Henry Schein, Inc. logo HSIC - Henry Schein, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 14
HOLD 15
SELL 3
STRONG
SELL
0
| PRICE TARGET: $85.43 DETAILS
HIGH: $97.00
LOW: $64.00
MEDIAN: $86.00
CONSENSUS: $85.43
UPSIDE: 15.12%
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 3,368 3,437 3,339 3,240 3,168 3,191 3,174 3,136 3,172 3,017 3,162 3,100 3,060 3,371 3,067 3,030 3,179 3,330.5 3,178.3 2,967.2 2,925.0 3,165.7 2,840.1 1,684.4 2,428.9 2,668.9 2,508.8 2,447.8 2,360.3 3,375.2 3,279.7 3,326.7 3,220.4 3,318.1 3,161.1 3,059.5 2,922.9 3,120.9 2,865.1 2,872.6 2,713.0 2,850.9 2,685.8 2,629.3 2,463.6 2,702.1 2,623.7 2,615.4 2,430.2 2,526.4 2,349.0 2,391.8 2,293.5 2,408.4 2,231.1 2,201.5 2,099.0 2,340.1 2,111.7 2,130.6 1,947.8 2,023.6 1,893.5 1,849.4 1,760.3 1,786.1 1,659.4 1,611.0 1,488.6 1,573.5 1,650.8 1,645.0 1,525.6 1,717.5 1,505.6 1,387.0 1,334.1 1,498.9 1,272.0 1,220.4 1,161.8 1,343.1 1,125.4 1,141.6 1,101.4 1,194.3 1,033.6 945.7 886.6 946.9 776.2 747.4 671.4 698.3 606.3 593.9 656.7 603.0 568.2 553.8
Cost of Revenue 2,298 2,443 2,381 2,288 2,230 2,261 2,245 2,181 2,221 2,150 2,226 2,174 2,138 2,417 2,198 2,130 2,253 2,351.0 2,266.2 2,077.5 2,034.1 2,306.0 2,085.8 1,230.1 1,682.8 1,858.3 1,747.6 1,680.4 1,608.6 1,721.6 1,633.2 1,597.7 1,554.3 2,417.1 2,325.0 2,220.3 2,100.0 2,259.1 2,075.7 2,069.3 1,933.7 2,051.6 1,936.9 1,878.6 1,750.3 1,937.6 1,902.1 1,886.9 1,733.4 1,826.8 1,709.3 1,722.0 1,646.5 1,744.9 1,622.0 1,577.1 1,488.4 1,687.6 1,524.3 1,518.4 1,381.9 1,448.8 1,356.1 1,303.8 1,247.3 1,259.8 1,183.2 1,132.5 1,047.6 1,107.2 1,172.2 1,156.6 1,074.4 1,233.3 1,076.2 973.2 941.2 1,076.9 911.0 860.9 824.2 965.7 808.6 817.2 795.2 874.5 759.6 694.0 655.8 693.2 555.6 539.8 479.0 504.1 439.4 434.5 536.1 409.9 377.4 376.7
Gross Profit 1,070 994 958 952 938 930 929 955 951 867 936 926 922 954 869 900 926 979.5 912.1 889.8 890.9 859.7 754.3 454.3 746.0 810.6 761.2 767.4 751.7 750.9 722.4 718.3 719.1 901.0 836.1 839.2 822.9 861.9 789.5 803.3 779.3 799.3 748.9 750.7 713.4 764.5 721.7 728.5 696.7 699.5 639.6 669.9 647.0 663.5 609.0 624.4 610.6 652.6 587.4 612.2 565.8 574.7 537.5 545.6 513.0 526.3 476.3 478.5 441.0 466.3 478.6 488.4 451.2 484.1 429.3 413.8 393.0 422.0 361.0 359.5 337.6 377.5 316.7 324.4 306.2 319.8 274.0 251.7 230.8 253.7 220.5 207.6 192.4 194.2 166.9 159.4 120.6 193.2 190.8 177.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 809 808 752 777 736 738 724 781 791 807 725 707 717 761 648 680 682 776.4 701.5 678.8 658.0 674.1 559.6 445.8 567.4 615.3 574.8 593.2 574.6 558.3 552.1 552.7 554.2 659.8 622.5 628.5 629.0 631.8 583.4 602.3 599.1 586.2 551.6 560.4 545.2 561.5 547.6 547.6 539.4 512.6 479.2 493.8 493.4 482.2 459.4 466.3 465.5 489.2 444.2 461.0 441.5 432.7 400.1 407.6 397.0 389.7 362.4 356.2 346.1 337.3 363.3 375.1 366.0 359.1 332.6 322.9 319.1 317.4 298.3 282.7 276.7 288.2 253.6 253.9 249.0 269.8 220.9 188.1 184.5 194.7 164.5 157.8 145.4 151.2 131.6 131.8 72.6 150.8 151.2 145.7
Other Expenses 79 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3 3.1 0.2 (0.3) (0.2) 0.1 0.4 (0.5) 1.0 3.6 1.5 1.3 (0.0) (0.4) 0 1.0 0.8 0.5 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 0 0 0 0 0 0 0 0 0 0 0 0 26.3 9.8 8.1 8.0 7.9
Operating Expenses 888 808 752 777 736 738 724 781 791 807 725 707 717 761 648 680 682 776.4 701.5 678.8 658.0 674.1 559.6 445.8 567.4 615.3 574.8 593.2 574.6 558.3 552.1 552.7 554.2 659.8 622.5 628.5 629.0 631.8 583.4 602.3 599.1 586.2 551.6 560.4 545.2 561.5 547.6 547.6 539.4 512.6 479.2 493.8 493.4 482.2 459.4 466.3 465.5 489.2 444.2 461.0 441.5 432.7 400.1 407.6 397.0 389.7 362.4 356.2 346.1 337.3 363.3 375.1 366.0 359.1 332.6 322.9 319.1 317.4 298.3 282.7 276.7 288.2 253.6 253.9 249.0 269.8 220.9 188.1 184.5 194.7 164.5 157.8 145.4 151.2 131.6 158.1 82.4 158.8 159.2 153.7
Operating Income
Operating Income 182 186 206 175 202 192 205 174 160 60 211 219 205 193 221 220 244 203.1 210.6 210.9 232.9 185.6 194.7 8.5 178.7 195.3 186.4 174.2 177.1 192.6 170.3 165.6 164.9 241.2 213.5 210.7 194.0 230.1 206.1 180.7 176.2 200.7 188.9 183.0 161.4 202.9 174.1 180.8 157.3 186.9 160.5 176.1 153.6 181.3 149.6 154.7 133.3 163.4 143.3 151.2 124.3 142.0 137.4 138.0 103.8 137.6 113.9 122.3 90.9 105.7 115.3 113.4 85.2 125.0 96.7 90.9 73.9 104.6 62.7 76.7 60.9 89.2 63.1 70.5 57.2 50.0 53.2 63.6 46.3 59.1 56.0 50.5 47.0 43.0 35.3 1.2 38.2 34.3 31.6 23.5
Interest Expense 39 39 38 38 35 35 34 32 30 29 25 19 14 17 11 9 7 8.2 6.5 6.4 6.5 12.0 11.1 10.5 7.8 9.3 12.4 12.8 16.3 21.4 20.4 17.2 16.9 16.6 13.4 12.2 11.4 9.9 7.5 7.4 7.1 7.2 6.3 6.3 6.3 6.8 6.3 5.7 5.3 4.9 5.1 4.9 12.7 8.2 7.3 7.7 7.6 7.6 6.8 7.9 8.1 7.5 7.8 9.2 9.1 5.0 5.2 6.5 6.8 49.7 16.9 11.0 5.4 6.5 0 25.8 5.0 5.8 0 5.5 23.2 5.5 14.1 5.9 4.9 3.6 3.5 1.3 0.7 1.8 2.7 0.2 1.2 0.6 1.1 0 27.7 14.1 6.4 5.4
