RenaissanceRe Holdings Ltd. logo RNR - RenaissanceRe Holdings Ltd.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 8
HOLD 18
SELL 2
STRONG
SELL
0
| PRICE TARGET: $310.75 DETAILS
HIGH: $340.00
LOW: $267.00
MEDIAN: $317.50
CONSENSUS: $310.75
UPSIDE: 3.87%
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 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 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2
Revenue
Revenue 2,174.4 2,924.2 3,185.6 3,186.3 3,452.7 2,278.8 3,968.1 2,815.9 2,585.3 3,224.9 1,825.1 1,845.5 2,195.6 2,022.0 1,284.8 859.6 882.8 1,390.0 1,539.4 1,468.6 867.5 1,397.2 1,326.8 1,539.4 891.7 1,099.4 1,045.3 1,231.6 802.5 543.9 622.1 473.4 417.1 489.1 632.9 500.0 473.6 349.0 454.1 477.3 446.5 374.1 352.5 391.4 376.6 314.0 256.7 323.9 339.4 398.9 384.3 246.5 327.6 341.8 386.2 303.7 351.1 208.5 213.2 280.9 387.7 (66.5) 382.0 306.4 349.2 396.7 438.6 508.8 323.8 150.0 315.5 395.7 369.9 283.5 424.8 468.8 488.4 468.6 461.6 487.3 423.2 481.6 422.8 404.2 347.3 431.5 406.7 356.9 385.4 351.8 315.0 374.2 325.5 270.5 234.1 225.9 180.0 123.4 103.7 100.8 113.0 104.9 99.4 79.7 65.7 68.2 64.8 67.6 69.7 75.7 66.8 57 60.9 57.9 66.3 63.9 66.5 75.6 70.2 17.6 17.8 17.8 17.8
Cost of Revenue 984.0 951.1 1,538.5 1,684.7 3,391.2 2,161.9 2,064.0 1,953.9 1,797.0 1,574.0 1,287.3 1,353.8 1,233.5 1,236.2 2,385.6 1,067.5 1,218.2 1,025.0 2,126.1 805.6 1,134.3 1,139.6 1,157.2 743.9 781.6 970.7 856.7 680.9 351.0 598.1 520.3 165.2 269.4 402.7 1,298.5 230.8 276.4 198.0 193.2 236.8 192.2 157.4 178.2 231.0 120.3 27.7 107.2 114.9 92.6 10.2 98.6 135.7 52.3 226.3 97.7 75.2 39.7 28.7 103.9 165.1 660.9 (162.6) 104.1 4.8 123.8 54.2 82.8 119.3 130.8 88.0 589.6 167.8 128.6 130.7 195.4 198.4 209.7 170.6 106.4 281.9 168.0 737.0 728.7 154.4 253.2 175.3 810.9 184.8 170.2 143.0 153.2 140.8 124.9 123.3 106.7 93.5 61.7 39.5 58.4 42.9 54.4 48.7 41.0 32.5 25.0 5.2 7.5 6 6.8 7.1 7.5 5.4 6.4 6.2 6.7 5.9 6.4 6.7 0 0 0 0 0
Gross Profit 1,190.5 1,973.1 1,647.1 1,501.5 61.5 116.9 1,904.1 862.0 788.3 1,650.9 537.8 491.8 962.1 785.8 (1,100.8) (207.9) (335.4) 365.0 (586.7) 662.9 (266.8) 257.6 169.6 795.5 110.1 128.7 188.6 550.7 451.5 (54.2) 101.8 308.2 147.7 86.4 (665.5) 269.2 197.2 151.0 260.9 240.5 254.3 216.7 174.4 160.4 256.4 286.2 149.5 209.1 246.8 388.8 285.6 110.7 275.4 115.5 288.5 228.5 311.4 179.9 109.3 115.8 (273.2) 96.1 277.9 301.6 225.4 342.5 355.8 389.5 193.0 61.9 (274.0) 227.9 241.4 152.8 229.4 270.5 278.7 298.0 355.2 205.4 255.3 (255.4) (305.9) 249.9 94.1 256.2 (404.3) 172.2 215.2 208.8 161.9 233.4 200.6 147.3 127.4 132.4 118.3 84.0 45.2 57.9 58.5 56.2 58.4 47.2 40.8 63.0 57.3 61.6 62.9 68.6 59.3 51.6 54.5 51.7 59.6 58 60.1 68.9 70.2 17.6 17.8 17.8 17.8
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 703.2 148.5 147.5 121.6 237.3 151.3 125.9 125.1 0 0 0 90.3 83.2 74.9 84.9 80.4 50.1 69.2 68.3 65.7 62.1 97.1 61.0 83.5 82.2 67.3 83.7 83.7 71.0 47.4 45.8 48.0 33.4 47.0 46.4 52.6 61.8 52.0 56.8 64.5 75.3 61.8 67.5 91.2 65.8 50.9 49.8 47.2 61.0 49.0 64.3 50.5 57.1 46.2 45.5 47.2 52.0 45.8 46.3 43.9 6.0 42.6 42.5 50.5 63.2 49.8 53.2 46.3 35.0 33.4 40.6 38.8 9.8 34.3 59.5 7.0 8.0 5.1 5.6 5.7 30.0 21.8 8.7 11.3 3.6 4.5 5.0 4.6 3.4 4.5 4.7 3.5 3.5 3.5 4.7 2.7 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
Other Expenses 641.6 6.2 18.0 13.5 10.7 (37.3) 18.1 28.3 29.3 216.6 112.0 111.1 2.6 3.9 10.4 4.5 18.3 8.0 6.6 3.1 17.5 13.7 6.4 2.8 10.4 9.6 9.7 8.7 7.1 7.6 4.1 5.9 10.9 9.6 10.0 4.5 12.0 5.6 22.2 4.5 8.9 7.1 4.8 3.7 0.0 (0.5) (5.5) (2.9) 0.1 (2.0) (3.0) 0.5 (0.8) (0.8) 1.6 (1.1) 0.2 5.7 0.9 5.7 6.2 6.3 6.2 6.2 3.2 3.0 (4.9) 4.2 4.1 72.0 5.4 5.9 6.8 89.6 51.0 16.5 69.6 628.1 89.7 60.6 61.7 28.5 308.3 30.3 25.4 81.5 16.8 22.8 18.6 (39.0) 39.2 43.6 41.7 38.9 32.6 28.7 24.7 20.3 15.3 17.3 12.8 18.8 17.8 17.9 16.3 136.2 2.7 1.7 1.4 176.9 1.4 0.8 0.8 86.8 0.8 0.8 1.9 1.5 70.2 17.6 17.8 17.8 17.8
Operating Expenses 641.6 709.4 166.5 161.0 132.3 200.0 169.4 154.2 154.4 216.6 112.0 111.1 92.9 87.1 85.3 89.4 98.8 58.1 75.8 71.4 83.2 75.8 103.5 63.8 93.8 91.8 77.0 92.4 90.8 78.6 51.6 51.8 58.9 43.0 57.0 51.0 64.6 67.4 74.2 61.3 73.4 82.3 66.7 71.2 91.2 65.2 45.4 46.9 47.3 59.0 46.0 64.8 49.7 56.2 47.7 44.3 47.4 57.7 46.7 52.0 50.1 12.3 48.7 48.7 53.6 66.2 44.9 57.4 50.5 106.9 38.8 46.5 45.6 99.4 85.3 76.0 76.6 636.0 94.8 66.2 67.4 58.4 330.1 39.0 36.8 85.0 21.3 27.8 23.2 (35.5) 43.7 48.3 45.2 42.4 36.0 33.4 27.4 20.3 15.3 17.3 12.8 18.8 17.8 17.9 16.3 136.2 2.7 1.7 1.4 176.9 1.4 0.8 0.8 86.8 0.8 0.8 1.9 1.5 70.2 17.6 17.8 17.8 17.8
Operating Income
Operating Income 548.8 1,263.7 1,480.6 1,340.6 (70.8) (83.1) 1,734.7 707.8 633.8 1,434.3 425.8 380.7 869.2 698.7 (1,186.1) (297.3) (434.2) 306.9 (662.5) 591.5 (350.0) 181.7 66.1 731.7 16.3 36.9 111.6 458.3 360.7 (132.8) 50.3 256.4 88.8 43.4 (722.5) 218.3 132.6 83.5 186.7 179.2 180.9 134.3 107.7 89.2 165.2 221.0 104.1 162.2 199.5 329.8 239.7 45.9 225.7 59.3 240.8 184.1 264.0 122.2 62.6 63.7 (323.3) 83.8 229.2 252.9 171.8 276.3 310.9 332.1 142.5 (45.0) (312.8) 181.3 195.7 53.5 144.1 194.4 202.0 (338.1) 260.4 139.2 187.8 (313.9) (636.1) 210.8 57.4 171.2 (425.6) 144.3 192.0 244.3 118.2 185.1 155.3 104.8 91.3 99.0 90.9 63.7 29.9 40.6 45.8 37.4 40.6 29.3 24.5 (73.2) 54.6 59.9 61.5 (108.3) 57.9 50.8 53.7 (35.1) 58.8 57.2 58.2 67.4 0 0 0 0 0
Interest Expense 31.8 31.4 30.6 31.8 27.1 23.2 23.8 23.6 23.1 23.2 23.0 14.9 12.1 12.4 12.1 11.9 12.0 11.9 11.9 11.8 11.9 11.8 11.8 11.8 14.9 15.5 15.6 15.5 11.8 11.8 11.8 11.8 11.8 11.8 11.8 10.1 10.5 10.5 10.5 10.5 10.5 10.4 10.5 9.9 5.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 5.0 5.8 5.9 5.7 5.7 5.7 5.7 5.7 6.2 6.3 6.2 6.2 3.2 3.0 3.7 4.2 4.1 6.5 5.4 5.9 6.8 7.2 7.2 7.2 12.0 8.4 9.5 10.4 9.3 7.7 6.9 7.0 6.6 6.7 6.7 6.3 6.3 2.3 4.3 5.3 4.5 3.4 3.5 3.4 2.7 3.0 2.7 0.7 0.9 3.9 4.6 4.4 4.3 4.1 2.7 1.7 1.4 1.5 1.4 0.8 0.8 0.8 0.8 0.8 1.9 1.5 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 556.2 1,278.6 1,504.4 1,377.8 (40.0) (53.0) 1,984.1 741.3 673.0 1,443.8 400.9 355.3 848.4 685.4 (1,184.8) (266.5) (431.6) 314.2 (659.1) 593.7 (336.4) 212.1 84.6 739.5 26.8 20.7 116.5 460.9 368.8 (151.9) 68.2 279.1 114.3 67.9 (703.6) 233.5 149.5 105.0 204.6 192.0 200.2 159.0 109.7 106.6 175.3 242.8 123.3 173.6 212.1 343.2 259.7 63.9 243.7 79.5 263.2 205.1 283.3 143.1 78.1 76.2 (306.6) 109.8 248.7 271.8 188.9 286.8 318.0 335.4 145.9 (45.9) (308.3) 190.1 199.2 51.7 147.5 197.4 211.2 (333.2) 265.2 146.3 196.4 (304.7) (626.5) 220.4 66.9 181.6 (415.2) 156.2 202.1 249.9 125.7 193.7 163.1 111.9 98.0 112.8 95.5 71.1 31.4 41.5 46.6 42.9 44.9 33.1 28.5 107.7 3.4 5.6 5.8 66.4 2.6 1.9 2.2 (34.7) 59.1 56.4 59.5 67.4 0 0 0 0 0
