Booking Holdings Inc. logo BKNG - Booking Holdings Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 45
HOLD 25
SELL 0
STRONG
SELL
0
| PRICE TARGET: $230.65 DETAILS
HIGH: $309.84
LOW: $175.00
MEDIAN: $220.00
CONSENSUS: $230.65
UPSIDE: 29.40%
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 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Revenue
Revenue 5,532 6,349 9,008 6,798 4,762 5,471 7,994 5,859 4,415 4,784 7,341 5,462 3,778 4,049 6,052 4,294 2,695 2,981 4,676 2,160 1,141 1,238 2,640 630 2,288 3,339 5,040 3,850 2,837 3,212.6 4,849 3,537 2,928 2,803.1 4,434.0 3,024.6 2,419.4 2,348.4 3,690.6 2,555.9 2,148.1 2,000.0 3,102.9 2,280.4 1,840.7 1,840.1 2,836.5 2,123.6 1,641.8 1,541.2 2,269.9 1,680.2 1,302.0 1,190.6 1,706.3 1,326.8 1,037.2 990.8 1,452.8 1,102.7 809.3 731.3 1,001.8 767.4 584.4 541.8 730.7 603.7 462.1 406.0 561.6 514.0 403.2 334.9 417.3 355.9 301.4 260.1 313.5 307.7 241.9 203.9 258.8 266.6 233.4 195.0 235.9 259.4 224.1 180.2 243.4 239.6 200.5 197.3 240.0 304.5 261.9 235.3 302.0 364.8 269.7 228.2 341.3 352.1 313.8 169.2 152.2 111.6 49.4
Cost of Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 33.1 54.2 67.4 80.4 72.1 101.5 126.1 128.7 120.6 155.6 187.5 168.5 165.4 216.5 240.6 235.3 207.9 280.8 296.4 292.3 250.9 309.8 322.6 294.0 266.1 352.7 353.5 303.5 252.9 335.6 322.2 265.3 228.6 296.7 298.5 253.7 201.0 245.5 260.3 222.1 174.7 215.0 198.7 181.7 160.6 189.9 201.8 169.7 139.0 178.8 201.3 175.7 145.1 184.8 205.6 180.8 148.4 202.8 199.1 167.5 166.8 202.2 256.3 219.9 196.1 251.6 304.6 222.5 186.8 282.8 293.7 262.5 55.3 132.4 99.8 43.3
Gross Profit 5,532 6,349 9,008 6,798 4,762 5,471 7,994 5,859 4,415 4,784 7,341 5,462 3,778 4,049 6,052 4,294 2,695 2,981 4,676 2,160 1,141 1,238 2,640 630 2,288 3,339 5,040 3,850 2,837 3,212.6 4,849 3,537 2,928 2,769.9 4,379.8 2,957.1 2,339.0 2,276.4 3,589.1 2,429.8 2,019.5 1,879.4 2,947.3 2,092.9 1,672.2 1,674.7 2,620.0 1,883.0 1,406.5 1,333.3 1,989.1 1,383.9 1,009.7 939.8 1,396.5 1,004.1 743.3 724.7 1,100.1 749.2 505.8 478.4 666.2 445.3 319.1 313.2 434.0 305.2 208.3 205.1 316.1 253.7 181.1 160.2 202.3 157.2 119.7 99.5 123.5 105.8 72.2 64.9 80.0 65.2 57.7 49.9 51.1 53.8 43.4 31.8 40.6 40.5 33.0 30.5 37.7 48.1 42.0 39.3 50.4 60.1 47.2 41.3 58.5 58.4 51.3 113.9 19.8 11.8 6.1
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 79 71 70 65 55.9 58 59 60 56.7 47.9 44.8 39.9 37.4 36.4 35.8 32.8 32.3 28.8 27.2 25.4 25.4 24.8 24.0 23.2 23.2 18.5 17.0 13.2 11.7 10.8 10.4 10.7 10.4 8.5 8.2 6.7 6.1 5.3 4.9 4.6 5.1 4.8 4.7 4.5 0 4.4 5.1 4.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.9 9.8 10.1 10.5 10.5 0 10.2 9.9 11.1 0 11.4 6.7 5.9 3.8 4.6 3.4 2.2
SG&A Expenses 2,168 3,891 4,561 4,133 3,314 3,344 4,466 3,678 3,300 3,853 3,922 3,524 3,071 2,693 3,233 3,044 2,240 1,908 2,450 2,014 1,244 1,123 1,525 898 1,913 1,971 2,482 2,414 2,100 1,905.2 2,437 2,150 2,035 1,629.2 2,134.2 1,933.2 1,659.2 1,368.8 1,700.0 1,583.9 1,363.5 1,118.4 1,360.7 1,319.7 1,147.9 998.8 1,214.9 1,085.7 906.1 772.2 887.9 786.0 667.5 536.1 614.1 519.7 475.2 396.8 461.3 402.6 332.6 270.9 311.3 256.4 216.8 180.2 218.4 181.4 151.6 127.8 172.8 156.6 134.8 91.9 115.1 100.6 142.9 78.5 83.3 78.4 65.4 51.2 58.0 48.4 47.4 30.2 38.1 40.3 36.5 27.6 30.2 31.5 25.7 24.1 28.5 32.6 27.8 76.3 37.4 43.8 45.2 87.8 47.9 55.3 59.1 33.3 29.8 23.2 20.8
Other Expenses 2,093 428 507 415 386 398 349 325 324 322 316 265 257 11 236 250 281 225 211 202 208 268 800 216 684 117 117 119 116 108.6 107 107 103 97.6 95.9 85.9 83.4 79.8 1,019.4 77.7 72.9 70.8 69.1 67.7 65.0 71.6 57.6 40.3 38.4 37.1 35.7 26.0 19.1 17.6 16.0 15.7 15.8 13.7 14.0 13.7 12.5 12.5 12.8 10.8 9.8 10.0 10.1 9.7 9.4 28.4 10.9 11.1 10.4 24.2 9.1 9.0 8.5 8.5 8.7 8.4 8.1 7.7 9.1 5.0 5.1 14.5 3.4 2.6 2.2 3.1 2.4 2.8 10.6 4.7 24.1 (0.3) (0.8) (33.9) 0 5.4 5.5 (17.3) 4.5 3.6 2.7 1.8 1.6 1.2 0.7
Operating Expenses 4,261 4,319 5,068 4,548 3,700 3,742 4,815 4,003 3,624 4,175 4,238 3,789 3,328 2,704 3,469 3,294 2,521 2,133 2,661 2,216 1,452 1,391 2,325 1,114 2,597 2,167 2,670 2,603 2,281 2,069.7 2,602 2,316 2,198 1,783.5 2,278.0 2,063.9 1,782.5 1,486 2,755.8 1,697.4 1,469.1 1,221.5 1,458.6 1,414.6 1,238.3 1,095.8 1,297.3 1,150.0 967.7 832.5 942.2 829.0 699.8 565.4 640.9 545.8 501.8 420.9 483.8 424.5 351.7 289.5 329.4 272.1 231.2 195.3 233.3 195.9 165.5 156.2 188.2 172.8 149.3 116.1 124.2 109.6 151.5 86.9 91.9 86.8 73.5 58.9 67.1 53.4 52.5 44.8 41.5 42.8 38.7 30.7 32.5 34.3 41.2 38.5 62.8 42.9 37.5 42.4 47.6 59.1 61.8 70.5 63.7 65.6 67.6 38.9 36 27.8 23.7
Operating Income
Operating Income 1,271 2,030 3,940 2,250 1,062 1,729 3,179 1,856 791 609 3,103 1,673 450 1,345 2,583 1,000 174 848 2,015 (56) (311) (153) 315 (484) (309) 1,172 2,370 1,247 556 1,142.9 2,247 1,221 730 986.5 2,101.8 893.3 556.5 790.4 833.2 732.4 550.3 657.9 1,488.7 678.3 434.0 578.9 1,322.7 733.0 438.7 500.8 1,046.9 554.8 309.8 374.3 755.6 458.4 241.5 303.8 616.4 324.7 154.1 189.0 336.8 173.2 87.9 117.9 200.8 109.4 42.8 48.8 127.9 81.0 31.8 44.0 78.1 47.6 (31.7) 12.6 31.6 19.0 (1.2) 6.0 12.9 11.8 5.2 5.1 9.7 11.0 4.7 1.1 8.1 6.2 (8.2) (8.0) (25.0) 5.2 4.5 (3.2) 2.9 1 (14.6) (29.1) (5.2) (7.2) (16.3) 75 (16.2) (16) (17.6)
Interest Expense 253 249 301 418 649 507 305 264 219 208 254 241 194 145 102 76 68 75 80 81 98 98 98 96 64 62 70 68 66 65.8 68 65 70 71.0 66.3 60.9 55.7 55.2 55.5 50.3 46.9 43.8 41.4 41.5 33.5 30.5 23.0 17.1 17.7 22.2 24.1 19.6 17.3 16.9 17.1 16.9 11.3 8.3 7.9 7.8 7.7 7.6 8.3 9.3 4.8 4.9 5.9 6.5 6.8 0 7.7 9.5 10.1 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
Interest Income 187 198 248 234 241 251 327 293 243 237 289 266 228 131 61 24 3 4 4 4 4 5 5 12 32 39 44 34 35 45.8 48 46 47 46.9 41.5 36.8 32.0 29.1 24.2 21.3 20.3 16.4 14.7 13.0 11.6 8.8 2.5 1.6 1.0 1.3 0.9 1.1 0.9 0.9 0.9 1.0 1.1 2.0 2.5 2.1 1.4 1.1 0.9 0.9 0.9 0.5 0.5 0.5 0.7 0 3.1 2.9 4.2 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 0
Profitability
EBITDA 1,526 2,303 3,969 1,716 1,229 2,274 3,364 2,367 1,333 794 3,572 2,019 658 1,760 2,423 1,369 (631) 1,032 1,194 194 (22) 504 1,094 462 (495) 1,644 2,592 1,437 1,192 806.3 2,415 1,382 926 1,109.3 2,229.1 1,009.9 666.8 897.7 931.8 820.5 580.3 731.1 1,566.7 757.6 505.7 654.1 1,386.1 773.2 472.2 509.5 1,080.2 581.2 326.9 390.5 764.2 478.2 256.1 320.7 633.7 338.0 160.9 202.7 341.8 186.8 95.4 123.0 210.1 115.7 56.8 74.7 145.5 94.9 41.5 55.7 88 57.4 (22.5) 22.4 40.9 28.1 7.6 14.5 23.3 17.6 11 15.7 13.9 14.6 7.1 3.5 10.8 9.0 (4.3) 1.3 (20.3) 9.7 8.1 (4.7) 7.8 8.7 (0.2) (22.4) (0.8) (3.7) (13.6) 76.8 (14.6) (14.8) (16.9)
