Linde plc logo LIN - Linde plc

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 24
HOLD 4
SELL 0
STRONG
SELL 0
| PRICE TARGET: $559.14 DETAILS
HIGH: $579.00
LOW: $525.00
MEDIAN: $570.00
CONSENSUS: $559.14
UPSIDE: 8.03%
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 8,781 8,764 8,615 8,495 8,112 8,282 8,356 8,267 8,100 8,302 8,155 8,204 8,193 7,899 8,797 8,457 8,211 8,298 7,668 7,584 7,243 7,272 6,855 6,377 6,739 7,080 7,000 7,204 6,944 5,816 3,024 3,044 2,983 2,953 2,922 2,834 2,728 2,644 2,716 2,665 2,509 2,595 2,686 2,738 2,757 2,990 3,144 3,113 3,026 3,010 3,013 3,014 2,888 2,799 2,774 2,811 2,840 2,796 2,896 2,858 2,702 2,623 2,538 2,527 2,428 2,407 2,288 2,138 2,123 2,403 2,852 2,878 2,663 2,523 2,372 2,332 2,175 2,123 2,099 2,076 2,026 2,020 1,890 1,919 1,827 1,786 1,674 1,603 1,531 1,461 1,401 1,297 1,307 1,238 1,314 1,335 1,273 1,275 1,265 1,230
Cost of Revenue 4,523 4,547 5,340 4,306 5,067 5,233 5,316 5,209 5,165 5,380 5,273 5,276 5,379 5,383 5,953 5,630 5,492 6,062 5,531 5,365 5,220 5,278 5,003 4,743 4,985 5,349 5,156 5,475 5,339 4,872 2,020 2,017 1,972 1,968 1,950 1,891 1,832 1,763 1,817 1,468 1,381 1,426 1,488 1,516 1,530 1,689 1,780 1,767 1,726 1,699 1,697 1,710 1,638 1,583 1,595 1,602 1,616 1,598 1,684 1,640 1,536 1,492 1,444 1,437 1,381 1,370 1,277 1,190 1,195 1,418 1,734 1,748 1,595 1,493 1,394 1,388 1,282 1,264 1,259 1,238 1,207 1,221 1,144 1,167 1,109 1,094 1,019 966 908 859 833 747 755 715 784 809 816 776 761 722
Gross Profit 4,258 4,217 3,275 4,189 3,045 3,049 3,040 3,058 2,935 2,922 2,882 2,928 2,814 2,516 2,844 2,827 2,719 2,236 2,137 2,219 2,023 1,994 1,852 1,634 1,754 1,731 1,844 1,729 1,605 944 1,004 1,027 1,011 985 972 943 896 881 899 1,197 1,128 1,169 1,198 1,222 1,227 1,301 1,364 1,346 1,300 1,311 1,316 1,304 1,250 1,216 1,179 1,209 1,224 1,198 1,212 1,218 1,166 1,131 1,094 1,090 1,047 1,037 1,011 948 928 985 1,118 1,130 1,068 1,030 978 944 893 859 840 838 819 799 746 752 718 692 655 637 623 602 568 550 552 523 530 526 457 499 504 508
Operating Expenses
R&D Expenses 38 35 36 38 38 39 37 36 38 39 36 35 36 36 35 37 35 38 36 34 35 38 36 34 44 49 44 45 46 42 23 24 24 24 23 23 23 23 22 24 23 23 23 23 24 24 25 24 23 26 24 24 24 25 24 25 24 23 22 23 22 23 19 19 18 18 20 18 18 25 24 24 24 26 24 24 24 23 21 22 21 22 19 19 20 20 19 19 19 21 19 20 16 18 16 16 16 17 16 16
SG&A Expenses 893 880 897 870 786 814 823 840 860 832 808 833 822 764 770 771 802 787 793 822 787 802 770 760 861 844 850 884 879 718 294 307 310 312 300 305 279 272 291 308 274 275 281 297 299 320 327 335 326 332 336 344 337 319 306 310 335 315 307 309 308 301 299 302 294 274 284 265 265 295 341 341 352 314 294 296 286 270 272 271 273 252 243 247 245 240 218 207 204 198 192 189 191 175 176 168 193 161 162 167
Other Expenses 63 1,284 0 927 0 0 0 0 0 0 0 0 0 0 29 31 (23) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 277 277 247 300 422 281 432 301 290 276 263 286 271 289 256 291 238 238 242 251 259 245 302 225 222 256 233 533 218 203 351 209 222 210 206 200 185 180 173 155 163 173 180 167 164 144 143 138 137 140 139 134 114 101 122 118 118 191 103 118 112
Operating Expenses 994 2,199 933 1,835 824 853 860 876 898 871 844 868 858 800 834 839 814 825 829 856 822 840 806 794 905 893 894 929 925 760 317 331 334 336 323 328 302 295 313 609 574 545 604 742 604 776 653 649 625 621 646 639 650 600 621 573 597 580 580 591 575 626 543 543 568 525 837 501 486 671 574 587 586 546 518 505 490 466 448 456 467 454 429 430 409 403 375 363 363 358 345 323 308 315 310 302 400 281 296 295
Operating Income
Operating Income 3,264 2,018 2,342 2,354 2,221 2,196 2,180 2,182 2,037 2,051 2,038 2,060 1,956 1,716 2,010 1,988 1,905 1,411 1,308 1,363 1,201 1,154 1,046 840 849 838 950 800 680 184 687 696 677 649 649 615 594 586 586 588 554 624 594 480 623 525 711 697 675 690 670 665 600 616 558 636 627 618 632 627 591 505 551 547 479 512 174 447 442 314 544 543 482 484 460 439 403 393 392 382 352 345 317 322 309 289 280 274 260 244 223 227 244 208 220 224 57 218 208 213
Interest Expense 62 64 81 67 0 232 0 72 57 216 73 8 36 9 26 14 19 57 0 28 39 141 0 77 41 1 232 0 244 0 57 1 107 34 60 68 120 0 33 44 65 42 35 40 44 79 45 43 46 60 41 41 40 50 36 33 37 38 36 36 35 28 29 29 32 33 32 33 35 0 50 52 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
