Delta Air Lines, Inc. logo DAL - Delta Air Lines, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 2
BUY 34
HOLD 8
SELL 0
STRONG
SELL 0
| PRICE TARGET: $83.91 DETAILS
HIGH: $95.00
LOW: $77.00
MEDIAN: $85.00
CONSENSUS: $83.91
UPSIDE: 10.20%
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 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 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3
Revenue
Revenue 15,854 16,003 16,673 16,648 14,040 15,559 15,677 16,658 13,748 14,223 15,488 15,578 12,759 13,435 13,975 13,824 9,348 9,470 9,154 7,126 4,150 3,973 3,062 1,468 8,592 11,439 12,560 12,536 10,472 10,742 11,953 11,775 9,968 10,245 11,061 10,747 9,101 9,458 10,483 10,447 9,502 11,107 10,707 9,388 9,647 11,178 10,621 8,916 9,076 10,490 9,707 8,500 8,602 9,923 9,732 8,413 8,399 9,816 9,153 7,747 7,789 8,950 8,168 6,848 6,805 7,574 7,000 6,684 6,713 5,719 5,499 4,766 4,783 5,227 5,003 4,241 4,138 4,751 4,741 3,719 4,143 4,308 4,249 3,706 3,641 3,871 3,961 3,529 3,398 3,496 3,308 3,474 2,863 3,776 3,842 3,911 4,338 3,960 3,713 3,829
Cost of Revenue 11,315 12,425 12,759 11,610 11,027 11,115 11,530 11,539 10,900 10,735 11,301 10,913 10,963 10,164 10,606 10,552 8,663 7,814 7,439 6,684 5,827 5,078 4,649 4,481 7,323 8,431 8,789 8,800 7,964 8,224 8,756 8,602 7,743 7,395 7,765 7,346 6,823 7,027 7,001 6,618 6,517 7,389 6,782 6,661 9,079 8,323 7,724 7,068 7,038 7,506 7,577 7,062 12,740 7,203 8,219 6,869 4,647 5,781 5,548 4,931 2,922 4,675 4,283 3,929 3,003 4,350 3,764 3,355 3,619 3,311 3,062 2,725 0 2,458 2,218 926 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,105 0 1,252 1,320 1,140 0 1,140 1,049 1,078
Gross Profit 4,539 3,578 3,914 5,038 3,013 4,444 4,146 5,119 2,848 3,488 4,187 4,665 1,796 3,271 3,369 3,272 685 1,656 1,715 442 (1,677) (1,105) (1,587) (3,013) 1,269 3,008 3,771 3,736 2,508 2,518 3,197 3,173 2,225 2,850 3,296 3,401 2,278 2,431 3,482 3,829 2,985 3,718 3,925 2,727 568 2,855 2,897 1,848 2,038 2,984 2,130 1,438 (4,138) 2,720 1,513 1,544 3,752 4,035 3,605 2,816 4,867 4,275 3,885 2,919 3,802 3,224 3,236 3,329 3,094 2,408 2,437 2,041 0 2,769 2,785 3,315 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,369 0 2,524 2,522 2,771 0 2,820 2,664 2,751
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 0 187 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 590 616 1,037 1,143 676 1,045 963 1,191 675 625 618 651 500 432 473 453 239 (138) 197 103 3 84 100 50 398 488 539 538 427 468 535 511 427 443 499 467 404 419 466 437 402 463 421 386 411 476 440 373 391 447 408 357 (5,370) 440 393 380 2,193 2,364 2,187 2,096 3,659 2,258 2,169 2,036 1,522 2,106 2,406 2,062 1,831 1,345 1,340 1,316 1,491 1,357 1,292 1,191 477 1,500 412 553 484 491 497 487 (4,186) 469 2,053 2,067 2,159 2,197 2,163 (250) (4,050) (213) (207) (212) 2,194 (175) (167) (174)
Other Expenses 3,448 1,495 1,193 1,793 1,768 1,682 1,787 1,661 1,559 1,541 1,585 1,523 1,573 1,369 1,440 1,300 1,229 1,531 (687) (477) (282) (331) 4,699 1,752 1,281 1,121 1,161 1,070 1,061 947 1,017 978 954 1,026 974 952 875 992 1,047 969 866 1,042 1,030 943 985 1,544 878 855 946 974 808 859 759 972 986 782 745 808 793 805 (840) 808 782 761 1,335 785 771 777 591 410 404 408 3,194 483 527 1,449 3,655 3,083 3,960 3,651 4,334 4,057 3,881 4,176 8,208 3,825 2,149 1,850 1,605 1,103 1,507 9 8,035 (12) (38) (10) 1,568 92 107 (69)
Operating Expenses 4,038 2,111 2,230 2,936 2,444 2,727 2,750 2,852 2,234 2,166 2,203 2,174 2,073 1,801 1,913 1,753 1,468 1,393 (490) (374) (279) (247) 4,799 1,802 1,679 1,609 1,700 1,608 1,488 1,415 1,552 1,489 1,381 1,656 1,473 1,419 1,279 1,411 1,513 1,406 1,268 1,505 1,451 1,329 1,396 2,020 1,318 1,228 1,337 1,421 1,216 1,216 (4,611) 1,412 1,379 1,162 2,938 3,172 2,980 2,901 2,819 3,066 2,951 2,797 2,857 2,891 3,177 2,839 2,422 1,755 1,744 1,724 4,685 1,840 1,819 2,640 4,132 4,583 4,372 4,204 4,818 4,548 4,378 4,663 4,022 4,294 4,202 3,917 3,764 3,300 3,670 (241) 3,985 (225) (245) (222) 3,762 (83) (60) (243)
Operating Income
Operating Income 501 1,467 1,684 2,102 569 1,717 1,397 2,267 614 1,322 1,984 2,491 (277) 1,470 1,456 1,519 (783) 263 2,205 816 (1,398) (858) (6,386) (4,815) (410) 1,399 2,071 2,128 1,020 1,103 1,645 1,684 844 1,194 1,823 1,982 999 1,020 1,969 2,423 1,717 2,213 2,474 1,398 (828) 835 1,579 620 701 1,563 914 222 473 1,308 134 382 814 863 625 (85) 2,048 1,209 934 122 945 333 59 490 672 653 693 317 98 929 966 675 6 168 369 (485) (675) (240) (129) (957) (381) (423) (241) (388) (366) 196 (362) 2,610 (1,122) 2,749 2,767 2,993 576 2,903 2,724 2,994
Interest Expense 151 157 171 172 179 180 173 188 205 207 196 203 227 238 248 269 274 265 314 338 361 365 291 194 79 73 70 75 83 37 73 79 92 99 100 103 94 93 95 93 102 121 127 131 137 154 173 186 206 213 213 220 382 243 256 272 218 229 233 221 224 249 255 246 327 217 324 308 277 140 141 147 0 132 182 200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 0 0 0 4 4 9 10 19 21 25 27 0 42 37 10 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 1,136 2,008 3,169 3,348 1,106 2,017 2,377 2,581 942 3,092 2,311 3,093 285 1,912 1,748 1,812 (420) 374 2,347 1,615 (662) (244) (6,024) (6,231) 150 2,093 2,649 2,695 1,644 1,994 1,827 1,484 1,434 1,184 1,942 1,900 1,483 1,517 2,469 2,913 2,086 2,173 2,537 1,246 (1,106) 1,335 1,504 489 821 1,695 918 326 487 1,687 480 785 1,017 1,160 809 208 616 990 1,102 385 356 423 454 (102) (787) 383 (720) (5,946) 386 792 2,161 361 370 461 687 (184) (358) 77 197 (644) (66) (112) 70 (81) (59) 495 (75) 2,901 (812) 3,080 3,091 3,274 877 3,200 3,009 2,598