EBIT 1,395 2,112 3,770 1,522 1,045 2,071 3,174 2,186 1,156 619 3,403 1,859 497 1,597 2,278 1,220 (781) 891 1,048 40 (180) 343 933 305 (658) 1,482 2,433 1,275 1,034 697.7 2,308 1,275 823 1,011.7 2,133.2 924.1 583.3 817.9 853.0 742.8 507.4 660.3 1,497.6 689.9 440.7 582.6 1,328.5 732.9 433.8 472.4 1,044.5 555.2 307.8 372.9 748.2 462.6 240.3 307.0 619.7 324.4 148.4 188.5 327.0 175.1 85.6 113.0 200.0 106.0 47.4 64.3 134.6 83.8 30.9 44.0 78.1 47.6 (31.7) 12.6 31.6 19.0 (1.1) 6.0 14.9 11.8 4.8 10.3 9.7 10.9 4.7 1.0 8.1 6.2 (8.2) (3.2) (25.1) 5.2 3.7 (4.7) 2.9 1 (9.1) (29.1) (5.2) (7.2) (16.3) 75 (16.2) (16) (17.6)
Income Before Tax 1,399 1,863 3,469 1,104 396 1,564 2,869 1,922 937 411 3,149 1,618 303 1,452 2,176 1,144 (849) 816 968 (41) (278) 245 835 209 (722) 1,420 2,363 1,207 968 631.9 2,240 1,210 753 940.8 2,066.8 863.1 527.6 762.7 797.5 692.5 460.5 616.5 1,456.2 648.4 407.2 552.0 1,305.6 715.8 416.1 450.2 1,020.4 535.6 290.4 356.0 731.2 445.7 229.0 298.7 611.9 316.6 140.7 180.9 318.7 165.9 80.8 108.1 194.1 99.5 40.6 53.1 126.8 74.3 20.8 45.1 80.2 50.9 (26.2) 14.7 33.0 19.0 (1.0) 5.9 12.7 12.4 4.7 5.3 10.1 11.4 5.1 2.2 9.7 7.7 (7.7) (7.4) (23.8) 6.3 5.7 (1.3) 5.0 2.8 (13.8) (105.1) (191.9) (4.5) (13.6) (921.5) (102.2) (14.3) (17.2)
Income Tax Expense 316 435 721 209 63 496 352 401 161 189 638 328 37 217 510 287 (149) 198 199 126 (223) 410 34 87 (23) 249 413 228 203 (13.9) 473 232 146 1,496.2 346.5 142.9 72.0 88.8 291.5 111.9 86.1 112.3 259.4 131.3 73.9 100.2 243.3 139.3 84.8 72.1 187.4 98.1 46.1 66.4 131.2 93.0 47.2 72.7 139.0 60.3 36.7 45.8 94.1 51.3 27.0 29.7 (124.9) 32.5 15.5 19.8 40.4 23.3 6.5 11.2 (26.7) 15.0 (11.6) 0.9 (18.1) 5.6 (0.7) 2.2 (158.6) 0.3 (0.3) (0.3) 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income 1,083 1,428 2,748 895 333 1,068 2,517 1,521 776 222 2,511 1,290 266 1,235 1,666 857 (700) 618 769 (167) (55) (165) 801 122 (699) 1,171 1,950 979 765 645.8 1,767 978 607 (555.5) 1,720.4 720.2 455.6 673.9 506.0 580.6 374.4 504.3 1,196.7 517.0 333.3 451.8 1,062.3 576.5 331.2 378.1 833.0 437.3 244.3 288.7 596.6 352.3 182.0 225.7 469.5 256.4 104.8 135.7 223.0 115.0 53.9 78.5 319.0 67.0 25.0 33.3 84.5 49.8 13.8 32.9 104.4 34.6 (14.7) 13.2 48.8 12.5 (0.1) 3.8 171.6 12.4 5.0 5.0 10.0 11.4 5.1 2.2 9.7 7.7 (7.7) (7.4) (23.8) 6.3 5.7 (1.3) 5.0 2.8 (13.8) (105.1) (191.9) (4.5) (13.6) (921.5) (102.2) (14.3) (17.2)
Per Share Data
EPS (Basic) 1.37 1.76 3.39 1.10 0.41 1.29 3.01 1.80 0.91 0.25 2.82 1.41 0.28 1.28 1.68 0.85 -0.68 0.60 0.75 -0.16 -0.05 -0.16 0.78 0.12 -0.68 1.12 1.84 0.90 0.68 0.56 1.50 0.81 0.50 -0.46 1.40 0.59 0.37 0.55 0.41 0.47 0.30 0.41 0.95 0.40 0.26 0.35 0.81 0.44 0.25 0.29 0.65 0.34 0.20 0.23 0.48 0.28 0.15 0.18 0.38 0.21 0.08 0.11 0.18 0.10 0.05 0.07 0.30 0.06 0.02 0.03 0.09 0.05 0.01 0.03 0.11 0.04 -0.02 0.01 0.05 0.01 -0.00 0.00 0.17 0.01 0.00 0.01 0.01 0.01 0.00 0.00 0.01 0.01 -0.01 -0.01 -0.03 0.01 0.00 -0.00 -0.00 0.00 -0.02 -0.15 -0.28 -0.01 -0.02 -1.64 -0.17 -0.02 -0.03
EPS (Diluted) 1.36 1.75 3.38 1.10 0.40 1.28 2.97 1.78 0.89 0.25 2.79 1.40 0.28 1.28 1.68 0.84 -0.68 0.60 0.74 -0.16 -0.05 -0.16 0.78 0.12 -0.68 1.11 1.82 0.90 0.67 0.55 1.48 0.81 0.49 -0.46 1.38 0.58 0.36 0.54 0.41 0.46 0.30 0.40 0.94 0.40 0.25 0.34 0.80 0.44 0.25 0.29 0.63 0.34 0.19 0.23 0.47 0.28 0.14 0.18 0.37 0.20 0.08 0.11 0.18 0.09 0.04 0.06 0.26 0.06 0.02 0.03 0.07 0.04 0.01 0.03 0.09 0.03 -0.02 0.01 0.04 0.01 -0.00 0.00 0.15 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.01 -0.01 -0.01 -0.02 0.01 0.00 -0.00 -0.00 0.00 -0.02 -0.15 -0.28 -0.01 -0.02 -1.64 -0.17 -0.02 -0.03
Shares Outstanding 790 811.3 809.6 812.4 821.1 826.3 835.0 846.0 855.1 868.2 889.2 917.0 940.5 963.1 989.1 1,012.8 1,023.0 1,026.8 1,026.7 1,026.3 1,024.3 1,023.6 1,023.4 1,023.0 1,027.3 1,043.1 1,059.7 1,081.3 1,125.2 1,153.4 1,181.7 1,201.4 1,208.7 1,217.0 1,224.5 1,228.3 1,229.8 1,233 1,235.5 1,240.1 1,240.8 1,243.5 1,263.8 1,289.7 1,297.7 1,307.5 1,310.1 1,309.9 1,303.8 1,290.8 1,284.1 1,269 1,248.5 1,246.8 1,246.3 1,245.3 1,245.7 1,241.3 1,244.5 1,243.0 1,233.0 1,198.9 1,214.2 1,194.8 1,157.7 1,060.2 1,064.2 1,041.5 1,025.1 982.5 992.9 969.2 955.6 941.8 945.1 939.9 929.8 966.2 989.9 987.0 984.5 979.0 978.9 975.5 971.6 957.6 967.1 951.9 939.7 945.1 951.1 940.9 937.1 935.6 947.2 957.2 948.1 854.3 900.7 819.3 785.9 695.8 696.2 689.3 693.8 561.0 599.8 595.8 593
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 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Current Assets
Cash & Cash Equivalents 16,024 17,203 16,509 17,595 15,578 16,164 15,775 16,290 15,629 12,107 13,294 14,602 14,140 12,221 9,021 11,841 10,549 11,127 11,643 11,231 12,151 10,562 11,197 10,404 6,363 6,312 6,466 5,256 2,334 2,624 2,973.1 3,186.7 2,622.1 2,541.6 2,846.3 2,634.3 2,434.0 2,081.1 2,422.3 2,693.7 1,857.2 1,477.3 1,841.7 1,888.9 3,255.8 3,148.7 5,043.7 3,503.9 1,288.2 1,290.0 1,096.1 1,762.2 1,611.2 1,536.3 898.5 812.8 1,192.1 632.8 421.2 611.2 551.1 359.0 533.1 356.0 348.8 202.1 362.5 333.4 291.3 364.6 413.4 471.1 508.2 385.4 423.5 426.5 455.0 423.6 308.7 118.8 81.9 80.3 100.1 118.3 100.1 101.3 77.3 156.3 176.1 93.7 115.3 69.3 52.6 67.2 66.9 98.1 92.1 99.9 99.0 124.3 98.7 77.0 104.5 95.4 125.9 133.2 115.5 142.8 30.6
Short-Term Investments 0 582 0 0 0 0 0 37 362 576 624 640 359 175 116 0 0 25 522 501 500 501 0 0 826 998 973 1,553 1,981 3,660 4,158.1 4,145.8 4,240.7 4,859.9 4,407.0 3,721.8 2,936.2 2,218.9 1,956.0 1,677.2 1,525.6 1,171.2 1,211.2 1,299.1 1,379.6 1,142.2 1,193.4 3,660.8 5,422.4 5,462.7 5,487.5 4,182.9 3,570.4 3,646.8 3,769.5 3,129.6 2,426.6 2,024.8 1,983.5 1,338.2 1,194.5 1,303.3 941.9 864.2 886.9 598.0 356.8 256.1 205.8 98.9 38.9 80.2 41.4 122.5 73.0 22.4 0 8.0 32.7 72.7 85.5 72.7 52.9 137.6 142.0 122.8 144.4 206.4 79.6 151.7 148.0 63.0 70.2 64.2 67.5 62.5 68.3 49.3 45.5 30.4 26.4 11.0 26.1 43.3 23.6 38.8 77.4 0 0
Net Receivables 3,520 3,820 4,013 4,370 3,290 3,199 3,649 3,814 3,296 3,253 3,447 2,805 2,048 2,229 2,284 2,249 1,611 1,358 1,555 1,290 586 529 859 566 667 1,680 1,788 1,973 1,491 1,523 1,719.1 1,715.1 1,530.3 1,217.8 1,437.8 1,230.6 934.3 860.1 1,105.1 983.0 857.1 645.2 890.5 889.9 706.8 643.9 843.6 841.1 627.2 536.0 706.2 649.2 471.8 367.5 493.8 429.5 324.6 264.5 345.3 321.4 222.0 162.4 248.9 208.1 132.5 118.7 169.9 150.0 104.7 92.3 138.9 132.5 97.3 70.7 103.6 76.8 52.1 48.5 58.6 53.0 33.8 30.0 36.2 31.8 25.9 18.3 24.1 23.7 19.1 10.8 18.8 23.6 16.1 13.6 16.7 22.0 20.2 15.7 25.0 25.8 20.7 13.9 29.7 42.8 52.9 21.8 30.9 24.1 160.2
