Corning Incorporated logo GLW - Corning Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 20
HOLD 15
SELL 2
STRONG
SELL 0
| PRICE TARGET: $168.56 DETAILS
HIGH: $223.00
LOW: $120.00
MEDIAN: $180.00
CONSENSUS: $168.56
DOWNSIDE: 13.14%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 4,144 4,215 4,100 3,862 3,452 3,501 3,391 3,251 2,975 2,994 3,173 3,243 3,178 3,406 3,488 3,615 3,680 3,676 3,615 3,501 3,290 3,350 3,001 2,561 2,391 2,817 2,934 2,940 2,812 3,035 3,008 2,747 2,500 2,637 2,607 2,497 2,375 2,476 2,507 2,360 2,047 2,231 2,272 2,343 2,265 2,404 2,540 2,482 2,289 1,956 2,067 1,982 1,814 2,146 2,038 1,908 1,920 1,887 2,075 2,005 1,923 1,765 1,602 1,712 1,553 1,532 1,479 1,395 989 1,084 1,555 1,692 1,617 1,582 1,553 1,418 1,307 1,369 1,282 1,261 1,262 1,200 1,188 1,141 1,050 1,033 1,006 971 844 820 752 533 896 974 1,868 1,921 2,151.6 1,944 1,802.5 1,381.7
Cost of Revenue 2,616 2,729 2,580 2,470 2,238 2,304 2,254 2,302 1,982 2,083 2,169 2,230 2,175 2,491 2,426 2,369 2,397 2,405 2,294 2,186 2,134 2,137 2,000 1,805 1,830 1,963 1,917 1,875 1,713 1,833 1,776 1,675 1,545 1,603 1,557 1,510 1,424 1,486 1,466 1,409 1,283 1,374 1,380 1,368 1,336 1,408 1,451 1,450 1,354 1,186 1,166 1,099 1,044 1,239 1,149 1,100 1,096 1,062 1,097 1,116 1,049 998 878 885 822 883 880 820 719 777 820 840 773 825 811 759 716 766 716 720 689 673 643 658 621 668 602 625 544 578 571 512 682 942 1,332 957 1,057.5 1,112 1,030 676
Gross Profit 1,528 1,486 1,520 1,392 1,214 1,197 1,137 949 993 911 1,004 1,013 1,003 915 1,062 1,246 1,283 1,271 1,321 1,315 1,156 1,213 1,001 756 561 854 1,017 1,065 1,099 1,202 1,232 1,072 955 1,034 1,050 987 951 990 1,041 951 764 857 892 975 929 996 1,089 1,032 935 770 901 883 770 907 889 808 824 825 978 889 874 767 724 827 731 649 599 575 270 307 735 852 844 757 742 659 591 603 566 541 573 527 545 483 429 365 404 346 300 242 181 21 214 32 536 964 1,094.1 804 746 675
Operating Expenses
R&D Expenses 278 284 280 276 270 275 294 262 258 289 270 263 254 281 278 240 248 280 251 242 222 232 231 430 261 278 255 249 249 265 244 243 241 240 213 207 200 173 187 192 190 208 181 191 189 210 199 208 198 169 184 179 178 185 185 188 187 177 166 172 156 166 148 144 145 145 131 136 151 153 160 163 151 153 145 137 130 138 127 128 124 123 118 104 98 98 88 85 84 86 85 108 132 147 169 162 168.7 141.1 120.1 110.1
SG&A Expenses 588 504 624 515 471 499 510 471 451 514 468 440 421 517 461 486 434 476 486 465 400 471 480 401 395 401 369 414 401 447 439 412 501 400 375 378 319 368 302 499 303 563 307 337 316 242 261 322 397 336 265 266 259 301 289 286 273 283 216 284 250 284 250 246 235 244 219 211 207 179 220 260 242 257 212 229 214 222 218 194 223 203 178 191 184 174 153 166 160 152 148 178 190 298 271 261 333.4 256 258 200
Other Expenses 23 0 27 28 28 30 31 30 30 30 30 31 31 31 31 30 31 32 32 33 32 34 33 28 26 28 28 28 29 26 27 22 19 22 18 18 17 17 17 13 94 (1) 12 16 12 8 9 42 25 81 13 14 9 144 7 9 6 142 9 9 8 (332) 7 7 (52) 60 19 7 172 (2) 6 12 (326) 16 (14) 76 113 (95) 17 (53) 194 (74) 99 139 12 22 1,753 22 63 443 58 1,471 505 689 4,932 311 (1.1) 82 100 125
Operating Expenses 889 788 931 819 769 804 835 763 739 833 768 734 706 829 770 756 713 788 769 740 654 737 744 859 682 707 652 691 679 738 710 677 761 662 608 602 538 558 506 704 587 770 500 544 517 460 469 572 620 586 462 459 446 630 478 480 463 602 391 465 414 118 405 397 328 449 369 354 530 330 386 435 67 426 343 442 457 265 362 269 541 252 395 434 294 294 1,994 273 307 681 291 1,757 827 1,134 5,372 734 501 479 478 435
Operating Income
Operating Income 639 698 589 573 445 393 302 186 254 78 236 279 297 86 292 490 570 483 552 575 502 476 257 (103) (121) 147 365 374 420 464 522 395 194 372 453 381 413 432 535 247 177 87 392 431 412 536 620 460 315 184 439 424 324 650 414 309 342 223 587 424 460 649 319 430 403 200 230 221 (260) (23) 349 417 777 331 399 217 134 338 204 272 32 275 150 49 135 71 (1,590) 73 (7) (439) (110) (1,736) (613) (1,102) (4,836) 230 593.1 325 268 240
Interest Expense 92 93 78 83 82 79 83 84 83 90 82 81 76 76 73 72 71 73 72 78 77 75 70 67 64 60 55 54 52 51 45 43 52 43 37 38 37 37 41 40 41 39 38 33 30 32 31 30 30 28 28 28 36 34 33 24 20 17 23 22 27 28 29 26 26 24 24 20 14 0 15 15 18 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 106.6 0 0 0
Interest Income 9 11 10 5 12 13 12 10 12 13 10 8 7 6 3 3 3 3 3 2 3 3 3 3 6 5 4 5 7 9 7 9 13 12 10 11 12 11 9 6 6 5 6 5 5 5 5 4 12 3 1 2 2 4 3 3 4 4 6 5 4 3 3 2 3 3 4 5 7 0 22 22 30 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 104.6 0 0 0
Profitability
EBITDA 689 1,122 955 1,007 641 851 332 593 716 397 639 833 645 426 691 1,197 1,227 1,028 936 968 1,264 797 914 370 338 469 859 650 962 727 1,121 1,229 (90) 915 810 911 334 2,746 598 2,038 (336) 510 548 938 814 1,667 1,743 673 808 844 825 1,107 819 682 907 840 852 816 1,189 1,136 1,118 1,441 1,042 1,178 1,147 926 929 813 140 247 898 1,010 1,280 483 548 366 287 484 348 429 182 319 308 177 279 202 332 168 157 (292) 80 (136) 58 (248) 96 541 592 407 317 365
