Companhia de Saneamento Básico do Estado de São Paulo - SABESP logo SBS - Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 4
SELL 1
STRONG
SELL
0
| PRICE TARGET: $23.79 DETAILS
HIGH: $23.79
LOW: $23.79
MEDIAN: $23.79
CONSENSUS: $23.79
UPSIDE: 308.06%
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
Revenue
Revenue 9,778.4 10,528.2 9,424.9 8,964.5 8,426.2 14,399.1 14,996.8 6,749.5 6,560.2 7,265.9 6,453.2 6,154.5 5,698.4 5,932.2 5,987.7 5,265.4 4,870.4 5,063.8 5,153.9 4,595.9 4,677.4 4,884.2 4,438.5 4,432.5 4,042.3 4,696.6 5,410.6 3,997.9 3,878.5 4,902.4 3,810.8 3,672.2 3,699.7 4,018.3 3,536.4 3,494.6 3,558.8 3,886.0 3,745.8 3,438.6 3,027.8 3,223.1 3,197.0 2,822.9 2,468.6 2,843.6 2,823.5 2,754.2 2,791.9 3,101.9 2,772.4 2,796.3 2,645.0 2,990.7 2,710.7 2,478.3 2,588.4 2,711.6 2,592.8 2,341.6 2,295.7 3,873.6 1,835.6 1,769.8 1,752.0 3,673.6 1,629.0 1,623.6 1,653.4 1,835.6 1,717.3 1,627.3 1,540.1 1,551.0 1,497.1 1,445.8 1,454.2 1,437.3 1,405.0 1,313.0 1,348.7 2,566.0 1,222.5 1,238.2 1,154.8 1,179.1 1,088.5 1,038.6 1,091.7 1,110.8 1,035.3 963.2 992.0 985.3 952.9 954.6 897.7
Cost of Revenue 5,983.4 7,110.8 6,430.5 5,215.4 4,905.6 10,110.7 3,987.4 3,865.0 3,975.4 4,242.9 3,944.5 4,210.7 3,653.7 3,935.0 3,767.6 3,531.9 3,116.4 3,363.8 3,324.8 3,063.4 3,048.0 2,996.3 2,942.5 2,818.9 2,422.0 2,856.8 2,379.7 2,564.0 2,337.1 2,481.6 2,313.3 2,152.4 2,139.2 2,428.8 2,047.3 2,241.4 2,061.4 2,568.0 2,236.7 2,267.2 1,941.3 2,135.2 2,261.5 2,105.4 1,758.7 2,140.8 1,985.9 1,830.1 1,678.7 1,905.3 1,642.2 1,731.9 1,536.9 1,808.8 1,591.9 1,569.9 1,505.5 1,587.7 1,635.7 1,439.1 1,368.4 2,867.3 823.5 781.2 722.5 2,659.9 762.1 830.1 835.2 886.5 832.4 816.7 664.8 694.2 665.9 676.2 649.2 686.8 651.0 666.5 601.3 1,226.8 600.9 598.1 555.5 613.7 555.1 546.4 538.5 549.0 503.4 510.2 482.1 493.6 457.9 461.1 422.6
Gross Profit 3,795.0 3,417.4 2,994.4 3,749.1 3,520.6 4,288.4 11,009.4 2,884.4 2,584.8 3,023.0 2,508.7 1,943.9 2,044.6 1,997.2 2,220.1 1,733.5 1,754.0 1,700.0 1,829.1 1,532.5 1,629.4 1,887.9 1,496.0 1,613.6 1,620.3 1,839.8 3,030.9 1,433.9 1,541.4 2,420.8 1,497.5 1,519.9 1,560.4 1,589.5 1,489.1 1,253.2 1,497.4 1,318.0 1,509.1 1,171.4 1,086.6 1,087.9 935.5 717.4 710.0 702.8 837.6 924.0 1,113.2 1,196.6 1,130.2 1,064.3 1,108.2 1,181.9 1,118.7 908.4 1,082.9 1,123.9 957.1 902.4 927.3 1,006.3 1,012.2 988.5 1,029.5 1,013.7 866.9 793.5 818.2 949.1 884.8 810.6 875.3 856.8 831.2 769.7 805.1 750.5 754.0 646.5 747.4 1,339.1 621.6 640.1 599.4 565.4 533.4 492.3 553.1 561.8 531.9 453.0 509.9 491.6 494.9 493.5 475.1
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 6.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 427.6 164.6 766.2 178.3 548.8 936.1 850.0 538.3 727.9 673.0 633.3 696.8 488.5 914.3 544.4 574.7 431.4 788.0 466.6 474.8 404.7 550.9 420.2 398.3 450.7 573.4 450.1 584.4 371.5 289.2 367.5 425.4 450.7 481.4 309.7 448.0 423.6 375.4 452.3 348.2 427.7 364.4 263.8 209.4 (393.1) 444.2 302.3 450.6 319.5 295.3 278.9 330.3 336.0 349.7 397.1 286.9 380.9 329.8 310.0 303.0 501.0 306.0 357.1 362.4 228.5 162.4 412.8 288.4 356.6 1,081.8 347.7 329.5 251.1 425.7 238.2 257.9 88.8 425.1 274.3 55.5 49.9 438.7 221.0 227.2 187.0 264.1 181.3 200.8 169.9 91.2 157.9 168.1 131.9 164.2 148.5 139.8 166.1
Other Expenses 36.7 (47.8) (352.4) 260.3 127.9 5.2 310 153.1 194.9 6,522.0 166.8 217.4 162.8 (3,562.3) 135.8 250.6 177.7 (3,185.5) 118.6 144.1 121.1 (3,155.4) 75.1 117.2 157.5 (4,445.3) 24.5 49.4 30.0 238.1 4.2 23.4 24.6 84.1 34.0 46.7 45.7 0 (6.3) (16.2) 33.2 (4.4) (23.1) 16.1 (32.1) 73.8 16.3 22.7 35.2 68.1 5.1 14.0 35.2 39.8 0 4.5 (8.5) 2.9 0 6.7 (3.1) 69.8 (73.9) (0.6) 114.9 547.4 (118.1) (244.4) (32.9) 340.5 0 0 161.5 (262.4) 132.3 50.2 262.7 (395.3) 154.7 298.5 238.2 (24.0) 112.0 (93.6) 173.6 (520.5) (31.4) 356.9 194.8 (231.3) 318.2 (166.3) 80.4 (2,279.5) 1,308.7 827.8 0
Operating Expenses 464.3 116.9 413.8 438.6 676.7 941.3 1,160.0 691.5 922.8 7,195.0 800.1 914.2 651.4 (2,648.0) 680.3 825.3 609.1 (2,397.5) 585.2 618.9 525.8 (2,604.5) 495.3 515.5 608.1 (3,871.8) 474.7 633.8 401.5 527.3 371.7 448.8 475.3 565.5 343.8 494.7 469.3 219.7 446.0 332.0 460.9 360.0 240.7 225.6 (425.2) 517.9 318.5 473.3 354.7 363.4 284.0 344.3 371.2 389.5 397.1 291.4 372.4 332.8 310.0 309.7 497.9 375.8 283.2 361.9 343.4 709.8 294.7 44.0 323.7 1,422.2 347.7 329.5 412.6 163.3 370.5 308.1 351.5 29.8 429.0 354.0 288.1 414.7 333.0 133.6 360.6 (256.4) 150.0 557.7 364.7 (140.2) 476.1 1.8 212.3 (2,115.3) 1,457.2 967.5 166.1
Operating Income
Operating Income 3,330.7 3,300.5 2,580.6 3,310.5 2,843.9 3,347.1 9,849.4 2,193.0 1,662.1 (4,172.0) 1,708.6 1,029.7 1,393.3 4,645.2 1,539.9 908.2 1,144.9 4,097.6 1,244.0 913.6 1,103.6 4,492.4 1,000.7 1,098.2 1,012.2 5,711.6 (472.3) (629.6) (399.7) 6,473.6 (371.2) (447.9) 1,085.2 5,263.0 (342.7) (493.2) (465.4) 906.7 1,063.1 839.4 (457.9) 3,100.3 (249.4) (233.2) 1,135.1 184.8 (344.6) (479.7) (400.7) 843.7 (284.9) (348.2) 737.0 3,940.2 662.1 639.9 710.6 642.8 634.5 647.7 429.4 1,021.9 687.5 491.5 471.3 772.2 305.6 642.8 399.8 (243.9) 489.6 460.9 462.7 132.5 460.7 461.6 453.6 720.7 325.1 292.5 459.3 941.5 279.9 497.6 230.0 848.1 374.6 (74.2) 179.7 702.0 55.8 451.3 297.6 2,632.1 (970.7) (474.0) 309.0
Interest Expense 1,452.0 3,266.2 161.9 484.7 302.0 1,278.7 463.9 415.4 344.5 985.7 92.3 321.5 76.2 297.7 71.5 60.5 55.4 41.1 50.0 37.0 35.0 34.9 39.6 39.0 45.2 51.1 54.7 53.7 54.0 150.9 104 132.2 159.0 124.1 94.3 104.9 110.9 0 97.7 88.2 194.8 146.1 151.6 93.1 101.8 128.7 96.0 132.6 126.5 146.5 83.6 66.1 195.7 78.6 137.4 403.2 116.1 117.5 44.9 74.2 114.9 172.7 119.6 220.3 276.8 147.7 301.5 159.1 156.9 177.2 450.8 64.1 202.3 0 150.2 86.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 678.1 1,362.8 76.7 328.3 0 0 0 40.3 0 139.0 31.5 68.8 32.7 0 33.7 35.0 28.8 15.3 16.2 11.6 11.9 12.4 10.1 9.2 10.2 8.5 9.5 8.7 11.5 50.6 37.2 59.5 81.0 0 46.0 17.4 8.2 0 20.8 18.8 32.7 0 30.6 41.1 26.0 49.8 28.7 25.6 23.8 52.0 22.5 43.8 93.4 44.6 20.1 71.2 87.6 0 0 119.6 0 103.7 80.8 96.0 63.3 65.8 40.6 56.6 64.0 0 403.3 43.8 52.2 0 32.2 36.3 0 0 0 0 0 0 0 84.7 0 0 0 0 0 157.3 61.4 0 0 0 0 34.6 0
Profitability
