Masco Corporation logo MAS - Masco Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 21
HOLD 15
SELL 2
STRONG
SELL 0
| PRICE TARGET: $82.60 DETAILS
HIGH: $97.00
LOW: $72.00
MEDIAN: $79.00
CONSENSUS: $82.60
UPSIDE: 22.81%
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 1,918 1,793 1,917 2,051 1,801 1,828 1,983 2,091 1,926 1,882 1,979 2,127 1,979 1,923 2,204 2,352 2,201 2,022 2,204 2,179 1,970 1,860 1,983 1,764 1,581 1,639 1,716 1,839 1,513 911 1,904 2,297 1,920 1,874 1,936 2,057 1,777 1,759 1,877 2,001 1,720 1,715 1,839 1,929 2,018 2,064 2,232 2,260 1,965 1,998 2,150 2,149 1,876 1,890 1,976 2,004 1,875 1,667 2,006 2,022 1,772 1,735 1,957 2,048 1,852 1,869 2,094 2,036 1,819 1,979 2,528 2,640 2,446 2,698 3,059 3,148 2,881 2,946 3,295 3,389 3,186 2,965 3,360 3,348 2,969 3,034 3,173 3,061 2,806 2,862.2 2,787.7 2,487.4 2,314 2,115 2,085 1,911 1,733 1,893 1,871 1,746
Cost of Revenue 1,232 1,189 1,261 1,278 1,157 1,191 1,258 1,306 1,241 1,221 1,235 1,358 1,310 1,378 1,509 1,583 1,497 1,403 1,451 1,388 1,270 1,200 1,231 1,136 1,034 1,074 1,105 1,166 991 495 1,281 1,547 1,301 1,258 1,288 1,320 1,169 1,186 1,264 1,301 1,151 1,183 1,250 1,292 1,450 1,496 1,621 1,599 1,418 1,467 1,543 1,540 1,368 1,444 1,476 1,479 1,390 1,335 1,511 1,490 1,347 1,427 1,463 1,502 1,360 1,382 1,524 1,490 1,403 1,581 1,880 1,941 1,818 2,008 2,197 2,241 2,125 2,203 2,372 2,403 2,306 2,146 2,396 2,363 2,128 2,132 2,182 2,087 1,955 1,982.3 1,934.4 1,729.8 1,549.7 1,509.9 1,429.1 1,337.5 1,187.5 1,215.9 1,196.7 1,125.9
Gross Profit 686 604 656 773 644 637 725 785 685 661 744 769 669 545 695 769 704 619 753 791 700 660 752 628 547 565 611 673 522 416 623 750 619 616 657 746 608 573 613 700 569 532 589 637 568 568 611 661 547 531 607 609 508 446 500 525 485 332 495 532 425 308 494 546 492 487 570 546 416 398 648 699 628 690 862 907 756 743 923 986 880 819 964 985 841 902 991 974 851 879.9 853.3 757.5 764.4 605.1 655.9 573.5 545.5 677.1 674.3 620.1
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 369 346 353 361 358 345 368 388 367 388 361 366 354 334 344 361 351 356 368 354 335 353 328 289 322 310 322 326 316 209 337 392 375 352 348 374 353 358 344 365 335 320 331 358 330 382 341 354 395 390 395 421 376 375 391 392 377 347 380 431 399 385 392 427 414 421 429 427 415 422 454 485 476 500 488 530 484 492 520 525 519 458 486 508 500 520 502 504 485 484.5 433 402.5 369.2 368.3 333.4 333.7 168.2 359.2 309.6 337.4
Other Expenses 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 (8) 0 0 0 0 0 0 0 45 1 75 (2) 494 1 5 0 721 0 0 0 262 0 0 0 467 0 0 0 227 0 0 0 320 0 10 0 69 (1) (3) (2) 168 (2) (7) (21) 141.1 0 (34.8) 0 23.2 23.1 23 190.5 17.7 15.9 14.2
Operating Expenses 370 346 353 361 358 345 368 388 367 388 361 366 354 334 344 361 351 356 368 354 335 353 328 289 322 310 322 326 316 209 337 392 375 352 348 374 353 358 344 365 335 320 331 358 330 374 341 354 395 390 395 421 376 420 392 467 375 841 381 436 399 1,106 392 427 414 683 429 427 415 889 454 485 476 727 488 530 484 812 520 535 519 527 485 505 498 688 500 497 464 625.6 433 367.6 369.2 391.5 356.5 356.7 358.8 376.9 325.5 351.6
Operating Income
Operating Income 316 258 303 412 286 292 357 397 318 273 383 403 315 211 351 408 353 263 385 437 365 307 424 339 225 255 289 347 206 207 286 358 244 264 309 372 255 215 269 335 234 212 258 279 165 194 181 221 152 141 212 188 132 21 108 54 109 (509) 114 96 26 (798) 102 119 78 (196) 138 116 (2) (491) 194 215 154 (37) 374 361 252 (69) 399 441 355 292 455 463 343 214 491 477 387 254.2 374 389.9 395.1 213.6 272.5 216.8 186.7 300.2 301.3 268.5
Interest Expense 26 24 25 26 26 24 25 26 25 24 26 28 28 26 29 28 25 25 26 25 202 34 40 35 35 40 39 41 39 39 38 38 41 39 43 153 43 43 43 87 56 54 54 61 56 56 57 56 56 57 58 60 60 60 62 68 64 64 63 64 63 63 63 67 58 56 56 57 56 0 59 57 56 0 0 0 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 0 0 0 0 0 4 3 1 1 0 1 1 0 1 0 0 0 1 0 1 1 1 1 0 1 2 1 0 2 1 1 1 1 1 1 1 1 1 1 1 0 2 1 0 1 2 1 1 1 6 1 2 2 0 1 0 0 (1) 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
Profitability
EBITDA 316 290 339 441 314 320 310 430 351 300 409 437 348 220 373 461 387 253 404 57 236 343 447 370 242 292 313 386 232 246 327 390 275 257 338 448 287 250 304 340 233 214 252 282 166 196 188 227 149 127 218 192 145 23 113 56 124 (506) 136 128 47 (790) 101 83 80 (189) 145 124 (5) (548) 197 216 126 (37) 374 361 252 (69) 399 441 355 292 455 463 343 214 491 477 387 254.2 374 389.9 395.1 413.1 295.6 239.8 377.2 317.9 317.2 282.7
