Cullen/Frost Bankers, Inc. logo CFR - Cullen/Frost Bankers, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 5
HOLD 22
SELL 6
STRONG
SELL
0
| PRICE TARGET: $154.13 DETAILS
HIGH: $164.00
LOW: $144.00
MEDIAN: $152.50
CONSENSUS: $154.13
UPSIDE: 10.58%
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 574.8 745.9 745.6 719.2 709.1 723.5 721.9 707.5 696.9 692.8 667.1 645.9 640.5 610.2 508.2 404.5 357.7 355.9 345.4 354.3 339.8 340.2 334.8 332.6 478.9 373.3 375.5 370.8 378.1 368.3 356.4 343.0 334.8 324.4 309.2 300.4 295.5 298.3 279.6 271.5 288.7 272.3 273.5 264.9 267.6 265.5 262.4 252.5 241.2 242.4 234.8 231.5 236.5 236.7 229.3 225.6 228.8 226.2 234.0 226.9 225.9 224.5 226.1 225.2 223.6 242.6 225.0 225.2 223.9 236.6 244.0 236.4 245.9 254.8 265.6 257.0 259.7 241.8 237.0 229.0 217.9 203.0 188.3 178.0 171.0 163.2 155.6 151.1 148.7 145.0 148.7 145.6 153.7 151.9 166.1 173.9 181.2 173.9 169.8 158.4
Cost of Revenue 6.7 176.3 185.1 185.5 182.0 203.3 223.2 215.4 209.1 206.9 186.8 167.0 144.5 109.1 52.8 18.4 7.2 6.2 6.1 5.9 5.8 20.4 28.0 41.2 196.7 35.3 41.3 41.1 45.9 35.8 29.7 28.9 20.5 18.5 19.4 12.9 11.2 12.2 8.0 12.1 31.4 37.0 9.9 6.0 11.8 8.2 4.3 8.3 10.0 10.6 10.6 9.4 11.9 10.5 9.1 8.9 8.3 8.2 18.4 20.8 21.3 23.9 23.4 22.1 28.1 39.9 38.4 39.4 34.0 37.9 50.9 40.9 49.8 61.2 70.0 66.2 67.4 64.1 59.6 56.9 48.3 41.6 33.6 28.4 25.2 19.6 16.0 15.5 13.5 14.1 18.2 21.9 24.3 29.9 39.5 61.6 57.0 53.0 49.8 43.9
Gross Profit 568.1 569.6 560.5 533.7 527.2 520.2 498.7 492.1 487.8 485.9 480.2 478.9 496.0 501.1 455.4 386.1 350.5 349.8 339.3 348.4 334.1 319.8 306.7 291.4 282.2 338.0 334.2 329.7 332.3 332.6 326.7 314.1 314.2 305.9 289.8 287.4 284.3 286.1 271.6 259.3 257.4 235.3 263.5 258.9 255.8 257.2 258.1 244.2 231.2 231.8 224.2 222.1 224.6 226.2 220.2 216.6 220.6 218.0 215.6 206.1 204.6 200.6 202.7 203.2 195.4 202.7 186.5 185.9 189.9 198.7 193.1 195.6 196.1 193.6 195.6 190.9 192.3 177.7 177.4 172.1 169.5 161.4 154.6 149.6 145.7 143.6 139.6 135.6 135.2 130.9 130.5 123.8 129.3 122.0 126.7 112.3 124.1 120.9 120.0 114.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 287.3 264.1 209.9 201.6 210.2 252.5 192.9 188.4 198.7 281.4 170.1 166.2 170.5 202.6 153.1 141.3 139.2 167.6 124.1 118.6 118.9 164.9 111.8 112.0 126.3 176.4 117.3 113.3 118.8 159.7 110.6 107.7 113.6 155.4 107.0 104.8 109.1 146.9 101.8 100.0 103.3 142.1 99.4 97.5 99.9 138.6 91.8 88.4 90.7 129.8 86.4 84.0 87.3 120.3 81.6 79.5 82.9 81.5 76.3 77.4 82.5 78.1 77.1 76.9 80.2 76.6 76.7 82.0 76.4 69.0 70.3 67.1 69.3 64.0 63.7 63.2 66.1 59.2 59.6 58.9 59.3 53.0 51.8 50.8 52.0 59.8 49.4 48.4 50.2 46.4 44.9 43.9 44.7 45.5 45.0 44.5 42.1 42.8 41.6 41.3
Other Expenses 78.4 107.6 142.5 145.6 137.9 83.7 130.5 128.5 127.5 83.8 123.1 118.9 114.6 78.7 104.8 105.0 99.5 71.0 93.9 96.6 91.2 58.0 90.4 87.7 97.8 44.4 91.6 89.9 83.0 40.0 83.1 81.2 83.1 40.9 79.8 83.3 78.9 47.0 78.7 79.4 75.9 31.3 76.1 75.7 71.6 30.4 72.0 75.5 67.2 24.7 65.4 65.8 68.5 25.8 62.9 63.0 59.1 62.4 61.1 59.4 57.6 55.6 55.5 57.7 54.4 57.6 55.6 54.3 53.1 54.6 52.6 53.0 50.8 50.1 49.8 49.4 55.9 47.8 44.0 41.3 41.2 42.0 40.2 38.7 38.5 27.0 37.1 36.8 36.4 36.1 35.3 35.6 36.6 57.4 38.7 38.1 38.9 35.7 36.1 34.8
Operating Expenses 365.7 371.7 352.5 347.1 348.1 336.2 323.4 317.0 326.2 365.2 293.3 285.0 285.1 281.3 257.9 246.3 238.7 238.6 218.0 215.3 210.1 222.9 202.2 199.7 224.2 220.8 208.9 203.2 201.8 199.7 193.7 188.9 196.6 196.3 186.8 188.1 187.9 193.9 180.5 179.4 179.2 173.4 175.6 173.2 171.5 169.0 163.9 163.9 157.9 154.5 151.8 149.8 155.8 146.1 144.4 142.5 142.0 143.8 137.4 136.8 140.1 133.7 132.6 134.7 134.6 134.2 132.2 136.3 129.5 123.5 123.0 120.1 120.0 114.2 113.6 112.6 122.1 107.0 103.6 100.2 100.5 95.1 92.0 89.5 90.5 86.7 86.5 85.2 86.6 82.5 80.2 79.4 81.3 103.0 83.8 82.6 81.0 78.5 77.8 76.1
Operating Income
Operating Income 202.4 198.0 208.0 186.6 179.1 184.0 175.2 175.2 161.6 120.7 187.0 193.9 210.8 219.8 197.5 139.8 111.7 111.2 121.3 133.1 123.9 96.9 104.6 91.8 58.1 117.2 125.4 126.5 130.5 132.9 133.0 125.2 117.6 109.6 103.0 99.4 96.3 92.2 91.1 79.9 78.2 61.9 88.0 85.7 84.2 88.2 94.3 80.2 73.3 77.3 72.4 72.4 68.8 80.1 75.7 74.1 78.5 74.2 78.2 69.3 64.6 66.8 70.2 68.5 60.8 68.5 54.3 49.6 60.4 75.2 70.1 75.5 76.1 79.4 82.0 78.2 70.2 70.6 73.8 71.9 69.1 66.3 62.6 60.2 55.3 56.9 53.1 50.4 48.6 48.4 50.3 44.3 48.1 19.1 42.9 29.7 43.1 42.5 42.2 38.4
Interest Expense 139.4 164.9 178.5 172.4 168.9 187.2 203.8 199.6 195.4 190.9 175.7 157.1 135.4 106.1 52.8 18.4 7.2 6.2 6.1 5.9 5.7 6.6 7.7 9.2 21.5 27.0 33.3 34.7 34.9 32.0 27.1 20.7 13.6 10.4 8.4 4.5 3.3 3.3 3.0 2.9 2.9 3.0 3.1 3.1 3.7 3.8 3.9 3.4 3.4 4.7 5.5 5.8 5.9 6.4 6.6 6.6 7.2 8.2 9.4 11.8 11.8 12.6 13.3 13.4 14.6 17.7 21.5 22.8 24.4 29.3 31.9 34.5 45.8 57.6 64.2 63.5 64.7 60.7 57.9 51.8 44.4 38.6 30.9 26.2 22.8 19.6 16.0 13.5 13.0 12.6 14.7 17.4 18.9 25.9 38.5 46.6 51.9 49.5 46.9 41.2
Interest Income 578.0 613.6 620.1 602.0 585.1 600.7 608.2 596.3 585.5 579.1 561.1 542.3 535.2 504.5 408.3 306.6 256.3 246.9 252.2 263.0 246.6 248.9 251.2 255.0 266.0 278.1 286.3 288.1 281.3 281.2 268.7 258.0 243.3 234.3 227.6 219.3 211.8 204.9 197.5 193.5 192.6 189.1 190.1 185.9 184.4 182.8 181.9 173.4 163.7 163.9 160.9 159.0 158.8 160.8 158.2 155.8 156.9 158.5 154.8 156.1 153.6 154.2 155.7 155.3 152.2 156.3 155.5 157.2 154.1 167.4 166.7 165.9 175.7 188.4 194.9 193.0 192.6 182.0 176.4 168.7 156.8 146.4 130.2 120.3 112.9 107.5 100.0 94.8 91.3 91.9 93.4 95.9 98.5 103.1 117.7 127.2 135.2 131.5 126.9 118.8
Profitability
