Vail Resorts, Inc. logo MTN - Vail Resorts, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 24
HOLD 20
SELL 4
STRONG
SELL
0
| PRICE TARGET: $169.50 DETAILS
HIGH: $234.00
LOW: $139.00
MEDIAN: $160.50
CONSENSUS: $169.50
UPSIDE: 33.81%
Metric 2026 Q2 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 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 1999 Q4
Revenue
Revenue 1,083.9 271.0 271.3 1,295.6 1,137.2 260.3 265.4 1,283.3 1,078.0 258.6 269.8 1,238.4 1,101.7 279.4 267.1 1,176.7 906.5 175.6 204.2 889.1 684.6 131.8 77.2 694.1 924.6 267.8 244.0 958.0 849.6 220.0 211.6 844.5 734.6 220.8 209.1 794.6 725.2 178.3 179.9 647.5 162.1 579.3 530.2 128.3 135.5 543.0 452.7 123.4 112.3 469.7 422.5 116.3 113.5 421.1 373.3 116.4 130.0 422.1 395.1 241.2 137.1 350.3 300.5 80.8 101.9 333.5 388.8 152.8 270.5 423.8 360.0 97.9 96.5 369.5 361.0 113.5 124.0 341.4 288.0 85.4 120.0 327.5 264.6 97.9 83.1 288.5 247.2 104.1 80.7 248.2 76.9 217.8 57.8 189.4 70.4 74.6 249.8 162.9 65.8 64.9
Cost of Revenue 58.5 302.9 290.1 544.0 565.4 296.7 285.9 536.9 541.1 292.1 272.7 527.9 589.0 278.8 244.1 476.2 419.6 209.4 218.2 355.8 333.0 172.7 129.9 329.6 456.5 271.7 240.8 410.6 415.5 230.4 214.2 355.5 355.9 218.6 23.4 344.3 349.5 183.1 229.9 342.5 210.9 313.4 332.8 201.3 193.6 304.9 304.8 190.9 168.7 270.4 282.5 175.0 161.8 247.4 255.1 171.7 178.6 249.1 267.4 277.8 166.5 204.1 199.2 124.3 132.6 198.1 254.4 177.5 261.2 246.9 244.4 129.1 129.8 209.4 241.0 142.0 145.2 191.3 189.9 116.0 138.2 191.7 180.1 117.6 98.9 156.9 171.3 115.1 109.5 183.8 177.1 153.1 81.5 134.3 84.3 81.8 164.7 116.7 83.2 73.7
Gross Profit 1,025.4 (31.9) (18.8) 751.5 571.9 (36.4) (20.5) 746.4 536.8 (33.5) (2.9) 710.6 512.8 0.7 23.0 700.5 487.0 (33.8) (14.0) 533.3 351.7 (40.9) (52.7) 364.5 468.2 (4.0) 3.2 547.3 434.1 (10.4) (2.5) 489.0 378.6 2.2 185.8 450.4 375.7 (4.8) (50.0) 305.0 (48.8) 265.9 197.5 (73.1) (58.1) 238.1 147.9 (67.5) (56.4) 199.3 139.9 (58.6) (48.2) 173.8 118.2 (55.3) (48.6) 173.0 127.7 (36.6) (29.4) 146.1 101.3 (43.5) (30.6) 135.4 134.4 (24.7) 9.3 176.9 115.6 (31.2) (33.3) 160.1 120.0 (28.5) (21.2) 150.1 98.1 (30.6) (18.2) 135.7 84.5 (19.7) (15.7) 131.6 75.9 (10.9) (28.8) 64.4 (100.2) 64.7 (23.6) 55.1 (13.8) (7.2) 85.1 46.2 (17.4) (8.8)
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 121.6 110.4 106.3 106.0 114.5 106.9 95.1 94.2 112.7 108.0 85.2 88.9 116.6 98.8 87.2 91.8 91.3 77.2 86.5 73.3 78.1 59.0 51.5 60.8 91.3 75.1 64.5 68.2 77.4 64.4 57.0 66.2 70.7 57.9 0 63.8 71.2 50.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.6
Other Expenses 301.1 67.5 78.5 64.4 72.9 58.6 83.1 105.6 73.6 65.5 72.0 121.2 68.1 65.3 33.9 68.3 70.6 54.6 69.9 72.3 65.9 64.0 65.8 85.5 66.1 56.5 59.3 56.5 54.8 52.9 53.4 54.9 50.4 48.1 288.3 66.5 52.2 35.0 43.8 41.6 39.6 38.2 37.4 15.8 36.4 35.0 37.2 34.6 27.7 34.0 33.9 31.7 32.7 33.4 34.0 29.0 29.2 33.5 30.7 27.6 28.4 27.8 27.8 21.2 27.4 27.8 27.9 25.3 25.1 25.4 23.1 21.0 21.6 23.9 22.3 22.4 23.8 26.8 21.1 19.3 21.6 26.6 23.9 21.9 27.8 22.4 29.3 19.5 29.2 21.1 (48.0) 16.1 17.7 16.2 15.6 15.5 0 15 14.9 15.1
Operating Expenses 422.7 177.9 184.8 170.4 187.5 165.5 178.2 199.8 186.3 173.6 157.2 210.0 184.7 164.1 121.2 160.1 161.8 131.8 156.4 145.6 144.0 123.0 117.3 146.3 157.4 131.6 123.8 124.7 132.2 117.2 110.5 121.1 121.1 105.9 288.3 130.3 123.4 85.7 43.8 41.6 39.6 38.2 37.4 15.8 36.4 35.0 37.2 34.6 27.7 34.0 33.9 31.7 32.7 33.4 34.0 29.0 29.2 33.5 30.7 27.6 28.4 27.8 27.8 21.2 27.4 27.8 27.9 25.3 25.1 25.4 23.1 21.0 21.6 23.9 22.3 22.4 23.8 26.8 21.1 19.3 21.6 26.6 23.9 21.9 27.8 22.4 29.3 19.5 29.2 21.1 (48.0) 16.1 17.7 16.2 15.6 15.5 0 15 14.9 16.7
Operating Income
Operating Income 602.6 (209.8) (203.6) 581.2 384.4 (201.9) (198.7) 546.6 350.6 (207.1) (160.1) 500.5 328.0 (163.4) (98.1) 540.4 325.1 (165.7) (170.4) 387.7 207.7 (164.0) (170.0) 218.2 310.7 (135.5) (120.6) 422.6 301.8 (127.6) (113.0) 368.0 257.5 (103.7) (102.6) 320.1 252.3 (90.5) (93.8) 263.4 (88.5) 227.8 160.1 (88.8) (94.5) 203.2 110.7 (102.1) (84.1) 165.3 106.0 (90.3) (80.9) 140.4 84.2 (84.4) (77.8) 139.5 97.1 (64.3) (57.8) 118.3 73.5 (64.7) (58.0) 107.6 106.5 (50.0) (15.8) 151.5 92.6 (52.2) (54.9) 136.2 97.8 (50.9) (45.0) 123.2 77.0 (49.9) (39.7) 109.1 60.6 (41.6) (43.6) 109.2 46.6 (30.4) (58.0) 43.3 (52.2) 48.7 (41.3) 38.9 (29.5) (22.7) 85.1 31.2 (32.3) (25.5)
Interest Expense 49.5 51.3 45.8 41.3 42.4 42.8 45.6 39.9 40.6 40.7 40.2 39.1 38.4 35.3 36.1 35.1 37.4 39.5 39.1 39.0 37.8 35.4 33.4 24.5 26.1 22.7 20.3 19.6 21.0 18.6 16.4 15.6 16.0 15.2 9.8 14.2 14.2 12.0 10.5 10.4 10.1 13.7 13.8 13.6 15.3 16.4 16.2 16.1 13.7 8.4 8.5 8.4 8.6 8.4 8.5 8.2 8.5 8.5 8.7 7.9 4.9 3.7 4.1 4.8 5.8 6.5 7.3 0 0 8.4 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