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 0 0 0 0 0 0 0 0 0 0 21.9 0 0 0 0 0 0 0 0 0
Other Current Assets 771 48 602 672 552 541 615 482 452 454 434 453 430 666 377 342 320 231 238 435 585 277 0 0 0 364 0 0 0 0 0 0 0 0 0 0 0 0 1.2 1.6 1.7 0 91.7 107.5 138.4 0.8 57.3 129.0 93.4 85.5 91.7 331.8 377.0 131.7 51.2 41.7 58.1 40.5 36.1 52.9 81.4 71.6 74.4 58.9 65.7 67.3 42.0 20.1 17.3 14.7 2.8 3.0 2.9 15.4 2.7 2.7 2.6 2.5 17.8 21.3 21.0 22.3 22.6 22.0 23.9 23.6 26.0 23.5 22.4 22.5 20.8 16.9 17.0 18.2 18.2 19.6 17.5 15.4 7.0 19.5 17.5 29.4 20.8 27.2 15.8 17.9 10.4 16.6 6.6
Total Current Assets 20,934 22,264 21,703 23,263 19,950 20,491 20,529 21,293 20,476 17,034 18,479 19,349 17,632 15,798 12,410 14,924 12,875 13,145 14,352 13,789 14,108 12,206 12,583 11,453 9,260 9,833 10,056 10,020 7,077 8,407 9,467.8 10,033.4 9,504.9 9,034.8 9,124.6 8,272.6 6,987.9 5,401.5 5,833.6 5,914.5 4,864.8 3,553.2 4,299.0 4,693.5 5,967.5 5,267.4 7,303.9 8,508.8 7,855.9 7,480.9 7,489.0 6,926.1 6,030.5 5,682.4 5,365.7 4,578.3 4,203.1 3,066.8 2,882.0 2,376.4 2,105.7 1,957.5 1,840.1 1,557.7 1,476.6 1,022.9 950.4 797.0 646.4 623.8 639.2 723.2 683.6 613 629.8 552.4 555.8 503.1 437.6 286.9 243.8 223.7 230.8 317.8 298.2 272.5 279.0 416.1 300.5 283.5 309.6 180.9 162.1 169.6 178.2 210.8 208.6 185.3 186.0 211.0 178.5 131.2 181.1 208.7 218.1 211.7 234.2 183.5 197.4
Non-Current Assets
Property, Plant & Equipment 784 807 1,422 1,441 1,412 1,391 1,482 1,512 1,468 1,489 1,376 1,340 1,321 1,314 1,281 1,303 1,331 1,318 1,207 1,205 1,214 1,285 1,312 1,313 1,316 1,358 1,316 1,355 1,330 656 642.9 613.5 573.0 480.1 457.5 425.1 381.2 347.0 339.8 320.4 299.8 274.8 257.1 246.1 214.9 199.0 203.8 168.7 149.4 135.1 119.8 109.1 92.5 89.3 81.9 78.6 73.5 64.3 53.8 49.3 44.4 39.7 35.9 35.0 30.8 30.5 29.3 29.7 28.6 29.4 28.4 27.5 26.9 27.1 25.1 22.1 21.4 21.7 20.7 20.0 18.0 18.3 17.7 17.6 17.7 15.8 15.9 15.5 15.7 16.5 16.6 16.1 17.7 21.4 25.3 28.2 31.3 32.3 33.1 34.9 35.9 37.1 46.3 41.6 37.1 28 20.6 15.3 10
Goodwill 2,662 2,669 2,669 2,855 2,816 2,799 2,838 2,814 2,815 2,826 2,804 2,821 2,816 2,807 2,808 2,842 2,878 2,887 1,872 1,886 1,882 1,895 1,865 2,412 2,391 2,913 2,885 2,915 2,907 2,910 2,845.1 2,850.4 2,754.7 2,737.7 2,727.9 2,418.6 2,402.3 2,396.9 2,416.3 3,360.6 3,378.3 3,375 3,386.5 3,366.4 3,327.8 3,326.5 3,483.1 1,905.6 1,771.5 1,767.9 1,761.2 1,738.3 502.3 522.7 517.7 508.3 520.8 504.8 510.2 529.6 525.8 510.9 453.6 426.3 333.5 350.6 350.0 347.2 321.1 326.9 353.4 311.2 295.3 287.2 270.8 236.6 228.4 226.7 218.8 213.8 201.3 0 0 0 0 138.9 0 0 0 8.8 0 0 0 0 10.5 0 0 23.6 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 882 918 961 1,291 1,333 1,382 1,450 1,498 1,553 1,613 1,660 1,722 1,777 1,829 1,855 1,925 1,997 2,057 1,677 1,725 1,762 1,812 1,838 1,865 1,897 1,954 1,985 2,041 2,078 2,125 2,117.3 2,162.8 2,140.1 2,176.8 2,218.2 1,914.8 1,952.0 1,993.9 2,040.2 2,082.1 2,128.5 2,167.5 2,203.3 2,246.6 2,282.3 2,334.8 2,175.2 976.9 998.3 1,020.0 1,038.9 1,052.1 191.1 208.1 192.5 196.0 210.9 200.2 210.7 228.9 234.1 232.0 243.2 236.5 156.8 172.1 179.8 183.0 174.9 193.2 213.4 192.6 182.8 182.7 182.4 152.2 148.3 152.9 153.1 149.3 146.5 348.1 361.4 214.4 226.7 98.9 226.8 46.4 15.6 7.1 13.7 10.5 10.5 10.5 0 22.5 22.5 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 473 0 651 559 538 536 500 468 443 440 420 440 806 2,789 2,650 2,381 2,200 3,175 3,283 4,319 3,788 3,759 3,672 2,946 2,056 4,477 4,319 4,618 8,445 8,408 9,114.2 9,444.9 9,432.8 10,421.6 11,114.3 10,263.7 10,140.6 9,591.1 9,296.4 7,954.4 7,594.3 7,931.4 6,391.6 6,395.5 4,973.6 3,755.7 1,965.2 26.4 25.7 0 20.0 21.0 0 0 0 0 0 0 0 0 0 0 0.4 0.4 0.4 0.4 0.3 0.3 9.1 9.1 14.3 14.9 7.5 0 18.7 0 0 0 0 0 0 0 0 0 0 9.4 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 1,985 2,606 1,346 1,275 1,142 1,109 988 692 686 265 546 548 486 211 336 313 382 505 44 (150) (210) 917 (131) (8) 156 867 17 41 16 181 (308.0) (311.2) 132.2 600.3 (261.3) (233.9) (367.6) 108.6 (695.0) (748.8) (761.4) 118.7 67.4 69.8 68.3 48.8 48.5 7.3 7.7 33.5 15.9 16.3 35.1 35.8 36.7 38.5 41.3 23.5 21.4 17.2 8.4 14.4 14.4 15.5 13.9 4.0 4.7 4.9 5.5 7.6 17.9 18.8 19.2 22.3 21.1 20.2 21.0 21.8 21.4 15.2 18.0 17.4 17.6 17.4 17.2 0.4 16.2 16.7 21.4 21.9 22.3 21.5 17.9 9.7 9.8 20.6 19.7 21.0 22.6 22.8 26.2 26.8 58.2 242.6 227.5 202.2 12.3 6 2.3
Total Non-Current Assets 6,786 7,000 7,049 7,421 7,241 7,217 7,449 7,248 7,252 7,308 7,156 7,209 7,574 9,563 9,653 9,569 9,509 10,496 8,989 10,092 9,547 9,668 9,562 9,459 8,602 11,569 11,390 11,474 15,289 14,280 14,902.6 15,262.9 15,514.1 16,416.5 16,664.5 15,185.8 15,006.4 14,437.5 14,200.2 13,772.7 13,469.8 13,867.3 12,315.8 12,333.9 10,875.0 9,673.2 7,880.5 3,091.6 2,957.7 2,963.5 2,956.6 2,941.2 824.7 887.4 852.1 850.5 889.8 903.8 933.6 983.6 959.7 948.5 906.5 888.1 725.0 811.3 846.7 695.3 681.6 720.1 816.9 768.4 744.6 737.9 740.9 615.3 610.0 602.6 596.9 541.3 529.6 530.3 545.0 249.5 261.6 269.5 258.9 78.6 52.7 54.3 52.7 48.1 46.1 41.6 45.6 71.3 73.6 76.9 55.7 57.7 62.1 63.9 104.5 284.2 264.6 230.2 32.9 21.3 12.3
Total Assets 27,720 29,264 28,752 30,684 27,191 27,708 27,978 28,541 27,728 24,342 25,635 26,558 25,206 25,361 22,063 24,493 22,384 23,641 23,341 23,881 23,655 21,874 22,145 20,912 17,862 21,402 21,446 21,494 22,366 22,687 24,370.5 25,296.3 25,019.0 25,451.3 25,789.1 23,458.3 21,994.3 19,839.0 20,033.8 19,687.2 18,334.5 17,420.6 16,614.8 17,027.3 16,842.5 14,940.6 15,184.4 11,600.3 10,813.7 10,444.5 10,445.7 9,867.4 6,855.1 6,569.7 6,217.8 5,428.8 5,092.8 3,970.7 3,815.6 3,360.1 3,065.4 2,906.0 2,746.5 2,445.7 2,201.6 1,834.2 1,797.0 1,492.3 1,328.0 1,344.0 1,456.1 1,491.5 1,428.2 1,350.9 1,370.7 1,167.7 1,165.7 1,105.6 1,034.5 828.2 773.4 754.0 775.8 567.3 559.8 542.1 537.9 494.6 353.2 337.8 362.3 229.0 208.3 211.2 223.8 282.1 282.2 262.2 241.7 268.7 240.6 195.1 285.6 492.8 482.7 441.9 267.1 204.8 209.7
Current Liabilities