Interest Income 0 0 0 0 29 0 5 0 0 0 0 0 0 0 0 0 0 0 3 0 0 0 13 0 0 0 0 90 0 58 0 0 0 0 0 0 0 14 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2,493 3,025 3,438 3,355 3,090 3,408 3,023 3,193 3,086 3,161 3,079 2,972 2,925 2,679 2,711 1,751 2,656 2,547 2,492 2,372 2,447 2,373 2,140 1,819 1,937 1,835 2,328 1,878 2,038 4,080 986 955 1,023 936 943 928 948 846 771 869 826 899 870 758 900 816 1,012 990 960 981 951 940 866 885 806 883 879 867 888 881 844 745 778 777 707 735 391 654 641 537 762 759 692 691 656 628 585 571 565 556 523 520 482 485 471 443 425 414 399 379 350 349 364 333 345 346 175 335 326 331
EBIT 2,493 2,075 2,477 2,413 2,180 2,495 2,063 2,235 2,137 2,212 2,120 2,012 1,977 1,723 1,674 660 1,554 1,412 1,329 1,201 1,281 1,181 972 695 795 673 1,233 683 815 3,178 680 644 712 629 645 636 661 561 487 588 554 624 594 480 623 525 711 697 675 694 670 665 600 631 558 636 627 618 632 627 600 505 551 547 479 512 174 447 442 331 544 543 482 484 460 439 403 393 392 382 352 345 317 322 309 289 280 274 260 244 223 227 244 208 220 224 57 218 208 213
Income Before Tax 2,431 2,011 2,396 2,346 2,218 2,302 2,101 2,208 2,128 2,035 2,088 2,050 1,982 1,749 1,691 696 1,579 1,393 1,330 1,210 1,285 1,056 995 647 771 696 1,029 711 605 3,192 636 657 620 607 597 577 541 561 454 544 489 582 559 440 579 446 666 654 629 634 629 624 560 581 522 603 590 580 596 591 565 477 522 518 447 479 142 414 407 265 494 491 435 434 416 398 365 355 354 341 314 305 277 281 267 249 241 235 223 216 188 182 197 154 165 168 0 160 159 161
Income Tax Expense 571 481 424 540 511 533 498 508 463 459 487 438 430 388 391 286 369 339 321 334 268 253 265 164 165 162 298 169 140 355 156 158 148 558 162 157 149 152 120 146 133 163 156 131 162 145 187 183 176 136 175 174 164 162 90 169 165 (1,126) 166 163 156 346 146 145 131 133 (187) 109 114 67 139 137 122 115 106 103 95 81 101 90 83 80 163 64 69 60 61 55 56 49 35 40 43 35 37 39 (8) 37 37 37
Net Income 1,857 1,573 1,929 1,766 1,673 1,725 1,550 1,663 1,627 1,543 1,565 1,575 1,516 1,328 1,273 372 1,174 1,026 979 841 980 770 700 458 573 511 735 522 517 2,978 461 480 462 33 419 406 389 406 339 399 356 422 401 308 416 302 477 467 448 474 445 445 391 414 430 429 419 420 429 425 398 133 377 371 314 340 325 299 290 200 355 349 307 316 305 291 265 269 247 247 225 214 108 209 195 181 177 175 164 155 150 140 150 118 126 124 5 122 122 114
Per Share Data
EPS (Basic) 4.00 3.28 4.11 3.75 3.53 3.60 3.24 3.46 3.38 3.16 3.21 3.22 3.07 2.69 2.56 0.74 2.31 2.00 1.90 1.62 1.87 1.47 1.33 0.87 1.07 0.95 1.36 0.97 0.95 6.44 1.60 1.67 1.61 0.11 1.46 1.42 1.36 1.42 1.19 1.40 1.25 1.48 1.40 1.07 1.44 1.04 1.63 1.59 1.52 1.61 1.51 1.50 1.32 1.40 1.44 1.43 1.40 1.39 1.42 1.40 1.31 0.43 1.22 1.21 1.02 1.11 1.06 0.97 0.94 0.64 1.13 1.11 0.98 0.99 0.96 0.91 0.83 0.83 0.76 0.76 0.69 0.66 0.33 0.65 0.60 0.55 0.54 0.54 0.50 0.47 0.46 0.43 0.46 0.36 0.39 0.39 0.02 0.39 0.39 0.36
EPS (Diluted) 3.98 3.26 4.09 3.73 3.51 3.60 3.22 3.44 3.35 3.16 3.19 3.19 3.05 2.67 2.54 0.74 2.30 1.98 1.88 1.60 1.86 1.45 1.32 0.87 1.07 0.95 1.35 0.96 0.94 6.44 1.58 1.65 1.59 0.11 1.45 1.41 1.35 1.41 1.18 1.39 1.24 1.47 1.40 1.06 1.43 1.03 1.62 1.58 1.51 1.59 1.49 1.49 1.30 1.38 1.43 1.42 1.38 1.39 1.40 1.38 1.29 0.43 1.21 1.19 1.01 1.11 1.04 0.96 0.93 0.64 1.11 1.08 0.96 0.99 0.94 0.89 0.81 0.83 0.75 0.75 0.68 0.66 0.33 0.63 0.59 0.55 0.53 0.53 0.49 0.47 0.46 0.43 0.46 0.36 0.39 0.38 0.02 0.38 0.38 0.36
Shares Outstanding 464.1 466.2 468.8 470.9 473.3 475.9 477.7 480.0 481.9 484.2 487.1 489.6 491.8 493.7 497.2 501.0 507.2 511.2 515.2 519.0 522.5 524.4 525.7 525.5 531.2 536.8 539.8 542.6 545.6 458.2 288.1 287.8 287.5 287.0 286.5 286.1 285.5 285.7 285.9 285.7 285.4 285.3 285.7 287.9 289.1 290.7 292.2 292.9 294.2 294.7 295.1 295.7 296.6 296.9 298.4 298.9 299.1 299.6 301.6 303.7 304.1 306.1 307.1 306.8 306.8 307.4 307.4 308.0 307.8 307.6 313.7 315.3 313.9 316.5 318.5 320.2 320.8 323.1 323.6 323.5 323.8 323.2 324.1 323.9 323.8 324.9 326.4 325.8 326.4 326.4 326.7 325.1 325.4 323.5 323.1 321.5 317.8 317.8 317.0 318.9
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 3,959 5,056 4,509 4,786 5,294 4,850 5,187 4,626 4,848 4,664 3,894 3,357 4,962 5,436 3,756 3,655 4,464 2,823 4,700 3,137 4,096 3,754 5,199 4,941 4,014 2,700 2,120 2,686 5,791 4,466 600 479 545 617 607 535 519 524 627 567 221 48 376 45 33 54 26 23 37 50 54 58 39 44 30 46 43 31 31 25 25 76 35 45 28 34 40 31 36 43 53 48 70 63 82 56 48 15 12 35 38 63 72 36 34 34 38 44 28
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 5,642 5,235 5,559 5,490 5,243 5,062 5,126 5,227 5,226 5,092 4,843 4,955 4,928 4,908 4,703 4,881 4,945 4,829 4,533 4,515 4,276 4,590 4,203 4,220 4,395 4,965 4,605 4,888 4,695 4,830 1,852 1,877 1,900 1,804 1,809 1,791 1,730 1,641 1,699 1,741 1,685 1,617 1,645 1,579 1,555 1,513 1,707 1,104 1,013 962 965 937 860 869 918 932 933 876 905 917 891 848 865 869 918 919 940 985 993 971 988 913 912 914 891 847 812 617 610 613 576 549 511 462 478 459 472 480 484
