Light & Wonder, Inc. logo LNW - Light & Wonder, Inc.

Inactive Ticker LNW is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 5
HOLD 6
SELL 2
STRONG
SELL 0
| PRICE TARGET: $205.00 DETAILS
HIGH: $220.00
LOW: $190.00
MEDIAN: $205.00
CONSENSUS: $205.00
UPSIDE: 105.51%
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 Q3 2000 Q2 2000 Q1 1999 Q4
Revenue
Revenue 790 890 841 809 774 797 817 818 756 771 731 731 670 682 648 610 572 581 539 581 453 762 432 539 725 863 855 845 837 885.7 821 844.7 811.8 823 768.9 766.3 725.4 752.2 720 729.2 682 737 671.6 691.5 658.7 565.8 415.6 416.9 388.1 401.9 234.4 235.0 219.6 249.2 227.5 229.3 234.6 239.1 222.7 220.2 196.7 212.1 221.1 233.0 216.3 232.9 239.1 225.0 230.7 263.9 291.9 306.0 257.0 268.0 266.9 269.6 242.3 232.1 217.4 239.6 208.1 202.9 196.8 197.4 184.6 182.6 179.3 178.1 185.5 176.8 128.8 118.9 114.3 108.4 112.6 112.1 82.7 50.0 51.1 49.6
Cost of Revenue 0 (263) 217 219 211 231 246 236 219 234 218 218 202 204 193 180 160 170 153 159 127 320 152 257 294 339 317 321 307 341.4 301.3 315.9 296.7 314.9 290.8 278.9 280 299.5 274.3 276.2 256.3 323.4 250 275.3 255.4 275 199.2 192.4 182.8 207.1 126.5 133.4 124.7 139.2 128.8 127.9 132.7 135.8 124.7 119.0 111.8 120.4 132.8 133.0 128.6 140.9 138.3 129.1 141.2 176.4 174.7 182.2 147.2 158.6 157.8 156.2 139.2 131.9 120.7 137.8 119.5 116.6 117.0 112.9 105.5 103.8 102.5 98.4 106.5 106.0 72.4 70.0 66.9 68.7 70.0 72.8 58.9 31.7 32.8 32.5
Gross Profit 0 1,153 624 590 563 566 571 582 537 537 513 513 468 478 455 430 412 411 386 422 326 442 280 282 431 524 538 524 530 544.3 519.7 528.8 515.1 508.1 478.1 487.4 445.4 452.7 445.7 453 425.7 413.6 421.6 416.2 403.3 290.8 216.4 224.5 205.3 194.8 107.9 101.7 94.9 110.0 98.7 101.4 101.8 103.3 98.1 101.3 84.8 91.7 88.2 100.0 87.7 92.0 100.9 95.9 89.5 87.5 117.2 123.7 109.8 109.4 109.1 113.4 103.0 100.1 96.7 101.8 88.6 86.3 79.8 84.5 79.0 78.8 76.8 79.7 78.9 70.8 56.4 48.9 47.4 39.7 42.6 39.3 23.9 18.3 18.3 17.1
Operating Expenses
R&D Expenses 67 60 62 64 65 68 66 66 62 60 55 58 54 55 56 56 53 50 47 48 45 43 36 31 51 46 47 46 49 49.8 49.5 49.2 53.8 45.8 47.8 48.1 42.4 49.4 53.9 51.7 49.8 43.1 45.9 48 46.9 40 26.3 24.8 25.9 21.3 1.4 1.4 1.9 6.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 237 225 219 208 217 215 220 220 218 209 204 203 192 182 181 179 175 177 164 180 159 188 146 151 198 172 175 174 186 181.7 169.7 173.9 171.6 167.7 158.8 145.9 140.7 137 152.8 144.9 142.3 144.1 136.8 140.9 145.9 117.7 95.6 95.2 91.8 122.6 45.6 44.7 48.8 40.3 43.8 42.5 44.3 53.3 47.7 43.4 39.6 42.4 36.4 40.6 38.6 44.8 38.9 39.1 41.5 43.4 28.2 35.4 36.1 45.3 43.7 40.5 39.1 29.4 34.7 23.5 21.2 20.3 24.3 18.4 20.9 27.7 17.0 16.2 16.6 6.6 9.1 18.2 11.3 14.9 14.0 14.6 15.8 6.7 6.3 6.9
Other Expenses 0 786 114 116 111 115 126 121 92 112 107 139 120 143 129 149 144 180 141 126 118 149 128 156 214 154 173 176 172 (8.4) 505.8 206.9 240.6 197.4 180.9 175 174.3 278.6 205.5 197.3 183.3 0 1,227.1 222.2 192.4 107.4 102.3 100.9 0 0 35.2 43.1 32.7 (0.6) 41.7 49.8 35.2 30.7 29.0 29.0 30.9 60.4 27.9 27.1 27.7 62.3 32.0 30.3 35.1 126.2 50.2 48.8 48.2 37.8 61.3 32.3 29.1 50.6 36.4 35.4 30.4 49.9 22.6 22.6 19.7 13.4 20.8 26.1 23.1 29.9 20.1 10.0 14.1 14.3 13.6 13.6 11.9 5.3 5.1 5.6
Operating Expenses 304 1,071 395 388 393 398 412 407 372 381 366 400 366 380 366 384 372 407 352 354 322 380 310 338 463 372 395 396 407 223.1 725 430 466 410.9 387.5 369 357.4 465 412.2 393.9 375.4 187.2 1,409.8 411.1 385.2 265.1 224.2 220.9 117.7 148.6 82.2 89.2 83.4 46.4 85.5 92.3 79.6 84.0 76.7 72.4 70.5 102.7 64.3 67.6 66.2 107.1 70.9 69.4 76.5 169.7 78.4 84.2 84.3 83.1 105.0 72.8 68.2 80.1 71.1 58.9 51.7 70.2 46.9 40.9 40.6 41.0 37.8 42.2 39.7 36.5 29.2 28.2 25.4 29.1 27.6 28.2 27.6 12.0 11.4 12.5
Operating Income
Operating Income 130 82 229 202 170 168 159 175 165 156 147 113 102 98 89 46 40 4 34 68 4 62 (30) (56) (32) 152 143 128 123 321.2 (204.5) 99.5 49.4 97.2 90.6 117.3 88 (12.3) 33.5 59.1 50.3 (54.4) (588.2) (0.1) 18.1 (156.4) (7.8) 3.6 (12.1) (67.5) 25.7 12.5 11.1 (6.3) 18.9 16.0 31.1 21.1 30.3 38.1 23.7 (4.4) 36.9 46.0 37.3 (0.6) 44.1 42.0 28.1 (25.1) 38.0 39.1 25.5 24.4 4.0 41.0 34.6 20.1 25.6 42.7 36.3 14.6 32.4 43.9 38.9 54.0 38.7 37.1 39.9 36.0 27.3 20.9 21.8 10.5 15.0 11.3 (4.1) 6.2 7.0 4.5
Interest Expense (81) 205 84 77 68 70 73 75 75 82 78 78 75 73 68 70 116 118 120 119 121 124 131 124 124 142 146 147 154 148.9 147.4 146.1 154.8 150.2 148.9 151.2 159.4 165 165.4 165.3 165.7 167.4 166.8 166.4 164.3 164.3 45.7 49.3 47.9 44.2 25.1 25.1 25.0 24.9 26.0 24.2 24.9 25.5 26.3 26.4 26.5 27.4 24.6 24.8 24.7 24.6 22.7 21.4 18.8 63.1 2.7 0.5 0 2.0 7.4 3.6 0.2 11.7 10.5 7.5 4.3 0 7.9 9.5 8.8 48.8 7.6 8.6 10.0 12.6 7.7 12.4 12.5 11.6 12.6 14.1 5.2 4.3 4.4 3.9
