PPG Industries, Inc. logo PPG - PPG Industries, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 20
HOLD 16
SELL 2
STRONG
SELL 0
| PRICE TARGET: $127.67 DETAILS
HIGH: $135.00
LOW: $119.00
MEDIAN: $129.00
CONSENSUS: $127.67
UPSIDE: 18.45%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 3,930 3,914 4,082 4,195 3,684 2,165 4,575 4,235 4,311 4,350 4,644 4,872 4,380 4,185 4,468 4,691 4,308 4,190 4,372 4,359 3,881 3,757 3,685 3,015 3,377 3,672 3,826 4,024 3,624 3,645 3,817 4,131 3,781 3,682 3,776 3,804 3,486 3,417 3,660 3,782 3,411 3,696 3,725 4,100 3,662 3,707 3,935 4,082 3,636 3,702 3,774 3,883 3,108 3,648 3,408 3,528 3,333 3,517 3,849 3,986 3,533 3,379 3,460 3,458 3,126 3,116 3,225 3,115 2,783 3,188 4,225 4,474 3,962 2,874 3,073 3,155 2,632 2,773 2,802 2,824 2,638 2,505 2,547 2,656 2,493 2,411 2,409 2,429 2,264 2,175 2,304 1,990 2,134 1,907 2,164 2,099 2,254 2,144 2,210 2,152
Cost of Revenue 2,275 2,450 2,426 2,432 2,142 1,410 2,663 2,450 2,445 2,531 2,752 2,866 2,596 2,623 2,821 2,954 2,698 2,692 2,733 2,629 2,232 2,140 2,026 1,703 1,908 2,111 2,181 2,288 2,073 2,188 2,253 2,379 2,181 2,119 2,104 2,083 1,905 1,910 1,978 1,988 1,817 2,093 2,049 2,283 2,065 2,165 2,229 2,306 2,091 2,108 2,161 2,263 1,862 2,200 1,983 2,066 1,946 2,184 2,353 2,417 2,127 2,086 2,108 2,076 1,944 1,934 1,989 1,898 1,718 2,029 2,701 2,829 2,596 1,846 1,947 2,001 1,677 1,807 1,575 1,747 1,691 1,651 1,614 1,650 1,558 1,526 1,516 1,519 1,438 1,364 1,445 1,261 1,325 1,210 1,342 1,324 1,482 1,337 1,327 1,319
Gross Profit 1,655 1,464 1,656 1,763 1,542 755 1,912 1,785 1,866 1,819 1,892 2,006 1,784 1,562 1,647 1,737 1,610 1,498 1,639 1,730 1,649 1,617 1,659 1,312 1,469 1,561 1,645 1,736 1,551 1,457 1,564 1,752 1,600 1,563 1,672 1,721 1,581 1,507 1,682 1,794 1,594 1,603 1,676 1,817 1,597 1,542 1,706 1,776 1,545 1,594 1,613 1,620 1,246 1,448 1,425 1,462 1,387 1,333 1,496 1,569 1,406 1,293 1,352 1,382 1,182 1,182 1,236 1,217 1,065 1,159 1,524 1,645 1,366 1,028 1,126 1,154 955 966 1,227 1,077 947 854 933 1,006 935 885 893 910 826 811 859 729 809 697 822 775 772 807 883 833
Operating Expenses
R&D Expenses 113 109 106 106 102 98 105 108 109 111 108 110 104 108 110 115 115 116 114 107 102 100 92 86 101 109 107 111 105 105 110 114 112 116 114 112 110 115 115 115 114 125 117 123 119 126 120 126 120 126 117 118 109 118 112 113 110 109 108 110 103 104 97 97 96 102 95 97 94 107 114 118 112 90 86 87 81 87 76 78 75 79 77 76 77 79 74 74 76 75 72 71 68 66 67 67 70 72 70 70
SG&A Expenses 885 905 824 872 838 188 1,062 858 1,064 1,114 1,047 1,069 1,182 955 931 982 974 1,034 950 955 891 882 836 766 905 894 887 934 889 855 867 945 906 946 894 876 904 868 1,861 930 897 922 875 954 914 932 941 985 900 957 910 925 746 847 779 792 823 802 806 829 797 768 739 745 727 757 732 731 716 750 877 936 871 569 595 564 502 525 462 495 460 423 437 461 450 444 422 423 426 417 389 366 359 354 342 351 365 329 343 327
Other Expenses 132 0 288 135 121 88 129 124 141 150 142 133 133 133 135 141 145 149 146 137 129 125 132 123 129 134 133 126 118 127 122 125 123 120 117 113 110 109 113 109 109 125 120 125 120 123 119 115 119 125 113 119 101 117 105 102 108 115 116 119 117 121 116 115 121 126 123 122 122 122 144 169 141 96 104 103 92 97 88 94 91 92 92 93 95 97 96 98 97 97 100 99 101 112 112 112 111 112 112 112
Operating Expenses 1,130 1,014 1,218 1,113 1,061 374 1,296 1,090 1,314 1,375 1,297 1,312 1,419 1,196 1,176 1,238 1,234 1,299 1,210 1,199 1,122 1,107 1,060 975 1,135 1,137 1,127 1,171 1,112 1,087 1,099 1,184 1,141 1,182 1,125 1,101 1,124 1,092 2,089 1,154 1,120 1,172 1,112 1,202 1,153 1,181 1,180 1,226 1,139 1,208 1,140 1,162 956 1,082 996 1,007 1,041 1,026 1,030 1,058 1,017 993 952 957 944 985 950 950 932 979 1,135 1,223 1,124 755 785 754 675 709 626 667 626 594 606 630 622 620 592 595 599 589 561 536 528 532 521 530 546 513 525 509
Operating Income
Operating Income 525 450 438 650 481 381 616 695 552 444 595 694 365 366 471 499 376 199 429 531 527 510 599 337 334 424 518 565 439 370 465 568 459 381 547 620 457 415 (407) 640 474 431 564 615 444 361 526 550 406 386 473 458 290 366 429 455 346 307 466 511 389 300 400 425 238 197 286 267 133 180 389 422 242 273 341 400 280 257 601 410 321 260 327 376 313 265 301 315 227 222 298 193 281 165 301 245 226 294 358 324
