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Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 13
SELL 1
STRONG
SELL
0
| PRICE TARGET: $544.75 DETAILS
HIGH: $610.00
LOW: $489.00
MEDIAN: $537.50
CONSENSUS: $544.75
UPSIDE: 21.29%
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 2,079 1,889 2,007 1,898 1,924 1,672 1,813 1,817 1,786 1,480 1,472 1,494 1,470 1,290 1,275 1,381 1,522 1,539 1,526 1,553 1,600 1,290 1,356 1,435 1,290 1,233 1,240.5 1,213.6 1,142.1 1,060.1 1,080.8 1,175.1 1,126.7 1,165.5 1,062.9 1,000.5 975.2 942.1 917.1 928.9 816.1 865.9 834.9 918.1 865.6 877.5 816.1 873.5 767.2 779.2 705.5 756 731.8 754.2 688.5 640.8 646.8 567.1 531.3 605.2 577.1 564.3 513.3 477.8 476.6 485.8 451.8 450.7 408.9 403.7 433.4 487.6 430.7 504.9 525 646.1 583 590 495.5 511.4 440.2 473.2 421.1 446.8 390.5 391.6 357.9 357.6 331.2 350.7 312.7 271.9 271.5 220.9 205.2 180.2 161.1 152.5 347.8 495.7
Cost of Revenue 531 626 615 614 602 610 621 580 570 518 507 519 516 499 476 474 495 562 455 425 452 466 420 420 389 405 398.8 390.9 392 352.4 352.4 368.6 364 390.8 358.6 317.7 309.9 298.2 285.9 258.9 249.2 251.9 236.1 243.9 244.4 255.5 236.7 222.1 216 221 203.5 197.1 200.8 221.6 207.3 180.6 185.5 181.2 171 170.5 160.8 180.9 153.7 134.3 135.9 146.9 135.1 128 122.4 (194.4) 230.8 237.3 219.6 (220.2) 262.9 273.3 268 (83) 216.9 213 0 98.2 0 185.3 169.4 375.4 0 0 0 347.3 0 285.3 0 0 0 0 0 0 132.9 146.8
Gross Profit 1,548 1,263 1,392 1,284 1,322 1,062 1,192 1,237 1,216 962 965 975 954 791 799 907 1,027 977 1,071 1,128 1,148 824 936 1,015 901 828 841.7 822.7 750.1 707.7 728.4 806.5 762.7 774.7 704.3 682.8 665.3 643.9 631.2 670 566.9 614 598.8 674.2 621.2 622 579.4 651.4 551.2 558.2 502 558.9 531 532.6 481.2 460.2 461.3 385.9 360.3 434.7 416.3 383.4 359.6 343.5 340.7 338.9 316.7 322.7 286.5 598.1 202.6 250.3 211.1 725.1 262.1 372.8 315 673 278.6 298.4 440.2 375 421.1 261.5 221.1 16.2 357.9 357.6 331.2 3.4 312.7 (13.4) 271.5 220.9 205.2 180.2 161.1 152.5 214.9 348.9
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 42 0 0 0 40.1 0 0 0 29.1 0 0 0 37.9 0 0 0 22.8 0 0 0 16.1 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
SG&A Expenses 477 468 453 441 440 441 433 446 414 428 403 415 386 403 385 368 371 465 395 327 293 350 271 307 301 319 291.9 274.7 281.5 278.2 260.3 270.5 271.1 303.4 245.7 216.1 221.9 253.2 225.3 228.6 232.9 252.2 220.8 227 221.3 250.3 206.5 217.4 195.1 223 187.1 185 227 236.4 187.4 159.6 168.8 193.2 145 142.9 148.5 169.5 152.2 137.5 128.8 144.5 124.3 116.7 110.2 0 230.8 237.3 219.6 451.1 262.9 273.3 268 166.8 190.5 213 192.5 (231.2) 180.4 0 169.4 (198.8) 151.8 149.4 140 (181.5) 128.1 (149.6) 118.3 (134.2) 97.2 86.3 (109.3) 75.1 140.4 195
Other Expenses 149 0 22 0 0 0 0 0 0 0 0 0 0 0 0 0 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) (0.3) 0.7 0.1 0.6 0.6 (0.1) (0.2) 0.3 (0.4) (0.1) (0.3) (0.8) (0.3) (0.2) 24.1 22.1 23.5 20.7 19 21.8 17.7 17.2 18.1 15.2 15.8 16.6 16.2 15.7 15.6 472.5 14.6 16.8 12.5 463 11.6 9.1 10.3 209.7 9.8 9.3 9.4 9.1 8.8 8.7 8.6 8.8 8.3 8.7 8.3 8.8 7.9 7.2 6.2 4.5 4 4.1 3.8 4.5 26.3 34.1
Operating Expenses 626 468 475 441 440 441 433 446 414 428 403 415 386 403 385 368 371 465 395 327 293 350 271 307 301 319 291.9 274.7 281.5 278.2 260.3 270.5 271.1 303.4 245.7 216.1 221.9 253.2 225.3 259.8 262.8 280.9 242.7 254.9 249.9 277.3 223.3 239.7 218.2 227.1 210.5 208.1 250.6 260.2 211.5 181.7 192.3 213.9 164 164.7 166.2 186.7 170.3 152.7 144.6 161.1 140.5 132.4 125.8 472.5 14.6 16.8 12.5 463 11.6 9.1 10.3 209.7 9.8 9.3 201.9 (222.1) 189.2 8.7 8.6 (190) 160.1 158.1 148.3 (172.7) 136 (142.4) 124.5 (129.7) 101.2 90.4 (105.5) 79.6 166.7 229.1
Operating Income
Operating Income 922 795 917 843 882 621 759 791 802 534 562 560 568 388 414 539 656 512 676 801 855 474 665 708 600 509 549.8 548 468.6 429.5 468.1 536 491.6 471.3 458.6 466.7 443.4 390.7 405.9 410.2 304.1 333.1 349.7 419.3 371.3 344.7 349.7 411.7 333 311.9 291.5 350.8 280.4 260.2 269.7 278.5 269 172.1 196.1 270.1 250.1 196.6 188.9 190.5 196.8 178.9 172.5 187.2 148.9 125.4 189.8 233.7 199.3 212.1 250.5 363.7 304.7 463.3 268.8 289.1 238.3 242.4 231.9 252.8 212.5 206.2 197.8 199.5 182.9 176.1 176.7 129 147 111 104 89.8 77 72.9 48.2 119.8
