Humana Inc. logo HUM - Humana Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 15
HOLD 27
SELL 2
STRONG
SELL 0
| PRICE TARGET: $274.00 DETAILS
HIGH: $441.00
LOW: $180.00
MEDIAN: $260.00
CONSENSUS: $274.00
DOWNSIDE: 11.02%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 39,648 32,515 32,649 32,388 32,112 29,213 29,397 29,540 29,611 26,462 26,423 26,747 26,742 22,439 22,799 23,662 23,970 21,022 21,756 20,645 20,668 19,062 20,075 19,083 18,935 16,311 16,251 16,255 16,116 14,168 14,206 14,259 14,279 13,189 13,282 13,534 13,762 12,878 13,694 14,007 13,800 13,361 13,363 13,732 13,833 12,328 12,238 12,222 11,712 10,187 10,319 10,321 10,486 9,557 9,651 9,699 10,219 9,056.5 9,301 9,284 9,191 8,350.2 8,350.8 8,589.2 8,380.3 7,633.0 7,716.8 7,898.9 7,711.7 7,487.6 7,148.2 7,350.9 6,959.7 6,338.8 6,319.6 6,426.8 6,204.8 5,655.2 5,649.8 5,407.2 4,704.4 3,663.1 3,821.5 3,546.4 3,387.2 3,209.6 3,176.3 3,431.5 3,286.9 3,152.9 3,030.0 2,855.0 2,831.9 2,622.9 2,470.3 2,443.2 2,560 2,616 2,696 2,642
Cost of Revenue 33,707 28,721 27,991 27,565 26,535 25,381 25,120 25,039 25,124 22,782 21,745 22,009 21,858 18,582 18,384 19,099 19,625 17,438 17,316 17,149 17,296 16,213 15,611 14,144 15,599 13,664 13,325 13,287 13,464 11,402 11,214 11,506 11,631 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 5,941 3,794 4,658 4,823 5,577 3,832 4,277 4,501 4,487 3,680 4,678 4,738 4,884 3,857 4,415 4,563 4,345 3,584 4,440 3,496 3,372 2,849 4,464 4,939 3,336 2,647 2,926 2,968 2,652 2,766 2,992 1,891 1,888 0 0 0 0 0 0 14,007 13,800 13,361 13,363 13,732 13,833 12,328 12,238 12,222 11,712 10,187 10,319 10,321 10,486 9,557 9,651 9,699 10,219 9,056.5 9,301 9,284 9,191 8,350.2 8,350.8 8,589.2 8,380.3 7,633.0 7,716.8 7,898.9 7,711.7 7,487.6 7,148.2 7,350.9 6,959.7 6,338.8 6,319.6 6,426.8 6,204.8 5,655.2 5,649.8 5,407.2 4,704.4 3,663.1 3,821.5 3,546.4 3,387.2 3,209.6 3,176.3 3,431.5 3,286.9 3,152.9 3,030.0 2,855.0 2,831.9 2,622.9 2,470.3 2,443.2 2,560 2,616 2,696 2,642
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,699 1,734 1,868 1,688 1,817 1,945 2,121 1,898 1,835 1,785 1,908 1,540 1,461 1,446 1,655 1,408 1,384 1,383 1,585.1 1,361 1,193 1,256 1,299.8 1,002.4 1,093.7 1,060.9 1,111.6 1,047.8 1,004.3 1,063.8 1,098.9 979.2 916.0 950.4 1,000.4 829.0 826.5 820.6 817.0 729.7 733.9 740.9 605.0 616.1 490.9 479.0 461.2 460.2 486.9 469.6 486.8 448.5 460.7 414.4 412.1 365.1 368.8 363 382 363 353
Other Expenses 4,362 4,819 4,550 4,101 3,929 4,731 3,642 3,600 3,497 4,295 3,592 3,486 3,287 3,933 3,115 3,439 3,129 3,648 2,789 2,725 2,311 3,301 2,674 2,328 2,611 2,056 2,037 1,727 1,903 2,328 2,082 (53) (53) 0 0 0 0 (2,115) (1,845) 11,672 11,566 11,247 11,027 11,122 11,144 9,920 9,789 9,741 9,241 8,328 8,193 8,206 8,310 7,620 7,568 7,751 8,446 7,158.4 7,241 7,365 7,438 6,876.0 6,726.1 6,959.7 6,902.6 6,122.7 6,199.7 6,454.6 6,354.1 6,127.6 5,886.1 6,109.8 5,885.3 4,979.4 5,012.1 5,260.7 5,272.0 4,597 4,670.7 4,533.0 3,832.3 2,958.9 3,138.7 2,930.6 2,791.5 2,685.2 2,588.6 2,822.2 2,714.5 2,566.3 2,477.2 2,396.9 2,350.8 2,155.7 6.8 7.7 2,163 7 2,309 8
Operating Expenses 4,362 4,819 4,550 4,101 3,929 4,731 3,642 3,600 3,497 4,295 3,592 3,486 3,287 3,933 3,115 3,439 3,129 3,648 2,789 2,725 2,311 3,301 2,674 2,328 2,611 2,056 2,037 1,727 1,903 2,328 2,082 1,891 1,888 0 0 0 0 2,115 1,845 13,371 13,300 13,115 12,715 12,939 13,089 12,041 11,687 11,576 11,026 10,236 9,733 9,667 9,756 9,275 8,976 9,135 9,829 8,743.5 8,602 8,558 8,694 8,175.8 7,728.5 8,053.4 7,963.4 7,234.3 7,247.5 7,458.9 7,417.9 7,226.6 6,865.3 7,025.8 6,835.8 5,979.8 5,841.1 6,087.2 6,092.6 5,414.0 5,400.4 5,266.8 4,573.2 3,563.9 3,754.8 3,421.5 3,270.5 3,146.4 3,048.8 3,309.1 3,184.2 3,053.2 2,925.8 2,857.5 2,765.2 2,567.8 371.9 376.5 2,526 389 2,672 361
Operating Income
Operating Income 1,579 (1,025) 108 722 1,648 (899) 635 901 990 (615) 1,086 1,252 1,597 (76) 1,300 1,124 1,216 (64) 1,651 771 1,061 (452) 1,790 2,611 725 591 889 1,241 749 438 910 862 760 577 858 1,100 791 (438) 949 636 500 246 648 793 744 287 551 646 686 (49) 586 654 730 282 675 564 390 313.0 699 726 497 174.5 622.3 535.9 416.9 398.7 469.3 439.9 293.8 261.0 282.9 325.0 123.9 359.0 478.5 339.6 112.2 241.2 249.4 140.3 131.2 99.2 66.7 124.8 116.7 63.3 127.5 122.4 102.8 99.7 104.2 (2.5) 66.7 55.1 2,098.4 2,066.7 34 2,227 24 2,281
Interest Expense 193 146 168 157 160 164 169 168 159 146 114 120 113 108 102 101 90 91 88 79 68 72 75 76 60 58 62 60 62 59 53 53 53 76 59 58 49 48 47 47 47 46 47 47 46 84 38 35 35 35 35 35 35 27 26 26 26 27.0 27 28 27 26.4 26.1 26.2 26.3 26.2 26.3 26.6 26.8 26.7 19.3 17.9 16.3 18.9 15.9 16.1 17.9 15.8 17.0 16.9 13.4 10.3 10.1 10.3 8.5 6.6 6.5 5.3 4.7 4.9 3.8 4.4 4.4 5.3 6.8 7.7 7 7 7 8
