Nasdaq, Inc. logo NDAQ - Nasdaq, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 22
HOLD 13
SELL 1
STRONG
SELL 0
| PRICE TARGET: $114.60 DETAILS
HIGH: $120.00
LOW: $109.00
MEDIAN: $115.00
CONSENSUS: $114.60
UPSIDE: 25.92%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 2,137 2,080 1,958 2,090 2,090 2,030 1,902 1,792 1,674 1,647 1,451 1,433 1,533 1,582 1,557 1,552 1,535 1,467 1,357 1,412 1,651 1,462 1,413 1,398 1,353 1,065 1,096 1,061 1,039 1,136 964 1,027 1,151 1,024 965 994 969 973 929 897 905 865 871 807 858 920 818 865 898 849 805 814 744 752 746 815 804 837 944 837 815 806 757 886 771 816 810 889 895 1,023.0 990 822 814 664.5 652.0 558.2 561.9 447.4 402.9 411.0 396.2 259.6 220.5 219.7 180.2 168.1 124.0 120.0 128.4 127.8 147.6 212.4 205.1 215.5 221.3 222.8 211.5 202.7 211.5 207.0
Cost of Revenue 730 688 1,088 1,229 1,274 1,219 1,168 1,048 973 907 838 834 938 994 975 964 955 910 804 850 1,090 928 937 930 889 651 680 648 620 711 568 623 722 612 570 597 587 599 548 535 555 511 522 463 540 582 486 517 556 505 479 517 465 881 473 527 528 416 508 422 402 405 385 496 411 447 461 522 526 620.5 591 442 536 452.9 442.0 359.5 369.9 264.4 231.7 239.9 234.2 120.9 89.8 89.2 53.9 46.7 9.2 0 0 0 0 0 0 0 163.3 154.3 0 0 0 0
Gross Profit 1,407 1,392 870 861 816 811 734 744 701 740 613 599 595 588 582 588 580 557 553 562 561 534 476 468 464 414 416 413 419 425 396 404 429 412 395 397 382 374 381 362 350 354 349 344 318 338 332 348 342 344 326 297 279 (129) 273 288 276 421 436 415 413 401 372 390 360 369 349 367 369 402.6 399 380 278 211.6 209.9 198.7 192.1 183.1 171.2 171.2 162.0 138.6 130.6 130.5 126.3 121.4 114.8 120.0 128.4 127.8 147.6 212.4 205.1 215.5 58.0 68.5 211.5 202.7 211.5 207.0
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 561 (155) 105 106 84 116 101 108 101 134 97 93 94 120 107 99 93 115 117 85 78 130 87 86 122 93 103 104 87 119 91 92 93 97 83 97 85 96 90 79 75 58 72 88 107 97 86 108 95 101 91 85 83 (342) 70 70 68 233 210 202 198 222 181 185 223 191 176 168 162 178.9 183 190 120 100.4 116.4 89.9 100.9 130.2 80.4 104.2 87.5 74.7 75.1 78.8 75.0 88.8 93.8 83.2 88.8 77.8 107.9 147.1 132.4 0 4.9 6.7 0 9.2 5.6 17.3
Other Expenses 189 917 179 187 185 178 185 213 190 253 85 124 89 119 77 77 82 98 80 101 118 86 63 67 67 61 87 53 57 65 59 43 63 72 50 58 51 65 58 109 56 51 46 39 184 68 39 49 63 5 33 53 106 39 33 43 37 28 31 55 32 4 26 26 25 30 42 40 41 36.3 44 35 25 9.6 9.7 9.8 9.8 (15.2) 22.9 30.6 32.7 30.7 24.1 25.4 28.6 32.6 30.0 28.3 31.0 0.2 81.6 65.3 24.8 236.9 20.4 19.7 203.9 152.7 134.1 114.0
Operating Expenses 750 762 284 293 269 294 286 321 291 387 182 217 183 239 184 176 175 213 197 186 196 216 150 153 189 154 190 157 144 184 150 135 156 169 133 155 136 161 148 188 131 109 118 127 291 165 125 157 158 106 124 138 189 (303) 103 113 105 261 241 257 230 226 207 211 248 221 218 208 203 215.3 227 225 145 110.0 126.1 99.7 110.7 115.0 103.3 134.8 120.2 105.4 99.3 104.1 103.5 121.4 123.8 111.5 119.8 78.0 189.5 212.4 157.2 236.9 25.3 26.4 203.9 161.8 139.8 131.2
Operating Income
Operating Income 657 630 586 568 547 517 448 423 410 353 431 382 412 349 398 412 405 344 356 376 365 318 326 315 275 260 226 256 275 241 246 269 273 243 262 242 246 213 233 174 219 245 231 217 27 173 207 191 184 238 202 159 90 174 170 175 171 160 195 158 183 175 165 179 112 148 131 159 166 187.3 172 155 133 101.5 83.8 98.9 81.4 68.1 67.9 36.3 41.8 33.2 31.4 26.3 22.8 (0.0) (9.0) 8.6 8.6 49.8 (41.9) (0.0) 48.0 (21.4) 32.7 42.1 7.6 40.9 71.8 75.8
