Tenaris S.A. logo TS - Tenaris S.A.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 15
HOLD 10
SELL 1
STRONG
SELL
0
| PRICE TARGET: $66.67 DETAILS
HIGH: $80.00
LOW: $60.00
MEDIAN: $60.00
CONSENSUS: $66.67
UPSIDE: 18.10%
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1
Revenue
Revenue 2,966.6 3,111.7 2,995.1 2,964.9 3,085.7 2,922.2 2,845.2 2,915.5 3,321.7 3,441.5 3,414.9 3,237.8 4,074.9 4,141.2 3,620.2 2,974.8 2,800.5 2,367.0 2,057.2 1,753.7 1,528.5 1,181.8 1,130.6 1,012.8 1,241.0 1,762.3 1,740.5 1,763.8 1,918.0 1,871.8 2,105.0 1,898.9 1,788.5 1,866.2 1,588.9 1,302.9 1,242.8 1,153.9 1,045.8 1,048.5 1,120.7 1,257.3 1,419.9 1,559.2 1,868.1 2,253.6 2,676.5 2,420.6 2,660.9 2,579.9 2,674.1 2,415.1 2,829.3 2,678.3 2,758.1 2,657.1 2,801.5 2,617.3 2,750.6 2,494.8 2,403.1 2,324.0 2,063.9 2,027.2 1,981.8 1,638.7 1,847.2 1,771.5 2,096.3 2,449.5 3,238.8 3,118.5 3,148.4 2,626.2 2,488.9 2,523.6 2,604.2 2,425.3 2,059.8 1,922.5 1,962.3 1,783.2 1,898.6 1,640.4 1,744.3 1,452.9 1,272.7 1,007.2 996.8 859.3 761.6 759.6 868.9 789.6
Cost of Revenue 1,982.0 2,057.8 1,980.1 1,937.5 2,013.6 1,920.9 1,922.3 1,935.6 2,143.6 2,134.1 2,120.6 1,973.4 2,267.2 2,307.8 2,064.0 1,766.5 1,735.3 1,521.9 1,400.4 1,214.5 1,113.8 883.0 895.5 855.9 1,042.3 1,293.7 1,244.2 1,248.7 1,342.8 1,271.8 1,442.0 1,305.2 1,226.6 1,305.5 1,077.1 918.3 865.7 823.9 757.5 766.6 814.8 927.4 1,023.5 1,096.5 1,324.4 1,440.7 1,659.4 1,510.2 1,590.9 1,527.0 1,589.2 1,507.7 1,714.4 1,645.4 1,672.5 1,659.0 1,694.7 1,611.1 1,722.9 1,548.8 1,523.4 1,434.4 1,277.8 1,252.6 1,183.4 987.0 1,156.5 1,080.2 1,264.9 1,380.4 1,710.5 1,745.1 1,842.9 1,500.7 1,383.2 1,436.5 1,404.6 1,291.5 910.2 982.5 1,019.0 972.5 1,070.9 962.9 1,043.8 865.1 837.5 641.3 677.7 620.5 536.4 508.8 604.1 558.5
Gross Profit 984.7 1,054.0 1,015.0 1,027.4 1,072.0 1,001.4 923.0 979.9 1,178.1 1,307.5 1,294.3 1,264.5 1,807.7 1,833.4 1,556.2 1,208.3 1,065.1 845.1 656.8 539.3 414.7 298.8 235.2 156.9 198.7 468.6 496.4 515.1 575.1 600.0 663.0 593.7 561.9 560.7 511.8 384.6 377.1 330.0 288.3 282.0 305.8 329.9 396.5 462.7 543.7 812.9 1,017.1 910.5 1,070.0 1,052.9 1,084.9 907.4 1,114.8 1,032.9 1,085.6 998.1 1,106.8 1,006.3 1,027.7 946.0 879.7 889.6 786.1 774.7 798.3 651.7 690.7 691.3 831.4 1,069.1 1,528.2 1,373.4 1,305.5 1,125.5 1,105.8 1,087.0 1,199.6 1,133.8 1,149.6 940.0 943.2 810.7 827.6 677.5 700.5 587.8 435.2 365.9 319.2 238.9 225.2 250.8 264.8 231.0
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 63.4 0 0 0 63.7 0 0 0 68.6 0 0 0 0 0 0 0 106.9 0 0 0 105.6 0 0 0 83 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 484.1 468.3 381.6 433.0 483.6 403.4 383.7 454.0 496.7 417.1 410.7 432.7 528.7 411.8 377.3 403.4 411.7 316.4 287.3 316.7 296.8 206.6 197.3 234.1 286.0 293.6 290.7 333.1 338.6 298.6 487.1 335.7 337.6 301.9 272.0 304.7 327.1 221.9 176.6 312.5 342.0 220.9 369.0 381.6 437.6 327.6 369.4 480.1 518.2 366.0 38.4 439.2 529.3 363.1 494.3 458.7 486.7 326.3 (89.1) 462.4 468.3 449.8 (441.7) 370.3 391.1 347.4 (28.0) 327.2 395.9 392.4 468.2 459.2 481.8 343.8 402.5 400.9 419.2 331.0 452.4 246.5 250.4 212.1 239.0 205.9 212.5 185.1 196.2 168.9 167.5 139.8 140.5 141.6 146.2 133.0
Other Expenses 6.6 0 76.6 0 5.7 48.1 (19.1) (11.2) 169.7 79.8 64.7 (36.1) 0 70.3 165.8 1.8 (9.5) 44.4 96.2 (8.3) (33.8) 40.6 30.5 (6.9) 3.4 684.6 53.9 (5.1) 2.0 42.3 164.9 (0.6) 1.9 46.6 66.8 0.8 (1.5) 72.1 76.5 (16.7) 3.6 66.8 0 400.5 (5.0) 105.8 85.7 (3.2) 2.5 121.1 439.5 4.5 7.3 116.2 409.1 0 0 113.7 432.0 (1.7) (1.0) (1.6) 761.6 (0.7) 1.9 0 388.1 3.5 (1.3) (1.4) 500.7 (19.6) 0 70.8 (28.7) (1.2) 0 45.2 (105.8) (2.3) 0 (2.3) 11.7 (3.7) (2.6) (3.0) (116.4) (4.9) (2.1) (3.5) 116.8 0 6.1 (0.5)
Operating Expenses 490.7 468.3 458.2 433.0 489.3 451.4 364.6 442.8 666.4 496.9 475.4 396.6 529.6 482.0 543.2 405.2 402.3 360.8 383.5 308.4 263.0 247.2 227.8 227.2 289.3 978.2 344.6 328.0 340.7 340.9 484.3 335.2 339.5 348.5 343.8 305.5 325.6 294.0 282.4 295.8 345.6 287.7 372.1 782.1 432.6 433.5 455.0 476.9 520.7 487.1 477.9 443.7 536.6 479.3 499.6 414.5 486.7 440.1 342.9 460.8 467.3 448.2 319.9 369.6 393.0 347.4 360.0 330.8 394.6 391.0 968.9 439.5 481.8 414.6 373.8 399.7 419.2 376.2 346.6 244.2 250.4 209.8 250.7 202.2 209.9 182.1 79.8 164.0 165.5 136.3 257.3 141.6 152.3 132.5
Operating Income
Operating Income 494.0 585.7 556.8 596.6 582.7 549.9 558.4 537.1 511.7 811.7 819.0 867.9 1,278.2 1,351.4 1,013.1 803.1 662.8 484.3 273.3 230.9 151.7 51.6 7.4 (70.3) (90.6) (509.5) 151.8 187.1 234.5 259.0 178.7 258.5 222.4 212.2 168.0 79.1 51.5 36.0 5.8 (13.8) (39.8) 42.2 24.4 (319.5) 111.1 379.4 350.2 433.6 549.3 565.8 589.4 463.7 578.2 553.6 586.0 583.6 620.9 566.2 555.7 485.3 412.4 441.4 453.8 405.1 405.3 309.3 330.6 360.6 436.8 678.1 559.3 933.9 823.7 710.9 731.9 687.3 780.4 757.6 803.0 695.8 692.8 600.9 576.9 475.2 490.6 405.7 355.4 201.9 153.7 102.6 (32.1) 109.2 112.5 98.6
Interest Expense 11.9 11.7 15.8 9.6 9.8 11.7 8.9 16.0 11.7 20.6 19.8 19.2 36.4 31.5 20.2 17.7 6.1 1.8 6.9 6.3 5.8 4.7 4.6 6.6 7.4 8.4 13.1 13.5 11.3 7.0 7.8 8.6 10.4 10.2 8.6 6.5 6.0 5.9 6.3 6.9 4.8 4.3 2.7 4.7 9.4 5.7 7.9 12.9 10.6 13.0 21.1 18.8 16.6 13.9 14.6 18.2 12.7 9.9 13.0 14.1 12.2 13.0 12.1 10.0 21.9 20.1 (43.9) 46.4 24.4 40.8 0 70.1 34.0 67.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 53.0 65.0 48.8 55.9 64.5 72.5 51.2 55.4 68.9 47.4 58.6 53.9 45.0 44.5 60.5 23.2 6.4 5.5 25.5 4.2 3.7 4.6 7.8 4.9 3.8 5.1 11.8 13.1 12.8 10.5 10.2 10.9 9.9 11.3 11.8 11.8 11.1 12.9 7.9 14.6 24.2 15.7 8.9 2.6 11.0 7.5 10.1 7.0 9.9 9.1 11.0 9.2 6.9 6.1 8.8 9.4 5.7 9.6 11.1 5.5 6.5 7.7 7.4 14.0 4.4 7.1 7.7 10.4 8.2 4.6 0 16.9 16.5 12.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 882.0 833.8 640.5 787.3 806.8 757.4 783.3 760.3 640.6 1,031.1 1,145.0 980.3 1,580.6 1,582.2 1,260.8 939.5 903.6 715.7 567.4 539.5 462.6 291.7 264.2 120.0 56.9 (354.5) 308.3 321.7 369.7 450.9 478.2 393.5 362.8 358.4 254.1 225.3 200.3 198.2 172.4 172.2 135.4 191.1 198.2 (156.3) 353.1 527.1 536.7 587.1 702.4 726.4 720.5 621.6 747.6 715.9 624.1 733.5 754.0 741.0 728.3 638.7 562.6 591.0 596.5 544.4 547.5 473.7 421.9 493.7 621.9 767.0 722.6 1,107.9 1,019.2 893.4 875.1 812.6 910.7 858.1 892.0 749.0 747.9 651.8 634.5 528.1 542.4 457.7 413.1 250.4 201.7 156.4 21.8 156.7 163.1 146.4
