Martin Marietta Materials, Inc. logo MLM - Martin Marietta Materials, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 23
HOLD 17
SELL 0
STRONG
SELL
0
| PRICE TARGET: $697.40 DETAILS
HIGH: $785.00
LOW: $608.00
MEDIAN: $696.00
CONSENSUS: $697.40
UPSIDE: 30.00%
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 1,362 1,534 1,846 1,811 1,353 1,631 1,889 1,764 1,251 1,608.2 1,994 1,821 1,354 1,476.5 1,811.7 1,641.7 1,230.8 1,496.4 1,557.3 1,377.9 982.4 1,179.6 1,321.4 1,270.6 958.2 1,100.4 1,420.2 1,279.5 939 1,020.2 1,219.6 1,202.4 802.0 970.5 1,087.7 1,063.5 843.9 948.8 1,103.9 977.3 788.7 844.6 1,082.2 921.4 691.3 856.4 1,003.7 669.2 428.6 545.0 665.3 561.3 383.9 504.1 592.3 545.7 394.0 329.6 502.4 462.4 327.9 428.0 509.4 504.6 340.9 373.9 488.0 465.4 374.6 471.5 598.7 597.8 451.6 530.4 615.4 590.3 459.7 529.7 601.7 587.0 482.9 499.1 563.9 543.8 389.7 435.7 495.7 462.3 340.1 416.2 471.9 400.8 464.4 440.1 477.4 300.8 498.6 430.5 362.5 276.1
Cost of Revenue 1,052 1,066 1,235 1,267 1,018 1,141 1,290 1,247 979 1,124.8 1,318 1,261 1,051 1,122.3 1,323.9 1,216.5 1,074.7 1,149.7 1,115.4 992.8 807.7 854.2 916.9 890.1 815.8 841.9 999.6 922.6 796.1 792.9 906.7 886.5 691.6 711.4 796.1 789.4 696.8 723.8 810.6 729.9 643.5 659.7 819.7 721.3 617.1 691.0 808.1 533.6 402.8 444.0 522.2 454.3 371.1 427.7 468.2 443.6 370.1 256.7 390.5 364.8 305.3 357.1 395.6 386.9 321.3 314.1 370.2 353.7 326.0 367.3 447.1 458.4 376.4 399.0 448.1 412.4 365.5 392.5 452.4 433.9 398.6 387.1 429.0 414.2 340.1 340.3 384.3 356.3 304.3 342.4 370.8 343.1 355.3 362.9 383.9 273.7 295.3 335.0 265.6 231.8
Gross Profit 310 468 615 544 335 490 599 517 272 483.4 676 560 303 354.2 487.8 425.2 156.1 346.7 441.9 385.1 174.7 325.4 404.5 380.5 142.4 258.6 420.6 356.9 142.9 227.3 313.0 315.9 110.4 259.1 291.7 274.1 147.1 225.1 293.3 247.4 145.2 184.8 262.5 200.2 74.3 165.3 195.6 135.6 25.8 101.0 143.1 107.0 12.8 76.4 124.0 102.1 23.8 73.0 111.9 97.5 22.7 70.8 113.8 117.7 19.6 59.8 117.7 111.7 48.5 104.1 151.6 139.5 75.1 131.4 167.3 177.9 94.2 137.2 149.3 153.1 84.3 112.0 134.9 129.6 49.7 95.4 111.4 106.0 35.9 73.8 101.1 57.7 109.1 77.2 93.5 27.2 203.3 95.4 96.8 44.4
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 3.3 9.5 0 0.1 0.3 0.3 0 0 9.2 25.9 18.6 0.7 1.7 1.0 0.0 0.1 0.0 0.0 0.0 0.1 0.2 0.1 0.1 0.1 0.1 0.2 0.3 0.2 0.2 0.2 0.3 0.2 0.1 0.2 0.1 0.2 0.2 0.1 0.4 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.3 0.4 0.5 0.6 0.6 0.6
SG&A Expenses 133 103 101 109 130 106 105 117 118 118.7 108 112 104 100.7 94.9 104.1 97.1 102.8 86 82.4 79.8 84.9 71.1 71.2 78.7 73.7 78.2 72.4 78.3 70.9 68.4 71.1 70.1 67.0 57.2 68.4 69.5 70.3 54.8 59.8 58.3 57.1 54.9 56.8 49.5 50.0 48.4 36.6 34.2 37.5 37.1 37.8 37.6 38 32.1 35.3 33.0 29.8 32.8 31.0 28.6 34.9 31.2 33.6 33.6 32.5 32.9 36.8 37.2 33.9 37.7 42.0 37.7 36.2 36.4 44.3 38.3 38.1 35.3 33.6 36.2 33.5 33.5 29.6 31.8 32.1 30.8 32.8 31.6 25.4 28.9 28.4 28.5 26.4 28.7 24.6 26.5 24.0 24.7 23.6
Other Expenses 15 0 9 (23) 11 (15) 5 2 (1,267) (5.4) 1 (15) 3 (8.8) (13) (157.5) (0.9) 33.8 (1) (4.8) (4.4) (0.1) (67.2) 2.9 5.9 0.3 (2.9) (1.4) (4.6) 9.3 3.9 (19.1) 1.2 8.7 7.5 (7.1) 0.4 (0.7) (4.1) (3.2) 0.9 (9.6) 28.1 6.4 (0.8) (3.2) 31.2 (0.5) (2.0) 0.7 (3.0) (0.8) (1.8) (1.5) 0.4 (1.7) 0.2 (0.5) (1.6) 0.1 (2.5) 1.2 (1.4) (6.5) (1.1) 12.7 (4.4) 1.8 0.3 9.5 (1.2) (7.6) (5.6) (6.6) (6.2) (3.1) (2.5) (3.5) (2.2) 0 (3.6) (5.5) (6.6) 0 (1.8) (8.4) (2.2) (1.4) (0.2) (2.0) 1.9 0 (0.5) 0 0 0 136.4 0 0 0
Operating Expenses 148 103 110 86 141 91 110 119 (1,149) 113.3 109 97 107 91.9 81.9 (53.4) 96.2 136.6 85 77.6 75.4 84.8 3.9 74.1 84.6 74.0 75.3 71 73.7 80.2 72.3 52.0 71.3 75.7 64.7 61.2 69.9 69.6 50.6 56.6 59.2 47.5 83.0 63.2 48.7 46.8 79.6 39.4 41.7 38.2 34.3 37.4 36.1 36.5 32.5 42.8 59.2 47.8 31.9 32.8 27.1 36.1 30.0 27.1 32.5 45.3 28.5 38.8 37.6 43.5 36.7 34.6 32.3 29.9 30.4 41.4 36.0 34.9 33.3 33.7 32.7 28.2 27.1 29.8 30.2 24.0 28.8 31.5 31.5 23.6 31.0 28.6 28.2 26.5 29.0 25.0 163.4 24.6 25.3 24.2
Operating Income
Operating Income 162 365 505 458 194 399 489 398 1,421 370.1 567 463 196 262.3 405.9 478.6 59.9 210.1 356.9 307.5 99.3 240.6 400.6 306.4 57.8 184.5 345.3 285.9 69.2 147.0 240.7 264.0 39.1 183.4 227.0 212.9 77.2 155.5 242.7 190.8 86.0 137.4 179.5 137.0 25.6 118.6 116.0 96.2 (15.9) 62.8 108.8 69.6 (23.3) 39.9 91.5 59.2 (35.3) 25.1 80.0 64.7 (4.4) 34.7 83.9 90.7 (12.9) 14.5 89.2 72.9 10.9 60.6 114.9 104.9 42.9 101.5 136.9 136.6 58.2 102.3 116.0 119.4 51.6 83.8 107.8 99.9 19.5 71.3 82.6 74.4 4.3 50.1 70.2 29.1 80.9 50.8 64.5 2.2 39.9 70.8 71.6 20.1
