NI - NiSource Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$50.17
DETAILS
HIGH:
$52.00
LOW:
$48.00
MEDIAN:
$50.50
CONSENSUS:
$50.17
UPSIDE:
4.85%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 6,642.2 | 5,455.1 | 5,505.4 | 5,850.6 | 4,899.6 | 4,681.7 | 5,208.9 | 5,114.5 | 4,874.6 | 4,492.5 | 4,651.8 | 6,470.6 | 5,657.3 | 5,061.2 | 6,019.1 | 6,422 | 6,649.4 | 8,874.2 | 7,939.8 | 7,490 | 7,899.1 | 6,666.2 | 6,246.6 | 6,492.3 | 9,458.7 | 6,030.7 | 3,144.6 | 2,932.8 | 2,586.5 | 1,821.6 | 1,722.3 | 1,676.4 | 1,677.9 |
| Cost of Revenue | 2,752 | 2,647.4 | 3,028.2 | 3,599.9 | 2,848.3 | 2,695.2 | 2,889.5 | 4,114.2 | 3,120.4 | 2,836 | 3,069.8 | 3,740.2 | 3,217.4 | 3,177.2 | 4,005.6 | 4,610.4 | 3,318 | 5,633.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,651.1 | 1,021.4 | 771.1 | 770.8 | 685.1 | 683.1 | 0 |
| Gross Profit | 3,890.2 | 2,807.7 | 2,477.2 | 2,250.7 | 2,051.3 | 1,986.5 | 2,319.4 | 1,000.3 | 1,754.2 | 1,656.5 | 1,582 | 1,532.2 | 1,408 | 1,853.7 | 1,745.4 | 1,760.8 | 3,332.6 | 3,246.9 | 0 | 7,490 | 7,899.1 | 0 | 6,246.6 | 0 | 0 | 6,030.7 | 1,493.5 | 1,911.4 | 1,815.4 | 1,217.1 | 1,084.2 | 993.3 | 0 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.3 | 30.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 1,710.2 | 13.5 | 24 | (27.6) | (35.5) | (9.3) | 16.5 | (18) | 10.6 | 7.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Expenses | 344.1 | 1,338.7 | 1,157.7 | 1,012.5 | 1,079.9 | 1,445 | 1,014.2 | 874.4 | 827.5 | 791.4 | 780.5 | 740.1 | 708.8 | 849.6 | 828.8 | 882 | 2,527.9 | 2,332.6 | 6,994.2 | 6,491 | 7,052 | 5,586.4 | 5,144.6 | 4,195.1 | 8,449.8 | 5,462.9 | 2,835.6 | 2,441.2 | 1,409.7 | 835.6 | 706.7 | 638.4 | 0 |
| Operating Expenses | 2,054.3 | 1,352.2 | 1,181.7 | 984.9 | 1,044.4 | 1,435.7 | 1,030.7 | 856.4 | 838.1 | 799.3 | 780.5 | 740.1 | 708.8 | 849.6 | 828.8 | 882 | 2,527.9 | 2,332.6 | 6,994.2 | 6,491 | 7,052 | 5,586.4 | 5,144.6 | 4,195.1 | 8,449.8 | 5,462.9 | 2,835.6 | 2,441.2 | 1,409.7 | 835.6 | 706.7 | 638.4 | 0 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 1,835.3 | 1,455.5 | 1,295.5 | 1,265.8 | 1,006.9 | 550.8 | 890.7 | 124.7 | 921.2 | 866.1 | 799.9 | 789.1 | 698.1 | 1,040.1 | 914.4 | 891.8 | 801 | 919 | 866.7 | 927.4 | 843.8 | 1,070.8 | 1,097.4 | 1,124.7 | 1,008.9 | 567.8 | 437.9 | 402.7 | 405.7 | 381.5 | 377.5 | 354.9 | 1,677.9 |