EBIT 586.0 681.8 619.1 631.2 656.8 611.0 615.5 609.1 502.1 855.7 988.7 844.2 1,450.1 1,456.7 1,081.6 797.0 760.6 572.6 415.2 391.1 313.0 147.2 79.2 (57.6) (92.3) (521.5) 169.9 187.1 234.5 319.5 231.1 336.1 312.3 260.5 168.0 103.0 72.1 72.7 5.8 4.7 (28.5) 29.3 (0.1) (315.5) 116.7 392.1 380.3 216.5 574.7 639.6 630.7 475.5 596.0 570.5 477.1 588.8 616.3 602.8 574.4 503.6 426.6 461.6 467.5 418.4 421.6 347.7 292.9 365.9 495.6 645.3 593.5 973.0 884.8 758.9 731.9 671.7 780.4 757.6 803.0 692.8 690.1 597.1 576.9 475.2 490.6 405.7 355.4 201.9 153.7 102.6 (32.1) 109.2 112.5 98.6
Income Before Tax 574.1 670.1 603.3 624.3 647.0 599.2 641.8 593.2 486.4 835.1 968.9 825.0 1,413.7 1,425.2 1,061.4 779.3 754.5 570.7 408.4 384.7 307.1 142.5 74.6 (64.2) (99.7) (530.0) 158.3 208.3 254.6 312.5 223.3 327.5 301.9 250.4 198.3 96.5 66.1 66.8 43.4 16.6 (11.6) 39.3 (2.8) (320.2) 107.3 385.9 372.4 203.6 564.1 627.1 609.6 456.7 579.4 556.6 462.4 574.0 608.5 598.1 561.3 506.3 416.9 461.4 455.3 408.4 399.7 327.6 336.8 334.9 471.1 596.2 427.2 902.9 854.3 691.8 717.8 635.6 777.1 734.9 805.1 721.7 722.4 633.0 579.2 496.6 486.3 394.0 326.7 216.0 190.0 86.7 (41.2) 116.8 108.4 63.4
Income Tax Expense 81.9 103.9 142.2 171.7 105.3 81.3 122.7 134.0 138.1 84.9 (176.8) 278.2 277.6 296.0 258.2 171.2 120.5 67.3 72.2 58.5 17.0 41.7 (34.9) (28.3) (49.4) 135.8 9.8 107.7 14.9 70.0 (1.7) 80.4 135.5 15.1 36.2 1.3 (7.4) (47.2) 26.8 1.1 (2.4) 11.4 42.2 35.4 35.0 131.9 126.2 116.6 144.2 199.1 201.8 142.4 149.8 133.9 112.1 136.5 148.3 144.7 135.0 140.8 112.2 137.2 134.2 105.7 104.7 105.4 96.0 97.6 114.5 203.1 312.8 271.7 218.6 208.6 156.5 199.2 242.7 225.5 240.3 211.7 226.7 191.3 164.4 145.7 144.6 114.1 53.2 67.2 60.9 39.1 (26.1) 53.4 18.7 17.9
Net Income 477.1 542.7 448.9 443.7 531.3 506.9 516.2 448.1 335.2 737.0 1,129.1 537.3 1,123.0 1,128.6 807.3 606.5 636.7 502.8 370.0 329.9 293.9 106.3 106.6 (32.9) (48.0) (660.1) 151.8 106.5 241.5 242.9 225.8 246.9 168.3 235.0 160.2 104.9 74.5 205.1 33.8 16.6 (13.3) 18.2 (46.7) (354.9) 66.3 255.1 246.9 81.2 407.9 422.5 408.6 300.2 417.8 424.8 357.7 436.4 461.1 443.8 399.6 325.0 287.2 319.4 320.9 304.8 282.1 219.5 222.4 229.9 343.3 366.0 244.5 570.6 987.5 473.0 546.5 401.0 495.9 480.3 574.8 479.1 471.8 441.7 381.0 318.9 313.5 280.0 467.4 141.6 127.3 48.4 13.7 61.4 89.7 45.5
Per Share Data
EPS (Basic) 0.94 1.04 0.86 0.86 1.00 0.94 0.94 0.80 0.58 1.26 1.92 0.92 1.90 1.92 1.36 1.02 1.08 0.86 0.62 0.56 0.50 0.18 0.18 -0.06 -0.08 -1.12 0.26 0.18 0.40 0.42 0.38 0.42 0.28 0.40 0.28 0.18 0.12 0.20 0.06 0.01 -0.05 0.02 -0.11 -0.60 0.12 0.44 0.42 0.14 0.70 0.72 0.70 0.50 0.70 0.72 0.60 0.74 0.78 0.74 0.68 0.56 0.48 0.54 0.54 0.52 0.48 0.38 0.38 0.38 0.58 0.62 0.16 0.96 1.68 0.80 0.92 0.68 0.84 0.82 0.98 0.82 0.80 0.72 0.64 0.54 0.54 0.46 0.80 0.24 0.22 0.08 0.02 0.11 0.16 0.08
EPS (Diluted) 0.94 1.04 0.86 0.82 1.00 0.94 0.94 0.80 0.58 1.26 1.92 0.92 1.90 1.92 1.36 1.02 1.08 0.86 0.62 0.56 0.50 0.18 0.18 -0.06 -0.08 -1.12 0.26 0.18 0.40 0.42 0.38 0.42 0.28 0.40 0.28 0.18 0.12 0.20 0.06 0.01 -0.05 0.02 -0.11 -0.60 0.11 0.44 0.42 0.14 0.70 0.72 0.70 0.50 0.70 0.72 0.60 0.74 0.78 0.74 0.68 0.56 0.48 0.54 0.54 0.52 0.48 0.38 0.38 0.38 0.58 0.62 0.16 0.96 1.68 0.80 0.92 0.68 0.84 0.82 0.98 0.82 0.80 0.72 0.64 0.54 0.54 0.46 0.80 0.24 0.22 0.08 0.02 0.11 0.16 0.08
Shares Outstanding 504.8 519.8 519.8 538.5 538.5 538.5 549.2 555.9 569.1 580.0 588.1 590.3 590.3 587.8 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 583.7 590.3 590.3 590.3 590.3 590.3 590.3 590.3 572.3 590.3 590.3 590.3 563.4 590.3 590.3 590.3 590.3 590.3 590.3 590.3 574.3 590.3 590.3 590.3 583.8 590.3 590.3 590.3 590.3 590.3 584.9 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.4 590.3 590.3 590.8 591.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.3 590.2 580.4 580.4 580.4 580.4
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1
Current Assets
Cash & Cash Equivalents 557.1 1,152.1 572.6 547.2 572.3 770.2 675.3 715.0 850.2 1,323.3 1,637.8 864.0 755.3 861.5 1,091.5 994.9 636.6 315.4 318.1 513.8 587.3 695.2 584.7 1,005.2 911.0 841.7 1,554.3 1,537.0 1,202.0 897.8 428.4 236.3 428.0 328.7 330.2 436.4 271.2 427.6 399.7 468.6 394.4 531.8 286.5 497.8 519.2 675.6 417.6 584.3 642.4 659.8 614.5 603.1 618.4 948.8 828.5 787.5 742.6 1,076.8 823.7 764.8 424.3 903.8 843.9 919.0 1,276.8 1,631.9 1,542.8 1,741.4 1,622.9 1,980.6 1,538.8 1,489.8 1,337.8 1,080.6 962.5 1,651.8 891.2 1,634.8 1,372.3 1,295.2 776.1 911.0 707.4 567.8 450.6 477.1 311.6 287.4 269.0 221.0 247.8 208.6 149.0 390.1
Short-Term Investments 2,225.7 2,265.4 2,306.8 2,442.1 2,482.5 2,581.8 2,373.0 2,798.8 2,452.4 2,248.9 1,969.6 2,496.7 1,850.0 1,081.1 438.4 434.6 559.8 354.1 397.8 457.9 573.7 649.9 872.5 620.5 445.2 174.4 210.4 322.8 360.7 432.6 487.7 794.3 730.2 999.6 1,192.3 1,146.2 1,431.9 1,613.7 1,633.1 1,830.6 1,879.1 2,036.2 2,140.9 2,338.8 2,569.1 2,375.1 1,838.4 2,181.5 1,749.0 1,553.3 1,248.9 1,461.0 1,134.6 824.6 666.0 888.8 419.4 420.2 430.8 634.2 870.9 665.3 676.2 642.0 504.6 667.4 601.2 528.9 273.4 63.1 45.9 27.0 351.9 135.4 87.5 214.4 169.4 188.7 183.6 134.7 296.4 297.6 119.9 144.7 0 0 119.7 139.6 139.1 138.6 138.3 0 0 0
Net Receivables 2,341.0 2,377.5 2,546.8 2,857.2 2,367.9 2,254.5 2,433.3 2,387.1 2,678.3 2,857.0 2,916.5 2,452.4 2,918.5 3,058.8 2,750.7 2,225.8 2,092.5 1,937.8 1,495.6 1,291.7 1,273.4 1,066.8 1,098.1 1,116.9 1,300.6 1,428.7 1,348.2 1,310.2 1,481.1 1,528.5 1,737.4 1,659.0 1,536.3 1,554.9 1,214.1 1,066.5 1,024.5 1,010.5 954.7 918.8 1,019.3 1,152.7 1,135.1 1,232.5 1,531.6 1,675.9 1,963.4 1,750.0 1,962.4 2,064.4 1,983.0 1,926.4 2,577.9 2,474.0 2,070.8 2,197.6 2,247.3 2,231.2 2,070.1 2,040.8 1,991.9 1,990.7 1,646.0 1,806.0 1,521.0 1,395.5 1,475.0 1,521.3 1,765.8 2,262.0 2,374.8 2,275.9 2,410.2 2,013.7 1,971.2 1,951.6 2,077.4 1,911.7 1,897.9 1,630.9 1,640.6 1,445.4 1,467.5 1,324.8 1,426.6 1,298.9 970.2 1,084.8 1,049.2 936.4 664.6 792.0 924.2 825.8
