Penske Automotive Group, Inc. logo PAG - Penske Automotive Group, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 14
HOLD 10
SELL 2
STRONG
SELL
0
| PRICE TARGET: $176.75 DETAILS
HIGH: $190.00
LOW: $160.00
MEDIAN: $178.50
CONSENSUS: $176.75
UPSIDE: 6.10%
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 7,863.6 8,846.4 7,695.3 7,662.3 7,604.5 7,719.9 7,590.8 7,696.7 7,447.8 7,272.1 7,447.8 7,468.5 7,339 7,011.8 6,920.7 6,906.9 6,975.4 6,296.1 6,497.3 6,987.5 5,773.8 5,812.1 5,971.6 3,651.1 5,009.1 5,891.6 5,967.6 5,755.8 5,564.4 5,439.3 5,658.6 5,940.3 5,746.9 5,398 5,524.4 5,383.4 5,081.1 4,887.8 5,152 5,254.1 4,824.6 4,921.3 4,960.1 4,904.4 4,471.1 4,304.6 4,396.7 4,406.7 4,015.2 3,777.5 3,759.1 3,630.6 3,349.3 3,156.9 3,336.0 3,372.5 3,242.3 2,932.5 2,951.0 2,888.4 2,857.2 2,768.1 2,756.1 2,703.7 2,492.4 2,460.4 2,587.9 2,319.4 2,157.9 2,094.2 2,996.4 3,362.7 3,204.5 3,083.8 3,406.0 3,381.6 3,103.2 2,580.8 3,080.6 2,931.7 2,672.9 2,157.2 2,797.2 2,743.8 2,556.9 2,421.4 2,688.0 2,458.6 2,356.3 2,162.2 2,247.6 1,877.2 1,959.4 1,614.7 1,615.2 1,371.6 1,237.9 1,331.2 1,204.1 1,110.8
Cost of Revenue 6,564.2 7,444.1 6,446.2 6,365.7 6,335.5 6,459.1 6,347.6 6,432.6 6,202.6 6,084 6,227.4 6,195.5 6,086.7 5,828.6 5,733.8 5,669.9 5,743.7 5,116.9 5,331.6 5,804.8 4,860.6 4,913.7 5,015.1 3,098.2 4,232.4 5,025.1 5,097.9 4,888 4,712.9 4,631.2 4,806 5,050.5 4,882.5 4,589.7 4,701.8 4,566.1 4,306.8 4,160.5 4,407.8 4,482.8 4,100.8 4,204.2 4,230.9 4,189.3 3,793 3,680.5 3,759.2 3,739.8 3,401.2 3,200.8 3,188 3,071.1 2,822.7 2,673.5 2,890.4 2,859.1 2,735.7 2,481.2 2,483.9 2,424.8 2,402.9 2,336.8 2,326.3 2,273.3 2,081.1 2,063.1 2,165.0 1,925.1 1,789.6 1,756.5 2,535.3 2,861.1 2,710.4 2,622.3 2,902.5 2,885.7 2,636.2 2,190.1 2,622.2 2,487.6 2,256.9 1,807.9 2,385.4 2,338.1 2,168.9 2,047.9 2,308.3 2,106.1 2,012.1 1,850.7 1,928.0 1,604.8 1,680.1 1,395.4 1,396.2 1,179.8 1,054.6 1,142.3 1,031.7 953.3
Gross Profit 1,299.4 1,402.3 1,249.1 1,296.6 1,269 1,260.8 1,243.2 1,264.1 1,245.2 1,188.1 1,220.4 1,273 1,252.3 1,183.2 1,186.9 1,237 1,231.7 1,179.2 1,165.7 1,182.7 913.2 898.4 956.5 552.9 776.7 866.5 869.7 867.8 851.5 808.1 852.6 889.8 864.4 808.3 822.6 817.3 774.3 727.3 744.2 771.3 723.8 717.1 729.2 731.3 689.9 624.1 647.6 666.9 614 576.7 571.1 559.5 526.6 483.4 501.5 513.4 506.6 451.3 467.1 463.6 454.3 431.3 429.9 430.3 411.2 397.3 423.0 394.3 368.3 337.7 461.1 501.5 494.1 461.4 503.5 496.0 467.0 390.7 458.4 444.1 416.1 349.3 411.8 405.7 388.0 373.5 379.7 352.6 344.2 311.5 319.6 272.4 279.3 219.3 219.0 191.8 183.3 188.9 172.5 157.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 965.6 1,036.6 907.5 906.3 913.6 886 885.2 887.5 879.8 844.1 853.5 858.1 844.9 815.5 792.7 817.7 797.8 791.1 757.7 749.8 664.3 625.8 643.3 453.6 641.8 685.1 672.8 668.9 666.4 645 662.8 675.4 663.1 646.2 646.1 622 601.7 579.2 581.2 582.7 558.9 570.7 563.4 553.1 535.8 485.7 502.3 506.5 477.2 417.5 446.4 432.7 407.1 376.6 400.0 409.5 398.6 353.0 375.4 380.4 369.5 360.2 355.9 355.2 341.6 330.0 348.0 328.0 313.0 314.5 384.5 398.5 399.2 372.8 394.6 389.3 375.0 317.1 361.3 345.4 336.6 266.5 323.0 318.1 315.0 295.8 296.6 274.9 276.9 246.1 249.6 250.6 221.1 182.0 170.9 157.9 143.5 142.5 128.9 124.8
Other Expenses 44.8 47.4 42.9 42.1 39.9 41 40.6 38.6 37.8 78.3 35.4 34.1 33.9 32.2 31.5 31.7 31.9 31.8 30.2 30.2 29.3 30.1 29 27.9 28.5 28.6 27.5 27.1 26.4 26.5 25.9 25.7 25.6 25.1 24.3 23.3 22.4 22.9 21.5 24.5 20.8 20.3 19.8 17.4 17.3 0 17.3 24.2 16.1 51.8 15.4 14.7 14.3 14.3 13.7 13.7 13.3 25.8 12.6 12.1 12.3 12.1 12.4 12.1 12.4 14.1 13.6 13.8 12.8 656.2 14.1 13.6 13.5 13.8 13.1 13.3 12.8 11.5 0 11.2 0 8.2 10.6 10.4 10.6 9.5 14.7 9.1 8.8 8.6 7.8 0 0 0 3.0 0 6.8 6.3 5.7 5.4
Operating Expenses 1,010.4 1,084 950.4 948.4 953.5 927 925.8 926.1 917.6 922.4 888.9 892.2 878.8 847.7 824.2 849.4 829.7 822.9 787.9 780 693.6 655.9 672.3 481.5 670.3 713.7 700.3 696 692.8 671.5 688.7 701.1 688.7 671.3 670.4 645.3 624.1 602.1 602.7 607.2 579.7 591 583.2 570.5 553.1 485.7 519.6 530.7 493.3 469.3 461.8 447.4 421.4 390.8 413.7 423.1 412.0 378.8 388.0 392.4 381.8 372.3 368.3 367.2 354.0 344.0 361.6 341.8 325.8 970.6 398.7 412.1 412.7 386.6 407.6 402.6 387.8 328.6 361.3 356.6 336.6 274.7 333.6 328.5 325.6 305.3 311.3 284.0 285.7 254.8 257.4 250.6 221.1 182.0 173.8 157.9 150.3 148.7 134.6 130.2
Operating Income
Operating Income 289 318.3 298.7 348.2 315.5 333.8 317.4 338 327.6 265.7 331.5 380.8 373.5 335.5 362.7 387.6 402 356.3 377.8 402.7 219.6 242.5 284.2 71.4 106.4 152.8 169.4 171.8 158.7 136.6 163.9 188.7 175.7 137 152.2 172 150.2 125.2 141.5 164.1 144.1 126.1 146 158.9 135.5 115.5 128 136.2 120.7 107.3 109.3 112.1 105.2 92.5 87.7 91.0 94.6 72.5 79.1 74.1 72.5 59.1 61.5 63.1 57.2 53.3 61.1 52.6 42.4 (633.0) 63.2 89.4 81.1 71.3 92.4 89.9 79.2 67.8 87.3 93.3 72.0 76.5 79.7 76.7 63.5 69.6 68.4 69.9 58.5 56.7 62.2 21.8 59.1 38.2 45.2 33.9 33.0 40.2 37.9 27.3