| Interest Expense | 639 | 517.2 | 489.6 | 360.5 | 341.1 | 371 | 378.9 | 353.3 | 353.2 | 349.5 | 380.2 | 443.6 | 413.2 | 0 | 376.8 | 392.3 | 399 | 380.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 10.2 | 10.4 | 9 | 4.3 | 4 | 5.5 | 7.7 | 6.6 | 4.6 | 3.4 | 0.8 | 3.8 | 3.6 | 417 | 4.4 | 0 | 6.8 | 15.5 | 0 | 8.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 3,003.5 | 2,569.1 | 2,223.3 | 2,149.4 | 1,798.4 | 1,065.6 | 1,603.3 | 741.6 | 1,384 | 1,424.2 | 1,247.3 | 1,286.4 | 1,168.5 | 1,591 | 1,392.4 | 1,399.8 | 1,374.1 | 1,510.9 | 1,406.9 | 1,484.3 | 1,405.5 | 1,601 | 1,613.3 | 1,698.7 | 1,680.6 | 942 | 732.9 | 659.2 | 655.5 | 615.5 | 584.5 | 549.2 | 1,677.9 |
| EBIT | 1,835.9 | 1,525.9 | 1,315.1 | 1,328.6 | 1,050 | 339.7 | 885.9 | 142 | 813.7 | 877.1 | 722.9 | 799.5 | 698.1 | 1,029.1 | 856.7 | 805 | 784.8 | 943.9 | 866.7 | 927.4 | 843.8 | 1,070.8 | 1,097.4 | 1,124.7 | 1,008.9 | 567.8 | 437.9 | 402.7 | 405.7 | 381.5 | 377.5 | 354.9 | 1,677.9 |
| Income Before Tax | 1,216.4 | 1,002.8 | 813.9 | 956.4 | 706.6 | (31.3) | 506.6 | (230.6) | 443.1 | 510.2 | 339.9 | 841.1 | 752.8 | 626.1 | 467.1 | 436.1 | 397 | 555.2 | 484.1 | 484.3 | 433 | 671.1 | 659.9 | 659.6 | 395.3 | 277.2 | 250.8 | 294.8 | 295.8 | 287.7 | 283.9 | 261.7 | 0 |
| Income Tax Expense | 203.8 | 158.1 | 139.5 | 164.6 | 117.8 | (17.1) | 123.5 | (180) | 314.5 | 182.1 | 141.3 | 310.4 | 261.9 | 215.5 | 163.3 | 141.5 | 165.8 | 185.4 | 172.1 | 170.8 | 149.4 | 240.9 | 234.2 | 233.9 | 183.2 | 130.1 | 90.4 | 100.9 | 105 | 111 | 108.4 | 97.7 | (156.1) |
| Net Income | 929.5 | 760.4 | 714.3 | 804.1 | 584.9 | (17.6) | 383.1 | (50.6) | 128.5 | 331.5 | 286.5 | 530 | 532.1 | 416.1 | 299.1 | 292 | 217.7 | 79 | 321.4 | 282.2 | 306.5 | 436.3 | 85.7 | 372.5 | 216.2 | 156.9 | 160.4 | 193.9 | 190.8 | 176.7 | 175.5 | 164 | 156.1 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 1.96 | 1.63 | 1.59 | 1.84 | 1.35 | -0.19 | 0.88 | -0.18 | 0.39 | 1.03 | 0.90 | 1.68 | 1.70 | 1.43 | 1.06 | 1.05 | 0.79 | 0.29 | 1.17 | 1.04 | 1.13 | 1.65 | 0.33 | 1.77 | 1.05 | 1.12 | 1.29 | 1.60 | 1.54 | 1.44 | 1.36 | 1.24 | 1.15 |
| EPS (Diluted) | 1.95 | 1.62 | 1.48 | 1.70 | 1.27 | -0.19 | 0.87 | -0.18 | 0.39 | 1.02 | 0.90 | 1.67 | 1.70 | 1.39 | 1.03 | 1.04 | 0.79 | 0.29 | 1.17 | 1.03 | 1.12 | 1.64 | 0.33 | 1.75 | 1.03 | 1.11 | 1.27 | 1.59 | 1.53 | 1.43 | 1.35 | 1.23 | 1.15 |
| Shares Outstanding | 472.9 | 454.2 | 416.1 | 407.1 | 393.6 | 384.3 | 374.6 | 356.5 | 329.4 | 321.8 | 317.7 | 315.1 | 312.4 | 291.9 | 280.4 | 277.8 | 275.1 | 274 | 273.8 | 272.6 | 271.3 | 263.7 | 258.2 | 210.5 | 205.9 | 121.7 | 124.3 | 121.2 | 123.9 | 122.6 | 126.8 | 129.8 | 133.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||