Interest Income 0 0 0 0 0 0 0 0 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 69 310 331 300 264 299 244 270 261 230 262 206 202 202 194 31 160 135 144 170 133 173 58 68 111 257 323 249 299 525.9 (37.6) 313 147 260 258.5 291.4 240.4 161 238.5 287.1 234.8 (240.8) (706.2) 221.1 199.8 2.4 81.7 77.9 104.9 6.2 64.4 59.2 49.5 66.1 46.6 56.2 64.8 50.8 52.4 68.0 55.6 55.6 62.8 60.7 59.0 (0.3) 76.8 73.1 63.4 90.6 75.3 90.9 60.0 64.0 65.2 73.3 63.9 46.9 62.1 66.2 56.2 34.2 48.3 58.8 52.9 53.4 54.1 52.9 54.4 48.6 38.5 32.0 32.7 24.7 29.7 24.7 8.1 11.6 12.0 10.1
EBIT 0 202 223 201 173 202 154 183 175 144 172 98 101 99 92 (76) 52 26 48 74 36 33 (53) (72) (27) 107 161 79 134 363 (205) 140 (41) 102.7 85.4 118.5 75.3 (12.3) 46.8 94 54.2 (451.1) (992.7) (1.1) 15.6 (161.4) (18.7) (18.4) 10.8 (85.2) 29.1 16.1 16.2 1.6 7.4 17.1 34.3 20.1 24.4 39.0 24.7 (4.2) 35.6 33.6 31.3 (58.6) 44.7 42.8 32.3 (21.9) 38.8 55.8 25.5 26.3 4.1 40.7 34.8 20.1 25.6 42.9 37.0 16.1 31.2 41.6 38.5 37.8 39.0 37.5 39.2 34.3 27.2 20.7 21.9 10.5 16.1 11.1 (3.8) 6.3 6.9 4.6
Income Before Tax 62 (3) 139 124 105 132 81 108 100 66 94 20 26 26 24 (149) (64) (92) (72) (45) (85) (91) (184) (196) (151) (35) 15 (68) (20) 214.1 (352) (5.8) (195.6) (47.5) (63.5) (32.7) (84.1) (177.3) (118.6) (71.3) (111.5) (218.5) (759.5) (167.5) (148.7) (325.7) (64.4) (67.7) (37.1) (129.4) 3.9 (9.0) (8.7) (23.4) (22.0) (9.3) 6.7 (5.5) (1.9) 12.6 (1.8) (31.6) 8.0 8.7 6.6 (83.2) 22.0 21.4 13.5 (88.1) 35.3 41.3 28.4 22.4 (3.4) 37.5 34.2 8.5 15.2 35.2 32.0 14.6 24.5 34.5 30.0 5.2 31.1 28.5 29.8 23.4 19.6 7.2 9.3 (1.2) 2.4 (2.8) (21.8) 1.9 2.5 0.6
Income Tax Expense (10) (166) 25 29 23 24 17 26 18 (2) 14 15 (1) 5 4 1 3 (154) (172) 6 3 (7) 3 2 4 2 (3) 7 4 7.3 (0.4) (40.8) 6.2 (4.4) (4.2) 6.4 16.7 (66.5) (19.7) (19.6) (19.2) (91) (81.3) (65.3) (62.3) (278.6) 5.4 4.7 7.9 (128.9) 4.2 3.4 3.5 1.3 5.1 3.3 4.9 3.1 2.2 5.5 5.2 126.8 1.4 13.1 1.7 (33.1) 6.9 1.1 38.6 (22.3) 9.9 12.3 8.5 6.0 (0.5) 10.3 9.4 0.6 3.6 10.2 9.6 4.3 5.3 9.7 9.0 0.9 9.6 9.0 9.4 8.4 7.1 (33.5) 1.0 0.5 0.4 (0.3) 1.0 0.3 0.2 0.1
Net Income 52 163 114 95 82 108 64 82 82 67 75 (1) 22 30 328 3,291 26 95 182 109 (15) (90) (117) (203) (159) (43) 14 (77) (24) 206.8 (351.6) (5.8) (201.8) (43.1) (59.3) (39.1) (100.8) (110.8) (98.9) (51.7) (92.3) (127.5) (678.2) (102.2) (86.4) (47.1) (69.8) (72.4) (45) (3.5) (0.5) (13.0) (13.2) (24.7) (27.1) (12.6) 1.8 (8.5) (4.1) 7.0 (6.9) (158.4) 6.6 (4.3) 4.9 (50.1) 15.1 20.3 (25.2) (65.8) 25.4 25.8 19.9 16.4 (2.9) 27.1 24.8 7.9 11.5 25.0 22.4 10.4 19.2 24.8 21.0 4.4 20.7 17.5 18.4 13.0 10.7 40.1 6.5 (1.6) 1.9 (2.4) (10.3) 1.7 2.3 0.5
Per Share Data
EPS (Basic) 0.68 2.00 1.37 1.13 0.97 1.22 1.10 0.91 0.91 0.74 0.83 -0.01 0.24 0.32 3.47 34.61 0.27 0.98 1.89 1.13 -0.16 -0.98 -1.23 -2.18 -1.69 -0.46 0.15 -0.83 -0.26 2.25 -3.86 -0.06 -2.24 -0.48 -0.66 -0.44 -1.14 -1.26 -1.13 -0.59 -1.07 -1.48 -7.88 -1.19 -1.01 -0.55 -0.82 -0.86 -0.53 -0.04 -0.01 -0.15 -0.16 -0.31 -0.30 -0.14 0.02 -0.09 -0.04 0.08 -0.08 -1.74 0.07 -0.05 0.05 -0.53 0.16 0.22 -0.27 -0.71 0.27 0.28 0.21 0.18 -0.03 0.29 0.27 0.09 0.13 0.27 0.25 0.11 0.21 0.28 0.24 0.05 0.26 0.28 0.30 0.24 0.18 0.71 0.15 -0.04 0.05 -0.06 -0.28 0.05 0.06 0.01
EPS (Diluted) 0.66 1.95 1.34 1.11 0.94 1.20 1.08 0.89 0.89 0.73 0.81 -0.01 0.23 0.32 3.42 34.61 0.27 0.95 1.84 1.13 -0.16 -0.95 -1.23 -2.14 -1.69 -0.46 0.15 -0.83 -0.26 2.21 -3.86 -0.06 -2.24 -0.48 -0.66 -0.44 -1.14 -1.26 -1.13 -0.59 -1.07 -1.48 -7.88 -1.19 -1.01 -0.55 -0.82 -0.86 -0.53 -0.04 -0.01 -0.15 -0.16 -0.29 -0.30 -0.14 0.02 -0.09 -0.04 0.08 -0.08 -1.72 0.07 -0.05 0.05 -0.53 0.16 0.22 -0.27 -0.71 0.27 0.27 0.21 0.17 -0.03 0.28 0.26 0.08 0.12 0.26 0.24 0.11 0.21 0.27 0.23 0.05 0.24 0.21 0.22 0.16 0.14 0.48 0.12 -0.02 0.04 -0.06 -0.25 0.04 0.06 0.01
Shares Outstanding 77.6 83 84 84 85 88 89 90 90 90 91 91 91 93 94 95 95.8 97 96 94.8 95 92.3 95 93.3 94 93 93 92.8 92 91.8 91 91 90 89.5 89.6 88.9 88.2 87.7 87.5 87.3 86.3 86.1 86.1 85.9 85.3 84.9 84.7 84.2 84.3 85.2 85.1 85 82 80.9 90.0 92.8 92.5 92.5 92.1 92.1 91.9 91.3 91.8 93.6 94.0 94.0 92.7 92.5 92.5 92.5 92.8 92.6 93.3 93.3 92.7 92.6 92.0 92.0 91.3 91.2 90.2 90.2 89.7 89.2 88.6 88.6 78.7 63.2 61.9 61.9 59.9 59.5 43.0 42.1 40.2 40.2 36.9 36.9 36.6 36.4
