Stryker Corporation logo SYK - Stryker Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 1
BUY 35
HOLD 14
SELL 0
STRONG
SELL 0
| PRICE TARGET: $385.83 DETAILS
HIGH: $465.00
LOW: $315.00
MEDIAN: $389.50
CONSENSUS: $385.83
UPSIDE: 21.91%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 6,020 7,171 6,057 6,022 5,866 6,436 5,494 5,422 5,243 5,815 4,909 4,996 4,778 5,202 4,479 4,493 4,275 4,701 4,160 4,294 3,953 4,262 3,737 2,764 3,588 4,131 3,587 3,650 3,516 3,796 3,242 3,322 3,241 3,471 3,006 3,012 2,955 3,157 2,833 2,840 2,495 2,715 2,420 2,432 2,379 2,618 2,389 2,363 2,305 2,468 2,151 2,212 2,190 2,337 2,052 2,106 2,161 2,215 2,031 2,045.5 2,015.2 1,995.1 1,767.6 1,758.2 1,799.1 1,834.2 1,653.3 1,634.3 1,601.3 1,718.2 1,653 1,712.6 1,634.4 1,658.1 1,453.2 1,463.7 1,489.3 1,462.8 1,294 1,327.9 1,320.9 1,278.5 1,171.9 1,218.6 1,202.5 1,155.5 1,028.7 1,043 1,035.1 1,001.3 891.7 829.2 733.9 709.3 639 634.2 612.4 548.4 566.5 562.1
Cost of Revenue 2,210 2,494 2,205 2,272 2,186 2,447 2,101 2,098 2,049 2,261 1,889 1,958 1,908 2,130 1,829 1,807 1,684 1,773 1,539 1,611 1,547 1,618 1,390 1,326 1,375 1,504 1,375 1,392 1,347 1,419 1,199 1,242 1,206 1,326 1,116 1,117 1,081 1,153 1,045 998 801 895 796 827 826 892 822 808 769 852 682 730 713 744 655 672 709 740 669 712.8 688.9 624.2 540.8 539.3 581.4 593.2 538.7 536.3 515.5 556 541.7 533.2 500.5 524.5 457 444.3 496.7 501.6 441.7 452.5 452.9 447.1 415.5 422.2 429.1 412.1 365.1 364.7 368.2 355.9 326.9 309.3 267.1 265.8 237.3 214.1 197.2 177.5 183.4 182.4
Gross Profit 3,810 4,677 3,852 3,750 3,680 3,989 3,393 3,324 3,194 3,554 3,020 3,038 2,870 3,072 2,650 2,686 2,591 2,928 2,621 2,683 2,406 2,644 2,347 1,438 2,213 2,627 2,212 2,258 2,169 2,377 2,043 2,080 2,035 2,145 1,890 1,895 1,874 2,004 1,788 1,842 1,694 1,820 1,624 1,605 1,553 1,726 1,567 1,555 1,536 1,616 1,469 1,482 1,477 1,593 1,397 1,434 1,452 1,475 1,362 1,332.7 1,326.3 1,370.9 1,226.8 1,218.9 1,217.7 1,241 1,114.6 1,098 1,085.8 1,162.2 1,111.3 1,179.4 1,133.9 1,133.6 996.2 1,019.4 992.6 961.2 852.3 875.4 868 831.4 756.4 796.4 773.4 743.4 663.6 678.3 666.9 645.4 564.8 519.9 466.8 443.5 401.7 420.1 415.2 370.9 383.1 379.7
Operating Expenses
R&D Expenses 413 401 410 396 393 342 364 352 356 328 335 319 311 284 317 323 306 331 306 310 288 255 242 233 254 254 246 246 225 221 221 216 204 205 198 192 192 189 184 183 159 164 155 154 152 153 153 158 150 139 136 132 129 129 114 116 112 115 122 114.5 110.9 110.7 98.6 94.6 90 89.5 83.7 82.6 80.4 99.8 92.6 90.3 85.1 101.8 96.8 92.1 84.6 91.2 80.4 75.9 77.1 83 70.3 65.9 60.6 56.3 54.6 50.5 49.6 48 44.9 37.5 34.4 36.1 35.4 35.4 33.4 29.4 30.8 28.6
SG&A Expenses 2,281 2,227 2,045 1,993 2,108 1,984 1,821 1,814 1,835 1,801 1,694 1,655 1,701 1,593 1,484 1,457 1,501 1,507 1,419 1,436 1,390 1,293 1,186 997 1,245 1,336 1,214 1,192 1,212 1,240 1,129 1,121 1,135 1,177 1,059 1,053 1,059 1,093 987 1,043 944 970 887 861 892 1,059 910 1,038 1,205 999 1,136 1,015 916 1,033 791 823 819 834 765 785.8 765.2 734.4 643.3 661.8 667.8 628.7 643.9 617.1 616.6 647.6 644.8 678.2 654.5 658.9 582.9 581.6 571.4 552.6 506.4 497 505.7 463.4 443.2 457.5 450.2 442.1 402.3 396.5 411.3 386.7 348.4 316 287.9 261.4 242 243.4 232.2 214.8 220 218.6
Other Expenses 180 88 262 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (67) (38) (36) (33) (28) (29) (7) (25) (30) (24) 1 (13) (21) (11) (12) 30 31 31 32 31 32.1 26.7 15.9 14.4 14.4 13.5 8.8 8.6 8.5 9.6 9.6 9.8 10 10.6 10 (372.4) 30.8 11.3 11.5 11.1 10.6 10.4 10.5 10.5 11.4 16.4 12.2 11.6 11.2 12.8 16.3 10.1 8.6 5.8 9.4 9.3 28.1 27.1 25.8 29.1 27.4
Operating Expenses 2,874 2,716 2,717 2,389 2,501 2,326 2,185 2,166 2,191 2,129 2,029 1,974 2,012 1,877 1,801 1,780 1,807 1,838 1,725 1,746 1,678 1,548 1,428 1,230 1,499 1,590 1,460 1,438 1,437 1,461 1,350 1,337 1,339 1,382 1,257 1,245 1,251 1,282 1,171 1,314 1,156 1,192 1,096 1,064 1,093 1,258 1,113 1,243 1,400 1,174 1,306 1,183 1,077 1,193 935 970 962 981 918 932.4 902.8 861 756.3 770.8 771.3 727 736.2 708.2 706.6 757 747.2 778.5 750.2 770.7 307.3 704.5 667.3 655.3 597.9 583.5 593.2 556.9 524 534.8 527.2 510.6 468.5 458.2 473.7 451 403.4 362.1 328.1 306.9 286.7 306.9 292.7 270 279.9 274.6
Operating Income
Operating Income 936 1,961 1,135 1,361 1,179 1,663 1,208 1,158 1,003 1,425 991 1,064 858 1,195 849 906 784 1,090 896 937 728 1,096 919 208 714 1,037 752 820 732 916 693 743 696 763 633 650 623 722 617 500 519 648 378 429 406 468 450 307 131 430 150 290 386 370 450 445 476 418 444 400.3 423.5 386.4 470.5 448.1 446.4 514 311.4 389.8 379.2 370.3 364.1 400.9 383.7 362.9 688.9 314.9 325.3 305.9 254.4 291.9 222.1 258.6 232.4 261.6 246.2 232.8 74.3 220.1 193.2 203.4 161.4 140.6 138.7 137 115 95 104.8 83.7 83.6 85.9
Interest Expense 148 381 157 159 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18 0 0 0 22 0 0 0 0 0 15.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6.8 1.4 1.8 1.4 22.6 6.4 40.3 10 67.9 16.8 19.5 96.6 23.7 26 26.2
