Global Payments Inc. logo GPN - Global Payments Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 36
HOLD 22
SELL 4
STRONG
SELL
0
| PRICE TARGET: $87.45 DETAILS
HIGH: $111.00
LOW: $76.00
MEDIAN: $82.00
CONSENSUS: $87.45
UPSIDE: 10.74%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4
Revenue
Revenue 2,969.7 1,896.8 2,007.6 1,956.7 2,412.1 2,515.4 1,997.7 1,971.0 2,420.2 2,433.8 2,475.7 2,452.5 2,292.4 2,253.0 2,285.4 2,280.9 2,156.3 2,194.0 2,202.3 2,137.4 1,990.0 1,930.2 1,917.8 1,672.0 1,903.6 1,987.8 1,105.9 935.2 883.0 880.6 857.7 833.2 795.0 1,054.3 1,038.9 962.2 919.8 950.2 951.9 747.1 679.9 722.4 748.8 706.5 665.0 697.3 704.9 674.0 616.5 634.1 629.7 618.4 578.7 588.5 590.3 597.0 533.5 530.5 542.8 519.8 456.4 443.5 440.1 425.1 398.5 409.0 409.9 402.0 359.5 365.9 405.8 343.8 310.6 308.8 311.0 280.1 260.4 260.7 260.3 238.8 225.2 219.7 224.5 207.7 195.5 188.5 192.6 181.8 162.6 148.4 136.5 134.3 124.6 129.5 127.7 121.0 115.3 115.6 111.0 102.7 80.7 82.6
Cost of Revenue 1,273.6 557.3 556.7 498.8 921.2 952.3 504.6 504.5 922.4 922.3 915.5 942.0 947.8 927.9 931.2 962.3 957.2 968.0 944.2 936.3 925.2 922.2 900.9 893.7 933.9 1,041.1 427.7 302.3 305.2 313.1 265.0 264.5 252.4 509.1 493.9 469.1 455.9 478.5 470.0 345.7 258.7 270.6 272.7 254.2 250.3 257.8 259.8 253.4 232.9 235.2 230.7 230.0 217.5 210.3 204.4 213.1 194.2 185.9 191.5 191.4 168.3 154.2 151.0 152.3 146.2 144.9 141.2 153.5 124.0 131.1 144.2 125.1 117.7 116.5 116.3 107.3 103.6 105.8 98.2 89.1 88.9 86.9 93.2 90.1 87.4 79.3 80.4 88.1 71.8 67.3 62.2 66.3 62.7 64.4 66.9 65.8 64.1 60.7 61.5 65.8 44.6 43.2
Gross Profit 1,696.1 1,339.4 1,451.0 1,458.0 1,490.9 1,563.1 1,493.1 1,466.6 1,497.8 1,511.5 1,560.2 1,510.5 1,344.7 1,325.1 1,354.1 1,318.6 1,199.1 1,226.0 1,258.2 1,201.1 1,064.8 1,008.0 1,016.9 778.2 969.7 946.6 678.2 632.9 577.8 567.5 592.7 568.6 542.6 545.2 545.0 493.1 463.8 471.7 481.9 401.4 421.2 451.8 476.1 452.3 414.7 439.5 445.1 420.6 383.5 399.0 398.9 388.4 361.3 378.3 385.9 384.0 339.3 344.6 351.2 328.3 288.1 289.3 289.1 272.7 252.3 264.1 268.7 248.5 235.5 234.7 261.6 218.7 193.0 192.3 194.7 172.8 156.9 154.9 162.1 149.7 136.3 132.8 131.3 117.6 108.1 109.2 112.2 93.7 90.8 81.2 74.3 68.0 61.9 65.1 60.8 55.2 51.1 54.9 49.5 36.9 36.1 39.4
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
SG&A Expenses 1,711.7 1,091.9 811.7 897.3 995.6 958.5 945.5 991.2 966.6 892.7 923.9 953.3 853.9 839.2 843.5 801.8 774.9 749.6 787.4 761.8 699.4 644.0 668.9 589.9 656.0 660.1 370.7 384.9 373.0 379.0 361.3 369.8 368.1 452.0 351.1 339.3 332.8 391.5 327.5 345.2 313.4 328.6 338.4 348.7 310.1 315.5 320.7 331.7 286.2 294.0 291.6 290.6 271.7 276.2 281.4 289.7 247.0 248.0 242.6 240.2 209.9 206.2 207.0 201.2 178.5 175.4 179.5 181.1 173.1 156.9 168.5 151.9 133.1 133.5 127.4 118.6 105.7 102.6 98.6 97.3 88.2 81.7 79.9 74.3 69.9 68.4 70.5 59.6 60.4 51.9 45.5 44.3 40.1 41.3 35.5 34.2 33.1 34.1 26.8 30.6 24.1 23.4
Other 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 (7) 0 28.5 (1.2) (14.5) 24.0 84.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3 1.0 3.1 0 0 0 0 0 1.0 0.9 3.7 0 0 0 4.9 0 3.1 1.6 1.3 0 0 0 0 0 0 0 (2.3) 0 0
Operating Expenses 1,711.7 1,091.9 811.7 897.3 995.6 958.5 945.5 991.2 966.6 892.7 923.9 953.3 853.9 839.2 843.5 801.8 774.9 749.6 787.4 761.8 699.4 644.0 668.9 589.9 656.0 660.1 370.7 384.9 373.0 379.0 361.3 369.8 368.1 452.0 351.1 339.3 332.8 391.5 327.5 345.2 313.4 328.6 338.4 348.7 310.1 315.5 320.7 331.7 286.2 287.0 291.6 319.0 270.5 261.7 305.4 374.1 247.0 248.0 242.6 240.2 209.9 206.2 207.0 201.2 178.5 175.4 179.5 181.1 173.1 156.9 168.5 151.9 133.1 133.8 128.4 121.7 105.7 102.6 98.6 97.3 88.2 82.7 80.7 78.1 69.9 68.4 70.5 64.5 60.4 55.1 47.1 45.6 40.1 41.3 35.5 34.2 33.1 34.1 26.8 28.3 24.1 23.4
Operating Income
Operating Income (15.6) 247.5 639.2 560.6 495.3 604.6 547.6 475.4 531.2 618.9 636.3 557.2 490.8 485.9 510.7 516.8 424.1 476.4 470.8 439.4 365.4 364.0 348.0 188.3 313.7 286.6 307.5 248.0 204.8 188.5 231.4 198.8 174.5 93.1 194.0 153.8 131.1 80.2 154.4 56.2 107.8 123.2 137.8 103.6 104.6 124.0 124.4 88.9 97.3 111.9 107.4 69.4 90.8 116.6 80.5 9.8 92.3 96.6 108.6 88.1 78.2 83.1 82.1 71.5 73.8 88.7 89.2 67.4 62.4 77.9 93.1 66.8 59.9 58.4 66.2 51.1 51.2 52.3 63.5 52.4 48.1 50.0 50.5 39.5 38.2 40.8 41.6 29.2 30.4 26.1 27.2 22.4 21.8 23.8 25.3 20.9 18.0 20.8 22.7 8.5 12.0 16.0
Interest Expense 242.4 204.5 142.9 152.2 157.1 156.8 155.9 148.2 162.1 169.7 176.1 191.4 122.9 121.8 135.2 99.2 93.3 87.8 82.2 80.6 83.1 85.1 83.0 82.9 92.6 84.0 96.2 65.6 59.1 55.9 46.4 47.7 45.6 44.4 40.8 48.4 41.3 52.4 43.1 28.6 13.3 14.1 13.2 9.6 13.4 10.3 11.0 9.5 16.5 8.0 7.9 8.1 7.1 14.6 3.5 4.2 3.7 4.9 4.1 4.7 4.3 4.3 4.8 4.8 4.1 4.4 4.1 0.6 2.3 1.8 2.4 0 2.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 33.5 60.1 21.5 35.5 39.4 42.6 55.3 34.2 35.9 38.9 35.7 27.9 11.2 8.5 20.4 3.0 1.7 3.3 6.3 5.5 4.2 8.3 30.0 2.8 2.5 11.1 11.2 6.2 2.9 3.3 3.1 2.6 11.7 2.9 2.3 1.8 1.6 1.4 42.5 1.8 1.1 1.3 1.1 1.3 1.2 1.3 1.2 2.1 2.9 5.3 3.3 3.6 2.5 2.2 2.0 2.8 2.4 2.3 2.5 3.5 1.6 4.1 1.5 1.9 1.3 0.7 0.7 0.7 1.1 1.9 3.4 0 4.8 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 0
Profitability
EBITDA 882.6 710.7 1,125.8 818.5 996.0 1,375.8 844.9 979.6 984.9 1,025.7 1,086.3 1,121.7 503.1 847.2 837.3 (79.7) 822.8 792.3 839.3 803.3 715.3 701.9 736.0 496.5 684.3 622.6 367.8 373.9 352.9 325.6 348.7 315.8 289.4 273.6 287.3 239.1 214.0 190.4 228.6 129.2 148.1 163.2 177.7 139.6 139.4 159.9 160.2 125.9 130.0 146.2 139.1 101.9 124.2 146.9 106.4 38.2 120.0 122.9 135.3 117.4 101.6 105.2 100.3 91.7 91.9 106.2 106.9 84.0 78.8 98.1 113.3 78.6 75.9 69.5 77.5 64.2 61.5 62.6 73.3 62.2 58.4 61.0 61.8 55.1 49.6 52.2 52.3 44.6 40.0 37.2 36.3 31.5 30.1 31.8 33.2 39.7 25.4 28.2 29.6 20.4 16.8 16.0