Account Payables 4,131 5,094 4,025 4,280 3,292 3,824 4,065 3,928 3,268 3,374 3,020 2,123 2,132 2,507 2,131 2,240 1,504 1,586 1,466 1,028 570 735 1,114 581 926 1,239 1,275 1,291 934 1,134 1,174.6 1,053.5 841.3 667.5 805.7 598.2 407.6 419.1 494.6 431.9 334.8 322.8 388.5 367.2 567.3 281.5 525.4 340.9 299.4 247.3 312.9 316.3 250.5 184.6 240.2 201.2 174.0 146.9 169.5 127.8 115.5 90.3 112.8 119.1 75.3 60.6 63.0 77.2 77.8 46.3 65.8 78.4 68.9 47.7 59.4 59.0 57.9 49.0 53.8 56.4 49.4 37.9 48.9 57.2 58.9 40.6 50.6 49.4 38.0 25.1 38.5 46.9 36.0 35.4 41.0 55.4 62.2 45.9 34.9 69.5 51.4 40.7 59.4 73.3 59.4 24.3 32.9 26.9 13.1
Short-Term Debt 3,015 1,880 999 999 655 1,745 2,419 3,447 3,462 1,961 1,913 855 854 500 1,234 1,283 1,333 1,989 1,158 2,180 3,905 985 979 973 995 988 982 975 968 0 0 948.2 941.7 710.9 899.8 899.5 974.5 967.7 961.0 0 0 0 0 0 0 37.1 37.8 41.3 97.7 151.9 538.3 532.2 526.2 520.3 514.5 508.8 503.2 497.6 492.2 486.8 481.6 0.2 0.2 42.0 78.3 159.9 220.7 297.9 306.4 317.9 467.5 520.1 570.1 569.8 569.5 569.2 569.0 0 0 0 0 0 0 0 0 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 8,189 5,270 6,283 9,149 6,871 4,031 4,907 6,931 5,328 3,254 3,717 6,040 4,500 2,223 2,253 4,395 2,765 906 1,086 1,896 643 323 487 910 960 1,561 1,567 2,343 1,797 1,022 1,101.3 1,802.2 1,425.6 980.5 827.4 1,185.6 879.4 614.4 568.3 758.3 535.5 434.9 413.5 660.3 525.1 460.6 416.9 569.3 472.0 437.1 430.7 535.6 403.5 368.8 0 0 0 36.8 0 0 0 70.6 117.8 141.6 71.1 60.8 50.4 41.7 35.6 29.7 92.7 82.5 55.9 59.6 124.6 50.1 96.5 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 0 0 0 0 0 0 0 0 0 0 0 0 0 2,726 0 0 0 1,344 0 0 0 1,049 366 451 298 1,234 0 0 516 1,051 0 0 0 1,350.2 0 0 0 614.9 0 792.1 636.2 434.9 504.3 836.6 525.6 460.6 417.9 594.7 550.6 559.3 511.3 535.6 403.5 368.8 343.3 384.5 314.8 202.4 213.8 243.7 166.8 136.9 117.8 141.6 71.1 89.8 50.4 41.7 35.6 75.1 30.5 31.5 23.9 0 7.7 10.7 8.8 4.8 7.3 10.4 18.6 13.3 14.1 15.4 12.0 10.1 10.9 12.2 3.1 3.5 3.1 2.1 2.8 2.1 3.5 0 5.0 5.1 4.9 5.2 5.0 38.6 35.4 27.6 18.0 15 10.8 6.6 9
Total Current Liabilities 19,811 16,698 16,265 18,636 16,394 15,647 16,678 18,206 16,832 13,330 12,832 12,481 11,070 8,474 8,543 10,282 7,478 6,246 5,779 6,724 6,468 3,425 3,968 3,909 4,136 5,366 5,528 6,349 5,576 3,555 3,930.2 5,222.5 4,447.4 3,497.9 3,624.3 3,757.0 3,248.2 2,858.7 2,906.0 2,209.7 1,987.6 1,439.3 1,582.8 1,931.1 1,703.2 1,380.0 1,589.1 1,507.2 1,431.0 1,381.7 1,825.8 1,771.4 1,605.3 1,461.7 1,475.3 1,366.6 1,290.2 1,105.8 1,181.3 1,126.2 1,086.7 471.2 506.3 465.8 343.6 408.8 477.6 518.7 494.3 546.7 656.5 712.4 718.9 694.8 761.1 689.0 732.2 100.7 104.3 103.7 88.2 71.0 88.1 93.2 90.5 74.4 86.6 84.0 59.3 49.6 64.5 72.3 63.8 65.3 70.3 92.7 99.0 87.3 70.4 106.9 83.0 79.3 94.9 100.9 77.5 39.3 43.7 33.5 22.1
Non-Current Liabilities
Long-Term Debt 15,398 16,856 15,997 17,473 15,369 14,853 13,793 13,361 13,438 12,223 11,856 13,198 11,272 11,985 7,950 8,190 8,435 8,937 9,876 9,986 9,930 11,029 10,829 10,633 7,553 7,640 7,512 7,686 7,619 8,649 8,703.9 7,764.6 7,990.4 8,809.8 8,726.7 7,564.6 7,286.1 6,170.5 6,347.2 7,255.2 6,321.2 6,158.4 5,421.3 5,400.0 5,304.1 3,850.1 3,887.2 1,764.4 1,757.5 1,750.6 1,767.8 1,762.9 887.2 882.0 937.3 937.8 938.4 77.4 82.8 88.2 93.6 476.3 471.1 474.1 480.1 36.0 50.2 58.6 66.1 75.1 0 0 0 0 0 0 0 568.9 523.7 223.3 223.2 223.5 223.6 224.2 223.6 224.4 224.6 223.3 125.0 124.5 125 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1
Deferred Tax Liabilities 0 17 14 36 154 289 191 264 287 258 350 338 368 685 723 805 721 905 906 1,107 1,111 1,127 1,006 931 786 876 868 504 513 370 491.2 502.6 481.2 481.1 407.9 397.4 497.8 822.3 802.4 803.9 830.2 892.6 952.4 991.9 1,072.0 1,040.3 866.2 396.5 334.6 326.4 371.5 387.3 41.5 45.2 46.3 45.2 45.7 47.0 47.4 54.7 55.9 56.4 59.4 59.2 36.0 43.8 45.7 46.6 44.3 48.9 54.4 49.6 46.6 46.5 47.2 40.3 39.2 39.7 43.0 41.9 41.2 42.4 44.6 21.9 22.6 25.7 25.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 705 714 679 679 910 456 461 457 667 642 675 673 883 851 891 891 1,028 1,024 940 946 1,051 1,034 1,028 1,023 1,114 1,125 1,121 1,153 1,255 1,328 1,293.4 1,288.3 1,412.2 1,398.9 143.8 134.5 128.6 138.8 141.1 947.6 973.4 1,027.4 131.5 146.4 133.0 (794.6) 107.9 106.9 76.9 67.4 47.2 45.3 90.6 229.2 47.8 41.1 43.5 (7.8) 37.1 33.9 47.2 (13.4) 28.5 62.2 25.2 24.1 21.8 21.0 18.7 (106.0) 71.2 65.7 60.7 59.9 12.5 12.0 11.5 11.9 12.3 11.7 11.2 10.9 3.1 0.8 1.6 30.7 0.6 15.5 13.9 14.5 14.0 13.7 13.9 14.2 1.0 15.0 15.8 28.2 3.4 3.8 4.7 5.1 0 0 0 0 0 0 0
Total Non-Current Liabilities 16,633 18,144 17,223 18,705 16,909 16,081 14,953 14,611 14,948 13,756 13,428 14,742 13,062 14,105 9,850 10,209 10,533 11,217 12,017 12,353 12,423 13,556 13,264 13,004 9,891 10,103 9,967 9,838 9,875 10,347 10,488.4 9,555.5 9,883.8 10,689.8 9,278.4 8,096.6 7,912.5 7,131.6 7,290.7 8,202.8 7,294.6 7,185.8 6,505.2 6,538.2 6,509.1 4,993.5 4,861.3 2,267.7 2,169.0 2,144.5 2,186.5 2,195.5 1,210.2 1,156.4 1,031.4 1,024.2 1,027.6 163.5 167.4 176.8 196.7 575.7 559.0 595.5 541.3 103.8 117.7 126.1 129.1 66.9 71.2 65.7 60.7 59.9 59.7 52.3 50.6 633.9 592.4 290.3 289.0 290.3 284.7 260.4 261.2 268.6 264.0 238.8 138.9 139.1 139.0 13.7 13.9 14.2 1.0 15.0 15.8 28.2 3.4 3.8 4.7 5.1 59.4 73.3 59.4 24.3 32.9 26.9 1
Total Liabilities 36,444 34,842 33,488 37,341 33,303 31,728 31,631 32,817 31,780 27,086 26,260 27,223 24,132 22,579 18,393 20,491 18,011 17,463 17,796 19,077 18,891 16,981 17,232 16,913 14,027 15,469 15,495 16,187 15,451 13,902 14,418.7 14,778.0 14,331.2 14,187.7 12,902.7 11,853.6 11,160.7 9,990.3 10,196.7 10,412.5 9,282.2 8,625.1 8,088.0 8,469.4 8,212.4 6,373.5 6,450.5 3,775.0 3,600.0 3,526.2 4,012.3 3,966.9 2,815.5 2,618.1 2,506.7 2,390.8 2,317.9 1,269.3 1,348.7 1,303.0 1,283.4 1,046.9 1,065.3 1,061.3 884.9 512.6 595.3 644.9 623.4 613.6 727.7 778.1 779.6 754.7 820.7 741.2 782.8 734.6 696.8 394.1 377.3 361.3 372.8 353.6 351.8 342.9 350.6 322.8 198.2 188.7 203.6 86.0 77.7 79.5 71.3 107.6 114.8 115.5 73.7 110.7 87.7 84.4 94.9 100.9 77.5 39.3 43.7 33.5 23.1
Stockholders' Equity
Common Stock 13 1 1 1 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 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 1.9 1.9 1.9 1.9 1.9 1.8 1.8 1.7 1.6 1.5 1.4 1.4 1.4 1.3 1.2 0 0
