Crown Castle Inc. logo CCI - Crown Castle Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
1
BUY 22
HOLD 23
SELL 0
STRONG
SELL
0
| PRICE TARGET: $105.40 DETAILS
HIGH: $127.00
LOW: $91.00
MEDIAN: $101.00
CONSENSUS: $105.40
UPSIDE: 15.24%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 1,010 1,072 1,072 1,060 1,061 1,649 1,652 1,107 1,114 1,674 1,667 1,867 1,773 1,764 1,746 1,734 1,742 1,654 1,618 1,583 1,485 1,493 1,486 1,440 1,421 1,345 1,482 1,447 1,408 1,419 1,375 1,330 1,299 1,238.1 1,063 1,038 1,016 1,032.4 992.0 962.4 934.4 945.8 918.1 899.4 900.5 967.6 892.9 878.2 876.0 798.4 749.0 734.9 740.1 674.1 621.3 585.5 551.7 519.5 513.9 500.3 499.0 496.3 481.9 456.1 444.3 443.5 429.1 409.9 402.9 392.0 384.3 379.5 370.6 375.2 351.7 342.9 315.7 210.8 200.9 193.8 182.7 180.3 172.3 168.2 157.6 161.3 150.2 150.8 144.9 253.8 136.3 228.0 225.5 238.2 229.4 213.0 202.0 174.6 148.4 124.2
Cost of Revenue 266 621 280 278 268 464 460 274 272 453 486 522 519 520 524 514 509 524 512 494 462 522 487 486 474 481 515 502 485 486 474 454 433 438.6 388 373 364 392.2 366.0 348.7 333.6 342.0 333.9 326.4 319.1 364.9 332.4 328.9 300.9 278.6 264.0 249.2 255.0 217.4 185.3 171.8 154.4 148.9 146.8 147.0 145.6 152.9 143 145.4 140.1 146.7 136.5 134.4 131.8 135.9 136.3 135.6 130.8 135.0 128.9 126.8 118.4 72.7 70.0 66.8 63.5 67.3 64.0 62.8 59.8 71.9 56.5 57.7 55.6 113.5 52.8 110.6 111.8 86.6 123.1 113.2 83.3 64.7 48.6 37.0
Gross Profit 744 451 792 782 793 1,185 1,192 833 842 1,221 1,181 1,345 1,254 1,244 1,222 1,220 1,233 1,130 1,106 1,089 1,023 971 999 954 947 864 967 945 923 933 901 876 866 799.5 675 665 652 640.2 626.0 613.7 600.8 603.8 584.2 573.0 581.3 602.6 560.5 549.3 575 519.8 485.0 485.7 485.1 456.7 436.0 413.7 397.4 370.6 367.0 353.3 353.4 343.4 338.9 310.7 304.3 296.8 292.6 275.5 271.2 256.1 248.0 243.9 239.8 240.2 222.8 216.0 197.3 138.2 130.9 127.0 119.2 112.9 108.3 105.4 97.9 89.4 93.7 93.0 89.2 140.3 83.5 117.3 113.7 151.6 106.3 99.8 118.7 109.9 99.8 87.2
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 2.1 1.2 0 2.5 2.7 1.7 0 1.2 0.8 0.5 0.4 0.2 0.4 0.4 2.0 0.9 1.5 1.7 2.4 3.8 3.5 4.1 2.2 2.1 2.1
SG&A Expenses 90 94 97 99 93 166 153 136 114 178 176 210 195 192 187 190 181 180 167 169 164 185 154 164 175 157 150 155 152 145 145 138 134 126 100 98 101 92.1 89.9 91.4 97.6 87.0 76.7 73.1 74.1 70.1 65.2 63.3 58.6 67.2 58.5 54.8 58.2 58.6 55.9 47.1 51.0 44.6 42.9 41.3 44.7 43.9 41.4 40.6 39.5 39.1 39.2 38.1 36.6 38.7 37.4 38.5 35.0 38.6 32.9 34.2 33.8 22.8 23.0 25.8 24.2 23.7 34.4 23.9 22.5 29.4 24.1 28.9 26.8 45.7 31.8 (23.6) 30.8 26.1 30.5 25.9 25.9 19.0 19.8 14.9
Other Expenses 189 (170) 170 177 179 5,524 495 202 208 455 519 468 431 440 433 437 434 427 413 415 411 104 411 407 408 405 394 401 404 407 397 393 383 403.6 314 308 296 286.0 291.8 291.1 291.5 287.1 276.7 259.1 262.4 263.8 256.2 268.8 258.6 218.7 203.7 201.0 191.8 189.3 159.4 163.6 144.1 149.2 142.2 144.9 142.2 143.3 141.5 137.3 134.4 138.3 134.5 138.9 137.3 138.5 134.6 136.9 135.8 140.6 202.8 141.8 147.7 74.8 70.6 70.9 72.4 68.7 71.4 71.3 79.1 106.2 69.3 72.3 72.7 69.1 64.5 143.1 76.3 145.5 88.4 75.5 92.6 86.3 76.6 64.3
Operating Expenses 279 (76) 267 276 272 5,690 648 338 322 633 695 678 626 632 620 627 615 607 580 584 575 289 565 571 583 562 544 556 556 552 542 531 517 531.1 414 406 397 378.1 381.8 382.5 389.1 374.1 353.4 332.3 336.4 341.1 321.4 332.1 323.4 285.8 262.2 255.8 250.0 248.0 215.2 210.7 195.1 193.8 185.2 186.1 187.0 187.2 182.9 177.9 173.9 177.4 173.8 177.0 173.9 177.2 172.1 175.4 170.8 179.2 235.7 178.1 183.9 97.6 98.5 99.4 98.3 92.4 106.5 96.1 102.1 136.1 92.6 100.1 95.4 116.8 93.5 120.9 108.8 174.0 122.6 104.8 122.6 107.5 98.6 81.2
Operating Income
Operating Income 465 527 525 506 521 (4,505) 544 495 520 588 486 667 628 612 602 593 618 523 526 505 448 682 434 383 364 302 423 389 367 381 359 345 349 268.4 261 259 255 262.0 244.3 231.2 211.7 229.7 230.8 240.7 244.9 261.5 239.1 217.2 251.6 233.9 222.8 230.0 235.1 208.7 220.8 203.0 202.2 176.8 181.9 167.1 166.4 156.2 156.0 132.9 130.4 119.5 118.8 98.5 97.2 78.9 76.0 68.6 69.0 61.0 (12.8) 37.9 13.4 40.5 32.4 27.6 20.9 20.5 1.7 9.3 (4.2) (46.7) 1.0 (7.0) (6.1) 23.6 (10.0) (3.6) 4.9 (22.4) (16.3) (5.1) (3.9) 2.4 1.2 6.0
