Cognizant Technology Solutions Corporation logo CTSH - Cognizant Technology Solutions Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 21
HOLD 25
SELL 5
STRONG
SELL
0
| PRICE TARGET: $81.75 DETAILS
HIGH: $107.00
LOW: $56.00
MEDIAN: $79.00
CONSENSUS: $81.75
UPSIDE: 54.98%
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 5,413 5,333 5,415 5,245 5,115 5,082 5,044 4,850 4,760 4,758 4,897 4,886 4,812 4,839 4,857 4,906 4,826 4,777 4,744 4,585 4,401 4,184 4,243 4,000 4,225 4,284 4,248 4,141 4,110 4,129 4,078 4,006 3,912 3,828 3,766 3,670 3,546 3,461.9 3,453 3,370 3,202 3,232.5 3,187 3,085.1 2,911.4 2,742.2 2,581 2,517.1 2,422.3 2,355.5 2,305.7 2,161.2 2,020.7 1,948.2 1,891.7 1,795.2 1,711.3 1,663.7 1,601.0 1,485.2 1,371.3 1,310.6 1,216.9 1,105.2 959.7 902.7 853.5 776.6 745.9 753.0 734.7 685.4 643.1 600.0 558.8 516.5 460.3 424.4 377.5 336.8 285.5 256.9 235.5 211.7 181.7 172.8 155.4 138.7 119.7 108.2 87.4 67.0 54.4 43.5 45.4 43.4 41.1 37.1 31.8 27.1
Cost of Revenue 3,809 3,674 3,581 3,479 3,397 3,297 3,311 3,204 3,146 3,081 3,209 3,231 3,143 3,152 3,080 3,119 3,097 3,030 2,947 2,863 2,764 2,662 2,647 2,615 2,747 2,749 2,681 2,629 2,575 2,540 2,480 2,417 2,401 2,360 2,337 2,261 2,194 2,077.5 2,077 2,038 1,915 1,933.6 1,934.6 1,844.8 1,727.2 1,639.4 1,569.8 1,499.5 1,432.4 1,411.2 1,382.3 1,272.0 1,200.0 1,150.9 1,111.9 1,030.9 984.5 970.7 924.9 860.9 782.2 758.0 699.6 641.0 555.9 520.8 475.6 433.3 419.7 419.7 405.9 380.9 366.3 341.5 317.3 292.3 254.9 232.6 208.4 188.3 158.6 136.0 128.2 117.8 98.0 94.7 84.6 75.6 65.0 58.6 47.2 36.2 29.3 22.0 23.4 22.4 21.0 19.1 16.4 13.9
Gross Profit 1,604 1,659 1,834 1,766 1,718 1,785 1,733 1,646 1,614 1,677 1,688 1,655 1,669 1,687 1,777 1,787 1,729 1,747 1,797 1,722 1,637 1,522 1,596 1,385 1,478 1,535 1,567 1,512 1,535 1,589 1,598 1,589 1,511 1,468 1,429 1,409 1,352 1,384.4 1,376 1,332 1,287 1,298.9 1,252.4 1,240.3 1,184.2 1,102.8 1,011.2 1,017.6 989.9 944.3 923.4 889.2 820.8 797.3 779.8 764.3 726.8 693.0 676.1 624.4 589.1 552.6 517.3 464.1 403.8 381.9 377.9 343.3 326.2 333.3 328.8 304.6 276.8 258.4 241.6 224.2 205.4 191.8 169.1 148.5 126.9 120.9 107.4 93.9 83.7 78.1 70.8 63.2 54.7 49.6 40.2 30.8 25.0 21.5 22.0 21.0 20.0 18.0 15.4 13.1
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 787 806 833 810 791 844 833 781 765 786 801 830 835 860 838 883 862 871 924 881 827 874 804 711 711 560 706 719 871 776 734 805 711 700 674 709 686 730.4 701 654 646 658.7 627.1 612 610.8 562.6 506 482.9 485.4 450.5 443.4 420.5 413.2 401.7 385.0 396.8 374.2 352.5 353.2 326.7 296.3 279.9 262.6 234.5 195.0 190.7 193.8 170.0 166.9 169.4 166.7 167.1 148.9 137.6 126.6 120.5 109.5 105.0 91.5 80.0 66.7 64.6 54.8 46.1 41.4 38.2 35.9 31.5 27.2 24.6 20.4 15.4 12.6 10.6 11.7 11.2 10.9 9.7 8.4 7.0
Other Expenses 0 0 135 139 74 190 162 157 154 167 201 248 132 141 141 144 143 144 144 145 141 183 189 207 188 349 192 174 125 120 119 114 107 111 107 94 96 93.3 92 87 87 86.8 82.5 82.8 73.1 60.8 47.7 46.7 44.5 46.0 42.7 41.9 41.7 39.3 39.5 35.6 34.8 32.4 29.9 27.7 27.4 28.0 26.4 23.7 25.8 24.3 22.3 21.6 21.2 21.3 19.5 17.8 16.3 14.7 13.9 13.1 12.3 10.5 8.9 7.8 7.0 5.3 5.6 5.4 5.1 4.7 4.1 3.8 3.9 3.5 2.8 2.2 1.7 1.8 1.5 1.4 1.3 1.2 1.0 1.0
Operating Expenses 787 806 968 949 865 1,034 995 938 919 953 1,002 1,078 967 1,001 979 1,027 1,005 1,015 1,068 1,026 968 1,057 993 918 899 909 898 893 996 896 853 919 818 811 781 803 782 823.7 793 741 733 745.5 709.6 694.8 683.9 623.4 553.7 529.6 529.9 496.5 486.0 462.4 454.9 441.0 424.4 432.4 408.9 384.9 383.1 354.4 323.7 308.0 289.0 258.2 220.8 215.0 216.1 191.6 188.0 190.6 186.2 184.9 165.1 152.3 140.4 133.5 121.8 115.5 100.3 87.8 73.7 69.9 60.3 51.6 46.5 42.9 40.0 35.4 31.0 28.2 23.1 17.6 14.3 12.4 13.2 12.6 12.2 10.9 9.4 8.0
Operating Income
