J.B. Hunt Transport Services, Inc. logo JBHT - J.B. Hunt Transport Services, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 25
HOLD 20
SELL 0
STRONG
SELL
0
| PRICE TARGET: $225.82 DETAILS
HIGH: $285.00
LOW: $180.00
MEDIAN: $230.00
CONSENSUS: $225.82
DOWNSIDE: 12.73%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 11,999.1 12,087.2 12,829.7 14,814.0 12,168.3 9,636.6 9,165.3 8,614.9 7,189.6 6,555.5 6,187.6 6,165.4 5,584.6 5,055.0 4,526.8 3,793.5 3,203.3 3,731.9 3,489.9 3,328.0 3,127.9 2,786.2 2,433.5 2,247.9 2,100.3 2,160.4 2,045.1 1,841.6 1,554.3 1,486.7 1,352.2 1,207.6 1,020.9
Cost of Revenue 10,402.5 10,024.0 10,619.5 12,341.5 10,298.5 8,186.7 7,659.0 7,255.7 5,990.3 5,369.8 5,041.5 5,124.1 4,653.1 4,218.2 3,802.3 3,163.0 1,772.7 2,097.3 1,785.2 1,812.0 1,658.1 1,399.6 1,214.4 1,096.1 1,018.9 1,107.5 1,025.3 887.4 747.5 742.4 600.8 540.1 388.2
Gross Profit 1,596.6 2,063.2 2,210.1 2,472.5 1,869.8 1,449.9 1,506.3 1,359.2 1,199.3 1,185.6 1,146.2 1,041.3 931.5 836.8 724.5 630.5 1,430.6 1,634.6 1,704.7 1,516.0 1,469.8 1,386.4 1,219.6 1,151.9 1,081.4 1,052.9 1,019.8 954.2 806.8 744.4 751.4 667.5 632.7
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
SG&A Expenses 660.0 664.0 632.6 570.2 395.5 348.1 384.0 323.6 273.4 185.4 166.8 152.5 119.8 98.5 92.0 103.5 864.0 920.2 958.0 104.8 101.2 116.3 121.7 110.0 86.0 92.1 96.6 78.0 608.5 105.3 556.1 64.9 442
Other Expenses 71.6 567.9 584.4 570.8 428.8 388.7 388.4 354.6 302.1 279.2 263.7 257.3 235.0 208.1 188.3 179.4 318.7 356.0 378.0 1,038.5 1,024.7 960.1 911.9 940.9 923.2 897.4 848.9 774.7 155.4 578.7 174.0 517.7 190.7
Operating Expenses 731.6 1,231.9 1,216.9 1,141.0 824.3 736.8 772.4 678.2 575.5 464.6 430.5 409.8 354.8 306.6 280.3 282.9 1,182.6 1,276.2 1,335.9 1,143.3 1,125.9 1,076.4 1,033.6 1,050.9 1,009.2 989.5 945.5 852.7 763.9 684.0 730.1 582.6 632.7
Operating Income
Operating Income 865.1 831.2 993.2 1,331.6 1,045.5 713.1 733.8 681.0 623.8 721.0 715.7 631.5 576.7 530.2 444.2 347.6 248.0 358.4 368.8 372.7 343.9 310 186 101 72.2 63.4 74.3 101.5 42.9 60.4 21.3 84.9 136.4
Interest Expense 71.0 79.0 65.9 51.2 46.3 47.6 54.7 40.4 28.8 25.3 25.6 27.0 23.2 25.6 28.5 28.0 27.4 35.3 43.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 7.3 7.6 1.1 0.5 0.5 1.8 0.2 0.2 0.1 0.1 0.1 0.1 0.0 0.0 0.1 0.1 0.9 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,579.9 1,599.7 1,738.8 1,977.1 1,603.1 1,241.0 1,234.7 1,117.1 1,007.5 1,082.6 1,055.4 926.1 830.2 759.4 658.2 544.8 440.5 559.9 573.7 556.3 506.9 (994.6) (941.7) 943.9 (846.3) (948.7) (842.6) (678.3) 222.9 574.0 221.7 (382.5) 219.6