Interest Expense 242 249 247 235 228 232 228 222 218 216 209 201 195 186 171 158 157 158 0 0 0 0 0 0 0 173 173 169 0 0 0 0 0 0 0 0 0 0 0 125.6 122.2 123.7 120.7 122.0 121.8 120.7 120.6 123.0 124.6 143.0 142.0 140.3 164.4 173.7 144.9 144.9 137.5 96.7 127.1 126.5 127.1 125.9 123.2 120.6 120.8 118.9 111.2 110.2 105.8 0 1.6 0.2 2.3 1.4 3.0 2.9 3.3 0 0 0 0 0 0.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 3 3 3 4 3 5 6 4 4 5 3 5 2 2 1 0 0 0 0 1 1 0 0 1 1 1 2 1 2 1 1 1 1 6.2 11.2 1.0 0.4 0.3 0.2 0.1 0.2 0.7 0.8 0.3 0.1 0.1 0.1 0.1 0.2 0.5 0.2 0.3 0.3 3.5 0.3 0.4 0.4 0 0.2 0.2 0.2 0.6 0.8 0 0 0 2.6 0 0 0 0 0.2 2.3 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
Profitability
EBITDA 637 699 695 679 694 (4,094) 1,466 672 709 1,023 920 1,108 1,051 1,033 1,023 1,011 1,004 927 928 901 700 1,075 736 780 759 686 803 777 756 756 712 721 650 622.1 566 552 544 521.9 510.8 491.5 450.9 489.1 483.4 537.9 484.8 516.8 464.9 391.6 477.4 409.8 396.3 399.6 359.8 254.4 353.7 324.5 313.1 285.2 294.1 301.4 277.5 299.9 94.5 133.8 105.0 273.0 189.7 75.1 247.6 90.8 207.7 200.7 203.3 222.1 130.7 181.1 165.4 124.6 106.5 98.7 95.4 86.8 73.7 80.1 77.9 57.3 72.7 66.2 67.6 124.1 53.1 103.4 106.1 121.8 81.2 91.2 88.7 88.7 77.8 70.3
EBIT 465 529 528 504 517 (4,531) 536 492 518 584 481 663 620 602 593 584 584 512 515 493 292 674 330 378 360 290 415 384 362 366 327 342 276 259.9 270 256 255 248.1 230.0 215.5 173.0 219.6 221.8 284.8 233.0 263.0 217.7 145.1 227.2 208.1 200.9 209.0 173.3 78.5 198.8 172.0 173.7 146.2 155.6 163.3 140.2 162.6 (41.7) (0.6) (27.8) 139.5 58.2 (56.5) 114.4 (40.0) 76.0 68.8 71.3 67.7 (4.9) 43.0 22.3 50.4 32.4 27.6 20.9 20.5 1.7 9.3 4.3 (45.3) 0.6 (7.0) (6.2) 23.6 (7.6) 7.0 5.0 (3.0) (16.3) (5.1) (3.9) 2.4 1.2 6.0
Income Before Tax 225 280 281 269 289 (4,763) 308 270 300 368 272 462 425 416 422 426 427 354 358 339 128 512 168 206 190 137 247 220 199 219 169 185 118 112.9 118 117 123 128.8 103.4 89.9 51.7 100.6 100.5 162.4 110.3 141.9 97.2 22.2 102.6 87.7 80.4 90.0 34.4 (80.3) 75.5 48.7 57.0 49.5 54.2 36.8 39.3 36.7 (142.7) (102.3) (129.7) 20.6 (53.0) (166.7) 8.6 (81.1) (34.3) (20.0) (17.8) (104.5) (99.3) (48.0) (65.3) (7.4) (15.5) (12.8) (12.7) (3.9) (26.3) (228.7) (126.5) (125.8) (64.8) (64.9) 88.9 (151.7) (82.1) (30.6) (67.6) (99.7) (85.0) (68.6) (59.0) (52.8) (59.2) (32.0)
Income Tax Expense 5 3 4 4 5 5 5 5 6 5 7 7 7 2 3 5 6 1 7 6 7 4 5 6 5 6 5 4 6 6 5 5 4 14.8 3 5 4 4.1 5.0 3.9 3.9 (42.1) (3.8) (4.1) (1.4) 3.1 (2.0) (3.1) 3.0 110.4 34.0 36.6 17.7 (70.6) 32.3 (68.4) 6.7 0.6 2.8 5.8 (0.8) (4.2) (7.6) (4.7) (10.3) 1.9 (21.8) (54.9) (1.5) (17.3) (2.1) (80.3) (4.7) (24.3) (31.9) (15.6) (22.2) (0.9) 0.6 0.5 0.6 2.8 0.1 0.1 0.1 (5.9) 0.1 0.2 6.0 (4.1) 3.4 6.8 0.7 4.7 68.4 0.1 0.1 0.1 0.0 0.0
Net Income 151 294 323 291 (464) (4,768) 303 251 311 363 265 455 418 414 419 421 421 353 351 334 58 508 163 200 185 208 242 216 193 213 164 180 114 98.1 115 112.1 119.1 124.7 98.4 86.1 36.8 141.1 103.8 154.5 122.8 113.1 106.9 13.0 80.9 (34.9) 45.8 52.4 15.5 (19.5) 42.0 116.0 50.0 48.9 51.3 30.9 40.0 40.9 (135.0) (97.5) (119.3) 18.1 (31.6) (111.4) 10.6 (63.8) (32.2) 60.3 (13.2) (80.2) (67.0) (32.7) (42.9) (6.3) (15.6) (13.3) (6.7) (17.3) (28.1) (227.5) (128.8) (121.7) 461.3 (39.6) (65.0) (148.8) (80.8) (34.9) (68.6) (103.0) (84.7) (68.1) (59.0) (53.0) (59.2) (33.6)
Per Share Data
EPS (Basic) 0.34 0.68 0.74 0.67 -1.07 -10.96 0.70 0.58 0.72 0.83 0.61 1.05 0.97 0.95 0.97 0.97 0.97 0.82 0.81 0.77 0.13 1.17 0.38 0.41 0.38 0.43 0.51 0.45 0.40 0.33 0.33 0.37 0.21 0.17 0.21 0.31 0.33 0.35 0.26 0.22 0.11 0.39 0.28 0.46 0.34 0.34 0.29 0.04 0.24 -0.11 0.16 0.18 0.05 -0.07 0.14 0.40 0.17 0.17 0.16 0.09 0.12 0.14 -0.47 -0.34 -0.41 0.06 -0.11 -0.39 0.02 -0.22 -0.11 0.20 -0.05 -0.29 -0.24 -0.12 -0.16 -0.02 -0.08 -0.06 -0.03 -0.08 -0.13 -1.04 -0.58 -0.55 1.98 -0.18 -0.30 -0.68 -0.37 -0.16 -0.31 -0.48 -0.40 -0.32 -0.28 -0.28 -0.36 -0.21
EPS (Diluted) 0.34 0.67 0.74 0.67 -1.06 -10.96 0.70 0.58 0.71 0.83 0.61 1.05 0.96 0.95 0.97 0.97 0.97 0.81 0.81 0.77 0.13 1.17 0.38 0.41 0.38 0.43 0.51 0.45 0.40 0.33 0.33 0.36 0.21 0.17 0.21 0.31 0.33 0.35 0.26 0.22 0.11 0.39 0.28 0.46 0.34 0.34 0.29 0.04 0.24 -0.11 0.16 0.18 0.05 -0.07 0.14 0.40 0.17 0.17 0.15 0.09 0.12 0.14 -0.47 -0.34 -0.41 0.06 -0.11 -0.39 0.02 -0.22 -0.11 0.19 -0.05 -0.29 -0.24 -0.12 -0.16 -0.02 -0.08 -0.06 -0.03 -0.08 -0.13 -1.04 -0.58 -0.54 1.98 -0.18 -0.30 -0.68 -0.37 -0.16 -0.31 -0.47 -0.40 -0.32 -0.28 -0.28 -0.36 -0.21