Interest Income 0 0 0 0 0 0 0 0 0 0 0 7.7 7.1 0 2.7 0 0 0.5 0 0.3 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 0.1 0.1 0 0.3 0.1 0.1 0.1 0.2 0.2 0 0.1 0.2 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 677.0 (132.7) (124.7) 661.3 460.0 (126.0) (117.2) 619.0 427.3 (140.7) (82.5) 574.0 401.9 (101.7) (27.5) 605.6 385.4 (102.7) (108.5) 455.8 275.7 (96.5) (101.2) 275.5 374.3 (75.9) (60.9) 476.7 358.2 (77.5) (64.3) 413.9 319.6 (61.5) (37.8) 361.8 308.4 (44.6) (52.5) 305.2 (61.4) 266.0 197.7 (52.6) (70.6) 239.5 147.0 (67.2) (50.1) 199.5 139.6 (58.1) (48.3) 174.0 117.8 (55.0) (49.4) 164.3 127.7 (35.5) (29.8) 147.1 101.7 (37.0) (28.9) 135.2 135.5 (24.9) 8.1 175.5 116.2 (31.4) (33.4) 159.9 120.0 (28.5) (20.9) 150.0 98.4 (31.0) (19.1) 134.1 83.9 (20.5) (22.6) 131.6 69.2 (10.0) (34.4) 64.4 (31.8) 64.7 (23.6) 55.1 (13.8) (7.2) 101.1 46.2 (17.4) (7.0)
EBIT 602.6 (205.8) (201.8) 586.7 386.8 (197.6) (189.1) 550.5 357.9 (207.5) (151.3) 504.9 335.9 (166.3) (90.7) 539.9 323.3 (164.2) (171.7) 391.7 213.0 (159.1) (164.4) 210.8 310.5 (133.7) (117.5) 421.5 303.0 (128.5) (114.6) 359.8 268.2 (110.2) (86.7) 311.7 258.7 (85.2) (93.3) 263.7 (99.0) 227.7 160.3 (88.5) (105.3) 204.0 110.8 (101.4) (83.9) 165.8 106.2 (89.8) (80.7) 140.7 84.7 (83.9) (78.4) 133.4 97.4 (63.2) (57.7) 119.3 73.9 (64.2) (56.0) 107.6 108.0 (50.0) (15.8) 150.0 92.6 (52.2) (54.2) 136.3 98.2 (50.1) (43.7) 127.0 77.0 (49.9) (39.7) 109.1 60.6 (41.6) (43.6) 109.2 46.6 (30.4) (58.0) 43.3 (52.2) 48.7 (41.3) 38.9 (29.5) (22.7) 85.1 31.2 (32.3) (22.0)
Income Before Tax 298.1 (257.1) (247.6) 545.4 344.4 (240.3) (234.7) 510.7 317.3 (248.2) (191.5) 467.5 299.2 (201.6) (131.2) 504.8 286.0 (202.4) (210.9) 354.2 176.4 (194.5) (197.8) 186.3 284.3 (156.4) (137.7) 401.9 282.0 (147.1) (131.0) 344.2 252.3 (125.3) (96.5) 297.5 244.5 (97.1) (103.7) 253.3 (109.1) 214.0 146.5 (102.1) (120.5) 187.5 94.5 (117.5) (97.6) 157.4 97.6 (98.2) (89.2) 132.3 76.2 (92.1) (87.0) 124.9 88.8 (71.2) (62.6) 115.6 69.8 (69.1) (61.8) 101.1 100.7 (53.9) (17.9) 141.6 83.1 (40.7) (56.3) 128.7 86.9 (58.7) (51.2) 112.0 70.5 (56.3) (59.2) 95.6 52.4 (51.1) (53.7) 96.0 (7.5) (43.3) (70.5) 29.0 (55.9) 36.1 (36.8) 27.6 (36.2) (28.8) 76.1 19.2 (39.3) (27.6)
Income Tax Expense 88.1 (60.6) (54.7) 131.0 86.3 (58.4) (52.8) 129.3 87.5 (65.2) (56.9) 124.3 79.0 (58.0) (21.6) 118.2 52.0 (59.9) (65.9) 76.9 27.2 (37.5) (39.8) 26.4 67.3 (46.6) (45.4) 93.3 64.0 (36.4) (43.2) 71.9 3.6 (93.4) (35.2) 100.6 84.8 (33.5) (38.4) 95.8 (38.9) 80.6 30.8 (37.8) (45.1) 69.7 35.3 (44.1) (37.7) 59.8 37.1 (37.6) (35.4) 52.8 29.7 (36.4) (33.0) 48.0 34.2 (28.1) (20.4) 39.2 24.7 (25.6) (23.1) 36.7 36.4 (19.4) (6.8) 54.2 31.8 (16.1) (21.9) 50.2 33.9 (22.9) (20.0) 43.7 27.5 (21.9) (22.8) 36.8 20.2 (19.7) (17.4) 33.6 (0.8) (17.9) (34.5) 12.3 (20.2) 13.1 (14.7) 11.4 (15.0) (12.8) 33.3 8.3 (16.9) (14.1)
Net Income 210.0 (186.8) (185.5) 392.8 245.5 (173.3) (175.4) 362.0 219.3 (175.5) (128.6) 325.0 208.7 (137.0) (108.7) 372.6 223.4 (139.3) (140.8) 274.6 147.8 (153.8) (153.6) 152.5 206.4 (106.5) (89.5) 292.1 206.3 (107.8) (83.7) 256.3 235.7 (28.4) (57.1) 181.1 149.2 (62.6) (65.3) 157.6 (70.1) 133.4 115.8 (64.3) (75.4) 117.9 59.3 (73.4) (59.9) 97.6 60.6 (60.6) (53.8) 79.6 46.4 (55.7) (53.9) 76.9 54.6 (43.0) (41.9) 72.8 40.7 (41.2) (38.7) 61.6 60.5 (34.5) (11.1) 87.3 51.3 (24.6) (34.3) 78.5 53.0 (35.8) (31.3) 68.3 43.0 (34.3) (36.4) 58.8 32.2 (31.5) (36.3) 62.5 (6.7) (25.4) (36.0) 16.7 (37.4) 22.9 (22.1) 16.1 (21.2) (16.0) 42.8 10.9 (22.4) (13.5)
Per Share Data
EPS (Basic) 5.85 -5.20 -5.08 10.55 6.55 -4.61 -4.67 9.57 5.78 -4.60 -3.35 8.20 5.17 -3.56 -2.73 9.40 5.51 -3.44 -3.49 6.82 3.67 -3.82 -3.82 3.79 5.12 -2.64 -2.22 7.26 5.12 -2.66 -2.07 6.34 5.82 -0.71 -1.43 4.52 3.72 -1.70 -1.81 4.35 -1.92 3.67 3.19 -1.77 -2.08 3.26 1.64 -2.04 -1.67 2.72 1.69 -1.70 -1.51 2.21 1.29 -1.54 -1.49 2.13 1.52 -1.20 -1.17 2.01 1.12 -1.14 -1.07 1.69 1.66 -0.93 -0.30 2.26 1.32 -0.63 -0.88 2.02 1.37 -0.93 -0.81 1.78 1.15 -0.93 -1.01 1.64 0.91 -0.89 -1.06 1.77 -0.19 -0.72 -1.04 0.48 -1.07 0.65 -0.63 0.46 -0.61 -0.46 1.24 0.32 -0.65 -0.39
EPS (Diluted) 5.85 -5.20 -5.08 10.54 6.56 -4.61 -4.67 9.54 5.76 -4.60 -3.35 8.18 5.16 -3.56 -2.72 9.16 5.47 -3.44 -3.49 6.72 3.62 -3.82 -3.82 3.74 5.04 -2.64 -2.22 7.12 5.02 -2.66 -2.07 6.17 5.67 -0.71 -1.43 4.40 3.63 -1.70 -1.80 4.23 -1.92 3.56 3.10 -1.77 -2.08 3.18 1.60 -2.04 -1.67 2.66 1.65 -1.70 -1.51 2.17 1.27 -1.54 -1.49 2.08 1.48 -1.20 -1.17 1.98 1.11 -1.14 -1.07 1.68 1.65 -0.93 -0.30 2.24 1.31 -0.63 -0.88 1.99 1.35 -0.93 -0.81 1.75 1.12 -0.93 -0.99 1.61 0.89 -0.89 -1.03 1.77 -0.19 -0.72 -1.02 0.47 -1.07 0.65 -0.63 0.46 -0.61 -0.46 1.23 0.31 -0.64 -0.39
Shares Outstanding 35.9 35.9 36.5 37.2 37.4 37.5 37.5 37.8 38.0 38.1 38.4 39.6 40.3 40.3 40.2 39.6 40.5 40.4 40.4 40.3 40.3 40.2 40.2 40.2 40.3 40.3 40.3 40.3 40.3 40.5 40.5 40.4 40.5 40.0 40.1 40.1 40.0 36.8 36.1 36.2 36.4 36.4 36.3 36.2 36.2 36.2 36.1 36.0 35.9 35.9 35.9 35.6 35.7 36.0 35.8 36.1 36.1 36.0 36.0 35.9 35.9 36.3 36.2 36.2 36.2 36.6 36.6 36.9 36.9 38.7 38.9 39.1 39.1 38.9 38.7 38.5 38.5 38.4 37.4 36.9 36.0 35.8 35.4 35.3 34.4 35.3 35.5 35.3 34.7 34.8 35.0 35.3 34.9 35.1 34.7 34.4 34.5 34.1 34.5 34.5