EBIT 501 1,388 1,948 2,746 499 1,382 1,734 1,961 327 2,482 1,717 2,520 (279) 1,358 1,210 1,302 (926) (130) 1,846 1,114 (1,154) (743) (6,568) (6,820) (528) 1,471 2,017 1,982 1,029 1,424 1,761 1,465 824 1,189 1,876 1,934 943 1,045 1,995 2,443 1,635 2,193 2,493 1,317 (1,003) 733 1,471 521 681 1,576 899 223 393 1,295 92 399 635 776 428 (168) 244 615 723 0 (28) 38 71 (486) (1,161) 90 (1,022) (6,243) 98 495 1,873 70 6 168 369 (485) (675) (240) (129) (957) (381) (423) (241) (388) (366) 196 (362) 2,610 (1,122) 2,749 2,767 2,993 576 2,903 2,724 2,994
Income Before Tax (214) 1,513 1,777 2,574 320 1,202 1,561 1,773 122 2,275 1,521 2,317 (506) 1,120 962 1,033 (1,200) (395) 1,532 776 (1,515) (1,108) (6,859) (7,014) (607) 1,398 1,947 1,907 946 1,387 1,688 1,386 732 1,090 1,776 1,831 849 952 1,900 2,350 1,533 2,072 2,366 1,186 (1,140) 579 1,298 335 475 1,363 686 3 11 1,052 (164) 127 417 547 195 (389) 20 366 468 (246) (355) (179) (253) (794) (1,438) (50) (1,163) (6,390) (105) 363 1,691 (130) (2,706) 29 (2,201) (2,090) (1,137) (1,107) (400) (1,215) (2,313) (652) (429) (598) (512) 301 (586) (287) (1,135) (99) (222) 364 744 376 580 569
Income Tax Expense 75 294 360 444 80 359 289 468 85 238 413 490 (143) 291 267 298 (260) 13 320 124 (338) (353) (1,480) (1,297) (73) 300 452 464 216 336 366 350 175 518 617 645 288 330 641 804 553 757 881 440 (428) 222 497 122 (8,004) (6) 1 (4) 5 5 4 3 (8) (2) (3) (71) 1 3 1 10 (330) (18) 4 0 0 0 (119) 0 (35) 143 99 0 (725) (23) 4 (21) 98 23 (18) (144) (107) (6) 1,534 (215) (185) 117 (223) (101) (401) (9) (89) 147 302 153 228 225
Net Income (289) 1,219 1,417 2,130 240 843 1,272 1,305 37 2,037 1,108 1,827 (363) 829 695 735 (940) (408) 1,212 652 (1,177) (755) (5,379) (5,717) (534) 1,098 1,495 1,443 730 1,051 1,322 1,036 557 572 1,159 1,186 561 622 1,259 1,546 980 1,315 1,485 746 (712) 357 801 213 8,479 1,369 685 7 6 1,047 (168) 124 425 549 198 (318) 19 363 467 (256) (25) (161) (257) (794) (1,438) (50) (1,044) (6,390) (70) 220 1,592 (130) (1,981) 52 (2,205) (2,069) (1,235) (1,130) (382) (1,071) (2,206) (646) (1,963) (383) (327) 184 (363) (186) (734) (90) (133) 217 376 223 352 278
Per Share Data
EPS (Basic) -0.44 1.88 2.19 3.29 0.37 1.29 1.98 2.04 0.06 3.19 1.73 2.86 -0.57 1.30 1.09 1.15 -1.48 -0.64 1.90 1.02 -1.85 -1.19 -8.47 -9.01 -0.84 1.71 2.31 2.22 1.10 1.50 1.91 1.47 0.78 0.42 1.65 1.68 0.83 0.85 1.70 2.04 1.26 1.67 1.85 0.91 -0.86 0.43 0.95 0.25 10.02 1.61 0.81 0.01 0.01 1.24 -0.20 0.15 0.51 0.66 0.24 -0.38 0.02 0.43 0.56 -0.31 -0.03 -0.19 -0.31 -0.96 -1.74 -0.13 -2.64 -16.15 -0.18 0.56 4.82 -0.66 -10.06 0.26 -11.18 -10.67 -6.52 -6.71 -2.60 -7.60 -15.65 -5.12 -15.74 -3.09 -2.64 1.49 -2.94 -1.51 -5.96 -0.73 -1.08 1.08 2.96 1.76 2.64 2.55
EPS (Diluted) -0.44 1.86 2.17 3.26 0.37 1.29 1.97 2.01 0.06 3.16 1.72 2.85 -0.57 1.29 1.08 1.15 -1.48 -0.64 1.89 1.02 -1.85 -1.19 -8.47 -9.00 -0.84 1.71 2.31 2.21 1.09 1.49 1.91 1.47 0.77 0.42 1.64 1.67 0.82 0.84 1.69 2.03 1.25 1.65 1.83 0.90 -0.86 0.42 0.94 0.25 9.88 1.59 0.80 0.01 0.01 1.23 -0.20 0.15 0.50 0.65 0.23 -0.38 0.02 0.43 0.55 -0.31 -0.03 -0.19 -0.31 -0.96 -1.74 -0.13 -2.64 -16.15 -0.18 0.56 4.68 -0.66 -10.06 0.22 -11.18 -10.67 -6.37 -6.71 -2.60 -7.60 -15.65 -5.12 -15.74 -3.09 -2.64 1.41 -2.94 -1.51 -5.96 -0.73 -1.08 1.02 2.96 1.67 2.52 2.39
Shares Outstanding 652 649 648 647 644 652 641 641 640 639 639 639 639 638 638 638 635.1 636 637 637 636 633.5 635 634.5 635.7 642 646 650 665 680 686 695 704 707.2 716 728 728 732 740 758 778 788 803 818 825 834 841 844 846 851 850 848 846 846 845 843 840 838 838 837 834 835 834 832 830 828 827 825 827.1 395.7 396 395.7 382.3 393.5 330 197.3 197.0 200 197.2 193.9 189.5 168.5 147.0 140.8 140.9 126.2 124.7 123.9 123.6 123.4 123.3 123.2 123.2 123.1 123.0 122.9 126.9 126.9 133.2 138.3
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 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 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 5,053 4,310 3,791 3,331 3,711 3,069 3,969 4,110 3,877 2,741 2,835 2,668 3,215 3,266 7,023 9,221 7,705 7,933 8,785 10,357 8,460 8,307 16,477 11,366 5,967 2,882 1,899 2,009 1,910 1,565 1,380 1,886 1,447 1,814 1,478 2,241 1,907 2,762 1,638 1,662 4,434 4,913 4,607 4,851 4,441 1,623 1,966 2,180 2,710 2,815 1,857 1,969 1,657 2,786 1,505 1,172 1,387 1,252 1,190 1,664 1,511 1,124 979 618 534 1,077 986 850 1,151 662 682 526 882 1,145 1,056 881 1,129 1,233 766 469 782 1,302 1,413.5 1,096.4 1,156.1 1,180.4 178.7
Short-Term Investments 0 0 0 0 0 0 8 124 589 1,127 2,170 3,368 3,396 3,268 1,345 1,549 2,250 3,386 4,417 4,873 5,575 5,789 5,048 4,302 0 0 0 0 0 0 478 520 523 825 960 747 743 487 1,514 1,289 0 0 71 91 67 767 0 0 0 0 0 0 0 5 5 5 478 493 817 653 93 19 34 186 603 557 504 503 504 508 402 504 505 507 504 503 503 529 761 911 906 408 0 0 0 0 0
