FedEx Corporation logo FDX - FedEx Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 27
HOLD 19
SELL 3
STRONG
SELL 0
| PRICE TARGET: $366.25 DETAILS
HIGH: $479.00
LOW: $210.00
MEDIAN: $359.50
CONSENSUS: $366.25
DOWNSIDE: 7.09%
Annual Quarterly
Metric 2026 Q3 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 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 1999 Q4
Revenue
Revenue 24,000 23,469 22,244 22,220 22,160 21,967 21,579 22,109 21,738 22,165 21,681 21,930 22,169 22,814 23,242 24,394 23,641 23,404 21,938 22,565 21,480 20,493 19,321 17,358 17,487 17,324 17,048 17,807 17,010 17,824 17,052 17,314 16,526 16,313 15,297 15,728 14,997 14,931 14,663 12,979 12,114 11,716 11,939 11,684 11,839 11,301 11,403 11,024 11,435 10,953 11,107 10,792 11,008 10,564 10,587 10,521 10,552 9,663 9,632 9,457 9,428 8,701 8,596 8,009 7,852 8,137 9,538 9,970 9,866 9,437 9,451 9,199 9,151 8,592 8,926 8,545 8,494 8,003 8,090 7,707 7,715 7,339 7,334 6,975 7,041 6,062 5,920 5,687 5,830 5,667 5,416 5,135 5,116.6 4,894.9 4,778.7 4,848.8 4,518.1 4,570.1 4,320 4,383.5
Cost of Revenue 17,765 17,269 17,550 16,911 17,429 17,388 17,203 16,986 17,199 17,588 16,968 16,687 17,594 18,173 18,535 18,646 18,750 18,532 17,417 17,376 17,335 16,232 15,062 13,894 14,375 14,052 13,552 13,602 13,612 14,073 13,579 13,229 13,260 12,656 11,910 11,832 11,812 11,563 11,328 11,195 11,264 9,229 9,398 9,230 9,132 9,145 9,098 8,819 8,898 8,899 8,961 8,654 5,850 3,936 3,910 3,933 3,909 1,529 2,173 2,130 1,386 1,841 1,716 1,067 932 1,536 1,627 2,726 5,032 1,230 1,222 1,186 1,182 1,196 1,168 1,140 1,128 1,154 1,168 1,330 1,172 1,170 1,168 1,118 1,136 948 894 858 884 930 864 944 868.6 814.7 781.4 1,930.7 386.5 787.0 2,294.8 (5,230.2)
Gross Profit 6,235 6,200 4,694 5,309 4,731 4,579 4,376 5,123 4,539 4,577 4,713 5,243 4,575 4,641 4,707 5,748 4,891 4,872 4,521 5,189 4,145 4,261 4,259 3,464 3,112 3,272 3,496 4,205 3,398 3,751 3,473 4,085 3,266 3,657 3,387 3,896 3,185 3,368 3,335 1,784 850 2,487 2,541 2,454 2,707 2,156 2,305 2,205 2,537 2,054 2,146 2,138 5,158 6,628 6,677 6,588 6,643 8,134 7,459 7,327 8,042 6,860 6,880 6,942 6,920 6,601 7,911 7,244 4,834 8,207 8,229 8,013 7,969 7,396 7,758 7,405 7,366 6,849 6,922 6,377 6,543 6,169 6,166 5,857 5,905 5,114 5,026 4,829 4,946 4,737 4,552 4,191 4,248.0 4,080.2 3,997.4 2,918.1 4,131.6 3,783.1 2,025.2 9,613.7
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 0 4,822 3,396 3,322 3,260 3,201 3,168 3,136 3,182 3,156 3,123 3,476 3,407 3,429 3,464 3,856 3,429 3,301 3,092 3,222 3,111 2,818 2,669 2,620 2,701 2,652 2,519 2,573 2,483 2,583 2,402 2,377 2,408 2,395 2,270 2,130 2,082 2,143 2,003 417 403 0 0 0 407 0 0 0 424 0 0 4,103 2,221 4,021 3,982 4,004 3,866 5,895 3,779 3,803 5,571 3,549 3,424 5,009 4,871 3,414 5,296 4,202 1,797 4,208 4,121 4,076 4,106 4,012 4,110 3,855 3,830 3,739 3,665 3,727 3,673 3,611 3,514 3,479 3,518 3,123 3,006 2,999 2,927 2,868 2,818 2,703 2,604.9 2,407.2 2,385.4 2,358.9 2,313 2,267.3 2,197.5 2,173.6
Other Expenses 4,887 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,852 1,895 1,525 1,528 1,467 1,524 1,515 1,478 1,410 1,439 1,418 1,428 573 543 543 518 509 499 493 502 479 488 488 487 495 496 496 491 1,795 (6,202) 4,588 4,547 4,309 4,033 3,939 3,977 3,906 3,737 3,551 3,635 2,668 2,678 2,606 2,580 2,448 2,403 2,163 2,108 2,034 2,044 2,036 1,899 1,832 2,011.1 1,829.1 1,832.3 1,811.6 1,741.7 1,773.2 1,008.6 3,530.7
Operating Expenses 4,887 4,822 3,396 3,322 3,260 3,201 3,168 3,136 3,182 3,156 3,123 3,476 3,407 3,429 3,464 3,856 3,429 3,301 3,092 3,222 3,111 2,818 2,669 2,620 2,701 2,652 2,519 2,573 2,483 2,583 2,402 2,377 2,408 2,395 2,270 2,130 2,082 2,143 2,003 1,852 1,895 1,525 1,528 1,467 1,524 1,515 1,478 1,410 1,439 1,418 1,428 1,396 2,764 5,815 5,897 5,851 5,754 6,388 5,667 5,497 6,059 5,258 5,123 5,504 5,367 5,201 5,787 8,723 (4,405) 8,796 8,668 8,385 8,139 7,951 8,087 7,761 7,567 7,290 7,300 6,395 6,351 6,217 6,094 5,927 5,921 5,286 5,114 5,033 4,971 4,904 4,717 4,535 4,616.0 4,236.3 4,217.8 4,170.5 4,054.7 4,040.5 3,206.1 5,704.3
Operating Income
Operating Income 1,348 1,378 1,298 1,987 1,471 1,378 1,208 1,987 1,357 1,421 1,590 1,767 1,168 1,212 1,243 1,892 1,462 1,571 1,429 1,967 1,034 1,443 1,590 844 411 620 977 1,632 915 1,168 1,071 1,708 858 1,262 1,117 1,766 1,103 1,225 1,332 (68) (1,321) 962 1,013 987 1,183 641 827 795 502 589 718 742 856 813 780 737 888 393 469 628 696 416 571 315 (849) 182 784 630 (163) 641 783 814 1,012 641 839 784 927 713 790 584 740 552 600 579 685 372 183 200 492 427 416 433 223.2 345.4 311.0 426.3 206.5 304.5 (626) 3,904.6
Interest Expense 0 135 119 124 116 102 84 96 91 97 91 105 122 127 142 211 163 155 160 186 187 184 184 174 155 151 137 136 135 129 112 147 125 124 114 142 122 119 113 97 0 58 47 48 0 38 30 27 0 9 18 10 0 12 7 11 12 24 23 18 0 19 15 18 0 19 10 9 0 10 15 25 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 53 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17 0 0 0 0 14 0 0 0 18 0 0 0 21 0 0 0 13 0 0 0 0 0 0 0 8 0 0 0 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 0 0 0
Profitability
