Emerson Electric Co. logo EMR - Emerson Electric Co.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 21
HOLD 17
SELL 3
STRONG
SELL 0
| PRICE TARGET: $161.31 DETAILS
HIGH: $185.00
LOW: $125.00
MEDIAN: $168.00
CONSENSUS: $161.31
UPSIDE: 18.25%
Annual Quarterly
Metric 2026 Q2 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 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 4,562 4,346 4,855 4,553 4,432 4,175 4,619 4,380 4,376 4,117 4,090 3,946 3,756 3,373 5,360 3,465 3,291 3,156 4,947 4,697 4,431 4,161 4,558 3,914 4,162 4,151 4,971 4,684 4,570 4,147 4,888 4,456 4,248 3,816 4,435 4,039 3,574 3,216 (245) 3,674 3,579 5,814 5,503 5,400 5,587 6,807 6,312 5,812 5,606 6,812 6,344 5,960 5,553 6,700 6,484 5,919 5,309 6,545 6,288 5,854 5,535 5,243 5,417 4,953 4,828 5,322 5,091 5,087 5,415 6,696 6,568 6,023 5,520 6,134 5,874 5,394 5,051 5,516 5,217 4,852 4,548 4,643 4,465 4,227 3,970 4,120 4,036 3,859 3,600 3,694 3,465 3,537.7 3,420.8 3,551.9 4,103.3 3,919.5 4,065 4,041.8 3,894.7 3,543.3
Cost of Revenue 2,140 2,035 2,336 2,160 2,061 1,940 2,248 2,066 2,092 2,201 2,078 1,952 1,955 1,753 3,043 1,879 1,815 1,741 2,951 2,715 2,569 2,438 2,676 2,296 2,412 2,392 2,843 2,683 2,645 2,386 2,823 2,514 2,431 2,202 2,631 2,361 2,017 1,851 (530) 2,081 2,037 3,446 3,269 3,234 3,307 3,918 3,674 3,417 3,370 4,008 3,776 3,587 3,346 3,951 3,856 3,583 3,254 3,955 3,790 3,548 3,372 3,031 3,253 2,990 2,960 3,294 3,253 3,250 3,419 4,222 4,155 3,781 3,510 3,875 3,769 3,455 3,256 3,531 3,361 3,118 2,955 2,974 2,865 2,725 2,558 2,631 2,597 2,503 2,318 2,400 2,254 2,303 2,232.1 2,394.2 2,652.5 2,531.5 2,607.8 2,605.1 2,342.2 2,125.3
Gross Profit 2,422 2,311 2,519 2,393 2,371 2,235 2,371 2,314 2,284 1,916 2,012 1,994 1,801 1,620 2,317 1,586 1,476 1,415 1,996 1,982 1,862 1,723 1,882 1,618 1,750 1,759 2,128 2,001 1,925 1,761 2,065 1,942 1,817 1,614 1,804 1,678 1,557 1,365 285 1,593 1,542 2,368 2,234 2,166 2,280 2,889 2,638 2,395 2,236 2,804 2,568 2,373 2,207 2,749 2,628 2,336 2,055 2,590 2,498 2,306 2,163 2,212 2,164 1,963 1,868 2,028 1,838 1,837 1,996 2,474 2,413 2,242 2,010 2,259 2,105 1,939 1,795 1,985 1,856 1,734 1,593 1,669 1,600 1,502 1,412 1,489 1,439 1,356 1,282 1,294 1,211 1,234.7 1,188.7 1,157.7 1,450.8 1,388 1,457.2 1,436.7 1,552.5 1,418
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 1,316 1,242 1,330 1,266 1,283 1,224 1,315 1,254 1,296 1,277 1,114 1,042 1,000 1,030 1,136 894 888 849 1,054 1,073 1,054 998 946 934 983 1,136 1,109 1,126 1,145 1,077 1,180 1,058 1,035 995 997 931 868 822 (183) 852 878 1,185 1,276 1,318 1,405 1,453 1,424 1,394 1,444 1,432 1,396 1,426 1,394 1,385 1,338 1,359 1,354 1,339 1,363 1,315 1,311 1,358 1,168 1,203 1,134 1,426 1,089 1,119 1,193 1,300 1,321 1,252 1,184 1,240 1,160 1,109 1,078 1,107 1,037 1,005 950 923 907 893 872 860 824 807 790 753 731 733.3 724.3 786.7 790 774 775.4 767.3 743.3 701.9
Other Expenses 205 205 207 219 229 229 266 264 273 274 125 120 119 118 134 93 57 31 168 71 74 78 67 93 11 59 61 45 47 57 57 47 51 56 59 41 21 22 (102) 22 22 176 88 97 64 65 66 79 70 67 86 70 75 0 102 88 81 (266) 0 0 0 (12) 69 92 0 (118) 131 111 79 22 20 22 0 17 16 16 14 15 13 0 0 28 8 0 0 21 0 0 0 0 0 28 0 690.6 0 0 0 0 172.1 163.5
Operating Expenses 1,521 1,447 1,537 1,485 1,512 1,453 1,581 1,518 1,569 1,551 1,239 1,162 1,119 1,148 1,270 987 945 880 1,222 1,144 1,128 1,076 1,013 1,027 994 1,195 1,170 1,171 1,192 1,134 1,237 1,105 1,086 1,051 1,056 972 889 844 (285) 874 900 1,361 1,364 1,415 1,469 1,518 1,490 1,473 1,514 1,499 1,482 1,496 1,469 1,385 1,440 1,447 1,435 1,073 1,363 1,315 1,311 1,346 1,237 1,295 1,134 1,308 1,220 1,230 1,272 1,322 1,341 1,274 1,184 1,257 1,176 1,125 1,092 1,122 1,050 1,005 950 951 915 893 872 881 824 807 790 753 731 761.3 724.3 1,477.3 790 774 775.4 767.3 915.4 865.4
Operating Income
Operating Income 901 864 982 908 859 782 790 796 715 365 773 832 682 472 1,047 599 531 535 774 838 734 647 869 591 756 564 958 830 733 627 828 837 731 563 748 706 668 521 570 719 642 1,007 870 751 811 1,371 1,148 922 722 1,305 1,086 877 738 1,364 1,188 889 620 1,517 1,135 991 852 866 927 668 734 720 618 607 724 1,152 1,072 968 826 1,002 929 814 703 863 806 729 643 718 685 609 540 608 615 549 492 541 480 473.4 464.4 (319.6) 660.8 614 681.8 669.4 637.1 552.6
Interest Expense 110 116 242 95 86 52 166 56 90 84 54 10 71 68 70 61 55 42 42 40 42 42 43 49 42 41 48 50 55 48 54 49 50 49 50 49 50 52 52 53 54 49 49 49 53 53 53 51 61 60 56 60 58 57 56 63 62 44 61 62 65 84 81 73 68 87 65 49 43 0 0 0 0 0 0 0 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 26 26 150 0 45 44 148 24 64 71 162 10 18 20 16 11 4 3 3 3 4 2 3 4 6 6 8 7 7 5 8 10 14 11 11 10 9 6 3 7 8 4 9 9 7 6 7 4 7 4 5 3 4 0 5 5 4 0 5 5 4 0 17 6 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,272 1,250 1,417 1,201 1,099 1,210 1,271 928 1,225 681 1,229 1,089 973 750 1,309 661 735 1,162 1,119 1,058 1,014 849 1,031 716 942 675 1,106 1,020 934 841 1,028 986 899 739 917 831 755 659 494 849 748 1,247 1,046 1,858 1,025 1,077 1,329 1,078 913 1,448 768 1,096 937 856 1,422 1,079 819 1,354 1,268 1,111 997 1,096 1,147 880 841 929 802 789 900 1,329 1,252 1,147 997 1,167 1,092 981 864 1,016 966 882 784 860 829 748 677 755 755 688 623 669 617 605 602.3 (147.3) 841.6 785.4 853.8 840.3 809.2 716.1