Net Receivables 4,090 2,850 3,612 3,755 3,652 3,224 3,550 3,812 3,748 3,130 3,214 3,122 3,224 3,176 3,097 3,093 3,039 2,404 2,183 2,258 1,837 1,396 1,503 1,375 2,280 2,854 2,836 2,844 3,154 2,314 2,517 2,427 2,568 2,377 2,399 2,164 2,307 2,064 1,996 2,102 1,645 1,533 1,353 1,410 1,823 1,213 823 823 662 770 367 611 813 428 595 590 700 739 732 492 984 602 968 772 969 938 970 758 1,029 943 1,034 951 1,085 968 1,058 845 1,015 755 662 777 883 886 828.5 961.1 998.4 1,024.9 949.4
Inventory 1,767 1,601 1,543 1,525 1,486 1,428 1,467 1,486 1,452 1,314 1,507 1,438 1,379 1,424 1,473 1,734 1,292 1,098 1,012 1,005 828 732 746 847 974 1,251 1,072 1,083 1,071 1,055 1,170 1,589 1,146 1,329 1,136 938 855 891 775 795 285 319 327 372 380 257 215 208 202 190 177 164 158 911 911 574 516 506 0 0 416 0 420 488 475 0 92 90 85 341 92 87 68 589 60 67 66 195 66 79 75 560 71 80.5 84.3 90.6 88.1
Other Current Assets 2,753 2,205 2,284 2,371 2,387 2,123 2,068 2,056 1,913 1,957 2,529 2,484 2,187 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 496 773 645 620 780 677 719 1,386 357 1,010 917 933 899 802 842 505 585 589 857 462 485 455 948 403 759 890 751 464 699 666 720 413 661 619 572 352 454 451 428 234 556 524 551 336 450 435.9 497.7 526 364.8
Total Current Assets 13,663 10,966 11,230 10,982 11,236 9,844 11,062 11,588 11,579 10,269 12,255 13,080 13,401 13,011 14,799 17,313 15,720 15,940 17,471 19,666 17,853 17,404 25,030 18,915 10,275 8,249 6,944 7,134 7,196 6,340 6,726 7,641 7,724 7,804 7,083 7,177 6,880 7,451 7,329 7,638 7,868 8,361 7,991 8,299 8,057 5,645 3,816 4,684 4,967 5,087 3,716 3,902 3,844 4,290 3,256 2,930 3,938 3,452 3,781 3,890 3,536 2,672 2,740 2,466 2,857 3,362 3,251 2,867 3,489 2,867 2,871 2,687 3,112 3,282 3,132 2,747 3,141 3,014 2,811 2,760 3,197 3,223 2,763 2,573.9 2,736.5 2,821.9 1,581
Non-Current Assets
Property, Plant & Equipment 46,882 45,987 45,570 45,261 44,713 44,239 43,548 43,147 42,700 42,490 41,555 40,926 40,316 40,145 38,473 37,708 37,444 35,922 33,643 33,161 32,439 32,262 32,483 34,123 37,132 36,937 36,611 36,071 35,175 34,333 28,565 28,124 27,096 26,563 25,900 25,367 24,817 24,375 24,105 23,975 20,396 20,481 20,433 20,916 20,896 11,558 16,733 16,756 16,752 16,596 16,635 16,524 16,368 16,015 15,724 15,337 14,017 13,491 12,649 12,571 11,813 11,467 11,125 10,277 9,726 9,321 8,850 8,580 8,307 8,042 7,597 7,285 6,975 6,132 6,585 7,122 7,027 6,936 6,360 6,438 6,526 6,603 6,878.3 6,997.8 7,093.5 7,140.7 7,185.3
Goodwill 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,753 9,781 9,781 9,781 9,781 9,781 9,794 9,794 9,794 9,794 9,794 9,794 9,794 9,794 9,794 9,794 9,794 9,794 9,787 9,737 9,729 12,169 2,092 2,092 2,092 2,092 2,092 2,092 2,092 2,106 2,120 2,134 2,167 2,183 2,230 2,060 0 782 0 0 0 265 0 0 0 257 0 0 0 265 0 0 0 274 0 0 0 283 0 0 0 0 0
Intangible Assets 5,964 5,966 5,968 5,970 5,972 5,975 5,977 5,979 5,981 5,983 5,985 5,988 5,990 5,992 5,994 5,997 5,999 6,001 6,004 6,006 6,009 6,011 6,014 6,017 6,019 5,167 4,821 4,824 4,827 4,829 4,835 4,839 4,843 4,847 4,851 4,855 4,855 4,844 4,848 4,852 4,786 4,805 4,829 4,888 4,918 2,861 92 93 95 98 100 102 103 96 97 100 0 0 0 0 890 0 806 392 398 0 376 381 386 0 386 392 398 0 413 437 444 0 458 465 476 0 542.6 560.8 289.4 291.6 293.8
Long-Term Investments 3,696 4,222 3,883 3,556 2,819 2,846 3,272 3,022 3,247 3,457 2,291 2,389 2,249 2,128 1,585 1,771 1,999 1,712 1,919 2,143 1,929 1,665 1,562 1,633 3,684 2,568 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21 0 157 207 225 367 674 548 219 638 149 112 0 823 0 0 0 326 0 0 0 749 0 0 0 266 0 0 0 663 0 0 0 219 0 0 0 0 0
Other Non-Current Assets 4,473 4,291 3,219 2,873 2,849 2,715 1,756 1,708 1,709 1,692 1,408 1,361 993 934 1,057 1,044 1,299 1,773 2,180 2,422 2,794 2,913 2,929 1,820 1,875 1,714 5,062 4,708 4,862 4,744 4,651 4,594 3,446 3,309 2,878 2,545 2,363 1,733 1,722 1,578 965 898 749 640 795 540 1,442 2,549 2,429 1,684 1,765 1,893 1,405 1,503 1,010 1,051 1,464 804 1,375 1,238 1,178 800 1,494 1,592 1,458 1,329 1,393 1,309 1,353 674 1,638 1,662 1,654 1,063 1,981 1,692 1,677 1,079 1,869 1,721 1,741 801 1,523.3 1,467.8 1,610 1,616.8 1,068.2
Total Non-Current Assets 70,768 70,219 68,393 67,413 66,106 65,528 64,306 63,609 63,390 63,375 60,992 60,417 59,733 59,277 57,797 57,492 58,028 56,519 55,312 55,643 55,230 54,592 54,046 53,346 58,463 56,283 56,275 55,384 54,645 53,926 48,277 48,155 46,354 45,867 44,845 44,638 44,579 43,810 43,619 43,996 35,941 35,978 35,798 36,181 36,338 27,128 20,359 21,490 21,389 20,470 20,749 20,818 20,193 20,087 19,625 19,170 17,867 17,114 16,403 15,981 13,881 14,078 13,425 12,261 11,582 11,241 10,619 10,270 10,046 9,874 9,621 9,339 9,027 8,944 8,979 9,251 9,148 9,129 8,687 8,624 8,743 8,673 8,944.2 9,026.4 8,992.9 9,049.1 8,547.3