Inventory 2,079 2,055 2,128 2,122 1,984 1,946 2,087 2,094 2,100 2,115 2,078 2,079 2,054 1,978 1,855 1,786 1,766 1,733 1,694 1,692 1,695 1,729 1,733 1,715 1,689 1,697 1,653 1,708 1,667 1,651 622 606 619 614 587 568 561 550 538 559 553 374 377 377 423 424 448 322 308 302 294 285 277 288 308 319 316 297 313 309 316 310 286 288 289 319 315 319 321 329 306 308 301 312 298 320 302 228 202 193 170 163 150 143 135 137 137 146 147
Other Current Assets 1,071 979 1,135 1,229 1,076 508 1,060 896 928 166 922 1,020 960 128 0 0 0 247 0 0 0 335 50 56 264 474 409 283 1,732 5,958 0 0 0 65 0 0 0 57 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 277 0 591 583 661 70 66 70 54 65 67 57 53 61 55 53 59
Total Current Assets 12,751 13,325 13,331 13,627 13,597 12,945 13,460 12,843 13,102 12,620 11,737 11,411 12,904 13,047 11,203 11,272 12,257 10,159 12,007 10,446 11,132 10,924 12,265 12,073 11,513 10,352 9,812 10,681 15,088 17,272 3,305 3,164 3,329 3,285 3,243 3,119 3,014 2,880 3,262 3,263 2,870 2,275 2,622 2,223 2,192 2,184 2,408 1,564 1,483 1,449 1,436 1,412 1,286 1,321 1,365 1,442 1,455 1,361 1,375 1,369 1,335 1,335 1,283 1,308 1,342 1,394 1,440 1,499 1,519 1,497 1,521 1,472 1,689 1,666 1,862 1,806 1,823 930 890 911 838 840 800 698 700 691 702 723 718
Non-Current Assets
Property, Plant & Equipment 28,564 28,260 27,535 26,928 25,710 25,764 25,124 24,575 24,418 25,490 23,624 23,808 23,796 23,548 22,586 23,993 25,595 26,003 26,180 26,917 26,934 28,711 27,945 27,693 27,418 29,064 28,460 29,540 29,418 29,717 11,725 11,701 12,113 12,057 11,992 11,806 11,692 11,477 11,635 11,578 11,314 8,932 8,998 8,990 8,435 7,872 7,598 5,188 5,224 5,252 5,068 4,684 4,666 4,551 4,726 4,692 4,688 4,771 4,750 4,796 4,780 4,720 4,563 4,552 4,535 4,875 4,749 4,755 4,686 4,607 4,531 4,418 4,317 4,269 4,119 4,013 3,872 2,737 2,605 2,521 2,397 2,350 2,287 2,266 2,264 2,273 2,295 2,267 2,296
Goodwill 27,882 27,927 27,828 27,812 26,507 25,937 27,108 26,365 26,289 26,751 25,955 26,456 26,418 25,817 24,565 25,678 26,822 27,038 27,178 27,621 27,472 28,201 27,239 26,580 26,073 27,019 26,261 26,947 26,820 26,874 3,201 3,200 3,274 3,233 3,234 3,182 3,141 3,117 3,163 3,149 3,071 2,009 2,046 2,070 1,953 1,873 1,877 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 11,673 11,871 11,931 12,082 11,561 11,330 12,113 11,851 12,001 12,399 12,092 12,510 12,638 12,420 11,810 12,634 13,506 13,802 14,048 14,493 14,559 16,184 15,731 15,504 15,339 16,137 15,836 15,804 15,944 16,223 513 525 547 553 563 568 574 583 595 612 576 140 139 142 119 118 116 1,293 1,128 1,131 1,094 1,065 1,035 997 0 0 0 0 0 0 0 1,113 0 0 0 1,272 0 0 0 1,213 0 0 0 1,173 0 0 0 174 0 0 0 90 0 0 0 0 0 0 0
Long-Term Investments 88 0 236 63 0 2,236 5 3 57 2,377 44 55 30 2,534 6 3 18 2,637 0 0 0 2,084 0 0 0 2,067 0 0 0 1,914 0 0 0 739 1 2 2 731 8 12 11 0 0 435 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 5,357 5,434 5,132 5,566 5,329 1,507 4,736 4,578 4,537 948 4,419 4,533 4,552 2,062 4,159 4,308 4,587 1,724 4,778 4,868 4,896 1,857 4,029 4,006 4,026 1,730 4,025 4,217 4,371 876 1,235 1,246 1,329 371 1,343 1,290 1,244 359 1,231 1,209 1,194 936 922 457 887 810 752 493 492 473 425 400 414 389 1,605 1,706 1,685 1,630 1,685 1,707 1,684 554 1,562 1,577 1,574 555 1,848 1,825 1,788 493 1,688 1,649 1,632 430 1,478 1,406 1,404 293 434 418 380 240 336 331 298 291 328 329 329
Total Non-Current Assets 73,564 73,492 72,662 72,451 69,107 67,202 69,086 67,372 67,245 68,191 66,090 67,307 67,404 66,611 63,120 66,613 70,510 71,446 72,184 73,899 73,861 77,305 74,944 73,783 72,856 76,260 74,582 76,508 76,553 76,114 16,674 16,672 17,263 17,151 17,132 16,846 16,651 16,452 16,624 16,548 16,155 12,017 12,105 12,094 11,394 10,673 10,343 6,974 6,844 6,856 6,587 6,149 6,115 5,937 6,331 6,398 6,373 6,401 6,435 6,503 6,464 6,387 6,125 6,129 6,109 6,702 6,597 6,580 6,474 6,313 6,219 6,067 5,949 5,872 5,597 5,419 5,276 3,204 3,039 2,939 2,777 2,680 2,623 2,597 2,562 2,564 2,623 2,596 2,625
Total Assets 86,315 86,817 85,993 86,078 82,704 80,147 82,546 80,215 80,347 80,811 77,827 78,718 80,308 79,658 74,323 77,885 82,767 81,605 84,191 84,345 84,993 88,229 87,209 85,856 84,369 86,612 84,394 87,189 91,641 93,386 19,979 19,836 20,592 20,436 20,375 19,965 19,665 19,332 19,886 19,811 19,025 14,292 14,727 14,317 13,586 12,857 12,751 8,538 8,327 8,305 8,023 7,561 7,401 7,258 7,696 7,840 7,828 7,762 7,810 7,872 7,799 7,722 7,408 7,437 7,451 8,096 8,037 8,079 7,993 7,810 7,740 7,539 7,638 7,538 7,459 7,225 7,099 4,134 3,929 3,850 3,615 3,520 3,423 3,295 3,262 3,255 3,325 3,319 3,343