Operating Income 817 853 866 817 853 751 738 708 695 724 686 577 702 686 798 760 724 732 729 696 669 465 603 467 579 626 669 619 539 693 745 670 693 657 648 606 570 561 583.4 590.9 554 553.4 542.8 545.5 500.3 479.4 457.5 487.9 460.0 447.8 437.4 426.8 365.9 356.3 355.4 332.0 317.9 308.1 293.0 270.0 265.4 244.6 228.3 205.9 183.0 166.9 161.8 151.7 138.1 142.7 142.6 119.7 111.7 106.1 101.1 90.7 83.6 76.4 68.8 60.7 53.2 51.0 47.0 42.4 37.2 35.3 30.9 27.8 23.7 21.4 17.1 13.2 10.7 9.0 8.9 8.4 7.9 7.1 6.0 5.1
Interest Expense 7 8 8 9 12 19 14 10 11 11 11 10 9 8 6 3 2 2 3 2 2 3 6 9 6 6 7 6 7 8 6 7 6 5 6 6 6 4.4 5 5 5 4.3 4.3 4.1 5 2.5 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 0 0 0 0 0 0 0 0
Interest Income 22 27 25 23 30 28 31 30 30 34 32 30 30 27 17 9 6 7 7 7 9 14 27 37 41 40 43 45 48 49 47 40 41 36 34 31 32 29.6 27 28 31 27.4 20.7 17.6 18 17.6 17.2 14.1 13.5 11.9 10.7 13.1 13.2 11.4 12.0 10.0 11.1 10.9 10.0 9.5 8.9 6.1 7.1 6.5 6.1 6.1 4.7 2.6 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
Profitability
EBITDA 958 1,026 1,030 990 1,020 902 895 871 866 896 870 738 879 863 959 908 874 883 878 841 808 618 768 641 652 765 792 815 723 954 795 753 820 840 778 744 759 665.4 715 693 682 653.5 629.8 636.9 591.2 583.9 513.7 550.6 519.9 495.8 481.9 470.6 409.5 397.4 396.8 369.4 354.5 342.4 324.6 299.2 294.3 274.2 256.2 231.2 210.4 191.2 184.1 173.2 159.3 163.9 162.1 137.5 128.0 120.9 115 103.7 95.9 86.8 77.6 68.5 60.2 56.3 52.6 47.8 42.3 39.9 35.0 31.6 27.6 26.9 19.9 15.4 12.4 10.8 10.4 9.8 9.2 8.3 7.1 6.1
EBIT 817 886 895 851 884 759 762 738 733 760 724 597 747 722 818 764 731 739 734 696 667 470 630 504 516 632 665 682 590 823 668 630 703 718 664 641 655 564.8 618 600 594 565.5 547.3 552.9 515.6 521.0 464 501.8 473.2 447.8 437.4 426.8 365.9 356.3 355.4 332.0 317.9 308.1 293.0 270.0 265.4 244.6 228.3 205.9 183.0 166.9 161.8 151.7 138.1 142.7 142.6 119.7 111.7 106.1 101.1 90.7 83.6 76.4 68.8 60.7 53.2 51.0 47.0 42.4 37.2 35.3 30.9 27.8 23.7 23.4 17.1 13.2 10.7 9.0 8.9 8.4 7.9 7.1 6.0 5.1
Income Before Tax 870 883 887 842 876 745 752 731 725 753 716 587 738 714 812 761 733 738 731 696 665 468 624 495 509 569 657 676 583 816 662 624 697 714 659 635 649 560 612.9 594.4 588.9 561.2 543 548.8 510.6 485.3 463.7 501.8 473.2 451.1 439.2 420.4 377.2 365.8 364.4 335.1 322.3 323.1 288.0 277.6 280.5 248.5 243.3 208.0 178.8 168.6 163.7 169.2 135.5 136.1 133.2 124.1 121.9 114.8 111.7 97.7 90.3 82.3 72.9 66.0 56.6 53.2 49.4 43.8 38.9 36.9 31.9 28.5 24.8 22.1 17.5 11.9 11.2 7.4 9.3 8.9 8.7 7.6 6.4 5.5
Income Tax Expense 208 235 613 197 213 199 170 165 179 195 191 124 158 193 183 184 170 162 187 184 160 152 276 134 142 174 160 167 142 168 185 168 177 732 164 165 92 144 168.9 342.4 147.9 137.8 145.8 128.7 127.7 122.4 108.1 129.9 124.3 126.8 119.6 120.0 93.0 87.1 87.5 83.2 78.6 83.0 60.8 69.6 72.2 42.4 39.6 35.8 27.3 24.6 27.1 27.9 22.4 23.8 20.4 20.2 20.0 18.5 15.5 15.4 14.8 12.8 11.9 11.0 9.4 (4.5) 8.8 7.8 6.9 6.3 5.8 4.7 5.0 4.4 4.0 2.8 2.5 2.8 3.5 3.3 3.2 2.9 2.4 2.1
Net Income 662 648 274 645 663 546 582 566 546 558 525 463 580 521 629 577 563 576 544 512 505 316 348 361 367 395 497 509 441 648 477 456 520 (18) 495 470 557 416 444.4 252.4 441.2 423.4 397.2 420.1 382.9 362.9 355.6 371.9 348.9 324.3 319.6 300.4 284.2 278.8 276.9 251.9 243.7 240.1 227.1 208.0 208.3 206.2 203.7 172.2 151.5 144.0 136.6 141.3 113.1 112.3 112.8 103.9 101.9 96.3 96.2 82.3 75.4 69.5 61.0 55.1 47.2 57.7 40.6 36.0 32.0 30.6 26.1 23.8 19.8 17.7 13.5 9.1 8.6 4.6 5.8 5.6 5.4 4.8 4.0 3.5
Per Share Data
EPS (Basic) 1.39 1.35 0.56 1.31 1.34 1.10 1.17 1.14 1.10 1.12 1.04 0.92 1.14 1.02 1.22 1.11 1.07 1.10 1.04 0.97 0.95 0.59 0.64 0.67 0.67 0.72 0.90 0.90 0.77 1.12 0.82 0.78 0.89 -0.03 0.84 0.80 0.92 0.69 0.73 0.42 0.73 0.70 0.65 0.69 0.63 0.60 0.58 0.61 0.57 0.54 0.53 0.50 0.47 0.46 0.46 0.42 0.40 0.40 0.38 0.34 0.34 0.34 0.34 0.29 0.25 0.24 0.23 0.24 0.19 0.19 0.19 0.18 0.18 0.17 0.17 0.14 0.13 0.12 0.11 0.10 0.08 0.10 0.07 0.07 0.06 0.06 0.05 0.05 0.04 0.03 0.03 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01