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,966 (685) 480 1,090 2,023 (495) 1,047 1,312 1,391 (231) 1,435 1,598 1,928 249 1,616 1,434 1,511 221 1,920 1,020 1,297 (220) 2,026 2,837 930 789 1,110 1,441 947 631 1,094 790 0 566 858 1,100 1,738 (321) 1,283 799 662 404 802 954 904 495 701 787 828 100 727 793 867 409 779 672 494 417.9 800 829 600 267.2 713.0 631.4 506.0 494.6 557.7 527.0 378.5 347.6 358.3 396.3 191.2 426.2 536.7 409.9 170.2 296.4 304.1 193.8 179.6 143.3 110.9 166.9 154.5 103.0 165.2 154.8 133.8 131.2 136.4 32.0 101.3 112.4 45.8 46.5 79 45 68 42
EBIT 1,772 (879) 276 879 1,808 (735) 804 1,069 1,149 (469) 1,200 1,372 1,710 32 1,402 1,225 1,306 27 1,739 850 1,129 (380) 1,865 2,687 785 649 951 1,301 811 497 963 202 899 566 858 1,100 1,738 (438) 949 683 547 292 695 840 790 371 589 681 721 (14) 621 689 765 309 701 590 416 340.0 726 754 524 200.9 648.4 562.1 443.2 424.9 495.6 466.5 320.5 287.8 302.2 342.9 140.3 377.9 494.4 355.7 130.1 257.0 266.4 157.2 144.6 109.5 76.8 135.2 125.2 69.9 134.0 127.7 107.5 104.6 108.0 1.9 71.1 60.4 6.8 7.7 41 7 31 8
Income Before Tax 1,579 (1,025) 108 722 1,648 (899) 635 901 990 (615) 1,086 1,252 1,597 (76) 1,300 1,124 1,216 (64) 1,651 771 1,061 (452) 1,790 2,611 725 591 889 1,241 749 438 910 19 707 490 799 1,042 1,689 (486) 902 636 500 246 648 793 744 287 551 646 686 (49) 586 654 730 282 675 564 390 313.0 699 726 497 174.5 622.3 535.9 416.9 398.7 469.3 439.9 293.8 261.0 282.9 325.0 123.9 359.0 478.5 339.6 112.2 241.2 249.4 140.3 131.2 99.2 66.7 124.8 116.7 63.3 127.5 122.4 102.8 99.7 104.2 (2.5) 66.7 55.1 0 0 34 0 24 0
Income Tax Expense 395 (249) (86) 179 406 (216) 155 223 251 (75) 256 296 359 (58) 107 427 286 (51) 120 183 233 (178) 450 783 252 79 200 301 183 83 266 (174) 216 306 300 392 574 (85) 452 325 246 145 334 362 314 142 261 302 318 (19) 218 234 257 90 249 208 142 114.2 254 266 182 67.2 229.1 195.8 158.2 148.0 167.8 158.2 88.0 87.0 99.9 115.1 43.8 115.8 176.1 122.7 41.0 86.2 90.2 50.8 47.5 34.6 19.9 43.4 9.9 16.1 43.2 41.6 34.9 33.4 34.9 (0.8) 21.3 19.9 14.1 15.0 7 6 5 6
Net Income 1,186 (796) 195 545 1,244 (693) 480 679 741 (541) 832 959 1,239 (15) 1,195 696 930 (14) 1,531 588 828 (274) 1,340 1,828 473 512 689 940 566 355 644 193 491 184 499 650 1,115 (401) 450 311 254 101 314 431 430 145 290 344 368 (30) 368 420 473 192 426 356 248 198.8 445 460 315 107.3 393.2 340.1 258.8 250.7 301.5 281.8 205.7 174.1 183.0 209.9 80.2 243.2 302.4 216.8 71.2 155.0 159.2 89.5 83.7 64.6 46.8 81.4 106.7 47.1 84.3 80.8 67.8 66.3 69.3 (1.7) 45.4 35.2 25.1 26.7 27 23 19 21
Per Share Data
EPS (Basic) 9.85 -6.61 1.62 4.52 10.31 -5.75 3.99 5.64 6.13 -4.42 6.74 7.70 9.91 -0.12 9.44 5.50 7.32 -0.11 11.91 4.57 6.42 -2.07 10.13 13.82 3.58 3.87 5.17 6.96 4.18 2.60 4.68 1.40 3.56 1.30 3.46 4.50 7.54 -2.68 3.01 2.08 1.70 0.68 2.11 2.88 2.86 0.96 1.88 2.21 2.37 -0.19 2.34 2.66 2.98 1.21 2.65 2.19 1.51 1.22 2.71 2.76 1.88 0.65 2.35 2.02 1.54 1.49 1.80 1.68 1.23 1.04 1.10 1.26 0.48 1.45 1.81 1.30 0.43 0.94 0.97 0.55 0.51 0.46 0.29 0.50 0.66 0.30 0.53 0.50 0.42 0.38 0.44 -0.01 0.28 0.21 0.15 0.16 0.16 0.14 0.11 0.13
EPS (Diluted) 9.83 -6.61 1.62 4.51 10.30 -5.76 3.98 5.63 6.11 -4.42 6.71 7.66 9.87 -0.12 9.39 5.48 7.29 -0.11 11.84 4.55 6.39 -2.07 10.05 13.75 3.56 3.84 5.14 6.94 4.16 2.58 4.65 1.39 3.53 1.29 3.44 4.46 7.49 -2.68 2.98 2.06 1.68 0.66 2.09 2.85 2.82 0.95 1.85 2.19 2.35 -0.20 2.31 2.63 2.95 1.18 2.62 2.16 1.49 1.20 2.67 2.71 1.86 0.63 2.32 2.00 1.52 1.48 1.78 1.67 1.22 1.04 1.09 1.24 0.47 1.43 1.78 1.28 0.42 0.92 0.95 0.53 0.50 0.45 0.28 0.49 0.65 0.29 0.52 0.50 0.41 0.37 0.43 -0.01 0.27 0.21 0.15 0.16 0.16 0.14 0.11 0.13
Shares Outstanding 120.3 120.3 120.5 120.5 120.4 120.4 120.4 120.4 121.0 122.5 123.4 124.6 125.0 125.6 126.6 126.5 126.9 128.6 128.5 128.7 128.9 132.1 132.3 132.2 132.1 132.5 133.3 135.1 135.4 136.6 137.7 137.8 137.9 141.3 144.2 144.6 147.8 149.5 149.4 149.4 149.2 149.0 148.9 149.5 150.5 151.7 154.5 155.4 155.1 155.9 157.2 158.0 158.9 158.8 160.6 162.8 163.7 163.2 164.1 167.0 167.3 166.9 167.6 168.5 168.2 167.7 167.4 167.3 167.0 166.7 166.6 167.1 168.2 167.9 167.2 166.6 165.7 165.2 164.1 162.7 164.1 159.9 161.4 162.8 161.7 158.2 159.1 161.5 161.5 161.1 157.4 179.3 162.0 168.1 164.1 164.1 166.2 169.1 172.7 167.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 4,951 4,200 5,388 4,040 4,250 2,221 5,116 5,501 5,910 4,694 15,148 16,214 13,735 5,061 13,558 5,153 4,864 3,394 4,304 3,378 3,877 4,673 7,985 7,163 6,054 4,054 5,527 4,778 3,877 2,343 4,142 8,052 8,855 4,042 9,865 8,139 8,425 3,877 6,769 2,429 2,801 1,999.0 1,814.0 1,613.6 1,585.1 1,911.2 2,585.7 203.6 417.6 931.4 754.9 532.7 721.4 375.7 592 603 570 658 364 789 897 978 0 0 0 913 0 0 0 627 0 0 0 322 0 0 0 182 0 0 0 272 0 0 0 372 409 312 300