EBIT 903 891 1,038 829 715 827 845 511 801 259 958 832 710 490 992 439 564 984 870 821 775 605 808 507 731 464 893 817 730 639 827 807 708 552 735 660 615 516 515 709 606 1,045 845 1,653 818 869 1,125 868 704 1,241 567 891 731 650 1,211 877 615 1,137 1,053 895 778 885 944 674 645 744 618 607 724 1,152 1,072 968 826 1,002 929 814 703 863 806 729 643 718 685 609 540 608 615 549 492 541 480 473.4 464.4 (319.6) 660.8 614 681.8 669.4 637.1 552.6
Income Before Tax 793 775 796 734 629 775 679 455 711 175 904 822 639 422 904 378 509 942 828 784 737 563 765 458 689 423 826 767 675 591 738 768 658 503 685 621 565 464 461 656 552 996 796 1,604 765 816 1,072 817 643 1,181 511 831 673 593 1,155 814 553 1,093 992 833 713 801 863 601 577 657 553 558 681 1,000 946 872 773 907 824 733 640 775 714 625 570 619 598 498 434 530 499 466 357 406 356 371.3 404.6 (4.1) 545.4 544.1 569.6 574.1 538.6 496
Income Tax Expense 175 169 160 154 199 182 149 88 162 16 209 168 134 98 196 123 80 196 154 151 169 111 35 51 165 94 102 155 150 124 116 49 169 109 183 202 181 94 61 205 177 345 222 625 236 401 334 263 166 373 297 253 207 293 368 258 172 345 294 266 222 241 266 180 148 151 155 176 210 310 299 274 254 284 250 240 195 249 228 191 171 200 240 150 137 176 158 148 113 130 115 122.3 129.9 10.6 186.7 186.7 198.6 200.4 185.8 171.1
Net Income 618 605 636 586 485 585 996 329 501 142 744 9,352 792 2,331 740 921 674 896 670 627 561 445 723 399 517 326 717 604 520 465 617 712 482 392 504 413 292 309 438 479 369 648 564 973 525 410 728 547 462 795 194 561 454 282 770 545 371 761 683 556 480 749 585 405 425 506 387 373 458 688 612 547 565 623 574 494 445 526 486 434 399 419 358 348 297 354 341 318 244 276 246 248.7 274.7 (14.7) 358.7 357.4 371 373.7 352.8 324.9
Per Share Data
EPS (Basic) 1.10 1.08 1.13 1.04 0.86 1.03 1.74 0.58 0.88 0.25 1.23 1.13 0.93 0.56 0.82 0.38 0.72 1.25 1.12 1.05 0.94 0.74 1.21 0.67 0.85 0.53 1.17 0.98 0.85 0.75 0.98 1.13 0.76 0.61 0.79 0.62 0.43 0.35 0.68 0.74 0.57 0.99 0.84 1.42 0.76 0.59 1.03 0.78 0.65 1.13 0.27 0.77 0.63 0.39 1.05 0.74 0.50 1.03 0.91 0.74 0.63 1.00 0.78 0.54 0.56 0.67 0.52 0.50 0.60 0.88 0.79 0.70 0.72 0.78 0.72 0.62 0.56 0.64 0.59 0.53 0.49 0.51 0.43 0.42 0.36 0.42 0.41 0.38 0.29 0.33 0.28 0.30 0.33 -0.02 0.42 0.42 0.43 0.44 0.42 0.38
EPS (Diluted) 1.10 1.07 1.12 1.04 0.86 1.02 1.73 0.57 0.87 0.25 1.22 1.12 0.92 0.56 0.82 0.38 0.72 1.25 1.12 1.04 0.93 0.74 1.20 0.67 0.85 0.53 1.16 0.97 0.84 0.74 0.98 1.12 0.76 0.61 0.79 0.62 0.43 0.35 0.68 0.74 0.57 0.98 0.84 1.42 0.75 0.58 1.03 0.77 0.65 1.10 0.27 0.77 0.62 0.38 1.04 0.74 0.50 1.01 0.90 0.73 0.63 0.99 0.77 0.53 0.56 0.67 0.51 0.49 0.60 0.87 0.78 0.69 0.71 0.78 0.72 0.61 0.55 0.64 0.59 0.52 0.48 0.50 0.43 0.42 0.35 0.42 0.41 0.38 0.29 0.33 0.28 0.30 0.33 -0.02 0.42 0.42 0.43 0.44 0.41 0.38
Shares Outstanding 560.8 561.8 562.8 562.1 563 568.5 571.6 571.9 571.4 570.8 572 570.9 570.9 583.6 590.8 592.8 593.3 594.6 595.8 598.2 599.4 598.5 598 596.9 607.4 610 611 614.3 614 623.9 629.2 629.4 632.6 638.2 641.7 642.8 643.6 642.8 642.8 642.2 642 654.6 665.7 680.9 691.4 696.6 699.6 701.7 703.5 706.7 716.9 720.5 722.3 724.1 730.4 732.7 734.3 738.9 748.7 752.1 752.2 752.7 751.1 751.1 750.3 755 749.6 752.1 763.2 780.3 778.6 781.4 784.7 794.1 797.2 796.8 794.6 816.4 823.7 818.9 814.3 829.2 832.6 828.6 836.6 838 842.0 836.8 841.4 837.7 878.6 831.5 845.2 849.2 854.0 851.0 854.3 849.3 854.4 866.4
Metric 2026 Q2 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 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 1,791 1,748 1,544 2,219 1,887 2,834 3,588 2,298 2,318 2,076 8,051 9,957 2,046 2,271 1,804 2,529 6,929 4,726 2,354 2,860 2,342 2,197 3,315 2,450 2,583 1,635 1,494 1,603 1,384 1,248 1,093 3,411 2,444 3,096 3,062 3,140 5,039 4,151 3,182 3,516 3,322 2,159 0.0 1,560 1,507 1,668 1,331 1,165 1,009 696 606 437 381 548 423.2 403.6 359.7 280.8 402.5 373.4 339.5 266.1 332.8 305.6 321.7 209.7 413.7 426.5 464.2 221.1 325.4 284.2 181.9 149 213.1 194.6 227.9 117.3 213.2 216 200 113.3 219.4 191.1 194.7 101.9 218.2 216.6 222.5
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 0 0 0
Net Receivables 3,158 2,972 3,101 2,908 2,901 2,694 2,927 2,761 2,877 2,759 2,518 2,491 2,330 2,231 2,261 2,957 2,958 2,745 2,971 2,754 2,754 2,652 2,802 2,512 2,641 2,726 2,985 2,901 2,911 2,733 3,023 3,027 3,042 2,881 3,072 2,926 2,479 2,426 2,701 4,014 3,874 3,654 3,650 3,623 3,757 4,007 4,083 2,874 2,705 2,650 2,547 2,395 2,513 2,603.6 2,717.2 2,879.5 2,742.9 2,705.6 2,803.7 2,647.3 2,487.6 2,516.3 2,563.1 2,566.1 2,396.1 2,416.1 2,445 2,385.9 2,226.5 2,200.2 2,284.6 2,254.6 2,016.4 1,979.8 2,055.3 2,054.6 1,852.2 1,757.6 1,934.8 1,871.7 1,597.3 1,542.6 1,617.1 1,519.2 1,367.6 1,392.1 1,467.8 1,483 1,401.2