EBIT 580.6 1,295.1 1,511.2 1,372.4 (43.7) (59.9) 1,758.5 731.4 656.9 1,457.5 448.8 395.6 881.3 711.1 (1,174.0) (285.4) (422.2) 318.8 (650.6) 603.3 (338.1) 193.6 78.0 743.6 31.3 52.4 127.2 473.9 372.4 (121.1) 62.0 268.1 100.6 55.2 (710.7) 228.3 143.1 94.1 197.3 189.7 191.5 144.7 118.2 99.0 170.5 225.3 108.4 166.5 203.8 334.1 244.0 50.2 230.7 65.1 246.7 189.9 269.7 127.9 68.3 69.5 (317.1) 90.1 235.4 259.1 174.9 279.4 314.6 336.3 146.6 (38.5) (307.5) 187.3 202.5 60.7 151.3 201.6 214.0 (329.6) 269.9 149.5 197.1 (306.2) (629.1) 217.8 64.0 177.9 (418.9) 150.7 198.2 246.6 122.5 190.4 159.8 108.3 94.8 102.4 93.6 66.7 32.6 41.3 46.6 41.3 45.3 33.7 28.7 106.8 2.7 1.7 1.4 55.6 1.4 0.8 0.8 (35.1) 58.8 57.2 58.2 67.4 0 0 0 0 0
Income Before Tax 548.8 1,263.7 1,480.6 1,340.6 (70.8) (83.1) 1,734.7 707.8 633.8 1,434.3 425.8 380.7 869.2 698.7 (1,186.1) (297.3) (434.2) 306.9 (662.5) 591.5 (350.0) 181.7 66.1 731.7 16.3 36.9 111.6 458.3 360.7 (132.8) 50.3 256.4 88.8 43.4 (722.5) 218.3 132.6 83.5 186.7 179.2 180.9 134.3 107.7 89.2 165.2 221.0 104.1 162.2 199.5 329.8 239.7 45.9 225.7 59.3 240.8 184.1 264.0 122.2 62.6 63.7 (323.3) 83.8 229.2 252.9 171.8 276.3 310.9 332.1 142.5 (45.0) (312.8) 181.3 195.7 53.5 144.1 194.4 202.0 (338.1) 260.4 139.2 187.8 (313.9) (636.1) 210.8 57.4 171.2 (425.6) 144.3 192.0 244.3 118.2 185.1 155.3 104.8 91.3 99.0 90.9 63.7 29.9 40.6 45.8 37.4 40.6 29.3 24.5 102.7 23.9 23.6 30.2 54.1 18.3 29.4 36.2 (35.1) 58.8 57.2 58.2 67.4 0 0 0 0 0
Income Tax Expense 33.0 116.1 148.9 176.9 (45.5) (63.9) 102.0 (20.8) 15.4 (554.2) 9.3 5.9 28.9 5.4 2.8 (30.5) (36.7) 18.6 (23.6) 13.9 (19.5) (9.9) (8.2) 29.9 (8.8) (3.5) 3.7 9.5 7.5 (8.9) 1.5 4.5 (3.4) 41.2 (19.0) 3.9 0.3 (7.7) (1.3) 6.6 2.7 8.5 (4.6) (1.8) (47.9) 0.4 0.2 (0.2) 0.2 1.3 0.2 0.0 0.1 0.4 0.1 0.9 (0.0) 2.9 (1.4) (1.8) (0.1) (2.9) (2.4) (1.0) (3.0) 5.3 4.0 0.7 (0.9) (0.4) (0.5) (6.3) 7.7 (19.3) 0.1 0.7 0.1 0.9 0.6 0.1 0.2 0 0 0 0 (8.0) 4.0 0 0 0.0 0.0 0 (0.1) 0.3 (0.1) (0.3) 0.6 13.1 (0.0) 0.3 0.9 (0.4) 5.0 (0.4) 0.4 (1.1) (0.1) (0.4) 0.2 (19.8) (2.1) 0.9 0.5 0 0 0 0 0 0 0 0 0 0
Net Income 293.4 760.5 916.5 835.4 170.0 (189.7) 1,182.5 503.9 373.6 1,585.5 202.8 199.9 572.9 456.9 (816.5) (316.1) (385.6) 219.8 (440.4) 464.1 (283.6) 197.1 55.1 583.1 (72.9) 43.0 45.9 377.0 282.9 (74.7) 42.4 197.4 62.3 2.1 (499.2) 176.7 97.9 75.0 152.4 141.9 133.6 97.8 81.1 78.8 173.4 176.4 73.4 126.3 156.6 274.3 185.3 34.3 196.7 50.3 189.4 151.0 210.2 90.5 58.0 33.5 (239.3) 133.0 215.3 220.8 175.6 222.3 269.2 281.8 107.9 (44.6) (220.4) 146.3 147.7 72.8 144.0 193.7 201.9 210.6 259.8 139.1 187.6 (201.7) (278.5) 180.5 53.0 212.6 (339.7) 129.8 174.0 164.8 118.1 185.1 155.4 105.3 91.3 99.2 90.3 50.6 29.9 40.3 44.9 37.8 35.6 29.7 24.1 26.2 24 24 30 (10.0) 20.4 28.5 35.7 31.3 35.4 37 35.4 36.5 39.3 9.8 9.8 9.8 9.8
Per Share Data
EPS (Basic) 6.60 16.75 19.47 17.25 3.29 -3.89 22.68 9.44 6.96 30.50 3.81 8.17 19.60 16.20 -27.75 -7.53 -9.17 4.65 -9.53 9.36 -5.72 3.75 0.94 12.64 -1.68 0.77 0.83 8.36 6.43 -1.86 0.82 4.78 1.42 0.06 -12.61 4.25 2.26 1.70 3.58 3.23 2.97 2.11 1.68 1.60 4.18 4.46 1.72 3.00 3.61 6.14 4.09 0.61 4.32 1.16 3.67 2.78 3.93 1.80 0.96 0.66 -4.65 1.68 3.73 3.69 2.75 3.81 4.15 4.35 1.57 -0.74 -3.62 2.16 2.09 1.11 1.89 2.57 2.68 -4.76 3.53 1.84 2.52 -2.84 -3.95 2.44 0.63 3.02 -4.97 1.74 2.43 3.51 1.63 2.62 2.21 1.54 1.30 1.43 1.31 0.76 0.51 0.70 0.78 0.66 0.63 0.53 0.42 1.80 0.39 0.39 0.47 -0.16 0.31 0.43 0.53 -0.13 0.53 0.54 0.52 0.48 0.51 0.13 0.13 0.13 0.13
EPS (Diluted) 6.57 16.75 19.40 17.20 3.27 -3.89 22.62 9.41 6.94 30.42 3.80 8.15 19.54 16.16 -27.75 -7.53 -9.17 4.65 -9.53 9.35 -5.72 3.74 0.94 12.63 -1.68 0.77 0.83 8.35 6.43 -1.86 0.82 4.78 1.42 0.05 -12.61 4.24 2.25 1.69 3.56 3.22 2.95 2.09 1.66 1.59 4.14 4.42 1.70 2.95 3.56 6.05 4.01 0.60 4.23 1.16 3.62 2.75 3.88 1.80 0.95 0.66 -4.65 1.68 3.70 3.66 2.73 3.81 4.12 4.32 1.57 -0.74 -3.57 2.13 2.05 1.11 1.85 2.53 2.63 -4.76 3.48 1.81 2.49 -2.84 -3.95 2.39 0.62 3.02 -4.97 1.69 2.36 3.51 1.59 2.54 2.14 1.54 1.26 1.37 1.25 0.76 0.49 0.67 0.74 0.66 0.61 0.52 0.41 1.80 0.39 0.39 0.47 -0.16 0.30 0.42 0.52 -0.13 0.52 0.53 0.51 0.47 0.50 0.13 0.13 0.13 0.13
Shares Outstanding 42.4 44.9 47.1 47.7 51.0 50.4 51.0 51.7 51.7 50.9 50.3 45.9 42.9 42.8 42.8 43.2 43.4 44.7 46.2 48.2 49.6 50.0 50.0 44.9 43.4 43.5 43.5 43.5 42.1 40.1 39.6 39.6 39.6 38.8 39.6 39.9 40.4 40.5 40.5 41.7 42.6 43.1 44.6 45.3 39.6 37.8 39.0 39.7 41.2 43.2 43.3 43.4 43.5 43.5 48.4 50.3 50.4 50.4 50.5 50.5 51.5 51.5 53.5 55.5 58.4 58.4 60.9 61.0 60.6 60.6 60.9 62.9 65.5 65.6 70.6 71.3 71.2 71.1 71.1 70.9 71.0 71.0 70.6 70.5 70.3 70.3 70.1 69.7 69.5 69.2 69.5 68.8 68.5 68.0 67.9 67.3 66.8 66.8 58.1 57.8 57.7 57.6 56.6 56.6 57.8 57.8 61.1 61.6 63.4 63.4 65.9 66.9 67.0 66.6 66.9 69.8 70.0 78.3 76.6 77.4 77.4 77.4 77.4
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 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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 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 Q3
Current Assets
Cash & Cash Equivalents 1,562.9 1,731.2 1,701.6 1,428.7 1,632.8 1,676.6 1,572.9 1,627.1 1,606.7 1,877.5 1,195.9 943.9 1,063.7 1,194.3 1,204.2 1,398.1 1,563.1 1,859.0 1,440.7 1,789.8 1,286.7 1,736.8 1,287.4 1,185.8 896.2 1,379.1 871.3 670.6 1,021.3 1,107.9 453.0 548.5 648.0 1,361.6 581.6 623.1 454.1 421.2 493.3 455.5 449.1 506.9 524.5 398.1 557.6 525.6 300.5 294.5 327.2 408.0 266.4 285.6 335.6 325.4 249.1 264.2 261.0 217.0 235.1 237.7 252.6 277.7 351.8 285.1 358.8 260.7 348.0 209.9 249.3 274.7 427.2 263.0 335.4 330.2 317.3 266.5 270.6 214.4 245.8 187.3 240.7 174.0 156.9 187.0 161.7 66.7 139.3 74.1 91.1 63.4 84.0 60.1 99.4 87.1 86.5 103.0 709.7 866.3 212.6 170.0 146.1 110.6 203.1 184.4 192.6 132.1 170 122 175 115.7 120 88 200 122.9 124 108 166 0
Short-Term Investments 30,144.7 31,226.9 29,790.4 28,995.3 28,364.5 4,531.7 4,303.0 4,361.1 4,639.2 4,604.1 6,519.2 6,374.0 5,177.1 4,669.3 4,936.0 4,429.5 4,685.3 5,298.4 4,667.3 4,392.7 5,091.1 4,993.7 5,159.0 5,570.8 5,263.2 4,566.3 4,116.2 4,579.2 4,012.8 2,586.5 2,461.4 2,031.9 1,616.6 991.9 1,497.3 1,071.0 1,199.8 1,368.4 1,148.4 1,012.6 1,185.5 1,226.2 1,018.8 1,564.9 1,800.9 1,040.1 1,059.2 986.9 1,008.0 1,079.0 963.9 965.6 1,043.1 904.6 679.4 654.9 1,172.8 905.5 1,557.9 774.4 1,518.5 1,897.9 1,677.2 1,574.7 1,731.2 1,860.3 1,692.5 1,853.9 2,869.4 2,945.8 2,340.5 2,328.1 1,565.6 1,821.5 2,419.0 2,268.2 2,183.6 2,411.0 1,841.3 1,911.7 1,621.6 1,653.6 1,133.5 687.4 752.6 608.3 697.4 1,009.0 722.2 660.6 1,189.0 1,325.9 1,063.4 700.4 494.5 720.2 10.1 7.4 56.5 15.3 13.0 13.8 57.3 11.1 14.4 12.8 0 0 0 25.0 0 0 0 0 0 0 0 0
Net Receivables 12,246.1 11,800.6 12,495.4 13,916.5 13,393.2 11,863.3 13,297.6 14,206.1 14,593.3 13,247.2 10,662.8 11,689.1 10,907.5 10,200.9 10,746.9 9,894.1 9,657.7 8,430.7 8,657.2 8,126.6 7,929.9 6,388.9 6,973.9 6,942.8 6,212.8 5,469.6 0 0 0 0 0 0 0 0 0 0 0 0 0 1,757.8 1,465.7 1,133.4 1,327.4 1,354.3 1,070.6 559.1 0 0 0 0 0 0 0 0 0 0 0 0 729.0 1,190.6 711.5 421.3 922.0 1,175.4 565.7 331.1 1,015.1 1,404.4 901.7 802.1 1,096.4 1,175.3 849.2 619.1 911.6 1,121.0 648.3 419.1 623.9 857.7 567.0 363.1 478.7 552.7 453.5 206.8 270.8 404.7 434.2 168.0 312.2 381.1 474.5 199.4 319.0 375.9 348.1 102.2 152.8 127.1 125.1 95.4 164.8 167.2 150.2 80.5 0 166.6 164.4 96.8 116 126.7 101.4 56.6 16.7 99.2 0 0