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 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 147 167 324 136 134 196 347 321 450 425 891 909 931 914 1,277 928 496 585 782 932 967 928 1,045 790 334 313 363 369 1,213 168 113.5 118.6 109.9 788.8 196.4 198.2 131.9 115.1 120.9 101.4 145.7 151.5 260.9 260.1 234.8 108.7 41.1 100.8 92.6 79.4 41.1 29.5 34.9 8.8 6.6 8.2 10.4 15.3 3.2 2.6 3 5.1 14.5 4.9 5 6.8 17.3 11.6 18.4 18.2 12.4 3.6 5.1 6 4.2 4.1 7 5 9.3 7.6 7.9 6.7 4.4 7.4 7.6 10.4 2.4 12.5
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.8 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
Net Receivables 614 689 707 643 629 585 580 575 504 506 477 499 458 455 426 415 431 423 415 636 621 438 662 612 624 755 759 736 725 713 651.1 685.8 686.3 684.4 611 602.6 594.5 620.4 594.3 641.3 633.9 157.1 158.9 178.0 183.5 193.6 215.3 87.1 92.3 99.6 60.1 48.6 53.3 55.6 47.7 53.1 52.2 54.3 23.6 25.9 23.2 25.8 16.6 18.4 20.1 21.8 13.8 11.5 13.1 13.6 13.2 13.6 20.3 18.3 25.8 27.9 28.1 25.9 24.2 32.1 31.6 35.1 33.3 25.6 20 17.2 13.3 8.1
Inventory 185 169 175 187 169 158 183 186 175 177 183 183 172 161 137 129 113 98 105 184 191 119 223 233 248 244 257 238 229 215.6 238.4 231.9 231.2 243.1 255.2 252.7 253.5 242.3 270.1 249 259.9 66.9 69.9 73.9 79.9 72.3 90.4 30.9 25.9 26.9 26.4 21.7 20.5 29.8 24.0 21.5 25.3 24.7 8.5 11.1 16.8 14.6 10.5 12.5 12.1 11.3 12.5 7.7 6.2 6.7 7 5.1 6.6 5.8 7.2 6.7 8.9 12.5 12.5 19 16.2 10.3 19 14.9 13.8 13.6 20.4 13.8
Other Current Assets 259 258 116 271 252 244 169 207 211 203 169 144 201 164 42 150 606 538 514 51 88 598 85 63 55 51 46 44 41 39 37.1 33.3 34.1 29 27 26 27.1 24.7 24.3 24.5 21.2 105.1 110.0 113.7 14.7 14.3 11.5 0 0 0 0 0 0 0.8 0 0 0.7 18.2 3.9 3.4 3.9 2.2 3.1 3.6 3.5 2.5 3.6 2.4 4.3 2.7 3.2 4.3 7.3 10.6 6 5.4 3.8 4.4 3.3 4.5 4.9 4.7 5.6 3.8 2.8 2.7 2.9 0.5
Total Current Assets 1,205 1,283 1,322 1,237 1,184 1,183 1,279 1,289 1,340 1,311 1,720 1,735 1,762 1,694 2,048 1,748 1,756 1,732 1,921 2,017 2,108 2,181 2,271 1,932 1,496 1,615 1,651 1,585 2,446 1,368.3 1,309.8 1,318.4 1,311.2 1,876.4 1,225.4 1,197.1 1,120.2 1,116.6 1,135.6 1,137.1 1,185.4 434.7 651.5 672.7 569.2 454.4 411.6 249.9 246.9 237.4 147.3 118.4 131.4 107.1 94.6 100.5 104.4 112.4 39.2 43.0 46.9 48.5 44.7 39.4 40.7 42.4 47.2 33.2 42 41.2 35.8 26.6 39.3 40.7 43.2 44.1 47.8 47.8 49.3 63.2 60.6 56.8 62.3 51.7 44.2 43.9 39 34.9
Non-Current Assets
Property, Plant & Equipment 389 391 396 395 333 330 328 314 294 288 272 257 261 253 253 256 247 264 264 483 501 294 530 543 572 605 623 645 635 547 542.4 520.2 505.3 568.2 567.2 574.8 584.7 612.2 663.8 695.5 734.8 460.3 462.7 468.4 574.8 560.2 548.0 234.5 237.4 228.7 194.0 194.2 200.9 197.0 189.8 188.9 183.8 186.7 91.4 88.3 79.5 76.7 77.3 76.4 76 78.4 79.7 79.6 75 76.4 81.5 84.7 90.8 95.9 104.7 108.9 112.8 118.3 128.3 131.4 131.2 121.4 105.9 86.7 78.3 70.8 49.1 41
Goodwill 3,370 3,371 3,361 3,355 2,919 2,890 2,954 2,925 2,925 2,945 2,903 2,930 2,922 2,919 2,865 2,932 2,978 2,892 2,755 3,356 3,287 2,730 3,234 3,211 3,162 3,280 3,251 3,279 3,301 3,279.9 3,308.2 3,312.8 3,372.5 2,956.1 2,961.3 2,930.7 2,906.1 2,888.4 2,991 2,992.5 3,012 736.7 752.2 772.7 773.9 729.1 726.0 0 0 0 0 0 0 199.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 769 808 1,026 1,058 595 615 662 691 728 763 789 835 884 942 897 958 998 1,063 1,097 1,432 1,463 1,231 1,576 1,637 1,677 1,774 1,849 1,925 2,022 2,094.4 2,026.9 2,113.2 2,230.8 1,944 2,024.5 2,089 2,157.4 2,177.4 2,272.1 2,335.1 2,415.9 73.8 76.0 79.8 117.3 116.8 137.7 393.2 400.6 399.8 270.1 284.9 257.7 58.1 259.6 280.3 272.2 289.3 4.0 4.1 4.5 5.2 16.8 17.4 3.2 18.4 19.6 5.1 5.3 21.8 6.6 7.3 19.6 21 23.2 24.5 25.5 27 25.6 26.2 27.2 23.1 28.3 28.5 28.4 28.5 11.7 1.8
Long-Term Investments 0 0 99 107 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 252 265 262 260 258 263 273 266 273 296 298 206 209.2 179.4 253.9 168.4 157.1 187 179.9 206.5 199.8 231.7 405.9 306.7 298.1 294.3 293.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 353 355 64 66 168 174 158 139 135 103 91 93 81 87 91 494 1,629 1,583 1,813 222 232 1,180 231 263 288 262 267 225 137 130 135.6 139.1 138 126.7 115.6 117.3 117.8 112.9 107.6 105.1 110.9 0 0 0 0 0 232.9 94.9 87.9 97.1 84.4 87.7 63.0 46.3 48.7 57.9 69.7 58.9 40.1 37.0 35.4 35.2 19.3 18.5 33.3 17.3 16.1 31.8 29.8 14.1 31.4 29.2 36.8 39.2 41.9 45 47 47.9 44.5 52.9 52.1 44.6 39.2 41.3 40.8 40.1 38.2 13.9
Total Non-Current Assets 5,160 5,179 5,187 5,253 4,271 4,238 4,317 4,249 4,248 4,241 4,167 4,227 4,260 4,315 4,198 4,733 6,196 6,151 5,929 5,745 5,748 5,803 5,831 5,912 5,962 6,194 6,256 6,347 6,391 6,349.5 6,219.1 6,294.5 6,426 5,848.9 5,837 5,868.9 5,953 5,970.8 6,241 6,328 6,505.3 1,766.0 1,597.7 1,619.1 1,760.3 1,699.2 1,644.6 722.5 725.9 725.6 548.5 566.8 542.6 501.0 498.1 527.2 525.6 534.8 135.5 129.4 119.4 117.1 113.4 112.3 112.5 114.1 115.4 116.5 110.1 112.3 119.5 121.2 147.2 156.1 169.8 178.4 185.3 193.2 198.4 210.5 210.5 189.1 173.4 156.5 147.5 139.4 99 56.7