EBITDA 2,460 2,357 2,345 3,404 2,363 2,146 2,218 3,228 2,346 2,339 2,585 3,308 2,175 2,232 2,320 1,913 2,524 2,530 2,588 3,774 2,192 2,526 2,716 782 1,483 1,624 2,012 (1,552) 1,917 2,134 2,021 2,307 1,785 2,019 1,847 2,356 1,783 1,937 1,994 150 (768) 1,614 1,664 1,638 1,835 1,293 1,474 1,434 1,046 1,235 1,310 1,315 1,309 1,356 1,298 2,584 1,388 2,239 962 1,100 1,062 888 1,049 807 (463) 1,969 2,615 2,425 4,013 (94) 43 103 1,321 1,090 1,269 1,183 1,170 1,104 1,176 954 563 920 917 296 872 674 260 261 791 (960) 716 659 1,845.8 148.3 86.2 758.8 (1,033.1) 23.0 (903.6) 5,705.9
EBIT 1,348 1,289 1,253 2,347 1,297 1,083 1,140 2,124 1,274 1,299 1,514 2,233 1,144 1,186 1,296 895 1,538 1,535 1,617 2,799 1,236 1,590 1,790 (145) 575 723 1,133 (2,418) 1,066 1,306 1,213 1,505 999 1,263 1,096 1,602 1,021 1,197 1,255 (69) (1,100) 1,038 1,088 1,062 1,186 641 827 795 424 636 718 742 (3,123) 813 780 2,075 886 1,746 460 621 (2,885) 400 562 312 (4,768) 1,473 2,124 1,933 3,514 1,950 2,133 2,000 (170) 641 839 784 (201) 713 790 584 192 552 (554) 1,062 (16) (160) (76) 522 (25) (1,298) (165) 317 (368.0) (156.1) (1,257) (1,252.4) (1,326.8) (1,254.8) (1,180.9) 3,909.4
Income Before Tax 1,263 1,289 1,134 2,223 1,181 981 1,056 2,028 1,183 1,202 1,423 2,128 1,022 1,059 1,154 684 1,375 1,380 1,457 2,613 1,049 1,406 1,606 (319) 420 572 996 (2,554) 931 1,177 1,101 1,358 874 1,139 982 1,460 899 1,078 1,142 (181) (1,190) 909 971 937 1,137 594 792 766 472 564 692 727 848 792 777 724 865 360 437 603 672 381 547 294 (874) 159 774 618 (167) 628 768 787 993 629 823 770 907 683 760 549 711 514 554 534 643 334 146 196 451 395 371 395 179.7 315.1 274.2 404.9 187.0 282.9 262.8 372.0
Income Tax Expense 207 333 310 575 272 240 262 554 304 302 345 590 251 271 279 126 263 336 345 745 157 180 361 15 105 12 251 (585) 192 242 266 231 (1,200) 364 386 440 337 378 427 (111) (438) 329 355 331 407 216 292 277 169 203 254 268 298 271 280 260 307 129 154 223 253 142 202 113 2 62 281 234 74 235 289 293 383 209 312 295 339 255 289 210 263 197 200 204 231 127 55 68 171 150 135 150 66.5 121.3 105.6 159.9 73.9 111.7 103.8 150.6
Net Income 1,056 956 824 1,648 909 741 794 1,474 879 900 1,078 1,538 771 788 875 558 1,112 1,044 1,112 1,868 892 1,226 1,245 (334) 315 560 745 (1,969) 739 935 835 1,127 2,074 775 596 1,020 562 700 715 (70) (752) 580 616 606 730 378 500 489 303 361 438 459 550 521 497 464 558 231 283 380 419 239 345 181 (876) 97 493 384 (241) 393 479 494 610 420 511 475 568 428 471 339 448 317 354 330 412 207 91 128 280 245 236 245 113.2 193.8 168.7 245.0 113.1 171.2 159 221.3
Per Share Data
EPS (Basic) 4.35 3.93 3.48 6.92 3.79 3.07 3.24 5.94 3.55 3.59 4.29 6.12 3.07 3.08 3.38 2.14 4.20 3.94 4.17 6.89 3.36 4.64 4.75 -1.28 1.21 2.15 2.86 -7.57 2.83 3.56 3.15 4.24 7.74 2.89 2.22 3.80 2.11 2.63 2.69 -0.26 -2.66 2.21 2.34 2.29 2.56 1.24 1.58 1.54 0.96 1.14 1.39 1.46 1.75 1.66 1.57 1.46 1.76 0.73 0.90 1.21 1.34 0.76 1.10 0.58 -2.82 0.31 1.59 1.24 -0.78 1.27 1.55 1.60 1.98 1.37 1.67 1.55 1.83 1.41 1.55 1.12 1.46 1.05 1.18 1.10 1.36 0.69 0.31 0.43 0.92 0.82 0.79 0.82 0.39 0.68 0.59 0.83 0.39 0.58 0.53 0.74
EPS (Diluted) 4.35 3.93 3.46 6.88 3.76 3.03 3.21 5.94 3.51 3.55 4.24 6.05 3.04 3.07 3.34 2.13 4.20 3.88 4.09 6.88 3.30 4.55 4.72 -1.28 1.20 2.13 2.84 -7.55 2.80 3.51 3.10 4.15 7.59 2.84 2.19 3.75 2.07 2.59 2.65 -0.26 -2.66 2.18 2.31 2.26 2.46 1.23 1.57 1.53 0.95 1.13 1.39 1.45 1.73 1.65 1.57 1.46 1.75 0.73 0.89 1.20 1.32 0.76 1.10 0.58 -2.81 0.31 1.58 1.23 -0.77 1.26 1.54 1.58 1.96 1.35 1.64 1.53 1.83 1.38 1.53 1.10 1.46 1.03 1.15 1.08 1.36 0.68 0.30 0.42 0.92 0.81 0.78 0.81 0.39 0.67 0.58 0.83 0.39 0.57 0.52 0.74
Shares Outstanding 243 243 243 238 240 242 247.4 246.1 247 250 251 251.2 251 255 259 261 261 265 266 271 265 264 262 261 261 261 260 260.0 261 262 265 265.9 268 268 268 268.3 266 266 265 265.5 282.4 283 283 285 285.4 303 315 316 316.6 315 314 315 315 314 315 316 317 315 314 314 312 312 312 312 311 311 311 311 309 309 309 312 309.0 306.6 306.0 306.5 305.9 303.5 303.9 302.7 303.2 301.9 300 300 303.4 300 293.5 297.7 298.1 298 299.3 298 293.5 285.0 284.7 285.4 290 295.2 298.2 299.3
Metric 2026 Q3 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 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 8,008 6,570 6,166 5,502 5,135 5,029 5,943 6,501 5,644 6,729 7,055 6,856 5,373 4,646 6,850 6,897 6,065 6,833 6,853 7,087 8,856 8,339 6,954 4,881 1,766 2,031 2,389 2,319 2,872 2,123 2,369 3,265 2,789 2,768 3,503 3,969 3,173 3,059 2,989 3,534 1,465 1,789 2,292 1,542 1,573 1,770 1,030 706 538 519 233 331 220 139.9 654.8 176.6 68.0 129.5 517.9 379.7 325.3 139.1 664.4 195.2 229.6 144.5 193.2 209.8 160.9 100.3 111.7 154.9 93.4 104 115.1 206.8 357.5 259.2 246 415.8 392.9 229.6 359.3 225.7 155.5 95.3 192.4 177
Short-Term Investments 0 0 71 70 72 77 76 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 11,807 12,159 11,516 11,368 10,230 10,737 10,312 10,087 9,904 10,665 10,207 10,188 10,721 11,644 11,055 11,863 11,668 12,197 11,125 12,069 11,481 11,417 10,508 10,102 9,323 9,709 9,312 9,116 9,037 9,573 8,716 8,481 8,671 8,655 8,006 7,599 7,418 7,575 7,233 7,252 3,771 3,410 3,391 4,103 4,361 3,925 2,758 2,625 2,627 2,642 2,550 2,491 2,433 2,707.0 2,673.3 2,588.1 2,547 2,487.7 2,378.9 2,144.5 2,153.2 2,099 2,102.8 1,976.8 1,943.4 1,987.8 1,746.6 1,771.1 1,878 1,513 1,398.8 1,291.8 1,271.6 1,272.3 1,283.5 1,193 1,130.3 1,140.8 1,152.7 1,037.6 1,020.5 1,016.2 987.6 922.7 922.7 908.4 908 864.8