Interest Income 0 0 28 24 38 47 30 26 36 35 15 11 14 33 26 20 15 18 15 18 17 18 19 25 40 46 36 34 39 40 29 27 23 22 15 12 11 10 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6 12 0 0 10.4 9 0 6.6 0 0 0 13.1 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
Profitability
EBITDA 1,236 1,714 1,363 1,471 1,036 792 1,311 1,256 1,183 1,476 1,131 1,158 936 1,014 1,066 973 628 1,329 730 903 643 894 978 106 788 1,131 775 764 670 794 719 809 718 748 634 604 649 739 567 761 653 794 650 623 600 771 619 607 602 1,200 255 378 470 439 530 533 560 574 577 521 526 621.2 572.2 448.1 560.1 618.8 475 389.8 379.2 577.2 364.1 400.9 383.7 458.4 762.8 314.9 400.5 393.2 677.2 366.8 352.6 351.1 284.9 320.9 246.2 299.2 257.6 220.1 193.2 262.6 215.1 209.4 183.9 182.6 155.3 155.6 166.5 140.7 147.6 145.5
EBIT 936 1,714 1,029 1,175 764 528 1,043 998 923 1,226 869 899 679 761 816 720 386 1,091 495 662 367 671 780 (87) 590 936 581 565 480 618 534 623 542 579 471 444 499 588 419 528 538 628 528 541 460 1,215 479 473 475 442 163 299 400 408 462 464 490 452 453 401 411 509.9 471 448.1 460.9 514 378.4 389.8 379.2 484.1 364.1 400.9 383.7 362.9 688.9 314.9 386 305.9 594.2 288.9 274.8 274.5 214.9 251.5 246.2 232.8 195.1 220.1 193.2 194.4 161.4 157.8 138.7 136.6 115 113.2 122.5 100.9 103.2 105.1
Income Before Tax 850 1,705 1,029 1,016 764 528 1,043 998 923 1,226 869 899 679 761 816 720 386 757 495 662 367 671 780 (87) 590 936 581 565 480 657 534 623 542 649 471 444 499 588 419 433 481 612 345 401 377 461 425 277 107 431 137 269 375 358 444 435 468 433 431 410 411.8 379.3 461.9 442.6 445.8 523.1 314.4 400 386.4 380.1 376 420.1 404 384 317.9 331.8 339.1 317.5 262.4 296.6 227.3 264.5 231.8 261.4 245.6 232.3 72.4 218.2 194.1 192.9 155.8 149.3 128.2 121.7 98.1 95.7 100.8 75.8 79.8 78.5
Income Tax Expense 105 856 170 132 110 (18) 209 173 135 83 177 161 87 198 0 64 63 95 57 70 65 103 159 (4) 97 211 115 85 68 (1,411) (56) 171 99 898 37 53 55 78 64 53 79 90 44 9 153 201 368 62 37 45 34 56 71 88 91 110 118 32 104 100.9 104.4 84.3 124.2 123.6 124.1 217.1 85.4 108.7 105.3 102.4 102.2 114.3 113.5 107.9 89.2 91.7 95.6 89.6 74 82.7 79.8 78.8 99.7 77.1 72.5 69.6 58 65.5 58.2 58.8 48.3 43.2 42.3 39.9 32.4 31.6 34.3 25.8 27.1 26.7
Net Income 745 849 859 884 654 546 834 825 788 1,143 692 738 592 563 816 656 323 662 438 592 302 568 621 (83) 493 725 466 480 412 2,068 590 452 443 (249) 434 391 444 510 355 380 402 522 301 392 224 260 57 215 70 386 103 213 304 270 353 325 350 401 327 310 307 295 337 319 321.7 306 229 291.3 281.1 277.7 273.8 305.8 290.5 276.1 228.7 509.2 241.8 227.9 187 213.9 147.5 185.7 120.7 177.8 173.1 162.7 14.4 152.7 135.9 134.1 107.5 106.1 85.9 77 65.7 64.1 66.5 50 52.7 51.8
Per Share Data
EPS (Basic) 1.95 2.21 2.25 2.32 1.71 1.43 2.19 2.17 2.07 3.01 1.82 1.94 1.56 1.49 2.16 1.73 0.86 1.75 1.17 1.57 0.80 1.51 1.66 -0.22 1.32 1.94 1.24 1.29 1.10 5.52 1.58 1.21 1.18 -0.67 1.16 1.04 1.19 1.36 0.95 1.02 1.08 1.39 0.80 1.04 0.59 0.68 0.16 0.57 0.19 1.02 0.27 0.56 0.80 0.71 0.93 0.85 0.92 1.05 0.85 0.80 0.79 0.76 0.85 0.80 0.81 0.77 0.58 0.73 0.71 0.70 0.67 0.74 0.71 0.67 0.56 0.66 0.60 0.56 0.46 0.53 0.36 0.46 0.30 0.44 0.41 0.40 0.04 0.38 0.34 0.34 0.27 0.27 0.22 0.20 0.17 0.17 0.17 0.13 0.14 0.14
EPS (Diluted) 1.93 2.20 2.22 2.29 1.69 1.41 2.16 2.14 2.05 2.98 1.80 1.92 1.54 1.47 2.14 1.72 0.84 1.73 1.14 1.55 0.79 1.49 1.63 -0.22 1.30 1.90 1.23 1.26 1.09 5.44 1.55 1.19 1.16 -0.65 1.14 1.03 1.17 1.34 0.94 1.00 1.07 1.38 0.79 1.03 0.58 0.67 0.16 0.56 0.18 1.01 0.27 0.56 0.79 0.71 0.92 0.85 0.91 1.04 0.84 0.79 0.78 0.75 0.85 0.80 0.80 0.76 0.57 0.73 0.71 0.70 0.66 0.73 0.70 0.66 0.55 0.65 0.59 0.55 0.46 0.52 0.36 0.45 0.29 0.43 0.41 0.40 0.04 0.37 0.33 0.33 0.26 0.26 0.21 0.19 0.16 0.16 0.16 0.13 0.13 0.13
Shares Outstanding 382.9 382.5 382.4 382.2 381.7 381 381.1 381 380.4 380 379.8 379.7 379 378.5 378.4 378.3 377.7 377.3 377.1 376.9 376.3 375.9 375.7 375.5 374.8 374.4 374.2 373.9 373.3 374.3 374.1 373.9 374 374.4 374.2 373.9 373.4 374.5 374.4 374.2 373.2 374.3 376.3 377 378.9 378.5 378.4 378.8 378.2 378.4 378.3 378 379.7 380.3 380.2 381 381 381 386 388.2 390 390 397 396.9 397.2 397.2 397.6 397.4 396.7 396.7 409.7 412 411.4 411.4 410 409.4 408.6 408.6 406.7 406.4 405.7 405.7 403.7 403.3 402.8 402.8 401.7 400.8 399.8 399.8 397.2 396.6 394.8 394 392.4 392 392 390.6 389.8 389
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 2,878 4,011 3,256 2,375 2,320 3,652 3,850 1,874 2,330 2,971 1,860 1,401 1,671 1,844 1,420 1,044 1,458 2,944 2,563 2,241 2,238 2,943 7,083 6,539 3,964 4,337 1,948 1,754 1,674 3,616 1,918 1,641 2,179 2,542 2,592 3,649 3,213 3,316 2,953 3,490 6,976 785.2 1,202.5 658.7 666.3 685.8 170.9 62.6 48.9 65.9 47.1 39.6 37.8 38.7 64 42.6 61.1 54 63.7 52.7 64.7 80 91.1 68.2 102.6 125 223.1 55.4 70.7 154 153.7 179.7 143.6 175.7 114.3 83.1 63.9 69 74.3 66 62.3 116.8 105.2 60.9 43.5 49.7 44.4 36.6 29.6