Shares Outstanding 436 435 435 435 435 434 435 435 434 434 434 434 433 433 433 433 433 432 432 432 432 431 427 417 416 416 416 416 415 415 415 415 409 406.3 395.4 364.5 360.8 352.1 337.6 337.6 334.2 333.1 333.0 333.1 332.7 332.4 332.4 332.3 332.0 309.3 290.4 291.2 291.1 285.6 290.8 290.6 284.9 281.0 282.0 285.3 287.0 286.4 286.1 286.1 288.5 287.4 286.7 286.4 285.9 285.7 283.6 279.4 279.3 279.3 282.6 282.0 273.5 273.5 201.1 212.7 214.5 213.5 215.7 218.2 223.6 222.8 222.8 221.9 219.3 218.2 216.0 215.1 220.9 216.7 214.1 211.2 211.2 191.8 165.6 158.6
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 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1997 Q4
Current Assets
Cash & Cash Equivalents 55 269 233 94 60 119 194 155 125 105 117 276 187 156 174 281 312 292 357 339 254 232 242 2,514 310 196 182 288 245 277 323 206 220 314 6,719.1 199.7 205.2 567.6 156.2 202.3 175.7 242.1 397.5 766.1 335.0 609.3 119.8 232.5 171.5 462.4 459.7 476.9 516.2 605.3 536.7 659.0 716.9 453.8 816.9 332.0 509.5 549.3 492.2 705.9 101.8 296.5 201.3 51.3 55.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 63.5 78.3 115.7 78.8 73.5 37.5 37.5 38 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 188 2,627 2,595 100 308 654 571 549 503 597 627 613 690 720 535 516 503 635 493 434 412 431 455 439 495 596 667 591 545 501 471 455 402 398 317.9 306.0 302.7 373.5 276.3 229.0 254.7 49.1 41.3 44.4 58.2 63.0 54.0 35.7 85.0 38.2 84.6 132.5 135.9 171.2 212.5 201.4 198.4 173.1 134.1 93.3 88.0 78.6 56.1 41.1 37.1 36.4 34.5 11.6 10.1
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 0 355.9 351.0 358.2 362.5 257.4 0 9.3 17.4 15.5 36.6 41.2 45.6 77.6 195.4 160.1 112.8 78.6 54.0 32.6 24.9 19.2 15.3 12.6 8.6 6.6 5.2 1.2 1.3
Other Current Assets 931 (1,752) (1,714) 810 641 211 215 222 219 227 239 278 289 239 362 335 327 222 362 408 395 346 375 346 335 305 305 304 318 279 273 306 277 260 270.3 269.7 255.2 254.9 250.1 248.2 249.0 312.7 309.5 316.9 271.5 195.6 152.9 2,020.6 0 2,054.8 0 0 0 0 39.2 0 0 28.5 20.1 15.8 12.9 14.9 11.2 7.9 7.3 2.6 2.9 1.3 0.7
Total Current Assets 1,254 1,144 1,114 1,074 1,085 1,090 1,124 1,081 977 1,032 1,126 1,349 1,325 1,217 1,182 1,290 1,261 1,254 1,332 1,329 1,176 1,104 1,184 3,436 1,247 1,204 1,253 1,294 1,193 1,229 1,249 1,164 1,074 1,134 7,474.6 951.3 916.4 1,324.8 839.7 817.6 820.9 672.2 814.1 1,196.0 741.2 936.8 421.4 2,328.8 355.1 641.8 706.7 787.0 867.1 991.3 1,057.2 1,087.2 1,091.2 772.1 1,025.2 473.7 635.4 662 574.8 767.5 154.8 342.1 243.9 65.4 67.2
Non-Current Assets
Property, Plant & Equipment 6,220 11,746 11,843 11,964 12,058 21,292 21,486 21,628 21,667 21,853 21,882 21,956 21,974 21,933 21,878 21,882 21,965 21,951 21,833 21,796 21,663 21,626 21,449 21,214 21,013 20,799 20,528 20,204 19,852 13,653 13,433 13,218 13,051 12,933 10,599.6 10,507.7 10,293.7 9,805.3 9,714.1 9,670.4 9,559.4 4,786.6 4,842.4 4,896.0 4,964.1 4,992.1 5,047.4 3,622.4 4,700.7 4,741.9 4,770.4 4,796.1 4,828.0 4,856.3 4,808.3 4,694.7 4,450.6 4,303.0 4,081.1 3,698.2 2,851.9 2,468.1 2,347 1,615.6 1,233.2 592.6 544.5 131.5 82
Goodwill 5,127 5,127 5,127 5,127 5,127 5,127 10,085 10,085 10,085 10,085 10,085 10,085 10,085 10,085 10,087 10,087 10,078 10,078 10,078 10,078 10,078 10,078 10,078 10,078 10,078 10,078 10,078 10,078 10,078 10,078 10,074 10,075 10,075 10,021 6,905.9 6,919.4 6,530.0 5,757.7 5,750.0 5,744.7 5,531.1 1,984.8 1,984.8 1,984.8 1,984.2 1,984.0 1,990.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 817 861 905 949 993 2,781 2,878 2,974 3,073 3,179 3,276 3,388 3,496 3,596 3,699 3,822 3,935 4,046 4,115 4,222 4,324 4,433 4,535 4,626 4,734 4,836 4,968 5,074 5,178 5,516 5,620 5,729 5,854 5,962 3,885.3 3,953.8 3,894.4 3,650.1 3,737.4 3,780.0 3,707.1 2,351.5 2,385.9 103.2 2,478.8 2,514.0 2,699.2 267.1 1,235.4 1,206.7 1,137.6 1,051.0 1,067.0 1,039.7 1,067.6 1,079.8 1,095.5 1,112.9 1,091.6 596.8 595.2 596.1 608.1 608.8 617.8 569.7 563.7 148.3 152.5
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 17,973 12,640 12,512 12,522 12,497 2,446 2,470 2,478 2,429 2,378 2,330 2,264 2,174 2,090 2,015 1,932 1,812 1,711 1,646 1,548 1,511 1,527 1,540 1,547 1,544 1,540 1,517 1,497 1,477 2,286 2,268 2,188 2,196 2,179 2,146.4 2,151.4 2,142.3 2,137.3 2,130.4 2,140.5 2,099.8 557.4 533.3 2,776.6 5 5 347.5 152.0 155.6 147.2 139.6 124.9 130.4 157.2 590.0 610.1 231.1 251.8 109.3 102.9 130.1 110.5 51.7 37.2 117.9 18.8 17.8 73.6 69.7