Interest Expense 66 16 72 47 54 27 88 50 49 51 50 54 4 64 0 0 1 96 53 47 39 138 48 0 0 67 60.2 62.4 54.5 67.5 45.6 48.8 50.9 58.9 53.6 52.3 46.7 38.3 38.3 37.1 37 30.8 29.3 34.2 31.2 30.9 39.5 27.7 25.4 25.2 26 22.9 23.2 23.1 15.3 16.6 10.3 18.3 12.9 16.3 19.2 18.6 14.2 19.4 10.4 15 11.5 13.2 11.5 1.1 5.9 12.3 3.1 19.8 9 0 3.3 4 3.1 0 0 0 0 3.9 5.2 0.2 3.5 6.4 5 3.1 4.2 4.2 6 5.1 4.1 3.5 4.6 0.4 9.9 6.2
Interest Income 0 14 14 13 24 29 28 23 22 19 19 15 10 6 5 2 2 2 3 1 3 2 2 3 4 4 3.6 3.9 5 4 4.1 3.4 3.2 3 4.3 4.6 4.1 2.7 2.5 2.8 2.9 2.7 2.8 2.3 1.9 1.6 1.8 1.7 1.6 1.5 1.6 1.2 1.2 1.5 0 0 0 1.4 1.6 2.2 1 1.2 1.4 0.5 0.6 2.5 0 7.1 8.2 0 0 5.6 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
Profitability
EBITDA 1,030 919 1,062 939 971 665 865 879 901 598 632 639 598 480 456 522 688 689 733 865 960 595 703 717 607 569 621.6 546.7 516.3 437.4 504.5 592.7 541.1 516.5 562.4 547.2 530.5 (394.3) 440 441.4 334.3 362.4 378 447.2 399.9 373 372.9 434 355.9 337.1 314.9 382.8 314 277.1 305 304.5 293.7 194.6 219.2 302.3 272.1 208.4 213.1 209.9 212.6 198.9 191 208.9 168.7 156.8 202.6 258.6 227.7 274 262.1 372.8 315 474.3 278.6 298.4 247.7 251.5 240.7 261.5 221.1 215 206.1 208.2 191.2 184.9 184.6 136.2 153.2 115.5 108 93.9 80.8 77.4 79.1 67.8
EBIT 908 795 939 819 858 552 757 769 801 501 537 546 510 391 373 441 610 612 672 805 901 538 647 659 558 519 573 495.7 466 389.1 458.4 544.3 492 466.6 519.4 514.3 498 (427.2) 407.3 416 312.6 343.1 372.2 413.4 375.7 366.7 367.9 512.9 337 327 289.5 359.7 290.4 253.3 280.9 282.4 270.2 173.9 200.2 280.5 254.4 191.2 195 187.4 196.8 182.3 174.8 193.2 153.1 125.6 188 241.8 215.2 262.1 250.5 363.7 304.7 463.3 268.8 289.1 238.3 242.4 231.9 252.8 212.5 206.2 197.8 199.5 182.9 176.1 176.7 129 147 111 104 89.8 77 72.9 74.8 63.8
Income Before Tax 870 687 867 772 804 525 703 719 752 450 487 492 506 327 381 443 609 516 619 758 862 400 599 666 564 452 512.8 433.3 411.5 321.6 412.8 495.5 441.1 407.7 465.8 462 451.3 (465.5) 369 378.9 275.6 312.3 343.6 379.2 344.5 335.8 328.4 485.2 311.6 301.8 263.5 336.8 267.2 236.4 264.4 264.6 258.6 155.6 184.8 264.2 235.2 172.6 181.4 177.9 182.5 167.3 162.7 174.6 141.6 124.3 183.9 221.4 196.2 192.3 241.5 381.5 301.4 463.3 265.7 289.8 241.7 243.9 234.6 248.9 207.3 206 194.3 193.1 177.9 173 172.5 124.8 141 105.9 99.9 86.3 72.4 72.5 38.3 113.6
Income Tax Expense 209 76 220 193 179 130 169 166 175 110 97 115 5 81 78 116 111 89 145 181 126 86 132 157 77 91 130.4 121.3 37.9 68.9 100.8 117.6 64.3 379.2 146.1 148.4 105.4 (40) 112.4 120.8 89 91.9 109.8 115.1 113.2 94.4 109.9 160.8 89.9 92.2 76.7 108.4 76.1 74.4 77.9 88.9 83.1 57.5 52.7 73.5 78.1 33.7 44.2 55.3 67.8 64 61 63.6 50.5 35.6 70.9 86.2 75.5 65 104.6 119.6 126 184.7 108.7 117.7 95.5 93.8 88 103.5 88.6 83.4 98.8 89.6 74.4 87.5 71.6 55 62.3 47.1 44.4 38.3 32 32 17.2 45.8
Net Income 661 610 646 578 625 395 534 552 577 340 389 377 501 246 303 327 498 427 474 577 736 314 467 509 488 359 379.4 310.3 372.9 250.3 310.2 376.2 372.9 25.5 317.3 312.2 345.6 (428.6) 255.3 255.5 184.4 217.9 231.6 261.7 230.1 236.3 215.2 319.2 218 206.7 183.9 225.5 188.4 160.1 183.9 172.5 173.5 96.2 130.7 189 155.5 137.4 136 121 113.4 101.9 100.6 111 90.2 88.7 113 135.2 120.7 127.3 136.9 261.9 175.4 278.6 157 172.1 146.2 150.1 146.6 145.4 118.7 122.6 95.5 103.5 103.5 85.5 100.9 69.8 78.7 58.8 55.5 48 40.4 40.5 67.9 67.8
Per Share Data
EPS (Basic) 3.74 3.43 3.61 3.22 3.47 2.18 2.94 3.03 3.16 1.86 2.12 2.05 2.73 1.34 1.65 1.78 2.69 2.30 2.55 3.09 3.93 1.67 2.49 2.71 2.60 1.91 2.01 1.64 1.96 1.31 1.62 1.96 1.95 0.13 1.66 1.63 1.81 -2.25 1.33 1.32 0.95 1.11 1.16 1.30 1.14 1.14 1.02 1.51 1.02 0.96 0.84 1.01 0.84 0.72 0.83 0.77 0.78 0.43 0.58 0.83 0.68 0.60 0.58 0.51 0.48 0.43 0.43 0.47 0.38 0.38 0.47 0.55 0.49 0.51 0.52 0.97 0.63 1.00 0.56 0.60 0.50 0.52 0.49 0.48 0.40 0.41 0.32 0.35 0.35 0.29 0.34 0.24 0.25 0.19 0.18 0.15 0.13 0.12 0.21 0.21
EPS (Diluted) 3.73 3.41 3.60 3.20 3.46 2.17 2.93 3.02 3.15 1.85 2.11 2.05 2.72 1.34 1.65 1.77 2.68 2.28 2.53 3.07 3.90 1.66 2.47 2.69 2.57 1.88 1.99 1.62 1.93 1.29 1.59 1.94 1.92 0.13 1.63 1.61 1.78 -2.22 1.31 1.30 0.93 1.09 1.14 1.28 1.11 1.12 1.00 1.48 1.00 0.94 0.83 1.00 0.83 0.70 0.81 0.76 0.76 0.43 0.57 0.82 0.67 0.60 0.58 0.51 0.47 0.43 0.42 0.47 0.38 0.38 0.46 0.54 0.48 0.51 0.51 0.95 0.62 1.00 0.55 0.59 0.49 0.52 0.48 0.47 0.39 0.41 0.32 0.34 0.34 0.29 0.33 0.24 0.25 0.19 0.17 0.15 0.13 0.12 0.21 0.21