| Cash & Cash Equivalents | 135.7 | 156.6 | 2,245.4 | 40.8 | 84.2 | 116.5 | 139.3 | 112.8 | 29 | 26.4 | 16.4 | 20.6 | 30.1 | 27.3 | 54.3 | 127.9 | 193 | 43.5 | 60.8 | 30.8 | 26.3 | 28.5 | 40.4 |
| 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 |
| Net Receivables | 1,263.5 | 1,009.9 | 928 | 1,170 | 925.2 | 825.4 | 905.4 | 1,146.9 | 944.7 | 852.4 | 906 | 1,537 | 1,352.5 | 940.5 | 850.7 | 1,134.6 | 1,513.7 | 397.6 | 293.8 | 338.8 | 165.4 | 120.4 | 86.3 |
| Inventory | 449.5 | 389.1 | 503.2 | 751.9 | 498.7 | 401.1 | 424.7 | 422.5 | 471.1 | 494.4 | 587.2 | 850.9 | 100 | 100.5 | 510.1 | 231.9 | 802.9 | 160.3 | 164.8 | 140.3 | 151.5 | 140.2 | 162.5 |
| Other Current Assets | 379.2 | 386.1 | 368.6 | 477.8 | 217.7 | 230.4 | 314.3 | 243.7 | 176.3 | 258.3 | 587.7 | 752.9 | 197.2 | 994.6 | 418.8 | 1,072.3 | 2,408 | 170.2 | 87.5 | 120.8 | 167.9 | 27.5 | 38.7 |
| Total Current Assets | 2,377.2 | 2,080.2 | 4,499.4 | 2,584.3 | 1,920.8 | 1,659.4 | 1,853.9 | 2,055.4 | 1,763.3 | 1,762.1 | 2,223.6 | 3,410.8 | 2,285.6 | 2,062.9 | 1,868.5 | 2,566.7 | 4,917.6 | 771.6 | 606.9 | 630.7 | 511.1 | 316.6 | 327.9 |
| Non-Current Assets | |||||||||||||||||||||||
| Property, Plant & Equipment | 28,714 | 25,453.9 | 22,274.9 | 19,842.6 | 17,881.8 | 16,619.5 | 16,912.2 | 15,542.5 | 14,359.5 | 13,068 | 10,683.9 | 10,388.1 | 9,384.7 | 9,304.9 | 10,068 | 9,554.7 | 9,546.7 | 5,230.4 | 3,748.7 | 3,752.2 | 3,444.9 | 3,437.1 | 3,395 |
| Goodwill | 1,485.9 | 1,485.9 | 1,485.9 | 1,485.9 | 1,485.9 | 1,485.9 | 1,485.9 | 1,690.7 | 1,690.7 | 1,690.7 | 3,677.3 | 3,677.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 220.7 | 231.7 | 242.7 | 319.6 | 330.6 | 1,352.5 | 940.5 | 850.7 | 1,134.6 | 1,513.7 | 397.6 | 293.8 | 338.8 | 0 | 0 | 0 |
| Long-Term Investments | 281.9 | 178.7 | 247.1 | 224.2 | 259.7 | 252 | 230.2 | 206.1 | 209.6 | 199.9 | 295 | 250.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2,999.7 | 2,589.4 | 2,569.9 | 2,599.6 | 2,608.7 | 2,023.7 | 2,177.6 | 2,088.6 | 1,706.9 | 1,728.5 | 2,068.2 | 1,974.9 | 1,122 | 1,056.3 | 2,610.8 | 1,514.8 | 1,628.9 | 900.3 | 565.9 | 485.9 | 320.8 | 245.8 | 210.9 |
| Total Non-Current Assets | 34,174.8 | 29,707.9 | 26,577.8 | 24,152.3 | 22,236.1 | 20,381.1 | 20,805.9 | 19,748.6 | 18,198.4 | 16,929.8 | 17,048.1 | 16,621.4 | 14,702.4 | 14,560.9 | 15,028.4 | 14,807.4 | 14,779.2 | 6,063.6 | 4,379.6 | 4,306.3 | 3,763.2 | 3,682.9 | 3,616.6 |