EBIT 865.1 838.5 1,000.8 1,332.6 1,046.0 713.6 735.6 681.2 624.0 721.1 715.8 631.6 576.8 530.2 444.2 347.7 251.5 357.6 368.6 372.7 343.9 (1,144.4) (1,091.9) 798.0 (989.1) (1,083.1) (991.5) (818.6) 92.2 449.1 91.4 (493.1) 136.4
Income Before Tax 794.1 759.5 934.9 1,281.4 999.8 666.0 680.9 640.8 595.2 695.8 690.2 604.6 553.6 504.6 415.7 319.7 224.1 322.2 325.0 354.3 333.6 302.3 167.7 74.8 43.1 42.4 49.1 74.3 18.3 35.7 (3.4) 65.1 64.8
Income Tax Expense 195.8 188.6 206.6 312.0 239.0 160.0 164.6 151.2 (91.0) 263.7 263.0 229.8 211.2 194.3 158.7 120.1 87.6 121.6 111.9 134.4 126.3 156.0 72.3 23.0 10.1 6.4 17.2 27.5 7 13.6 (1.3) 24.8 26.6
Net Income 598.3 570.9 728.3 969.4 760.8 506.0 516.3 489.6 686.3 432.1 427.2 374.8 342.4 310.4 257.0 199.6 136.4 200.6 213.1 220.0 207.3 146 96 51.8 32.9 36.1 31.9 46.8 11.4 22.1 (2.2) 40.4 38.2
Per Share Data
EPS (Basic) 6.12 5.60 7.06 9.31 7.22 4.79 4.81 4.50 6.25 3.88 3.75 3.22 2.92 2.64 2.20 1.64 1.07 1.59 1.59 1.48 1.32 0.91 0.60 0.34 0.23 0.26 0.23 0.33 0.08 0.14 -0.01 0.26 0.25
EPS (Diluted) 6.12 5.56 6.97 9.21 7.14 4.74 4.77 4.43 6.18 3.81 3.66 3.16 2.87 2.59 2.11 1.56 1.05 1.56 1.55 1.44 1.28 0.88 0.58 0.33 0.23 0.26 0.23 0.32 0.08 0.14 -0.01 0.26 0.25
Shares Outstanding 97.7 101.9 103.2 104.1 105.4 105.7 107.3 108.7 109.8 111.3 113.9 116.6 117.2 117.5 116.9 121.5 126.5 125.2 134.3 148.6 157.6 160.4 160 152.4 143.0 141.6 141.8 142.3 147.1 151.7 146.7 153.9 152.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 17.3 47.0 53.3 51.9 355.5 313.3 35 7.6 14.6 6.4 7.8 2.4 23.8 61.2 80.6 49.2 5.4 12.6 9.2 3.7 3.8 4.3 2.1 3.4
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
Net Receivables 1,360.1 1,481.9 1,566.2 1,858.8 1,723.2 1,310.3 1,011.8 1,326.2 1,204.3 935.0 310.3 280.6 308.6 256.0 237.2 233.2 225.8 238.6 184.4 169.2 153.9 143 138.3 137.3
Inventory 42.2 41.7 42.2 40.6 25.0 23.8 21.1 22.0 20.7 18.6 17.3 18.2 9.7 8.6 9.5 8.9 7.2 7.8 6.9 6.3 6.8 6.4 16.3 0
Other Current Assets 184.6 200.4 299.5 0 (9.5) 0 230.3 0 0 189.7 8.4 27.0 16.3 39.8 105.9 93.4 92.6 36.1 24.8 5.1 19.4 3.7 (16.3) 27.8