EPS (Diluted) 1.39 1.34 0.56 1.31 1.34 1.10 1.17 1.14 1.10 1.11 1.04 0.91 1.14 1.02 1.22 1.11 1.07 1.10 1.03 0.97 0.95 0.59 0.64 0.67 0.67 0.72 0.90 0.90 0.77 1.12 0.82 0.78 0.88 -0.03 0.84 0.80 0.92 0.68 0.73 0.41 0.72 0.69 0.65 0.68 0.62 0.59 0.58 0.61 0.57 0.53 0.53 0.49 0.47 0.46 0.46 0.41 0.39 0.40 0.37 0.33 0.33 0.34 0.33 0.28 0.25 0.24 0.23 0.24 0.19 0.19 0.19 0.17 0.17 0.17 0.16 0.14 0.12 0.12 0.10 0.09 0.08 0.10 0.07 0.06 0.05 0.06 0.05 0.04 0.03 0.03 0.03 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Shares Outstanding 477 481 486 492 494 496 496 497 497 500 504 506 509 512 516 520 524 525 525 527 530 533 542 541 546 547 551 564 573 578 579 585 587 589 590 589 605 607 606 606.1 608 608.2 608.8 609.9 609.6 608.8 608.1 607.9 607.7 605.7 603.3 603.3 603.7 600.9 598.1 604.5 606.9 604.7 605.4 608.0 608.1 607.3 603.4 599.8 595.8 591.2 587.3 584.7 583.2 582.5 582.7 579.4 576.3 576.3 579.1 576.2 571.6 568.1 564.8 562.2 558.7 554.5 548.7 542.7 537.9 532.9 527.0 520.5 515.5 511.4 495.1 483.2 469.9 464.8 453.9 448.8 447.5 446.0 444.8 444
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
Current Assets
Cash & Cash Equivalents 1,504 1,901 2,341 1,796 1,980 2,231 2,013 2,193 2,231 1,787 2,204 2,055 2,458 2,191 2,042 1,768 2,192 1,792 1,664 1,368 1,973 2,680 4,436 4,422 3,886 2,645 2,343 1,660 950 1,161 1,339 901 1,440 1,925 1,577 1,157 1,308 2,034 1,550.3 1,684.5 1,523.8 1,039.7 1,080.9 1,100.9 860.4 758.6 296.5 197.0 162.0 194.2 137.7 126.6 126.2 123.1 79.8 67.7 61.0 62.0 52.8 45.2 40.4 42.6 33.7 29.4 25.1 28.4 26.1 21.5
Short-Term Investments 13 13 13 12 12 12 12 12 12 848 164 40 23 310 689 552 127 927 749 482 185 44 139 160 396 779 734 1,343 2,718 3,350 3,424 3,346 3,390 3,131 3,136 3,221 2,966 3,135 3,308.3 2,796.7 2,927.9 612.3 352.9 298.4 122.8 50.1 512.8 36.1 36.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 4,609 4,439 4,391 4,402 4,239 4,059 4,206 3,973 3,822 3,849 3,807 3,755 3,718 3,796 3,686 3,785 3,663 3,557 3,510 3,419 3,232 3,087 3,118 3,208 3,220 3,256 3,438 3,386 3,377 3,257 3,187 3,204 3,145 3,222 3,292 3,089 3,039 2,905 2,915.7 2,878.5 2,751.3 933.7 812.3 626.3 635.9 600.7 428.5 90.0 84.2 61.8 52.2 46.8 41.0 39.4 27.2 27.6 23.7 22.5 20.1 17.5 16.4 11.1 13.2 13.6 16.3 12.2 8.5 8.9
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 0 159 0 0 0 0 0 0 0 0 59.2 60.8 73.8 45.4 44.5 69.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 1,709 2,198 1,349 1,396 1,314 1,202 1,317 1,067 1,021 1,022 952 1,101 1,029 969 900 918 1,095 1,066 1,072 1,182 1,205 1,040 926 741 823 931 876 817 838 909 777 852 1,015 833 552 632 529 526 425.5 399.2 367.9 219.2 223.0 281.9 144.6 116.3 115.8 73.1 23.9 22.5 13.9 9.1 8.6 6.9 4.3 4.5 4.1 3.8 4.6 4.8 3.7 3 1.8 2.1 2.3 1.8 2.5 2.1
Total Current Assets 7,835 8,551 8,094 7,606 7,545 7,504 7,548 7,245 7,086 7,506 7,127 6,951 7,228 7,266 7,317 7,023 7,077 7,342 6,995 6,451 6,595 6,851 8,619 8,531 8,325 7,611 7,391 7,206 7,883 8,677 8,727 8,303 8,990 9,111 8,557 8,099 7,842 8,600 8,199.8 7,758.9 7,570.9 2,804.9 2,469.2 2,307.6 1,763.7 1,525.7 1,353.6 360.2 307.0 278.5 203.9 182.5 175.8 169.3 111.3 99.7 88.8 88.2 77.5 67.5 60.5 56.7 48.7 45.1 43.7 42.4 37.1 32.5
Non-Current Assets
Property, Plant & Equipment 1,494 1,506 1,527 1,541 1,543 1,546 1,588 1,562 1,625 1,659 1,766 1,875 1,944 1,977 1,978 2,028 2,086 2,104 2,135 2,229 2,230 2,264 2,317 2,347 2,249 2,235 2,223 2,184 2,123 1,394 1,362 1,345 1,333 1,324 1,304 1,284 1,306 1,311 1,323.3 1,287.4 1,270 504.8 478.4 481.5 446.9 456.3 291.6 58.1 57.8 58.4 47.8 42.8 39.1 25.9 22.2 18.4 17.6 15.9 12.9 10.5 9.4 9.5 9.3 8.3 6.9 6.3 5.5 5.4
Goodwill 7,681 7,106 7,100 7,120 7,006 6,953 7,132 6,395 6,393 6,085 6,013 6,065 6,040 5,710 5,425 5,517 5,605 5,620 5,451 5,457 5,219 5,031 4,931 4,391 4,014 3,979 3,694 3,651 3,638 3,481 3,037 3,036 2,713 2,704 2,608 2,576 2,563 2,554 2,482 2,457.9 2,461.8 214.8 193.9 192.4 154.2 155.0 43.6 0 0 0 0 0 0.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 1,485 1,417 1,472 1,523 1,555 1,599 1,681 1,129 1,171 1,151 1,174 1,228 1,262 1,168 1,038 1,101 1,167 1,218 1,198 1,219 1,110 1,046 1,087 1,026 1,005 1,041 1,192 1,161 1,185 1,150 1,021 1,060 955 981 957 894 923 951 936.9 961.4 862.3 93.0 76.7 75.8 45.9 47.0 14.2 20.7 21.3 20.9 16.8 13.4 12.9 0.9 1.0 1.0 1.1 1.2 1.3 1.4 1.4 1.5 1.6 1.7 1.8 1.8 1.9 2