EBIT 666 771 628 667 322 516 (9) 256 379 52 299 490 304 80 333 822 854 649 565 599 902 405 520 18 (44) 77 463 270 627 397 803 907 (413) 609 516 630 57 2,441 298 1,743 (631) 208 256 639 523 1,369 1,440 371 511 595 577 857 564 415 659 598 612 569 944 900 889 1,217 828 970 939 728 699 627 (38) 42 732 845 1,121 329 399 215 134 331 206 277 38 191 178 48 154 66 204 39 27 (418) (61) (275) (119) (488) (64) 230 593.1 325 268 240
Income Before Tax 529 678 550 584 240 437 (92) 172 296 (38) 217 409 228 4 260 750 783 585 493 521 825 330 450 (49) (108) 17 408 216 575 346 758 864 (465) 566 479 592 20 2,404 257 1,703 (672) 169 218 606 493 1,337 1,409 341 481 567 549 829 528 1,477 627 555 573 552 921 878 862 1,189 799 944 913 704 675 607 (52) (56) 326 463 790 390 445 289 167 377 245 283 56 268 131 42 101 67 (1,619) 36 (64) (91) (149) (1,714) (579) (1,131) (4,871) 240 33.8 365.3 254 131.8
Income Tax Expense 121 91 80 84 55 97 3 50 71 (10) 35 106 37 31 34 166 180 89 109 67 226 78 23 22 (12) (15) 71 124 76 54 133 126 124 1,978 89 153 (66) 832 (27) (504) (304) (55) 6 110 86 349 395 172 180 146 141 191 34 98 94 100 118 61 110 123 114 145 14 31 97 (36) 32 (4) (66) (23) (51) (2,381) 74 (221) 66 19 56 (110) 143 134 (2) 487 28 44 19 34 985 24 (12) (46) (34) (427) (178) (423) (77) 108 103.5 111.7 136.9 54.9
Net Income 371 540 430 469 157 310 (117) 104 209 (40) 164 281 176 (36) 208 563 581 487 371 449 599 252 427 (71) (96) 32 337 92 499 292 625 738 (589) (1,412) 390 439 86 1,572 284 2,207 (368) 224 212 496 407 988 1,014 169 301 421 408 638 494 283 533 474 474 491 811 755 748 1,044 785 913 816 740 643 611 14 249 768 3,211 1,029 717 617 489 327 646 438 514 257 (32) 203 165 250 163 (2,491) 108 55 (29) (22) (709) (370) (655) (4,755) 132 (56.7) 254 149 77
Per Share Data
EPS (Basic) 0.43 0.63 0.50 0.55 0.18 0.35 -0.14 0.12 0.25 -0.05 0.19 0.33 0.21 -0.04 0.25 0.67 0.69 0.57 0.44 -0.42 0.75 0.30 0.56 -0.13 -0.16 0.01 0.43 0.09 0.61 0.34 0.75 0.87 -0.72 -1.71 0.41 0.46 0.07 1.64 0.27 2.06 -0.36 0.17 0.16 0.38 0.30 0.76 0.77 0.11 0.21 0.30 0.28 0.43 0.34 0.19 0.36 0.31 0.31 0.32 0.52 0.48 0.48 0.67 0.50 0.59 0.52 0.48 0.41 0.39 0.01 0.16 0.49 2.05 0.66 0.46 0.39 0.31 0.21 0.42 0.28 0.33 0.17 -0.02 0.14 0.11 0.18 0.12 -1.78 0.08 0.04 -0.02 -0.02 -0.60 -0.39 -0.69 -5.13 0.14 -0.06 0.30 0.18 0.09
EPS (Diluted) 0.43 0.63 0.50 0.54 0.18 0.36 -0.14 0.12 0.24 -0.05 0.19 0.33 0.20 -0.04 0.24 0.66 0.68 0.56 0.43 -0.42 0.67 0.26 0.48 -0.13 -0.16 0.01 0.38 0.09 0.55 0.34 0.67 0.78 -0.72 -1.66 0.39 0.42 0.07 1.47 0.26 1.87 -0.36 0.17 0.15 0.36 0.29 0.70 0.72 0.11 0.20 0.30 0.28 0.43 0.33 0.19 0.36 0.31 0.31 0.31 0.51 0.47 0.47 0.67 0.50 0.58 0.52 0.48 0.41 0.39 0.01 0.16 0.49 2.01 0.64 0.46 0.38 0.30 0.20 0.41 0.27 0.32 0.16 -0.02 0.13 0.11 0.17 0.12 -1.78 0.07 0.04 -0.02 -0.02 -0.59 -0.39 -0.69 -5.13 0.14 -0.06 0.29 0.17 0.09
Shares Outstanding 862.8 860 860 854 854 882.0 854 853 852 851 850 848 844 843 843 843 843 849 852 842.9 766 763 760 738.5 750 764 775 781 784 795 805 819 848 823.6 883 908 925 942 978 1,059 1,088.9 1,146 1,210 1,246 1,266 1,276 1,284 1,302 1,359 1,414 1,454 1,469 1,472 1,471 1,483 1,506 1,516 1,546 1,569 1,568 1,565 1,558 1,557 1,558 1,555 1,553 1,550 1,550 1,548 1,548 1,558 1,569 1,566 1,539.8 1,582.1 1,577.4 1,557.1 1,533.3 1,564.3 1,557.6 1,511.8 1,511.8 1,488 1,438 1,388.9 1,404 1,399 1,383 1,358 1,343 1,244 1,184.1 948 945 926 942.9 928.1 835.2 835.2 835.2
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 1,755 1,526 1,648 1,491 1,359 1,768 1,613 1,419 1,365 1,779 1,639 1,538 1,146 1,671 1,630 1,629 2,016 2,148 2,212 2,320 2,868 2,672 2,514 2,158 2,025 2,434 971 1,178 1,456 2,355 1,903 2,023 3,096 4,317 3,865 4,189 4,844 5,291 4,821 7,144 3,540 3,214 3,075 2,541 2,234 1,780 1,878 964 1,010 833 747 1,127 1,471 983 111 131 126 138 104.5 106 1,313.1 253.4 70 76.1 151.9 45.4 93 191.3 79.5 101.3 80 140.3 106.9 223.2 127.5 122.2 164.3 214.9 109 194.5 94.8 161.3 254.7 121 98.2 160.8 121.2 106.1 105.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 28 0 0 0 0 1,045 798 1,042 841 805 1,451 623 451 433 766 722 619 618 1,484 1,180 1,023 0 1,133 1,273.5 0 0 31.5 0 0 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 2,676 2,779 2,509 2,298 2,045 2,053 1,986 1,721 1,621 1,572 1,725 1,674 1,688 1,721 1,620 1,786 1,910 2,004 2,114 2,057 1,900 2,133 2,099 1,712 1,708 1,836 2,024 2,103 1,974 1,940 1,973 1,842 1,747 1,807 1,748 1,640 1,583 1,481 1,645 1,544 1,388 938 860 753 790 593 874 566 544 642 637 634 828 541 1,012 1,348 1,351 1,490 1,295.4 1,219.6 1,146.6 797.5 768.4 742.4 592.3 636 593.5 543.3 514.1 559.7 642.8 623.3 638.3 566.3 545.8 550.9 971.4 932.4 968.3 999.2 963.8 947.1 984 845.6 752.2 691.1 793.6 672.6 645.4