Interest Expense 87 88 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 32 28 23 28 27 28 29 29 30 30 30 32 26 24 24 24 24 24 26 30 31 32 26 25 26 25 25 26 25 27 0 29 24 10 0 0 0 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 6 7 8 12 11 8 8 6 6 30 72 8 6 4 2 0 0 0 0 0 1 0 0 1 2 6 3 4 3 2 3 10 2 2 2 3 2 1 1 1 1 1 1 1 1 2 1 1 2 2 2 2 3 4 2 2 2 3 3 3 2 2 2 2 2 3 3 2 5 0 9 8 10 0 0 0 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 721 822 771 798 736 689 607 593 570 509 552 436 500 416 475 492 470 423 468 552 484 342 430 390 345 323 289 316 398 414 297 376 327 289 314 292 295 (329) 282 219 261 278 269 253 76 159 243 227 221 299 236 189 110 204 184 174 187 174 228 188 211 202 193 197 139 102 148 166 193 223.6 161 194 221 111.1 93.5 108.7 91.2 78.7 82.2 57.8 66.4 53.5 46.3 41.3 41.3 21.5 10.1 25.4 28.2 61.6 (16.8) 23.0 73.8 45.7 54.6 62.9 27.6 58.0 87.4 89.1
EBIT 556 661 613 640 580 536 454 440 415 384 488 371 431 353 412 427 403 342 401 484 421 289 379 340 297 276 242 268 350 363 244 323 274 241 266 245 250 (374) 236 178 223 242 234 219 42 126 208 192 186 265 203 161 83 177 158 149 161 146 200 162 184 174 168 172 114 76 110 139 169 196.8 125 172 205 101.5 83.8 98.9 81.4 68.1 67.9 36.3 41.8 33.2 31.4 26.3 22.8 (0.0) (9.0) 8.6 8.6 49.8 (41.9) (0.0) 48.0 11.0 32.7 42.1 7.6 40.9 71.8 75.8
Income Before Tax 677 580 529 548 488 439 356 341 312 278 391 337 396 322 382 397 374 314 371 454 395 267 357 316 273 252 215 239 313 328 209 288 239 213 234 211 215 (405) 199 146 195 219 206 192 14 97 179 162 156 235 171 135 59 153 134 125 137 120 170 131 152 148 143 146 89 51 84 114 142 76.5 96 148 195 132.1 536.6 94.3 30.8 105.5 49.9 27.7 30.0 29.5 30.7 24.8 21.3 (1.6) (10.3) 7.4 7.1 37.4 (44.6) 0.6 17.1 (19.2) 36.3 48.0 17.2 45.7 74.4 46.4
Income Tax Expense 158 61 106 96 93 84 51 119 79 82 97 70 95 82 88 90 91 55 83 113 97 42 93 75 70 49 65 65 66 372 46 126 62 (33) 64 65 47 (180) 68 76 63 71 68 60 5 11 56 61 53 94 58 47 17 68 45 33 53 39 61 40 49 13 43 51 29 9 25 46 48 39.8 38 47 74 53.2 171.6 38.2 12.5 42.5 19.7 11.1 12.0 12.3 12.9 10.8 8.6 0.5 (4.8) 2.6 2.5 (1.9) (12.2) 0.3 8.3 (6.0) 16.8 21.8 6.5 23.6 29.2 31.2
Net Income 519 519 423 452 395 355 306 222 234 197 294 267 302 241 294 307 284 259 288 341 298 225 264 241 203 203 150 174 247 (44) 163 162 177 246 170 146 168 (224) 131 70 132 148 138 133 9 86 123 101 103 141 113 88 42 86 89 93 85 81 110 92 104 137 101 96 61 43 60 69 94 36.8 58 100 121 79.0 365.0 56.1 18.3 63.1 30.2 16.6 17.3 16.1 16.4 11.7 10.8 7.4 (5.5) 4.8 4.6 (21.0) (49.0) 0.3 8.8 (13.3) 19.6 26.2 10.7 22.0 45.3 (54.7)
Per Share Data
EPS (Basic) 0.92 0.91 0.74 0.79 0.69 0.62 0.53 0.39 0.41 0.36 0.60 0.54 0.62 0.49 0.60 0.62 0.57 0.52 0.56 0.69 0.60 0.45 0.54 0.49 0.41 0.41 0.30 0.35 0.50 -0.09 0.33 0.33 0.35 0.48 0.34 0.30 0.34 -0.45 0.26 0.14 0.27 0.30 0.28 0.26 0.02 0.17 0.24 0.20 0.20 0.28 0.23 0.18 0.09 0.17 0.18 0.18 0.16 0.16 0.21 0.17 0.20 0.26 0.17 0.15 0.10 0.07 0.10 0.11 0.16 0.06 0.10 0.17 0.25 0.16 1.08 0.17 0.05 0.18 0.09 0.05 0.05 0.04 0.04 0.03 0.03 0.02 -0.01 0.01 0.02 -0.08 -0.21 0.00 0.04 -0.06 0.06 0.07 0.03 0.06 0.15 -0.18
EPS (Diluted) 0.91 0.90 0.73 0.78 0.68 0.61 0.53 0.38 0.40 0.36 0.60 0.54 0.61 0.48 0.59 0.62 0.57 0.51 0.56 0.68 0.59 0.45 0.53 0.48 0.41 0.40 0.30 0.35 0.49 -0.09 0.32 0.32 0.35 0.48 0.34 0.29 0.33 -0.45 0.26 0.14 0.26 0.29 0.27 0.26 0.02 0.17 0.24 0.20 0.20 0.27 0.22 0.17 0.08 0.17 0.17 0.18 0.16 0.16 0.20 0.17 0.19 0.26 0.17 0.15 0.09 0.07 0.09 0.11 0.15 0.06 0.09 0.16 0.23 0.16 0.80 0.13 0.05 0.18 0.07 0.04 0.05 0.07 0.05 0.04 0.04 0.03 -0.02 0.03 0.02 -0.08 -0.21 0.00 0.04 -0.06 0.05 0.07 0.03 0.06 0.15 -0.18