EBIT 17.9 340.5 789.6 461.9 509.4 876.4 499.6 509.6 490.8 540.3 596.3 629.8 66.5 414.8 403.8 (534.4) 368.2 314.5 396.6 358.4 268.7 249.5 309.3 100.4 241.8 203.4 184.1 228.8 204.3 172.3 224.6 192.2 167.7 152.4 173.6 131.8 105.0 81.7 120.0 58.0 108.9 124.5 138.9 104.9 105.8 125.3 125.6 91.0 100.2 117.2 110.7 73.0 93.3 118.8 82.5 12.6 94.7 98.8 111.1 91.7 79.8 87.2 83.6 73.4 75.2 89.4 89.9 68.1 63.5 79.8 96.5 66.8 64.7 58.7 67.2 54.2 51.2 52.3 63.5 52.4 48.1 51.0 51.4 43.2 38.2 40.8 41.6 34.1 30.4 29.2 28.8 23.7 21.8 23.8 25.3 31.9 18.0 20.8 22.7 13.4 12.0 16.0
Income Before Tax (204.7) 136.0 672.6 330.4 371.4 738.8 363.8 379.7 342.4 381.7 435.5 456.4 (35.8) 306.0 314.4 (612.3) 301.9 254.6 355.6 327.6 219.1 202.8 273.1 40.3 166.1 136.7 89.1 162.3 143.3 114.4 179.9 145.6 122.3 108.0 134.1 85.3 65.3 30.8 76.2 29.3 95.6 110.3 125.7 95.3 92.3 114.9 114.6 81.6 83.8 109.2 102.8 65.0 86.2 104.2 78.9 8.4 91.0 94.0 107.0 87.0 75.5 82.9 78.8 68.6 71.0 85.0 85.8 67.5 61.2 78.0 94.1 67.5 62.5 61.9 69.5 53.6 53.5 54.3 65.0 53.2 48.6 49.7 49.9 43.8 36.0 39.3 40.3 24.3 26.4 23.8 25.3 20.8 19.3 21.7 23.3 8.2 16.6 18.8 20.8 1.2 9.5 13.7
Income Tax Expense (11.8) (32.6) 199.3 118.3 58.7 140.5 59.9 64.7 19.4 9.3 58.9 172.2 (31.4) 47.4 14.3 52.8 52.2 37.4 50.1 60.8 20.7 18.0 42.8 0.8 15.5 22.4 (16.6) 32.2 24.1 31.0 (6.1) 27.9 24.7 (142.3) 15.7 12.9 12.3 1.6 28.0 (11.9) 22.7 27.3 32.6 25.2 23.0 29.7 30.1 23.3 23.7 29.3 31.1 18.6 23.4 28.8 24.8 (3.2) 25.3 25.8 34.9 24.6 21.0 24.5 25.0 17.9 20.3 23.7 25.5 20.7 18.5 20.8 28.2 26.5 19.3 21.0 23.8 17.7 17.1 17.7 20.9 17.0 16.6 17.0 17.0 12.6 12.7 13.9 14.2 9.1 9.9 8.9 9.5 7.8 7.2 8.1 8.7 3.1 6.4 7.2 8.0 0.5 3.7 5.3
Net Income (1,799.9) 217.5 635.2 241.6 305.7 567.2 315.1 374.8 313.3 361.3 361.8 274.1 (11.0) 249.3 290.5 (673.0) 244.7 208.5 296.7 263.6 196.7 182.6 221.0 37.3 143.6 102.8 95.0 120.5 112.3 75.2 176.4 109.1 91.4 242.0 110.7 66.9 48.8 49.5 85.1 37.2 69.1 78.8 86.6 65.3 62.6 74.8 75.4 51.6 55.1 73.9 64.6 40.8 58.5 70.2 46.7 5.1 57.9 61.2 64.0 58.6 47.8 53.5 49.4 34.2 48.5 62.8 57.8 37.6 (106.8) 48.9 57.5 40.8 40.1 38.3 43.6 33.2 34.3 34.0 41.5 34.1 30.1 30.6 30.7 23.5 21.6 23.6 24.2 15.2 16.5 14.9 15.8 13.0 12.1 13.6 14.6 (11.0) 10.3 11.6 12.9 0.8 5.8 8.4
Per Share Data
EPS (Basic) -7.51 0.91 2.65 0.99 1.24 2.26 1.24 1.47 1.22 1.39 1.39 1.05 -0.04 0.94 1.06 -2.42 0.87 0.72 1.02 0.89 0.66 0.61 0.74 0.12 0.48 0.34 0.54 0.77 0.71 0.48 1.12 0.69 0.57 1.52 0.72 0.44 0.32 0.32 0.55 0.27 0.53 0.61 0.66 0.50 0.47 0.55 0.56 0.37 0.39 0.51 0.44 0.27 0.38 0.45 0.30 0.49 0.37 0.39 0.40 0.37 0.30 0.34 0.31 0.21 0.30 0.39 0.36 0.23 -0.66 0.31 0.36 0.26 0.26 0.24 0.27 0.21 0.22 0.21 0.26 0.22 0.19 0.20 0.10 0.15 0.07 0.08 0.16 0.10 0.11 0.10 0.11 0.09 0.08 0.09 0.10 -0.07 0.07 0.08 0.09 0.01 0.06 0.08
EPS (Diluted) -7.49 0.91 2.64 0.99 1.24 2.25 1.24 1.47 1.22 1.38 1.39 1.05 -0.04 0.94 1.05 -2.42 0.87 0.72 1.01 0.89 0.66 0.61 0.74 0.12 0.48 0.34 0.54 0.77 0.71 0.47 1.11 0.68 0.57 1.51 0.71 0.44 0.32 0.32 0.55 0.26 0.53 0.60 0.66 0.50 0.46 0.55 0.55 0.36 0.38 0.51 0.44 0.27 0.38 0.45 0.30 0.49 0.37 0.39 0.40 0.36 0.30 0.34 0.31 0.21 0.30 0.38 0.36 0.23 -0.66 0.30 0.36 0.25 0.25 0.24 0.27 0.20 0.21 0.21 0.26 0.21 0.18 0.19 0.10 0.15 0.07 0.07 0.16 0.10 0.11 0.10 0.10 0.09 0.08 0.09 0.10 -0.07 0.07 0.08 0.09 0.01 0.06 0.08
Shares Outstanding 239.8 239.8 239.8 244.1 246.7 251.1 254.4 254.7 256.9 260.4 260.2 260.8 263.1 265.6 275.0 278.2 282.1 287.9 291.5 294.9 296.4 299.1 299.3 299.1 299.4 300.5 177.0 156.8 157.5 158.2 158.2 159.0 159.3 159.1 154.6 152.5 152.3 153.2 153.9 140.0 129.3 129.5 130.3 131.5 133.8 134.8 136.3 141.4 145.2 144.3 147.5 152.1 155.5 157.3 157.2 157.1 156.8 156.7 160.2 159.9 159.8 159.4 159.2 162.6 163.1 162.5 161.1 160.7 160.7 160.5 159.7 159.3 158.4 158.1 161.4 161.0 159.5 161.9 159.7 158.2 158.5 157.0 156.6 155.0 152.9 153.6 153.6 150.2 150.0 148.7 147.2 147.5 146.6 146.4 146.1 146.4 146.8 145.5 147.1 110.0 105.9 105.2
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4
Current Assets
Cash & Cash Equivalents 5,861.3 8,336.4 2,603.0 2,611.7 2,896.0 2,538.4 2,941.9 2,097.2 2,167.6 2,088.9 1,941.8 1,919.6 2,001.7 1,997.6 1,993.8 1,933.3 2,045.3 1,979.3 2,347.7 1,799.5 2,082.4 1,945.9 2,220.8 1,825.6 1,800.1 1,678.3 2,127.6 1,047.7 1,277.6 1,210.9 990.6 1,099.5 1,005.8 1,335.9 1,186.0 1,080.6 1,261.8 995.8 977.8 1,044.7 825.5 988.5 803.3 650.7 610.1 644.5 595.9 581.9 1,013.6 581.9 725.9 680.5 683.0 998.3 841.3 781.3 735.7 770.9 724.0 1,354.3 663.7 578.2 769.9 589.6 1,090.8 1,072.3 426.9 387.6 356.2 287.7 456.1 388.5 363.4 270.5 308.9 292.1 249.2 168.6 218.5 213.1 131.7 35.5 49.0 58.2 31.3 23.3 34.5 85.9 79.8 96.1 38.0 29.4 38.0 17.3 19.2 17.5 26.9 0.7 6.1 0.6 6.1
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 4,769.0 784.2 878.2 864.4 1,112.3 1,081.7 1,150.8 1,134.3 1,054.2 1,120.1 1,077.9 1,159.3 1,067.2 998.3 998.2 989.2 973.0 946.2 904.1 878.4 824.8 794.2 822.0 788.7 799.8 895.2 868.1 394.6 381.6 348.4 321.7 317.2 288.1 301.9 296.4 288.2 272.0 275.0 294.6 288.4 180.4 210.7 215.1 202.9 171.5 197.6 207.4 215.4 175.7 215.4 189.7 190.6 167.2 184.2 181.0 184.0 157.2 163.7 178.5 167.5 150.3 151.7 132.5 122.6 132.5 126.6 123.4 105.8 111.3 140.7 101.5 85.5 87.8 91.7 79.8 71.8 75.3 77.7 68.4 64.9 63.1 68.1 55.9 83.9 158.2 160.0 48.2 128.2 46.0 45.6 113.6 58.5 113.6 49.2 48.1 49.8 82.0 132.9 116.4 57.5 116.4
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5.2 5.6 8.0 5.7 6.6 7.3 6.6 6.7 11.1 11.3 14.1 12.8 9.9 12.4 11.8 10.5 7.6 7.7 6.7 9.7 12.1 12.9 13.3 5.9 6.4 5.3 6.6 3.8 5.1 6.3 4.1 3.4 4.5 5.5 4.2 3.3 2.7 2.7 2.2 2.6 2.7 3.3 3.2 3.1 3.8 1.4 1.1 1.3 1.9 1.3 2.6 2.6 2.8 2.9 2.9 3.2 3.1 3.2
Other Current Assets 1,043.9 3,482.1 3,313.8 4,276.9 2,730.2 2,416.5 3,808.3 5,318.9 6,448.1 4,864.8 3,760.6 2,440.3 1,738.8 3,318.2 1,834.6 1,610.1 1,450.4 1,143.5 1,912.4 1,548.7 1,397.0 1,230.9 1,385.3 1,314.8 1,046.3 1,353.8 1,556.3 2,844.3 2,775.4 1,600.2 2,894.2 2,033.9 2,650.1 2,459.3 1,847.2 999.9 751.5 1,117.7 1,105.5 1,336.3 1,000.7 1,403.9 1,670.4 2,389.6 756.9 1,135.1 1,154.4 793.9 289.7 793.9 617.9 265.7 214.8 244.1 262.1 240.0 183.5 209.5 291.6 283.3 85.2 47.4 16.5 155.1 134.6 15.0 10.5 7.5 9.4 23.7 28.4 20.1 23.2 31.1 38.1 27.6 32.7 41.6 43.3 28.4 18.8 54.6 69.7 7.2 10.6 10.0 135.1 4.7 4.7 5.1 5.1 6.3 5.1 6.3 6.3 5.1 5.1 5.1 5.1 0.3 5.1