Total Assets 6,365 6,462 6,509 6,490 5,455 5,421 5,596 5,538 5,588 5,552 5,887 5,962 6,022 6,009 6,246 6,481 7,952 7,883 7,850 7,762 7,856 7,984 8,102 7,844 7,458 7,809 7,907 7,932 8,837 7,717.8 7,528.9 7,612.9 7,737.2 7,725.3 7,062.4 7,066 7,073.2 7,087.4 7,376.6 7,465.1 7,690.7 2,200.7 2,249.2 2,291.8 2,329.5 2,153.5 2,056.2 972.4 972.8 963.0 695.8 685.1 674.0 608.1 592.7 627.7 630.0 647.2 174.7 172.4 166.3 165.6 158.1 151.7 153.2 156.5 162.6 149.7 152.1 153.5 155.3 147.8 186.5 196.8 213 222.5 233.1 241 247.7 273.7 271.1 245.9 235.7 208.2 191.7 183.3 138 91.6
Current Liabilities
Account Payables 147 189 162 248 244 216 200 277 211 241 162 171 189 154 176 164 198 204 167 178 280 150 230 179 215 226 253 201 200 225.1 215.4 184 186 190.4 178.4 213 182.9 188.9 173.6 178.6 168.5 37.9 45.3 57.3 50.4 52.0 56.8 32.6 37.0 34.6 26.4 24.8 23.9 22.5 26.1 25.6 26.1 29.7 13.5 14.3 15.3 20.1 13.5 15.6 11.5 13.6 12.7 12.5 9.7 8.7 8.8 8.9 14.2 14.2 15.7 13.4 16.5 16.4 17.7 28.7 23.9 19.2 10.4 13.1 14.4 12.3 7.6 6.3
Short-Term Debt 58 53 69 38 23 23 23 22 22 22 22 23 23 24 24 24 44 44 44 44 44 44 44 384 45 45 288 45 1,046 45 46.8 48.7 50.4 40.3 39.9 39.5 39.3 49.3 49.6 49.7 50 8.9 15.4 24.8 178.6 43.2 6.2 7.6 7.3 6.3 3.8 3.8 3.9 12.2 8.7 7.9 7.2 5.8 0.9 1.4 3 4.3 2.6 2.7 2.9 3 4.3 1.8 2.5 2.6 1.8 31.1 10.2 9.2 25.1 25.6 11.2 10.8 136.1 128.6 126.1 1 1.2 0.5 0.4 1.2 1.2 0.1
Deferred Revenue 0 0 0 0 0 21 0 0 0 25 0 0 0 32 0 0 0 31 0 0 0 28 0 0 0 107 0 0 0 116 0 0 0 97.7 0 0 0 74.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 618 561 354 0 0 140 0 0 0 139 0 0 0 113 0 26 300 404 251 0 0 365 0 0 0 94 0 0 0 120 0 0 0 148.2 0 0 0 134.6 0 0 0 20.5 17.9 12.8 0 0 0 0 0 4.2 3.5 1.4 3.6 2.1 3.7 8.5 6.4 71.0 28.4 26.8 30.8 31.9 32 24.7 31 28.7 30 26.5 27.9 24.4 23.2 22.4 20.4 20.5 22.3 23.8 24.9 25.7 29.6 23 20.6 20.8 10.4 11.6 11.2 12.9 10.5 7.6
Total Current Liabilities 676 803 621 697 753 735 680 696 677 696 619 577 642 622 802 1,254 927 974 844 780 868 832 847 1,085 735 766 1,045 733 1,786 747.3 1,072.4 687.5 756.3 739.8 670.6 686.9 685.5 692.4 718.5 645.4 669.1 159.8 205.5 225.2 373.9 330.5 231.0 125.3 146.8 158.4 95.0 83.2 84.9 86.2 91.3 97.7 97.8 106.6 42.7 42.4 49.1 56.3 48.1 43 45.4 45.3 47 40.8 40.1 35.7 33.8 62.4 44.8 43.9 63.1 62.8 52.6 52.9 183.4 180.3 170.6 41 22 25.2 26 26.4 19.3 14
Non-Current Liabilities
Long-Term Debt 28 29 4,893 4,818 3,884 3,847 3,850 3,849 3,852 3,852 3,855 3,863 3,867 3,870 3,874 3,878 8,789 8,646 8,802 8,975 9,122 9,259 9,334 8,769 8,620 8,680 8,482 8,802 8,937 8,992 8,735 8,845.2 8,794 8,736.3 8,048.9 8,062.7 8,068.4 8,024.9 8,033.8 8,067.6 8,137.1 1,368.9 1,338.4 1,342.3 1,190.5 1,153.9 1,061.6 523.3 524.5 525.8 353.5 355.7 356.7 334.6 430.5 435.5 438.8 438.0 169.9 169.9 160.4 152.9 153.9 154.5 155.2 155.9 155.3 146 147 147.2 147.6 110.6 157.4 159.8 149.9 151.3 165.7 166.5 44.6 44.4 43.6 143.2 118.9 96.9 81.2 75.5 40.6 0.3
Deferred Tax Liabilities 10 11 13 13 12 12 20 19 20 20 43 51 71 87 143 143 42 35 41 88 80 46 93 91 87 91 106 108 109 107.6 140 137.5 143.3 73.1 80.9 78.2 75.6 70.2 129.9 173.9 214.8 34.8 36.3 37.4 34.4 32.3 46.9 3.5 4.4 4.6 25.1 25.2 25.2 25.2 27.8 58.3 58.6 60.8 1.6 1.6 1.7 1.7 1.8 1.8 1.8 1.8 2.2 2.2 2.3 2.6 2.8 2.8 7.3 7.7 7 6.7 5.7 5.8 4.1 4 4.5 3.7 4.5 4.6 4.4 4.4 5.1 5.2
Other Non-Current Liabilities 5,340 5,374 227 230 157 160 155 157 170 180 194 210 223 232 156 200 291 294 318 216 229 328 290 298 293 292 308 312 330 334 200.1 211.1 239.7 203.1 238.5 236.3 238.9 235.6 244.4 245.1 253.6 61.2 66.0 67.2 91.0 90.1 81.9 40.7 35.7 37.0 29.0 24.9 22.3 24.1 18.6 12.2 12.7 7.5 3.7 3.7 3.1 2.9 2.8 3 1.9 2.1 2.3 1 1.3 1.2 1.2 1.4 2.1 5.6 6.3 7.7 10.2 3.9 2.3 3 2.9 2.3 2.2 1.9 2.6 1.8 1.5 3.7
Total Non-Current Liabilities 5,378 5,414 5,165 5,091 4,082 4,050 4,058 4,056 4,076 4,091 4,122 4,155 4,196 4,226 4,212 4,261 9,162 9,015 9,197 9,352 9,509 9,676 9,796 9,238 9,081 9,151 8,987 9,317 9,474 9,434 9,075.1 9,193.8 9,177 9,012.5 8,368.3 8,377.2 8,382.9 8,330.7 8,408.1 8,486.6 8,605.5 1,465.0 1,440.7 1,446.8 1,315.8 1,276.3 1,190.5 567.5 564.6 567.4 407.5 405.8 383.2 383.9 476.9 506.0 510.1 506.3 175.2 175.2 165.2 157.5 158.5 159.3 158.9 159.8 159.8 149.2 150.6 151 151.6 114.8 166.8 173.1 163.2 165.7 181.6 176.2 51 51.4 51 149.2 125.6 103.4 88.2 81.7 47.2 9.2
