The Progressive Corporation logo PGR - The Progressive Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 17
HOLD 20
SELL 4
STRONG
SELL
0
| PRICE TARGET: $228.33 DETAILS
HIGH: $259.00
LOW: $208.00
MEDIAN: $224.50
CONSENSUS: $228.33
UPSIDE: 15.25%
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 22,180 22,738 22,512 21,995 20,402 20,267.4 19,711.8 18,127 17,237 16,883.8 15,553.4 15,347.4 14,297.7 13,462.9 12,774.4 11,513.3 11,835.8 12,485.1 11,852.6 11,899.2 11,439.6 11,410.3 10,942.5 10,967.2 9,318.1 10,734.8 9,524.6 9,444.5 9,293.8 8,028.8 8,490 8,011.8 7,424.1 7,115.1 6,786 6,599.1 6,315.9 6,122.1 5,930.2 5,812.4 5,552.7 5,394.5 5,269.8 5,277.6 4,890 5,171.3 4,767 4,735.5 4,703.5 4,614.5 4,520.4 4,589.2 4,432.3 4,548.7 4,420.7 4,180.2 4,122.9 3,930.9 3,811.1 3,872.7 3,893.5 3,850.1 3,763.1 3,686.3 3,665.9 3,900.6 3,608.4 3,583.5 3,468.2 3,507.5 2,210.1 3,536.6 3,585.9 3,614.5 3,709.6 3,675.9 3,686.8 3,693.8 3,723.8 3,707.9 3,660.9 3,599 3,622.5 3,590.1 3,491.8 3,695.9 3,438.5 3,367.4 3,280.3 3,170.4 2,921 2,548.4 2,258.8 1,991.7 1,862.6 1,773.8 1,764.7 1,752 1,652.8 1,601.5
Cost of Revenue 13,827 16,081 18,965 15,116 14,260 14,435.8 13,900.5 13,903 12,204 12,695.1 12,561.1 13,323.7 11,739.8 10,873.6 10,989.6 10,354.7 9,821.8 9,818.1 10,202.2 9,335.2 7,984.9 7,791.8 7,548.3 6,116.9 6,938 7,969.6 7,177.8 6,876.7 6,469.6 6,635.8 6,185.8 6,006.1 5,467 5,446.9 5,590.6 5,129.1 4,766.3 4,814.2 4,873.6 4,701.9 4,353.7 4,133.8 4,077.5 4,034.5 3,748 3,944.4 3,667 3,643.9 3,574.9 3,571.5 3,527.3 3,481 3,344.4 3,428.9 3,425.5 3,408.2 3,122 3,084 3,099.5 3,009.2 2,854.8 2,966.9 2,891 2,882 2,756.5 3,005.9 2,799.2 2,796.7 2,673.2 2,880.7 2,856.9 2,812 3,207.8 3,241.9 2,856.8 2,843.6 3,127.2 3,076 3,093.1 3,086.9 2,983.6 3,159.4 3,144.7 2,973 2,848.1 3,047.2 2,828.9 2,763.2 2,572.3 2,610.7 2,463.4 2,299.1 1,996.1 1,792.4 1,693.4 1,628.8 1,669.6 1,642.2 1,658.7 1,656.2
Gross Profit 8,353 6,657 3,547 6,879 6,142 5,831.6 5,811.3 4,224 5,033 4,188.7 2,992.3 2,023.7 2,557.9 2,589.3 1,784.8 1,158.6 2,014 2,667 1,650.4 2,564 3,454.7 3,618.5 3,394.2 4,850.3 2,380.1 2,765.2 2,346.8 2,567.8 2,824.2 1,393 2,304.2 2,005.7 1,957.1 1,668.2 1,195.4 1,470 1,549.6 1,307.9 1,056.6 1,110.5 1,199 1,260.7 1,192.3 1,243.1 1,142 1,226.9 1,100 1,091.6 1,128.6 1,043 993.1 1,108.2 1,087.9 1,119.8 995.2 772 1,000.9 846.9 711.6 863.5 1,038.7 883.2 872.1 804.3 909.4 894.7 809.2 786.8 795 626.8 (646.8) 724.6 378.1 372.6 852.8 832.3 559.6 617.8 630.7 621 677.3 439.6 477.8 617.1 643.7 648.7 609.6 604.2 708 559.7 457.6 249.3 262.7 199.3 169.2 145 95.1 109.8 (5.9) (54.7)
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 47.5 46.8 48.7 45.3 38.1 32 35.8 37 29.3 27.7 28.9 27 25.9 23.5 23.2 23.7 21.6 20.7 20.4 20.5 15.9 14.8 13.5 12.9 9.7 8.7 11.1 10.4 8.6 8.4 9.6 9.9 8.2 5.5 5.1 4.8 4 5.5 5.2 5.5 5.2 4.6 5.5 4.7 4.6 0 6 5.4 5.1 5.2 5.4 4.7 5.2 5.1 6.2 6.3 6.8 6.2 6.4 6.6 5.4 7 5.9 6.6 5.5 6.3 6.8 5.6 5.4 4.9 4.7 4.6 5.1 5.5 5.3 5.5
Other Expenses 4,787 2,975 224 2,897 2,906 2,863.7 2,866.5 2,364 2,093 1,685.3 1,582.1 1,588 2,003.5 1,564 1,642.3 1,794.5 1,623.8 1,463.1 1,511.4 1,564.8 1,586.8 1,512.3 1,470.7 2,581.5 1,457.9 1,379.5 1,287.8 1,278.9 1,218.6 1,118.8 1,137.9 1,088.6 1,017 949.1 915.1 888.4 882.2 746.9 774.9 799.5 790 725.9 742.9 697.3 682.9 665.7 644.7 641.3 637.1 608.7 637 611.5 616.2 757.9 573.2 594.4 608.6 466 498 501 489.3 451.5 479.7 485.9 465.3 435.8 431.7 428.2 413.7 407.9 428.1 416.7 35.8 36.6 424.8 420.7 21.7 22 21.4 22.8 23 23.7 23.6 23.8 23.6 24 24.3 22.6 23.8 26.9 26 24.2 20.4 17.6 15.3 17 24.1 23.2 22.2 (1,307.3)
Operating Expenses 4,787 2,975 224 2,897 2,906 2,863.7 2,866.5 2,364 2,093 1,685.3 1,582.1 1,588 2,003.5 1,564 1,642.3 1,794.5 1,623.8 1,463.1 1,511.4 1,564.8 1,586.8 1,512.3 1,470.7 2,581.5 1,505.4 1,426.3 1,336.5 1,324.2 1,256.7 1,150.8 1,173.7 1,125.6 1,046.3 976.8 944 915.4 908.1 770.4 798.1 823.2 811.6 746.6 763.3 717.8 698.8 680.5 658.2 654.2 646.8 617.4 648.1 621.9 624.8 766.3 582.8 604.3 616.8 471.5 503.1 505.8 493.3 457 484.9 491.4 470.5 440.4 437.2 432.9 418.3 407.9 434.1 422.1 40.9 41.8 430.2 425.4 26.9 27.1 27.6 29.1 29.8 29.9 30 30.4 29 31 30.2 29.2 29.3 33.2 32.8 29.8 25.8 22.5 20 21.6 29.2 28.7 27.5 (1,301.8)
Operating Income
Operating Income 3,566 3,682 3,323 3,982 3,236 2,967.9 2,944.8 1,860 2,940 2,503.4 1,410.2 435.7 554.4 1,025.3 142.5 (635.9) 390.2 1,203.9 139 999.2 1,867.9 2,106.2 1,923.5 2,268.8 874.7 1,338.9 1,010.3 1,243.6 1,567.5 242.2 1,130.5 880.1 910.8 691.4 251.4 554.6 641.5 537.5 258.5 287.3 387.4 514.1 429 525.3 443.2 546.4 441.8 437.4 481.8 425.6 345 486.3 463.1 353.5 412.4 167.7 384.1 375.4 208.5 357.7 545.4 426.2 387.2 312.9 438.9 454.3 372 353.9 376.7 218.9 (1,080.9) 302.5 337.2 330.8 422.6 406.9 532.7 590.7 603.1 591.9 647.5 409.7 447.8 586.7 614.7 617.7 579.4 575 678.7 526.5 424.8 219.5 236.9 176.8 149.2 123.4 65.9 81.1 (33.4) 1,247.1
Interest Expense 70 69 70 69 70 69.9 69.9 69 70 69.7 69.7 65.7 63.3 63.1 63.1 63 54.3 51.6 54.2 56.4 56.4 56.2 56.4 56.4 48 47.4 47.5 47.4 47.4 46 42 41.7 36.8 35.5 37.4 43.4 36.8 37.1 35.3 34.3 34.2 34.1 34.5 34.9 32.5 29.9 30.7 29.6 26.7 26.8 30.4 30.4 30.6 30.6 30.6 30.7 31.9 36.3 33.4 31.5 31.5 31.3 31.9 35.1 35.2 35.3 35.3 34.7 33.7 33.9 34.2 34.3 34.3 34.5 34.7 20.5 18.9 18.9 18.5 19.4 20.5 20.4 20.7 20.7 20.8 20.5 20.1 19.7 20.5 23.7 23.7 20.8 18.1 14.2 12.8 12.3 18.1 19.8 20 19.9
