Nokia Oyj logo NOK - Nokia Oyj

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 32
HOLD 15
SELL 5
STRONG
SELL
0
| PRICE TARGET: $14.00 DETAILS
HIGH: $15.00
LOW: $13.00
MEDIAN: $14.00
CONSENSUS: $14.00
DOWNSIDE: 9.50%
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 4,497 6,125 4,828 4,546 4,390 5,984 4,326 4,466 4,444 5,707 4,709 5,438 5,859 7,449 6,241 5,873 5,348 6,414 5,399 5,313 5,076 6,553 5,294 5,092 4,913 6,903 5,686 5,694 5,032 6,868 5,458 5,313 4,924 6,651 5,500 5,619 5,378 6,657 5,896 5,576 5,511 3,609 3,036 3,209 3,196 3,802 3,324 2,942 2,664 (4,500) 5,662 5,695 5,852 8,041 7,239 7,542 7,354 10,005 8,980 9,275 10,399 12,651 10,270 19,525 9,522 11,988 9,810 9,912 9,274 12,825.6 12,222.8 13,162.7 12,653.7 15,787.4 12,901.9 12,586.4 9,852.5 11,730.5 10,089.8 9,820.1 9,502.5 10,332.3 8,394.2 8,042.9 7,393.4 9,044.3 6,937.7 6,633.3 6,616.7 8,753.6 7,005.9 8,896.0 6,923.4 6,878.0 7,340.8 8,011.4 9,355.9 7,579.7 6,991.7 6,538.3
Cost of Revenue 2,509 3,371 2,718 2,575 2,566 3,259 2,334 2,530 2,233 3,321 2,789 3,290 3,664 4,263 3,736 3,512 3,179 3,880 3,203 3,133 3,151 4,120 3,331 3,086 3,177 4,191 3,717 3,629 3,452 4,107 3,439 3,453 3,119 4,058 3,315 3,383 3,252 3,974 3,663 3,545 3,935 1,936 1,738 1,674 1,838 2,147 1,846 1,648 1,448 1,791 3,867 3,788 4,013 5,457 5,248 5,761 5,320 7,101 6,471 6,443 7,325 8,924 7,329 13,376 6,444 7,915 6,749 6,685 6,371 8,705.5 7,869.4 8,734.9 8,128.9 10,063.7 8,474.4 8,670.2 6,591.8 7,928.0 6,971.1 6,577.8 6,280.0 6,809.0 5,564.0 5,161.2 4,655.6 5,679.0 4,409.3 4,086.1 3,938.2 4,923.1 4,024.0 5,483.0 4,045.5 4,344.8 4,624.0 5,030.8 5,986.9 4,917.8 4,210.8 4,012.6
Gross Profit 1,988 2,754 2,110 1,971 1,824 2,726 1,992 1,936 2,210 2,386 1,926 2,148 2,196 3,187 2,505 2,361 2,169 2,534 2,196 2,179 1,925 2,433 1,962 2,006 1,736 2,712 1,969 2,065 1,580 2,762 2,019 1,860 1,805 2,593 2,185 2,236 2,125 2,683 2,233 2,031 1,577 1,673 1,298 1,535 1,358 1,655 1,478 1,294 1,216 (6,291) 1,795 1,907 1,839 2,584 1,991 1,781 2,034 2,904 2,509 2,832 3,074 3,727 2,941 6,149 3,078 4,073 3,061 3,227 2,903 4,120.2 4,353.5 4,427.8 4,524.8 5,723.7 4,427.5 3,916.2 3,260.7 3,802.5 3,118.7 3,242.3 3,222.5 3,523.3 2,830.2 2,881.7 2,737.8 3,365.4 2,528.3 2,547.2 2,678.5 3,830.5 2,981.9 3,413.0 2,877.9 2,533.2 2,716.8 2,980.6 3,369.0 2,661.8 2,780.9 2,525.8
Operating Expenses
R&D Expenses 1,239 1,376 1,174 1,161 1,145 1,137 1,116 1,134 1,125 1,092 1,067 1,034 1,108 1,222 1,165 1,091 1,072 1,118 1,036 1,063 996 1,236 923 969 1,007 1,069 1,060 1,126 1,156 1,165 1,123 1,165 1,167 1,226 1,212 1,214 1,265 1,281 1,216 1,236 1,264 550 492 669 684 698 626 580 589 (255) 891 972 1,011 1,123 1,119 1,231 1,309 1,401 1,327 1,416 1,468 1,540 1,407 2,916 1,433 1,565 1,386 1,458 1,500 1,750.1 1,464.6 1,397.4 1,374.0 1,627.7 1,386.1 1,716.2 924.5 1,068.0 903.8 981.4 945.5 1,050.2 884.4 968.8 918.8 1,050.9 879.8 943.6 853.9 982.5 1,142.0 857.7 778.1 559.3 793.0 766.0 770.9 613.3 678.2 530.5
SG&A Expenses 664 880 729 744 728 776 688 715 693 787 697 690 729 839 771 728 675 758 674 712 649 812 631 680 780 775 739 763 824 933 870 813 847 930 860 906 919 959 916 919 972 479 395 464 411 465 404 388 382 (667) 747 786 805 965 935 1,107 1,157 1,253 1,186 1,283 1,190 1,327 1,180 2,485 1,194 1,342 1,187 1,307 1,242 1,650.5 1,359.7 1,329.4 1,342.4 1,310.7 1,310.4 1,668.9 961.9 1,192.3 918.0 1,019.7 852.2 1,032.9 885.2 947.3 702.0 827.3 716.5 763.3 663.9 996.4 983.0 850.1 842.5 728.1 997.8 774.0 802.0 694.9 656.1 660.2
Other Expenses 22 61 (32) (14) (1) 337 (90) (345) (12) (40) (81) (45) (68) 243 51 (22) 68 (82) (16) (79) (151) (56) 59 187 25 65 (94) 233 124 111 80 103 127 18 343 161 69 126 46 636 52 (2) 0 0 0 38 48 41 3 442 39 264 173 1,747 0 0 0 0 0 0 0 0 0 0 66 (147) 6 35 106 209.8 62.4 225.6 278.0 282.8 (131.7) (1,828.5) 102.6 19.9 197.8 (262.2) 58.6 72.3 (87.3) (36.3) (0.8) 132.9 4.0 (65.6) 24.3 188.8 40.8 231.6 38.3 606.3 70.6 70.8 56.7 30.6 32.5 18.8
Operating Expenses 1,925 2,317 1,871 1,891 1,872 2,250 1,714 1,504 1,806 1,839 1,683 1,679 1,769 2,304 1,987 1,797 1,815 1,794 1,694 1,696 1,494 1,992 1,613 1,836 1,812 1,909 1,705 2,122 2,104 2,209 2,073 2,081 2,141 2,174 2,415 2,281 2,253 2,366 2,178 2,791 2,288 1,029 887 1,133 1,095 1,201 1,078 1,009 974 (1,414) 1,677 2,022 1,989 3,835 2,054 2,338 2,466 2,768 2,513 2,699 2,658 2,867 2,587 5,401 2,693 2,760 2,579 2,800 2,848 3,610.5 2,886.7 2,952.3 2,994.4 3,221.2 2,564.8 1,556.6 1,988.9 2,280.3 2,019.5 1,738.9 1,856.3 2,155.4 1,682.3 1,879.8 1,620.0 2,011.1 1,600.3 1,641.3 1,542.2 2,167.7 2,165.8 1,939.4 1,658.9 1,893.7 1,861.4 1,610.7 1,629.6 1,338.9 1,366.9 1,209.5
Operating Income
Operating Income 63 437 239 80 (48) 475 278 432 405 547 237 469 426 882 518 564 354 740 502 484 431 441 350 170 (76) 803 264 (57) (524) 552 (54) (221) (336) 419 (230) (45) (127) 317 55 (760) (712) 641 330 508 237 454 (810) 284 242 666 118 (115) (150) 439 (576) (826) (1,340) (954) (71) (487) 439 884 403 783 488 1,141 (426) 427 55 509.0 1,467.5 1,475.5 1,530.4 2,502.5 1,862.6 2,358.9 1,271.8 1,522.9 1,099.2 1,503.4 1,366.2 1,367.9 1,147.9 1,001.9 1,117.8 1,354.2 928.0 905.9 1,136.3 1,662.8 816.1 1,473.5 1,219.0 639.5 855.4 1,369.9 1,739.4 1,323.0 1,414.1 1,316.2