Short-Term Investments 87 89 87 89 89 841 834 83 77 82 76 77 86 84 77 83 72 75 76 84 74 81 78 80 84 88 88 85 84 83 292 279 276 251 97 98 66 68 69 166 507 3,243.3 2,735.1 2,296.1 1,761.6 1,559.3 1,902.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.5 11.4 11.4 11.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 3,571 4,039 3,643 3,918 3,961 3,987 3,736 3,622 3,473 3,765 3,276 3,261 3,215 3,565 3,103 3,145 2,991 3,022 2,817 2,714 2,616 2,701 2,426 2,203 2,646 2,893 2,438 2,408 2,284 2,332 2,076 2,089 2,108 2,198 1,965 1,905 1,875 1,967 1,803 1,758 1,591 1,108.2 1,120.6 1,147.1 1,097.3 1,054.8 954.3 699.5 552.9 498.6 446.7 427.6 406.7 380.3 328 339.1 331.5 344 340.6 360.3 368 377.7 447.5 455.8 435.6 425.6 191.2 193.5 184.6 176.2 173.7 182.3 175.3 166.1 168.8 169.7 164.8 163.6 158.1 185.1 163.6 154.6 139.7 99.4 105.1 87.9 89.6 92.4 95.7
Inventory 5,419 5,310 5,370 5,289 5,105 4,774 5,292 5,044 5,026 4,843 4,883 4,593 4,333 3,995 3,883 3,749 3,525 3,314 3,434 3,431 3,473 3,494 3,459 3,442 3,359 3,282 3,269 3,198 3,064 2,955 2,893 2,740 2,664 2,465 2,454 2,279 2,172 2,030 2,092 1,989 1,768 968.2 961 943 991.7 990.2 785.1 517 487.2 467.9 460.4 455.2 426.5 435.3 432 420.4 409.5 392.1 412.7 427.6 396.4 386.1 430.9 473.5 534.7 554 166 157.9 152.1 136.2 132 128.1 126.4 127.4 152.1 140.4 138.9 133.6 128.7 130.3 128.6 115.8 145.9 80.3 81.2 76.6 85.1 88 86.7
Other Current Assets 1,383 1,306 1,355 1,332 1,547 1,593 961 1,022 986 857 950 819 850 787 835 804 679 662 570 562 578 488 499 537 683 760 823 740 782 747 739 664 624 537 602 547 563 480 449 0 0 599.5 616.8 602.2 570.6 552.7 488.6 315.5 284.6 307.2 254 229.4 227.5 222.3 174 173.9 165.6 169 260.7 250.3 234.1 227 170.8 148.1 155.4 207.2 238.5 366 362.1 290.2 265.2 211.7 249.7 284.3 200.6 244 272.7 257.1 229.1 207.5 202.9 153.3 120.8 115.2 117.3 129.7 88 73.6 65.8
Total Current Assets 13,338 14,755 13,711 13,003 13,022 14,847 14,673 11,645 11,892 12,518 11,045 10,151 10,155 10,275 9,318 8,825 8,725 10,017 9,460 9,032 8,979 9,707 13,545 12,801 10,736 11,360 8,566 8,185 7,888 9,733 7,918 7,413 7,851 7,993 7,710 8,478 7,889 7,861 7,366 7,824 11,325 6,899.8 6,875.4 5,851.2 5,240.3 4,999.9 4,439.1 1,674.3 1,458.5 1,397.6 1,278.9 1,224.9 1,151.3 1,132.4 1,042 1,022.7 1,014.7 997 1,115.1 1,133 1,106.1 1,110.4 1,193.6 1,198.7 1,290 1,311.8 818.8 772.8 769.5 756.6 724.6 701.8 695 753.5 635.8 637.2 640.3 623.3 590.2 588.9 557.4 540.5 511.6 355.8 347.1 343.9 307.1 290.6 277.8
Non-Current Assets
Property, Plant & Equipment 3,887 3,876 3,734 4,253 4,106 3,964 3,945 3,828 3,785 3,709 3,597 3,563 3,526 3,443 3,254 3,272 3,283 3,252 3,146 3,142 3,134 3,175 2,930 2,933 3,000 2,951 2,822 2,744 2,297 2,291 2,178 2,101 2,054 1,975 1,852 1,758 1,655 1,569 1,505 1,446 1,224 898.7 925 947.6 950.3 944.3 957.4 620.5 603 604.7 555.2 534.4 519.2 483.3 368 364.5 365.2 378.1 369.4 373.6 374.2 391.5 397.2 386.8 391.3 429.5 183 170.8 164.4 163.9 167.7 165.9 167.7 172.3 188.5 181.3 182.7 182.6 187.8 201.8 193.9 180.7 174 75.5 72.5 67.7 66.6 65 62.4
Goodwill 24,704 24,972 19,256 19,183 19,089 15,855 16,396 15,408 15,351 15,243 15,138 15,172 14,849 14,880 14,993 15,115 15,228 12,918 12,893 12,802 12,803 12,778 9,128 9,074 9,025 9,069 8,704 8,762 8,710 8,563 7,634 7,636 7,723 7,168 7,026 6,471 6,393 6,356 6,475 6,372 4,165 932.3 951.2 956.8 578 554.4 524.1 0 0 0 0 0 460 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 5,845 5,962 6,132 4,395 4,940 4,363 4,509 4,593 4,731 4,917 4,779 4,885 5,053 5,245 5,430 4,840 5,058 5,261 5,378 5,554 3,917 4,012 4,107 4,227 4,056 4,184 4,240 4,163 3,463 3,567 3,689 3,477 3,470 3,382 3,446 3,508 3,608 3,728 1,780 654.6 666.3 634.7 364 355.1 695.7 943.1 953.7 965.5 953.4 942.7 475.1 892.8 905 791.3 814.4 839 852.9 883.7 888.8 898.9 889.6 862.4 904.4 897.9 0 0 0 46.1 0 0 0 45.4 0 0 0 18.2 0 0 0 17.3 17 0 0 7.8 0 0 0
Long-Term Investments 0 0 44 3 8 39 1 16 146 2 12 135 79 90 0 152 75 66 38 23 33 4 44 86 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44 35 291.1 290 285.4 282.1 270.6 0 (315.5) 0 0 (254) (229.4) 0 (222.3) (174.9) (173.9) (165.6) 0 (260.7) (250.3) 0 0 (160.3) (137.6) (144.9) (128.6) 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 3,169 3,143 3,093 2,552 2,238 2,129 2,316 2,264 2,078 2,177 2,113 2,032 1,999 1,901 1,975 1,798 1,794 1,778 1,690 1,687 1,609 1,582 1,095 1,007 1,035 985 925 866 1,171 801 891 853 816 1,301 1,427 1,203 1,134 839 1,233 1,150 1,174 136.4 135.8 136.7 299.5 237 58.6 231.7 179.7 165.2 218.5 213.3 148.1 214.6 98 211.8 210.7 132.4 201 192.4 193.1 179.7 221.8 207.8 188.6 246.7 69.9 71.9 63.4 18.5 71.5 71.1 69.1 22.3 86.2 47.9 49 30.8 47 51.5 51 29.5 29 58.3 48.7 34.8 45.3 12 11.1
Total Non-Current Assets 32,953 33,089 33,346 33,328 32,984 28,124 29,160 27,485 27,510 27,394 26,997 27,258 26,675 26,609 26,665 27,207 27,412 24,614 24,685 24,666 24,476 24,623 18,741 18,682 18,704 18,807 18,093 18,169 18,049 17,496 14,166 14,157 14,282 14,190 13,775 12,814 12,628 12,574 12,821 12,696 8,343 3,160.3 3,223 3,220.1 2,683.2 2,585.3 2,419.6 1,795.3 1,773.2 1,761.5 1,727.1 1,690.4 1,664.2 1,590.7 1,371 1,367.6 1,390.3 1,433.8 1,423.3 1,449.7 1,456.1 1,470.1 1,508.6 1,457 1,484.3 1,574.1 252.9 242.7 227.8 228.5 239.2 237 236.8 240 274.7 229.2 231.7 231.6 234.8 253.3 244.9 227.5 220 133.8 121.2 110.3 111.9 77 73.5
