Comerica Incorporated logo CMA - Comerica Incorporated

Inactive Ticker CMA is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 15
HOLD 35
SELL 11
STRONG
SELL 1
| PRICE TARGET: $103.00 DETAILS
HIGH: $114.00
LOW: $89.00
MEDIAN: $106.00
CONSENSUS: $103.00
UPSIDE: 16.16%
Annual Quarterly
Metric 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 1999 Q4
Revenue
Revenue 1,205 1,210 1,205 1,178 1,217 1,259 1,262 1,255 1,247 1,398 1,377 1,231 1,154 1,028 845 713 763 769 763 729 754 736 758 846 919 967 977 948 954 909 898 834 863 854 805 767 751 752 741 716 728 708 701 685 664 649 659 640 660 667 665 659 660 657 681 683 663 664 633 641 658 642 670 670 673 826 850 786 890 975 979 1,100 1,171 1,182 1,158 1,104 1,135 1,088 1,050 967 1,026 934 874 817 794 764 773 763 780 853 940 927 970.3 1,077 1,110.4 1,064.6 1,193.0 1,152.6 1,126.2 924.7
Cost of Revenue 369 394 400 369 413 462 438 485 477 516 486 271 167 71 26 2 (12) (28) (121) (166) 3 31 178 507 123 160 168 91 106 76 31 53 50 57 46 42 64 46 77 173 84 52 70 36 26 27 36 34 35 35 42 46 48 55 54 57 47 75 85 88 95 174 180 236 339 437 462 382 495 434 465 546 562 494 460 422 437 406 372 266 224 177 174 148 104 107 117 163 180 245 255 307 287.9 385 500.2 470.9 488.6 469.6 454.7 366.6
Gross Profit 836 816 805 809 804 797 824 770 770 882 891 960 987 957 819 711 775 797 884 895 751 705 580 339 796 807 809 857 848 833 867 781 813 797 759 725 687 706 664 543 644 656 631 649 638 622 623 606 625 632 623 613 612 602 627 626 616 589 548 553 563 468 490 434 334 389 388 404 395 541 514 554 609 688 698 682 698 682 678 701 802 757 700 669 690 657 656 600 600 608 685 620 682.4 692 610.3 593.6 704.4 682.9 671.5 558.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 365 373 380 390 354 356 354 376 392 346 332 347 339 324 310 304 307 296 293 294 291 274 265 257 273 269 260 275 264 273 270 274 257 258 250 262 240 266 267 263 279 258 265 268 260 256 253 261 268 270 259 266 124 269 267 277 88 307 299 307 127 311 303 292 78 293 301 295 206 394 306 305 260 256 265 252 265 250 241 243 272 255 241 236 233 225 235 226 227 219 214 208 200.9 203 206.8 165.2 215.2 209.2 211.8 165.4
Other Expenses 252 216 181 194 233 206 201 227 326 209 203 204 202 178 172 169 179 169 170 153 182 164 169 160 172 166 164 158 184 179 178 172 226 205 207 195 221 227 251 195 208 199 167 186 159 139 149 142 205 147 157 150 303 180 167 171 399 156 112 108 310 91 94 112 327 106 128 102 187 120 117 98 188 167 146 155 148 149 150 186 215 156 142 138 147 147 137 143 152 141 172 140 170.6 169 243.2 129.7 160.3 157.1 155.0 122.3
Operating Expenses 617 589 561 584 587 562 555 603 718 555 535 551 541 502 482 473 486 465 463 447 473 438 434 417 445 435 424 433 448 452 448 446 483 463 457 457 461 493 518 458 487 457 432 454 419 395 402 403 473 417 416 416 427 449 434 448 487 463 411 415 437 402 397 404 405 399 429 397 393 514 423 403 448 423 411 407 413 399 391 429 487 411 383 374 380 372 372 369 379 360 386 348 371.4 372 450.0 294.9 375.4 366.2 366.8 287.7
Operating Income
Operating Income 219 227 244 225 217 235 269 167 52 327 356 409 446 455 337 238 289 332 421 448 278 267 146 (78) 351 372 385 424 400 381 419 335 330 334 302 268 226 213 146 85 157 199 199 195 219 227 221 203 152 215 207 197 185 153 193 178 129 126 137 138 126 66 93 30 (71) (10) (41) 7 2 27 91 151 161 265 287 275 285 283 287 272 315 346 317 295 310 285 284 231 221 248 299 272 311.0 320 160.3 298.7 329.0 316.7 304.7 270.4
Interest Expense 355 372 356 349 392 448 438 471 465 502 453 241 134 43 16 13 13 14 14 16 20 26 40 96 115 125 124 104 90 76 60 41 33 33 29 26 29 30 28 25 24 26 23 22 24 22 25 25 26 27 29 30 32 33 35 35 37 40 40 39 40 52 54 61 83 126 150 179 285 269 295 387 455 449 424 399 410 391 345 293 244 207 172 147 125 107 97 98 103 134 153 174 218.9 348 428.2 438.9 445.3 413.0 387.8 321.6
Interest Income 932 946 931 924 967 982 971 1,019 1,049 1,103 1,074 949 876 750 577 469 474 489 479 459 489 484 511 609 659 711 727 710 704 675 650 590 578 579 529 496 484 480 473 472 457 448 444 435 439 436 441 435 456 439 443 446 456 460 470 477 481 463 431 434 445 456 476 476 479 511 552 563 716 735 737 863 944 952 933 901 912 893 847 772 745 719 655 607 591 558 545 543 560 627 686 705 755.0 875 940.5 861.5 949.0 910.7 871.4 729.8
Profitability
EBITDA 219 251 269 250 243 258 294 189 75 349 378 429 467 480 360 261 312 357 447 473 304 294 175 (52) 381 399 413 453 430 411 448 366 360 365 331 299 256 245 175 115 185 229 229 225 250 258 253 232 182 245 239 227 218 186 227 211 161 157 167 167 156 98 123 62 (40) 20 (10) 37 40 57 120 177 190 288 309 297 309 301 310 291 347 377 351 324 342 311 325 261 267 268 314 288 334.9 352.8 177.5 321.3 355.8 358.2 315.5 293.2