Interest Expense 0 (7) 7 0 0 360.2 0 0 0 41.9 37 54 19 30.6 0 18 72 8 50 68 56 18 73 11 50 50.9 98 173 55 10 60 56 108 86 63 287 146 72 80 32 103 46 84 29 28 39 22 261 74 64 63 56 111 0 97 48 129 21 7 42 32 65 79 141 73 79 48 138 77 0 57 0 0 0 0 0 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 119.9 (3.3) 38 34 11 249.5 0 27 48 0 0 0 0 0 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 0 0 0 95 0 0 0 0 0 0 0 0 0 0 0 53 0 0 0 0 0 0 0 154 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 68 0 0 0 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 272 1,073 525 365 216 1,547 519 700 665 998 504 741 693 1,266 804 846 628 991 776 757 702 814 629 460 209 943 679 355 (116) 590 382 242 163 208 513 523 345 846 475 287 (253) 722 492 462 330 453 520 285 325 713 262 12 (29) 369 (61) (561) (433) (953) (9) 118 412 898 351 289 282 263 1,390 427 55 1,014.6 1,529.9 1,701.7 1,808.4 2,502.5 1,730.9 531.9 1,271.8 1,522.2 1,099.2 1,233.4 1,366.2 1,367.9 1,054.8 963.9 1,117.8 1,377.8 993.2 929.7 1,160.7 1,700.6 856.1 1,521.4 1,271.3 708.0 926.0 1,440.6 1,981.1 1,632.9 1,698.1 1,492.0
EBIT 63 789 239 80 (48) 1,302 279 432 404 716 237 469 427 970 517 564 354 714 502 484 431 535 350 170 (76) 518 265 (58) (524) 223 26 (118) (209) (172) 113 116 (59) 443 101 (124) (659) 646 413 379 248 (771) 453 326 246 713 262 12 (29) 369 (564) (824) (1,338) (953) (76) (502) 435 898 400 289 484 263 (421) 506 (1) 509.7 1,469 2,554 1,531 2,502.5 1,862.6 2,359.6 1,271.8 1,522.2 1,099.2 1,503.4 1,366.2 1,367.9 1,147.9 1,002.7 1,117.8 1,354.2 969.0 905.9 1,136.3 1,662.8 816.1 1,473.5 1,219.0 639.5 855.4 1,369.9 1,739.4 1,323.0 1,414.1 1,316.2
Income Before Tax 180 599 229 123 (36) 948 219 461 463 512 175 402 401 878 509 541 256 692 446 416 372 432 276 165 (130) 809 168 (237) (583) 481 (112) (281) (448) 325 (292) (330) (282) 257 (22) (791) (813) 615 247 474 236 412 (834) 18 168 618 57 (175) (257) 375 (671) (878) (1,470) (974) (83) (544) 403 833 321 632 411 1,063 (469) 380 (12) 492.7 1,408.6 1,478.1 1,606.4 2,584.6 1,924.3 2,446.1 1,325.0 1,571.9 1,144.1 1,566.0 1,444.6 1,452.8 1,216.9 1,105.9 1,191.9 1,460.0 999.6 1,034.6 1,199.6 1,703.8 924.7 1,514.7 1,241.1 661.0 850.7 1,393.8 1,754.2 1,286.7 1,391.0 1,307.9
Income Tax Expense 93 64 150 40 23 202 74 92 12 552 45 115 111 (2,271) 92 74 79 11 96 66 100 3,132 73 80 (30) 246 81 (46) (141) 278 15 (10) (94) 704 (102) 103 153 (401) 111 (65) (101) 115 60 121 56 84 (1,594) 44 58 (144) 161 103 82 120 272 651 102 102 68 (52) 172 91 (1) 353 236 181 444 93 (16) (71.4) 354.6 394.6 406.5 779.8 364.4 44.3 336.9 287.0 288.4 401.5 381.2 348.2 315.9 296.5 320.1 410.3 324.1 314.8 384.7 539.7 301.6 462.9 380.5 360.4 262.4 417.8 540.6 394.5 438.8 416.4
Net Income 86 542 78 90 (59) 820 169 (146) 434 (43) 133 290 279 3,154 427 457 212 676 342 344 261 (2,686) 193 94 (117) 564 82 (193) (446) 194 (79) (266) (188) (386) (183) (438) (488) 633 (125) (665) (609) 1,790 152 347 178 444 747 2,510 (239) (25) (91) (227) (272) 202 (969) (1,410) (929) (1,072) (68) (368) 344 745 529 576 349 948 (559) 380 122 589.5 1,087 1,103 1,222 1,844.6 1,563.4 2,828.0 978.4 1,276.2 843.9 1,141.0 1,047.8 1,073.5 880.2 797.0 862.5 1,017.1 685.2 711.6 814.9 1,164.1 623.2 1,051.8 860.6 300.6 588.3 976.0 1,213.6 892.2 952.2 891.4
Per Share Data
EPS (Basic) 0.02 0.09 0.01 0.01 -0.01 0.05 0.03 0.07 0.08 -0.01 0.03 0.05 0.05 0.56 0.08 0.08 0.04 0.12 0.06 0.06 0.05 -0.46 0.03 0.02 -0.02 0.10 0.01 -0.03 -0.08 0.03 -0.01 -0.05 -0.03 -0.07 -0.03 -0.08 -0.09 0.11 -0.02 -0.12 -0.09 0.47 0.04 0.10 0.05 0.12 0.20 0.68 -0.06 -0.01 -0.02 -0.06 -0.07 0.05 -0.26 -0.38 -0.25 -0.29 -0.02 -0.10 0.09 0.20 0.14 0.16 0.09 0.26 -0.15 0.10 0.03 0.16 0.29 0.29 0.32 0.48 0.40 0.72 0.25 0.32 0.21 0.28 0.25 0.24 0.20 0.18 0.19 0.22 0.18 0.15 0.17 0.24 0.13 0.22 0.18 0.06 0.13 0.21 0.26 0.19 0.20 0.05
EPS (Diluted) 0.02 0.09 0.01 0.02 -0.01 0.05 0.03 0.07 0.08 -0.01 0.02 0.05 0.05 0.56 0.08 0.08 0.04 0.12 0.06 0.06 0.05 -0.46 0.03 0.02 -0.02 0.10 0.01 -0.03 -0.08 0.03 -0.01 -0.05 -0.03 -0.07 -0.03 -0.08 -0.09 0.11 -0.02 -0.12 -0.09 0.45 0.04 0.09 0.04 0.11 0.20 0.61 -0.06 -0.01 -0.02 -0.06 -0.07 0.05 -0.26 -0.38 -0.25 -0.29 -0.02 -0.10 0.09 0.20 0.14 0.16 0.09 0.26 -0.15 0.10 0.03 0.16 0.29 0.29 0.32 0.48 0.40 0.72 0.25 0.32 0.21 0.28 0.25 0.24 0.20 0.18 0.19 0.22 0.18 0.15 0.17 0.24 0.13 0.22 0.18 0.06 0.12 0.20 0.26 0.19 0.20 0.07
Shares Outstanding 5,589.6 5,415.9 5,400.9 5,378.1 5,379.7 5,463.9 5,463.9 5,509.8 5,525.8 5,523.8 5,537.9 5,558.9 5,578.0 5,590.2 5,607.2 5,625.1 5,634.7 5,634.9 5,631.6 5,629.4 5,624.1 5,617.5 5,613.6 5,610.4 5,608.1 5,604.9 5,599.8 5,598.7 5,537.5 5,592.6 5,588.2 5,340 5,583.6 5,592.6 5,636.5 5,670.3 5,709.2 5,759.7 5,773.1 5,746.1 5,649.8 3,794.0 3,624.6 3,624.0 3,640.0 3,667.0 3,701.3 3,714.0 3,713.1 3,712.2 3,712.2 3,712.2 3,711.5 3,711.0 3,711.0 3,710.9 3,710.5 3,710.2 3,710.1 3,710.0 3,709.5 3,708.9 3,708.9 3,708.8 3,708.5 3,707.5 3,707.5 3,702.4 3,699.9 3,697.2 3,700.7 3,755.2 3,823.3 3,821.0 3,865.2 3,906.8 3,949.5 3,989.4 4,037.1 4,075.7 4,150.3 4,242.5 4,346.3 4,414.7 4,459.3 4,564.6 3,675.2 4,620.9 4,679.7 4,717.3 4,781.5 4,754.2 4,745.9 4,701.8 4,694.6 4,693.2 4,680.0 4,680.0 4,673.1 1,861.6
