Cummins Inc. logo CMI - Cummins Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 26
HOLD 24
SELL 1
STRONG
SELL 0
| PRICE TARGET: $680.73 DETAILS
HIGH: $845.00
LOW: $540.00
MEDIAN: $696.00
CONSENSUS: $680.73
UPSIDE: 6.44%
Annual Quarterly
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 8,398 8,536 8,317 8,643 8,174 8,447 8,456 8,796 8,403 8,543 8,431 8,638 8,453 7,770 7,333 6,586 6,385 5,850 5,968 6,111 6,092 5,830 5,118 3,852 5,011 5,578 5,768 6,221 6,004 6,126 5,943 6,132 5,570 5,476 5,285 5,078 4,589 4,503 4,187 4,528 4,291 4,766 4,620 5,015 4,709 5,090 4,890 4,835 4,406 4,588 4,266 4,525 3,922 4,292 4,118 4,452 4,472 4,921 4,626 4,641 3,860 4,139 3,401 3,208 2,478 3,400 2,530 2,431 2,439 3,288 3,693 3,887 3,474 3,516 3,372 3,343 2,817 3,033 2,809 2,842 2,678 2,753 2,467 2,490 2,208 2,349 2,194 2,124 1,771 1,736 1,539 1,414 1,458 1,463 1,461 1,349 1,608 1,572 1,769 1,648
Cost of Revenue 6,155 6,585 6,188 6,362 6,019 6,413 6,285 6,603 6,362 6,542 6,360 6,490 6,424 5,951 5,691 4,860 4,853 4,533 4,554 4,633 4,606 4,469 3,769 2,962 3,717 4,265 4,274 4,580 4,472 4,580 4,392 4,692 4,370 4,102 3,944 3,827 3,457 3,383 3,108 3,331 3,235 3,554 3,412 3,683 3,514 3,817 3,606 3,630 3,307 3,424 3,185 3,372 2,965 3,234 3,076 3,242 3,274 3,680 3,438 3,438 2,903 3,155 2,571 2,455 1,877 2,627 2,027 1,983 1,994 2,754 2,873 3,008 2,767 2,834 2,720 2,673 2,265 2,363 2,192 2,196 2,079 2,134 1,906 1,940 1,752 1,876 1,760 1,696 1,426 1,400 1,263 1,179 1,181 1,198 1,192 1,117 1,345 1,262 1,418 1,313
Gross Profit 2,243 1,951 2,129 2,281 2,155 2,034 2,171 2,193 2,041 2,001 2,071 2,148 2,029 1,819 1,642 1,726 1,532 1,317 1,414 1,478 1,486 1,361 1,349 890 1,294 1,313 1,494 1,641 1,532 1,546 1,551 1,440 1,200 1,374 1,341 1,251 1,132 1,120 1,079 1,197 1,056 1,212 1,208 1,332 1,195 1,273 1,284 1,205 1,099 1,164 1,081 1,153 957 1,058 1,042 1,210 1,198 1,241 1,188 1,203 957 984 830 753 601 773 503 448 445 534 820 879 707 682 652 670 552 670 617 646 599 619 561 550 456 473 434 428 345 336 276 235 277 265 269 232 263 310 351 335
Operating Expenses
R&D Expenses 358 350 345 357 344 356 359 379 369 390 376 384 350 333 348 299 298 288 266 276 260 255 224 189 238 271 242 251 237 244 229 219 210 207 213 174 158 158 157 155 166 177 197 166 195 187 198 179 190 181 173 177 182 174 186 187 181 179 164 157 129 123 103 96 92 108 90 79 85 102 113 104 103 93 82 74 80 78 81 80 82 71 71 73 63 66 60 59 56 52 50 37 55 56 58 53 64 62 59 59
SG&A Expenses 845 786 789 779 754 801 807 828 809 751 831 873 722 742 708 622 615 629 571 600 574 576 533 470 546 632 600 629 593 643 604 613 577 633 633 606 547 519 513 524 490 508 530 537 517 568 529 513 485 500 464 484 444 482 456 487 475 496 489 463 389 423 375 354 335 348 304 287 300 335 388 370 351 359 340 314 283 334 291 294 301 313 286 287 259 281 260 251 223 227 200 172 186 185 183 183 197 195 190 194
Other Expenses 91 175 0 (81) (77) 145 (45) (59) (60) 2,072 (86) (106) (69) (58) (40) (92) 15 (95) (89) (133) (158) (99) (78) (105) (124) 56 (47) (87) (97) (72) (85) (114) (117) (61) (127) (116) (113) (64) 25 (49) (70) 298 (76) (94) (65) (63) (102) (99) (89) (70) (80) (118) (83) (63) (93) (112) (106) (179) (104) (185) (90) (87) (83) (93) (72) (68) (38) (39) 31 (5) (64) (63) (66) (75) (59) (59) (34) (38) (33) (37) (32) 0 0 (41) (34) 0 0 0 0 0 0 (7) 2 0 125 0 160 0 0 0
Operating Expenses 1,294 1,311 1,134 1,055 1,021 1,302 1,121 1,148 1,118 3,213 1,121 1,151 1,003 1,017 1,016 829 928 822 748 743 676 732 679 554 660 959 795 793 733 815 748 718 670 779 719 665 592 613 695 630 586 983 651 609 647 692 625 593 586 611 557 543 543 593 549 562 550 496 549 435 428 459 395 357 355 388 356 327 416 432 437 411 388 377 363 329 329 374 339 337 351 384 357 319 288 347 320 310 279 279 250 202 243 241 366 236 421 257 249 253
Operating Income
Operating Income 949 640 995 1,226 1,134 732 1,050 1,045 923 (1,212) 950 997 1,026 802 626 897 604 495 666 735 810 629 670 336 634 354 699 848 799 731 803 722 530 595 622 586 540 507 384 567 470 229 557 723 548 581 659 612 513 553 524 610 414 465 493 648 648 745 639 768 529 525 435 396 246 385 147 121 29 102 383 468 319 305 289 341 223 296 278 309 248 235 204 231 168 126 114 118 66 57 26 33 34 24 (97) (4) (158) 53 102 82
