Equinix, Inc. logo EQIX - Equinix, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 38
HOLD 12
SELL 1
STRONG
SELL
0
| PRICE TARGET: $1,136.87 DETAILS
HIGH: $1,250.00
LOW: $894.00
MEDIAN: $1,173.00
CONSENSUS: $1,136.87
UPSIDE: 1.88%
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 2,444 2,442 2,316 2,256 2,225 2,261 2,201 2,159 2,127 2,110.5 2,061.0 2,018.4 1,998.2 1,870.8 1,840.7 1,817.2 1,734.4 1,706.4 1,675.2 1,657.9 1,596.1 1,564.1 1,519.8 1,470.1 1,444.5 1,417.1 1,396.8 1,385.0 1,363.2 1,310.1 1,283.8 1,261.9 1,215.9 1,200.2 1,152.3 1,066.4 949.5 942.6 924.7 900.5 844.2 730.5 686.6 665.6 643.2 638.1 620.4 605.2 580.1 564.7 540.5 525.7 519.5 506.5 488.7 466.3 452.2 431.3 417.6 394.9 363.0 345.2 330.3 296.1 248.6 242.6 227.6 213.2 199.2 190.7 183.7 172.0 158.2 138.7 103.8 91.8 85.1 79.8 73.7 68.5 64.9 61.8 58.1 52.5 48.7 45.0 42.4 39.4 36.8 33.2 30.9 28.4 25.4 18.8 20.2 18.0 20.2 17.5 17.2 16.2 12.6 8.1 3.9 0.9 0.1
Cost of Revenue 1,186 1,198 1,142 1,084 1,084 1,196 1,098 1,082 1,091 1,091.8 1,069 1,061 1,006 970.7 934.7 930.3 915.9 910.4 885.6 865.1 811.2 830.7 768.0 739.3 736.3 725.6 704.3 698.2 682.0 670.9 660.3 651.8 622.4 619.6 582.4 522.2 469.0 465.9 470.3 457.0 427.7 352.0 325.5 315.8 298.3 313.4 304.1 292.9 287.5 269.7 269.0 267.1 258.6 250.1 250.9 225.3 217.1 229.3 219.7 215.6 194.6 193.6 185.5 162.6 133.1 127.1 126.0 118.5 111.8 108.3 109.9 102.0 94.5 92.5 62.9 55.6 52.8 50.3 49.1 45.6 43.3 41.7 41.0 38.8 36.9 34.7 34.3 34.1 33.8 32.6 33.3 31.6 30.6 25.5 26.2 27.0 25.4 20.3 24.6 26.3 3.2 (1.4) (1.6) (2.7) (2.9)
Gross Profit 1,258 1,244 1,174 1,172 1,141 1,065 1,103 1,077 1,036 1,018.7 992 958 992 900.1 906.0 886.9 818.6 795.9 789.5 792.8 784.8 733.4 751.8 730.8 708.3 691.5 692.5 686.8 681.2 639.1 623.4 610.1 593.4 580.6 569.9 544.2 480.6 476.7 454.4 443.5 416.5 378.5 361.2 349.8 344.9 324.7 316.4 312.3 292.5 294.9 274.1 261.8 257.5 256.4 233.9 232.0 226.1 202.0 188.5 179.3 168.5 151.7 144.9 133.5 115.6 115.5 101.6 94.6 87.4 82.4 73.8 70.0 63.7 46.2 40.9 36.2 32.3 29.4 24.6 23.0 21.5 20.1 17.1 13.7 11.8 10.3 8.1 5.3 3.0 0.6 (2.4) (3.2) (5.2) (6.7) (6.0) (8.9) (5.3) (2.8) (7.4) (10.2) 9.4 9.5 5.5 3.5 3.0
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 0 0 0 0 0
SG&A Expenses 685 718 689 672 667 660 671 656 670 666.5 616 622 605 607.4 568.6 564.1 545.2 533.5 517.6 507.6 484.3 480.2 452.1 435.0 442.0 406.1 403.4 391.9 384.8 367.9 364.8 364.7 362.9 341.4 343.0 332.9 310.3 292.3 292.2 276.3 272.5 225.3 206.9 200.8 192.3 194.9 181.5 186.9 170.7 165.7 158.5 148.1 149.1 142.6 136.5 128.2 124.7 117.0 108.8 102.7 96.2 96.3 89.8 83.1 62.6 60.9 54.6 53.8 49.6 55.5 51.5 56.7 49.7 46.8 34.8 33.4 31.5 28.1 26.1 26.2 24.3 17.3 16.9 16.2 15.3 13.1 12.7 12.4 12.9 13.2 11.9 13.0 15.6 11.0 11.0 12.9 10.9 14.9 16.6 19.8 23.9 24.9 21.5 20.1 10.8
Other Expenses (4) 104 11 6 16 302 7 (15) 2 5.8 (5) 4 3 10.5 4.3 5.0 6.1 12.7 (10.2) 6.5 2.9 24.6 11.4 13.3 12.7 (27.5) 3.7 3.2 16.9 0.5 (7.1) 30.4 4.6 7.1 2.1 26.4 3.0 (0.1) (7.7) 15.6 31.3 17.3 13.4 9.9 1.2 1.9 (0.3) 0.7 0.2 4.2 0.4 (2.3) 3.7 11.8 4.5 1.7 0.7 2.1 2.3 1.7 0.9 0.9 3 10.2 5.0 3.8 1.4 (0.2) (5.8) 2.3 0.8 0 0 (1.3) 0 0.4 0 (9.6) 1.5 0 0 33.8 0 0 0 17.7 0 0 0 0 0 0 0 (0.1) 19.0 9.9 0 0 48.6 0 20.5 23.2 14.0 8.0 6.2
Operating Expenses 681 822 700 678 683 962 678 641 672 672.3 611 626 608 617.9 572.8 569.0 551.3 546.2 507.4 514.1 487.2 504.8 463.4 448.3 454.8 378.5 407.1 395.0 401.7 368.4 357.7 395.1 367.6 348.6 345.0 359.3 313.4 292.3 284.4 291.9 303.8 242.6 220.3 210.7 193.4 196.8 181.3 187.6 170.9 169.9 158.9 145.8 152.8 154.4 141.0 129.9 125.4 119.1 111.0 104.5 97.1 97.2 92.8 93.3 67.6 64.7 56.0 53.6 43.7 57.8 52.3 56.7 49.7 45.5 34.8 33.8 31.5 18.4 27.7 26.2 24.3 51.1 16.9 16.2 15.3 30.7 12.7 12.4 12.9 13.2 11.9 13.0 15.6 10.9 30.1 22.9 10.9 14.9 65.2 19.8 44.4 48.2 35.5 28.1 17.0
Operating Income
Operating Income 577 422 474 494 458 103 425 436 364 346.4 381 332 384 282.2 333.2 317.9 267.3 249.7 282.1 278.7 297.7 228.6 288.4 282.5 253.5 313.0 285.4 291.8 279.5 270.7 265.8 215.0 225.9 232.0 224.9 184.9 167.2 184.5 169.9 151.7 112.7 135.9 140.9 139.1 151.4 127.8 135.1 124.7 121.6 125.0 115.2 116.0 104.8 102.0 92.8 102.1 100.7 82.9 77.4 74.9 71.3 54.5 52.0 40.2 48.0 50.8 45.6 41.0 43.7 24.6 21.5 13.3 14.0 0.8 6.1 2.4 0.8 11.0 (3.1) (3.2) (2.8) (31.0) 0.2 (2.5) (3.5) (20.5) (4.6) (7.2) (9.8) (12.6) (14.3) (16.2) (20.8) (17.6) (36.1) (31.8) (16.2) (17.8) (72.6) (29.9) (35.0) (38.7) (29.9) (24.5) (14.0)
Interest Expense 148 151 128 135 122 126 117 110 104 103.2 102 100 97 94.2 91.3 90.8 80.0 80.2 78.9 87.2 89.7 90.9 99.7 108.5 107.3 117.6 118.7 120.5 122.8 130.0 130.6 134.7 126.3 126.1 121.8 119.0 111.7 98.8 92.2 100.3 100.9 79.5 76.3 74.5 68.8 71.1 63.8 66.9 68.8 65.5 62.0 61.0 60.3 50.5 50.2 46.8 52.8 55.2 51.1 37.7 37.4 38.8 38.4 37.6 25.7 22.6 22.3 15.9 13.5 0 15.7 14.3 15.2 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
Interest Income 41 41 53 52 47 49 35 29 24 28.2 23 24 19 18.5 11.2 4.5 2.1 1.1 0.4 0.4 0.7 1.2 1.5 1.7 4.3 7.5 8.2 7.8 4.2 3.0 2.9 4.0 4.6 3.3 2.3 4.4 3.1 0.9 0.8 0.8 0.9 1.2 0.9 0.9 0.5 0.4 0.4 0.7 1.4 0.8 0.9 0.9 0.7 0.8 1.1 1.0 0.7 0.8 0.7 0.6 0.2 0.2 0.3 0.5 0.5 0.4 0.4 0.7 0.9 0 2.0 2.4 3.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,121 1,077 1,064 1,039 993 624 963 947 907 836.9 861 806 868 709.3 767.9 749.0 695.7 671.4 703.1 553.4 673.4 561.4 557.2 635.2 592.4 610.6 619.2 630.9 596.3 572.9 579.6 516.0 513.5 512.6 482.3 429.0 384.1 391.7 378.6 365.5 253.4 232.3 261.4 268.8 273.1 151.3 257.4 190.6 237.7 219.2 226.9 135.2 212.2 205.5 195.9 196.8 194.1 178.4 167.2 161.7 152.0 125.3 127.5 100.5 97.2 92.5 92.9 89.2 82.2 72.3 63.0 53.1 54.9 36.9 30.2 25.3 21.4 30.8 1.1 30.9 14.1 24.7 17.6 15.7 14.0 18.5 9.8 7.5 5.7 11.9 1.4 0.3 (3.1) (0.3) (0.1) (6.2) 0.7 (0.2) (6.5) (9.6) (14.5) (15.5) (15.9) (14.8) (7.8)
EBIT 577 526 527 540 514 126 467 458 381 373.5 398 344 411 271.9 337.7 315.7 260.4 245.3 284.2 137.2 278.4 183.2 196.5 286.6 256.5 280.1 297.3 311.7 283.2 266.1 273.9 208.6 205.9 220.3 203.9 174.2 167.1 181.9 163.7 153.4 52.9 88.2 129.0 141.4 151.5 19.3 137.3 74.9 123.7 112.8 117.1 26.0 105.1 102.1 89.2 101.2 101.3 85.0 76.4 76.5 73.6 49.8 54.2 37.8 48.6 50.0 48.4 44.3 40.5 32.5 21.4 14.8 19.5 0.8 6.1 2.9 0.8 11.0 (1.5) (3.2) (2.8) 2.8 0.2 (2.5) (3.5) (2.8) (4.6) (7.2) (9.8) (12.6) (14.3) (16.2) (20.8) (17.7) (17.1) (21.9) (16.2) (17.8) (24.0) (29.9) (35.0) (38.7) (29.9) (24.5) (14.0)
