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Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 4
HOLD 4
SELL 2
STRONG
SELL
0
| PRICE TARGET: $43.33 DETAILS
HIGH: $46.00
LOW: $40.00
MEDIAN: $44.00
CONSENSUS: $43.33
UPSIDE: 21.54%
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 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 2,685 2,083 1,197 1,394 2,666 2,030 1,242 1,380 2,467 2,121 1,404 1,659 3,106 2,759 1,934 2,033 3,466 2,673 1,438 1,496 2,581 1,932 1,124.2 1,199 2,229 2,007 1,150.4 1,363.7 2,606.1 2,200.2 1,273.1 1,440.9 2,812 2,125.2 1,113.9 1,153.5 2,173.8 1,679.5 976.2 1,130.8 1,972.1 1,082.8 1,148.1 2,455.6 2,004.6 1,311.4 1,486.7 3,163.3 2,315.9 1,262.1 1,374.3 2,542.7 2,018.7 1,125.7 1,277.2 2,427.5 1,688.8 1,039.3 1,105.4 2,181 1,765.6 890.4 961.9 2,120.3 1,618.8 859.3 962.2 2,137.8 1,778.5 1,189.2 1,332.8 2,361.5 1,764.7 934.8 1,076.8 2,002.1 1,463.2 878.5 919.1 1,845.5 1,577.9 806.1 932.5 1,787.7 1,362.4 751 823.4 1,316.6 893.7 527.2 1,135.9 384 764 375.3 943.8 737.1 348.8 335.9 610.4 466.6
Cost of Revenue 1,524 1,012 593 837 1,301 923 658 639 1,030 1,202 579 1,104 2,148 3,106 1,022 1,361 1,470 2,120 (9) 516 1,274 833 476.2 417 1,248 1,008 689.8 781.4 1,426.9 1,425 644.8 732.5 1,560.2 1,137.4 500.2 618.5 1,071.2 647.4 493.6 433 776.9 540.1 586.4 1,205.4 1,404.6 818 926.5 2,001.3 1,429.9 777.1 836.8 1,486.7 1,215.5 672.6 810.2 1,526.6 1,101.8 693.4 731 1,423.9 1,162.6 574.8 615.5 1,366.9 1,026.8 527.8 591.6 1,380.1 1,171.1 0 0 1,690.6 0 0 0 0 994.4 0 0 0 1,150.7 0 0 0 925.2 0 0 0 596.9 346.2 754.9 153.6 336.7 163.8 507.7 377.1 174.6 160.3 316.9 224.3
Gross Profit 1,161 1,071 604 557 1,365 1,107 584 741 1,437 919 825 555 958 (347) 912 672 1,996 553 1,447 980 1,307 1,099 648 782 981 999 460.6 582.3 1,179.2 775.2 628.3 708.4 1,251.8 987.8 613.7 535 1,102.6 1,032.1 482.6 697.8 1,195.2 542.7 561.7 1,250.2 600 493.4 560.2 1,162 886 485 537.5 1,056 803.2 453.1 467 900.9 587 345.9 374.4 757.1 603 315.6 346.4 753.4 592 331.5 370.6 757.7 607.4 1,189.2 1,332.8 670.9 1,764.7 934.8 1,076.8 2,002.1 468.8 878.5 919.1 1,845.5 427.2 806.1 932.5 1,787.7 437.2 751 823.4 1,316.6 296.8 181 381 230.4 427.3 211.5 436.1 360 174.2 175.6 293.5 242.3
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 520 0 0 546 497 0 0 591 530 519 523 587 529 496 465 553 514 541 469 515 489 458.5 437 504 511 446.4 476.9 536.7 503.2 471 495.1 554.7 486.9 461.1 449.4 491.1 468.5 475.3 445.5 481 451.8 419.8 466.6 435.7 413.2 415.9 492 431.5 394.6 407.5 461.5 426.9 400.2 405.8 443.3 342.4 0 304.3 350 312.1 0 267.6 328.4 296.7 290.4 281 335.6 313 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Expenses 559 97 591 650 119 123 682 674 129 157 69 764 116 328 113 108 111 107 120 120 121 108 120.5 171 115 111 136.7 95.8 103.7 104.3 103 184.8 107.6 105.9 125 88.4 98.3 97.4 95.9 96.6 98.8 97.5 85.8 81.5 81 89.6 81.6 81.4 90.8 94.7 88.5 86.8 82.1 81.5 80.4 76.8 56.3 356.4 52.9 50.1 38.6 296.8 47.6 59 52.1 48.8 60.8 47.3 5 1,185.5 1,283.1 353.5 1,578.1 927 1,034.3 1,710.3 307.5 866.9 887.5 1,619.4 275 809.2 935.7 1,507.3 288.6 745.7 796.3 1,129.9 193.9 180.5 207.3 236.3 282.5 234.6 297.8 274.2 189 172 183.1 177.2
Operating Expenses 559 617 591 650 665 620 682 674 720 687 588 1,287 703 857 609 573 664 621 661 589 636 597 579 608 619 622 583.1 572.7 640.4 607.5 574 679.9 662.3 592.8 586.1 537.8 589.4 565.9 571.2 542.1 579.8 549.3 505.6 548.1 516.7 502.8 497.5 573.4 522.3 489.3 496 548.3 509 481.7 486.2 520.1 398.7 356.4 357.2 400.1 350.7 296.8 315.2 387.4 348.8 339.2 341.8 382.9 318 1,185.5 1,283.1 353.5 1,578.1 927 1,034.3 1,710.3 307.5 866.9 887.5 1,619.4 275 809.2 935.7 1,507.3 288.6 745.7 796.3 1,129.9 193.9 180.5 207.3 236.3 282.5 234.6 297.8 274.2 189 172 183.1 177.2
Operating Income
Operating Income 602 454 13 (93) 700 487 (98) 67 717 232 237 (732) 255 (1,204) 303 99 1,332 (68) 786 391 671 502 69 174 362 377 (122.5) 9.6 538.8 167.7 54.3 28.5 589.5 395 27.6 (2.8) 513.2 466.2 (88.6) 155.7 615.4 (6.6) 56.1 702.1 83.3 (9.4) 62.7 588.6 363.7 (4.3) 41.5 507.7 294.2 (28.6) (19.2) 380.8 188.3 (10.5) 17.2 357 252.3 18.8 31.2 366 243.2 (7.7) 28.8 374.8 289.4 3.7 49.7 317.4 186.6 7.8 42.5 291.8 161.3 11.6 31.6 226.1 152.2 (3.1) (3.2) 280.4 148.6 5.3 27.1 186.7 102.9 0.5 173.7 (5.9) 144.8 (23.1) 138.3 85.8 (14.8) 3.6 110.4 65.1
