Newmont Corporation logo NEM - Newmont Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 27
HOLD 9
SELL 0
STRONG
SELL 0
| PRICE TARGET: $137.09 DETAILS
HIGH: $176.00
LOW: $97.00
MEDIAN: $133.00
CONSENSUS: $137.09
UPSIDE: 27.36%
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 7,183 6,571 5,380 5,275 4,871 5,724 4,600 4,311 4,001 3,920 2,493 2,705 2,657 3,148 2,673 3,163 2,965 3,340 2,906 3,036 2,908 3,366 3,124 2,323 2,604 2,963 2,709 2,254 1,800 2,040 1,735 1,668 1,819 1,929 1,871 1,875 1,647 1,795 1,789 2,038 2,032 1,816 2,033 1,908 1,972 2,017 1,746 1,765 1,764 2,169 1,983 1,993 2,177 2,476 2,480 2,229 2,683 2,765 2,744 2,384 2,465 2,548 2,597 2,153 2,242 2,518 2,049 1,602 1,552 1,342 1,392 1,522 1,943 1,322 1,646 1,302 1,256 1,460 1,102 1,310 1,148 1,283 1,164 1,006 961 1,230.0 1,162.7 1,009.2 1,135.4 821.3 747.2 815.0 637.0 445.1 362.4 427.5 490.7 362.0 355.4 358.5
Cost of Revenue 2,698 2,710 2,782 2,765 2,841 3,166 3,147 2,909 2,911 4,235 2,095 2,161 2,057 3,171 2,175 2,378 2,081 3,868 2,114 1,951 1,881 2,289 1,947 1,654 1,979 2,255 2,090 1,996 1,362 1,568 1,374 1,335 1,397 1,518 1,462 1,411 1,302 1,529 1,395 1,373 1,403 1,484 1,464 1,295 1,308 1,436 1,503 1,366 1,381 1,834 1,335 2,068 1,311 2,163 1,088 1,002 1,017 1,120 1,112 917 940 685 970 911 918 889 820 747 794 828 871 818 791 542 785 807 844 786 632 681 599 762 643 598 577 780.8 582.6 557.6 574.6 505.1 436.1 514.6 393.5 335.0 260.4 259.7 357.5 187.7 180.6 182.8
Gross Profit 4,485 3,861 2,598 2,510 2,030 2,558 1,453 1,402 1,090 (315) 398 544 600 (23) 498 785 884 (528) 792 1,085 1,027 1,077 1,177 669 625 708 619 258 438 472 361 333 422 411 409 464 345 266 394 665 629 332 569 613 664 581 243 399 383 335 648 (75) 866 313 1,392 1,227 1,666 1,645 1,632 1,467 1,525 1,863 1,627 1,242 1,324 1,629 1,229 855 758 514 521 704 1,152 780 861 495 412 674 470 629 549 521 521 408 384 449.2 580.0 451.6 560.9 316.2 311.1 300.5 243.4 110.1 102.0 167.8 133.3 174.3 174.8 175.7
Operating Expenses
R&D Expenses 45 43 40 40 43 48 47 49 53 68 53 44 35 60 80 45 44 46 40 37 31 30 39 26 27 48 43 32 27 46 37 36 34 44 41 32 26 29 34 44 28 40 32 33 28 41 36 42 42 57 67 46 52 21 92 82 102 80 99 109 68 67 46 57 46 35 27 42 31 52 45 39 30 17 16 13 18 26 19 28 21 23 18 14 18 53.4 54.1 48.2 36.7 32.9 30.2 (55.9) 18.8 (43.5) 15.3 15.3 0 17.5 17.2 13.5
SG&A Expenses 79 91 86 95 110 128 113 100 101 84 70 71 74 66 73 73 64 69 61 64 65 64 68 72 65 89 84 81 59 63 59 63 59 66 58 58 55 55 63 64 57 45 43 51 44 48 45 48 45 45 48 54 56 (71) 90 73 70 22 77 114 45 1 63 56 58 50 47 40 48 8 47 37 68 345 50 36 59 (18) 66 37 37 39 32 32 31 35.9 22.3 38.9 33.1 43.3 31.3 66.1 27.7 32.5 13.7 14.5 77.8 15.8 12.9 12.0
Other Expenses 6 39 13 34 12 43 8 20 5 3 10 6 2 12 0 5 4 18 13 8 8 3 110 135 28 15 4 12 5 0 4 4 5 3 2 10 5 2 5 63 30 293 0 55 47 (105) 91 94 86 112 136 129 112 (649) 430 354 319 485 278 339 391 527 292 292 313 364 266 300 269 552 189 184 182 138 176 193 192 165 153 153 142 162 160 158 168 (4.7) 168.0 173.2 182.0 27.4 139.3 177.0 95.0 144.8 91.1 84.8 67.3 104.5 94.1 84.7
Operating Expenses 130 173 139 169 165 219 168 169 159 155 133 121 111 138 153 123 112 133 114 109 104 97 217 233 120 152 131 125 91 109 100 103 98 113 101 100 86 86 102 171 140 318 134 158 128 227 172 184 172 179 251 229 185 (598) 612 509 491 587 454 562 504 595 401 405 417 449 340 382 348 612 281 260 280 500 242 242 269 200 238 218 200 224 210 204 217 70.3 244.4 260.3 251.8 103.6 200.9 158.5 141.5 121.9 120.0 114.6 145.1 137.9 124.2 110.2
Operating Income
Operating Income 4,355 3,688 2,459 2,341 1,865 2,339 1,285 1,233 931 (470) 265 423 489 (161) 345 662 772 (661) 678 976 923 980 960 436 505 556 488 133 347 363 261 230 324 298 308 364 259 180 292 494 489 (46) 319 429 512 324 71 215 211 121 397 (304) 648 911 780 718 1,175 1,058 1,178 905 1,021 1,268 1,226 837 907 1,180 889 473 410 (98) 240 444 872 280 619 253 143 474 232 411 349 297 311 204 167 378.9 335.7 191.3 309.1 212.6 110.2 142.0 102.0 (11.8) (18.1) 53.3 (11.9) 36.5 50.6 65.5
Interest Expense 39 33 52 65 79 93 86 103 93 86 48 49 65 53 55 57 62 51 69 70 76 72 78 80 93 87 79 85 61 54 49 46 50 54 54 61 65 25 67 71 79 77 81 82 85 85 89 94 93 92 76 70 65 59 67 71 52 51 65 63 65 58 66 69 75 55 10 23 32 0 35 35 28 0 0 0 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 84 63 56 54 41 38 37 38 39 40 35 37 36 35 27 0 0 6 6 3 3 3 4 6 11 13 10 13 21 17 15 13 11 9 9 6 0 0 0 0 0 0 0 0 0 1 0 0 0 3 4 2 4 3 2 2 5 (8) 2 2 4 0 3 2 3 16 0 0 0 0 0 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
Profitability
EBITDA 5,065 4,303 3,448 3,886 3,236 2,804 1,908 1,835 1,273 (1,100) 926 901 1,131 (1) 912 1,073 1,298 667 685 1,631 1,418 1,871 1,588 1,198 1,475 1,435 3,467 665 678 735 251 667 662 736 686 749 581 (421) 650 789 558 228 539 656 797 638 398 520 534 (3,794) 719 (2,305) 872 1,144 1,056 876 1,319 (2,259) 1,371 1,160 1,294 1,554 1,463 1,122 1,185 1,458 1,088 649 593 (173) 443 513 983 418 811 469 396 666 419 560 470 480 473 365 291 552.3 511 360 477.4 355.2 249.6 268.3 238.5 87.7 63.1 138.1 120.2 111.7 153.3 192.9