EBITDA 4,449.9 3,175.1 3,909.4 3,767.9 3,348.6 3,659.8 10,390.4 2,959.5 2,370.1 2,851.7 2,357.7 1,673.9 1,982.1 1,721.5 2,048.1 1,480.2 1,662.9 1,428.4 1,738.3 1,399.4 1,590.1 1,813.2 1,465.1 1,546.7 1,448.0 1,678.8 2,475.5 1,279.6 1,603.6 2,471.5 1,401.2 693.8 1,318.8 1,096.2 1,490.0 901.7 1,534.3 1,184.2 1,301.7 672.7 1,448.3 1,048.8 958.8 768.4 521.9 466.2 494.4 673.0 973.1 1,076.1 1,017.4 771.8 1,111.0 1,202.2 870.4 888.2 897.1 316.1 815.4 943.5 657.5 928.2 776.7 860.5 817.1 987.5 768.6 963.4 718.3 (918.5) 763.1 784.0 612.9 1,703.6 435.3 388.5 610.9 1,816.8 325.1 443.6 605.9 1,962.7 288.7 497.6 238.8 1,866.3 383.4 (65.5) 188.5 1,664.4 55.8 451.3 297.6 2,579.4 (956.0) (465.4) 309.0
EBIT 3,765.4 2,249.6 3,240.9 3,712.6 2,832.5 3,139.3 9,797.6 2,170.0 1,653.2 2,154.0 1,692.9 1,050.9 1,375.4 1,121.8 1,483.0 882.1 1,118.7 877.5 1,216.1 890.5 1,091.5 1,323.3 974.3 1,079.6 994.6 1,227.5 2,011.6 817.3 1,131.5 2,076.3 1,058.7 366.9 990.9 768.8 1,463.6 583.7 1,202.3 906.7 1,021.5 1,331.9 1,163.7 783.5 687.5 484.3 268.6 85.5 251.2 555.4 712.9 805.4 809.0 575.1 915.8 1,005.9 690.3 711.1 956.7 119.9 647.1 767.3 493.6 815.2 635.5 711.8 674.0 909.9 607.1 801.9 556.6 (1,071.0) 602.8 629.1 676.0 610.7 604.4 547.7 456.8 720.7 325.1 292.5 459.3 924.4 288.7 497.6 238.8 821.7 383.4 (65.5) 188.5 702.0 55.8 451.3 297.6 2,606.9 (962.3) (474.0) 309.0
Income Before Tax 2,313.4 2,752.4 3,240.9 3,227.8 2,250.9 2,554.5 9,333.7 1,754.7 1,323.9 1,286.6 1,277.6 1,056.8 1,132.9 570.6 1,638.2 583.8 1,474.2 565.0 706.5 1,148.0 750.6 1,130.6 661.0 521.6 (972.1) 1,203.4 1,838.6 648.8 991.2 1,925.4 863.5 234.7 888.7 619.7 1,369.3 478.7 1,035.8 1,067.1 886.8 1,211.8 968.8 650.7 (853.3) 639.6 150.5 (43.2) 155.2 422.8 740.0 658.9 725.3 508.9 762.5 927.3 552.7 307.9 753.5 525.3 123.6 693.1 378.7 642.5 687.5 491.5 471.3 762.2 305.6 642.8 399.8 (836.8) 364.2 460.7 473.7 104.4 455.8 460.4 452.6 105.3 326.3 292.0 459.9 478.5 269.2 499.1 229.5 321.4 375.2 (85.2) 179.2 333.8 55.2 449.0 267.9 383.3 (974.2) (482.6) 120.8
Income Tax Expense 597.1 233.1 1,082.3 1,091.9 768.8 296.3 3,221.8 545.2 500.6 100.3 431.4 313.1 385.7 (71.6) 557.2 167.3 498.7 (2.4) 237.9 375.0 253.8 299.1 239.4 143.5 (314.1) 146.4 629.8 194.4 343.9 417.9 298.3 52.8 308.2 7.1 468.8 146.9 361.5 120.2 312.9 414.3 340.0 189.8 (273.1) 302.3 (167.7) (74.6) 63.7 120.3 262.4 68.2 250.4 147.2 266.2 161.9 190.9 15.1 261.6 32.3 55.7 213.5 195.9 86.1 237.7 157.9 180.6 171.1 109.8 178.1 143.6 (5.5) 133.2 100.6 170.0 29.7 72.3 165.3 161.8 23.9 120.0 107.7 122.2 103.5 69.2 152.7 69.9 77.8 130.5 (20.7) 54.4 (66.2) 26.2 117.9 96.3 213.0 (317.8) (152.5) 9.4
Net Income 1,716.3 2,519.2 2,158.6 2,136.0 1,482.1 2,258.2 6,111.9 1,209.5 823.3 1,186.3 846.3 743.7 747.2 642.2 1,081.1 422.5 975.5 567.4 468.5 773.1 496.9 831.5 421.6 378.2 (657.9) 1,057.0 1,208.9 454.4 647.3 1,507.6 565.2 181.9 580.4 612.6 900.5 331.8 674.4 946.9 573.9 797.5 628.8 460.9 (580.1) 337.3 318.2 31.5 91.5 302.4 477.6 590.7 475.0 361.7 496.2 765.4 361.8 292.8 491.9 493.0 68.0 479.6 182.8 556.4 437.0 333.6 299.0 591.1 195.7 464.7 256.2 (831.3) 231.1 360.0 303.7 74.6 382.2 295.5 292.9 72.9 197.4 175.5 328.9 356.9 191.1 337.6 150.9 234.9 235.9 (73.3) 115.9 297.9 29.0 331.1 171.6 221.5 (656.4) (330.1) 111.4
Per Share Data
EPS (Basic) 0.49 0.73 0.63 0.62 0.43 0.66 1.79 0.35 0.24 0.35 0.25 0.22 0.22 0.19 0.32 0.12 0.29 0.17 0.14 0.23 0.15 0.24 0.12 0.11 -0.19 0.31 0.35 0.13 0.19 0.44 0.17 0.05 0.17 0.18 0.26 0.10 0.20 0.28 0.17 0.23 0.18 0.13 -0.17 0.10 0.09 0.01 0.03 0.09 0.14 0.17 0.14 0.11 0.15 0.22 0.11 0.09 0.14 0.14 0.02 0.14 0.05 0.16 0.13 0.10 0.09 0.17 0.06 0.14 0.07 -0.24 0.07 0.11 0.09 0.02 0.11 0.09 0.69 0.02 0.06 0.05 0.10 0.10 0.06 0.10 0.04 0.07 0.07 -0.02 0.03 0.09 0.01 0.10 0.05 0.06 -0.19 -0.10 0.03
EPS (Diluted) 0.49 0.73 0.63 0.62 0.43 0.66 1.79 0.35 0.24 0.35 0.25 0.22 0.22 0.19 0.32 0.12 0.29 0.17 0.14 0.23 0.15 0.24 0.12 0.11 -0.19 0.31 0.35 0.13 0.19 0.44 0.17 0.05 0.17 0.18 0.26 0.10 0.20 0.28 0.17 0.23 0.18 0.13 -0.17 0.10 0.09 0.01 0.03 0.09 0.14 0.17 0.14 0.11 0.15 0.22 0.11 0.09 0.14 0.14 0.02 0.14 0.05 0.16 0.13 0.10 0.09 0.17 0.06 0.14 0.07 -0.24 0.07 0.11 0.09 0.02 0.11 0.09 0.69 0.02 0.06 0.05 0.10 0.10 0.06 0.10 0.04 0.07 0.07 -0.02 0.03 0.09 0.01 0.10 0.05 0.06 -0.19 -0.10 0.03
Shares Outstanding 3,523.4 3,419.6 3,415.5 3,417.5 3,417.6 3,417.5 3,418.3 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,406.9 3,411.0 3,417.5 3,417.5 3,417.5 3,403.1 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.6 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.4 3,417.5 3,417.5 3,417.5 3,417.5 3,417.6 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,420 3,417.7 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5
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
Current Assets
Cash & Cash Equivalents 3,514.5 4,670.5 4,969.0 4,561.0 3,640.2 1,682.6 444.9 2,809.3 412.6 838.5 329.1 283.0 836.5 1,867.5 1,788.8 643.6 491.5 717.9 445.8 55.4 159.6 396.4 25.7 3,366.4 453.0 566.6 2,633.4 2,663.9 2,205.1 3,029.2 3,619.3 2,832.7 2,963.9 2,283.0 2,101 1,367.6 1,983.8 1,886.2 1,415.5 1,374.4 1,431.9 1,639.2 889.9 803.0 1,738.0 1,723.0 1,859.7 1,823.7 1,982.5 1,782.0 1,828.8 1,669.1 2,127.0 1,921.2 1,777.7 1,752.5 2,019.3 2,150.0 2,265.9 2,174.5 2,399.8 1,989.2 1,367.2 1,047.4 852.5 771.0 386.3 1,352.3 801.5 625.7 474.9 352.8 380.2 72.8 447.1 510.6 450.5 328.2 403.5 335.9 646.1 280.2 228.6 882.8 450.7 105.6 298.9 102.9 232.4 281.0 455.9 1,063.3 485.6 462.1 538.3 763.4 333.6
Short-Term Investments 15,450.1 7,703.9 6,680.9 3,364.6 4,496.4 3,699.7 234.3 2,339.5 833.6 2,426.8 276.0 192.6 1,649.3 1,677.9 1,631.9 1,967.9 2,915.2 2,433.4 320.4 537.9 468.5 3,411.1 322.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 90.6 86.9 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 0 392.2 0 0 0 0 0 0 0 155.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 6,309.9 5,982.1 0 5,130.8 4,192.9 5,014.9 753.3 4,217.4 836.1 4,340.2 777.1 780.5 3,282.6 3,511.3 3,212.5 2,955.8 2,972.5 3,144.8 495.1 490.0 441.1 2,394.8 437.3 1,991.5 528.5 633.0 2,369.8 2,418.5 2,626.1 2,475.6 2,243.1 2,287.1 2,287.3 2,186.5 1,873.6 1,864.2 1,918.1 1,855.3 1,733.0 1,578.6 1,825.7 1,393.3 1,297.6 1,196.2 1,104.3 1,085.6 1,218.1 1,156.8 1,086.6 1,184.0 1,096.9 1,106.7 1,253.5 1,108.7 1,103.4 1,269.0 1,402.1 1,418.3 1,264.3 1,120.9 1,422.5 1,217.8 1,259.5 1,294.5 1,347.9 1,318.7 1,286.3 1,250.9 1,308.0 1,344.5 1,321.9 1,268.8 1,412.1 1,555.8 1,621.3 1,533.5 1,609.7 1,510.7 1,566.8 1,483.7 1,417.2 1,361.6 1,401.8 1,345.4 1,200.0 1,031.1 859.6 833.6 884.0 811.7 1,099.8 921.1 985.5 1,028.2 110.2 906.3 935.5
