Invesco Ltd. logo IVZ - Invesco Ltd.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 12
HOLD 16
SELL 0
STRONG
SELL
0
| PRICE TARGET: $29.72 DETAILS
HIGH: $34.50
LOW: $26.00
MEDIAN: $30.00
CONSENSUS: $29.72
UPSIDE: 7.33%
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 1,744.5 1,692 1,640.4 1,515.5 1,529.2 1,593 1,515.4 1,483.3 1,475.3 1,413.4 1,442 1,442.8 1,418.2 1,443.4 1,445.7 1,530.4 1,629.4 1,763.4 1,750 1,721.4 1,659.7 1,630.1 1,497.6 1,419 1,598.9 1,742.8 1,720.6 1,439.4 1,214.6 1,255.9 1,341.8 1,360.6 1,355.8 1,375.6 1,337.7 1,254.4 1,192.6 1,194.7 1,201.6 1,189.4 1,148.7 1,239.7 1,273.5 1,318.1 1,291.6 1,276.7 1,311 1,289.9 1,269.5 1,225.1 1,171.8 1,135.5 1,112.2 1,092.9 1,013.9 1,009 1,033.7 997.1 997.8 1,070 1,027.3 1,028.5 953.1 787 719.1 747.8 705.8 625.1 548.6 634.4 827.2 935.6 910.4 1,765.4 720.3 722.5 670.7 655.3 587.1 588.1 584.1 614.2 533.7 528.6 540.5 666.0 509.1 525.0 531.3 640.5 466.4 515.5 565.0 531.0 602.6 605.6 665.7 657.5 583.4 588.8
Cost of Revenue 601.4 559.1 1,079.9 1,011.1 973.6 990.4 1,125 947.7 976.7 928.2 926.7 938.2 917.9 911.5 872.1 882.2 945.5 998.9 1,023.1 1,026.6 1,012 994.6 925.3 898.6 937 988.2 991.1 873.7 749.3 709.6 788.7 788.1 804.3 772.8 768.5 732.1 746.8 688.5 707.2 698.7 691.6 725 729.9 760.5 760 740.2 764 753.5 767.5 729.6 711.2 690.1 687.6 2,609.5 641.4 603.9 635.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 253.4 0 420.9 399.2 410.4 498.8 415.8 385.7 392.5 454.1 342.8 388.3 399.4 382.6 394.3 398.3 405.7 388.4 359.7 360.8
Gross Profit 1,143.1 1,132.9 560.5 504.4 555.6 602.6 390.4 535.6 498.6 485.2 515.3 504.6 500.3 531.9 573.6 648.2 683.9 764.5 726.9 694.8 647.7 635.5 572.3 520.4 661.9 754.6 729.5 565.7 465.3 546.3 553.1 572.5 551.5 602.8 569.2 522.3 445.8 506.2 494.4 490.7 457.1 514.7 543.6 557.6 531.6 536.5 547 536.4 502 495.5 460.6 445.4 424.6 (1,516.6) 372.5 377.9 398.1 997.1 997.8 1,070 1,027.3 1,028.5 953.1 787 719.1 747.8 705.8 625.1 548.6 634.4 827.2 935.6 910.4 1,765.4 976.6 979 900.2 655.3 587.1 588.1 330.8 614.2 112.8 129.4 130.1 167.2 93.3 139.2 138.8 186.4 123.6 127.2 165.6 148.5 208.3 207.3 260.0 269.0 223.6 228.0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 184.5 172.5 171.4 162.3 154.3 158.7 159.7 201 156.6 161.6 165.2 175 124.6 141.4 76.3 153.5 123.9 157.2 125.3 127.8 112.4 116.5 105.3 203.3 139 162.7 137.7 127.6 111.8 77.2 94.2 119.1 111.7 155.7 116.1 115 102.4 126.7 109.9 106.9 102.8 129.8 111.9 118.8 116.6 116.3 141 106.3 145 116.4 102.7 101.1 89.7 (2,025.2) 92.5 111.7 100 785.5 770 837 801.6 829.8 770.2 715.6 582.2 587.3 554.2 514.7 486.8 549.9 632 695.6 682.3 1,306.5 720.1 717 668.1 405 430.3 396.4 144.1 0 423.1 413.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Expenses 625.4 2,418.5 118.2 127.9 124 132.2 130.2 127.8 128.9 1,399.4 122.4 125.8 166.2 145.4 147.1 150 182.3 98.1 137.8 96.1 191 301.2 198.5 200 205.9 277.3 316.7 419.8 153.3 238.7 136.8 122.1 118.7 102.8 92.8 89 85.5 85.3 78.2 82.3 79.9 81.3 79 74.8 76.9 72 76.4 75.3 112.7 85.8 71.9 70.4 67.9 285.8 69.1 66.4 68.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 242.5 0 0 0 0 0 0 0 551.3 (420.9) (376.9) 0.0 121.6 415.3 69.9 69.3 127.8 82.3 147.7 87.2 139.4 47.0 45.1 57.4 43.9 30.5 32.6
Operating Expenses 809.9 2,591 289.6 290.2 278.3 290.9 289.9 328.8 285.5 1,561 287.6 300.8 290.8 286.8 223.4 303.5 306.2 255.3 263.1 223.9 303.4 417.7 303.8 403.3 344.9 440 454.4 547.4 265.1 315.9 231 241.2 230.4 258.5 208.9 204 187.9 212 188.1 189.2 182.7 211.1 190.9 193.6 193.5 188.3 217.4 181.6 257.7 202.2 174.6 171.5 157.6 (1,739.4) 161.6 178.1 168.3 785.5 770 837 801.6 829.8 770.2 715.6 582.2 587.3 554.2 514.7 486.8 549.9 632 695.6 682.3 1,549 720.1 717 668.1 405 430.3 396.4 144.1 551.3 2.2 37.0 0.0 121.6 415.3 69.9 69.3 127.8 82.3 147.7 87.2 139.4 47.0 45.1 57.4 43.9 30.5 32.6
Operating Income
Operating Income 333.2 (1,458.1) 270.9 214.2 277.3 311.7 100.5 206.8 213.1 (1,075.8) 227.7 203.8 209.5 245.1 350.2 344.7 377.7 509.2 463.8 470.9 344.3 217.8 268.5 117.1 317 314.6 275.1 18.3 200.2 230.4 322.1 331.3 321.1 344.3 355.3 318.3 258.6 294.2 306.3 301.5 274.4 303.6 352.7 364 338.1 348.2 329.6 354.8 244.3 293.3 286 273.9 267 222.8 216 202.9 229.8 211.6 227.8 233 225.7 198.7 182.9 71.4 136.9 160.5 151.6 110.4 61.8 84.5 195.2 240 228.1 216.4 256.5 262 232.1 250.3 156.8 191.7 186.6 62.9 113.1 111.6 130.1 45.6 (322.0) 69.4 69.6 58.6 41.3 (20.6) 78.4 9.1 161.3 162.2 202.6 225.1 193.1 195.3
Interest Expense 24.3 23 25.7 20.7 13.1 12.4 13.4 16.3 15.9 16.8 17.3 18.4 18 17.6 18.6 25.8 23.2 23.2 23.1 24.6 23.8 24.4 33.8 34.8 36.3 34.6 35 33 33.1 29.2 29.6 29.5 23.2 23.6 23.6 23.6 24 23.5 23.9 22.1 23.9 73.6 20.4 19.6 18.7 53.9 55.6 48.5 49 41.7 43.2 40.6 42.4 46.6 54.5 60.3 59.2 66.1 64 62.5 56.2 52.6 51.7 39.7 12.4 15.2 16.9 16.5 15.9 0 18.3 19.3 21.5 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