Inventory 2,452 2,353 2,213 2,288 2,216 2,200 2,180 2,303 2,357 2,432 2,006 2,085 2,034 1,999 1,742 2,319 2,399 2,335 2,050 2,114 2,016 2,013 1,928 2,102 2,058 2,064 1,880 2,061 2,073 1,980 1,813 1,805 1,897 1,845 1,696 1,891 1,331 1,278 1,208 1,949 1,950 2,075 0.0 1,855 2,257 2,470 2,309 1,631 1,647 1,558 1,679 1,671 1,624 1,698 2,058.9 2,211.8 2,217.6 2,052.7 2,011.4 2,023.6 1,953.1 1,921.1 1,887.4 1,926.2 1,998.4 1,996.5 1,953.9 1,877.3 1,874.6 1,881.6 1,836.3 1,824.1 1,816.9 1,743.9 1,671.7 1,684.2 1,650 1,602.6 1,603.8 1,590.8 1,455.7 1,392.2 1,320.3 1,272.5 1,248.5 1,298.3 1,350 1,358 1,381.1
Other Current Assets 1,850 1,770 1,725 1,657 1,623 1,466 1,497 1,458 1,457 1,399 1,244 1,227 2,575 2,499 2,699 1,570 1,253 1,054 1,057 1,038 849 819 761 815 750 771 780 785 784 697 369 333 342 330 422 597 597 1,022 2,869 741 767 4,274 4,267 615 4,368 4,735 4,731 638 619 596 450 436 443 4,753.2 471.5 5,545.7 465.5 443.6 446.6 436.4 421.6 420.9 377.9 392.3 374.5 379 365.3 405.6 391.7 413.9 366.9 336 314.2 314.5 310.1 315.5 292.8 306.6 328.5 311.8 306.4 290.1 281.6 289.4 302 282 286.4 280.8 272.5
Total Current Assets 9,251 8,843 8,583 9,072 8,627 9,194 10,192 8,820 9,009 8,666 13,819 15,760 8,985 9,000 8,506 9,375 13,539 10,860 8,432 8,766 7,961 7,681 8,806 7,879 8,032 7,196 7,139 7,350 7,152 6,658 6,619 8,576 7,725 8,152 8,252 8,554 9,446 8,877 9,960 10,220 9,913 8,508 0.0 7,653 8,132 8,873 8,371 6,308 5,980 5,500 5,282 4,939 4,961 5,301.2 5,670.8 5,949.3 5,785.7 5,482.7 5,664.2 5,480.7 5,201.8 5,124.4 5,161.2 5,190.2 5,090.7 5,001.3 5,177.9 5,095.3 4,957 4,716.8 4,813.2 4,698.9 4,329.4 4,187.2 4,250.2 4,248.9 4,022.9 3,784.1 4,080.3 3,990.3 3,559.4 3,338.2 3,438.4 3,272.2 3,112.8 3,074.3 3,322.4 3,338.4 3,277.3
Non-Current Assets
Property, Plant & Equipment 2,850 2,867 3,508 2,791 2,757 2,743 3,499 2,688 3,375 3,336 2,363 2,804 2,699 2,697 2,239 3,890 4,090 4,221 3,738 4,167 4,186 4,227 3,688 3,565 3,553 3,633 3,642 3,614 3,615 3,551 3,562 3,260 3,299 3,279 3,321 3,304 2,880 2,861 2,931 3,521 3,523 3,367 3,475 3,500 3,447 3,459 3,279 2,906 2,944 2,962 3,022 3,070 3,116 3,108.1 3,280 3,302.6 3,263.2 3,243.4 3,140.6 3,237.2 3,142.8 3,154.4 3,068.5 3,048.2 3,053.9 3,011.6 2,885.3 2,806.8 2,774 2,735.4 2,583.2 2,538 2,490.6 2,450.8 2,356 2,325.3 2,174.5 2,134.9 2,100.1 2,051.6 1,973 1,947.3 1,879.7 1,851.1 1,837.1 1,880.1 1,867.8 1,882.7 1,951
Goodwill 18,153 18,182 18,193 18,158 17,999 17,906 18,067 17,936 17,964 17,983 14,480 14,131 14,097 14,087 13,946 14,748 7,631 7,695 7,723 7,777 7,787 7,832 6,734 6,624 6,520 6,578 6,536 6,544 6,509 6,468 6,455 5,745 5,821 5,616 5,316 5,296 3,891 3,861 3,909 6,667 6,642 7,630 0.0 7,078 6,616 6,556 6,289 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,174.7 4,004.1 4,002.3 3,702.7 3,356.5 3,317.4 3,283.7 3,116 2,842.9 2,830.7 2,865.4 2,779.2 2,678.5 2,648.9 2,426 2,384.9 2,415.9 2,326.5 2,061.7 1,862.9 1,827.5 1,812.9 1,811.5 0 0 0 0
Intangible Assets 8,954 9,205 9,458 9,669 9,823 10,025 10,436 10,627 10,976 11,270 6,263 6,147 6,299 6,460 6,572 6,930 2,699 2,791 2,877 2,993 3,095 3,196 2,468 2,488 2,498 2,567 2,615 2,691 2,701 2,714 2,751 2,157 2,203 2,118 1,890 1,868 869 879 902 1,411 1,437 0 0 0 0 0 686 5,022 5,013 4,942 4,960 4,930 4,910 4,876.1 5,225 5,325.4 5,300.2 5,320 5,410.4 5,090.6 4,208.3 4,263 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,834.3 1,890.4 1,844.1 1,799.3
Long-Term Investments 0 660 676 0 0 0 0 2,908 3,191 3,253 3,255 3,359 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,880 2,182 1,467 2,827 2,772 2,742 1,988 2,606 1,862 1,907 2,566 1,872 3,984 3,924 4,409 2,001 1,435 1,291 1,945 671 663 640 1,186 1,174 1,108 1,127 565 1,118 1,094 1,038 1,003 749 737 693 810 380 191 993 4,030 263 249 2,215 2,304 388 1,796 1,634 1,450 1,785 1,770 1,790 1,540 1,556 1,558 1,611.5 1,301.6 1,160 1,164.8 1,118.2 1,099 1,134.1 1,076.3 1,081.7 1,129.6 1,013.3 1,014.7 944.2 909 891.1 902.8 895.1 857.2 851.9 1,011 1,063.8 1,160.9 1,153.7 1,109.8 1,095.1 1,070.9 1,054.9 1,134.2 1,066.6 1,042.3 1,024.7 1,016.8 1,025.8 1,005.7 992.5 993.4
Total Non-Current Assets 32,837 33,096 33,381 33,445 33,351 33,416 34,054 36,765 37,431 37,847 28,927 28,413 27,162 27,241 27,166 27,667 15,958 16,099 16,283 15,718 15,839 15,997 14,076 13,851 13,679 13,905 13,358 13,967 13,919 13,771 13,771 11,911 12,060 11,706 11,337 10,848 7,831 8,594 11,783 11,862 11,851 13,212 0.0 12,110 11,859 11,649 11,704 9,713 9,727 9,694 9,522 9,556 9,584 9,595.7 9,806.6 9,788 9,728.2 9,681.6 9,650 9,461.9 8,427.4 8,499.1 8,372.8 8,065.6 8,070.9 7,658.5 7,150.8 7,015.3 6,960.5 6,746.5 6,283.3 6,220.6 6,367 6,293.8 6,195.4 6,127.9 5,710.3 5,614.9 5,586.9 5,433 5,168.9 4,876.8 4,749.5 4,688.7 4,665.4 4,740.2 4,763.9 4,719.3 4,743.7
Total Assets 42,088 41,939 41,964 42,517 41,978 42,610 44,246 45,585 46,440 46,513 42,746 44,173 36,147 36,241 35,672 37,042 29,497 26,959 24,715 24,484 23,800 23,678 22,882 21,730 21,711 21,101 20,497 21,317 21,071 20,429 20,390 20,487 19,785 19,858 19,589 19,402 17,277 17,471 21,743 22,082 21,764 21,720 0.0 19,763 19,991 20,522 20,075 16,021 15,707 15,194 14,804 14,495 14,545 14,896.9 15,477.4 15,737.3 15,513.9 15,164.3 15,314.2 14,942.6 13,629.2 13,623.5 13,534 13,255.8 13,161.6 12,659.8 12,328.7 12,110.6 11,917.5 11,463.3 11,096.5 10,919.5 10,696.4 10,481 10,445.6 10,376.8 9,733.2 9,399 9,667.2 9,423.3 8,728.3 8,215 8,187.9 7,960.9 7,778.2 7,814.5 8,086.3 8,057.7 8,021