Inventory 3,716.2 3,606.9 3,602.1 3,506.6 3,486.5 3,519.2 3,709.9 3,762.7 3,834.6 3,911.7 3,921.1 3,884.9 3,884.4 3,991.5 3,986.9 3,679.1 3,370.1 3,032.1 2,689.8 2,477.4 2,145.6 1,910.3 1,651.3 1,621.6 1,857.7 2,235.3 2,265.9 2,387.4 2,432.7 2,462.8 2,524.3 2,664.6 2,530.1 2,384.4 2,368.3 2,204.8 1,988.8 1,673.0 1,563.9 1,498.6 1,533.7 1,604.2 1,843.5 2,023.6 2,142.4 2,438.3 2,779.9 2,825.1 2,774.0 2,705.7 2,702.6 2,674.5 2,697.9 2,894.5 2,985.8 2,988.7 2,985.1 2,864.3 2,806.4 2,772.2 2,765.9 2,578.7 2,460.4 2,270.3 2,062.8 1,820.3 1,687.1 1,902.6 2,150.8 2,563.7 3,091.4 3,334.0 2,991.8 2,748.7 2,598.9 2,642.9 2,640.6 2,437.8 2,372.3 1,668.7 1,550.7 1,491.6 1,376.1 1,445.1 1,389.6 1,360.7 1,269.5 1,064.3 916.7 885.6 831.9 728.4 691.6 675.1
Other Current Assets 183.0 196.7 1.9 4.5 247.6 178.4 7.5 8.7 5.0 2.9 9.8 258.5 217.3 205.3 159.1 254.5 161.7 137.7 63.0 146.7 93.2 89.0 51.0 6.6 4.6 7.9 174.9 273.4 276.0 271.6 170.1 317.2 296.7 0 163.9 0 0 0 388.8 0 0 0 135.4 0 0 0 356.7 0 0 0 196.3 0 0 0 17.9 204.4 171.7 169.7 6.0 192.0 249.2 253.5 270.9 252.2 251.0 194.1 260.3 256.2 224.8 191.6 201.6 143.3 188.6 200.6 242.8 231.8 200.7 160.7 202.7 144.3 127.2 121.1 102.5 112.2 100.9 96.6 341.1 0 0 0 153.4 0 0 0
Total Current Assets 9,022.9 9,598.6 9,072.9 9,357.6 9,156.9 9,304.0 9,236.2 9,922.1 9,820.5 10,343.8 10,504.5 9,956.6 9,625.5 9,198.2 8,468.6 7,588.8 6,820.7 5,777.1 4,981.2 4,887.5 4,673.2 4,411.2 4,287.7 4,370.9 4,519.1 4,687.9 5,670.6 5,830.8 5,752.4 5,593.2 5,464.2 5,671.4 5,521.3 5,584.2 5,381.2 5,224.4 5,084.0 5,049.8 4,968.6 4,990.2 5,115.4 5,658.0 5,743.0 6,484.0 7,165.5 7,543.9 7,396.3 7,709.4 7,523.8 7,317.6 6,925.5 7,045.1 7,028.9 7,141.8 6,987.1 7,067.0 6,566.1 6,762.2 6,393.2 6,404.0 6,302.3 6,391.9 5,955.5 5,889.5 5,616.3 5,709.1 5,621.8 5,950.2 6,037.7 7,061.0 7,252.4 7,270.0 7,280.4 6,178.9 5,862.9 6,692.5 5,979.2 6,333.7 6,028.8 4,873.8 4,391.0 4,266.8 3,773.3 3,594.6 3,367.8 3,233.3 3,012.1 2,576.1 2,373.9 2,181.7 2,035.9 1,729.0 1,764.8 1,891.0
Non-Current Assets
Property, Plant & Equipment 6,294.7 6,316.6 6,349.6 6,362.2 6,315.5 6,330.9 6,270.3 6,300.5 6,247.4 6,231.2 6,210.3 6,027.5 5,894.7 5,670.5 5,668.0 5,752.7 5,772.1 5,891.4 5,933.5 6,152.9 6,248.6 6,310.5 6,435.1 6,534.9 6,633.4 6,701.9 6,323.1 6,352.2 6,403.7 6,431.4 6,063.9 6,092.0 6,139.8 6,218.3 6,229.1 6,192.3 6,124.3 6,048.7 6,001.9 6,026.7 5,945.3 5,840.1 5,672.3 5,508.0 5,367.1 5,192.7 5,159.6 4,963.9 4,856.8 4,754.4 4,673.8 4,631.9 4,537.0 4,490.3 4,435.0 4,327.5 4,215.7 4,184.1 4,053.7 4,029.6 4,212.4 4,016.1 3,780.6 3,576.2 3,329.7 3,323.5 3,254.6 3,193.3 3,122.1 2,936.2 2,982.9 3,307.6 3,423.1 3,350.2 3,269.0 3,286.2 3,228.3 2,978.4 2,939.2 2,403.9 2,319.4 2,275.1 2,230.0 2,222.2 2,209.1 2,116.3 2,164.6 2,096.9 1,889.6 1,924.9 1,960.3 1,942.7 1,981.6 1,935.6
Goodwill 0 0 1,091.5 0 0 0 1,090.0 0 0 0 1,103.7 0 0 0 1,085.1 0 0 0 1,084.6 0 0 0 1,086.0 0 0 0 1,320.2 0 0 0 1,288.3 0 0 0 1,292.5 0 0 0 1,292.7 0 0 0 1,333.8 0 0 0 1,745.4 0 0 0 1,806.8 0 0 0 1,806.9 0 0 0 2,146.2 0 0 0 2,147.1 0 0 0 1,804.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 1,356.0 1,356.5 265.6 1,357.3 1,362.3 1,359.5 267.7 1,355.8 1,351.7 1,356.1 273.4 1,336.6 1,334.0 1,331.2 247.5 1,347.9 1,358.9 1,365.3 287.5 1,384.8 1,404.3 1,411.8 343.1 0 0 0 241.3 1,565.9 1,575.6 1,576.4 177.6 1,591.0 1,614.0 1,635.8 368.4 1,729.4 1,761.7 1,804.7 570.2 1,971.0 2,032.4 2,087.4 809.7 2,220.0 2,674.5 2,709.5 1,012.3 2,973.9 2,993.7 3,028.0 1,260.5 3,095.4 3,131.8 3,161.0 1,393.0 3,242.6 2,247.3 3,330.8 1,229.7 3,434.0 3,509.5 3,548.3 1,434.8 3,543.5 3,576.3 1,395.5 1,866.2 3,707.9 3,736.8 3,761.0 3,827.0 4,347.9 4,427.5 4,469.4 4,542.4 4,900.6 4,925.7 2,826.6 2,844.5 165.7 165.0 159.7 159.1 160.0 161.6 157.7 49.2 55.4 57.6 54.3 54.0 53.8 44.8 32.9
Long-Term Investments 2,824.6 2,412.5 2,319.3 2,393.7 2,737.0 2,588.7 2,549.0 2,571.5 2,665.7 2,665.5 2,014.4 2,323.3 2,185.4 2,210.9 1,660.5 1,907.2 1,723.2 1,980.5 1,853.9 1,861.8 1,648.2 1,460.1 1,335.9 1,050.3 902.3 878.4 904.9 899.1 889.8 962.6 923.7 945.9 882.0 942.5 790.2 874.6 908.0 937.8 828.3 856.0 877.1 886.4 907.0 858.1 619.7 638.2 666.7 658.2 943.3 934.6 915.3 933.5 931.8 987.8 985.7 1,107.0 1,098.3 1,182.6 672.8 718.2 750.4 742.8 715.4 701.0 670.2 664.7 636.7 610.6 605.1 539.5 565.4 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 0 0 139.2 161.4 0 197.4 205.6 199.5 194.1 177.2 186.0 0 0 0 211.7 0 236.9 0 63.1 0 0 0 22.8 150.6 151.9 152.6 157.1 154.7 156.2 157.0 151.9 130.0 155.7 173.4 183.3 187.6 198.2 202.0 197.0 202.4 201.5 213.9 220.6 235.5 247.5 257.8 262.2 249.1 219.8 209.1 152.1 120.6 121.8 128.9 142.1 129.9 135.6 137.0 133.3 138.5 138.0 121.6 120.4 121.7 109.9 102.2 101.6 81.1 84.6 57.2 82.8 719.4 716.1 1,305.4 1,259.8 587.6 563.4 519.6 491.0 458.8 409.1 399.3 348.7 334.2 285.2 264.4 275.2 144.4 149.9 128.0 128.5 252.1 246.1 188.8
Total Non-Current Assets 11,288.5 10,916.0 10,999.4 11,108.3 11,250.7 11,315.3 11,213.9 11,218.1 11,279.2 11,204.0 10,577.4 9,882.7 9,633.8 9,441.1 9,081.6 9,272.6 9,355.3 9,497.0 9,468.3 9,652.7 9,540.5 9,391.1 9,428.5 9,491.4 9,377.0 9,433.6 9,172.4 9,189.5 9,231.0 9,290.6 8,787.1 8,949.2 8,968.9 9,139.9 9,017.1 9,135.9 9,142.1 9,146.5 9,034.7 9,237.5 9,254.2 9,221.6 9,143.9 9,021.4 9,116.2 9,028.5 9,114.4 9,085.5 9,233.2 9,127.5 9,005.5 8,994.3 8,914.8 8,969.6 8,976.8 9,029.8 8,963.2 9,070.8 8,470.4 8,537.6 8,837.9 8,636.6 8,408.8 8,162.9 7,903.3 7,929.3 7,861.5 7,788.7 7,766.3 7,664.4 7,848.3 8,731.2 8,889.7 9,438.1 9,381.7 9,112.3 9,054.8 6,618.0 6,566.4 3,276.4 3,107.2 3,046.3 2,932.7 2,886.0 2,827.8 2,692.4 2,650.2 2,444.8 2,226.9 2,231.8 2,273.7 2,302.0 2,324.7 2,210.5
Total Assets 20,311.3 20,514.7 20,072.3 20,465.9 20,407.6 20,619.3 20,450.1 21,140.2 21,099.7 21,547.7 21,081.9 19,839.3 19,259.3 18,639.3 17,550.2 16,861.4 16,176.0 15,274.1 14,449.4 14,540.2 14,213.7 13,802.4 13,716.2 13,862.3 13,896.1 14,121.4 14,843.0 15,020.3 14,983.4 14,883.8 14,251.3 14,620.6 14,490.2 14,724.1 14,398.2 14,360.3 14,226.1 14,196.2 14,003.3 14,227.7 14,369.7 14,879.5 14,887.0 15,505.4 16,281.7 16,572.3 16,510.7 16,794.9 16,757.0 16,445.1 15,931.0 16,039.4 15,943.6 16,111.4 15,963.9 16,096.8 15,529.3 15,833.0 14,863.6 14,941.6 15,140.1 15,028.5 14,364.3 14,052.4 13,519.6 13,638.4 13,483.3 13,738.9 13,804.1 14,725.5 15,100.7 16,001.1 16,170.1 15,617.1 15,244.6 15,804.8 15,033.9 12,951.7 12,595.2 8,150.2 7,498.2 7,313.0 6,706.0 6,480.6 6,195.6 5,925.7 5,662.3 5,021.0 4,600.8 4,413.5 4,309.5 4,031.0 4,089.5 4,101.5