Interest Income 7 9 9 9 6 6 7 6 5 5 6 3 3 8 4 3 2 1.7 1.4 1.4 2.0 2.4 2.3 2.0 3.2 3.4 3.9 3.7 4.8 4.4 3.9 3.7 3.5 4.3 4.8 4.1 4.3 3.2 3.1 3.6 3.3 3.1 3.1 3.3 3.5 3.3 3.5 3.4 3.5 3.1 3.2 3.3 3.2 3.2 3.3 3.6 3.3 3.6 3.8 4.2 3.9 3.8 3.4 3.5 3.4 2.3 2.4 2.5 2.8 4.1 4.3 4.0 4.0 0 0 4.3 4.1 0 0 4.0 4.6 0 1.9 0 2.0 0 0 2.5 2.2 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 249 256 255 235 253 237 236 238 230 111 273 264 229 132 268 276 301 259.9 264.2 262.0 281.6 228.9 232.8 41.4 225.8 247.5 237.8 213.6 217.3 197.6 162.4 195.8 200.6 296.4 266.9 263.3 243.0 260.8 246.1 243.5 221.2 253.3 240.0 229.3 205.4 242.5 213.3 218.2 193.4 218.8 192.3 211.2 188.9 218.2 184.5 190.1 167.6 197.5 175.9 185.3 156.9 171.5 166.0 167.8 131.6 160.9 138.4 144.9 113.3 135.3 134.3 137.9 108.3 145.9 96.7 90.9 91.3 122.6 79.3 92.2 60.9 107.0 72.6 82.2 66.5 68.1 66.0 63.6 46.3 70.0 64.6 58.0 54.2 52.4 42.9 10.7 48.0 42.4 39.0 16.9
EBIT 182 174 175 159 180 161 162 164 157 43 204 205 177 80 216 223 246 201.2 212.6 212.1 232.2 181.9 188.3 (5.7) 176.8 198.8 191.0 164.5 176.8 160.9 126.6 160.4 164.9 244.6 218.1 215.5 198.2 216.9 203.7 184.5 182.7 204.0 191.7 186.1 164.9 206.7 177.1 185.3 164.3 191.5 165.0 179.3 156.5 184.9 153.9 159.1 137.2 167.6 147.3 156.2 128.6 145.8 140.8 142.0 107.0 140.4 118.2 124.1 93.4 116.4 114.8 117.7 88.9 125.0 96.7 90.9 73.7 104.6 62.6 76.4 60.9 89.2 58.4 67.1 53.3 50.0 52.7 63.6 46.3 59.1 56.0 49.8 47.0 43.0 35.3 1.2 38.2 34.3 31.0 9.0
Income Before Tax 150 135 137 125 148 127 131 138 130 18 182 189 167 66 208 219 243 195.5 211.4 212.0 231.6 174.5 180.8 (14.8) 171.8 192.6 185.2 157.3 163.1 145.7 112.9 148.5 150.9 214.7 210.3 207.9 186.8 207.0 196.2 177.1 175.6 196.8 185.4 179.8 158.7 199.9 170.8 179.6 159.0 186.6 159.9 174.4 143.7 176.7 146.6 151.4 129.5 160.1 140.5 148.3 120.5 138.3 133.0 132.8 97.9 135.3 113.0 118.1 86.9 103.2 106.8 108.8 81.9 223.7 98.8 89.4 71.9 102.3 61.9 73.1 58.3 85.6 59.1 67.0 52.5 45.9 48.7 63.1 45.7 57.5 53.1 48.9 45.1 44.0 33.6 22.7 22.7 25.9 26.2 18.2
Income Tax Expense 38 32 28 31 35 31 32 33 32 1 39 41 39 15 46 52 57 43.4 49.3 48.0 56.7 29.4 29.0 (0.9) 37.9 42.2 42.0 35.9 39.5 20.8 16.6 33.9 36.1 206.2 59.3 58.3 38.6 58.9 56.6 49.0 53.5 59.2 49.2 53.8 49.1 59.4 51.3 55.3 49.6 55.6 34.7 54.8 45.9 54.1 44.7 47.2 41.8 49.5 44.3 47.3 39.2 44.2 42.2 41.4 32.2 44.1 15.9 38.8 28.9 33.2 34.7 37.1 27.9 40.0 33.7 30.6 25.5 35.9 21.7 26.4 21.2 31.2 21.6 24.8 19.4 16.9 18.0 23.4 17.0 21.4 20.2 18.0 17.0 15.8 12.7 8.5 10.0 9.6 9.8 6.8
Net Income 107 101 101 86 110 94 99 104 93 18 137 140 121 47 150 160 181 147.2 155.0 155.7 166.0 141.1 141.7 (10.8) 130.3 143.1 140.6 114.5 109.8 133.0 121.5 141.2 140.2 (8.5) 138.0 136.1 140.7 139.2 133.7 120.1 113.8 129.9 127.7 117.9 103.4 133.0 114.8 116.2 102.1 124.3 107.4 108.4 91.5 112.5 96.8 98.1 80.8 104.7 92.0 94.5 76.5 93.0 87.9 84.0 60.9 86.4 96.4 73.5 54.9 56.9 67.5 64.6 51.4 78.3 59.6 33.8 43.4 63.0 39.3 45.2 16.3 51.7 23.3 37.8 30.9 29.6 31.5 38.7 28.4 35.5 32.9 31.0 28.1 27.1 20.9 14.1 12.7 16.2 16.4 11.4
Per Share Data
EPS (Basic) 0.93 0.86 0.84 0.71 0.89 0.75 0.79 0.81 0.72 0.14 1.05 1.07 0.92 0.35 1.11 1.16 1.32 1.06 1.11 1.11 1.17 0.99 1.00 -0.08 0.91 2.27 0.96 0.77 0.73 0.88 0.80 0.92 0.92 -0.06 0.88 0.86 0.89 0.88 0.83 0.74 0.70 0.78 0.77 0.71 0.62 0.80 0.68 0.69 0.60 0.72 0.63 0.63 0.53 0.63 0.56 0.56 0.46 0.59 0.51 0.52 0.42 0.50 0.49 0.47 0.34 0.47 0.55 0.42 0.31 0.31 0.38 0.36 0.29 0.44 0.34 0.19 0.25 0.35 0.22 0.26 0.10 0.29 0.14 0.22 0.18 0.17 0.18 0.22 0.16 0.20 0.19 0.17 0.16 0.08 0.06 0.04 0.04 0.05 0.05 0.04
EPS (Diluted) 0.92 0.85 0.84 0.70 0.88 0.74 0.78 0.80 0.72 0.14 1.05 1.06 0.91 0.35 1.09 1.15 1.30 1.05 1.10 1.10 1.16 0.98 0.99 -0.08 0.91 2.24 0.95 0.77 0.73 0.87 0.79 0.92 0.91 -0.06 0.87 0.86 0.88 0.87 0.82 0.73 0.69 0.78 0.76 0.70 0.61 0.78 0.67 0.68 0.59 0.72 0.62 0.62 0.52 0.63 0.54 0.54 0.45 0.57 0.50 0.51 0.41 0.50 0.47 0.45 0.33 0.47 0.53 0.41 0.31 0.31 0.37 0.35 0.28 0.43 0.33 0.19 0.24 0.35 0.22 0.25 0.09 0.29 0.13 0.21 0.18 0.17 0.18 0.22 0.16 0.20 0.19 0.17 0.16 0.08 0.06 0.04 0.04 0.05 0.05 0.04
Shares Outstanding 114.9 117.4 120.2 121.9 123.8 124.5 126.1 127.8 128.7 129.8 130.4 130.9 131.4 134.2 135.6 137.4 137.3 138.4 139.4 140.4 142.3 142.4 142.4 142.3 143.0 145.4 147.1 148.1 150.3 151.8 152.5 153.4 153.1 155.1 156.9 157.7 157.7 159.0 161.8 162.9 163.1 164.5 165.7 166.1 166.5 167.1 168.2 169.2 169.6 170.2 171.3 172.7 173.3 173.2 174.9 177.0 176.4 177.5 180.5 181.5 181.2 181.2 180.7 180.0 179.0 177.9 177.6 177.6 177.5 177.3 177.9 179.2 178.4 178.2 177.6 176.8 175.8 176.7 176.6 176.8 174.6 174.2 174.5 173.9 173.4 173.8 174.8 174.8 174.8 175.0 174 175.9 173.6 334.3 334.3 334.3 334.3 334.3 329.6 325.7