Shares Outstanding 566.8 570.7 573.3 574.1 575.1 575.1 575.1 576.4 575.5 547.1 491.3 490.8 489.9 491.3 491.2 492.2 495.1 501.3 503.1 492.3 494.1 493.5 492.6 492.3 494.7 493.5 492.9 496.8 495.9 491.3 492.6 497.1 500.7 500.7 500.1 496.2 499.5 497.4 496.8 495 492.9 493.8 500.7 506.1 507 504.6 505.8 507.9 508.8 504.9 501.9 499.2 497.1 493.5 498.7 507 519 519 531.3 531 528 528 600.3 618 633.5 633.5 609.9 606 605.8 601.9 599.9 599.2 482.9 485.5 380.1 380.1 380.1 380.1 380.1 380.1 380.1 380.1 380.1 380.1 380.1 380.1 380.1 380.1 274.8 274.8 234.3 235.0 237.3 234.1 345.6 374.2 367.1 367.1 302.0 298.6
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
Current Assets
Cash & Cash Equivalents 564 814 470 732 690 592 266 416 388 453 5,340 5,347 373 502 301 454 486 393 303 390 774 2,745 584 711 1,015 332 304 333 472 545 324 322 405 377 530 356 386 403 257 344 331 526 535 594 419 333 1,258.7 222.4 133.6 148.9 269.1 277.3 204.3 274.2 329.1 344.8 245.1 262.3
Short-Term Investments 184 28 2,059 1,282 1,864 184 202 174 173 188 272 288 197 181 129 161 225 208 185 235 215 195 177 206 254 291 201 259 220 268 202 313 224 235 207 300 220 245 238 255 259 310 2,107 308 3,270 4,272 9.2 200.9 263.3 209.5 261.5 243.2 240.8 200.2 0 0 0 0
Net Receivables 985 943 865 896 986 1,022 944 960 925 929 595 597 666 677 638 652 621 588 552 559 574 566 504 523 568 422 399 415 447 384 356 405 486 356 320 392 467 429 349 399 333 361 377 301 383 355 274.1 74.2 111.5 119.1 146.4 152.5 177.7 186.2 207.4 223.4 251.9 180.9
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 2,641 6,218 4,203 4,442 4,278 5,988 6,146 5,759 5,835 7,526 6,144 7,346 7,304 7,244 9,783 8,951 6,846 6,234 4,456 3,833 4,091 4,154 3,545 178 192 249 173 195 323 431 356 246 497 554 496 202 241 182 179 187 185 1,691 202 2,167 365 342 168.9 48.7 52.7 52.1 74.2 80.0 74.2 61.1 293.3 318.4 372.3 301.3
Total Current Assets 4,374 8,003 7,597 7,352 7,818 7,786 7,558 7,309 7,321 9,096 12,351 13,578 8,540 8,604 10,851 10,218 8,178 7,423 5,496 5,017 5,654 7,660 4,810 4,716 5,270 4,290 3,499 4,363 4,736 6,370 5,457 5,727 5,638 5,529 5,446 4,921 4,947 4,560 4,346 4,596 4,722 2,888 3,221 3,454 4,437 5,302 1,710.9 546.2 561.2 529.6 751.1 753.0 697.0 721.5 829.7 886.7 869.4 744.5
Non-Current Assets
Property, Plant & Equipment 1,224 1,175 1,129 1,097 1,002 968 972 956 975 978 939 946 956 976 966 976 981 875 878 876 878 856 822 801 699 730 707 755 748 376 371 370 384 400 379 384 376 362 342 332 326 154 161 164 170 165 62.0 214.6 228.0 242.9 329.0 355.4 361.2 359.2 380.4 372.2 368.7 326.3
Goodwill 14,307 14,371 14,336 14,328 14,179 13,957 14,165 13,984 13,974 14,112 7,988 8,020 8,103 8,099 7,946 8,151 8,338 8,433 8,510 8,585 8,508 6,850 6,600 6,488 6,326 6,366 6,232 6,382 6,380 6,363 6,369 6,355 6,549 6,586 6,154 6,237 6,070 6,027 6,206 6,236 5,663 4,526 4,770 4,800 4,591 4,381 975.7 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 6,376 6,511 6,620 6,741 6,830 6,905 7,072 7,171 7,291 7,443 2,446 2,490 2,545 2,581 2,583 2,670 2,751 2,813 2,885 2,943 2,967 2,255 2,218 2,215 2,200 2,249 2,239 2,304 2,329 2,300 2,328 2,351 2,432 2,468 2,091 2,102 2,082 2,094 2,740 2,771 2,085 1,513 1,607 1,631 1,581 1,536 186.5 0.8 0.8 0.9 6.1 18.7 16.6 17.6 0 0 0 0
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 0 258.0 284.0 326.1 260.7
Other Non-Current Assets 1,020 993 972 865 818 779 793 790 706 665 626 623 631 608 595 581 575 571 628 562 483 358 381 339 303 289 303 328 310 291 330 338 371 (1) 391 383 398 390 406 423 317 189 237 253 266 349 6.8 23.5 11.0 5.7 5.8 10.4 31.1 20.1 (204.3) (237.4) (289.5) (228.3)