Interest Income 9.2 21.6 10.5 10.5 11.3 24.6 10.9 11 12.4 21.3 10.8 7.1 8.6 17.8 3.3 2.1 1.2 21.6 1.9 0.4 1.3 9.1 2.6 2.4 6.4 14 5.9 3.9 4.7 10.3 4 2.8 4.2 6.4 2.5 1.6 2.9 3.5 2.6 2.5 3.2 68.5 2.4 2.6 2.5 61.3 56 51.1 51.2 45.7 49 52.8 52.5 54.8 71.2 70.9 71.4 76.3 83.4 82.2 76.3 68.6 73.7 54.9 54.1 2.1 1.7 1.2 4.8 0 8 10.5 11.5 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
Profitability
EBITDA 324.5 231.4 410.7 335.2 399.5 373.9 202.5 322.6 343.9 343.6 289.5 295.7 300.5 456.6 321.6 357 393 761.4 759.4 726.7 553 477.3 472 190.5 262.1 410.1 400.1 149.8 326.2 213.7 411.5 376.1 390.4 457.6 451 392 340.2 360.2 395.2 367.5 278.3 380.3 384.7 396.3 426.7 402.5 424.3 494.5 370.2 402.7 408 354.3 346.5 259.2 302.1 373.7 231.9 474.1 241.8 299.4 259 296.3 159.9 335.4 316.1 222.5 185.3 97.4 (5.6) 82.8 220.3 316.4 223.3 216.4 366.2 277.9 248.4 416.5 237.4 191.7 186.6 175.2 131.1 132.7 151.1 167.6 (322.0) 158.3 159.8 140.5 137.1 72.8 163.7 83.1 233.6 231.9 260.0 269.0 223.6 228.0
EBIT 324.5 (1,572.2) 372.4 295.1 358 329.8 158.5 276.2 298.8 (916.7) 247.3 248.3 253.7 408 273.7 307.7 343.5 711 708.4 673.9 501.9 424.1 420.4 140.2 213.7 357.6 351.6 109.5 289.9 177.2 371.9 343.7 356.8 423 421.3 365.8 313.9 334.5 369.6 342.3 253.6 355.3 362.1 373 404 380.5 402.7 472.1 346.8 380.3 386.2 332.4 324.2 236.7 280.5 347.1 207.6 452 206.5 267.3 231.1 265 133.6 314.6 297.8 197.6 165.3 80.7 (21.6) 70.6 203.6 299.3 206.7 216.4 256.5 262 232.1 250.3 156.8 191.7 186.6 138.6 113.1 111.6 130.1 45.6 (322.0) 69.4 69.6 58.6 41.3 (20.6) 78.4 9.1 161.3 162.2 202.6 225.1 193.1 195.3
Income Before Tax 300.2 (1,345.4) 346.7 274.4 344.9 317.4 145.1 259.9 282.9 (933.5) 230 229.9 235.7 390.4 255.1 281.9 320.3 687.8 685.3 649.3 478.1 399.7 386.6 105.4 177.4 323 316.6 76.5 256.8 148 342.3 314.2 333.6 399.4 397.7 342.2 289.9 311 345.7 320.2 229.7 281.7 341.7 353.4 385.3 326.6 347.1 423.6 297.8 338.6 343 291.8 288.2 190.1 226 286.8 148.4 385.9 142.5 204.8 174.9 212.4 81.9 274.9 264.6 182.4 148.4 64.2 (37.5) 6.5 185.3 280 185.2 486.3 263.3 261.5 232.7 248.2 150.5 184.2 171.7 30.5 119.1 111.6 111.6 24.8 (334.0) 53.0 63.3 41.5 (61.5) (43.1) 58.4 (4.2) 144.9 146.2 185.0 209.9 184.7 183.8
Income Tax Expense 81.1 (349.5) (9.7) 77 77.6 78.7 41.5 64 68.7 (266.4) 61.3 65.5 69.9 89.6 86.8 63 82.8 130.7 139.7 154.2 106.5 68.9 91.9 43.4 57.4 80.4 74 14.5 66.2 53.2 61.1 72.3 68.4 (23.2) 123.1 92.6 75.7 92.9 89.8 83.7 71.9 86.9 100.4 109.4 101.3 99.7 94.9 107 89 74.2 92.9 83.5 86.3 62.1 74.2 62.3 73.6 76 59.1 75.4 75.6 55.7 54.5 36.7 50.1 48.2 43.7 36 20.3 35.8 49.2 77.2 73.8 (618) 92.7 91.4 81.9 85.3 48.3 66.8 63.4 27.7 43.8 39.9 39.9 45 (65.8) 43.0 46.4 37.3 (5.4) 20.5 35.6 4.6 60.6 61.2 68.7 75.2 63.5 63.6
Net Income 268.6 (1,061.1) 345.7 203.4 230.3 268.5 114.2 191.4 200.7 (683.1) 190.6 191.4 204.2 247 236.6 180.2 256.9 486 389.3 427.5 327 270.3 250.9 99.7 140.7 239 231.5 40.1 177.7 114.2 269.6 245.1 253.9 408.2 267.5 239.6 212 226.5 241.2 225.5 161 201.9 249.3 257.3 259.6 269.8 256 274.5 187.8 287.4 228.1 202.6 222.2 158.7 170.6 153.9 193.9 202.3 166.9 183 177.5 175.2 154.7 40.8 95 110.9 105.2 75.7 30.7 31.9 131.8 162.8 155.2 180.2 167 175.5 155.2 163.5 102 117.1 107.6 2.5 74.9 71.3 71.6 17.1 (269.0) 10.0 16.8 4.2 (56.1) (63.6) 22.8 38.8 66.4 79.0 89.7 112.6 121.2 120.2
Per Share Data
EPS (Basic) 0.51 -2.63 0.67 -0.03 0.38 0.46 0.12 0.29 0.31 -1.64 0.29 0.29 0.32 0.41 0.39 0.27 0.43 0.92 0.71 0.80 0.58 0.46 0.42 0.09 0.18 0.40 0.36 0.09 0.44 0.28 0.65 0.59 0.62 1.00 0.65 0.58 0.52 0.55 0.58 0.54 0.38 0.48 0.58 0.60 0.60 0.62 0.59 0.63 0.43 0.65 0.51 0.45 0.50 0.35 0.38 0.34 0.43 0.45 0.36 0.39 0.38 0.37 0.32 0.09 0.22 0.25 0.24 0.18 0.08 0.08 0.34 0.42 0.40 0.46 0.42 0.21 0.18 0.21 0.13 0.15 0.14 0.00 0.09 0.09 0.09 0.02 -0.34 0.01 0.02 0.01 -0.07 -0.08 0.03 0.05 0.08 0.10 0.14 0.17 0.19 0.19
EPS (Diluted) 0.51 -2.61 0.66 -0.03 0.38 0.46 0.12 0.29 0.31 -1.64 0.29 0.29 0.32 0.41 0.39 0.26 0.43 0.92 0.71 0.79 0.58 0.46 0.41 0.09 0.18 0.39 0.36 0.09 0.44 0.28 0.65 0.59 0.62 0.99 0.65 0.58 0.52 0.55 0.58 0.54 0.38 0.48 0.58 0.60 0.60 0.62 0.59 0.63 0.43 0.64 0.51 0.45 0.49 0.35 0.38 0.34 0.43 0.45 0.36 0.39 0.38 0.37 0.32 0.09 0.21 0.25 0.24 0.18 0.08 0.08 0.33 0.41 0.39 0.46 0.41 0.21 0.18 0.21 0.13 0.14 0.13 0.00 0.09 0.09 0.09 0.02 -0.34 0.01 0.02 0.01 -0.07 -0.08 0.03 0.05 0.08 0.09 0.14 0.16 0.18 0.18
Shares Outstanding 451.1 451.2 452.4 453.8 452.9 453.3 454.9 455.5 453.2 451.7 451.7 457.9 458.1 457 457 456.5 459.5 463.3 463.3 462.8 461.6 461 461.1 460.1 455.7 454.1 462.8 431.6 387.9 410.1 414.3 401.2 411.3 410 410.5 397.5 395.5 408.6 400.2 418.9 419.1 422.9 418 420.9 420.9 433.2 423.1 423.7 424.1 385.5 448.8 449.1 447.8 447.8 451.3 455.3 454.3 454.3 459.5 465.5 469.9 469.9 476.6 455 439 434.3 431.6 410.6 394.1 386.3 388.4 390.1 390 388 400 797.8 831.9 790.3 790.3 790.6 790.8 794.1 794.1 793.8 793.4 804.3 804.3 804.4 802.4 802.9 803.1 804.6 812.5 808.8 805.5 798.7 645.6 659.9 650.1 648.7
