Churchill Downs Incorporated logo CHDN - Churchill Downs Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 23
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $144.84 DETAILS
HIGH: $167.00
LOW: $60.75
MEDIAN: $155.00
CONSENSUS: $144.84
UPSIDE: 70.16%
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 663 665.9 683 934.4 642.6 624.2 628.5 890.7 590.9 561.2 572.5 768.5 559.5 480.1 383.1 582.5 364.1 364.8 393 515.1 324.3 278.2 337.8 185.1 252.9 280.6 306.3 477.4 265.4 219 221.3 379.4 189.3 178.9 314.8 451.9 279.5 278.3 303.4 438.5 288.4 272.4 279.8 409.2 250.9 168.3 173.7 303.7 167.3 162.4 185.6 283.8 148.1 158.5 164.9 270.8 138.2 149.3 166.3 249.7 131.6 174.0 135.7 200.5 75.0 85.0 100.9 180.0 73.7 85.9 99.6 179.3 65.7 89.1 103.9 169.9 47.8 52.0 106.3 175.0 45.0 81.8 112.0 163.2 56.3 116.1 119.7 191.1 37.7 92.4 180.5 110.0 172.6 110.8 163.3 31.7 100.9 103.5 131.9 25.6
Cost of Revenue 460 469.2 478.7 542.3 453.1 444.5 442.9 502.7 405.7 400.2 408.5 469.8 387.5 348.8 280.5 343.2 270.9 281.4 287.3 335.1 247.3 226 249 162.9 222.6 244.2 243.2 290.3 209 178.3 173.7 217.6 149.8 145.1 244.4 284.8 227 225.1 238.6 284.2 245.1 223.4 220.1 263.3 216.8 153.7 144.8 190.8 144.7 145.1 154.3 179.6 127.9 136.6 138.8 173.6 119.8 128.9 140.1 163.9 104.4 159.8 117.2 137.3 77.9 81.5 85.3 116.9 62.9 78.1 83.3 114.7 68.2 78.6 86.3 108.6 52.9 45.6 91.7 115.9 51.9 78.3 96.7 110.4 65.4 102.9 101.3 133.6 47.5 83.6 123.4 89.7 122.7 92.4 114.8 39.3 82.0 75.9 85.5 26.9
Gross Profit 203 196.7 204.3 392.1 189.5 179.7 185.6 388 185.2 161 164 298.7 172 131.3 102.6 239.3 93.2 83.4 105.7 180 77 52.2 88.8 22.2 30.3 36.4 63.1 187.1 56.4 40.7 47.6 161.8 39.5 33.8 70.4 167.1 52.5 53.2 64.8 154.3 43.3 49.0 59.6 146.0 34.1 14.6 28.8 112.8 22.6 17.3 31.4 104.2 20.2 21.9 26.1 97.2 18.4 20.4 26.2 85.8 27.1 14.2 18.6 63.2 (2.9) 3.6 15.6 63.1 10.9 7.8 16.3 64.6 (2.5) 10.4 17.6 61.4 (5.1) 6.4 14.6 59.1 (6.8) 3.5 15.3 52.9 (9.1) 13.1 18.3 57.5 (9.8) 8.8 57.1 20.3 49.9 18.4 48.5 (7.5) 18.9 27.6 46.4 (1.3)
Operating Expenses
R&D Expenses 0 0 0 0 0 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9.4 0 0 0 8.8 0 0 0 0.4 0 0 0.9 17.5 9.7 9.9 10.3 9.7 8.8 9.7 10.8 9.4 9.9 9.8 10.2 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 0 0 0 0 0 0 0
SG&A Expenses 59 71.5 59.3 60.9 54.5 0 59.8 57.4 54.8 51.7 50.2 48.1 52.3 51.5 38.4 38.4 35.9 38.8 36.1 33.4 30.2 0 38.8 0 0 0 34.4 30.1 24.9 27.3 21.7 23.1 18.4 24.4 26.8 26.7 24.1 24.9 27.6 24.6 23.1 22.5 24.6 22.0 21.6 24.5 20.5 18.7 21.5 22.6 21.2 22.1 17.6 19.3 18.2 20.1 16.2 14.1 16.1 18.3 16.0 18.5 15.3 16.0 13.4 13.4 13.1 12.0 12.4 13.0 12.0 13.5 12.2 15.6 13.0 13.1 9.8 9.7 11.5 11.9 10.5 11.0 9.3 12.5 14.1 16.5 13.2 10.1 9.1 8.6 8.8 9.9 8.9 8.8 8.0 7.9 7.4 7.4 6.8 6.2
Other Expenses 0 0 47 3.5 0.4 39.9 (0.1) 0.6 4.1 3.1 1.5 25 0 0 0 0 0 0 0 0 0.1 20.1 0 22.6 41.9 24.1 0.2 0 0 0.2 0.1 0 0.1 0.6 0 0.2 0.4 0 (0.2) 0.4 (0.5) 0.4 (0.2) 0.0 (0.2) 0.1 0.1 0 (0.0) 0.2 0 0 0.0 0.2 0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 104.9 7.4 0 0 0 0 0 0 0 5.8 0 80.3 104.0 0 0 0 0 0 0 6.2 0 0 0 0 4.5 0 0 0 0 4.6 4.4 4.2 4.1
Operating Expenses 59 71.5 106.3 64.4 54.9 52.9 59.8 58 58.9 54.8 51.7 73.1 52.3 51.5 38.4 38.4 35.9 38.8 36.1 33.4 30.2 29.5 38.8 22.6 41.9 32.9 34.4 30.1 24.9 27.3 21.7 23.1 18.4 24.4 36.7 36.8 34.8 34.7 36.9 35.8 34.3 32.3 47.3 31.9 31.8 24.5 20.5 18.7 21.5 22.6 21.2 22.1 17.6 19.3 18.2 15.1 14.7 14.1 16.1 18.3 16.0 18.5 15.3 16.0 13.4 13.4 13.1 128.9 19.9 13.0 12.0 13.5 (5.0) 15.6 13.0 13.1 9.0 3.4 9.6 2.3 10.5 11.0 9.3 12.5 14.1 10.3 19.5 10.1 9.1 8.6 8.8 14.4 8.9 8.8 8.0 7.9 12.1 11.8 11.0 10.3
Operating Income
Operating Income 144 125.2 98 327.7 134.6 126.8 125.9 330 126.3 106.2 112.3 225.6 119.9 79.8 64.2 200.9 57.3 44.6 69.6 146.6 46.7 22.7 50 (0.4) (11.6) 3.5 27.8 156.4 28 12 20.5 136.6 19.7 (12.8) 33 129.5 17.5 43.7 26.8 117.4 6.3 12.4 9.5 105.9 (4.1) (13.7) 8.4 94.2 1.6 (5.3) 10.2 82.1 3.0 3.0 7.8 82.2 3.7 6.3 10.1 67.5 11.1 (4.3) 3.3 47.2 (16.2) (9.9) 2.5 51.1 (9.0) (5.2) 4.3 51.1 2.6 (5.2) 4.6 48.3 (14.1) 3.0 5.0 56.8 (17.3) (7.5) 6.1 40.4 (23.3) 2.8 (1.1) 47.4 18.8 0.2 48.3 5.9 41.1 9.6 40.4 (15.5) 6.8 15.8 35.5 (11.5)
Interest Expense 72 75.6 75.6 74.2 72.3 72.8 73.1 73.5 70.4 70.6 67.9 65.2 64.7 54.7 36.2 35.1 21.3 21.6 21.7 22 19.4 20.7 19.7 20.3 19.3 18.9 18.9 19.4 13.7 10.9 9.9 9.7 9.6 13.3 12.6 11.6 11.8 10.9 11.1 11.1 10.6 7.3 6.7 7.1 7.5 5.7 5.2 5.0 5.0 2.1 1.4 1.3 1.5 1.5 0.9 1.0 1.2 1.4 1.6 3.5 2.5 1.9 1.6 1.4 1.3 0.9 0.2 0.2 0.3 0 0.4 0.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.2 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.4 0.3 0.1 0 0.1 0.2 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
