Gerdau S.A. logo GGB - Gerdau S.A.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 7
HOLD 1
SELL 2
STRONG
SELL
0
| PRICE TARGET: $5.25 DETAILS
HIGH: $5.25
LOW: $5.25
MEDIAN: $5.25
CONSENSUS: $5.25
UPSIDE: 22.09%
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 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 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Revenue
Revenue 16,715.7 16,974.3 17,983.1 17,525.8 17,375.3 16,822.5 17,378.0 16,615.8 16,210.3 14,715.5 17,063.3 18,265.4 18,872.3 17,964.0 21,149.2 22,968.4 20,330.5 21,554.9 21,317.1 19,130.1 16,343.0 13,620.2 12,222.1 8,744.8 9,227.5 13,620.2 9,930.8 10,154.1 10,025.7 10,899.7 12,835.6 12,035.4 10,388.8 9,816.9 9,476.2 9,165.9 8,458.7 8,619.6 8,698.7 10,248.8 10,084.5 10,449.1 11,925.3 10,759.4 10,447.4 10,843.8 10,705.9 10,442.8 10,553.8 10,321.0 10,494.0 9,882.5 9,165.6 8,987.7 9,819.1 9,975.4 9,199.4 9,065.8 8,967.3 9,009.9 8,363.8 7,799.8 8,190.0 8,295.7 7,107.6 6,362.8 6,807.9 6,401.5 6,967.8 4,728.1 14,417.8 11,091.5 8,938.9 7,585.6 7,264.7 7,540.8 7,178.1 6,110.4 6,613.9 6,503.3 6,123.9 4,366.5 4,885.6 5,134.2 4,233.1 5,345.5 5,220.7 4,161.5 3,301.5 3,355.8 2,983.4 3,349.8 8,844.9 1,063.5 899.5 776.8 927.6 1,255.6 1,369.2 1,348.0 3,145.0 748.8 672.7 1,216.3 1,241.5 795.3 667.8 622.8
Cost of Revenue 14,421.8 15,126.0 15,841.1 15,495.2 15,428.8 14,802.5 14,801.4 14,428.9 13,790.5 13,082.8 14,270.6 14,987.0 15,243.6 15,035.8 16,411.4 17,064.5 15,149.5 16,367.8 14,897.9 13,715.9 12,546.1 10,960.0 10,525.3 8,026.8 8,372.1 10,960.0 8,945.7 8,881.5 8,756.6 9,596.1 10,973.6 10,390.7 9,049.7 8,777.4 8,501.7 8,229.1 7,804.8 8,098.3 7,652.3 9,165.5 9,271.8 9,662.6 10,714.4 9,578.0 9,335.5 9,559.1 9,430.1 9,179.2 9,238.0 8,971.3 8,959.6 8,540.1 8,257.3 7,969.3 8,621.4 8,550.6 8,092.9 7,864.6 7,628.3 7,606.3 7,199.1 6,851.1 6,840.3 6,481.8 5,700.3 5,028.8 5,351.8 5,643.6 6,226.5 4,191.9 9,628.1 8,113.5 6,736.8 5,784.5 5,410.3 5,647.0 5,432.9 4,638.3 4,933.0 4,664.7 4,551.3 3,373.7 3,586.6 3,784.9 3,059.3 3,537.0 3,414.1 3,147.1 2,572.1 2,557.2 2,211.3 2,512.5 6,714.7 616.3 548.0 454.8 562.3 858.0 1,009.9 1,017.3 2,383.6 430.0 366.1 824.3 791.6 484.3 390.9 376.8
Gross Profit 2,293.9 1,848.3 2,142.1 2,030.5 1,946.6 2,020.0 2,576.6 2,186.9 2,419.7 1,632.8 2,792.7 3,278.3 3,628.7 2,928.3 4,737.9 5,903.9 5,181.0 5,187.1 6,419.1 5,414.2 3,796.9 2,660.2 1,696.8 718.1 855.5 2,660.2 985.2 1,272.6 1,269.0 1,303.6 1,862.0 1,644.7 1,339.1 1,039.5 974.5 936.7 653.9 521.3 1,046.5 1,083.3 812.7 786.5 1,210.9 1,181.4 1,111.9 1,284.7 1,275.9 1,263.7 1,315.8 1,349.7 1,534.4 1,342.3 908.2 1,018.4 1,197.7 1,424.9 1,106.5 1,201.2 1,339.0 1,403.6 1,164.7 948.8 1,349.7 1,814.0 1,407.3 1,334.1 1,456.1 757.9 741.2 536.2 4,789.7 2,978.0 2,202.0 1,801.1 1,854.3 1,893.8 1,745.1 1,472.1 1,680.8 1,838.7 1,572.6 992.8 1,299.0 1,349.3 1,173.8 1,808.5 1,806.6 1,014.5 729.5 798.5 772.2 837.3 2,130.3 447.2 351.4 322.1 365.3 397.6 359.3 330.7 761.4 318.8 306.6 392.0 449.9 311.0 276.9 246.0
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 0 0 0
SG&A Expenses 521.9 508.6 512.4 556.9 542.9 586.4 548.6 530.7 500.9 568.4 538.9 562.3 538.0 622.2 555.1 516.0 494.3 632.6 527.5 476.4 469.5 483.4 370.2 306.4 370.4 483.4 364.6 352.0 361.3 383.2 421.2 414.7 416.3 398.4 396.6 420.4 439.5 534.3 483.3 577.6 643.9 655.3 630.2 637.1 660.0 681.1 661.0 678.5 707.4 669.3 672.1 636.0 634.5 606.8 630.4 635.7 598.8 642.1 591.3 588.8 579.5 628.9 611.7 613.6 503.3 571.1 470.1 559.3 598.4 352.0 970.1 740.6 642.0 741.1 596.8 640.2 570.6 541.0 584.2 614.1 591.8 362.4 406.9 310.8 369.2 366.8 355.9 304.7 279.6 275.5 271.8 282.4 818.1 133.0 125.9 111.1 144.1 144.7 163.1 156.9 331.7 111.8 96.2 139.1 154.9 107.6 90.9 92.0
Other Expenses 20.1 137.3 59.7 14.7 27.0 518.6 (93.5) 41.2 33.9 (27.5) (130.3) (168.9) (1,201.8) (8.6) (279.7) (402.7) (326.8) (209.4) (1,497.1) (624.9) (230.5) (717.9) (53.1) (364.2) 11.7 (388.6) (80.9) (4.5) (82.3) 288.3 169.3 49.8 (40.8) 1,808.3 (2.5) 36.2 (992.4) 2,846.7 (30.2) 76.8 (32.2) 3,116.2 1,854.5 (13.6) (33.3) (342.8) (54.0) (44.4) (45.8) (127.9) (23.3) (13.1) (67.4) (13.8) (0.5) 4.4 (62.5) 52.7 (29.6) (63.2) (69.3) (354.8) (42.7) (47.3) (37.5) (165.0) 155.4 1,125.9 18.3 (89.6) (21.2) (16.8) 13.9 (39.4) 143.5 (5.9) (54.9) (37.9) (55.4) 0.0 (161.4) (56.6) 22.3 (1.8) 15.9 (93.7) 0 118.7 (770.3) 10.0 361.1 199.7 (737.8) 312.1 18.5 72.7 (265.0) 101.3 57.0 81.4 27.2 82.4 87.2 72.2 78.6 39.9 39.6 36.5
Operating Expenses 542.0 645.9 572.1 571.7 569.9 1,105.0 455.1 571.9 534.8 540.8 408.5 393.4 (663.8) 613.6 275.3 113.3 167.5 423.2 (969.6) (148.5) 239.0 (234.5) 317.1 (57.7) 382.1 94.8 283.7 347.4 279.0 671.5 590.6 464.5 375.6 2,206.8 394.1 456.6 (552.9) 3,380.9 453.1 654.4 611.7 3,771.5 2,484.7 623.5 626.6 338.3 607.1 634.1 661.6 541.4 648.7 622.8 567.2 593.0 629.9 640.1 536.3 694.8 561.7 525.6 510.2 274.1 569.0 566.3 465.8 406.1 625.5 1,685.2 616.7 262.4 948.9 723.8 655.9 701.8 740.4 634.3 515.8 503.1 528.8 614.1 430.4 305.8 429.2 309.0 385.0 273.1 355.9 423.4 (490.7) 285.6 632.9 482.1 80.3 445.1 144.4 183.8 (120.9) 246.0 220.1 238.3 358.9 194.1 183.4 211.4 233.5 147.4 130.5 128.5
Operating Income
Operating Income 1,751.9 1,202.4 1,570.0 1,458.9 1,376.6 915.0 2,121.5 1,615.0 1,884.9 1,091.9 2,384.1 2,884.9 4,292.4 2,314.6 4,462.5 5,790.6 5,013.5 4,763.9 7,388.8 5,562.7 3,557.9 2,894.7 1,379.7 775.8 473.4 2,565.4 701.5 925.1 990.0 632.1 1,271.5 1,180.2 963.5 (1,167.2) 580.4 480.1 1,206.8 (2,859.6) 593.4 428.9 201.0 (2,984.9) (1,273.8) 558.0 485.2 946.4 668.8 629.6 654.2 808.3 885.6 719.5 341.0 425.5 567.8 784.8 570.2 506.5 777.4 878.0 654.6 674.7 780.7 1,247.7 941.5 928.0 830.5 (927.2) 124.6 273.8 3,840.8 2,254.2 1,546.1 1,099.3 1,114.0 1,259.5 1,229.4 969.0 1,152.0 1,224.5 1,142.2 687.0 869.8 1,040.2 788.8 1,535.5 1,450.8 591.0 1,220.2 513.0 139.3 355.2 2,050.0 2.1 207.0 138.3 486.2 151.6 139.2 92.4 402.5 124.7 123.2 180.7 216.4 163.5 146.4 117.5
Interest Expense 282.3 391.6 358.4 314.4 44.3 37.7 38.2 34.7 37.3 42.2 42.8 44.1 39.3 30.8 53.9 55.6 47.1 63.3 52.1 41.5 39.1 46.6 48.5 52.5 51.0 44.2 62.9 65.5 66.3 424.8 401.2 387.3 366.0 399.6 329.9 346.3 357.5 508.8 381.0 374.3 397.2 519.1 412.7 348.4 318.9 392.3 283.2 329.1 250.1 248.3 228.4 222.5 202.0 271.9 216.7 240.8 223.3 231.1 230.4 253.4 255.5 266.0 276.1 302.3 253.2 250.8 307.2 335.3 393.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 68.4 81.7 106.2 76.4 26.3 33.9 30.4 35.5 35.3 40.8 49.4 49.2 41.6 70.3 20.1 14.0 12.0 15.6 10.8 9.4 6.8 5.7 4.3 9.4 10.4 20.8 12.3 12.2 5.8 81.6 57.1 34.0 31.3 47.5 30.7 24.7 51.5 71.1 24.3 18.2 34.9 72.9 32.7 25.2 50.1 59.5 35.0 57.0 19.4 34.8 24.7 39.5 30.2 68.5 66.3 100.3 81.5 132.2 158.9 106.6 58.1 73.9 74.2 71.7 75.8 124.7 72.8 139.5 99.4 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
Profitability
EBITDA 2,698.1 220.9 2,731.9 2,401.6 2,210.8 1,418.4 2,806.6 1,974.9 3,187.1 1,735.7 2,904.5 3,432.7 5,076.9 2,918.0 4,952.4 6,404.9 5,415.0 4,653.3 8,411.5 6,470.4 4,150.2 2,666.7 2,077.2 1,339.9 1,124.2 2,650.0 890.7 1,408.3 1,371.0 1,040.8 1,618.3 1,310.3 1,348.3 (681.8) 1,250.5 955.1 2,251.8 (2,264.2) 1,154.4 1,397.8 1,318.0 (2,300.8) (1,571.1) 1,325.7 508.9 1,178.3 932.6 1,288.1 1,344.4 1,262.7 1,435.6 870.1 815.0 799.1 1,100.8 1,110.6 1,099.2 1,174.4 1,386.8 1,345.6 1,186.3 1,233.5 1,541.9 1,766.9 1,407.6 1,365.8 1,515.7 367.6 814.1 86.1 4,602.7 2,660.2 1,971.0 1,476.9 1,371.2 1,538.7 1,540.8 2,696.3 1,469.1 1,482.5 1,413.2 814.6 991.5 1,165.8 1,003.5 1,627.3 1,688.2 762.1 1,301.7 670.2 271.3 510.8 2,317.6 152.5 316.7 243.5 506.2 260.9 232.1 185.7 429.7 210.3 212.9 252.9 295.0 208.0 186.0 154.0