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
Current Assets
Cash & Cash Equivalents 806.9 1,979.8 1,523.8 1,491.9 1,873.4 1,496 1,639.4 1,541.3 1,425.5 1,931.6 1,555.1 1,009.9 889 1,434.1 1,023.6 936.8 1,309.6 2,147.1 2,309.5 1,737.1 1,587.9 1,710.1 1,066.6 987.1 940.5 1,701.2 1,534.3 1,435.3 1,268.3 1,805.4 1,914.3 1,833.9 2,122.3 2,517.7 2,202.2 1,974.2 1,932.7 2,070.2 1,896.3 1,704.1 1,622.3 555.6 597 762 817.7 333.1 1,102.4 457.4 463.1 568.4 508.2 619.1 572.3 734.2 324.3 321.1 290.2 511.5 652.9 243.9 327.0 306.6 267 214.2 293.9 198.6 283.7 410.4 0 116.8
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 15.1 25.9 0 21.7 26.6 29.3 0 906.4 965.2 857.6 0 29.7 27.3 25.8 0 0 0 28.3 0 643.8 0 28.7 0 0 0 0 0 0 0 0 314 154 182.4 147.3 107.2 126.5 124.9 138.8 133.1 121.2 111.5 111.5 148.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 8,959.4 884.7 1,152.7 1,102.8 1,131.1 1,113.1 1,023.6 677.1 708.3 701.5 645.4 703.2 805.7 1,005.5 701.2 747.4 756.3 1,317.6 1,231.4 1,511.9 1,377.1 1,026 979.6 830.2 914.5 1,018.3 1,024.9 974 1,073.3 906.1 1,409.1 1,535.5 1,432.6 1,547.8 1,378.9 1,551.2 1,475.7 1,217.1 1,200 1,901.3 1,610.8 1,111.7 1,128.1 672.4 800.9 669.1 1,479.6 1,678.5 1,771.9 1,286.7 1,514.5 1,402.9 820.4 1,328.2 949.8 901.1 1,001.4 1,025.9 1,425.4 1,264.5 1,566.2 889.2 1,010.9 1,042.7 990.1 795.5 0 0 0 314.1
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 0 166.4 186.5 393 0 56.7 148.2 389.6 0 122.8 118.3 118 116.9 130.8 0 127.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 143 0 0 0 0 18.2
Other Current Assets (8,959.4) 0 0 0 0 0 0 8,135.7 217.3 (462.4) (313.6) 9,530.1 9,770 0 9,632.4 10,271.6 11,414.8 (166) 0 0 0 0 16,096.5 16,013.7 17,437.6 172.9 10,442.4 11,472.6 12,102.7 0 12,268.2 12,199.6 12,902.2 0 12,102.6 10,716.7 9,230.5 8,224.2 7,387.5 6,620.4 6,578.3 1,609 1,697.7 1,418.6 1,227.6 968.5 1,892.6 0 (0.0) 293.9 0 0 311.0 0 153.3 167.4 151.0 185.9 116.3 98.9 120.6 97.2 102.5 115.3 0 131.9 957.9 962.5 548 25.6
Total Current Assets 806.9 2,864.5 2,676.5 2,594.7 3,004.5 2,609.1 2,663 10,354.1 2,351.1 2,170.7 1,886.9 11,258.3 11,490.6 2,439.6 11,378.9 11,982.4 13,510 3,464.7 4,592.1 4,353.8 3,955.1 2,885.3 18,304.6 17,986.9 19,442.9 3,036.4 13,305.2 14,207.6 14,702.9 2,838.6 16,423 15,839.4 16,739.5 4,189.9 15,875.6 14,464.5 12,894.5 11,734.6 10,677.9 10,353.6 9,938.7 3,658 3,645.3 3,121 3,056 2,150.5 4,601.1 2,260.7 2,373.8 2,313.6 2,144.0 2,133.6 1,853.0 2,210.5 1,427.3 1,389.6 1,442.6 1,723.2 2,194.6 1,607.4 2,013.8 1,293.0 1,380.4 1,372.2 1,427 1,126 1,241.6 1,372.9 548 474.7
Non-Current Assets
Property, Plant & Equipment 0 676.1 387.7 453.6 458.4 479 580.3 574.4 583.6 599.5 586.2 585.3 572.6 561.1 504 491.4 499.6 518.1 512.5 524.8 555.9 563.8 858.5 879.6 875.2 583.5 552.3 567.8 462.8 468.7 469.2 475.7 484.4 490.7 483 482.2 467.9 464.7 444.6 432.1 428.9 232.1 221.1 220.7 219.1 201.2 149.6 289.3 308.1 304.2 307.2 303.1 317.6 298.0 315.9 304.3 292.2 304.0 197.0 175.2 170.9 174.5 163.6 152.5 148.1 147.3 131.7 111.9 82 77.3
Goodwill 0 0 8,459.8 8,583.3 8,373 8,318.1 8,730.4 8,605.9 8,621 8,691.5 8,568.8 8,675 8,603.1 8,557.7 8,406.3 8,646.2 8,847.4 8,882.5 8,878.2 8,961.7 8,932.2 8,916.3 8,735.4 8,618.3 8,544.1 8,509.4 8,330.5 8,389.3 7,197.6 7,157.1 7,311.5 7,292 6,604.5 6,590.7 6,573.4 6,269.5 6,169.1 6,129.2 6,242.6 6,239.1 6,292.4 6,688.9 6,425.8 6,467.6 6,272.4 5,904 5,189.8 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 12,331.6 12,404.4 5,731.2 5,751.3 5,746.6 5,749.3 5,816.7 5,818.8 5,832.4 5,848.1 7,100.1 7,118 7,130.8 7,141.2 7,145.5 7,174.4 7,206.2 7,228 7,246.6 7,267.3 7,282.7 7,305.6 7,309.3 7,313.1 7,325.1 7,358.3 7,339.5 7,377.3 2,181.5 2,176.1 2,156.5 2,174 1,559.1 1,558.7 1,561.2 1,397 1,399.6 1,399.4 1,407.9 1,480.3 1,361.2 1,322.8 135.9 139.1 145 139.6 267.4 4,335.5 4,464.9 4,301.2 4,079.7 3,976.2 4,096.9 4,043.3 4,025.3 3,603.1 3,380.7 3,551.9 2,353.3 979.6 1,043.8 1,073.1 1,108.8 1,077.8 1,127.9 1,181.2 1,165.3 1,168 0 0
Long-Term Investments 10,234.7 10,322.5 2,482 2,520 2,414.8 8,294.1 8,429.5 8,356.9 9,420.2 9,221.4 9,066.1 791.2 791.7 2,660.9 717.6 680.8 731.7 9,968.8 8,924.2 8,304.8 7,912.1 8,736.8 561.2 514.1 562.9 8,637.5 7,888.7 7,499.8 7,369 6,827 6,074.6 6,625.2 6,167.1 6,332.6 5,815.2 5,559.6 5,579.8 5,911.4 5,281.2 4,928.9 4,559 6,936.2 6,247.5 842.4 792.5 827.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 3,461.4 817.9 8,701.7 8,594 8,146.3 1,559.3 1,282.7 (6,542.5) 1,268.9 1,690.1 1,320.1 1,030 1,144.5 8,396.3 1,119.6 1,211.5 1,058.9 2,623.5 2,660.3 3,836 6,243.5 8,096.3 268.5 267.1 260.5 11,295.2 475.2 459.6 292.8 126.1 69 52.8 64.5 61.7 64.1 75.7 88 95 83.5 68.8 78 1.1 50.2 29.2 42.6 35.5 210.7 158.3 420.7 411.2 394.6 394.3 400.3 361.2 261.4 213.0 234.3 228.1 298.9 241.0 219.6 208.3 226.5 211 202.1 218.6 211.6 175.5 138.5 143.2