Current Liabilities
Account Payables 865.6 845.9 872.9 830.2 910.4 831.7 880.3 962.4 1,020.5 1,041.4 1,107.6 999.2 1,020.2 1,067.6 1,179.5 1,011.0 998.8 1,006.1 845.3 791.4 730.1 634.6 462.1 364.0 414.7 530.2 555.9 551.9 636.7 596.5 693.7 762.7 813.0 810.3 750.7 721.8 709.7 642.1 556.8 550.9 506.6 450.4 504.2 590.2 573.7 652.6 837.1 894.8 880.6 820.0 834.6 804.3 820.1 817.0 883.2 922.3 1,008.9 911.5 901.7 875.1 890.1 796.5 818.2 822.9 815.4 0 556.4 0 531.6 642.0 896.8 1,090.3 1,095.2 869.8 847.8 811.1 843.1 766.9 838.3 769.5 761.3 683.3 625.3 614.7 694.6 613.9 592.1 538.7 488.2 484.8 459.8 455.7 463.5 502.2
Short-Term Debt 301.5 379.5 305.4 325.3 319.9 345.2 426.0 486.0 559.5 608.3 535.1 630.3 672.0 569.4 0.1 859.1 727.5 375.0 254.1 441.7 351.3 285.9 346.8 401.4 467.1 523.2 0.0 873.8 844.9 623.9 1.6 776.6 897.3 970.6 931.1 796.6 820.9 676.6 808.6 713.2 787.2 966.0 747.9 974.8 1,235.1 1,154.6 967.9 1,105.5 913.1 736.2 684.1 937.6 1,093.8 1,139.8 55.8 1,343.1 1,026.5 813.3 8.7 994.3 1,069.7 1,124.1 1,023.8 713.7 751.2 743.3 791.4 1,594.1 1,020.0 1,650.5 1,735.6 1,404.1 1,544.8 963.8 1,150.8 1,139.8 867.0 632.9 794.2 321.2 405.4 329.7 332.2 384.0 482.0 578.9 838.6 738.8 711.0 585.1 458.9 513.1 544.9 397.3
Deferred Revenue 129.9 153.6 168.8 182.9 139.8 228.1 206.2 324.4 298.2 239.3 263.7 160.5 100.6 136.2 242.9 324.6 343.6 96.9 92.4 56.7 37.6 52.6 48.7 68.8 69.3 76.8 82.7 79.6 44.1 57.2 62.7 60.6 89.6 37.4 56.7 85.8 80.3 62.3 39.7 40.9 68.9 90.5 134.8 188.2 213.7 188.7 133.6 139.7 92.0 102.6 56.9 26.8 34.3 92.4 134.0 160.2 163.9 156.9 55.6 78.4 66.2 273.3 70.1 247.2 229.1 0 486.2 0 385.0 477.0 0 0 0 0 0 0 0 0 0 0 0 517.2 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 603.7 567.4 293 554.2 958.6 519.1 443.4 605.7 852.9 532.4 168.3 359.0 420.6 356.7 736.5 300.4 340.7 293.4 119.7 291.5 260.3 215.8 106.1 257.4 278.6 290.4 951.0 490.4 440.9 529.7 807.4 535.9 497.8 386.2 179.9 446.5 416.9 393.1 194.3 388.1 458.3 483.9 328.8 719.3 785.8 826.6 479.9 873.2 781.2 755.1 69.3 653.0 389.3 358.8 1,235.9 663.7 712.1 747.1 884.5 668.0 563.7 349.7 466.3 376.6 317.7 538.0 136.2 36.0 504.4 514.2 380.8 1,245.1 1,579.2 1,103.1 1,062.4 1,370.7 1,172.5 1,299.4 1,133.0 840.4 659.3 325.0 741.6 741.0 582.9 627.5 569.2 455.9 392.1 368.6 410.0 329.2 343.7 403.2
Total Current Liabilities 2,217.8 2,315.4 2,346.4 2,294.3 2,681.4 2,282.2 2,636.7 2,718.1 3,159.7 2,939.8 2,902.0 2,528.7 2,595.5 2,639.3 2,788.4 2,783.4 2,672.4 1,942.9 1,559.6 1,687.8 1,462.1 1,254.2 1,166.5 1,230.6 1,370.3 1,583.1 1,780.5 1,953.9 1,956.9 1,786.1 1,718.4 2,075.2 2,208.1 2,167.1 2,070.9 1,964.9 1,947.5 1,711.8 1,731.1 1,652.3 1,752.0 1,900.3 1,754.8 2,284.3 2,594.6 2,633.8 2,602.8 2,873.5 2,574.9 2,311.3 2,119.7 2,394.8 2,591.3 2,650.9 2,829.4 3,089.2 2,911.3 2,628.8 2,403.7 2,615.8 2,589.7 2,543.5 2,378.5 2,160.3 2,113.3 1,917.5 1,970.5 2,129.9 2,441.0 3,283.7 3,790.0 3,739.5 4,219.2 2,936.8 3,061.0 3,321.6 2,882.6 2,699.1 2,765.5 1,931.1 1,826.0 1,855.3 1,699.1 1,739.6 1,759.5 1,820.3 1,999.8 1,733.4 1,591.2 1,438.5 1,328.7 1,297.9 1,352.0 1,302.7
Non-Current Liabilities
Long-Term Debt 0.4 0.4 0.4 2.3 4.4 7.4 11.4 14.4 21.4 28.1 48.3 25.2 51.0 56.7 46.4 47.2 16.9 7.9 111.4 111.4 290.1 294.6 315.7 304.3 231.8 175.2 40.9 49.0 49.4 57.0 29.2 31.6 31.8 34.9 34.6 35.0 32.0 31.6 31.5 32.7 32.9 33.6 223.1 24.1 25.6 27.5 30.1 21.7 173.1 175.9 244.7 319.5 423.4 491.0 530.9 599.1 676.1 425.1 149.7 177.1 160.6 217.4 220.3 376.2 461.5 657.0 654.8 848.0 998.3 1,174.9 1,240.5 1,600.9 1,589.7 2,753.4 2,869.5 3,770.0 3,955.2 2,765.3 2,857.0 554.1 585.0 639.1 678.1 642.4 682.6 546.9 420.8 463.8 397.4 333.8 374.8 224.0 240.9 317.4
Deferred Tax Liabilities 395.2 388.6 442.2 463.0 472.6 472.8 503.9 479.2 495.4 488.1 631.6 447.1 376.7 329.9 269.1 284.5 279.8 261.3 274.7 291.1 283.2 277.8 254.8 424.4 380.0 419.9 337.0 380.8 355.3 364.9 379.0 474.1 473.0 413.1 458.0 507.6 536.2 557.8 550.7 629.8 661.4 681.7 750.3 745.8 712.4 721.9 714.1 700.3 710.2 744.2 751.1 717.7 672.9 696.4 749.2 781.6 791.0 797.3 828.5 852.3 929.1 931.8 934.2 885.2 849.1 839.9 860.8 872.9 867 1,037.7 1,053.8 1,111.2 1,150.8 1,224.8 1,233.8 1,360.2 1,358.9 978.2 991.9 362.0 354.7 359.4 353.4 350.5 362.3 346.1 372.0 414.0 396.8 395.2 418.3 384.0 298.6 296.2
Other Non-Current Liabilities 381.0 369.1 359.3 350.6 360.3 369.1 383.9 405.9 397.8 385.6 373.0 351.8 361.3 336.7 328.3 326.6 329.5 319.1 315.2 327.0 325.2 312.4 318.9 315.7 315.6 327.6 20.9 278.7 278.6 265.8 398.6 689.7 687.6 633.2 482.0 729.9 220.2 773.0 764.3 228.3 228.6 915.1 981.5 1,007.0 982.4 284.2 737.7 986.3 994.3 1,025.7 25.6 1,025.1 965.6 1,004.5 174.1 207.6 204.2 232.7 44.9 228.3 217.0 213.4 35.0 193.2 190.6 196.8 29.6 202.0 211.8 225.1 313.9 291.1 308.5 564.1 550.4 295.4 311.8 278.1 279.1 244.2 208.8 203.3 199.5 209.4 210.0 204.2 208.5 254.7 241.6 239.2 226.5 175.1 269.5 272.8
Total Non-Current Liabilities 874.8 851.8 896.9 912.4 931.5 940.5 999.6 1,002.6 1,023.3 998.9 1,149.5 910.5 877.3 805.4 727.4 743.3 709.6 677.3 784.1 910.2 1,087.9 1,078.1 1,103.2 1,264.3 1,148.9 1,124.7 876.2 910.2 876.3 881.5 657.4 758.4 755.4 707.2 746.3 803.0 831.3 846.9 859.1 954.6 987.2 1,012.5 1,266.1 1,098.9 1,075.0 1,096.0 1,101.5 1,081.1 1,240.1 1,272.5 1,341.4 1,416.6 1,462.5 1,568.1 1,574.2 1,655.7 1,740.3 1,529.6 1,287.0 1,336.7 1,398.4 1,451.2 1,435.2 1,543.2 1,584.5 1,778.4 1,792.0 2,007.5 2,156.5 2,510.8 2,608.8 3,003.2 3,049.1 4,542.3 4,653.7 5,425.5 5,625.9 4,021.6 4,128.1 1,160.2 1,148.5 1,201.8 1,231.1 1,202.3 1,254.9 1,097.2 1,001.2 1,132.4 1,035.9 968.2 1,019.6 783.1 809.1 886.4
Total Liabilities 3,092.7 3,167.2 3,243.2 3,206.7 3,612.9 3,222.7 3,636.3 3,720.6 4,183.0 3,938.7 4,051.5 3,439.2 3,472.8 3,444.8 3,515.8 3,526.6 3,382.0 2,620.2 2,343.7 2,598.0 2,550.0 2,332.2 2,269.7 2,495.0 2,519.2 2,707.8 2,656.6 2,864.1 2,833.3 2,667.6 2,375.8 2,833.6 2,963.5 2,874.3 2,817.2 2,767.9 2,778.8 2,558.7 2,590.2 2,606.9 2,739.2 2,912.7 3,020.9 3,383.2 3,669.7 3,729.7 3,704.4 3,954.6 3,815.0 3,583.8 3,461.1 3,811.4 4,053.8 4,219.0 4,403.6 4,744.9 4,651.6 4,158.3 3,690.7 3,952.5 3,988.0 3,994.7 3,813.8 3,703.6 3,697.8 3,695.9 3,762.5 4,137.4 4,597.5 5,794.5 6,398.8 6,742.7 7,268.3 7,479.1 7,714.7 8,747.1 8,508.5 6,720.7 6,893.6 3,091.3 2,974.5 3,057.1 2,930.2 2,941.9 3,014.4 2,917.5 3,001.1 2,865.8 2,627.1 2,406.6 2,348.3 2,081.0 2,161.1 2,189.1