Income Before Tax 471 312 399 405 392 0 350 348 277 270.3 296 244 314 177.7 246.3 224.9 180.4 165.0 205.2 50.0 188.7 92.2 96.7 178.1 149.1 162.5 178.6 191.2 160.3 136.1 143.3 74.0 79.7 94.2 82.1 55.1 55.5 83.2 71.5 53.1 (48.0) 8.7 52.7 66.9 82.7 (51.8) 73.5 8.1 54.9 47.3 55.1 (35.0) 44.7 51.6 39.0 54.4 48.5 29.9 25.3 38.8 36.3 11.0 15.8 0.2 22.9 27.4 26.1 28.4 27.1 11.6 5.7 0.5 4.3 (6.4) 4.3 1.4 (4.1) 8.7 (4.9) (5.1) (5.1) (32.6) (0.6) (3.5) (5.3) (22.7) (6.6) (9.2) (29.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax Expense 56 48 25 38 49 14 54 47 46 42.8 20 37 55 48.8 34.6 8.6 32.7 41.9 53.2 (18.5) 32.6 41.3 29.9 44.8 30.2 37.6 57.8 47.3 42.6 26.1 18.5 6.4 16.8 28.9 2.2 9.3 13.4 19.5 22.8 13.8 (10.6) (2.1) 11.6 7.5 6.2 303.3 30.6 (2.0) 13.6 2.0 12.4 (9.7) 11.5 17.3 12.3 17.1 13.9 13.8 5.1 8.1 11.1 (2.8) 4.6 2.4 8.7 9.7 7.3 11.0 11.6 (104.9) 0.2 (0.3) 0.5 (0.3) 0.2 0.2 0.4 (0.4) 0.3 0.2 0.4 (0.0) 0.2 (0.1) 0.5 (0.0) 0 0.0 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income 415 265 374 368 343 (14) 297 301 231 227.6 275.8 207 259 128.8 211.8 216.3 147.5 123.3 152.2 68.3 156.4 51.0 66.7 133.3 118.8 125.0 120.8 143.5 118.1 110.0 124.8 67.6 62.9 65.2 79.9 45.8 42.1 61.8 51.5 44.7 (31.1) 10.7 41.1 59.5 76.5 (355.1) 42.8 11.3 41.4 45.2 36.6 (28.7) 35.9 44.9 28.8 36.4 34.5 17.8 20.3 30.7 25.1 13.8 11.2 (2.3) 14.2 17.7 18.8 17.4 15.5 116.5 7.4 2.2 5.4 (6.1) 4.1 1.2 (4.5) 9.1 (5.2) (5.3) (5.1) (32.6) (0.8) (3.4) (5.8) (22.7) (6.6) (9.2) (30.1) (17.7) (19.7) (21.2) (25.6) 60.7 (44.1) (24.6) (13.7) (27.4) (81.6) (37.9) (41.5) (42.9) (32.1) (26.8) (18.0)
Per Share Data
EPS (Basic) 4.22 2.70 3.82 3.76 3.52 -0.14 3.11 3.16 2.44 2.41 2.94 2.21 2.78 1.39 2.30 2.38 1.62 1.37 1.69 0.76 1.75 0.57 0.75 1.53 1.39 1.47 1.42 1.70 1.44 1.37 1.56 0.85 0.79 0.83 1.02 0.59 0.58 0.86 0.73 0.64 -0.46 0.18 0.72 1.04 1.35 -6.51 0.81 0.22 0.83 0.91 0.86 -0.58 0.67 0.92 0.56 0.76 0.74 0.38 0.21 0.65 0.54 0.30 0.24 -0.05 0.36 0.46 0.49 0.46 0.41 3.15 0.15 0.02 0.10 -0.19 0.13 0.04 -0.15 0.32 -0.18 -0.19 -0.18 -1.35 -0.03 -0.14 -0.26 -1.23 -0.36 -0.51 -2.00 -1.90 -2.12 -2.44 -3.00 19.30 -14.01 -7.94 -5.15 -11.09 -32.97 -15.49 -17.37 -30.09 -22.51 -83.64 -76.67
EPS (Diluted) 4.20 2.69 3.81 3.75 3.50 -0.14 3.10 3.16 2.43 2.40 2.93 2.21 2.77 1.39 2.30 2.37 1.62 1.36 1.68 0.76 1.74 0.57 0.74 1.52 1.38 1.46 1.41 1.69 1.44 1.36 1.55 0.85 0.79 0.82 1.02 0.58 0.57 0.86 0.72 0.64 -0.46 0.18 0.71 1.03 1.34 -6.42 0.79 0.22 0.81 0.88 0.83 -0.58 0.65 0.88 0.54 0.73 0.71 0.38 0.20 0.64 0.53 0.30 0.24 -0.05 0.35 0.46 0.47 0.44 0.40 3.15 0.15 0.02 0.10 -0.19 0.12 0.04 -0.15 0.32 -0.18 -0.19 -0.18 -1.35 -0.03 -0.14 -0.26 -1.23 -0.36 -0.51 -2.00 -1.90 -2.12 -2.44 -3.00 19.30 -14.01 -7.94 -5.15 -11.09 -32.97 -15.49 -17.37 -30.09 -22.51 -20.45 -76.67
Shares Outstanding 98.4 98.2 98.0 97.8 97.5 96.8 95.4 95.2 94.7 94.3 93.7 93.5 93.0 92.6 91.9 91.0 90.8 90.2 89.9 89.6 89.3 89.1 88.8 87.3 85.6 85.3 85.0 84.4 81.8 80.5 79.9 79.5 79.2 78.5 78.1 77.9 72.8 71.4 71.2 69.7 67.9 60.4 57.1 56.9 56.7 54.5 53.1 51.3 49.6 49.8 49.6 49.4 49.0 48.7 48.4 48.0 47.0 47.2 47.2 46.9 46.5 45.7 45.7 43.5 39.6 38.8 38.8 38.2 37.9 37.0 37.3 37.0 36.3 31.7 31.7 31.1 29.7 28.7 28.7 28.5 27.8 24.1 24.1 23.7 21.9 18.4 18.4 18.2 15.1 9.3 9.3 8.7 8.5 3.1 3.1 3.1 2.7 2.5 2.5 2.4 2.4 1.4 1.4 0.3 0.2
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Current Assets
Cash & Cash Equivalents 1,362 1,727 2,077 3,660 2,950 3,081 2,776 1,993 1,527 2,096 2,357.5 2,342.2 2,642.6 1,906.4 2,500.8 1,891.3 1,695.3 1,536.4 1,379.1 1,799.7 1,753.0 1,604.9 2,645.0 4,785.1 1,171.3 1,869.6 1,402.4 1,613.5 1,633.8 606.2 870.5 966.3 2,023.8 1,412.5 1,600.0 1,063.8 4,923.3 748.5 987.9 483.2 633.8 2,228.8 335.5 336.1 536.7 610.9 354.2 408.3 495.2 261.9 399.7 517.5 685.0 252.2 239.7 654.1 632.9 278.8 370.5 297.9 304.5 442.8 389.1 511.3 1,039.3 346.1 283.1 405.2 222.0 220.2 160.7 151.1 260.8 290.6 343.5 234.6 327.7 82.6 84.6 77.3 81.1 119.3 42.6 67.1 44.2 25.9 42.6 51.6 68.8 26.9 21.7 24.3 21.0 41.2 9.3 16.8 33.8 58.8 84.7 124.0 165.9 174.8 273.9 148.9 187.7
Short-Term Investments 1,692 1,500 854 872 723 527 451 0 0 0 0 0 0 0 0 0 0 0 0 0 4.2 4.5 14.2 22.1 25.8 10.4 19.6 17.2 13.8 4.5 15.4 18.2 27.0 28.3 29.6 4.2 14.7 3.4 0.4 3.3 12.4 12.9 0 95.4 522.3 529.4 130.9 207.3 322.4 369.8 346.0 323.5 233.3 166.5 164.8 115.5 283.9 635.7 700.2 94.2 150.0 147.2 323.0 206.1 140.6 248.5 326.2 175.9 29.7 42.1 101.9 65.0 37.7 63.3 64.0 67.7 53.8 48.8 61.3 53.5 62.7 52.1 41.2 41.0 46.4 64.5 55.0 40.8 19.8 46.1 3.5 0 0 0 2.3 6.5 21.4 28.9 81.2 106.7 80.4 32.4 36.7 10.4 5.9
Net Receivables 1,108 1,001 1,144 1,137 1,089 1,380 1,123 1,124 1,079 1,303 1,030.7 1,006.1 913.4 1,115.1 778.9 812.8 780.4 934.5 792.1 726.4 684.6 676.7 705.5 691.6 687.2 735.5 746.6 752.7 703.8 750.8 662.4 616.5 645.5 695.1 597.2 545.7 430.0 545.1 377.5 347.0 326.4 327.9 293.1 293.9 277.9 282.0 312.5 286.7 226.0 210.6 215.4 218.1 199.3 176.1 182.0 169.8 158.6 166.4 144.2 152.8 135.5 116.4 120.5 115.6 78.7 64.8 74.7 76.3 62.5 71.1 67.7 63.1 59.2 63.5 61.0 28.1 27.8 26.9 24.1 23.3 18.5 17.2 16.2 15.7 14.2 11.9 12.9 12.6 10.1 10.2 9.4 10.0 10.7 9.2 6.7 6.4 8.1 6.9 8.2 6.3 6.4 4.9 5.4 2.3 0.3
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Assets 1,184 897 891 881 743 368 705 612 561 69 497.2 395.7 437.2 204.5 737.4 585.9 587.1 421.0 728.2 622.0 407.9 261.6 679.3 482.7 435.8 247.6 684.7 605.1 274.3 83.8 258.7 249.8 247.2 48.4 217.0 235.9 206.0 91.3 294.6 1,261.9 1,195.8 641.4 613.4 604.7 102.6 39.2 32.2 20.8 19.2 19.8 18.9 17.9 864.2 23.9 138.7 70.2 98.6 135.4 115.3 88.2 88.8 71.7 41.4 44.0 43.3 58.3 16.9 20.5 28.3 36.5 2.2 0 0 2.3 3.7 0 0 3.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.0 0.0 0.0 2.3 0.0 4.7 0.5 28.7 25.8 30.3 28.5 28.8