| Total Assets | 36,552 | 31,788.1 | 31,077.2 | 26,736.6 | 24,156.9 | 22,040.5 | 22,659.8 | 21,804 | 19,961.7 | 18,691.9 | 19,271.7 | 20,032.2 | 16,988 | 16,623.8 | 16,896.9 | 17,374.1 | 19,696.8 | 6,835.2 | 4,986.5 | 4,937 | 4,274.3 | 3,999.5 | 3,944.5 |
| Current Liabilities | |||||||||||||||||||||||
| Account Payables | 1,249.9 | 863.1 | 749.4 | 899.5 | 697.8 | 589 | 666 | 883.8 | 625.6 | 539.4 | 502.3 | 693.9 | 648.4 | 496.6 | 489.4 | 646.6 | 1,117.1 | 255.8 | 251.4 | 226.8 | 251.7 | 151.7 | 158.7 |
| Short-Term Debt | 765.4 | 1,885.8 | 3,072.4 | 1,791.9 | 590 | 526.3 | 1,786.6 | 2,027.2 | 1,490 | 1,851.1 | 103 | 1,632.8 | 1,607.5 | 803.8 | 2,138 | 2,252.5 | 2,561.5 | 824.8 | 417.8 | 267.3 | 573.9 | 360.1 | 340.8 |
| Deferred Revenue | 0 | 268.8 | 294.4 | 324.7 | 237.9 | 243.3 | 256.4 | 238.9 | 262.6 | 264.1 | 328.5 | 14.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1,195.3 | 503.3 | 578.7 | 752.2 | 320.1 | 303.1 | 329.1 | 309.5 | 329.4 | 332.3 | 624.6 | 1,014.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | (0.1) | (0.1) | (0.1) | 0 |
| Total Current Liabilities | 3,457.4 | 4,113.4 | 5,265.1 | 4,660.5 | 2,746.2 | 2,279.4 | 3,745.8 | 4,036.8 | 3,178.4 | 3,452.2 | 3,111.2 | 4,583.4 | 3,602.2 | 2,609 | 4,177.4 | 4,728.6 | 6,893.4 | 1,473.7 | 886.1 | 750.3 | 1,022.2 | 669.2 | 641 |
| Non-Current Liabilities | |||||||||||||||||||||||
| Long-Term Debt | 15,220.7 | 11,851.2 | 11,055.5 | 9,523.6 | 9,183.4 | 9,219.8 | 7,668.1 | 7,105.4 | 7,512.2 | 6,058.2 | 5,969.1 | 5,943.9 | 4,835.9 | 5,993.4 | 4,849.5 | 5,780.8 | 5,802.7 | 1,775.8 | 1,668 | 1,667.9 | 1,127.1 | 1,175.7 | 1,180.3 |
| Deferred Tax Liabilities | 3,193.4 | 2,281.6 | 2,080.4 | 1,854.5 | 1,659.4 | 1,470.6 | 1,495 | 1,341.7 | 1,305.3 | 2,541.4 | 39.6 | 1,595.9 | 1,744.3 | 1,683.2 | 1,958 | 1,831.5 | 1,920.5 | 1,091.1 | 765.4 | 757.3 | 711 | 712.6 | 698.5 |
| Other Non-Current Liabilities | 2,749.1 | 2,632.1 | 2,539.9 | 2,619.6 | 3,109.6 | 3,031.3 | 3,534.2 | 3,569.2 | 3,645.7 | 2,568.9 | 3,232.6 | (7,546) | (6,580.2) | (7,669.9) | (6,457.1) | (7,612.3) | (7,723.2) | (2,828.7) | (2,433.4) | (2,425.2) | (1,838.1) | (1,888.3) | (1,885.4) |
| Total Non-Current Liabilities | 21,434.7 | 17,006.4 | 15,675.8 | 14,174.3 | 14,137.8 | 13,923.3 | 12,927.3 | 12,016.3 | 12,463.2 | 11,168.5 | 11,306.4 | 10,720 | 8,518 | 9,518 | 8,460 | 9,087 | 16,519.4 | 3,066.3 | 2,433.4 | 2,425.2 | 1,838.1 | 1,888.3 | 1,878.8 |
