Royal Caribbean Cruises Ltd. logo RCL - Royal Caribbean Cruises Ltd.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 25
HOLD 21
SELL 6
STRONG
SELL
0
| PRICE TARGET: $350.92 DETAILS
HIGH: $425.00
LOW: $296.00
MEDIAN: $350.00
CONSENSUS: $350.92
UPSIDE: 37.02%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 17,935 16,485 13,900 8,840 1,532 2,208.8 10,950.7 9,493.8 8,777.8 8,496.4 8,299.1 8,073.9 7,959.9 7,688.0 7,537.3 6,752.5 5,889.8 6,532.5 6,149.1 5,229.6 4,903.2 4,555.4 3,784.2 3,434.3 3,145.2 2,865.8 2,546.2 2,636.3 1,939 1,357.3 1,184 1,171.4 1,112.8
Cost of Revenue 9,535 8,652 7,775 6,616 2,739 2,765.1 6,062.8 5,262.2 4,896.6 5,015.5 5,099.4 5,306.3 5,305.3 5,157.4 4,942.6 4,458.1 4,071.1 4,403.7 3,981.7 3,249.6 2,994.2 2,819.4 2,381.0 2,113.2 1,934.4 1,652.5 1,496.3 1,593.7 1,219.3 854.5 742.5 728.8 696.4
Gross Profit 8,400 7,833 6,125 2,224 (1,207) (556.3) 4,887.9 4,231.6 3,881.3 3,480.9 3,199.7 2,767.6 2,654.6 2,530.6 2,594.7 2,294.4 1,818.7 2,128.9 2,167.4 1,980.0 1,908.9 1,736.0 1,403.2 1,321.1 1,210.9 1,213.4 1,049.9 1,042.6 719.7 502.8 441.5 442.6 416.4
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
SG&A Expenses 2,222 2,125 1,792 1,583 1,370 1,199.6 1,559.3 1,303.1 1,186.0 1,108.7 1,086.5 1,049.0 1,044.8 1,011.5 960.6 848.1 762.0 776.5 783.0 699.9 635.3 588.3 514.3 431.1 454.1 412.8 371.8 359.2 272.4 194.6 177.5 179.1 168.4
Other Expenses 1,269 1,602 1,455 1,407 1,293 2,845.6 1,245.9 1,033.7 951.2 894.9 1,238.3 776.8 811.7 1,115.9 702.4 643.7 568.2 520.4 483.1 421.6 402.1 394.1 362.7 339.1 301.2 231.0 197.9 194.6 1,363.1 945.7 822.6 806.7 86.5
Operating Expenses 3,491 3,727 3,247 2,990 2,663 4,045.3 2,805.2 2,336.8 2,137.2 2,003.7 2,324.8 1,825.7 1,856.5 2,127.5 1,663.0 1,491.8 1,330.2 1,296.9 1,266.1 1,121.5 1,037.4 982.4 877.0 770.2 755.3 643.8 569.7 553.8 1,635.5 1,140.3 1,000.1 985.8 254.9
Operating Income
Operating Income 4,909 4,106 2,878 (766) (3,870) (4,601.6) 2,082.7 1,894.8 1,744.1 1,477.2 874.9 941.9 798.1 403.1 931.6 802.6 488.5 832.0 901.3 858.4 871.6 753.6 526.2 551.0 455.6 569.5 480.2 488.7 (915.8) (637.5) (558.6) (543.2) 161.5
Interest Expense 992 1,590 1,402 1,364 1,292 844.2 408.5 333.7 300.0 307.4 277.7 258.3 332.4 355.8 382.4 371.2 300.0 327.3 333.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 24 16 36 36 17 21.0 26.9 32.8 30.1 20.9 12.0 10.3 13.9 21.3 25.3 9.2 7.0 14.1 20.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 6,909 6,087 4,561 615 (2,675) (3,651.6) 3,562.1 3,183.2 2,876.3 2,485.7 1,770.5 1,794.9 1,560.8 1,104.6 1,692.3 1,530.6 1,056.7 1,352.3 1,384.4 1,280.1 1,273.6 1,147.7 888.9 890.1 756.8 800.6 678.1 683.3 (772) (546.3) (478.5) (465.3) 248