Total Non-Current Assets 22,927 23,050 23,057 23,031 22,829 22,609 23,002 22,901 22,946 23,198 11,999 12,079 12,235 12,264 12,090 12,378 12,645 12,692 12,901 12,966 12,836 10,319 10,021 9,843 9,528 9,634 9,481 9,769 9,767 9,330 9,398 9,414 10,152 10,257 9,626 9,739 9,543 9,590 10,462 10,503 8,995 7,022 7,298 7,268 7,223 7,151 1,289.1 308.8 312.3 321.6 415.2 457.7 478.9 470.0 488.7 479.9 465.8 419.9
Total Assets 27,301 31,053 30,654 30,383 30,647 30,395 30,560 30,210 30,267 32,294 24,350 25,657 20,775 20,868 22,941 22,596 20,823 20,115 18,397 17,983 18,490 17,979 14,831 14,559 14,798 13,924 12,980 14,132 14,503 15,700 14,855 15,141 15,790 15,786 15,072 14,660 14,490 14,150 14,808 15,099 13,717 9,910 10,519 10,722 11,660 12,453 3,000.0 855.1 873.5 851.3 1,166.3 1,210.6 1,175.9 1,191.6 1,318.5 1,366.7 1,335.2 1,164.4
Current Liabilities
Account Payables 0 280 256 246 255 269 289 301 266 332 286 199 183 185 189 175 186 185 166 168 183 175 145 129 183 148 146 149 218 198 176 174 237 177 168 149 187 175 159 172 175 172 152 0 236 242 127.5 22.7 24.6 30.0 47.0 61.9 99.8 89.8 0 0 0 0
Short-Term Debt 431 431 431 500 400 399 499 548 224 291 0 140 347 664 799 1,020 1,097 1,018 480 221 435 0 0 0 1,146 391 539 467 1,239 875 808 768 960 480 154 494 379 0 20 0 0 140 105 225 225 225 0 0 0 1.6 10.9 15.4 15.7 4.0 4.1 5.1 9.7 13.9
Deferred Revenue 0 0 719 848 981 711 663 736 866 594 451 558 664 357 415 512 619 329 380 451 519 235 290 351 416 211 267 333 402 194 257 310 386 189 204 265 322 162 216 275 304 188 221 105 171 189 93.8 105.9 126.6 59.7 108.6 134.2 64.6 90.8 0 0 0 0
Other Current Liabilities 0 7,250 5,986 5,372 5,873 5,879 6,094 5,780 5,779 7,421 6,081 7,274 7,228 7,143 9,665 8,828 6,728 6,026 4,334 3,711 4,114 4,063 3,479 3,302 3,412 3,157 2,569 3,293 3,595 4,995 4,392 4,556 4,214 4,118 4,036 3,786 3,807 3,430 3,457 3,572 3,783 1,533 1,870 2,148 3,055 4,068 180.7 8.2 9.4 146.3 26.6 53.3 27.3 97.0 182.4 219.9 221.0 151.7
Total Current Liabilities 431 7,961 7,705 7,657 7,971 7,902 7,933 7,791 7,393 9,025 7,048 8,511 8,704 8,835 11,335 10,871 8,851 7,872 5,595 4,895 5,556 4,924 4,161 4,249 5,450 4,227 3,692 4,531 5,641 6,570 5,799 6,157 6,036 5,262 4,723 4,987 4,886 4,082 4,054 4,308 4,429 2,334 2,570 2,867 4,008 4,960 524.8 246.3 259.9 237.6 311.1 303.0 295.5 281.7 290.3 349.9 356.3 282.2
Non-Current Liabilities
Long-Term Debt 8,526 9,035 8,667 8,678 8,926 9,081 9,359 9,249 9,765 10,163 9,703 9,792 4,762 4,735 4,573 4,696 4,800 4,812 5,447 5,480 5,455 5,541 3,571 3,482 2,962 2,996 2,939 3,022 2,328 2,956 3,072 3,079 3,155 3,727 3,589 3,058 3,242 3,603 3,689 3,731 2,565 1,912 1,986 1,867 2,090 2,229 443.1 265 265 265 418.2 430.3 429.7 440.1 286.5 283.4 37.0 25
Deferred Tax Liabilities 1,611 1,584 1,564 1,540 1,586 1,594 1,566 1,632 1,655 1,642 509 474 463 456 470 464 431 406 395 337 542 502 513 506 507 552 525 510 503 501 137 99 600 225 726 732 702 720 980 983 678 644 676 683 688 675 91.1 40.9 40.5 40.9 51.0 52.6 49.2 50.8 36.2 40.4 39.5 32.1
Other Non-Current Liabilities 3,114 (1,006) 234 237 216 230 222 221 222 220 199 206 225 226 223 244 241 234 207 203 197 187 175 162 171 179 170 175 180 137 154 177 168 162 142 146 144 144 140 161 160 2,086 197 201 2,361 2,359 99.6 263.2 269.2 147.0 60.1 52.1 27.3 146.5 51.7 48.8 41.4 17.1
Total Non-Current Liabilities 14,832 10,860 10,919 10,908 11,121 11,293 11,546 11,511 12,055 12,442 10,823 10,899 5,892 5,869 5,722 5,874 5,950 5,838 6,447 6,417 6,600 6,619 4,656 4,553 3,950 4,058 3,961 4,050 3,368 3,681 3,454 3,442 4,029 4,637 4,614 4,097 4,252 4,638 5,000 5,074 3,591 2,883 3,018 2,911 3,139 3,236 694.5 446.4 451.5 452.9 622.0 638.4 616.1 646.5 497.3 501.1 247.8 221.5