Current Liabilities
Account Payables 2,659 2,810 2,646 2,593 2,446 2,507 2,845 2,859 2,885 3,020 2,750 2,977 2,941 2,995 3,067 3,360 3,387 3,503 3,069 3,143 2,945 3,095 2,903 2,816 2,965 3,266 3,071 3,358 3,166 3,219 978 967 988 680 947 900 860 906 867 870 796 729 704 730 721 687 777 407 401 413 369 360 378 328 393 405 413 409 380 332 353 361 305 315 337 378 328 376 376 383 358 327 335 408 340 315 325 272 221 222 199 215 178 165 148 153 168 167 165
Short-Term Debt 4,822 6,306 7,333 6,219 6,289 6,280 4,787 4,587 5,092 5,976 4,771 3,962 7,033 5,716 4,730 4,866 3,623 2,872 5,188 5,508 5,800 4,002 5,844 6,402 6,854 3,263 2,634 1,475 939 3,008 1,697 1,229 1,506 1,217 994 1,190 421 598 617 766 182 243 672 298 1,085 1,275 661 164 150 155 176 214 238 248 263 270 508 500 514 518 969 884 209 258 328 379 369 362 436 431 1,271 1,381 1,690 1,562 1,740 1,899 1,786 385 477 415 511 372 299 313 376 396 497 436 479
Deferred Revenue 0 1,231 1,279 1,261 1,196 1,194 1,727 1,767 1,827 1,901 1,985 3,246 3,070 3,073 2,902 2,933 3,035 2,940 2,213 1,787 1,863 1,769 1,714 1,693 1,854 1,758 1,597 1,682 1,719 1,788 0 0 0 9 0 0 0 0 0 0 0 0 0 138 0 0 0 0 0 104 0 0 74 0 0 0 0 0 0 0 0 0 0 0 0 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 7,910 4,851 4,934 4,641 4,554 1,274 4,690 4,291 4,585 3,220 4,656 4,367 4,741 3,194 4,362 4,136 4,461 2,889 4,288 4,238 4,419 3,370 4,331 4,184 3,817 2,509 3,299 4,006 5,316 3,405 1,185 1,083 1,040 483 981 953 968 415 950 822 821 787 813 647 670 703 1,087 521 515 445 494 515 410 532 520 503 512 530 465 461 459 480 487 488 480 532 454 506 531 552 528 502 508 580 574 595 547 372 318 307 263 302 270 246 272 282 264 263 261
Total Current Liabilities 15,391 15,198 16,192 14,714 14,485 14,544 14,049 13,504 14,389 15,717 14,162 14,552 17,785 16,479 15,061 15,295 14,506 13,643 14,758 14,676 15,027 13,740 14,792 15,095 15,490 12,160 10,883 10,521 11,140 12,956 3,860 3,279 3,534 3,307 2,922 3,043 2,249 2,478 2,434 2,458 1,799 1,759 2,189 1,813 2,476 2,665 2,525 1,092 1,066 1,117 1,039 1,089 1,100 1,108 1,176 1,178 1,433 1,439 1,359 1,311 1,781 1,725 1,001 1,061 1,145 1,289 1,151 1,244 1,343 1,366 2,157 2,210 2,533 2,550 2,654 2,809 2,658 1,029 1,016 944 973 889 747 724 796 831 929 866 905
Non-Current Liabilities
Long-Term Debt 19,859 20,683 18,592 19,701 17,608 15,343 17,475 16,931 15,227 13,397 13,232 13,528 11,744 12,198 10,608 11,177 12,833 11,335 11,539 9,984 9,950 12,152 11,809 10,938 9,884 10,693 10,460 12,255 12,190 12,288 6,615 7,229 7,336 7,783 8,243 8,177 8,947 8,917 9,225 9,190 9,222 4,783 4,732 4,757 4,022 3,770 3,342 2,857 2,693 2,661 2,776 2,528 2,510 2,627 2,912 2,916 2,714 2,641 2,729 2,883 2,107 2,111 2,745 2,709 2,764 2,895 2,983 3,151 3,013 2,874 2,024 1,755 1,685 1,703 1,671 1,395 1,469 933 936 1,014 865 893 963 949 955 964 938 948 961
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (6,998) 0 0 0 (7,236) 0 0 0 (7,236) 0 0 0 2,293 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 434 0 0 0 357 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 9,742 11,195 9,929 11,677 11,148 10,016 10,419 10,229 10,502 9,887 10,195 9,390 9,443 8,940 9,715 10,373 11,038 10,439 12,157 12,457 12,383 11,961 11,866 11,746 11,615 11,408 10,933 10,694 10,783 3,354 2,754 2,786 2,825 2,820 2,468 2,475 2,494 2,485 2,578 2,604 2,580 1,983 2,076 2,099 2,142 2,047 1,767 1,205 1,234 1,244 1,160 1,307 1,287 1,167 1,140 1,173 1,179 1,167 1,156 1,145 1,149 728 1,095 1,084 1,064 661 1,083 928 936 852 882 846 802 793 766 753 798 643 548 541 535 528 526 513 481 480 486 492 491
Total Non-Current Liabilities 30,832 31,878 29,715 31,378 28,756 26,115 27,894 27,160 25,729 23,999 23,427 22,918 21,187 21,792 20,323 21,550 23,871 22,521 23,696 22,441 22,333 24,907 23,825 22,824 21,636 22,817 22,203 23,774 23,854 23,334 9,369 10,015 10,161 10,607 10,711 10,652 11,441 11,402 11,803 11,794 11,802 6,766 6,808 6,856 6,164 5,817 5,109 4,062 3,927 3,905 3,936 3,835 3,797 3,794 4,052 4,089 3,893 3,808 3,885 4,028 3,256 3,273 3,840 3,793 3,828 3,913 4,066 4,079 3,949 3,726 2,906 2,601 2,487 2,496 2,437 2,148 2,267 1,576 1,484 1,555 1,400 1,421 1,489 1,462 1,436 1,444 1,424 1,440 1,452