Shares Outstanding 176.8 177.9 179.5 179.9 180 181.8 181.7 182.3 182.6 182.7 183.3 183.5 183.3 183.2 183.2 184.1 185.1 185.8 186 186.7 187.2 187.6 187.8 187.7 187.5 188.3 189 189.4 190.4 191.4 191.8 191.9 191.4 191 191.1 191 191.1 190.8 191.7 193.4 195 197 199.4 201.3 202.7 206.5 210.4 212 214 214.3 217.8 222.3 223.3 223 222.5 223.9 223.4 222.1 226 228.2 228.9 228.9 234.3 235.3 236.9 236.4 236.4 236.1 235.4 235.4 241.3 244.6 247.4 247.4 262.2 269.6 277.7 275.5 280.7 286.4 290.5 290.5 299.6 300.4 299 297 295.2 297.8 298.2 298.2 297.6 296.2 310 308.8 316 318 318 324.4 323.8 322.4
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 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2
Current Assets
Cash & Cash Equivalents 1,469 2,384 2,181 2,174 2,139 2,408 2,642 2,635 2,476 2,130 2,006 2,278 2,119 1,769 1,656 1,617 1,750 1,811 2,239 2,809 2,769 2,597 2,492 2,099 2,141 1,832 1,178 1,195.9 1,196.6 1,685 1,034.8 1,314.5 1,277.3 1,071.5 962.8 3,280.9 2,129.6 2,051.5 1,746.1 1,674.3 1,576.1 485.9 496.4 473.9 392.8 341.7 421.1 332.3 368.1 269.1 81.2 57.8 39.9 69.9 174.7 164.4 99 119.1 22.6 54.8 70 113.2 70.8 76.4 70.9 90.6 156.4 247.9
Short-Term Investments 41 64 78 116 62 566 573 63 58 63 73 57 78 90 89 86 103 91 104 88 96 99 96 100 90 98 95.8 119.5 114 132.5 110.7 101.2 100.5 111.8 108.3 86.3 132.8 173.4 311.8 352.5 490.6 7.7 7.5 10 4.9 6.8 4.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 2,044 2,024 1,853 1,855 1,892 1,878 1,759 1,773 1,884 1,738 1,563 1,620 1,712 1,652 1,518 1,602 1,824 1,720 1,589 1,458 1,497 1,430 1,360 1,401 1,413 1,419 1,228.4 1,245.3 1,301.2 1,287.1 1,131.8 1,137.1 1,207.4 1,147.2 1,007.3 916.5 953.5 887.4 831.4 843.7 852.1 389.1 427 444.9 407.6 403.6 393.1 295.8 281.5 270.3 237.2 223.2 178.1 151.7 112.4 117.5 123.7 101 87.8 332.2 508 84.4 426 441.4 518.2 445.2 375.3 425.4
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 126.1 143.3 (389.1) (427) 50.9 (407.6) 31.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 660 714 193 62 49 47 60 46 33 46 133 154 195 229 155 159 168 178 144 176 172 198 55 165 172 180 377.5 360 78.4 80.2 82.9 88.7 82.4 63.5 35.7 92.4 20.4 28.1 24.5 33.5 23.2 77.3 77.1 37.3 95.3 104 51.8 26.6 30.4 29.6 50.3 50.1 54.3 60.2 59.1 56 57.1 57.5 57.9 108.6 219.9 84.9 192.8 188 212.3 228.2 168.1 176.5
Total Current Assets 4,214 5,186 4,599 4,501 4,426 5,159 5,275 4,762 4,685 4,225 4,037 4,390 4,426 4,094 3,726 3,820 4,062 4,011 4,255 4,734 4,695 4,509 4,201 3,963 3,994 3,679 3,042.3 3,154.6 2,898.4 3,386.9 2,516.2 2,839.7 2,818.8 2,580.6 2,278.9 4,559.1 3,485.5 3,253.1 3,016.9 3,030.1 3,085.3 960 1,008 1,012.9 900.6 856.1 870.6 654.7 680 569 368.7 331.1 272.3 281.8 346.2 337.9 279.8 277.6 168.3 495.6 797.9 785 689.6 705.8 801.4 764 699.8 849.8
Non-Current Assets
Property, Plant & Equipment 1,013 1,004 1,012 915 888 872 904 894 873 880 871 871 857 848 859 846 808 785 752 639 644 671 692 727 722 748 756.7 777.2 826.8 320.4 311.1 312.2 321.6 325.1 332.1 329.7 329.1 325.9 329.6 323 310.5 298.3 292.7 293 267.6 248.4 218.4 46.3 48 46.8 48.4 49.3 50.6 45.7 42.7 42 42.3 43.4 42.9 221.4 275.7 280 277.7 285.4 293 298.3 298.7 303.2
Goodwill 6,335 6,368 6,465 6,481 6,237 5,994 6,148 5,891 5,909 5,956 5,831 5,926 5,892 5,839 5,617 5,841 6,039 5,999 5,898 4,590 4,566 4,556 4,282 4,162 4,122 3,722 3,610 3,664.9 3,762.5 3,781.3 3,661.3 3,662.7 3,831.5 3,753.2 3,722.1 1,054.5 1,029.6 1,023.6 1,040.8 1,047.2 1,050.9 345.1 347.3 349.2 344.6 333.8 179.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 1,805 1,866 1,916 1,989 1,978 1,890 1,970 1,930 1,983 2,049 2,058 2,138 2,177 2,210 2,182 2,300 2,422 2,467 2,510 1,784 1,810 1,824 1,717 1,697 1,709 1,498 1,454.1 1,486 1,530.4 1,566.1 1,517.6 1,541.4 1,641.6 1,631.6 1,633.1 287.1 289.8 296.4 307.8 319.2 329.2 93.1 100.1 104.9 106.7 107.1 59.6 201.1 203 203.8 207.2 208.6 210.7 212.3 11.7 12.4 13.1 13.7 14.2 148.8 174.1 167.5 168.5 171.1 179 191.8 189.9 188
Long-Term Investments 0 0 0 615 613 636 596 664 662 640 660 644 636 646 779 721 604 612 280 292 274 277 265 364 414 223 295.2 195.8 147.6 137 157.1 167.1 156.9 133.5 122.7 126.1 131.4 69.8 91 16.2 30.3 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