Inventory 3,279 3,077 3,104 3,084 2,896 2,724 2,793 2,682 2,713 2,666 2,655 2,757 2,863 2,904 2,951 2,835 2,618 2,481 2,463 2,387 2,361 2,438 2,581 2,235 2,347 2,320 2,337 2,291 2,190 2,037 1,921 1,896 1,834 1,712 1,693 1,616 1,544 1,471 1,516 1,501 1,453 607 604 579 647 731 665 501 504 467 538 556 559 619 958 977 1,215 1,040 943.2 839.8 787 525.3 550.6 553.2 514 458.7 450.5 464.7 443.4 564.7 597.7 582.1 538.6 498.5 504 501 515 467.8 501.4 503.6 465.9 416.7 435.9 408.7 378.1 353.9 415.7 408.1 376.9
Other Current Assets 1,816 1,554 1,416 1,323 1,344 1,447 1,284 1,299 1,272 1,195 1,279 1,324 1,180 1,157 1,603 1,633 1,317 1,026 890 884 974 761 864 741 866 873 824 739 729 702 835 723 986 991 948 986 719 805 497 558 797 290 715 606 516 530 258 411 432 242 379 323 296 754 383 442 359 1,966 239.6 207.6 253.9 206.3 211.5 241.1 180.2 170.2 143.8 135.2 122.6 130.2 137.9 124.5 117.6 130.7 122.9 136.5 216.1 219.2 238.9 230.7 211.5 201.2 256.9 224.3 264.2 265.9 275.8 180.3 171.9
Total Current Assets 9,526 8,936 8,677 8,196 7,644 7,992 7,676 7,121 6,971 7,212 7,298 7,293 6,877 7,453 7,804 7,883 7,861 7,659 7,679 7,648 8,103 8,004 8,058 6,846 6,946 7,463 6,156 6,311 6,349 7,034 6,632 6,484 7,663 8,827 8,254 8,431 8,718 9,048 8,479 10,747 7,178 6,460 6,052 5,521 5,028 4,439 5,126 3,065 2,941 2,694 3,137 3,420 3,825 3,515 3,948 4,078 4,074 4,634 3,715.7 3,646.5 3,500.6 1,782.5 1,632 1,612.8 1,438.4 1,310.3 1,280.8 1,334.5 1,159.6 1,424.2 1,458.4 1,470.2 1,401.4 1,418.7 1,300.2 1,310.6 1,866.8 1,834.3 1,817.6 1,928 1,736 1,726.3 1,931.5 1,599.6 1,492.7 1,471.7 1,606.3 1,367.1 1,299.3
Non-Current Assets
Property, Plant & Equipment 14,785 15,685 14,397 13,881 13,360 14,155 14,059 13,742 14,199 15,513 14,407 14,681 15,137 16,213 14,645 15,350 15,780 16,545 15,383 15,455 15,364 16,422 15,449 14,691 14,932 15,337 15,083 15,137 14,878 14,895 14,345 14,201 14,416 14,017 13,344 13,060 12,969 12,546 13,293 13,048 12,823 8,047 7,847 7,995 7,885 7,806 5,602 3,663 3,640 3,620 3,542 3,576 3,705 4,592 5,300 5,301 4,939 4,679 4,092.3 3,856.5 3,629.1 3,103.1 2,909.9 2,826.5 2,729.4 2,684.9 2,457.2 2,358.5 2,225.5 2,427.6 2,143.7 2,060.2 1,967.6 1,977.7 1,848.7 1,769.2 2,115.7 2,031.6 1,964.4 1,931.3 1,890.2 1,890.6 1,867.2 1,797.5 1,776.2 1,759.8 1,702.4 1,620.9 1,586.3
Goodwill 2,479 2,489 2,489 2,492 2,371 2,363 2,390 2,365 2,370 2,380 2,372 2,382 2,394 2,394 2,368 2,389 2,408 2,421 2,425 2,433 2,429 2,460 2,427 1,925 1,918 1,935 1,924 1,938 1,930 1,936 1,930 1,918 1,698 1,694 1,684 1,608 1,619 1,577 1,569 1,569 1,399 938 509 509 277 277 311 0 0 0 0 0 0 2,113 2,008 1,874 0 0 0 0 0 0 0 0 0 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 632 657 684 711 732 752 814 836 871 905 938 972 1,002 1,029 1,049 1,088 1,118 1,148 1,192 1,228 1,259 1,308 1,332 1,072 1,149 1,185 1,206 1,240 1,265 1,292 1,309 1,332 851 869 891 842 825 796 797 804 703 0 165 167 21 25 0 1,875 1,885 1,901 1,935 1,926 1,976 378 338 409 7,286 7,340 3,582.1 3,586.3 1,150.3 319.3 344.5 311 309 309.7 283.2 281.1 290.1 363.3 366.6 369.9 322.1 330.4 342.2 347.1 1,420.9 1,416.1 1,428.2 1,435.6 1,440.9 1,408 1,270.1 1,217.1 1,193.1 1,009.1 801 0 0
Long-Term Investments 0 1,032 292 330 239 394 260 87 104 414 0 0 0 360 0 0 0 318 0 0 0 435 354 329 320 334 339 344 346 376 322 339 345 340 352 348 337 336 352 346 2,072 4,434 4,296 3,992 3,168 2,435 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 2,262 662 2,081 1,948 1,865 949 1,912 1,894 1,971 923 2,226 2,234 2,306 977 1,871 2,026 2,060 997 1,965 1,991 1,996 1,025 1,474 1,417 1,413 983 1,512 1,552 1,502 1,021 1,023 1,007 952 934 928 890 1,132 1,271 1,209 1,187 1,342 120 125 129 145 137 3,142 1,368 1,330 1,312 1,174 1,057 1,061 1,584 1,090 989 874 873 798 844.6 734.3 833 787.4 740.2 689.6 677 739.1 767.9 1,063.7 930.7 654.1 610 598.4 594.5 2,237.6 2,350.4 653.7 705.1 709.3 695.3 1,044 997.8 1,078.1 1,006.9 968.2 991.1 1,309.8 1,446.7 1,397
Total Non-Current Assets 21,727 22,040 21,239 20,549 19,750 19,743 20,646 20,058 20,647 21,288 20,980 21,352 21,945 22,046 20,931 21,835 22,396 22,495 22,027 22,158 22,040 22,771 22,209 20,700 20,913 21,435 21,173 21,264 20,972 20,471 19,760 19,656 19,171 18,652 19,840 19,399 19,587 18,851 20,330 19,906 20,767 16,081 15,675 15,774 14,576 13,739 9,147 8,184 8,132 8,058 7,732 7,577 7,723 8,667 8,736 8,573 13,099 12,892 8,472.4 8,287.4 5,513.7 4,229.7 4,041.8 3,877.7 3,728 3,671.6 3,479.5 3,407.5 3,579.3 3,387.2 3,164.4 3,040.1 2,888.1 2,902.6 4,428.5 4,466.7 4,190.3 4,152.8 4,101.9 4,062.2 4,375.1 4,296.4 4,215.4 4,021.5 3,937.5 3,760 3,813.2 3,067.6 2,983.3
Total Assets 31,253 30,976 29,916 28,745 27,394 27,735 28,322 27,179 27,618 28,500 28,278 28,645 28,822 29,499 28,735 29,718 30,257 30,154 29,706 29,806 30,143 30,775 30,267 27,546 27,859 28,898 27,329 27,575 27,321 27,505 26,392 26,140 26,834 27,479 28,094 27,830 28,305 27,899 28,809 30,653 27,945 22,541 21,727 21,295 19,604 18,178 14,273 11,249 11,073 10,752 10,869 10,997 11,548 12,182 12,684 12,651 17,173 17,526 12,188.1 11,933.9 9,014.3 6,012.2 5,673.8 5,490.5 5,166.4 4,981.9 4,760.3 4,742 4,738.9 4,811.4 4,622.8 4,510.3 4,289.5 4,321.3 5,728.7 5,777.3 6,057.1 5,987.1 5,919.5 5,990.2 6,111.1 6,022.7 6,146.9 5,621.1 5,430.2 5,231.7 5,419.5 4,434.7 4,282.6