Interest Expense 76 82 83 87 77 89 83 109 89 92 97 99 87 87 61 34 17 26 28 29 28 29 25 23 23 22 26 29 32 32 30 28 24 24 18 21 18 18 16 16 19 18 16 17 14 17 15 15 17 19 8 8 6 7 9 8 8 10 11 13 10 11 11 9 9 9 9 10 7 0 0 12 11 0 0 0 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 29 52 60 34 47 53 52 56 72 62 49 49 31 7 8 37 22 26 22 6 16 18 37 8 19 27 25 67 22 24 24 56 4 5 2 46 6 6 6 46 9 6 5 46 6 6 5 42 6 10 5 5 5 7 8 9 9 10 6 7 6 5 3 3 2 1 2 0 0 4 6 0 0 0 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 888 1,141 1,190 1,591 1,463 1,022 1,392 1,349 2,575 (874) 1,232 1,305 1,362 1,105 885 1,056 756 705 863 975 981 838 877 550 846 564 959 1,058 1,034 897 983 897 701 770 789 765 705 665 530 722 612 361 706 847 690 754 797 769 633 668 641 723 535 579 587 755 743 850 724 855 611 622 527 483 345 471 239 187 104 131 458 552 390 380 362 415 291 370 352 383 322 314 276 304 239 198 183 185 124 113 80 81 89 80 87 55 62 116 162 139
EBIT 888 873 913 1,312 1,194 751 1,126 1,086 2,310 (1,138) 975 1,048 1,116 865 669 889 595 540 703 808 811 664 711 385 678 385 781 900 877 742 835 743 547 620 640 620 566 526 398 591 484 230 577 721 562 629 684 657 528 566 536 621 437 480 496 669 658 768 640 775 532 541 449 401 266 383 155 109 28 50 383 469 315 305 289 341 223 296 278 309 248 235 204 231 168 126 114 118 66 57 26 26 36 24 28 (4) 2 53 102 82
Income Before Tax 934 791 830 1,225 1,117 662 1,043 977 2,221 (1,230) 878 949 1,029 778 608 855 578 514 675 779 783 635 686 362 655 363 755 871 845 710 805 715 523 596 622 599 548 508 382 575 465 212 561 704 548 612 669 642 511 547 528 613 431 473 487 661 650 758 629 762 522 530 438 392 257 374 146 99 21 47 370 457 304 310 292 340 227 283 273 299 228 243 213 207 135 142 118 121 51 34 19 (22) 29 13 (117) (29) (184) 39 86 62
Income Tax Expense 254 171 271 297 267 217 200 225 193 163 188 212 223 134 199 148 155 114 134 167 172 125 182 93 127 65 139 186 176 100 107 161 198 905 165 158 143 112 82 148 132 34 169 208 144 145 230 170 153 86 154 172 119 75 117 166 175 186 157 225 157 139 129 122 87 84 36 29 7 (12) 123 147 102 97 97 112 75 80 92 67 85 63 61 58 34 12 (4) 34 14 7 5 (50) 6 2 (39) (7) (67) 9 22 17
Net Income 654 593 536 890 824 418 809 726 1,993 (1,431) 656 720 790 631 400 702 418 394 534 600 603 501 501 276 511 300 622 675 663 579 692 545 325 (274) 453 424 396 378 289 406 321 161 380 471 387 444 423 446 338 432 355 414 282 369 352 469 455 548 452 505 343 362 283 246 149 270 95 56 7 43 229 293 190 198 184 214 143 189 171 220 135 167 145 141 97 119 116 82 33 43 14 59 16 3 (82) (26) (120) 25 61 42
Per Share Data
EPS (Basic) 4.73 4.29 3.88 6.46 5.99 3.04 5.90 5.30 14.10 -10.08 4.63 5.08 5.58 4.47 2.83 4.97 2.94 2.76 3.72 4.14 4.10 3.39 3.39 1.87 3.42 1.98 3.99 4.29 4.22 3.68 4.29 3.33 1.97 -1.66 2.72 2.53 2.36 2.26 1.72 2.41 1.87 0.92 2.15 2.63 2.14 2.45 2.32 2.44 1.83 2.34 1.91 2.20 1.50 1.96 1.87 2.47 2.39 2.84 2.35 2.61 1.75 1.85 1.45 1.25 0.75 1.36 0.48 0.28 0.04 0.22 1.17 1.50 0.97 1.00 0.93 1.07 0.72 0.94 0.85 1.20 0.76 0.82 0.82 0.80 0.55 0.70 0.68 0.49 0.20 0.23 0.09 0.38 0.08 0.02 -0.54 -0.17 -0.79 0.16 0.40 0.27
EPS (Diluted) 4.71 4.27 3.85 6.42 5.96 3.02 5.86 5.26 14.03 -10.08 4.59 5.05 5.55 4.43 2.82 4.94 2.92 2.76 3.69 4.10 4.07 3.36 3.36 1.86 3.41 1.97 3.97 4.27 4.20 3.68 4.28 3.32 1.96 -1.65 2.71 2.53 2.36 2.25 1.72 2.40 1.87 0.92 2.14 2.62 2.14 2.45 2.32 2.43 1.83 2.34 1.90 2.20 1.49 1.96 1.86 2.47 2.38 2.84 2.35 2.60 1.75 1.85 1.44 1.25 0.75 1.36 0.48 0.28 0.04 0.22 1.17 1.49 0.97 1.00 0.92 1.06 0.71 0.94 0.84 1.10 0.66 0.82 0.73 0.71 0.48 0.70 0.60 0.44 0.17 0.23 0.09 0.38 0.08 0.02 -0.54 -0.17 -0.79 0.16 0.40 0.27
Shares Outstanding 138.3 138.2 137.8 137.7 137.6 137.4 137.2 137.1 141.3 141.9 141.8 141.7 141.5 141.3 141.1 141.2 142.2 142.5 143.5 145.1 147 148 147.9 147.6 149.3 151.5 155.9 157.4 157.2 157.2 161.3 163.8 164.9 165.4 166.3 167.3 167.5 167.6 167.8 168.8 171.8 175.5 177 179.2 180.6 181 182.2 182.8 184.3 184.7 186 187.8 188.4 188.3 188.6 189.8 190.4 190.5 192.1 193.8 195.5 195.8 195.8 196.9 198.4 198.5 197.4 197.1 196.8 194.5 194.9 195.2 195.1 196.8 197.8 199.9 200 200.1 201.2 183.3 177.2 204.8 177.4 176.2 175.6 171.2 171.2 166.5 162 189.2 164.7 155.6 156.1 150.5 153.3 152.8 152.8 151.5 150.6 152.8
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 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 2,614 2,845 2,566 2,319 1,532 1,671 1,733 1,590 2,541 2,179 2,387 1,802 1,980 2,101 2,499 2,462 2,276 2,592 2,588 2,481 2,958 3,401 2,967 1,751 1,691 1,129 1,560 1,397 1,328 1,303 1,222 1,318 1,207 1,369 1,290 1,293 1,322 1,120 1,251 1,045 915 924 885 930 534 353 624 322 131 108 59 66 224 101 115 104 94 62 94 74 68 74 60 67 45 38 63 40 48 49 61 111 81 108 79 169 153 60 77 93 95 146.9 167.6 150.1 94.9 77.3 55.7 60.2 69