Current Liabilities
Account Payables 1,468 1,339 1,384 1,272 1,340 1,260 1,335 1,251 1,271 1,234 1,275 1,218 1,207 1,219 1,276 2,040 2,049 2,100 2,108 1,966 1,797 1,694 1,715 1,426 1,521 1,649 1,874 1,785 1,730 1,794 1,943 1,647 1,603 1,596 1,776 1,613 1,368 1,335 1,517 2,230 2,140 2,122 1,991 1,949 1,871 2,171 2,247 1,400 1,324 1,397 1,222 1,136 1,268 1,175.9 1,163.2 1,263.9 1,185.2 1,210.6 1,028.5 1,001.1 890.4 1,068.8 836.6 872.3 831.3 1,036.7 767.1 725.7 746.8 942.1 751.7 725.9 620.6 791.3 599.1 644.6 645.1 740.2 632.1 644 523.6 611.4 527.7 470.9 393.5 492.8 440.4 480.8 427.2
Short-Term Debt 5,804 5,693 4,797 5,953 6,038 1,066 532 2,991 3,155 3,227 547 667 1,959 1,792 2,115 3,227 2,762 37 872 1,478 1,456 1,717 1,160 1,725 3,741 1,984 1,444 1,877 2,551 3,320 1,623 2,862 1,833 2,093 862 1,363 252 254 2,584 3,220 3,232 1,269 1,240 577 1,722 2,042 954 504 647 391 1,045 1,017 1,560 2,343.9 2,394.3 2,521.4 2,447.1 2,352.7 3,353.6 3,382.2 2,065.3 1,953.7 2,301.1 2,046 2,009.2 1,524.4 1,994.4 1,921 1,845.9 1,445.1 1,425.3 1,308.9 1,201.2 967 1,402.7 1,456.5 1,430.8 1,387.1 1,718.3 1,720.7 1,350.7 923.3 1,182.9 1,246.9 1,091.9 1,183.9 1,487.5 1,636.7 1,757.1
Deferred Revenue 0 1,088 1,031 1,125 1,112 0 1,043 1,088 1,100 1,133 0 946 940 901 0 886 868 851 0 774 749 699 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,063.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 685 830 772 794 0 788 1,878 605 572 0 621 1,674 1,661 1,348 693 630 564 0 784 668 597 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 289 1,601 0 0 0 0 0 0 203 283 152 190 116 138 174 124 173 117.6 260.4 371.5 264.9 294.3 245.8 362.4 263.1 195.1 229.5 320.3 207.9 244.1 256.9 280.9 213.3 164 177.6 259.1 199.5 165.4 202.7 258.2 173.6 148.7 151.9 230.6 146.2 116.4 110.1 289.8 1,015.9 1,061.3 981.7 975.5
Total Current Liabilities 10,654 10,520 9,797 10,732 10,846 5,958 5,742 7,592 7,664 7,765 5,032 6,614 7,549 8,160 7,777 8,812 8,072 5,331 6,246 6,670 6,294 6,376 5,785 5,985 7,940 6,340 5,976 6,218 6,714 7,540 6,164 6,954 5,945 6,192 5,045 5,370 3,771 4,146 8,008 8,326 8,182 5,999 0.0 4,956 5,947 6,828 5,682 3,612 3,643 3,417 3,865 3,714 4,400 5,164.1 5,196.6 5,508.3 5,401.4 5,218.8 6,015.3 5,862.3 4,509.7 4,590.4 4,641.2 4,390.7 4,299.5 4,021.7 4,211.8 4,074.8 4,002.1 3,842.4 3,471.9 3,304.5 3,116.5 3,021.1 3,160.1 3,254.2 3,231.7 3,280.7 3,488.9 3,471.3 2,983.3 2,617.3 2,765.2 2,708.4 2,624 2,692.6 2,989.2 3,099.2 3,159.8
Non-Current Liabilities
Long-Term Debt 7,555 7,575 8,319 8,278 8,176 6,557 7,155 7,111 7,614 7,632 7,610 7,642 8,174 8,159 8,259 8,367 8,203 8,722 5,793 5,835 5,823 5,892 6,326 5,500 3,960 4,018 4,277 4,336 3,786 2,641 3,137 3,126 3,357 3,375 3,794 3,797 3,816 3,815 4,062 4,062 4,062 4,581 0.0 3,998 3,696 3,234 3,623 3,756 3,733 3,733 3,486 3,486 2,990 2,749.4 2,276.5 2,279.2 2,278.7 2,247.7 1,752.9 1,444.5 1,400.8 1,317.1 1,333.7 1,286.3 1,243.3 1,056.6 610.4 601.9 574.3 570.7 654.7 783.8 773.2 772.6 786.2 816.1 455.7 208.6 275.8 330.4 278 279.9 317.8 321.9 330.7 438 495.3 481.2 446.1
Deferred Tax Liabilities 0 1,792 1,822 1,914 2,012 0 2,138 2,507 2,654 2,827 1,969 2,006 1,585 1,694 1,714 1,736 750 736 711 555 429 411 261 0 0 0 327 0 483 482 484 274 262 244 425 426 182 213 210 461 453 0 0 0 0 566 753 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 3,560 1,247 1,223 1,219 1,190 3,716 1,191 1,176 1,216 1,269 1,133 1,138 1,187 1,208 1,294 1,456 1,476 1,487 1,629 1,719 1,685 1,662 1,690 2,367 2,248 2,284 1,644 1,959 1,516 1,490 1,615 1,673 1,684 1,659 1,555 1,787 1,451 1,543 1,845 1,278 1,324 2,135 2,188 2,103 2,136 1,334 1,131 1,648 1,605 1,584 1,414 1,415 1,414 1,326.6 1,294.7 1,269.3 1,269.4 1,295 1,265.8 1,505.8 1,529.9 1,535.5 1,510.2 1,631.7 1,646.9 1,778.2 1,734.5 1,703 1,691.5 1,629.5 1,449.7 1,413.6 1,311.8 1,333.9 1,288.5 1,213.8 1,053.7 1,038.9 1,105.8 1,077 1,041.6 976 916.6 888.5 878.4 768.8 689.3 687.3 691.7
Total Non-Current Liabilities 11,115 11,127 11,869 11,899 11,866 10,273 10,995 11,305 11,995 12,193 11,116 11,146 11,251 11,367 11,579 11,943 10,811 11,340 8,546 8,475 8,326 8,363 8,650 7,867 6,208 6,302 6,248 6,295 5,785 4,613 5,236 5,073 5,303 5,278 5,774 6,010 5,449 5,571 6,106 5,801 5,839 6,716 6,746 6,101 5,832 5,134 5,507 5,404 5,338 5,317 4,900 4,901 4,404 4,076 3,571.2 3,548.5 3,548.1 3,542.7 3,018.7 2,950.3 2,930.7 2,852.6 2,843.9 2,918 2,890.2 2,834.8 2,344.9 2,304.9 2,265.8 2,200.2 2,104.4 2,197.4 2,085 2,106.5 2,074.7 2,029.9 1,509.4 1,247.5 1,381.6 1,407.4 1,319.6 1,255.9 1,234.4 1,210.4 1,209.1 1,206.8 1,184.6 1,168.5 1,137.8
Total Liabilities 21,769 21,647 21,666 22,631 22,712 16,231 16,737 18,897 19,659 19,958 16,148 17,760 18,800 19,527 19,356 20,755 18,883 16,671 14,792 15,145 14,620 14,739 14,435 13,852 14,148 12,642 12,224 12,513 12,499 12,153 11,400 12,027 11,248 11,470 10,819 11,380 9,220 9,717 14,125 14,127 14,021 12,715 0.0 11,208 11,779 11,962 11,189 9,016 8,981 8,734 8,765 8,615 8,804 9,240.1 8,767.8 9,056.8 8,949.5 8,761.5 9,034 8,812.6 7,440.4 7,443 7,485.1 7,308.7 7,189.7 6,856.5 6,556.7 6,379.7 6,267.9 6,042.6 5,576.3 5,501.9 5,201.5 5,127.6 5,234.8 5,284.1 4,741.1 4,528.2 4,870.5 4,878.7 4,302.9 3,873.2 3,999.6 3,918.8 3,833.1 3,899.4 4,173.8 4,267.7 4,297.6