Interest Expense 66.5 25.7 64.9 64.9 64 71.3 73.7 66.5 66.1 62 60 55 48.7 41.1 31.7 26 24 17.6 22.2 27.6 27.4 37.6 37.1 40.1 49.4 51.3 54.3 51.4 51.7 49.9 48.5 48.5 48.7 46 44.2 41.9 38.7 36.7 37 32.6 30 32.2 27.7 27.4 26.6 25.5 23.7 24 23.5 23.3 22.9 22.6 21.6 20.5 21.5 21.3 21.6 19.1 18.0 17.4 18.2 20.9 21.0 20.5 21.0 21.7 22.6 22.7 24.0 0 31.5 28.7 28.9 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
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 333.8 413.3 400 443.9 441 427.5 418.7 430.6 398.7 355.4 451.9 489.4 489.5 468.1 530.4 557.3 553.5 469.7 528.5 521.5 304.3 331 377.7 129.2 149.4 219.3 240.2 238.4 211.9 202.9 231.5 250.4 218.6 198.8 207.4 222.1 185.8 174.5 188.6 200.6 170.4 156 176.8 190.2 160.8 166.5 158.2 163.7 141.9 131.9 135.9 135.7 121.8 111.7 92.5 112.5 111.6 92.8 100.6 89.5 82.2 78.3 85.4 84.9 71.5 65.8 79.6 66.7 63.2 (620.3) 82.6 102.6 92.3 86.6 109.0 107.3 92.1 73.6 92.9 64.9 76.4 83.7 87.6 86.4 71.9 78.8 81.2 78.0 67.7 66.1 70.5 28.3 63.4 46.3 102.7 41.6 39.8 46.4 43.6 32.6
EBIT 289 365.9 357.1 401.8 401.1 386.5 378.1 392 360.9 317.8 416.5 455.3 455.6 435.9 498.9 525.6 521.6 437.9 498.3 491.3 275 300.9 348.7 101.3 120.9 190.7 212.7 211.3 185.5 176.4 205.6 224.7 193 173.7 183.1 198.8 163.4 151.6 167.1 176.1 149.6 135.7 157 170.9 142.2 148.3 140.7 146.7 125.8 115.5 120.5 121 107.5 98.7 78.8 99.2 98.6 80.4 88.2 77.6 70.4 66.3 73.6 68.4 59.3 52.2 65.5 52.9 50.3 (633.0) 68.7 89.2 79.0 74.8 96.4 94.4 79.7 62.1 81.5 54.1 66.3 74.6 77.9 76.7 61.7 68.2 67.1 68.5 58.5 56.7 62.2 21.8 57.4 37.3 94.5 33.9 33.0 40.2 37.9 27.3
Income Before Tax 323.7 297.5 292.2 336.9 337.1 315.2 304.4 325.5 294.8 255.8 356.5 400.3 406.9 394.8 467.2 499.6 497.6 420.3 476.1 463.7 247.6 263.3 311.6 61.2 71.5 139.4 158.4 159.9 133.8 126.5 157.1 176.2 144.3 127.7 138.9 156.9 124.7 114.9 130.1 143.5 119.6 103.5 129.3 143.5 115.6 115.9 117 122.7 102.3 92.2 97.6 98.4 85.9 78.2 57.3 77.9 77.0 61.3 70.2 64.8 52.1 45.4 52.5 47.9 38.3 30.5 43.0 30.2 26.3 (658.8) 37.2 60.6 50.1 39.2 61.4 60 25.6 (32.4) (18.4) (17.2) (34.1) (23.4) (20.3) 51.3 (36.2) (26.3) (19.9) (15.9) 34.1 32.7 40.5 2.9 40.2 21.7 23.7 11.6 10.4 20.1 19.8 10.3
Income Tax Expense 89.2 68.8 79.2 86 92.8 77.9 77.4 82.6 78.6 63.8 92.1 97.7 107.3 95.5 125.7 123.7 128.1 108.3 120.1 123.4 64.5 62 64.1 16.5 20.1 38.1 42.4 41.5 34.7 29.6 27.1 41 36.6 (200.8) 44.7 50.2 41.1 32.3 41.7 47.3 39.4 29.8 41.7 47.7 38.8 37.4 39.7 41.3 34.7 29.0 31.3 34.9 28.3 25.3 15.4 27.1 26.9 20.6 13.2 20.5 15.7 14.6 17.4 16.6 14.3 10.3 15.1 10.3 9.9 (155.7) 13.2 21.1 17.8 11.6 22.8 24.1 8.8 10.5 20.6 21.6 15.1 (51.7) 19.6 18.9 14.0 16.4 17.2 21.2 13.4 13.5 15.8 0.6 15.8 9.0 10.4 5.1 4.3 8.9 8.8 4.6
Net Income 234.5 228.1 213 250 244.3 236.4 226.1 241.2 215.2 190.7 263.4 300.8 298.3 298 340.1 374 367.9 311.3 355.1 338.9 182.5 200.2 246.6 45.1 51.7 101.6 116.2 117.8 100.2 98.1 130.2 134.6 108.1 330.1 94.4 106.2 82.6 82.6 87.5 93.5 79.3 70.3 86.6 94 75.2 71.8 74.5 72.9 67.5 59.2 65.3 62 57.7 48.6 41.0 49.1 46.8 47.7 55.7 39.6 33.9 28.5 30.0 29.4 20.4 18.7 27.4 14.1 16.3 (509.9) 22.2 37.8 31.9 29.4 43.4 40.4 14.6 29.9 33.7 36.7 24.0 30.1 32.8 33.2 22.9 26.1 32.4 33.0 20.2 20.1 23.9 0.7 23.9 11.3 13.4 6.6 6.1 11.2 7.1 5.6
Per Share Data
EPS (Basic) 3.56 2.83 3.23 3.78 3.66 3.54 3.39 3.61 3.21 2.84 3.92 4.41 4.31 4.21 4.61 4.93 4.76 3.99 4.47 4.20 2.26 2.49 3.07 0.56 0.64 1.25 1.42 1.42 1.19 1.16 1.53 1.58 1.26 3.85 1.10 1.23 0.96 0.97 1.03 1.11 0.90 0.80 0.96 1.04 0.84 0.88 0.85 0.87 0.74 0.69 0.73 0.69 0.63 0.54 0.45 0.54 0.52 0.53 0.61 0.43 0.37 0.31 0.33 0.32 0.22 0.20 0.30 0.15 0.18 -5.57 0.24 0.40 0.34 0.31 0.46 0.43 0.16 0.32 0.36 0.39 0.26 0.16 0.18 0.18 0.13 0.15 0.19 0.19 0.12 0.12 0.14 0.00 0.14 0.11 0.13 0.07 0.07 0.31 0.19 0.11
EPS (Diluted) 3.56 2.83 3.23 3.78 3.66 3.53 3.39 3.61 3.21 2.84 3.92 4.41 4.31 4.21 4.61 4.93 4.76 3.99 4.47 4.20 2.26 2.49 3.07 0.56 0.64 1.25 1.42 1.42 1.19 1.16 1.53 1.58 1.26 3.85 1.10 1.23 0.96 0.97 1.03 1.10 0.90 0.78 0.96 1.04 0.83 0.88 0.83 0.81 0.75 0.66 0.72 0.69 0.64 0.54 0.45 0.54 0.52 0.53 0.61 0.43 0.37 0.31 0.33 0.32 0.22 0.20 0.30 0.15 0.18 -5.48 0.24 0.40 0.33 0.31 0.46 0.43 0.15 0.32 0.36 0.39 0.25 0.32 0.35 0.35 0.25 0.28 0.35 0.36 0.24 0.25 0.29 0.01 0.14 0.08 0.10 0.05 0.16 0.20 0.12 0.10
Shares Outstanding 65.8 65.8 66 66.2 66.8 66.8 66.8 66.9 67.1 67.2 67.3 68.2 69.2 70.8 73.7 75.8 77.2 78.1 79.5 80.7 80.6 80.4 80.4 80.5 81.1 81.1 81.6 82.9 84.4 84.8 84.9 84.9 86 85.8 86 86.1 85.6 85.2 85.2 84.2 88.3 87.4 90.1 90.2 89.5 81.7 87.7 84.3 90.5 85.9 89.5 90.3 90.5 90.3 90.3 90.3 90.3 90.6 91.4 92.6 92.6 91.8 92.1 92.1 91.9 91.5 91.5 91.5 91.5 91.6 93.7 95.4 95.1 94.2 94.2 94.0 93.8 93.8 93.8 93.9 93.5 93.1 186.2 185.6 174.5 174.5 174.5 174.5 174.5 174.5 174.5 174.5 153.5 102.0 93.6 89.8 38.0 38.0 40.9 42.6