Total Current Assets 11,674.2 12,602.7 7,206.9 7,753.0 6,738.6 6,036.7 7,901.1 8,550.3 9,669.9 8,073.8 6,780.3 5,519.1 5,595.1 6,314.1 5,453.4 5,217.0 5,152.4 4,711.0 5,792.3 4,899.9 4,878.8 4,592.4 4,968.6 4,351.3 4,069.7 4,366.4 4,992.6 4,547.7 4,669.8 3,376.2 4,414.0 3,658.9 4,157.9 4,303.6 3,550.3 2,516.1 2,399.2 2,575.0 2,584.8 2,851.3 2,065.1 2,655.8 2,747.0 3,289.9 1,593.2 2,025.3 2,006.7 1,643.4 1,533.3 1,643.4 1,590.1 1,214.5 1,146.9 1,489.9 1,336.9 1,248.7 1,126.5 1,190.4 1,237.6 1,848.0 928.7 805.3 968.3 901.3 1,391.1 1,252.6 595.2 530.4 507.0 484.7 617.4 528.8 510.0 424.1 444.4 415.4 376.9 312.8 348.4 318.1 227.0 171.3 190.0 165.6 216.9 209.2 233.1 233.8 143.6 152.4 162.1 100.0 162.1 79.8 79.5 80.1 120.0 144.6 136.5 66.0 136.5
Non-Current Assets
Property, Plant & Equipment 2,012.2 1,501.8 1,440.4 1,414.2 2,352.7 2,277.6 2,334.6 2,309.3 2,200.4 2,190.0 2,118.0 2,084.2 2,023.5 1,838.8 1,759.2 1,689.3 1,716.3 1,687.6 1,667.3 1,642.3 1,580.7 1,578.5 1,526.2 1,477.6 1,441.9 1,382.8 1,423.3 712.4 674.2 653.5 641.0 615.8 599.8 588.3 577.2 537.9 552.0 520.7 512.1 493.7 366.4 367.5 368.8 374.1 355.9 362.8 363.4 369.8 364.7 369.8 355.4 348.1 341.6 338.2 324.0 305.8 288.4 258.0 255.7 256.3 219.9 202.9 183.9 178.5 174.7 182.2 176.2 141.4 145.7 153.5 141.4 134.7 134.2 122.6 118.5 113.5 112.7 109.4 108.0 102.7 102.9 109.0 104.2 107.5 99.1 99.5 97.5 92.4 62.7 50.3 51.8 50.5 51.8 53.9 53.6 52.8 49.0 45.0 44.3 24.1 44.3
Goodwill 27,082.6 17,076.6 16,725.1 16,742.4 26,417.2 26,286.3 26,959.6 26,860.5 26,728.0 26,743.5 26,517.8 26,491.2 26,850.7 23,320.7 23,421.0 23,496.5 24,793.8 24,813.3 24,344.3 24,422.0 23,853.8 23,871.5 23,745.3 23,679.9 23,662.4 23,759.7 23,754.5 6,345.6 6,346.0 6,341.4 6,130.9 5,671.9 5,714.9 5,704.0 5,616.4 4,890.0 4,859.4 4,823.8 4,849.0 4,829.4 1,556.9 1,577.5 1,603.6 1,491.8 1,422.9 1,483.6 1,324.4 1,337.3 1,064.9 1,337.3 1,047.6 1,044.2 1,051.6 1,059.5 740.9 724.7 761.0 741.1 775.5 779.6 590.9 582.3 569.1 577.2 599.9 626.2 625.1 536.0 696.2 762.5 497.1 472.5 471.9 454.5 451.2 442.4 443.9 434.2 387.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 20,175.8 4,231.2 4,286.1 4,380.5 8,668.0 8,931.9 9,318.5 9,607.3 9,797.0 10,168.0 10,259.1 10,742.0 10,587.9 9,658.4 9,907.9 10,272.7 11,292.2 11,633.7 11,529.8 11,815.1 11,698.9 12,015.9 12,251.7 12,538.6 12,814.8 13,154.7 13,184.4 2,308.3 2,405.3 2,488.6 2,279.0 1,997.4 2,096.3 2,181.7 2,328.7 1,927.2 1,997.4 2,115.8 2,212.0 2,264.7 645.5 665.7 686.9 560.1 516.1 543.0 511.3 535.2 364.5 535.2 387.2 400.8 413.0 416.2 284.6 290.2 318.8 299.7 327.0 341.5 198.7 202.9 205.1 210.3 225.2 251.1 258.1 225.2 252.0 285.6 175.6 176.6 176.0 173.2 175.6 174.6 179.4 182.2 167.2 550.5 549.6 550.5 547.8 551.9 543.8 528.2 524.7 515.2 492.5 296.2 299.1 285.5 299.1 290.3 293.0 321.0 323.6 274.4 277.4 166.5 277.4
Long-Term Investments 829.4 816.8 804.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,139.8 16,938.0 17,403.5 18,130.9 3,334.0 3,251.6 3,391.4 3,344.6 3,299.2 3,283.1 3,173.0 3,202.3 3,523.3 3,639.0 3,371.6 3,469.8 2,457.8 2,422.0 2,412.3 2,362.3 2,237.3 2,135.7 2,051.1 1,947.7 1,854.1 1,810.2 1,844.9 663.2 647.1 362.9 365.1 345.8 323.0 207.3 192.2 149.3 135.9 57.4 59.0 48.1 40.6 35.4 36.3 32.8 36.8 31.8 32.8 31.1 25.2 31.1 22.6 22.3 29.6 26.9 22.5 21.4 23.6 28.6 20.4 21.0 22.3 21.6 227.6 22.5 23.2 25.3 22.2 11.6 12.5 13.4 14.3 13.2 10.6 11.0 10.8 13.1 7.9 12.4 7.8 10.6 10.6 10.8 11.6 6.1 6.1 6.6 7.5 10.5 12.7 5.1 5.1 5.5 5.1 5.3 5.3 5.4 0.5 0.5 0.4 5.4 0.4
Total Non-Current Assets 52,580.6 40,735.8 40,755.5 40,765.5 40,877.5 40,853.6 42,084.8 42,201.8 42,104.8 42,496.4 42,144.3 42,631.7 43,043.6 38,494.9 38,485.4 38,958.8 40,282.8 40,568.7 39,962.1 40,249.8 39,378.9 39,609.2 39,581.1 39,650.1 39,779.9 40,113.7 40,219.5 10,036.4 10,079.9 9,854.6 9,425.2 8,640.9 8,745.4 8,694.5 8,731.3 7,520.7 7,560.5 7,538.2 7,653.0 7,658.6 2,634.0 2,672.3 2,725.9 2,489.4 2,425.2 2,516.3 2,332.6 2,375.2 1,922.5 2,375.2 1,909.4 1,910.6 1,929.4 1,938.8 1,468.6 1,439.4 1,490.5 1,423.9 1,477.6 1,502.6 1,127.9 1,103.5 1,071.1 1,078.4 1,118.8 1,178.4 1,081.6 914.2 1,106.4 1,215.0 828.5 797.0 792.7 761.3 756.2 743.5 743.9 738.2 670.3 663.9 663.2 670.4 663.5 665.5 649.0 634.3 629.7 618.1 567.9 351.6 356.0 341.4 356.0 349.4 352.0 379.2 373.1 319.8 322.1 196.1 322.1
Total Assets 64,254.8 53,338.5 47,962.4 48,518.5 47,616.1 46,890.3 49,985.8 50,752.2 51,774.8 50,570.2 48,924.6 48,150.9 48,638.6 44,809.0 43,938.7 44,175.8 45,435.3 45,279.7 45,754.5 45,149.7 44,257.7 44,201.5 44,549.8 44,001.5 43,849.6 44,480.2 45,212.0 14,584.1 14,749.6 13,230.8 13,839.2 12,299.9 12,903.3 12,998.1 12,281.5 10,036.8 9,959.7 10,113.1 10,237.8 10,510.0 4,699.1 5,328.1 5,472.9 5,779.3 4,018.3 4,541.6 4,339.4 4,018.7 3,455.7 4,018.7 3,499.5 3,125.1 3,076.2 3,428.7 2,805.5 2,688.1 2,617.0 2,614.3 2,715.2 3,350.5 2,056.6 1,908.7 2,039.3 1,979.7 2,509.8 2,430.9 1,676.8 1,444.6 1,613.4 1,699.8 1,445.9 1,325.8 1,302.7 1,185.4 1,200.6 1,159.0 1,120.8 1,051.0 1,018.7 982.0 890.1 841.6 853.5 831.2 866.0 843.5 862.8 851.9 711.4 504.0 518.1 441.5 518.1 429.3 431.4 459.3 493.1 464.5 458.6 262.0 458.6
Current Liabilities
Account Payables 3,729.4 278.1 2,452.6 2,009.1 2,706.1 320.1 2,489.3 2,451.7 2,420.1 290.4 2,338.3 2,481.1 2,290.9 229.4 1,991.1 2,127.1 2,340.2 262.0 2,169.4 1,967.9 1,884.1 128.7 1,696.0 1,606.0 1,636.8 1,733.4 1,761.1 1,083.3 1,125.0 1,176.7 1,065.4 1,027.9 1,039.4 47.4 992.4 823.2 824.3 28.2 0 25.2 285.6 309.1 303.5 22.8 257.9 284.8 248.6 13.1 243.2 13.1 224.1 18.5 227.4 244.5 300.3 11.8 213.6 206.4 218.0 20.1 177.9 180.1 15.4 176.4 169.4 173.6 180.0 151.8 138.4 142.2 147.5 117.4 117.4 115.8 115.7 107.0 116.1 95.5 105.7 85.3 79.9 75.8 87.5 79.9 74.7 75.8 81.0 72.5 72.1 57.8 58.8 56.1 58.8 60.4 63.2 52.4 52.5 65.1 47.9 32.4 47.9