Interest Expense 56 57 59 57 56 50 38 40 40 40.2 41 42 42 42.6 42.8 43.1 40.5 42.8 44.3 28.1 27.4 28.4 28.7 31.2 29.8 30.6 32.4 33.3 32.9 33.5 35.5 33.0 35.1 23.4 23.1 24.0 20.9 20.8 20.6 20.3 20.0 18.9 18.9 19.1 19.3 21.1 19.8 12.9 12.2 12.8 13.5 13.6 13.5 13.4 13.2 13.3 13.5 13.3 13.4 13.7 18.2 16.9 17.1 16.8 17.6 18.1 18.2 18.7 18.5 0 19.5 19.3 15.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 329 493 668 635 358 552 648 554 1,584 511.6 713 611 337 401.3 536.9 629 198.9 342.4 476 424.1 207.4 338 503.4 408.6 150.8 281.5 442.2 365.5 160 240.4 334.6 357.8 124.4 262.8 302.8 294.0 148.1 230.4 323.3 267.0 153.2 205.1 249.0 207.7 91.9 188.9 185.7 140.2 23.1 106.4 152.8 113.1 19.1 84.2 135.2 103.6 10.9 69.3 121.1 107.5 39.1 80.3 129.8 134.8 32.7 60.3 136.3 119.0 52.5 100.4 158.1 148.0 81.9 140.8 174.6 174.0 94.2 141.1 152.1 153.4 84.3 118.6 143.5 134.3 52.7 104.3 115.7 107.6 37.9 85.9 104.8 64.8 115.3 50.8 64.5 2.2 39.9 70.8 71.6 20.1
EBIT 162 336 509 468 204 403 496 412 1,454 383 581 482 213 275.6 413.2 500.6 70.7 210.7 362.5 316.2 108.8 236.7 404.6 310.2 55.8 186.9 347.2 272.7 70.8 149.6 244.9 271.1 47.6 187.0 227.4 218.3 77.7 157.1 250.9 195.8 84.8 141.4 184.0 140.0 24.7 120.3 117.8 96.5 (19.4) 62.7 108.7 70.2 (23.9) 39.9 90.9 59.3 (33.5) 25.5 77.9 64.4 (4.2) 34.7 84.4 89.3 (12.3) 14.2 90.4 74.3 9.9 54.9 114.1 105.2 43.0 101.5 136.9 136.6 58.2 102.3 116.0 119.4 51.6 83.8 107.8 99.9 19.5 71.3 82.6 74.4 4.3 50.1 70.2 29.1 80.9 50.8 64.5 2.2 39.9 70.8 71.6 20.1
Income Before Tax 117 279 450 411 148 353 458 372 1,414 342.8 540 440 171 233 370.4 457.5 30.2 167.9 318.2 288.1 81.4 208.3 375.9 279 26 156.3 314.8 239.4 37.9 116.0 209.4 238.1 12.5 163.6 204.3 194.2 56.8 136.4 230.3 175.5 64.8 122.5 165.1 120.9 5.3 99.2 98.0 83.6 (31.6) 49.9 95.2 56.6 (37.4) 26.6 77.7 46.0 (47.0) 12.2 64.5 50.6 (22.4) 17.8 67.3 72.5 (29.9) (3.9) 72.2 55.6 (8.6) 38.2 94.6 85.9 27.1 87.1 120.9 120.7 49.7 92.4 105.7 110.0 43.7 74.3 96.9 88.2 10.9 60.9 71.2 64.0 (5.6) 37.8 58.5 18.5 61.2 39.6 59.1 (7.0) 30.9 61.9 64.7 11.3
Income Tax Expense 38 46 89 83 32 59 95 78 368 55.1 110 92 36 45.4 79.2 104.4 5.8 11.5 63.6 62.3 15.9 25.2 81.5 61.4 0.1 25.2 66.2 49.9 (5) 21.6 29.1 52.6 2.5 (213.7) 52.8 52.0 14.5 37.6 70.9 53.4 19.7 39.3 47.5 38.9 (0.8) 35.3 44.1 23.9 (8.4) 14.4 22.9 15.1 (8.4) 4.8 13.7 8.6 (9.9) 0.9 14.1 13.8 (6.1) 2.7 14.1 17.5 (5.0) (1.3) 15.3 15.5 (2.2) 12.6 26.2 26.3 6.9 29.8 31.0 38.3 16.8 30.0 29.2 34.2 13.8 24.5 20.8 25.4 2.3 23.3 17.8 19.0 (1.7) 8.7 18.7 2.4 18.4 14.5 20.1 (2.4) 10.4 19.8 22.6 4.0
Net Income 1,513 279 414 328 116 294 363 294 1,045 282.5 417 348 121 183.6 295.3 366.5 21.4 156.8 254.6 225.8 65.3 183 294.4 217.6 25.9 131.0 248.6 189.5 42.9 94.4 180.2 185.4 10.0 377.2 151.5 142.3 42.3 98.9 159.5 122.1 45.0 83.2 117.5 81.9 6.1 64.0 53.7 59.5 (21.6) 36.0 71.8 41.3 (27.8) 21.5 62.9 36.8 (36.7) 14.8 49.2 35.8 (17.4) 14.8 52.0 54.4 (24.2) (3.2) 55.5 38.9 (5.8) 25.3 66.3 63.8 20.9 56.5 90.3 83.0 33.0 62.5 76.2 75.8 31.0 47.8 76.4 61.5 7.1 37.0 54.0 44.7 (6.5) 29.3 39.6 4.6 53.4 25.1 39.0 (4.7) 20.5 42.1 42.1 7.3
Per Share Data
EPS (Basic) 25.11 4.63 6.87 5.44 1.91 4.81 5.93 4.77 16.92 4.57 6.74 5.62 1.96 2.96 4.74 5.87 0.34 2.51 4.08 3.62 1.05 2.94 4.72 3.49 0.42 2.10 3.97 3.02 0.68 1.50 2.86 2.94 0.16 5.98 2.40 2.26 0.67 1.56 2.50 1.91 0.70 1.27 1.75 1.23 0.07 0.95 0.80 1.28 -0.47 0.78 1.55 0.89 -0.61 0.47 1.36 0.80 -0.81 1.07 0.78 -0.39 1.13 1.18 -0.54 1.23 0.86 -0.14 1.58 1.52 0.50 2.16 1.95 0.74 1.68 1.66 0.68 1.65 1.32 0.15 1.12 0.93 -0.14 0.81 1.10 0.82 -0.10 0.90 0.90 0.16
EPS (Diluted) 25.06 4.62 6.85 5.43 1.90 4.79 5.91 4.76 16.87 4.55 6.72 5.61 1.95 2.95 4.73 5.86 0.34 2.50 4.07 3.61 1.04 2.93 4.71 3.49 0.41 2.09 3.96 3.01 0.68 1.50 2.85 2.92 0.16 5.95 2.39 2.25 0.67 1.55 2.49 1.90 0.69 1.26 1.74 1.22 0.07 0.94 0.79 1.27 -0.47 0.77 1.54 0.89 -0.61 0.46 1.36 0.80 -0.81 1.07 0.78 -0.39 1.13 1.18 -0.54 1.23 0.86 -0.14 1.57 1.51 0.50 2.13 1.92 0.73 1.65 1.63 0.66 1.62 1.30 0.15 1.11 0.92 -0.14 0.81 1.09 0.82 -0.10 0.90 0.90 0.16
Shares Outstanding 60.3 60.3 60.3 60.3 60.9 61.1 61.1 61.5 61.8 61.8 61.8 61.9 62.1 62.1 62.3 62.4 62.4 62.4 62.4 62.4 62.3 62.3 62.3 62.3 62.3 62.5 62.5 62.6 62.6 62.7 62.9 63.0 63.0 62.9 62.9 62.9 63.0 63.3 63.5 63.5 64.2 65.5 66.8 67.4 67.4 67.3 67.1 46.4 46.1 46.3 46.2 46.1 46.0 45.9 45.9 45.8 45.7 45.7 45.7 45.6 45.6 45.6 45.5 45.5 45.4 44.9 44.6 44.6 41.9 41.4 41.4 41.3 41.3 41.3 41.8 42.5 44.5 44.5 45.3 45.7 45.8 45.8 46.3 46.6 47.1 47.1 48.2 48.2 48.3 48.3 48.9 48.9 48.7 48.6 47.6 47.1 46.5 46.7 46.8 46.7
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 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
Current Assets
Cash & Cash Equivalents 273 67 57 225 101 670 52 109 2,648 1,272 647.6 421.5 229.4 358 135.7 772.1 189.6 258.4 2,381.4 53.1 313.9 207.3 116.6 70.1 424 21 49.1 53.6 37.4 44.9 54.0 33.8 1,422.4 1,446.4 35.2 36.7 55.4 50.0 60.7 28.6 27.2 32.1 221.0 263.6 133.4 222.0 26.4 85.8 52.8 125.1 6.9 4.2 14.5 6.1 0 0 234.5 0 5.4 3.4 0 3.4 0.6 (0.2) 9 14.6 12.2 15.9 4 18.7 15 8.5 8.4 (4.3) 2.4 (4.6) (3.9) (2.9) (2.4) (3.2) (8.3) (2.2) (2.8) (6.2) (5.7)