Metric 2026 Q2 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 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
Current Assets
Cash & Cash Equivalents 384.7 581.5 440.3 467.0 488.2 403.8 322.8 716.9 825.5 728.9 563.0 896.1 1,295.3 1,180.9 1,107.4 1,401.2 1,407.0 1,468.4 1,244.0 1,344.7 1,301.0 462.2 391.0 482.7 126.8 136.3 108.8 59.6 158.6 141.0 178.1 181.6 235.5 140.4 117.4 195.8 140.9 106.8 67.9 68.6 58.0 13.0 69.3 139.2 102.7 316.4 42.6 18.5 7.9 24.7 25.2 13.1 53.5 21.8 25.6 20.7 8.8 29.9 22.6 19 18.3 10.1 17.7 20.5 13.4 11.7 28.1 14.7 21.7 58 15.2 12.7
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
Net Receivables 160.0 175.8 382.4 335.9 123.6 130.2 375.8 342.9 138.3 105.5 381.1 351.6 160.4 118.5 383.4 267.1 167.1 109.0 345.4 208.1 117.0 208.5 106.7 100.2 105.3 87.3 270.9 273.1 87.7 74.2 230.8 220.2 85.4 84.6 186.9 174.4 80.8 59.4 147.1 145.5 45.4 32.8 58.1 50.5 44.5 35.3 46.2 34.9 49.7 41.7 34.9 31.8 34.1 29.0 43.2 39.3 39.4 43.1 42.6 26.6 29.7 47.9 57.7 25.5 26.5 27.8 28.8 22.1 16.4 30 14.2 4.7
Inventory 141.4 154.4 117.2 114.6 132.0 152.9 119.0 107.8 134.8 157.7 132.5 103.6 122.1 139.9 108.7 92.6 104.6 103.7 80.3 73.0 86.9 100.9 101.9 101.7 113.9 127.9 96.5 84.1 103.0 115.0 85.6 79.4 97.5 108.1 84.8 77.3 93.4 112.8 74.6 68.9 51.6 62.8 48.9 52.2 67.7 42.6 34.9 41.8 31.8 36.0 41.1 32.3 26.3 24.8 27.6 30.9 24.1 21.7 26.3 29 22.8 19.6 24.4 28.3 8.9 10.3 13 10.8 8.7 9.2 6.3 4.6
Other Current Assets 136.6 57.9 51.9 47.5 43.8 166.7 32.9 61.3 80.2 142.4 88.3 131.1 182.4 182.3 192.0 84.5 88.7 96.8 75.9 58.9 68.6 70.0 65.6 66.2 67.8 76.8 51.7 50.1 66.0 62.8 44.2 38.5 62.6 62.7 44.0 51.1 58.7 53.4 33.3 63.4 67.2 62.3 52.7 53.7 54.4 73.2 30.6 25.8 39.5 26.8 24.5 32.1 18.2 18.8 17.2 19.1 28.0 16.5 18.5 17.3 21.9 16.8 16.8 16.9 22.9 34.9 32.4 28.8 26.1 26.2 27.4 22.7
Total Current Assets 822.7 1,047.6 1,049.8 1,003.9 844.5 853.6 902.0 1,228.9 1,178.8 1,134.5 1,208.1 1,482.4 1,760.1 1,621.7 1,791.5 1,845.4 1,767.4 1,777.9 1,745.6 1,684.8 1,573.5 841.6 665.1 750.9 413.8 428.3 527.9 466.9 415.3 393.0 538.7 519.7 481.0 395.7 433.1 498.7 373.7 332.4 322.9 346.3 222.2 170.9 229.0 295.6 269.3 467.6 154.4 121.1 117.0 129.1 125.7 109.4 131.2 92.5 113.6 110.0 100.4 111.2 110 91.9 92.7 94.4 116.6 91.2 71.7 84.7 102.3 76.4 72.9 123.4 63.1 44.7
Non-Current Assets
Property, Plant & Equipment 2,650.8 2,616.9 0 2,640.6 2,633.4 2,689.3 2,679.3 2,475.7 2,539.3 2,531.7 2,563.8 2,570.3 2,622.1 2,505.3 2,310.1 2,340.2 2,389.0 2,266.8 2,272.6 2,328.3 2,374.2 2,385.5 2,418.4 2,419.1 2,491.2 2,509.8 1,842.5 1,847.4 1,831.1 1,826.0 1,627.2 1,640.7 1,702.2 1,694.7 1,714.2 1,647.0 1,694.7 1,699.1 1,363.8 1,370.4 1,039.6 1,051.9 1,057.7 1,084.0 1,077.8 868.7 988.4 934.3 932.3 946.5 919.7 913.8 778.4 677.1 681.6 657.3 655.2 637.7 630.7 626.5 611.1 553.1 547.9 537 501.4 500.9 491.6 411.1 498.8 486.7 212.6 197.3
Goodwill 1,698.1 1,664.5 1,675.2 1,678.9 1,627.0 1,671.1 1,678.0 1,676.6 1,699.9 1,668.0 1,720.3 1,694.0 1,723.0 1,688.7 1,754.9 1,752.5 1,764.1 1,790.5 1,781.0 1,801.3 1,760.9 1,711.9 1,709.0 1,673.3 1,750.0 1,757.5 1,608.2 1,596.9 1,547.1 1,543.9 1,475.7 1,488.7 1,534.0 1,484.3 1,519.7 1,430.0 1,469.8 1,454.9 509.0 509.1 167.9 167.9 167.9 167.9 142.3 135.9 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
Intangible Assets 300.1 296.0 298.5 300.0 292.8 300.5 302.5 299.3 304.1 300.5 309.3 306.5 310.7 307.4 314.1 315.0 318.1 319.2 319.1 323.5 319.0 313.4 314.8 310.0 321.4 324.2 306.2 306.5 305.9 307.3 280.6 283.8 293.1 287.1 294.9 280.5 289.2 286.4 140.0 141.2 79.2 79.4 79.4 79.8 72.5 73.2 232.1 232.6 233.5 222.9 216.6 217.6 204.8 192.8 191.4 193.7 194.9 196.7 199 198.9 201.5 196.1 197.5 199.8 186.1 199.7 202.6 200.3 233.2 236.9 83.5 85.1
Long-Term Investments 76.3 85.2 87.9 87.9 90.8 85.3 86.5 86.6 86.7 (199.6) (276.1) 90.1 0 95.6 96.0 (404.1) (187.1) (117.2) (252.8) (247.9) (169.4) (113.9) (234.2) (181.3) (157.3) (91.7) (168.8) (173.1) (78.1) (13.4) (133.9) (116.1) (41.2) (34.2) (171.4) (173.6) (69.8) 18.7 (130.0) (188.3) 414.5 366.7 311.5 247.3 (57.1) (130.2) (59.7) (60.8) (10.1) (68.0) (55.6) (10.4) (9.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (78.9) 0 0 0 0
Other Non-Current Assets 51.9 53.4 2,666.5 51.8 42.8 42.4 (239.1) (243.0) (233.3) 38.8 146.1 (345.1) 149.1 (143.7) (217.1) 144.1 35.8 37.3 132.7 42.5 41.5 41.4 136.9 39.8 40.4 41.0 141.3 42.8 43.9 44.0 142.8 43.0 43.2 44.1 148.8 44.4 42.4 34.5 146.3 37.4 (81.1) (54.7) 17.7 (50.5) 303.4 349.7 160.8 161.5 172.7 175.8 193.2 206.9 238.0 148.5 186.8 182.7 177.4 175.2 194.5 188 183.9 171.2 174.1 176.1 73.6 148.7 151.6 168.1 9.5 10.1 91 56