EBIT 219 227 244 225 217 235 269 167 52 327 356 409 446 455 337 238 289 332 421 448 278 267 146 (78) 351 372 385 424 400 381 419 335 330 334 302 268 226 213 146 85 157 199 199 195 219 227 221 203 152 215 207 197 185 153 193 178 129 126 137 138 126 66 93 30 (71) (10) (41) 7 2 27 91 151 161 265 287 275 285 283 287 272 315 346 317 295 310 285 284 231 221 248 299 272 311.0 320 160.3 298.7 329.0 316.7 304.7 270.4
Income Before Tax 219 227 244 225 217 235 269 167 52 327 356 409 446 455 337 238 289 332 421 448 278 267 146 (78) 351 372 385 424 400 381 419 335 330 334 302 268 226 213 146 85 157 199 199 195 219 227 221 203 152 215 207 197 185 153 193 178 129 126 137 138 126 66 93 30 (71) (10) (41) 7 2 27 91 151 161 265 287 275 285 283 287 272 315 346 317 295 310 285 284 231 221 248 299 272 311.0 320 160.3 298.7 329.0 316.7 304.7 270.4
Income Tax Expense 43 51 45 53 47 51 63 29 19 76 83 85 96 104 76 49 61 70 93 98 63 50 28 (19) 82 80 87 85 90 63 93 54 218 108 99 66 62 64 42 25 41 63 64 61 70 73 70 64 35 68 64 63 55 36 50 48 33 28 41 35 30 7 23 (5) (42) (29) (59) (1) (17) 0 35 41 44 85 91 86 100 88 92 65 108 113 100 96 103 89 92 69 63 78 93 88 112.0 112 66.7 104.5 113.9 110.7 107.7 94.7
Net Income 176 176 199 172 170 184 206 138 33 251 273 324 350 351 261 189 228 262 328 350 215 217 118 (59) 269 292 298 339 310 318 326 281 112 226 203 202 164 149 104 60 116 136 135 134 149 154 151 139 117 147 143 134 130 117 143 130 96 98 96 103 96 59 70 52 (29) 19 18 9 20 28 56 109 119 181 196 190 299 200 200 194 207 238 217 199 207 196 192 162 158 170 206 184 199.0 208 93.6 194.2 215.1 206.1 197.0 175.7
Per Share Data
EPS (Basic) 1.28 1.36 1.43 1.25 1.23 1.33 1.50 0.99 0.20 1.85 2.02 2.42 2.61 2.63 1.94 1.39 1.69 1.92 2.35 2.46 1.54 1.50 0.84 -0.42 1.87 1.98 1.95 2.15 1.91 1.89 1.90 1.62 0.65 1.29 1.15 1.14 0.96 0.87 0.60 0.34 0.65 0.76 0.76 0.75 0.83 0.85 0.83 0.76 0.64 0.80 0.77 0.71 0.70 0.61 0.73 0.66 0.48 0.51 0.54 0.58 0.54 0.34 0.40 -0.46 -0.19 -0.10 -0.10 -0.16 0.02 0.19 0.37 0.72 0.79 1.20 1.28 1.21 1.90 1.25 1.24 1.20 1.26 1.43 1.29 1.18 1.21 1.15 1.11 0.93 0.90 0.98 1.02 0.88 1.11 1.15 0.50 1.10 1.19 1.16 1.09 1.11
EPS (Diluted) 1.27 1.35 1.42 1.25 1.22 1.33 1.49 0.99 0.20 1.84 2.02 2.40 2.58 2.60 1.92 1.37 1.66 1.90 2.32 2.43 1.53 1.49 0.84 -0.42 1.85 1.96 1.94 2.12 1.87 1.86 1.87 1.59 0.64 1.26 1.13 1.11 0.91 0.84 0.58 0.34 0.64 0.74 0.74 0.73 0.80 0.82 0.80 0.73 0.62 0.78 0.76 0.70 0.68 0.61 0.73 0.66 0.48 0.51 0.53 0.57 0.53 0.33 0.39 -0.46 -0.19 -0.10 -0.10 -0.16 0.02 0.19 0.37 0.72 0.79 1.18 1.25 1.19 1.89 1.23 1.22 1.18 1.24 1.41 1.28 1.16 1.20 1.13 1.10 0.92 0.89 0.97 1.00 0.88 1.11 1.13 0.50 1.08 1.17 1.15 1.08 1.04
Shares Outstanding 132 132 132 132 131.4 133 133 132 131.9 132 132 131 131.0 131 131 131 130.7 137.9 141.4 140 139 139 139 140.5 144 147 152 158 162 167 171 172 171 174 175 175 169 171 173 173 176 176 176 176 179 179 179 180 180 182 183 185 185 190 194 195 197 192 175 175 175.9 173.5 172.5 154.3 151 150 160 150 143 151 151 151 151.0 150.8 153.1 157.0 157.1 160 161.3 161.7 164.9 166.4 168.2 168.6 170.8 170.4 173.0 174.2 175.5 173.5 173.6 175.4 177.0 178.0 178.6 176.0 176.7 156.5 176.9 166.7
Metric 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 866 5,039 5,288 5,792 6,804 6,393 4,812 5,135 9,502 8,112 10,223 10,734 6,282 5,970 7,533 13,550 22,679 23,589 16,501 14,871 15,767 11,141 13,311 4,855 5,818 4,117 3,581 3,481 4,561 5,839 5,660 6,836 5,845 6,204 5,631 8,319 7,218 8,040 4,110 3,002 4,225 4,629 5,617 4,490 3,510 1,271 1,865 1,661 1,527 4,556 2,264 1,902 2,171 2,160.1 1,763.9 2,008.8 1,930.7 1,519.1 1,743.6 1,444.1 1,202.0 1,485.7 1,535.7 1,489.2 1,773.1 1,364.1 2,222.5 1,886.8 1,927.1 1,889.4 1,957.9 1,770.7 1,929.1 1,842.7 1,906 1,233.4 2,052 1,575.9 1,787.2 1,809.1 2,201.2 1,686.3 1,952.3 2,378.5 2,627.2 2,313 2,166.7 2,651.5
Short-Term Investments 14,910 11,941 7,608 7,781 7,375 1,336 1,265 8,812 17,268 1,044 733 850 19,169 1,251 18,189 18,991 17,183 17,033 16,020 15,771 15,200 15,250 12,912 13,179 12,553 12,575 12,478 12,348 12,179 11,998 12,049 12,104 11,034 11,090 11,034 10,922 10,879 10,881 10,812 10,701 134 165 7,554 129 248 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 755 782 754 734 709 767 806 793 795 790 756 766 754 713 653 644 634 569 589 577 584 5,357 5,236 5,253 585 4,789 4,800 4,627 503 471 458 464 456 475 472 550 4,364 648 684 731 0 0 4,247 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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
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