Short-Term Investments 17,014 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7,595 7,329 7,417 7,738 6,882.1 6,764.8 6,190.1 4,583.4 4,439.0 3,475.3 2,322.3 2,115.8 1,676.6 1,399.2 1,411.4 1,405.8 1,420.5 1,392 1,380 1,398 1,409 1,463 1,362 1,336 1,507 1,807 1,789 1,892 1,594 1,869 1,872 1,890 1,507 2,109 1,418 1,374 1,262 1,369 1,338 1,344 1,156 792 916 921 609 918 867 834 0 0 0 0
Net Receivables 5,218 3,270 2,684 4,504 4,459 2,704 2,144 4,090 3,925 2,035 1,824 1,429 3,107 1,674 1,609 3,369 3,174 1,814 1,879 2,438 2,196 1,138 1,135 2,238 2,009 1,056 848 904 1,955 1,015 1,062 1,471 1,276 854 922 2,430 1,838 1,280 765 2,553 1,737 1,325.1 1,104.6 823.6 1,276.9 1,037.9 697.8 543.7 528.6 466.0 439.5 528.7 321.1 557.3 282 269 249 205.3 207 254 262 225 315 278 278 276 245 423 325 351 291 256 209 211 190 141 135 131 88 80 79 74 57 51 51 37 44 39 116
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (19,409) (18,684) (18,468) 3,438 4,791 (9,970) (9,475) 580.9 576.6 (5,823.6) 1,326.9 1,494.7 2,443.1 334.3 306.8 247.3 223.8 258.5 346.6 231.0 185 207 212 226.7 304 336 (2,495) (2,539) (2,122) (2,067) (2,170) (2,783) (2,114) (2,295) (2,215) (2,485) (2,400) (1,674) (1,583) (1,795) (1,559) (1,479) (1,479) (1,467) (880) (996) (1,000) (955) (975) (918) (885) (409) (453) (351) (416)
Total Current Assets 27,183 7,470 8,072 8,544 8,709 4,925 7,260 9,591 9,835 6,729 16,972 17,643 16,842 6,735 15,167 8,522 8,038 5,208 6,183 5,816 6,073 5,811 9,120 9,401 8,063 5,110 6,375 5,682 5,832 3,358 5,204 9,523 10,131 0 0 0 0 16,190 19,654 2,429 2,801 10,787.1 10,260.0 9,252.8 8,772.4 8,882.8 9,201.8 3,403.9 3,368.8 3,321.3 2,817.5 2,731.2 2,794.9 2,584.5 2,451 2,459 2,429 2,499 2,338 2,741 0 171 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Non-Current Assets
Property, Plant & Equipment 2,170 2,716 2,268 2,356 2,427 2,977 2,693 2,821 2,979 3,540 3,342 3,309 3,234 3,736 3,218 3,121 3,189 3,751 2,898 2,690 2,507 2,808 2,228 2,118 2,023 2,365 2,268 2,202 2,170 1,735 1,685 1,626 1,595 1,584 1,560 1,543 1,525 1,505 1,478 1,452 1,420 660.2 665.9 679.1 691.4 701.4 570.8 393.0 397.2 416.5 417.4 423.5 459.8 462.5 453 449 439 434.6 429 425 426 418 440 442 430 433 429 445 421 420 421 375 373 371 373 378 381 382 319 320 318 317 314 317 344 300 306 304 312
Goodwill 10,489 9,686 9,619 9,633 9,631 9,631 9,590 9,567 9,563 9,550 9,540 9,539 9,320 9,142 9,096 8,911 11,139 11,092 10,806 4,914 4,602 4,447 4,443 4,443 4,443 3,928 3,922 3,922 3,897 3,897 3,895 3,895 3,760 3,281 3,281 3,280 3,279 3,272 3,272 3,266 3,265 1,994.6 1,992.9 1,992.9 1,992.9 1,991.2 1,330.6 813.4 776.9 776.9 776.9 776.9 776.9 776.9 793 807 786 790 820 834 844 806 0 0 0 1,188 0 0 0 1,224 0 0 0 488 0 0 0 536 0 0 0 155 0 0 0 0 0 0 0
Intangible Assets 0 1,128 1,230 1,380 1,427 1,443 1,650 1,663 1,679 1,693 1,765 1,782 1,754 1,765 1,797 1,756 2,651 2,639 2,658 342 343 329 352 374 396 177 194 211 228 245 263 284 276 226 227 245 262 280 298 316 336 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 789.5 0 0 0 0 1,180 1,189 1,180 0 1,197 1,209 1,217 0 988 502 508 0 491 495 533 0 158 159 154 0 96 100 101 60 0 0 0
Long-Term Investments 1,259 16,834 17,799 18,735 18,957 19,332 20,162 18,548 17,807 17,748 16,277 16,373 16,042 15,010 14,237 13,591 13,622 14,113 14,957 15,893 15,576 14,936 15,006 14,347 12,590 12,441 11,895 11,458 11,346 11,484 11,148 9,843 12,103 0 0 0 0 (19,596) 0 2,051 1,940 1,405.7 1,333.7 1,307.1 1,240.2 1,082.0 420.8 323.7 311.4 319.2 329.2 312.5 288.7 317.3 274 241 1,398 240 1,463 1,362 1,336 1,886 1,807 1,789 1,892 1,594 1,869 1,872 1,890 1,507 2,109 1,418 1,374 1,262 1,369 1,338 1,344 1,156 792 916 921 609 918 867 834 0 0 0 0
Other Non-Current Assets 14,179 10,832 10,731 9,709 9,779 7,744 8,652 7,903 8,228 7,584 8,009 7,809 7,584 6,486 7,250 10,919 7,669 7,367 7,818 8,415 8,314 6,444 7,328 7,772 7,118 4,786 4,526 5,438 4,876 4,380 5,295 9,099 5,588 (5,638) (5,068) (5,068) (5,066) 22,524 4,764 19,773 19,112 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Non-Current Assets 28,097 41,280 41,647 41,813 42,221 41,387 42,747 40,502 40,256 40,163 38,933 38,812 37,934 36,990 35,598 38,298 38,270 39,540 39,137 32,254 31,342 29,266 29,357 29,054 26,570 23,933 22,805 23,231 22,517 21,986 22,286 24,747 23,322 0 0 0 0 8,800 9,812 24,807 24,133 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Assets 55,280 48,750 49,719 50,357 50,930 46,312 50,007 50,093 50,091 46,892 55,905 56,455 54,776 43,725 50,765 46,820 46,308 44,748 45,320 38,070 37,415 35,077 38,477 38,455 34,633 29,043 29,180 28,913 28,349 25,344 27,490 34,270 33,453 26,684 32,956 32,253 31,712 24,990 29,466 27,236 26,934 15,690.6 15,209.1 14,153.5 13,684.4 13,606.6 12,072.5 5,342.9 5,275.7 5,375.4 4,493.9 4,429.2 4,879.9 4,379.3 4,174 4,160 4,077 4,597.5 3,916 4,347 4,421 4,951.6 4,951 5,007 5,190 5,495.6 5,011 5,042 5,046 5,600 4,734 2,958 3,185 3,153 3,038 2,909 3,014 2,878 2,212 2,163 2,147 1,957 2,009 1,821 1,919 1,731 1,638 1,302 1,273