Total Non-Current Assets 4,777.3 4,716.2 4,728.1 4,759.2 4,686.7 4,788.6 4,787.1 4,579.8 4,683.3 4,625.5 4,739.6 4,717.0 4,804.8 4,659.2 4,526.5 4,551.9 4,602.3 4,512.7 4,505.5 4,591.8 4,592.4 4,548.9 4,579.1 4,538.8 4,699.9 4,729.4 3,898.1 3,894.9 3,829.7 3,822.9 3,526.2 3,555.8 3,675.8 3,612.9 3,677.6 3,510.1 3,608.8 3,591.8 2,159.2 2,175.0 1,733.8 1,699.3 1,655.5 1,622.0 1,595.9 1,427.6 1,381.3 1,328.4 1,338.4 1,345.2 1,329.5 1,338.3 1,221.2 1,062.7 1,059.8 1,033.7 1,027.5 1,009.6 1,024.2 1,013.4 996.5 920.4 919.5 912.9 840.4 849.3 845.8 779.5 741.5 733.7 387.1 377.9
Total Assets 5,600.0 5,763.8 5,777.9 5,763.0 5,531.2 5,642.2 5,698.4 5,808.7 5,847.7 5,760.0 5,947.8 6,199.5 6,565.0 6,280.9 6,318.0 6,397.3 6,369.7 6,290.6 6,251.1 6,276.6 6,165.8 5,390.5 5,244.2 5,289.7 5,113.7 5,157.7 4,426.1 4,361.7 4,244.9 4,215.9 4,065.0 4,075.4 4,156.8 4,008.6 4,110.7 4,008.9 3,982.5 3,924.1 2,482.0 2,521.3 1,956.1 1,870.1 1,884.5 1,917.6 1,865.2 1,895.1 1,535.7 1,449.5 1,455.4 1,474.4 1,455.1 1,447.7 1,352.4 1,155.2 1,173.4 1,143.7 1,127.8 1,120.8 1,134.2 1,105.3 1,089.2 1,014.8 1,036.1 1,004.1 912.1 934 948.1 855.9 814.4 857.1 450.2 422.6
Current Liabilities
Account Payables 142.2 143.1 140.0 128.6 138.2 141.9 141.2 103.5 130.8 161.6 148.5 114.2 179.2 162.4 151.3 104.1 137.9 116.5 98.3 64.4 86.3 74.6 59.7 62.1 126.8 141.7 96.4 80.2 106.2 118.6 80.8 58.2 94.7 103.5 71.6 51.3 88.8 90.8 72.7 47.1 339.3 330.3 245.5 56.8 73.3 238.0 227.0 191.4 152.0 210.2 165.3 141.7 131.1 114.1 159.0 130.5 111.1 117.0 151.4 121 89.4 89.4 125 104.6 0 58.4 102.8 70.2 54.9 78.2 66.4 0
Short-Term Debt 109.6 589.7 599.5 590.4 584.2 57.0 59.3 68.5 69.1 69.7 69.2 69.0 69.6 67.8 63.7 63.7 63.7 114.8 114.1 113.5 112.8 63.7 63.7 63.6 63.6 63.8 48.5 48.5 48.5 48.5 38.5 38.4 38.4 38.4 38.4 38.4 38.4 38.4 13.4 13.3 1.9 1.9 0.4 0.3 0.4 0.4 14.9 3.5 27.9 26.6 3.5 4.8 4.3 1.8 2.0 1.8 2.0 1.5 1.5 1.5 2.1 0.5 2.1 0.7 0 1.7 1.7 1.7 0.3 0.3 0.8 0
Deferred Revenue 0 927.3 602.1 468.6 688.4 901.6 575.8 448.8 660.3 872.4 572.6 448.3 619.5 787.5 511.3 326.0 611.5 743.8 456.5 238.1 480.4 559.3 256.4 219.4 426.7 549.1 335.7 297.9 346.4 450.3 282.1 251.1 292.3 407.8 240.1 206.5 259.2 328.0 182.5 164.9 0 0 0 0 82.3 0 (227.0) (191.4) (152.0) 0 0 0 (131.1) (114.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,057.7 179.0 64.9 196.6 186.7 143.3 (8.9) 150.3 68.0 104.0 120.6 173.9 161.5 125.8 136.3 171.3 154.9 124.0 124.4 107.3 124.1 103.7 77.1 124.5 146.0 109.1 87.7 84.4 129.1 83.0 67.6 58.1 114.1 69.1 78.6 72.9 110.1 66.0 70.1 206.6 0 0 0 0 156.2 11.7 0 0 0 2.7 3.2 6.5 0 0 0.6 1.4 (3.0) 0 0 0 1.7 2.3 2.2 2.3 59 0.4 0.4 6 5.9 6 48.1 99
Total Current Liabilities 1,323.4 1,937.0 1,667.6 1,632.6 1,786.7 1,363.7 1,106.5 1,040.7 1,228.8 1,362.8 1,130.7 986.4 1,287.9 1,342.7 1,110.9 829.9 1,155.0 1,267.8 978.4 717.1 982.5 950.2 603.5 555.4 918.4 971.5 719.1 614.9 761.8 790.4 593.6 497.8 659.5 709.6 604.6 490.4 630.8 655.0 506.5 371.5 351.6 337.9 251.3 335.7 377.7 250.1 242.0 194.9 180.0 239.5 172.0 152.9 135.3 115.9 161.7 133.8 110.2 118.4 152.9 122.5 93.1 92.2 129.3 107.6 59 60.5 104.9 77.9 61.1 84.5 115.3 99
Non-Current Liabilities
Long-Term Debt 2,857.8 2,583.3 2,211.3 2,106.4 2,118.0 2,710.0 2,721.6 2,700.3 2,721.6 2,732.0 2,750.7 2,773.7 2,789.8 2,769.7 2,670.3 2,687.5 2,695.6 2,704.6 2,749.1 2,740.0 2,768.0 2,387.9 2,387.1 2,365.4 1,488.0 1,684.5 1,215.7 1,310.9 1,345.3 1,487.0 1,234.3 1,078.0 1,182.3 1,262.3 905.2 1,168.2 1,216.7 1,371.8 686.9 615.8 489.9 489.9 491.6 491.8 491.8 575.2 628.1 576.9 556.2 546.2 625.0 598.0 450.7 330.6 380.5 420.2 392.2 342.0 399.6 424.1 396.1 293.3 332.7 356.5 282.3 246.6 289.3 263.3 228 228 129.4 144.7
Deferred Tax Liabilities 264.3 264.3 252.0 279.3 278.4 279.7 327.8 284.7 286.6 286.0 276.1 401.2 288.1 205.9 268.5 404.1 282.4 216.0 320.7 344.2 266.2 210.5 234.2 277.8 254.2 188.6 168.8 274.3 179.8 115.2 133.9 215.7 144.4 136.9 171.4 281.8 182.5 98.2 130.0 305.1 113.8 88.0 112.2 93.5 57.1 130.2 59.7 60.8 78.8 68.0 55.6 73.4 117.7 118.3 88.9 77.5 92.6 110.2 76 67.8 84.7 101.3 76.7 64.8 0 126.6 97.1 85.7 74.5 84 43 0
Other Non-Current Liabilities 297.9 300.0 294.5 288.5 301.6 310.3 260.8 306.2 291.3 (107.4) 286.3 (97.7) 237.5 234.3 246.4 (122.5) 254.2 243.3 183.2 (202.7) (201.5) (198.1) 165.1 142.4 136.7 130.0 173.9 137.3 142.5 139.8 177.2 140.9 149.8 173.3 183.3 159.9 151.3 124.5 148.4 554.4 219.1 216.1 233.2 221.8 223.4 166.4 110.5 119.2 115.0 96.9 96.3 90.6 71.5 33.7 33.4 31.4 31.7 30.7 30.5 30.7 31.1 28.4 29.5 27.1 108.2 23.3 24.1 23.3 28.9 27.7 23.3 55