Current Liabilities
Account Payables 2,251 1,979 2,029 1,931 1,737 1,472 1,565 1,466 1,476 1,466 1,459 1,519 1,662 1,804 1,808 1,934 1,849 1,612 1,396 1,312 1,272 1,174 1,176 1,109 1,250 1,587 1,447 1,297 1,278 1,456 1,092 1,111 1,164 1,439 1,179 1,096 1,015 1,079 933 938 836 519 459 550 502 542 495 377 376 333 294 299 339 286 430 512 614 855 506.8 445 416.7 418 283.8 243.2 250.5 291.7 213.8 207.4 172.4 300 169.9 162.8 177.2 268.9 159.2 166.2 189.4 255.2 160.9 174.5 181.4 258.3 192.5 143.4 170.6 245.1 166.7 116 154.9
Short-Term Debt 1,255 901 812 786 283 326 335 376 318 320 297 187 197 224 208 121 120 55 50 353 154 146 256 12 12 2 305 455 7 4 252 252 380 379 631 631 257 256 7 279 527 24 23 74 80 68 21 312 313 146 156 145 204 213 347 473 197 128 111.4 126.3 150.1 418.5 297.8 350 143.9 204.6 60.4 38.8 383.8 215 151.6 134.3 48 53.9 427.8 415 271.3 146 122.6 134.5 134 67.6 329 238.5 232.5 141.7 609.8 129.5 82
Deferred Revenue 0 226 392 378 375 317 384 371 352 329 347 326 335 276 336 302 372 371 364 387 374 363 313 192 192 104 0 0 0 54 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,410 1,558 1,414 1,308 1,462 1,717 1,468 1,324 1,380 1,414 1,444 1,642 1,875 1,906 2,024 2,362 1,901 1,654 1,650 1,804 1,030 1,233 1,320 1,044 1,028 1,010 1,093 1,016 1,132 986 983 887 885 623 607 542 589 779 733 763 803 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 827 0 850.9 835.4 698.2 715 637.1 570.5 524.2 578.4 582.9 628.8 398.2 444.7 516.7 522.7 513.3 484.7 452.7 431.6 725.2 763.9 751.6 802.2 747.2 748.3 778.4 681.8 637.1 633.5 619.7 487.5 465.8
Total Current Liabilities 5,916 5,628 5,577 5,475 4,523 4,919 4,637 4,526 4,175 4,319 4,285 4,411 4,773 5,175 5,167 5,530 5,061 4,806 4,337 4,624 3,513 3,767 3,849 3,020 3,191 3,521 3,600 3,416 3,059 3,311 3,112 2,908 2,995 3,209 3,065 2,808 2,421 2,751 2,294 2,448 2,564 1,457 1,278 1,539 1,531 1,592 2,255 1,754 1,697 1,553 1,619 1,559 1,680 1,475 1,806 1,895 1,638 1,949 1,469.1 1,406.7 1,265 1,488 1,218.7 1,163.7 918.6 1,074.7 857.1 875 954.4 1,017.3 838.2 819.8 738.5 807.5 1,039.7 1,012.8 1,185.9 1,165.1 1,035.1 1,111.2 1,062.6 1,074.2 1,299.9 1,063.7 1,040.2 1,020.3 1,396.2 733 702.7
Non-Current Liabilities
Long-Term Debt 7,718 8,476 7,407 6,714 6,954 6,885 7,073 6,908 7,050 7,206 7,210 7,437 6,654 6,687 6,525 6,677 6,839 6,989 7,019 7,025 7,650 7,653 7,822 7,797 7,815 7,458 6,225 6,080 6,018 5,994 5,056 5,099 4,808 4,749 3,994 3,302 3,669 3,646 3,916 3,918 3,910 1,927 1,919 1,930 1,938 1,596 1,460 2,448 2,553 2,668 3,095 3,710 3,963 4,171 3,901 3,855 3,838 3,966 1,946.3 1,977.3 1,987.8 1,288.7 1,287.6 1,286.6 1,291.1 998.3 1,093.3 1,095.9 1,120.1 1,134.1 1,144.7 1,160.8 1,195.1 1,208.5 1,278.3 1,303.8 1,385.8 1,393 1,472.6 1,520.3 1,410 1,405.6 1,351 1,605.6 1,573.6 1,585.6 1,208.2 970.8 916.7
Deferred Tax Liabilities 0 149 164 176 138 137 204 167 193 218 201 217 219 243 136 206 248 258 263 277 287 313 247 273 251 325 289 326 331 347 328 328 514 451 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 61 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 5,270 3,021 3,379 2,487 2,341 2,313 2,414 2,247 2,206 2,281 2,283 2,338 2,392 2,462 2,864 2,862 3,068 3,029 3,219 3,220 2,632 2,778 2,802 2,836 2,848 2,949 2,782 2,894 3,300 3,045 2,995 2,917 3,347 2,933 3,652 3,640 3,836 3,160 4,812 4,615 3,484 1,287 2,177 2,231 2,283 2,295 1,716 1,015 1,023 1,031 1,284 1,121 1,013 1,001 805 820 789 778 772.9 802.4 745.8 720 690.1 685.7 683.1 674.1 1,024.2 655.9 645.8 627.5 672.2 1,034.2 1,023.2 1,011.3 637.2 634.7 671.7 664.9 666.6 663.1 648.4 643.6 658 665.9 652.6 668.6 702 598.3 583.1
Total Non-Current Liabilities 12,988 13,041 12,334 11,725 11,743 11,746 12,218 11,726 11,884 12,313 12,249 12,524 11,842 12,049 12,020 12,206 12,567 12,803 13,014 13,040 13,072 13,560 13,561 12,393 12,381 12,380 10,595 10,638 10,556 10,308 9,302 9,281 9,351 8,515 7,646 6,942 7,505 7,188 8,728 8,533 7,394 4,042 4,096 4,161 4,221 3,891 3,176 3,463 3,576 3,699 4,379 4,831 5,118 5,172 4,706 4,675 4,636 4,796 2,719.2 2,779.7 2,733.6 1,998.7 1,977.7 1,972.3 1,974.2 1,672.4 2,117.5 1,751.8 1,765.9 1,812.2 1,816.9 2,195 2,218.3 1,854.7 1,915.5 1,938.5 2,057.5 2,057.9 2,139.2 2,183.4 2,058.4 2,049.2 2,009 2,271.5 2,226.2 2,254.2 1,910.2 1,569.1 1,499.8
Total Liabilities 18,904 18,669 17,911 17,200 16,266 16,665 16,855 16,252 16,059 16,632 16,534 16,935 16,615 17,224 17,187 17,736 17,628 17,609 17,351 17,664 16,585 17,327 17,410 15,413 15,572 15,901 14,195 14,054 13,615 13,619 12,414 12,189 12,346 11,724 10,711 9,750 9,926 9,939 11,022 10,981 9,958 5,499 5,374 5,700 5,752 5,483 5,431 5,217 5,273 5,252 5,998 6,390 6,798 6,647 6,512 6,570 6,274 6,745 4,188.3 4,186.4 3,998.6 3,486.7 3,196.4 3,136 2,892.8 2,747.1 2,974.6 2,626.8 2,720.3 2,829.5 2,655.1 3,014.8 2,956.8 2,662.2 2,955.2 2,951.3 3,243.4 3,223 3,174.3 3,294.6 3,121 3,123.4 3,308.9 3,335.2 3,266.4 3,274.5 3,306.4 2,302.1 2,202.5
Stockholders' Equity
