Lowe's Companies, Inc. logo LOW - Lowe's Companies, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 31
HOLD 19
SELL 1
STRONG
SELL 0
| PRICE TARGET: $279.18 DETAILS
HIGH: $325.00
LOW: $232.00
MEDIAN: $276.00
CONSENSUS: $279.18
UPSIDE: 31.72%
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 23,078 20,584 20,813 23,959 20,930 18,553 20,170 23,586 21,364 18,602 20,471 24,956 22,347 22,445 23,479 27,476 23,659 21,339 22,918 27,570 24,422 20,311 22,309 27,302 19,675 16,027 17,388 20,992 17,741 15,647 17,415 20,888 17,360 15,494 16,770 19,495 16,860 15,784 15,739 18,260 15,234 13,236 14,129 17,348 14,360 12,541 13,403 16,599 13,681 11,660 13,088 15,711 12,957 11,046 12,073 14,249 13,153 11,629 11,852 14,543 12,185 10,480 11,587 14,361 12,388 10,168 11,375 13,844 11,832 9,984 12,009 14,509 11,728 10,379 12,172 14,167 11,565 10,405 11,921 13,389 11,211 10,808 10,592 11,929 9,913 8,550 8,681 10,169 8,681 6,929 8,666 6,117.9 7,487.7 5,253.5 6,126.7 5,276.4 4,543.1 4,467.1 5,264.3 4,504.1
Cost of Revenue 15,535 12,524 14,172 16,315 14,390 12,901 13,807 16,114 14,702 13,018 14,014 16,984 15,235 15,610 16,112 18,792 16,054 14,749 15,756 18,667 16,683 14,246 15,364 18,325 13,488 11,384 12,058 14,563 12,462 11,117 12,461 14,339 11,961 10,635 11,415 13,182 11,425 10,726 10,710 12,338 10,332 8,648 9,117 11,367 9,370 8,194 8,645 10,864 8,963 7,618 8,533 10,314 8,476 7,261 8,589 9,415 7,930 7,650 7,866 9,527 7,815 6,754 8,030 9,355 7,526 6,614 7,485 9,021 7,636 6,616 7,843 9,527 7,743 6,758 7,913 9,284 7,601 6,718 7,752 8,911 7,346 7,055 7,012 7,892 6,515 5,560 6,013 6,780 6,013 4,671 6,040 4,181.9 5,285.6 3,687.8 4,409.0 3,782.8 3,251.5 3,218.9 3,812.0 3,204.6
Gross Profit 7,543 8,060 6,641 7,644 6,540 5,652 6,363 7,472 6,662 5,584 6,457 7,972 7,112 6,835 7,367 8,684 7,605 6,590 7,162 8,903 7,739 6,065 6,945 8,977 6,187 4,643 5,330 6,429 5,279 4,530 4,954 6,549 5,399 4,859 5,355 6,313 5,435 5,058 5,029 5,922 5,407 4,588 5,012 5,981 4,990 4,347 4,758 5,735 4,718 4,042 4,555 5,397 4,481 3,785 4,564 4,834 4,143 3,979 4,319 5,016 4,037 3,726 4,358 5,006 4,061 3,554 4,196 4,823 3,890 3,368 4,166 4,982 3,985 3,621 4,259 4,883 3,964 3,687 4,169 4,478 3,865 3,753 3,415 4,037 3,595 2,990 2,870 3,389 3,051 2,258 2,647 1,936.0 2,202.0 1,565.7 1,717.7 1,590.9 1,291.6 1,248.3 1,452.2 1,299.6
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 4,423 4,410 4,160 4,175 4,046 3,902 3,881 4,068 4,009 3,818 3,761 4,086 3,926 2,630 6,443 4,455 4,303 4,741 4,373 4,693 4,494 4,338 4,469 4,582 3,875 3,500 3,719 4,048 3,862 3,520 3,997 4,156 3,934 3,761 3,808 3,931 3,876 3,789 4,090 3,871 4,090 3,781 3,287 3,634 3,415 3,166 3,255 3,541 3,319 3,045 3,184 3,414 3,184 2,808 3,241 3,172 3,241 3,010 3,233 3,232 3,120 2,792 2,931 3,189 3,093 2,813 2,872 3,109 2,944 2,642 2,743 3,035 2,725 2,551 2,503 2,865 2,685 2,383 2,364 2,645 2,467 2,360 2,247 2,388 2,136 1,891 1,938 1,985 1,875 1,377 1,443 1,204.4 1,256.4 1,033.7 1,028.2 975.5 915.9 846.6 884.9 832.5
Other Expenses 566 1,941 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 378 369 365 375 375 362 373 375 375 370 352 367 373 412 373 369 371 382 371 365 373 392 397 398 399 402 401 408 403 397 416 381 385 371 323 332 340 308 274 283 274 228 248 247 237 252 232 221 226 201 185 168.2 153.2 154.9 125.3 119.7 112.3 104.9 98.7 93.6
Operating Expenses 4,989 6,351 4,160 4,175 4,046 3,902 3,881 4,068 4,009 3,818 3,761 4,086 3,926 2,630 6,443 4,455 4,303 4,741 4,373 4,693 4,494 4,338 4,469 4,582 3,875 3,500 3,719 4,048 3,862 3,520 3,997 4,156 3,934 3,761 3,808 3,931 3,876 3,789 4,090 3,871 3,751 4,149 3,662 4,009 3,780 3,527 3,630 3,916 3,692 3,415 3,557 3,781 3,574 3,221 3,394 3,541 3,611 3,392 3,594 3,597 3,491 3,184 3,330 3,587 3,490 3,215 3,275 3,517 3,345 3,039 3,142 3,416 3,118 2,922 2,884 3,197 3,020 2,691 2,661 2,928 2,766 2,588 2,504 2,635 2,409 2,143 2,160 2,201 1,853 1,578 1,643 1,372.6 1,409.6 1,188.6 1,153.5 1,095.3 1,028.2 951.5 983.6 926.1
Operating Income
Operating Income 2,554 1,709 2,481 3,469 2,494 1,750 2,482 3,404 2,653 1,766 2,696 3,886 3,186 4,205 924 4,229 3,302 1,849 2,789 4,210 3,245 1,727 2,476 4,395 2,312 1,143 1,611 2,381 1,417 1,010 957 2,393 1,465 1,098 1,547 2,382 1,559 1,269 939 2,051 1,586 439 1,328 1,972 1,597 819 1,088 1,819 1,066 627 924 1,616 981 564 799 1,293 953 587 443 1,419 826 542 731 1,419 868 339 605 1,292 838 329 1,124 1,566 1,048 699 1,080 1,686 1,239 996 1,204 1,550 1,403 1,165 1,091 1,402 1,006 847 881 1,188 787 680 1,004 563.4 792.4 377.1 564.2 398.2 263.4 348.1 468.6 322.1
Interest Expense 399 403 392 354 361 363 367 369 370 362 372 376 365 333 305 263 237 221 218 213 208 210 222 221 205 184 178 180 169 161 160 160 163 162 162 165 164 161 167 171 158 144 141 133 134 132 134 126 124 128 125 110 113 109 117 99 105 91 94 93 89 78 88 89 87 60 85 81 83 0 76 81 85 0 0 0 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 41 42 25 35 50 52 21 23 27 35 16 16 14 5 2 2 3 3 3 6 6 8 5 3 5 12 7 7 9 9 3 6 2 5 3 2 4 4 2 2 0 0 0 0 0 0 0 0 0 0 0 2 3 3 2 2 3 3 3 0 3 5 2 4 4 5 5 0 11 12 9 0 0 0 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 2,554 1,868 3,056 4,025 3,025 2,376 3,080 3,980 3,157 2,196 3,209 4,530 3,877 2,314 1,566 4,870 3,934 2,463 3,396 4,799 3,809 2,095 1,643 4,451 2,480 1,467 2,017 3,081 1,875 (162) 1,419 2,534 1,855 1,498 1,929 2,767 1,487 1,671 1,355 2,446 1,969 835 1,729 2,372 1,623 1,220 1,489 2,219 1,464 1,023 1,324 2,008 1,358 1,032 1,148 1,689 1,351 984 831 1,808 1,226 946 1,163 1,848 1,297 811 1,046 1,733 1,277 764 1,270 1,990 1,461 1,094 1,448 2,042 1,584 1,326 1,520 1,851 1,693 1,445 1,357 1,654 1,259 1,104 1,117 1,408 1,000 890 1,193 736.8 950.3 532.0 696.3 518.0 375.7 453.0 567.3 415.8