Inventory 124.2 22.1 28.8 24.7 82.9 10.8 18.0 115.9 24.4 86.0 24.1 25.0 117.3 124.2 120.1 122.9 117.5 113.5 19.4 21.7 18.8 104.8 17.3 84.7 13.1 17.5 95.2 120.4 70.6 65.6 66.9 64.8 75.5 85.7 123.2 66.7 64.1 58.0 51.9 49.8 56.7 64.1 56.7 55.3 59.9 66.5 52.9 58.4 54.1 58.4 45.7 52.3 46.6 53.1 39.8 33.4 41.7 44.6 35.8 37.1 34.9 36.1 30.0 31.1 34.7 39.9 37.1 76.8 42.2 47.7 40.2 42.3 45.4 53.1 40.0 39.8 41.6 48.9 33.3 32.0 30.8 36.1 26.0 25.2 24.5 29.6 19.2 20.3 21.2 22.3 21.9 20.0 18.3 22.6 19.0 18.4 19.2
Other Current Assets 232.4 168.7 878.7 153.4 1,089.2 200.8 49.7 279.0 14.9 92.0 16.3 17.0 518.1 103.8 385.2 519.6 503.2 93.3 15.3 23.3 24.8 133.7 0 538.3 0 0 22.5 24.7 26.0 31.9 25.0 13.8 14.1 18.8 15.2 30.6 22.0 24.1 18.4 210.0 204.4 252.3 277.8 321.8 468.1 340.3 274.0 275.7 264.9 229.7 158.1 140.8 11.2 65.0 248.3 90.8 85.0 99.7 97.4 112.8 292.4 347.1 766.0 766.1 387.8 141.5 373.0 202.2 181.3 49.5 167.3 120.3 96.8 150.6 23.3 16.1 49.6 31.2 41.6 22.2 50.3 (131.6) 26.5 30.6 30.2 63.5 71.8 30.4 29.8 42.7 230.7 190.0 224.2 143.4 951.9 154.9 38.9
Total Current Assets 25,631.0 18,547.2 12,557.4 13,234.4 13,501.7 10,608.9 1,500.2 9,761.1 2,121.6 7,783.4 1,422.7 1,298.1 6,403.8 7,284.7 7,138.4 6,209.7 7,000.0 6,503.0 1,295.9 1,128.2 1,112.9 6,440.8 802.8 5,981.0 994.6 1,217.1 5,120.9 5,227.5 4,927.8 5,602.2 5,954.4 5,198.5 5,340.7 4,574.1 4,113.1 3,329.0 3,988.0 3,823.6 3,218.7 3,212.8 3,340.8 3,450.3 2,612.7 2,463.3 3,370.3 3,215.4 3,404.7 3,314.6 3,388.1 3,254.1 3,129.5 2,968.9 3,438.3 3,336.9 3,169.2 3,145.8 3,548.0 3,725.8 3,663.4 3,445.3 4,149.6 3,590.1 3,422.7 3,139.1 2,622.9 2,271.1 2,082.7 4,281.6 2,333.0 2,238.4 2,004.3 1,784.2 1,934.5 2,224.5 2,131.8 2,099.9 2,151.4 1,919.0 2,045.2 1,873.7 2,144.5 1,725.4 1,683.0 2,284.0 1,705.4 1,229.8 1,249.5 987.2 1,167.5 1,157.7 1,808.3 2,194.4 1,713.5 1,592.2 1,619.5 1,843.0 1,327.2
Non-Current Assets
Property, Plant & Equipment 1,111.0 890.3 669.0 640.0 723.5 686.3 94.7 498.4 96.8 592.6 83.6 77.0 423.0 338.9 394.7 381.9 384.1 291.2 50.8 53.3 47.8 268.3 46.1 384.3 61.0 78.2 300.0 284.0 279.1 267.6 246.6 246.7 247.5 255.1 259.7 273.4 284.2 302.4 309.1 324.2 326.6 325.1 299.5 307.4 309.7 304.8 309.4 277.2 237.6 199.5 185.2 190.9 195.3 383.4 401.3 393.7 370.2 356.5 315.4 279.3 259.6 249.6 8,906.9 15,972.8 15,685.6 50.6 15,404.4 15,241.1 15,047.3 14,926.6 14,414.5 14,248.5 14,123.6 14,060.1 13,993.6 13,836.7 13,746.4 13,837.5 14,378.2 14,161.0 14,140.1 13,613.6 13,995.7 14,058.5 13,961.8 14,040.9 14,024.4 14,025.8 14,105.0 14,063.2 13,616.6 13,464.0 13,533.3 13,608.4 13,394.5 13,529.9 13,513.1
Goodwill 0 0 0 0 0 0 0 14.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 50,110.2 50,467.1 45,964.2 45,264.8 62,893.0 44,646.4 7,680.0 44,617.6 8,882.0 43,894.8 8,386.0 8,374.7 39,686.1 39,320.9 37,988.3 36,982.5 36,815.2 36,503.8 6,531.4 7,092.5 6,149.0 34,405.6 5,950.4 33,276.8 6,204.1 8,035.8 31,516.9 30,145.5 28,940.5 29,012.5 34,733.5 34,255.6 33,830.7 33,466.1 32,684.4 32,181.0 31,680.6 31,246.8 30,366.2 29,501.4 28,893.8 28,513.6 28,020.5 27,043.2 26,309.2 25,979.5 25,302.2 24,630.9 24,171.8 23,846.2 23,275.7 22,892.2 22,365.9 21,991.9 21,386.3 20,885.4 20,499.9 20,141.7 19,612.6 19,128.8 18,759.2 18,546.8 9,074.1 1,644.4 1,581.3 17,057.3 1,093.5 1,651.7 837.8 815.4 614.0 578.1 562.1 507.8 491.5 489.2 488.3 495.1 0 0 0 502.5 0 0 0 0 0 0 0 811.7 0 0 0 0 0 0 0
Long-Term Investments 38,097.5 34,212.3 233.2 19,094.6 225.8 18,586.5 4,682.1 192.7 1,838.5 161.9 1,873.9 2,122.6 149.6 110.8 92.9 87.0 85.0 79.4 1,858.7 1,869.3 1,706.9 63.4 1,673.9 59.7 249.1 316.1 63.2 60.8 57.1 44.6 41.8 41.3 40.4 36.9 35.8 34.6 33.0 31.1 29.4 28.8 29.9 28.1 22.8 24.1 22.1 21.2 22.2 23.4 23.3 23.7 22.7 20.9 21.0 769.1 650.8 54.0 52.6 52.6 702.1 748.2 753.5 730.1 1.3 0.7 0.7 673.1 0.7 1.4 0.7 0.7 4.6 0.7 0.7 0.7 0 0 0 0.7 0 0 0 0.7 0 0 0 5.1 0 0 0 0.7 0 0 0 0.7 0 0 0
Other Non-Current Assets 296.4 33.5 36,563.6 10,486.2 8,347.0 6,437.4 23.4 9,391.4 32.9 8,940.2 32.5 37.6 10,264.4 10,152.5 10,379.8 10,292.0 9,810.2 323.7 3.9 4.8 4.7 339.6 5.0 9,037.7 1,546.8 1,901.8 215.6 210.1 245.6 201.2 214.4 183.6 219.2 193.2 1,171.8 1,147.6 1,137.4 1,154.8 1,218.1 1,224.8 1,255.3 1,261.2 1,152.1 1,206.8 1,224.4 624.9 600.3 594.0 841.5 836.8 806.2 910.6 812.6 53.2 154.7 723.8 740.0 759.0 121.3 115.2 103.4 155.5 1,566.0 1,501.5 1,515.2 147.4 1,965.1 18,806.4 2,087.3 1,697.4 2,498.8 2,088.6 1,820.5 1,513.1 1,451.1 1,756.5 1,748.1 1,404.9 1,390.2 1,675.6 1,645.4 1,294.1 1,577.4 1,552.9 1,540.6 1,508.0 1,200.1 1,177.8 1,129.0 245.9 956.7 921.1 923.9 924.6 916.3 1,144.1 921.9
Total Non-Current Assets 92,036.4 87,670.5 83,430.1 75,485.5 72,189.3 70,356.6 12,788.5 54,844.9 11,134.4 53,687.5 10,376.0 10,611.8 50,523.0 49,923.1 48,855.7 47,743.3 47,094.5 46,662.5 8,444.8 9,019.8 7,908.4 43,977.8 7,675.3 42,758.4 8,061.0 10,331.8 40,717.2 38,757.1 38,385.7 37,962.9 36,291.7 35,772.0 35,344.9 34,972.4 34,260.3 33,807.3 33,310.4 32,921.4 32,071.8 31,204.4 30,632.8 30,256.3 29,843.8 28,656.7 28,242.5 27,140.0 26,355.4 25,668.9 25,402.4 25,020.2 24,431.3 24,014.6 23,561.5 23,338.9 22,784.7 22,199.2 21,844.4 21,489.2 20,885.0 20,347.8 19,967.7 19,760.5 20,117.0 19,740.2 19,374.1 17,972.0 18,957.1 36,601.4 18,429.0 17,875.5 17,533.2 16,917.9 16,655.7 16,438.9 16,271.3 16,088.1 15,982.9 16,080.9 16,094.8 15,836.6 15,785.5 15,709.8 15,573.1 15,611.4 15,502.4 15,554.0 15,474.9 15,449.6 15,466.1 15,372.9 14,800.5 14,591.5 14,641.0 14,739.8 14,840.1 14,674.0 14,540.2
Total Assets 117,667.5 106,217.7 95,987.5 88,719.9 85,690.9 80,965.4 14,288.7 64,606.0 13,256.0 61,471.0 11,798.7 11,910.0 56,926.8 57,207.8 55,994.1 53,953.0 54,094.5 53,165.5 9,740.7 10,148.1 9,021.2 50,418.6 8,478.1 48,739.4 9,055.6 11,548.9 45,838.0 43,984.6 43,313.5 43,565.1 42,246.1 40,970.6 40,685.6 39,546.4 38,373.4 37,136.3 37,298.5 36,745.0 35,290.5 34,417.2 33,973.6 33,706.6 32,456.5 31,120.0 31,612.8 30,355.4 29,760.0 28,983.5 28,790.5 28,274.3 27,560.8 26,983.5 26,999.8 26,675.8 25,953.8 25,344.9 25,392.3 25,215.0 24,548.5 23,793.1 24,117.3 23,350.6 23,539.7 22,879.3 21,997.0 20,243.1 21,039.8 40,883.0 20,762.0 20,113.9 19,537.5 18,702.1 18,590.2 18,663.4 18,403.1 18,188.1 18,134.3 18,000.0 18,140.0 17,710.3 17,930.0 17,435.2 17,256.1 17,895.4 17,207.9 16,783.8 16,724.4 16,436.8 16,633.7 16,530.7 16,608.8 16,785.9 16,354.5 16,331.9 16,459.6 16,517.0 15,867.4
Current Liabilities
