Eastman Chemical Company logo EMN - Eastman Chemical Company

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 20
HOLD 14
SELL 1
STRONG
SELL 0
| PRICE TARGET: $79.89 DETAILS
HIGH: $88.00
LOW: $70.00
MEDIAN: $82.00
CONSENSUS: $79.89
UPSIDE: 7.78%
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 2,177 1,973 2,202 2,287 2,290 2,245 2,464 2,363 2,310 2,205 2,264 2,322 2,407 2,361 2,691 2,774 2,709 2,691 2,720 2,658 2,414 2,189 2,122 1,918 2,235 2,199 2,318 2,356 2,374 2,365 2,540 2,613 2,604 2,355 2,459 2,409 2,291 2,170 2,272 2,297 2,236 2,225 2,447 2,533 2,443 2,349 2,413 2,460 2,305 2,265 2,338 2,440 2,307 2,169 2,259 1,853 1,821 1,723 1,812 1,885 1,758 825 1,507 1,502 1,370 1,328 1,337 1,253 1,129 1,346 1,819 1,834 1,727 1,327 1,692 1,764 1,637 1,752 1,966 1,929 1,803 1,729 1,816 1,752 1,762 1,658 1,649 1,676 1,597 1,434 1,481 1,315 1,395 1,271 1,402 1,344 1,372 1,387 1,316 1,217
Cost of Revenue 1,746 1,635 1,769 1,781 1,723 1,691 1,859 1,764 1,778 1,756 1,783 1,738 1,859 1,999 2,169 2,148 2,167 2,124 2,067 1,967 1,807 1,654 1,609 1,533 1,663 1,693 1,737 1,766 1,803 1,907 1,894 1,955 1,937 1,792 1,779 1,769 1,671 1,646 1,620 1,692 1,602 1,716 1,752 1,813 1,787 2,016 1,777 1,803 1,710 1,471 1,649 1,763 1,691 1,844 1,734 1,372 1,390 1,399 1,379 1,411 1,300 521 1,085 1,118 1,053 1,042 1,009 993 950 1,200 1,497 1,513 1,390 1,058 1,385 1,455 1,351 1,472 1,650 1,579 1,472 1,450 1,464 1,378 1,363 1,442 1,392 1,406 1,362 1,249 1,240 1,172 1,166 1,102 1,149 1,112 1,137 1,092 1,026 967
Gross Profit 431 338 433 506 567 554 605 599 532 449 481 584 548 362 522 626 542 567 653 691 607 535 513 385 572 506 581 590 571 458 646 658 667 563 680 640 620 524 652 605 634 509 695 720 656 333 636 657 595 794 689 677 616 325 525 481 431 324 433 474 458 304 422 384 317 286 328 260 179 146 322 321 337 269 307 309 286 280 316 350 331 279 352 374 399 216 257 270 235 185 241 143 229 169 253 232 235 295 290 250
Operating Expenses
R&D Expenses 60 58 63 67 67 66 65 60 59 57 60 60 62 64 68 67 65 67 66 63 58 57 56 52 61 60 59 57 58 59 60 60 56 49 56 55 54 54 54 55 54 74 64 57 56 62 56 56 53 45 48 51 49 62 52 43 41 42 41 39 36 37 43 36 36 36 33 34 34 38 39 39 42 40 43 37 36 41 40 44 42 42 42 39 39 38 35 38 43 44 42 41 38 42 41 38 37 38 36 38
SG&A Expenses 178 159 160 155 182 110 183 176 191 191 160 185 191 169 169 183 196 208 201 202 184 174 165 155 160 176 163 165 187 167 175 189 190 189 180 181 174 161 181 174 183 210 183 194 180 244 171 172 168 135 159 180 171 224 173 121 126 119 114 118 108 98 114 102 95 103 104 98 94 95 107 107 110 99 104 109 98 121 105 113 98 115 108 122 109 121 107 112 110 106 108 107 110 102 114 98 95 90 81 80
Other 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 (2) 53 17 0 109 0 71 (7) 13 52 3 18 3 83 37 0 0 0 7 (19) 0 26 (9) (6) (11) 177 0 (3) 26 8 2 3 17 (31) 114 (9) 0 10 13 3 7 10 4 10 7 11 42 79 67 (4) 16 6 0 111 298 0 0 13 0 0
Operating Expenses 238 217 223 222 249 176 248 236 250 248 220 245 253 233 237 250 261 275 267 265 242 231 221 207 221 236 222 222 245 226 235 249 246 242 239 239 228 215 235 229 235 337 263 251 345 306 298 221 234 232 210 249 223 369 262 164 167 161 162 141 144 161 156 138 128 316 137 129 154 141 148 149 169 108 261 141 137 172 158 160 147 167 154 171 155 170 184 229 220 146 166 154 148 255 453 136 132 141 117 118
Operating Income
Operating Income 193 121 210 284 318 378 357 363 282 201 261 339 295 129 285 376 281 292 386 426 365 304 292 178 351 270 359 368 326 232 411 409 421 321 441 401 392 309 417 376 399 172 432 469 311 27 338 436 361 562 479 428 393 (44) 263 298 245 163 256 318 8 143 280 257 182 (30) 191 131 25 5 174 172 168 161 40 168 135 108 158 190 184 112 198 203 244 46 73 41 15 39 75 (11) 81 (86) (200) 96 103 154 173 132