Current Liabilities
Account Payables 19,222 9,808 10,088 11,060 11,451 10,273 11,125 11,446 11,729 10,068 10,196 10,304 10,018 9,083 9,237 9,650 9,378 8,101 8,758 8,485 8,651 7,949 8,208 7,980 7,090 5,737 6,220 5,842 6,024 4,548 5,020 5,020 4,961 0 0 0 0 2,467 2,933 0 0 1,666.4 1,659.0 1,307.7 1,351.7 1,384.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 471 0 0 0 1,468 0 0 0 1,157 0 0 0 760 0 0 0 154 204 160 576
Short-Term Debt 1,719 150 0 0 577 724 1,136 1,149 822 1,612 2,245 2,022 1,867 2,263 2,799 1,541 1,690 2,138 795 1,109 1,204 729 1,724 1,724 1,898 815 819 1,470 1,840 1,694 398 398 398 150 953 701 470 300 300 0 0 239.9 236.0 374.5 153.9 258.1 253.4 172.1 210.4 219.1 344.5 349.6 359.9 369.4 412 747 718 748.5 739 780 844 901 216 285 397 484 0 0 0 152 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15 14 17
Deferred Revenue 0 356 265 274 265 260 195 313 301 266 7,536 7,378 7,220 286 6,012 264 288 254 277 323 325 318 274 266 274 247 274 312 312 283 294 3,630 3,706 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 269 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 378 554 457 593 4,775 5,232 (11,911) (11,978) 261.0 303.8 (1,453.4) 549.9 608.9 177.1 109.1 131.4 333.1 100.4 117.6 888.4 90.0 283 313 340 333.5 90 397 (2,567) (2,657.2) (216) (285) (397) (2,392.2) 0 0 0 (633) 0 0 0 (1,500) 0 0 0 (1,192) 0 0 0 (816) 0 0 0 (154) (219) (174) (593)
Total Current Liabilities 21,507 10,314 10,353 11,334 12,293 11,257 12,456 12,908 12,852 11,946 19,977 19,704 19,105 11,632 18,048 11,455 11,356 10,493 9,830 9,917 10,180 8,996 10,206 9,970 9,262 6,799 7,313 7,624 8,176 6,525 5,712 9,048 9,065 0 0 0 0 7,822 11,816 9,934 10,105 5,997.0 5,905.9 5,260.0 5,466.6 5,489.7 6,395.9 2,235.3 2,161.2 2,264.6 2,187.9 2,205.9 2,390.5 2,099.7 2,247 2,593 2,539 2,665 2,453 2,891 0 959 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Non-Current Liabilities
Long-Term Debt 12,274 12,369 12,607 12,586 12,729 11,144 11,886 11,746 12,390 10,213 9,483 9,722 9,743 9,034 7,798 11,290 11,285 10,541 11,466 6,063 6,062 6,060 6,059 6,058 6,057 4,967 5,365 4,377 4,376 4,375 4,774 4,773 4,772 4,770 3,977 4,279 4,780 3,792 3,792 3,793 3,793 1,673.6 1,675.9 1,678.2 1,682.7 1,934.9 1,292.9 623.7 646.9 642.6 599.7 602.5 339.9 364.5 318 0 0 0 324 0 324 0 667 643 579 573 907 922 847 889 616 3 203 225 203 177 230 250 0 0 86 83 83 61 65 71 0 1 3
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 878 0 0 0 1,276 0 0 0 961 0 0 0 577 0 0 0 330 0 0 0 330 0 0 0 416 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,584 7,912 8,177 8,142 8,089 7,074 8,041 8,711 8,663 7,971 9,441 10,138 9,294 6,355 8,602 8,565 8,325 5,789 7,742 7,247 6,983 4,977 6,444 8,011 6,959 4,331 4,577 4,716 4,628 3,953 6,411 10,238 9,535 (5,100) (3,977) (4,279) (4,780) 2,275 2,573 12,569 12,616 (1,673.6) (1,675.9) (1,678.2) (1,682.7) (1,934.9) (1,292.9) (623.7) (646.9) (642.6) (599.7) (602.5) (245.0) (364.5) (318) 0 0 148.6 (324) 0 (324) 214.8 (667) (643) (579) (573) (907) (922) (847) (889) (616) (3) (203) (225) (203) (177) (230) (250) 0 0 (86) (83) (83) (61) (65) (71) 0 (1) (3)
Total Non-Current Liabilities 15,127 20,699 20,784 20,728 20,818 18,610 19,927 20,457 21,053 18,628 18,924 19,860 19,037 16,723 16,400 19,855 19,610 18,152 19,208 13,310 13,045 12,353 12,503 14,069 13,016 10,207 10,266 9,417 9,332 8,658 11,185 15,011 14,307 0 0 0 0 6,483 6,365 16,362 16,409 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 36,634 31,013 31,137 32,062 33,111 29,867 32,383 33,365 33,905 30,574 38,901 39,564 38,142 28,355 34,448 31,310 30,966 28,645 29,038 23,227 23,225 21,349 22,709 24,039 22,278 17,006 17,579 17,041 17,508 15,183 16,897 24,059 23,372 16,842 21,745 21,300 21,478 14,305 18,181 16,362 16,409 9,211.7 9,123.9 8,377.5 8,626.1 8,936.3 8,333.6 3,429.5 3,366.8 3,457.4 2,787.6 2,808.4 2,993.6 2,711.9 2,710 2,740 2,682 2,807 2,595 3,036 3,122 1,005 3,260 3,330 3,522 3,807.2 3,382 3,394 3,458 3,917 3,280 1,574 1,861 1,861 1,770 1,675 1,682 1,591 988 987 1,024 899 992 849 1,001 842 788 726 718
Stockholders' Equity
Common Stock 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 33 31.7 31.7 31.6 31.5 31.5 31.0 29.1 29.1 29.0 28.7 28.6 28.6 28.6 28 28 28 28 28 28 28 28 28 28 28 28 28 28 28 27 27 27 27 27 27 27 27 27 27 27 27 27 27 27 27 0 0 0 0
Retained Earnings 30,153 29,075 29,980 29,891 29,453 28,317 29,118 28,745 28,173 27,540 28,191 27,468 26,619 25,492 25,606 24,511 23,915 23,086 23,191 21,751 21,252 20,517 20,872 19,616 17,871 17,483 17,045 16,429 15,563 15,072 14,786 14,211 14,086 13,670 13,542 13,101 12,509 11,454 11,899 11,492 11,205 5,028.5 4,688.4 4,429.6 3,877.4 3,595.7 2,499.6 1,098.4 1,017.6 949.8 821.4 752.1 720.9 722.6 543 513 488 461 434 411 392 371 787 765 0 753 0 0 0 624 0 0 0 451 0 0 0 439 0 0 0 249 0 0 0 73 0 549 529