Total Current Assets 16,531 17,762 13,650 14,307 14,888 8,496 6,883 14,740 27,565 9,946 11,712 12,350 26,205 7,934 26,375 33,185 40,496 41,191 33,110 31,219 31,551 31,748 31,459 23,287 18,956 21,481 20,859 20,456 17,243 18,308 18,167 19,404 17,335 17,769 17,137 19,791 22,461 19,569 15,606 14,434 8,404 9,244 21,665 8,877 8,032 1,271 1,865 1,661 1,527 4,556 2,264 1,902 2,171 2,160.1 1,763.9 2,008.8 1,930.7 1,519.1 1,743.6 1,444.1 1,202.0 1,485.7 1,535.7 1,489.2 1,773.1 1,364.1 2,222.5 1,886.8 1,927.1 1,889.4 1,957.9 1,770.7 1,929.1 1,842.7 1,906 1,233.4 2,052 1,575.9 1,787.2 1,809.1 2,201.2 1,686.3 1,952.3 2,378.5 2,627.2 2,313 2,166.7 2,651.5
Non-Current Assets
Property, Plant & Equipment 426 432 436 447 473 476 474 462 445 410 397 399 400 412 422 444 454 447 454 456 459 456 450 454 457 467 470 474 475 472 467 468 466 467 484 488 501 528 544 541 634 637 644 667 676 635 389 378 374 371 369 371 356 349.6 356.3 360.1 364.2 313.0 317.6 318.1 330.7 336.4 345.3 347.5 352.7 361.2 361 362.9 380.2 384.2 388.8 398 407.7 425.8 462.5 464.7 455 456.5 460.2 460.1 437.8 440.3 421.2 414.5 399.1 384.7 382.2 366.5
Goodwill 0 0 7.5 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 635 0 0 150 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 4.4 6 202 6 0 0 61 0 0 0 0 10 10 11 0 12 14 14 1 2 3 3 2 4 4 5 4 6 7 7 6 8 9 10 8 11 12 13 0 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 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 26,848 49,418 49,727 48,495 49,140 63,978 65,145 49,338 50,630 67,596 71,395 71,318 52,038 68,783 50,238 49,865 48,063 47,017 48,987 49,228 50,759 50,790 51,850 51,958 49,147 50,261 50,569 49,120 48,989 47,875 48,657 48,078 49,271 49,366 49,661 48,553 49,373 49,594 50,774 49,829 46,823 47,204 41,176 53,429 58,652 54,319 49,646 49,587 48,001 51,020 50,242 46,989 47,166 44,513.8 44,751.8 45,478.8 45,182.4 37,375.2 37,395.8 36,232.8 35,569.2 33,928.1 33,536.3 33,098.8 32,974.3 31,265.5 31,225.5 30,524 32,679.8 32,443 32,166.9 31,457.2 30,639.5 30,191.5 31,255 31,906.8 30,960.2 31,376 31,358.5 30,684.3 29,759.6 28,618.3 28,258.3 28,280.1 25,100.9 24,766.3 23,291.9 22,760.5
Other Non-Current Assets 36,269 9,764 14,163.1 13,732 13,959 6,072 6,460 14,269 6,498 7,119 6,622 6,425 6,128 6,369 9,209 5,025 4,968 5,227 5,155 4,739 4,724 0 0 0 4,205 0 0 0 3,472 4,152 4,054 3,743 3,854 3,772 3,521 3,499 0 3,787 3,709 3,555 24 21 (4,394) 657 10 3,797 2,643 2,842 2,690 2,780 2,930 4,039 2,873 2,709.8 2,416.2 2,422.5 2,056.7 1,678.1 1,608.5 1,665.3 1,551.4 1,534.8 1,533.2 1,512 1,500.7 1,385.4 1,241 3,718.7 1,305.3 1,188.3 1,340.7 1,241.8 1,229.8 1,881.7 1,762.6 1,418.6 2,002.7 1,940.1 1,845.6 1,155.4 1,031.3 1,058.7 977.2 1,096.1 2,167.7 1,005.9 1,563.2 648.2
Total Non-Current Assets 63,543 59,614 64,338 63,315 64,409 71,167 72,714 64,704 58,269 75,760 79,049 78,777 59,201 76,209 60,514 55,980 54,120 53,338 55,245 55,072 56,578 51,883 52,938 53,050 54,446 51,367 51,678 50,234 53,575 53,140 53,820 52,931 54,232 54,248 54,310 53,185 50,517 54,555 55,674 54,573 47,481 47,862 37,584 54,753 59,338 58,751 52,678 52,807 51,065 54,171 53,541 51,399 50,395 47,573.2 47,524.4 48,261.4 47,603.4 39,366.3 39,321.9 38,216.2 37,451.3 35,799.3 35,414.8 34,958.3 34,827.7 33,012.1 32,827.5 34,605.6 34,365.3 34,015.5 33,896.4 33,097 32,277 32,499 33,480.1 33,790.1 33,417.9 33,772.6 33,664.3 32,299.8 31,228.7 30,117.3 29,656.7 29,790.7 27,667.7 26,156.9 25,237.3 23,775.2
Total Assets 80,074 77,376 77,988 77,622 79,297 79,663 79,597 79,444 85,834 85,706 90,761 91,127 85,406 84,143 86,889 89,165 94,616 94,529 88,355 86,291 88,129 83,631 84,397 76,337 73,402 72,848 72,537 70,690 70,818 71,448 71,987 72,335 71,567 72,017 71,447 72,976 72,978 74,124 71,280 69,007 55,885 57,106 59,263 63,630 67,370 60,022 54,543 54,468 52,592 58,727 55,805 53,301 52,566 49,733.4 49,288.3 50,270.2 49,534.1 40,885.4 41,065.5 39,660.3 38,653.3 37,285 36,950.5 36,447.5 36,600.8 34,376.2 35,050 36,492.4 36,292.4 35,904.9 35,854.3 34,867.7 34,206.1 34,341.7 35,386.1 35,023.5 35,469.9 35,348.5 35,451.5 34,108.9 33,429.9 31,803.6 31,609 32,169.2 30,294.9 28,469.9 27,404 26,426.7
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 0 0 2,925 1,225 0 0 3,208 0 3,565 4,812 10,408 11,861 4,052 1,348 847 857 877 887 892 898 905 921 1,669 3,180 955 943 2,620 1,804 905 926 58 394 10 509 541 41 373 12 367 514 200 489 462 490 2,207 2,813 210 251 262 362 545 540 689 1,347.4 1,427.3 679.8 2,093.4 3,285.4 3,351.0 4,344.7 2,768.0 3,169 3,745.5 3,533.8 3,580.2 3,329.1 3,591.5 3,301.2 3,192.9 4,091 4,034.6 4,164 4,489.2 4,961.7 4,145.6 4,173 4,674.2 5,429.5 6,346.7 5,448.1 4,205.3 5,184 5,650.5 5,999.6 5,400.6 841 3,138.9 2,897.8
