SBA Communications Corporation logo SBAC - SBA Communications Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 28
HOLD 13
SELL 0
STRONG
SELL
0
| PRICE TARGET: $223.71 DETAILS
HIGH: $271.00
LOW: $205.00
MEDIAN: $210.00
CONSENSUS: $223.71
UPSIDE: 22.59%
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 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
Revenue
Revenue 715.3 703.4 719.6 732.3 699.0 664.2 693.7 667.6 660.5 657.9 675.0 682.5 678.5 675.5 686.1 675.6 652.0 619.8 595.1 589.3 575.5 548.7 535.9 522.9 507.2 517.1 513.7 507.5 500.1 493.3 483.8 467.2 456.3 458.3 443.1 433.9 427.3 423.4 416.5 411.3 405.5 399.8 406.9 410.7 410.7 410.1 404.7 393.3 383.4 345.6 335.4 332.1 324.3 313.1 293.8 238.6 229.1 192.5 183.8 175.5 171.1 167.7 165.5 158.6 154.5 148.0 145.0 139.3 136.2 135.1 134.4 118.7 112.0 109.9 108.9 103.2 100.3 95.8 96.8 98.2 87.4 68.8 72.4 66.0 63.2 58.3 65.5 58.7 56.3 57.3 57.6 52.4 50.4 58.2 64.1 67.0 69.6 63.9 69.2 63.0 57.8 53.0 53.6 45.4 38.5 30.4 29.3 24.6 19.4 13.7 17.3 13.3
Cost of Revenue 176.0 171.3 499.4 189.8 178.0 161.0 158.7 155.7 147.8 145.4 149.3 155.4 159.2 170.4 180.2 184.4 172.8 158.0 149.9 145.8 142.6 134.8 132.0 125.6 116.1 119.3 126.8 128.2 127.0 126.3 124.1 119.7 117.5 118.4 120.0 113.1 111.7 113.9 110.4 108.4 109.4 105.8 113.8 112.1 117.9 112.4 109.1 111.8 109.7 105.7 108.4 106.9 105.7 106.5 108.0 77.4 66.2 52.2 50.3 51.8 50.1 50.7 51.8 50.6 50.0 47.1 46.8 45.3 43.9 44.5 46.6 42.0 39.4 40.2 43.0 43.7 39.2 37.5 40.0 42.2 40.2 34.3 39.0 35.0 34.7 31.3 41.6 30.7 29.8 32.9 33.1 29.8 27.5 31.7 36.7 39.2 40.3 35.9 41.1 37.1 34.3 32.1 61.0 28.8 18.8 13.4 19.7 16.9 12.8 9 12.7 10
Gross Profit 539.3 532.1 220.2 542.5 521.0 503.2 535.0 511.9 512.6 512.5 525.7 527.2 519.3 505.2 505.9 491.2 479.2 461.7 445.2 443.6 433.0 414.0 403.9 397.3 391.1 397.8 386.8 379.3 373.2 367.0 359.8 347.5 338.8 339.9 323.0 320.9 315.6 309.4 306.1 302.9 296.1 294.0 293.1 298.6 292.8 297.6 295.7 281.5 273.8 239.8 227.0 225.2 218.6 206.6 185.9 161.2 162.9 140.3 133.6 123.7 120.9 117.0 113.7 108.0 104.6 100.9 98.1 94.0 92.3 90.5 87.9 76.6 72.6 69.7 65.9 59.5 61.0 58.3 56.8 56.0 47.2 34.5 33.4 31.0 28.6 27.0 24.0 28.0 26.5 24.4 24.5 22.6 22.9 26.6 27.4 27.8 29.3 28.0 28.1 25.9 23.4 20.8 (7.4) 16.6 19.7 17.1 9.6 7.7 6.6 4.7 4.6 3.3
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
SG&A Expenses 77.5 70.5 74.4 66.3 70.9 66.1 68.8 59.3 62.3 68.5 67.5 64.5 63.2 71.9 70.3 65.5 63.0 60.9 63.3 50.8 53.7 51.4 47.2 47.9 48.9 49.4 43.6 42.1 55.3 50.8 35.4 34.7 35.8 35.9 31.2 32.1 32.9 33.6 16.3 31.7 47.3 30.0 28.5 27.4 27.9 29.4 26.2 26.2 25.1 24.3 21.6 21.6 21.3 20.2 19.1 17.7 17.7 17.2 15.8 15.4 15.7 15.9 15.0 14.4 14.3 14.5 14.3 13.2 13.2 12.1 13.3 12.5 12.5 10.5 11.9 11.3 11.6 10.8 10.8 11.0 11.5 8.7 7.1 6.7 7.1 7.2 14.3 7.4 7.1 7.3 7.9 7.9 7.2 8.5 8.2 9.0 9.0 9.4 9.9 10.0 10.8 10.6 8.3 7.0 6.3 6.0 5.6 4.8 4.9 4.1 8.2 5.6
Other Expenses 28.5 118.7 (162.0) 102.0 115.4 102.2 83.9 77.0 95.9 120.6 248.5 214.0 214.9 209.1 200.9 182.7 185.2 184.1 184.6 181.0 179.5 189.0 191.6 189.0 185.2 197.2 189.3 183.4 181.4 177.0 174.0 174.8 177.2 174.1 172.7 171.8 168.1 168.0 182.4 163.0 174.8 166.4 182.5 228.1 166.8 179.1 172.8 165.8 165.4 148.4 146.0 139.7 0 0 0 0 176.7 135.0 524.7 132.6 128.1 128.0 380.7 123.6 120.2 116.6 447.8 111.1 109.4 108.6 380.5 94.7 88.6 87.6 227.6 86.6 80.9 77.8 289.3 80.8 73.1 55.3 227.6 56.7 56.4 21.9 97.8 20.7 22.2 20.9 103.8 0 3.9 0 179.9 0 5.0 0 104.9 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 106.0 189.3 (87.6) 168.4 186.2 168.3 152.7 136.3 158.2 189.1 316.0 278.6 278.1 281.0 271.2 248.2 248.2 245.0 247.9 231.8 233.2 240.4 238.8 237.0 234.0 246.6 232.9 225.5 236.7 227.8 209.4 209.5 212.9 210.0 204.0 203.9 201.1 201.6 198.6 194.7 222.1 196.4 211.0 255.6 194.6 208.6 199.1 192.0 190.4 172.7 167.6 161.3 174.2 149.8 156.4 142.5 111.7 99.7 95.2 93.6 92.4 90.8 87.7 84.1 83.1 82.0 80.0 78.2 77.4 75.7 75.4 65.2 61.8 57.8 56.2 54.2 53.2 51.1 50.7 49.7 44.4 39.4 29.6 28.4 28.8 29.1 41.3 28.0 29.2 28.1 35.0 29.0 38.2 34.5 34.0 35.4 33.2 35.4 12.5 54.6 29.1 25.6 (0.4) 23.1 20.6 19.0 33.2 9.1 8.4 12.4 8.2 5.6
Operating Income
Operating Income 433.2 342.8 307.8 374.2 334.8 334.9 382.3 375.6 354.5 323.4 209.7 248.6 241.2 224.1 234.7 243.0 231.0 216.8 197.4 211.8 199.8 173.6 165.1 160.3 157.1 151.2 153.9 153.8 136.5 139.3 150.3 138.0 125.9 130.0 119.1 117.0 114.6 107.8 107.4 108.2 74.1 97.6 82.1 43.1 98.2 89.1 96.6 89.5 83.3 67.1 59.4 63.9 56.0 60.5 34.9 42.6 34.7 40.3 32.0 27.6 27.2 23.9 16.7 20.7 20.0 16.9 12.1 15.0 13.6 14.3 11.5 11.4 10.8 11.8 9.7 5.3 7.8 7.2 6.1 6.3 2.8 (4.8) 3.9 2.6 (0.2) (2.1) (17.4) (0.0) (2.8) (3.8) (10.5) (7.6) (15.8) (8.9) (7.7) (8.8) (24.9) (61.5) (8.8) (28.6) (5.7) (4.8) (7.1) (6.5) (0.9) (2.0) (23.6) (1.4) (1.8) (7.7) (3.6) (2.3)
Interest Expense 127.8 134.6 124.0 120.2 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 84.1 84.3 84.4 82.3 79.2 77.9 77.2 86.4 79.8 76.3 73.4 72.6 75.3 76.8 77.3 68.5 61.3 59.2 58.8 58.4 54.1 53.2 52.9 52.7 52.5 52.0 52.0 50.5 42.6 35.7 0 36.6 33.2 28.4 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 (5.2) (3.4)
Interest Income 5.6 5.2 7.2 5.5 8.2 10.8 20.6 7.0 7.0 7.3 5.5 5.3 4.7 2.8 3.3 2.9 1.5 2.5 1.3 0.9 0.5 0.6 0.6 0.8 0.7 0.9 0.8 1.3 1.6 1.8 1.8 2.0 1.7 1.3 2.7 2.5 2.9 3.2 3.2 3.1 2.7 1.9 1.6 1.3 0.7 0.3 0.2 0.2 0.2 0.1 0.2 0.3 0.7 0.6 0.7 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.2 0.1 0.2 0.3 0.3 0.3 0 1.8 1.6 2.1 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
Profitability
EBITDA 441.6 451.9 636.6 486.1 448.7 433.0 462.5 448.7 444.6 438.8 453.7 458.6 448.3 430.8 435.3 425.0 416.0 399.5 381.0 392.1 378.7 361.9 356.3 349.0 341.9 347.5 340.6 336.8 317.3 315.8 323.7 312.2 302.3 303.2 291.7 287.5 280.8 273.8 289.1 269.6 247.3 261.6 268.5 269.4 263.4 266.0 269.1 254.9 248.3 215.1 205.3 203.4 197.1 186.1 166.2 143.6 145.2 123.1 109.4 108.3 105.3 101.2 87.2 88.5 90.4 86.5 74.1 65.2 77.7 81.7 78.8 68.3 65.5 64.0 56.3 50.4 51.7 49.3 48.8 50.0 40.5 21.7 32.1 31.0 29.4 27.7 19.1 31.2 23.2 23.0 12.5 16.0 6.6 23.7 29.2 27.3 15.9 10.3 (75.2) 23.5 20.0 17.1 (15.7) 9.6 13.4 11.1 4 2.9 1.7 0.6 (10.9) (7.8)
EBIT 360.2 370.6 556.2 409.2 378.7 367.9 397.4 385.2 380.4 362.0 282.3 277.9 266.4 248.4 252.3 251.2 239.6 225.2 211.1 221.2 203.2 178.1 175.9 168.7 163.2 164.9 161.1 161.8 145.7 144.7 154.2 144.5 132.8 137.8 129.0 125.6 121.3 114.8 130.6 109.5 87.5 101.8 107.0 105.1 101.1 94.1 106.8 95.5 87.3 70.7 72.0 70.1 56.0 60.5 34.9 42.6 8.9 37.9 30.0 25.4 24.9 19.5 14.5 18.8 (31.4) 14.7 8.4 0.3 13.4 18.0 24.9 9.4 7.2 9.2 9.7 5.3 7.8 7.2 6.1 6.3 2.8 (4.8) 3.9 2.6 (0.2) (2.0) (17.3) (3.4) (2.7) (7.2) (10.4) (6.4) (15.4) (8.0) (6.6) (7.5) (16.6) (23.8) 15.6 (4.2) (5.7) (4.8) (7.1) (6.5) (0.9) (2.0) (23.6) (1.4) (1.8) (7.7) (14) (9.1)