EBIT 4,355 3,688 2,682 3,183 2,550 2,111 1,145 1,139 521 (2,959) 280 349 604 (1,330) 351 465 690 (1,598) (2) 1,013 819 1,006 958 630 872 707 2,857 105 336 332 (79) 351 333 319 330 396 258 (861) 290 307 282 (115) 312 380 508 331 114 186 236 (1,988) 651 (2,561) 605 863 784 628 1,088 (995) 1,101 910 1,038 1,306 1,243 891 961 1,218 889 473 419 (112) 257 330 801 280 619 283 204 474 270 412 328 297 311 210 171 378.9 338 188 301 212.6 110.2 142.0 102.0 (11.8) (18.1) 53.3 (11.9) (8.3) 50.4 77.7
Income Before Tax 4,732 3,417 2,630 3,167 2,549 2,123 1,119 1,033 435 (3,023) 235 316 564 (1,357) 321 425 667 (479) (32) 992 793 1,004 933 579 816 662 2,810 46 270 270 (137) 298 274 253 277 332 193 (886) 223 404 490 (192) 437 298 423 246 25 92 143 (2,080) 580 (2,627) 542 804 717 557 1,036 (1,046) 1,036 847 973 1,140 1,165 812 880 1,163 904 459 387 (42) 212 310 796 (1,175) 607 (331) 186 360 521 409 350 343 333 200 190 588.9 220.8 129.6 298.0 335.4 305.7 43.1 94.0 (23.9) (32.3) (34.7) 29.7 (30.2) (11.9) 13.2
Income Tax Expense 1,404 2,070 787 1,092 647 702 244 191 260 117 73 163 213 112 96 33 214 300 222 341 235 258 305 164 (23) 129 558 20 125 260 3 18 105 777 72 166 110 8 90 310 324 148 151 152 193 155 (47) (53) 78 (823) 154 (325) 181 123 228 175 343 (150) 371 187 305 100 348 273 135 294 253 136 105 (88) (3) (37) 235 95 84 (23) 62 62 206 120 38 128 94 41 51 65.8 92.1 31.3 86.6 (25.6) 89.0 (24.4) 27.9 (46.3) (0.7) 2.5 11.9 (11.5) 4.4 6.5
Net Income 3,262 1,301 1,832 2,061 1,891 1,403 922 853 166 (3,150) 158 155 351 (1,488) 213 387 448 (46) 3 650 559 824 839 344 822 565 2,178 (25) 87 2 (145) 292 192 (542) 206 175 46 (321) 219 23 52 (254) 219 72 183 15 213 180 100 (1,166) 398 (2,019) 314 673 367 279 490 (1,028) 493 387 514 812 537 382 546 558 388 306 189 10 191 271 365 (289) 397 (2,062) 68 223 198 161 209 62 126 50 84 190.4 129 37 87 152.5 90.8 82.9 64.8 21.1 (31.6) (37.3) 9.4 (18.7) (16.3) 6.6
Per Share Data
EPS (Basic) 3.01 1.20 1.67 1.86 1.68 1.24 0.80 0.74 0.14 -3.22 0.20 0.20 0.44 -1.86 0.27 0.49 0.56 -0.06 0.00 0.81 0.70 1.03 1.04 0.43 1.02 0.69 2.66 -0.03 0.16 0.00 -0.27 0.55 0.36 -1.01 0.39 0.33 0.09 -0.61 0.41 0.04 0.10 -0.50 0.42 0.14 0.37 0.03 0.43 0.36 0.20 -2.33 0.80 -4.06 0.63 1.35 0.74 0.56 0.99 -2.08 1.00 0.78 1.04 1.65 1.09 0.78 1.11 1.14 0.79 0.62 0.40 0.02 0.42 0.60 0.81 -0.64 0.88 -4.57 0.15 0.49 0.44 0.36 0.47 0.14 0.28 0.11 0.19 0.43 0.29 0.08 0.20 0.34 0.22 0.21 0.16 0.11 -0.16 -0.19 0.06 -0.10 -0.09 0.03
EPS (Diluted) 3.00 1.21 1.67 1.85 1.68 1.24 0.80 0.74 0.14 -3.22 0.20 0.20 0.44 -1.86 0.27 0.49 0.56 -0.06 0.00 0.81 0.70 1.02 1.04 0.43 1.02 0.69 2.65 -0.03 0.16 0.00 -0.27 0.55 0.36 -1.01 0.38 0.33 0.09 -0.61 0.41 0.04 0.10 -0.50 0.42 0.14 0.37 0.03 0.43 0.36 0.20 -2.33 0.80 -4.06 0.63 1.35 0.74 0.56 0.97 -2.08 0.98 0.77 1.03 1.65 1.07 0.77 1.11 1.14 0.79 0.62 0.40 0.02 0.42 0.59 0.80 -0.64 0.88 -4.57 0.15 0.49 0.44 0.36 0.46 0.14 0.28 0.11 0.19 0.43 0.29 0.08 0.19 0.34 0.22 0.21 0.16 0.11 -0.16 -0.19 0.06 -0.10 -0.09 0.03
Shares Outstanding 1,085 1,106 1,097 1,110 1,126 1,147 1,147 1,153 1,153 978 795 795 795 794 794 794 793 795 799 801 801 802 803 803 807 818 820 766 534 533 533 533 534 533 533 533 532 529.2 531 575 520 508 521.4 505 494.6 500 499 499 498 500.4 498 497 498.4 496 496 496 495 494 494 494 493 492 493 492 491 491 490 490 472 454 454 454 453 453 452 451 451 451 450 449 448 446 446 446 446 443 443 462.5 443 425.7 405.4 384.9 397.5 189.0 195.6 192.6 168.1 192.2 192.0 191.9
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 8,778 7,650 5,640 6,185 4,698 3,619 3,016 2,608 2,342 3,002 3,190 2,829 2,657 2,877 3,058 4,307 4,272 4,992 4,636 4,583 5,518 5,540 4,828 3,808 3,709 2,243 2,712 1,827 3,545 3,397 3,068 3,127 3,111 3,259 2,969 3,105 2,919 2,756 2,099 2,902 2,461 3,602 3,364 3,215 544 1,451 1,053 1,474.8 1,548.6 1,314 274.7 380.3 401.7 292.1 90.5 76.7 47.2 60.3 48.3 52.2 90.7 55.3 20.7 81.9 72 79.1 55.4 54.1 64.5 146.2 108.2 114.2 100.8 185.7 187.1 214.7 241.6 59.1 111 163.7 110.5 160.6 239.8 31 37.5 69.8 170 227.8 227.4
Short-Term Investments 4 594 328 468 18 21 43 50 23 23 24 409 847 880 755 51 72 82 157 222 240 290 313 310 175 237 157 24 56 48 58 56 59 62 76 61 51 56 80 46 27 64 73 56 19 13 1,085 201.9 269.2 145 12.0 12.0 13.2 15.4 69.7 58.2 38.6 7.1 5.7 5.4 5.4 0 10.7 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
Net Receivables 1,675 1,745 1,047 637 887 1,056 974 955 782 1,227 78 185 348 690 289 364 413 337 334 341 263 449 324 255 220 373 760 650 289 346 272 234 330 237 247 337 285 343 293 509 495 464 601 540 512 549 499 188.5 215.0 91 45.0 27.5 82 39.0 26.4 21.7 23.9 29 48 53.3 48.5 40.6 40.3 37.1 53.3 52.1 30.2 24.5 43.2 52.4 45.9 30.5 36.5 28.7 38.8 25.5 27.3 24.5 31.6 26 37.6 51 14 14.3 19 18.7 23.9 23.8 0