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 780 723 984 904 733 678 916 909 703 753 1,047.5 979.2 796.7 785.9 1,011.7 1,026.6 759.2 774 801.9 722 563.6 575.1 686.3 690.4 562.8 573.7 763.9 710.6 550.6 523.3 644.8 675.6 466.5 487.2 582.5 570.6 479.2 457.9 566.4 534.5 448.0 257.8 202.1 162.8 251.6 245.7 314.2 259.9 226.1 231.5 296.5 222.3 232.9 281.0 277.5 274.6 185.8 180.9 231.1 233.4 194.2 197.6 231.1 224.8 166.2 171.5 193.9 178.2 130 147.4 176.9 164 108.5 136.6 139.7 139.9 104 184.5 152.2 115.8 104.4 104 125.7 95.3 77.3
Inventory 1,213 1,078 1,034 1,155 1,173 1,115 1,089 1,105 1,077 989 993.1 954.7 948.7 873.7 823.4 835.2 782.4 752.6 717.5 729.1 690 709 714.5 712.9 700.5 690.8 649.7 646.3 646.2 663 651.3 650.9 606.8 600.6 576.4 549.9 537 521.6 508.2 504.9 485.4 319.8 322.0 332.6 333.9 324.9 285.3 228.7 229.7 213.8 237.8 247.9 239.7 241.7 232.0 240.3 226.5 207.5 192.4 192.8 186.9 172.9 172.2 175.4 172.3 157.1 145.9 154.7 148.4 132.6 128.7 132.9 118.3 113.8 113.1 114.8 119.8 113.4 114.1 120.7 110.4 69 66.9 69.7 69.6
Other Current Assets 0 1,325 1,348 109 96 79 130 106 90 905 129.2 836.9 837.9 859.3 876.5 126.4 256.3 240.6 99.9 112.1 108.2 176.9 135.4 113.7 145.7 141.2 115.7 122.6 136.0 134.6 104.7 96.9 106.3 97.0 83.8 87.1 51.6 56.8 56.2 54.0 37.7 98.8 109.5 97.9 83.2 99.3 65.0 42.5 54.6 40.2 45.5 58.9 53.5 49.0 29.7 26.4 40.5 36.6 34.6 27.7 30.8 29.5 25.8 27.3 28.1 26.2 21.8 23.3 24.4 23.3 19.3 21.5 22.3 25.1 13.9 21 19.8 19.4 15.3 18.1 22.4 17.2 14.2 21.7 17.5
Total Current Assets 2,266 3,193 3,423 2,393 2,103 2,542 2,319 2,229 4,518 3,919 2,817.4 3,192.3 2,812.7 2,876.9 2,847.3 2,760.3 1,987.5 2,025.6 4,000.7 1,616.3 1,675.7 1,668.3 1,652.8 1,587.1 1,833 1,426.7 1,578.4 1,533.1 1,370.1 1,365.8 1,454.8 1,457.2 2,601.9 2,631.2 1,278.0 1,244.3 1,123.2 1,086.4 1,191.5 1,121.9 998.3 708.5 854.7 856.9 802.1 891.9 690.9 616.9 563.1 610.7 586.8 533.3 540.6 577.8 539.2 541.3 687.4 425.0 463.5 457.3 411.8 403.4 429.7 427.3 375.6 369.4 373.8 372.1 306.8 322 339.9 326.9 257.5 271.2 269.1 271.1 239.7 314.4 279.2 251.4 228.9 188 204 180.5 158.7
Non-Current Assets
Property, Plant & Equipment 13,023 10,657 10,431 10,506 10,474 10,485 9,090 8,988 6,982 6,558 6,727.6 6,697.2 6,662.4 6,700.2 6,551.1 6,566.6 6,619.6 6,764.7 6,028.3 5,983.3 5,776.3 5,695.3 5,649.7 5,628.5 5,663.3 5,687.9 5,617 5,620.0 5,644.9 5,157.2 5,103.4 5,113.4 3,582.5 3,592.8 3,521.6 3,505.3 3,467.6 3,423.4 3,379.6 3,322.2 3,263.0 1,694.4 1,695.0 1,692.9 1,712.7 1,683.7 1,405.7 1,041.1 1,038.7 1,042.4 1,058.5 1,067.3 1,067.6 1,062.5 1,066.4 1,029.7 945.7 914.1 891.3 877.4 858.9 847.0 809.7 779.9 780.8 777.5 634.2 611.8 619.6 591.4 603.3 589.3 413 408.8 396.5 393.7 386.1 392.2 379.2 373.3 366.8 291.6 284.8 282.8 278.6
Goodwill 3,828 0 3,607 3,777 3,773 3,767 3,768 3,842 3,479 3,389 3,649.5 3,649.5 3,649.5 3,649.5 3,640.4 3,400.5 3,392 3,494.4 2,610.6 2,599.6 2,414 2,414 2,414.5 2,397.5 2,397.1 2,396.8 2,397.0 2,394.3 2,397.5 2,399.1 2,399.4 2,401.5 2,160.3 2,160.3 2,160.1 2,160.1 2,159.4 2,159.3 2,160.6 2,136.8 2,135.3 624.2 624.2 624.2 629.1 623.8 574.7 0 0 0 0 0 0 0 579.4 0 394.2 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
Intangible Assets 505 4,073 462 713 721 730 705 713 702 698 826.8 833.8 840.8 847.8 855.7 1,043.6 1,050.7 1,065 787.2 725 504.4 508 504.3 481 483.3 486.8 491.6 493.8 498.2 501.3 509.0 514.7 498.8 506.3 504.6 503.2 507.7 511.3 515.0 506.7 519.4 18.3 18.9 12.5 13.3 13.4 9.8 598.9 603.9 602.7 608.1 610.9 609.4 627.1 0 590.4 0 409.5 375.4 379.0 373.5 375.3 374.1 345.3 347.3 376 209.9 197.2 175.2 174.9 147.8 177 40.5 63.2 38.2 37.7 38.2 61.2 34.6 60.2 55.9 40.1 40.3 40.2 40.2
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 785 788 730 681 653 646 587 561 559 561 896.5 873.4 925.5 919.2 835.2 771.8 1,191.7 1,043.3 359.4 298.9 288.9 295.2 214.1 132.5 126.7 133.4 139.5 122.3 137.7 128 121.6 110.0 104.6 101.9 102.6 103.0 135.8 120.5 126.4 145.7 142.3 51.0 52.1 52.8 50.0 40.2 40.9 56.1 60.0 63.4 53.5 57.4 55.4 54.6 73.4 73.2 129.9 92.9 124.1 124.5 122.2 116.9 120 116.5 93.1 65.7 18.5 19.1 20.1 17.4 54.8 28 51.7 25.7 46.8 43.9 42.8 21.6 43.8 19 19 74.2 75.5 85 75.4
Total Non-Current Assets 18,141 15,518 15,230 15,677 15,621 15,628 14,150 14,104 11,722 11,206 12,100.4 12,053.9 12,078.2 12,116.7 11,882.4 11,782.5 12,254 12,367.4 9,785.5 9,606.8 8,983.6 8,912.5 8,782.6 8,639.5 8,670.4 8,704.9 8,645.1 8,630.5 8,678.3 8,185.6 8,133.4 8,139.6 6,346.1 6,361.4 6,288.8 6,271.6 6,270.5 6,214.5 6,181.7 6,111.4 6,060.0 2,387.9 2,390.2 2,382.4 2,405.1 2,361.2 2,031.1 1,696.1 1,702.6 1,708.6 1,720.2 1,735.6 1,732.4 1,744.2 1,719.2 1,693.3 1,469.8 1,416.4 1,390.8 1,380.9 1,354.6 1,339.2 1,303.8 1,241.7 1,221.2 1,219.2 862.6 828.1 814.9 783.7 805.9 794.3 505.2 497.7 481.5 475.3 467.1 475 457.6 452.5 441.7 405.9 400.6 408 394.2