Income Before Tax 232.5 236.0 432.3 289.1 260.8 259.9 155.9 298.2 147.1 171.5 138.4 93.2 172.8 144.1 128.8 102.6 65.6 228.8 48.4 37.0 199.9 (32.7) 140.5 13.2 23.0 (194.5) 84.3 18.8 47.6 36.2 73.0 14.2 (75.6) 40.1 10.7 52.5 12.6 41.0 10.5 (13.8) 34.7 55.8 33.0 (154.0) 30.5 (76.1) 4.3 (15.6) (7.4) 3.1 (21.9) 21.7 (34.0) (23.0) (50.7) (52.6) (52.4) (21.3) (28.8) (33.0) (29.2) (33.7) (38.4) (33.9) (83.9) (37.3) (43.6) (50.2) (29.2) (17.6) 3.0 (16.0) (18.2) (14.6) (28.7) (17.0) (15.0) (16.3) (24.3) (24.1) 75.4 (8.8) (31.1) (14.1) (26.0) (21.3) (51.9) (21.2) (22.5) (47.7) (52.7) (32.2) (45.0) (32.7) (31.6) (31.1) (46.8) (82.7) (29.3) (48.7) (22.8) (17.6) (5.1) (5.6) (7.6) (9.5) (9.4) (7.8) (8.9) (8) (8.8) (5.7)
Income Tax Expense (36.0) 51.1 61.9 48.7 35.1 42.0 (22.9) 42.3 (12.3) 16.9 28.9 7.9 (29.2) 43.5 26.2 2.9 (3.6) 40.5 (0.6) (10.8) 47.2 (20.9) 34.3 (9.4) (0.2) (66.5) 16.8 (3.0) 15.6 10.2 15.9 (2.0) (18.2) 8.6 3.1 3.4 3.4 3.4 5.3 1.6 2.0 2.2 1.9 1.9 2.2 3.0 3.9 1.0 2.0 1.7 (2.8) 0.2 1.9 (0.6) 1.8 1.0 2.5 1.3 0.3 0.4 0.7 0.7 0.2 0.7 (0.0) 0.1 0.0 0.0 0.2 0.2 0.3 0.4 0.2 0.1 0.1 0.5 0.1 0.1 (0.0) 0.2 0.2 0.4 1.2 0.4 0.3 0.2 (0.1) 0.3 0.3 0.3 0.5 0.4 0.4 0.5 (1.3) 0.6 (0.5) 0.6 0.4 0.4 0.5 0.4 0.3 0.3 0.4 0.2 0.1 0.2 (0.2) (0.8) (1.5) (0.6)
Net Income 198.8 184.8 370.3 236.8 225.8 220.7 173.6 258.5 162.8 154.5 109.5 87.4 203.6 101.2 103.3 100.0 69.5 188.6 48.9 47.8 152.7 (11.7) 105.8 22.6 22.8 (127.1) 67.4 21.7 32.0 26.0 57.2 16.1 (57.4) 31.5 7.7 49.2 9.2 37.6 5.3 (15.4) 32.7 53.6 31.0 (155.9) 28.3 (79.0) 0.4 (16.6) (9.5) 1.4 (19.2) 21.5 (35.9) (22.4) (52.4) (53.4) (53.5) (22.6) (29.1) (33.3) (29.8) (34.3) (39.2) (34.5) (83.7) (37.3) (43.5) (50.1) (29.4) (17.9) 2.7 (16.4) (18.4) (14.6) (28.9) (17.5) (15.1) (16.4) (24.3) (24.3) (75.6) (9.2) (32.3) (14.4) (26.3) (21.7) (52.1) (24.0) (23.2) (47.9) (51.2) (19.7) (56.4) (33.8) (30.3) (31.7) (47.3) (83.2) (29.7) (49.1) (23.3) (23.0) (5.4) (5.9) (7.9) (9.7) (9.5) (8) (8.7) (8.3) (7.2) (5.1)
Per Share Data
EPS (Basic) 1.87 1.75 3.48 2.21 2.09 2.04 1.61 2.41 1.51 1.42 1.01 0.80 1.87 0.94 0.96 0.91 0.64 1.72 0.44 0.44 1.37 -0.11 0.94 0.20 0.20 -1.14 0.60 0.19 0.28 0.23 0.50 0.14 -0.50 0.27 0.07 0.41 0.08 0.31 0.04 -0.12 0.26 0.43 0.25 -1.23 0.22 -0.61 0.00 -0.13 -0.07 0.01 -0.15 0.17 -0.28 -0.18 -0.41 -0.43 -0.44 -0.20 -0.27 -0.30 -0.27 -0.30 -0.34 -0.30 -0.72 -0.32 -0.37 -0.43 -0.25 -0.15 0.02 -0.15 -0.17 -0.13 -0.27 -0.17 -0.15 -0.16 -0.23 -0.23 -0.77 -0.11 -0.38 -0.19 -0.37 -0.33 -0.82 -0.42 -0.41 -0.86 -0.95 -0.38 -1.10 -0.66 -0.59 -0.62 -0.94 -1.70 -0.62 -1.03 -0.50 -0.49 -0.12 -0.14 -0.20 -0.27 -0.27 -0.28 -0.55 -0.97 -0.86 -0.57
EPS (Diluted) 1.87 1.74 3.47 2.21 2.09 2.04 1.61 2.40 1.51 1.42 1.01 0.80 1.87 0.93 0.95 0.91 0.64 1.72 0.44 0.43 1.37 -0.11 0.94 0.20 0.20 -1.14 0.59 0.19 0.28 0.23 0.50 0.14 -0.50 0.27 0.06 0.41 0.08 0.31 0.04 -0.12 0.26 0.43 0.24 -1.23 0.22 -0.61 0.00 -0.13 -0.07 0.01 -0.15 0.16 -0.28 -0.18 -0.41 -0.43 -0.44 -0.20 -0.26 -0.30 -0.27 -0.30 -0.34 -0.30 -0.72 -0.32 -0.37 -0.43 -0.25 -0.15 0.02 -0.15 -0.17 -0.13 -0.27 -0.17 -0.15 -0.16 -0.23 -0.23 -0.77 -0.11 -0.38 -0.19 -0.37 -0.33 -0.80 -0.42 -0.41 -0.86 -0.92 -0.38 -1.10 -0.66 -0.59 -0.62 -0.94 -1.70 -0.61 -1.03 -0.50 -0.49 -0.11 -0.14 -0.20 -0.27 -0.27 -0.28 -0.55 -0.97 -0.86 -0.57
Shares Outstanding 105.9 105.8 106.3 107.5 107.8 108.1 107.8 107.7 107.7 108.6 108.5 108.9 108.9 108.8 108.7 109.4 108.6 109.5 110.7 111.2 111.3 106.8 112.5 112.8 113.6 111.5 113.9 114.1 114.2 113.0 115.0 115.3 114.8 116.8 117.2 119.9 121.5 121.3 122.7 124.6 125.8 125.4 126.0 126.8 128.8 129.2 129.1 129.0 128.9 138.4 128.4 134.6 127.7 124.3 126.6 121.4 121.3 111.4 109.5 110.2 112.3 114.4 114.4 114.7 115.7 117.1 116.9 116.7 117.1 118.0 116.5 107.4 107.1 108.5 106.0 104.2 103.2 105.7 105.0 103.7 98.1 85.7 85.1 74.5 70.3 65.3 63.7 57.8 56.9 55.7 54.1 52.4 51.1 51.1 51.1 50.7 50.4 49.0 47.8 47.6 47.1 46.8 46.6 43.4 39.2 35.4 35.4 28.6 15.8 8.5 8.4 8.9
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 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
Current Assets
Cash & Cash Equivalents 327.1 327.8 432.4 430.3 275.3 636.4 189.8 186.3 220.5 240.3 208.5 190.5 179.2 152.8 143.7 201.2 183.1 263.6 367.3 187.8 273.8 176.6 308.6 271.9 207.5 184.1 108.3 128.8 101.8 117.6 143.4 136.2 134.7 109.3 68.8 139.7 164.5 132.2 146.1 165.2 134.0 103.3 118.0 73.3 69.8 62.4 39.4 450.3 107.7 322.9 122.1 189.4 189.4 122.2 233.1 1,441.0 86.7 525.6 47.3 179.3 277.7 95.1 64.3 197.2 227.9 118.3 161.3 285.8 174.2 89.8 78.9 439.2 207.3 127.0 70.3 43.4 97.5 219.5 46.1 40.4 61.6 59.9 45.9 23.5 21.1 19.0 69.6 21.0 21.8 19.2 8.3 35.3 22.0 47.9 61.1 42.3 31.3 32.3 13.9 70.4 150.9 250.4 15.0 124.8 27.2 111.7 3.1 2.7 5 2.3 26.7
Short-Term Investments 0 0 6.6 0.8 1.6 65.7 254.5 16.2 30.4 0 1.0 1.1 22.4 1.9 1.3 21.1 40.8 0 0.8 0 0 0 0 0 225.9 0 0 0.7 25.5 0 0 0 0 0 0 0 0 0 0 0.2 0.2 0.7 0.7 0.7 0.7 4.8 5.5 5.5 5.8 5.1 5.4 4.9 5.4 4.2 5.5 5.5 5.0 5.7 5.8 5.3 2.8 2.3 4.0 3.6 4.2 3.6 5.4 6.3 3.8 0.2 0.2 0.2 9.3 11.8 55.1 121.2 101.3 0 0 0 0 0 19.8 0 0 0 0 0 0 0 15.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 176.0 161.5 663.9 218.9 189.6 158.2 284.5 142.8 115.6 147.3 202.1 190.9 202.5 241.9 264.4 198.6 169.9 169.6 150.8 116.9 119.2 124.7 108.9 95.2 110.2 126.0 158.4 151.0 143.1 136.5 146.0 118.0 101.2 114.1 109.1 99.9 88.0 87.3 89.5 86.6 77.8 100.3 100.3 99.2 117.6 120.7 134.3 106.5 98.5 90.2 99.2 99.2 83.4 76.3 62.7 35.1 26.2 23.9 39.8 17.8 18.3 19.3 18.8 19.0 17.1 14.8 19.6 15.6 13.6 14.1 16.4 27.0 15.7 37.0 20.2 42.7 39.1 35.7 40.2 44.1 44.4 41.3 42.7 41.2 38.0 31.1 40.2 31.9 29.8 28.0 29.6 29.1 33.5 39.5 46.7 45.7 47.6 49.1 56.8 69.0 71.6 67.3 61.3 40.4 40.7 25.8 22.6 23.1 18.4 14.2 12.5
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 53.6 0 0 143.9 41.4 48.6 1,229.4 82.0 76.2 43.2 54.7 58.1 95.9 60.9 55.4 97.3 89.9 92.6 81.2 84.3 75.1 77.2 44.3 79.6 69.5 73.0 58.0 43.1 43.9 44.8 47.1 42.1 59.4 48.0 49.2 53.5 30.1 30.7 55.0 552.5 25.4 25.1 25.4 46.8 47.1 41.4 52.5 46.3 36.4 35.2 47.3 49.1 36.4 26.9 27.7 48.3 160.0 34.5 22.3 41.5 39.3 46.0 47.2 45.3 41.9 38.1 40.7 36.7 46.5 47.8 49.3 37.3 50.3 35.7 59.1 32.7 29.8 33.1 34.4 11.5 13.5 11.3 19.5 1.6 2.0 2.0 2.0 6.6 7.1 11.3 12.1 31.5 65.7 0 202.4 16.3 11.4 18.7 11.3 0 0 0 6.0 18.8 7.9 11.5 7.9 6.5 7.7 7.9 6.6