Total Non-Current Assets 26,027.7 24,229.5 25,762.4 25,902.2 25,139.1 24,399.8 24,839.6 16,813.5 25,726.1 26,050.6 27,544.6 18,199.5 18,242.7 27,317.2 17,893 18,204.3 18,343.8 29,220.9 28,221.8 28,894.6 30,926.4 33,618.8 17,732.9 17,592.2 17,567.8 17,910.4 24,586.2 24,293.8 17,503.7 16,755 16,080.8 16,619.7 14,879.6 15,034.4 14,496.9 13,784 13,704.4 13,999.7 13,459.8 13,149.2 12,719.5 15,245.9 13,146.2 7,788.6 7,521.6 7,155.2 6,066.2 4,783.1 5,193.6 5,016.6 4,781.4 4,673.6 4,814.8 4,702.6 4,602.6 4,120.4 3,907.2 4,084.0 2,849.2 1,395.8 1,434.3 1,456.0 1,498.9 1,441.3 1,478.1 1,547.1 1,508.6 1,455.4 220.5 220.5
Total Assets 26,834.6 27,094 28,438.9 28,496.9 28,143.6 27,008.9 27,502.6 27,167.6 28,077.2 28,933.8 29,431.5 29,457.8 29,733.3 29,756.8 29,271.9 30,186.7 31,853.8 32,685.6 32,813.9 33,248.4 34,881.5 36,504.1 36,037.5 35,579.1 37,010.7 39,420.3 37,891.4 38,501.4 32,206.6 30,978.4 32,503.8 32,459.1 31,619.1 31,668.8 30,372.5 28,248.5 26,598.9 25,734.3 24,137.7 23,502.8 22,658.2 18,903.9 16,791.5 10,909.6 10,577.6 9,305.7 10,667.3 7,043.8 7,567.4 7,330.3 6,925.4 6,807.2 6,667.8 6,913.0 6,029.9 5,510.0 5,349.8 5,807.2 5,043.8 3,003.2 3,448.1 2,951.7 2,879.3 2,813.5 2,905.1 2,673.1 2,750.2 2,828.3 768.5 695.2
Current Liabilities
Account Payables 1,510.8 0 1,496.2 1,431.8 1,415.7 30.6 1,455.6 1,362.9 1,321.2 31.5 1,291.6 1,360.7 1,465.8 59.6 1,332.4 1,352.9 1,271.3 39.2 1,401.7 1,485 1,930.8 348.9 1,086.3 1,127.8 1,211.3 414.6 1,896.5 1,950 1,250.6 284.3 864.2 819.7 820.8 320.1 901.9 788.3 766.7 274.3 868.3 928.4 754.9 1,795.1 1,956.9 148.1 1,605.5 1,224.5 1,811.1 0 0 95.6 1,814.6 0 36.5 0 0 0 0 74.8 0 0 0 54.4 1,098 1,082.7 1,099.1 903.5 0 0 0 138.7
Short-Term Debt 0 66.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 599.5 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 0 294.2 301.7 0 399.1 0 0 119.8 361.9 357.9 350.3 0 0 0 22.9 0 0 0 0 0 0 0 0 237.7 948.3 395.9 47.2
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
Other Current Liabilities 0 0 0 0 0 0 0 0 0 (393.9) 0 0 0 0 0 0 0 0 0 742.4 592.2 0 389.5 394.2 369.1 0 851 726.7 340.2 646.5 552.7 446.1 371.6 696.1 608.5 475.1 390.5 654.3 505.7 412.1 331 921.1 659.8 21.9 475.8 373.8 2,235.4 1,882.8 1,934.9 1,295.7 0 1,595.0 964.6 1,765.3 1,088.8 895.4 1,095.8 1,044.8 1,902.1 1,290.0 1,722.1 1,086.9 0 0 0 0 363.5 0 0 167.6
Total Current Liabilities 1,510.8 66.6 1,496.2 1,431.8 1,415.7 830.4 1,455.6 1,362.9 1,321.2 1,254.6 1,700 1,931.3 1,900.5 1,503.3 2,012.8 1,910.9 2,366.2 2,760.9 3,871.1 5,929.5 8,499.7 8,789.8 2,214.1 2,143.8 2,120.7 12,423 13,470 14,430.7 14,139.5 13,195 14,506.6 14,399.7 14,906.1 14,702.3 14,423.8 12,982.2 11,310.3 10,184.3 9,424.1 9,153.7 8,598.1 2,775 2,701.1 2,298.4 2,408.2 1,900.4 4,046.5 2,281.9 1,934.9 1,908.9 1,934.5 1,956.9 1,836.0 2,115.6 1,088.8 895.4 1,095.8 1,142.4 1,902.1 1,290.0 1,722.1 1,141.2 1,098 1,082.7 1,099.1 903.5 601.2 948.3 395.9 353.5
Non-Current Liabilities
Long-Term Debt 10,540.3 9,717.9 1,624.6 1,883.9 964.8 7,091.5 7,452.9 7,561.2 8,627.9 8,611.3 8,470.6 1,488.6 1,488.1 8,078 1,487.1 1,671.2 1,486.2 9,421.2 9,309 8,834.5 8,784.1 8,796.7 2,172 2,407 2,588.8 8,314.9 7,780.9 7,270.1 7,727.4 7,634.8 7,635.1 7,970.4 6,579.1 6,875.6 6,398.9 6,004.3 6,366.5 6,505.5 5,933.2 5,602.3 5,134.4 6,800.1 745.7 745.7 745.7 850 1,143.2 856.4 1,310.1 1,302.0 1,138.9 1,066.9 959.8 891.1 1,352.4 1,265.4 1,112.4 1,435.4 1,284.7 856.9 887.3 1,065.0 1,023.3 1,092.2 1,146.5 1,138.4 1,121.6 1,270.6 329.1 0
Deferred Tax Liabilities 942.4 901.5 1,318.8 1,313.4 1,328.4 1,281.9 1,316.9 1,356.6 1,363.7 1,325.7 1,613.3 0 0 1,662.7 0 0 0 1,626.3 1,591.1 1,575.3 1,566.3 1,523.5 0 0 0 1,529.5 1,523.1 1,538.8 367.6 326.4 304.3 303.5 313.4 275.5 351.5 366.5 390.3 309.7 341 390.1 374.4 258 0 0 0 0 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 578.8 3,063 9,207 8,908.9 8,647.3 1,681.4 1,370.6 531.8 459.1 372.7 730.7 9,329.3 9,534.9 1,190.4 9,268.5 9,917.0 11,214.1 1,908.6 1,768.1 1,118.6 663.6 2,054.2 16,761 16,547.2 17,888.4 2,086.3 757.8 565.7 511.6 489.8 739 649.3 349.5 616.6 649.5 393.2 490.9 1,123 268.1 314 181.5 250.7 5,343.8 244.7 220.9 192.3 472.6 126.1 138.2 138.4 157.1 190.4 192.1 212.5 236.3 194.7 91.6 84.8 35.6 35.9 39.1 40.0 50.1 59.1 74.6 82 499.6 128.4 0 377.2
Total Non-Current Liabilities 12,061.5 14,022.5 12,150.4 12,106.2 10,940.5 10,509.7 10,140.4 9,449.6 10,450.7 10,743.4 10,814.6 10,817.9 11,023 11,411.3 10,755.6 11,588.2 12,700.3 13,245.9 12,668.2 11,528.4 11,014 12,693.6 19,244.6 19,264.8 20,771.1 12,295.5 10,061.8 9,374.6 8,606.6 8,451 8,678.4 8,923.2 7,242 7,767.7 7,399.9 6,764 7,247.7 7,938.2 6,542.3 6,306.4 5,690.3 7,308.8 6,089.5 990.4 966.6 1,042.3 1,615.8 982.5 1,448.3 1,440.3 1,296.0 1,257.4 1,152.0 1,103.6 1,588.7 1,460.2 1,204.0 1,520.2 1,320.3 892.9 926.4 1,105.0 1,073.4 1,151.3 1,221.1 1,220.4 1,621.2 1,399 329.1 377.2