Total Assets 20,497 18,711 18,653 18,070 17,724 18,170 16,469 16,333 16,240 15,125 14,917.8 15,246.2 14,890.9 14,993.6 14,729.7 14,542.8 14,241.5 14,393 13,786.2 11,223.1 10,659.3 10,580.8 10,435.4 10,226.6 10,503.4 10,131.6 10,223.5 10,163.7 10,048.4 9,551.4 9,588.2 9,596.8 8,948.0 8,992.5 7,566.8 7,515.9 7,393.8 7,300.9 7,373.2 7,233.3 7,058.3 3,096.4 3,244.9 3,239.3 3,207.2 3,253.1 2,721.9 2,313.0 2,265.7 2,319.2 2,307.0 2,268.9 2,273.0 2,322.0 2,258.4 2,234.6 2,157.1 1,841.4 1,854.3 1,838.1 1,766.4 1,742.6 1,733.5 1,669 1,596.8 1,588.6 1,236.4 1,200.2 1,121.7 1,105.7 1,145.8 1,121.2 762.7 768.9 750.6 746.4 706.8 789.4 736.8 703.9 670.6 593.9 604.6 588.5 552.9
Current Liabilities
Account Payables 329 0 349 336 298 375 315 304 266 343 342.2 346.9 302.6 385 333.5 359.7 383.8 356.2 249.3 243.6 200 207.8 210.7 197.2 202 229.6 238.6 199.2 184.8 210.8 191.4 188.8 162.3 183.6 163.6 187.2 188.4 178.6 192.7 197.7 174.4 80.2 67.3 52.1 75.2 77.0 92.8 77.5 71.4 76.6 74.9 63.9 73.2 81.7 0 0 0 59.0 0 0 0 55.9 0 0 0 57.7 46.9 50.1 38.9 49.6 47.4 45.8 29.7 36.4 28.8 28.7 25.5 26.2 23.5 25.9 26.3 19.2 26 34.2 21.2
Short-Term Debt 0 30 230 125 125 125 95 400 400 400 399.5 700 699.6 699.1 698.7 0 0 0 20.1 240.1 0 0 0 130 639.9 340 190.0 385.0 360.1 390 380.0 320.0 300.0 299.9 81.1 143.8 290.0 180.0 228.0 245.3 177.4 247.6 221.8 227.9 234.9 186.4 78.2 1.0 13.0 1.1 9.4 9.0 11.4 9.7 0 0 0 45.2 0 0 0 39.7 0 0 0 15.7 20.7 41.5 31.5 1.4 1.4 101.3 9.4 5.5 0.2 5.3 6.7 106.7 104.6 108.7 113.1 6.7 6.5 8.7 9
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 379 865 296 174 168 190 134 132 140 178 146.5 145.5 141.5 139.6 156.4 140.3 144.1 149.5 113.5 99.9 93.8 96.6 126.1 115.1 102 115.9 84.7 90.5 49.9 70.9 54.8 84.1 73.2 101.5 87.5 107.1 57.2 80.4 59.8 54.6 47.7 10.0 21.7 69.3 27.1 15.7 84.2 46.3 70.9 77.9 35.7 50.3 64.9 47.2 213.6 235.2 245.3 84.9 216.6 236.5 204.8 87.1 219.4 189.1 156.5 78.8 80.7 66.2 52.7 57.2 65.9 57.2 35.2 46.2 57.2 71.8 57.9 40.4 71.7 64.1 48.5 29.7 39.7 31.8 28.1
Total Current Liabilities 1,034 895 1,154 1,019 935 1,016 993 1,196 1,429 1,170 1,141.1 1,442.4 1,328 1,445.6 1,419.7 761.4 712.9 752.6 601.2 758 448.8 499.3 506.2 595.3 1,075.6 838.5 689.0 822.2 757.6 786.7 772.7 709.1 651.0 694.2 468.5 534.3 631.6 546.6 604.9 601.6 492.1 414.6 395.3 373.6 389.1 347.7 316.6 199.0 221.5 222.8 207.5 203.7 212.3 223.7 213.6 235.2 245.3 189.1 216.6 236.5 204.8 182.7 219.4 189.1 156.5 152.2 148.3 157.8 123.1 108.2 114.7 204.3 74.3 88.1 86.2 105.8 90.1 173.3 199.8 198.7 187.9 55.6 72.2 74.7 58.3
Non-Current Liabilities
Long-Term Debt 5,294 5,293 5,292 5,291 5,289 5,288 3,948 3,947 3,947 3,946 3,944.7 4,343.1 4,342 4,340.9 4,339.9 5,044.3 5,102.3 5,100.8 5,099.4 2,627.2 2,626.5 2,625.8 2,625.2 2,624.5 2,623.9 2,433.6 2,732.8 2,732.0 2,801.2 2,730.4 2,829.7 2,898.9 2,728.1 2,727.3 1,642.5 1,641.9 1,556.2 1,506.2 1,536.8 1,541.1 1,575.3 811.9 1,029.6 1,023.5 1,048.7 1,152.1 1,050.7 713.2 718.6 717.1 746.7 758.9 733.5 773.5 834.6 854.7 852.0 601.6 601.3 601.7 601.7 602.0 603.3 602.2 601.9 602.1 313.7 311.7 311.3 310.7 351.8 275.9 125.8 125.9 124.8 124.9 124.9 125 0.5 1.1 3.2 103.7 104.7 105.1 106.4
Deferred Tax Liabilities 1,627 0 1,250 1,178 1,172 1,169 1,127 1,110 865 874 913.5 915.8 921 914.3 886 852.8 890 895.3 809.3 786.3 777.6 781.5 760.4 741.2 737 733 725.1 699.5 695.8 705.6 692.9 644.5 413.6 410.7 663.0 663.4 667.2 663.0 676.1 639.8 620.6 196.9 192.3 195.9 173.8 175.8 165.6 137.8 133.6 116.6 115.1 109.7 108.5 106.9 0 0 0 0 0 0 0 81.9 0 0 0 75.6 52 51.3 50.7 50 56.4 56 15.4 13.6 12.7 11.9 11.3 10.6 11 10.7 10.8 10.2 11.2 10.4 9.2
Other Non-Current Liabilities 916 2,489 899 885 910 906 893 899 778 772 783.7 784.5 785.1 784.1 797.9 755.9 743.1 727.3 542.2 531.7 480.6 370.5 362.4 351.3 338.3 339.3 335.5 373.8 372.1 379.3 350.6 488.8 475.6 477.8 458.8 475.6 462.9 442.6 396.9 434.4 424.6 256.1 254.8 239.9 294.1 293.3 201.7 134.8 101.3 132.9 151.7 150.4 135.7 126.1 211.1 200.6 185.0 187.5 187.8 186.9 184.0 102.0 171.1 170.3 168.1 91 80.6 78.9 77.5 75 78.6 75.8 62.8 60.3 60.4 59.2 57.7 57 112.8 99.1 89.3 48.1 46.8 45.7 44.9
Total Non-Current Liabilities 8,166 7,782 7,761 7,685 7,705 7,698 6,305 6,297 5,934 5,919 5,971.9 6,380.4 6,385.4 6,375.2 6,372.2 7,009.3 7,097.5 7,102.8 6,826.8 4,336.9 4,283.8 4,188.2 4,170.3 4,137.7 4,128.4 3,939.8 4,230.1 4,244.2 4,315.3 3,815.3 3,873.2 4,032.1 3,617.2 3,615.8 2,764.3 2,781.0 2,686.3 2,611.7 2,609.9 2,615.2 2,620.5 1,265.0 1,476.7 1,459.3 1,516.6 1,621.3 1,418.0 985.8 953.5 966.6 1,013.5 1,019.0 977.7 1,006.5 1,045.8 1,055.3 1,037.0 789.0 789.1 788.6 785.7 785.9 774.4 772.5 770 768.7 446.3 441.9 439.5 435.7 486.8 407.7 204 199.8 197.9 196 193.9 192.6 124.3 110.9 103.3 162 162.7 161.2 160.5
Total Liabilities 9,200 8,677 8,915 8,704 8,640 8,714 7,298 7,493 7,363 7,089 7,113 7,822.8 7,713.4 7,820.8 7,791.9 7,770.7 7,810.4 7,855.4 7,428 5,094.9 4,732.6 4,687.5 4,676.5 4,733 5,204 4,778.3 4,919.0 5,066.4 5,072.9 4,602 4,645.8 4,741.3 4,268.2 4,310.0 3,232.8 3,315.3 3,317.8 3,158.3 3,214.8 3,216.8 3,112.7 1,679.6 1,872.0 1,832.9 1,905.7 1,968.9 1,734.7 1,184.9 1,175.0 1,189.4 1,221.0 1,222.7 1,190.0 1,230.2 1,259.3 1,290.5 1,282.3 978.2 1,005.7 1,025.2 990.5 968.6 993.8 961.6 926.5 920.9 594.6 599.7 562.6 543.9 601.5 612 278.3 287.9 284.1 301.8 284 365.9 324.1 309.6 291.2 217.6 234.9 235.9 218.8