Deferred Revenue 0 0 0 0 0 0 0 32 0 0 0 0 28 28 29 29 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 58,809 62,596 60,003 61,505 63,811 63,077 62,459 63,546 66,762 67,158 66,015 64,706 71,369 72,988 75,736 77,579 82,339 82,284 76,066 73,807 72,869 68,459 67,720 57,366 57,295 56,809 55,537 54,091 55,561 56,006 57,210 57,635 57,903 57,819 56,781 58,863 58,985 59,261 56,374 56,351 39,780 39,966 39,665 40,991 41,894 41,920 43,911 43,523 41,463 47,058 44,373 41,775 40,649 37,133.7 37,045.7 36,785.9 33,854.3 25,519.9 25,313.0 23,308.5 23,291.4 22,900.3 22,353.5 22,585.3 24,313.1 22,233.4 22,618.7 23,193.3 22,586.3 22,058.3 22,676.5 22,147.8 22,367.1 21,863.1 22,948.3 22,910.6 23,167.2 22,011.2 21,889.1 21,916.3 22,432.3 20,324.7 20,643.6 21,620.5 20,949.8 20,194.4 20,731.1 20,286.1
Total Current Liabilities 58,809 62,596 62,928 62,730 63,811 63,077 65,667 63,578 73,222 74,685 79,055 78,894 78,042 76,898 78,671 80,304 84,800 84,776 78,462 76,185 75,256 70,914 70,991 62,418 59,690 59,229 59,543 57,302 57,709 58,086 58,325 59,087 58,982 59,346 58,319 59,893 60,370 60,507 58,020 58,254 41,028 41,502 41,149 42,959 45,565 44,733 44,121 43,774 41,725 47,420 44,918 42,315 41,338 38,481.2 38,473.0 37,465.7 35,947.7 28,805.4 28,664.0 27,653.2 26,059.4 26,069.3 26,099 26,119.1 27,893.3 25,562.5 26,210.2 26,494.5 25,779.2 26,149.3 26,711.1 26,311.8 26,856.3 26,824.8 27,093.9 27,083.6 27,841.4 27,440.7 28,235.8 27,364.4 26,637.6 25,508.7 26,294.1 27,620.1 26,350.4 21,035.4 23,870 23,183.9
Non-Current Liabilities
Long-Term Debt 5,424 5,422 5,762 5,733 6,673 6,786 5,154 7,121 6,206 6,049 6,111 6,239 2,183 2,176 1,783 1,825 1,919 1,950 1,962 1,954 4,823 4,843 5,604 6,517 6,385 6,419 5,671 5,979 5,602 5,576 5,583 5,248 4,622 4,637 5,143 5,153 4,812 5,890 5,566 3,109 9,041 9,915 11,060 13,571 14,612 8,906 4,597 4,597 4,801 5,400 5,068 5,216 5,487 5,550.7 5,306.8 7,289.3 8,259.2 7,650.5 8,214.8 7,900.4 8,579.9 7,398.8 7,231.3 6,731.7 5,282.3 5,632.7 5,662.2 6,736.8 7,286.4 6,615.4 6,070.5 5,492.1 4,241.8 4,492 5,045.1 4,745.8 4,644.4 4,948.6 4,411.3 3,873.1 4,097.9 3,602.4 2,705.3 1,885.5 1,460.6 4,948.5 1,103.3 902.7
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
Other Non-Current Liabilities 8,134 1,929 2,438 2,107 2,270 2,434 2,615 2,695 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24 21 11 7 10 1,306 891 1,004 956 821 816 823 871 903.7 757.6 846.7 827.1 583.8 492.3 541.4 539.4 453.5 373 437.9 378.6 241 350.8 434.2 465 395.8 404.5 494.4 492.4 426 380.9 482.7 376.4 406.2 319.7 358.7 302.6 306.8 263.3 345.7 302.2 276.7 273.3 278.5
Total Non-Current Liabilities 13,558 7,351 8,200 7,840 8,943 9,220 7,769 9,816 6,206 6,049 6,111 6,239 2,183 2,176 1,783 1,825 1,919 1,950 1,962 1,954 4,823 4,843 5,604 6,517 6,385 6,419 5,671 5,979 5,602 5,576 5,583 5,248 4,622 4,637 5,143 5,153 4,812 5,890 5,566 3,109 9,065 9,936 11,060 13,578 14,622 10,212 5,488 5,601 5,757 6,221 5,884 6,039 6,358 6,454.4 6,064.4 8,136.0 9,086.2 8,234.3 8,707.1 8,441.8 9,119.3 7,852.3 7,604.3 7,169.6 5,660.9 5,873.7 6,013 7,171 7,751.4 7,011.2 6,475 5,986.5 4,734.2 4,918 5,426 5,228.5 5,020.8 5,354.8 4,731 4,231.8 4,400.5 3,909.2 2,968.6 2,231.2 1,762.8 5,225.2 1,376.6 1,181.2
Total Liabilities 72,367 69,947 71,128 70,570 72,754 72,297 73,436 73,394 79,428 80,734 85,166 85,133 80,225 79,074 80,454 82,129 86,719 86,726 80,424 78,139 80,079 75,757 76,595 68,935 66,075 65,648 65,214 63,281 63,311 63,662 63,908 64,335 63,604 63,983 63,462 65,046 65,182 66,397 63,586 61,363 50,093 51,438 52,234 56,537 60,187 54,945 49,609 49,375 47,482 53,641 50,802 48,354 47,696 44,935.6 44,537.4 45,601.7 45,033.9 37,039.7 37,371.2 36,095.0 35,178.7 33,921.6 33,703.3 33,288.7 33,554.2 31,436.2 32,223.2 33,665.5 33,530.6 33,160.5 33,186.1 32,298.3 31,590.5 31,742.8 32,519.9 32,312.1 32,862.2 32,795.5 32,966.8 31,596.2 31,038.1 29,417.9 29,262.7 29,851.3 28,113.2 26,260.6 25,246.6 24,365.1
Stockholders' Equity
Common Stock 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,141 1,019 1,019 894 894 894 894 894 894 894 894 894 894 894 893.7 893.7 891.7 888.5 786.2 786.2 786.2 786.2 786.2 0 0 786.2 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 12,338 12,268 12,185 12,093 12,017 11,949 11,867 11,765 11,727 11,796 11,648 11,476 11,258 11,005 10,752 10,585 10,494 10,366 10,202 9,975 9,727 9,511 9,404 9,389 9,538 9,369 9,176 8,979 8,781 8,587 8,374 8,110 7,887 7,746 7,580 7,431 7,331 7,262 7,157 7,097 5,124 5,064 5,161 5,257 5,252 5,484 4,125 4,030 3,973 3,842 3,761 3,681 3,565 3,328.9 3,211.5 3,086.9 3,085.8 2,821.1 2,704.1 2,587.8 2,485.2 2,379.4 2,271.4 2,168.1 2,086.6 1,999.2 1,904.2 1,814.1 1,731.4 1,962.6 1,906.3 1,842.5 1,854.1 1,844.4 1,773.7 1,703.4 1,641 1,574.6 1,510 1,451.9 1,390.4 1,331.4 1,270 1,209.6 1,155.3 1,097.9 1,050.6 963.2