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 1994 Q4
Current Assets
Cash & Cash Equivalents 138 156 136 145 127 122 126 138 159 171 166 137 126 117 123 108 126 118 119.1 167.2 144.5 421.2 533.5 296.1 617.4 106.1 75.3 84.9 88.1 56.9 119.7 111.3 99.2 174.7 79.9 74.7 62.9 62.4 76.2 63.6 71.6 321.1 355.4 471.2 393.9 308.2 207.5 106.3 73.1 157.4 121.2 187.0 200.7 149.3 107.9 75.8 38.1 58.4 37.2 45.9 17.4 26 39.1 25.1 13.3 28.2 16.1 15.5 12.2 11.8 16.6 20.3 16.9 45.8 48.9 92.9 7.5 7.6 4.5
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 15.0 27.0 0 0 0 27.8 0 0 3.0 16.2 14.4 31.2 35.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,719 1,651 1,743 1,645 1,578 1,482 1,660 1,559 1,644 1,863 1,573 1,468 1,470 1,442 1,507 1,409 1,444 1,452 1,551.9 1,356.9 1,317.5 1,424.8 1,407.7 1,101.2 1,198.7 1,246.2 1,278.9 1,203.9 1,193.1 1,168.8 1,627.6 1,561.1 1,576.4 1,522.8 1,544.6 1,409.1 1,362.8 1,254.1 1,367.6 1,296.2 1,275.0 829.9 803.0 725.4 731.0 677.2 764.6 518.8 472.9 467.1 418.5 381.1 368.3 415.6 416.1 366.3 359.0 371.7 386.7 357.2 358.4 388.1 387 361.3 357.3 338.1 353.8 291.2 258.1 284.7 222.8 163.3 143.4 207.2 135.1 112.6 105 91.2 57.5
Inventory 2,014 2,002 1,912 1,908 1,842 1,810 1,754 1,657 1,686 1,815 1,833 1,843 1,918 1,963 1,818 1,823 1,871 1,861 1,784.0 1,688.2 1,626.2 1,512.5 1,463.4 1,406.7 1,328.4 1,428.8 1,356.9 1,367.5 1,370.4 1,415.5 1,932.9 1,930.2 2,015.1 1,933.8 1,692.3 1,567.2 1,624.0 1,665.8 1,468.3 1,482.5 1,500.4 797.6 806.1 775.2 738.0 740.9 676.6 445.0 408.1 385.8 343.7 334.9 323.1 314.5 249.0 258.7 273.7 276.5 260.2 274.7 292.7 285.6 267.8 278.8 294.4 270 264.8 234.8 220.1 228 151.8 118.2 118.8 180.8 105.8 97.6 87.9 96.5 76.9
Other Current Assets 625 655 604 545 490 569 607 587 589 639 541 463 438 466 0 0 0 (0.1) 0 0 0 0 0 0 0 0 0 0 0 1,083.0 0 0 0 0 0 0 0 0 0 57.6 60.1 42.9 44.4 48.0 38.7 37.4 31.7 30.1 30.8 30.6 27.9 28.7 29.9 29.2 22.9 21.8 20.2 81.9 82.1 80.5 84.2 79.1 74.6 78.4 70.8 68.2 59.3 59.5 54.4 54.5 39.9 39.5 35.6 39.9 31.6 26 25.2 26.5 19.3
Total Current Assets 4,496 4,464 4,395 4,243 4,037 3,983 4,147 3,941 4,078 4,488 4,113 3,911 3,952 3,988 3,957 3,789 3,830 3,844 3,912.4 3,742.2 3,570.6 3,791.4 3,869.2 3,409.2 3,619.1 3,226.5 3,115.7 3,108.7 3,109.1 4,175.2 4,194.0 4,061.9 4,120.8 4,086.0 3,782.5 3,463.8 3,392.3 3,342.8 3,286.0 3,277.6 3,271.0 2,212.5 2,219.4 2,203.5 2,089.3 1,940.3 1,853.5 1,246.7 1,086.0 1,156.5 1,000.7 1,014.0 1,027.5 1,007.0 841.8 768.8 743.9 788.4 766.2 758.3 752.7 778.8 768.5 743.6 735.8 704.5 694 601 544.8 579 431.1 341.3 314.7 473.7 321.4 329.1 225.6 221.8 158.2
Non-Current Assets
Property, Plant & Equipment 930 922 911 887 850 824 844 822 814 823 797 729 676 667 673 683 689 691 685.6 659.7 655.0 630.9 584.8 547.4 543.2 561.3 551.2 551.5 563.5 314.2 374.1 368.6 377.0 375.0 361.7 351.4 336.5 333.9 324.1 320.1 324.3 248.2 249.7 259.6 254.0 242.2 236.3 158.0 151.5 154.2 150.4 148.7 142.5 137.2 109.0 96.7 96.3 94.7 89.1 87.5 87.3 86.6 75 72.1 71.3 67.6 68.5 59.2 58.3 63.2 50.2 40.5 38.4 48 35.6 33.2 30.8 29.7 19.9
Goodwill 4,284 4,213 4,147 4,085 3,956 3,887 3,986 3,905 3,835 3,875 3,595 3,335 2,917 2,893 2,870 2,833 2,857 2,854 2,779.2 2,723.0 2,587.4 2,504.4 2,489.0 2,471.1 2,470.6 2,462.5 2,441.2 2,431.1 2,413.6 2,081.0 2,685.7 2,255.9 2,317.9 2,301.3 2,224.7 2,172.6 2,058.7 2,019.7 1,975.6 1,954.6 1,925.1 1,368.1 1,258.7 986.4 948.9 899.9 887.3 0 0 0 0 0 0 0 276.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 1,007 1,018 1,046 1,041 1,028 1,023 1,100 1,081 915 916 834 678 548 587 635 603 644 668 645.8 604.5 597.6 479.4 510.4 527.9 554.7 572.9 603.2 631.3 654.7 376.6 618.2 612.9 649.5 671.0 667.0 636.8 599.2 623.1 593.3 593.9 603.2 406.8 349.7 204.4 206.4 203.2 203.4 670.3 440.2 436.4 377.5 314.4 310.3 303.4 0 278.8 286.4 292.0 280.3 283.4 288.3 295.1 282.2 286.6 285 148.4 145.3 131.1 127.1 130.8 93.5 73.2 56 77.7 50.8 28.6 26.2 24.4 5
Long-Term Investments 0 0 0 650 0 170 0 0 503 180 471 493 479 161 399 416 427 168 397.8 394.7 369.2 169.4 356.4 362.6 331.6 164.7 385.7 389.6 404.0 261.0 518.4 510.5 449.7 268.4 450.8 472.9 458.0 299.2 454.7 487.4 476.9 182.0 185.2 182.0 146.9 147.0 0 0 0 0 0 0 0 0 0 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 587 598 598 0 609 284 528 502 0 253 0 0 0 223 0 0 0 221 0 0 0 154.5 0 0 0 139.6 0 0 0 1,280.3 0 0 0 151.3 0 0 0 124.9 0 0 0 0 0 0 0 0 103.0 125.3 154.9 72.2 85.2 74.1 77.6 69.7 54.5 57.5 54.5 56.0 48.7 41.7 44.1 43.6 43.2 43.4 47.9 41.5 42.6 45 28.9 30.9 29.5 29.8 29.5 29.5 26.2 23.1 21.1 21 6.9