Total Current Assets 1,604.2 1,771.0 1,961.2 2,211.8 2,303.8 1,842.1 1,481.3 1,503.0 1,221.5 945.7 392.5 396.3 464.0 423.0 433.2 384.8 331.0 295.1 225.3 200.0 202.1 187.1 181.2 168.5
Non-Current Assets
Property, Plant & Equipment 5,787.4 6,038.0 6,124.1 5,289.7 4,251.3 3,825.7 3,620.9 3,445.1 2,983.3 2,818.8 1,444.7 1,386.5 1,011.4 885.0 844.6 831.7 845.2 785.9 925.4 796.8 813.3 809.0 789.7 681.6
Goodwill 134.1 134.1 134.1 120.4 100.5 105.4 96.3 40.1 39.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 76.3 97 133.9 115.9 90.6 106.8 106.5 65.1 73.7 2.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 36.3 33.9 31.6 25.1 32.3 35.6 (699,078) 15.7 16.4 17.8 9.4 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 288.9 238.4 203.3 23.6 6.3 12.8 165.9 (65.7) (54.0) (746.3) (0.1) 0.6 (25,397.7) (23,459.9) (10,701.0) (3,106.2) 55.8 46.4 20.8 25.2 25.6 20.7 22.8 12.3
Total Non-Current Assets 6,537.2 6,756.1 6,844.1 5,793.2 4,640.6 4,223.4 3,989.6 3,588.7 3,126.6 2,883.3 1,464.4 1,397.2 1,027.7 924.1 885.5 875.5 901.0 832.3 946.2 822.0 838.8 829.7 812.5 693.9
Total Assets 8,141.4 8,527.1 8,805.3 8,005.0 6,953.9 6,065.5 5,470.9 5,091.6 4,348.1 3,829.0 1,856.9 1,793.5 1,491.7 1,347.1 1,318.7 1,260.3 1,231.9 1,127.5 1,171.5 1,021.9 1,040.9 1,016.8 993.7 862.4
Current Liabilities
Account Payables 655.6 645.9 737.4 798.8 772.7 587.5 602.6 709.7 598.6 384.3 191.3 196.1 190.9 158.9 117.9 163.3 158.6 180.0 148.0 138.5 92.1 90.1 48.8 37.6
Short-Term Debt 785.5 598.1 250.0 0 356.0 48.3 0 250.7 0 0 0 118.5 0 171.8 124.1 38.4 100.9 60 16.4 17.5 49.8 30.3 68.1 3
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
Other Current Liabilities 383.9 311.5 (99.9) (86) (58.2) (48.3) (44.4) 0 0 0 32.7 10.1 9.6 (50.0) (12.4) (10.4) (3.2) 0.8 6.1 22.3 28.0 38.1 37.0 55.1
Total Current Liabilities 1,935.3 1,678.0 1,452.5 1,568.2 1,729.6 1,084.8 1,035.8 1,352.3 921.8 694.9 269.2 407.9 308.2 425.6 325.3 265.8 325.3 270.6 206.0 205.1 196.1 184.6 177.9 95.7
Non-Current Liabilities
Long-Term Debt 935.0 977.7 1,326.1 1,261.7 945.3 1,305.4 1,295.7 898.4 1,085.6 986.3 565 515 0 0 105 353.6 300.4 267.6 417.0 322.8 332.6 339.0 299.2 303.5
Deferred Tax Liabilities 1,190.2 1,189.1 1,284.1 1,228.0 983.5 895.3 860.8 777.1 654.6 917.6 343.3 311.1 282.2 214.0 181.9 177.3 173.3 176.3 165.6 140.9 142.2 122.7 121.9 107.3
Other Non-Current Liabilities 347.6 453.8 385.9 56.7 53.6 92.7 42.5 96.1 76.7 64.9 35.6 30.5 40.7 4.3 1.8 (134.5) (56.6) 17.6 17.3 15.2 12.8 13.6 16.8 11.9