EBITDA 224.6 219.8 230.2 208.5 201.0 205.4 196.0 195.6 181.8 140.9 206.2 212.5 229.3 237.9 215.4 157.6 129.3 128.9 138.8 150.3 140.9 113.5 120.8 107.7 73.6 132.1 138.8 139.4 143.2 145.6 145.9 137.6 129.8 121.6 114.8 111.3 108.5 104.7 103.0 91.8 90.1 73.1 98.7 95.8 94.3 98.3 104.4 90.0 83.0 87.0 82.2 82.0 78.2 89.5 85.2 83.5 88.0 83.7 87.7 78.7 73.8 76.5 79.9 77.8 69.8 77.8 63.5 58.6 69.2 84.1 78.5 83.6 84.2 87.7 91.6 84.4 77.5 78.8 80.6 77.6 74.9 72.9 69.2 66.8 61.8 63.7 58.6 57.1 55.5 55.4 56.9 50.9 55.8 28.9 54.5 37.2 52.4 51.1 51.8 46.5
EBIT 202.4 198.0 208.0 186.6 179.1 184.0 175.2 175.2 161.6 120.7 187.0 193.9 210.8 219.8 197.5 139.8 111.7 111.2 121.3 133.1 123.9 96.9 104.6 91.8 58.1 117.2 125.4 126.5 130.5 132.9 133.0 125.2 117.6 109.6 103.0 99.4 96.3 92.2 91.1 79.9 78.2 61.9 88.0 85.7 84.2 88.2 94.3 80.2 73.3 77.3 72.4 72.4 68.8 80.1 75.7 74.1 78.5 74.2 78.2 69.3 64.6 66.8 70.2 68.5 60.8 68.5 54.3 49.6 60.4 75.2 70.1 75.5 76.1 79.4 82.0 78.2 70.2 70.6 73.8 71.9 69.1 66.3 62.6 60.2 55.3 56.9 53.1 50.4 48.6 48.4 50.3 44.3 48.1 19.1 42.9 29.7 43.1 42.5 42.2 38.4
Income Before Tax 202.4 198.0 208.0 186.6 179.1 184.0 175.2 175.2 161.6 120.7 187.0 193.9 210.8 219.8 197.5 139.8 111.7 111.2 121.3 133.1 123.9 96.9 104.6 91.8 58.1 117.2 125.4 126.5 130.5 132.9 133.0 125.2 117.6 109.6 103.0 99.4 96.3 92.2 91.1 79.9 78.2 61.9 88.0 85.7 84.2 88.2 94.3 80.2 73.3 77.3 72.4 72.4 68.8 80.1 75.7 74.1 78.5 74.2 78.2 69.3 64.6 66.8 70.2 68.5 60.8 68.5 54.3 49.6 60.4 75.2 70.1 75.5 76.1 79.4 82.0 78.2 70.2 70.6 73.8 71.9 69.1 66.3 62.6 60.2 55.3 56.9 53.1 50.4 48.6 48.4 50.3 44.3 48.1 19.1 42.9 29.7 43.1 42.5 42.2 38.4
Income Tax Expense 31.4 31.7 33.6 29.6 28.2 29.2 28.7 29.7 25.9 18.1 31.3 31.7 33.2 28.7 27.7 20.7 12.6 10.1 13.3 15.1 7.9 8.6 9.5 (1.3) 3.3 13.5 13.5 14.9 14.0 13.6 15.2 13.8 11.2 9.1 9.9 13.8 11.4 8.5 10.9 8.4 9.4 3.7 12.1 12.6 12.1 15.5 16.9 13.5 12.1 14.8 12.0 12.7 13.6 19.9 17.1 16.0 17.5 18.7 23.7 13.7 12.7 13.8 15.2 15.6 13.0 17.0 9.6 11.7 15.4 22.2 21.2 22.9 23.3 24.7 25.6 24.6 22.9 22.3 23.8 23.4 22.4 21.4 20.2 19.5 17.9 18.6 17.1 16.3 15.7 15.8 16.0 14.2 15.4 6.0 14.2 10.2 14.9 14.7 14.6 13.3
Net Income 171.0 166.3 174.4 157.0 150.9 154.9 146.5 145.5 135.7 102.6 155.7 162.1 177.7 191.2 169.8 119.1 99.1 101.0 108.0 118.1 116.0 88.3 95.1 93.1 54.8 103.7 111.8 111.6 116.5 119.3 117.8 111.3 106.5 100.5 93.1 85.6 84.9 83.7 80.2 71.5 68.8 58.2 75.8 73.1 72.2 72.7 77.6 66.5 61.2 62.6 60.4 59.7 55.2 60.2 58.7 58.1 61.0 55.4 54.5 55.7 51.9 53.1 55.0 52.9 47.8 51.5 44.7 37.9 45.0 53.0 49.0 52.5 52.8 54.7 56.5 53.6 47.3 48.4 50.0 48.5 46.7 44.9 42.5 40.7 37.4 38.3 36.0 34.1 32.9 32.6 34.2 30.2 32.7 13.1 28.7 22.5 28.3 27.8 27.6 25.2
Per Share Data
EPS (Basic) 2.65 2.59 2.67 2.39 2.30 2.37 2.24 2.21 2.06 1.55 2.38 2.47 2.71 2.92 2.60 1.82 1.51 1.54 1.66 1.81 1.78 1.39 1.50 1.47 0.75 1.66 1.74 1.73 1.80 1.84 1.80 1.70 1.63 1.54 1.43 1.30 1.29 1.31 1.24 1.12 1.07 0.90 1.18 1.12 1.11 1.12 1.19 1.03 0.97 1.00 0.96 0.95 0.91 0.98 0.95 0.94 0.99 0.91 0.89 0.91 0.85 0.87 0.90 0.87 0.79 0.86 0.75 0.64 0.76 0.89 0.83 0.89 0.90 0.93 0.97 0.90 0.79 0.81 0.90 0.88 0.86 0.83 0.81 0.78 0.72 0.74 0.70 0.67 0.64 0.63 0.67 0.59 0.64 0.25 0.56 0.44 0.55 0.53 0.53 0.48
EPS (Diluted) 2.65 2.56 2.67 2.39 2.30 2.36 2.24 2.21 2.06 1.55 2.37 2.46 2.69 2.90 2.59 1.81 1.50 1.54 1.65 1.80 1.77 1.38 1.50 1.47 0.75 1.66 1.73 1.72 1.79 1.82 1.78 1.68 1.61 1.53 1.41 1.29 1.28 1.31 1.24 1.11 1.07 0.90 1.17 1.11 1.10 1.11 1.18 1.02 0.96 0.99 0.96 0.94 0.91 0.97 0.95 0.94 0.99 0.91 0.89 0.91 0.85 0.87 0.90 0.87 0.79 0.86 0.75 0.63 0.76 0.89 0.83 0.89 0.89 0.93 0.95 0.89 0.78 0.81 0.88 0.86 0.83 0.83 0.79 0.77 0.70 0.74 0.68 0.65 0.62 0.63 0.65 0.59 0.61 0.25 0.54 0.42 0.55 0.52 0.52 0.47
Shares Outstanding 63.6 63.6 64.1 64.3 64.3 64.1 64.0 64.2 64.2 64.1 64.1 64.2 64.4 64.3 64.2 64.1 64.1 63.9 63.7 63.6 63.3 62.9 62.7 62.6 62.6 62.6 62.6 62.8 63.0 63.4 63.9 63.8 63.6 63.3 63.7 64.1 63.7 63.2 62.5 62.0 61.9 62.2 62.6 63.1 63.1 63.1 62.9 61.6 60.7 60.5 60.3 60.0 60.6 61.4 61.3 61.3 61.2 61.2 61.1 61.1 61.0 60.8 60.5 60.4 60.0 59.8 59.5 59.3 59.2 59.2 58.9 58.7 58.6 58.1 58.2 59.6 59.8 59.8 55.6 55.2 54.3 54.2 52.4 52.2 51.9 51.8 51.4 50.9 51.4 51.4 51.1 51.1 51.0 51.3 51.2 51.2 51.2 52.4 52.1 52.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 638.8 8,864.4 7,930.6 7,104.5 7,843.7 10,218.7 9,187.7 7,058.1 8,379.9 8,602.6 7,530.4 7,010.1 9,211.9 11,820.5 13,528.9 13,553.0 14,457.1 16,541.0 16,239.9 15,175.4 11,794.3 10,288.1 7,155.2 6,550.7 3,818.9 3,431.8 2,519.9 1,475.7 1,956.7 3,320.8 2,935.6 2,985.8 4,341.2 4,893.1 5,042.3 3,582.6 4,498.9 4,122.7 3,960.5 3,298.4 3,834.3 2,636.8 2,553.5 1,716.2 710.9 1,128.1 617.1 916.5 898.9 1,070.7 1,077.4 1,248.7 1,339.8 1,050.6 869.6 979.5 886.3 824.0 690.8 666.8 611.6 767.2 645.3 683.2 682.6 787.8 643 815.4 861.7 827.6 878.8 608.5 713.3 924.9 551.3 638.9 592.6 633.9 471.1 489.6 423.7 533.4 403.1 347.2 491.5 585.1 551 496.7 520.5
Short-Term Investments 0 1,118.6 10,684.7 10,512.7 1,408.7 15,043.6 15,320.0 15,197.6 15,181.6 16,578.4 16,117.1 17,249.3 17,981.8 18,243.6 17,399.1 16,781.7 16,184.5 13,924.6 11,731.2 10,840.5 10,377.4 10,437.6 10,604.5 10,606.7 10,468.0 11,269.6 12,420.4 12,279.5 12,014.0 11,387.3 11,178.6 10,717.7 10,536.5 10,489.0 10,185.1 10,783.7 10,612.5 10,203.3 10,162.8 10,044.0 9,067.2 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 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 192.0 0 0 0 0 0 0 0 0 0 2,030.8 1,004.2 990.8 1,077.9 1,083.8 985.3 772.2 612.5 639.0 616.4 504.9 584.6 482.6 565.7 518.2 440.7 391.5 450.2 403.7 457.7 431.3 453.7 398.5 400.9 338.2 369.5 332.5 396.7 320.0 362.3 308.3 457.4 406.1 420.9 430.6 460.6 265.7 218.5 182.2 165.8 201.6 286.7 182.4 394.4 419.2 398.2 314.6 331.5 384.1 320.0 305.2 313.3 312.1 340.1 270.1 259.8 250.5 266.5 249.4 249 191.9 221.4 193.8 169.6 168.2 179 164.7 155 150.6 136.5 133.5 125.4 131.2 134.8 135.3 0 138.3 140.3 153