Total Liabilities 6,054 6,217 5,786 5,788 4,835 4,785 4,738 4,752 4,753 4,787 4,741 4,732 4,838 4,848 5,014 5,515 10,089 9,989 10,041 10,132 10,377 10,508 10,643 10,323 9,816 9,917 10,032 10,050 11,260 10,181 10,147.5 9,881.3 9,933.3 9,752.3 9,038.9 9,064.1 9,068.4 9,023.1 9,126.6 9,132 9,274.6 1,645.3 1,646.2 1,672.0 1,689.7 1,606.8 1,421.5 692.8 711.5 725.8 502.5 489.0 489.1 470.0 568.2 603.7 607.9 612.9 217.9 217.6 214.3 213.8 206.6 202.3 204.3 205.1 206.8 190 190.7 186.7 185.4 177.2 211.6 217 226.3 228.5 234.2 229.1 234.4 231.7 221.6 190.2 147.6 128.6 114.2 108.1 66.5 23.2
Stockholders' Equity
Common Stock 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1.1 1.1 1.1 1.1 1.1 1 1 1 1 1 1 1.0 0.9 0.9 0.9 0.9 0.9 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 351 1,292 1,307 1,193 1,098 1,016 908 844 762 680 613 538 539 517 487 159 (3,132) (3,158) (3,253) (3,435) (3,544) (3,529) (3,439) (3,322) (3,119) (2,954) (2,911) (2,925) (2,848) (2,824) (3,031.1) (2,679.5) (2,673.7) (2,461) (2,417.9) (2,358.6) (2,319.5) (2,218.7) (2,107.9) (2,009) (1,957.3) 18.7 23.1 18.2 53.2 32.9 80.9 (133.7) (151.2) (169.6) (194.0) (3.5) (214.1) (238.1) (239.1) (238.8) (239.0) (228.9) (192.4) (194.1) (196.4) (196.9) (197.2) (199.1) (199.7) (197.2) (193) (188.6) (186.5) (181.4) (177.9) (175.8) (171.1) (163.7) (157) (149.2) (143.3) (129.5) (123.7) (94.5) (85.5) (79.6) (46.5) (54.2) (56.4) (58.3) (62) (65.4)
Accumulated Other Comprehensive Income (226) (223) (244) (250) (322) (365) (261) (307) (306) (283) (331) (265) (312) (318) (415) (346) (298) (261) (226) (199) (210) (218) (295) (327) (389) (292) (335) (300) (249) (300) (236.2) (231) (147.6) (199.7) (193) (265.8) (297.5) (333.6) (249.6) (254.8) (224.6) (65.5) (31.5) (2.6) (9.8) (78.2) 67.1 8.2 8.1 5.6 (0.9) (1.0) (0.3) (4.4) (11.1) (9.3) (9.0) (3.2) (2.3) (2.4) (1.9) (1.3) (1.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 311 245 723 702 620 636 858 786 835 765 959 1,048 1,008 990 1,071 811 (2,289) (2,256) (2,335) (2,509) (2,656) (2,653) (2,662) (2,593) (2,466) (2,212) (2,223) (2,212) (2,423) (2,463) (2,618.6) (2,268.4) (2,196.1) (2,027) (1,976.5) (1,998.1) (1,995.2) (1,935.7) (1,750) (1,666.9) (1,583.9) 555.4 602.9 619.8 639.8 546.7 634.7 279.6 261.3 237.2 193.3 196.1 168.8 138.0 24.5 24.0 22.1 34.3 (43.2) (45.2) (48) (48.2) (48.5) (50.6) (51.1) (48.6) (44.2) (40.3) (38.6) (33.2) (30.1) (29.4) (25.1) (20.2) (13.3) (6) (1.1) 11.9 13.3 42 49.5 55.7 88.1 79.6 77.5 75.2 71.5 68.4
Total Liabilities & Equity 6,365 6,462 6,509 6,490 5,455 5,421 5,596 5,538 5,588 5,552 5,887 5,962 6,022 6,009 6,246 6,481 7,952 7,883 7,850 7,762 7,856 7,984 8,102 7,844 7,458 7,809 7,907 7,932 8,837 7,717.8 7,528.9 7,612.9 7,737.2 7,725.3 7,062.4 7,066 7,073.2 7,087.4 7,376.6 7,465.1 7,690.7 2,200.7 2,249.2 2,291.8 2,329.5 2,153.5 2,056.2 972.4 972.8 963.0 695.8 685.1 674.0 608.1 592.7 627.7 630.0 647.2 174.7 172.4 166.3 165.6 158.1 151.7 153.2 156.5 162.6 149.7 152.1 153.5 155.3 147.8 186.5 196.8 213 222.5 233.1 241 247.7 273.7 271.1 245.9 235.7 208.2 191.7 183.3 138 91.6
Debt Metrics
Total Debt 86 82 4,994 4,886 3,936 3,917 3,906 3,902 3,908 3,932 3,907 3,917 3,925 3,948 3,937 3,942 8,873 8,746 8,882 9,092 9,244 9,362 9,457 9,233 8,746 8,839 8,861 8,942 10,081 9,037 8,781.8 8,893.9 8,844.4 8,776.6 8,088.8 8,102.2 8,107.7 8,074.2 8,083.4 8,117.3 8,187.1 1,377.8 1,353.8 1,367.1 1,369.1 1,197.1 1,067.8 530.9 531.8 532.2 357.3 359.5 360.5 346.8 439.2 443.5 446.0 443.8 170.8 171.2 163.4 157.2 156.5 157.2 158.1 158.9 159.6 147.8 149.5 149.8 149.4 141.7 167.6 169 175 176.9 176.9 177.3 180.7 173 169.7 144.2 120.1 97.4 81.6 76.7 41.8 0.4
Net Debt (61) (85) 4,670 4,750 3,802 3,721 3,559 3,581 3,458 3,507 3,016 3,008 2,994 3,034 2,660 3,014 8,377 8,161 8,100 8,160 8,277 8,434 8,412 8,443 8,412 8,526 8,498 8,573 8,868 8,869 8,668.3 8,775.3 8,734.5 7,987.8 7,892.4 7,904 7,975.8 7,959.1 7,962.5 8,015.9 8,041.4 1,226.3 1,092.8 1,106.9 1,134.2 1,088.4 1,026.7 430.1 439.2 452.8 316.1 330.0 325.6 338.0 432.6 435.3 435.7 428.5 167.6 168.6 160.4 152.1 142 152.3 153.1 152.1 142.3 136.2 131.1 131.6 137 138.1 162.5 163 170.8 172.8 169.9 172.3 171.4 165.4 161.8 137.5 115.7 90 74 66.3 39.4 (12.1)
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 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 52 276 114 95 82 108 64 82 82 67 80 (1) 22 30 335 3,295 28 95 182 109 (15) (84) (193) (198) (159) (37) 18 (75) (24) 206.8 (351.6) (5.8) (201.8) (43.1) (59.3) (39.1) (100.8) (110.8) (98.9) (51.7) (92.3) 19.2 24.8 21.0 19.5 20.4 15.0 13.2 12.6 11.3 42.0 (5.6) 8.4 7.2 (1.6) 1.5 1.9 (22.9) 1.7 2.3 0.5 4.2 1.9 0.5 (2.4) (4.2) (4.4) (2.1) (5.2) (3.5) (1.7) (4.7) (7.4) (6.7) (7.8) (5.9) (13.8) (5.8) (29.2) (9) (5.9) (31) 6.4 4.8 1.9 3.7 3.4 1.3