Total Non-Current Liabilities 2,641.0 2,834.5 3,249.0 2,770.0 2,106.5 2,380.6 2,279.2 1,726.3 1,771.6 1,933.4 943.8 856.6 322.5 218.2 402.9 537.1 494.7 461.5 600.0 478.8 487.5 475.3 437.9 422.7
Total Liabilities 4,576.3 4,512.6 4,701.5 4,338.2 3,836.1 3,465.4 3,203.8 2,990.3 2,626.0 2,536.7 1,213.1 1,264.4 641.6 643.9 728.2 802.9 820 736.3 806 683.9 686.2 659.9 615.8 518.4
Stockholders' Equity
Common Stock 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0
Retained Earnings 7,800.7 7,373.5 6,978.1 6,423.7 5,621.1 4,984.7 4,592.9 4,188.4 3,803.8 3,218.9 1,423.8 1,343.1 694.2 555.3 459.8 408.0 385.2 350.9 326.1 286.4 282.4 267.8 277.7 245.1
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 (1.2) 0 0 0 (7.0) (6.5) (5.3) (5.6) (5.6) (5.6) (6.7) 0 0
Total Stockholders' Equity 3,565.1 4,014.5 4,103.8 3,666.8 3,117.8 2,600.1 2,267.0 2,101.4 1,839.3 1,414.1 643.9 529.0 861.0 703.1 590.5 458.3 428.0 401.4 375.7 338.0 357.3 356.9 377.9 344
Total Liabilities & Equity 8,141.4 8,527.1 8,805.3 8,005.0 6,953.9 6,065.5 5,582.0 5,180.0 4,532.8 4,042.3 1,856.9 1,793.5 1,502.6 1,356 1,319.2 1,261.2 1,237.8 1,127.5 1,171.5 1,021.9 1,043.4 1,016.8 993.7 862.4
Debt Metrics
Total Debt 1,888.6 1,789.8 1,928.9 1,571.2 1,483.5 1,440.9 1,420.2 1,149.1 1,085.6 986.3 565 633.5 0 171.8 370.4 561.1 495.5 327.6 433.4 340.3 382.3 369.3 367.3 306.5
Net Debt 1,871.3 1,742.8 1,875.5 1,519.3 1,128.0 1,127.6 1,385.2 1,141.5 1,071.0 979.9 557.2 631.1 (23.8) 110.5 289.8 511.9 395.9 315.0 424.2 336.6 378.5 365.1 365.2 303.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 598.3 570.9 728.3 969.4 760.8 506.0 516.3 489.6 686.3 432.1 207.3 146.3 95.5 51.8 32.9 36.1 31.9 46.8 11.4 22.1 (2.2) 40.4 38.2
Depreciation & Amortization 714.8 761.1 738.0 644.5 557.1 527.4 499.1 435.9 383.5 361.5 163.0 149.8 150.2 145.8 142.8 134.4 149.8 136.3 130.7 124.9 130.3 110.7 (83.2)
Stock-Based Compensation 71.8 65.7 79.2 77.5 61.5 60.7 53.3 47.4 38.3 40.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 171.7 60.6 58.0 (148.0) (269.6) (14.6) (78.6) 1.3 (31.8) (36.0) (66.4) 7.6 33.0 (44.7) (7.2) (46.9) (58.4) (25.7) 21.4 (24.1) 28.8 4.9 (18.2)
Other Non-Cash Items 109.7 114.7 125.5 58.4 60.7 50.4 52.6 12.1 55.2 11.0 22.2 20.0 9.1 9.1 2.9 (4.3) (2.5) 0.8 (1.4) 0.6 17.6 0.7 167.2