EBIT 1,795.7 (714.7) 1,794.3 1,465.0 1,337.0 585.5 2,010.3 1,203.6 2,461.3 944.9 2,115.3 2,680.3 4,362.2 2,148.9 4,214.9 5,703.7 4,756.2 3,946.7 7,738.8 5,839.9 3,501.4 1,982.8 1,430.1 728.4 567.6 2,110.3 388.7 881.5 865.2 536.9 1,140.5 853.8 894.8 (1,205.7) 736.0 428.9 1,723.8 (2,935.5) 588.2 780.5 636.9 (3,007.8) (2,242.4) 699.4 (94.4) 588.2 377.2 747.9 802.8 701.2 907.9 393.9 350.9 333.7 635.7 651.5 661.3 718.3 949.4 914.7 738.7 757.0 1,057.2 1,294.8 947.9 939.0 1,114.0 (74.9) 339.8 (217.3) 3,840.8 2,254.2 1,546.1 1,099.3 1,114.0 1,259.5 1,229.4 2,467.3 1,152.0 1,224.5 1,142.2 687.0 869.8 1,040.2 788.8 1,535.5 1,450.8 591.0 1,220.2 513.0 139.3 355.2 2,050.0 2.1 207.0 138.3 486.2 151.6 139.2 92.4 402.5 124.7 123.2 180.7 216.4 163.5 146.4 117.5
Income Before Tax 1,513.5 (1,140.1) 1,436.0 1,150.6 1,078.0 365.7 1,798.7 1,022.8 2,276.6 735.7 1,906.4 2,462.2 4,242.3 1,987.0 3,932.3 5,429.6 4,510.1 3,898.5 7,466.3 5,620.6 3,287.2 1,731.3 1,076.4 445.9 242.1 1,731.3 139.1 624.9 615.3 240.0 829.9 466.5 621.0 (1,605.3) 326.3 (24.9) 1,260.5 (3,323.7) 96.3 406.2 239.6 (3,377.0) (2,655.1) 351.1 (413.3) 272.6 93.9 418.7 552.7 452.9 679.5 171.4 148.8 203.1 433.8 449.7 472.9 487.1 719.0 661.3 483.2 491.0 781.1 992.5 694.7 688.2 806.8 (410.2) (53.3) (817.2) 2,368.8 2,770.5 1,365.3 946.8 1,152.6 1,441.3 1,461.7 1,172.2 1,012.6 1,415.4 1,457.7 641.0 1,100.3 1,224.6 967.9 1,788.1 1,393.7 581.5 739.1 285.4 130.8 354.2 237.6 275.4 203.3 133.2 96.9 147.9 137.9 92.2 109.0 109.7 112.3 137.7 118.3 105.3 105.2 63.5
Income Tax Expense 500.1 153.6 346.1 286.1 320.2 42.7 442.4 155.8 223.7 148.9 314.3 319.4 1,026.9 768.6 910.1 1,131.1 1,569.7 338.5 1,872.4 1,686.1 816.6 674.5 281.8 130.5 20.8 674.5 (150.2) 252.1 162.6 (149.1) 39.4 (231.8) 172.5 (221.7) 181.5 (101.4) 437.0 (249.2) 1.1 327.0 225.4 (207.5) (696.8) 86.6 (680.7) (120.4) (168.0) 25.4 112.6 (38.7) 37.9 (229.5) (10.7) 60.4 25.4 (98.9) 76.3 15.5 5.7 158.1 73.8 71.4 172.1 136.5 121.9 44.8 151.6 (81.2) (88.3) (762.4) 576.8 648.2 319.1 160.2 197.0 295.5 342.8 75.4 231.2 280.8 353.3 135.2 266.9 347.9 313.3 286.8 364.2 147.6 (74.5) 47.5 (131.6) 60.4 15.2 (35.6) 18.4 26.0 74.7 35.9 14.3 (0.2) 49.0 10.3 12.1 29.3 46.7 (4.1) 36.2 (42.3)
Net Income 1,002.0 (1,298.2) 1,079.4 856.3 749.5 316.0 1,347.4 859.1 2,043.8 577.9 1,581.8 2,135.9 3,205.9 1,207.6 3,010.9 4,282.1 2,924.9 3,495.2 5,577.8 3,916.6 2,451.3 1,048.3 794.6 315.3 221.3 1,056.8 285.6 369.5 449.0 383.3 784.9 694.6 441.0 (1,383.6) 144.9 76.5 823.5 (3,064.4) 95.2 73.1 8.7 (3,157.2) (1,943.0) 255.6 293.1 397.0 252.2 356.5 397.2 450.1 595.1 390.4 148.2 131.0 389.2 535.8 369.6 379.7 707.1 469.0 390.8 369.0 609.0 733.1 504.3 746.6 553.0 (266.1) 88.4 36.9 1,296.5 1,862.2 797.4 589.6 751.0 944.2 873.7 814.4 580.0 899.4 948.3 464.9 720.1 757.0 591.6 1,320.2 886.5 380.9 798.2 237.5 195.8 247.6 230.1 307.7 180.5 107.2 29.0 108.4 121.2 92.1 60.0 99.4 100.3 108.3 71.6 109.3 69.0 105.8
Per Share Data
EPS (Basic) 0.51 -0.66 0.53 0.43 0.37 1.48 0.22 0.41 0.81 0.28 0.90 1.22 1.83 0.66 1.70 2.38 1.62 1.99 3.11 2.19 1.37 0.59 0.44 0.18 0.12 0.06 0.16 0.21 0.25 0.22 0.44 0.39 0.25 -0.77 0.08 0.04 0.46 -1.71 0.05 0.04 0.01 -1.79 -1.10 0.14 0.16 0.22 0.14 0.20 0.22 0.26 0.33 0.22 0.09 0.07 0.22 0.30 0.21 0.22 0.40 0.27 0.25 0.26 0.36 0.50 0.34 0.53 0.37 -0.18 0.06 0.03 1.72 0.97 0.57 0.89 1.06 0.57 0.63 1.23 0.82 0.86 0.91 0.70 0.52 0.53 0.89 1.89 1.27 0.55 1.20 0.34 0.28 0.35 0.34 0.44 0.26 0.15 0.04 0.16 0.17 0.13 0.09 0.14 0.14 0.16 0.11 0.16 0.10 0.15
EPS (Diluted) 0.51 -0.66 0.53 0.42 0.37 1.48 0.22 0.41 0.81 0.27 0.90 1.21 1.82 0.66 1.69 2.38 1.62 1.99 3.10 2.18 1.36 0.59 0.44 0.17 0.12 0.06 0.16 0.21 0.25 0.22 0.44 0.38 0.25 -0.77 0.08 0.04 0.46 -1.71 0.05 0.04 0.01 -1.79 -1.09 0.14 0.16 0.22 0.14 0.20 0.22 0.26 0.33 0.22 0.09 0.07 0.22 0.30 0.21 0.22 0.40 0.27 0.25 0.26 0.36 0.50 0.33 0.53 0.37 -0.18 0.06 0.03 1.72 0.97 0.57 0.89 1.04 0.57 0.63 1.23 0.82 0.85 0.90 0.70 0.51 0.53 0.89 1.89 1.27 0.55 1.20 0.34 0.28 0.35 0.34 0.44 0.26 0.15 0.04 0.16 0.17 0.13 0.09 0.14 0.14 0.16 0.11 0.16 0.10 0.15
Shares Outstanding 1,973.7 1,975.1 1,992.0 2,010.0 2,034.0 2,098.8 2,098.8 2,103.6 2,521.5 2,099.4 1,749.2 1,749.1 1,747.6 1,846.7 1,769.3 1,789.6 1,792.1 1,791.0 2,359.1 1,790.8 1,788.1 1,786.2 1,786.2 1,785.9 1,785.2 1,783.9 1,782.2 1,781.9 1,781.1 1,781.0 1,787.1 1,787.0 1,787.9 1,794.7 1,794.7 1,794.6 1,794.6 1,793.8 1,792.9 1,795.4 1,771.3 1,771.0 1,770.7 1,771.4 1,779.3 1,789.8 1,789.7 1,789.7 1,789.5 1,700.7 1,785.8 1,785.7 1,785.6 1,785.5 1,787.3 1,787.7 1,788.1 1,705.3 1,790.1 1,738.0 1,578.6 1,410.9 1,490.2 1,488.7 1,490.9 1,418.0 1,488.9 1,491.6 1,491.5 1,420.4 1,491.4 1,465.3 1,391.2 662.6 695.7 1,391.4 1,391.3 662.8 696.0 1,045.0 1,045.0 662.7 1,392.7 1,393.8 663.4 696.6 696.6 700.3 666.9 700.3 700.3 700.5 667.1 700.5 700.5 696.6 663.5 696.6 696.6 696.6 663.5 696.6 696.6 696.6 660.7 693.8 693.8 693.8
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 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 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Current Assets
Cash & Cash Equivalents 5,275.9 5,929.2 9,389.6 8,500.9 6,479.5 7,767.8 8,074.1 4,889.5 3,743.1 3,005.6 2,914.5 2,556.0 2,581.9 2,475.9 6,185.7 5,776.8 4,895.2 4,160.7 3,976.1 3,026.2 4,241.9 4,617.2 4,171.1 4,063.7 3,815.9 2,641.7 2,291.4 1,750.9 1,941.8 2,890.1 2,795.2 2,637.7 2,375.4 2,555.3 3,263.0 4,305.4 4,476.1 5,063.4 3,948.6 3,809.4 4,730.0 5,648.1 5,190.5 3,790.5 3,596.2 3,050.0 2,872.1 2,628.1 1,870.9 2,099.2 1,965.5 1,239.2 1,059.4 1,437.2 1,665.6 1,664.1 1,358.7 1,476.6 1,278.6 1,182.4 1,078.5 1,061.0 599.3 1,875.3 1,843.7 2,091.9 2,647.8 2,984.0 0 2,026.6 2,271.6 2,041.4 2,065.6 2,026.1 1,230.2 950.3 808.7 1,035.3 993.2 1,594.6 1,760.5 1,243.1 234.9 974.3 661.2 731.0 478.3 221.0 266.9 155.1 254.6 143.1 143.2 27.2 11.2 4.2 64.6 909.6 677.6 681.5 24.2 14.8 5.8 0 18.0 0 0 0
Short-Term Investments 313.9 445.6 484.0 472.9 390.3 509.0 757.6 1,749.5 2,198.0 2,338.1 3,088.1 1,628.6 3,243.5 2,959.1 2,404.5 1,978.0 2,695.6 2,626.2 4,454.5 2,611.6 2,760.6 3,041.1 3,028.4 2,484.8 2,163.0 3,652.9 1,140.2 390.6 590.4 459.5 680.0 303.7 870.7 821.5 1,803.8 1,124.8 977.5 1,024.4 1,312.4 1,067.5 795.0 1,270.8 1,548.1 1,899.1 2,251.1 2,798.8 2,087.2 1,334.5 1,649.0 2,123.2 1,546.5 1,732.6 772.3 1,059.6 1,334.0 1,494.4 2,070.2 3,101.6 3,079.0 2,906.3 1,334.0 1,116.2 1,037.7 2,395.2 2,614.8 2,677.7 2,700.0 3,215.8 0 3,386.6 3,304.3 3,511.8 2,002.0 3,113.3 3,786.5 4,179.5 4,760.7 4,763.3 4,950.5 4,461.3 3,898.1 4,147.6 4,469.0 1,509.3 1,074.4 1,178.7 958.5 926.7 681.3 1,330.3 925.3 1,210.5 1,301.8 326.3 75.9 100.1 710.8 0 0 0 566.3 126.2 54.4 0 676.9 0 0 0
Net Receivables 7,221.5 6,783.7 7,537.9 7,581.0 8,198.6 7,244.6 7,306.9 7,828.1 7,182.5 6,872.3 5,738.4 8,339.0 5,999.2 7,211.7 6,664.6 7,261.2 6,756.0 8,309.7 10,775.4 8,237.3 5,137.4 5,990.2 5,149.1 3,612.0 3,359.7 2,672.4 4,352.2 4,651.5 4,840.8 4,174.6 4,193.6 4,961.1 4,355.2 2,798.4 4,233.8 3,920.4 3,862.4 3,576.7 4,090.6 4,043.4 4,527.6 4,587.4 5,478.0 5,000.0 5,271.9 4,438.7 4,363.8 4,291.7 4,491.9 4,078.8 4,440.8 4,125.8 4,450.4 3,695.4 5,185.3 5,378.7 4,805.9 4,591.1 4,761.6 4,396.4 4,102.4 3,994.8 3,535.9 3,568.7 3,338.7 2,585.7 2,979.2 3,625.7 0 4,111.8 5,215.0 4,521.9 3,610.9 3,172.3 3,425.4 3,282.7 3,223.1 3,253.2 2,662.0 2,808.8 2,556.6 2,415.8 2,574.6 2,176.7 2,219.1 2,246.9 2,141.7 2,099.8 1,344.1 1,596.6 1,725.5 1,914.1 1,280.7 552.5 480.6 463.1 670.8 1,020.2 919.2 914.7 646.6 412.2 374.2 0 638.3 0 0 0
Inventory 15,190.4 14,731.1 15,272.4 16,042.5 16,558.4 16,504.9 15,914.4 16,547.4 16,043.1 15,227.8 15,815.4 16,980.9 17,184.1 17,817.6 18,811.5 18,464.3 16,317.0 16,861.5 15,653.8 13,801.2 11,956.7 9,169.4 8,886.6 9,515.5 9,512.7 7,659.7 9,005.9 9,531.9 9,377.3 9,167.7 9,124.1 8,479.9 6,980.5 6,701.4 6,811.8 6,995.2 6,836.4 6,332.7 6,911.0 6,763.7 8,117.7 8,781.1 10,040.2 9,532.2 10,190.2 8,866.9 9,311.6 9,006.5 8,688.9 8,499.7 8,196.8 8,551.2 8,536.5 9,021.5 9,125.4 9,365.6 8,372.3 8,059.4 7,852.9 7,080.6 6,614.2 6,797.8 7,205.3 7,181.0 6,220.3 5,751.6 5,698.5 6,212.8 0 10,398.3 10,241.2 7,484.0 6,442.5 6,056.7 5,921.4 5,168.3 4,947.7 5,077.2 4,771.9 4,416.2 4,036.8 3,881.8 3,839.0 3,879.8 4,234.0 3,177.0 2,793.0 2,555.3 2,302.3 2,244.0 2,286.7 2,407.5 2,240.0 495.7 525.8 526.1 1,030.2 1,124.0 1,063.8 1,029.7 893.3 445.1 449.8 0 891.4 0 0 0