Inventory 631 631 604 602 617 620 611 614 640 632 631 604 631 655 647 637 611 594 577 587 583 587 593 572 568 576 574 553 546 522 523 525 523 533 516 514 527 517 512 496 391 372 367 405 412 322 221 220 228 236 234 251 254 281.7 281.9 260.5 255.3 279.4 277.6 277.3 291.9 305 332.1 351.1 364.7 375 351.8 323.5 339.4 284.6 246.6 236.7 222.1 217 210.4 194.8 193.3 175.1 174.8 173.1 174 159.4 156.9 162.1 164.1 158.2 159 227.4
Other Current Assets 3,680 0 987 13 1,232 1,335 1,228 1,005 1,236 1,091 994 962 1,219 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 697 0 0 0 0 0 515 510 511 518 528 540 417 416 416 441 437 469 489 402.7 350.0 309.4 318.3 314.3 322.1 351.5 290.7 376 313 334.5 232.8 331.3 210 210.1 265.4 177.8 152.2 128.6 141.2 158.1 138.4 135.9 188 180.9 172.4 176 174.3 193.8 189.6 186 197.4 87.1 70.9 0
Total Current Assets 25,477 20,653 19,344 18,386 17,214 17,721 18,094 18,207 17,424 19,117 18,887 18,577 17,944 18,217 19,606 20,365 19,466 20,747 19,546 20,580 21,710 21,265 18,903 16,383 12,541 13,198 13,017 13,086 13,500 13,438 12,641 13,341 13,575 12,881 12,722 12,628 11,938 12,052 11,401 11,989 6,434 6,388 7,116 6,834 7,174 6,767 4,559 4,093 3,941 3,963 3,699 3,665 3,525 3,648.4 4,048.6 3,409.1 3,284.7 3,319.3 3,569.5 3,153 3,141.0 2,919.1 3,412.3 2,857.6 2,880.1 2,838.6 2,501.6 2,514.5 2,643.7 2,075.7 1,909.3 1,812 1,728.3 1,751.4 1,747.4 1,730.5 1,869.1 1,756 1,745.9 1,802.5 1,761.7 1,599 1,693.4 1,496.5 1,439.7 1,249 1,330.3 1,269.2
Non-Current Assets
Property, Plant & Equipment 41,539 41,322 57,752 58,095 57,432 57,827 58,349 58,606 58,464 58,775 58,501 58,045 57,259 57,094 56,025 54,704 53,981 53,171 51,895 51,135 49,954 49,455 48,758 47,525 47,287 46,505 45,429 30,429 29,768 29,387 28,779 28,154 27,697 27,290 26,235 25,981 25,613 25,307 24,804 24,284 13,937 13,538 13,417 13,610 13,533 12,169 8,813 8,685 8,700 8,542 8,522 8,302 8,344 7,994.2 7,210.2 7,117.1 7,083.5 6,986.5 6,869.4 6,688.4 6,559.2 6,403.2 6,271 6,132.8 5,935.1 5,683.4 4,846.5 4,711.9 5,470.4 4,447 4,383.6 4,202.3 4,116.6 4,053.1 4,021.2 3,849.4 3,715.2 3,557.3 3,533.6 3,483.5 3,449.1 3,427 3,467.2 3,498.6 3,476.3 3,560.5 3,582.1 3,402.2
Goodwill 6,758 6,626 6,672 6,603 6,332 6,290 6,512 6,423 6,425 6,468 6,422 6,435 6,455 6,377 6,316 6,544 6,755 6,702 6,843 6,992 6,977 6,702 6,633 6,372 6,814 6,861 6,821 6,884 6,916 6,908 6,869 6,973 7,464 7,325 7,382 7,154 7,000 6,921 6,783 6,747 2,237 2,233 2,229 3,121 3,160 3,136 1,063 1,063 1,063 1,063 1,063 1,063 1,027 1,098.0 499.8 494.9 500.5 466.2 439.6 0 344.0 0 0 0 356.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 301 0 0 0 352 0 0 0 322 0 0 0 416 0 0 0 480 0 0 0 529 0 0 0 1,008 0 0 1,171 1,071 966 1,362 0 0 0 0 0 0 0 0 0 0 0 0 0 341 0 347 350 353.1 0 359.5 357.8 361.6 370.3 369 372.9 376.9 380.7 384.7 388.6 392.9 397.3 400.8 406.7 410.8 415.2 419.6 423.7 428 432.2 473.8 478.4 483.9
Long-Term Investments 0 0 535 506 447 400 414 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 20,959 20,580 4,113 4,037 3,618 3,243 3,342 2,458 3,801 3,691 3,766 4,053 4,117 3,903 3,879 4,080 3,906 3,627 3,764 3,718 4,152 3,734 3,354 2,935 3,372 3,390 3,185 3,588 4,280 3,556 3,612 3,382 3,115 2,785 3,011 2,260 2,230 2,068 2,587 1,931 1,986 1,698 1,482 1,748 1,310 1,539 1,779 1,624 1,269 915 719 782 801 779.2 728.7 736.7 657 743.7 659.8 613.3 604.0 527.1 520.6 505.6 514.6 471.9 420 431.4 559.9 470.8 416.7 439.3 473.4 503.8 477.5 520.9 451.8 421.6 365.8 375.8 366.5 406.4 374.5 407.7 444.9 413.9 401.4 417.9
Total Non-Current Assets 69,256 68,528 69,072 69,241 67,829 67,760 68,617 68,800 68,690 68,934 68,689 68,533 67,831 67,374 66,220 65,629 64,642 63,500 62,502 62,197 61,083 59,891 58,745 57,154 57,473 56,756 55,435 41,317 40,964 39,851 39,260 38,989 38,276 37,400 36,628 35,924 34,843 34,296 34,174 34,075 18,160 17,469 17,128 19,550 18,969 18,206 11,655 11,372 11,444 10,520 10,304 10,147 10,172 9,871.3 8,438.6 8,348.6 8,242.4 8,196.3 7,968.8 7,642.7 7,507.2 7,277.3 7,141.6 6,991.5 6,805.9 6,514.8 5,624.3 5,504.9 6,400.6 5,286.8 5,173.2 5,018.5 4,970.7 4,941.6 4,887.3 4,763.2 4,564.3 4,379.7 4,306.1 4,270.1 4,230.8 4,253 4,265.4 4,334.3 4,353.4 4,448.2 4,461.9 4,304
Total Assets 94,733 89,181 88,416 87,627 85,043 85,481 86,711 87,007 86,114 88,051 87,576 87,110 85,775 85,591 85,826 85,994 84,108 84,247 82,048 82,777 82,793 81,156 77,648 73,537 70,014 69,954 68,452 54,403 54,464 53,289 51,901 52,330 51,851 50,281 49,350 48,552 46,781 46,348 45,575 46,064 24,594 23,857 24,244 26,384 26,143 24,973 16,214 15,465 15,385 14,483 14,003 13,812 13,697 13,519.7 12,487.2 11,757.8 11,527.1 11,515.7 11,538.2 10,795.7 10,648.2 10,196.4 10,553.9 9,849.1 9,686.1 9,353.4 8,125.9 8,019.4 9,044.3 7,362.5 7,082.5 6,830.5 6,699 6,693 6,634.7 6,493.7 6,433.4 6,135.7 6,052 6,072.6 5,992.5 5,852 5,958.8 5,830.8 5,793.1 5,697.2 5,792.2 5,573.2
Current Liabilities