Other Non-Current Assets 1,116 1,101 1,135 668 662 661 608 605 629 614 470 457 463 446 440 446 457 422 356 264 271 238 283 197 180 166 130.1 121.7 173.6 137.3 86.5 91.9 101.1 26.4 45.8 44.5 35.4 42.4 63.6 142 132.5 53 52.1 50.7 47.7 43.6 223.3 99.2 125.5 121.8 96.6 95.9 97.2 94.6 72.9 69.7 64.4 63.6 71.6 562.6 563.7 553.2 577.4 557.7 547.9 535.1 480.9 475.3
Total Non-Current Assets 10,518 10,644 10,816 10,986 10,670 10,346 10,494 10,251 10,326 10,397 10,154 10,301 10,293 10,255 10,213 10,495 10,677 10,669 10,159 7,818 7,805 7,900 7,471 7,335 7,312 6,586 6,435.5 6,437 6,619.7 6,139.3 5,922.9 5,911.9 6,195.2 6,013.6 6,026 1,977.2 1,950.4 2,074.2 2,002.4 2,014.8 2,029.6 997.7 995.3 990.4 973.3 946 681 346.6 376.5 372.4 352.2 353.8 358.5 352.6 127.3 124.1 119.8 120.7 128.7 932.8 1,013.5 1,000.7 1,023.6 1,014.2 1,019.9 1,025.2 969.5 966.5
Total Assets 14,732 15,830 15,415 15,487 15,096 15,505 15,769 15,013 15,011 14,622 14,191 14,691 14,719 14,349 13,939 14,315 14,739 14,680 14,414 12,552 12,500 12,409 11,672 11,298 11,306 10,265 9,477.8 9,591.6 9,518.1 9,526.2 8,439.1 8,751.6 9,014 8,605.2 8,304.9 6,536.3 5,435.9 5,327.3 5,019.3 5,044.9 5,114.9 1,957.7 2,003.3 2,003.3 1,873.9 1,802.1 1,551.6 1,001.3 1,056.5 941.4 720.9 684.9 630.8 634.4 473.5 462 399.6 398.3 297 1,428.4 1,811.4 1,785.7 1,713.2 1,720 1,821.3 1,789.2 1,669.3 1,816.3
Current Liabilities
Account Payables 1,153 0 1,032 53 98 53 50 57 88 23 41 37 70 52 34 31 42 47 30 18 21 39 26 36 26 38 14.8 4.9 19.5 30.1 16.2 22.5 32 21.8 29.2 25 24.1 28.4 28 35.6 14.4 0 0 7.1 0 0 317.4 181.9 158.7 228.4 149.8 155.8 184.9 165.2 203.4 142.1 143.2 135.4 107.3 0 0 275.1 0 0 0 0 0 0
Short-Term Debt 670 95 98 0 103 799 802 796 794 108 105 405 605 106 104 604 607 105 610 92 94 94 91 90 574 89 591 219 406.2 449.9 470.5 389.8 389.6 429.4 614.1 0 213.8 300 299.9 0 0 363.9 377.5 447.5 370.4 192.5 400 0 0 0 0 93.1 107.1 0 0 0 0 0 0 291.9 38.9 127.3 102.6 129.2 64.3 36.9 1.5 0
Deferred Revenue 1,820 1,582 1,369 1,712 1,920 1,596 1,436 1,560 1,753 1,421 1,315 1,484 1,688 1,360 1,238 1,387 1,641 1,349 1,195 1,202 1,275 1,131 962 1,001 1,113 1,078 855.7 952.3 1,062.3 953.4 771.5 860.5 998.7 883.6 791.1 746.8 817.4 683.9 652.3 718 787.3 481.7 516.2 471.3 462.7 479.5 368.4 248 252.3 214.6 200.1 203.3 170 159 135.6 145.5 150.4 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 1,304 1,032 203 312 409 325 351 335 350 353 343 311 384 295 330 258 338 267 301 297 362 247 327 343 267 368.2 384.3 262.5 320.3 254 291.6 220.4 267.1 217.6 228.2 175.5 1,152.6 235.2 835.1 909.1 248.6 253.2 0 472 666.8 0 0 0 (10.9) 0 0 0 0 0 0 0 117.7 112.7 681.4 1,326.7 (26.9) 1,240.3 1,234.5 1,310.4 1,315.8 941.5 995.6
Total Current Liabilities 3,643 2,981 2,499 2,647 2,917 3,597 3,235 3,219 3,382 2,500 2,269 2,667 2,988 2,375 2,066 2,755 2,988 2,496 2,793 2,050 2,154 2,222 1,721 1,886 2,351 1,912 2,138 1,839.9 2,005.6 2,098.5 1,823.6 1,843.9 1,920.9 2,074.3 1,982.7 1,237.2 1,423.8 2,428.2 1,402.5 1,146.4 1,151.9 1,094.2 1,146.9 1,236 1,305.1 1,338.8 1,085.8 429.9 411 432.1 349.9 452.2 462 324.2 339 287.6 293.6 253.1 220 973.3 1,365.6 1,414.8 1,342.9 1,363.7 1,374.7 1,352.7 943 995.6
Non-Current Liabilities
Long-Term Debt 6,387 7,256 7,265 6,967 6,823 6,731 6,876 6,253 6,259 7,001 6,851 6,923 6,963 7,389 7,476 7,158 7,285 7,413 6,969 6,355 6,340 6,422 6,363 6,333 6,303 5,581 4,736.5 5,258 5,228.6 5,226.1 4,484 4,934.2 5,118 5,111.1 5,107.3 4,887.1 3,861.9 3,063 3,118.2 3,420.4 3,428.6 1,106.4 744.4 746.2 750 750 600 300 300 300 300 300 328.5 300 300 300 300 300 195.5 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 311 315 348 355 439 449 416 465 458 402 483 485 476 457 604 572 498 488 564 422 404 404 385 414 424 357 355.7 348.6 353.4 351.7 354.8 363.2 382.2 341.6 452.6 107.6 105 104.3 107.5 111.4 118.6 21.1 53.2 31.4 15.7 16.5 (120.5) (47.6) (43.6) (41.1) (34.6) (31.2) (28.5) 0 0 0 0 0 0 0 0 0 502.2 516.1 0 505.8 0 0
Other Non-Current Liabilities 938 1,073 851 1,139 792 728 870 825 836 872 855 893 815 996 896 849 860 826 912 866 875 1,073 969 873 851 981 934.5 941.7 961.1 1,071.1 1,046.7 1,024.2 1,045.1 1,053.1 783.6 639.7 636.9 625 614 602.1 632.2 128.5 492.6 482 444.1 505.5 354.8 161.7 202.3 200.3 175.9 173.4 167.3 190.7 130.1 130.9 129.9 127.7 142.6 455.2 476.1 485.6 0 0 512.5 0 751.3 772.6