Interest Expense (111) 111 106 101 102 102 98 96 100 100 110 96 93 92 94 82 82 81 71 77 78 78 70.1 80 83 84 75.5 60.5 61 60.2 54.2 56.5 58.1 58.2 54.5 56.8 55.8 55.4 56.4 56.4 57.3 57.2 67.5 58.2 59 58.8 60.1 59.5 59.3 60.7 59.2 60.1 61.5 58.9 61.3 65.3 36 35.4 35 34.3 33.3 31.9 33.6 34.1 34.2 34.4 34.6 35 37.1 0 0 36.1 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
Interest Income 0 0 0 0 0 0 0 0 0 0 46 0 0 0 19 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 740 602 164 13 834 657 (119) 180 867 357 390 (605) 389 (1,100) 486 204 1,476 68 931 431 825 614 179.6 299 503 491 44.2 121.7 657.2 283.3 175.8 174.2 691.4 498.3 135.9 81.6 591.5 532.2 1 216.7 716.1 95.9 148.6 790 173.3 81.8 152.6 676.3 457.7 92 133.3 597.4 382 59.6 65.4 450.2 248.5 29.4 74.8 393.3 307.4 71.5 81 418.6 296.2 42.1 80.1 424 336.9 50.6 96.5 362.5 231.5 51.4 84.6 333.6 203 51.6 68.1 262 188.5 31.5 33.3 318.1 186.2 43.3 65.6 215.1 130.4 27.8 199.1 17.7 168.3 3.8 164.4 111.8 11.9 27.4 133.9 88.6
EBIT 602 462 19 (127) 696 519 (256) 41 729 220 255 (739) 257 (1,231) 355 74 1,348 (61) 804 306 699 490 57.7 177 382 372 (73.9) 11.8 548.3 172.1 62 55.4 579.2 388 21.1 (22.5) 492.2 434.1 (100.5) 118.6 615.4 (6.7) 56.1 702 82.3 (9.4) 62.6 588.6 363.7 (4.8) 41.5 507.8 294.2 (28.7) (19.2) 367.4 188.2 (29.9) 17 337.8 252.1 18.6 29.3 366 243.2 (10) 28.8 374.2 289.2 3.7 49.7 316.7 186.6 7.8 42.5 291.8 161.3 11.6 31.6 226.1 152.2 (3.1) (3.2) 280.4 148.6 5.3 27.1 186.7 102.9 0.5 173.7 (5.9) 144.8 (23.1) 138.3 85.8 (14.8) 3.6 110.4 65.1
Income Before Tax 660 351 (87) (228) 594 417 (354) (55) 629 120 157 (835) 164 (1,323) 271 (8) 1,266 (142) 727 229 621 412 (17) 97 299 288 (150) (48.7) 487.3 111.9 4.7 (1.1) 521.1 329.8 (34.4) (79.3) 436.4 378.7 (157.8) 62.2 558.1 (63.9) (11.4) 643.8 23.3 (68.2) 2.5 529.1 304.4 (65.5) (17.7) 447.7 232.7 (87.6) (80.5) 302.1 152.2 (65.3) (18) 303.5 218.8 (13.3) (4.3) 331.9 209 (44.4) (5.8) 339.2 252.1 (10.7) 27 280.6 128.5 15.1 19.8 196.1 100 (10.5) 20.8 168.4 96 (13.4) (0.9) 200.8 120.2 (8.6) 13.8 107.7 63.1 (10.5) 114.5 (9.9) 84.9 (27.7) 82.4 48.9 (19.5) (7.1) 72.9 38.5
Income Tax Expense 140 54 (74) (65) 115 42 (81) (7) 133 26 26 (46) 54 (369) 28 (1) 332 (46) 202 79 132 109 (26.7) 12 73 76 (19.2) (2.2) 90.6 23.4 12.5 10.6 113.4 (104.4) (17.7) (17.1) 124.6 87.8 (42.1) 33.6 150.1 (11.4) 4.5 161.6 23.1 (8.2) 15.2 141.3 86.9 (11.3) 5.1 106 64.9 (13.6) (4) 75.1 42.1 (16.4) (4.5) 87.9 63.8 5.1 (0.1) 99.1 63.5 (12.9) 6.4 97.4 68.2 (4.4) 11.3 79.1 48.5 4.4 8.3 75.9 38.1 (6.5) 2.1 64.4 38.5 (4.7) (1.6) 83.5 42 (6) 5.5 40.6 24.3 (4.9) 44.3 (3.3) 30.9 (11.4) 36.9 21.8 (9) (2.4) 34.1 17.4
Net Income 520 297 (13) (163) 479 375 (273) (48) 496 94 131 (789) 110 (954) 244 (7) 933 (97) 525 150 489 303 9.2 85 226 212 (51.5) (1.9) 245.4 64.2 24.4 52.4 276 365.9 5 (19) 219.9 230.7 (43.8) 60.7 233.2 (9.2) 9.6 246.5 34.1 (19.8) 20.6 214.4 122 (11.1) 9.1 180.7 102.5 (14.7) (6.3) 133.4 87 (22.4) (7.2) 149.4 113.1 2.1 3.4 157.1 98.4 (11) (3.6) 158.2 114.9 (6.3) 15.7 126.1 80 10.7 11.5 120.2 61.9 (4) 18.7 104 57.5 (8.7) 0.7 117.3 78.2 (2.6) 8.3 67.1 38.8 (5.6) 70.2 (6.6) 54 (16.3) 45.5 31.6 (10.5) (4.7) 38.8 21.1
Per Share Data
EPS (Basic) 2.42 1.38 -0.06 -0.76 2.23 1.74 -1.28 -0.23 2.36 0.45 0.62 -3.76 0.52 -4.54 1.16 -0.03 4.44 -0.46 2.51 0.72 2.34 1.45 0.05 0.41 1.08 1.01 -0.27 -0.01 1.41 0.37 0.14 0.30 1.59 2.11 0.03 -0.11 1.27 1.33 -0.25 0.35 1.35 -0.05 0.06 1.42 0.20 -0.11 0.12 1.24 0.71 -0.06 0.05 1.01 0.61 -0.09 -0.04 0.79 0.52 -0.13 -0.04 0.89 0.68 0.01 0.02 0.96 0.60 -0.07 -0.02 0.97 0.71 -0.04 0.10 0.79 0.50 0.07 0.07 0.75 0.39 -0.03 0.12 0.66 0.37 -0.06 0.01 0.75 0.51 -0.02 0.05 0.50 0.30 -0.04 0.55 -0.05 0.44 -0.13 0.37 0.26 -0.09 -0.04 0.32 0.17
EPS (Diluted) 2.33 1.34 -0.06 -0.76 2.19 1.74 -1.27 -0.23 2.30 0.44 0.61 -3.76 0.51 -4.54 1.13 -0.03 4.32 -0.46 2.43 0.71 2.33 1.44 0.05 0.41 1.07 1.00 -0.27 -0.01 1.38 0.36 0.14 0.30 1.57 2.07 0.03 -0.11 1.24 1.30 -0.25 0.34 1.33 -0.05 0.05 1.40 0.19 -0.11 0.12 1.23 0.70 -0.06 0.05 1.01 0.60 -0.09 -0.04 0.79 0.51 -0.13 -0.04 0.88 0.67 0.01 0.02 0.95 0.60 -0.07 -0.02 0.97 0.70 -0.04 0.09 0.78 0.49 0.07 0.07 0.75 0.39 -0.02 0.12 0.65 0.36 -0.05 0.01 0.75 0.49 -0.02 0.05 0.49 0.29 -0.04 0.54 -0.05 0.43 -0.13 0.37 0.26 -0.09 -0.04 0.32 0.17