Total Current Assets 5,346 5,125 4,966 6,550 5,505 5,447 5,055 3,729 3,167 3,568 3,885.4 3,744.0 3,993.1 3,305.3 4,017.1 3,289.9 3,062.8 2,957.1 2,899.4 3,148.1 2,849.7 2,609.2 4,044.0 5,981.4 2,320.1 2,872.6 2,853.3 2,988.5 2,625.8 1,515.7 1,807.0 1,850.8 2,943.5 2,249.1 2,443.8 1,849.6 5,574.0 1,467.5 1,660.5 2,095.4 2,168.3 3,259.3 1,242.0 1,330.1 1,439.5 1,490.9 857.7 954.5 1,086.0 888.7 1,004.8 1,097.6 2,005.9 640.1 725.2 1,009.6 1,174.0 1,235.8 1,330.3 649.1 695.0 778.0 891.8 888.2 1,313.6 727.9 714.1 689.5 357.1 379.5 342.7 293.7 374.2 426.8 483.1 340.1 418.8 166.3 176.1 159.7 166.9 191.7 103.3 126.3 107.2 107.1 113.7 106.6 100.9 86.3 41.2 40.5 40.3 63.5 29.3 33.1 74.4 103.2 187.0 246.4 281.3 238.0 346.3 190.1 222.7
Non-Current Assets
Property, Plant & Equipment 25,514 25,131 23,336 22,688 21,494 20,668 21,152 19,993 19,906 20,050 18,886.6 18,796.3 18,317.5 18,077.5 16,517.8 16,908.4 16,747.2 16,728.2 16,632.9 16,515.7 16,174.5 15,978.1 14,546.9 14,059.9 13,591.8 13,628.0 12,712.7 12,461.1 12,356.0 11,026.0 10,682.8 10,378.9 9,696.7 9,394.6 9,006.2 8,746.6 7,605.8 7,199.2 7,251.4 6,958.8 6,888.2 5,606.4 5,218.6 5,184.8 4,990.9 4,998.3 4,983.4 4,924.2 4,766.3 4,591.6 4,381.0 4,103.3 3,890.2 3,915.7 3,791.1 3,525.8 3,387.4 3,225.9 3,122.1 3,085.2 2,881.1 2,651.0 2,582.9 2,400.8 1,874.3 1,808.1 1,703.0 1,590.8 1,512.9 1,492.8 1,347.0 1,331.0 1,284.4 1,162.7 1,069.1 760.2 593.6 546.4 499.9 471.8 449.2 438.8 371.0 345.1 351.0 343.4 318.2 324.5 334.3 343.6 347.8 360.9 373.9 390.0 386.7 399.7 417.6 325.2 418.3 425.2 342.0 315.4 196.0 237.7 53.4
Goodwill 5,931 5,984 5,945 5,982 5,633 5,504 5,768 5,622 5,621 5,737 5,589.1 5,732.0 5,712.1 5,654.2 5,393.7 5,585.3 5,316.1 5,372.1 5,401.7 5,411.1 5,387.6 5,472.6 5,125.2 5,016.4 4,927.5 4,781.9 4,648.9 4,768.9 4,808.1 4,836.4 4,852.5 4,870.3 4,485.2 4,411.8 4,226.5 4,225.6 3,053.0 2,986.1 3,118.7 3,190.2 3,337.0 1,063.2 983.5 1,007.7 984.4 1,002.1 1,024.6 1,058.4 1,047.6 1,042.2 1,036.2 1,012.1 1,018.8 1,042.6 1,043.3 863.2 879.9 866.5 867.3 897.5 789.9 774.4 778.3 760.1 359.3 381.1 377.6 382.1 335.3 342.8 411.1 458.8 461.3 442.9 430.3 16.9 17.1 16.9 22.7 22.7 22.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 1,258 1,316 1,331 1,389 1,388 1,417 1,544 1,573 1,624 1,705 1,730.5 1,807.5 1,859.7 1,897.6 1,892.8 1,982.4 1,877.5 1,935.3 1,994.0 2,047.5 2,092.3 2,170.9 2,047.1 2,074.7 2,108.5 2,102.4 2,127.8 2,204.4 2,243.1 2,333.3 2,383.4 2,440.1 2,356.6 2,385.0 2,335.2 2,382.2 710.7 719.2 803.3 789.0 867.5 224.6 123.5 131.4 136.0 147.5 157.5 170.1 176.9 184.2 182.3 184.7 191.9 201.6 200.6 138.2 145.3 148.6 153.5 163.8 148.9 150.9 155.6 157.3 46.7 51.0 52.1 54.6 49.4 50.9 62.4 71.5 73.1 67.2 70.2 0 0 0.5 0 0 0 21.7 21.3 21.4 21.8 22.0 21.3 21.1 21.4 21.2 23.8 24.0 24.6 25.0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 551 0 0 0 519 0 0 0 468 0 0 0 348.1 0 0 0 245.0 0 0 0 163.1 0 0 0 59.7 0 0 0 10 0 4.2 12.2 9.2 10.9 6.4 6.5 10.0 15.0 7.7 4.0 4.6 4.1 4.0 10.7 0.4 16.1 88.7 224.2 398.4 442.2 376.0 293.8 127.8 115.4 53.5 166.4 161.8 99.4 31.0 2.1 2.8 3.2 4.5 5.2 9.8 18.1 22.3 32.2 45.6 0 0 0 30.0 0 0 0 0 0 0 0 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 2,688 2,034 2,482 2,240 2,059 1,482 1,919 1,937 1,619 1,061 1,593.0 1,487.1 1,391.9 983.4 1,504.5 1,272.1 1,019.6 621.2 846.1 808.0 812.9 546.6 673.4 660.2 642.8 485.2 499.6 463.6 458.1 465.0 562.3 526.0 447.8 175.7 286.0 263.5 234.6 164.0 248.7 228.0 230.8 137.5 134.0 167.9 166.1 97.5 121.8 144.0 152.6 157.3 134.9 130.9 127.3 117.0 115.4 134.4 131.3 129.7 158.1 121.5 117.8 73.9 66.7 70.2 67 55.1 53.9 60.8 48.6 57.8 128.8 175.9 93.8 45.9 77.9 58.3 44.3 41.7 31.9 29.0 31.0 28.8 37.7 34.2 38.0 29.3 14.3 12.5 10.6 13.5 11.5 12.0 12.7 13.5 12.3 37.5 39.7 146.6 43.4 37.1 124.5 130.1 158.5 22.6 55.9
Total Non-Current Assets 35,552 35,016 33,094 32,299 30,574 29,638 30,383 29,125 28,770 29,083 27,799.2 27,822.9 27,281.1 27,005.5 25,308.8 25,748.3 24,960.4 24,961.6 24,874.8 24,782.3 24,467.3 24,397.7 22,392.7 21,811.2 21,270.6 21,093.0 19,989.1 19,898.0 19,865.3 18,729.0 18,481.1 18,219.5 16,998.4 16,446.9 15,864.7 15,624.3 11,610.7 11,140.8 11,437.1 11,173.6 11,327.5 7,097.4 6,463.6 6,495.9 6,288.1 6,326.5 6,604.3 6,659.6 6,644.6 6,603.7 6,379.4 5,980.2 5,605.5 5,493.2 5,265.8 4,715.1 4,710.3 4,549.6 4,400.4 4,320.1 3,957.5 3,670.0 3,589.1 3,399.2 2,354.1 2,310.3 2,248.5 2,153.9 2,059.9 2,068.8 1,949.3 2,037.3 1,912.6 1,755.1 1,647.4 835.4 654.9 605.6 554.5 523.4 502.5 489.3 430.1 400.7 410.8 394.7 353.9 358.1 366.3 378.2 383.2 396.9 411.2 428.5 399.0 437.2 457.3 471.8 461.7 462.4 466.5 445.5 354.5 260.4 109.3
Total Assets 40,898 40,141 38,060 38,849 36,079 35,085 35,438 32,854 31,937 32,651 31,684.6 31,566.9 31,274.2 30,310.7 29,325.9 29,038.2 28,023.2 27,918.7 27,774.1 27,930.4 27,317.0 27,038.8 26,436.7 27,792.6 23,590.7 23,965.6 22,842.3 22,886.5 22,491.1 20,244.6 20,288.1 20,070.3 19,941.9 18,696.1 18,308.5 17,473.9 17,184.7 12,608.4 13,097.6 13,269.0 13,495.8 10,356.7 7,705.7 7,826.0 7,727.7 7,817.4 7,462 7,601.8 7,730.6 7,492.4 7,384.7 7,077.8 7,611.4 6,133.0 5,991.0 5,724.7 5,884.3 5,785.3 5,730.7 4,969.2 4,652.5 4,448.0 4,480.9 4,287.4 3,667.8 3,038.2 2,962.6 2,843.4 2,417.0 2,448.3 2,291.9 2,331.0 2,286.8 2,181.9 2,130.6 1,175.5 1,073.7 771.8 730.6 683.2 669.4 681.0 533.4 527.0 518.0 501.8 467.5 464.7 467.2 464.5 424.4 437.4 451.5 492.0 428.3 470.4 531.7 575.1 648.7 708.8 747.8 683.5 700.7 450.5 332.0
Current Liabilities
Account Payables 1,321 127 1,275 1,213 1,105 133 1,125 1,139 1,077 162 1,058.2 1,023.0 933.3 116.0 922.5 841.5 811.2 84.1 844.1 768.0 742.3 77.7 822.1 745.5 717.6 52.2 755.1 768.7 746.8 97.0 739.1 710.6 686.6 101.7 657.2 612.6 516.0 60.2 534.6 498.2 475.3 49.9 340.4 315.6 321.9 30.2 42.3 21.0 34.4 30.3 28.5 34.2 28.8 27.7 26.4 27.5 26.4 23.3 21.5 21.2 17.2 0 11.6 18.4 23.1 14.9 18.2 16.6 15.9 18.3 11.8 17.8 17.4 14.8 19.0 4.2 3.2 27.3 2.4 23.6 21.2 22.6 22.6 26.5 20.5 19.8 21.6 4.0 20.7 18.1 4.4 12.9 13.9 20.3 3.2 11.2 18.9 17.5 20.8 16.2 12.5 13.7 10.3 8.8 5.1
Short-Term Debt 1,876 1,316 716 1,913 1,204 1,204 2,203 1,005 1,006 1,006 8.2 8.4 9.9 9.8 9.8 34.1 32.0 33.1 67.6 42.6 229.9 232.5 2,122.3 2,303.4 374.9 720.8 371.3 373.7 373.3 374.1 223.8 226.1 79.7 64.5 84.5 83.0 80.8 67.9 519.0 511.3 635.3 916.4 206.6 208.8 54.9 59.5 57.8 54.5 54.1 53.5 40.2 40.4 797.4 52.2 49.3 72.8 324.8 333.8 317.8 271.6 20.2 20.0 22.5 22.0 56.2 58.9 53.1 52.1 71.1 71.2 77.7 73.4 64.2 16.6 6.9 4.5 4.3 4.1 43.2 3.1 1.6 30 1.0 0.9 1.4 0.7 0 0 0 14.7 12.4 10.0 6.1 7.6 105.6 112.8 8.6 7.2 52.0 7 5.4 4.4 6.5 4.7 4.1
