.0 | 26,523 | 27,350 | 25,686 | 29,202 | 31,199 | 33,863 | 27,447 | 37,497 | 43,529 | 48,964.5 | 26,353 | 27,970.8 | 17,950.4 | 13,141.7 | 10,795.1 | 2,067.0 | 1,623.6 | 1,782.1 | 2,175.0 | 2,188.1 | 2,012.2 | 1,922.8 | 1,833.8 | 1,331.5 | 1,107.3 | 635.1 | 199.9 | 93.7 | 58.6 | 60.9 | 25.6 | 23.3 |
| Current Liabilities | |||||||||||||||||||||||||||||||||
| Account Payables | 598.9 | 656 | 719 | 521 | 407 | 337 | 503 | 411 | 365 | 324 | 434 | 398 | 327 | 227.4 | 157.6 | 101.3 | 72.0 | 41.1 | 50.4 | 45.0 | 61.5 | 41.1 | 67.9 | 71.6 | 31.8 | 34.7 | 22.7 | 12.2 | 4.6 | 5.5 | 5.6 | 4.6 | 3.3 |
| Short-Term Debt | 296.5 | 2,674 | 450 | 432 | 0 | 0 | 1,234 | 228 | 209 | 1 | 839 | 7.1 | 216.9 | 490.7 | 111.2 | 116.9 | 12.1 | 0 | 0 | 11.1 | 24.4 | 33.5 | 58.8 | 122.6 | 12.6 | 182.6 | 12.0 | 0.7 | 1.9 | 2.3 | 2.3 | 1.5 | 0.2 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 17 | 18.7 | 19.5 | 7.0 | 12.8 | 21.5 | 21.8 | 40.4 | 49.1 | 61.9 | 61.2 | 8.1 | 5.8 | 19.9 | 27.0 | 26.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2,854.8 | 1,327 | 1,401 | 1,340 | 2,975 | 2,755 | 2,421 | 946 | 1,211 | 1,103 | 1,860 | 805.5 | 860.7 | 392.9 | 284.6 | 1.4 | 0 | 8.6 | 0.6 | 121.8 | 37.7 | 24.6 | 24.9 | 35.7 | 17.3 | 6.7 | 40.0 | 9.6 | 8.8 | 9.2 | 26.2 | 2.0 | 1 |
| Total Current Liabilities | 4,172.4 | 6,752 | 4,302 | 3,941 | 5,198 | 4,913 | 6,248 | 3,836 | 4,268 | 3,609 | 5,313 | 2,708.4 | 2,512.5 | 1,822.8 | 924.3 | 692.5 | 249.2 | 267.2 | 367.6 | 410.3 | 273.6 | 190.2 | 262.6 | 345.2 | 148.7 | 285.7 | 74.7 | 22.5 | 15.3 | 17 | 34.1 | 8.1 | 4.5 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||
| Long-Term Debt | 20,721.2 | 18,942 | 21,938 | 20,334 | 22,654 | 23,925 | 24,661 | 24,077 | 25,235 | 29,845 | 30,265 | 15,228 | 17,162.9 | 10,535.4 | 6,539.8 | 3,574.5 | 380.2 | 63.7 | 0 | 399.4 | 412.5 | 445.5 | 753.7 | 624.8 | 33.6 | 556.2 | 125.5 | 126.2 | 3 | 4.7 | 7.9 | 4.7 | 21.4 |
| Deferred Tax Liabilities | 146.7 | 128 | 163 | 202 | 529 | 528 | 705 | 885 | 1,180 | 5,434 | 5,903 | 2,221.3 | 2,319.2 | 1,248.3 | 1,188.5 | 1,436.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 711.7 | 857.5 | 1,029 | 949 | 855 | 1,228 | 1,113 | 879 | 870 | 1,383 | 1,455 | 745.3 | 742.9 | 590.3 | 487.6 | 130.3 | 6.3 | 6.1 | 116.7 | 80.5 | 122.4 | 21.4 | 14.5 | 18.2 | 23.1 | 27.9 | 0 | 0 | (0.1) | 0 | 4.3 | 5.1 | 0 |