EBIT 316 251 301 405 279 283 273 392 313 258 372 402 313 185 339 425 352 217 368 22 193 309 414 337 209 257 280 344 192 205 286 350 241 200 307 415 256 216 270 340 233 214 252 282 166 196 188 227 149 127 218 192 145 23 113 56 124 (506) 136 128 47 (790) 101 83 80 (189) 145 124 (5) (548) 197 216 126 (37) 374 361 252 (69) 399 441 355 292 455 463 343 214 491 477 387 254.2 374 389.9 395.1 213.6 272.5 216.8 186.7 300.2 301.3 268.5
Income Before Tax 291 227 276 378 254 258 248 366 289 233 346 374 285 159 310 397 327 192 342 (3) 157 275 380 302 174 217 241 303 153 166 248 312 200 161 264 262 213 173 227 253 177 160 198 221 116 140 152 190 93 70 154 131 79 (37) 45 (19) 53 (570) 61 58 (21) (853) 38 16 22 (245) 89 63 (66) (579) 139 159 76 (96) 329 301 236 (122) 356 345 327 250 409 432 321 206 460 466 386 196.9 355.4 299.5 324.7 191.5 214 177 25.5 297.5 294.4 276
Income Tax Expense 63 51 76 95 56 65 68 94 60 32 86 96 64 33 77 103 75 52 103 12 43 67 87 82 33 49 66 80 35 33 67 88 39 62 100 86 63 67 81 90 58 74 77 102 43 28 (403) 37 5 20 38 39 14 35 14 30 0 (112) 12 38 13 172 31 4 18 (84) 26 1 8 (75) 92 75 40 34 109 108 85 58 124 120 113 120 141 153 104 95 167 167 140 99.3 123.7 104.7 110.4 64 75 62 (19.4) 110.1 109 102
Net Income 213 165 189 270 186 182 167 258 215 191 249 263 205 114 220 276 234 135 219 (36) 88 194 274 222 (59) 85 195 238 115 192 179 210 148 86 151 161 139 97 132 150 109 75 111 105 64 100 543 139 74 45 103 77 56 (87) 15 (75) 33 (573) 36 8 (46) (1,034) (5) 3 (7) (185) 28 63 (81) (508) 33 82 2 (151) 205 189 143 (187) 252 219 204 173 262 274 231 105 359 261 168 91.9 229.6 194.8 214.3 127.5 139 115 44.9 187.4 185.4 174
Per Share Data
EPS (Basic) 1.05 0.80 0.90 1.29 0.88 0.86 0.77 1.18 0.97 0.87 1.11 1.17 0.91 0.51 0.96 1.20 0.98 0.55 0.89 -0.14 0.34 0.76 1.05 0.85 1.93 0.55 0.44 0.82 0.39 0.66 0.59 0.69 0.48 0.28 0.48 0.51 0.43 0.31 0.41 0.45 0.33 0.23 0.33 0.30 0.18 0.29 1.52 0.39 0.21 0.13 0.29 0.22 0.16 -0.26 0.04 -0.22 0.09 -1.65 0.10 0.02 -0.13 -2.98 -0.01 0.01 -0.02 -0.53 0.08 0.16 -0.23 -1.45 0.09 0.23 0.01 -0.43 0.56 0.51 0.37 -0.49 0.65 0.55 0.50 0.42 0.62 0.65 0.53 0.24 0.82 0.59 0.37 0.20 0.48 0.40 0.45 0.27 0.31 0.25 0.10 0.42 0.42 0.40
EPS (Diluted) 1.05 0.80 0.90 1.28 0.87 0.85 0.77 1.17 0.97 0.85 1.10 1.16 0.90 0.50 0.96 1.19 0.97 0.55 0.89 -0.14 0.34 0.74 1.05 0.85 1.92 0.55 0.44 0.82 0.39 0.64 0.58 0.68 0.47 0.27 0.48 0.51 0.43 0.30 0.40 0.45 0.32 0.22 0.32 0.30 0.18 0.28 1.51 0.39 0.21 0.12 0.29 0.21 0.13 -0.26 0.04 -0.22 0.09 -1.64 0.10 0.02 -0.13 -2.98 -0.01 0.01 -0.02 -0.53 0.08 0.15 -0.23 -1.45 0.09 0.23 0.01 -0.43 0.56 0.51 0.37 -0.48 0.64 0.54 0.50 0.42 0.61 0.64 0.52 0.24 0.80 0.58 0.36 0.20 0.46 0.40 0.43 0.27 0.30 0.25 0.10 0.41 0.41 0.39
Shares Outstanding 202.9 207 210 210 212 212.5 215.7 219 221 220.6 225 225 226 225.3 226 231 239 241.2 246 252 256 258.2 261 262 273 275.6 286 289 293 293.9 304 306 310.5 310.4 313 315 317 318 326 328 330 330.5 335 340 344 345 350 349 351 349.5 349.4 349.2 349.1 349 350 349 350 348 347.8 347.5 347.5 347.5 348.4 350 348.1 348.1 351 351 351 350 352 354 356 354.5 366.1 370.6 386.5 384.8 387.7 398.2 408 408 422.6 421.5 435.8 435.8 437.8 442.4 454.1 454.1 477.1 487.6 476.2 459.1 451 460 443.4 446.2 441.5 435
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 388 647 559 390 377 634 646 398 368 634 560 380 510 452 464 440 479 926 854 769 838 1,326 1,326 1,089 767 697 475 325 316 559 569 384 370 1,194 1,141 992 689 990 1,041 956 2,175 1,384 1,378 1,413 926 813 690 527 624 795 785.4 748.5 1,066.6 600.1 146.3 106.5 89.4 169.4 181.2 122.8 74.2 230.8 145.5 78.4 328.2 541.7 442.9 416.6 174.9 441.3 379 333.2 327.6 473.7 196.5 73 45.7 60.5 73.1 65.8 55.2 61.2 79.5 58.5 45.9 120 148.1 49.7 49.6
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 99 108 77 144 194 201 182 135 195 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,320 1,028 1,181 1,318 1,258 1,035 1,152 1,314 1,310 1,090 1,245 1,371 1,329 1,149 1,330 1,434 1,502 1,171 1,330 1,352 1,305 1,138 1,262 1,308 1,142 997 1,177 1,423 1,321 990 1,298 1,444 1,356 1,066 1,128 1,231 1,144 917 1,054 1,113 1,036 1,157 1,147 983 1,236 1,138 1,762 1,929 1,820 1,674 1,776.0 1,683.7 1,546 1,715.1 1,319.5 1,336.8 1,287.7 1,099.2 1,182.4 1,192.8 1,166.9 1,002.6 1,124.9 845.4 786.2 800.3 734.7 674.9 679.4 559.1 584.5 537.5 518.4 466.9 526 492.6 489.7 439.9 824.3 792.6 809.6 755.1 739.1 716.6 706.7 615 641.1 620.9 622.1
Inventory 1,068 1,046 1,069 1,097 1,047 938 1,013 1,057 1,059 1,022 1,046 1,144 1,196 1,236 1,339 1,354 1,340 1,216 1,107 1,021 948 876 811 750 756 754 924 975 1,011 946 1,005 1,017 1,050 796 866 850 826 712 758 765 755 840 805 743 886 901 1,207 1,134 1,033 1,019 1,161.8 1,123.2 1,055.6 994.6 1,001.5 1,023.2 988.6 913.0 912.5 938.5 884 769.9 777.6 626.8 572.2 559 550.7 560.9 543.9 515 496.9 448.3 424.7 411.9 417 399.4 389.4 391.8 999.5 1,037.8 1,007.4 948.8 929.3 900 863 824.1 845.4 826.1 795.3