Total Non-Current Assets 30,137 30,374 30,387 30,562 30,675 31,646 36,919 37,165 37,254 37,495 37,573 37,693 37,729 37,704 37,679 37,723 37,790 37,786 37,672 37,644 37,576 37,664 37,602 37,465 37,369 37,253 37,091 36,853 36,585 31,533 31,395 31,210 31,176 31,095 23,537.2 23,532.3 22,860.4 21,350.3 21,332.0 21,335.5 20,897.4 9,680.2 9,746.4 9,760.6 9,811.2 9,813.1 10,084.9 4,041.4 6,091.8 6,095.8 6,047.6 5,972.0 6,025.5 6,053.2 6,465.9 6,384.6 5,777.3 5,667.7 5,282.0 4,397.9 3,577.1 3,174.7 3,006.8 2,261.6 1,968.9 1,181.1 1,126 353.4 304.2
Total Assets 31,391 31,518 31,501 31,636 31,760 32,736 38,043 38,246 38,231 38,527 38,699 39,042 39,054 38,921 38,861 39,013 39,051 39,040 39,004 38,973 38,752 38,768 38,786 40,901 38,616 38,457 38,344 38,147 37,778 32,762 32,644 32,374 32,250 32,229 31,011.8 24,483.6 23,776.8 22,675.1 22,171.7 22,153.1 21,718.3 10,352.4 10,560.5 10,956.6 10,552.4 10,749.9 10,506.3 6,370.2 6,446.9 6,737.6 6,754.3 6,759.1 6,892.6 7,044.5 7,523.2 7,471.8 6,868.5 6,439.8 6,307.2 4,871.7 4,212.5 3,836.7 3,581.6 3,029.1 2,123.7 1,523.2 1,369.9 418.8 371.4
Current Liabilities
Account Payables 66 71 65 48 42 192 200 225 216 252 215 240 233 236 229 230 224 246 231 219 187 230 264 280 296 334 368 337 311 313 302 272 248 249 179.3 178.9 154.8 188.5 148.9 143.1 141.6 26.1 24.8 33.1 27.3 26.1 25.6 9.1 37.2 9.8 41.5 50.7 63.9 75.7 100.8 93.9 83.2 100.8 82.1 76.7 43.6 46 31.8 22.7 27.4 46 30.3 6.3 7.8
Short-Term Debt 3,148 2,783 3,037 2,251 1,503 610 611 865 854 835 827 819 819 819 819 70 71 72 72 71 159 129 114 99 949 100 100 98 96 107 111 112 130 115 114.2 114.9 112.9 101.7 101.4 100.3 87.8 20.8 19.6 217.2 248.7 225.5 6.5 1,275.4 46.5 267.1 28.4 19 14.2 369.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 194 192 147 139 145 476 483 509 514 605 650 793 721 736 686 701 721 776 822 805 814 704 787 763 741 657 525 503 502 498 484 476 465 457.1 387.4 387.1 366.8 353.0 358.7 364.0 332.7 180.9 171.7 179.6 294.6 159.0 126.9 97.0 274.1 267.5 252.9 218.2 208.2 44.3 0 267.6 289.7 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,014 1,165 468 706 689 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 660 0 0 0 457 0 0 0 0 0 0 0 0 0 103.6 0 0 0 355.1 0 197.8 0 0 0 218.5 392.0 0 0 224.1 161.3 108.9 99.8 85.3 73.3 63.1 50.9 46.9 47 3.2 4.2
Total Current Liabilities 4,705 4,479 4,297 3,803 2,950 2,177 2,097 2,494 2,336 2,585 2,549 2,725 2,535 2,731 2,584 1,871 1,776 2,026 1,987 2,018 1,933 1,969 1,925 1,964 2,669 1,920 1,734 1,698 1,565 1,506 1,304 1,286 1,187 1,292 1,048.9 997.9 902.2 961.4 897.7 876.0 811.9 572.5 627.4 754.1 732.5 559.1 255.3 1,790.7 396.9 643.5 382.8 331.8 360.8 707.6 492.8 408.6 398.0 324.9 243.4 185.6 143.5 131.3 105.1 85.8 78.3 92.9 77.3 9.5 12
Non-Current Liabilities
Long-Term Debt 21,534 21,554 21,550 22,039 22,874 23,471 23,452 22,854 22,560 22,086 21,903 21,599 21,513 20,910 20,664 21,212 21,055 20,557 20,293 20,014 19,713 19,151 19,190 21,014 17,746 18,021 17,750 17,471 17,120 16,575 16,313 15,844 15,616 16,044 15,090.2 13,726.3 13,380.1 12,069.4 12,491.6 12,325.9 11,778.2 6,368.2 6,368.8 6,362.0 6,024.6 6,276.7 5,990.0 1,898.8 3,138.9 3,182.8 3,158.5 3,193.3 3,212.7 2,998.4 3,374.7 3,354.8 2,701.2 2,602.7 2,564.9 2,414.2 1,892.6 1,542.3 1,478.8 1,194.7 771.2 429.7 494.3 216.9 156.3
Deferred Tax Liabilities 0 0 0 0 0 31 0 0 0 26 0 0 0 18 0 0 0 14 0 0 0 11 0 0 0 8 0 0 0 7 0 0 0 5 0 0 0 8.1 0 0 0 76.6 107.1 74.1 72.7 33.2 234.3 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 7,072 2,159 2,159 2,167 2,159 598 1,926 1,892 1,890 578 1,918 1,922 1,927 595 1,993 2,052 2,106 586 2,208 2,265 2,327 661 2,456 2,482 2,513 694 2,055 2,028 2,009 1,485 2,732 2,678 2,615 1,472 2,200.3 2,169.1 2,131.1 1,095.9 2,028.7 2,002.9 1,975.1 853.3 770.1 830.3 798.9 1,105.1 617.1 560.2 729.2 659.1 927.4 936.2 939.2 1,004.5 146.1 980.8 950.8 936.1 83.0 77.2 75.2 67.2 64.6 46 46.9 22.7 4.7 0.8 0.6
Total Non-Current Liabilities 28,606 28,674 28,697 29,215 30,063 30,692 30,650 30,100 29,847 29,561 29,481 29,271 29,296 28,741 28,598 29,281 29,239 28,756 28,501 28,242 27,896 27,338 27,359 29,111 25,826 26,048 25,285 24,926 24,467 19,685 19,045 18,522 18,231 18,598 17,290.6 15,895.4 15,511.2 14,156.6 14,520.3 14,328.8 13,753.3 7,298.1 7,246.0 7,266.4 6,896.3 7,415.1 6,841.4 2,458.9 3,868.1 3,901.3 4,085.8 4,129.5 4,152.0 4,002.9 3,520.8 4,335.7 3,652.0 2,696.0 2,647.9 2,491.4 1,967.8 1,609.5 1,543.4 1,240.7 818.1 452.4 499 217.7 156.9