Stockholders' Equity
Common Stock 1,009.6 1,072.0 1,072.0 1,072.0 1,072.0 1,162.8 1,162.8 1,162.8 1,162.8 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 0 0 1,180.5 1,180.5 0 0 1,180.5 0 0 0 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.5 1,180.3 0 875.4 875.4
Retained Earnings 17,148.0 18,422.7 17,882.0 17,733.2 17,299.4 18,248.9 17,741.9 17,524.9 17,075.8 17,479.5 16,742.5 15,848.6 15,311.3 14,590.3 13,461.6 12,855.0 12,248.5 11,942.4 11,439.6 11,223.0 10,893.2 10,764.5 10,658.2 10,633.8 10,666.8 10,714.7 11,374.8 11,494.5 11,269.9 11,477.0 11,116.1 11,161.8 10,796.8 10,959.1 10,718.9 10,830.1 10,725.3 10,863.3 10,658.1 10,777.8 10,761.2 11,128.6 11,110.5 11,334.2 11,689.1 11,977.0 11,721.9 11,652.0 11,570.8 11,517.1 11,094.6 10,838.6 10,656.5 10,474.8 10,050.0 9,845.8 9,409.4 9,243.4 8,799.6 8,553.5 0 0 7,869.8 7,702.4 0 0 7,143.8 0 0 0 6,489.9 6,549.7 5,979.1 5,286.7 4,813.7 4,420.6 4,019.7 3,877.9 3,397.6 2,822.8 2,343.7 2,076.2 1,656.5 1,425.5 1,106.6 992.5 536.5 621.9 406.7 353.0 304.6 0 135.2 100.5
Accumulated Other Comprehensive Income (1,194.8) (1,185.6) (1,229.7) (1,191.9) (1,551.1) (1,266.1) (1,565.5) (1,198.1) (1,395.6) (1,337.5) (1,476.1) (1,409.3) (1,475.9) (1,315.5) (1,346.2) (1,440.3) (1,389.1) (1,224.5) (1,269.3) (1,249.8) (1,198.2) (1,266.8) (1,185.5) (1,242.0) (1,268.8) (1,282.7) (1,176.1) (1,329.5) (1,118.7) (1,262.2) (1,123.5) (1,260.4) (1,155.5) (998.7) (1,026.9) (1,124.7) (1,174.4) (1,122.9) (1,161.0) (1,083.7) (1,082.9) (1,110.2) (1,187.4) (1,157.0) (1,022.8) (1,075.4) (858.0) (755.9) (567.6) (583.1) (594.4) (580.6) (722.4) (529.2) (452.3) (463.7) 272.8 0 (83.6) 0 0 0 242.3 75.1 0 0 29.5 0 0 0 (223.8) 346.2 555.4 484.2 402.3 369.0 287.9 175.2 150.8 117.5 85.2 94.0 61.0 70.6 66.4 47.0 169.2 (404.7) (337.6) (254.8) (252.9) 1,824.5 724.5 747.0
Total Stockholders' Equity 16,962.8 17,094.4 16,599.2 17,041.1 16,583.5 17,164.7 16,593.3 17,200.4 16,708.1 17,407.5 16,843.0 16,229.5 15,625.6 15,065.1 13,905.7 13,204.9 12,649.7 12,508.1 11,960.6 11,763.5 11,485.2 11,288.0 11,262.9 11,182.1 11,188.3 11,222.3 11,989.0 11,955.3 11,941.5 12,005.1 11,782.9 11,691.7 11,431.6 11,750.6 11,482.2 11,495.7 11,341.2 11,530.6 11,287.4 11,484.3 11,468.6 11,808.7 11,713.3 11,967.5 12,456.6 12,691.8 12,654.1 12,686.4 12,793.5 12,724.3 12,290.4 12,048.3 11,724.4 11,735.8 11,388.0 11,172.4 10,699.3 10,985.6 10,506.2 10,344.4 10,469.7 10,377.2 9,902.4 9,699.6 9,203.3 9,322.6 9,092.2 8,982.8 8,637.0 8,399.3 8,176.6 8,686.2 8,324.8 7,561.2 7,006.3 6,579.9 6,097.9 5,843.4 5,338.6 4,730.6 4,219.2 3,960.5 3,507.8 3,286.3 2,963.3 2,829.8 2,495.9 2,007.5 1,859.4 1,888.4 1,841.3 1,824.5 1,735.1 1,723.0
Total Liabilities & Equity 20,311.3 20,514.7 20,072.3 20,465.9 20,407.6 20,619.3 20,450.1 21,140.2 21,099.7 21,547.7 21,081.9 19,839.3 19,259.3 18,639.3 17,550.2 16,861.4 16,176.0 15,274.1 14,449.4 14,540.2 14,213.7 13,802.4 13,716.2 13,862.3 13,896.1 14,121.4 14,843.0 15,020.3 14,983.4 14,883.8 14,251.3 14,620.6 14,490.2 14,724.1 14,398.2 14,360.3 14,226.1 14,196.2 14,003.3 14,227.7 14,369.7 14,879.5 14,887.0 15,505.4 16,281.7 16,572.3 16,510.7 16,794.9 16,757.0 16,445.1 15,931.0 16,039.4 15,943.6 16,111.4 15,963.9 16,096.8 15,529.3 15,833.0 14,863.6 14,941.6 15,140.1 15,028.5 14,364.3 14,052.4 13,519.6 13,638.4 13,483.3 13,738.9 13,804.1 14,725.5 15,100.7 16,001.1 16,170.1 15,617.1 15,244.6 15,804.8 15,033.9 12,951.7 12,595.2 8,150.2 7,498.2 7,313.0 6,706.0 6,480.6 6,195.6 5,925.7 5,662.3 5,021.0 4,600.8 4,413.5 4,309.5 4,031.0 4,089.5 4,101.5
Debt Metrics
Total Debt 446.9 473.5 449.0 477.5 472.4 497.8 582.3 652.1 737.3 775.6 717.9 741.9 811.3 708.2 158.7 991.2 857.1 471.9 448.2 733.8 830.8 773.7 876.4 973.2 963.7 944.8 271.1 1,162.3 1,121.8 909.4 539.0 734.1 840.5 1,005.6 965.9 831.5 852.9 708.2 840.2 746.0 820.0 999.6 971.5 998.9 1,260.7 1,182.1 999.2 1,127.2 1,086.2 912.1 930.9 1,257.1 1,517.3 1,630.8 1,744.2 1,942.1 1,702.5 1,238.4 930.9 1,171.5 1,230.3 1,341.5 1,244.5 1,089.9 1,212.7 1,400.3 1,446.8 2,442.0 2,018.2 2,825.4 4,107.0 3,004.9 3,134.5 3,717.2 4,020.2 4,909.7 4,822.3 3,398.2 3,651.2 875.3 990.4 968.8 1,010.3 1,026.4 1,164.5 1,125.8 1,259.3 1,202.6 1,108.4 918.9 833.7 737.1 785.8 714.7
Net Debt (110.1) (678.6) (123.7) (69.7) (99.9) (272.4) (92.9) (62.9) (113.0) (547.8) (920.0) (122.1) 56.0 (153.2) (932.8) (3.7) 220.5 156.5 130.1 220.0 243.5 78.4 291.7 (32.0) 52.7 103.0 (1,283.2) (374.7) (80.2) 11.7 110.6 497.8 412.5 676.9 635.6 395.2 581.6 280.6 440.5 277.3 425.7 467.9 685.0 501.1 741.5 506.5 581.6 542.9 443.8 252.3 316.4 653.9 898.8 682.1 915.7 1,154.6 959.9 161.6 107.1 406.7 806.0 437.7 400.6 170.9 (64.1) (231.7) (96.1) 700.7 395.3 844.8 2,568.2 1,515.1 1,796.6 2,636.7 3,057.7 3,258.0 3,931.1 1,763.4 2,278.9 (419.9) 214.2 57.8 302.9 458.6 713.9 648.7 947.8 915.2 839.4 697.9 585.8 528.5 636.9 324.6
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1
Operating Activities
Net Income 476.5 542.7 448.9 452.6 538.0 517.9 516.2 459.2 348.2 737.0 1,145.8 537.3 1,123.0 1,129.2 803.2 608.1 634.0 503.4 336.1 326.2 290.2 100.8 106.6 (35.9) (50.3) (665.7) 151.8 100.5 239.7 242.6 225.1 247.1 166.5 235.2 162.2 95.2 73.4 205.6 24.5 15.5 (9.2) 27.9 (45.0) (355.7) 72.3 253.9 246.2 87.0 419.9 428.0 407.8 314.3 429.6 422.7 350.3 437.5 455.3 453.4 426.3 365.5 304.7 324.2 321.2 302.7 295.0 222.2 240.8 237.3 336.4 393.1 114.5 631.2 1,030.0 500.0 595.8 436.4 534.5 509.4 612.0 510.0 495.8 441.7 414.8 350.9 341.6 280.0 467.4 141.6 127.3 48.4 13.7 61.4 89.7 45.5
