Regeneron Pharmaceuticals, Inc. logo REGN - Regeneron Pharmaceuticals, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 32
HOLD 16
SELL 0
STRONG
SELL
0
| PRICE TARGET: $843.84 DETAILS
HIGH: $995.00
LOW: $641.00
MEDIAN: $860.00
CONSENSUS: $843.84
UPSIDE: 32.08%
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 3,605.4 3,884.3 3,754.3 3,675.6 3,028.7 3,789.2 3,720.7 3,547.1 3,145 3,434.3 3,362.7 3,158.1 3,162.1 3,414.4 2,936.2 2,857.2 2,965.1 4,951.7 3,452.8 5,138.5 2,528.7 2,422.9 2,294 1,952 1,828.2 1,863.5 1,743.7 1,577.8 1,372.6 1,927.8 1,663.5 1,608.0 1,511.5 1,582.4 1,500.7 1,470.1 1,319.0 1,226.8 1,220.1 1,212.6 1,200.8 1,098.1 1,137.4 998.6 869.6 802.3 725.8 665.7 625.7 610.4 597.0 457.6 439.7 414.6 427.7 304.4 231.8 123.0 102.8 107.8 112.2 133.7 106.0 115.9 103.5 96.8 117.5 90.0 75.0 55.8 65.6 60.7 56.4 64.7 22.3 22.2 15.8 10.3 15.6 19.3 18.2 17.4 16.2 16.4 16.2 47.1 36.5 28.4 62.0 21.3 10.5 4.9 5.6 4.4 5.8 9.1 19.4 14.9 14.5 10.5
Cost of Revenue 669.4 584.6 521.6 530.2 464.3 565.4 491.1 480.2 433.8 629.1 541.8 508 557 507 410.4 371.5 479.2 1,057.1 526.4 764.8 375.4 414.8 333.3 334.3 273.4 276 278.4 197.9 223.1 160.0 145.8 125.3 151.3 140.2 142.0 138.0 122.3 103.6 72.1 69.0 111.8 110.8 109.1 88.8 84.0 59.5 55.6 46.4 43.6 48.1 38.6 39.6 29.1 30.2 20.1 21.8 12.3 3.0 0.5 0.4 0.4 0.6 0.4 0.4 0.7 0.4 0.5 0.4 0.4 0.6 0.3 0.0 0 0 0 0 0 0.4 3.1 2.8 1.9 2.1 3.2 1.7 2.5 3.5 9.0 0.5 2.2 0.9 0.3 1.7 1.9 1.2 1.9 2.2 8.7 2.5 1.3 3.1
Gross Profit 2,936 3,299.7 3,232.7 3,145.4 2,564.4 3,223.8 3,229.6 3,066.9 2,711.2 2,805.2 2,820.9 2,650.1 2,605.1 2,907.4 2,525.8 2,485.7 2,485.9 3,894.6 2,926.4 4,373.7 2,153.3 2,008.1 1,960.7 1,617.7 1,554.8 1,587.5 1,465.3 1,379.9 1,149.5 1,767.8 1,517.7 1,482.7 1,360.2 1,442.2 1,358.7 1,332.1 1,196.7 1,123.2 1,148.1 1,143.6 1,089.1 987.2 1,028.3 909.8 785.7 742.9 670.2 619.3 582.2 562.3 558.5 418.0 410.6 384.4 407.5 282.6 219.5 120.0 102.4 107.4 111.8 133.1 105.6 115.5 102.8 96.4 117.0 89.6 74.6 55.2 65.3 60.6 56.4 64.7 22.3 22.2 15.8 9.9 12.6 16.4 16.4 15.3 12.9 14.7 13.7 43.6 27.5 27.9 59.8 20.4 10.3 3.2 3.7 3.2 3.9 6.9 10.7 12.4 13.2 7.4
Operating Expenses
R&D Expenses 1,645.4 1,626.1 1,558.1 1,431.7 1,339.7 1,425.9 1,327.7 1,223.9 1,255.5 1,050.6 969.9 982.2 1,001.7 941.6 818.7 719.9 769.5 711.1 592.2 643.1 675.5 682.8 625.3 663.2 527.8 683.1 473.1 833.4 435.1 558.4 521.5 495.6 462.2 493.5 492.0 474.8 469.3 450.3 515.2 559.9 470.1 461.2 425.9 390.3 343.1 351.7 337.7 294.5 287.4 268.1 224.0 187.5 180.3 181.0 158.3 147.4 138.9 129.0 127.9 143.1 129.4 125.2 122.0 124.5 117.5 118.8 105.4 94.2 82.1 76.3 73.9 66.6 61.3 64.8 51.7 43.9 41.2 35.8 34.8 34.4 32.1 37.9 41.1 40.6 35.9 34.8 32.8 36.3 32.2 33.3 33.7 34.5 30.7 30.1 19.6 16.8 15.8 14.1 14.4 12.0
SG&A Expenses 647.7 775 657.8 634.2 633 792.2 714.4 758.8 689 704.4 640.5 652 601.1 657 529.1 476.3 450 559.6 445 414.7 405.6 303.5 326.9 348.3 367.3 586.8 304.4 294.6 291.1 491.3 369.2 364.9 330.8 409.9 306.8 306.9 296.8 325.9 270.0 292.0 289.7 295.0 210.0 174.6 159.0 143.7 149.7 102.4 108.8 82.1 97.6 72.5 77.3 57.7 46.9 47.7 58.4 36.3 32.9 24.6 23.4 20.6 15.7 14.7 14.0 17.0 12.8 11.6 11.7 13.5 11.4 13.5 11.0 11.4 9.3 8.9 8.2 7.6 6.0 6.3 5.9 6.9 6.2 6.2 6.1 4.9 4.2 4.2 3.8 4.2 3.5 3.4 3.0 2.7 2.4 2.0 3.1 1.7 1.7 3.0
Other Expenses 0 18.7 (10) 0 0 15.5 8 14.6 15.3 (0.5) (0.5) (0.6) (0.5) (6.6) (45.7) (17.4) (20.2) (15.8) 42 (31.3) (40.5) (145.2) (44.6) (50.2) (40.4) (358.1) (50.7) (63.7) (56.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (343.5) (300.2) (293.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (248.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.3 (0.1) (0.2) 0.9
Operating Expenses 2,293.1 2,419.8 2,205.9 2,065.9 1,972.7 2,233.6 2,050.1 1,997.3 1,959.8 1,754.5 1,609.9 1,633.6 1,602.3 1,592 1,302.1 1,178.8 1,199.3 1,254.9 1,079.2 1,026.5 1,040.6 841.1 907.6 961.3 854.7 911.8 726.8 1,064.3 669.5 1,049.7 890.8 860.5 793.0 903.4 798.8 781.8 766.2 776.2 785.3 852.0 759.8 756.2 635.9 564.9 502.1 495.5 487.5 396.9 396.2 350.2 321.7 259.9 257.6 238.8 205.2 195.1 197.3 165.4 160.8 167.7 152.8 145.9 137.7 139.2 131.5 135.8 118.3 105.9 93.8 89.8 85.2 80.0 72.3 76.3 61.0 52.8 49.4 43.4 40.8 40.7 38.0 (204.0) 47.3 46.9 42.1 39.6 37.0 40.5 36.0 37.5 37.2 37.8 33.7 32.8 22.0 18.8 20.2 17.0 17.2 15.9
Operating Income
Operating Income 642.9 879.9 1,026.8 1,079.5 591.7 990.2 1,179.5 1,069.6 751.4 1,050.7 1,211 1,016.5 1,002.8 1,315.4 1,223.7 1,306.9 1,286.6 2,639.7 1,847.2 3,347.2 1,112.7 1,167 1,053.1 656.4 700.1 675.7 738.5 315.6 480 718.1 626.9 622.2 567.2 538.8 559.9 550.3 430.5 347.0 362.8 291.6 329.3 231.1 392.4 344.9 283.6 247.4 188.5 228.1 191.6 212.1 236.8 158.1 153.1 145.7 202.4 90.3 22.2 (45.4) (58.5) (60.3) (41.0) 10.4 (32.1) (23.7) (28.7) (39.4) (1.3) (16.3) (17.1) (34.6) (19.9) (19.6) (15.9) (11.5) (38.7) (30.6) (33.6) (33.5) (28.3) (24.2) (21.7) (27.3) (34.4) (32.2) (28.3) 4.0 (9.5) (12.6) 23.8 81.0 (26.9) 62.0 (29.9) 28.0 (18.1) (14.7) (9.5) (15.5) (3.9) (8.5)
Interest Expense 12.9 12.2 19.3 3.6 8.7 10.5 13.8 14.8 16.1 18.3 17.8 18.9 18 17.4 15.3 13.1 13.6 14.1 14.2 14.4 14.6 14.8 26.3 9.7 6.1 6.7 7.8 8 7.7 7.3 7.5 6.9 6.4 6.0 6.2 5.4 7.5 3.4 0.5 2.2 1.4 3.6 1.7 2.7 6.2 6.3 9.2 10.2 11.6 11.7 11.7 11.4 11.7 11.5 11.4 11.2 11.2 9.5 4.1 4.0 3.7 2.5 2.2 2.3 2.1 1.8 0.6 0 0 12.2 0 2.7 3.0 0 0 0 0 0 3.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7.1 0 0 0