Short-Term Debt 2,592.6 2,265.8 1,903.4 2,496.2 1,908.4 1,579.1 2,340.9 2,575.1 2,675.3 1,683.5 790.5 604.7 1,667.7 1,996.6 1,598.8 1,749.3 617.6 666.3 627.5 540.1 523.9 1,289.8 1,270.9 1,272.8 445.7 587.2 669.3 921.9 811.3 815.6 778.6 622.1 555.1 735.5 580.9 404.8 455.4 569.9 0 514.0 276.3 685.2 356.7 654.4 513.3 581.5 683.4 457.8 264.4 457.8 400.7 259.8 239.5 314.8 256.8 291.8 298.2 313.6 405.0 356.5 324.0 222.0 227.4 150.5 119.0 108.0 39.6 29.1 31.6 35.6 1.5 1.1 0.7 0.1 0 0 0.2 0.4 0.7 1.1 1.6 3.3 67.3 99.3 165.0 187.8 213.4 244.9 115.4 0 35.4 0 35.4 8.5 24.6 50.8 91.5 65.9 75.7 61.7 75.7
Deferred Revenue 0 797.7 0 175.7 219.0 1,181.2 240.9 229.0 210.7 229.7 232.2 229.4 223.7 226.3 216.4 211.8 209.9 227.8 218.6 216.3 212.5 217.9 0 0 0 0 0 0 0 0 0 0 0 101.0 0 0 0 69.4 0 274.1 0 0 0 50.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 5,792.8 2,755.6 4,077.1 3,502.4 2,307.4 1,842.6 3,457.8 4,073.6 5,210.0 5,505.8 2,861.7 1,803.3 1,901.1 4,174.8 1,870.4 1,893.7 1,699.5 3,070.6 2,018.8 1,655.3 1,495.6 2,705.1 1,448.3 1,350.5 953.7 1,258.8 1,852.7 2,478.4 2,579.9 1,276.4 2,423.1 1,714.4 2,314.4 2,794.1 1,550.6 870.4 813.1 2,073.5 0 1,311.0 1,161.0 1,256.5 1,699.4 2,091.1 426.4 781.3 634.1 512.5 171.6 667.2 400.9 202.2 201.2 470.7 470.8 253.0 221.2 270.3 162.1 875.6 94.9 105.7 293.5 203.5 755.5 723.8 106.9 70.0 102.6 92.6 56.7 50.5 71.0 26.2 (66.8) 58.0 43.8 36.4 (30.2) 79.6 49.4 47.6 27.9 0 9.8 11.8 25.0 6.9 38.9 9.3 2.6 9.6 2.6 9.9 9.2 7.2 13.0 7.8 8.8 4.7 8.8
Total Current Liabilities 14,747.0 7,456.8 8,433.0 8,183.4 7,140.9 6,252.7 8,528.9 9,329.4 10,516.0 8,125.7 6,222.7 5,118.4 6,083.4 6,898.7 5,676.7 5,981.8 4,867.2 4,463.0 5,034.3 4,379.6 4,116.2 4,549.1 4,415.3 4,229.3 3,036.3 3,579.3 4,283.2 4,483.6 4,516.2 3,268.6 4,267.1 3,364.4 3,908.9 3,815.6 3,123.9 2,098.5 2,092.9 2,209.9 2,232.2 2,430.7 1,748.1 2,267.6 2,390.2 3,015.2 1,242.7 1,676.1 1,579.5 1,211.6 688.0 1,211.6 1,044.8 704.1 673.8 1,037.5 1,045.9 837.3 752.4 807.4 802.4 1,444.4 606.0 508.0 672.5 542.7 1,052.0 1,029.8 336.2 264.7 272.6 270.4 217.8 169.1 189.1 142.1 142.9 165.0 160.0 132.3 149.7 166.0 130.9 126.8 182.8 179.2 249.4 275.4 319.4 324.2 226.4 68.3 96.8 67.4 96.8 81.3 97.0 110.4 157.0 138.8 132.5 98.8 132.5
Non-Current Liabilities
Long-Term Debt 20,984.5 19,541.5 13,322.8 14,151.0 15,014.4 15,164.7 15,215.8 15,611.9 15,565.7 15,692.3 16,570.8 16,975.4 16,534.1 12,289.2 12,289.8 10,883.7 11,723.8 11,414.8 10,709.8 10,217.0 9,627.1 8,466.4 8,437.0 8,440.3 9,636.1 9,090.4 8,987.7 5,000.6 5,170.4 5,015.2 4,707.5 4,255.1 4,176.9 4,559.4 4,677.9 4,175.4 4,221.3 4,316.4 4,289.7 4,379.7 1,787.7 1,915.8 1,932.0 1,678.3 1,546 1,554.1 1,388.8 1,376.0 1,252.1 1,376.0 1,000.4 891.1 883.5 778.0 285.5 236.6 177.8 203.2 285.8 268.2 202.6 238.2 273.0 307.3 342.0 374.4 167.6 165 170 175 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.8 7.5 12.0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 2,733.8 1,605.5 1,690.4 1,702.3 1,770.2 1,833.0 1,948.6 2,010.6 2,062.9 2,242.1 2,300.2 2,447.9 2,434.2 2,428.4 2,439.7 2,626.1 2,726.0 2,793.4 2,831.3 2,873.7 2,895.4 2,948.4 2,966.0 2,972.1 3,024.4 3,145.6 3,352.7 556.1 569.2 585.0 516.4 443.9 452.5 436.9 632.6 617.3 636.9 695.3 724.0 744.9 195.4 202.6 216.8 202.9 201.7 200.8 209.9 209.1 165.7 209.1 173.6 170.7 162.4 167.4 124.1 106.6 120.7 115.2 122.1 116.4 95.4 89.9 88.3 59.1 62.1 76.7 76.4 54.8 57.1 70.8 75.0 72.3 76.5 69.4 70.8 59.4 62.8 65.7 68.8 69.7 64.0 63.1 58.9 61.9 55.3 46.8 46.8 43.8 40.7 19.3 19.3 1.8 19.3 1.8 1.8 7.2 7.2 7.2 7.2 7.1 7.2
Other Non-Current Liabilities 1,115.0 955.1 1,018.3 1,060.3 666.1 623.3 672.9 639.2 644.0 722.5 672.9 693.7 704.1 652.5 659.6 707.7 723.5 739.0 824.7 829.2 776.9 750.6 767.7 726.7 632.4 609.8 632.7 368.7 351.4 175.6 172.7 220.5 225.3 221.0 152.1 141.0 132.4 89.8 86.7 77.2 15.2 15.9 16.7 19.4 86.3 88.2 90.7 89.1 86.3 89.1 76.0 72.5 71.3 71.1 67.0 62.3 56.8 54.8 52.7 49.8 154.1 140.5 31.4 125.4 121.7 119.5 418.4 45.0 12.0 14.8 26.3 10.2 17.7 15.7 14.3 16.0 15.9 16.8 17.0 15.9 16.3 16.4 16.4 17.2 16.6 15.9 14.5 9.3 9.4 9.2 9.1 6.9 9.1 6.4 6.4 6.9 6.9 6.9 7.0 4.2 7.0
Total Non-Current Liabilities 24,833.3 22,102.2 16,031.6 16,913.5 17,450.7 17,621.0 17,837.4 18,261.8 18,272.6 18,656.9 19,543.9 20,117.0 19,672.4 15,370.1 15,389.1 14,217.5 15,173.3 14,947.3 14,365.8 13,919.9 13,299.4 12,165.4 12,170.7 12,139.1 13,292.9 12,845.8 12,973.2 5,925.4 6,090.9 5,775.8 5,396.6 4,919.5 4,854.6 5,217.2 5,462.7 4,933.7 4,990.6 5,101.4 5,100.4 5,201.8 1,998.2 2,134.4 2,165.5 1,900.6 1,834.0 1,843.2 1,689.3 1,674.2 1,504.0 1,674.2 1,250.0 1,134.3 1,117.2 1,016.5 476.5 405.5 355.4 373.2 460.6 434.5 452.1 468.6 392.7 491.8 525.8 570.5 662.4 264.8 239.1 260.5 101.3 82.4 94.2 85.1 85.0 75.3 78.7 82.5 85.8 85.6 80.4 79.9 76.0 80.2 73.3 66.2 70.9 67.5 52.8 31.5 31.7 12.3 31.7 12.4 12.9 19.5 16.0 15.5 16.2 13.6 16.2
Total Liabilities 39,580.3 29,559.0 24,464.6 25,096.9 24,591.5 23,873.7 26,366.2 27,591.1 28,788.6 26,782.7 25,766.7 25,235.4 25,755.8 22,268.8 21,065.8 20,199.3 20,040.5 19,410.3 19,400.1 18,299.5 17,415.5 16,714.5 16,585.9 16,368.5 16,329.2 16,425.2 17,256.3 10,409.0 10,607.2 9,044.4 9,663.7 8,283.9 8,763.5 9,032.8 8,586.6 7,032.1 7,083.4 7,311.3 7,332.6 7,632.5 3,746.4 4,402.0 4,555.8 4,915.7 3,076.7 3,519.4 3,268.8 2,885.9 2,192.0 2,885.9 2,294.8 1,838.4 1,791.0 2,053.9 1,522.5 1,242.8 1,107.8 1,180.6 1,263.0 1,878.9 1,058.1 976.6 1,065.1 1,034.5 1,577.8 1,600.2 998.6 529.5 511.7 530.9 319.1 251.5 283.3 227.1 227.9 240.3 238.8 214.8 235.5 251.6 211.2 206.6 258.8 259.4 322.7 341.5 390.2 391.7 279.3 99.8 128.5 79.7 128.5 93.6 109.9 129.8 173.0 154.4 148.7 112.4 148.7
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 133.6 0
Retained Earnings 4,068.2 5,936.3 5,777.9 5,200.6 5,019.3 4,774.7 4,269.9 4,018.2 3,706.9 3,457.2 3,160.7 2,863.9 2,654.6 2,731.4 2,547.9 2,326.3 3,068.7 2,982.1 2,845.2 2,664.7 2,500.8 2,570.9 2,477.0 2,314.4 2,335.4 2,333.0 2,297.9 2,204.4 2,111.8 2,066.4 1,994.0 1,819.2 1,738.5 1,597.9 1,357.5 1,255.6 1,192.5 1,146.8 1,099.0 1,015.8 981.0 918.0 861.2 795.2 862.0 853.0 822.5 816.0 940.5 816.0 917.5 958.8 946.2 958.0 889.4 843.5 842.5 790.5 736.9 685.6 636.6 592.4 544.8 513.1 467.5 404.9 273.1 616.7 725.1 677.8 621.9 582.7 544.2 507.5 466.4 434.9 402.2 369.8 329.9 297.4 268.9 239.9 210.7 188.8 168.7 146.7 124.0 110.3 95.3 81.9 67.6 56.1 67.6 33.3 20.2 32.6 23.8 13.6 2.2 1.5 2.2