Depreciation & Amortization 155.1 152.0 162.9 156.8 151.9 146.4 167.8 151.1 138.5 175.4 156.3 136.1 130.6 125.5 179.1 142.5 143.0 143.1 152.2 148.5 149.6 144.5 185.0 177.6 149.2 167.0 138.3 134.6 135.2 131.3 247.1 135.0 140.4 141.8 151.3 146.3 148.8 162.2 167.8 167.5 164.0 163.2 198.4 159.2 153.5 147.7 156.4 153.5 153.1 152.7 155.2 157.9 151.6 145.4 147.1 144.7 137.7 138.2 153.9 135.1 136.0 129.4 129.0 126.0 125.9 126.0 129.0 127.8 126.3 121.7 129.2 134.9 134.4 134.5 143.2 140.9 130.3 100.5 89.0 56.2 55.1 54.7 57.6 52.9 51.8 52.0 57.8 48.5 48.0 53.8 53.9 47.5 50.6 47.9
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 20.1 0 0 0 17.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 0.3 (84.1) 19.7 (312.4) 30.9 223.8 (36.6) 48.0 285.1 (9.5) (65.7) 392.4 646.1 (460.6) (682.1) (601.2) (198.5) (591.8) (373.2) (275.6) (313.8) (83.3) 190.7 334.2 446.1 317.0 188.7 157.3 146.6 199.5 (79.0) (301.3) (28.2) (363.6) (274.1) (240.0) (260.3) (104.9) (211.0) 149.0 307.3 102.9 23.9 437.6 396.8 515.6 (340.0) 234.6 16.7 16.7 (122.9) 239.2 56.1 16.3 (247.3) (103.8) 53.1 (5.0) (156.7) (1.7) (95.1) (392.9) (152.7) (427.9) (194.3) 130.8 202.4 359.5 809.0 366.5 (248.6) (257.5) (326.9) (218.7) (200.8) 215.8 (27.6) (97.7) (218.9) (31.1) (195.3) (24.3) (224.7) 124.9 (124.2) (209.9) (198.5) (111.6) (136.0) (175.0) (84.0) 40.1 (105.5) 42.3
Other Non-Cash Items (85.6) 9.3 155.7 (5.8) 6.0 (13.0) (155.0) 2.3 247.7 13.3 (123.1) 231.1 (558.1) (62.2) 84.7 20.2 (189.9) (88.2) (93.0) (158.4) (163.7) (103.5) (342.9) (3.3) (8.8) 611.6 (214.6) (3.4) (0.9) 0.6 0.2 (0.8) 6.2 0.6 4.0 2.7 7.3 (2.5) (2.1) (8.2) (0.2) (19.4) (5.0) 5.6 1.8 (4.5) (6.0) (13.1) (10.0) (8.1) 0.2 5.1 (4.3) (30.7) (0.9) 16.2 0.0 18.1 32.7 (162.5) (20.5) 104.9 (43.7) 121.3 (168.0) (42.7) (155.2) 47.8 (160.6) (117.9) 384.2 (265.8) (563.5) 153.2 (306.7) 96.8 (426.1) 176.1 16.6 63.0 (185.6) 72.0 115.6 (42.4) (6.2) 60.6 (284.9) 61.0 (32.7) (16.7) 39.3 (1.4) (93.9) 28.6
Operating Cash Flow 546.3 619.9 787.2 318.3 726.8 821 492.2 551.8 935.2 887.0 835.7 1,296.9 1,341.6 920.8 523.9 242.1 427.8 (26.6) 46.0 52.9 (50.4) 70.5 139.5 417.3 447.6 516.1 264.3 373.8 342.3 547.6 239.3 49.8 351.2 (29.6) (12.9) (2.4) (32.8) 26.1 (78.8) 253.5 379.7 309.1 202.7 586.3 548.1 877.9 206.3 659.4 566.5 611.8 427.5 753.2 611.1 563.4 346.6 494.6 414.5 604.7 456.2 336.3 325.1 165.7 253.8 122.1 58.6 436.3 417.0 772.4 1,111.1 763.4 379.3 242.8 274.0 568.9 231.5 889.8 211.1 688.3 498.7 598.1 170.0 544.1 363.4 486.3 263.0 182.7 41.7 139.5 6.6 (89.5) 22.8 147.6 (59.1) 164.3
Investing Activities
Capital Expenditure (121.3) (114.9) (121.6) (180.4) (151.9) (173.8) (181.9) (183.6) (174.8) (172.1) (166.8) (159.4) (153.7) (117.1) (120.8) (115.4) (75.7) (85.5) (69.3) (74.3) (53.9) (48.4) (33.6) (41.6) (45.5) (68.5) (69.7) (86.2) (96.9) (85.7) (74.1) (76.4) (102.6) (90.9) (120.0) (141.8) (154.3) (136.7) (156.7) (169.1) (208.9) (228.5) (300.2) (299.9) (260.6) (260.7) (384.8) (326.3) (216.8) (213.7) (169.9) (193.6) (177.3) (179.5) (197.6) (187.0) (203.1) (196.4) (188.7) (212.1) (251.2) (210.6) (286.1) (212.8) (190.4) (158.0) (133.1) (101.5) (106.5) (119.8) (106.1) (131.8) (116.9) (88.5) (113.3) (105.4) (109.2) (119.9) (139.4) (133.0) (99.6) (69.5) (90.0) (62.8) (84.3) (47.3) 15.8 (116.3) (42.9) (39.9) (39.2) (34.8) (45.0) (43.6)
Acquisitions 10.5 (4.0) (17.7) 0 44.4 0 0 5.5 25.9 9.5 (162.4) (100.3) (4.1) 0 0 0 (4.1) 0 24.3 0 0 0 0 38.5 0 (1,063.8) 0 (9.8) 0 (132.8) 0 0 0 0 0 (10.4) (3.7) 327.6 0 0 (17.1) 0 (4.4) 0 0 0 (0.9) (27.2) 0 (1.4) 0 0 0 0 3.1 (6.2) 0 (504.6) 0 212.1 0 0 (0.3) 3.4 (4.8) 1.5 (0.0) (0.0) (74.5) 0.9 (8.7) 1,105.8 (0.8) (1.0) 1.2 (0.0) (1,997.0) (2.9) (2,294.4) (0.7) (9.3) (29.8) 0 0 (47.9) (0.0) 0 0 0 0 2.6 (19.1) (22.5) (26.2)
Purchases of Investments (286.7) 0 0 0 93.2 0 0 0 0 (761.0) 0 0 0 0 0 0 0 0 0 (0.7) 0 0 0 0 0 0 0 0 0 85.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 196.4 0 194.7 0 0 0 0 0 (66.1) (50.8) (255.4) (204.4) (23.2) 106.1 0 (216.5) (47.9) 0 0 0 (5.1) (49.0) 161.8 1.1 (177.7) (5.2) 0 0 (27.7) 0 0 0 0 0 0 0 0
Sales/Maturities of Investments (78.6) 147.4 0 0 0 0 0 0 0 0 0 0 0 0 0 128.7 0 0 111.8 35.5 0 0 0 0 0 31.3 0 0 0 66.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10.6 0 42.0 (11.0) 11.0 0 0 0 158.0 133.1 101.5 106.5 119.8 (18.9) 0 3.8 5.0 0 0 0 0 0 13.2 1.6 1.8 0 0 0 1.4 0 0 0 0 0 0 0 0
Other Investing Activities 6.4 5.5 263.1 29.3 6.2 (213.2) 492.4 (410.0) (224.6) (1.1) 769.0 (845.6) (860.4) (885.8) 60.4 0.8 (66.1) 47.1 (33.5) (65.3) 64.3 136.6 (327.7) (296.6) (285.3) (67.5) 113.5 25.6 193.6 (44.5) 368.9 (54.3) 344.0 84.4 54.2 345.8 242.3 (54.0) 235.3 89.9 223.1 133.8 105.0 (48.9) (163.1) (540.7) 311.1 (414.6) (188.1) (323.2) 212.3 (326.4) (295.1) (157.4) 244.4 (471.7) 19.5 (191.6) 195.3 (210.8) (176.7) 1.3 (31.6) (135.4) 157.0 (155.1) (126.3) (96.1) (93.5) (117.2) (99.7) (785.5) 1,127.4 (3.4) 172.1 (42.7) 32.7 2.7 (1.2) 1.4 (0.0) 0.6 35.3 (163.7) 60.4 139.2 (36.2) (5.9) 18.9 6.7 3.5 23.0 (51.5) 0.7
Investing Cash Flow (481.4) 34.0 123.8 34.2 (8.1) (387.0) 310.5 (409.5) (373.5) (924.8) 439.8 (1,105.3) (1,018.2) (1,002.9) (60.3) 14.1 (145.9) 28.6 102.0 (29.2) 61.6 133.5 (361.3) (299.7) (330.8) (1,100.5) 43.8 (70.4) 96.7 (110.5) 294.9 (130.7) 241.4 (6.5) (65.8) 193.6 84.4 137.0 78.6 (79.2) (3.0) (94.7) (199.7) (348.7) (423.7) (801.4) (74.6) (768.1) (404.9) (538.2) 42.4 (520.0) (472.5) (336.9) 49.9 (664.9) (183.7) (685.6) 6.6 25.9 (438.9) (198.4) (318.0) (344.9) (38.3) (219.7) (177.1) (351.5) (372.4) (139.5) (127.3) 188.5 797.0 (135.8) 59.9 (148.2) (2,073.6) (125.2) (2,484.0) 42.7 (106.2) (274.5) (60.0) (226.5) (71.8) 65.6 (20.5) (122.2) (24.0) (33.2) (33.1) (30.9) (119.1) (69.2)
Financing Activities
Net Debt Issuance (47.6) 11.1 (42.7) (12.8) (32.3) (96.2) (55.7) (130.8) (70.0) 59.1 (56.8) (67.9) (3.4) (131.4) (152.6) 135.1 385.8 (3.7) (189.0) (92.8) 45.5 (89.6) (111.8) (21.8) (43.5) (110.3) (136.9) 56.9 177.0 35.2 (187.8) (104.3) (150.5) 29.7 133.2 (28.4) 140.4 (138.5) 90.4 (73.3) (164.6) 32.6 (17.8) (246.4) 75.3 189.1 (114.2) 63.3 181.3 25.7 (298.5) (249.9) (83.1) (51.3) (240.6) 248.0 466.4 308.7 (225.5) 49.6 (129.1) 77.8 148.8 (125.3) (130.2) (108.7) (271.0) (308.7) (739.7) (145.9) 11.6 (143.6) (542.8) (359.9) (833.4) 15.3 1,502.0 (312.7) 2,077.6 (113.9) 17.9 (53.5) 2.7 (154.6) 29.7 (118.2) 5.5 0.9 197.4 96.2 63.3 (61.4) 53.9 (9.9)
Stock Repurchased 0.2 (89.9) (536.9) (351.5) (240.5) (237.2) (454.5) (181.7) (492.3) (311.1) 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