Accumulated Other Comprehensive Income (2,079) (2,261) (2,499) (2,695) (3,161) (2,355) (3,463) (3,457) (3,048) (4,540) (3,756) (3,171) (3,742) (3,587) (1,954) (1,173) (212) (207) (120) (105) 64 116 158 174 (235) (336) (382) (513) (609) (611) (589) (553) (451) (359) (361) (379) (383) (292) (295) (328) (240) (303) (336) (342) (238) (238) (82) 92 74 181 192 237 292 270.0 101.5 113.8 (9.1) (18.9) (39.6) (47.9) (34.7) (25.6) (26.1) (3.9) (11.7) 2.7 (5.2) 4.4 (1.9) 7.6 (14) (49.8) (22.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 7,707 7,429 6,860 7,052 6,543 7,366 6,161 6,050 6,406 4,972 5,595 5,994 5,181 5,069 6,435 7,036 7,897 7,803 7,931 8,152 8,050 7,874 7,802 7,402 7,327 7,200 7,323 7,409 7,507 7,786 8,079 8,000 7,963 8,034 7,985 7,930 7,796 7,727 7,694 7,644 5,792 5,668 7,029 7,093 7,183 5,077 4,934 5,093 5,110 5,086 5,003 4,947 4,870 4,797.8 4,750.9 4,668.5 4,500.2 3,845.7 3,694.3 3,565.3 3,474.6 3,363.4 3,247.2 3,158.8 3,046.6 2,940 2,826.8 2,826.9 2,761.8 2,744.4 2,668.2 2,569.4 2,615.6 2,598.9 2,866.2 2,711.4 2,607.7 2,553 2,484.7 2,512.7 2,391.8 2,385.7 2,346.3 2,317.9 2,181.7 2,209.3 2,157.4 2,061.6
Total Liabilities & Equity 80,074 77,376 77,988 77,622 79,297 79,663 79,597 79,444 85,834 85,706 90,761 91,127 85,406 84,143 86,889 89,165 94,616 94,529 88,355 86,291 88,129 83,631 84,397 76,337 73,402 72,848 72,537 70,690 70,818 71,448 71,987 72,335 71,567 72,017 71,447 72,976 72,978 74,124 71,280 69,007 55,885 57,106 59,263 63,630 67,370 60,022 54,543 54,468 52,592 58,727 55,805 53,301 52,566 49,733.4 49,288.3 50,270.2 49,534.1 40,885.4 41,065.5 39,660.3 38,653.3 37,285 36,950.5 36,447.5 36,600.8 34,376.2 35,050 36,492.4 36,292.4 35,904.9 35,854.3 34,867.7 34,206.1 34,341.7 35,386.1 35,023.5 35,469.9 35,348.5 35,451.5 34,108.9 33,429.9 31,803.6 31,609 32,169.2 30,294.9 28,469.9 27,404 26,426.7
Debt Metrics
Total Debt 5,424 5,422 8,687 6,958 6,673 6,786 8,362 7,121 9,771 10,861 16,519 18,100 6,235 3,524 2,630 2,682 2,796 2,837 2,854 2,852 5,728 5,764 7,273 9,697 7,340 7,362 8,291 7,783 6,507 6,502 5,641 5,642 4,632 5,146 5,684 5,194 5,185 5,902 5,933 3,623 9,241 10,404 11,522 14,061 16,819 11,719 4,807 4,848 5,063 5,762 5,613 5,756 6,176 6,898.1 6,734.2 7,969.1 10,352.6 10,936.0 11,565.8 12,245.0 11,347.9 10,567.8 10,976.8 10,265.5 8,862.5 8,961.8 9,253.7 10,038 10,479.3 10,706.4 10,105.1 9,656.1 8,731 9,453.7 9,190.7 8,918.8 9,318.6 10,378.1 10,758 9,321.2 8,303.2 8,786.4 8,355.8 7,885.1 6,861.2 5,789.5 4,242.2 3,800.5
Net Debt 4,558 383 3,399 1,166 (131) 393 3,550 1,986 269 2,749 6,296 7,366 (47) (2,446) (4,903) (10,868) (19,883) (20,752) (13,647) (12,019) (10,039) (5,377) (6,038) 4,842 1,522 3,245 4,710 4,302 1,946 663 (19) (1,194) (1,213) (1,058) 53 (3,125) (2,033) (2,138) 1,823 621 5,016 5,775 5,905 9,571 13,309 10,448 2,942 3,187 3,536 1,206 3,349 3,854 4,005 4,738.0 4,970.3 5,960.3 8,421.9 9,416.9 9,822.3 10,800.9 10,145.9 9,082.1 9,441.1 8,776.3 7,089.4 7,597.7 7,031.2 8,151.2 8,552.2 8,817 8,147.2 7,885.4 6,801.9 7,611 7,284.7 7,685.4 7,266.6 8,802.2 8,970.8 7,512.1 6,102 7,100.1 6,403.5 5,506.6 4,234 3,476.5 2,075.5 1,149
Metric 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 176 176 199 172 170 184 206 138 33 251 273 324 350 351 261 189 228 262 328 350 215 217 118 (59) 269 292 298 339 310 318 326 281 112 226 203 202 164 149 104 60 238 217 199 192 162 158 157 170 176 206 (3) 184 214 199.0 209 208.4 194.2 215.1 206.1 197.0 175.7 170.4 167.4 159.1 157.8 154.5 150.4 144.4 140 137 129.7 123.8 60.9 121.5 118.2 116.6 106.5 105.3 101.6 100 96.6 100.6 99.1 90.9 90.1 83.6 86.2 80.7
Depreciation & Amortization 0 24 25 25 26 23 25 22 23 22 22 20 21 25 23 23 23 25 26 25 26 27 29 26 30 27 28 29 30 30 29 31 30 31 29 31 30 32 29 30 31 34 29 41 30 46 18 20 15 15 25 16 15 23.9 24 32.8 22.6 26.8 41.5 10.7 22.8 22.7 22.6 22.7 23.1 36.6 7.5 20.8 21.4 21.6 21.4 22.5 24.5 23.5 24.6 25 24.1 23.6 22.1 23.2 23.9 22.1 22.7 20.8 13.5 13.6 14.3 13.1
Stock-Based Compensation 0 1 8 27 9 9 9 27 8 9 7 28 12 9 11 28 5 7 7 22 6 6 4 8 2 5 8 24 7 7 10 24 10 5 6 18 4 5 5 20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 (519) 206 43 (556) 814 (124) (391) 1,130 (441) (482) 71 194 5 91 (925) 248 (90) (399) (83) (39) (263) (208) 395 (90) 85 13 (336) 303 (41) (82) 8 (47) (52) 16 140 (149) (27) (180) 25 35 28 (54) (83) 10 86 125 (3) (17) 154 (94) 37 (9) 19.1 186 (63.2) 46.8 (2.2) 20.0 (32.8) 61.7 37.5 (63.6) 58.2 192.2 28 (178.6) (19.1) 87.4 (10.1) (51.4) 4.7 17.6 (66.6) (18.6) 28.8 (107.4) 98 0.1 (17.4) (28.9) 4.1 (98.8) 48.3 (104.1) 118.6 (44.6) 43.2
Other Non-Cash Items (176) (1) 31 2 11 5 (11) 6 (5) (9) 31 28 16 11 (7) (23) (35) (52) (148) (194) (15) (4) 123 400 2 27 38 (12) 12 16 (34) 7 13 19 10 14 24 21 51 152 (116) (47) 52 (24) 15 44 (7) 249 84 (93) 649 (230) 168 99.9 (133) 43.9 (125.3) 101.2 (119.6) (23.1) 43.8 110.6 6.9 18.1 (138.3) (103.3) 422.8 (208.9) (190.1) 130.2 (74.3) 91.7 82.7 169.4 (73.1) 665.5 (483.2) 30.8 (182.3) 6.6 69.2 18.6 61.1 153.7 (1.4) (199.2) (64) 254.3