EBIT 2,554 1,305 2,521 3,510 2,518 1,865 2,586 3,499 2,671 1,700 2,723 3,921 3,304 1,715 934 4,228 3,296 1,835 2,784 4,207 3,242 1,530 1,116 3,959 1,991 959 1,559 2,392 1,424 (563) 964 2,170 1,468 1,106 1,549 2,388 1,098 1,271 943 0 1,588 440 1,329 1,974 1,232 824 1,089 1,820 1,067 628 925 1,617 982 594 752 1,296 955 576 446 1,419 829 534 739 1,424 873 381 613 1,297 843 329 854 1,578 1,057 699 1,080 1,686 1,239 996 1,204 1,550 1,403 1,165 1,087 1,402 1,000 847 881 1,181 782 680 999 563.4 792.4 377.1 564.2 398.2 263.4 348.1 468.6 322.1
Income Before Tax 2,155 1,305 2,129 3,156 2,157 1,502 2,219 3,130 2,301 1,339 2,351 3,545 2,939 1,382 629 3,965 3,059 1,614 2,566 3,994 3,034 1,320 894 3,738 1,786 775 1,381 2,212 1,255 (725) 804 2,010 1,305 944 1,387 2,223 934 1,110 776 1,885 1,430 295 1,187 1,839 1,098 687 954 1,693 942 499 799 1,506 868 455 635 1,197 850 485 352 1,329 740 456 651 1,335 786 321 528 1,216 760 259 778 1,497 972 653 1,030 1,636 1,192 952 1,159 1,520 1,368 1,129 1,055 1,363 959 804 841 1,143 739 1,636 959 518.6 746.1 346.7 522.3 357.6 222.8 320.1 442.4 296.1
Income Tax Expense 527 306 513 758 516 378 524 747 546 319 578 872 679 425 475 973 726 408 670 976 713 342 202 910 449 266 332 536 209 99 175 490 317 390 515 804 332 447 397 718 546 284 451 713 425 237 369 654 318 193 300 565 328 167 239 450 323 163 127 499 279 171 247 503 297 116 184 457 284 97 290 559 365 245 387 617 453 339 443 585 527 435 406 525 369 309 325 439 284 243 362 199.7 279.1 128.3 193.3 132.3 82.0 117.8 162.8 109.0
Net Income 1,628 999 1,616 2,398 1,641 1,124 1,695 2,383 1,755 1,020 1,773 2,673 2,260 958 154 2,992 2,333 1,206 1,896 3,018 2,321 978 692 2,828 1,337 509 1,049 1,676 1,046 (824) 629 1,520 988 554 872 1,419 602 663 378 1,167 884 11 736 1,126 673 450 585 1,039 624 306 499 941 540 288 396 747 527 322 225 830 461 285 404 832 489 205 344 759 476 162 488 938 607 408 643 1,019 739 613 716 935 841 694 649 838 590 495 516 704 455 408 597 318.9 467.1 218.4 329.1 225.3 140.8 202.3 279.6 187.1
Per Share Data
EPS (Basic) 2.90 1.78 2.88 4.28 2.93 2.00 2.99 4.18 3.06 1.77 3.07 4.57 3.78 1.58 0.25 4.68 3.52 1.79 2.74 4.27 3.22 1.33 0.92 3.74 1.76 0.67 1.36 2.14 1.31 -1.03 0.78 1.86 1.19 0.67 1.05 1.68 0.70 0.74 0.43 1.32 0.98 0.01 0.80 1.20 0.70 0.46 0.59 1.04 0.61 0.29 0.47 0.88 0.49 0.26 0.35 0.64 0.43 0.26 0.18 0.65 0.35 0.21 0.29 0.58 0.34 -1.08 0.23 0.51 0.32 0.11 0.33 0.64 0.42 0.28 0.44 0.68 0.49 0.40 0.47 0.61 0.54 0.43 0.41 0.54 0.38 0.31 0.34 0.45 0.29 0.85 0.38 0.20 0.30 0.14 0.22 0.15 0.09 0.13 0.18 0.12
EPS (Diluted) 2.90 1.78 2.88 4.27 2.92 2.00 2.99 4.17 3.06 1.77 3.07 4.56 3.78 1.58 0.25 4.67 3.51 1.78 2.73 4.25 3.21 1.32 0.91 3.74 1.76 0.66 1.36 2.14 1.31 -1.03 0.78 1.86 1.19 0.67 1.05 1.68 0.70 0.74 0.43 1.31 0.98 0.01 0.80 1.20 0.70 0.46 0.59 1.04 0.61 0.29 0.47 0.88 0.49 0.26 0.35 0.64 0.43 0.26 0.18 0.64 0.34 0.21 0.29 0.58 0.34 0.14 0.23 0.51 0.32 0.11 0.33 0.63 0.41 0.28 0.43 0.67 0.48 0.40 0.46 0.60 0.53 0.43 0.40 0.52 0.37 0.31 0.33 0.44 0.28 0.85 0.38 0.20 0.30 0.14 0.21 0.14 0.09 0.13 0.18 0.12
Shares Outstanding 559 559 559 559 559 562 565 568 571 574 576 584 596 603 618 638 660 673 690 705 718 734 752 752 755 763 769 781 796 801 806 813 825 828 831 841 857 867 873 883 897 910 918 931 952 964 980 995 1,015 1,035 1,047 1,067 1,088 1,109 1,126 1,157 1,206 1,235 1,250 1,275 1,324 1,359 1,390 1,417 1,438 1,456 1,466 1,464 1,462 1,460 1,459 1,455 1,454 1,454 1,470 1,490 1,510 1,520 1,522 1,541 1,557 1,564 1,560 1,548 1,548 1,568.0 1,544 1,552 1,572 1,638 1,568 1,606.0 1,557.9 1,549.1 1,543.3 1,536.8 1,538 1,530.8 1,530.9 1,530.0
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 786 982 621 4,860 3,054 1,761 3,271 4,360 3,237 921 1,210 3,494 2,950 1,348 3,192 1,482 3,414 1,133 6,121 4,835 6,692 4,690 8,249 11,641 5,955 716 794 1,796 2,973 511 1,668 2,251 1,565 588 743 1,696 1,963 558 960 1,988 4,561 1,191 2,677 632 1,087 682 336 840 1,848 913 1,550 1,600 853 1,305.4 610.5 629.3 1,000.0 455.7 128.7 570.2 522.9 491.1 623.4 973.7 1,047.6 228.9 317 513.2 623.4 195.1 28.5 35.7 47.9 40.4 36.4 105 108.4 63.9 47.2 93.3 141.5 150.3 73.8 246.2 53 73.3 9 93.1 27.1
Short-Term Investments 458 370 412 396 368 372 335 330 264 307 321 374 423 384 464 450 368 271 552 1,420 454 506 1,852 1,085 201 160 127 275 190 218 208 391 205 102 85 119 84 100 123 168 0 816 675 425 424 460 231 191 143 711 137 77 273 91.5 24.8 36.4 38.2 12.9 10.7 11.3 15.1 77.7 81.7 51.3 0 20 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 1,151 1,090 1,216 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38 180 146 199 189 172 186.9 197.8 213.4 196.5 161.0 173.8 183.7 175.5 147.9 177.7 181.7 171.4 143.9 159.9 159.6 150.2 118.4 144.6 149.5 147.9 117.6 143.7 143.3 135.1 113.5 144.3 146.9 144.7 109.2 165.9 97.7 75.2 53.3 74.6 76.4 66.9