Interest Expense 61 58 65 62 56 57 67 62 55 57 64 67 59 53 46 38 30 30 30 31 30 31 34 41 32 33 33 35 31 30 31 31 26 27 27 26 25 29 34 31 31 32 31 34 29 45 47 48 47 48 48 47 53 55 54 50 51 51 51 55 53 52 46 46 45 49 47 49 48 0 62 65 64 0 0 0 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 37 24 42 44 43 42 48 45 42 44 39 32 25 20 14 11 9 7 7 6 6 5 4 5 9 9 10 7 6 5 6 7 5 7 5 4 4 6 6 7 7 9 10 10 11 12 13 13 12 13 11 9 10 10 10 9 10 10 11 11 10 34 9 0 0 28 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 657 581 759 795 679 155 828 837 734 399 763 846 545 505 599 745 253 461 617 761 658 501 738 290 480 565 647 524 568 499 604 635 570 524 667 798 581 269 (279) 770 590 576 705 611 579 189 665 687 538 546 408 588 395 510 561 579 112 450 629 674 521 461 548 573 372 372 442 421 55 216 404 624 388 369 445 503 372 354 689 504 412 352 419 469 408 362 397 413 324 319 398 292 382 277 413 357 337 406 470 436
EBIT 525 447 621 660 558 67 678 713 593 249 621 713 412 372 464 604 108 312 471 624 529 376 606 167 351 431 514 398 450 372 482 510 447 404 550 685 471 160 (392) 661 475 451 585 486 459 66 546 572 419 421 295 469 294 393 456 476 4 335 513 555 404 343 432 458 251 249 322 302 (63) 98 265 459 247 273 341 400 280 257 601 410 321 260 327 376 313 265 301 315 227 222 298 193 281 165 301 245 226 294 358 324
Income Before Tax 517 389 556 598 502 10 611 651 538 192 557 646 353 319 418 566 78 282 441 593 499 345 572 126 319 398 481 363 419 342 451 479 421 377 523 659 446 131 (426) 630 444 419 554 452 430 21 499 524 372 373 247 422 241 338 402 426 (47) 284 462 500 351 291 386 412 206 200 275 253 (111) 128 203 394 183 292 336 398 280 253 101 405 269 187 255 360 145 265 294 302 202 (153) 245 158 (531) 133 261 104 162 242 337 248
Income Tax Expense 132 78 118 140 122 53 137 149 129 89 121 149 80 73 79 118 55 4 96 160 114 67 124 29 71 95 109 86 102 83 79 104 87 224 124 157 110 40 (220) 285 109 100 133 110 104 (71) 116 125 89 91 40 98 44 85 92 98 (31) 45 120 128 92 63 94 111 147 37 90 84 (20) 46 65 116 57 82 105 125 57 80 14 107 66 60 77 111 34 72 82 99 69 59 93 57 (186) 50 94 48 36 92 132 109
Net Income 382 300 453 450 373 (280) 468 528 400 90 426 490 264 238 329 441 18 286 344 431 378 272 442 102 243 292 367 272 312 258 378 371 334 151 610 496 337 340 (184) 370 347 314 433 337 322 83 371 386 1,262 254 226 341 2,410 227 339 362 13 216 311 340 228 205 262 272 30 142 159 146 (111) 71 117 250 100 200 189 249 194 157 90 280 184 113 157 231 95 183 194 187 119 122 152 94 (345) 83 155 56 126 150 205 139
Per Share Data
EPS (Basic) 1.71 1.34 2.01 1.98 1.64 -1.20 2.01 2.25 1.70 0.38 1.80 2.08 1.12 1.01 1.40 1.86 0.08 1.20 1.45 1.81 1.59 1.15 1.87 0.43 1.03 1.23 1.55 1.15 1.32 1.08 1.56 1.51 1.41 0.60 2.38 1.93 1.31 1.31 -0.69 1.38 1.30 1.17 1.60 1.24 1.18 0.31 1.35 1.39 4.54 0.90 0.79 1.19 8.24 0.74 1.11 1.19 0.04 0.71 0.99 1.08 0.71 0.64 0.80 0.82 0.09 0.43 0.48 0.45 -0.34 0.22 0.36 0.76 0.31 0.61 0.58 0.76 0.59 0.48 0.27 0.85 0.56 0.34 0.47 0.68 0.28 0.53 0.56 0.55 0.35 0.36 0.45 0.28 -1.02 0.24 0.46 0.17 0.37 0.44 0.59 0.40
EPS (Diluted) 1.70 1.33 2.00 1.98 1.63 -1.20 2.00 2.24 1.69 0.38 1.79 2.06 1.11 1.01 1.39 1.85 0.08 1.20 1.43 1.80 1.58 1.14 1.86 0.43 1.02 1.22 1.54 1.14 1.31 1.08 1.55 1.51 1.40 0.59 2.36 1.92 1.30 1.30 -0.69 1.37 1.29 1.16 1.59 1.23 1.17 0.30 1.33 1.38 4.49 0.89 0.78 1.18 8.15 0.73 1.09 1.17 0.04 0.71 0.98 1.06 0.70 0.64 0.79 0.82 0.09 0.43 0.48 0.45 -0.34 0.22 0.35 0.76 0.31 0.61 0.57 0.75 0.59 0.48 0.27 0.84 0.56 0.34 0.46 0.67 0.28 0.53 0.56 0.54 0.35 0.36 0.45 0.28 -1.01 0.24 0.46 0.17 0.37 0.43 0.59 0.40
Shares Outstanding 223.7 224.4 225.4 226.8 228 233.3 233.3 234.5 235.6 236.2 236.2 236 235.8 235.5 235.5 236.4 236.6 237.4 237.9 237.8 237.4 237.2 236.8 236.6 236.5 237 237.1 236.9 236.7 238.5 242.2 244.9 249.8 251.7 256.4 257.1 257.3 262 266.3 267.2 266.9 269.2 271.1 272.5 273.2 274.6 276.4 277.2 278.2 281.6 286.4 286.8 292.2 308.2 307.4 306.4 305.6 305.6 313.6 316.4 320.8 320.8 328.4 330.8 331.8 331.8 330.4 327.6 328 328 329.4 329.2 329 327.9 328.8 329.6 328.8 328.8 333.3 331.4 331.5 331.5 337.6 342.2 345.5 341.9 343.4 343.1 344.9 338.9 337.8 338.1 338.2 338.4 336.6 339.4 336.8 345.6 347.5 348.2
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 1,573 2,163 1,832 1,561 1,830 1,270 1,251 1,131 1,181 1,493 1,218 1,228 1,426 1,099 1,029 931 960 1,005 1,216 1,195 1,808 1,826 2,008 2,252 1,886 1,216 1,432 963 784 902 1,103 1,020 1,346 1,436 2,287 1,569 1,349 1,820 929 1,605 909 784 689 1,057 1,052 531 227 583 466 499 153 77 117 163 159 118 78 111 135 144 145 158 164 96 82 128 264 151 141 129 90 105 109.5 69.6 104.4 121.9 89 105.6 118.3 100.6 73.2 62.1 165.7 52.5 116.9 111.9 61.3 53.9 89.4
Short-Term Investments 51 56 76 64 63 88 71 61 54 75 64 68 56 55 60 61 73 67 88 110 120 96 87 45 50 57 58 53 55 61 57 63 58 55 41 48 40 43 46 64 121 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 3,676 3,336 3,718 3,891 3,429 2,985 3,653 3,845 3,581 3,007 3,612 3,821 3,595 3,303 3,541 3,818 3,659 3,152 3,382 3,498 3,034 2,726 2,843 2,673 2,804 2,756 3,028 3,332 3,197 2,845 3,217 3,438 3,343 2,903 3,155 3,191 3,057 2,654 2,962 3,108 3,106 2,781 2,809 2,628 2,847 2,713 2,497 1,845 1,794 1,631 1,773 1,649 1,486 1,559 1,534 1,637 1,617 1,563 1,652 1,724 1,713 1,594 1,592 1,500 1,438 1,366 1,354 1,509 1,443 1,353 1,301 1,376 1,344.8 1,226 1,278.6 1,388.8 1,339.2 1,245 1,319.8 1,402.6 1,413 1,228.9 1,229.2 1,294.8 1,221.4 996.7 1,106.6 1,139.6 1,205.1