Other Current Assets 0 119 150 120 116 123 154 129 113 110 113 112 113 109 0 0 0 0 0 0 18 0 0 0 0 173 111 0 0 342 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 126.6 130.3 114.8 113.5 106.5 112.3 71.4 61 81.6 111.3 143.6 119.3 111.3 108.6 91.8 91.4 77.3 72.7 73 66.3 72.3 136.5 132 121 126.3 80.2 79.5 69.9 84.7 73.3 75.6 82.9
Total Current Assets 2,895 2,840 2,959 2,925 2,798 2,730 2,965 2,898 2,850 2,856 2,964 3,007 3,148 2,946 3,264 3,359 3,428 3,422 3,404 3,259 3,206 3,489 3,487 3,225 2,745 2,711 2,792 2,843 2,758 2,766 2,990 2,962 2,993 3,215 3,308 3,306 2,958 2,934 3,122 3,057 4,248 3,678 3,640 3,451 3,394 3,178 3,979 3,867 3,747 3,804 3,986.4 3,827.9 3,949.8 3,497.6 2,617.0 2,616.9 2,508.7 2,308.2 2,406.3 2,369.0 2,238.6 2,109.8 2,160.3 1,622 1,747.6 1,862.6 1,839.6 1,796 1,517.5 1,626.7 1,569 1,410.8 1,362.1 1,429.8 1,212.2 1,038 991.1 964.5 2,033.4 2,028.2 1,993.2 1,891.4 1,828.1 1,754.6 1,685.5 1,643.8 1,707.9 1,572.3 1,549.9
Non-Current Assets
Property, Plant & Equipment 1,183 1,428 1,420 1,418 1,370 1,347 1,363 1,370 1,373 1,390 1,347 1,327 1,285 1,241 1,165 1,082 1,087 1,083 1,058 1,065 1,067 1,074 1,034 1,024 1,032 1,054 1,200 1,440 1,447 1,223 1,211 1,187 1,183 1,129 1,097 1,080 1,074 1,060 1,049 1,039 1,040 1,851 1,920 1,981 2,066 2,076 2,351 2,165 2,153 2,339 2,424.6 2,364.9 2,315.1 2,120.6 2,006.2 1,949.6 1,924.8 1,906.8 1,827.3 1,798.0 1,750.4 1,624.4 1,580 1,253.9 1,183.4 1,164.3 1,119.6 1,073.2 1,073.9 1,037.3 1,004.2 949.7 939.1 940.6 906.5 884.1 865.3 856.7 1,323.7 1,307.9 1,268.9 1,231.8 1,173.1 1,158.5 1,121.9 1,095.2 1,058.6 1,049.9 1,033.9
Goodwill 618 623 622 621 605 597 610 600 597 603 593 540 540 537 544 554 565 568 617 592 588 563 528 521 518 509 687 891 889 898 896 890 891 841 801 797 835 832 841 840 844 3,077 3,095 3,108 3,378 3,361 4,108 0 0 0 0 0 0 4,138.2 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
Intangible Assets 198 205 213 219 218 220 230 359 367 377 395 337 344 350 359 369 379 388 395 372 378 357 253 259 264 259 264 387 392 406 412 417 429 187 156 156 154 154 155 156 158 283 286 290 295 296 371 4,777 4,755 4,835 4,855.8 4,698.0 4,651.0 354.8 3,516.6 2,745.5 2,666.1 2,190.8 2,148.5 2,172.6 1,876.8 1,742.9 1,734.6 1,342.2 1,066.1 1,036.3 974.6 918.3 856.4 729.2 733.1 505.3 472.1 457.4 456.4 414.7 343.2 343.5 753.4 760.9 708.2 706.2 608.4 610 605.5 605.2 611 617.5 621.4
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 22 0 0 0 25 0 0 0 157 0 0 0 11 0 0 0 12 0 0 0 13 0 0 0 18 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 338 105 97 105 116 123 128 138 149 139 72 97 113 31 85 103 109 32 121 135 335 28 273 273 281 384 577 92 116 46 101 109 134 55 121 150 118 71 206 232 264 302 345 345 354 358 523 1,468 1,594 1,171 1,013.2 1,079.4 1,134.6 1,322.8 1,073.4 1,513.0 1,474.0 1,338.2 1,502.9 1,411.0 1,341.8 1,157.8 1,172.8 1,177.8 1,147.5 1,104.2 1,082.4 979.4 934.1 940.6 917.3 930.5 910.8 873.9 914.7 1,582 1,603.4 1,613.9 597.3 601.5 572.4 560.6 754.6 752.6 715 676.9 769.9 778.8 770.9
Total Non-Current Assets 2,337 2,361 2,352 2,363 2,309 2,287 2,331 2,467 2,486 2,509 2,407 2,301 2,282 2,241 2,153 2,108 2,140 2,153 2,191 2,164 2,368 2,288 2,088 2,077 2,095 2,316 2,728 2,810 2,844 2,627 2,620 2,603 2,637 2,273 2,175 2,183 2,181 2,203 2,251 2,267 2,306 5,513 5,646 5,724 6,093 6,091 7,353 8,410 8,502 8,345 8,293.6 8,142.4 8,100.7 7,936.4 6,596.2 6,208.1 6,064.9 5,435.8 5,478.7 5,381.6 4,969.0 4,525.1 4,487.4 3,773.9 3,397 3,304.8 3,176.6 2,970.9 2,864.4 2,707.1 2,654.6 2,385.5 2,322 2,271.9 2,277.6 2,880.8 2,811.9 2,814.1 2,674.4 2,670.3 2,549.5 2,498.6 2,536.1 2,521.1 2,442.4 2,377.3 2,439.5 2,446.2 2,426.2
Total Assets 5,233 5,201 5,311 5,288 5,107 5,016 5,296 5,365 5,336 5,363 5,371 5,308 5,430 5,187 5,417 5,467 5,568 5,575 5,595 5,423 5,574 5,777 5,575 5,302 4,840 5,027 5,520 5,653 5,602 5,393 5,610 5,565 5,630 5,488 5,483 5,489 5,139 5,137 5,373 5,324 6,554 9,191 9,286 9,175 9,487 9,269 11,332 12,277 12,249 12,149 12,280.0 11,970.3 12,050.4 11,434.0 9,213.2 8,825.0 8,573.6 7,744 7,885.1 7,750.5 7,207.5 6,634.9 6,647.7 5,395.9 5,144.6 5,167.4 5,016.2 4,766.9 4,381.9 4,333.8 4,223.6 3,796.3 3,684.1 3,701.7 3,489.8 3,918.8 3,803 3,778.6 4,707.8 4,698.5 4,542.7 4,390 4,364.2 4,275.7 4,127.9 4,021.1 4,147.4 4,018.5 3,976.1
Current Liabilities
Account Payables 894 810 842 871 868 789 874 924 899 840 844 958 913 877 1,048 1,128 1,114 1,045 1,037 1,021 925 893 933 845 743 697 879 1,023 954 926 1,040 1,093 1,008 824 916 960 903 800 866 913 834 729 673 578 637 603 839 869 808 715 676.5 657.1 542 565.0 286.4 313.3 279.3 250.5 254.3 269.8 272.4 243.8 255.4 186.6 157.5 196.9 155.2 156.8 157.4 166.3 140.9 129.6 128.9 149.5 114.4 118.9 107.1 125.2 196.3 190.6 189.9 201.3 172.6 165.4 160 161.2 138.9 139.5 141.2