Inventory 18,447 17,300 17,183 16,342 18,335 17,409 17,566 16,841 18,224 16,894 17,530 17,422 19,522 18,532 19,817 19,329 20,239 17,605 16,685 17,322 18,382 16,193 15,712 13,831 14,283 13,179 13,716 13,730 15,026 12,561 12,365 11,885 13,204 11,393 12,393 11,407 12,254 10,458 10,990 10,604 11,055 8,653 9,899 8,249 8,189 9,013 7,775 5,272 5,713 4,584 4,652 4,864 3,968 4,150.5 3,905.9 3,651.2 3,917.7 3,285.4 3,500.2 3,167.4 3,338.3 2,812.4 2,820 2,589.9 2,775.8 2,104.8 2,203.2 1,968.3 2,033.1 1,714.6 1,907.2 1,748.9 1,819.1 1,605.9 1,573 1,452.7 1,451.8 1,267.1 1,364.5 1,165.7 1,261.1 1,132.3 1,040 941.7 946.2 853.7 829.3 741.7 691.4
Other Current Assets 1,320 1,213 788 1,041 918 816 805 806 1,025 949 907 946 1,023 1,178 1,518 1,406 1,590 1,051 1,491 1,506 1,288 937 1,103 1,160 1,487 1,263 1,025 995 1,146 938 897 956 1,059 689 788 811 975 884 655 591 683 461 444 426 393 447 434 161 201 168 293 323 302 290.0 322.8 314.7 316.9 242.5 279.2 251.4 219.7 180.5 174.4 133.3 156.8 114.3 146.1 172 115.1 81.5 146.8 201.9 74.4 87.6 111.7 125.1 137.8 159.2 149.5 178.2 96.5 165.4 287.8 224.3 127.6 103.6 143.3 145.2 86
Total Current Assets 22,162 20,955 20,220 22,639 22,675 20,358 21,977 22,337 22,750 19,071 19,968 22,236 23,918 21,442 24,991 22,667 25,611 20,060 24,849 25,083 26,816 22,326 26,916 27,717 21,926 15,318 15,662 16,796 19,335 14,228 15,138 15,483 16,033 12,772 14,009 14,033 15,276 12,000 12,728 13,351 16,473 11,121 13,695 9,732 10,093 10,602 8,776 6,502 8,085 6,687 6,831 7,053 5,568 6,024.2 5,061.7 4,845.1 5,469.2 4,175.0 4,092.6 4,184.1 4,271.6 3,709.5 3,877.2 3,929.9 4,151.6 2,585.7 2,826.2 2,813.1 2,921.8 2,109.6 2,227.1 2,136 2,089.3 1,851.5 1,864.8 1,826.1 1,833.1 1,603.7 1,705.5 1,584.1 1,643.8 1,557.2 1,567.5 1,509.9 1,202 1,083.9 1,056.2 1,056.4 871.4
Non-Current Assets
Property, Plant & Equipment 22,436 22,665 22,654 21,595 21,435 21,387 21,357 21,334 21,360 21,386 21,174 21,023 20,906 21,085 20,787 22,871 23,021 23,179 23,086 22,851 22,945 22,987 22,506 22,410 22,377 22,560 22,244 22,170 22,076 18,432 18,923 19,172 19,500 19,721 19,818 19,762 19,748 19,949 20,037 20,274 19,463 22,274 22,379 22,499 22,727 22,715 20,755 12,858 12,308 11,819 10,955 10,545 10,352 9,647.5 8,279.8 7,829.2 7,421.3 7,035.0 6,439.2 5,932.8 5,548.1 5,177.2 4,851.4 4,536 4,289.2 3,636.9 3,437.7 3,243.7 3,097.3 3,005.2 2,868 2,719.7 2,583 2,494.4 2,301.6 2,124.6 1,984.7 1,858.3 1,723.4 1,567.6 1,460 1,397.7 1,223.4 1,159.4 1,081.8 1,020.2 931.5 870.2 818.2
Goodwill 3,945 3,945 3,982 691 0 0 0 0 0 0 0 0 0 311 0 0 0 311 0 0 0 311 0 0 0 303 303 303 303 303 1,272 1,271 1,288 1,307 1,327 1,255 1,081 1,082 1,034 1,074 1,034 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 5,807 5,908 5,994 976 0 0 0 0 0 0 0 0 0 303 0 0 0 522 0 0 0 0 0 0 0 259 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 247 319 280 273 300 277 312 292 306 252 238 182 103 121 63 56 76 247 213 225 197 200 202 326 300 372 363 179 235 256 290 87 321 408 370 360 477 366 436 604 400 730 832 277 900 448 333 155 163 0 116 132 0 0 26 31 32 35 37 38 33 0 32 33 0 29 0 0 39 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 344 352 323 300 844 836 836 787 834 838 859 850 840 196 831 1,027 984 157 1,032 1,024 1,029 571 1,015 1,043 1,014 443 713 735 775 995 805 843 896 915 912 930 759 789 804 918 (347) 508 508 497 462 444 658 372 385 410 288 302 189 139.4 190.4 193.1 169.2 165.8 143.0 132.5 115.5 125.6 131.2 152.6 147.2 122.1 109.8 104.9 96.8 104.5 78.4 80.1 77 89.1 73.4 81 85.3 94.4 94.7 102.2 114.9 151.1 106.4 100.5 101.9 97.5 103.4 84.5 72.2
Total Non-Current Assets 32,779 33,189 33,233 23,975 22,697 24,215 22,766 22,597 22,615 24,285 22,551 22,285 21,999 23,831 21,982 24,058 24,114 26,270 24,551 24,321 24,384 25,964 23,964 24,046 23,906 25,672 24,102 23,899 23,884 20,413 21,575 21,622 22,204 22,519 22,774 22,635 22,337 22,408 22,642 23,120 20,704 23,512 23,719 23,273 24,089 23,607 21,413 13,230 12,693 12,355 11,243 10,847 10,541 9,787.0 8,470.2 8,022.3 7,590.5 7,200.7 6,582.2 6,065.3 5,663.6 5,302.8 4,982.6 4,688.6 4,436.4 3,759 3,547.5 3,348.6 3,194.1 3,109.7 2,946.4 2,799.8 2,660 2,583.5 2,375 2,205.6 2,070 1,952.7 1,818.1 1,669.8 1,574.9 1,548.8 1,329.8 1,259.9 1,183.7 1,117.7 1,034.9 954.7 890.4
Total Assets 54,941 54,144 53,453 46,614 45,372 44,573 44,743 44,934 45,365 43,356 42,519 44,521 45,917 45,273 46,973 46,725 49,725 46,330 49,400 49,404 51,200 48,290 50,880 51,763 45,832 40,990 39,764 40,695 43,219 34,641 36,713 37,105 38,237 35,291 36,783 36,668 37,613 34,408 35,370 36,471 37,177 34,633 37,414 33,005 34,182 34,209 30,189 19,732 20,778 19,042 18,074 17,900 16,109 15,811.2 13,532.0 12,867.4 13,059.7 11,375.8 10,674.8 10,249.3 9,935.2 9,012.3 8,859.8 8,618.5 8,588 6,344.7 6,373.7 6,161.7 6,115.9 5,219.3 5,173.5 4,935.8 4,749.3 4,435 4,239.8 4,031.7 3,903.1 3,556.4 3,523.6 3,253.9 3,218.7 3,106 2,897.3 2,769.8 2,385.7 2,201.6 2,091.1 2,011.1 1,761.8
Current Liabilities
Account Payables 11,975 9,762 10,236 9,513 11,235 9,290 10,602 10,336 11,737 8,704 9,914 10,333 11,885 10,524 12,249 12,631 13,831 11,354 11,334 12,011 13,964 10,884 12,759 12,916 10,841 7,659 8,822 9,499 11,485 8,279 9,283 8,984 10,104 6,590 8,903 8,649 9,905 6,651 7,836 7,696 8,821 4,888 7,062 4,287 4,970 5,843 3,895 2,471 3,484 2,212 2,612 3,069 1,943 2,046.2 1,895.8 1,910.3 2,473.6 1,714.4 1,797.8 1,698.2 2,204.3 1,566.9 1,549.4 1,472.2 224.7 1,220.5 1,267.4 1,201.6 1,338.8 969.8 990.7 966.4 1,016.2 914.2 833 773.2 842.7 655.4 713.9 597.3 691.8 675.4 597.1 516.1 561.2 467.3 387.5 345 353.6