EBIT 5,296 4,487 3,106 (792) (3,968) (4,930.9) 2,316.1 2,149.5 1,925.1 1,590.8 943.5 1,022.4 806.1 374.1 989.8 886.9 488.5 832.0 901.3 858.4 871.6 753.6 526.2 551.0 455.6 569.5 480.2 488.7 (915.8) (637.5) (558.6) (543.2) 161.5
Income Before Tax 4,304 2,897 1,704 (2,156) (5,260) (5,775.1) 1,907.6 1,815.8 1,625.1 1,283.4 665.8 764.1 473.7 18.3 607.4 515.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax Expense 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income 4,273 2,877 1,697 (2,156) (5,260) (5,797.5) 1,878.9 1,811.0 1,625.1 1,283.4 665.8 764.1 473.7 18.3 607.4 515.7 162.4 573.7 603.4 633.9 716.0 474.7 280.7 351.3 254.5 445.4 383.9 330.8 175.1 150.9 149 136.6 106.7
Per Share Data
EPS (Basic) 15.73 11.00 6.63 -8.45 -20.89 -27.05 8.97 8.60 7.57 5.96 3.03 3.45 2.16 0.08 2.80 2.55 0.76 2.69 2.84 3.01 3.47 2.39 1.45 1.82 1.32 2.34 2.15 1.90 1.16 1.19 1.18 1.08 0.90
EPS (Diluted) 15.61 10.94 6.31 -8.45 -20.89 -27.05 8.95 8.56 7.53 5.93 3.02 3.43 2.14 0.08 2.77 2.51 0.75 2.68 2.82 2.94 3.26 2.26 1.42 1.79 1.32 2.31 2.06 1.83 1.14 1.18 1.17 1.08 0.90
Shares Outstanding 271 261 256 255.0 251.8 214.3 209.4 210.6 214.6 215.4 219.5 221.7 219.6 217.9 217.0 215.0 213.8 213.5 212.8 210.6 206.3 198.6 193.6 193.0 192.8 190.3 178.5 174.1 150.9 126.8 126.3 126.5 118.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 825 388 497 1,935 2,701.8 3,684.5 243.7 287.9 120.1 132.6 284.6 402.9 628.6 330.1 242.6 727.2 177.8 63.5 172.9 110.8 40.4 31.3 23.9 32.3
Short-Term Investments 115 0 0 0 0 0 0 0 0 0 0 81.9 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 317 371 405 531 408.1 284.1 305.8 324.5 318.6 291.9 338.8 271.3 84.9 89.5 79.5 72.2 53.6 53.5 36.5 22.6 15.5 12.2 9.4 7.5
Inventory 264 265 248 224 150.2 118.7 162.1 153.6 111.4 114.1 107.9 96.1 60.3 53.3 37.3 33.5 30.1 26.4 31.8 37.3 22.7 16.8 13.6 10.4
Other Current Assets 690 681 642 515 54.2 70.1 21.8 19.6 99.3 0 114.1 0 0 0 0 0 0 0 0 40.4 33.8 27.5 71.2 30.8
Total Current Assets 2,211 1,705 1,792 3,205 3,600.3 4,311.7 1,162.6 1,242.0 907.6 748.3 1,026.4 977.3 860.6 574.5 447.7 886.1 310.7 194.4 286.3 211.1 112.4 87.8 118.1 81
Non-Current Assets
Property, Plant & Equipment 36,316 32,508 30,725 28,084 26,450.1 25,846.6 26,154.4 23,466.2 19,735.2 20,161.4 15,268.1 13,879.0 10,193.4 9,943.5 9,276.5 8,605.4 6,831.8 5,858.2 5,073 4,785.3 2,378.9 1,758.4 1,384.8 1,355.4