Operating Cash Flow 1,678.3 1,483.2 1,744.6 1,776.9 1,223.9 1,122.9 1,098.3 1,087.8 855.2 854.1 331.9 393.7 332.6 174.4 171.6 125.1 135.7 182.9 160.7 143.0 175.3 171.3 121.4
Investing Activities
Capital Expenditure (730.7) (865.4) (1,862.4) (1,540.8) (947.6) (738.5) (854.1) (995.6) (526.9) (638.4) (489.3) (726.9) (508.6) (398.7) (166.2) (325.0) (235.1) (571.0) (264.1) (321.6) (361.8) (282.6) (285.7)
Acquisitions 0 3.8 (85) (118.2) 70.5 (12.1) (115.7) 110.2 (136.9) 153.2 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 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 6.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 155.9 191.0 262.2 108.9 0 137.7 165.8 108.9 12.5 153.0 72.7 201.2 126.4 77.9 114.2 125.8 205.4 45.6 84.6 59.5 43.7 53.4 82.4
Investing Cash Flow (574.8) (663.7) (1,685.2) (1,550.1) (877.0) (613.0) (804.0) (886.8) (651.3) (485.4) (212.6) (249.9) (190.5) (161.4) (24.2) (99.9) (19.4) (260.5) (89.5) (132.9) (162.8) (229.2) (203.3)
Financing Activities
Net Debt Issuance (13.7) (100) 312.5 (32.5) 0 2.0 137.0 66.8 103.7 (8.9) 0 (171.8) (171.5) (49.0) (106.2) (24.0) (106.3) 93.2 (42.3) 12.7 2 63.8 87.3
Stock Repurchased (948.4) (550.3) (196.6) (331.2) (180.2) (119.4) (292.2) (169.9) (197.9) (268.4) (239.2) (7.0) 0 (3.9) 0 (7.6) 0 (5.8) (22) (17.8) (7.1) (2.1) 0
Dividends Paid (171.0) (175.5) (173.9) (166.7) (124.4) (114.2) (111.8) (105.0) (101.4) (99.0) (38.0) (7.3) 0 0 0 (1.8) (7.1) (7.1) (7.3) (7.6) (7.7) (7.7) (7.7)
Other Financing Activities 0 0 0 0 0 0 0 0 0 8.4 119.8 0 0 0 0 0 0 0 0 0 0.1 0 0
Financing Cash Flow (1,133.2) (825.8) (58.0) (530.4) (304.6) (231.6) (267.0) (208.1) (195.6) (367.9) (146.5) (178.1) (161.5) 18.5 (103.5) (32.4) (112.9) 83.2 (71.3) (10.5) (10.4) 56.6 83.5
Cash Position
Net Change in Cash (29.7) (6.4) 1.4 (303.6) 42.2 278.3 27.4 (7.0) 8.2 0.8 (27.3) (34.3) (19.4) 31.4 43.9 (7.2) 3.4 5.5 (0.1) (0.5) 2.1 (1.2) 1.6
Cash at Beginning 47.0 53.3 51.9 355.5 313.3 35 7.6 14.6 6.4 5.6 34.7 58.1 80.6 49.2 5.4 12.6 9.2 3.7 3.8 4.3 2.1 3.4 1.8
Cash at End 17.3 47.0 53.3 51.9 355.5 313.3 35 7.6 14.6 6.4 7.4 23.8 61.2 80.6 49.2 5.4 12.6 9.2 3.7 3.8 4.3 2.1 3.4