Stockholders' Equity
Common Stock 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 238 238 238 238 238 238 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 238.3 0 0 0 0
Retained Earnings 41,176 40,871 40,603 40,265 39,977 41,112 40,830 40,135 40,108 39,910 40,070 39,624 30,571 30,076 28,053 27,618 27,003 26,636 26,047 25,678 25,354 25,096 24,955 24,531 24,431 24,220 24,199 23,777 23,475 23,252 23,072 22,660 22,254 22,079 21,995 21,800 21,696 21,714 21,716 21,583 21,410 15,040 14,888 14,714 14,331 14,208 12,121 9,114 8,964 8,889 8,583 8,513 8,461 8,374.9 9,167.5 9,000.9 8,806.2 8,612.9 8,394.7 8,173.5 7,974.1 7,803.7 7,604.6 7,400.7 7,216.5 7,056.5 6,872.3 6,677.9 6,501 6,348.9 6,178.5 6,001.6 5,841.7 5,707.7 5,551.3 5,394.1 5,249.1 5,128.3 5,000.7 4,852.6 4,722.5 4,619.1 4,498.2 4,379.7 4,272.7 4,182.5 4,083.6 3,977.5 3,880.8
Accumulated Other Comprehensive Income (861) (828) (821) (850) (1,150) (1,340) (868) (1,237) (1,097) (1,090) (1,253) (1,072) (1,148) (1,255) (1,485) (1,152) (957) (922) (872) (1,307) (1,322) (1,330) (1,577) (1,699) (1,903) (1,576) (1,722) (1,016) (928) (1,052) (1,015) (1,092) (827) (992) (1,019) (1,575) (1,690) (2,030) (1,999) (1,564) (1,582) (558) (466) (496) (430) (356) 518 (99) (211) (386) (485) (567) (647) (658.1) (770.8) (661.8) (623.5) (578.6) (470.5) (384.9) (314) (271.6) (299.2) (250.4) (166.9) (236.2) (224) (230.1) (190.9) (205.9) (85.9) (114.7) 27.4 (29.2) (58.4) (22.1) 20.9 17 26.8 (9.1) 6.7 8.7 (49.3) (86.8) (97.6) 0 0 0 0
Total Stockholders' Equity 20,303 20,292 20,282 19,870 19,249 20,490 21,636 20,799 20,900 20,674 20,689 20,464 11,360 10,727 10,364 10,315 10,575 10,249 9,883 9,291 9,130 8,895 8,405 7,831 7,517 8,421 8,233 8,755 8,526 8,236 8,947 8,413 8,492 8,349 8,718 7,966 8,006 7,713 7,568 7,901 7,692 8,855 8,791 8,555 8,212 8,402 8,703 7,005 6,726 6,460 6,039 5,880 5,741 5,656.8 6,709.6 6,680.5 6,564.4 6,402.8 6,280.2 6,130 6,188.8 6,180.5 6,048.9 5,947.1 5,971.9 5,803.3 5,772 5,730.9 5,649.6 5,420.7 5,520.2 5,417.6 5,494.9 5,353.4 5,210.8 5,092.7 4,992.1 4,870.8 4,796.7 4,544.6 4,425.4 4,341.8 4,188.3 4,042.1 3,945.1 3,915.1 3,912.5 3,790 3,723.4
Total Liabilities & Equity 42,088 41,939 41,964 42,517 41,978 42,610 44,246 45,585 46,440 46,513 42,746 44,173 36,147 36,241 35,672 37,042 29,497 26,959 24,715 24,484 23,800 23,678 22,882 21,730 21,711 21,101 20,497 21,317 21,071 20,429 20,390 20,487 19,785 19,858 19,589 19,402 17,277 17,471 21,743 22,082 21,764 21,720 0.0 19,763 19,991 20,522 20,075 16,021 15,707 15,194 14,804 14,495 14,545 14,896.9 15,477.4 15,737.3 15,513.9 15,164.3 15,314.2 14,942.6 13,629.2 13,623.5 13,534 13,255.8 13,161.6 12,659.8 12,328.7 12,110.6 11,917.5 11,463.3 11,096.5 10,919.5 10,696.4 10,481 10,445.6 10,376.8 9,733.2 9,399 9,667.2 9,423.3 8,728.3 8,215 8,187.9 7,960.9 7,778.2 7,814.5 8,086.3 8,057.7 8,021
Debt Metrics
Total Debt 13,359 13,920 13,759 14,869 14,851 7,623 8,356 10,766 11,435 11,481 8,561 8,815 10,570 10,388 10,686 12,132 11,498 9,306 7,078 7,830 7,818 8,159 7,859 7,225 7,701 6,002 5,721 6,213 6,337 5,961 4,760 5,988 5,190 5,468 4,656 5,160 4,068 4,069 6,635 7,282 7,294 5,850 5,798 4,575 5,418 5,276 4,577 4,260 4,380 4,124 4,531 4,503 4,550 5,093.3 4,670.8 4,800.6 4,725.8 4,600.4 5,106.5 4,826.7 3,466.1 3,270.8 3,634.8 3,332.3 3,252.5 2,581 2,604.8 2,522.9 2,420.2 2,015.8 2,080 2,092.7 1,974.4 1,739.6 2,188.9 2,272.6 1,886.5 1,595.7 1,994.1 2,051.1 1,628.7 1,203.2 1,500.7 1,568.8 1,422.6 1,621.9 1,982.8 2,117.9 2,203.2
Net Debt 11,568 12,172 12,215 12,650 12,964 4,789 4,768 8,468 9,117 9,405 510 (1,142) 8,524 8,117 8,882 9,603 4,569 4,580 4,724 4,970 5,476 5,962 4,544 4,775 5,118 4,367 4,227 4,610 4,953 4,713 3,667 2,577 2,746 2,372 1,594 2,020 (971) (82) 3,453 3,766 3,972 3,691 3,958 3,015 3,911 3,608 3,246 3,095 3,371 3,428 3,925 4,066 4,169 4,545.3 4,247.6 4,397 4,366.1 4,319.6 4,704 4,453.3 3,126.6 3,004.7 3,302 3,026.7 2,930.8 2,371.3 2,191.1 2,096.4 1,956 1,794.7 1,754.6 1,808.5 1,792.5 1,590.6 1,975.8 2,078 1,658.6 1,478.4 1,780.9 1,835.1 1,428.7 1,089.9 1,281.3 1,377.7 1,227.9 1,520 1,764.6 1,901.3 1,980.7
Metric 2026 Q2 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 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 618 606 636 580 429 593 530 367 549 159 695 654 505 324 708 255 429 746 674 633 568 452 730 407 524 329 724 612 525 467 622 719 489 394 502 419 384 370 400 451 375 358 348 297 318 244 276 360 236 217 248.7 (656.1) 1,212.4 (683) (14.7) 330.4 358.7 371 373.7 352.8 324.9 340.2 345.1 325.9 302.4 313.9 324.8 307.6 282.3 290 296.6 280.4 254.9 266.2 266.9 254.9 230.5 237.6 239.6 227.1 224.7 208.2 208 194.3 293.9 180 187.2 177.7 163.2
Depreciation & Amortization 369 359 379 372 384 383 426 417 424 422 271 257 263 260 317 222 171 178 249 237 239 244 223 209 211 211 213 203 204 202 201 179 191 187 182 171 140 143 (21) 140 142 144 139 137 139 131 128 142 137 127 131.6 140.5 137.9 131 172.3 184 180.8 172 170.9 172.1 163.5 156.3 164 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 103.5 91.8 86.3 82.9 76.7 89.3 89.4 85.3