Interest Income 183.5 193.3 175.1 174.8 173.5 183.1 187.4 179.4 161.5 148.7 133.7 118.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 967.3 1,200.9 1,919.3 1,657.4 1,040.6 1,095 1,628.5 1,763.6 830.9 1,278.9 1,234 1,204.9 975.5 1,442.2 1,617.7 1,050.7 1,149 2,592 1,904 3,838.3 1,335 1,301.1 1,083.9 987.4 730.8 950.8 829.2 284.8 604.8 726.3 678.8 696.6 628.2 595.3 609.5 566.4 477.9 370.4 393.9 316.7 352.3 254.0 413.1 360.2 299.6 229.9 196.7 235.4 197.5 223.4 247.6 168.8 162.9 155.8 212.2 97.4 31.2 (36.7) (49.5) (51.4) (33.0) (4.6) (26.7) (19.8) (24.3) (33.9) 2.3 (13.3) (18.3) (25.6) (17.2) (16.7) (13.0) (8.6) (35.8) (27.7) (30.8) (30.1) (24.5) (20.6) (17.9) 223.2 (30.5) (28.3) (24.5) 7.9 (7.0) (10.0) 23.8 (12.8) (26.9) (32.6) (27.7) (27.8) (16.7) (13.4) (8.2) (14.3) (2.8) (7.6)
EBIT 844.1 1,055.9 1,782.6 1,522.3 913.7 968.6 1,506.8 1,642.9 716.8 1,165.9 1,128.6 1,101.8 876 1,342.1 1,525.1 976.3 1,074.7 2,517.5 1,830.8 3,767.2 1,267.6 1,239.4 1,024.6 928.6 674.7 896.5 776.3 232.7 553.8 683.5 643.4 663.0 591.8 560.8 571.8 531.3 439.8 341.5 366.1 293.5 332.8 230.9 394.6 346.5 283.7 227.6 191.1 219.0 192.5 209.8 237.4 159.1 153.5 146.1 202.9 88.0 22.8 (44.6) (57.7) (59.3) (39.9) (10.7) (31.6) (23.1) (28.4) (38.9) (1.3) (16.3) (15.4) (17.4) (19.9) (19.6) (15.9) (11.5) (38.7) (30.6) (33.6) (33.5) (28.3) (24.2) (21.7) 219.3 (34.4) (32.2) (28.3) 4.0 (9.5) (12.6) 23.8 (17.1) (28.6) (34.6) (29.9) (29.6) (18.1) (14.7) (9.5) (15.5) (3.9) (8.5)
Income Before Tax 831.2 1,043.7 1,763.3 1,518.7 905 958.1 1,493 1,628.1 700.7 1,147.6 1,110.8 1,082.9 858 1,324.7 1,509.8 963.2 1,061.1 2,503.4 1,816.6 3,752.8 1,253 1,224.6 998.3 918.9 668.6 889.8 768.5 224.7 546.1 676.2 635.9 656.1 585.4 554.8 565.6 525.9 432.3 341.5 365.9 292.3 330.2 227.3 393.3 328.0 276.5 221.3 176.1 203.1 175.3 198.2 225.7 147.7 141.8 134.6 191.5 76.7 11.7 (54.1) (61.8) (63.4) (43.7) (14.6) (31.6) (23.1) (30.3) (40.6) (1.0) (14.9) (17.5) (32.2) (18.0) (15.8) (8.6) (10.1) (32.8) (23.8) (26.9) (103.2) (27.4) (25.7) 0 222.2 (31.6) (24.0) (1.1) 4.0 (8.1) (11.5) 67.7 (16.3) (25.8) (32.9) (27.4) (25.9) (14.8) (10.2) (16.6) (3.2) (2.8) (7.3)
Income Tax Expense 104 199.1 303.3 127.1 96.3 40.4 152.4 195.8 (21.3) (12) 103 114.5 40.2 127.6 194.1 111.1 87.6 274.4 184.4 653.9 137.8 75.4 156.2 21.6 44 97.8 98.9 31.6 85 (144.2) 41.2 104.7 107.4 381.2 177.3 138.1 183.4 88.4 101.1 96.0 164.4 72.3 182.9 133.4 200.5 111.1 96.4 110.4 109.8 101.3 84.4 60.3 43.0 (335.8) (0.5) (0.5) 0 (0.6) 0.6 (0.9) (0.2) 0.8 (0.9) (1.2) 0.2 (4.1) 0 0 (3.5) (0.7) 3.1 (4.5) (11.6) 0.1 (8.7) (10.7) (10.5) (2.5) 0 (0.7) (1.3) 246.1 (2.5) (13.3) (51.4) (0.7) 0.2 0.8 (84.6) 1.4 0.7 (0.7) (2.1) (3.9) (6.5) (0.6) 7.3 (2.8) (2.2) (2.4)
Net Income 727.2 844.6 1,460 1,391.6 808.7 917.7 1,340.6 1,432.3 722 1,159.6 1,007.8 968.4 817.8 1,197.1 1,315.7 852.1 973.5 2,229 1,632.2 3,098.9 1,115.2 1,149.2 842.1 897.3 624.6 792 669.6 193.1 461.1 820.4 594.7 551.4 478.0 173.5 388.3 387.7 248.9 253.1 264.8 196.2 165.7 155.0 210.4 194.6 76.0 110.2 79.7 92.7 65.4 96.8 141.3 87.4 98.9 470.4 191.5 76.7 11.7 (53.4) (62.4) (62.5) (43.4) (14.6) (33.9) (25.5) (30.5) (36.5) (1.0) (14.9) (17.5) (31.5) (21.1) (18.5) (11.6) (13.1) (35.8) (26.8) (29.9) (31.0) (27.4) (23.6) (20.4) (29.7) (34.7) (27.0) (4.1) 2.8 (11.1) (14.5) 64.5 (19.4) (28.7) (35.7) (30.4) (28.4) (14.8) (13.0) (9.7) (3.2) (2.9) (7.3)
Per Share Data
EPS (Basic) 6.99 8.21 14.09 13.24 7.58 8.53 12.40 13.25 6.70 10.88 9.48 9.05 7.64 11.19 11.66 7.47 8.61 20.99 15.37 29.51 10.58 10.90 7.98 8.19 5.69 7.25 6.12 1.77 4.23 7.58 5.51 5.12 4.44 1.62 3.64 3.66 2.36 2.41 2.53 1.88 1.74 1.49 2.04 1.89 0.74 0.89 0.83 0.96 0.69 0.98 1.44 0.89 1.02 4.92 2.02 0.81 0.12 -0.58 -0.68 -0.69 -0.49 -0.17 -0.41 -0.31 -0.38 -0.46 -0.01 -0.19 -0.22 -0.40 -0.27 -0.23 -0.15 -0.17 -0.54 -0.41 -0.46 -0.47 -0.48 -0.41 -0.36 -0.53 -0.62 -0.48 -0.07 0.08 -0.20 -0.26 1.17 -0.35 -0.58 -0.81 -0.69 -0.65 -0.34 -0.35 -0.26 -0.09 -0.08 -0.23
EPS (Diluted) 6.75 7.86 13.62 12.81 7.27 8.06 11.54 12.41 6.27 10.19 8.89 8.50 7.17 10.50 11.66 7.47 8.61 19.69 14.33 27.97 10.09 10.24 7.39 7.61 5.43 6.93 5.86 1.68 3.99 7.15 5.17 4.82 4.16 1.49 3.32 3.34 2.16 2.19 2.27 1.69 1.59 1.34 1.82 1.69 0.66 0.79 0.73 0.85 0.61 0.73 1.25 0.79 0.90 4.26 1.72 0.70 0.11 -0.57 -0.68 -0.69 -0.49 -0.17 -0.41 -0.31 -0.38 -0.45 -0.01 -0.19 -0.22 -0.40 -0.27 -0.23 -0.15 -0.17 -0.54 -0.41 -0.46 -0.47 -0.48 -0.41 -0.36 -0.52 -0.62 -0.48 -0.07 0.08 -0.20 -0.26 1.06 -0.35 -0.58 -0.81 -0.69 -0.65 -0.34 -0.35 -0.26 -0.09 -0.08 -0.23
Shares Outstanding 104 102.9 103.6 105.1 106.7 107.9 108.1 108.1 107.8 106.6 106.3 107 107.1 107 112.8 114 113.1 106.2 106.2 105 110.5 105.4 105.5 109.6 115.0 114.3 114.2 114.6 115.5 114.7 115.0 114.4 114.9 115.9 117.0 116.1 115.1 115.8 116.5 116.1 114.2 115.5 115.9 115.2 114.5 114.2 113.6 113.0 112.0 131.9 113.0 110.6 109.4 110.4 111.5 94.6 93.4 91.8 91.0 90.4 89.2 87.4 81.6 81.5 81.2 80.1 79.9 79.6 79.5 79.2 78.9 78.7 78.5 78.5 66.1 66.0 65.6 65.6 57.0 56.9 56.7 56.1 56.0 55.9 55.8 55.5 55.5 55.4 55.3 55.0 49.6 44.1 44.1 43.7 43.6 37.4 37.2 36.1 36.6 31.8