Total Liabilities 13,572.3 14,089.1 13,646.6 13,538 12,356.2 11,340.1 11,596 11,402.2 12,224.4 13,017.8 12,839.8 12,749.2 12,923.5 12,914.6 12,768.4 13,499.1 15,066.5 16,006.8 16,539.3 17,457.9 19,513.7 21,483.4 21,458.7 21,408.6 22,891.8 24,718.5 23,531.8 23,805.3 22,746.1 21,646 22,761.8 23,025.9 22,148.1 22,470 21,514.1 19,746.2 18,558 17,838.8 15,966.4 15,460.1 14,288.4 10,083.8 8,790.6 3,288.8 3,374.8 2,942.7 5,662.3 3,264.4 3,383.2 3,349.3 3,230.5 3,214.3 2,987.9 3,219.1 2,677.5 2,355.6 2,299.8 2,662.7 3,222.4 2,182.9 2,648.5 2,246.2 2,171.4 2,234 2,320.2 2,123.9 2,222.4 2,347.3 725 730.7
Stockholders' Equity
Common Stock 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 113.2 98.1 98.1 98.1 98.1 98.1 98.1 98.1 98.1 98.1 98.1 98.1 98.1 98.1 94.2 91.9 91.9 91.9 85.3 84.6 368.3 372.9 357.2 328.8 313.9 320.1 309.7 288.2 276.5 275.0 288.2 273.0 256.6 269.4 272.5 1,063.9 1,015.5 1,034.7 1,056.9 0 0 0 0
Retained Earnings 6,021.9 5,886.8 7,167.6 6,961.3 7,069 6,990.4 6,874 6,917 6,878 6,826.7 7,658.8 7,617.9 7,577.6 7,518.3 7,416.2 7,323.2 7,287.9 7,169.2 6,821.2 6,570.1 6,279.9 6,085 5,944.5 5,825 5,856.6 5,917.8 5,880 5,856.8 5,942.1 5,884.5 5,892.6 5,747.3 5,626.6 5,489.1 5,199.8 5,051.3 4,930.6 4,833.4 4,721 4,595.5 4,487.6 2,398.2 1,686.8 1,631.4 1,504 1,468.1 1,541.9 936.1 935.3 888.8 878.6 957.1 981.9 1,102.0 1,009.3 932.4 920.1 887.3 861.7 770.5 726.9 615.2 599.6 498.5 476.7 428 (512.4) (529.5) (921.1) (911)
Accumulated Other Comprehensive Income (799) (722.9) (735.7) (664.2) (947.9) (1,036.1) (736.6) (921.9) (897.1) (801.8) (960.6) (818.3) (882.9) (942.4) (1,131) (801.1) (508.5) (441.5) (477.3) (369.8) (407.7) (404.5) (647.9) (816) (905.5) (587.3) (804.3) (671.4) (673.6) (735) (585.8) (563.7) (331.4) (391.2) (448.5) (594.2) (743.7) (809.3) (573.7) (513.9) (348.7) 213.6 340.5 393.6 223.8 (172.4) 3,141.8 1,202.1 1,598.8 1,529.9 1,462.0 1,343.1 1,380.0 (309.5) (314.4) (324.3) (306.3) (257.2) (975.5) (941.1) (965.9) (955.8) (955.6) (934.4) (926.6) (935.7) 0 0 0 0
Total Stockholders' Equity 12,255 12,231 14,005.6 13,873.1 14,698.7 14,559.9 14,754.3 14,585 14,554.8 14,597.6 15,253.9 15,328.9 15,343 15,213.6 14,903.7 15,113.7 15,345 15,495.8 15,080.1 14,908 14,547.8 14,361.8 13,934 13,602 13,499.3 13,862.5 13,573.2 13,934.7 8,669.3 8,578.8 8,987.1 8,817.3 8,895.3 8,696.1 8,314 7,972.5 7,663.3 7,503.8 7,736.7 7,655.9 7,904 8,108.9 7,303 6,912.9 6,495.4 5,604.7 4,991.6 3,779.4 4,184.2 3,981 3,694.9 3,592.9 3,679.8 3,693.9 3,352.5 3,154.4 3,050.0 3,144.5 1,821.4 820.3 799.6 705.6 707.9 579.5 584.9 549.2 527.8 481 43.5 (35.5)
Total Liabilities & Equity 26,834.6 27,094 28,438.9 28,496.9 28,143.6 27,008.9 27,502.6 27,167.6 28,077.2 28,933.8 29,431.5 29,457.8 29,733.3 29,756.8 29,271.9 30,186.7 31,853.8 32,685.6 32,813.9 33,248.4 34,881.5 36,504.1 36,037.5 35,579.1 37,010.7 39,420.3 37,891.4 38,501.4 32,206.6 30,978.4 32,503.8 32,459.1 31,619.1 31,668.8 30,372.5 28,248.5 26,598.9 25,734.3 24,137.7 23,502.8 22,658.2 18,903.9 16,791.5 10,909.6 10,577.6 9,305.7 10,667.3 7,043.8 7,567.4 7,330.3 6,925.4 6,807.2 6,667.8 6,913.0 6,029.9 5,510.0 5,349.8 5,807.2 5,043.8 3,003.2 3,448.1 2,951.7 2,879.3 2,813.5 2,905.1 2,673.1 2,750.2 2,828.3 768.5 695.2
Debt Metrics
Total Debt 10,540.3 10,124.6 1,624.6 1,883.9 964.8 7,546.4 7,452.9 7,561.2 8,627.9 9,045 8,470.6 1,488.6 1,488.1 8,558.2 1,487.1 1,671.2 2,085.7 9,711 9,309 8,834.5 8,784.1 9,115.9 2,507 2,763.9 2,941.9 8,679.7 7,780.9 7,270.1 7,727.4 7,634.8 7,635.1 7,970.4 6,579.1 6,875.6 6,398.9 6,004.3 6,366.5 6,505.5 5,933.2 5,602.3 5,134.4 6,800.1 745.7 745.7 1,039.9 1,151.7 1,143.2 1,255.5 1,310.1 1,302.0 1,258.7 1,428.9 1,317.7 1,241.4 1,352.4 1,265.4 1,112.4 1,458.3 1,284.7 856.9 887.3 1,065.0 1,023.3 1,092.2 1,146.5 1,138.4 1,359.3 2,218.9 725 47.2
Net Debt 9,733.4 8,144.8 100.8 392 (908.6) 6,050.4 5,813.5 6,019.9 7,202.4 7,113.4 6,915.5 478.7 599.1 7,124.1 463.5 734.4 776.1 7,563.9 6,999.5 7,097.4 7,196.2 7,405.8 1,440.4 1,776.8 2,001.4 6,978.5 6,246.6 5,834.8 6,459.1 5,829.4 5,720.8 6,136.5 4,456.8 4,357.9 4,196.7 4,030.1 4,433.8 4,435.3 4,036.9 3,898.2 3,512.1 6,244.5 148.7 (16.3) 222.2 818.6 40.8 798.1 847.0 733.6 750.5 809.7 745.4 507.2 1,028.2 944.3 822.2 946.8 631.9 613.0 560.3 758.4 756.3 878 852.6 939.8 1,075.6 1,808.5 725 (69.6)
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
Operating Activities
Net Income 268.6 0 356.4 (267.3) 267.3 238.7 103.6 191.4 200.7 (683.1) 168.7 164.4 165.8 300.8 168.3 218.9 237.5 557.1 545.6 495.1 371.6 330.8 294.7 62 120 242.6 242.6 62 190.6 114.5 281.2 241.9 265.2 408.2 259.5 232.4 214.2 240.6 255.9 236.5 157.8 109.2 122.4 130.1 68.4 69.6 58.6 83.6 (39.6) 34.6 (17.5) 74.7 86.0 95.7 80.0 104.9 131.1 116.4 128.2 115.4 120.2 80.2