Total Assets 84,431 81,185 79,623 78,395 77,342 75,372 75,368 75,197 74,969 73,644 73,247 73,497 73,134 72,275 72,596 74,805 73,748 72,471 72,783 75,309 73,083 71,996 79,076 72,261 68,738 64,529 63,219 62,518 61,841 60,270 55,003 55,796 54,078 53,292 51,928 51,815 51,459 51,256 50,948 51,634 43,809 44,339 43,539 44,480 44,395 32,773 24,175 26,174 26,356 25,557 24,465 24,720 24,037 24,377 22,881 22,100 21,805 20,566 20,184 19,871 17,417 16,544 16,165 14,727 14,439 14,603 13,870 13,137 13,535 12,741 12,492 12,026 12,139 12,226 12,111 11,998 12,289 12,143 11,498 11,384 11,940 11,896 11,707.2 11,600.3 11,729.4 11,871 10,128.3
Current Liabilities
Account Payables 5,969 5,226 5,022 5,063 4,809 4,650 4,545 4,876 4,541 4,446 5,320 5,114 4,754 5,106 4,958 5,353 4,810 4,240 4,017 3,930 3,432 2,840 2,403 2,332 3,337 3,266 3,470 3,359 3,214 2,976 3,265 3,749 3,351 3,634 3,059 2,726 2,353 2,572 2,567 2,956 1,630 1,505 1,249 1,580 1,648 975 1,726 1,789 1,759 1,725 1,862 1,921 1,740 0 0 0 0 2,318 0 0 2,212 0 2,094 2,017 2,094 0 2,102 1,879 2,307 1,691 1,757 1,809 1,660 1,540 1,742 1,751 1,742 1,473 1,619 1,536 1,696 1,552 1,509.5 1,275.8 1,485.9 1,202 1,434.5
Short-Term Debt 3,088 2,414 2,849 2,220 2,938 2,175 3,324 2,950 2,809 2,983 1,981 2,065 2,136 2,359 2,031 1,936 1,116 1,782 2,296 2,372 2,983 1,732 5,045 5,230 4,337 2,287 2,196 2,281 3,055 1,518 1,176 1,342 2,289 2,242 1,224 1,098 1,040 1,131 1,092 1,115 1,555 5,657 1,533 5,826 6,140 904 499 784 1,002 845 1,093 666 978 1,506 851 63 526 569 669 670 701 660 723 323 138 67 152 353 286 298 114 111 107 98 216 208 206 212 54 57 37 238 46.4 209.7 69.8 47.2 33.4
Deferred Revenue 5,010 4,876 4,654 4,498 4,425 4,314 4,122 4,038 4,018 3,908 3,917 3,824 3,685 3,434 3,478 2,994 3,038 2,710 2,619 2,757 2,439 1,777 1,284 1,195 1,099 3,219 3,200 3,048 3,013 2,989 2,935 2,799 2,758 2,762 1,759 1,726 1,696 1,648 1,628 1,589 6,176 1,602 4,688 1,580 1,605 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 12,679 9,436 8,522 9,993 11,123 8,194 9,402 10,537 11,293 8,144 9,838 11,522 12,287 9,260 10,047 10,764 9,909 7,328 7,346 7,898 6,205 5,144 5,479 5,525 6,698 5,852 6,201 7,683 7,666 5,736 6,601 7,422 7,295 5,431 5,528 6,365 6,410 5,057 5,866 6,850 1,111 0 1,037 0 0 3,620 2,081 2,006 1,644 1,694 1,404 1,614 1,544 4,271 3,956 4,145 4,620 2,510 4,897 4,469 2,460 4,223 2,419 2,116 2,233 4,245 2,223 1,873 2,008 1,569 2,095 1,778 1,936 1,741 1,740 1,373 1,572 1,528 1,514 1,345 1,558 1,431 1,466.9 1,359 1,481.6 1,723.6 1,237
Total Current Liabilities 32,699 27,667 28,249 28,554 29,699 26,670 28,118 28,759 28,478 26,418 27,556 28,482 28,417 25,940 25,870 26,324 24,060 20,966 20,924 23,573 20,688 15,927 19,725 20,150 19,392 20,204 20,211 21,164 21,323 18,578 18,158 19,269 20,012 18,959 16,496 16,631 15,953 15,239 15,147 16,250 11,892 11,224 9,797 11,149 11,527 6,704 6,089 6,817 6,624 6,373 6,730 6,455 6,586 7,229 6,421 5,554 6,134 5,940 5,804 5,448 5,373 5,392 5,236 4,456 4,465 4,577 4,477 4,105 4,601 4,083 3,966 3,698 3,703 3,638 3,736 3,333 3,575 3,441 3,211 2,945 3,309 3,536 3,029.3 2,859.3 3,037.3 2,972.8 2,704.9
Non-Current Liabilities
Long-Term Debt 11,076 12,507 12,773 12,836 12,886 14,019 14,373 15,033 16,555 17,071 17,532 18,140 19,823 20,671 21,202 22,903 24,441 25,138 25,523 26,679 26,061 27,425 29,825 19,412 12,662 8,873 7,923 7,710 7,710 8,253 8,115 8,562 6,360 6,592 7,584 7,916 8,187 6,201 6,473 6,689 14,228 15,251 15,665 14,774 14,743 7,430 12,053 11,790 11,538 11,343 10,197 10,174 9,163 7,447 5,860 5,896 4,448 4,525 4,141 4,144 2,276 1,756 1,876 1,524 1,524 1,533 1,408 1,408 1,473 1,475 1,700 1,700 1,701 1,799 2,462 2,577 2,624 2,683 2,827 2,974 3,135 3,142 3,350.7 3,343.9 3,465 3,716.7 2,989.1
Deferred Tax Liabilities 3,496 3,369 2,961 2,626 2,229 2,176 1,675 1,410 994 908 0 0 0 24 0 0 0 0 0 0 0 0 0 447 1,502 1,456 1,245 0 0 163 0 0 0 0 0 0 0 0 0 0 1,803 1,731 1,917 1,886 1,901 1,524 278 0 0 0 0 0 827 746 1,235 1,226 1,236 869 1,089 953 986 755 520 427 339 262 121 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70.3
Other Non-Current Liabilities 16,784 7,150 6,994 6,887 6,824 6,888 7,007 6,960 7,065 7,162 7,919 7,686 7,344 7,757 9,687 9,998 10,451 10,563 13,151 13,499 15,438 15,992 14,508 12,405 9,951 9,838 9,835 10,541 10,481 10,132 11,419 11,417 11,513 12,031 11,566 11,508 12,113 15,256 14,543 14,591 12,673 12,933 12,967 12,324 12,277 4,801 8,707 8,595 8,775 7,079 6,941 7,098 4,565 4,246 4,245 3,744 4,358 4,212 4,193 4,182 (3,262) 4,203 (2,396) (1,951) (1,863) 3,959 (1,529) (1,408) (1,473) 3,854 (1,700) (1,700) (1,701) 3,873 (2,462) (2,577) (2,624) 4,006 (2,827) (2,974) (3,135) 3,665 (3,350.7) (3,343.9) (3,465) (3,716.7) (3,059.4)
Total Non-Current Liabilities 31,356 32,765 32,552 32,401 32,196 33,409 33,604 34,052 35,340 36,121 36,465 36,915 38,457 39,766 42,136 44,670 46,697 47,606 49,253 50,455 51,913 54,535 55,994 43,421 35,037 28,970 27,940 27,396 27,607 28,001 23,141 23,671 21,509 22,182 21,431 21,705 22,561 23,735 23,291 23,574 31,718 33,043 33,747 32,351 32,349 16,321 21,038 20,385 20,391 18,505 17,230 17,372 14,606 12,513 11,430 10,960 10,196 9,753 9,576 9,438 0 6,910 0 0 0 6,003 0 0 0 5,651 0 0 0 6,048 0 0 0 7,127 0 0 0 6,893 0 0 0 0 0