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 3,636 3,834 3,474 4,130 3,376 3,113.6 3,084.9 1,997 3,080 2,649.4 1,551.3 574 685.7 1,172 288.9 (488.9) 530.2 1,345.9 282.3 1,136.4 2,001.4 2,250.2 2,065 2,407 999.8 1,469.7 1,130 1,371 1,685.4 358.8 1,241.7 985.5 1,006.5 788.1 348.7 656.5 734.8 632.9 345.8 367.8 464.6 591.4 505.4 601.8 499.5 601.6 497.6 490.9 531.3 478.8 401.3 542 517.4 363.6 466.6 221.6 438.3 398.5 276.5 423.1 610.1 524.1 451.1 382 505.7 524 410 421.2 440.3 288.5 (1,012.8) 370.5 401.8 473.4 489.3 470.1 577.8 708.6 648.4 636.3 692.2 513 491.9 630.3 657.7 711.1 625.3 618.5 722 580 470 262.7 275.9 213.8 181.5 153.8 103.5 121.2 6 38.3
EBIT 3,636 3,751 3,393 4,051 3,306 3,037.8 3,014.7 1,929 3,010 2,573.1 1,479.9 501.4 617.7 1,088.4 205.6 (572.9) 444.5 1,255.5 193.2 1,055.6 1,924.3 2,162.4 1,979.9 2,325.2 922.7 1,386.3 1,057.8 1,291 1,614.9 288.2 1,172.5 921.8 947.6 726.9 288.8 598 678.3 574.6 293.8 321.6 421.6 548.2 463.5 560.2 475.7 576.3 472.5 467 508.5 452.4 375.4 516.7 493.7 384.1 443 198.4 416 411.7 241.9 389.2 576.9 457.5 419.1 348 474.1 489.6 407.3 388.6 410.4 252.8 (1,046.7) 336.8 371.5 365.3 457.3 427.4 551.6 609.6 621.6 611.3 668 430.1 468.5 607.4 635.5 638.2 599.5 594.7 699.2 550.2 448.5 240.3 255 191 162 135.7 84 100.9 (13.4) 19.9
Income Before Tax 3,566 3,682 3,323 3,982 3,236 2,967.9 2,944.8 1,860 2,940 2,503.4 1,410.2 435.7 554.4 1,025.3 142.5 (635.9) 390.2 1,203.9 139 999.2 1,867.9 2,106.2 1,923.5 2,268.8 874.7 1,338.9 1,010.3 1,243.6 1,567.5 242.2 1,130.5 880.1 910.8 691.4 251.4 554.6 641.5 537.5 258.5 287.3 387.4 514.1 429 525.3 443.2 546.4 441.8 437.4 481.8 425.6 345 486.3 463.1 353.5 412.4 167.7 384.1 375.4 208.5 357.7 545.4 426.2 387.2 312.9 438.9 454.3 372 353.9 376.7 218.9 (1,080.9) 302.5 337.2 330.8 422.6 406.9 532.7 590.7 603.1 591.9 647.5 409.7 447.8 586.7 614.7 617.7 579.4 575 678.7 526.5 424.8 219.5 236.9 176.8 149.2 123.4 65.9 81.1 (33.4) (81.8)
Income Tax Expense 748 731 708 807 669 611.4 611.4 401 609 515.6 288.9 90.3 106.5 198.9 18.4 (93) 76.3 241.6 20.5 209.1 387.9 421.9 392.7 478.4 175.6 264.3 166.7 264.6 484.7 (17.6) 200.3 178.9 181 111.1 36.6 181.9 211.2 139.4 53 92.4 128.7 164.2 142.5 156.8 147.6 176.2 145.7 144 160.5 125.8 112.6 161.7 154.5 104.4 135.4 49.1 126.5 118.7 57.8 112.5 182.5 127 125.6 101 143.3 149.3 102.1 103.8 144.2 59.6 (396.7) 87 97.8 94.7 123.4 123.2 169.2 189.8 193.5 191.5 210.9 128.1 142.5 192.4 202 204.2 190.5 188.7 218.7 168.7 138.5 67.3 76.5 52.1 45.5 36.8 17.9 22.3 (19.3) (35.2)
Net Income 2,818 2,951 2,615 3,175 2,567 2,356.5 2,333.4 1,459 2,331 1,987.8 1,121.3 345.4 447.9 826.4 124.1 (542.9) 313.9 962.3 118.5 790.1 1,480 1,684.3 1,530.8 1,790.4 692.7 1,070.8 841.7 979.4 1,078.4 264.7 928.4 704.2 718 576.3 224 367.6 424.3 383.2 198.7 190.9 258.2 330.4 278.3 363.3 295.6 370.2 296.1 293.4 321.3 299.8 232.4 324.6 308.6 249.1 277 118.6 257.6 256.7 150.7 245.2 362.9 299.2 261.6 211.9 295.6 305 269.9 250.1 232.5 159.3 (684.2) 215.5 239.4 236.1 299.2 283.7 363.5 400.9 409.6 400.4 436.6 281.6 305.3 394.3 412.7 413.5 388.9 386.3 460 357.8 286.3 152.2 160.4 124.7 103.7 86.6 48 58.8 (14.1) (46.6)
Per Share Data
EPS (Basic) 4.81 5.04 4.45 5.42 4.38 4.02 3.98 2.49 3.95 3.38 1.90 0.57 0.75 1.40 0.21 -0.93 0.54 1.65 0.19 1.34 2.51 2.88 0.39 0.80 1.17 1.83 1.43 1.67 1.84 0.45 1.58 1.20 1.23 0.99 0.39 0.63 0.73 0.66 0.34 0.33 0.44 0.57 0.48 0.62 0.50 0.63 0.50 0.50 0.54 0.50 0.39 0.54 0.51 0.41 0.46 0.20 0.42 0.42 0.24 0.38 0.56 0.46 0.40 0.32 0.45 0.46 0.40 0.37 0.35 0.24 -1.03 0.32 0.36 0.35 0.43 0.39 0.49 0.54 0.54 0.52 0.56 0.36 0.39 0.50 0.52 0.52 0.45 0.45 0.53 0.41 0.33 0.17 0.18 0.14 0.12 0.10 0.05 0.07 -0.02 -0.05
EPS (Diluted) 4.80 5.02 4.45 5.40 4.37 4.01 3.97 2.48 3.94 3.37 1.89 0.57 0.75 1.40 0.21 -0.93 0.54 1.65 0.19 1.34 2.51 2.88 0.39 0.80 1.17 1.83 1.42 1.66 1.83 0.45 1.57 1.19 1.22 0.99 0.38 0.63 0.73 0.66 0.34 0.33 0.44 0.57 0.47 0.62 0.50 0.63 0.50 0.49 0.54 0.50 0.39 0.54 0.51 0.41 0.46 0.19 0.42 0.42 0.24 0.38 0.55 0.46 0.40 0.32 0.44 0.46 0.40 0.37 0.35 0.24 -1.02 0.32 0.35 0.35 0.42 0.39 0.49 0.54 0.53 0.52 0.55 0.36 0.38 0.49 0.51 0.52 0.44 0.44 0.52 0.41 0.32 0.17 0.18 0.14 0.12 0.10 0.05 0.07 -0.02 -0.05
Shares Outstanding 585.6 588.2 588.2 586.2 586 585.5 585.6 585.4 585.4 585.3 584.8 584.9 584.9 584.9 584.5 584.3 584.3 583.9 584.7 584.6 584.9 584.9 585.2 584.9 584.7 584.1 584.1 583.6 583.5 583 582.7 582 582 581.1 581.3 580.5 580.3 579.6 581.5 582.4 583.2 583.2 585.2 585.7 587.6 587.6 589.8 591.2 593.9 593.9 598.9 599.5 600.6 600.3 601.9 604.8 606.2 606.2 626.9 643.6 651.8 651.8 655.8 660.4 661.4 661.4 666.7 669.2 668.6 666.8 666.3 667.4 671.5 671.5 702.6 721.8 737.8 737.8 763.2 776.1 781.2 781.2 783.1 788.6 796 796 864 865.2 865.6 858.8 870.4 871.2 879.2 882 886.8 883.2 882 879.6 877.2 876.9
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 162 125 173 125 195 143 136.1 90.2 154.5 85 123.5 163.9 273.7 203.5 350.9 226.1 272.7 187.1 270.6 99.5 122.9 76.5 90.1 108 369.5 226.2 45.9 91.9 158 69.5 121.9 154.8 190.1 265 224.9 161 214.5 211.5 143.4 134.7 209.9 153.8 155.1 160.7 160.7 134.5 7.7 22 23.1 12.1 17.9 23.3 16.9 17.6 23.4 38.7 22.3 8.9 19.2 8.9 11 14.2 0 0 0 18.6 0 0 0 23.3 0 0 0 15.4 0 0 0 16.2 0 0 0 13.4 0 0 0 8.7 0 0 0
Short-Term Investments 2,126 19,711 10,183 10,650 11,081 75,947 8,609.3 8,263 8,411.5 62,168 58,387.1 55,572.4 52,813.3 49,513.6 48,410.7 47,784.3 46,846.3 44,815.7 46,134.4 44,741.6 41,334.9 42,029.4 40,981.3 39,426.9 36,800.8 34,909.1 34,280.1 32,549.1 30,406.6 29,907.4 28,452.4 27,020.4 25,472.5 23,071.1 22,971.5 22,117.8 20,515.1 19,816.7 19,793.1 18,755.9 17,793.3 1,648.9 1,389.2 1,078 1,137.2 1,293.8 374.1 1,114.8 1,113.6 648 1,123.6 828.3 567.8 565.1 307.6 325.6 251.7 186.8 244.1 711.9 264.5 229 0 0 0 441.9 0 0 0 409.4 0 0 0 159.7 0 0 0 302.8 0 0 0 279.1 0 0 0 230.8 0 0 0