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 1995 Q4
Current Assets
Cash & Cash Equivalents 83.7 64.7 80.3 155.3 118.4 72.4 91.9 115.1 116.9 96.4 104.4 119.6 100.6 106.5 92.3 154.9 170.3 100.7 119.2 165.2 94.6 49.5 92.7 159.3 431.9 28.1 77.5 43.8 43.5 39.4 37.6 45.8 52.8 45.7 37.2 20.7 72.2 24 89.4 97.5 45.6 17.7 23.5 13.8 21.9 11.5 24.8 19.8 16.1 13.4 15.5 11.5 8.1 0.7 4.7 1.6 0.5 7.4 14.0 20.0 15.5 19.8 44.1 43.7 23.1 38.5 29.7 45.7 26 96 176.4 48.3 36.1 69.6 8 5.2
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.4 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
Net Receivables 1,084 1,070.3 993.3 1,043.1 1,201.6 1,002.1 1,021.7 1,040.5 1,062.8 1,114.6 958.8 890.6 920.2 906.7 831.3 774.3 835.2 734 737.7 913.3 861.5 806.9 848.2 756.6 616.3 960.3 967.3 944.4 1,034.1 929.1 953.4 919.6 1,035.4 954.9 938.8 827.7 852.2 879 853.9 827.8 835.6 351.0 378.4 322.6 321.7 312.0 495.1 345.3 358.4 342.4 358.2 324.8 310.4 305.3 223.6 248.4 221.8 190.8 189.4 165.1 148.2 140.5 138.1 141.5 128.2 125.5 124.4 123.4 115.5 92.6 80.4 80.9 61.3 52 43.7 27.3
Inventory 4,891.5 4,814.7 4,705.1 4,849.6 4,500.3 4,640.2 4,822.4 4,705.9 4,424.1 4,293.1 3,700.2 3,881.3 3,630.4 3,509.1 3,146.9 3,055.2 3,120 3,129 2,598.4 2,936.9 3,277.8 3,425.6 3,209.7 3,425.9 4,262.7 4,260.7 4,043.9 3,978 4,104.1 4,040.1 3,783.4 3,895.1 3,972.2 3,944.1 3,770.3 3,711.9 3,565.8 3,408.2 3,279.7 3,351.8 3,513.4 1,364.7 1,384.2 1,306.5 1,264.8 1,360.2 1,557.3 1,263.1 1,281.6 1,183.9 1,095.1 1,087.4 973.2 885.8 661.2 750.5 743.1 737.9 592.7 595.1 553.8 508.3 420.8 455.9 436.5 410.3 359.6 399.4 453.3 324.3 248.6 267.7 213.6 168.9 126.8 101.6
Other Current Assets 259.4 242.9 233.6 242.7 233.3 213.1 242.8 217.7 206.8 175.6 215.2 194.9 171.7 141.9 139.8 147.9 140.4 111.7 121.4 126.9 125 126.8 198.8 76.6 85.2 85 98.8 109.1 101.5 86.6 91.8 97.5 105 81.8 96.5 104.2 99.3 110.3 112.8 108.5 111.3 107.1 110.1 100.6 105.5 99.6 252.5 52.2 44.1 48.4 42.2 40.3 36.5 33.8 20.1 19.9 15.4 15.5 11.7 11.4 11.0 10.7 15.1 15.2 16.8 16.4 24.8 21.7 21.5 20.4 9.6 7.6 17.3 11.8 4.2 7.5
Total Current Assets 6,318.6 6,192.6 6,012.3 6,290.7 6,053.6 5,927.8 6,178.8 6,079.2 5,810.6 5,679.7 4,978.6 5,086.4 4,822.9 4,664.2 4,210.3 4,132.3 4,265.9 4,075.4 3,576.7 4,142.3 4,358.9 4,408.8 4,349.4 4,418.4 5,396.1 5,334.1 5,187.5 5,075.3 5,283.2 5,095.2 4,866.2 4,958 5,165.4 5,026.5 4,842.8 4,664.5 4,589.5 4,421.5 4,335.8 4,385.6 4,505.9 1,840.4 1,896.3 1,743.5 1,713.8 1,783.3 2,329.8 1,680.4 1,700.1 1,588.7 1,510.9 1,463.9 1,328.7 1,225.6 909.5 1,020.4 980.7 951.6 807.9 791.6 728.5 679.3 618.1 656.3 604.6 590.7 538.5 590.2 616.3 533.3 515 404.5 328.3 302.3 182.7 141.6
Non-Current Assets
Property, Plant & Equipment 5,818.7 5,768.4 5,639.2 5,659.9 5,519.2 5,473.4 5,525.2 5,380.4 5,303.9 5,170.7 5,033.2 5,013.6 4,942.4 4,912.6 4,802.4 4,837.7 4,896.7 4,893.6 4,789.5 4,854.9 4,791.7 4,820.9 4,716.6 4,604.8 4,590 4,726.9 4,693.7 4,689.8 4,692.5 2,250 2,178.2 2,144.9 2,173.5 2,108.6 2,091.4 1,990.3 1,874.7 1,806.5 1,587.8 1,576.7 1,545.8 707.8 720.6 726.8 710.9 666.6 566.1 430.3 408.5 371.3 381.9 346.8 313.5 274.3 169.6 145.9 131.0 107.1 93.4 90.1 76.9 68.2 58.3 57 55.1 51.5 52.2 44.8 43.4 37.6 34.5 32.9 24.9 22.3 16.2 12.1
Goodwill 2,820.1 2,435.7 16 2,431.9 2,383.3 2,371.3 2,405.7 2,356.4 2,316.6 2,234.9 2,246.1 2,208.9 2,162.5 2,154.7 2,112.9 2,139.7 2,156.5 2,124.1 2,050.9 2,071 1,928.5 1,928.4 1,901.1 1,878.1 1,868.8 1,911 1,876.5 1,749.3 1,760.7 1,752 1,692.6 1,700.7 1,731.8 1,660.5 1,660.4 1,641.3 1,538.4 1,291.3 1,313.8 1,313.4 1,325.6 795.4 802.8 810.3 817.8 774.3 1,321.6 0 0 0 0 951.3 945.3 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 1,295.4 1,164.2 26 1,028.6 1,006.3 1,011.6 1,013.2 931.9 836 748.2 737.4 718.6 692.3 690.9 681.1 677.9 661 641.5 600.7 605.5 561.6 563.4 554.4 545.6 541 552.2 547.4 485.7 487.2 486.2 471.9 474.1 481.4 474 473.3 467.7 447 420.1 411.4 408.8 409.2 199.6 201.5 201.8 203.7 196.3 299.2 1,092.5 1,093.2 1,085.0 1,048.4 0 0 957.4 743.5 741.4 726.1 664.5 586.6 540.0 530.9 495.0 497.9 490.6 484.5 482 470.3 457.3 439.5 326.8 297 288.4 187.4 177.2 76.4 48.8
Long-Term Investments 0 1,923.7 1,890.2 1,859.4 1,857.3 1,827 1,849.6 1,814.1 1,805.5 1,774.9 1,753.3 1,709.1 1,719.5 1,636.9 1,733.8 1,672.9 1,645.1 1,688.1 1,668.2 1,604.1 1,554.3 1,500.3 1,465.7 1,409.5 1,400.7 1,399 1,362.8 1,342.2 1,332.4 1,305.2 1,299.7 1,279.2 1,276.2 1,256.6 1,184.9 921.5 906.8 893.4 891.3 371.1 366.6 280.8 276.1 295.5 287.1 285.3 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
Other Non-Current Assets 2,065.4 113.1 3,535.1 122.9 112.2 109.8 92.9 71.5 73.9 63.1 61.4 60.3 56.2 55.3 47.6 43.6 40.7 41.9 33.3 29 27 25.4 22.5 19.7 20.2 19.5 21.6 18.8 18.9 15.9 18.3 13.6 14.7 14.4 29.5 26.6 39 28.3 19.3 19.6 19.8 14.6 18.9 18.2 18.3 19.2 102.0 86.0 105.9 92.2 81.3 113.9 102.8 97.2 34.6 38.5 40.3 39.5 35.8 32.7 32.9 36.8 43.8 47.4 56 60 85.9 80.1 73.5 78 41.1 30 31.1 21.2 42.7 33.5