Total Liabilities 15,263 18,821 18,624 18,565 19,092 19,195 19,479 19,302 19,448 21,467 17,871 19,410 14,596 14,704 17,057 16,745 14,801 13,710 12,042 11,312 12,156 11,543 8,817 8,802 9,400 8,285 7,653 8,581 9,009 10,251 9,253 9,599 10,065 9,899 9,337 9,084 9,138 8,720 9,054 9,382 8,020 5,217 5,588 5,778 7,147 8,196 1,219.3 692.7 711.5 690.6 933.1 941.5 911.5 928.2 787.5 851.0 604.1 503.7
Stockholders' Equity
Common Stock 6 6 6 6 6 6 6 6 6 6 5 5 5 5 5 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2
Retained Earnings 9,954 9,588 9,223 8,955 8,658 8,401 8,184 8,016 7,932 7,825 7,755 7,569 7,411 7,207 7,064 6,869 6,660 6,465 6,296 6,098 5,845 5,628 5,484 5,301 5,140 5,027 4,901 4,829 4,732 4,558 4,399 4,309 4,146 3,970 3,787 3,680 3,595 3,479 3,757 3,679 3,609 1,766 1,670 1,610 1,507 1,438 951.4 335.6 334.4 332.5 396.6 448.2 446.3 448.4 426.1 418.2 398.6 372.4
Accumulated Other Comprehensive Income (1,807) (1,773) (1,847) (1,869) (1,896) (2,099) (1,952) (2,011) (2,044) (1,924) (2,102) (2,119) (2,006) (1,991) (2,092) (1,905) (1,670) (1,587) (1,511) (1,452) (1,505) (1,368) (1,632) (1,715) (1,909) (1,686) (1,833) (1,666) (1,645) (1,530) (1,184) (1,191) (1,060) (862) (825) (892) (987) (979) (882) (860) (770) (647) (438) (406) (600) (766) (10.7) (0.4) 1.0 1.9 4.4 (1.0) 0.7 (3.6) (0.8) (4.1) 0.5 (1.9)
Total Stockholders' Equity 12,033 12,227 12,023 11,811 11,546 11,191 11,072 10,898 10,809 10,816 6,467 6,235 6,167 6,151 5,875 5,842 6,013 6,395 6,345 6,660 6,332 6,433 6,011 5,754 5,396 5,639 5,327 5,551 5,494 5,449 5,602 5,542 5,725 5,880 5,735 5,576 5,352 5,430 5,754 5,717 5,697 4,683 4,919 4,932 4,491 4,241 1,780.7 162.4 162.0 160.7 226.6 272.1 270.9 266.0 526.5 513.7 718.9 645.2
Total Liabilities & Equity 27,301 31,053 30,654 30,383 30,647 30,395 30,560 30,210 30,267 32,294 24,350 25,657 20,775 20,868 22,941 22,596 20,823 20,115 18,397 17,983 18,490 17,979 14,831 14,559 14,798 13,924 12,980 14,132 14,503 15,700 14,855 15,141 15,790 15,354 15,072 14,660 14,490 14,150 14,808 15,099 13,717 9,910 10,519 10,722 11,660 12,453 3,000.0 855.1 873.5 851.3 1,166.3 1,210.6 1,175.9 1,191.6 1,318.5 1,366.7 1,335.2 1,164.4
Debt Metrics
Total Debt 9,445 9,928 9,552 9,631 9,719 9,868 10,257 10,206 10,402 10,871 10,115 10,359 5,551 5,851 5,828 6,186 6,375 6,216 6,325 6,098 6,296 5,930 3,968 3,885 4,418 3,718 3,805 3,832 3,924 3,831 3,880 3,847 4,115 4,207 3,743 3,552 3,621 3,603 3,709 3,731 2,565 2,052 2,091 2,092 2,315 2,454 443.1 265 265 266.6 433.2 452.2 453.1 453.2 290.6 288.5 46.7 53.5
Net Debt 8,881 9,114 9,082 8,899 9,029 9,276 9,991 9,790 10,014 10,418 4,775 5,012 5,178 5,349 5,527 5,732 5,889 5,823 6,022 5,708 5,522 3,185 3,384 3,174 3,403 3,386 3,501 3,499 3,452 3,286 3,556 3,525 3,710 3,830 3,213 3,196 3,235 3,200 3,452 3,387 2,234 1,526 1,556 1,498 1,896 2,121 (815.6) 42.6 131.4 117.7 164.1 174.9 248.9 179.0 (38.5) (56.3) (198.4) (208.8)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Operating Activities
Net Income 519 518 423 451 395 355 305 222 234 197 294 266 301 240 294 306 283 259 289 341 298 225 264 241 203 203 150 174 247 (44) 163 162 177 246 171 148 169 (225) 131 70 132 17.8 14.0 12.8 4.8 4.6 (21.0) (38.0) (49.0) 2.6 0.3 12.7 8.8 21.3 (13.3) 7.9 19.6 10.7 22.0 45.3 (54.7)
Depreciation & Amortization 165 161 158 157 156 153 152 153 155 125 64 65 69 63 63 65 67 81 66 68 63 53 51 50 48 47 47 48 48 51 53 53 53 48 48 47 45 45 46 41 38 14.2 15.4 18.5 16.8 19.5 11.6 29.2 23.0 26.1 23.0 25.6 25.9 26.6 34.7 22.9 21.9 20.0 17.1 15.3 13.3