Total Liabilities 64,055 60,432 60,801 60,955 61,895 60,079 61,722 62,811 63,818 62,539 64,021 65,397 66,874 65,706 68,006 70,994 70,757 68,572 70,177 74,028 72,601 70,462 75,719 63,571 54,429 49,174 48,151 48,560 48,930 46,579 41,299 42,940 41,521 41,141 37,927 38,336 38,514 38,974 38,438 39,824 43,610 44,267 43,544 43,500 43,876 23,025 27,127 27,202 26,598 24,878 23,960 23,827 21,192 19,742 17,851 16,514 16,330 15,479 15,380 14,886 12,739 12,302 11,744 10,449 10,340 10,580 10,008 9,553 10,126 9,578 9,686 9,397 9,473 9,548 10,139 9,776 10,133 10,196 9,779 9,648 10,153 10,327 9,921.5 9,711.8 9,679.6 9,875.6 7,496.7
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 271 271 271 271 271 271 271 271 271 271 272 271 270 270 270 270 268 266 266 265 263 259 251 251 250 249 249 217 165 164 164 164 163 164 163 163 163.4 163.4 0 0 0
Retained Earnings 12,931 13,343 12,126 10,833 8,925 8,783 7,940 6,765 5,622 5,650 3,613 2,569 807 1,170 342 (353) (1,088) (148) 259 (953) (1,605) (428) 327 5,706 11,423 12,454 11,772 10,686 9,656 10,039 9,696 8,851 8,465 9,636 9,502 8,905 8,226 7,903 11,109 10,000 (9,634) (10,101) (9,845) (9,659) (9,402) 384 (1,512) 457 844 1,343 1,166 1,639 2,002 3,676 3,941 4,037 4,168 4,043 3,666 3,454 3,104 2,756 2,400 2,196 2,007 1,687 1,327 1,141 958 711 416 232 113 (119) (263) 38 (8) (184) (410) (374) (332) (490) (209.3) (102.6) 66.3 35.9 701.4
Accumulated Other Comprehensive Income (4,106) (4,135) (4,858) (4,899) (4,938) (4,979) (5,691) (5,740) (5,793) (5,845) (5,660) (5,709) (5,754) (5,801) (6,946) (7,008) (7,071) (7,130) (8,800) (8,882) (8,960) (9,038) (7,939) (7,937) (7,898) (7,989) (7,645) (7,694) (7,766) (7,825) (7,535) (7,606) (7,681) (7,621) (7,476) (7,549) (7,571) (7,636) (7,212) (7,279) (3,853) (3,502) (3,563) (2,963) (3,663) 15 (2,287) (2,326) (2,338) (1,481) (1,474) (1,562) 32 149 279 284 503 40 366 266 0 149 (6,658) (6,272) (6,146) 0 (5,943) (5,784) (5,607) (5,444) (5,339) (5,132) (4,989) (4,767) (4,768) (5,932) (5,800) 83 (5,559) (5,483) (5,398) (5,130) (5,200.2) (5,094.2) (4,964.5) (4,830.7) (4,712)
Total Stockholders' Equity 20,376 20,753 18,822 17,440 15,447 15,293 13,646 12,386 11,151 11,105 9,226 8,100 6,260 6,582 4,590 3,811 2,991 3,887 2,606 1,281 482 1,534 3,357 8,690 14,309 15,358 15,068 13,958 12,911 13,687 13,704 12,856 12,557 12,530 14,001 13,479 12,945 12,287 12,510 11,810 199 72 245 980 519 9,748 (2,952) (1,028) (659) 679 505 893 2,845 4,635 5,030 5,586 5,475 5,087 4,804 4,985 4,678 4,448 4,421 4,278 4,099 4,023 3,862 3,584 3,409 3,163 2,806 2,629 2,666 2,678 1,972 2,222 2,156 1,947 1,719 1,736 1,787 1,569 1,785.7 1,888.5 2,049.8 1,995.4 2,631.6
Total Liabilities & Equity 84,431 81,185 79,623 78,395 77,342 75,372 75,368 75,197 74,969 73,644 73,247 73,497 73,134 72,288 72,596 74,805 73,748 72,459 72,783 75,309 73,083 71,996 79,076 72,261 68,738 64,532 63,219 62,518 61,841 60,266 55,003 55,796 54,078 53,671 51,928 51,815 51,459 51,261 50,948 51,634 43,809 44,339 43,789 44,480 44,395 32,773 24,175 26,174 25,939 25,557 24,465 24,720 24,037 24,377 22,881 22,100 21,805 20,566 20,184 19,871 17,417 16,750 16,165 14,727 14,439 14,603 13,870 13,137 13,535 12,741 12,492 12,026 12,139 12,226 12,111 11,998 12,289 12,143 11,498 11,384 11,940 11,896 11,707.2 11,600.3 11,729.4 11,871 10,128.3
Debt Metrics
Total Debt 14,164 21,083 21,721 21,280 22,280 22,771 24,388 24,811 26,309 27,281 26,799 27,550 29,560 30,610 30,836 32,571 33,500 34,679 34,197 35,322 35,265 35,548 41,440 30,745 22,971 17,255 16,404 16,371 17,511 16,527 9,291 9,904 8,649 8,834 8,808 9,014 9,227 7,332 7,565 7,804 15,783 20,908 20,411 20,600 20,883 8,334 12,552 12,574 12,637 12,297 11,411 10,967 10,216 9,069 6,841 6,093 5,172 5,094 5,005 5,015 2,977 2,651 2,599 1,847 1,662 1,912 1,560 1,761 1,759 2,095 1,814 1,811 1,808 2,273 2,678 2,785 2,830 3,333 2,881 3,031 3,172 3,466 3,397.1 3,553.6 3,534.8 3,763.9 3,022.5
Net Debt 9,111 16,773 17,930 17,949 18,569 19,702 20,419 20,701 22,432 24,540 23,964 24,882 26,345 27,344 23,813 23,350 25,795 26,746 25,412 24,965 26,805 27,241 24,963 19,379 17,004 14,373 14,505 14,362 15,601 14,962 7,911 8,018 7,202 7,020 7,330 6,773 7,320 4,570 5,927 6,142 11,349 15,995 12,591 15,749 16,442 6,711 10,586 10,394 9,927 9,482 9,554 8,998 8,559 6,283 5,336 4,921 3,785 4,032 3,815 3,351 1,466 1,527 1,620 1,229 1,128 835 574 911 608 1,495 1,132 1,285 926 1,186 1,622 1,904 1,701 2,161 2,115 2,562 2,390 2,175 1,983.6 2,457.2 2,378.7 2,583.5 2,843.8
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 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 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 (289) 1,219 1,417 2,130 240 843 1,272 1,305 37 2,037 1,108 1,827 (363) 828 695 735 (940) (408) 1,212 652 (1,177) (755) (5,379) (5,717) (534) 1,099 1,495 1,443 730 1,019 1,312 1,025 547 572 1,178 1,224 603 622 1,259 1,546 (1,130) (382) (1,071) (1,963) (383) (327) (164) 184 (466) (363) (326) (186) (397) (734) (259) (90) 133 376 223 352 352 364 217 193 327 362 196 189 254 302 189 125 238 162 (276) 69 201 365 (11) (18) 72 275.6 (77.9) (141.1) 60.4 (47.7) (134)