| Total Non-Current Liabilities | 21,769.3 | 20,093 | 23,130 | 21,485 | 24,038 | 25,681 | 26,479 | 25,841 | 27,285 | 36,662 | 37,623 | 18,194.6 | 20,225 | 12,410.2 | 8,254.0 | 5,191.6 | 455.8 | 154.8 | 116.7 | 479.9 | 534.9 | 466.9 | 768.2 | 643.0 | 56.7 | 584.1 | 130.2 | 126.2 | 2.9 | 4.7 | 12.2 | 9.8 | 21.4 |
| Total Liabilities | 25,941.7 | 26,845 | 27,432 | 25,426 | 29,236 | 30,594 | 32,727 | 29,677 | 31,553 | 40,271 | 42,936 | 20,903 | 22,737.5 | 14,233.0 | 9,178.3 | 5,884.0 | 704.9 | 422.0 | 484.3 | 890.2 | 808.4 | 657.1 | 1,030.8 | 988.1 | 205.4 | 869.8 | 204.9 | 148.7 | 18.2 | 21.7 | 46.3 | 18.0 | 25.9 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||
| Common Stock | 10,496.9 | 10,490 | 10,423 | 10,391 | 10,317 | 10,227 | 10,172 | 10,121 | 10,090 | 10,038 | 9,897 | 8,349.2 | 8,301.2 | 5,940.7 | 5,963.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,469.6 | 1,433.6 | 1,407.5 | 492.7 | 374.0 | 19.4 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | (9,649.4) | (9,824) | (9,778) | (9,186) | (8,961) | (8,013) | (7,452) | (5,664) | (2,725) | (5,129) | (2,750) | (2,397.8) | (3,278.5) | (2,371.0) | (2,030.3) | (934.5) | (246.0) | (319.9) | (278.5) | (232.7) | (290.2) | (446.7) | (222.9) | (580.4) | (280.0) | (261.8) | (113.8) | 24.7 | 49.7 | 22.7 | (0.6) | (6.4) | (16.8) |
| Accumulated Other Comprehensive Income | (1,756.8) | (2,179) | (1,881) | (2,056) | (1,924) | (2,133) | (2,086) | (2,137) | (1,896) | (2,108) | (1,542) | (915.9) | (132.8) | (119.4) | (279.6) | 98.8 | 43.6 | 25.7 | 62.6 | 43.1 | 49.1 | 43.5 | 20.1 | (7.5) | (1.4) | 6.5 | (1.0) | (1.2) | 0 | 0 | 0.7 | 0.7 | 0 |
| Total Stockholders' Equity | (553.0) | (1,279) | (1,022) | (692) | (106) | 535 | 1,063 | 2,733 | 5,849 | 3,152 | 5,910 | 5,279.4 | 5,118.7 | 3,717.4 | 3,929.8 | 4,911.1 | 1,354.4 | 1,201.6 | 1,297.8 | 1,302.3 | 1,220.3 | 1,053.9 | 1,266.8 | 845.7 | 1,126.1 | 237.5 | 267.3 | 51.2 | 75.5 | 36.9 | 14.6 | 7.7 | (4.8) |
| Total Liabilities & Equity | 26,318.0 | 26,523 | 27,350 | 25,686 | 29,202 | 31,199 | 33,863 | 32,492 | 37,497 | 43,529 | 48,965 | 26,304.7 | 27,970.8 | 17,950.4 | 13,108.1 | 10,795.1 | 2,059.3 | 1,623.6 | 1,782.1 | 2,192.4 | 2,028.8 | 1,711.1 | 2,297.6 | 1,833.8 | 1,331.5 | 1,107.3 | 472.2 | 199.9 | 93.7 | 58.6 | 60.9 | 25.7 | 23.3 |
| Debt Metrics | |||||||||||||||||||||||||||||||||
| Total Debt | 21,207.3 | 21,826.0 | 22,388 | 20,766 | 22,654 | 23,925 | 25,895 | 24,305 | 25,444 | 29,846 | 31,104 | 15,235.1 | 17,379.8 | 11,026.2 | 6,651.0 | 3,691.4 | 392.3 | 63.7 | 0 | 410.5 | 436.9 | 478.9 | 812.5 | 747.4 | 46.2 | 738.7 | 137.5 | 126.9 | 4.9 | 7 | 10.2 | 6.2 | 21.6 |