Depreciation & Amortization 0 0 0 0 0 0 91 0 86 86 90 103 101 103 0 0 0 109 96 96 97 0 111 0 138 0 162 170 165 162.6 124 131 130 682.8 131.3 138.9 128.8 173.3 191.7 193.1 180.6 17.1 17.1 14.5 15.4 15.2 14.3 11.2 11.2 11.0 11.2 10.3 10.9 10.4 14.3 13.8 13.6 11.9 5.3 5.2 5.5 5.8 5.4 5.3 5.7 7.4 7.5 7.2 7.4 8.4 8.4 10.2 9.7 10.7 11.2 9.6 9.4 10.1 8.9 8.8 7.7 11.6 5.4 4.7 3.7 3.7 2.9 2.6
Stock-Based Compensation (26) 1 0 0 0 0 29 (8) 22 33 31 28 26 22 0 0 0 32 26 36 19 0 0 0 10 0 9 10 14 10 10 15 9 6.7 7.5 7.1 5.9 11.8 11 6 6.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 0 0 (115) (107) (4) 33 (61) (54) 6 (1) 8 (129) 32 501 (498) (71) (68) (6) 51 (17) 17 49 33 33 25 (12) (34) (91) 12 (367.7) 379.3 (65.4) (76.8) (25.2) (18.5) 10.3 7 (28.5) 88.5 (10.8) 18.6 (29.3) (19.0) 16.3 (16.6) (4.8) 19.1 (13.2) (4.1) (4.5) 17.4 (9.8) 1.7 (16.5) 5.8 0.0 0.7 12.2 5.4 (1.9) (6.1) (6.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (7.3) 1.3 4.7 1.8 26.8 (20.9) (10.2) (2.3) 32.6 (14.2) (24.9)
Other Non-Cash Items 113 42 185 118 107 60 (5) 121 (25) (52) 3 33 4 (743) (188) (3,261) 134 (4) (168) (75) 5 194 179 217 106 192 (5) 91 179 (22.1) 195.8 173.7 326.2 (517.9) 187.3 197.3 205.4 94.3 2.3 (7.1) 6 1.8 3.5 1.5 0.4 0.7 (6.6) 0.6 6.1 5.3 (33.1) 14.9 (0.0) 0.3 (0.6) (0.8) 0.4 5.2 0.4 0.5 0.3 (3.1) 9.8 (0.5) 0.4 (7.7) (5.3) 3.5 4.1 1.8 0.6 1.5 0.4 (2.2) 0.8 (4) 9.5 1 19.9 0.9 0.1 3.8 0.1 1.5 0.1 (0.7) 0.2 (0.3)
Operating Cash Flow 139 319 184 106 185 202 118 141 171 167 204 34 185 (87) (351) (37) 94 226 187 149 123 159 131 52 120 143 141 95 167 (9.8) 223.5 102.5 29.9 118.1 109.5 168.5 111 76.2 150.9 90.8 101.1 53.9 32.8 62.1 17.9 37.5 48.2 17.9 25.7 23.2 37.6 9.9 20.9 1.5 21.0 14.5 16.6 6.4 12.8 6.0 0.2 0.4 17.1 5.3 3.7 (4.5) (2.2) 8.6 6.3 6.7 7.3 7 2.7 5.5 3.7 0.8 4.9 (2) 0.9 5.4 3.7 11.2 (9) 0.8 3.4 39.3 (7.7) (21.3)
Investing Activities
Capital Expenditure (74) (93) (79) (78) (61) (70) (71) (87) (66) (60) (70) (59) (53) (58) (58) (57) (43) (53) (43) (40) (35) (48) (8) (39) (53) (78) (75) (65) (67) (97.7) (92.6) (112.5) (88) (79.6) (73.9) (78.9) (61.3) (58.5) (81.8) (81.4) (51.2) (43.4) (37.3) (6.2) (25.6) (6.1) (13.0) (12.3) (8.6) (1.7) 3.6 (12.8) 0.2 (6.8) (16.1) (26.8) 5.7 21.6 (7.0) (13.5) (7.2) 9.2 (4.8) (4.4) (2.1) 17.3 (19.4) 3.5 (4.2) (1.2) (5.7) 0.9 (1.5) 5.6 (2.5) (2.4) (2.8) 0.3 (4.7) (7.5) (6.2) (7.4) (8.9) (2.3) (0.9) 2.6 (4.5) 12.2
Acquisitions 0 0 0 0 0 (5) 0 0 0 (496) (2) 0 0 (18) (2) (8) (108) (146) (40) 0 0 (6) 0 (13) 0 0 0 (1) 0 (126.7) (1) (75.2) (274.1) (107.3) (5.6) (30.6) (21.5) 0 0 0 0 0 (21.8) (2.9) 0 (1.7) (147.1) 0 (0.0) (20.7) 0 0 0 0 (316.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 (1) 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 (2) 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1 0 0 (860) (1) 46 0 0 (5) 2 0 (2) (4) 48 743 5,700 (25) (37) (25) 3 (26) 15 (43) (1) 22 5 0 15 3 45.1 1.4 21.7 1.5 10.2 1.5 29.1 3.3 14.6 1.8 22.4 2.4 (7.1) 5.9 (24.9) 18.1 (18.9) (23.4) (8.6) (3.7) (5.7) (24.0) 6.0 (10.2) (5.1) 316.4 13.9 (22.1) (343.2) (4.9) (1.7) (1.6) (18.4) (2.1) (0.3) (2.6) (22.7) 15.1 (17.4) (1.4) 0.1 3.3 15.6 (0.6) (5) 0.3 (1.7) 0.6 (2.7) (2.3) (1.4) (19.3) (26.7) (7.5) (14.4) (10.6) (67.4) (39.2) (0.3)
Investing Cash Flow (73) (93) (79) (938) (62) (29) (71) (87) (71) (557) (72) (61) (57) (28) 685 5,635 (176) (236) (108) (37) (61) (39) (50) (53) (31) (73) (75) (51) (64) (179.3) (92.2) (166) (360.6) (176.7) (78) (80.4) (79.5) (43.9) (80) (59) (48.8) (50.4) (53.2) (34.0) (7.5) (26.7) (183.5) (20.9) (12.3) (28.2) (20.4) (6.8) (10.0) (12.0) (15.9) (12.9) (16.4) (321.6) (11.9) (15.2) (8.8) (9.2) (6.9) (4.7) (4.7) (5.4) (4.3) (13.9) (5.6) (1.1) (2.4) 16.5 (2.1) 0.6 (2.2) (4.1) (2.2) (2.4) (7) (8.9) (25.5) (34.1) (16.4) (16.7) (11.5) (64.8) (43.7) 11.9
Financing Activities
Net Debt Issuance 0 0 95 949 35 (6) 0 (5) 0 (5) (18) (5) (6) (6) (5) (5,032) 150 (205) (161) (161) (110) (111) 199 470 (50) (89) (55) (1,206) 953 265.9 (123) 87.3 (321.4) 690.1 (1.7) (9.9) 22.5 (17.2) (42.4) (52.6) (27.5) (7.0) 0.4 (22.5) (0.9) (0.3) 175.2 (1.0) (2.5) (1.2) 25.8 (98.1) (10.7) 2.1 0.6 (4.3) (2.6) 238.5 (0.5) 8.0 6.4 (0.9) (0.7) (0.9) (0.7) (0.7) 11.8 (1.8) (0.3) 0.3 3.9 (25.9) (1.3) (3.8) (1.4) (0.1) (0.3) (4.3) 7.7 3.3 22.7 24.9 21.4 15.8 4.9 33.7 41.4 (58.1)