Short-Term Debt 1,190 3,144 3,128 4,711 4,745 3,149 3,073 1,842 1,846 1,024 1,077 1,126 1,186 1,606 1,260 773 760 1,504 2,925 2,901 1,889 1,653 1,139 2,129 2,110 3,039 1,710 1,501 1,508 1,832 1,117 894 896 1,431 468 296 295 1,305 800 1,193 1,083 37 536 552 561 52 51 34 78 77 73 80 79 89.1 50.3 144.0 137.6 292.2 290.6 141.9 131.1 152.4 191.5 210.7 1,715.4 191.5 151.8 133.4 115.7 110.6 97.1 96.1 164 103.5 77.6 34.8 68.7 30.7 105.5 32.6 32 28.8 0 0 0 51.8 0 0 92.3
Deferred Revenue 1,629 1,477 1,537 1,558 1,500 1,358 1,359 1,417 1,409 1,408 1,499 1,566 1,645 1,603 1,736 1,968 2,094 1,914 1,954 2,041 2,022 1,608 1,614 1,715 1,212 1,219 1,222 1,324 1,376 1,299 1,356 1,449 1,439 1,378 1,404 1,450 1,415 1,253 1,258 1,285 1,233 770 901 683 716 741 793 80 166 59 67 72 0 294.9 170.1 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
Other Current Liabilities 3,846 5,080 3,527 4,742 4,055 3,461 3,585 3,596 3,644 3,445 3,135 3,470 3,202 3,488 4,226 3,767 3,956 3,207 3,268 3,380 3,705 3,067 2,935 3,471 3,180 2,581 2,530 2,794 2,643 2,425 2,507 2,583 2,620 1,950 2,155 2,565 2,346 1,975 2,035 3,009 2,984 2,298 1,788 1,256 2,157 2,033 2,016 1,978 2,143 1,576 1,721 1,597 1,250 1,356.7 915.9 910.4 930.8 904.5 798.1 825.4 783.4 666.6 650.6 662.9 658.6 478.7 494 474.4 495.2 368.9 389.8 400.3 388.5 330.8 322.8 350.6 298.9 263.8 262.8 268.7 267.4 241.7 241.1 251.6 237.8 162.1 227.8 213.9 147.1
Total Current Liabilities 20,274 19,463 19,451 21,622 22,388 18,757 19,447 18,246 19,506 15,568 16,496 17,612 19,210 19,511 20,876 20,366 21,831 19,668 20,834 21,664 22,892 18,730 19,564 21,370 18,325 15,182 15,063 15,835 17,781 14,497 15,069 14,581 15,774 12,096 13,738 13,625 14,686 11,974 12,633 13,183 14,121 7,993 10,881 7,355 8,944 9,204 7,192 4,733 5,871 4,368 4,473 4,915 3,578 3,786.8 3,032.1 3,145.9 3,721.6 2,928.6 2,886.4 2,665.6 3,118.8 2,386.0 2,391.5 2,345.8 2,598.7 1,765.3 1,913.2 1,809.4 1,949.7 1,449.3 1,477.6 1,462.8 1,568.7 1,348.5 1,233.4 1,158.6 1,210.3 949.9 1,082.2 898.6 991.2 945.9 838.2 767.7 799 681.2 615.3 558.9 593
Non-Current Liabilities
Long-Term Debt 36,751 37,490 37,498 30,548 30,541 32,513 32,906 34,659 34,622 34,962 35,374 35,839 35,863 32,426 32,904 28,763 28,776 23,319 23,881 21,967 21,906 20,104 21,185 20,197 20,200 16,156 16,154 16,156 16,542 13,682 14,460 14,937 14,948 14,718 15,570 15,788 15,770 13,579 14,395 14,618 14,322 5,533 5,531 4,223 4,515 5,023 5,580 3,664 3,668 3,678 3,684 3,733 3,736 3,739.0 3,787.1 3,291.6 3,305.4 2,697.7 2,209.8 2,217.0 1,732.2 1,726.6 1,733.3 1,747.1 1,722.3 1,283.1 1,302.3 1,323.7 1,331.2 1,045.6 1,049.9 934.3 788.6 767.3 740.8 693.6 898 866.2 748.9 714.9 690.3 681.2 628.3 628.9 605.7 592.3 572.8 581 344.5
Deferred Tax Liabilities 1,239 1,039 808 0 0 1,471 0 0 0 1,561 0 0 0 1,565 0 0 0 1,690 0 0 0 1,555 0 0 0 1,519 0 0 0 133 0 0 0 0 0 0 0 0 0 0 0 459 521 598 564 594 615 726 687 657 524 499 478 318.4 290.1 273.4 261.6 251.4 228.5 211.0 203.5 199.8 184.8 174 172.2 160.3 130 126.6 122.2 123.8 110.2 105.7 103.4 101.6 94.9 91.8 87.3 83.6 65.6 59.3 49.2 49.2 37.1 32.3 29.9 26.2 16.9 19.3 18
Other Non-Current Liabilities 762 764 735 760 762 779 808 798 859 931 966 960 869 862 829 800 797 781 1,006 1,010 982 991 1,144 1,000 761 712 791 759 759 1,149 963 978 962 955 939 929 857 843 889 904 796 1,435 1,462 906 983 951 748 62 46 30 20 18 15 9.3 3.2 3.2 3.2 3.2 3.9 3.9 3.9 4.5 4.5 3.8 3.2 0 0 0 0 0 0 0.1 0 0.1 (0.1) 0.1 0 0 0.2 2.7 3.2 9.8 15 20.2 22.8 28.2 33.1 37.2 41.9
Total Non-Current Liabilities 43,937 44,598 44,384 36,392 36,238 40,047 38,715 40,451 40,465 42,838 41,170 41,641 41,417 40,016 38,965 34,801 34,771 31,478 30,142 27,915 27,863 28,123 27,243 26,037 25,791 23,836 22,243 22,220 22,202 16,500 16,250 16,743 16,718 17,322 17,303 17,507 17,396 16,000 16,029 16,266 15,844 7,427 7,514 6,581 6,062 6,568 6,943 4,452 4,401 4,365 4,228 4,250 4,229 4,066.8 4,080.5 3,568.2 3,570.2 2,952.3 2,442.1 2,431.9 1,939.5 1,930.9 1,922.6 1,924.9 1,897.7 1,443.4 1,432.3 1,450.3 1,453.4 1,169.4 1,160.1 1,040.1 892 869 835.6 785.5 985.3 949.8 814.7 776.9 742.7 740.2 680.4 681.4 658.4 646.7 622.8 637.5 404.4
Total Liabilities 64,211 64,061 63,835 58,014 58,626 58,804 58,162 58,697 59,971 58,406 57,666 59,253 60,627 59,527 59,841 55,167 56,602 51,146 50,976 49,579 50,755 46,853 46,807 47,407 44,116 39,018 37,306 38,055 39,983 30,997 31,319 31,324 32,492 29,418 31,041 31,132 32,082 27,974 28,662 29,449 29,965 15,420 18,395 13,936 15,006 15,772 14,135 9,185 10,272 8,733 8,701 9,165 7,807 7,853.5 7,112.7 6,714.1 7,291.8 5,880.9 5,328.5 5,097.4 5,058.3 4,316.9 4,314.1 4,270.7 4,496.4 3,208.7 3,345.5 3,259.7 3,403.1 2,618.7 2,637.7 2,502.9 2,460.7 2,217.5 2,069 1,944.1 2,195.6 1,899.7 1,896.9 1,675.5 1,733.9 1,686.1 1,518.6 1,449.1 1,457.4 1,327.9 1,238.1 1,196.4 997.4
Stockholders' Equity