Accumulated Other Comprehensive Income (195.3) (126.2) (142.7) (104.0) (449.6) (613.0) (269.3) (392.3) (297.4) (258.9) (470.9) (378.4) (410.8) (406.0) (604.5) (371.2) (247.2) (234.2) (243.0) (172.7) (212.4) (202.3) (351.9) (459.1) (539.8) (310.6) (428.1) (339.9) (312.6) (310.2) (270.5) (243.6) (177.0) (183.1) (202.5) (243.5) (287.8) (309.7) (265.5) (246.1) (277.3) (245.2) (212.7) (186.0) (184.2) (102.7) (19.4) (1.8) (5.7) (1.8) (17.4) (15.1) (6.8) 18.4 1.5 (30) 33.3 12.9 70.3 79.3 (4.5) (20.4) (44.3) (20.4) 0 0 (10.9) (103.7) (54.6) 60.9 124.2 101.1 90.7 66.8 61.2 45.8 50.8 51.5 51.0 37.4 33.1 30.3 20.2 25.2 28.8 17.9 11.1 13.9 13.1 11.1 12.1 (2.0) 12.1 (4.3) (3.9) (4.7) (4.8) (3.8) (3.4) (4.4) (3.4)
Total Stockholders' Equity 23,792.4 22,888.8 22,668.1 22,593.1 22,248.3 22,280.7 22,811.4 22,387.4 22,215.8 22,999.2 22,441.5 22,171.5 22,083.3 22,303.5 22,660.6 23,755.7 25,159.6 25,628.2 26,147.0 26,693.8 26,691.8 27,332.4 27,745.7 27,425.9 27,320.8 27,855.7 27,774.6 3,990.6 3,950.8 3,991.4 3,974.3 3,830.4 3,951.6 3,794.5 3,531.3 2,851.0 2,730.9 2,655.6 2,746.7 2,746.5 840.1 805.2 786.7 758.0 825.1 894.7 942.3 997.2 1,130.1 997.2 1,067.0 1,146.1 1,147.1 1,234.0 1,149.0 1,172.2 1,230.0 1,146.4 1,157.7 1,184.5 988.5 921.9 861.3 935.0 921.4 819.8 667.4 915.1 1,066.5 1,126.7 1,126.8 1,058.2 1,003.8 943.6 957.8 902.7 866.3 820.9 770.2 717.5 665.4 619.3 578.4 555.4 526.1 484.5 449.4 428.3 409.9 381.3 366.4 338.0 366.4 310.8 296.3 303.7 293.7 284.4 271.0 130.6 271.0
Total Liabilities & Equity 64,254.8 53,338.5 47,962.4 48,518.5 47,616.1 46,890.3 49,985.8 50,752.2 51,774.8 50,570.2 48,924.6 48,150.9 48,638.6 44,809.0 43,938.7 44,175.8 45,435.3 45,279.7 45,754.5 45,149.7 44,257.7 44,201.5 44,549.8 44,001.5 43,849.6 44,480.2 45,212.0 14,584.1 14,749.6 13,230.8 13,839.2 12,299.9 12,903.3 12,998.1 12,281.5 10,036.8 9,959.7 10,113.1 10,237.8 10,510.0 4,699.1 5,328.1 5,472.9 5,779.3 4,018.3 4,541.6 4,339.4 4,018.7 3,455.7 4,018.7 3,499.5 3,125.1 3,076.2 3,428.7 2,805.5 2,688.1 2,617.0 2,614.3 2,715.2 3,350.5 2,056.6 1,908.7 2,039.3 1,979.7 2,509.8 2,430.9 1,676.8 1,444.6 1,613.4 1,699.8 1,445.9 1,325.8 1,302.7 1,185.4 1,200.6 1,159.0 1,120.8 1,051.0 1,018.7 982.0 890.1 841.6 853.5 831.2 866.0 843.5 862.8 851.9 711.4 504.0 518.1 441.5 518.1 429.3 431.4 459.3 493.1 464.5 458.6 262.0 458.6
Debt Metrics
Total Debt 23,577.1 21,865.4 15,226.2 16,647.2 16,922.8 16,815.4 17,556.8 18,187.0 18,241.0 17,375.8 17,361.3 17,580.0 18,201.8 14,285.9 13,888.6 12,633.0 12,341.4 12,081.1 11,337.3 10,757.1 10,150.9 9,756.2 9,707.8 9,713.1 10,081.8 9,677.5 9,568.7 5,887.9 5,945.3 5,830.7 5,486.1 4,877.2 4,731.9 5,294.9 5,258.8 4,580.2 4,676.7 4,961.4 4,803.8 4,893.7 2,064.0 2,601.0 2,288.7 2,332.7 2,055.3 2,131.7 2,072.2 1,833.8 1,516.5 1,833.8 1,401.1 1,150.9 1,122.9 1,092.8 542.3 528.4 476.1 516.9 690.7 624.8 526.6 460.3 500.3 457.8 460.9 482.4 207.2 194.1 201.6 210.6 1.5 1.1 0.7 0.1 0 0 0.2 0.4 0.7 1.1 1.7 3.7 68.1 100.4 166.4 191.3 223.0 259.2 118.0 4.2 38.6 5.3 38.6 15.1 29.3 56.1 93.3 67.3 77.7 64.0 77.7
Net Debt 17,715.8 13,529.0 12,623.2 14,035.5 14,026.8 14,277.0 14,614.8 16,089.8 16,073.3 15,286.9 15,419.6 15,660.4 16,200.1 12,288.3 11,894.7 10,699.7 10,296.1 10,101.8 8,989.6 8,957.6 8,068.5 7,810.3 7,487.0 7,887.4 8,281.7 7,999.3 7,441.1 4,840.1 4,667.7 4,619.9 4,495.5 3,777.7 3,726.1 3,959.0 4,072.8 3,499.6 3,414.8 3,965.6 3,826.0 3,849.0 1,238.5 1,612.5 1,485.4 1,682.0 1,445.2 1,487.3 1,476.3 1,251.9 502.9 1,251.9 675.2 470.5 440.0 94.6 (299.1) (252.9) (259.7) (254) (33.2) (729.5) (137.1) (117.9) (269.6) (131.8) (629.9) (590.0) (219.8) (193.5) (154.7) (77.1) (454.5) (387.3) (362.7) (270.4) (308.9) (292.1) (249.0) (168.1) (217.7) (212.0) (130.0) (31.7) 19.1 42.2 135.1 168.0 188.5 173.3 38.3 (92.0) 0.6 (24.0) 0.6 (2.2) 10.1 38.6 66.4 66.7 71.6 63.4 71.6
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 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1
Operating Activities
Net Income (213.7) 149.5 660.6 246.1 312.8 598.3 333.5 389.3 323.1 372.4 376.6 284.2 (4.4) 258.6 300.2 (665.1) 249.6 217.2 305.5 266.8 198.4 184.8 230.2 39.4 150.6 114.3 105.7 130.0 119.2 83.3 186.0 117.7 97.6 250.3 118.4 72.4 53.0 52.6 92.5 41.2 72.9 83.1 93.0 70.1 69.3 85.3 84.4 58.3 60.1 79.9 71.7 46.4 62.8 75.4 54.2 11.6 65.7 68.1 72.1 62.4 54.1 57.9 53.8 39.0 51.5 66.2 62.4 37.6 (98.7) 60.2 65.8 40.8 40.1 38.3 43.6 33.2 34.3 34.0 41.5 34.1 30.1 30.6 30.7 23.5 21.6 23.6 24.2 15.2 16.5 14.9 15.8 13.0 12.1 13.6 14.6 (11.0) 10.3 11.6 12.9 0.8 5.8
Depreciation & Amortization 864.8 370.2 303.2 324.1 452.1 456.7 474.6 470.0 461.1 448.6 458.6 462.2 407.2 400.7 405.5 427.6 428.7 425.2 418.6 422.0 425.6 407.0 406.9 402.7 397.8 400.8 183.7 145.1 148.6 153.4 124.1 123.6 121.7 121.2 113.6 107.3 109.0 108.7 103.2 71.2 39.2 38.7 38.8 34.7 33.6 34.6 34.6 34.9 29.8 29.0 28.4 28.8 30.9 28.2 23.9 25.6 25.3 24.0 24.2 25.7 21.8 18.0 16.7 18.2 16.7 16.8 16.9 15.9 15.3 18.3 16.8 11.8 11.2 10.7 10.2 10.0 10.3 10.3 9.8 9.8 10.3 10.0 10.4 11.9 11.3 11.4 10.7 10.4 9.6 8.0 7.5 7.8 8.4 8.0 7.9 7.7 7.4 7.4 7.0 7.0 4.9
Stock-Based Compensation 0 0 35.3 39.8 39.7 29.9 51.0 43.2 40.1 35.7 36.6 47.1 89.6 40.8 37.1 47.0 38.4 34.7 65.6 43.3 37.2 43.7 42.3 35.0 27.8 33.8 27.9 16.5 11.4 12.9 14.8 15.2 14.9 8.3 9.6 12.3 8.8 8.7 7.6 10.3 7 7.0 6.5 6.2 5.7 5.1 4.1 12.5 5.3 7.2 4.8 4.4 4.9 5.0 4.2 3.6 4.4 4.4 4.0 4.1 4.1 4.2 3.5 6.2 4.4 4.4 3.0 3.6 3.8 3.9 3.3 2.4 12.4 3.2 2.0 2.2 2.4 3.8 2.7 0 0 0 4.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 1,578.8 (175.0) 250.4 (18.0) (232.4) (150.2) 658.5 (66.1) (228.5) (187.5) (415.1) (11.5) (49.1) (61.3) (403.4) (197.2) (76.5) (1.4) 126.1 (244.6) (48.3) 136.2 (90.5) 27.1 (162.3) (570.8) 804.9 (308.8) (81.3) 157.6 (180.6) (53.4) 31.9 (61.3) (178.7) (234.3) 115.4 (131.9) (4.1) (419.0) 306.2 (195.3) 365.9 (107.6) (6.9) 166.7 (193.8) (227.0) (196.8) 316.0 (137.2) (53.4) (19.1) (76.8) (29.0) 36.1 (13.0) 191.4 (721.2) (136.3) 707.9 (38.4) (186.5) 44.0 (543.3) (1.2) 605.9 30.6 (3.9) 44.0 (24.4) 18.6 (21.7) 47.1 (25.7) (36.3) (0.2) 38.9 (41.2) (43.0) 31.9 39.6 2.4 (3.7) 75.0 (2.5) (8.3) (12.0) (16.5) (13.3) 14.4 (62.7) (25.1) 8.7 (6.9) 5.1 24.9 47.9 (4.8) 8.0 12.1