| Total Liabilities | 24,892.1 | 21,119.8 | 20,940.9 | 18,834.8 | 16,884 | 16,202.7 | 16,673.1 | 16,053.1 | 15,641.6 | 14,620.7 | 14,417.6 | 15,303.4 | 12,119.8 | 12,126.8 | 12,637.1 | 13,816.1 | 16,148.9 | 5,342.1 | 3,694.8 | 3,527.7 | 3,031.5 | 2,697.3 | 2,649.2 |
| Stockholders' Equity | |||||||||||||||||||||||
| Common Stock | 4.8 | 4.7 | 4.5 | 4.2 | 4.1 | 3.9 | 3.8 | 3.8 | 3.4 | 3.3 | 2.8 | 2.7 | 2.7 | 2.6 | 2.5 | 2.1 | 2 | 870.9 | 870.9 | 870.9 | 870.9 | 870.9 | 870.9 |
| Retained Earnings | (315.2) | (711.7) | (967) | (1,213.6) | (1,580.9) | (1,765.2) | (1,370.8) | (1,399.3) | (1,073.1) | (972.2) | 865.5 | 901.1 | 925.4 | 731.3 | 930.9 | 792.7 | 829.8 | 774.4 | 744.3 | 667.8 | 591.4 | 518.8 | 446.9 |
| Accumulated Other Comprehensive Income | (6.2) | (30.4) | (33.6) | (37.1) | (126.8) | (156.7) | (92.6) | (37.2) | (43.4) | (25.1) | (45.9) | (172) | (65) | (74.6) | (141.1) | 63 | (1.7) | 6.3 | (0.7) | 0.2 | (1.6) | (6.5) | (2.5) |
| Total Stockholders' Equity | 9,450.1 | 8,684.2 | 8,269.6 | 7,575.4 | 6,947.3 | 5,752.2 | 5,986.7 | 5,750.9 | 4,320.1 | 4,071.2 | 4,854.1 | 4,728.8 | 4,868.2 | 4,497 | 4,259.8 | 3,558 | 3,547.9 | 1,493.1 | 1,291.7 | 1,409.3 | 1,242.8 | 1,302.2 | 1,295.3 |
| Total Liabilities & Equity | 36,552 | 31,788.1 | 31,077.2 | 26,736.6 | 24,156.9 | 22,040.5 | 22,659.8 | 21,804 | 19,961.7 | 18,691.9 | 19,271.7 | 20,032.2 | 16,988 | 16,623.8 | 16,896.9 | 17,374.1 | 19,696.8 | 6,835.2 | 4,986.5 | 4,937 | 4,274.3 | 3,999.5 | 3,944.5 |
| Debt Metrics | |||||||||||||||||||||||
| Total Debt | 16,240.4 | 13,960.3 | 14,127.9 | 11,526.9 | 9,993.6 | 9,947.7 | 9,694.4 | 9,132.6 | 9,002.2 | 7,909.3 | 6,791.8 | 7,576.7 | 6,443.4 | 6,797.2 | 6,987.5 | 8,033.3 | 8,364.2 | 2,600.6 | 2,085.8 | 1,935.2 | 1,701 | 1,535.8 | 1,521.1 |
| Net Debt | 16,104.7 | 13,803.7 | 11,882.5 | 11,486.1 | 9,909.4 | 9,831.2 | 9,555.1 | 9,019.8 | 8,973.2 | 7,882.9 | 6,775.4 | 7,556.1 | 6,413.9 | 6,769.9 | 6,932.2 | 7,905.4 | 8,171.2 | 2,559.1 | 2,025 | 1,904.4 | 1,674.7 | 1,507.3 | 1,480.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||
| Net Income | 926.9 | 760.4 | 674.4 | 791.8 | 588.8 | (14.2) | 383.1 | (50.6) | 128.6 | 328.1 | 306.5 | 436.3 | 85.2 | 372.5 | 216.2 | 156.9 | 160.4 | 193.9 | 190.8 | 176.7 | 175.5 | 164 |