| Net Debt | 19,884.7 | 20,645.0 | 21,441 | 20,202 | 22,072 | 23,320 | 22,652 | 23,584 | 24,724 | 29,304 | 30,507 | 14,912.5 | 16,779.5 | 10,110.1 | 6,486.9 | 3,297.1 | 277.8 | (253.8) | (433.6) | (424.0) | (8.4) | 444.6 | 679.3 | 691.3 | (388.7) | 613.6 | (40.6) | 48.6 | (3.4) | 2.5 | (14.2) | 3.3 | 18.9 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | 120 | (72) | (611) | (212) | (937) | (559) | (1,783) | (4,144) | 2,404 | (2,408) | (287.8) | 912.2 | (863.7) | (116.0) | 159.6 | (208.2) | 176.5 | 199.9 | 195.5 | 203.9 | 99.6 | 52.7 | (27.3) | 87.8 | 87.4 | (148.0) | 62.5 | 45.4 | 35.2 | 22.7 | 5.9 | 9.5 | 3.9 |
| Depreciation & Amortization | 1,208 | 1,267 | 1,264 | 1,394 | 1,552 | 1,825 | 2,075 | 2,819 | 2,858 | 2,866 | 2,627.5 | 1,737.6 | 2,015.8 | 986.2 | 612.6 | 254.5 | 149.3 | 103.4 | 100.8 | 107.9 | 205.4 | 194.6 | 166.9 | 90.0 | 67.9 | 21.5 | 10.1 | 5 | 3.2 | 2 | 1.2 | 0.8 | 0.7 |
| Stock-Based Compensation | 216 | 150 | 132 | 126 | 128 | 105 | 102 | 87 | 87 | 165 | 140.1 | 78.2 | 45.5 | 66.2 | 94.0 | 98.0 | 5.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (222.8) | 7 | (582) | (396) | (128) | (366) | (318) | 18 | 844 | (110) | (822.2) | (668.4) | (378.3) | (253.3) | (137.1) | (21.9) | (1.5) | 25.3 | (48.1) | (10.9) | 117.2 | (40.2) | (33.3) | (41.9) | 21.3 | (47.2) | 8.7 | 3.3 | (34.1) | (30.9) | 24.1 | 0.3 | (0.4) |
| Other Non-Cash Items | (1.2) | 179 | 778 | (1,464) | 1,036 | 581 | 1,655 | 2,865 | 483 | 1,810 | 549.8 | 153.3 | 738.5 | 293.0 | 196.9 | 196.1 | 47.1 | (28.6) | 92.6 | 221.0 | 75.9 | 69.9 | 175.7 | 198.3 | 106.0 | 272.4 | (0.3) | (0.1) | 0 | 0.6 | (0.1) | (8) | (6.3) |
| Operating Cash Flow | 1,400 | 1,597 | 1,032 | (728) | 1,426 | 1,111 | 1,501 | 1,501 | 2,290 | 2,087 | 2,200.4 | 2,294.7 | 1,042.0 | 656.6 | 676.5 | 263.2 | 360.9 | 204.3 | 340.9 | 521.9 | 498.1 | 277.1 | 282.0 | 334.1 | 284.1 | 102.5 | 81 | 53.6 | 4.3 | (5.6) | 31.1 | 2.6 | (2.1) |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditure | (397) | (337) | (272) | (268) | (283) | (309) | (278) | (235) | (336) | (291) | (303.3) | (470.6) | (185.0) | (181.1) | (386.0) | (16.8) | (569.3) | (22.0) | (35.1) | (44.8) | (63.8) | (28.0) | (36.9) | (61.4) | (44.4) | (15.8) | (51.5) | (3.7) | (2.7) | (6.7) | (2.6) | (1.2) | (0.3) |
