RACE - Ferrari N.V.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$469.25
DETAILS
HIGH:
$490.00
LOW:
$442.00
MEDIAN:
$472.50
CONSENSUS:
$469.25
UPSIDE:
7.49%
| Metric | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 1,934.9 | 1,848.1 | 1,801.3 | 1,766.2 | 1,787.6 | 1,790.8 | 1,735.5 | 1,644.4 | 1,712.1 | 1,584.6 | 1,523 | 1,544.0 | 1,473.7 | 1,429.0 | 1,368.0 | 1,249.8 | 1,291.5 | 1,186.0 | 1,172.0 | 1,053.2 | 1,034.4 | 1,011.3 | 1,068.8 | 888.0 | 570.8 | 932.2 | 927.6 | 915.3 | 983.6 | 940.1 | 845.5 | 838.2 | 905.7 | 831.0 | 839.9 | 835.9 | 920.4 | 820.6 | 835.5 | 783.5 | 810.6 | 675.5 | 744.5 | 723.1 | 765.8 | 620.9 | 751.3 | 662.5 | 728.7 | 619.9 |
| Cost of Revenue | 917.3 | 890.1 | 866.7 | 882.2 | 846.6 | 857.5 | 864.2 | 827.1 | 856.6 | 781.6 | 780 | 778.7 | 726.3 | 711.0 | 726.6 | 655.3 | 678.9 | 588.2 | 574.9 | 524.2 | 498.1 | 483.5 | 510.7 | 425.6 | 299.2 | 450.8 | 437.9 | 425.5 | 480.4 | 461.6 | 399.7 | 401.0 | 431.4 | 390.8 | 399.2 | 395.7 | 458.2 | 397.7 | 429.8 | 395.9 | 421.0 | 333.0 | 404.8 | 372.3 | 415.5 | 306.3 | 384.0 | 384.0 | 408.4 | 329.6 |
| Gross Profit | 1,017.6 | 957.9 | 934.6 | 884.0 | 941.0 | 933.3 | 871.3 | 817.4 | 855.5 | 803.0 | 743 | 765.3 | 747.4 | 718.0 | 641.4 | 594.5 | 612.6 | 597.8 | 597.1 | 529.0 | 536.3 | 527.8 | 558.1 | 462.4 | 271.6 | 481.4 | 489.8 | 489.9 | 503.2 | 478.5 | 445.8 | 437.2 | 474.2 | 440.2 | 440.7 | 440.2 | 462.2 | 422.9 | 405.7 | 387.6 | 389.6 | 342.5 | 339.7 | 350.9 | 350.3 | 314.7 | 367.3 | 278.6 | 320.3 | 290.3 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||
| R&D Expenses | 217.2 | 245.2 | 238.9 | 222.2 | 225.0 | 232.8 | 246.1 | 212.5 | 204.4 | 231.1 | 253 | 220.9 | 193.9 | 214.1 | 212.1 | 182.3 | 183.7 | 197.5 | 228.6 | 170.8 | 179.8 | 188.9 | 202.6 | 157.4 | 166.2 | 181.2 | 181.9 | 162.4 | 170.2 | 184.7 | 160.6 | 143.6 | 166.2 | 172.6 | 174.8 | 147.3 | 162.8 | 172.2 | 171.3 | 137.3 | 146.8 | 158.2 | 140.7 | 129.8 | 137.5 | 153.6 | 149.2 | 115.7 | 132.1 | 143.8 |
| SG&A Expenses | 187.8 | 160.6 | 173.1 | 160.3 | 160.0 | 149.1 | 159.4 | 134.9 | 142.9 | 124.0 | 117 | 118.6 | 113.4 | 114.1 | 128.2 | 106.3 | 103.5 | 90.0 | 113.1 | 82.3 | 81.0 | 71.6 | 102.3 | 76.7 | 78.1 | 79.0 | 87.8 | 96.2 | 90.6 | 68.7 | 87.1 | 86.9 | 87.0 | 66.4 | 74.3 | 90.6 | 91.6 | 72.6 | 63.9 | 76.6 | 94.3 | 60.4 | 106.3 | 80.2 | 87.1 | 65.0 | 75.2 | 81.5 | 77.4 | 66.0 |
| Other Expenses | 0 | 0 | 13.9 | 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 | (15.1) | (1) | (2.3) | 0 | 0 | 0.5 | 0 | (0.1) | 0 | 0 | 0 | (0.3) |
| Operating Expenses | 405.0 | 405.8 | 425.9 | 382.5 | 385.0 | 381.9 | 405 | 347.4 | 347.2 | 355.1 | 370 | 339.5 | 307.2 | 328.2 | 340.4 | 288.6 | 287.2 | 287.4 | 341.7 | 253.2 | 260.7 | 260.5 | 304.9 | 234.1 | 244.3 | 260.2 | 269.7 | 258.5 | 260.8 | 253.4 | 247.7 | 230.5 | 253.2 | 239.0 | 249.1 | 237.9 | 254.4 | 244.7 | 221.7 | 189.3 | 241.2 | 218.6 | 247.0 | 210.0 | 224.6 | 218.7 | 224.5 | 197.2 | 209.5 | 209.7 |
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Income | 612.6 | 552.2 | 508.7 | 501.5 | 556.0 | 551.4 | 466 | 469.9 | 508.3 | 447.9 | 373 | 425.7 | 440.2 | 389.8 | 301.0 | 306.0 | 325.4 | 310.4 | 255.4 | 275.9 | 275.6 | 267.3 | 253.2 | 228.3 | 27.3 | 221.1 | 220.1 | 231.3 | 242.4 | 225.0 | 198.1 | 206.7 | 221.0 | 201.2 | 191.6 | 202.3 | 207.8 | 178.2 | 155.4 | 172.7 | 148.4 | 123.8 | 92.7 | 140.9 | 125.8 | 96.0 | 118.9 | 90.1 | 105.6 | 80.6 |
| Interest Expense | 10.3 | 10.1 | 5.4 | 10.5 | 12.3 | 12.9 | 13.5 | 12.9 | 11.5 | 9.0 | 32.4 | 23.4 | 53.4 | 38.6 | (49.5) | 41.1 | 36.8 | 25.8 | 0 | 19.4 | 19.3 | 18.5 | 0 | 23.0 | 16.6 | 23.1 | 0 | 27.4 | 18.6 | 14.4 | 0 | 12.0 | 12.8 | 15.6 | 5.0 | 8.2 | 14.0 | 14.3 | 3.0 | 12.1 | 5.9 | 9.4 | 6.8 | 0 | 9.3 | 0 | 1.4 | 0 | 0 | 1.3 |
| Interest Income | 1.9 | 4.2 | 4.3 | 4.8 | 5.1 | 6.3 | 7.5 | 8.5 | 8.5 | 7.0 | 27.4 | 25.5 | 45.1 | 34.4 | (67.4) | 26.8 | 27.4 | 17.8 | (3.8) | 8.9 | 9.6 | 9.3 | 0 | 9.6 | 5.3 | 10.0 | 0 | 11.8 | 8.9 | 7.7 | 0 | 5.7 | 8.3 | 11.3 | 0.6 | 0.1 | 0.7 | 10.8 | 0.3 | 1.1 | 0.9 | 0.4 | 2.0 | 0.9 | 1.4 | 2.2 | 3.8 | 0.8 | 0.8 | 1.8 |
| Profitability | ||||||||||||||||||||||||||||||||||||||||||||||||||