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 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
Current Assets
Cash & Cash Equivalents 4,951 5,459.7 4,892 4,797 5,543 6,623 7,043 6,853 6,561 6,234 4,875.5 5,570.6 5,244.3 5,834.7 5,196 5,457 6,341 7,609.0 6,903 8,600.1 7,315 8,491.4 6,836 7,088 6,758.0 6,634.0 4,721 4,693 5,862 6,261 4,799 4,993 6,555 7,369 5,394 6,647 6,987 7,497 6,887 8,449 9,343 5,632 1,552 5,926 1,666 1,614 1,762.4 1,635.6 1,233.7 1,142.6 1,219.4 1,328.9 1,497.1 1,687.1 1,695.9 1,500.2 1,559.4 1,412.9 1,497.6 1,022.5 884.1 1,025.6 788.4 842.3 668.8 722.2 2,241.0 1,913.5 2,095.6 2,052.7 1,698.2 1,372.4 1,264.7 286.0 858.2 681.4 666.3 750.0 617.5 512.2 939.9
Short-Term Investments 1,172 960.6 773 1,284 1,679 2,290 1,714 2,225 1,837 2,006 1,797.8 2,029.3 3,138.8 3,287.1 4,347 4,037 3,164 2,930.6 2,755 1,777.7 1,715 1,371.6 1,045 605 171.2 108.9 527 382 859 855 1,066 1,112 1,571 1,213 1,489 1,679 2,055 2,125 2,699 2,782 3,371 4,216 8,251 2,947 5,721 7,015 7,398.0 10,268.5 10,966.3 10,948.1 8,702.4 9,120.5 7,862.0 6,337.2 2,979.2 2,672.1 3,716.9 2,782.2 2,621.0 2,609.8 3,312.6 3,145.3 2,541.2 2,050.6 2,321.4 2,154.7 0 0 0 0 0 0 0 1,015.6 0 0 0 0 0 0 0
Net Receivables 6,510 6,817.1 4,875 5,702 6,527 6,738 3,875 4,354 5,278 6,941 8,671.2 8,360.3 8,330.9 8,366.2 6,547 5,809 5,978 7,667.0 5,789 7,105.9 5,678 8,407.0 5,516 5,867 7,082.7 7,662.2 6,220 6,489 6,440 7,025 6,662 6,408 5,914 7,112 6,914 6,487 6,835 7,073 6,525 6,752 6,701 7,863 7,579 7,995 8,738 9,030 9,756.8 4,655.9 5,087.5 5,221.5 4,475.0 4,588.1 5,390.0 5,094.7 7,612.5 6,741.9 6,713.5 7,075.2 7,186.3 5,613.3 5,548.5 4,875.5 4,481.9 4,004.6 3,720.4 3,613.6 2,977.5 2,678.5 2,459.6 2,134.5 1,888.5 2,047.1 1,939.7 1,880.9 1,791.5 1,620.4 1,574.5 1,694.0 1,426.0 1,337.1 1,369.0
Inventory 2,381 2,208.1 2,380 2,479 2,579 2,163 2,532 2,479 2,686 2,719 3,484.3 3,618.8 3,584.2 3,484.6 3,434 2,910 2,636 2,720.2 2,482 2,836.7 2,266 2,743.2 2,745 2,865 3,107.4 3,295.7 3,642 3,606 3,528 3,180 3,179 2,937 2,777 2,646 3,028 2,950 2,900 2,506 2,680 2,828 2,699 2,216 2,020 1,865 1,973 2,292 2,890.7 1,079.7 1,106.3 1,167.2 1,222.8 1,259.4 1,277.9 1,722.5 2,077.9 1,895.5 2,214.6 2,269.0 2,421.5 2,421.9 1,993.2 1,776.9 1,790.1 1,631.4 1,500.2 1,285.8 1,345.8 1,276.0 1,238.6 1,226.4 1,372.7 1,290.7 1,194.8 1,108.8 1,359.7 1,547.5 1,673.1 1,776.6 1,729.4 1,534.7 1,341.9
Other Current Assets 0 339.9 1,454 0 0 0 2,437 2,105 2,657 0 550.5 559.7 621.4 656.4 343 282 273 382.1 301 215.8 304 285.1 339 304 307.2 184.1 2 8 8 5 34 40 22 23 40 41 43 44 70 53 9 0 0 329 0 0 528.4 0 0 464.5 642.3 443.9 417.4 1.0 0 0 1.1 0 0 1.0 0 0 (0.9) 0 0.9 0 0 0 0 0 0 (0.9) 0.9 0 (0.1) 0 0.1 0 (0.1) (0.1) 0.1
Total Current Assets 15,014 15,785.3 14,374 14,262 16,328 17,987 17,601 18,016 17,864 18,087 19,379.4 20,138.8 20,919.6 21,628.9 21,016 19,610 19,468 22,285.7 19,102 21,581.0 18,132 22,287.0 17,418 17,582 18,366.9 18,867.0 16,600 16,680 18,032 18,261 17,294 17,159 18,422 19,865 18,524 19,633 20,345 20,718 20,401 22,498 23,770 24,663 24,068 23,613 22,669 24,512 25,336.3 19,060.5 19,680.3 20,047.7 17,410.9 17,876.7 17,601.4 16,069.9 14,365.6 12,809.6 14,205.4 13,539.2 13,726.4 11,668.6 11,738.4 10,823.4 9,600.6 8,528.9 8,211.8 7,776.3 6,564.3 5,868.0 5,793.9 5,413.6 4,959.4 4,709.3 4,400.0 4,291.3 4,009.4 3,849.3 3,914.0 4,220.5 3,772.8 3,384.0 3,650.8
Non-Current Assets
Property, Plant & Equipment 2,498 2,488.9 1,521 2,432 2,353 2,120 2,031 2,176 2,791 2,857 3,075.7 3,151.9 3,170.3 3,142.0 2,950 2,904 2,862 3,193.3 2,717 3,209.0 2,719 3,166.5 2,572 2,627 2,943.9 3,107.1 2,692 2,646 2,731 1,790 1,753 1,782 1,789 1,853 1,824 1,863 1,934 1,981 1,919 1,964 2,012 1,967 1,888 1,867 2,011 2,080 1,911.7 1,513.4 1,530.0 1,563.4 1,659.1 1,762.8 1,875.4 2,012.2 2,828.8 2,713.2 2,708.9 2,739.6 2,638.0 2,363.1 2,159.6 2,037.3 1,792.9 1,615.0 1,411.1 1,324.2 2,096.7 1,919.0 1,848.7 1,046.4 1,553.0 1,522.4 1,486.2 977.0 1,432.6 1,409.6 1,350.0 1,087.3 1,539.7 1,644.9 1,550.2
Goodwill 6,093 5,993.4 5,971 6,019 6,417 5,736 5,425 5,601 5,589 5,504 6,027.5 6,099.8 6,071.1 6,048.1 6,048 5,776 5,508 6,176.1 5,348 6,249.7 5,236 6,208.3 5,436 5,609 6,380.5 0 5,651 5,477 5,527 5,452 5,410 5,384 5,164 5,248 5,302 5,554 6,040 5,724 5,545 5,407 5,137 6,035 5,524 5,171 6,290 6,584 1,366.5 0 0 0 0 0 0 0 0 0 0 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 1,375 1,398.4 1,542 1,571 1,717 802 870 961 1,047 1,086 1,132.9 1,239.4 1,341.8 1,347.9 1,434 1,489 1,534 1,842.3 1,708 2,096.7 1,893 2,389.6 2,116 2,287 2,607.1 8,930.6 2,704 2,889 3,139 3,353 3,424 3,646 3,752 3,971 4,289 4,647 4,946 5,236 5,282 5,668 5,858 2,622 2,749 2,762 3,552 3,991 2,433.8 316.5 333.6 370.0 578.8 611.4 669.0 914.4 2,709.1 2,084.9 2,124.4 1,999.6 1,528.2 1,261.9 1,206.4 840.7 742.6 661.6 620.5 481.8 0 0 0 345.5 0 0 0 251.5 0 0 0 281.4 0 0 0