Inventory 0 0 0 0 0 0 0 (20,194.3) (35,833.0) 0 0 0 0 (16,057.5) 0 0 0 (11,746.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 (16,394.9) (4,515.6) 14,881.3 15,317.7 (924.8) (11,691.7) (20,194.2) (18,279.2) (441.3) (18,120.6) (17,076.3) (17,092.0) 10,891.9 (15,902.8) (15,670.0) (15,537.5) 0 0 0 (13,524.2) (12,182.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7,483.2 7,417.5 7,517.8 7,429.8 6,678.9 5,584.6 0 0 0 0 0 0 0 0 0 0 0 0 4,664.3 4,764.0 4,647.6 4,103.1 4,741.6 4,506.0 5,204.6 5,006.0 5,420.0 5,266.3 3,967.0 3,887.2 4,653.2 4,709.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 45,308.5 45,752.5 45,204.1 45,756.2 44,604.3 1,676.6 14,657.9 16,315.3 1,606.7 19,728.8 7,715.1 0 0 587.1 0 0 0 15,588.1 0 0 14,307.7 13,119.5 13,420.2 13,699.4 0 0 7,787.4 8,390.5 7,787.2 5,231.6 4,701.6 4,540.1 3,949.2 3,658.1 3,600.1 3,227.9 2,937.2 2,776.9 2,811.3 2,788.4 10,583.5 10,284.0 10,388.5 10,747.2 10,108.1 7,709.3 1,233.0 1,386.0 1,241.2 1,136.9 1,116.3 1,348.4 990.5 874.9 1,008.0 1,291.2 1,018.0 739.4 7,186.2 6,966.7 7,130.2 6,700.0 7,692.6 7,541.1 7,860.3 7,724.4 8,475.5 8,734.6 7,987.4 7,909.9 8,517.3 8,476.1 2,750.2 2,770.9 3,647.9 3,655.7 3,102.4 3,044.5 2,711.0 2,956.7 2,429.3 2,190.7 1,769.1 1,427.0 1,367.8 881.8 1,107.6 1,487.8 1,247.5 892.0 1,585.2 1,767.2 1,637.3 986.9 899.9 1,199.0 1,068.0 975.8 421.9 312.4 284.2 219.8 425.2 362.7 357.2 225.3 170 288.6 339.4 237.4 236 214.7 301.4 179.5 140.7 207.2 166 0
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 25,231.3 (26,903.9) 27,793.0 0 0 0 83.7 0 0 0 50.9 0 0 0 47.8 0 0 0 0 40.8 39.3 40.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Goodwill 0 300.5 0 0 0 300.5 0 (1,815.6) (1,822.2) 300.5 0 0 0 206.3 0 0 0 206.3 0 0 (786.9) 211.0 (697.3) (734.3) 0 210.7 (708.3) (780.8) (841.5) 197.6 (497.7) (511.2) (477.0) 197.6 (434.9) (430.1) (388.7) 197.6 (351.8) (331.2) (287.3) 197.6 (213.6) (173.4) (146.1) 5.9 (130.1) (140.8) (121.9) 5.9 (103.8) (125.7) (77.9) 5.9 0 0 0 5.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 2,283.4 1,871.1 2,307.4 2,401.0 2,371.0 403.6 717.5 2,553.1 2,581.0 474.8 233.9 0 0 31.5 0 0 0 37.2 0 0 1,035.0 38.6 954.8 992.9 0 51.6 971.5 1,046.0 1,108.7 39.8 736.5 751.3 718.6 45.6 679.7 676.5 637.0 53.6 606.5 589.3 549.0 67.6 483.8 449.2 427.4 2.0 138.1 148.8 129.9 2.2 112.8 134.0 86.3 2.6 8.6 8.7 9.1 3.0 14.2 14.4 14.5 14.7 73.0 74.1 75.4 76.7 69.2 70.8 72.5 74.2 71.9 74.2 0 6.2 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
Long-Term Investments 5,026.9 4,846.3 6,013.8 5,501.1 5,228.7 28,107.8 138.0 151.6 28,056.4 24,612.1 24,564.0 24,195.4 21,964.9 21,033.7 19,935.0 19,726.3 20,067.0 19,449.6 20,249.9 19,587.8 18,994.9 20,262.3 19,196.7 18,630.3 17,809.3 17,356.7 16,911.3 16,355.8 14,784.4 11,860.0 11,517.0 10,684.7 9,529.1 9,485.3 9,622.0 9,390.4 9,436.7 9,293.4 9,193.6 8,986.4 9,016.2 8,973.5 8,975.0 9,255.4 8,662.0 6,721.9 6,710.0 6,687.7 6,506.0 6,799.9 6,356.1 5,955.4 6,068.3 6,151.9 6,003.6 5,847.0 5,604.8 5,460.3 5,519.3 4,955.8 5,520.7 6,100.2 6,577.3 6,234.6 6,350.6 6,253.4 6,292.8 6,176.0 6,122.4 6,042.6 6,103.6 6,207.9 5,382.1 5,735.9 5,894.4 5,447.4 5,339.4 5,522.9 5,017.4 4,991.5 4,723.6 4,552.6 4,361.8 4,059.6 3,945.2 3,982.1 4,226.2 4,274.9 3,994.0 3,753.9 3,887.7 3,673.3 3,584.6 3,041.8 2,749.4 2,551.2 1,561.3 1,289.9 1,218.3 1,046.5 998.8 941.9 1,023.3 941.4 912.1 920.5 0 0 0 826.6 0 0 0 736.5 0 0 0 0
Other Non-Current Assets 393.9 328.1 267.3 369.6 664.7 (27,406.7) 31,306.9 2,140.1 46,756.6 (25,387.4) (24,564.0) (24,430.7) (22,201.4) (16,322.8) (20,174.1) (19,967.0) (20,309.1) (167.9) (20,494.9) (19,834.4) 1,017.5 (1,196.8) 1,091.8 1,061.4 (18,069.3) (17,618.9) 682.3 1,075.5 1,720.8 1,347.1 639.0 1,558.4 2,202.4 1,839.6 1,578.0 840.9 697.4 30.6 400.0 511.8 (7,707.4) (7,961.8) (7,727.0) (8,225.1) (7,764.2) (6,235.6) 406.0 433.9 408.4 234.3 872.6 1,155.4 1,029.7 893.3 1,773.4 1,812.6 1,721.8 1,536.3 (4,602.3) (3,770.6) (4,650.4) (4,676.7) (5,702.4) (5,296.8) (6,350.6) (6,253.4) (6,292.8) (6,176.0) (6,122.4) (6,042.6) (6,103.6) (6,207.9) (5,382.1) (6.2) (5,894.4) (5,447.4) (5,339.4) (5,522.9) (5,017.4) (4,991.5) (4,723.6) (4,552.6) (4,361.8) (4,059.6) (3,945.2) (3,982.1) (4,226.2) (4,274.9) (3,994.0) (3,753.9) (3,887.7) (3,673.3) (3,584.6) (3,041.8) (2,749.4) (2,551.2) (1,561.3) (1,289.9) (1,218.3) (1,046.5) (998.8) (941.9) (1,023.3) (941.4) (912.1) (920.5) 0 0 0 (826.6) 0 0 0 (736.5) 0 0 0 0
Total Non-Current Assets 8,409.9 8,047.9 9,294.0 8,971.4 9,029.1 1,405.2 32,162.4 28,963.6 49,337.6 28,478.0 233.9 0 0 5,226.0 0 0 0 19,693.1 0 0 20,260.4 19,550.9 20,545.9 19,950.3 0 0 17,856.8 17,696.5 16,772.4 13,444.6 12,394.8 12,483.3 11,973.0 11,568.1 11,444.8 10,477.7 10,382.5 9,575.2 9,848.2 9,756.4 1,570.4 1,276.9 1,518.2 1,306.0 1,179.1 494.2 7,124.0 7,129.6 6,922.5 7,042.2 7,237.7 7,119.0 7,106.4 7,053.7 7,785.5 7,668.4 7,335.6 7,005.5 931.2 1,199.6 884.9 1,438.2 947.8 1,011.9 75.4 76.7 69.2 70.8 72.5 74.2 71.9 74.2 5,382.1 5,735.9 5,894.4 5,447.4 5,339.4 5,522.9 5,017.4 4,991.5 4,723.6 4,552.6 4,361.8 4,059.6 3,945.2 3,982.1 4,226.2 4,274.9 3,994.0 3,753.9 3,887.7 3,673.3 3,584.6 3,041.8 2,749.4 2,551.2 1,561.3 1,289.9 1,218.3 1,046.5 998.8 941.9 1,023.3 941.4 912.1 920.5 0 0 0 826.6 0 0 0 736.5 0 0 0 0
Total Assets 53,718.3 53,800.4 54,498.1 54,727.5 53,633.4 50,707.6 52,756.4 45,278.9 50,944.3 49,007.1 40,843.1 41,399.9 38,270.3 36,552.9 35,935.8 35,034.4 34,848.1 33,959.5 33,536.3 32,726.8 32,236.1 30,820.6 30,995.8 30,479.8 27,465.5 26,330.1 25,644.2 26,087.0 24,559.6 18,676.2 17,096.4 17,023.4 15,922.2 15,226.1 15,044.9 13,705.7 13,319.6 12,352.1 12,659.5 12,544.8 12,153.9 11,560.9 11,906.7 12,053.2 11,287.2 8,203.5 8,356.9 8,515.6 8,163.7 8,179.1 8,354.0 8,467.4 8,096.9 7,928.6 8,793.5 8,959.5 8,353.6 7,744.9 8,117.4 8,166.3 8,015.1 8,138.3 8,640.4 8,553.1 7,935.7 7,801.0 8,544.7 8,805.4 8,059.9 7,984.1 8,589.2 8,550.3 8,169.9 8,286.4 8,761.3 8,558.4 7,787.1 7,769.0 7,539.6 7,738.6 7,158.3 6,871.3 6,791.6 6,330.2 6,065.3 5,526.3 5,819.0 5,793.0 5,550.4 4,299.2 4,869.2 4,656.0 4,736.5 3,745.7 3,641.2 3,462.3 3,090.7 2,643.7 1,991.3 1,689.7 1,665.7 1,469.0 1,723.4 1,696.0 1,690.8 1,617.2 1,599.6 1,413.8 1,429.3 1,356.2 1,340.3 1,258.4 1,058.2 960.7 1,006.8 989.7 962 983.1
Current Liabilities