Total Current Assets 744.8 489.3 1,103.0 812.5 523.8 933.3 1,978.7 450.3 460.0 447.6 484.3 460.0 518.6 471.6 482.7 529.8 494.9 539.4 614.4 403.8 482.2 389.9 473.0 458.6 624.1 395.1 334.3 329.3 315.7 300.6 373.9 327.7 326.9 302.8 259.5 324.1 336.5 301.3 324.6 858.2 291.3 282.6 294.0 334.9 344.5 325.0 326.9 674.4 314.0 516.1 343.7 390.4 352.1 269.9 368.6 1,556.9 303.2 604.6 129.4 260.6 352.8 173.4 146.7 278.2 303.1 184.5 236.8 354.7 246.9 160.7 154.3 514.4 292.3 219.5 213.2 249.4 277.0 294.7 127.6 103.4 137.1 118.7 132.2 79.0 66.0 56.6 116.2 64.9 65.0 62.7 68.9 101.0 126.4 92.4 113.6 111.7 101.6 106.7 92.3 150.8 230.5 323.3 82.2 184.0 75.9 149.0 33.6 32.3 31.1 24.4 45.8
Non-Current Assets
Property, Plant & Equipment 7,476.9 4,011.2 3,865.7 7,080.6 7,021.1 6,488.2 6,392.8 6,486.1 6,226.0 6,337.3 6,426.1 6,505.3 6,602.5 6,605.0 6,603.5 5,973.1 6,036.6 6,054.5 5,808.4 5,843.4 5,934.5 5,868.5 5,050.9 5,008.0 5,034.1 5,118.1 5,366.8 5,213.0 5,264.2 5,313.6 2,786.4 2,787.7 2,778.4 2,803.5 2,812.3 2,777.3 2,774.4 2,785.9 2,792.1 2,780.1 2,805.4 2,802.7 2,782.4 2,720.9 2,787.5 2,702.2 2,762.4 2,687.8 2,691.3 2,693.0 2,578.4 2,578.6 2,570.4 2,655.4 2,671.3 2,052.1 2,066.8 1,575.3 1,583.4 1,560.8 1,553.9 1,538.3 1,534.3 1,498.2 1,490.5 1,472.7 1,496.9 1,469.1 1,478.3 1,483.0 1,502.7 1,436.0 1,316.8 1,197.1 1,192.0 1,159.7 1,119.6 1,114.5 1,105.9 1,106.7 1,089.6 732.5 728.3 724.8 735.6 742.8 745.8 798.2 816.5 837.0 856.2 879.0 898.0 1,121.9 1,140.6 1,154.4 1,168.9 1,179.4 1,198.6 1,104.1 1,056.2 910.5 765.8 617.3 507.0 397.2 338.9 284.5 232.5 184.8 150.9
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 2,867.8 2,880.0 2,882.1 2,725.0 2,579.8 2,403.0 2,388.7 2,492.4 2,314.2 2,403.8 2,455.6 2,523.6 2,628.1 2,693.9 2,776.5 2,701.9 2,800.6 2,909.8 2,803.2 2,906.9 3,051.6 2,984.1 3,156.2 3,063.5 3,174.6 3,294.4 3,626.8 3,261.9 3,238.0 3,259.0 3,331.5 3,388.0 3,459.9 3,600.6 3,598.1 3,550.7 3,569.0 3,605.5 3,656.9 3,710.8 3,788.8 3,764.0 3,735.4 3,737.1 4,031.5 3,926.0 4,189.5 3,910.8 4,041.2 4,081.3 3,387.2 3,122.3 3,088.3 3,085.5 3,134.1 2,100.6 2,121.4 1,644.4 1,639.8 1,550.0 1,551.4 1,530.6 1,500.0 1,437.6 1,433.1 1,420.5 1,435.6 1,385.2 1,400.0 1,405.4 1,425.1 1,298.3 996.6 876.1 869.0 788.8 754.4 738.6 724.9 724.0 713.4 37.6 31.5 26.0 0.9 1.1 1.4 1.6 1.9 2.2 2.4 2.7 3.0 3.9 4.3 4.7 4.9 92.4 117.1 116.0 116.9 102.3 83.4 51.6 34.7 34.0 34.4 16.2 16.4 6.8 6.9
Long-Term Investments 3,452.6 3,415.9 3,433.9 13.5 16.0 18.1 20.8 26.6 19.2 22.0 24.5 31.6 34.2 37.1 40.7 44.0 42.1 45.6 47.9 48.7 51.9 55.5 57.6 60.0 0 0 13.3 0 0 0 0 0 0 0 0 0 8.6 8.4 7.9 8.0 8.1 8.1 8.1 51.9 44.1 44.1 44.1 52.7 52.8 52.8 52.8 0 0 0 52.9 0 0 0 49.5 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 0 0 0 0 0 0 0 0 0
Other Non-Current Assets (2,799.7) 924.4 254.6 585.8 578.3 548.0 582.3 686.7 705.1 719.9 720.5 745.4 747.6 722.3 665.5 669.5 608.6 572.5 475.8 414.0 401.2 393.9 366.7 367.1 487.8 488.1 414.5 380.0 441.2 439.6 703.7 682.4 699.7 698.2 648.5 648.4 620.3 596.3 579.5 558.6 542.9 514.3 493.1 552.0 544.3 530.0 518.2 483.3 465.2 448.1 421.1 493.0 473.7 439.1 368.7 373.7 302.3 262.3 204.3 237.8 234.8 224.0 219.1 210.0 206.9 192.9 144.3 142.6 130.3 122.9 125.7 139.1 127.4 114.2 110.1 103.5 102.5 98.4 87.9 68.0 68.7 61.4 60.5 56.1 54.6 53.5 53.9 50.8 51.0 52.4 55.4 54.0 57.1 46.4 43.3 53.2 47.3 44.1 52.0 10.2 10.6 13.6 17.4 22.8 22.9 22.3 22.9 14.2 12.5 15.8 7.6
Total Non-Current Assets 10,997.5 11,231.5 10,472.1 10,447.7 10,242.6 9,509.6 9,438.6 9,751.4 9,326.2 9,547.7 9,694.2 9,874.2 10,085.9 10,070.0 10,102.3 9,419.2 9,517.0 9,602.7 9,187.3 9,264.3 9,478.1 9,373.5 8,685.0 8,576.1 8,766.5 8,964.4 9,425.7 8,871.9 8,953.7 9,012.2 6,839.9 6,886.2 6,962.5 7,102.3 7,060.7 6,976.4 6,972.4 6,996.2 7,036.4 7,057.5 7,145.1 7,089.1 7,019.0 7,061.9 7,407.4 7,202.3 7,514.2 7,134.6 7,250.6 7,275.2 6,439.5 6,194.0 6,132.4 6,179.9 6,227.1 4,526.4 4,490.5 3,482.0 3,477.0 3,348.6 3,340.2 3,292.9 3,253.4 3,145.8 3,130.6 3,086.1 3,076.8 2,996.9 3,008.6 3,011.3 3,053.5 2,873.4 2,440.8 2,187.4 2,171.1 2,051.9 1,976.5 1,951.5 1,918.7 1,898.7 1,871.8 831.5 820.3 807.0 791.1 797.4 801.1 850.6 869.5 891.5 912.7 935.7 958.2 1,172.2 988.0 1,212.2 1,221.1 1,315.8 1,336.7 1,230.3 1,183.6 1,026.4 866.6 691.7 564.6 453.5 396.2 314.9 261.4 207.4 168.8
Total Assets 11,742.3 11,720.8 11,575.0 11,260.2 10,766.4 10,442.9 11,417.3 10,201.7 9,786.2 9,995.3 10,178.4 10,334.2 10,604.5 10,541.5 10,585.0 9,949.0 10,011.9 10,142.1 9,801.7 9,668.1 9,960.3 9,763.5 9,158.0 9,034.7 9,390.5 9,359.5 9,759.9 9,201.1 9,269.4 9,312.8 7,213.7 7,213.8 7,289.4 7,405.1 7,320.2 7,300.5 7,308.9 7,297.4 7,360.9 7,915.7 7,436.3 7,371.6 7,403.2 7,396.8 7,751.9 7,527.3 7,841.1 7,809.0 7,564.6 7,791.3 6,783.2 6,584.4 6,484.5 6,449.9 6,595.6 6,083.3 4,793.7 4,086.6 3,606.4 3,609.1 3,693.0 3,466.3 3,400.2 3,423.9 3,433.7 3,270.6 3,313.6 3,351.6 3,255.5 3,172.0 3,211.5 3,387.8 2,733.1 2,406.9 2,384.3 2,301.3 2,253.5 2,246.2 2,046.3 2,002.1 2,008.9 950.1 952.5 885.9 857.1 854.0 917.2 915.5 934.5 954.2 983.0 1,036.7 1,084.5 1,264.6 1,304.9 1,324.0 1,322.7 1,422.5 1,429.0 1,381.1 1,414.2 1,349.7 948.8 875.6 640.5 602.5 429.8 347.2 292.5 231.8 214.6
Current Liabilities
Account Payables 70.1 63.5 73.0 219.7 60.8 65.0 59.5 54.4 50.7 45.8 42.2 46.6 47.0 53.6 51.4 51.3 41.5 40.6 34.1 34.8 34.6 33.6 110.0 29.2 26.4 26.9 31.8 35.1 41.3 34.5 34.3 32.1 32.4 29.6 33.3 32.4 29.2 29.6 28.3 23.9 25.5 20.7 27.1 32.2 29.8 33.8 42.9 31.3 27.5 26.3 24.3 26.2 24.1 22.7 27.7 19.9 16.8 13.1 12.8 16.0 15.5 13.0 11.8 15.2 10.1 10.7 9.2 10.1 9.7 10.1 9.0 10.5 10.1 11.3 11.4 9.5 8.8 9.0 10.8 12.0 13.6 13.5 18.7 15.1 13.5 11.3 15.2 12.8 12.5 11.0 11.4 13.4 11.5 13.9 16.8 19.9 28.2 38.4 78.1 65.6 54.7 46.8 76.9 60.4 58.6 36.4 40.7 28.8 24.2 12.1 14.4
Short-Term Debt 3,578.6 2,683.5 2,235.4 772.6 772.2 771.8 1,187.9 23 1,806.3 1,805.4 643.1 24 24 24 24 663.2 662.7 662.3 24 24 24 24 24 24 24 522.7 522.1 24 943.2 942.4 941.7 24 24 20 20 773.3 772.5 20 627.2 515.9 568.9 20 20 40 40 33.8 32.5 1,078.3 1,080.2 503.8 481.9 11.2 10 478.5 475.4 529.6 918.0 5 5 5 5 0 0 30.1 29.6 29.1 28.6 0 6 6 6 5.5 0 0 0 0 0 0 0 0 1,100 0 0 3.2 3.2 3.2 3.2 3.3 3.3 2.5 11.5 13.0 6.6 60.1 60.1 2.6 0.1 0.2 0.4 0.3 0.7 0.1 2.6 0.1 1.3 0.1 0.1 0.1 0.1 0 0