Other Current Assets 571.9 715.5 716.3 709.5 566.9 643.1 765.0 813.6 575.8 1,754.1 3,335.3 811.6 3,411.5 793.2 3,491.3 3,255.2 3,255.4 682.4 597.1 638.2 2,121.1 591.5 897.3 2,087.2 1,754.7 1,609.0 714.3 571.0 819.4 811.1 5,376.8 4,271.5 4,975.7 5,105.4 1,364.0 1,550.2 1,608.3 1,799.5 1,576.7 1,613.1 1,698.2 1,890.1 1,827.3 1,674.9 1,597.7 1,528.4 1,648.8 1,561.4 1,501.5 1,376.3 1,250.1 1,158.3 1,090.8 1,196.6 236.0 268.3 264.3 90.4 291.4 247.2 274.2 (23.9) 1,006.2 905.6 901.4 991.0 834.9 300.4 0 762.9 1,050.0 612.8 909.7 835.9 892.2 782.9 794.9 894.7 751.8 663.3 504.2 (162.0) 360.0 419.3 578.3 631.3 439.8 288.6 419.8 447.5 204.5 187.9 429.8 74.2 35.4 33.7 151.3 101.7 106.6 122.8 144.3 48.1 50.6 2,221.8 71.4 1,638.4 1,413.3 1,402.7
Total Current Assets 28,573.5 28,605.1 33,400.2 33,306.9 32,193.9 32,669.4 32,818.0 31,828.1 29,742.5 29,197.9 30,891.8 30,316.1 32,420.1 31,257.4 37,557.6 36,735.4 33,919.2 32,640.5 35,456.8 28,314.4 26,217.7 23,409.5 22,132.5 21,763.2 20,606.0 18,235.7 17,504.0 16,895.9 17,569.7 17,503.1 22,169.6 20,653.8 19,557.5 17,982.1 17,476.4 17,896.0 17,760.7 17,796.7 17,839.2 17,297.2 19,868.6 22,177.5 24,084.2 21,896.6 22,907.0 20,682.7 20,283.5 18,822.2 18,202.1 18,177.2 17,399.6 16,807.2 15,909.5 16,410.4 17,546.3 18,171.1 16,871.5 17,319.1 17,263.5 15,812.9 13,403.3 12,945.9 13,384.4 16,019.8 14,999.3 14,164.7 14,951.5 16,428.9 0 20,775.5 22,186.0 18,269.2 15,138.9 15,313.0 15,364.3 14,461.4 14,631.4 15,107.5 14,233.4 14,030.4 12,837.8 11,618.5 11,477.4 9,001.8 8,826.1 8,034.9 6,874.9 6,091.4 5,077.4 5,773.6 5,396.6 5,863.0 5,395.5 1,476.0 1,128.9 1,127.2 2,627.8 3,155.5 2,767.2 2,748.8 2,274.8 1,046.4 934.8 2,221.8 2,295.9 1,638.4 1,413.3 1,402.7
Non-Current Assets
Property, Plant & Equipment 32,008.0 31,912.3 32,269.6 32,097.6 31,437.9 30,760.0 27,423.0 26,679.7 24,956.7 24,063.2 23,291.5 22,063.5 21,615.9 21,383.6 20,612.9 19,842.2 18,637.0 19,603.5 18,723.0 17,887.2 18,683.3 18,068.2 18,499.3 18,442.6 18,305.2 16,678.8 16,554.6 16,257.7 16,391.8 15,546.5 15,806.8 16,036.9 15,510.2 16,443.7 18,097.7 18,502.1 18,916.1 19,351.9 20,074.6 20,164.8 22,322.7 22,784.3 24,761.2 23,443.8 23,771.4 22,131.8 21,694.4 21,084.7 21,242.0 21,419.1 20,806.8 20,473.4 19,622.8 19,690.2 19,289.4 18,406.2 17,442.7 17,295.1 16,882.3 15,799.1 16,027.0 16,171.6 15,930.5 16,238.9 16,612.3 16,731.1 17,114.1 17,926.0 0 20,054.7 17,279.1 16,320.1 15,408.6 15,827.9 15,050.0 13,650.9 13,336.4 12,775.0 11,978.3 10,927.9 10,436.1 8,214.4 8,257.6 7,489.1 7,410.9 7,140.7 7,108.4 7,402.8 6,647.9 7,570.3 7,413.8 8,001.4 7,380.2 1,557.6 1,574.0 1,554.0 3,215.1 4,118.9 3,859.9 3,973.9 3,007.9 1,626.8 1,619.9 3,700.5 3,632.4 2,439.3 2,310.1 2,299.6
Goodwill 11,376.3 11,995.7 11,955.6 12,260.1 12,873.4 13,853.1 12,132.2 12,369.3 11,156.3 10,825.1 11,181.2 10,777.3 11,338.2 11,634.5 12,040.5 11,685.3 10,609.2 12,427.5 12,651.3 11,668.3 13,235.5 12,103.5 13,098.6 12,723.9 12,093.1 9,469.3 9,768.8 9,020.6 9,163.9 9,112.4 9,409.2 9,122.7 7,924.3 7,891.1 9,203.5 9,586.6 9,198.9 9,470.0 12,286.9 12,165.5 13,407.6 15,124.4 17,335.2 14,406.7 14,969.9 12,556.4 11,776.4 10,706.1 10,970.3 11,353.0 10,843.6 10,753.1 9,838.1 10,033.4 9,951.5 9,869.7 8,955.7 9,155.8 9,053.7 7,744.9 8,030.0 8,158.1 8,225.4 8,604.0 8,536.0 8,424.3 8,521.7 9,366.4 0 11,294.1 9,311.8 7,444.8 6,443.5 6,043.4 6,025.3 1,057.7 951.2 718.2 466.1 847.6 468.2 345.2 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
Intangible Assets 685.0 691.4 711.9 414.1 388.1 400.6 389.8 394.1 364.1 373.7 420.2 432.8 455.2 415.2 436.5 435.7 449.4 509.8 507.6 517.0 606.9 622.6 692.3 743.0 773.6 673.3 724.3 727.8 748.9 836.1 910.5 945.6 908.7 972.1 1,079.5 1,174.4 1,203.2 1,319.9 1,388.0 1,452.1 1,664.4 1,835.8 1,913.4 1,637.1 1,715.5 1,547.1 1,504.8 1,428.5 1,472.3 1,497.9 1,456.4 1,431.2 1,341.1 1,364.4 1,346.0 1,349.8 1,254.7 1,273.7 1,279.4 1,115.5 1,166.2 1,176.8 965.9 969.7 997.9 992.8 1,010.1 1,026.0 0 1,712.9 1,459.7 1,262.4 1,041.0 1,073.7 1,111.4 0 0 0 0 0 0 0 0 332.8 375.7 386.3 403.9 0 344.9 0 0 0 413.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 3,863.2 3,944.5 4,045.7 3,956.5 3,863.8 4,222.3 4,197.2 4,263.1 4,073.7 3,858.4 5,002.2 4,721.5 4,613.4 3,896.5 4,202.5 3,925.5 3,330.2 3,340.8 2,977.9 2,551.9 2,572.1 2,271.6 2,309.6 2,156.7 2,048.5 1,812.4 1,847.1 1,787.3 1,753.7 1,743.3 1,472.4 1,454.9 1,331.4 1,280.3 1,212.3 1,343.0 975.2 798.8 1,031.0 1,108.0 1,246.6 1,392.9 1,494.4 1,561.5 1,667.7 1,394.4 1,331.1 1,514.5 1,554.3 1,590.0 1,496.8 1,491.8 1,344.4 1,425.6 1,463.6 1,595.1 1,444.7 1,439.9 1,383.6 1,313.4 1,333.3 1,315.8 1,251.1 1,336.7 1,300.1 1,269.2 1,315.7 1,423.8 0 1,874.4 0 0 0 646.9 0 0 0 445.5 0 0 0 440.4 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
Other Non-Current Assets 1,981.7 1,977.3 2,517.0 2,525.0 2,508.9 2,481.4 2,638.5 4,413.5 4,397.2 4,347.3 3,606.4 3,533.5 3,502.0 3,047.0 2,670.5 2,518.9 2,329.0 2,363.2 2,747.1 3,191.7 3,328.0 3,254.2 3,125.7 3,109.5 3,127.4 3,062.3 2,805.1 2,808.5 2,729.7 2,665.7 2,740.0 2,738.2 2,665.5 2,678.0 2,651.0 2,626.0 2,560.3 2,490.5 2,620.7 2,609.7 2,439.4 2,472.3 2,352.9 2,226.3 2,259.9 2,162.7 2,548.2 2,425.5 2,140.0 2,121.3 2,040.6 2,005.1 2,023.1 1,958.9 1,858.1 1,854.8 2,023.0 1,950.2 2,129.1 1,934.8 1,555.9 1,544.0 1,220.0 1,280.8 1,245.0 1,654.1 1,077.1 1,712.3 0 1,572.4 3,819.0 3,321.6 2,792.5 1,133.3 2,174.1 2,169.7 1,985.5 1,451.0 1,416.2 1,627.2 1,399.1 676.6 512.8 1,166.6 1,179.6 1,022.0 1,252.8 746.2 1,027.1 1,235.5 730.5 832.3 928.5 4,032.7 2,371.3 2,234.1 912.2 547.6 492.5 474.1 896.1 1,698.3 1,621.2 400.0 433.5 844.8 331.1 351.7
Total Non-Current Assets 52,474.0 53,083.1 53,855.5 53,547.2 53,382.3 54,145.1 49,033.4 50,571.1 47,218.5 45,687.2 45,518.6 43,479.4 43,326.5 42,541.2 42,214.7 40,921.4 37,620.2 41,174.1 39,905.4 38,577.6 41,802.5 39,713.6 41,293.7 40,837.2 40,042.6 35,767.3 35,542.1 34,229.4 34,575.6 33,777.9 33,949.4 33,809.3 31,418.8 32,319.6 35,099.0 36,279.1 35,796.9 36,838.4 40,873.5 40,936.5 45,136.2 47,917.2 52,405.5 46,881.9 47,936.4 42,359.6 41,188.9 39,071.4 39,351.5 40,037.8 38,808.8 38,249.2 35,897.5 36,682.8 36,052.2 35,175.2 32,756.7 32,662.6 32,163.9 29,223.2 29,528.3 29,945.3 29,424.0 30,308.0 30,636.2 30,418.6 30,980.5 32,842.7 0 38,275.0 32,136.2 29,248.7 25,928.7 26,240.9 24,729.5 17,165.3 16,692.3 15,790.0 14,321.7 13,897.7 12,841.1 10,100.9 9,267.2 9,325.6 9,373.8 9,069.4 9,468.9 8,968.7 8,687.3 8,805.8 8,623.3 9,131.5 8,764.9 5,620.3 3,968.6 3,811.4 4,229.2 4,699.7 4,400.2 4,481.4 4,026.8 3,325.1 3,241.1 4,100.5 4,065.9 3,284.1 2,641.2 2,651.3
Total Assets 81,047.5 81,688.2 87,255.7 86,854.1 85,576.2 86,814.5 81,851.3 82,399.3 76,961.1 74,885.1 76,410.4 73,795.5 75,746.6 73,798.7 79,772.3 77,656.8 71,539.4 73,814.6 75,362.2 66,892.0 68,020.2 63,123.0 63,426.2 62,600.4 60,648.5 54,003.0 53,046.1 51,125.3 52,145.3 51,281.0 56,119.0 54,463.1 50,976.4 50,301.8 52,575.4 54,175.1 53,557.6 54,635.1 58,712.7 58,233.7 65,004.8 70,094.7 76,489.7 68,778.4 70,843.4 63,042.3 61,472.4 57,893.7 57,553.7 58,215.0 56,208.4 55,056.4 51,807.0 53,093.2 53,598.5 53,346.3 49,628.2 49,981.8 49,427.3 45,036.1 42,931.6 42,891.3 42,808.3 46,327.8 45,635.6 44,583.3 45,932.0 49,271.7 56,104.2 59,050.5 54,322.2 47,517.9 41,067.6 41,553.9 40,093.8 31,626.7 31,323.8 30,897.5 28,555.1 27,928.1 25,678.9 21,719.5 20,744.7 18,327.5 18,199.8 17,104.3 16,343.9 15,060.1 13,764.7 14,579.4 14,019.9 14,994.6 14,160.3 7,096.2 5,097.5 4,938.7 6,857.0 7,855.2 7,167.4 7,230.2 6,301.6 4,371.5 4,175.9 6,322.2 6,361.8 4,922.4 4,054.6 4,054.0