Common Stock 925 924 924 923 922 921 920 919 917 916 915 915 911 910 910 910 908 907 907 907 864 863 861 860 859 859 859 858 857 857 856 855 854 854 2,300 2,300 850 846 844 842 841 812 811 808 807 806 797 708 703 701 661 634 634 611 9,960 9,774 9,685 9,512 6,600 6,474.8 3,775.8 1,359 1,032.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 16,680 16,551 16,253 15,823 15,839 15,926 15,859 15,976 16,358 16,391 16,673 16,509 16,713 16,778 17,044 16,837 16,737 16,389 16,110 15,739 16,509 16,120 16,065 15,847 16,114 16,408 16,555 16,399 16,489 16,303 16,186 15,731 15,166 15,962 17,533 17,303 17,030 16,880 15,460 15,331 13,290 5,208 4,374 3,636 2,409 1,876 (3,641) (4,981) (5,089) (5,144) (5,148) (5,126) (4,921) (4,330) (2,954) (2,734) 2,077 2,001 2,113.7 1,913.4 1,816.8 1,826.5 1,730.8 1,641.8 1,564.2 1,521.7 1,459.5 1,397.3 1,315.4 1,296 1,229.6 1,159.4 1,074.3 1,024 1,452.3 1,514.3 1,519.2 1,496.5 1,454.8 1,413.3 1,752.3 1,714.5 1,722.4 1,682.5 1,603.9 1,581.9 1,737.4 1,773 1,750.1
Accumulated Other Comprehensive Income (2,291) (2,105) (2,017) (1,934) (2,360) (2,543) (2,008) (2,592) (2,375) (2,048) (2,402) (2,199) (1,897) (1,830) (2,791) (2,094) (1,362) (1,175) (1,259) (1,052) (1,092) (740) (1,134) (1,432) (1,497) (1,171) (1,387) (1,130) (1,166) (1,010) (1,136) (1,035) (577) (816) (1,146) (1,201) (1,196) (1,676) (715) (966) (1,404) (606) (419) (401) (828) (1,409) (213) 95 100 98 (142) (133) (170) (131) (164) (299) (234) (127) (114.6) (55.6) 1.8 (16) (19.6) (2,173.2) (2,044.3) (1,993.9) (1,891.9) (1,830.2) (1,772.6) (1,999.9) (1,958.4) (1,907.8) (1,843.8) (1,793.2) (1,814.4) (2,097.5) (2,097.4) (1,916.3) (1,886) (1,846) (1,795) (1,728) (1,774) (1,687) (1,653) 0 0 0 0
Total Stockholders' Equity 11,812 11,807 11,536 11,116 10,716 10,686 11,103 10,585 11,226 11,551 11,430 11,412 11,925 12,008 11,284 11,734 12,395 12,333 12,145 11,960 13,369 13,257 12,660 12,049 12,198 12,907 13,034 13,425 13,607 13,792 13,890 13,877 14,413 15,724 17,317 18,012 18,308 17,893 17,721 19,609 17,918 16,992 16,302 15,543 13,803 12,647 8,798 6,002 5,770 5,464 4,831 4,588 4,691 5,397 6,031 5,937 10,759 10,642 7,861.1 7,614.9 4,889.2 2,240.7 2,116 1,991 1,924 1,523.5 1,423.6 1,771.5 1,674.4 1,266.3 1,612.6 1,157 1,016.2 983.3 2,462 2,158.6 2,158 2,126.9 2,105.1 2,055.9 2,732.4 2,652.3 2,643.5 2,099.7 1,981.6 1,711.5 1,870.3 1,885.4 1,835
Total Liabilities & Equity 31,253 30,976 29,916 28,745 27,394 27,735 28,322 27,179 27,618 28,500 28,278 28,645 28,822 29,499 28,735 29,718 30,257 30,154 29,706 29,806 30,143 30,775 30,267 27,546 27,859 28,898 27,329 27,575 27,321 27,505 26,392 26,140 26,834 27,479 28,094 27,830 28,305 27,899 28,809 30,653 27,945 22,541 21,727 21,295 19,604 18,178 14,273 11,249 11,073 10,752 10,869 10,997 11,548 12,182 12,684 12,651 17,173 17,526 12,188.1 11,933.9 9,014.3 6,012.2 5,673.8 5,490.5 5,166.4 4,981.9 4,760.3 4,742 4,738.9 4,811.4 4,622.8 4,510.3 4,289.5 4,321.3 5,728.7 5,777.3 6,057.1 5,987.1 5,919.5 5,990.2 6,111.1 6,022.7 6,146.9 5,621.1 5,430.2 5,231.7 5,419.5 4,434.7 4,282.6
Debt Metrics
Total Debt 8,973 10,223 9,185 8,499 8,153 8,091 8,341 8,197 8,291 8,484 8,457 8,554 7,797 7,817 7,478 7,572 7,728 7,829 7,791 8,090 8,504 8,701 8,773 8,499 8,462 8,252 7,039 7,048 6,025 5,998 5,308 5,351 5,188 5,128 4,625 3,933 3,926 3,902 3,923 4,197 4,437 1,951 1,942 2,004 2,018 1,664 1,481 2,760 2,866 2,814 3,251 3,855 4,167 4,384 4,248 4,328 4,035 4,094 2,057.7 2,103.6 2,137.9 1,911 1,585.4 1,636.6 1,435 1,202.9 1,153.7 1,134.7 1,503.9 1,338.8 1,296.3 1,295.1 1,243.1 1,262.4 1,706.1 1,718.8 1,657.1 1,539 1,595.2 1,654.8 1,544 1,473.2 1,680 1,844.1 1,806.1 1,727.3 1,818 1,100.3 998.7
Net Debt 7,218 8,697 7,537 7,008 6,794 6,323 6,728 6,778 6,926 6,705 6,818 7,016 6,651 6,146 5,848 5,943 5,712 5,681 5,579 5,770 5,636 6,029 6,259 6,341 6,437 5,818 6,068 5,870 4,569 3,643 3,405 3,328 2,092 811 760 (256) (918) (1,389) (898) (2,947) 897 0 (1,133) (537) (216) (116) (397) 1,796 1,856 1,981 2,504 2,728 2,741 3,401 4,137 4,197 3,909 3,015 1,953.2 1,997.6 824.8 1,789 1,515.4 1,560.5 1,283.1 1,157.5 1,060.7 943.4 1,424.4 1,241.8 1,216.3 1,154.8 1,136.2 1,039.2 1,578.6 1,596.6 1,492.8 1,324.1 1,486.2 1,460.3 1,449.2 1,311.9 1,425.3 1,723.1 1,707.9 1,566.5 1,696.8 994.2 893.6
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income 408 540 470 469 185 340 (95) 104 209 (28) 182 303 191 (27) 226 584 581 487 371 449 599 252 427 (71) (96) 32 337 92 499 292 625 738 (589) (1,412) 390 439 86 1,572 284 2,207 (368) 203 165 249 108 55 (29) 33 (22) (205) (709) (133) (370) (90) (655) (220) (4,755) (56.7) 253.6 149.2 76.9 140.1 133.3 121.8 86.5 104.3 104.4 123.8 61.5 108.5 112.3 127 92 76.3 (9.5) 37 71.8 83.5 83.5 (297.2) 79.4 35 76.9 111.4 58 (15.2) (33.9) 89.8 49.8
Depreciation & Amortization 357 351 337 340 319 335 339 335 337 345 340 343 341 346 358 375 373 379 371 369 362 392 394 352 382 392 396 380 335 330 318 322 323 306 294 281 277 305 300 295 295 130 129 125 129 130 126 123 141 127 139 171 177 174 240 0 0 (1.1) 219.1 176.4 125.6 99.7 91.3 95.1 94.6 65 75.8 78.3 78.9 64.1 88.4 81.6 87.5 76 70.3 32.7 109.1 97.7 98.6 93 88.1 86.3 97.2 78 76.9 69.8 83.2 64.4 63