Net Receivables 17,614 20,115 20,626 20,603 21,260 19,134 20,016.9 19,425.9 19,195.9 17,052 17,739.2 17,790.2 18,027.6 16,249 17,174.5 15,523 15,544 14,380 15,291.6 14,145.3 13,362 12,179.5 12,561.6 11,211.7 7,568.3 10,886.2 7,687.2 7,167.1 7,189.8 6,497.1 6,776.6 6,230.2 6,043.8 5,422.5 5,519.9 5,091.3 4,850.7 4,509.2 4,743.6 4,522.2 4,378.9 2,766.2 2,722.9 2,454.8 2,545 2,516.8 2,969.3 2,322.6 2,248.2 2,350.9 2,286.9 1,938.6 1,958.5 2,000.5 1,780 1,750.4 1,735.5 2,042.4 2,077.2 2,145.3 2,093.7 2,270.2 1,854.1 1,766.5 1,618 2,018.2 1,456.3 1,389.9 1,310.3 1,478.3 1,157.6 1,086.1 962.7 1,130.8 801.2 794.1 721.9 988 635.7 622.8 574.4 922.1 509.5 476.7 421.4 761.5 364.3 345 328
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 182 13 0 69,275 63,872 (72,253) (12,947.4) (12,690.3) (12,284.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 20,084 40,161 31,197 100,916 96,714 23,320 16,038.9 15,379.6 15,687.1 79,555 76,484.8 73,769.4 71,384.2 66,261.6 66,303.6 63,997.7 63,118.1 59,840.4 62,357.7 59,606.4 55,487.4 54,653.5 54,096.4 51,107.9 45,176.8 46,648 42,472 40,146.1 38,201.1 36,783.7 35,730.5 33,695.2 32,049.2 28,961.9 28,928 27,582.7 25,763 24,707.9 24,854.5 23,590.8 22,598.8 4,643.3 4,339.8 3,762.8 3,905.5 4,005.9 3,429.2 3,588.7 3,505 3,125.7 3,545 2,891.8 2,424.2 2,678.6 2,184.8 2,181.5 2,070.5 2,096.1 2,441 2,965.5 2,462.2 2,347 1,854.1 1,766.5 1,618 2,275.4 1,456.3 1,389.9 1,310.3 1,990.8 1,157.6 1,086.1 962.7 1,391.7 801.2 794.1 721.9 1,377.5 635.7 622.8 574.4 1,297.8 509.5 476.7 421.4 1,085.6 364.3 345 328
Non-Current Assets
Property, Plant & Equipment 792 783 790 820 854 790 688.8 713.5 756.3 881 919.8 989 949 1,034 1,067.1 1,124.7 1,104.4 1,137.3 1,161 1,086.4 1,077.4 1,106 1,181.6 1,189.8 1,215.1 1,213.7 1,214.2 1,174.9 1,127.3 1,131.7 1,139.3 1,116.4 1,112 1,119.6 1,129.4 1,152.1 1,166 1,177.1 1,115 1,083.7 1,061.9 947.7 956.3 961.3 989.9 997.5 990.1 647.9 616 584.7 525.4 509.2 503.1 498.1 506.6 506.9 509.2 504.5 496.4 479.4 469.2 447.7 439.7 420.1 404.8 376.2 355.3 315.9 286.3 260.4 227.6 195.8 185.7 169.9 165.6 166.9 165.1 159.2 155.1 152.7 149.2 143.3 139.4 125.6 116.9 106.7 86 76.8 65.9
Goodwill 0 0 0 0 0 228 0 0 0 228 227.9 227.9 227.9 227.9 227.9 227.9 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 452.7 449.4 449.4 449.4 449.4 447.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 2,044 2,164 2,110 2,068 1,961 2,031.6 1,938.3 1,818.2 1,687 74.9 77.8 80.9 86.3 91.8 97.2 102.7 117.3 131.9 146.5 157.2 171.4 185.5 199.7 213.8 228.3 242.9 258.7 276.7 294.6 312.6 330.6 348.6 366.6 384.6 401.8 417.3 432.8 448.3 463.8 479.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 91,871 77,662 94,509 77,960 83,664 80,250 79,399.7 72,355.5 69,038 65,999 0 (55,572.4) 0 53,548.3 0 0 0 51,514.1 0 0 0 (42,029.4) 0 0 0 (34,909.1) 0 0 0 (29,907.4) 0 0 0 (23,071.1) 0 0 0 0 0 0 0 0 (1,389.2) (1,078) (1,137.2) (1,293.8) (374.1) (1,114.8) (1,113.6) (648) (1,123.6) (828.3) (567.8) (565.1) (307.6) (325.6) (251.7) (186.8) (244.1) (711.9) (264.5) (229) 0 0 0 (441.9) 0 0 0 (409.4) 0 0 0 (159.7) 0 0 0 (302.8) 0 0 0 (279.1) 0 0 0 (230.8) 0 0 0
Other Non-Current Assets 1,734 1,641 (7,125) (80,070) (85,732) (804) (80,833.3) (73,292.8) (69,824.4) (60,595) 6,588.1 62,255 6,708.1 (46,824.6) 6,564.3 6,654.1 8,781.2 (41,929.5) 8,514.8 8,532.3 8,238.6 49,744.1 6,974.6 6,456 9,172.2 41,276.9 9,626.3 9,291.8 8,792.5 37,776.5 7,908.6 7,768.6 7,368.4 30,871.5 8,037.9 7,100.5 7,014.8 6,660.3 6,753.6 6,370.5 6,133.9 15,587.4 16,964.7 15,986.5 14,601.8 13,739.5 15,620.3 14,594.9 14,154.5 13,137.5 12,328.3 11,417.9 11,204.9 10,064.3 8,361.5 7,884.6 7,686.7 7,396.7 7,518.5 7,510.5 7,014.4 6,865.3 7,450.4 7,423.7 7,153.1 6,060.5 6,524.5 6,579.9 6,334.1 5,601.3 6,188.8 5,856.3 5,556.4 4,719.9 5,020.4 4,832.7 4,799.7 4,060.3 4,484.9 4,303.7 4,127.3 3,409.9 4,013 3,926.2 3,877.3 2,971.3 3,143.6 2,824.9 2,733.6
Total Non-Current Assets 95,139 82,878 90,338 820 854 82,425 1,286.8 1,714.5 1,788.1 9,136 9,167.8 9,175.8 9,022.9 9,203.4 9,220.6 9,059.5 10,811.5 11,291.9 10,260.4 10,217.9 9,925.9 9,444.8 8,794.4 8,298.2 11,088.4 8,262.5 11,536.1 11,178.1 10,649.2 9,791.3 9,813.2 9,668.3 9,281.7 9,739.3 10,004.6 9,107.1 9,047.5 8,719.6 8,766.3 8,367.4 8,122.8 16,853.3 16,709.1 16,286.5 15,182.1 14,209.2 16,236.3 14,128 13,656.9 13,155.8 11,756.3 11,262.2 11,140.2 10,206.4 8,673.4 8,248.2 8,162.2 7,955.5 8,052.5 7,587.3 7,512.3 7,357.7 7,890.1 7,843.8 7,557.9 6,187.7 6,879.8 6,895.8 6,620.4 5,568.8 6,416.4 6,052.1 5,742.1 4,792.2 5,186 4,999.6 4,964.8 3,975 4,640 4,456.4 4,276.5 3,377.3 4,152.4 4,051.8 3,994.2 2,925.7 3,229.6 2,901.7 2,799.5
Total Assets 122,209 123,039 121,535 115,480 111,409 105,745 105,202.5 97,893 94,127.9 88,691 85,652.6 82,945.2 80,407.1 75,465 75,524.2 73,057.2 73,929.6 71,132.3 72,618.1 69,824.3 65,413.3 64,098.3 62,890.8 59,406.1 56,265.2 54,910.5 54,008.1 51,324.2 48,850.3 46,575 45,543.7 43,363.5 41,330.9 38,701.2 38,932.6 36,689.8 34,810.5 33,427.5 33,620.8 31,958.2 30,721.6 21,496.6 21,048.9 20,049.3 19,087.6 18,215.1 19,665.5 17,716.7 17,161.9 16,281.5 15,301.3 14,154 13,564.4 12,885 10,858.2 10,429.7 10,232.7 10,051.6 10,493.5 10,552.8 9,974.5 9,704.7 9,744.2 9,610.3 9,175.9 8,463.1 8,336.1 8,285.7 7,930.7 7,559.6 7,574 7,138.2 6,704.8 6,183.9 5,987.2 5,793.7 5,686.7 5,352.5 5,275.7 5,079.2 4,850.9 4,675.1 4,661.9 4,528.5 4,415.6 4,011.3 3,593.9 3,246.7 3,127.5
Current Liabilities