Total Non-Current Liabilities 3,631.8 3,358.7 3,356.4 2,894.5 2,928.4 3,533.2 3,546.6 3,446.0 3,468.2 3,469.0 3,481.4 3,613.6 3,499.7 3,386.4 3,359.7 3,502.2 3,421.0 3,356.3 3,443.6 3,532.9 3,496.9 3,064.6 3,109.1 3,104.0 2,545.1 2,663.8 1,980.1 1,853.5 1,800.1 1,875.7 1,659.7 1,573.5 1,616.5 1,689.6 1,707.2 1,730.2 1,671.1 1,742.3 1,087.1 1,170.3 822.8 794.0 837.0 807.1 772.2 871.8 798.4 756.9 750.1 711.0 777.0 762.0 639.9 482.6 502.8 529.1 516.5 482.9 506.1 522.6 512.0 423 438.9 448.4 390.5 396.5 410.5 372.3 331.4 339.7 195.7 199.7
Total Liabilities 4,955.2 5,295.7 5,024.0 4,527.1 4,715.1 4,896.9 4,660.0 4,486.7 4,697.0 4,831.8 4,612.1 4,600.0 4,787.6 4,729.1 4,470.5 4,332.1 4,576.1 4,624.1 4,422.0 4,249.9 4,479.4 4,014.8 3,712.6 3,659.4 3,463.5 3,635.3 2,699.2 2,468.4 2,561.8 2,666.1 2,253.3 2,071.3 2,276.0 2,399.2 2,311.8 2,220.6 2,301.9 2,397.3 1,593.6 1,541.8 1,174.4 1,131.9 1,088.4 1,142.8 1,149.9 1,121.9 1,040.3 951.9 930.0 950.5 949.0 915.0 775.2 598.5 664.5 663.0 626.7 601.3 659 645.1 605.1 515.2 568.2 556 449.5 457 515.4 450.2 392.5 424.2 311 298.7
Stockholders' Equity
Common Stock 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 0.5 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 0.5 0.5 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0 0 0 0.3 0 0 0.3 0 0 0 0.2
Retained Earnings 583.0 452.1 718.7 997.4 687.2 524.5 780.4 1,039.0 760.8 619.7 873.7 1,081.0 837.6 705.9 895.9 1,081.5 786.5 598.8 773.8 914.6 639.9 492.1 645.9 799.5 717.6 582.2 759.8 920.3 699.0 551.9 726.7 869.9 673.1 480.0 551.0 650.3 511.5 394.7 486.7 581.2 356.5 315.8 357.0 334.1 273.5 239.4 48.6 55.4 80.8 84.6 67.8 92.6 138.4 124.6 83.8 67.7 88.8 104.8 62 51.1 73.5 87 56.8 40.3 60.7 77.5 35.8 19.7 36.2 49.5 5.1 0
Accumulated Other Comprehensive Income (8.5) (61.7) (57.9) (57.1) (134.7) (71.4) (67.3) (64.6) (29.8) (78.4) (10.4) (42.4) (8.6) (68.9) 10.9 10.8 10.4 44.7 27.8 50.6 8.2 (52.4) (56.8) (109.6) (44.1) (27.3) (31.7) (36.5) (13.9) (20.6) (2.2) 10.5 58.8 10.6 44.4 (44.7) (0.9) (19.8) (1.6) (1.2) (796.6) (771.4) (744.7) (697.2) (672.6) (585.3) (0.8) (0.2) (0.2) (0.9) (1.0) (1.3) (223.2) 0 (177.7) (177.7) (175.7) (165.4) (138.3) (139.5) 0 (116.1) (106.6) (93.7) 0 (59.9) (59.9) 0 (35.2) (35.2) 0 0
Total Stockholders' Equity 301.8 156.5 424.5 895.4 530.7 444.1 723.5 1,003.5 829.9 633.0 1,003.9 1,273.9 1,462.6 1,264.9 1,612.4 1,829.3 1,565.5 1,432.5 1,594.6 1,782.2 1,460.7 1,166.1 1,316.7 1,422.1 1,425.5 1,302.5 1,500.6 1,666.4 1,463.3 1,339.6 1,589.4 1,770.7 1,645.3 1,401.4 1,571.2 1,576.7 1,477.9 1,338.3 874.5 965.7 770.2 726.6 765.3 743.9 688.1 743.2 464.5 470.9 496.2 500.1 482.8 507.3 550.4 532.8 491.9 475.4 493.8 509.5 467.6 454.6 476.8 490 459.6 442.7 462.6 477 432.7 405.7 421.9 432.9 139.2 123.9
Total Liabilities & Equity 5,600.0 5,763.8 5,777.9 5,763.0 5,531.2 5,642.2 5,698.4 5,808.7 5,847.7 5,760.0 5,947.8 6,199.5 6,565.0 6,280.9 6,318.0 6,397.3 6,369.7 6,290.6 6,251.1 6,276.6 6,165.8 5,390.5 5,244.2 5,289.7 5,113.7 5,157.7 4,426.1 4,361.7 4,244.9 4,215.9 4,065.0 4,075.4 4,156.8 4,008.6 4,110.7 4,008.9 3,982.5 3,924.1 2,482.0 2,521.3 1,956.1 1,870.1 1,884.5 1,917.6 1,865.2 1,895.1 1,535.7 1,449.5 1,455.4 1,474.4 1,455.1 1,447.7 1,352.4 1,155.2 1,173.4 1,143.7 1,127.8 1,120.8 1,134.2 1,105.3 1,089.2 1,014.8 1,036.1 1,004.1 912.1 934 948.1 855.9 814.4 857.1 450.2 422.6
Debt Metrics
Total Debt 3,179.3 3,420.0 3,444.2 2,952.2 2,966.8 3,034.8 3,044.8 2,962.8 2,998.2 3,398.3 3,025.1 3,416.1 3,080.4 3,049.4 2,942.8 3,323.9 2,983.6 3,047.7 3,075.5 3,437.8 3,477.5 3,048.3 2,706.6 2,639.8 2,110.7 2,301.7 1,595.3 1,379.1 1,414.2 1,556.5 1,294.6 1,139.0 1,244.1 1,324.7 1,297.1 1,231.8 1,281.1 1,437.4 727.6 657.2 491.7 491.8 492.0 492.1 492.1 575.6 643.0 580.4 584.2 572.8 628.5 602.8 454.9 332.4 382.6 422.0 394.2 343.5 401.1 425.6 398.2 293.8 334.8 357.2 284 248.3 291 265 228.3 228.3 130.2 144.8
Net Debt 2,794.5 2,838.5 3,004.0 2,485.2 2,478.5 2,631.1 2,722.0 2,245.9 2,172.7 2,669.4 2,462.1 2,520.0 1,785.1 1,868.5 1,835.4 1,922.7 1,576.6 1,579.4 1,831.6 2,093.0 2,176.5 2,586.1 2,315.6 2,157.2 1,983.9 2,165.4 1,486.4 1,319.5 1,255.6 1,415.5 1,116.4 957.4 1,008.6 1,184.3 1,179.7 1,036.0 1,140.1 1,330.7 659.7 588.6 433.7 478.8 422.7 352.9 389.5 259.1 600.5 561.9 576.3 548.1 603.4 589.7 401.4 310.6 356.9 401.3 385.4 313.6 378.5 406.6 379.9 283.7 317.1 336.7 270.6 236.6 262.9 250.3 206.6 170.3 115 132.1
Metric 2026 Q2 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 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
Operating Activities
Net Income 225.8 (196.5) (192.9) 414.3 258.1 (181.5) (181.9) 362.0 219.3 (183.0) (134.6) 343.2 220.1 (143.6) (109.7) 386.6 233.9 (142.5) (144.9) 277.3 149.1 (157.0) (158.0) 159.8 217.0 (109.8) (92.3) 308.5 218.0 (110.7) (87.8) 272.3 248.7 (31.9) (61.2) 196.9 159.7 (63.6) (65.3) 157.5 58.8 32.2 (31.5) (6.7) (25.4) (36.0) 35.5 16.8 (24.8) (37.4) 46.5 22.9 (24.4) (22.1) 40.8 16.1 (16.0) 42.8 10.9 (22.4) (13.5) 30.2 16.6 (20.5) (16.8) 41.7 16.1 (16.5) (13.3) 44.4 5.1 (10.5) (9.1)