Short-Term Debt 129 49 2 48 133 3 3 3 52 3 66 79 413 205 405 508 273 10 10 10 6 3 5 407 5 2 208 231 295 8 2 2 116 116 117 117 3 2 3 3 1,303 66 66 364 370 369 24 136 313 334 809.0 301.1 321 311.6 194.9 208.9 216.6 210.9 888.5 890.2 363.2 62.3 147.4 253 257.4 254 261.1 24.5 25.8 68.5 84.3 11.3 6.6 7.6 8.3 23.2 18.4 25.7 56.4 73.2 93 48.4 43.4 31.5 44 33.2 129.5 124.5 105
Deferred Revenue 0 57 0 0 0 45 0 0 0 45 0 0 0 61 0 0 0 67 0 0 0 62 0 0 0 40 0 0 0 39 0 0 0 32 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 438 0 0 0 79 (1) 0 0 83 0 0 0 61 0 0 0 76 0 0 14 182 0 0 0 190 140 0 0 335 0 0 0 50 0 0 0 52 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1) 0 0 0 0 616.6 715.2 621.5 593.6 540.3 567.5 479.4 442.6 470.1 456.9 384.6 366.7 385.2 416.4 369.4 344.2 361.3 374.9 334.7 295.4 295 382 361.2 384.8 351.6 355.2 316.9 305.7 296 302.7 263.9 271.3
Total Current Liabilities 1,653 1,573 1,576 1,609 1,603 1,560 1,618 1,645 1,641 1,695 1,662 1,749 2,018 1,889 2,224 2,467 2,136 1,939 1,879 1,778 1,748 1,934 1,737 2,154 1,504 1,548 1,909 1,953 1,929 1,684 1,753 1,770 1,770 1,628 1,708 1,692 1,424 1,460 1,511 1,632 2,789 1,618 1,516 1,781 1,869 1,793 2,012 2,050 2,107 2,099 2,638.1 1,946.8 1,932.5 1,887.3 1,164.7 1,184.4 1,099.6 1,078.0 1,858.0 1,781.5 1,229.3 846.4 970.3 919 857.5 846.6 873.2 565.9 549.9 620 641.6 510.3 479.7 518.4 497.6 476.8 420.9 445.9 634.7 625 667.7 601.3 571.2 513.8 509.7 490.4 571.1 527.9 517.5
Non-Current Liabilities
Long-Term Debt 2,945 3,154 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,946 2,946 2,946 2,946 2,946 2,946 2,946 2,946 2,949 2,950 2,950 2,955 2,792 2,787 2,372 2,771 2,771 2,771 2,771 2,771 2,971 2,971 2,970 2,971 2,969 2,969 2,967 2,996 2,995 2,993 2,993 2,993 4,038 4,100 3,604 3,610 3,611 4,043 4,297 4,197 3,848 3,816.7 4,321.8 4,316.5 3,964.3 3,823.1 3,685.8 3,604.8 3,018.2 2,277.0 2,346.7 2,431.7 2,431.3 2,420.4 1,506.8 1,350.2 1,391.4 1,293 1,417.9 1,162.1 1,321.5 1,321.3 1,228.7 1,216.2 1,236.3 1,102 1,622 1,594.9 1,577.1 1,656 1,684.3 1,572 1,592.6 1,447.5 1,477.4 1,417.8 1,418.3 1,479.7 1,415.9 1,421.4
Deferred Tax Liabilities 0 95 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 927 967 973 1,003 999 1,074 812 719 672 517.5 502.6 508 246.8 118.8 226.3 193.8 221.7 233.4 230.7 228.6 220.7 213.9 204.6 191.4 230.2 186.2 180.8 181.2 163.3 116.7 105.4 101.7 107.1 113.1 106.4 103 100.3 90.8 88.3 85.9 83.5 120.7 117.5 114 113.9 130.2 125.7 123.5
Other Non-Current Liabilities 0 71 396 354 337 341 361 348 341 348 336 333 332 339 410 410 407 437 485 458 472 481 567 589 573 602 817 858 860 669 679 699 706 715 746 760 778 785 766 629 688 0 0 0 0 0 0 98 99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 (0.1) (0.1) 0 0 (0.1) 0.1 (0.1) 0.1 (0.1) 0.1 0 (0.1) 0 0 0 (0.1) 0 0 0 0.1 (0.1) 0 0
Total Non-Current Liabilities 3,173 3,553 3,567 3,530 3,510 3,509 3,536 3,538 3,538 3,552 3,542 3,531 3,532 3,540 3,609 3,541 3,532 3,558 3,590 3,560 3,584 3,422 3,497 3,111 3,501 3,535 3,588 3,629 3,631 3,640 3,650 3,669 3,677 3,684 3,715 3,727 3,774 3,780 3,759 3,622 3,681 4,965 5,067 4,577 4,613 4,610 5,117 5,207 5,015 4,520 4,334.3 4,824.4 4,824 4,211.1 3,941.9 3,912.1 3,798.6 3,239.9 2,510.5 2,577.4 2,660.3 2,652 2,634.3 1,711.4 1,541.6 1,868.6 1,479.1 1,598.6 1,343.3 1,484.8 1,437.9 1,334.2 1,317.8 1,343.5 1,215 1,728.5 1,697.9 1,677.3 1,746.8 1,772.6 1,657.9 1,676 1,568.2 1,594.9 1,531.8 1,532.3 1,609.8 1,541.6 1,544.9
Total Liabilities 5,206 5,126 5,143 5,139 5,113 5,069 5,154 5,183 5,179 5,247 5,204 5,280 5,550 5,429 5,833 6,008 5,668 5,497 5,469 5,338 5,332 5,356 5,234 5,265 5,005 5,083 5,497 5,582 5,560 5,324 5,403 5,439 5,447 5,351 5,423 5,419 5,198 5,240 5,270 5,254 6,470 6,583 6,583 6,358 6,482 6,403 7,129 7,257 7,122 6,717 6,972.4 6,771.2 6,756 6,098.4 5,106.5 5,096.5 4,898.2 4,317.9 4,368.5 4,359.0 3,889.6 3,498.4 3,604.6 2,630.4 2,399.1 2,844.9 2,352.3 2,164.5 1,893.2 2,104.8 2,079.5 1,844.5 1,797.5 1,861.9 1,712.6 2,205.3 2,118.8 2,123.2 2,381.5 2,397.6 2,325.6 2,277.3 2,139.4 2,108.7 2,041.5 2,022.7 2,180.9 2,069.5 2,062.4
Stockholders' Equity
Common Stock 202 204 208 209 211 212 216 218 220 221 224 225 225 225 225 225 236 241 243 247 253 258 261 260 263 276 284 287 291 294 303 305 308 310 311 315 316 318 325 326 329 348 348 350 350 350 361 434 443 458 470.4 478.6 488.9 493.2 458.8 459.9 459.8 444.8 453.2 448.7 447.6 443.5 443.2 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