Operating Cash Flow 0 (270) 476 273 (354) 1,049 111 (205) 1,122 (178) (155) 462 597 393 358 (710) 429 202 (156) 159 208 (24) 45 699 221 444 385 40 649 353 256 358 245 200 246 404 96 158 (4) 248 188 232 226 126 217 334 293 436 258 282 577 7 388 341.9 286 221.9 138.4 340.9 148.0 151.9 304 341.2 133.3 258.1 234.8 115.8 402.1 (62.8) 58.7 278.7 25.4 242.7 185.7 247.8 51.1 835.9 (460) 257.7 (58.5) 112.4 160.8 145.4 84.1 313.7 (1.9) 16.6 (8.1) 391.3
Investing Activities
Capital Expenditure 0 (32) (27) (7) (35) (34) (44) (40) (60) (39) (33) (21) (24) (17) (24) (17) (20) (15) (17) (18) (28) (22) (14) (15) (24) (33) (13) (16) (25) (24) (21) (20) (26) (16) (15) (12) (24) (17) (27) (27) 9 (75) (23) (22) (21) (20) (11) (16) (12) (29) (21) (16) (14) 0 (8) (11.9) (7.1) (17.5) (18.3) (9.3) (8.7) (5.3) (12.0) (9.0) (6.1) (12.7) (12.3) (4.5) (10.1) (9.9) (5.3) (5.7) 1.2 (15.7) (18.8) (12.7) (13.1) (12.3) (16) (20.9) (13) (27.3) (22) (16.2) (27.9) (16.1) (24.6) (10.7)
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 0 0 0 0 0 0 0 0 0 445.3 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
Purchases of Investments 0 (190) 0 0 (1,202) (96) 0 (34) 0 0 0 0 0 (329) (3,536) (3,605) (1,609) (2,499) (2,078) (1,750) (1,008) (3,409) (467) (920) (625) (678) (511) (1,532) (414) (1,727) (450) (441) (457) (486) (470) (1,699) (649) (640) (465) (291) (699) (165) (569) (309) (2,418) 770 (4,323) (3,321) (5,172) (3,643) (1,398) (363) (833) (568.7) (521) (1,520.0) (408.8) (1,341.9) (2,354.2) (1,967.6) (1,031.4) (86.6) (75.4) (7.4) (19) 14.6 (115.9) (7.1) (151.8) (62.7) (500.8) (326.8) 426.9 (534.5) (506.4) (29.8) 290.9 (145.5) (576.1) (126.6) (74.8) (123.2) (347.1) (2,802.9) (1,993.6) (1,392.2) (991.9) (948.1)
Sales/Maturities of Investments 0 507 340 287 1,505 565 574 385 424 377 663 1,021 508 549 648 806 1,333 1,384 1,827 992 1,006 1,033 713 598 647 624 504 1,474 415 1,722 451 449 495 515 455 1,728 554 622 500 425 377 328 231 292 553 1,694 2,650 2,476 3,307 3,287 323 597 714 (917.5) 334 2,344.6 484.1 1,159.5 2,497.5 2,163.7 453.5 170.6 196.1 240.0 407 363.1 335.4 312.2 750.4 266.9 453.6 224.1 617.6 355.6 1,221 553 838.9 425.1 362.8 466.6 192.8 582.6 923.8 1,992.6 903.6 1,242.4 779.6 686.2
Other Investing Activities 0 370 (1,361) 633 (15) 1,402 (1,098) 1,428 1,351 2,586 (769) (2,006) (1,908) (492) (2,130) (381) (1,151) 2,611 949 1,784 58 1,112 (42) (3,197) 1,098 318 (1,562) (165) (1,159) 772 (549) (135) 44 194 (1,139) 759 156 1,108 (1,130) (365) 784 (1,330) (949) (158) 200 (859) 2,857 (8) (395) (782) (809) (529) 417 (45.4) 495 (224.2) (1,053.1) (235.4) (1,217.9) (1,375.3) (1,134.9) (559.4) (621.5) (396.2) (2,147.6) (591) 1,214.5 (360.3) (817.8) (386.9) (633.2) (900.8) (844.4) 235.2 (727.1) (409.4) (4) (367.7) (906.2) (646.4) (1,404.4) (391.6) (260.8) (361.1) (364.3) (853.1) (363.2) 616.3
Investing Cash Flow 0 655 (1,048) 913 253 1,837 (568) 1,739 1,715 2,924 (139) (1,006) (1,424) (289) (5,042) (3,197) (1,447) 1,481 681 1,008 28 (1,286) 190 (3,534) 1,096 231 (1,582) (239) (1,183) 743 (569) (147) 56 207 (1,169) 776 37 1,073 (1,122) (258) 471 (1,242) (1,310) (197) (1,686) 1,585 1,173 (869) (2,272) (1,167) (1,905) (311) 284 (1,531.6) 300 588.6 (984.8) (435.3) (1,092.9) (743.1) (1,721.5) (480.7) (512.8) (172.6) (1,765.7) (226) 1,421.7 (59.7) (229.3) (192.6) (685.7) (1,009.2) 201.3 40.6 (31.3) 101.1 1,112.7 (100.4) (1,135.5) (327.3) (1,299.4) 40.5 293.9 (1,187.6) (1,482.2) (1,019) (600.1) 343.7
Financing Activities
Net Debt Issuance 0 (3,275) 1,700 225 3,065 (1,750) 1,250 (2,565) (1,247) (5,596) (1,458) 11,805 2,703 1,008 0 0 0 0 0 (2,800) (10) (1,492) (2,436) 2,192 20 (982) 448 1,241 (40) 876 10 1,038 (499) (532) 484 16 (637) 0 2,298 491 (96) (282) 221 78 (256) (9) (612) 120 (141) (414) (617) (330) (530) 640.5 62 (1,197.7) (748.6) (591.3) (779.5) 834.4 766.6 (398.4) 715.2 1,402.1 (99.4) (308.1) (770.1) (447.6) (227.2) 601.3 449.1 925.1 (722.9) 427.8 272.5 (409.2) (1,059.4) (380) 1,432.1 1,017.9 (482.9) 569.7 470.7 1,023.4 1,071.7 1,552.4 350.8 (71.5)
Stock Repurchased 0 (152) (114) (50) (87) 0 (13) (12) (1) 0 (1) (15) 0 (3) (1) (39) (50) (220) (451) (8) 0 0 0 (199) (152) (370) (429) (443) (501) (500) (169) (168) (148) (147) (139) (126) (99) (97) (66) (52) 0 0 (118) 0 (133) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 (97) (97) (99) (105) (99) (98) (98) (103) (98) (99) (94) (93) (94) (94) (95) (94) (97) (100) (101) (101) (91) (96) (95) (99) (100) (104) (99) (102) (57) (51) (53) (52) (47) (41) (40) (40) (38) (37) (37) (92) (93) (89) (90) (88) (88) (88) (87) (84) (84) (84) (85) (78) (78.4) (86) (82.8) (66.9) (66.9) (66.8) (60.6) (60.6) (60.5) (60.4) (54.1) (53.9) (54.2) (54.6) (49.3) (4.3) (95) (50) (46.1) (46.9) (45.1) (41.3) (40.1) (39.9) (41.2) (37.2) (37.4) (37.9) (38) (31.9) (32.2) (33.2) (30.4) (29.6) (31.1)