Inventory 2,162 1,996 2,182 2,224 2,115 1,846 2,263 2,299 2,331 1,934 2,217 2,506 2,599 2,272 2,411 2,481 2,439 2,171 2,249 2,226 1,914 1,735 1,672 1,706 1,859 1,710 1,860 1,945 1,965 1,783 1,962 1,956 1,963 1,730 1,805 1,766 1,727 1,514 1,676 1,803 1,863 1,541 1,599 1,548 1,672 1,677 1,385 1,025 1,044 997 1,004 1,004 942 957 1,006 1,076 1,141 1,121 1,070 1,067 1,067 1,016 1,020 915 948 917 870 902 898 863 819 807 819.6 797 779.1 746.6 779.8 738 759.9 760.4 767.3 686.4 686.8 694.5 718.2 683.3 735.9 741.6 748.7
Other Current Assets 508 408 415 450 464 368 675 448 524 922 441 445 517 444 449 465 496 379 365 417 463 415 392 401 467 431 439 414 408 370 402 402 400 353 350 571 473 543 804 527 719 780 825 741 851 849 1,307 437 401 410 393 365 400 371 285 305 325 298 286 256 252 294 365 268 257 249 228 249 247 239 201 192 193.4 203 189.9 195 193.7 187 176.6 188.4 197.6 190.8 233.9 221.1 227.1 234 208.9 199.9 200
Total Current Assets 7,970 7,959 8,223 8,190 7,901 6,557 7,913 7,784 7,671 7,431 7,552 8,068 8,193 7,173 7,490 7,756 7,627 6,774 7,300 7,446 7,339 6,798 7,002 7,077 7,066 6,170 6,817 6,707 6,409 5,961 6,741 6,879 7,110 6,477 7,638 7,145 6,646 6,574 6,417 7,107 6,718 5,886 5,922 5,981 6,422 5,770 5,416 3,890 3,705 3,537 3,323 3,095 2,945 3,050 2,984 3,136 3,161 3,093 3,143 3,191 3,177 3,062 3,141 2,779 2,725 2,660 2,716 2,811 2,729 2,584 2,411 2,480 2,467.3 2,296 2,352 2,452.3 2,401.7 2,276 2,374.6 2,452 2,451.1 2,168.2 2,315.6 2,262.9 2,283.6 2,025.9 2,112.7 2,135 2,243.2
Non-Current Assets
Property, Plant & Equipment 4,598 0 0 4,318 4,155 4,061 4,416 4,448 4,441 4,021 4,231 4,254 4,184 4,157 3,955 4,047 4,201 4,333 4,256 4,358 3,903 3,974 3,726 3,691 3,647 3,765 3,604 3,660 3,592 2,805 2,738 2,738 2,862 2,824 2,730 2,710 2,806 2,608 2,863 2,950 3,038 2,533 2,660 2,754 2,745 2,658 2,391 2,453 2,512 2,566 2,610 2,611 2,632 2,606 2,791 2,801 2,849 2,941 2,900 2,920 2,918 2,933 2,861 2,876 2,874 2,905 2,806 2,889 2,878 2,855 2,846 2,861 2,871.4 2,913 2,891.6 2,863.5 2,850 2,835 2,763.6 2,757.8 2,758.9 2,742.3 2,718.9 2,735.7 2,762.7 2,787.3 2,839.2 2,908 2,952
Goodwill 6,152 0 6,116 6,112 5,824 5,690 6,080 6,047 6,140 6,115 6,181 6,294 6,163 6,078 5,884 6,119 6,232 6,248 6,206 6,233 5,153 5,102 4,419 4,307 4,243 4,470 4,335 4,312 4,103 4,070 3,939 3,920 4,100 3,942 3,881 3,845 3,720 3,572 3,701 3,602 3,743 2,526 2,687 2,784 2,696 2,544 1,462 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,960 0 1,983 2,025 1,933 1,922 2,203 2,266 2,399 2,261 2,416 2,493 2,442 2,414 2,352 2,449 2,590 2,783 2,842 3,024 2,301 2,351 1,930 1,916 1,918 2,131 2,083 2,081 2,020 1,972 2,004 1,986 2,132 2,045 2,099 2,118 2,080 1,983 2,073 2,073 2,170 1,238 1,343 1,416 1,446 1,388 629 1,651 1,674 1,652 1,610 1,574 1,561 1,532 1,574 1,570 1,595 1,648 1,638 1,696 1,722 1,662 1,573 571 586 724 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 346 0 342 338 317 331 300 295 275 254 264 262 255 244 253 250 267 274 272 269 429 267 267 251 245 258 254 251 261 251 266 258 270 268 261 256 175 179 328 322 370 525 503 499 499 493 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 625 0 5,480 594 596 569 580 570 601 1,293 628 602 603 583 752 740 734 742 696 685 680 685 699 740 762 694 777 745 744 727 724 723 719 677 585 582 588 669 592 654 628 658 641 806 757 750 1,009 654 716 669 783 771 725 1,394 1,479 1,445 1,456 1,443 1,348 1,294 1,255 1,257 1,175 1,287 1,250 1,098 1,611 1,524 1,499 1,429 1,281 1,225 1,214.5 1,232 1,182.1 1,185.8 1,095.2 1,083 1,050.2 967.6 938 983.4 832 826.3 855.9 838.3 816.1 799.3 799.8
Total Non-Current Assets 14,180 0 13,921 13,909 13,239 12,876 13,945 13,945 14,196 14,216 13,949 14,148 13,906 13,571 13,378 13,816 14,261 14,577 14,583 14,907 12,800 12,758 11,298 11,093 10,998 11,538 11,247 11,248 10,962 10,054 9,977 9,915 10,434 10,061 9,977 9,832 9,508 9,197 10,073 10,141 10,597 7,480 7,834 8,259 8,143 7,833 5,491 4,758 4,902 4,887 5,003 4,956 4,918 5,532 5,844 5,816 5,900 6,032 5,886 5,910 5,895 5,852 5,609 4,734 4,710 4,727 4,417 4,413 4,377 4,284 4,127 4,086 4,085.9 4,145 4,073.7 4,049.3 3,945.2 3,918 3,813.8 3,725.4 3,696.9 3,725.7 3,550.9 3,562 3,618.6 3,625.6 3,655.3 3,707.3 3,751.8