| EBITDA | 763.0 | 720.6 | 693.5 | 569.9 | 711.1 | 689.6 | 657.8 | 647.7 | 678.6 | 610.5 | 583.4 | 619.9 | 632.4 | 569.6 | 450.8 | 460.1 | 471.9 | 438.7 | 391.8 | 378.6 | 394.4 | 383.8 | 358.6 | 338.7 | 128.8 | 325.6 | 322.7 | 321.2 | 322.8 | 317.6 | 264.6 | 283.5 | 297.6 | 283.7 | 236.4 | 242.2 | 241.7 | 225.8 | 221.8 | 236.0 | 210.1 | 180.3 | 164.7 | 213.4 | 195.8 | 156.2 | 196.7 | 161.5 | 177.1 | 148.5 |
| EBIT | 612.6 | 546.8 | 506.6 | 495.2 | 554.5 | 538.6 | 483.5 | 476.4 | 520.2 | 447.7 | 397.4 | 447.3 | 480.7 | 417.7 | 279.8 | 324.1 | 348.2 | 323.2 | 259.0 | 277.7 | 281.6 | 274.2 | 238.3 | 230.6 | 27.2 | 229.0 | 208.5 | 237.6 | 247.0 | 239.2 | 186.0 | 208.2 | 225.2 | 221.3 | 194.9 | 201.8 | 201.9 | 187.3 | 154.6 | 173.6 | 148.4 | 123.8 | 92.7 | 140.9 | 125.8 | 96.0 | 118.9 | 90.1 | 105.6 | 80.6 |
| Income Before Tax | 600.1 | 536.8 | 501.0 | 489.4 | 545.0 | 528.3 | 472 | 465.7 | 510.7 | 440.3 | 367 | 425.2 | 428.7 | 380.7 | 280.8 | 284.5 | 313.2 | 299.2 | 261.2 | 259.9 | 264.1 | 257.1 | 239.4 | 208.6 | 11.8 | 207.2 | 209.6 | 211.2 | 228.8 | 225.7 | 186.7 | 196.8 | 213.8 | 205.6 | 189.9 | 194.2 | 188.5 | 173.0 | 151.5 | 161.5 | 141.1 | 112.3 | 80.2 | 142.0 | 114.1 | 97.9 | 117.4 | 94.2 | 106.0 | 80.6 |
| Income Tax Expense | 138.0 | 123.5 | 120.3 | 107.7 | 119.9 | 116.2 | 86 | 90.8 | 97.4 | 88.1 | 73 | 93.5 | 94.3 | 83.7 | 59.1 | 56.9 | 62.6 | 59.8 | 46.6 | 53.0 | 58.0 | 51.4 | (23.1) | 37.5 | 2.4 | 41.4 | 43.5 | 42.2 | 45.8 | 45.1 | (3.4) | (91.0) | 53.5 | 57.3 | 53 | 53.6 | 52.7 | 49.4 | 41.5 | 48.2 | 43.3 | 34.7 | 25.5 | 47.6 | 38.2 | 32.8 | 38.5 | 36.1 | 32.5 | 26.2 |
| Net Income | 461.6 | 412.9 | 379.7 | 381.3 | 424.3 | 411.6 | 384.7 | 374.2 | 412.1 | 351.4 | 293.5 | 329.8 | 333.2 | 295.5 | 219.9 | 225.8 | 249.0 | 238.0 | 214.3 | 205.8 | 205.8 | 204.9 | 262.1 | 170.8 | 8.9 | 166.0 | 167.6 | 167.9 | 182.1 | 178.3 | 189.9 | 286.9 | 160.3 | 147.6 | 135.6 | 140.1 | 135.9 | 123.7 | 110.9 | 112.9 | 97.6 | 77.3 | 54.2 | 94.0 | 75.3 | 64.4 | 79.0 | 56.6 | 72.1 | 53.6 |
| Per Share Data | ||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 2.62 | 2.35 | 2.14 | 2.14 | 2.38 | 2.30 | 2.14 | 2.08 | 2.29 | 1.95 | 1.62 | 1.82 | 1.84 | 1.63 | 1.21 | 1.24 | 1.36 | 1.30 | 1.16 | 1.12 | 1.11 | 1.11 | 1.42 | 0.92 | 0.05 | 0.90 | 0.91 | 0.90 | 0.97 | 0.95 | 1.01 | 1.52 | 0.85 | 0.78 | 0.72 | 0.74 | 0.72 | 0.65 | 0.59 | 0.59 | 0.52 | 0.41 | 0.23 | 0.50 | 0.40 | 0.34 | 0.42 | 0.30 | 0.38 | 0.28 |
| EPS (Diluted) | 2.61 | 2.34 | 2.14 | 2.14 | 2.38 | 2.30 | 2.13 | 2.08 | 2.29 | 1.95 | 1.62 | 1.82 | 1.84 | 1.62 | 1.21 | 1.23 | 1.36 | 1.29 | 1.16 | 1.11 | 1.11 | 1.11 | 1.42 | 0.92 | 0.04 | 0.90 | 0.90 | 0.90 | 0.96 | 0.95 | 1.00 | 1.51 | 0.85 | 0.78 | 0.71 | 0.74 | 0.72 | 0.65 | 0.59 | 0.59 | 0.52 | 0.41 | 0.23 | 0.50 | 0.40 | 0.34 | 0.42 | 0.30 | 0.38 | 0.28 |
| Shares Outstanding | 176.2 | 177.0 | 178.3 | 178.2 | 178.2 | 178.7 | 179.2 | 179.6 | 180.0 | 180.2 | 180.6 | 181.0 | 181.5 | 181.8 | 182.1 | 182.7 | 183.0 | 183.5 | 184.0 | 184.3 | 184.7 | 184.8 | 184.7 | 184.7 | 184.7 | 185.0 | 185.5 | 186.5 | 187.4 | 187.7 | 188.3 | 188.6 | 188.6 | 188.8 | 187.6 | 189.0 | 189.0 | 188.9 | 188.9 | 188.9 | 188.9 | 188.9 | 240.4 | 188.9 | 188.9 | 188.9 | 188.9 | 188.9 | 188.9 | 188.9 |
| Metric | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,483.5 | 1,864.4 | 1,467.7 | 1,418.6 | 1,518.5 | 1,914.8 | 1,742.2 | 1,528.7 | 1,332.1 | 1,366.2 | 1,122.0 | 1,070.2 | 1,211.2 | 1,561.9 | 1,388.9 | 1,335.6 | 1,263.8 | 1,652.8 | 1,344.1 | 1,474.2 | 1,093.7 | 1,152.2 | 1,667.0 | 1,382.1 | 1,248.6 | 966.0 | 1,007.9 | 871.4 | 881.2 | 1,062.4 | 793.7 | 753.4 | 649.5 | 743.0 | 647.7 | 618.9 | 422.9 | 569.3 | 457.8 | 482.4 | 585.3 | 563.4 | 182.8 | 190.1 | 257.5 | 163.7 | 134.3 |
| Short-Term Investments | 23.0 | 34.8 | 4.4 | 14.1 | 7.9 | 8.2 | 5.7 | 8.3 | 8.5 | 10.7 | 5.6 | 103.3 | 101.6 | 93.6 | 7.1 | 71.4 | 56.5 | 46.5 | 1.9 | 6.7 | 12.4 | 14.9 | 47.3 | 39.9 | 22.1 | 24.9 | 10.6 | 4.7 | 3.8 | 14.5 | 3.4 | 6.7 | 3.7 | 7.2 | 4.0 | 5.0 | 4.3 | 5.1 | 5.9 | 13.0 | 5.1 | 5.8 | 8.6 | 0 | 0 | 0 | 0 |