Total Non-Current Assets 11,999.6 12,185.5 11,106.5 11,102.7 10,878.3 10,793.1 10,886.6 10,554.3 10,335.9 9,991.8 9,831.4 9,710.5 9,572.9 9,450.4 9,377.8 9,371.8 9,400 9,389.2 9,142.6 9,164.5 8,863.1 8,838.4 8,660.3 8,457.7 8,420.7 8,608.6 8,502 8,285.8 8,291.7 5,809.3 5,660.7 5,612.5 5,677.6 5,514.1 5,439.5 5,047.4 4,805.9 4,439.6 4,223.6 3,689.6 3,667 1,998.2 2,019.9 2,052.5 2,037.8 1,941.8 2,288.9 1,608.8 1,607.5 1,548.5 1,511.6 1,412.0 1,361.6 1,328.9 947.6 925.8 897.4 811.1 715.8 662.9 640.7 600.0 600 595 595.6 593.5 608.4 582.2 556.4 442.4 372.6 351.3 243.4 220.7 135.3 94.4
Total Assets 18,318.2 18,378.1 17,118.8 17,393.4 16,931.9 16,720.9 17,065.4 16,633.5 16,146.5 15,671.5 14,810 14,796.9 14,395.8 14,114.6 13,588.1 13,504.1 13,665.9 13,464.6 12,719.3 13,306.8 13,222 13,247.2 13,009.7 12,876.1 13,816.8 13,942.7 13,689.5 13,361.1 13,574.9 10,904.5 10,526.9 10,570.5 10,843 10,540.6 10,282.3 9,711.9 9,395.4 8,861.1 8,559.4 8,075.2 8,172.9 3,838.7 3,916.2 3,796.0 3,751.5 3,725.1 4,618.6 3,289.3 3,307.7 3,137.2 3,022.6 2,876.0 2,690.3 2,554.5 1,857.1 1,946.2 1,878.1 1,762.7 1,523.6 1,454.5 1,369.3 1,279.3 1,218.1 1,251.3 1,200.2 1,184.2 1,146.9 1,172.4 1,172.7 975.7 887.6 755.8 571.7 523 318 236
Current Liabilities
Account Payables 937 899.8 960.5 882.5 976.1 851.7 926.7 943.4 962.9 866.9 922.1 943.5 922.2 853.5 828 841.1 889 767.1 808.8 838 690.5 675.4 717.2 679.4 589.8 638.8 672.3 638.5 668.5 598.2 633.8 680 720.5 641.6 609 559.9 555.9 497.4 506.1 554.8 541.5 209.5 213.5 190.0 215.6 201.8 264.5 190.4 210.9 162.4 160.0 151.6 127.6 300.2 66.4 65.5 67.4 55.3 57.4 48.0 48.1 47.1 45.8 41.7 35.9 38.4 46 45.5 46.8 30.2 34.7 33.4 24.3 24.1 23.3 12.4
Short-Term Debt 4,570.4 4,550.8 305.4 5,105.2 4,742.4 4,745.2 4,920.1 4,312.6 4,071.2 3,981.2 3,213.1 3,301.9 2,977.6 3,071.5 2,672.2 2,520.6 2,627.7 2,636.7 2,105 2,647.2 3,109.6 3,231.8 2,616 3,324.8 3,993.7 4,109.8 3,951.5 3,879.1 4,002.4 3,882.8 3,621.2 3,696 3,853.7 3,834.6 3,678.4 3,585.9 3,449.6 3,366.1 3,262.4 3,078.9 3,504.3 1,334.3 1,373.2 1,205.4 1,218.2 1,248.3 1,514.4 1,187.1 1,200.1 1,130.6 1,032.3 1,005.6 897.1 800.1 669.1 726.0 711.4 731.1 545.6 558.3 515.8 488.8 422.5 55.8 449.1 422 358.8 402 456.3 344.6 257.3 280.4 227.5 177.3 138.2 114
Deferred Revenue 0 299.3 139 294.6 290.1 266.8 312.6 301 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,046.2 529.2 4,557.3 (294.6) (290.1) (266.8) (312.6) 87.8 0 0 371.4 381 370.9 291.7 361.3 383.3 392.9 297.5 357.2 372 361.9 263.4 366.4 345 330.8 263.4 368.9 358.2 365 270.5 272.4 279.6 311.2 303.3 0.7 0.7 0.8 6.1 5.1 4.6 5.1 0.5 4.6 7.1 8.2 10.6 73.0 0 0 19.6 0 0 31.4 0 0 0 0 72.1 61.6 47 47.1 46.3 56.8 489 41.3 45.1 56.2 50.7 40.4 56.4 25.7 21.9 18.3 22.8 10.4 13
Total Current Liabilities 6,553.6 6,279.1 6,202.2 6,992.6 6,702.1 6,485.9 6,754.3 6,172.9 5,910.1 5,657.9 4,949.1 5,068.5 4,760.9 4,713.1 4,313.4 4,214.8 4,413.2 4,274.6 3,836.7 4,402.5 4,588.7 4,674.9 4,108.5 4,689.5 5,229.3 5,451 5,346.5 5,169.9 5,376.1 5,048.3 4,825.9 4,906.4 5,138.8 5,000.4 4,676.6 4,559.7 4,420.2 4,229.6 4,162.8 4,041.6 4,438.9 1,763.1 1,826.5 1,629.8 1,645.3 1,659.8 2,142.0 1,573.5 1,577.5 1,497.3 1,368.2 1,299.8 1,199.5 1,100.3 816.0 858.7 847.9 858.6 664.6 653.3 611.0 582.3 525.1 586.5 526.3 505.5 461 498.2 543.5 431.2 317.7 335.7 270.1 224.2 171.9 139.4
Non-Current Liabilities
Long-Term Debt 2,213.8 1,810.5 1,265.6 906.7 993 1,130.8 1,132.2 1,594.6 1,461.9 1,419.5 1,537.3 1,613.6 1,619.8 1,546.9 1,561.9 1,407.5 1,383.9 1,392 1,356.7 1,436.3 1,492.5 1,602.1 2,216.1 2,054.1 2,516.1 2,257 2,282.5 2,134.2 2,118.3 2,124.7 1,993.3 2,059.6 2,136.9 2,090.4 2,170.5 1,955.8 1,989 1,828.8 1,833.5 1,613.1 1,330.1 844.3 862.8 934.0 949.0 1,008.1 792.7 544.4 571.9 643.1 753.1 715.1 651.2 646.8 463.6 524.8 486.5 377.7 390.9 335.1 286.8 218.5 214.3 238.9 279.2 288.3 303.4 301.4 273.8 238.6 237.4 93.7 11.8 11.1 45.7 24.1
Deferred Tax Liabilities 1,198.7 1,980.8 1,277.7 1,202.6 1,212.8 1,231 1,243.6 1,229 1,245.2 1,231.7 1,211.5 1,156.6 1,138 1,121 1,114.7 1,083.9 1,056.9 1,060.4 1,003.4 978 918.2 873.1 853.3 689.2 702.2 677.9 620.7 604.1 591.4 577.8 547.9 530.8 505.5 481.5 771.6 655.2 608.6 592.7 525.6 449.4 437.8 159.9 156.2 157.5 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 4.7 8.4 8.4 4.9 4.9 2.3 2.3
Other Non-Current Liabilities 239.9 265.3 258.4 258.1 247.6 253.3 264.7 253.3 275.8 270.8 259.6 239.9 223.2 223.1 200 222.5 239 269 315 351.8 388.6 420.7 429 413.1 427.6 444 446 461.6 450 519 547.8 547.9 567.4 540.3 551.6 524.5 480.7 430.5 248.8 238.2 242.1 109.7 127.7 128.7 259.2 228.7 280.2 166.0 185.1 168.3 160.5 148.7 135.2 118.0 83.5 74.4 76.3 64.7 45.7 45.7 46.7 47.6 52.4 53 52.2 48.7 22.6 30.6 22.1 0.6 0.4 0.5 1.4 1.3 4.1 7.4