Inventory 2,712 2,689 2,448 2,267 2,285 2,184 2,175 2,148 2,130 2,642 1,956 1,969 1,972 1,753 1,694 1,674 1,756 1,787 1,939 1,897 1,861 1,790 1,788 1,797 971 1,826 1,862 1,919 1,373 1,327 1,381 1,408 1,297 1,355 1,406 1,486 1,438 1,380 1,394 1,681 1,574 510 501 493 481 475 782 259.1 282.7 474 170.5 503.2 498.3 522.0 327.8 329.7 329.3 333.9 364.8 363.5 334.9 322.6 317.4 335.9 280.3 280.4 329.4 386.2 339.1 339.5 409.4 397.8 269 188.3 211.7 193.2 193.6 174 160.5 151.8 133.7 130.9 112.5 129.8 113.5 122.2 117.8 110.8 0
Other Current Assets 342 388 909 842 2,852 5,394 6,366 6,315 6,535 607 707 742 735 315 524 511 546 498 406 402 482 436 407 514 1,380 1,593 24 39 134 251 156 142 141 153 110 109 145 142 3,247 350 445 1,431 1,422 1,045 901 863 273 590.6 639.6 453 536.8 118.5 89.7 191.3 56.5 52.4 92.3 53 81.1 80.1 87.8 115.6 101.9 95.2 102.5 101.5 116.1 138.1 115.6 103.3 102.2 103.3 73.1 53.2 58.2 57.2 41.3 31.9 32 29.2 23.7 27.6 41.3 35.5 20.9 18.3 19.8 11.8 172.2
Total Current Assets 13,511 13,066 10,372 10,399 10,740 12,275 12,577 12,070 11,806 7,512 5,955 6,134 6,559 6,515 6,320 6,907 7,059 7,696 7,472 7,445 8,364 8,505 7,660 6,684 6,455 6,272 5,698 4,638 5,397 5,277 4,935 4,967 4,938 5,066 4,808 5,098 4,838 4,677 7,113 5,294 4,780 6,071 5,961 5,822 2,457 3,351 3,692 2,715.0 2,955.1 2,360 1,058.3 1,061.0 1,113.3 1,096.8 591.0 558.3 531.4 511.9 547.9 554.5 567.3 534.1 491 550.1 508.1 513.1 531.1 602.9 562.4 641.4 665.7 645.8 479.4 455.9 495.8 490.6 503.8 289.5 335.1 370.7 305.5 370.1 407.6 210.6 190.9 229 331.5 374.2 399.6
Non-Current Assets
Property, Plant & Equipment 33,323 33,310 33,621 33,591 33,568 33,547 33,697 33,655 33,564 37,563 24,474 24,284 24,097 24,073 24,150 24,131 24,070 24,124 23,711 24,500 24,081 24,281 24,333 24,676 24,952 25,276 26,294 23,377 12,264 12,258 12,209 12,351 12,311 12,338 12,173 12,262 12,378 12,485 13,170 14,234 14,284 12,399 12,456 12,370 11,825 10,194 7,334 5,268.2 3,917.8 2,348 2,343.1 3,768.6 2,317.9 4,190.7 2,261.6 2,240.9 2,194.0 1,949.3 1,941.0 1,944.0 1,935.2 1,972.3 1,988.9 1,975.9 2,030.6 2,048.7 2,542.4 2,554.4 2,557 2,598.8 2,564.7 2,577.3 1,458.4 1,302 1,293.3 1,324.2 1,294.3 1,255.3 1,230.3 1,184.1 1,142.3 1,119.3 1,047.6 961.4 865.9 794.5 727.1 685.9 675
Goodwill 2,658 2,658 2,658 2,658 2,658 2,658 2,721 2,792 2,792 3,001 1,971 1,971 1,971 1,971 2,771 2,771 2,771 2,771 2,771 2,771 2,771 2,771 2,771 2,771 2,763 2,674 3,078 2,156 0 58 0 0 0 0 0 0 0 0 0 0 0 188 188 188 188 188 1,320 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 62 75 0 0 0 0 0 0 0 0 0 0 0 0 0 91 0 29 0 0 0 3,088.6 3,084.7 3,043 4,473.7 3,006.1 4,440 2,614.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 4,373 4,387 4,505 4,455 4,856 4,471 4,150 4,141 4,138 4,143 3,133 3,172 3,216 3,278 3,198 3,203 3,335 3,243 3,173 3,220 3,165 3,197 3,030 3,003 2,890 3,199 3,295 3,710 336 271 331 353 273 280 292 306 208 207 239 237 240 1,146 1,232 1,186 902 753 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 3,773 3,655 3,494 4,007 3,638 3,274 2,801 2,747 2,825 3,019 2,413 2,406 2,361 2,472 2,496 2,469 2,451 2,461 2,425 2,413 2,350 2,278 2,252 2,221 2,122 2,004 1,896 2,384 2,505 2,450 2,484 2,447 2,461 2,413 2,275 2,231 2,260 2,331 2,264 3,674 3,716 1,791 1,778 1,767 1,613 1,419 1,634 827.3 2,087.5 1,177 1,397.1 1,498.0 1,546 1,271.7 782.9 787.0 1,094.2 819 975.5 917.5 935.3 877 803.3 689 669.9 625 431.8 356.8 404.8 373.8 281.4 248.2 282 289.2 290.5 244.8 233 229 214.7 194.1 188 167.3 169.2 154.6 171.5 162.9 144.2 139 122
Total Non-Current Assets 44,159 44,055 44,318 44,766 44,779 44,074 43,598 43,608 43,529 47,994 32,129 31,999 31,815 31,967 32,823 32,783 32,854 32,868 32,393 33,232 32,699 32,864 32,891 33,201 33,244 33,702 35,065 32,349 15,483 15,438 15,624 15,688 15,545 15,580 16,028 16,044 16,131 16,354 16,968 19,409 19,773 16,698 16,684 16,477 15,654 13,674 11,292 9,892.5 9,856.9 8,690 9,093.3 9,107.6 9,041.3 8,577.1 3,386.3 3,355.3 3,288.2 2,998.8 2,916.5 2,861.5 2,870.5 2,849.3 2,792.2 2,664.9 2,700.5 2,673.7 2,974.2 2,911.2 2,961.8 2,972.6 2,846.1 2,825.5 1,740.4 1,625.2 1,583.8 1,569 1,527.3 1,484.3 1,445 1,378.2 1,330.3 1,286.6 1,216.8 1,116 1,037.4 957.4 871.3 824.9 797
Total Assets 57,670 57,121 54,690 55,165 55,519 56,349 56,175 55,678 55,335 55,506 38,084 38,133 38,374 38,482 39,143 39,690 39,913 40,564 39,865 40,677 41,063 41,369 40,551 39,885 39,699 39,974 40,763 36,987 20,880 20,715 20,559 20,655 20,483 20,646 20,836 21,142 20,969 21,031 24,081 24,703 24,553 22,769 22,645 22,299 18,111 17,025 14,984 12,607.5 12,812.0 11,050 10,151.6 10,168.6 10,154.5 9,674.0 3,977.3 3,913.5 3,819.6 3,510.7 3,464.4 3,416.0 3,437.8 3,383.4 3,283.2 3,215 3,208.6 3,186.8 3,505.3 3,514.1 3,524.2 3,614 3,511.8 3,471.3 2,219.8 2,081.1 2,079.6 2,059.6 2,031.1 1,773.8 1,780.1 1,748.9 1,635.8 1,656.7 1,624.4 1,326.6 1,228.3 1,186.4 1,202.8 1,199.1 1,196.6
Current Liabilities