| Net Receivables | 2,276.0 | 2,104.0 | 2,005.5 | 1,935.6 | 1,954.0 | 2,029.1 | 2,083.6 | 1,839.2 | 1,922.9 | 1,879.3 | 1,789.7 | 1,914.8 | 1,916.4 | 1,846.3 | 1,728.3 | 1,710.2 | 1,726.8 | 1,652.0 | 1,404.6 | 1,539.5 | 1,500.0 | 1,493.0 | 417.7 | 1,488.6 | 1,418.3 | 1,379.3 | 588.9 | 1,301.7 | 1,270.8 | 1,257.1 | 217.9 | 1,168.0 | 1,053.5 | 981.8 | 242.9 | 990.2 | 1,014.6 | 1,057.6 | 252.4 | 978.9 | 949.5 | 186.6 | 173.8 | 1,345.6 | 1,347.0 | 1,529.9 | 202.0 |
| Inventory | 1,238.4 | 1,158.3 | 1,113.9 | 1,077.6 | 1,126.3 | 1,094.3 | 1,088.2 | 1,031.5 | 1,081.5 | 993.0 | 948.5 | 948.8 | 980.3 | 827.6 | 674.7 | 634.3 | 673.6 | 635.6 | 540.6 | 594.4 | 632.6 | 570.1 | 563.6 | 537.4 | 508.5 | 443.3 | 471.5 | 390.8 | 400.9 | 398.3 | 391.1 | 384.4 | 424.6 | 426.0 | 393.8 | 363.9 | 380.3 | 358.6 | 324.0 | 293.7 | 314.8 | 299.7 | 295.4 | 301.7 | 352.4 | 376.7 | 296.0 |
| Other Current Assets | 187.9 | 204.9 | 232.9 | 288.9 | 347.7 | 247.7 | 36.3 | 210.7 | 244.9 | 253.1 | 66.4 | 145.2 | 209.0 | 211.5 | 110.7 | 123.7 | 159.2 | 161.2 | 36.4 | 111.4 | 119.0 | 119.5 | 78.9 | 114.9 | 110.7 | 134.4 | 71.3 | 112.5 | 112.5 | 97.3 | 14.9 | 80.7 | 83.5 | 85.6 | 11.7 | 82.5 | 91.0 | 85.7 | 10.4 | 559.0 | 585.4 | 1,220.6 | 5.1 | 76.7 | 89.6 | 83.7 | 8.7 |
| Total Current Assets | 5,208.8 | 5,366.4 | 4,824.4 | 4,734.9 | 4,954.3 | 5,294.1 | 5,019.9 | 4,618.5 | 4,590.0 | 4,502.3 | 3,986.0 | 4,182.5 | 4,418.6 | 4,540.9 | 3,952.5 | 3,875.2 | 3,879.8 | 4,148.1 | 3,363.7 | 3,726.2 | 3,357.7 | 3,349.7 | 2,822.0 | 3,562.9 | 3,308.2 | 2,947.8 | 2,194.9 | 2,679.9 | 2,673.8 | 2,829.6 | 2,477.3 | 2,392.9 | 2,217.0 | 2,244.3 | 2,081.1 | 2,072.7 | 1,927.7 | 2,076.4 | 1,887.5 | 2,327.0 | 2,440.2 | 2,276.2 | 2,019.8 | 3,129.7 | 3,144.9 | 3,131.6 | 2,844.7 |
| Non-Current Assets | |||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 2,144.8 | 2,129.6 | 2,057.9 | 2,012.9 | 1,965.0 | 1,921.5 | 1,828.8 | 1,767.4 | 1,709.4 | 1,632.6 | 1,575.2 | 1,576.6 | 1,583.5 | 1,563.2 | 1,457.8 | 1,347.5 | 1,404.5 | 1,483.3 | 1,353.2 | 1,499.1 | 1,477.0 | 1,456.1 | 1,500.8 | 1,362.2 | 1,280.4 | 1,250.9 | 1,200.7 | 996.1 | 977.2 | 936.8 | 850.5 | 776.8 | 750.8 | 736.4 | 710.3 | 683.8 | 676.3 | 674.8 | 669.3 | 640.5 | 631.8 | 620.8 | 626.1 | 596.7 | 588.7 | 591.5 | 585.2 |
| Goodwill | 784.0 | 788.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 830.0 | 856.4 | 851.0 | 785.2 | 769.5 | 822.9 | 868.8 | 785.2 | 909.2 | 931.1 | 922.8 | 960.7 | 920.7 | 881.9 | 861.5 | 881.4 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 785.2 | 787.2 | 787.2 | 787.2 | 787.2 | 787.2 | 787.2 |
| Intangible Assets | 1,703.0 | 1,666.0 | 1,638.5 | 1,635.5 | 1,613.7 | 1,580.5 | 1,545.7 | 1,508.4 | 1,479.6 | 1,436.6 | 1,419.7 | 1,459.6 | 1,495.0 | 1,441.4 | 1,307.4 | 1,228.5 | 1,280.2 | 1,296.0 | 1,138.2 | 1,277.7 | 1,258.9 | 1,190.1 | 1,198.2 | 1,082.8 | 999.7 | 941.5 | 940.6 | 778.7 | 736.1 | 679.0 | 645.8 | 567.9 | 513.4 | 472.3 | 440.5 | 392.3 | 369.6 | 356.8 | 354.4 | 346.6 | 340.5 | 324.4 | 307.8 | 285.5 | 282.7 | 277.5 | 265.3 |
| Long-Term Investments | 103.6 | 99.3 | 96.4 | 92.2 | 89.3 | 84.2 | 80.8 | 75.3 | 72.3 | 69.2 | 67.7 | 69.4 | 72.2 | 69.0 | 59.5 | 57.6 | 61.0 | 63.6 | 54.5 | 56.8 | 55.6 | 52.2 | 1,063.7 | 47.8 | 43.6 | 40.4 | 877.5 | 36.9 | 35.1 | 33.8 | 32.1 | 32.5 | 31.8 | 29.4 | 30.0 | 29.6 | 28.9 | 28.1 | 22.0 | 1.1 | 1.0 | 1.0 | 1.0 | 2.1 | 48.4 | 47.1 | 1.3 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.0 | 17.6 | 19.4 | 11.8 | 10.9 | 10.7 | 0 | 0 | 46.1 |
| Total Non-Current Assets | 4,990.3 | 4,910.5 | 4,804.0 | 4,746.7 | 4,697.1 | 4,618.5 | 4,477.2 | 4,370.7 | 4,299.6 | 4,145.6 | 4,065.3 | 4,162.4 | 4,253.3 | 4,153.0 | 3,813.3 | 3,599.4 | 3,792.4 | 3,925.8 | 3,499.8 | 3,931.6 | 3,912.3 | 3,802.6 | 4,840.0 | 3,477.8 | 3,272.4 | 3,161.6 | 3,918.6 | 2,660.2 | 2,604.2 | 2,501.2 | 2,374.4 | 2,221.9 | 2,162.5 | 2,116.4 | 2,060.0 | 2,000.7 | 1,976.4 | 1,979.1 | 1,962.2 | 1,892.3 | 1,881.1 | 1,852.4 | 1,855.6 | 1,814.8 | 1,855.6 | 1,872.5 | 1,796.8 |
| Total Assets | 10,199.1 | 10,276.9 | 9,628.4 | 9,481.6 | 9,651.4 | 9,912.6 | 9,497.1 | 8,989.2 | 8,889.6 | 8,647.9 | 8,051.3 | 8,344.9 | 8,671.9 | 8,693.9 | 7,765.8 | 7,474.5 | 7,672.2 | 8,073.9 | 6,863.5 | 7,657.8 | 7,270.1 | 7,152.3 | 7,661.9 | 7,040.6 | 6,580.5 | 6,109.4 | 6,113.5 | 5,340.1 | 5,278.0 | 5,330.8 | 4,851.7 | 4,614.8 | 4,379.5 | 4,360.7 | 4,141.1 | 4,073.4 | 3,904.1 | 4,055.5 | 3,849.6 | 4,219.3 | 4,321.3 | 4,128.5 | 3,875.4 | 4,944.5 | 5,000.5 | 5,004.0 | 4,641.4 |