Account Payables 2,821.9 2,540.5 2,703.1 3,048.0 2,857.1 2,804.3 3,179.3 3,387.5 3,353.8 3,186.2 3,323.6 3,780.4 3,989.7 3,928.3 4,158.6 4,385.8 4,319.7 3,861.0 3,964.1 4,489.8 4,254.6 3,488.4 3,915.8 4,094.0 3,775.4 2,830.7 2,910.6 3,280.0 3,009.5 1,902.1 1,970.9 2,085.0 1,758.9 989.1 1,034.5 1,052.5 972.3 674.0 774.7 753.7 618.3 524.0 533.2 512.0 495.0 454.6 501.2 558.2 468.6 293.0 359.0 387.4 380.9 290.4 356.1 396.7 285.2 256.9 317.6 505.7 673.9 318.0 364.5 406.9 241.5 384.4 457.9 499.4 289.5 315.4 360.8 247.5 0 275.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 0 0 0 35 75 449.8 499.6 816.6 0 75 0 0 0 30 0 0 0 30 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 6,885.5 6,028.2 6,986.6 7,561.2 6,999.1 0 7,041.1 6,263.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (100) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 16,824.5 9,441.4 8,806.6 (1,427.9) (661.6) (811.6) (4,328.4) (4,379.1) (4,340.2) (4,748.5) (4,903.6) (5,227.6) (1,170.6) (4,682.2) (5,285.0) (5,388.4) (1,132.5) (5,513.7) (5,353.1) (4,411.5) (3,056.0) (3,565.3) (3,834.7) (3,689.1) (2,282.4) (2,526.5) (2,575.6) (2,065.6) (1,197.8) (1,412.0) (1,459.8) (1,576.9) (979.7) (1,212.5) (1,186.6) (1,072.9) (915.4) (1,135.8) (1,023.3) (713.0) (657.6) (785.5) (759.5) (648.2) (486.2) (766.8) (851.3) (778.5) (569.2) (932.2) (916.3) (646.7) (560.1) (550.9) (505.7) (673.9) (513.4) (669.1) (609.5) (378.4) (443.6) (705.4) (967.8) (879.9) (693.5) (905.9) (247.5) (651.5) (698.4) (869.5) (545.8) (370.9) (483.2) (437.7) (477.5) (268.6) (292.3) (341.0) (326.9) (315.9) (188.6) (195.1) (88.7) (95.4) (131.6) (198.4) (173.8) (395.8) (146.7) (164.9) (159.9) (135.9) (116.0) (66.4) (76.4) (97.6) (50.8) (76.0) (89.5) (68.4) (50.2) 0 0 0 (94.1) 0 0 0 (21.8) 0 0 0 0
Total Current Liabilities 10,016.0 9,101.8 9,988.6 11,136.2 10,483.1 20,229.4 20,768.1 20,052.0 3,353.8 3,261.2 3,323.6 0 0 111.8 0 0 0 3,891.0 0 0 4,254.6 3,488.4 3,915.8 4,094.0 0 0 18,309.5 18,791.2 17,814.1 12,640.0 11,219 11,173 10,496 9,845 9,653 7,761 7,513 6,537 6,900 6,887 6,435 5,863 6,240 6,244 5,678 4,088 4,372 4,431 4,152 4,026 4,394 4,649 4,280 4,077 4,596 4,763 4,207 3,786 4,221 4,302 3,966 3,653 4,252 4,377 3,745 3,785 4,374 4,952 4,489 4,501 5,098 4,727 4,333 4,357 4,789 4,648 4,034 3,936 4,229 4,612 4,139 4,014 3,848 3,054 2,975 2,429 2,909 2,539 2,357 1,942 2,342 2,232 2,479 1,829 1,873 1,797 1,614 1,235 990 865 869 718 809 821 831 767 737 681 698 644 591 533 377 312 261 277 272 0
Non-Current Liabilities
Long-Term Debt 2,330.1 2,329.2 2,229.1 2,228.4 2,678.7 1,436.9 1,436.3 1,143.6 1,884.4 1,883.7 1,882.9 1,882.1 1,141.0 1,140.4 1,169.9 1,169.4 1,168.9 1,138.4 1,137.8 1,137.3 1,136.8 1,136.3 1,135.7 1,135.2 1,134.7 1,384.1 1,383.5 1,382.9 1,191.5 991.1 990.7 990.4 990.0 989.6 989.2 988.9 945.7 948.7 951.6 954.6 957.5 960.5 969.2 972.4 826.8 249.5 249.5 249.5 249.5 249.4 249.4 250.4 254.3 349.3 358.6 354.3 352.0 353.6 349.2 349.2 549.2 549.2 549.1 549.1 549.1 300 450 450 450 450 450 450 451.0 452.0 450.5 450 450 553.1 513.1 588.1 603.1 603.1 453.1 453.1 453.1 453.1 453.1 453.1 453.1 453.1 350 350 375 275 275 275 183.5 183.5 183.5 50 50 50 250 250 250 250 250 125 125 100 100 85 50 50 150 50 50 150
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 70.4 0 0 0 56.1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 22,815.0 23,158.6 23,308.9 23,520.2 23,432.9 449.8 7,011.9 7,569.1 (1,884.4) (1,883.7) (1,882.9) (1,882.1) (1,141.0) 153.7 (1,169.9) (1,169.4) (1,168.9) (1,138.4) (1,137.8) (1,137.3) (1,136.8) 0 0 0 (1,134.7) (1,384.1) 0 0 0 0 0.3 (0.4) 0.0 0.4 (0.2) 0.1 0.3 0.3 0.4 (954.6) (957.5) (960.5) (969.2) (972.4) (826.8) (249.5) (249.5) (249.5) (249.5) (249.4) (249.4) (250.4) (254.3) (349.3) (358.6) (354.3) (352.0) (353.6) (349.2) (349.2) (549.2) (549.2) (549.1) (549.1) (549.1) (300) (450) (450) (450) (450) (450) (450) (451.0) (452.0) (450.5) (450) (450) (553.1) (513.1) (588.1) (603.1) (603.1) (453.1) (453.1) (453.1) (453.1) (453.1) (453.1) (453.1) (453.1) (350) (350) (375) (275) (275) (275) (183.5) (183.5) (183.5) (50) (50) (50) (250) (250) (250) (250) (250) (125) (125) (100) (100) (85) (50) (50) (150) (50) (50) (150)
Total Non-Current Liabilities 25,145.0 25,487.8 25,538.0 25,748.5 26,111.6 1,886.7 8,448.2 8,712.6 1,884.4 1,883.7 1,882.9 0 0 1,294.1 0 0 0 1,138.4 0 0 1,136.8 1,136.3 1,135.7 1,135.2 0 0 1,383.5 1,382.9 1,191.5 991.1 991 990 990 990 989 989 946 949 952 955 958 960 969 972 827 250 249 249 249 249 249 250 254 349 359 354 352 354 349 349 549 549 549 549 549 300 450 450 450 450 450 450 451 452 451 450 450 553 513 588 603 603 453 453 453 453 453 453 453 453 350 350 375 275 275 275 184 184 184 50 50 50 250 250 250 250 250 125 125 100 100 85 50 50 150 150 150 150
Total Liabilities 35,161.0 34,589.6 35,526.6 36,884.7 36,594.7 33,155.8 34,652.8 28,764.7 34,853.6 33,451.3 27,592.2 28,320.8 27,047.4 26,692.2 26,879.0 24,942.9 24,767.2 23,781.2 23,328.5 21,852.7 21,748.2 19,872.0 20,217.7 19,745.5 18,550.1 17,287.4 16,913.9 17,461.7 16,896.2 11,579.4 10,675.9 10,669.9 10,060.6 9,538.2 9,608.2 7,508.3 7,270.8 6,309.9 6,687.2 6,719.1 6,312.0 5,782.7 6,187.1 6,227.4 5,536.5 3,206.1 3,529.9 3,655.8 3,414.4 3,174.9 3,693.6 3,998.3 3,654.3 3,453.3 3,999.8 4,211.7 3,758.4 3,478.7 3,933.3 4,019.6 3,975.3 3,441.4 3,925.5 4,777.8 3,485.9 3,960.3 4,824.2 4,701.3 4,287.7 4,182.8 4,848.5 4,382.3 4,025.1 3,993.4 4,477.8 4,384.1 3,804.0 3,838.2 4,129.9 4,644.7 4,210.4 4,154.5 4,001.1 3,125.8 3,078.4 2,534.5 3,051.0 2,594.1 2,421.4 1,534.1 2,190.0 2,094.5 2,386.7 1,655.5 1,715.2 1,661.6 1,404.5 1,056.0 1,086.7 827.7 831.0 680.5 969.8 981.2 991.3 927.3 892.7 711.6 722.9 643.9 591.4 517.9 312.5 248.4 400.4 311.3 406.4 150
Stockholders' Equity
Common Stock 43.0 44.0 46.5 47.4 48.9 50.2 51.9 52.4 52.9 52.7 51.2 51.2 43.9 43.7 43.7 43.9 44.2 44.4 46.5 48.0 50.0 50.8 50.8 50.8 44.0 44.1 44.2 44.2 44.2 42.2 40.3 40.3 40.2 40.0 40.0 40.3 40.8 41.2 41.2 41.5 43.1 43.7 44.1 46.0 46.0 38.4 38.9 40.5 40.9 43.6 44.4 44.4 44.5 45.5 48.2 50.6 51.8 51.5 51.8 51.8 51.7 54.1 54.9 54.9 58.3 61.7 62.4 62.3 62.3 61.5 61.4 62.9 64.9 68.9 70.9 72.3 72.3 72.1 358.7 356.5 352.1 351.3 339.8 337.7 333.8 328.9 324.0 308.9 308.4 314.4 310.1 306.3 301.1 320.9 323.1 322.7 263.2 264.6 36.2 36.7 30.3 23.0 27.8 27.7 19.4 19.7 20.5 0 0 21.6 0 0 0 22.4 0 0 0 0
Retained Earnings 10,733.4 10,827.3 10,114.2 9,225.1 8,417.8 8,276.2 8,494.6 7,341.0 6,866.3 6,522.0 4,965.2 4,790.5 4,618.8 4,071.4 3,639.4 4,480.9 4,822.0 5,232.6 5,037.8 5,504.8 5,065.1 5,373.9 5,201.8 5,171.7 4,613.5 4,710.9 4,691.9 4,670.3 4,317.5 4,058.2 4,155.3 4,135.8 3,957.3 3,913.8 3,930.0 4,447.5 4,289.2 4,207.7 4,151.0 4,016.8 3,893.4 3,778.7 3,699.6 3,637.5 3,578.0 3,423.9 3,293.1 3,391.5 3,317.5 3,456.6 3,261.8 3,119.0 3,112.5 3,043.9 3,226.7 3,229.9 3,179.4 2,991.9 2,925.6 2,889.7 2,878.3 3,312.4 3,239.3 3,048.2 3,052.2 3,087.6 2,904.2 2,660.6 2,328.2 2,245.9 2,313.3 2,625.0 2,605.7 2,606.0 2,559.0 2,441.1 2,273.9 2,099.0 1,913.0 1,677.1 1,561.7 1,397.8 1,622.5 1,923.9 1,766.2 1,736.2 1,545.7 1,916.7 1,813.7 1,656.8 1,507.5 1,404.8 1,235.1 1,094.3 1,002.0 923.5 891.9 814.3 774.1 752.1 719.8 682.7 652.3 623.9 616.2 609.1 620.2 608.2 601.9 586.5 603 589.3 567.6 538.7 512.9 483.1 451.8 385.6