| Acquisitions | 0 | 0 | (1,890) | (45) | 0 | 0 | (180) | 5 | (165) | (49) | (15,457.4) | (1,102.6) | (5,253.5) | (3,485.3) | (2,464.1) | 224.4 | (200) | (101.9) | 0 | 4 | (0.0) | (9.3) | (25.7) | (240.6) | 0 | (622.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (11) | (12) | (27) | (17) | (19) | (4) | (16) | (7) | (7) | (1) | (49.3) | (72) | (69.6) | (7.2) | (81.1) | 15.0 | (3.8) | (86.0) | (35.9) | (4.5) | (8.8) | (7.9) | (4.6) | (85.1) | (0.9) | (2.5) | (54.7) | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 8 | 14 | 26 | 22 | 15 | 8 | 10 | 7 | 2 | 17 | 251.3 | 53.2 | 17.0 | 624.8 | 86.6 | 8.0 | 2.0 | 109.4 | 56.0 | 4.9 | 6.3 | 0 | 0 | 0 | 0 | 65.9 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0 |
| Other Investing Activities | (195) | (119) | (39) | (45) | 682 | 37 | 45 | 34 | 3,393 | 199 | (18.7) | 1,492.3 | 110.7 | 83.1 | (327.4) | (1.7) | 28.3 | (7.3) | 0 | 0.0 | 98.1 | 3.0 | (211.2) | (405.4) | (12.4) | (7.8) | (23.2) | (29.3) | (0.5) | (3.7) | (7.9) | (2) | (0.8) |
| Investing Cash Flow | (595) | (454) | (2,145) | (303) | 409 | (261) | (419) | (196) | 2,887 | (125) | (15,577.4) | (99.7) | (5,380.4) | (2,965.7) | (2,844.5) | 228.9 | (742.8) | (107.8) | (15.0) | (40.4) | 31.8 | (42.3) | (278.4) | (792.5) | (57.7) | (582.3) | (129.4) | (33) | (3.2) | (10.4) | (10.5) | (3) | (1.1) |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Net Debt Issuance | (648.2) | (799) | 1,581 | (1,010) | (1,340) | (2,187) | 1,554 | (1,157) | (4,779) | (1,216) | 12,639 | (2,258) | 2,011.5 | 3,474.7 | 2,770.7 | 200.6 | 323.7 | 0 | (418.0) | (26.4) | (39.6) | (346.3) | 60.4 | 450.2 | (404.7) | 309.2 | (75.2) | 117.7 | (1.8) | (3.2) | (0.4) | 0.3 | (1) |
| Stock Repurchased | 0 | (26) | 0 | 0 | 0 | 0 | (40) | (10) | (4) | (11) | (72) | (44) | (55.6) | (280.7) | (639.2) | (60.1) | 0 | (29.8) | 0 | 0 | 0 | 0 | 0 | (503.1) | (130.0) | 0 | (30.6) | (72.1) | 0 | 0 | 0 | 0 | (0.1) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (356.3) | (147.1) | (180.3) | (321.5) | (80.1) | (79.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.6) |
| Other Financing Activities | (93.8) | (43) | (106) | (139) | (173) | (107) | (71) | (186) | (184) | (747) | (376) | (202.1) | (235.6) | (136.7) | (183.3) | 2.6 | (0.4) | (0.2) | (0.3) | (1.1) | (2.7) | 3.8 | 0 | 0 | 0 | 8.3 | 0 | 0 | (0.1) | 0 | 0.0 | 0 | 2.5 |