Current Liabilities
Account Payables 5,952.5 5,009.7 5,498.1 5,567.4 6,433.3 5,718.1 5,656.4 5,933.9 6,080.1 5,901.2 5,696.3 6,208.7 6,853.6 6,618.9 9,109.3 9,394.8 8,069.2 8,017.1 7,244.5 6,895.3 6,729.4 5,438.0 4,552.7 3,908.5 4,313.9 3,762.8 3,890.1 3,832.8 4,066.8 4,335.1 4,149.6 4,204.1 3,496.3 3,180.0 3,211.9 3,062.4 3,154.3 2,743.8 2,557.7 2,756.8 3,343.3 3,629.8 4,129.4 3,569.4 3,745.3 3,236.4 3,506.7 3,447.8 3,183.2 3,271.4 3,289.3 3,302.7 3,020.2 3,059.7 3,325.6 3,527.4 3,228.7 3,212.2 3,171.2 2,817.5 2,387.7 1,783.3 2,007.8 2,315.4 2,180.3 1,705.1 1,623.9 1,698.4 2,166.0 2,855.4 4,114.4 3,446.6 2,720.8 2,586.6 2,568.2 2,447.8 2,510.3 2,374.2 2,243.5 2,193.5 1,880.3 1,579.3 1,494.1 1,600.2 1,667.7 1,530.9 1,432.9 1,531.7 1,074.8 1,028.1 971.2 1,185.8 997.7 119.7 110.8 105.7 319.1 477.9 384.2 380.9 405.9 96.0 82.6 0 310.4 0 0 0
Short-Term Debt 909.8 941.9 3,315.2 2,553.4 2,255.1 735.0 1,813.4 1,711.2 1,710.8 1,797.6 1,355.9 1,010.0 2,962.2 3,121.1 3,885.7 3,550.0 2,084.2 1,766.5 747.0 261.1 452.1 1,431.5 2,173.2 3,867.0 3,659.2 1,562.2 2,262.0 1,873.9 2,938.9 1,824.9 2,177.3 2,317.1 2,179.7 2,004.3 4,480.5 4,186.3 4,184.8 4,458.2 2,195.6 1,959.4 2,463.8 2,387.2 2,132.5 2,583.8 2,365.8 2,037.9 1,949.6 1,298.5 1,755.8 1,838.4 1,769.2 1,769.8 3,332.7 2,582.4 3,092.5 2,970.6 1,927.7 1,757.0 1,610.8 1,288.9 1,728.5 1,693.0 2,481.7 1,482.8 1,351.9 1,356.8 2,126.6 2,826.3 3,449.4 3,933.1 3,097.3 3,140.6 2,055.3 2,539.1 4,214.0 2,021.1 1,927.5 2,271.4 2,277.1 2,520.5 1,514.9 1,322.9 1,269.6 1,248.4 1,788.1 1,799.0 2,204.0 2,216.7 2,303.8 3,127.6 3,179.2 4,601.2 3,910.8 891.6 488.2 553.9 1,322.6 1,860.2 1,620.1 1,650.9 1,347.4 444.7 444.8 0 1,295.1 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,814.3 1,943.7 1,650.9 1,715.8 1,761.2 2,291.3 1,531.0 1,741.5 1,248.5 1,351.1 1,656.5 1,501.0 1,161.6 1,497.8 1,345.2 1,206.6 1,177.5 1,367.6 1,099.6 1,077.3 1,883.0 1,868.8 791.1 1,137.0 884.3 728.3 774.3 760.4 759.4 838.8 1,602.6 1,182.7 1,673.9 1,731.6 619.2 627.5 572.0 539.3 492.8 471.9 788.0 875.5 860.0 679.0 772.2 916.1 600.5 645.7 650.7 700.2 571.5 408.9 414.3 1,046.4 414.1 471.7 420.6 462.0 1,123.8 478.8 483.5 455.1 379.2 325.0 315.2 360.7 408.4 822.3 501.7 609.9 2,660.4 1,815.1 1,843.4 480.6 1,855.5 1,658.8 1,535.6 901.8 1,520.2 1,333.1 1,137.5 583.6 1,018.6 617.2 954.6 1,220.6 1,008.1 723.0 831.4 643.0 555.1 663.3 712.0 143.8 204.7 160.2 404.1 395.5 339.3 296.0 138.2 168.5 176.1 1,882.2 298.3 1,074.7 826.4 792.2
Total Current Liabilities 10,360.4 9,887.4 12,353.5 11,522.0 12,193.0 10,851.4 11,026.2 11,246.9 10,642.4 11,284.6 10,534.2 10,310.5 13,031.3 13,462.6 16,667.2 16,527.6 13,945.7 14,036.8 13,155.1 10,975.8 11,375.1 11,482.1 9,171.4 10,164.1 10,136.5 7,424.5 8,219.8 7,715.2 9,296.8 8,504.3 9,151.1 8,740.8 8,175.1 7,714.1 9,231.3 8,608.2 8,634.6 8,621.5 6,168.3 6,079.7 7,437.3 7,863.0 8,427 8,119.7 8,059.8 7,772.8 7,560.4 6,674.8 6,903.5 7,236.6 6,949.6 6,730.8 7,883.0 7,823.2 8,069.6 8,250.6 6,666.1 6,777.0 6,452.5 5,705.1 5,611.6 5,021.9 6,110.8 5,283.1 5,013.9 4,818.5 5,327.8 6,007.7 6,948.7 8,475.4 9,872.1 8,402.3 6,619.5 6,587.1 8,637.8 6,127.7 5,973.4 6,236.1 6,040.8 6,047.1 4,532.6 3,925.7 3,782.2 3,673.4 4,548.0 4,550.6 4,645.0 4,471.5 4,209.9 4,798.7 4,705.5 6,450.2 5,620.5 1,155.1 803.6 819.8 2,045.7 2,733.6 2,343.5 2,327.9 1,891.5 709.2 703.5 1,882.2 1,903.8 1,074.7 826.4 792.2
Non-Current Liabilities
Long-Term Debt 12,924.6 13,240.2 15,328.7 15,536.9 12,251.3 12,901.4 10,719.5 10,897.6 9,354.8 9,120.7 10,147.4 9,710.1 9,323.5 9,511.1 9,000.7 8,920.9 10,704.6 12,297.8 16,426.3 15,576.3 17,313.2 16,106.7 17,367.7 17,110.1 16,370.3 14,487.6 13,235.5 12,805.2 12,059.4 13,083.1 16,016.8 15,799.6 14,541.0 14,505.2 14,193.4 15,778.0 15,516.1 16,125.0 18,902.6 18,714.7 21,220.1 24,074.5 25,450.8 19,981.9 20,916.4 17,483.6 16,515.7 15,415.3 15,003.6 14,868.5 14,022.2 13,888.7 11,610.1 12,086.2 11,875.2 11,921.0 11,533.4 11,926.5 11,912.9 10,618.6 12,506.3 12,977.0 11,824.4 13,270.4 13,278.7 13,164.1 13,950.9 16,094.4 18,699.9 19,300.7 15,875.0 13,329.8 13,314.0 13,364.3 12,099.3 7,223.8 7,522.7 945.3 6,649.5 6,648.5 6,954.4 967.2 5,994.6 4,329.1 4,316.8 4,028.1 4,266.3 4,136.7 3,715.7 3,759.8 3,557.8 2,708.3 3,523.3 1,584.7 1,214.1 1,230.1 1,684.4 1,761.9 1,673.3 1,741.4 1,620.9 1,100.3 935.7 0 1,652.2 0 0 0
Deferred Tax Liabilities 2,711.9 2,646.2 2,635.2 2,351.7 2,469.4 2,492.0 2,337.5 2,289.6 2,299.4 2,390.0 2,396.8 2,232.4 2,171.9 2,122.3 1,965.5 1,913.3 1,835.0 1,840.0 1,323.2 1,290.0 1,269.2 1,234.1 971.8 839.0 810.5 1,326.7 837.2 756.5 758.1 888.7 1,164.9 942.8 914.9 910.6 1,063.4 1,372.8 1,328.4 2,634.7 2,829.3 2,763.8 2,829.9 2,819.2 3,120.2 2,944.0 2,896.7 2,520.9 2,646.0 2,491.8 2,474.3 2,481.8 2,537.5 2,502.2 2,380.2 2,877.3 1,750.2 1,764.1 1,768.7 2,766.4 1,851.4 1,885.3 1,975.5 2,270.8 2,159.7 2,225.9 2,270.4 2,273.8 2,210.2 2,374.3 2,986.0 3,060.3 1,920.3 2,610.6 1,467.9 2,346.1 1,581.6 828.3 896.1 887.2 766.8 589.3 624.0 330.8 497.2 141.5 155.8 321.4 399.0 591.0 208.1 0 398.0 474.2 150.0 32.0 32.9 26.2 351.3 344.9 312.9 310.3 281.7 0 0 0 251.4 0 0 0
Other Non-Current Liabilities 1,011.3 1,113.1 1,236.8 1,300.4 1,424.0 1,545.9 1,378.9 1,687.6 1,640.9 1,946.6 1,549.0 1,487.9 1,612.6 1,649.7 2,020.6 2,078.0 1,867.4 2,181.0 2,518.8 2,306.5 2,739.4 2,590.1 3,802.9 3,600.0 3,338.2 2,989.2 2,863.0 2,762.0 2,887.9 2,866.4 3,024.0 3,301.7 3,210.9 3,277.9 3,184.6 3,070.3 3,162.1 2,979.3 2,971.6 2,914.5 3,231.3 3,367.6 3,479.3 2,270.9 2,530.8 2,010.5 1,542.0 1,605.7 1,528.9 1,607.4 1,563.5 1,470.2 1,458.4 1,508.5 3,017.5 2,988.7 2,917.6 1,992.0 2,580.1 2,321.2 2,451.9 2,473.9 2,437.3 2,320.5 2,418.2 2,322.1 2,397.6 2,471.5 2,956.9 3,170.5 1,761.3 2,120.3 1,693.7 2,533.1 1,582.2 1,628.4 1,621.9 12,314.3 1,292.8 1,314.2 1,241.8 8,221.5 787.0 656.3 774.2 784.2 975.4 716.0 818.3 1,111.7 660.4 707.7 711.6 1,214.6 207.2 196.2 302.1 317.2 295.3 305.9 347.1 248.2 288.0 2,150.2 378.5 1,777.5 1,242.9 1,297.5
Total Non-Current Liabilities 17,715.2 18,002.3 20,164.2 20,207.9 17,163.7 17,789.3 15,309.2 15,810.4 14,207.8 14,361.7 15,088.7 14,327.9 13,913.1 14,037.9 13,726.5 13,610.9 15,057.5 16,962.2 20,908.7 19,775.9 21,950.9 20,555.7 22,761.5 22,175.0 21,187.3 19,405.3 17,328.0 16,841.6 16,402.2 16,838.2 20,205.6 20,044.1 18,666.8 18,693.7 18,441.5 20,221.2 20,006.6 21,739.0 24,703.5 24,393.1 27,281.3 30,261.3 32,050.3 25,196.8 26,344.0 22,015 20,703.8 19,512.8 19,006.8 18,957.7 18,123.2 17,861.1 15,448.7 16,472.1 16,642.9 16,673.8 16,219.7 16,685.0 16,344.5 14,825.2 16,933.8 17,721.7 16,421.4 17,816.8 17,967.3 17,760.0 18,558.6 20,940.2 24,642.8 25,531.5 19,556.6 18,060.6 16,475.6 18,243.6 15,263.1 9,680.5 10,040.7 14,146.8 8,709.1 8,552.1 8,820.3 9,519.5 7,278.8 5,127.0 5,246.7 5,133.7 5,640.7 5,443.7 4,742.1 4,871.6 4,616.2 3,890.2 4,384.9 2,831.3 1,454.1 1,452.5 2,337.8 2,424.0 2,281.5 2,357.5 2,249.7 1,348.5 1,223.6 2,150.2 2,282.2 1,777.5 1,242.9 1,297.5
Total Liabilities 28,075.5 27,889.7 32,517.7 31,729.9 29,356.7 28,640.7 26,335.4 27,057.4 24,850.1 25,646.3 25,622.9 24,638.4 26,944.4 27,500.5 30,393.7 30,138.5 29,003.2 30,999.0 34,063.8 30,751.7 33,326.0 32,037.8 31,932.9 32,339.1 31,323.8 26,829.8 25,547.8 24,556.8 25,699.0 25,342.5 29,356.7 28,784.9 26,841.8 26,407.8 27,672.8 28,829.3 28,641.2 30,360.5 30,871.8 30,472.7 34,718.6 38,124.3 40,477.3 33,316.5 34,403.8 29,787.8 28,264.2 26,187.6 25,910.4 26,194.3 25,072.7 24,591.9 23,331.7 24,295.2 24,712.5 24,924.4 22,885.8 23,462.0 22,797.0 20,530.3 22,545.4 22,743.6 22,532.2 23,099.9 22,981.2 22,578.5 23,886.4 26,947.9 31,591.4 34,006.9 29,428.6 26,463.0 23,095.1 24,830.7 23,900.9 15,808.2 16,014.2 20,382.9 14,749.9 14,599.2 13,352.9 13,445.2 11,061.0 8,800.3 9,794.7 9,684.3 10,285.6 9,915.2 8,952.0 9,670.2 9,321.6 10,340.4 10,005.4 3,986.3 2,257.8 2,272.4 4,383.5 5,157.6 4,625.0 4,685.4 4,141.2 2,057.7 1,927.1 4,032.4 4,186.0 2,852.2 2,069.3 2,089.7