Accumulated Other Comprehensive Income (12.2) (12.6) (13.6) (13.8) (14.8) (14.8) (13.0) (13.4) (13.8) (14.2) (14.5) (14.1) (14.8) (15.5) (16.8) (15.2) (12.8) (10.9) (12.7) (14.1) (12.4) (12.6) (2.1) (3.1) (1.7) (1.9) 5.0 (3.9) (1.5) (1.4) (1.5) (1.1) 0.2 0.2 0.2 (0.1) (0.4) 1.1 2.6 2.3 1.7 2.1 2.3 3.0 3.3 3.4 3.8 3.9 4.0 4.1 4.6 4.9 6.0 13.6 14.1 12.5 13.0 11.8 11.1 18.0 19.8 19.8 23.8 22.2 30.8 41.4 78.3 12.1 69.5 75.4 16.5 35.6 65.4 44.7 29.6 12.9 27.4 25.2 25.5 5.0 2.1 4.8 28.4 61.4 37.7 79.0 87.4 75.2 118.6 113.4 110.1 112.9 96.0 95.2 38.5 17.4 6.0 16.3 25.6 6.3 15.0 6.8 (3.0) (11.8) (13.7) (18.5) 0 0 0 (5.1) 0 0 0 (10.2) 0 0 0 0
Total Stockholders' Equity 11,514.2 11,608.7 11,502.4 10,799.7 10,348.5 10,574.0 11,242.6 10,178.9 9,792.8 9,455.0 7,588.6 7,402.8 5,865.5 5,325.3 4,881.9 5,738.7 6,117.0 6,624.3 6,749.5 7,217.6 7,078.3 7,560.2 7,390.8 7,347.2 5,683.5 5,971.4 5,951.2 5,912.8 5,554.0 5,045.1 4,886.5 4,860.1 4,436.3 4,391.4 4,403.0 4,955.3 4,860.8 4,866.6 4,807.8 4,703.2 4,760.6 4,732.2 4,697.6 4,836.9 4,782.3 3,865.7 3,735.9 3,835.9 3,762.3 3,904.4 3,710.7 3,568.3 3,563.1 3,503.1 3,839.0 3,843.0 3,794.6 3,605.2 3,547.8 3,515.3 3,499.9 3,936.3 3,973.8 3,775.2 3,791.3 3,840.8 3,720.5 3,403.6 3,121.4 3,032.7 3,041.2 3,373.4 3,386.0 3,477.5 3,521.8 3,460.0 3,303.6 3,280.5 2,797.2 2,538.5 2,415.9 2,253.8 2,490.7 2,823.0 2,637.7 2,644.0 2,457.1 2,800.7 2,740.7 2,334.6 2,177.6 2,074.0 1,882.3 1,642.0 1,493.1 1,390.3 1,293.1 1,225.0 816.9 774.3 747.1 700.8 664.0 625.2 609.9 600.3 612.8 608.1 606.4 612.2 648.9 640.5 631.6 598.7 595.7 562.9 540.3 579.7
Total Liabilities & Equity 53,718.3 53,800.4 54,498.1 54,727.5 53,633.4 50,707.6 52,756.4 45,278.9 50,944.3 49,007.1 40,843.1 41,399.9 38,270.3 36,552.9 35,935.8 35,034.4 34,848.1 33,959.5 33,536.3 32,726.8 32,236.1 30,820.6 30,995.8 30,479.8 27,465.5 26,330.1 25,644.2 26,087.0 24,559.6 18,676.2 17,096.4 17,023.4 15,922.2 15,226.1 15,044.9 13,705.7 13,319.6 12,352.1 12,659.5 12,544.8 12,153.9 11,560.9 11,906.7 12,053.2 11,287.2 8,203.5 8,356.9 8,515.6 8,163.7 8,179.1 8,354.0 8,467.4 8,096.9 7,928.6 8,793.5 8,959.5 8,353.6 7,744.9 8,117.4 8,166.3 8,015.1 8,138.3 8,640.4 8,553.1 7,935.7 7,801.0 8,544.7 8,805.4 8,059.9 7,984.1 8,589.2 8,550.3 8,169.9 8,286.4 8,761.3 8,558.4 7,787.1 7,769.0 7,539.6 7,738.6 7,158.3 6,871.3 6,791.6 6,330.2 6,065.3 5,526.3 5,819.0 5,793.0 5,550.4 4,299.2 4,869.2 4,656.0 4,736.5 3,745.7 3,641.2 3,462.3 3,090.7 2,643.7 1,991.3 1,689.7 1,665.7 1,469.0 1,723.4 1,696.0 1,690.8 1,617.2 1,599.6 1,413.8 1,429.3 1,356.2 1,340.3 1,258.4 1,058.2 960.7 1,006.8 989.7 962 983.1
Debt Metrics
Total Debt 2,330.1 2,329.2 2,229.1 2,263.4 2,753.7 1,886.7 1,935.9 1,960.2 1,884.4 1,958.7 1,882.9 1,882.1 1,141.0 1,170.4 1,169.9 1,169.4 1,168.9 1,168.4 1,137.8 1,137.3 1,136.8 1,136.3 1,135.7 1,135.2 1,134.7 1,384.1 1,383.5 1,382.9 1,191.5 991.1 990.7 990.4 990.0 989.6 989.2 988.9 945.7 948.7 951.6 954.6 957.5 966.1 969.2 972.4 826.8 249.5 249.5 249.5 249.5 249.4 249.4 250.4 254.3 351.8 358.6 354.3 352.0 353.6 349.2 349.2 549.2 549.2 549.1 549.1 549.1 300 450 450 450 450 450 450 451.0 452.0 450.5 450 450 553.1 513.1 588.1 603.1 603.1 453.1 453.1 453.1 453.1 453.1 453.1 453.1 453.1 350 350 375 275 275 275 183.5 183.5 183.5 50 50 50 250 250 250 250 250 125 125 100 100 85 50 50 150 50 50 150
Net Debt 767.2 598.0 527.6 834.7 1,120.9 210.1 363.0 333.0 277.7 81.1 687.0 938.2 77.3 (23.9) (34.3) (228.7) (394.2) (690.7) (302.9) (652.5) (149.9) (600.5) (151.6) (50.6) 238.5 5.0 512.2 712.3 170.2 (116.8) 537.7 441.9 342.0 (372.0) 407.7 365.7 491.6 527.5 458.3 499.1 508.4 459.2 444.7 574.3 269.2 (276.1) (51.0) (45.0) (77.7) (158.6) (16.9) (35.2) (81.3) 26.4 109.5 90.1 91.0 136.6 114.2 111.5 296.5 271.4 197.4 264.1 190.3 39.3 102.0 240.1 200.7 175.3 22.8 187.0 115.6 121.7 133.2 183.5 179.4 338.7 267.3 400.8 362.4 429.1 296.2 266.1 291.4 386.4 313.8 379.0 361.9 389.7 266.0 289.9 275.6 187.9 188.5 172.0 (526.2) (682.8) (29.1) (120.0) (96.1) (60.6) 46.9 65.6 57.4 117.9 80 3 (50) (15.7) (20) (3) (150) (72.9) 26 (58) (116) 150
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 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
Operating Activities
Net Income 581.8 1,147.6 1,331.7 1,163.7 (25.3) (19.2) 1,632.7 496.6 618.5 1,988.5 416.5 374.8 840.3 456.9 (1,188.9) (266.7) (397.5) 288.3 (638.9) 577.7 (330.5) 197.1 74.4 701.9 25.2 43.0 107.9 448.9 353.1 (124.0) 48.8 251.9 92.2 2.2 (703.5) 214.3 132.3 91.2 188.1 172.6 178.2 125.9 112.3 91.0 213.1 220.6 103.9 162.4 199.4 328.4 229.7 48.3 235.4 60.0 240.5 184.6 263.8 115.9 63.1 55.4 (324.8) 149.4 252.8 272.7 186.2 271.0 306.9 331.4 143.3 (44.6) (220.4) 146.3 147.7 72.8 144.0 193.7 201.9 210.6 259.8 139.1 187.6 (201.7) (278.5) 180.5 53.0 212.6 (348.6) 124.8 175.5 164.8 118.1 185.1 155.4 105.3 91.3 90.1 90.3 50.6 29.9 40.3 44.9 37.8 35.6 29.7 24.1 26.2 23.9 24.1 30 (10.0) 20.4 28.5 35.7 31.3 35.5 37 35.4
Depreciation & Amortization (24.4) (16.6) (6.7) 5.4 3.7 6.8 225.6 10.0 16.0 (13.7) (47.8) (40.3) (32.9) (25.7) (10.8) 18.9 (9.3) (4.6) (8.5) (9.7) 1.7 18.6 6.6 (4.1) (4.4) (31.7) (10.7) (12.9) (3.6) (30.8) 6.2 11.0 13.7 12.7 7.1 5.1 6.4 11.0 7.3 2.3 8.8 14.3 (8.6) 7.6 4.8 17.5 14.9 7.1 8.3 9.2 15.7 13.7 13.0 14.4 16.5 15.2 13.6 15.3 9.8 6.7 10.5 19.7 13.3 12.7 14.0 7.5 3.4 (0.9) (0.7) (7.5) (0.9) 2.8 (3.4) (9.0) (3.8) (4.2) (2.8) (3.6) (4.7) (3.2) (0.8) 1.4 2.6 2.6 3.0 3.7 3.7 5.5 3.9 3.3 3.2 3.3 3.3 3.6 3.2 10.4 1.9 4.4 (1.2) 0.2 (0.1) 1.6 (0.4) (0.6) (0.3) 0.8 0.7 3.9 4.4 10.8 1.2 1.1 1.4 0.3 0.3 (0.8) 1.3
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 45.2 0 0 0 0 0 0 0 43.7 0 0 0 41.4 0 0 0 35.7 0 0 0 37.2 0 0 0 47.4 0 0 0 38.3 0 0 0 37.6 0 0 0 43.4 0 0 0 38.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (223.9) 43.3 391.3 485.2 368.9 272.4 475.0 335.1 (116.3) (825.4) 150.5 (298.5) (109.9) 730.2 1,212.3 (237.2) (73.8) 144.0 1,076.1 (237.0) 157.0 1,221.6 588.1 138.2 336.6 1,321.7 423.9 164.7 195.3 364.0 512.8 119.9 (223.7) 436.8 1,010.1 (31.2) 107.8 (18.5) 107.6 18.7 (149.9) 65.5 37.1 (34.9) (286.2) 57.0 70.8 (2.8) (139.9) 179.5 18.4 (105.9) (76.2) 140.3 52.2 (60.3) (0.8) (154.3) 43.0 15.7 361.3 (178.6) 42.1 (185.1) 91.8 (77.9) (14.8) (160.7) (39.4) (253.3) 354.3 (133.0) 36.9 (72.3) (305.9) 253.1 75.1 (78.4) (127.6) 70.4 (80.1) 133.3 608.1 305.3 623.2 (1,019.7) 1,245.7 93.2 481.4 184.7 138.4 55.6 128.1 99.4 58.8 383.8 (206.6) 78.6 (4.9) 49.2 63.2 (2.4) 16.2 35.9 48.9 26.7 2.5 28.3 (38.5) 14.0 (7) (25) 34.5 (25.9) 32.9 (21.1) 22.2