Stockholders' Equity
Common Stock 1 10,034 1 1 1 1 1 1 1 1 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.5 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 7,663 0 6,172 5,809 5,529 5,915 5,670 5,356 5,411 4,563 4,326 3,955.4 3,724.6 3,719.4 3,577 3,423.1 3,094.9 3,161.9 3,043.4 2,827.2 2,637.2 2,607.7 2,460.5 2,201.7 2,018.6 2,077.2 2,021.6 1,815.0 1,705.7 1,693.3 1,669.1 1,579.7 1,422.2 1,440.1 1,090.8 967.1 851.4 935.6 932.7 800.0 743.6 1,052.2 1,016.2 1,058.7 1,042.6 1,021.8 963.6 723.5 687.4 702.6 645.4 605.7 642.7 645.5 566.4 527.3 495.0 506.3 492.3 456.8 420.7 419.5 392.9 355.1 319.9 318 293.5 253.5 222.7 225.6 208.2 177.4 152.6 149.2 134.7 112.8 91 91.8 80.9 62.6 47.7 44.5 36.6 19.5 1
Accumulated Other Comprehensive Income 53 0 (5) (9) (12) (13) (46) (48) (49) (49) (35.3) (35.7) (37.4) (38.5) (125.1) (128.1) (129.2) (97.6) (151.4) (153) (155.6) (158.4) (138.6) (142.2) (145.4) (145.8) (134.8) (137.3) (140.3) (143.6) (121.5) (125.9) (127.5) (129.1) (122.9) (125.9) (128.4) (130.7) (104.5) (106.1) (103.8) (69.5) (70.5) (75.1) (96.5) (99.8) (30.1) (8.7) (8.7) (8.7) (7.4) (7.4) (7.4) 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
Total Stockholders' Equity 11,297 10,034 9,735 9,363 9,081 9,453 9,169 8,838 8,875 8,034 7,802.5 7,421.1 7,175 7,170.5 6,935.7 6,770 6,428.9 6,535.3 6,355.9 6,125.9 5,923.9 5,890.7 5,756.4 5,491.1 5,296.9 5,350.8 5,302.0 5,094.9 4,972.5 4,946.4 4,939.4 4,843.4 4,676.6 4,679.6 4,331.2 4,197.8 4,073.4 4,140.0 4,155.3 4,013.5 3,942.7 1,375.6 1,332.3 1,365.2 1,262.1 1,240.2 987.3 1,128.1 1,090.7 1,129.8 1,086.0 1,046.2 1,083.0 1,091.8 999.1 944.1 874.8 863.3 848.6 813.0 775.9 774.0 739.7 707.4 670.3 667.7 641.8 600.5 559.1 561.8 544.3 509.2 484.4 481 466.5 444.6 422.8 423.5 412.7 394.3 379.4 376.3 369.7 352.6 334.1
Total Liabilities & Equity 20,497 18,711 18,653 18,070 17,724 18,170 16,469 16,333 16,240 15,125 14,917.8 15,246.2 14,890.9 14,993.6 14,729.7 14,542.8 14,241.5 14,393 13,786.2 11,223.1 10,659.3 10,580.8 10,435.4 10,226.6 10,503.4 10,131.6 10,223.5 10,163.7 10,048.4 9,551.4 9,588.2 9,596.8 8,948.0 8,992.5 7,566.8 7,515.9 7,393.8 7,300.9 7,373.2 7,233.3 7,058.3 3,096.4 3,244.9 3,239.3 3,207.2 3,253.1 2,721.9 2,313.0 2,265.7 2,319.2 2,307.0 2,268.9 2,273.0 2,322.0 2,258.4 2,234.6 2,157.1 1,841.4 1,854.3 1,838.1 1,766.4 1,742.6 1,733.5 1,669 1,596.8 1,588.6 1,236.4 1,200.2 1,121.7 1,105.7 1,145.8 1,121.2 762.7 768.9 750.6 746.4 706.8 789.4 736.8 703.9 670.6 593.9 604.6 588.5 552.9
Debt Metrics
Total Debt 5,688 5,323 5,903 5,809 5,807 5,804 4,434 4,741 4,743 4,726 4,725.7 5,433.3 5,432.2 5,428 5,442 5,455 5,518.2 5,534.1 5,542.7 3,306.1 3,072.8 3,084.8 3,099.4 3,226.6 3,745.9 3,260.2 3,411.3 3,607.0 3,658.2 3,120.4 3,209.7 3,218.9 3,028.1 3,027.2 1,723.6 1,785.8 1,846.3 1,686.2 1,764.8 1,786.4 1,752.8 1,059.5 1,251.4 1,251.3 1,283.7 1,338.5 1,128.9 714.2 731.6 718.1 756.1 767.9 744.9 783.2 834.6 854.7 852.0 646.7 601.3 601.7 601.7 641.7 603.3 602.2 601.9 617.8 334.4 353.2 342.8 312.1 353.2 377.2 135.2 131.4 125 130.2 131.6 231.7 105.1 109.8 116.3 110.4 111.2 113.8 115.4
Net Debt 5,415 5,256 5,846 5,584 5,706 5,134 4,382 4,632 2,095 3,454 4,078.1 5,011.8 5,202.8 5,070 5,306.3 4,682.9 5,328.6 5,275.7 3,161.3 3,253 2,758.9 2,877.5 2,982.8 3,156.5 3,321.9 3,239.2 3,362.2 3,553.4 3,620.8 3,075.5 3,155.7 3,185.1 1,605.7 1,580.8 1,688.4 1,749.1 1,790.9 1,636.2 1,704.2 1,757.8 1,725.5 1,027.4 1,030.4 987.8 1,150.3 1,116.5 1,102.5 628.4 678.8 593.0 749.2 763.7 730.4 777.1 834.6 854.7 617.5 646.7 596.0 598.4 601.7 638.3 602.7 602.4 592.9 603.2 322.2 337.3 338.8 293.4 338.2 368.7 126.8 135.7 122.6 134.8 135.5 234.6 107.5 113 124.6 112.6 114 120 121.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 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
Operating Activities
Net Income 1,513 279 414 328 116 294 362 294 1,046 282.6 417 348 122 183.8 295.3 366.4 21.3 156.9 254.6 225.8 65.5 183.1 294.5 217.6 25.9 131.1 248.6 189.4 42.9 94.5 180.4 185.5 10.0 377.3 151.5 142.2 42.3 98.8 159.5 122.1 45.1 76.4 61.5 7.1 44.7 (6.5) 29.3 38.6 46.5 (20.9) 4.6 27.4 64.9 (22.1) (53.7) 124.7 39.0 20.5 42.1 42.1 7.3 32.6 44 41.3 7.9 30.7 45.9 36.4 2.6 22.9 36.3 30.4 8.9 20 27.5 26.8 4.3 16 23.4 20 8.2 13 22.1 18.5 4.7
Depreciation & Amortization 167 157 159 167 154 149 152 142 130 161.2 116.1 115.8 114.2 0 106.4 111.6 116.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 35.7 34.4 33.3 33.2 33.6 35.8 35.8 34.6 33.4 35.7 34.6 34.4 33.9 0 0 0 0 0 0 0 0 0 0 0 28.2 24.3 23.7 22.6 23.2 21.6 18.6 16.3 15.9 15.3 15.1 14.9 14.4 14.3 13.8 13.2 11.1 11.2 10.4 10.1