Total Non-Current Assets 6,808 6,751 6,702 6,663 6,443 6,235 6,458 6,310 6,067 6,085 5,697 5,235 4,620 4,619 4,577 4,535 4,617 4,637 4,508.4 4,381.8 4,209.3 3,981.1 3,940.6 3,908.9 3,900.1 3,924.6 3,981.3 4,003.6 4,035.8 4,325.3 4,196.4 3,747.8 3,794.1 3,778.0 3,704.1 3,633.7 3,452.4 3,417.6 3,347.6 3,356.0 3,329.6 2,205.1 2,043.3 1,632.5 1,556.2 1,492.2 1,430.0 953.6 746.6 662.9 613.1 537.2 530.5 510.2 439.7 433.0 437.3 442.7 418.1 412.6 419.6 425.3 400.4 402.1 404.2 257.5 256.4 235.3 214.3 224.9 173.2 143.5 123.9 155.2 112.6 84.9 78.1 75.1 31.8
Total Assets 11,304 11,215 11,097 10,906 10,480 10,218 10,605 10,251 10,145 10,573 9,810 9,146 8,572 8,607 8,534 8,324 8,447 8,481 8,420.8 8,124.1 7,779.9 7,772.5 7,809.9 7,318.1 7,519.2 7,151.1 7,097.1 7,112.3 7,144.9 8,500.5 8,390.3 7,809.8 7,914.9 7,864.0 7,486.7 7,097.5 6,844.6 6,760.4 6,633.6 6,633.6 6,600.6 4,417.7 4,262.6 3,836.0 3,645.5 3,432.5 3,283.5 2,200.3 1,832.6 1,819.4 1,613.8 1,551.3 1,558.1 1,517.1 1,281.4 1,201.8 1,181.2 1,231.1 1,184.3 1,170.9 1,172.3 1,204.1 1,168.9 1,145.7 1,140 962 950.4 836.3 759.1 803.9 604.3 484.8 438.6 628.9 434 414 303.7 296.9 190
Current Liabilities
Account Payables 1,043 1,154 1,035 918 908 962 1,026 867 879 1,020 953 817 855 1,004 957 901 914 1,053.9 1,057.1 903.9 909.6 1,005.7 1,007.0 735.0 780.9 880.3 854.7 745.6 695.2 785.8 1,136.1 1,117.9 1,020.7 1,153.0 1,029.1 882.7 843.8 1,007.2 931.1 881.7 809.1 504.2 483.3 521.1 435.6 426.1 514.8 287.7 258.7 278.2 228.5 213.9 243.2 260.2 200.2 169.6 176.7 216.5 198.7 183.6 184.1 199 185.6 165.7 175.2 169.9 183.2 163.6 116 138 116.9 72.1 64.4 120.7 71.8 65.2 56.2 65.1 45.2
Short-Term Debt 1,081 875 1,024 928 923 706 747 611 367 414 84 391 291 109 111 89 93 62 69.0 81.9 178.6 183.2 617.4 612.8 491.4 133.8 217.0 251.9 309.0 959.7 1,157.4 1,191.8 968.3 758.3 649.1 594.7 690.3 503.4 350.6 255.0 441.4 25.5 25.6 24.5 156.3 157.0 31.9 88.1 13.8 9.3 9.6 5.8 7.5 8.7 17.3 13.7 12.8 10.5 33.6 43.2 43.7 45.4 51.8 46.7 45.1 29 27.7 22 20 41.7 8.4 19.6 15 15.6 13.9 11.4 3.9 12.7 9.6
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 680 618 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 577.6 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 0 137.9 109.1 103.5 93.5 106 121.6 113.9 104.1 102 89.7 77.6 68.8 84.2 66.3 39.8 33.9 51 36.7 33.7 41.4 40.1 27
Total Current Liabilities 3,297 3,228 3,149 3,007 2,917 2,803 2,929 2,549 2,334 2,683 2,093 2,276 2,172 2,224 2,146 2,076 2,144 2,307 2,301.4 2,093.6 2,122.8 2,283.1 2,603.8 2,307.2 2,205.8 2,038.4 1,908.7 1,825.3 1,878.8 3,218.8 3,229.8 3,152.9 2,856.3 2,829.0 2,437.1 2,229.9 2,285.4 2,320.6 2,039.7 1,910.9 1,987.5 1,026.2 1,013.9 1,076.3 1,057.6 1,011.9 1,013.9 649.1 479.2 519.2 423.8 382.9 423.3 426.6 357.8 311.0 311.6 364.9 341.4 330.3 321.3 350.4 359 326.3 324.4 300.9 300.6 263.2 204.8 263.9 191.6 131.5 113.3 187.3 122.4 110.3 101.5 117.9 81.8
Non-Current Liabilities
Long-Term Debt 2,327 2,561 2,153 2,090 1,968 1,830 1,906 1,891 2,010 1,937 1,815 1,133 1,021 1,040 934 769 773 811 705.5 706.5 506.5 515.8 515.4 515.8 865.8 622.9 872.2 973.1 973.5 980.3 1,000.3 985.4 1,000.5 907.8 907.6 807.6 708.4 715.5 718.0 700.1 666.3 523.4 522.9 243.4 261.2 256.3 432.3 420.9 273.3 247.1 247.2 242.9 242.6 242.1 250.7 250.8 253.9 266.2 272.2 280.1 306.3 318.2 293.5 318.2 323.5 180.4 182 124.2 123.4 107 84 41.6 23.7 33.3 24.8 25.3 51.7 30.4 51.5
Deferred Tax Liabilities 158 146 144 147 135 102 123 115 77 54 91 50 40 36 37 33 40 42 37.2 46.5 42.3 30.1 32.4 56.9 73.2 65.0 68.6 72.2 76.8 27.2 45.9 48.1 54.5 50.4 91.8 89.8 79.1 51.6 143.6 248.3 257.9 187.6 173.3 101.0 96.5 86.1 71.9 54.6 0 32.9 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
Other Non-Current Liabilities 437 235 487 495 485 387 414 431 423 436 396 397 368 361 338 357 376 377 388.2 423.4 410.2 392.8 370.7 374.0 333.4 331.2 322.4 329.6 327.1 420.2 415.0 407.5 421.7 420.3 292.2 288.5 256.9 264.3 257.8 250.0 242.7 413.4 361.0 75.3 58.5 56.1 62.2 13.8 38.6 4.5 26.3 25.1 24.2 21.1 12.5 13.4 11.4 12.9 11.2 11.9 11.4 9.7 10.1 9.1 12.6 11.8 8.8 8.2 6.3 6.6 4 4.7 2.9 3.5 1.4 1.2 1.1 1.2 15.3
Total Non-Current Liabilities 3,185 3,193 3,048 3,000 2,844 2,578 2,705 2,698 2,776 2,737 2,616 1,864 1,703 1,712 1,580 1,435 1,466 1,498 1,401.2 1,419.7 1,207.5 1,177.3 1,119.1 1,110.1 1,435.4 1,195.3 1,445.8 1,553.1 1,564.7 1,427.8 1,461.3 1,441.0 1,476.7 1,378.5 1,291.6 1,185.9 1,044.4 1,031.3 1,119.4 1,198.4 1,166.8 1,124.5 1,057.2 419.7 416.3 398.6 566.4 489.3 311.9 284.5 273.5 268.0 266.8 263.2 263.1 264.2 265.3 279.2 283.4 292.0 317.7 327.9 303.6 327.3 336.1 192.2 190.8 132.4 129.7 113.6 88 46.3 26.6 36.8 26.2 26.5 52.8 31.6 66.8