Profitability
EBITDA 202 220.1 194.9 425.6 229 154.4 210.2 418.3 220.5 191.1 193.1 307.5 313.7 95.8 137.1 541.1 106.3 101.6 136.9 200.4 97.9 39.7 100.3 21.9 28.2 17.1 65.2 187.8 52.3 35.2 42.6 154 34.9 (30.2) 69.7 166.5 52.5 80.8 63.2 153.3 40.3 46.9 41.7 138.5 32.8 6.8 28.0 109.5 16.4 (7.6) 26.0 97.6 17.9 17.6 21.3 95.3 17.4 19.8 23.2 85.0 11.2 8.0 17.1 60.4 (4.9) (1.7) 10.1 58.9 (0.8) 2.2 11.2 57.7 9.7 1.4 4.6 48.3 (9.1) 8.2 8.5 63.4 (11.1) (1.9) 9.9 47.9 (12.0) 8.6 7.1 43.4 (5.4) 5.4 53.4 10.9 41.1 14.9 45.4 (10.3) 11.4 20.2 39.7 (7.4)
EBIT 144 158.9 136.8 366.2 168.2 114 159.2 367.8 172.2 142.5 149.7 264.4 273.6 51.6 109.6 515 79.9 75.3 109.4 171.9 71.7 22.7 76.7 (0.2) 6.2 3.8 42.1 166.3 31.5 17.4 25.9 138.7 21.1 (50.1) 36 131.3 14.6 48.1 31.5 122.6 13.3 15.5 11.6 108.8 4.7 (13.1) 9.6 97.1 3.8 (7.4) 13.8 82.6 2.9 2.8 7.9 81.7 3.6 5.9 29.7 71.1 (2.7) (4.1) 4.7 48.4 (14.9) (9.6) 2.6 51.4 (8.2) (5.2) 4.1 50.6 2.6 (5.2) 4.6 48.3 (14.1) 3.0 3.4 58.2 (16.4) (7.5) 4.6 40.3 (18.0) 2.8 1.7 37.9 (18.8) 0.2 48.3 5.9 41.1 9.6 40.4 (15.4) 6.8 15.8 35.5 (11.5)
Income Before Tax 113 83.3 61.2 292 95.9 91 86.1 294.3 101.8 71.9 81.8 199.2 208.9 (3.1) 73.4 479.9 58.6 53.7 87.7 149.9 52.3 16.7 57 (31.5) (34.2) 7.9 23.2 146.9 18.4 6.5 74.7 136 16.7 (43.4) 28.3 125.8 11.8 37.2 20.4 111.5 (1) 8.2 5.0 101.7 (2.8) (18.8) 4.4 92.1 (1.1) (9.7) 12.3 81.3 1.4 1.3 7.1 80.7 2.3 4.5 28.1 67.7 (5.2) (6.0) 3.1 45.9 (16.6) (10.5) 2.4 51.2 (8.5) (5.6) 3.7 50.3 1.4 (8.7) 2.9 49.0 13.8 3.0 4.8 56.7 (16.9) (7.1) 6.9 40.4 (25.1) (2.3) (2.2) 46.8 (19.8) (0.7) 47.1 3.7 38.4 6.9 37.1 (18.7) 3.9 12.3 31.4 (15.0)
Income Tax Expense 30 31.8 22 74.4 18.7 18.7 19.9 84.1 21.4 14.3 20.8 56.2 53.2 (4.1) 16.4 140.6 16.5 10.4 26.3 41.6 16.2 0.3 13.9 (7.9) (11.6) 3.7 8 38.6 6.5 (0.8) 16.7 32.8 2.6 (77.8) 11.6 47.5 4.5 10.4 11.7 41.7 (3.8) 0.7 0.8 46.7 (1.3) (5.0) 0.8 34.8 (0.4) (4.1) 3.2 31.0 0.3 (1.1) 1.1 32.1 1.0 0.2 8.4 27.7 (2.0) (1.7) (0.6) 18.3 (8.2) (3.6) 3.6 20.3 (3.5) (2.1) 1.4 20.9 0.6 (3.6) 1.7 19.5 (5.3) (0.4) 2.1 23.3 (6.7) (3.2) 3.0 17.7 (11.2) 0.9 1.6 19.4 (8.0) (0.4) 19.0 1.8 15.3 2.9 15.2 (7.8) 1.6 5.0 13.0 (6.2)
Net Income 81 49.8 37.9 216.9 76.7 71.7 64.4 209.3 80.4 57.6 61 143 155.7 1 57 339.3 42.1 43.3 61.4 108.3 36.1 17.1 43.2 (118.8) (23.4) 4 14.8 107.1 11.6 11.4 56.3 103.1 182 38.2 16.7 78.3 7.3 26.8 8.7 69.8 2.8 7.5 4.2 55.1 (1.6) (13.8) 3.5 57.3 (0.7) (5.7) 9.2 50.3 1.1 2.4 6.0 48.6 1.4 7.6 19.8 40.1 (3.2) (1.9) (0.7) 27.6 (8.7) (6.9) (2.3) 30.9 (4.8) (4.1) 2.5 29.4 0.7 (6.2) 0.8 29.3 (8.2) (2.0) 8.7 33.4 (10.3) (3.0) 71.6 24.2 (13.9) (3.0) (3.8) 22.9 (11.7) (0.4) 28.0 2.0 23.1 4.0 21.9 (11.0) 2.3 7.3 18.3 (8.8)
Per Share Data
EPS (Basic) 1.16 0.71 0.54 3.03 1.02 0.95 0.87 2.82 1.09 0.77 0.81 1.90 2.07 0.01 0.75 4.45 0.55 0.56 0.80 1.40 0.47 0.22 0.55 -1.50 -0.30 0.05 0.19 1.33 0.14 0.14 0.70 1.27 2.10 0.42 0.18 0.81 0.07 0.27 0.09 0.69 0.03 0.07 0.04 0.52 -0.01 -0.14 0.04 0.54 -0.01 -0.05 0.09 0.48 0.01 0.02 0.06 0.47 0.01 0.07 0.20 0.40 -0.03 -0.02 -0.01 0.31 -0.11 -0.08 -0.03 0.37 -0.06 -0.05 0.03 0.35 0.01 -0.08 0.01 0.35 -0.10 -0.03 0.11 0.41 -0.13 -0.04 0.89 0.30 -0.18 -0.04 -0.05 0.35 -0.15 -0.00 0.36 0.01 0.29 0.04 0.28 -0.14 0.01 0.12 0.31 -0.15
EPS (Diluted) 1.16 0.71 0.53 3.00 1.02 0.95 0.86 2.79 1.08 0.76 0.79 1.86 2.04 0.01 0.74 4.40 0.54 0.56 0.79 1.38 0.46 0.22 0.54 -1.50 -0.29 0.05 0.18 1.32 0.14 0.14 0.69 1.26 2.09 0.41 0.18 0.80 0.07 0.27 0.09 0.69 0.03 0.07 0.04 0.52 -0.01 -0.13 0.03 0.54 -0.01 -0.05 0.09 0.47 0.01 0.02 0.06 0.46 0.01 0.07 0.20 0.40 -0.03 -0.02 -0.01 0.31 -0.11 -0.08 -0.03 0.37 -0.06 -0.05 0.03 0.35 0.01 -0.07 0.01 0.35 -0.10 -0.02 0.11 0.41 -0.13 -0.04 0.88 0.30 -0.18 -0.04 -0.05 0.34 -0.15 -0.00 0.35 0.01 0.29 0.04 0.28 -0.14 0.01 0.11 0.31 -0.15
Shares Outstanding 70 71.4 70.3 71.7 73.7 73.9 73.9 73.9 74.1 75.1 75.2 75.3 75.2 75.2 75.6 76.2 76.6 76.6 77.2 77.4 78 79.2 79 79 78.9 81.2 80 80.2 80.8 81.2 81.4 81.4 86.4 91.8 91.8 96.6 97.8 97.8 98.4 99 99 103.1 103.8 103.8 103.8 100.1 102.1 105.2 104.5 104.2 104.0 103.6 103.3 103.0 102.8 101.9 101.4 101.3 101.1 98.7 98.1 98.1 97.9 86.6 81.7 81.6 81.5 81.4 81.4 81.4 81.3 81.2 81.1 81.1 81.1 80.6 80.2 79.7 78.9 78.7 78.4 78.0 77.5 77.3 77.3 80.2 79.9 79.7 79.5 88.3 79.0 92.2 78.7 52.3 78.5 78.3 79.1 63.9 59.1 59.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 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 Q2 1994 Q1 1993 Q3 1993 Q2
Current Assets