Common Stock 280 281 280 280 280 280 282 284 286 287 288 291 296 301 305 316 326 335 343 350 358 366 376 378 377 381 384 388 397 401 403 406 411 415 415 419 426 433 437 440 447 711 722 729 738 737 735 386 392 394 392 392 391 390.4 386.9 386.4 192.4 191.6 191.4 191.4 191.3 191.2 191.1 191 191.1 187 0 0 185 0 0 87 174 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings (9,884) (10,839) (11,165) (12,108) (13,833) (14,799) (13,993) (14,342) (15,188) (15,637) (15,744) (15,341) (15,310) (14,862) (13,313) (8,895) (7,367) (5,115) (1,913) (460) 98 1,117 3,942 4,134 1,722 1,727 2,238 2,439 3,095 3,452 5,156 5,517 5,405 5,425 5,289 5,253 5,346 6,241 6,376 6,839 7,074 18,454 18,246 18,307 18,025 17,399 15,281 8,782 8,108 7,574 6,865 6,288 5,887 5,587.1 4,278.8 4,043.8 3,730.2 3,518.4 3,390.9 3,202.0 2,935.8 2,762.0 2,626.4 2,446.6 2,227.8 2,136.7 1,910.7 1,804.9 1,650 1,565.1 1,502.2 1,423.7 1,306.8 1,245.9 1,199.8 1,133.2 1,027.5 988.4 958.3 922.4 844.6 792.9 611.3 571.5 500.2 454.3 613.9 588.2 549
Accumulated Other Comprehensive Income 266 271 275 281 286 288 292 295 296 300 302 306 304 307 140 137 164 (36) (6) (65) (11) (136) (245) (285) (393) (136) (164) (187) (256) (209) (165) (142) (71) 11 38 (136) (241) (240) (214) (366) (309) 39 45 27 46 5 18 (1) (1) 1 0 0 1 0.4 0.3 (0.4) (1.2) (1.9) (5.0) (7.8) (10.5) (13.3) (17.8) (21.3) (17.8) (30.0) (789.8) (789.8) (56) (789.8) (609.7) (30) (34) (609.7) (459.6) (459.6) (459.6) (459.6) (367.1) (367.1) (367.1) (344.4) (256.8) (256.8) 0 0 0 0 0
Total Stockholders' Equity (9,270) (9,917) (10,382) (11,400) (13,254) (14,231) (13,419) (13,763) (14,606) (15,050) (15,147) (14,732) (14,710) (14,254) (12,868) (8,442) (6,877) (4,816) (1,576) (175) 445 1,437 4,073 4,356 1,716 1,972 2,458 2,640 3,236 3,644 5,394 5,781 5,745 5,873 5,742 5,536 5,531 6,434 6,599 6,913 7,212 19,213 19,019 19,069 19,176 18,437 16,054 10,547 10,506 10,309 9,373 8,735 8,302 7,957.7 6,419.3 6,153.3 5,767.9 5,494.9 5,346.2 5,151.9 4,877.0 4,695.5 4,545.7 4,347.8 4,091.6 3,136 3,028.2 2,902 2,712.8 2,600.6 2,535.8 2,432.9 2,288.6 2,217.5 2,170.8 2,087.6 1,707.5 1,656.7 1,626.7 1,578.4 1,484.8 1,419.9 1,378.7 1,320.7 928.3 873.7 853 814.7 764.4
Total Liabilities & Equity 54,941 54,144 53,453 46,614 45,372 44,573 44,743 44,934 45,365 43,356 42,519 44,521 45,917 45,273 46,973 46,725 49,725 46,330 49,400 49,404 51,200 48,290 50,880 51,763 45,832 40,990 39,764 40,695 43,219 34,641 36,713 37,105 38,237 35,291 36,783 36,668 37,613 34,408 35,370 36,471 37,177 34,633 37,414 33,005 34,182 34,209 30,189 19,732 20,778 19,042 18,074 17,900 16,109 15,811.2 13,532.0 12,867.4 13,059.7 11,375.8 10,674.8 10,249.3 9,935.2 9,012.3 8,859.8 8,618.5 8,588 6,344.7 6,373.7 6,161.7 6,115.9 5,219.3 5,173.5 4,935.8 4,749.3 4,435 4,239.8 4,031.7 3,903.1 3,556.4 3,523.6 3,253.9 3,218.7 3,106 2,897.3 2,769.8 2,385.7 2,201.6 2,091.1 2,011.1 1,761.8
Debt Metrics
Total Debt 42,540 44,677 44,696 39,060 38,955 39,678 39,720 40,239 40,227 40,145 40,053 40,576 40,528 37,994 38,212 33,605 33,597 29,384 30,942 28,709 27,720 26,211 26,231 26,185 26,225 23,750 22,287 22,094 22,114 16,223 15,577 15,831 15,844 16,995 16,038 16,084 16,065 15,699 15,195 15,811 15,405 5,570 6,067 5,080 5,076 5,075 5,631 3,698 3,746 3,755 3,757 3,813 3,815 3,828.0 3,837.5 3,435.6 3,443.1 2,989.8 2,500.4 2,358.9 1,863.3 1,879.0 1,924.8 1,957.8 3,437.7 1,474.6 1,454.1 1,457.1 1,446.9 1,156.2 1,147 1,030.4 952.6 870.8 818.4 728.4 966.7 896.9 854.4 747.5 722.3 710 628.3 628.9 605.7 644.1 572.8 581 436.8
Net Debt 41,754 43,695 44,075 34,200 35,901 37,917 36,449 35,879 36,990 39,224 38,843 37,082 37,578 36,646 35,020 32,123 30,183 28,251 24,821 23,874 21,028 21,521 17,982 14,544 20,270 23,034 21,493 20,298 19,141 15,712 13,909 13,580 14,279 16,407 15,295 14,388 14,102 15,141 14,235 13,655 10,844 4,379 3,390 4,448 3,989 4,393 5,295 2,858 1,898 2,309 2,207 2,213 2,962 2,522.7 3,226.9 2,806.3 2,443.1 2,534.2 2,371.6 1,788.7 1,340.3 1,387.8 1,301.4 984.1 2,390.1 1,251.9 1,137.1 943.9 823.5 961.1 1,118.5 994.7 904.7 830.4 782 623.4 858.3 833 807.2 654.2 580.8 559.7 554.5 382.7 552.7 570.8 563.8 487.9 409.7
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 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 1,628 1,000 1,616 2,397 1,641 1,124 1,691 2,382 1,750 1,017 1,773 2,673 2,260 958 154 2,983 2,325 1,207 1,895 3,019 2,321 978 692 2,828 1,337 510 1,049 1,676 1,046 (824) 629 1,521 988 554 872 1,419 602 663 379 1,167 884 649 838 590 704 455 408 452 596 421 318.9 339.2 467.1 345.8 218.4 250.5 329.1 140.8 202.3 279.6 187.1 148.9 168.7 230.2 125 106.2 116.4 165.3 100.7 72.5 88.1 126.5 70.4 55.7 75.2 114.2 47.1 38.1 44 85 58.9 46.3 54.2 71.3 51.8 25.7 31.7 45 29.4
Depreciation & Amortization 644 637 535 515 507 511 494 481 486 496 486 476 465 472 502 504 503 494 481 464 443 442 405 374 373 381 345 347 337 401 455 364 387 392 380 379 389 400 412 395 383 266 252 253 225 213 210 198 189 184 173.4 163.8 157.9 149.9 144.2 138.3 132.0 112.3 104.9 98.7 93.6 91.2 86.6 81.9 78.1 72.2 68.8 66.4 69 65.2 60.5 58.7 56.7 55.1 50.7 48.5 45.5 43.2 39.7 36.6 34.1 31.7 29.4 27 24.8 22.1 20.2 19.5 18.7
Stock-Based Compensation 65 70 60 59 58 57 54 55 55 50 47 54 59 59 55 115 50 61 54 63 54 48 43 37 27 23 24 9 42 (5) 17 38 24 21 23 29 26 19 22 24 25 0 0 16 0 0 0 0 0 5 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