Depreciation & Amortization 0 0 38.3 (41.5) 41.5 44.1 44 46.4 45.1 46.4 42.2 47.4 46.8 48.6 47.9 49.3 49.5 50.4 51 52.8 51.1 53.2 51.6 50.3 48.4 52.5 48.5 40.3 36.3 36.5 39.6 32.4 33.6 34.6 29.7 26.2 26.3 25.7 25.6 25.2 24.7 17.4 19.3 21.1 88.9 90.3 81.9 92.8 95.8 86.1 93.4 84.4 85.3 74.8 74.0 83.3 72.3 57.4 43.9 30.5 32.6 43.7
Stock-Based Compensation 0 0 20.9 (15.2) 15.2 14.1 51 18.4 21.1 20.9 23.9 32 37.8 23.1 26 27.6 29.5 34.1 33.2 34.2 38.6 50.3 43 47.8 47.4 48.7 49.4 59.6 49.8 47.9 42.7 40.9 40.9 40.4 42.4 43.3 49.2 41.3 39.3 40.4 38.7 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 (226.8) (244.6) 187 517.7 (517.7) (35.1) 314.1 191.5 (324.3) (240.6) 203.8 261.1 (397.3) 154.9 227.7 (121.7) (632.4) (243.6) 96 128.5 (275.2) 222.8 147.8 79.9 (518.8) 85.4 85.4 344.9 (314) 20 158.6 119.4 (351.1) (34.3) (38.3) 112.5 (201.6) (327.6) 84.1 1.6 (212.2) 189.4 71.7 (85.2) (5.7) (138.8) (2.3) (24.0) 138.0 (73.9) (155.8) 113.1 51.3 (0.6) (138.3) 149.5 0.6 (400.0) 383.7 (64.6) 17.4 (47.7)
Other Non-Cash Items 170.8 700.4 3.6 354.2 109.1 55.1 (74.3) 41.4 3 1,570.7 (84.5) (173.6) 48 (63.9) 22.1 (51) (59.5) (401.7) (124.8) (202.9) (213) (89.5) (135.3) 97.9 226 34.4 (104) (39) (83.1) (52.2) (256.8) (0.7) (40.8) (90.2) 96.5 (120.6) 38.4 (392.8) (37.4) (57.9) (77.8) (53.3) (39.9) (41.5) (13.2) (78.8) (45.8) (79.7) (55.1) (81.0) (84.1) 112.0 (125.8) (36.7) (52.8) (19.8) (135.6) 51.1 10.0 (50.9) 63.1 49.8
Operating Cash Flow 212.6 455.8 606.2 547.9 (84.6) 316.9 438.4 489.1 (54.4) 714.3 354.1 331.3 (98.9) 463.5 492 123.1 (375.4) (3.7) 601 507.7 (26.9) 567.6 401.8 337.9 (77) 463.6 321.9 467.8 (120.4) 166.7 265.3 449 (52.2) 358.7 389.8 256.7 126.5 (412.8) 368.2 245.8 (68.8) 257.7 169.7 24.4 138.4 (57.8) 92.4 72.7 139.0 (34.2) (164.0) 384.2 96.8 133.3 (37.1) 317.9 68.4 (175.2) 565.8 30.5 233.4 126.0
Investing Activities
Capital Expenditure (212.6) (23.6) (19.8) 23.4 (23.4) 7 (28.4) (26.7) (21) (40.3) (39.2) (46.7) (38.1) (73.1) (62.7) (33.2) (23.9) (35.6) (26) (26.9) (20.3) (41.4) (26.4) (28) (19.2) (48.7) (26.6) (27.9) (21.1) (34.2) (22.1) (25.6) (20.6) (29) (22.8) (32.8) (27.1) (46.4) (36) (39.3) (26) (5.4) (5.5) (12.8) (3.1) (14.5) (28.9) (9.9) (17.7) (8.8) (34.6) (32.1) (15.0) (6.3) (16.2) (26.2) (32.3) (36.5) (17.7) (24.5) (14.0) (29.8)
Acquisitions 0 0 0 0 0 0 0 0 0 (39.7) 0 0 0 0 0 0 0 0 0 0 0 0 0.2 (0.2) 0 (38.2) (11.2) 339.9 0 0 0 0 0 0 (299.2) 0 0 0 0 (88.7) (33.2) 0 0 0 0.7 (52.0) (32.3) (0.1) (1.3) (16.3) 0 0 0 0 12.4 (315.9) (97.8) (125.7) 0 0 0 0
Purchases of Investments 0 0 (1,153.6) 687.8 (687.8) (1,231.8) (1,498.8) (1,231) (511) (1,210.2) (814.2) (649.6) (636) (442.4) (680.1) (725.1) (1,104) (1,249.6) (1,620) (1,864.1) (1,469.7) (980.2) (906.3) (1,191.1) (1,624.6) (2,260.3) (998.2) (1,382) (817.9) (746.8) (1,784.4) (1,143.2) (967.4) (1,330.9) (1,380.1) (1,405.7) (1,770.1) (1,364.3) (1,214.8) (807.3) (478.5) (4.4) 0 0 0 0 0 0 0 0 35.9 3.4 (90.6) (8.8) 10.1 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 933.3 (717.9) 717.9 1,169.4 1,505.8 1,488.1 237.8 937.9 913.7 596.3 690.5 384 638.8 645.2 1,038.4 985.3 1,272.5 1,803 1,349.9 979.8 801.6 896.9 1,238 1,651.9 852 851.3 423 598.5 918.9 1,122.4 690.2 830 1,107.1 1,516.4 1,750.3 1,163.3 974.6 547.5 419.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (733.2) (352.2) (14.7) (268.7) (98.7) 38.5 49.3 114.3 6.9 90.7 6.2 5.3 29.1 (6.1) 21.8 36.4 10.4 40.1 9.1 4.2 0.2 5.7 44.9 31.4 (46.2) 39.2 (51) 17.8 82.6 (33.3) 22.2 (1,473.3) 0 58.8 32.6 28 9.3 8.6 7.2 12.1 10.7 55.9 (6.7) 0 (4.7) 2.2 5.4 (6.8) 7.8 1.6 (0.0) 0 0 0 0 (43.4) 11.6 20.4 (235.7) (8.0) (21.0) 22.5
Investing Cash Flow (733.2) (352.2) (254.8) (275.4) (92) (16.9) 27.9 344.7 (287.3) (261.6) 66.5 (94.7) 45.5 (137.6) (82.2) (76.7) (79.1) (259.8) (364.4) (83.8) (139.9) (36.1) (86) (291) (452) (656.1) (235) (200.9) (333.4) (215.8) (865.4) (1,519.7) (297.8) (471.1) (562.4) 105.9 (37.6) (238.8) (269) (375.7) (107.1) 46.0 (12.2) (12.8) (7.0) (64.3) (55.7) (16.8) (11.2) (23.5) 1.3 (28.7) (105.7) (15.1) 6.2 (385.5) (118.4) (141.8) (253.4) (32.5) (35.0) (7.3)
Financing Activities
Net Debt Issuance 196 1,110 (187.3) 596 756.7 (197.7) (192.9) (498.1) (34.2) 22.2 4.9 189.6 34.5 (25.4) (216.3) (430.2) 96.9 134.1 514.2 40.5 225.8 (58.5) (179.2) 131.1 583.5 512.6 536.7 80.5 68.6 67.4 708.6 922.1 51.1 477.3 422.8 (340.5) (186) 555.2 318.5 358.2 (46.8) (25.0) 0 0 (27.3) 9.1 110.7 (88.6) (160.1) 99.0 67.6 (154.8) 111.8 (137.7) 41.7 84.2 139.5 197.3 71.2 (18.0) (174.2) (5.7)