| Financing Cash Flow | (742) | (868) | 1,475 | (474) | (1,513) | (2,294) | 1,443 | (1,353) | (4,963) | (1,963) | 13,624 | (2,443.7) | 4,027.7 | 3,057.4 | 1,948.2 | (213.3) | 177.0 | (210.3) | (728.6) | (92.3) | (119.1) | (334.5) | 72.5 | 79.5 | 83.6 | 427.1 | 147.9 | 49.5 | 2.6 | (3) | 0.3 | 0.4 | 3.9 |
| Cash Position | |||||||||||||||||||||||||||||||||
| Net Change in Cash | 124 | 239 | 371 | (1,528) | 303 | (1,428) | 2,521 | (74) | 255 | (55) | 274.7 | (277.7) | (315.8) | 752.0 | (230.2) | 279.8 | (203.1) | (116.1) | (400.9) | 389.2 | 411.0 | (98.9) | 77.2 | (378.8) | 309.7 | (52.9) | 99.8 | 70 | 3.7 | (19.8) | 21.5 | 0.3 | 0.7 |
| Cash at Beginning | 1,201 | 962 | 591 | 2,119 | 1,816 | 3,244 | 723 | 797 | 542 | 597 | 322.6 | 600.3 | 916.1 | 164.1 | 394.3 | 114.5 | 317.5 | 433.6 | 834.5 | 445.3 | 34.3 | 133.3 | 56.1 | 434.9 | 125.1 | 178.1 | 78.3 | 8.3 | 4.5 | 24.3 | 2.8 | 2.6 | 2 |
| Cash at End | 1,325 | 1,201 | 962 | 591 | 2,119 | 1,816 | 3,244 | 723 | 797 | 542 | 597.3 | 322.6 | 600.3 | 916.1 | 164.1 | 394.3 | 114.5 | 317.5 | 433.6 | 834.5 | 445.3 | 34.3 | 133.3 | 56.1 | 434.9 | 125.1 | 178.1 | 78.3 | 8.2 | 4.5 | 24.3 | 2.9 | 2.7 |
| Free Cash Flow | 1,003 | 1,260 | 760 | (996) | 1,143 | 802 | 1,223 | 1,266 | 1,954 | 1,796 | 1,897.1 | 1,824.1 | 857.0 | 475.4 | 290.5 | 246.4 | (208.4) | 182.3 | 305.8 | 477.1 | 434.3 | 249.1 | 245.1 | 272.7 | 239.7 | 86.6 | 29.5 | 49.9 | 1.6 | (12.3) | 28.5 | 1.4 | (2.4) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 10,445.7 | 9,625 | 8,757 | 8,124 | 8,434 | 8,027 | 8,601 | 8,380 | 8,724 | 9,674 | 10,442 | 8,200 | 5,765.6 | 3,480.4 | 2,463.4 | 1,146.1 | 820.4 | 757.2 | 842.8 | 1,070.5 | 935.5 | 886.5 | 823.7 | 788.0 | 583.3 | 309.2 | 176.5 | 112.8 | 82.4 | 66.4 | 20.6 | 17.3 | 11.1 |
| Gross Profit | 6,361.4 | 6,843 | 6,198 | 5,760 | 6,040 | 5,778 | 6,251 | 6,029 | 6,176 | 7,101 | 7,996 | 5,997 | 4,236.9 | 2,589.5 | 1,736.6 | 740.4 | 495.3 | 560.0 | 619.1 | 847.2 | 728.7 | 657.0 | 684.3 | 623.3 | 457.3 | 241.1 | 148.3 | 89.2 | 54.7 | 43.2 | 16.4 | 13 | 9 |
| Operating Income | 2,223.2 | 1,546 | 963 | 454 | 450 | 676 | (203) | (2,384) | 102 | (566) | 1,527 | 2,001 | (409.5) | 79.7 | 525.3 | (110.1) | 181.2 | 196.1 | 188.0 | 454.4 | 313.3 | 221.3 | 4.8 | 134.3 | 251.6 | 130.4 | 75.5 | 49.1 | 37.5 | 23.5 | 2.6 | 2.8 | (0.2) |
| Net Income | 159.7 | (46) | (592) | (225) | (948) | (559) | (1,783) | (4,148) | 2,404 | (2,409) | (268.7) | 881 | (866.1) | (116.0) | 159.6 | (208.2) | 176.5 | 199.9 | 195.5 | 210.0 | 246.4 | 161.0 | (40.3) | 87.8 | 87.4 | (148.0) | 62.5 | 45.4 | 35.2 | 22.7 | 5.9 | 9.5 | 3.9 |