Deferred Revenue 0 149 0 0 0 139 0 0 0 141 0 0 0 148.0 0 0 0 126.1 0 0 0 118.4 0 0 0 92.9 0 0 0 93.6 0 0 0 103.9 0 0 0 94.0 0 0 0 92.2 0 0 0 69.1 65.6 63.2 66.6 63.3 61.0 46.0 60.8 71.3 0 0 0 52.3 0 52.6 36.9 0 33.0 30.4 29.4 29.4 32.1 28.8 28.9 27.7 23.9 4.8 22.8 20.5 0 0 9.6 0 0 0 0 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 304 646 280 368 245 498 297 230 186 586 194.7 215.5 226.1 504.2 211.4 204.4 232.6 441.2 223.5 271.1 213.2 542.2 231.2 229.6 199.0 293.4 172.1 195.5 114.0 260.3 123.8 142.3 145.0 259.4 149.3 140.5 133.9 200.0 164.2 294.2 296.5 221.1 118.7 138.3 142.0 204.2 176.6 170.3 155.1 176.7 153.2 152.1 139.6 161.3 231.3 121.7 61.5 69.2 108.9 52.2 51.6 52.6 12.8 11.4 10.1 11.8 15.9 14.0 13.1 14.4 6.5 26.3 6.2 5.0 36.3 15.2 1.2 23.6 8.5 7.2 39.8 38.9 8.4 6.7 5.8 6.9 7.0 4.8 3.7 3.8 3.2 2.8 10.7 4.4 3.4 1.4 15.3 38.6 2.2 2.3 66.5 93.2 73.5 52.8 33.1
Total Current Liabilities 4,538 3,893 3,069 4,241 3,327 3,349 4,370 3,068 2,891 3,162 1,893.7 1,854.2 1,754.2 1,838.3 1,696.0 1,608.9 1,607.0 1,606.0 1,781.1 1,683.4 1,833.6 2,024.8 3,796.2 3,855.8 1,838.5 2,157.9 1,836.5 1,884.4 1,685.4 1,515.1 1,461.3 1,433.6 1,246.5 1,242.7 1,156.6 1,091.4 1,020.1 1,028.7 1,495.6 1,559.8 1,580.2 1,656.4 1,464.1 817.7 666.4 643.8 668.2 563.3 595.2 546.5 582.2 607.5 1,265.7 549.1 612.5 491.2 718.1 725.3 656.2 620.5 343.3 318.1 311.0 299.6 316.1 315.5 280.2 252.6 256.3 290.0 239.1 235.6 244.9 191.5 198.0 136.7 93.3 78.4 107.2 69.4 62.6 91.4 39.2 37.0 30.1 32.2 30.9 24.4 24.4 38.5 34.9 29.2 30.7 46.2 125.2 127.0 42.9 63.3 112.9 51.0 84.4 111.3 90.3 66.3 42.3
Non-Current Liabilities
Long-Term Debt 17,715 17,596 16,476 16,022 14,560 14,007 13,075 13,336 12,632 12,725 13,582.8 13,338.7 13,361.1 12,752.2 12,607.3 12,733.1 11,645.4 11,570.7 11,561.4 11,638.7 10,914.4 10,305.5 8,402.5 10,022.7 9,722.9 9,599.1 9,050.5 9,227.0 9,354.1 9,439.4 9,646.3 9,652.3 9,317.1 8,317.0 8,268.8 7,558.9 7,478.1 5,179.9 4,867.8 4,882.5 4,946.0 4,277.4 3,204.5 3,256.6 3,410.3 3,395.1 2,733.4 2,747.1 3,170.1 3,173.9 3,127.0 3,131.2 3,142.0 2,397.5 2,404.5 2,343.1 2,342.7 2,363.6 2,353.5 1,639.5 1,798.9 1,766.7 1,839.5 1,822.1 1,896.9 1,265.0 1,282.6 1,255.6 982.4 995.0 1,020.9 1,021.3 999.6 992.2 957.2 447.1 403.0 183.0 144.1 144.4 144.8 145.1 88.2 88.2 88.1 122.1 119.3 119.1 116.5 83.9 140.1 142.1 146.8 147.4 142.5 141.5 273.0 299.2 113.1 336.9 319.0 192.4 194.8 193.0 192.3
Deferred Tax Liabilities 0 367 0 0 0 339 0 0 0 394 0 0 0 383.4 0 0 0 340.3 0 0 0 290.4 0 0 0 247.2 0 0 0 247.8 0 0 0 252.3 0 0 0 274.3 0 0 0 100.6 0 0 0 69.2 67.2 70.1 69.8 69.8 61.7 60.8 25.3 61.3 0 0 0 118.0 0 95.7 95.1 103.7 91.1 88.8 24.4 25.9 17.6 13.0 28.1 16.5 21.8 24.1 29.4 26.0 0 0 0 0 0 0 0 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 968 446 861 932 744 271 822 787 752 248 775.3 785.5 784.9 254.2 738.9 789.6 740.7 421.6 729.3 770.2 827.2 657.5 721.6 624.1 608.1 365.2 558.9 560.6 544.1 372.2 634.1 633.5 608.2 277.3 728.7 715.7 645.4 244.7 664.1 606.5 598.4 194.8 349.8 331.3 311.7 153.9 142.0 150.7 143.0 137.1 132.6 129.1 136.0 130.9 174.3 282.4 291.1 134.5 253.3 68.5 59.6 125.0 56.9 52.5 33.8 37.0 38.6 36.2 35.1 37.2 77.9 74.0 71.3 21.8 66.2 57.4 60.1 62.7 58.6 58.5 61.0 61.2 42.1 41.7 41.3 39.3 26.1 25.0 23.4 22.0 17.9 17.0 14.9 14.2 12.8 11.6 10.3 9.0 195.0 6.8 7.2 4.7 2.9 2.5 1.2
Total Non-Current Liabilities 22,065 22,070 20,811 20,501 18,839 18,184 17,456 17,483 16,722 16,975 17,879.4 17,663.7 17,491.2 16,966.6 16,475.8 16,799.7 15,473.4 15,431.0 15,424.4 15,600.5 14,906.7 14,348.0 12,084.6 13,548.6 13,082.9 12,967.4 12,244.8 12,252.9 12,381.0 11,510.3 11,666.6 11,712.1 11,554.9 10,598.9 10,609.7 9,858.8 9,646.8 7,213.8 6,978.3 7,003.8 7,096.5 5,955.0 4,752.9 4,805.7 4,899.6 4,868.1 4,196.1 4,166.1 4,491.5 4,362.9 4,252.8 4,061.8 3,908.1 3,189.1 3,066.7 3,090.1 3,036.7 3,040.3 2,983.7 2,215.5 2,321.8 2,249.4 2,315.9 2,232.4 2,164.2 1,540.2 1,548.0 1,498.1 1,227.5 1,228.1 1,215.6 1,216.7 1,198.8 1,176.0 1,117.9 596.1 555.3 338.5 295.9 296.7 299.9 300.9 179.1 178.9 178.6 195.9 145.4 144.0 139.9 105.9 157.9 159.1 161.7 161.6 155.2 153.1 283.3 308.2 308.1 353.4 326.2 197.1 197.7 195.5 193.5
Total Liabilities 26,603 25,963 23,880 24,742 22,166 21,533 21,826 20,551 19,613 20,137 19,773.0 19,517.9 19,245.3 18,804.9 18,171.8 18,408.6 17,080.4 17,036.9 17,205.6 17,283.9 16,740.3 16,372.7 15,880.7 17,404.4 14,921.4 15,125.2 14,081.3 14,137.3 14,066.3 13,025.4 13,127.9 13,145.8 12,801.4 11,841.7 11,766.3 10,950.3 10,666.8 8,242.5 8,473.8 8,563.6 8,676.7 7,611.3 6,217.0 5,623.4 5,566.0 5,511.8 4,864.3 4,729.4 5,086.6 4,909.4 4,835.0 4,669.4 5,173.8 3,738.2 3,679.1 3,581.2 3,754.8 3,765.5 3,639.8 2,835.9 2,665.1 2,567.5 2,626.9 2,532.0 2,480.3 1,855.7 1,828.1 1,750.7 1,483.8 1,518.1 1,454.7 1,452.3 1,443.7 1,367.4 1,315.9 732.8 648.6 416.8 403.0 366.0 362.5 392.3 218.3 215.9 208.7 228.1 176.3 168.4 164.2 144.5 192.8 188.4 192.4 207.8 280.5 280.1 326.1 371.5 421.0 404.4 410.6 308.4 288.0 261.9 235.8
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 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 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0
Retained Earnings 6,514 (6,103) (5,903) (5,811) (5,706) (5,593) (5,158) (5,048) (4,932) (4,761) (4,581.2) (4,532.6) (4,415.6) (4,352.7) (4,190.8) (4,112.1) (4,041.8) (3,904.6) (3,765.7) (3,656.0) (3,463.0) (3,359.0) (3,170.3) (2,996.4) (2,890.2) (2,777.0) (2,689.9) (2,598.3) (2,530.9) (2,441.3) (2,365.5) (2,305.1) (2,188.7) (2,340.1) (2,246.1) (2,166.9) (2,054.2) (1,951.1) (1,886) (1,810.1) (1,731.2) (1,576.7) (1,480.6) (781.9) (742.7) (720.4) 59.1 16.3 4.9 (36.4) (81.6) (103.2) (74.5) (131.1) (155.3) (184.1) (220.6) (255.1) (272.9) (293.2) (324.0) (349.1) (362.9) (374.1) (371.8) (386.0) (403.7) (422.5) (440.0) (455.4) (543.6) (551.0) (553.2) (558.6) (552.6) (556.7) (557.9) (553.4) (562.6) (557.4) (552.1) (547.0) (514.4) (513.7) (510.2) (504.4) (481.8) (475.2) (465.9) (435.8) (418.1) (398.4) (377.2) (351.6) (412.4) (368.3) (343.7) (330.0) (302.6) (221.0) (183.1) (141.6) (98.7) (66.6) (39.8)