Accumulated Other Comprehensive Income (731) (633) (666) (783) (868) (1,067) (653) (1,122) (1,086) (999) (1,503) (1,226) (1,113) (1,304) (1,467) (1,051) (572) 42 145 216 108 391 370 317 48 156 177 112 (10) (159) (206) (176) (154) 19 12 (5) (58) (66) 112 134 76 158.4 70.0 42.1 (86.6) (174.9) (11.0) (16.8) 24.6 16.9 29.8 23.3 22.5 35.8 6 (5) (3) (8) (17) (27) (21) (28) 0 0 0 13 0 0 0 9 0 0 0 (8) 0 0 0 6 0 0 0 (21) 0 0 0 0 0 0 0
Total Stockholders' Equity 18,580 17,657 18,522 18,234 17,751 16,375 17,565 16,671 16,130 16,262 16,949 16,834 16,577 15,311 16,254 15,490 15,319 16,080 16,260 14,843 14,190 13,728 15,768 14,416 12,355 12,037 11,601 11,872 10,841 10,161 10,593 10,211 10,081 9,842 11,211 10,953 10,234 10,685 11,285 10,874 10,525 6,478.8 6,085.2 5,776.0 5,058.3 4,670.3 3,738.9 1,913.4 1,908.9 1,835.9 1,706.3 1,620.8 1,606.5 1,667.4 1,464 1,420 1,395 1,360 1,321 1,311 1,299 1,268 1,691 1,677 1,668 1,688 1,629 1,648 1,588 1,501 1,454 1,384 1,324 1,292 1,268 1,234 1,332 1,287 1,224 1,176 1,123 1,058 1,017 972 918 889 850 576 555
Total Liabilities & Equity 55,280 48,750 49,719 50,357 50,930 46,312 50,007 50,093 50,091 46,892 55,905 56,455 54,776 43,725 50,765 46,820 46,308 44,748 45,320 38,070 37,415 35,077 38,477 38,455 34,633 29,043 29,180 28,913 28,349 25,344 27,490 34,270 33,453 26,684 32,956 32,253 31,712 24,990 29,466 27,236 26,934 15,690.6 15,209.1 14,153.5 13,684.4 13,606.6 12,072.5 5,342.9 5,275.7 5,293.3 4,493.9 4,429.2 4,600.0 4,379.3 4,174 4,160 4,077 4,167 3,916 4,347 4,421 4,900 4,951 5,007 5,190 5,496 5,011 5,042 5,046 5,418 4,734 2,958 3,185 3,153 3,038 2,909 3,014 2,878 2,212 2,163 2,147 1,957 2,009 1,821 1,919 1,731 1,638 1,302 1,273
Debt Metrics
Total Debt 13,993 12,937 12,607 12,586 13,306 12,260 13,022 12,895 13,212 12,269 11,728 11,744 11,610 11,753 10,597 12,831 12,975 13,225 12,261 7,172 7,266 7,144 7,783 7,782 7,955 6,114 6,508 6,171 6,544 6,069 5,172 5,171 5,170 4,920 4,930 4,980 5,250 4,092 4,092 3,793 3,793 1,913.5 1,911.9 2,052.6 1,836.5 2,192.9 1,546.2 795.7 857.3 861.7 944.2 952.0 699.8 733.9 730 747 718 1,073 1,063 780 1,168 1,225 883 928 976 1,495 907 922 847 1,041 616 3 203 225 203 177 230 250 94 88 86 83 83 61 65 71 15 15 20
Net Debt 9,042 8,737 7,219 8,546 9,056 10,039 7,906 7,394 7,302 7,575 (3,420) (4,470) (2,125) 6,692 (2,961) 7,678 8,111 9,831 7,957 3,794 3,389 2,471 (202) 619 1,901 2,060 981 1,393 2,667 3,726 1,030 (2,881) (3,685) 878 (4,935) (3,159) (3,175) 215 (2,677) 1,364 992 (85.5) 97.9 439.0 251.4 281.7 (1,039.5) 592.1 439.7 (69.7) 189.3 419.4 (21.6) 358.2 138 144 148 415 699 (9) 271 247 883 928 976 582 907 922 847 859 616 3 203 (97) 203 177 230 68 (528) (359) 86 (189) 83 61 65 (301) (394) (297) (280)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income 1,184 (796) 194 543 1,242 (686) 480 678 739 (540) 830 956 1,238 (18) 1,193 697 930 (13) 1,531 588 828 (274) 1,340 1,828 473 512 689 940 566 355 644 193 491 184 499 650 1,115 (401) 450 331 234 49.9 84.1 109.8 80.8 67.8 66.3 62.1 69.3 31.2 (1.7) 52.3 45.4 46.8 35.2 30 25 27 23 19 21 (428) 22 28 (16) 57 (30) 52 50 48 44 42 39 22 32 (95) 53 49 43 45 53 48 42 54 32 29 23 19 18
Depreciation & Amortization 194 194 204 211 215 240 243 243 242 238 235 226 218 217 214 209 205 194 181 170 168 160 161 150 145 140 159 140 136 134 131 130 139 128 120 119 118 117 117 116 115 34.1 31.8 29.2 27.2 26.3 26.5 40.6 28.5 31.1 30.2 30.5 30.2 29.8 52.0 41 39 38 38 37 34 0 0 0 0 0 0 0 0 33 26 25 24 24 25 24 25 24 16 15 15 13 13 12 12 11 12 12 12
Stock-Based Compensation 51 48 83 61 49 54 53 55 45 33 53 51 38 43 80 50 43 48 48 45 39 52 47 46 36 44 43 43 33 32 36 34 35 41 33 57 26 39 28 25 23 0 0 0 0 0 6.3 0 0 0 0 0 0 0 0 0 0 (30) 0 0 0 0 0 0 0 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 (215) (1,410) 427 418 (1,232) (310) 1,002 154 (692) (7,017) 70 1,918 5,110 (5,523) 7,407 (382) (968) (482) 2,086 (338) (1,822) 271 919 1,060 (107) (367) 1,562 303 165 (891) (2,341) (855) 2,920 (3,505) 2,220 (934) 2,907 (2,417) 3,807 (726) 83 550.2 100.5 (89.7) (43.1) (145.5) 236.0 (36.4) 74.0 (206.1) 496.6 (13.6) (136.6) (232.8) 20.6 (12) (304) 153,429,818,851 (153,429,820,775) (63) 2,942 (694) 49 52 477 (750) (6) 119 233 (97) 151 (136) (12) 51 69 (110) 29 (222) 56 48 151 (21) 52 82 473 89 61 8 (96)
Other Non-Cash Items 40 312 63 38 57 174 80 83 89 319 64 25 83 221 (241) 385 92 142 (1,011) (105) (50) (124) (652) (17) (70) 0 8 27 17 8 6 760 18 55 47 29 10 14 23 17 12 (3.3) (38.2) 42.7 (17.7) (0.9) (47.0) (15.8) (17.6) 31.9 (136.8) 2.2 7.1 3.2 (30.6) 14 168 (153,429,818,626) 153,429,820,493 59 (3,067) 1,571 (24) (167) (653) 1,020 209 (285) (593) 160 (29) (122) (3) (168) 26 205 55 31 (2) (38) 108 (110) 157 (134) 108 (8) 8 0 0