Total Assets 46,291 47,844 47,057 46,331 46,006 42,971 43,833 39,130 39,402 39,912 38,042 37,409 36,830 36,884 35,983 36,032 36,137 34,631 34,145 33,698 33,455 34,330 32,286 31,483 29,440 30,167 26,659 26,354 25,937 27,229 22,084 21,570 22,133 22,183 21,485 21,292 20,517 20,435 20,187 20,520 19,668 10,060.1 10,098.4 9,071.3 7,923.5 7,585.2 6,858.7 3,469.6 3,231.7 3,159.1 3,006 2,915.3 2,815.5 2,723.1 2,413 2,390.3 2,405 2,430.8 2,538.4 2,582.7 2,562.2 2,580.5 2,702.2 2,655.7 2,774.3 2,885.9 1,071.7 1,015.5 997.3 985.1 963.8 938.8 931.8 993.5 910.5 866.4 872 854.9 825 842.2 802.3 768 731.6 489.6 468.3 454.2 419 367.6 351.3
Current Liabilities
Account Payables 0 0 1,498 1,442 1,464 1,679 1,337 1,304 1,246 1,517 1,296 1,326 1,366 1,413 1,213 1,160 1,084 1,129 934 864 767 810 647 635 736 675 659 616 619 646 563 561 529 487 458 427 456 437 420 425 394 212.8 230.7 200.2 211.7 273.7 240.4 155.5 155.6 137.8 137.7 129 106 109 95 106.6 107.4 94 89.7 119.5 99.1 110.4 117.8 98.7 128.7 162.4 51.7 56.3 58.6 55 51.2 51.6 48.7 62.4 45.3 45.9 50.4 49 46 48.3 43.6 50.4 34 30.9 32.7 43.2 30.3 30.3 35
Short-Term Debt 0 0 1,911 1,910 2,559 1,553 2,308 2,238 2,215 2,237 2,438 1,923 1,336 1,312 124 125 343 119 130 115 124 870 1,219 1,202 1,192 945 613 627 521 1,373 1,275 1,277 1,984 632 632 774 35 228 135 927 770 18.9 27.6 18 19.4 20.5 17.4 12 10.5 7.3 6.5 7.5 10.7 21.7 136 138.4 128.9 136 122.3 117.3 121.5 106.3 76.4 50.2 32.8 15 71.3 70 72.2 73.6 2.6 2.6 2 4.4 1.3 1.4 2.6 3.1 0.4 2.6 4.2 5.6 8.6 1.5 0.9 1.7 3.1 2.7 1.6
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 166 (455) 46.3 166 602.2 14.4 143.4 781.7 547.9 491.3 307.2 438 376.1 432.1 370.9 253 284.3 312.9 168.7 367 325.5 294.5 128.6 299 282 269.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 6,315 7,794 2,581 2,770 2,388 2,442 2,380 2,163 2,272 2,298 2,094 2,108 2,080 2,137 2,064 2,040 2,105 2,017 2,036 2,083 2,120 2,229 1,882 1,826 1,577 1,654 1,795 1,924 1,888 1,713 1,467 1,478 1,576 1,385 1,353 1,723 1,563 1,676 1,618 346 321 0 0 0 0 0 47.6 127.6 140.9 155 126 196.3 158.7 141.6 197 84.1 115.1 90.4 179.1 184.2 186.1 185.1 221.6 225.3 274.2 522.1 161.3 143.8 152 174.4 157 149 149.2 184.9 136.2 120.9 123.8 122.3 113.2 115.7 114.1 123.2 113.8 90.6 89.5 85 72.7 67.1 60.9
Total Current Liabilities 6,315 7,794 7,414 7,288 7,929 7,616 7,669 6,926 6,955 7,921 7,458 6,584 5,866 6,303 4,571 4,404 4,408 4,549 4,449 4,252 3,953 5,041 4,689 4,405 4,162 4,400 3,921 3,946 3,713 4,807 4,153 4,046 4,800 3,289 3,021 3,014 2,033 2,554 2,423 3,605 2,580 1,295.1 1,404.8 1,441 1,075.1 1,181.8 1,087.1 843 798.3 850.5 708.2 708.9 707.5 643.2 609 613.4 599.6 617.4 673 680.4 642.5 669.6 674.5 619.1 649.1 699.5 284.3 270.1 282.8 303 210.8 203.2 199.9 251.7 182.8 168.2 176.8 174.4 159.6 166.6 161.9 179.2 156.4 123 123.1 129.9 106.1 100.1 97.5
Non-Current Liabilities
Long-Term Debt 14,224 14,859 15,222 14,829 14,383 12,188 13,325 10,127 10,807 10,901 10,382 11,149 11,857 11,857 12,751 13,374 13,885 12,472 12,629 12,734 13,059 13,230 12,008 11,811 9,404 10,231 7,889 7,974 7,950 8,486 5,928 5,925 5,920 6,590 6,593 6,592 7,184 6,686 6,713 6,717 6,706 996.3 996.2 0 0 0 0 3.9 5.4 18.8 358.9 441.4 491 595.1 672 745.2 831.2 876.5 992.4 1,072.3 1,140.1 1,181.1 1,347.6 1,400.3 1,478.8 1,488 3.9 4.4 3.8 4.4 82.1 90.4 84.6 89.5 96.6 91.4 93.5 97 103.7 121.9 119.1 95.3 99.3 35.4 34 31.3 32.9 2.2 1.4
Deferred Tax Liabilities 0 0 0 0 0 82 0 0 0 63 0 0 0 67 0 0 0 68 0 0 0 117 0 0 0 108 0 0 0 54 0 0 0 47 0 0 0 55 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 3,454.1 2,771 2,259 2,634 2,350 2,072 2,316 1,936 2,090 2,078 1,928 1,952 1,845 1,684 1,849 2,227 2,428 2,355 2,591 2,586 2,619 2,533 2,293 2,193 2,453 2,320 2,256 2,222 2,581 2,152 2,143 2,139 2,190 2,095 1,209 1,113 1,075 996 1,116 1,100 968 1,023.2 1,026.6 1,035.2 790.9 778.3 610.3 160.1 140.1 135 120.3 118 118.8 106 100 88.1 87.1 82 81 80.3 77.4 58.3 54.5 53.5 45.5 29.6 28.5 28.6 28.8 29.2 30.5 29.9 34.6 36 22.4 21.4 23 24.2 24.5 28 27.5 35.2 35.8 8.2 3.3 4.6 5.1 5.1 4.8
Total Non-Current Liabilities 17,678.1 17,630 17,858 17,852 17,147 14,721 16,015 12,442 13,275 13,398 12,679 13,464 14,069 13,965 14,949 15,954 16,683 15,205 15,518 15,626 16,000 16,205 14,611 14,324 12,163 12,960 10,423 10,465 10,531 10,692 8,071 8,064 8,110 8,732 7,802 7,705 8,259 7,737 7,829 7,817 8,280 2,019.5 2,022.8 1,035.2 790.9 778.3 610.3 164 145.5 153.8 479.2 559.4 609.8 701.1 772 833.3 918.3 958.5 1,073.4 1,152.6 1,217.5 1,239.4 1,402.1 1,453.8 1,524.3 1,517.6 32.4 33 32.6 33.6 112.6 120.3 119.2 125.5 119 112.8 116.5 121.2 128.2 149.9 146.6 130.5 135.1 43.6 37.3 35.9 38 7.3 6.2
Total Liabilities 23,993.1 25,424 25,272 25,140 25,076 22,337 23,684 19,368 20,230 21,319 20,137 20,048 19,935 20,268 19,520 20,358 21,091 19,754 19,967 19,878 19,953 21,246 19,300 18,729 16,325 17,360 14,344 14,411 14,244 15,499 12,224 12,110 12,910 12,217 11,060 11,257 10,813 10,885 10,855 11,422 10,860 3,314.6 3,427.6 2,476.2 1,866 1,960.1 1,697.4 1,007 943.8 1,004.3 1,187.4 1,268.3 1,317.3 1,344.3 1,381 1,446.7 1,517.9 1,575.9 1,746.4 1,833 1,860 1,909 2,076.6 2,072.9 2,173.4 2,217.1 316.7 303.1 315.4 336.6 323.4 323.5 319.1 377.2 301.8 281 293.3 295.6 287.8 316.5 308.5 309.7 291.5 166.6 160.4 165.8 144.1 107.4 103.7