Total Non-Current Liabilities 6,082.4 6,518.1 5,191.3 4,769.4 4,817.1 5,007.7 5,077.1 5,474.3 5,390.3 5,258 5,309.8 5,318.7 5,283.5 5,226.7 5,186.7 5,069.9 5,088.3 5,095 5,016.2 5,141.6 5,148.6 5,246.2 5,817.7 5,409 5,880 5,680.1 5,683.9 5,530.2 5,537.9 3,221.5 3,089 3,138.3 3,209.8 3,112.2 3,493.7 3,135.5 3,078.3 2,852 2,607.9 2,300.7 2,010 1,113.9 1,146.7 1,220.2 1,208.2 1,236.8 1,072.9 710.3 757.0 811.5 913.6 863.8 786.4 764.8 547.1 599.2 562.8 442.5 436.6 380.8 333.5 266.2 266.7 291.9 331.4 337 326 332 295.9 243.9 246.2 102.6 18.1 17.3 52.1 33.8
Total Liabilities 12,636 12,797.2 11,393.5 11,762 11,519.2 11,493.6 11,831.4 11,647.2 11,300.4 10,915.9 10,258.9 10,387.2 10,044.4 9,939.8 9,500.1 9,284.7 9,501.5 9,369.6 8,852.9 9,544.1 9,737.3 9,921.1 9,926.2 10,098.5 11,109.3 11,131.1 11,030.4 10,700.1 10,914 8,269.8 7,914.9 8,044.7 8,348.6 8,112.6 8,170.3 7,695.2 7,498.5 7,081.6 6,770.7 6,342.3 6,448.9 2,876.9 2,973.1 2,850.0 2,853.5 2,896.6 3,214.8 2,283.8 2,334.4 2,308.8 2,281.8 2,163.6 1,985.9 1,865.1 1,363.1 1,457.9 1,410.8 1,301.0 1,101.2 1,034.1 944.5 848.5 791.8 878.4 857.7 842.5 787 830.2 839.4 675.1 563.9 438.3 288.2 241.5 224 173.2
Stockholders' Equity
Common Stock 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 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 5,873.2 5,750.1 5,910.9 5,786.1 5,704.3 5,565.2 5,408.7 5,254.3 5,113.1 4,990.3 4,865 4,657.9 4,635.8 4,483.3 4,504.5 4,506.7 4,336.9 4,196.6 3,921.5 3,602.5 3,299.2 3,151.3 2,985 2,738.4 2,693.3 2,675.8 2,607.7 2,524.3 2,438.8 2,365.8 2,299.2 2,199.7 2,094.9 2,009.4 1,707.6 1,640.9 1,561.5 1,504.5 1,446.7 1,383.1 1,312.7 246 216.6 196.2 150.1 136.0 566.7 257.1 228.7 212.6 171.4 147.5 133.8 133.1 68.1 59.6 46.1 41.5 23.9 29.3 22.2 16.5 10.7 1.4 (7.2) (10.9) 7.9 (0.4) (8.7) (9.8) 13.6 7.9 0.3 (3) 0.6 (5.5)
Accumulated Other Comprehensive Income (209.5) (187.7) (203.6) (172.4) (309.6) (364.5) (212.4) (299.7) (297.3) (264.1) (341.6) (275.8) (312.5) (335.3) (441) (311.9) (198.1) (168.8) (190.2) (147.8) (155.4) (160.6) (221.9) (274.8) (299.5) (202.8) (286) (240.3) (225.7) (234.5) (203.8) (186.4) (114.7) (146.5) (151.6) (186.2) (225) (250.7) (188.7) (177.6) (122.7) (26.6) (15.5) 0 0 (43.6) 106.8 39.0 37.0 33.7 0.2 0.2 0 (8.4) (13.2) (8.0) (15.0) 0 0 0 0 0 0 (14) (12.4) 0 (9.9) (10.6) (7.3) (6.4) (3.6) (3.6) (3.6) (3.6) 0 0
Total Stockholders' Equity 5,682.2 5,562.4 5,707.3 5,613.7 5,394.7 5,209.8 5,203.3 4,954.6 4,815.8 4,726.2 4,523.4 4,382.1 4,323.3 4,148 4,063.5 4,194.8 4,138.8 4,070 3,842.1 3,738.7 3,462.2 3,302.5 3,064.3 2,759.9 2,689.7 2,793.4 2,638.9 2,640.5 2,641.2 2,609.1 2,583.3 2,497.2 2,465.4 2,395.2 2,079 1,984.3 1,867.7 1,750.9 1,752.3 1,695.8 1,681.6 958.1 939.5 942.5 894.4 825.0 1,403.8 1,005.5 973.2 828.4 740.8 712.3 704.4 689.4 494.0 488.3 467.4 461.7 422.5 420.4 424.8 430.9 426.3 372.9 342.5 341.6 359.9 342.2 333.3 300.6 323.7 317.5 283.5 281.5 78.2 49.2
Total Liabilities & Equity 18,318.2 18,378.1 17,118.8 17,393.4 16,931.9 16,720.9 17,065.4 16,633.5 16,146.5 15,671.5 14,810 14,796.9 14,395.8 14,114.6 13,588.1 13,504.1 13,665.9 13,464.6 12,719.3 13,306.8 13,222 13,247.2 13,009.7 12,876.1 13,816.8 13,942.7 13,689.5 13,361.1 13,574.9 10,904.5 10,526.9 10,570.5 10,843 10,540.6 10,282.3 9,711.9 9,395.4 8,861.1 8,559.4 8,075.2 8,172.9 3,838.7 3,916.2 3,796.0 3,751.5 3,725.1 4,618.6 3,289.3 3,307.7 3,137.2 3,022.6 2,876.0 2,690.3 2,554.5 1,857.1 1,946.2 1,878.1 1,762.7 1,523.6 1,454.5 1,369.3 1,279.3 1,218.1 1,251.3 1,200.2 1,184.2 1,146.9 1,172.4 1,172.7 975.7 887.6 755.8 571.7 523 318 236
Debt Metrics
Total Debt 9,214.2 8,822.8 3,960.6 8,413.9 8,099.1 8,268.6 8,488.9 8,304.6 7,940.5 7,736.7 7,051.8 7,224.1 6,899.9 6,954.1 6,544.2 6,284.1 6,420.1 6,402.3 5,802.8 6,459 6,951.4 7,184.2 7,151.4 7,631.5 8,743.9 8,668 8,568.7 8,343.6 8,498.9 6,007.5 5,614.5 5,755.6 5,990.6 5,925 5,848.9 5,541.7 5,438.6 5,194.9 5,095.9 4,692 4,834.4 2,178.6 2,236.0 2,139.4 2,167.2 2,256.4 2,307.1 1,731.4 1,772.0 1,773.8 1,785.4 1,720.7 1,548.3 1,446.9 1,132.7 1,250.8 1,198.0 1,108.9 936.5 893.4 802.6 707.4 636.8 294.7 728.3 710.3 662.2 703.4 730.1 583.2 494.7 374.1 239.3 188.4 183.9 138.1
Net Debt 9,130.5 8,758.1 3,880.3 8,258.6 7,980.7 8,196.2 8,397 8,189.5 7,823.6 7,640.3 6,947.4 7,104.5 6,799.3 6,847.6 6,451.9 6,129.2 6,249.8 6,301.6 5,683.6 6,293.8 6,856.8 7,134.7 7,058.7 7,472.2 8,312 8,639.9 8,491.2 8,299.8 8,455.4 5,968.1 5,576.9 5,709.8 5,937.8 5,879.3 5,811.7 5,521 5,366.4 5,170.9 5,006.5 4,594.5 4,788.8 2,160.9 2,212.4 2,125.4 2,145.3 2,245.0 2,282.3 1,711.6 1,755.9 1,760.3 1,770.0 1,709.2 1,537.6 1,446.2 1,128.0 1,249.2 1,197.5 1,101.5 922.5 873.4 787.0 687.5 592.7 251 705.2 671.8 632.5 657.7 704.1 487.2 318.3 325.8 203.2 118.8 175.9 132.9
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 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4
Operating Activities