Operating Cash Flow 1,254 (1,652) 971 1,271 331 (528) 1,858 1,213 423 (7,134) 1,252 3,176 6,687 (5,127) 8,453 959 302 (96) 2,835 360 (837) 283 1,815 3,067 474 512 2,442 1,434 896 (333) (1,055) (125) 3,686 (2,911) 2,863 (106) 4,205 (2,773) 4,503 (276) 482 591.0 181.9 99.2 64.9 (40.1) 290.2 69.7 161.5 (108.2) 422.7 82.6 (43.8) (140.1) 89.0 87 42 279 (221) 52 (70) 449 47 (87) (192) 327 173 (114) (310) 224 50 (49) 64 70 85 24 162 (107) 60 23 174 (55) 221 (16) 148 106 103 40 (64)
Investing Activities
Capital Expenditure (121) (202) (135) (114) (95) (154) (130) (114) (177) (283) (234) (264) (223) (258) (288) (279) (295) (371) (326) (329) (290) (296) (250) (226) (192) (230) (210) (157) (139) (176) (164) (138) (134) (150) (143) (111) (122) (132) (139) (131) (125) (45.1) (31.0) (36.2) (25.3) (22.7) (38.8) (20.0) (20.8) (21.6) (28.6) (26.9) (24.4) (32.4) (33.0) (29) (25) (36) (26) (40) (33) (24) (19) (16) (30) (20) 0 0 0 (25) (15) (17) (16) (18) (11) (30) (13) (18) (11) (13) (12) (23) (5) 3 (14) (5) (6) (9) (8)
Acquisitions (911) (76) 111 (1) 0 (52) (20) (3) (14) (10) (34) (116) (73) (51) 2,582 (93) (74) (228) (3,634) (202) (123) 0 0 0 (709) 0 0 0 0 1,900 (1,900) (185) (169) (21) (1) (2) (7) (1) (6) (1) 0 (0.1) (4.6) (348.1) (68.7) 0 0 0 0 0 (1.1) 0 0 1.1 4.1 0.9 (32) (4) (29) (8) 57 54 0 (14) 0 12 0 0 0 (213) (444) 2 (14) 0 (3) 0 0 (694) 0 0 0 (125) 0 (1) (36) 0 0 0 0
Purchases of Investments (2,894) (1,242) (3,257) (1,114) (827) (1,782) (3,441) (1,624) (1,259) (4,186) (629) (1,424) (1,313) (1,309) (1,501) (1,078) (2,161) (624) (1,266) (1,587) (3,720) (1,895) (1,766) (3,005) (2,459) (2,231) (995) (960) (2,175) (1,308) (755) (913) (1,711) (1,928) (1,129) (1,332) (1,876) (2,033) (2,005) (1,098) (1,430) (448.5) (531.2) (714.4) (749.9) (1,491.3) (913.2) (1,398.1) (716.0) (1,545.2) (929.3) (641.7) (573.0) (425.1) (515.5) (491) (389) 152 (381) (727) (249) (128) (221) (265) (167) (268) (219) (352) (198) (476) (115) (137) (113) (385) (14) (8) (33) 0 0 0 0 (346) (54) (38) (85) 0 0 0 0
Sales/Maturities of Investments 1,318 2,208 4,354 1,449 1,411 2,386 2,118 818 1,036 3,387 312 1,071 317 606 883 428 1,882 1,121 975 1,403 2,645 2,136 1,868 1,579 2,150 1,660 639 1,061 2,459 1,037 466 1,354 1,609 932 575 1,293 1,079 1,337 1,913 1,361 1,127 435.2 457.3 696.2 629.3 1,033.7 935.6 1,071.8 764.9 1,517.2 938.9 564.9 627.6 419.9 512.5 459 407 500 151 207 267 169 181 344 169 247 241 415 271 663 0 112 8 0 0 0 0 603 126 (21) 23 350 0 0 0 0 0 0 0
Other Investing Activities 55 (56) (93) 127 (175) (461) 0 (79) 0 210 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (356) 101 284 (1,900) (2,189) 441 (102) 2 (554) (39) (797) 1 (92) (1) (303) (37.9) 49.7 (48.8) (59.4) 19.4 11.2 0 0 0 1.8 0 0 1.1 15.3 0 0 (606) 149 474 4 (32) 1 (7) 23 (17) (12) (74) (19) 18 8 (26) (2) 358 (3) (14) 0 (430) 0 (2) (1) 4 (3) (13) (16) (127) (248) (17) 4
Investing Cash Flow (2,553) 632 980 347 314 (63) (1,473) (1,002) (414) (882) (585) (733) (1,292) (1,012) 1,676 (1,022) (648) (102) (4,251) (715) (1,488) (55) (148) (1,652) (1,210) (801) (566) (56) 145 (447) (2,353) 118 (405) (1,165) (698) (152) (926) (828) (237) 131 (428) (96.4) (59.9) (451.3) (205.3) (460.9) (5.2) (346.3) 28.1 (49.7) (18.2) (103.6) 30.2 (36.5) (31.8) (61) (39) 6 (136) (94) 46 39 (58) 42 (5) (46) 10 (11) 54 (33) (566) (41) (24) (45) (31) (52) (46) (539) 115 (36) 10 (140) (62) (49) (151) (132) (254) (26) (4)
Financing Activities
Net Debt Issuance 1,673 (177) 0 (772) 1,477 (1,071) (14) (285) 1,588 (139) 10 126 478 583 (2,396) (79) 470 231 3,023 (202) 626 (1,031) (85) (94) 2,288 (450) 335 (373) 17 867 0 (2) 245 (6) (51) (277) 1,160 0 0 0 0 (127.5) (84.9) 318.5 (38.4) (8.6) 0.3 438.4 (5.0) (10.3) (9.5) (28.3) (28.7) 10.7 14.2 (40.5) 29.5 103 (42) (64) (57) 18 (45) (48) (81) (1) 18 105 (42) 277 613 (201) (22) 22 27 (57) (20) 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (107) (42) 0 (100) (9) (49) (2) (49) (717) (571) (379) (529) (94) (1,064) (4) (4) (1,024) (43) (3) (3) (30) (1,790) (5) (8) (17) (60) (1,000) 0 (10) (796) (201) (42) (51) (1,546) (241) (4) (1,574) (29) (2) (2) (71) (0.4) (0.3) (1.4) (36.0) (21.5) 0 (23.1) 0.1 (21.2) (48.6) 0 0 0 0.1 0 0 (26) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (107) (109) (107) (106) (108) (108) (107) (107) (109) (111) (109) (111) (100) (101) (100) (100) (91) (91) (90) (90) (83) (84) (83) (83) (73) (75) (74) (74) (68) (70) (69) (69) (57) (58) (58) (57) (47) (44) (43) (43) (47) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 591 160 (496) (850) 24 (1,076) (647) (179) 445 (1,617) (1,255) 550 2,995 (1,776) 709 602 2,461 (809) (588) 151 1,016 (635) (672) (121) 538 (599) (388) (30) 554 (1,018) (1,011) 96 1,395 (137) (89) 310 1,730 782 119 (162) 294 5.0 2.6 0 (40.1) 8.7 (17.5) (250.9) 31.2 0.4 (0.8) (25.6) 7.1 0.5 (11.6) 3.5 (0.3) 190 (26) 1 (3) (10) (4) (1) 1 3 (33) 8 23 3 4 5 1 (1) 1 0 1 206 0 1 3 1 0 2 1 (11) 248 (2) 135