Deferred Revenue 156.8 103.7 117.3 132.3 125.4 110.4 127.3 184.0 191.3 161.1 235.7 185.8 242.0 145.4 179.7 216.9 199.8 195.6 190.0 184.3 177.0 174.4 113.1 155.8 130.7 133.5 113.5 112.4 95.1 99.0 108.1 96.6 94.6 93.4 98.0 101.2 98.8 96.0 101.1 94.5 89.7 87.3 97.1 92.2 113.3 108.6 120.0 108.1 91.0 89.9 94.7 84.9 72.7 72.1 76.7 58.6 54.5 47.8 49.8 55.0 52.5 59.8 61.1 57.4 56.6 49.2 54.0 49.8 48.1 45.9 45.3 43.8 39.5 36.6 37.6 29.8 27.1 27.0 24.7 17.0 19.9 13.2 11.8 12.3 10.9 10.1 10.8 12.8 10.2 9.6 11.1 10.3 11.6 14.4 11.1 0 0 0 11.2 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 70.1 65.8 (190.3) 59.4 20.7 18.8 17.9 14.1 14.2 21.0 18.7 3.1 4.1 24.5 12.9 30.1 21.1 21.4 4.8 13.7 12.8 12.6 14.3 16.6 25.8 18.1 16.9 10.8 9.2 11.3 9.8 10.5 16.5 13.9 8.8 11.1 7.7 9.8 11.2 8.5 9.2 9.6 12.1 19.0 13.0 16.7 16.9 11.4 10.8 14.9 14.0 21.3 19.6 18.3 195.7 6.1 5.3 3.6 3.2 3.2 3.3 3.5 3.9 3.5 3.4 3.1 3.2 2.9 3.1 2.8 2.9 13.9 7.0 5.5 2.8 5.7 6.0 4.6 5.3 18.2 4.2 8.1 6.1 9.6 5.0 9.2 6.7 8.3 16.5 9.4 24.3 15.0 36.3 16.4 31.6 42.3 51.8 27.9 9.0 27.9 40.1 27.1 30.2 23.0 17.5 16.2 13.8 11.8 10.1 6.3 23.4
Total Current Liabilities 4,336.6 3,345.7 2,235.4 1,611.0 1,429.7 1,343.0 1,797.9 667.8 2,459.6 2,413.3 1,363.3 663.1 738.4 638.8 696.8 1,338.4 1,318.2 1,278.6 616.3 592.0 626.0 560.8 614.8 551.2 552.7 1,019.6 1,048.3 510.2 1,428.1 1,404.7 1,206.3 265.5 277.8 250.9 278.9 1,022.7 1,046.4 228.6 873.4 738.8 806.0 233.1 273.4 288.3 314.1 286.5 331.1 1,346.2 1,340.0 756.8 747.7 252.9 212.9 675.1 863.7 688.8 1,050.8 113.9 126.9 132.9 129.2 120.2 130.6 155.2 156.8 139.2 158.7 114.3 97.0 91.8 90.6 100.8 74.3 68.8 76.2 62.9 58.5 55.6 58.4 65.5 1,157.7 48.5 52.1 54.4 47.0 47.3 51.0 53.9 59.7 49.3 76.0 73.7 79.9 120.1 262.6 79.1 96.4 76.7 113.7 112.3 107.9 84.5 109.7 83.5 77.4 52.6 54.6 40.7 34.4 18.4 37.8
Non-Current Liabilities
Long-Term Debt 9,150.7 10,276.2 10,960.0 11,932.9 11,739.4 11,654.4 12,403.8 12,296.5 10,473.7 10,550.6 11,681.2 12,491.1 12,571.9 12,797.8 12,844.2 11,696.1 11,817.5 11,969.1 12,278.7 11,822.5 11,908.4 12,019.8 11,071.8 10,692.7 10,555.6 10,050.7 9,812.3 9,821.5 8,749.5 8,780.6 8,996.8 9,710.1 9,675.7 9,363.7 9,290.7 8,185.5 7,906.2 8,646.2 8,148.4 8,515.4 7,913.9 8,452.3 8,522.3 8,446.9 8,216.4 7,929.8 7,828.3 6,471.8 5,778.9 6,366.0 5,394.7 5,637.1 5,631.2 4,885.3 4,880.8 4,776.4 3,091.4 3,565.2 3,349.5 3,334.2 3,319.4 3,005.0 2,827.4 2,792.4 2,777.8 2,472.2 2,460.4 2,508.4 2,383.6 2,348.1 2,386.2 2,821.9 2,455 1,945 1,905 1,905 1,905 1,905 1,555 1,505 405 789.7 784.4 844.0 826.8 879.1 924.5 884.8 889.6 898.6 859.2 867.6 888.1 969.1 964.2 1,011.6 959.7 947.2 845.1 778.4 772.0 715.3 281.7 253.1 271.1 266.7 318.2 255.9 210.7 210.4 165.6
Deferred Tax Liabilities 0 0 317.1 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 16.5 18.4 18.4 18.5 18.5 18.5 18.4 18.9 18.5 20.5 18.4 8.6 7.9 7.9 8 3.2 3.4 3.4 0
Other Non-Current Liabilities 626.6 613.5 589.5 554.2 466.3 406.2 367.9 432.2 373.7 411.4 404.2 332.2 330.8 302.7 248.1 221.0 227.6 232.8 191.5 183.6 185.6 179.1 186.2 181.0 459.4 438.0 270.9 241.3 195.6 147.5 387.4 383.2 378.0 378.7 349.7 350.0 341.9 339.2 335.0 330.6 325.1 316.9 313.7 359.3 354.6 347.8 342.6 288.6 286.4 272.4 283.8 246.1 204.7 192.8 206.8 165.8 159.2 135.9 129.3 123.6 119.2 115.6 112.0 104.4 101.2 96.9 94.6 91.0 87.8 82.0 80.5 77.8 73.8 67.2 65.8 58.3 55.1 53.2 47.0 43.7 41.4 35.9 34.6 34.2 33.3 31.9 30.5 4.3 4.2 3.9 3.8 3.9 4.2 5.1 (16.3) 1.8 1.7 6.3 3.1 1.5 1.3 1.0 0.8 0.6 0.6 0.6 0.4 0.6 0.4 0.4 3.7
Total Non-Current Liabilities 11,950.3 13,041.1 14,114.9 14,506.6 14,210.4 14,008 14,675.2 14,659.6 12,602.5 12,768.2 13,951.0 14,802.5 14,920.8 15,133.7 15,132.9 13,934.9 14,092.5 14,252.7 14,451.5 14,019.2 14,158.9 14,234.2 13,352.4 12,954.6 13,128.5 12,642.7 12,362.6 12,237.3 11,180.6 11,210.9 9,384.3 10,093.4 10,053.7 9,742.4 9,640.4 8,535.6 8,248.1 8,985.4 8,483.4 8,846.0 8,239.0 8,769.1 8,745.8 8,806.1 8,571.0 8,277.6 8,170.9 6,760.4 6,065.3 6,638.4 5,678.5 5,883.1 5,835.9 5,078.1 5,087.5 4,942.2 3,250.6 3,701.1 3,478.8 3,457.8 3,438.6 3,120.6 2,939.5 2,896.9 2,879.0 2,569.1 2,555.0 2,599.4 2,471.4 2,430.1 2,466.7 2,899.7 2,528.8 2,012.2 1,970.8 1,963.3 1,960.1 1,958.2 1,602.0 1,548.7 446.4 825.6 819.0 878.2 860.0 911.0 954.9 889.1 893.8 902.5 863.1 871.5 908.8 992.6 966.3 1,029.3 979.9 972.0 866.7 798.8 791.8 736.8 300.9 262.3 279.6 275.2 326.6 259.7 214.5 214.2 169.3
Total Liabilities 16,372.2 16,472.5 16,350.3 16,117.6 15,640.1 15,351.0 16,473.1 15,327.4 15,062.1 15,181.5 15,314.3 15,465.6 15,659.2 15,772.5 15,829.6 15,273.2 15,410.7 15,531.2 15,067.9 14,611.2 14,784.9 14,795.0 13,967.2 13,505.9 13,681.2 13,662.3 13,410.9 12,747.4 12,608.8 12,615.5 10,590.5 10,358.9 10,331.5 9,993.3 9,919.3 9,558.3 9,294.5 9,213.9 9,356.9 9,584.8 9,043.9 9,002.2 9,109.4 9,094.4 8,885.1 8,564.1 8,501.9 8,106.6 7,405.3 7,395.2 6,426.2 6,136.0 6,048.8 5,753.2 5,930.9 5,630.9 4,301.4 3,815.0 3,605.6 3,590.7 3,567.8 3,240.8 3,070.0 3,052.0 3,035.9 2,708.3 2,713.7 2,713.7 2,568.4 2,521.9 2,719.7 3,000.6 2,603.1 2,081.0 2,046.9 2,026.3 2,018.6 2,013.8 1,660.4 1,614.2 1,604.1 874.0 871.1 932.6 907.0 958.3 1,005.9 943.0 953.4 951.8 939.1 945.2 988.7 1,112.6 1,119.4 1,108.4 1,076.2 1,048.8 978.4 911.1 899.7 821.3 410.7 345.8 357.0 327.8 381.2 300.4 248.9 232.6 207.1
Stockholders' Equity
Common Stock 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.1 1.1 1.0 1.0 1.1 1.0 1.0 0.9 0.9 0.8 0.7 0.7 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 0.3 0.3 0.3 0 0.1
Retained Earnings (7,135.6) (7,200.9) (7,249.9) (7,285.0) (7,251.1) (7,226.2) (7,326.2) (7,393.8) (7,546.4) (7,509.4) (7,450.8) (7,421.7) (7,362.8) (7,473.9) (7,482.1) (7,508.2) (7,531.2) (7,523.7) (7,203.5) (6,890.8) (6,759.4) (6,848.3) (6,604.0) (6,177.9) (5,972.7) (5,943.4) (5,560.7) (5,387.1) (5,194.0) (5,131.3) (5,136.4) (4,851.5) (4,759.6) (4,395.3) (4,388.3) (4,064.8) (3,735.1) (3,604.3) (3,637.5) (3,299.4) (3,231.7) (3,164.4) (3,168.1) (3,149.1) (2,743.1) (2,621.4) (2,542.4) (2,542.8) (2,526.1) (2,516.7) (2,518.1) (2,498.9) (2,520.5) (2,484.6) (2,462.2) (2,409.7) (2,357.2) (2,303.8) (2,281.1) (2,252.1) (2,143.8) (2,038.9) (1,929.7) (1,880.2) (1,845.7) (1,673.6) (1,627.6) (1,582.4) (1,532.3) (1,452.9) (1,401.0) (1,403.7) (1,387.3) (1,248.9) (1,234.3) (1,205.4) (1,187.9) (1,172.8) (1,065.2) (1,041.0) (1,008.9) (933.3) (924.1) (891.8) (877.3) (851.1) (829.4) (731.8) (707.8) (684.6) (636.6) (585.5) (578.1) (521.7) (488.0) (457.7) (426.0) (298.0) (214.8) (185.1) (136.0) (112.7) (89.7) (84.3) (78.4) (70.5) (60.8) (51.2) (43.3) (36) (26.9)
