Devon Energy Corporation logo DVN - Devon Energy Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 45
HOLD 19
SELL 0
STRONG
SELL 0
| PRICE TARGET: $56.82 DETAILS
HIGH: $72.00
LOW: $42.00
MEDIAN: $57.00
CONSENSUS: $56.82
UPSIDE: 20.33%
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 3,807 4,121 4,331 4,284 4,452 4,403 4,024 3,917 3,596 4,145 3,836 3,454 3,823 4,299 5,432 5,626 3,812 4,273 3,466 2,417 2,050 1,280 1,067 394 2,087 1,224 1,746 1,806 1,079 3,708 2,156 1,922 2,198 3,983 1,933 2,165 3,551 2,808 2,882 2,488 2,126 2,886 3,601 3,393 3,265 5,995 5,336 4,510 3,725 2,624 2,720 3,091 1,972 2,581 2,160 1,894 2,352 2,690 2,764 2,804 2,315 1,324 2,353 2,232 3,220 1,799 2,098 2,090 2,028 2,710 5,978 3,548 2,975 3,197 2,763 2,929 2,473 2,522 2,722 2,617 2,717 3,218 2,704 2,468 2,351 2,465 2,267 2,219 2,238 1,920 1,813 1,228 1,165 739.5 725.2 1,023.6 880.9 714.8 400.8 347.7
Cost of Revenue 3,345 3,140 3,227 3,170 3,260 3,254 2,706 2,664 2,606 2,502 2,568 2,408 2,413 2,571 2,841 2,957 2,431 2,448 2,298 2,014 1,767 1,190 1,048 901 719 3,226 1,359 1,383 643 979 759 748 942 4,919 818 824 2,799 2,035 1,941 1,897 1,686 2,195 2,472 2,793 2,477 2,741 2,763 2,984 2,181 1,244 1,074 1,056 1,067 1,130 826 722 839 911 990 909 757 762 751 722 811 446 810 744 795 858 1,043 1,052 888 1,729 457 780 700 1,639 382 650 688 340 319 338 348 341 323 306 310 303 274 190 204 199.2 133.9 140.1 156.2 (3.7) 71.7 66.9
Gross Profit 462 981 1,104 1,114 1,192 1,149 1,318 1,253 990 1,643 1,268 1,046 1,410 1,728 2,591 2,669 1,381 1,825 1,168 403 283 90 19 (507) 1,368 (2,002) 387 423 436 2,729 1,397 1,174 1,256 (936) 1,115 1,341 752 773 941 591 440 691 1,129 600 788 3,254 2,573 1,526 1,544 1,380 1,646 2,035 905 1,451 1,334 1,172 1,513 1,779 1,774 1,895 1,558 562 1,602 1,510 2,409 1,353 1,288 1,346 1,233 1,852 4,935 2,496 2,087 1,468 2,306 2,149 1,773 883 2,340 1,967 2,029 2,878 2,385 2,130 2,003 2,124 1,944 1,913 1,928 1,617 1,539 1,038 961 540.4 591.3 883.5 724.7 718.5 329.1 280.8
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 125 135 114 113 130 155 113 114 114 111 99 92 106 122 95 84 94 95 95 94 107 82 75 79 680 (2,028) 107 114 885 1,264 1,329 1,284 1,072 374 1,013 1,030 231 163 141 147 194 194 198 212 251 252 195 189 211 157 143 167 150 198 150 176 168 182 138 135 130 164 131 130 138 163 137 182 166 179 146 180 148 (781) 424 113 119 (817) 407 90 90 506 364 374 389 429 389 379 420 359 370 317 276 37.1 24.6 22.3 18.8 25.3 16.1 16.6
Other Expenses 25 5 8 20 10 51 4 3 9 12 (5) 10 3 20 9 16 9 33 10 10 10 4 39 12 112 29 18 7 4 103 22 62 49 (745) (224) (231) (185) (27) (665) 1,941 (21) 22 (43) 9 (12) (2) (4) (89) (18) (4) (9) (4) (18) (32) 820 784 782 (23) (23) (23) 637 602 579 605 985 6,659 631 639 693 1,103 1,000 1,000 (22) 860 841 784 713 726 740 685 632 645 614 610 657 667 620 623 634 615 478 324 362 333.7 222.7 235.9 233.0 324.5 134.0 128.3
Operating Expenses 150 140 122 133 140 206 117 117 123 123 94 102 109 142 104 100 103 128 105 104 117 86 114 91 792 (1,999) 125 121 889 1,367 1,351 1,346 1,121 (371) 789 799 46 136 (524) 2,088 658 699 719 796 823 839 797 804 817 769 887 880 788 840 970 960 950 919 835 828 767 766 736 794 735 6,822 606 821 859 1,282 1,146 1,180 126 79 1,265 897 832 (91) 1,147 775 722 1,151 978 984 1,046 1,096 1,009 1,002 1,054 974 848 641 638 370.8 247.3 258.1 251.8 349.8 150.1 144.9
Operating Income
Operating Income 312 841 982 981 1,052 943 1,201 1,136 867 1,520 1,174 944 1,301 1,586 2,487 2,569 1,278 1,697 1,063 299 166 4 (95) (598) 576 (3) 262 302 (453) 1,362 46 (172) 135 (565) 326 542 706 637 1,465 (1,497) (3,500) (5,425) (5,444) (4,363) (5,495) 460 1,774 1,774 690 595 759 1,155 89 1,016 69 877 708 778 1,700 1,506 628 1,121 699 613 1,700 (5,469) 592 425 374 (9,829) 3,767 1,294 1,939 1,315 1,041 1,234 923 841 1,180 1,163 1,211 1,515 1,407 1,146 957 1,028 935 911 874 670 675 221 (328) (761.6) 267.0 625.4 467.4 311.5 179.0 135.9
Interest Expense 123 119 125 130 133 139 98 90 89 87 90 93 93 89 86 86 86 86 87 90 98 70 66 71 70 64 60 66 71 70 68 68 431 79 127 116 127 334 161 163 164 139 136 125 117 167 116 131 112 111 101 104 110 110 110 99 87 49 144 110 64 69 83 111 86 86 90 90 83 329 69 90 102 430 108 107 110 421 112 102 101 533 164 146 118 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 14 14 18 14 10 16 19 14 13 12 7 15 21 16 19 2 1 0 1 0 1 0 0 2 5 0 0 0 11 0 0 0 3 0 1 5 0 4 2 0 0 0 0 0 0 3 0 0 0 0 4 4 8 22 8 9 7 6 0 0 0 13 0 0 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,188 1,756 1,916 2,201 1,685 1,939 1,956 1,896 1,577 2,167 1,816 1,631 1,932 2,271 3,138 3,116 1,843 2,331 1,635 938 540 250 171 (316) (1,641) 302 631 658 (72) 1,988 395 (73) 232 610 656 658 981 900 1,726 (1,101) (3,143) (3,149) (4,477) (3,688) (4,704) 1,334 2,620 2,504 1,408 1,284 1,431 1,775 (1,148) 1,310 (335) 1,513 1,374 1,469 2,208 2,013 1,167 1,226 1,301 1,294 2,148 (5,135) 1,049 893 (5,545) 1,613 4,652 2,175 2,755 2,164 1,797 1,946 1,585 1,620 1,643 1,678 1,658 2,273 1,940 1,671 1,536 1,622 1,507 1,463 1,457 1,205 1,099 690 640 501.1 539.5 810 668.9 551.8 301.6 397.6