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 2,962.6 3,118.1 2,506.4 1,995.8 3,090.2 2,488.2 2,011.8 1,920.7 2,602 2,730 2,152.3 1,937.2 3,916.3 3,105.9 3,491.3 3,395.1 3,345.7 2,885.6 3,432.4 2,072.2 1,437.9 2,193.7 1,573 1,992.2 2,208.2 1,617.8 1,384.8 1,045.5 1,708.5 1,467.7 1,087.8 917.9 1,019.5 812.7 792.1 744.3 811.8 535.2 920.4 646.5 604.2 112 117.3 207.1 271.5 199.1 97.4 122.8 174.0 118.3 129.7 191.6 80.1 75.6 100.0 143.0 183.6 31.0 49.6 81.8 12.3 23.7 23.5 20.6 21.8 19.8 22.6 22.5 19.3 28.9 40.3 51.4 27.9 34.5 37.5 48.9 11.9 32.7 5.9 16.8 12.7 23.6 15.3 18 8 12.5 39.7 7.9 10.1
Short-Term Investments 5,791.1 5,487.1 5,937.2 5,473.8 5,259.2 6,524.3 7,784.7 7,888.3 7,917.5 8,114.8 7,761.3 6,990.5 5,043.4 4,636.4 3,530.4 4,171.3 3,704.9 2,809.1 2,355.2 1,838.6 2,065.9 1,393.3 1,452.9 1,152 1,795.2 1,596.5 1,493.1 1,624.2 1,523.9 1,342.2 1,104.3 765.6 605.5 596.8 586.9 523.5 495.3 503.5 488.0 398.7 245.0 194.3 186.3 134.3 120.5 216.8 299.6 221.2 146.7 175.5 144.2 120.4 184.2 224.3 140.7 101.9 90.4 86.6 67.4 36.1 44.1 42.5 40.5 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
Net Receivables 5,731 5,741.1 5,687.1 5,610 5,561 6,211.9 6,107.1 5,717.1 5,222.2 5,667.3 5,584.5 5,121.3 5,118.6 5,328.7 5,548.3 5,161.4 4,839 6,036.5 5,452 6,998.6 4,173 4,114.7 4,039.5 2,811.3 2,933.2 2,785.6 2,660 2,455.9 2,305.2 2,243.2 2,202.9 2,039.2 1,943.9 1,974.3 1,971.4 1,844.5 1,749.5 1,611.6 1,643.9 1,752.0 1,865.2 95.2 71.9 65.6 60.0 48.2 11.0 25.4 59.9 15.5 7.9 7.2 4.0 4.5 3.5 4.4 8.6 13.8 9.9 9.6 8.6 0.6 8.6 5 7 5.7 5.4 12.5 4.6 6.6 4.1 5.9 3.3 4.3 6 6.5 4.3 2.7 4.5 2.4 2.4 1.7 1.6 1.4 1.5 1.7 1.7 0.2 1.1
Inventory 3,103.6 3,200.8 3,254.4 3,205.6 3,192.4 3,087.3 3,018 2,873.6 2,714.9 2,580.5 2,562 2,507.7 2,424.7 2,401.9 2,412.2 2,218.5 1,991.5 1,951.3 2,053.8 1,983.9 2,164.7 1,916.6 1,801.6 1,640.9 1,480.9 1,415.5 1,344.3 1,317.2 1,208.8 1,151.2 1,039.7 928.6 820.4 726.1 641.6 554.3 466.6 399.4 345.6 316.1 303.3 0 0 0 (391.9) 0 0 10.8 9.1 9.0 10.3 8.4 6.8 6.2 3.1 2.3 2.7 1.9 8.2 7.9 5.6 4.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 474.8 595.6 574.3 468.9 349.2 412 681.9 414.9 386.6 574.7 366.3 406.2 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.9 2.1 2.9 1.6 1.6 50.6 47.4 67.4 61.2 53.4 67 64.1 57.7 53.3 40.7 46.2 29.9 26.3 22.3 13.8 20.2 20.3 22.8 26.7 30.1 35.9 35.1 77.6 68.2 59.6 65.6
Total Current Assets 18,209.2 18,021.9 17,980.7 16,859.5 17,571.7 18,660.9 19,333.6 19,081.6 18,871.5 19,479.2 18,634.8 16,923 16,909.2 15,884.1 15,428.6 15,529.9 14,306 14,014.9 13,775.4 13,337.6 10,055.1 9,779.1 9,097.6 7,860.2 8,644.1 7,689.1 7,109.1 6,651 6,928.6 7,959.3 5,719.6 6,696.0 4,544.7 5,596.6 4,135.7 3,860.1 3,669.3 3,913.9 3,501.7 3,209.2 3,133.4 417.8 395.4 425.5 526.4 483.8 422.0 383.3 392.3 320.2 295.1 329.7 276.9 313.8 252.7 252.8 286.6 134.1 137.0 137.5 73.5 73 74.2 76.2 76.2 92.9 89.2 88.4 90.9 99.6 102.1 110.6 71.9 85 73.4 81.7 38.5 49.2 30.6 39.5 37.9 52 47 55.3 44.6 91.8 109.6 67.7 76.8
Non-Current Assets
Property, Plant & Equipment 5,266.1 5,120.4 5,002.3 4,840.7 4,694.2 4,599.7 4,439.2 4,305.9 4,225.5 4,146.4 4,006.1 3,922.6 3,880.9 3,763 3,704.2 3,637.7 3,556.4 3,482.2 3,395.7 3,358.5 3,262.6 3,221.6 3,138.3 3,031.4 2,944.6 2,890.4 2,771.4 2,676.6 2,612.8 2,575.8 2,524.4 2,461.6 2,394.7 2,358.6 2,274.5 2,261.7 2,277.0 2,083.4 1,872.2 1,772.9 1,666.4 292.3 274.6 259.7 195.4 109.8 49.4 76.0 77.6 80.7 84.7 82.6 76.8 56.1 37.4 37.6 37.2 36.9 37.7 37.4 36.6 36.3 35.1 35.2 34.2 33 32.6 32.2 32.2 32.7 32.9 34 33.8 34.3 33.7 33.3 31.2 27.9 25.1 25.7 26.8 27.7 28.1 27.6 27 22.4 12.2 11.4 11
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,286.9 1,257.4 1,380.9 1,351.7 1,167 1,148.6 1,120.1 1,102.2 1,058.7 1,038.6 1,017.2 953 928.7 915.5 804.1 0 0 6.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.4 3 0
Long-Term Investments 9,786 10,260.6 10,285.7 10,058.2 9,276.3 8,900.1 8,490.9 7,722.4 6,978.8 5,396.5 5,778.5 6,327.2 6,066.6 6,591.8 5,968.6 6,415.9 7,084 6,838 5,631.3 3,900.3 3,543.7 3,135.6 2,875.1 2,587.6 3,236.4 3,256.8 3,112.6 2,884.6 2,339.8 1,755 1,873.6 2,044.7 1,822.0 1,486.5 1,327.3 1,064.7 967.7 864.3 777.9 589.9 555.2 70.5 108.3 47.1 72.8 78.5 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 0 0 0 0 0 0
Other Non-Current Assets 2,129.7 1,821.2 1,673.1 1,536.9 1,393.1 1,136 1,043 993.8 470.2 444.1 409.9 393.2 349.6 336.4 320.2 269.9 262 216.1 145.9 142.9 145.7 168.1 168.8 175.5 161.2 144.7 137.9 139.8 144.3 127.4 125.2 85.7 79.0 77.9 36.6 37.0 37.1 20.3 20.7 6.7 5.8 10.1 8.8 8.9 9.1 9.3 101.7 28.9 36.3 78.6 15.7 18.1 37.8 48.6 28.5 45.9 25.4 37.2 41.7 27.2 21.9 27.7 25.1 28.4 38.9 31 40.6 44.5 38.3 36.1 29.7 25.4 23.4 18.3 23.5 24.3 16.5 16.7 18.5 18.2 21.4 14.5 22.3 22.8 34.4 3.4 0.7 0.3 2.8
Total Non-Current Assets 22,659.6 22,536.8 22,188.7 21,359.7 19,973.5 19,098.5 18,108.3 17,005.2 15,498.1 13,601 13,528.5 13,734.5 13,150.7 13,330.4 12,249.2 11,675.9 12,042.7 11,419.9 9,896.1 8,148.3 7,717.1 7,384.2 6,986.4 6,568.5 7,113.4 7,116.1 6,830.2 6,522.6 5,926.2 5,286.9 5,086.0 5,137.1 4,828.0 4,429.3 4,565.5 4,246.3 4,148.1 3,793.3 3,326.3 2,995.7 2,771.1 372.9 391.7 315.7 277.3 197.6 151.1 104.8 113.9 159.3 100.4 100.7 114.6 104.8 65.9 83.5 62.5 74.1 79.3 64.7 58.6 64 60.2 63.6 73.1 64 73.2 76.7 70.5 68.8 62.6 59.4 57.2 52.6 57.2 57.6 47.7 44.6 43.6 43.9 48.2 42.2 50.4 50.4 61.4 25.8 16.3 14.7 13.8