| Depreciation & Amortization | 1,167.6 | 1,043.2 | 908.2 | 820.8 | 748.4 | 725.9 | 717.4 | 599.6 | 570.3 | 547.1 | 0 | 0 | 0 | 0 | 0 | 374.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 32.1 | 23.9 | 24.9 | 24.3 | 17.4 | 25.9 | 28.6 | 40.1 | 46.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (56.4) | (195.6) | 199.9 | (285.4) | (260.4) | (249.1) | (75.1) | 110.2 | (416.4) | (292.1) | (182) | (0.4) | (396.4) | 165.6 | 695.3 | (480.6) | 6.9 | 77.5 | (65.5) | (64.2) | (10.2) | (20.7) |
| Other Non-Cash Items | 88.4 | (26.6) | (5.4) | (99.6) | 4.9 | 653 | 413.8 | 40.5 | 112.9 | (8.6) | 604.5 | 489.4 | 706.2 | 520.2 | 174.2 | (92.1) | 293.6 | 234.6 | 304.7 | 181.1 | 228.9 | 204.6 |
| Operating Cash Flow | 2,362.3 | 1,781.5 | 1,935.1 | 1,409.4 | 1,217.9 | 1,104 | 1,583.3 | 540.1 | 742.2 | 803.3 | 712.3 | 1,022.8 | 472.9 | 1,172.4 | 1,042.6 | (6.9) | 453 | 484.1 | 428.5 | 321 | 391.5 | 336.4 |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditure | (2,782.3) | (2,643) | (2,645.8) | (2,203.1) | (1,838) | (1,758.1) | (1,802.4) | (1,818.2) | (1,695.8) | (1,475.2) | (590.4) | (517) | (574.6) | (621.9) | (668.1) | (365.6) | (1,079.2) | (245.8) | (218.9) | (203.1) | (189.8) | (200.6) |
| Acquisitions | 231.4 | 0 | 0 | 21.2 | 1,838 | 1,758.1 | 1,802.4 | 1,818.2 | 1,695.8 | 0 | 0 | 0 | 0 | 0 | 0 | (5,654.5) | 0 | 0 | (288.9) | (4.8) | (3.2) | (2) |
| Purchases of Investments | (93.9) | (17.8) | (42.8) | (73.5) | (102.9) | (144.7) | (140.4) | (90) | (168.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 39.3 | 93.2 | 39.9 | 75.7 | 97.8 | 131.4 | 132.1 | 82.3 | 163.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (1,687.2) | (645.4) | (922.9) | (390.5) | (2,199.8) | (865.8) | (1,914.1) | (1,918.4) | (1,803.2) | (107.7) | 18.3 | (2.1) | 568.9 | 419.2 | 220.9 | 544.4 | (31.2) | (45.1) | 16.5 | (27.2) | (51.7) | (11.5) |
| Investing Cash Flow | (4,292.7) | (3,213) | (3,571.6) | (2,570.2) | (2,204.9) | (879.1) | (1,922.4) | (1,926.1) | (1,808.5) | (1,582.9) | (572.1) | (519.1) | (5.7) | (202.7) | (447.2) | (5,475.7) | (1,110.4) | (290.9) | (491.3) | (235.1) | (244.7) | (214.1) |
| Financing Activities | ||||||||||||||||||||||
| Net Debt Issuance | 2,174.6 | (240.1) | 2,742 | 1,487.5 | 31.3 | 81.9 | 494.4 | 75.4 | 1,112.6 | 986 | 111.6 | (414.5) | (193) | (1,473.3) | (435.5) | 3,796.6 | 217.3 | 148.8 | 96.3 | 152.8 | 11.6 | 65.6 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (4) | (7.2) | (9.4) | (1.6) | (4.1) | (348.7) | (53.6) | (1.1) | (72.8) | (128.9) | (206.4) | (135.5) | (143.1) | (76.3) | (68.9) |