Total Non-Current Liabilities 7,946 8,644 8,804 8,732 8,321 8,181 8,466 7,856 7,894 8,646 8,570 8,712 8,673 9,285 9,443 9,081 9,169 9,268 9,002 8,122 8,121 8,424 8,263 8,180 8,156 7,522 6,642.5 7,177 7,187.5 6,771.2 6,009.4 6,447.6 6,673.1 6,645.8 6,479 5,766.6 4,736.3 3,926.4 3,974.7 4,268 4,314.5 1,355.4 1,390.4 1,363.4 1,318.3 1,382.6 1,075.3 509.3 545.9 541.4 510.5 504.6 495.8 490.7 430.1 430.9 429.9 427.7 338.1 455.2 476.1 485.6 502.2 516.1 512.5 505.8 751.3 772.6
Total Liabilities 11,589 11,625 11,303 11,379 11,238 11,778 11,701 11,075 11,276 11,146 10,839 11,379 11,661 11,660 11,509 11,836 12,157 11,764 11,795 10,172 10,275 10,646 9,984 10,066 10,507 9,434 8,780.5 9,016.9 9,193.1 8,869.7 7,833 8,291.5 8,594 8,720.1 8,461.7 7,003.8 6,160.1 6,354.6 5,377.2 5,414.4 5,466.4 2,449.6 2,537.3 2,599.4 2,623.4 2,721.4 2,161.1 939.2 956.9 973.5 860.4 956.8 957.8 814.9 769.1 718.5 723.5 680.8 558.1 1,428.5 1,841.7 1,900.4 1,845.1 1,879.8 1,887.2 1,858.5 1,694.3 1,768.2
Stockholders' Equity
Common Stock 3 0 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3.4 3.4 3.4 3 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 0 0 0 0 0
Retained Earnings 18,331 0 16,933 16,933 16,526 16,071 15,855 15,478 15,081 14,659 14,460 14,213 13,979 13,618 13,501 13,328 13,132 12,762 12,451 12,094 11,632 11,011 10,804 10,442 10,041 9,656 9,391.6 9,107.7 8,893.6 8,594 8,429.1 8,204.6 7,913 7,465.4 7,513.4 7,269.6 7,031 6,688.9 7,261.2 7,077.8 6,895.1 3,538.9 3,442.6 3,329 3,199 3,113.5 2,579.5 743.5 651.2 558.9 401.3 307 221.8 158.7 (91.1) (133.9) (182.3) (223.2) (258.7) (0.1) (39) (105.9) (108.7) (144.9) (180.9) (240.9) (261.9) (298.9)
Accumulated Other Comprehensive Income (519) 0 (519) (519) (578) (638) (503) (617) (608) (567) (652) (570) (589) (643) (748) (599) (471) (410) (462) (425) (440) (432) (504) (542) (560) (439) (537.3) (446.1) (455.5) (426) (342) (304.8) (51.9) (172.2) (257.8) (309.7) (357.3) (364.9) (305.7) (316.8) (301.5) (83.3) (85.7) (41.2) (30.1) (82.6) 1 7 8.9 8.1 3.4 2.1 1.7 0.4 (2.4) (3.3) (3.3) (1.9) (4) (239.3) (224) (219.5) (229.9) 0 0 0 0 0
Total Stockholders' Equity 2,994 4,054 3,957 3,949 3,700 3,565 3,905 3,778 3,575 3,318 3,191 3,144 2,891 2,519 2,255 2,294 2,394 2,727 2,430 2,186 2,030 1,569 1,497 1,041 576 612 472.6 352.8 123.2 459 400.1 242.9 199.7 (327.7) (369.1) (679.8) (927.1) (1,225) (564.5) (600) (581.6) (500.1) (541.6) (606.2) (757.3) (924.9) (609.5) 62.1 99.6 (32.1) (139.5) (271.9) (327) (180.5) (295.6) (256.5) (323.9) (282.5) (261.1) (302.6) (332.4) (223.1) (433.6) (461.9) (367.9) (371) (326.9) (253.7)
Total Liabilities & Equity 14,732 15,830 15,415 15,487 15,096 15,505 15,769 15,013 15,011 14,622 14,191 14,691 14,719 14,349 13,939 14,315 14,739 14,680 14,414 12,552 12,500 12,409 11,672 11,298 11,306 10,265 9,477.8 9,591.6 9,518.1 9,526.2 8,439.1 8,751.6 9,014 8,605.2 8,304.9 6,536.3 5,435.9 5,327.3 5,019.3 5,044.9 5,114.9 1,957.7 2,003.3 2,003.3 1,873.9 1,802.1 1,551.6 1,001.3 1,056.5 941.4 720.9 684.9 630.8 634.4 473.5 462 399.6 398.3 297 1,428.4 1,811.4 1,785.7 1,713.2 1,720 1,821.3 1,789.2 1,669.3 1,816.3
Debt Metrics
Total Debt 7,313 7,351 7,645 7,282 7,136 7,746 7,923 7,303 7,333 7,415 7,272 7,672 7,917 7,863 7,969 8,183 8,332 7,973 8,049 6,833 6,840 6,943 6,893 6,874 7,340 6,155 5,822.5 5,987.2 6,158.3 5,676 4,954.5 5,324 5,507.6 5,540.5 5,721.4 4,887.1 4,075.7 3,363 3,418.1 3,420.4 3,428.6 1,106.4 744.4 1,193.7 1,330.4 1,410.5 1,000 300 300 300 300 393.1 435.6 300 300 300 300 300 195.5 291.9 38.9 127.3 102.6 129.2 64.3 36.9 1.5 0
Net Debt 5,844 4,967 5,464 5,108 4,997 5,338 5,281 4,668 4,857 5,285 5,266 5,394 5,798 6,094 6,313 6,566 6,582 6,162 5,810 4,024 4,071 4,346 4,401 4,775 5,199 4,323 4,644.5 4,791.3 4,961.7 3,991 3,919.7 4,009.5 4,230.3 4,469 4,758.6 1,606.2 1,946.1 1,311.5 1,672 1,746.1 1,852.5 620.5 248 719.8 937.6 1,068.8 578.9 (32.3) (68.1) 30.9 218.8 335.3 395.7 230.1 125.3 135.6 201 180.9 172.9 237.1 (31.1) 14.1 31.8 52.8 (6.6) (53.7) (154.9) (247.9)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 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
Operating Activities
Net Income 661 610 648 578 625 395 534 552 577 340 389 377 501 246 303 327 498 427 474 577 736 314 467 509 488 359 379.4 310.3 372.9 250.3 310.2 376.2 372.9 25.5 317.3 312.2 345.6 (428.6) 255.3 258.1 186.6 146.6 145.4 118.7 103.5 103.5 85.5 85.6 100.9 91.9 69.8 67.8 78.7 72.6 58.8 49.9 55.5 40.4 (17.6) 67.9 67.8 63.1 66.1 66.4 60.4 86.6 68.7