Retained Earnings (722) (688) (576) (583) (693) (693) (551) (467) (527) (596) (507) (671) (847) (947) (998) (1,154) (833) (652) (595) (640) (116) 79 15 (223) (412) (332) (309) (261) (314) (278) (154) (221) (296) (298) (343) (288) (370) (381) (253) (273) (310) 1,814 1,837 1,871 2,082 2,054 3,216 3,583 3,394 3,299 3,041.3 2,879.8 2,783 2,659.5 2,469.2 2,652.4 2,573.2 2,519.9 2,529.2 2,403.2 2,271.7 2,151.5 2,038.5 2,300.5 2,198.9 1,762.8 2,026.4 1,975.5 1,858.6 1,784.4 1,712.9 1,645.9 1,586.9 1,536.4 1,484.2 1,434.6 1,397 1,366.3 2,042.6 2,006 1,971.6 1,924.7 1,972.2 1,929.4 1,843.8 1,805.2 1,773.5 1,743.8 1,715
Accumulated Other Comprehensive Income 278 298 291 289 228 201 247 223 231 249 223 241 243 226 141 180 226 232 226 239 (154) (142) (156) (184) (199) (179) (118) (117) (123) (127) (113) (118) (84) (65) (127) (158) (214) (235) (170) (170) (145) 262 325 366 387 304 626 185 239 256 (7.8) (189.6) (186) (98.4) (173.0) (247.0) (226.0) (169.8) (230.6) (150.4) (79.7) (60.5) (33.9) 0 0 (16.6) 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 (242) (186) (78) (85) (254) (280) (88) (26) (75) (126) (56) (192) (379) (480) (617) (742) (371) (179) (126) (154) (17) 195 141 (136) (348) (235) (143) (91) (146) (111) 36 (34) (72) (53) (159) (131) (268) (298) (98) (117) (126) 2,447 2,518 2,629 2,842 2,710 4,203 5,020 5,127 5,456 5,307.6 5,199.1 5,294 5,335.6 4,106.7 3,728.5 3,675.4 3,426.1 3,516.6 3,391.6 3,317.9 3,136.5 3,043.1 2,765.5 2,745.5 2,774 2,663.9 2,602.4 2,488.7 2,229 2,144.1 1,951.8 1,886.6 1,839.8 1,777.2 1,713.5 1,684.2 1,655.4 2,326.3 2,300.9 2,217.1 2,112.7 2,224.8 2,167 2,086.4 1,998.4 1,966.5 1,949 1,913.7
Total Liabilities & Equity 5,233 5,201 5,311 5,288 5,107 5,016 5,296 5,365 5,336 5,363 5,371 5,308 5,430 5,187 5,417 5,467 5,568 5,575 5,595 5,423 5,574 5,777 5,575 5,302 4,840 5,027 5,520 5,653 5,602 5,393 5,610 5,565 5,630 5,534 5,483 5,489 5,139 5,137 5,373 5,324 6,554 9,191 9,286 9,175 9,487 9,269 11,332 12,277 12,249 12,173 12,280.0 11,970.3 12,050 11,434.0 9,213.2 8,825.0 8,573.6 7,744 7,885.1 7,750.5 7,207.5 6,634.9 6,647.7 5,395.9 5,144.6 5,618.9 5,016.2 4,766.9 4,381.9 4,333.8 4,223.6 3,796.3 3,684.1 3,701.7 3,489.8 3,918.8 3,803 3,778.6 4,707.8 4,698.5 4,542.7 4,390 4,364.2 4,275.7 4,127.9 4,021.1 4,147.4 4,018.5 3,976.1
Debt Metrics
Total Debt 3,302 3,436 3,173 3,224 3,306 3,214 3,178 3,193 3,249 3,251 3,272 3,277 3,613 3,445 3,604 3,639 3,398 3,169 3,115 3,112 3,118 2,983 2,935 2,929 2,933 2,973 2,979 3,002 3,066 2,979 2,973 2,972 3,087 3,085 3,086 3,084 2,999 2,997 2,996 2,996 4,296 4,104 4,166 3,968 3,980 3,980 4,067 4,433 4,510 4,182 4,625.8 4,622.8 4,637 4,276.0 4,018.0 3,894.7 3,821.4 3,229.2 3,165.6 3,236.9 2,794.9 2,493.6 2,567.8 1,759.8 1,607.6 1,947.6 1,554.1 1,442.4 1,187.9 1,390 1,405.6 1,240 1,222.8 1,243.9 1,110.3 1,645.2 1,613.3 1,602.8 1,712.4 1,757.5 1,665 1,641 1,490.9 1,508.9 1,461.8 1,451.5 1,609.2 1,540.4 1,526.4
Net Debt 2,914 2,789 2,614 2,834 2,929 2,580 2,532 2,795 2,881 2,617 2,712 2,897 3,103 2,993 3,140 3,199 2,919 2,243 2,261 2,343 2,280 1,657 1,609 1,840 2,166 2,276 2,504 2,677 2,750 2,427 2,404 2,588 2,717 1,891 1,945 2,092 2,310 2,007 1,955 2,040 2,121 2,720 2,788 2,555 3,054 3,167 3,377 3,906 3,886 3,387 3,840.3 3,874.4 3,570 3,675.9 3,871.7 3,788.2 3,731.9 3,059.8 2,984.3 3,114.1 2,720.7 2,262.8 2,422.3 1,681.4 1,279.4 1,394.4 1,111.2 1,025.8 1,013 948.7 1,026.6 906.8 895.2 770.2 913.8 1,572.2 1,567.6 1,542.3 1,639.3 1,691.7 1,609.8 1,579.8 1,411.4 1,450.4 1,415.9 1,331.5 1,461.1 1,490.7 1,476.8
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 0 165 189 270 186 182 167 258 215 191 322 263 205 114 292 276 234 135 219 (36) 88 191 274 208 132 158 244 327 183 55 230 289 210 (165) 209 283 253 (35) 212 168 189 108 428 231 289 246 91.9 318.8 229.6 165.8 102.4 122.8 214.3 150.2 127.5 (183) 139 44.9 187.4 185.4 174 178.7 128 138.6 124.3 122.5 125.9 117 110.6 105.5 101.8 91.6 83.5 83.4 81.8 68 62 (646.5) 67.1 63.4 74.4 (13.8) 72.1 70.1 65.3 57.6 55.7 53.3 54.5
Depreciation & Amortization 0 39 38 36 35 37 37 38 38 42 37 35 35 35 34 36 35 36 36 35 43 34 33 33 33 35 33 33 31 41 41 40 34 32 31 33 31 34 34 34 32 0 0 0 0 0 0 0 0 0 0 0 0 0 199.5 23.9 23.1 190.5 17.7 15.9 14.2 150.1 13.4 10.1 8.2 116.1 7.4 6.8 6 103.2 5.4 3.8 3.7 91.1 3.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 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 8 8 8 3 8 7 7 9 8 12 9 4 10 6 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 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 (368) 212 167 (40) (419) 164 107 14 (409) 294 158 69 (253) 168 54 73 (561) 82 62 41 (412) 139 (24) 106 (99) 140 148 17 (314) 126 131 59 (265) 128 103 21 (402) 99 56 46 (289) (73) (128) (112) (83) (148) (71.8) 145.2 84.1 (121.6) 125.6 (2.2) (46.8) (89.1) 191.4 10.1 5.9 (84.1) 77.5 (12.8) (146.7) (1) (96.2) (14.4) (89.1) 32.8 (27.2) 39.8 (155.3) 76.5 (26.2) 4.6 (90.3) 84.2 (37) 41 (59.2) 114.6 19.9 (35.2) (127.9) 24.7 (11.6) (7.5) (80.7) 59 4.8 (35.2) (64.8)