| Current Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||
| Account Payables | 989.7 | 946.9 | 841.3 | 864.7 | 931.0 | 906.2 | 945.7 | 859.2 | 940.4 | 902.3 | 930.6 | 859.2 | 1,022.9 | 932.9 | 903.0 | 747.4 | 829.7 | 882.3 | 797.8 | 803.6 | 854.9 | 808.0 | 873.4 | 750.5 | 702.9 | 728.8 | 798.7 | 607.8 | 686.3 | 646.7 | 653.8 | 546.9 | 628.6 | 628.0 | 607.5 | 543.0 | 603.2 | 631.8 | 614.9 | 535.8 | 574.4 | 500.9 | 507.5 | 448.6 | 577.9 | 573.2 | 535.7 |
| Short-Term Debt | 940.6 | 1,011.7 | 931.0 | 896.1 | 1,183.5 | 0 | 0 | 1,222.7 | 1,177.8 | 788.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,088.0 | 0 | 0 | 0 | 472.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 399.9 | 0 | 0 | 0 | 919.4 | 389.5 | 428.0 | 461.4 | 491.3 |
| Deferred Revenue | 0 | 0 | 424.6 | 512.7 | 601.3 | 601.8 | 335.5 | 409.0 | 445.4 | 440.2 | 295.7 | 0 | 0 | 0 | 270.4 | 0 | 0 | 0 | 256.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (17.6) | (26.0) | (33.2) | (351.7) | (6.1) | (8.8) | (23.5) | (312.2) | (16.4) | (15.4) | (26.0) | (399.9) | 0 | 0 | 0 | 125.2 | 223.2 | 181.7 | 144.8 | 109.5 |
| Other Current Liabilities | 121.8 | 132.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 126.8 | 121.6 | 132.9 | 0 | 108.0 | 115.4 | 126.3 | 0 | 103.5 | 98.4 | 109.5 | 102.8 | 78.4 | 84.6 | 146.8 | 119.3 | 284.8 | 118.6 | 289.5 | 327.3 | 109.5 | 112.9 | 104.3 | 130.5 | 114.9 | 106.9 | 76.0 | (28.4) | 111.1 | 190.8 | 177.3 | (1,040.9) | 40.5 | 149.0 | 283.0 | 185.7 |
| Total Current Liabilities | 2,199.4 | 2,230.0 | 2,389.8 | 2,569.2 | 2,945.2 | 1,792.8 | 1,491.0 | 2,841.7 | 2,866.5 | 2,495.8 | 1,486.6 | 1,239.4 | 1,311.6 | 1,277.5 | 1,412.7 | 1,031.2 | 1,115.4 | 1,277.0 | 1,326.1 | 1,106.4 | 1,074.3 | 1,024.8 | 2,145.4 | 895.0 | 834.1 | 922.6 | 1,430.7 | 741.9 | 811.0 | 756.4 | 742.8 | 684.9 | 758.0 | 796.9 | 713.7 | 737.2 | 744.1 | 798.0 | 717.9 | 833.8 | 819.2 | 735.4 | 1,628.7 | 1,137.6 | 1,263.9 | 1,267.2 | 1,222.2 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | 2,095.2 | 1,797.8 | 1,791.1 | 1,805.3 | 1,806.7 | 3,156.2 | 3,225.6 | 1,741.6 | 1,825.3 | 1,716.5 | 2,404.1 | 2,601.2 | 2,850.7 | 2,861.8 | 2,754.4 | 2,788.0 | 2,834.1 | 2,872.3 | 2,573.8 | 2,932.6 | 2,727.1 | 2,610.3 | 2,189.7 | 3,133.5 | 3,020.1 | 2,270.8 | 1,827.6 | 2,046.0 | 1,984.7 | 2,001.0 | 1,574.8 | 1,887.6 | 1,853.1 | 1,822.4 | 1,500.2 | 1,798.3 | 1,754.7 | 1,870.1 | 1,448.2 | 2,198.9 | 2,482.8 | 2,442.2 | 1,341.0 | 189.7 | 138.6 | 162.0 | 18.9 |
| Deferred Tax Liabilities | 282.1 | 251.0 | 254.4 | 240.6 | 226.4 | 154.1 | 110.0 | 128.8 | 128.3 | 126.9 | 136.8 | 114.1 | 143.8 | 140.5 | 126.5 | 85.3 | 106.9 | 114.6 | 96.0 | 111.1 | 136.5 | 122.1 | 117.7 | 114.2 | 120.3 | 100.6 | 92.3 | 62.8 | 65.6 | 45.2 | 39.1 | 9.8 | 10.2 | 10.0 | 11.0 | 12.4 | 12.6 | 13.1 | 13.1 | 16.1 | 16.0 | 24.6 | 23.3 | 19.6 | 22.7 | 23.0 | 21.6 |
| Other Non-Current Liabilities | 1,138.4 | 1,130.5 | 1,147.5 | 950.2 | 989.7 | 1,056.9 | 1,001.0 | 826.8 | 859.3 | 491.0 | 584.4 | 882.6 | 852.1 | 866.8 | 542.0 | 809.5 | 784.4 | 752.4 | 343.8 | 613.6 | 560.3 | 594.6 | 632.5 | 590.2 | 583.2 | 635.2 | 739.1 | 487.0 | 566.8 | 412.7 | 327.3 | 414.2 | 424.6 | 455.4 | 492.0 | 490.0 | 478.4 | 499.0 | 608.1 | 524.6 | 511.0 | 281.3 | 388.5 | 314.6 | 330.5 | 339.5 | 370.7 |
| Total Non-Current Liabilities | 4,340.6 | 3,977.4 | 3,323.8 | 3,132.4 | 3,158.9 | 4,545.1 | 4,462.9 | 2,802.9 | 2,916.2 | 2,871.6 | 3,494.1 | 4,099.8 | 4,380.2 | 4,373.6 | 3,750.6 | 4,081.1 | 4,183.6 | 4,211.0 | 3,326.0 | 4,165.1 | 3,926.7 | 3,837.5 | 3,327.4 | 4,362.0 | 4,233.9 | 3,501.9 | 3,013.4 | 3,203.8 | 3,083.8 | 3,093.2 | 2,755.1 | 2,699.0 | 2,693.4 | 2,665.6 | 2,643.5 | 2,686.3 | 2,644.9 | 2,776.5 | 2,801.9 | 3,151.8 | 3,391.8 | 3,298.4 | 2,266.1 | 1,100.0 | 1,137.7 | 1,262.4 | 940.9 |
| Total Liabilities | 6,540.0 | 6,207.4 | 5,713.6 | 5,701.6 | 6,104.1 | 6,337.9 | 5,953.9 | 5,644.5 | 5,782.7 | 5,367.5 | 4,980.7 | 5,339.1 | 5,691.8 | 5,651.1 | 5,163.3 | 5,112.2 | 5,299.0 | 5,488.0 | 4,652.1 | 5,271.5 | 5,001.0 | 4,862.3 | 5,472.7 | 5,257.0 | 5,068.0 | 4,424.5 | 4,444.1 | 3,945.7 | 3,894.9 | 3,849.6 | 3,497.9 | 3,383.9 | 3,451.3 | 3,462.6 | 3,357.2 | 3,423.5 | 3,389.0 | 3,574.5 | 3,519.8 | 3,985.7 | 4,211.0 | 4,033.8 | 3,894.8 | 2,237.6 | 2,401.5 | 2,529.5 | 2,163.1 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||||||||||||||||