Stock-Based Compensation 38 43 41 46 35 36 36 39 30 32 30 34 26 30 27 24 25 24 23 24 19 23 24 23 17 22 21 20 16 18 18 18 15 18 18 19 15 31 20 19 16 0.0 0.0 0 0.0 0 (0.1) 38.3 0.0 0.6 3.2 0 0 1.3 6.9 0 0 0 0 0 0
Change in Working Capital (49) (84) (255) 146 109 172 (286) 70 90 33 (114) (23) 143 127 (129) (41) 211 (15) (211) (291) 48 79 (324) 141 95 23 (109) (76) 114 140 (247) 72 138 (28) (123) 65 (17) (26) (126) 44 63 (29.8) (27.6) 54.2 18.2 28.4 39.7 (28.0) (18.6) 58.3 (28.7) (45.1) (12.5) 57.8 (54.4) (50.6) 29.7 80.3 23.3 (12.1) 27.4
Other Non-Cash Items 4 (31) (164) (60) (38) (6) 59 14 23 6 12 54 14 13 (4) 3 2 (3) 26 (104) (54) 33 (41) (12) 18 (12) 12 5 (72) (118) 3 (40) 1 (1) (9) 10 3 570 (7) (71) 163 0.7 8.1 1.3 2.6 2.4 (16.5) (21.8) 65.7 1.0 4.8 6.7 18.7 1.2 14.8 7.1 11.4 (64.8) 67.6 6.0 106.0
Operating Cash Flow 689 625 221 746 663 705 244 460 530 417 300 414 565 494 232 375 605 384 232 73 394 435 (4) 441 380 339 101 186 337 360 14 279 375 300 95 270 244 269 61 141 251 8.4 8.8 86.2 49.6 53.8 16.3 (22.2) 22.8 88.3 5.2 17.9 22.3 111.7 (30.8) (16.4) 75.9 57.7 62.4 48.5 87.0
Investing Activities
Capital Expenditure (60) (89) (69) (59) (49) (60) (56) (52) (39) (42) (37) (39) (40) (34) (41) (42) (35) (50) (32) (39) (42) (60) (60) (42) (26) (39) (25) (43) (20) (39) (27) (29) (16) (42) (38) (28) (36) (49) (34) (28) (23) (4.5) (3.8) (5.2) (4.2) (5.9) 3.1 (3.7) (8.8) (22.2) (6.6) (28.0) (21.0) (29.9) (23.0) (22.7) (43.9) (95.2) (55.3) (25.4) (20.0)
Acquisitions 0 88 0 0 0 0 0 0 0 (5,766) 0 0 0 0 0 (41) 0 (190) 0 190 (2,430) 0 0 0 (157) 11 0 0 (85) (101) (8) 294 0 (776) 0 0 0 0 0 (1,247) (213) (27.5) 0 0.1 0 0 0 0 (0.5) (0.5) (25.8) 11.8 10.4 11.9 5.5 0 18.5 0 0 0 (17.0)
Purchases of Investments (166) (9) (34) (95) (105) (54) (38) (74) (40) (182) (119) (213) (198) (59) (62) (99) (102) (47) (62) (147) (60) (31) (103) (57) (92) (195) (73) (210) (101) (109) (62) (177) (73) (89) (57) (148) (98) (85) (130) (104) (149) (181.0) (190.7) (77.3) (44.6) (131.3) (30.4) (82.4) (46.1) (38.7) (60.1) (78.3) (6.4) (67.9) (94.6) (110.2) (60.2) (91.3) (101.3) (47.7) (8.0)
Sales/Maturities of Investments 8 35 67 220 105 58 22 75 44 292 131 112 184 15 83 146 76 19 106 132 28 52 138 120 114 114 131 171 138 212 173 77 81 60 157 81 126 64 146 100 101 170.4 206.2 19.6 91.3 70.9 38.3 119.5 27.8 45.7 25.2 17.2 3.3 163.5 94.2 139.9 98.1 95.4 28.1 27.0 15.1
Other Investing Activities 965 (663) (109) (125) (209) (952) 145 265 (197) (138) 159 (19) (79) 152 239 182 (329) 55 (17) (66) (1) (35) 13 (12) 7 0 (1) (7) (6) 6 0 (6) 0 30 (31) (1) 0 4 0 0 (10) 1.2 17.9 3.1 0.0 0.2 0.6 0 0.5 (2.5) (9.1) (0.6) (4) (8.4) (18.9) (8.4) 9.6 (8.7) 8.1 3.1 0.7
Investing Cash Flow 747 (638) (145) (59) (258) (1,008) 73 214 (232) (5,836) 134 (159) (133) 74 219 146 (390) (213) (5) 70 (2,505) (74) (12) 9 (154) (109) 32 (89) (74) (31) 76 159 (8) (817) 31 (96) (8) (66) (18) (1,279) (294) (41.3) 29.5 (59.8) 42.4 (66.1) 11.6 33.4 (27.1) (18.1) (76.3) (77.9) (17.7) 69.3 (36.7) (1.5) 22.0 (99.7) (120.4) (42.9) (29.2)
Financing Activities
Net Debt Issuance 0 (100) (517) (400) (257) (181) (50) (174) (407) 628 (143) 4,809 (317) (139) (220) (96) 121 (60) 281 (214) 435 1,881 0 (663) 730 (148) 72 (108) (235) (35) 42 (193) (133) 441 145 (176) 0 (18) (40) 1,189 169 0 0 0 0 0 1.9 (149.9) (2.6) 0.6 0.9 (2.3) 158.0 (4.1) 9.4 11.8 241.8 2.1 0.4 6.3 (8.8)
Stock Repurchased (548) (286) (115) (100) (115) (21) (87) (58) (24) (110) (2) (28) (159) 0 (2) (166) (467) (58) (475) (248) (162) (36) (34) (30) (122) 0 (150) (50) (30) (6) (54) (241) (99) (28) (19) 0 (156) (7) (55) (16) (29) 40.3 (40.3) (0.0) 0.0 (0.1) 0 0 0 (0.1) 0 0 0 (305.2) 0 0 (240) 0 0 0 0