Accumulated Other Comprehensive Income (608.0) (636.7) (664.1) (688.1) (711.5) (736.6) (760.3) (723.6) (701.8) (629.7) (615.2) (594.3) (555.6) (596.4) (590.5) (613.9) (626.5) (591.4) (762.3) (780.5) (739.0) (808.4) (807.6) (873.6) (867.9) (846.8) (568.8) (620.8) (554.9) (531.8) (511.9) (528.5) (500.9) (379.1) (379.5) (342.4) (378.9) (342.9) (370.2) (370.4) (364.9) (441.4) (502.0) (501.5) (330.4) (356.9) (182.5) (94.1) 34.3 (0.7) (33.7) (12.6) (14.2) 4.3 2.8 1.9 0.2 1.2 0.5 (0.6) 2.4 2.4 2.2 1.7 1.3 (1.8) (2.8) (3.8) (1.9) (1.8) (1.5) (1.7) (1.6) (1.4) (1.3) (1.1) (0.9) (0.8) (0.7) (1.6) 23.3 15.8 14.5 8.5 0.2 (381.4) (369.2) (311.6) (292.2) (273.7) (254.8) (235.0) (215.5) (243.7) (221.7) (197.9) (171.9) (154.0) (54.7) (103.9) (85.3) (54.7) (54.7) (45.6) (36.8) (29.9) (23.6) (18.4) (14.3) (9.9) 0
Total Stockholders' Equity (4,629.9) (4,751.6) (4,853.5) (4,934.0) (4,938.9) (4,970.7) (5,109.9) (5,174.9) (5,316.7) (5,222.8) (5,170.9) (5,166.5) (5,092.3) (5,269.2) (5,276.3) (5,364.8) (5,438.6) (5,425.1) (5,283.4) (4,958.3) (4,839.7) (5,045.2) (4,824.4) (4,486.4) (4,305.0) (4,317.2) (3,667.0) (3,560.4) (3,339.3) (3,302.8) (3,376.8) (3,145.1) (3,042.1) (2,588.2) (2,599.1) (2,257.8) (1,985.7) (1,916.5) (1,995.9) (1,669.1) (1,607.6) (1,630.6) (1,706.1) (1,697.7) (1,133.2) (1,036.8) (660.8) (297.6) 159.3 396.2 357.0 448.4 435.7 696.6 653.0 440.5 480.2 259.6 (11.3) 6.3 112.9 213.1 317.1 371.9 397.8 562.3 599.0 638.0 687.1 650.1 491.8 387.3 130.0 325.9 337.4 275.0 234.9 232.4 385.9 388.0 404.8 76.1 81.4 (46.7) (49.9) (104.3) (88.7) (27.5) (19.0) 2.5 43.9 91.4 95.8 152.0 185.5 215.6 246.5 373.8 450.6 470.0 514.5 528.4 538.2 529.8 283.5 274.7 48.6 46.8 43.6 (0.8) 7.5
Total Liabilities & Equity 11,742.3 11,720.8 11,575.0 11,260.2 10,766.4 10,442.9 11,417.3 10,201.7 9,786.2 9,995.3 10,178.4 10,334.2 10,604.5 10,541.5 10,585.0 9,949.0 10,011.9 10,142.1 9,801.7 9,668.1 9,960.3 9,763.5 9,158.0 9,034.7 9,390.5 9,359.5 9,759.9 9,201.1 9,269.4 9,312.8 7,213.7 7,213.8 7,289.4 7,405.1 7,320.2 7,300.5 7,308.9 7,297.4 7,360.9 7,915.7 7,436.3 7,371.6 7,403.2 7,396.8 7,751.9 7,527.3 7,841.1 7,809.0 7,564.6 7,791.3 6,783.2 6,584.4 6,484.5 6,449.9 6,595.6 6,083.3 4,793.7 4,086.6 3,606.4 3,609.1 3,693.0 3,466.3 3,400.2 3,423.9 3,433.7 3,270.6 3,313.6 3,351.6 3,255.5 3,172.0 3,211.5 3,387.8 2,733.1 2,406.9 2,384.3 2,301.3 2,253.5 2,246.2 2,046.3 2,002.1 2,008.9 950.1 952.5 885.9 857.1 854.0 917.2 915.5 934.5 954.2 983.0 1,036.7 1,084.5 1,264.6 1,304.9 1,324.0 1,322.7 1,422.5 1,429.0 1,381.1 1,414.2 1,349.7 948.8 875.6 640.5 602.5 429.8 347.2 292.5 231.8 214.6
Debt Metrics
Total Debt 15,209.1 15,416.1 15,319.1 15,016.5 14,805.7 14,641.1 15,756.2 14,521.3 14,297.9 14,432.5 14,463.5 14,766.7 14,888.8 15,125.3 15,171.2 14,632.6 14,784.2 14,936.6 14,522.5 14,098.3 14,239.8 14,311.1 13,426.2 13,026.8 12,923.0 12,958.7 12,860.8 12,250.2 12,159.8 12,234.6 9,938.6 9,734.1 9,699.7 9,383.7 9,310.7 8,958.8 8,678.7 8,666.2 8,775.6 9,031.3 8,482.8 8,472.3 8,452.1 8,486.9 8,256.4 7,963.6 7,860.8 7,550.1 6,859.1 6,869.8 5,876.6 5,648.3 5,641.2 5,363.8 5,356.1 5,306.0 4,009.4 3,570.2 3,354.5 3,339.2 3,324.4 3,005.0 2,827.4 2,822.5 2,807.4 2,501.4 2,489.1 2,508.4 2,389.6 2,354.1 2,392.2 2,827.4 2,455 1,945 1,905 1,905 1,905 1,905 1,555 1,505 1,505 789.7 784.4 847.3 830.0 882.3 927.7 888.0 892.8 901.0 870.8 880.6 894.7 1,029.2 1,024.3 1,011.6 959.9 947.4 845.5 778.7 772.7 715.4 284.3 253.2 272.4 266.7 318.3 256 210.8 210.4 182.6
Net Debt 14,882.0 15,088.2 14,886.8 14,586.2 14,530.5 14,004.7 15,566.4 14,335.0 14,077.4 14,192.2 14,254.9 14,576.1 14,709.7 14,972.5 15,027.4 14,431.4 14,601.1 14,673.0 14,155.3 13,910.5 13,966.0 14,134.5 13,117.6 12,754.9 12,715.5 12,774.6 12,752.5 12,121.4 12,058.0 12,117.0 9,795.1 9,597.9 9,565.1 9,274.3 9,241.9 8,819.1 8,514.2 8,534.0 8,629.5 8,866.0 8,348.8 8,369.0 8,334.0 8,413.6 8,186.6 7,901.2 7,821.4 7,099.8 6,751.4 6,546.8 5,754.5 5,458.9 5,451.8 5,241.6 5,123.0 3,865.0 3,922.6 3,044.7 3,307.2 3,159.9 3,046.6 2,909.9 2,763.2 2,625.3 2,579.5 2,383.1 2,327.7 2,222.6 2,215.4 2,264.3 2,313.4 2,388.3 2,247.7 1,818.0 1,834.7 1,861.6 1,807.5 1,685.5 1,508.9 1,464.6 1,443.4 729.8 738.5 823.8 808.9 863.3 858.1 867.0 871.0 881.9 862.4 845.4 872.6 981.3 963.1 969.3 928.6 915.1 831.5 708.2 621.8 465.0 269.3 128.4 245.2 155.0 315.2 253.3 205.8 208.1 155.9
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 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
Operating Activities
Net Income 196.5 184.9 370.4 240.4 254.7 217.9 178.8 255.9 159.5 154.5 109.5 85.4 202.0 101.2 102.6 99.8 69.2 188.3 48.9 47.8 152.7 (11.7) 106.2 22.7 23.1 (127.9) 67.6 21.8 32.0 26.0 57.2 16.1 (57.4) 31.5 7.7 49.2 9.2 37.6 5.3 (15.4) 32.7 53.6 31.0 (155.9) 28.3 (79.0) 0.4 (16.6) (9.5) 1.4 (19.2) 21.5 (35.9) (22.4) (52.5) (53.7) (54.8) (22.7) (29.2) (33.4) (29.8) (34.3) (38.6) (34.6) (83.9) (37.4) (43.6) (50.2) (29.4) (17.9) 2.7 (16.4) (18.4) (14.6) (28.9) (17.5) (15.1) (16.4) (24.3) (24.3) (75.6) (9.2) (32.3) (14.4) (26.3) (21.7) (52.1) (24.0) (23.2) (47.9) (51.2) (30.8) (56.4) (33.8) (30.3) (31.7) (127.9) (83.2) (29.7) (49.1) (23.3) (23.0) (5.4) (5.9) (7.9) (9.7) (9.5) (8) (7.6) (8.3) (7.2) (5.1)
Depreciation & Amortization 81.4 81.3 80.4 76.9 70.0 65.0 65.1 63.5 64.2 76.8 171.4 180.7 181.8 182.4 183.0 173.8 176.4 174.3 169.9 170.9 175.5 183.9 180.4 180.3 178.7 182.6 179.5 175.0 171.6 171.0 169.5 167.7 169.6 165.4 162.6 161.9 159.5 159.0 158.6 160.1 159.7 159.8 161.5 164.3 162.4 171.9 162.2 159.4 161.0 144.4 133.3 133.3 141.1 125.6 131.4 101.0 94.0 82.1 79.4 78.1 76.7 74.9 72.7 69.7 68.8 67.4 65.7 64.9 64.3 63.7 53.9 55.8 52.0 49.7 46.5 45.1 43.7 41.9 41.3 43.7 37.7 26.5 28.2 28.4 29.6 29.8 36.4 28.2 27.9 28.1 22.9 22.2 17.9 31.7 34.3 34.8 32.5 34.1 5.1 27.8 25.7 22.0 (8.7) 16.2 14.3 13.0 27.6 4.3 (1.6) 8.3 3 1.3
Stock-Based Compensation 26.8 18.9 19.2 19.3 21.5 15.7 17.9 16.4 18.6 21.5 22.1 21.4 18.2 26.2 25.8 25.5 23.9 24.7 25.2 17.1 21.6 20.4 17.0 17.1 18.6 16.3 12.6 12.7 24.5 23.4 10.2 10.4 11.3 10.4 9.4 9.4 10.2 9.3 8.2 8.1 8.9 7.8 6.8 6.7 8.2 7.0 5.4 6.4 6.2 4.6 4.2 4.2 4.9 3.9 3.4 3.7 3.9 3.1 2.8 2.8 3.1 2.8 2.7 2.5 2.8 2.6 2.3 1.9 2.3 1.6 7.2 0 0 1.5 6.6 0 0 1.4 5.4 0 0 1.1 0.5 0 0 0.1 0.5 0 0 0.1 0.8 0 0 0.3 2.0 0 (0.9) 0 3.3 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 69.3 (80.2) (92.6) (46.6) 12.6 (53.0) (73.1) (62.3) 62.0 (69.6) 53.5 (65.6) 119.2 (42.7) (67.0) (23.8) 22.5 (44.8) (19.1) (64.1) 47.4 0.7 (39.2) 17.8 53.5 16.6 18.0 (11.4) 15.1 (11.7) (7.2) (27.4) 30.0 (42.3) 13.6 (27.8) 19.4 (33.7) 10.3 (39.5) 20.0 (40.9) 17.7 (32.4) 6.0 (17.2) 1.6 (30.4) (11.8) 8.6 14.9 (28.1) (2.1) (36.2) (5.1) (7.7) (5.9) (16.3) (13.0) (3.0) 1.9 (9.7) (1.0) (10.6) 6.9 (1.2) 5.8 16.7 8.1 (3.8) (8.3) 13.4 6.7 (4.0) 5.9 (0.2) (5.0) (0.4) 14.0 (7.5) (5.0) (3.2) (2.4) 4.3 (9.7) 6.5 (5.4) (7.2) 4.7 (0.7) (7.2) (4.9) 4.5 (5.3) 19.4 (18.8) 13.1 (33.1) 126.0 3.5 41.1 (42.6) 13.4 (3.4) 10.3 (6.6) 9.3 1.5 12 (5.6) 8 0