Shares Outstanding 214.8 214.8 215.1 214.8 215.0 214.9 213.1 210.7 209.8 209.8 209.8 209.7 209.9 209.9 209.8 210.2 210.2 209.7 209.4 209.1 208.9 208.8 208.7 208.6 208.9 209.4 189.9 174.8 174.5 174.4 174.4 174.0 173.6 173.7 173.8 173.7 173.6 173.5 173.7 173.4 172.6 173.3 173.1 173.2 172.9 172.9 173.1 172.8 172.2 171.6 171.4 170.6 169.7 169.3 169.1 168.8 168.4 167.9 168.0 167.5 166.3 165.4 164.5 163.8 163.6 163.2 162.9 162.6 162.3 161.7 161.1 160.7 160.5 160.1 160.0 159.5 158.9 158.5 158.4 158.0 157.7 156.8 156.5 155.4 154.1 148.0 152.7 132.9 128.5 126.9 125.9 122.8 123.8 122.2 122.0 121.8 122.4 122.4 122.8 122.8
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 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
Current Assets
Cash & Cash Equivalents 494 251 355 350 426 240 213 183 263 204 241 260 321 317 405 670 718 334 855 545 444 416 336 487.3 297.3 333.4 447 533.7 492.1 477.6 452.6 506.7 474.8 446.4 558.4 604.3 637.8 515.2 502.8 909.2 466.2 270.7 215.6 280.1 192.6 291.9 191.9 143.3 143.6 142.1 149.2 273.9 194.3 135.2 52.1 57.7 108.6 93.9 91.3 60.4 71.3 40.5 152.5 128.2 80.5 66.6 42.1 78.4 78.8 64 93.9 85.9 81.5 74 40.7 72.1 49.6 121.7 110.5 102.6 70 77.4 96 87.6
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13.8 47.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,178 1,052 790 908 1,324 1,168 801 865 1,290 1,308 947 1,020 1,617 1,776 1,278 1,380 1,895 1,684 1,023 984 1,342 1,176 746 688.3 1,055.7 1,091.3 656 794.4 1,283.5 1,209 765.9 827.7 1,335 1,197.7 640.1 634.1 957.1 972.9 564.4 617.1 882.5 889.2 764.8 426.9 819 759.8 509.9 613.3 391.7 213.1 436.5 326.8 165.8 180.5 203.7 375.4 390.4 176.2 152.4 219.1 204 114.4 107.3 180.9 153 88.5 106.4 181.3 203.8 118.3 132.8 223.2 239.3 121.9 133.7 232.1 202.9 93.8 88.8 108.3 108 71.9 76.2 136.8
Inventory 319 392 385 359 341 381 411 379 375 441 433 410 433 618 665 496 398 548 469 296 268 279 241 200.8 179.7 247.5 230 215.1 222 293.7 318.2 253.2 228.3 307.3 278.6 216.1 203 228.2 210.3 184.2 176.5 223.9 387.4 363.2 173.5 345.2 249.6 105.1 148.6 136.6 83.3 117.2 109.2 87.1 100.9 87.5 121.8 117.4 91.7 66 84.1 87.1 55.3 47.6 70.3 78.7 75.7 62.2 105.6 117.3 79.7 56.7 122.2 113.2 83.2 70 85.2 102.2 75 34.4 60.6 60.6 47.1 29.8
Other Current Assets 520 406 134 182 209 258 113 80 94 169 301 345 389 465 1,344 787 932 602 788 381 155 124 124 85.2 146.1 128.9 161 74.3 59.8 80.9 221.2 103.6 50.1 93.8 136.5 27.8 51.8 96.5 49.7 52.3 64.2 76.5 149 81.4 282.6 515.4 106.7 115.2 108.5 109.5 114.6 57.4 60.7 49.2 49.6 36.9 72.7 42.8 37 43.9 43.3 53.5 41.4 67 101.4 116.8 142.1 115.3 106.8 104.3 80.5 114.4 74.9 72.5 78.4 60.6 40.9 49.6 77.8 34.5 23.7 17.6 22.9 30.5
Total Current Assets 2,511 2,101 1,766 1,799 2,300 2,047 1,651 1,716 2,214 2,285 2,045 2,035 2,760 3,456 3,802 3,509 4,154 3,431 3,270 2,377 2,384 2,180 1,543 1,599.9 1,878.8 1,947 1,566 1,717.6 2,180 2,242.2 1,888.1 1,808.2 2,222.1 2,180.6 1,697.5 1,567.3 1,940.3 1,909.9 1,423.8 1,882.1 1,707 1,516.9 1,595.9 1,185.1 1,499.6 1,795.9 1,042.8 976.9 792.4 601.3 783.6 775.3 530 452 406.3 557.5 693.5 430.3 372.4 389.4 402.7 295.5 356.5 423.7 405.2 350.6 366.3 437.2 495 403.9 386.9 480.2 517.9 381.6 336 434.8 378.6 367.3 352.1 279.8 262.3 227.5 242.2 284.7
Non-Current Assets
Property, Plant & Equipment 9,070 9,123 9,080 8,934 8,816 8,750 8,763 8,571 8,608 8,601 8,547 8,394 8,255 8,176 8,040 7,839 7,812 7,597 7,558 7,085 7,020 7,054 6,960 6,805.7 6,804.6 6,783.6 6,688 6,009.8 5,917 5,855.1 5,808.2 5,699.1 5,716.6 5,690.5 5,537 5,422.1 5,298.6 5,244.3 5,238 5,108.2 5,083.1 2,902.9 2,915 2,903.6 2,755 2,707.5 2,303.6 1,884.8 1,360.3 1,336.8 1,279.3 1,276.1 1,271.9 1,266.8 1,082.9 1,085.8 1,090.7 1,073.2 1,075.9 1,060.6 1,059.7 1,084.1 1,002.4 999.9 1,000.3 999 992.5 992.6 990 987.2 978.7 977.4 976.4 974.6 959.9 963.3 964.9 954.7 949.2 630 626 620.6 610.3 608.7
Goodwill 2,795 2,833 2,852 2,888 2,845 2,805 2,871 3,030 3,048 3,070 3,027 3,060 3,709 3,697 3,612 3,671 3,722 3,748 3,770 3,543 3,524 3,564 3,518 3,482.7 3,465.5 3,482.9 3,456 3,159.1 3,147.8 3,154.8 3,160.4 3,169 3,218.1 3,185.5 3,107.2 3,032.3 2,948.4 2,935.8 2,989 2,981.3 2,998.6 1,529.7 1,567.5 1,582.3 1,508.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 302 315 328 343 362 371 391 400 415 430 443 460 472 488 500 523 545 565 583 624 640 667 677 669.5 687.8 703.4 709 480 488.3 505.2 513.6 529.8 627.1 641.9 611.7 571.2 551 558.9 580.3 587.9 598.2 149.3 158.6 165.5 159.5 759.8 509.9 613.3 391.7 213.1 436.5 326.8 165.8 180.5 203.7 375.4 390.4 176.2 152.4 219.1 204 114.4 107.3 180.9 153 88.5 106.4 181.3 203.8 118.3 132.8 223.2 239.3 121.9 133.7 232.1 202.9 93.8 88.8 108.3 108 71.9 76.2 136.8