EBIT 284 866 1,037 1,287 773 968 1,162 1,128 855 1,517 1,165 993 1,317 1,646 2,557 2,588 1,354 1,754 1,057 402 73 (51) (128) (615) (2,042) (19) 250 284 (432) 1,565 53 (415) (167) (302) 286 289 453 528 1,332 (1,585) (3,526) (5,406) (5,493) (4,358) (5,508) 424 1,766 1,676 669 573 740 1,101 (1,855) (405) (1,053) 829 694 843 1,642 1,463 661 737 838 805 1,659 770 561 389 (6,079) 570 3,804 1,351 1,961 1,389 1,041 1,252 1,957 974 995 1,014 1,174 1,727 1,407 1,146 957 1,028 935 911 885 643 691 397 317 169.6 343.9 617 472.9 368.7 295.3 222.1
Income Before Tax 166 747 912 1,161 646 840 1,064 1,040 768 1,430 1,072 897 1,224 1,553 2,465 2,495 1,262 1,662 964 304 (32) (110) (193) (680) (2,107) (84) 190 219 (497) 1,484 (15) (483) (245) (432) 207 207 325 375 1,178 (1,745) (3,685) (5,542) (5,623) (4,479) (5,624) 291 1,654 1,554 560 475 639 997 (1,962) (501) (1,161) 734 611 794 1,538 1,378 580 668 699 613 1,588 684 592 425 (6,227) (9,921) 3,735 1,261 892 1,271 961 1,154 838 819 1,022 1,044 1,127 1,490 1,139 1,010 913 928 817 772 776 418 589 73 (430) (872.9) 240.1 576.8 436.9 271.1 153.4 108.2
Income Tax Expense 46 185 219 244 137 187 239 185 159 269 152 199 221 349 565 557 267 150 120 43 (248) (37) (90) (3) (417) (46) 54 68 (119) 335 (171) 13 (34) (233) 13 (5) 8 55 171 (182) (217) (630) (1,714) (1,686) (2,035) 670 613 854 231 268 210 314 (623) (144) (442) 257 197 273 498 1,194 191 190 270 261 514 275 93 128 (2,269) (3,088) 1,226 667 241 167 317 330 264 260 317 185 427 520 395 357 350 255 300 270 282 (125) 233 (22) (227) (355.0) 103.7 226.0 130.0 106.2 62.6 47.1
Net Income 120 562 687 899 494 639 812 844 596 1,152 910 690 995 1,201 1,893 1,932 989 1,506 838 256 213 (102) (92) (670) (1,816) (642) 109 495 (317) 1,149 2,537 (425) (197) (320) 193 219 303 331 993 (1,570) (3,056) (4,532) (3,507) (2,816) (3,599) (408) 1,016 675 324 207 429 683 (1,339) (357) (719) 477 393 507 1,038 2,743 416 562 2,090 706 1,192 667 499 314 (3,959) (6,816) 2,618 1,301 749 1,316 735 904 651 582 705 859 700 970 744 653 563 673 517 502 494 543 356 84 (104) (518.4) 136.4 400.3 306.9 164.9 90.7 61.1
Per Share Data
EPS (Basic) 0.19 0.91 1.09 1.42 0.77 0.98 1.31 1.35 0.95 1.81 1.44 1.08 1.53 1.83 2.92 2.96 1.51 2.24 1.24 0.38 0.33 -0.27 -0.25 -1.78 -4.82 -1.68 0.27 1.20 -0.74 2.50 5.17 -0.82 -0.38 0.35 0.43 0.81 1.08 0.63 1.90 -3.00 -6.45 -10.99 -8.64 -6.94 -8.87 -1.00 2.48 1.65 0.80 0.51 1.06 1.69 -3.33 -0.88 -1.80 1.18 0.97 1.27 2.51 6.50 0.97 1.33 4.81 1.59 2.67 1.49 1.13 0.71 -9.02 -15.63 5.93 2.91 1.68 2.96 1.65 2.02 1.46 1.31 1.59 1.94 1.58 2.19 1.66 1.40 1.17 1.40 1.06 1.04 1.03 1.14 0.84 0.27 -0.33 -1.75 0.52 1.54 1.19 0.64 0.60 0.41
EPS (Diluted) 0.19 0.90 1.09 1.41 0.77 0.99 1.30 1.34 0.94 1.81 1.41 1.08 1.54 1.82 2.89 2.93 1.49 2.23 1.24 0.38 0.32 -0.27 -0.24 -1.78 -4.82 -1.67 0.27 1.19 -0.73 2.48 5.14 -0.81 -0.38 0.35 0.43 0.80 1.07 0.63 1.89 -3.00 -6.38 -10.97 -8.53 -6.85 -8.78 -1.00 2.47 1.64 0.79 0.51 1.05 1.68 -3.30 -0.88 -1.80 1.18 0.97 1.27 2.50 6.48 0.97 1.33 4.79 1.58 2.66 1.49 1.12 0.70 -9.02 -15.35 5.88 2.88 1.66 2.96 1.63 2.00 1.44 1.31 1.57 1.92 1.56 2.19 1.63 1.38 1.14 1.40 1.03 1.01 1.00 1.14 0.81 0.27 -0.32 -1.75 0.49 1.48 1.19 0.61 0.59 0.40
Shares Outstanding 621 621 635 635 643 623 622 626 629 635 635 638 647 653 649 652 656 671 677 677 654 383 369.0 377 376.8 383 397 415 427.5 459 491 521 518.4 525 526 526 525 524 524 522.7 474.0 412.3 406.0 405.9 405.9 409 409 408 407 406 402 402 402.0 405 400 404 400 397 410 422 423 423 435 445 447 447 441.6 439 439 436 438 442 445 445 445 446 444 444 441 440 442 442 446 464 480 480 485 482 478 468 424 314 314 296 259.0 258.1 253.6 255.7 254.0 172.4
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 1,815 1,434 1,278 1,759 1,234 846 676 1,169 1,149 875 761 372 761 1,454 1,185 3,317 2,475 2,099 2,321 1,348 1,683 2,047 1,707 1,474 1,527 1,464 1,375 3,470 1,327 2,414 3,102 1,460 1,424 2,642 2,781 2,369 2,119 1,959 2,385 1,723 1,635 2,174 724 646 648 397 1,392 1,147 1,481 1,273 724 634 292 88 239.3 477.8 609.7 228 178.6 299.0 49.8 173 380.3 14 13.4 19.2 7.2 23.1 45.7 42.1 37.9 42.8 24.9 9.4 7.1 14.1 18.4 8.9 11.1 8.8 15.6 8.3 11.3 11.3 14.6 19.6 12.2 19.6 9