Interest Expense 49 52 56 56 53 56 53 54 53 54 59 57 55 51 45 45 47 49 50 51 51 52 54 55 53 54 55 55 57 57 58 63 60 40 62 61 61 69 71 71 70 69 70 70 70 60 50 48 45 45 46 47 48 48 50 29 21 14 21 20 21 24 26 27 26 20 19 22 19 0 19 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 2 0 2 3 4 4 4 4 4 2 2 3 3 3 2 0 1 1 1 0 1 1 2 0 1 1 1 0 1 0 0 2 1 0 1 0 1 5 7 8 6 4 4 4 4 5 5 3 3 2 2 1 1 0 2 1 2 (5) 1 2 2 (4) 1 2 0 0 1 2 0 0 0 0 0 0 0 0 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 324 195 319 352 432 482 460 467 394 596 378 444 390 195 443 539 452 698 496 81 537 220 391 192 506 210 517 526 475 280 666 640 561 392 611 566 552 347 507 539 540 328 565 615 471 153 459 557 474 670 588 537 503 75 383 369 335 232 344 407 390 95 343 311 252 39 258 195 88 51 234 239 250 231 124 253 238 167 234 269 265 166 278 290 320 143 193 201 166 135 188 94 181 101 498 200 214 275 276 228
EBIT 193 64 190 225 306 353 333 341 267 478 258 325 249 78 326 417 331 576 369 (59) 388 75 242 51 367 61 366 370 320 127 515 492 409 245 463 419 407 203 361 395 393 186 423 473 326 31 348 447 367 563 480 429 393 (33) 271 298 266 163 275 340 322 27 270 241 183 (32) 189 128 21 (17) 167 172 185 151 46 168 154 85 158 193 191 91 202 213 244 64 115 120 82 48 91 (6) 81 (11) 388 96 103 167 173 132
Income Before Tax 136 12 134 169 253 297 280 287 214 425 199 269 194 28 281 381 287 529 321 (107) 339 25 190 (1) 316 9 313 316 264 71 459 430 350 199 403 359 341 134 289 324 323 117 353 403 256 (29) 298 399 322 518 434 382 345 (86) 218 268 244 149 238 306 271 3 258 224 151 (52) 170 106 2 (25) 148 153 153 162 32 156 120 104 136 171 165 85 177 304 217 19 48 10 (13) 12 49 (37) 60 (142) (243) 55 77 145 128 102
Income Tax Expense 29 (93) 87 29 70 (34) 99 56 49 114 20 (3) 60 26 (20) 124 51 149 (33) 37 62 (9) 25 (31) 56 (18) 46 57 55 36 46 84 60 (383) 79 65 62 4 56 67 72 (8) 95 104 84 (46) 86 107 88 169 125 116 97 (34) 64 91 85 49 73 96 89 (3) 88 76 50 (20) 69 41 0 (23) 48 38 38 43 12 51 43 9 41 57 60 19 54 98 55 (35) 10 (74) (7) 2 14 (24) 16 (50) (96) 18 25 48 42 34
Net Income 107 105 47 140 182 330 180 230 165 310 178 272 134 1 301 256 235 378 351 (146) 274 32 161 27 258 26 266 258 209 34 412 344 290 581 323 292 278 128 232 255 251 124 256 297 171 16 210 292 233 346 308 264 247 (54) 154 179 158 100 165 211 220 19 170 148 101 (32) 101 65 2 (2) 100 115 133 98 20 105 77 95 95 114 105 66 123 206 162 54 38 84 (6) 10 35 (13) 44 (92) (147) 37 52 97 86 68
Per Share Data
EPS (Basic) 0.94 0.92 0.41 1.22 1.58 2.85 1.55 1.96 1.40 2.63 1.50 2.28 1.13 0.01 2.49 2.05 1.82 2.85 2.60 -1.07 2.01 0.23 1.19 0.20 1.90 0.19 1.95 1.87 1.50 0.25 2.93 2.42 2.03 4.05 2.24 2.01 1.90 0.88 1.57 1.73 1.70 0.83 1.73 2.00 1.15 0.11 1.41 1.96 1.54 2.26 2.00 1.71 1.60 -0.36 1.01 1.30 1.15 0.72 1.19 1.49 1.56 0.13 1.19 1.02 0.70 -0.22 0.70 0.45 0.01 -0.01 0.68 0.76 0.85 0.59 0.12 0.62 0.46 0.58 0.58 0.70 0.64 0.41 0.76 1.27 1.02 0.36 0.25 0.54 -0.04 0.06 0.23 -0.08 0.29 -0.62 -0.96 0.24 0.34 0.64 0.56 0.44
EPS (Diluted) 0.93 0.92 0.41 1.20 1.57 2.82 1.53 1.94 1.39 2.61 1.49 2.27 1.12 0.01 2.46 2.03 1.80 2.81 2.57 -1.07 1.99 0.23 1.18 0.20 1.89 0.19 1.93 1.85 1.49 0.24 2.89 2.39 2.00 4.01 2.22 2.00 1.89 0.87 1.56 1.71 1.69 0.83 1.71 1.98 1.14 0.11 1.39 1.93 1.52 2.22 1.97 1.69 1.57 -0.35 0.99 1.27 1.12 0.72 1.16 1.46 1.52 0.13 1.16 1.01 0.69 -0.22 0.69 0.45 0.01 -0.01 0.67 0.74 0.84 0.59 0.12 0.61 0.46 0.58 0.57 0.69 0.64 0.41 0.75 1.25 1.00 0.36 0.25 0.54 -0.04 0.06 0.23 -0.08 0.29 -0.62 -0.96 0.24 0.34 0.64 0.56 0.44
Shares Outstanding 114 114 114.4 115 116.7 116.7 116.4 117.3 117.4 118 118.5 118.8 118.9 119.5 121 124.8 129 132.5 135.3 135.9 136.1 135.6 135.3 135.3 136 135.9 136.8 137.8 139 139.8 140.6 141.9 142.8 143.3 144.3 145.3 146.2 146.5 147.2 147.8 147.8 148.4 148.6 148.6 148.7 148.5 148.7 149.5 151.4 153.2 154 154.4 154.4 151.5 152.9 138.1 137.3 139.1 139.1 141.4 141.4 143.8 143.8 144.6 144.4 143.7 145.2 145 145 145 148.4 152.3 156.5 166.7 166.7 169.4 167.4 163.8 163.8 164.0 164.1 162.6 162.9 161.6 158.8 152 152 155.6 171.4 153.1 152.2 154.8 151.7 148.4 153.1 154.2 152.3 153.2 153.6 154.5
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 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
Current Assets
Cash & Cash Equivalents 665 566 489 423 418 837 622 514 499 548 439 410 599 493 461 456 487 459 717 609 540 564 650 704 680 204 207 186 195 226 193 193 194 191 195 222 197 181 207 240 202 435 483 793 450 340 781 145 42 558 69 76 77 88 75 70 45 101 74 169 52 186 75 90 55 29 86 33 43 29 36 40 51 24 61 59 40 100 66 106 105 90 47 57 85 141