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 830.8 9,983.0 18,615.3 17,617.2 9,252.4 25,262.3 24,507.8 22,255.7 23,561.5 25,181.0 25,678.3 25,263.6 28,184.6 31,142.0 32,011.8 31,320.0 31,413.8 31,078.2 28,610.1 26,632.3 22,676.6 21,310.2 18,242.2 17,723.0 14,805.0 15,142.0 15,331.8 14,205.4 14,374.4 15,165.8 14,545.5 14,157.3 15,276.3 15,783.0 15,565.5 14,735.9 15,443.9 14,722.6 14,443.3 13,704.7 13,209.9 3,094.1 2,959.6 2,137.1 1,141.6 1,588.7 882.8 1,135.0 1,081.2 1,236.5 1,279.0 1,535.3 1,522.2 1,445.0 1,288.8 1,377.7 1,200.9 1,155.6 1,074.9 986.8 916.7 1,080.5 957.4 1,023.3 952.7 1,047.6 893.5 1,081.9 1,111.1 1,076.6 1,070.7 829.9 907.1 1,094.5 719.5 817.9 757.3 788.9 621.7 626.1 557.2 658.8 534.3 482 626.8 585.1 689.3 637 673.5
Non-Current Assets
Property, Plant & Equipment 1,332.5 1,313.2 1,293.6 1,277.1 1,272.6 1,245.4 1,229.2 1,221.0 1,210.9 1,190.0 1,166.5 1,154.2 1,130.6 1,102.7 1,068.7 1,046.5 1,046.4 1,050.3 1,023.2 1,031.9 1,040.6 1,045.6 1,055.1 1,044.3 1,035.9 1,011.9 987.5 915.5 750.3 552.3 541.2 539.9 521.2 521.0 520.6 520.3 521.1 525.8 564.4 564.2 557.0 318.9 322.7 324.1 295.8 285.8 217.3 167.7 169.4 168.6 166.5 167.9 171.3 172.2 149.0 149.9 150.3 149.9 146.5 146.6 145.1 143.0 144 143.3 135.8 137.3 136.6 133.8 116.3 128.7 108.4 107.7 106 101.6 101.8 101.1 99.9 89.5 90.7 91.9 86.8 88.7 89.7 90.2 87.3 86.7 89.3 89.2 83.2
Goodwill 0 0 0 0 0 0 0 0 0 0 0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 655.0 654.7 654.7 654.7 527.7 527.7 527.7 527.2 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 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0.2 0.3 0.4 0.5 0.6 0.7 0.9 1.0 1.2 1.4 1.6 1.8 2.0 2.2 2.5 2.7 3.0 3.3 3.6 4.0 4.3 4.7 5.1 5.5 5.9 6.3 6.8 6.9 7.5 8.1 16.8 18.1 19.5 21.8 460.6 265.7 218.5 182.2 165.8 201.6 286.7 182.4 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
Long-Term Investments 49,085.8 39,931.1 23,320.1 23,163.0 38,295.4 24,018.4 23,361.5 23,325.6 22,738.6 22,197.7 21,785.1 21,203.9 20,966.1 19,566.4 18,890.4 18,442.8 17,961.2 17,836.9 17,341.8 18,154.4 19,449.0 19,163.8 19,911.8 19,690.8 17,058.5 16,648.2 15,519.2 15,359.5 15,347.3 15,073.7 14,789.0 14,798.0 14,461.3 14,422.4 13,994.2 13,959.0 13,672.8 14,072.8 13,696.1 13,774.1 13,748.2 12,946.8 12,783.5 13,132.8 12,855.4 12,679.7 10,823.8 7,675.7 7,893.4 7,473.1 7,088.5 7,047.4 6,889.6 6,648.6 6,359.6 6,193.6 6,224.7 6,137.4 5,884.6 6,059.3 5,843.4 5,738.3 5,664.2 5,735.9 5,625.8 5,684.7 5,379 5,209.6 4,426.5 4,840.2 3,978.5 3,986.8 3,920.2 3,692.2 3,635.2 3,630.9 3,625.7 3,321.7 3,290.4 3,286.8 3,080.4 3,046.2 3,020 3,003.1 2,901.7 2,833.4 2,426.6 2,767.4 2,780.5
Other Non-Current Assets 1,475.6 1,814.1 9,304.4 9,352.1 3,184.4 1,994.1 1,909.7 2,040.3 1,994.4 2,276.3 117.0 320.3 309.2 425.9 319.2 320.1 219.0 257.3 229.3 223.0 224.4 215.2 235.5 262.5 590.7 567.8 601.9 680.5 534.4 842.6 688.7 532.8 540.8 361.5 249.2 330.3 225.6 213.3 237.5 271.1 222.2 155.5 149.4 146.8 943.0 226.3 682.5 479.8 732.3 679.1 1,378.1 950.9 833.8 516.6 314.4 143.3 243.9 217.5 248.8 135.3 114.2 35.0 4.1 (0.1) 0.1 0 (0.1) 0.1 (0.1) 0.1 (0.1) 0 (0.1) 0.1 0.1 0 0.1 0.1 0 (0.1) 0 0 0 0 0 133.8 303 0 0.1
Total Non-Current Assets 51,893.8 43,058.4 33,918.1 33,792.1 42,752.4 27,258.0 26,500.3 26,586.9 25,944.0 25,664.0 23,068.7 23,333.6 23,061.1 21,750.4 20,933.8 20,464.9 19,882.2 19,800.3 19,250.2 20,065.4 21,370.2 21,081.1 21,859.0 21,654.5 19,342.3 18,885.4 17,766.3 17,613.5 17,290.2 17,127.2 16,677.9 16,530.0 16,182.9 15,964.9 15,424.4 15,470.4 15,080.8 15,473.7 15,159.6 15,271.6 15,190.2 13,965.7 13,801.4 14,150.9 14,643.2 13,742.5 12,283.9 8,435.4 8,908.6 8,435.6 8,750.8 8,285.3 8,013.8 7,337.4 6,823.0 6,486.7 6,619.0 6,504.8 6,279.9 6,341.1 6,102.6 5,916.2 5,812.3 5,879.1 5,761.7 5,822 5,515.5 5,343.5 4,542.7 4,969 4,086.8 4,094.5 4,026.1 3,793.9 3,737.1 3,732 3,725.7 3,411.3 3,381.1 3,378.6 3,167.2 3,134.9 3,109.7 3,093.3 2,989 3,053.9 2,818.9 2,856.6 2,863.8
Total Assets 52,724.6 53,041.4 52,533.3 51,409.4 52,004.7 52,520.3 51,008.1 48,842.7 49,505.4 50,845.0 48,747.0 48,597.2 51,245.7 52,892.4 52,945.6 51,784.9 51,296.1 50,878.5 47,860.3 46,697.7 44,046.8 42,391.3 40,101.2 39,377.6 34,147.3 34,027.4 33,098.2 31,818.9 31,664.6 32,293.0 31,223.4 30,687.2 31,459.2 31,747.9 30,990.0 30,206.3 30,524.7 30,196.3 29,602.9 28,976.2 28,400.1 17,059.9 16,761.0 16,288.0 15,784.8 15,331.2 13,166.7 9,570.4 9,989.8 9,672.1 10,029.8 9,820.6 9,536.0 8,782.4 8,111.8 7,864.5 7,819.9 7,660.4 7,354.8 7,327.9 7,019.4 6,996.7 6,769.7 6,902.4 6,714.4 6,869.6 6,409 6,425.4 5,653.8 6,045.6 5,157.5 4,924.4 4,933.2 4,888.4 4,456.6 4,549.9 4,483 4,200.2 4,002.8 4,004.7 3,724.4 3,793.7 3,644 3,575.3 3,615.8 3,639 3,508.2 3,493.6 3,537.3
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 784.3 703.7 1,076.4 866.3 1,241.6 906.0 988.8 754.3 1,412.4 1,110.6 694.8 730.2 672.7 865.0 773.6 545.7 697.4 538.0 314.0 172.3 247.6 168.9 271.0 195.1 165.1 209.3 155.4 169.1 293.2 582.9 321.0 242.2 203.9 205.6 212.1 237.6 390.5 108.7 601.6 155.6 139.4 139.3 121.6 140.3 139.3 123.5 138.8 126.0 136.8 304.0 123.5 101.6 74.8 103.6 101.2 107.2 111.5 124.6 102 114.4 84.4 101.8 91.7 92.7 95 127.3 104.3 101.6 83.4 81.1 66.6 40.1 54.2 47.1 50.1 49.6 45 41.7 48.2