Stock-Based Compensation 115 70 99 63 54 71 76 66 60 50 57 59 52 30 52 51 42 73 39 44 34 80 62 55 10 13 13 21 0 51 0 0 0 46 0 (14) 14 9 10 14 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (466) 412 (85) (107) (464) (130) 101 (81) (375) 197 166 (40) (465) 189 (58) (79) (190) 326 25 (128) (27) 374 (64) 106 (241) 283 189 (330) (591) 392 36 (152) (258) 190 74 (232) (393) 368 74 35 (390) 68 (37) (260) 37 (112) 54 10 (12) (114) (29) 10 (56) (145) 239 0 0 (56.8) (178.8) 80 (246.4) 72.1 122.3 (152.3) (124.6) 65.4 24.6 (4.4) (152.1) 145.2 (48.7) (34.6) (182.2) 56.1 (2.8) (28.8) (120.7) 184.7 56.3 (78.5) (192.3) 89.9 (69.5) (139.4) (202.3) 301.5 (7.6) (107.8) (123.9)
Other Non-Cash Items 10 (115) 73 (68) 107 (11) 330 106 (145) 261 (70) (74) (130) 183 142 (221) (296) (209) 77 102 (366) (400) (245) 198 233 404 5 5 (232) 16 (43) (223) 828 (40) (127) (239) 328 (1,588) 133 (1,472) 716 212 282 25 (17) 12 (80) (123) (26) 393 789 (11) 309 (40) 726 754 5,269 610.7 282.3 19.6 15.4 (12.7) (14.2) (0.8) (12.5) (47.9) (71.9) (29.6) (6.5) (3.3) 11.8 29.7 10.6 (162.9) 225.7 (52.8) 1 (0.7) (5.6) 456.8 (7.1) 63.3 60.5 (36.8) (0.6) 84.6 96.9 (7.1) (9.3)
Operating Cash Flow 362 1,052 784 708 151 623 699 521 96 713 722 619 (49) 617 706 758 534 1,023 895 771 723 774 608 550 248 1,018 889 153 (29) 939 943 715 320 888 645 280 191 1,405 652 526 (83) 595 543 142 262 45 67 18 25 23 (115) (1) 23 (171) 221 534 514 547.1 584.8 342 (52.9) 310 338.3 78.9 48.5 203.5 115.9 166.7 (20.5) 349.2 160.8 201.8 (7) 63 306.7 (21.8) 49.1 349.9 228.8 147.6 (27.7) 303 151.7 11.3 (63.8) 432.1 138.6 39.3 (20.4)
Investing Activities
Capital Expenditure (332) (432) (334) (308) (208) (254) (217) (242) (252) (279) (341) (388) (382) (403) (465) (353) (383) (623) (401) (324) (289) (391) (153) (288) (545) (376) (517) (570) (524) (613) (515) (522) (655) (557) (486) (397) (364) (294) (282) (263) (270) (378) (375) (323) (168) (134) (162) (94) (55) (55) (74) (70) (111) (102) (268) (377) (579) (548.6) (413.8) (349.5) (213.1) (270.2) (234.3) (263.2) (153) (228.5) (169.2) (226.5) (132.9) (350.3) (181) (156.7) (86.8) (221.2) (151.9) (113.2) (111.5) (178.9) (139.1) (111.8) (65.5) (143.3) (96.4) (86.6) (60.6) (182.3) (125.6) (84.3) (50.9)
Acquisitions 0 0 0 0 0 0 0 0 0 296 0 0 67 (29) (1) (1) 74 (2) 2 165 24 6 (2) 0 0 (842) 0 0 0 (38) (10) (598) 0 14 (133) 1 (39) (64) 0 (293) (20) 0 17 0 0 0 1 0 0 0 0 0 0 0 0 0 0 (3,748.3) (15.2) (101.7) (1,143.8) 0 0 0 0 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 0 0 0 0 0 0 0 0 0 (17) 0 0 (67) (49) (4) (6) 0 3 0 324 (3) 2 (2) 0 0 473 0 0 0 (608) (452) 522 0 4 486 397 (4) (10) 0 (14) (93) (610) (389) (314) (404) (302) (164) (365) (637) (428) (633) (836) (253) (603) (1,340) 0 0 (117.9) 3.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 85 0 0 0 (168) 74 94 56 93 96 81 91 77 92 40 37 17 16 0 2 (2) 1 11 16 1 29 20 46 26 23 13 71 50 98 80 55 2 4,870 214 404 276 486 233 286 318 534 593 369 640 542 728 920 0 0 0 108.4 (28.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 129 (46) (50) 7 43 47 186 14 (26) (286) (7) 5 73 4 (9) (21) (9) (31) (6) (308) (20) 3 11 42 (5) 372 16 (10) 21 592 440 (536) (2) (24) (501) (407) 1 40 (2) 14 93 0 8 2 26 9 18 (4) 27 26 817 (30) 30 4 875 19 (22) (51.1) (0.9) 13.6 57.6 28.5 11.5 (12.1) (16) 25.7 (0.6) 589.1 17.2 14.2 3.3 (17.9) 32.9 665.4 (8.9) 41.7 (20.4) 31.4 (38.5) (3.2) (37.6) (42.9) 26 118.1 (274.1) (7.3) (450.3) (14.3) 10.8
Investing Cash Flow (203) (478) (299) (301) (165) (207) (199) (154) (184) (230) (255) (287) (228) (386) (402) (289) (278) (616) (388) (127) (288) (378) (148) (245) (539) (357) (500) (551) (483) (621) (511) (1,111) (644) (492) (584) (308) (326) (273) (282) 4,314 (76) (584) (463) (149) (313) (141) 11 71 (72) (88) 750 (394) 394 219 (733) (358) (601) (4,357.5) (454.6) (437.6) (1,299.3) (241.7) (222.8) (275.3) (169) (202.8) (169.8) 362.6 (115.7) (336.1) (177.7) (174.6) (53.9) 444.2 (160.8) (71.5) (131.9) (147.5) (177.6) (115) (103.1) (186.2) (70.4) 31.5 (334.7) (189.6) (575.9) (98.6) (40.1)
Financing Activities
Net Debt Issuance 414 (395) (36) 53 (47) (13) (212) (5) (37) (102) (47) (4) (69) 90 9 0 0 (141) 0 0 (25) 31 3 9 200 1,482 0 0 0 635 0 0 0 492 0 0 0 1 (21) 0 (65) (3) (4) (146) (16) 253 (95) (383) (626) (251) (150) (63) (482) (136) 699 (125) 297 2,021.3 (13) (47) 212 121.8 (31.8) 165.8 231.6 (4.4) 18.7 (369.9) 164.6 55.9 5.7 49.7 (14.7) (440.6) (12.5) 119.4 93.6 (46.5) (52.5) 106.3 65.7 153.5 (253.3) 13.2 79.4 (170.2) 522.9 89 77.8
Stock Repurchased 0 (5) (25) (33) (129) (35) (48) (129) (34) (3) (4) (83) (16) (3) (22) (94) (149) (256) (23) (56) 0 (1) (2) (8) (105) (232) (301) (150) (257) (347) (397) (683) (800) (390) (1,022) (654) (402) (345) (2,371) (821) (706) 0 0 0 0 0 0 0 0 0 0 0 0 0 (17) (6) 0 54.5 (8) (5) (42) (9.4) (46) (41.9) (15.6) (9) (26.3) (14.9) (9.5) (8.6) (13.5) (17.5) (10.5) (57.8) (13.5) (5.9) (6.7) (17.3) (6.7) (6.8) (2.3) 0 0 0 0 0 (0.4) (9.2) (49)