Cash & Cash Equivalents 200 288.5 180.5 182.4 174.2 175.5 152.7 140.3 149.4 144.5 129.9 374 173.9 129.8 110.6 310.2 294.5 291.3 315.7 342.2 147.7 67.4 622 649.2 700.9 96.2 189.8 202.7 119.7 133.3 131.3 254.6 202.7 51.7 57.8 41.8 54.9 48.7 56.9 55.1 51.1 24.3 17.4 13.6 14.8 16.8 15.6 39.6 14.9 16.4 27.2 11.1 14.7 15.6 15.8 22.5 8.1 10.8 11.4 21.9 8.6 29.1 27.9 21.9 12.6 6.4 8.1 8 11.8 9.3 11 16.2 7.1 8.2 9.5 14 7.3 5.9 3.6 10.3 4.3 2.5 14.8 4.3 10.1 12.7
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 0 0 0 0 0 0 0 0 0 0 0 0 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 99 110.5 89.7 118.4 108.6 113.2 93.2 136.1 115 119.5 108.1 79.5 74 95.5 69.4 65.4 105.8 108.3 105.3 89.5 114.7 85.9 93.7 84.3 61.7 51.8 36.8 72.8 64.2 45.8 33.8 37.3 34.6 85.2 74 70.6 66.8 51.6 50.8 61.5 52.2 28.5 16.7 33.4 36.7 22.7 36.6 49.7 19.0 36.7 45.7 17.4 34.4 24.7 33.0 43.1 15.1 32.5 35.1 23.0 12.6 24.3 14.8 14.7 8.4 12 10.9 14.4 5.9 7.1 11.6 12.5 3.9 5.2 3.2 5.6 1 2.1 1.2 4.3 1 2.3 3.5 1.2 4.4 0.3
Inventory 0 0 0 12.6 11.6 11.6 0 0 0 17.2 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 0 0 0 0 0 0 0 0 0 0 0 0.5 0 0 0 0 0 0 0 0.5 0 0 0 0 0 0 0 0
Other Current Assets 153 44.2 144.7 106.3 100.9 81.9 141.5 159.6 151.6 86.2 132.6 129.7 129.6 119.2 1,626.3 1,629.3 120 101.9 107.1 100.9 84.4 81.8 90.9 84.2 80.4 73.2 75.3 73 75.5 62.4 65.2 62.2 57.5 119.2 103 96.4 91.6 122.9 93.5 93 88.1 89.7 62.1 57.5 34.2 27.6 29.0 9.6 20.8 5.4 22.8 20.0 11.4 11.7 14.4 23.8 5.4 11.9 13.9 34.2 9.9 2.7 3.2 1.7 3.3 1 0.6 0.4 1.8 0 0.6 0.6 2.1 0.7 0.3 0.2 1.8 0 0.8 0.6 2.2 0.7 0.3 2.5 0.8 0.4
Total Current Assets 452 443.2 414.9 464 452.4 412.3 387.4 436 416 400.8 370.6 583.2 377.5 344.5 1,806.3 2,004.9 520.3 501.5 528.1 532.6 346.8 235.1 806.6 817.7 843 221.2 301.9 348.5 259.4 241.5 230.3 354.1 294.8 256.1 234.8 208.8 213.3 246 201.2 209.6 198 142.4 104.0 104.6 86.7 87.3 81.2 98.9 54.7 62.6 95.7 48.5 60.5 52.0 63.1 89.4 36.3 55.3 60.4 79.1 31.0 56.1 45.9 38.3 24.3 19.4 19.6 22.8 19.5 16.9 23.2 29.3 13.1 14.1 13 19.8 10.1 8.5 5.6 15.2 7.5 5.5 18.6 8 15.3 13.4
Non-Current Assets
Property, Plant & Equipment 2,910 314.5 2,925.5 2,917.4 2,907.3 2,874.9 2,805.5 2,752.4 2,668.5 2,561.2 2,383.6 2,229.9 2,095.4 1,978.3 1,240.9 1,130.1 1,035.8 994.9 1,053.4 1,057.6 1,068.7 1,082.1 1,081.8 1,043.2 990.8 937.3 895.2 880 866.5 757.5 753.4 668.5 634.9 608 619.4 602.8 590.7 574.4 573.3 577.9 573.2 471.3 463.5 458.2 372.5 372.7 355.6 403.2 387.7 367.2 347.7 343.9 338.4 341.1 341.9 343.4 342.6 342.8 339.6 276.3 276.7 274.9 275.6 133.5 85.8 83.1 83.9 84.7 63.1 63.2 63.8 63.6 62.9 62.9 63.6 63.7 64 64.3 64 63.4 61.5 59.6 46.2 40.9 39.5 39.9
Goodwill 900 900.2 900.2 900.2 900.2 900.2 900.2 900.2 900.2 899.9 899.9 722.9 724.1 723.8 375.7 366.8 366.8 366.8 366.8 366.8 366.8 366.8 366.8 366.8 367.1 367.1 363.8 363.8 363.8 338 337.8 317.6 317.6 317.6 848.3 847.2 832.2 832.2 841.7 841.7 841.7 183.4 115.3 115.3 115.3 115.3 107.0 0 0 0 0 52.2 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
Intangible Assets 2,516 2,515.3 2,517.8 2,406 2,406.3 2,409 2,411.7 2,414.4 2,415 2,418.4 2,417.3 2,364.9 2,390.6 2,391.8 485 352.8 351.9 348.1 349.3 348.2 349.4 350.6 351.8 350.8 351.1 369.8 355.8 354.7 345 264 264.8 166.5 167.8 169.4 438.7 442.9 443.5 452 463.6 475.5 482.7 56.8 32.4 34.3 32.1 32.4 39.9 59.4 59.6 59.7 59.6 7.4 59.7 59.8 62.1 62.7 63.3 63.8 64.3 61.2 61.8 62.3 61.9 62.3 11.4 8.4 0 0 0 1.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 685 684.6 674.9 668.8 663.1 661.2 650.2 648.8 647.8 655.9 660.1 644.8 651.9 659.4 661 658.7 655.5 663.6 655.1 644.6 633.7 630.6 634 615.4 630 634.5 625 621.8 625.7 108.1 107.9 176.8 173.4 171.3 173.9 168 164.7 139.1 131.4 130.4 129.8 0 (6.4) 0 (5.9) (5.9) (6.3) (3.3) (4.3) 0 (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
Other Non-Current Assets 22 2,626.7 21.5 19.3 17.8 18.3 17.5 18.3 19.3 19.3 19 32.9 34 109 105.2 106.3 106.6 106.7 20.8 20.8 21.7 21.2 22 22.1 21.8 21.1 20.8 19.7 18.1 16.1 17.5 13.1 12.5 837 12.3 12.3 11.7 833.2 13.5 13 12.9 12.9 13.3 12.9 10.5 15.2 15.6 15.5 16.2 16.9 12.0 10.7 10.6 11.3 9.7 9.3 8.5 8.1 7.4 7.0 7.2 4.7 6.2 8.8 5.5 3.8 13.9 13.9 5.7 3.8 5.8 3.7 3.6 3.7 3.8 4.1 4.6 4.7 4.9 5 5 5.1 6.3 5.2 2.2 2.1
Total Non-Current Assets 7,033 7,041.3 7,039.9 6,911.7 6,894.7 6,863.6 6,785.1 6,734.1 6,650.8 6,554.7 6,379.9 5,995.4 5,896 5,862.3 2,867.8 2,614.7 2,516.6 2,480.1 2,445.4 2,438 2,440.3 2,451.3 2,456.4 2,398.3 2,360.8 2,329.8 2,260.6 2,240 2,219.1 1,483.7 1,481.4 1,342.5 1,306.2 2,103.3 2,092.6 2,073.2 2,042.8 2,008.4 2,023.5 2,038.5 2,040.3 730.6 624.5 620.8 530.5 535.7 518.1 478.1 463.5 442.9 419.2 414.3 408.7 412.3 413.6 415.4 414.5 414.7 411.3 344.5 345.8 341.9 343.7 204.6 102.7 95.3 97.8 98.6 68.8 68.9 69.6 67.3 66.5 66.6 67.4 67.8 68.6 69 68.9 68.4 66.5 64.7 52.5 46.1 41.7 42