Short-Term Investments 568 764 593 755 626 593 518 593 510 562 452 512 459 472 466 536 527 595 430 438 397 461 345 353 339 341 303 335 246 222 185 214 180 198 154 174 145 260 250 235 359 269 217 190 17 65 120 86 83 87 71 73 74 0 0 0 0 0 0 0 0 0 0 0 0 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 6,528 5,818 5,640 5,874 5,680 5,181 5,387 5,606 5,463 5,583 5,662 5,863 5,834 5,202 4,799 4,156 4,368 3,990 4,152 4,132 4,209 3,820 3,628 3,441 3,505 3,670 3,934 4,179 4,025 3,866 3,929 4,095 3,845 3,618 3,810 3,553 3,247 3,025 2,873 3,023 2,915 2,052 1,727 2,004 1,725 1,729 2,025 1,200 996 772 904 863 805 1,006 778 849 773 724 1,097 1,138 1,159 1,026 1,104 1,015 962 833 930 975 926 771 814 805 730 669 728 699 602 597 579 613 612 504.3 495.8 482.4 472.7 426.3 439.7 428.6 440.7
Inventory 6,126 5,822 6,256 6,287 6,123 5,742 6,134 5,857 5,758 5,677 5,906 6,026 5,878 5,603 5,543 4,765 4,586 4,355 4,322 4,076 3,753 3,425 3,470 3,655 3,579 3,486 3,821 3,896 3,893 3,759 3,831 3,559 3,411 3,166 3,146 2,982 2,894 2,675 2,820 2,778 2,759 1,652 1,549 1,341 1,535 1,738 1,770 936 863 733 726 699 641 696 743 711 759 770 797 822 840 787 799 760 733 731 781 767 781 677 634 633 615 587 621 575 542 513 569 580 555 514.4 541.8 508.9 485.6 440.2 458.1 462.6 463.9
Other Current Assets 1,543 1,676 1,665 1,698 1,579 1,565 1,544 1,316 1,348 1,197 272 1,207 1,217 128 0 0 0 120 0 0 0 172 0 0 0 0 0 0 0 117 0 0 0 152 0 0 0 192 0 0 6 312 302 244 364 353 265 388 382 430 280 261 238 228 319 278 280 274 292 294 283 293 279 274 283 274 193 199 197 213 200 201 196 189 220 214 219 218 138 131 133 132.4 141.8 136.3 131.6 127.9 130.7 133.5 127.5
Total Current Assets 17,379 16,925 16,720 16,933 15,540 14,752 15,316 14,962 15,620 15,198 15,912 15,410 15,368 14,451 14,398 12,762 12,596 12,309 12,320 11,931 12,122 11,897 11,062 9,834 9,790 9,387 10,228 10,450 10,091 9,818 9,863 9,835 9,201 8,928 9,056 8,602 8,159 7,707 7,794 7,630 7,468 5,445 4,920 5,003 4,373 4,434 4,947 2,831 2,455 2,130 2,040 1,962 1,982 2,031 1,955 1,942 1,906 1,830 2,280 2,328 2,350 2,180 2,242 2,116 2,023 1,876 1,967 1,981 1,952 1,710 1,709 1,750 1,622 1,553 1,648 1,657 1,516 1,388 1,363 1,417 1,395 1,298 1,347 1,277.7 1,184.8 1,071.7 1,084.2 1,084.9 1,101.1
Non-Current Assets
Property, Plant & Equipment 7,453 7,495 7,210 7,095 6,407 6,888 6,688 6,507 6,466 6,750 5,801 5,723 6,079 5,521 5,201 4,389 4,821 4,422 4,640 4,632 4,662 4,255 4,087 4,067 4,128 4,741 4,056 4,077 4,066 4,096 3,870 3,824 3,892 3,927 3,816 3,787 3,802 3,800 3,677 3,703 3,712 1,838 1,862 1,886 1,860 1,833 1,544 1,580 1,544 1,347 1,256 1,269 1,305 1,312 1,416 1,434 1,600 1,598 1,595 1,602 1,617 1,630 1,616 1,626 1,655 1,671 1,641 1,664 1,635 1,532 1,424 1,396 1,337 1,286 1,163 1,138 1,134 1,148 1,123 1,113 1,102 1,089.9 997.9 977.3 962.6 958.2 920.6 924.8 925
Goodwill 2,219 2,224 2,222 2,433 2,397 2,370 2,412 2,394 2,406 2,499 2,379 2,404 2,365 2,343 2,229 1,391 1,286 1,287 1,289 1,291 1,290 1,293 1,288 1,284 1,283 1,286 1,288 1,125 1,125 1,126 1,110 1,079 1,085 1,082 1,036 488 482 480 482 481 485 363 365 364 362 607 371 0 0 0 0 0 0 344 345 348 351 354 360 359 362 364 377 380 380 384 384 384 0 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 2,193 2,167 2,345 2,395 2,401 2,351 2,462 2,502 2,455 2,519 2,518 2,584 2,640 2,687 2,602 1,054 917 900 921 942 964 963 990 1,017 965 1,003 1,022 901 895 909 950 940 960 973 964 339 345 332 319 328 344 225 239 228 241 0 160 440 448 436 436 436 439 96 376 378 381 380 264 258 251 249 354 345 339 331 248 191 558 165 210 207 205 204 204 203 198 194 137 128 128 128.3 169.5 169.5 169.7 170 87.1 87.6 87.5
Long-Term Investments 2,221 2,133 1,972 2,018 1,990 1,889 1,922 1,828 1,774 1,800 1,785 1,861 1,860 1,759 1,826 1,544 1,592 1,538 1,543 1,494 1,592 1,441 1,418 1,362 1,304 1,237 1,250 1,274 1,303 1,222 1,255 1,303 1,288 1,156 1,213 1,162 1,059 946 1,077 1,073 1,053 622 638 574 527 526 448 250 265 339 303 278 264 236 336 350 357 0 375 346 335 0 289 303 294 0 288 308 351 0 336 304 302 0 286 0 0 0 255 221 184 0 198 187 201 0 0 0 0
Other Non-Current Assets 1,902 1,985 2,094 2,092 3,796 2,171 2,179 2,118 2,156 2,157 2,202 2,986 2,433 2,913 3,041 2,812 2,416 2,826 1,939 1,882 1,893 2,296 1,713 1,752 2,313 1,642 2,201 1,467 1,427 962 922 1,534 908 966 995 1,030 1,002 1,746 1,014 1,041 1,002 340 332 325 259 271 196 197 213 211 210 202 207 178 336 350 357 338 375 346 335 274 289 303 294 280 288 308 351 346 336 304 302 326 286 272 288 326 255 221 184 190.1 197.6 186.9 200.9 190.7 213.7 181.6 184.7
Total Non-Current Assets 17,066 17,067 16,918 17,326 16,991 16,788 16,736 16,358 16,207 16,807 16,185 16,325 16,065 15,848 15,371 11,715 11,526 11,401 10,743 10,677 10,840 10,727 10,506 10,480 10,286 10,350 10,118 9,804 9,755 9,244 9,129 9,080 9,191 9,147 8,936 7,658 7,475 7,304 7,342 7,390 7,359 3,765 3,849 3,813 3,748 3,744 3,085 3,130 3,133 2,996 2,845 2,825 2,855 2,588 2,473 2,510 2,689 2,670 2,594 2,565 2,565 2,517 2,636 2,654 2,668 2,666 2,561 2,547 2,544 2,055 1,970 1,907 1,844 1,816 1,653 1,613 1,620 1,668 1,515 1,462 1,414 1,408.3 1,365 1,333.7 1,333.2 1,318.9 1,221.4 1,194 1,197.2