Depreciation & Amortization 74.3 73.1 77.1 74.6 73.1 71.6 71.9 68.5 69.4 66.7 68.8 69.1 66.0 64.6 63.2 65.7 62.1 61.5 63.2 64.1 62.7 62.6 63.2 64.7 63.8 57.8 56.6 55.3 55.2 51.0 50.3 54.1 51.4 48.6 48.9 50.0 49.6 40.6 40.8 41.5 25.0 23.3 21.1 22.6 20.4 23.6 20.8 19.9 18.0 20.4 16.6 16.1 15.4 17.7 15.9 16.2 15.5 16.0 15 14.9 15.1 13.5 12.9 11.8 11.8 11.8 13.5 9.6 9.6 9.8 5 4.5 4.5
Stock-Based Compensation 7.0 6.2 12.8 7.0 7.5 6.7 6.6 6.1 7.3 6.8 6.3 5.9 6.8 6.3 6.0 6.0 6.5 6.4 5.9 6.2 6.6 5.8 4.9 5.3 5.5 5.3 5.1 4.9 5.1 4.8 5.0 4.6 4.9 4.5 4.7 4.4 4.6 4.6 4.4 4.3 0 0 0 0 0 1.3 0 0 0 1.4 0 0 0.2 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (126.3) 497.3 105.3 (489.7) (455.0) 455.0 138.3 (503.1) (154.9) 495.0 80.6 (460.9) (93.5) 455.0 147.3 (408.9) (127.0) 483.1 123.2 (333.8) 97.9 240.1 49.0 (347.8) (25.4) 300.8 105.3 (305.3) (11.8) 262.6 80.6 (248.6) (25.8) 164.2 116.6 (218.6) (24.5) 109.8 111.0 (153.5) 9.2 81.5 28.5 95.5 51.0 (141.1) 24.2 113.4 20.7 13.2 (24.7) 16.7 19.1 (1.1) (19.3) 23.5 (10.4) (31.9) 17.7 25.9 5.1 (23.7) (7.4) 31.7 (11.5) (40.4) 6.7 6.1 (5.9) (12.2) 1.4 2.1 (54.3)
Other Non-Cash Items 18.4 (3.6) 6.3 (19.5) 384.3 (11.2) 10.4 47.1 14.1 8.2 11.3 40.3 (6.0) 8.6 (32.4) (6.0) 21.0 (2.8) 12.0 0.5 3.3 (3.2) 1.4 20.7 (0.2) (0.8) (2.6) 2.5 (1.6) 1.3 2.5 6.7 (11.9) 4.9 (14.9) 28.1 (2.8) (12.3) 4.6 0.4 (25.0) (23.3) (21.1) (22.6) (20.4) 116.6 (20.8) (37.9) 0 1.0 4.7 21.8 1.6 (6.2) 5.1 7.4 5.5 24.4 (6) (0.1) 8.7 3.3 4.2 4.5 30.1 (1.7) 53.4 (48.3) 5.7 1.6 41.1 24.4 55.7
Operating Cash Flow 259.9 315.9 (171.6) 117.7 326.3 282.4 (94.2) 109.9 242.7 328.5 (87.3) 121.4 272.5 333.0 (62.5) 161.7 262.3 349.0 (25.9) 92.1 347.1 112.0 (72.0) (70.7) 328.4 209.3 (31.4) 159.4 329.1 177.1 (31.7) 162.4 272.2 148.8 (21.4) 161.4 271.4 45.5 (28.7) 146.0 68.0 113.7 (3.0) 88.8 25.6 (31.2) 59.7 112.2 13.9 (31.1) 71.2 93.9 (2.3) (31.2) 71.9 74.6 (23.1) 85.6 48.7 0.4 1.3 48 45.6 7.7 (8.2) 41.4 101.1 (7.3) (12.3) 72.5 50.5 12.6 (10)
Investing Activities
Capital Expenditure (74.9) (71.7) (55.9) (33.2) (75.0) (71.0) (56.1) (24.8) (76.9) (53.4) (53.7) (54.7) (82.5) (124.1) (31.0) (33.0) (78.7) (50.1) (29.5) (18.3) (37.2) (30.2) (26.6) (24.0) (69.2) (52.6) (45.1) (33.4) (65.7) (47.9) (34.3) (18.9) (49.9) (37.4) (32.6) (18.4) (47.4) (46.0) (20.9) (11.1) (19.5) (19.3) (29.2) (22.8) (20.9) (30.1) (9.9) (42.8) (23.5) (25.3) (15.5) (14.3) (21.2) (15.5) (18.5) (7.2) (24.7) (11.6) (15) (26.4) 0 (43.1) 35.5 (79.8) (15.7) 35.2 (45.4) (68) (15.1) (12.6) (12.2) (5.6) (5.1)
Acquisitions 0 0 0 0 0 0 (94.4) 0 0 0 (190.4) 0 0 75.9 (114.4) 1.8 (118.1) 0 0 0 0 0 0 0 0.0 (327.6) 0 (126.4) 0.3 (292.9) 0 0 0 (1.4) (40.9) 0 0 (512.3) 0 0 0 0 0 0 0 0 0 0 0 (90.1) 2.9 0 0 (16.9) 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 0 173.5 0 0 (86.8) 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (9.2) (10.1) (17) 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 (57.6) 0 5.2 52.4 16.9 38.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.5 0.5 0.7 0.8 0 0
Other Investing Activities 0.6 0 6.9 5.8 18.0 0.0 57.9 0.0 0.1 6.5 1.7 1.5 11.0 0.4 53.0 1.2 11.1 10.3 1.2 9.0 0.7 0.9 0.3 3.3 0.1 3.4 1.8 11.5 1.7 0.1 0.3 0.1 1.8 5.2 0.6 0.3 5.7 8.2 4.6 (3.1) (5.9) (4.6) (9.0) (2.6) (0.2) 5.9 (0.4) (13.9) (16.0) (17.6) (10.0) (100.4) (13.4) (4.2) (7.1) (16.0) (16.2) (9.0) (5.1) (8.1) (83.5) 25.2 (58.7) 0 (4.8) (51.9) (67.8) 29.6 (0.1) (139.5) (0.1) (18.3) (9.6)
Investing Cash Flow (74.3) (71.7) (49.0) (27.5) (57.0) (71.0) (150.2) (24.8) (71.6) 5.6 (51.9) (15.2) (71.5) (134.5) (92.4) (30.0) (185.7) (39.9) (28.3) (9.3) (36.5) (29.3) (26.3) (20.7) (69.0) (376.8) (43.4) (148.3) (63.7) (340.7) (34.0) (18.8) (48.1) (33.7) (72.9) (18.1) (41.7) (550.2) (16.3) (14.2) (25.4) (23.9) (38.2) (25.4) (21.1) (24.2) (10.2) (56.7) (39.6) (133.0) (22.6) (114.7) (34.6) (36.6) (25.6) (23.2) (40.8) (20.6) (20.1) (34.5) (83.5) (17.9) (23.2) (79.8) (20.5) (16.7) (113.2) (37.9) (23.9) (161.5) (28.5) (23.9) (14.7)
Financing Activities
Net Debt Issuance (262.3) (12.3) 487.7 (12.3) (60.3) (12.3) (9.0) (15.6) (15.6) (15.6) (27.0) (15.6) (15.6) (15.6) (25.1) (15.6) (67.1) (38.8) (10.6) (37.3) 544.0 (1.4) 26.7 541.5 (192.0) 310.1 215.0 (45.7) (143.1) 263.3 155.2 (102.2) (86.4) 30.5 55.3 (45.7) (159.7) 569.4 71.9 (67.6) (26.1) (103.0) 25.9 (9.9) (4.6) 59.3 (53.2) (56.0) 25.1 144.4 (20.8) 33.1 29.8 56.0 (50.2) (39.5) 49.9 (57.6) (24.5) 27.4 104.7 (38) (25.5) 73 0 (42.8) 0 80.8 0 33.8 (19.6) 0 0
Stock Repurchased (45) 0 (200) (30) (20) (20) (25) (75) (0.1) (50) (100) (400) 0 0 (37.5) (37.6) (26.8) 0 (29.8) 0 0 0 0 (25.0) 0 (21.4) (15.1) (0.5) (35) (50) (25.8) (25.8) (2.2) (69.5) (0.4) (3.1) (0.2) (11.5) 0 (13.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.1 0 5.2 0 0 0 0 0 0