Account Payables 828 816 832 742 771 843 772 683 698 960 651 565 648 633 570 583 491 518 498 503 446 493 418 473 509 539 532 460 287 303 293 360 331 375 315 304 305 320 304 348 367 366 356 396 310 276 265 221.9 216.1 163 151.0 126.9 105 124.9 72.4 84.3 57.8 88 47.5 42.4 35.4 38 34.7 30.7 28.6 37.9 39.4 39 55.9 83.1 64.7 81.3 45 72.1 46.3 39.5 38.1 38.6 41.5 29.9 28.4 32.7 23.2 20.9 18.7 17.9 20.1 15.3 128.8
Short-Term Debt 116 151 116 0 0 924 0 0 0 1,923 0 0 0 0 0 0 0 87 492 491 1,042 551 551 552 86 0 626 626 626 626 19 13 7 0 4 577 572 566 564 196 335 0 78 157 221 223 288 289.8 380.9 191 176.4 82.9 115.3 100.9 189.2 194.9 48.3 29.9 28.3 23.7 22.6 23.3 28.1 36.6 35.6 47.6 51.6 56.1 72.7 69.1 61.1 59.2 55.7 65.2 61.8 51.1 47.8 33.6 28.2 27.3 21.5 15.7 15.7 15.7 15.7 15.7 38.4 55.9 77.9
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 17 0 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 2,415 2,659 2,504 2,102 3,254 4,303 4,418 3,918 3,789 1,576 1,309 1,285 1,197 1,254 979 1,086 1,065 1,089 865 855 790 1,039 842 670 639 1,106 736 734 447 510 433 401 383 511 394 383 333 494 1,303 413 405 1,337 1,299 430 1,233 974 760 499.4 592.6 489 554.3 60.8 96.6 79.6 8.0 8.3 180.6 11 169.7 172.6 158.3 212.5 130.3 119.4 101.3 126.8 145 168.5 218.4 242.3 217.3 230.4 200.4 141 110.2 121.2 112.2 122.2 123.8 123.6 93.8 104.8 92.4 95 82.4 76.4 86.7 108.2 0
Total Current Liabilities 5,531 5,712 5,086 4,670 5,426 7,543 6,408 5,732 5,482 5,998 2,808 2,693 2,752 2,926 2,324 2,451 2,417 2,654 2,799 2,787 3,480 3,369 2,703 2,378 1,952 2,385 2,611 2,538 1,815 1,787 1,051 1,080 1,181 1,398 1,150 1,572 1,565 1,750 2,536 1,360 1,458 2,195 2,013 2,320 1,854 1,571 1,622 1,011.1 1,189.6 834 881.8 702.3 693.5 631.2 456.1 450.2 286.7 290.7 245.6 238.7 216.4 273.8 193.1 186.7 165.5 212.3 236 263.6 347 394.5 343.1 370.9 301.1 224.1 218.3 211.8 198.1 194.4 193.5 180.8 143.7 153.2 131.3 131.6 116.8 110 145.2 179.4 206.7
Non-Current Liabilities
Long-Term Debt 5,079 5,115 5,180 7,132 7,507 7,552 8,550 8,692 8,933 6,951 5,575 5,574 5,572 5,571 5,569 5,568 5,566 5,565 4,990 4,989 4,988 5,480 5,479 5,478 6,030 6,138 6,139 5,475 3,420 3,418 4,043 4,042 4,088 4,040 4,046 4,046 4,049 4,044 4,552 5,375 5,369 0 0 4,652 2,810 2,749 2,745 1,466.1 1,526.9 887 1,277.2 1,577.1 1,701.3 1,725.4 1,092.3 1,085.6 1,165.0 976.4 1,065.3 1,045.6 1,099.9 1,014.2 1,073.5 1,197.2 1,232.8 1,201.1 1,180.1 1,174.9 1,134.9 1,179.4 1,152.2 1,139 592.2 585 585 594.6 594.6 604.3 604.3 597.1 587.8 593.6 593.6 314.5 219.5 192 192 192 192
Deferred Tax Liabilities 3,948 4,045 2,885 2,890 2,733 2,820 2,883 3,046 3,094 2,987 1,696 1,795 1,800 1,809 1,864 1,976 2,045 2,144 2,235 2,239 2,039 2,073 2,391 2,273 2,297 2,407 2,965 2,458 614 612 614 589 596 595 606 614 607 592 563 926 865 1,320 1,370 1,341 1,237 1,124 422 744.8 735.0 633 742.2 678.0 656.5 545.6 123.0 112.4 100.0 64.2 0 0 0 0 0 0 0 0 0 0 0 0 52.1 56 0 91.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7.7
Other Non-Current Liabilities 7,677 7,761 7,773 7,823 8,052 7,936 8,001 8,216 8,315 9,917 8,327 8,215 8,240 8,178 7,522 7,589 7,714 7,796 5,919 5,915 5,911 6,003 5,718 6,129 5,997 5,984 5,899 5,465 3,212 3,196 3,101 3,045 3,063 3,073 2,803 2,870 2,832 2,766 2,321 2,659 2,608 1,419 1,361 1,373 1,456 1,352 1,060 1,127.7 1,146.2 963 1,087.4 1,262.9 1,330 1,066.1 615.7 620.1 609.0 592 529.9 546.1 527.0 517.3 489.6 256.8 252.3 241.1 268.1 275.6 271.6 280.7 238.2 234.9 154.6 205.4 149.4 152.2 151.6 150.2 150.2 153 149.4 156.9 151.9 143.8 160.8 163.2 164.8 147.1 142.3
Total Non-Current Liabilities 17,041 17,367 16,193 18,208 18,662 18,697 19,871 20,383 20,778 20,303 16,016 16,025 16,063 16,023 15,419 15,640 15,865 16,049 13,780 13,796 13,591 14,121 14,228 14,536 14,967 15,172 15,668 14,076 7,546 7,416 7,885 7,742 7,747 7,729 7,455 7,530 7,488 7,407 7,436 8,960 8,842 7,019 7,227 7,366 5,503 5,225 4,227 3,338.6 3,408 2,123 3,106.8 3,518.0 3,687 3,337.2 1,831.1 1,818.1 1,874.0 1,826 1,595.1 1,591.7 1,626.9 1,531.5 1,563.1 1,454 1,485.1 1,442.2 1,448.2 1,450.5 1,406.5 1,460.1 1,442.5 1,429.9 746.8 1,336.8 734.4 746.8 746.2 754.5 754.5 750.1 737.2 750.5 745.5 458.3 380.3 355.2 356.8 339.1 342
Total Liabilities 22,572 23,079 21,279 22,878 24,088 26,240 26,279 26,115 26,260 26,301 18,824 18,718 18,815 18,949 17,743 18,091 18,282 18,703 16,579 16,583 17,071 17,490 16,931 16,914 16,919 17,557 18,279 16,614 9,361 9,203 8,936 8,822 8,928 9,127 8,605 9,102 9,053 9,157 9,972 10,320 10,300 9,214 9,240 9,686 7,357 6,796 5,849 4,349.7 4,597.6 3,318 3,988.6 4,220.3 4,380.7 3,968.4 2,287.1 2,268.3 2,160.7 1,856.3 1,840.7 1,830.4 1,843.3 1,805.3 1,756.2 1,640.7 1,650.6 1,654.5 1,684.2 1,714.1 1,753.5 1,854.6 1,785.6 1,800.8 1,047.9 949 952.7 958.6 944.3 948.9 948 930.9 880.9 903.7 876.8 589.9 497.1 465.2 502 518.5 548.7
Stockholders' Equity