Total Assets 34,445 33,992 33,638 34,259 32,531 31,540 32,052 31,320 31,827 32,005 32,097 31,735 31,433 30,299 29,769 24,477 24,122 23,710 23,063 22,608 22,962 22,624 21,568 20,314 20,076 19,737 20,346 20,254 19,846 19,062 18,992 18,915 18,392 18,075 17,992 16,260 15,634 15,011 15,136 15,020 14,827 9,210 8,769 8,816 8,121 8,178 8,032 5,961 5,588 5,126 4,885 4,787 4,837 4,619 4,428 4,452 4,595 4,500 4,874 4,893 4,915 4,697 4,878 4,770 4,691 4,542 4,528 4,528 4,496 3,765 3,679 3,657 3,466 3,369 3,301 3,270 3,136 3,056 2,878 2,879 2,809 2,706.3 2,712 2,611.4 2,518 2,390.6 2,305.6 2,278.9 2,298.3
Current Liabilities
Account Payables 4,433 3,800 3,819 4,151 4,311 3,951 4,206 4,405 4,476 4,260 4,262 4,308 4,636 4,252 4,000 3,405 3,497 3,021 3,210 3,172 3,279 2,820 2,597 2,281 2,648 2,534 2,830 2,991 3,018 2,822 2,980 2,981 2,854 2,579 2,486 2,300 2,168 1,854 1,781 1,825 1,809 1,213 1,030 957 773 912 1,345 890 765 557 543 520 427 536 423 430 439 388 417 463 523 411 453 415 381 340 408 399 458 386 402 406 378 380 390 414 379 376 296 357 351 321.9 308.9 301.1 284.9 267.5 252.5 265.8 272.8
Short-Term Debt 957 760 790 1,304 2,692 2,275 2,731 2,077 1,064 1,894 2,514 2,611 3,343 3,357 2,665 935 623 580 340 311 471 554 503 2,202 1,771 791 1,042 599 816 879 902 906 706 418 640 233 369 288 356 257 216 87 95 37 63 76 115 257 295 49 41 28 138 206 62 30 34 164 134 77 75 123 114 80 48 90 76 93 69 132 79 84 62 132 69 65 67 102 120 62 77 77.8 70 43.7 70 46 59.6 22.5 100.3
Deferred Revenue 1,591 1,606 1,600 1,620 1,506 1,347 1,225 1,311 1,236 1,220 1,029 1,017 1,040 1,004 921 871 883 855 806 805 773 691 540 523 527 533 545 505 509 498 500 479 489 500 528 520 498 468 460 433 425 142 144 128 364 353 542 0 0 0 640 640 0 422 0 0 0 660 0 0 0 740 0 0 0 628 0 0 0 519 0 0 0 493 0 0 0 545 0 0 0 412.9 0 0 0 0 0 0 0
Other Current Liabilities 597 825 770 657 523 1,084 2,031 2,146 3,859 4,041 2,065 2,051 510 1,886 2,012 1,745 1,742 1,710 1,660 1,527 1,525 1,576 1,401 1,375 1,497 560 1,558 1,529 1,465 1,379 1,345 1,168 1,422 1,369 1,430 1,366 1,293 1,303 1,318 353 302 0 308 366 0 0 0 0 0 0 0 463 0 0 632 690 682 11 681 770 774 40 728 751 684 13 698 634 582 18 560 624 543 16 585 566 548 30 504 513 477 27.4 453.1 440.5 417.7 386.8 382.2 442.8 428
Total Current Liabilities 10,167 9,610 9,454 10,315 11,575 11,234 11,603 11,144 11,686 12,903 11,126 11,045 11,923 11,421 10,530 7,671 7,512 7,084 6,861 6,604 6,660 6,335 5,709 6,916 6,982 6,260 6,725 6,289 6,427 6,384 6,416 6,104 5,832 5,677 5,758 4,894 4,662 4,325 4,308 4,150 3,917 2,807 2,486 2,432 2,114 2,281 2,704 2,055 1,885 1,391 1,322 1,237 1,329 1,351 1,117 1,150 1,155 1,223 1,232 1,310 1,372 1,314 1,295 1,246 1,113 1,071 1,182 1,126 1,109 1,055 1,041 1,114 983 1,021 1,044 1,045 994 1,053 920 932 905 840 832 785.3 772.6 700.3 694.3 731.1 801.1
Non-Current Liabilities
Long-Term Debt 6,729 6,792 6,824 6,807 4,669 4,784 4,856 5,426 5,771 4,802 4,950 5,089 4,409 4,498 5,450 3,490 3,502 3,579 3,602 3,620 3,620 3,531 3,609 1,639 1,580 1,576 1,619 1,624 1,605 1,597 1,563 1,556 1,571 1,588 1,615 1,564 1,576 1,568 1,593 1,614 1,614 669 640 637 617 651 549 1,299 1,231 1,380 1,035 1,067 999 795 920 915 1,255 1,032 1,313 1,255 1,227 1,092 1,166 1,118 1,213 1,137 1,202 1,168 1,181 522 538 468 459 283 259 262 222 117 148 154 153 154.9 184.2 188.4 188.3 189.6 406 387.5 324.7
Deferred Tax Liabilities 381 388 379 405 395 389 386 351 355 530 607 615 662 649 570 395 385 403 327 321 322 325 301 292 292 306 301 278 275 263 263 400 (1,463) 391 (764) (690) (636) (589) (717) (807) (762) 312 302 0 (1,015) (985) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,325 2,316 2,336 2,367 2,327 2,351 2,383 2,444 2,521 2,526 2,352 2,305 2,257 2,294 2,395 2,099 2,157 2,067 2,107 2,110 2,158 2,200 2,149 2,169 2,018 1,939 1,846 1,820 1,813 1,799 2,053 620 615 1,530 647 645 642 1,279 627 627 637 519 570 967 1,795 1,819 1,309 1,296 1,275 1,283 1,591 1,587 1,576 1,333 1,128 1,134 835 837 802 788 794 788 1,003 1,008 1,003 1,000 787 749 742 713 758 752 753 753 747 736 710 703 651 651 648 638.8 686.7 687.7 684.1 679.6 583.1 571.4 634.1
Total Non-Current Liabilities 10,906 10,974 11,086 11,071 8,985 8,998 9,108 9,600 10,040 9,198 9,293 9,334 8,629 8,653 9,629 7,151 7,247 7,225 7,199 7,211 7,271 7,300 7,218 5,268 5,076 5,012 4,868 4,769 4,692 4,419 4,516 4,617 4,264 4,234 3,673 3,544 3,496 3,512 3,564 3,675 3,650 2,243 2,231 2,364 2,412 2,470 1,858 2,595 2,506 2,663 2,626 2,654 2,575 2,128 2,048 2,049 2,090 1,869 2,115 2,043 2,021 1,880 2,169 2,126 2,216 2,137 1,989 1,917 1,923 1,235 1,296 1,220 1,212 1,036 1,006 998 932 820 799 805 801 793.7 870.9 876.1 872.4 869.2 989.1 958.9 958.8