Other Non-Cash Items 354.0 (691.4) (133.5) (184.8) (189.6) 518.9 (843.1) 370.7 165.2 (637.0) 253.3 155.0 (261.7) (473.4) 588.8 585.9 648.8 5.2 38.0 (202.4) 378.3 (818.0) (196.3) (454.4) 118.1 (501.6) (40.7) (193.8) (167.6) 124.0 (28.4) 3.7 80.4 (27.6) (33.0) (68.3) (25.4) 16.1 (50.1) (66.7) (46.7) 46.9 50.7 25.6 (50.3) (27.8) 30.5 (40.0) (21.1) (107.2) (55.3) 92.7 (43.7) (33.4) (77.3) (6.9) (105.5) (5.4) 47.6 (40.5) (53.3) 7.8 (100.3) (42.4) (61.4) (63.7) (54.9) (98.4) 36.9 295.0 44.5 83.9 95.6 175.4 450.7 (251.9) (123.6) 124.4 49.4 31.1 39.3 (139.8) (215.1) (316.3) (425.9) 569.7 (669.2) 7.4 (371.4) (294.2) 1.1 (26.2) (3.5) 17.9 9.8 (214.7) 234.0 (13.5) (4.3) 22.4 (33.1) 14.2 10.2 (11.7) 12.0 (7.9) 4.3 (3.9) 4.8 12.9 (9.3) 15 (21.7) 22.2 (16.7) 9.2 (9.9)
Operating Cash Flow 687.6 483.0 1,582.8 1,469.6 157.8 778.9 1,490.1 1,212.3 683.5 512.5 772.5 191.0 435.7 733.2 601.3 100.9 168.2 432.9 466.7 128.6 206.5 663.0 472.8 381.5 475.5 872.8 480.5 406.8 377.1 333.2 539.4 386.5 (37.3) 424.1 280.7 120.0 221.0 99.8 252.8 126.9 (9.7) 252.6 191.5 89.2 (118.6) 267.3 220.0 126.7 46.6 409.9 208.4 48.9 128.5 181.3 231.9 132.7 171.1 (28.6) 163.5 37.3 (6.3) (1.7) 207.9 57.9 230.6 136.9 240.5 71.4 140.1 (10.4) 177.5 100.1 276.8 166.9 284.9 190.7 150.6 253.0 176.9 237.4 146.1 (206.8) 117.1 172.2 253.2 (233.6) 231.5 231.0 289.3 58.7 260.8 217.7 283.2 226.3 163.0 269.6 119.5 120.1 19.5 112.0 74.9 51.1 61.7 53.4 84.7 45.8 31.4 52.4 0.7 27.7 5.3 19.6 49.9 28.0 52 24.3 49
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 826.5 0 (2.2) 0 0 0 (2.6) 0 0 0 0 0 0 0 265.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 60 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Acquisitions (912.8) 0.0 (0.4) (0.2) (0.2) 39.4 (2.6) (146.3) (0.4) (1,871.7) (6.7) (1.3) (9.4) (203.7) (1.8) 3.2 1.4 (2.9) 0.2 0.2 (12.9) 0 136.4 (0.1) 7.3 0 (0.1) (0.7) (266.5) 7.9 0 (3.0) (18.0) 0 0 0 0 0 0 0 0 (10.1) 0 0.1 (678.3) 0 0 0.1 0.9 (1.5) 0 (2.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.7) 0 0 0 (1) 0 (79.4) 2.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (16,658.0) (17,378.2) (18,448.8) (11,983.7) (14,228.1) (12,369.5) (13,903.0) (18,239.3) (14,908.5) (6,217.0) (15,842.7) (16,918.5) (12,620.1) (4,888.9) (8,225.9) (7,436.2) (4,990.9) (3,171.8) (3,840.9) (5,490.9) (4,047.3) 0 (3,690.2) (5,876.2) (4,198.8) 0 (3,559.7) (6,386.3) (4,950.3) (3,637.6) (4,066.1) (3,216.9) (3,005.7) (2,168.3) (2,493.2) (2,444.2) (3,007.1) (1,549.7) (1,764.0) (2,381.3) (2,656.3) (2,488.3) (2,598.7) (3,106.0) (1,490.1) (1,795.7) (1,862.0) (2,212.2) (1,769.3) (2,145.0) (2,265.8) (2,068.1) (2,267.6) (1,650.0) (1,573.3) (2,761.7) (2,551.2) (1,897.0) (1,578.3) (1,171.7) (1,676.7) (2,184.3) (2,404.3) (3,482.6) (3,455.2) (2,678.3) (3,101.7) (3,865.2) (1,720.2) (3,256.6) (2,011.1) (3,833.3) (2,282.4) (2,286.2) (1,098.1) (329.5) (1,092.5) (1,587.3) (1,341.1) (1,816.9) (1,427.7) (3,426.9) (10,503.2) (6,381.4) (7,231.8) (3,980.5) (4,149.8) (4,784.6) (4,750.8) (2,841.0) (3,832.3) (3,982.7) (2,805.5) (1,008.9) (2,873.7) (1,681.3) (1,164.0) (1,052.6) (912.3) (782.9) (885.5) (513.6) (596.0) (473.2) (605.2) (469.5) (680.2) (643.7) (353) (285.9) (140.5) (193.7) (210.4) (422.0) (111.3) (139.2) (238.1)
Sales/Maturities of Investments 17,252.1 17,462.7 17,399.4 11,232.7 13,728.9 12,049.8 12,408.7 17,312.4 14,604.4 7,775.2 15,521.6 14,423.3 11,944.8 3,858.4 7,401.2 6,881.4 4,585.6 3,013.3 3,067.5 6,072.2 3,597.2 0 3,226.5 4,679.1 3,661.3 0 3,298.0 4,930.1 4,600.8 3,154.8 3,423.8 2,502.7 2,319.0 2,240.8 2,240.9 2,510.7 2,978.2 1,359.4 1,613.8 2,455.7 2,757.4 2,314.8 2,753.7 2,726.5 2,232.9 1,809.0 1,781.2 2,114.0 2,069.6 1,774.4 2,101.6 2,009.2 2,487.5 1,930.6 1,514.6 2,671.4 2,361.2 1,950.2 1,427.4 1,273.6 1,929.2 2,338.4 2,349.5 3,540.4 3,412.2 2,713.0 3,023.6 3,780.1 1,755.0 3,095.2 2,098.4 3,885.5 2,324.3 2,404.2 1,018.8 179.3 1,288.4 574.7 1,742.3 1,564.9 1,333.9 3,139.3 10,379.7 6,257.3 7,096.6 4,707.7 4,006.2 4,558.5 4,326.8 2,777.2 3,610.8 3,766.2 2,353.2 880.4 2,707.0 1,484.8 870.0 923.1 809.8 703.3 854.0 578.9 560.4 430.7 601.5 428.1 591.6 561 419.3 277.4 170.7 122.4 243.8 396.0 81.4 86.6 191.5
Other Investing Activities 789.8 0 0 0 0 0 0 (52.3) 0 0 0 0 0 (1,234.1) (826.5) 0 2.2 0 0 0 2.6 (249.9) 0 0 0 (649.9) (261.8) (4.1) (265.0) 2.5 (642.4) (717.2) (704.7) 72.4 (252.4) 66.4 (8.9) (190.3) 0.4 74.4 101.1 (183.6) 155.0 7 (2.5) 13.4 (80.8) 6 301.2 3.2 (1.6) (1.9) 219.9 (8.9) (4.0) (0.3) 0.1 (0.2) 11.6 (0.4) 47.4 (8.3) (66.6) 50.5 18.8 (19.5) 1.2 (0.2) (1.0) 6.5 0 (79.4) 2.8 (184.6) (52.1) (12.0) (5.2) 420.8 (420.8) (12.7) 97.8 114.0 0 0 0 (566.5) 0 0 0 0 0 0 0 (84.2) 0 (23.5) 0 6.4 0 0 0 0 0 0 0 (0.1) 0.1 0 0 58.9 (1.6) (72.6) 0.1 (2.2) 0 0 0
Investing Cash Flow 471.1 84.6 (1,049.8) (751.1) (499.4) (280.3) (1,496.9) (1,125.4) (304.4) (313.5) (327.9) (2,496.6) (684.7) (1,234.1) (826.5) (551.6) (403.9) (161.4) (773.3) 581.5 (463.1) (249.9) (327.3) (1,197.3) (530.3) (649.9) (261.8) (1,460.9) (616.0) (472.3) (642.4) (717.2) (704.7) 72.4 (252.4) 66.4 (28.9) (190.3) (149.8) 74.4 101.1 (183.6) 155.0 (372.4) 62.0 13.4 (80.8) (92.1) 301.2 (308.8) (165.8) (60.8) 219.9 271.7 (62.8) (90.6) (190.0) 52.9 (139.3) 101.5 299.9 145.8 (121.4) 108.4 (24.1) 12.5 (76.9) (85.2) 33.9 (155.8) 87.2 (27.1) 44.6 (66.6) (131.4) (162.3) 190.7 (591.9) (19.6) (252.0) (93.9) (173.6) (123.5) (124.1) (135.2) 160.8 (143.6) (226.1) (424.0) (63.9) (221.5) (216.5) (452.3) (212.7) (166.7) (220.0) (293.9) (123.1) (102.4) (79.6) (31.5) 65.3 (35.6) (42.5) (3.7) (41.4) (88.5) (82.7) 66.3 50.4 28.6 (143.9) 33.5 (28.2) (29.9) (52.6) (46.6)
Financing Activities
Net Debt Issuance 0 99.2 (35.1) (491.3) 866.3 (50) (25) 75 (75) 75 (1.0) 741.6 (30) 0 0 0 0 30 0 0 0 0 0 0 (250) 0 0 196.4 200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 147.8 297.8 0 0 0 0 (1.6) 0.6 (3.9) (97.5) (6.8) 4.9 0 0 0 0 (200) 0 0 0 (0.0) 249.1 (150) 0 0 0 0 0 (1.0) (1.0) 1.4 0.5 0 0 40 (75) 0 0 0 0 0 0 0 0 0 0 0 0 (25) 99.1 0 (8.5) 0 0 (1.1) 0 0 0 (200) 0 0 0 0 125 0 25 0 15 0 0 0 0 0 (100)
Stock Repurchased (352.0) (660.0) (208.3) (373.6) (357.7) (451.6) (106.8) (108.5) (21.3) (0.5) (2.1) (0.1) (18.7) (0.0) (25.3) (44.1) (97.3) (323.0) (223.8) (309.0) (171.6) (2.1) 0 0 (62.6) (0.0) (0.1) (0.1) (7.0) 0 (0.0) (0.0) (7.0) (1.4) (42.7) (65.9) (80.0) (4.6) (44.4) (179.8) (85.2) (62.5) (196.6) (0.3) (0.4) (39.3) (160.8) (51.8) (262.7) (66.5) (18.9) (10.7) (111.3) (205.8) (167.3) (86.5) (3.6) (16.8) 0 0 (174.8) (37.5) 0 (207.7) (203.7) (51.0) 0 0 0 (95.2) (75.8) (119.4) (233.2) (111.9) (77.1) (6.2) (5.0) 0 0 0 0 0 0 0 0 22.4 0.4 (242.3) (303.5) 0 0 0 0 0 0 0 0 (247.5) 0 0 0 (1.5) 0 (12.0) (13.1) (40.1) (12.9) (10.7) (25) 0 0 0 0 0.0 0 (25.4) (28.1)
Dividends Paid (26.5) (26.4) (27.4) (28.0) (28.4) (28.8) (28.8) (29.2) (29.3) (28.7) (28.1) (28.1) (25.6) (24.9) (24.9) (25.0) (25.2) (24.6) (26.6) (24.5) (25.1) (25.0) (25.0) (25.0) (24.4) (24.0) (24.3) (24.2) (23.7) (22.4) (22.9) (18.8) (18.8) (18.3) (18.3) (18.4) (18.6) (18.3) (18.3) (18.5) (18.9) (18.7) (19.0) (19.4) (19.3) (16.7) (16.9) (17.2) (17.5) (17.9) (17.9) (19.8) (18.6) (21.3) (21.8) (22.5) (22.6) (22.1) (22.1) (22.1) (22.1) (23.9) (24.2) (24.5) (25.4) (25.4) (25.5) (25.5) (25.5) (24.7) (24.7) (25.0) (25.7) (25.7) (26.2) (26.5) (27.1) (23.8) (23.8) (23.8) (23.7) (23.0) (22.9) (22.8) (23.0) (22.2) (22.3) (21.9) (18.6) (15.4) (15.5) (15.5) (14.6) (13.0) (12.9) (12.7) (12.7) (10.5) (7.9) (8.0) (7.9) (7.4) (7.3) (7.2) (7.4) (6.9) (7.2) (7.3) (7.5) (6.5) (6.7) (6.7) (6.8) (5.6) (5.6) (5.7) (5.7)