Account Payables 861.4 2,398.8 1,526.0 1,219.4 1,068.6 766.6 49.4 499.6 98.0 456.2 103.5 53.2 257.7 430.9 289.1 311.7 252.1 236.8 47.2 45.0 44.3 263.7 42.2 397.0 46.7 91.9 325.9 454.1 427.4 466.0 384.5 271.1 310.7 344.9 284.8 384.2 201.7 312.0 257.2 236.6 198.1 248.2 225.8 254.4 238.5 323.5 314.3 249.8 230.7 275.1 217.7 239.4 210.3 295.4 869.6 195.3 207.1 244.7 340.6 361.9 438.1 144.0 390.2 389.6 362.0 435.3 404.6 350.9 323.8 385.7 159.5 122.2 0 165.3 128.5 91.6 89.2 144.2 104.9 88.0 39.1 77.8 58.3 46.8 35.8 51.6 36.4 24.3 26.5 51.9 35.8 24.2 24.3 36.6 25.9 41.2 40.8
Short-Term Debt 4,621.1 4,959.5 5,782.6 3,112.5 2,654.2 2,927.7 479.5 2,419.4 538.1 2,498.0 526.1 529.9 1,871.0 2,129.4 1,669.4 1,685.3 1,671.5 1,724.7 600.8 649.6 570.2 2,969.0 257.7 3,334.5 622.5 699.7 1,536.9 1,457.0 1,425.2 2,084.5 2,087.3 1,952.2 1,859.2 1,729.2 1,369.0 1,326.0 1,430.5 1,231.7 1,532.9 1,595.7 1,461.8 1,514.3 963.8 850.2 1,378.2 1,198.1 701.6 629.8 612.7 640.9 706.0 766.3 839.2 1,342.6 1,316.5 1,325.3 999.6 1,630.0 1,029.3 1,008 1,276.4 1,242.1 1,163.6 1,413.0 955.8 1,009.9 1,619.4 1,614.3 1,289.8 1,448.9 1,386.9 1,131.9 980.1 742.1 732.1 987.3 811.6 852.5 869.8 642.2 790.9 759.0 755.0 1,428.0 1,527.3 1,496.8 1,544.6 1,116.1 977.8 997.0 1,021.5 1,184.3 1,286.4 1,332.5 1,378.9 523.6 414.1
Deferred Revenue 0 0 0 267.2 0 0 0.0 19.5 4.2 22.0 5.3 18.6 0 131.1 0 0 0 2,510.6 30.9 36.1 34.1 2,123.3 37.9 0 0 0 1,719.5 1,806.0 2,437.9 2,351.6 1,629.5 1,702.8 2,460.9 2,386.9 1,772.4 1,929.1 2,556.5 2,517.5 1,689.8 1,783.3 2,014.9 1,601.9 1,477.8 1,518.0 1,650.9 1,620.7 1,427.2 1,384.1 1,916.3 1,841.9 1,569.0 0 2,078.3 1,789.5 221.4 121.2 1,940.3 1,819.7 131.0 156.6 81.5 1,525.4 617.3 556.8 933.9 1,467.3 735.1 2,313.4 1,328.0 1,125.3 700.8 573.3 0 157.0 74.6 75.7 0 359.6 76.7 0 0 294.3 0 0 0 294.2 68.8 63.0 58.9 265.3 9.9 9.9 9.9 9.9 0 0 0
Other Current Liabilities 8,698.9 6,337.9 3,115.3 1,609.7 5,253.9 3,695.8 673.9 2,110.5 870.0 3,143.3 594.3 452.3 2,610.1 2,397.5 1,430.9 1,470.6 2,089.7 (33.1) 345.4 353.2 377.7 247.0 298.0 1,249.2 533.3 634.7 1,193.4 1,268.9 1,528.6 1,688.9 882.2 884.8 1,515.6 1,574.4 957.2 975.0 1,684.5 1,729.9 1,183.0 1,117.7 1,309.0 1,156.3 998.8 1,056.4 1,110.4 1,197.6 832.1 840.4 1,254.2 1,294.4 1,024.0 1,697.3 846.9 1,030.2 962.0 974.4 1,167.7 1,208.6 1,036.8 737.8 780.8 1,312.5 987.3 868.5 843.0 812.5 825.0 4,223.2 637.3 580.9 648.2 594.8 1,290.0 582.3 1,292.2 968.3 1,137.5 335.3 906.6 932.1 982.9 631.8 785.6 673.0 606.2 330.2 423.1 417.7 605.9 459.6 655.0 647.3 749.9 480.5 756.5 967.9 938.7
Total Current Liabilities 14,739.3 16,544.6 14,534.6 10,462.4 12,412.1 11,972.2 1,317.3 7,084.8 1,729.6 8,407.8 1,425.2 1,337.1 6,163.8 6,657.3 4,836.7 4,775.7 5,214.7 5,092.9 1,126.4 1,182.2 1,099.3 5,900.1 748.3 6,680.8 1,340.1 1,604.3 4,355.1 4,450.5 4,874.8 5,398.6 4,484.1 4,254.9 4,968.7 4,771.9 3,724.8 3,814.2 4,369.4 4,302.5 3,887.3 3,845.8 3,959.2 3,740.3 2,991.0 2,892.1 3,560.6 3,480.6 2,630.8 2,452.3 2,967.8 2,972.4 2,716.1 2,703.0 3,390.2 3,797.4 3,626.8 3,392.2 3,388.4 3,968.7 2,956.4 2,922.9 3,675.5 3,506.1 3,140.0 3,227.8 3,094.7 3,081.1 3,539.5 6,527.0 3,036.3 3,016.9 2,827.0 2,351.4 2,270.1 2,454.7 2,227.5 2,123.0 2,038.3 2,101.9 1,958.0 1,662.3 1,813.0 1,692.0 1,599.0 2,147.8 2,169.3 2,100.9 2,072.9 1,621.0 1,669.1 1,728.3 1,722.2 1,865.7 2,070.5 2,021.3 2,161.3 1,532.8 1,393.6
Non-Current Liabilities
Long-Term Debt 46,079.8 34,912.2 28,918.1 27,736.4 24,529.5 21,862.6 3,845.4 19,357.4 3,785.9 16,586.8 3,194.7 3,278.5 15,992.1 16,370.1 16,623.6 15,554.9 15,452.8 15,475.9 2,607.4 2,545.5 2,367.3 13,815.0 2,394.9 12,539.2 2,085.5 2,468.3 11,480.3 10,788.8 10,092.4 10,499.6 11,072.1 10,667.7 10,057.1 9,810.2 9,959.8 9,744.7 9,756.8 10,180.0 10,274.6 10,191.1 10,190.9 11,072.4 11,147.5 9,737.5 10,468.8 9,105.0 9,131.1 8,754.6 8,354.4 8,426.6 8,014.4 8,260.2 7,709.2 7,486.2 7,269.6 7,244.4 7,295.7 6,966.3 7,646.6 7,105.9 7,207.1 7,022.5 6,496.3 6,019.5 5,610.1 5,548.0 4,454.7 9,522.3 5,384.7 5,414.3 4,749.6 4,669.6 4,711.5 4,943.1 5,016.6 5,074.3 5,339.1 5,474.3 5,572.4 5,776.2 6,013.9 5,905.2 5,877.8 6,075.4 5,781.9 5,553.8 5,756.6 6,200.3 6,279.5 6,267.3 6,360.4 6,619.1 6,387.4 6,593.0 6,821.0 6,765.2 5,864.6
Deferred Tax Liabilities 5,418.9 5,195.5 3,854.7 4,075.7 0 3,779.7 795.9 176.4 295.1 164.1 14.4 21.1 0 189.3 0 0 0 443.2 49.1 58.1 51.6 0 74.5 0 67.0 107.9 0 0 0 261.2 113.3 128.6 53.4 36.8 39.8 39.7 39.8 138.1 137.0 133.5 52.4 132.9 49.4 48.6 129.1 129.4 47.5 46.9 45.1 129.8 57.8 0 60.1 123.7 117.5 0 118.7 114.1 113.0 114.1 113.6 0 169.2 162.6 157.7 0 152.0 294.0 0 141.5 137.9 132.1 0 159.9 154.4 152.1 147.2 146.9 0 0 0 133.4 0 0 0 130.1 125.5 127.8 117.6 121.1 85.2 80.7 78.8 75.9 227.3 0 250.3
Other Non-Current Liabilities 7,407.1 7,065.7 5,744.0 5,675.1 10,107.4 6,161.0 1,317.8 5,878.4 1,242.3 6,109.7 1,177.3 1,247.0 6,363.1 6,302.7 6,811.3 6,965.9 7,122.3 6,759.3 1,373.8 1,476.1 1,291.5 7,500.6 1,322.6 7,812.1 1,417.1 1,851.1 7,728.4 7,558.3 7,547.1 7,565.6 7,352.5 7,276.6 7,017.7 6,907.3 6,885.6 6,676.7 6,539.0 6,305.7 5,604.3 5,248.9 4,949.8 4,654.4 4,448.0 4,058.5 3,960.8 3,991.8 3,788.0 3,682.4 3,661.0 3,562.0 3,956.0 3,985.9 432.1 3,460.9 3,535.6 3,665.8 740.3 3,442.9 3,489.1 583.7 557.4 3,140.2 1,132.4 1,305.7 432.8 3,175.4 1,159.0 634.4 1,592.4 (5,555.8) (4,887.6) (4,801.7) (4,711.5) 103.7 1,237.5 1,236.3 1,264.4 937.2 1,439.6 1,396.4 1,381.9 945.4 1,328.9 1,284.9 1,216.8 825.3 940.4 909.0 884.0 691.5 789.0 661.0 450.4 327.0 317.3 528.2 351.0
Total Non-Current Liabilities 59,641.6 47,293.2 38,742.6 37,813.4 34,880.9 32,065.1 6,010.3 25,724.2 5,397.1 23,205.7 4,460.9 4,613.6 22,682.3 23,216.9 23,802.2 22,903.1 22,972.5 23,140.7 4,116.9 4,175.5 3,794.6 21,724.8 3,880.5 20,783.6 3,670.9 4,566.2 19,681.1 18,941.0 18,239.7 18,614.8 18,975.0 18,493.9 17,623.4 17,261.6 17,385.4 16,959.5 16,835.5 17,023.3 15,878.9 15,440.0 15,669.0 16,249.7 16,107.8 14,290.0 14,429.6 13,570.5 13,369.7 12,863.3 12,414.3 12,371.1 12,335.3 12,246.0 11,856.6 11,162.8 10,922.8 10,910.2 10,966.1 10,700.4 11,248.7 10,594.7 10,577.2 10,162.7 8,798.0 8,499.7 8,084.1 8,723.4 6,230.2 12,617.2 6,977.1 5,557.7 4,887.6 4,801.7 4,711.5 6,424.6 6,408.5 6,462.7 6,750.7 6,879.5 7,012.0 7,172.6 7,395.8 7,260.7 7,206.7 7,360.2 6,998.7 6,731.3 6,822.4 7,237.0 7,281.1 7,225.4 7,234.6 7,360.9 6,916.6 7,064.2 7,365.6 7,293.4 6,465.9