Account Payables 9,456 0 0 0 0 0 0 0 0 0 0 0 6,278.7 5,532.8 5,931.9 5,931.2 6,688.7 6,069.1 6,394.9 6,021.8 5,770.4 4,955.8 5,405.8 5,576.1 5,346.5 4,617 5,222.9 4,867.5 4,594.3 5,046.5 3,924.1 3,922.3 3,414.3 3,481 3,272.7 3,153.2 2,939.4 2,495.5 2,722.2 2,706.2 2,451.4 0 0 0 0 0 1,578.1 1,507.4 1,386 1,290.1 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
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 499.9 499.9 0 499.7 499.6 499.5 499.4 499.3 499.2 0 499.1 0 0 0 3,269.2 0 0 0 0 2,426.4 1,930.7 1,930.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 42.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 27,893 25,219 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 44,435 43,310 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 81,784 68,529 0 0 0 0 0 0 0 0 0 0 6,278.7 5,532.8 5,931.9 5,931.2 6,688.7 6,069.1 6,394.9 6,521.7 6,270.3 4,955.8 5,905.5 6,075.7 5,846 5,116.4 5,722.2 5,366.7 4,594.3 5,545.6 3,924.1 3,922.3 3,414.3 6,750.2 3,272.7 3,153.2 2,939.4 2,495.5 5,148.6 4,636.9 4,381.8 0 0 0 0 0 1,578.1 1,507.4 1,386 1,290.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 42.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Non-Current Liabilities
Long-Term Debt 8,386 6,897 6,896 6,895 6,894 6,893 6,891.8 6,890.7 6,889.7 6,889 6,887.6 6,886.5 6,389.3 6,388.3 6,387.4 6,386.5 6,385.6 4,898.8 4,898.2 4,897.6 4,896.9 5,396.1 4,895.7 4,895.1 4,894.5 4,407.1 3,907.2 3,906.8 4,405.4 3,905.8 3,859.9 3,859.5 3,859.2 37.1 3,312.2 3,383.4 3,111.7 3,148.2 727.5 733.4 771.2 2,178.1 2,177.7 2,177.2 2,176.4 2,175.9 2,173.5 1,290 1,289.9 1,489.8 1,489.4 1,489.2 1,489 1,096.2 749.1 749 748.9 748.8 1,049.1 1,048.9 1,048.7 1,048.6 1,040.8 1,040.6 1,070.5 776.6 776.4 776.2 776.1 775.9 775.9 775.9 775.8 775.7 775.6 775.6 675.9 675.9 675.7 675.7 675.7 675.6 675.6 675.5 675.4 477.1 568.6 568.5 568.5
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 152.9 110.7 219.4 241.5 310 213.9 197.1 0 118 136 134.5 38.5 0 53.5 46 53.2 135 201.5 191.8 168.4 111.3 156.9 140.7 113.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 17,290 79,194 75,981 75,561 73,261 71,151.4 67,661.9 65,426.9 61,525 61,369.7 59,347.4 50,870.7 47,652.9 48,428.7 45,086.8 43,804.1 41,779.9 42,656.2 39,510 36,168.1 36,397.8 33,788.5 31,567.6 31,173.2 31,595.8 30,119.4 28,585.4 27,701.4 26,301.8 25,847.4 24,534.9 23,681 22,494.1 22,856.8 20,969.9 20,068.1 19,715.4 19,493.1 18,611.7 17,894.8 13,013.9 12,659.7 12,123.5 11,986.2 11,735.9 10,570 9,198.1 8,944.2 8,471 9,431.3 8,711.2 8,307.4 8,251.2 7,007.9 6,657.9 6,551.9 6,433 6,649.4 6,773.6 6,202.2 5,903.3 5,940.7 5,806.4 5,419.6 5,129.4 5,148 5,098.5 4,852.2 4,647.8 4,734.3 4,460.3 4,187.9 3,731.3 3,618.9 3,558.6 3,504.2 3,200.8 3,207.4 3,085.4 2,933.3 2,847.6 2,896.9 2,822.1 2,723 2,536.3 2,071.8 1,949.6 1,881.4
Total Non-Current Liabilities 8,386 24,187 86,090 82,876 82,455 80,154 78,043.2 74,552.6 72,316.6 68,414 68,257.3 66,233.9 57,260 54,041.2 54,816.1 51,473.3 50,189.7 46,831.6 47,665.1 44,627 41,306.5 42,103.9 38,898.1 36,659.8 36,067.7 36,120.9 34,162.6 32,626.7 32,145.3 30,207.6 29,760.8 28,440.4 27,593.4 22,666.2 26,370.5 24,545.1 23,348.2 22,974.9 20,377.5 19,485.8 18,779.9 15,192 14,837.4 14,300.7 14,162.6 13,911.8 12,743.5 10,488.1 10,234.1 9,960.8 10,920.7 10,200.4 9,796.4 9,347.4 7,757 7,406.9 7,300.8 7,181.8 7,698.5 7,822.5 7,250.9 6,951.9 6,981.5 6,847 6,490.1 5,906 5,924.4 5,874.7 5,628.3 5,423.7 5,510.2 5,236.2 4,963.7 4,507 4,394.5 4,334.2 4,180.1 3,876.7 3,883.1 3,761.1 3,609 3,523.2 3,572.5 3,497.6 3,398.4 3,013.4 2,640.4 2,518.1 2,449.9
Total Liabilities 90,170 92,716 86,090 82,876 82,455 80,154 78,043.2 74,552.6 72,316.6 68,414 68,257.3 66,233.9 63,538.7 59,574 60,748 57,404.5 56,878.4 52,900.7 54,060 51,148.7 47,576.8 47,059.7 44,803.6 42,735.5 41,913.7 41,237.3 39,884.8 37,993.4 36,739.6 35,753.2 33,684.9 32,362.7 31,007.7 29,416.4 29,643.2 27,698.3 26,287.6 25,470.4 25,526.1 24,122.7 23,161.7 15,192 14,837.4 14,300.7 14,162.6 13,911.8 14,321.6 11,995.5 11,620.1 11,250.9 10,920.7 10,200.4 9,796.4 9,347.4 7,757 7,406.9 7,300.8 7,181.8 7,698.5 7,822.5 7,250.9 6,951.9 6,981.5 6,847 6,490.1 5,906 5,924.4 5,874.7 5,628.3 5,423.7 5,510.2 5,236.2 4,963.7 4,507 4,437.4 4,334.2 4,180.1 3,876.7 3,883.1 3,761.1 3,609 3,523.2 3,572.5 3,497.6 3,398.4 3,013.4 2,640.4 2,518.1 2,449.9
Stockholders' Equity
Common Stock 584 586 586 586 586 586 585.8 585.7 585.7 585 585 585.3 585.4 584.9 585.1 584.9 584.9 584.4 585 585.2 585.2 585.2 585.6 585.4 585.3 584.6 584.6 584.1 584 583.2 583.1 582.5 582.4 581.7 581.6 581 580.9 579.9 580.8 581.9 583 667.6 670.5 672.6 680 680.7 698.1 217.3 217.5 216.4 217.4 217 218 217.7 73.3 73.8 73.7 73.5 73.3 73.2 73 73.1 0 0 0 72.5 0 0 0 72.3 0 0 0 71.5 0 0 0 72.1 0 0 0 71.2 0 0 0 72.1 0 0 0
Retained Earnings 29,612 27,327 32,437 29,921 26,732 24,283 24,631.7 22,410 21,020.5 18,801 17,380.9 16,350.4 16,080.1 15,721.2 14,987.5 14,967.7 15,569.6 15,339.7 15,390 15,401 14,679.6 13,354.9 14,427.7 13,001.8 11,266.2 10,679.6 10,995.2 10,276.4 9,358.1 8,386.6 9,602.1 8,720.4 8,017.9 6,031.7 6,116.5 5,908.8 5,543.4 5,140.4 5,183.1 5,031.2 4,877.6 4,097.9 3,942.5 3,683.1 3,353.3 2,925 3,110.5 4,484.1 4,159.4 3,729.8 3,180.2 2,988.5 2,796 2,649.1 2,388.3 2,367 2,302 2,220.4 2,178.2 2,125.6 2,145.6 2,210.5 2,211.1 2,141 2,033.7 1,932.6 1,860.8 1,768.3 1,637.2 1,528.5 1,429.9 1,320.2 1,222.5 1,149.6 1,062.9 986.7 949.4 894.2 835.8 778 723.3 668.5 579.6 520.8 487.8 446.8 403.1 326.8 253.1