Total Liabilities 21,073 20,584 20,540 21,386 20,560 20,232 20,711 20,744 21,726 22,101 20,419 20,379 20,552 20,074 20,159 14,822 14,759 14,309 14,060 13,815 13,931 13,635 12,927 12,184 12,058 11,272 11,593 11,058 11,119 10,803 10,932 10,721 10,096 9,911 9,431 8,438 8,158 7,837 7,872 7,825 7,567 5,050 4,717 4,796 4,526 4,751 4,562 4,650 4,391 4,054 3,948 3,891 3,904 3,479 3,165 3,199 3,245 3,092 3,347 3,353 3,393 3,194 3,464 3,372 3,329 3,208 3,171 3,043 3,032 2,290 2,337 2,334 2,195 2,057 2,050 2,043 1,926 1,873 1,719 1,737 1,706 1,633.7 1,702.9 1,661.4 1,645 1,569.5 1,683.4 1,690 1,759.9
Stockholders' Equity
Common Stock 2,602 556 556 556 556 556 556 2,582 556 556 2,558 2,532 556 2,243 2,214 2,423 2,411 2,427 2,412 2,405 2,393 2,404 2,385 2,353 2,335 2,346 2,322 2,307 2,273 2,271 2,151 2,239 2,217 2,210 2,198 2,184 2,163 2,153 2,209 2,196 2,076 1,833 1,826 1,825 1,738 1,732 276 121 121 121 121 121 121 121 121 121 121 122 122 121 122 121 120 121 121 120 120 120 120 120 119 119 119 110 110 110 110 110 109 109 109 109.4 109.2 109.1 109.1 0 0 0 0
Retained Earnings 22,994 22,616 22,300 22,040 21,401 20,828 20,660 20,101 19,605 17,851 19,520 19,102 18,605 18,037 17,628 17,450 16,952 16,741 16,555 16,228 15,825 15,419 15,118 14,811 14,728 14,416 14,315 13,897 13,401 12,917 12,519 12,009 11,641 11,464 11,791 11,517 11,265 11,040 10,833 10,716 10,473 3,900 3,689 3,575 3,280 3,260 2,488 658 588 569 526 530 569 553 577 586 680 718 851 839 790 760 748 707 660 648 628 752 708 713 649 607 565 535 495 478 444 406 384 348 289 232.2 171.2 114.4 53.5 4.1 (24.7) (62.6) (108)
Accumulated Other Comprehensive Income (2,377) (2,278) (2,211) (2,167) (2,366) (2,445) (2,174) (2,335) (2,264) (2,206) (2,051) (1,917) (1,823) (1,890) (2,013) (1,696) (1,515) (1,571) (1,911) (1,929) (1,937) (1,982) (2,107) (2,242) (2,250) (2,028) (2,040) (1,840) (1,739) (1,807) (1,799) (1,667) (1,397) (1,503) (1,504) (1,615) (1,732) (1,821) (1,632) (1,620) (1,417) (960) (955) (896) (932) (1,055) (526) (630) (615) (629) (632) (683) (684) (456) (359) (376) (370) (351) (363) (349) (318) (307) (374) (375) (372) (377) (330) (334) (299) (285) (289) (276) (289) (93) (114) (129) (131) (124) (122) (119) (110) (124.6) (128.5) (129.2) (144.7) (1,222.3) (1,221.3) (123.9) (1,193.6)
Total Stockholders' Equity 12,351 12,349 12,064 11,789 10,924 10,271 10,315 9,551 9,067 8,850 10,658 10,337 9,623 8,975 8,380 8,738 8,436 8,474 8,082 7,866 8,109 8,062 7,700 7,192 7,068 7,507 7,810 8,278 7,820 7,348 7,191 7,299 7,394 7,259 7,629 7,493 7,165 6,875 6,934 6,861 6,920 3,883 3,791 3,773 3,372 3,223 3,195 1,126 1,010 949 846 801 841 1,052 1,182 1,171 1,272 1,336 1,459 1,461 1,444 1,429 1,342 1,327 1,295 1,272 1,298 1,426 1,409 1,422 1,342 1,323 1,271 1,312 1,251 1,227 1,210 1,183 1,159 1,142 1,103 1,072.6 1,009.1 950 873 821.1 621.1 583.2 532.7
Total Liabilities & Equity 34,445 33,992 33,638 34,259 32,531 31,540 32,052 31,320 31,827 32,005 32,097 31,735 31,433 30,299 29,769 24,477 24,122 23,710 23,063 22,608 22,962 22,624 21,568 20,314 20,076 19,737 20,346 20,254 19,846 19,062 18,992 18,915 18,392 18,075 17,992 16,260 15,634 15,011 15,136 15,020 14,827 9,210 8,769 8,816 8,121 8,178 8,032 5,961 5,588 5,126 4,885 4,787 4,837 4,619 4,428 4,452 4,595 4,500 4,874 4,893 4,915 4,697 4,878 4,770 4,691 4,542 4,528 4,528 4,496 3,765 3,679 3,657 3,466 3,369 3,301 3,270 3,136 3,056 2,878 2,879 2,809 2,706.3 2,712 2,611.4 2,518 2,390.6 2,305.6 2,278.9 2,298.3
Debt Metrics
Total Debt 8,240 8,114 8,182 8,684 8,035 7,598 8,113 7,967 7,296 7,208 7,970 8,221 8,249 8,355 8,588 4,860 4,578 4,613 4,396 4,391 4,559 4,617 4,567 4,316 3,835 2,868 3,118 2,669 2,848 2,608 2,465 2,462 2,277 2,006 2,255 1,797 1,945 1,821 1,949 1,871 1,830 756 735 674 680 727 664 1,556 1,526 1,429 1,076 1,095 1,137 1,001 982 945 1,289 1,196 1,447 1,332 1,302 1,215 1,280 1,198 1,261 1,227 1,278 1,261 1,250 654 617 552 521 415 328 327 289 219 268 216 230 232.7 254.2 232.1 258.3 235.6 465.6 410 425
Net Debt 5,626 5,269 5,616 6,365 6,503 5,927 6,380 6,377 4,755 5,029 5,583 6,419 6,269 6,254 6,089 2,398 2,302 2,021 1,808 1,910 1,601 1,216 1,600 2,565 2,144 1,739 1,558 1,272 1,520 1,305 1,243 1,144 1,070 637 965 504 623 701 698 826 915 (168) (150) (256) 146 374 40 1,234 1,395 1,321 1,017 1,029 913 900 867 841 1,195 1,134 1,353 1,258 1,234 1,141 1,220 1,131 1,216 1,189 1,215 1,221 1,202 605 556 441 440 307 249 158 136 159 191 123 135 85.8 86.6 82 163.4 158.3 409.9 349.8 356