Depreciation & Amortization 122 124 123 120 113 113 108 110 100 97 95 93 88 89 83 81 78 77 61 60 59 57 56 58 49 50 48.6 51 50.3 48.3 46.1 48.4 49.1 49.9 43 32.9 32.5 32.9 32.7 31.2 29.9 8.8 8.7 8.6 8.7 8.3 8.8 8.1 7.9 7.8 7.2 7.1 6.2 4.1 4.5 4.4 4 3.8 (43.6) 22.3 34.1 35.8 33.5 36.2 35.4 36.4 34.3
Stock-Based Compensation 58 0 174 0 56 54 57 0 53 50 0 0 0 39 46 0 0 48 41 41 45 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 23.5 25.4 0 0 16.9 0 5.2 10.8 0 0 2.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 70 143 284 (221) (63) 165 8 (39) 16 (23) (50) 63 (28) 54 (89) (210) (182) (91) (2) (99) (208) 273 18 41 (294) 47.7 (14.8) (30.6) (106.3) 68.8 (18.1) (67) (65.3) 365.5 97.9 129.3 (1,044.5) 934.3 37.6 (22.4) 0.4 21.6 11 (9.4) (2.6) (31.6) 29.2 46.9 (19) (29.5) 11.6 27.7 (5.1) (39.2) 1.5 50.5 2.2 17.7 16 (137.6) (1.6) (98.6) 1.8 38.7 (36.7) (108.2) 18.9
Other Non-Cash Items 5 38 (509) 67 8 18 12 63 4 41 59 50 47 (41) 0 58 46 (23) 0 0 0 13 17 35 45 38.6 47 73.5 36.4 32.7 32.3 36.1 39 37 (35.7) (11.1) (31) (8.9) 8.8 (1.3) (16.3) 23.7 24 38.6 13.5 26.2 2.5 11.7 12.8 6.9 3 22 1.3 0 3.2 0 0 0.3 170.6 (174.1) (1.1) 5.2 (17.7) (15.6) 8.2 38.3 (65.6)
Operating Cash Flow 939 858 743 543 757 674 703 686 775 477 462 604 608 377 336 291 470 299 436 594 676 658 511 632 345 479.5 441 387.4 367.1 376.5 307.3 385.8 391.5 404.8 390.4 464.7 (512.4) 369.5 327.8 291.5 237.3 200.7 189.1 156.5 123.1 106.4 136.4 152.3 102.6 77.1 91.6 124.6 81.1 37.5 68 104.8 61.7 60 129.9 (221.5) 99.2 68 83.7 125.7 67.3 21.1 42.3
Investing Activities
Capital Expenditure (95) (81) 160 (75) (85) (74) (72) (93) (78) (73) (71) (54) (73) (79) (71) (74) (59) (62) (33) (30) (14) (20) (21) (41) (21) (8.1) (22.2) (18.7) (20) (27.5) (25) (22.9) (15) (21.2) (26.6) (24.1) (18.7) (30.4) (30.5) (28) (26.3) (6.9) (6.2) (5.5) (4.8) (6.6) (5.2) (3.9) (4.6) (4.2) (4.8) (6.7) (3.7) (2.9) (4) 0 0 (2.1) 5 (4) (11.2) (15.3) (7.3) (11.2) (10.3) 40.8 (72.7)
Acquisitions (23) 40 (4) 0 (223) (111) (98) 0 (12) 0 0 (3) 0 0 (5) (9) (83) (153) (1,888) 0 (138) (204) (1) (19) (696) 185.3 (84.3) (36.7) (12.3) (254.3) (35) 0 5.7 (2.3) (3,506) (6.2) (5) (47.1) (3.2) 0 (75.9) 0 0 0 0 0 0.8 0 0 1.1 (206.1) 0.4 0 0 (9.8) (1.3) 0 0 0 0 (17.4) 0 0 0 0 0 26.5
Purchases of Investments (39) (35) (42) (79) (51) (28) (538) (37) (52) (40) (53) (10) (45) (76) (62) (136) (46) (300) (28) (44) (65) (51) (22) (30) (78) (27.4) (40.7) (32.1) (37.8) (50.5) (50.3) (41.9) (50.3) (46.1) (48.7) (40.8) (34.5) (100.2) (105.2) (39.9) (134.6) (127.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1.1) (4.2) (4) (3.7) (9.9) (12.1) (17.3)
Sales/Maturities of Investments 66 34 77 28 551 32 24 35 46 59 34 27 55 65 54 72 27 45 17 40 45 47 12 22 23 35.1 46.4 41.9 50.6 39.7 41.8 38 41.1 54.7 22.2 84.8 76.8 260.8 143.8 169 128.4 55 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3 0.9 6.2 2.8 4.5 9 13.4 15.9
Other Investing Activities 0 0 (245) 0 32 0 0 0 0 0 0 0 0 0 84 136 0 12 22 (23) (22) (2) 2 0 0 0.9 4.1 0 0 0 0 0 0 0 111.8 1.4 0 (24.1) 0 129.1 (6.2) 0 (7.8) (5.5) (0.3) (2.8) (1.1) 0 0 1.1 206.1 0.2 (206) (0.1) 11.9 (4.2) (7.8) (2.7) 22 (16.8) (6.5) (10.1) (18.8) (29) (8.8) (77.7) 55.8
Investing Cash Flow (91) (42) (54) (126) 224 (181) (684) (95) (96) (54) (90) (40) (63) (90) 0 (11) (161) (458) (1,910) (57) (194) (230) (30) (68) (772) 185.8 (96.7) (45.6) (19.5) (292.6) (68.5) (26.8) (18.5) (14.9) (3,447.3) 15.1 18.6 59 4.9 101.1 (108.4) (79.6) (14) (5.5) (5.1) (9.4) (5.5) (3.9) (4.6) (3.1) (4.8) (6.1) (209.7) (3) (13.8) (5.5) (7.8) (4.8) 27 (20.5) (35.3) (23.4) (27.3) (39.4) (20) (35.6) 8.2
Financing Activities
Net Debt Issuance 0 0 0 0 (700) 0 491 0 0 0 (300) (200) 0 (126) (8) 0 486 (24) 1,165 0 0 0 (26) (503) 1,178 305.8 (130.2) (190.4) (132.2) 705 (364.9) (152.1) (40) (184.3) 813.4 759.1 706.9 0 0 0 0 (0.3) (0.3) (0.3) (0.3) (0.3) 0.9 (0.3) (93.4) (14.3) 0 0 0 0 0 0 0 104.5 28.4 253.8 (86.7) 24.8 (26.2) (187.2) 279 35.4 0.7
Stock Repurchased (1,547) (444) 745 (319) (426) (486) (431) (293) (173) (216) (173) (86) (86) (2) (114) (336) (618) (123) (128) (399) (183) (253) (1) (29) (324) (264.1) (113.8) (191.3) (498.8) (55.6) (66.7) (57.1) (85.4) (36.6) (29.5) (79.9) (102.5) (60.3) (193.8) (223.8) (262.1) (309) 0 0 (155.7) (30.5) (58.3) (64) 0 (50.5) (226.7) (110.3) (1.8) (31.1) (72.3) (98.8) 0 0 0 0 (3.5) (10.4) (11.9) 695.4 (911) (79.1) (113.2)