Dividends Paid (606.4) 0 (300.0) 0 (605.1) 0 (299.2) 0 (458.6) 0 (235.1) 0 (401.4) 0 (200.7) 0 (330.6) 0 (153.5) 0 (165.3) 0 (82.6) 0 0 0 (153.5) 0 (330.6) 0 (153.5) 0 (330.6) 0 (153.5) 0 (330.6) 0 (153.5) 0 (354.2) 0 (177.1) 0 (354.2) 0 (177.1) 0 (354.2) 0 (153.5) 0 (354.2) 0 (153.5) 0 (295.1) 0 (153.5) 0 0 0 (153.5) 0 0 0 (166.9) (5.5) 0 0 (240.7) (55.1) 0 0 (213.7) 0 0 0 0 0 0 0 (156.3) (5.2) 0 0 (0.0) 0 0 0 (8.1) (2.5) 0 0
Other Financing Activities (1.3) 0.0 (0.9) (3) (28.5) 0 0.0 (5.9) (0.0) 1.1 (213.7) 0.5 (15.7) 0 2.1 (15.6) 1.6 0 0 (0.1) (3.2) 0 (5.3) 0 0.0 0.0 0 (1.2) (0.7) 0.0 (1.8) (0.6) (1.1) 0 (4.8) (0.0) (19.2) (0.0) (1.1) (24.3) (0.1) (4.7) (3.1) (0.0) (0.9) 0 (0.1) 0 (0.5) (48.0) 0 (0.1) (9.1) (17.2) (0.0) (0.0) (758.5) (0.9) (11.0) (6.1) (265.1) (5.0) (12.9) (4.0) (262.5) (0.0) 0 (15.1) (381.3) 0 60.1 0 (350.3) 0 45.3 (5.4) (390.7) (3.4) (3.6) (3.6) (212.7) (7.6) 0 0 (202.2) 0 0 0 (135.1) 0 0 0 (118.5) 0
Financing Cash Flow (655.0) (78.7) (880.5) (367.2) (906.5) (333.4) (809.3) (318.4) (1,020.9) (250.8) (505.7) (67.4) (420.5) (131.4) (351.1) 119.6 56.9 (3.7) (342.5) (92.9) (123.0) (89.6) (199.7) (21.8) (43.5) (110.3) (290.4) 55.7 (154.2) 35.2 (343.1) (104.9) (482.2) 29.7 (25.1) (28.4) (209.4) (138.5) (64.1) (97.6) (518.9) 28.0 (198.0) (246.4) (279.7) 189.1 (291.3) 63.3 (173.3) (22.2) (452.0) (250.0) (446.3) (68.5) (394.1) 248.0 (587.2) 307.8 (390.0) 43.5 (394.2) 72.7 (17.6) (132.7) (392.7) (108.7) (437.9) (314.2) (1,121.0) (145.9) (168.9) (148.6) (893.0) (359.9) (1,001.8) 9.9 1,111.3 (316.1) 2,074.0 (117.5) (202.9) (52.9) (153.6) (159.8) (172.6) (118.2) 5.5 0.9 62.3 96.2 55.2 (63.9) (64.7) (9.9)
Cash Position
Net Change in Cash (595.1) 579.5 25.5 (24.5) (197.9) 98.2 (20.5) (167.4) (474.4) (293.5) 752.6 108.7 (106.1) (230.0) 100.6 354.9 321.6 (3.7) (195.6) (71.6) (109.9) 110.5 (419.8) 93.5 71.0 (714.4) 18.7 352.5 285.5 470.8 190.7 (191.2) 102.5 (5.3) (104.7) 163.9 (155.9) 28.2 (69.5) 75.5 (138.1) 244.5 (210.3) (20.3) (155.1) 255.4 (166.7) (56.6) (9.9) 51.5 12.0 (19.9) (319.5) 152.9 (2.3) 81.3 (366.8) 245.5 59.1 392.1 (503.2) 45.1 (80.6) (343.6) (380.5) 96.2 (204.7) 124.7 (360.0) 443.7 61.4 144.6 246.1 118.7 (694.3) 765.5 (731.6) 249.7 88.6 524.2 (135.0) 214.8 149.1 101.2 6.6 129.8 24.2 18.5 48.0 (26.9) (62.9) 161.8 (241.1) 85.5
Cash at Beginning 1,152.1 572.6 547.0 571.5 770.2 660.8 681.3 848.7 1,323.1 1,616.6 864.0 755.3 861.4 1,091.4 990.8 635.9 314.3 318.1 513.7 585.2 695.1 584.6 1,004.4 910.9 839.9 1,554.3 1,535.5 1,183.0 897.5 426.7 236.0 427.3 324.7 330.1 434.8 270.8 426.7 398.6 468.1 392.6 530.7 286.2 496.5 516.7 671.8 416.4 583.2 639.8 649.7 598.1 586.2 606.0 925.6 772.7 775.0 693.7 1,060.6 815.0 754.1 362.0 865.2 820.2 900.8 1,244.4 1,624.9 1,528.7 1,733.4 1,608.7 1,968.7 1,525.0 1,463.6 1,319.0 1,073.0 954.3 1,648.6 883.0 1,614.7 1,365.0 1,276.4 752.3 887.2 672.4 531.5 430.3 423.7 293.8 287.4 269.0 221.0 247.8 310.8 149.0 390.1 304.5
Cash at End 557.1 1,152.1 572.4 547.0 572.3 759.0 660.8 681.3 848.7 1,323.1 1,616.6 864.0 755.3 861.4 1,091.4 990.8 635.9 314.3 318.1 513.7 585.2 695.1 584.6 1,004.4 910.9 839.9 1,554.3 1,535.5 1,183.0 897.5 426.7 236.0 427.3 324.7 330.1 434.8 270.8 426.7 398.6 468.1 392.6 530.7 286.2 496.5 516.7 671.8 416.4 583.2 639.8 649.7 598.1 586.2 606.0 925.6 772.7 775.0 693.7 1,060.6 813.2 754.1 362.0 865.2 820.2 900.8 1,244.4 1,624.9 1,528.7 1,733.4 1,608.7 1,968.7 1,525.0 1,463.6 1,319.0 1,073.0 954.3 1,648.6 883.0 1,614.7 1,365.0 1,276.4 752.3 887.2 680.6 531.5 430.3 423.7 311.6 287.4 269.0 221.0 247.8 310.8 149.0 390.1
Free Cash Flow 425.0 505.0 665.6 137.8 574.9 647.2 310.4 368.2 760.4 714.9 668.9 1,137.6 1,188.0 803.7 403.2 126.7 352.1 (112.1) (23.3) (21.4) (104.3) 22.1 105.9 375.7 402.0 447.6 194.6 287.5 245.4 461.9 165.2 (26.6) 248.7 (120.4) (132.9) (144.3) (187.1) (110.5) (235.5) 84.4 170.8 80.6 (97.6) 286.5 287.5 617.2 (178.5) 333.1 349.7 398.2 257.6 559.5 433.7 383.9 149.0 307.7 211.4 408.3 267.5 124.1 74.0 (45.0) (32.3) (90.7) (131.8) 278.3 283.8 670.9 1,004.6 643.6 273.2 111.0 157.1 480.5 118.1 784.3 101.9 568.4 359.3 465.1 70.4 474.6 273.3 423.5 178.7 135.4 57.5 23.2 (36.3) (129.4) (16.3) 112.8 (104.1) 120.7
Key Metrics 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1
Income Statement
Revenue 2,966.6 3,111.7 2,995.1 2,964.9 3,085.7 2,922.2 2,845.2 2,915.5 3,321.7 3,441.5 3,414.9 3,237.8 4,074.9 4,141.2 3,620.2 2,974.8 2,800.5 2,367.0 2,057.2 1,753.7 1,528.5 1,181.8 1,130.6 1,012.8 1,241.0 1,762.3 1,740.5 1,763.8 1,918.0 1,871.8 2,105.0 1,898.9 1,788.5 1,866.2 1,588.9 1,302.9 1,242.8 1,153.9 1,045.8 1,048.5 1,120.7 1,257.3 1,419.9 1,559.2 1,868.1 2,253.6 2,676.5 2,420.6 2,660.9 2,579.9 2,674.1 2,415.1 2,829.3 2,678.3 2,758.1 2,657.1 2,801.5 2,617.3 2,750.6 2,494.8 2,403.1 2,324.0 2,063.9 2,027.2 1,981.8 1,638.7 1,847.2 1,771.5 2,096.3 2,449.5 3,238.8 3,118.5 3,148.4 2,626.2 2,488.9 2,523.6 2,604.2 2,425.3 2,059.8 1,922.5 1,962.3 1,783.2 1,898.6 1,640.4 1,744.3 1,452.9 1,272.7 1,007.2 996.8 859.3 761.6 759.6 868.9 789.6
Gross Profit 984.7 1,054.0 1,015.0 1,027.4 1,072.0 1,001.4 923.0 979.9 1,178.1 1,307.5 1,294.3 1,264.5 1,807.7 1,833.4 1,556.2 1,208.3 1,065.1 845.1 656.8 539.3 414.7 298.8 235.2 156.9 198.7 468.6 496.4 515.1 575.1 600.0 663.0 593.7 561.9 560.7 511.8 384.6 377.1 330.0 288.3 282.0 305.8 329.9 396.5 462.7 543.7 812.9 1,017.1 910.5 1,070.0 1,052.9 1,084.9 907.4 1,114.8 1,032.9 1,085.6 998.1 1,106.8 1,006.3 1,027.7 946.0 879.7 889.6 786.1 774.7 798.3 651.7 690.7 691.3 831.4 1,069.1 1,528.2 1,373.4 1,305.5 1,125.5 1,105.8 1,087.0 1,199.6 1,133.8 1,149.6 940.0 943.2 810.7 827.6 677.5 700.5 587.8 435.2 365.9 319.2 238.9 225.2 250.8 264.8 231.0
Operating Income 494.0 585.7 556.8 596.6 582.7 549.9 558.4 537.1 511.7 811.7 819.0 867.9 1,278.2 1,351.4 1,013.1 803.1 662.8 484.3 273.3 230.9 151.7 51.6 7.4 (70.3) (90.6) (509.5) 151.8 187.1 234.5 259.0 178.7 258.5 222.4 212.2 168.0 79.1 51.5 36.0 5.8 (13.8) (39.8) 42.2 24.4 (319.5) 111.1 379.4 350.2 433.6 549.3 565.8 589.4 463.7 578.2 553.6 586.0 583.6 620.9 566.2 555.7 485.3 412.4 441.4 453.8 405.1 405.3 309.3 330.6 360.6 436.8 678.1 559.3 933.9 823.7 710.9 731.9 687.3 780.4 757.6 803.0 695.8 692.8 600.9 576.9 475.2 490.6 405.7 355.4 201.9 153.7 102.6 (32.1) 109.2 112.5 98.6