Stock-Based Compensation 31 4 5 6 31 10 15 18 15 11 11 14 14 8.4 9.8 12.5 12 10 12.2 9.9 10.9 7.6 2.7 7.2 12.5 5.7 6.1 8.8 13.5 6.2 6.0 7.3 9.8 6.8 6.0 7.5 10.3 3.3 4.4 5.6 7.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 201 176 185 (99) (86) 233 69 (453) 362 182.6 (120) (111) (102) 127.9 (171.6) (179.6) 7 (6) (55.1) (84.4) 30.1 55.6 (34.9) (60.1) (28) 74.9 (53.8) (76.9) (30.6) 49.8 (127.3) (124.4) 9.6 30.2 (42.4) (47.5) (51.8) 83.5 (38.2) (69.9) (68.2) (8.1) (14.1) (11.9) (12.4) (44.8) 34.9 25.7 (37.6) (3.9) 13.8 5.7 (46.0) (7.9) 0 0 0 (106.6) 41.1 3.4 19.4 0 0 0 21.3 72.7 (21.2) (26.9) (8.4) 21.5 9.3 (8.9) (8) 29.9 2.2 (19.9) (13.1) 14.1 11.2 (11.8) (4.5) 7.4 3.3 (3.1) (24.4)
Other Non-Cash Items (1,685) 13 (203) (21) 0 (34) (9) (5) (1,286) (47.3) 32.9 (3.8) 6.8 110 2.9 (156.7) 8 130 105.1 89.9 90.1 100.8 30.3 98.4 93.1 93.6 90.4 105.7 87.3 96.9 90.7 51.7 73.6 70.8 69.6 53.6 70.3 71.8 60.8 67.3 66.3 (1.2) (1.7) 1.2 (1.0) (2.5) (4.7) 5.6 (6.2) 7.6 11.1 11.3 (34.2) 11.8 147.6 (9.9) 8.7 143.5 0 0 0 45.9 45.1 (14.4) 0 (39) 31.2 3.7 (3.9) 6.5 (2) (1.2) 0.2 (2.8) 0.1 (1.5) 0.2 (1.4) (1) (1.7) 0.4 (2.1) (1.3) (0.7) (0.7)
Operating Cash Flow 227 629 551 387 218 686 600 1 172 555.9 454 358 161 430.5 274.5 116.3 169.9 357.4 339.1 249.3 191.9 366.1 310.8 266.5 106.7 316.3 316.1 215.8 117.9 263.6 203.5 133.0 105.0 239.5 188.8 155.5 73.9 264.6 211.9 141.5 68.3 99.4 78.6 30.0 68.5 (16.6) 105.8 110.4 41.4 19.6 71.2 84.7 28.2 19.4 93.9 114.8 47.7 57.5 83.1 45.5 26.7 78.5 89.1 26.9 29.2 92.6 80.2 36.9 12.9 74.1 65.2 38.9 17.4 63 45.1 20.5 6.3 43.1 47.9 20.3 17.3 29.4 35.3 25.1 (10.3)
Investing Activities
Capital Expenditure (186) (205) (190) (179) (233) (233) (283) (139) (200) (186.2) (171) (119) (174) (172.7) (88.4) (80.9) (139.8) (101.8) (108.3) (102.7) (110.3) (108.9) (75.1) (71.6) (104.1) (110.5) (75.6) (77.3) (130.1) (113.8) (73.9) (92.0) (96.3) (101.6) (92.7) (114.0) (102.1) (101.8) (74.9) (116.3) (94.2) (54.8) (54.1) (47.2) (40.6) (29.8) (38.2) (25.8) (28.6) (28.0) (43.4) (41.4) (39.7) (28.1) (44.7) (47.5) (51.0) (52.9) (44.6) (39.3) (34.0) (112.2) (40) (33.7) (29.0) (329) (57.3) (31) (54.5) (305.2) (27.2) (18.3) (14.8) (31.4) (18.4) (22.1) (11.3) (177.4) (19.2) (18.6) (15.5) (15.1) (3.5) (15.1) (13.3)
Acquisitions 20 (108) (551) (8) (18) (1,189) 7 (2,036) 1,619 301.2 3 73 22 8 679.1 (7.8) 18.8 (2,314.9) (130.2) (633.5) 12.2 0 61.6 (0.3) 15.9 1.4 1 3 3 4.2 10.2 (1,590.0) 2.5 (2.1) (4.0) 29.4 0.5 1.2 (54.1) 1.1 (116.1) 32.7 (0.2) (3.9) 0 (5.6) (0.1) 0.1 0.3 (8.9) 11.2 (23.4) (34.2) (1.6) (4.3) (8.7) (195.4) (2.7) 0 (22.5) (14.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (98.5) (6.5) 1 (7.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 6 0.6 2 0.8 4 5.3 0.4 1.8 0 1 2.7 1.4 9.8 0 0 0 0 0.0 0 0.3 0.2 0 0.3 0.3 0.1 0 0 0.1 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 459 (62) (20) (3) (11) 42 (22) (16) 0 16.8 689 0.2 (4) 0 (1,349) 643.4 (2) 0 0 0 0 (10.6) (0.9) (4.4) (0.1) (0.2) (0.2) (0.4) (0.6) 0 0 0 0 2.0 (2.0) 0 0 0 0 0 0 (36.3) (0.8) 11.7 14.2 11.9 14.6 8.7 0.0 6.2 0.5 28.7 67.2 1.4 1.9 6.4 39.4 1.4 2.8 2.0 2.2 60.8 (52.7) (8.7) 0.9 (36.8) (1.3) 1.5 2.6 281.2 0.2 (265.1) 15.8 (22.1) 0.2 2.3 91.4 86.8 (28.7) (5.1) (50.3) (5.9) (24.2) (8.4) (39.2)
Investing Cash Flow 293 (375) (761) (190) (262) (1,380) (298) (2,191) 1,425 132.4 523 (45) (152) (159.4) (757.9) 556.5 (123) (2,415.7) (235.8) (734.8) (88.3) (218) (20.9) (75.3) (95.5) (109.2) (74.8) (74.4) (127.5) (109.6) (63.3) (1,681.7) (93.6) (101.6) (98.6) (84.5) (101.4) (100.6) (129.1) (115.3) (210.4) (58.5) (55.1) (39.4) (26.4) (23.4) (23.7) (17.0) (28.3) (30.8) (31.8) (36.1) (6.8) (28.3) (47.2) (49.8) (207.0) (54.2) (41.8) (59.8) (46.0) (51.4) (92.7) (42.4) (28.1) (365.8) (58.6) (29.5) (51.9) (24) (27) (283.4) 1 (53.5) (18.2) (19.8) 80.1 (90.6) (47.9) (23.7) (65.8) (21) (27.7) (23.5) (52.5)
Financing Activities
Net Debt Issuance (36) (206) 105 (7) (5) 1,367 (309) (5) (5) (4.5) (705) (4) (4) (3.9) (10.6) (51.3) (3.7) (23.5) 2,253.3 237.9 (2.2) (1.3) (130.6) (510.8) 490.2 (158.4) (195.9) (45.8) 39 (90.9) (10.9) 189.1 (0.8) 1,305.7 (63.7) (61.0) 159.2 (81.9) (25.9) 32.3 172.6 3.6 1.7 (2.1) (0.9) 0.2 (3.9) (38.2) (14.4) 23.0 (38.5) (40.0) (21.5) 25.3 (38.1) (61.8) (69.1) (7.5) (32.9) 23.8 20.7 (10.4) 16 10.5 (1.4) 283.3 (20.7) 9.9 29.8 (40.3) (26.1) 250 (0.1) (10.8) (14.3) 3.6 (82.2) 53.6 68.5 (1.4) (0.2) 3.3 (3.8) (2.1) (125.6)
Stock Repurchased (200) (2) 8 (8) (450) 0 0 (300) (177) (3.3) (1) (76) (92) (2.7) (101) (0.9) (74.2) (3) (0.4) (0.6) (15.5) (1.5) (0.1) (0.2) (62.7) (43.6) (20.5) (55.1) (7.1) (41.4) (60.7) (3.7) (6.4) (1.6) (1.3) (5.2) (103.7) (69.2) (1.6) (45.0) (150.6) (20.9) (36.9) (44.3) 0 (25.0) (12.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (6.8) (5.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (51) (50) (50) (48) (49) (48) (49) (46) (46) (45.8) (45.7) (41) (41.6) (41) (41.1) (38.1) (38.9) (38.1) (37.9) (35.7) (36.1) (35.5) (35.4) (34.6) (34.8) (34.6) (34.6) (30.2) (30.4) (30.2) (30.4) (27.9) (27.9) (27.9) (27.8) (26.6) (26.6) (26.7) (26.8) (25.6) (25.8) (10.6) (9.3) (9.4) (8.7) (8.7) (8.8) (8.8) (8.8) (7.3) (7.3) (7.3) (6.8) (6.8) (6.8) (6.8) (6.7) (6.5) (6.5) (6.1) (6.1) (6.1) (6.1) (6.0) (6.1) (6) (6.1) (5.6) (5.5) (5.5) (5.5) (5.6) (5.5) (5.5) (5.6) (5) (5.1) (5.1) (5.1) (5) (5.1) (5.1) 0 0 0