Account Payables 4,154 4,664 4,223 3,692 3,604 3,896 3,738 3,189 3,780 4,002 3,794 3,848 3,987 3,989 4,167 4,030 4,187 4,190 3,822 3,841 3,990 3,733 3,339 3,269 3,193 3,283 3,179 3,030 3,156 3,400 3,066 2,977 3,102 3,147 2,938 2,752 2,707 2,954 2,851 2,944 1,417 1,311 1,372 1,878 2,050 1,888 1,463 1,136 1,168 1,207 1,089 1,133 1,073 1,192.5 1,287.8 1,101.8 1,121 1,065.8 1,119.5 1,034.5 1,134.0 996.7 1,099.1 1,031.7 1,145.4 1,145.3 867.6 841.8 1,077.4 832.8 772.9 741.7 705.5 683.6 652.1 603.4 618.6 546 530.4 487.2 518.8 494.2 486.5 432.4 554.1 440.2 466.5 428.8
Short-Term Debt 2,422 901 883 1,428 611 592 622 68 67 334 351 126 147 172 139 50 116 117 125 50 646 97 87 0 335 150 0 964 1,198 892 1,703 1,342 1,563 261 19 22 45 43 47 29 40 158 653 1,089 1,001 1,259 332 280 308 31 127 6 288 42.8 23.1 23.1 7 251.2 207.6 2.6 14.9 216.5 536.6 265.5 257.5 273.5 274.5 148.4 356.6 11 10 7.9 8 181 181 256.5 255.4 80.5 80.5 193.2 198.2 198.2 302.3 130.7 133.8 132.7 172.1 166
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 2,722 0 1,648 0 0 0 1,916 0 0 0 1,647 0 0 0 1,780 0 0 0 2,277 0 0 0 1,133 0 0 0 1,316 0 0 0 1,679 0 0 0 1,483 0 0 0 1,494 1,028 884 861 920 0 0 0 0 (1,168) 0 0 (1,133) 0 0 0 0 0.4 0 0 1,640.9 0 1,502.2 1,569.8 1,494.2 0 923.4 806.8 804.1 893.2 701.9 711.4 715.3 639.1 677.2 689 669.1 776.5 608.4 617.8 623.9 602.3 563.3 607.1 627.3 761.4 757 829.2 825.7
Total Current Liabilities 17,287 16,214 15,524 15,411 13,896 14,392 14,111 13,355 13,308 14,248 13,811 13,586 13,580 14,039 13,765 14,274 13,990 13,884 12,910 13,660 13,566 12,115 11,195 10,344 10,325 10,547 9,935 9,013 9,256 9,496 9,606 9,627 9,503 8,227 7,790 7,918 7,450 7,807 7,474 8,008 4,119 3,886 4,524 5,523 5,519 5,770 3,716 3,241 3,335 3,216 3,052 2,853 3,104 2,865.3 3,018.5 2,836.9 2,892 2,923.7 2,999.3 2,678 2,784.8 2,715.4 3,205.5 2,791.4 2,803.8 2,516.2 2,102.2 2,035.8 2,470.7 1,666.2 1,640 1,602.9 1,506.5 1,690.1 1,657.3 1,659.7 1,650.5 1,417.2 1,403.5 1,494.5 1,450.1 1,386.4 1,513.6 1,310.4 1,449.3 1,329.9 1,467.8 1,420.5
Non-Current Liabilities
Long-Term Debt 22,831 20,294 20,291 19,151 19,530 19,433 19,664 20,135 20,122 20,193 20,145 20,453 20,122 20,076 19,918 19,746 20,393 20,386 20,554 20,304 22,797 23,221 23,204 21,518 18,973 18,599 18,632 16,617 17,218 16,399 15,241 15,243 16,017 15,180 15,137 14,909 14,713 13,553 13,735 13,733 1,918 1,918 1,930 918 1,007 2,005 1,893 1,815 1,709 1,775 1,775 1,800 1,809 2,658.8 2,230.2 1,894.9 1,776 1,855.8 1,850.0 1,359.7 1,359.7 1,362.1 1,362 1,371.3 1,385.2 1,499.7 1,286.6 1,438.2 1,598 1,539.9 1,331.1 1,317.8 1,325.3 1,327.4 1,336.4 1,318.7 1,324.7 1,449.2 1,470.5 1,588.1 1,632.2 1,673.4 1,669.8 1,882.6 1,882.3 1,970.3 1,967.8 1,850.6
Deferred Tax Liabilities 3,841 3,895 4,050 4,205 4,308 4,436 4,485 4,482 4,378 4,386 4,450 4,489 4,313 4,188 4,134 4,093 4,331 4,162 3,969 3,927 3,563 3,471 3,171 3,162 3,101 3,072 2,953 2,821 3,211 3,253 2,948 2,867 2,401 3,088 2,730 2,485 2,299 2,148 1,762 1,567 1,228 1,132 1,071 1,511 1,484 1,402 914 917 882 611 559 599 561 439.4 305.3 306 344.6 327.2 299.7 287.6 293.5 283.9 271.8 268.9 274.1 227.6 169.5 170.2 181.8 127.1 97.5 64.7 64 36 52.1 55.5 56 5.4 2 7.1 3.6 913.6 873.9 853.8 72.5 724.4 711.5 711.1
Other Non-Current Liabilities 6,825 6,688 6,639 6,514 6,235 6,047 6,306 6,400 7,053 7,236 7,298 7,164 7,654 7,883 7,751 8,019 6,418 6,920 6,912 6,914 7,896 8,301 7,902 7,589 6,552 6,553 6,535 8,096 4,767 4,710 4,777 5,056 4,912 6,609 6,949 7,030 6,993 8,164 8,312 8,712 2,885 2,852 2,804 2,649 2,684 2,436 1,841 1,719 1,716 1,985 1,960 1,531 1,896 1,777.7 1,786.3 1,758.5 1,729 1,769.9 1,748.9 1,651.5 1,546.6 1,429.7 1,414.7 1,324.9 1,261.7 1,330.8 1,358.1 1,271.9 1,292.6 1,212.2 1,262 1,202.8 1,227.1 1,187.2 1,168.6 1,134.5 1,156.6 1,120 1,094.7 991.9 981.9 43.4 120.3 82.4 717.6 0 0 0
Total Non-Current Liabilities 47,642 44,827 45,121 44,142 44,439 44,629 45,424 46,070 46,431 47,037 47,231 47,469 47,462 47,437 46,921 46,781 45,592 45,423 44,817 44,949 47,246 48,002 46,991 44,898 40,858 40,748 40,351 27,633 25,314 24,499 23,122 23,287 23,454 24,999 24,942 24,561 24,147 24,010 23,959 24,167 6,307 6,185 6,094 5,380 5,484 6,193 5,088 4,897 4,762 4,371 4,294 4,414 4,266 4,875.8 4,321.7 3,959.3 3,850 3,952.9 3,898.6 3,298.8 3,199.8 3,075.7 3,048.5 2,965.1 2,921.0 3,058.1 2,814.2 2,880.3 3,072.4 2,879.2 2,690.6 2,585.3 2,616.4 2,550.6 2,557.1 2,508.7 2,537.3 2,574.6 2,567.2 2,587.1 2,617.7 2,630.4 2,664 2,818.8 2,672.4 2,694.7 2,679.3 2,561.7
Total Liabilities 64,929 61,041 60,645 59,553 58,335 59,021 59,535 59,425 59,739 61,285 61,042 61,055 61,042 61,476 60,686 61,055 59,582 59,307 57,727 58,609 60,812 60,117 58,186 55,242 51,183 51,295 50,286 36,646 34,570 33,995 32,728 32,914 32,957 33,226 32,732 32,479 31,597 31,817 31,433 32,280 10,426 10,071 10,618 10,903 11,003 11,963 8,804 8,138 8,097 7,587 7,346 7,267 7,370 7,741.2 7,340.2 6,796.2 6,741.9 6,876.6 6,897.8 5,976.8 5,984.5 5,791.1 6,254 5,756.5 5,724.8 5,574.3 4,916.4 4,916.1 5,543.1 4,545.4 4,330.6 4,188.2 4,122.9 4,240.7 4,214.4 4,168.4 4,187.8 3,991.8 3,970.7 4,081.6 4,067.8 4,016.8 4,177.6 4,129.2 4,121.7 4,024.6 4,147.1 3,982.2
Stockholders' Equity