Stockholders' Equity
Common Stock 24,273.2 24,273.2 24,273.2 24,273.2 24,273.2 24,273.2 24,273.2 24,273.2 20,215.3 20,215.3 20,215.3 20,215.3 20,215.3 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 19,249.2 15,651.4 0 14,184.8 14,184.8 14,184.8 14,184.8 14,184.8 14,184.8 14,184.8 0 0 0 0 0 0 0 0 0 0 0 4,827.4 0 5,220.5 5,157.1 4,088.2 4,401.5 4,748.4 1,730.9 2,835.0 1,721.6 1,708.8 1,344.3 995.2 1,265.0 1,288.8 1,268.6 648.5 1,283.5 1,270.0 1,321.8 544.5 1,320.5 1,323.0 0 1,316.9 0 0 0
Retained Earnings 23,723.2 23,054.5 22,914.2 23,143.0 24,287.7 24,238.2 25,089.9 23,996.8 25,741.0 25,914.8 26,159.2 25,329.2 24,085.3 22,172.6 25,565.6 23,754.4 20,443.7 17,838.5 17,052.6 13,043.9 9,804.9 7,292.3 6,958.5 6,173.1 5,857.8 5,644.7 5,667.4 5,502.2 5,251.7 4,806.1 4,813.8 4,268.2 3,709.7 3,315.4 4,751.2 4,650.8 4,575.8 3,763.2 6,862.6 6,822.0 6,915.9 6,908.1 9,785.5 11,813.3 11,658.9 11,714.8 11,398.0 11,248.1 10,870.2 10,472.8 10,156.8 9,682.0 9,326.0 9,180.2 7,259.1 7,022.9 6,601.1 8,347.4 6,513.7 5,922.3 5,486.3 5,534.5 6,583.6 6,637.7 6,049.8 5,578.0 5,418.9 4,877.3 5,142.5 5,099.4 3,870.6 4,733.4 5,021.0 5,756.5 4,411.2 4,084.5 3,716.7 3,113.1 2,831.8 2,490.4 4,027.8 3,341.5 1,732.1 2,878.8 4,010.2 3,815.6 2,847.1 286.7 3,351.2 475.0 315.2 172.9 3,315.4 519.1 211.0 73.5 1,770.7 280.9 169.5 92.7 1,318.2 225.1 163.5 651.4 559.4 1,142.0 958.4 893.3
Accumulated Other Comprehensive Income 5,329.8 9,682.4 10,806.0 10,976.9 10,830.2 13,076.3 9,274.5 9,862.2 4,017.7 5,983.6 7,282.8 6,491.9 7,378.2 7,779.1 8,344.1 7,707.2 5,639.5 8,539.8 7,805.0 6,644.3 8,475.6 7,418.9 8,163.1 7,730.0 7,114.2 5,175.2 5,491.4 4,745.0 4,866.8 4,826.6 5,544.3 4,932.2 3,985.1 4,027.6 3,589.6 4,134.2 3,789.7 3,987.8 4,445.7 4,312.7 7,089.2 8,789.4 9,938.6 5,413.1 6,501.7 3,203.0 2,762.0 1,466.4 1,810.0 2,589.1 1,813.3 1,635.4 466.5 835.1 0 0 0 (635.3) 0 0 0 (1,576.7) (1,768.2) 0 0 (1,357.4) (1,576.5) (768.9) 1,587.2 1,003.7 395.9 (1,942.9) 1,774.1 (1,049.3) 1,149.2 898.8 277.8 158.7 (346.7) (405.2) (92.2) 463.9 852.5 (766.6) (1,367.7) (1,856.6) (2,527.8) 2,359.2 (2,130.5) 1,597.5 1,565.4 1,988.1 (3,248.3) 1,325.8 1,340.0 1,324.2 (1,319.0) 1,037.2 1,017.1 1,049.3 (874.7) 768.3 762.2 0 186.8 0 0 0
Total Stockholders' Equity 52,772.5 53,585.4 54,539.2 54,923.0 56,017.1 57,948.8 55,295.0 55,130.3 51,919.4 49,059.0 50,600.9 48,976.9 48,618.1 46,116.2 49,188.2 47,333.2 42,328.4 42,604.3 41,083.0 35,913.6 34,443.3 30,860.3 31,270.6 30,051.6 29,120.6 26,955.7 27,282.4 26,365.1 26,235.6 25,730.6 26,549.6 25,387.1 23,879.3 23,645.2 24,640.2 25,083.2 24,663.5 24,028.1 27,582.3 27,503.6 30,014.0 31,685.8 35,708.2 34,353.3 35,313.3 32,200.8 31,441.5 29,995.7 29,961.0 30,339.1 29,203.1 28,547.1 27,016.8 27,245.6 27,322.7 26,910.7 25,221.2 24,997.5 25,110.1 23,042.7 19,264.5 19,470.4 19,055.7 19,433.2 19,035.8 18,507.5 18,050.7 18,167.3 19,952.5 20,166.5 18,468.7 16,841.2 12,925.7 12,780.0 11,996.6 11,772.1 11,233.5 10,514.6 10,094.9 9,780.8 9,024.2 8,274.3 7,805.1 7,535.9 6,700.1 6,326.7 5,030.4 4,376.8 4,048.1 3,794.1 3,589.5 3,505.3 3,062.0 3,109.9 2,839.8 2,666.3 2,398.3 2,601.6 2,456.6 2,463.8 2,077.9 2,313.8 2,248.7 2,289.9 2,063.1 2,070.3 1,985.3 1,964.2
Total Liabilities & Equity 81,047.5 81,688.2 87,255.7 86,854.1 85,576.2 86,814.5 81,851.3 82,399.3 76,961.1 74,885.1 76,410.4 73,795.5 75,746.6 73,798.7 79,772.3 77,656.8 71,539.4 73,814.6 75,362.2 66,892.0 68,020.2 63,123.0 63,426.2 62,600.4 60,648.5 54,003.0 53,046.1 51,125.3 52,145.3 51,281.0 56,119.0 54,463.1 50,976.4 50,301.8 52,575.4 54,175.1 53,557.6 54,635.1 58,712.7 58,233.7 65,004.8 70,094.7 76,489.7 68,778.4 70,843.4 63,042.3 61,472.4 57,893.7 57,553.7 58,215.0 56,208.4 55,056.4 51,807.0 53,093.2 53,598.5 53,346.3 49,628.2 49,981.8 49,427.3 45,036.1 42,931.6 42,891.3 42,808.3 46,327.8 45,635.6 44,583.3 45,932.0 49,271.7 56,104.2 59,050.5 54,322.2 47,517.9 41,067.6 41,553.9 40,093.8 31,626.7 31,323.8 30,897.5 28,555.1 27,928.1 25,678.9 21,719.5 20,744.7 18,327.5 18,199.8 17,104.3 16,343.9 15,060.1 13,764.7 14,579.4 14,019.9 14,994.6 14,160.3 7,096.2 5,097.5 4,938.7 6,857.0 7,855.2 7,167.4 7,230.2 6,301.6 4,371.5 4,175.9 6,322.2 6,361.8 4,922.4 4,054.6 4,054.0
Debt Metrics
Total Debt 15,374.7 15,571.3 19,989.3 19,519.4 15,994.1 14,917.2 13,828.3 13,958.0 12,374.2 12,195.9 12,869.5 11,931.0 13,386.4 13,662.9 13,894.4 13,434.7 13,706.0 14,982.7 18,078.3 16,670.5 18,640.1 18,394.7 20,384.6 21,830.3 20,932.5 16,854.1 16,106.1 15,416.5 15,910.7 14,908.1 18,194.1 18,116.7 16,720.6 16,509.6 18,674.0 19,964.3 19,701.0 20,583.2 21,098.2 20,674.0 23,683.9 26,461.8 27,583.3 22,565.7 23,282.2 19,521.5 18,465.3 16,713.8 16,759.4 16,706.8 15,791.4 15,658.6 14,942.8 14,668.6 14,967.7 14,891.6 13,461.2 13,683.5 13,523.7 11,907.5 14,234.8 14,670.0 14,306.1 14,753.2 14,630.6 14,520.9 16,077.5 18,920.7 22,149.3 23,233.8 18,972.2 16,470.4 15,369.4 15,903.4 16,313.3 9,244.8 9,450.3 3,216.7 8,926.6 9,169.0 8,469.3 2,290.1 7,264.2 5,577.4 6,104.8 5,827.2 6,470.3 6,353.4 6,019.5 6,887.5 6,737.0 7,309.5 7,434.1 2,476.3 1,702.2 1,784.1 3,006.9 3,622.1 3,293.3 3,392.3 2,968.2 1,545.0 1,380.5 0 2,947.4 0 0 0
Net Debt 10,098.9 9,642.1 10,599.7 11,018.5 9,514.5 7,149.3 5,754.1 9,068.6 8,631.1 9,190.3 9,954.9 9,374.9 10,804.5 11,187.1 7,708.7 7,658.0 8,810.8 10,822.1 14,102.3 13,644.3 14,398.2 13,777.5 16,213.5 17,766.7 17,116.6 14,212.5 13,814.6 13,665.6 13,969.0 12,017.9 15,398.9 15,479.0 14,345.2 13,954.2 15,411.0 15,658.8 15,224.8 15,519.9 17,149.5 16,864.6 18,953.9 20,813.7 22,392.8 18,775.1 19,686.1 16,471.5 15,593.2 14,085.8 14,888.5 14,607.6 13,825.9 14,419.4 13,883.4 13,231.3 13,302.1 13,227.5 12,102.4 12,206.9 12,245.1 10,725.1 13,156.4 13,609.0 13,706.9 12,877.9 12,786.9 12,429.0 13,429.7 15,936.7 22,149.3 21,207.2 16,700.7 14,429.0 13,303.7 13,877.3 15,083.1 8,294.5 8,641.6 2,181.3 7,933.4 7,574.4 6,708.8 1,047.0 7,029.3 4,603.1 5,443.6 5,096.2 5,991.9 6,132.4 5,752.6 6,732.3 6,482.4 7,166.3 7,290.9 2,449.1 1,691.0 1,779.9 2,942.3 2,712.5 2,615.8 2,710.8 2,944.0 1,530.2 1,374.7 0 2,929.3 0 0 0
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 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 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Operating Activities
Net Income 1,013.4 (1,293.7) 1,089.9 864.5 757.8 323.0 1,356.2 867.0 2,052.9 586.8 1,592.1 2,142.7 3,215.4 1,218.4 3,022.2 4,298.5 2,940.4 3,560.0 5,593.9 3,934.5 2,470.5 1,056.8 794.6 315.3 221.3 102.2 289.3 372.8 452.6 389.2 790.5 698.3 448.4 (1,383.6) 144.9 76.5 823.5 (3,074.5) 95.2 79.2 14.2 (3,169.5) (1,958.3) 264.5 267.4 393.0 262.0 393.3 440.1 491.6 641.6 401.0 159.5 142.7 408.4 548.5 396.6 471.6 713.3 503.2 409.4 419.7 609.0 856.0 572.7 643.5 655.1 (329.1) 35.0 1,041.3 1,167.7 1,938.5 797.4 589.6 347.4 1,067.4 873.7 814.4 568.1 897.5 948.3 88.1 657.8 663.1 591.6 1,228.4 830.5 426.1 683.7 247.4 251.6 289.2 230.5 305.0 164.7 120.5 29.0 144.7 122.6 92.4 60.0 99.0 100.4 108.3 71.6 109.3 66.0 105.8
Depreciation & Amortization 902.4 935.7 937.6 936.5 873.8 832.9 796.3 771.3 725.8 790.8 789.1 752.5 714.8 769.2 737.5 701.2 658.8 706.6 672.7 630.5 648.8 683.8 647.1 611.5 556.6 539.7 502.0 526.8 505.8 503.9 477.8 456.5 453.5 523.9 514.4 526.2 528.1 671.3 566.2 617.3 681.2 707.0 671.3 626.3 603.3 590.1 555.4 540.2 541.7 561.5 527.7 476.2 464.1 465.4 465.0 459.1 437.9 456.1 437.4 430.9 447.6 476.6 484.7 472.1 459.8 426.7 401.7 442.5 474.4 303.4 761.9 406.0 424.9 377.6 257.2 279.2 311.5 229.0 317.1 258.0 271.0 127.6 121.7 125.6 214.7 91.9 237.4 171.1 81.5 157.2 132.0 155.6 267.7 150.3 109.7 105.2 20.1 109.3 92.9 93.2 27.2 85.6 89.7 72.2 78.6 44.4 38.7 36.5