Other Financing Activities (939.8) 64.9 9.7 (24.5) (189.8) 154.4 102.9 (0.1) (518.9) 438.2 (167.6) 119.4 171.9 525.3 68.9 342.0 55.9 463.2 (11.6) 127.4 3.2 60.0 (20.2) 36.6 32.4 311.1 1.1 531.5 (23.8) 568.9 31.5 254.1 45.7 303.2 (13.0) 63.1 (62.2) 42.5 (1.6) 6.5 (50.4) (5.7) (0.3) (6.8) (180.3) (4.6) 37.0 3.8 (147.9) 97.9 2.0 (0.8) (114.2) (143.1) (2.9) 72.7 88.1 (2.8) (2.6) 67.3 (124.0) (102.3) 0 (8.3) (123.1) (9) 0 0 (173.8) 38.5 0 0 (56.5) 48.9 0 (150) (103.1) 291.3 0 (15) 38.2 420.6 (0.7) 0 (8.7) 0 0 0 0 96.8 0 0 0 0 8.5 82.9 30.6 668.3 133.5 (0.6) 0 0 0 0 0 5 0.1 (5.1) 0 (58.9) 0.1 19.3 0 3.5 (99.4) 1.5 98.5
Financing Cash Flow (1,318.3) (522.3) (261.0) (917.5) 290.4 (376.0) (57.8) (62.9) (644.6) 484.5 (197.7) 2,185.5 116.3 500.4 18.6 272.8 (66.5) 145.4 (48.1) (206.1) (193.6) 32.9 (45.3) 1,107.2 (429.6) 287.1 (23.2) 703.7 152.5 795.5 8.6 235.3 26.9 284.9 (74.0) (21.2) (160.8) 24.2 (64.3) (191.9) (154.4) (86.9) (215.9) 121.3 97.8 (60.6) (140.7) (65.2) (428.2) 12.1 (34.2) (35.3) (341.5) (377.0) (187.1) (36.3) 61.9 (41.7) (24.8) (154.8) (320.9) (163.8) (24.2) (240.5) (103.0) (235.4) (25.5) (25.5) (199.3) 13.8 (100.5) (145.4) (316.3) (87.3) (102.7) (32.6) (285.1) 307.4 (98.8) (38.8) 14.5 397.6 (23.6) (22.8) (23.0) 0.3 (22.7) (21.9) 162.5 (15.4) (15.5) (40.5) 181.4 (13.0) (12.9) 70.2 17.9 656.7 125.6 (8.5) (7.9) (208.9) (7.3) (19.3) (20.5) (42.0) 105 (23.1) (7.5) (82.7) (1.4) 12.6 (6.8) (0.6) (6.5) (29.6) (35.3)
Cash Position
Net Change in Cash (168.3) 29.6 272.9 (204.1) (43.8) 103.7 (54.2) 20.4 (270.8) 681.6 251.9 (119.8) (130.6) (9.9) (193.9) (165.0) (296.0) 418.3 (349.0) 503.1 (450.2) 449.4 101.5 289.6 (482.9) 507.8 200.6 (350.6) (86.6) 654.9 (95.4) (99.5) (713.6) 780.0 (41.6) 169.1 32.9 (72.2) 37.8 6.4 (57.7) (17.7) 126.5 (159.5) 32.0 225.0 6.1 (32.7) (80.9) 141.7 (19.2) (50.0) 10.3 76.2 (15.1) 3.2 44.0 (18.1) (2.7) (14.9) (25.1) (74.0) 66.7 (73.7) 98.1 (87.3) 138.1 (39.4) (25.4) (152.5) 164.2 (72.5) 5.2 12.9 50.8 (4.2) 56.2 (31.4) 58.5 (53.3) 66.7 17.1 (30.1) 25.3 95.0 (72.6) 65.2 (17.0) 27.8 (20.6) 23.9 (39.3) 12.3 0.6 (16.5) (606.8) (156.5) 653.7 42.6 24.0 35.5 (92.5) 18.6 (8.2) 60.5 (37.5) 47.8 (228.6) 59.5 (4.6) 32.5 (111.7) 76.6 (0.9) 15.6 (58) (32.8)
Cash at Beginning 1,731.2 1,701.6 1,428.7 1,632.8 1,676.6 1,572.9 1,627.1 1,606.7 1,877.5 1,195.9 943.9 1,063.7 1,194.3 1,204.2 1,398.1 1,563.1 1,859.0 1,440.7 1,789.8 1,286.7 1,736.8 1,287.4 1,185.8 896.2 1,379.1 871.3 670.6 1,021.3 1,107.9 453.0 548.5 648.0 1,361.6 581.6 623.1 454.1 421.2 493.3 455.5 449.1 506.9 524.5 398.1 557.6 525.6 300.5 294.5 327.2 408.0 266.4 285.6 335.6 325.4 249.1 264.2 261.0 217.0 235.1 237.7 252.6 277.7 351.8 285.1 358.8 260.7 348.0 209.9 249.3 274.7 427.2 263.0 335.4 330.2 317.3 266.5 270.6 214.4 245.8 187.3 240.7 174.0 156.9 187.0 161.7 66.7 139.3 74.1 91.1 63.4 84.0 60.1 99.4 87.1 86.5 103.0 709.7 866.3 212.6 170.0 146.1 110.6 203.1 184.4 192.6 132.1 169.6 121.8 175.2 115.7 0 0 0 122.9 0 108.2 166.2 199
Cash at End 1,562.9 1,731.2 1,701.6 1,428.7 1,632.8 1,676.6 1,572.9 1,627.1 1,606.7 1,877.5 1,195.9 943.9 1,063.7 1,194.3 1,204.2 1,398.1 1,563.1 1,859.0 1,440.7 1,789.8 1,286.7 1,736.8 1,287.4 1,185.8 896.2 1,379.1 871.3 670.6 1,021.3 1,107.9 453.0 548.5 648.0 1,361.6 581.6 623.1 454.1 421.2 493.3 455.5 449.1 506.9 524.5 398.1 557.6 525.6 300.5 294.5 327.2 408.0 266.4 285.6 335.6 325.4 249.1 264.2 261.0 217.0 235.1 237.7 252.6 277.7 351.8 285.1 358.8 260.7 348.0 209.9 249.3 274.7 427.2 263.0 335.4 330.2 317.3 266.5 270.6 214.4 245.8 187.3 240.7 174.0 156.9 187.0 161.7 66.7 139.3 74.1 91.1 63.4 84.0 60.1 99.4 87.1 86.5 103.0 709.7 866.3 212.6 170.0 146.1 110.6 203.1 184.4 192.6 132.1 169.6 (53.4) 175.2 (4.6) 32.5 (111.7) 199.5 (0.9) 123.8 108.2 166.2
Free Cash Flow 687.6 483.0 1,582.8 1,469.6 157.8 778.9 1,490.1 1,212.3 683.5 512.5 772.5 191.0 435.7 733.2 1,427.8 100.9 166.0 432.9 466.7 128.6 203.9 663.0 472.8 381.5 475.5 872.8 480.5 406.8 642.1 333.2 539.4 386.5 (37.3) 424.1 280.7 120.0 221.0 99.8 252.8 126.9 (9.7) 252.6 191.5 89.2 (118.6) 267.3 220.0 126.7 46.6 469.9 208.4 48.9 128.5 181.3 231.9 132.7 171.1 (28.6) 163.5 37.3 (6.3) (1.7) 207.9 57.9 230.6 136.9 240.5 71.4 140.1 (10.4) 177.5 100.1 274.1 166.9 284.9 190.7 150.6 253.0 176.9 237.4 146.1 (206.8) 117.1 172.2 253.2 (233.6) 231.5 231.0 289.3 58.7 260.8 217.7 283.2 226.3 163.0 269.6 119.5 120.1 19.5 112.0 74.9 51.1 61.7 53.4 84.7 45.8 31.4 52.4 0.7 27.7 5.3 19.6 49.9 28.0 52 24.3 49
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 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 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 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2
Income Statement
Revenue 2,174.4 2,924.2 3,185.6 3,186.3 3,452.7 2,278.8 3,968.1 2,815.9 2,585.3 3,224.9 1,825.1 1,845.5 2,195.6 2,022.0 1,284.8 859.6 882.8 1,390.0 1,539.4 1,468.6 867.5 1,397.2 1,326.8 1,539.4 891.7 1,099.4 1,045.3 1,231.6 802.5 543.9 622.1 473.4 417.1 489.1 632.9 500.0 473.6 349.0 454.1 477.3 446.5 374.1 352.5 391.4 376.6 314.0 256.7 323.9 339.4 398.9 384.3 246.5 327.6 341.8 386.2 303.7 351.1 208.5 213.2 280.9 387.7 (66.5) 382.0 306.4 349.2 396.7 438.6 508.8 323.8 150.0 315.5 395.7 369.9 283.5 424.8 468.8 488.4 468.6 461.6 487.3 423.2 481.6 422.8 404.2 347.3 431.5 406.7 356.9 385.4 351.8 315.0 374.2 325.5 270.5 234.1 225.9 180.0 123.4 103.7 100.8 113.0 104.9 99.4 79.7 65.7 68.2 64.8 67.6 69.7 75.7 66.8 57 60.9 57.9 66.3 63.9 66.5 75.6 70.2 17.6 17.8 17.8 17.8
Gross Profit 1,190.5 1,973.1 1,647.1 1,501.5 61.5 116.9 1,904.1 862.0 788.3 1,650.9 537.8 491.8 962.1 785.8 (1,100.8) (207.9) (335.4) 365.0 (586.7) 662.9 (266.8) 257.6 169.6 795.5 110.1 128.7 188.6 550.7 451.5 (54.2) 101.8 308.2 147.7 86.4 (665.5) 269.2 197.2 151.0 260.9 240.5 254.3 216.7 174.4 160.4 256.4 286.2 149.5 209.1 246.8 388.8 285.6 110.7 275.4 115.5 288.5 228.5 311.4 179.9 109.3 115.8 (273.2) 96.1 277.9 301.6 225.4 342.5 355.8 389.5 193.0 61.9 (274.0) 227.9 241.4 152.8 229.4 270.5 278.7 298.0 355.2 205.4 255.3 (255.4) (305.9) 249.9 94.1 256.2 (404.3) 172.2 215.2 208.8 161.9 233.4 200.6 147.3 127.4 132.4 118.3 84.0 45.2 57.9 58.5 56.2 58.4 47.2 40.8 63.0 57.3 61.6 62.9 68.6 59.3 51.6 54.5 51.7 59.6 58 60.1 68.9 70.2 17.6 17.8 17.8 17.8