Total Assets 7,485 7,484.5 7,454.8 7,375.7 7,347.1 7,275.9 7,172.5 7,170.1 7,066.8 6,955.5 6,750.5 6,578.6 6,273.5 6,206.8 4,674.1 4,619.6 3,036.9 2,981.6 2,973.5 2,970.6 2,787.1 2,686.4 3,263 3,216 3,203.8 2,551 2,562.5 2,588.5 2,478.5 1,725.2 1,711.7 1,696.6 1,601 2,359.4 2,327.4 2,282 2,256.1 2,254.4 2,224.7 2,248.1 2,238.3 873.0 728.5 725.4 617.2 623.0 599.3 577.0 518.1 505.5 514.9 462.8 469.2 464.3 476.8 504.8 450.8 470.0 471.7 423.7 376.8 398 389.6 242.9 127 114.7 117.4 121.4 88.3 85.8 92.8 96.6 79.6 80.7 80.4 87.6 78.7 77.5 74.5 83.6 74 70.2 71.1 54.1 57 55.4
Current Liabilities
Account Payables 218 184.3 194 231 207.1 180.3 182.4 215 187.8 158.5 169 164.2 145.3 145.5 109.1 139.1 96.9 81.6 92.4 124.5 74.7 70.7 108.2 105.8 80.6 57.8 75.8 107.2 72.1 47 60.1 79 59.8 54.1 61.6 87.3 56.1 49.5 53.9 74.4 57.5 61.7 36.2 35.0 53.5 36.3 31.4 76.0 38.5 35.1 64.4 27.3 31.2 34.6 44.8 73.5 22.0 34.9 34.6 34.0 14.7 14.8 14.7 14.7 11.3 6.5 10.2 11.4 10 5.7 10.5 12.6 10.3 7.6 13 0.1 8.7 6.5 7.4 13.5 7.2 4.6 10.2 3.4 3.3 2.1
Short-Term Debt 63 71.5 63.1 63.1 63.1 63.1 63.1 68 68 68 68 68 72 47 7 7 7 7 7 7 7 4 4 4 4 4 4 4 4 4 4 4 4 4 17.7 16.5 15.3 14.2 13 11.8 10.6 0 24.0 27.8 0 0 0 146.1 5.3 5.7 0.5 0.5 0.5 0.5 2.3 2.5 2.5 2.3 2.3 2.9 0.5 0.6 0.5 0.5 0.6 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 12.2 5.1 0.1 0.4 0.4 9.3 0.7 0.7 0.7 0.3 0.4
Deferred Revenue 158 0 27.8 17.5 146.8 52.9 26.8 19.2 153.3 73.2 30.5 25.8 120.8 39 14.5 12.1 104 47.7 25.7 23.1 52.5 32.8 42.4 89.8 98.1 42.5 45.2 44.7 127.5 47.9 42.5 45.1 120.2 94.9 123.5 116.1 186.9 89.3 119.5 125.9 188.8 54.2 74.1 54.9 7.5 43.1 10.4 4.5 31.1 18.1 7.7 28.6 14.9 3.1 4.4 4.1 20.6 11.4 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
Other Current Liabilities 397 446.8 412.3 171 157.7 151.2 185.4 202.4 183.5 149.9 171.6 168.1 159.7 163.8 134.5 179.6 155 122.2 137.4 134.6 118.4 234.5 253.1 241.7 112.9 104.6 0 0 0 83.9 0 0 0 188.2 62.2 61.9 61.7 207.6 62.7 62 61.6 0 0 0 0 0 15.2 7.1 0 6.6 8.5 0 7.3 0.5 11.4 6.5 0 7.6 45.2 47.2 32.8 39.9 25.7 28 20.8 20.6 16.7 18.8 18.7 19.1 16.5 15.7 15 17.1 7.9 11.3 14.1 12.3 4.6 8.4 11 10.4 9.5 10.8 10 7.3
Total Current Liabilities 836 733.3 725.2 772.1 846.1 729.3 710.1 763.2 837.2 755.8 669.9 648 694.4 621.6 491.7 528.4 432.2 395 352.5 369.5 305.2 424.2 471 488.2 344.1 301.2 275.8 308.8 297.7 256.6 210.9 274.1 289.4 453.2 412.3 441.2 421.9 468.1 391 431.6 420.4 194.4 186.4 185.0 125.1 129.9 95.0 131.5 112.0 104.4 116.9 84.0 85.7 72.8 95.3 121.5 71.1 86.8 82.0 84.0 48.1 55.3 40.9 43.2 32.7 27.2 27 30.3 28.8 24.9 27.1 28.4 25.4 24.8 21 23.6 27.9 18.9 12.4 22.3 27.5 15.7 20.4 14.9 13.6 9.8
Non-Current Liabilities
Long-Term Debt 4,865 5,067.1 5,043.1 4,942.2 4,813.9 4,844.1 4,770.6 4,791.3 4,858.9 4,768.3 4,654.8 4,551.4 4,350.7 4,558.7 3,173.8 3,154.3 1,959.9 1,961 1,962 1,963.1 1,964.3 1,618.3 2,163.6 2,163.9 2,157.9 1,469.9 1,470.2 1,470.5 1,470.8 880.3 881.1 881.7 882.6 1,125.2 1,106.3 1,055.2 953 907.5 907.2 913.9 976.6 113.5 80.3 85.8 14.4 32 55.0 0 136.9 121.1 119.8 127.6 122.8 123.9 134.1 143.0 160.8 155.7 157.2 166.7 175.1 180.9 186.1 103.3 21.2 13.5 9.5 8.7 2.6 2.6 2.8 2.8 2.8 2.9 2.9 6.2 0.3 6.4 7.1 4.2 1.2 8 1.2 1.2 0.5 0.5
Deferred Tax Liabilities 539 519.9 490.8 436.2 432.8 432.7 417.8 407.9 393.1 388.2 386.1 373.2 374 340.8 279.6 273.3 263.1 252.9 255.9 250.5 248.8 213.9 205.4 188 210.9 212.8 209.8 199.9 194 78.2 66.4 48.6 43.8 40.6 140.2 145.3 150.3 153.1 133.5 126 127.8 0 10.5 11.8 19.5 19.5 13.4 13.3 13.3 13.3 13.1 14.8 13.1 15.1 14.8 15.1 14.0 15.2 15.6 15.6 15.5 15.5 15.9 16 7 6.9 8 8 2.4 2.4 2.3 2.3 2.3 2.3 2.4 2.4 2.4 2.4 2.2 2.2 2.2 2.2 2.7 1.5 1.6 1.5
Other Non-Current Liabilities 101 34.6 98.1 142.7 141.2 146.5 139 140.6 138.9 137.8 141.5 142.7 138.4 122.4 104.4 49.8 50.6 52.6 51 55.7 48.2 45.8 36.6 38.1 38.6 39.4 38.9 38.8 38.1 15.7 17.5 17.9 16.6 70.8 19.2 18.3 17.5 106.2 48.7 48.1 50.9 20.5 19.4 19.1 19.6 19.0 41.7 13.6 12.5 11.7 14.1 13.0 12.6 13.7 13.3 12.5 14.3 9.8 10.3 9.7 8.7 8.2 6.8 4.5 3.9 1.9 3.2 4.1 2.7 2.5 3.6 4.4 3.2 2.9 3.7 0.9 3.5 3.1 3.6 3.6 2.6 2.2 1.4 1.6 2.3 2.3
Total Non-Current Liabilities 5,505 5,695.4 5,650.5 5,539.5 5,407.9 5,443.3 5,347.5 5,359.9 5,402.7 5,306.1 5,191.9 5,076.8 4,874.9 5,033.7 3,569.7 3,488.3 2,286.9 2,279.8 2,282.2 2,283.7 2,279.7 1,895.1 2,419.8 2,405.1 2,424.1 1,738.8 1,736.3 1,726.4 1,723.9 995.3 986.1 969.3 968 1,265.9 1,288.8 1,239.5 1,145.3 1,101.3 1,138.3 1,136.7 1,198.5 164.4 141.7 133.4 70.5 103.2 124.2 173.0 162.6 146.1 147.0 155.5 148.6 152.8 162.1 170.6 189.0 180.7 183.0 192.0 199.3 204.6 208.8 123.8 32.1 22.3 20.7 20.8 7.7 7.5 8.7 9.5 8.3 8.1 9 9.5 6.2 11.9 12.9 10 6 12.4 5.3 4.3 4.4 4.3