Total Assets 40,868.8 40,558.7 40,169.4 38,219.2 37,545.2 37,759.4 37,441.9 36,086.8 34,369.6 33,080.2 32,163.3 30,657.5 30,059.9 29,214.5 27,677.8 27,205.8 26,348.7 25,434.8 23,671.5 21,485.9 17,772.2 17,163.3 16,084 14,428.7 15,757.5 14,805.2 13,939.3 13,173.6 12,854.8 11,734.5 10,805.6 9,952.0 9,372.7 8,764.3 8,701.2 8,106.4 7,817.4 6,973.5 6,828.0 6,204.9 5,904.5 790.6 787.2 741.2 742.3 681.4 573.1 488.2 506.2 479.6 395.5 430.4 391.6 418.6 318.6 336.3 349.2 208.3 216.3 202.1 132.0 137 134.4 139.8 149.3 156.9 162.4 165.1 161.4 168.4 164.7 170 129.1 137.6 130.6 139.3 86.2 93.8 74.2 83.4 86.1 94.2 97.4 105.7 106 117.6 125.9 82.4 90.6
Current Liabilities
Account Payables 1,027.1 939 903.8 723.9 705.5 789.5 497.3 561.7 671.3 606.6 536.6 547.3 599.5 589.2 535.6 534.2 470.3 564 427 476 542.9 475.5 443.1 380.1 347.8 418.1 335.6 244 239.6 218.2 172.4 171.9 207.6 178.2 153.9 151.4 141.8 135.0 124.5 101.7 120.6 0 (136.2) 18.6 13.0 17.8 5.3 15.7 18.9 18.9 14.0 25.2 30.3 24.4 10.1 8.3 9.4 9.4 8.0 7.6 6.9 6.6 4.5 4.9 6 5.6 4.4 5.1 3.7 4.7 4.1 5.1 3.4 4.4 4.2 4.2 4.3 6.3 4.3 4.6 3.7 5 4.2 6.4 6 10.3 6.7 5.2 3
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13.8 0 0.1 0.1 0.2 0.5 0.6 0.5 0.6 0.8 1.1 1.4 1.4 1.2 1.2 1.1 1.1 1.8 1.2 1.3 1.8 2.7 3.1 3.4 3.6 3.8 3.7 3.8 3.5 3.3 3.3 0.1 3.1 2.3 2.2 3.8 1.6 1.5 1.5 1.4
Deferred Revenue 636.2 553 545.6 481.9 619.3 627.7 627.2 586 516.7 458.9 417.3 381.1 426.3 477.9 547.2 566.3 491.3 442 507.8 520 464.9 577.7 494.8 461.5 479.2 591.7 608.7 592.4 530.7 452.5 462.9 488.6 391.9 320.1 319.9 312.3 238.4 231.7 242.7 188.2 172.9 60.9 185.9 44.5 215.8 58.3 68.8 21.6 17.4 40.2 35.0 34.1 9.7 8.0 3.8 4.1 3.7 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 96.9 103.8 85 85 0 0 0 0 0 0 0 0 0.3 0.4 0.9 1.2 3.6 3.7 13.5 58.3 53.9 0 0 0 5.0 0 0 0 0 0 0 0 0 0 0.2 0 3.9 4.3 4.2 5.3 3.2 2.6 2.8 2.7 3.4 2.2 2.5 4.2 1 2.6 2.9 4 0.9 1.7 2.4 3.1 6.5 8.3 9.9 9.8 10 13.1 1.2 1.2 1.2 0.7 1.8
Total Current Liabilities 5,107.7 4,368.4 4,425.1 3,667 3,566.6 3,944.3 3,661 3,508.6 3,580.9 3,423.4 3,598.6 3,104.4 3,100.1 3,141.3 2,879.2 3,033.9 3,007.6 3,932.5 3,714.8 3,732.4 3,217.8 2,697.4 2,337.8 3,702.4 2,055.2 2,096.6 1,765.4 1,713.1 1,511.4 1,442.8 1,417.2 1,331.2 1,265.7 1,135.5 1,138.6 1,029.0 1,308.3 1,241.5 961.2 951.6 919.7 119.6 104.1 93.6 120.4 103.1 96.7 37.4 36.3 72.9 49.1 59.4 40.1 32.7 14.4 12.9 13.9 13.8 12.7 13.0 12.4 13.3 8.9 8.7 9.9 9.4 9.6 8.5 7.5 10.7 7.8 10.8 9.7 12 8.9 9.6 10.5 12.9 14.1 16.2 13.7 17.9 16.5 21.7 11 13.1 9.4 7.4 6.2
Non-Current Liabilities
Long-Term Debt 1,986.2 1,985.9 1,985.5 1,985.1 1,984.8 1,984.4 1,984 1,983.6 1,983.3 1,982.9 1,982.6 1,982.2 1,981.8 1,981.4 1,981.1 1,980.7 1,980.4 1,980 1,979.6 1,979.2 1,978.9 1,978.5 1,978.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 200 200 200 200 200 200 200 200 1.4 1.4 1.4 1.5 2.2 2.3 2.5 2.7 2.1 2.5 2.8 3.1 2.7 3.6 3.5 3.8 4.1 4.2 4.4 5.1 5.2 4.9 4.9 6 7 7.7 8.6 9.2 8 7.2 8.1 5.9 6.2 6.3 6.3
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.2 0 0 0 0
Other Non-Current Liabilities 2,126.2 2,018.8 1,861.8 1,701.9 1,674.4 1,571.4 1,543.6 1,463.2 908.5 854.1 832.4 716.8 677.3 638 598.6 724.7 692.5 680.2 662.6 596.3 571.5 687.1 821 848.2 772 799.7 273 267.9 376.3 546.6 194.0 190.0 169.9 949.3 125.2 115.9 106.2 100.4 135.7 815.3 857.4 4.3 4.1 4.0 (146.0) 67.5 0 0.1 0.1 0.2 5.1 0 0 5.2 7.7 0.3 9.0 10.3 10.4 10.8 11.5 11.5 12.9 13.2 13.2 13.2 13.2 15.2 15 15 14.6 15.1 14 13.6 12.3 12 8.7 7 0.1 0.1 0 0 0.1 0.2 0 0.2 0.2 0.3 0.3
Total Non-Current Liabilities 4,337.5 4,933.4 4,786.5 4,613.3 4,591 4,461.5 4,455 4,372.4 3,797.6 3,683.7 3,660.3 3,535.2 3,464.6 3,409.2 3,359.8 3,484.1 3,426.4 2,733.5 2,698.7 2,626.2 2,577.4 3,440.6 3,620.7 1,668.9 1,569.3 1,618.9 1,669.5 1,704.6 1,898.7 1,534.4 1,520.1 1,434.4 1,539.3 1,484.7 1,511.0 1,556.6 1,643.1 1,282.7 1,375.6 1,176.8 1,219.7 299.9 296.8 250.9 211.4 168.0 325.0 260.7 265.7 269.0 208.6 205.5 205.5 205.2 9.3 10.1 10.9 12.4 12.6 13.1 14.0 14.2 15 15.7 16 16.3 15.9 18.8 18.5 18.8 18.7 19.3 18.4 18.7 17.5 16.9 13.6 13 7.1 7.8 8.6 9.2 8.1 7.4 8.3 6.1 6.4 6.6 6.6
Total Liabilities 9,445.2 9,301.8 9,211.6 8,280.3 8,157.6 8,405.8 8,116 7,881 7,378.5 7,107.1 7,258.9 6,639.6 6,564.7 6,550.5 6,239 6,518 6,434 6,666 6,413.5 6,358.6 5,795.2 6,138 5,958.5 5,371.3 3,624.5 3,715.5 3,434.9 3,417.7 3,410.1 2,977.2 2,937.3 2,765.6 2,805.1 2,620.2 2,649.6 2,585.6 2,951.3 2,524.2 2,336.8 2,128.4 2,139.4 419.4 400.9 344.4 331.8 271.1 421.7 298.0 302.1 341.9 257.7 264.8 245.6 237.8 23.7 23.0 24.8 26.1 25.3 26.1 26.4 27.5 23.9 24.4 25.9 25.7 25.5 27.3 26 29.5 26.5 30.1 28.1 30.7 26.4 26.5 24.1 25.9 21.2 24 22.3 27.1 24.6 29.1 19.3 19.2 15.8 14 12.8