Total Liabilities 46,223 47,076 45,907 46,092 43,241 40,659 41,943 40,664 40,118 39,716 37,589 37,470 38,972 38,271 35,384 36,845 38,377 36,164 38,454 37,117 37,360 38,647 38,617 37,919 37,126 34,977 33,086 34,295 34,994 36,290 13,229 13,294 13,695 13,914 13,633 13,695 13,690 13,880 14,237 14,252 13,601 8,525 8,997 8,669 8,640 8,482 7,634 5,154 4,993 5,022 4,975 4,924 4,897 4,902 5,228 5,267 5,326 5,247 5,244 5,339 5,037 4,998 4,841 4,854 4,973 5,202 5,217 5,323 5,292 5,092 5,063 4,811 5,020 5,046 5,091 4,957 4,925 2,605 2,500 2,499 2,373 2,310 2,236 2,186 2,232 2,275 2,353 2,306 2,357
Stockholders' Equity
Common Stock 1 1 1 1 1 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4,638 4 4 4 4 4 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 17,639 16,608 15,796 14,595 13,545 12,634 11,585 10,721 9,708 8,845 7,940 7,024 6,092 20,541 19,845 19,159 19,387 18,710 18,240 17,820 17,563 17,178 16,927 16,782 16,850 16,842 16,810 16,555 16,569 16,529 13,913 13,690 13,447 13,224 13,417 13,223 13,041 12,879 12,686 12,559 12,371 7,241 7,008 6,831 6,411 6,235 5,103 3,269 3,142 3,027 2,803 2,688 2,593 2,483 2,216 2,182 2,084 1,987 2,007 1,909 1,812 1,722 1,630 1,541 1,456 1,380 1,293 1,204 1,116 1,034 962 872 782 698 617 543 478 474 420 367 311 257 211 170 124 91 5 5 5
Accumulated Other Comprehensive Income (6,147) (6,233) (6,409) (6,250) (6,768) (6,894) (6,059) (6,794) (6,528) (5,805) (6,676) (5,899) (5,810) (5,782) (8,094) (6,466) (4,938) (5,048) (5,618) (4,908) (5,345) (4,690) (5,973) (6,621) (7,388) (4,814) (5,600) (4,377) (4,235) (4,456) (4,656) (4,596) (3,980) (4,098) (4,025) (4,244) (4,285) (4,600) (4,211) (4,174) (4,250) (1,383) (1,198) (1,155) (1,456) (1,901) (778) (1,429) (1,364) (1,352) (1,403) (1,617) (1,673) (1,674) (1,323) (1,208) (1,149) (1,011) (957) (895) (812) (828) (870) (800) (763) (412) (401) (388) (342) (256) (196) (178) (175) (126) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 38,566 38,245 38,616 38,515 38,032 38,092 39,173 38,179 38,829 39,720 38,898 39,911 39,970 40,028 37,628 39,674 42,963 44,035 44,323 45,777 46,210 47,317 46,175 45,537 44,776 49,074 48,953 50,564 51,175 51,596 6,232 6,027 6,368 6,018 6,256 5,807 5,529 5,021 5,245 5,140 4,888 5,452 5,398 5,315 4,638 4,073 4,862 3,181 3,136 3,088 2,880 2,477 2,340 2,204 2,321 2,434 2,363 2,377 2,423 2,369 2,391 2,365 2,230 2,238 2,127 2,407 2,334 2,274 2,218 2,197 2,169 2,130 2,035 1,999 1,795 1,691 1,606 1,121 1,048 977 877 839 817 744 677 635 624 607 584
Total Liabilities & Equity 86,315 86,817 85,993 86,078 82,704 80,147 82,546 80,215 80,347 80,811 77,827 78,718 80,308 79,658 74,323 77,885 82,767 81,605 84,191 84,345 84,993 88,229 87,209 85,856 84,369 86,612 84,394 87,189 91,641 93,386 19,979 19,836 20,592 20,436 20,375 19,965 19,665 19,332 19,886 19,811 19,025 14,292 14,727 14,317 13,586 12,857 12,751 8,538 8,327 8,305 8,023 7,561 7,401 7,258 7,696 7,840 7,828 7,762 7,810 7,872 7,799 7,722 7,408 7,437 7,451 8,096 8,037 8,079 7,993 7,810 7,740 7,539 7,638 7,538 7,459 7,225 7,099 4,134 3,929 3,850 3,615 3,520 3,423 3,295 3,262 3,255 3,325 3,319 3,343
Debt Metrics
Total Debt 24,681 26,989 25,925 25,920 23,897 22,609 22,262 21,518 20,319 20,315 18,003 17,490 18,777 18,791 15,338 16,043 16,456 15,216 16,727 15,492 15,750 17,223 17,803 17,480 16,875 14,932 14,186 13,957 14,146 15,296 8,312 8,458 8,842 9,000 9,237 9,367 9,368 9,515 9,842 9,956 9,404 5,026 5,404 5,055 5,107 5,045 4,003 3,021 2,843 2,816 2,952 2,742 2,748 2,875 3,175 3,186 3,222 3,141 3,243 3,401 3,076 2,995 2,954 2,967 3,092 3,274 3,352 3,513 3,449 3,305 3,295 3,136 3,375 3,265 3,411 3,294 3,255 1,318 1,413 1,429 1,376 1,265 1,262 1,262 1,331 1,360 1,435 1,384 1,440
Net Debt 20,722 21,933 21,416 21,134 18,603 17,759 17,075 16,892 15,471 15,651 14,109 14,133 13,815 13,355 11,582 12,388 11,992 12,393 12,027 12,355 11,654 13,469 12,604 12,539 12,861 12,232 12,066 11,271 8,355 10,830 7,712 7,979 8,297 8,383 8,630 8,832 8,849 8,991 9,215 9,389 9,183 4,978 5,028 5,010 5,074 4,991 3,977 2,998 2,806 2,766 2,898 2,684 2,709 2,831 3,145 3,140 3,179 3,110 3,212 3,376 3,051 2,919 2,919 2,922 3,064 3,240 3,312 3,482 3,413 3,262 3,242 3,088 3,305 3,202 3,329 3,238 3,207 1,303 1,401 1,394 1,338 1,202 1,190 1,226 1,297 1,326 1,397 1,340 1,412
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 1,857 1,573 1,929 1,732 1,707 1,897 1,550 1,663 1,665 1,543 1,601 1,612 1,552 1,361 1,273 372 1,210 1,054 1,009 876 1,017 803 730 483 606 534 731 542 465 2,837 480 499 472 49 435 420 404 419 344 409 366 108 209 195 175 164 155 150 150 130 140 131 11 127 118 62 126 5 122 122 114 114 112 107 108 107 108 108 102 100 107 107 102 96 88 81 17 66 64 67 65 55 51 55 42 40 32 38 33