Stock-Based Compensation 58 55 65 71 59 68 57 56 73 74 52 56 40 102 37 14 43 34 33 66 61 64 41 51 (38) 56 0 31 59 (7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (256) (357) 71 123 (49) (154) 25 171 (109) (238) 179 31 (101) (289) 191 (63) (173) (125) (43) 180 (5) 71 234 174 (80) (180) 202 178 (220) (310) 203 77 (203) (160) 144 142 12 (138) 128 21 55 125 (81) (203) (3) (127) 355 (22) (34) (33) 216.4 222.5 64.1 (71) 496.9 (87.9) (88.3) 204.7 (31.7) (108.7) (169.2) 0 31.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (56) 67.5 (148.4) (54) 102.9 (1.3) (117.5) (66.5) 168.5 46.4 (66.6) (122.6)
Other Non-Cash Items (10) 36 (141) (76) (582) (113) 46 79 (194) (2) (1,840) (204) (639) 21 (36) 312 (28) (310) (58) (11) (56) (23) 1 1 (29) 8 65 (78) (35) (29) (2) (51) 20 26 26 (84) (364) (137) 450 106 147 (21) 35 30 (3) 36 81 (270) 35 (4) 42.8 781.6 (976.4) 875 40.3 (87.1) (54.8) (53.9) (56.5) (29.8) (16) 195.3 (68.2) 44.8 (26.8) 322.3 103.9 33.1 (36.3) 330.9 168.2 (51.6) (70.8) 368.9 77.1 (56.9) (90.3) 404.3 0 0 0 121.7 11.9 (107.6) (115.7) 5.8 (9) (0.6) 4.1
Operating Cash Flow 779 699 1,010 1,070 241 777 1,084 1,090 743 415 (643) 794 68 418 1,217 740 442 523 855 1,105 807 808 1,229 842 588 424 1,204 946 533 323 1,024 924 497 447 854 648 172 238 957 718 719 606 441 261 451 284 840 210 374 307 639.5 488.5 438.4 251.6 694.8 339.4 396.4 693.8 456.4 386.4 303.2 691.8 472.4 370.7 275.6 636.2 428.7 340.7 246 620.9 464.8 228.8 184.1 635.1 344 198 140.2 585.9 307.1 78.7 170.7 536.3 310.4 55.5 194.6 431 313.9 199.9 130
Investing Activities
Capital Expenditure (85) (97) (168) (93) (87) (83) (168) (92) (82) (77) (169) (73) (62) (59) (196) (110) (109) (116) (231) (128) (100) (122) (209) (104) (111) (114) (199) (121) (119) (155) (303) (120) (98) (96) (176) (106) (94) (100) (93) (107) (102) (118) (140) (92) (80) (67) (124) (82) (66) (65) (133) (79) (78.3) (93.7) (144.4) (118.6) (140.9) (236.4) (158.2) (171.8) (125.6) (182.6) (142) (130.2) (136.8) (194.5) (142.9) (152.7) (112.5) (202.3) (146) (113.4) (113.7) (168.7) (126) (112.4) (106.4) (122.6) (115) (105.4) (77.7) (115.3) (84.4) (65.4) (67.2) (96.9) (87) (70.2) (51.5)
Acquisitions 0 0 (1) (73) 1 (37) 0 0 76 (8,339) (720) 0 0 15 (64) (5,000) 2 399 34 0 0 (1,611) (12) (18) (96) 0 (80) (137) (165) (73) (1,455) 2 (271) (278) 1 (2,935) 0 (16) (70) (51) (5) (95) (69) (28) 0 0 (5) 0 0 0 (23.2) (12.5) (5.8) (712.5) (45.7) (15.4) (83.7) (62) (744.5) (1,160.7) (4.6) (78.2) (587.3) (68.5) (468) (363.5) (101.7) 0 0 (279.1) (17.4) (8.1) (14.6) (132) (112.9) (7.1) (47.8) 0.5 (27.7) (133.1) (75.2) (19.5) (16.9) (19.8) (1.9) 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 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 918 0 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 4 (28) (31) (36) (36) (22) 3,372 17 (31) (36) 204 9,521 (90) 2,915 (99) (24) (19) 2 (15) (8) 48 13 (11) (23) (25) (17) (34) (26) (34) (31) (30) (29) (24) (18) (1) (59) 1,127 3,874 (90) (27) 82 (16) (19) (10) 32 1 (1) 4 (7) 42 59.9 64.1 (19.5) 152.5 35.7 128.6 (9.9) 105.1 32 33.4 (1.9) 88 154.8 (28.1) 0.8 43.4 31.8 (112.8) 6.1 45.1 (12) 66.8 (65.9) 207.7 101.7 (23.1) (14) (7.2) (12) (9.2) 57.3 (99) (1.7) (0.4) 305.8 7.5 (4.8) 14.7 (1,205.9)
Investing Cash Flow (81) (125) (200) (202) (122) (142) 3,204 (75) (37) (8,452) (685) 10,366 (152) 2,886 (359) (5,134) (126) 285 (212) (136) (52) (1,720) (232) (145) (232) (131) (313) (284) (318) (259) (1,788) (147) (393) (392) (177) (3,100) 1,033 3,758 (253) (185) (25) (229) (228) (130) (48) (66) (130) (78) (73) (23) (96.3) (27.4) (103.6) (653.7) (154.4) (5.4) (234.5) (193.3) (870.7) (1,299.1) (132.1) (172.8) (574.5) (226.8) (604) (514.6) (212.8) (265.5) (106.4) (436.3) (175.4) (54.7) (194.2) (93) (137.2) (142.6) (168.2) (129.3) (154.7) (247.7) (95.6) (233.8) (103) (85.6) 236.7 (89.4) (91.8) (55.5) (1,257.4)
Financing Activities
Net Debt Issuance (26) 302 (1,162) (265) 6,668 2,647 (2,471) (658) (84) 2,647 (99) (2,765) 170 (548) (1,122) 431 2,243 2,139 (609) 38 (280) 39 179 (546) 1,755 252 (434) (117) 382 1,198 (1,228) 799 (279) 810 (500) 1,091 (4) (251) (638) (11) (2) 57 272 126 (98) 224 (563) 106 26 (72) (540.6) (218.5) (194.9) 692 2.3 (95.6) 81.6 (461.1) 598.2 1,335 221.9 (391.3) 327.4 116.6 664.7 (77) 67.1 76 398.8 (47.3) (19.1) 159.3 221.6 (457.1) (63.5) 34.7 295 (434.2) (67.1) 277.5 158 (314.4) (102.1) 152.4 (185.2) (357.1) (140.2) (69.6) 1,359.1
Stock Repurchased (292) (250) (96) (25) (223) (899) (280) (59) (57) (247) (114) (100) 0 (2,000) (82) (133) (32) (253) (232) (190) (65) (13) 0 0 (813) (129) (250) 0 (214) (786) 0 (250) (250) (500) 0 (280) (120) 0 (46) 0 (48) (242) (217) (10) 0 0 0 0 0 0 (16) 2.7 11.3 (18) (454.6) (41.9) 0 7.9 7.7 (232.5) (159.3) (44) (63.1) (122.3) (94.3) (122) (166.5) (58.5) (152.4) (112.2) (112) (92.9) (59.5) (48.6) (12.3) 0 0 (8.6) 0 0 0 (12.6) 0 0 0 0 0 0 0