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16.4 17.4 0 0 11.7 10.7 8.9 9.5 14.7 9.3 10.4 6.7 13.4 0 9.3 0 0 0 6.3 14.3 0 12.0 8.8 12.4 7.7 23.2 5.2 11.8 9.7 8.8 9.2 13 15.2 5.0 5.1 5.8 12.1 5.1 13.7 9.9 (2.5) 2.2 4.3 16.8 (23.1) 20.0 4.9 14.8 2.6 7.3 (2.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (1,302.1) 1,858.1 406.8 (419.9) (1,231.2) 762.4 2,042.6 (27.6) (1,403.7) 1,156.7 985.8 (634.4) (1,472.5) (357.0) (291.0) (1,298.7) (2,591.6) 1,236.7 (1,377.9) (4,053.6) (2,616.2) 715.7 1,219.2 (174.5) (1,149.6) 2,023.5 1,257.4 (625.8) (1,400.2) 980.0 (1,381.3) (1,105.7) (1,228.1) 241.4 (71.1) (645.7) (477.2) 949.3 (413.5) 44.4 (173.8) 932.7 1,386.5 (137) (533.4) 513.1 64.5 (134.8) (1,325.7) 406.2 310.7 882.2 (449.9) (1,845.0) 120.6 (757.2) (1,150.7) 535.9 (686.4) (1,929.4) 106.0 (1,503.4) 685.7 (536.1) (349.7) 385.3 1,354.7 582.5 1,582.4 930.3 (2,244.3) (2,709.9) 234.1 279.1 (785.6) 1,099.6 375.6 (1,007.1) (1,073.2) (242.9) 524.0 (3,454.8) (2,021.3) (307.8) (641.3) (17.0) (464.5) (260.8) 13.5 153.1 (136.9) (300.0) (571.2) (100.9) (134.9) (152.1) (121.7) 81.9 (43.5) (37.3) (67.5) 36.1 (88.8) (104.2) (55.4) (69.3) (96.7) 22.5
Other Non-Cash Items 345.1 1,535.6 115.6 (597.8) 152.6 736.5 1,161.5 216.0 (805.8) 910.3 (1,368.0) 572.9 (467.9) (844.7) (1,177.4) (1,044.9) (265.3) 3,129.2 (4,231.1) (836.4) 213.8 575.7 (623.3) (873.8) 1,573.6 (2,669.4) (367.2) 12.3 (16.5) 114.3 (18.6) 640.4 (23.7) 4,039.7 (728.6) 65.8 (1,363.6) 3,231.7 51.3 (587.5) 77.1 3,600.8 3,489.8 329.3 1,208.3 (856.5) (102.3) 213.6 312.2 (581.0) 245.2 (680.4) 239.8 2,171.6 234.7 835.5 988.9 (155.8) (129.8) (39.0) (127.9) 1,402.3 (433.0) 36.8 (34.4) (252.4) (943.4) 1,039.7 (186.5) (1,777.5) 2,306.0 (1,083.1) 190.6 247.5 1,060.7 (745.8) 75.4 286.8 233.0 (91.8) 176.4 529.7 (9.4) (73.7) 222.9 (53.3) 166.4 277.3 (970.1) 382.1 (6.2) 218.0 216.3 82.4 328.4 119.1 (13.8) 96.6 37.1 21.9 (10.0) (4.9) 30.5 6.1 15.8 50.8 82.0 40.0
Operating Cash Flow 1,509.3 3,147.1 2,925.0 1,014.5 900.9 2,786.7 5,827.8 1,935.5 831.3 3,613.3 2,344.9 3,216.8 1,963.7 1,724.3 3,248.3 3,857.4 2,320.2 7,821.8 2,576.1 550.4 1,568.7 2,594.7 2,485.6 166.4 1,161.2 (160.1) 1,615.4 544.1 (356.7) 1,717.3 33.4 453.1 (204.1) 2,290.3 (230.9) (19.6) 36.4 1,679.4 364.1 543.7 929.1 1,953.8 2,982.7 1,281.8 944.0 618.0 671.6 1,114.3 167.0 890.7 1,834.9 906.9 466.0 1,172.2 1,301.0 1,046.5 815.4 1,333.3 337.7 (874.1) 913.2 883.3 1,495.3 985.3 775.3 1,218.0 1,622.3 1,661.7 1,814.7 1,749.0 1,625.4 (1,357.0) 1,618.0 1,645.7 899.4 1,667.1 1,695.8 275.2 (8.4) 837.4 1,997.6 (2,709.4) (1,159.0) 530.1 448.8 1,214.2 769.8 613.7 (191.5) 939.9 240.4 362.8 143.2 436.8 467.9 192.7 (86.5) 432.5 209.1 170.2 9.7 215.8 131.8 82.4 110.7 135.2 89.9 204.8
Investing Activities
Capital Expenditure (1,205.2) (1,517.2) (1,763.1) (1,700.4) (1,872.1) (1,911.5) (1,699.8) (1,225.6) (1,109.5) (1,576.5) (1,517.2) (1,260.5) (982.0) (1,745.2) (1,109.8) (997.2) (629.1) (1,273.2) (835.9) (611.0) (472.2) (620.1) (380.6) (295.1) (509.2) (521.8) (561.7) (449.8) (313.6) (385.3) (347.2) (308.6) (221.1) (283.7) (179.1) (203.6) (244.8) (233.8) (290.9) (338.5) (514.7) (613.0) (544.2) (658.1) (636.0) (762.3) (459.9) (459.9) (726.6) (720.3) (787.9) (649.7) (598.8) (733.9) (934.5) (878.6) (737.1) (698.3) (658.9) (365.1) (380.7) (554.7) (372.6) (217.6) (238.6) (194.0) (292.2) (383.7) (507.9) (729.1) (1,045.3) (519.8) (446.9) (440.2) (552.9) (625.9) (746.4) (503.9) (627.2) (554.2) (526.7) (464.7) (364.2) (354.2) (459.7) (245.5) 0 0 (238.2) (201.4) (138.9) (280.6) (253.9) (129.3) (35.0) (239.8) (313.8) (105.3) (50.3) (97.4) (238.0) (102.9) (93.2) (82.3) (168.2) (140.0) (116.7) (132.2)
Acquisitions (0.1) (25.8) (2.6) (240.1) (522.0) (546.6) (36.0) (33.2) (31.8) (427.5) 0 47.0 (96.7) 0 (26.8) 0 0 113.6 0 0 0 (442.5) 0 0 (42.8) 20.3 0 (94.7) 0 (375.5) 0 0 0 0 0 (178.7) 0 0 0 0 0 0 0 (20.9) (40.5) 0 0 0 0 (51.4) (29.3) (76.2) (27.2) (223.1) 0 (114.0) (92.2) 0 0 0 0 2,601.7 (2,884.9) 0 0 (66.9) 0 (4.2) 0 (86.3) (1,219.3) (2,363.4) (407.2) (110.8) (6,705.2) (249.4) (540.5) (1,040.5) 181.3 (183.8) (365.7) (46.1) (27.9) 16.8 (768.3) 2.4 146.1 (218.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (723.3) 0 0 (851.0) (220.8) (300.0) (944.7) (651.7) (368.6) (624.4) 0 0 0 (5.8) 25.9 (314.6) (442.5) (466.6) (441.4) (2,300.9) (88.3) (435.5) 0 (52.0) (21.7) (231.1) (186.7) 0 0 (2,750.5) 0 0 (0.1) (2,042.4) (858.1) 0 0 (646.3) (0.8) (1.1) (8.9) (613.1) (78.4) (12.0) (14.2) (39.4) (530.6) (0.3) (40.7)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.0 63.4 711.8 1.3 11.4 1,215.1 134.5 55.0 819.2 1,237.6 528.9 342.1 312.0 0 0 0.1 122.9 525.3 336.6 411.0 759.2 0 0 0 0 0 0 366.5 17.6 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 (32.9) (43.1) (14.1) (24.7) (19.6) (10.4) (21.7) (53.7) 1,477.5 (5.9) (27.9) (30.6) (22.2) (49.4) (52.5) (16.2) (22.9) 1.9 (17.2) (31.9) (36.4) (64.5) 15.0 (8.3) (35.2) (34.4) (28.4) (20.5) 4.8 2,219.7 821.1 585.2 327.9 (8.0) 125.6 214.5 184.4 193.8 99.6 (11.8) (27.0) 17.4 (26.2) (6.9) (19.7) 867.9 47.2 57.2 (46.4) 72.0 (54.1) (29.2) 90.0 171.9 13.9 (21.7) (45.5) (24.0) (110.2) (24.3) (46.5) (6.1) 2,813.3 5.1 (2.8) 143.7 6.1 (73.0) 19.1 (163.6) 180.4 (11.7) (54.8) (28.2) (118.4) (6.5) 12.1 264.0 2,375.8 (132.2) 0 37.7 6.0 0 (142.0) (8.8) (663.3) (2.6) 3,154.6 (23.0) (0.7) 0.7 1,596.5 40.4 (105.2) (0.6) 900.7 (0.7) (1.5) (0.1) 784.2 0.0 0.0 (0.0) 0.0 (1.4) (0.4) (0.2)
Investing Cash Flow (1,200.9) (1,539.1) (1,730.0) (1,924.2) (2,380.3) (2,424.1) (1,715.4) (1,257.5) 362.6 (1,973.7) (1,513.6) (1,212.3) (1,073.2) (1,733.5) (1,135.2) (975.2) (615.8) (1,099.5) (827.6) (597.5) (471.6) (1,056.0) (344.6) (279.0) (549.5) (500.0) (560.7) (539.0) (299.8) 1,484.1 502.0 286.0 111.3 (279.3) (44.6) (159.5) (52.1) (32.7) (186.3) (338.0) (512.3) (538.2) (534.9) (676.0) (672.5) 194.8 (391.0) (421.5) (723.1) (656.6) (812.7) (725.5) (508.7) (733.2) (890.0) (985.8) (829.0) (694.2) (662.9) (375.6) (378.4) 2,069.6 (5.3) (301.5) (481.1) (324.4) 297.0 (222.2) (765.0) (666.9) (2,084.2) (2,894.9) (914.5) (430.5) (7,165.9) (987.8) (1,330.4) (962.5) (371.0) (958.5) (1,327.9) (473.0) (438.2) (359.0) (1,234.4) (420.9) (517.2) (221.5) 165.8 (224.4) (139.6) (280.0) (699.8) (947.0) (140.3) (240.4) (59.3) (106.7) (53.0) (106.4) (66.8) (181.3) (105.1) (96.4) (207.5) (672.0) (117.4) (173.1)
Financing Activities
Net Debt Issuance (329.9) (4,621.5) 358.3 3,924.0 1,077.9 70.3 (236.7) 671.8 (341.4) (99.8) 218.9 (1,174.0) (387.1) 216.9 (127.8) (1,360.4) 26.1 (3,258.5) 28.4 (264.3) (1,148.8) (678.9) (2,020.4) 214.7 265.6 1,090.5 (445.5) (66.8) (103.6) (2,683.8) (288.2) (617.9) 176.1 (2,803.9) (601.2) (109.4) (455.3) (472.1) 74.8 (736.2) (1,023.0) (768.3) (1,288.8) (100.8) 202.5 (18.8) (88.1) 194.1 519.2 (31.5) (132.7) (407.3) 407.0 (529.6) (279.7) 317.3 135.1 (248.9) 455.6 (2,382.9) (342.2) 449.9 399.1 (176.1) (237.2) (1,065.3) (2,119.8) (558.6) (674.7) (330.6) 275.8 1,860.8 (390.9) 7,971.5 (2,598.5) (52.6) (201.2) 894.5 (44.2) 351.2 195.3 1,766.2 1,716.9 (36.6) 538.9 (273.2) (376.9) 191.2 (349.4) (175.8) (76.8) 213.9 1,021.1 329.1 (118.8) 47.2 0 0 (348.8) 300.2 57.9 123.9 28.8 (67.5) 354.6 575.1 (0.9) 27.6