Other Non-Cash Items (1,483.0) 336.3 (468.8) 59.2 53.6 (186.6) 89.9 45.5 45.7 80.5 60.2 (59.4) 316.3 104.9 98.4 1,055.0 70.7 130.6 47.1 57.4 42.9 45.4 17.5 68.0 70.5 129.0 16.2 35.5 37.6 34.3 11.9 23.0 17.5 33.4 41.6 35.6 27.1 31.6 (22.7) 18.1 4.9 7.9 5.6 6.6 4.0 3.5 3.6 5.9 7.3 2.6 3.3 3.8 3.2 4.7 5.1 1.8 4.9 5.7 7.3 5.1 6.0 2.0 4.6 16.3 6.6 22.2 6.6 17.7 155.7 6.8 5.3 14.7 7.4 15.2 11.1 10.3 10.6 14.4 13.5 7.9 9.2 9.7 10.4 9.5 3.3 2.2 3.8 9.7 4.2 4.5 3.1 23.1 3.5 4.2 4.0 31.6 1.7 (0.4) 1.0 12.8 (2.3)
Operating Cash Flow (288.8) 515.2 768.7 817.5 555.1 653.4 1,540.8 808.8 529.6 657.5 426.8 565.0 599.5 709.5 336.4 568.1 630 753.2 918.0 510.2 599.4 769.4 584.5 523.7 436.6 41.9 1,102.0 17.6 229.7 445.1 154.2 222.2 284.5 152.3 92.1 (25.9) 294.0 37.9 155.7 (293.0) 423.9 (59.3) 513.4 77.6 120.1 290.4 (63.5) (120.3) (97.3) 434.9 (23.2) 35.8 80.0 56.2 68.6 53.4 87.2 291.8 (605.9) (23.5) 794.2 43.5 (104.4) 147.6 (467.0) 88.7 696.5 114.2 68.3 132.7 67.8 88.5 34.5 111.2 38.1 27.2 49.7 91.9 22.4 6.7 85.1 88.9 54.1 41.5 122.9 34.7 30.4 23.4 13.8 14.1 40.9 (18.8) (1.2) 34.4 19.6 33.5 44.3 66.5 16.1 23.7 20.4
Investing Activities
Capital Expenditure (261.3) (168.2) (169.8) (152.2) (127.6) (184.0) (166.3) (179.2) (145.4) (157.3) (169.8) (168.8) (162.2) (152.3) (139.3) (167.9) (156.1) (142.5) (131.2) (133.4) (86.2) (106.8) (121.0) (103.6) (104.8) (106.9) (67.7) (78.2) (55.1) (57.2) (53.4) (58.9) (43.8) (45.3) (46.7) (43.7) (46.2) (41.9) (41.4) (34.0) (21.3) (19.4) (16.9) (35.8) (23.5) (15.1) (18.2) (20.1) (20.1) (20.9) (20.3) (23.6) (20.6) (25.2) (29.2) (38.8) (35.9) (23.0) (12.2) (21.4) (25.4) (26.9) (24.8) (19.5) (15.8) (9.6) (11.1) (15.5) (8.1) (9.7) (7.7) (1.0) (9.0) (13.3) (9.6) (12.1) (8.0) (8.3) (6.9) (7.2) (5.3) (7.3) (5.2) (6.7) (12.8) (6.0) (8.8) (9.5) (5.4) (6.5) (3.1) (5.2) (2.9) (4.6) (5.2) (6.3) (3.2) (8.0) (4.8) (7.7) (1.3)
Acquisitions (1,389.2) (103.1) 4.0 (155.9) (49.9) 849.2 (1.1) (370.1) (2.6) (125.5) 1.6 424.1 (4,046.8) (40.7) (15.0) (35.0) (4.7) (865.1) (3.3) (932.0) (11.1) (83.6) (3.1) (6.9) (67.2) (310.2) (256.1) (3.4) (74.8) (490.6) (769.1) 0 0 0.3 (563.0) (0.7) (34.6) (0.7) (34.6) (1,793.7) (0.0) (0.4) (241.5) (126.3) (9.2) (218.9) (4.8) (424.0) (0.2) (2.3) 0 (0.6) (23.7) (409.5) (0.2) (0.0) (37.2) (7) 0 (0.8) (164.3) (2.9) (2.5) 47.8 0 (16.8) (0.2) (70.9) (0.0) (12.1) (442.1) 0 (0.5) (8.9) (2.6) (1.0) (0.7) (12.3) (67.2) (1.5) (1.8) (1.1) (0.5) (0.3) (18.2) (4.5) (7.8) (27.3) (33.5) 0 0 0 (0.2) (0.8) (0.2) 1.1 (0.2) (55.2) (5.8) (20.6) (0.1)
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0.7 3.9 0 4.4 0.9 0 0 0 42.1 0 0 0 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 37.7 0 0 0 0 0 0.1 0 10.5 0.1 0.4 2.1 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0 0.3 0.1 (0.2) 1.2 5.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 7,366.7 4.4 718.4 4.4 0 6.6 18.1 0.0 0 (0.7) 50.0 (50.0) 2.2 2.4 31.1 0.0 0.0 9.6 0.5 0.4 0.3 147.1 (0.6) 9.8 2.3 6.3 15.9 (0.5) 13.7 (0.9) (0.9) 0.1 (1.6) 19.1 (13.8) 3.7 (0.4) 0 0 0 0 0 0 0 0 0 0.2 0.7 0.7 0.7 0.7 1.9 0.7 0.7 0.7 1.9 0.7 0.6 0.6 0.5 0.5 0.5 0.5 0.5 (0.1) (0.5) 0 0 0 0 0 (18.2) 12.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (61.5) 0 0 0 0 0 0 (5) 0 0 0 0
Investing Cash Flow 5,716.1 (266.2) 556.4 (303.7) (173.1) 672.7 (149.3) (549.3) (148.0) (241.4) (118.1) 205.3 (4,206.8) (188.6) (123.2) (202.9) (160.8) (998.0) (133.9) (1,065.0) (96.9) (43.3) (124.7) (100.6) (169.7) (410.8) (307.9) (82.1) (116.3) (548.8) (823.4) (58.7) (45.4) (25.9) (623.5) (40.1) (46.6) (42.6) (38.2) (1,827.7) (21.4) (19.8) (258.4) (162.1) (32.6) (234.0) (12.2) (443.4) (19.2) (20.5) (18.6) (22.3) (43.6) (434.0) (28.7) (37.0) (72.5) (29.4) (11.6) (21.7) (189.2) (29.3) (26.8) 28.7 (15.9) (26.9) (11.1) (86.3) (8.2) (20.7) (444.0) (19.2) (9.5) (22.2) (12.2) (13.2) (8.7) (20.7) (74.1) (8.7) (7.1) (8.4) (5.7) (6.9) (31.0) (10.4) (16.6) (36.8) (38.9) (68) (3.1) (5.2) (3.1) (5.4) (5.4) (5.3) (8.5) (63.2) (10.6) (28.3) (1.4)
Financing Activities
Net Debt Issuance (7,206.3) 5,479.1 380.2 (224.4) 95.2 (793.0) (695.1) (42.9) 1,020.6 (270.0) (198.6) (625.3) 3,919.4 274.8 1,246.2 312.6 369.2 660.4 595.1 604.9 520.1 (81.7) (24.8) (385.7) 417.9 19.6 414.1 (66.5) 115.6 353.6 605.9 152.5 (571.3) 30.3 673.1 (110.5) (158.5) 162.5 (93.6) 2,432.7 (531.6) 321.0 (41.5) 287.4 (38.5) 59.6 238.3 317.3 75.1 40.2 249.5 27.7 33.1 550.4 13.8 52.9 (41.1) (172.1) 67.1 53.7 40.2 65.6 (42.9) 45.2 309.4 (22.3) (32.7) (0.7) (7.5) (9.1) 209.1 0.4 0.4 0.5 0.1 0 (0.2) (0.2) (0.3) (0.4) (0.6) (2.0) (58.7) (38.8) (66.1) (24.9) (27.9) (40.0) 33.8 36.9 23.4 33.3 (0.7) (9.2) (14.2) (26.7) (43.1) 26.0 (10.4) (93.1) 58.2
Stock Repurchased (581.4) (0.9) (38.7) (282.2) (446.3) (708.1) 43.3 (143.3) (800.0) (41.2) 33.7 (249.2) (202.8) (781.6) (889.7) (600.3) (649.7) (699.9) (760.8) (270.0) (803.0) (210.0) 0 0 (421.2) (77.4) 0.0 (78.0) (156.0) (27.3) (3.6) (177.3) 0 (2) (27.5) (5.3) 0 (104.8) (67.6) (53.1) (11.1) (37.5) (34.3) (140.5) (52.1) (47.4) (132.3) (188.7) (8.4) (106.5) (143.7) (37.6) (125) (9.4) (3.2) (0.0) 0.8 (24.3) (76.1) 0 0 0.5 (15.4) 0 0 0 0 0 0 0 0 0 0 (19.1) (67.9) 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
Dividends Paid (68.2) (59.1) (58.0) (60.4) (61.1) (62.3) (63.4) (63.4) (63.6) (64.8) (65.0) (64.9) (65.8) (65.9) (68.8) (69.1) (70.2) (71.5) (73.3) (57.3) (57.6) (58.2) (58.4) (58.3) (58.3) (58.8) (24.8) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (2.0) (1.5) (0.9) (1.5) (1.5) (1.3) (1.3) (1.3) (1.3) (1.3) (1.3) (1.4) (1.4) (1.4) (1.4) (1.5) (1.5) (1.5) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) (1.6) 0 0 0 (1.5) (1.5) (1.5) (0.5) (3.4) (1.5) (1.5) (0.2) (3.2) (1.5) (1.5) (1.5) (1.5) (1.9) (1.2)