Total Assets 22,150 7,959 22,144 22,099 21,140 19,433 21,858 21,729 21,867 21,647 21,501 22,216 22,099 20,744 20,868 21,572 21,888 21,351 21,883 22,353 20,139 19,556 18,300 18,170 18,064 17,708 18,064 17,955 17,371 16,015 16,718 16,794 17,544 16,538 17,615 16,977 16,154 15,771 16,490 17,248 17,315 13,366 13,756 14,240 14,565 13,603 10,907 8,648 8,607 8,424 8,326 8,051 7,863 8,582 8,828 8,952 9,061 9,125 9,029 9,101 9,072 8,914 8,750 7,513 7,435 7,387 7,133 7,224 7,106 6,868 6,538 6,566 6,553.2 6,441 6,425.7 6,501.6 6,346.9 6,194 6,188.4 6,177.4 6,148 5,893.9 5,866.5 5,824.9 5,902.2 5,651.5 5,768 5,842.3 5,995
Current Liabilities
Account Payables 4,001 3,957 3,947 4,061 0 3,035 0 0 0 3,307 0 0 0 3,472 0 0 0 3,735 0 0 0 3,156 0 0 0 2,910 0 0 0 3,007 0 0 0 3,162 0 0 0 2,799 0 0 0 0 0 1,384 0 0 2,111 1,641 1,594 1,504 1,527 1,429 1,378 1,392 1,368 1,389 1,374 764 1,436 1,463 1,403 755 1,379 1,242 1,202 630 1,164 1,245 1,212 646 1,081 1,095 1,055.4 602 1,071.4 1,080.4 1,066.8 583 1,096.3 1,077.9 1,059.4 517.8 971.5 989.4 929.9 921.2 904.9 862.9 888.6
Short-Term Debt 874 844 1,550 1,413 1,688 939 339 639 311 306 606 809 209 313 314 325 319 9 704 770 881 578 675 1,688 1,456 513 639 654 653 651 15 22 19 12 616 619 604 629 652 686 38 59 112 272 896 869 178 348 347 327 234 332 352 494 944 1,116 1,284 1,161 1,024 1,018 1,105 954 872 711 777 637 335 512 522 444 566 598 590.2 648 584.7 761.2 689.4 485 444.6 370 382.2 370.7 300.7 381 475.8 355.1 433.9 522.1 522.2
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 78 99 115 147 4,015 294 4,461 4,392 4,440 555 4,305 4,419 4,474 215 4,434 4,657 4,663 260 4,565 4,524 4,059 366 3,764 3,375 3,573 281 3,777 3,885 3,767 179 3,918 4,025 4,011 180 4,002 3,822 3,669 288 3,808 3,689 4,518 3,314 3,306 657 3,206 3,101 743 396 300 308 289 183 190 182 0 0 0 0 0 0 0 0 40 36 66 0 31 35 84 8 9 38 81.2 15 37.2 18.6 97.2 41 39.4 64.8 134.7 19.4 17.5 0.1 54.6 4.7 4.5 33.8 52.3
Total Current Liabilities 4,953 4,900 5,612 5,762 5,837 5,014 4,996 5,225 4,943 5,054 5,100 5,416 4,868 4,721 4,926 5,165 5,172 4,766 5,463 5,488 5,120 4,831 4,613 5,234 5,195 4,375 4,578 4,706 4,588 4,373 3,933 4,047 4,030 3,895 4,618 4,441 4,273 4,253 4,460 4,375 4,556 3,373 3,418 3,577 4,102 3,970 3,032 2,385 2,241 2,139 2,050 1,944 1,920 2,068 2,312 2,505 2,658 2,543 2,460 2,481 2,508 2,384 2,291 1,989 2,045 1,912 1,530 1,792 1,818 1,662 1,656 1,731 1,726.8 1,769 1,693.3 1,860.2 1,853.4 1,629 1,580.3 1,512.7 1,576.3 1,424.5 1,289.7 1,370.5 1,460.3 1,281 1,343.3 1,418.8 1,463.1
Non-Current Liabilities
Long-Term Debt 6,401 6,602 6,357 5,919 5,574 4,876 6,138 5,765 5,940 5,748 5,596 6,099 7,082 6,503 6,478 6,766 6,834 6,572 6,092 6,387 5,336 5,171 4,828 4,613 4,751 4,539 4,885 4,845 4,626 4,365 5,023 5,048 5,199 4,134 4,089 3,998 3,817 3,787 3,752 4,426 4,226 3,017 3,051 3,074 3,306 2,986 1,181 1,295 1,329 1,339 1,684 1,699 1,689 1,707 1,720 1,703 1,701 1,800 1,820 1,824 1,825 1,826 1,849 1,051 1,066 1,047 1,203 1,223 1,230 1,216 990 980 1,008.3 806 843.1 848.6 712.4 707 744.5 652.8 655.5 745 767.7 769.1 771.9 774 781.4 790.8 865.4
Deferred Tax Liabilities 496 0 506 501 464 405 496 509 554 500 566 577 571 501 539 573 667 646 642 683 422 435 436 397 399 452 455 382 447 429 460 425 471 442 445 390 400 417 521 546 479 301 319 328 293 277 156 97 99 88 71 66 64 346 555 539 547 543 480 461 490 520 495 451 434 440 429 445 409 406 411 417 411.4 419 379.3 371.6 346 355 355 317.4 303.7 302.7 280.3 272 277.5 268.6 232.5 217.3 256.3
Other Non-Current Liabilities 1,591 0 1,246 1,698 1,707 1,722 1,660 1,681 1,704 1,905 1,682 1,699 1,693 1,674 2,150 2,136 2,198 2,263 2,567 2,648 2,616 2,627 2,329 2,319 2,255 2,317 2,203 2,263 2,134 2,116 2,224 2,291 2,377 2,395 2,453 2,413 2,378 2,399 2,636 2,468 2,806 3,036 3,179 3,339 3,496 3,367 2,395 1,695 1,850 1,810 1,936 1,961 1,899 1,554 1,011 1,008 1,010 1,004 996 1,004 1,010 970 1,013 996 996 987 964 975 955 952 916 894 876.6 860 872.9 865.6 861.8 837 795.4 802 791.6 766 773.8 780.4 821 802.9 893.5 840.1 872.1
Total Non-Current Liabilities 8,943 6,602 8,576 8,593 8,211 7,457 8,890 8,559 8,798 8,570 8,466 9,008 9,978 9,314 9,798 10,116 10,383 10,174 10,010 10,454 9,050 8,910 8,263 7,998 8,032 7,930 8,131 8,062 7,773 6,910 7,707 7,764 8,047 6,971 6,987 6,801 6,595 6,603 6,909 7,440 7,511 6,354 6,549 6,741 7,095 6,630 3,732 3,087 3,278 3,237 3,691 3,726 3,662 3,607 3,286 3,250 3,258 3,357 3,296 3,289 3,325 3,326 3,357 2,498 2,496 2,508 2,596 2,643 2,594 2,615 2,317 2,291 2,296.3 2,113 2,095.3 2,085.8 1,920.2 1,928 1,894.9 1,772.2 1,750.8 1,842.1 1,821.8 1,821.5 1,870.4 1,845.5 1,907.4 1,848.2 1,993.8