Dividends Paid (153) (153) (155) (155) (138) (138) (138) (138) (127) (127) (108) (108) (98) (98) (99) (97) (89) (90) (91) (88) (81) (81) (81) (80) (78) (77) (78) (77) (73) (72) (73) (72) (63) (63) (64) (63) (53) (53) (53) (53) (41) (0.7) (0.8) (1.0) (3.5) (2.8) (8.3) (2.5) (2.5) (0.7) 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (3,498) 69 946 (807) (573) 316 71 (58) (1,317) 812 (1,144) 356 (39) (3,025) 1,893 2,714 855 2,318 (34) 1 (40) 27 1 11 (62) (8) 1 (36) 36 (21) 14 9 (42) 21 (16) (62) 16 (13) 4 27 3 (40.4) 206.8 (0.0) (0.0) (0.2) 2.0 (0.1) 0.6 3.0 0.8 (1.3) (4.3) 5.6 (71.0) (9.8) (240) 4.2 0 284.1 0
Financing Cash Flow (4,184) (567) 159 (1,462) (1,083) (24) (204) (458) (1,875) 1,201 (1,397) 5,029 (613) (3,239) 1,572 2,335 368 2,119 (321) (532) 152 1,791 (114) (762) 468 (208) (156) (271) (302) (121) (71) (498) (337) 365 46 (272) (192) (91) (130) 1,155 68 17.4 182.0 (0.6) (3.2) (3.1) (4.0) (152.5) (3.9) 2.8 1.1 3.3 153.8 (302.3) 32.2 2.1 1.8 6.3 0.4 290.5 (8.8)
Cash Position
Net Change in Cash (2,798) (507) 240 (530) (275) (789) 318 247 (1,888) (3,716) (1,033) 5,025 (152) (2,240) 981 2,338 419 90 (98) (382) (1,970) 2,165 (124) (303) 682 29 (30) (176) (47) 210 20 (73) 30 (152) 177 (90) 46 161 (87) 13 30 (15.5) 220.3 25.8 88.8 (15.3) 21.1 (141.3) (8.2) 73.0 (69.9) (56.7) 158.4 (121.3) (35.4) (15.7) 99.7 (35.7) (57.6) 296.0 49.0
Cash at Beginning 3,934 4,441 4,201 4,731 5,006 5,795 5,477 5,230 7,118 10,834 11,867 6,842 6,994 9,234 8,253 5,915 5,496 332 430 812 2,782 617 741 1,044 362 333 363 539 586 376 356 429 399 551 374 464 418 257 344 331 301 304.3 83.9 58.2 133.6 148.9 127.8 269.1 277.3 204.3 274.2 330.8 172.4 293.7 329.1 344.8 245.1 298.0 355.6 59.6 10.6
Cash at End 1,136 3,934 4,441 4,201 4,731 5,006 5,795 5,477 5,230 7,118 10,834 11,867 6,842 6,994 9,234 8,253 5,915 422 332 430 812 2,782 617 741 1,044 362 333 363 539 586 376 356 429 399 551 374 464 418 257 344 331 288.8 304.3 83.9 222.4 133.6 148.9 127.8 269.1 277.3 204.3 274.2 330.8 172.4 293.7 329.1 344.8 262.3 298.0 355.6 59.6
Free Cash Flow 629 536 152 687 614 645 188 408 491 375 263 375 525 460 191 333 570 334 200 34 352 375 (64) 399 354 300 76 143 317 321 (13) 250 359 258 57 242 208 220 27 113 228 3.9 5.0 81.0 45.3 48.0 19.4 (25.8) 14.0 66.1 (1.4) (10.1) 1.3 81.8 (53.8) (39.0) 31.9 (37.5) 7.1 23.1 67.0
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 2,137 2,080 1,958 2,090 2,090 2,030 1,902 1,792 1,674 1,647 1,451 1,433 1,533 1,582 1,557 1,552 1,535 1,467 1,357 1,412 1,651 1,462 1,413 1,398 1,353 1,065 1,096 1,061 1,039 1,136 964 1,027 1,151 1,024 965 994 969 973 929 897 905 865 871 807 858 920 818 865 898 849 805 814 744 752 746 815 804 837 944 837 815 806 757 886 771 816 810 889 895 1,023.0 990 822 814 664.5 652.0 558.2 561.9 447.4 402.9 411.0 396.2 259.6 220.5 219.7 180.2 168.1 124.0 120.0 128.4 127.8 147.6 212.4 205.1 215.5 221.3 222.8 211.5 202.7 211.5 207.0
Gross Profit 1,407 1,392 870 861 816 811 734 744 701 740 613 599 595 588 582 588 580 557 553 562 561 534 476 468 464 414 416 413 419 425 396 404 429 412 395 397 382 374 381 362 350 354 349 344 318 338 332 348 342 344 326 297 279 (129) 273 288 276 421 436 415 413 401 372 390 360 369 349 367 369 402.6 399 380 278 211.6 209.9 198.7 192.1 183.1 171.2 171.2 162.0 138.6 130.6 130.5 126.3 121.4 114.8 120.0 128.4 127.8 147.6 212.4 205.1 215.5 58.0 68.5 211.5 202.7 211.5 207.0