| Common Stock | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.7 | 2.8 | 2.8 | 2.6 | 2.5 | 2.7 | 2.8 | 2.6 | 3.0 | 3.1 | 3.0 | 3.1 | 3.0 | 2.9 | 2.8 | 2.9 | 2.6 | 2.6 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 3.8 | 3.8 | 3.8 | 0 | 3.8 |
| Retained Earnings | 3,637.2 | 4,032.7 | (5,057.0) | 3,669.7 | 3,415.0 | 3,512.2 | 3,518.3 | 3,278.8 | 3,045.5 | 3,214.4 | 2,993.4 | 2,930.3 | 2,870.9 | 2,931.3 | 2,499.8 | 2,323.2 | 2,331.3 | 2,544.6 | 2,192.5 | 2,364.1 | 2,237.8 | 2,255.9 | (5,684.4) | 1,726.3 | 1,457.1 | 1,638.0 | (5,391.1) | 1,364.4 | 1,345.6 | 1,451.7 | 1,319.5 | 1,197.4 | 897.2 | 867.4 | 746.3 | 607.2 | 463.5 | 444.0 | 302.3 | 190.3 | 77.4 | 66.7 | (12.1) | 2,732.5 | 2,643.2 | 2,571.8 | 2,503.6 |
| Accumulated Other Comprehensive Income | 13.1 | 28.4 | 3,192.8 | 101.8 | 124.2 | 54.8 | 13.1 | 55.6 | 51.7 | 57.6 | 64.9 | 63.3 | 98.9 | 102.2 | 90.5 | 28.5 | 32.4 | 33.0 | 10.9 | 13.3 | 23.6 | 25.2 | 807.4 | 50.0 | 45.7 | 37.7 | 575.8 | 19.9 | 28.6 | 19.3 | 26.7 | 26.1 | 24.5 | 24.3 | 29.8 | 36.2 | 44.1 | 29.2 | 20.2 | 36.2 | 26.2 | 19.7 | (16.8) | (34.5) | (60.2) | (109.9) | (37.8) |
| Total Stockholders' Equity | 3,652.8 | 4,063.7 | 3,906.9 | 3,774.1 | 3,541.8 | 3,569.6 | 3,533.9 | 3,337.0 | 3,099.8 | 3,274.6 | 3,060.9 | 2,996.3 | 2,972.6 | 3,036.3 | 2,592.9 | 2,354.2 | 2,366.5 | 2,580.5 | 2,205.9 | 2,380.4 | 2,264.5 | 2,284.2 | 2,184.3 | 1,779.3 | 1,505.6 | 1,678.5 | 1,662.7 | 1,386.8 | 1,376.7 | 1,473.5 | 1,348.7 | 1,226.0 | 924.1 | 894.2 | 778.7 | 645.9 | 510.1 | 475.7 | 325.0 | 229.0 | 106.2 | 88.9 | (25.1) | 2,701.7 | 2,586.8 | 2,461.9 | 2,469.6 |
| Total Liabilities & Equity | 10,199.1 | 10,276.9 | 9,628.4 | 9,481.6 | 9,651.4 | 9,912.6 | 9,497.1 | 8,989.2 | 8,889.6 | 8,647.9 | 8,051.3 | 8,344.9 | 8,671.9 | 8,693.9 | 7,765.8 | 7,474.5 | 7,672.2 | 8,073.9 | 6,863.5 | 7,657.8 | 7,270.1 | 7,152.3 | 7,661.9 | 7,040.6 | 6,580.5 | 6,109.4 | 6,113.5 | 5,340.1 | 5,278.0 | 5,330.8 | 4,851.7 | 4,614.8 | 4,379.5 | 4,360.7 | 4,141.1 | 4,073.4 | 3,904.1 | 4,055.5 | 3,849.6 | 4,219.3 | 4,321.3 | 4,128.5 | 3,875.4 | 4,944.5 | 5,000.5 | 5,004.0 | 4,641.4 |
| Debt Metrics | |||||||||||||||||||||||||||||||||||||||||||||||
| Total Debt | 3,160.9 | 2,940.1 | 2,884.2 | 2,870.4 | 3,157.9 | 3,334.1 | 3,351.9 | 3,095.8 | 3,129.1 | 2,622.8 | 2,477.2 | 2,687.1 | 2,924.4 | 2,934.4 | 2,811.8 | 2,846.8 | 2,897.8 | 2,937.7 | 2,630.0 | 3,000.7 | 2,798.8 | 2,683.2 | 3,333.9 | 3,213.6 | 3,096.6 | 2,349.9 | 2,345.7 | 2,108.1 | 2,048.2 | 2,064.3 | 1,927.2 | 1,887.6 | 1,853.1 | 1,822.4 | 1,806.2 | 1,798.3 | 1,754.7 | 1,870.1 | 1,848.0 | 2,198.9 | 2,482.8 | 2,442.2 | 2,260.4 | 579.2 | 566.7 | 623.4 | 510.2 |
| Net Debt | 1,677.4 | 1,075.6 | 1,416.5 | 1,451.8 | 1,639.4 | 1,419.3 | 1,609.7 | 1,567.1 | 1,797.0 | 1,256.6 | 1,355.2 | 1,616.8 | 1,713.2 | 1,372.5 | 1,422.9 | 1,511.2 | 1,634.0 | 1,284.9 | 1,285.9 | 1,526.4 | 1,705.1 | 1,531.0 | 1,666.9 | 1,831.5 | 1,848.0 | 1,384.0 | 1,337.8 | 1,236.7 | 1,167.0 | 1,001.9 | 1,133.5 | 1,134.2 | 1,203.6 | 1,079.4 | 1,158.5 | 1,179.4 | 1,331.8 | 1,300.8 | 1,390.3 | 1,716.5 | 1,897.5 | 1,878.8 | 2,077.6 | 389.1 | 309.2 | 459.7 | 375.9 |
| Metric | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income | 461.6 | 414.4 | 1,599.5 | 381.7 | 425.1 | 412.1 | 385.5 | 374.9 | 413.3 | 352.2 | 22.9 | 331.7 | 334.4 | 296.9 | 280.8 | 284.5 | 249.0 | 299.2 | 261.2 | 205.8 | 205.8 | 204.9 | 262.1 | 170.8 | 8.9 | 166.0 | 167.6 | 211.2 | 228.8 | 225.7 | 186.7 | 196.8 | 213.8 | 205.6 | 189.9 | 194.2 | 188.5 | 173.6 | 152.5 | 161.5 | 141.1 | 112.3 | 80.2 | 142.0 | 114.1 | 97.9 | 117.4 | 94.2 | 106.0 | 80.6 |