Dividends Paid (185) (167) (168) (171) (195) (155) (156) (154) (155) (140) (141) (142) (141) (128) (128) (129) (130) (116) (115) (116) (116) (105) (105) (105) (105) (94.4) (94.6) (94.6) (94.4) (84.3) (84.3) (84.5) (84.1) (72.6) (72.6) (72.6) (72.6) (70.6) (70.9) (71.5) (72.1) (16.6) (16.6) (11.2) (11.2) (11.2) (6.7) (6.8) (6.6) (6.7) (6.7) (7.2) (6.9) (7) (7) (7.1) (7.1) (147.3) (94.7) (29.9) (29.9) (29.8) (29.8) (29.9) (30.6) (30.2) (31.7)
Other Financing Activities 0 (3) (1,219) (1) 0 (6) 0 (1) 0 (7) (2) 0 0 0 0 97 (98) (2) (2) (1) 0 0 0 (1) 0 (2.2) 0 124.5 (125.3) (0.4) (2.7) 0 (1.3) 0 (2.4) (0.6) (0.2) 43.8 (30.7) 10.4 (21.3) (2) 0 0 0 0 0 0 0 0 107.1 0 0 0 14.3 0 0 (211.2) 1.8 1.2 (2.7) 6.2 0.7 (325.5) (272.4) 4.5 (1)
Financing Cash Flow (1,719) (609) (674) (482) (1,298) (634) (81) (423) (308) (353) (607) (408) (216) (251) (245) (360) (352) (257) 927 (502) (290) (348) (120) (625) 765 (46.3) (331) (337.2) (836.5) 568.7 (512.6) (285.3) (182.3) (287.2) 719.1 623 553.7 (81.8) (259.8) (283.6) (339.2) (313.9) (16.5) 21.4 (152.7) 0.7 (43.4) (50.1) (76) (58.2) (117.1) (127.1) 27 (19.4) (67) (89.9) 11.9 40.6 (84.2) 232 (106.8) (2.5) (62.3) (80.4) (66.5) (50.4) (141.9)
Cash Position
Net Change in Cash (915) 203 7 35 (269) (234) 7 159 346 124 (272) 159 350 113 39 (133) (61) (428) (570) 40 172 105 393 (42) 309 654 (17.9) (0.7) (488.4) 650.2 (279.7) 37.2 205.8 108.7 962.8 3,280.9 0 0 0 98.2 (181.3) (194.1) 153.8 170.9 (35.8) 99 89.2 98.7 23.4 17.9 (30) (8.6) (99.3) 14.6 (11.5) 10.3 65.4 96.5 (32.2) (15.2) (43.2) 42.4 (5.6) 5.5 (19.7) (65.8) (91.5)
Cash at Beginning 2,384 2,181 2,174 2,139 2,408 2,642 2,635 2,476 2,130 2,006 2,278 2,119 1,769 1,656 1,617 1,750 1,811 2,239 2,809 2,769 2,597 2,492 2,099 2,141 1,832 1,178 1,195.9 1,196.6 1,685 1,034.8 1,314.5 1,277.3 1,071.5 962.8 3,280.9 2,129.6 2,051.5 1,746.1 1,674.3 1,576.1 1,757.4 930.8 777 606.1 368.1 269.1 179.9 81.2 57.8 39.9 69.9 78.5 177.8 163.2 174.7 164.4 99 22.6 54.8 70 113.2 70.8 76.4 0 90.6 0 0
Cash at End 1,469 2,384 2,181 2,174 2,139 2,408 2,642 2,635 2,476 2,130 2,006 2,278 2,119 1,769 1,656 1,617 1,750 1,811 2,239 2,809 2,769 2,597 2,492 2,099 2,141 1,832 1,178 1,195.9 1,196.6 1,685 1,034.8 1,314.5 1,277.3 1,071.5 962.8 3,280.9 2,129.6 2,051.5 1,746.1 1,674.3 1,576.1 736.7 930.8 777 332.3 368.1 269.1 179.9 81.2 57.8 39.9 69.9 78.5 177.8 163.2 174.7 164.4 119.1 22.6 54.8 70 113.2 70.8 5.5 70.9 (65.8) (91.5)
Free Cash Flow 844 777 903 468 672 600 631 593 697 404 391 550 535 298 265 217 411 237 403 564 662 638 490 591 324 471.4 418.8 368.7 347.1 349 282.3 362.9 376.5 383.6 363.8 447.7 (531.1) 339.1 297.3 263.5 211 193.8 182.9 151 118.3 99.8 131.2 148.4 98 72.9 86.8 117.9 77.4 34.6 64 104.8 61.7 57.9 134.9 (225.5) 88 52.7 76.4 114.5 57 61.9 (30.4)
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 2,079 1,889 2,007 1,898 1,924 1,672 1,813 1,817 1,786 1,480 1,472 1,494 1,470 1,290 1,275 1,381 1,522 1,539 1,526 1,553 1,600 1,290 1,356 1,435 1,290 1,233 1,240.5 1,213.6 1,142.1 1,060.1 1,080.8 1,175.1 1,126.7 1,165.5 1,062.9 1,000.5 975.2 942.1 917.1 928.9 816.1 865.9 834.9 918.1 865.6 877.5 816.1 873.5 767.2 779.2 705.5 756 731.8 754.2 688.5 640.8 646.8 567.1 531.3 605.2 577.1 564.3 513.3 477.8 476.6 485.8 451.8 450.7 408.9 403.7 433.4 487.6 430.7 504.9 525 646.1 583 590 495.5 511.4 440.2 473.2 421.1 446.8 390.5 391.6 357.9 357.6 331.2 350.7 312.7 271.9 271.5 220.9 205.2 180.2 161.1 152.5 347.8 495.7
Gross Profit 1,548 1,263 1,392 1,284 1,322 1,062 1,192 1,237 1,216 962 965 975 954 791 799 907 1,027 977 1,071 1,128 1,148 824 936 1,015 901 828 841.7 822.7 750.1 707.7 728.4 806.5 762.7 774.7 704.3 682.8 665.3 643.9 631.2 670 566.9 614 598.8 674.2 621.2 622 579.4 651.4 551.2 558.2 502 558.9 531 532.6 481.2 460.2 461.3 385.9 360.3 434.7 416.3 383.4 359.6 343.5 340.7 338.9 316.7 322.7 286.5 598.1 202.6 250.3 211.1 725.1 262.1 372.8 315 673 278.6 298.4 440.2 375 421.1 261.5 221.1 16.2 357.9 357.6 331.2 3.4 312.7 (13.4) 271.5 220.9 205.2 180.2 161.1 152.5 214.9 348.9