Stock Repurchased (206.4) (183.5) (213.3) (491.6) (280.9) (844.9) (349.8) 0 0 0 0 0 0 (157.0) (604.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (93.7) 0 0 (149.7) 0 0 0 0 0 (95.3) 0 0 0 0 (27.8) (161.3) 0 0 0 0 0 0 0 0 3.4 9.2 (8.5) (45.6) 0.3 (11.9) 0.0 (66.5) 2.5 3.5 0 (44.6) (6.1) 0 0 0 0 0 0 0 0 0 0 0 1.0 (28.8) 0 0 0 (5.1) 0 1.9 2.1 (2.4) (26.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (187.0) (574.0) (248.3) (260.8) (202.6) (643.4) (251.7) (586.7) (174.7) (828.3) (750.7) (772.1) (332.3) (3,483.5) (1,197.3) (870.3) (340.6) (3,279.5) (923.5) (695.2) (441.2) (204.1) (0.3) 0 (70.5) (68.0) (118.6) (131.2) (166.4) (220.8) (206.6) (116.6) (55.1) (50.4) (33.7) (0.3) (2.0) (34.3) (51.7) 0 0 (74.7) (74.7) (87.9) (120.9) (116.1) (102.4) (112.2) (124.4) (189.4) (155.9) (45.3) (36.4) (106.7) (161.6) (103.9) (150.8) (209.6) (141.1) (109.5) (90.5) (58.5) (238.7) (438.8) (282.5) (188.0) (34.1) 0.2 (106.9) (635.4) (353.1) (424.6) (236.8) (228.0) 107.6 (465.9) (370.9) (175.3) (136.6) (429.6) (208.0) (83.1) (244.3) (138.8) (214.4) (230.0) (93.7) (194.0) (28.7) (49.8) (75.5) (198.8) (22.6) (114.6) (6.9) (118.8) (35.0) (51.4) 2.3 (80.5) (20.9) (45.1) (0.2) (62.4) (2.1) (35.3) 0.9 (32.9)
Other Financing Activities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (358.3) 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 (339.1) 0 0 (678.6) 0.3 0.4 3.2 67.4 8.8 399.7 (688.9) (34.8) 8.3 (51.5) (27.9) 25.5 (22.4) 3,874.3 (3.1) (2,874.2) (2,884.7) (0.3) (2.6) (173.5) (6.8) 0 0 234.0 (234.0) 37.7 (37.7) (9,055.2) 9,069.3 (2.6) (0.0) 18.9 (20.8) 77.6 (76.6) (934.7) (7.4) 509.0 (4.7) (2.5) 230.2 (233.5) 335.5 (38.2) (90.1) (185.0) (651.6) 887.0 (256.2) 7.5 (2.7) (49.5) 214.0 (307.1) 95.7 (11.5) (61.5) (22.7) (111.5) 90.6 3.3 17.5
Financing Cash Flow (723.4) (5,378.9) (103.3) 3,171.7 594.4 (1,418) (838.2) 85.0 (516.1) (928.1) (531.9) (1,946.1) (719.4) (3,423.6) (1,929.1) (2,589.1) (314.5) (6,538.1) (895.1) (959.4) (1,590.0) (883.0) (2,020.7) 214.7 195.2 1,022.5 (564.1) (198.0) (270.1) (2,998.3) (494.8) (734.5) (28.8) (2,854.2) (634.9) (109.6) (457.4) (506.4) (72.2) (736.2) (1,023.0) (843.1) (1,702.6) (216.5) (79.7) (813.6) (190.2) 82.3 398.1 (153.5) (279.8) (52.9) (318.4) (667.7) (423.8) 153.4 (89.3) (432.7) 280.2 1,382.0 (502.4) (2,480.3) (2,720.9) (615.2) (567.0) (1,432.9) (2,160.7) (558.4) (781.6) (1,248.1) 139.8 4,365.7 (657.5) (399.0) 6,579.9 (525.2) (565.5) 724.3 (225.2) (42.1) (80.7) 711.6 1,437.2 333.6 803.4 (503.5) (242.8) (262.7) (42.5) (263.8) (242.5) (169.8) 346.9 1,101.5 (381.8) (64.1) (37.7) (101.0) (132.5) (87.4) 132.7 67.3 (32.9) (152.6) 241.0 634.2 4.9 12.9
Cash Position
Net Change in Cash (653.3) (3,460.4) 888.6 2,021.4 (1,288.3) (306.3) 3,184.6 1,146.3 737.5 91.1 358.5 (25.8) 106.0 (3,709.8) 408.9 881.6 734.5 184.6 949.8 (1,215.6) (375.3) 446.1 107.5 247.8 1,174.2 350.2 540.6 (190.9) (948.4) 94.9 157.5 262.2 (179.9) (707.7) (1,042.4) (170.7) (587.3) 1,114.8 139.2 (920.6) (918.1) 457.6 1,400.0 194.4 546.2 177.9 244.0 757.2 (228.3) 133.8 726.3 179.8 (377.8) (228.3) 1.5 305.3 (117.9) 198.0 96.2 103.9 17.4 461.8 (1,276.0) 31.6 (248.2) (555.8) (336.2) 733.5 223.9 (245.0) 230.2 (24.2) 78.3 795.2 255.1 166.4 (190.0) 42.2 (601.4) (165.9) 598.8 (3,460.8) (92.3) 217.3 (69.8) 252.7 (669.4) 129.5 (1,218.6) 305.5 (173.6) (86.9) (1,716.5) 1,048.1 (49.8) (111.8) (845.0) 232.0 (4.0) (23.5) (599.7) 100.5 (4.8) (166.7) 153.5 97.5 (34.8) 44.6
Cash at Beginning 5,929.2 9,389.6 8,500.9 6,479.5 7,767.8 8,074.1 4,889.5 3,743.1 3,005.6 2,914.5 2,556.0 2,581.9 2,475.9 6,185.7 5,776.8 4,895.2 4,160.7 3,976.1 3,026.2 4,241.9 4,617.2 4,171.1 4,063.7 3,815.9 2,641.7 2,291.4 1,750.9 1,941.8 2,890.1 2,795.2 2,637.7 2,375.4 2,555.3 3,263.0 4,305.4 4,476.1 5,063.4 3,948.6 3,809.4 4,730.0 5,648.1 5,190.5 3,790.5 3,596.2 3,050.0 2,872.1 2,628.1 1,870.9 2,099.2 1,965.5 1,239.2 1,059.4 1,437.2 1,665.6 1,664.1 1,358.7 1,476.6 1,278.6 1,182.4 1,078.5 1,061.0 599.3 1,875.3 1,843.7 2,091.9 2,647.8 2,984.0 2,250.5 2,026.6 2,271.6 2,041.4 2,065.6 1,987.3 1,230.2 975.0 808.7 998.7 993.2 1,594.6 1,760.5 1,161.6 4,703.9 974.3 757.0 731.0 478.3 1,147.7 1,018.2 1,485.5 1,179.9 1,353.6 1,440.5 1,859.7 811.7 861.5 973.3 909.6 677.6 681.5 705.1 624.0 523.4 528.2 694.9 541.4 443.9 478.8 434.2
Cash at End 5,275.9 5,929.2 9,389.6 8,500.9 6,479.5 7,767.8 8,074.1 4,889.5 3,743.1 3,005.6 2,914.5 2,556.0 2,581.9 2,475.9 6,185.7 5,776.8 4,895.2 4,160.7 3,976.1 3,026.2 4,241.9 4,617.2 4,171.1 4,063.7 3,815.9 2,641.7 2,291.4 1,750.9 1,941.8 2,890.1 2,795.2 2,637.7 2,375.4 2,555.3 3,263.0 4,305.4 4,476.1 5,063.4 3,948.6 3,809.4 4,730.0 5,648.1 5,190.5 3,790.5 3,596.2 3,050.0 2,872.1 2,628.1 1,870.9 2,099.2 1,965.5 1,239.2 1,059.4 1,437.2 1,665.6 1,664.1 1,358.7 1,476.6 1,278.6 1,182.4 1,078.5 1,061.0 599.3 1,875.3 1,843.7 2,091.9 2,647.8 2,984.0 2,250.5 2,026.6 2,271.6 2,041.4 2,065.6 2,025.4 1,230.2 975.0 808.7 1,035.3 993.2 1,594.6 1,760.5 1,243.1 882.0 974.3 661.2 731.0 478.3 1,147.7 266.9 1,485.5 1,179.9 1,353.6 143.2 1,859.7 811.7 861.5 64.6 909.6 677.6 681.5 24.2 624.0 523.4 528.2 694.9 541.4 443.9 478.8
Free Cash Flow 304.2 1,629.8 1,162.0 (686.0) (971.2) 875.1 4,127.9 710.0 (278.2) 2,036.8 827.6 1,956.3 981.7 (20.8) 2,138.5 2,860.2 1,691.2 6,548.5 1,740.2 (60.6) 1,096.5 1,974.6 2,105 (128.8) 652.0 (681.9) 1,053.7 94.3 (670.3) 1,332.0 (313.9) 144.4 (425.2) 2,006.6 (410.1) (223.3) (208.4) 1,445.6 73.2 205.2 414.4 1,340.8 2,438.6 623.8 308.0 (144.4) 211.7 654.5 (559.6) 170.3 1,047.0 257.2 (132.8) 438.3 366.5 167.9 78.3 634.9 (321.2) (1,239.2) 532.5 328.6 1,122.7 767.7 536.7 1,024.0 1,330.1 1,278.1 1,306.9 1,020.0 580.0 (1,876.8) 1,171.1 1,205.5 346.5 1,041.2 949.3 (228.7) (635.5) 283.2 1,470.9 (3,174.1) (1,523.3) 175.9 (10.9) 968.7 303.7 613.7 (429.7) 738.4 101.5 82.3 (110.7) 307.5 432.9 (47.2) (400.3) 327.3 158.9 72.9 (228.4) 113.0 38.6 0.1 (57.5) (4.8) (26.8) 72.6
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 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 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Income Statement
Revenue 16,715.7 16,974.3 17,983.1 17,525.8 17,375.3 16,822.5 17,378.0 16,615.8 16,210.3 14,715.5 17,063.3 18,265.4 18,872.3 17,964.0 21,149.2 22,968.4 20,330.5 21,554.9 21,317.1 19,130.1 16,343.0 13,620.2 12,222.1 8,744.8 9,227.5 13,620.2 9,930.8 10,154.1 10,025.7 10,899.7 12,835.6 12,035.4 10,388.8 9,816.9 9,476.2 9,165.9 8,458.7 8,619.6 8,698.7 10,248.8 10,084.5 10,449.1 11,925.3 10,759.4 10,447.4 10,843.8 10,705.9 10,442.8 10,553.8 10,321.0 10,494.0 9,882.5 9,165.6 8,987.7 9,819.1 9,975.4 9,199.4 9,065.8 8,967.3 9,009.9 8,363.8 7,799.8 8,190.0 8,295.7 7,107.6 6,362.8 6,807.9 6,401.5 6,967.8 4,728.1 14,417.8 11,091.5 8,938.9 7,585.6 7,264.7 7,540.8 7,178.1 6,110.4 6,613.9 6,503.3 6,123.9 4,366.5 4,885.6 5,134.2 4,233.1 5,345.5 5,220.7 4,161.5 3,301.5 3,355.8 2,983.4 3,349.8 8,844.9 1,063.5 899.5 776.8 927.6 1,255.6 1,369.2 1,348.0 3,145.0 748.8 672.7 1,216.3 1,241.5 795.3 667.8 622.8
Gross Profit 2,293.9 1,848.3 2,142.1 2,030.5 1,946.6 2,020.0 2,576.6 2,186.9 2,419.7 1,632.8 2,792.7 3,278.3 3,628.7 2,928.3 4,737.9 5,903.9 5,181.0 5,187.1 6,419.1 5,414.2 3,796.9 2,660.2 1,696.8 718.1 855.5 2,660.2 985.2 1,272.6 1,269.0 1,303.6 1,862.0 1,644.7 1,339.1 1,039.5 974.5 936.7 653.9 521.3 1,046.5 1,083.3 812.7 786.5 1,210.9 1,181.4 1,111.9 1,284.7 1,275.9 1,263.7 1,315.8 1,349.7 1,534.4 1,342.3 908.2 1,018.4 1,197.7 1,424.9 1,106.5 1,201.2 1,339.0 1,403.6 1,164.7 948.8 1,349.7 1,814.0 1,407.3 1,334.1 1,456.1 757.9 741.2 536.2 4,789.7 2,978.0 2,202.0 1,801.1 1,854.3 1,893.8 1,745.1 1,472.1 1,680.8 1,838.7 1,572.6 992.8 1,299.0 1,349.3 1,173.8 1,808.5 1,806.6 1,014.5 729.5 798.5 772.2 837.3 2,130.3 447.2 351.4 322.1 365.3 397.6 359.3 330.7 761.4 318.8 306.6 392.0 449.9 311.0 276.9 246.0
Operating Income 1,751.9 1,202.4 1,570.0 1,458.9 1,376.6 915.0 2,121.5 1,615.0 1,884.9 1,091.9 2,384.1 2,884.9 4,292.4 2,314.6 4,462.5 5,790.6 5,013.5 4,763.9 7,388.8 5,562.7 3,557.9 2,894.7 1,379.7 775.8 473.4 2,565.4 701.5 925.1 990.0 632.1 1,271.5 1,180.2 963.5 (1,167.2) 580.4 480.1 1,206.8 (2,859.6) 593.4 428.9 201.0 (2,984.9) (1,273.8) 558.0 485.2 946.4 668.8 629.6 654.2 808.3 885.6 719.5 341.0 425.5 567.8 784.8 570.2 506.5 777.4 878.0 654.6 674.7 780.7 1,247.7 941.5 928.0 830.5 (927.2) 124.6 273.8 3,840.8 2,254.2 1,546.1 1,099.3 1,114.0 1,259.5 1,229.4 969.0 1,152.0 1,224.5 1,142.2 687.0 869.8 1,040.2 788.8 1,535.5 1,450.8 591.0 1,220.2 513.0 139.3 355.2 2,050.0 2.1 207.0 138.3 486.2 151.6 139.2 92.4 402.5 124.7 123.2 180.7 216.4 163.5 146.4 117.5