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 680 593 536 928 850 418 809 752 2,028 (1,393) 690 737 806 644 409 707 423 400 541 612 611 510 504 269 528 298 616 685 669 610 698 554 325 (309) 457 441 405 396 300 427 333 145 141 97 82 33 43 24 17 (34) 59 39 13 (29) 3 3 (82) (120) 25 61 42 25 53 58 24 29 (110) 53 7 64 54 53 41 41 26 44 49 42 46 69 67 70.2 61.9 66.2 54.6 52.6 40.7 48.2 41.1
Depreciation & Amortization 282 280 277 279 269 271 266 263 265 264 257 257 246 240 216 167 161 165 160 167 170 174 166 165 168 179 178 158 157 155 148 154 154 150 149 145 139 139 132 131 128 72 72 71 67 58 56 51 54 55 55 56 54 54 56 57 59 60 63 60 57 61 58 58 56 51 50 51 47 40 38 41 39 38 35 38 38 37 36 35 35 32.1 33.6 33 29 30.1 31.2 32.1 31.7
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 9 5 12 7 10 8 9 10 8 4 12 9 19 9 15 10 19 9 7 11 16 7 4 8 15 5 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (561) 631 204 (366) (981) 730 (470) (1,845) (606) 2,788 479 (355) (494) (246) (79) (221) (460) 160 (60) (172) (293) 403 553 (295) (107) 233 324 (110) (238) (34) 155 (112) (419) 369 55 (13) (80) 52 (13) (39) (66) 36 (12) (290) 16 (26) 46 (26) (22) (93) 50 (88) 5 (68) 37 (17) (86) 215 (62) (68) (88) (14) (112) 41 (43) 65 16 (44) (27) 1 (72) (51) (46) 57 (54) (50) (44) 107 (40) 22 (64) 39.8 (32.3) 17.8 (30.2) 42.2 (46.9) 9 (56.2)
Other Non-Cash Items (80) 12 82 57 (116) 106 42 40 (1,373) 19 209 (62) (25) 259 (92) (17) 101 32 (106) (10) (165) 32 (14) (145) (203) 106 27 50 (196) 159 50 (31) (159) (151) (53) (132) (102) 44 91 (67) (135) (40) (22) 41 31 (9) 0 1 (10) (4) (3) 1 (5) 0 (9) (43) 123 159 (11) (3) (2) 65 (12) (6) (5) (38) 132 (5) (6) 13 (5) (6) (4) 11 (13) (5) (18) 14 0 0 0 0 0 0 0 17 9.5 (4.1) 7.4
Operating Cash Flow 309 1,534 1,305 785 (3) 1,422 640 (851) 276 1,459 1,529 483 495 817 382 599 164 732 569 616 339 1,142 1,223 (22) 379 838 1,123 808 412 990 915 590 (117) 806 645 447 379 625 576 471 263 230 217 (62) 196 56 145 50 39 (76) 161 8 67 (43) 87 (6) 14 314 15 50 9 137 (13) 151 32 107 88 55 21 118 15 37 30 147 (6) 27 25 200 42 126 38 142.1 63.2 117 53.4 141.9 34.5 85.2 24
Investing Activities
Capital Expenditure (189) (544) (298) (231) (162) (540) (259) (240) (169) (519) (280) (221) (193) (463) (222) (160) (115) (388) (164) (136) (98) (274) (128) (90) (83) (330) (169) (147) (129) (368) (195) (134) (87) (246) (119) (114) (108) (240) (138) (132) (84) (43) (47) (31) (28) (9) (70) (27) (27) (16) (36) (20) (16) (18) (48) (36) (60) (98) (46) (53) (31) (94) (41) (43) (37) (72) (45) (71) (83) (107) (93) (101) (104) (153) (67) (48) (36) (93) (46) (52) (32) (106.6) (55.2) (41.5) (34.4) (73.2) (42.1) (31.6) (27.3)
Acquisitions 0 (110) (6) 6 (12) (224) 0 1 (59) (165) 7 (134) 0 (183) (2,760) (349) 51 (51) (7) 34 (24) (21) (13) (10) (7) (4) (235) (8) (10) (28) (64) 1 (16) (57) (607) (44) (20) (45) (12) 8 (26) 0 1 10 (14) 1 6 2 0 0 0 (2) 0 0 0 0 0 0 (7) 0 (35) 0 0 0 0 (1) (1) (13) (453) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 175 (627) 349 (326) (25) (438) (349) (334) (379) (433) (328) (322) (326) (335) (305) (266) (199) (237) (207) (219) (143) (171) (137) (169) (116) (86) (108) (138) (121) (52) (173) (76) (67) (88) (37) (43) (26) (31) (68) (88) (291) (10) (53) (26) (43) (29) (34) (48) (20) (35) 0 0 (14) (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
Sales/Maturities of Investments 0 319 (204) 204 0 0 428 254 431 332 382 275 345 332 358 207 254 71 228 172 221 61 154 159 95 93 143 50 103 33 182 34 82 48 56 15 147 15 54 202 35 29 30 39 46 34 36 33 37 28 0 0 14 19 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21.6
Other Investing Activities 4 (33) (72) (22) (47) 489 (83) (81) (230) 2 (35) 24 (54) (27) 9 2 (1) 10 18 28 19 23 21 (25) 12 6 (49) (97) 86 (40) (33) (25) 52 77 81 53 (20) (26) (35) 7 (22) (25) 11 (10) (10) (26) 13 (20) 4 3 (82) 24 2 (4) (13) 29 125 24 (46) (9) (11) 53 7 (2) (9) 3 (15) 17 (18) (19) (17) 79 8 (38) 7 28 48 (67) (39) (40) (4) (12.1) (8.1) 10.3 (13.5) 21.9 (25.2) 2.1 5
Investing Cash Flow (10) (995) (231) (369) (246) (713) (263) (400) (406) (783) (254) (378) (228) (676) (2,920) (566) (10) (595) (132) (121) (25) (382) (103) (135) (99) (321) (418) (340) (71) (455) (283) (200) (36) (266) (626) (133) (27) (327) (199) (3) (388) (49) (58) (18) (49) (29) (49) (60) (6) (20) (118) 2 (14) (22) (61) (7) 65 (74) (99) (62) (77) (41) (34) (45) (46) (70) (61) (67) (554) (126) (110) (22) (96) (191) (60) (20) 12 (160) (85) (92) (36) (118.7) (63.3) (31.2) (47.9) (51.3) (67.3) (29.5) (0.7)
Financing Activities
Net Debt Issuance 101 (45) (531) 641 389 (462) 33 581 763 (876) (29) (21) (128) (293) 2,754 350 3 206 0 (134) (124) (6) 274 374 972 (291) 434 (225) (81) 0 (14) 191 279 (22) 390 (158) 51 (74) 77 (114) 90 (20) 1 (259) 9 (12) (64) 9 (28) (41) 119 4 (36) 80 (35) 31 (345) (255) 119 33 88 (66) 80 (61) 34 (53) 16 12 545 12 68 29 110 80 (3) 36 72 (50) 53 (15) (4) (32.5) 21.2 (27.5) 22.2 (186) 31.3 (62.1) 0.3