Operating Income 922 795 917 843 882 621 759 791 802 534 562 560 568 388 414 539 656 512 676 801 855 474 665 708 600 509 549.8 548 468.6 429.5 468.1 536 491.6 471.3 458.6 466.7 443.4 390.7 405.9 410.2 304.1 333.1 349.7 419.3 371.3 344.7 349.7 411.7 333 311.9 291.5 350.8 280.4 260.2 269.7 278.5 269 172.1 196.1 270.1 250.1 196.6 188.9 190.5 196.8 178.9 172.5 187.2 148.9 125.4 189.8 233.7 199.3 212.1 250.5 363.7 304.7 463.3 268.8 289.1 238.3 242.4 231.9 252.8 212.5 206.2 197.8 199.5 182.9 176.1 176.7 129 147 111 104 89.8 77 72.9 48.2 119.8
Net Income 661 610 646 578 625 395 534 552 577 340 389 377 501 246 303 327 498 427 474 577 736 314 467 509 488 359 379.4 310.3 372.9 250.3 310.2 376.2 372.9 25.5 317.3 312.2 345.6 (428.6) 255.3 255.5 184.4 217.9 231.6 261.7 230.1 236.3 215.2 319.2 218 206.7 183.9 225.5 188.4 160.1 183.9 172.5 173.5 96.2 130.7 189 155.5 137.4 136 121 113.4 101.9 100.6 111 90.2 88.7 113 135.2 120.7 127.3 136.9 261.9 175.4 278.6 157 172.1 146.2 150.1 146.6 145.4 118.7 122.6 95.5 103.5 103.5 85.5 100.9 69.8 78.7 58.8 55.5 48 40.4 40.5 67.9 67.8
EPS (Diluted) 3.73 3.41 3.60 3.20 3.46 2.17 2.93 3.02 3.15 1.85 2.11 2.05 2.72 1.34 1.65 1.77 2.68 2.28 2.53 3.07 3.90 1.66 2.47 2.69 2.57 1.88 1.99 1.62 1.93 1.29 1.59 1.94 1.92 0.13 1.63 1.61 1.78 -2.22 1.31 1.30 0.93 1.09 1.14 1.28 1.11 1.12 1.00 1.48 1.00 0.94 0.83 1.00 0.83 0.70 0.81 0.76 0.76 0.43 0.57 0.82 0.67 0.60 0.58 0.51 0.47 0.43 0.42 0.47 0.38 0.38 0.46 0.54 0.48 0.51 0.51 0.95 0.62 1.00 0.55 0.59 0.49 0.52 0.48 0.47 0.39 0.41 0.32 0.34 0.34 0.29 0.33 0.24 0.25 0.19 0.17 0.15 0.13 0.12 0.21 0.21
Balance Sheet
Cash & Equivalents 1,469 2,384 2,181 2,174 2,139 2,408 2,642 2,635 2,476 2,130 2,006 2,278 2,119 1,769 1,656 1,617 1,750 1,811 2,239 2,809 2,769 2,597 2,492 2,099 2,141 1,832 1,178 1,195.9 1,196.6 1,685 1,034.8 1,314.5 1,277.3 1,071.5 962.8 3,280.9 2,129.6 2,051.5 1,746.1 1,674.3 1,576.1 485.9 496.4 473.9 392.8 341.7 421.1 332.3 368.1 269.1 81.2 57.8 39.9 69.9 174.7 164.4 99 119.1 22.6 54.8 70 113.2 70.8 76.4 70.9 90.6 156.4 247.9
Total Assets 14,732 15,830 15,415 15,487 15,096 15,505 15,769 15,013 15,011 14,622 14,191 14,691 14,719 14,349 13,939 14,315 14,739 14,680 14,414 12,552 12,500 12,409 11,672 11,298 11,306 10,265 9,477.8 9,591.6 9,518.1 9,526.2 8,439.1 8,751.6 9,014 8,605.2 8,304.9 6,536.3 5,435.9 5,327.3 5,019.3 5,044.9 5,114.9 1,957.7 2,003.3 2,003.3 1,873.9 1,802.1 1,551.6 1,001.3 1,056.5 941.4 720.9 684.9 630.8 634.4 473.5 462 399.6 398.3 297 1,428.4 1,811.4 1,785.7 1,713.2 1,720 1,821.3 1,789.2 1,669.3 1,816.3
Total Debt 7,313 7,351 7,645 7,282 7,136 7,746 7,923 7,303 7,333 7,415 7,272 7,672 7,917 7,863 7,969 8,183 8,332 7,973 8,049 6,833 6,840 6,943 6,893 6,874 7,340 6,155 5,822.5 5,987.2 6,158.3 5,676 4,954.5 5,324 5,507.6 5,540.5 5,721.4 4,887.1 4,075.7 3,363 3,418.1 3,420.4 3,428.6 1,106.4 744.4 1,193.7 1,330.4 1,410.5 1,000 300 300 300 300 393.1 435.6 300 300 300 300 300 195.5 291.9 38.9 127.3 102.6 129.2 64.3 36.9 1.5 0
Stockholders' Equity 2,994 4,054 3,957 3,949 3,700 3,565 3,905 3,778 3,575 3,318 3,191 3,144 2,891 2,519 2,255 2,294 2,394 2,727 2,430 2,186 2,030 1,569 1,497 1,041 576 612 472.6 352.8 123.2 459 400.1 242.9 199.7 (327.7) (369.1) (679.8) (927.1) (1,225) (564.5) (600) (581.6) (500.1) (541.6) (606.2) (757.3) (924.9) (609.5) 62.1 99.6 (32.1) (139.5) (271.9) (327) (180.5) (295.6) (256.5) (323.9) (282.5) (261.1) (302.6) (332.4) (223.1) (433.6) (461.9) (367.9) (371) (326.9) (253.7)
Cash Flow
Operating Cash Flow 939 858 743 543 757 674 703 686 775 477 462 604 608 377 336 291 470 299 436 594 676 658 511 632 345 479.5 441 387.4 367.1 376.5 307.3 385.8 391.5 404.8 390.4 464.7 (512.4) 369.5 327.8 291.5 237.3 200.7 189.1 156.5 123.1 106.4 136.4 152.3 102.6 77.1 91.6 124.6 81.1 37.5 68 104.8 61.7 60 129.9 (221.5) 99.2 68 83.7 125.7 67.3 21.1 42.3
Capital Expenditure (95) (81) 160 (75) (85) (74) (72) (93) (78) (73) (71) (54) (73) (79) (71) (74) (59) (62) (33) (30) (14) (20) (21) (41) (21) (8.1) (22.2) (18.7) (20) (27.5) (25) (22.9) (15) (21.2) (26.6) (24.1) (18.7) (30.4) (30.5) (28) (26.3) (6.9) (6.2) (5.5) (4.8) (6.6) (5.2) (3.9) (4.6) (4.2) (4.8) (6.7) (3.7) (2.9) (4) 0 0 (2.1) 5 (4) (11.2) (15.3) (7.3) (11.2) (10.3) 40.8 (72.7)
Free Cash Flow 844 777 903 468 672 600 631 593 697 404 391 550 535 298 265 217 411 237 403 564 662 638 490 591 324 471.4 418.8 368.7 347.1 349 282.3 362.9 376.5 383.6 363.8 447.7 (531.1) 339.1 297.3 263.5 211 193.8 182.9 151 118.3 99.8 131.2 148.4 98 72.9 86.8 117.9 77.4 34.6 64 104.8 61.7 57.9 134.9 (225.5) 88 52.7 76.4 114.5 57 61.9 (30.4)