Retained Earnings 41,420 40,670 39,553 37,119 36,539 36,525 35,749 33,527 32,304 31,830 31,608 29,097 27,807 27,541 26,306 24,640 23,783 24,453 23,835 23,066 23,233 23,288 23,453 22,652 22,530 23,232 22,061 20,111 19,132 18,367 17,720.7 15,953.1 14,975.7 13,938.9 14,513.4 12,793.0 12,072.8 11,326.9 10,652.9 10,146.9 9,566.3 9,191.9 8,687.6 7,490.9 6,973.8 6,640.5 6,188.7 5,126.4 4,550.0 4,218.8 3,840.7 3,007.7 2,570.1 2,368.6 2,105.4 1,524.6 1,163.5 1,033.7 858.4 396.5 163.5 69.1 (62.9) (285.8) (400.8) (454.7) (533.1) (852.1) (919.1) (913.0) (946.3) (1,034.3) (1,088.4) (1,106.5) (1,139.4) (1,243.7) (1,278.3) (1,262.0) (1,275.3) (1,323.0) (1,335.5) (1,334.6) (1,338.4) (1,509.0) (1,521.3) (1,525.4) (1,530.4) (1,539.7) (1,551.1) (1,555.4) (1,557.7) (1,566.2) (1,573.8) (1,565.9) (1,558.5) (1,534.1) (1,540.5) (1,544.3) (1,543.0) (1,539.4) (1,542.2) (1,528.5) (1,404.8) (1,205.7) (1,194.0) (1,180.4) (258.9) (156.7) (142.5)
Accumulated Other Comprehensive Income (310) (290) (301) (303) (387) (375) (303) (324) (356) (323) (285) (291) (267) (267) (391) (252) (183) (144) (72) (43) (160) (118) (196) (233) (342) (191) (265) (230) (169) (316) (233.8) (76.3) 56.4 237.0 653.7 573.9 247.1 (134.7) 322.3 135.4 297.8 244.9 (185.5) (43.1) (224.5) (259.9) (72.2) 78.3 92.8 84.7 39.8 (75.6) (88.1) (23.7) (62.9) (107.6) (51.1) (87.6) (59.8) 19.5 10.4 (32.9) (19.0) (94.7) (47.8) (3) 4.8 (11.1) (64.5) (40.4) 3.8 75.1 73.6 50.3 49.6 35.0 29.5 26.3 12.2 11.9 (3.5) (15.2) (9.3) (5.4) 3.6 11.9 0.1 (1.5) (0.5) (0.7) (1.0) (1.5) 0 0.1 0.1 0.1 0 0 (3.5) (4.3) (8.5) (14.2) (1.2) 2.2 6.0 0 0 0 0
Total Stockholders' Equity (8,724) (5,578) (4,736) (6,657) (6,112) (4,020) (3,653) (4,276) (4,052) (2,744) (625) (665) 1,074 2,782 3,670 4,002 4,373 6,178 5,545 4,804 4,764 4,893 4,913 3,999 3,835 5,933 5,951 5,307 6,915 8,785 9,951.8 10,518.3 10,687.7 11,263.6 12,886.4 11,604.7 10,833.5 9,848.7 9,837.1 9,274.7 9,052.4 8,795.5 8,526.8 8,558.0 8,630.1 8,567.0 8,733.9 7,825.4 7,213.7 6,918.3 6,433.4 5,900.5 4,039.6 3,951.6 3,577.9 2,927.8 2,591.7 2,574.3 2,390.3 1,989.6 1,724.4 1,813.3 1,637.0 1,384.5 1,316.6 1,321.6 1,201.7 847.5 704.7 730.4 728.4 696.4 629.0 579.1 534.9 405.2 359.7 348.6 317.1 408.5 371.9 369.1 379.1 209.2 203.6 199.1 182.8 171.1 155.0 149.1 158.7 143.0 130.5 131.7 152.5 174.5 167.3 146.7 142.6 102.9 72.8 (248.9) 190.7 391.9 405.3 402.6 223.4 171.3 186.6
Total Liabilities & Equity 27,720 29,264 28,752 30,684 27,191 27,708 27,978 28,541 27,728 24,342 25,635 26,558 25,206 25,361 22,063 24,493 22,384 23,641 23,341 23,881 23,655 21,874 22,145 20,912 17,862 21,402 21,446 21,494 22,366 22,687 24,370.5 25,296.3 25,019.0 25,451.3 25,789.1 23,458.3 21,994.3 19,839.0 20,033.8 19,687.2 18,334.5 17,420.6 16,614.8 17,027.3 16,842.5 14,940.6 15,184.4 11,600.3 10,813.7 10,444.5 10,445.7 9,867.4 6,855.1 6,569.7 6,217.8 5,428.8 5,092.8 3,970.7 3,815.6 3,360.1 3,065.4 2,906.0 2,746.5 2,445.7 2,201.6 1,834.2 1,797.0 1,492.3 1,328.0 1,344.0 1,456.1 1,491.5 1,428.2 1,350.9 1,370.7 1,167.7 1,165.7 1,105.6 1,034.5 828.2 773.4 754.0 775.8 567.3 559.8 542.1 537.9 494.6 353.2 337.8 362.3 229.0 208.3 211.2 223.8 282.1 282.2 262.2 241.7 268.7 240.6 195.1 285.6 492.8 482.7 441.9 267.1 204.8 209.7
Debt Metrics
Total Debt 18,943 19,293 17,529 18,989 16,500 17,081 16,720 17,337 17,456 14,783 14,316 14,586 12,665 13,037 9,470 9,796 10,117 11,277 11,329 12,480 14,166 12,380 12,209 12,023 8,986 9,090 8,960 9,156 9,075 8,649 8,703.9 8,712.8 8,932.1 9,520.7 9,626.5 8,464.1 8,260.6 7,138.3 7,308.2 7,255.2 6,321.2 6,158.4 5,421.3 5,400.0 5,304.1 3,887.0 3,925.0 1,805.7 1,850.9 1,894.0 2,269.3 2,252.3 1,413.5 1,402.3 1,451.8 1,446.7 1,441.6 575 575 575 575.2 476.4 471.3 516.0 558.5 195.9 270.9 356.5 372.5 393.0 467.5 520.1 570.1 569.8 569.5 569.2 569.0 568.9 523.7 223.3 223.2 223.5 223.6 224.2 223.6 224.4 224.6 223.3 125.0 124.5 125 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1
Net Debt 2,919 2,090 1,020 1,394 922 917 945 1,047 1,827 2,676 1,022 (16) (1,475) 816 449 (2,045) (432) 150 (314) 1,249 2,015 1,818 1,012 1,619 2,623 2,778 2,494 3,900 6,741 6,025 5,730.8 5,526.1 6,310.0 6,979.1 6,780.2 5,829.9 5,826.6 5,057.2 4,885.9 4,561.5 4,464.0 4,681.2 3,579.7 3,511.0 2,048.3 738.3 (1,118.7) (1,698.2) 562.7 604.0 1,173.2 490.1 (197.8) (134.0) 553.3 633.9 249.5 (57.8) 153.8 (36.2) 24.1 117.5 (61.8) 160.0 209.7 (6.3) (91.5) 23.0 81.2 28.4 54.1 49.0 61.8 184.4 145.9 142.6 114.0 145.3 215.0 104.5 141.3 143.2 123.5 106.0 123.5 123.1 147.3 67.0 (51.1) 30.8 9.7 (69.3) (52.6) (67.2) (66.9) (98.1) (92.1) (99.9) (99.0) (124.3) (98.7) (77.0) (104.5) (95.4) (125.9) (133.2) (115.5) (142.8) (29.6)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Operating Activities
Net Income 1,083 1,428 2,748 895 333 1,068 2,517 1,521 776 222 2,511 1,290 266 1,235 1,666 857 (700) 618 769 (167) (55) (165) 801 122 (699) 1,171 1,950 979 765 645.8 1,767.6 977.4 607.2 (555.5) 1,720.4 720.2 455.6 673.9 506.0 580.6 374.4 504.3 1,196.7 517.0 333.3 451.8 1,062.3 576.5 331.2 378.1 833.0 437.4 244.3 289.6 600.0 352.7 181.8 226.0 472.9 256.3 104.0 135.1 224.6 114.6 53.9 78.5 319.0 67.0 25.0 33.3 88.0 54.1 18.2 32.9 104.4 34.6 (14.7) 13.2 48.8 12.5 (0.1) 3.8 171.6 12.4 5.0 5.0 10.0 11.4 5.1 2.2 9.7 7.7 (7.7) (7.4) (23.8) 6.3 5.7 (1.3) 5.0 2.8 (13.8) (105.1) (191.9) (4.5) (13.6) (921.5) (102.2) (14.2) (17.2)
Depreciation & Amortization 131 191 199 194 184 203 190 181 177 175 169 160 161 163 145 149 150 141 146 154 158 161 161 157 163 162 159 162 158 108.6 107.6 106.7 103.1 97.6 95.9 85.9 83.4 79.8 78.7 77.7 72.9 70.8 69.1 67.7 65.0 71.6 57.6 40.3 38.4 37.1 35.7 26.0 19.1 17.6 16.0 15.7 15.8 13.7 14.0 13.7 12.5 14.2 14.8 11.7 9.8 10.0 10.1 9.7 9.4 10.4 9.3 12.0 11.4 11.7 9.9 9.8 9.3 9.8 9.3 9.1 8.6 8.5 8.4 5.8 6.2 4.1 4.3 3.6 2.4 2.5 2.6 2.8 3.9 4.5 4.8 4.5 4.5 (5.0) 5.0 7.7 8.9 6.7 4.5 3.6 2.7 1.8 1.6 1.2 0.7
Stock-Based Compensation 141 167 153 154 143 167 148 140 144 161 128 128 113 102 101 108 93 86 86 91 113 76 85 83 11 80 83 84 78 105.1 76.4 78.0 71.5 68.7 66.5 67.0 59.1 74.6 54.1 55.0 66.0 75.1 58.8 60.7 54.5 67.2 47.0 35.7 39.4 50.3 35.0 35.0 21.8 20.0 17.7 17.7 16.6 25.4 13.4 13.2 14.1 19.8 21.3 15.5 11.9 7.9 10.9 11.3 10.6 40.5 27.2 23.4 9.9 16.3 27.2 23.4 3.2 14.9 2.2 0 3.0 4.2 0 9.8 0.7 0.6 0 0 0.1 0.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 1,892 (449) (2,102) 1,035 2,051 (1,143) (2,330) 626 1,704 604 (1,456) 85 2,476 1,028 (2,229) 1,670 1,326 (448) (209) 1,188 (262) (299) (177) 353 (897) (183) (364) 558 (550) (205.7) (20.1) 492.0 (141.1) 1,521.7 (47.9) 330.8 (226.3) 284.8 (115.2) 265.6 (219.3) 203.1 (15.0) 39.9 (236.0) 153.5 82.7 (0.0) (261.7) 63.1 29.0 72.5 (111.6) 149.2 21.8 21.7 (48.9) (1.7) 37.2 (79.4) 128.8 (0.1) 23.3 21.2 6.5 40.2 20.7 (9.4) 16.2 10.3 (23.5) 3.2 (1.1) 10.9 (17.2) (45.2) 31.6 3.1 (4.9) (2.6) 9.3 (1.3) (9.6) (6.0) 11.0 (4.7) 0.1 (5.6) 2.9 (2.7) (1.7) (1.6) (4.3) 0.4 (19.0) (8.4) 4.4 8.1 (33.6) 9.2 (4.3) 31.4 8.5 7.7 3.9 (4.6) (6.4) (3.9) (1.5)