Total Liabilities 74,381.0 63,837.8 53,277.2 48,275.8 47,293.0 44,037.4 7,327.5 32,809.0 7,126.7 31,613.6 5,886.0 5,950.7 28,846.0 29,874.2 28,638.8 27,678.8 28,187.1 28,233.6 5,243.4 5,357.7 4,893.9 27,624.9 4,628.7 27,464.4 5,011.0 6,170.5 24,036.2 23,391.6 23,114.5 24,013.4 23,459.1 22,748.8 22,592.2 22,033.4 21,110.2 20,773.7 21,204.9 21,325.8 19,766.2 19,285.7 19,628.2 19,990.0 19,098.8 17,182.1 17,990.2 17,051.0 16,000.6 15,315.6 15,382.1 15,343.5 15,051.4 14,949.0 15,246.8 14,960.2 14,549.6 14,302.5 14,354.5 14,669.1 14,205.0 13,517.6 14,252.7 13,668.8 11,938.0 11,727.4 11,178.8 11,804.5 9,769.7 19,144.2 10,013.4 10,566.0 9,058.9 8,454.8 8,502.5 8,879.4 8,636.0 8,585.7 8,789.0 8,981.5 8,970.0 8,834.9 9,208.8 8,952.6 8,805.7 9,508.0 9,168.0 8,832.2 8,895.3 8,858.1 8,950.2 8,953.7 8,956.8 9,226.5 8,987.1 9,085.5 9,527.0 8,826.2 7,859.6
Stockholders' Equity
Common Stock 21,117.0 21,199.4 18,400 18,400 18,400 15,000 2,754.4 15,000 2,996.7 15,000 2,996.9 3,109.5 15,000 15,000 15,000 15,000 15,000 15,000 2,752.8 2,989.3 2,658.2 15,000 2,661.2 15,000 2,892.1 3,728.8 15,000 15,000 15,000 15,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 6,203.7 6,203.7 6,203.7 6,203.7 6,203.7 6,203.7 6,203.7 0 0 6,203.7 0 0 0 6,203.7 0 0 0 0 0 12,177.8 0 0 0 0 0 0 0 0 3,379.6 0 0 0 0 0 3,403.6 3,422.5 3,392.4 65.3 3,408.8 3,402.7 3,417.1 50.5 3,416.8 3,388.5 3,398.5 49.5 3,366.7 3,412.3 3,406.9
Retained Earnings 1,249.1 0 18,253.6 3,618.1 18,247.7 21,647.7 0 2,032.8 164.5 14,711.0 467.0 309.1 12,903.1 76.9 12,308.9 11,227.9 10,861.0 9,885.5 319.0 253.1 88.0 8,194.7 0 7,187.2 0 0 2,310.5 1,101.7 647.3 5,100.8 1,327.5 762.3 580.4 8,051.1 1,906.7 1,006.2 674.4 6,244.9 2,000.2 1,426.3 628.8 4,070.0 75.3 655.5 318.2 3,694.2 871.5 780.0 477.6 6,736.4 1,332.8 6,165.3 496.2 5,387.6 5,076.3 4,714.5 0 4,218.0 4,015.5 0 0 3,353.9 1,109.9 680.9 329.6 2,110.6 2,756.5 3,752.2 2,189.3 967.0 1,875.7 1,622.9 3,916.2 0 770.3 631.1 3,151.9 3,080.6 645.9 420.0 222.8 2,470.3 555.1 429.1 135.0 1,863.4 318.8 60.2 99.6 1,398.8 480.8 423.4 184.4 935.3 (907.4) (277.7) 0
Accumulated Other Comprehensive Income 21,268.4 21,655.6 6,056.6 18,426.1 1,750.2 280.3 4,206.7 14,764.3 2,968.2 146.4 2,448.8 2,540.8 177.6 12,333.5 46.4 46.4 46.4 9,931.9 1,425.5 1,547.9 1,381.1 7,793.7 1,188.1 (912.2) 1,152.6 1,649.6 5,040.5 5,040.5 5,100.8 4,551.7 7,997.6 7,997.6 7,513.0 7,513.0 6,182.1 6,182.1 5,419.2 5,419.2 3,524.1 3,705.2 3,716.6 3,716.6 3,672.1 3,282.4 3,304.4 3,304.4 2,887.9 2,887.9 6,727.1 6,727.1 4,972.9 (334.6) 5,053.1 5,511.9 0 0 0 4,341.3 0 0 0 0 0 0 0 0 0 2,331.6 0 0 0 0 0 6,256.1 0 0 0 2,427.5 0 0 0 2,529.8 0 0 0 2,619.2 0 0 0 2,723.7 0 0 0 2,858.0 0 0 0
Total Stockholders' Equity 43,164.9 42,379.8 42,710.3 40,444.1 38,397.9 36,928.1 6,961.1 31,797.1 6,129.3 29,857.4 5,912.6 5,959.3 28,080.7 27,333.5 27,355.3 26,274.2 25,907.4 24,931.9 4,497.4 4,790.3 4,127.3 22,793.7 3,849.3 21,275.0 4,044.6 5,378.4 21,801.9 20,593.0 20,199.0 19,551.7 18,787.0 18,221.8 18,093.4 17,513.0 17,263.2 16,362.7 16,093.6 15,419.2 15,524.3 15,131.5 14,345.4 13,716.6 13,357.8 13,937.9 13,622.6 13,304.4 13,759.4 13,667.9 13,408.4 12,930.8 12,509.4 12,034.4 11,753.0 11,715.6 11,404.2 11,042.5 11,037.8 10,545.9 10,343.4 10,275.5 9,864.6 9,681.8 11,601.7 11,151.9 10,818.2 8,438.6 11,270.1 21,738.8 10,748.6 9,547.9 10,478.6 10,247.3 10,087.7 9,784.0 9,767.1 9,602.4 9,345.2 9,018.5 9,170.0 8,875.4 8,721.2 8,482.5 8,450.4 8,387.3 8,039.9 7,951.6 7,829.1 7,578.7 7,683.5 7,576.9 7,652.0 7,559.4 7,367.4 7,246.5 6,932.7 7,690.8 8,007.8
Total Liabilities & Equity 117,667.5 106,217.7 95,987.5 88,719.9 85,690.9 80,965.4 14,288.7 64,606.0 13,256.0 61,471.0 11,798.7 11,910.0 56,926.8 57,207.8 55,994.1 53,953.0 54,094.5 53,165.5 9,740.7 10,148.1 9,021.2 50,418.6 8,478.1 48,739.4 9,055.6 11,548.9 45,838.0 43,984.6 43,313.5 43,565.1 42,246.1 40,970.6 40,685.6 39,546.4 38,373.4 37,136.3 37,298.5 36,745.0 35,290.5 34,417.2 33,973.6 33,706.6 32,456.5 31,120.0 31,612.8 30,355.4 29,760.0 28,983.5 28,790.5 28,274.3 27,560.8 26,983.5 26,999.8 26,675.8 25,953.8 25,344.9 25,392.3 25,215.0 24,548.5 23,793.1 24,117.3 23,350.6 23,539.7 22,879.3 21,997.0 20,243.1 21,039.8 40,883.0 20,762.0 20,113.9 19,537.5 18,702.1 18,590.2 18,663.4 18,403.1 18,188.1 18,134.3 18,000.0 18,140.0 17,710.3 17,930.0 17,435.2 17,256.1 17,895.4 17,207.9 16,783.8 16,724.4 16,436.8 16,633.7 16,530.7 16,608.8 16,785.9 16,354.5 16,331.9 16,459.6 16,517.0 15,867.4
Debt Metrics
Total Debt 50,817.4 39,991.4 34,926.4 31,283.5 27,638.3 25,258.3 4,376.1 22,273.2 4,395.4 19,536.3 3,792.8 3,872.9 18,295.9 18,958.7 18,778.5 17,726.6 17,628.1 17,723.8 3,286.9 3,282.5 3,014.5 17,258.6 2,727.0 16,387.4 2,794.6 3,281.3 13,667.0 12,906.3 12,180.8 13,152.8 13,727.0 13,186.2 12,482.5 12,101.0 11,887.8 11,624.8 11,741.5 11,964.1 11,989.0 11,786.8 12,193.2 13,121.6 12,633.6 11,091.4 11,847.0 10,785.8 10,292.1 9,818.7 9,373.9 9,450.1 9,085.2 9,026.5 8,829.6 9,069.3 8,586.1 8,569.7 8,295.3 8,596.3 8,675.9 8,113.9 8,483.5 8,264.6 7,659.9 7,432.4 6,565.9 6,558.0 6,074.1 12,691.2 6,674.5 6,865.1 6,136.5 5,801.4 5,691.6 5,685.2 5,748.7 6,061.6 6,150.7 6,326.7 6,442.2 6,418.4 6,804.9 6,664.2 6,632.8 7,503.4 7,309.2 7,050.7 7,301.2 7,316.3 7,257.3 7,264.3 7,381.8 7,803.5 7,673.8 7,925.5 8,199.9 7,288.8 6,278.7
Net Debt 47,303.0 35,321.0 29,957.4 26,722.5 23,998.2 23,575.7 3,931.2 19,463.9 3,982.8 18,697.9 3,463.7 3,589.9 17,459.5 17,091.2 16,989.7 17,083.0 17,136.6 17,005.9 2,841.1 3,227.2 2,855.0 16,862.2 2,701.2 13,021.0 2,341.6 2,714.7 11,033.6 10,242.4 9,975.7 10,123.6 10,107.7 10,353.5 9,518.6 9,817.9 9,786.8 10,257.2 9,757.6 10,077.9 10,573.5 10,412.4 10,761.3 11,482.4 11,743.6 10,288.4 10,109.1 9,062.8 8,432.4 7,995.0 7,391.5 7,668.1 7,256.4 7,357.4 6,702.5 7,148.1 6,808.4 6,817.3 6,276.0 6,446.3 6,410.0 5,939.3 6,083.6 6,275.4 6,292.8 6,385.1 5,713.3 5,787.0 5,687.8 11,338.9 5,873.0 6,239.4 5,661.6 5,448.6 5,311.4 5,612.4 5,301.6 5,551.0 5,700.2 5,998.5 6,038.7 6,082.5 6,158.8 6,384.0 6,404.2 6,620.6 6,858.4 6,945.1 7,002.3 7,213.5 7,024.9 6,983.2 6,926.0 6,740.2 7,188.2 7,463.4 7,661.5 6,525.4 5,945.1
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
Operating Activities
Net Income 1,716.3 2,982.2 2,158.6 2,136.0 1,482.1 1,230.6 6,111.9 1,209.5 1,323.9 1,286.6 1,277.6 743.7 1,132.9 122.2 1,638.2 422.5 1,474.2 567.4 468.5 773.1 750.6 831.5 421.6 378.2 (977.3) 1,057.0 1,838.6 648.8 991.2 1,925.4 863.5 234.7 888.7 619.7 1,369.3 478.7 1,035.8 1,061.7 886.8 1,211.8 968.8 650.7 (853.3) 639.6 150.5 (43.2) 155.2 422.8 740.0 658.9 725.3 508.9 762.5 765.4 361.8 292.8 491.9 493.0 68.0 479.6 182.8 556.4 449.8 333.6 290.6 591.1 305.6 786.3 256.2 (831.3) 231.1 360.0 303.7 74.6 386.4 296.8 290.8 72.9 202.7 174.4 328.9 187.1 188.4 338.9 150.9 234.9 236.0 (73.8) 115.9 297.9 33.2 330.6 171.6