Stockholders' Equity
Common Stock 0 0 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 37 37 37 37 37 37 37 37 37 37 37 37 37 37 37 37 39.7 39.7 39.8 39.7 39.7 41 40.1 40 20 19.9 19.9 19.8 19.8 20 19.6 19.6 19.6 19.6 19.5 19.5 9.7 9.7 9.7 9.7 9.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 0 0 19,960 19,423 18,862 18,528 18,303 17,774 17,254 16,771 15,933 15,526 15,072 14,765 14,486 13,933 13,540 13,480 13,081 12,881 12,525 12,462 12,129 11,725 12,024 11,748 11,238 10,967 10,683 10,765 8,892 8,477 8,201 8,986 9,411 9,136 8,903 8,842 8,491 8,278 8,040 5,813.1 5,553.7 5,397.4 4,961.9 4,670.6 4,224.2 2,156.7 2,004 1,868.1 1,654.2 1,546.7 1,442.6 1,360.2 1,064 1,003.2 937.5 873.4 822.6 772.6 719.9 668.1 616.5 616.4 620.1 640.9 718.9 684.2 648.9 612.9 586.6 557.6 530.3 514.3 493.2 469 444.6 419.5 398.2 378.1 357.7 336.9 319.4 302.7 285.7 268.4 254 240 226
Accumulated Other Comprehensive Income 0 0 (766) (762) (409) (293) (545) (355) (377) (416) (249) (330) (305) (221) (89) (286) (479) (531) (816) (943) (867) (1,157) (917) (715) (623) (606) (553) (630) (565) (631) (604) (557) (510) (553) (498) (590) (675) (761) (600) (595) (622) (51.8) 152 258 189 69.3 214 72.2 74.6 96.6 (0.5) (53.5) (84.9) (115.1) (132) (150.6) (138.6) (102.4) (108.3) (86.9) (71.5) (43.1) (26.3) (68.5) (52.9) (167.7) (156.9) (148.7) (141.6) (136.6) (132.1) (128) (120.6) (117.9) (110.2) (102.9) (102.9) (102.9) (90.5) (90.5) (90.5) (90.5) (57.6) (57.6) (57.6) 0 0 0 0
Total Stockholders' Equity 22,297.9 22,420 21,785 21,191 20,930 20,634 20,149 19,762 19,172 18,593 17,905 17,361 16,895 16,616 16,463 15,674 15,046 14,877 14,178 13,820 13,502 13,084 12,986 12,754 13,115 12,807 12,315 11,943 11,693 11,730 9,860 9,460 9,214 9,966 10,425 10,035 9,704 9,550 9,332 9,098 8,808 6,745.5 6,670.8 6,595.1 6,057.5 5,625.1 5,161.3 2,462.6 2,287.9 2,154.8 1,818.6 1,647 1,498.2 1,378.8 1,032 943.6 887.1 854.9 792 749.7 702.2 671.5 625.6 582.8 600.9 652.1 725.8 678.3 647.3 612.8 589.4 560.6 534.7 530.4 510.2 485.5 476.7 454.3 428.8 399.6 377.3 358.3 341.8 323 307.9 288.4 274.9 260.2 247.6
Total Liabilities & Equity 46,291 47,844 47,057 46,331 46,006 42,971 43,833 39,130 39,402 39,912 38,042 37,409 36,830 36,884 35,983 36,032 36,137 34,631 34,145 33,698 33,455 34,330 32,286 31,483 29,440 30,167 26,659 26,354 25,937 27,229 22,084 21,570 22,133 22,183 21,485 21,292 20,517 20,435 20,187 20,520 19,668 10,060.1 10,098.4 9,071.3 7,923.5 7,585.2 6,858.7 3,469.6 3,231.7 3,159.1 3,006 2,915.3 2,815.5 2,723.1 2,413 2,390.3 2,405 2,430.8 2,538.4 2,582.7 2,562.2 2,580.5 2,702.2 2,655.7 2,774.3 2,885.9 1,071.7 1,015.5 997.3 985.1 963.8 938.8 931.8 993.5 910.5 866.4 872 854.9 825 842.2 802.3 768 731.6 489.6 468.3 454.2 419 367.6 351.3
Debt Metrics
Total Debt 14,224 14,859 17,510 17,128 17,356 14,120 16,007 12,744 13,400 13,494 13,189 13,435 13,560 13,526 13,224 13,852 14,598 12,901 13,057 13,155 13,505 14,425 13,537 13,333 10,902 11,477 8,780 8,870 8,471 9,859 7,203 7,202 7,904 7,222 7,225 7,366 7,219 6,914 6,848 7,644 6,706 996.3 996.2 18 19.4 20.5 17.4 15.9 15.9 26.1 365.4 448.9 501.7 616.8 808 883.6 960.1 1,012.5 1,114.7 1,189.6 1,261.6 1,287.4 1,424 1,450.5 1,511.6 1,503 75.2 74.4 76 78 84.7 93 86.6 93.9 97.9 92.8 96.1 100.1 104.1 124.5 123.3 100.9 107.9 36.9 34.9 33 36 4.9 3
Net Debt 11,346 10,848 14,254 14,753 15,036 10,468 12,157 10,870 11,070 10,523 11,329 12,034 11,889 11,682 11,804 12,808 13,140 9,957 10,494 10,914 11,267 11,482 6,454 6,794 6,938 7,140 6,832 7,116 6,797 6,243 5,285 5,561 5,725 4,680 4,633 3,717 4,006 3,598 3,895 4,154 (270) 211.1 (206.3) (640.7) (646.9) (665.3) (153.5) (46.7) (33) (39.8) 318.3 409.3 463.9 578.1 744 841 899 958.5 1,051 1,136.9 1,196.9 1,207.4 1,332.9 1,382.3 1,409 1,378 (147.9) 19 5.3 (76) (69) (86.7) (57) (81.8) (16.4) 9.7 32.2 31.1 29.8 58.5 61 (15.9) 2.7 (24) (8.6) (16.7) (8.4) (31.7) (26.6)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income 745 849 859 884 654 546 834 825 788 1,143 692 738 592 563 816 656 323 662 438 592 302 568 621 (83) 493 725 466 480 412 2,068 590 452 443 (249) 434 391 444 510 355 380 402 132.1 184.3 173.1 152.7 135.9 134.1 107.8 107.5 104.1 106.1 72.5 85.9 81.1 77 60.2 65.7 66.5 50 52.7 51.8 43.8 0.1 (3.7) (20.8) (66.4) 34.7 35.3 36 36.9 29 29.4 30 30.8 24.2 24.5 25 25.7 20.1 20.4 20.8 21.3 16.7 17.1 17.3 17.8 13.9 14 14.5
Depreciation & Amortization 300 316 334 296 272 264 268 258 260 250 262 259 257 253 250 253 242 238 235 241 276 223 198 193 198 195 194 199 190 176 185 186 176 169 163 160 150 151 148 145 102 70 69.4 73.9 61 61 68.2 55.1 53.7 52.7 51.6 49.1 45.2 40.2 46 43.3 40.3 44 39.8 44.4 40.4 44.4 38.8 38.6 41 13.5 8.3 7.9 7.9 8.1 7.8 7.7 9.7 13.1 7.5 7.1 7 9.4 6.5 6.2 6.6 6.8 5.5 4.3 4.3 4.9 3.6 4 3.7