Long-Term Investments 113 111 107 110 94 90 90 86 83 440 432 425 64 427 68 68 458 463 466 433 439 440 441 429 433 17 79 80 79 80 93 80 83 235 262 198 110 62 60.6 59.6 0 0 137.4 151.1 160.8 160.5 0 (20.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1,039 1,034 990 999 1,008 1,026 1,034 1,060 1,049 649 632 661 943 662 1,001 1,048 708 701 705 732 760 846 829 823 809 736 773 767 724 689 643 615 577 448 428 430 427 359 328.8 286.2 275.9 59.4 67.5 49.3 42.9 35.4 27.4 3.7 3.2 2.7 3.0 3.0 2.8 4.7 4.2 4.2 4.3 4.2 3.7 3.7 1.5 1.3 1.4 1.3 1.4 1.2 0.2 0.2
Total Non-Current Assets 12,665 12,141 12,040 12,558 12,422 12,462 12,616 11,335 11,322 10,977 10,952 11,016 10,919 10,586 10,030 10,235 10,357 10,510 10,237 10,378 10,065 10,072 10,168 9,685 9,104 8,593 8,453 8,311 8,213 7,236 6,547 6,503 6,055 6,110 6,023 5,839 5,787 5,662 5,516.9 5,381.2 5,165 959.2 1,040.5 1,030.7 909.6 903.4 385.4 82.5 82.3 82.1 67.6 59.1 55.6 31.5 27.3 23.6 23.0 21.3 17.9 15.6 12.3 12.3 12.3 11.3 10.1 9.3 7.6 7.6
Total Assets 20,500 20,692 20,134 20,164 19,967 19,966 20,164 18,580 18,408 18,483 18,079 17,967 18,147 17,852 17,347 17,258 17,434 17,852 17,232 16,829 16,660 16,923 18,787 18,216 17,429 16,204 15,844 15,517 16,096 15,913 15,274 14,806 15,045 15,221 14,580 13,938 13,629 14,262 13,716.7 13,140.1 12,735.9 3,764.2 3,509.7 3,338.2 2,673.3 2,429.0 1,739.0 442.7 389.4 360.6 271.4 241.7 231.5 200.8 138.6 123.3 111.8 109.5 95.4 83.0 72.8 69 61 56.4 53.8 51.7 44.7 40.1
Current Liabilities
Account Payables 363 308 284 279 326 340 304 298 291 337 325 318 332 360 367 357 394 361 351 351 349 389 420 359 289 239 246 254 262 215 223 217 293 210 186 179 189 175 171.5 164.5 213.2 81.0 85.6 54.6 45.7 55.7 29.8 9.2 8.5 9.4 6.8 5.6 6.9 4.8 3.0 2.0 2.2 2.9 1.9 1.5 1.8 1.4 1.2 1.1 1.7 1.7 0.9 0.9
Short-Term Debt 173 186 33 33 33 33 33 33 33 33 33 24 16 8 0 38 38 38 38 38 38 38 38 38 38 38 38 28 19 9 100 100 100 175 100 244 437 81 75 68.8 162.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8.9 0 0 0
Deferred Revenue 580 501 384 440 519 450 355 391 449 385 302 380 469 398 345 408 455 403 312 356 403 383 285 319 354 313 265 285 340 286 244 308 360 383 333 337 397 306 281.7 321.7 349.6 56.8 53.6 51.6 32.1 31.7 19.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 2,404 2,664 2,022 1,751 1,799 2,502 1,946 1,628 908 2,011 1,912 1,316 1,578 744 1,754 1,592 1,587 857 1,927 1,780 1,735 878 1,738 1,499 845 800 906 885 841 1,677 915 810 794 751 696 614 693 712 641.1 1,201.2 992.9 0 0 0 0 0 0 0 0 0 0 0 0 0 20.7 18.2 0 23.9 17.9 13.0 9.7 11.8 10.2 9.2 0.1 11.3 9 7.2
Total Current Liabilities 3,520 3,659 3,433 3,156 3,406 3,585 3,388 2,946 3,012 3,333 3,191 3,056 3,321 3,347 3,223 3,153 3,186 3,529 3,319 3,183 3,150 3,540 3,296 3,212 2,872 2,983 2,919 2,824 2,720 2,777 2,693 2,537 2,469 2,839 2,600 2,415 2,585 2,418 2,300.7 2,120 2,050.4 645.6 578.1 646.6 389.9 340.5 286.4 72.6 62.8 62.6 41.6 37.5 41.5 32.7 23.7 20.2 20.5 26.7 19.8 14.6 11.5 13.2 11.4 10.3 10.7 13 9.9 8.1
Non-Current Liabilities
Long-Term Debt 919 966 551 559 567 875 1,183 590 598 606 614 622 630 638 636 608 617 626 636 645 654 663 2,412 2,421 2,430 700 709 718 727 736 624 649 673 698 723 747 772 797 821.6 840 858.4 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
Deferred Tax Liabilities 195 168 168 169 171 154 218 203 201 226 220 220 215 180 190 207 213 218 214 230 204 206 310 28 31 35 57 44 177 183 157 145 113 146 5 5 6 6 3.7 3 9.1 6.1 0 0 0.6 1.8 0 20.5 22.3 23.9 26.4 24.5 24.5 25.5 22.4 20.1 18.4 16.7 15.4 13.9 12 10.4 8.6 7.9 7.7 0 4.8 3.8
Other Non-Current Liabilities 798 424 618 528 467 479 440 448 568 526 504 472 600 645 612 569 664 665 676 691 762 796 777 735 707 696 652 632 621 731 750 750 732 765 159 155 155 162 140.1 138.6 138.1 71.6 45.2 38.5 15.1 14.0 9.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) (0.1) 0.1 (0.1) 0 0.1 0.1