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 226 0 341 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,250 1,792 1,835 1,853 2,036 1,972 1,779 1,589 1,670 1,573 1,853 1,519 1,615 1,767 2,061 2,348 2,002 1,543 1,597 1,225 1,255 775 493 515 594 879 787 842 1,038 802 1,226 1,141 1,695 960 1,462 1,248 1,320 1,356 1,092 1,167 1,023 1,205 1,296 1,208 1,318 1,221 1,435 1,115 1,063 957 976 921 695 569 491.1 550.7 556.0 598.2 467.4 296.6 228.3 209.4 187.7 83.7 78.9 83.9 40 42.4 40 47.5 42.2 39.3 42.7 29.6 18.7 16.8 14.6 14.4 15.1 17.2 12.4 15.6 12.2 13.7 15.4 15.4 20.2 13.1 15.6
Inventory 319 336 361 327 332 294 293 258 234 249 233 201 212 201 0 0 0 114 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 68 70 72 71 31 26 33 42.6 40.2 40.3 47 55.0 14.5 14.8 39 16.8 2.6 2.8 2.8 2.3 2.3 2.7 4 2.2 2.1 2 2.1 0.9 0.7 0.6 0.6 0.6 0.5 0.5 0.5 0.7 0.5 0.6 0.7 0.7 0.5 0.5
Other Current Assets 378 444 393 384 303 315 484 343 345 460 365 513 601 469 763 686 496 493 309 503 529 438 1,277 1,389 1,934 1,508 684 855 338 1,211 429 11,219 516 1,160 379 469 336 457 974 1,092 268 1,670 1,728 1,138 358 652 516 34 71 62 68 51 51 146 46.9 42.8 44.2 44 83.5 18.6 20.7 62 11.8 4.5 6 4.7 1.6 2.1 2.9 70.4 2.9 3.5 3.8 2.3 1.6 1.8 1.4 1 0.8 1.6 1.4 0.9 1 1.5 2.2 0.7 1.8 2.9 3.9
Total Current Assets 4,762 4,006 3,867 4,323 3,905 3,427 3,232 3,359 3,398 3,157 3,212 2,605 3,189 3,891 4,009 6,351 4,973 4,249 4,227 3,076 3,467 3,260 3,477 3,378 4,055 3,851 2,846 5,167 2,703 4,437 4,757 13,820 3,635 4,791 4,622 4,086 3,775 3,772 4,451 3,982 2,950 5,049 3,748 2,992 2,577 2,376 3,684 2,364 2,685 2,364 1,839 1,637 1,064 836 819.9 1,111.5 1,250.1 934.1 784.5 628.6 313.6 417.2 596.6 104.8 101.1 110.6 51.1 69.9 91.3 93.2 85.2 87.7 73.4 43.4 28.3 33.4 35 24.9 27.6 28.1 29.9 25.3 25.2 27 32.8 36.4 34.9 36.1 29
Non-Current Assets
Property, Plant & Equipment 24,224 25,718 25,536 25,300 25,209 25,314 25,267 20,082 19,860 19,595 19,292 19,029 18,734 18,330 18,025 15,349 15,303 15,243 15,322 15,441 15,529 5,616 5,782 5,917 6,017 8,836 10,396 10,310 14,229 8,462 14,202 14,121 21,383 14,584 17,082 16,822 16,421 20,533 16,169 16,815 19,264 16,841 18,812 18,767 18,087 17,216 26,985 18,511 18,450 18,334 17,592 11,760 10,852 10,799 5,743.5 5,640.1 5,041.2 4,910 4,755.5 3,179.8 3,161.9 4,423 3,859.6 1,185.6 1,152.1 1,100.9 672.4 780.2 757.3 995.3 721.2 702.2 695.2 692.8 424.6 412.6 400.5 391.8 336.7 334.8 325.9 321.3 313.4 317 246.3 244.7 241.6 244.2 196.5
Goodwill 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 753 841 841 841 753 841 841 2,383 841 3,964 3,964 3,964 2,383 3,963 4,159 4,159 5,892 6,018 5,930 5,710 5,509 6,150 0 0 0 0 0 0 0 269.3 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
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,466 1,497 1,594 1,565 1,595 1,624 1,651 1,667 1,697 0 0 0 0 0 0 5,388 5,440 5,477 5,324 3,699 3,555 3,590 0 277.8 286.2 289.5 299.7 299.5 315.0 322.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 715 727 679 640 713 727 718 704 713 666 671 675 469 440 431 423 416 402 388 398 402 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 2,089 395 386 374 348 268 293 264 254 319 313 293 275 307 339 318 333 378 367 397 306 271 314 309 319 277 311 331 304 5,914 372 377 449 10,025 297 377 379 363 579 621 567 2,189 2,099 747 683 622 3,452 1,041 1,002 987 856 732 754 792 899.8 774.6 749.2 727 730.8 720.1 770.7 760 719.1 14.8 14.3 14.9 13.8 13.1 13.2 40.4 14.3 11.2 10.3 10.1 8.5 4.6 4.4 4.9 4 3.9 4.8 4.8 5.2 5.4 14.2 4.5 5 4.7 4.7
Total Non-Current Assets 27,781 27,593 27,354 27,067 27,023 27,062 27,031 21,803 21,580 21,333 21,029 20,750 20,231 19,830 19,548 16,843 16,805 16,776 16,830 16,989 16,990 6,652 6,849 6,979 7,089 9,866 11,548 11,482 15,374 15,129 15,415 15,339 25,681 25,450 22,937 22,728 22,359 22,141 22,362 23,262 25,687 24,922 26,929 26,694 24,480 23,347 36,587 24,940 24,892 24,798 23,772 16,191 15,161 15,181 6,912.6 6,692.5 6,076.6 5,926.3 5,786.0 4,199.3 4,247.6 4,206 4,578.7 1,200.4 1,166.4 1,115.8 686.2 793.3 770.5 753.2 735.5 713.4 705.5 702.9 433.1 417.2 404.9 396.7 340.7 338.7 330.7 326.1 318.6 322.4 260.5 249.2 246.6 248.9 201.2
Total Assets 32,543 31,599 31,221 31,390 30,928 30,489 30,263 25,162 24,978 24,490 24,241 23,355 23,420 23,721 23,557 23,194 21,778 21,025 21,057 20,065 20,457 9,912 10,326 10,357 11,144 13,717 14,394 16,649 18,077 19,566 20,172 29,159 29,316 30,241 27,559 26,814 26,134 25,913 26,813 27,244 28,637 29,971 30,677 29,686 27,057 25,723 40,271 27,304 27,577 27,162 25,611 17,828 16,225 16,017 7,732.5 7,804.0 7,326.8 6,860.5 6,570.5 4,827.9 4,561.2 4,623.2 5,175.3 1,305.2 1,267.5 1,226.4 737.3 863.2 861.8 846.4 820.7 801.1 778.9 746.3 461.4 450.6 439.9 421.6 368.3 366.8 360.6 351.4 343.8 349.4 293.3 285.6 281.5 285 230.2
Current Liabilities