Goodwill 808 808 809 809 809.4 809.5 1,385.6 1,378.4 288.5 288.4 792.4 779.2 278.6 278.6 278.6 278.6 289.0 299.4 309.8 0 0 0 0 0
Intangible Assets 0 0 0 0 434.6 444.9 488.6 502.1 0 0 0 0 0 0 0 0 0 0 0 320.2 330.6 341 351.5 361.9
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 2,284 2,049 1,805 1,678 964.1 1,052.5 1,129.1 1,109.6 1,429.6 1,112.2 1,146.7 827.7 631.5 526.1 535.7 598.7 397.0 28.5 16.9 23.1 20.3 16 10.6 13.5
Total Non-Current Assets 39,408 35,365 33,339 30,571 28,658.1 28,153.4 29,157.7 26,456.2 21,453.3 21,562.0 17,207.1 15,486.0 11,103.5 10,748.2 10,090.8 9,482.7 7,517.7 6,186.1 5,399.7 5,128.6 2,729.8 2,115.4 1,746.9 1,730.8
Total Assets 41,619 37,070 35,131 33,776 32,258.4 32,465.2 30,320.3 27,698.3 22,360.9 22,310.3 18,233.5 16,463.3 11,964.1 11,322.7 10,538.5 10,368.8 7,828.5 6,380.5 5,686.1 5,339.7 2,842.2 2,203.2 1,865 1,811.8
Current Liabilities
Account Payables 953 919 792 647 546.0 353.4 563.7 488.2 360.1 305.3 264.6 245.2 163.0 187.8 171.2 144.1 158.1 103.0 115.8 108.5 69.1 71.5 63.2 63
Short-Term Debt 3,270 1,603 1,720 2,088 2,243.1 1,371.1 2,620.8 2,422.3 1,188.5 1,285.7 756.2 471.9 1,780.5 315.2 122.5 238.6 109.9 128.1 127.9 141 13.1 6.2 0 70.9
Deferred Revenue 0 5,496 5,311 4,168 3,160.9 1,784.8 3,428.1 3,148.8 2,308.3 1,965.5 1,059.5 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 7,832 90 35 131 127.2 56.7 94.9 78.5 47.5 146.6 0 1,140.9 0 729.6 568.0 446.1 443.4 465.0 402.9 639.9 321.3 230.9 209.1 217.9
Total Current Liabilities 12,055 9,817 9,401 8,573 7,285.7 4,537.1 7,952.9 7,112.2 4,854.9 4,441.6 2,749.0 2,674.2 2,273.5 1,504.5 1,169.9 1,112.6 912.4 905.3 890.2 889.4 403.5 308.6 272.3 351.8
Non-Current Liabilities
Long-Term Debt 18,765 18,473 19,732 21,303 18,847.2 17,958.0 8,414.1 8,355.4 6,350.9 8,101.7 7,663.6 6,539.5 4,826.6 5,520.6 5,322.3 5,407.5 3,300.2 2,214.1 2,341.2 2,431.7 1,353.9 929.5 747.1 727.3
Deferred Tax Liabilities 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 (46) 375 486 508 505.2 645.6 617.8 583.3 452.8 645.6 321.2 446.6 59.5 34.7 11.6 92.0 0 0 0 (0.1) (0.1) 0 0 (0.1)
Total Non-Current Liabilities 19,319 19,518 20,831 22,334 19,887.1 19,167.4 9,633.6 8,938.6 6,803.8 8,747.3 7,984.7 6,986.1 4,886.1 5,555.3 5,333.9 5,499.5 3,300.2 2,214.1 2,341.2 2,431.6 1,353.8 929.5 747.1 727.2