Stock Repurchased (69.2) (615.8) (29.2) (25.5) (43.1) (26) (30.2) (2.7) (20.4) (4.4) (3.9) (151.5) (27.7) (4.6) (5.7) (1.9) (232.5) (2.8) (10.5) (2.9) (44.7) (6.4) (5.8) (3.4) (31.5) (14.4) (311.6) (65.2) (78.6) (2.1) (2.8) (7.6) (39.3) (5.2) (1.3) (4.8) (52.5) (150) (180.7) (82.4) (161.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (133.5) (139) (139.4) (151.8) (151.7) (152) (154.5) (152.4) (149.4) (149.4) (149.3) (151.1) (144.9) (144.9) (144.9) (144.8) (137) (138) (138) (137.8) (130.7) (130.7) (130.6) (132.8) (200.1) (216.3) (207.2) (125.4) (120.1) (122.3) (124.3) (124.4) (119.6) (118.9) (119) (118.9) (114.8) (114.1) (115.7) (117.6) (113) (0.0) 0 0 0 0 (78.4) (0.4) 0 0 (67.5) (0.5) 0 0 (52.1) (2.9) 0 (41.3) 1.5 0 0 (35.7)
Other Financing Activities 278 0.9 45.8 (1,143.5) (32.6) (16.8) (31.5) (58.5) 55.7 21.3 22.8 (58.1) (40.4) 6.8 101.1 99.2 217.3 109.8 (6.6) (382.5) 87.4 140 14 (19.9) (255.6) 43.3 17.9 21.1 43.1 12.9 207.7 49.4 63.2 36.6 64.6 100 129.6 162.5 30.2 15.1 71.9 0 (173.0) (106.7) (96.9) 0 71.6 0 (87.7) 0 (21.2) (9.0) (93.8) 3.1 159.8 0.0 (67.8) (233.1) 0.0 (55.3) 0 13.6
Financing Cash Flow 271.3 356.1 (310.1) (724.8) 529.3 (392.5) (409.1) (711.7) (148.3) (110.3) (125.5) (171.1) (178.5) (168.1) (265.8) (477.7) (55.3) 103.1 359.1 (482.7) 137.8 (55.6) (301.6) (25) 96.3 325.2 35.8 (89) (87) (44.1) 789.2 839.5 (44.6) 389.8 367.1 (364.2) (223.7) 453.6 53 173.3 (249.5) (24.1) (173.0) (106.7) (124.2) 9.1 103.8 (89.0) (247.8) 99.0 (21.2) (164.2) 18.0 (134.6) 149.3 81.3 71.7 (77.1) 72.7 (73.3) (174.2) (27.9)
Cash Position
Net Change in Cash (1,172.9) 456 31.9 (381.5) 377.4 (143.4) 98.1 115.8 (506.1) 376.5 268 72.2 (219.2) 208.1 93.2 (481.3) (533) (162.4) 572.4 (58.8) (43.4) 518.7 49.4 41.7 (471.7) 166.9 99 167 (537.1) (108.9) 80.4 (288.4) (395.4) 290.1 228 41.5 (137.5) (253.3) 135.1 (8.3) (396.9) 285.7 (29.8) (80.1) (5.7) (124.3) 86.4 (26.2) (110.9) 57.9 (161.9) 204.0 46.4 (16.4) 186.8 3.1 30.9 (141.4) 409.0 (83.1) 24.6 39.6
Cash at Beginning 1,979.8 1,523.8 1,491.9 1,873.4 1,496 1,639.4 1,541.3 1,425.5 1,931.6 1,555.1 1,287.1 1,214.9 1,434.1 1,226 1,132.8 1,614.1 2,147.1 2,309.5 1,737.1 1,795.9 1,839.3 1,320.6 1,271.2 1,229.5 1,701.2 1,534.3 1,435.3 1,268.3 1,805.4 1,914.3 1,833.9 2,122.3 2,517.7 1,716.3 1,974.2 1,932.7 2,070.2 1,581.3 1,446.2 1,454.5 1,851.4 428.7 458.4 538.5 463.1 587.4 482.0 508.2 619.1 561.2 734.2 530.2 483.8 500.2 324.3 321.1 290.2 652.9 243.9 327.0 302.3 267
Cash at End 806.9 1,979.8 1,523.8 1,491.9 1,873.4 1,496 1,639.4 1,541.3 1,425.5 1,931.6 1,555.1 1,287.1 1,214.9 1,434.1 1,226 1,132.8 1,614.1 2,147.1 2,309.5 1,737.1 1,795.9 1,839.3 1,320.6 1,271.2 1,229.5 1,701.2 1,534.3 1,435.3 1,268.3 1,805.4 1,914.3 1,833.9 2,122.3 2,006.4 2,202.2 1,974.2 1,932.7 1,328 1,581.3 1,446.2 1,454.5 717.9 428.7 458.4 457.4 463.1 568.4 482.0 508.2 619.1 572.3 734.2 530.2 483.8 511.1 324.3 321.1 511.5 652.9 243.9 327.0 306.6
Free Cash Flow 0 432.2 586.4 571.3 (108) 323.9 410 462.4 (75.4) 674 314.9 284.6 (137) 390.4 429.3 89.9 (399.3) (39.3) 575 480.8 (47.2) 526.2 375.4 309.9 (96.2) 414.9 295.3 439.9 (141.5) 132.5 243.2 423.4 (72.8) 329.7 367 223.9 99.4 (459.2) 332.2 206.5 (94.8) 252.3 164.2 11.7 135.4 (72.3) 63.6 62.8 121.4 (43.0) (198.6) 352.2 81.8 127.0 (53.3) 291.7 36.1 (211.7) 548.1 6.0 219.4 96.3
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 1,744.5 1,692 1,640.4 1,515.5 1,529.2 1,593 1,515.4 1,483.3 1,475.3 1,413.4 1,442 1,442.8 1,418.2 1,443.4 1,445.7 1,530.4 1,629.4 1,763.4 1,750 1,721.4 1,659.7 1,630.1 1,497.6 1,419 1,598.9 1,742.8 1,720.6 1,439.4 1,214.6 1,255.9 1,341.8 1,360.6 1,355.8 1,375.6 1,337.7 1,254.4 1,192.6 1,194.7 1,201.6 1,189.4 1,148.7 1,239.7 1,273.5 1,318.1 1,291.6 1,276.7 1,311 1,289.9 1,269.5 1,225.1 1,171.8 1,135.5 1,112.2 1,092.9 1,013.9 1,009 1,033.7 997.1 997.8 1,070 1,027.3 1,028.5 953.1 787 719.1 747.8 705.8 625.1 548.6 634.4 827.2 935.6 910.4 1,765.4 720.3 722.5 670.7 655.3 587.1 588.1 584.1 614.2 533.7 528.6 540.5 666.0 509.1 525.0 531.3 640.5 466.4 515.5 565.0 531.0 602.6 605.6 665.7 657.5 583.4 588.8
Gross Profit 1,143.1 1,132.9 560.5 504.4 555.6 602.6 390.4 535.6 498.6 485.2 515.3 504.6 500.3 531.9 573.6 648.2 683.9 764.5 726.9 694.8 647.7 635.5 572.3 520.4 661.9 754.6 729.5 565.7 465.3 546.3 553.1 572.5 551.5 602.8 569.2 522.3 445.8 506.2 494.4 490.7 457.1 514.7 543.6 557.6 531.6 536.5 547 536.4 502 495.5 460.6 445.4 424.6 (1,516.6) 372.5 377.9 398.1 997.1 997.8 1,070 1,027.3 1,028.5 953.1 787 719.1 747.8 705.8 625.1 548.6 634.4 827.2 935.6 910.4 1,765.4 976.6 979 900.2 655.3 587.1 588.1 330.8 614.2 112.8 129.4 130.1 167.2 93.3 139.2 138.8 186.4 123.6 127.2 165.6 148.5 208.3 207.3 260.0 269.0 223.6 228.0
Operating Income 333.2 (1,458.1) 270.9 214.2 277.3 311.7 100.5 206.8 213.1 (1,075.8) 227.7 203.8 209.5 245.1 350.2 344.7 377.7 509.2 463.8 470.9 344.3 217.8 268.5 117.1 317 314.6 275.1 18.3 200.2 230.4 322.1 331.3 321.1 344.3 355.3 318.3 258.6 294.2 306.3 301.5 274.4 303.6 352.7 364 338.1 348.2 329.6 354.8 244.3 293.3 286 273.9 267 222.8 216 202.9 229.8 211.6 227.8 233 225.7 198.7 182.9 71.4 136.9 160.5 151.6 110.4 61.8 84.5 195.2 240 228.1 216.4 256.5 262 232.1 250.3 156.8 191.7 186.6 62.9 113.1 111.6 130.1 45.6 (322.0) 69.4 69.6 58.6 41.3 (20.6) 78.4 9.1 161.3 162.2 202.6 225.1 193.1 195.3