| EPS (Diluted) | 0.43 | -0.13 | -1.62 | -0.62 | -2.61 | -1.57 | -5.06 | -11.86 | 8.59 | -6.94 | -0.77 | 3.10 | -2.70 | -0.38 | 0.50 | -1.06 | 1.16 | 1.52 | 1.21 | 1.54 | 1.79 | 1.20 | -0.17 | 0.87 | 0.92 | -1.03 | 0.68 | 0.65 | 0.50 | 0.32 | 0.08 | 0.16 | 0.08 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,322.6 | 1,181 | 947 | 564 | 582 | 605 | 3,243 | 721 | 720 | 542 | 597.3 | 322.6 | 600.3 | 916.1 | 164.1 | 394.3 | 114.5 | 317.5 | 433.6 | 834.5 | 445.3 | 34.3 | 133.3 | 56.1 | 434.9 | 125.1 | 178.1 | 78.3 | 8.3 | 4.5 | 24.3 | 2.8 | 2.7 |
| Total Assets | 26,318.0 | 26,523 | 27,350 | 25,686 | 29,202 | 31,199 | 33,863 | 27,447 | 37,497 | 43,529 | 48,964.5 | 26,353 | 27,970.8 | 17,950.4 | 13,141.7 | 10,795.1 | 2,067.0 | 1,623.6 | 1,782.1 | 2,175.0 | 2,188.1 | 2,012.2 | 1,922.8 | 1,833.8 | 1,331.5 | 1,107.3 | 635.1 | 199.9 | 93.7 | 58.6 | 60.9 | 25.6 | 23.3 |
| Total Debt | 21,207.3 | 21,826.0 | 22,388 | 20,766 | 22,654 | 23,925 | 25,895 | 24,305 | 25,444 | 29,846 | 31,104 | 15,235.1 | 17,379.8 | 11,026.2 | 6,651.0 | 3,691.4 | 392.3 | 63.7 | 0 | 410.5 | 436.9 | 478.9 | 812.5 | 747.4 | 46.2 | 738.7 | 137.5 | 126.9 | 4.9 | 7 | 10.2 | 6.2 | 21.6 |
| Stockholders' Equity | (553.0) | (1,279) | (1,022) | (692) | (106) | 535 | 1,063 | 2,733 | 5,849 | 3,152 | 5,910 | 5,279.4 | 5,118.7 | 3,717.4 | 3,929.8 | 4,911.1 | 1,354.4 | 1,201.6 | 1,297.8 | 1,302.3 | 1,220.3 | 1,053.9 | 1,266.8 | 845.7 | 1,126.1 | 237.5 | 267.3 | 51.2 | 75.5 | 36.9 | 14.6 | 7.7 | (4.8) |
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,400 | 1,597 | 1,032 | (728) | 1,426 | 1,111 | 1,501 | 1,501 | 2,290 | 2,087 | 2,200.4 | 2,294.7 | 1,042.0 | 656.6 | 676.5 | 263.2 | 360.9 | 204.3 | 340.9 | 521.9 | 498.1 | 277.1 | 282.0 | 334.1 | 284.1 | 102.5 | 81 | 53.6 | 4.3 | (5.6) | 31.1 | 2.6 | (2.1) |
| Capital Expenditure | (397) | (337) | (272) | (268) | (283) | (309) | (278) | (235) | (336) | (291) | (303.3) | (470.6) | (185.0) | (181.1) | (386.0) | (16.8) | (569.3) | (22.0) | (35.1) | (44.8) | (63.8) | (28.0) | (36.9) | (61.4) | (44.4) | (15.8) | (51.5) | (3.7) | (2.7) | (6.7) | (2.6) | (1.2) | (0.3) |
| Free Cash Flow | 1,003 | 1,260 | 760 | (996) | 1,143 | 802 | 1,223 | 1,266 | 1,954 | 1,796 | 1,897.1 | 1,824.1 | 857.0 | 475.4 | 290.5 | 246.4 | (208.4) | 182.3 | 305.8 | 477.1 | 434.3 | 249.1 | 245.1 | 272.7 | 239.7 | 86.6 | 29.5 | 49.9 | 1.6 | (12.3) | 28.5 | 1.4 | (2.4) |