Depreciation & Amortization 951 950 961 942 910 913 960 958 949 949 959 960 948 956 1,045 1,091 1,112 1,135 1,163 1,171 1,166 1,192 1,168 1,124 1,142 1,162 1,095 1,195 1,223 902 306 311 311 307 298 292 287 285 284 281 272 165 163 162 140 139 135 133 127 122 122 120 120 121 125 127 125 118 117 118 118 110 111 111 113 115 118 119 115 113 111 110 110 107 107 105 101 68 70 71 70 68 70 68 67 66 65 65 66
Stock-Based Compensation 41 0 45 46 42 40 42 0 38 39 36 36 30 29 27 17 34 33 32 34 29 29 29 32 43 31 26 22 16 22 19 17 4 15 16 16 12 3 14 14 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (616) 162 472 (427) (520) 71 1,197 (600) (597) 52 35 (281) (555) (26) 259 (258) (132) 1,027 385 (318) (42) 336 105 22 (270) 449 85 (408) (282) 248 92 32 (170) (9) 17 (58) (106) 73 71 (27) (103) 83 (50) (60) (103) (104) 74 49 (52) (90) 33 3 (11) (95) 104 (7) (9) 34 28 (85) (115) 86 (32) 22 (71) 142 (49) 8 (106) 45 (51) (21) (159) (118) (33) (63) (12) 25 35 (5) (67) 3 4 1 (7) 0 0 0 0
Other Non-Cash Items (1) 205 (14) (60) 13 (278) (894) 57 (66) 56 (76) (51) (71) (43) 223 1,073 (81) (28) (48) 77 4 (26) (110) 143 (67) 66 (53) (159) (277) (2,414) (10) (68) 60 (21) 54 5 91 (16) 109 40 (5) (23) 62 (40) 24 (19) 8 (29) 51 2 7 2 140 (8) (3) (14) (5) 3 (4) 1 10 4 (5) 4 16 19 (2) 3 2 20 5 7 10 130 0 0 0 82 0 0 0 71 0 0 0 6 10 26 (32)
Operating Cash Flow 2,240 3,030 2,948 2,211 2,161 2,809 2,731 1,929 1,954 2,727 2,520 2,150 1,908 2,095 2,636 2,133 2,000 3,233 2,556 1,827 2,109 2,434 1,884 1,764 1,347 2,176 1,869 1,012 1,131 1,353 871 790 688 836 794 701 710 726 788 712 547 420 390 289 252 181 387 303 276 171 338 256 260 147 356 227 251 305 270 175 149 325 209 253 166 333 233 230 140 294 188 210 60 215 162 123 106 241 169 133 68 197 125 124 102 112 107 129 67
Investing Activities
Capital Expenditure (1,342) (1,458) (1,276) (1,257) (1,270) (1,250) (1,066) (1,133) (1,048) (1,151) (948) (859) (829) (936) (762) (826) (649) (839) (741) (744) (762) (1,027) (787) (783) (803) (1,015) (959) (865) (843) (827) (380) (351) (325) (339) (320) (325) (327) (409) (376) (357) (323) (235) (198) (165) (140) (124) (199) (168) (493) (123) (158) (119) (114) (107) (178) (133) (139) (187) (168) (190) (159) (189) (159) (164) (141) (242) (176) (192) (171) (267) (218) (217) (200) (241) (215) (214) (223) (180) (177) (149) (94) (134) (73) (49) (70) (56) (72) (56) (56)
Acquisitions (153) (19) (123) (158) (112) (142) (45) (137) 7 (75) 2 (5) (805) 55 62 (16) (16) (37) 70 35 11 20 55 149 190 72 250 1,246 3,303 7,175 2 62 7 (7) (11) 12 3 (1) 13 (256) (61) (3) 0 0 0 0 (31) (3) (25) (14) (37) (7) (9) (60) (17) (15) (75) (7) (28) (250) (5) (120) (9) (1) (6) (5) (14) (62) (160) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (55) (12) (22) (111) (52) (37) (1,505) (34) (23) (49) (96) (30) (15) (4) (10) (9) (91) (2) (8)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 111 16 (35) (42) 13 16 154 0 0 0 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 (1) 0 (1) (58) (23) 8 62 7 8 5 13 4 17 33 6 2 12 (3) 11 (245) 14 8 2 2 52 3 6 1 14 6 28 10 13 89 2 2 4 11 6 82 17 176 1 12 (28) 71 232 13 237 16 6 5 60 14 5 3 3 3 6 11 31 18 7 9
Investing Cash Flow (1,384) (1,461) (1,434) (1,457) (1,369) (1,376) (957) (1,270) (1,041) (1,226) (946) (864) (1,634) (881) (700) (842) (665) (876) (671) (709) (751) (1,007) (732) (634) (613) (944) (709) 380 2,402 6,325 (378) (289) (318) (346) (331) (313) (324) (410) (363) (613) (384) (226) (201) (154) (385) (110) (222) (169) (516) (85) (192) (120) (122) (153) (189) (120) (204) (181) (107) (438) (162) (305) (157) (159) (65) (230) (14) (253) (319) (295) (202) 3 (209) (115) (251) (245) (1,723) (154) (186) (193) (187) (161) (85) (47) (69) (34) (145) (51) (55)
Financing Activities
Net Debt Issuance (336) 994 78 346 1,493 539 93 1,320 1,215 833 869 (1,359) 717 1,680 35 214 2,546 (2,322) 1,494 (367) 681 (2,022) (188) 411 3,112 484 (467) (250) (494) (2,613) (133) (277) (215) (269) (197) (132) (173) (199) (134) 10 95 (61) (91) (40) 190 25 (145) 0 196 (8) (137) (138) 8 22 (181) (64) (29) (125) (152) 327 77 29 (4) (124) (148) (73) (156) 48 145 18 162 (239) 118 (145) 116 43 1,213 (97) (25) 56 116 (37) (10) (75) (31) 16 47 (55) (13)
Stock Repurchased (807) (1,390) (989) (1,111) (1,111) (1,334) (667) (1,440) (1,041) (1,033) (1,158) (908) (859) (690) (1,149) (1,610) (1,719) (1,361) (1,169) (1,214) (868) (427) (202) 0 (1,828) (724) (684) (525) (725) (597) (1) (1) 0 (1) 0 0 (11) (95) (50) (51) (32) (140) (100) (92) (69) (123) (50) (157) (3) (61) (11) (29) (141) (95) 0 (51) (19) 0 0 0 (144) (12) (42) 0 (19) (23) (42) (5) (27) (25) (46) (27) (39) 0 0 0 (7) (8) (3) (12) (22) 0 0 0 0 0 0 0 0