Short-Term Debt 4,127.1 4,544.6 4,595.5 4,444.1 4,493.1 4,364.9 4,036.4 3,798.9 3,984.4 4,141.4 3,748.2 3,583.4 4,294.9 4,712.3 2,108.9 1,707.9 1,877.8 2,766.7 2,227.2 2,243.6 1,923.4 2,117.0 1,608.7 1,589.4 1,171.0 1,695.3 1,200.7 1,319.5 1,227.1 1,367.5 1,083.8 977.5 1,032.2 1,147.8 997.9 924.9 895.2 977.0 804.3 733.2 693.9 438.5 481.5 738.6 656.4 634.5 893.3 407.7 457.4 421.8 977.8 947.5 811.2 407.1 363.6 342.9 400.4 363.1 367.4 273.2 277.2 333.5 258.3 296.9 208.5 305.6 227.5 177.8 188.7 200.8 99.7 81 130.4 174.1 115.9 114.4 152.3 111.4 119.5 348.9 344.7 370.2 199 169.6 168 166.5 100.6 99.7 126.5
Deferred 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 42,917.9 42,517.2 41,683.6 42,390.7 42,722.7 41,720.6 40,318.1 40,806.5 41,920.6 40,992.2 40,700.8 42,184.2 43,954.2 46,560.2 45,601.8 44,430.9 42,695.7 39,612.8 38,734.1 36,925.2 35,015.8 33,499.5 32,679.1 28,140.9 27,639.6 27,083.6 25,985.0 26,294.9 27,149.2 26,348.9 25,996.5 26,677.8 26,872.4 26,403.3 25,613.6 26,142.2 25,811.6 25,107.5 24,287.5 24,157.0 13,952.2 13,733.7 13,313.3 12,496.7 12,033.1 10,095.8 7,933.8 7,773.3 8,068.9 7,902.3 7,754.1 7,628.1 7,300.3 6,725.5 6,687.1 6,589.7 6,499.7 6,205.0 6,127.6 6,009.1 5,953.8 5,820.7 5,893.5 5,782.4 5,845.5 5,465.7 5,541.2 4,846.9 5,169.1 4,478.4 4,246.7 4,229.1 4,242.6 3,884.3 3,960.3 3,879.2 3,645.7 3,469.7 3,253 3,003.1 3,088 3,101.9 3,077.2 3,120.6 3,149.4 3,102.2 3,101.5 3,126.3
Total Current Liabilities 4,127.1 47,462.5 47,112.7 46,127.7 46,883.8 47,087.7 45,757.0 44,117.0 44,790.9 46,062.0 45,524.7 44,987.9 47,555.4 49,532.7 49,910.7 48,215.6 47,297.5 46,216.7 43,252.4 42,088.4 39,543.4 37,862.9 35,780.9 35,133.5 30,085.4 29,880.6 28,981.6 27,842.5 27,836.0 28,689.1 27,680.3 27,142.9 27,981.0 28,215.3 27,566.2 26,747.8 27,192.7 26,957.7 26,205.0 25,603.6 25,171.9 14,632.9 14,419.1 14,257.5 13,365.2 12,905.2 11,379.6 8,450.3 8,832.3 8,646.3 9,019.5 8,840.9 8,561.0 7,847.7 7,228.3 7,153.5 7,128.9 6,988.8 6,709.1 6,704.8 6,409.7 6,388.9 6,153.8 6,294 6,092.1 6,258.3 5,804.7 5,843.6 5,137.6 5,484.3 4,662.5 4,429.5 4,451.2 4,509.4 4,095.2 4,202 4,135.8 3,858.7 3,672.6 3,683 3,414.4 3,498.3 3,355.1 3,293.9 3,338.7 3,365.5 3,247.8 3,242.9 3,301
Non-Current Liabilities
Long-Term Debt 223.1 223.0 223.0 222.9 222.9 222.8 222.8 222.7 222.7 222.6 222.6 222.5 222.5 222.4 222.3 222.3 222.2 222.2 235.5 235.5 235.4 235.4 235.3 235.3 235.2 235.2 235.1 235.1 235.0 234.9 234.9 234.8 234.8 234.7 234.7 234.6 234.6 236.1 236.1 236.0 236.0 386.1 392.6 392.6 622.7 622.7 400.4 377.8 377.9 255.8 260.4 261.5 271.3 248.1 250.7 98.6 98.6 98.6 98.6 98.5 98.5 98.5 98.5 98.5 98.5 98.5 98.4 98.4 0 98.4 98.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.4 6.4 3.4
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 43,549.4 782.8 736.9 858.4 783.9 1,311.2 893.1 837.2 853.7 844.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (256.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) 0 (0.1) 0.1 0.1 (0.1) 0 0 0 (0.1) 0.1 0 0 0 0 0 0 0.1 0 0.1 0 0.1 0 0 0.1 (0.1)
Total Non-Current Liabilities 44,066.8 1,005.9 959.9 1,081.4 1,006.8 1,534.0 1,115.9 1,059.9 1,076.4 1,066.6 222.6 222.5 222.5 222.4 222.3 222.3 222.2 222.2 235.5 235.5 235.4 235.4 235.3 235.3 235.2 235.2 235.1 235.1 235.0 234.9 234.9 234.8 234.8 234.7 234.7 234.6 234.6 236.1 236.1 236.0 236.0 386.1 392.6 136.1 622.7 622.7 400.4 377.8 377.9 255.8 260.4 261.5 271.3 248.1 250.7 98.6 98.6 98.6 98.6 98.5 98.5 98.5 98.5 98.4 98.5 98.4 98.5 98.5 (0.1) 98.4 98.4 0 (0.1) 0.1 0 0 0 0 0 0 0.1 0 0.1 0 0.1 0 3.4 6.5 3.3
Total Liabilities 48,193.9 48,468.4 48,072.6 47,209.1 47,890.6 48,621.7 46,872.9 45,176.9 45,867.2 47,128.6 45,747.3 45,210.5 47,777.9 49,755.1 50,133.1 48,437.9 47,519.8 46,438.9 43,488.0 42,323.9 39,778.9 38,098.3 36,016.2 35,368.8 30,320.6 30,115.8 29,216.7 28,077.6 28,071.0 28,924.0 27,915.2 27,377.7 28,215.8 28,450.0 27,800.9 26,982.4 27,427.3 27,193.8 26,441.1 25,839.6 25,407.8 15,019.0 14,811.7 14,393.6 13,987.8 13,527.9 11,780.0 8,828.1 9,210.1 8,902.1 9,280.0 9,102.4 8,832.3 8,095.8 7,479.1 7,252.0 7,227.5 7,087.3 6,807.6 6,803.4 6,508.3 6,487.4 6,252.3 6,392.4 6,190.6 6,356.7 5,903.2 5,942.1 5,137.5 5,582.7 4,760.9 4,429.5 4,451.1 4,509.5 4,095.2 4,202 4,135.8 3,858.7 3,672.6 3,683 3,414.5 3,498.3 3,355.2 3,293.9 3,338.8 3,365.5 3,251.2 3,249.4 3,304.3
Stockholders' Equity
Common Stock 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 4,410.9 4,309.2 4,226.1 4,119.9 4,031.4 3,951.5 3,889.4 3,810.0 3,726.6 3,657.7 3,626.8 3,532.5 3,429.0 3,309.7 3,180.0 3,070.1 3,002.6 2,957.0 2,920.1 2,863.0 2,797.1 2,750.7 2,724.7 2,678.7 2,635.6 2,667.5 2,617.5 2,558.3 2,495.3 2,440.0 2,369.3 2,297.1 2,234.3 2,187.1 2,133.3 2,078.9 2,032.1 1,985.6 1,942.6 1,914.0 1,879.0 1,196.3 1,170.6 1,150.1 1,109.5 1,100.0 966.3 661.2 640.9 625.4 590.0 568.5 549.4 532.4 476.1 473.9 456.8 448.0 430.1 414.3 398.0 382.2 368.1 353.2 338.4 321.8 307.6 295.1 243.8 279 226.1 215.4 205.3 195.5 185.8 176.5 167.6 158.6 149.9 143.1 116.5 126 119.1 111.2 103.5 96 89.4 77.4 66.6