Account Payables 975 2,281 934 885 923 806 995 754 879 760 812 843 935 859 761 668 576 500 537 487 564 242 415 309 444 428 513 522 603 530 777 771 862 633 797 692 638 642 529 545 640 1,133 1,199 1,137 1,074 1,261 1,268 1,108 1,119 1,174 929 862 637 606 452.7 421.5 431.6 457 370.7 152.4 133.5 334 156.4 46.2 73.9 52.7 20.8 22.1 23.3 59.9 23.1 24.6 21.4 15.4 6.6 9.5 9.8 11.2 12.5 10.1 12.4 13.8 14.9 12.8 16.6 18.6 17.9 18.8 8.3
Short-Term Debt 999 998 998 485 485 485 0 475 479 483 487 244 247 251 255 0 0 0 0 0 226 0 0 0 0 0 0 0 0 162 257 277 354 115 20 0 0 0 350 350 350 53 330 1,432 1,508 1,073 2,076 412 763 338 575 211 0 0 0 0 0 0 0 0 0 0 200 0 0 0 0 0 0 49 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 28 42 56 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,760 807 646 537 622 586 488 424 451 484 597 383 483 489 634 1,318 1,506 1,131 1,525 1,555 1,246 536 732 670 493 769 445 2,173 342 732 1,111 6,244 708 1,579 359 521 455 655 698 829 497 885 1,033 652 175 530 906 580 573 231 428 233 172 187 29.0 67.7 265.2 103 240.7 120.1 111.7 133 185 27.5 21.3 28 2.8 2.4 5.6 27.4 2.6 4.9 7.8 8.2 6.7 4.5 3.7 4.4 3.2 3 2.3 3.2 2 2.1 2 2.7 2.5 1.8 2
Total Current Liabilities 4,734 4,086 4,042 3,537 3,618 3,309 2,906 3,016 3,266 2,949 3,330 2,669 2,931 3,105 3,460 4,094 3,754 3,087 3,505 3,072 2,945 1,440 1,709 1,452 1,554 1,927 1,658 3,467 1,968 2,226 3,224 8,377 3,482 3,315 2,832 2,532 2,470 2,616 2,851 2,929 2,600 3,402 3,108 3,802 3,492 3,234 4,766 2,381 2,690 2,071 2,210 1,456 1,042 989 561.8 587.8 696.8 629.0 611.4 272.5 245.1 227.4 541.4 73.7 95.2 80.7 23.6 24.5 28.9 30.8 25.7 29.5 29.2 23.6 13.3 14 13.5 15.6 15.7 13.1 14.7 17 16.9 14.9 18.6 21.3 20.4 20.6 10.3
Non-Current Liabilities
Long-Term Debt 7,593 7,588 7,393 8,393 8,395 8,398 8,884 5,665 5,668 5,672 5,675 6,169 6,175 6,189 6,196 6,461 6,471 6,482 6,492 6,502 7,042 4,298 4,297 4,296 4,295 4,294 4,295 4,294 5,786 5,785 5,791 5,790 9,628 10,291 10,383 10,558 10,381 10,154 11,004 12,357 12,195 5,571 5,845 5,847 5,849 5,851 5,235 7,469 7,907 8,532 8,442 6,709 7,562 7,646 1,984.8 2,081.1 1,229.9 2,048.8 2,202.1 1,785.8 1,602.3 1,787.1 1,022.7 448 422.3 405.3 0 0 0 0 0 0 0 8 5 155 155 143 97 95 94 98 95 105 84 80 83 90 51.5
Deferred Tax Liabilities 2,862 2,627 2,466 2,208 2,189 2,148 2,082 1,917 1,878 1,838 1,676 1,662 1,543 1,463 1,196 753 450 287 0 0 0 0 0 0 0 341 523 483 772 877 543 432 773 835 665 659 651 648 631 555 731 1,714 2,003 1,899 1,587 1,364 5,992 4,332 4,334 4,370 4,076 2,862 2,627 2,529 1,112.8 1,010.4 728.6 626.8 483.2 431.9 424.2 390.9 691.7 44.1 36.2 33.2 67.6 105.9 104.6 101.5 104.5 99.2 92.8 81.1 45 40.9 37.4 34.5 31.2 29.5 28.1 27.3 24.1 22.7 10.9 8.6 8.1 7.6 6.6
Other Non-Current Liabilities 1,926 1,573 1,812 1,847 1,876 1,610 1,585 1,520 1,524 1,519 1,491 1,406 1,412 1,411 1,439 1,401 1,417 1,518 1,743 1,698 1,724 909 927 1,011 1,010 991 1,132 1,148 1,396 2,369 1,716 1,712 1,708 2,531 1,745 1,735 1,705 1,705 2,266 2,484 2,603 4,168 4,769 1,150 2,623 3,696 9,438 5,491 5,450 (3,237) 5,307 4,325 341 320 304.1 267.4 1,006.9 278.2 310.2 160.1 173.7 192.3 951.4 34.7 34.5 34.7 27.3 26.7 26.2 21 14.4 13.3 12 11.7 11.4 10.5 10.1 9.5 9.2 20.6 17 2.7 2.5 3.9 2.6 2.8 2.7 2.7 2.4
Total Non-Current Liabilities 12,381 11,985 11,829 12,561 12,537 12,476 12,879 9,417 9,371 9,324 9,132 9,536 9,386 9,320 9,090 8,874 8,589 8,539 8,491 8,458 9,026 5,453 5,469 5,552 5,550 5,870 6,194 6,188 8,252 8,154 8,050 7,934 12,109 12,822 12,793 12,952 12,742 12,922 13,901 15,396 15,529 9,739 10,614 10,314 9,883 9,547 14,673 12,960 13,357 14,035 13,749 11,034 10,530 10,495 3,401.7 3,359.0 2,965.4 2,953.9 2,995.4 2,377.8 2,200.2 2,370.3 2,665.8 526.8 493 473.2 94.9 132.6 130.8 122.5 118.9 112.5 104.8 100.8 61.4 206.4 202.5 187 137.4 145.1 139.1 128 121.6 131.6 97.5 91.4 93.8 100.3 60.5
Total Liabilities 17,115 16,071 15,871 16,098 16,155 15,785 15,785 12,433 12,637 12,273 12,462 12,205 12,317 12,425 12,550 12,968 12,343 11,626 11,996 11,530 11,971 6,893 7,178 7,004 7,104 7,797 7,852 9,655 10,220 10,380 11,274 16,311 15,591 16,137 15,625 15,484 15,212 15,538 16,752 18,325 18,129 13,141 13,722 14,116 13,375 12,781 19,439 15,341 16,047 16,106 15,959 12,490 11,572 11,484 3,963.5 3,946.8 3,662.2 3,582.9 3,606.8 2,650.3 2,445.3 2,597.7 3,207.2 600.5 588.2 553.9 118.5 157.1 159.7 153.3 144.6 142 134 124.4 74.7 220.4 216 202.6 153.1 158.2 153.8 145 138.5 146.5 116.1 112.7 114.2 120.9 70.8
Stockholders' Equity