Net Income 268.6 (1,061.1) 345.7 203.4 230.3 268.5 114.2 191.4 200.7 (683.1) 190.6 191.4 204.2 247 236.6 180.2 256.9 486 389.3 427.5 327 270.3 250.9 99.7 140.7 239 231.5 40.1 177.7 114.2 269.6 245.1 253.9 408.2 267.5 239.6 212 226.5 241.2 225.5 161 201.9 249.3 257.3 259.6 269.8 256 274.5 187.8 287.4 228.1 202.6 222.2 158.7 170.6 153.9 193.9 202.3 166.9 183 177.5 175.2 154.7 40.8 95 110.9 105.2 75.7 30.7 31.9 131.8 162.8 155.2 180.2 167 175.5 155.2 163.5 102 117.1 107.6 2.5 74.9 71.3 71.6 17.1 (269.0) 10.0 16.8 4.2 (56.1) (63.6) 22.8 38.8 66.4 79.0 89.7 112.6 121.2 120.2
EPS (Diluted) 0.51 -2.61 0.66 -0.03 0.38 0.46 0.12 0.29 0.31 -1.64 0.29 0.29 0.32 0.41 0.39 0.26 0.43 0.92 0.71 0.79 0.58 0.46 0.41 0.09 0.18 0.39 0.36 0.09 0.44 0.28 0.65 0.59 0.62 0.99 0.65 0.58 0.52 0.55 0.58 0.54 0.38 0.48 0.58 0.60 0.60 0.62 0.59 0.63 0.43 0.64 0.51 0.45 0.49 0.35 0.38 0.34 0.43 0.45 0.36 0.39 0.38 0.37 0.32 0.09 0.21 0.25 0.24 0.18 0.08 0.08 0.33 0.41 0.39 0.46 0.41 0.21 0.18 0.21 0.13 0.14 0.13 0.00 0.09 0.09 0.09 0.02 -0.34 0.01 0.02 0.01 -0.07 -0.08 0.03 0.05 0.08 0.09 0.14 0.16 0.18 0.18
Balance Sheet
Cash & Equivalents 806.9 1,979.8 1,523.8 1,491.9 1,873.4 1,496 1,639.4 1,541.3 1,425.5 1,931.6 1,555.1 1,009.9 889 1,434.1 1,023.6 936.8 1,309.6 2,147.1 2,309.5 1,737.1 1,587.9 1,710.1 1,066.6 987.1 940.5 1,701.2 1,534.3 1,435.3 1,268.3 1,805.4 1,914.3 1,833.9 2,122.3 2,517.7 2,202.2 1,974.2 1,932.7 2,070.2 1,896.3 1,704.1 1,622.3 555.6 597 762 817.7 333.1 1,102.4 457.4 463.1 568.4 508.2 619.1 572.3 734.2 324.3 321.1 290.2 511.5 652.9 243.9 327.0 306.6 267 214.2 293.9 198.6 283.7 410.4 0 116.8
Total Assets 26,834.6 27,094 28,438.9 28,496.9 28,143.6 27,008.9 27,502.6 27,167.6 28,077.2 28,933.8 29,431.5 29,457.8 29,733.3 29,756.8 29,271.9 30,186.7 31,853.8 32,685.6 32,813.9 33,248.4 34,881.5 36,504.1 36,037.5 35,579.1 37,010.7 39,420.3 37,891.4 38,501.4 32,206.6 30,978.4 32,503.8 32,459.1 31,619.1 31,668.8 30,372.5 28,248.5 26,598.9 25,734.3 24,137.7 23,502.8 22,658.2 18,903.9 16,791.5 10,909.6 10,577.6 9,305.7 10,667.3 7,043.8 7,567.4 7,330.3 6,925.4 6,807.2 6,667.8 6,913.0 6,029.9 5,510.0 5,349.8 5,807.2 5,043.8 3,003.2 3,448.1 2,951.7 2,879.3 2,813.5 2,905.1 2,673.1 2,750.2 2,828.3 768.5 695.2
Total Debt 10,540.3 10,124.6 1,624.6 1,883.9 964.8 7,546.4 7,452.9 7,561.2 8,627.9 9,045 8,470.6 1,488.6 1,488.1 8,558.2 1,487.1 1,671.2 2,085.7 9,711 9,309 8,834.5 8,784.1 9,115.9 2,507 2,763.9 2,941.9 8,679.7 7,780.9 7,270.1 7,727.4 7,634.8 7,635.1 7,970.4 6,579.1 6,875.6 6,398.9 6,004.3 6,366.5 6,505.5 5,933.2 5,602.3 5,134.4 6,800.1 745.7 745.7 1,039.9 1,151.7 1,143.2 1,255.5 1,310.1 1,302.0 1,258.7 1,428.9 1,317.7 1,241.4 1,352.4 1,265.4 1,112.4 1,458.3 1,284.7 856.9 887.3 1,065.0 1,023.3 1,092.2 1,146.5 1,138.4 1,359.3 2,218.9 725 47.2
Stockholders' Equity 12,255 12,231 14,005.6 13,873.1 14,698.7 14,559.9 14,754.3 14,585 14,554.8 14,597.6 15,253.9 15,328.9 15,343 15,213.6 14,903.7 15,113.7 15,345 15,495.8 15,080.1 14,908 14,547.8 14,361.8 13,934 13,602 13,499.3 13,862.5 13,573.2 13,934.7 8,669.3 8,578.8 8,987.1 8,817.3 8,895.3 8,696.1 8,314 7,972.5 7,663.3 7,503.8 7,736.7 7,655.9 7,904 8,108.9 7,303 6,912.9 6,495.4 5,604.7 4,991.6 3,779.4 4,184.2 3,981 3,694.9 3,592.9 3,679.8 3,693.9 3,352.5 3,154.4 3,050.0 3,144.5 1,821.4 820.3 799.6 705.6 707.9 579.5 584.9 549.2 527.8 481 43.5 (35.5)
Cash Flow
Operating Cash Flow 212.6 455.8 606.2 547.9 (84.6) 316.9 438.4 489.1 (54.4) 714.3 354.1 331.3 (98.9) 463.5 492 123.1 (375.4) (3.7) 601 507.7 (26.9) 567.6 401.8 337.9 (77) 463.6 321.9 467.8 (120.4) 166.7 265.3 449 (52.2) 358.7 389.8 256.7 126.5 (412.8) 368.2 245.8 (68.8) 257.7 169.7 24.4 138.4 (57.8) 92.4 72.7 139.0 (34.2) (164.0) 384.2 96.8 133.3 (37.1) 317.9 68.4 (175.2) 565.8 30.5 233.4 126.0
Capital Expenditure (212.6) (23.6) (19.8) 23.4 (23.4) 7 (28.4) (26.7) (21) (40.3) (39.2) (46.7) (38.1) (73.1) (62.7) (33.2) (23.9) (35.6) (26) (26.9) (20.3) (41.4) (26.4) (28) (19.2) (48.7) (26.6) (27.9) (21.1) (34.2) (22.1) (25.6) (20.6) (29) (22.8) (32.8) (27.1) (46.4) (36) (39.3) (26) (5.4) (5.5) (12.8) (3.1) (14.5) (28.9) (9.9) (17.7) (8.8) (34.6) (32.1) (15.0) (6.3) (16.2) (26.2) (32.3) (36.5) (17.7) (24.5) (14.0) (29.8)
Free Cash Flow 0 432.2 586.4 571.3 (108) 323.9 410 462.4 (75.4) 674 314.9 284.6 (137) 390.4 429.3 89.9 (399.3) (39.3) 575 480.8 (47.2) 526.2 375.4 309.9 (96.2) 414.9 295.3 439.9 (141.5) 132.5 243.2 423.4 (72.8) 329.7 367 223.9 99.4 (459.2) 332.2 206.5 (94.8) 252.3 164.2 11.7 135.4 (72.3) 63.6 62.8 121.4 (43.0) (198.6) 352.2 81.8 127.0 (53.3) 291.7 36.1 (211.7) 548.1 6.0 219.4 96.3