Depreciation & Amortization 635 620 614 602 607 635 643 620 615 610 594 573 564 554 538 510 506 504 501 501 492 499 544 589 678 622 632 713 615 570 573 583 610 1,695 571 531 540 472 474 470 317 326 313 311 307 307 298 299 298 287 289 291 281 310 318 331 281 301 297 285 (396) 1,653 (241) (233) (218) 1,488 (218) (211) (198) 1,230 (180) (188) (152) 1,067 (142) (145) (146) 1,045 (133) (140) (150) 1,140.1 (154.3) (157) (150.8) (92.4) (232.5)
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 180 0 0 0 150 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 159 0 0 0 169 0 0 0 105 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,165 0 0 0 0 0 0 0 0 (2,243) 0 209 2,034 (193) 0 0 2,205 459 0 0 529 0 667 1,577 0 (465) 0 0 0 (735) 0 0 572 (488) 0 0 488 (327) (554) 883 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (280) 78 294 (93) (104) (178) 375 (298) 451 (20) 216 46 (58) 7 210 (103) (141) (49) 312 (173) (40) (278.8) 495.3 (166.5) 85 220.7 55.7
Other Non-Cash Items 921 421 (184) (875) 1,531 416 (641) 524 1,756 (39) (626) 0 0 (741) (364) 1,290 0 0 (1,562) 713 847 2,080 3,074 4,561 214 (299) 118 1,116 606 6 (395) 1,290 (551) (444) (137) 614 (2,387) 26 50 316 913 1,488 923 1,708 (204) 102 67 (148) 3 283 40 (68) 154 126 (76) 14 594 317 220 (364) 695 (961) 577 544 532 (807) 463 577 471 (792) 351 326 329 (593) 706 (12) 215 (851) 206 234 200 (10.5) 315.9 540.5 315.1 359.6 444.8
Operating Cash Flow 2,432 2,260 1,847 1,857 2,378 1,894 1,274 2,449 2,408 545 1,076 2,609 2,235 1,189 869 2,535 1,771 555 151 1,866 691 (1,286) (2,575) (290) 358 969 2,245 3,272 1,951 1,245 1,500 2,807 1,343 1,918 1,645 2,386 (801) 1,125 1,854 3,215 100 (102) 165 56 (280) 82 201 335 (165) 207 3 37 38 (298) (17) 255 1,008 994 740 273 371 1,134 847 411 537 865 816 257 978 720 576 309 434 732 346 114 199 530 347 4 233 451.5 575.3 (23.8) 321 389 78.8
Investing Activities
Capital Expenditure (1,200) (908) (1,160) (1,209) (1,224) (1,310) (1,328) (1,309) (1,193) (1,602) (1,269) (1,452) (1,000) (2,200) (1,442) (958) (1,766) (1,218) (830) (761) (438) (548) (198) (282) (937) (1,072) (944) (1,560) (1,360) (1,363) (967) (1,581) (1,265) (1,160) (941) (988) (802) (794) (680) (1,046) (143) (299) (289) (271) (249) (181) (259) (111) (193) (188) (97) (238) (763) (633) (611) (729) (1,093) (1,223) (434) (1,049) (583) (113) (1,310) (792) (604) (828) (500) (496) (467) (583) (517) (488) (360) (378) (42) (274) (242) (258) (157) (125) (86) (199.8) (74.3) (556.1) (374.8) (324.9) (249.1)
Acquisitions (54) 0 0 0 0 0 0 0 0 152 (152) 0 0 (717) (53) 0 (100) 0 0 0 0 0 0 465 (2,099) 279 (81) 0 0 0 0 0 0 (450) (173) 0 (622) 185 (385) (298) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 (151) (301) (1,013) (999) (2,129) (101) (248) (226) (1,856) (5,212) (2,427) (3,161) (4,700) (3,745) (4,955) 0 (170) 0 0 0 0 (27) (55) (63) (57) (301) (104) (463) (227) (229) (80) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 330 (164) (402) (74) 0 0 0 (46) 0 0 0 0 0 0 0 0 0 0 0 0 234 156 (13) (498) 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 7 117 467 546 1,059 1,527 1,064 897 221 295 943 1,346 2,878 5,664 3,123 3,371 3,955 3,000 654 0 73 0 (4) 206 276 69 58 363 189 88 100 207 1,250 385 298 0 0 0 0 0 181 (40) 289 26 58 (15) 3 41 137 95 53 15 0 73 1,052 115 0 185 0 0 0 (1) 1 9 0 100 2 3 0 (3) 2 26 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (9) 180 125 10 0 134 87 33 10 7 64 19 2 89 13 111 (3) (283) (6) 91 168 246 (266) 42 65 111 (100) (2) 49 67 16 33 38 146 5 14 (54) 31 22 14 (510) 200 222 45 57 (64) 86 4 2 18 62 6 4 (95) (345) 10 203 (203) (181) (1,254) 95 (540) 7 421 1 (50) 8 0 0 (104) 2 4 0 0 0 17 6 38 133 13 68 (401) 2.7 90.5 2.8 5.8 16.7
Investing Cash Flow (1,263) (728) (1,035) (1,199) (1,224) (1,169) (1,124) (809) (637) (535) (131) (1,382) (1,100) (4,736) (1,288) (152) (749) (479) (384) 26 (60) (1,048) (1,144) (4,076) (2,971) (779) (1,125) (1,566) (1,105) (1,020) (909) (1,545) (927) (1,332) (1,322) (978) (1,734) 445 (887) (1,112) (653) (99) (67) (226) (192) (64) (213) 182 (165) (112) (50) (229) (718) (591) (861) (666) (875) (1,096) (706) (1,653) (447) (653) (1,118) (371) (649) (878) (493) (495) (458) (687) (415) (482) (357) (378) (45) (255) (210) 14 132 (125) (516) (600.8) (71.6) (465.6) (372) (319.1) (232.4)
Financing Activities
Net Debt Issuance (314) (895) (242) (943) (531) (1,542) (262) (1,437) (712) 517 (724) (1,820) (1,166) (285) (1,795) (952) (1,443) (1,149) (1,552) (380) (1,775) (6,241) 10,128 9,996 (1,238) 1,042 (355) (1,165) (785) (311) (648) 1,275 (244) (439) (255) (276) 1,716 (306) (254) (690) 617 (100) 85 (42) (46) (178) (49) 733 315 276 (664) 1,070 (6) 330 2,173 764 (7) 170 (10) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (344) (225) (209) (268) (1,325) (325) (325) (600) (325) (327) (550) (600) (200) (300) (500) (1,026) 0 0 0 0 0 0 (4) 5 (14) (29) (2) (3) (8) 0 0 0 (2) 0 (500) 0 0 0 0 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 (129) (122) (122) (97) (99) (96) (97) (64) (64) (64) (64) 0 0 0 0 0 0 0 0 0 0 0 0 0 (260) (259) (260) (228) (233) (238) (240) (213) (217) (215) (219) (148) (149) (149) (150) (103) 0 (5) (5) 0 0 0 0 0 0 0 0 0 (3) 0 0 0 (3) (17) (3) (18) (4) (18) (4) (17) (4) (17) (5) (17) (4) (18) (4) (18) (4) (37) (23) (38) (22) (37) (23) (38) (22) (37.2) (22.6) (37.6) (22.6) (37.6) (22.6)