Change in Working Capital 184 (547) (2,066) 1,170 896 (842) (1,922) 215 1,707 (653) (1,336) 593 (832) (1,603) (544) (628) (107) (1,010) (305) (1,267) 1,455 (1,939) (2,642) 3,942 2,534 (1,145) (1,091) (739) 708 (1,350) (168) 231 2,045 (1,468) (955) 168 1,759 (849) (601) (41) 1,862 126 (96) 370 (490) 501 279 (375) (205) 418 (52.8) (113.4) (167.2) 658.4 237.5 (248.1) (302.5) 284.7 (266.3) (323.0) 161.5 68.3 (158.1) (24.1) 209.2 (33.9) (121.1) (108.8) 161.1 187.7 (115.5) 44.2 (72) 90 (69.7) (24.6) 28.4 74.5 (71.4) 13.7 (124.9) 61.5 (71.4) 8.3 0.2 51.9 (33.4) (29.1) (92.5)
Other Non-Cash Items 626 175 588 146 151 42 1,058 89 129 165 144 145 52 552 2,211 120 147 143 155 187 109 148 1,216 181 133 151 168 168 110 1,185 142 258 6 23 9 (92) 482 15 476 (60) 14 20 31 16 23 32 128 11 57 11 384.1 15.1 7.0 15.2 20.0 2.6 22.3 4.7 9.7 4.1 11.7 8.3 5.3 12.4 25.5 7.2 (0.1) 30.7 1.8 (0.8) 4.7 4.3 6.1 11.3 (1.1) 0.9 (1.2) 0.2 (0.3) 9.1 (0.8) 2.2 0.9 0.9 1.8 2.2 4.8 0.8 2.8
Operating Cash Flow 3,350 1,567 687 4,231 3,379 911 1,299 3,153 4,262 1,108 1,064 3,862 2,106 451 2,126 3,035 2,977 934 2,266 2,421 4,492 (436) (267) 7,302 4,450 185 528 1,446 2,137 (605) 1,011 2,358 3,429 (307) 298 1,779 3,295 348 641 1,408 3,220 1,134 1,029 1,197 508 1,209 1,116 336 634 1,046 661.0 406.9 454.9 1,173.2 635.5 165.2 189.1 553.1 58.1 58.7 459.8 325.7 108.3 302.8 434.1 167 78.4 154.9 344.7 319.3 43.7 238.1 63.8 224.2 54.1 143.8 120.9 173.8 17.8 144.4 (32.7) 151.4 15.9 112.4 79.3 111.6 20.4 35.4 (41.7)
Investing Activities
Capital Expenditure (521) (603) (597) (495) (518) (548) (571) (426) (382) (620) (579) (385) (380) (739) (403) (344) (343) (597) (410) (385) (461) (619) (462) (382) (328) (557) (401) (321) (205) (328) (303) (319) (224) (336) (311) (274) (202) (347) (330) (282) (208) (912) (741) (624) (752) (568) (759) (654) (619) (391) (912.6) (539.9) (408.3) (501.2) (524.7) (610.5) (552.0) (717.5) (640.1) (505.9) (468.4) (414.3) (440.6) (328.6) (288.8) (284.7) (271.6) (244.5) (177.7) (234.6) (216.5) (200.2) (121.5) (218.7) (175.8) (138.6) (144.1) (161) (156.1) (116) (87.3) (156.5) (96.5) (79.3) (81.8) (112.4) (87.1) (84.3) (53.1)
Acquisitions 0 (31) (8,741) (1,316) 2 80 54 43 15 24 (23) 0 123 499 18 9 10 19 137 14 13 30 (123) 21 0 92 29 18 24 26 20 25 68 24 (4) (501) 6 (72) (111) (2,284) 133 7 0 (1,069) 57 11 (5) 6 25 19 0 (12.5) 10.7 4.0 6.9 11.7 0 16.4 23.2 24.5 7.2 0 13.3 17.7 3.7 0 6.2 0 1.8 0 (5.3) 0 (55.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (337) (403) (445) (454) (391) (287) (371) (351) (277) (502) (405) (428) (450) (530) (329) (221) (109) (740) (690) (1,342) (293) (546) (1,416) (1,062) (70) (180) (318) (242) (3) (75) (318) (407) (573) (301) (56) (471) (153) (174) (343) (365) (413) (1,464) (27) (160) 113 (191) (99) (35) (83) (164) (164) (23.5) (0.0) (2.1) (26.6) 16.6 1.7 0.0 (3.3) (8.7) (2.0) 17.4 (30.8) (31) (6.6) 0 10.4 (13.9) (15.8) 0 57.3 0 57.3 0 0 0 0 0 0 0 0 128.6 (61.5) (137.3) (13.2) 89.4 (35.8) (59.7) (23.2)
Sales/Maturities of Investments 319 406 425 452 375 286 347 305 266 507 404 399 412 577 307 158 132 1,032 1,569 345 347 1,894 772 153 107 139 284 218 54 84 297 456 556 244 81 730 59 267 556 346 264 922 0 1,085 460 6 (1) 42 38 253 47 10.4 5.7 10.4 1 0.5 0 1.2 4.2 8.7 62.4 0 1 (1.4) 2.9 19.2 0.1 0 0.1 28.4 18.9 0 18.9 26.8 18 32.8 33.4 (12.3) (24.4) (12.5) 67.7 0 0 0 0 0 0 0 0
Other Investing Activities 38 54 14 3 (1) 51 21 7 0 (4) 12 3 (9) (1) 1 (1) 0 0 (121) 0 (83) (1) 137 (2) 3 0 1 0 (1) 1 (4) 1 (63) 0 14 11 (1) 17 110 0 (125) 1 7 (5) 18 214 (8) (59) (11) (17) 814.0 (5.6) (7.4) (9.0) 21.1 15.4 (12.7) (20.7) (9.5) (18.5) (3.0) (15.8) 32.7 (5.4) (27.4) 15.6 7.9 2.1 0.9 45.8 (9.5) (112.8) (2.8) (30.3) 7.5 3.8 6.8 2.2 55.4 (48.5) 44.9 (37.4) 3.8 (1) 2.2 (9.7) 19.4 (1) 3.4
Investing Cash Flow (501) (577) (9,344) (1,810) (533) (418) (520) (422) (378) (595) (591) (411) (304) (194) (406) (399) (310) (286) 485 (1,368) (477) 758 (1,092) (1,272) (288) (506) (405) (327) (131) (292) (308) (244) (236) (369) (276) (505) (291) (309) (118) (2,585) (349) (1,446) (756) (802) (161) (735) (872) (700) (650) (300) (300) (571.1) (399.3) (497.8) (522.4) (566.3) (562.9) (720.6) (625.4) (499.9) (403.8) (412.7) (424.4) (348.7) (316.2) (249.9) (312.7) (256.3) (190.7) (160.4) (155.1) (313) (103.4) (222.2) (150.3) (102) (103.9) (171.1) (125.1) (177) 25.3 (65.3) (154.2) (217.6) (92.8) (32.7) (103.5) (145) (72.9)
Financing Activities
Net Debt Issuance (1,998) (19) 5,202 (18) (778) (23) (475) (25) (22) (25) (531) (95) 2,534 463 4,671 (26) 4,191 (1,523) 1,957 975 1,445 (36) (1,046) (25) 2,477 1,284 174 (13) 1,634 684 (264) (8) (1,153) 952 (91) (16) (101) 483 (651) (11) 2,739 980 (8) (8) (52) (8) (8) (4) (60) (7) (18.5) (15.2) (72.6) (6.7) 47.7 393.0 (20.0) 490.1 141.2 495.4 (15.8) (45.8) (25.5) (20.9) 353.9 (13) (7) (3.7) 316.9 7.6 113.9 72.2 56.5 11.5 36.3 (36.7) 35.5 21.9 69.4 (1.2) (1.5) (2.4) (19.6) (17.9) (1.5) (9.4) 4.7 181.1 98.3
Stock Repurchased (363) 0 (98) (1) (112) (1,372) (751) (1,007) (923) (201) (1,581) (2,250) (2,106) (1,997) (3,999) (4,091) (4,037) (4,013) (2,825) (3,136) (3,038) (3,443) (562) 0 (966) (664) (879) (1,944) (826) (539) (652) (1,118) (728) (138) (551) (1,266) (1,237) (541) (600) (1,201) (1,253) (196) (164) (135) (712) (288) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (674) (673) (673) (645) (645) (650) (654) (629) (633) (632) (642) (624) (633) (643) (666) (524) (537) (551) (563) (430) (440) (452) (416) (416) (420) (423) (428) (382) (385) (387) (390) (338) (340) (341) (344) (299) (304) (306) (309) (251) (255) (47) (47) (31) (30) (24) (23) (24) (19) (20) (19.2) (15.6) (15.6) (15.5) (15.5) (15.5) (15.4) (13.4) (13.4) (13.4) (13.4) (13.4) (11.4) (11.4) (11.4) (10.6) (10.5) (10.5) (19.2) 0 (9.6) (9.6) (9.5) (9.5) (8.6) (8.6) (8) (8.1) (8) 0 0 (7.1) (14.4) 0 (5.9) (5.9) (6) (5.8) (5.9)