Long-Term Investments 1,712 1,896.2 390 1,646 1,713 1,763 1,599 1,631 1,925 1,903 2,407.6 2,528.9 2,611.8 2,146.2 2,128 1,871 1,860 1,507.9 1,266 1,558.3 1,404 1,571.0 1,261 1,296 1,468.1 1,515.4 1,312 1,299 1,295 1,208 1,207 1,140 1,115 1,159 1,227 1,312 1,413 1,410 1,390 1,333 1,378 763 733 623 579 632 0 0 0 0 0 0 0 0 0 0 0 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 6,933 6,377.3 8,677 6,463 7,178 7,142 10,359 6,784 6,531 1,669 6,810.9 7,175.5 7,405.2 7,425.9 8,020 8,029 8,096 9,091.9 7,852 7,005.1 5,848 6,429.8 5,159 5,160 6,249.9 5,749.4 4,734 4,665 4,640 4,553 4,549 4,556 4,384 4,347 4,210 4,164 4,304 4,130 3,733 3,409 3,193 67 72 195 45 41 1,215.1 739.5 1,400.9 1,155.3 2,294.5 2,737.5 2,470.1 2,846.6 1,395.2 1,493.1 1,297.9 1,263.8 1,105.3 1,018.3 589.1 361.7 559.3 213.5 207.2 208.9 0.8 0 0 191.8 0 0 0 223.4 0 0.1 0 241.5 0.1 0 0
Total Non-Current Assets 22,273 21,795.7 21,671 21,766 22,933 21,162 20,284 20,843 21,811 21,694 23,546.6 24,316.2 24,682.0 27,119.9 21,849 21,278 21,055 23,258.0 19,909 21,900.0 18,722 24,234.9 21,388 21,988 25,253.2 25,054.2 22,520 22,242 22,546 21,267 21,241 21,383 20,840 21,160 22,309 22,948 24,236 24,182 23,008 23,261 22,886 13,064 12,419 12,125 14,606 15,455 8,454.8 3,305.6 4,039.6 3,830.4 5,226.0 5,886.0 5,746.4 6,640.0 7,616.9 6,794.9 6,581.0 6,405.5 5,772.6 5,056.9 4,321.2 3,497.1 3,094.8 2,749.0 2,506.3 2,209.2 2,097.6 1,919.0 1,848.7 1,583.6 1,553.0 1,522.4 1,486.2 1,451.9 1,432.6 1,409.6 1,350.0 1,610.2 1,539.8 1,644.9 1,550.2
Total Assets 37,286 37,581.0 36,044 36,028 39,261 39,149 37,885 38,859 39,675 39,860 42,926.0 44,455.0 45,601.6 48,748.8 42,865 40,887 40,525 45,543.7 39,010 43,481.0 36,852 46,521.8 38,804 39,570 43,620.1 43,921.2 39,120 38,923 40,579 39,528 38,533 38,544 39,262 41,024 40,833 42,581 44,581 44,900 43,409 45,761 46,656 37,727 36,487 35,738 37,275 39,967 33,791.1 22,366.1 23,720.0 23,878.1 22,636.8 23,762.6 23,347.8 22,709.9 21,982.5 19,604.5 20,786.5 19,944.7 19,499.0 16,725.6 16,059.7 14,320.5 12,695.5 11,277.8 10,718.1 9,985.5 8,661.9 7,786.9 7,642.6 6,997.3 6,512.5 6,231.7 5,886.2 5,743.2 5,442.0 5,259.0 5,264.0 5,830.7 5,312.7 5,028.9 5,201.0
Current Liabilities
Account Payables 3,154 2,976.7 3,062 2,979 3,035 3,213 2,783 2,901 3,041 3,423 3,786.1 4,644.4 4,544.6 5,048.1 4,696 3,924 3,664 4,183.8 3,231 3,698.8 3,108 3,883.5 3,167 3,255 3,483.8 4,249.8 3,860 3,894 4,181 4,773 4,026 3,900 3,584 3,996 3,541 3,545 3,616 3,781 3,380 3,492 3,483 5,581 4,790 4,950 5,276 5,223 6,543.8 2,564.5 2,575.4 2,914.1 2,459.6 2,582.8 2,957.1 2,964.1 2,741.0 1,964.9 2,492.0 2,821.6 2,899.9 2,513.2 2,141.8 2,208.2 2,269.0 1,842.0 1,480.7 3,598.2 0 0 0 2,437.3 0 0 0 1,831.1 0 0 0 1,670.6 0 0 0
Short-Term Debt 40 1,286.5 711 749 1,882 969 953 932 646 554 814.2 851.0 849.6 439.7 232 213 126 342.3 557 927.4 114 917.7 664 756 1,180.6 618.5 417 337 753 994 967 946 548 309 344 376 306 370 335 317 245 1,128 1,079 771 1,598 3,083 704.3 637.0 618.5 470.1 557.1 362.4 377.4 731.1 855.1 1,233.1 1,398.4 2,928.0 1,158.6 821.0 686.4 795.0 451.7 435.6 896.4 756.3 0 0 0 551.8 0 0 0 682.9 0 0 0 804.2 0 0 0
Deferred Revenue 1,732 1,561.3 1,589 1,498 1,591 1,506 0 1,851 2,351 2,157 2,237.1 2,090.4 2,257.6 2,110.0 6,141 2,174 2,326 2,607.6 2,524 3,016.9 2,539 3,118.8 2,598 2,817 3,355.4 3,263.1 2,712 2,761 2,849 2,907 3,045 3,500 3,177 3,577 3,182 3,309 3,167 3,178 3,162 3,230 3,085 9,297 0 9,222 0 0 5,630.7 2,633.3 3,799.4 2,463.9 2,361.4 3,857.8 2,613.0 2,568.1 2,992.3 3,000.3 4,139.3 2,868.4 0 0 0 3,386.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 4,105 3,831.4 3,981 4,149 5,067 3,210 6,553 4,648 4,452 2,053 4,762.3 4,756.8 5,665.8 4,056.6 2,399 2,038 1,824 6,397.9 1,571 5,844.1 1,571 4,573.6 1,536 1,493 3,608.9 3,803.0 3,790 3,777 3,850 2,508 3,827 2,638 2,610 2,356 2,635 3,349 3,209 2,804 3,753 5,126 3,453 3,439 2,756 (6,504) 3,297 3,509 3,801.7 2,295.6 2,391.2 2,417.8 2,556.1 2,535.2 2,472.0 2,437.5 2,211.9 1,913.2 2,017.1 0 5,257.9 4,396.6 0 1,355.5 3,118.2 2,826.2 0 76.7 3,850.7 3,447.2 3,702.9 91.8 2,909.5 2,894.8 2,760.3 58.7 2,519.2 2,525.6 2,500.2 364.8 2,143.3 2,037.5 2,175.1
Total Current Liabilities 9,582 9,999.7 9,725 9,775 11,996 11,394 10,500 10,710 10,872 10,933 11,800.8 12,554.1 13,505.7 13,633.1 13,703 12,286 12,357 13,761.3 11,913 13,671.1 11,326 14,390.2 11,373 11,691 13,370.0 13,531.7 12,392 12,412 13,745 14,115 13,398 12,487 11,887 12,809 11,636 12,531 12,714 12,607 12,521 13,991 12,704 16,808 15,186 15,188 16,751 18,621 16,680.4 8,130.4 9,384.4 8,265.9 7,934.1 9,338.3 8,419.5 8,700.8 8,800.3 8,111.5 10,046.8 8,618.0 9,316.4 7,730.8 7,880.7 6,391.1 5,839.0 5,103.8 5,178.8 4,431.3 3,850.7 3,447.2 3,702.9 3,080.9 2,909.5 2,894.8 2,760.3 2,572.7 2,519.2 2,525.6 2,500.2 2,839.6 2,143.3 2,037.5 2,175.1
Non-Current Liabilities
Long-Term Debt 2,338 3,124.7 2,343 2,342 2,287 2,918 2,785 2,747 3,124 3,637 3,771.3 3,910.1 4,024.2 4,534.7 4,364 4,424 4,489 5,159.5 4,524 5,341.3 5,039 6,136.1 5,099 5,181 4,561.3 4,473.2 4,063 3,949 3,650 2,826 2,768 2,771 3,172 3,457 3,501 3,577 4,106 3,657 3,518 3,593 3,995 4,247 4,065 4,432 4,079 3,076 241.8 0 0 0 128.6 147.4 186.8 223.8 0 0 0 173.6 185.9 266.7 0 269.3 0 0 0 255.8 0 305.1 325.9 226.4 285.0 341.8 341.4 365.6 408.1 369.2 336.3 377.5 0 0 0