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 36,423.8 35,797.1 35,045.8 33,680.2 32,384.4 31,672.9 30,755.2 29,414.6 27,982.3 27,260.3 26,100.7 25,092.9 24,124.5 23,306.7 22,109.6 20,793.9 19,941.8 18,968.3 16,739.3 15,107.1 12,008.2 10,893 9,743.8 8,901.7 8,004.4 7,379.8 6,587.8 5,918.2 5,725.1 5,254.3 4,433.9 3,839.2 3,287.8 2,946.7 2,773.2 2,384.9 1,997.2 1,748.2 1,495.1 1,230.3 1,018.4 (997.1) (971.6) (941.1) (903.6) (893.4) (780.1) (481.6) (467.0) (531.5) (482.9) (454.2) (424.1) (388.4) (271.3) (251.4) (236.6) (223.5) (213.8) (210.6) (207.6) (200.3) (198.9) (194) (186.2) (177.2) (171.7) (170.3) (172.4) (168.6) (169.1) (167.2) (163) (157) (148.9) (140) (132.4) (124.6) (116.8) (109.6) (105.3) (101.1) (95.4) (91.4) (81.2) (70.4) (58.9) (49.3) (39.9)
Accumulated Other Comprehensive Income 11.9 77.5 69 52.5 29.1 (7.9) 60.2 (69.9) (77.2) (80.9) (176.8) (197.7) (181.6) (238.8) (275.1) (223.8) (170.1) (26.2) 9.5 15.7 16.2 29.3 30.8 35.5 (9.1) 21.1 16.5 15.8 2.8 (12.3) (10.5) (11.6) (15.6) 0.6 23.8 2.3 (5.9) (12.8) (2.9) 5.2 4.4 (0.3) 0.7 1.0 1.0 (1.2) (0.0) (2.9) (3.2) (4.0) (2.2) (2.8) (3.2) (0.8) 0.7 (0.2) (0.1) (0.8) (0.2) (0.4) (0.5) (0.5) (0.4) (28.2) (27.3) (26.6) (25.9) (23.6) (23.6) (23.6) (21.6) (21.6) (20.4) (5.9) (18) (16.8) (15.6) (5.9) (13.3) 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 31,423.6 31,256.9 30,957.8 29,938.9 29,387.6 29,353.6 29,325.9 28,205.8 26,991.1 25,973.1 24,904.4 24,017.9 23,495.2 22,664 21,438.8 20,687.8 19,914.7 18,768.8 17,258 15,127.3 11,977 11,025.3 10,125.5 9,057.4 12,133 11,089.7 10,504.4 9,755.9 9,444.7 8,757.3 7,868.3 7,186.4 6,567.6 6,144.1 6,051.6 5,520.7 4,866.0 4,449.2 4,491.2 4,076.5 3,765.1 371.2 386.3 396.8 410.5 410.3 151.4 190.1 204.1 137.6 137.8 165.6 146.0 180.8 294.9 313.3 324.4 182.1 191.0 176.0 105.6 109.5 110.5 115.4 123.4 131.2 136.9 137.8 135.4 138.9 138.2 139.9 101 106.9 104.2 112.8 62.1 67.9 53 59.4 63.8 67.1 72.8 76.6 86.7 98.4 110.1 68.4 77.8
Total Liabilities & Equity 40,868.8 40,558.7 40,169.4 38,219.2 37,545.2 37,759.4 37,441.9 36,086.8 34,369.6 33,080.2 32,163.3 30,657.5 30,059.9 29,214.5 27,677.8 27,205.8 26,348.7 25,434.8 23,671.5 21,485.9 17,772.2 17,163.3 16,084 14,428.7 15,757.5 14,805.2 13,939.3 13,173.6 12,854.8 11,734.5 10,805.6 9,952.0 9,372.7 8,764.3 8,701.2 8,106.4 7,817.4 6,973.5 6,828.0 6,204.9 5,904.5 790.6 787.2 741.2 742.3 681.4 573.1 488.2 506.2 479.6 395.5 430.4 391.6 418.6 318.6 336.3 349.2 208.3 216.3 202.1 132.0 137 134.4 139.8 149.3 156.9 162.4 165.1 161.4 168.4 164.7 170 129.1 137.6 130.6 139.3 86.2 93.8 74.2 83.4 86.1 94.2 97.4 105.7 106 117.6 125.9 82.4 90.6
Debt Metrics
Total Debt 2,706.2 2,705.9 2,705.5 2,705.1 2,704.8 2,704.4 2,704 2,703.6 2,703.3 2,702.9 2,702.6 2,702.2 2,701.8 2,701.4 2,701.1 2,700.7 2,700.4 2,699.7 2,698.6 2,697.6 2,696.7 2,695.7 2,694.8 2,215.9 715.2 713.9 712.7 711.3 709.9 708.5 707.2 705.9 704.6 703.5 702.3 701.2 707.6 481.1 382.2 361.5 362.2 157.8 156.9 109.0 62.9 0 200 200 200 213.8 205.1 200.1 200.2 200.2 2.2 2.3 2.5 2.7 3.0 3.4 3.9 4.1 3.3 3.7 3.9 4.2 4.5 4.8 4.8 5.6 6.8 7.3 7.8 8.7 9 8.6 8.7 9.5 10.3 11 8.7 12.3 10.3 9.4 11.9 7.5 7.7 7.8 7.7
Net Debt (256.4) (412.2) 199.1 709.3 (385.4) 216.2 692.2 782.9 101.3 (27.1) 550.3 765 (1,214.5) (404.5) (790.2) (694.4) (645.3) (185.9) (733.8) 625.4 1,258.8 502 1,121.8 223.7 (1,493) (903.9) (672.1) (334.2) (998.6) (759.2) (380.6) (212.0) (314.8) (109.3) (89.7) (43.1) (104.2) (54.1) (538.1) (285.0) (242.0) 45.8 39.6 (98.1) (208.5) (199.1) 102.6 77.2 26.0 95.5 75.5 8.5 120.1 124.7 (97.8) (140.6) (181.2) (28.3) (46.6) (78.3) (8.4) (19.6) (20.2) (16.9) (17.9) (15.6) (18.1) (17.7) (14.5) (23.3) (33.5) (44.1) (20.1) (25.8) (28.5) (40.3) (3.2) (23.2) 4.4 (5.8) (4) (11.3) (5) (8.6) 3.9 (5) (32) (0.1) (2.4)
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 727.2 844.6 1,460 1,391.6 808.7 917.7 1,340.6 1,432.3 722 1,159.6 1,007.8 968.4 817.8 1,197.1 1,315.7 852.1 973.5 2,229 1,632.2 3,098.9 1,115.2 1,149.2 842.1 897.3 624.6 792 669.6 193.1 461.1 820.4 594.7 551.4 478.0 173.5 388.3 387.7 248.9 253.1 264.8 211.9 165.7 (34.7) (27.0) (4.1) (14.5) 64.5 (19.4) (29.2) (28.7) (30.1) (35.7) (32.8) (30.4) (25.4) (28.4) (19.9) (14.8) (9.7) (3.2) (2.9) (7.3) (1.4) (4.9) (7.9) (8.9) (5.5) (1.4) 2.1 (3.8) 0.5 (1.9) (4.3) (5.9) (8.1) (8.9) (7.6) (7.8) (7.8) (7.1) (4.4) (4.2) (5.8) (3.9) (10.3) (10.7) (11.5) (9.7) (9.4) (9.3)
Depreciation & Amortization 123.2 145 136.7 135.1 126.9 126.4 121.7 120.7 114.1 113 105.4 103.1 99.5 100.1 92.6 74.4 74.3 74.5 73.2 71.1 67.4 61.7 59.3 58.8 56.1 54.3 52.9 52.1 51 42.8 35.4 33.6 36.4 34.5 37.7 35.1 38.1 28.9 27.8 25.0 23.0 3.9 3.8 3.9 3.8 3.8 4.3 3.7 2.7 2.3 2.0 2.2 2.2 2.0 1.8 1.5 1.4 1.3 1.2 1.0 0.9 0.9 0.9 0.9 0.7 0.7 0.7 0.7 0.9 1.1 0.9 1.2 1.2 1.6 1.5 1.5 1.5 1.3 1.6 1.4 1.6 1.2 1.1 1 0.9 0.9 0.8 0.7 0.7
Stock-Based Compensation 257.4 249.3 237 251.7 255.7 304.4 225.1 223.2 230.1 240.4 203.9 202 238.7 232 166.3 159.8 166.9 188.4 136.9 145.5 130.9 121.5 101.2 103.5 105.8 133.5 117.1 105.8 107.9 126.7 111.4 106.8 82.4 127.1 125.1 121.3 133.8 154.6 131.4 131.7 142.2 0 0 5.9 0 0.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (77.4) 5.9 625 (227.9) 129.6 (86.4) 468 (908.5) 440.5 (61.4) (192.3) (81.3) 240.9 382 (667.2) (781.3) 823.2 (355.4) 1,463.2 (2,484.9) (539.4) (35.4) (1,321.3) 34.1 (181) (29.3) (300.1) (182.6) 311.5 (249.3) (242.8) (237.4) 32.5 (214.8) (92.2) (591.6) (27.9) 79.5 248.9 125.6 (225.8) 9.8 (11.2) 27.5 27.2 (69.8) (14.3) 85.4 (15.2) 28.4 2.1 6.3 (1.8) (3.1) 8.7 (3.4) 3.6 2.0 (3.2) (2.5) (11.5) 5.5 (4.6) 1.6 (1.3) (1.8) 4.1 (7.7) (2) 1 (1.4) (1.7) (0.5) 2.6 (3.9) (3.4) (3.8) 3.4 (9.2) (2.4) (6.6) (8.5) (5.3) 12.3 (1.5) (0.4) 1.3 0.9 1.3