Total Liabilities 6,482 6,421 6,197 6,007 5,761 5,381 5,634 5,247 5,110 5,420 4,709 4,140 3,875 3,936 3,726 3,511 3,610 3,805 3,702.6 3,513.3 3,330.3 3,460.4 3,722.9 3,417.4 3,641.3 3,233.7 3,354.4 3,378.4 3,443.5 4,646.6 4,691.1 4,593.9 4,332.9 4,207.4 3,728.7 3,415.8 3,329.8 3,352.0 3,159.0 3,109.3 3,154.3 2,150.7 2,071.1 1,495.9 1,473.9 1,410.5 1,580.3 1,138.5 791.1 803.7 697.3 650.9 690.1 689.9 620.9 575.2 576.9 644.0 624.8 622.3 639.0 678.3 662.6 653.6 660.5 493.1 491.4 395.6 334.5 377.5 279.6 177.8 139.9 224.1 148.6 136.8 154.3 149.5 148.6
Stockholders' Equity
Common Stock 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.6 0.8 0.8 1.6 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.4 0.4 0.9 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 3,287 3,293 3,375 3,485 3,626 3,771 3,766 3,803 3,838 3,860 3,897 3,769 3,684 3,678 3,922 3,834 3,759 3,595 3,594.2 3,465.6 3,493.1 3,454.8 3,314.1 3,172.4 3,183.2 3,116.2 2,957.8 2,900.4 2,859.2 3,208.6 3,191.3 3,123.4 2,998.3 2,940.0 3,164.5 3,135.0 3,068.2 2,981.8 2,996.8 3,010.5 2,933.8 1,637.5 1,553.5 1,492.6 1,309.8 1,236.3 926.8 575.1 552.2 533.7 463.5 451.3 430.4 399.4 285.3 260.1 239.2 225.0 212.3 196.1 179.2 167.8 152.3 140.7 127.4 119.1 113.8 105.4 98.2 99.6 52.2 50.5 40.8 89.7 31.7 26.4 22.2 19.7 30
Accumulated Other Comprehensive Income (189) (226) (222) (227) (317) (379) (264) (292) (239) (206) (247) (210) (213) (233) (312) (241) (168) (171) (137.6) (106.8) (136.3) (108.1) (171.3) (199.3) (227.6) (167.4) (195.4) (139.9) (149.9) (248.8) (219.6) (211.4) (97.9) (130.1) (154.5) (209.5) (281.8) (317.0) (222.2) (214.6) (209.7) (3.8) 29.3 64.2 45.6 (15.6) 80.9 19.6 19.8 24.9 11.9 (0.8) (5.0) (13.5) (20.9) (26.0) (23.8) (18.6) (24.5) (17.6) (14.3) (11) (9.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 3,266 3,245 3,361 3,445 3,310 3,393 3,503 3,512 3,600 3,655 3,651 3,560 3,472 3,446 3,611 3,594 3,592 3,425 3,458.0 3,360.3 3,358.2 3,348.2 3,155.3 2,991.1 2,974.6 2,998.0 2,829.5 2,827.3 2,796.9 2,961.3 2,973.1 2,913.5 2,902.0 2,811.5 3,011.6 2,926.3 2,787.2 2,793.1 2,895.3 2,947.7 2,913.7 2,266.8 2,191.4 2,161.5 2,096.4 1,951.6 1,673.6 1,048.6 1,029.5 1,004.1 907.0 891.3 861.2 820.2 654.4 619.6 597.0 579.1 552.2 540.3 526.3 517.9 499 485.2 473.2 463 457.2 438.6 422.3 424.2 322.9 304.6 293.6 399.5 280.4 272.9 145 142.9 39.6
Total Liabilities & Equity 11,304 11,215 11,097 10,906 10,480 10,218 10,605 10,251 10,145 10,573 9,810 9,146 8,572 8,607 8,534 8,324 8,447 8,481 8,420.8 8,124.1 7,779.9 7,772.5 7,809.9 7,318.1 7,519.2 7,151.1 7,097.1 7,112.3 7,144.9 8,500.5 8,390.3 7,809.8 7,914.9 7,864.0 7,486.7 7,097.5 6,844.6 6,760.4 6,633.6 6,633.6 6,600.6 4,417.7 4,262.6 3,836.0 3,645.5 3,432.5 3,283.5 2,200.3 1,832.6 1,819.4 1,613.8 1,551.3 1,558.1 1,517.1 1,281.4 1,201.8 1,181.2 1,231.1 1,184.3 1,170.9 1,172.3 1,204.1 1,168.9 1,145.7 1,140 962 950.4 836.3 759.1 803.9 604.3 484.8 438.6 628.9 434 414 303.7 296.9 190
Debt Metrics
Total Debt 3,749 3,687 3,441 3,358 3,224 2,870 2,992 2,838 2,718 2,741 2,287 1,882 1,659 1,497 1,388 1,208 1,219 1,217 1,122.1 1,106.7 1,002.3 1,002.4 1,396.3 1,353.6 1,583.4 998.3 1,339.1 1,471.6 1,538.3 1,940.1 2,157.7 2,177.2 1,968.8 1,666.1 1,556.7 1,402.3 1,398.8 1,218.9 1,068.6 955.0 1,107.6 548.9 548.5 267.9 417.5 413.3 464.2 509.0 287.1 256.4 256.8 248.7 250.0 250.9 268.0 264.5 266.6 276.7 305.8 323.3 350.0 363.6 345.3 364.9 368.6 209.4 209.7 146.2 143.4 148.7 92.4 61.2 38.7 48.9 38.7 36.7 55.6 43.1 61.1
Net Debt 3,611 3,531 3,305 3,213 3,097 2,748 2,866 2,700 2,559 2,570 2,121 1,745 1,533 1,380 1,265 1,100 1,093 1,099 1,003.0 939.4 857.7 581.2 862.8 1,057.5 966.0 892.3 1,263.9 1,386.7 1,450.2 1,883.2 2,037.9 2,065.9 1,869.6 1,491.4 1,476.8 1,327.7 1,335.9 1,156.5 992.4 891.5 1,036.0 227.8 193.1 (203.3) 23.6 105.1 256.7 402.7 214.0 99.1 135.6 61.7 49.4 101.6 160.1 188.7 228.5 218.3 268.5 277.4 332.6 337.6 306.2 339.8 355.3 181.2 193.6 130.7 131.2 136.9 75.8 40.9 21.8 3.1 (10.2) (56.2) 48.1 35.5 56.6
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
Operating Activities
Net Income 112 101 109 94 113 96 99 104 93 18 137 140 128 51 150 160 181 147 162 156 166 142.6 141.7 (10.8) 133.6 329.9 148.9 119.2 114.6 139.0 127.0 147.5 148.6 8.5 150.9 149.6 150.3 153.5 145.3 133.1 124.5 26.4 40.0 33.2 38.7 28.4 37.6 44.3 32.9 24.8 31.0 39.2 28.1 19.7 27.1 25.2 20.9 12.7 16.2 16.4 11.4 15.5 11.5 13.4 9.9 0.1 3 7.2 6 1 (8.8) 5.3 1.5 7.3 5.3 4.2 2.5