Dividends Paid (79.1) (79.8) (79.7) (82.5) (82.8) (83.1) (83.2) (83.8) (78.2) (78.5) (78.7) (81.6) (77.0) (77.0) (76.9) (77.5) (35.7) (35.6) 0 0 0 0 (0.0) (70.7) (71.0) (71.1) (71.0) (70.9) (59.2) (59.5) (59.5) (59.5) (42.6) (42.6) (42.2) (42.3) (32.4) (29.4) (29.3) (29.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (5.8) (8.9) (13.1) (10.0) (7.3) (16.9) (24.1) (7.8) (3.6) (9.5) (6.7) (4.6) (4.1) (12.0) (1.1) (1.3) (6.3) (10.4) 0.8 (1.7) (18.0) (11.2) (21.9) (4.6) (5.4) (19.1) (18.9) (3.0) (3.7) (17.9) (32.5) (4.4) (4.5) (7.0) (1.9) 0.3 (4.3) 3.5 1.3 0.8 5.5 0.7 0.6 (29.4) (0.3) (3.4) (0.6) (0.0) (0.2) (1.2) (0.6) (7.3) 0 0.2 0 (7.4) (0.0) (0.2) (0.4) 0 (8.0) 0 0 0 36.7 3.2 25.5 (42.1) 0 98.1 0 23 17
Financing Cash Flow (392.2) (101.0) 194.9 (134.8) (170.4) (132.3) (141.4) (182.3) (97.6) (153.6) (212.5) (501.8) (96.7) (104.6) (140.5) (132.0) (136.0) (84.7) (39.7) (39.0) 526.0 (12.7) 4.9 441.2 (268.3) 198.4 125.1 (119.6) (240.9) 135.9 63.2 (191.8) (133.5) (88.6) 11.3 (87.6) (195.2) 543.4 43.9 (109.9) (20.6) (102.3) 26.5 (39.3) (4.9) 55.9 (53.8) (56.0) 24.9 143.1 (21.3) 26.0 29.9 64.5 (50.2) (46.5) 49.9 (57.8) (24.9) 27.7 96.7 (37.9) (25.1) 73.1 36.7 (41) 25.5 38.7 0 131.9 (19.6) 23 17
Cash Position
Net Change in Cash (194.7) 144.2 (24.4) (23.7) 86.1 81.4 (379.8) (108.6) 85.1 167.3 (345.5) (400.7) 118.3 75.0 (295.9) (0.7) (60.2) 224.3 (97.8) 44.4 839.6 70.3 (91.0) 352.7 (9.9) 32.0 49.9 (110.8) 26.3 (32.0) (3.5) (53.9) 95.1 23.0 (78.4) 54.9 34.2 38.9 (0.7) 23.2 22.0 (12.5) (14.7) 24.0 (0.4) (12.5) (4.3) (0.5) (0.8) (40.4) 27.3 5.2 (7.0) (13.1) (3.8) 5.0 (21.0) 7.3 3.6 (6.3) 14.4 (7.8) (2.7) 1 8.2 (16.3) 13.4 (6.5) (36.2) 42.9 2.4 11.7 (7.7)
Cash at Beginning 600.6 456.4 480.8 504.6 418.4 337.1 716.9 825.5 740.4 573.1 918.6 1,319.4 1,201.1 1,126.1 1,422.0 1,422.7 1,482.9 1,258.6 1,356.4 1,312.0 472.4 402.1 493.1 140.4 150.4 118.4 68.5 179.3 153.0 185.0 181.6 235.5 140.4 117.4 195.8 140.9 106.8 67.9 68.6 45.4 19.1 31.6 46.3 18.5 18.9 20.4 24.7 25.2 26.0 53.5 26.2 21.0 28.0 21.8 25.6 20.7 29.9 22.6 19 25.3 3.9 0 0 19.5 11.7 0 15.3 0 0 0 12.7 (0.1) 126.8
Cash at End 405.8 600.6 456.4 480.8 504.6 418.4 337.1 716.9 825.5 740.4 573.1 918.6 1,319.4 1,201.1 1,126.1 1,422.0 1,422.7 1,482.9 1,258.6 1,356.4 1,312.0 472.4 402.1 493.1 140.4 150.4 118.4 68.5 179.3 153.0 178.1 181.6 235.5 140.4 117.4 195.8 140.9 106.8 67.9 68.6 41.1 19.1 31.6 42.6 18.5 7.9 20.4 24.7 25.2 13.1 53.5 26.2 21.0 8.7 21.8 25.6 8.8 29.9 22.6 19 18.3 (7.8) (2.7) 20.5 19.9 (16.3) 28.7 (6.5) (36.2) 42.9 15.1 11.6 119.1
Free Cash Flow 185.0 244.3 (227.5) 84.5 251.2 211.4 (150.3) 85.0 165.8 275.1 (141.0) 66.7 190.0 208.9 (93.5) 128.7 183.6 298.9 (55.4) 73.8 309.9 81.8 (98.6) (94.7) 259.2 156.7 (76.5) 126.0 263.4 129.2 (66.0) 143.5 222.2 111.3 (54.0) 143.0 224.0 (0.5) (49.6) 134.9 48.5 94.4 (32.2) 65.9 4.7 (61.4) 49.9 69.4 (9.7) (56.4) 55.8 79.6 (23.4) (46.7) 53.4 67.4 (47.8) 74.0 33.7 (26) 1.3 4.9 81.1 (72.1) (23.9) 76.6 55.7 (75.3) (27.4) 59.9 38.3 7 (15.1)
Key Metrics 2026 Q2 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 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 1999 Q4
Income Statement
Revenue 1,083.9 271.0 271.3 1,295.6 1,137.2 260.3 265.4 1,283.3 1,078.0 258.6 269.8 1,238.4 1,101.7 279.4 267.1 1,176.7 906.5 175.6 204.2 889.1 684.6 131.8 77.2 694.1 924.6 267.8 244.0 958.0 849.6 220.0 211.6 844.5 734.6 220.8 209.1 794.6 725.2 178.3 179.9 647.5 162.1 579.3 530.2 128.3 135.5 543.0 452.7 123.4 112.3 469.7 422.5 116.3 113.5 421.1 373.3 116.4 130.0 422.1 395.1 241.2 137.1 350.3 300.5 80.8 101.9 333.5 388.8 152.8 270.5 423.8 360.0 97.9 96.5 369.5 361.0 113.5 124.0 341.4 288.0 85.4 120.0 327.5 264.6 97.9 83.1 288.5 247.2 104.1 80.7 248.2 76.9 217.8 57.8 189.4 70.4 74.6 249.8 162.9 65.8 64.9
Gross Profit 1,025.4 (31.9) (18.8) 751.5 571.9 (36.4) (20.5) 746.4 536.8 (33.5) (2.9) 710.6 512.8 0.7 23.0 700.5 487.0 (33.8) (14.0) 533.3 351.7 (40.9) (52.7) 364.5 468.2 (4.0) 3.2 547.3 434.1 (10.4) (2.5) 489.0 378.6 2.2 185.8 450.4 375.7 (4.8) (50.0) 305.0 (48.8) 265.9 197.5 (73.1) (58.1) 238.1 147.9 (67.5) (56.4) 199.3 139.9 (58.6) (48.2) 173.8 118.2 (55.3) (48.6) 173.0 127.7 (36.6) (29.4) 146.1 101.3 (43.5) (30.6) 135.4 134.4 (24.7) 9.3 176.9 115.6 (31.2) (33.3) 160.1 120.0 (28.5) (21.2) 150.1 98.1 (30.6) (18.2) 135.7 84.5 (19.7) (15.7) 131.6 75.9 (10.9) (28.8) 64.4 (100.2) 64.7 (23.6) 55.1 (13.8) (7.2) 85.1 46.2 (17.4) (8.8)
Operating Income 602.6 (209.8) (203.6) 581.2 384.4 (201.9) (198.7) 546.6 350.6 (207.1) (160.1) 500.5 328.0 (163.4) (98.1) 540.4 325.1 (165.7) (170.4) 387.7 207.7 (164.0) (170.0) 218.2 310.7 (135.5) (120.6) 422.6 301.8 (127.6) (113.0) 368.0 257.5 (103.7) (102.6) 320.1 252.3 (90.5) (93.8) 263.4 (88.5) 227.8 160.1 (88.8) (94.5) 203.2 110.7 (102.1) (84.1) 165.3 106.0 (90.3) (80.9) 140.4 84.2 (84.4) (77.8) 139.5 97.1 (64.3) (57.8) 118.3 73.5 (64.7) (58.0) 107.6 106.5 (50.0) (15.8) 151.5 92.6 (52.2) (54.9) 136.2 97.8 (50.9) (45.0) 123.2 77.0 (49.9) (39.7) 109.1 60.6 (41.6) (43.6) 109.2 46.6 (30.4) (58.0) 43.3 (52.2) 48.7 (41.3) 38.9 (29.5) (22.7) 85.1 31.2 (32.3) (25.5)