Other Non-Cash Items 21.7 24.7 (73.4) (4.8) 9.2 19.9 151.7 1.0 142.8 103.0 70.0 93.0 2.2 7.7 26.9 64.7 91.4 (84.4) 79.4 98.2 (85.4) 119.1 (51.2) 68.1 46.3 262.4 (12.6) 49.5 4.2 10.1 (31.8) 38.8 116.7 5.1 23.4 (14.5) 26.4 (6.9) 30.4 46.4 (11.2) (35.2) (14.4) 176.5 (7.4) 95.3 15.1 32.7 23.5 19.4 25.2 (14.8) 25.5 24.4 26.3 45.4 44.3 19.8 23.2 19.5 18.1 19.8 23.4 17.3 66.2 6.1 22.7 29.0 13.0 9.2 (16.0) 2.5 5.0 2.3 10.5 1.6 3.1 1.4 (0.9) 1.2 55.1 1.1 20.1 0.1 8.1 1.5 21.2 2.0 3.1 23.0 25.9 0.8 31.2 0.8 1.9 1.3 25.8 48.9 (106.5) 25.4 (19.5) 27.0 26.5 0.4 0.6 0.5 (15.8) 5.6 9.8 1.1 (16.7) 15
Operating Cash Flow 407.2 255.1 304.0 318.0 368.1 301.2 310.2 304.7 425.6 294.5 432.6 313.7 486.9 311.2 288.6 332.5 372.1 292.5 298.6 253.0 352.8 285.5 243.1 290.5 314.7 277.7 265.1 238.7 258.8 222.3 226.5 199.1 248.0 178.6 228.1 187.3 231.9 172.3 215.3 159.1 209.8 144.9 202.4 159.2 197.1 178.4 186.4 150.3 169.0 179.0 154.5 114.9 133.9 93.5 103.3 88.8 82.7 66.0 62.6 63.4 69.8 53.2 58.8 44.2 60.7 37.4 52.8 62.4 58.2 49.3 39.6 54.0 45.4 34.7 40.8 28.9 26.7 26.5 35.5 13.1 12.1 15.2 13.6 18.4 1.8 16.0 0.2 (1.0) 12.5 2.5 (9.5) (12.7) (2.8) (4.8) 25.3 (14.3) 24.0 (33.4) (1.8) 7.6 23.9 (16.7) 25.8 7.2 17.2 (2.8) 11.6 3.4 12.6 (4.5) (8.9) 10.6
Investing Activities
Capital Expenditure (62.4) (48.4) (62.7) (60.1) (55.9) (46.2) (55.5) (64.8) (50.0) (57.9) (99.8) (61.4) (63.4) (49.1) (66.1) (57.4) (53.0) (38.0) (43.3) (35.0) (30.8) (24.5) (33.2) (28.4) (27.7) (39.3) (42.9) (38.6) (36.4) (36.4) (44.8) (36.4) (37.5) (31.1) (41.9) (36.9) (33.7) (35.7) (35.7) (33.7) (34.6) (36.1) (46.4) (43.9) (50.3) (68.1) (79.9) (59.2) (39.9) (32.2) (65.5) (33.2) (33.8) (35.6) (38.8) (26.2) (23.4) (24.9) (30.2) (41.0) (35.6) (20.2) (18.6) (20.5) (15.3) (12.2) (12.6) (12.5) (14.1) (7.6) (9.4) (9.9) (8.4) (8.4) (7.7) (6.8) (7.5) (5.8) (9.4) (6.9) (7.0) (5.6) (6.2) (6.2) (4.1) (3.1) (2.6) (1.2) (1.4) (2.0) (2.9) (3.1) (3.0) (6.1) (18.9) (13.5) (24.9) (46.1) 415.2 (87.9) (169.0) (158.3) 0 (120.0) (102.6) (60.6) (60.9) (56.4) (54.7) (36.9) (34.5) (42.1)
Acquisitions (28.8) (143.5) (394.4) (11.8) 51.6 (63.4) (31.4) (207.4) (41.6) (19.4) (37.1) (53.1) (19.8) (19.9) (757.4) (65.1) (138.4) (215.2) (70.0) (57.9) (77.2) (1,052.7) (71.5) (80.9) (29.5) (89.5) (490.3) (132.4) (95.9) (55.3) (48.0) (118.5) (167.7) (117.6) (280.5) (78.8) (39.5) (42.7) (85.4) (42.7) (56.9) (91.8) (200.8) (85.6) (269.8) (53.3) (536.5) (81.3) (39.2) (933.1) (338.3) (91.6) (47.2) (209.6) (1,270.0) 62.7 (900.2) (51.1) (170.0) (43.3) (75.7) (90.3) (156.6) (59.4) (81.6) (30.3) (126.2) (25.0) (25.5) (4.1) (242.1) (35.9) (256.1) (50.4) (51.7) (54.0) (43.9) (51.8) (15.2) (30.3) (655.8) (24.2) (22.5) (22.8) (5.8) (10.2) (0.9) (0.5) (0.4) (0.0) (0.4) (0.2) (0.2) (2.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (1,145.0) (107.1) (508.3) (223.7) 64.1 (228.4) (596.1) (523.4) (369.4) (311.8) (333.9) 61.4 (20.1) (213.4) (375.2) (225.0) (251.2) (30.4) (975.6) (0.4) (0.2) (755.0) (0.4) (153.2) (525.0) (610.0) (110.0) (243.3) (135.5) (150.1) (57.2) 0 0 0 41.9 0 0 0 35.7 0 0 0 46.4 0 0 0 79.9 0 0 0 65.5 0 0 0 1.2 0 0 (1.2) (1.2) (4.2) (1.0) 20.2 (0.9) (1.5) (2.2) (32.3) (3) (2.6) 0 0 (36.2) 0 0 0.0 (17.5) (70.3) 0 0 0 0 0 0.1 (34.6) 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
Sales/Maturities of Investments 1,224.4 2.2 494.3 224.1 (191.7) 415.8 357.5 527.6 340.6 311 333.4 20.4 63.4 213.0 20.1 240.2 212.4 30.2 975.2 0.2 0.1 755 4.2 325 300 610 110.2 260 105 150.6 55 0 0 0 0.2 0 0 0 0.2 0 0 0 81.9 0 0 0 20.9 0 0 0 26 0 0 0 (1.2) 0 0 1.2 0.7 1.7 0.5 1.7 0.7 2.9 1.5 2.0 1.0 12.5 0 0 0.1 0 0 40.9 67.7 50.4 0 0 0 0 0 19.9 15.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (1.9) 0.1 290.3 (6.9) (449.0) 160.4 (3.4) (5.9) (0.9) (7.2) 31.1 (70.8) (71.6) (77.3) 376.2 1.6 0.4 (2.5) (31.8) 0.0 (0.1) 0.6 8.0 (1.9) 0.2 (3.2) 0.8 (5.2) (7.6) 6.2 (3.0) 4.7 (13.3) (2.9) (35.0) (6.6) (11.1) (5.9) (42.8) 5.6 (5.6) (4.4) (48.9) (0.6) 5.0 (0.2) (80.6) 3.1 (0.7) 0.4 (63.4) 0.7 (1.1) 1.3 (1.1) (0.9) (1.3) 0.1 0.0 0.1 (0.0) (20.1) 0.0 0.0 (0.7) 0.0 0.1 (12.0) (3.7) 6.2 36.0 (0.1) (0.1) (0.6) (0.7) (0.4) (101.6) (0.2) (0.2) (0.1) (4.4) (0.6) 0.1 0.6 0.3 0.3 4.9 0.2 4.8 0.4 17.0 34.2 122.5 (2.3) 5.4 0 0 0 (530.3) 0 0 0 (162.2) 0 0 0 0 0 0 0 0 0
Investing Cash Flow (13.7) (296.8) (180.8) (78.3) (581.0) 238.3 (328.9) (273.9) (121.2) (85.3) (106.4) (103.5) (111.6) (146.8) (802.3) (105.6) (229.8) (255.9) (145.4) (93.1) (108.2) (1,076.6) (93.0) 60.6 (282.0) (132.0) (532.1) (159.5) (170.5) (85.0) (98.0) (150.2) (218.6) (151.6) (315.3) (122.3) (84.4) (84.3) (128.0) (70.8) (97.1) (132.4) (167.8) (130.1) (315.1) (121.6) (596.1) (137.3) (79.8) (964.9) (375.7) (124.1) (82.1) (243.9) (1,309.9) 35.7 (925.0) (75.9) (200.6) (86.7) (111.8) (108.7) (175.5) (78.4) (98.3) (72.8) (140.8) (39.6) (43.2) (5.5) (251.5) (46.0) (264.7) (18.4) (10.0) (81.1) (153.0) (57.8) (24.8) (37.3) (667.2) (10.5) (48.3) (28.4) (9.6) (13) 1.4 (1.5) 3.1 (1.7) 13.7 30.8 119.3 (8.4) (13.5) (13.5) (24.9) (46.1) (115.1) (87.9) (169.0) (158.3) (162.2) (120.0) (102.6) (60.6) (60.9) (56.4) (54.7) (36.9) (34.5) (42.1)
Financing Activities
Net Debt Issuance (224.2) 54.2 189.2 188.5 80 (1,170.8) 1,264.9 34.2 (80.8) 21.8 (190) (80) (225) (51) 310 (120) (150) 330 433.0 (85.2) (112.5) 938.2 355.9 135.3 6.7 224.4 483.4 153.0 (42) (215) 198.9 29.0 291.9 71.8 331.1 274.7 5.2 (115) 234.6 (5.9) 15 15 44.1 230 287.4 102.5 288.5 659.7 (23.8) 975.5 212.3 3.8 (98.9) (4.5) (12.8) 1,225.7 390.9 198.5 (18.6) (18.3) 315.3 157.3 1,207.4 (2.6) 1,213.2 1.1 (551.0) 77.2 21.1 (35.0) (147.6) 224.8 363.0 36.8 (0.1) (0.0) (0.6) 264.9 26.1 (0.0) 0 0 (92.8) 11.1 (67.0) (53.9) 45.1 1.6 (13.1) 10.0 257.9 (3.7) (134.8) (0.0) 5.8 40.0 (0.2) 97.8 60.0 (0.5) 44.6 408.9 24.7 (25.0) (0.0) (59.5) 57 40 (5) 23 0 0
Stock Repurchased (2.2) 0 (216.3) (150.8) (130.7) (24.3) (0.6) 0 (93.9) (106.2) (46.4) (53.7) 0 (26.7) (0.1) (0.3) 0.0 (431.7) (298.2) (115.4) 0.0 (168.9) (480.3) (175.7) 0 (203.3) (199.4) (173.0) (94.6) (6.2) (342.0) (108.0) (307.0) (38.5) (331.2) (378.9) (140.0) (4.4) (343.3) (52.3) (100.0) (50.0) (50.0) (250.0) (150.0) 0 0 0 0 0 (10.2) 0 0 0 0 0 0 0 (0.0) (75) (75.0) (75.0) (10.3) 0 (88.4) (8.7) (1.7) 0 (50) 0 0 0 0 0 0 0 0 (91.2) 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 0.5 0