Other Non-Cash Items 144.5 158.4 (561.4) (270.9) (136.7) 280.9 (695.6) (395.6) 196.2 (75.6) 115.2 39.5 187.2 88.4 (192.8) 415.4 288.8 441.9 101.1 (245.6) (115.7) (23.7) 64.5 (258.4) 82.6 (142.5) 2.5 134.5 (23.8) 94.8 (27.8) (50.8) (4.1) 19.6 6.4 33.7 4.0 31.6 5.8 3.8 4.0 5.9 5.8 5.9 1.0 (17.1) 0.9 2.0 0.5 0.6 0.5 0.5 0.4 0.4 0.2 (0.1) 0.4 2.7 1.1 1.1 1.3 2 0.9 0.7 1.1 0.9 0.8 0.4 0.7 0.5 0.7 0.7 1.8 3.8 4.3 3.6 2.8 5.2 3.4 3 2.6 1.7 2.2 2.8 2.3 2 1.6 0 0
Operating Cash Flow 1,078.9 1,170.7 1,618.7 1,144.4 1,045.1 1,262.8 1,291.2 354 1,512.5 1,089.7 1,114.3 1,022.4 1,367.6 1,719.9 628.9 564.4 2,101.7 2,372.5 3,413.6 626.7 668.5 1,231 (254.3) 943.4 698 787.4 557.3 188.3 897 728.8 452.9 394.6 618.8 566.9 414.8 (30.6) 355.9 377.9 651.0 399.5 45.0 (15.0) (28.6) 33.1 17.5 (18.6) (28.4) 61.8 (40.7) 1.2 (31.0) (23.9) (29.6) (26.1) (17.7) (21.9) (9.4) (3.8) (4.2) (3.3) (16.6) 7 (7.7) (4.7) (8.4) (5.7) 4.2 (4.5) (4.2) 3.1 (1.7) (4.1) (3.4) (0.1) (7) (5.9) (7.3) 2.1 (11.3) (2.4) (6.6) (11.4) (5.9) 5.8 (9) (9) (6) (7.8) (7.3)
Investing Activities
Capital Expenditure (230.6) (248.7) (201.4) (176.8) (271.5) (267) (183.6) (210.9) (161.8) (313.5) (176) (113) (178.2) (152.2) (142.5) (153.6) (141.8) (154.9) (133.2) (148.5) (115.3) (161.4) (153.2) (129.9) (170.1) (139) (121.7) (94.6) (74.3) (85.5) (106.2) (112) (79.4) (107.6) (59.7) (54.8) (50.5) (150.5) (118.6) (138.8) (104.1) (1.7) (1.5) (1.4) (1.5) (1.0) (1.3) (3.4) (5.0) (20.0) (15.2) (8.3) (6.9) (4) (2.6) (1.8) (2.2) (1.2) (1.0) (2.5) (1.8) (0.8) (1.2) (2.7) (1) (0.6) (1.3) (0.2) (0.9) (0.6) (0.4) 0.1 (1.2) (0.6) (0.5) (2.7) (4.8) (2.7) (0.4) (0.1) (0.1) 0.5 (0.7) (1.2) (5.5) (8.1) (1.2) (0.7) (0.2)
Acquisitions 0 (0.3) (3) 0 0 (11.5) (20.1) 15.1 0 (3.8) 199.9 133.9 100.9 1,616.9 (1,261.6) (230.3) 1,563.5 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 (5.5) 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 0 0 0 0 0 0
Purchases of Investments (2,755.9) (2,043.7) (3,520.2) (2,855.1) (2,539.3) (1,952.9) (4,591.1) (4,415.9) (5,657.5) (2,131.8) (3,243.1) (4,521.7) (1,749.4) (3,142.9) (570.1) (1,465.1) (2,309.8) (2,175.8) (2,985.8) (526.5) (1,360) (598.3) (1,109.2) (819.2) (714.3) (367.5) (645.8) (1,148.9) (1,040.2) (311.9) (352.4) (579.9) (601.3) (393.4) (406.3) (268.7) (208.7) (203.3) (377.2) (228.9) 0 (30.7) (24.8) (35.6) (87.7) (5.5) (191.1) (8.6) (76.7) (11.1) (35.3) (10.0) (67.0) (127.7) (70.6) (44.8) (60.6) (29.4) (47.2) (22.3) (6.0) (15) (2.9) (19.3) (22.9) (13.9) (30.2) (17.4) (26.5) (39.7) (26.8) (25.5) (20.6) (20.1) (13.4) (22.7) (18.4) (6.4) 0 (4) (17.7) 8.4 (5) (13) (12.9) (26.7) (25.6) (11.6) (13.4)
Sales/Maturities of Investments 2,606.5 2,555 3,365 2,167.9 3,458.3 2,582 4,258.6 4,054.5 4,132.2 2,382.9 2,997.8 2,268.7 1,792.8 1,537.4 1,831.7 1,435.1 746.3 318 680.2 800.8 416.3 454.7 486.6 2,402.5 441.2 297.8 560.5 407.5 338.4 131.5 181.9 206.9 255.3 165.3 107.1 153.2 119.0 82.4 89.9 41.8 60.4 78.2 52.3 55.4 20.3 76.7 35.9 69.7 54.9 92.9 85.4 48.4 37.2 44.8 47.0 25.0 28.3 15.8 2.8 24.8 10.3 8.8 14.9 25.8 33.7 17.7 27.7 25.8 22.3 27 18.5 10.8 19.6 8.2 10.5 10.7 9.5 12.2 1.4 11.2 14 9.5 9.4 19.6 22.8 18.9 16.1 18.4 15.1
Other Investing Activities (48.9) 0 0 0 0 0 (38.2) 0 0 0 (274.9) (154.8) (201.8) (1,716.9) 334.8 0 (1,563.5) 0 0 0 0 0 0 0 0 0 0 0 0 0.0 (10.0) (0.0) 0.0 (0.0) 0 0 0 0 0 0 0 0 0 0 0 5.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0 (0.1) 0 (0.1) 0.1 (0.1) (0.1) 0.1 0 0.1 (0.1) 0 0 (0.1) 0 0.2 (0.1) 0 0 0 0 (1.7) (2.4) (0.3) (0.2)
Investing Cash Flow (428.9) 220.3 (402.9) (1,094) 647.5 350.6 (574.4) (557.2) (1,687.1) (66.2) (496.3) (2,386.9) (235.7) (1,857.7) 192.3 (413.9) (1,705.3) (2,012.7) (2,438.8) 125.8 (1,059) (305) (775.8) 1,453.4 (443.2) (208.7) (207) (836) (776.1) (265.9) (286.7) (485.0) (425.4) (335.7) (358.9) (170.4) (140.1) (271.4) (405.9) (326.0) (43.7) 45.8 26.0 18.4 (69.0) 70.2 (156.5) 57.6 (26.8) 61.8 34.9 30.1 (36.6) (86.9) (26.2) (21.5) (34.6) (14.7) (45.5) 0.0 2.5 (6.9) 10.8 3.8 9.8 3.1 (3.8) 8.1 (5) (13.4) (8.8) (14.5) (2.2) (12.4) (3.5) (14.7) (13.7) 3 1 7.3 (3.9) 18.4 3.7 5.4 4.4 (17.6) (13.1) 5.8 1.3
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 481.9 1,500 0 0 0 0 0 0 0 0 0 0 0 (7.1) 44.1 (31.2) 4.4 (11.5) (2.3) 0 0 0 0 3.8 4.4 4.1 5.1 (0.1) (0.1) (0.1) (0.1) (0.1) 191.1 (0.1) (0.1) (0.3) (0.4) (0.4) (0.3) (0.3) (0.2) (0.3) (0.3) (0.3) (0.4) (0.4) (0.8) (1.1) (0.8) (0.9) (1.1) (3.6) 1.6 (0.9) (0.8) (0.9) (0.9) (0.7) (0.8) 1.4 (0.7) (0.8) (0.2) (0.3) (0.3) (0.3) (0.3)
Stock Repurchased (867.5) (1,190.9) (667) (1,067.1) (1,045.7) (1,226.4) (735.1) (915.7) (291.3) (747.1) (675.9) (704.9) (807.7) (620.2) (1,043.5) (407.9) (456.9) (1,449.3) (436) (331.4) (461.4) (409.4) (173) (5,469.4) (475.8) (394) (19.4) (29.8) (20.7) (110.1) (49.6) (31.9) 0 (223.9) (46.4) (31.4) 0 (96.2) (1.9) (44.0) (1.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (97.8) (92.7) (91.2) (92.6) (93.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (243.8) 0 0 0 (308.3) (5.2) (44.0) (242.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 0 0 (10.3) 0 (153.6) 0 (343.7) (458.1) (129.4) (16.1) (97) (189.1) (108.9) (48.9) (98.8) (582.4) (269.6) (26.2) (154.5) 0 303.1 0 0 (147.5) 8.4 (29.8) (10.7) (110.1) (45.2) (31.9) 0.0 0 0 0 0 (56.0) 0 0 39.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 (0.2) 0.1 0 (0.1) 0.1 0 0 (0.1) 0 43.1 0.1 0 0 0 0 0 0.1 (0.1) 0 0.1 0 0 0 (0.1) 51.3 0 0