Long-Term Investments 14 0 400 400 419 424 379 349 358 (600) 348 (905) 0 362 695 410 340 257 512 129 0 0 0 0 0 0 242 0 0 0 147.2 0 0 0 120.4 0 0 0 96 0 346.2 0 0 0 2.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1,427 1,443 1,036 998 1,004 1,015 1,043 1,000 (49) 1,017 1,339 1,294 1,233 1,311 1,621 1,569 1,544 1,459 1,542 1,377 1,377 1,260 1,287 1,285.6 1,298.8 1,368.8 928 652.4 617.8 611 610.6 670.6 661.4 645.4 628.8 653.5 647.2 651.6 616.1 584.7 215.1 220 215.7 206.1 98.4 366.4 272.1 180.7 158.2 150.9 152.5 147.8 141.8 164.6 140 137.9 110.6 96.8 103.8 105.1 107.6 107.8 104.8 104.3 95.5 94.3 94.8 85.3 85.4 82.7 91.3 91.8 94.5 96.2 106.6 104.8 102.5 101.3 88.9 99.9 89.2 89.2 92.6 93.5
Total Non-Current Assets 13,608 13,714 13,696 13,563 13,446 13,365 13,447 13,350 13,410 13,431 13,356 13,208 13,669 13,672 13,773 13,602 13,623 13,369 13,453 12,629 12,561 12,545 12,442 12,243.5 12,256.7 12,338.7 11,781 10,301.3 10,170.9 10,126.1 10,092.8 10,068.5 10,223.2 10,163.3 9,884.7 9,679.1 9,445.2 9,390.6 9,423.4 9,262.1 9,248.4 4,801.9 4,856.8 4,857.5 4,637.2 4,650.3 4,180.2 3,382 2,234.6 2,193.9 2,119.1 2,098.5 2,084.4 2,104.1 1,875.9 1,885.3 1,873.6 1,845.5 1,857.6 1,824.5 1,826.9 1,845 1,722.4 1,725.3 1,722.3 1,724 1,723.6 1,747 1,749 1,747.8 1,747.8 1,751.8 1,757.7 1,763.3 1,755 1,762.6 1,803.6 1,796.7 1,796.3 971.9 959.1 955.7 950.9 951.9
Total Assets 16,119 15,815 15,462 15,362 15,746 15,412 15,098 15,066 15,624 15,716 15,401 15,243 16,429 17,128 17,575 17,111 17,777 16,800 16,723 15,006 14,945 14,725 13,985 13,843.4 14,135.5 14,285.7 13,347 12,018.9 12,350.9 12,368.3 11,980.9 11,876.7 12,445.3 12,343.9 11,582.2 11,246.4 11,385.5 11,300.5 10,847.2 11,144.2 10,955.4 6,318.8 6,452.7 6,042.6 6,136.8 6,446.2 5,223 4,358.9 3,027 2,795.2 2,902.7 2,873.8 2,614.4 2,556.1 2,282.2 2,442.8 2,567.1 2,275.8 2,230 2,213.9 2,229.6 2,140.5 2,078.9 2,149 2,127.5 2,074.6 2,089.9 2,184.2 2,244 2,151.7 2,134.7 2,232 2,275.6 2,144.9 2,091 2,197.4 2,182.2 2,164 2,148.4 1,251.7 1,221.4 1,183.2 1,193.1 1,236.6
Current Liabilities
Account Payables 578 631 511 484 605 599 544 462 579 741 613 541 757 1,014 891 843 915 973 837 579 627 637 475 381.7 464.7 598.3 439 444.4 652.1 753.3 561.8 443.4 600.3 680.8 439.6 359 467.6 573.6 391.2 337 379.8 432.6 530.7 334.9 428.8 546.7 350.4 398.5 327.2 202.5 302.7 254.6 166.1 142.4 119.4 178.4 297.3 156.7 111.3 104.2 121.9 100.6 67.4 80.1 97.7 80.1 65.8 75.9 105.8 103.2 71.3 81.3 136.9 94.7 65.7 89 95.7 69.1 50.2 53.7 69.9 60.6 60.3 64.2
Short-Term Debt 807 807 694 1,271 431 668 700 633 387 611 706 537 515 1,393 517 323 577 702 477 243 391 589 400 448.9 680.6 897.5 820 397.6 359 695.8 443.7 385.5 388.8 810.2 544.4 283 220.6 282.9 321.2 526.2 235.6 754.5 314.1 257.6 205.6 518.9 131.3 158.1 192.6 121.6 161.3 334.9 204.5 142.5 143.9 188.5 234.9 220.6 184.5 108.2 184.3 147.7 103 90.5 146 92 75.5 72.3 165 122.2 72.9 122.3 164.3 96.6 41.3 56.8 75.7 100.9 49.7 85.5 90.4 49 38.5 43.6
Deferred Revenue 0 0 188 0 0 0 199 0 0 0 232 0 0 0 225 0 0 0 208 0 0 0 204 0 0 0 168 0 0 0 191.2 0 0 0 206.9 0 0 0 241.3 0 0 0 0 89.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,122 1,243 385 797 828 772 421 791 857 989 581 1,005 1,001 973 664 902 1,007 906 594 879 874 871 514 848.4 970.8 895.7 405 752.7 766.2 734 342.6 737.4 828.4 725 313.8 637.6 679.6 718.4 325.1 726.1 851.3 505.4 541.5 414.9 649.1 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
Total Current Liabilities 2,507 2,681 1,981 2,552 1,864 2,039 2,060 1,886 1,823 2,341 2,274 2,083 2,273 3,380 2,444 2,068 2,499 2,581 2,297 1,701 1,892 2,097 1,755 1,679 2,116.1 2,391.5 2,028 1,594.7 1,777.3 2,183.1 1,732.1 1,566.3 1,817.5 2,216 1,690.1 1,279.6 1,367.8 1,574.9 1,442 1,589.3 1,466.7 1,692.5 1,386.3 1,097.3 1,283.5 1,799.1 806.1 809.2 749.8 584.2 720 784.6 586.4 474.6 444.6 541.5 712.3 539.4 450.2 395.1 454.6 406.9 315.2 358.4 383.6 321.8 288.9 353.5 444.5 404.5 316.3 400.9 472.9 369.2 262.1 337.6 318.6 329.3 289.2 269.2 266.7 211.8 216.7 230.1