Other Non-Cash Items (86) 186 518 1,181 716 253 1,921 24 (62) 253 40 123 213 (344) 400 (151) 1,042 (16) 1,027 (44) (111) (462) (40) (701) 1,139 (236) 44 33 (390) 554.0 37.1 25.8 (8.9) 47.9 36.4 33.8 33.2 33.3 976.3 41.2 76.0 25.6 22.4 23.4 27.3 25.9 22.2 20.3 20.8 48.5 23.0 18.5 16.8 17.2 16.8 15.0 12.1 7.8 23.0 11.6 8.6 7.1 11.9 11.7 11.2 (175.3) 7.1 6.0 3.9 (19.9) (11.3) (10.5) 2.5 (7.0) (19.9) (19.0) 1.9 (7.6) 5.4 5.0 0.7 (2.5) 3.3 (8.3) 0.5 1.9 1.0 0.7 0.3 (1.1) 0.5 (0.0) 7.3 1.3 23.1 0.3 (0.6) 21.1 7.6 7.7 2.9 34.3 187.9 2.7 1.5 911.5 90.6 0.2 0.9
Operating Cash Flow 3,215 1,490 1,435 3,201 3,283 721 2,373 2,525 2,704 1,346 1,372 1,737 2,889 2,173 2 2,684 1,695 279 1,596 1,152 (207) (577) 920 122 (380) 1,077 1,851 1,787 150 1,083.8 1,964.0 1,649.8 640.4 1,173.6 1,886.6 1,221.2 380.6 1,106.5 1,507.9 966.0 344.3 881.1 1,309.8 702.4 209.0 755.3 1,292.1 690.0 177.0 554.5 970.5 593.4 183.1 496.8 674.9 431.6 182.4 281.8 560.5 223.3 276.2 179.9 305.4 187.3 104.7 146.3 195.2 94.1 74.2 80.4 101.9 89.9 43.4 66.7 61.7 8.9 18.8 31.8 34.8 25.1 20.3 13.5 12.4 14.0 22.7 5.7 15.5 10.2 10.7 1.0 11.1 8.8 (0.8) (1.2) (14.8) 2.7 14.1 22.9 (16.0) 27.5 (6.3) (32.7) 9.0 9.5 (5.5) (12.8) (16.4) (16.7) (17.1)
Investing Activities
Capital Expenditure (107) (73) (64) (64) (121) (76) (77) (146) (130) (94) (71) (92) (88) (75) (98) (86) (109) (101) (79) (59) (65) (64) (72) (70) (80) (87) (82) (88) (111) (86.0) (121.0) (103.0) (132.0) (64.1) (76.4) (76.7) (70.6) (51.8) (102.9) (60.4) (53.3) (47.3) (42.3) (53.1) (31.3) (40.8) (28.7) (32.3) (29.7) (27.5) (20.5) (21.4) (15.1) (16.2) (10.5) (14.7) (13.7) (17.1) (11.7) (9.8) (8.3) (8.1) (4.2) (5.4) (4.8) (5.2) (1.8) (5.0) (3.1) (5.4) (5.9) 12.5 (19.5) (4.9) (5.5) (3.3) (2.2) (3.2) (3.3) (4.2) (2.1) (3.0) (1.8) (2.1) (4.1) (2.0) (2.5) (1.3) (1.2) (2.1) (2.9) (1.1) (0.5) (1.7) (3.1) (1.2) (3.1) (1.2) (2.4) (3.0) (2.8) (8.4) (9.1) (8.0) (11.8) (9.4) (6.7) (6.5) (4.8)
Acquisitions 0 0 0 0 0 0 0 0 0 (43) 0 12 0 601 0 0 0 (1,185) 0 0 0 0 0 0 0 (9) 0 (9) 0 (133.6) 0 (139.4) 0 (450.3) (552.3) (0.5) (0.0) (7.0) (0.0) (0.1) (0.7) (4.7) (89.7) (19.8) (26.2) (0.3) (2,395.0) (98.4) (2.6) (0.4) (0.7) (330.7) (0.1) (20.0) (0.4) (0.1) (13.3) (0.2) (0.9) (0.9) (66.2) (1.4) 0 (108.5) (2.5) (1.5) 0 0 0 (0.1) 0.5 (0.1) (0.5) (14.6) 0 0 0 0 0 (1.9) (1.2) (1.4) 0 0 (1) (164.7) 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 0 0 0 0 0 0 0 0 (12) 0 (12) 0 (17) (739) 0 (12) (2) 0 (15) 0 (2) 0 0 (72) 24 (116) (135) (445) (491.2) (835.2) (645.9) (713.7) (1,152.7) (2,468.5) (1,371.2) (1,498.7) (1,920.5) (2,119.1) (1,650.3) (1,051.3) (3,071.8) (911.4) (2,717.2) (2,417.9) (3,224.6) (3,038.4) (1,728.5) (2,655.4) (2,881.5) (2,885.4) (2,748.5) (1,522.2) (1,564.2) (1,802.4) (1,688.5) (1,301.5) (774.7) (1,232.2) (551.6) (488.9) (792.6) (233.3) (270.2) (526.5) (387.9) (223.5) (171.3) (139.5) (80.7) (12.7) (102.9) (16.7) (55.6) (95.9) 0 0 0 (39.6) (45.1) (27.2) (72.4) 0 4.6 (19.2) 28.2 0 0 0 (3.7) 0 0 (6.0) 3.3 (5.0) 5.9 (19.1) (3.8) (15.1) (4.0) (16.0) 0 4.5 5.9 (15.4) 38.6 (68.1) 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 75 297 218 55 48 54 1,683 2 0 0 0 500 0 8 0 0 0 1,112 1,885 159 963 4,312 2,665 1,120.0 998.8 1,015.9 2,481.3 1,108.1 991.6 803.8 676.5 848.5 658.7 924.3 1,252.6 1,903.3 949.1 1,351.2 1,334.6 1,199.5 3,629.9 3,435.4 2,652.0 2,949.8 1,692.1 2,130.7 1,521.9 1,737.5 1,215.6 975.0 925.4 694.4 509.7 407.1 618.4 450.3 195.7 257.5 212.7 137.6 141.5 130.8 31.2 33.3 50.0 41.1 94.1 22.7 27.2 (0.0) 8.0 24.7 79.7 57.9 14.5 67.2 0 0 (19.2) (6.8) 6.6 (72.0) 72.2 0 0 0 0 0 0 0 0 0 0 0 0.8 18.1 0 0 15.1 0 0 0 0
Other Investing Activities 0 2 1 3 3 1 0 (14) (19) 55 1 (1) (9) (1) 52 (36) 0 5 0 (5) 0 0 0 0 0 9 847 (9) 2,220 629 164 370 1,767 (494.4) (1,476.9) (567.4) (822.2) 0.0 (0.0) (0.0) (0.0) 0.0 0.2 (0.2) (0.1) 0.0 14.5 (0.1) (5.1) (1.3) (1.0) 0.0 (0.6) 0.7 (0.5) (2.4) 31.6 31.0 (2.9) (0.0) (0.0) (40.2) 12.3 18.5 9.7 (5.0) (0.0) 0.3 1.0 (0.7) (123.1) (30.5) 15.1 (74.7) (0.0) (22.5) (0.2) 15.3 3.5 (0.3) 1.3 (14.3) (48.5) 1.8 18.9 161.1 (102.2) (58.9) 0.1 (4.6) (88.6) 4.3 (7.4) (0.1) 3.4 (2.1) (2.1) (15.2) 4.0 6.5 (3.9) 3.8 3.4 (39.9) 0 0 (2) (9.3) 0
Investing Cash Flow (107) (71) (63) (61) (118) (75) (2) 137 69 (39) (22) (39) 1,586 510 (785) (122) (121) (783) (79) (71) (65) (66) (72) 1,042 1,733 96 765 4,080 2,109 409.2 42.6 127.6 1,635.5 (559.0) (2,105.6) (644.6) (892.8) (1,130.7) (1,563.3) (786.6) 147.3 (1,220.5) (94.1) (1,439.1) (1,140.8) (2,066.1) (1,817.7) 1,576.2 (40.9) 39.1 (1,215.4) (970.0) (16.0) 137.8 (598.3) (730.8) (371.5) (66.6) (738.0) (155.2) 55.1 (392.0) (29.5) (108.1) (311.5) (262.1) (83.8) (45.2) (110.4) (53.6) (91.1) (79.8) 72.6 (127.2) (74.1) (25.8) 5.6 36.8 40.2 6.4 (14.7) (23.8) (50.4) 4.3 (24.6) 15.7 (98.0) (132.2) 71.0 (10.5) (91.5) 3.2 (14.0) 1.5 (4.7) 2.6 (24.3) (20.2) (13.5) (0.5) (22.0) 13.6 (1.2) (42) (12.1) 29.2 (76.8) (15.8) (4.8)
Financing Activities
Net Debt Issuance 0 1,726 (1,519) 34 (1,530) 1,679 (1,114) 0 2,959 0 0 1,893 (500) 2,843 0 0 (1,102) 10 (1,086) (1,982) 2,015 0 (56) 2,920 0 0 (37) (213) 225 21.6 0 3 (1,487.5) (181.3) 967.4 (78.9) 1,051.7 0.3 0 892.2 2.5 779.1 0 (1.4) 1,464.3 (20.7) (4.1) (59.4) (58.4) (414.6) 0 980 0 (0.0) (0.0) 0 1,000 (0.2) 0.2 (0.2) 0 (0.0) 173.4 (75.0) 476.6 (75.1) (85.5) (16) (20.5) (74.5) (52.6) (49.9) 0 0 0 0 0 7.6 0 0 0 0 0 0 0 0 0 100.1 (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) (0.0) (0.0) 0 0 0 0
Stock Repurchased (3,770) (2,119) (653) (1,498) (2,170) (1,227) (1,764) (1,662) (1,856) (2,488) (2,640) (3,099) (2,150) (2,343) (1,990) (1,239) (1,049) (4) (9) (13) (137) (4) (5) (13) (1,281) (1,347) (1,349) (2,718) (2,773) (1,860.7) (2,205) (1,187) (718.9) (704.8) (567.9) (345.5) (209.8) (256.0) (233.8) (278.8) (241.7) (821.7) (1,280.8) (678.0) (308.6) (504.9) (148.1) (0.7) (96.7) (0.5) (459.7) (346.9) (76.4) (1.6) (0.2) (0.9) (254.2) (0.8) (3.7) (1.4) (157.3) (3.8) (0.2) (6.5) (118.9) (3.2) (0.9) (0.1) (13.1) (0.1) (0.9) (0.1) (3.3) (0.4) (0.6) (0.2) (1.4) (20.0) (129.9) (0.1) (5.6) (12.2) 0 0 0 0 0 0 0 (12.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (343) (307) (310) (312) (319) (289) (291) (295) (299) 0 0 0 0 0 0 0 0 0 0 0 0 0 (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 0 0 (4.0) 0 0 0 (24.6) 0 0 0 (9.4) 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 0