Dividends Paid (244) (255) (241) (261) (242) (249) (242) (252) (243) (248) (246) (256) (239) (236) (234) (234) (228) (212) (217) (234) (208) (200) (204) (191) (192) (188) (192) (181) (181) (168) (169) (171) (177) (158) (160) (165) (168) (152) (153) (167) (173) 0 0 (5) (3) (2) (4) (9) (3) (3) (21) 0 0 0 (1) 0 (56) (56) (53.4) (52.5) (50.1) (44.5) (44.3) (44.2) (43.9) (42) (42.3) (41.9) (42.1) (42.1) (42.1) (41.9) (41.7) (41.5) (42.4) (41.8) (41.5) (41.8) (83.7) 0 0 (46.6) (69.2) 0 0 (34.6) (68.2) 0 0
Other Financing Activities (125) 3 (22) (52) 15 77 170 82 6 (10) (59) 427 76 (70) (5) (475) 2 147 (361) (909) (8) (144) 60 12 3 (276) (78) 462 45 1 28 235 18 27 725 69 182 46 (192) (231) 28 (6) (1) 0 0 0 (1) 0 0 0 0 (48) 0 0 0 221 12 (57) (213.9) 214.3 (0.3) 0 33 (4.9) 17.4 0 0 0 0 0 (2.1) (1.2) (0.1) 1 (0.5) 1.1 0 0 0 (41.7) 0 45 0 (14.9) 0 0 0 (33.4) 0
Financing Cash Flow 59 (652) (324) (293) (403) (220) (332) (304) (308) (363) (356) 84 (248) (219) (252) (803) (375) (462) (601) (1,199) (190) (314) (143) (178) (94) 786 (571) 131 (393) 121 (538) (619) (959) (29) (457) (750) (388) (448) (2,735) (1,210) (913) 86 377 (130) 9 274 (84) (22) (351) (251) (167) 438 (464) (121) 682 96 253 4,363 (265.9) 164.3 2,386.6 84.9 (91.7) 122.1 229.2 (49.1) (48.8) (418) 119.3 8.7 (43.8) 6.5 (58.9) (513.5) (55.4) 78.7 51 (101.1) (137.2) 66.8 68.5 (212) 51.3 (20.2) 335.7 (204) 458.6 52.7 31.6
Cash Position
Net Change in Cash 213 (82) 157 132 (409) 155 194 54 (414) 140 101 392 (525) 41 1 (387) (132) (64) (108) (548) 196 158 356 133 (409) 1,463 (207) (278) (899) 450 (120) (1,073) (1,221) 452 (324) (655) (447) 470 (2,323) 3,604 (960) 94 454 (162) (46) 177 24 62 (380) (299) 488 43 (18) (79) (558) 284 162 556.5 (142) 66.4 1,032.7 151.9 25.4 (75.8) 106.5 (47.6) (98.3) 111.8 (17.5) 21.3 (60.3) 33.4 (116.3) 95.7 5.3 (14.8) (50.6) 105.9 (85.5) 99.7 (66.5) (93.4) 133.7 22.8 (62.6) 39.6 15.1 1 (28)
Cash at Beginning 1,566 1,648 1,491 1,359 1,768 1,613 1,419 1,365 1,779 1,639 1,538 1,146 1,671 1,630 1,629 2,016 2,148 2,212 2,320 2,868 2,672 2,514 2,158 2,025 2,434 971 1,178 1,456 2,355 1,905 2,023 3,096 4,317 3,865 4,189 4,844 5,291 4,821 7,144 3,540 4,500 1,301 847 1,009 1,010 833 809 747 1,127 1,426 983 940 958 1,037 1,595 1,311 1,149 1,237.5 1,379.5 1,313.1 280.4 101.5 76.1 0 45.4 0 0 0 97 0 0 0 223.2 0 0 0 214.9 0 0 0 161.3 0 0 0 160.8 0 0 0 133.1
Cash at End 1,779 1,566 1,648 1,491 1,359 1,768 1,613 1,419 1,365 1,779 1,639 1,538 1,146 1,671 1,630 1,629 2,016 2,148 2,212 2,320 2,868 2,672 2,514 2,158 2,025 2,434 971 1,178 1,456 2,355 1,903 2,023 3,096 4,317 3,865 4,189 4,844 5,291 4,821 7,144 3,540 1,395 1,301 847 964 1,010 833 809 747 1,127 1,471 983 940 958 1,037 1,595 1,311 1,794 1,237.5 1,379.5 1,313.1 253.4 101.5 (75.8) 151.9 (47.6) (98.3) 111.8 79.5 21.3 (60.3) 33.4 106.9 95.7 5.3 (14.8) 164.3 105.9 (85.5) 99.7 94.8 (93.4) 133.7 22.8 98.2 39.6 15.1 1 105.1
Free Cash Flow 30 620 450 400 (57) 369 482 279 (156) 434 381 231 (431) 214 241 405 151 400 494 447 434 383 455 262 (297) 642 372 (417) (553) 326 428 193 (335) 331 159 (117) (173) 1,111 370 263 (353) 217 168 (181) 94 (89) (95) (76) (30) (32) (189) (71) (88) (273) (47) 157 (65) (1.5) 171 (7.5) (266) 39.8 104 (184.3) (104.5) (25) (53.3) (59.8) (153.4) (1.1) (20.2) 45.1 (93.8) (158.2) 154.8 (135) (62.4) 171 89.7 35.8 (93.2) 159.7 55.3 (75.3) (124.4) 249.8 13 (45) (71.3)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 4,144 4,215 4,100 3,862 3,452 3,501 3,391 3,251 2,975 2,994 3,173 3,243 3,178 3,406 3,488 3,615 3,680 3,676 3,615 3,501 3,290 3,350 3,001 2,561 2,391 2,817 2,934 2,940 2,812 3,035 3,008 2,747 2,500 2,637 2,607 2,497 2,375 2,476 2,507 2,360 2,047 2,231 2,272 2,343 2,265 2,404 2,540 2,482 2,289 1,956 2,067 1,982 1,814 2,146 2,038 1,908 1,920 1,887 2,075 2,005 1,923 1,765 1,602 1,712 1,553 1,532 1,479 1,395 989 1,084 1,555 1,692 1,617 1,582 1,553 1,418 1,307 1,369 1,282 1,261 1,262 1,200 1,188 1,141 1,050 1,033 1,006 971 844 820 752 533 896 974 1,868 1,921 2,151.6 1,944 1,802.5 1,381.7
Gross Profit 1,528 1,486 1,520 1,392 1,214 1,197 1,137 949 993 911 1,004 1,013 1,003 915 1,062 1,246 1,283 1,271 1,321 1,315 1,156 1,213 1,001 756 561 854 1,017 1,065 1,099 1,202 1,232 1,072 955 1,034 1,050 987 951 990 1,041 951 764 857 892 975 929 996 1,089 1,032 935 770 901 883 770 907 889 808 824 825 978 889 874 767 724 827 731 649 599 575 270 307 735 852 844 757 742 659 591 603 566 541 573 527 545 483 429 365 404 346 300 242 181 21 214 32 536 964 1,094.1 804 746 675
Operating Income 639 698 589 573 445 393 302 186 254 78 236 279 297 86 292 490 570 483 552 575 502 476 257 (103) (121) 147 365 374 420 464 522 395 194 372 453 381 413 432 535 247 177 87 392 431 412 536 620 460 315 184 439 424 324 650 414 309 342 223 587 424 460 649 319 430 403 200 230 221 (260) (23) 349 417 777 331 399 217 134 338 204 272 32 275 150 49 135 71 (1,590) 73 (7) (439) (110) (1,736) (613) (1,102) (4,836) 230 593.1 325 268 240