Non-Current Liabilities
Long-Term Debt 5,985 5,966 6,479 5,683 6,600 6,596 6,443 6,288 6,730 6,769 6,543 6,579 6,702 6,323 6,483 6,399 6,390 6,416 6,339 5,811 5,953 6,012 5,981 5,961.4 5,800.2 5,827.6 5,780 4,291.7 4,283.8 4,150.7 4,146.5 4,088.6 4,192.8 4,056.4 3,994.6 4,014.6 4,025.5 3,994.2 3,766 3,774.7 3,630.5 1,475.2 2,025.2 2,038.6 2,057.9 2,090.5 2,012.6 1,609.7 1,161.6 1,158.5 1,133.3 1,134.9 1,127 1,149.3 1,066.1 1,074.2 1,053.1 1,029.7 1,035.2 1,042.8 1,034.9 989.6 893.7 902.3 881.3 890.8 889 890.4 876.6 844.8 852.6 835.5 849.1 845.2 829.2 830.9 836.2 815.2 819.9 337.1 337 363.5 370.4 383.6
Deferred Tax Liabilities 1,100 1,005 973 1,015 1,081 1,021 1,008 1,019 1,030 913 928 905 958 958 1,305 1,291 1,306 1,060 1,137 919 833 693 640 612.6 580 562.5 541 956 970.8 973.4 991.9 896.4 908.7 893.6 1,357 1,282.8 1,270.7 1,207.9 1,215.7 1,213.7 1,190.1 517.4 519.8 510.6 432.1 452.1 535.2 392.7 230.9 301.8 213 210.4 200.2 193.2 178.4 176.8 172.7 179.1 170.8 169.3 170.2 183.9 160 158 156 164.4 156.7 156.9 154.9 162.9 153.7 152.4 150.8 159.4 140.6 139.4 176.1 180.7 173.7 126.4 125.2 130.1 126.2 130.5
Other Non-Current Liabilities 1,099 1,153 855 1,228 1,180 1,168 1,233 1,183 1,210 1,261 1,262 1,303 1,282 1,279 1,269 1,348 1,372 1,384 1,419 1,469 1,439 1,477 1,472 1,455 1,549.6 1,499.5 1,171 1,002.8 1,003 1,014.5 1,010.4 1,097.6 1,105.3 1,095.8 799.6 828.3 784.1 790.4 828.5 729.8 743.1 542.4 569 579.3 569.2 (2,542.6) (2,547.8) (2,002.4) (1,392.5) (1,460.3) (1,346.3) (1,345.3) (1,327.2) (1,342.5) (1,244.5) (1,251) (1,225.8) (1,208.8) (1,206) (1,212.1) (1,205.1) (1,173.5) (1,053.7) (1,060.3) (1,037.3) (1,055.2) (1,045.7) (1,047.3) (1,031.5) (1,007.7) (1,006.3) (987.9) (999.9) (1,004.6) (969.8) (970.3) (1,012.3) (995.9) (993.6) (463.5) (462.2) (493.6) (496.6) (514.1)
Total Non-Current Liabilities 8,184 8,124 8,695 7,926 8,861 8,785 8,684 8,490 8,970 8,943 8,733 8,787 8,942 8,560 9,057 9,038 9,068 8,860 8,895 8,199 8,225 8,182 8,093 8,029 7,929.8 7,889.6 7,492 6,250.5 6,257.6 6,138.6 6,148.8 6,082.6 6,206.8 6,045.8 6,151.2 6,125.7 6,080.3 5,992.5 5,810.2 5,718.2 5,563.7 2,535 3,114 3,128.5 3,059.2 2,542.6 2,547.8 2,002.4 1,392.5 1,460.3 1,346.3 1,345.3 1,327.2 1,342.5 1,244.5 1,251 1,225.8 1,208.8 1,206 1,212.1 1,205.1 1,173.5 1,053.7 1,060.3 1,037.3 1,055.2 1,045.7 1,047.3 1,031.5 1,007.7 1,006.3 987.9 999.9 1,004.6 969.8 970.3 1,012.3 995.9 993.6 463.5 462.2 493.6 496.6 514.1
Total Liabilities 10,691 10,805 10,676 10,478 10,725 10,824 10,744 10,376 10,793 11,284 11,007 10,870 11,215 11,940 11,501 11,106 11,567 11,441 11,192 9,900 10,117 10,279 9,848 9,708 10,045.9 10,281.1 9,520 7,845.2 8,034.9 8,321.7 7,880.9 7,648.9 8,024.3 8,261.8 7,841.3 7,405.3 7,448.1 7,567.4 7,252.2 7,307.5 7,030.4 4,227.5 4,500.3 4,225.8 4,342.7 4,900.9 3,721.5 3,266.1 2,268.6 2,161.9 2,165.5 2,224.4 2,001.1 1,918.5 1,764 1,870.9 2,021.9 1,831.5 1,741.7 1,688.6 1,742.1 1,661.4 1,448.8 1,497.5 1,499.2 1,451 1,418.5 1,476.6 1,550.3 1,476.9 1,411.4 1,475.6 1,556.7 1,447.7 1,345.6 1,418.2 1,442.4 1,429.4 1,375.5 775 762.4 722.7 740.2 769.1
Stockholders' Equity
Common Stock 1,731 1,724 1,709 1,703 1,684 1,679 1,676 1,675 1,505 1,501 1,503 1,500 1,492 1,482 1,483 1,474 1,465 1,402 1,394 1,388 1,428 1,419 1,416 1,412.8 1,408.6 1,398.4 1,397 1,223.9 1,219 1,206.5 1,200.8 1,198.5 1,193.4 1,189.3 1,188.6 1,187.8 1,190.4 1,203.4 1,201.6 1,201.3 1,205.8 0 0 0 0 0 825.3 815.4 582.9 511.7 554.2 553.9 396.6 395.3 394.4 394.5 394.5 394.5 394.6 394.6 394.8 394.8 394.5 394.3 394.3 394.3 393.9 393.8 393.7 393.7 392.7 392.3 391.9 391.9 391.7 391.6 388.8 386.1 383.3 380.8 378.8 376 373.5 371
Retained Earnings 3,990 3,550 3,334 3,428 3,671 3,272 2,978 3,331 3,460 3,042 3,027 2,974 3,842 3,808 4,841 4,674 4,757 3,908 4,081 3,629 3,557 3,139 2,908 2,969.7 2,953.3 2,797.5 2,653 2,761.2 2,818.2 2,620.8 2,610.7 2,637.2 2,656.6 2,429.3 2,106.7 2,151.9 2,214.2 2,035.4 1,834.1 1,925.8 1,906.2 1,016.2 880.8 804.3 862.3 725 506.8 172.4 117.5 90.9 122.7 65 39.7 57.7 36.1 51 16.2 (4.9) 16.1 31.2 2.6 (8.2) 13.2 13.5 (11.8) (17.7) 6.2 22.4 3.1 (9.2) 13.6 26.7 3.2 (12.8) 11.7 27.1 1.1 (5.5) 16.6 60.8 45.1 49.4 64.3 81.4