Other Financing Activities (27) 1 (19) 1 (21) (7) (1) 0 (1) 0 0 0 0 (0.4) (0.3) 0 0.6 (1.3) (5.5) (0.6) 0.6 0.9 (0.2) 0.5 (0.9) 1.4 5.2 5.9 0.6 (0.5) (18.0) 2.6 (0.3) (2.9) 1.1 3.2 3.9 (0.7) 3.6 18.1 0 4.3 (4.3) 0 (0.3) 0 0 0 12.8 0 0 0 0 0 2.1 (0.1) (0.4) 0 0 0 0 0 0 0 0 (1.8) 0.1 0 (0.1) (0.7) 0 0 0 0 0 0 0 (1.5) (62.7) 15 47.7 (4.5) (0.4) 0 (4.7)
Financing Cash Flow (314) (257) 44 (62) (525) 1,312 (359) (351) (229) (53.6) (751) (121) (138) (48) (153) (90.3) (116.2) (65.9) 2,209.5 201 (53.2) (37.4) (166.3) (545.1) 391.8 (235.2) (245.8) (125.2) 2.1 (163.1) (120.0) 160.1 (35.4) 1,273.3 (91.7) (89.6) 32.9 (174.6) (50.7) (24.9) 0.9 (10.7) (45.3) (49.1) (9.1) (32.3) (25.3) (46.8) (10.4) 15.7 (45.9) (47.3) (27.9) 18.7 (41.6) (67.8) (76.1) (13.4) (39.3) 18.3 15.2 (24.3) 4.3 6.4 (6.7) 275.7 (25.3) 4.4 24.4 (46.5) (31.6) 244.4 (5.6) (16.3) (19.9) (1.4) (87.3) 47 0.7 8.6 42.4 (7.7) (4.2) (2.1) 58.3
Cash Position
Net Change in Cash 206 (3) (166) 135 (569) 618 (57) (2,541) 1,368 634.7 226 192 (129) 223.1 (636.4) 582.5 (69.3) (2,124.2) 2,312.8 (284.5) 50.4 110.7 123.6 (353.9) 403 (28.1) (4.5) 16.2 (7.5) (9.1) 20.2 (1,388.6) (24.0) 1,411.1 (1.5) (18.7) 5.4 (10.6) 32.1 1.4 (141.2) 30.2 (21.7) (58.5) 33.0 (72.4) 71.6 46.7 2.7 4.5 (6.4) 1.3 (6.4) 9.8 5.1 (2.8) (235.4) (10.1) 2.0 4.0 (4.1) 2.8 0.8 (9.2) (5.6) 0 (15.9) 15.9 (18.7) 0 0 0 4.3 0 0 0 2.9 0 0 0 2.2 0 0 0 1.2
Cash at Beginning 67 70 236 101 670 52 109 2,650 1,282 647.6 422 230 359 135.7 772.1 189.6 258.9 2,383.1 70.3 354.8 304.4 193.7 70.1 424 21 49.1 53.6 37.4 44.9 54.0 33.8 1,422.4 1,446.4 35.2 36.7 55.4 50.0 60.7 28.6 27.2 168.4 81.4 103.1 161.6 52.8 125.1 53.6 6.9 4.2 (0.3) 6.1 4.8 11.1 1.4 (3.7) (0.9) 234.5 5.4 3.4 (0.7) 3.4 0.6 (0.2) 9.0 14.6 0 15.9 0 18.7 0 0 0 (4.3) 0 0 0 (2.9) 0 0 0 (2.2) 0 0 0 (1.2)
Cash at End 273 67 70 236 101 670 52 109 2,650 1,282.3 648 422 230 358.8 135.7 772.1 189.6 258.9 2,383.1 70.3 354.8 304.4 193.7 70.1 424 21 49.1 53.6 37.4 44.9 54.0 33.8 1,422.4 1,446.4 35.2 36.7 55.4 50.0 60.7 28.6 27.2 111.6 81.4 103.1 85.8 52.8 125.1 53.6 6.9 4.2 (0.3) 6.1 4.8 11.1 1.4 (3.7) (0.9) (4.8) 5.4 3.4 (0.7) 3.4 0.6 (0.2) 9.0 0 0 15.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 41 424 361 208 (15) 453 317 (138) (28) 369.7 283 239 (13) 257.8 186.1 35.4 30.1 255.6 230.8 146.6 81.6 257.2 235.7 194.9 2.6 205.8 240.5 138.5 (12.2) 149.8 129.6 41.0 8.8 137.9 96.1 41.5 (28.2) 162.8 136.9 25.2 (25.9) 44.6 24.5 (17.2) 27.9 (46.4) 67.6 84.6 12.8 (8.4) 27.8 43.3 (11.5) (8.7) 49.1 67.3 (3.3) 4.5 38.6 6.2 (7.3) (33.7) 49.1 (6.8) 0.2 (236.4) 22.9 5.9 (41.6) (231.1) 38 20.6 2.6 31.6 26.7 (1.6) (5) (134.3) 28.7 1.7 1.8 14.3 31.8 10 (23.6)
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 1,362 1,534 1,846 1,811 1,353 1,631 1,889 1,764 1,251 1,608.2 1,994 1,821 1,354 1,476.5 1,811.7 1,641.7 1,230.8 1,496.4 1,557.3 1,377.9 982.4 1,179.6 1,321.4 1,270.6 958.2 1,100.4 1,420.2 1,279.5 939 1,020.2 1,219.6 1,202.4 802.0 970.5 1,087.7 1,063.5 843.9 948.8 1,103.9 977.3 788.7 844.6 1,082.2 921.4 691.3 856.4 1,003.7 669.2 428.6 545.0 665.3 561.3 383.9 504.1 592.3 545.7 394.0 329.6 502.4 462.4 327.9 428.0 509.4 504.6 340.9 373.9 488.0 465.4 374.6 471.5 598.7 597.8 451.6 530.4 615.4 590.3 459.7 529.7 601.7 587.0 482.9 499.1 563.9 543.8 389.7 435.7 495.7 462.3 340.1 416.2 471.9 400.8 464.4 440.1 477.4 300.8 498.6 430.5 362.5 276.1
Gross Profit 310 468 615 544 335 490 599 517 272 483.4 676 560 303 354.2 487.8 425.2 156.1 346.7 441.9 385.1 174.7 325.4 404.5 380.5 142.4 258.6 420.6 356.9 142.9 227.3 313.0 315.9 110.4 259.1 291.7 274.1 147.1 225.1 293.3 247.4 145.2 184.8 262.5 200.2 74.3 165.3 195.6 135.6 25.8 101.0 143.1 107.0 12.8 76.4 124.0 102.1 23.8 73.0 111.9 97.5 22.7 70.8 113.8 117.7 19.6 59.8 117.7 111.7 48.5 104.1 151.6 139.5 75.1 131.4 167.3 177.9 94.2 137.2 149.3 153.1 84.3 112.0 134.9 129.6 49.7 95.4 111.4 106.0 35.9 73.8 101.1 57.7 109.1 77.2 93.5 27.2 203.3 95.4 96.8 44.4
Operating Income 162 365 505 458 194 399 489 398 1,421 370.1 567 463 196 262.3 405.9 478.6 59.9 210.1 356.9 307.5 99.3 240.6 400.6 306.4 57.8 184.5 345.3 285.9 69.2 147.0 240.7 264.0 39.1 183.4 227.0 212.9 77.2 155.5 242.7 190.8 86.0 137.4 179.5 137.0 25.6 118.6 116.0 96.2 (15.9) 62.8 108.8 69.6 (23.3) 39.9 91.5 59.2 (35.3) 25.1 80.0 64.7 (4.4) 34.7 83.9 90.7 (12.9) 14.5 89.2 72.9 10.9 60.6 114.9 104.9 42.9 101.5 136.9 136.6 58.2 102.3 116.0 119.4 51.6 83.8 107.8 99.9 19.5 71.3 82.6 74.4 4.3 50.1 70.2 29.1 80.9 50.8 64.5 2.2 39.9 70.8 71.6 20.1