Total Liabilities 31,374 29,335 30,232 30,907 27,172.8 23,704.5 17,586.5 16,050.8 11,658.6 13,188.9 10,733.8 9,660.3 7,159.6 7,059.8 6,503.8 6,612.2 4,212.6 3,119.4 3,231.3 3,321 1,757.3 1,238.1 1,019.4 1,079
Stockholders' Equity
Common Stock 3 3 3 3 2.8 2.7 2.4 2.4 2.4 2.3 2.2 0 2.0 2.0 1.9 1.9 1.9 1.8 1.7 1.6 0.6 0.6 0.6 0
Retained Earnings 5,925 2,612 (10) (1,707) 302.3 5,562.8 11,523.3 10,263.3 9,022.4 7,860.3 4,754.9 4,592.5 2,533.3 2,162.2 1,982.6 1,731.4 1,576.9 1,226.0 923.7 660.7 535.5 419 300.6 189.3
Accumulated Other Comprehensive Income (604) (802) (674) (644) (710.9) (739.3) (797.7) (627.7) (334.3) (916.5) 182.7 (319.9) 71.4 5.8 3.7 (16.1) 0 0 0 0 0 0 0 0
Total Stockholders' Equity 10,037 7,563 4,724 2,869 5,085.6 8,760.7 12,163.8 11,105.5 10,702.3 9,121.4 7,499.7 6,803.0 4,804.5 4,262.9 4,034.7 3,756.6 3,615.9 3,261.2 2,454.8 2,018.7 1,084.9 965.1 845.6 732.8
Total Liabilities & Equity 41,619 37,070 35,131 33,776 32,258.4 32,465.2 30,320.3 27,698.3 22,360.9 22,310.3 18,233.5 16,463.3 11,964.1 11,322.7 10,538.5 10,368.8 7,828.5 6,380.5 5,686.1 5,339.7 2,842.2 2,203.2 1,865 1,811.8
Debt Metrics
Total Debt 22,635 20,820 22,130 23,994 21,694.0 19,995.6 11,733.5 10,777.7 7,539.5 9,387.4 8,419.8 7,011.4 6,607.0 5,835.8 5,444.8 5,646.1 3,410.1 2,342.2 2,469.1 2,572.7 1,367 935.7 747.1 798.2
Net Debt 21,810 20,432 21,633 22,059 18,992.2 16,311.1 11,489.8 10,489.8 7,419.3 9,254.8 8,135.2 6,608.5 5,978.4 5,505.7 5,202.3 4,918.9 3,232.3 2,278.7 2,296.2 2,461.9 1,326.6 904.4 723.2 765.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 4,291 2,896 1,704 (2,156) (5,260) (5,775.1) 1,907.6 1,815.8 1,625.1 1,283.4 716.0 474.7 280.7 351.3 254.5 445.4 383.9 299.7 177.5 150.9 149 142.3 106.7
Depreciation & Amortization 1,718 1,600 1,455 1,407 1,293 1,279.3 1,245.9 1,033.7 951.2 894.9 402.1 394.1 362.7 339.1 301.2 231.0 197.9 194.6 (143.8) (91.2) (80.1) (77.9) (86.5)
Stock-Based Compensation 0 267 126 36 64 39.8 75.9 46.1 69.5 32.7 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 349 204 1,171 973 1,480 (1,331.3) 444.7 434.2 338.2 261.4 44.3 155.6 165.6 6.2 42.0 53.1 1.6 0.5 115.2 65.2 12.4 (5.3) 24
Other Non-Cash Items 89 298 29 243 588 2,064.5 34.5 152.0 (111.2) 41.8 (51.0) 52.6 48.9 173.9 36.1 (26.2) 0 32.0 285.2 174.6 143.3 158.4 173.1
Operating Cash Flow 6,465 5,265 4,477 481 (1,878) (3,731.7) 3,716.4 3,479.1 2,874.6 2,516.7 1,111.4 1,077.0 857.8 870.5 633.7 703.3 583.4 526.9 434.1 299.5 224.6 217.5 217.3
Investing Activities