Common Stock 62 62 63 64 64 65 66 63 63 64 64 64 64 65 65 66 66 66 68 68 67 38 38 38 38 38 39 41 42 45 47 51 53 53 53 53 53 52 52 52 52 44 45 45 44 44 45 24 24 24 24 16 16 16 13.0 13.0 12.9 12.9 12.8 8.7 8.7 8.6 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 10,171 10,200 9,788 9,252 8,506 8,166 7,670 7,132 6,509 6,195 5,535 4,940 4,712 4,297 3,981 3,107 2,013 1,692 750 243 218 208 351 586 1,298 3,148 3,812 3,738 3,280 3,650 2,505 6 473 702 (428) (656) (1,081) (1,646) (1,977) (2,970) (1,400) 9,369 8,733 7,613 6,589 6,347 11,564 2,557 2,082 1,614 688 341 (84) (158) 380.0 304.1 176.7 (214.7) (510.4) (26.4) (110.4) (164.7) (205.9) (225.6) (239.4) (242.9) 79.8 164.5 158.5 149.9 132.6 117.9 104.7 81.1 67.4 60.4 54.3 49.4 45.7 39.7 37.9 37.5 36.5 34.1 30.7 26.4 20.8 17.6 13
Accumulated Other Comprehensive Income (121) (122) (119) (120) (121) (122) (121) (122) (123) (124) (113) (114) (115) (116) (129) (130) (131) (132) (100) (101) (104) (127) (116) (117) (118) (119) (116) (117) 1,064 1,027 1,164 1,091 1,122 1,166 297 291 287 284 278 265 257 1,296 1,600 1,385 686 241 2,339 257 379 537 248 (13) (270) (301) (29.9) (43.8) (109.5) (85.4) (84.8) (80.2) (41.8) (66.5) 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
Total Stockholders' Equity 15,428 15,528 15,350 15,060 14,545 14,496 14,277 12,551 12,167 12,061 11,639 11,021 10,977 11,167 10,873 10,090 9,300 9,262 8,924 8,399 8,353 2,885 3,023 3,227 3,919 5,802 6,542 6,994 7,857 9,186 8,898 8,014 8,905 9,254 7,129 6,899 6,466 5,927 5,840 4,847 6,410 16,830 16,955 15,570 13,682 12,942 20,832 11,963 11,530 11,056 9,652 5,338 4,653 4,533 3,769.0 3,857.2 3,664.5 3,277.6 2,963.7 2,177.6 2,115.8 2,025.5 1,818.6 555.2 529.8 523 469.3 556.6 552.6 543.6 526.6 509.6 495.4 472.4 237.2 230.2 223.9 219 215.2 208.6 206.8 206.4 205.3 202.9 177.2 172.9 167.3 164.1 159.4
Total Liabilities & Equity 32,543 31,599 31,221 31,390 30,928 30,489 30,263 25,162 24,978 24,490 24,241 23,355 23,420 23,721 23,557 23,194 21,778 21,025 21,057 20,065 20,457 9,912 10,326 10,357 11,144 13,717 14,394 16,649 18,077 19,566 20,172 29,159 29,316 30,241 27,559 26,814 26,134 28,675 26,813 27,244 28,637 29,971 30,677 29,686 27,057 25,723 40,271 27,304 27,577 27,162 25,611 17,828 16,225 16,017 7,732.5 7,804.0 7,326.8 6,860 6,570.5 4,827.9 4,561.2 6,096 5,175.3 1,305.2 1,267.5 1,226.4 737.3 863.2 861.8 1,249 820.7 801.1 778.9 746.3 461.4 450.6 439.9 421.6 368.3 366.8 360.6 351.4 343.8 349.4 293.3 285.6 281.5 285 230.2
Debt Metrics
Total Debt 8,592 8,783 8,549 8,991 8,957 9,203 9,212 6,455 6,448 6,450 6,452 6,712 6,678 6,697 6,710 6,720 6,722 6,734 6,748 6,760 7,528 4,544 4,542 4,541 4,540 4,538 4,539 4,557 6,151 4,454 6,048 6,067 9,982 6,864 10,403 10,558 10,381 10,154 11,354 12,707 12,545 5,624 6,175 8,792 7,357 6,924 7,949 7,223 8,670 8,241 9,074 7,586 7,562 7,646 1,984.8 2,081.1 1,229.9 2,049 2,202.1 1,785.8 1,602.3 2,417 1,222.7 448 422.3 405.3 0 0 0 354.3 0 0 0 8 5 155 155 143 97 95 94 98 95 105 84 80 83 90 51.5
Net Debt 6,777 7,349 7,271 7,232 7,723 8,357 8,536 5,286 5,299 5,575 5,691 6,340 5,917 5,243 5,525 3,403 4,247 4,635 4,427 5,412 5,845 2,497 2,835 3,067 3,013 3,074 3,164 1,087 4,824 2,040 2,946 4,607 8,558 4,222 7,622 8,189 8,262 8,195 8,969 10,984 10,910 3,450 5,451 8,146 6,709 6,527 6,557 6,076 7,189 6,968 8,350 6,952 7,270 7,558 1,745.5 1,603.3 620.2 1,821 2,023.5 1,486.9 1,552.5 2,244 842.4 434 408.9 386.1 (7.2) (23.1) (45.7) 312.2 (37.9) (42.8) (24.9) (1.4) (2.1) 140.9 136.6 134.1 85.9 86.2 78.4 89.7 83.7 93.7 69.4 60.4 70.8 70.4 42.5
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 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 120 562 687 899 509 653 812 844 596 1,152 920 698 1,003 1,204 1,900 1,938 995 1,512 844 261 216 (98) (90) (668) (1,815) (640) 109 495 (317) 1,149 2,563 (335) (153) 304 247 451 579 320 1,007 (1,563) (3,468) 744 653 563 502 494 543 412 356 420 95 110 (208) 62 (518.4) 84.7 136.4 306.9 271.6 90.7 61.1 48 24.4 16.2 6 5 (83.1) 7.7 10.1 18.9 16.3 14.9 25.2 14.8 7.7 6.7 5.6 4.4 6.6 2.5 1 1.7 3.1 4 4.9 6.2 3.9 5.2 3.9
Depreciation & Amortization 904 890 879 914 26 971 24 768 722 650 0.7 0.6 615 1,695 0.6 528 489 2,158 0.6 0.5 0.5 301 0.3 299 0.4 1,497 0.4 0.4 0.5 1.7 0.4 0.4 0.5 2,074 400 381 381 1,792 394 484 542 533 533 579 552 572 562 508 427 296 269 299 323 320 331.5 215.9 195.2 196.0 298.2 122.6 117.9 114.3 85.5 35.7 33.6 55.6 23.2 23.3 21.7 24.9 20.3 20.6 19.5 11.8 11 10.5 10.1 9.6 9.4 9.6 9.5 8.6 9.2 8.2 8.1 7.6 7.4 6.1 7.3
Stock-Based Compensation 0 0 24 23 30 24 24 27 24 23 22 25 23 23 22 23 20 19 19 20 41 18 31 19 20 24 23 23 48 34 31 58 44 47 33 43 46 31 0 39 108 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (299) (38) (62) 134 117 (202) 16 (201) 170 45 (61) (140) 12 (46) (235) 198 (143) (74) 68 17 (127) 2 58 (99) (56) 18 13 (59) (302) 16 (51) (133) 6 (137) (1) 83 36 (171) 145 (171) 224 (336) (287) 319 (48) 57 (61) (79) 49 (41) (163) (52) 98 (60) (31.9) (20.4) (140.6) (150.9) 74.7 (42.2) (17.2) (164.5) (12.2) (26.1) 17.6 5.4 2 (4.4) 4.5 (1.2) (6.6) 3.8 (8.5) (3.1) (1.7) (2.1) (2.3) (0.2) (0.9) (3.5) 6.4 (5.6) 3.8 (2.8) (4.1) 2.1 (3.9) 13.1 (0.3)