Accumulated Other Comprehensive Income (185) (168) (173) (181) (268) (313) (253) (269) (254) (232) (256) (222) (241) (231) (380) (273) (178) (156) (140) (105) (126) (79) (147) (204.6) (229.7) (163.1) (217) (145.4) (160.8) (133.1) (110.4) (111.6) (34.1) (71.5) (93.4) (135.9) (204.5) (216.8) (154.7) (156.6) (129.9) (71.4) (27.8) (38.9) (130.2) (121.7) 34.2 11.1 15.2 4.3 10.1 11.5 6.6 4.8 (15.2) (0.6) 18.1 (0.7) (1.1) (0.8) (1) (1.2) (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 5,419 5,001 4,777 4,874 5,012 4,580 4,345 4,681 4,822 4,423 4,386 4,364 5,205 5,180 6,066 5,996 6,200 5,349 5,522 5,097 4,819 4,437 4,128 4,126.7 4,080.5 3,995.4 3,817 3,820.9 3,853 3,669.4 3,681.4 3,711.3 3,774.3 3,501.7 3,163.3 3,176.7 3,165.2 2,987.7 2,844.1 2,949.2 2,940.2 1,781.2 1,681.8 1,591.4 1,546 1,407.9 1,300.5 894.5 608.6 498.7 589.1 526.5 337.3 328.7 298 325.4 307.9 267.2 288.1 306.4 279.3 269.2 398.3 403.9 394.1 387.1 412.3 431.8 425.8 408.3 434.7 451.7 427.5 412.8 436.1 451 423.3 415.7 435 476.7 459 460.5 452.9 467.5
Total Liabilities & Equity 16,119 15,815 15,462 15,362 15,746 15,412 15,098 15,066 15,624 15,716 15,401 15,243 16,429 17,128 17,575 17,111 17,777 16,800 16,723 15,006 14,945 14,725 13,985 13,843.4 14,135.5 14,285.7 13,347 12,018.9 12,350.9 12,368.3 11,980.9 11,876.7 12,445.3 12,343.9 11,582.2 11,246.4 11,385.5 11,300.5 10,847.2 11,144.2 10,955.4 6,318.8 6,452.7 6,042.6 6,136.8 6,446.2 5,223 4,358.9 3,027 2,795.2 2,902.7 2,873.8 2,614.4 2,556.1 2,282.2 2,442.8 2,567.1 2,275.8 2,230 2,213.9 2,229.6 2,140.5 2,078.9 2,149 2,127.5 2,074.6 2,089.9 2,184.2 2,244 2,151.7 2,134.7 2,232 2,275.6 2,144.9 2,091 2,197.4 2,182.2 2,164 2,148.4 1,251.7 1,221.4 1,183.2 1,193.1 1,236.6
Debt Metrics
Total Debt 6,792 6,773 7,561 6,954 7,031 7,264 7,143 6,921 7,117 7,380 7,249 7,116 7,217 7,716 7,000 6,722 6,967 7,118 6,816 6,054 6,344 6,601 6,381 6,410.3 6,480.8 6,725.1 6,600 4,689.3 4,642.8 4,846.5 4,590.2 4,474.1 4,581.6 4,866.6 4,539 4,297.6 4,246.1 4,277.1 4,087.2 4,300.9 3,866.1 2,229.7 2,339.3 2,296.2 2,263.5 2,609.4 2,143.9 1,767.8 1,354.2 1,280.1 1,294.6 1,469.8 1,331.5 1,291.8 1,210 1,262.7 1,288 1,250.3 1,219.7 1,151 1,219.2 1,137.3 996.7 992.8 1,027.3 982.8 964.5 962.7 1,041.6 967 925.5 957.8 1,013.4 941.8 870.5 887.7 911.9 916.1 869.6 422.6 427.4 412.5 408.9 427.2
Net Debt 6,298 6,522 7,206 6,604 6,605 7,024 6,930 6,738 6,854 7,176 7,008 6,856 6,896 7,399 6,595 6,052 6,249 6,784 5,961 5,509 5,900 6,185 6,045 5,923 6,183.5 6,391.7 6,153 4,155.6 4,150.7 4,368.9 4,137.6 3,967.4 4,106.8 4,420.2 3,980.6 3,693.3 3,608.3 3,761.9 3,584.4 3,391.7 3,399.9 1,959 2,123.7 2,016.1 2,070.9 2,317.5 1,952 1,624.5 1,210.6 1,138 1,145.4 1,195.9 1,137.2 1,156.6 1,157.9 1,205 1,179.4 1,156.4 1,128.4 1,090.6 1,147.9 1,096.8 844.2 864.6 946.8 916.2 922.4 884.3 962.8 903 831.6 871.9 931.9 867.8 829.8 815.6 862.3 794.4 759.1 320 357.4 335.1 312.9 339.6
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 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
Operating Activities
Net Income 520 297 (13) (163) 479 375 (273) (48) 496 94 131 (789) 110 (954) 243 (7) 934 (96) 525 150 489 303 9.7 85 226 212 (130.8) (46.5) 396.7 88.5 (7.8) (11.7) 407.7 434.2 (16.7) (62.2) 311.8 290.9 (115.7) 28.6 408 0.7 117.3 78.2 67.1 38.8 (5.6) (2) 69.8 36.7 (6.6) 4 54 24.1 (16.3) (4.3) 50 (10.5) (4.7) 38.8 21.1 (11.2) 11.4 37.5 18 (11.8) (3.9) 31.2 24.8 (10.4) (1.2) 35.8 27.9 (12.6) (3.7) 37.6 18.2 (10.6) (19.5) 27.9 10.1 (3.5) (6)
Depreciation & Amortization 138 140 145 140 138 138 137 139 138 137 135 134 132 131 131 130 128 129 127 125 126 124 121.9 122 121 119 118.1 109.9 108.9 111.2 113.8 118.8 112.2 110.3 114.8 104.1 99.3 98.1 101.5 98.1 100.7 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 7 (367) 80 236 (31) (310) 119 233 (154) (222) 132 349 176 (388) (97) 251 (34) (664) 53 236 (249) (231) (123.2) 239 46 (258) 119.6 213.3 14.4 (253.4) (17.4) 252.8 (16.6) (353.2) (37.9) 146.8 (70.2) (207.3) 59.6 142.5 (28.1) 89.3 (52.4) (126.8) (62.8) (87.7) 33.4 35.8 20.1 (96.5) 24.8 50.3 (36) (25.3) 70.6 101.4 (61.7) 0.9 20.7 22.9 (79.3) (8.3) 19.4 7.7 (47.1) 30 13.5 56.2 (73.2) 5.4 39.2 52.4 (83.4) 3 25.6 16.5 (72.2) (16.9) 24.6 24.2 (22) (27.8) 39.8