Stock-Based Compensation 0 0 62 49 84 45 51 46 87 40 52 39 74 28 33 36 71 30 34 39 68 27 29 30 56 32 32 28 35 32 30 28 29 28 27 26 32 26 22 21 28 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (464) 709 870 (351) (892) 461 280 (529) (895) 278 26 (352) (503) 187 (177) (380) (362) 100 260 45 (126) 446 10 510 (100) (185) (31) (165) (289) (1,198) (157) 11 (322) 759 (518) 99 (443) (13) (63) (65) (301) 54.5 (77.5) (227.4) (177.1) (144.7) 98.6 37.6 (38.5) (54.4) 11.7 9.6 (20.5) (57) 34 26.5 (28.8) (28.1) 14.6 (19.5) (60.4) 112.7 (25.9) (55.7) (97.1) 36.8 (0.9) (20.6) (31.2) (10.3) 5.3 (5.4) (62.7) 56.8 3.2 (19.5) (4.9) 2.1 11.7 (11.1) (24.5) 3.3 12 6.1 (25.2) 19.5 12 5.3 (29.7)
Other Non-Cash Items 33 68 (600) 71 118 964 31 25 3 (1) 18 (1) 28 (86) (33) (36) (71) (1) 93 (21) 77 56 1 (5) (4) 20 (72) 117 17 28 (28) (30) (21) (3) (273) 13 (68) (9) 35 39 (89) 1.2 5.2 5.9 8.1 (2.3) (1.4) 1.6 (1.6) 1.8 13.7 16.8 (0.5) (1.6) (2) 3 0.2 7.4 (0.6) 3.6 (3.5) 4 70.6 59.6 58 94.4 6.6 (7.4) (0.4) 6.4 4.8 (4.9) 0.1 25.1 2.8 5.5 (3.9) 9.8 (0.1) 6 1.9 3.9 10.2 (4) (1.9) 6.1 (2.1) (1.4) 0
Operating Cash Flow 581 2,143 1,540 1,111 250 1,931 1,474 633 204 1,528 1,050 688 445 1,003 889 529 203 1,000 933 878 452 1,237 829 620 591 735 629 514 313 1,046 618 649 297 679 79 650 151 648 493 493 203 263 187.2 32 44.7 57.9 202.7 220.5 121.1 104.2 183.1 148 110.1 62.7 183.3 133 77.4 118.5 103.8 81.2 28.3 180.5 83.6 38.8 (18.9) 78.3 48.7 15.2 12.3 41.1 46.9 26.8 (22.9) 125.8 37.7 17.6 23.2 47 38.2 21.5 4.8 35.3 44.4 23.5 (5.5) 48.3 27.4 21.9 (11.5)
Investing Activities
Capital Expenditure (166) (268) (187) (183) (123) (266) (170) (152) (167) (145) (148) (152) (130) (188) (138) (143) (119) (206) (130) (106) (83) (165) (69) (109) (144) (199) (163) (165) (122) (154) (140) (157) (121) (186) (142) (131) (139) (143) (118) (114) (115) (69.4) (71.1) (45.3) (43.1) (31.1) (46.2) (38.2) (30.9) (29.2) (51.1) (34.6) (31.7) (21.6) (104.9) (17.8) (22.5) (22.2) (21.9) (21.2) (15.4) (32) (14.7) (20.3) (9.2) (1,682.9) (18.2) (36.8) (8) 19.1 (38.7) (8.5) (7.1) (6.4) (0.8) (8.3) (11.2) (2.3) (5.9) 37.5 (65.6) 31.4 (42.2) (6.9) (11.5) (39.1) (4.4) (5.5) (5.8)
Acquisitions (22) (10) (136) 100 (4,749) (30) (1,264) (88) (246) (246) (1) (390) 0 0 0 0 (2,563) (113) (122) (77) (27) (4,196) 0 (3) (23) (521) (21) (80) (180) (1,681) (3) (63) (704) (119) (674) (29) (9) (36) (77) (4,196) (23) (2) (3) (50.1) (5.1) (9.8) (4.3) 2.3 (4.5) (4.3) (27.1) (135.2) (6.2) (5.1) (11) (28) (1.5) (10.4) (0.1) (2.9) (11.1) (2) (4.9) (5.7) (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
Purchases of Investments 0 32 (5) (16) (11) (17) (759) (14) (18) (11) (6) (7) (28) (9) (5) (29) (9) (11) (7) (26) (5) (20) (11) (15) (8) (17) (20) (17) (20) (12) (69) (68) (77) (185) (19) (54) (12) (15) (20) (22) (94) (461.3) (212.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.5) 0 0 0 0 0 (6.7) (67.7) 0 0 0 0 0 0 0 (11) (33.8) (22) 0 0 0 0 0 0 (4.8) (46.5) 0 0
Sales/Maturities of Investments 0 (40) (32) 15 767 9 9 107 23 5 7 17 25 3 208 18 11 12 15 16 12 17 13 19 12 17 18 15 19 221 56 64 53 31 20 22 14 16 117 363 289 338.8 212.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7.1 8 2.5 0 5.9 118.5 0 0 0 0 (55.8) 38.6 30.2 (56) 47 0 0 0 0 0 0 (6.4) 5.4 5.5 13.2 0 0 0 5.9
Other Investing Activities 3 (19) 39 (20) (20) 1 12 30 0 245 3 (1) 1 32 7 2 (2) 4 (3) (9) 7 12 (2) (9) 0 1 0 0 0 (2) 0 0 0 (1) 0 0 0 1 (4) 0 0 0.2 (212.7) 0.2 0 7.8 0.1 3.4 0.1 0.1 0.5 0.1 0 0.2 0 6.5 0.3 0.2 0.1 0.2 4.3 0 (2.5) 0 0 (0.1) 135.7 12.7 (12.7) (57.5) 0 5 (5) (3.3) (48) 25 (1.3) (17.8) 0 (54.5) 0 (41.9) (0.7) 0 0 0 0 (8.9) 0
Investing Cash Flow (185) (305) (321) (104) (4,136) (303) (2,172) (117) (408) (152) (145) (533) (132) (162) 72 (152) (2,682) (314) (247) (202) (96) (4,352) (69) (117) (163) (719) (186) (247) (303) (1,628) (156) (224) (849) (460) (815) (192) (146) (177) (102) (3,969) 57 (193.7) (286.8) (95.2) (48.2) (33.1) (50.4) (32.5) (35.3) (33.4) (77.7) (169.7) (37.9) (26.5) (115.9) (39.3) (23.7) (32.4) (21.9) (23.9) (15.1) (28.5) (19.6) (26) (5.3) (1,564.5) 117.5 (30.8) (88.4) (38.4) (94.5) 35.1 18.1 (65.7) (1.8) 16.7 (23.5) (53.9) (27.9) (17) (65.6) (16.9) (37.5) (1.4) 1.7 (43.9) (50.9) (14.4) 0.1
Financing Activities
Net Debt Issuance (1,000) (1,400) (649) (648) 2,979 (1,438) 2,978 (599) (1) 35 (107) (103) (102) (150) (250) (458) 1,330 (14) 14 (410) (743) (807) (5) 2,297 (496) 2,641 (13) 18 (1,353) 2,469 (1) (706) 694 1 (143) 139 304 (115) (793) 156 3,455 (0.8) 0 0 (0.2) (9.9) (147) (195.6) (84.5) (53) (116.6) 2.8 (95.7) (15.5) (77.6) (85.4) (72) (102.2) (65.6) (69.6) (16) (149.6) (44) (56.1) 27.3 1,384.6 (0.8) (0.1) (0.4) (1.3) (4.1) 0 (1.3) 0 (1.7) (1.2) (0.4) (0.4) (1.8) (1.9) 8 (6.4) 34.6 (0.2) 0.1 (1.4) 32.1 0.5 0.4