Other Non-Cash Items 289 (62) 62 39 41 (4) 106 37 62 (10) (37) 48 46 18 (34) 16 65 150 39 288 192 19 0 35 (158) (64) 244 327 14 197 230 289 32 321 209 283 14 280 212 168 (11) 289 0 0 180 0 476.5 (18.2) 64.2 56.5 306.0 181.5 85.0 75.2 (104.8) 489.2 76.6 90.1 8.7 (5.9) (23.0) (125) 77.1 (10.4) (1.8) (60.9) (3.6) (4.3) (14.5) (67.3) (1.4) 10.5 0.1 (858.5) 721.7 22.5 35.8 708.9 33.1 34 16.7 121.3 29.4 21.3 20.6 (1.3) 29.4 23.5 24.4
Operating Cash Flow (79) 418 456 306 (157) 407 415 346 (94) 485 480 415 33 320 346 401 (227) 335 356 328 (89) 380 283 382 (92) 228 392 344 (131) 378 361 348 (55) 284 312 304 (149) 344 268 214 (100) 324 300 119 386 98 496.7 445.7 377.9 100.7 534.0 302.1 252.5 136.3 413.6 340.1 244.6 241.4 291.4 182.6 18.5 202.8 122.3 123.9 41.6 210.5 102.5 159.3 (53.2) 217.9 79.6 110.5 (3) (599.8) 769.8 131.5 38.6 177 120.1 62.2 (36.8) 132.2 89.9 83.9 5.2 115.3 89.9 41.6 14.1
Investing Activities
Capital Expenditure (34) (47) (41) (36) (32) (56) (38) (43) (31) (62) (48) (72) (61) (87) (67) (43) (27) (46) (29) (23) (30) (42) (27) (21) (24) (51) (40) (33) (38) (59) (57) (63) (40) (60) (36) (40) (37) (63) (38) (42) (37) (65) (68) (58) (69) (55) (73.2) (58.8) (61.0) (78.0) (109.2) (58.2) (60.6) (56.7) (73.8) (67.8) (67.5) (134.5) (83.7) (83.7) (86.1) (106) (511.9) (407.3) (120.7) (152.1) (95.8) (68.2) (195.8) (251.3) (38.2) (36.6) (28.2) (231.2) (70.4) (125.6) (25.2) (0.3) (51.3) (54.5) (59.6) (59.2) (40.3) (43.4) (47.7) (65.7) (36.7) (37) (27.1)
Acquisitions 0 14 0 0 0 (5) 131 (4) 0 0 (136) 0 0 1 0 (2) 2 0 (56) 4 0 (200) 3 12 829 739 2 0 0 0 (1) 0 (548) (89) 2 0 0 63 38 0 0 (19) (68) 63 (13) 0 (30.7) (9.7) (146.9) (51.6) (75.2) (458.2) (192.3) (10.3) (15.4) (340) (156.0) (76.6) (2.2) (339.6) (170.4) 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
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 57 0 (13) (34) 36 0 0 (60) (151) 0 0 (35) (38) (52) (73) (169) (132.4) (107.6) (83.8) (53.1) (124.7) (208.9) (116.9) (131.4) 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
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 1 0 1 2 167 1 1 1 0 1 0 0 1 0 1 1 98 13 6 134 64 14 46 107 70 60 106 71 121 200 122 129.8 90.5 187.6 99.1 110.8 25.0 55.7 114.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 54.6 0 0 0 0 0 7.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (2) 0 0 (1) (1) (1) (1) 0 (2) (2) 0 (6) 2 0 (3) (4) (1) (10) 4 (1) 4 2 (6) 1 1 (2) (3) 7 (5) 8 (57) (5) 14 (5) (103) 126 (3) (70) (41) (3) (3) (13) 128 9 1 17 (95.4) 306.4 23.2 17.8 (20.1) 3.0 7.0 10.5 167.0 145.4 (52.4) 126.9 (119.6) (77.2) (128.4) 51 (32.7) (6.3) 1.9 40.8 62.6 (65) 8 146 (0.5) (44) (60.8) 1,009.2 (12.1) 19.9 (7.2) (51.9) 14.5 (34.2) 94.8 (146) 16.6 (11.8) (1.7) 105.9 1.6 6 97.2
Investing Cash Flow (36) (33) (41) (37) (33) (62) 92 (47) (33) (62) (184) (78) (59) (86) (70) (48) (26) (55) (79) 147 (25) (239) (29) (8) 807 686 (41) (25) (38) (50) (57) 30 (574) (182) 33 150 (26) (84) (85) 25 20 (26) 25 83 46 (85) (201.8) 220.6 (80.9) (65.9) (218.5) (697.4) (307.1) (73.2) 77.8 (262.4) (275.9) (84.2) (205.4) (500.5) (384.9) (55) (544.6) (413.6) (118.8) (111.3) (33.2) (133.2) (133.2) (105.3) (38.7) (80.6) (89) 778 (75.1) (105.7) (32.4) (52.2) (36.8) (88.7) 35.2 (205.2) (23.7) (55.2) (49.4) 40.2 (35.1) (31) 70.1
Financing Activities
Net Debt Issuance 127 (1) (46) (86) 131 (1) (1) (49) 48 (67) (11) (334) 207 (201) (102) 233 260 (1) 0 (1) 154 (3) 11 3 2 (206) (21) (66) 86 0 0 (115) 0 (3) (1) 59 0 1 0 (1,300) 887 (28) 486 (27) (151) 284 (168.6) (329) (16.5) (26.5) 269.5 497.2 (81.0) (51.2) (245.7) 64.3 117.4 29.8 (32) 441.1 263.1 (7.3) 501.6 116.9 (32.2) 82.7 56 251.4 (45.3) (15.6) 37.5 8.1 (22.1) 131.2 (540.8) 32 9.5 (94.7) (47.2) 65.8 23.9 145.3 (18) 10.4 (3.5) (157.6) 67.7 14 (55.5)
Stock Repurchased (202) (217) (123) (101) (130) (269) (192) (145) (145) (227) (45) (28) (53) 0 0 (550) (364) (148) (128) (447) (303) (125) 0 0 (602) (456) (151) (173) (116) (300) (89) (115) (150) (19) (178) (47) (87) (217) (74) (82) (86) (163) (142) (465) (297) (422) (223.6) (144.8) (197.4) (261.2) (105.7) (62.8) (7.6) (21.4) (15.7) (42.2) (9.3) (181.7) (57.2) 0 0 0.4 0 (58) (48.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (65) (64) (65) (66) (66) (63) (63) (64) (64) (64) (64) (64) (65) (63) (64) (64) (67) (57) (58) (60) (36) (37) (35) (36) (37) (39) (35) (35) (35) (36) (33) (32) (33) (33) (32) (32) (32) (33) (32) (31) (32) (87) (87) (80) (73) (76) (77.3) (68.6) (69.2) (71.0) (71.4) (67.8) (64.4) (64.3) (64.3) (60.0) (59.8) (55.2) (56.2) (53.9) (53.4) (53.4) (37.1) (37.3) (37.2) (37.2) (37.6) (35.8) (34.7) (34.8) (32.4) (32.4) (32.1) (32.1) (30.5) (30.4) (30.5) (30.6) (28.8) (28.7) (28.3) (28.9) (27.2) (26.6) (26.3) (26) (24.1) (24.5) (24.4)