Other Financing Activities (12) (4) (25) (19) (20) 42 12 53 (5) 56 (3) 62 5 60 16 73 (3) 462 (33) (316) 13 44 (9) (1) 1 46 6 42 23 39 22 42 6 50 8 34 37 (72) 14 69 53 0 0 0 0 0 0 0 0 0 4.8 0 0 0 0 0 0 0 0 0 0 0 (0.1) 0.1 0 12.2 0 (0.1) 0 0 0 0.1 0 (0.1) 0 0.1 0 0.1 (0.1) (14.4) 0 (0.1) 0.1 0 0 0.1 0 (0.1) 0.1
Financing Cash Flow (3,045) (629) 4,418 (615) (1,553) (2,003) (1,868) (1,608) (1,568) (802) (2,757) (2,907) (200) (2,117) 22 (4,568) (386) (5,625) (1,464) (2,907) (2,020) (3,887) (2,033) (363) 1,092 243 (1,127) (2,297) 446 (203) (1,284) (1,422) (2,215) 523 (978) (1,547) (1,605) (436) (1,546) (1,394) 1,284 773 (75) (139) (742) (296) 6 10 (34) 1 1 (17.2) (44.3) 1.3 75.2 382.4 3.1 494.4 125.9 488.4 (24.2) (45.2) (34.2) (28.1) 700.9 (11.4) (17) (10.6) 302.6 7.7 104.3 62.7 47.1 1.9 27.7 (45.2) 27.5 13.9 61.3 (15.6) (1.5) (9.5) (34.2) 298.4 (6.7) (14.6) (1) 175.5 92.8
Cash Position
Net Change in Cash (196) 361 (4,239) 1,806 1,293 (1,510) (1,089) 1,123 2,316 (289) (2,284) 544 1,602 (1,844) 1,710 (1,932) 2,281 (4,988) 1,286 (1,857) 2,002 (3,559) (3,392) 5,686 5,239 (78) (1,002) (1,177) 2,462 (1,157) (583) 686 977 (155) (953) (267) 1,405 (402) (1,028) (2,573) 4,156 458 200 269 (395) 402 250 (354) (50) 747 747 (181.4) 11.2 676.7 188.3 (18.8) (370.7) 326.9 (441.5) 47.3 31.8 (132.3) (350.3) (74) 818.7 (94.3) 428.2 (110.3) (196) 166.6 7.5 (12.2) (7.1) 3.9 44.5 (3.4) (68.5) 16.6 (8.9) (48.2) (46) 76.6 (20.2) 193.2 (172.5) 64.3 (1) 65.9 (84.1)
Cash at Beginning 982 621 4,860 3,054 1,761 3,271 4,360 3,237 921 1,210 3,494 2,950 1,348 3,192 1,482 3,414 1,133 6,121 4,835 6,692 4,690 8,249 11,641 5,955 716 794 1,796 2,973 511 1,668 2,251 1,565 588 743 1,696 1,963 558 960 1,988 4,561 405 1,112 911 642 1,091 913 1,196 1,550 1,600 853 1,305.4 1,486.8 1,475.6 798.8 610.5 629.3 1,000.0 128.7 570.2 522.9 491.1 623.4 973.7 1,047.7 228.9 0 195.1 0 195.1 0 40.4 0 40.4 0 63.9 0 63.9 0 150.3 0 150.3 0 73.3 0 73.3 0 0 0 48.9
Cash at End 786 982 621 4,860 3,054 1,761 3,271 4,360 3,237 921 1,210 3,494 2,950 1,348 3,192 1,482 3,414 1,133 6,121 4,835 6,692 4,690 8,249 11,641 5,955 716 794 1,796 2,973 511 1,668 2,251 1,565 588 743 1,696 1,963 558 960 1,988 4,561 1,445 1,112 911 696 1,091 1,446 1,196 1,550 1,600 853 1,305.4 1,486.8 1,475.6 798.8 610.5 629.3 455.7 128.7 570.2 522.9 491.1 623.4 973.7 1,047.6 (94.3) 623.3 (110.3) (0.9) 166.6 47.9 (12.2) 33.3 3.9 108.4 (3.4) (4.6) 16.6 141.4 (48.2) 104.3 76.6 53.1 193.2 (99.2) 64.3 (1) 65.9 (35.2)
Free Cash Flow 2,829 964 90 3,736 2,861 363 728 2,727 3,880 488 485 3,477 1,726 (288) 1,723 2,691 2,634 337 1,856 2,036 4,031 (1,055) (729) 6,920 4,122 (372) 127 1,125 1,932 (933) 708 2,039 3,205 (643) (13) 1,505 3,093 1 311 1,126 3,012 222 288 573 (244) 641 357 (318) 16 654 (251.6) (133.0) 46.6 672.1 110.7 (445.3) (362.9) (164.3) (582.1) (447.2) (8.6) (88.7) (332.3) (25.8) 145.3 (117.7) (193.2) (89.6) 167 84.7 (172.8) 37.9 (57.7) 5.5 (121.7) 5.2 (23.2) 12.8 (138.3) 28.4 (120) (5.1) (80.6) 33.1 (2.5) (0.8) (66.7) (48.9) (94.8)
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 23,078 20,584 20,813 23,959 20,930 18,553 20,170 23,586 21,364 18,602 20,471 24,956 22,347 22,445 23,479 27,476 23,659 21,339 22,918 27,570 24,422 20,311 22,309 27,302 19,675 16,027 17,388 20,992 17,741 15,647 17,415 20,888 17,360 15,494 16,770 19,495 16,860 15,784 15,739 18,260 15,234 13,236 14,129 17,348 14,360 12,541 13,403 16,599 13,681 11,660 13,088 15,711 12,957 11,046 12,073 14,249 13,153 11,629 11,852 14,543 12,185 10,480 11,587 14,361 12,388 10,168 11,375 13,844 11,832 9,984 12,009 14,509 11,728 10,379 12,172 14,167 11,565 10,405 11,921 13,389 11,211 10,808 10,592 11,929 9,913 8,550 8,681 10,169 8,681 6,929 8,666 6,117.9 7,487.7 5,253.5 6,126.7 5,276.4 4,543.1 4,467.1 5,264.3 4,504.1
Gross Profit 7,543 8,060 6,641 7,644 6,540 5,652 6,363 7,472 6,662 5,584 6,457 7,972 7,112 6,835 7,367 8,684 7,605 6,590 7,162 8,903 7,739 6,065 6,945 8,977 6,187 4,643 5,330 6,429 5,279 4,530 4,954 6,549 5,399 4,859 5,355 6,313 5,435 5,058 5,029 5,922 5,407 4,588 5,012 5,981 4,990 4,347 4,758 5,735 4,718 4,042 4,555 5,397 4,481 3,785 4,564 4,834 4,143 3,979 4,319 5,016 4,037 3,726 4,358 5,006 4,061 3,554 4,196 4,823 3,890 3,368 4,166 4,982 3,985 3,621 4,259 4,883 3,964 3,687 4,169 4,478 3,865 3,753 3,415 4,037 3,595 2,990 2,870 3,389 3,051 2,258 2,647 1,936.0 2,202.0 1,565.7 1,717.7 1,590.9 1,291.6 1,248.3 1,452.2 1,299.6
Operating Income 2,554 1,709 2,481 3,469 2,494 1,750 2,482 3,404 2,653 1,766 2,696 3,886 3,186 4,205 924 4,229 3,302 1,849 2,789 4,210 3,245 1,727 2,476 4,395 2,312 1,143 1,611 2,381 1,417 1,010 957 2,393 1,465 1,098 1,547 2,382 1,559 1,269 939 2,051 1,586 439 1,328 1,972 1,597 819 1,088 1,819 1,066 627 924 1,616 981 564 799 1,293 953 587 443 1,419 826 542 731 1,419 868 339 605 1,292 838 329 1,124 1,566 1,048 699 1,080 1,686 1,239 996 1,204 1,550 1,403 1,165 1,091 1,402 1,006 847 881 1,188 787 680 1,004 563.4 792.4 377.1 564.2 398.2 263.4 348.1 468.6 322.1