Financing Cash Flow (802.2) (780.1) (717.9) (1,128.2) (1,089.2) (1,135.5) (634) (478.1) 47.1 (446.1) (407.3) (614.2) (322.5) (247.6) (725) (101.1) 64.7 (906.6) 385.4 (118.2) (366.4) (305.3) 612 (2,612.8) 335.6 (345.7) (11) (15.3) 119.9 (83.0) 3.7 (11.2) 13.4 (210.5) (8.2) 133.5 60.8 (491.7) 28.7 (31.2) (206.2) 0.1 0.0 1.0 0.3 4.1 4.6 49.5 5.6 48.5 0.6 (0.0) 0.1 1.1 191.3 0.4 3.3 (0.2) 17.6 72.8 2.7 0.2 (0.3) (0.2) 0.6 (0.3) (0.3) (0.3) (0.5) (1.1) (0.7) 42.2 (1) 9.5 (0.9) 57.5 0.2 21.8 (0.7) (0.7) (0.5) 1.5 (0.7) (0.8) (0.2) (0.6) 51 (0.3) (0.3)
Cash Position
Net Change in Cash (153.1) 610.6 497.5 (1,077.4) 604 477.2 83.6 (681.6) (128) 577.6 210.5 (1,979.1) 809.4 (385.4) 96.2 49.4 461.1 (546.8) 1,360.2 634.3 (756.9) 620.7 (418.1) (216) 590.4 233 339.3 (663) 240.8 379.9 170.0 (101.6) 206.8 20.7 47.8 (67.5) 276.6 (385.2) 273.9 42.3 (204.9) 30.9 (2.6) 52.6 (51.2) 55.7 (180.3) 169.0 (61.9) 111.5 4.5 6.2 (66.1) (111.9) 147.4 (43.0) (40.7) (18.7) (32.1) 69.5 (11.4) 0.2 2.8 (1.1) 2 (2.9) 0.1 3.3 (9.7) (11.4) (11.2) 23.6 (6.6) (3) (11.4) 36.9 (20.8) 26.9 (11) 4.2 (11) 8.5 (2.9) 10.4 (4.8) (27.2) 31.9 (2.3) (6.3)
Cash at Beginning 3,123.7 2,513.1 2,015.6 3,093 2,489 2,011.8 1,928.2 2,602 2,730 2,160.2 1,949.7 3,928.8 3,119.4 3,504.8 3,408.6 3,359.2 2,898.1 3,444.9 2,084.7 1,450.4 2,207.3 1,586.6 2,004.7 2,220.7 1,630.3 1,397.3 1,058 1,721 1,480.2 1,100.3 930.4 1,032.0 825.2 792.1 744.3 811.8 535.2 920.4 646.5 604.2 809.1 145.2 147.8 95.2 174.0 118.3 298.6 129.7 191.6 80.1 75.6 69.4 135.5 247.4 100.0 143.0 183.6 49.6 81.8 12.3 23.7 23.5 20.7 0 19.8 0 0 0 29 0 0 0 34.5 0 0 0 32.7 0 0 0 23.6 0 0 0 12.5 0 0 0 16.4
Cash at End 2,970.6 3,123.7 2,513.1 2,015.6 3,093 2,489 2,011.8 1,928.2 2,602 2,737.8 2,160.2 1,949.7 3,928.8 3,119.4 3,504.8 3,408.6 3,359.2 2,898.1 3,444.9 2,084.7 1,450.4 2,207.3 1,586.6 2,004.7 2,220.7 1,630.3 1,397.3 1,058 1,721 1,480.2 1,100.3 930.4 1,032.0 812.7 792.1 744.3 811.8 535.2 920.4 646.5 604.2 176.1 145.2 147.8 122.8 174.0 118.3 298.6 129.7 191.6 80.1 75.6 69.4 135.5 247.4 100.0 143.0 31.0 49.6 81.8 12.3 23.7 23.5 (1.1) 21.8 (2.9) 0.1 3.3 19.3 (11.4) (11.2) 23.6 27.9 (3) (11.4) 36.9 11.9 26.9 (11) 4.2 12.6 8.5 (2.9) 10.4 7.7 (27.2) 31.9 (2.3) 10.1
Free Cash Flow 848.3 922 1,417.3 967.6 773.6 995.8 1,107.6 143.1 1,350.7 776.2 938.3 909.4 1,189.4 1,567.7 486.4 410.8 1,959.9 2,217.6 3,280.4 478.2 553.2 1,069.6 (407.5) 813.5 527.9 648.4 435.6 93.7 822.7 643.3 346.7 282.6 539.4 459.3 355.2 (85.4) 305.4 227.4 532.5 260.7 (59.1) (16.7) (30.1) 31.8 15.9 (19.6) (29.7) 58.4 (45.7) (18.8) (46.2) (32.2) (36.5) (30.1) (20.3) (23.7) (11.6) (4.9) (5.2) (5.9) (18.4) 6.2 (8.9) (7.4) (9.4) (6.3) 2.9 (4.7) (5.1) 2.5 (2.1) (4) (4.6) (0.7) (7.5) (8.6) (12.1) (0.6) (11.7) (2.5) (6.7) (10.9) (6.6) 4.6 (14.5) (17.1) (7.2) (8.5) (7.5)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 3,605.4 3,884.3 3,754.3 3,675.6 3,028.7 3,789.2 3,720.7 3,547.1 3,145 3,434.3 3,362.7 3,158.1 3,162.1 3,414.4 2,936.2 2,857.2 2,965.1 4,951.7 3,452.8 5,138.5 2,528.7 2,422.9 2,294 1,952 1,828.2 1,863.5 1,743.7 1,577.8 1,372.6 1,927.8 1,663.5 1,608.0 1,511.5 1,582.4 1,500.7 1,470.1 1,319.0 1,226.8 1,220.1 1,212.6 1,200.8 1,098.1 1,137.4 998.6 869.6 802.3 725.8 665.7 625.7 610.4 597.0 457.6 439.7 414.6 427.7 304.4 231.8 123.0 102.8 107.8 112.2 133.7 106.0 115.9 103.5 96.8 117.5 90.0 75.0 55.8 65.6 60.7 56.4 64.7 22.3 22.2 15.8 10.3 15.6 19.3 18.2 17.4 16.2 16.4 16.2 47.1 36.5 28.4 62.0 21.3 10.5 4.9 5.6 4.4 5.8 9.1 19.4 14.9 14.5 10.5
Gross Profit 2,936 3,299.7 3,232.7 3,145.4 2,564.4 3,223.8 3,229.6 3,066.9 2,711.2 2,805.2 2,820.9 2,650.1 2,605.1 2,907.4 2,525.8 2,485.7 2,485.9 3,894.6 2,926.4 4,373.7 2,153.3 2,008.1 1,960.7 1,617.7 1,554.8 1,587.5 1,465.3 1,379.9 1,149.5 1,767.8 1,517.7 1,482.7 1,360.2 1,442.2 1,358.7 1,332.1 1,196.7 1,123.2 1,148.1 1,143.6 1,089.1 987.2 1,028.3 909.8 785.7 742.9 670.2 619.3 582.2 562.3 558.5 418.0 410.6 384.4 407.5 282.6 219.5 120.0 102.4 107.4 111.8 133.1 105.6 115.5 102.8 96.4 117.0 89.6 74.6 55.2 65.3 60.6 56.4 64.7 22.3 22.2 15.8 9.9 12.6 16.4 16.4 15.3 12.9 14.7 13.7 43.6 27.5 27.9 59.8 20.4 10.3 3.2 3.7 3.2 3.9 6.9 10.7 12.4 13.2 7.4
Operating Income 642.9 879.9 1,026.8 1,079.5 591.7 990.2 1,179.5 1,069.6 751.4 1,050.7 1,211 1,016.5 1,002.8 1,315.4 1,223.7 1,306.9 1,286.6 2,639.7 1,847.2 3,347.2 1,112.7 1,167 1,053.1 656.4 700.1 675.7 738.5 315.6 480 718.1 626.9 622.2 567.2 538.8 559.9 550.3 430.5 347.0 362.8 291.6 329.3 231.1 392.4 344.9 283.6 247.4 188.5 228.1 191.6 212.1 236.8 158.1 153.1 145.7 202.4 90.3 22.2 (45.4) (58.5) (60.3) (41.0) 10.4 (32.1) (23.7) (28.7) (39.4) (1.3) (16.3) (17.1) (34.6) (19.9) (19.6) (15.9) (11.5) (38.7) (30.6) (33.6) (33.5) (28.3) (24.2) (21.7) (27.3) (34.4) (32.2) (28.3) 4.0 (9.5) (12.6) 23.8 81.0 (26.9) 62.0 (29.9) 28.0 (18.1) (14.7) (9.5) (15.5) (3.9) (8.5)