Dividends Paid (132.7) (135.2) (118.2) (119.1) (119.4) (122.3) (105.4) (105.3) (105.3) (108.1) (91.8) (92.1) (92.1) (93.9) (76.7) (76.7) (76.6) (76.9) (63.1) (63.6) (63.5) (63.4) (51.5) (52.0) (52.0) (52.2) (41.5) (41.9) 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
Other Financing Activities (10.6) (22.7) (2.2) 1.7 (1.1) 35.2 20.7 (0.7) 3.4 1.1 (6.6) (5.0) (4.4) 10.9 197.3 6.9 2.3 26.8 (41.0) 27.4 20.1 (4.5) 21.2 (169.8) 36.5 (12.2) 2.8 18.7 5.7 (6.5) 25.8 21.1 7.7 0.7 23.1 10.8 23.0 7.1 0.7 2.0 (6.0) 1.7 3.2 4.8 (12.1) (134.0) (287.0) (328.4) (281.4) (11.3) (55.0) 4.8 115.4 42.3 31.1 3.2 11.3 5.7 17.0 10.1 (10.7) (0.8) (1,216.9) (6.8) (977.5) (0.1) 512.2 10.5 98.0 0.8 54.9 (2.0) 53.5 1.9 (4.9) (2.9) 1.6 1.3 (36.2) 1.4 655.2 7.9 223.7 (75.4) 75.4 0 0 0 0.1 0 7.9 (1.3) (7.6) 0 1.2 (1.1) (0.1) 0 0 0 0 0 0.1 (0.1) (0.0) (0.0) (7.9) (0.4) 49.8 (6.1) 17.8 (0.7)
Financing Cash Flow (366.7) (69.6) (143.4) (79.8) (158.3) (1,282.1) 1,179.6 (65.9) (276.5) (191.4) (311.6) (230.8) (314.2) (160.7) 430.6 (190.1) (224.3) (151.8) 30.7 (236.8) (155.9) 701.3 (154.8) (262.1) (8.8) (43.3) 245.3 (43.1) (106.4) (158.0) (117.3) (57.9) (7.3) 34.0 23.0 (93.5) (111.8) (112.3) (622.1) (56.2) (91.0) (33.3) (2.8) (15.3) 125.3 (31.5) 1.5 331.4 (304.8) 968.8 157.3 8.5 16.5 37.8 (2.7) 1,228.9 402.1 488.1 6.0 (75.0) 224.7 86.4 (16.2) 3.5 147.2 (7.7) (36.5) 88.8 69.5 (32.9) (148.4) 223.8 299.6 40.4 (3.9) (2.0) 4.4 204.6 (5.0) 3.0 656.9 9.3 57.1 12.3 9.9 (53.6) 47.1 1.6 (13.0) 10.0 (31.2) (4.9) (142.4) (0.0) 7.0 38.9 (0.1) 97.9 60.4 (0.2) 45.6 410.4 26.5 210.4 0.8 171.9 49.6 50.8 44.8 16.9 17.8 (0.7)
Cash Position
Net Change in Cash 28.2 (104.5) (28.4) 164.9 (363.6) (736.6) 1,149.2 (31.7) 18.8 13.4 18.9 (23.4) 62.3 3.9 (90.6) 28.9 (85.5) (99.2) 181.2 (84.4) 96.6 (100.6) 6.8 84.3 22.0 88.5 (17.6) 31.9 (17.1) (34.4) 15.0 (13.0) 11.5 60.5 (68.2) (24.7) 31.7 (20.5) (535.0) 31.3 30.7 (14.8) 44.8 3.4 7.5 22.9 (410.8) 342.6 (215.3) 200.8 (67.3) (0.0) 67.2 (110.9) (1,207.9) 1,354.3 (438.8) 478.2 (132.0) (98.4) 182.6 30.9 (133.0) (30.7) 109.7 (43.0) (124.5) 111.6 84.4 10.9 (360.3) 231.9 80.3 56.7 26.9 (54.2) (122.0) 173.3 5.7 (21.2) 1.7 13.9 22.5 2.4 2.1 (50.6) 48.6 (0.8) 2.7 10.8 (26.9) 13.2 (25.8) (13.3) 18.8 11.0 (1.0) 18.4 (56.5) (80.4) (99.5) 235.4 (109.9) 97.6 (84.5) 108.6 0.4 (2.3) 44.8 16.9 (25.8) (32.1)
Cash at Beginning 332.5 437.0 460.8 300.5 664.1 1,400.7 251.5 283.1 264.3 250.9 227.8 255.5 193.2 189.3 279.9 251.0 336.4 435.6 254.4 338.8 242.2 342.8 336.0 251.6 229.6 141.1 158.7 126.8 143.9 178.3 163.3 176.4 164.8 104.3 172.5 197.2 165.5 186.0 720.9 134.0 103.3 118.0 73.3 69.8 62.4 39.4 450.3 107.7 322.9 122.1 189.4 189.4 122.2 233.1 1,441.0 86.7 525.6 47.3 179.3 277.7 95.1 64.3 197.2 227.9 118.3 161.3 285.8 174.2 89.8 78.9 439.2 207.3 127.0 70.3 43.4 97.5 219.5 46.1 40.4 61.6 59.9 45.9 23.5 21.1 19.0 69.6 21.0 21.8 19.2 8.3 35.3 22.0 47.9 61.1 42.3 31.3 32.3 13.9 70.4 150.9 250.4 15.0 124.8 27.2 111.7 3.1 2.7 5 (39.8) 26.7 0 184.1
Cash at End 360.8 332.5 432.4 465.4 300.5 664.1 1,400.7 251.5 283.1 264.3 246.7 232.1 255.5 193.2 189.3 279.9 251.0 336.4 435.6 254.4 338.8 242.2 342.8 336.0 251.6 229.6 141.1 158.7 126.8 143.9 178.3 163.3 176.4 164.8 104.3 172.5 197.2 165.5 186.0 165.2 134.0 103.3 118.0 73.3 69.8 62.4 39.4 450.3 107.7 322.9 122.1 189.4 189.4 122.2 233.1 1,441.0 86.7 525.6 47.3 179.3 277.7 95.1 64.3 197.2 227.9 118.3 161.3 285.8 174.2 89.8 78.9 439.2 207.3 127.0 70.3 43.4 97.5 219.5 46.1 40.4 61.6 59.9 45.9 23.5 21.1 19.0 69.6 21.0 21.8 19.2 8.3 35.3 22.0 47.9 61.1 42.3 31.3 32.3 13.9 70.4 150.9 250.4 15.0 124.8 27.2 111.7 3.1 2.7 5 43.6 (25.8) 152.0
Free Cash Flow 344.8 206.7 241.3 258.0 312.2 255.0 254.6 239.9 375.6 236.6 332.8 252.3 423.5 262.0 222.5 275.1 319.2 254.5 255.3 218.0 321.9 261.0 209.9 262.1 287.0 238.5 222.2 200.1 222.3 186.0 181.6 162.7 210.5 147.5 186.3 150.4 198.2 136.6 179.6 125.4 175.2 108.8 156.0 115.3 146.8 110.3 106.5 91.1 129.1 146.7 89.0 81.7 100.2 57.8 64.5 62.6 59.3 41.2 32.4 22.5 34.2 33.0 40.1 23.8 45.4 25.3 40.1 49.9 44.1 41.7 30.1 44.0 37.0 26.4 33.0 22.1 19.2 20.8 26.1 6.2 5.1 9.6 7.4 12.2 (2.3) 12.9 (2.4) (2.2) 11.2 0.5 (12.4) (15.8) (5.7) (11.0) 6.4 (27.9) (0.9) (79.5) 413.3 (80.3) (145.1) (175.0) 25.8 (112.7) (85.3) (63.4) (49.3) (53) (42.1) (41.4) (43.4) (31.5)
Key Metrics 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 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
Income Statement
Revenue 715.3 703.4 719.6 732.3 699.0 664.2 693.7 667.6 660.5 657.9 675.0 682.5 678.5 675.5 686.1 675.6 652.0 619.8 595.1 589.3 575.5 548.7 535.9 522.9 507.2 517.1 513.7 507.5 500.1 493.3 483.8 467.2 456.3 458.3 443.1 433.9 427.3 423.4 416.5 411.3 405.5 399.8 406.9 410.7 410.7 410.1 404.7 393.3 383.4 345.6 335.4 332.1 324.3 313.1 293.8 238.6 229.1 192.5 183.8 175.5 171.1 167.7 165.5 158.6 154.5 148.0 145.0 139.3 136.2 135.1 134.4 118.7 112.0 109.9 108.9 103.2 100.3 95.8 96.8 98.2 87.4 68.8 72.4 66.0 63.2 58.3 65.5 58.7 56.3 57.3 57.6 52.4 50.4 58.2 64.1 67.0 69.6 63.9 69.2 63.0 57.8 53.0 53.6 45.4 38.5 30.4 29.3 24.6 19.4 13.7 17.3 13.3
Gross Profit 539.3 532.1 220.2 542.5 521.0 503.2 535.0 511.9 512.6 512.5 525.7 527.2 519.3 505.2 505.9 491.2 479.2 461.7 445.2 443.6 433.0 414.0 403.9 397.3 391.1 397.8 386.8 379.3 373.2 367.0 359.8 347.5 338.8 339.9 323.0 320.9 315.6 309.4 306.1 302.9 296.1 294.0 293.1 298.6 292.8 297.6 295.7 281.5 273.8 239.8 227.0 225.2 218.6 206.6 185.9 161.2 162.9 140.3 133.6 123.7 120.9 117.0 113.7 108.0 104.6 100.9 98.1 94.0 92.3 90.5 87.9 76.6 72.6 69.7 65.9 59.5 61.0 58.3 56.8 56.0 47.2 34.5 33.4 31.0 28.6 27.0 24.0 28.0 26.5 24.4 24.5 22.6 22.9 26.6 27.4 27.8 29.3 28.0 28.1 25.9 23.4 20.8 (7.4) 16.6 19.7 17.1 9.6 7.7 6.6 4.7 4.6 3.3
Operating Income 433.2 342.8 307.8 374.2 334.8 334.9 382.3 375.6 354.5 323.4 209.7 248.6 241.2 224.1 234.7 243.0 231.0 216.8 197.4 211.8 199.8 173.6 165.1 160.3 157.1 151.2 153.9 153.8 136.5 139.3 150.3 138.0 125.9 130.0 119.1 117.0 114.6 107.8 107.4 108.2 74.1 97.6 82.1 43.1 98.2 89.1 96.6 89.5 83.3 67.1 59.4 63.9 56.0 60.5 34.9 42.6 34.7 40.3 32.0 27.6 27.2 23.9 16.7 20.7 20.0 16.9 12.1 15.0 13.6 14.3 11.5 11.4 10.8 11.8 9.7 5.3 7.8 7.2 6.1 6.3 2.8 (4.8) 3.9 2.6 (0.2) (2.1) (17.4) (0.0) (2.8) (3.8) (10.5) (7.6) (15.8) (8.9) (7.7) (8.8) (24.9) (61.5) (8.8) (28.6) (5.7) (4.8) (7.1) (6.5) (0.9) (2.0) (23.6) (1.4) (1.8) (7.7) (3.6) (2.3)