Net Income 1,628 999 1,616 2,398 1,641 1,124 1,695 2,383 1,755 1,020 1,773 2,673 2,260 958 154 2,992 2,333 1,206 1,896 3,018 2,321 978 692 2,828 1,337 509 1,049 1,676 1,046 (824) 629 1,520 988 554 872 1,419 602 663 378 1,167 884 11 736 1,126 673 450 585 1,039 624 306 499 941 540 288 396 747 527 322 225 830 461 285 404 832 489 205 344 759 476 162 488 938 607 408 643 1,019 739 613 716 935 841 694 649 838 590 495 516 704 455 408 597 318.9 467.1 218.4 329.1 225.3 140.8 202.3 279.6 187.1
EPS (Diluted) 2.90 1.78 2.88 4.27 2.92 2.00 2.99 4.17 3.06 1.77 3.07 4.56 3.78 1.58 0.25 4.67 3.51 1.78 2.73 4.25 3.21 1.32 0.91 3.74 1.76 0.66 1.36 2.14 1.31 -1.03 0.78 1.86 1.19 0.67 1.05 1.68 0.70 0.74 0.43 1.31 0.98 0.01 0.80 1.20 0.70 0.46 0.59 1.04 0.61 0.29 0.47 0.88 0.49 0.26 0.35 0.64 0.43 0.26 0.18 0.64 0.34 0.21 0.29 0.58 0.34 0.14 0.23 0.51 0.32 0.11 0.33 0.63 0.41 0.28 0.43 0.67 0.48 0.40 0.46 0.60 0.53 0.43 0.40 0.52 0.37 0.31 0.33 0.44 0.28 0.85 0.38 0.20 0.30 0.14 0.21 0.14 0.09 0.13 0.18 0.12
Balance Sheet
Cash & Equivalents 786 982 621 4,860 3,054 1,761 3,271 4,360 3,237 921 1,210 3,494 2,950 1,348 3,192 1,482 3,414 1,133 6,121 4,835 6,692 4,690 8,249 11,641 5,955 716 794 1,796 2,973 511 1,668 2,251 1,565 588 743 1,696 1,963 558 960 1,988 4,561 1,191 2,677 632 1,087 682 336 840 1,848 913 1,550 1,600 853 1,305.4 610.5 629.3 1,000.0 455.7 128.7 570.2 522.9 491.1 623.4 973.7 1,047.6 228.9 317 513.2 623.4 195.1 28.5 35.7 47.9 40.4 36.4 105 108.4 63.9 47.2 93.3 141.5 150.3 73.8 246.2 53 73.3 9 93.1 27.1
Total Assets 54,941 54,144 53,453 46,614 45,372 44,573 44,743 44,934 45,365 43,356 42,519 44,521 45,917 45,273 46,973 46,725 49,725 46,330 49,400 49,404 51,200 48,290 50,880 51,763 45,832 40,990 39,764 40,695 43,219 34,641 36,713 37,105 38,237 35,291 36,783 36,668 37,613 34,408 35,370 36,471 37,177 34,633 37,414 33,005 34,182 34,209 30,189 19,732 20,778 19,042 18,074 17,900 16,109 15,811.2 13,532.0 12,867.4 13,059.7 11,375.8 10,674.8 10,249.3 9,935.2 9,012.3 8,859.8 8,618.5 8,588 6,344.7 6,373.7 6,161.7 6,115.9 5,219.3 5,173.5 4,935.8 4,749.3 4,435 4,239.8 4,031.7 3,903.1 3,556.4 3,523.6 3,253.9 3,218.7 3,106 2,897.3 2,769.8 2,385.7 2,201.6 2,091.1 2,011.1 1,761.8
Total Debt 42,540 44,677 44,696 39,060 38,955 39,678 39,720 40,239 40,227 40,145 40,053 40,576 40,528 37,994 38,212 33,605 33,597 29,384 30,942 28,709 27,720 26,211 26,231 26,185 26,225 23,750 22,287 22,094 22,114 16,223 15,577 15,831 15,844 16,995 16,038 16,084 16,065 15,699 15,195 15,811 15,405 5,570 6,067 5,080 5,076 5,075 5,631 3,698 3,746 3,755 3,757 3,813 3,815 3,828.0 3,837.5 3,435.6 3,443.1 2,989.8 2,500.4 2,358.9 1,863.3 1,879.0 1,924.8 1,957.8 3,437.7 1,474.6 1,454.1 1,457.1 1,446.9 1,156.2 1,147 1,030.4 952.6 870.8 818.4 728.4 966.7 896.9 854.4 747.5 722.3 710 628.3 628.9 605.7 644.1 572.8 581 436.8
Stockholders' Equity (9,270) (9,917) (10,382) (11,400) (13,254) (14,231) (13,419) (13,763) (14,606) (15,050) (15,147) (14,732) (14,710) (14,254) (12,868) (8,442) (6,877) (4,816) (1,576) (175) 445 1,437 4,073 4,356 1,716 1,972 2,458 2,640 3,236 3,644 5,394 5,781 5,745 5,873 5,742 5,536 5,531 6,434 6,599 6,913 7,212 19,213 19,019 19,069 19,176 18,437 16,054 10,547 10,506 10,309 9,373 8,735 8,302 7,957.7 6,419.3 6,153.3 5,767.9 5,494.9 5,346.2 5,151.9 4,877.0 4,695.5 4,545.7 4,347.8 4,091.6 3,136 3,028.2 2,902 2,712.8 2,600.6 2,535.8 2,432.9 2,288.6 2,217.5 2,170.8 2,087.6 1,707.5 1,656.7 1,626.7 1,578.4 1,484.8 1,419.9 1,378.7 1,320.7 928.3 873.7 853 814.7 764.4
Cash Flow
Operating Cash Flow 3,350 1,567 687 4,231 3,379 911 1,299 3,153 4,262 1,108 1,064 3,862 2,106 451 2,126 3,035 2,977 934 2,266 2,421 4,492 (436) (267) 7,302 4,450 185 528 1,446 2,137 (605) 1,011 2,358 3,429 (307) 298 1,779 3,295 348 641 1,408 3,220 1,134 1,029 1,197 508 1,209 1,116 336 634 1,046 661.0 406.9 454.9 1,173.2 635.5 165.2 189.1 553.1 58.1 58.7 459.8 325.7 108.3 302.8 434.1 167 78.4 154.9 344.7 319.3 43.7 238.1 63.8 224.2 54.1 143.8 120.9 173.8 17.8 144.4 (32.7) 151.4 15.9 112.4 79.3 111.6 20.4 35.4 (41.7)
Capital Expenditure (521) (603) (597) (495) (518) (548) (571) (426) (382) (620) (579) (385) (380) (739) (403) (344) (343) (597) (410) (385) (461) (619) (462) (382) (328) (557) (401) (321) (205) (328) (303) (319) (224) (336) (311) (274) (202) (347) (330) (282) (208) (912) (741) (624) (752) (568) (759) (654) (619) (391) (912.6) (539.9) (408.3) (501.2) (524.7) (610.5) (552.0) (717.5) (640.1) (505.9) (468.4) (414.3) (440.6) (328.6) (288.8) (284.7) (271.6) (244.5) (177.7) (234.6) (216.5) (200.2) (121.5) (218.7) (175.8) (138.6) (144.1) (161) (156.1) (116) (87.3) (156.5) (96.5) (79.3) (81.8) (112.4) (87.1) (84.3) (53.1)
Free Cash Flow 2,829 964 90 3,736 2,861 363 728 2,727 3,880 488 485 3,477 1,726 (288) 1,723 2,691 2,634 337 1,856 2,036 4,031 (1,055) (729) 6,920 4,122 (372) 127 1,125 1,932 (933) 708 2,039 3,205 (643) (13) 1,505 3,093 1 311 1,126 3,012 222 288 573 (244) 641 357 (318) 16 654 (251.6) (133.0) 46.6 672.1 110.7 (445.3) (362.9) (164.3) (582.1) (447.2) (8.6) (88.7) (332.3) (25.8) 145.3 (117.7) (193.2) (89.6) 167 84.7 (172.8) 37.9 (57.7) 5.5 (121.7) 5.2 (23.2) 12.8 (138.3) 28.4 (120) (5.1) (80.6) 33.1 (2.5) (0.8) (66.7) (48.9) (94.8)