Other Non-Cash Items 705 (2) (101) (443) 1,219 150 623 69 186 (289) 830.3 702.4 (56) (1,230) (28.6) (314) 312 (2,148) 547.4 770.5 704.5 171 6 235 2,559.6 (301) 302.6 94.6 1,054.5 (1,016.7) (1,576.4) 894.6 938.5 (1,318) 111 (143) (207) (1,463) 169 88 (67) 134 18 (71) 59 21 97 8 (37) (29) 311 (31) 523 29 912.9 12.6 74.1 11.6 101.4 0.1 2.4 0.1 (0.1) 0.1 (0.2) (126.6) 126.6 0.1 0 (0.2) 0.1 0.2 0 7.2 0 0.1 0 6.2 0.2 (0.1) 0 0.2 (0.1) (0.1) 0 0 0.2 0 (1.3)
Operating Cash Flow 1,664 1,574 1,690 1,545 1,942 1,664 1,663 1,546 1,738 1,745 1,725 1,405 1,677 1,911 2,104 2,678 1,837 1,616 1,598 1,093 592 377 472 107 398 571 501 623 377 542 853 505 804 725 776 810 834 536 726 335 149 1,267 997 1,388 1,137 1,223 988 1,014 939 827 578 280 524 372 385.5 373.8 370.0 485.6 751.8 200.2 181.4 13 106.7 28.8 57.1 93.2 30.8 28.3 39.3 39.7 35.2 45.8 48 30.7 21 18.8 16.3 16.4 17.3 10 17.6 6.7 17.3 11.3 11.1 17.5 8.8 26.2 11.5
Investing Activities
Capital Expenditure (1,029) (933) (870) (956) (942) (1,042) (4,479) (1,030) (902) (920) (905) (1,097) (1,025) (821) (3,093) (673) (538) (515) (484) (509) (499) (220) (204) (308) (429) (411) (541) (507) (559) (620) (617) (612) (838) (806) (741) (734) (767) (671) (424) (500) (2,376) (947) (1,109) (867) (765) (890) (782) (705) (588) (512) (377) (471) (388) (2,190) (3,974.5) (332.7) (672.8) (332.2) (644.1) (185.3) (118.6) (84.9) (107.2) (57.1) (82.8) (233.6) (52.7) (49.7) (39.5) (39.1) (39.5) (28.6) (23.3) (33.1) (23.2) (24.1) (18.5) (66.9) (17.3) (17.8) (15.6) (13.7) (9) (2.7) (10.2) (11) (8.5) (58.4) (7.7)
Acquisitions 2 2 0 0 0 0 0 13 29 22 11 (15) 0 43 4 (21) (22) (25) 0 60 344 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2,587) 0 0 (512) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (62) (2) (8) (2) 0 (30) (1) (47) (1) 0 (0.0) (37) (17) (16) (21) (0.0) (25) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (736) (1,618) (1,147) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 1 0 (1,069.0) 0 39 (4) 0 0.0 (487) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 190 0 0 0 0 494 2,102 1,081 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (2) (17) (152) 367 (792) (1) (4,318.1) 0 0 (1) (3) 1,079.0 (983) (73) 11 45 34 534 10 (3) 25 315 2 174 24 43 14 2,572 311 317 3,039 338 48 94 208 75 35 1,203 1,714 165 17 (11) 1,729 432 9 11 2,702 (3) 17 538 80 264 807 229 (0.4) 15.5 3.7 50.1 13.8 39.7 3.1 20.2 52.6 0.3 5.2 95.5 7.5 0.3 0.2 0.5 (2.6) 1.2 0.1 2.2 0.5 1.4 (0.1) 2.6 (6.2) 0.6 10 1.7 2.3 (32.6) (9.2) 4.5 (0.1) 5.3 1.7
Investing Cash Flow (1,029) (1,010) (1,024) (597) (802) (1,043) (4,349) (1,018) (920) (899) (897) (1,102) (1,033) (829) (3,098) (670) (526) (518) (474) (452) (130) 95 (202) (134) (405) (368) (527) 2,065 (248) (303) 2,422 (274) (790) (712) (533) (659) (542) 532 1,290 (335) (2,359) (1,200) 1,104 (501) (756) (879) (667) (708) (571) (486) (297) (207) 419 (1,961) (3,974.9) (317.3) (669.1) (282.1) (630.4) (145.6) (115.4) (64.7) (54.6) (56.8) (77.6) (138.1) (45.2) (49.4) (39.3) (38.6) (42.1) (27.4) (23.2) (30.9) (22.7) (22.7) (18.5) (64.3) (23.5) (17.2) (5.6) (12) (6.7) (35.3) (19.4) (6.5) (8.6) (53.1) (6)
Financing Activities
Net Debt Issuance (3) (8) (485) 0 (274) (2,747) 2,747 0 0 0 (242) 0 0 0 0 0 0 0 0 (742) (560) 0 0 0 0 0 0 0 (162) (94) (21) 0 (807) 6 (158) (226) 226 (1,204) (1,357) 160 137 (669) 0 0 (760) (211) (1) (190) 0 0 (78) (402) (873) 1,763 3,553.2 (100.0) 164.0 (156.6) (356.9) 324.7 (182.8) (197.1) 73.7 21.7 15.2 0 4.9 (7.9) (42.8) (2) 2 0 (8) 2.1 (149.1) (0.3) 12.3 46 2 1 (4) 3 (10) 21 4 (3) (7) 38.1 (3)
Stock Repurchased (69) (250) (250) (249) (301) (301) (295) (256) (205) (234) 0 (228) (517) (57) (126) (324) (211) (589) (3) (9) (33) (1) 0 0 (38) (103) (561) (187) (999) (759) (1,698) (428) (71) 0 (1) 0 0 0 0 0 0 (567) (1,005) (557) 0 0 0 0 0 0 0 0 0 0 (13.6) (176.7) (0.3) 0 (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (155) (149) (151) (156) (163) (143) (272) (223) (299) (488) (312) (462) (596) (875) (1,007) (830) (667) (554) (329) (229) (203) (138) (43) (42) (34) (34) (35) (37) (34) (37) (38) (42) (32) (32) (30) (33) (32) (31) (32) (33) (125) (35) (37) (38) (27) (26) (14) (14) (11) (10) (11) (9) (11) (10) (8.4) (8.8) (8.9) (9.6) (8.8) (6.8) (6.8) 0 0 (2.5) (2.4) (2.5) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.1) 0 0 (0.7) (0.6) (0.7) (0.6) (0.7) 0 (0.6) (0.7) (0.6) 0 (0.7) 0 0