Total Liabilities 13,896 11,502 14,188 14,355 14,048 12,471 13,886 13,784 13,741 13,624 13,566 14,424 14,846 14,035 14,724 15,281 15,555 14,940 15,473 15,942 14,170 13,741 12,876 13,232 13,227 12,305 12,709 12,768 12,361 11,283 11,640 11,811 12,077 10,866 11,605 11,242 10,868 10,856 11,369 11,815 12,067 9,727 9,967 10,318 11,197 10,600 6,764 5,472 5,519 5,376 5,741 5,670 5,582 5,675 5,598 5,755 5,916 5,900 5,756 5,770 5,833 5,710 5,648 4,487 4,541 4,420 4,126 4,435 4,412 4,277 3,973 4,022 4,023.1 3,882 3,788.6 3,946 3,773.6 3,557 3,475.2 3,284.9 3,327.1 3,266.6 3,111.5 3,192 3,330.7 3,126.5 3,250.7 3,267 3,456.9
Stockholders' Equity
Common Stock 969 0 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 969 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484 484.3 484.3 484.3 484.3 484.3 484.3 484.3 484.3 484.3 484.3 484.3 484.3 242.1 0 0 0 0
Retained Earnings 23,165 0 22,802 22,509 22,213 21,994 22,432 22,123 21,747 21,500 21,563 21,290 20,946 20,828 20,736 20,552 20,251 20,372 20,226 20,022 19,719 19,469 19,325 19,010 19,029 18,906 18,735 18,488 18,330 18,131 17,987 17,725 17,464 17,141 17,106 16,613 16,214 15,984 15,744 16,034 15,770 8,262 8,080 8,139 8,017 7,958 7,848 6,545 6,439 6,399 6,282 6,203 6,197 6,174 6,538 6,515 6,430 6,444 6,385 6,303 6,168 6,098 6,001 5,968 5,849 5,791 5,692 5,508 5,371 5,239 5,139 5,026 4,866.4 4,759.8 4,665.5 4,533.2 4,364.2 4,249 4,145.9 4,036.9 3,877.2 3,717.1 3,626.5 3,539.7 3,502.2 3,436.8 3,445.5 3,477 3,423.1
Accumulated Other Comprehensive Income (2,178) 0 (2,264) (2,342) (2,833) (3,108) (2,780) (2,663) (2,251) (2,239) (2,472) (2,299) (2,408) (2,810) (3,266) (2,922) (2,714) (2,750) (2,871) (2,664) (2,730) (2,599) (2,788) (2,925) (3,042) (2,350) (2,328) (2,230) (2,224) (2,300) (2,197) (2,275) (2,005) (2,057) (2,063) (2,059) (2,076) (2,356) (2,541) (2,749) (2,643) (1,603) (1,353) (1,261) (1,613) (1,877) (596) (759) (720) (702) (1,004) (1,117) (1,186) (538) (530) (549) (501) (425) (452) (405) (358) (312) (320) (350) (366) (302) (303) (340) (322) (323) (284) (280) (237.4) (190.9) (210.4) (217.2) (187.2) (185.8) (186.8) (170.5) (168.2) (223.3) (206.9) (234.9) (253.1) 0 0 0 0
Total Stockholders' Equity 8,104 (3,543) 7,800 7,577 6,927 6,785 7,788 7,767 7,941 7,832 7,751 7,614 7,142 6,592 6,034 6,182 6,218 6,286 6,253 6,242 5,839 5,689 5,310 4,832 4,723 5,284 5,247 5,079 4,904 4,630 4,980 4,884 5,346 5,558 5,902 5,630 5,192 4,826 5,031 5,346 5,161 3,450 3,592 3,753 3,175 2,830 4,003 3,060 2,972 2,911 2,430 2,236 2,150 2,773 3,103 3,062 3,014 3,097 3,139 3,226 3,137 3,106 3,001 2,935 2,797 2,880 2,921 2,703 2,607 2,509 2,483 2,464 2,452.8 2,482.6 2,562.5 2,481 2,499.8 2,569.2 2,641 2,815.7 2,746.6 2,557 2,689.9 2,573.3 2,515.4 2,473.1 2,465.5 2,528.1 2,489.2
Total Liabilities & Equity 22,150 7,959 22,144 22,099 21,140 19,433 21,858 21,729 21,867 21,647 21,501 22,216 22,099 20,744 20,868 21,572 21,888 21,351 21,883 22,353 20,139 19,556 18,300 18,170 18,064 17,708 18,064 17,955 17,371 16,015 16,718 16,794 17,544 16,538 17,615 16,977 16,154 15,771 16,490 17,248 17,315 13,366 13,756 14,240 14,565 13,603 10,907 8,648 8,607 8,424 8,326 8,051 7,863 8,582 8,828 8,952 9,061 9,125 9,029 9,101 9,072 8,914 8,750 7,513 7,435 7,387 7,133 7,224 7,106 6,868 6,538 6,566 6,553.2 6,441 6,425.7 6,501.6 6,346.9 6,194 6,188.4 6,177.4 6,148 5,893.9 5,866.5 5,824.9 5,902.2 5,651.5 5,768 5,842.3 5,995
Debt Metrics
Total Debt 7,730 7,446 8,374 7,948 7,862 6,395 7,269 7,202 7,043 6,599 7,013 7,729 8,108 7,635 7,601 7,915 8,027 7,466 7,699 8,087 7,073 6,606 6,347 7,141 7,000 5,844 6,274 6,238 6,013 5,016 5,038 5,070 5,218 4,146 4,705 4,617 4,421 4,416 4,404 5,112 4,264 3,076 3,163 3,346 4,202 3,855 1,359 1,643 1,676 1,666 1,918 2,031 2,051 2,201 2,664 2,819 2,985 2,971 2,844 2,842 2,930 2,790 2,721 1,762 1,843 1,718 1,538 1,735 1,752 1,701 1,556 1,578 1,598.5 1,482 1,427.8 1,609.8 1,401.8 1,221 1,189.1 1,022.8 1,037.7 1,144.1 1,068.4 1,150.1 1,247.7 1,129.1 1,215.3 1,312.9 1,387.6
Net Debt 6,157 5,283 6,542 6,387 6,032 5,125 6,018 6,071 5,862 5,106 5,795 6,501 6,682 6,536 6,572 6,984 7,067 6,461 6,483 6,892 5,265 4,780 4,339 4,889 5,114 4,628 4,842 5,275 5,229 4,114 3,935 4,050 3,872 2,710 2,418 3,048 3,072 2,596 3,475 3,507 3,355 2,292 2,474 2,289 3,150 3,324 1,132 1,060 1,210 1,167 1,765 1,954 1,934 2,038 2,505 2,701 2,907 2,860 2,709 2,698 2,785 2,632 2,557 1,666 1,761 1,590 1,274 1,584 1,611 1,572 1,466 1,473 1,489 1,412 1,323.4 1,487.9 1,312.8 1,115 1,070.8 922.2 964.5 1,082 902.7 1,097.6 1,130.8 1,017.2 1,154 1,259 1,298.2
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 385 302 444 458 380 (43) 504 502 409 103 436 497 273 246 339 448 23 278 345 433 385 278 448 97 248 303 372 277 317 259 372 375 334 153 399 502 336 91 (206) 336 344 157 231 95 179 119 122 142 152 78 94 148 (345) 34 83 93 155 126 150 205 139 162 99 184 123 162 248 199 192 159 171 218 166 152.1 191.1 228.5 172.3 161.2 170.4 216.8 219.2 151 145.5 96.2 121.9 53.9 24.8 106.2 110.1