Free Cash Flow 947.6 617.8 (117.8) 236.1 276.3 384.3 244.2 92.2 328.2 215.7 (157.4) (333.1) (176.0) (224.3) 5.4 (199.9) (99.4) (388.2) (103.4) (178.6) (186.5) (111.3) (164.3)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 11,999.1 12,087.2 12,829.7 14,814.0 12,168.3 9,636.6 9,165.3 8,614.9 7,189.6 6,555.5 6,187.6 6,165.4 5,584.6 5,055.0 4,526.8 3,793.5 3,203.3 3,731.9 3,489.9 3,328.0 3,127.9 2,786.2 2,433.5 2,247.9 2,100.3 2,160.4 2,045.1 1,841.6 1,554.3 1,486.7 1,352.2 1,207.6 1,020.9
Gross Profit 1,596.6 2,063.2 2,210.1 2,472.5 1,869.8 1,449.9 1,506.3 1,359.2 1,199.3 1,185.6 1,146.2 1,041.3 931.5 836.8 724.5 630.5 1,430.6 1,634.6 1,704.7 1,516.0 1,469.8 1,386.4 1,219.6 1,151.9 1,081.4 1,052.9 1,019.8 954.2 806.8 744.4 751.4 667.5 632.7
Operating Income 865.1 831.2 993.2 1,331.6 1,045.5 713.1 733.8 681.0 623.8 721.0 715.7 631.5 576.7 530.2 444.2 347.6 248.0 358.4 368.8 372.7 343.9 310 186 101 72.2 63.4 74.3 101.5 42.9 60.4 21.3 84.9 136.4
Net Income 598.3 570.9 728.3 969.4 760.8 506.0 516.3 489.6 686.3 432.1 427.2 374.8 342.4 310.4 257.0 199.6 136.4 200.6 213.1 220.0 207.3 146 96 51.8 32.9 36.1 31.9 46.8 11.4 22.1 (2.2) 40.4 38.2
EPS (Diluted) 6.12 5.56 6.97 9.21 7.14 4.74 4.77 4.43 6.18 3.81 3.66 3.16 2.87 2.59 2.11 1.56 1.05 1.56 1.55 1.44 1.28 0.88 0.58 0.33 0.23 0.26 0.23 0.32 0.08 0.14 -0.01 0.26 0.25
Balance Sheet
Cash & Equivalents 17.3 47.0 53.3 51.9 355.5 313.3 35 7.6 14.6 6.4 7.8 2.4 23.8 61.2 80.6 49.2 5.4 12.6 9.2 3.7 3.8 4.3 2.1 3.4
Total Assets 8,141.4 8,527.1 8,805.3 8,005.0 6,953.9 6,065.5 5,470.9 5,091.6 4,348.1 3,829.0 1,856.9 1,793.5 1,491.7 1,347.1 1,318.7 1,260.3 1,231.9 1,127.5 1,171.5 1,021.9 1,040.9 1,016.8 993.7 862.4
Total Debt 1,888.6 1,789.8 1,928.9 1,571.2 1,483.5 1,440.9 1,420.2 1,149.1 1,085.6 986.3 565 633.5 0 171.8 370.4 561.1 495.5 327.6 433.4 340.3 382.3 369.3 367.3 306.5
Stockholders' Equity 3,565.1 4,014.5 4,103.8 3,666.8 3,117.8 2,600.1 2,267.0 2,101.4 1,839.3 1,414.1 643.9 529.0 861.0 703.1 590.5 458.3 428.0 401.4 375.7 338.0 357.3 356.9 377.9 344
Cash Flow
Operating Cash Flow 1,678.3 1,483.2 1,744.6 1,776.9 1,223.9 1,122.9 1,098.3 1,087.8 855.2 854.1 331.9 393.7 332.6 174.4 171.6 125.1 135.7 182.9 160.7 143.0 175.3 171.3 121.4
Capital Expenditure (730.7) (865.4) (1,862.4) (1,540.8) (947.6) (738.5) (854.1) (995.6) (526.9) (638.4) (489.3) (726.9) (508.6) (398.7) (166.2) (325.0) (235.1) (571.0) (264.1) (321.6) (361.8) (282.6) (285.7)
Free Cash Flow 947.6 617.8 (117.8) 236.1 276.3 384.3 244.2 92.2 328.2 215.7 (157.4) (333.1) (176.0) (224.3) 5.4 (199.9) (99.4) (388.2) (103.4) (178.6) (186.5) (111.3) (164.3)