Net Income 210.0 (186.8) (185.5) 392.8 245.5 (173.3) (175.4) 362.0 219.3 (175.5) (128.6) 325.0 208.7 (137.0) (108.7) 372.6 223.4 (139.3) (140.8) 274.6 147.8 (153.8) (153.6) 152.5 206.4 (106.5) (89.5) 292.1 206.3 (107.8) (83.7) 256.3 235.7 (28.4) (57.1) 181.1 149.2 (62.6) (65.3) 157.6 (70.1) 133.4 115.8 (64.3) (75.4) 117.9 59.3 (73.4) (59.9) 97.6 60.6 (60.6) (53.8) 79.6 46.4 (55.7) (53.9) 76.9 54.6 (43.0) (41.9) 72.8 40.7 (41.2) (38.7) 61.6 60.5 (34.5) (11.1) 87.3 51.3 (24.6) (34.3) 78.5 53.0 (35.8) (31.3) 68.3 43.0 (34.3) (36.4) 58.8 32.2 (31.5) (36.3) 62.5 (6.7) (25.4) (36.0) 16.7 (37.4) 22.9 (22.1) 16.1 (21.2) (16.0) 42.8 10.9 (22.4) (13.5)
EPS (Diluted) 5.85 -5.20 -5.08 10.54 6.56 -4.61 -4.67 9.54 5.76 -4.60 -3.35 8.18 5.16 -3.56 -2.72 9.16 5.47 -3.44 -3.49 6.72 3.62 -3.82 -3.82 3.74 5.04 -2.64 -2.22 7.12 5.02 -2.66 -2.07 6.17 5.67 -0.71 -1.43 4.40 3.63 -1.70 -1.80 4.23 -1.92 3.56 3.10 -1.77 -2.08 3.18 1.60 -2.04 -1.67 2.66 1.65 -1.70 -1.51 2.17 1.27 -1.54 -1.49 2.08 1.48 -1.20 -1.17 1.98 1.11 -1.14 -1.07 1.68 1.65 -0.93 -0.30 2.24 1.31 -0.63 -0.88 1.99 1.35 -0.93 -0.81 1.75 1.12 -0.93 -0.99 1.61 0.89 -0.89 -1.03 1.77 -0.19 -0.72 -1.02 0.47 -1.07 0.65 -0.63 0.46 -0.61 -0.46 1.23 0.31 -0.64 -0.39
Balance Sheet
Cash & Equivalents 384.7 581.5 440.3 467.0 488.2 403.8 322.8 716.9 825.5 728.9 563.0 896.1 1,295.3 1,180.9 1,107.4 1,401.2 1,407.0 1,468.4 1,244.0 1,344.7 1,301.0 462.2 391.0 482.7 126.8 136.3 108.8 59.6 158.6 141.0 178.1 181.6 235.5 140.4 117.4 195.8 140.9 106.8 67.9 68.6 58.0 13.0 69.3 139.2 102.7 316.4 42.6 18.5 7.9 24.7 25.2 13.1 53.5 21.8 25.6 20.7 8.8 29.9 22.6 19 18.3 10.1 17.7 20.5 13.4 11.7 28.1 14.7 21.7 58 15.2 12.7
Total Assets 5,600.0 5,763.8 5,777.9 5,763.0 5,531.2 5,642.2 5,698.4 5,808.7 5,847.7 5,760.0 5,947.8 6,199.5 6,565.0 6,280.9 6,318.0 6,397.3 6,369.7 6,290.6 6,251.1 6,276.6 6,165.8 5,390.5 5,244.2 5,289.7 5,113.7 5,157.7 4,426.1 4,361.7 4,244.9 4,215.9 4,065.0 4,075.4 4,156.8 4,008.6 4,110.7 4,008.9 3,982.5 3,924.1 2,482.0 2,521.3 1,956.1 1,870.1 1,884.5 1,917.6 1,865.2 1,895.1 1,535.7 1,449.5 1,455.4 1,474.4 1,455.1 1,447.7 1,352.4 1,155.2 1,173.4 1,143.7 1,127.8 1,120.8 1,134.2 1,105.3 1,089.2 1,014.8 1,036.1 1,004.1 912.1 934 948.1 855.9 814.4 857.1 450.2 422.6
Total Debt 3,179.3 3,420.0 3,444.2 2,952.2 2,966.8 3,034.8 3,044.8 2,962.8 2,998.2 3,398.3 3,025.1 3,416.1 3,080.4 3,049.4 2,942.8 3,323.9 2,983.6 3,047.7 3,075.5 3,437.8 3,477.5 3,048.3 2,706.6 2,639.8 2,110.7 2,301.7 1,595.3 1,379.1 1,414.2 1,556.5 1,294.6 1,139.0 1,244.1 1,324.7 1,297.1 1,231.8 1,281.1 1,437.4 727.6 657.2 491.7 491.8 492.0 492.1 492.1 575.6 643.0 580.4 584.2 572.8 628.5 602.8 454.9 332.4 382.6 422.0 394.2 343.5 401.1 425.6 398.2 293.8 334.8 357.2 284 248.3 291 265 228.3 228.3 130.2 144.8
Stockholders' Equity 301.8 156.5 424.5 895.4 530.7 444.1 723.5 1,003.5 829.9 633.0 1,003.9 1,273.9 1,462.6 1,264.9 1,612.4 1,829.3 1,565.5 1,432.5 1,594.6 1,782.2 1,460.7 1,166.1 1,316.7 1,422.1 1,425.5 1,302.5 1,500.6 1,666.4 1,463.3 1,339.6 1,589.4 1,770.7 1,645.3 1,401.4 1,571.2 1,576.7 1,477.9 1,338.3 874.5 965.7 770.2 726.6 765.3 743.9 688.1 743.2 464.5 470.9 496.2 500.1 482.8 507.3 550.4 532.8 491.9 475.4 493.8 509.5 467.6 454.6 476.8 490 459.6 442.7 462.6 477 432.7 405.7 421.9 432.9 139.2 123.9
Cash Flow
Operating Cash Flow 259.9 315.9 (171.6) 117.7 326.3 282.4 (94.2) 109.9 242.7 328.5 (87.3) 121.4 272.5 333.0 (62.5) 161.7 262.3 349.0 (25.9) 92.1 347.1 112.0 (72.0) (70.7) 328.4 209.3 (31.4) 159.4 329.1 177.1 (31.7) 162.4 272.2 148.8 (21.4) 161.4 271.4 45.5 (28.7) 146.0 68.0 113.7 (3.0) 88.8 25.6 (31.2) 59.7 112.2 13.9 (31.1) 71.2 93.9 (2.3) (31.2) 71.9 74.6 (23.1) 85.6 48.7 0.4 1.3 48 45.6 7.7 (8.2) 41.4 101.1 (7.3) (12.3) 72.5 50.5 12.6 (10)
Capital Expenditure (74.9) (71.7) (55.9) (33.2) (75.0) (71.0) (56.1) (24.8) (76.9) (53.4) (53.7) (54.7) (82.5) (124.1) (31.0) (33.0) (78.7) (50.1) (29.5) (18.3) (37.2) (30.2) (26.6) (24.0) (69.2) (52.6) (45.1) (33.4) (65.7) (47.9) (34.3) (18.9) (49.9) (37.4) (32.6) (18.4) (47.4) (46.0) (20.9) (11.1) (19.5) (19.3) (29.2) (22.8) (20.9) (30.1) (9.9) (42.8) (23.5) (25.3) (15.5) (14.3) (21.2) (15.5) (18.5) (7.2) (24.7) (11.6) (15) (26.4) 0 (43.1) 35.5 (79.8) (15.7) 35.2 (45.4) (68) (15.1) (12.6) (12.2) (5.6) (5.1)
Free Cash Flow 185.0 244.3 (227.5) 84.5 251.2 211.4 (150.3) 85.0 165.8 275.1 (141.0) 66.7 190.0 208.9 (93.5) 128.7 183.6 298.9 (55.4) 73.8 309.9 81.8 (98.6) (94.7) 259.2 156.7 (76.5) 126.0 263.4 129.2 (66.0) 143.5 222.2 111.3 (54.0) 143.0 224.0 (0.5) (49.6) 134.9 48.5 94.4 (32.2) 65.9 4.7 (61.4) 49.9 69.4 (9.7) (56.4) 55.8 79.6 (23.4) (46.7) 53.4 67.4 (47.8) 74.0 33.7 (26) 1.3 4.9 81.1 (72.1) (23.9) 76.6 55.7 (75.3) (27.4) 59.9 38.3 7 (15.1)