Common Stock 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 32 31 31 31 31 31 31 30 30 30 30 30 30 30 29.9 29.9 29.9 29.9 29.9 29.9 29.8 29.8 14.9 14.8 14.7 14.7 14.7 11.5 11.5 14.8 11.4 11.4 5.7 5.7 5.7 5.7 5.6 5.6 5.6 5.6 5.6 5.6 5.6 5.5 5.5 0 0 0 0
Retained Earnings 42,864 42,154 41,538 41,402 39,754 39,175 38,767 38,649 37,174 36,605 36,021 35,259 34,040 33,557 33,060 32,782 32,225 31,307 30,462 29,817 27,924 27,208 26,108 25,216 25,569 25,431 25,048 24,648 26,650 26,080 25,315 24,823 23,710 21,785 21,156 20,833 19,830 19,410 18,862 18,371 13,342 13,031 12,919 13,733 13,274 11,391 6,439 6,349 6,250 5,853 5,608 5,465 5,277 4,770.9 4,649.3 4,460.8 4,295.0 4,053.8 3,945.3 3,774.8 3,615.8 3,409.3 3,331.5 3,148.7 2,972.1 0 0 0 2,621.5 0 0 0 1,766.6 0 0 0 1,466.4 0 0 0 1,162.2 0 0 0 969.5 967.3 956.8 918.8
Accumulated Other Comprehensive Income (1,220) (1,414) (1,371) (1,362) (1,499) (1,515) (1,332) (1,359) (1,335) (1,294) (1,356) (1,327) (1,308) (1,385) (1,314) (1,103) (887) (977) (881) (732) (764) (898) (1,020) (1,147) (887) (866) (918) (865) (737) (817) (763) (578) (357) (434) (325) (415) (334) (425) (176) (169) (1,334) (1,363) (1,373) (258) (115) (30) (20) (40) (30) (51) (51) (53) (66) (48.0) (51.5) (35.1) (36.1) (18.0) (23.1) 0 (24.7) (27.9) (23.4) (40.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 29,804 28,140 27,771 28,074 26,708 26,460 27,176 27,582 26,375 26,766 26,534 26,088 24,733 24,115 25,140 24,939 24,526 24,940 24,321 24,168 21,981 21,039 19,462 18,295 18,831 18,659 18,166 17,757 19,894 19,294 19,173 19,416 18,894 17,055 16,618 16,073 15,184 14,531 14,142 13,784 14,168 13,786 13,626 15,481 15,140 13,010 7,410 7,327 7,288 6,896 6,657 6,545 6,327 5,778.6 5,147.0 4,961.6 4,785.2 4,639.1 4,640.4 4,818.9 4,663.7 4,405.3 4,299.9 4,092.6 3,961.2 3,779.1 3,209.5 3,103.3 3,501.2 2,817.1 2,751.9 2,642.3 2,576.1 2,452.3 2,420.3 2,325.3 2,245.6 2,143.9 2,081.3 1,991 1,924.7 1,835.2 1,781.2 1,701.6 1,671.4 1,672.6 1,645.1 1,591
Total Liabilities & Equity 94,733 89,181 88,416 87,627 85,043 85,481 86,711 87,007 86,114 88,051 87,576 87,143 85,775 85,591 85,826 85,994 84,108 84,247 82,048 82,777 82,793 81,156 77,648 73,537 70,014 69,954 68,452 54,403 54,464 53,289 51,901 52,330 51,851 50,281 49,350 48,552 46,781 46,348 45,575 46,064 24,594 23,857 24,244 26,384 26,143 24,973 16,214 15,465 15,385 14,483 14,003 13,812 13,697 13,519.7 12,487.2 11,757.8 11,527.1 11,515.7 11,538.2 10,795.7 10,648.2 10,196.4 10,553.9 9,849.1 9,686.1 9,353.4 8,125.9 8,019.4 9,044.3 7,362.5 7,082.5 6,830.5 6,699 6,693 6,634.7 6,493.7 6,433.4 6,135.7 6,052 6,072.6 5,992.5 5,852 5,958.8 5,830.8 5,793.1 5,697.2 5,792.2 5,573.2
Debt Metrics
Total Debt 42,022 37,766 37,906 37,416 37,031 37,274 37,765 37,719 37,514 38,182 38,216 38,332 38,088 38,036 37,645 37,194 37,354 36,829 36,324 36,462 38,566 38,450 38,029 36,121 33,442 33,217 32,794 17,581 18,416 17,291 16,944 16,585 17,580 15,441 15,156 14,931 14,758 13,596 13,782 13,867 1,958 2,076 2,583 2,007 2,008 3,264 2,225 2,095 2,017 1,806 1,902 1,806 2,097 2,701.6 2,253.2 1,917.9 1,782.8 2,107.0 2,057.6 1,362.3 1,374.6 1,578.6 1,898.6 1,636.8 1,642.7 1,773.2 1,561.1 1,586.6 1,954.7 1,550.9 1,341.1 1,325.7 1,333.3 1,508.4 1,517.4 1,575.2 1,580.1 1,529.7 1,551 1,781.3 1,830.4 1,871.6 1,972.1 2,013.3 2,016.1 2,103 2,139.9 2,016.6
Net Debt 34,014 31,196 31,740 31,914 31,896 32,245 31,822 31,218 31,870 31,453 31,161 31,476 32,715 33,390 30,795 30,297 31,289 29,996 29,471 29,375 29,710 30,111 31,075 31,240 31,676 31,186 30,405 15,262 15,544 15,168 14,575 13,320 14,791 12,673 11,653 10,962 11,585 10,537 10,793 10,333 493 287 291 465 435 1,494 1,195 1,389 1,479 1,287 1,669 1,475 1,877 2,561.6 1,598.5 1,741.3 1,714.8 1,977.5 1,539.7 982.6 1,049.3 1,439.5 1,234.2 1,441.6 1,413.1 1,628.7 1,367.9 1,376.8 1,793.8 1,450.6 1,229.4 1,170.8 1,239.9 1,404.4 1,402.3 1,368.4 1,222.6 1,270.5 1,305 1,365.5 1,437.5 1,642 1,612.8 1,787.6 1,860.6 2,007.7 1,947.5 1,839.6
Metric 2026 Q3 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 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 1,056 956 824 1,648 909 741 794 1,472 879 900 1,078 1,538 771 788 875 558 1,112 1,044 1,112 1,868 892 1,226 1,245 (334) 315 560 745 (1,969) 739 935 835 1,127 2,074 775 596 1,020 562 700 715 (70) 317 354 330 91 128 280 147 245 158 236 120 230 124 113.2 108.7 193.8 245.0 113.1 171.2 159 221.3 77.9 182.7 149.4 165.9 82 107 143.3 132.5 63 103.7 62 115.4 27.2 89.9 75.3 87.2 63.1 86.2 61.1 80.7 31.2 59.6 32.9 49.1 10.5 38 12.2
Depreciation & Amortization 1,112 1,068 1,092 1,057 1,066 1,063 1,078 1,104 1,072 1,040 1,071 1,075 1,031 1,046 1,024 1,018 986 995 971 975 956 936 926 927 908 901 879 866 851 828 808 802 786 756 751 754 762 740 739 667 368 363 360 336 334 340 334 340 339 345 341 342 336 2,213.8 (325.8) (309.5) 2,011.2 (293.7) (285.3) (277.3) 1,801.2 (263.7) (252.2) (250.2) 1,680.5 (305.5) (208.9) (202.4) (200.5) (195.7) (191) (190.2) (184.5) (182.3) (178.7) (174.1) (168.7) (165.1) (161.6) (156.9) (154.3) (151.9) (148) (145.2) (148.7) (145.5) (143.2) (142.5)