Stock Repurchased (22) (500) (110) (104) (166) (243) (55) (150) (58) (25) (112) (20) (47) (243) (11) (159) (51) (5) (1) (8) (13) 0 0 0 (1) 0 1 (6) (1) 3.4 (2.8) (4) (17) (6.8) 1.2 (3.3) (0.6) (1.4) (0.3) (4.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 (23) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.0) (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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (79) (290) (33) (14) (40) (13) (10) (30) (7) (507) (16) (15) (12) (1) (8) (50) (47) 23 (6) (16) (16) (13) (5) (9) (8) (29) (14) (15) (10) (22.6) (7.5) (6.3) (7.2) (30) (34.1) (10.2) (37) (15.7) (9.5) (15.4) (9.6) 0 0 0 0 0 (0.2) 0 0 0 (17.5) 0 0 0 0 0 0 (16.8) 0 0 0 0.1 0.1 0 0 0 (0.1) 0.2 0 0 0 1 0 (0.1) 0 0 0 0 0.1 (0.1) 0 0 (0.1) 0.1 0 (0.1) 0.1 0
Financing Cash Flow (79) (290) (48) 831 (171) (262) (65) (185) (65) (41) (146) (40) (65) (250) (24) (5,241) 52 (187) (168) (185) (139) (124) 194 461 (59) (118) (68) (885) 942 246.7 (133.3) 76 (345.6) 653.3 (34.6) (23.4) (15.1) (34.3) (52.2) (72.4) (37.1) (5.1) 2.5 (19.7) (2.2) 0.9 176.1 (0.4) (1.9) (0.7) 9.0 (1.6) (10.6) 3.2 1.1 (3.9) (2.5) 327.8 (0.4) 9.0 6.7 (0.7) (0.6) (0.9) (0.7) (0.7) 12.1 (1.6) (0.3) 0.3 3.9 (24.9) (1.3) (3.9) (1.4) (0.1) (0.3) 4.3 7.8 3.2 22.9 25.3 22.2 15.6 5.4 33.7 41.2 20.8
Cash Position
Net Change in Cash (13) (63) 58 4 (45) (95) (15) (131) 32 (426) (17) (66) 63 (359) 304 352 (31) (200) (92) (72) (78) 2 277 464 25 (46) (4) (841) 1,046 54.2 (1.6) 7.7 (674.4) 594.4 (1.1) 65 18.9 (5.8) 19.5 (44.3) 17 (2.2) (20.2) 6.8 8.2 13.2 41.7 (3.5) 11.6 (5.4) 26.1 2.0 1.8 (7.6) 6.0 (1.6) (2.2) 12.1 0.6 (0.4) (2.1) (9.4) 9.6 (0.3) (1.8) (10.3) 5.6 (6.9) 0.3 5.8 8.8 (1.5) (0.9) 1.8 0.1 (2.9) 2 (0.1) 1.7 (0.3) 1.1 2.4 (3.2) (0.3) (2.7) 8.2 (10.2) 11.4
Cash at Beginning 266 329 271 267 312 407 422 553 521 941 964 1,030 967 1,326 1,022 670 701 901 993 1,065 1,143 1,141 853 400 375 421 425 1,266 220 165.8 167.4 159.7 834.1 239.7 240.8 175.8 156.9 120.9 101.4 145.7 128.7 52.6 72.9 66.1 92.6 79.4 37.6 41.1 29.5 34.9 8.8 6.8 5.0 12.6 6.6 8.2 10.4 3.2 2.6 3 5.1 14.5 4.9 0 6.8 0 0 0 18.2 0 0 0 6 0 0 0 5 0 0 0 6.7 0 0 0 10.4 0 0 0
Cash at End 253 266 329 271 267 312 407 422 553 515 947 964 1,030 967 1,326 1,022 670 701 901 993 1,065 1,143 1,130 864 400 375 421 425 1,266 220 165.8 167.4 159.7 834.1 239.7 240.8 175.8 115.1 120.9 101.4 145.7 50.4 52.6 72.9 100.8 92.6 79.4 37.6 41.1 29.5 34.9 8.8 6.8 5.0 12.6 6.6 8.2 15.3 3.2 2.6 3 5.1 14.5 (0.3) 5 (10.3) 5.6 (6.9) 18.5 5.8 8.8 (1.5) 5.1 1.8 0.1 (2.9) 7 (0.1) 1.7 (0.3) 7.8 2.4 (3.2) (0.3) 7.7 8.2 (10.2) 11.4
Free Cash Flow 65 226 105 28 124 132 47 54 105 107 134 (25) 132 (145) (409) (94) 51 173 144 109 88 111 123 13 67 65 66 30 100 (107.5) 130.9 (10) (58.1) 38.5 35.6 89.6 49.7 17.7 69.1 9.4 49.9 10.5 (4.5) 56.0 (7.7) 31.4 35.2 5.6 17.1 21.5 41.1 (3.0) 21.1 (5.3) 5.0 (12.3) 22.3 28.0 5.8 (7.5) (7) 9.6 12.3 0.9 1.6 12.8 (21.6) 12.1 2.1 5.5 1.6 7.9 1.2 11.1 1.2 (1.6) 2.1 (1.7) (3.8) (2.1) (2.5) 3.8 (17.9) (1.5) 2.5 41.9 (12.2) (9.1)
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 Q3 2000 Q2 2000 Q1 1999 Q4
Income Statement
Revenue 790 890 841 809 774 797 817 818 756 771 731 731 670 682 648 610 572 581 539 581 453 762 432 539 725 863 855 845 837 885.7 821 844.7 811.8 823 768.9 766.3 725.4 752.2 720 729.2 682 737 671.6 691.5 658.7 565.8 415.6 416.9 388.1 401.9 234.4 235.0 219.6 249.2 227.5 229.3 234.6 239.1 222.7 220.2 196.7 212.1 221.1 233.0 216.3 232.9 239.1 225.0 230.7 263.9 291.9 306.0 257.0 268.0 266.9 269.6 242.3 232.1 217.4 239.6 208.1 202.9 196.8 197.4 184.6 182.6 179.3 178.1 185.5 176.8 128.8 118.9 114.3 108.4 112.6 112.1 82.7 50.0 51.1 49.6
Gross Profit 0 1,153 624 590 563 566 571 582 537 537 513 513 468 478 455 430 412 411 386 422 326 442 280 282 431 524 538 524 530 544.3 519.7 528.8 515.1 508.1 478.1 487.4 445.4 452.7 445.7 453 425.7 413.6 421.6 416.2 403.3 290.8 216.4 224.5 205.3 194.8 107.9 101.7 94.9 110.0 98.7 101.4 101.8 103.3 98.1 101.3 84.8 91.7 88.2 100.0 87.7 92.0 100.9 95.9 89.5 87.5 117.2 123.7 109.8 109.4 109.1 113.4 103.0 100.1 96.7 101.8 88.6 86.3 79.8 84.5 79.0 78.8 76.8 79.7 78.9 70.8 56.4 48.9 47.4 39.7 42.6 39.3 23.9 18.3 18.3 17.1
Operating Income 130 82 229 202 170 168 159 175 165 156 147 113 102 98 89 46 40 4 34 68 4 62 (30) (56) (32) 152 143 128 123 321.2 (204.5) 99.5 49.4 97.2 90.6 117.3 88 (12.3) 33.5 59.1 50.3 (54.4) (588.2) (0.1) 18.1 (156.4) (7.8) 3.6 (12.1) (67.5) 25.7 12.5 11.1 (6.3) 18.9 16.0 31.1 21.1 30.3 38.1 23.7 (4.4) 36.9 46.0 37.3 (0.6) 44.1 42.0 28.1 (25.1) 38.0 39.1 25.5 24.4 4.0 41.0 34.6 20.1 25.6 42.7 36.3 14.6 32.4 43.9 38.9 54.0 38.7 37.1 39.9 36.0 27.3 20.9 21.8 10.5 15.0 11.3 (4.1) 6.2 7.0 4.5