Other Financing Activities 87 18 (2) (21) 52 (20) 4 (12) (20) (14) (5) (19) 88 (21) (9) 1 12 (11) (1) (12) (9) 0 5 (33) 0 3 (3) (8) 0 0.7 1.1 0.9 0.2 (14.0) 1.5 1.3 1.5 (11.4) 3.5 61.4 105.2 21.8 18.1 18.7 58.6 29.4 2,270.6 8.7 13.2 9.6 8.2 (108.6) 5.4 (7.7) 0.9 (52.1) (15.2) 10.6 2.7 (7.0) 10.1 66.9 (291.6) 15.4 1.3 34.6 3.1 5.4 2.5 6.0 6.2 2.9 1.9 17.2 (0.3) (14.7) 0.2 51.4 241.4 (1.6) 0 (18.7) 18.7 0 0 0.9 3.4 (3.1) 0 (0.2) 121.0 0 0 0 0 0 0 4.4 0 (4.4) 0 0.0 0 0 0 0 0 144.6 (1)
Financing Cash Flow (4,026) (667) (2,484) (1,797) (3,967) 143 (3,165) (1,966) 784 (2,490) (2,632) (1,225) (2,562) 479 (1,999) (1,238) (2,139) (5) (1,096) (2,007) 1,869 (4) (61) 2,874 (1,281) (1,344) (1,389) (2,939) (2,548) (1,838.7) (2,203.9) (1,183.1) (2,205.2) (900.1) 401.1 (423.0) 843.4 (264.9) (218.2) 674.8 (134.0) (20.8) (1,262.7) (660.7) 1,214.2 (496.2) 2,118.4 (51.3) (141.9) (405.5) (451.6) 524.5 (71.0) (9.3) 0.6 (53.0) 730.5 5.6 (0.7) (8.6) (147.2) 38.4 (118.4) (66.0) 359.0 (43.7) (83.3) (10.8) (31.1) (73.1) (47.3) (47.1) (1.4) 20.4 5.6 (12.9) 6.3 43.5 114.4 3.9 (4.5) (8.7) 19.2 1.6 1.1 0.9 3.5 102.3 0.5 (12.4) 126.5 4.7 0.0 0.0 (11.6) 0.8 2.3 (1.8) 4.2 (1.4) 49.9 0.5 1.3 2.1 10.2 1.3 65.9 144.6 (1)
Cash Position
Net Change in Cash (1,086) 694 (1,086) 2,024 (580) 385 (521) 665 3,529 (1,191) (1,304) 458 1,921 3,205 (2,821) 1,289 (574) (511) 411 (920) 1,590 (635) 794 4,040 51 (153) 1,209 2,922 (291) (349.5) (213.4) 563.3 81.3 (284.5) 212.5 200.4 352.9 (340.3) (271.4) 836.6 379.9 (364.4) (47.3) (1,366.9) 107.2 (1,895.1) 1,539.8 2,215.7 (1.8) 193.9 (666.1) 151.0 74.9 637.9 85.7 (379.3) 559.2 211.7 (190.1) 60.2 192.1 (174.2) 177.1 7.3 146.6 (160.3) 29.0 42.2 (73.3) (48.8) (57.7) (37.2) 122.9 (38.1) (3.0) (28.5) 31.4 114.9 189.9 36.9 1.6 (19.7) (18.2) 18.2 (1.2) 24.0 (79.0) (19.8) 82.4 (21.6) 46.0 16.7 (14.6) 0.3 (31.3) 6.1 (7.9) 0.9 (25.3) 25.6 21.7 (27.5) 9.1 (30.4) (7.3) 17.7 (27.3) 112.2 (23)
Cash at Beginning 17,269 16,509 17,595 15,613 16,193 15,808 16,290 15,629 12,135 13,326 14,630 14,172 12,251 9,046 11,867 10,578 11,152 11,663 11,252 12,172 10,582 11,217 10,423 6,383 6,332 6,485 5,276 2,354 2,645 2,994.5 3,207.9 2,644.6 2,563.3 2,847.9 2,635.4 2,434.9 2,082.0 2,422.3 2,693.7 1,857.2 1,477.3 1,841.7 1,888.9 3,255.8 3,148.7 5,043.7 3,503.9 1,288.2 1,290.0 1,096.1 1,762.2 1,611.2 1,536.3 898.5 812.8 1,192.1 632.8 421.2 611.2 551.1 359.0 533.1 356.0 348.8 202.1 362.5 333.4 291.3 364.6 413.4 471.1 508.2 385.4 423.5 426.5 455.0 423.6 308.7 118.8 81.9 80.3 100.1 118.3 100.1 101.3 77.3 156.3 176.1 93.7 115.3 69.3 52.6 67.2 66.9 98.1 92.1 99.9 99.0 124.3 98.7 77.0 104.5 95.4 125.9 133.2 115.5 142.8 30.6 53.6
Cash at End 16,183 17,203 16,509 17,637 15,613 16,193 15,808 16,290 15,629 12,135 13,326 14,630 14,172 12,251 9,046 11,867 10,578 11,152 11,663 11,252 12,172 10,582 11,217 10,423 6,383 6,332 6,485 5,276 2,354 2,645 2,994.5 3,207.9 2,644.6 2,563.3 2,847.9 2,635.4 2,434.9 2,082.0 2,422.3 2,693.7 1,857.2 1,477.3 1,841.7 1,888.9 3,255.8 3,148.7 5,043.7 3,503.9 1,288.2 1,290.0 1,096.1 1,762.2 1,611.2 1,536.3 898.5 812.8 1,192.1 632.8 421.2 611.2 551.1 359.0 533.1 356.0 348.8 202.1 362.5 333.4 291.3 364.6 413.4 471.1 508.2 385.4 423.5 426.5 455.0 423.6 308.7 118.8 81.9 80.3 100.1 118.3 100.1 101.3 77.3 156.3 176.1 93.7 115.3 69.3 52.6 67.2 66.9 98.1 92.1 99.9 99.0 124.3 98.7 77.0 104.5 95.4 125.9 133.2 115.5 142.8 30.6
Free Cash Flow 3,108 1,417 1,371 3,137 3,162 645 2,296 2,379 2,574 1,252 1,301 1,645 2,801 2,098 (96) 2,598 1,586 178 1,517 1,093 (272) (641) 848 52 (460) 990 1,769 1,699 39 997.8 1,843.0 1,546.8 508.4 1,109.5 1,810.2 1,144.5 310.1 1,054.7 1,405.0 905.6 291.1 833.8 1,267.5 649.3 177.7 714.5 1,263.4 657.7 147.3 527.0 950.0 572.0 168.1 480.6 664.4 416.9 168.7 264.8 548.8 213.5 267.9 171.8 301.1 181.9 99.9 141.1 193.4 89.0 71.1 74.9 96.1 102.4 23.9 61.7 56.2 5.6 16.5 28.6 31.5 20.9 18.3 10.5 10.6 11.9 18.6 3.7 13.0 8.9 9.4 (1.2) 8.3 7.7 (1.3) (2.9) (17.9) 1.6 10.9 21.7 (18.4) 24.5 (9.1) (41.1) (0.1) 1.4 (17.3) (22.2) (23.1) (23.2) (21.9)
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 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Income Statement
Revenue 5,532 6,349 9,008 6,798 4,762 5,471 7,994 5,859 4,415 4,784 7,341 5,462 3,778 4,049 6,052 4,294 2,695 2,981 4,676 2,160 1,141 1,238 2,640 630 2,288 3,339 5,040 3,850 2,837 3,212.6 4,849 3,537 2,928 2,803.1 4,434.0 3,024.6 2,419.4 2,348.4 3,690.6 2,555.9 2,148.1 2,000.0 3,102.9 2,280.4 1,840.7 1,840.1 2,836.5 2,123.6 1,641.8 1,541.2 2,269.9 1,680.2 1,302.0 1,190.6 1,706.3 1,326.8 1,037.2 990.8 1,452.8 1,102.7 809.3 731.3 1,001.8 767.4 584.4 541.8 730.7 603.7 462.1 406.0 561.6 514.0 403.2 334.9 417.3 355.9 301.4 260.1 313.5 307.7 241.9 203.9 258.8 266.6 233.4 195.0 235.9 259.4 224.1 180.2 243.4 239.6 200.5 197.3 240.0 304.5 261.9 235.3 302.0 364.8 269.7 228.2 341.3 352.1 313.8 169.2 152.2 111.6 49.4
Gross Profit 5,532 6,349 9,008 6,798 4,762 5,471 7,994 5,859 4,415 4,784 7,341 5,462 3,778 4,049 6,052 4,294 2,695 2,981 4,676 2,160 1,141 1,238 2,640 630 2,288 3,339 5,040 3,850 2,837 3,212.6 4,849 3,537 2,928 2,769.9 4,379.8 2,957.1 2,339.0 2,276.4 3,589.1 2,429.8 2,019.5 1,879.4 2,947.3 2,092.9 1,672.2 1,674.7 2,620.0 1,883.0 1,406.5 1,333.3 1,989.1 1,383.9 1,009.7 939.8 1,396.5 1,004.1 743.3 724.7 1,100.1 749.2 505.8 478.4 666.2 445.3 319.1 313.2 434.0 305.2 208.3 205.1 316.1 253.7 181.1 160.2 202.3 157.2 119.7 99.5 123.5 105.8 72.2 64.9 80.0 65.2 57.7 49.9 51.1 53.8 43.4 31.8 40.6 40.5 33.0 30.5 37.7 48.1 42.0 39.3 50.4 60.1 47.2 41.3 58.5 58.4 51.3 113.9 19.8 11.8 6.1
Operating Income 1,271 2,030 3,940 2,250 1,062 1,729 3,179 1,856 791 609 3,103 1,673 450 1,345 2,583 1,000 174 848 2,015 (56) (311) (153) 315 (484) (309) 1,172 2,370 1,247 556 1,142.9 2,247 1,221 730 986.5 2,101.8 893.3 556.5 790.4 833.2 732.4 550.3 657.9 1,488.7 678.3 434.0 578.9 1,322.7 733.0 438.7 500.8 1,046.9 554.8 309.8 374.3 755.6 458.4 241.5 303.8 616.4 324.7 154.1 189.0 336.8 173.2 87.9 117.9 200.8 109.4 42.8 48.8 127.9 81.0 31.8 44.0 78.1 47.6 (31.7) 12.6 31.6 19.0 (1.2) 6.0 12.9 11.8 5.2 5.1 9.7 11.0 4.7 1.1 8.1 6.2 (8.2) (8.0) (25.0) 5.2 4.5 (3.2) 2.9 1 (14.6) (29.1) (5.2) (7.2) (16.3) 75 (16.2) (16) (17.6)