Common Stock 1,727 1,753 1,760 1,772 1,803 1,813 1,840 1,851 1,855 1,854 1,281 1,281 1,281 1,279 1,279 1,278 1,278 1,276 1,284 1,287 1,289 1,287 1,292 1,291 1,290 1,298 1,317 1,317 860 855 855 857 857 855 853 853 853 849 849 849 849 775 773 770 768 766 690 644.8 643.5 638 579.7 566.3 565.0 559.7 313.6 313.3 312.8 273.5 269.1 268.8 268.6 268.3 268.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 4,972 3,431 2,699 1,449 153 (1,320) (2,101) (2,585) (3,111) (2,996) 623 785 948 916 2,831 3,056 3,107 3,098 3,739 4,242 4,120 4,002 3,623 2,989 2,846 2,291 2,036 (25) 385 383 361 592 380 410 1,051 885 735 716 1,086 1,458 1,449 1,979 1,646 1,149 302 189 (512) 369.6 365.3 301 71.7 (3.0) (120.2) (218.0) (311.5) (333.0) (299.6) 76.4 70.7 94.4 115.9 114.2 73.9 123.4 121.7 111.2 572.8 570.5 549.5 523.7 491.6 465.6 308.6 300.4 292.8 269.4 261.9 283.6 284.3 272.4 220 218.6 215.2 209.2 206.5 185.2 186.2 174.8 148.4
Accumulated Other Comprehensive Income 156 137 109 44 (39) (95) 21 (7) (16) 14 8 13 23 29 (7) (11) (12) (133) (190) (198) (205) (216) (245) (247) (252) (265) (265) (257) (269) (284) (150) (162) (169) (292) (292) (318) (322) (334) (302) (341) (386) 526 743 626 141 (208) 743 19.9 13.2 23 (3.9) (23.0) (64.0) (27.2) (14.6) (21.8) (30.4) (26) 40 0 0 0 0 0 0 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 34,926 33,867 33,226 32,112 31,248 29,928 29,712 29,379 28,890 29,027 19,074 19,225 19,377 19,354 21,219 21,421 21,449 22,022 22,712 23,239 23,127 23,008 22,661 22,004 21,806 21,420 21,430 19,354 10,499 10,502 10,597 10,813 10,575 10,535 11,138 10,928 10,755 10,721 11,102 11,423 11,349 11,515 11,350 10,703 9,263 8,771 7,629 7,495.0 7,472.6 7,385 5,800.8 5,573.2 5,419.2 5,375.1 1,459.6 1,434.0 1,458.0 1,466.4 1,458.8 1,439.7 1,457.7 1,451.7 1,409.4 1,456.4 1,453 1,439.5 1,641.9 1,639 1,617.8 1,591.1 1,556.2 1,522 1,033.6 1,024.9 1,020.2 996.7 983.8 742.9 744.1 731.5 675.2 673.5 668.7 658.9 654 629.9 611.6 595.7 565.7
Total Liabilities & Equity 57,670 57,121 54,690 55,165 55,519 56,349 56,175 55,678 55,335 55,506 38,084 38,133 38,374 38,482 39,143 39,690 39,913 40,564 39,865 40,677 41,063 41,369 40,551 39,885 39,699 39,974 40,763 36,987 20,880 20,715 20,559 20,655 20,483 20,646 20,836 21,142 20,969 21,031 24,081 24,703 24,553 22,769 22,645 22,299 18,111 17,025 14,984 12,607.5 12,812.0 11,050 10,151.6 10,168.6 10,154.5 9,674.0 3,977.3 3,913.5 3,819.6 3,510.7 3,464.4 3,416.0 3,437.8 3,383.4 3,283.2 3,215 3,208.6 3,186.8 3,505.3 3,514.1 3,524.2 3,614 3,511.8 3,471.3 2,219.8 2,081.1 2,079.6 2,059.6 2,031.1 1,773.8 1,780.1 1,748.9 1,635.8 1,656.7 1,624.4 1,326.6 1,228.3 1,186.4 1,202.8 1,199.1 1,196.6
Debt Metrics
Total Debt 5,532 5,712 5,651 7,607 7,986 8,972 9,099 9,225 9,468 9,436 6,087 6,111 6,119 6,132 6,127 6,173 6,210 6,302 6,242 6,261 6,809 6,702 6,787 6,803 6,872 6,909 7,565 6,917 4,420 4,261 4,190 4,121 4,095 4,065 4,050 4,623 4,621 4,615 5,116 5,571 5,704 4,575 4,574 4,809 3,031 2,972 3,033 1,755.9 1,907.8 1,078 1,453.6 1,659.9 1,816 1,826.4 1,281.5 1,280.6 1,213.3 1,209 1,093.6 1,069.2 1,122.5 1,037.5 1,101.6 1,233.8 1,268.4 1,248.7 1,231.7 1,231 1,207.6 1,248.5 1,213.3 1,198.2 647.9 1,105.1 646.8 645.7 642.4 637.9 632.5 624.4 609.3 609.3 609.3 330.2 235.2 207.7 230.4 247.9 269.9
Net Debt (3,246) (1,938) 11 1,422 3,288 5,353 6,083 6,617 7,126 6,434 2,897 3,282 3,462 3,255 3,069 1,866 1,938 1,310 1,606 1,678 1,291 1,162 1,959 2,995 3,163 4,666 4,853 5,090 875 864 1,122 994 984 806 1,081 1,518 1,702 1,859 3,017 2,669 3,243 973 1,210 1,594 2,487 1,521 1,980 281.0 359.1 (53) 1,178.8 1,279.6 1,414 1,534.2 1,191.0 1,203.8 1,166.1 1,131 1,045.3 1,017.1 1,031.9 982.2 1,080.9 1,151.9 1,196.4 1,169.6 1,176.3 1,176.9 1,143.1 1,102.3 1,105.1 1,084 547.1 878 459.7 431 400.8 578.8 521.5 460.7 498.8 448.7 369.5 299.2 197.7 137.9 60.4 20.1 42.5
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income 3,328 1,358 1,832 2,075 1,902 1,421 924 857 179 (3,148) 163 155 363 (1,469) 225 400 453 (764) (254) 651 558 764 628 415 839 561 2,252 (25) 119 15 (140) 280 191 (501) 205 166 81 (807) (141) 62 135 126 50 84 37.5 86.7 153.5 114.4 90.8 117.3 67.5 32.7 66.9 (9.0) 22.4 23.4 (31.6) 9.4 (18.7) (16.3) 6.6 46.8 (39) 7.1 9.9 (423.9) 6.9 25.7 30.8 38.7 43.1 (33.8) 20.4 19.5 35.4 19.5 10.7 4 25.2 67.8 15.6 16.8 20.4 17.3 21.6 17 25.6 39.5 12.6
Depreciation & Amortization 632 542 766 620 593 689 631 602 654 681 480 486 461 571 508 559 547 639 570 561 553 615 592 528 565 613 548 487 312 336 299 279 301 321 327 308 293 328 256 314 322 156 142 134 171.8 166.9 119.2 153.0 131.6 124.2 126.3 168.0 135.8 112.7 99.5 83.5 81.2 132.1 104.5 94.1 84.7 87.3 83.4 64.2 61.5 80.7 84.8 91.3 84.9 124 70.4 86.3 40.3 33.3 33.4 29.6 28.5 30.3 28 23.8 24.7 22.8 24.2 21.2 22.9 26.8 27.2 27.8 28.2
Stock-Based Compensation 0 51 0 27 21 23 22 23 21 22 16 23 19 16 17 22 18 17 17 21 17 17 17 17 21 21 22 35 19 19 19 19 19 17 18 19 16 16 17 21 16 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (183) (735) (286) 156 (141) 113 (209) (263) (666) (171) 127 (107) (362) (29) (310) (37) (465) 37 13 (266) (325) 245 168 (145) 27 100 (150) (269) 10 (76) (157) (159) (351) 68 13 (80) (175) (58) (247) (45) (140) 25 (134) (78) (64.7) (47.6) (90.4) (9.9) (92.6) (10.2) 5.7 73.7 (34.5) (32.5) 21.8 4.6 62.1 94.2 (20.3) 5.9 (16.2) 77.1 (23.6) 49.1 (24.8) 15.9 2.8 (7.9) (58.6) 39.5 (82.6) (0.3) (66.3) 21.6 (33) (3.4) (36.3) (6.3) (17.9) 16.2 12.8 (0.4) 6.4 (4.9) 10.2 (54.2) (15.9) 0 0