Accumulated Other Comprehensive Income (923.5) (843.0) (924.4) (1,140.5) (1,129.2) (1,252.0) (915.4) (1,309.3) (1,276.3) (1,119.2) (1,778.8) (1,305.0) (1,142.1) (1,348.3) (1,528.9) (874.2) (371.8) 347.3 350.3 413.0 387.7 513.0 505.1 488.3 363.8 267.4 305.4 219.4 93.8 (63.6) (141.2) (63.3) (53.4) 79.5 57.7 51.3 (5.8) (24.6) 215.5 281.4 179.3 215.8 164.0 154.2 122.0 153.7 (58.0) (45.5) 18.4 4.3 30.8 24.4 30.6 38.0 21.2 3.6 2.0 (4.0) (23.3) (37.9) (42.6) (39.1) (25.8) (28.5) 0.7 7.7 16.6 8.8 7.8 8.9 9.6 7.5 1.8 7.6 0.3 (3.7) 4.7 8.5 0 0 0 0 (1.2) 0 0 0 0 0 0
Total Stockholders' Equity 4,530.7 4,573.0 4,460.8 4,200.3 4,114.2 3,898.6 4,135.2 3,665.8 3,638.2 3,716.4 2,999.8 3,386.7 3,467.8 3,137.2 2,812.5 3,347.0 3,776.3 4,439.6 4,372.4 4,373.8 4,267.9 4,293.0 4,085.0 4,008.8 3,826.7 3,911.7 3,881.5 3,741.3 3,593.6 3,368.9 3,308.2 3,309.5 3,243.4 3,297.9 3,189.0 3,223.9 3,097.4 3,002.5 3,161.8 3,136.7 2,992.2 2,040.9 1,949.2 1,894.4 1,797.0 1,803.3 1,386.7 742.3 779.7 770.0 749.8 718.3 703.8 686.6 632.7 612.4 592.5 573.0 547.2 524.6 511.1 509.3 517.4 510 523.8 512.9 505.8 483.3 417.9 462.9 396.6 396.5 383.7 378.9 361.4 347.9 347.2 341.5 330.2 321.7 309.9 295.4 288.8 281.4 277 273.5 257 244.2 233
Total Liabilities & Equity 52,724.6 53,041.4 52,533.3 51,409.4 52,004.7 52,520.3 51,008.1 48,842.7 49,505.4 50,845.0 48,747.0 48,597.2 51,245.7 52,892.4 52,945.6 51,784.9 51,296.1 50,878.5 47,860.3 46,697.7 44,046.8 42,391.3 40,101.2 39,377.6 34,147.3 34,027.4 33,098.2 31,818.9 31,664.6 32,293.0 31,223.4 30,687.2 31,459.2 31,747.9 30,990.0 30,206.3 30,524.7 30,196.3 29,602.9 28,976.2 28,400.1 17,059.9 16,761.0 16,288.0 15,784.8 15,331.2 13,166.7 9,570.4 9,989.8 9,672.1 10,029.8 9,820.6 9,536.0 8,782.4 8,111.8 7,864.5 7,819.9 7,660.4 7,354.8 7,327.9 7,019.4 6,996.7 6,769.7 6,902.4 6,714.4 6,869.6 6,409 6,425.4 5,653.8 6,144 5,157.5 4,924.4 4,933.2 4,888.4 4,456.6 4,549.9 4,483 4,200.2 4,002.8 4,004.7 3,724.4 3,793.7 3,644 3,575.3 3,615.8 3,639 3,508.2 3,493.6 3,537.3
Debt Metrics
Total Debt 4,644.5 4,767.7 4,818.5 4,667.0 4,716.0 4,587.7 4,259.2 4,021.6 4,207.1 4,364.0 3,970.8 3,805.9 4,517.4 4,934.7 2,331.3 1,930.2 2,100.1 2,988.9 2,462.8 2,479.1 2,158.9 2,352.4 1,844.0 1,824.7 1,406.2 1,930.5 1,435.8 1,554.6 1,462.2 1,602.5 1,318.7 1,212.3 1,267.0 1,382.6 1,232.6 1,159.5 1,129.8 1,213.1 1,040.4 969.2 929.9 824.6 874.1 1,131.3 1,279.0 1,257.1 1,293.6 785.5 835.3 677.6 1,238.2 1,209.0 1,082.5 655.1 614.3 441.5 498.9 461.7 465.9 371.8 375.7 432.0 356.8 395.4 307 404.1 325.9 276.2 188.7 299.2 198.1 81 130.4 174.1 115.9 114.4 152.3 111.4 119.5 348.9 344.7 370.2 199 169.6 168 166.5 104 106.1 129.9
Net Debt 4,005.7 (4,096.7) (3,112.1) (2,437.5) (3,127.7) (5,630.9) (4,928.5) (3,036.5) (4,172.8) (4,238.6) (3,559.7) (3,204.2) (4,694.6) (6,885.8) (11,197.6) (11,622.9) (12,357.0) (13,552.1) (13,777.2) (12,696.3) (9,635.4) (7,935.7) (5,311.2) (4,726.0) (2,412.7) (1,501.3) (1,084.1) 78.9 (494.5) (1,718.3) (1,616.9) (1,773.5) (3,074.2) (3,510.5) (3,809.7) (2,423.1) (3,369.1) (2,909.6) (2,920.1) (2,329.2) (2,904.5) (1,812.1) (1,679.4) (584.9) 568.1 129.0 676.6 (130.9) (63.6) (393.0) 160.8 (39.7) (257.3) (395.5) (255.3) (538.1) (387.4) (362.4) (224.9) (295.0) (235.9) (335.2) (288.5) (287.8) (375.6) (383.7) (317.1) (539.2) (673) (528.4) (680.7) (527.5) (582.9) (750.8) (435.4) (524.5) (440.3) (522.5) (351.6) (140.7) (79) (163.2) (204.1) (177.6) (323.5) (418.6) (447) (390.6) (390.6)
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 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income 171.0 166.3 174.4 157.0 150.9 154.9 146.5 145.5 135.7 102.6 155.7 162.1 177.7 191.2 169.8 119.1 99.1 101.0 108.0 118.1 116.0 88.3 95.1 93.1 54.8 103.7 111.8 111.6 116.5 119.3 117.8 111.3 106.5 100.5 93.1 85.6 84.9 83.7 80.2 71.5 68.8 42.5 40.7 37.4 34.1 32.9 32.6 32.8 34.2 30.9 30.2 26.5 32.7 27.7 13.1 16.6 31.7 28.3 27.8 27.6 25.2 24.8 24.4 24.1 24.3 22.7 22 11.5 19.4 16.7 18.9 20 15.1 14.4 14 13.5 13.1 12.5 11.9 11.3 10.6 9.6 9.5 9.2 9.1 8.2 12 10.7 7.8
Depreciation & Amortization 26.0 21.8 41.2 21.8 21.9 21.4 20.7 20.5 20.2 20.2 19.2 18.6 18.5 18.0 17.9 17.9 17.6 17.7 17.5 17.1 16.9 16.6 16.3 16.0 15.5 14.9 13.5 13.0 12.8 12.7 12.9 12.5 12.1 12.0 11.8 11.9 12.1 12.5 11.9 11.9 11.9 6.6 6.6 6.5 6.7 6.9 7.0 7.6 6.7 6.5 6.5 9.2 7.7 8.1 9.8 9.5 11.6 9.2 8.6 9.6 8.1 9.5 9.5 9.2 9.2 5 6.5 8.7 8.9 (5.8) (3.3) 8.4 6.1 6.3 15.6 1.7 1.7 19.9 0.3 0.3 0.5 0.8 0.8 2.5 1.5 17.3 (12.7) 3.8 2.8
Stock-Based Compensation 5.2 11.6 4.3 4.8 4.1 9.7 1.8 4.5 3.7 11.9 3.1 4.8 4.7 9.6 3.2 3.4 2.1 5.0 2.0 3.2 2.5 5.7 2.4 3.3 2.5 5.3 2.7 4.4 3.7 4.4 2.8 3.6 3.2 4 2.7 3.2 3.1 3.8 2.5 3.0 2.5 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 41.4 (36.6) 541.6 (57.2) (484.5) (141.2) 118.3 (59.0) 311.7 (231.0) 40.8 (51.5) (54.6) (57.5) 35.2 (198.0) 188.9 (50.5) 51.1 (36.0) 50.6 (94.9) 65.0 (185.9) 108.5 (119.5) 135.5 (13.0) (17.0) (75.1) 33.7 (124.7) 53.3 44.3 31.4 (69.4) 5.9 (22.2) 40.0 (54.5) 23.2 8.1 (4.8) (45.4) (18.0) (55.0) 64.0 1.5 (27.5) 21.6 (1.7) (3.5) 6.2 (4.0) (4.3) (4.6) (3.5) 4.6 (3.9) (1.6) (1.1) 1.3 1.4 (49.5) 48.4 (28.9) (1.8) 8.9 18.4 (5.2) 11.6 (24.5) (7.4) (9.3) (24.4) 34.6 (2.9) 35.1 (1.1) (1.6) (0.7) (2) 0.4 0.5 (2) (14.9) 21 2.2 (9.9)
Other Non-Cash Items (4.0) 15.4 (520.0) 17.0 12.8 20.0 23.4 21.4 21.5 25.1 20.5 21.5 23.9 22.9 19.8 21.8 25.6 19.3 26.0 25.4 29.5 40.5 46.3 57.4 93.7 35.3 30.8 29.5 31.3 27.2 22.6 28.1 25.3 26.9 33.3 27.4 27.9 25.1 22.5 23.0 28.1 (6.1) 16.7 (5.6) 6.9 0.4 (14.2) (16.1) 34.4 (15.9) (36.2) (18.0) 107.8 80.9 (30.6) (12.7) 10.6 (45.2) 13.2 (7.6) 28.8 34.8 (6.1) (27.0) 4.4 12.6 2.5 7.9 (3.4) 2.4 8.5 (1.4) (1.9) (1.6) (11) (20.7) 23.7 (40.4) (10.6) 29.2 8.9 (3.3) 7.3 1.1 1.1 (4.4) (55.7) 47.2 7.6