Deferred Tax Liabilities 410 391.8 514 507 600 562 0 0 0 725 375.9 374.2 367.2 3,272.2 329 322 0 320.7 0 322.6 280 2,558.4 0 0 356.6 437.8 0 0 0 350 414 399 409 413 498 392 421 403 360 553 530 1,229 1,256 1,303 1,510 1,672 1,029.4 210.7 211.8 240.6 234.7 238.0 206.8 218.7 87.8 62.4 59.4 69.2 69.2 82.9 78.5 80.5 86.0 86.0 88.2 87.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 2,661 1,933.2 2,680 2,562 2,675 2,679 3,485 3,665 3,673 2,928 3,158.3 3,349.4 3,409.3 3,398.1 3,407 3,417 4,719 5,104.9 5,349 5,622.4 4,493 5,950.1 6,394 6,650 5,417.1 5,608.0 7,501 7,437 7,353 7,214 7,328 8,196 8,329 8,540 9,034 5,664 5,914 7,662 7,908 6,243 5,856 98 71 9,533 67 68 129.6 86.9 86.0 86.5 66.1 66.8 67.7 69.9 334.8 225.9 198.6 68.1 71.4 71.4 334.8 57.6 320.8 337.1 285.2 63.1 298.7 0 0 49.1 (0.9) 0 (0.9) 51.4 0 0 0 81.4 446.4 429.3 632.7
Total Non-Current Liabilities 6,431 6,532.2 6,646 6,440 6,446 7,008 6,931 7,131 7,570 8,299 8,519.8 8,687.6 8,873.0 12,248.8 9,364 9,575 10,085 11,924.7 10,705 12,810.1 11,756 16,782.2 12,212 12,560 12,691.9 13,101.8 12,298 12,134 11,816 10,042 10,096 10,967 11,501 11,997 12,535 12,038 11,581 11,319 11,426 11,547 11,577 5,574 5,392 5,801 5,656 4,816 1,400.8 297.6 297.9 327.1 429.3 452.1 461.2 512.4 422.6 288.3 258.0 310.9 326.5 421.0 413.3 407.5 406.8 423.1 373.4 406.7 298.7 305.1 325.9 275.5 284.1 341.8 340.5 417.0 408.1 369.2 336.3 458.9 446.4 429.3 632.7
Total Liabilities 16,013 16,532.0 16,371 16,215 18,442 18,402 17,431 17,841 18,442 19,232 20,320.6 21,241.8 22,378.7 25,881.9 23,067 21,861 22,442 25,685.9 22,618 26,481.1 23,082 31,172.4 23,585 24,251 26,061.9 26,633.6 24,690 24,546 25,561 24,157 23,494 23,454 23,388 24,806 24,171 24,569 24,295 23,926 23,947 25,538 24,281 22,382 20,578 20,989 22,407 23,437 18,081.3 8,428.0 9,682.3 8,593.0 8,363.4 9,790.4 8,880.7 9,213.2 9,222.9 8,399.7 10,304.8 8,928.9 9,642.9 8,151.8 8,294.0 6,798.5 6,245.8 5,526.9 5,552.3 4,838.0 4,149.4 3,752.3 4,028.8 3,356.4 3,193.6 3,236.6 3,100.9 2,989.7 2,927.4 2,894.8 2,836.5 3,298.5 2,589.7 2,466.8 2,807.8
Stockholders' Equity
Common Stock 246 245.9 246 246 246 246 246 246 246 246 260.5 268.4 267.3 262.5 246 246 246 279.8 246 291.7 246 301.0 246 246 269.9 276.1 246 246 246 246 246 246 246 246 246 246 246 246 246 246 246 246 246 246 246 246 246.0 279.6 287.3 287.4 287.7 287.4 286.8 285.6 307.4 282.4 282.0 283.2 281.1 281.3 280.4 280.2 290.9 0 0 253.2 0 0 0 250.9 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 1,775 1,856.2 1,477 1,608 1,731 1,956 1,309 1,305 1,675 1,404 1,741.6 1,823.1 1,671.0 1,467.5 (1,669) (1,982) (2,327) (2,885.1) (3,200) (4,199.3) (3,884) (5,069.2) (1,452) (1,644) (1,900.4) (1,810.6) (2,174) (1,988) (1,509) (1,062) (1,253) (1,174) 153 1,147 1,646 1,682 3,099 3,588 2,950 3,468 5,789 9,196 10,430 10,132 9,739 10,831 12,152.1 12,073.8 13,370.5 13,928.9 11,912.0 11,284.1 11,672.0 10,586.3 9,869.4 8,886.9 8,296.8 8,664.9 7,436.8 6,570.8 5,805.9 5,817.6 5,035.5 0 0 3,915.4 0 0 0 2,322.7 0 0 0 1,427.0 996.1 998.0 989.9 970.0 2,036.4 1,429.2 977.3
Accumulated Other Comprehensive Income 18,655 (1,271.5) 2,627 17,339 18,936 18,152 18,686 19,088 18,898 18,611 20,496.3 20,934.1 21,055.4 20,876.5 21,230 20,693 20,031 22,231.1 19,172 20,734.3 17,286 19,908.4 16,274 16,556 19,039.5 18,652.6 16,208 15,981 16,157 16,077 15,966 15,947 15,418 15,778 15,626 15,941 16,575 16,702 15,669 15,573 15,043 4,480 574 3,112 216 707 2,377.7 (95.1) (40.6) 7.9 (6.1) 2.7 128.7 305.8 243.7 265.9 158.7 348.2 435.3 270.9 282.5 243.5 217.9 5,662.1 5,091.5 121.1 4,440.4 3,969.0 3,564.5 214.5 3,301.8 2,980.9 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 21,181 20,958.1 19,582 19,721 20,730 20,657 20,354 20,924 21,138 20,537 22,514.3 23,107.4 23,114.2 22,767.6 19,686 18,915 17,973 19,741.8 16,292 16,896.7 13,685 15,251.6 15,136 15,241 17,472.6 17,202.3 14,351 14,298 14,932 15,289 14,971 15,020 15,795 16,138 16,588 17,154 19,369 20,093 18,595 18,964 20,731 13,541 13,966 13,088 12,783 14,375 13,139.4 13,758.6 13,869.6 15,121.5 14,124.8 13,790.1 14,293.6 13,300.3 12,550.0 10,987.1 10,285.4 10,838.0 9,661.1 8,400.6 7,628.6 7,399.8 6,367.4 5,662.1 5,091.5 5,084.4 4,440.4 3,969.0 3,564.5 3,608.2 3,301.8 2,980.9 2,774.1 2,748.7 2,506.7 2,359.1 2,423.0 2,457.1 2,657.2 2,497.9 2,294.6
Total Liabilities & Equity 37,286 37,581.0 36,044 36,028 39,261 39,149 37,885 38,859 39,675 39,860 42,926.0 44,453.9 45,601.6 48,748.8 42,865 40,887 40,525 45,543.7 39,010 43,483.4 36,852 46,521.8 38,804 39,570 43,621.2 43,921.2 39,120 38,923 40,579 39,528 38,533 38,544 39,262 41,024 40,833 42,581 44,580 44,900 43,409 45,761 46,657 37,727 36,487 35,738 37,275 39,967 33,791.1 22,366.1 23,720.0 23,878.1 22,636.8 23,762.6 23,347.8 22,709.9 21,982.5 19,604.5 20,786.5 19,944.7 19,499.0 16,725.6 16,059.7 14,320.5 12,695.5 11,277.8 10,718.1 9,985.5 8,661.9 7,786.9 7,642.6 6,997.3 6,512.5 6,231.7 5,886.2 5,743.2 5,442.0 5,259.0 5,264.0 5,830.7 5,312.7 5,028.9 5,201.0
Debt Metrics
Total Debt 3,325 5,207.8 4,065 4,100 5,065 4,750 4,610 4,607 4,756 5,188 5,475.9 5,676.5 5,803.8 5,890.2 5,693 5,738 5,687 6,438.8 6,111 7,225.7 6,193 7,935.9 6,694 6,893 6,536.3 5,957.1 5,453 5,257 5,470 3,822 3,735 3,717 3,720 3,766 3,845 3,953 4,412 4,028 3,853 3,910 4,240 5,375 5,144 5,203 5,677 6,159 946.0 637.0 618.5 470.1 685.7 509.8 564.2 954.9 855.1 1,233.1 1,398.4 1,292.6 1,344.5 1,087.6 686.4 1,064.3 451.7 435.6 896.4 1,012.1 0 305.1 325.9 778.2 285.0 341.8 341.4 1,048.5 408.1 369.2 336.3 1,181.7 0 0 0