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,217 999 1,274 1,340 1,259 1,172 1,332 1,329 1,274 1,154 1,149 1,205 1,337 1,277 1,594 1,635 1,648 1,580 1,707 1,740 1,669 1,515 1,454 1,326 1,436 1,375 1,470 1,518 1,582 1,483 1,772 1,707 1,749 1,386 1,425 1,437 1,405 1,211 1,163 1,177 1,106 809 774 379 483 353 665 739 801 701 807 768 674 694 757 759 783 737 712 656 651 631 640 680 748 776 840 877 843 793 795 832 794 744 759 852 873 802 833 862 835 707 735 674 624 542
Inventory 2,078 1,980 1,937 2,151 2,116 1,988 1,904 1,900 1,769 1,683 1,721 1,960 1,944 1,894 1,975 1,826 1,671 1,504 1,630 1,501 1,505 1,379 1,338 1,419 1,659 1,662 1,695 1,730 1,704 1,583 1,625 1,532 1,476 1,509 1,576 1,540 1,495 1,404 1,471 1,445 1,493 635 588 531 443 561 646 589 689 698 733 724 713 690 736 731 644 580 612 548 526 485 530 503 521 493 568 566 519 511 519 474 472 465 459 454 443 467 416 355 376 392 360 339 323 345
Other Current Assets 96 100 87 107 108 104 79 99 96 96 258 96 93 114 75 86 1,123 1,103 821 888 83 83 92 77 76 80 68 82 70 73 57 66 64 57 49 63 68 70 59 294 217 118 119 134 184 138 274 313 121 53 195 179 207 174 79 96 107 105 124 152 151 187 146 135 147 117 185 124 154 157 114 112 114 112 122 125 108 100 127 95 97 84 88 77 88 75
Total Current Assets 4,056 3,645 3,787 4,021 3,901 4,101 3,937 3,842 3,638 3,481 3,567 3,671 3,973 3,778 4,105 4,003 4,929 4,646 4,875 4,738 3,797 3,541 3,534 3,526 3,851 3,321 3,440 3,516 3,551 3,365 3,647 3,498 3,483 3,143 3,245 3,262 3,165 2,866 2,900 2,930 2,863 1,909 1,877 1,735 1,405 1,303 2,297 1,717 1,584 2,010 1,664 1,633 1,529 1,568 1,647 1,656 1,579 1,523 1,522 1,525 1,380 1,489 1,391 1,408 1,471 1,415 1,679 1,600 1,559 1,490 1,464 1,458 1,431 1,345 1,401 1,490 1,464 1,469 1,442 1,418 1,413 1,273 1,230 1,147 1,120 1,103
Non-Current Assets
Property, Plant & Equipment 0 5,922 5,746 5,746 5,639 5,615 5,589 5,529 5,535 5,728 5,426 5,402 5,258 5,160 4,982 4,959 4,997 4,996 5,172 5,181 5,466 5,549 5,489 5,478 5,498 5,571 5,739 5,761 5,795 5,600 5,570 5,570 5,632 5,607 5,485 5,403 5,321 5,276 5,197 5,162 5,185 3,155 3,167 3,110 3,272 3,228 2,963 3,206 3,351 3,419 3,697 3,717 3,753 3,563 3,737 3,748 3,845 3,925 3,925 3,824 3,936 3,950 4,008 3,933 3,972 4,060 4,006 3,970 3,928 3,881 3,793 3,724 3,587 3,520 3,322 3,196 3,091 3,049 2,974 2,915 2,905 2,906 3,004 3,025 3,056 3,059
Goodwill 3,662 3,665 3,665 3,665 3,642 3,632 3,655 3,641 3,644 3,646 3,643 3,697 3,703 3,664 3,644 3,663 3,665 3,641 4,044 4,053 4,446 4,465 4,443 4,425 4,417 4,431 4,464 4,481 4,477 4,467 4,509 4,514 4,540 4,527 4,520 4,507 4,484 4,461 4,474 4,520 4,527 376 314 315 325 324 321 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 946 970 1,008 1,028 1,021 1,032 1,072 1,086 1,110 1,138 1,148 1,180 1,203 1,210 1,206 1,248 1,303 1,362 1,407 1,390 1,741 1,792 1,802 1,817 1,962 2,011 2,034 2,093 2,130 2,185 2,231 2,278 2,349 2,373 2,404 2,433 2,434 2,469 2,543 2,585 2,637 0 0 0 0 0 0 336 348 350 568 570 573 581 631 604 613 612 606 435 440 446 387 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 6 111 0 0 18 186 18 33 22 124 52 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (887) (888) (892) 126 (944) (933) (914) 95 (1,349) (1,286) (1,269) 107 (1,022) (1,014) (939) (661) (261) 0 (248) (111) (234) (240) (315) 0 (496) (477) 0 (499) 0 0 0 0 0 0 0 0 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 6,552 546 773 759 750 647 789 814 799 (85) 209 821 846 855 1,048 1,002 912 874 761 736 745 736 741 727 737 674 460 405 408 378 405 400 362 349 370 359 351 385 375 385 404 735 290 355 354 342 364 549 482 451 426 419 418 388 392 426 480 490 514 463 482 418 424 820 448 401 454 412 423 407 441 451 448 401 382 329 349 336 323 322 276 196 206 213 210 179
Total Non-Current Assets 11,166 11,214 11,192 11,198 11,070 11,112 11,123 11,103 11,110 11,152 11,027 11,100 11,010 10,889 10,880 10,872 10,877 10,873 11,384 11,360 12,398 12,542 12,475 12,447 12,614 12,687 12,697 12,740 12,810 12,630 12,715 12,762 12,883 12,856 12,779 12,702 12,590 12,591 12,589 12,652 12,753 3,890 3,771 3,780 3,951 3,894 3,648 4,091 4,181 4,220 4,691 4,706 4,744 4,532 4,760 4,778 4,938 5,027 5,045 4,722 4,858 4,814 4,819 4,753 4,420 4,461 4,460 4,382 4,351 4,288 4,234 4,175 4,035 3,921 3,704 3,525 3,440 3,385 3,297 3,237 3,181 3,102 3,210 3,238 3,266 3,238