Net Income 477.1 542.7 448.9 443.7 531.3 506.9 516.2 448.1 335.2 737.0 1,129.1 537.3 1,123.0 1,128.6 807.3 606.5 636.7 502.8 370.0 329.9 293.9 106.3 106.6 (32.9) (48.0) (660.1) 151.8 106.5 241.5 242.9 225.8 246.9 168.3 235.0 160.2 104.9 74.5 205.1 33.8 16.6 (13.3) 18.2 (46.7) (354.9) 66.3 255.1 246.9 81.2 407.9 422.5 408.6 300.2 417.8 424.8 357.7 436.4 461.1 443.8 399.6 325.0 287.2 319.4 320.9 304.8 282.1 219.5 222.4 229.9 343.3 366.0 244.5 570.6 987.5 473.0 546.5 401.0 495.9 480.3 574.8 479.1 471.8 441.7 381.0 318.9 313.5 280.0 467.4 141.6 127.3 48.4 13.7 61.4 89.7 45.5
EPS (Diluted) 0.94 1.04 0.86 0.82 1.00 0.94 0.94 0.80 0.58 1.26 1.92 0.92 1.90 1.92 1.36 1.02 1.08 0.86 0.62 0.56 0.50 0.18 0.18 -0.06 -0.08 -1.12 0.26 0.18 0.40 0.42 0.38 0.42 0.28 0.40 0.28 0.18 0.12 0.20 0.06 0.01 -0.05 0.02 -0.11 -0.60 0.11 0.44 0.42 0.14 0.70 0.72 0.70 0.50 0.70 0.72 0.60 0.74 0.78 0.74 0.68 0.56 0.48 0.54 0.54 0.52 0.48 0.38 0.38 0.38 0.58 0.62 0.16 0.96 1.68 0.80 0.92 0.68 0.84 0.82 0.98 0.82 0.80 0.72 0.64 0.54 0.54 0.46 0.80 0.24 0.22 0.08 0.02 0.11 0.16 0.08
Balance Sheet
Cash & Equivalents 557.1 1,152.1 572.6 547.2 572.3 770.2 675.3 715.0 850.2 1,323.3 1,637.8 864.0 755.3 861.5 1,091.5 994.9 636.6 315.4 318.1 513.8 587.3 695.2 584.7 1,005.2 911.0 841.7 1,554.3 1,537.0 1,202.0 897.8 428.4 236.3 428.0 328.7 330.2 436.4 271.2 427.6 399.7 468.6 394.4 531.8 286.5 497.8 519.2 675.6 417.6 584.3 642.4 659.8 614.5 603.1 618.4 948.8 828.5 787.5 742.6 1,076.8 823.7 764.8 424.3 903.8 843.9 919.0 1,276.8 1,631.9 1,542.8 1,741.4 1,622.9 1,980.6 1,538.8 1,489.8 1,337.8 1,080.6 962.5 1,651.8 891.2 1,634.8 1,372.3 1,295.2 776.1 911.0 707.4 567.8 450.6 477.1 311.6 287.4 269.0 221.0 247.8 208.6 149.0 390.1
Total Assets 20,311.3 20,514.7 20,072.3 20,465.9 20,407.6 20,619.3 20,450.1 21,140.2 21,099.7 21,547.7 21,081.9 19,839.3 19,259.3 18,639.3 17,550.2 16,861.4 16,176.0 15,274.1 14,449.4 14,540.2 14,213.7 13,802.4 13,716.2 13,862.3 13,896.1 14,121.4 14,843.0 15,020.3 14,983.4 14,883.8 14,251.3 14,620.6 14,490.2 14,724.1 14,398.2 14,360.3 14,226.1 14,196.2 14,003.3 14,227.7 14,369.7 14,879.5 14,887.0 15,505.4 16,281.7 16,572.3 16,510.7 16,794.9 16,757.0 16,445.1 15,931.0 16,039.4 15,943.6 16,111.4 15,963.9 16,096.8 15,529.3 15,833.0 14,863.6 14,941.6 15,140.1 15,028.5 14,364.3 14,052.4 13,519.6 13,638.4 13,483.3 13,738.9 13,804.1 14,725.5 15,100.7 16,001.1 16,170.1 15,617.1 15,244.6 15,804.8 15,033.9 12,951.7 12,595.2 8,150.2 7,498.2 7,313.0 6,706.0 6,480.6 6,195.6 5,925.7 5,662.3 5,021.0 4,600.8 4,413.5 4,309.5 4,031.0 4,089.5 4,101.5
Total Debt 446.9 473.5 449.0 477.5 472.4 497.8 582.3 652.1 737.3 775.6 717.9 741.9 811.3 708.2 158.7 991.2 857.1 471.9 448.2 733.8 830.8 773.7 876.4 973.2 963.7 944.8 271.1 1,162.3 1,121.8 909.4 539.0 734.1 840.5 1,005.6 965.9 831.5 852.9 708.2 840.2 746.0 820.0 999.6 971.5 998.9 1,260.7 1,182.1 999.2 1,127.2 1,086.2 912.1 930.9 1,257.1 1,517.3 1,630.8 1,744.2 1,942.1 1,702.5 1,238.4 930.9 1,171.5 1,230.3 1,341.5 1,244.5 1,089.9 1,212.7 1,400.3 1,446.8 2,442.0 2,018.2 2,825.4 4,107.0 3,004.9 3,134.5 3,717.2 4,020.2 4,909.7 4,822.3 3,398.2 3,651.2 875.3 990.4 968.8 1,010.3 1,026.4 1,164.5 1,125.8 1,259.3 1,202.6 1,108.4 918.9 833.7 737.1 785.8 714.7
Stockholders' Equity 16,962.8 17,094.4 16,599.2 17,041.1 16,583.5 17,164.7 16,593.3 17,200.4 16,708.1 17,407.5 16,843.0 16,229.5 15,625.6 15,065.1 13,905.7 13,204.9 12,649.7 12,508.1 11,960.6 11,763.5 11,485.2 11,288.0 11,262.9 11,182.1 11,188.3 11,222.3 11,989.0 11,955.3 11,941.5 12,005.1 11,782.9 11,691.7 11,431.6 11,750.6 11,482.2 11,495.7 11,341.2 11,530.6 11,287.4 11,484.3 11,468.6 11,808.7 11,713.3 11,967.5 12,456.6 12,691.8 12,654.1 12,686.4 12,793.5 12,724.3 12,290.4 12,048.3 11,724.4 11,735.8 11,388.0 11,172.4 10,699.3 10,985.6 10,506.2 10,344.4 10,469.7 10,377.2 9,902.4 9,699.6 9,203.3 9,322.6 9,092.2 8,982.8 8,637.0 8,399.3 8,176.6 8,686.2 8,324.8 7,561.2 7,006.3 6,579.9 6,097.9 5,843.4 5,338.6 4,730.6 4,219.2 3,960.5 3,507.8 3,286.3 2,963.3 2,829.8 2,495.9 2,007.5 1,859.4 1,888.4 1,841.3 1,824.5 1,735.1 1,723.0
Cash Flow
Operating Cash Flow 546.3 619.9 787.2 318.3 726.8 821 492.2 551.8 935.2 887.0 835.7 1,296.9 1,341.6 920.8 523.9 242.1 427.8 (26.6) 46.0 52.9 (50.4) 70.5 139.5 417.3 447.6 516.1 264.3 373.8 342.3 547.6 239.3 49.8 351.2 (29.6) (12.9) (2.4) (32.8) 26.1 (78.8) 253.5 379.7 309.1 202.7 586.3 548.1 877.9 206.3 659.4 566.5 611.8 427.5 753.2 611.1 563.4 346.6 494.6 414.5 604.7 456.2 336.3 325.1 165.7 253.8 122.1 58.6 436.3 417.0 772.4 1,111.1 763.4 379.3 242.8 274.0 568.9 231.5 889.8 211.1 688.3 498.7 598.1 170.0 544.1 363.4 486.3 263.0 182.7 41.7 139.5 6.6 (89.5) 22.8 147.6 (59.1) 164.3
Capital Expenditure (121.3) (114.9) (121.6) (180.4) (151.9) (173.8) (181.9) (183.6) (174.8) (172.1) (166.8) (159.4) (153.7) (117.1) (120.8) (115.4) (75.7) (85.5) (69.3) (74.3) (53.9) (48.4) (33.6) (41.6) (45.5) (68.5) (69.7) (86.2) (96.9) (85.7) (74.1) (76.4) (102.6) (90.9) (120.0) (141.8) (154.3) (136.7) (156.7) (169.1) (208.9) (228.5) (300.2) (299.9) (260.6) (260.7) (384.8) (326.3) (216.8) (213.7) (169.9) (193.6) (177.3) (179.5) (197.6) (187.0) (203.1) (196.4) (188.7) (212.1) (251.2) (210.6) (286.1) (212.8) (190.4) (158.0) (133.1) (101.5) (106.5) (119.8) (106.1) (131.8) (116.9) (88.5) (113.3) (105.4) (109.2) (119.9) (139.4) (133.0) (99.6) (69.5) (90.0) (62.8) (84.3) (47.3) 15.8 (116.3) (42.9) (39.9) (39.2) (34.8) (45.0) (43.6)
Free Cash Flow 425.0 505.0 665.6 137.8 574.9 647.2 310.4 368.2 760.4 714.9 668.9 1,137.6 1,188.0 803.7 403.2 126.7 352.1 (112.1) (23.3) (21.4) (104.3) 22.1 105.9 375.7 402.0 447.6 194.6 287.5 245.4 461.9 165.2 (26.6) 248.7 (120.4) (132.9) (144.3) (187.1) (110.5) (235.5) 84.4 170.8 80.6 (97.6) 286.5 287.5 617.2 (178.5) 333.1 349.7 398.2 257.6 559.5 433.7 383.9 149.0 307.7 211.4 408.3 267.5 124.1 74.0 (45.0) (32.3) (90.7) (131.8) 278.3 283.8 670.9 1,004.6 643.6 273.2 111.0 157.1 480.5 118.1 784.3 101.9 568.4 359.3 465.1 70.4 474.6 273.3 423.5 178.7 135.4 57.5 23.2 (36.3) (129.4) (16.3) 112.8 (104.1) 120.7