Net Debt (1,626) (251.9) (827) (697) (478) (1,873) (2,433) (2,246) (1,805) (1,046) 600.3 105.8 559.5 55.5 497 281 (654) (1,170.2) (792) (1,374.5) (1,122) (555.5) (142) (195) (221.6) (676.9) 732 564 (392) (2,439) (1,064) (1,276) (2,835) (3,603) (1,549) (2,694) (2,575) (3,469) (3,034) (4,539) (5,103) (257) 3,592 (723) 4,011 4,545 (816.4) (998.6) (615.2) (672.5) (533.6) (819.1) (933.0) (732.2) (840.8) (267.1) (161.0) (120.3) (153.0) 65.1 (197.8) 38.8 (336.7) (406.6) 227.6 289.9 (2,241.0) (1,608.4) (1,769.7) (1,274.5) (1,413.2) (1,030.6) (923.3) 762.5 (450.1) (312.2) (330.0) 431.8 (617.5) (512.2) (939.9)
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 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
Operating Activities
Net Income 87 544 80 96 (60) 820 151.6 (142) 435 (50) 147.9 290 279 3,215.2 418.8 493.8 219 775.0 401.9 351 325.2 (2,696) 197 88.1 (111.3) 623.3 85 (194) (444) 206 (79) (271) (191) (380) (181) (447) (450) 633 (139) (723) (598) 881.6 796.0 862.5 711.6 814.9 1,164.1 823.4 623.6 974.7 1,051.8 609.9 859.5 862.8 300.6 340.9 586.5 3,056.7 890.0 870.4 975.2 862.1 638.1 579.4 505.3
Depreciation & Amortization 209 284 286 285 264 245 263.7 268 261 282 290.5 272 266 303.0 289.9 300.1 274 316.6 327.7 273 332.4 279 279 323.8 316.2 494.9 414 413 408 367 356 360 372 380 400 407 404 403 374 411 406 0 0 0 23.8 24.3 37.8 37.7 40.0 43.0 47.9 53.7 52.3 51.6 68.5 79.0 70.6 241.7 309.9 284.0 175.8 27.6 15.0 0 0
Stock-Based Compensation 0 0 0 0 0 241 0 0 0 202 0 (113) (72) 0 0 0 0 0 0 0 0 0 0 0 0 0 (65) 24 (95) 44 (54) (109) (253) 33 32 10 17 22 51 25 15 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 401 (688) 56 (186) 608 (1,065) 104.3 (26) 427 896 (788.5) (3) (40) (776.7) (360.2) (875.1) 80 (442.8) (38.1) (664) 963.6 (135) (211) (288.0) (111.3) 252.9 (149) (1,300) (533) 402 (339) (979) (27) 1,174 (1,045) 1,013 (544) (310) (281) (892) (1,585) 216.3 (411.0) 179.7 739.4 (95.0) (476.9) (84.4) 193.3 164.7 (507.5) 1,237.8 154.3 71.1 1,902.1 (232.6) (493.1) 0 0 0 0 0 0 0 0
Other Non-Cash Items (7) 171 25 (26) 55 (33) 275.7 298 (56) (11) 19.3 (895) (462) (2,169.8) 51.9 19.2 (90) (103.6) 171.3 79 (50.6) 303 71 240.7 54.0 419.2 104 187 58 93 67 177 154 6 148 (115) (56) 145 113 628 375 125.7 121.5 305.5 (99.5) 267.0 554.4 454.1 486.7 198.6 750.6 260.4 340.4 (78.0) 70.5 1,518.1 623.2 (2,126.1) (460.5) (212.6) (485.5) (33.1) 84.5 73.2 359.5
Operating Cash Flow 783 375 597 209 890 208 795.2 489 1,067 1,870 (330.7) (333) 83 571.7 400.5 (61.9) 559 545.1 862.9 106 1,570.6 879 413 364.6 147.6 1,790.3 464 (916) (747) 1,386 (82) (834) (110) 1,990 (744) 1,039 (473) 510 234 (616) (1,583) 1,223.7 506.5 1,347.7 1,375.2 1,011.3 1,279.5 1,230.9 1,343.5 1,381.1 1,342.9 2,161.8 1,406.7 907.5 2,341.7 1,705.4 787.1 1,172.3 739.4 941.8 665.4 856.6 737.5 652.6 864.8
Investing Activities
Capital Expenditure (154) (148) (168) (121) (169) (158) (116.6) (95) (112) (149) (158.2) (127) (232) (194.6) (114.6) (105.6) (189) (182.5) (152.5) (113) (191.5) (139) (97) (96.9) (169.7) (205.4) (191) (131) (175) (171) (137) (104) (260) (153) (148) (142) (150) (124) (166) (104) (83) (156.3) (155.7) (111.9) (90.2) (79.5) (116.3) (121.9) (93.2) (99.8) (84.3) (87.6) (102.4) (158.3) (149.5) (268.8) (318.8) 0 0 0 0 0 0 0 0
Acquisitions 0 (50) (4) (700) (986) (10) 10.3 277 25 46 28.8 (5) 22 (0.3) (22.3) 35.0 0 55.3 9.5 (33) 38.5 0 4 (0.6) (105.8) 22.7 7 10 9 (18) 137 (19) (12) (2) (18) (311) (89) (36) (93) (167) 6,131 165.2 94.6 6.2 0.9 4.9 (5.4) 0.0 (5.3) 19.2 (82.3) 16.6 42.1 190.5 11.2 (0.3) 0.3 0 0 0 0 0 0 0 0
Purchases of Investments (100) (196) (89) (87) (82) 0 (352.3) (284) (406) (257) (337.7) (345) (1,031) (1,002.4) (1,127.7) (889.0) (758) (300.0) (1,098.7) (147) (578.2) (368) (430) (343.9) (111.3) (150.7) (83) (101) (325) (431) (591) (372) (855) (615) (558) (870) (790) (840) (1,435) (1,013) (916) (1,999.5) (1,414.0) (2,572.7) (372.9) (65.7) (12.5) (6.9) (70.3) (192.2) 5.2 (24.8) (52.0) (27.5) (220.5) (58.8) 142.0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 204 77 47 577 587 0 362.8 334 374 453 598.9 1,405 1,017 1,293.8 825.8 307.0 111 207.3 48.3 242 131.3 68 29 100.6 61.7 80.6 95 529 421 671 616 831 449 863 688 1,431 814 1,453 1,455 1,686 1,029 2,291.1 2,420.9 2,724.7 1,126.5 1.6 26.9 28.4 228.9 96.1 119.5 39.5 1.9 1.1 92.6 14.3 87.4 0 0 0 0 0 0 0 0
Other Investing Activities 1 (9) 25 83 17 (45) 6.6 47 19 0 (7.5) 138 (3) 16.6 (3.1) (13.5) (25) (33.9) (38.3) 25 (7.2) 7 22 3.2 11.0 2.2 (1) (8) (175) 52 (121) 6 14 42 (8) 22 3 31 56 (31) 3 218.8 (308.7) 212.9 245.6 (278.4) 111.9 332.2 (433.7) 0.9 277.7 (139.5) (562.2) (242.1) (492.4) (675.2) (302.9) (951.9) (410.4) (504.3) (433.2) (356.0) (326.9) (350.4) (311.2)
Investing Cash Flow (49) (326) (189) (248) (633) (213) (89.3) 279 (100) 93 124.3 1,066 (227) 113.1 (441.9) (666.1) (861) (253.8) (1,231.8) (26) (607.1) (432) (472) (337.5) (314.0) (249.1) (173) 299 (70) 103 (96) 342 (664) 135 (44) 130 (212) 484 (183) 371 6,164 519.4 636.9 259.2 909.9 (417.2) 4.6 231.9 (373.5) (175.7) 235.7 (195.9) (672.6) (236.3) (758.5) (988.8) (392.1) (951.9) (410.4) (504.3) (433.2) (356.0) (326.9) (350.4) (311.2)
Financing Activities