Depreciation & Amortization 684.4 546.8 535.1 543.4 583.6 520.5 592.9 789.4 773.8 749.2 713.5 670.8 657.1 123.5 613.7 598.2 589.7 593.3 564.9 553.1 542.1 526.8 528.2 498.5 483.6 480.7 464.0 424.5 410.9 395.1 342.5 327.0 327.9 327.4 324.5 318.0 331.9 287.6 280.2 294.2 284.7 265.3 271.3 284.1 253.3 278.4 243.2 222.6 260.3 270.8 208.4 196.8 195.2 196.3 180.2 177.0 186.6 196.2 168.2 176.2 228.1 112.9 144.4 151.0 143.8 77.6 161.5 161.5 161.7 152.4 160.3 154.9 150.1 1,092.9 (157.8) (159.5) (153.0) 1,096.1 (156.2) (150.6) (147.2) 1,038.3 (145.6) (151.7) (145.0) 1,044.6 (153.0) (148.6) (144.1) 962.4 (129.7) (134.8) (133.4)
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (1,578.8) 2,887.4 1,408.2 (832.0) 96.2 (603.4) 568.7 (217.5) (631.6) (193.2) (185.4) (676.7) (1,409.1) (29.5) (584.0) (427.2) (850.6) (541.3) (272.8) (290.0) (295.4) (376.4) (499.5) 70.9 (394.5) (370.0) 118.6 (57.6) (412.0) (424.5) 182.4 (143.1) (477.1) 72.7 (337.4) (316.1) (387.5) 2.0 (39.2) 70.7 (205.3) (199.3) 4.5 (63.3) (70.5) (81.4) (2.4) 63.0 (81.6) (223.6) (184.5) (4.3) (187.7) (253.6) (565.3) 116.5 (303.8) (77.2) 1,170.9 (1,092.2) (339.4) 146.9 (267.1) (429.4) (130.2) 919.6 (262.4) (944.7) 134.4 (217.8) (76.0) (277.8) (42.9) (267.8) (138.8) (96.4) (206.4) 380.6 (177.9) 9.8 (212.5) (32.8) (120.8) (132.2) (205.3) (234.5) (196.3) (18.8) (211.4) (551.3) (202.8) 194.0 (55.0)
Other Non-Cash Items (66.5) (5,509.6) (928.6) 1,333.2 (1,061.3) 1,516.6 (5,703.3) (8.8) (68.6) 14.7 (173.6) 379.9 14.3 51.5 (862.7) 553.6 (596.6) 46.4 514.1 (107.6) 47.3 108.6 563.2 738.1 2,076.7 3.9 (1,230.9) 229.8 (400.2) (1,141.2) (254.1) 873.1 (77.5) (57.2) (504.3) 242.8 (216.7) (376.5) (474.0) (934.3) (315.6) 71.6 1,495.3 (401.7) 143.2 319.4 333.0 (237.3) (111.9) (86.9) 3.9 60.2 (126.6) (243.3) 588.4 292.2 53.1 204.5 (821.4) 1,238.0 441.8 31.6 168.7 100.1 279.9 (1,140.0) 351.1 313.6 156.3 1,127.5 382.2 60.5 330.8 (916.4) 493.7 419.4 431.5 335.1 458.1 366.9 378.2 (879.2) 284.5 296.4 283.1 11.4 297.7 286.8 279.8 (122.5) 252.6 262.9 260.4
Operating Cash Flow 755.4 906.8 3,173.3 3,180.6 1,100.5 2,664.4 1,570.1 1,772.6 1,397.4 1,857.3 1,632.0 1,117.7 395.3 267.7 805.3 1,147.0 616.8 665.9 1,274.8 928.5 1,044.5 1,090.5 1,013.4 1,685.7 1,188.5 1,171.7 1,190.2 1,245.5 589.8 754.9 1,134.3 1,291.7 662.0 962.7 852.2 723.4 763.6 974.8 653.8 642.4 732.6 788.4 917.8 458.7 476.5 473.3 729.0 471.1 806.9 619.2 753.1 761.5 643.3 464.8 565.1 878.5 427.8 816.5 585.7 801.6 513.3 847.8 495.8 155.3 584.1 448.3 555.7 316.8 751.7 654.7 669.5 484.3 719.5 504.6 673.6 566.8 470.6 1,407.6 510.0 601.4 460.1 551.2 476.2 374.2 353.3 168.9 277.7 537.3 343.2 215.6 380.0 409.9 466.7
Investing Activities
Capital Expenditure (33.3) (4,078.4) 0 60.7 (60.7) (38.0) (26.2) 15.9 (15.9) (59.0) (48.0) (9.3) (31.0) (6.4) (17.7) (14.2) (8.6) (22.9) (14.5) (4.5) (8.3) (16.6) (5.1) (11.1) (403.2) (22.0) (27.6) (701.8) (228.3) (793.5) (575.7) (581.3) (232.8) (730.5) (565.0) (149.7) (531.5) (680.1) (582.2) (459.6) (413.9) (573.3) (668.0) (682.4) (528.4) (829.0) (737.1) (664.3) (517.9) (777.8) (550.3) (552.1) (455.6) (646.6) (495.3) (466.1) (425.6) (772.0) (594.1) (483.6) (361.4) (582.4) (483.7) (427.0) (408.5) (623.4) (595.5) (433.6) (330.0) (599.4) (420.5) (302.7) (232.7) (319.8) (252.1) (204.7) (105.2) 0 (214.4) (203.7) (127.7) (247.7) (170.6) (141.2) (100.8) (132.7) (150.6) 0 0 (627.4) (160.6) (113.2) (108.2)
Acquisitions (1,022.1) 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 (124.7) 0 0 0 0
Purchases of Investments (18,627.4) (11,395.1) 0 0 0 (1,293.8) 0 0 0 0 0 0 0 (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (10.7) 0 0 0 (0.7) 0 0 0 0 0 0 0 0 (2.5) 0 0 0 0.0 (0.0) (0.0) (0.0) 0.0 (0.0) (0.0) (0.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 11,351.5 10,735.0 0 0 0 (1,119.3) 0 0 0 0 331.3 0 0 (16.8) 0 0 0 0 0 0 781.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (7.8) 14.0 (6,472.0) (3,093.8) (1,413.4) (2,011.1) (3,878.9) 660.5 (2,268.9) (2,862.2) (1,651.6) (130.9) (552.6) 0 (628.6) 39.2 (1,094.1) (1,828.8) (50.1) (864.3) (651.3) (2,564.2) (2,904.1) (864.0) (0.3) (1,169.6) (1,125.5) 12.2 5.9 (7.4) (11.2) 8.4 4.8 (3.6) 15.4 (8.6) 2.1 (5.6) 8.2 (0.1) 2.6 3.3 (9.4) 3.2 (2.1) 0.8 (0.1) 76.6 (86.7) 0.1 2.0 (1.3) 53.5 6.0 19.8 (5.8) 14.7 (2.4) 15.4 179.6 10.2 (189.2) (0.6) (365.9) (24.1) 16.1 0 2.3 0 3.8 (3.8) 0 0 0 0 0 0 2,076.7 3.0 (0.0) 2.2 (0.0) (0.0) (0.0) (0.0) (202.9) 1.0 (194.1) 0.1 (216.2) (3.3) (1.5) (2.5)
Investing Cash Flow (13,267.9) (4,724.5) (6,472.0) (3,033.0) (1,474.1) (4,462.1) (3,905.1) 676.4 (2,284.8) (2,921.2) (1,408.5) (140.3) (583.6) (221.8) (646.3) 25 (1,102.7) (1,851.7) (64.6) (868.8) 121.9 (2,580.8) (2,909.2) (875.1) (403.5) (1,191.5) (1,153.1) (689.5) (233.1) (800.8) (586.9) (572.9) (228.7) (734.1) (549.7) (158.3) (529.4) (685.8) (573.9) (459.7) (411.3) (572.6) (677.4) (679.2) (530.2) (828.1) (737.2) (587.8) (604.6) (777.6) (548.3) (553.4) (402.2) (640.5) (475.4) (471.9) (410.8) (774.3) (578.7) (304.0) (351.2) (771.6) (484.3) (427.0) (408.5) (607.2) (595.5) (431.3) (330.0) (595.5) (424.3) (302.7) (232.7) (319.8) (252.1) (204.7) (105.2) 2,076.7 (211.4) (203.8) (125.5) (247.8) (170.7) (141.2) (100.8) (335.6) (149.6) (194.1) (124.6) (843.6) (163.9) (114.7) (110.7)
Financing Activities
Net Debt Issuance 12,092.2 4,308.1 3,915.2 3,306.6 2,510.3 856.7 2,082.0 (593.9) 2,279.7 484.4 200.5 509.7 (594.6) (12.5) 1,147.9 (249.9) 423.2 (294.7) 1,094.8 (263.0) (510.8) 1,937.0 (1,153.8) 1,300.7 (550.4) (208.1) 178.7 1,047.0 103.8 (429.2) 274.8 142.4 261.4 (30.7) 439.4 27.6 (128.5) 189.5 10.3 195.7 174.7 546.0 (46.6) (596.2) 107.8 207.3 51.7 782.4 13.5 197.7 128.9 68.0 1,194.8 (898.0) 99.7 85.4 810.3 0 285.0 357.3 983.6 578.8 308.3 1,872.4 153.3 563.0 (261.5) 287.2 (245.9) 98.5 27.4 324.0 (163.4) (164.0) (463.3) (188.9) (240.8) 1,608.5 (231.7) (558.2) 39.9 (1,394.9) (953.6) 261.6 95.5 (158.5) (0.8) (277.7) (266.9) 837.1 (932.6) 394.8 (328.4)
Stock Repurchased (121.1) 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