Stock-Based Compensation 37 43 56 38 32 36 48 33 34 40 56 40 34 40 68 39 39 43 69 39 40 46 75 31 33 37 67 33 33 40 68 32 32 41 62 31 30 36 57 29 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (1,181) (1,184) (1,110) (601) (880) (1,609) (1,610) (461) (1,174) (1,063) (733) 84 (567) (1,325) (1,365) 135 (863) (1,286) (1,105) (422) (401) (780) (269) (806) (733) (628) (1,925) (206) (554) (616) (1,115) 514 (2,048) (950) (976) 48 (1,537) 39 (752) 14 (1) (203) 42 239 68 891 (1,627) 413 323 (910) 256 506 204 (564.9) 82.7 328.6 197.8 (207.7) (110.1) (106.2) 242.8 (189.6) 56.3 (3.7) 285.6 (40.9) (8.6) (138.9) 8.1 (197.2) (25.5) 27.3 (9.6) (38.8) (33.7) (58.8) 109.4 (51) (19.5) 19.7 38.6 (103.3) 4.5 (11) 4.5 (11) 0 50.6
Other Non-Cash Items 969 1,068 854 377 885 1,087 877 873 692 744 655 717 1,007 969 1,005 1,752 974 848 920 1,746 538 951 531 2,463 87 169 105 4,049 61 78 82 354 61 56 60 (3) 39 2 39 1,529 29 (12) (4) 21 43 (546) 913 (340) (339) 1,117 (341) (342) (336) (744.2) 325.8 309.5 (1,704.3) 587.4 570.6 554.6 (1,532.3) 527.4 504.4 500.4 (1,284.9) 609.6 417.8 404.8 457.2 391.4 382 380.4 429.1 364.6 357.4 348.2 359.6 330.2 323.2 313.8 343.3 303.8 296 290.4 337.1 216.5 281.8 315.7
Operating Cash Flow 1,993 1,951 1,716 2,519 2,012 1,318 1,187 2,698 1,610 1,774 2,230 3,414 2,276 1,518 1,607 3,502 2,248 1,998 2,084 2,743 2,162 2,579 2,651 1,819 1,204 1,509 565 2,290 1,144 1,478 701 3,512 (336) 908 590 2,285 10 1,664 971 1,912 721 502 737 687 573 965 (233) 658 481 788 376 736 328 1,017.9 191.4 522.4 749.7 199.1 346.4 330.1 733.0 152 491.2 395.9 847.1 345.2 307.3 206.8 397.3 61.5 269.2 279.5 350.4 170.7 234.9 190.6 387.5 177.2 228.3 237.7 308.3 79.8 212.1 167.1 242 70.5 176.6 236
Investing Activities
Capital Expenditure (955) (757) (623) (1,473) (997) (818) (767) (1,202) (1,379) (1,305) (1,290) (1,754) (1,278) (1,858) (1,284) (2,384) (1,236) (1,573) (1,570) (1,682) (1,376) (1,402) (1,424) (1,163) (1,439) (1,848) (1,418) (1,733) (1,123) (1,455) (1,179) (1,669) (1,373) (1,577) (1,044) (1,326) (1,109) (1,466) (1,215) (1,256) (486) (780) (395) (308) (300) (337) (286) (352) (536) (314) (364) (437) (500) (621.0) (453.0) (478.7) (399.5) (389.4) (480.4) (358.2) (434.4) (371.3) (469) (495.2) (622.1) (470.3) (421.8) (366) (359.5) (371.3) (467.3) (272.5) (409.5) (313.4) (362.8) (326.5) (357.7) (223.6) (235.7) (243.8) (174.1) (151) (368.1) (394.5) (187.5) (154.3) (501.1) (180.8)
Acquisitions (8) 0 8 73 8 21 13 20 32 50 12 12 52 10 10 23 40 11 20 (3) (151) (3) 0 0 0 0 0 (66) 0 (66) 0 (12) 0 (12) 0 0 0 0 0 (4,618) 5 (121) 4 3 9 (20) 9 6 5 (35) 5 (35) 0 (10.3) (466.7) (10.3) 0.9 (142.2) 0.9 (142.2) 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
Purchases of Investments (101) (292) (34) (65) (90) (46) (61) (66) (35) (73) (2) (2) (4) (43) (35) (2) (145) (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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 77 147 30 33 25 39 13 14 24 (50) (12) (12) (52) (10) (10) (23) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (35) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 32 41 0 0 0 0 0 0 0 50 12 12 52 10 10 23 0 2 0 14 0 11 6 7 11 5 (1) 21 9 41 78 21 9 (26) 6 47 23 91 9 7 0 0 0 0 0 21 0 0 0 4 7 40 17 165.1 7.7 96.7 17.0 5.9 (62.7) 241.8 77.4 (15.8) 182.1 77.5 (15.6) 198.3 118.9 189.3 0.5 83 136.4 59.3 217.1 135.5 86.9 (15.5) 62.4 77.8 66.7 78.8 66.8 24.4 309.1 293.9 101.2 0.8 121.3 1.1
Investing Cash Flow (955) (861) (619) (1,432) (1,054) (804) (802) (1,234) (1,358) (1,328) (1,280) (1,744) (1,230) (1,891) (1,309) (2,363) (1,341) (1,562) (1,550) (1,671) (1,527) (1,394) (1,418) (1,156) (1,428) (1,843) (1,419) (1,778) (1,114) (1,480) (1,101) (1,660) (1,364) (1,615) (1,038) (1,314) (1,086) (1,375) (1,206) (5,867) (481) (901) (391) (305) (291) (336) (277) (346) (531) (345) (352) (432) (483) (466.2) (912.0) (392.2) (381.6) (525.7) (542.2) (258.6) (357.1) (387.1) (286.9) (417.7) (637.6) (272) (302.9) (176.7) (359) (288.3) (330.9) (213.2) (192.4) (177.9) (275.9) (342) (295.3) (145.8) (169) (165) (107.3) (126.6) (59) (100.6) (86.3) (153.5) (379.8) (179.7)
Financing Activities
Net Debt Issuance 3,625 (22) 372 (68) (42) (13) (34) (4) (49) (28) (66) (29) (91) (3) (29) (48) (41) (8) (64) (2,971) (30) (19) 914 2,662 124 114 1,108 (562) 1,113 399 297 (8) 2,025 234 (12) (33) 1,184 (31) (12) 5,268 (100) (60) (13) (12) (31) (210) 200 0 0 (287) (4) (159) 134 (580.5) 196.2 342.8 (325.4) 43.5 697 (12.5) (204.1) (320.1) 260.8 (6) (130.5) 12 (52.2) (95.7) (26.8) 354.8 15.5 (7.7) (174.9) (8.6) (58.2) (5) 0 (22.1) (230.5) (51.4) (41.5) (104.9) (39.6) (1.4) (94.3) (33.4) 218.2 50.7
Stock Repurchased 0 (296) (500) (500) (497) (1,020) (1,000) (500) (1,000) (500) (500) 0 0 (1,500) 0 0 (1,500) (199) (549) 0 0 0 0 0 0 0 (3) (115) (94) (646) (625) (459) (288) (184) (86) (151) (24) (112) (222) (589) 0 0 0 (67) (112) (96) (23) (26) (41) (63) (89) 0 0 0 0 0 (115.3) (121.7) (115.3) 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
Dividends Paid (341) (342) (345) (331) (332) (337) (339) (310) (314) (317) (318) (289) (290) (299) (299) (195) (198) (200) (200) (173) (172) (171) (170) (170) (170) (169) (170) (169) (341) 0 (173) (133) (134) (134) (134) (107) (106) (107) (106) (67) (21) (21) (21) (15) (15) (15) (15) (15) (15) (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