| Depreciation & Amortization | 150.4 | 174.4 | 661.9 | 167.4 | 156.6 | 151.0 | 174.4 | 171.3 | 158.3 | 162.8 | 186.1 | 172.6 | 151.8 | 151.8 | 171.0 | 136.0 | 123.7 | 115.5 | 132.7 | 100.9 | 112.8 | 109.6 | 120.3 | 108.1 | 101.6 | 96.6 | 114.2 | 83.6 | 75.8 | 78.4 | 78.6 | 75.3 | 72.4 | 62.4 | 63.7 | 63.7 | 68.5 | 64.8 | 67.3 | 62.4 | 61.7 | 56.4 | 72.0 | 72.6 | 70.0 | 60.1 | 77.8 | 71.4 | 71.6 | 68.1 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.3 | 0 | 0 | 3.4 | 3.5 | 3.3 | 5.2 | 4.1 | 4.3 | 3.9 | 4.3 | 4.2 | 4.4 | 4.7 | 2.2 | 13.3 | 3.5 | 3.5 | 28.6 | 0 | 0 | 0.3 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (217.0) | 102.5 | (88.6) | (68.9) | (133.8) | 143.6 | (13.8) | (30.9) | (213.0) | (125.0) | 78.8 | (113.0) | (167.9) | (156.1) | 54.9 | (25.7) | (151.0) | (10.7) | 13.2 | 46.5 | (121.1) | (72.6) | 17.7 | (101.0) | (152.0) | 5.3 | (81.0) | (26.0) | (22.3) | 81.9 | 28.0 | (53.8) | (45.8) | (56.2) | 5.9 | (32.4) | (42.1) | (109.2) | 410.3 | 0.8 | 42.1 | (57.3) | 124.6 | (105.7) | 170.3 | (125.9) | 11.1 | (155.6) | (25.8) | (68.9) |
| Other Non-Cash Items | 28.7 | 154.0 | 176.5 | 0.4 | (172.9) | 24.0 | (137.9) | 5.1 | (140.3) | 26.6 | 239.8 | 16.3 | (118.1) | 17.2 | (75.5) | 9.2 | (71.3) | 8.5 | (51.5) | 47.8 | 47.8 | 28.8 | 5.8 | 48.9 | (29.7) | (8.6) | 152.3 | 9.3 | 4.0 | (1.6) | 21.5 | 20.1 | (69.4) | (2.1) | (104.4) | 7.3 | (80.9) | 11.9 | (191.9) | 25.9 | (40.5) | 1.0 | (103.5) | 9.4 | (2.1) | 31.4 | (75.7) | 23.1 | 15.9 | 14.8 |
| Operating Cash Flow | 435.6 | 866.7 | 2,349.3 | 588.3 | 394.9 | 846.9 | 495.0 | 611.2 | 315.7 | 504.7 | 527.5 | 501.1 | 294.5 | 393.5 | 431.2 | 403.9 | 155.6 | 412.5 | 355.6 | 404.4 | 248.7 | 274.0 | 411.1 | 230.8 | (66.7) | 263.1 | 357.3 | 278.1 | 286.3 | 384.4 | 314.9 | 238.4 | 171.1 | 209.7 | 155.1 | 232.8 | 134.0 | 141.0 | 438.1 | 250.5 | 204.3 | 112.4 | 173.2 | 118.3 | 352.3 | 63.5 | 130.6 | 33.2 | 167.7 | 94.6 |
| Investing Activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (106.1) | (135.0) | (943.2) | (115.7) | (239.0) | (223.8) | (277.1) | (124.9) | (268.4) | (194.6) | (315.7) | (204.8) | (198.4) | (150.0) | (309.4) | (198.8) | (52.1) | (130.4) | (231.0) | (100.2) | (63.0) | (63.7) | (127.0) | (72.2) | (52.0) | (105.7) | (137.7) | (145.0) | (172.8) | (135.1) | (234.9) | (154.8) | (127.7) | (121.0) | (141.5) | (94.1) | (83.2) | (72.7) | (106.3) | (75.5) | (92.2) | (68.0) | (121.7) | (83.4) | (73.3) | (77.6) | (122.7) | (79.8) | (75.5) | (52.1) |
| Acquisitions | 0.9 | 0 | (1.4) | 0 | 0 | 0 | 1.8 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.4) | 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 | 38.8 | 0 | 0 |
| Purchases of Investments | (0.1) | 0 | 0 | 0 | 0 | (0.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 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 | 8.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | (457.6) | (114.8) | (118.5) | (114.7) | (136.9) | (124.2) | (133.3) | (112.7) | (145.5) | (107.6) | (124.4) | (107.3) | (148.2) | (103.5) | (114.5) | (90.1) | (102.6) | (88.8) | (103.0) | (86.0) | (116.9) | (85.0) | (81.1) | (68.1) | (112.8) | 1.0 | 0.7 | 0.7 | 0.7 | 0.2 | (0.0) | 0.4 | 1.2 | 0.6 | 1.4 | 0.4 | 18.0 | 0.8 | 2.2 | 0.5 | 0.7 | 37.8 | (1.1) | 0.4 | 0.7 | 39.5 | (0.2) | 0.2 |
| Investing Cash Flow | (234.7) | (253.8) | (944.1) | (230.5) | (238.7) | (224.2) | (275.7) | (249.1) | (268.3) | (194.1) | (315.7) | (203.6) | (198.4) | (148.9) | (309.0) | (198.8) | (166.6) | (131.0) | (228.2) | (188.9) | (165.9) | (149.7) | (243.9) | (157.2) | (133.1) | (173.8) | (250.5) | (144.0) | (172.1) | (134.5) | (234.1) | (154.6) | (127.7) | (120.6) | (140.3) | (93.5) | (81.7) | (64.0) | (88.4) | (74.7) | (89.9) | (67.5) | (120.9) | (44.6) | (74.4) | (77.1) | (122.0) | (40.3) | (75.7) | (51.9) |
| Financing Activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 233.4 | 3.0 | (347.7) | (293.9) | (41.8) | (22.4) | 147.1 | 18.1 | 478.8 | 68.9 | (11.6) | (183.1) | (28.0) | (92.6) | 10.6 | 50.4 | 33.4 | 0.3 | 5.1 | 200.1 | 90.4 | (482.9) | 18.9 | 11.3 | 629.2 | 21.2 | 5.0 | 18.6 | (8.6) | 65.0 | 28.0 | 26.2 | (7.8) | 36.8 | 14.0 | 64.8 | (77.9) | 35.3 | (160.6) | (284.5) | 224.9 | 136.3 | (49.6) | (106.4) | (159.4) | 26.6 | 225.8 | (167.8) | 39.2 | 43.4 |