Depreciation & Amortization 81 82 80 76 73 76 74 74 73 42 69 59 52 52 52 53 55 59 52 50 49 47.0 44.6 47.0 49.0 48.7 46.9 49.1 40.3 52.5 51.5 51.5 52.1 51.8 48.7 47.8 44.7 44.0 42.4 42.4 41.0 14.2 15.1 13.2 10.3 9.6 10.9 8.8 8.6 8.5 8.2 7.1 7.2 5.8 9.4 9.2 7.6 9.8 8.1 8.0 7.9 5.8 7.8 7.7 7 6 6.6 3.8 3.6 5.6 4.2 2.3 2.3 2.2 2.2 1.8 1.7
Stock-Based Compensation 3 0 13 11 5 9 10 12 8 1 14 14 10 10 17 15 12 20 28 17 13 15.4 5.7 5.2 (17.5) 11.8 13.3 12.7 7.1 2.0 9.5 13.4 7.7 10.3 12.6 10.9 8.5 14.6 16.2 13.3 14.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (278) 173 (35) (61) (125) 7 (2) 120 15 (287) (127) 108 (171) 48 (186) (45) 33 50 (224) (104) (4) 49.8 (202.2) (125.0) (75.9) (4.6) 27.1 (16.7) (101.6) 143.9 (18.1) 76.8 (285.4) 4.3 (91.6) 20.7 (265.2) 66.3 (25.9) 95.2 (290.7) (19.3) 29.9 (65.5) 27.5 (59.7) 60.9 (83.7) 8.5 (51.5) 23.7 6.2 14.9 (64.3) 66.6 6.0 12.7 38.4 (8.4) 31.3 (11.1) (17) 15 (7.1) (27.7) (25.4) (16.1) 7.6 (18.5) (35.9) 0.8 (9) (21.4) (13.7) (23.9) (6.6) (19.8)
Other Non-Cash Items (16) 20 (7) 3 (24) 34 (8) 6 4 194 138 (47) 5 135 65 (26) (188) 1 193 40 (161) 95.0 271.5 (7.1) 0.3 (93.2) 2.5 3.4 (105.4) 5.0 4.3 5.1 (1.0) 26.9 5.5 5.6 6.5 7.0 7.4 0.4 1.2 23.1 1.3 0.7 1.6 0.8 2.8 4.5 3.3 2.0 3.8 1.6 0.6 1.7 4.4 11.8 1.1 6.4 5.2 0.9 1.2 0.1 (0.3) 2.2 (1) 20.5 3.3 (0.7) (4.5) 16 0.1 2.2 0.5 2.9 0.5 (0.1) (0.6)
Operating Cash Flow (97) 381 174 120 37 204 151 296 197 (32) 231 274 27 254 98 157 93 277 211 159 63 349.8 261.3 (90.7) 90.5 292.6 232.0 163.2 (33.7) 294.0 173.9 287.8 (70.9) 238.0 131.4 228.7 (52.6) 264.5 178.1 274.4 (101.5) 41.0 87.9 (15.3) 81.0 (20.3) 110.8 (22.9) 55.1 (14.1) 69.0 52.3 52.2 (38.8) 111.8 49.8 41.4 67.9 19.8 56.5 8.9 4.4 38.3 18.5 (13.2) 3.3 (5.9) 18.8 (13.5) (17.6) (4.2) 1.9 (17.3) (1.3) (15.9) (1.3) (16)
Investing Activities
Capital Expenditure (39) (43) (33) (32) (43) (45) (34) (48) (50) (39) (40) (37) (31) (29) (24) (24) (19) (30) (17) (18) (14) (11.0) (7.2) (7.6) (23.0) (27.3) (18.2) (14.8) (15.9) (28.8) (23.1) (20.5) (18.3) (26.2) (18.4) (19.7) (17.3) (25.7) (18.3) (13.6) (12.6) (14.2) (13.9) (8.1) (8.1) (5.7) (9.9) (7.7) (7.8) (13.5) (11.3) (8.1) (10.5) (17.6) (16.1) (17.0) (6.8) (10.2) (7.9) (5.5) (6.0) (18.3) (9.7) (10.3) (128.8) (7.8) (18.2) (10.3) (11.1) (39.3) (4.9) (3) (2.4) (2.6) (3.3) (3.3) (2)
Acquisitions (24) (85) (13) (54) (51) (7) (86) (278) (114) 0 0 0 (1) (31) (120) (2) (5) (579) 0 0 0 0 0 0 (37.9) 0 (34.7) (18.5) (593.5) (13.2) (37.8) (0.8) (8.7) 4.2 (109.2) (137.8) (11.8) (102.0) (34.1) (39.9) (52.6) (3.8) (15.7) (39.0) (45.4) (90.4) (50.4) (1.0) (64.5) (2.3) (1.3) 0 (6.7) (28.1) (8.3) 0 0 0 (5.7) (0.7) (0.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 (2) 0 0 0 0 0 0 0 0 0 0 0 (37.9) 0 (34.7) (18.5) (604.0) (14.2) (37.8) (0.8) (8.7) (29.9) (109.2) (137.8) (11.8) (102.0) (34.1) (39.9) (52.6) 0 0 0 0 0 (0.5) (17.9) (17.1) (4.1) (4.9) (29.7) (10.2) (10.5) 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 0 0 0 0 0 2 1 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 37.9 0 34.7 18.5 10.5 1 37.8 0.8 8.7 34.0 109.2 137.8 11.8 102.0 34.1 39.9 52.6 0 0 0 0 14.5 21.4 29.7 2.1 26.4 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
Other Investing Activities (14) (3) (12) (2) (17) (15) (5) (2) (3) (288) (428) (264) (7) (5) (8) (6) (3) 411 (121) (100) (209) (10.0) (17.1) (8.5) (4.7) 296.3 (2.9) (5.8) 604.3 8.7 (10.8) (17.3) (8.2) (3.6) 107.4 138.4 (5.5) (8.9) 27.1 4.1 (5.8) 13.9 20.4 (6.8) (55.6) (6.3) (0.3) (2.5) 3.3 (1.5) (0.7) (2.5) (0.3) (0.3) 2.2 (1.9) (0.0) (7.3) (3.5) 1.6 (0.5) (8.1) 2.5 2.2 6.4 10.6 (4.1) (4.7) (3.1) 38.8 (31.1) (8.3) (4.9) (4.3) (25.2) (6.7) (1.7)
Investing Cash Flow (63) (145) (58) (102) (99) (58) (135) (326) (166) (327) (468) (301) (39) (65) (152) (32) (27) (198) (138) (118) (223) (21.1) (24.3) (16.0) (65.6) 269.0 (55.8) (39.0) (598.6) (46.6) (71.7) (39.5) (35.2) (21.5) (129.4) (156.7) (34.7) (136.6) (59.4) (49.4) (71.0) (4.0) (9.2) (54.0) (109.1) (87.9) (39.7) 0.5 (83.9) 5.1 (18.3) (40.3) (27.7) (56.5) (22.1) (18.9) (6.8) (17.5) (17.1) (4.6) (7.0) (26.4) (7.2) (8.1) (122.4) 2.8 (22.3) (15) (14.2) (0.5) (36) (11.3) (7.3) (6.9) (28.5) (10) (3.7)
Financing Activities
Net Debt Issuance 301 10 72 119 350 (112) 146 125 30 199 659 12 162 101 (1) (4) (53) 105 (2) (102) (18) (1.0) (0.9) (349.7) 241.5 (250.7) (136.0) (58.9) (6.6) (0.3) (19.5) (16.7) 304.7 0.2 100.1 1.3 177.7 (5.3) 108.8 (159.0) 202.4 (3.7) (4.1) (0.5) 91.1 24.2 (2.3) (0.6) (4.0) (1.9) (1.9) 1.4 (2.1) (11.9) (6.0) 1.8 (0.7) (33.7) (13.7) (25.0) (12.1) 152.4 (19.3) 2.7 120.4 2.2 27.2 (1.8) 25.7 7.8 53.8 14.8 (2.7) 1.3 (4.8) (27.2) 20.2