Accumulated Other Comprehensive Income (1,343) (1,359) (1,419) (1,399) (1,559) (1,735) (1,283) (1,541) (1,498) (1,290) (1,526.0) (1,288.5) (1,285.2) (1,389.4) (1,755.9) (1,418.8) (1,052.9) (1,085.8) (1,041.8) (941.1) (1,008.8) (913.4) (1,101.8) (1,140.3) (1,206.7) (934.6) (1,040.2) (958.4) (942.4) (945.7) (922.1) (878.0) (718.2) (785.2) (783.9) (811.3) (882.7) (949.1) (713.8) (643.8) (416.6) (509.1) (488.0) (423.2) (468.0) (332.4) (237.5) (77.5) (99.8) (113.8) (121.7) (200.1) (174.3) (101.0) (113.6) (155.8) (110.4) (143.7) (120.4) (41.7) (61.4) (112.0) (103.3) (164.6) (132.5) (97.2) (98.9) (93.5) (167.5) (152.8) (64.6) 3.8 (0.2) (3.9) 10.8 3.8 4.4 3.9 2.8 2.5 1.9 (3.8) 0.8 (8.2) (9.7) 2.0 0.8 0.4 0.8 0.2 (1.0) (0.9) (1.9) (2.2) (3.7) (5.4) (8.3) (10.9) (13.6) (21.0) (29.4) (36.4) (50.3) (50.3) (15.1)
Total Stockholders' Equity 14,298 14,156 14,157 14,084 13,889 13,528 13,588 12,278 12,299 12,489 11,886.9 12,024.1 12,029.0 11,506.0 11,154.4 10,629.8 10,942.9 10,882.1 10,568.8 10,646.5 10,576.8 10,634.0 10,555.8 10,388.3 8,669.4 8,840.6 8,761.1 8,749.2 8,425.1 7,219.3 7,160.2 6,924.5 7,140.6 6,849.8 6,542.2 6,523.7 6,517.8 4,365.8 4,623.7 4,705.5 4,819.1 2,745.4 1,488.7 2,202.6 2,161.7 2,270.1 2,597.7 2,683.1 2,517.0 2,459.1 2,453.0 2,311.9 2,342.3 2,313.4 2,233.6 2,067.6 2,060.5 1,952.2 2,024.5 2,064.2 1,987.4 1,880.5 1,854.0 1,750.2 1,187.5 1,182.5 1,134.4 1,092.6 933.2 916.7 837.2 878.7 843.1 814.4 814.7 442.7 425.1 355.0 327.6 317.1 306.9 288.7 315.1 311.1 309.4 273.7 291.2 296.3 302.9 320.1 231.6 249.0 259.1 284.2 147.9 190.3 205.6 203.5 227.7 304.4 337.2 375.1 412.7 188.6 96.2
Total Liabilities & Equity 40,898 40,141 38,060 38,849 36,079 35,085 35,438 32,854 31,937 32,651 31,684.6 31,566.9 31,274.2 30,310.7 29,325.9 29,038.2 28,023.2 27,918.7 27,774.1 27,930.4 27,317.0 27,006.8 26,436.7 27,792.6 23,590.7 23,965.6 22,842.3 22,886.5 22,491.1 20,244.6 20,288.1 20,070.3 19,941.9 18,691.5 18,308.5 17,473.9 17,184.7 12,608.4 13,097.6 13,269.0 13,495.8 10,356.7 7,705.7 7,826.0 7,727.7 7,782.0 7,462 7,639.6 7,730.6 7,492.4 7,389.0 7,077.8 7,612.9 6,135.8 5,991.0 5,724.7 5,884.3 5,785.3 5,730.7 4,969.2 4,652.5 4,448.0 4,480.9 4,282.2 3,667.8 3,038.2 2,962.6 2,843.4 2,417.0 2,434.7 2,291.9 2,331.0 2,286.8 2,181.9 2,130.6 1,175.5 1,073.7 771.8 730.6 683.2 669.4 681.0 533.4 527.0 518.0 501.8 467.5 464.7 467.2 464.5 424.4 437.4 451.5 492.0 428.3 470.4 531.7 575.1 648.7 708.8 747.8 683.5 700.7 450.5 332.0
Debt Metrics
Total Debt 23,307 22,726 20,982 21,851 19,650 18,961 19,188 17,975 17,277 17,454 17,381.3 17,177.8 17,013.2 16,469.6 16,023.5 16,328.9 15,059.3 14,992.5 15,061.7 15,170.4 14,606.0 13,923.3 13,742.0 15,470.1 13,079.6 13,287.3 12,259.7 12,267.8 12,398.4 11,332.5 11,354.6 11,390.0 11,103.8 10,080.4 10,025.6 9,289.1 9,181.4 6,759.6 6,925.3 7,001.2 7,181.8 6,521.0 4,636.4 4,710.0 4,666.6 4,644.0 3,983.7 3,936.2 4,279.4 4,158.7 4,046.6 3,941.7 4,523.8 3,010.7 2,956.5 2,893.5 3,082.4 3,099.1 3,059.5 2,257.9 2,124.4 2,048.6 2,131.6 2,059.4 2,111.8 1,485.0 1,496.3 1,452.3 1,191.0 1,203.7 1,193.7 1,192.0 1,162.2 1,106.1 1,058.6 543.1 499.5 279.8 280.5 241.2 240.6 269.7 137.9 138.1 138.7 157.3 119.3 119.1 116.5 98.6 152.5 152.0 152.9 155.0 248.1 254.3 281.6 306.4 165.1 353.7 324.4 196.8 201.4 197.7 196.4
Net Debt 21,945 20,999 18,905 18,191 16,700 15,880 16,412 15,982 15,750 15,358 15,023.8 14,835.6 14,370.6 14,563.1 13,522.7 14,437.6 13,364.0 13,456.2 13,682.6 13,370.6 12,853.0 12,318.5 11,097.0 10,685.0 11,908.2 11,417.7 10,857.3 10,654.2 10,764.5 10,726.3 10,484.1 10,423.7 9,080.0 8,667.9 8,425.6 8,225.3 4,258.1 6,011.1 5,937.4 6,518.1 6,548.0 4,292.2 4,300.9 4,373.9 4,129.9 4,033.0 3,629.5 3,527.8 3,784.2 3,896.8 3,646.8 3,424.2 3,838.7 2,758.5 2,716.8 2,239.4 2,449.5 2,820.3 2,689.0 1,960.0 1,820.0 1,605.7 1,742.4 1,548.0 1,072.5 1,138.9 1,213.1 1,047.1 969 983.5 1,033.0 1,040.9 901.3 815.5 715.2 308.5 171.8 197.3 195.9 163.9 159.5 150.5 95.3 71.0 94.5 131.3 76.7 67.5 47.6 71.7 130.8 127.8 131.9 113.8 238.7 237.5 247.9 247.6 80.5 229.7 158.5 22.1 (72.5) 48.8 8.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Operating Activities
Net Income 415 264 374 367 343 (14) 296 301 231 227.6 275.8 207.0 258.7 128.9 211.7 216.2 147.7 123.1 152.0 68.5 156.1 50.9 66.8 133.3 119.0 124.8 120.8 143.9 117.7 110.0 124.8 67.6 62.9 65.2 79.9 45.8 42.1 61.8 51.5 44.7 (31.1) 10.7 41.1 59.5 76.5 (355.1) 43.0 10.1 41.3 45.4 36.9 (28.1) 36.3 46.1 29.2 37.6 34.8 16.1 20.6 30.7 25.1 13.8 11.2 (2.3) 14.2 17.7 18.8 17.4 15.5 116.5 7.4 2.2 5.4 (6.1) 4.1 1.2 (4.5) 9.1 (5.2) (5.3) (5.1) (32.6) (0.8) (3.4) (5.8) (22.7) (6.6) (9.2) (30.1) (17.7) (19.7) (21.2) (25.6) 60.7 (44.1) (24.6) (13.7) (27.4) (81.6) (37.9) (41.5) (42.9) (32.1) (26.8) (18.0)
Depreciation & Amortization 544 551 537 499 480 498 496 490 525 462.4 466.6 459.7 454.9 438.5 431.7 432.8 436.4 428.8 419.7 417.8 394.3 378.9 362.3 348.4 337.4 328.3 321.7 320.6 314.7 305.1 306.3 307.3 306.5 279.8 277.7 252.4 219.0 212.3 215.4 213.7 202.2 144.9 133.3 128.3 122.5 133.1 121.3 116.1 113.6 106.7 108.9 110.1 108.5 103.5 107.6 96.9 93.9 93.4 92.0 86.4 79.5 75.4 73.3 62.8 48.7 42.5 44.5 44.9 41.7 39.8 42.8 39.5 36.9 36.1 24.1 22.4 20.6 19.7 2.0 34.1 16.9 21.9 17.3 18.2 17.5 21.3 14.7 14.7 15.5 24.5 15.7 16.5 17.7 17.4 17.0 15.6 16.9 17.5 17.6 20.3 20.5 23.2 14.0 9.7 6.2
Stock-Based Compensation 128 128 130 127 113 114 122 125 101 105.8 98.4 104.3 99 107.5 101.8 104.7 90.0 96.4 94.7 94.3 78.3 79.4 75.2 75.8 64.5 62.1 63.9 61.5 49.0 40.9 47.6 49.7 42.5 45.9 45.7 45.6 38.3 39.8 42.3 39.3 34.1 33.9 34.0 34.0 30.6 31.5 27.7 33.8 25.0 27.6 27.3 24.2 22.7 21.9 22.6 20.5 19.1 18.5 19.2 18.3 15.5 17.5 16.9 18.1 15.0 14.0 14.0 13.5 11.5 55.1 0 0 12.3 42.7 0 0 10.5 30.8 0 0 7.8 8.3 0 0 2.4 1.5 0 0 0.7 2.9 0 0 1.0 6.9 1.5 0 2.6 0 0 0 0 0 0 0 0
Change in Working Capital (383) 126 (24) (77) (126) 129 287 (16) (271) 210.1 (69.5) (53.2) (150.7) 36.0 57.8 37.1 (104.5) 230.3 3.6 (99.1) (267.5) 129.6 (72.6) (2.8) (22.0) (1.7) (13.9) 8.6 (86.4) 76.7 (62.9) 87.7 (145.5) 79.4 (38.6) (61.7) (75.5) (27.7) 32.7 (32.1) (106.0) 35.4 (1.5) (18.0) (4.7) 279.4 20.6 (122.8) (9.9) (41.4) 27.0 (54.2) (73.2) 53.1 (16.5) 33.8 (32.8) 44.2 (0.5) (4.0) (14.4) (0.7) 0.7 (35.9) 12.0 0.9 23.6 (1.4) 18.4 (103.1) (1.6) 7.0 7.5 (27.5) 11.2 3.1 (7.4) (1.1) (2.8) (6.0) (7.3) (1.4) (1.8) 2.2 1.9 (0.8) 0.1 0.5 0.6 1.2 2.4 (1.1) (14.8) 11.2 4.3 (11.3) 5.9 (7.2) 1.4 (0.8) 1.2 (12.4) 5.6 (3.6) 7.6