Operating Income 657 630 586 568 547 517 448 423 410 353 431 382 412 349 398 412 405 344 356 376 365 318 326 315 275 260 226 256 275 241 246 269 273 243 262 242 246 213 233 174 219 245 231 217 27 173 207 191 184 238 202 159 90 174 170 175 171 160 195 158 183 175 165 179 112 148 131 159 166 187.3 172 155 133 101.5 83.8 98.9 81.4 68.1 67.9 36.3 41.8 33.2 31.4 26.3 22.8 (0.0) (9.0) 8.6 8.6 49.8 (41.9) (0.0) 48.0 (21.4) 32.7 42.1 7.6 40.9 71.8 75.8
Net Income 519 519 423 452 395 355 306 222 234 197 294 267 302 241 294 307 284 259 288 341 298 225 264 241 203 203 150 174 247 (44) 163 162 177 246 170 146 168 (224) 131 70 132 148 138 133 9 86 123 101 103 141 113 88 42 86 89 93 85 81 110 92 104 137 101 96 61 43 60 69 94 36.8 58 100 121 79.0 365.0 56.1 18.3 63.1 30.2 16.6 17.3 16.1 16.4 11.7 10.8 7.4 (5.5) 4.8 4.6 (21.0) (49.0) 0.3 8.8 (13.3) 19.6 26.2 10.7 22.0 45.3 (54.7)
EPS (Diluted) 0.91 0.90 0.73 0.78 0.68 0.61 0.53 0.38 0.40 0.36 0.60 0.54 0.61 0.48 0.59 0.62 0.57 0.51 0.56 0.68 0.59 0.45 0.53 0.48 0.41 0.40 0.30 0.35 0.49 -0.09 0.32 0.32 0.35 0.48 0.34 0.29 0.33 -0.45 0.26 0.14 0.26 0.29 0.27 0.26 0.02 0.17 0.24 0.20 0.20 0.27 0.22 0.17 0.08 0.17 0.17 0.18 0.16 0.16 0.20 0.17 0.19 0.26 0.17 0.15 0.09 0.07 0.09 0.11 0.15 0.06 0.09 0.16 0.23 0.16 0.80 0.13 0.05 0.18 0.07 0.04 0.05 0.07 0.05 0.04 0.04 0.03 -0.02 0.03 0.02 -0.08 -0.21 0.00 0.04 -0.06 0.05 0.07 0.03 0.06 0.15 -0.18
Balance Sheet
Cash & Equivalents 564 814 470 732 690 592 266 416 388 453 5,340 5,347 373 502 301 454 486 393 303 390 774 2,745 584 711 1,015 332 304 333 472 545 324 322 405 377 530 356 386 403 257 344 331 526 535 594 419 333 1,258.7 222.4 133.6 148.9 269.1 277.3 204.3 274.2 329.1 344.8 245.1 262.3
Total Assets 27,301 31,053 30,654 30,383 30,647 30,395 30,560 30,210 30,267 32,294 24,350 25,657 20,775 20,868 22,941 22,596 20,823 20,115 18,397 17,983 18,490 17,979 14,831 14,559 14,798 13,924 12,980 14,132 14,503 15,700 14,855 15,141 15,790 15,786 15,072 14,660 14,490 14,150 14,808 15,099 13,717 9,910 10,519 10,722 11,660 12,453 3,000.0 855.1 873.5 851.3 1,166.3 1,210.6 1,175.9 1,191.6 1,318.5 1,366.7 1,335.2 1,164.4
Total Debt 9,445 9,928 9,552 9,631 9,719 9,868 10,257 10,206 10,402 10,871 10,115 10,359 5,551 5,851 5,828 6,186 6,375 6,216 6,325 6,098 6,296 5,930 3,968 3,885 4,418 3,718 3,805 3,832 3,924 3,831 3,880 3,847 4,115 4,207 3,743 3,552 3,621 3,603 3,709 3,731 2,565 2,052 2,091 2,092 2,315 2,454 443.1 265 265 266.6 433.2 452.2 453.1 453.2 290.6 288.5 46.7 53.5
Stockholders' Equity 12,033 12,227 12,023 11,811 11,546 11,191 11,072 10,898 10,809 10,816 6,467 6,235 6,167 6,151 5,875 5,842 6,013 6,395 6,345 6,660 6,332 6,433 6,011 5,754 5,396 5,639 5,327 5,551 5,494 5,449 5,602 5,542 5,725 5,880 5,735 5,576 5,352 5,430 5,754 5,717 5,697 4,683 4,919 4,932 4,491 4,241 1,780.7 162.4 162.0 160.7 226.6 272.1 270.9 266.0 526.5 513.7 718.9 645.2
Cash Flow
Operating Cash Flow 689 625 221 746 663 705 244 460 530 417 300 414 565 494 232 375 605 384 232 73 394 435 (4) 441 380 339 101 186 337 360 14 279 375 300 95 270 244 269 61 141 251 8.4 8.8 86.2 49.6 53.8 16.3 (22.2) 22.8 88.3 5.2 17.9 22.3 111.7 (30.8) (16.4) 75.9 57.7 62.4 48.5 87.0
Capital Expenditure (60) (89) (69) (59) (49) (60) (56) (52) (39) (42) (37) (39) (40) (34) (41) (42) (35) (50) (32) (39) (42) (60) (60) (42) (26) (39) (25) (43) (20) (39) (27) (29) (16) (42) (38) (28) (36) (49) (34) (28) (23) (4.5) (3.8) (5.2) (4.2) (5.9) 3.1 (3.7) (8.8) (22.2) (6.6) (28.0) (21.0) (29.9) (23.0) (22.7) (43.9) (95.2) (55.3) (25.4) (20.0)
Free Cash Flow 629 536 152 687 614 645 188 408 491 375 263 375 525 460 191 333 570 334 200 34 352 375 (64) 399 354 300 76 143 317 321 (13) 250 359 258 57 242 208 220 27 113 228 3.9 5.0 81.0 45.3 48.0 19.4 (25.8) 14.0 66.1 (1.4) (10.1) 1.3 81.8 (53.8) (39.0) 31.9 (37.5) 7.1 23.1 67.0