Net Income 52 163 114 95 82 108 64 82 82 67 75 (1) 22 30 328 3,291 26 95 182 109 (15) (90) (117) (203) (159) (43) 14 (77) (24) 206.8 (351.6) (5.8) (201.8) (43.1) (59.3) (39.1) (100.8) (110.8) (98.9) (51.7) (92.3) (127.5) (678.2) (102.2) (86.4) (47.1) (69.8) (72.4) (45) (3.5) (0.5) (13.0) (13.2) (24.7) (27.1) (12.6) 1.8 (8.5) (4.1) 7.0 (6.9) (158.4) 6.6 (4.3) 4.9 (50.1) 15.1 20.3 (25.2) (65.8) 25.4 25.8 19.9 16.4 (2.9) 27.1 24.8 7.9 11.5 25.0 22.4 10.4 19.2 24.8 21.0 4.4 20.7 17.5 18.4 13.0 10.7 40.1 6.5 (1.6) 1.9 (2.4) (10.3) 1.7 2.3 0.5
EPS (Diluted) 0.66 1.95 1.34 1.11 0.94 1.20 1.08 0.89 0.89 0.73 0.81 -0.01 0.23 0.32 3.42 34.61 0.27 0.95 1.84 1.13 -0.16 -0.95 -1.23 -2.14 -1.69 -0.46 0.15 -0.83 -0.26 2.21 -3.86 -0.06 -2.24 -0.48 -0.66 -0.44 -1.14 -1.26 -1.13 -0.59 -1.07 -1.48 -7.88 -1.19 -1.01 -0.55 -0.82 -0.86 -0.53 -0.04 -0.01 -0.15 -0.16 -0.29 -0.30 -0.14 0.02 -0.09 -0.04 0.08 -0.08 -1.72 0.07 -0.05 0.05 -0.53 0.16 0.22 -0.27 -0.71 0.27 0.27 0.21 0.17 -0.03 0.28 0.26 0.08 0.12 0.26 0.24 0.11 0.21 0.27 0.23 0.05 0.24 0.21 0.22 0.16 0.14 0.48 0.12 -0.02 0.04 -0.06 -0.25 0.04 0.06 0.01
Balance Sheet
Cash & Equivalents 147 167 324 136 134 196 347 321 450 425 891 909 931 914 1,277 928 496 585 782 932 967 928 1,045 790 334 313 363 369 1,213 168 113.5 118.6 109.9 788.8 196.4 198.2 131.9 115.1 120.9 101.4 145.7 151.5 260.9 260.1 234.8 108.7 41.1 100.8 92.6 79.4 41.1 29.5 34.9 8.8 6.6 8.2 10.4 15.3 3.2 2.6 3 5.1 14.5 4.9 5 6.8 17.3 11.6 18.4 18.2 12.4 3.6 5.1 6 4.2 4.1 7 5 9.3 7.6 7.9 6.7 4.4 7.4 7.6 10.4 2.4 12.5
Total Assets 6,365 6,462 6,509 6,490 5,455 5,421 5,596 5,538 5,588 5,552 5,887 5,962 6,022 6,009 6,246 6,481 7,952 7,883 7,850 7,762 7,856 7,984 8,102 7,844 7,458 7,809 7,907 7,932 8,837 7,717.8 7,528.9 7,612.9 7,737.2 7,725.3 7,062.4 7,066 7,073.2 7,087.4 7,376.6 7,465.1 7,690.7 2,200.7 2,249.2 2,291.8 2,329.5 2,153.5 2,056.2 972.4 972.8 963.0 695.8 685.1 674.0 608.1 592.7 627.7 630.0 647.2 174.7 172.4 166.3 165.6 158.1 151.7 153.2 156.5 162.6 149.7 152.1 153.5 155.3 147.8 186.5 196.8 213 222.5 233.1 241 247.7 273.7 271.1 245.9 235.7 208.2 191.7 183.3 138 91.6
Total Debt 86 82 4,994 4,886 3,936 3,917 3,906 3,902 3,908 3,932 3,907 3,917 3,925 3,948 3,937 3,942 8,873 8,746 8,882 9,092 9,244 9,362 9,457 9,233 8,746 8,839 8,861 8,942 10,081 9,037 8,781.8 8,893.9 8,844.4 8,776.6 8,088.8 8,102.2 8,107.7 8,074.2 8,083.4 8,117.3 8,187.1 1,377.8 1,353.8 1,367.1 1,369.1 1,197.1 1,067.8 530.9 531.8 532.2 357.3 359.5 360.5 346.8 439.2 443.5 446.0 443.8 170.8 171.2 163.4 157.2 156.5 157.2 158.1 158.9 159.6 147.8 149.5 149.8 149.4 141.7 167.6 169 175 176.9 176.9 177.3 180.7 173 169.7 144.2 120.1 97.4 81.6 76.7 41.8 0.4
Stockholders' Equity 311 245 723 702 620 636 858 786 835 765 959 1,048 1,008 990 1,071 811 (2,289) (2,256) (2,335) (2,509) (2,656) (2,653) (2,662) (2,593) (2,466) (2,212) (2,223) (2,212) (2,423) (2,463) (2,618.6) (2,268.4) (2,196.1) (2,027) (1,976.5) (1,998.1) (1,995.2) (1,935.7) (1,750) (1,666.9) (1,583.9) 555.4 602.9 619.8 639.8 546.7 634.7 279.6 261.3 237.2 193.3 196.1 168.8 138.0 24.5 24.0 22.1 34.3 (43.2) (45.2) (48) (48.2) (48.5) (50.6) (51.1) (48.6) (44.2) (40.3) (38.6) (33.2) (30.1) (29.4) (25.1) (20.2) (13.3) (6) (1.1) 11.9 13.3 42 49.5 55.7 88.1 79.6 77.5 75.2 71.5 68.4
Cash Flow
Operating Cash Flow 139 319 184 106 185 202 118 141 171 167 204 34 185 (87) (351) (37) 94 226 187 149 123 159 131 52 120 143 141 95 167 (9.8) 223.5 102.5 29.9 118.1 109.5 168.5 111 76.2 150.9 90.8 101.1 53.9 32.8 62.1 17.9 37.5 48.2 17.9 25.7 23.2 37.6 9.9 20.9 1.5 21.0 14.5 16.6 6.4 12.8 6.0 0.2 0.4 17.1 5.3 3.7 (4.5) (2.2) 8.6 6.3 6.7 7.3 7 2.7 5.5 3.7 0.8 4.9 (2) 0.9 5.4 3.7 11.2 (9) 0.8 3.4 39.3 (7.7) (21.3)
Capital Expenditure (74) (93) (79) (78) (61) (70) (71) (87) (66) (60) (70) (59) (53) (58) (58) (57) (43) (53) (43) (40) (35) (48) (8) (39) (53) (78) (75) (65) (67) (97.7) (92.6) (112.5) (88) (79.6) (73.9) (78.9) (61.3) (58.5) (81.8) (81.4) (51.2) (43.4) (37.3) (6.2) (25.6) (6.1) (13.0) (12.3) (8.6) (1.7) 3.6 (12.8) 0.2 (6.8) (16.1) (26.8) 5.7 21.6 (7.0) (13.5) (7.2) 9.2 (4.8) (4.4) (2.1) 17.3 (19.4) 3.5 (4.2) (1.2) (5.7) 0.9 (1.5) 5.6 (2.5) (2.4) (2.8) 0.3 (4.7) (7.5) (6.2) (7.4) (8.9) (2.3) (0.9) 2.6 (4.5) 12.2
Free Cash Flow 65 226 105 28 124 132 47 54 105 107 134 (25) 132 (145) (409) (94) 51 173 144 109 88 111 123 13 67 65 66 30 100 (107.5) 130.9 (10) (58.1) 38.5 35.6 89.6 49.7 17.7 69.1 9.4 49.9 10.5 (4.5) 56.0 (7.7) 31.4 35.2 5.6 17.1 21.5 41.1 (3.0) 21.1 (5.3) 5.0 (12.3) 22.3 28.0 5.8 (7.5) (7) 9.6 12.3 0.9 1.6 12.8 (21.6) 12.1 2.1 5.5 1.6 7.9 1.2 11.1 1.2 (1.6) 2.1 (1.7) (3.8) (2.1) (2.5) 3.8 (17.9) (1.5) 2.5 41.9 (12.2) (9.1)