Other Non-Cash Items 13 75 (3) 28 (1) 254 (443) 9 12 5.2 30.6 21.6 14.2 49.3 17.2 10.4 11.5 10.5 10.3 15.7 15.1 3.8 1.4 18.3 10.3 7.4 6.0 8.0 11.2 13.7 8.9 6.9 13.0 0.9 3.6 7.9 20.0 9.1 6.6 12.8 10.4 8.3 8.3 9.0 8.6 9.7 9.7 12.2 11.7 13.5 11.5 5.0 8.8 5.9 7.3 5.9 11.0 6.0 10.5 11.5 9.3 10.8 8.1 9.0 9.4 (20.6) 6.1 1.1 (9.2) 79.0 14.8 16.3 12.7 12.5 9.0 11.1 11.3 8.2 26.6 (6.7) 0.2 30.6 0.7 1.2 0.9 12.8 2.7 2.9 20.5 (4.9) 3.5 3.1 3.1 (87.1) 18.9 (3.6) (11.2) 0.3 48.4 (0.1) 0.5 1.4 0 0 0
Operating Cash Flow 717 1,144 1,014 944 809 981 758 912 598 1,026.3 785.2 741.3 675.8 760.2 820.3 801.6 581.1 892.1 664.7 599.2 391.2 686.1 532.2 574.7 516.8 529.7 499.0 542.9 421.1 558.6 417.2 538.7 300.9 494.9 390.5 306.5 247.4 299.3 334.2 278.8 104.3 235.1 214.4 212.5 232.8 202.3 216.4 99.0 171.7 166.7 206.6 147.2 84.2 209.1 102.2 194.8 126.0 187.6 141.9 142.9 115.2 122.9 113.3 56.9 99.8 82.5 107.5 78.7 86.7 76.3 63.3 65.0 63.0 13.9 48.4 37.9 19.9 25.9 20.7 16.1 12.8 18.6 15.5 18.1 15.4 10.6 10.9 8.9 6.5 3.1 1.9 (2.7) (19.6) 2.2 (3.9) (23.8) (2.0) (16.8) (14.2) (18.4) (19.4) (30.7) (12.5) (20.7) (4.2)
Investing Activities
Capital Expenditure (1,256) (1,436) (1,136) (989) (750) (987) (724) (648) (707) (995.7) (617.5) (638.2) (529.6) (827.9) (552.7) (484.8) (412.5) (817.4) (678.3) (692.2) (563.6) (834.3) (565.3) (481.9) (400.9) (714.6) (556.8) (444.2) (364.0) (680.7) (545.5) (520.2) (349.7) (432.7) (320.2) (348.6) (277.2) (386.3) (279.5) (249.9) (197.7) (280.6) (216.0) (221.3) (150.1) (238.5) (156.0) (159.8) (105.9) (202.8) (171.0) (122.9) (75.7) (210.4) (212.1) (196.5) (145.5) (194.2) (131.5) (200.5) (187.5) (158.2) (144.0) (148.7) (143.4) (129.1) (88.7) (76.8) (75.0) (149.6) (85.2) (107.6) (128.7) (121.0) (153.9) (188.9) (73.6) (49.6) (46.6) (39.4) (26.6) 57.2 (41.8) (9.9) (5.5) (6.2) (7.6) (4.1) (5.1) (4.9) (1.4) (1.1) (0.3) (1.4) (1.1) (1.2) (2.8) 19.4 (35.1) (7.4) (34.7) (201.1) 4.3 (137.4) (36.5)
Acquisitions 0 (129) 48 (187) (43) 0 0 247 (3) 0 4.7 25 72.3 0 (80.3) (827.6) 195.4 34.1 (158.5) 0 0 (702.0) 0 0.0 (478.3) (136.3) 0 (34.1) 0 (0.5) 1.8 (831.0) 0 (334.8) 1.1 (3,593.6) (36.0) 0.6 (165.9) (11.7) (1,601.6) (235.3) 0 0 (10.2) 0 0 0 (16.8) (48.7) (69.6) (3.0) (0.1) 40 (273.0) 0 0 0 0 85.6 (147.8) 0 0 (130.0) 90.0 28.2 (28.2) 0 0 23.2 0 0 (23.2) (0.1) (588.7) 0 16.5 (9.8) 0 0 0 (88.4) 0 (8.6) 8.6 0 0 0 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (930) (821) (351) (605) (190) (5) (479) (337) 0 (285.6) (26.7) (30.3) (24.4) (35.2) (22.4) (78.7) (41.6) (37.4) (52.1) (2.6) (22.4) (71.8) (3.6) (7.6) (44.8) (5.8) (2.9) (11.5) (9.3) (10.0) (0.8) (25.2) (29.3) 0 (31.7) (0.0) (26.3) (10.6) (15.3) (5.6) (10.9) (20.6) (14.1) (305.8) (18.4) (409.5) (21.3) (21.8) (93.4) (154.5) (190.6) (327.3) (296.5) (76.9) (200.1) (68.4) (97.4) (240.7) (752.5) (125.4) (2.2) (145.0) (314.9) (65.0) (90.0) (70.0) (146.0) (149.8) 0 (23.2) (73.4) (155.6) (11.5) (24.8) (31.3) (45.4) (12.8) (19.8) (31.2) (12.7) (24.7) (7.2) (44.3) (24.6) (31.7) (153.1) (22.3) (27.6) (17.7) (9.0) (3.5) 0 0 5.1 0.0 (2.9) (16.9) 7.5 (41.3) (62.1) (72.6) (43.7) (55.1) (7.7) (8.4)
Sales/Maturities of Investments 595 235 320 450 0 0 0 4 0 0 (4.7) 643.4 (72.3) 0 0 22.1 0 0 (107.2) 0 4.1 9.7 7.5 6.3 5.9 31.4 0 8.4 0.5 11.4 7.2 38.4 28.8 13.6 3.4 10.3 19.2 11.4 13.1 14.4 14.3 11.2 108.4 739.8 13.7 27.9 170.1 272.5 315.1 173.2 101.4 151.7 63.5 61.8 88.5 348.1 443.7 242.1 75.3 28.8 147.8 321.1 199.4 130.0 112.3 155.9 13.9 13.6 23.6 81.6 76.2 47.8 40.4 24.7 28.3 20.9 22.3 28.1 20.4 23.1 13.3 3.4 43.3 42.3 31.1 160.6 7.0 6.5 10.5 0.0 (0.0) 0.3 2.0 (3.5) 4.2 20.7 22.1 48.9 47.2 50.0 25.8 53.5 10.2 18.8 19.8
Other Investing Activities 132 (559) (251) (109) 19 (119) (162) 0 (17) 0 (108.2) (668.4) 47.4 (208.4) (8.1) 0 0 0 174.5 (33.9) (53.7) 258.7 (41.9) (46.2) (36.4) 358.7 (16.7) (41.7) (5.7) (45.8) (82.7) (27.1) (14.7) (30.1) (16.4) (6.8) 6.0 32.5 783.5 (0.1) 473.1 (3.7) 14.3 (511.2) (34.8) 0.2 0.9 0.6 (0.1) (0.4) (1.1) 839.0 (833.8) (23.8) (0.1) 10.7 68.6 (1.8) 0.1 (0.8) (94.1) (0.4) 0 (113.8) (0.4) (0.7) (11.5) 8.9 (26.5) 24.8 0 (0.7) (13.2) 17.7 24.4 31.4 (0.5) 14.3 (3.3) 3.6 2.5 (34.8) (0.3) 3.2 (0.6) 1.7 2.1 (1.5) (0.2) 2.4 0 (0.1) 0 (1.2) 0 (4.7) (24) (37.0) 4.2 (32.3) (33.8) 132.7 (77.8) 12.3 14.2
Investing Cash Flow (1,459) (2,710) (1,370) (1,440) (964) (1,111) (1,365) (734) (727) (1,281.4) (752.4) (668.4) (506.6) (1,071.5) (663.5) (1,369.1) (258.8) (820.7) (821.6) (728.7) (635.7) (1,339.8) (603.2) (529.4) (954.5) (466.5) (576.5) (523.1) (378.5) (725.6) (620.0) (1,365.1) (364.9) (784.0) (363.7) (3,938.7) (314.4) (352.5) 336.0 (252.9) (1,322.8) (529.0) (107.6) (298.5) (199.8) (619.9) (6.3) 91.5 98.9 (233.4) (331.0) 537.5 (1,142.5) (209.3) (596.9) 93.9 269.4 (194.6) (808.7) (212.3) (283.8) 17.5 (259.5) (327.4) (31.6) (15.7) (260.5) (204.1) (77.9) (43.2) (82.4) (216.2) (136.2) (103.5) (721.3) (181.9) (48.1) (36.8) (60.8) (25.3) (35.6) (69.8) (43.1) 2.3 1.8 3.1 (20.8) (26.8) (12.3) (11.4) (4.9) (0.9) 1.6 (1.0) 3.1 12.0 (21.6) 38.8 (24.9) (51.8) (115.2) (58.6) (118.5) (114.1) (10.9)
Financing Activities
Net Debt Issuance 777 1,701 (724) 1,645 337 204 737 707 (33) (51.4) 304 (32.0) 526 (37.5) (53.4) 1,155.7 84.2 (46.0) (41.6) 445.7 647.3 (138.8) (1,998.2) 2,142.1 (131.2) 658.5 (37.3) (179.8) (49.5) (32.1) 0.8 (32.9) 867.5 (95.6) 662.7 (48.7) 2,271.7 (32.1) (71.5) (48.9) (268.3) 1,612.8 (17.4) (23.6) (18.7) 879.1 (5.6) (51.2) (14.6) (11.8) (12.9) (772.3) 1,482.4 (12.8) 8.1 (263.2) (61.0) 0.1 748.5 52.9 10.6 (85.2) 4.1 (255.6) 634.1 (17.3) 15.5 356.1 (7.4) 31.5 19.6 30.4 37.8 29.3 444.4 43.6 273.6 (0.6) 39.3 (0.7) (30.6) 126.8 (0.2) (0.8) (3.2) (0.1) 0 0 18.0 (58.2) (0.7) 7.1 (2.5) (0.1) (6.7) (4.3) (1.7) (47.9) (2.0) 28.8 127.1 (5.3) 4.9 (1.3) (1.4)