Other Non-Cash Items 53 1,430 (88) (711) (469) 150 273 304 535 3,333 241 100 (15) 2,054 67 169 182 1,469 822 (11) 63 195 119 (125) (398) (2) (2,316) 105 90 196 485 9 93 148 101 93 102 1,176 954 137 36 137 100 54 102.3 99.7 24.4 (54.4) (85.1) (59.9) 86.4 (3.3) (35.0) 2.6 52.6 2.9 5.1 34.1 34.5 20.5 24.9 (0.3) 0.1 3.5 15.9 662.9 11.9 12.2 (0.1) (35.8) 76 (3.4) 3.3 (5.4) (1.7) (1.8) (0.2) 7.3 0.1 (113.5) 0.3 (4.2) (5.3) (4.5) 0.7 (3.4) (3.6) (53.9) (28.3)
Operating Cash Flow 3,785 3,621 2,298 2,384 2,031 2,511 1,648 1,428 776 616 1,003 663 481 1,010 473 1,043 694 1,299 1,144 995 841 1,686 1,596 664 936 1,205 791 299 571 740 425 399 263 751 685 526 373 633 854 777 522 437 136 188 238.9 328.2 154.6 209.5 89.0 136.0 225.2 247.1 125.5 72.6 146.7 109.1 106.7 222.3 96.0 103.2 86.9 196.8 39.1 110.8 55.3 96.7 106.2 115.8 54.8 167 104.1 22.3 (9.6) 51.8 37 43.9 2.7 44.4 30.1 23.2 54.5 35.8 45.1 9 47.2 (13.4) 20.3 13.4 12.5
Investing Activities
Capital Expenditure (641) 2,227 (727) (674) (826) (875) (877) (800) (850) (920) (604) (616) (526) (646) (529) (519) (437) (441) (398) (415) (399) (398) (296) (280) (328) (430) (428) (380) (225) (269) (274) (258) (231) (309) (194) (183) (180) (301) (241) (294) (297) (355) (314) (242) (185.5) (167.9) (134.6) (151.1) (134.0) (81.3) (61.9) (97.4) (87.5) (53.3) (72.6) (108.5) (121.1) (137.8) (103.5) (89.3) (47.4) (61.4) (82.3) (40.3) (37) (40.7) (60.1) (59.2) (56) (114.8) (113.8) (131.1) (55.4) (44.5) (46.4) (67.1) (73.2) (77.2) (76.8) (84.6) (70.7) (91) (112.8) (103.4) (94.8) (84.9) (57.5) (42.6) (50.3)
Acquisitions 0 (143) 147 7 (11) (60) (1) 11 22 656 (26) 7 (41) (32) (48) (13) (84) (36) (42) (373) (9) (29) (2) 14 43 49 9 203 0 (2) (99) (39) 0 (15) 0 2 (2) 914 0 0 0 0 0 0 0 0 (2.3) 0 0 0 0 (0.2) (69.6) (18.3) 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 0 0
Purchases of Investments 0 (7) (5) 0 0 (4) (2) (83) (38) (6) (3) (17) (525) (275) (657) (4) (4) (41) (2) (12) (4) (4) 0 (21) (12) (18) (8) (33) (53) (22) (11) 0 (6) (17) 0 0 0 (5) 2 0 0 (488) (1,267) (775) 563 (657) (3.1) 0 0 0 0 0.2 19.6 0.3 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 (6.7) (7.9) (4.8) 0 0
Sales/Maturities of Investments 257 23 589 367 7 21 16 9 3 23 379 424 557 220 16 41 9 87 23 22 62 2 35 6 264 8 3 53 3 2 1 15 0 1 15 0 19 11 0 0 184 738 1,278 546 0 276 (0.2) 50.5 0 0 8.7 0.7 84.0 406.7 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 6.5 79.6 (62.1) 0 0
Other Investing Activities 82 (2,911) (2) 979 1,568 217 302 222 62 (2) 1 44 193 7 (5) (20) (3) 80 29 1 (1) 18 (74) (3) 1,156 (18) (14) 53 3 (2) 16 (38) (5) 6 (2) (105) 3 3 (56) 2 2 144 8 52 (92.0) 93.0 (2.6) 160.6 (16.6) 112.7 (44.3) (1.7) 50.8 (24.8) (5.9) 10.6 (8.7) 22.4 (15.4) 4.2 (83.9) (19.2) 119.9 (20.9) (39.7) (44) (40.5) (79.8) (40.5) (45.3) (0.7) 3.4 32.6 1.3 (7.4) (0.5) (1.2) (12.1) (1.5) 110.9 (19.8) (11.3) 7.5 5.3 (0.5) (53.5) 73.6 61.2 (4.1)
Investing Cash Flow (302) (813) 2 679 738 (701) (562) (641) (798) (249) (253) (158) (342) (726) (1,223) (515) (519) (351) (390) (777) (350) (411) (337) (284) 1,123 (409) (438) (104) (275) (293) (367) (281) (236) (334) (181) (286) (160) 622 (297) (294) (111) 39 (295) (419) (277.5) (74.8) (142.9) 60.1 (150.6) 31.4 (97.6) (98.3) (2.7) 310.7 (78.5) (97.9) (129.8) (115.4) (118.9) (85.1) (131.3) (80.6) 37.6 (61.2) (76.7) (84.7) (100.6) (139) (96.5) (160.1) (114.5) (127.7) (22.8) (43.2) (53.8) (67.6) (74.4) (89.3) (78.3) 26.3 (90.5) (102.3) (105.3) (98.1) (95.5) (66.7) (50.8) 18.6 (54.4)
Financing Activities
Net Debt Issuance (39) 3,430 (2,001) (421) (1,008) (102) (155) (249) 35 (19) (16) (16) (16) (16) (16) (15) (108) 141 (18) (568) (18) (17) (16) (107) (101) (644) 679 (1,276) (10) (1) 0 (2) (1) (1) (576) (2) (1) (535) (136) (2) (499) (73) (53) 567 (17) (22) (322.9) (138.7) (24.6) (182.8) (13.9) (110.8) (397.9) (24.8) (2.4) 0.9 68.0 (89.6) 16.3 (50.3) 75.0 (76.4) (132.4) (34.5) 19.7 17 0.7 17.6 (35.1) 35.2 14.9 (4.4) 59.5 3.4 196.1 3.3 4.6 5.4 8 0 0 0 279.1 95 27.5 (22.6) (17.5) (22.1) (6.7)
Stock Repurchased (1,895) (428) (516) (1,011) (348) (798) (344) (104) 0 0 0 0 0 0 0 0 0 (277) (114) (134) 0 (200) 0 0 (321) (479) 0 0 0 (2) (26) (6) (64) (1) 0 0 (13) 0 (2) 0 (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (282) (272) (273) (279) (282) (282) (286) (289) (288) (461) (318) (318) (318) (436) (437) (437) (436) (436) (440) (440) (441) (320) (201) (201) (112) (114) (109) (590) (76) (75) (76) (74) (76) (40) (40) (27) (27) (26) (14) (14) (13) (59) (99) (61) (4) (51) (22.3) (96.7) (16.2) (16.1) (12.1) (12.1) (12.1) (13.8) (7.8) (7.7) (7.7) (5.0) (6.9) (6.9) (6.9) (5) (5.1) (5) (5) 0 0 (4.7) (4.7) (4.7) (19.1) (18.8) (11.9) (11.9) (19.4) (12) (11.9) (10.8) (14.3) (14.3) (14.3) (14.3) (14.3) (14.4) (14.3) (14.3) (14.2) (14.2) (15.3)