Dividends Paid (312) (312) (297) (297) (297) (301) (300) (301) (300) (300) (298) (297) (297) (306) (305) (305) (306) (307) (301) (303) (303) (303) (299) (299) (306) (305) (300) (302) (302) (305) (305) (306) (307) (311) (309) (309) (310) (311) (305) (306) (306) (173) (174) (175) (168) (169) (165) (166) (165) (165) (163) (163.1) (163.1) (162.8) (162.2) (163.7) (164.1) (152.7) (152.6) (153.4) (154.5) (141.1) (141.2) (141.7) (142.4) (129.7) (130.4) (130.7) (130.2) (119.6) (119.8) (120.4) (120.9) (109.7) (109.8) (109.8) (109.8) (110.1) (96.1) (96.1) (96.2) (87.4) (87.4) (87.4) (87.7) (81.1) (81.1) (81) (81)
Other Financing Activities (19) (104) 64 23 (7,239) (2,738) 13 (12) (1) (45) (10) (104) (14) (41) 0 65 (7) 22 11 6 41 42 (26) (11) 19 20 18 (8) 38 (9) 1 40 24 (30) (5) 3 72 (2,358) (6) (8) (158) 6 15 0 0 0 0 0 (1) 1 326 0 (162.5) 35.5 0 0 142.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (14.7) (44.7) 0 3.5 0.2 (46.4) 0 4.5 (39.3) (63.4) 0 0 0 0
Financing Cash Flow (649) (364) (1,491) (564) (1,091) (1,291) (3,038) (1,030) (442) 2,055 (521) (3,266) (141) (2,895) (1,509) 58 1,898 1,601 (1,131) (449) (607) (235) (146) (856) 655 (162) (966) (427) (96) 98 (1,532) 283 (812) (31) (814) 505 (362) (2,920) (995) (325) (514) (352) (91) (59) (256) 66 (724) (57) (138) (234) (719.6) (378.9) (347.5) 512 (614.5) (301.2) (122.8) (605.9) 453.3 949.1 (91.9) (576.4) 123.1 (147.4) 428 (328.7) (229.8) (113.2) 116.2 (279.1) (250.9) (54) 41.2 (615.4) (185.6) (89.8) 140.5 (552.9) (159.7) 181.6 15.4 (414.4) (185) 25.7 (336.3) (453) (219.9) (147.9) 1,280.6
Cash Position
Net Change in Cash 43 204 (675) 332 (947) (754) 1,290 (20) 242 (5,975) (1,906) 7,911 (225) 467 (725) (4,400) 2,203 2,372 (506) 518 145 (1,118) 865 (133) 948 141 (109) 219 136 155 (2,318) 967 (652) 34 (78) (1,899) 888 969 (334) 194 213 (42) 121 139 156 313 (13) 103 169 56 (167) 99.9 (19.3) 111.7 (67.5) 19.6 43.9 (121.7) 29.1 33.9 73.4 (66.7) 27.2 (16.1) 112 (204) (12.8) (37.7) 243.1 (104.3) 41.2 102.3 32.9 (64.1) 18.5 (33.3) 110.6 (95.9) (2.8) 16 86.7 (106.1) 28.3 (3.6) 92.8 (116.3) 1.6 (5.9) 142.3
Cash at Beginning 1,748 1,544 2,219 1,887 2,834 3,588 2,298 2,318 2,076 8,051 9,957 2,046 2,271 1,804 2,529 6,929 4,726 2,354 2,860 2,342 2,197 3,315 2,450 2,583 1,635 1,494 1,603 1,384 1,248 1,093 3,411 2,444 3,096 3,062 3,140 5,039 4,151 3,182 3,516 3,322 3,109 1,606 1,485 1,346 1,009 696 709 606 437 381 548 448.1 467.4 355.7 423.2 403.6 359.7 402.5 373.4 339.5 266.1 332.8 305.6 321.7 209.7 413.7 426.5 464.2 221.1 325.4 284.2 181.9 149 213.1 194.6 227.9 117.3 213.2 216 200 113.3 219.4 191.1 194.7 101.9 0 0 0 80.2
Cash at End 1,791 1,748 1,544 2,219 1,887 2,834 3,588 2,298 2,318 2,076 8,051 9,957 2,046 2,271 1,804 2,529 6,929 4,726 2,354 2,860 2,342 2,197 3,315 2,450 2,583 1,635 1,494 1,603 1,384 1,248 1,093 3,411 2,444 3,096 3,062 3,140 5,039 4,151 3,182 3,516 3,322 1,564 1,606 1,485 1,165 1,009 696 709 606 437 381 548 448.1 467.4 355.7 423.2 403.6 280.8 402.5 373.4 339.5 266.1 332.8 305.6 321.7 209.7 413.7 426.5 464.2 221.1 325.4 284.2 181.9 149 213.1 194.6 227.9 117.3 213.2 216 200 113.3 219.4 191.1 194.7 (116.3) 1.6 (5.9) 222.5
Free Cash Flow 694 602 842 977 154 694 916 998 661 338 (812) 721 6 359 1,021 630 333 407 624 977 707 686 1,020 738 477 310 1,005 825 414 168 721 804 399 351 678 542 78 138 864 611 617 488 301 169 371 217 716 128 308 242 506.5 409.5 360.1 157.9 550.4 220.8 255.5 457.4 298.2 214.6 177.6 509.2 330.4 240.5 138.8 441.7 285.8 188 133.5 418.6 318.8 115.4 70.4 466.4 218 85.6 33.8 463.3 192.1 (26.7) 93 421 226 (9.9) 127.4 334.1 226.9 129.7 78.5
Key Metrics 2026 Q2 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 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 4,562 4,346 4,855 4,553 4,432 4,175 4,619 4,380 4,376 4,117 4,090 3,946 3,756 3,373 5,360 3,465 3,291 3,156 4,947 4,697 4,431 4,161 4,558 3,914 4,162 4,151 4,971 4,684 4,570 4,147 4,888 4,456 4,248 3,816 4,435 4,039 3,574 3,216 (245) 3,674 3,579 5,814 5,503 5,400 5,587 6,807 6,312 5,812 5,606 6,812 6,344 5,960 5,553 6,700 6,484 5,919 5,309 6,545 6,288 5,854 5,535 5,243 5,417 4,953 4,828 5,322 5,091 5,087 5,415 6,696 6,568 6,023 5,520 6,134 5,874 5,394 5,051 5,516 5,217 4,852 4,548 4,643 4,465 4,227 3,970 4,120 4,036 3,859 3,600 3,694 3,465 3,537.7 3,420.8 3,551.9 4,103.3 3,919.5 4,065 4,041.8 3,894.7 3,543.3
Gross Profit 2,422 2,311 2,519 2,393 2,371 2,235 2,371 2,314 2,284 1,916 2,012 1,994 1,801 1,620 2,317 1,586 1,476 1,415 1,996 1,982 1,862 1,723 1,882 1,618 1,750 1,759 2,128 2,001 1,925 1,761 2,065 1,942 1,817 1,614 1,804 1,678 1,557 1,365 285 1,593 1,542 2,368 2,234 2,166 2,280 2,889 2,638 2,395 2,236 2,804 2,568 2,373 2,207 2,749 2,628 2,336 2,055 2,590 2,498 2,306 2,163 2,212 2,164 1,963 1,868 2,028 1,838 1,837 1,996 2,474 2,413 2,242 2,010 2,259 2,105 1,939 1,795 1,985 1,856 1,734 1,593 1,669 1,600 1,502 1,412 1,489 1,439 1,356 1,282 1,294 1,211 1,234.7 1,188.7 1,157.7 1,450.8 1,388 1,457.2 1,436.7 1,552.5 1,418
Operating Income 901 864 982 908 859 782 790 796 715 365 773 832 682 472 1,047 599 531 535 774 838 734 647 869 591 756 564 958 830 733 627 828 837 731 563 748 706 668 521 570 719 642 1,007 870 751 811 1,371 1,148 922 722 1,305 1,086 877 738 1,364 1,188 889 620 1,517 1,135 991 852 866 927 668 734 720 618 607 724 1,152 1,072 968 826 1,002 929 814 703 863 806 729 643 718 685 609 540 608 615 549 492 541 480 473.4 464.4 (319.6) 660.8 614 681.8 669.4 637.1 552.6