Net Income 1,083 1,428 2,748 895 333 1,068 2,517 1,521 776 222 2,511 1,290 266 1,235 1,666 857 (700) 618 769 (167) (55) (165) 801 122 (699) 1,171 1,950 979 765 645.8 1,767 978 607 (555.5) 1,720.4 720.2 455.6 673.9 506.0 580.6 374.4 504.3 1,196.7 517.0 333.3 451.8 1,062.3 576.5 331.2 378.1 833.0 437.3 244.3 288.7 596.6 352.3 182.0 225.7 469.5 256.4 104.8 135.7 223.0 115.0 53.9 78.5 319.0 67.0 25.0 33.3 84.5 49.8 13.8 32.9 104.4 34.6 (14.7) 13.2 48.8 12.5 (0.1) 3.8 171.6 12.4 5.0 5.0 10.0 11.4 5.1 2.2 9.7 7.7 (7.7) (7.4) (23.8) 6.3 5.7 (1.3) 5.0 2.8 (13.8) (105.1) (191.9) (4.5) (13.6) (921.5) (102.2) (14.3) (17.2)
EPS (Diluted) 1.36 1.75 3.38 1.10 0.40 1.28 2.97 1.78 0.89 0.25 2.79 1.40 0.28 1.28 1.68 0.84 -0.68 0.60 0.74 -0.16 -0.05 -0.16 0.78 0.12 -0.68 1.11 1.82 0.90 0.67 0.55 1.48 0.81 0.49 -0.46 1.38 0.58 0.36 0.54 0.41 0.46 0.30 0.40 0.94 0.40 0.25 0.34 0.80 0.44 0.25 0.29 0.63 0.34 0.19 0.23 0.47 0.28 0.14 0.18 0.37 0.20 0.08 0.11 0.18 0.09 0.04 0.06 0.26 0.06 0.02 0.03 0.07 0.04 0.01 0.03 0.09 0.03 -0.02 0.01 0.04 0.01 -0.00 0.00 0.15 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.01 -0.01 -0.01 -0.02 0.01 0.00 -0.00 -0.00 0.00 -0.02 -0.15 -0.28 -0.01 -0.02 -1.64 -0.17 -0.02 -0.03
Balance Sheet
Cash & Equivalents 16,024 17,203 16,509 17,595 15,578 16,164 15,775 16,290 15,629 12,107 13,294 14,602 14,140 12,221 9,021 11,841 10,549 11,127 11,643 11,231 12,151 10,562 11,197 10,404 6,363 6,312 6,466 5,256 2,334 2,624 2,973.1 3,186.7 2,622.1 2,541.6 2,846.3 2,634.3 2,434.0 2,081.1 2,422.3 2,693.7 1,857.2 1,477.3 1,841.7 1,888.9 3,255.8 3,148.7 5,043.7 3,503.9 1,288.2 1,290.0 1,096.1 1,762.2 1,611.2 1,536.3 898.5 812.8 1,192.1 632.8 421.2 611.2 551.1 359.0 533.1 356.0 348.8 202.1 362.5 333.4 291.3 364.6 413.4 471.1 508.2 385.4 423.5 426.5 455.0 423.6 308.7 118.8 81.9 80.3 100.1 118.3 100.1 101.3 77.3 156.3 176.1 93.7 115.3 69.3 52.6 67.2 66.9 98.1 92.1 99.9 99.0 124.3 98.7 77.0 104.5 95.4 125.9 133.2 115.5 142.8 30.6
Total Assets 27,720 29,264 28,752 30,684 27,191 27,708 27,978 28,541 27,728 24,342 25,635 26,558 25,206 25,361 22,063 24,493 22,384 23,641 23,341 23,881 23,655 21,874 22,145 20,912 17,862 21,402 21,446 21,494 22,366 22,687 24,370.5 25,296.3 25,019.0 25,451.3 25,789.1 23,458.3 21,994.3 19,839.0 20,033.8 19,687.2 18,334.5 17,420.6 16,614.8 17,027.3 16,842.5 14,940.6 15,184.4 11,600.3 10,813.7 10,444.5 10,445.7 9,867.4 6,855.1 6,569.7 6,217.8 5,428.8 5,092.8 3,970.7 3,815.6 3,360.1 3,065.4 2,906.0 2,746.5 2,445.7 2,201.6 1,834.2 1,797.0 1,492.3 1,328.0 1,344.0 1,456.1 1,491.5 1,428.2 1,350.9 1,370.7 1,167.7 1,165.7 1,105.6 1,034.5 828.2 773.4 754.0 775.8 567.3 559.8 542.1 537.9 494.6 353.2 337.8 362.3 229.0 208.3 211.2 223.8 282.1 282.2 262.2 241.7 268.7 240.6 195.1 285.6 492.8 482.7 441.9 267.1 204.8 209.7
Total Debt 18,943 19,293 17,529 18,989 16,500 17,081 16,720 17,337 17,456 14,783 14,316 14,586 12,665 13,037 9,470 9,796 10,117 11,277 11,329 12,480 14,166 12,380 12,209 12,023 8,986 9,090 8,960 9,156 9,075 8,649 8,703.9 8,712.8 8,932.1 9,520.7 9,626.5 8,464.1 8,260.6 7,138.3 7,308.2 7,255.2 6,321.2 6,158.4 5,421.3 5,400.0 5,304.1 3,887.0 3,925.0 1,805.7 1,850.9 1,894.0 2,269.3 2,252.3 1,413.5 1,402.3 1,451.8 1,446.7 1,441.6 575 575 575 575.2 476.4 471.3 516.0 558.5 195.9 270.9 356.5 372.5 393.0 467.5 520.1 570.1 569.8 569.5 569.2 569.0 568.9 523.7 223.3 223.2 223.5 223.6 224.2 223.6 224.4 224.6 223.3 125.0 124.5 125 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1
Stockholders' Equity (8,724) (5,578) (4,736) (6,657) (6,112) (4,020) (3,653) (4,276) (4,052) (2,744) (625) (665) 1,074 2,782 3,670 4,002 4,373 6,178 5,545 4,804 4,764 4,893 4,913 3,999 3,835 5,933 5,951 5,307 6,915 8,785 9,951.8 10,518.3 10,687.7 11,263.6 12,886.4 11,604.7 10,833.5 9,848.7 9,837.1 9,274.7 9,052.4 8,795.5 8,526.8 8,558.0 8,630.1 8,567.0 8,733.9 7,825.4 7,213.7 6,918.3 6,433.4 5,900.5 4,039.6 3,951.6 3,577.9 2,927.8 2,591.7 2,574.3 2,390.3 1,989.6 1,724.4 1,813.3 1,637.0 1,384.5 1,316.6 1,321.6 1,201.7 847.5 704.7 730.4 728.4 696.4 629.0 579.1 534.9 405.2 359.7 348.6 317.1 408.5 371.9 369.1 379.1 209.2 203.6 199.1 182.8 171.1 155.0 149.1 158.7 143.0 130.5 131.7 152.5 174.5 167.3 146.7 142.6 102.9 72.8 (248.9) 190.7 391.9 405.3 402.6 223.4 171.3 186.6
Cash Flow
Operating Cash Flow 3,215 1,490 1,435 3,201 3,283 721 2,373 2,525 2,704 1,346 1,372 1,737 2,889 2,173 2 2,684 1,695 279 1,596 1,152 (207) (577) 920 122 (380) 1,077 1,851 1,787 150 1,083.8 1,964.0 1,649.8 640.4 1,173.6 1,886.6 1,221.2 380.6 1,106.5 1,507.9 966.0 344.3 881.1 1,309.8 702.4 209.0 755.3 1,292.1 690.0 177.0 554.5 970.5 593.4 183.1 496.8 674.9 431.6 182.4 281.8 560.5 223.3 276.2 179.9 305.4 187.3 104.7 146.3 195.2 94.1 74.2 80.4 101.9 89.9 43.4 66.7 61.7 8.9 18.8 31.8 34.8 25.1 20.3 13.5 12.4 14.0 22.7 5.7 15.5 10.2 10.7 1.0 11.1 8.8 (0.8) (1.2) (14.8) 2.7 14.1 22.9 (16.0) 27.5 (6.3) (32.7) 9.0 9.5 (5.5) (12.8) (16.4) (16.7) (17.1)
Capital Expenditure (107) (73) (64) (64) (121) (76) (77) (146) (130) (94) (71) (92) (88) (75) (98) (86) (109) (101) (79) (59) (65) (64) (72) (70) (80) (87) (82) (88) (111) (86.0) (121.0) (103.0) (132.0) (64.1) (76.4) (76.7) (70.6) (51.8) (102.9) (60.4) (53.3) (47.3) (42.3) (53.1) (31.3) (40.8) (28.7) (32.3) (29.7) (27.5) (20.5) (21.4) (15.1) (16.2) (10.5) (14.7) (13.7) (17.1) (11.7) (9.8) (8.3) (8.1) (4.2) (5.4) (4.8) (5.2) (1.8) (5.0) (3.1) (5.4) (5.9) 12.5 (19.5) (4.9) (5.5) (3.3) (2.2) (3.2) (3.3) (4.2) (2.1) (3.0) (1.8) (2.1) (4.1) (2.0) (2.5) (1.3) (1.2) (2.1) (2.9) (1.1) (0.5) (1.7) (3.1) (1.2) (3.1) (1.2) (2.4) (3.0) (2.8) (8.4) (9.1) (8.0) (11.8) (9.4) (6.7) (6.5) (4.8)
Free Cash Flow 3,108 1,417 1,371 3,137 3,162 645 2,296 2,379 2,574 1,252 1,301 1,645 2,801 2,098 (96) 2,598 1,586 178 1,517 1,093 (272) (641) 848 52 (460) 990 1,769 1,699 39 997.8 1,843.0 1,546.8 508.4 1,109.5 1,810.2 1,144.5 310.1 1,054.7 1,405.0 905.6 291.1 833.8 1,267.5 649.3 177.7 714.5 1,263.4 657.7 147.3 527.0 950.0 572.0 168.1 480.6 664.4 416.9 168.7 264.8 548.8 213.5 267.9 171.8 301.1 181.9 99.9 141.1 193.4 89.0 71.1 74.9 96.1 102.4 23.9 61.7 56.2 5.6 16.5 28.6 31.5 20.9 18.3 10.5 10.6 11.9 18.6 3.7 13.0 8.9 9.4 (1.2) 8.3 7.7 (1.3) (2.9) (17.9) 1.6 10.9 21.7 (18.4) 24.5 (9.1) (41.1) (0.1) 1.4 (17.3) (22.2) (23.1) (23.2) (21.9)