Total Assets 15,222 14,859 14,979 15,219 14,971 15,213 15,060 14,945 14,748 14,633 14,594 14,771 14,983 14,667 14,985 14,875 15,806 15,519 16,259 16,098 16,195 16,083 16,009 15,973 16,465 16,008 16,137 16,256 16,361 15,995 16,362 16,260 16,366 15,999 16,024 15,964 15,755 15,457 15,489 15,582 15,616 5,799 5,648 5,515 5,356 5,197 5,945 5,808 5,765 6,230 6,355 6,339 6,273 6,100 6,407 6,434 6,517 6,550 6,567 6,247 6,238 6,303 6,210 6,161 5,891 5,876 6,139 5,982 5,910 5,778 5,698 5,633 5,466 5,266 5,105 5,015 4,904 4,854 4,739 4,655 4,594 4,375 4,440 4,385 4,386 4,341
Current Liabilities
Account Payables 1,988 1,211 1,834 2,008 1,984 1,309 2,109 2,044 1,878 1,170 1,925 1,943 1,957 1,319 1,407 1,395 1,381 1,228 1,121 1,059 976 799 663 525 770 890 716 814 857 914 823 811 838 842 689 675 668 704 629 610 633 540 0 0 0 0 510 942 909 973 1,016 1,075 1,244 1,075 501 475 477 526 444 324 331 323 366 309 312 265 296 771 825 281 713 666 612 312 633 642 593 291 754 704 642 322 545 472 432 425
Short-Term Debt 770 642 290 344 285 499 448 697 740 593 640 844 1,014 1,126 1,086 979 984 747 1,046 325 324 349 370 702 895 171 642 731 862 243 728 662 589 393 369 212 305 283 675 800 513 6 4 0 11 13 136 1 1 504 511 513 3 4 133 179 75 106 114 103 522 599 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8 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 0 257 205 182 884 273 214 187 893 372 299 274 1,206 412 268 232 30 0 258 0 0 151 0 (910) (316) (1,527) (1,588) 484 (1,079) 232 246 244 303 298 320 294 255 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 10 396 32 35 0 379 33 0 0 313 50 0 0 391 337 349 433 446 536 540 430 390 389 327 354 373 504 509 461 417 329 381 415 459 447 500 466 502 490 511 469 0 0 0 0 0 277 66 0 0 0 0 (23) 0 233 247 230 330 314 397 338 431 201 177 205 306 229 0 0 247 122 111 88 475 84 82 126 582 112 61 108 478 111 100 93 44
Total Current Liabilities 2,768 2,652 2,156 2,387 2,269 2,708 2,590 2,741 2,618 2,576 2,615 2,787 2,971 3,251 3,207 3,148 3,136 2,971 3,113 2,295 2,016 2,038 1,789 1,878 2,315 1,789 2,080 2,226 2,352 1,851 2,153 2,068 2,029 1,982 1,771 1,596 1,637 1,795 2,206 2,189 1,847 886 870 800 717 769 1,074 1,009 910 1,477 1,527 1,588 1,224 1,079 1,099 1,147 1,026 1,258 1,170 1,144 1,485 1,608 940 860 828 985 982 771 825 954 835 777 700 787 717 724 719 873 866 765 750 800 656 572 533 469
Non-Current Liabilities
Long-Term Debt 4,555 4,318 4,785 4,782 4,736 4,663 4,606 4,336 4,340 4,425 4,580 4,593 4,636 4,025 3,979 4,012 4,379 4,412 4,442 5,223 5,200 5,269 5,495 5,431 5,399 5,611 5,567 5,624 5,602 5,925 5,898 6,033 6,311 6,147 6,325 6,669 6,578 6,311 5,933 6,082 6,565 1,605 1,603 0 1,440 1,437 1,522 2,153 2,213 2,089 1,754 1,744 0 1,996 2,158 2,185 2,114 1,914 2,026 1,854 1,508 1,506 2,090 2,085 1,851 1,649 1,821 1,853 1,860 1,714 1,705 1,766 1,727 1,523 1,474 1,425 1,371 1,217 1,205 1,289 1,302 1,195 1,471 1,606 1,725 1,801
Deferred Tax Liabilities 680 669 525 429 512 533 517 576 588 601 549 573 662 671 756 738 795 810 827 831 855 848 928 932 924 915 887 888 892 884 944 933 914 893 1,349 1,286 1,269 1,206 1,022 1,014 939 285 261 258 248 111 234 240 315 316 496 477 484 499 541 527 600 607 609 496 504 485 437 435 443 415 439 390 383 397 353 336 351 348 355 342 325 330 312 315 323 325 357 345 347 340
Other Non-Current Liabilities 1,133 1,066 1,670 1,715 1,510 1,361 1,619 1,593 1,594 1,381 1,426 1,466 1,452 1,484 1,576 1,570 1,519 1,538 1,670 1,721 1,805 1,820 1,641 1,634 1,635 1,661 1,364 1,426 1,443 1,457 1,372 1,452 1,492 1,492 1,480 1,523 1,544 1,537 1,812 2,858 2,919 1,631 381 1,981 362 218 1,358 1,601 1,648 1,305 1,746 1,723 3,778 1,572 973 965 966 959 984 995 1,005 945 885 941 925 893 919 1,067 1,009 960 1,026 1,019 1,005 969 961 957 933 906 886 863 816 760 748 719 697 670