Total Non-Current Liabilities 1,912 2,018 1,804 1,720 1,662 1,973 2,324 1,736 1,906 1,923 2,006 2,008 2,165 2,196 2,166 2,155 2,275 2,332 2,367 2,441 2,473 2,547 4,351 4,032 3,944 2,199 2,223 2,136 2,240 1,712 1,603 1,621 1,588 1,713 1,001 1,040 1,061 1,116 1,123.7 1,157.2 1,073.2 77.7 45.2 38.5 15.7 15.8 9.2 20.5 22.3 23.9 26.4 24.5 24.5 25.5 22.4 20.1 18.4 16.7 15.4 13.9 12 10.3 8.5 8 7.6 6.1 4.9 3.9
Total Liabilities 5,432 5,677 5,237 4,876 5,068 5,558 5,712 4,682 4,918 5,256 5,197 5,064 5,486 5,543 5,389 5,308 5,461 5,861 5,686 5,624 5,623 6,087 7,647 7,244 6,816 5,182 5,142 4,960 4,960 4,489 4,296 4,158 4,057 4,552 3,601 3,455 3,646 3,534 3,424.4 3,277.2 3,123.6 723.3 623.4 685.1 405.6 356.3 295.5 93.1 85.1 86.5 68.0 62.1 66.0 58.2 46.1 40.3 39.0 43.4 35.2 28.4 23.5 23.5 19.9 18.3 18.3 19.1 14.8 12
Stockholders' Equity
Common Stock 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 6 6 6.1 6.1 6.1 3.0 3.0 3.0 2.9 2.9 2.9 1.3 0.6 0.6 0.6 0.6 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0 0 0 0 0
Retained Earnings 15,272 15,158 14,942 15,226 15,040 14,686 14,347 14,028 13,621 13,301 13,146 13,022 12,856 12,588 12,447 12,193 11,956 11,922 11,479 11,086 10,907 10,689 11,142 11,072 10,831 11,022 10,820 10,583 11,140 11,485 11,041 10,681 10,856 10,544 10,721 10,316 9,935 10,478 10,063.2 9,618.8 9,366.4 2,289.0 2,116.9 1,965.4 1,684.8 1,543.5 903.3 194.6 170.8 151.0 117.3 103.8 93.6 84.5 54.4 48.3 42.5 36.9 31.5 26.7 22.7 19.2 16.1 13.3 10.7 8 5.4 3.7
Accumulated Other Comprehensive Income (226) (160) (64) 43 (165) (296) 42 (150) (156) (94) (285) (141) (222) (299) (511) (269) (19) 37 33 82 81 110 (40) (188) (264) (38) (159) (70) (74) (114) (188) (94) 63 70 44 33 (17) (114) (56.2) (95.7) (61.6) (21.1) 44.0 20 7.9 (25.0) 16.8 4.3 5.5 4 (0.1) (0.2) (0.2) (0.3) (0.1) (0.2) (0.2) (0.1) (0.1) (0.0) (0.0) (6.8) (6) (5.3) (4.7) (4.1) (3.9) (3.2)
Total Stockholders' Equity 15,068 15,015 14,897 15,288 14,899 14,408 14,452 13,898 13,490 13,227 12,882 12,903 12,661 12,309 11,958 11,950 11,973 11,991 11,546 11,205 11,037 10,836 11,140 10,972 10,613 11,022 10,702 10,557 11,136 11,424 10,978 10,648 10,988 10,669 10,979 10,483 9,983 10,728 10,292.3 9,862.9 9,612.3 3,040.9 2,886.4 2,653.2 2,267.7 2,072.7 1,443.5 349.5 304.2 274.1 203.4 179.6 165.5 142.6 92.5 83.0 72.8 66.1 60.1 54.6 49.3 45.5 41.1 38.1 35.5 32.6 29.9 28.1
Total Liabilities & Equity 20,500 20,692 20,134 20,164 19,967 19,966 20,164 18,580 18,408 18,483 18,079 17,967 18,147 17,852 17,347 17,258 17,434 17,852 17,232 16,829 16,660 16,923 18,787 18,216 17,429 16,204 15,844 15,517 16,096 15,913 15,274 14,806 15,045 15,221 14,580 13,938 13,629 14,262 13,716.7 13,140.1 12,735.9 3,764.2 3,509.7 3,338.2 2,673.3 2,429.0 1,739.0 442.7 389.4 360.6 271.4 241.7 231.5 200.8 138.6 123.3 111.8 109.5 95.4 83.0 72.8 69 61 56.4 53.8 51.7 44.7 40.1
Debt Metrics
Total Debt 1,092 1,575 1,170 1,177 1,179 1,503 1,863 1,237 1,277 1,315 1,445 1,481 1,507 1,534 1,520 1,571 1,607 1,642 1,678 1,729 1,715 1,758 3,483 3,467 3,399 1,685 1,676 1,626 1,594 745 724 749 773 873 823 991 1,209 878 896.6 908.8 1,020.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8.9 0 0 0
Net Debt (412) (326) (1,171) (619) (801) (728) (150) (956) (954) (472) (759) (574) (951) (657) (522) (197) (585) (150) 14 361 (258) (922) (953) (955) (487) (960) (667) (34) 644 (416) (615) (152) (667) (1,052) (754) (166) (99) (1,156) (653.7) (775.7) (502.9) (1,039.7) (1,080.9) (1,100.9) (860.4) (758.6) (296.5) (197.0) (162.0) (194.2) (137.7) (126.6) (126.2) (123.1) (79.8) (67.7) (61.0) (62.0) (52.8) (45.2) (40.4) (42.6) (33.7) (29.4) (16.2) (28.4) (26.1) (21.5)
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
Operating Activities