| Dividends Paid | (530.4) | (489.2) | (457.3) | (436.6) | (400.3) | (376.7) | (354.6) | (284.9) | (229.1) | (205.5) | (250.3) | (243.1) | (284) | (241.5) | (239) | (131.8) | (125.6) | (116.4) | (111.6) | (104) | (102.1) | (96.7) |
| Other Financing Activities | (88.8) | (34.2) | 1,944.7 | (63.9) | 185.8 | (164.3) | (17.8) | (46) | (144.3) | (3.7) | 0 | 0 | 0 | 0 | 0 | 0 | 335.2 | 0.4 | (0.5) | 0.5 | 0.7 | (0.1) |
| Financing Cash Flow | 1,867.5 | (651) | 3,842.2 | 1,141.3 | 956.3 | (247.7) | 366.4 | 1,468.7 | 1,068.7 | 790.5 | (100.3) | (500.9) | (471) | (1,033.5) | (660.5) | 5,634.1 | 640.1 | (163.2) | 67.3 | (88.1) | (158.7) | (98) |
| Cash Position | ||||||||||||||||||||||
| Net Change in Cash | (62.9) | (2,082.5) | 2,205.7 | (19.5) | (30.7) | (22.8) | 27.3 | 82.7 | 2.4 | 10.9 | 39.9 | 2.8 | (3.8) | (63.8) | (65.1) | 151.5 | (17.3) | 30 | 4.5 | (2.2) | (11.9) | 24.3 |
| Cash at Beginning | 198.6 | 2,281.1 | 75.4 | 94.9 | 125.6 | 148.4 | 121.1 | 38.4 | 36 | 15.5 | 29.5 | 27.3 | 31.1 | 118.1 | 193 | 41.5 | 60.8 | 30.8 | 26.3 | 28.5 | 40.4 | 16.1 |
| Cash at End | 135.7 | 198.6 | 2,281.1 | 75.4 | 94.9 | 125.6 | 148.4 | 121.1 | 38.4 | 26.4 | 69.4 | 30.1 | 27.3 | 54.3 | 127.9 | 193 | 43.5 | 60.8 | 30.8 | 26.3 | 28.5 | 40.4 |
| Free Cash Flow | (420) | (861.5) | (710.7) | (793.7) | (620.1) | (654.1) | (219.1) | (1,278.1) | (953.6) | (671.9) | 121.9 | 505.8 | (101.7) | 550.5 | 374.5 | (372.5) | (626.2) | 238.3 | 209.6 | 117.9 | 201.7 | 135.8 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 6,642.2 | 5,455.1 | 5,505.4 | 5,850.6 | 4,899.6 | 4,681.7 | 5,208.9 | 5,114.5 | 4,874.6 | 4,492.5 | 4,651.8 | 6,470.6 | 5,657.3 | 5,061.2 | 6,019.1 | 6,422 | 6,649.4 | 8,874.2 | 7,939.8 | 7,490 | 7,899.1 | 6,666.2 | 6,246.6 | 6,492.3 | 9,458.7 | 6,030.7 | 3,144.6 | 2,932.8 | 2,586.5 | 1,821.6 | 1,722.3 | 1,676.4 | 1,677.9 |
| Gross Profit | 3,890.2 | 2,807.7 | 2,477.2 | 2,250.7 | 2,051.3 | 1,986.5 | 2,319.4 | 1,000.3 | 1,754.2 | 1,656.5 | 1,582 | 1,532.2 | 1,408 | 1,853.7 | 1,745.4 | 1,760.8 | 3,332.6 | 3,246.9 | 0 | 7,490 | 7,899.1 | 0 | 6,246.6 | 0 | 0 | 6,030.7 | 1,493.5 | 1,911.4 | 1,815.4 | 1,217.1 | 1,084.2 | 993.3 | 0 |
| Operating Income | 1,835.3 | 1,455.5 | 1,295.5 | 1,265.8 | 1,006.9 | 550.8 | 890.7 | 124.7 | 921.2 | 866.1 | 799.9 | 789.1 | 698.1 | 1,040.1 | 914.4 | 891.8 | 801 | 919 | 866.7 | 927.4 | 843.8 | 1,070.8 | 1,097.4 | 1,124.7 | 1,008.9 | 567.8 | 437.9 | 402.7 | 405.7 | 381.5 | 377.5 | 354.9 | 1,677.9 |