Other Financing Activities (15) (20) (12) (19) (9) (14) (13) (12) (48) 1 8 (52) (20) 0 (68) 0 (17) (1) 0 (43) (174) 0 (8) (23) (22) (4) 3 (40) (7) 2 3 (90) (32) (4) (2) (152) (14) (38) 9 (71) 1 0 0 0 0 55 0 6.1 (7.0) 0 0 0 0 0 0 0 0 38.1 (38.1) (20.6) 0 (2.2) 13.6 18.3 (18.2) (45.8) (16.4) 0.1 (0.1) 0.1 (0.2) 0.1 0 0 (0.1) (0.1) 0.1 12.5 (0.1) 0 0.1 (61.7) 0 0 0 0 (0.1) 0 0
Financing Cash Flow (137) (296) (248) (272) (72) (344) (269) (270) (134) (356) (112) (464) 78 (264) (234) (381) (187) (203) (186) (550) (359) (165) (27) (55) (639) (701) (204) (314) (72) (334) (119) (352) (215) (59) (213) (172) (133) (287) (97) (1,443) 781 (272) 271 (562) (509) (149) (432.5) (542.5) (283.4) (358.6) 92.4 366.7 445.2 (136.9) (325.7) (37.9) 48.4 (168.9) (27.5) 366.6 209.8 (62.5) 478.1 39.9 (136.4) (0.3) (43) 215.7 (80.1) (50.3) 4.9 (24.2) (54.2) 99.1 (571.4) 1.5 (20.9) (112.8) (76.1) 37.1 (4.3) 54.7 (45.2) (16.2) (29.8) (183.6) 43.5 (10.5) (79.9)
Cash Position
Net Change in Cash (259) 88 169 13 (257) (12) 248 30 (266) 74 180 (130) 58 (12) 24 (39) (447) 72 85 (69) (486) 0 237 322 70 222 155 9 (243) (10) 185 14 (824) 53 149 303 (301) (51) 85 (1,219) 707 22 598 (354) (97) (139) (112.7) 122.3 37.0 (318.1) 466.5 (28.7) 390.6 (73.8) 165.7 39.8 17.1 (11.8) 58.4 48.6 (156.6) 85.3 478.1 39.9 (136.4) (0.3) (43) 215.7 (80.1) (50.3) 4.9 (24.2) (54.2) 99.1 (571.4) 1.5 (20.9) (112.8) (76.1) 37.1 (4.3) 54.7 (45.2) (16.2) (29.8) (183.6) 43.5 (10.5) (79.9)
Cash at Beginning 647 559 390 377 634 646 398 368 634 560 380 510 452 464 440 479 926 854 769 838 1,326 1,326 1,089 767 697 475 325 316 559 569 384 370 1,194 1,141 992 689 990 1,041 956 2,175 1,468 1,538 940 1,294 624 763 907.7 785.4 748.5 1,066.6 600.1 628.8 238.2 312.0 146.3 106.5 89.4 181.2 122.8 74.2 230.8 145.5 (332.6) 0 541.7 0 0 0 441.3 0 0 0 473.7 0 0 0 60.5 0 0 0 61.2 0 0 0 120 0 0 0 45.4
Cash at End 388 647 559 390 377 634 646 398 368 634 560 380 510 452 464 440 479 926 854 769 840 1,326 1,326 1,089 767 697 480 325 316 559 569 384 370 1,194 1,141 992 689 990 1,041 956 2,175 1,560 1,538 940 527 624 795 907.7 785.4 748.5 1,066.6 600.1 628.8 238.2 312.0 146.3 106.5 169.4 181.2 122.8 74.2 230.8 145.5 39.9 405.3 (0.3) (43) 215.7 361.2 (50.3) 4.9 (24.2) 419.5 99.1 (571.4) 1.5 39.6 (112.8) (76.1) 37.1 56.9 54.7 (45.2) (16.2) 90.2 (183.6) 43.5 (10.5) (34.5)
Free Cash Flow (113) 371 415 270 (189) 351 378 303 (125) 423 432 343 (28) 233 279 358 (254) 289 327 305 (119) 338 256 361 (116) 177 352 311 (169) 319 304 285 (95) 224 276 264 (186) 281 230 172 (137) 259 232 61 317 43 423.5 386.9 316.8 22.8 424.8 243.9 191.9 79.6 339.7 272.4 177.1 106.9 207.7 98.8 (67.6) 96.8 (389.6) (283.4) (79.1) 58.4 6.7 91.1 (249) (33.4) 41.4 73.9 (31.2) (831) 699.4 5.9 13.4 176.7 68.8 7.7 (96.4) 73 49.6 40.5 (42.5) 49.6 53.2 4.6 (13)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 1,918 1,793 1,917 2,051 1,801 1,828 1,983 2,091 1,926 1,882 1,979 2,127 1,979 1,923 2,204 2,352 2,201 2,022 2,204 2,179 1,970 1,860 1,983 1,764 1,581 1,639 1,716 1,839 1,513 911 1,904 2,297 1,920 1,874 1,936 2,057 1,777 1,759 1,877 2,001 1,720 1,715 1,839 1,929 2,018 2,064 2,232 2,260 1,965 1,998 2,150 2,149 1,876 1,890 1,976 2,004 1,875 1,667 2,006 2,022 1,772 1,735 1,957 2,048 1,852 1,869 2,094 2,036 1,819 1,979 2,528 2,640 2,446 2,698 3,059 3,148 2,881 2,946 3,295 3,389 3,186 2,965 3,360 3,348 2,969 3,034 3,173 3,061 2,806 2,862.2 2,787.7 2,487.4 2,314 2,115 2,085 1,911 1,733 1,893 1,871 1,746
Gross Profit 686 604 656 773 644 637 725 785 685 661 744 769 669 545 695 769 704 619 753 791 700 660 752 628 547 565 611 673 522 416 623 750 619 616 657 746 608 573 613 700 569 532 589 637 568 568 611 661 547 531 607 609 508 446 500 525 485 332 495 532 425 308 494 546 492 487 570 546 416 398 648 699 628 690 862 907 756 743 923 986 880 819 964 985 841 902 991 974 851 879.9 853.3 757.5 764.4 605.1 655.9 573.5 545.5 677.1 674.3 620.1
Operating Income 316 258 303 412 286 292 357 397 318 273 383 403 315 211 351 408 353 263 385 437 365 307 424 339 225 255 289 347 206 207 286 358 244 264 309 372 255 215 269 335 234 212 258 279 165 194 181 221 152 141 212 188 132 21 108 54 109 (509) 114 96 26 (798) 102 119 78 (196) 138 116 (2) (491) 194 215 154 (37) 374 361 252 (69) 399 441 355 292 455 463 343 214 491 477 387 254.2 374 389.9 395.1 213.6 272.5 216.8 186.7 300.2 301.3 268.5