Other Financing Activities (27) 0 (261) (19) (14) 2,741 12 (28) (37) (13) 1 (14) (98) (8) (10) (17) (81) (6) (5) (2) (28) 5 (3) 3 (15) 113 (1,572) (3) (7) (7) 68 67 (261) (104) 345 462 (373) (250) (15) (86) (715) 0 (354) 0 0 0 1 0 (330) (2) 0 0 0 0 0 0.1 4.3 (2.0) (43.2) (2.1) (4.5) (5) 1.0 0.7 0.4 59 5.2 0.4 5.2 6.3 (0.7) 1.2 0.3 1.1 144.4 0.1 0 0.1 6.5 0.1 0 2 (0.1) 0.4 0 1.2 0.1 (0.6) 0
Financing Cash Flow (254) (407) (1,147) (424) (752) (450) 2,192 (507) (541) (735) (553) (704) (1,211) (940) (1,143) (1,171) (959) (1,149) (337) (982) (824) (134) (46) (39) (87) (24) (2,168) (227) (1,221) (898) (1,689) (403) (1,213) (115) 156 92 (124) (1,428) (1,345) 100 1,509 (1,235) (1,372) (538) (707) (129) 90 (191) (306) (7) (76) (410) (875) 1,762 3,548.3 (294.8) 166.8 (154.1) (247.5) 194.9 (182.9) (161.9) 314 28.4 14.9 56.5 (1.3) (1.2) 3.6 3.2 2 (0.4) (9.3) 2.5 (5.4) (0.2) 11.6 45.7 8.3 0.5 (4.7) 2.4 (10.7) 20.7 3.4 (3.7) (7.6) 37.6 (2.1)
Cash Position
Net Change in Cash 381 156 (481) 525 388 170 (493) 20 274 114 273 (399) (567) 144 (2,147) 832 354 (50) 782 (339) (359) 340 228 (58) (117) 188 (2,197) 2,498 (1,091) (675) 1,596 55 (1,214) (108) 412 250 160 (426) 662 88 (675) (1,132) 728 347 (334) 208 433 116 90 342 204 (337) 58 174 (46.3) (238.6) (131.9) 49.4 (120.3) 249.2 (117.4) (213.1) 366.3 0.5 (5.7) 12.1 (16.1) (22.6) 3.7 3.2 2 (0.4) 15.4 2.5 (5.4) (0.2) 11.6 45.7 8.3 0.5 (4.7) 2.4 (10.7) 20.7 3.4 (3.7) (7.6) 37.6 (2.1)
Cash at Beginning 1,434 1,278 1,759 1,234 846 676 1,169 1,149 875 761 488 887 1,454 1,310 3,457 2,625 2,271 2,321 1,539 1,878 2,237 1,897 1,669 1,727 1,844 1,656 3,853 1,355 2,446 3,121 1,525 1,470 2,684 2,781 2,369 2,119 1,959 2,385 1,723 1,635 2,310 2,227 1,499 1,152 1,481 1,273 840 724 634 292 88 425 367 193 239.3 477.8 609.7 178.6 299.0 49.8 167.2 380.3 14 13.5 19.2 0 0 0 42.1 0 0 0 9.4 0 0 0 8.9 0 0 0 8.3 0 0 0 19.6 0 0 0 5.6
Cash at End 1,815 1,434 1,278 1,759 1,234 846 676 1,169 1,149 875 761 488 887 1,454 1,310 3,457 2,625 2,271 2,321 1,539 1,878 2,237 1,897 1,669 1,727 1,844 1,656 3,853 1,355 2,446 3,121 1,525 1,470 2,673 2,781 2,369 2,119 1,959 2,385 1,723 1,635 1,095 2,227 1,499 1,147 1,481 1,273 840 724 634 292 88 425 367 193 239.3 477.8 228.1 178.6 299.0 49.8 167.2 380.3 14 13.5 12.1 (16.1) (22.6) 45.8 3.2 2 (0.4) 24.8 2.5 (5.4) (0.2) 20.5 45.7 8.3 0.5 3.6 2.4 (10.7) 20.7 23 (3.7) (7.6) 37.6 3.5
Free Cash Flow 635 641 820 589 1,000 622 (2,816) 516 836 825 820 308 652 1,090 (989) 2,005 1,299 1,101 1,114 584 93 157 268 (201) (31) 160 (40) 116 (182) (78) 236 (107) (34) (81) 35 76 67 (135) 302 (165) (2,227) 320 (112) 521 372 333 206 309 351 315 201 (191) 136 (1,818) (3,589.0) 41.1 (302.8) 153.5 107.7 14.9 62.8 (71.9) (0.5) (28.3) (25.7) (140.4) (21.9) (21.4) (0.2) 0.6 (4.3) 17.2 24.7 (2.4) (2.2) (5.3) (2.2) (50.5) 0 (7.8) 2 (7) 8.3 8.6 0.9 6.5 0.3 (32.2) 3.8
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 3,807 4,121 4,331 4,284 4,452 4,403 4,024 3,917 3,596 4,145 3,836 3,454 3,823 4,299 5,432 5,626 3,812 4,273 3,466 2,417 2,050 1,280 1,067 394 2,087 1,224 1,746 1,806 1,079 3,708 2,156 1,922 2,198 3,983 1,933 2,165 3,551 2,808 2,882 2,488 2,126 2,886 3,601 3,393 3,265 5,995 5,336 4,510 3,725 2,624 2,720 3,091 1,972 2,581 2,160 1,894 2,352 2,690 2,764 2,804 2,315 1,324 2,353 2,232 3,220 1,799 2,098 2,090 2,028 2,710 5,978 3,548 2,975 3,197 2,763 2,929 2,473 2,522 2,722 2,617 2,717 3,218 2,704 2,468 2,351 2,465 2,267 2,219 2,238 1,920 1,813 1,228 1,165 739.5 725.2 1,023.6 880.9 714.8 400.8 347.7
Gross Profit 462 981 1,104 1,114 1,192 1,149 1,318 1,253 990 1,643 1,268 1,046 1,410 1,728 2,591 2,669 1,381 1,825 1,168 403 283 90 19 (507) 1,368 (2,002) 387 423 436 2,729 1,397 1,174 1,256 (936) 1,115 1,341 752 773 941 591 440 691 1,129 600 788 3,254 2,573 1,526 1,544 1,380 1,646 2,035 905 1,451 1,334 1,172 1,513 1,779 1,774 1,895 1,558 562 1,602 1,510 2,409 1,353 1,288 1,346 1,233 1,852 4,935 2,496 2,087 1,468 2,306 2,149 1,773 883 2,340 1,967 2,029 2,878 2,385 2,130 2,003 2,124 1,944 1,913 1,928 1,617 1,539 1,038 961 540.4 591.3 883.5 724.7 718.5 329.1 280.8
Operating Income 312 841 982 981 1,052 943 1,201 1,136 867 1,520 1,174 944 1,301 1,586 2,487 2,569 1,278 1,697 1,063 299 166 4 (95) (598) 576 (3) 262 302 (453) 1,362 46 (172) 135 (565) 326 542 706 637 1,465 (1,497) (3,500) (5,425) (5,444) (4,363) (5,495) 460 1,774 1,774 690 595 759 1,155 89 1,016 69 877 708 778 1,700 1,506 628 1,121 699 613 1,700 (5,469) 592 425 374 (9,829) 3,767 1,294 1,939 1,315 1,041 1,234 923 841 1,180 1,163 1,211 1,515 1,407 1,146 957 1,028 935 911 874 670 675 221 (328) (761.6) 267.0 625.4 467.4 311.5 179.0 135.9