Total Non-Current Liabilities 6,368 6,170 6,980 6,926 6,758 6,653 6,742 6,505 6,522 6,527 6,555 6,632 6,750 6,180 6,311 6,320 6,693 6,760 6,939 7,775 7,860 7,937 8,064 7,997 7,958 8,187 7,960 8,084 8,090 8,266 8,214 8,418 8,717 8,537 9,154 9,478 9,391 9,054 8,767 8,940 9,484 3,236 3,209 3,202 3,064 2,905 2,880 3,754 3,861 3,710 3,500 3,467 3,778 3,568 3,672 3,677 3,680 3,480 3,619 3,345 3,017 2,936 3,412 3,461 3,219 2,957 3,179 3,310 3,252 3,071 3,084 3,121 3,083 2,840 2,790 2,724 2,629 2,453 2,403 2,467 2,441 2,280 2,576 2,670 2,769 2,811
Total Liabilities 9,136 8,822 9,136 9,313 9,027 9,361 9,332 9,246 9,140 9,103 9,170 9,419 9,721 9,431 9,518 9,468 9,829 9,731 10,052 10,070 9,876 9,975 9,853 9,875 10,273 9,976 10,040 10,310 10,442 10,117 10,367 10,486 10,746 10,519 10,925 11,074 11,028 10,849 10,973 11,129 11,331 4,122 4,079 4,002 3,781 3,674 3,954 4,763 4,771 5,187 5,027 5,055 5,002 4,647 4,771 4,824 4,706 4,738 4,789 4,489 4,502 4,544 4,352 4,321 4,047 3,942 4,161 4,081 4,077 4,025 3,919 3,898 3,783 3,627 3,507 3,448 3,348 3,326 3,269 3,232 3,191 3,080 3,232 3,242 3,302 3,280
Stockholders' Equity
Common Stock 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0
Retained Earnings 10,114 10,105 10,095 10,143 10,099 10,013 9,780 9,694 9,559 9,490 9,274 9,190 9,013 8,973 9,065 8,857 8,694 8,557 8,278 8,020 8,260 8,080 8,142 8,071 8,133 7,965 8,029 7,848 7,675 7,573 7,626 7,292 7,026 6,802 6,391 6,142 5,925 5,721 5,680 5,517 5,330 2,756 2,640 2,571 2,566 2,533 2,286 1,486 1,436 1,476 1,870 1,869 1,882 1,928 2,078 2,088 2,269 2,266 2,248 2,185 2,133 2,098 2,184 2,186 2,178 2,188 2,224 2,179 2,117 2,078 2,084 2,022 1,966 1,929 1,904 1,842 1,763 1,684 1,597 1,482 1,357 1,258 1,188 1,128 1,078 1,055
Accumulated Other Comprehensive Income (141) (160) (331) (353) (321) (314) (278) (302) (328) (319) (294) (271) (220) (205) (152) (143) (145) (182) (185) (233) (248) (273) (243) (209) (197) (214) (203) (235) (194) (245) (194) (193) (212) (209) (238) (286) (306) (281) (348) (311) (305) (389) (388) (385) (321) (336) (129) (142) (132) (121) (229) (270) (295) (159) (120) (155) (124) (117) (131) (88) (55) (54) (41) (60) (47) (18) (8) (40) (38) (37) (15) 4 8 (4,010) 11 10 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 6,009 5,961 5,771 5,835 5,871 5,779 5,654 5,627 5,538 5,458 5,352 5,281 5,188 5,153 5,384 5,323 5,893 5,704 6,120 5,944 6,233 6,023 6,075 6,021 6,117 5,958 6,020 5,869 5,843 5,803 5,920 5,697 5,545 5,494 5,023 4,812 4,651 4,545 4,444 4,375 4,204 1,677 1,569 1,513 1,575 1,523 1,991 1,045 994 1,043 1,328 1,284 1,271 1,453 1,636 1,610 1,811 1,812 1,778 1,758 1,736 1,759 1,858 1,840 1,844 1,934 1,978 1,901 1,833 1,753 1,779 1,735 1,683 1,639 1,598 1,567 1,556 1,528 1,470 1,423 1,403 1,295 1,208 1,143 1,084 1,061
Total Liabilities & Equity 15,222 14,859 14,979 15,219 14,971 15,213 15,060 14,945 14,748 14,633 14,594 14,771 14,983 14,667 14,985 14,875 15,806 15,519 16,259 16,098 16,195 16,083 16,009 15,973 16,465 16,008 16,137 16,256 16,361 15,995 16,362 16,260 16,366 15,999 16,024 15,964 15,755 15,457 15,489 15,582 15,616 5,799 5,648 5,515 5,356 5,197 5,945 5,808 5,765 6,230 6,355 6,339 6,273 6,100 6,407 6,434 6,517 6,550 6,567 6,247 6,238 6,303 6,210 6,161 5,891 5,876 6,139 5,982 5,910 5,778 5,698 5,633 5,466 5,266 5,105 5,015 4,904 4,854 4,739 4,655 4,594 4,375 4,440 4,385 4,386 4,341
Debt Metrics
Total Debt 5,325 5,077 5,075 5,126 5,021 5,258 5,054 5,033 5,080 5,138 5,220 5,437 5,650 5,151 5,065 4,991 5,363 5,159 5,488 5,548 5,524 5,618 5,865 6,133 6,294 5,782 6,209 6,355 6,464 6,168 6,626 6,695 6,900 6,540 6,694 6,881 6,883 6,594 6,608 6,804 7,078 1,611 1,607 1,604 1,451 1,450 1,658 2,154 2,214 2,593 2,265 2,257 2,057 2,000 2,291 2,364 2,189 2,020 2,140 1,957 2,030 2,105 2,090 2,085 1,851 1,649 1,821 1,853 1,860 1,714 1,705 1,766 1,727 1,523 1,474 1,425 1,371 1,217 1,205 1,289 1,302 1,195 1,471 1,606 1,733 1,801
Net Debt 4,660 4,511 4,586 4,703 4,603 4,421 4,432 4,519 4,581 4,590 4,781 5,027 5,051 4,658 4,604 4,535 4,876 4,700 4,771 4,939 4,984 5,054 5,215 5,429 5,614 5,578 6,002 6,169 6,269 5,942 6,433 6,502 6,706 6,349 6,499 6,659 6,686 6,413 6,401 6,564 6,876 1,176 1,124 811 1,001 1,110 877 2,009 2,172 2,035 2,196 2,181 1,980 1,912 2,216 2,294 2,144 1,919 2,066 1,788 1,978 1,919 2,015 1,995 1,796 1,620 1,735 1,820 1,817 1,685 1,669 1,726 1,676 1,499 1,413 1,366 1,331 1,117 1,139 1,183 1,197 1,105 1,424 1,549 1,648 1,660