Net Income 1,513 279 414 328 116 294 363 294 1,045 282.5 417 348 121 183.6 295.3 366.5 21.4 156.8 254.6 225.8 65.3 183 294.4 217.6 25.9 131.0 248.6 189.5 42.9 94.4 180.2 185.4 10.0 377.2 151.5 142.3 42.3 98.9 159.5 122.1 45.0 83.2 117.5 81.9 6.1 64.0 53.7 59.5 (21.6) 36.0 71.8 41.3 (27.8) 21.5 62.9 36.8 (36.7) 14.8 49.2 35.8 (17.4) 14.8 52.0 54.4 (24.2) (3.2) 55.5 38.9 (5.8) 25.3 66.3 63.8 20.9 56.5 90.3 83.0 33.0 62.5 76.2 75.8 31.0 47.8 76.4 61.5 7.1 37.0 54.0 44.7 (6.5) 29.3 39.6 4.6 53.4 25.1 39.0 (4.7) 20.5 42.1 42.1 7.3
EPS (Diluted) 25.06 4.62 6.85 5.43 1.90 4.79 5.91 4.76 16.87 4.55 6.72 5.61 1.95 2.95 4.73 5.86 0.34 2.50 4.07 3.61 1.04 2.93 4.71 3.49 0.41 2.09 3.96 3.01 0.68 1.50 2.85 2.92 0.16 5.95 2.39 2.25 0.67 1.55 2.49 1.90 0.69 1.26 1.74 1.22 0.07 0.94 0.79 1.27 -0.47 0.77 1.54 0.89 -0.61 0.46 1.36 0.80 -0.81 1.07 0.78 -0.39 1.13 1.18 -0.54 1.23 0.86 -0.14 1.57 1.51 0.50 2.13 1.92 0.73 1.65 1.63 0.66 1.62 1.30 0.15 1.11 0.92 -0.14 0.81 1.09 0.82 -0.10 0.90 0.90 0.16
Balance Sheet
Cash & Equivalents 273 67 57 225 101 670 52 109 2,648 1,272 647.6 421.5 229.4 358 135.7 772.1 189.6 258.4 2,381.4 53.1 313.9 207.3 116.6 70.1 424 21 49.1 53.6 37.4 44.9 54.0 33.8 1,422.4 1,446.4 35.2 36.7 55.4 50.0 60.7 28.6 27.2 32.1 221.0 263.6 133.4 222.0 26.4 85.8 52.8 125.1 6.9 4.2 14.5 6.1 0 0 234.5 0 5.4 3.4 0 3.4 0.6 (0.2) 9 14.6 12.2 15.9 4 18.7 15 8.5 8.4 (4.3) 2.4 (4.6) (3.9) (2.9) (2.4) (3.2) (8.3) (2.2) (2.8) (6.2) (5.7)
Total Assets 20,497 18,711 18,653 18,070 17,724 18,170 16,469 16,333 16,240 15,125 14,917.8 15,246.2 14,890.9 14,993.6 14,729.7 14,542.8 14,241.5 14,393 13,786.2 11,223.1 10,659.3 10,580.8 10,435.4 10,226.6 10,503.4 10,131.6 10,223.5 10,163.7 10,048.4 9,551.4 9,588.2 9,596.8 8,948.0 8,992.5 7,566.8 7,515.9 7,393.8 7,300.9 7,373.2 7,233.3 7,058.3 3,096.4 3,244.9 3,239.3 3,207.2 3,253.1 2,721.9 2,313.0 2,265.7 2,319.2 2,307.0 2,268.9 2,273.0 2,322.0 2,258.4 2,234.6 2,157.1 1,841.4 1,854.3 1,838.1 1,766.4 1,742.6 1,733.5 1,669 1,596.8 1,588.6 1,236.4 1,200.2 1,121.7 1,105.7 1,145.8 1,121.2 762.7 768.9 750.6 746.4 706.8 789.4 736.8 703.9 670.6 593.9 604.6 588.5 552.9
Total Debt 5,688 5,323 5,903 5,809 5,807 5,804 4,434 4,741 4,743 4,726 4,725.7 5,433.3 5,432.2 5,428 5,442 5,455 5,518.2 5,534.1 5,542.7 3,306.1 3,072.8 3,084.8 3,099.4 3,226.6 3,745.9 3,260.2 3,411.3 3,607.0 3,658.2 3,120.4 3,209.7 3,218.9 3,028.1 3,027.2 1,723.6 1,785.8 1,846.3 1,686.2 1,764.8 1,786.4 1,752.8 1,059.5 1,251.4 1,251.3 1,283.7 1,338.5 1,128.9 714.2 731.6 718.1 756.1 767.9 744.9 783.2 834.6 854.7 852.0 646.7 601.3 601.7 601.7 641.7 603.3 602.2 601.9 617.8 334.4 353.2 342.8 312.1 353.2 377.2 135.2 131.4 125 130.2 131.6 231.7 105.1 109.8 116.3 110.4 111.2 113.8 115.4
Stockholders' Equity 11,297 10,034 9,735 9,363 9,081 9,453 9,169 8,838 8,875 8,034 7,802.5 7,421.1 7,175 7,170.5 6,935.7 6,770 6,428.9 6,535.3 6,355.9 6,125.9 5,923.9 5,890.7 5,756.4 5,491.1 5,296.9 5,350.8 5,302.0 5,094.9 4,972.5 4,946.4 4,939.4 4,843.4 4,676.6 4,679.6 4,331.2 4,197.8 4,073.4 4,140.0 4,155.3 4,013.5 3,942.7 1,375.6 1,332.3 1,365.2 1,262.1 1,240.2 987.3 1,128.1 1,090.7 1,129.8 1,086.0 1,046.2 1,083.0 1,091.8 999.1 944.1 874.8 863.3 848.6 813.0 775.9 774.0 739.7 707.4 670.3 667.7 641.8 600.5 559.1 561.8 544.3 509.2 484.4 481 466.5 444.6 422.8 423.5 412.7 394.3 379.4 376.3 369.7 352.6 334.1
Cash Flow
Operating Cash Flow 227 629 551 387 218 686 600 1 172 555.9 454 358 161 430.5 274.5 116.3 169.9 357.4 339.1 249.3 191.9 366.1 310.8 266.5 106.7 316.3 316.1 215.8 117.9 263.6 203.5 133.0 105.0 239.5 188.8 155.5 73.9 264.6 211.9 141.5 68.3 99.4 78.6 30.0 68.5 (16.6) 105.8 110.4 41.4 19.6 71.2 84.7 28.2 19.4 93.9 114.8 47.7 57.5 83.1 45.5 26.7 78.5 89.1 26.9 29.2 92.6 80.2 36.9 12.9 74.1 65.2 38.9 17.4 63 45.1 20.5 6.3 43.1 47.9 20.3 17.3 29.4 35.3 25.1 (10.3)
Capital Expenditure (186) (205) (190) (179) (233) (233) (283) (139) (200) (186.2) (171) (119) (174) (172.7) (88.4) (80.9) (139.8) (101.8) (108.3) (102.7) (110.3) (108.9) (75.1) (71.6) (104.1) (110.5) (75.6) (77.3) (130.1) (113.8) (73.9) (92.0) (96.3) (101.6) (92.7) (114.0) (102.1) (101.8) (74.9) (116.3) (94.2) (54.8) (54.1) (47.2) (40.6) (29.8) (38.2) (25.8) (28.6) (28.0) (43.4) (41.4) (39.7) (28.1) (44.7) (47.5) (51.0) (52.9) (44.6) (39.3) (34.0) (112.2) (40) (33.7) (29.0) (329) (57.3) (31) (54.5) (305.2) (27.2) (18.3) (14.8) (31.4) (18.4) (22.1) (11.3) (177.4) (19.2) (18.6) (15.5) (15.1) (3.5) (15.1) (13.3)
Free Cash Flow 41 424 361 208 (15) 453 317 (138) (28) 369.7 283 239 (13) 257.8 186.1 35.4 30.1 255.6 230.8 146.6 81.6 257.2 235.7 194.9 2.6 205.8 240.5 138.5 (12.2) 149.8 129.6 41.0 8.8 137.9 96.1 41.5 (28.2) 162.8 136.9 25.2 (25.9) 44.6 24.5 (17.2) 27.9 (46.4) 67.6 84.6 12.8 (8.4) 27.8 43.3 (11.5) (8.7) 49.1 67.3 (3.3) 4.5 38.6 6.2 (7.3) (33.7) 49.1 (6.8) 0.2 (236.4) 22.9 5.9 (41.6) (231.1) 38 20.6 2.6 31.6 26.7 (1.6) (5) (134.3) 28.7 1.7 1.8 14.3 31.8 10 (23.6)