Net Income 662 648 274 645 663 546 582 566 546 558 525 463 580 521 629 577 563 576 544 512 505 316 348 361 367 395 497 509 441 648 477 456 520 (18) 495 470 557 416 444.4 252.4 441.2 40.6 36.0 32.0 23.8 19.8 17.7 16.0 13.5 10.2 9.1 9.7 8.6 7.1 4.6 6.1 5.8 5.4 4.8 4.0 3.5 3 2.9 2.5 2.8 2.5 1.7
Depreciation & Amortization 141 140 135 139 136 141 133 133 133 127 273 131 132 141 141 144 143 144 144 145 141 152 138 136 133 151 127 125 123 120 119 114 107 111 107 94 96 100.6 97.8 92.9 87.7 5.6 5.4 5.1 3.8 3.9 3.5 3.0 2.8 2.6 2.2 2.0 1.7 1.9 1.8 1.6 1.5 1.3 1.2 1.0 1.0 0.8 0.9 0.7 0.6 0.6 0.6
Stock-Based Compensation 46 44 47 48 42 0 44 48 42 0 0 0 44 58 58 89 56 52 65 67 62 0 58 0 0 0 52 0 0 0 0 0 0 0 0 0 0 0 0 62.2 53.5 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
Change in Working Capital (705) 116 353 (380) (427) 334 173 (385) (632) 108 256 (515) (38) 163 228 (162) (553) 172 167 (178) (649) 474 78 447 (186) 388 (1) 36 (322) (31) 97 (138) (335) 536 157 (106) (401) 43.6 76.7 (9) (582.3) 9.1 (15.9) (42.2) (9.5) (23.7) 11.1 (9.1) (6.0) (9.3) 4.2 0.4 (0.2) (2.8) (3.1) 3.8 (4.8) 4.6 2.6 0.6 (8.0) 3.1 1.7 2.6 (7.2) (1) 1.8
Other Non-Cash Items 19 (2) 12 (9) (68) 52 (8) (1) 32 (4) (52) 54 27 (36) 30 24 27 0 1 (2) 0 62 (80) 109 202 107 65 43 69 3 174 159 94 37 68 64 16 85.2 45.4 3.6 0.1 24.3 9.3 12.4 14.5 4.4 9.1 8.1 4.1 3.2 6.5 3.2 2.1 0.8 2.9 2.0 2.2 0.5 0.5 0.8 0.0 0 (0.3) 0.1 0 0.2 0.1
Operating Cash Flow 274 858 1,227 398 400 920 847 262 95 737 828 36 729 702 1,032 528 306 825 948 541 181 898 925 979 497 938 717 575 269 702 862 640 388 836 773 521 277 598.6 594 359.6 68.8 62.9 31.1 (0.4) 30.8 2.8 37.9 19.0 16.3 6.7 21.1 15.2 12.9 7.5 8.4 15.8 6.5 13.0 10.7 8.4 (1.9) 8.7 5.9 6.2 (2.2) 3.6 5.1
Investing Activities
Capital Expenditure (76) (77) (67) (67) (77) (83) (56) (79) (79) (78) (73) (68) (98) (90) (79) (43) (120) (65) (51) (75) (88) (89) (104) (93) (112) (93) (97) (96) (106) (96) (94) (91) (96) (80) (78) (60) (66) (87.2) (74.2) (74.9) (63.7) (27.2) (13.7) (8.6) (3.6) (2.7) (9.7) (6.6) (7.6) (6.1) (14.7) (2.8) (2.9) (1.9) (4.3) (5.4) (2.2) (4.3) (3.5) (2.1) (0.8) (1) (1.7) (2) (1.2) (1.3) (0.6)
Acquisitions (730) 0 0 0 70 0 (1,194) 0 (421) 0 0 0 (409) (367) 9 0 19 (255) (57) (348) (310) (54) (580) (403) (86) (239) (146) (35) (197) (632) (1) (477) (1) (144) (66) 0 (6) 0 0 (80.8) (70.5) (4.5) (14.1) (1.2) 0 (1.5) (4.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 5 (1) (16) 0 (1) 0 (1) 0 20 (259) (173) (29) (287) (729) (681) (120) (541) (916) (604) (232) (85) (182) (210) (256) (293) (167) (681) (368) (578) (1,285) (1,090) (553) (1,185) (1,044) (913) (1,584) (953.5) (1,282.6) (1,836.9) (1,096) (148.8) (43.2) (65.3) 0 (36.9) 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 (15) 2 1 0 5 0 1 262 226 133 156 321 666 542 253 921 363 617 306 92 179 208 447 182 250 750 2,079 1,027 756 1,114 1,074 423 1,249 1,064 584 1,747 1,099.4 778.1 1,960.7 1,001.8 142.0 35.3 40.6 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 0 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (149) (33.7) 124 (94) 0 0 0 0 0 0 0 (3.8) 0 (10.5) 0 (2.7) 0 0 0 0 0 0 (2.0) 0 0 0 0 0 0 0
Investing Cash Flow (806) (75) (66) (82) (7) (79) (1,250) (79) (238) 168 (199) (85) (215) (78) (257) (471) 700 (498) (407) (721) (538) (49) (658) (259) (272) (375) 340 1,267 356 (550) (266) (584) (227) (160) (124) (389) 91 (90.3) (612.4) (31.9) (228.4) (38.6) (35.8) (34.5) (3.6) (41.1) (13.7) (6.6) (11.5) (6.1) (25.1) (2.8) (5.6) (1.9) (4.3) (5.4) (2.2) (4.3) (3.5) (4.0) (0.8) (1) (1.7) (2) (1.2) (1.3) (0.6)
Financing Activities
Net Debt Issuance (11) (10) (11) (9) (312) (312) 589 (10) (40) (10) (4) (10) (1) 8 (21) (12) (14) (13) (12) (13) (15) (1,753) (12) (12) 1,727 (12) (7) (7) (2) 19 (25) (25) (114) 42 (170) (221) 329 (16) (14.5) (14) (13) 0 0 0 0 0 0 0 0 0 0 0 0 0.7 0 0 0 0 0 0 0.4 0 0 0 0 0 0
Stock Repurchased (444) (338) (463) (368) (209) (154) (242) (76) (133) (313) (315) (214) (222) (315) (315) (318) (474) (82) (129) (320) (240) (788) (248) (74) (511) (163) (259) (1,054) (771) (267) (45) (633) (316) (332) (13) (30) (1,514) (19.8) (157) (78) (257.4) 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