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
Operating Activities
Net Income 107 105 47 140 183 331 181 231 165 311 179 272 134 2 301 257 236 380 354 (144) 277 34 165 30 260 27 267 259 209 35 413 346 290 491 324 294 279 118 233 257 251 123 206 162 84 (6) 10 (336) 35 21 (13) 24 44 6 (92) 23 (147) 52 97 86 68 (52) 32 43 25 (2) 80 97 74 28 96 90 72 60 96 112 112 121 148 158 132 104 93 83 56
Depreciation & Amortization 131 131 129 127 126 129 127 126 127 118 120 119 141 117 117 122 121 122 127 140 149 145 149 141 139 149 151 156 155 153 151 148 152 147 148 147 145 144 145 144 147 76 77 76 81 84 87 87 97 96 100 98 100 99 112 109 110 111 108 103 96 101 105 90 87 93 90 86 82 85 83 80 79 82 80 76 76 78 78 76 76 82 83 83 81
Stock-Based Compensation (49) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (370) 137 139 11 (350) 67 68 (18) (194) 212 264 50 (235) 368 (173) (80) (102) 129 7 (82) (81) 49 91 148 (123) 239 (2) (3) (260) 485 (192) (41) (325) 473 (2) (45) (283) 64 35 49 (224) (99) (126) (125) 48 (128) 100 77 (97) (257) 152 24 82 (37) 200 (1) 7 99 (43) 59 (40) 137 78 128 (91) 131 89 (55) (100) 75 50 54 (101) 125 54 45 (180) 5 89 56 (168) 143 30 (32) 7
Other Non-Cash Items 49 27 0 0 (123) (11) 59 48 (97) (243) 14 55 (35) 52 (16) 3 (214) (229) 97 542 (131) 275 31 149 (117) 246 (2) 3 (113) 133 13 (4) (163) (1) 24 30 (120) (20) (5) 6 (132) 0 (127) 1 3 32 (10) 482 15 (23) 9 0 0 18 66 17 295 0 (29) 0 0 79 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2) 2 1 3 3 4
Operating Cash Flow (137) 502 402 233 (167) 540 396 367 (16) 452 514 410 (2) 457 256 245 17 430 547 426 216 406 442 436 171 671 416 422 (5) 740 395 443 (35) 646 528 431 52 394 450 494 51 163 108 103 216 (34) 198 141 73 (168) 273 193 247 88 194 173 188 268 185 236 142 267 201 258 18 272 250 159 50 189 246 210 53 263 251 226 6 233 291 286 28 299 217 145 155
Investing Activities
Capital Expenditure (103) (112) (137) (150) (147) (175) (121) (118) (185) (180) (236) (241) (176) (206) (164) (139) (115) (245) (123) (113) (97) (105) (78) (99) (101) (117) (110) (92) (106) (147) (137) (116) (128) (211) (159) (146) (133) (251) (141) (124) (110) (100) (71) (53) (58) (59) (71) (59) (55) (45) (265) (66) (55) (41) (63) (54) (62) (93) (55) (44) (34) (102) (56) (58) (76) (132) (100) (133) (135) (182) (173) (226) (168) (273) (206) (185) (125) (161) (121) (95) (69) (95) (56) (48) (82)
Acquisitions 0 38 0 0 0 38 0 0 0 415 24 (3) (57) 0 0 997 0 664 (48) 0 0 0 0 0 0 0 (29) 0 (19) (3) 0 0 0 0 14 0 (4) 0 37 (1) (21) 0 0 0 0 0 0 0 0 0 0 0 0 (6) (5) (2) 0 (9) (200) (7) (45) 0 (5) (364) (12) 5 0 0 0 0 0 0 0 (5) 0 0 0 1 0 0 0 0 0 0 0
Purchases of 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (1) 27 0 3 16 9 18 (6) 6 12 30 (4) (21) (3) 3 11 (5) (6) (5) (71) (8) (7) 1 (3) (2) (3) (2) (2) 0 2 1 15 50 (2) (2) (1) 1 (45) (43) 39 5 (5) 457 2 (6) (4) 37 (5) (4) 42 (14) (10) (4) (6) (8) (6) (254) 12 (18) 38 (10) (28) 7 0 (21) 2 (32) 0 (20) 9 17 (1) (21) 1 (28) 26 (14) 7 (28) (38) (20) 128 (5) 0 (18)
Investing Cash Flow (104) (47) (137) (147) (131) (132) (102) (121) (179) 248 (182) (246) (252) (206) (158) 873 (117) 418 (170) (178) (99) (112) (81) (100) (101) (120) (141) (94) (125) (148) (136) (101) (78) (213) (147) (147) (136) (296) (147) (86) (126) (105) 386 (51) (64) (63) (34) (64) (59) (3) (279) (76) (59) (53) (76) (62) (316) (90) (273) (13) (89) (130) (54) (422) (109) (125) (132) (133) (155) (173) (156) (227) (189) (277) (234) (159) (139) (153) (149) (133) (89) 33 (61) (48) (100)
Financing Activities
Net Debt Issuance 444 (290) (54) 59 (19) 0 (3) (43) 244 (399) (204) (205) 470 (29) 155 (286) 236 (300) (25) 0 (25) (320) (333) (193) 539 (469) (90) (131) 320 (452) (54) (109) 299 (290) (234) (95) 250 (23) (197) (280) 72 20 (654) 6 (16) (395) 374 (60) 14 201 29 (69) (161) 14 (94) (74) 175 (119) 26 (73) (97) 7 (129) 233 203 (173) (32) (8) 147 9 (62) 40 204 16 49 54 154 (11) (84) (14) 107 (277) (135) (124) (69)
Stock Repurchased 0 0 (50) (50) 0 (100) (100) (100) 0 (100) 0 0 0 (100) (150) (752) 0 (710) (150) (100) (40) 0 0 (30) (30) 0 (75) (125) (125) (25) (125) (150) (100) (75) (100) (100) (75) (25) (75) (25) (20) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (57) 0 0 (1) (50) 0 0 0 0 0 0 0 (8) (4) (32) (70) (55) (25) (69) 0 0 0 0 0 0