Operating Cash Flow 237.3 180.7 248.6 140.8 (296.1) 64.3 307.2 129.6 488.4 (83.0) 238.7 154.8 168.3 182.7 244.9 (37.8) 332.8 95.7 204.0 128.8 219.8 49.1 268.1 (42.0) 248.9 48.9 293.3 145.8 146.1 102.2 206.2 43.3 210.7 182.6 167.0 58.8 129.7 102.9 155.1 49.7 130.1 53.7 58.2 (7.6) 29.5 (14.8) 88.7 25.0 44.8 43.8 (3.2) 11.8 151.3 112.3 (14.7) 5.1 50.0 (2.4) 46.0 26.5 59.5 69.6 27.3 (45.3) 85 9.6 27.5 36.1 42.1 5.2 33.4 1.5 10.9 9.6 (7.4) 27.2 35.3 26.7 0.5 39.2 19.5 5.1 19 13.3 9.7 6.2 (35.4) 63.9 8.3
Investing Activities
Capital Expenditure (38.6) (42.5) 67.2 (26.3) (41.0) (37.6) (25.3) (26.6) (38.2) (40.6) (32.9) (39.1) (46.1) (46.9) (27.6) (15.6) (12.4) (28.8) (9.0) (15.2) (12.8) (13.6) (29.8) (20.3) (31.7) (38.4) (69.7) (54.6) (44.0) (22.5) (11.0) (29.0) (16.8) (10.3) (9.3) (8.2) (6.3) (21.0) (9.2) (16.1) (7.4) (5.2) (3.3) (7.2) (2.1) (4.1) (5.4) (2.7) (2.7) (1.7) (2.9) (3.4) (33.6) (1.1) (4.6) (3.8) (4.5) (10.4) (4.2) (3.9) (6.6) (7.5) (4.9) (5.1) (2.8) 3.9 (16) (2.7) (4) (4.3) (4) (5.7) (2.6) (2.7) (3.4) (3.8) (2.3) (1.7) (2.4) (1.1) (1.2) (6.1) (2.2) (5) (3.1) (4) (2.8) (3.6) (2.9)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.8) 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0
Purchases of Investments (5,627.2) (6,108.6) 2,383.8 (2,383.8) (5,903.6) (10,463.8) (3,678.9) (2,830.0) (927.2) (5,679.0) (5,844.5) (600.3) (8,148.1) (16,021.4) (2,391.0) (1,802.2) (3,387.8) (20,112.8) (3,303.9) (346.1) (455.1) (12,517.3) (4,584.8) (3,051.8) (689.3) (14,140.1) (5,260.5) (3,029.2) (1,526.3) (3,207.4) (3,530.0) (8,207.7) (3,247.4) (4,390.7) (312.9) (8,359.5) (466.0) (6,340.5) (8,565.0) (700.3) (814.0) (9,112.2) (1,013.7) (422.7) (7,498.7) (444.0) (424.5) (2,319.9) (5,457.2) (403.3) (1,106.1) (2,964.0) (3,778.7) (84.4) (5,120.5) (967.1) (406.6) (2,365.3) (788.8) (143.2) (151.4) (1,480.9) (350.6) (122.6) (218.1) (628.4) (982.2) (359.6) (353.8) (764.4) (177.6) (145.3) (221.8) (165) (98.8) (190.5) (194.4) (318.7) (198.5) (176.1) (114.2) (196.4) (105.4) (177.4) (182.5) (367.3) (766.4) 248.6 (704.2)
Sales/Maturities of Investments 4,870.4 7,145.2 (2,707.2) 2,707.2 4,261.0 10,925.3 3,946.8 2,781.5 2,152.1 6,037.9 6,419.3 835.2 7,877.7 14,545.6 1,053.5 298.1 347.2 17,304.8 2,598.6 227.5 471.6 12,731.7 4,382.2 3,271.0 1,734.5 14,123.7 5,253.2 2,970.1 1,089.8 3,007.7 3,139.1 7,955.1 3,226.8 4,016.9 1,011.3 8,339.5 707.0 5,874.1 8,148.0 89.1 1,437.3 9,238.7 1,208.0 362.5 7,228.7 656.8 300.5 2,148.6 5,376.1 227.1 827.3 2,946.1 3,781.8 174.0 4,820.3 805.4 398.7 2,278.7 959.9 78.5 155.9 1,487.2 517.9 206.5 441.2 416.8 913.5 438.9 313.9 742.7 232.1 200.1 190.6 191.5 177.7 256.6 169.5 346.4 217 206.7 161.7 280.2 129.1 108.7 141.8 354.5 847.5 (279.6) 541.3
Other Investing Activities (534.3) (443.7) 22.0 (354.7) (135.1) (718.3) (63.5) (611.1) (566.2) (430.3) (654.0) (265.2) (332.8) (205.3) (212.4) (192.5) (206.7) (503.1) 766.4 1,298.6 (405.8) 735.7 (257.1) (2,668.1) (622.5) (123.8) (175.3) (56.8) (304.9) (287.2) (114.9) (352.2) (215.8) (438.8) (196.1) (335.1) (211.9) (339.5) 1.8 (58.3) (53.1) (108.9) (197.1) (230.4) (95.5) (133.1) (41.1) (53.2) 17.6 22.8 60.0 (49.7) (23.7) (30.8) (23.2) 23.7 (74.8) (68.5) (52.3) (151.9) (112.4) (107.6) (89.4) (121.3) (119.7) (112.7) (80.7) (116.9) (102.7) (95.9) (52.1) (124.2) (41.6) (71.4) (76.8) (81.7) 17.6 (52.9) 13.8 (95.6) (62.9) (108.1) (38.1) (45.6) (31) (64.1) 12.2 (5) 184.3
Investing Cash Flow (1,329.7) 550.3 (275.2) (57.6) (1,818.6) (294.4) 179.1 (686.1) 620.5 (111.9) (112.2) (69.3) (649.3) (1,727.9) (1,577.5) (1,712.2) (3,259.7) (3,339.8) 52.0 1,164.8 (402.0) 936.6 (489.4) (2,469.2) 391.0 (178.6) (252.3) (170.5) (785.5) (509.4) (516.8) (633.9) (253.2) (823.0) 493.0 (363.4) 22.8 (826.9) (424.4) (685.6) 562.9 12.3 (6.1) (297.7) (367.7) 75.6 (170.5) (227.2) (66.2) (155.8) (221.6) (71.0) (54.2) 57.6 (328.1) (141.9) (87.2) (165.6) 114.7 (220.6) (114.5) (108.8) 73.0 (42.5) 100.6 (320.4) (165.4) (40.3) (146.6) (121.9) (1.6) (75.1) (75.4) (47.6) (1.3) (19.4) (9.6) (26.9) 29.9 (66.1) (16.6) (30.4) (16.6) (119.3) (74.8) (80.9) 90.5 (39.6) 18.5
Financing Activities
Net Debt Issuance (417.6) (50.9) 151.4 (49.0) 128.2 328.5 237.5 (185.5) (157.0) 393.2 164.8 (711.5) (417.4) 2,603.4 401.1 (169.9) (888.9) 526.1 (16.4) 320.2 (193.6) 508.3 19.3 418.4 (524.4) 494.7 (118.9) 92.4 (140.4) 283.8 106.3 (54.8) (115.6) 149.9 73.1 29.7 (83.3) 172.7 71.1 39.3 (199.6) 31.4 22.4 47.9 (49.7) 157.6 (338.0) (233.4) 34.5 132.0 404.2 36.8 52.4 12.5 (58.2) 169.3 (57.5) (4.3) (80.8) 171.1 (56.3) 75.2 (38.6) 150.3 (159) 78.1 49.7 (74.6) 36.2 (66) 18.8 57.3 (43.7) 58.2 1.5 (37.9) 40.9 (8.2) (229.4) (4.5) (25.5) 0 29.4 4 1.5 62.6 (2.1) (23.9) 3.6
Stock Repurchased (72.3) (85.4) (69.8) (0.1) (2.6) (8.6) (20.0) (30.2) (2.1) (2.2) (11.4) (28.0) (1.2) (3.4) 0 0 (1.0) (2.5) (0.1) 0 (1.3) (1.8) (0.0) 0 (164.0) (1.1) (17.2) (50) (0.5) (100.9) 0 (0.1) 0 (1.4) (100) 0 (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (65.7) (65.7) (66.4) (66.6) (63.3) (63.2) (63.0) (61.5) (61.5) (61.4) (61.2) (58.1) (58.3) (58.2) (58.0) (50.2) (50.1) (49.9) (49.8) (47.9) (48.3) (45.8) (45.0) (44.9) (47.0) (46.9) (46.7) (46.8) (44.6) (44.7) (45.1) (45.1) (38.6) (38.4) (38.4) (38.8) (36.7) (36.4) (36.1) (35.6) (35.0) (15.8) (15.7) (13.7) (13.6) (12.5) (12.5) (12.4) (12.3) (11.3) (11.3) (11.2) (11.2) (11.0) (11.0) (11.1) (11.1) (10.0) (10.1) (10.2) (9.2) (9.3) (9.3) (9.4) (8) (8) (8) (8) (6.5) (5.6) (5.6) (6.4) (4.7) (4.7) (4.8) (4.7) (3.9) (3.9) (3.9) (2.5) (2.4) (2.4) (1.7) (1.6) (1.7) 0 0 0 0