Stock Repurchased 0 0 (17) (14) (101) (49) (19) (14) (113) (34) (10) (17) (94) (33) (5) (12) (72) (26) (14) (21) (53) (31) (11) (12) (56) (6) (19) (14) (307) (16) (8) (21) (300) (12) (10) (21) (230) (5) (5) (16) (13) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.3) (23.3) (0.2) 0 (12.5) (2.4) 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (337) (321) (322) (321) (320) (305) (305) (305) (304) (285) (285) (285) (284) (263) (263) (263) (262) (237) (238) (237) (238) (216) (216) (216) (215) (193) (195) (195) (195) (175) (176) (176) (176) (159) (159) (159) (159) (142) (142) (142) (142) 0 0 (36.2) 0 (28) (0.1) (0.1) (0.1) (23.8) 0 0 0 (19.7) (0.3) (0.3) 0 (0.1) 0 0 (12.6) 0 0 0 (11.6) 0 0 0 (10.6) 0 0 0 (9.7) 0 0 0 (4.4) 0 0 0 (3.9) 0 0 0 (3.4) 0 0 0 (2.9)
Other Financing Activities (173) 628 649 (6) (24) (2) (1) (48) 0 (2) (20) 0 (1) 0 (25) (20) (3) (11) (110) (8) (19) (3) (10) (13) (1) (79) 2 3 (92) 2 6 (14) (73) (102) (33) 1 (52) 220 1 1 59 19.9 (27.6) (10) 14.4 0.1 (0.9) 1.5 5.6 0.1 0 (0.1) 0.3 (0.1) (1.4) 0.6 0.5 4.5 (4.6) (4.5) (2.2) 0 4.5 (0.4) (7.9) 6.8 1.1 (0.3) (0.2) (0.2) 25.9 (24.4) 4.9 2.3 (2.9) (2.1) 0 1 (0.8) 0.2 0.8 (1.3) 1.9 (1.7) (0.2) 1.5 (0.4) (0.9) (0.4)
Financing Cash Flow (1,510) (1,093) (339) (989) 2,534 (1,794) 2,653 (966) (418) (286) (422) (405) (481) (446) (543) (753) 993 (288) (348) (676) (1,053) (1,057) (242) 2,056 (768) 2,363 (225) (188) (1,947) 2,280 (179) (917) 145 (272) (345) (40) (137) (42) (939) (1) 3,318 14.3 (11.2) (40.3) 14.2 (31.9) (140.1) (183.5) (76.8) (70.6) (110.6) 9.9 (90.3) (21.6) (77.6) (75.8) (68.8) (91.7) (68.4) (71.7) (26.9) (147.9) (39) (55.3) 11.6 1,391.2 2 1.2 (7.6) (0.2) 22.3 (26.4) (26.1) 2.8 (4.4) (14.9) (4.9) 1.7 (1.6) (1.3) 6.2 (7.4) 36.9 (4.8) (2.6) 0.4 31.7 (0.2) (2)
Cash Position
Net Change in Cash (1,133) 755 881 55 (1,332) (198) 1,976 (456) (641) 1,111 459 (270) (173) 424 376 (414) (1,486) 381 322 3 (705) (4,140) 544 2,575 (373) 2,389 194 80 (1,942) 1,698 277 (538) (363) (50) (1,057) 436 (103) 363 (537) (3,486) 3,597 82 (126.3) (104.7) 13.7 (17) 20.6 (1.8) 7.5 1.8 (0.9) (13.5) (8.7) 10.8 (23.9) 31.4 (18.5) (9.7) 11 (12) (15.3) (11.1) 22.9 (34.4) (22.3) (98.1) 167.8 (86.1) (83.4) 0.4 (25.8) 36 (32.1) 61.4 31.3 19.4 (5.2) (5.2) 8.3 3.5 (54.3) 11.5 44.3 17.6 (6.3) 5.2 7.8 (0.2) (2)
Cash at Beginning 4,011 3,256 2,375 2,320 3,652 3,850 1,874 2,330 2,971 1,860 1,401 1,671 1,844 1,420 1,044 1,458 2,944 2,563 2,241 2,238 2,943 7,083 6,539 3,964 4,337 1,948 1,754 1,674 3,616 1,918 1,641 2,179 2,542 2,592 3,649 3,213 3,316 2,953 3,490 6,976 3,379 118.4 (55.8) 48.9 48.9 65.9 45.3 47.1 39.6 37.8 38.7 52.2 60.9 50.1 74 42.6 61.1 63.7 52.7 64.7 80 91.1 68.2 102.6 124.9 0 0 70.7 154 0 0 0 175.7 0 0 0 69 0 0 0 116.6 0 0 0 49.7 0 0 0 43.1
Cash at End 2,878 4,011 3,256 2,375 2,320 3,652 3,850 1,874 2,330 2,971 1,860 1,401 1,671 1,844 1,420 1,044 1,458 2,944 2,563 2,241 2,238 2,943 7,083 6,539 3,964 4,337 1,948 1,754 1,674 3,616 1,918 1,641 2,179 2,542 2,592 3,649 3,213 3,316 2,953 3,490 6,976 200.4 491.2 (55.8) 62.6 48.9 65.9 45.3 47.1 39.6 37.8 38.7 52.2 60.9 50.1 74 42.6 54 63.7 52.7 64.7 80 91.1 68.2 102.6 (98.1) 167.8 (15.4) 70.6 0.4 (25.8) 36 143.6 61.4 31.3 19.4 63.8 (5.2) 8.3 3.5 62.3 11.5 44.3 17.6 43.4 5.2 7.8 (0.2) 41.1
Free Cash Flow 415 1,875 1,353 928 127 1,665 1,304 481 37 1,383 902 536 315 815 751 386 84 794 803 772 369 1,072 760 511 447 536 466 349 191 892 478 492 176 493 (63) 519 12 505 375 379 88 193.6 116.1 (13.3) 1.6 26.8 156.5 182.3 90.2 75 132 113.4 78.4 41.1 78.4 115.2 54.9 96.3 81.9 60 12.9 148.5 68.9 18.5 (28.1) (1,604.6) 30.5 (21.6) 4.3 60.2 8.2 18.3 (30) 119.4 36.9 9.3 12 44.7 32.3 59 (60.8) 66.7 2.2 16.6 (17) 9.2 23 16.4 (17.3)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 6,020 7,171 6,057 6,022 5,866 6,436 5,494 5,422 5,243 5,815 4,909 4,996 4,778 5,202 4,479 4,493 4,275 4,701 4,160 4,294 3,953 4,262 3,737 2,764 3,588 4,131 3,587 3,650 3,516 3,796 3,242 3,322 3,241 3,471 3,006 3,012 2,955 3,157 2,833 2,840 2,495 2,715 2,420 2,432 2,379 2,618 2,389 2,363 2,305 2,468 2,151 2,212 2,190 2,337 2,052 2,106 2,161 2,215 2,031 2,045.5 2,015.2 1,995.1 1,767.6 1,758.2 1,799.1 1,834.2 1,653.3 1,634.3 1,601.3 1,718.2 1,653 1,712.6 1,634.4 1,658.1 1,453.2 1,463.7 1,489.3 1,462.8 1,294 1,327.9 1,320.9 1,278.5 1,171.9 1,218.6 1,202.5 1,155.5 1,028.7 1,043 1,035.1 1,001.3 891.7 829.2 733.9 709.3 639 634.2 612.4 548.4 566.5 562.1
Gross Profit 3,810 4,677 3,852 3,750 3,680 3,989 3,393 3,324 3,194 3,554 3,020 3,038 2,870 3,072 2,650 2,686 2,591 2,928 2,621 2,683 2,406 2,644 2,347 1,438 2,213 2,627 2,212 2,258 2,169 2,377 2,043 2,080 2,035 2,145 1,890 1,895 1,874 2,004 1,788 1,842 1,694 1,820 1,624 1,605 1,553 1,726 1,567 1,555 1,536 1,616 1,469 1,482 1,477 1,593 1,397 1,434 1,452 1,475 1,362 1,332.7 1,326.3 1,370.9 1,226.8 1,218.9 1,217.7 1,241 1,114.6 1,098 1,085.8 1,162.2 1,111.3 1,179.4 1,133.9 1,133.6 996.2 1,019.4 992.6 961.2 852.3 875.4 868 831.4 756.4 796.4 773.4 743.4 663.6 678.3 666.9 645.4 564.8 519.9 466.8 443.5 401.7 420.1 415.2 370.9 383.1 379.7
Operating Income 936 1,961 1,135 1,361 1,179 1,663 1,208 1,158 1,003 1,425 991 1,064 858 1,195 849 906 784 1,090 896 937 728 1,096 919 208 714 1,037 752 820 732 916 693 743 696 763 633 650 623 722 617 500 519 648 378 429 406 468 450 307 131 430 150 290 386 370 450 445 476 418 444 400.3 423.5 386.4 470.5 448.1 446.4 514 311.4 389.8 379.2 370.3 364.1 400.9 383.7 362.9 688.9 314.9 325.3 305.9 254.4 291.9 222.1 258.6 232.4 261.6 246.2 232.8 74.3 220.1 193.2 203.4 161.4 140.6 138.7 137 115 95 104.8 83.7 83.6 85.9