Total Liabilities 6,341 6,428.7 6,375.7 6,311.6 6,254 6,172.6 6,057.6 6,123.1 6,239.9 6,061.9 5,861.8 5,724.8 5,569.3 5,655.3 4,061.4 4,016.7 2,719.1 2,674.8 2,634.7 2,653.2 2,584.9 2,319.3 2,890.8 2,893.3 2,768.2 2,040 2,012.1 2,035.2 2,021.6 1,251.9 1,197 1,243.4 1,257.4 1,719.1 1,701.1 1,680.7 1,567.2 1,569.4 1,529.3 1,568.3 1,618.9 358.8 328.0 318.4 195.6 233.1 219.3 304.5 274.7 250.5 263.9 239.5 234.2 225.5 257.4 292.2 260.1 267.5 265.1 276.0 247.4 259.9 249.7 167 64.8 49.5 47.7 51.1 36.5 32.4 35.8 37.9 33.7 32.9 30 33.1 34.1 30.8 25.3 32.3 33.5 28.1 25.7 19.2 18 14.1
Stockholders' Equity
Common Stock 3 0 0 0 0 0 1.7 0 0 0 0 8 4.7 0 0 0 0 0 0 8.8 1.7 18.2 15.5 6.1 0 0 0 2.9 0 0 11.5 6 0 7.3 0 0 113.2 116.5 130.7 123.8 133.4 233.6 147.5 0 144.0 143.2 137.3 129.8 129.5 128.6 126.7 126.3 126.0 125.6 124.8 124.5 124.5 123.2 123.1 71.6 71.6 71.6 71.6 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 1,094 1,010.7 1,035.9 1,042.6 1,072.7 1,084.6 1,096.3 1,031.9 827.8 894.5 889.6 846.7 700.4 552.4 613.6 603.8 318.7 307.7 339.7 309.5 201.4 349.8 357.6 314.9 433.9 509.2 551.3 551.3 457.8 474.2 504.1 448.1 344.5 634.3 627.3 602.8 577 569.7 565.1 556.4 486.6 280.5 252.9 261.6 277.6 246.7 242.8 142.4 115.0 126.8 125.8 97.7 109.2 113.8 97.3 90.3 68.4 79.3 83.5 76.2 57.9 66.7 68.4 67.3 (0.1) 56.6 61.1 61.8 48.3 49.8 53.5 55.3 42.5 44.4 46.9 51 41.4 43.5 45.9 48.1 37.4 39.2 43.2 32.7 37 39.2
Accumulated Other Comprehensive Income (1) (1) (1) (1) (1) (1) (1) (1) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (1.3) (1) (1.5) (1.3) (1.2) (0.4) (0.4) (0.6) 0 0 0 0 0 0 0.2 (1.1) (0.4) (1.5) (0.8) (0.3) (0.7) (2.7) (2.1) (2.2) (0.1) (0.1) (0.1) (0.2) (0.2) (0.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 1,096 1,009.7 1,034.9 1,041.6 1,071.7 1,083.6 1,097 1,030.9 826.9 893.6 888.7 853.8 704.2 551.5 612.7 602.9 317.8 306.8 338.8 317.4 202.2 367.1 372.2 320.1 433 508.3 550.4 553.3 456.9 473.3 514.7 453.2 343.6 640.3 626.3 601.3 688.9 685 695.4 679.8 619.4 514.2 400.4 407.0 421.6 389.9 380.0 272.5 243.5 255.0 251.0 223.3 235.0 238.7 219.4 212.6 190.6 202.5 206.6 147.7 129.4 138.1 139.9 75.9 62.2 65.2 69.7 70.3 51.8 53.4 57 58.7 45.9 47.8 50.2 54.3 44.6 46.7 49 51.1 40.4 42 45.4 34.9 39 41.3
Total Liabilities & Equity 7,485 7,484.5 7,454.8 7,375.7 7,347.1 7,275.9 7,172.5 7,170.1 7,066.8 6,955.5 6,750.5 6,578.6 6,273.5 6,206.8 4,674.1 4,619.6 3,036.9 2,981.6 2,973.5 2,970.6 2,787.1 2,686.4 3,263 3,216 3,203.8 2,551 2,562.5 2,588.5 2,478.5 1,725.2 1,711.7 1,696.6 1,601 2,359.4 2,327.4 2,282 2,256.1 2,254.4 2,224.7 2,248.1 2,238.3 873.0 728.5 725.4 617.2 623.0 599.3 577.0 518.1 505.5 514.9 462.8 469.2 464.3 476.8 504.8 450.8 470.0 471.7 423.7 376.8 398 389.6 242.9 127 114.7 117.4 121.4 88.3 85.8 92.8 96.6 79.6 80.7 80.4 87.6 78.7 77.5 74.5 83.6 74 70.2 71.1 54.1 57 55.4
Debt Metrics
Total Debt 4,928 5,197 5,106.2 5,014.1 4,885.6 4,915.9 4,833.7 4,859.3 4,926.9 4,844.1 4,722.8 4,619.4 4,422.7 4,605.7 3,180.8 3,161.3 1,966.9 1,968 1,969 1,970.1 1,971.3 1,622.3 2,167.6 2,167.9 2,161.9 1,473.9 1,474.2 1,474.5 1,474.8 884.3 885.1 885.7 886.6 1,129.2 1,124 1,071.7 968.3 921.7 920.2 925.7 987.2 128.4 119.0 113.6 14.4 46.3 69.2 146.1 142.2 126.8 120.3 128.2 123.3 124.4 136.4 145.5 163.3 158.0 159.5 169.6 175.6 181.5 186.6 103.8 21.8 13.6 9.6 8.8 2.7 2.7 2.9 2.9 2.9 3 3 18.4 5.4 6.5 7.5 4.6 10.5 8.7 1.9 1.9 0.8 0.9
Net Debt 4,728 4,908.5 4,925.7 4,831.7 4,711.4 4,740.4 4,681 4,719 4,777.5 4,699.6 4,592.9 4,245.4 4,248.8 4,475.9 3,070.2 2,851.1 1,672.4 1,676.7 1,653.3 1,627.9 1,823.6 1,554.9 1,545.6 1,518.7 1,461 1,377.7 1,284.4 1,271.8 1,355.1 751 753.8 631.1 683.9 1,077.5 1,066.2 1,029.9 913.4 876.4 863.3 870.6 936.1 104.1 101.7 99.9 (0.4) 29.5 53.6 106.5 127.2 108.8 93.1 117.1 108.7 108.8 120.7 123.0 155.2 147.2 148.1 147.6 167.0 152.4 158.7 81.9 9.2 7.2 1.5 0.8 (9.1) (6.6) (8.1) (13.3) (4.2) (5.2) (6.5) 4.4 (1.9) 0.6 3.9 (5.7) 6.2 6.2 (12.9) (2.4) (9.3) (11.8)
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 Q2 1994 Q1 1993 Q3
Operating Activities
Net Income 83 51.5 39.2 217.6 77.2 74 66.2 210.2 80.4 57.6 61 143 155.7 1 57 339.3 42.1 43.3 61.4 108.3 36.1 17.1 43.1 (118.8) (23.5) 3.7 14.8 107.1 11.6 11.4 56.3 103.1 182 38.2 16.7 78.3 7.3 26.8 8.7 69.8 2.8 71.6 24.2 (13.9) 27.4 (11.7) (0.3) 7.9 28.0 (11.5) 2.0 7.9 23.1 (12.0) 4.0 7.1 21.9 2.3 7.3 18.3 (8.8) 3.2 1.1 13.7 (3) (0.8) (0.7) 13.6 (1.6) 0 (1.8) 12.7 (1.8) (0.1) (1.6) 11.9 (2.1) (0.5) (2.2) 10.7 (1.8) 10.5 (2.2) (2.2)
Depreciation & Amortization 58 61.2 58.1 59.4 60.8 54.9 51 50.5 48.3 48.6 43.4 43.1 40.1 36.4 28.7 27.5 26.4 26.3 27.5 28.5 26.2 27.7 23.6 23.4 23.2 36.7 22 21.5 20.8 17.8 16.7 15.3 14.2 27.8 28.8 29.1 28.9 32.7 31.7 30.7 30.7 4.9 7.8 6.2 5.5 5.4 5.2 5.1 5.1 5.1 5.0 5.0 4.7 5.0 5.3 5.2 5.0 4.6 4.4 4.2 4.1 3.6 3.2 2.6 1.9 1.7 1.5 1.3 1.2 1.3 1.1 1.1 1.1 1.4 1.1 1.2 1.1 1 1.3 1.1 1.1 0.7 0.9 0.6