Depreciation & Amortization 132 135 139 135 121 88 150 124 141 150 142 133 133 133 135 141 145 149 146 137 129 125 132 123 129 134 133 126 118 127 122 125 123 120 117 113 110 109 113 103 115 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 99.4 82.2 84 84.6
Stock-Based Compensation 11 0 0 13 23 10 11 10 12 17 8 17 17 8 9 12 6 18 4 18 17 15 14 8 7 11 9 10 9 16 3 9 9 9 9 8 9 8 11 16 10 (7) 0 0 (4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (465) 437 138 (314) (500) 38 98 (256) (554) 641 308 (209) (426) 248 83 (186) (701) 201 84 7 (480) 418 242 115 (434) 328 304 (58) (511) 294 163 (196) (667) 232 57 (154) (481) 59 196 34 (432) 289 (101) 45 42 11 (276) 216 147 35 (750) 83 658 14 (339) 282 186 (368) 99 68 (49) (479) 230 80 2 (264) 5 44 27 (292) 115 56.7 (2.7) (207.4) 198.8 (57.5) (32.6) (172.4) 99 64 (37.8) (224.1) 116.5 61.3 (38.4) 0 0 0 0
Other Non-Cash Items (41) (2) (16) 97 (22) 282 30 (15) (23) 39 17 79 219 (20) (20) (188) 259 (167) (51) (59) (67) 181 (6) 142 (105) 12 (10) 168 33 54 (132) 54 (22) (69) 17 14 29 79 921 (773) 46 0 0 0 0 0 507 0 0 0 936 0 0 0 550 0 0 500 0 0 0 501 0 0 0 329 0 0 0 416 0 0 0 362.6 0 0 0 351.6 0 0 0 261.2 0 0 0 119.6 112.5 (45.4) (91.2)
Operating Cash Flow 33 887 685 387 (18) 346 769 365 (60) 898 892 536 85 587 512 168 (304) 456 525 604 (23) 966 842 481 (159) 809 789 548 (66) 800 536 359 (228) 536 586 437 9 574 776 (84) 59 446 130 140 221 130 353 358 299 113 280 231 313 48 294 375 341 258 249 273 90 184 329 264 125 227 253 243 219 283 286 274.7 163.3 307.3 389.9 171 139.7 340.4 269.4 280.8 181.4 188.1 262 157.5 83.5 272.9 219.5 144.8 103.5
Investing Activities
Capital Expenditure (196) (301) (147) (121) (209) (198) (156) (115) (256) (168) (139) (122) (120) (150) (104) (70) (194) (151) (78) (62) (80) (134) (78) (55) (37) (189) (91) (86) (47) (185) (108) (43) (75) (153) (72) (71) (64) (144) (90) (91) (77) (64) (61) (69) (57) (53) (71) (41) (44) (61) (102) (45) (44) (47) (68) (97) (69) (228) (101) (114) (118) (154) (130) (86) (120) (155) (47) (105) (180) (131) (137) (94.8) (103.2) (146.4) (107.3) (105.6) (116.6) (163.6) (119.7) (89.5) (75) (97.8) (87.2) (50.7) (86.1) (36.8) (50.4) (62.6) (107.8)
Acquisitions (79) 42 0 0 0 323 (2) (17) 0 (1) (2) (106) 0 (71) 0 (34) (9) 0 (11) (1,770) (356) (1,124) 0 (1) (44) (79) (203) (304) (57) (280) 0 (2) (96) (156) 534 (49) (61) 1,025 (311) 37 (6) (8) 0 0 (3) (62) 0 0 0 0 (10) (3) 0 (9) (2) 0 0 (1) (5) (3) (106) (53) (1,177) (24) (89) (192) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1) 0 (3) 0 (2) (1) (2) 0 (2) 0 (6) (5) (6) (4) (13) 0 0 0 (34) (13) 0 0 (36) 0 (590) (1,282) (1,571) (340) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 108 0 0 0 8 2 50 0 9 1 17 0 5 1 9 1 9 2 10 2 7 3 16 3 17 43 0 153 18 0 19 (13) 18 61 50 0 628 1,294 1,487 270 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4 12 0 12 2 1 0 0 19.3 2.7 0 2 1.9 10.4 0 12.1 18.3 98.7 0 0 0 0 0 0 0 0
Other Investing Activities (4) (24) 18 1 41 493 (91) 1 17 12 24 0 6 6 (1) 136 3 23 51 13 6 1 (9) 3 14 5 (2) 16 8 14 3 7 6 26 (3) (2) 1 10 (9) (9) (1) 5 (16) 11 27 12 9 29 12 1 8 34 5 1 33 13 12 23 (6) 12 11 2 152 8 11 (8) 84 6 1 (142) (1) 2.3 1.7 (8.6) 0.8 0.7 0.3 20.4 9.8 7 6 (6.9) 74.3 5.6 3.4 (19.7) (0.2) 39.2 1.8
Investing Cash Flow (279) (283) (129) (120) (168) 618 (141) (131) (239) (157) (109) (226) (64) (215) (96) 33 (183) (128) (34) (1,818) (424) (1,256) (80) (52) (59) (261) (291) (371) (86) (453) (94) (39) (178) (283) 477 (123) (138) 881 (392) 10 (63) (67) (39) (46) (33) (103) (62) (12) (32) (60) (104) (14) (39) (55) (37) (84) (57) (206) (112) (105) (213) (205) (1,155) (98) (186) (355) 49 (97) (178) (273) (138) (73.2) (98.8) (155) (104.5) (103) (105.9) (143.2) (97.8) (64.2) 29.7 (104.7) (12.9) (45.1) (82.7) (56.5) (50.6) (23.4) (106)
Financing Activities
Net Debt Issuance (133) (5) 908 (341) 1,249 (407) (64) 171 278 (284) (604) (390) 428 (197) (106) 48 643 (162) (308) 702 592 142 (918) 50 1,158 (534) 118 143 308 (2) (2) (3) 991 (591) (21) (30) (39) 204 (695) 904 (165) (95) 29 (35) (5) 4 (69) (170) (114) (32) (158) (132) (163) 30 (237) (190) (171) 117 44 (101) 181 79 958 (89) 162 180 (122) (44) 72 126 (11) (38.3) 131.3 69 (183.3) 184.8 199.3 41.3 174.6 (37.4) (111.9) 82.7 (81.1) (118.7) 117.9 (66.1) (102.2) (100.1) 85.6
Stock Repurchased (96) (103) (147) (146) (394) (241) (199) (163) (149) (86) 0 0 0 0 (15) (135) (40) (210) 0 0 0 0 0 0 0 (150) 0 0 (175) (408) (250) (463) (600) (400) (250) 0 (163) (650) (250) 0 (150) (189) (202) (110) (2) (6) 0 0 0 0 0 0 0 0 0 0 0 (129) 0 0 0 (8) 2 3 (79) (147) (3) (26) (41) (49) (92) (108.2) (93.8) (224.4) (60) (159.3) (191.4) (199.7) (269.2) (89.3) (29.8) (227) 3.7 0.4 (57.1) (57.4) (5.5) (16.1) (2.2)