Other Financing Activities (40) (4) (5) 0 (24) (6) 0 (4) (7) 0 0 0 0 1 0 (1) 0 1 (1) (25) (1) (11) (1) (4) 0 0 (5) (229) 17 17 4 (793) 82 9 (6) 16 108 8 (13) 60 (1) 0 0 1 0 3 (1) (1) 0 10 4 0 0 0 0.2 (0.3) 7.3 17.3 (0.5) (10.2) 0.0 0 0 (8.2) (3.4) 0 (3.8) 149.8 (9.3) (27.8) 0 (0.3) 12.3 (0.1) 7.6 5.6 0 0 1.2 1.7 (0.2) 22.1 20.1 5.1 (1.3) 19.4 0.4 (8.2)
Financing Cash Flow 3,968 (632) (460) (847) (863) (1,340) (969) (592) (1,316) (791) (727) (201) (356) (1,793) (247) (211) (1,699) (379) (730) (2,911) (152) 148 825 2,514 (34) (41) 942 (1,032) 695 (230) (472) (1,350) 1,685 (20) (88) (203) 1,162 (118) (313) 4,672 (95) (50) (4) (58) (114) (277) 177 (26) (48) (332) (52) (166) 144 (570.3) 205.8 348.1 (429.6) (61.8) 334.1 (17.1) (189.8) (290.2) 265 (12.6) (122.6) (161.2) (21.1) 57.7 (16.6) 215.5 18.4 (4.8) (168.5) (4) (50.6) 0.6 6.2 (18.2) (229.3) (49.7) (37.7) (82.8) (19.5) 3.7 (95.6) (14) 218.6 42.5
Cash Position
Net Change in Cash 5,118 404 664 367 106 (914) (558) 857 (1,085) (326) 199 1,450 727 (2,204) (47) 832 (768) (20) (234) (1,769) 517 1,385 2,073 3,115 (265) (358) 70 (553) 749 (246) (896) 476 21 (735) (466) 796 114 70 (545) 693 145 (449) 342 324 168 352 (333) 286 (98) 111 (28) 138 (11) (18.6) (514.8) 478.2 (61.5) (388.4) 138.2 54.4 186.2 (525.3) 469.2 (34.4) 85.1 (48.7) (16.6) 87.8 21.7 (11.4) (43.2) 61.5 (10.6) (11.1) (91.7) (150.7) 98.3 13.2 (169.8) 22.9 163.3 (129.7) 133.6 70.2 133.6 70.2 218.6 42.5
Cash at Beginning 6,570 6,166 5,502 5,135 5,029 5,943 6,501 5,644 6,729 7,055 6,856 5,373 4,646 6,850 6,897 6,065 6,833 6,853 7,087 8,856 8,339 6,954 4,881 1,766 2,031 2,389 2,319 2,872 2,123 2,369 3,265 2,789 2,768 3,503 3,969 3,173 3,059 2,989 3,534 2,841 939 1,388 1,046 706 538 186 519 233 331 220 248 110 121 139.9 654.8 176.6 129.5 517.9 379.7 325.3 139.1 664.4 195.2 229.6 144.5 193.2 209.8 122 100.3 111.7 154.9 93.4 104 115.1 206.8 357.5 259.2 246 415.8 392.9 229.6 359.3 225.7 155.5 225.7 155.5 0 78.2
Cash at End 11,688 6,570 6,166 5,502 5,135 5,029 5,943 6,501 5,644 6,729 7,055 6,823 5,373 4,646 6,850 6,897 6,065 6,833 6,853 7,087 8,856 8,339 6,954 4,881 1,766 2,031 2,389 2,319 2,872 2,123 2,369 3,265 2,789 2,768 3,503 3,969 3,173 3,059 2,989 3,534 1,084 939 1,388 1,030 706 538 186 519 233 331 220 248 110 121.3 139.9 654.8 68.0 129.5 517.9 379.7 325.3 139.1 664.4 195.2 229.6 144.5 193.2 209.8 122 100.3 111.7 154.9 93.4 104 115.1 206.8 357.5 259.2 246 415.8 392.9 229.6 359.3 225.7 359.3 225.7 218.6 120.7
Free Cash Flow 1,038 1,194 1,093 1,046 1,015 500 420 1,496 231 469 940 1,660 998 (340) 323 1,118 1,012 425 514 1,061 786 1,177 1,227 656 (235) (339) (853) 557 21 23 (478) 1,843 (1,709) (669) (454) 959 (1,099) 198 (244) 656 235 (278) 342 379 273 628 (519) 306 (55) 474 12 299 (172) 396.8 (261.6) 43.7 350.2 (190.2) (134.0) (28.1) 298.6 (219.3) 22.2 (99.3) 225 (125.1) (114.5) (159.2) 37.8 (309.8) (198.1) 7 (59.1) (142.7) (127.9) (135.9) 29.8 (46.4) (7.4) (6.1) 134.2 (71.2) (156) (227.4) 54.5 (83.8) (324.5) 55.2
Key Metrics 2026 Q3 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 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 1999 Q4
Income Statement
Revenue 24,000 23,469 22,244 22,220 22,160 21,967 21,579 22,109 21,738 22,165 21,681 21,930 22,169 22,814 23,242 24,394 23,641 23,404 21,938 22,565 21,480 20,493 19,321 17,358 17,487 17,324 17,048 17,807 17,010 17,824 17,052 17,314 16,526 16,313 15,297 15,728 14,997 14,931 14,663 12,979 12,114 11,716 11,939 11,684 11,839 11,301 11,403 11,024 11,435 10,953 11,107 10,792 11,008 10,564 10,587 10,521 10,552 9,663 9,632 9,457 9,428 8,701 8,596 8,009 7,852 8,137 9,538 9,970 9,866 9,437 9,451 9,199 9,151 8,592 8,926 8,545 8,494 8,003 8,090 7,707 7,715 7,339 7,334 6,975 7,041 6,062 5,920 5,687 5,830 5,667 5,416 5,135 5,116.6 4,894.9 4,778.7 4,848.8 4,518.1 4,570.1 4,320 4,383.5
Gross Profit 6,235 6,200 4,694 5,309 4,731 4,579 4,376 5,123 4,539 4,577 4,713 5,243 4,575 4,641 4,707 5,748 4,891 4,872 4,521 5,189 4,145 4,261 4,259 3,464 3,112 3,272 3,496 4,205 3,398 3,751 3,473 4,085 3,266 3,657 3,387 3,896 3,185 3,368 3,335 1,784 850 2,487 2,541 2,454 2,707 2,156 2,305 2,205 2,537 2,054 2,146 2,138 5,158 6,628 6,677 6,588 6,643 8,134 7,459 7,327 8,042 6,860 6,880 6,942 6,920 6,601 7,911 7,244 4,834 8,207 8,229 8,013 7,969 7,396 7,758 7,405 7,366 6,849 6,922 6,377 6,543 6,169 6,166 5,857 5,905 5,114 5,026 4,829 4,946 4,737 4,552 4,191 4,248.0 4,080.2 3,997.4 2,918.1 4,131.6 3,783.1 2,025.2 9,613.7
Operating Income 1,348 1,378 1,298 1,987 1,471 1,378 1,208 1,987 1,357 1,421 1,590 1,767 1,168 1,212 1,243 1,892 1,462 1,571 1,429 1,967 1,034 1,443 1,590 844 411 620 977 1,632 915 1,168 1,071 1,708 858 1,262 1,117 1,766 1,103 1,225 1,332 (68) (1,321) 962 1,013 987 1,183 641 827 795 502 589 718 742 856 813 780 737 888 393 469 628 696 416 571 315 (849) 182 784 630 (163) 641 783 814 1,012 641 839 784 927 713 790 584 740 552 600 579 685 372 183 200 492 427 416 433 223.2 345.4 311.0 426.3 206.5 304.5 (626) 3,904.6