Stock-Based Compensation 5 12 7.4 7.2 3.6 12.9 7.1 8.9 7.2 8.1 8.1 8.1 8.6 8.3 9.1 7.4 7 7.4 7.8 7.1 5.5 6.4 6.9 6.1 4.3 6.2 5.5 7.4 4.7 4.6 3.9 6.5 6.1 9.6 5.8 6.8 4.9 4.6 4.9 5.3 4.1 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 0 0 0 0 0 0 0
Change in Working Capital 128 104.5 (14.6) (46.5) 104.5 (13.9) 28.3 (69.5) 105 (1.5) (33.7) (41.1) 84 (78.1) (57.9) 136.6 35.3 (0.5) (36.7) 82.3 32.4 (59.5) (12.7) 130.1 18.4 (18) (6.3) 5.6 24.5 16 (62.6) (20.7) 76.5 (18.6) (40.3) (15.6) 37.3 (34.5) (23.8) (6.5) 45.1 31.1 (4.5) 17.3 12.9 16.1 (5.0) (10.0) 0.7 16.7 (6.6) (24.0) 6.8 14.3 (3.8) (7.1) 10.6 0.3 (9.4) (0.0) 0.0 2 0.7 2.3 8.7 (5.6) 0 (7.6) 7.7 (2.1) (1.7) (3.2) 3.2 (1.7) (0.9) (0.9) 5.9 5.6 (7) 1.5 5.4 6.3 (1.1) (0.6)
Other Non-Cash Items 2 (161.9) 43 (1.6) 0.4 (12.2) 6.9 3.1 8.9 (8.4) 4.5 34.9 (105.7) 62.7 0.5 (275.4) 14.2 (5) (8.7) 2.2 (125.7) 4.4 (17.9) 15.5 23 (8.7) 0.9 (3.3) 2.3 0.8 (59) (2.6) (225) 49 1 1.2 (2) (27.2) 1.5 1.5 (16.3) (111.8) (0.1) (0.2) 0 (8.0) 0 0 0 0 4.5 0 7.7 0 (0.5) 0 0 (0.2) 0.2 0.0 0.2 0 0.2 (0.3) 0.2 (0.1) (0.9) 1.1 0 (0.1) 0.5 0.2 0 (0.7) 0.4 0 0.1 (1.3) 0.3 1.6 (0.3) (1.1) (1.2) 0
Operating Cash Flow 295 96 187.7 239.6 246.5 130.6 169.4 218 254.7 106.5 96.2 187.2 215.9 112.3 43.7 245.6 135.2 68.5 56.7 230.1 (19.8) 4.6 60.4 33.4 43.5 29.4 45.9 144 70.3 62.4 (26.9) 106.4 55.9 54 (6.9) 96.5 74.6 37.8 22.2 100.2 66.6 (4.2) 27.3 9.4 45.8 9.7 (0.2) 3.0 33.9 10.3 4.9 (11.2) 42.3 (0.6) 4.1 5.2 37.5 6.4 2.6 22.6 (4.4) 8.4 5.2 18.3 7.8 (4.8) (0.1) 8.4 7.3 (0.9) (1.9) 10.8 2.5 (1.1) (1) 12.2 5 4.8 (7.6) 14.9 4.4 16.4 (3.6) (2.2)
Investing Activities
Capital Expenditure (59) (80.1) 80.1 (84.7) (80.1) (129.4) (125.6) (137) (155) (178.4) (185.7) (177.7) (134.7) (159.8) (129.9) (111.6) (55.5) (39.7) (22.5) (17.3) (12.3) (24.1) (78.8) (83) (48.3) (50.2) (32.2) (52.8) (28.1) (23.9) (53.1) (38.4) (34) (25.5) (27.4) (26.5) (37.5) (10.6) (9.6) (20.6) (16.4) (7.7) (14.0) (18.9) (27.5) (20.3) (15.4) (6.4) (10.4) (8.7) (6.7) (7.3) (3.6) (5.1) (2.0) (3.1) (5.2) (5.6) (3.3) (8.2) (5.3) (2.2) (144.5) (88.2) (5.5) (0.8) (0.6) (18.3) (1.1) (0.6) (1.2) (1.7) (1.1) (0.3) (0.9) (0.7) (0.7) (1) (1.7) (3) (2.9) (5.9) (2.4) (0.2)
Acquisitions 0 0 (185.3) 0 0 0 0 0 0 0 0 0 0 (2,557.8) (115) 0 0 0 0 0 0 0 0 0 0 (34.5) 0 (1.1) (581.1) (970.7) 13.1 0 970.7 (1.1) 0 (23.1) (24) (8) 0.4 (1.4) 1.4 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
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 (55.8) 0 0 (1.4) 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
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 1.8 0 0 1.4 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 Investing Activities (2) (50.1) (70) (1.3) (80.1) 0 (0.1) 0.3 1.6 9.9 (244.8) 4.2 189.2 (279.1) 33.3 279 (7.3) (5.5) (2.2) (0.9) 0 (2.5) (2.2) (0.5) 0 (5.9) (4.5) 19.1 (9.9) 969.8 (3.5) (5.9) 970.7 (2.4) 0.1 3.7 10.1 68.1 (1.4) (2.5) 0 248.3 0.0 (18.9) 0 0 (0.9) 0 0 0 0 0 (8.8) 0 4.5 0 (9.5) 0 0 5.0 0 0 0 0 0 0 0 0 0 (0.1) (2.2) 0 0 0 0 0 0 (0.5) 0 0 0 (0.1) (0.8) (0.2)
Investing Cash Flow (61) (50.1) (255.3) (86) (80.1) (129.4) (125.7) (136.7) (153.4) (168.5) (430.5) (173.5) 54.5 (2,996.7) (211.6) 167.4 (62.8) (45.2) (24.7) (18.2) (12.3) (26.6) (81) (83.5) (48.3) (90.6) (36.7) (34.8) (619.1) (24.8) (43.5) (44.3) 936.7 (29) (27.3) (45.9) (51.4) (4.5) (10.6) (20.6) (15) 240.6 (14.0) (18.9) (27.5) (20.3) (16.3) (6.4) (10.4) (8.7) (6.7) (7.3) (3.6) (5.1) 2.5 (3.1) (5.2) (5.6) (3.3) (3.2) (5.3) (2.2) (144.5) (88.2) (5.5) (0.8) (0.6) (18.3) (1.1) (0.7) (3.4) (1.7) (1.1) (0.3) (0.9) (0.7) (0.7) (1.5) (1.7) (3) (2.9) (6) (3.2) (0.4)
Financing Activities
Net Debt Issuance (198) 21.7 102.3 116.9 (27.1) 68.4 (36.3) (58.5) 80.2 112 119.4 203.9 (196.2) 1,457.4 19.4 1,198.3 (4.8) 1.2 (9.1) 5 342.3 (532.5) (1.1) 5.3 687.4 (1) (1) (1) 599 (1) (55.6) (1.1) (243) 13.2 52 103 46.4 1.2 (5.8) (61.8) 205.1 (221.7) (6.9) 2.7 6.1 13.1 (83.0) (6.8) (7.8) 1.0 (1.0) 7.2 (26.1) 9.9 0 (9.1) (17.8) (1.4) (10.1) (6.0) (5.9) (2.2) 79.9 81.9 6.1 4 0.9 0 0 (0.1) 0 0.1 (0.2) 0.1 (0.1) (2.4) (1) (1.1) 2.6 (6) 2.2 0 0 0
Stock Repurchased (3) (32) (54.9) (254.5) (86.4) (27.3) (4) (13) (141.7) (20.1) (35.3) (1.9) (0.5) (31.4) (59) (60.2) (24.3) (55.1) (48.5) 0 (193.9) 0 0 0 (28.4) (28.2) (21.3) (19) (34.1) (32.3) 0 (0.3) (514.4) (9.8) (0.1) (172.4) (8.6) (19) (2.4) (16.8) (0.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.7) 0 0 0 0 0 0 0 0 0