Net Income 745 849 859 884 654 546 834 825 788 1,143 692 738 592 563 816 656 323 662 438 592 302 568 621 (83) 493 725 466 480 412 2,068 590 452 443 (249) 434 391 444 510 355 380 402 522 301 392 224 260 57 215 70 386 103 213 304 270 353 325 350 401 327 310 307 295 337 319 321.7 306 229 291.3 281.1 277.7 273.8 305.8 290.5 276.1 228.7 509.2 241.8 227.9 187 213.9 147.5 185.7 120.7 177.8 173.1 162.7 14.4 152.7 135.9 134.1 107.5 106.1 85.9 77 65.7 64.1 66.5 50 52.7 51.8
EPS (Diluted) 1.93 2.20 2.22 2.29 1.69 1.41 2.16 2.14 2.05 2.98 1.80 1.92 1.54 1.47 2.14 1.72 0.84 1.73 1.14 1.55 0.79 1.49 1.63 -0.22 1.30 1.90 1.23 1.26 1.09 5.44 1.55 1.19 1.16 -0.65 1.14 1.03 1.17 1.34 0.94 1.00 1.07 1.38 0.79 1.03 0.58 0.67 0.16 0.56 0.18 1.01 0.27 0.56 0.79 0.71 0.92 0.85 0.91 1.04 0.84 0.79 0.78 0.75 0.85 0.80 0.80 0.76 0.57 0.73 0.71 0.70 0.66 0.73 0.70 0.66 0.55 0.65 0.59 0.55 0.46 0.52 0.36 0.45 0.29 0.43 0.41 0.40 0.04 0.37 0.33 0.33 0.26 0.26 0.21 0.19 0.16 0.16 0.16 0.13 0.13 0.13
Balance Sheet
Cash & Equivalents 2,878 4,011 3,256 2,375 2,320 3,652 3,850 1,874 2,330 2,971 1,860 1,401 1,671 1,844 1,420 1,044 1,458 2,944 2,563 2,241 2,238 2,943 7,083 6,539 3,964 4,337 1,948 1,754 1,674 3,616 1,918 1,641 2,179 2,542 2,592 3,649 3,213 3,316 2,953 3,490 6,976 785.2 1,202.5 658.7 666.3 685.8 170.9 62.6 48.9 65.9 47.1 39.6 37.8 38.7 64 42.6 61.1 54 63.7 52.7 64.7 80 91.1 68.2 102.6 125 223.1 55.4 70.7 154 153.7 179.7 143.6 175.7 114.3 83.1 63.9 69 74.3 66 62.3 116.8 105.2 60.9 43.5 49.7 44.4 36.6 29.6
Total Assets 46,291 47,844 47,057 46,331 46,006 42,971 43,833 39,130 39,402 39,912 38,042 37,409 36,830 36,884 35,983 36,032 36,137 34,631 34,145 33,698 33,455 34,330 32,286 31,483 29,440 30,167 26,659 26,354 25,937 27,229 22,084 21,570 22,133 22,183 21,485 21,292 20,517 20,435 20,187 20,520 19,668 10,060.1 10,098.4 9,071.3 7,923.5 7,585.2 6,858.7 3,469.6 3,231.7 3,159.1 3,006 2,915.3 2,815.5 2,723.1 2,413 2,390.3 2,405 2,430.8 2,538.4 2,582.7 2,562.2 2,580.5 2,702.2 2,655.7 2,774.3 2,885.9 1,071.7 1,015.5 997.3 985.1 963.8 938.8 931.8 993.5 910.5 866.4 872 854.9 825 842.2 802.3 768 731.6 489.6 468.3 454.2 419 367.6 351.3
Total Debt 14,224 14,859 17,510 17,128 17,356 14,120 16,007 12,744 13,400 13,494 13,189 13,435 13,560 13,526 13,224 13,852 14,598 12,901 13,057 13,155 13,505 14,425 13,537 13,333 10,902 11,477 8,780 8,870 8,471 9,859 7,203 7,202 7,904 7,222 7,225 7,366 7,219 6,914 6,848 7,644 6,706 996.3 996.2 18 19.4 20.5 17.4 15.9 15.9 26.1 365.4 448.9 501.7 616.8 808 883.6 960.1 1,012.5 1,114.7 1,189.6 1,261.6 1,287.4 1,424 1,450.5 1,511.6 1,503 75.2 74.4 76 78 84.7 93 86.6 93.9 97.9 92.8 96.1 100.1 104.1 124.5 123.3 100.9 107.9 36.9 34.9 33 36 4.9 3
Stockholders' Equity 22,297.9 22,420 21,785 21,191 20,930 20,634 20,149 19,762 19,172 18,593 17,905 17,361 16,895 16,616 16,463 15,674 15,046 14,877 14,178 13,820 13,502 13,084 12,986 12,754 13,115 12,807 12,315 11,943 11,693 11,730 9,860 9,460 9,214 9,966 10,425 10,035 9,704 9,550 9,332 9,098 8,808 6,745.5 6,670.8 6,595.1 6,057.5 5,625.1 5,161.3 2,462.6 2,287.9 2,154.8 1,818.6 1,647 1,498.2 1,378.8 1,032 943.6 887.1 854.9 792 749.7 702.2 671.5 625.6 582.8 600.9 652.1 725.8 678.3 647.3 612.8 589.4 560.6 534.7 530.4 510.2 485.5 476.7 454.3 428.8 399.6 377.3 358.3 341.8 323 307.9 288.4 274.9 260.2 247.6
Cash Flow
Operating Cash Flow 581 2,143 1,540 1,111 250 1,931 1,474 633 204 1,528 1,050 688 445 1,003 889 529 203 1,000 933 878 452 1,237 829 620 591 735 629 514 313 1,046 618 649 297 679 79 650 151 648 493 493 203 263 187.2 32 44.7 57.9 202.7 220.5 121.1 104.2 183.1 148 110.1 62.7 183.3 133 77.4 118.5 103.8 81.2 28.3 180.5 83.6 38.8 (18.9) 78.3 48.7 15.2 12.3 41.1 46.9 26.8 (22.9) 125.8 37.7 17.6 23.2 47 38.2 21.5 4.8 35.3 44.4 23.5 (5.5) 48.3 27.4 21.9 (11.5)
Capital Expenditure (166) (268) (187) (183) (123) (266) (170) (152) (167) (145) (148) (152) (130) (188) (138) (143) (119) (206) (130) (106) (83) (165) (69) (109) (144) (199) (163) (165) (122) (154) (140) (157) (121) (186) (142) (131) (139) (143) (118) (114) (115) (69.4) (71.1) (45.3) (43.1) (31.1) (46.2) (38.2) (30.9) (29.2) (51.1) (34.6) (31.7) (21.6) (104.9) (17.8) (22.5) (22.2) (21.9) (21.2) (15.4) (32) (14.7) (20.3) (9.2) (1,682.9) (18.2) (36.8) (8) 19.1 (38.7) (8.5) (7.1) (6.4) (0.8) (8.3) (11.2) (2.3) (5.9) 37.5 (65.6) 31.4 (42.2) (6.9) (11.5) (39.1) (4.4) (5.5) (5.8)
Free Cash Flow 415 1,875 1,353 928 127 1,665 1,304 481 37 1,383 902 536 315 815 751 386 84 794 803 772 369 1,072 760 511 447 536 466 349 191 892 478 492 176 493 (63) 519 12 505 375 379 88 193.6 116.1 (13.3) 1.6 26.8 156.5 182.3 90.2 75 132 113.4 78.4 41.1 78.4 115.2 54.9 96.3 81.9 60 12.9 148.5 68.9 18.5 (28.1) (1,604.6) 30.5 (21.6) 4.3 60.2 8.2 18.3 (30) 119.4 36.9 9.3 12 44.7 32.3 59 (60.8) 66.7 2.2 16.6 (17) 9.2 23 16.4 (17.3)