Other Financing Activities 0 2,890 (1,421) (2,274) (2,361) 543 (1,005) (3,225) (105) 835 1,341 (6,702) (1,472) (2,578) (1,238) (5,106) 240 5,718 1,648 836 4,499 727 10,751 (29) 609 1,312 1,377 (1,586) (103) (1,240) (659) (77) 27 876 (2,082) (6) (306) 2,821 28 (3,538) (239) 1,342 1,753 388 2,060 (2,228) (3,369) 2,688 2,596 1,120 2,471 738 (117) 444.7 (169) 261.6 1,630.9 500.8 2,176.3 173.1 422.5 546.9 (231.9) (1,727.8) 2,079 (390.6) (574.6) 606.9 520.3 (622.7) 524.7 (217.8) 477.2 (142.7) 314.5 (1,215.5) 956.4 116 (30.5) (924.7) 2,102.7 (724.3) (972.5) (105.7) 751.7 (547.5) (154.7) (286.7)
Financing Cash Flow 0 (634) 68 (2,198) 512 (1,305) 134 (5,901) (1,447) (4,857) (217) 4,996 1,139 (1,667) (1,333) (5,222) 108 5,405 1,105 (2,063) 4,390 (860) 8,221 1,872 384 (139) 1,297 (881) (744) (917) (863) 780 (660) 166 (1,765) (79) (955) 2,699 2,234 (3,135) (551) 862 1,780 275 1,603 (2,347) (4,067) 2,725 2,376 616 1,751 246 (791) 954.9 (191) (1,054.6) 824.1 (188.5) 1,331.6 936.6 1,133.8 89.6 426.0 (369.4) 1,939.8 (748.1) (1,484.6) 78.6 211.4 (149.6) 906.3 568.6 (310.3) (140.9) 427.4 (1,735.1) (147.8) (308.6) 1,240.4 20.9 1,550 (202.7) (537.3) 860.2 1,677.2 971 157.7 (425.2)
Cash Position
Net Change in Cash (5,039) (249) (504) (1,012) 411 1,581 (323) (4,367) 1,390 (2,111) (511) 4,452 312 (1,563) (6,017) (9,129) (910) 7,088 1,630 (896) 4,626 (2,170) 8,456 (963) 1,701 536 100 (1,080) (1,278) 179 (1,176) 991 (359) 573 (2,688) 1,101 (822) 3,930 1,108 (3,145) 108 (148) 696 204 134 (428) (2,601) 2,292 362 (269) 423 (58) (119) (234.9) 396 (244.8) (22.3) (282.9) 386.8 345.4 (283.7) (50) 46.5 (283.9) 409 (858.4) 339.4 (44) 0 0 0 (1,901.8) 0 0 0 (2,028.4) 0 0 0 (1,822.3) 0 0 0 (1,600.7) 0 0 0 (1,495.5)
Cash at Beginning 5,039 5,288 5,792 6,804 6,393 4,812 5,135 9,502 8,112 10,223 10,734 6,282 5,970 7,533 13,550 22,679 23,589 16,501 14,871 15,767 11,141 13,311 4,855 5,818 4,117 3,581 3,481 4,561 5,839 5,660 6,836 5,845 6,204 5,631 8,319 7,218 8,040 4,110 3,002 6,147 1,687 1,835 1,139 1,661 1,527 1,955 4,556 2,264 1,902 2,171 1,748 1,806 1,925 2,160.1 1,764 2,008.8 1,519.1 2,241.9 1,855.1 1,509.8 1,485.7 1,535.7 1,489.2 1,773.1 1,364.1 2,222.5 1,883.1 1,927.1 0 0 0 1,901.8 0 0 0 2,028.4 0 0 0 1,822.3 0 0 0 1,600.7 0 0 0 1,495.5
Cash at End 0 5,039 5,288 5,792 6,804 6,393 4,812 5,135 9,502 8,112 10,223 10,734 6,282 5,970 7,533 13,550 22,679 23,589 16,501 14,871 15,767 11,141 13,311 4,855 5,818 4,117 3,581 3,481 4,561 5,839 5,660 6,836 5,845 6,204 5,631 8,319 7,218 8,040 4,110 3,002 1,795 1,687 1,835 1,865 1,661 1,527 1,955 4,556 2,264 1,902 2,171 1,748 1,806 1,925.3 2,160 1,764 1,496.7 1,959.0 2,241.9 1,855.1 1,202 1,485.7 1,535.7 1,489.2 1,773.1 1,364.1 2,222.5 1,883.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 0 (302) 449 266 (389) 1,015 67 (245) 1,062 (217) (188) 441 573 376 334 (727) 409 187 (173) 141 180 (46) 31 684 197 411 372 24 624 329 235 338 219 184 231 392 72 141 (31) 221 197 157 203 104 196 314 282 420 246 253 556 (9) 374 375.3 278 210.0 131.3 323.4 129.8 142.7 295.3 335.9 121.4 249.0 228.7 103.1 389.8 (67.3) 48.6 268.8 20.1 237 186.9 232.1 32.3 823.2 (473.1) 245.4 (74.5) 91.5 147.8 118.1 62.1 297.5 (29.8) 0.5 (32.7) 380.6
Key Metrics 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 1999 Q4
Income Statement
Revenue 1,205 1,210 1,205 1,178 1,217 1,259 1,262 1,255 1,247 1,398 1,377 1,231 1,154 1,028 845 713 763 769 763 729 754 736 758 846 919 967 977 948 954 909 898 834 863 854 805 767 751 752 741 716 728 708 701 685 664 649 659 640 660 667 665 659 660 657 681 683 663 664 633 641 658 642 670 670 673 826 850 786 890 975 979 1,100 1,171 1,182 1,158 1,104 1,135 1,088 1,050 967 1,026 934 874 817 794 764 773 763 780 853 940 927 970.3 1,077 1,110.4 1,064.6 1,193.0 1,152.6 1,126.2 924.7
Gross Profit 836 816 805 809 804 797 824 770 770 882 891 960 987 957 819 711 775 797 884 895 751 705 580 339 796 807 809 857 848 833 867 781 813 797 759 725 687 706 664 543 644 656 631 649 638 622 623 606 625 632 623 613 612 602 627 626 616 589 548 553 563 468 490 434 334 389 388 404 395 541 514 554 609 688 698 682 698 682 678 701 802 757 700 669 690 657 656 600 600 608 685 620 682.4 692 610.3 593.6 704.4 682.9 671.5 558.1
Operating Income 219 227 244 225 217 235 269 167 52 327 356 409 446 455 337 238 289 332 421 448 278 267 146 (78) 351 372 385 424 400 381 419 335 330 334 302 268 226 213 146 85 157 199 199 195 219 227 221 203 152 215 207 197 185 153 193 178 129 126 137 138 126 66 93 30 (71) (10) (41) 7 2 27 91 151 161 265 287 275 285 283 287 272 315 346 317 295 310 285 284 231 221 248 299 272 311.0 320 160.3 298.7 329.0 316.7 304.7 270.4