Total Liabilities 33,311 33,153 32,994 33,018 33,013 32,869 32,747 32,594 32,183 32,146 32,030 31,996 31,831 31,472 31,182 31,152 31,015 30,782 30,488 30,260 29,829 29,307 29,284 31,075 28,495 27,968 27,019 26,624 26,032 21,191 20,349 19,808 19,418 19,890 18,339.4 16,893.3 16,413.4 15,118.0 15,418.0 15,204.8 14,565.3 7,870.5 7,873.4 8,020.5 7,628.8 7,974.2 7,096.7 4,249.6 4,264.9 4,544.8 4,468.7 4,461.2 4,512.7 4,710.5 4,013.6 4,744.3 4,050.0 3,020.9 2,891.2 2,677.0 2,111.3 1,740.8 1,648.5 1,326.5 896.4 545.3 576.3 227.2 168.9
Stockholders' Equity
Common Stock 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4.1 4.1 3.7 3.6 3.6 3.4 3.4 3.4 2.9 2.9 2.9 2.9 2.9 2.9 2.3 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.1 2.1 2.0 2.0 1.7 1.6 1.6 1.6 0 0 0 0 0 0
Retained Earnings (20,476) (20,161) (19,990) (19,844) (19,675) (18,525) (13,074) (12,694) (12,261) (11,889) (11,571) (11,155) (10,929) (10,666) (10,405) (10,188) (9,971) (9,753) (9,467) (9,240) (8,995) (8,472) (8,402) (8,044) (7,712) (7,356) (6,503) (6,277) (6,022) (5,732) (5,447) (5,144) (4,858) (4,504.6) (4,145.5) (3,841.2) (3,603.0) (3,378.8) (3,159.1) (2,946.1) (2,720.4) (2,855.5) (2,752.8) (2,628.3) (2,604.4) (2,487.8) (2,338.2) (1,724.1) (1,675.2) (1,600.5) (1,332.5) (1,231.6) (1,148.2) (1,144.0) (772.0) (642.7) (537.7) (450.1) (371.2) (301.9) (230.9) (185.9) (143.9) (110) (82.5) (60.2) (51.9) (34.2) (17)
Accumulated Other Comprehensive Income (5) (5) (4) (5) (5) (5) (5) (5) (5) (4) (5) (5) (6) (5) (7) (5) (3) (4) (3) (2) (3) (4) (4) (6) (6) (5) (5) (5) (5) (5) (5) (5) (4) (4.0) (5.0) (5.2) (5.7) (5.9) (5.5) (4.0) (5.0) (230.8) (155.1) (124.2) (112.0) (363.3) 69.3 254.6 296.2 249.3 95.9 5.4 39.3 (2.6) (41.7) (73.3) (56.1) (25.1) (30.0) (16.1) (5.4) (3) 0.1 (22.8) (34.7) (22.8) (13.2) (7.9) (4.9)
Total Stockholders' Equity (1,920) (1,635) (1,493) (1,382) (1,253) (133) 5,296 5,652 6,048 6,381 6,669 7,046 7,223 7,449 7,679 7,861 8,036 8,258 8,516 8,713 8,923 9,461 9,502 9,826 10,121 10,489 11,325 11,523 11,746 11,571 12,295 12,566 12,832 12,339 12,672.3 7,590.3 7,363.5 7,557.1 6,753.7 6,948.3 7,153.0 2,482.1 2,687.2 2,936.2 2,924.7 2,776.3 3,409.6 1,912.9 1,971.6 1,794.4 2,083.5 2,123.0 2,208.5 2,164.8 3,341.7 2,558.3 2,666.8 2,420.9 3,290.4 2,073.9 2,026.7 2,040.6 1,878.6 1,650.5 1,174.2 938.7 755.1 191.6 202.5
Total Liabilities & Equity 31,391 31,518 31,501 31,636 31,760 32,736 38,043 38,246 38,231 38,527 38,699 39,042 39,054 38,921 38,861 39,013 39,051 39,040 39,004 38,973 38,752 38,768 38,786 40,901 38,616 38,457 38,344 38,147 37,778 32,762 32,644 32,374 32,250 32,229 31,011.8 24,483.6 23,776.8 22,675.1 22,171.7 22,153.1 21,718.3 10,352.4 10,560.5 10,956.6 10,552.4 10,749.9 10,506.3 6,370.2 6,446.9 6,612.2 6,754.3 6,759.1 6,892.6 7,044.5 7,523.2 7,471.8 6,868.5 6,401.9 6,307.2 4,871.7 4,212.5 3,836.7 3,581.6 3,029.1 2,123.7 1,523.2 1,369.9 418.8 371.4
Debt Metrics
Total Debt 24,682 29,566 29,843 29,566 29,675 29,613 29,636 29,381 29,124 28,814 28,729 28,510 28,518 27,960 27,768 27,647 27,579 27,009 26,710 26,386 26,060 25,417 25,333 27,035 24,562 23,931 23,626 23,285 22,841 16,682 16,424 15,956 15,746 16,159.6 15,204.4 13,841.3 13,493.0 12,171.1 12,593.0 12,426.2 11,866.0 6,388.9 6,388.3 6,579.1 6,273.3 6,502.2 5,996.5 3,174.1 3,185.3 3,450.0 3,186.8 3,212.3 3,227.0 3,367.5 3,374.7 3,354.8 2,701.2 2,602.7 2,564.9 2,414.2 1,892.6 1,542.3 1,478.8 1,194.7 771.2 429.7 494.3 216.9 156.3
Net Debt 24,627 29,297 29,610 29,472 29,615 29,494 29,442 29,226 28,999 28,709 28,612 28,234 28,331 27,804 27,594 27,366 27,267 26,717 26,353 26,047 25,806 25,185 25,091 24,521 24,252 23,735 23,444 22,997 22,596 16,405 16,101 15,750 15,526 15,845.6 8,485.3 13,641.6 13,287.8 11,603.5 12,436.7 12,223.9 11,690.3 6,146.8 5,990.8 5,813.0 5,938.4 5,892.9 5,876.7 2,941.6 3,013.8 2,987.6 2,727.1 2,735.3 2,710.8 2,762.2 2,838.0 2,695.8 1,984.2 2,148.9 1,748.0 2,082.1 1,383.1 993 986.6 488.8 669.4 133.2 293 165.6 101.2
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2
Operating Activities