Other Financing Activities (141) (3,530) (43) (34) (24) (25) (4) (16) (46) (58) (47) 0 (16) (27) (7) (70) (351) (23) (125) (13) (52) (24) (25) 17 (52) (34) (40) (27) (57) (31) (13) 30 (38) (85) (25) (26) (24) (5) (319) (24) (230) (1) (6) (1) 11 37.1 0 0 0 0 0.0 0.7 (0.7) 0 0.2 4.7 1.4 (0.3) (0.3) 0.5 (1.1) (0.3) (0.2) (0.4) (0.3) (19.4) (5.1) 0 (0.2) (0.3) 0 (0.4) (100.1) 0 (0.4) 0.1 0 (0.2) 0 14.9 0.1 0 0.1 0 0 0 0 0.1 (0.1)
Financing Cash Flow (2,357) (800) (2,833) (1,745) (1,662) (1,207) (789) (658) (299) (538) (381) (334) (350) (479) (460) (522) (895) (595) (697) (1,155) (511) (561) (242) (291) (586) (1,271) 530 (1,893) (143) (109) (115) (52) (179) (116) (641) (55) (52) (556) (467) (40) (738) (122) (156) 509 (32.4) (16.9) 887.0 (125.1) (16.9) (197.9) (26.6) (117.1) (363.5) (22.9) (10.0) (2.1) 61.7 (95.0) 19.0 (56.6) 79.7 (81.7) (137.7) (39.9) 14.4 11.7 (4.4) 12.9 (40) 31.2 4.4 77.4 (52.5) (10.1) (10.8) (3.2) 254.2 (6.9) (4.5) 3.6 (14.1) (12.6) 268.9 82.7 16 (20.2) (27.3) (31.6) (21.7)
Cash Position
Net Change in Cash 1,127 1,875 (547) 1,488 1,080 600 414 255 (719) (164) 364 175 (219) (196) (1,230) (6) (717) 348 54 (935) (22) 716 1,021 93 1,469 (474) 881 (1,697) 150 338 (59) 64 (152) 329 (136) 186 163 657 (803) 441 (321) 354 (318) 276 (73.8) 234.6 894.6 144.7 (105.6) (21.4) 109.5 6.7 (226.2) 362.1 58.5 13.8 29.6 12.0 (3.9) (38.5) 35.3 34.6 (137.7) (111.9) 14.4 11.7 (4.4) 12.9 (40) 31.2 4.4 77.4 (52.5) (10.1) (10.8) (3.2) 254.2 (6.9) (4.5) 3.6 (14.1) (12.6) 268.9 82.7 16 (20.2) (27.3) (31.6) (21.7)
Cash at Beginning 7,684 5,640 6,187 4,730 3,650 3,050 2,636 2,381 3,100 3,264 2,900 2,725 2,944 3,140 4,370 4,376 5,093 4,745 4,691 5,626 5,648 4,932 3,911 3,818 2,349 2,823 1,942 3,639 3,489 3,151 3,210 3,146 3,298 2,969 3,105 2,919 2,756 2,099 2,902 2,461 2,782 741 1,059 783 1,548.6 1,314.0 419.4 274.7 380.3 401.7 292.1 285.4 511.6 149.4 90.5 76.7 47.2 48.3 52.2 90.7 55.3 20.7 158.4 72 79.1 0 0 0 146.2 0 0 0 185.7 0 0 0 59.1 0 0 0 160.6 0 0 0 69.7 0 0 0 291
Cash at End 8,811 7,515 5,640 6,218 4,730 3,650 3,050 2,636 2,381 3,100 3,264 2,900 2,725 2,944 3,140 4,370 4,376 5,093 4,745 4,691 5,626 5,648 4,932 3,911 3,818 2,349 2,823 1,942 3,639 3,489 3,151 3,210 3,146 3,298 2,969 3,105 2,919 2,756 2,099 2,902 2,461 1,095 741 1,059 1,474.8 1,548.6 1,314 419.4 274.7 380.3 401.7 292.1 285.4 511.6 149 90.5 76.7 60.3 48.3 52.2 90.7 55.3 20.7 (39.9) 93.5 11.7 (4.4) 12.9 106.2 31.2 4.4 77.4 133.2 (10.1) (10.8) (3.2) 313.3 (6.9) (4.5) 3.6 146.5 (12.6) 268.9 82.7 85.7 (20.2) (27.3) (31.6) 269.3
Free Cash Flow 3,144 5,848 1,571 1,710 1,205 1,636 771 628 (74) (304) 399 47 (45) 364 (56) 524 257 858 746 580 442 1,288 1,300 384 608 775 363 (81) 346 471 151 141 32 442 491 343 193 332 613 483 225 82 (178) (54) 53.4 160.3 20.0 58.4 (45.0) 54.7 163.3 149.7 37.9 19.3 74.0 0.6 (14.4) 84.5 (7.5) 13.9 39.5 135.4 (43.2) 70.5 18.3 56 46.1 56.6 (1.2) 52.2 (9.7) (108.8) (65) 7.3 (9.4) (23.2) (70.5) (32.8) (46.7) (61.4) (16.2) (55.2) (67.7) (94.4) (47.6) (98.3) (37.2) (29.2) (37.8)
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 7,183 6,571 5,380 5,275 4,871 5,724 4,600 4,311 4,001 3,920 2,493 2,705 2,657 3,148 2,673 3,163 2,965 3,340 2,906 3,036 2,908 3,366 3,124 2,323 2,604 2,963 2,709 2,254 1,800 2,040 1,735 1,668 1,819 1,929 1,871 1,875 1,647 1,795 1,789 2,038 2,032 1,816 2,033 1,908 1,972 2,017 1,746 1,765 1,764 2,169 1,983 1,993 2,177 2,476 2,480 2,229 2,683 2,765 2,744 2,384 2,465 2,548 2,597 2,153 2,242 2,518 2,049 1,602 1,552 1,342 1,392 1,522 1,943 1,322 1,646 1,302 1,256 1,460 1,102 1,310 1,148 1,283 1,164 1,006 961 1,230.0 1,162.7 1,009.2 1,135.4 821.3 747.2 815.0 637.0 445.1 362.4 427.5 490.7 362.0 355.4 358.5
Gross Profit 4,485 3,861 2,598 2,510 2,030 2,558 1,453 1,402 1,090 (315) 398 544 600 (23) 498 785 884 (528) 792 1,085 1,027 1,077 1,177 669 625 708 619 258 438 472 361 333 422 411 409 464 345 266 394 665 629 332 569 613 664 581 243 399 383 335 648 (75) 866 313 1,392 1,227 1,666 1,645 1,632 1,467 1,525 1,863 1,627 1,242 1,324 1,629 1,229 855 758 514 521 704 1,152 780 861 495 412 674 470 629 549 521 521 408 384 449.2 580.0 451.6 560.9 316.2 311.1 300.5 243.4 110.1 102.0 167.8 133.3 174.3 174.8 175.7
Operating Income 4,355 3,688 2,459 2,341 1,865 2,339 1,285 1,233 931 (470) 265 423 489 (161) 345 662 772 (661) 678 976 923 980 960 436 505 556 488 133 347 363 261 230 324 298 308 364 259 180 292 494 489 (46) 319 429 512 324 71 215 211 121 397 (304) 648 911 780 718 1,175 1,058 1,178 905 1,021 1,268 1,226 837 907 1,180 889 473 410 (98) 240 444 872 280 619 253 143 474 232 411 349 297 311 204 167 378.9 335.7 191.3 309.1 212.6 110.2 142.0 102.0 (11.8) (18.1) 53.3 (11.9) 36.5 50.6 65.5