Financing Cash Flow 2,050 (168) (603) (1,828) 1,384 (2,304) (770) (620) 1,207 (2,438) (1,733) 36 3,279 (2,358) (1,791) 419 1,816 (712) 2,342 (144) 1,529 (3,540) (845) (306) 2,736 (1,184) (1,127) (477) 493 (1,019) (1,281) (17) 1,532 (1,747) (439) (28) 1,269 709 74 (227) 176 (119.5) (78.4) 332.3 (73.6) (12.8) 10.5 157.6 32.7 (30.8) (58.9) (53.9) (21.6) 11.1 2.7 (37) 30 293 (352) (66) (57) 8 (49) (49) (80) 2 (15) 83 (19) 280 617 (196) (21) 21 28 (57) (19) 206 0 1 3 1 0 2 1 (11) 248 (2) 135
Cash Position
Net Change in Cash 751 (1,188) 1,348 (210) 2,029 (2,895) (385) (409) 1,216 (10,454) (1,066) 2,479 8,674 (8,497) 8,338 356 1,470 (910) 926 (499) (796) (3,312) 822 1,109 2,000 (1,473) 749 901 1,534 (1,799) (4,689) (24) 4,813 (5,823) 1,726 (286) 4,548 (2,892) 4,340 (372) 230 375.1 43.5 (19.8) (214.0) (513.8) 295.6 (119.1) 222.3 (188.7) 345.6 (75.0) (35.2) (165.5) 59.4 (11) 33 294 (425) (108) (81) 496 (60) (94) (277) 435 168 (42) (275) 471 101 (286) 19 46 82 (85) 97 (440) 175 (12) 187 (194) 159 (63) (2) (37) 97 12 67
Cash at Beginning 4,200 5,388 4,040 4,250 2,221 5,116 5,501 5,910 4,694 15,148 16,214 13,735 5,061 13,558 5,220 4,864 3,394 4,304 3,378 3,877 4,673 7,985 7,163 6,054 4,054 5,527 4,778 3,877 2,343 4,142 8,831 8,855 4,042 9,865 8,139 8,425 3,877 6,769 2,429 2,801 2,571 603.8 560.3 580.1 417.6 931.4 635.8 754.9 532.7 721.4 375.7 450.7 485.9 651.4 592 603 570 364 789 897 978 482 542 636 913 478 310 352 627 156 55 341 322 276 194 279 182 622 447 459 272 466 307 370 372 0 0 0 233
Cash at End 4,951 4,200 5,388 4,040 4,250 2,221 5,116 5,501 5,910 4,694 15,148 16,214 13,735 5,061 13,558 5,220 4,864 3,394 4,304 3,378 3,877 4,673 7,985 7,163 6,054 4,054 5,527 4,778 3,877 2,343 4,142 8,831 8,855 4,042 9,865 8,139 8,425 3,877 6,769 2,429 2,801 978.9 603.8 560.3 203.6 417.6 931.4 635.8 754.9 532.7 721.4 375.7 450.7 485.9 651.4 592 603 658 364 789 897 978 482 542 636 913 478 310 352 627 156 55 341 322 276 194 279 182 622 447 459 272 466 307 370 (37) 97 12 300
Free Cash Flow 1,133 (1,854) 836 1,157 236 (682) 1,728 1,099 246 (7,417) 1,018 2,912 6,464 (5,385) 8,165 680 7 (467) 2,509 31 (1,127) (13) 1,565 2,841 282 282 2,232 1,277 757 (509) (1,219) (263) 3,552 (3,061) 2,720 (217) 4,083 (2,905) 4,364 (407) 357 545.9 150.8 63.0 39.6 (62.8) 251.4 49.6 140.7 (129.9) 394.2 55.8 (68.1) (172.5) 56.0 58 17 243 (247) 12 (103) 425 28 (103) (222) 307 173 (114) (310) 199 35 (66) 48 52 74 (6) 149 (125) 49 10 162 (78) 216 (13) 134 101 97 31 (72)
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 39,648 32,515 32,649 32,388 32,112 29,213 29,397 29,540 29,611 26,462 26,423 26,747 26,742 22,439 22,799 23,662 23,970 21,022 21,756 20,645 20,668 19,062 20,075 19,083 18,935 16,311 16,251 16,255 16,116 14,168 14,206 14,259 14,279 13,189 13,282 13,534 13,762 12,878 13,694 14,007 13,800 13,361 13,363 13,732 13,833 12,328 12,238 12,222 11,712 10,187 10,319 10,321 10,486 9,557 9,651 9,699 10,219 9,056.5 9,301 9,284 9,191 8,350.2 8,350.8 8,589.2 8,380.3 7,633.0 7,716.8 7,898.9 7,711.7 7,487.6 7,148.2 7,350.9 6,959.7 6,338.8 6,319.6 6,426.8 6,204.8 5,655.2 5,649.8 5,407.2 4,704.4 3,663.1 3,821.5 3,546.4 3,387.2 3,209.6 3,176.3 3,431.5 3,286.9 3,152.9 3,030.0 2,855.0 2,831.9 2,622.9 2,470.3 2,443.2 2,560 2,616 2,696 2,642
Gross Profit 5,941 3,794 4,658 4,823 5,577 3,832 4,277 4,501 4,487 3,680 4,678 4,738 4,884 3,857 4,415 4,563 4,345 3,584 4,440 3,496 3,372 2,849 4,464 4,939 3,336 2,647 2,926 2,968 2,652 2,766 2,992 1,891 1,888 0 0 0 0 0 0 14,007 13,800 13,361 13,363 13,732 13,833 12,328 12,238 12,222 11,712 10,187 10,319 10,321 10,486 9,557 9,651 9,699 10,219 9,056.5 9,301 9,284 9,191 8,350.2 8,350.8 8,589.2 8,380.3 7,633.0 7,716.8 7,898.9 7,711.7 7,487.6 7,148.2 7,350.9 6,959.7 6,338.8 6,319.6 6,426.8 6,204.8 5,655.2 5,649.8 5,407.2 4,704.4 3,663.1 3,821.5 3,546.4 3,387.2 3,209.6 3,176.3 3,431.5 3,286.9 3,152.9 3,030.0 2,855.0 2,831.9 2,622.9 2,470.3 2,443.2 2,560 2,616 2,696 2,642
Operating Income 1,579 (1,025) 108 722 1,648 (899) 635 901 990 (615) 1,086 1,252 1,597 (76) 1,300 1,124 1,216 (64) 1,651 771 1,061 (452) 1,790 2,611 725 591 889 1,241 749 438 910 862 760 577 858 1,100 791 (438) 949 636 500 246 648 793 744 287 551 646 686 (49) 586 654 730 282 675 564 390 313.0 699 726 497 174.5 622.3 535.9 416.9 398.7 469.3 439.9 293.8 261.0 282.9 325.0 123.9 359.0 478.5 339.6 112.2 241.2 249.4 140.3 131.2 99.2 66.7 124.8 116.7 63.3 127.5 122.4 102.8 99.7 104.2 (2.5) 66.7 55.1 2,098.4 2,066.7 34 2,227 24 2,281