Net Income 727.2 844.6 1,460 1,391.6 808.7 917.7 1,340.6 1,432.3 722 1,159.6 1,007.8 968.4 817.8 1,197.1 1,315.7 852.1 973.5 2,229 1,632.2 3,098.9 1,115.2 1,149.2 842.1 897.3 624.6 792 669.6 193.1 461.1 820.4 594.7 551.4 478.0 173.5 388.3 387.7 248.9 253.1 264.8 196.2 165.7 155.0 210.4 194.6 76.0 110.2 79.7 92.7 65.4 96.8 141.3 87.4 98.9 470.4 191.5 76.7 11.7 (53.4) (62.4) (62.5) (43.4) (14.6) (33.9) (25.5) (30.5) (36.5) (1.0) (14.9) (17.5) (31.5) (21.1) (18.5) (11.6) (13.1) (35.8) (26.8) (29.9) (31.0) (27.4) (23.6) (20.4) (29.7) (34.7) (27.0) (4.1) 2.8 (11.1) (14.5) 64.5 (19.4) (28.7) (35.7) (30.4) (28.4) (14.8) (13.0) (9.7) (3.2) (2.9) (7.3)
EPS (Diluted) 6.75 7.86 13.62 12.81 7.27 8.06 11.54 12.41 6.27 10.19 8.89 8.50 7.17 10.50 11.66 7.47 8.61 19.69 14.33 27.97 10.09 10.24 7.39 7.61 5.43 6.93 5.86 1.68 3.99 7.15 5.17 4.82 4.16 1.49 3.32 3.34 2.16 2.19 2.27 1.69 1.59 1.34 1.82 1.69 0.66 0.79 0.73 0.85 0.61 0.73 1.25 0.79 0.90 4.26 1.72 0.70 0.11 -0.57 -0.68 -0.69 -0.49 -0.17 -0.41 -0.31 -0.38 -0.45 -0.01 -0.19 -0.22 -0.40 -0.27 -0.23 -0.15 -0.17 -0.54 -0.41 -0.46 -0.47 -0.48 -0.41 -0.36 -0.52 -0.62 -0.48 -0.07 0.08 -0.20 -0.26 1.06 -0.35 -0.58 -0.81 -0.69 -0.65 -0.34 -0.35 -0.26 -0.09 -0.08 -0.23
Balance Sheet
Cash & Equivalents 2,962.6 3,118.1 2,506.4 1,995.8 3,090.2 2,488.2 2,011.8 1,920.7 2,602 2,730 2,152.3 1,937.2 3,916.3 3,105.9 3,491.3 3,395.1 3,345.7 2,885.6 3,432.4 2,072.2 1,437.9 2,193.7 1,573 1,992.2 2,208.2 1,617.8 1,384.8 1,045.5 1,708.5 1,467.7 1,087.8 917.9 1,019.5 812.7 792.1 744.3 811.8 535.2 920.4 646.5 604.2 112 117.3 207.1 271.5 199.1 97.4 122.8 174.0 118.3 129.7 191.6 80.1 75.6 100.0 143.0 183.6 31.0 49.6 81.8 12.3 23.7 23.5 20.6 21.8 19.8 22.6 22.5 19.3 28.9 40.3 51.4 27.9 34.5 37.5 48.9 11.9 32.7 5.9 16.8 12.7 23.6 15.3 18 8 12.5 39.7 7.9 10.1
Total Assets 40,868.8 40,558.7 40,169.4 38,219.2 37,545.2 37,759.4 37,441.9 36,086.8 34,369.6 33,080.2 32,163.3 30,657.5 30,059.9 29,214.5 27,677.8 27,205.8 26,348.7 25,434.8 23,671.5 21,485.9 17,772.2 17,163.3 16,084 14,428.7 15,757.5 14,805.2 13,939.3 13,173.6 12,854.8 11,734.5 10,805.6 9,952.0 9,372.7 8,764.3 8,701.2 8,106.4 7,817.4 6,973.5 6,828.0 6,204.9 5,904.5 790.6 787.2 741.2 742.3 681.4 573.1 488.2 506.2 479.6 395.5 430.4 391.6 418.6 318.6 336.3 349.2 208.3 216.3 202.1 132.0 137 134.4 139.8 149.3 156.9 162.4 165.1 161.4 168.4 164.7 170 129.1 137.6 130.6 139.3 86.2 93.8 74.2 83.4 86.1 94.2 97.4 105.7 106 117.6 125.9 82.4 90.6
Total Debt 2,706.2 2,705.9 2,705.5 2,705.1 2,704.8 2,704.4 2,704 2,703.6 2,703.3 2,702.9 2,702.6 2,702.2 2,701.8 2,701.4 2,701.1 2,700.7 2,700.4 2,699.7 2,698.6 2,697.6 2,696.7 2,695.7 2,694.8 2,215.9 715.2 713.9 712.7 711.3 709.9 708.5 707.2 705.9 704.6 703.5 702.3 701.2 707.6 481.1 382.2 361.5 362.2 157.8 156.9 109.0 62.9 0 200 200 200 213.8 205.1 200.1 200.2 200.2 2.2 2.3 2.5 2.7 3.0 3.4 3.9 4.1 3.3 3.7 3.9 4.2 4.5 4.8 4.8 5.6 6.8 7.3 7.8 8.7 9 8.6 8.7 9.5 10.3 11 8.7 12.3 10.3 9.4 11.9 7.5 7.7 7.8 7.7
Stockholders' Equity 31,423.6 31,256.9 30,957.8 29,938.9 29,387.6 29,353.6 29,325.9 28,205.8 26,991.1 25,973.1 24,904.4 24,017.9 23,495.2 22,664 21,438.8 20,687.8 19,914.7 18,768.8 17,258 15,127.3 11,977 11,025.3 10,125.5 9,057.4 12,133 11,089.7 10,504.4 9,755.9 9,444.7 8,757.3 7,868.3 7,186.4 6,567.6 6,144.1 6,051.6 5,520.7 4,866.0 4,449.2 4,491.2 4,076.5 3,765.1 371.2 386.3 396.8 410.5 410.3 151.4 190.1 204.1 137.6 137.8 165.6 146.0 180.8 294.9 313.3 324.4 182.1 191.0 176.0 105.6 109.5 110.5 115.4 123.4 131.2 136.9 137.8 135.4 138.9 138.2 139.9 101 106.9 104.2 112.8 62.1 67.9 53 59.4 63.8 67.1 72.8 76.6 86.7 98.4 110.1 68.4 77.8
Cash Flow
Operating Cash Flow 1,078.9 1,170.7 1,618.7 1,144.4 1,045.1 1,262.8 1,291.2 354 1,512.5 1,089.7 1,114.3 1,022.4 1,367.6 1,719.9 628.9 564.4 2,101.7 2,372.5 3,413.6 626.7 668.5 1,231 (254.3) 943.4 698 787.4 557.3 188.3 897 728.8 452.9 394.6 618.8 566.9 414.8 (30.6) 355.9 377.9 651.0 399.5 45.0 (15.0) (28.6) 33.1 17.5 (18.6) (28.4) 61.8 (40.7) 1.2 (31.0) (23.9) (29.6) (26.1) (17.7) (21.9) (9.4) (3.8) (4.2) (3.3) (16.6) 7 (7.7) (4.7) (8.4) (5.7) 4.2 (4.5) (4.2) 3.1 (1.7) (4.1) (3.4) (0.1) (7) (5.9) (7.3) 2.1 (11.3) (2.4) (6.6) (11.4) (5.9) 5.8 (9) (9) (6) (7.8) (7.3)
Capital Expenditure (230.6) (248.7) (201.4) (176.8) (271.5) (267) (183.6) (210.9) (161.8) (313.5) (176) (113) (178.2) (152.2) (142.5) (153.6) (141.8) (154.9) (133.2) (148.5) (115.3) (161.4) (153.2) (129.9) (170.1) (139) (121.7) (94.6) (74.3) (85.5) (106.2) (112) (79.4) (107.6) (59.7) (54.8) (50.5) (150.5) (118.6) (138.8) (104.1) (1.7) (1.5) (1.4) (1.5) (1.0) (1.3) (3.4) (5.0) (20.0) (15.2) (8.3) (6.9) (4) (2.6) (1.8) (2.2) (1.2) (1.0) (2.5) (1.8) (0.8) (1.2) (2.7) (1) (0.6) (1.3) (0.2) (0.9) (0.6) (0.4) 0.1 (1.2) (0.6) (0.5) (2.7) (4.8) (2.7) (0.4) (0.1) (0.1) 0.5 (0.7) (1.2) (5.5) (8.1) (1.2) (0.7) (0.2)
Free Cash Flow 848.3 922 1,417.3 967.6 773.6 995.8 1,107.6 143.1 1,350.7 776.2 938.3 909.4 1,189.4 1,567.7 486.4 410.8 1,959.9 2,217.6 3,280.4 478.2 553.2 1,069.6 (407.5) 813.5 527.9 648.4 435.6 93.7 822.7 643.3 346.7 282.6 539.4 459.3 355.2 (85.4) 305.4 227.4 532.5 260.7 (59.1) (16.7) (30.1) 31.8 15.9 (19.6) (29.7) 58.4 (45.7) (18.8) (46.2) (32.2) (36.5) (30.1) (20.3) (23.7) (11.6) (4.9) (5.2) (5.9) (18.4) 6.2 (8.9) (7.4) (9.4) (6.3) 2.9 (4.7) (5.1) 2.5 (2.1) (4) (4.6) (0.7) (7.5) (8.6) (12.1) (0.6) (11.7) (2.5) (6.7) (10.9) (6.6) 4.6 (14.5) (17.1) (7.2) (8.5) (7.5)