Accumulated Other Comprehensive Income (471) 103 189 (95) (524) (1,423) (154.4) (1,715.8) (1,823.6) (1,616) (3,042.4) (2,654) (2,198.7) (2,802) (3,129.9) (2,209) (1,385.8) 40.7 353.3 483.2 392.3 931.7 950.6 975 404.2 341.7 510.5 453.1 178.1 (120.9) (263.7) (221.9) (172.6) 1,282.2 1,226.2 1,150.7 1,067.5 933.4 1,046.1 957.8 868 574.6 648.6 453.2 (7) (203.7) 701.1 300.9 475.1 425 341.6 140.7 169.3 92.8 98.5 41.3 38.6 64.7 41.9 33.9 19.5 (12.4) 0 0 0 103.7 0 0 0 122.3 0 0 0 74 0 0 0 51.1 0 0 0 (30.7) 0 0 0 33.5 0 0 0
Total Stockholders' Equity 32,039 30,323 35,445 32,604 28,954 25,591 27,159.3 23,340.4 21,811.3 20,277 17,395.3 16,711.3 16,868.4 15,891 14,776.2 15,652.7 17,051.2 18,231.6 18,558.1 18,675.6 17,836.5 17,038.6 18,087.2 16,670.6 14,351.5 13,673.2 14,123.3 13,330.8 12,110.7 10,821.8 11,858.8 11,000.8 10,323.2 9,284.8 9,289.4 8,991.5 8,522.9 7,957.1 8,094.7 7,835.5 7,559.9 6,304.6 6,211.5 5,748.6 4,925 4,303.3 5,343.9 5,721.2 5,541.8 5,030.6 4,380.6 3,953.6 3,768 3,537.6 3,101.2 3,022.8 2,931.9 2,869.8 2,795 2,730.3 2,723.6 2,752.8 2,762.7 2,763.3 2,685.8 2,557.1 2,411.7 2,411 2,302.4 2,135.9 2,063.8 1,902 1,741.1 1,676.9 1,549.8 1,459.5 1,506.6 1,475.8 1,392.6 1,318.1 1,241.9 1,151.9 1,089.4 1,030.9 1,017.2 997.9 953.5 728.6 677.6
Total Liabilities & Equity 122,209 123,039 121,535 115,480 111,409 105,745 105,202.5 97,893 94,127.9 88,691 85,652.6 82,945.2 80,407.1 75,465 75,524.2 73,057.2 73,929.6 71,132.3 72,618.1 69,824.3 65,413.3 64,098.3 62,890.8 59,406.1 56,265.2 54,910.5 54,008.1 51,324.2 48,850.3 46,575 45,543.7 43,363.5 41,330.9 38,701.2 38,932.6 36,689.8 34,810.5 33,427.5 33,620.8 31,958.2 30,721.6 21,496.6 21,048.9 20,049.3 19,087.6 18,215.1 19,665.5 17,716.7 17,161.9 16,281.5 15,301.3 14,154 13,564.4 12,885 10,858.2 10,429.7 10,232.7 10,051.6 10,493.5 10,552.8 9,974.5 9,704.7 9,744.2 9,610.3 9,175.9 8,463.1 8,336.1 8,285.7 7,930.7 7,559.6 7,574 7,138.2 6,704.8 6,183.9 5,987.2 5,793.7 5,686.7 5,352.5 5,275.7 5,079.2 4,850.9 4,675.1 4,661.9 4,528.5 4,415.6 4,011.3 3,593.9 3,246.7 3,127.5
Debt Metrics
Total Debt 8,386 6,897 6,896 6,895 6,894 6,893 6,891.8 6,890.7 6,889.7 6,889 6,887.6 6,886.5 6,389.3 6,388.3 6,387.4 6,386.5 6,385.6 4,898.8 4,898.2 5,397.5 5,396.8 5,396.1 5,395.4 5,394.7 5,394 4,906.5 4,406.5 4,406 4,405.4 4,404.9 3,859.9 3,859.5 3,859.2 3,306.3 3,312.2 3,383.4 3,111.7 3,148.2 3,153.9 2,664.1 2,701.6 2,178.1 2,177.7 2,177.2 2,176.4 2,175.9 2,173.5 1,290 1,289.9 1,489.8 1,489.4 1,489.2 1,489 1,096.2 749.1 749 748.9 748.8 1,049.1 1,048.9 1,048.7 1,048.6 1,040.8 1,040.6 1,070.5 776.6 776.4 776.2 776.1 775.9 775.9 775.9 775.8 775.7 818.5 775.6 675.9 675.9 675.7 675.7 675.7 675.6 675.6 675.5 675.4 477.1 568.6 568.5 568.5
Net Debt 8,224 6,772 6,723 6,770 6,699 6,750 6,755.7 6,800.5 6,735.2 6,804 6,764.1 6,722.6 6,115.6 6,184.8 6,036.5 6,160.4 6,112.9 4,711.7 4,627.6 5,298 5,273.9 5,319.6 5,305.3 5,286.7 5,024.5 4,680.3 4,360.6 4,314.1 4,247.4 4,335.4 3,738 3,704.7 3,669.1 3,041.3 3,087.3 3,222.4 2,897.2 2,936.7 3,010.5 2,529.4 2,491.7 2,024.3 2,022.6 2,016.5 2,015.7 2,041.4 2,165.8 1,268 1,266.8 1,477.7 1,471.5 1,465.9 1,472.1 1,078.6 725.7 710.3 726.6 739.9 1,029.9 1,040 1,037.7 1,034.4 1,040.8 1,040.6 1,070.5 758 776.4 776.2 776.1 752.6 775.9 775.9 775.8 760.3 818.5 775.6 675.9 659.7 675.7 675.7 675.7 662.2 675.6 675.5 675.4 468.4 568.6 568.5 568.5
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income 2,818 2,951 2,615 3,175 2,567 2,356.5 2,333.4 1,459.1 2,331 1,987.8 1,121.3 345.4 447.9 826.4 124.1 (542.9) 313.9 962.3 118.5 790.1 1,480 1,684.3 1,530.8 1,790.4 699.1 1,074.6 843.6 979 1,082.8 259.8 930.2 701.2 729.8 580.3 214.8 372.7 430.3 398.1 205.5 194.9 258.7 305.3 394.3 412.7 386.3 460 357.8 319.8 286.3 291.5 152.2 178.5 160.4 176.2 124.7 96.4 103.7 48 58.8 (14.1) (46.6) 3.8 74 112.1 105.3 78.5 135.1 123 120.1 105.2 116.2 102.1 76.5 91.7 80.2 78.4 63.4 66.4 62.6 60.8 60.7 100.9 64.8 60.5 48.1 53.4 82.6 79.7 51.6
Depreciation & Amortization 75 (240.1) 81 79 70 75.8 70.7 67.5 70 76.3 74.3 75.7 73.4 83.6 83.3 84 85.7 90.4 89.1 80.8 77.1 87.8 85.1 81.8 77.1 83.4 72.2 80 70.5 70.6 69.2 63.7 58.9 61.2 59.9 58.5 56.5 58.3 52 46.2 43 86.1 75.8 70.9 76.5 65.9 29.8 25.7 24.6 20.2 22.4 21.6 20.9 19 22.8 20.6 19.5 19.5 20.3 19.4 18.4 22.1 19.2 15.5 15 15.1 13.8 14.3 12.9 11.7 9.8 8.5 6.6 5.9 5.1 7.6 5.2 5.3 5.1 5.2 4.8 5.1 5.9 4.3 4 3.8 3.6 4.3 4.4
Stock-Based Compensation 16 (47.9) 42 32 16 36.2 37.3 31.5 17 34.6 42.9 27.9 15.9 53 26 26.4 17.3 32 26 26.9 15.8 27.5 16.7 21.9 23.3 25.5 18.7 26.8 19.2 23.2 15.5 21.1 17.4 18.8 22.7 23 30.9 20.6 22.5 29.3 12.8 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 0 0 0 0 0 0 0
Change in Working Capital 371 380 2,777 1,177 2,296 477.7 2,460.7 1,593.6 1,982 579.8 2,017.3 2,025.7 1,972.6 (73.5) 1,601.8 418.7 1,609.8 (240.8) 2,143.8 1,855.9 1,596.3 471.7 346.8 1,224.2 253.7 283.8 875.9 605.3 1,105.2 128.2 873.2 974.3 876.6 (141.6) 822.3 471.9 629.8 (35.2) 386.2 466.6 506.8 106.6 106.1 369.4 763.8 555.2 (1,386.5) 1,917.3 23.5 539.6 (1,046.6) 764.3 1,097.8 266.7 (425.9) 318.8 417.7 509.7 434.5 (91.9) 552.3 (413.8) 461 670.5 511 (37.3) (506.1) 774.9 58.3 405.3 (256.2) 957.3 54.3 (100.1) 271.7 605.9 39.1 742.9 (41.3) (56.3) 46.2 17.4 475.2 (220.4) 228 8.1 152.1 178.3 (22.9)
Other Non-Cash Items 1,087 127.0 (320) (423) 194 61.1 (291.6) 114.5 (165) (54) 355.2 (137.7) (60.3) 40.1 192.1 1,403.4 475.6 (391.8) (6.2) (429.8) (554.7) (724) (499.7) (865.5) 579 (335.3) (49.8) (185.3) (404.8) 596.6 (168.1) (27.1) 76.2 1.2 41 (3.1) (0.2) 15.4 45.4 (2.7) 3.7 4.1 188.1 (194.5) (420.1) (180.6) 1,321.1 (1,468.9) 418.8 (283.7) 1,228.4 (439.9) (704.2) (5.7) 395.2 (10.5) (192.7) (451.8) (228.6) 317.4 (342.9) 462.4 (334) (565.4) (383.6) (33.3) 575.7 (729.3) 2.3 (425.5) 353.3 (871.1) 80.7 114 (129.1) (538.2) 51.4 (719.5) 163.2 126.5 (2) (65.4) (415) 276 (138.1) (11.1) (119.8) (184) 39.4