Dividends Paid (31) (0.6) 0 (0.1) (30.1) (0.5) 0.1 (0.2) (28.6) (0.3) (0.1) 0 (26.7) (0.3) 0 0 (25.7) 0 0 0 (24.8) 0 0 0 (23.4) 0 0 0 (22.2) (0.2) 0 (0.2) (23.7) (0.3) 0 0 (21.8) (162.4) 0 0 (19.1) 0 0 (6.4) 0 (6.6) 0 0 0 (6.6) 0 0 (6.5) (6.5) 0 0 (6.5) 0 0 0 (4.9) 0 0 0 (3.8) 0 0 0 (3.7) 0 0 0 (2.4) 0 0 0 (1.9) 0 0 0 (1.9) 0 0 0
Other Financing Activities 0 (15) 3.1 (1.5) (4.3) (20.5) (3) (0.7) (11) (1) 2.4 (12) (14.3) (29.8) 1.2 (11.6) (13.2) (0.1) 0.5 (1.2) (16.8) (4.1) 2.3 (0.7) (28.8) (0.9) 1.5 (1.1) (17.4) (0.7) 1.4 0.1 (62.7) (31.5) (2.3) 5.2 (33) (24.1) (0.9) 2.8 (260.3) 0 0 0 0 0 97.0 (0.1) 0.1 0 1.7 (0.0) 0.0 0 (6.7) 0 0 0 0.2 0 0 (3) 65.5 (2.7) 1.6 (0.3) 0 6.1 0 0 0.1 (0.1) 0.1 (0.1) 0.1 (2.3) 0 0 0 0 0 0 0 (0.1)
Financing Cash Flow (232) (25.9) 50.5 (139.2) (147.9) 20.1 (43.2) (72.4) (101.1) 90.6 86.4 190 (237.7) 1,395.9 (38.4) 1,126.5 (68) (54) (57.1) 3.8 106.8 (536.6) 1.2 4.6 606.8 (30.1) (20.9) (21.1) 532.9 (34.2) (54.2) (1.1) (843.8) (27.8) 49.6 (64.3) (17) (41.9) (9.1) (75.8) (75.1) (219.7) (6.9) (3.1) 6.4 7.4 15.4 (6.3) (7.4) (5.2) 1.1 7.7 (26.1) 3.8 (6.7) (8.8) (17.8) (1.3) (9.9) (6.0) (10.8) (5.2) 145.4 79.2 3.9 3.7 0.9 6.1 (3.7) (0.1) 0.1 0 (2.5) 0 (2.6) (4.7) (2.9) (1.1) 2.6 (6) 0.3 0 0 (0.1)
Cash Position
Net Change in Cash 2 20 (17.1) 14.4 18.5 21.3 0.5 8.9 0.2 28.6 (247.9) 203.7 32.7 (1,488.5) (206.3) 1,539.5 4.4 (30.7) (25.1) 215.7 74.7 (558.6) (19.4) (45.5) 602 (91.3) (11.7) 88.1 (15.9) 3.2 (124.6) 60.5 148.7 (3.5) 16 (13.1) 6.2 (8.2) 1.8 4 (23.4) 16.8 6.4 (12.6) 24.7 (3.1) (1.1) (9.7) 16.1 (3.6) (0.9) (10.8) 12.6 (1.9) (0.0) (6.8) 14.4 (0.6) (10.6) 13.4 (20.5) 1.2 27.9 9.3 (6.4) (1.9) 0.2 (3.8) (9.3) (1.7) (5.2) 9.1 (8.2) (1.4) (4.5) 6.8 (5.9) 2.2 (6.7) 5.9 (2.5) 10.4 (6.8) (2.7)
Cash at Beginning 289 268.5 285.6 271.2 252.7 231.4 230.9 222 221.8 193.2 441.1 237.4 204.7 1,693.2 1,899.5 360 355.6 386.3 411.4 195.7 121 679.6 699 744.5 142.5 233.8 245.5 157.4 173.3 170.1 294.7 234.2 85.5 57.8 41.8 54.9 48.7 56.9 55.1 51.1 74.5 21.5 15.1 27.7 14.9 18.1 17.5 27.2 11.1 14.7 15.6 26.4 13.8 15.7 15.8 22.5 8.1 11.4 21.9 8.6 29.1 27.9 0 0 6.4 0 0 0 9.3 0 0 0 8.2 0 0 0 5.9 0 0 0 2.5 0 11.1 0
Cash at End 291 288.5 268.5 285.6 271.2 252.7 231.4 230.9 222 221.8 193.2 441.1 237.4 204.7 1,693.2 1,899.5 360 355.6 386.3 411.4 195.7 121 679.6 699 744.5 142.5 233.8 245.5 157.4 173.3 170.1 294.7 234.2 54.3 57.8 41.8 54.9 48.7 56.9 55.1 51.1 38.2 21.5 15.1 39.6 14.9 16.4 17.5 27.2 11.1 14.7 15.6 26.4 13.8 15.7 15.8 22.5 10.8 11.4 21.9 8.6 29.1 27.9 9.3 0 (1.9) 0.2 (3.8) 0 (1.7) (5.2) 9.1 0 (1.4) (4.5) 6.8 0 2.2 (6.7) 5.9 0 10.4 4.3 (2.7)
Free Cash Flow 236 15.9 267.8 154.9 166.4 1.2 43.8 81 99.7 (71.9) (89.5) 9.5 81.2 (47.5) (86.2) 134 79.7 28.8 34.2 212.8 (32.1) (19.5) (18.4) (49.6) (4.8) (20.8) 13.7 91.2 42.2 38.5 (80) 68 21.9 28.5 (34.3) 70 37.1 27.2 12.6 79.6 50.2 (11.8) 13.3 (9.5) 18.3 (10.6) (15.6) (3.4) 23.5 1.6 (1.8) (18.5) 38.7 (5.7) 2.1 2.0 32.3 0.8 (0.7) 14.4 (9.7) 6.2 (139.3) (69.9) 2.3 (5.6) (0.7) (9.9) 6.2 (1.5) (3.1) 9.1 1.4 (1.4) (1.9) 11.5 4.3 3.8 (9.3) 11.9 1.5 10.5 (6) (2.4)
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 663 665.9 683 934.4 642.6 624.2 628.5 890.7 590.9 561.2 572.5 768.5 559.5 480.1 383.1 582.5 364.1 364.8 393 515.1 324.3 278.2 337.8 185.1 252.9 280.6 306.3 477.4 265.4 219 221.3 379.4 189.3 178.9 314.8 451.9 279.5 278.3 303.4 438.5 288.4 272.4 279.8 409.2 250.9 168.3 173.7 303.7 167.3 162.4 185.6 283.8 148.1 158.5 164.9 270.8 138.2 149.3 166.3 249.7 131.6 174.0 135.7 200.5 75.0 85.0 100.9 180.0 73.7 85.9 99.6 179.3 65.7 89.1 103.9 169.9 47.8 52.0 106.3 175.0 45.0 81.8 112.0 163.2 56.3 116.1 119.7 191.1 37.7 92.4 180.5 110.0 172.6 110.8 163.3 31.7 100.9 103.5 131.9 25.6
Gross Profit 203 196.7 204.3 392.1 189.5 179.7 185.6 388 185.2 161 164 298.7 172 131.3 102.6 239.3 93.2 83.4 105.7 180 77 52.2 88.8 22.2 30.3 36.4 63.1 187.1 56.4 40.7 47.6 161.8 39.5 33.8 70.4 167.1 52.5 53.2 64.8 154.3 43.3 49.0 59.6 146.0 34.1 14.6 28.8 112.8 22.6 17.3 31.4 104.2 20.2 21.9 26.1 97.2 18.4 20.4 26.2 85.8 27.1 14.2 18.6 63.2 (2.9) 3.6 15.6 63.1 10.9 7.8 16.3 64.6 (2.5) 10.4 17.6 61.4 (5.1) 6.4 14.6 59.1 (6.8) 3.5 15.3 52.9 (9.1) 13.1 18.3 57.5 (9.8) 8.8 57.1 20.3 49.9 18.4 48.5 (7.5) 18.9 27.6 46.4 (1.3)
Operating Income 144 125.2 98 327.7 134.6 126.8 125.9 330 126.3 106.2 112.3 225.6 119.9 79.8 64.2 200.9 57.3 44.6 69.6 146.6 46.7 22.7 50 (0.4) (11.6) 3.5 27.8 156.4 28 12 20.5 136.6 19.7 (12.8) 33 129.5 17.5 43.7 26.8 117.4 6.3 12.4 9.5 105.9 (4.1) (13.7) 8.4 94.2 1.6 (5.3) 10.2 82.1 3.0 3.0 7.8 82.2 3.7 6.3 10.1 67.5 11.1 (4.3) 3.3 47.2 (16.2) (9.9) 2.5 51.1 (9.0) (5.2) 4.3 51.1 2.6 (5.2) 4.6 48.3 (14.1) 3.0 5.0 56.8 (17.3) (7.5) 6.1 40.4 (23.3) 2.8 (1.1) 47.4 18.8 0.2 48.3 5.9 41.1 9.6 40.4 (15.5) 6.8 15.8 35.5 (11.5)