Other Financing Activities (81.7) 400.7 833.5 (704.8) (328.4) 1,009.3 1,412.8 (486.1) (1,111.2) 934.6 292.0 (1,482.4) (1,768.5) (2,601.1) 963.7 1,171.6 1,741.0 3,099.5 879.8 1,816.2 1,938.8 1,521.3 823.1 4,541.6 501.3 563.2 1,104.2 (306.9) (849.5) 805.4 353.5 (675.0) (175.4) 491.4 791.0 (509.2) 355.3 733.7 864.4 134.0 (186.5) 272.2 7.3 (102.4) 160.5 (295.6) 328.5 (154.2) 140.5 125.9 327.8 459.1 45.6 (324.1) 372.6 38.4 97.3 294.7 77.4 118.5 55.2 133.2 (73.0) (52.7) (125.1) 379.7 (75.5) (19.6) 169.6 103.9 273.5 (134.6) (98.7) 358.3 (75.8) 81 (104.2) 175.1 183.2 99.6 (84.8) (48.9) 24.8 (41.4) (28.8) 45.5 0.7 (24.7) (89.5)
Financing Cash Flow (637.2) 202.8 850.8 (820.5) (266.1) 1,266.0 1,567.3 (763.2) (1,331.7) 1,264.1 384.3 (2,279.9) (2,245.4) (59.3) 1,306.8 951.5 801.0 3,573.2 813.6 2,088.5 1,695.7 2,127.4 797.4 4,915.1 (232.5) 1,010.0 921.5 (311.4) (1,035.0) 943.5 414.7 (774.9) (329.6) 601.5 725.6 (518.3) 235.3 870.1 899.5 137.6 (421.1) 296.0 26.4 (78.5) 101.8 (178.3) (27.1) (394.4) 165.5 247.6 721.9 485.3 75.3 (332.2) 296.4 192.7 29.0 267.5 (23.1) 270.3 (21.4) 188.8 (131.1) 88.4 (290.8) 455.7 (34.6) (101.7) 198.2 32.1 274.7 (83.7) (147.1) 411.6 (78.8) 38.5 (67.1) 163 (48.8) 92.8 (112.6) 155.6 53.4 (38.2) (28.4) 108.6 (0.7) (48.1) (85.4)
Cash Position
Net Change in Cash (1,729.6) 933.8 824.1 (737.3) (2,380.8) 1,035.9 2,053.6 (1,319.7) (222.8) 1,069.2 510.7 (2,194.4) (2,726.4) (1,604.6) (25.9) (798.5) (2,125.9) 329.0 1,069.6 3,382.1 1,513.4 3,113.2 576.1 2,404.0 407.4 880.3 962.5 (336.0) (1,674.3) 536.3 104.0 (1,365.5) (372.1) (38.9) 1,385.6 (822.9) 387.7 146.1 630.2 (498.2) 271.9 362.1 78.5 (383.8) (236.3) (117.5) (109.0) (596.5) 144.1 135.6 497.1 426.1 172.4 (162.3) (46.4) 55.9 (8.2) 99.5 137.6 76.3 (76.4) 149.6 (30.7) 0.6 (105.2) 455.7 (34.6) (921.2) 93.6 32.1 0 (40.5) (924.9) 411.6 (78.8) 38.5 (633.9) 163 (48.8) 92.8 (533.4) 155.6 53.4 (38.2) (585) 108.6 (0.7) (48.1) (579.1)
Cash at Beginning 8,874.1 7,940.2 7,116.1 7,853.4 10,234.3 9,198.4 7,144.8 8,464.5 8,687.3 7,618.1 7,107.3 9,301.8 12,028.1 13,632.7 13,658.6 14,457.1 16,583 16,254.0 15,184.4 11,802.3 10,288.9 7,175.7 6,599.6 4,195.6 3,788.2 2,907.9 1,945.4 2,281.5 3,955.8 3,419.5 3,315.5 4,680.9 5,053.0 5,091.9 3,706.3 4,529.2 4,141.4 3,995.4 3,365.2 3,863.5 3,591.5 988.4 909.9 1,293.8 1,520.7 1,638.2 1,747.2 2,343.7 2,199.6 2,063.9 1,566.9 1,140.8 968.4 1,130.7 1,177.1 1,121.2 1,129.4 939.6 802.1 725.7 802.1 652.5 683.2 682.6 787.8 0 0 921.2 827.6 0 0 0 924.9 0 0 0 633.9 0 0 0 533.4 0 0 0 585 0 0 0 579.1
Cash at End 7,144.4 8,874.1 7,940.2 7,116.1 7,853.4 10,234.3 9,198.4 7,144.8 8,464.5 8,687.3 7,618.1 7,107.3 9,301.8 12,028.1 13,632.7 13,658.6 14,457.1 16,583 16,254.0 15,184.4 11,802.3 10,288.9 7,175.7 6,599.6 4,195.6 3,788.2 2,907.9 1,945.4 2,281.5 3,955.8 3,419.5 3,315.5 4,680.9 5,053.0 5,091.9 3,706.3 4,529.2 4,141.4 3,995.4 3,365.2 3,863.5 1,350.5 988.4 909.9 1,284.3 1,520.7 1,638.2 1,747.2 2,343.7 2,199.6 2,063.9 1,566.9 1,140.8 968.4 1,130.7 1,177.1 1,121.2 1,039.1 939.6 802.1 725.7 802.1 652.5 683.2 682.6 455.7 (34.6) (78.2) 921.2 32.1 232.3 (40.5) 777.8 411.6 (78.8) 38.5 566.8 163 (48.8) 92.8 420.8 155.6 53.4 (38.2) 556.6 108.6 (0.7) (48.1) 493.7
Free Cash Flow 198.7 138.2 315.8 114.5 (337.1) 26.7 281.9 103.0 450.2 (123.6) 205.8 115.8 122.2 135.8 217.2 (53.4) 320.5 66.9 195.0 113.6 207.0 35.6 238.3 (62.3) 217.2 10.5 223.6 91.2 102.1 79.7 195.2 14.3 193.9 172.3 157.7 50.6 123.3 81.9 145.9 33.6 122.8 48.5 54.9 (14.8) 27.3 (18.9) 83.2 22.4 42.1 42.2 (6.1) 8.4 117.7 111.2 (19.4) 1.3 45.5 (12.9) 41.8 22.6 52.9 62.1 22.4 (50.4) 82.2 13.5 11.5 33.4 38.1 0.9 29.4 (4.2) 8.3 6.9 (10.8) 23.4 33 25 (1.9) 38.1 18.3 (1) 16.8 8.3 6.6 2.2 (38.2) 60.3 5.4
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 574.8 745.9 745.6 719.2 709.1 723.5 721.9 707.5 696.9 692.8 667.1 645.9 640.5 610.2 508.2 404.5 357.7 355.9 345.4 354.3 339.8 340.2 334.8 332.6 478.9 373.3 375.5 370.8 378.1 368.3 356.4 343.0 334.8 324.4 309.2 300.4 295.5 298.3 279.6 271.5 288.7 272.3 273.5 264.9 267.6 265.5 262.4 252.5 241.2 242.4 234.8 231.5 236.5 236.7 229.3 225.6 228.8 226.2 234.0 226.9 225.9 224.5 226.1 225.2 223.6 242.6 225.0 225.2 223.9 236.6 244.0 236.4 245.9 254.8 265.6 257.0 259.7 241.8 237.0 229.0 217.9 203.0 188.3 178.0 171.0 163.2 155.6 151.1 148.7 145.0 148.7 145.6 153.7 151.9 166.1 173.9 181.2 173.9 169.8 158.4
Gross Profit 568.1 569.6 560.5 533.7 527.2 520.2 498.7 492.1 487.8 485.9 480.2 478.9 496.0 501.1 455.4 386.1 350.5 349.8 339.3 348.4 334.1 319.8 306.7 291.4 282.2 338.0 334.2 329.7 332.3 332.6 326.7 314.1 314.2 305.9 289.8 287.4 284.3 286.1 271.6 259.3 257.4 235.3 263.5 258.9 255.8 257.2 258.1 244.2 231.2 231.8 224.2 222.1 224.6 226.2 220.2 216.6 220.6 218.0 215.6 206.1 204.6 200.6 202.7 203.2 195.4 202.7 186.5 185.9 189.9 198.7 193.1 195.6 196.1 193.6 195.6 190.9 192.3 177.7 177.4 172.1 169.5 161.4 154.6 149.6 145.7 143.6 139.6 135.6 135.2 130.9 130.5 123.8 129.3 122.0 126.7 112.3 124.1 120.9 120.0 114.5
Operating Income 202.4 198.0 208.0 186.6 179.1 184.0 175.2 175.2 161.6 120.7 187.0 193.9 210.8 219.8 197.5 139.8 111.7 111.2 121.3 133.1 123.9 96.9 104.6 91.8 58.1 117.2 125.4 126.5 130.5 132.9 133.0 125.2 117.6 109.6 103.0 99.4 96.3 92.2 91.1 79.9 78.2 61.9 88.0 85.7 84.2 88.2 94.3 80.2 73.3 77.3 72.4 72.4 68.8 80.1 75.7 74.1 78.5 74.2 78.2 69.3 64.6 66.8 70.2 68.5 60.8 68.5 54.3 49.6 60.4 75.2 70.1 75.5 76.1 79.4 82.0 78.2 70.2 70.6 73.8 71.9 69.1 66.3 62.6 60.2 55.3 56.9 53.1 50.4 48.6 48.4 50.3 44.3 48.1 19.1 42.9 29.7 43.1 42.5 42.2 38.4