Operating Cash Flow 4,367 3,170 5,195 4,040 5,143 3,007.3 4,610.5 3,266.2 4,235 2,437.3 3,419.5 2,337 2,449.5 929.6 2,027.3 1,389.6 2,502.3 452.1 2,371.2 2,323.9 2,614.5 1,547.3 1,479.7 2,252.8 1,625.8 1,128.2 1,758.7 1,506.2 1,868.5 1,083.3 1,718.2 1,736.2 1,747.1 550.2 1,169.9 917.9 1,118.8 442.3 704.8 730.3 824.5 502.1 764.3 658.5 806.5 900.5 322.2 793.9 753.2 567.6 356.4 524.5 574.9 456.2 116.8 425.3 348.2 125.4 285 230.8 181.2 74.5 220.2 232.7 247.7 23 218.5 182.9 193.6 96.7 223.1 196.8 218.1 111.5 227.9 153.7 159.1 95.1 189.6 136.2 109.7 58 130.9 120.4 142 54.2 118.5 78.3 72.5
Investing Activities
Capital Expenditure (63) (121) (66) (102) (59) (110.2) (56.7) (68.1) (50) (82.1) (36.3) (90.4) (43.2) (47) (108.3) (63.7) (73) (55.2) (89.8) (48) (50.5) (47.1) (65.7) (48.3) (62.4) (82.3) (78) (127.4) (75.8) (101.2) (62.8) (66.2) (35.8) (46) (36.5) (38.2) (35) (52.9) (53) (54.8) (54.3) (49.5) (66.3) (16.6) (60.8) (54.2) (62) (45) (37.8) (26.3) (27.5) (21.6) (19.9) (20.9) (14.3) (20.7) (17.5) (27.3) (36.1) (28.6) (38.3) (25.4) (43.3) (35.5) (43.3) (135.4) 44.4 (44.3) (38.9) (44.2) (40.7) (17.5) (19.5) (10.1) (7.6) (7) (11.1) (9.7) (7.6) (9.4) (11.6) (12.3) (18.4) (12.8) (14.7) (24.5) (13.5) (15.2) (6.8)
Acquisitions 0 0 0 0 0 0 0 0 0 12.2 6.2 24.5 4.3 19.1 4.4 5.1 6.5 3.1 51.6 (309.2) 7.5 8.4 8.7 1.3 3.5 11.2 15.3 7.2 6.2 1.3 (1) (290.7) 1.5 1.5 1.3 (16.8) 11.2 1.7 1.2 1.3 2 36.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.2 0 0 0 0 0 0 0 (48) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (19,348) (23,214) (8,010) (8,496) (19,374) (11,999.9) (11,381.1) (11,245) (13,320) (6,884.1) (6,587.4) (6,254.7) (6,137.3) (6,470.9) (3,977.3) (6,560.8) (11,527.7) (8,328.5) (6,906.5) (8,162.5) (10,618.1) (6,781.1) (7,852.9) (10,229.4) (11,518.5) (8,747.9) (7,158.1) (8,434.4) (4,804.7) (7,026.3) (3,749.1) (5,313.5) (5,602.9) (5,064.6) (2,886) (3,500.3) (3,392.5) (4,313.1) (2,951.6) (2,131.8) (2,648.3) (7,310) (1,318.6) (3,314.7) (2,284.4) (465.6) (10,277.3) 490.1 (295.3) (260.5) (8,267.9) (115.8) (19.4) (202.5) (6,510.4) 18 1,795.1 (2,480.6) (1,336.1) (1,460.6) (1,209.1) (971.2) (1,409.7) (2,626.4) (2,164.1) (882.3) (940.7) (1,221.2) (1,930) (1,568.6) (2,607.1) (1,844.7) (1,650.7) (1,363) (1,296.1) (670.8) (1,842.6) (619.7) (684.3) (1,036.4) (1,022.1) (471.7) (838.6) (41.6) (599.3) (400.8) (576.5) (355.4) (359.4)
Sales/Maturities of Investments 13,832 20,549 2,791 4,513 16,907 9,499.3 6,603.9 7,949.8 10,181 4,820.6 3,346.1 3,228.4 3,841.8 5,612.8 2,225 5,598.3 7,579.1 9,092.2 5,400.5 6,227.3 10,618.4 5,727.3 6,338.2 8,379.2 9,937.5 8,206.1 5,563.9 6,661.7 4,679.3 5,450.3 2,468 3,616.3 3,367.2 4,845.8 1,973.1 2,139.4 2,670.5 4,181.6 1,929.8 1,237.7 2,380.6 (2,560.5) 3,127.2 457.6 (1,242.4) 1,650.2 2,055.9 1,682.5 1,342.8 3,316.8 4,198.5 837.9 1,761.5 1,467.3 4,943.6 317.2 724.1 2,152.9 872.2 560.2 727.4 (129.1) 1,332.6 2,394.2 1,660.6 (980.2) 891.7 1,056.1 1,762.2 108.2 2,428.4 1,648.5 1,525.8 18.6 1,126.6 469.3 1,700.4 (616.4) 491.8 861.4 988.4 (182.4) 2,042.6 (1,321.5) 290 (744.4) 217.6 298 298
Other Investing Activities 8,216 (313) 238 45 185 (330.6) 413.1 100.5 65 (212.9) (80.7) 225.2 57.2 (109.1) 74.7 (356) 219.1 (256.3) (12.4) 49 267.6 (373.7) 191.3 (320.1) 586.1 (261.2) (17) 380 (82.4) 0.7 (355.5) 278.5 89.4 (244.1) (48.8) 176.1 83.2 (157.5) (61.6) 208.1 70.4 9,451.2 (2,289.6) 2,368.7 2,835.1 (1,814.6) 7,965 (2,810.1) (1,692.1) (3,499.9) 3,343.9 (1,175.4) (2,153.3) (1,676.2) 1,096.2 (674.8) (2,808) 519 235.2 688.6 350.5 1,050.6 (116) 59.5 0 1,955.7 (168.4) 32.2 0 1,460.2 (5.6) 5.6 (48) 1,250.1 (50.2) 76.8 0 1,156 18.1 50.8 (68.9) 619.3 (1,310.4) 1,281.8 0 1,214.8 78.9 0 0
Investing Cash Flow 2,637 (3,099) (5,047) (4,040) (2,341) (2,941.4) (4,420.8) (3,262.8) (3,124) (2,346.3) (3,352.1) (2,867) (2,277.2) (995.1) (1,781.5) (1,377.1) (3,802.5) 455.3 (1,556.6) (2,243.4) 224.9 (1,466.2) (1,380.4) (2,217.3) (1,053.8) (874.1) (1,673.9) (1,512.9) (277.4) (1,675.2) (1,700.4) (1,775.6) (2,180.6) (507.4) (996.9) (1,239.8) (662.6) (340.2) (1,135.2) (739.5) (249.6) (432.7) (547.3) (505) (752.5) (684.2) (318.4) (682.5) (682.4) (469.9) (753) (474.9) (431.1) (432.3) (484.9) (360.3) (306.3) 164 (264.8) (240.4) (169.5) (72.9) (236.4) (208.2) (546.8) (42.2) (173) (177.2) (206.7) (92.4) (225) (208.1) (192.4) (104.4) (227.3) (131.7) (153.3) (89.8) (182) (133.6) (114.2) (47.1) (124.8) (94.1) (324) 45.1 (293.5) (72.6) (68.2)
Financing Activities
Net Debt Issuance 1,487 0 0 0 0 0 0 0 0 0 0 496.3 0 0 0 0 1,486 0 (500) 0 0 0 0 0 986.3 0 0 0 0 544.5 0 0 552.4 (6.2) (71.5) 271.1 (36.9) (6.3) 489.4 (24.4) (6.8) 0 0 0 0 (200) 0 0 0 0 0 0 0 0 0 0 0 (300.4) 0 0 0 7.7 0 (30) 293.7 0 0 0 0 (0.1) (0.1) (0.1) (20.1) (0.1) (0.1) 99.5 (0.1) (0.1) (0.1) (0.3) 0.1 (0.1) 0 (0.1) 198.2 (91.8) 0 (0.1) (0.1)
Stock Repurchased (478) (59) (40) (13) (54) (0.2) (85.8) (11) (37) (60.9) (39.7) (7.4) (32.7) (20.4) (49.1) (0.8) (28.7) (55.8) (71.8) (10.6) (84.8) (37.1) (45.4) (2.6) (26.5) (3.2) (59.7) (2.3) (26.1) (0.3) (39.3) (2.2) (37.2) (0.4) (38) (2.7) (21.4) (28.9) (51.5) (41.8) (70.3) (84) (220.5) (166.4) (60.2) (25.8) (18.5) (105.4) (93.4) (99.5) (0.2) (44.8) (145.8) (23.5) (9) (76.7) (34.5) 0 (1.7) 0 (16.1) (0.3) 0 0 (0.3) (1) (41.1) 0 (0.5) (0.3) 0 0 0 (0.4) (0.2) (120.3) (7.8) (1.4) (0.9) 0 0 (6.7) (0.1) (27) (2.5) (6.8) 0 0 0