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 298.0 (42.6) (208.3) (47.1) (48.8) 0 0 0 0 0 0 (13.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (519) (461) (467) (460) (468) (413) (413) (405) (412) (403.2) (324.6) (320.2) (326.2) (287.6) (291.2) (283.0) (289.7) (259.5) (262.4) (258.1) (263.0) (237.8) (240.7) (236.0) (233.5) (210.4) (212.8) (208.4) (204.6) (183.9) (186.0) (181.8) (187.0) (157.6) (159.5) (156.3) (148.1) (125.3) (127.5) (121.9) (124.8) (230.5) (98.0) (96.3) (96.6) (83.3) 0 0 0 0 0 0 0 (46.8) 0 0 (21.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 42 (15) (13) 6 (3) (10) 48 (8) 0 (27.4) (3.9) 26.0 41.4 (0.6) 37.7 (10.4) (7.4) 0 0 (112.6) (11.7) (45.3) (46.1) (26.3) 25.8 (66.7) 24.4 0 27.6 0.8 23.0 0.7 (6.4) (3.0) (6.5) (8.0) (24.6) 0.5 (8.7) 0.8 16.2 (18.9) 14.0 0.4 16.5 (116.0) (208.1) (19.5) 24.4 (10.0) 11.8 (77.7) 14.3 75.1 65.6 (1.5) 30.5 (83.5) (15.4) 0 (0.1) (0.8) 14.0 3.3 (4.3) 14.4 13.3 (54.7) 3.8 0.7 (0.0) (0.4) (0.5) (0.1) (11.5) 0 (10.7) (0.7) (0.0) 0.2 0.4 (0.7) (0.3) 0 0 (0.2) (0.0) 0 (5.7) 0.5 0 (0.5) 0 30.7 (0.2) (1.4) (0.0) 0.5 (0.1) (0.4) 0 (6.0) 0.2 (0.2) 0
Financing Cash Flow 349 1,225 (1,159) 1,191 15 478 1,348 294 (397) (49.1) 17.9 (327.2) 542.2 (325.7) 489.1 862.3 (168.9) 92.8 (266.4) 174.7 412.7 (421.8) (2,088.5) 3,563.0 (237.1) 381.5 (126.2) (40.2) 986.9 (100.9) 104.1 (206.3) 674.0 98.9 496.6 (212.9) 4,225.2 (156.9) (191.1) (169.9) (376.4) 2,192.9 (101.4) (119.6) (98.8) 679.9 (256.2) (278.9) (37.3) (70.6) (1.2) (850.0) 1,496.8 12.2 73.7 (264.7) (44.0) (83.4) 744.1 61.8 26.1 (86.0) 18.1 (252.2) 629.8 (2.9) 28.8 301.3 (3.6) 32.2 26.4 41.9 44.6 38.0 783.2 50.5 273.3 8.8 47.5 5.4 (15.5) 127.9 3.0 2.5 1.1 3.4 1.0 0.5 14.3 47.3 0.4 6.9 (2.4) 30.6 (6.7) (5.6) (1.4) (47.3) (1.8) 28.4 128.6 (11.8) 255.9 96.1 (0.4)
Cash Position
Net Change in Cash (399) (341) (1,525) 728 (120) 306 780 466 (566.2) (262.0) 15.7 (301.1) 735.4 (599.6) 606.7 193.6 158.0 157.9 (430.4) 50.1 146.1 (1,040.4) (2,141.1) 3,620.6 (700.1) 466.5 (217.2) (18.2) 1,027.9 (270.8) (103.8) (1,066.4) 617.9 (185.5) 533.0 (3,839.8) 4,169.8 (239.4) 504.8 (150.6) (1,595.1) 1,893.4 (0.7) (200.6) (74.2) 256.7 (54.2) (86.8) 233.3 (137.8) (117.8) (167.5) 432.8 12.5 (414.4) 21.2 354.1 (91.7) 72.7 (6.6) (138.4) 53.7 (122.2) (528.0) 693.2 62.9 (122.1) 183.2 1.8 59.5 9.6 (109.7) (29.8) (52.8) 108.9 (93.1) 245.1 (2.1) 7.3 (3.8) (38.1) 76.7 (24.6) 22.9 18.3 (16.6) (9.0) (17.3) 8.4 38.7 (2.5) 3.3 (20.2) 31.9 (7.5) (17.0) (25.1) (25.8) (39.4) (41.9) (8.9) (99.1) 124.9 (38.7) (15.5)
Cash at Beginning 1,824 2,165 3,690 2,962 3,082 2,776 1,996 1,530 2,096.2 2,358.2 2,342.6 2,643.6 1,908.2 2,507.9 1,901.1 1,707.5 1,549.5 1,391.6 1,821.9 1,771.8 1,625.7 2,666.1 4,807.1 1,186.5 1,886.6 1,420.1 1,637.3 1,655.5 627.6 898.4 1,002.2 2,068.6 1,450.7 1,636.2 1,103.2 4,943.0 773.2 987.9 483.2 633.8 2,228.8 335.5 336.1 536.7 610.9 354.2 408.3 495.2 261.9 399.7 517.5 685.0 252.2 239.7 654.1 632.9 278.8 370.5 297.9 304.5 442.8 389.1 511.3 1,039.3 346.1 283.1 405.2 222.0 220.2 160.7 151.1 260.8 290.6 343.5 234.6 327.7 82.6 84.6 77.3 81.1 119.3 42.6 67.1 44.2 25.9 42.6 51.6 68.8 60.4 21.7 24.3 21.0 41.2 9.3 16.8 33.8 58.8 84.7 124.0 165.9 174.8 273.9 148.9 187.7 203.2
Cash at End 1,425 1,824 2,165 3,690 2,962 3,082 2,776 1,996 1,530 2,096.2 2,358.3 2,342.6 2,643.6 1,908.2 2,507.9 1,901.1 1,707.5 1,549.5 1,391.6 1,821.9 1,771.8 1,625.7 2,666.1 4,807.1 1,186.5 1,886.6 1,420.1 1,637.3 1,655.5 627.6 898.4 1,002.2 2,068.6 1,450.7 1,636.2 1,103.2 4,943.0 748.5 987.9 483.2 633.8 2,228.8 335.5 336.1 536.7 610.9 354.2 408.3 495.2 261.9 399.7 517.5 685.0 252.2 239.7 654.1 632.9 278.8 370.5 297.9 304.5 442.8 389.1 511.3 1,039.3 346.1 283.1 405.2 222.0 220.2 160.7 151.1 260.8 290.6 343.5 234.6 327.7 82.6 84.6 77.3 81.1 119.3 42.6 67.1 44.2 25.9 42.6 51.6 68.8 60.4 21.7 24.3 21.0 41.2 9.3 16.8 33.8 58.8 84.7 124.0 165.9 174.8 273.9 148.9 187.7
Free Cash Flow (539) (292) (122) (45) 59 (6) 34 264 (109) 30.6 167.6 103.1 146.2 (67.7) 267.6 316.8 168.6 74.7 (13.5) (93.0) (172.4) (148.2) (33.1) 92.7 115.9 (184.9) (57.8) 98.8 57.2 (122.0) (128.4) 18.5 (48.8) 62.2 70.3 (42.1) (29.9) (87.0) 54.7 29.0 (93.4) (45.5) (1.6) (8.9) 82.7 (36.2) 60.4 (60.9) 65.8 (36.1) 35.5 24.3 8.5 (1.3) (110.0) (1.7) (19.5) (6.6) 10.3 (57.6) (72.3) (35.3) (30.7) (91.8) (43.6) (46.6) 18.9 1.9 11.7 (73.3) (21.9) (42.7) (65.7) (107.1) (105.5) (151.0) (53.7) (23.8) (26.0) (23.3) (13.8) 75.8 (26.3) 8.3 9.9 4.5 3.3 4.8 1.4 (1.8) 0.5 (3.8) (19.9) 0.8 (5.0) (25.0) (4.9) 2.6 (49.3) (25.8) (54.1) (231.8) (8.2) (158.1) (40.7)
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 2,444 2,442 2,316 2,256 2,225 2,261 2,201 2,159 2,127 2,110.5 2,061.0 2,018.4 1,998.2 1,870.8 1,840.7 1,817.2 1,734.4 1,706.4 1,675.2 1,657.9 1,596.1 1,564.1 1,519.8 1,470.1 1,444.5 1,417.1 1,396.8 1,385.0 1,363.2 1,310.1 1,283.8 1,261.9 1,215.9 1,200.2 1,152.3 1,066.4 949.5 942.6 924.7 900.5 844.2 730.5 686.6 665.6 643.2 638.1 620.4 605.2 580.1 564.7 540.5 525.7 519.5 506.5 488.7 466.3 452.2 431.3 417.6 394.9 363.0 345.2 330.3 296.1 248.6 242.6 227.6 213.2 199.2 190.7 183.7 172.0 158.2 138.7 103.8 91.8 85.1 79.8 73.7 68.5 64.9 61.8 58.1 52.5 48.7 45.0 42.4 39.4 36.8 33.2 30.9 28.4 25.4 18.8 20.2 18.0 20.2 17.5 17.2 16.2 12.6 8.1 3.9 0.9 0.1
Gross Profit 1,258 1,244 1,174 1,172 1,141 1,065 1,103 1,077 1,036 1,018.7 992 958 992 900.1 906.0 886.9 818.6 795.9 789.5 792.8 784.8 733.4 751.8 730.8 708.3 691.5 692.5 686.8 681.2 639.1 623.4 610.1 593.4 580.6 569.9 544.2 480.6 476.7 454.4 443.5 416.5 378.5 361.2 349.8 344.9 324.7 316.4 312.3 292.5 294.9 274.1 261.8 257.5 256.4 233.9 232.0 226.1 202.0 188.5 179.3 168.5 151.7 144.9 133.5 115.6 115.5 101.6 94.6 87.4 82.4 73.8 70.0 63.7 46.2 40.9 36.2 32.3 29.4 24.6 23.0 21.5 20.1 17.1 13.7 11.8 10.3 8.1 5.3 3.0 0.6 (2.4) (3.2) (5.2) (6.7) (6.0) (8.9) (5.3) (2.8) (7.4) (10.2) 9.4 9.5 5.5 3.5 3.0
Operating Income 577 422 474 494 458 103 425 436 364 346.4 381 332 384 282.2 333.2 317.9 267.3 249.7 282.1 278.7 297.7 228.6 288.4 282.5 253.5 313.0 285.4 291.8 279.5 270.7 265.8 215.0 225.9 232.0 224.9 184.9 167.2 184.5 169.9 151.7 112.7 135.9 140.9 139.1 151.4 127.8 135.1 124.7 121.6 125.0 115.2 116.0 104.8 102.0 92.8 102.1 100.7 82.9 77.4 74.9 71.3 54.5 52.0 40.2 48.0 50.8 45.6 41.0 43.7 24.6 21.5 13.3 14.0 0.8 6.1 2.4 0.8 11.0 (3.1) (3.2) (2.8) (31.0) 0.2 (2.5) (3.5) (20.5) (4.6) (7.2) (9.8) (12.6) (14.3) (16.2) (20.8) (17.6) (36.1) (31.8) (16.2) (17.8) (72.6) (29.9) (35.0) (38.7) (29.9) (24.5) (14.0)