Net Income 1,002.0 (1,298.2) 1,079.4 856.3 749.5 316.0 1,347.4 859.1 2,043.8 577.9 1,581.8 2,135.9 3,205.9 1,207.6 3,010.9 4,282.1 2,924.9 3,495.2 5,577.8 3,916.6 2,451.3 1,048.3 794.6 315.3 221.3 1,056.8 285.6 369.5 449.0 383.3 784.9 694.6 441.0 (1,383.6) 144.9 76.5 823.5 (3,064.4) 95.2 73.1 8.7 (3,157.2) (1,943.0) 255.6 293.1 397.0 252.2 356.5 397.2 450.1 595.1 390.4 148.2 131.0 389.2 535.8 369.6 379.7 707.1 469.0 390.8 369.0 609.0 733.1 504.3 746.6 553.0 (266.1) 88.4 36.9 1,296.5 1,862.2 797.4 589.6 751.0 944.2 873.7 814.4 580.0 899.4 948.3 464.9 720.1 757.0 591.6 1,320.2 886.5 380.9 798.2 237.5 195.8 247.6 230.1 307.7 180.5 107.2 29.0 108.4 121.2 92.1 60.0 99.4 100.3 108.3 71.6 109.3 69.0 105.8
EPS (Diluted) 0.51 -0.66 0.53 0.42 0.37 1.48 0.22 0.41 0.81 0.27 0.90 1.21 1.82 0.66 1.69 2.38 1.62 1.99 3.10 2.18 1.36 0.59 0.44 0.17 0.12 0.06 0.16 0.21 0.25 0.22 0.44 0.38 0.25 -0.77 0.08 0.04 0.46 -1.71 0.05 0.04 0.01 -1.79 -1.09 0.14 0.16 0.22 0.14 0.20 0.22 0.26 0.33 0.22 0.09 0.07 0.22 0.30 0.21 0.22 0.40 0.27 0.25 0.26 0.36 0.50 0.33 0.53 0.37 -0.18 0.06 0.03 1.72 0.97 0.57 0.89 1.04 0.57 0.63 1.23 0.82 0.85 0.90 0.70 0.51 0.53 0.89 1.89 1.27 0.55 1.20 0.34 0.28 0.35 0.34 0.44 0.26 0.15 0.04 0.16 0.17 0.13 0.09 0.14 0.14 0.16 0.11 0.16 0.10 0.15
Balance Sheet
Cash & Equivalents 5,275.9 5,929.2 9,389.6 8,500.9 6,479.5 7,767.8 8,074.1 4,889.5 3,743.1 3,005.6 2,914.5 2,556.0 2,581.9 2,475.9 6,185.7 5,776.8 4,895.2 4,160.7 3,976.1 3,026.2 4,241.9 4,617.2 4,171.1 4,063.7 3,815.9 2,641.7 2,291.4 1,750.9 1,941.8 2,890.1 2,795.2 2,637.7 2,375.4 2,555.3 3,263.0 4,305.4 4,476.1 5,063.4 3,948.6 3,809.4 4,730.0 5,648.1 5,190.5 3,790.5 3,596.2 3,050.0 2,872.1 2,628.1 1,870.9 2,099.2 1,965.5 1,239.2 1,059.4 1,437.2 1,665.6 1,664.1 1,358.7 1,476.6 1,278.6 1,182.4 1,078.5 1,061.0 599.3 1,875.3 1,843.7 2,091.9 2,647.8 2,984.0 0 2,026.6 2,271.6 2,041.4 2,065.6 2,026.1 1,230.2 950.3 808.7 1,035.3 993.2 1,594.6 1,760.5 1,243.1 234.9 974.3 661.2 731.0 478.3 221.0 266.9 155.1 254.6 143.1 143.2 27.2 11.2 4.2 64.6 909.6 677.6 681.5 24.2 14.8 5.8 0 18.0 0 0 0
Total Assets 81,047.5 81,688.2 87,255.7 86,854.1 85,576.2 86,814.5 81,851.3 82,399.3 76,961.1 74,885.1 76,410.4 73,795.5 75,746.6 73,798.7 79,772.3 77,656.8 71,539.4 73,814.6 75,362.2 66,892.0 68,020.2 63,123.0 63,426.2 62,600.4 60,648.5 54,003.0 53,046.1 51,125.3 52,145.3 51,281.0 56,119.0 54,463.1 50,976.4 50,301.8 52,575.4 54,175.1 53,557.6 54,635.1 58,712.7 58,233.7 65,004.8 70,094.7 76,489.7 68,778.4 70,843.4 63,042.3 61,472.4 57,893.7 57,553.7 58,215.0 56,208.4 55,056.4 51,807.0 53,093.2 53,598.5 53,346.3 49,628.2 49,981.8 49,427.3 45,036.1 42,931.6 42,891.3 42,808.3 46,327.8 45,635.6 44,583.3 45,932.0 49,271.7 56,104.2 59,050.5 54,322.2 47,517.9 41,067.6 41,553.9 40,093.8 31,626.7 31,323.8 30,897.5 28,555.1 27,928.1 25,678.9 21,719.5 20,744.7 18,327.5 18,199.8 17,104.3 16,343.9 15,060.1 13,764.7 14,579.4 14,019.9 14,994.6 14,160.3 7,096.2 5,097.5 4,938.7 6,857.0 7,855.2 7,167.4 7,230.2 6,301.6 4,371.5 4,175.9 6,322.2 6,361.8 4,922.4 4,054.6 4,054.0
Total Debt 15,374.7 15,571.3 19,989.3 19,519.4 15,994.1 14,917.2 13,828.3 13,958.0 12,374.2 12,195.9 12,869.5 11,931.0 13,386.4 13,662.9 13,894.4 13,434.7 13,706.0 14,982.7 18,078.3 16,670.5 18,640.1 18,394.7 20,384.6 21,830.3 20,932.5 16,854.1 16,106.1 15,416.5 15,910.7 14,908.1 18,194.1 18,116.7 16,720.6 16,509.6 18,674.0 19,964.3 19,701.0 20,583.2 21,098.2 20,674.0 23,683.9 26,461.8 27,583.3 22,565.7 23,282.2 19,521.5 18,465.3 16,713.8 16,759.4 16,706.8 15,791.4 15,658.6 14,942.8 14,668.6 14,967.7 14,891.6 13,461.2 13,683.5 13,523.7 11,907.5 14,234.8 14,670.0 14,306.1 14,753.2 14,630.6 14,520.9 16,077.5 18,920.7 22,149.3 23,233.8 18,972.2 16,470.4 15,369.4 15,903.4 16,313.3 9,244.8 9,450.3 3,216.7 8,926.6 9,169.0 8,469.3 2,290.1 7,264.2 5,577.4 6,104.8 5,827.2 6,470.3 6,353.4 6,019.5 6,887.5 6,737.0 7,309.5 7,434.1 2,476.3 1,702.2 1,784.1 3,006.9 3,622.1 3,293.3 3,392.3 2,968.2 1,545.0 1,380.5 0 2,947.4 0 0 0
Stockholders' Equity 52,772.5 53,585.4 54,539.2 54,923.0 56,017.1 57,948.8 55,295.0 55,130.3 51,919.4 49,059.0 50,600.9 48,976.9 48,618.1 46,116.2 49,188.2 47,333.2 42,328.4 42,604.3 41,083.0 35,913.6 34,443.3 30,860.3 31,270.6 30,051.6 29,120.6 26,955.7 27,282.4 26,365.1 26,235.6 25,730.6 26,549.6 25,387.1 23,879.3 23,645.2 24,640.2 25,083.2 24,663.5 24,028.1 27,582.3 27,503.6 30,014.0 31,685.8 35,708.2 34,353.3 35,313.3 32,200.8 31,441.5 29,995.7 29,961.0 30,339.1 29,203.1 28,547.1 27,016.8 27,245.6 27,322.7 26,910.7 25,221.2 24,997.5 25,110.1 23,042.7 19,264.5 19,470.4 19,055.7 19,433.2 19,035.8 18,507.5 18,050.7 18,167.3 19,952.5 20,166.5 18,468.7 16,841.2 12,925.7 12,780.0 11,996.6 11,772.1 11,233.5 10,514.6 10,094.9 9,780.8 9,024.2 8,274.3 7,805.1 7,535.9 6,700.1 6,326.7 5,030.4 4,376.8 4,048.1 3,794.1 3,589.5 3,505.3 3,062.0 3,109.9 2,839.8 2,666.3 2,398.3 2,601.6 2,456.6 2,463.8 2,077.9 2,313.8 2,248.7 2,289.9 2,063.1 2,070.3 1,985.3 1,964.2
Cash Flow
Operating Cash Flow 1,509.3 3,147.1 2,925.0 1,014.5 900.9 2,786.7 5,827.8 1,935.5 831.3 3,613.3 2,344.9 3,216.8 1,963.7 1,724.3 3,248.3 3,857.4 2,320.2 7,821.8 2,576.1 550.4 1,568.7 2,594.7 2,485.6 166.4 1,161.2 (160.1) 1,615.4 544.1 (356.7) 1,717.3 33.4 453.1 (204.1) 2,290.3 (230.9) (19.6) 36.4 1,679.4 364.1 543.7 929.1 1,953.8 2,982.7 1,281.8 944.0 618.0 671.6 1,114.3 167.0 890.7 1,834.9 906.9 466.0 1,172.2 1,301.0 1,046.5 815.4 1,333.3 337.7 (874.1) 913.2 883.3 1,495.3 985.3 775.3 1,218.0 1,622.3 1,661.7 1,814.7 1,749.0 1,625.4 (1,357.0) 1,618.0 1,645.7 899.4 1,667.1 1,695.8 275.2 (8.4) 837.4 1,997.6 (2,709.4) (1,159.0) 530.1 448.8 1,214.2 769.8 613.7 (191.5) 939.9 240.4 362.8 143.2 436.8 467.9 192.7 (86.5) 432.5 209.1 170.2 9.7 215.8 131.8 82.4 110.7 135.2 89.9 204.8
Capital Expenditure (1,205.2) (1,517.2) (1,763.1) (1,700.4) (1,872.1) (1,911.5) (1,699.8) (1,225.6) (1,109.5) (1,576.5) (1,517.2) (1,260.5) (982.0) (1,745.2) (1,109.8) (997.2) (629.1) (1,273.2) (835.9) (611.0) (472.2) (620.1) (380.6) (295.1) (509.2) (521.8) (561.7) (449.8) (313.6) (385.3) (347.2) (308.6) (221.1) (283.7) (179.1) (203.6) (244.8) (233.8) (290.9) (338.5) (514.7) (613.0) (544.2) (658.1) (636.0) (762.3) (459.9) (459.9) (726.6) (720.3) (787.9) (649.7) (598.8) (733.9) (934.5) (878.6) (737.1) (698.3) (658.9) (365.1) (380.7) (554.7) (372.6) (217.6) (238.6) (194.0) (292.2) (383.7) (507.9) (729.1) (1,045.3) (519.8) (446.9) (440.2) (552.9) (625.9) (746.4) (503.9) (627.2) (554.2) (526.7) (464.7) (364.2) (354.2) (459.7) (245.5) 0 0 (238.2) (201.4) (138.9) (280.6) (253.9) (129.3) (35.0) (239.8) (313.8) (105.3) (50.3) (97.4) (238.0) (102.9) (93.2) (82.3) (168.2) (140.0) (116.7) (132.2)
Free Cash Flow 304.2 1,629.8 1,162.0 (686.0) (971.2) 875.1 4,127.9 710.0 (278.2) 2,036.8 827.6 1,956.3 981.7 (20.8) 2,138.5 2,860.2 1,691.2 6,548.5 1,740.2 (60.6) 1,096.5 1,974.6 2,105 (128.8) 652.0 (681.9) 1,053.7 94.3 (670.3) 1,332.0 (313.9) 144.4 (425.2) 2,006.6 (410.1) (223.3) (208.4) 1,445.6 73.2 205.2 414.4 1,340.8 2,438.6 623.8 308.0 (144.4) 211.7 654.5 (559.6) 170.3 1,047.0 257.2 (132.8) 438.3 366.5 167.9 78.3 634.9 (321.2) (1,239.2) 532.5 328.6 1,122.7 767.7 536.7 1,024.0 1,330.1 1,278.1 1,306.9 1,020.0 580.0 (1,876.8) 1,171.1 1,205.5 346.5 1,041.2 949.3 (228.7) (635.5) 283.2 1,470.9 (3,174.1) (1,523.3) 175.9 (10.9) 968.7 303.7 613.7 (429.7) 738.4 101.5 82.3 (110.7) 307.5 432.9 (47.2) (400.3) 327.3 158.9 72.9 (228.4) 113.0 38.6 0.1 (57.5) (4.8) (26.8) 72.6