Stock Repurchased (125) (200) (203) (286) (161) (75) (135) (100) (75) (50) (51) (53) (100) (285) (91) (113) (26) (151) (49) (114) (95) (0.3) (0.3) (0.6) (73.8) (200.1) (98.2) (76.8) (150) (85.9) (60.8) (53.4) (15.0) (225.0) (125.0) (50) (50.0) (200.0) (193.0) (57.0) (100.0) (6.1) (4.7) (16.3) (34.9) (11.1) (4.0) (11.6) (39.7) (6.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.5) 0 (0.3) (0.3) (0.1) (0.1) 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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) (0.5) (0.5) 0 0 0 0
Other Financing Activities (57) (19) 6 (23) (100) (17) (9) (23) (12) 245 (360) 79 (11) (10) 166 (16) 17 (33) (64) 197 (7) (449.7) 3.5 119.8 324.2 (86.0) 44.5 14.2 798.4 (199.1) (16.0) (179.9) (261.9) 96.1 25.5 (16.4) (3.4) 76.2 (22.9) (21.4) 66.6 (3.7) (0.2) (0.4) (0.2) (0.3) (0.0) (0.0) (0.2) 0.1 1.9 (2.3) (0.0) (0.4) 0.2 (0.2) 0.2 (0.7) 0.1 0.9 0.1 (140.4) (0.3) (2.9) (3.2) 0.2 (3.8) (0.9) 2.6 (2.7) 1 (1.4) (1.2) (0.3) 4.4 123.7 (0.5)
Financing Cash Flow 120 (208) (125) 60 89 (204) 3 3 (57) 394 248 38 21 (194) 74 (133) (62) (79) (115) (19) (120) (451.0) 2.3 (230.4) 491.9 (536.8) (189.8) (121.6) 632.1 (285.3) (96.2) (250.0) 27.8 (128.6) 0.6 (68.2) 83.7 (129.1) (105.8) (234.5) 169.1 (7.3) (0.9) (6.3) 61.2 25.4 (2.4) (5.2) (37.1) (3.7) 1.3 5.3 17.2 (5.2) (4.0) 3.6 3.0 (29.0) (13.3) (24.0) (11.6) 17 (17.2) 1.3 120.8 6.1 24.6 (0.4) 32.1 8.7 35 12.9 (2.3) 0.9 0.5 96.5 19.7
Cash Position
Net Change in Cash (18) 20 (9) 18 5 (4) (12) (21) (12) 5 29 11 9 (6) 15 (18) 8 (1) (48) 23 (277.2) (112.3) 237.4 (321.3) 511.3 30.8 (9.7) (3.2) 31.2 (39.5) 8.4 12.1 (75.4) 94.8 5.2 11.8 0.5 (13.8) 12.6 (8.1) (0.5) 33.0 72.4 (71.9) 33.3 (84.3) 64.5 (28.3) (65.8) (13.7) 51.4 16.8 39.1 (99.9) 85.5 32.0 37.7 21.1 (8.7) 28.5 (8.6) (13.1) 13.9 11.7 (14.8) 12.2 (3.6) 3.4 4.4 (9.4) (5.2) 3.5 (26.9) (7.3) (43.9) 85.2 0
Cash at Beginning 156 136 145 127 122 126 138 159 171 166 137 126 117 123 108 126 118 119 167 144 421.2 533.5 296.1 617.4 106.1 75.3 84.9 88.1 56.9 119.7 111.3 99.2 174.7 79.9 74.7 62.9 62.4 76.2 63.6 71.6 72.1 187.1 114.7 186.6 73.1 157.4 92.9 121.2 187.0 200.7 149.3 132.5 93.4 193.4 107.9 75.8 38.1 37.2 45.9 17.4 26.0 39.1 25.2 0 28.2 0 0 0 7.8 17.2 0 0 43.8 0 0 0 7.6
Cash at End 138 156 136 145 127 122 126 138 159 171 166 137 126 117 123 108 126 118 119 167 144 421.2 533.5 296.1 617.4 106.1 75.3 84.9 88.1 80.2 119.7 111.3 99.2 174.7 79.9 74.7 62.9 62.4 76.2 63.6 71.6 220.1 187.1 114.7 106.3 73.1 157.4 92.9 121.2 187.0 200.7 149.3 132.5 93.4 193.4 107.9 75.8 58.4 37.2 45.9 17.4 26 39.1 11.7 13.4 12.2 (3.6) 3.4 12.2 7.8 (5.2) 3.5 16.9 (7.3) (43.9) 85.2 7.6
Free Cash Flow (136) 338 141 88 (6) 159 117 248 147 (71) 191 237 (4) 225 74 133 74 247 194 141 49 338.8 254.1 (98.3) 67.5 265.3 213.8 148.4 (49.7) 265.1 150.8 267.4 (89.2) 211.8 113.0 209.1 (69.9) 238.9 159.7 260.8 (114.1) 26.8 74.0 (23.4) 72.9 (26.0) 100.8 (30.7) 47.3 (27.6) 57.7 44.1 41.6 (56.4) 95.7 32.8 34.5 57.7 11.8 51.0 2.8 (13.9) 28.6 8.2 (142) (4.5) (24.1) 8.5 (24.6) (56.9) (9.1) (1.1) (19.7) (3.9) (19.2) (4.6) (18)
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 3,368 3,437 3,339 3,240 3,168 3,191 3,174 3,136 3,172 3,017 3,162 3,100 3,060 3,371 3,067 3,030 3,179 3,330.5 3,178.3 2,967.2 2,925.0 3,165.7 2,840.1 1,684.4 2,428.9 2,668.9 2,508.8 2,447.8 2,360.3 3,375.2 3,279.7 3,326.7 3,220.4 3,318.1 3,161.1 3,059.5 2,922.9 3,120.9 2,865.1 2,872.6 2,713.0 2,850.9 2,685.8 2,629.3 2,463.6 2,702.1 2,623.7 2,615.4 2,430.2 2,526.4 2,349.0 2,391.8 2,293.5 2,408.4 2,231.1 2,201.5 2,099.0 2,340.1 2,111.7 2,130.6 1,947.8 2,023.6 1,893.5 1,849.4 1,760.3 1,786.1 1,659.4 1,611.0 1,488.6 1,573.5 1,650.8 1,645.0 1,525.6 1,717.5 1,505.6 1,387.0 1,334.1 1,498.9 1,272.0 1,220.4 1,161.8 1,343.1 1,125.4 1,141.6 1,101.4 1,194.3 1,033.6 945.7 886.6 946.9 776.2 747.4 671.4 698.3 606.3 593.9 656.7 603.0 568.2 553.8
Gross Profit 1,070 994 958 952 938 930 929 955 951 867 936 926 922 954 869 900 926 979.5 912.1 889.8 890.9 859.7 754.3 454.3 746.0 810.6 761.2 767.4 751.7 750.9 722.4 718.3 719.1 901.0 836.1 839.2 822.9 861.9 789.5 803.3 779.3 799.3 748.9 750.7 713.4 764.5 721.7 728.5 696.7 699.5 639.6 669.9 647.0 663.5 609.0 624.4 610.6 652.6 587.4 612.2 565.8 574.7 537.5 545.6 513.0 526.3 476.3 478.5 441.0 466.3 478.6 488.4 451.2 484.1 429.3 413.8 393.0 422.0 361.0 359.5 337.6 377.5 316.7 324.4 306.2 319.8 274.0 251.7 230.8 253.7 220.5 207.6 192.4 194.2 166.9 159.4 120.6 193.2 190.8 177.1
Operating Income 182 186 206 175 202 192 205 174 160 60 211 219 205 193 221 220 244 203.1 210.6 210.9 232.9 185.6 194.7 8.5 178.7 195.3 186.4 174.2 177.1 192.6 170.3 165.6 164.9 241.2 213.5 210.7 194.0 230.1 206.1 180.7 176.2 200.7 188.9 183.0 161.4 202.9 174.1 180.8 157.3 186.9 160.5 176.1 153.6 181.3 149.6 154.7 133.3 163.4 143.3 151.2 124.3 142.0 137.4 138.0 103.8 137.6 113.9 122.3 90.9 105.7 115.3 113.4 85.2 125.0 96.7 90.9 73.9 104.6 62.7 76.7 60.9 89.2 63.1 70.5 57.2 50.0 53.2 63.6 46.3 59.1 56.0 50.5 47.0 43.0 35.3 1.2 38.2 34.3 31.6 23.5