Operating Income 548.8 1,263.7 1,480.6 1,340.6 (70.8) (83.1) 1,734.7 707.8 633.8 1,434.3 425.8 380.7 869.2 698.7 (1,186.1) (297.3) (434.2) 306.9 (662.5) 591.5 (350.0) 181.7 66.1 731.7 16.3 36.9 111.6 458.3 360.7 (132.8) 50.3 256.4 88.8 43.4 (722.5) 218.3 132.6 83.5 186.7 179.2 180.9 134.3 107.7 89.2 165.2 221.0 104.1 162.2 199.5 329.8 239.7 45.9 225.7 59.3 240.8 184.1 264.0 122.2 62.6 63.7 (323.3) 83.8 229.2 252.9 171.8 276.3 310.9 332.1 142.5 (45.0) (312.8) 181.3 195.7 53.5 144.1 194.4 202.0 (338.1) 260.4 139.2 187.8 (313.9) (636.1) 210.8 57.4 171.2 (425.6) 144.3 192.0 244.3 118.2 185.1 155.3 104.8 91.3 99.0 90.9 63.7 29.9 40.6 45.8 37.4 40.6 29.3 24.5 (73.2) 54.6 59.9 61.5 (108.3) 57.9 50.8 53.7 (35.1) 58.8 57.2 58.2 67.4 0 0 0 0 0
Net Income 293.4 760.5 916.5 835.4 170.0 (189.7) 1,182.5 503.9 373.6 1,585.5 202.8 199.9 572.9 456.9 (816.5) (316.1) (385.6) 219.8 (440.4) 464.1 (283.6) 197.1 55.1 583.1 (72.9) 43.0 45.9 377.0 282.9 (74.7) 42.4 197.4 62.3 2.1 (499.2) 176.7 97.9 75.0 152.4 141.9 133.6 97.8 81.1 78.8 173.4 176.4 73.4 126.3 156.6 274.3 185.3 34.3 196.7 50.3 189.4 151.0 210.2 90.5 58.0 33.5 (239.3) 133.0 215.3 220.8 175.6 222.3 269.2 281.8 107.9 (44.6) (220.4) 146.3 147.7 72.8 144.0 193.7 201.9 210.6 259.8 139.1 187.6 (201.7) (278.5) 180.5 53.0 212.6 (339.7) 129.8 174.0 164.8 118.1 185.1 155.4 105.3 91.3 99.2 90.3 50.6 29.9 40.3 44.9 37.8 35.6 29.7 24.1 26.2 24 24 30 (10.0) 20.4 28.5 35.7 31.3 35.4 37 35.4 36.5 39.3 9.8 9.8 9.8 9.8
EPS (Diluted) 6.57 16.75 19.40 17.20 3.27 -3.89 22.62 9.41 6.94 30.42 3.80 8.15 19.54 16.16 -27.75 -7.53 -9.17 4.65 -9.53 9.35 -5.72 3.74 0.94 12.63 -1.68 0.77 0.83 8.35 6.43 -1.86 0.82 4.78 1.42 0.05 -12.61 4.24 2.25 1.69 3.56 3.22 2.95 2.09 1.66 1.59 4.14 4.42 1.70 2.95 3.56 6.05 4.01 0.60 4.23 1.16 3.62 2.75 3.88 1.80 0.95 0.66 -4.65 1.68 3.70 3.66 2.73 3.81 4.12 4.32 1.57 -0.74 -3.57 2.13 2.05 1.11 1.85 2.53 2.63 -4.76 3.48 1.81 2.49 -2.84 -3.95 2.39 0.62 3.02 -4.97 1.69 2.36 3.51 1.59 2.54 2.14 1.54 1.26 1.37 1.25 0.76 0.49 0.67 0.74 0.66 0.61 0.52 0.41 1.80 0.39 0.39 0.47 -0.16 0.30 0.42 0.52 -0.13 0.52 0.53 0.51 0.47 0.50 0.13 0.13 0.13 0.13
Balance Sheet
Cash & Equivalents 1,562.9 1,731.2 1,701.6 1,428.7 1,632.8 1,676.6 1,572.9 1,627.1 1,606.7 1,877.5 1,195.9 943.9 1,063.7 1,194.3 1,204.2 1,398.1 1,563.1 1,859.0 1,440.7 1,789.8 1,286.7 1,736.8 1,287.4 1,185.8 896.2 1,379.1 871.3 670.6 1,021.3 1,107.9 453.0 548.5 648.0 1,361.6 581.6 623.1 454.1 421.2 493.3 455.5 449.1 506.9 524.5 398.1 557.6 525.6 300.5 294.5 327.2 408.0 266.4 285.6 335.6 325.4 249.1 264.2 261.0 217.0 235.1 237.7 252.6 277.7 351.8 285.1 358.8 260.7 348.0 209.9 249.3 274.7 427.2 263.0 335.4 330.2 317.3 266.5 270.6 214.4 245.8 187.3 240.7 174.0 156.9 187.0 161.7 66.7 139.3 74.1 91.1 63.4 84.0 60.1 99.4 87.1 86.5 103.0 709.7 866.3 212.6 170.0 146.1 110.6 203.1 184.4 192.6 132.1 170 122 175 115.7 120 88 200 122.9 124 108 166 0
Total Assets 53,718.3 53,800.4 54,498.1 54,727.5 53,633.4 50,707.6 52,756.4 45,278.9 50,944.3 49,007.1 40,843.1 41,399.9 38,270.3 36,552.9 35,935.8 35,034.4 34,848.1 33,959.5 33,536.3 32,726.8 32,236.1 30,820.6 30,995.8 30,479.8 27,465.5 26,330.1 25,644.2 26,087.0 24,559.6 18,676.2 17,096.4 17,023.4 15,922.2 15,226.1 15,044.9 13,705.7 13,319.6 12,352.1 12,659.5 12,544.8 12,153.9 11,560.9 11,906.7 12,053.2 11,287.2 8,203.5 8,356.9 8,515.6 8,163.7 8,179.1 8,354.0 8,467.4 8,096.9 7,928.6 8,793.5 8,959.5 8,353.6 7,744.9 8,117.4 8,166.3 8,015.1 8,138.3 8,640.4 8,553.1 7,935.7 7,801.0 8,544.7 8,805.4 8,059.9 7,984.1 8,589.2 8,550.3 8,169.9 8,286.4 8,761.3 8,558.4 7,787.1 7,769.0 7,539.6 7,738.6 7,158.3 6,871.3 6,791.6 6,330.2 6,065.3 5,526.3 5,819.0 5,793.0 5,550.4 4,299.2 4,869.2 4,656.0 4,736.5 3,745.7 3,641.2 3,462.3 3,090.7 2,643.7 1,991.3 1,689.7 1,665.7 1,469.0 1,723.4 1,696.0 1,690.8 1,617.2 1,599.6 1,413.8 1,429.3 1,356.2 1,340.3 1,258.4 1,058.2 960.7 1,006.8 989.7 962 983.1
Total Debt 2,330.1 2,329.2 2,229.1 2,263.4 2,753.7 1,886.7 1,935.9 1,960.2 1,884.4 1,958.7 1,882.9 1,882.1 1,141.0 1,170.4 1,169.9 1,169.4 1,168.9 1,168.4 1,137.8 1,137.3 1,136.8 1,136.3 1,135.7 1,135.2 1,134.7 1,384.1 1,383.5 1,382.9 1,191.5 991.1 990.7 990.4 990.0 989.6 989.2 988.9 945.7 948.7 951.6 954.6 957.5 966.1 969.2 972.4 826.8 249.5 249.5 249.5 249.5 249.4 249.4 250.4 254.3 351.8 358.6 354.3 352.0 353.6 349.2 349.2 549.2 549.2 549.1 549.1 549.1 300 450 450 450 450 450 450 451.0 452.0 450.5 450 450 553.1 513.1 588.1 603.1 603.1 453.1 453.1 453.1 453.1 453.1 453.1 453.1 453.1 350 350 375 275 275 275 183.5 183.5 183.5 50 50 50 250 250 250 250 250 125 125 100 100 85 50 50 150 50 50 150
Stockholders' Equity 11,514.2 11,608.7 11,502.4 10,799.7 10,348.5 10,574.0 11,242.6 10,178.9 9,792.8 9,455.0 7,588.6 7,402.8 5,865.5 5,325.3 4,881.9 5,738.7 6,117.0 6,624.3 6,749.5 7,217.6 7,078.3 7,560.2 7,390.8 7,347.2 5,683.5 5,971.4 5,951.2 5,912.8 5,554.0 5,045.1 4,886.5 4,860.1 4,436.3 4,391.4 4,403.0 4,955.3 4,860.8 4,866.6 4,807.8 4,703.2 4,760.6 4,732.2 4,697.6 4,836.9 4,782.3 3,865.7 3,735.9 3,835.9 3,762.3 3,904.4 3,710.7 3,568.3 3,563.1 3,503.1 3,839.0 3,843.0 3,794.6 3,605.2 3,547.8 3,515.3 3,499.9 3,936.3 3,973.8 3,775.2 3,791.3 3,840.8 3,720.5 3,403.6 3,121.4 3,032.7 3,041.2 3,373.4 3,386.0 3,477.5 3,521.8 3,460.0 3,303.6 3,280.5 2,797.2 2,538.5 2,415.9 2,253.8 2,490.7 2,823.0 2,637.7 2,644.0 2,457.1 2,800.7 2,740.7 2,334.6 2,177.6 2,074.0 1,882.3 1,642.0 1,493.1 1,390.3 1,293.1 1,225.0 816.9 774.3 747.1 700.8 664.0 625.2 609.9 600.3 612.8 608.1 606.4 612.2 648.9 640.5 631.6 598.7 595.7 562.9 540.3 579.7
Cash Flow
Operating Cash Flow 687.6 483.0 1,582.8 1,469.6 157.8 778.9 1,490.1 1,212.3 683.5 512.5 772.5 191.0 435.7 733.2 601.3 100.9 168.2 432.9 466.7 128.6 206.5 663.0 472.8 381.5 475.5 872.8 480.5 406.8 377.1 333.2 539.4 386.5 (37.3) 424.1 280.7 120.0 221.0 99.8 252.8 126.9 (9.7) 252.6 191.5 89.2 (118.6) 267.3 220.0 126.7 46.6 409.9 208.4 48.9 128.5 181.3 231.9 132.7 171.1 (28.6) 163.5 37.3 (6.3) (1.7) 207.9 57.9 230.6 136.9 240.5 71.4 140.1 (10.4) 177.5 100.1 276.8 166.9 284.9 190.7 150.6 253.0 176.9 237.4 146.1 (206.8) 117.1 172.2 253.2 (233.6) 231.5 231.0 289.3 58.7 260.8 217.7 283.2 226.3 163.0 269.6 119.5 120.1 19.5 112.0 74.9 51.1 61.7 53.4 84.7 45.8 31.4 52.4 0.7 27.7 5.3 19.6 49.9 28.0 52 24.3 49
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 826.5 0 (2.2) 0 0 0 (2.6) 0 0 0 0 0 0 0 265.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 60 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 687.6 483.0 1,582.8 1,469.6 157.8 778.9 1,490.1 1,212.3 683.5 512.5 772.5 191.0 435.7 733.2 1,427.8 100.9 166.0 432.9 466.7 128.6 203.9 663.0 472.8 381.5 475.5 872.8 480.5 406.8 642.1 333.2 539.4 386.5 (37.3) 424.1 280.7 120.0 221.0 99.8 252.8 126.9 (9.7) 252.6 191.5 89.2 (118.6) 267.3 220.0 126.7 46.6 469.9 208.4 48.9 128.5 181.3 231.9 132.7 171.1 (28.6) 163.5 37.3 (6.3) (1.7) 207.9 57.9 230.6 136.9 240.5 71.4 140.1 (10.4) 177.5 100.1 274.1 166.9 284.9 190.7 150.6 253.0 176.9 237.4 146.1 (206.8) 117.1 172.2 253.2 (233.6) 231.5 231.0 289.3 58.7 260.8 217.7 283.2 226.3 163.0 269.6 119.5 120.1 19.5 112.0 74.9 51.1 61.7 53.4 84.7 45.8 31.4 52.4 0.7 27.7 5.3 19.6 49.9 28.0 52 24.3 49