Dividends Paid (96) (94) (96) (95) (96) (94) (95) (95) (95) (94) (94) (94) (94) (91) (94) (98) (98) (93) (94) (94) (94) (89) (90) (89) (90) (85) (85) (86) (87) (78) (80) (80) (80) (73) (74) (74) (75) (68) (68) (68) (68) (36) (35) (35) (34) (34) (34) (34) (34) (34) (33) (34) (34) (34) (34) (33) (34) (34) (33) (34) (34) (34) (34) (35) (35) (33) (35) (36) (34) (34) (34) (36) (34) (34) (33) (33) (34) (34) (33) (33) (33) (33) (33) 0 (33)
Other Financing Activities (7) 2 (1) (4) (9) 13 4 11 (1) 0 (1) (54) (19) (3) 1 (3) (9) (3) 0 16 22 27 7 (2) (11) (2) 0 3 (6) (3) 0 0 (3) 0 (2) 9 2 (5) 4 4 0 0 0 0 3 10 1 1 (1) 3 (1) 0 0 0 0 (18) 12 2 0 1 1 1 1 2 (1) 2 2 8 6 2 2 2 1 (1) 1 1 8 24 4 (105) 2 21 2 (1) (9)
Financing Cash Flow 341 (382) (201) (90) (124) (181) (194) (227) 148 (593) (299) (353) 357 (223) (88) (1,139) 129 (1,106) (269) (178) (137) (382) (416) (314) 408 (556) (250) (339) 102 (558) (259) (339) 116 (438) (410) (260) 102 (121) (336) (369) (16) (15) (645) 17 (47) (419) 341 (93) (21) 170 (5) (103) (195) (20) (127) (106) 153 (151) (7) (106) (187) (26) (162) 199 117 (204) (65) (36) 119 (23) (94) 6 163 (23) (15) (48) 73 (46) (182) (152) 76 (289) (166) (125) (111)
Cash Position
Net Change in Cash 99 (489) 66 5 (419) 215 108 15 (49) 109 29 (189) 106 32 5 (31) 28 (258) 108 69 (24) (86) (54) 24 476 (3) 21 (9) (31) 33 0 (1) 3 (4) (27) 25 16 (26) (33) 38 (91) 45 (152) 68 105 (516) 505 (16) (7) (1) (11) 14 (7) 15 (9) 5 25 27 (95) 117 (134) 111 (15) 35 26 (57) 53 (10) 14 (7) (4) (11) 27 (37) 2 19 (60) 34 (40) 1 15 43 (10) (28) (56)
Cash at Beginning 566 489 423 418 837 622 514 499 548 439 410 599 493 461 456 487 459 717 609 540 564 650 704 680 204 207 186 195 226 193 193 194 191 195 222 197 181 207 240 202 293 241 393 325 42 558 53 69 76 77 88 74 81 66 75 70 45 74 169 52 186 75 90 55 29 86 33 43 29 36 40 51 24 61 59 40 100 66 106 105 90 47 57 85 141
Cash at End 665 0 489 423 418 837 622 514 499 548 439 410 599 493 461 456 487 459 717 609 540 564 650 704 680 204 207 186 195 226 193 193 194 191 195 222 197 181 207 240 202 286 241 393 147 42 558 53 69 76 77 88 74 81 66 75 70 101 74 169 52 186 75 90 55 29 86 33 43 29 36 40 51 24 61 59 40 100 66 106 105 90 47 57 85
Free Cash Flow (240) 390 265 83 (314) 365 275 249 (201) 272 278 169 (178) 251 92 106 (98) 185 424 313 119 301 364 337 70 554 306 330 (111) 593 258 327 (163) 435 369 285 (81) 143 309 370 (59) 63 37 50 158 (93) 127 82 18 (213) 8 127 192 47 131 119 126 175 130 192 108 165 145 200 (58) 140 150 26 (85) 7 73 (16) (115) (10) 45 41 (119) 72 170 191 (41) 204 161 97 73
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 2,177 1,973 2,202 2,287 2,290 2,245 2,464 2,363 2,310 2,205 2,264 2,322 2,407 2,361 2,691 2,774 2,709 2,691 2,720 2,658 2,414 2,189 2,122 1,918 2,235 2,199 2,318 2,356 2,374 2,365 2,540 2,613 2,604 2,355 2,459 2,409 2,291 2,170 2,272 2,297 2,236 2,225 2,447 2,533 2,443 2,349 2,413 2,460 2,305 2,265 2,338 2,440 2,307 2,169 2,259 1,853 1,821 1,723 1,812 1,885 1,758 825 1,507 1,502 1,370 1,328 1,337 1,253 1,129 1,346 1,819 1,834 1,727 1,327 1,692 1,764 1,637 1,752 1,966 1,929 1,803 1,729 1,816 1,752 1,762 1,658 1,649 1,676 1,597 1,434 1,481 1,315 1,395 1,271 1,402 1,344 1,372 1,387 1,316 1,217
Gross Profit 431 338 433 506 567 554 605 599 532 449 481 584 548 362 522 626 542 567 653 691 607 535 513 385 572 506 581 590 571 458 646 658 667 563 680 640 620 524 652 605 634 509 695 720 656 333 636 657 595 794 689 677 616 325 525 481 431 324 433 474 458 304 422 384 317 286 328 260 179 146 322 321 337 269 307 309 286 280 316 350 331 279 352 374 399 216 257 270 235 185 241 143 229 169 253 232 235 295 290 250
Operating Income 193 121 210 284 318 378 357 363 282 201 261 339 295 129 285 376 281 292 386 426 365 304 292 178 351 270 359 368 326 232 411 409 421 321 441 401 392 309 417 376 399 172 432 469 311 27 338 436 361 562 479 428 393 (44) 263 298 245 163 256 318 8 143 280 257 182 (30) 191 131 25 5 174 172 168 161 40 168 135 108 158 190 184 112 198 203 244 46 73 41 15 39 75 (11) 81 (86) (200) 96 103 154 173 132