Other Financing Activities (559.3) 388.6 (1,887.3) 76.2 380.7 (52.3) 121.4 (30.9) (433.7) 58.8 (13.0) 29.8 (40.0) 0.5 (349.6) (9.6) (25.6) 15.9 20.6 (0.4) (28.6) (601.6) (1.3) 11.4 (16.0) (22.0) (66.8) (17.2) (7.2) 11.3 (36.0) (15.5) 1.0 (7.5) (19.9) (13.1) 0.1 (11.8) (12.3) (44.8) (9.6) (6.4) (13.0) (14.9) (2.3) 0.1 (10.6) 0.8 (21.8) 22.8 (11.9) (1.2) (247.7) (8.1) (3.0) 8.1 (14.3) (2.2) (1.1) 12.0 (3.0) (0.3) (2.0) 0.6 (309.3) (0.8) (11.4) (12.6) (10.9) (17.0) 7.4 (2.2) (1.9) 1.7 0.5 (1.3) (0.4) 0.7 (0.3) (2.3) (2.5) (2.6) (2.8) 2.5 (7.1) (0.7) (2.8) (2.8) (2.4) (4.3) 0 (1.7) (2.0) (3.4) 0 1.7 (0.7) (1.7) (1.3) 101.3 (80.4)
Financing Cash Flow (8,410.5) 5,814.8 (1,603.7) (490.7) (31.5) (1,615.8) (593.9) (280.5) (276.7) (317.3) (242.9) (909.6) 3,610.8 (572.1) (61.9) (366.3) (376.3) (95.2) (218.4) 277.3 (369.0) (951.5) (84.5) (432.6) (77.5) (138.6) 322.4 (163.3) (49.2) 336.0 564.7 (41.8) (572.0) 19.2 624.1 (131.0) (160.0) (2,432.7) (54.2) 2,170.5 (161.5) 275.8 (90.1) 130.6 (94.3) 10.9 94.1 127.9 43.5 (45.0) 92.5 (12.6) (341.2) 531.3 6.0 49.8 (56.2) (200.1) (11.7) 64.1 47.6 64.2 (61.8) (44.4) 1.1 (10.8) (41.7) (13.8) (18.4) (24.1) 217.8 (1.2) (1.0) (7.5) (66.6) 1.1 1.0 6.0 2.8 (0.8) 1.0 8.1 (62.5) (39.3) (64.9) (21.5) (26.7) (37.5) 32.4 33.7 21.5 32.6 (2.9) (11.3) (16.1) (26.5) (45.3) 22.9 (10.9) 10.1 (23.4)
Cash Position
Net Change in Cash (2,991.9) 5,726.4 (303.3) 191.6 412.3 (403.5) 852.4 (40.6) 70.8 147.0 (4.5) (123.4) 22.1 58.1 57.7 (79.9) 56.7 (345.6) 528.9 (262.4) 112.3 (131.1) 395.2 25.6 121.8 (449.3) 1,079.9 (229.9) 66.8 220.3 (108.9) 93.7 (330.0) 149.8 105.5 (181.3) 99.1 18.0 (67.0) 219.2 (163.0) 185.1 152.6 40.6 (34.3) 48.6 14.0 (431.7) (83.3) 370.9 45.4 (2.5) (315.3) 156.9 60.1 45.5 (35.1) 46.9 (630.3) 25.2 665.4 85.4 (191.7) 180.3 (538.6) 55.8 645.4 39.3 31.4 68.5 (168.3) 67.6 25.1 92.9 (38.3) 16.8 42.8 80.7 (49.9) 5.3 81.4 96.2 (13.5) (9.2) 26.9 7.9 (11.2) (51.4) 6.1 (16.4) 58.1 8.6 (5.6) 17.6 (1.9) 1.7 (9.4) 26.2 (5.4) 5.6 (4.4)
Cash at Beginning 9,116.4 2,610.0 3,339.9 3,148.3 2,736.0 3,139.5 2,287.1 2,327.7 2,256.9 2,109.9 2,114.4 2,237.8 2,215.6 2,157.5 2,099.8 2,179.7 2,123.0 2,468.6 1,939.7 2,202.1 2,089.8 2,220.8 1,825.6 1,800.1 1,678.3 2,127.6 1,047.7 1,277.6 1,210.9 990.6 1,099.5 1,005.8 1,335.9 1,186.0 1,080.6 1,261.8 1,162.8 977.8 1,044.7 825.5 988.5 803.3 650.7 610.1 644.5 595.9 581.9 1,013.6 1,096.8 725.9 680.5 683.0 998.3 841.3 781.3 735.7 770.9 724.0 1,354.3 1,329.1 663.7 578.2 769.9 589.6 1,128.2 1,072.3 426.9 387.6 356.2 287.7 456.1 388.5 363.4 270.5 308.9 292.1 249.2 168.6 218.5 213.1 131.7 35.5 49.0 58.2 31.3 23.3 34.5 85.9 79.8 96.1 38.0 29.4 35.0 17.3 19.2 17.5 26.9 0.7 6.1 0.6 5.0
Cash at End 6,124.5 8,336.4 3,036.6 3,339.9 3,148.3 2,736.0 3,139.5 2,287.1 2,327.7 2,256.9 2,109.9 2,114.4 2,237.8 2,215.6 2,157.5 2,099.8 2,179.7 2,123.0 2,468.6 1,939.7 2,202.1 2,089.8 2,220.8 1,825.6 1,800.1 1,678.3 2,127.6 1,047.7 1,277.6 1,210.9 990.6 1,099.5 1,005.8 1,335.9 1,186.0 1,080.6 1,261.8 995.8 977.8 1,044.7 825.5 988.5 803.3 650.7 610.1 644.5 595.9 581.9 1,013.6 1,096.8 725.9 680.5 683.0 998.3 841.3 781.3 735.7 770.9 724.0 1,354.3 1,329.1 663.7 578.2 769.9 589.6 1,128.2 1,072.3 426.9 387.6 356.2 287.7 456.1 388.5 363.4 270.5 308.9 292.1 249.2 168.6 218.5 213.1 131.7 35.5 49.0 58.2 31.3 23.3 34.5 85.9 79.8 96.1 38.0 29.4 35.0 17.3 19.2 17.5 26.9 0.7 6.1 0.6
Free Cash Flow (550.2) 347.0 598.9 665.4 427.5 469.4 1,374.6 629.6 384.1 500.1 257.0 396.1 437.3 557.2 197.0 400.2 473.9 610.7 786.8 376.8 513.2 662.6 463.4 420.1 331.8 (65.0) 1,034.3 (60.6) 174.6 387.8 100.9 163.3 240.8 107.0 45.4 (69.6) 247.7 (4.0) 114.3 (327.1) 402.6 (78.7) 496.5 41.8 96.7 275.3 (81.6) (140.4) (117.4) 414.0 (43.5) 12.2 59.4 31.0 39.4 14.6 51.3 268.8 (618.0) (45.0) 768.8 16.5 (129.2) 128.0 (482.9) 79.1 685.4 98.7 60.2 123.0 60.1 87.5 25.5 97.9 28.5 15.1 41.7 83.5 15.4 (0.5) 79.8 81.5 48.9 34.9 110.1 28.7 21.6 13.8 8.5 7.5 37.8 (24.0) (4.1) 29.8 14.4 27.2 41.1 58.5 11.3 16.1 19.0
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2001 Q1 2000 Q4
Income Statement
Revenue 2,969.7 1,896.8 2,007.6 1,956.7 2,412.1 2,515.4 1,997.7 1,971.0 2,420.2 2,433.8 2,475.7 2,452.5 2,292.4 2,253.0 2,285.4 2,280.9 2,156.3 2,194.0 2,202.3 2,137.4 1,990.0 1,930.2 1,917.8 1,672.0 1,903.6 1,987.8 1,105.9 935.2 883.0 880.6 857.7 833.2 795.0 1,054.3 1,038.9 962.2 919.8 950.2 951.9 747.1 679.9 722.4 748.8 706.5 665.0 697.3 704.9 674.0 616.5 634.1 629.7 618.4 578.7 588.5 590.3 597.0 533.5 530.5 542.8 519.8 456.4 443.5 440.1 425.1 398.5 409.0 409.9 402.0 359.5 365.9 405.8 343.8 310.6 308.8 311.0 280.1 260.4 260.7 260.3 238.8 225.2 219.7 224.5 207.7 195.5 188.5 192.6 181.8 162.6 148.4 136.5 134.3 124.6 129.5 127.7 121.0 115.3 115.6 111.0 102.7 80.7 82.6
Gross Profit 1,696.1 1,339.4 1,451.0 1,458.0 1,490.9 1,563.1 1,493.1 1,466.6 1,497.8 1,511.5 1,560.2 1,510.5 1,344.7 1,325.1 1,354.1 1,318.6 1,199.1 1,226.0 1,258.2 1,201.1 1,064.8 1,008.0 1,016.9 778.2 969.7 946.6 678.2 632.9 577.8 567.5 592.7 568.6 542.6 545.2 545.0 493.1 463.8 471.7 481.9 401.4 421.2 451.8 476.1 452.3 414.7 439.5 445.1 420.6 383.5 399.0 398.9 388.4 361.3 378.3 385.9 384.0 339.3 344.6 351.2 328.3 288.1 289.3 289.1 272.7 252.3 264.1 268.7 248.5 235.5 234.7 261.6 218.7 193.0 192.3 194.7 172.8 156.9 154.9 162.1 149.7 136.3 132.8 131.3 117.6 108.1 109.2 112.2 93.7 90.8 81.2 74.3 68.0 61.9 65.1 60.8 55.2 51.1 54.9 49.5 36.9 36.1 39.4
Operating Income (15.6) 247.5 639.2 560.6 495.3 604.6 547.6 475.4 531.2 618.9 636.3 557.2 490.8 485.9 510.7 516.8 424.1 476.4 470.8 439.4 365.4 364.0 348.0 188.3 313.7 286.6 307.5 248.0 204.8 188.5 231.4 198.8 174.5 93.1 194.0 153.8 131.1 80.2 154.4 56.2 107.8 123.2 137.8 103.6 104.6 124.0 124.4 88.9 97.3 111.9 107.4 69.4 90.8 116.6 80.5 9.8 92.3 96.6 108.6 88.1 78.2 83.1 82.1 71.5 73.8 88.7 89.2 67.4 62.4 77.9 93.1 66.8 59.9 58.4 66.2 51.1 51.2 52.3 63.5 52.4 48.1 50.0 50.5 39.5 38.2 40.8 41.6 29.2 30.4 26.1 27.2 22.4 21.8 23.8 25.3 20.9 18.0 20.8 22.7 8.5 12.0 16.0