Net Income 234.9 186.1 214.2 250.9 244.3 236.4 226.1 241.2 216.2 192 264.4 302.6 299.6 302.8 341.5 374 369.5 316.2 356.3 338.8 183.1 200.2 246.5 44.7 51.5 100.9 116.1 117.7 99.2 98.1 130.1 134.6 107.8 330.1 94.3 106.9 83 86.1 87.4 93.5 80.2 32.8 33.2 22.9 33.0 20.2 20.1 25.3 23.9 13.7 0.7 22.0 23.9 15.7 11.3 13.5 13.4 6.1 15.1 7.1 5.6 5.5 9 8.6 3.7 (18.2) 8.2 8.2 2.3 (26.6) 5.6 7.6 3.3 1.4
Depreciation & Amortization 44.8 44.8 42.9 42.1 39.9 41 40.6 38.6 37.8 37.6 35.4 34.1 33.9 32.2 31.5 31.7 31.9 31.8 30.2 30.2 29.3 30.1 29 27.9 28.5 28.6 27.5 27.1 26.4 26.5 25.9 25.7 25.6 25.1 24.3 23.3 22.4 22.9 21.5 24.5 20.8 9.6 9.0 10.6 9.5 8.8 9.3 8.5 7.9 7 6.5 5.3 6.0 4.6 9.0 8.7 8.3 6.8 6.3 5.7 5.4 4.9 5 4.6 4.6 3.7 4.8 4.4 3.6 2.9 2.7 2.4 1.7 5.2
Stock-Based Compensation 8.1 0 7.4 8.9 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.5 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
Change in Working Capital 29.1 (231) (117) (54.6) 171.6 (48.8) 30 0.2 220.7 (114.8) 104.1 (21.7) 46.1 (174.2) (15) 136.4 57.4 (421.4) 70.5 310.4 40.5 130 (318.6) 530.6 118.1 (299.4) 218.6 76.4 (19.1) (91) (28.6) 84.5 35.1 132 (68.9) (34) 42.9 (261.6) 27 62.4 (16.8) (10.0) 0.5 (8.0) 19.2 (22.9) 44.3 (24.8) 43.1 (26.2) (21.8) (41.3) 21.9 (15.1) (29.0) 80.8 (26.0) 16.2 (1.0) (20.9) (18.9) (18.4) 4.2 7.1 (11.7) 5.9 (2.4) 10.8 0.1 (8.5) 1.1 3 (4.9) 6.8
Other Non-Cash Items (101.2) 32.6 80.5 (36.9) (84.9) 7.7 (33.3) (28.3) (33.3) (56.9) (48.4) (34.1) (82.1) 79.5 (67.9) (76.9) (119.6) (22.6) (69.2) (60.2) (55.4) (24.9) (48.5) (23.1) (14.5) (16.3) (24.3) (25.8) (27) 3.3 (24.2) (27.3) (17.3) (17.4) (19) (13.6) 0.8 (4.6) (20.6) (6.7) (5) 10.1 6.4 0.7 (9.4) 3.2 (5.2) 23.2 0.8 4.0 83.6 2.1 (1.2) 0.4 (2.8) 10.6 5.6 14.9 (8.1) 11.2 0.2 (38.1) 6.1 4 0.9 37 (9) (4.1) (15.7) 31.8 (4.6) 1.7 (6.9) (6.1)
Operating Cash Flow 215 64.1 306.5 189.7 355.7 217.7 271 235.1 456 71.4 417.7 293.3 311.2 250.8 329 498.6 380.6 (37.5) 414 677.5 239.3 351.8 65.2 572.5 212 (142.4) 356.4 213.3 91.3 78.5 119 242.3 174.9 156.2 146.4 129.3 191.6 (91.7) 192.7 188.8 83.1 47.7 53.4 26.2 52.4 9.0 96.5 32.2 75.6 5.1 69.0 (11.9) 50.6 5.6 (11.6) 113.7 1.3 44.1 12.3 3.1 (7.7) 4.3 24.3 24.3 (2.5) 28.4 1.6 19.3 (5.6) (14.7) 4.8 15.6 (6.8) 5.3
Investing Activities
Capital Expenditure (62.6) (98.1) (79.1) (70.8) (76.6) (86.1) (80.9) (99.2) (102.5) (103.2) (86.6) (83.1) (102.4) (86.8) (57.6) (81.9) (56.2) (91.4) (66.7) (48.4) (42.4) (71.6) (37.5) (51.1) (25.7) (56.5) (54.3) (71.4) (63.1) (117.1) (69.7) (54.1) (64.7) (66.9) (66.7) (76.5) (36.9) (31.4) (35) (89.9) (46.8) (62.7) (53.1) (49.7) (41.7) (49.3) (63.0) (52.6) (42.1) (41.6) (45.7) (52.1) (51.5) (36.4) (16.0) (27.4) (17.8) (14.1) (0.2) (14.0) (9.0) 32.6 (14.2) (8.7) (5.0) (16.6) (16.9) (31.3) (85.4) (143.4) (15.9) (63.6) (10.5) (68.8)
Acquisitions 0 41.5 (15.3) 17.4 81.8 (128.1) (196.6) (197.2) (243.6) (3.6) (130.8) (80.5) 0 0 (167.5) (132.3) (93.6) (153.8) 0 (266.7) 0 0 0 0 0 11.6 (325.8) 0 (1.1) (140.5) 0 (12.1) (156.5) 0 (17.8) (117.7) (314.2) (34.8) (40.6) (65) (0.4) (13.0) (13.4) (34.8) (1.2) (2.5) (13.9) (26.7) (70.0) 0 (5.7) (39.5) (2.7) (149.5) (32.6) (16.3) (17.3) (66.1) (64.6) (20.2) (46.2) 0 0 0 (4.6) 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (5.5)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (571.8) (2.1) 13 15 (1.7) 60.7 45.3 (2.5) (6.3) (3.8) 17.1 7.7 (3.1) 29.4 (2.2) 7 0 (1.8) 22.2 1.8 24.1 23.7 (3.3) 19.4 9.6 15.6 (1.3) (0.7) 14.3 23.9 4.4 9.1 52.1 (6.2) (240.7) (1.4) 18.7 15.2 (483) 0.7 (24) 23.6 30.9 40.7 17.3 3.8 120.9 11.8 0 (44.8) 5.5 30 0 50 (83.4) 0 (0.1) 0 0 0 0 0 0 4.6 0 0 0.2 0 0 81.2 (81.2) 2.6 (2.6) 5.1
Investing Cash Flow (634.4) (58.7) (81.4) (38.4) 3.5 (153.5) (232.2) (298.9) (352.4) (110.6) (200.3) (155.9) (105.5) (57.4) (227.3) (207.2) (149.8) (247) (44.5) (313.3) (18.3) (47.9) (40.8) (31.7) (16.1) (29.3) (381.4) (72.1) (49.9) (233.7) (65.3) (57.1) (169.1) (73.1) (325.2) (195.6) (332.4) (51) (558.6) (154.2) (71.2) (53.0) (34.0) (44.0) (25.5) (48.1) 44.1 (67.5) (112.1) (44.8) (45.9) (61.6) (54.2) (135.9) (48.6) (43.6) (35.1) (80.2) (64.9) (34.3) (55.2) 32.6 (14.2) (8.7) (9.7) (16.6) (16.7) (31.3) (85.4) (62.2) (15.5) (61) (13.1) (69.2)
Financing Activities
Net Debt Issuance 558.7 515.6 (432.1) 57.7 (192.9) 20 8.4 87.9 18 (88.2) (101.6) 272.1 (57.3) (25.9) 162.2 (88.4) (3.4) 480.3 (89.4) (522.9) (233.1) 7.4 (540.6) (1,136.1) 146.7 130.4 229.4 (101.8) 49.5 99.6 (139.3) (61.5) 100.7 92.3 212.4 99.4 153.1 123.2 380.8 289.4 111.5 2.1 (16.9) 12.5 (27.6) (79.4) (137.1) 32.8 31.2 47.5 6.6 57.8 13.2 0.6 60.4 (64.6) 36.3 12.3 49.9 47.1 70.3 (9.3) (55.8) (25.8) (3.2) (1.5) (1.5) 28.1 22.5 (11.8) 146.3 0 0 (45)
Stock Repurchased (26.3) (40.1) (7.8) (71.3) (39.9) (0.6) (0.1) (25.2) (32.9) (17.6) (13.1) (217.9) (110.2) (284.5) (309.4) (156.2) (119.2) (73.7) (178.8) (28.1) 0 0 0 0 (29.4) 4.9 (43.5) (76.3) (54.3) (13.1) 0 (5.8) (50) 0 (10) (5.8) (2.7) 0 0 (5.7) (167.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 (3.4) 0 0 0.4 (3.4) (11.5) (11.7) 0 0 0 0 0 0 0 0 0 0 0 (8.8) 0