Net Income 3,262 1,301 1,832 2,061 1,891 1,403 922 853 166 (3,150) 158 155 351 (1,488) 213 387 448 (46) 3 650 559 824 839 344 822 565 2,178 (25) 87 2 (145) 292 192 (542) 206 175 46 (321) 219 23 52 (254) 219 72 183 15 213 180 100 (1,166) 398 (2,019) 314 673 367 279 490 (1,028) 493 387 514 812 537 382 546 558 388 306 189 10 191 271 365 (289) 397 (2,062) 68 223 198 161 209 62 126 50 84 190.4 129 37 87 152.5 90.8 82.9 64.8 21.1 (31.6) (37.3) 9.4 (18.7) (16.3) 6.6
EPS (Diluted) 3.00 1.21 1.67 1.85 1.68 1.24 0.80 0.74 0.14 -3.22 0.20 0.20 0.44 -1.86 0.27 0.49 0.56 -0.06 0.00 0.81 0.70 1.02 1.04 0.43 1.02 0.69 2.65 -0.03 0.16 0.00 -0.27 0.55 0.36 -1.01 0.38 0.33 0.09 -0.61 0.41 0.04 0.10 -0.50 0.42 0.14 0.37 0.03 0.43 0.36 0.20 -2.33 0.80 -4.06 0.63 1.35 0.74 0.56 0.97 -2.08 0.98 0.77 1.03 1.65 1.07 0.77 1.11 1.14 0.79 0.62 0.40 0.02 0.42 0.59 0.80 -0.64 0.88 -4.57 0.15 0.49 0.44 0.36 0.46 0.14 0.28 0.11 0.19 0.43 0.29 0.08 0.19 0.34 0.22 0.21 0.16 0.11 -0.16 -0.19 0.06 -0.10 -0.09 0.03
Balance Sheet
Cash & Equivalents 8,778 7,650 5,640 6,185 4,698 3,619 3,016 2,608 2,342 3,002 3,190 2,829 2,657 2,877 3,058 4,307 4,272 4,992 4,636 4,583 5,518 5,540 4,828 3,808 3,709 2,243 2,712 1,827 3,545 3,397 3,068 3,127 3,111 3,259 2,969 3,105 2,919 2,756 2,099 2,902 2,461 3,602 3,364 3,215 544 1,451 1,053 1,474.8 1,548.6 1,314 274.7 380.3 401.7 292.1 90.5 76.7 47.2 60.3 48.3 52.2 90.7 55.3 20.7 81.9 72 79.1 55.4 54.1 64.5 146.2 108.2 114.2 100.8 185.7 187.1 214.7 241.6 59.1 111 163.7 110.5 160.6 239.8 31 37.5 69.8 170 227.8 227.4
Total Assets 57,670 57,121 54,690 55,165 55,519 56,349 56,175 55,678 55,335 55,506 38,084 38,133 38,374 38,482 39,143 39,690 39,913 40,564 39,865 40,677 41,063 41,369 40,551 39,885 39,699 39,974 40,763 36,987 20,880 20,715 20,559 20,655 20,483 20,646 20,836 21,142 20,969 21,031 24,081 24,703 24,553 22,769 22,645 22,299 18,111 17,025 14,984 12,607.5 12,812.0 11,050 10,151.6 10,168.6 10,154.5 9,674.0 3,977.3 3,913.5 3,819.6 3,510.7 3,464.4 3,416.0 3,437.8 3,383.4 3,283.2 3,215 3,208.6 3,186.8 3,505.3 3,514.1 3,524.2 3,614 3,511.8 3,471.3 2,219.8 2,081.1 2,079.6 2,059.6 2,031.1 1,773.8 1,780.1 1,748.9 1,635.8 1,656.7 1,624.4 1,326.6 1,228.3 1,186.4 1,202.8 1,199.1 1,196.6
Total Debt 5,532 5,712 5,651 7,607 7,986 8,972 9,099 9,225 9,468 9,436 6,087 6,111 6,119 6,132 6,127 6,173 6,210 6,302 6,242 6,261 6,809 6,702 6,787 6,803 6,872 6,909 7,565 6,917 4,420 4,261 4,190 4,121 4,095 4,065 4,050 4,623 4,621 4,615 5,116 5,571 5,704 4,575 4,574 4,809 3,031 2,972 3,033 1,755.9 1,907.8 1,078 1,453.6 1,659.9 1,816 1,826.4 1,281.5 1,280.6 1,213.3 1,209 1,093.6 1,069.2 1,122.5 1,037.5 1,101.6 1,233.8 1,268.4 1,248.7 1,231.7 1,231 1,207.6 1,248.5 1,213.3 1,198.2 647.9 1,105.1 646.8 645.7 642.4 637.9 632.5 624.4 609.3 609.3 609.3 330.2 235.2 207.7 230.4 247.9 269.9
Stockholders' Equity 34,926 33,867 33,226 32,112 31,248 29,928 29,712 29,379 28,890 29,027 19,074 19,225 19,377 19,354 21,219 21,421 21,449 22,022 22,712 23,239 23,127 23,008 22,661 22,004 21,806 21,420 21,430 19,354 10,499 10,502 10,597 10,813 10,575 10,535 11,138 10,928 10,755 10,721 11,102 11,423 11,349 11,515 11,350 10,703 9,263 8,771 7,629 7,495.0 7,472.6 7,385 5,800.8 5,573.2 5,419.2 5,375.1 1,459.6 1,434.0 1,458.0 1,466.4 1,458.8 1,439.7 1,457.7 1,451.7 1,409.4 1,456.4 1,453 1,439.5 1,641.9 1,639 1,617.8 1,591.1 1,556.2 1,522 1,033.6 1,024.9 1,020.2 996.7 983.8 742.9 744.1 731.5 675.2 673.5 668.7 658.9 654 629.9 611.6 595.7 565.7
Cash Flow
Operating Cash Flow 3,785 3,621 2,298 2,384 2,031 2,511 1,648 1,428 776 616 1,003 663 481 1,010 473 1,043 694 1,299 1,144 995 841 1,686 1,596 664 936 1,205 791 299 571 740 425 399 263 751 685 526 373 633 854 777 522 437 136 188 238.9 328.2 154.6 209.5 89.0 136.0 225.2 247.1 125.5 72.6 146.7 109.1 106.7 222.3 96.0 103.2 86.9 196.8 39.1 110.8 55.3 96.7 106.2 115.8 54.8 167 104.1 22.3 (9.6) 51.8 37 43.9 2.7 44.4 30.1 23.2 54.5 35.8 45.1 9 47.2 (13.4) 20.3 13.4 12.5
Capital Expenditure (641) 2,227 (727) (674) (826) (875) (877) (800) (850) (920) (604) (616) (526) (646) (529) (519) (437) (441) (398) (415) (399) (398) (296) (280) (328) (430) (428) (380) (225) (269) (274) (258) (231) (309) (194) (183) (180) (301) (241) (294) (297) (355) (314) (242) (185.5) (167.9) (134.6) (151.1) (134.0) (81.3) (61.9) (97.4) (87.5) (53.3) (72.6) (108.5) (121.1) (137.8) (103.5) (89.3) (47.4) (61.4) (82.3) (40.3) (37) (40.7) (60.1) (59.2) (56) (114.8) (113.8) (131.1) (55.4) (44.5) (46.4) (67.1) (73.2) (77.2) (76.8) (84.6) (70.7) (91) (112.8) (103.4) (94.8) (84.9) (57.5) (42.6) (50.3)
Free Cash Flow 3,144 5,848 1,571 1,710 1,205 1,636 771 628 (74) (304) 399 47 (45) 364 (56) 524 257 858 746 580 442 1,288 1,300 384 608 775 363 (81) 346 471 151 141 32 442 491 343 193 332 613 483 225 82 (178) (54) 53.4 160.3 20.0 58.4 (45.0) 54.7 163.3 149.7 37.9 19.3 74.0 0.6 (14.4) 84.5 (7.5) 13.9 39.5 135.4 (43.2) 70.5 18.3 56 46.1 56.6 (1.2) 52.2 (9.7) (108.8) (65) 7.3 (9.4) (23.2) (70.5) (32.8) (46.7) (61.4) (16.2) (55.2) (67.7) (94.4) (47.6) (98.3) (37.2) (29.2) (37.8)