Other Non-Cash Items (99) (21) (60) 138 22 (41) 199 78 (75) 132 (146) 811 236 1,327 (488) 92 (276) 119 (482) (186) (37) (70) (20.3) (65) 81 40 50.7 40 9.2 171 (43.8) (21.5) 62.3 14 (5) 74.8 62.2 (49.2) 60.8 (51.9) (60.2) 4.2 72.9 14.3 60.2 28.9 (19.9) (2) 48.8 30.3 3.5 (8.5) 50.6 8.1 9.1 (24.7) 27.6 (3.5) (3.4) 49 27 10.1 (6.8) 56.6 24.3 8.7 16.2 44.1 32.6 11.5 16.8 42.3 37.9 (1.2) 15 42.4 30.6 11.5 16.7 12.1 13.6 11.6 12.8
Operating Cash Flow 664 66 90 289 684 164 151 390 522 119 250 433 664 (240) (132) 448 994 (594) 434 401 495 151 139.2 401 444 118 153.5 307 521 96.6 158.5 347.4 548 31.4 118.4 261 458.4 126.6 106.7 244.7 490.8 128.2 183.7 4.8 90.6 13.6 43.8 54.4 154.9 (4) 47.8 78 92.3 29.4 97.4 89.9 32.5 15.2 42.7 104.1 (29.3) (1.8) 49.9 96.9 (3.1) 30.2 34.5 128.7 (14.9) 6.3 55.7 125.8 (15.8) (2.2) 39.6 92.7 (18.9) (18.3) 33.5 60 1.6 (14.5) 44.9
Investing Activities
Capital Expenditure (170) (221) (258) (222) (146) (211) (266) (205) (169) (156) (304) (256) (204) (210) (253) (196) (169) (186) (230) (156) (117) (187) (183.9) (129) (160) (182) (194.4) (169.6) (157.3) (183.3) (180.2) (128.1) (118.6) (147.5) (167) (130.1) (144.7) (197.1) (193.2) (116) (122.6) (37.5) (33.6) (40.9) (26.1) (24.1) (28.4) (21.4) (25.4) (25.7) (31.4) (20.3) (19.6) (23.4) (23.8) (18.1) (18.4) (20.8) (19.7) (16.3) (14.2) (18.7) (18.9) (16.4) (16.2) (22.8) (15.1) (15.7) (15.6) (21.5) (15.5) (14.7) (17.1) (19.2) (11.9) (14.1) (17.5) (25.1) (17) (12.8) (13.9) (17.3) (10.7)
Acquisitions 20 76 51 106 (4) (21) 25 23 (28) (19) (15) (41) (23) (49) (60) (31) (198) 0 (393) 4 (61) (12) (15.6) 1 (1) 0 (1,303.8) 0.1 (43.5) (15) 3.5 (16.4) 1.5 (175.8) (48.8) (45.5) (6.5) (0.8) (0.9) (10.9) (7.7) (4) (3) (24.7) (242.2) (33.5) 51 (76) (11.4) (2.2) 0 0 0 0 (210.7) 1.7 0 (9.4) (41.1) (12.4) (2.4) (74.4) (0.2) (0.6) (2.4) (1.2) (1.3) (4.2) (1.4) (7.1) (1.8) (1.8) (0.9) (18.8) (0.6) (1) (7.6) (1.4) (1.9) (0.6) (0.2) (0.3) 0
Purchases of Investments (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.4) (5) 0 0 0 0 0 (0.6) 0 0 0 0 0 0 0 0 0 0 0 20.1 (31.9) 3.8 (8.4) (22.2) 24.5 (35.3) (9.3) 22.1 (22.2) 0 0 20 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 3 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0.5 (3.9) 0.4 0 10.8 (9.7) 16.3 48.5 11.6 0 0 0 0 0 0 0 0 0 0 0 1.1 0 0 0 0 0 0
Other Investing Activities 0 0 7 (16) 15 0 0 (19) 9 10 3 9 25 (12) 18 12 6 32 15 4 10 10 0.5 5.1 10 6 6.4 (0.7) 1.5 4.3 1.7 0.4 3.7 5.3 (15.9) (18) 5.5 5.5 2.6 28 17.4 8.8 (11.7) 8.6 39.9 4.1 (49.5) 9.4 (43.5) 2.4 22.7 1 2.3 2.9 2.6 0.7 (26.2) 4.1 2.5 (0.6) 1.5 2.3 0.4 (9) 0.9 2.5 0.8 0.9 (0.6) 0.4 3.2 7.4 1.2 1 1.2 (12) 0.6 0.7 (27.5) (0.1) (1.5) 0.4 0.9
Investing Cash Flow (152) (145) (200) (132) (135) (232) (241) (198) (188) (165) (316) (288) (202) (271) (295) (202) (361) (154) (608) (148) (168) (189) (199) (123) (151) (176) (1,491.8) (170.2) (199.3) (194) (175) (144.1) (113.4) (318) (231.7) (193.6) (145.7) (192.4) (191.5) (98.9) (112.9) (32.7) (48.3) (57) (228.4) (53.5) (27.3) (93) (80.3) (25.5) (8.7) (19.3) (17.3) (21.1) (231.9) (15.7) (44.1) (30) (57.9) (29.3) (4.3) (100.5) (2.4) 22.5 (6.1) (1.4) (47.5) (15.2) (26) (50.4) 10.4 (44.4) (26.1) (14.9) (33.5) (27.1) (23.4) (5.8) (46.4) (13.5) (15.6) (17.2) (9.8)
Financing Activities
Net Debt Issuance (158) 75 193 (171) (267) 176 182 (202) (242) 86 158 (118) (509) 635 314 (206) (130) 302 555 (297) (227) 185 (65.1) (88) (230) 57 1,940.3 35.1 (189.3) 259.2 119.7 (80.2) (308.6) 300.9 194.2 (14.1) (64.6) 201.5 (198.5) 401.1 (233.7) (14.4) (72.8) 70.3 (69.9) 67.1 25 (47.5) (179.5) 132.2 40.2 (39.3) (33.4) (4.2) 139.4 (49.3) (18.7) 37.6 69.7 (64.2) 85.4 120.2 3.9 (34.1) 43.8 18.9 17.1 (90.8) 73.9 37.3 (32.2) (55.2) 72.1 70.8 (16.7) (23.6) (9.6) 54.5 (212.2) (4.8) 15.1 1.8 (18.3)
Stock Repurchased (11) (12) (16) 0 (17) 0 0 0 0 0 0 0 (10) (12) 0 (38) 0 0 0 0 0 0 0.3 0 (15) (23) 0 0 0 (16.9) (16.3) (29.4) (4.6) (9.5) (14.6) (3.2) (25.5) 0 (22.9) 0 (1.1) 0 0 (20) 0 0 0 0 0 0 0 0 0 0 0 0 0 (1) (3.7) (2.5) (2.4) (109.9) (6.3) 0 0 (2.9) (19.8) 7.1 (11.2) (6) (5.4) (5.3) (2.5) (2.1) (1.2) (2.1) (1.7) 83 0 0 0 0 0
Dividends Paid (80) (81) (81) (80) (80) (81) (80) (81) (78) (79) (78) (79) (75) (76) (76) (75) (73) (72) (72) (72) (69) (69) (68.6) (68) (68) (68) (121.7) (118.9) (111) (111) (110.8) (111) (109.1) (109) (109.1) (109) (106.2) (106.2) (106.1) (106.2) (102.9) (34.5) (49.1) (16) (27.5) (27.5) 29 (25.9) (25.6) (25.2) (25.2) (25.1) (24.6) (23.4) (22) (32.4) (21.6) (20) (20.3) (20) (20) (21.3) (22.1) (21.8) (21.7) (21.8) (21.6) (31.3) (11.9) (21.6) (21.5) (21.4) (21.5) (21.4) (21.2) (21.3) (21.2) (11.6) (11.2) (11.2) (11.2) (11.1) (10.8)