Dividends Paid (159) (151) (151) (153) (155) (150) (149) (150) (151) (146) (147) (148) (150) (139) (141) (141) (143) (127) (127) (127) (128) (118) (120) (121) (121) (110) (111) (116) (116) (116) (116) (118) (118) (86) (90) (89) 0 0 0 0 0 0 0 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 Financing Activities 0 0 0 0 0 0 0 0 0 0 0 0 0 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 8.8 (58) (201) 0 0 0 0 0 0 0 0.1 (3.0) 0 0 5.3 0 (0.0) (0.0) 2.4 0.0 0 0.5 0.0 0 0 0 0 0.2 0
Financing Cash Flow (597) (487) (612) (516) (657) (602) 212 (221) (304) (455) (450) (354) (350) (431) (458) (450) (600) (196) (239) (428) (340) (2,626) (347) (171) 1,135 (253) (340) (1,137) (839) (325) (146) (734) (488) (333) (231) (297) (1,124) 10.6 (118.5) (143.3) (467.8) 11.5 11.8 11.2 8.4 4.5 6.5 9.3 6.1 (0.2) 7.1 7.0 5.3 0.7 1.2 1.7 2.4 0.4 0.4 0.5 0.4 1.3 0.1 0.1 0.1 0.2 0
Cash Position
Net Change in Cash (1,130) 293 103 364 (54) (330) (350) 159 (26) (417) 149 (403) 267 149 274 (424) 400 128 296 (605) (707) (1,756) 14 536 1,241 302 683 710 (211) (178) 438 (698) (326) 1,925 1,577 1,157 0 0 0 160.7 (601.4) 34.8 5.1 (24.3) 35.0 (32.2) 34.5 22.0 11.1 0.4 3.1 19.2 12.7 6.2 5.2 12.1 6.7 9.1 7.6 4.8 (2.3) 8.9 4.3 4.3 (3.3) 2.5 4.5
Cash at Beginning 2,634 2,341 1,550 1,186 1,240 1,570 1,920 1,761 1,787 2,204 2,055 2,458 2,191 2,042 1,768 2,192 1,792 1,664 1,368 1,973 2,680 4,436 4,422 3,886 2,645 2,343 1,660 950 1,161 1,339 901 1,599 1,925 0 0 0 0 0 0 1,523.8 2,125.2 180.1 175.0 199.3 162.0 194.2 159.7 137.7 126.6 126.2 123.1 103.8 91.2 85.0 79.8 67.7 61.0 52.8 45.2 40.4 42.6 33.7 29.4 0 28.4 0 0
Cash at End 1,504 2,634 1,653 1,550 1,186 1,240 1,570 1,920 1,761 1,787 2,204 2,055 2,458 2,191 2,042 1,768 2,192 1,792 1,664 1,368 1,973 2,680 4,436 4,422 3,886 2,645 2,343 1,660 950 1,161 1,339 901 1,599 1,925 1,577 1,157 1,308 2,034 1,550.3 1,684.5 1,523.8 214.9 180.1 175.0 197.0 162.0 194.2 159.7 137.7 126.6 126.2 123.1 103.8 91.2 85.0 79.8 67.7 62.0 52.8 45.2 40.4 42.6 33.7 4.3 25.1 2.5 4.5
Free Cash Flow 198 781 1,160 331 323 837 791 183 16 659 755 (32) 631 612 953 485 186 760 897 466 93 809 821 886 385 845 620 479 163 606 768 549 292 756 695 461 211 511.4 519.8 284.7 5.1 35.7 17.3 (9.0) 27.2 0.1 28.2 12.4 8.6 0.7 6.4 12.5 10.0 5.6 4.1 10.4 4.3 8.7 7.2 6.3 (2.7) 7.7 4.2 4.2 (3.4) 2.3 4.5
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 5,413 5,333 5,415 5,245 5,115 5,082 5,044 4,850 4,760 4,758 4,897 4,886 4,812 4,839 4,857 4,906 4,826 4,777 4,744 4,585 4,401 4,184 4,243 4,000 4,225 4,284 4,248 4,141 4,110 4,129 4,078 4,006 3,912 3,828 3,766 3,670 3,546 3,461.9 3,453 3,370 3,202 3,232.5 3,187 3,085.1 2,911.4 2,742.2 2,581 2,517.1 2,422.3 2,355.5 2,305.7 2,161.2 2,020.7 1,948.2 1,891.7 1,795.2 1,711.3 1,663.7 1,601.0 1,485.2 1,371.3 1,310.6 1,216.9 1,105.2 959.7 902.7 853.5 776.6 745.9 753.0 734.7 685.4 643.1 600.0 558.8 516.5 460.3 424.4 377.5 336.8 285.5 256.9 235.5 211.7 181.7 172.8 155.4 138.7 119.7 108.2 87.4 67.0 54.4 43.5 45.4 43.4 41.1 37.1 31.8 27.1
Gross Profit 1,604 1,659 1,834 1,766 1,718 1,785 1,733 1,646 1,614 1,677 1,688 1,655 1,669 1,687 1,777 1,787 1,729 1,747 1,797 1,722 1,637 1,522 1,596 1,385 1,478 1,535 1,567 1,512 1,535 1,589 1,598 1,589 1,511 1,468 1,429 1,409 1,352 1,384.4 1,376 1,332 1,287 1,298.9 1,252.4 1,240.3 1,184.2 1,102.8 1,011.2 1,017.6 989.9 944.3 923.4 889.2 820.8 797.3 779.8 764.3 726.8 693.0 676.1 624.4 589.1 552.6 517.3 464.1 403.8 381.9 377.9 343.3 326.2 333.3 328.8 304.6 276.8 258.4 241.6 224.2 205.4 191.8 169.1 148.5 126.9 120.9 107.4 93.9 83.7 78.1 70.8 63.2 54.7 49.6 40.2 30.8 25.0 21.5 22.0 21.0 20.0 18.0 15.4 13.1
Operating Income 817 853 866 817 853 751 738 708 695 724 686 577 702 686 798 760 724 732 729 696 669 465 603 467 579 626 669 619 539 693 745 670 693 657 648 606 570 561 583.4 590.9 554 553.4 542.8 545.5 500.3 479.4 457.5 487.9 460.0 447.8 437.4 426.8 365.9 356.3 355.4 332.0 317.9 308.1 293.0 270.0 265.4 244.6 228.3 205.9 183.0 166.9 161.8 151.7 138.1 142.7 142.6 119.7 111.7 106.1 101.1 90.7 83.6 76.4 68.8 60.7 53.2 51.0 47.0 42.4 37.2 35.3 30.9 27.8 23.7 21.4 17.1 13.2 10.7 9.0 8.9 8.4 7.9 7.1 6.0 5.1