Net Income 198.8 184.8 370.3 236.8 225.8 220.7 173.6 258.5 162.8 154.5 109.5 87.4 203.6 101.2 103.3 100.0 69.5 188.6 48.9 47.8 152.7 (11.7) 105.8 22.6 22.8 (127.1) 67.4 21.7 32.0 26.0 57.2 16.1 (57.4) 31.5 7.7 49.2 9.2 37.6 5.3 (15.4) 32.7 53.6 31.0 (155.9) 28.3 (79.0) 0.4 (16.6) (9.5) 1.4 (19.2) 21.5 (35.9) (22.4) (52.4) (53.4) (53.5) (22.6) (29.1) (33.3) (29.8) (34.3) (39.2) (34.5) (83.7) (37.3) (43.5) (50.1) (29.4) (17.9) 2.7 (16.4) (18.4) (14.6) (28.9) (17.5) (15.1) (16.4) (24.3) (24.3) (75.6) (9.2) (32.3) (14.4) (26.3) (21.7) (52.1) (24.0) (23.2) (47.9) (51.2) (19.7) (56.4) (33.8) (30.3) (31.7) (47.3) (83.2) (29.7) (49.1) (23.3) (23.0) (5.4) (5.9) (7.9) (9.7) (9.5) (8) (8.7) (8.3) (7.2) (5.1)
EPS (Diluted) 1.87 1.74 3.47 2.21 2.09 2.04 1.61 2.40 1.51 1.42 1.01 0.80 1.87 0.93 0.95 0.91 0.64 1.72 0.44 0.43 1.37 -0.11 0.94 0.20 0.20 -1.14 0.59 0.19 0.28 0.23 0.50 0.14 -0.50 0.27 0.06 0.41 0.08 0.31 0.04 -0.12 0.26 0.43 0.24 -1.23 0.22 -0.61 0.00 -0.13 -0.07 0.01 -0.15 0.16 -0.28 -0.18 -0.41 -0.43 -0.44 -0.20 -0.26 -0.30 -0.27 -0.30 -0.34 -0.30 -0.72 -0.32 -0.37 -0.43 -0.25 -0.15 0.02 -0.15 -0.17 -0.13 -0.27 -0.17 -0.15 -0.16 -0.23 -0.23 -0.77 -0.11 -0.38 -0.19 -0.37 -0.33 -0.80 -0.42 -0.41 -0.86 -0.92 -0.38 -1.10 -0.66 -0.59 -0.62 -0.94 -1.70 -0.61 -1.03 -0.50 -0.49 -0.11 -0.14 -0.20 -0.27 -0.27 -0.28 -0.55 -0.97 -0.86 -0.57
Balance Sheet
Cash & Equivalents 327.1 327.8 432.4 430.3 275.3 636.4 189.8 186.3 220.5 240.3 208.5 190.5 179.2 152.8 143.7 201.2 183.1 263.6 367.3 187.8 273.8 176.6 308.6 271.9 207.5 184.1 108.3 128.8 101.8 117.6 143.4 136.2 134.7 109.3 68.8 139.7 164.5 132.2 146.1 165.2 134.0 103.3 118.0 73.3 69.8 62.4 39.4 450.3 107.7 322.9 122.1 189.4 189.4 122.2 233.1 1,441.0 86.7 525.6 47.3 179.3 277.7 95.1 64.3 197.2 227.9 118.3 161.3 285.8 174.2 89.8 78.9 439.2 207.3 127.0 70.3 43.4 97.5 219.5 46.1 40.4 61.6 59.9 45.9 23.5 21.1 19.0 69.6 21.0 21.8 19.2 8.3 35.3 22.0 47.9 61.1 42.3 31.3 32.3 13.9 70.4 150.9 250.4 15.0 124.8 27.2 111.7 3.1 2.7 5 2.3 26.7
Total Assets 11,742.3 11,720.8 11,575.0 11,260.2 10,766.4 10,442.9 11,417.3 10,201.7 9,786.2 9,995.3 10,178.4 10,334.2 10,604.5 10,541.5 10,585.0 9,949.0 10,011.9 10,142.1 9,801.7 9,668.1 9,960.3 9,763.5 9,158.0 9,034.7 9,390.5 9,359.5 9,759.9 9,201.1 9,269.4 9,312.8 7,213.7 7,213.8 7,289.4 7,405.1 7,320.2 7,300.5 7,308.9 7,297.4 7,360.9 7,915.7 7,436.3 7,371.6 7,403.2 7,396.8 7,751.9 7,527.3 7,841.1 7,809.0 7,564.6 7,791.3 6,783.2 6,584.4 6,484.5 6,449.9 6,595.6 6,083.3 4,793.7 4,086.6 3,606.4 3,609.1 3,693.0 3,466.3 3,400.2 3,423.9 3,433.7 3,270.6 3,313.6 3,351.6 3,255.5 3,172.0 3,211.5 3,387.8 2,733.1 2,406.9 2,384.3 2,301.3 2,253.5 2,246.2 2,046.3 2,002.1 2,008.9 950.1 952.5 885.9 857.1 854.0 917.2 915.5 934.5 954.2 983.0 1,036.7 1,084.5 1,264.6 1,304.9 1,324.0 1,322.7 1,422.5 1,429.0 1,381.1 1,414.2 1,349.7 948.8 875.6 640.5 602.5 429.8 347.2 292.5 231.8 214.6
Total Debt 15,209.1 15,416.1 15,319.1 15,016.5 14,805.7 14,641.1 15,756.2 14,521.3 14,297.9 14,432.5 14,463.5 14,766.7 14,888.8 15,125.3 15,171.2 14,632.6 14,784.2 14,936.6 14,522.5 14,098.3 14,239.8 14,311.1 13,426.2 13,026.8 12,923.0 12,958.7 12,860.8 12,250.2 12,159.8 12,234.6 9,938.6 9,734.1 9,699.7 9,383.7 9,310.7 8,958.8 8,678.7 8,666.2 8,775.6 9,031.3 8,482.8 8,472.3 8,452.1 8,486.9 8,256.4 7,963.6 7,860.8 7,550.1 6,859.1 6,869.8 5,876.6 5,648.3 5,641.2 5,363.8 5,356.1 5,306.0 4,009.4 3,570.2 3,354.5 3,339.2 3,324.4 3,005.0 2,827.4 2,822.5 2,807.4 2,501.4 2,489.1 2,508.4 2,389.6 2,354.1 2,392.2 2,827.4 2,455 1,945 1,905 1,905 1,905 1,905 1,555 1,505 1,505 789.7 784.4 847.3 830.0 882.3 927.7 888.0 892.8 901.0 870.8 880.6 894.7 1,029.2 1,024.3 1,011.6 959.9 947.4 845.5 778.7 772.7 715.4 284.3 253.2 272.4 266.7 318.3 256 210.8 210.4 182.6
Stockholders' Equity (4,629.9) (4,751.6) (4,853.5) (4,934.0) (4,938.9) (4,970.7) (5,109.9) (5,174.9) (5,316.7) (5,222.8) (5,170.9) (5,166.5) (5,092.3) (5,269.2) (5,276.3) (5,364.8) (5,438.6) (5,425.1) (5,283.4) (4,958.3) (4,839.7) (5,045.2) (4,824.4) (4,486.4) (4,305.0) (4,317.2) (3,667.0) (3,560.4) (3,339.3) (3,302.8) (3,376.8) (3,145.1) (3,042.1) (2,588.2) (2,599.1) (2,257.8) (1,985.7) (1,916.5) (1,995.9) (1,669.1) (1,607.6) (1,630.6) (1,706.1) (1,697.7) (1,133.2) (1,036.8) (660.8) (297.6) 159.3 396.2 357.0 448.4 435.7 696.6 653.0 440.5 480.2 259.6 (11.3) 6.3 112.9 213.1 317.1 371.9 397.8 562.3 599.0 638.0 687.1 650.1 491.8 387.3 130.0 325.9 337.4 275.0 234.9 232.4 385.9 388.0 404.8 76.1 81.4 (46.7) (49.9) (104.3) (88.7) (27.5) (19.0) 2.5 43.9 91.4 95.8 152.0 185.5 215.6 246.5 373.8 450.6 470.0 514.5 528.4 538.2 529.8 283.5 274.7 48.6 46.8 43.6 (0.8) 7.5
Cash Flow
Operating Cash Flow 407.2 255.1 304.0 318.0 368.1 301.2 310.2 304.7 425.6 294.5 432.6 313.7 486.9 311.2 288.6 332.5 372.1 292.5 298.6 253.0 352.8 285.5 243.1 290.5 314.7 277.7 265.1 238.7 258.8 222.3 226.5 199.1 248.0 178.6 228.1 187.3 231.9 172.3 215.3 159.1 209.8 144.9 202.4 159.2 197.1 178.4 186.4 150.3 169.0 179.0 154.5 114.9 133.9 93.5 103.3 88.8 82.7 66.0 62.6 63.4 69.8 53.2 58.8 44.2 60.7 37.4 52.8 62.4 58.2 49.3 39.6 54.0 45.4 34.7 40.8 28.9 26.7 26.5 35.5 13.1 12.1 15.2 13.6 18.4 1.8 16.0 0.2 (1.0) 12.5 2.5 (9.5) (12.7) (2.8) (4.8) 25.3 (14.3) 24.0 (33.4) (1.8) 7.6 23.9 (16.7) 25.8 7.2 17.2 (2.8) 11.6 3.4 12.6 (4.5) (8.9) 10.6
Capital Expenditure (62.4) (48.4) (62.7) (60.1) (55.9) (46.2) (55.5) (64.8) (50.0) (57.9) (99.8) (61.4) (63.4) (49.1) (66.1) (57.4) (53.0) (38.0) (43.3) (35.0) (30.8) (24.5) (33.2) (28.4) (27.7) (39.3) (42.9) (38.6) (36.4) (36.4) (44.8) (36.4) (37.5) (31.1) (41.9) (36.9) (33.7) (35.7) (35.7) (33.7) (34.6) (36.1) (46.4) (43.9) (50.3) (68.1) (79.9) (59.2) (39.9) (32.2) (65.5) (33.2) (33.8) (35.6) (38.8) (26.2) (23.4) (24.9) (30.2) (41.0) (35.6) (20.2) (18.6) (20.5) (15.3) (12.2) (12.6) (12.5) (14.1) (7.6) (9.4) (9.9) (8.4) (8.4) (7.7) (6.8) (7.5) (5.8) (9.4) (6.9) (7.0) (5.6) (6.2) (6.2) (4.1) (3.1) (2.6) (1.2) (1.4) (2.0) (2.9) (3.1) (3.0) (6.1) (18.9) (13.5) (24.9) (46.1) 415.2 (87.9) (169.0) (158.3) 0 (120.0) (102.6) (60.6) (60.9) (56.4) (54.7) (36.9) (34.5) (42.1)
Free Cash Flow 344.8 206.7 241.3 258.0 312.2 255.0 254.6 239.9 375.6 236.6 332.8 252.3 423.5 262.0 222.5 275.1 319.2 254.5 255.3 218.0 321.9 261.0 209.9 262.1 287.0 238.5 222.2 200.1 222.3 186.0 181.6 162.7 210.5 147.5 186.3 150.4 198.2 136.6 179.6 125.4 175.2 108.8 156.0 115.3 146.8 110.3 106.5 91.1 129.1 146.7 89.0 81.7 100.2 57.8 64.5 62.6 59.3 41.2 32.4 22.5 34.2 33.0 40.1 23.8 45.4 25.3 40.1 49.9 44.1 41.7 30.1 44.0 37.0 26.4 33.0 22.1 19.2 20.8 26.1 6.2 5.1 9.6 7.4 12.2 (2.3) 12.9 (2.4) (2.2) 11.2 0.5 (12.4) (15.8) (5.7) (11.0) 6.4 (27.9) (0.9) (79.5) 413.3 (80.3) (145.1) (175.0) 25.8 (112.7) (85.3) (63.4) (49.3) (53) (42.1) (41.4) (43.4) (31.5)