Capital Expenditure (5,229) (3,268) (3,897) (2,710) (2,230) (1,965.1) (3,024.7) (3,660.0) (564.1) (2,494.4) (429.9) (630.7) (1,029.5) (690.0) (1,737.5) (1,285.6) (972.5) (651.5) (1,258.6) (722.4) (427.5) (145.5) (80.5)
Acquisitions 0 (67) (31) 0 (70) (100.6) (25.6) (930.1) (10.4) (9.2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (106) (130) (86) (356) (74) (161.3) (68.8) (98.1) 0 (323.8) (56.5) (732.2) (216.4) 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 126 14 35 53 44 15.9 7.6 76.5 63.2 110.6 56.5 732.2 216.4 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 197 5 56 26 185 32.6 20.0 122.5 297.7 (8.2) 340.9 (1.8) (73.1) (6.3) (46.5) (278.8) (15.0) 189.2 88.1 34 53.7 (0.3) 0.4
Investing Cash Flow (5,012) (3,446) (3,923) (2,987) (2,145) (2,178.6) (3,091.4) (4,489.2) (213.6) (2,724.9) (89.0) (632.5) (1,102.6) (696.3) (1,784.0) (1,564.4) (987.4) (462.2) (1,170.5) (688.4) (373.8) (145.8) (80.1)
Financing Activities
Net Debt Issuance 1,017 (1,758) (2,005) 2,009 1,621 8,630.2 92.7 2,392.1 (1,968.1) 973.0 (1,180.2) (136.4) 590.5 (603.3) 1,788.8 1,066.9 (127.9) (107.0) 327.8 430.7 188.1 (51.3) (322.9)
Stock Repurchased (1,159) 0 0 0 0 0 (99.6) (575.0) (225.0) (300.0) (249.1) 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (264) (107) 0 0 0 (326.4) (602.7) (527.5) (437.5) (346.5) (118.8) (104.5) (98.3) (100.1) (100.0) (94.4) (81.6) (67.7) (50) (34.4) (30.5) (25.4) (32.1)
Other Financing Activities (612) (57) 12 (268) (202) (385.4) (60.9) (91.5) (45.2) (82.7) 0.6 (3.4) (205.8) 44.6 10.8 3.0 16.7 6.7 (2.7) 1.8 (1.1) (3.4) 0.2
Financing Cash Flow (1,018) (1,922) (1,993) 1,741 3,041 9,349.8 (670.4) 1,198.1 (2,675.8) 243.8 (1,525.5) (146.0) 332.3 (658.8) 1,699.7 975.5 294.6 (2.5) 806.7 398.1 156.5 (80.1) (161.4)
Cash Position
Net Change in Cash 437 (109) (1,438) (767) (982) 3,440.7 (44.1) 167.7 (12.5) 11.0 (503.2) 298.5 87.5 (484.6) 549.4 114.3 (109.5) 62.1 70.4 9.1 7.4 (8.4) (56.5)
Cash at Beginning 388 497 1,935 2,702 3,684 243.7 287.9 120.1 132.6 121.6 628.6 330.1 242.6 727.2 177.8 63.5 172.9 110.8 40.4 31.3 23.9 32.3 56.5
Cash at End 825 388 497 1,935 2,702 3,684.5 243.7 287.9 120.1 132.6 125.4 628.6 330.1 242.6 727.2 177.8 63.5 172.9 110.8 40.4 31.3 23.9 0
Free Cash Flow 1,236 1,997 580 (2,229) (4,108) (5,696.8) 691.7 (180.9) 2,310.4 22.3 681.5 446.3 (171.7) 180.5 (1,103.8) (582.3) (389.1) (124.6) (824.5) (422.9) (202.9) 72 136.8