Dividends Paid (92.6) (91.1) (87.3) (83.6) (81.8) (79.7) (71.7) (64.4) (58.6) (53.3) (48.6) (44.9) (42.3) (40.5) (39.2) (38) (36.4) (36.2) (36.1) (35.6) (34.6) (33.9) 0 0 (34.2) (33.5) (32.8) (32.3) (32.2) (31.5) (30.7) (29.8) (29.2) (28.3) (27.7) (26.8) (25.6) (24.8) (23.9) (23.1) (23.3) (5.1) (5.1) (5.1) (4.6) (4.1) (4.1) 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 0
Other Financing Activities (1.2) (416.4) 227 (22.3) (0.1) (20.7) (0.2) 63.7 (8.6) 188.9 (68) (127.1) (2) 168.2 30.1 (0.1) (0.1) (104.4) (107.1) 290.6 93.6 (323.1) 441.5 321 126.8 19.8 (94) 69.4 (0.1) 103 108.4 (94.2) (20.9) (138.5) 19.9 (52.1) 62.8 (31.6) 13.5 (235.9) 50.3 (2.5) (9.0) 14.9 0 0 0 (9.4) 8.4 2.2 (22.3) 14.2 0 0 0 (0.1) 0 0 0 0 0 (0.2) 0 30.7 0 0 (0.2) 3.1 (1.9) 9.5 (7.3) 50.9 (1.4) 0.5
Financing Cash Flow 438.6 (32) (300.2) (119.5) (314.7) (81) (63.6) 62 (82.1) 29.8 (231.3) (117.8) (211.8) (182.7) (156.3) (299.9) (159.1) 266 (411.4) (296) (174.1) (349.6) (99.1) (815.1) 209.9 121.6 59.1 (141) (37.1) 158 (61.6) (191.3) 0.6 (74.5) 194.6 14.7 187.6 66.8 370.4 24.7 (29.4) (3.7) (29.4) 22.9 (30.2) 41.8 (137.5) 28.4 39.7 49.7 (15.7) 60.3 17.4 127.5 61 (66.9) 36.9 29.6 46.5 35.6 58.6 (10.9) (9.5) 4.9 (3.2) (1.5) (0.7) 31.8 21 (2.1) 139.3 55 (10) 125.5
Cash Position
Net Change in Cash 19 (15.6) (75) 36.9 46 (19.5) (23.2) (1.8) 20.5 (8) (15.2) 19 (5.9) 14.2 (62.6) (15.4) 69.6 (18.5) (46) 70.6 45.1 (43.2) (66.6) (272.6) 403.8 (49.4) 33.7 0.3 4.1 1.8 (8.2) (7) 7.1 8.5 16.5 (51.5) 48.2 (65.4) (8.1) 51.9 (16.8) (9.0) (10.1) 5.2 3.7 2.7 3.0 (5.2) 4.0 3.4 7.4 (13.0) 11.1 (2.8) 0.8 3.1 1.1 (6.6) (6.0) 4.5 (4.3) (24.3) (9.5) (18.2) (15.4) (1.5) 25.3 31.8 21 (2.1) 139.4 54.1 (10) 125.5
Cash at Beginning 64.7 80.3 155.3 118.4 72.4 91.9 115.1 116.9 96.4 104.4 119.6 100.6 106.5 92.3 154.9 170.3 100.7 119.2 165.2 94.6 49.5 92.7 159.3 431.9 28.1 77.5 43.8 43.5 39.4 37.6 45.8 52.8 45.7 37.2 20.7 72.2 24 89.4 97.5 45.6 62.4 11.1 24.2 13.0 16.1 13.4 10.8 15.5 11.5 8.1 0.7 13.7 2.6 5.4 4.7 1.6 0.5 14.0 20.0 15.5 19.8 44.1 53.6 23.1 38.5 0 0 0 96 0 0 0 66 0
Cash at End 83.7 64.7 80.3 155.3 118.4 72.4 91.9 115.1 116.9 96.4 104.4 119.6 100.6 106.5 92.3 154.9 170.3 100.7 119.2 165.2 94.6 49.5 92.7 159.3 431.9 28.1 77.5 43.8 43.5 39.4 37.6 45.8 52.8 45.7 37.2 20.7 72.2 24 89.4 97.5 45.6 2.7 14.1 18.1 19.8 16.1 13.8 10.3 15.5 11.5 8.1 0.7 13.7 2.6 5.4 4.7 1.6 7.4 14.0 20.0 15.5 19.8 44.1 4.9 23.1 (1.5) 25.3 31.8 117 (2.1) 139.4 54.1 56 125.5
Free Cash Flow 152.4 (34) 227.4 118.9 279.1 131.6 190.1 135.9 353.5 (31.8) 331.1 210.2 208.8 164 271.4 416.7 324.4 (128.9) 347.3 629.1 196.9 280.2 27.7 521.4 186.3 (198.9) 302.1 141.9 28.2 (38.6) 49.3 188.2 110.2 89.3 79.7 52.8 154.7 (122.8) 157.7 98.9 36.3 (15.0) 0.3 16.5 10.7 (40.3) 33.5 (20.4) 33.5 (36.6) 23.3 (64.0) (1.0) (30.8) (27.6) 86.3 (16.5) 30.0 12.1 (10.9) (16.7) 36.9 10.1 15.6 (7.5) 11.8 (15.3) (12) (91) (158.1) (11.1) (48) (17.3) (63.5)
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 7,863.6 8,846.4 7,695.3 7,662.3 7,604.5 7,719.9 7,590.8 7,696.7 7,447.8 7,272.1 7,447.8 7,468.5 7,339 7,011.8 6,920.7 6,906.9 6,975.4 6,296.1 6,497.3 6,987.5 5,773.8 5,812.1 5,971.6 3,651.1 5,009.1 5,891.6 5,967.6 5,755.8 5,564.4 5,439.3 5,658.6 5,940.3 5,746.9 5,398 5,524.4 5,383.4 5,081.1 4,887.8 5,152 5,254.1 4,824.6 4,921.3 4,960.1 4,904.4 4,471.1 4,304.6 4,396.7 4,406.7 4,015.2 3,777.5 3,759.1 3,630.6 3,349.3 3,156.9 3,336.0 3,372.5 3,242.3 2,932.5 2,951.0 2,888.4 2,857.2 2,768.1 2,756.1 2,703.7 2,492.4 2,460.4 2,587.9 2,319.4 2,157.9 2,094.2 2,996.4 3,362.7 3,204.5 3,083.8 3,406.0 3,381.6 3,103.2 2,580.8 3,080.6 2,931.7 2,672.9 2,157.2 2,797.2 2,743.8 2,556.9 2,421.4 2,688.0 2,458.6 2,356.3 2,162.2 2,247.6 1,877.2 1,959.4 1,614.7 1,615.2 1,371.6 1,237.9 1,331.2 1,204.1 1,110.8
Gross Profit 1,299.4 1,402.3 1,249.1 1,296.6 1,269 1,260.8 1,243.2 1,264.1 1,245.2 1,188.1 1,220.4 1,273 1,252.3 1,183.2 1,186.9 1,237 1,231.7 1,179.2 1,165.7 1,182.7 913.2 898.4 956.5 552.9 776.7 866.5 869.7 867.8 851.5 808.1 852.6 889.8 864.4 808.3 822.6 817.3 774.3 727.3 744.2 771.3 723.8 717.1 729.2 731.3 689.9 624.1 647.6 666.9 614 576.7 571.1 559.5 526.6 483.4 501.5 513.4 506.6 451.3 467.1 463.6 454.3 431.3 429.9 430.3 411.2 397.3 423.0 394.3 368.3 337.7 461.1 501.5 494.1 461.4 503.5 496.0 467.0 390.7 458.4 444.1 416.1 349.3 411.8 405.7 388.0 373.5 379.7 352.6 344.2 311.5 319.6 272.4 279.3 219.3 219.0 191.8 183.3 188.9 172.5 157.5
Operating Income 289 318.3 298.7 348.2 315.5 333.8 317.4 338 327.6 265.7 331.5 380.8 373.5 335.5 362.7 387.6 402 356.3 377.8 402.7 219.6 242.5 284.2 71.4 106.4 152.8 169.4 171.8 158.7 136.6 163.9 188.7 175.7 137 152.2 172 150.2 125.2 141.5 164.1 144.1 126.1 146 158.9 135.5 115.5 128 136.2 120.7 107.3 109.3 112.1 105.2 92.5 87.7 91.0 94.6 72.5 79.1 74.1 72.5 59.1 61.5 63.1 57.2 53.3 61.1 52.6 42.4 (633.0) 63.2 89.4 81.1 71.3 92.4 89.9 79.2 67.8 87.3 93.3 72.0 76.5 79.7 76.7 63.5 69.6 68.4 69.9 58.5 56.7 62.2 21.8 59.1 38.2 45.2 33.9 33.0 40.2 37.9 27.3