Dividends Paid (7,972) (59) (58) (59) (2,695) (59.1) (58.6) (58.3) (506) (68.9) (68.8) (68) (71.9) (58.5) (71.9) (58.5) (71.9) (935) (71.9) (58.5) (2,707.9) (58.6) (71.9) (58.5) (1,388.8) (58.5) (71.8) (58.4) (1,481.3) (13.5) (13.5) 0 (654.9) 0 0 0 (395.4) (115.4) 0 0 (519) (5.9) (5.9) (6) (5.4) (5.4) (5.4) (5.4) (5.5) (5.4) (5.4) (5.5) (5.1) (5.1) (5.1) (5.2) (5.1) (5.2) (5.1) (4.8) (4.7) (4.8) (4.8) (4.7) (4.7) (4.7) (4.7) (4.4) (4.3) (4.3) (4.4) (4.3) (4.3) (4.3) (4.2) (5.2) (5.9) (6) (6) (6.1) (6) (5.9) (6.1) (5.7) (5.7) (5.7) (6) (5.7) (5.7)
Other Financing Activities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (20) 0 0 0 (235.7) 0 (11.2) 0 (9.6) 0 13.5 0 2.7 0.6 0 0 0 0.5 1.2 1.3 0.1 6.6 0 0 0 0 0 (50) 0 0 0 397.8 0 0 0 364.9 0 0 0.7 (6.2) 5.6 0.5 0.6 19.8 0 0 7.7 17.9 0 0 2.1 15.5 0 0 (74.9) 0 0 0 0.2 1.5 0.9 5.9 (0.1) 0.1 0 0 0 172 0 0
Financing Cash Flow (6,963) (118) (98) (72) (2,749) (59.3) (144.4) (69.3) (1,043) (129.8) (108.5) 420.9 (104.6) (78.9) (121) (59.3) 1,385.4 (990.8) (643.7) (89.1) (2,792.7) (95.7) (117.3) (296.8) (429) (72.9) (131.5) (70.3) (1,507.4) 544.2 (52.8) 0.5 354.8 (6.6) (109.5) 268.4 (453.2) (34) 439.2 (66.1) (589.5) (82.3) (214) (156.7) (55.1) (205.3) (13.6) (107.4) (76.2) (91.3) 395.9 (46.9) (143.8) (20.2) 355.9 (80.3) (25.5) (299.7) (9.9) 7.5 (14.9) 4 4 (29) 305.8 5.7 (34.6) 2.1 3.2 (1.7) 4 1.6 (12.8) (1) (2.5) (24.7) (8.1) (7.1) (2.8) (4.6) 6.3 (9.4) (5.9) (32.3) 191 (102.9) 166 (5.8) (5.8)
Cash Position
Net Change in Cash 41 (47) 50 (72) 53 7 45.3 (66.3) 68 (38.8) (41.1) (109.1) 67.7 (144.4) 124.8 (46.8) 85.2 (83.4) 170.9 (8.6) 46.7 (14.6) (18) (261.3) 143 181.2 (46.7) (65.8) 83.7 (47.7) (35) (38.9) (78.7) 50.4 63.9 (53.5) 3 68.1 8.7 (75.2) (14.5) (12.9) 3 (3.2) (1.1) 11 (9.8) 4 (5.4) 6.4 (0.7) 2.7 0 3.7 (12.2) (15.3) 16.4 (10.3) 10.3 (2.1) (3.2) 5.6 (12.2) (4.5) 6.7 (13.5) 10.9 7.8 (9.9) 2.6 2.1 (9.7) 12.9 6.1 (1.9) (2.7) (2.3) (1.8) 4.8 (2) 1.8 1.5 0.2 (6) 9 (102.9) 166 (5.8) (5.8)
Cash at Beginning 138 185 135 207 154 147 101.7 168 100 138.4 179.5 288.6 220.9 365.3 240.5 287.3 202.1 285.5 114.6 123.2 76.5 91.1 109.1 370.4 227.4 46.2 92.9 158.7 75 122.7 157.7 196.6 275.3 224.9 161 214.5 211.5 143.4 134.7 209.9 224.4 19.8 16.8 20 23.1 12.1 21.9 17.9 23.3 16.9 17.6 14.9 14.9 11.2 23.4 38.7 22.3 19.2 8.9 11 14.2 8.6 0 0 18.6 32.1 0 0 23.3 20.7 18.6 28.3 15.4 9.3 11.2 13.9 16.2 18 13.2 15.2 13.4 11.9 11.7 17.7 8.7 0 0 0 22.9
Cash at End 179 138 185 135 207 154 147 101.7 168 99.6 138.4 179.5 288.6 220.9 365.3 240.5 287.3 202.1 285.5 114.6 123.2 76.5 91.1 109.1 370.4 227.4 46.2 92.9 158.7 75 122.7 157.7 196.6 275.3 224.9 161 214.5 211.5 143.4 134.7 209.9 6.9 19.8 16.8 22 23.1 12.1 21.9 17.9 23.3 16.9 17.6 14.9 14.9 11.2 23.4 38.7 8.9 19.2 8.9 11 14.2 (12.2) (4.5) 25.3 18.6 10.9 7.8 13.4 23.3 20.7 18.6 28.3 15.4 9.3 11.2 13.9 16.2 18 13.2 15.2 13.4 11.9 11.7 17.7 (102.9) 166 (5.8) 17.1
Free Cash Flow 4,304 3,049 5,129 3,938 5,084 2,897.1 4,553.8 3,198.1 4,185 2,355.2 3,383.2 2,246.6 2,406.3 882.6 1,919 1,325.9 2,429.3 396.9 2,281.4 2,275.9 2,564 1,500.2 1,414 2,204.5 1,563.4 1,045.9 1,680.7 1,378.8 1,792.7 982.1 1,655.4 1,670 1,711.3 504.2 1,133.4 879.7 1,083.8 389.4 651.8 675.5 770.2 452.6 698 641.9 745.7 846.3 260.2 748.9 715.4 541.3 328.9 502.9 555 435.3 102.5 404.6 330.7 98.1 248.9 202.2 142.9 49.1 176.9 197.2 204.4 (112.4) 262.9 138.6 154.7 52.5 182.4 179.3 198.6 101.4 220.3 146.7 148 85.4 182 126.8 98.1 45.7 112.5 107.6 127.3 29.7 105 63.1 65.7
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 22,180 22,738 22,512 21,995 20,402 20,267.4 19,711.8 18,127 17,237 16,883.8 15,553.4 15,347.4 14,297.7 13,462.9 12,774.4 11,513.3 11,835.8 12,485.1 11,852.6 11,899.2 11,439.6 11,410.3 10,942.5 10,967.2 9,318.1 10,734.8 9,524.6 9,444.5 9,293.8 8,028.8 8,490 8,011.8 7,424.1 7,115.1 6,786 6,599.1 6,315.9 6,122.1 5,930.2 5,812.4 5,552.7 5,394.5 5,269.8 5,277.6 4,890 5,171.3 4,767 4,735.5 4,703.5 4,614.5 4,520.4 4,589.2 4,432.3 4,548.7 4,420.7 4,180.2 4,122.9 3,930.9 3,811.1 3,872.7 3,893.5 3,850.1 3,763.1 3,686.3 3,665.9 3,900.6 3,608.4 3,583.5 3,468.2 3,507.5 2,210.1 3,536.6 3,585.9 3,614.5 3,709.6 3,675.9 3,686.8 3,693.8 3,723.8 3,707.9 3,660.9 3,599 3,622.5 3,590.1 3,491.8 3,695.9 3,438.5 3,367.4 3,280.3 3,170.4 2,921 2,548.4 2,258.8 1,991.7 1,862.6 1,773.8 1,764.7 1,752 1,652.8 1,601.5
Gross Profit 8,353 6,657 3,547 6,879 6,142 5,831.6 5,811.3 4,224 5,033 4,188.7 2,992.3 2,023.7 2,557.9 2,589.3 1,784.8 1,158.6 2,014 2,667 1,650.4 2,564 3,454.7 3,618.5 3,394.2 4,850.3 2,380.1 2,765.2 2,346.8 2,567.8 2,824.2 1,393 2,304.2 2,005.7 1,957.1 1,668.2 1,195.4 1,470 1,549.6 1,307.9 1,056.6 1,110.5 1,199 1,260.7 1,192.3 1,243.1 1,142 1,226.9 1,100 1,091.6 1,128.6 1,043 993.1 1,108.2 1,087.9 1,119.8 995.2 772 1,000.9 846.9 711.6 863.5 1,038.7 883.2 872.1 804.3 909.4 894.7 809.2 786.8 795 626.8 (646.8) 724.6 378.1 372.6 852.8 832.3 559.6 617.8 630.7 621 677.3 439.6 477.8 617.1 643.7 648.7 609.6 604.2 708 559.7 457.6 249.3 262.7 199.3 169.2 145 95.1 109.8 (5.9) (54.7)
Operating Income 3,566 3,682 3,323 3,982 3,236 2,967.9 2,944.8 1,860 2,940 2,503.4 1,410.2 435.7 554.4 1,025.3 142.5 (635.9) 390.2 1,203.9 139 999.2 1,867.9 2,106.2 1,923.5 2,268.8 874.7 1,338.9 1,010.3 1,243.6 1,567.5 242.2 1,130.5 880.1 910.8 691.4 251.4 554.6 641.5 537.5 258.5 287.3 387.4 514.1 429 525.3 443.2 546.4 441.8 437.4 481.8 425.6 345 486.3 463.1 353.5 412.4 167.7 384.1 375.4 208.5 357.7 545.4 426.2 387.2 312.9 438.9 454.3 372 353.9 376.7 218.9 (1,080.9) 302.5 337.2 330.8 422.6 406.9 532.7 590.7 603.1 591.9 647.5 409.7 447.8 586.7 614.7 617.7 579.4 575 678.7 526.5 424.8 219.5 236.9 176.8 149.2 123.4 65.9 81.1 (33.4) 1,247.1