Net Income 1,186 (796) 195 545 1,244 (693) 480 679 741 (541) 832 959 1,239 (15) 1,195 696 930 (14) 1,531 588 828 (274) 1,340 1,828 473 512 689 940 566 355 644 193 491 184 499 650 1,115 (401) 450 311 254 101 314 431 430 145 290 344 368 (30) 368 420 473 192 426 356 248 198.8 445 460 315 107.3 393.2 340.1 258.8 250.7 301.5 281.8 205.7 174.1 183.0 209.9 80.2 243.2 302.4 216.8 71.2 155.0 159.2 89.5 83.7 64.6 46.8 81.4 106.7 47.1 84.3 80.8 67.8 66.3 69.3 (1.7) 45.4 35.2 25.1 26.7 27 23 19 21
EPS (Diluted) 9.83 -6.61 1.62 4.51 10.30 -5.76 3.98 5.63 6.11 -4.42 6.71 7.66 9.87 -0.12 9.39 5.48 7.29 -0.11 11.84 4.55 6.39 -2.07 10.05 13.75 3.56 3.84 5.14 6.94 4.16 2.58 4.65 1.39 3.53 1.29 3.44 4.46 7.49 -2.68 2.98 2.06 1.68 0.66 2.09 2.85 2.82 0.95 1.85 2.19 2.35 -0.20 2.31 2.63 2.95 1.18 2.62 2.16 1.49 1.20 2.67 2.71 1.86 0.63 2.32 2.00 1.52 1.48 1.78 1.67 1.22 1.04 1.09 1.24 0.47 1.43 1.78 1.28 0.42 0.92 0.95 0.53 0.50 0.45 0.28 0.49 0.65 0.29 0.52 0.50 0.41 0.37 0.43 -0.01 0.27 0.21 0.15 0.16 0.16 0.14 0.11 0.13
Balance Sheet
Cash & Equivalents 4,951 4,200 5,388 4,040 4,250 2,221 5,116 5,501 5,910 4,694 15,148 16,214 13,735 5,061 13,558 5,153 4,864 3,394 4,304 3,378 3,877 4,673 7,985 7,163 6,054 4,054 5,527 4,778 3,877 2,343 4,142 8,052 8,855 4,042 9,865 8,139 8,425 3,877 6,769 2,429 2,801 1,999.0 1,814.0 1,613.6 1,585.1 1,911.2 2,585.7 203.6 417.6 931.4 754.9 532.7 721.4 375.7 592 603 570 658 364 789 897 978 0 0 0 913 0 0 0 627 0 0 0 322 0 0 0 182 0 0 0 272 0 0 0 372 409 312 300
Total Assets 55,280 48,750 49,719 50,357 50,930 46,312 50,007 50,093 50,091 46,892 55,905 56,455 54,776 43,725 50,765 46,820 46,308 44,748 45,320 38,070 37,415 35,077 38,477 38,455 34,633 29,043 29,180 28,913 28,349 25,344 27,490 34,270 33,453 26,684 32,956 32,253 31,712 24,990 29,466 27,236 26,934 15,690.6 15,209.1 14,153.5 13,684.4 13,606.6 12,072.5 5,342.9 5,275.7 5,375.4 4,493.9 4,429.2 4,879.9 4,379.3 4,174 4,160 4,077 4,597.5 3,916 4,347 4,421 4,951.6 4,951 5,007 5,190 5,495.6 5,011 5,042 5,046 5,600 4,734 2,958 3,185 3,153 3,038 2,909 3,014 2,878 2,212 2,163 2,147 1,957 2,009 1,821 1,919 1,731 1,638 1,302 1,273
Total Debt 13,993 12,937 12,607 12,586 13,306 12,260 13,022 12,895 13,212 12,269 11,728 11,744 11,610 11,753 10,597 12,831 12,975 13,225 12,261 7,172 7,266 7,144 7,783 7,782 7,955 6,114 6,508 6,171 6,544 6,069 5,172 5,171 5,170 4,920 4,930 4,980 5,250 4,092 4,092 3,793 3,793 1,913.5 1,911.9 2,052.6 1,836.5 2,192.9 1,546.2 795.7 857.3 861.7 944.2 952.0 699.8 733.9 730 747 718 1,073 1,063 780 1,168 1,225 883 928 976 1,495 907 922 847 1,041 616 3 203 225 203 177 230 250 94 88 86 83 83 61 65 71 15 15 20
Stockholders' Equity 18,580 17,657 18,522 18,234 17,751 16,375 17,565 16,671 16,130 16,262 16,949 16,834 16,577 15,311 16,254 15,490 15,319 16,080 16,260 14,843 14,190 13,728 15,768 14,416 12,355 12,037 11,601 11,872 10,841 10,161 10,593 10,211 10,081 9,842 11,211 10,953 10,234 10,685 11,285 10,874 10,525 6,478.8 6,085.2 5,776.0 5,058.3 4,670.3 3,738.9 1,913.4 1,908.9 1,835.9 1,706.3 1,620.8 1,606.5 1,667.4 1,464 1,420 1,395 1,360 1,321 1,311 1,299 1,268 1,691 1,677 1,668 1,688 1,629 1,648 1,588 1,501 1,454 1,384 1,324 1,292 1,268 1,234 1,332 1,287 1,224 1,176 1,123 1,058 1,017 972 918 889 850 576 555
Cash Flow
Operating Cash Flow 1,254 (1,652) 971 1,271 331 (528) 1,858 1,213 423 (7,134) 1,252 3,176 6,687 (5,127) 8,453 959 302 (96) 2,835 360 (837) 283 1,815 3,067 474 512 2,442 1,434 896 (333) (1,055) (125) 3,686 (2,911) 2,863 (106) 4,205 (2,773) 4,503 (276) 482 591.0 181.9 99.2 64.9 (40.1) 290.2 69.7 161.5 (108.2) 422.7 82.6 (43.8) (140.1) 89.0 87 42 279 (221) 52 (70) 449 47 (87) (192) 327 173 (114) (310) 224 50 (49) 64 70 85 24 162 (107) 60 23 174 (55) 221 (16) 148 106 103 40 (64)
Capital Expenditure (121) (202) (135) (114) (95) (154) (130) (114) (177) (283) (234) (264) (223) (258) (288) (279) (295) (371) (326) (329) (290) (296) (250) (226) (192) (230) (210) (157) (139) (176) (164) (138) (134) (150) (143) (111) (122) (132) (139) (131) (125) (45.1) (31.0) (36.2) (25.3) (22.7) (38.8) (20.0) (20.8) (21.6) (28.6) (26.9) (24.4) (32.4) (33.0) (29) (25) (36) (26) (40) (33) (24) (19) (16) (30) (20) 0 0 0 (25) (15) (17) (16) (18) (11) (30) (13) (18) (11) (13) (12) (23) (5) 3 (14) (5) (6) (9) (8)
Free Cash Flow 1,133 (1,854) 836 1,157 236 (682) 1,728 1,099 246 (7,417) 1,018 2,912 6,464 (5,385) 8,165 680 7 (467) 2,509 31 (1,127) (13) 1,565 2,841 282 282 2,232 1,277 757 (509) (1,219) (263) 3,552 (3,061) 2,720 (217) 4,083 (2,905) 4,364 (407) 357 545.9 150.8 63.0 39.6 (62.8) 251.4 49.6 140.7 (129.9) 394.2 55.8 (68.1) (172.5) 56.0 58 17 243 (247) 12 (103) 425 28 (103) (222) 307 173 (114) (310) 199 35 (66) 48 52 74 (6) 149 (125) 49 10 162 (78) 216 (13) 134 101 97 31 (72)