Stock Repurchased (243) 0 0 0 0 0 0 0 0 0 0 0 0 (4) (23) (36) (311) (174) (138) (672) (418) (91) 0 0 (550) (465) (706) 0 (100) (261) (500) (216) (163) (60) (271) (69) (51) (33) (50) (120) (575) 0 0 0 0 0 0 0 0 0 0 0 (13) (12) 0 0 0 0 0 0 (16) (4) (20) 0 0 (3) 0 0 0 (9) (8) 0 (58) 0 (13) (17) (4) 0 (16) (16) (37) 0 0 0 0 0 0 0 0
Dividends Paid (276) (277) (276) (251) (251) (250) (250) (230) (239) (238) (238) (223) (222) (222) (222) (204) (207) (208) (207) (197) (197) (200) (194) (193) (195) (199) (204) (179) (179) (181) (182) (177) (178) (179) (179) (172) (171) (171) (172) (163) (170) (33) (5) (14) 0 (13) (13) (12) (13) (12) (13) (12) (13) (12) (13) (12) (13) (13) (12) (13) (12) (12) (12) (11) (12) (11) (12) (11) (12) (11) (12) (12) (10) (10) (10) (10) (10) (10) (10) (10) (10) (10.4) (5.2) (5.2) (5.2) (6.4) (2.8) (2.9) (2.9)
Other Financing Activities (99) 63 (20) (58) (46) (25) (26) (43) (25) 6 (199) 4 (13) 113 (24) (14) 9 (1) (12) 18 (6) (75) (22) 26 (6) 58 (11) 40 13 2 (11) 1 10 (213) 4 19 7 (90) (4) 137 19 (15) 10 (2) 11 0 (9) 34 (8) (2) 14 (1) 15 11 (1) 0 290 (4) (2) (1) 2 0 (8) (12) (1) 5 (8) 4 (1) 4 (3) (2) (2) 0 1 (1) (1) 3 0 5 (4) (4) 1.6 0.4 (5) 123.9 (0.1) (0.2) (5.6)
Financing Cash Flow (517) (259) (827) 332 92 (737) (243) 308 499 (1,108) (466) (240) (363) (442) 2,502 106 (497) (148) (357) (977) (745) (284) 104 226 234 (897) (487) (364) (347) (440) (707) (201) (52) (474) (56) (380) (164) (368) (149) (260) (636) (25) (12) (268) 44 (3) (71) 31 (49) (56) 120 (9) (47) 67 (49) 18 (68) (272) 105 19 62 (82) 40 (84) 21 (62) (4) 5 532 (4) 45 15 40 70 (25) 8 57 (57) 27 (36) (55) (46.9) 17.6 (32.3) 12 (68.5) 28.4 (65.2) (8.2)
Cash Position
Net Change in Cash (231) 279 247 787 (139) (62) 143 (951) 362 (433) 810 (178) (121) (398) 37 186 (316) 4 107 (477) (443) 434 1,216 60 562 (431) 163 69 25 81 (96) 111 (162) 79 (3) (29) 202 (131) 206 130 (796) 157 143 (350) 191 23 28 21 (7) (151) 123 0 8 1 (23) 11 10 (32) 20 6 (6) 14 (7) 22 7 (25) 23 (8) (1) (12) (50) 30 (27) 29 (90) 16 93 (17) (16) (2) (52) (20.7) 17.5 55.2 17.6 21.6 (4.5) (8.8) 14.8
Cash at Beginning 2,845 2,566 2,319 1,532 1,671 1,733 1,590 2,541 2,179 2,612 1,802 1,980 2,101 2,499 2,462 2,276 2,592 2,588 2,481 2,958 3,401 2,967 1,751 1,691 1,129 1,560 1,397 1,328 1,303 1,222 1,318 1,207 1,369 1,290 1,293 1,322 1,120 1,251 1,045 915 1,711 404 261 611 131 108 80 59 66 217 101 101 93 92 115 104 94 94 74 68 74 60 67 45 38 63 40 48 49 61 111 81 108 79 169 153 60 77 93 95 147 167.6 150.1 94.9 77.3 0 0 0 54.2
Cash at End 2,614 2,845 2,566 2,319 1,532 1,671 1,733 1,590 2,541 2,179 2,612 1,802 1,980 2,101 2,499 2,462 2,276 2,592 2,588 2,481 2,958 3,401 2,967 1,751 1,691 1,129 1,560 1,397 1,328 1,303 1,222 1,318 1,207 1,369 1,290 1,293 1,322 1,120 1,251 1,045 915 561 404 261 322 131 108 80 59 66 224 101 101 93 92 115 104 62 94 74 68 74 60 67 45 38 63 40 48 49 61 111 81 108 79 169 153 60 77 93 95 146.9 167.6 150.1 94.9 21.6 (4.5) (8.8) 69
Free Cash Flow 120 990 1,007 554 (165) 882 381 (1,091) 107 940 1,249 262 302 354 160 439 49 344 405 480 241 868 1,095 (112) 296 508 954 661 283 622 720 456 (204) 560 526 333 271 385 438 339 179 187 170 (93) 168 47 75 23 12 (92) 125 (12) 51 (61) 39 (42) (46) 216 (31) (3) (22) 43 (54) 108 (5) 35 43 (16) (62) 11 (78) (64) (74) (6) (73) (21) (11) 107 (4) 74 6 35.5 8 75.5 19 68.7 (7.6) 53.6 (3.3)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 8,398 8,536 8,317 8,643 8,174 8,447 8,456 8,796 8,403 8,543 8,431 8,638 8,453 7,770 7,333 6,586 6,385 5,850 5,968 6,111 6,092 5,830 5,118 3,852 5,011 5,578 5,768 6,221 6,004 6,126 5,943 6,132 5,570 5,476 5,285 5,078 4,589 4,503 4,187 4,528 4,291 4,766 4,620 5,015 4,709 5,090 4,890 4,835 4,406 4,588 4,266 4,525 3,922 4,292 4,118 4,452 4,472 4,921 4,626 4,641 3,860 4,139 3,401 3,208 2,478 3,400 2,530 2,431 2,439 3,288 3,693 3,887 3,474 3,516 3,372 3,343 2,817 3,033 2,809 2,842 2,678 2,753 2,467 2,490 2,208 2,349 2,194 2,124 1,771 1,736 1,539 1,414 1,458 1,463 1,461 1,349 1,608 1,572 1,769 1,648
Gross Profit 2,243 1,951 2,129 2,281 2,155 2,034 2,171 2,193 2,041 2,001 2,071 2,148 2,029 1,819 1,642 1,726 1,532 1,317 1,414 1,478 1,486 1,361 1,349 890 1,294 1,313 1,494 1,641 1,532 1,546 1,551 1,440 1,200 1,374 1,341 1,251 1,132 1,120 1,079 1,197 1,056 1,212 1,208 1,332 1,195 1,273 1,284 1,205 1,099 1,164 1,081 1,153 957 1,058 1,042 1,210 1,198 1,241 1,188 1,203 957 984 830 753 601 773 503 448 445 534 820 879 707 682 652 670 552 670 617 646 599 619 561 550 456 473 434 428 345 336 276 235 277 265 269 232 263 310 351 335