Dividends Paid (159) (160) (160) (154) (154) (158) (159) (152) (153) (153) (153) (146) (146) (146) (145) (140) (139) (140) (140) (128) (128) (128) (127) (121) (120) (121) (120) (114) (113) (115) (116) (110) (112) (113) (116) (102) (103) (105) (106) (107) (96) (79) (81) (78) (78) (75) (75) (73) (73) (73) (72) (73) (71) (71) (71) (71) (70) (68) (69) (69) (70) (66) (66) (66) (66) (64) (64) (64) (60) (60) (60) (58.8) (60.2) (58.7) (59.7) (60.4) (57.8) (58.8) (62.3) (58) (59.8) (61.4) (59.5) (59.5) (57.4) (57.3) (57.3) (53.2) (53)
Other Financing Activities 54 (8) (907) (20) (3) (2) (10) (6) (11) (22) 18 (7) (5) 1 (3) (3) (21) (2) (2) (13) (15) 1 (4) (15) (31) (23) 1 (44) 5 (11) (1) (25) 7 (6) 1 3 (76) 31 (12) (12) (32) 0 0 0 0 0 0 0 (8) 8 5 4 6 8 0 10 (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19.7 0 0 0
Financing Cash Flow (334) (276) (306) (661) 698 (808) (432) (150) (35) (545) (739) (543) 277 (353) (269) (230) 443 (513) (448) 585 469 46 (1,032) (85) 1,012 (799) 9 (170) 32 (535) (365) (600) 295 (1,103) (361) (118) (372) (517) (1,056) 798 (409) (361) (241) (100) (68) (57) (87) (218) (194) (94) (224) (190) (213) (28) (307) (252) (243) (76) (146) (169) 113 14 894 (152) 17 (9) (189) (134) (29) 31 (163) (205.3) (22.7) (187.3) (303) (34.9) (49.9) (209.8) (156.9) (184.7) (201.5) (186.3) (136.9) (177.8) 3.4 (164.5) (161.2) (156.6) 30.4
Cash Position
Net Change in Cash (590) 331 271 (269) 560 19 120 (50) (333) 296 (10) (198) 327 70 98 (29) (45) (211) 21 (613) (18) (182) (244) 366 670 (216) 469 179 (118) (201) 83 (326) (90) (851) 718 220 (471) 891 (676) 696 (402) 19 (170) (19) 117 (33) 216 130 76 (40) (46) 27 64 (36) (51) 41 40 (24) (9) (1) (13) (6) 68 14 (46) (136) 113 10 12 39 (15) (4.5) 39.9 (34.8) (17.5) 32.9 (16.6) (12.7) 17.7 27.4 11.1 (103.6) 113.2 (64.4) 5 50.6 7.4 (35.5) 28
Cash at Beginning 2,163 1,832 1,561 1,830 1,270 1,251 1,131 1,181 1,514 1,218 1,228 1,426 1,099 1,029 931 960 1,005 1,216 1,195 1,808 1,826 2,008 2,252 1,886 1,216 1,432 963 784 902 1,103 1,020 1,346 1,436 2,287 1,569 1,349 1,820 929 1,605 909 1,311 470 640 659 466 499 283 153 77 117 163 136 72 108 159 118 78 135 144 145 158 164 96 82 128 264 151 141 129 90 105 109.5 69.6 104.4 121.9 89 105.6 118.3 100.6 73.2 62.1 165.7 52.5 116.9 111.9 0 0 0 61.4
Cash at End 1,573 2,163 1,832 1,561 1,830 1,270 1,251 1,131 1,181 1,514 1,218 1,228 1,426 1,099 1,029 931 960 1,005 1,216 1,195 1,808 1,826 2,008 2,252 1,886 1,216 1,432 963 784 902 1,103 1,020 1,346 1,436 2,287 1,569 1,349 1,820 929 1,605 909 489 470 640 583 466 499 283 153 77 117 163 136 72 108 159 118 111 135 144 145 158 164 96 82 128 264 151 141 129 90 105 109.5 69.6 104.4 121.9 89 105.6 118.3 100.6 73.2 62.1 165.7 52.5 116.9 50.6 7.4 (35.5) 89.4
Free Cash Flow (163) 586 538 266 (227) 148 613 250 (316) 730 753 414 (35) 437 408 98 (498) 305 447 542 (103) 832 764 426 (196) 620 698 462 (113) 615 428 316 (303) 383 514 366 (55) 430 686 (175) (18) 382 69 71 164 77 282 317 255 52 178 186 269 1 226 278 272 30 148 159 (28) 30 199 178 5 72 206 138 39 152 149 179.9 60.1 160.9 282.6 65.4 23.1 176.8 149.7 191.3 106.4 90.3 174.8 106.8 (2.6) 236.1 169.1 82.2 (4.3)
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 3,930 3,914 4,082 4,195 3,684 2,165 4,575 4,235 4,311 4,350 4,644 4,872 4,380 4,185 4,468 4,691 4,308 4,190 4,372 4,359 3,881 3,757 3,685 3,015 3,377 3,672 3,826 4,024 3,624 3,645 3,817 4,131 3,781 3,682 3,776 3,804 3,486 3,417 3,660 3,782 3,411 3,696 3,725 4,100 3,662 3,707 3,935 4,082 3,636 3,702 3,774 3,883 3,108 3,648 3,408 3,528 3,333 3,517 3,849 3,986 3,533 3,379 3,460 3,458 3,126 3,116 3,225 3,115 2,783 3,188 4,225 4,474 3,962 2,874 3,073 3,155 2,632 2,773 2,802 2,824 2,638 2,505 2,547 2,656 2,493 2,411 2,409 2,429 2,264 2,175 2,304 1,990 2,134 1,907 2,164 2,099 2,254 2,144 2,210 2,152
Gross Profit 1,655 1,464 1,656 1,763 1,542 755 1,912 1,785 1,866 1,819 1,892 2,006 1,784 1,562 1,647 1,737 1,610 1,498 1,639 1,730 1,649 1,617 1,659 1,312 1,469 1,561 1,645 1,736 1,551 1,457 1,564 1,752 1,600 1,563 1,672 1,721 1,581 1,507 1,682 1,794 1,594 1,603 1,676 1,817 1,597 1,542 1,706 1,776 1,545 1,594 1,613 1,620 1,246 1,448 1,425 1,462 1,387 1,333 1,496 1,569 1,406 1,293 1,352 1,382 1,182 1,182 1,236 1,217 1,065 1,159 1,524 1,645 1,366 1,028 1,126 1,154 955 966 1,227 1,077 947 854 933 1,006 935 885 893 910 826 811 859 729 809 697 822 775 772 807 883 833
Operating Income 525 450 438 650 481 381 616 695 552 444 595 694 365 366 471 499 376 199 429 531 527 510 599 337 334 424 518 565 439 370 465 568 459 381 547 620 457 415 (407) 640 474 431 564 615 444 361 526 550 406 386 473 458 290 366 429 455 346 307 466 511 389 300 400 425 238 197 286 267 133 180 389 422 242 273 341 400 280 257 601 410 321 260 327 376 313 265 301 315 227 222 298 193 281 165 301 245 226 294 358 324