Net Income 171.0 166.3 174.4 157.0 150.9 154.9 146.5 145.5 135.7 102.6 155.7 162.1 177.7 191.2 169.8 119.1 99.1 101.0 108.0 118.1 116.0 88.3 95.1 93.1 54.8 103.7 111.8 111.6 116.5 119.3 117.8 111.3 106.5 100.5 93.1 85.6 84.9 83.7 80.2 71.5 68.8 58.2 75.8 73.1 72.2 72.7 77.6 66.5 61.2 62.6 60.4 59.7 55.2 60.2 58.7 58.1 61.0 55.4 54.5 55.7 51.9 53.1 55.0 52.9 47.8 51.5 44.7 37.9 45.0 53.0 49.0 52.5 52.8 54.7 56.5 53.6 47.3 48.4 50.0 48.5 46.7 44.9 42.5 40.7 37.4 38.3 36.0 34.1 32.9 32.6 34.2 30.2 32.7 13.1 28.7 22.5 28.3 27.8 27.6 25.2
EPS (Diluted) 2.65 2.56 2.67 2.39 2.30 2.36 2.24 2.21 2.06 1.55 2.37 2.46 2.69 2.90 2.59 1.81 1.50 1.54 1.65 1.80 1.77 1.38 1.50 1.47 0.75 1.66 1.73 1.72 1.79 1.82 1.78 1.68 1.61 1.53 1.41 1.29 1.28 1.31 1.24 1.11 1.07 0.90 1.17 1.11 1.10 1.11 1.18 1.02 0.96 0.99 0.96 0.94 0.91 0.97 0.95 0.94 0.99 0.91 0.89 0.91 0.85 0.87 0.90 0.87 0.79 0.86 0.75 0.63 0.76 0.89 0.83 0.89 0.89 0.93 0.95 0.89 0.78 0.81 0.88 0.86 0.83 0.83 0.79 0.77 0.70 0.74 0.68 0.65 0.62 0.63 0.65 0.59 0.61 0.25 0.54 0.42 0.55 0.52 0.52 0.47
Balance Sheet
Cash & Equivalents 638.8 8,864.4 7,930.6 7,104.5 7,843.7 10,218.7 9,187.7 7,058.1 8,379.9 8,602.6 7,530.4 7,010.1 9,211.9 11,820.5 13,528.9 13,553.0 14,457.1 16,541.0 16,239.9 15,175.4 11,794.3 10,288.1 7,155.2 6,550.7 3,818.9 3,431.8 2,519.9 1,475.7 1,956.7 3,320.8 2,935.6 2,985.8 4,341.2 4,893.1 5,042.3 3,582.6 4,498.9 4,122.7 3,960.5 3,298.4 3,834.3 2,636.8 2,553.5 1,716.2 710.9 1,128.1 617.1 916.5 898.9 1,070.7 1,077.4 1,248.7 1,339.8 1,050.6 869.6 979.5 886.3 824.0 690.8 666.8 611.6 767.2 645.3 683.2 682.6 787.8 643 815.4 861.7 827.6 878.8 608.5 713.3 924.9 551.3 638.9 592.6 633.9 471.1 489.6 423.7 533.4 403.1 347.2 491.5 585.1 551 496.7 520.5
Total Assets 52,724.6 53,041.4 52,533.3 51,409.4 52,004.7 52,520.3 51,008.1 48,842.7 49,505.4 50,845.0 48,747.0 48,597.2 51,245.7 52,892.4 52,945.6 51,784.9 51,296.1 50,878.5 47,860.3 46,697.7 44,046.8 42,391.3 40,101.2 39,377.6 34,147.3 34,027.4 33,098.2 31,818.9 31,664.6 32,293.0 31,223.4 30,687.2 31,459.2 31,747.9 30,990.0 30,206.3 30,524.7 30,196.3 29,602.9 28,976.2 28,400.1 17,059.9 16,761.0 16,288.0 15,784.8 15,331.2 13,166.7 9,570.4 9,989.8 9,672.1 10,029.8 9,820.6 9,536.0 8,782.4 8,111.8 7,864.5 7,819.9 7,660.4 7,354.8 7,327.9 7,019.4 6,996.7 6,769.7 6,902.4 6,714.4 6,869.6 6,409 6,425.4 5,653.8 6,045.6 5,157.5 4,924.4 4,933.2 4,888.4 4,456.6 4,549.9 4,483 4,200.2 4,002.8 4,004.7 3,724.4 3,793.7 3,644 3,575.3 3,615.8 3,639 3,508.2 3,493.6 3,537.3
Total Debt 4,644.5 4,767.7 4,818.5 4,667.0 4,716.0 4,587.7 4,259.2 4,021.6 4,207.1 4,364.0 3,970.8 3,805.9 4,517.4 4,934.7 2,331.3 1,930.2 2,100.1 2,988.9 2,462.8 2,479.1 2,158.9 2,352.4 1,844.0 1,824.7 1,406.2 1,930.5 1,435.8 1,554.6 1,462.2 1,602.5 1,318.7 1,212.3 1,267.0 1,382.6 1,232.6 1,159.5 1,129.8 1,213.1 1,040.4 969.2 929.9 824.6 874.1 1,131.3 1,279.0 1,257.1 1,293.6 785.5 835.3 677.6 1,238.2 1,209.0 1,082.5 655.1 614.3 441.5 498.9 461.7 465.9 371.8 375.7 432.0 356.8 395.4 307 404.1 325.9 276.2 188.7 299.2 198.1 81 130.4 174.1 115.9 114.4 152.3 111.4 119.5 348.9 344.7 370.2 199 169.6 168 166.5 104 106.1 129.9
Stockholders' Equity 4,530.7 4,573.0 4,460.8 4,200.3 4,114.2 3,898.6 4,135.2 3,665.8 3,638.2 3,716.4 2,999.8 3,386.7 3,467.8 3,137.2 2,812.5 3,347.0 3,776.3 4,439.6 4,372.4 4,373.8 4,267.9 4,293.0 4,085.0 4,008.8 3,826.7 3,911.7 3,881.5 3,741.3 3,593.6 3,368.9 3,308.2 3,309.5 3,243.4 3,297.9 3,189.0 3,223.9 3,097.4 3,002.5 3,161.8 3,136.7 2,992.2 2,040.9 1,949.2 1,894.4 1,797.0 1,803.3 1,386.7 742.3 779.7 770.0 749.8 718.3 703.8 686.6 632.7 612.4 592.5 573.0 547.2 524.6 511.1 509.3 517.4 510 523.8 512.9 505.8 483.3 417.9 462.9 396.6 396.5 383.7 378.9 361.4 347.9 347.2 341.5 330.2 321.7 309.9 295.4 288.8 281.4 277 273.5 257 244.2 233
Cash Flow
Operating Cash Flow 237.3 180.7 248.6 140.8 (296.1) 64.3 307.2 129.6 488.4 (83.0) 238.7 154.8 168.3 182.7 244.9 (37.8) 332.8 95.7 204.0 128.8 219.8 49.1 268.1 (42.0) 248.9 48.9 293.3 145.8 146.1 102.2 206.2 43.3 210.7 182.6 167.0 58.8 129.7 102.9 155.1 49.7 130.1 53.7 58.2 (7.6) 29.5 (14.8) 88.7 25.0 44.8 43.8 (3.2) 11.8 151.3 112.3 (14.7) 5.1 50.0 (2.4) 46.0 26.5 59.5 69.6 27.3 (45.3) 85 9.6 27.5 36.1 42.1 5.2 33.4 1.5 10.9 9.6 (7.4) 27.2 35.3 26.7 0.5 39.2 19.5 5.1 19 13.3 9.7 6.2 (35.4) 63.9 8.3
Capital Expenditure (38.6) (42.5) 67.2 (26.3) (41.0) (37.6) (25.3) (26.6) (38.2) (40.6) (32.9) (39.1) (46.1) (46.9) (27.6) (15.6) (12.4) (28.8) (9.0) (15.2) (12.8) (13.6) (29.8) (20.3) (31.7) (38.4) (69.7) (54.6) (44.0) (22.5) (11.0) (29.0) (16.8) (10.3) (9.3) (8.2) (6.3) (21.0) (9.2) (16.1) (7.4) (5.2) (3.3) (7.2) (2.1) (4.1) (5.4) (2.7) (2.7) (1.7) (2.9) (3.4) (33.6) (1.1) (4.6) (3.8) (4.5) (10.4) (4.2) (3.9) (6.6) (7.5) (4.9) (5.1) (2.8) 3.9 (16) (2.7) (4) (4.3) (4) (5.7) (2.6) (2.7) (3.4) (3.8) (2.3) (1.7) (2.4) (1.1) (1.2) (6.1) (2.2) (5) (3.1) (4) (2.8) (3.6) (2.9)
Free Cash Flow 198.7 138.2 315.8 114.5 (337.1) 26.7 281.9 103.0 450.2 (123.6) 205.8 115.8 122.2 135.8 217.2 (53.4) 320.5 66.9 195.0 113.6 207.0 35.6 238.3 (62.3) 217.2 10.5 223.6 91.2 102.1 79.7 195.2 14.3 193.9 172.3 157.7 50.6 123.3 81.9 145.9 33.6 122.8 48.5 54.9 (14.8) 27.3 (18.9) 83.2 22.4 42.1 42.2 (6.1) 8.4 117.7 111.2 (19.4) 1.3 45.5 (12.9) 41.8 22.6 52.9 62.1 22.4 (50.4) 82.2 13.5 11.5 33.4 38.1 0.9 29.4 (4.2) 8.3 6.9 (10.8) 23.4 33 25 (1.9) 38.1 18.3 (1) 16.8 8.3 6.6 2.2 (38.2) 60.3 5.4