Net Income 81 49.8 37.9 216.9 76.7 71.7 64.4 209.3 80.4 57.6 61 143 155.7 1 57 339.3 42.1 43.3 61.4 108.3 36.1 17.1 43.2 (118.8) (23.4) 4 14.8 107.1 11.6 11.4 56.3 103.1 182 38.2 16.7 78.3 7.3 26.8 8.7 69.8 2.8 7.5 4.2 55.1 (1.6) (13.8) 3.5 57.3 (0.7) (5.7) 9.2 50.3 1.1 2.4 6.0 48.6 1.4 7.6 19.8 40.1 (3.2) (1.9) (0.7) 27.6 (8.7) (6.9) (2.3) 30.9 (4.8) (4.1) 2.5 29.4 0.7 (6.2) 0.8 29.3 (8.2) (2.0) 8.7 33.4 (10.3) (3.0) 71.6 24.2 (13.9) (3.0) (3.8) 22.9 (11.7) (0.4) 28.0 2.0 23.1 4.0 21.9 (11.0) 2.3 7.3 18.3 (8.8)
EPS (Diluted) 1.16 0.71 0.53 3.00 1.02 0.95 0.86 2.79 1.08 0.76 0.79 1.86 2.04 0.01 0.74 4.40 0.54 0.56 0.79 1.38 0.46 0.22 0.54 -1.50 -0.29 0.05 0.18 1.32 0.14 0.14 0.69 1.26 2.09 0.41 0.18 0.80 0.07 0.27 0.09 0.69 0.03 0.07 0.04 0.52 -0.01 -0.13 0.03 0.54 -0.01 -0.05 0.09 0.47 0.01 0.02 0.06 0.46 0.01 0.07 0.20 0.40 -0.03 -0.02 -0.01 0.31 -0.11 -0.08 -0.03 0.37 -0.06 -0.05 0.03 0.35 0.01 -0.07 0.01 0.35 -0.10 -0.02 0.11 0.41 -0.13 -0.04 0.88 0.30 -0.18 -0.04 -0.05 0.34 -0.15 -0.00 0.35 0.01 0.29 0.04 0.28 -0.14 0.01 0.11 0.31 -0.15
Balance Sheet
Cash & Equivalents 200 288.5 180.5 182.4 174.2 175.5 152.7 140.3 149.4 144.5 129.9 374 173.9 129.8 110.6 310.2 294.5 291.3 315.7 342.2 147.7 67.4 622 649.2 700.9 96.2 189.8 202.7 119.7 133.3 131.3 254.6 202.7 51.7 57.8 41.8 54.9 48.7 56.9 55.1 51.1 24.3 17.4 13.6 14.8 16.8 15.6 39.6 14.9 16.4 27.2 11.1 14.7 15.6 15.8 22.5 8.1 10.8 11.4 21.9 8.6 29.1 27.9 21.9 12.6 6.4 8.1 8 11.8 9.3 11 16.2 7.1 8.2 9.5 14 7.3 5.9 3.6 10.3 4.3 2.5 14.8 4.3 10.1 12.7
Total Assets 7,485 7,484.5 7,454.8 7,375.7 7,347.1 7,275.9 7,172.5 7,170.1 7,066.8 6,955.5 6,750.5 6,578.6 6,273.5 6,206.8 4,674.1 4,619.6 3,036.9 2,981.6 2,973.5 2,970.6 2,787.1 2,686.4 3,263 3,216 3,203.8 2,551 2,562.5 2,588.5 2,478.5 1,725.2 1,711.7 1,696.6 1,601 2,359.4 2,327.4 2,282 2,256.1 2,254.4 2,224.7 2,248.1 2,238.3 873.0 728.5 725.4 617.2 623.0 599.3 577.0 518.1 505.5 514.9 462.8 469.2 464.3 476.8 504.8 450.8 470.0 471.7 423.7 376.8 398 389.6 242.9 127 114.7 117.4 121.4 88.3 85.8 92.8 96.6 79.6 80.7 80.4 87.6 78.7 77.5 74.5 83.6 74 70.2 71.1 54.1 57 55.4
Total Debt 4,928 5,197 5,106.2 5,014.1 4,885.6 4,915.9 4,833.7 4,859.3 4,926.9 4,844.1 4,722.8 4,619.4 4,422.7 4,605.7 3,180.8 3,161.3 1,966.9 1,968 1,969 1,970.1 1,971.3 1,622.3 2,167.6 2,167.9 2,161.9 1,473.9 1,474.2 1,474.5 1,474.8 884.3 885.1 885.7 886.6 1,129.2 1,124 1,071.7 968.3 921.7 920.2 925.7 987.2 128.4 119.0 113.6 14.4 46.3 69.2 146.1 142.2 126.8 120.3 128.2 123.3 124.4 136.4 145.5 163.3 158.0 159.5 169.6 175.6 181.5 186.6 103.8 21.8 13.6 9.6 8.8 2.7 2.7 2.9 2.9 2.9 3 3 18.4 5.4 6.5 7.5 4.6 10.5 8.7 1.9 1.9 0.8 0.9
Stockholders' Equity 1,096 1,009.7 1,034.9 1,041.6 1,071.7 1,083.6 1,097 1,030.9 826.9 893.6 888.7 853.8 704.2 551.5 612.7 602.9 317.8 306.8 338.8 317.4 202.2 367.1 372.2 320.1 433 508.3 550.4 553.3 456.9 473.3 514.7 453.2 343.6 640.3 626.3 601.3 688.9 685 695.4 679.8 619.4 514.2 400.4 407.0 421.6 389.9 380.0 272.5 243.5 255.0 251.0 223.3 235.0 238.7 219.4 212.6 190.6 202.5 206.6 147.7 129.4 138.1 139.9 75.9 62.2 65.2 69.7 70.3 51.8 53.4 57 58.7 45.9 47.8 50.2 54.3 44.6 46.7 49 51.1 40.4 42 45.4 34.9 39 41.3
Cash Flow
Operating Cash Flow 295 96 187.7 239.6 246.5 130.6 169.4 218 254.7 106.5 96.2 187.2 215.9 112.3 43.7 245.6 135.2 68.5 56.7 230.1 (19.8) 4.6 60.4 33.4 43.5 29.4 45.9 144 70.3 62.4 (26.9) 106.4 55.9 54 (6.9) 96.5 74.6 37.8 22.2 100.2 66.6 (4.2) 27.3 9.4 45.8 9.7 (0.2) 3.0 33.9 10.3 4.9 (11.2) 42.3 (0.6) 4.1 5.2 37.5 6.4 2.6 22.6 (4.4) 8.4 5.2 18.3 7.8 (4.8) (0.1) 8.4 7.3 (0.9) (1.9) 10.8 2.5 (1.1) (1) 12.2 5 4.8 (7.6) 14.9 4.4 16.4 (3.6) (2.2)
Capital Expenditure (59) (80.1) 80.1 (84.7) (80.1) (129.4) (125.6) (137) (155) (178.4) (185.7) (177.7) (134.7) (159.8) (129.9) (111.6) (55.5) (39.7) (22.5) (17.3) (12.3) (24.1) (78.8) (83) (48.3) (50.2) (32.2) (52.8) (28.1) (23.9) (53.1) (38.4) (34) (25.5) (27.4) (26.5) (37.5) (10.6) (9.6) (20.6) (16.4) (7.7) (14.0) (18.9) (27.5) (20.3) (15.4) (6.4) (10.4) (8.7) (6.7) (7.3) (3.6) (5.1) (2.0) (3.1) (5.2) (5.6) (3.3) (8.2) (5.3) (2.2) (144.5) (88.2) (5.5) (0.8) (0.6) (18.3) (1.1) (0.6) (1.2) (1.7) (1.1) (0.3) (0.9) (0.7) (0.7) (1) (1.7) (3) (2.9) (5.9) (2.4) (0.2)
Free Cash Flow 236 15.9 267.8 154.9 166.4 1.2 43.8 81 99.7 (71.9) (89.5) 9.5 81.2 (47.5) (86.2) 134 79.7 28.8 34.2 212.8 (32.1) (19.5) (18.4) (49.6) (4.8) (20.8) 13.7 91.2 42.2 38.5 (80) 68 21.9 28.5 (34.3) 70 37.1 27.2 12.6 79.6 50.2 (11.8) 13.3 (9.5) 18.3 (10.6) (15.6) (3.4) 23.5 1.6 (1.8) (18.5) 38.7 (5.7) 2.1 2.0 32.3 0.8 (0.7) 14.4 (9.7) 6.2 (139.3) (69.9) 2.3 (5.6) (0.7) (9.9) 6.2 (1.5) (3.1) 9.1 1.4 (1.4) (1.9) 11.5 4.3 3.8 (9.3) 11.9 1.5 10.5 (6) (2.4)