Net Income 176 176 199 172 170 184 206 138 33 251 273 324 350 351 261 189 228 262 328 350 215 217 118 (59) 269 292 298 339 310 318 326 281 112 226 203 202 164 149 104 60 116 136 135 134 149 154 151 139 117 147 143 134 130 117 143 130 96 98 96 103 96 59 70 52 (29) 19 18 9 20 28 56 109 119 181 196 190 299 200 200 194 207 238 217 199 207 196 192 162 158 170 206 184 199.0 208 93.6 194.2 215.1 206.1 197.0 175.7
EPS (Diluted) 1.27 1.35 1.42 1.25 1.22 1.33 1.49 0.99 0.20 1.84 2.02 2.40 2.58 2.60 1.92 1.37 1.66 1.90 2.32 2.43 1.53 1.49 0.84 -0.42 1.85 1.96 1.94 2.12 1.87 1.86 1.87 1.59 0.64 1.26 1.13 1.11 0.91 0.84 0.58 0.34 0.64 0.74 0.74 0.73 0.80 0.82 0.80 0.73 0.62 0.78 0.76 0.70 0.68 0.61 0.73 0.66 0.48 0.51 0.53 0.57 0.53 0.33 0.39 -0.46 -0.19 -0.10 -0.10 -0.16 0.02 0.19 0.37 0.72 0.79 1.18 1.25 1.19 1.89 1.23 1.22 1.18 1.24 1.41 1.28 1.16 1.20 1.13 1.10 0.92 0.89 0.97 1.00 0.88 1.11 1.13 0.50 1.08 1.17 1.15 1.08 1.04
Balance Sheet
Cash & Equivalents 866 5,039 5,288 5,792 6,804 6,393 4,812 5,135 9,502 8,112 10,223 10,734 6,282 5,970 7,533 13,550 22,679 23,589 16,501 14,871 15,767 11,141 13,311 4,855 5,818 4,117 3,581 3,481 4,561 5,839 5,660 6,836 5,845 6,204 5,631 8,319 7,218 8,040 4,110 3,002 4,225 4,629 5,617 4,490 3,510 1,271 1,865 1,661 1,527 4,556 2,264 1,902 2,171 2,160.1 1,763.9 2,008.8 1,930.7 1,519.1 1,743.6 1,444.1 1,202.0 1,485.7 1,535.7 1,489.2 1,773.1 1,364.1 2,222.5 1,886.8 1,927.1 1,889.4 1,957.9 1,770.7 1,929.1 1,842.7 1,906 1,233.4 2,052 1,575.9 1,787.2 1,809.1 2,201.2 1,686.3 1,952.3 2,378.5 2,627.2 2,313 2,166.7 2,651.5
Total Assets 80,074 77,376 77,988 77,622 79,297 79,663 79,597 79,444 85,834 85,706 90,761 91,127 85,406 84,143 86,889 89,165 94,616 94,529 88,355 86,291 88,129 83,631 84,397 76,337 73,402 72,848 72,537 70,690 70,818 71,448 71,987 72,335 71,567 72,017 71,447 72,976 72,978 74,124 71,280 69,007 55,885 57,106 59,263 63,630 67,370 60,022 54,543 54,468 52,592 58,727 55,805 53,301 52,566 49,733.4 49,288.3 50,270.2 49,534.1 40,885.4 41,065.5 39,660.3 38,653.3 37,285 36,950.5 36,447.5 36,600.8 34,376.2 35,050 36,492.4 36,292.4 35,904.9 35,854.3 34,867.7 34,206.1 34,341.7 35,386.1 35,023.5 35,469.9 35,348.5 35,451.5 34,108.9 33,429.9 31,803.6 31,609 32,169.2 30,294.9 28,469.9 27,404 26,426.7
Total Debt 5,424 5,422 8,687 6,958 6,673 6,786 8,362 7,121 9,771 10,861 16,519 18,100 6,235 3,524 2,630 2,682 2,796 2,837 2,854 2,852 5,728 5,764 7,273 9,697 7,340 7,362 8,291 7,783 6,507 6,502 5,641 5,642 4,632 5,146 5,684 5,194 5,185 5,902 5,933 3,623 9,241 10,404 11,522 14,061 16,819 11,719 4,807 4,848 5,063 5,762 5,613 5,756 6,176 6,898.1 6,734.2 7,969.1 10,352.6 10,936.0 11,565.8 12,245.0 11,347.9 10,567.8 10,976.8 10,265.5 8,862.5 8,961.8 9,253.7 10,038 10,479.3 10,706.4 10,105.1 9,656.1 8,731 9,453.7 9,190.7 8,918.8 9,318.6 10,378.1 10,758 9,321.2 8,303.2 8,786.4 8,355.8 7,885.1 6,861.2 5,789.5 4,242.2 3,800.5
Stockholders' Equity 7,707 7,429 6,860 7,052 6,543 7,366 6,161 6,050 6,406 4,972 5,595 5,994 5,181 5,069 6,435 7,036 7,897 7,803 7,931 8,152 8,050 7,874 7,802 7,402 7,327 7,200 7,323 7,409 7,507 7,786 8,079 8,000 7,963 8,034 7,985 7,930 7,796 7,727 7,694 7,644 5,792 5,668 7,029 7,093 7,183 5,077 4,934 5,093 5,110 5,086 5,003 4,947 4,870 4,797.8 4,750.9 4,668.5 4,500.2 3,845.7 3,694.3 3,565.3 3,474.6 3,363.4 3,247.2 3,158.8 3,046.6 2,940 2,826.8 2,826.9 2,761.8 2,744.4 2,668.2 2,569.4 2,615.6 2,598.9 2,866.2 2,711.4 2,607.7 2,553 2,484.7 2,512.7 2,391.8 2,385.7 2,346.3 2,317.9 2,181.7 2,209.3 2,157.4 2,061.6
Cash Flow
Operating Cash Flow 0 (270) 476 273 (354) 1,049 111 (205) 1,122 (178) (155) 462 597 393 358 (710) 429 202 (156) 159 208 (24) 45 699 221 444 385 40 649 353 256 358 245 200 246 404 96 158 (4) 248 188 232 226 126 217 334 293 436 258 282 577 7 388 341.9 286 221.9 138.4 340.9 148.0 151.9 304 341.2 133.3 258.1 234.8 115.8 402.1 (62.8) 58.7 278.7 25.4 242.7 185.7 247.8 51.1 835.9 (460) 257.7 (58.5) 112.4 160.8 145.4 84.1 313.7 (1.9) 16.6 (8.1) 391.3
Capital Expenditure 0 (32) (27) (7) (35) (34) (44) (40) (60) (39) (33) (21) (24) (17) (24) (17) (20) (15) (17) (18) (28) (22) (14) (15) (24) (33) (13) (16) (25) (24) (21) (20) (26) (16) (15) (12) (24) (17) (27) (27) 9 (75) (23) (22) (21) (20) (11) (16) (12) (29) (21) (16) (14) 0 (8) (11.9) (7.1) (17.5) (18.3) (9.3) (8.7) (5.3) (12.0) (9.0) (6.1) (12.7) (12.3) (4.5) (10.1) (9.9) (5.3) (5.7) 1.2 (15.7) (18.8) (12.7) (13.1) (12.3) (16) (20.9) (13) (27.3) (22) (16.2) (27.9) (16.1) (24.6) (10.7)
Free Cash Flow 0 (302) 449 266 (389) 1,015 67 (245) 1,062 (217) (188) 441 573 376 334 (727) 409 187 (173) 141 180 (46) 31 684 197 411 372 24 624 329 235 338 219 184 231 392 72 141 (31) 221 197 157 203 104 196 314 282 420 246 253 556 (9) 374 375.3 278 210.0 131.3 323.4 129.8 142.7 295.3 335.9 121.4 249.0 228.7 103.1 389.8 (67.3) 48.6 268.8 20.1 237 186.9 232.1 32.3 823.2 (473.1) 245.4 (74.5) 91.5 147.8 118.1 62.1 297.5 (29.8) 0.5 (32.7) 380.6