Dividends Paid 0 0 0 (2,363.8) 0 0 (0.1) (928.8) 0 0 0 (823.7) 0 1.2 0 (603.5) 0 0 0 (254.2) 0 0 (0.0) (890.1) 0 (0.0) 0 (740.0) (0.0) 0 0 (653.4) 0 0 0 (765.9) 0 0 (0.0) (139.4) 0 (0.0) (95.1) (107.0) 0 (0.0) (0.0) (467.4) 0 0 (0.0) (498.6) 0 (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (408.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (560.6) (796.2) (208.5) (169.5) (179.2) 230.3 (163.1) (136.3) (211.4) (174.9) (157.5) (172.8) (248.2) (21.4) (161.7) (166.5) (163.8) (203.6) (152.9) (157.0) (187.5) (164.1) (202.9) (178.2) (164.4) (152.2) (246.3) (404.2) (1,284.6) (114.9) (35.7) (338.9) (13.9) (15.9) (8.5) (443.0) (8.1) (7.7) (49.1) (435.9) (703.4) (12.5) (106.9) (118.2) (39.0) 10.8 (7.5) (357.0) (15.3) (86.0) (174.0) (734.0) (1,224.9) 1,217.2 (164.2) (753.3) (957.9) (158.1) (200.6) (1,080.2) (735.0) (33.0) 0 (1,405.6) (247.2) (20.7) 0 (285.3) 0 (6.8) (14.4) (279.5) 0 (1.8) (19.0) (114.0) (0.0) 744.9 (2.3) (148.7) (9.4) 1,143.0 (5.5) (63.4) (2.5) (48.6) 68.2 (193.8) (1.4) (295.0) 105.2 (110.9) (3.5)
Financing Cash Flow 11,410.6 3,511.9 3,706.7 773.3 2,331.2 1,087.0 1,918.9 (1,659.0) 2,068.3 309.5 43.0 (486.7) (842.8) (32.7) 986.2 (1,020.0) 259.4 (498.3) 941.9 (674.2) (698.4) 1,772.9 (1,356.8) 232.4 (714.9) (360.3) (67.6) (97.2) (1,180.8) (544.1) 239.1 (849.9) 247.5 (46.6) 430.9 (1,181.3) (136.6) 181.8 (38.8) (240.2) (528.7) 533.5 (153.5) (714.4) 68.8 218.1 44.2 (42.0) (1.8) 111.6 (45.1) (666.1) (30.1) 319.2 (64.5) (673.3) (147.6) (158.1) 84.4 (722.9) 248.6 545.7 308.3 466.5 (94.1) 542.4 (261.5) 1.9 (245.9) 91.6 (123.1) (209.1) (571.6) (165.8) (486.6) (303.9) (240.8) 2,353.3 (234.0) (706.9) 30.5 (251.9) (959.1) 198.2 93.0 (207.1) 67.4 (471.5) (268.3) 542.1 (827.4) 283.9 (331.9)
Cash Position
Net Change in Cash (883.9) (305.8) 408.0 920.9 1,957.5 (710.7) (416.1) 790.0 1,180.9 (754.4) 266.5 490.7 (1,031.0) 23.1 1,145.2 152.1 (226.4) (1,684.1) 2,152.1 (614.5) 468.1 282.6 (3,252.6) 1,043.0 70.2 (380.2) (30.5) 458.8 (824.1) (590.1) 786.5 (131.1) 680.8 182.0 733.4 (616.2) 97.6 470.8 41.1 (57.5) (207.3) 749.3 86.9 (934.9) 15.0 (136.7) 36.0 (158.8) 200.5 (46.8) 159.7 (457.9) 211.1 143.5 25.2 (266.8) (130.7) (115.9) 91.4 (225.3) 410.7 622.0 319.8 194.8 81.5 387.1 (305.0) (112.6) 175.8 150.8 122.1 (27.4) (84.8) 17.9 (63.5) 60.1 124.6 2,353.3 67.6 (310.2) 365.1 51.5 (654.2) 432.1 345.5 (207.1) 196.0 (129.5) (49.7) 542.1 (607.4) 577.7 24.1
Cash at Beginning 4,398.3 4,969.0 4,561.0 3,640.2 1,682.6 2,393.3 2,809.4 2,019.4 838.5 1,592.9 1,327.2 836.5 1,867.5 337.7 643.6 491.5 717.9 2,402.0 249.9 864.5 396.4 113.8 3,366.4 2,323.4 2,253.2 2,633.4 2,663.9 2,205.1 3,029.2 3,619.3 2,832.7 2,963.9 2,283.0 2,101 1,367.6 1,983.8 1,886.2 1,415.5 1,374.4 1,431.9 1,639.2 889.9 803.0 1,738.0 1,723.0 1,859.7 1,823.7 1,982.5 1,782.0 1,828.8 1,669.1 2,127.0 1,916.0 1,777.7 1,752.5 2,019.3 2,150.0 2,265.9 2,174.5 2,399.8 1,989.2 1,367.2 1,047.4 852.5 771.0 383.9 688.9 801.5 625.7 474.9 352.8 380.2 465.0 447.1 510.6 450.5 325.9 0 335.9 646.1 281.0 228.6 882.8 450.7 105.2 0 102.9 232.4 282.1 0 1,063.3 485.6 461.4
Cash at End 3,514.5 4,663.2 4,969.0 4,561.0 3,640.2 1,682.6 2,393.3 2,809.4 2,019.4 838.5 1,593.7 1,327.2 836.5 360.8 1,788.8 643.6 491.5 717.9 2,402.0 249.9 864.5 396.4 113.8 3,366.4 2,323.4 2,253.2 2,633.4 2,663.9 2,205.1 3,029.2 3,619.3 2,832.7 2,963.9 2,283.0 2,101 1,367.6 1,983.8 1,886.2 1,415.5 1,374.4 1,431.9 1,639.2 889.9 803.0 1,738.0 1,723.0 1,859.7 1,823.7 1,982.5 1,782.0 1,828.8 1,669.1 2,127.0 1,921.2 1,777.7 1,752.5 2,019.3 2,150.0 2,265.9 2,174.5 2,399.8 1,989.2 1,367.2 1,047.4 852.5 771.0 383.9 688.9 801.5 625.7 474.9 352.8 380.2 465.0 447.1 510.6 450.5 2,353.3 403.5 335.9 646.1 280.2 228.6 882.8 450.7 (207.1) 298.9 102.9 232.4 542.1 455.9 1,063.3 485.6
Free Cash Flow 722.1 (3,171.6) 3,173.3 3,241.3 1,039.8 2,626.4 1,543.9 1,788.5 1,381.5 1,798.3 1,584.1 1,108.4 364.4 261.4 787.6 1,132.8 608.3 643.0 1,260.3 924.0 1,036.2 1,073.9 1,008.3 1,674.7 785.4 1,149.7 1,162.7 543.8 361.5 (38.6) 558.7 710.4 429.3 232.2 287.1 573.7 232.1 294.6 71.6 182.8 318.8 215.1 249.8 (223.7) (51.9) (355.7) (8.1) (193.3) 289.0 (158.6) 202.8 209.5 187.7 (181.7) 69.8 412.4 2.2 44.5 (8.5) 318.0 151.9 265.5 12.1 (271.7) 175.6 (175.1) (39.8) (116.8) 421.7 55.3 249.1 181.6 486.8 184.9 421.5 362.1 365.5 1,407.6 295.6 397.6 332.4 303.5 305.5 233.0 252.5 36.2 127.1 537.3 343.2 (411.8) 219.4 296.7 358.6
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
Income Statement
Revenue 9,778.4 10,528.2 9,424.9 8,964.5 8,426.2 14,399.1 14,996.8 6,749.5 6,560.2 7,265.9 6,453.2 6,154.5 5,698.4 5,932.2 5,987.7 5,265.4 4,870.4 5,063.8 5,153.9 4,595.9 4,677.4 4,884.2 4,438.5 4,432.5 4,042.3 4,696.6 5,410.6 3,997.9 3,878.5 4,902.4 3,810.8 3,672.2 3,699.7 4,018.3 3,536.4 3,494.6 3,558.8 3,886.0 3,745.8 3,438.6 3,027.8 3,223.1 3,197.0 2,822.9 2,468.6 2,843.6 2,823.5 2,754.2 2,791.9 3,101.9 2,772.4 2,796.3 2,645.0 2,990.7 2,710.7 2,478.3 2,588.4 2,711.6 2,592.8 2,341.6 2,295.7 3,873.6 1,835.6 1,769.8 1,752.0 3,673.6 1,629.0 1,623.6 1,653.4 1,835.6 1,717.3 1,627.3 1,540.1 1,551.0 1,497.1 1,445.8 1,454.2 1,437.3 1,405.0 1,313.0 1,348.7 2,566.0 1,222.5 1,238.2 1,154.8 1,179.1 1,088.5 1,038.6 1,091.7 1,110.8 1,035.3 963.2 992.0 985.3 952.9 954.6 897.7
Gross Profit 3,795.0 3,417.4 2,994.4 3,749.1 3,520.6 4,288.4 11,009.4 2,884.4 2,584.8 3,023.0 2,508.7 1,943.9 2,044.6 1,997.2 2,220.1 1,733.5 1,754.0 1,700.0 1,829.1 1,532.5 1,629.4 1,887.9 1,496.0 1,613.6 1,620.3 1,839.8 3,030.9 1,433.9 1,541.4 2,420.8 1,497.5 1,519.9 1,560.4 1,589.5 1,489.1 1,253.2 1,497.4 1,318.0 1,509.1 1,171.4 1,086.6 1,087.9 935.5 717.4 710.0 702.8 837.6 924.0 1,113.2 1,196.6 1,130.2 1,064.3 1,108.2 1,181.9 1,118.7 908.4 1,082.9 1,123.9 957.1 902.4 927.3 1,006.3 1,012.2 988.5 1,029.5 1,013.7 866.9 793.5 818.2 949.1 884.8 810.6 875.3 856.8 831.2 769.7 805.1 750.5 754.0 646.5 747.4 1,339.1 621.6 640.1 599.4 565.4 533.4 492.3 553.1 561.8 531.9 453.0 509.9 491.6 494.9 493.5 475.1
Operating Income 3,330.7 3,300.5 2,580.6 3,310.5 2,843.9 3,347.1 9,849.4 2,193.0 1,662.1 (4,172.0) 1,708.6 1,029.7 1,393.3 4,645.2 1,539.9 908.2 1,144.9 4,097.6 1,244.0 913.6 1,103.6 4,492.4 1,000.7 1,098.2 1,012.2 5,711.6 (472.3) (629.6) (399.7) 6,473.6 (371.2) (447.9) 1,085.2 5,263.0 (342.7) (493.2) (465.4) 906.7 1,063.1 839.4 (457.9) 3,100.3 (249.4) (233.2) 1,135.1 184.8 (344.6) (479.7) (400.7) 843.7 (284.9) (348.2) 737.0 3,940.2 662.1 639.9 710.6 642.8 634.5 647.7 429.4 1,021.9 687.5 491.5 471.3 772.2 305.6 642.8 399.8 (243.9) 489.6 460.9 462.7 132.5 460.7 461.6 453.6 720.7 325.1 292.5 459.3 941.5 279.9 497.6 230.0 848.1 374.6 (74.2) 179.7 702.0 55.8 451.3 297.6 2,632.1 (970.7) (474.0) 309.0