| Net Income | 929.5 | 760.4 | 714.3 | 804.1 | 584.9 | (17.6) | 383.1 | (50.6) | 128.5 | 331.5 | 286.5 | 530 | 532.1 | 416.1 | 299.1 | 292 | 217.7 | 79 | 321.4 | 282.2 | 306.5 | 436.3 | 85.7 | 372.5 | 216.2 | 156.9 | 160.4 | 193.9 | 190.8 | 176.7 | 175.5 | 164 | 156.1 |
| EPS (Diluted) | 1.95 | 1.62 | 1.48 | 1.70 | 1.27 | -0.19 | 0.87 | -0.18 | 0.39 | 1.02 | 0.90 | 1.67 | 1.70 | 1.39 | 1.03 | 1.04 | 0.79 | 0.29 | 1.17 | 1.03 | 1.12 | 1.64 | 0.33 | 1.75 | 1.03 | 1.11 | 1.27 | 1.59 | 1.53 | 1.43 | 1.35 | 1.23 | 1.15 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 135.7 | 156.6 | 2,245.4 | 40.8 | 84.2 | 116.5 | 139.3 | 112.8 | 29 | 26.4 | 16.4 | 20.6 | 30.1 | 27.3 | 54.3 | 127.9 | 193 | 43.5 | 60.8 | 30.8 | 26.3 | 28.5 | 40.4 | ||||||||||
| Total Assets | 36,552 | 31,788.1 | 31,077.2 | 26,736.6 | 24,156.9 | 22,040.5 | 22,659.8 | 21,804 | 19,961.7 | 18,691.9 | 19,271.7 | 20,032.2 | 16,988 | 16,623.8 | 16,896.9 | 17,374.1 | 19,696.8 | 6,835.2 | 4,986.5 | 4,937 | 4,274.3 | 3,999.5 | 3,944.5 | ||||||||||
| Total Debt | 16,240.4 | 13,960.3 | 14,127.9 | 11,526.9 | 9,993.6 | 9,947.7 | 9,694.4 | 9,132.6 | 9,002.2 | 7,909.3 | 6,791.8 | 7,576.7 | 6,443.4 | 6,797.2 | 6,987.5 | 8,033.3 | 8,364.2 | 2,600.6 | 2,085.8 | 1,935.2 | 1,701 | 1,535.8 | 1,521.1 | ||||||||||
| Stockholders' Equity | 9,450.1 | 8,684.2 | 8,269.6 | 7,575.4 | 6,947.3 | 5,752.2 | 5,986.7 | 5,750.9 | 4,320.1 | 4,071.2 | 4,854.1 | 4,728.8 | 4,868.2 | 4,497 | 4,259.8 | 3,558 | 3,547.9 | 1,493.1 | 1,291.7 | 1,409.3 | 1,242.8 | 1,302.2 | 1,295.3 | ||||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 2,362.3 | 1,781.5 | 1,935.1 | 1,409.4 | 1,217.9 | 1,104 | 1,583.3 | 540.1 | 742.2 | 803.3 | 712.3 | 1,022.8 | 472.9 | 1,172.4 | 1,042.6 | (6.9) | 453 | 484.1 | 428.5 | 321 | 391.5 | 336.4 | |||||||||||
| Capital Expenditure | (2,782.3) | (2,643) | (2,645.8) | (2,203.1) | (1,838) | (1,758.1) | (1,802.4) | (1,818.2) | (1,695.8) | (1,475.2) | (590.4) | (517) | (574.6) | (621.9) | (668.1) | (365.6) | (1,079.2) | (245.8) | (218.9) | (203.1) | (189.8) | (200.6) | |||||||||||
| Free Cash Flow | (420) | (861.5) | (710.7) | (793.7) | (620.1) | (654.1) | (219.1) | (1,278.1) | (953.6) | (671.9) | 121.9 | 505.8 | (101.7) | 550.5 | 374.5 | (372.5) | (626.2) | 238.3 | 209.6 | 117.9 | 201.7 | 135.8 | |||||||||||