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 17,935 16,485 13,900 8,840 1,532 2,208.8 10,950.7 9,493.8 8,777.8 8,496.4 8,299.1 8,073.9 7,959.9 7,688.0 7,537.3 6,752.5 5,889.8 6,532.5 6,149.1 5,229.6 4,903.2 4,555.4 3,784.2 3,434.3 3,145.2 2,865.8 2,546.2 2,636.3 1,939 1,357.3 1,184 1,171.4 1,112.8
Gross Profit 8,400 7,833 6,125 2,224 (1,207) (556.3) 4,887.9 4,231.6 3,881.3 3,480.9 3,199.7 2,767.6 2,654.6 2,530.6 2,594.7 2,294.4 1,818.7 2,128.9 2,167.4 1,980.0 1,908.9 1,736.0 1,403.2 1,321.1 1,210.9 1,213.4 1,049.9 1,042.6 719.7 502.8 441.5 442.6 416.4
Operating Income 4,909 4,106 2,878 (766) (3,870) (4,601.6) 2,082.7 1,894.8 1,744.1 1,477.2 874.9 941.9 798.1 403.1 931.6 802.6 488.5 832.0 901.3 858.4 871.6 753.6 526.2 551.0 455.6 569.5 480.2 488.7 (915.8) (637.5) (558.6) (543.2) 161.5
Net Income 4,273 2,877 1,697 (2,156) (5,260) (5,797.5) 1,878.9 1,811.0 1,625.1 1,283.4 665.8 764.1 473.7 18.3 607.4 515.7 162.4 573.7 603.4 633.9 716.0 474.7 280.7 351.3 254.5 445.4 383.9 330.8 175.1 150.9 149 136.6 106.7
EPS (Diluted) 15.61 10.94 6.31 -8.45 -20.89 -27.05 8.95 8.56 7.53 5.93 3.02 3.43 2.14 0.08 2.77 2.51 0.75 2.68 2.82 2.94 3.26 2.26 1.42 1.79 1.32 2.31 2.06 1.83 1.14 1.18 1.17 1.08 0.90
Balance Sheet
Cash & Equivalents 825 388 497 1,935 2,701.8 3,684.5 243.7 287.9 120.1 132.6 284.6 402.9 628.6 330.1 242.6 727.2 177.8 63.5 172.9 110.8 40.4 31.3 23.9 32.3
Total Assets 41,619 37,070 35,131 33,776 32,258.4 32,465.2 30,320.3 27,698.3 22,360.9 22,310.3 18,233.5 16,463.3 11,964.1 11,322.7 10,538.5 10,368.8 7,828.5 6,380.5 5,686.1 5,339.7 2,842.2 2,203.2 1,865 1,811.8
Total Debt 22,635 20,820 22,130 23,994 21,694.0 19,995.6 11,733.5 10,777.7 7,539.5 9,387.4 8,419.8 7,011.4 6,607.0 5,835.8 5,444.8 5,646.1 3,410.1 2,342.2 2,469.1 2,572.7 1,367 935.7 747.1 798.2
Stockholders' Equity 10,037 7,563 4,724 2,869 5,085.6 8,760.7 12,163.8 11,105.5 10,702.3 9,121.4 7,499.7 6,803.0 4,804.5 4,262.9 4,034.7 3,756.6 3,615.9 3,261.2 2,454.8 2,018.7 1,084.9 965.1 845.6 732.8
Cash Flow
Operating Cash Flow 6,465 5,265 4,477 481 (1,878) (3,731.7) 3,716.4 3,479.1 2,874.6 2,516.7 1,111.4 1,077.0 857.8 870.5 633.7 703.3 583.4 526.9 434.1 299.5 224.6 217.5 217.3
Capital Expenditure (5,229) (3,268) (3,897) (2,710) (2,230) (1,965.1) (3,024.7) (3,660.0) (564.1) (2,494.4) (429.9) (630.7) (1,029.5) (690.0) (1,737.5) (1,285.6) (972.5) (651.5) (1,258.6) (722.4) (427.5) (145.5) (80.5)
Free Cash Flow 1,236 1,997 580 (2,229) (4,108) (5,696.8) 691.7 (180.9) 2,310.4 22.3 681.5 446.3 (171.7) 180.5 (1,103.8) (582.3) (389.1) (124.6) (824.5) (422.9) (202.9) 72 136.8