Net Income 2,818 2,951 2,615 3,175 2,567 2,356.5 2,333.4 1,459 2,331 1,987.8 1,121.3 345.4 447.9 826.4 124.1 (542.9) 313.9 962.3 118.5 790.1 1,480 1,684.3 1,530.8 1,790.4 692.7 1,070.8 841.7 979.4 1,078.4 264.7 928.4 704.2 718 576.3 224 367.6 424.3 383.2 198.7 190.9 258.2 330.4 278.3 363.3 295.6 370.2 296.1 293.4 321.3 299.8 232.4 324.6 308.6 249.1 277 118.6 257.6 256.7 150.7 245.2 362.9 299.2 261.6 211.9 295.6 305 269.9 250.1 232.5 159.3 (684.2) 215.5 239.4 236.1 299.2 283.7 363.5 400.9 409.6 400.4 436.6 281.6 305.3 394.3 412.7 413.5 388.9 386.3 460 357.8 286.3 152.2 160.4 124.7 103.7 86.6 48 58.8 (14.1) (46.6)
EPS (Diluted) 4.80 5.02 4.45 5.40 4.37 4.01 3.97 2.48 3.94 3.37 1.89 0.57 0.75 1.40 0.21 -0.93 0.54 1.65 0.19 1.34 2.51 2.88 0.39 0.80 1.17 1.83 1.42 1.66 1.83 0.45 1.57 1.19 1.22 0.99 0.38 0.63 0.73 0.66 0.34 0.33 0.44 0.57 0.47 0.62 0.50 0.63 0.50 0.49 0.54 0.50 0.39 0.54 0.51 0.41 0.46 0.19 0.42 0.42 0.24 0.38 0.55 0.46 0.40 0.32 0.44 0.46 0.40 0.37 0.35 0.24 -1.02 0.32 0.35 0.35 0.42 0.39 0.49 0.54 0.53 0.52 0.55 0.36 0.38 0.49 0.51 0.52 0.44 0.44 0.52 0.41 0.32 0.17 0.18 0.14 0.12 0.10 0.05 0.07 -0.02 -0.05
Balance Sheet
Cash & Equivalents 162 125 173 125 195 143 136.1 90.2 154.5 85 123.5 163.9 273.7 203.5 350.9 226.1 272.7 187.1 270.6 99.5 122.9 76.5 90.1 108 369.5 226.2 45.9 91.9 158 69.5 121.9 154.8 190.1 265 224.9 161 214.5 211.5 143.4 134.7 209.9 153.8 155.1 160.7 160.7 134.5 7.7 22 23.1 12.1 17.9 23.3 16.9 17.6 23.4 38.7 22.3 8.9 19.2 8.9 11 14.2 0 0 0 18.6 0 0 0 23.3 0 0 0 15.4 0 0 0 16.2 0 0 0 13.4 0 0 0 8.7 0 0 0
Total Assets 122,209 123,039 121,535 115,480 111,409 105,745 105,202.5 97,893 94,127.9 88,691 85,652.6 82,945.2 80,407.1 75,465 75,524.2 73,057.2 73,929.6 71,132.3 72,618.1 69,824.3 65,413.3 64,098.3 62,890.8 59,406.1 56,265.2 54,910.5 54,008.1 51,324.2 48,850.3 46,575 45,543.7 43,363.5 41,330.9 38,701.2 38,932.6 36,689.8 34,810.5 33,427.5 33,620.8 31,958.2 30,721.6 21,496.6 21,048.9 20,049.3 19,087.6 18,215.1 19,665.5 17,716.7 17,161.9 16,281.5 15,301.3 14,154 13,564.4 12,885 10,858.2 10,429.7 10,232.7 10,051.6 10,493.5 10,552.8 9,974.5 9,704.7 9,744.2 9,610.3 9,175.9 8,463.1 8,336.1 8,285.7 7,930.7 7,559.6 7,574 7,138.2 6,704.8 6,183.9 5,987.2 5,793.7 5,686.7 5,352.5 5,275.7 5,079.2 4,850.9 4,675.1 4,661.9 4,528.5 4,415.6 4,011.3 3,593.9 3,246.7 3,127.5
Total Debt 8,386 6,897 6,896 6,895 6,894 6,893 6,891.8 6,890.7 6,889.7 6,889 6,887.6 6,886.5 6,389.3 6,388.3 6,387.4 6,386.5 6,385.6 4,898.8 4,898.2 5,397.5 5,396.8 5,396.1 5,395.4 5,394.7 5,394 4,906.5 4,406.5 4,406 4,405.4 4,404.9 3,859.9 3,859.5 3,859.2 3,306.3 3,312.2 3,383.4 3,111.7 3,148.2 3,153.9 2,664.1 2,701.6 2,178.1 2,177.7 2,177.2 2,176.4 2,175.9 2,173.5 1,290 1,289.9 1,489.8 1,489.4 1,489.2 1,489 1,096.2 749.1 749 748.9 748.8 1,049.1 1,048.9 1,048.7 1,048.6 1,040.8 1,040.6 1,070.5 776.6 776.4 776.2 776.1 775.9 775.9 775.9 775.8 775.7 818.5 775.6 675.9 675.9 675.7 675.7 675.7 675.6 675.6 675.5 675.4 477.1 568.6 568.5 568.5
Stockholders' Equity 32,039 30,323 35,445 32,604 28,954 25,591 27,159.3 23,340.4 21,811.3 20,277 17,395.3 16,711.3 16,868.4 15,891 14,776.2 15,652.7 17,051.2 18,231.6 18,558.1 18,675.6 17,836.5 17,038.6 18,087.2 16,670.6 14,351.5 13,673.2 14,123.3 13,330.8 12,110.7 10,821.8 11,858.8 11,000.8 10,323.2 9,284.8 9,289.4 8,991.5 8,522.9 7,957.1 8,094.7 7,835.5 7,559.9 6,304.6 6,211.5 5,748.6 4,925 4,303.3 5,343.9 5,721.2 5,541.8 5,030.6 4,380.6 3,953.6 3,768 3,537.6 3,101.2 3,022.8 2,931.9 2,869.8 2,795 2,730.3 2,723.6 2,752.8 2,762.7 2,763.3 2,685.8 2,557.1 2,411.7 2,411 2,302.4 2,135.9 2,063.8 1,902 1,741.1 1,676.9 1,549.8 1,459.5 1,506.6 1,475.8 1,392.6 1,318.1 1,241.9 1,151.9 1,089.4 1,030.9 1,017.2 997.9 953.5 728.6 677.6
Cash Flow
Operating Cash Flow 4,367 3,170 5,195 4,040 5,143 3,007.3 4,610.5 3,266.2 4,235 2,437.3 3,419.5 2,337 2,449.5 929.6 2,027.3 1,389.6 2,502.3 452.1 2,371.2 2,323.9 2,614.5 1,547.3 1,479.7 2,252.8 1,625.8 1,128.2 1,758.7 1,506.2 1,868.5 1,083.3 1,718.2 1,736.2 1,747.1 550.2 1,169.9 917.9 1,118.8 442.3 704.8 730.3 824.5 502.1 764.3 658.5 806.5 900.5 322.2 793.9 753.2 567.6 356.4 524.5 574.9 456.2 116.8 425.3 348.2 125.4 285 230.8 181.2 74.5 220.2 232.7 247.7 23 218.5 182.9 193.6 96.7 223.1 196.8 218.1 111.5 227.9 153.7 159.1 95.1 189.6 136.2 109.7 58 130.9 120.4 142 54.2 118.5 78.3 72.5
Capital Expenditure (63) (121) (66) (102) (59) (110.2) (56.7) (68.1) (50) (82.1) (36.3) (90.4) (43.2) (47) (108.3) (63.7) (73) (55.2) (89.8) (48) (50.5) (47.1) (65.7) (48.3) (62.4) (82.3) (78) (127.4) (75.8) (101.2) (62.8) (66.2) (35.8) (46) (36.5) (38.2) (35) (52.9) (53) (54.8) (54.3) (49.5) (66.3) (16.6) (60.8) (54.2) (62) (45) (37.8) (26.3) (27.5) (21.6) (19.9) (20.9) (14.3) (20.7) (17.5) (27.3) (36.1) (28.6) (38.3) (25.4) (43.3) (35.5) (43.3) (135.4) 44.4 (44.3) (38.9) (44.2) (40.7) (17.5) (19.5) (10.1) (7.6) (7) (11.1) (9.7) (7.6) (9.4) (11.6) (12.3) (18.4) (12.8) (14.7) (24.5) (13.5) (15.2) (6.8)
Free Cash Flow 4,304 3,049 5,129 3,938 5,084 2,897.1 4,553.8 3,198.1 4,185 2,355.2 3,383.2 2,246.6 2,406.3 882.6 1,919 1,325.9 2,429.3 396.9 2,281.4 2,275.9 2,564 1,500.2 1,414 2,204.5 1,563.4 1,045.9 1,680.7 1,378.8 1,792.7 982.1 1,655.4 1,670 1,711.3 504.2 1,133.4 879.7 1,083.8 389.4 651.8 675.5 770.2 452.6 698 641.9 745.7 846.3 260.2 748.9 715.4 541.3 328.9 502.9 555 435.3 102.5 404.6 330.7 98.1 248.9 202.2 142.9 49.1 176.9 197.2 204.4 (112.4) 262.9 138.6 154.7 52.5 182.4 179.3 198.6 101.4 220.3 146.7 148 85.4 182 126.8 98.1 45.7 112.5 107.6 127.3 29.7 105 63.1 65.7