Other Financing Activities 8 16 (6) (30) (4) 48 (12) (11) (11) (37) (12) (11) (13) (20) (13) (14) (13) (18) (13) 50 985 284 119 (274) 7,186 284 (627) (1) 1,734 623 5 54 (1) 731 (62) (50) 313 309 (87) (330) (44) 1 5 0 (12) 143 (23) (292) (83) (59) 626 (641) (3) (17) (11) (4) 0 (1) 0 1,551 467 (318) 636 61 (427) 121 (183) (46) (27) (35) (1) (165) (336) (228) (103) (69) (71) (40) (159) (154) (215) 75.3 (164) 467.6 49.4 969.4 44.3
Financing Cash Flow (435) (1,001) (370) (1,070) (634) (1,590) (371) (1,512) (787) 416 (800) (1,832) (1,179) (305) (1,808) (966) (1,456) (1,167) (1,565) (330) (790) (5,957) 10,247 9,722 5,344 842 (1,451) (1,662) (609) (125) (1,203) 516 (787) (250) (1,086) (1,074) 1,680 (446) (991) (2,149) 573 (104) 85 (44) (58) (35) (76) 441 218 217 (43) 426 (17) 313 2,159 744 2 164 (508) 1,533 463 (336) 632 44 (431) 104 (187) (63) (31) (53) (5) (183) (340) (265) (126) (107) (93) (77) (182) (192) (237) 38.1 (186.6) 429.7 26.8 931.8 21.7
Cash Position
Net Change in Cash 734 531 442 (373) 563 (829) (158) 221 1,063 (29) 145 (391) (189) (3,768) (2,203) 1,500 (221) (851) (1,582) 1,856 174 (8,167) 5,187 5,473 2,912 1,149 (191) 169 355 178 (500) 452 (332) 336 1,478 2,241 0 0 0 (46) 20 (305) 183 (214) (530) (17) (88) 958 (112) 312 (90) 234 (697) (576) 1,281 333 135 62 (474) 153 387 145 361 84 (543) 91 136 (301) 489 (20) 156 (356) (263) 89 175 (248) (104) 467 297 (313) (520) (111.5) 317.1 (59.7) (24.2) 1,001.7 (131.9)
Cash at Beginning 4,501 3,970 3,529 3,800 3,237 4,066 4,224 4,003 2,940 2,969 2,824 3,215 3,404 7,172 9,375 7,875 8,096 8,947 10,529 8,673 8,499 16,666 11,479 6,006 3,094 1,945 2,136 1,967 1,612 1,434 1,934 1,482 1,814 1,478 0 0 2,762 0 0 1,708 1,341 1,646 1,463 2,180 2,710 2,727 2,815 1,857 1,969 1,657 1,747 1,513 2,210 2,786 1,505 1,172 1,252 1,190 1,664 1,511 1,124 979 618 534 1,077 986 850 1,151 662 682 526 882 1,145 1,056 881 1,129 1,233 766 469 782 1,302 1,413.5 1,096.4 0 1,180.4 0 0
Cash at End 5,235 4,501 3,971 3,427 3,800 3,237 4,066 4,224 4,003 2,940 2,969 2,824 3,215 3,404 7,172 9,375 7,875 8,096 8,947 10,529 8,673 8,499 16,666 11,479 6,006 3,094 1,945 2,136 1,967 1,612 1,434 1,934 1,482 1,814 1,478 2,241 1,907 2,762 1,638 1,662 1,361 1,341 1,646 1,966 2,180 2,710 2,727 2,815 1,857 1,969 1,657 1,747 1,513 2,210 2,786 1,505 1,387 1,252 1,190 1,664 1,511 1,124 979 618 534 1,077 986 850 1,151 662 682 526 882 1,145 1,056 881 1,129 1,233 766 469 782 1,302 1,413.5 (59.7) 1,156.2 1,001.7 (131.9)
Free Cash Flow 1,232 1,352 687 648 1,154 584 (54) 1,140 1,215 (1,057) (193) 1,157 1,235 (1,011) (573) 1,577 5 (663) (679) 1,105 253 (1,834) (2,773) (572) (579) (103) 1,301 1,712 591 (118) 533 1,226 78 758 704 1,398 (1,603) 331 1,174 2,169 (43) (401) (124) (215) (529) (99) (58) 224 (358) 19 (94) (201) (725) (931) (628) (474) (85) (229) 306 (776) (212) 1,021 (463) (381) (67) 37 316 (239) 511 137 59 (179) 74 354 304 (160) (43) 272 190 (121) 147 251.7 501 (579.9) (53.8) 64.1 (170.3)
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 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 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3
Income Statement
Revenue 15,854 16,003 16,673 16,648 14,040 15,559 15,677 16,658 13,748 14,223 15,488 15,578 12,759 13,435 13,975 13,824 9,348 9,470 9,154 7,126 4,150 3,973 3,062 1,468 8,592 11,439 12,560 12,536 10,472 10,742 11,953 11,775 9,968 10,245 11,061 10,747 9,101 9,458 10,483 10,447 9,502 11,107 10,707 9,388 9,647 11,178 10,621 8,916 9,076 10,490 9,707 8,500 8,602 9,923 9,732 8,413 8,399 9,816 9,153 7,747 7,789 8,950 8,168 6,848 6,805 7,574 7,000 6,684 6,713 5,719 5,499 4,766 4,783 5,227 5,003 4,241 4,138 4,751 4,741 3,719 4,143 4,308 4,249 3,706 3,641 3,871 3,961 3,529 3,398 3,496 3,308 3,474 2,863 3,776 3,842 3,911 4,338 3,960 3,713 3,829
Gross Profit 4,539 3,578 3,914 5,038 3,013 4,444 4,146 5,119 2,848 3,488 4,187 4,665 1,796 3,271 3,369 3,272 685 1,656 1,715 442 (1,677) (1,105) (1,587) (3,013) 1,269 3,008 3,771 3,736 2,508 2,518 3,197 3,173 2,225 2,850 3,296 3,401 2,278 2,431 3,482 3,829 2,985 3,718 3,925 2,727 568 2,855 2,897 1,848 2,038 2,984 2,130 1,438 (4,138) 2,720 1,513 1,544 3,752 4,035 3,605 2,816 4,867 4,275 3,885 2,919 3,802 3,224 3,236 3,329 3,094 2,408 2,437 2,041 0 2,769 2,785 3,315 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,369 0 2,524 2,522 2,771 0 2,820 2,664 2,751
Operating Income 501 1,467 1,684 2,102 569 1,717 1,397 2,267 614 1,322 1,984 2,491 (277) 1,470 1,456 1,519 (783) 263 2,205 816 (1,398) (858) (6,386) (4,815) (410) 1,399 2,071 2,128 1,020 1,103 1,645 1,684 844 1,194 1,823 1,982 999 1,020 1,969 2,423 1,717 2,213 2,474 1,398 (828) 835 1,579 620 701 1,563 914 222 473 1,308 134 382 814 863 625 (85) 2,048 1,209 934 122 945 333 59 490 672 653 693 317 98 929 966 675 6 168 369 (485) (675) (240) (129) (957) (381) (423) (241) (388) (366) 196 (362) 2,610 (1,122) 2,749 2,767 2,993 576 2,903 2,724 2,994