Net Income 151 294 46 291 (546) (4,768) 303 251 294 361 265 456 418 414 419 421 421 353 350 334 121 508 162 201 185 131 273 246 210 213 164 180 114 98.1 115.2 112.1 119.1 124.7 98.4 86.1 47.8 (28.1) (227.5) (128.8) (39.6) (65.0) (148.8) (99.7) (80.8) (69.0) (34.9) (65.6) (68.6) (103.4) (103.0) (110.3) (84.7) (59.0) (53.0) (59.2) (32.1) (32.9) (27.1) (20.8) (13.5) (7.3) (17.5) (6.4)
Depreciation & Amortization 172 178 168 175 177 437 432 440 191 439 439 445 431 431 429 427 420 415 413 408 408 401 406 402 399 396 389 393 394 390 385 379 374 362.2 296.0 295.6 288.5 273.8 280.8 276.0 277.9 74.3 73.6 73.7 40.3 87.8 100.5 101.0 98.3 97.8 96.5 102.9 101.1 96.0 124.8 101.7 97.5 92.6 86.3 76.6 64.3 59.4 57.1 38.9 24.6 24.9 14 4.1
Stock-Based Compensation 18 0 19 18 18 23 30 40 24 31 35 50 41 36 37 45 38 29 33 34 33 30 33 38 37 26 29 33 29 24 32 24 23 24.4 22.0 23.0 22.2 18.9 20.3 20.2 19.9 0 0 8.0 6.2 2.7 20.7 1.4 1.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (126) 121 (77) 56 (118) 81 (99) 29 (211) 14 (230) 139 (294) (56) (196) (128) (367) (82) (121) (5) (138) (22) (41) 107 26 254 (30) 35 (132) 90 39 66 (138) 117.0 41.8 49.5 13.5 45.3 (37.4) 69.4 45.3 (13.7) (12.1) (11.9) 12.2 (24.7) 54.9 (8.2) 57.3 (30.4) 102.0 (38.6) 19.1 (6.1) 21.4 29.0 (18.2) 13.9 4.1 24.4 2.7 (11.7) 9.5 (3.7) 7.9 21.1 (1.3) (0.3)
Other Non-Cash Items 293 277 558 292 1,109 5,105 33 7 297 16 24 29 9 14 11 8 45 7 (54) 14 159 67 99 7 5 0 2 1 10 2 43 1 78 10.6 8.0 7.7 2.6 12.8 21.8 26.7 44.9 14.7 205.2 93.2 51.4 28.8 109.4 51.0 19.3 7.5 (37.0) 13.7 2.4 29.6 10.1 5.4 13.4 0.4 0.8 0.7 2.0 2.1 1.1 0.2 1.5 2.9 10.2 3.6
Operating Cash Flow 509 870 714 832 641 877 699 768 599 868 533 1,119 606 840 701 779 558 734 622 787 584 985 661 756 653 807 664 715 512 727 664 659 452 626.9 483.2 488.0 446.1 477.5 386.5 480.5 437.7 47.2 39.3 26.3 64.3 26.9 116.0 44.1 94.1 5.9 126.6 12.4 53.9 16.0 53.2 25.8 8.0 47.9 38.1 42.5 36.9 16.9 40.6 14.6 20.5 41.6 5.4 1
Investing Activities
Capital Expenditure (57) (59) (43) (40) (40) (276) (297) (329) (320) (357) (347) (379) (341) (389) (337) (303) (281) (337) (283) (307) (302) (386) (377) (414) (447) (519) (540) (518) (480) (500) (478) (393) (370) (376.6) (288.2) (300.9) (262.4) (259.7) (221.2) (199.5) (193.5) (16.9) (12.3) (9.6) (0.0) (19.4) (23.7) (21.6) (20.7) (52.8) (40.0) (38.0) (126.3) (73.0) (122.0) (152.4) (156.8) (199.5) (178.4) (148.2) (110.4) (193) (636.7) (391.4) (281.2) (71.5) (24.9) (28.3)
Acquisitions 0 0 0 0 0 0 (7) 0 (1) (3) (4) (22) (67) (20) 0 (12) (3) (84) (12) (11) (4) (21) (70) (3) (13) (2) (2) (3) (10) (16) (8) (4) (14) (7,147.2) (9.4) (606.2) (1,497.3) (11.7) (51.2) (471.9) (22.0) 0 0 0 0 (25.8) 0 0 0 7.5 (3.3) 21.3 0 0 (3.5) (1.0) (151.1) (52.3) (235.3) (568.7) (287.4) 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (36.0) 0 0 0 (56.1) (36.9) (41.8) (37.0) (79) (164.0) (36) (64) 0 0 0 (1.5) 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 62.6 0 63.5 14.8 93.5 29.5 77.5 57 116.5 100 36 64 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (256) (294) (239) (228) (215) 3 7 (1) 1 (4) 2 2 1 3 0 (5) (5) 0 0 13 (5) 2 1 (5) (8) (10) 2 0 1 2 (17) 3 0 0.7 0.9 (3.9) (3.5) 0.7 9.8 2.2 120.9 (199.2) 1.6 (0.0) 0.4 (14.0) 1.8 4.2 (18.8) (0.2) 10.5 7.2 (18.2) (2.9) 385.3 0 (404.7) (175.5) (1.4) 0.9 0 0 (7.5) 0.7 0 (1) 1 0
Investing Cash Flow (313) (353) (282) (268) (255) (273) (297) (330) (320) (364) (349) (399) (407) (406) (337) (320) (289) (421) (295) (305) (311) (405) (446) (422) (468) (531) (540) (521) (489) (514) (503) (394) (384) (7,523.1) (296.6) (911.1) (1,763.1) (270.6) (262.6) (669.2) (94.6) (216.1) (10.7) (9.6) 0.4 (32.7) (21.9) 46.0 (24.8) (8.2) (40.1) 26.1 (124.5) (38.4) 195.9 (153.4) (712.6) (427.3) (415.1) (716.0) (399.3) (193) (644.2) (390.7) (281.2) (72.5) (23.9) (28.3)
Financing Activities
Net Debt Issuance 319 606 11 233 308 (70) 333 278 454 167 297 73 585 223 177 142 460 246 57 156 467 (255) (1,922) 2,436 564 107 782 (172) 529 240 433 200 (487) 950.9 1,367 331 1,304 (436.1) 140.5 539.6 (308.6) 119.7 92.7 (195.7) (11.6) (285.1) 191.1 (36.6) (6.9) (22.9) 0 (95.3) 0 0 15 0 285.5 15 139.0 520 337 74.5 233.4 521.6 64.7 (61.8) 20 0