| Stock Repurchased | (208.6) | (226.7) | (785.3) | (132.4) | 0 | (423.7) | (150.5) | (146.8) | (147.5) | (136.3) | (86.2) | (194.8) | (82.8) | (96.8) | (95.3) | (85.0) | (81.1) | (135.1) | (65.7) | (55.6) | (81.4) | (28.1) | 0 | 0 | 0 | (129.8) | (83.5) | (153.3) | (99.3) | (50.7) | (70.0) | 0.0 | (0.0) | (30.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (598.0) | 0 | (534.2) | (31.8) | (497.9) | 0 | (1.8) | (24.6) | 0 | 0 | (1.2) | (19.9) | 0 | 0 | (1.0) | (17.4) | (231.1) | 0 | (0.4) | (10.7) | (149.1) | 0 | 0.0 | (13.1) | (195.0) | 0 | 0 | (11.6) | (181.1) | 0 | 0 | (4.2) | (128.9) | 0 | 0 | (5.2) | (114.7) | 0 | 0 | 0 | (86.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.3) | 0.0 | 0 | 0 | (4.4) | 0 | (6.6) | (10.0) | (413.5) | 0 | 0 | 0 | (312.4) | 0 | 0 | 0 | (2.3) | 0 | 0.0 | (1.4) | 0 | 0 | 0 | (2.9) | 0 | 0 | 0 | 0 | (2.1) | 0 | 0 | 0 | (2.0) | 0 | 0 | (1.2) | 0 | 0 | (224.9) | (3.0) | (215.5) | 201.7 | (13.2) | (31.8) | (17.5) | 0 | (262.1) | 214.1 | (136.4) | (77.6) |
| Financing Cash Flow | (573.6) | (223.7) | (1,667.2) | (458.1) | (544.2) | (446.1) | (11.8) | (163.3) | (82.2) | (67.4) | (99.0) | (397.9) | (423.2) | (189.3) | (85.7) | (52.0) | (281.1) | (134.8) | (61.0) | 132.5 | (140.1) | (511.1) | 18.9 | (4.8) | 434.1 | (108.6) | (78.4) | (146.2) | (291.2) | 14.3 | (42.0) | 22.0 | (138.8) | 6.7 | 14.0 | 58.3 | (192.7) | 35.3 | (385.5) | (287.5) | (77.5) | 339.4 | (62.8) | (138.1) | (176.9) | 26.6 | (36.3) | 46.2 | (97.2) | (34.3) |
| Cash Position | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Change in Cash | (392.7) | 366.7 | (274.5) | (99.8) | (396.3) | 172.6 | 213.5 | 196.6 | (34.1) | 244.2 | 109.5 | (98.0) | (330.7) | 52.2 | 26.1 | 156.9 | (287.8) | 149.5 | 71.0 | 350.9 | (58.0) | (382.1) | 183.8 | 66.9 | 231.3 | (17.6) | 26.5 | (9.8) | (181.2) | 268.7 | 40.3 | 103.8 | (93.5) | 95.3 | 28.8 | 196.0 | (146.4) | 111.5 | (24.6) | (102.9) | 21.9 | 380.7 | (7.3) | (67.4) | 93.8 | 29.4 | (29.9) | 46.5 | (3.3) | 7.2 |
| Cash at Beginning | 1,876.2 | 1,497.7 | 1,742.2 | 1,518.5 | 1,914.8 | 1,742.2 | 1,528.7 | 1,332.1 | 1,366.2 | 1,122.0 | 1,012.4 | 1,110.4 | 1,441.1 | 1,388.9 | 1,362.8 | 1,205.9 | 1,493.6 | 1,344.1 | 1,273.1 | 922.3 | 980.3 | 1,362.4 | 1,178.6 | 1,111.7 | 880.3 | 897.9 | 871.4 | 881.2 | 1,062.4 | 793.7 | 753.4 | 649.5 | 743.0 | 647.7 | 618.9 | 422.9 | 569.3 | 457.8 | 482.4 | 585.3 | 563.4 | 182.8 | 190.1 | 257.5 | 163.7 | 134.3 | 164.2 | 117.7 | 121.0 | 113.8 |
| Cash at End | 1,483.5 | 1,864.4 | 1,467.7 | 1,418.6 | 1,518.5 | 1,914.8 | 1,742.2 | 1,528.7 | 1,332.1 | 1,366.2 | 1,122.0 | 1,012.4 | 1,110.4 | 1,441.1 | 1,388.9 | 1,362.8 | 1,205.9 | 1,493.6 | 1,344.1 | 1,273.1 | 922.3 | 980.3 | 1,362.4 | 1,178.6 | 1,111.7 | 880.3 | 897.9 | 871.4 | 881.2 | 1,062.4 | 793.7 | 753.4 | 649.5 | 743.0 | 647.7 | 618.9 | 422.9 | 569.3 | 457.8 | 482.4 | 585.3 | 563.4 | 182.8 | 190.1 | 257.5 | 163.7 | 134.3 | 164.2 | 117.7 | 121.0 |
| Free Cash Flow | 329.5 | 731.6 | 1,406.1 | 472.6 | 155.9 | 623.1 | 217.9 | 486.3 | 47.3 | 310.1 | 211.8 | 296.3 | 96.1 | 243.5 | 121.9 | 205.2 | 103.5 | 282.1 | 124.6 | 304.2 | 185.8 | 210.4 | 284.0 | 158.6 | (118.8) | 157.4 | 219.6 | 133.1 | 113.5 | 249.3 | 80.0 | 83.6 | 43.4 | 88.7 | 13.5 | 138.7 | 50.8 | 68.3 | 331.8 | 175.0 | 112.2 | 44.4 | 51.5 | 34.8 | 279.0 | (14.1) | 8.0 | (46.6) | 92.2 | 42.5 |
| Key Metrics | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 1,934.9 | 1,848.1 | 1,801.3 | 1,766.2 | 1,787.6 | 1,790.8 | 1,735.5 | 1,644.4 | 1,712.1 | 1,584.6 | 1,523 | 1,544.0 | 1,473.7 | 1,429.0 | 1,368.0 | 1,249.8 | 1,291.5 | 1,186.0 | 1,172.0 | 1,053.2 | 1,034.4 | 1,011.3 | 1,068.8 | 888.0 | 570.8 | 932.2 | 927.6 | 915.3 | 983.6 | 940.1 | 845.5 | 838.2 | 905.7 | 831.0 | 839.9 | 835.9 | 920.4 | 820.6 | 835.5 | 783.5 | 810.6 | 675.5 | 744.5 | 723.1 | 765.8 | 620.9 | 751.3 | 662.5 | 728.7 | 619.9 |
| Gross Profit | 1,017.6 | 957.9 | 934.6 | 884.0 | 941.0 | 933.3 | 871.3 | 817.4 | 855.5 | 803.0 | 743 | 765.3 | 747.4 | 718.0 | 641.4 | 594.5 | 612.6 | 597.8 | 597.1 | 529.0 | 536.3 | 527.8 | 558.1 | 462.4 | 271.6 | 481.4 | 489.8 | 489.9 | 503.2 | 478.5 | 445.8 | 437.2 | 474.2 | 440.2 | 440.7 | 440.2 | 462.2 | 422.9 | 405.7 | 387.6 | 389.6 | 342.5 | 339.7 | 350.9 | 350.3 | 314.7 | 367.3 | 278.6 | 320.3 | 290.3 |
| Operating Income | 612.6 | 552.2 | 508.7 | 501.5 | 556.0 | 551.4 | 466 | 469.9 | 508.3 | 447.9 | 373 | 425.7 | 440.2 | 389.8 | 301.0 | 306.0 | 325.4 | 310.4 | 255.4 | 275.9 | 275.6 | 267.3 | 253.2 | 228.3 | 27.3 | 221.1 | 220.1 | 231.3 | 242.4 | 225.0 | 198.1 | 206.7 | 221.0 | 201.2 | 191.6 | 202.3 | 207.8 | 178.2 | 155.4 | 172.7 | 148.4 | 123.8 | 92.7 | 140.9 | 125.8 | 96.0 | 118.9 | 90.1 | 105.6 | 80.6 |