Net Income 371 540 430 469 157 310 (117) 104 209 (40) 164 281 176 (36) 208 563 581 487 371 449 599 252 427 (71) (96) 32 337 92 499 292 625 738 (589) (1,412) 390 439 86 1,572 284 2,207 (368) 224 212 496 407 988 1,014 169 301 421 408 638 494 283 533 474 474 491 811 755 748 1,044 785 913 816 740 643 611 14 249 768 3,211 1,029 717 617 489 327 646 438 514 257 (32) 203 165 250 163 (2,491) 108 55 (29) (22) (709) (370) (655) (4,755) 132 (56.7) 254 149 77
EPS (Diluted) 0.43 0.63 0.50 0.54 0.18 0.36 -0.14 0.12 0.24 -0.05 0.19 0.33 0.20 -0.04 0.24 0.66 0.68 0.56 0.43 -0.42 0.67 0.26 0.48 -0.13 -0.16 0.01 0.38 0.09 0.55 0.34 0.67 0.78 -0.72 -1.66 0.39 0.42 0.07 1.47 0.26 1.87 -0.36 0.17 0.15 0.36 0.29 0.70 0.72 0.11 0.20 0.30 0.28 0.43 0.33 0.19 0.36 0.31 0.31 0.31 0.51 0.47 0.47 0.67 0.50 0.58 0.52 0.48 0.41 0.39 0.01 0.16 0.49 2.01 0.64 0.46 0.38 0.30 0.20 0.41 0.27 0.32 0.16 -0.02 0.13 0.11 0.17 0.12 -1.78 0.07 0.04 -0.02 -0.02 -0.59 -0.39 -0.69 -5.13 0.14 -0.06 0.29 0.17 0.09
Balance Sheet
Cash & Equivalents 1,755 1,526 1,648 1,491 1,359 1,768 1,613 1,419 1,365 1,779 1,639 1,538 1,146 1,671 1,630 1,629 2,016 2,148 2,212 2,320 2,868 2,672 2,514 2,158 2,025 2,434 971 1,178 1,456 2,355 1,903 2,023 3,096 4,317 3,865 4,189 4,844 5,291 4,821 7,144 3,540 3,214 3,075 2,541 2,234 1,780 1,878 964 1,010 833 747 1,127 1,471 983 111 131 126 138 104.5 106 1,313.1 253.4 70 76.1 151.9 45.4 93 191.3 79.5 101.3 80 140.3 106.9 223.2 127.5 122.2 164.3 214.9 109 194.5 94.8 161.3 254.7 121 98.2 160.8 121.2 106.1 105.1
Total Assets 31,253 30,976 29,916 28,745 27,394 27,735 28,322 27,179 27,618 28,500 28,278 28,645 28,822 29,499 28,735 29,718 30,257 30,154 29,706 29,806 30,143 30,775 30,267 27,546 27,859 28,898 27,329 27,575 27,321 27,505 26,392 26,140 26,834 27,479 28,094 27,830 28,305 27,899 28,809 30,653 27,945 22,541 21,727 21,295 19,604 18,178 14,273 11,249 11,073 10,752 10,869 10,997 11,548 12,182 12,684 12,651 17,173 17,526 12,188.1 11,933.9 9,014.3 6,012.2 5,673.8 5,490.5 5,166.4 4,981.9 4,760.3 4,742 4,738.9 4,811.4 4,622.8 4,510.3 4,289.5 4,321.3 5,728.7 5,777.3 6,057.1 5,987.1 5,919.5 5,990.2 6,111.1 6,022.7 6,146.9 5,621.1 5,430.2 5,231.7 5,419.5 4,434.7 4,282.6
Total Debt 8,973 10,223 9,185 8,499 8,153 8,091 8,341 8,197 8,291 8,484 8,457 8,554 7,797 7,817 7,478 7,572 7,728 7,829 7,791 8,090 8,504 8,701 8,773 8,499 8,462 8,252 7,039 7,048 6,025 5,998 5,308 5,351 5,188 5,128 4,625 3,933 3,926 3,902 3,923 4,197 4,437 1,951 1,942 2,004 2,018 1,664 1,481 2,760 2,866 2,814 3,251 3,855 4,167 4,384 4,248 4,328 4,035 4,094 2,057.7 2,103.6 2,137.9 1,911 1,585.4 1,636.6 1,435 1,202.9 1,153.7 1,134.7 1,503.9 1,338.8 1,296.3 1,295.1 1,243.1 1,262.4 1,706.1 1,718.8 1,657.1 1,539 1,595.2 1,654.8 1,544 1,473.2 1,680 1,844.1 1,806.1 1,727.3 1,818 1,100.3 998.7
Stockholders' Equity 11,812 11,807 11,536 11,116 10,716 10,686 11,103 10,585 11,226 11,551 11,430 11,412 11,925 12,008 11,284 11,734 12,395 12,333 12,145 11,960 13,369 13,257 12,660 12,049 12,198 12,907 13,034 13,425 13,607 13,792 13,890 13,877 14,413 15,724 17,317 18,012 18,308 17,893 17,721 19,609 17,918 16,992 16,302 15,543 13,803 12,647 8,798 6,002 5,770 5,464 4,831 4,588 4,691 5,397 6,031 5,937 10,759 10,642 7,861.1 7,614.9 4,889.2 2,240.7 2,116 1,991 1,924 1,523.5 1,423.6 1,771.5 1,674.4 1,266.3 1,612.6 1,157 1,016.2 983.3 2,462 2,158.6 2,158 2,126.9 2,105.1 2,055.9 2,732.4 2,652.3 2,643.5 2,099.7 1,981.6 1,711.5 1,870.3 1,885.4 1,835
Cash Flow
Operating Cash Flow 362 1,052 784 708 151 623 699 521 96 713 722 619 (49) 617 706 758 534 1,023 895 771 723 774 608 550 248 1,018 889 153 (29) 939 943 715 320 888 645 280 191 1,405 652 526 (83) 595 543 142 262 45 67 18 25 23 (115) (1) 23 (171) 221 534 514 547.1 584.8 342 (52.9) 310 338.3 78.9 48.5 203.5 115.9 166.7 (20.5) 349.2 160.8 201.8 (7) 63 306.7 (21.8) 49.1 349.9 228.8 147.6 (27.7) 303 151.7 11.3 (63.8) 432.1 138.6 39.3 (20.4)
Capital Expenditure (332) (432) (334) (308) (208) (254) (217) (242) (252) (279) (341) (388) (382) (403) (465) (353) (383) (623) (401) (324) (289) (391) (153) (288) (545) (376) (517) (570) (524) (613) (515) (522) (655) (557) (486) (397) (364) (294) (282) (263) (270) (378) (375) (323) (168) (134) (162) (94) (55) (55) (74) (70) (111) (102) (268) (377) (579) (548.6) (413.8) (349.5) (213.1) (270.2) (234.3) (263.2) (153) (228.5) (169.2) (226.5) (132.9) (350.3) (181) (156.7) (86.8) (221.2) (151.9) (113.2) (111.5) (178.9) (139.1) (111.8) (65.5) (143.3) (96.4) (86.6) (60.6) (182.3) (125.6) (84.3) (50.9)
Free Cash Flow 30 620 450 400 (57) 369 482 279 (156) 434 381 231 (431) 214 241 405 151 400 494 447 434 383 455 262 (297) 642 372 (417) (553) 326 428 193 (335) 331 159 (117) (173) 1,111 370 263 (353) 217 168 (181) 94 (89) (95) (76) (30) (32) (189) (71) (88) (273) (47) 157 (65) (1.5) 171 (7.5) (266) 39.8 104 (184.3) (104.5) (25) (53.3) (59.8) (153.4) (1.1) (20.2) 45.1 (93.8) (158.2) 154.8 (135) (62.4) 171 89.7 35.8 (93.2) 159.7 55.3 (75.3) (124.4) 249.8 13 (45) (71.3)