Net Income 107 105 47 140 182 330 180 230 165 310 178 272 134 1 301 256 235 378 351 (146) 274 32 161 27 258 26 266 258 209 34 412 344 290 581 323 292 278 128 232 255 251 124 256 297 171 16 210 292 233 346 308 264 247 (54) 154 179 158 100 165 211 220 19 170 148 101 (32) 101 65 2 (2) 100 115 133 98 20 105 77 95 95 114 105 66 123 206 162 54 38 84 (6) 10 35 (13) 44 (92) (147) 37 52 97 86 68
EPS (Diluted) 0.93 0.92 0.41 1.20 1.57 2.82 1.53 1.94 1.39 2.61 1.49 2.27 1.12 0.01 2.46 2.03 1.80 2.81 2.57 -1.07 1.99 0.23 1.18 0.20 1.89 0.19 1.93 1.85 1.49 0.24 2.89 2.39 2.00 4.01 2.22 2.00 1.89 0.87 1.56 1.71 1.69 0.83 1.71 1.98 1.14 0.11 1.39 1.93 1.52 2.22 1.97 1.69 1.57 -0.35 0.99 1.27 1.12 0.72 1.16 1.46 1.52 0.13 1.16 1.01 0.69 -0.22 0.69 0.45 0.01 -0.01 0.67 0.74 0.84 0.59 0.12 0.61 0.46 0.58 0.57 0.69 0.64 0.41 0.75 1.25 1.00 0.36 0.25 0.54 -0.04 0.06 0.23 -0.08 0.29 -0.62 -0.96 0.24 0.34 0.64 0.56 0.44
Balance Sheet
Cash & Equivalents 665 566 489 423 418 837 622 514 499 548 439 410 599 493 461 456 487 459 717 609 540 564 650 704 680 204 207 186 195 226 193 193 194 191 195 222 197 181 207 240 202 435 483 793 450 340 781 145 42 558 69 76 77 88 75 70 45 101 74 169 52 186 75 90 55 29 86 33 43 29 36 40 51 24 61 59 40 100 66 106 105 90 47 57 85 141
Total Assets 15,222 14,859 14,979 15,219 14,971 15,213 15,060 14,945 14,748 14,633 14,594 14,771 14,983 14,667 14,985 14,875 15,806 15,519 16,259 16,098 16,195 16,083 16,009 15,973 16,465 16,008 16,137 16,256 16,361 15,995 16,362 16,260 16,366 15,999 16,024 15,964 15,755 15,457 15,489 15,582 15,616 5,799 5,648 5,515 5,356 5,197 5,945 5,808 5,765 6,230 6,355 6,339 6,273 6,100 6,407 6,434 6,517 6,550 6,567 6,247 6,238 6,303 6,210 6,161 5,891 5,876 6,139 5,982 5,910 5,778 5,698 5,633 5,466 5,266 5,105 5,015 4,904 4,854 4,739 4,655 4,594 4,375 4,440 4,385 4,386 4,341
Total Debt 5,325 5,077 5,075 5,126 5,021 5,258 5,054 5,033 5,080 5,138 5,220 5,437 5,650 5,151 5,065 4,991 5,363 5,159 5,488 5,548 5,524 5,618 5,865 6,133 6,294 5,782 6,209 6,355 6,464 6,168 6,626 6,695 6,900 6,540 6,694 6,881 6,883 6,594 6,608 6,804 7,078 1,611 1,607 1,604 1,451 1,450 1,658 2,154 2,214 2,593 2,265 2,257 2,057 2,000 2,291 2,364 2,189 2,020 2,140 1,957 2,030 2,105 2,090 2,085 1,851 1,649 1,821 1,853 1,860 1,714 1,705 1,766 1,727 1,523 1,474 1,425 1,371 1,217 1,205 1,289 1,302 1,195 1,471 1,606 1,733 1,801
Stockholders' Equity 6,009 5,961 5,771 5,835 5,871 5,779 5,654 5,627 5,538 5,458 5,352 5,281 5,188 5,153 5,384 5,323 5,893 5,704 6,120 5,944 6,233 6,023 6,075 6,021 6,117 5,958 6,020 5,869 5,843 5,803 5,920 5,697 5,545 5,494 5,023 4,812 4,651 4,545 4,444 4,375 4,204 1,677 1,569 1,513 1,575 1,523 1,991 1,045 994 1,043 1,328 1,284 1,271 1,453 1,636 1,610 1,811 1,812 1,778 1,758 1,736 1,759 1,858 1,840 1,844 1,934 1,978 1,901 1,833 1,753 1,779 1,735 1,683 1,639 1,598 1,567 1,556 1,528 1,470 1,423 1,403 1,295 1,208 1,143 1,084 1,061
Cash Flow
Operating Cash Flow (137) 502 402 233 (167) 540 396 367 (16) 452 514 410 (2) 457 256 245 17 430 547 426 216 406 442 436 171 671 416 422 (5) 740 395 443 (35) 646 528 431 52 394 450 494 51 163 108 103 216 (34) 198 141 73 (168) 273 193 247 88 194 173 188 268 185 236 142 267 201 258 18 272 250 159 50 189 246 210 53 263 251 226 6 233 291 286 28 299 217 145 155
Capital Expenditure (103) (112) (137) (150) (147) (175) (121) (118) (185) (180) (236) (241) (176) (206) (164) (139) (115) (245) (123) (113) (97) (105) (78) (99) (101) (117) (110) (92) (106) (147) (137) (116) (128) (211) (159) (146) (133) (251) (141) (124) (110) (100) (71) (53) (58) (59) (71) (59) (55) (45) (265) (66) (55) (41) (63) (54) (62) (93) (55) (44) (34) (102) (56) (58) (76) (132) (100) (133) (135) (182) (173) (226) (168) (273) (206) (185) (125) (161) (121) (95) (69) (95) (56) (48) (82)
Free Cash Flow (240) 390 265 83 (314) 365 275 249 (201) 272 278 169 (178) 251 92 106 (98) 185 424 313 119 301 364 337 70 554 306 330 (111) 593 258 327 (163) 435 369 285 (81) 143 309 370 (59) 63 37 50 158 (93) 127 82 18 (213) 8 127 192 47 131 119 126 175 130 192 108 165 145 200 (58) 140 150 26 (85) 7 73 (16) (115) (10) 45 41 (119) 72 170 191 (41) 204 161 97 73