Net Income 234.5 228.1 213 250 244.3 236.4 226.1 241.2 215.2 190.7 263.4 300.8 298.3 298 340.1 374 367.9 311.3 355.1 338.9 182.5 200.2 246.6 45.1 51.7 101.6 116.2 117.8 100.2 98.1 130.2 134.6 108.1 330.1 94.4 106.2 82.6 82.6 87.5 93.5 79.3 70.3 86.6 94 75.2 71.8 74.5 72.9 67.5 59.2 65.3 62 57.7 48.6 41.0 49.1 46.8 47.7 55.7 39.6 33.9 28.5 30.0 29.4 20.4 18.7 27.4 14.1 16.3 (509.9) 22.2 37.8 31.9 29.4 43.4 40.4 14.6 29.9 33.7 36.7 24.0 30.1 32.8 33.2 22.9 26.1 32.4 33.0 20.2 20.1 23.9 0.7 23.9 11.3 13.4 6.6 6.1 11.2 7.1 5.6
EPS (Diluted) 3.56 2.83 3.23 3.78 3.66 3.53 3.39 3.61 3.21 2.84 3.92 4.41 4.31 4.21 4.61 4.93 4.76 3.99 4.47 4.20 2.26 2.49 3.07 0.56 0.64 1.25 1.42 1.42 1.19 1.16 1.53 1.58 1.26 3.85 1.10 1.23 0.96 0.97 1.03 1.10 0.90 0.78 0.96 1.04 0.83 0.88 0.83 0.81 0.75 0.66 0.72 0.69 0.64 0.54 0.45 0.54 0.52 0.53 0.61 0.43 0.37 0.31 0.33 0.32 0.22 0.20 0.30 0.15 0.18 -5.48 0.24 0.40 0.33 0.31 0.46 0.43 0.15 0.32 0.36 0.39 0.25 0.32 0.35 0.35 0.25 0.28 0.35 0.36 0.24 0.25 0.29 0.01 0.14 0.08 0.10 0.05 0.16 0.20 0.12 0.10
Balance Sheet
Cash & Equivalents 83.7 64.7 80.3 155.3 118.4 72.4 91.9 115.1 116.9 96.4 104.4 119.6 100.6 106.5 92.3 154.9 170.3 100.7 119.2 165.2 94.6 49.5 92.7 159.3 431.9 28.1 77.5 43.8 43.5 39.4 37.6 45.8 52.8 45.7 37.2 20.7 72.2 24 89.4 97.5 45.6 17.7 23.5 13.8 21.9 11.5 24.8 19.8 16.1 13.4 15.5 11.5 8.1 0.7 4.7 1.6 0.5 7.4 14.0 20.0 15.5 19.8 44.1 43.7 23.1 38.5 29.7 45.7 26 96 176.4 48.3 36.1 69.6 8 5.2
Total Assets 18,318.2 18,378.1 17,118.8 17,393.4 16,931.9 16,720.9 17,065.4 16,633.5 16,146.5 15,671.5 14,810 14,796.9 14,395.8 14,114.6 13,588.1 13,504.1 13,665.9 13,464.6 12,719.3 13,306.8 13,222 13,247.2 13,009.7 12,876.1 13,816.8 13,942.7 13,689.5 13,361.1 13,574.9 10,904.5 10,526.9 10,570.5 10,843 10,540.6 10,282.3 9,711.9 9,395.4 8,861.1 8,559.4 8,075.2 8,172.9 3,838.7 3,916.2 3,796.0 3,751.5 3,725.1 4,618.6 3,289.3 3,307.7 3,137.2 3,022.6 2,876.0 2,690.3 2,554.5 1,857.1 1,946.2 1,878.1 1,762.7 1,523.6 1,454.5 1,369.3 1,279.3 1,218.1 1,251.3 1,200.2 1,184.2 1,146.9 1,172.4 1,172.7 975.7 887.6 755.8 571.7 523 318 236
Total Debt 9,214.2 8,822.8 3,960.6 8,413.9 8,099.1 8,268.6 8,488.9 8,304.6 7,940.5 7,736.7 7,051.8 7,224.1 6,899.9 6,954.1 6,544.2 6,284.1 6,420.1 6,402.3 5,802.8 6,459 6,951.4 7,184.2 7,151.4 7,631.5 8,743.9 8,668 8,568.7 8,343.6 8,498.9 6,007.5 5,614.5 5,755.6 5,990.6 5,925 5,848.9 5,541.7 5,438.6 5,194.9 5,095.9 4,692 4,834.4 2,178.6 2,236.0 2,139.4 2,167.2 2,256.4 2,307.1 1,731.4 1,772.0 1,773.8 1,785.4 1,720.7 1,548.3 1,446.9 1,132.7 1,250.8 1,198.0 1,108.9 936.5 893.4 802.6 707.4 636.8 294.7 728.3 710.3 662.2 703.4 730.1 583.2 494.7 374.1 239.3 188.4 183.9 138.1
Stockholders' Equity 5,682.2 5,562.4 5,707.3 5,613.7 5,394.7 5,209.8 5,203.3 4,954.6 4,815.8 4,726.2 4,523.4 4,382.1 4,323.3 4,148 4,063.5 4,194.8 4,138.8 4,070 3,842.1 3,738.7 3,462.2 3,302.5 3,064.3 2,759.9 2,689.7 2,793.4 2,638.9 2,640.5 2,641.2 2,609.1 2,583.3 2,497.2 2,465.4 2,395.2 2,079 1,984.3 1,867.7 1,750.9 1,752.3 1,695.8 1,681.6 958.1 939.5 942.5 894.4 825.0 1,403.8 1,005.5 973.2 828.4 740.8 712.3 704.4 689.4 494.0 488.3 467.4 461.7 422.5 420.4 424.8 430.9 426.3 372.9 342.5 341.6 359.9 342.2 333.3 300.6 323.7 317.5 283.5 281.5 78.2 49.2
Cash Flow
Operating Cash Flow 215 64.1 306.5 189.7 355.7 217.7 271 235.1 456 71.4 417.7 293.3 311.2 250.8 329 498.6 380.6 (37.5) 414 677.5 239.3 351.8 65.2 572.5 212 (142.4) 356.4 213.3 91.3 78.5 119 242.3 174.9 156.2 146.4 129.3 191.6 (91.7) 192.7 188.8 83.1 47.7 53.4 26.2 52.4 9.0 96.5 32.2 75.6 5.1 69.0 (11.9) 50.6 5.6 (11.6) 113.7 1.3 44.1 12.3 3.1 (7.7) 4.3 24.3 24.3 (2.5) 28.4 1.6 19.3 (5.6) (14.7) 4.8 15.6 (6.8) 5.3
Capital Expenditure (62.6) (98.1) (79.1) (70.8) (76.6) (86.1) (80.9) (99.2) (102.5) (103.2) (86.6) (83.1) (102.4) (86.8) (57.6) (81.9) (56.2) (91.4) (66.7) (48.4) (42.4) (71.6) (37.5) (51.1) (25.7) (56.5) (54.3) (71.4) (63.1) (117.1) (69.7) (54.1) (64.7) (66.9) (66.7) (76.5) (36.9) (31.4) (35) (89.9) (46.8) (62.7) (53.1) (49.7) (41.7) (49.3) (63.0) (52.6) (42.1) (41.6) (45.7) (52.1) (51.5) (36.4) (16.0) (27.4) (17.8) (14.1) (0.2) (14.0) (9.0) 32.6 (14.2) (8.7) (5.0) (16.6) (16.9) (31.3) (85.4) (143.4) (15.9) (63.6) (10.5) (68.8)
Free Cash Flow 152.4 (34) 227.4 118.9 279.1 131.6 190.1 135.9 353.5 (31.8) 331.1 210.2 208.8 164 271.4 416.7 324.4 (128.9) 347.3 629.1 196.9 280.2 27.7 521.4 186.3 (198.9) 302.1 141.9 28.2 (38.6) 49.3 188.2 110.2 89.3 79.7 52.8 154.7 (122.8) 157.7 98.9 36.3 (15.0) 0.3 16.5 10.7 (40.3) 33.5 (20.4) 33.5 (36.6) 23.3 (64.0) (1.0) (30.8) (27.6) 86.3 (16.5) 30.0 12.1 (10.9) (16.7) 36.9 10.1 15.6 (7.5) 11.8 (15.3) (12) (91) (158.1) (11.1) (48) (17.3) (63.5)