Net Income 662 648 274 645 663 546 582 566 546 558 525 463 580 521 629 577 563 576 544 512 505 316 348 361 367 395 497 509 441 648 477 456 520 (18) 495 470 557 416 444.4 252.4 441.2 423.4 397.2 420.1 382.9 362.9 355.6 371.9 348.9 324.3 319.6 300.4 284.2 278.8 276.9 251.9 243.7 240.1 227.1 208.0 208.3 206.2 203.7 172.2 151.5 144.0 136.6 141.3 113.1 112.3 112.8 103.9 101.9 96.3 96.2 82.3 75.4 69.5 61.0 55.1 47.2 57.7 40.6 36.0 32.0 30.6 26.1 23.8 19.8 17.7 13.5 9.1 8.6 4.6 5.8 5.6 5.4 4.8 4.0 3.5
EPS (Diluted) 1.39 1.34 0.56 1.31 1.34 1.10 1.17 1.14 1.10 1.11 1.04 0.91 1.14 1.02 1.22 1.11 1.07 1.10 1.03 0.97 0.95 0.59 0.64 0.67 0.67 0.72 0.90 0.90 0.77 1.12 0.82 0.78 0.88 -0.03 0.84 0.80 0.92 0.68 0.73 0.41 0.72 0.69 0.65 0.68 0.62 0.59 0.58 0.61 0.57 0.53 0.53 0.49 0.47 0.46 0.46 0.41 0.39 0.40 0.37 0.33 0.33 0.34 0.33 0.28 0.25 0.24 0.23 0.24 0.19 0.19 0.19 0.17 0.17 0.17 0.16 0.14 0.12 0.12 0.10 0.09 0.08 0.10 0.07 0.06 0.05 0.06 0.05 0.04 0.03 0.03 0.03 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Balance Sheet
Cash & Equivalents 1,504 1,901 2,341 1,796 1,980 2,231 2,013 2,193 2,231 1,787 2,204 2,055 2,458 2,191 2,042 1,768 2,192 1,792 1,664 1,368 1,973 2,680 4,436 4,422 3,886 2,645 2,343 1,660 950 1,161 1,339 901 1,440 1,925 1,577 1,157 1,308 2,034 1,550.3 1,684.5 1,523.8 1,039.7 1,080.9 1,100.9 860.4 758.6 296.5 197.0 162.0 194.2 137.7 126.6 126.2 123.1 79.8 67.7 61.0 62.0 52.8 45.2 40.4 42.6 33.7 29.4 25.1 28.4 26.1 21.5
Total Assets 20,500 20,692 20,134 20,164 19,967 19,966 20,164 18,580 18,408 18,483 18,079 17,967 18,147 17,852 17,347 17,258 17,434 17,852 17,232 16,829 16,660 16,923 18,787 18,216 17,429 16,204 15,844 15,517 16,096 15,913 15,274 14,806 15,045 15,221 14,580 13,938 13,629 14,262 13,716.7 13,140.1 12,735.9 3,764.2 3,509.7 3,338.2 2,673.3 2,429.0 1,739.0 442.7 389.4 360.6 271.4 241.7 231.5 200.8 138.6 123.3 111.8 109.5 95.4 83.0 72.8 69 61 56.4 53.8 51.7 44.7 40.1
Total Debt 1,092 1,575 1,170 1,177 1,179 1,503 1,863 1,237 1,277 1,315 1,445 1,481 1,507 1,534 1,520 1,571 1,607 1,642 1,678 1,729 1,715 1,758 3,483 3,467 3,399 1,685 1,676 1,626 1,594 745 724 749 773 873 823 991 1,209 878 896.6 908.8 1,020.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8.9 0 0 0
Stockholders' Equity 15,068 15,015 14,897 15,288 14,899 14,408 14,452 13,898 13,490 13,227 12,882 12,903 12,661 12,309 11,958 11,950 11,973 11,991 11,546 11,205 11,037 10,836 11,140 10,972 10,613 11,022 10,702 10,557 11,136 11,424 10,978 10,648 10,988 10,669 10,979 10,483 9,983 10,728 10,292.3 9,862.9 9,612.3 3,040.9 2,886.4 2,653.2 2,267.7 2,072.7 1,443.5 349.5 304.2 274.1 203.4 179.6 165.5 142.6 92.5 83.0 72.8 66.1 60.1 54.6 49.3 45.5 41.1 38.1 35.5 32.6 29.9 28.1
Cash Flow
Operating Cash Flow 274 858 1,227 398 400 920 847 262 95 737 828 36 729 702 1,032 528 306 825 948 541 181 898 925 979 497 938 717 575 269 702 862 640 388 836 773 521 277 598.6 594 359.6 68.8 62.9 31.1 (0.4) 30.8 2.8 37.9 19.0 16.3 6.7 21.1 15.2 12.9 7.5 8.4 15.8 6.5 13.0 10.7 8.4 (1.9) 8.7 5.9 6.2 (2.2) 3.6 5.1
Capital Expenditure (76) (77) (67) (67) (77) (83) (56) (79) (79) (78) (73) (68) (98) (90) (79) (43) (120) (65) (51) (75) (88) (89) (104) (93) (112) (93) (97) (96) (106) (96) (94) (91) (96) (80) (78) (60) (66) (87.2) (74.2) (74.9) (63.7) (27.2) (13.7) (8.6) (3.6) (2.7) (9.7) (6.6) (7.6) (6.1) (14.7) (2.8) (2.9) (1.9) (4.3) (5.4) (2.2) (4.3) (3.5) (2.1) (0.8) (1) (1.7) (2) (1.2) (1.3) (0.6)
Free Cash Flow 198 781 1,160 331 323 837 791 183 16 659 755 (32) 631 612 953 485 186 760 897 466 93 809 821 886 385 845 620 479 163 606 768 549 292 756 695 461 211 511.4 519.8 284.7 5.1 35.7 17.3 (9.0) 27.2 0.1 28.2 12.4 8.6 0.7 6.4 12.5 10.0 5.6 4.1 10.4 4.3 8.7 7.2 6.3 (2.7) 7.7 4.2 4.2 (3.4) 2.3 4.5