Net Income 618 605 636 586 485 585 996 329 501 142 744 9,352 792 2,331 740 921 674 896 670 627 561 445 723 399 517 326 717 604 520 465 617 712 482 392 504 413 292 309 438 479 369 648 564 973 525 410 728 547 462 795 194 561 454 282 770 545 371 761 683 556 480 749 585 405 425 506 387 373 458 688 612 547 565 623 574 494 445 526 486 434 399 419 358 348 297 354 341 318 244 276 246 248.7 274.7 (14.7) 358.7 357.4 371 373.7 352.8 324.9
EPS (Diluted) 1.10 1.07 1.12 1.04 0.86 1.02 1.73 0.57 0.87 0.25 1.22 1.12 0.92 0.56 0.82 0.38 0.72 1.25 1.12 1.04 0.93 0.74 1.20 0.67 0.85 0.53 1.16 0.97 0.84 0.74 0.98 1.12 0.76 0.61 0.79 0.62 0.43 0.35 0.68 0.74 0.57 0.98 0.84 1.42 0.75 0.58 1.03 0.77 0.65 1.10 0.27 0.77 0.62 0.38 1.04 0.74 0.50 1.01 0.90 0.73 0.63 0.99 0.77 0.53 0.56 0.67 0.51 0.49 0.60 0.87 0.78 0.69 0.71 0.78 0.72 0.61 0.55 0.64 0.59 0.52 0.48 0.50 0.43 0.42 0.35 0.42 0.41 0.38 0.29 0.33 0.28 0.30 0.33 -0.02 0.42 0.42 0.43 0.44 0.41 0.38
Balance Sheet
Cash & Equivalents 1,791 1,748 1,544 2,219 1,887 2,834 3,588 2,298 2,318 2,076 8,051 9,957 2,046 2,271 1,804 2,529 6,929 4,726 2,354 2,860 2,342 2,197 3,315 2,450 2,583 1,635 1,494 1,603 1,384 1,248 1,093 3,411 2,444 3,096 3,062 3,140 5,039 4,151 3,182 3,516 3,322 2,159 0.0 1,560 1,507 1,668 1,331 1,165 1,009 696 606 437 381 548 423.2 403.6 359.7 280.8 402.5 373.4 339.5 266.1 332.8 305.6 321.7 209.7 413.7 426.5 464.2 221.1 325.4 284.2 181.9 149 213.1 194.6 227.9 117.3 213.2 216 200 113.3 219.4 191.1 194.7 101.9 218.2 216.6 222.5
Total Assets 42,088 41,939 41,964 42,517 41,978 42,610 44,246 45,585 46,440 46,513 42,746 44,173 36,147 36,241 35,672 37,042 29,497 26,959 24,715 24,484 23,800 23,678 22,882 21,730 21,711 21,101 20,497 21,317 21,071 20,429 20,390 20,487 19,785 19,858 19,589 19,402 17,277 17,471 21,743 22,082 21,764 21,720 0.0 19,763 19,991 20,522 20,075 16,021 15,707 15,194 14,804 14,495 14,545 14,896.9 15,477.4 15,737.3 15,513.9 15,164.3 15,314.2 14,942.6 13,629.2 13,623.5 13,534 13,255.8 13,161.6 12,659.8 12,328.7 12,110.6 11,917.5 11,463.3 11,096.5 10,919.5 10,696.4 10,481 10,445.6 10,376.8 9,733.2 9,399 9,667.2 9,423.3 8,728.3 8,215 8,187.9 7,960.9 7,778.2 7,814.5 8,086.3 8,057.7 8,021
Total Debt 13,359 13,920 13,759 14,869 14,851 7,623 8,356 10,766 11,435 11,481 8,561 8,815 10,570 10,388 10,686 12,132 11,498 9,306 7,078 7,830 7,818 8,159 7,859 7,225 7,701 6,002 5,721 6,213 6,337 5,961 4,760 5,988 5,190 5,468 4,656 5,160 4,068 4,069 6,635 7,282 7,294 5,850 5,798 4,575 5,418 5,276 4,577 4,260 4,380 4,124 4,531 4,503 4,550 5,093.3 4,670.8 4,800.6 4,725.8 4,600.4 5,106.5 4,826.7 3,466.1 3,270.8 3,634.8 3,332.3 3,252.5 2,581 2,604.8 2,522.9 2,420.2 2,015.8 2,080 2,092.7 1,974.4 1,739.6 2,188.9 2,272.6 1,886.5 1,595.7 1,994.1 2,051.1 1,628.7 1,203.2 1,500.7 1,568.8 1,422.6 1,621.9 1,982.8 2,117.9 2,203.2
Stockholders' Equity 20,303 20,292 20,282 19,870 19,249 20,490 21,636 20,799 20,900 20,674 20,689 20,464 11,360 10,727 10,364 10,315 10,575 10,249 9,883 9,291 9,130 8,895 8,405 7,831 7,517 8,421 8,233 8,755 8,526 8,236 8,947 8,413 8,492 8,349 8,718 7,966 8,006 7,713 7,568 7,901 7,692 8,855 8,791 8,555 8,212 8,402 8,703 7,005 6,726 6,460 6,039 5,880 5,741 5,656.8 6,709.6 6,680.5 6,564.4 6,402.8 6,280.2 6,130 6,188.8 6,180.5 6,048.9 5,947.1 5,971.9 5,803.3 5,772 5,730.9 5,649.6 5,420.7 5,520.2 5,417.6 5,494.9 5,353.4 5,210.8 5,092.7 4,992.1 4,870.8 4,796.7 4,544.6 4,425.4 4,341.8 4,188.3 4,042.1 3,945.1 3,915.1 3,912.5 3,790 3,723.4
Cash Flow
Operating Cash Flow 779 699 1,010 1,070 241 777 1,084 1,090 743 415 (643) 794 68 418 1,217 740 442 523 855 1,105 807 808 1,229 842 588 424 1,204 946 533 323 1,024 924 497 447 854 648 172 238 957 718 719 606 441 261 451 284 840 210 374 307 639.5 488.5 438.4 251.6 694.8 339.4 396.4 693.8 456.4 386.4 303.2 691.8 472.4 370.7 275.6 636.2 428.7 340.7 246 620.9 464.8 228.8 184.1 635.1 344 198 140.2 585.9 307.1 78.7 170.7 536.3 310.4 55.5 194.6 431 313.9 199.9 130
Capital Expenditure (85) (97) (168) (93) (87) (83) (168) (92) (82) (77) (169) (73) (62) (59) (196) (110) (109) (116) (231) (128) (100) (122) (209) (104) (111) (114) (199) (121) (119) (155) (303) (120) (98) (96) (176) (106) (94) (100) (93) (107) (102) (118) (140) (92) (80) (67) (124) (82) (66) (65) (133) (79) (78.3) (93.7) (144.4) (118.6) (140.9) (236.4) (158.2) (171.8) (125.6) (182.6) (142) (130.2) (136.8) (194.5) (142.9) (152.7) (112.5) (202.3) (146) (113.4) (113.7) (168.7) (126) (112.4) (106.4) (122.6) (115) (105.4) (77.7) (115.3) (84.4) (65.4) (67.2) (96.9) (87) (70.2) (51.5)
Free Cash Flow 694 602 842 977 154 694 916 998 661 338 (812) 721 6 359 1,021 630 333 407 624 977 707 686 1,020 738 477 310 1,005 825 414 168 721 804 399 351 678 542 78 138 864 611 617 488 301 169 371 217 716 128 308 242 506.5 409.5 360.1 157.9 550.4 220.8 255.5 457.4 298.2 214.6 177.6 509.2 330.4 240.5 138.8 441.7 285.8 188 133.5 418.6 318.8 115.4 70.4 466.4 218 85.6 33.8 463.3 192.1 (26.7) 93 421 226 (9.9) 127.4 334.1 226.9 129.7 78.5