Net Debt Issuance (1,093) 321 (79) (273) (555) 0 20.0 (142) (464) (76) (18.7) (163) (271) (7.1) 19.6 7.3 (44) (523.9) (9.5) (132) (526.4) (167) (143) 1,083.5 523.3 (102.0) 19 (243) 435 81 71 (59) 17 (33) (48) (291) 415 217 (13) (523) (2,155) (162.4) 232.3 108.0 (2.0) 127.4 (51.9) (182.3) 189.9 (25.6) (261.3) (227.3) (47.4) 131.9 46.2 (280.0) (271.1) 0 0 0 0 0 0 0 0
Stock Repurchased (9) 0 0 (78) (546) (386) (212.7) (90) (8) (45) (100.8) (82) (81) (63.8) (95.8) (100.6) (47) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (166) (244) (176) (237) (216) 0 0 0 (1,298.4) (544.7) (648.8) (756.6) (641.2) (596.4) (449.0) (304.0) (3.7) (5.0) 0.9 (0.5) (12.6) 1.7 0 0 0 0 0 0 0 0 0 0
Dividends Paid (168) (165) (216) (215) (161) (162) (181.2) (220) (166) (166) (187.2) (167) (112) (111.9) (116.9) (122.7) 0 (5.9) (1.2) (3) 0 (129) (3) (1.0) (16.5) 10.5 (321) (248) (1) 0 (131) (935) (15) 0 (127) (843) 0 0 (1,514) 0 0 (17.8) (1,460.2) (34.7) 0 0 (3.3) (4.5) 0 0 (14.7) (29.1) 0 0 (75.0) (135.3) 0 0 0 0 0 0 0 (3.9) (558.3)
Other Financing Activities 0 (501) 0 0 0 39 (62.1) (5) 0 (5) (60.4) 0 0 (57.8) (47.2) (74.1) 0 (63.9) (79.5) 0 (61.4) (1) 2 (61.1) (73.8) (34.1) 0 0 (1) 2 0 0 0 38 (7) (30) 0 (511) (72) (143) 8 0 0 0 (1,397.0) (0.8) 0 (0.9) (1,372.3) (0.9) (0.7) 1.2 (1,278.2) (1.1) 4.5 (48.2) (1,290.7) (106.8) 75.2 (1,013.8) (230.2) 308.3 28.6 (432.1) 64.1
Financing Cash Flow (1,270) 514 (295) (566) (1,262) (509) (436.1) (457) (638) (292) (367.1) (412) (464) (240.6) (240.3) (290.0) (91) (593.6) (90.2) (135) (587.8) (297) (144) 1,021.4 433.0 (125.7) (302) (491) 433 83 (60) (994) 2 (161) (426) (1,340) 178 (510) (1,599) (666) (2,147) (1,478.7) (1,772.6) (575.5) (2,155.6) (514.6) (645.1) (636.0) (1,486.7) (7.3) (193.6) (230.8) (1,277.0) 120.5 189.5 (482.9) (1,554.7) (106.8) 75.2 (1,013.8) (230.2) 308.3 28.6 (436.0) (494.2)
Cash Position
Net Change in Cash (511) 570 95 (746) (1,080) (448) 515.6 320 327 1,629 (695.1) 279 (640) 744.4 (614.8) (1,350.3) (350) (391.2) (599.9) (63) 105.9 104 (252) 1,202.9 124.0 1,487.1 28 (1,169) (399) 1,462 (194) (1,562) (814) 1,975 (1,253) (340) (510) 610 (1,562) (894) 2,348 279.3 (494.6) 1,041.4 157.2 82.0 542.3 887.8 (581.7) 1,126.7 1,325.1 1,697.8 (626.6) 820.3 1,449.1 502.9 (1,105.2) 75.4 487.4 (959.9) 2.1 841.3 437.7 (99.3) 60.4
Cash at Beginning 5,462 4,892 4,797 5,543 6,623 7,071 7,344.7 6,561 6,234 4,605 5,570.6 4,827 5,467 5,090.3 5,705.0 7,055.3 6,691 8,000.2 8,600.1 7,315 8,491.4 6,836 7,088 6,758.0 6,634.0 5,146.8 4,693 5,862 6,261 4,799 4,993 6,555 7,369 5,394 6,647 6,987 7,497 6,887 8,449 9,343 6,995 3,003.1 3,497.7 2,456.2 11,364.1 11,282.1 10,758.3 9,870.5 10,452.2 9,325.5 8,011.2 6,313.4 6,940.0 6,119.7 4,675.1 4,172.2 5,277.4 4,119.7 3,632.3 4,592.2 4,590.1 3,329.6 2,891.9 2,991.2 2,930.8
Cash at End 4,951 5,462 4,892 4,797 5,543 6,623 7,860.3 6,881 6,561 6,234 4,875.5 5,106 4,827 5,834.7 5,090.3 5,705.0 6,341 7,609.0 8,000.2 7,252 8,597.3 6,940 6,836 7,960.9 6,758.0 6,634.0 4,721 4,693 5,862 6,261 4,799 4,993 6,555 7,369 5,394 6,647 6,987 7,497 6,887 8,449 9,343 3,282.4 3,003.1 3,497.7 11,521.2 11,364.1 11,300.6 10,758.3 9,870.5 10,452.2 9,336.2 8,011.2 6,313.4 6,940.0 6,124.2 4,675.1 4,172.2 4,195.1 4,119.7 3,632.3 4,592.2 4,170.9 3,329.6 2,891.9 2,991.2
Free Cash Flow 629 227 429 88 721 50 678.6 394 955 1,721 (488.9) (460) (149) 377.1 285.8 (167.5) 370 362.6 710.4 (7) 1,379.1 740 316 267.7 (22.0) 1,584.8 273 (1,047) (922) 1,215 (219) (938) (370) 1,837 (892) 897 (623) 386 68 (720) (1,666) 1,067.4 350.8 1,235.8 1,285.1 931.8 1,163.2 1,109.0 1,250.4 1,281.3 1,258.6 2,074.1 1,304.3 749.2 2,192.3 1,436.6 468.3 1,172.3 739.4 941.8 665.4 856.6 737.5 652.6 864.8
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 4,497 6,125 4,828 4,546 4,390 5,984 4,326 4,466 4,444 5,707 4,709 5,438 5,859 7,449 6,241 5,873 5,348 6,414 5,399 5,313 5,076 6,553 5,294 5,092 4,913 6,903 5,686 5,694 5,032 6,868 5,458 5,313 4,924 6,651 5,500 5,619 5,378 6,657 5,896 5,576 5,511 3,609 3,036 3,209 3,196 3,802 3,324 2,942 2,664 (4,500) 5,662 5,695 5,852 8,041 7,239 7,542 7,354 10,005 8,980 9,275 10,399 12,651 10,270 19,525 9,522 11,988 9,810 9,912 9,274 12,825.6 12,222.8 13,162.7 12,653.7 15,787.4 12,901.9 12,586.4 9,852.5 11,730.5 10,089.8 9,820.1 9,502.5 10,332.3 8,394.2 8,042.9 7,393.4 9,044.3 6,937.7 6,633.3 6,616.7 8,753.6 7,005.9 8,896.0 6,923.4 6,878.0 7,340.8 8,011.4 9,355.9 7,579.7 6,991.7 6,538.3
Gross Profit 1,988 2,754 2,110 1,971 1,824 2,726 1,992 1,936 2,210 2,386 1,926 2,148 2,196 3,187 2,505 2,361 2,169 2,534 2,196 2,179 1,925 2,433 1,962 2,006 1,736 2,712 1,969 2,065 1,580 2,762 2,019 1,860 1,805 2,593 2,185 2,236 2,125 2,683 2,233 2,031 1,577 1,673 1,298 1,535 1,358 1,655 1,478 1,294 1,216 (6,291) 1,795 1,907 1,839 2,584 1,991 1,781 2,034 2,904 2,509 2,832 3,074 3,727 2,941 6,149 3,078 4,073 3,061 3,227 2,903 4,120.2 4,353.5 4,427.8 4,524.8 5,723.7 4,427.5 3,916.2 3,260.7 3,802.5 3,118.7 3,242.3 3,222.5 3,523.3 2,830.2 2,881.7 2,737.8 3,365.4 2,528.3 2,547.2 2,678.5 3,830.5 2,981.9 3,413.0 2,877.9 2,533.2 2,716.8 2,980.6 3,369.0 2,661.8 2,780.9 2,525.8