Stock Repurchased (25) 0 0 (2) (21) (1) (2) (3) (27) (1) 0 (1) (28) (1) (1) 0 (63) (1) (1) (1) (67) (1) (1) (1) (73) 0 (1) (1) (42) 0 0 (1) (33) (0.3) 0 (1) (22.0) (0.2) (0.3) (0.1) (24.4) (112.8) (175.8) (4.1) (12.9) (4.1) (62.3) (229.2) (38.7) (13.6) (288.0) (41.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (473) (465) (462) (463) (690) (680) (681) (680) (688) (679) (680) (678) (686) (678) (637) (637) (650) (635) (575) (575) (588) (574) (545) (530) (541) (525) (499) (496) (505) (495) (464) (465) (471) (456.6) (386.0) (347.9) (348.1) (353.5) (309.8) (309.8) (310.1) (9.1) 0 0 0 0 (73.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 (605) 0 (336) 0 71 (12) 0 0 0 0 (13) (10) 0 0 0 0 1 0 25 216 210 0 (38) 0 155 (510) 496 (10) 2 (13) (5) 828 (3.7) 1,592 438 15.1 (8.0) 0.3 (15.4) (26.3) (28.5) (91.1) (3.5) 0 (0.4) 51.3 (32.1) (48.5) 0 107.9 0 (15.2) 0 (16.5) 16.2 359.6 (0.0) (3.3) (24.9) (18.9) (29.6) 15.7 (15.6) (0.1) (3) 148.3 25.1
Financing Cash Flow (179) (464) (451) (568) (403) (680) (362) (405) (261) (513) (383) (619) (139) (456) (461) (495) (253) (389) (309) (395) (217) (620) (2,468) 1,867 (50) (263) (228) (173) (28) (253) (44) (273) (163) 490.9 6,332.8 417.3 954.2 204.3 (169.4) 214.4 (345.6) (18.7) (152.4) (200.0) (1.8) (286.1) 110.2 (295.4) (93.1) (35.4) (180.0) (136.7) (18.9) 0.5 20.4 0.2 645.1 16.7 868.3 497.2 324.9 233.4 389.3 981.3 66.4 126 168.3 25.1
Cash Position
Net Change in Cash 17 36 (19) (4) (17) (76) 40 33 17 (8) (199) 100 61 (20) (99) (36) 16 (76) 17 87 57 (40) (2,252) 2,201 134 13 (104) 21 (5) (40) 117 (9) (95) (6,405.0) 6,519.5 (5.5) (362.4) 411.4 (46.1) 26.6 (3.1) (187.6) (124.1) (183.6) 61.0 (290.9) 206.8 (204.0) (17.2) (39.2) (89.1) (96.1) (78.6) (24.6) 267.9 (122.3) (57.9) (363.1) 484.9 (177.5) (39.8) 57.1 (213.6) 604 (194.6) 95.1 149.8 (2.1)
Cash at Beginning 308 233 274 278 295 371 331 293 276 289 488 388 327 347 446 482 466 542 525 438 381 421 2,673 472 338 325 429 408 413 453 336 345 440 6,719.1 199.7 205.2 567.6 156.2 202.3 175.7 178.8 259.0 383.1 566.7 171.5 462.4 255.7 459.7 476.9 516.2 605.3 701.4 780.0 804.6 536.7 659.0 716.9 816.9 332.0 509.5 549.3 492.2 705.8 0 296.5 0 0 53
Cash at End 325 269 255 274 278 295 371 326 293 281 289 488 388 327 347 446 482 466 542 525 438 381 421 2,673 472 338 325 429 408 413 453 336 345 314.1 6,719.1 199.7 205.2 567.6 156.2 202.3 175.7 71.3 259.0 383.1 232.5 171.5 462.4 255.7 459.7 476.9 516.2 605.3 701.4 780.0 804.6 536.7 659.0 453.8 816.9 332.0 509.5 549.3 492.2 604 101.9 95.1 149.8 50.9
Free Cash Flow 452 811 671 792 601 601 402 439 279 511 186 740 265 451 364 476 277 397 339 480 282 599 284 342 206 288 124 197 32 227 186 266 82 250.3 195.0 187.1 183.7 217.8 165.4 281.0 244.2 30.3 27.0 16.7 64.3 7.5 92.3 22.4 73.3 (46.9) 86.6 (25.6) (72.3) (56.9) (68.8) (126.6) (148.8) (151.6) (140.3) (105.7) (73.5) (176.1) (596.1) (376.8) (260.7) (29.9) (19.5) (27.3)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 1,010 1,072 1,072 1,060 1,061 1,649 1,652 1,107 1,114 1,674 1,667 1,867 1,773 1,764 1,746 1,734 1,742 1,654 1,618 1,583 1,485 1,493 1,486 1,440 1,421 1,345 1,482 1,447 1,408 1,419 1,375 1,330 1,299 1,238.1 1,063 1,038 1,016 1,032.4 992.0 962.4 934.4 945.8 918.1 899.4 900.5 967.6 892.9 878.2 876.0 798.4 749.0 734.9 740.1 674.1 621.3 585.5 551.7 519.5 513.9 500.3 499.0 496.3 481.9 456.1 444.3 443.5 429.1 409.9 402.9 392.0 384.3 379.5 370.6 375.2 351.7 342.9 315.7 210.8 200.9 193.8 182.7 180.3 172.3 168.2 157.6 161.3 150.2 150.8 144.9 253.8 136.3 228.0 225.5 238.2 229.4 213.0 202.0 174.6 148.4 124.2
Gross Profit 744 451 792 782 793 1,185 1,192 833 842 1,221 1,181 1,345 1,254 1,244 1,222 1,220 1,233 1,130 1,106 1,089 1,023 971 999 954 947 864 967 945 923 933 901 876 866 799.5 675 665 652 640.2 626.0 613.7 600.8 603.8 584.2 573.0 581.3 602.6 560.5 549.3 575 519.8 485.0 485.7 485.1 456.7 436.0 413.7 397.4 370.6 367.0 353.3 353.4 343.4 338.9 310.7 304.3 296.8 292.6 275.5 271.2 256.1 248.0 243.9 239.8 240.2 222.8 216.0 197.3 138.2 130.9 127.0 119.2 112.9 108.3 105.4 97.9 89.4 93.7 93.0 89.2 140.3 83.5 117.3 113.7 151.6 106.3 99.8 118.7 109.9 99.8 87.2
Operating Income 465 527 525 506 521 (4,505) 544 495 520 588 486 667 628 612 602 593 618 523 526 505 448 682 434 383 364 302 423 389 367 381 359 345 349 268.4 261 259 255 262.0 244.3 231.2 211.7 229.7 230.8 240.7 244.9 261.5 239.1 217.2 251.6 233.9 222.8 230.0 235.1 208.7 220.8 203.0 202.2 176.8 181.9 167.1 166.4 156.2 156.0 132.9 130.4 119.5 118.8 98.5 97.2 78.9 76.0 68.6 69.0 61.0 (12.8) 37.9 13.4 40.5 32.4 27.6 20.9 20.5 1.7 9.3 (4.2) (46.7) 1.0 (7.0) (6.1) 23.6 (10.0) (3.6) 4.9 (22.4) (16.3) (5.1) (3.9) 2.4 1.2 6.0