Dividends Paid (741) (698) (701) (704) (708) (659) (662) (665) (669) (616) (620) (623) (623) (586) (581) (585) (592) (541) (546) (549) (553) (505) (506) (506) (511) (469) (471) (474) (477) (454) (238) (237) (237) (226) (225) (225) (225) (214) (214) (214) (214) (58) (58) (58) (48) (49) (44) (35) (35) (35) (30) (31) (31) (31) (27) (28) (28) (25) (24) (25) (24) (22) (23) (22) (22) (20) (19) (20) (20) (17) (17) (17) (18) (15) (14) (16) (13) (12) (11) (11) (11) (9) (10) (9) (9) (8) (8) (8) (8)
Other Financing Activities (87) 73 (175) 99 (73) (159) (44) (28) (189) 28 (59) (2) 1 (26) (27) (22) (1) (4) (42) (15) (247) (19) (53) (121) (27) (3) (35) (3,185) (538) (30) (11) (16) (6) (7) (1) (71) (13) 67 (13) 498 32 (11) (3) (4) (2) (2) 2 (4) 2 (5) (7) 35 (5) 4 (4) 2 (4) 3 2 (58) (11) 10 (7) 7 68 (11) (19) (23) 22 (7) (93) 13 56 (2) (13) 74 (55) 5 (3) (5) (7) (12) (5) 1 (6) (93) (1) (6) (5)
Financing Cash Flow (1,968) (1,018) (1,782) (1,366) (388) (1,610) (1,273) (808) (668) (780) (964) (2,892) (764) 390 (1,720) (2,003) 244 (4,217) (256) (2,145) (970) (2,967) (933) (204) 759 (700) (1,652) (4,434) (2,206) (3,694) (357) (516) (429) (473) (403) (384) (396) (411) (362) 243 (113) (204) (187) (133) 119 (83) (162) (142) 234 (66) (150) (123) (144) 6 (159) (122) (43) (124) (156) 263 (38) 18 (61) (76) (107) (107) (210) 19 172 (9) 19 (235) 157 (119) 116 130 1,650 (84) (6) 57 94 (45) (7) (69) (28) (76) 44 (57) (5)
Cash Position
Net Change in Cash (1,097) 547 (277) (508) 444 (337) 561 (222) 184 770 537 (1,605) (474) 1,680 101 (809) 1,641 (1,877) 1,563 (959) 342 (1,445) 258 927 1,314 580 (566) (3,105) 1,325 4,003 121 (66) (72) 10 72 16 (5) (103) 60 346 74 (9) 2 1 (14) (13) 4 (8) (4) 19 (5) 12 (6) (1) 9 (16) 3 0 6 0 (51) 41 (10) 17 (6) (6) 9 (5) (7) (10) 5 (22) 7 (19) 26 8 33 3 (23) (3) (25) (9) 36 2 0 (4) (6) 16 4
Cash at Beginning 5,056 4,509 4,786 5,294 4,850 5,187 4,626 4,848 4,664 3,894 3,357 4,962 5,436 3,756 3,655 4,464 2,823 4,700 3,137 4,096 3,754 5,199 4,941 4,014 2,700 2,120 2,686 5,791 4,466 600 479 545 617 607 535 519 524 627 567 221 147 28 26 25 37 50 46 54 58 39 44 32 38 39 30 46 43 31 25 25 76 35 45 28 34 40 31 36 43 53 48 70 63 82 56 48 15 12 35 38 63 72 36 34 34 0 0 0 24
Cash at End 3,959 5,056 4,509 4,786 5,294 4,850 5,187 4,626 4,848 4,664 3,894 3,357 4,962 5,436 3,756 3,655 4,464 2,823 4,700 3,137 4,096 3,754 5,199 4,941 4,014 2,700 2,120 2,686 5,791 4,603 600 479 545 617 607 535 519 524 627 567 221 19 28 26 23 37 50 46 54 58 39 44 32 38 39 30 46 31 31 25 25 76 35 45 28 34 40 31 36 43 53 48 70 63 82 56 48 15 12 35 38 63 72 36 34 (4) (6) 16 28
Free Cash Flow 898 1,572 1,672 954 891 1,559 1,665 796 906 1,576 1,572 1,291 1,079 1,159 1,874 1,307 1,351 2,394 1,815 1,083 1,347 1,407 1,097 981 544 1,161 910 147 288 526 491 439 363 497 474 376 383 317 412 355 224 185 192 124 112 57 188 135 (217) 48 180 137 146 40 178 94 112 118 102 (15) (10) 136 50 89 25 91 57 38 (31) 27 (30) (7) (140) (26) (53) (91) (117) 61 (8) (16) (26) 63 52 75 32 56 35 73 11
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 8,781 8,764 8,615 8,495 8,112 8,282 8,356 8,267 8,100 8,302 8,155 8,204 8,193 7,899 8,797 8,457 8,211 8,298 7,668 7,584 7,243 7,272 6,855 6,377 6,739 7,080 7,000 7,204 6,944 5,816 3,024 3,044 2,983 2,953 2,922 2,834 2,728 2,644 2,716 2,665 2,509 2,595 2,686 2,738 2,757 2,990 3,144 3,113 3,026 3,010 3,013 3,014 2,888 2,799 2,774 2,811 2,840 2,796 2,896 2,858 2,702 2,623 2,538 2,527 2,428 2,407 2,288 2,138 2,123 2,403 2,852 2,878 2,663 2,523 2,372 2,332 2,175 2,123 2,099 2,076 2,026 2,020 1,890 1,919 1,827 1,786 1,674 1,603 1,531 1,461 1,401 1,297 1,307 1,238 1,314 1,335 1,273 1,275 1,265 1,230
Gross Profit 4,258 4,217 3,275 4,189 3,045 3,049 3,040 3,058 2,935 2,922 2,882 2,928 2,814 2,516 2,844 2,827 2,719 2,236 2,137 2,219 2,023 1,994 1,852 1,634 1,754 1,731 1,844 1,729 1,605 944 1,004 1,027 1,011 985 972 943 896 881 899 1,197 1,128 1,169 1,198 1,222 1,227 1,301 1,364 1,346 1,300 1,311 1,316 1,304 1,250 1,216 1,179 1,209 1,224 1,198 1,212 1,218 1,166 1,131 1,094 1,090 1,047 1,037 1,011 948 928 985 1,118 1,130 1,068 1,030 978 944 893 859 840 838 819 799 746 752 718 692 655 637 623 602 568 550 552 523 530 526 457 499 504 508
Operating Income 3,264 2,018 2,342 2,354 2,221 2,196 2,180 2,182 2,037 2,051 2,038 2,060 1,956 1,716 2,010 1,988 1,905 1,411 1,308 1,363 1,201 1,154 1,046 840 849 838 950 800 680 184 687 696 677 649 649 615 594 586 586 588 554 624 594 480 623 525 711 697 675 690 670 665 600 616 558 636 627 618 632 627 591 505 551 547 479 512 174 447 442 314 544 543 482 484 460 439 403 393 392 382 352 345 317 322 309 289 280 274 260 244 223 227 244 208 220 224 57 218 208 213