Net Income 1,056 956 824 1,648 909 741 794 1,474 879 900 1,078 1,538 771 788 875 558 1,112 1,044 1,112 1,868 892 1,226 1,245 (334) 315 560 745 (1,969) 739 935 835 1,127 2,074 775 596 1,020 562 700 715 (70) (752) 580 616 606 730 378 500 489 303 361 438 459 550 521 497 464 558 231 283 380 419 239 345 181 (876) 97 493 384 (241) 393 479 494 610 420 511 475 568 428 471 339 448 317 354 330 412 207 91 128 280 245 236 245 113.2 193.8 168.7 245.0 113.1 171.2 159 221.3
EPS (Diluted) 4.35 3.93 3.46 6.88 3.76 3.03 3.21 5.94 3.51 3.55 4.24 6.05 3.04 3.07 3.34 2.13 4.20 3.88 4.09 6.88 3.30 4.55 4.72 -1.28 1.20 2.13 2.84 -7.55 2.80 3.51 3.10 4.15 7.59 2.84 2.19 3.75 2.07 2.59 2.65 -0.26 -2.66 2.18 2.31 2.26 2.46 1.23 1.57 1.53 0.95 1.13 1.39 1.45 1.73 1.65 1.57 1.46 1.75 0.73 0.89 1.20 1.32 0.76 1.10 0.58 -2.81 0.31 1.58 1.23 -0.77 1.26 1.54 1.58 1.96 1.35 1.64 1.53 1.83 1.38 1.53 1.10 1.46 1.03 1.15 1.08 1.36 0.68 0.30 0.42 0.92 0.81 0.78 0.81 0.39 0.67 0.58 0.83 0.39 0.57 0.52 0.74
Balance Sheet
Cash & Equivalents 8,008 6,570 6,166 5,502 5,135 5,029 5,943 6,501 5,644 6,729 7,055 6,856 5,373 4,646 6,850 6,897 6,065 6,833 6,853 7,087 8,856 8,339 6,954 4,881 1,766 2,031 2,389 2,319 2,872 2,123 2,369 3,265 2,789 2,768 3,503 3,969 3,173 3,059 2,989 3,534 1,465 1,789 2,292 1,542 1,573 1,770 1,030 706 538 519 233 331 220 139.9 654.8 176.6 68.0 129.5 517.9 379.7 325.3 139.1 664.4 195.2 229.6 144.5 193.2 209.8 160.9 100.3 111.7 154.9 93.4 104 115.1 206.8 357.5 259.2 246 415.8 392.9 229.6 359.3 225.7 155.5 95.3 192.4 177
Total Assets 94,733 89,181 88,416 87,627 85,043 85,481 86,711 87,007 86,114 88,051 87,576 87,110 85,775 85,591 85,826 85,994 84,108 84,247 82,048 82,777 82,793 81,156 77,648 73,537 70,014 69,954 68,452 54,403 54,464 53,289 51,901 52,330 51,851 50,281 49,350 48,552 46,781 46,348 45,575 46,064 24,594 23,857 24,244 26,384 26,143 24,973 16,214 15,465 15,385 14,483 14,003 13,812 13,697 13,519.7 12,487.2 11,757.8 11,527.1 11,515.7 11,538.2 10,795.7 10,648.2 10,196.4 10,553.9 9,849.1 9,686.1 9,353.4 8,125.9 8,019.4 9,044.3 7,362.5 7,082.5 6,830.5 6,699 6,693 6,634.7 6,493.7 6,433.4 6,135.7 6,052 6,072.6 5,992.5 5,852 5,958.8 5,830.8 5,793.1 5,697.2 5,792.2 5,573.2
Total Debt 42,022 37,766 37,906 37,416 37,031 37,274 37,765 37,719 37,514 38,182 38,216 38,332 38,088 38,036 37,645 37,194 37,354 36,829 36,324 36,462 38,566 38,450 38,029 36,121 33,442 33,217 32,794 17,581 18,416 17,291 16,944 16,585 17,580 15,441 15,156 14,931 14,758 13,596 13,782 13,867 1,958 2,076 2,583 2,007 2,008 3,264 2,225 2,095 2,017 1,806 1,902 1,806 2,097 2,701.6 2,253.2 1,917.9 1,782.8 2,107.0 2,057.6 1,362.3 1,374.6 1,578.6 1,898.6 1,636.8 1,642.7 1,773.2 1,561.1 1,586.6 1,954.7 1,550.9 1,341.1 1,325.7 1,333.3 1,508.4 1,517.4 1,575.2 1,580.1 1,529.7 1,551 1,781.3 1,830.4 1,871.6 1,972.1 2,013.3 2,016.1 2,103 2,139.9 2,016.6
Stockholders' Equity 29,804 28,140 27,771 28,074 26,708 26,460 27,176 27,582 26,375 26,766 26,534 26,088 24,733 24,115 25,140 24,939 24,526 24,940 24,321 24,168 21,981 21,039 19,462 18,295 18,831 18,659 18,166 17,757 19,894 19,294 19,173 19,416 18,894 17,055 16,618 16,073 15,184 14,531 14,142 13,784 14,168 13,786 13,626 15,481 15,140 13,010 7,410 7,327 7,288 6,896 6,657 6,545 6,327 5,778.6 5,147.0 4,961.6 4,785.2 4,639.1 4,640.4 4,818.9 4,663.7 4,405.3 4,299.9 4,092.6 3,961.2 3,779.1 3,209.5 3,103.3 3,501.2 2,817.1 2,751.9 2,642.3 2,576.1 2,452.3 2,420.3 2,325.3 2,245.6 2,143.9 2,081.3 1,991 1,924.7 1,835.2 1,781.2 1,701.6 1,671.4 1,672.6 1,645.1 1,591
Cash Flow
Operating Cash Flow 1,993 1,951 1,716 2,519 2,012 1,318 1,187 2,698 1,610 1,774 2,230 3,414 2,276 1,518 1,607 3,502 2,248 1,998 2,084 2,743 2,162 2,579 2,651 1,819 1,204 1,509 565 2,290 1,144 1,478 701 3,512 (336) 908 590 2,285 10 1,664 971 1,912 721 502 737 687 573 965 (233) 658 481 788 376 736 328 1,017.9 191.4 522.4 749.7 199.1 346.4 330.1 733.0 152 491.2 395.9 847.1 345.2 307.3 206.8 397.3 61.5 269.2 279.5 350.4 170.7 234.9 190.6 387.5 177.2 228.3 237.7 308.3 79.8 212.1 167.1 242 70.5 176.6 236
Capital Expenditure (955) (757) (623) (1,473) (997) (818) (767) (1,202) (1,379) (1,305) (1,290) (1,754) (1,278) (1,858) (1,284) (2,384) (1,236) (1,573) (1,570) (1,682) (1,376) (1,402) (1,424) (1,163) (1,439) (1,848) (1,418) (1,733) (1,123) (1,455) (1,179) (1,669) (1,373) (1,577) (1,044) (1,326) (1,109) (1,466) (1,215) (1,256) (486) (780) (395) (308) (300) (337) (286) (352) (536) (314) (364) (437) (500) (621.0) (453.0) (478.7) (399.5) (389.4) (480.4) (358.2) (434.4) (371.3) (469) (495.2) (622.1) (470.3) (421.8) (366) (359.5) (371.3) (467.3) (272.5) (409.5) (313.4) (362.8) (326.5) (357.7) (223.6) (235.7) (243.8) (174.1) (151) (368.1) (394.5) (187.5) (154.3) (501.1) (180.8)
Free Cash Flow 1,038 1,194 1,093 1,046 1,015 500 420 1,496 231 469 940 1,660 998 (340) 323 1,118 1,012 425 514 1,061 786 1,177 1,227 656 (235) (339) (853) 557 21 23 (478) 1,843 (1,709) (669) (454) 959 (1,099) 198 (244) 656 235 (278) 342 379 273 628 (519) 306 (55) 474 12 299 (172) 396.8 (261.6) 43.7 350.2 (190.2) (134.0) (28.1) 298.6 (219.3) 22.2 (99.3) 225 (125.1) (114.5) (159.2) 37.8 (309.8) (198.1) 7 (59.1) (142.7) (127.9) (135.9) 29.8 (46.4) (7.4) (6.1) 134.2 (71.2) (156) (227.4) 54.5 (83.8) (324.5) 55.2