Operating Income 949 640 995 1,226 1,134 732 1,050 1,045 923 (1,212) 950 997 1,026 802 626 897 604 495 666 735 810 629 670 336 634 354 699 848 799 731 803 722 530 595 622 586 540 507 384 567 470 229 557 723 548 581 659 612 513 553 524 610 414 465 493 648 648 745 639 768 529 525 435 396 246 385 147 121 29 102 383 468 319 305 289 341 223 296 278 309 248 235 204 231 168 126 114 118 66 57 26 33 34 24 (97) (4) (158) 53 102 82
Net Income 654 593 536 890 824 418 809 726 1,993 (1,431) 656 720 790 631 400 702 418 394 534 600 603 501 501 276 511 300 622 675 663 579 692 545 325 (274) 453 424 396 378 289 406 321 161 380 471 387 444 423 446 338 432 355 414 282 369 352 469 455 548 452 505 343 362 283 246 149 270 95 56 7 43 229 293 190 198 184 214 143 189 171 220 135 167 145 141 97 119 116 82 33 43 14 59 16 3 (82) (26) (120) 25 61 42
EPS (Diluted) 4.71 4.27 3.85 6.42 5.96 3.02 5.86 5.26 14.03 -10.08 4.59 5.05 5.55 4.43 2.82 4.94 2.92 2.76 3.69 4.10 4.07 3.36 3.36 1.86 3.41 1.97 3.97 4.27 4.20 3.68 4.28 3.32 1.96 -1.65 2.71 2.53 2.36 2.25 1.72 2.40 1.87 0.92 2.14 2.62 2.14 2.45 2.32 2.43 1.83 2.34 1.90 2.20 1.49 1.96 1.86 2.47 2.38 2.84 2.35 2.60 1.75 1.85 1.44 1.25 0.75 1.36 0.48 0.28 0.04 0.22 1.17 1.49 0.97 1.00 0.92 1.06 0.71 0.94 0.84 1.10 0.66 0.82 0.73 0.71 0.48 0.70 0.60 0.44 0.17 0.23 0.09 0.38 0.08 0.02 -0.54 -0.17 -0.79 0.16 0.40 0.27
Balance Sheet
Cash & Equivalents 2,614 2,845 2,566 2,319 1,532 1,671 1,733 1,590 2,541 2,179 2,387 1,802 1,980 2,101 2,499 2,462 2,276 2,592 2,588 2,481 2,958 3,401 2,967 1,751 1,691 1,129 1,560 1,397 1,328 1,303 1,222 1,318 1,207 1,369 1,290 1,293 1,322 1,120 1,251 1,045 915 924 885 930 534 353 624 322 131 108 59 66 224 101 115 104 94 62 94 74 68 74 60 67 45 38 63 40 48 49 61 111 81 108 79 169 153 60 77 93 95 146.9 167.6 150.1 94.9 77.3 55.7 60.2 69
Total Assets 34,445 33,992 33,638 34,259 32,531 31,540 32,052 31,320 31,827 32,005 32,097 31,735 31,433 30,299 29,769 24,477 24,122 23,710 23,063 22,608 22,962 22,624 21,568 20,314 20,076 19,737 20,346 20,254 19,846 19,062 18,992 18,915 18,392 18,075 17,992 16,260 15,634 15,011 15,136 15,020 14,827 9,210 8,769 8,816 8,121 8,178 8,032 5,961 5,588 5,126 4,885 4,787 4,837 4,619 4,428 4,452 4,595 4,500 4,874 4,893 4,915 4,697 4,878 4,770 4,691 4,542 4,528 4,528 4,496 3,765 3,679 3,657 3,466 3,369 3,301 3,270 3,136 3,056 2,878 2,879 2,809 2,706.3 2,712 2,611.4 2,518 2,390.6 2,305.6 2,278.9 2,298.3
Total Debt 8,240 8,114 8,182 8,684 8,035 7,598 8,113 7,967 7,296 7,208 7,970 8,221 8,249 8,355 8,588 4,860 4,578 4,613 4,396 4,391 4,559 4,617 4,567 4,316 3,835 2,868 3,118 2,669 2,848 2,608 2,465 2,462 2,277 2,006 2,255 1,797 1,945 1,821 1,949 1,871 1,830 756 735 674 680 727 664 1,556 1,526 1,429 1,076 1,095 1,137 1,001 982 945 1,289 1,196 1,447 1,332 1,302 1,215 1,280 1,198 1,261 1,227 1,278 1,261 1,250 654 617 552 521 415 328 327 289 219 268 216 230 232.7 254.2 232.1 258.3 235.6 465.6 410 425
Stockholders' Equity 12,351 12,349 12,064 11,789 10,924 10,271 10,315 9,551 9,067 8,850 10,658 10,337 9,623 8,975 8,380 8,738 8,436 8,474 8,082 7,866 8,109 8,062 7,700 7,192 7,068 7,507 7,810 8,278 7,820 7,348 7,191 7,299 7,394 7,259 7,629 7,493 7,165 6,875 6,934 6,861 6,920 3,883 3,791 3,773 3,372 3,223 3,195 1,126 1,010 949 846 801 841 1,052 1,182 1,171 1,272 1,336 1,459 1,461 1,444 1,429 1,342 1,327 1,295 1,272 1,298 1,426 1,409 1,422 1,342 1,323 1,271 1,312 1,251 1,227 1,210 1,183 1,159 1,142 1,103 1,072.6 1,009.1 950 873 821.1 621.1 583.2 532.7
Cash Flow
Operating Cash Flow 309 1,534 1,305 785 (3) 1,422 640 (851) 276 1,459 1,529 483 495 817 382 599 164 732 569 616 339 1,142 1,223 (22) 379 838 1,123 808 412 990 915 590 (117) 806 645 447 379 625 576 471 263 230 217 (62) 196 56 145 50 39 (76) 161 8 67 (43) 87 (6) 14 314 15 50 9 137 (13) 151 32 107 88 55 21 118 15 37 30 147 (6) 27 25 200 42 126 38 142.1 63.2 117 53.4 141.9 34.5 85.2 24
Capital Expenditure (189) (544) (298) (231) (162) (540) (259) (240) (169) (519) (280) (221) (193) (463) (222) (160) (115) (388) (164) (136) (98) (274) (128) (90) (83) (330) (169) (147) (129) (368) (195) (134) (87) (246) (119) (114) (108) (240) (138) (132) (84) (43) (47) (31) (28) (9) (70) (27) (27) (16) (36) (20) (16) (18) (48) (36) (60) (98) (46) (53) (31) (94) (41) (43) (37) (72) (45) (71) (83) (107) (93) (101) (104) (153) (67) (48) (36) (93) (46) (52) (32) (106.6) (55.2) (41.5) (34.4) (73.2) (42.1) (31.6) (27.3)
Free Cash Flow 120 990 1,007 554 (165) 882 381 (1,091) 107 940 1,249 262 302 354 160 439 49 344 405 480 241 868 1,095 (112) 296 508 954 661 283 622 720 456 (204) 560 526 333 271 385 438 339 179 187 170 (93) 168 47 75 23 12 (92) 125 (12) 51 (61) 39 (42) (46) 216 (31) (3) (22) 43 (54) 108 (5) 35 43 (16) (62) 11 (78) (64) (74) (6) (73) (21) (11) 107 (4) 74 6 35.5 8 75.5 19 68.7 (7.6) 53.6 (3.3)