Net Income (1,799.9) 217.5 635.2 241.6 305.7 567.2 315.1 374.8 313.3 361.3 361.8 274.1 (11.0) 249.3 290.5 (673.0) 244.7 208.5 296.7 263.6 196.7 182.6 221.0 37.3 143.6 102.8 95.0 120.5 112.3 75.2 176.4 109.1 91.4 242.0 110.7 66.9 48.8 49.5 85.1 37.2 69.1 78.8 86.6 65.3 62.6 74.8 75.4 51.6 55.1 73.9 64.6 40.8 58.5 70.2 46.7 5.1 57.9 61.2 64.0 58.6 47.8 53.5 49.4 34.2 48.5 62.8 57.8 37.6 (106.8) 48.9 57.5 40.8 40.1 38.3 43.6 33.2 34.3 34.0 41.5 34.1 30.1 30.6 30.7 23.5 21.6 23.6 24.2 15.2 16.5 14.9 15.8 13.0 12.1 13.6 14.6 (11.0) 10.3 11.6 12.9 0.8 5.8 8.4
EPS (Diluted) -7.49 0.91 2.64 0.99 1.24 2.25 1.24 1.47 1.22 1.38 1.39 1.05 -0.04 0.94 1.05 -2.42 0.87 0.72 1.01 0.89 0.66 0.61 0.74 0.12 0.48 0.34 0.54 0.77 0.71 0.47 1.11 0.68 0.57 1.51 0.71 0.44 0.32 0.32 0.55 0.26 0.53 0.60 0.66 0.50 0.46 0.55 0.55 0.36 0.38 0.51 0.44 0.27 0.38 0.45 0.30 0.49 0.37 0.39 0.40 0.36 0.30 0.34 0.31 0.21 0.30 0.38 0.36 0.23 -0.66 0.30 0.36 0.25 0.25 0.24 0.27 0.20 0.21 0.21 0.26 0.21 0.18 0.19 0.10 0.15 0.07 0.07 0.16 0.10 0.11 0.10 0.10 0.09 0.08 0.09 0.10 -0.07 0.07 0.08 0.09 0.01 0.06 0.08
Balance Sheet
Cash & Equivalents 5,861.3 8,336.4 2,603.0 2,611.7 2,896.0 2,538.4 2,941.9 2,097.2 2,167.6 2,088.9 1,941.8 1,919.6 2,001.7 1,997.6 1,993.8 1,933.3 2,045.3 1,979.3 2,347.7 1,799.5 2,082.4 1,945.9 2,220.8 1,825.6 1,800.1 1,678.3 2,127.6 1,047.7 1,277.6 1,210.9 990.6 1,099.5 1,005.8 1,335.9 1,186.0 1,080.6 1,261.8 995.8 977.8 1,044.7 825.5 988.5 803.3 650.7 610.1 644.5 595.9 581.9 1,013.6 581.9 725.9 680.5 683.0 998.3 841.3 781.3 735.7 770.9 724.0 1,354.3 663.7 578.2 769.9 589.6 1,090.8 1,072.3 426.9 387.6 356.2 287.7 456.1 388.5 363.4 270.5 308.9 292.1 249.2 168.6 218.5 213.1 131.7 35.5 49.0 58.2 31.3 23.3 34.5 85.9 79.8 96.1 38.0 29.4 38.0 17.3 19.2 17.5 26.9 0.7 6.1 0.6 6.1
Total Assets 64,254.8 53,338.5 47,962.4 48,518.5 47,616.1 46,890.3 49,985.8 50,752.2 51,774.8 50,570.2 48,924.6 48,150.9 48,638.6 44,809.0 43,938.7 44,175.8 45,435.3 45,279.7 45,754.5 45,149.7 44,257.7 44,201.5 44,549.8 44,001.5 43,849.6 44,480.2 45,212.0 14,584.1 14,749.6 13,230.8 13,839.2 12,299.9 12,903.3 12,998.1 12,281.5 10,036.8 9,959.7 10,113.1 10,237.8 10,510.0 4,699.1 5,328.1 5,472.9 5,779.3 4,018.3 4,541.6 4,339.4 4,018.7 3,455.7 4,018.7 3,499.5 3,125.1 3,076.2 3,428.7 2,805.5 2,688.1 2,617.0 2,614.3 2,715.2 3,350.5 2,056.6 1,908.7 2,039.3 1,979.7 2,509.8 2,430.9 1,676.8 1,444.6 1,613.4 1,699.8 1,445.9 1,325.8 1,302.7 1,185.4 1,200.6 1,159.0 1,120.8 1,051.0 1,018.7 982.0 890.1 841.6 853.5 831.2 866.0 843.5 862.8 851.9 711.4 504.0 518.1 441.5 518.1 429.3 431.4 459.3 493.1 464.5 458.6 262.0 458.6
Total Debt 23,577.1 21,865.4 15,226.2 16,647.2 16,922.8 16,815.4 17,556.8 18,187.0 18,241.0 17,375.8 17,361.3 17,580.0 18,201.8 14,285.9 13,888.6 12,633.0 12,341.4 12,081.1 11,337.3 10,757.1 10,150.9 9,756.2 9,707.8 9,713.1 10,081.8 9,677.5 9,568.7 5,887.9 5,945.3 5,830.7 5,486.1 4,877.2 4,731.9 5,294.9 5,258.8 4,580.2 4,676.7 4,961.4 4,803.8 4,893.7 2,064.0 2,601.0 2,288.7 2,332.7 2,055.3 2,131.7 2,072.2 1,833.8 1,516.5 1,833.8 1,401.1 1,150.9 1,122.9 1,092.8 542.3 528.4 476.1 516.9 690.7 624.8 526.6 460.3 500.3 457.8 460.9 482.4 207.2 194.1 201.6 210.6 1.5 1.1 0.7 0.1 0 0 0.2 0.4 0.7 1.1 1.7 3.7 68.1 100.4 166.4 191.3 223.0 259.2 118.0 4.2 38.6 5.3 38.6 15.1 29.3 56.1 93.3 67.3 77.7 64.0 77.7
Stockholders' Equity 23,792.4 22,888.8 22,668.1 22,593.1 22,248.3 22,280.7 22,811.4 22,387.4 22,215.8 22,999.2 22,441.5 22,171.5 22,083.3 22,303.5 22,660.6 23,755.7 25,159.6 25,628.2 26,147.0 26,693.8 26,691.8 27,332.4 27,745.7 27,425.9 27,320.8 27,855.7 27,774.6 3,990.6 3,950.8 3,991.4 3,974.3 3,830.4 3,951.6 3,794.5 3,531.3 2,851.0 2,730.9 2,655.6 2,746.7 2,746.5 840.1 805.2 786.7 758.0 825.1 894.7 942.3 997.2 1,130.1 997.2 1,067.0 1,146.1 1,147.1 1,234.0 1,149.0 1,172.2 1,230.0 1,146.4 1,157.7 1,184.5 988.5 921.9 861.3 935.0 921.4 819.8 667.4 915.1 1,066.5 1,126.7 1,126.8 1,058.2 1,003.8 943.6 957.8 902.7 866.3 820.9 770.2 717.5 665.4 619.3 578.4 555.4 526.1 484.5 449.4 428.3 409.9 381.3 366.4 338.0 366.4 310.8 296.3 303.7 293.7 284.4 271.0 130.6 271.0
Cash Flow
Operating Cash Flow (288.8) 515.2 768.7 817.5 555.1 653.4 1,540.8 808.8 529.6 657.5 426.8 565.0 599.5 709.5 336.4 568.1 630 753.2 918.0 510.2 599.4 769.4 584.5 523.7 436.6 41.9 1,102.0 17.6 229.7 445.1 154.2 222.2 284.5 152.3 92.1 (25.9) 294.0 37.9 155.7 (293.0) 423.9 (59.3) 513.4 77.6 120.1 290.4 (63.5) (120.3) (97.3) 434.9 (23.2) 35.8 80.0 56.2 68.6 53.4 87.2 291.8 (605.9) (23.5) 794.2 43.5 (104.4) 147.6 (467.0) 88.7 696.5 114.2 68.3 132.7 67.8 88.5 34.5 111.2 38.1 27.2 49.7 91.9 22.4 6.7 85.1 88.9 54.1 41.5 122.9 34.7 30.4 23.4 13.8 14.1 40.9 (18.8) (1.2) 34.4 19.6 33.5 44.3 66.5 16.1 23.7 20.4
Capital Expenditure (261.3) (168.2) (169.8) (152.2) (127.6) (184.0) (166.3) (179.2) (145.4) (157.3) (169.8) (168.8) (162.2) (152.3) (139.3) (167.9) (156.1) (142.5) (131.2) (133.4) (86.2) (106.8) (121.0) (103.6) (104.8) (106.9) (67.7) (78.2) (55.1) (57.2) (53.4) (58.9) (43.8) (45.3) (46.7) (43.7) (46.2) (41.9) (41.4) (34.0) (21.3) (19.4) (16.9) (35.8) (23.5) (15.1) (18.2) (20.1) (20.1) (20.9) (20.3) (23.6) (20.6) (25.2) (29.2) (38.8) (35.9) (23.0) (12.2) (21.4) (25.4) (26.9) (24.8) (19.5) (15.8) (9.6) (11.1) (15.5) (8.1) (9.7) (7.7) (1.0) (9.0) (13.3) (9.6) (12.1) (8.0) (8.3) (6.9) (7.2) (5.3) (7.3) (5.2) (6.7) (12.8) (6.0) (8.8) (9.5) (5.4) (6.5) (3.1) (5.2) (2.9) (4.6) (5.2) (6.3) (3.2) (8.0) (4.8) (7.7) (1.3)
Free Cash Flow (550.2) 347.0 598.9 665.4 427.5 469.4 1,374.6 629.6 384.1 500.1 257.0 396.1 437.3 557.2 197.0 400.2 473.9 610.7 786.8 376.8 513.2 662.6 463.4 420.1 331.8 (65.0) 1,034.3 (60.6) 174.6 387.8 100.9 163.3 240.8 107.0 45.4 (69.6) 247.7 (4.0) 114.3 (327.1) 402.6 (78.7) 496.5 41.8 96.7 275.3 (81.6) (140.4) (117.4) 414.0 (43.5) 12.2 59.4 31.0 39.4 14.6 51.3 268.8 (618.0) (45.0) 768.8 16.5 (129.2) 128.0 (482.9) 79.1 685.4 98.7 60.2 123.0 60.1 87.5 25.5 97.9 28.5 15.1 41.7 83.5 15.4 (0.5) 79.8 81.5 48.9 34.9 110.1 28.7 21.6 13.8 8.5 7.5 37.8 (24.0) (4.1) 29.8 14.4 27.2 41.1 58.5 11.3 16.1 19.0