Net Income 120 562 687 899 494 639 812 844 596 1,152 910 690 995 1,201 1,893 1,932 989 1,506 838 256 213 (102) (92) (670) (1,816) (642) 109 495 (317) 1,149 2,537 (425) (197) (320) 193 219 303 331 993 (1,570) (3,056) (4,532) (3,507) (2,816) (3,599) (408) 1,016 675 324 207 429 683 (1,339) (357) (719) 477 393 507 1,038 2,743 416 562 2,090 706 1,192 667 499 314 (3,959) (6,816) 2,618 1,301 749 1,316 735 904 651 582 705 859 700 970 744 653 563 673 517 502 494 543 356 84 (104) (518.4) 136.4 400.3 306.9 164.9 90.7 61.1
EPS (Diluted) 0.19 0.90 1.09 1.41 0.77 0.99 1.30 1.34 0.94 1.81 1.41 1.08 1.54 1.82 2.89 2.93 1.49 2.23 1.24 0.38 0.32 -0.27 -0.24 -1.78 -4.82 -1.67 0.27 1.19 -0.73 2.48 5.14 -0.81 -0.38 0.35 0.43 0.80 1.07 0.63 1.89 -3.00 -6.38 -10.97 -8.53 -6.85 -8.78 -1.00 2.47 1.64 0.79 0.51 1.05 1.68 -3.30 -0.88 -1.80 1.18 0.97 1.27 2.50 6.48 0.97 1.33 4.79 1.58 2.66 1.49 1.12 0.70 -9.02 -15.35 5.88 2.88 1.66 2.96 1.63 2.00 1.44 1.31 1.57 1.92 1.56 2.19 1.63 1.38 1.14 1.40 1.03 1.01 1.00 1.14 0.81 0.27 -0.32 -1.75 0.49 1.48 1.19 0.61 0.59 0.40
Balance Sheet
Cash & Equivalents 1,815 1,434 1,278 1,759 1,234 846 676 1,169 1,149 875 761 372 761 1,454 1,185 3,317 2,475 2,099 2,321 1,348 1,683 2,047 1,707 1,474 1,527 1,464 1,375 3,470 1,327 2,414 3,102 1,460 1,424 2,642 2,781 2,369 2,119 1,959 2,385 1,723 1,635 2,174 724 646 648 397 1,392 1,147 1,481 1,273 724 634 292 88 239.3 477.8 609.7 228 178.6 299.0 49.8 173 380.3 14 13.4 19.2 7.2 23.1 45.7 42.1 37.9 42.8 24.9 9.4 7.1 14.1 18.4 8.9 11.1 8.8 15.6 8.3 11.3 11.3 14.6 19.6 12.2 19.6 9
Total Assets 32,543 31,599 31,221 31,390 30,928 30,489 30,263 25,162 24,978 24,490 24,241 23,355 23,420 23,721 23,557 23,194 21,778 21,025 21,057 20,065 20,457 9,912 10,326 10,357 11,144 13,717 14,394 16,649 18,077 19,566 20,172 29,159 29,316 30,241 27,559 26,814 26,134 25,913 26,813 27,244 28,637 29,971 30,677 29,686 27,057 25,723 40,271 27,304 27,577 27,162 25,611 17,828 16,225 16,017 7,732.5 7,804.0 7,326.8 6,860.5 6,570.5 4,827.9 4,561.2 4,623.2 5,175.3 1,305.2 1,267.5 1,226.4 737.3 863.2 861.8 846.4 820.7 801.1 778.9 746.3 461.4 450.6 439.9 421.6 368.3 366.8 360.6 351.4 343.8 349.4 293.3 285.6 281.5 285 230.2
Total Debt 8,592 8,783 8,549 8,991 8,957 9,203 9,212 6,455 6,448 6,450 6,452 6,712 6,678 6,697 6,710 6,720 6,722 6,734 6,748 6,760 7,528 4,544 4,542 4,541 4,540 4,538 4,539 4,557 6,151 4,454 6,048 6,067 9,982 6,864 10,403 10,558 10,381 10,154 11,354 12,707 12,545 5,624 6,175 8,792 7,357 6,924 7,949 7,223 8,670 8,241 9,074 7,586 7,562 7,646 1,984.8 2,081.1 1,229.9 2,049 2,202.1 1,785.8 1,602.3 2,417 1,222.7 448 422.3 405.3 0 0 0 354.3 0 0 0 8 5 155 155 143 97 95 94 98 95 105 84 80 83 90 51.5
Stockholders' Equity 15,428 15,528 15,350 15,060 14,545 14,496 14,277 12,551 12,167 12,061 11,639 11,021 10,977 11,167 10,873 10,090 9,300 9,262 8,924 8,399 8,353 2,885 3,023 3,227 3,919 5,802 6,542 6,994 7,857 9,186 8,898 8,014 8,905 9,254 7,129 6,899 6,466 5,927 5,840 4,847 6,410 16,830 16,955 15,570 13,682 12,942 20,832 11,963 11,530 11,056 9,652 5,338 4,653 4,533 3,769.0 3,857.2 3,664.5 3,277.6 2,963.7 2,177.6 2,115.8 2,025.5 1,818.6 555.2 529.8 523 469.3 556.6 552.6 543.6 526.6 509.6 495.4 472.4 237.2 230.2 223.9 219 215.2 208.6 206.8 206.4 205.3 202.9 177.2 172.9 167.3 164.1 159.4
Cash Flow
Operating Cash Flow 1,664 1,574 1,690 1,545 1,942 1,664 1,663 1,546 1,738 1,745 1,725 1,405 1,677 1,911 2,104 2,678 1,837 1,616 1,598 1,093 592 377 472 107 398 571 501 623 377 542 853 505 804 725 776 810 834 536 726 335 149 1,267 997 1,388 1,137 1,223 988 1,014 939 827 578 280 524 372 385.5 373.8 370.0 485.6 751.8 200.2 181.4 13 106.7 28.8 57.1 93.2 30.8 28.3 39.3 39.7 35.2 45.8 48 30.7 21 18.8 16.3 16.4 17.3 10 17.6 6.7 17.3 11.3 11.1 17.5 8.8 26.2 11.5
Capital Expenditure (1,029) (933) (870) (956) (942) (1,042) (4,479) (1,030) (902) (920) (905) (1,097) (1,025) (821) (3,093) (673) (538) (515) (484) (509) (499) (220) (204) (308) (429) (411) (541) (507) (559) (620) (617) (612) (838) (806) (741) (734) (767) (671) (424) (500) (2,376) (947) (1,109) (867) (765) (890) (782) (705) (588) (512) (377) (471) (388) (2,190) (3,974.5) (332.7) (672.8) (332.2) (644.1) (185.3) (118.6) (84.9) (107.2) (57.1) (82.8) (233.6) (52.7) (49.7) (39.5) (39.1) (39.5) (28.6) (23.3) (33.1) (23.2) (24.1) (18.5) (66.9) (17.3) (17.8) (15.6) (13.7) (9) (2.7) (10.2) (11) (8.5) (58.4) (7.7)
Free Cash Flow 635 641 820 589 1,000 622 (2,816) 516 836 825 820 308 652 1,090 (989) 2,005 1,299 1,101 1,114 584 93 157 268 (201) (31) 160 (40) 116 (182) (78) 236 (107) (34) (81) 35 76 67 (135) 302 (165) (2,227) 320 (112) 521 372 333 206 309 351 315 201 (191) 136 (1,818) (3,589.0) 41.1 (302.8) 153.5 107.7 14.9 62.8 (71.9) (0.5) (28.3) (25.7) (140.4) (21.9) (21.4) (0.2) 0.6 (4.3) 17.2 24.7 (2.4) (2.2) (5.3) (2.2) (50.5) 0 (7.8) 2 (7) 8.3 8.6 0.9 6.5 0.3 (32.2) 3.8