Net Income 107 101 101 86 110 94 99 104 93 18 137 140 121 47 150 160 181 147.2 155.0 155.7 166.0 141.1 141.7 (10.8) 130.3 143.1 140.6 114.5 109.8 133.0 121.5 141.2 140.2 (8.5) 138.0 136.1 140.7 139.2 133.7 120.1 113.8 129.9 127.7 117.9 103.4 133.0 114.8 116.2 102.1 124.3 107.4 108.4 91.5 112.5 96.8 98.1 80.8 104.7 92.0 94.5 76.5 93.0 87.9 84.0 60.9 86.4 96.4 73.5 54.9 56.9 67.5 64.6 51.4 78.3 59.6 33.8 43.4 63.0 39.3 45.2 16.3 51.7 23.3 37.8 30.9 29.6 31.5 38.7 28.4 35.5 32.9 31.0 28.1 27.1 20.9 14.1 12.7 16.2 16.4 11.4
EPS (Diluted) 0.92 0.85 0.84 0.70 0.88 0.74 0.78 0.80 0.72 0.14 1.05 1.06 0.91 0.35 1.09 1.15 1.30 1.05 1.10 1.10 1.16 0.98 0.99 -0.08 0.91 2.24 0.95 0.77 0.73 0.87 0.79 0.92 0.91 -0.06 0.87 0.86 0.88 0.87 0.82 0.73 0.69 0.78 0.76 0.70 0.61 0.78 0.67 0.68 0.59 0.72 0.62 0.62 0.52 0.63 0.54 0.54 0.45 0.57 0.50 0.51 0.41 0.50 0.47 0.45 0.33 0.47 0.53 0.41 0.31 0.31 0.37 0.35 0.28 0.43 0.33 0.19 0.24 0.35 0.22 0.25 0.09 0.29 0.13 0.21 0.18 0.17 0.18 0.22 0.16 0.20 0.19 0.17 0.16 0.08 0.06 0.04 0.04 0.05 0.05 0.04
Balance Sheet
Cash & Equivalents 138 156 136 145 127 122 126 138 159 171 166 137 126 117 123 108 126 118 119.1 167.2 144.5 421.2 533.5 296.1 617.4 106.1 75.3 84.9 88.1 56.9 119.7 111.3 99.2 174.7 79.9 74.7 62.9 62.4 76.2 63.6 71.6 321.1 355.4 471.2 393.9 308.2 207.5 106.3 73.1 157.4 121.2 187.0 200.7 149.3 107.9 75.8 38.1 58.4 37.2 45.9 17.4 26 39.1 25.1 13.3 28.2 16.1 15.5 12.2 11.8 16.6 20.3 16.9 45.8 48.9 92.9 7.5 7.6 4.5
Total Assets 11,304 11,215 11,097 10,906 10,480 10,218 10,605 10,251 10,145 10,573 9,810 9,146 8,572 8,607 8,534 8,324 8,447 8,481 8,420.8 8,124.1 7,779.9 7,772.5 7,809.9 7,318.1 7,519.2 7,151.1 7,097.1 7,112.3 7,144.9 8,500.5 8,390.3 7,809.8 7,914.9 7,864.0 7,486.7 7,097.5 6,844.6 6,760.4 6,633.6 6,633.6 6,600.6 4,417.7 4,262.6 3,836.0 3,645.5 3,432.5 3,283.5 2,200.3 1,832.6 1,819.4 1,613.8 1,551.3 1,558.1 1,517.1 1,281.4 1,201.8 1,181.2 1,231.1 1,184.3 1,170.9 1,172.3 1,204.1 1,168.9 1,145.7 1,140 962 950.4 836.3 759.1 803.9 604.3 484.8 438.6 628.9 434 414 303.7 296.9 190
Total Debt 3,749 3,687 3,441 3,358 3,224 2,870 2,992 2,838 2,718 2,741 2,287 1,882 1,659 1,497 1,388 1,208 1,219 1,217 1,122.1 1,106.7 1,002.3 1,002.4 1,396.3 1,353.6 1,583.4 998.3 1,339.1 1,471.6 1,538.3 1,940.1 2,157.7 2,177.2 1,968.8 1,666.1 1,556.7 1,402.3 1,398.8 1,218.9 1,068.6 955.0 1,107.6 548.9 548.5 267.9 417.5 413.3 464.2 509.0 287.1 256.4 256.8 248.7 250.0 250.9 268.0 264.5 266.6 276.7 305.8 323.3 350.0 363.6 345.3 364.9 368.6 209.4 209.7 146.2 143.4 148.7 92.4 61.2 38.7 48.9 38.7 36.7 55.6 43.1 61.1
Stockholders' Equity 3,266 3,245 3,361 3,445 3,310 3,393 3,503 3,512 3,600 3,655 3,651 3,560 3,472 3,446 3,611 3,594 3,592 3,425 3,458.0 3,360.3 3,358.2 3,348.2 3,155.3 2,991.1 2,974.6 2,998.0 2,829.5 2,827.3 2,796.9 2,961.3 2,973.1 2,913.5 2,902.0 2,811.5 3,011.6 2,926.3 2,787.2 2,793.1 2,895.3 2,947.7 2,913.7 2,266.8 2,191.4 2,161.5 2,096.4 1,951.6 1,673.6 1,048.6 1,029.5 1,004.1 907.0 891.3 861.2 820.2 654.4 619.6 597.0 579.1 552.2 540.3 526.3 517.9 499 485.2 473.2 463 457.2 438.6 422.3 424.2 322.9 304.6 293.6 399.5 280.4 272.9 145 142.9 39.6
Cash Flow
Operating Cash Flow (97) 381 174 120 37 204 151 296 197 (32) 231 274 27 254 98 157 93 277 211 159 63 349.8 261.3 (90.7) 90.5 292.6 232.0 163.2 (33.7) 294.0 173.9 287.8 (70.9) 238.0 131.4 228.7 (52.6) 264.5 178.1 274.4 (101.5) 41.0 87.9 (15.3) 81.0 (20.3) 110.8 (22.9) 55.1 (14.1) 69.0 52.3 52.2 (38.8) 111.8 49.8 41.4 67.9 19.8 56.5 8.9 4.4 38.3 18.5 (13.2) 3.3 (5.9) 18.8 (13.5) (17.6) (4.2) 1.9 (17.3) (1.3) (15.9) (1.3) (16)
Capital Expenditure (39) (43) (33) (32) (43) (45) (34) (48) (50) (39) (40) (37) (31) (29) (24) (24) (19) (30) (17) (18) (14) (11.0) (7.2) (7.6) (23.0) (27.3) (18.2) (14.8) (15.9) (28.8) (23.1) (20.5) (18.3) (26.2) (18.4) (19.7) (17.3) (25.7) (18.3) (13.6) (12.6) (14.2) (13.9) (8.1) (8.1) (5.7) (9.9) (7.7) (7.8) (13.5) (11.3) (8.1) (10.5) (17.6) (16.1) (17.0) (6.8) (10.2) (7.9) (5.5) (6.0) (18.3) (9.7) (10.3) (128.8) (7.8) (18.2) (10.3) (11.1) (39.3) (4.9) (3) (2.4) (2.6) (3.3) (3.3) (2)
Free Cash Flow (136) 338 141 88 (6) 159 117 248 147 (71) 191 237 (4) 225 74 133 74 247 194 141 49 338.8 254.1 (98.3) 67.5 265.3 213.8 148.4 (49.7) 265.1 150.8 267.4 (89.2) 211.8 113.0 209.1 (69.9) 238.9 159.7 260.8 (114.1) 26.8 74.0 (23.4) 72.9 (26.0) 100.8 (30.7) 47.3 (27.6) 57.7 44.1 41.6 (56.4) 95.7 32.8 34.5 57.7 11.8 51.0 2.8 (13.9) 28.6 8.2 (142) (4.5) (24.1) 8.5 (24.6) (56.9) (9.1) (1.1) (19.7) (3.9) (19.2) (4.6) (18)