Net Income 1,716.3 2,519.2 2,158.6 2,136.0 1,482.1 2,258.2 6,111.9 1,209.5 823.3 1,186.3 846.3 743.7 747.2 642.2 1,081.1 422.5 975.5 567.4 468.5 773.1 496.9 831.5 421.6 378.2 (657.9) 1,057.0 1,208.9 454.4 647.3 1,507.6 565.2 181.9 580.4 612.6 900.5 331.8 674.4 946.9 573.9 797.5 628.8 460.9 (580.1) 337.3 318.2 31.5 91.5 302.4 477.6 590.7 475.0 361.7 496.2 765.4 361.8 292.8 491.9 493.0 68.0 479.6 182.8 556.4 437.0 333.6 299.0 591.1 195.7 464.7 256.2 (831.3) 231.1 360.0 303.7 74.6 382.2 295.5 292.9 72.9 197.4 175.5 328.9 356.9 191.1 337.6 150.9 234.9 235.9 (73.3) 115.9 297.9 29.0 331.1 171.6 221.5 (656.4) (330.1) 111.4
EPS (Diluted) 0.49 0.73 0.63 0.62 0.43 0.66 1.79 0.35 0.24 0.35 0.25 0.22 0.22 0.19 0.32 0.12 0.29 0.17 0.14 0.23 0.15 0.24 0.12 0.11 -0.19 0.31 0.35 0.13 0.19 0.44 0.17 0.05 0.17 0.18 0.26 0.10 0.20 0.28 0.17 0.23 0.18 0.13 -0.17 0.10 0.09 0.01 0.03 0.09 0.14 0.17 0.14 0.11 0.15 0.22 0.11 0.09 0.14 0.14 0.02 0.14 0.05 0.16 0.13 0.10 0.09 0.17 0.06 0.14 0.07 -0.24 0.07 0.11 0.09 0.02 0.11 0.09 0.69 0.02 0.06 0.05 0.10 0.10 0.06 0.10 0.04 0.07 0.07 -0.02 0.03 0.09 0.01 0.10 0.05 0.06 -0.19 -0.10 0.03
Balance Sheet
Cash & Equivalents 3,514.5 4,670.5 4,969.0 4,561.0 3,640.2 1,682.6 444.9 2,809.3 412.6 838.5 329.1 283.0 836.5 1,867.5 1,788.8 643.6 491.5 717.9 445.8 55.4 159.6 396.4 25.7 3,366.4 453.0 566.6 2,633.4 2,663.9 2,205.1 3,029.2 3,619.3 2,832.7 2,963.9 2,283.0 2,101 1,367.6 1,983.8 1,886.2 1,415.5 1,374.4 1,431.9 1,639.2 889.9 803.0 1,738.0 1,723.0 1,859.7 1,823.7 1,982.5 1,782.0 1,828.8 1,669.1 2,127.0 1,921.2 1,777.7 1,752.5 2,019.3 2,150.0 2,265.9 2,174.5 2,399.8 1,989.2 1,367.2 1,047.4 852.5 771.0 386.3 1,352.3 801.5 625.7 474.9 352.8 380.2 72.8 447.1 510.6 450.5 328.2 403.5 335.9 646.1 280.2 228.6 882.8 450.7 105.6 298.9 102.9 232.4 281.0 455.9 1,063.3 485.6 462.1 538.3 763.4 333.6
Total Assets 117,667.5 106,217.7 95,987.5 88,719.9 85,690.9 80,965.4 14,288.7 64,606.0 13,256.0 61,471.0 11,798.7 11,910.0 56,926.8 57,207.8 55,994.1 53,953.0 54,094.5 53,165.5 9,740.7 10,148.1 9,021.2 50,418.6 8,478.1 48,739.4 9,055.6 11,548.9 45,838.0 43,984.6 43,313.5 43,565.1 42,246.1 40,970.6 40,685.6 39,546.4 38,373.4 37,136.3 37,298.5 36,745.0 35,290.5 34,417.2 33,973.6 33,706.6 32,456.5 31,120.0 31,612.8 30,355.4 29,760.0 28,983.5 28,790.5 28,274.3 27,560.8 26,983.5 26,999.8 26,675.8 25,953.8 25,344.9 25,392.3 25,215.0 24,548.5 23,793.1 24,117.3 23,350.6 23,539.7 22,879.3 21,997.0 20,243.1 21,039.8 40,883.0 20,762.0 20,113.9 19,537.5 18,702.1 18,590.2 18,663.4 18,403.1 18,188.1 18,134.3 18,000.0 18,140.0 17,710.3 17,930.0 17,435.2 17,256.1 17,895.4 17,207.9 16,783.8 16,724.4 16,436.8 16,633.7 16,530.7 16,608.8 16,785.9 16,354.5 16,331.9 16,459.6 16,517.0 15,867.4
Total Debt 50,817.4 39,991.4 34,926.4 31,283.5 27,638.3 25,258.3 4,376.1 22,273.2 4,395.4 19,536.3 3,792.8 3,872.9 18,295.9 18,958.7 18,778.5 17,726.6 17,628.1 17,723.8 3,286.9 3,282.5 3,014.5 17,258.6 2,727.0 16,387.4 2,794.6 3,281.3 13,667.0 12,906.3 12,180.8 13,152.8 13,727.0 13,186.2 12,482.5 12,101.0 11,887.8 11,624.8 11,741.5 11,964.1 11,989.0 11,786.8 12,193.2 13,121.6 12,633.6 11,091.4 11,847.0 10,785.8 10,292.1 9,818.7 9,373.9 9,450.1 9,085.2 9,026.5 8,829.6 9,069.3 8,586.1 8,569.7 8,295.3 8,596.3 8,675.9 8,113.9 8,483.5 8,264.6 7,659.9 7,432.4 6,565.9 6,558.0 6,074.1 12,691.2 6,674.5 6,865.1 6,136.5 5,801.4 5,691.6 5,685.2 5,748.7 6,061.6 6,150.7 6,326.7 6,442.2 6,418.4 6,804.9 6,664.2 6,632.8 7,503.4 7,309.2 7,050.7 7,301.2 7,316.3 7,257.3 7,264.3 7,381.8 7,803.5 7,673.8 7,925.5 8,199.9 7,288.8 6,278.7
Stockholders' Equity 43,164.9 42,379.8 42,710.3 40,444.1 38,397.9 36,928.1 6,961.1 31,797.1 6,129.3 29,857.4 5,912.6 5,959.3 28,080.7 27,333.5 27,355.3 26,274.2 25,907.4 24,931.9 4,497.4 4,790.3 4,127.3 22,793.7 3,849.3 21,275.0 4,044.6 5,378.4 21,801.9 20,593.0 20,199.0 19,551.7 18,787.0 18,221.8 18,093.4 17,513.0 17,263.2 16,362.7 16,093.6 15,419.2 15,524.3 15,131.5 14,345.4 13,716.6 13,357.8 13,937.9 13,622.6 13,304.4 13,759.4 13,667.9 13,408.4 12,930.8 12,509.4 12,034.4 11,753.0 11,715.6 11,404.2 11,042.5 11,037.8 10,545.9 10,343.4 10,275.5 9,864.6 9,681.8 11,601.7 11,151.9 10,818.2 8,438.6 11,270.1 21,738.8 10,748.6 9,547.9 10,478.6 10,247.3 10,087.7 9,784.0 9,767.1 9,602.4 9,345.2 9,018.5 9,170.0 8,875.4 8,721.2 8,482.5 8,450.4 8,387.3 8,039.9 7,951.6 7,829.1 7,578.7 7,683.5 7,576.9 7,652.0 7,559.4 7,367.4 7,246.5 6,932.7 7,690.8 8,007.8
Cash Flow
Operating Cash Flow 755.4 906.8 3,173.3 3,180.6 1,100.5 2,664.4 1,570.1 1,772.6 1,397.4 1,857.3 1,632.0 1,117.7 395.3 267.7 805.3 1,147.0 616.8 665.9 1,274.8 928.5 1,044.5 1,090.5 1,013.4 1,685.7 1,188.5 1,171.7 1,190.2 1,245.5 589.8 754.9 1,134.3 1,291.7 662.0 962.7 852.2 723.4 763.6 974.8 653.8 642.4 732.6 788.4 917.8 458.7 476.5 473.3 729.0 471.1 806.9 619.2 753.1 761.5 643.3 464.8 565.1 878.5 427.8 816.5 585.7 801.6 513.3 847.8 495.8 155.3 584.1 448.3 555.7 316.8 751.7 654.7 669.5 484.3 719.5 504.6 673.6 566.8 470.6 1,407.6 510.0 601.4 460.1 551.2 476.2 374.2 353.3 168.9 277.7 537.3 343.2 215.6 380.0 409.9 466.7
Capital Expenditure (33.3) (4,078.4) 0 60.7 (60.7) (38.0) (26.2) 15.9 (15.9) (59.0) (48.0) (9.3) (31.0) (6.4) (17.7) (14.2) (8.6) (22.9) (14.5) (4.5) (8.3) (16.6) (5.1) (11.1) (403.2) (22.0) (27.6) (701.8) (228.3) (793.5) (575.7) (581.3) (232.8) (730.5) (565.0) (149.7) (531.5) (680.1) (582.2) (459.6) (413.9) (573.3) (668.0) (682.4) (528.4) (829.0) (737.1) (664.3) (517.9) (777.8) (550.3) (552.1) (455.6) (646.6) (495.3) (466.1) (425.6) (772.0) (594.1) (483.6) (361.4) (582.4) (483.7) (427.0) (408.5) (623.4) (595.5) (433.6) (330.0) (599.4) (420.5) (302.7) (232.7) (319.8) (252.1) (204.7) (105.2) 0 (214.4) (203.7) (127.7) (247.7) (170.6) (141.2) (100.8) (132.7) (150.6) 0 0 (627.4) (160.6) (113.2) (108.2)
Free Cash Flow 722.1 (3,171.6) 3,173.3 3,241.3 1,039.8 2,626.4 1,543.9 1,788.5 1,381.5 1,798.3 1,584.1 1,108.4 364.4 261.4 787.6 1,132.8 608.3 643.0 1,260.3 924.0 1,036.2 1,073.9 1,008.3 1,674.7 785.4 1,149.7 1,162.7 543.8 361.5 (38.6) 558.7 710.4 429.3 232.2 287.1 573.7 232.1 294.6 71.6 182.8 318.8 215.1 249.8 (223.7) (51.9) (355.7) (8.1) (193.3) 289.0 (158.6) 202.8 209.5 187.7 (181.7) 69.8 412.4 2.2 44.5 (8.5) 318.0 151.9 265.5 12.1 (271.7) 175.6 (175.1) (39.8) (116.8) 421.7 55.3 249.1 181.6 486.8 184.9 421.5 362.1 365.5 1,407.6 295.6 397.6 332.4 303.5 305.5 233.0 252.5 36.2 127.1 537.3 343.2 (411.8) 219.4 296.7 358.6