Net Income 415 265 374 368 343 (14) 297 301 231 227.6 275.8 207 259 128.8 211.8 216.3 147.5 123.3 152.2 68.3 156.4 51.0 66.7 133.3 118.8 125.0 120.8 143.5 118.1 110.0 124.8 67.6 62.9 65.2 79.9 45.8 42.1 61.8 51.5 44.7 (31.1) 10.7 41.1 59.5 76.5 (355.1) 42.8 11.3 41.4 45.2 36.6 (28.7) 35.9 44.9 28.8 36.4 34.5 17.8 20.3 30.7 25.1 13.8 11.2 (2.3) 14.2 17.7 18.8 17.4 15.5 116.5 7.4 2.2 5.4 (6.1) 4.1 1.2 (4.5) 9.1 (5.2) (5.3) (5.1) (32.6) (0.8) (3.4) (5.8) (22.7) (6.6) (9.2) (30.1) (17.7) (19.7) (21.2) (25.6) 60.7 (44.1) (24.6) (13.7) (27.4) (81.6) (37.9) (41.5) (42.9) (32.1) (26.8) (18.0)
EPS (Diluted) 4.20 2.69 3.81 3.75 3.50 -0.14 3.10 3.16 2.43 2.40 2.93 2.21 2.77 1.39 2.30 2.37 1.62 1.36 1.68 0.76 1.74 0.57 0.74 1.52 1.38 1.46 1.41 1.69 1.44 1.36 1.55 0.85 0.79 0.82 1.02 0.58 0.57 0.86 0.72 0.64 -0.46 0.18 0.71 1.03 1.34 -6.42 0.79 0.22 0.81 0.88 0.83 -0.58 0.65 0.88 0.54 0.73 0.71 0.38 0.20 0.64 0.53 0.30 0.24 -0.05 0.35 0.46 0.47 0.44 0.40 3.15 0.15 0.02 0.10 -0.19 0.12 0.04 -0.15 0.32 -0.18 -0.19 -0.18 -1.35 -0.03 -0.14 -0.26 -1.23 -0.36 -0.51 -2.00 -1.90 -2.12 -2.44 -3.00 19.30 -14.01 -7.94 -5.15 -11.09 -32.97 -15.49 -17.37 -30.09 -22.51 -20.45 -76.67
Balance Sheet
Cash & Equivalents 1,362 1,727 2,077 3,660 2,950 3,081 2,776 1,993 1,527 2,096 2,357.5 2,342.2 2,642.6 1,906.4 2,500.8 1,891.3 1,695.3 1,536.4 1,379.1 1,799.7 1,753.0 1,604.9 2,645.0 4,785.1 1,171.3 1,869.6 1,402.4 1,613.5 1,633.8 606.2 870.5 966.3 2,023.8 1,412.5 1,600.0 1,063.8 4,923.3 748.5 987.9 483.2 633.8 2,228.8 335.5 336.1 536.7 610.9 354.2 408.3 495.2 261.9 399.7 517.5 685.0 252.2 239.7 654.1 632.9 278.8 370.5 297.9 304.5 442.8 389.1 511.3 1,039.3 346.1 283.1 405.2 222.0 220.2 160.7 151.1 260.8 290.6 343.5 234.6 327.7 82.6 84.6 77.3 81.1 119.3 42.6 67.1 44.2 25.9 42.6 51.6 68.8 26.9 21.7 24.3 21.0 41.2 9.3 16.8 33.8 58.8 84.7 124.0 165.9 174.8 273.9 148.9 187.7
Total Assets 40,898 40,141 38,060 38,849 36,079 35,085 35,438 32,854 31,937 32,651 31,684.6 31,566.9 31,274.2 30,310.7 29,325.9 29,038.2 28,023.2 27,918.7 27,774.1 27,930.4 27,317.0 27,038.8 26,436.7 27,792.6 23,590.7 23,965.6 22,842.3 22,886.5 22,491.1 20,244.6 20,288.1 20,070.3 19,941.9 18,696.1 18,308.5 17,473.9 17,184.7 12,608.4 13,097.6 13,269.0 13,495.8 10,356.7 7,705.7 7,826.0 7,727.7 7,817.4 7,462 7,601.8 7,730.6 7,492.4 7,384.7 7,077.8 7,611.4 6,133.0 5,991.0 5,724.7 5,884.3 5,785.3 5,730.7 4,969.2 4,652.5 4,448.0 4,480.9 4,287.4 3,667.8 3,038.2 2,962.6 2,843.4 2,417.0 2,448.3 2,291.9 2,331.0 2,286.8 2,181.9 2,130.6 1,175.5 1,073.7 771.8 730.6 683.2 669.4 681.0 533.4 527.0 518.0 501.8 467.5 464.7 467.2 464.5 424.4 437.4 451.5 492.0 428.3 470.4 531.7 575.1 648.7 708.8 747.8 683.5 700.7 450.5 332.0
Total Debt 23,307 22,726 20,982 21,851 19,650 18,961 19,188 17,975 17,277 17,454 17,381.3 17,177.8 17,013.2 16,469.6 16,023.5 16,328.9 15,059.3 14,992.5 15,061.7 15,170.4 14,606.0 13,923.3 13,742.0 15,470.1 13,079.6 13,287.3 12,259.7 12,267.8 12,398.4 11,332.5 11,354.6 11,390.0 11,103.8 10,080.4 10,025.6 9,289.1 9,181.4 6,759.6 6,925.3 7,001.2 7,181.8 6,521.0 4,636.4 4,710.0 4,666.6 4,644.0 3,983.7 3,936.2 4,279.4 4,158.7 4,046.6 3,941.7 4,523.8 3,010.7 2,956.5 2,893.5 3,082.4 3,099.1 3,059.5 2,257.9 2,124.4 2,048.6 2,131.6 2,059.4 2,111.8 1,485.0 1,496.3 1,452.3 1,191.0 1,203.7 1,193.7 1,192.0 1,162.2 1,106.1 1,058.6 543.1 499.5 279.8 280.5 241.2 240.6 269.7 137.9 138.1 138.7 157.3 119.3 119.1 116.5 98.6 152.5 152.0 152.9 155.0 248.1 254.3 281.6 306.4 165.1 353.7 324.4 196.8 201.4 197.7 196.4
Stockholders' Equity 14,298 14,156 14,157 14,084 13,889 13,528 13,588 12,278 12,299 12,489 11,886.9 12,024.1 12,029.0 11,506.0 11,154.4 10,629.8 10,942.9 10,882.1 10,568.8 10,646.5 10,576.8 10,634.0 10,555.8 10,388.3 8,669.4 8,840.6 8,761.1 8,749.2 8,425.1 7,219.3 7,160.2 6,924.5 7,140.6 6,849.8 6,542.2 6,523.7 6,517.8 4,365.8 4,623.7 4,705.5 4,819.1 2,745.4 1,488.7 2,202.6 2,161.7 2,270.1 2,597.7 2,683.1 2,517.0 2,459.1 2,453.0 2,311.9 2,342.3 2,313.4 2,233.6 2,067.6 2,060.5 1,952.2 2,024.5 2,064.2 1,987.4 1,880.5 1,854.0 1,750.2 1,187.5 1,182.5 1,134.4 1,092.6 933.2 916.7 837.2 878.7 843.1 814.4 814.7 442.7 425.1 355.0 327.6 317.1 306.9 288.7 315.1 311.1 309.4 273.7 291.2 296.3 302.9 320.1 231.6 249.0 259.1 284.2 147.9 190.3 205.6 203.5 227.7 304.4 337.2 375.1 412.7 188.6 96.2
Cash Flow
Operating Cash Flow 717 1,144 1,014 944 809 981 758 912 598 1,026.3 785.2 741.3 675.8 760.2 820.3 801.6 581.1 892.1 664.7 599.2 391.2 686.1 532.2 574.7 516.8 529.7 499.0 542.9 421.1 558.6 417.2 538.7 300.9 494.9 390.5 306.5 247.4 299.3 334.2 278.8 104.3 235.1 214.4 212.5 232.8 202.3 216.4 99.0 171.7 166.7 206.6 147.2 84.2 209.1 102.2 194.8 126.0 187.6 141.9 142.9 115.2 122.9 113.3 56.9 99.8 82.5 107.5 78.7 86.7 76.3 63.3 65.0 63.0 13.9 48.4 37.9 19.9 25.9 20.7 16.1 12.8 18.6 15.5 18.1 15.4 10.6 10.9 8.9 6.5 3.1 1.9 (2.7) (19.6) 2.2 (3.9) (23.8) (2.0) (16.8) (14.2) (18.4) (19.4) (30.7) (12.5) (20.7) (4.2)
Capital Expenditure (1,256) (1,436) (1,136) (989) (750) (987) (724) (648) (707) (995.7) (617.5) (638.2) (529.6) (827.9) (552.7) (484.8) (412.5) (817.4) (678.3) (692.2) (563.6) (834.3) (565.3) (481.9) (400.9) (714.6) (556.8) (444.2) (364.0) (680.7) (545.5) (520.2) (349.7) (432.7) (320.2) (348.6) (277.2) (386.3) (279.5) (249.9) (197.7) (280.6) (216.0) (221.3) (150.1) (238.5) (156.0) (159.8) (105.9) (202.8) (171.0) (122.9) (75.7) (210.4) (212.1) (196.5) (145.5) (194.2) (131.5) (200.5) (187.5) (158.2) (144.0) (148.7) (143.4) (129.1) (88.7) (76.8) (75.0) (149.6) (85.2) (107.6) (128.7) (121.0) (153.9) (188.9) (73.6) (49.6) (46.6) (39.4) (26.6) 57.2 (41.8) (9.9) (5.5) (6.2) (7.6) (4.1) (5.1) (4.9) (1.4) (1.1) (0.3) (1.4) (1.1) (1.2) (2.8) 19.4 (35.1) (7.4) (34.7) (201.1) 4.3 (137.4) (36.5)
Free Cash Flow (539) (292) (122) (45) 59 (6) 34 264 (109) 30.6 167.6 103.1 146.2 (67.7) 267.6 316.8 168.6 74.7 (13.5) (93.0) (172.4) (148.2) (33.1) 92.7 115.9 (184.9) (57.8) 98.8 57.2 (122.0) (128.4) 18.5 (48.8) 62.2 70.3 (42.1) (29.9) (87.0) 54.7 29.0 (93.4) (45.5) (1.6) (8.9) 82.7 (36.2) 60.4 (60.9) 65.8 (36.1) 35.5 24.3 8.5 (1.3) (110.0) (1.7) (19.5) (6.6) 10.3 (57.6) (72.3) (35.3) (30.7) (91.8) (43.6) (46.6) 18.9 1.9 11.7 (73.3) (21.9) (42.7) (65.7) (107.1) (105.5) (151.0) (53.7) (23.8) (26.0) (23.3) (13.8) 75.8 (26.3) 8.3 9.9 4.5 3.3 4.8 1.4 (1.8) 0.5 (3.8) (19.9) 0.8 (5.0) (25.0) (4.9) 2.6 (49.3) (25.8) (54.1) (231.8) (8.2) (158.1) (40.7)