Net Income (289) 1,219 1,417 2,130 240 843 1,272 1,305 37 2,037 1,108 1,827 (363) 829 695 735 (940) (408) 1,212 652 (1,177) (755) (5,379) (5,717) (534) 1,098 1,495 1,443 730 1,051 1,322 1,036 557 572 1,159 1,186 561 622 1,259 1,546 980 1,315 1,485 746 (712) 357 801 213 8,479 1,369 685 7 6 1,047 (168) 124 425 549 198 (318) 19 363 467 (256) (25) (161) (257) (794) (1,438) (50) (1,044) (6,390) (70) 220 1,592 (130) (1,981) 52 (2,205) (2,069) (1,235) (1,130) (382) (1,071) (2,206) (646) (1,963) (383) (327) 184 (363) (186) (734) (90) (133) 217 376 223 352 278
EPS (Diluted) -0.44 1.86 2.17 3.26 0.37 1.29 1.97 2.01 0.06 3.16 1.72 2.85 -0.57 1.29 1.08 1.15 -1.48 -0.64 1.89 1.02 -1.85 -1.19 -8.47 -9.00 -0.84 1.71 2.31 2.21 1.09 1.49 1.91 1.47 0.77 0.42 1.64 1.67 0.82 0.84 1.69 2.03 1.25 1.65 1.83 0.90 -0.86 0.42 0.94 0.25 9.88 1.59 0.80 0.01 0.01 1.23 -0.20 0.15 0.50 0.65 0.23 -0.38 0.02 0.43 0.55 -0.31 -0.03 -0.19 -0.31 -0.96 -1.74 -0.13 -2.64 -16.15 -0.18 0.56 4.68 -0.66 -10.06 0.22 -11.18 -10.67 -6.37 -6.71 -2.60 -7.60 -15.65 -5.12 -15.74 -3.09 -2.64 1.41 -2.94 -1.51 -5.96 -0.73 -1.08 1.02 2.96 1.67 2.52 2.39
Balance Sheet
Cash & Equivalents 5,053 4,310 3,791 3,331 3,711 3,069 3,969 4,110 3,877 2,741 2,835 2,668 3,215 3,266 7,023 9,221 7,705 7,933 8,785 10,357 8,460 8,307 16,477 11,366 5,967 2,882 1,899 2,009 1,910 1,565 1,380 1,886 1,447 1,814 1,478 2,241 1,907 2,762 1,638 1,662 4,434 4,913 4,607 4,851 4,441 1,623 1,966 2,180 2,710 2,815 1,857 1,969 1,657 2,786 1,505 1,172 1,387 1,252 1,190 1,664 1,511 1,124 979 618 534 1,077 986 850 1,151 662 682 526 882 1,145 1,056 881 1,129 1,233 766 469 782 1,302 1,413.5 1,096.4 1,156.1 1,180.4 178.7
Total Assets 84,431 81,185 79,623 78,395 77,342 75,372 75,368 75,197 74,969 73,644 73,247 73,497 73,134 72,275 72,596 74,805 73,748 72,471 72,783 75,309 73,083 71,996 79,076 72,261 68,738 64,529 63,219 62,518 61,841 60,270 55,003 55,796 54,078 53,292 51,928 51,815 51,459 51,256 50,948 51,634 43,809 44,339 43,539 44,480 44,395 32,773 24,175 26,174 26,356 25,557 24,465 24,720 24,037 24,377 22,881 22,100 21,805 20,566 20,184 19,871 17,417 16,544 16,165 14,727 14,439 14,603 13,870 13,137 13,535 12,741 12,492 12,026 12,139 12,226 12,111 11,998 12,289 12,143 11,498 11,384 11,940 11,896 11,707.2 11,600.3 11,729.4 11,871 10,128.3
Total Debt 14,164 21,083 21,721 21,280 22,280 22,771 24,388 24,811 26,309 27,281 26,799 27,550 29,560 30,610 30,836 32,571 33,500 34,679 34,197 35,322 35,265 35,548 41,440 30,745 22,971 17,255 16,404 16,371 17,511 16,527 9,291 9,904 8,649 8,834 8,808 9,014 9,227 7,332 7,565 7,804 15,783 20,908 20,411 20,600 20,883 8,334 12,552 12,574 12,637 12,297 11,411 10,967 10,216 9,069 6,841 6,093 5,172 5,094 5,005 5,015 2,977 2,651 2,599 1,847 1,662 1,912 1,560 1,761 1,759 2,095 1,814 1,811 1,808 2,273 2,678 2,785 2,830 3,333 2,881 3,031 3,172 3,466 3,397.1 3,553.6 3,534.8 3,763.9 3,022.5
Stockholders' Equity 20,376 20,753 18,822 17,440 15,447 15,293 13,646 12,386 11,151 11,105 9,226 8,100 6,260 6,582 4,590 3,811 2,991 3,887 2,606 1,281 482 1,534 3,357 8,690 14,309 15,358 15,068 13,958 12,911 13,687 13,704 12,856 12,557 12,530 14,001 13,479 12,945 12,287 12,510 11,810 199 72 245 980 519 9,748 (2,952) (1,028) (659) 679 505 893 2,845 4,635 5,030 5,586 5,475 5,087 4,804 4,985 4,678 4,448 4,421 4,278 4,099 4,023 3,862 3,584 3,409 3,163 2,806 2,629 2,666 2,678 1,972 2,222 2,156 1,947 1,719 1,736 1,787 1,569 1,785.7 1,888.5 2,049.8 1,995.4 2,631.6
Cash Flow
Operating Cash Flow 2,432 2,260 1,847 1,857 2,378 1,894 1,274 2,449 2,408 545 1,076 2,609 2,235 1,189 869 2,535 1,771 555 151 1,866 691 (1,286) (2,575) (290) 358 969 2,245 3,272 1,951 1,245 1,500 2,807 1,343 1,918 1,645 2,386 (801) 1,125 1,854 3,215 100 (102) 165 56 (280) 82 201 335 (165) 207 3 37 38 (298) (17) 255 1,008 994 740 273 371 1,134 847 411 537 865 816 257 978 720 576 309 434 732 346 114 199 530 347 4 233 451.5 575.3 (23.8) 321 389 78.8
Capital Expenditure (1,200) (908) (1,160) (1,209) (1,224) (1,310) (1,328) (1,309) (1,193) (1,602) (1,269) (1,452) (1,000) (2,200) (1,442) (958) (1,766) (1,218) (830) (761) (438) (548) (198) (282) (937) (1,072) (944) (1,560) (1,360) (1,363) (967) (1,581) (1,265) (1,160) (941) (988) (802) (794) (680) (1,046) (143) (299) (289) (271) (249) (181) (259) (111) (193) (188) (97) (238) (763) (633) (611) (729) (1,093) (1,223) (434) (1,049) (583) (113) (1,310) (792) (604) (828) (500) (496) (467) (583) (517) (488) (360) (378) (42) (274) (242) (258) (157) (125) (86) (199.8) (74.3) (556.1) (374.8) (324.9) (249.1)
Free Cash Flow 1,232 1,352 687 648 1,154 584 (54) 1,140 1,215 (1,057) (193) 1,157 1,235 (1,011) (573) 1,577 5 (663) (679) 1,105 253 (1,834) (2,773) (572) (579) (103) 1,301 1,712 591 (118) 533 1,226 78 758 704 1,398 (1,603) 331 1,174 2,169 (43) (401) (124) (215) (529) (99) (58) 224 (358) 19 (94) (201) (725) (931) (628) (474) (85) (229) 306 (776) (212) 1,021 (463) (381) (67) 37 316 (239) 511 137 59 (179) 74 354 304 (160) (43) 272 190 (121) 147 251.7 501 (579.9) (53.8) 64.1 (170.3)