| Net Income | 461.6 | 412.9 | 379.7 | 381.3 | 424.3 | 411.6 | 384.7 | 374.2 | 412.1 | 351.4 | 293.5 | 329.8 | 333.2 | 295.5 | 219.9 | 225.8 | 249.0 | 238.0 | 214.3 | 205.8 | 205.8 | 204.9 | 262.1 | 170.8 | 8.9 | 166.0 | 167.6 | 167.9 | 182.1 | 178.3 | 189.9 | 286.9 | 160.3 | 147.6 | 135.6 | 140.1 | 135.9 | 123.7 | 110.9 | 112.9 | 97.6 | 77.3 | 54.2 | 94.0 | 75.3 | 64.4 | 79.0 | 56.6 | 72.1 | 53.6 |
| EPS (Diluted) | 2.61 | 2.34 | 2.14 | 2.14 | 2.38 | 2.30 | 2.13 | 2.08 | 2.29 | 1.95 | 1.62 | 1.82 | 1.84 | 1.62 | 1.21 | 1.23 | 1.36 | 1.29 | 1.16 | 1.11 | 1.11 | 1.11 | 1.42 | 0.92 | 0.04 | 0.90 | 0.90 | 0.90 | 0.96 | 0.95 | 1.00 | 1.51 | 0.85 | 0.78 | 0.71 | 0.74 | 0.72 | 0.65 | 0.59 | 0.59 | 0.52 | 0.41 | 0.23 | 0.50 | 0.40 | 0.34 | 0.42 | 0.30 | 0.38 | 0.28 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,483.5 | 1,864.4 | 1,467.7 | 1,418.6 | 1,518.5 | 1,914.8 | 1,742.2 | 1,528.7 | 1,332.1 | 1,366.2 | 1,122.0 | 1,070.2 | 1,211.2 | 1,561.9 | 1,388.9 | 1,335.6 | 1,263.8 | 1,652.8 | 1,344.1 | 1,474.2 | 1,093.7 | 1,152.2 | 1,667.0 | 1,382.1 | 1,248.6 | 966.0 | 1,007.9 | 871.4 | 881.2 | 1,062.4 | 793.7 | 753.4 | 649.5 | 743.0 | 647.7 | 618.9 | 422.9 | 569.3 | 457.8 | 482.4 | 585.3 | 563.4 | 182.8 | 190.1 | 257.5 | 163.7 | 134.3 | |||
| Total Assets | 10,199.1 | 10,276.9 | 9,628.4 | 9,481.6 | 9,651.4 | 9,912.6 | 9,497.1 | 8,989.2 | 8,889.6 | 8,647.9 | 8,051.3 | 8,344.9 | 8,671.9 | 8,693.9 | 7,765.8 | 7,474.5 | 7,672.2 | 8,073.9 | 6,863.5 | 7,657.8 | 7,270.1 | 7,152.3 | 7,661.9 | 7,040.6 | 6,580.5 | 6,109.4 | 6,113.5 | 5,340.1 | 5,278.0 | 5,330.8 | 4,851.7 | 4,614.8 | 4,379.5 | 4,360.7 | 4,141.1 | 4,073.4 | 3,904.1 | 4,055.5 | 3,849.6 | 4,219.3 | 4,321.3 | 4,128.5 | 3,875.4 | 4,944.5 | 5,000.5 | 5,004.0 | 4,641.4 | |||
| Total Debt | 3,160.9 | 2,940.1 | 2,884.2 | 2,870.4 | 3,157.9 | 3,334.1 | 3,351.9 | 3,095.8 | 3,129.1 | 2,622.8 | 2,477.2 | 2,687.1 | 2,924.4 | 2,934.4 | 2,811.8 | 2,846.8 | 2,897.8 | 2,937.7 | 2,630.0 | 3,000.7 | 2,798.8 | 2,683.2 | 3,333.9 | 3,213.6 | 3,096.6 | 2,349.9 | 2,345.7 | 2,108.1 | 2,048.2 | 2,064.3 | 1,927.2 | 1,887.6 | 1,853.1 | 1,822.4 | 1,806.2 | 1,798.3 | 1,754.7 | 1,870.1 | 1,848.0 | 2,198.9 | 2,482.8 | 2,442.2 | 2,260.4 | 579.2 | 566.7 | 623.4 | 510.2 | |||
| Stockholders' Equity | 3,652.8 | 4,063.7 | 3,906.9 | 3,774.1 | 3,541.8 | 3,569.6 | 3,533.9 | 3,337.0 | 3,099.8 | 3,274.6 | 3,060.9 | 2,996.3 | 2,972.6 | 3,036.3 | 2,592.9 | 2,354.2 | 2,366.5 | 2,580.5 | 2,205.9 | 2,380.4 | 2,264.5 | 2,284.2 | 2,184.3 | 1,779.3 | 1,505.6 | 1,678.5 | 1,662.7 | 1,386.8 | 1,376.7 | 1,473.5 | 1,348.7 | 1,226.0 | 924.1 | 894.2 | 778.7 | 645.9 | 510.1 | 475.7 | 325.0 | 229.0 | 106.2 | 88.9 | (25.1) | 2,701.7 | 2,586.8 | 2,461.9 | 2,469.6 | |||
| Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 435.6 | 866.7 | 2,349.3 | 588.3 | 394.9 | 846.9 | 495.0 | 611.2 | 315.7 | 504.7 | 527.5 | 501.1 | 294.5 | 393.5 | 431.2 | 403.9 | 155.6 | 412.5 | 355.6 | 404.4 | 248.7 | 274.0 | 411.1 | 230.8 | (66.7) | 263.1 | 357.3 | 278.1 | 286.3 | 384.4 | 314.9 | 238.4 | 171.1 | 209.7 | 155.1 | 232.8 | 134.0 | 141.0 | 438.1 | 250.5 | 204.3 | 112.4 | 173.2 | 118.3 | 352.3 | 63.5 | 130.6 | 33.2 | 167.7 | 94.6 |
| Capital Expenditure | (106.1) | (135.0) | (943.2) | (115.7) | (239.0) | (223.8) | (277.1) | (124.9) | (268.4) | (194.6) | (315.7) | (204.8) | (198.4) | (150.0) | (309.4) | (198.8) | (52.1) | (130.4) | (231.0) | (100.2) | (63.0) | (63.7) | (127.0) | (72.2) | (52.0) | (105.7) | (137.7) | (145.0) | (172.8) | (135.1) | (234.9) | (154.8) | (127.7) | (121.0) | (141.5) | (94.1) | (83.2) | (72.7) | (106.3) | (75.5) | (92.2) | (68.0) | (121.7) | (83.4) | (73.3) | (77.6) | (122.7) | (79.8) | (75.5) | (52.1) |
| Free Cash Flow | 329.5 | 731.6 | 1,406.1 | 472.6 | 155.9 | 623.1 | 217.9 | 486.3 | 47.3 | 310.1 | 211.8 | 296.3 | 96.1 | 243.5 | 121.9 | 205.2 | 103.5 | 282.1 | 124.6 | 304.2 | 185.8 | 210.4 | 284.0 | 158.6 | (118.8) | 157.4 | 219.6 | 133.1 | 113.5 | 249.3 | 80.0 | 83.6 | 43.4 | 88.7 | 13.5 | 138.7 | 50.8 | 68.3 | 331.8 | 175.0 | 112.2 | 44.4 | 51.5 | 34.8 | 279.0 | (14.1) | 8.0 | (46.6) | 92.2 | 42.5 |