Net Income 1,857 1,573 1,929 1,766 1,673 1,725 1,550 1,663 1,627 1,543 1,565 1,575 1,516 1,328 1,273 372 1,174 1,026 979 841 980 770 700 458 573 511 735 522 517 2,978 461 480 462 33 419 406 389 406 339 399 356 422 401 308 416 302 477 467 448 474 445 445 391 414 430 429 419 420 429 425 398 133 377 371 314 340 325 299 290 200 355 349 307 316 305 291 265 269 247 247 225 214 108 209 195 181 177 175 164 155 150 140 150 118 126 124 5 122 122 114
EPS (Diluted) 3.98 3.26 4.09 3.73 3.51 3.60 3.22 3.44 3.35 3.16 3.19 3.19 3.05 2.67 2.54 0.74 2.30 1.98 1.88 1.60 1.86 1.45 1.32 0.87 1.07 0.95 1.35 0.96 0.94 6.44 1.58 1.65 1.59 0.11 1.45 1.41 1.35 1.41 1.18 1.39 1.24 1.47 1.40 1.06 1.43 1.03 1.62 1.58 1.51 1.59 1.49 1.49 1.30 1.38 1.43 1.42 1.38 1.39 1.40 1.38 1.29 0.43 1.21 1.19 1.01 1.11 1.04 0.96 0.93 0.64 1.11 1.08 0.96 0.99 0.94 0.89 0.81 0.83 0.75 0.75 0.68 0.66 0.33 0.63 0.59 0.55 0.53 0.53 0.49 0.47 0.46 0.43 0.46 0.36 0.39 0.38 0.02 0.38 0.38 0.36
Balance Sheet
Cash & Equivalents 3,959 5,056 4,509 4,786 5,294 4,850 5,187 4,626 4,848 4,664 3,894 3,357 4,962 5,436 3,756 3,655 4,464 2,823 4,700 3,137 4,096 3,754 5,199 4,941 4,014 2,700 2,120 2,686 5,791 4,466 600 479 545 617 607 535 519 524 627 567 221 48 376 45 33 54 26 23 37 50 54 58 39 44 30 46 43 31 31 25 25 76 35 45 28 34 40 31 36 43 53 48 70 63 82 56 48 15 12 35 38 63 72 36 34 34 38 44 28
Total Assets 86,315 86,817 85,993 86,078 82,704 80,147 82,546 80,215 80,347 80,811 77,827 78,718 80,308 79,658 74,323 77,885 82,767 81,605 84,191 84,345 84,993 88,229 87,209 85,856 84,369 86,612 84,394 87,189 91,641 93,386 19,979 19,836 20,592 20,436 20,375 19,965 19,665 19,332 19,886 19,811 19,025 14,292 14,727 14,317 13,586 12,857 12,751 8,538 8,327 8,305 8,023 7,561 7,401 7,258 7,696 7,840 7,828 7,762 7,810 7,872 7,799 7,722 7,408 7,437 7,451 8,096 8,037 8,079 7,993 7,810 7,740 7,539 7,638 7,538 7,459 7,225 7,099 4,134 3,929 3,850 3,615 3,520 3,423 3,295 3,262 3,255 3,325 3,319 3,343
Total Debt 24,681 26,989 25,925 25,920 23,897 22,609 22,262 21,518 20,319 20,315 18,003 17,490 18,777 18,791 15,338 16,043 16,456 15,216 16,727 15,492 15,750 17,223 17,803 17,480 16,875 14,932 14,186 13,957 14,146 15,296 8,312 8,458 8,842 9,000 9,237 9,367 9,368 9,515 9,842 9,956 9,404 5,026 5,404 5,055 5,107 5,045 4,003 3,021 2,843 2,816 2,952 2,742 2,748 2,875 3,175 3,186 3,222 3,141 3,243 3,401 3,076 2,995 2,954 2,967 3,092 3,274 3,352 3,513 3,449 3,305 3,295 3,136 3,375 3,265 3,411 3,294 3,255 1,318 1,413 1,429 1,376 1,265 1,262 1,262 1,331 1,360 1,435 1,384 1,440
Stockholders' Equity 38,566 38,245 38,616 38,515 38,032 38,092 39,173 38,179 38,829 39,720 38,898 39,911 39,970 40,028 37,628 39,674 42,963 44,035 44,323 45,777 46,210 47,317 46,175 45,537 44,776 49,074 48,953 50,564 51,175 51,596 6,232 6,027 6,368 6,018 6,256 5,807 5,529 5,021 5,245 5,140 4,888 5,452 5,398 5,315 4,638 4,073 4,862 3,181 3,136 3,088 2,880 2,477 2,340 2,204 2,321 2,434 2,363 2,377 2,423 2,369 2,391 2,365 2,230 2,238 2,127 2,407 2,334 2,274 2,218 2,197 2,169 2,130 2,035 1,999 1,795 1,691 1,606 1,121 1,048 977 877 839 817 744 677 635 624 607 584
Cash Flow
Operating Cash Flow 2,240 3,030 2,948 2,211 2,161 2,809 2,731 1,929 1,954 2,727 2,520 2,150 1,908 2,095 2,636 2,133 2,000 3,233 2,556 1,827 2,109 2,434 1,884 1,764 1,347 2,176 1,869 1,012 1,131 1,353 871 790 688 836 794 701 710 726 788 712 547 420 390 289 252 181 387 303 276 171 338 256 260 147 356 227 251 305 270 175 149 325 209 253 166 333 233 230 140 294 188 210 60 215 162 123 106 241 169 133 68 197 125 124 102 112 107 129 67
Capital Expenditure (1,342) (1,458) (1,276) (1,257) (1,270) (1,250) (1,066) (1,133) (1,048) (1,151) (948) (859) (829) (936) (762) (826) (649) (839) (741) (744) (762) (1,027) (787) (783) (803) (1,015) (959) (865) (843) (827) (380) (351) (325) (339) (320) (325) (327) (409) (376) (357) (323) (235) (198) (165) (140) (124) (199) (168) (493) (123) (158) (119) (114) (107) (178) (133) (139) (187) (168) (190) (159) (189) (159) (164) (141) (242) (176) (192) (171) (267) (218) (217) (200) (241) (215) (214) (223) (180) (177) (149) (94) (134) (73) (49) (70) (56) (72) (56) (56)
Free Cash Flow 898 1,572 1,672 954 891 1,559 1,665 796 906 1,576 1,572 1,291 1,079 1,159 1,874 1,307 1,351 2,394 1,815 1,083 1,347 1,407 1,097 981 544 1,161 910 147 288 526 491 439 363 497 474 376 383 317 412 355 224 185 192 124 112 57 188 135 (217) 48 180 137 146 40 178 94 112 118 102 (15) (10) 136 50 89 25 91 57 38 (31) 27 (30) (7) (140) (26) (53) (91) (117) 61 (8) (16) (26) 63 52 75 32 56 35 73 11