Net Income 151 294 323 291 (464) (4,768) 303 251 311 363 265 455 418 414 419 421 421 353 351 334 58 508 163 200 185 208 242 216 193 213 164 180 114 98.1 115 112.1 119.1 124.7 98.4 86.1 36.8 141.1 103.8 154.5 122.8 113.1 106.9 13.0 80.9 (34.9) 45.8 52.4 15.5 (19.5) 42.0 116.0 50.0 48.9 51.3 30.9 40.0 40.9 (135.0) (97.5) (119.3) 18.1 (31.6) (111.4) 10.6 (63.8) (32.2) 60.3 (13.2) (80.2) (67.0) (32.7) (42.9) (6.3) (15.6) (13.3) (6.7) (17.3) (28.1) (227.5) (128.8) (121.7) 461.3 (39.6) (65.0) (148.8) (80.8) (34.9) (68.6) (103.0) (84.7) (68.1) (59.0) (53.0) (59.2) (33.6)
EPS (Diluted) 0.34 0.67 0.74 0.67 -1.06 -10.96 0.70 0.58 0.71 0.83 0.61 1.05 0.96 0.95 0.97 0.97 0.97 0.81 0.81 0.77 0.13 1.17 0.38 0.41 0.38 0.43 0.51 0.45 0.40 0.33 0.33 0.36 0.21 0.17 0.21 0.31 0.33 0.35 0.26 0.22 0.11 0.39 0.28 0.46 0.34 0.34 0.29 0.04 0.24 -0.11 0.16 0.18 0.05 -0.07 0.14 0.40 0.17 0.17 0.15 0.09 0.12 0.14 -0.47 -0.34 -0.41 0.06 -0.11 -0.39 0.02 -0.22 -0.11 0.19 -0.05 -0.29 -0.24 -0.12 -0.16 -0.02 -0.08 -0.06 -0.03 -0.08 -0.13 -1.04 -0.58 -0.54 1.98 -0.18 -0.30 -0.68 -0.37 -0.16 -0.31 -0.47 -0.40 -0.32 -0.28 -0.28 -0.36 -0.21
Balance Sheet
Cash & Equivalents 55 269 233 94 60 119 194 155 125 105 117 276 187 156 174 281 312 292 357 339 254 232 242 2,514 310 196 182 288 245 277 323 206 220 314 6,719.1 199.7 205.2 567.6 156.2 202.3 175.7 242.1 397.5 766.1 335.0 609.3 119.8 232.5 171.5 462.4 459.7 476.9 516.2 605.3 536.7 659.0 716.9 453.8 816.9 332.0 509.5 549.3 492.2 705.9 101.8 296.5 201.3 51.3 55.1
Total Assets 31,391 31,518 31,501 31,636 31,760 32,736 38,043 38,246 38,231 38,527 38,699 39,042 39,054 38,921 38,861 39,013 39,051 39,040 39,004 38,973 38,752 38,768 38,786 40,901 38,616 38,457 38,344 38,147 37,778 32,762 32,644 32,374 32,250 32,229 31,011.8 24,483.6 23,776.8 22,675.1 22,171.7 22,153.1 21,718.3 10,352.4 10,560.5 10,956.6 10,552.4 10,749.9 10,506.3 6,370.2 6,446.9 6,737.6 6,754.3 6,759.1 6,892.6 7,044.5 7,523.2 7,471.8 6,868.5 6,439.8 6,307.2 4,871.7 4,212.5 3,836.7 3,581.6 3,029.1 2,123.7 1,523.2 1,369.9 418.8 371.4
Total Debt 24,682 29,566 29,843 29,566 29,675 29,613 29,636 29,381 29,124 28,814 28,729 28,510 28,518 27,960 27,768 27,647 27,579 27,009 26,710 26,386 26,060 25,417 25,333 27,035 24,562 23,931 23,626 23,285 22,841 16,682 16,424 15,956 15,746 16,159.6 15,204.4 13,841.3 13,493.0 12,171.1 12,593.0 12,426.2 11,866.0 6,388.9 6,388.3 6,579.1 6,273.3 6,502.2 5,996.5 3,174.1 3,185.3 3,450.0 3,186.8 3,212.3 3,227.0 3,367.5 3,374.7 3,354.8 2,701.2 2,602.7 2,564.9 2,414.2 1,892.6 1,542.3 1,478.8 1,194.7 771.2 429.7 494.3 216.9 156.3
Stockholders' Equity (1,920) (1,635) (1,493) (1,382) (1,253) (133) 5,296 5,652 6,048 6,381 6,669 7,046 7,223 7,449 7,679 7,861 8,036 8,258 8,516 8,713 8,923 9,461 9,502 9,826 10,121 10,489 11,325 11,523 11,746 11,571 12,295 12,566 12,832 12,339 12,672.3 7,590.3 7,363.5 7,557.1 6,753.7 6,948.3 7,153.0 2,482.1 2,687.2 2,936.2 2,924.7 2,776.3 3,409.6 1,912.9 1,971.6 1,794.4 2,083.5 2,123.0 2,208.5 2,164.8 3,341.7 2,558.3 2,666.8 2,420.9 3,290.4 2,073.9 2,026.7 2,040.6 1,878.6 1,650.5 1,174.2 938.7 755.1 191.6 202.5
Cash Flow
Operating Cash Flow 509 870 714 832 641 877 699 768 599 868 533 1,119 606 840 701 779 558 734 622 787 584 985 661 756 653 807 664 715 512 727 664 659 452 626.9 483.2 488.0 446.1 477.5 386.5 480.5 437.7 47.2 39.3 26.3 64.3 26.9 116.0 44.1 94.1 5.9 126.6 12.4 53.9 16.0 53.2 25.8 8.0 47.9 38.1 42.5 36.9 16.9 40.6 14.6 20.5 41.6 5.4 1
Capital Expenditure (57) (59) (43) (40) (40) (276) (297) (329) (320) (357) (347) (379) (341) (389) (337) (303) (281) (337) (283) (307) (302) (386) (377) (414) (447) (519) (540) (518) (480) (500) (478) (393) (370) (376.6) (288.2) (300.9) (262.4) (259.7) (221.2) (199.5) (193.5) (16.9) (12.3) (9.6) (0.0) (19.4) (23.7) (21.6) (20.7) (52.8) (40.0) (38.0) (126.3) (73.0) (122.0) (152.4) (156.8) (199.5) (178.4) (148.2) (110.4) (193) (636.7) (391.4) (281.2) (71.5) (24.9) (28.3)
Free Cash Flow 452 811 671 792 601 601 402 439 279 511 186 740 265 451 364 476 277 397 339 480 282 599 284 342 206 288 124 197 32 227 186 266 82 250.3 195.0 187.1 183.7 217.8 165.4 281.0 244.2 30.3 27.0 16.7 64.3 7.5 92.3 22.4 73.3 (46.9) 86.6 (25.6) (72.3) (56.9) (68.8) (126.6) (148.8) (151.6) (140.3) (105.7) (73.5) (176.1) (596.1) (376.8) (260.7) (29.9) (19.5) (27.3)