Operating Income 63 437 239 80 (48) 475 278 432 405 547 237 469 426 882 518 564 354 740 502 484 431 441 350 170 (76) 803 264 (57) (524) 552 (54) (221) (336) 419 (230) (45) (127) 317 55 (760) (712) 641 330 508 237 454 (810) 284 242 666 118 (115) (150) 439 (576) (826) (1,340) (954) (71) (487) 439 884 403 783 488 1,141 (426) 427 55 509.0 1,467.5 1,475.5 1,530.4 2,502.5 1,862.6 2,358.9 1,271.8 1,522.9 1,099.2 1,503.4 1,366.2 1,367.9 1,147.9 1,001.9 1,117.8 1,354.2 928.0 905.9 1,136.3 1,662.8 816.1 1,473.5 1,219.0 639.5 855.4 1,369.9 1,739.4 1,323.0 1,414.1 1,316.2
Net Income 86 542 78 90 (59) 820 169 (146) 434 (43) 133 290 279 3,154 427 457 212 676 342 344 261 (2,686) 193 94 (117) 564 82 (193) (446) 194 (79) (266) (188) (386) (183) (438) (488) 633 (125) (665) (609) 1,790 152 347 178 444 747 2,510 (239) (25) (91) (227) (272) 202 (969) (1,410) (929) (1,072) (68) (368) 344 745 529 576 349 948 (559) 380 122 589.5 1,087 1,103 1,222 1,844.6 1,563.4 2,828.0 978.4 1,276.2 843.9 1,141.0 1,047.8 1,073.5 880.2 797.0 862.5 1,017.1 685.2 711.6 814.9 1,164.1 623.2 1,051.8 860.6 300.6 588.3 976.0 1,213.6 892.2 952.2 891.4
EPS (Diluted) 0.02 0.09 0.01 0.02 -0.01 0.05 0.03 0.07 0.08 -0.01 0.02 0.05 0.05 0.56 0.08 0.08 0.04 0.12 0.06 0.06 0.05 -0.46 0.03 0.02 -0.02 0.10 0.01 -0.03 -0.08 0.03 -0.01 -0.05 -0.03 -0.07 -0.03 -0.08 -0.09 0.11 -0.02 -0.12 -0.09 0.45 0.04 0.09 0.04 0.11 0.20 0.61 -0.06 -0.01 -0.02 -0.06 -0.07 0.05 -0.26 -0.38 -0.25 -0.29 -0.02 -0.10 0.09 0.20 0.14 0.16 0.09 0.26 -0.15 0.10 0.03 0.16 0.29 0.29 0.32 0.48 0.40 0.72 0.25 0.32 0.21 0.28 0.25 0.24 0.20 0.18 0.19 0.22 0.18 0.15 0.17 0.24 0.13 0.22 0.18 0.06 0.12 0.20 0.26 0.19 0.20 0.07
Balance Sheet
Cash & Equivalents 4,951 5,459.7 4,892 4,797 5,543 6,623 7,043 6,853 6,561 6,234 4,875.5 5,570.6 5,244.3 5,834.7 5,196 5,457 6,341 7,609.0 6,903 8,600.1 7,315 8,491.4 6,836 7,088 6,758.0 6,634.0 4,721 4,693 5,862 6,261 4,799 4,993 6,555 7,369 5,394 6,647 6,987 7,497 6,887 8,449 9,343 5,632 1,552 5,926 1,666 1,614 1,762.4 1,635.6 1,233.7 1,142.6 1,219.4 1,328.9 1,497.1 1,687.1 1,695.9 1,500.2 1,559.4 1,412.9 1,497.6 1,022.5 884.1 1,025.6 788.4 842.3 668.8 722.2 2,241.0 1,913.5 2,095.6 2,052.7 1,698.2 1,372.4 1,264.7 286.0 858.2 681.4 666.3 750.0 617.5 512.2 939.9
Total Assets 37,286 37,581.0 36,044 36,028 39,261 39,149 37,885 38,859 39,675 39,860 42,926.0 44,455.0 45,601.6 48,748.8 42,865 40,887 40,525 45,543.7 39,010 43,481.0 36,852 46,521.8 38,804 39,570 43,620.1 43,921.2 39,120 38,923 40,579 39,528 38,533 38,544 39,262 41,024 40,833 42,581 44,581 44,900 43,409 45,761 46,656 37,727 36,487 35,738 37,275 39,967 33,791.1 22,366.1 23,720.0 23,878.1 22,636.8 23,762.6 23,347.8 22,709.9 21,982.5 19,604.5 20,786.5 19,944.7 19,499.0 16,725.6 16,059.7 14,320.5 12,695.5 11,277.8 10,718.1 9,985.5 8,661.9 7,786.9 7,642.6 6,997.3 6,512.5 6,231.7 5,886.2 5,743.2 5,442.0 5,259.0 5,264.0 5,830.7 5,312.7 5,028.9 5,201.0
Total Debt 3,325 5,207.8 4,065 4,100 5,065 4,750 4,610 4,607 4,756 5,188 5,475.9 5,676.5 5,803.8 5,890.2 5,693 5,738 5,687 6,438.8 6,111 7,225.7 6,193 7,935.9 6,694 6,893 6,536.3 5,957.1 5,453 5,257 5,470 3,822 3,735 3,717 3,720 3,766 3,845 3,953 4,412 4,028 3,853 3,910 4,240 5,375 5,144 5,203 5,677 6,159 946.0 637.0 618.5 470.1 685.7 509.8 564.2 954.9 855.1 1,233.1 1,398.4 1,292.6 1,344.5 1,087.6 686.4 1,064.3 451.7 435.6 896.4 1,012.1 0 305.1 325.9 778.2 285.0 341.8 341.4 1,048.5 408.1 369.2 336.3 1,181.7 0 0 0
Stockholders' Equity 21,181 20,958.1 19,582 19,721 20,730 20,657 20,354 20,924 21,138 20,537 22,514.3 23,107.4 23,114.2 22,767.6 19,686 18,915 17,973 19,741.8 16,292 16,896.7 13,685 15,251.6 15,136 15,241 17,472.6 17,202.3 14,351 14,298 14,932 15,289 14,971 15,020 15,795 16,138 16,588 17,154 19,369 20,093 18,595 18,964 20,731 13,541 13,966 13,088 12,783 14,375 13,139.4 13,758.6 13,869.6 15,121.5 14,124.8 13,790.1 14,293.6 13,300.3 12,550.0 10,987.1 10,285.4 10,838.0 9,661.1 8,400.6 7,628.6 7,399.8 6,367.4 5,662.1 5,091.5 5,084.4 4,440.4 3,969.0 3,564.5 3,608.2 3,301.8 2,980.9 2,774.1 2,748.7 2,506.7 2,359.1 2,423.0 2,457.1 2,657.2 2,497.9 2,294.6
Cash Flow
Operating Cash Flow 783 375 597 209 890 208 795.2 489 1,067 1,870 (330.7) (333) 83 571.7 400.5 (61.9) 559 545.1 862.9 106 1,570.6 879 413 364.6 147.6 1,790.3 464 (916) (747) 1,386 (82) (834) (110) 1,990 (744) 1,039 (473) 510 234 (616) (1,583) 1,223.7 506.5 1,347.7 1,375.2 1,011.3 1,279.5 1,230.9 1,343.5 1,381.1 1,342.9 2,161.8 1,406.7 907.5 2,341.7 1,705.4 787.1 1,172.3 739.4 941.8 665.4 856.6 737.5 652.6 864.8
Capital Expenditure (154) (148) (168) (121) (169) (158) (116.6) (95) (112) (149) (158.2) (127) (232) (194.6) (114.6) (105.6) (189) (182.5) (152.5) (113) (191.5) (139) (97) (96.9) (169.7) (205.4) (191) (131) (175) (171) (137) (104) (260) (153) (148) (142) (150) (124) (166) (104) (83) (156.3) (155.7) (111.9) (90.2) (79.5) (116.3) (121.9) (93.2) (99.8) (84.3) (87.6) (102.4) (158.3) (149.5) (268.8) (318.8) 0 0 0 0 0 0 0 0
Free Cash Flow 629 227 429 88 721 50 678.6 394 955 1,721 (488.9) (460) (149) 377.1 285.8 (167.5) 370 362.6 710.4 (7) 1,379.1 740 316 267.7 (22.0) 1,584.8 273 (1,047) (922) 1,215 (219) (938) (370) 1,837 (892) 897 (623) 386 68 (720) (1,666) 1,067.4 350.8 1,235.8 1,285.1 931.8 1,163.2 1,109.0 1,250.4 1,281.3 1,258.6 2,074.1 1,304.3 749.2 2,192.3 1,436.6 468.3 1,172.3 739.4 941.8 665.4 856.6 737.5 652.6 864.8