Net Income 213 165 189 270 186 182 167 258 215 191 249 263 205 114 220 276 234 135 219 (36) 88 194 274 222 (59) 85 195 238 115 192 179 210 148 86 151 161 139 97 132 150 109 75 111 105 64 100 543 139 74 45 103 77 56 (87) 15 (75) 33 (573) 36 8 (46) (1,034) (5) 3 (7) (185) 28 63 (81) (508) 33 82 2 (151) 205 189 143 (187) 252 219 204 173 262 274 231 105 359 261 168 91.9 229.6 194.8 214.3 127.5 139 115 44.9 187.4 185.4 174
EPS (Diluted) 1.05 0.80 0.90 1.28 0.87 0.85 0.77 1.17 0.97 0.85 1.10 1.16 0.90 0.50 0.96 1.19 0.97 0.55 0.89 -0.14 0.34 0.74 1.05 0.85 1.92 0.55 0.44 0.82 0.39 0.64 0.58 0.68 0.47 0.27 0.48 0.51 0.43 0.30 0.40 0.45 0.32 0.22 0.32 0.30 0.18 0.28 1.51 0.39 0.21 0.12 0.29 0.21 0.13 -0.26 0.04 -0.22 0.09 -1.64 0.10 0.02 -0.13 -2.98 -0.01 0.01 -0.02 -0.53 0.08 0.15 -0.23 -1.45 0.09 0.23 0.01 -0.43 0.56 0.51 0.37 -0.48 0.64 0.54 0.50 0.42 0.61 0.64 0.52 0.24 0.80 0.58 0.36 0.20 0.46 0.40 0.43 0.27 0.30 0.25 0.10 0.41 0.41 0.39
Balance Sheet
Cash & Equivalents 388 647 559 390 377 634 646 398 368 634 560 380 510 452 464 440 479 926 854 769 838 1,326 1,326 1,089 767 697 475 325 316 559 569 384 370 1,194 1,141 992 689 990 1,041 956 2,175 1,384 1,378 1,413 926 813 690 527 624 795 785.4 748.5 1,066.6 600.1 146.3 106.5 89.4 169.4 181.2 122.8 74.2 230.8 145.5 78.4 328.2 541.7 442.9 416.6 174.9 441.3 379 333.2 327.6 473.7 196.5 73 45.7 60.5 73.1 65.8 55.2 61.2 79.5 58.5 45.9 120 148.1 49.7 49.6
Total Assets 5,233 5,201 5,311 5,288 5,107 5,016 5,296 5,365 5,336 5,363 5,371 5,308 5,430 5,187 5,417 5,467 5,568 5,575 5,595 5,423 5,574 5,777 5,575 5,302 4,840 5,027 5,520 5,653 5,602 5,393 5,610 5,565 5,630 5,488 5,483 5,489 5,139 5,137 5,373 5,324 6,554 9,191 9,286 9,175 9,487 9,269 11,332 12,277 12,249 12,149 12,280.0 11,970.3 12,050.4 11,434.0 9,213.2 8,825.0 8,573.6 7,744 7,885.1 7,750.5 7,207.5 6,634.9 6,647.7 5,395.9 5,144.6 5,167.4 5,016.2 4,766.9 4,381.9 4,333.8 4,223.6 3,796.3 3,684.1 3,701.7 3,489.8 3,918.8 3,803 3,778.6 4,707.8 4,698.5 4,542.7 4,390 4,364.2 4,275.7 4,127.9 4,021.1 4,147.4 4,018.5 3,976.1
Total Debt 3,302 3,436 3,173 3,224 3,306 3,214 3,178 3,193 3,249 3,251 3,272 3,277 3,613 3,445 3,604 3,639 3,398 3,169 3,115 3,112 3,118 2,983 2,935 2,929 2,933 2,973 2,979 3,002 3,066 2,979 2,973 2,972 3,087 3,085 3,086 3,084 2,999 2,997 2,996 2,996 4,296 4,104 4,166 3,968 3,980 3,980 4,067 4,433 4,510 4,182 4,625.8 4,622.8 4,637 4,276.0 4,018.0 3,894.7 3,821.4 3,229.2 3,165.6 3,236.9 2,794.9 2,493.6 2,567.8 1,759.8 1,607.6 1,947.6 1,554.1 1,442.4 1,187.9 1,390 1,405.6 1,240 1,222.8 1,243.9 1,110.3 1,645.2 1,613.3 1,602.8 1,712.4 1,757.5 1,665 1,641 1,490.9 1,508.9 1,461.8 1,451.5 1,609.2 1,540.4 1,526.4
Stockholders' Equity (242) (186) (78) (85) (254) (280) (88) (26) (75) (126) (56) (192) (379) (480) (617) (742) (371) (179) (126) (154) (17) 195 141 (136) (348) (235) (143) (91) (146) (111) 36 (34) (72) (53) (159) (131) (268) (298) (98) (117) (126) 2,447 2,518 2,629 2,842 2,710 4,203 5,020 5,127 5,456 5,307.6 5,199.1 5,294 5,335.6 4,106.7 3,728.5 3,675.4 3,426.1 3,516.6 3,391.6 3,317.9 3,136.5 3,043.1 2,765.5 2,745.5 2,774 2,663.9 2,602.4 2,488.7 2,229 2,144.1 1,951.8 1,886.6 1,839.8 1,777.2 1,713.5 1,684.2 1,655.4 2,326.3 2,300.9 2,217.1 2,112.7 2,224.8 2,167 2,086.4 1,998.4 1,966.5 1,949 1,913.7
Cash Flow
Operating Cash Flow (79) 418 456 306 (157) 407 415 346 (94) 485 480 415 33 320 346 401 (227) 335 356 328 (89) 380 283 382 (92) 228 392 344 (131) 378 361 348 (55) 284 312 304 (149) 344 268 214 (100) 324 300 119 386 98 496.7 445.7 377.9 100.7 534.0 302.1 252.5 136.3 413.6 340.1 244.6 241.4 291.4 182.6 18.5 202.8 122.3 123.9 41.6 210.5 102.5 159.3 (53.2) 217.9 79.6 110.5 (3) (599.8) 769.8 131.5 38.6 177 120.1 62.2 (36.8) 132.2 89.9 83.9 5.2 115.3 89.9 41.6 14.1
Capital Expenditure (34) (47) (41) (36) (32) (56) (38) (43) (31) (62) (48) (72) (61) (87) (67) (43) (27) (46) (29) (23) (30) (42) (27) (21) (24) (51) (40) (33) (38) (59) (57) (63) (40) (60) (36) (40) (37) (63) (38) (42) (37) (65) (68) (58) (69) (55) (73.2) (58.8) (61.0) (78.0) (109.2) (58.2) (60.6) (56.7) (73.8) (67.8) (67.5) (134.5) (83.7) (83.7) (86.1) (106) (511.9) (407.3) (120.7) (152.1) (95.8) (68.2) (195.8) (251.3) (38.2) (36.6) (28.2) (231.2) (70.4) (125.6) (25.2) (0.3) (51.3) (54.5) (59.6) (59.2) (40.3) (43.4) (47.7) (65.7) (36.7) (37) (27.1)
Free Cash Flow (113) 371 415 270 (189) 351 378 303 (125) 423 432 343 (28) 233 279 358 (254) 289 327 305 (119) 338 256 361 (116) 177 352 311 (169) 319 304 285 (95) 224 276 264 (186) 281 230 172 (137) 259 232 61 317 43 423.5 386.9 316.8 22.8 424.8 243.9 191.9 79.6 339.7 272.4 177.1 106.9 207.7 98.8 (67.6) 96.8 (389.6) (283.4) (79.1) 58.4 6.7 91.1 (249) (33.4) 41.4 73.9 (31.2) (831) 699.4 5.9 13.4 176.7 68.8 7.7 (96.4) 73 49.6 40.5 (42.5) 49.6 53.2 4.6 (13)