Net Income 382 300 453 450 373 (280) 468 528 400 90 426 490 264 238 329 441 18 286 344 431 378 272 442 102 243 292 367 272 312 258 378 371 334 151 610 496 337 340 (184) 370 347 314 433 337 322 83 371 386 1,262 254 226 341 2,410 227 339 362 13 216 311 340 228 205 262 272 30 142 159 146 (111) 71 117 250 100 200 189 249 194 157 90 280 184 113 157 231 95 183 194 187 119 122 152 94 (345) 83 155 56 126 150 205 139
EPS (Diluted) 1.70 1.33 2.00 1.98 1.63 -1.20 2.00 2.24 1.69 0.38 1.79 2.06 1.11 1.01 1.39 1.85 0.08 1.20 1.43 1.80 1.58 1.14 1.86 0.43 1.02 1.22 1.54 1.14 1.31 1.08 1.55 1.51 1.40 0.59 2.36 1.92 1.30 1.30 -0.69 1.37 1.29 1.16 1.59 1.23 1.17 0.30 1.33 1.38 4.49 0.89 0.78 1.18 8.15 0.73 1.09 1.17 0.04 0.71 0.98 1.06 0.70 0.64 0.79 0.82 0.09 0.43 0.48 0.45 -0.34 0.22 0.35 0.76 0.31 0.61 0.57 0.75 0.59 0.48 0.27 0.84 0.56 0.34 0.46 0.67 0.28 0.53 0.56 0.54 0.35 0.36 0.45 0.28 -1.01 0.24 0.46 0.17 0.37 0.43 0.59 0.40
Balance Sheet
Cash & Equivalents 1,573 2,163 1,832 1,561 1,830 1,270 1,251 1,131 1,181 1,493 1,218 1,228 1,426 1,099 1,029 931 960 1,005 1,216 1,195 1,808 1,826 2,008 2,252 1,886 1,216 1,432 963 784 902 1,103 1,020 1,346 1,436 2,287 1,569 1,349 1,820 929 1,605 909 784 689 1,057 1,052 531 227 583 466 499 153 77 117 163 159 118 78 111 135 144 145 158 164 96 82 128 264 151 141 129 90 105 109.5 69.6 104.4 121.9 89 105.6 118.3 100.6 73.2 62.1 165.7 52.5 116.9 111.9 61.3 53.9 89.4
Total Assets 22,150 7,959 22,144 22,099 21,140 19,433 21,858 21,729 21,867 21,647 21,501 22,216 22,099 20,744 20,868 21,572 21,888 21,351 21,883 22,353 20,139 19,556 18,300 18,170 18,064 17,708 18,064 17,955 17,371 16,015 16,718 16,794 17,544 16,538 17,615 16,977 16,154 15,771 16,490 17,248 17,315 13,366 13,756 14,240 14,565 13,603 10,907 8,648 8,607 8,424 8,326 8,051 7,863 8,582 8,828 8,952 9,061 9,125 9,029 9,101 9,072 8,914 8,750 7,513 7,435 7,387 7,133 7,224 7,106 6,868 6,538 6,566 6,553.2 6,441 6,425.7 6,501.6 6,346.9 6,194 6,188.4 6,177.4 6,148 5,893.9 5,866.5 5,824.9 5,902.2 5,651.5 5,768 5,842.3 5,995
Total Debt 7,730 7,446 8,374 7,948 7,862 6,395 7,269 7,202 7,043 6,599 7,013 7,729 8,108 7,635 7,601 7,915 8,027 7,466 7,699 8,087 7,073 6,606 6,347 7,141 7,000 5,844 6,274 6,238 6,013 5,016 5,038 5,070 5,218 4,146 4,705 4,617 4,421 4,416 4,404 5,112 4,264 3,076 3,163 3,346 4,202 3,855 1,359 1,643 1,676 1,666 1,918 2,031 2,051 2,201 2,664 2,819 2,985 2,971 2,844 2,842 2,930 2,790 2,721 1,762 1,843 1,718 1,538 1,735 1,752 1,701 1,556 1,578 1,598.5 1,482 1,427.8 1,609.8 1,401.8 1,221 1,189.1 1,022.8 1,037.7 1,144.1 1,068.4 1,150.1 1,247.7 1,129.1 1,215.3 1,312.9 1,387.6
Stockholders' Equity 8,104 (3,543) 7,800 7,577 6,927 6,785 7,788 7,767 7,941 7,832 7,751 7,614 7,142 6,592 6,034 6,182 6,218 6,286 6,253 6,242 5,839 5,689 5,310 4,832 4,723 5,284 5,247 5,079 4,904 4,630 4,980 4,884 5,346 5,558 5,902 5,630 5,192 4,826 5,031 5,346 5,161 3,450 3,592 3,753 3,175 2,830 4,003 3,060 2,972 2,911 2,430 2,236 2,150 2,773 3,103 3,062 3,014 3,097 3,139 3,226 3,137 3,106 3,001 2,935 2,797 2,880 2,921 2,703 2,607 2,509 2,483 2,464 2,452.8 2,482.6 2,562.5 2,481 2,499.8 2,569.2 2,641 2,815.7 2,746.6 2,557 2,689.9 2,573.3 2,515.4 2,473.1 2,465.5 2,528.1 2,489.2
Cash Flow
Operating Cash Flow 33 887 685 387 (18) 346 769 365 (60) 898 892 536 85 587 512 168 (304) 456 525 604 (23) 966 842 481 (159) 809 789 548 (66) 800 536 359 (228) 536 586 437 9 574 776 (84) 59 446 130 140 221 130 353 358 299 113 280 231 313 48 294 375 341 258 249 273 90 184 329 264 125 227 253 243 219 283 286 274.7 163.3 307.3 389.9 171 139.7 340.4 269.4 280.8 181.4 188.1 262 157.5 83.5 272.9 219.5 144.8 103.5
Capital Expenditure (196) (301) (147) (121) (209) (198) (156) (115) (256) (168) (139) (122) (120) (150) (104) (70) (194) (151) (78) (62) (80) (134) (78) (55) (37) (189) (91) (86) (47) (185) (108) (43) (75) (153) (72) (71) (64) (144) (90) (91) (77) (64) (61) (69) (57) (53) (71) (41) (44) (61) (102) (45) (44) (47) (68) (97) (69) (228) (101) (114) (118) (154) (130) (86) (120) (155) (47) (105) (180) (131) (137) (94.8) (103.2) (146.4) (107.3) (105.6) (116.6) (163.6) (119.7) (89.5) (75) (97.8) (87.2) (50.7) (86.1) (36.8) (50.4) (62.6) (107.8)
Free Cash Flow (163) 586 538 266 (227) 148 613 250 (316) 730 753 414 (35) 437 408 98 (498) 305 447 542 (103) 832 764 426 (196) 620 698 462 (113) 615 428 316 (303) 383 514 366 (55) 430 686 (175) (18) 382 69 71 164 77 282 317 255 52 178 186 269 1 226 278 272 30 148 159 (28) 30 199 178 5 72 206 138 39 152 149 179.9 60.1 160.9 282.6 65.4 23.1 176.8 149.7 191.3 106.4 90.3 174.8 106.8 (2.6) 236.1 169.1 82.2 (4.3)