Other Financing Activities 0 0 0 0 0 0 0 (4) (4) (4) (4) (4) (4) (4) (4) (4) (4) (4) 0 213 0 0 0 2 (2) 0 (536.3) (0.7) 0.8 (4.2) (2.9) 1.1 (0.7) (2.7) 0 0 (0.8) 0 3.1 5.5 6.5 (20) 16.5 (16.5) 0 0 (56.4) 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 (93.4) (17.1) 0 0 0 0
Financing Cash Flow (247) (6) 99 (237) (363) 95 102 (287) (324) 3 76 (198) (594) 548 239 (315) (209) 234 487 (147) (294) 120 (133.7) (153) (315) (33) 1,283.8 (81) (294.6) 134 (35.9) (162.1) (421.3) 181.1 70.5 (121.2) (194.5) 98.6 (323.7) 308.2 (328) (41.8) (92.8) 20.9 137.5 41.3 3.8 10.8 (198.9) 109 20 (63) (44.2) 12.9 169.9 (79.5) (39.2) 17.4 46.3 (85.8) 64.5 (9.7) (23.2) (71.7) 23.1 (4.3) (23.3) (113.9) 55.7 14.2 (58.1) (77) 49.4 50.4 (37.5) (43.1) (29.8) 35.3 20.8 (13.9) 6.6 13.1 (26.7)
Cash Position
Net Change in Cash 259 (84) (15) (68) 192 18 17 (97) 6 (38) 2 (65) (141) 75 (215) (89) 415 (519) 301 104 26 89 (174.8) 131 (28) (82) (65.2) 57.6 23.4 32.8 (54.1) 29 19.2 (102.5) (45.9) (33.5) 122.6 12.4 (406.4) 443 63.2 45.8 39.9 (27.9) (0.3) 1.5 20.4 (27.5) (124.7) 79.6 59.1 (4.3) 30.8 21.2 35.4 (5.6) (50.9) 2.6 30.9 (10.9) 30.8 (112) 24.3 47.7 13.9 24.5 (36.3) (0.4) 14.8 (29.9) 8 4.4 7.5 33.3 (31.4) 22.5 (72.1) 11.2 7.9 32.6 (7.4) (18.6) 8.4
Cash at Beginning 271 355 370 438 246 228 211 308 302 340 338 403 544 469 684 773 358 877 576 472 446 357 531.8 401 429 511 576 518.4 495 462.2 506.7 485.4 466.2 568.7 604.3 637.8 515.2 502.8 909.2 466.2 403 161.6 121.7 149.6 143.6 142.1 121.7 149.2 273.9 194.3 135.2 139.5 108.7 87.5 52.1 57.7 108.6 91.3 60.4 71.3 40.5 152.5 128.2 80.5 66.6 42.1 78.4 78.8 64 93.9 85.9 81.5 74 40.7 72.1 49.6 121.7 110.5 102.6 70 77.4 96 87.6
Cash at End 530 271 355 370 438 246 228 211 308 302 340 338 403 544 469 684 773 358 877 576 472 446 357 532 401 429 510.8 576 518.4 495 452.6 514.4 485.4 466.2 558.4 604.3 637.8 515.2 502.8 909.2 466.2 207.4 161.6 121.7 143.3 143.6 142.1 121.7 149.2 273.9 194.3 135.2 139.5 108.7 87.5 52.1 57.7 93.9 91.3 60.4 71.3 40.5 152.5 128.2 80.5 66.6 42.1 78.4 78.8 64 93.9 85.9 81.5 74 40.7 72.1 49.6 121.7 110.5 102.6 70 77.4 96
Free Cash Flow 494 (155) (168) 67 538 (47) (115) 185 353 (37) (54) 177 460 (450) (385) 252 825 (780) 204 245 378 (36) (44.7) 272 284 (64) (40.9) 137.4 363.7 (86.7) (21.7) 219.3 429.4 (116.1) (48.6) 130.9 313.7 (70.5) (86.5) 128.7 368.2 90.7 150.1 (36.1) 64.5 (10.5) 15.4 33 129.5 (29.7) 16.4 57.7 72.7 6 73.6 71.8 14.1 (5.6) 23 87.8 (43.5) (20.5) 31 80.5 (19.3) 7.4 19.4 113 (30.5) (15.2) 40.2 111.1 (32.9) (21.4) 27.7 78.6 (36.4) (43.4) 16.5 47.2 (12.3) (31.8) 34.2
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 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 2,685 2,083 1,197 1,394 2,666 2,030 1,242 1,380 2,467 2,121 1,404 1,659 3,106 2,759 1,934 2,033 3,466 2,673 1,438 1,496 2,581 1,932 1,124.2 1,199 2,229 2,007 1,150.4 1,363.7 2,606.1 2,200.2 1,273.1 1,440.9 2,812 2,125.2 1,113.9 1,153.5 2,173.8 1,679.5 976.2 1,130.8 1,972.1 1,082.8 1,148.1 2,455.6 2,004.6 1,311.4 1,486.7 3,163.3 2,315.9 1,262.1 1,374.3 2,542.7 2,018.7 1,125.7 1,277.2 2,427.5 1,688.8 1,039.3 1,105.4 2,181 1,765.6 890.4 961.9 2,120.3 1,618.8 859.3 962.2 2,137.8 1,778.5 1,189.2 1,332.8 2,361.5 1,764.7 934.8 1,076.8 2,002.1 1,463.2 878.5 919.1 1,845.5 1,577.9 806.1 932.5 1,787.7 1,362.4 751 823.4 1,316.6 893.7 527.2 1,135.9 384 764 375.3 943.8 737.1 348.8 335.9 610.4 466.6
Gross Profit 1,161 1,071 604 557 1,365 1,107 584 741 1,437 919 825 555 958 (347) 912 672 1,996 553 1,447 980 1,307 1,099 648 782 981 999 460.6 582.3 1,179.2 775.2 628.3 708.4 1,251.8 987.8 613.7 535 1,102.6 1,032.1 482.6 697.8 1,195.2 542.7 561.7 1,250.2 600 493.4 560.2 1,162 886 485 537.5 1,056 803.2 453.1 467 900.9 587 345.9 374.4 757.1 603 315.6 346.4 753.4 592 331.5 370.6 757.7 607.4 1,189.2 1,332.8 670.9 1,764.7 934.8 1,076.8 2,002.1 468.8 878.5 919.1 1,845.5 427.2 806.1 932.5 1,787.7 437.2 751 823.4 1,316.6 296.8 181 381 230.4 427.3 211.5 436.1 360 174.2 175.6 293.5 242.3
Operating Income 602 454 13 (93) 700 487 (98) 67 717 232 237 (732) 255 (1,204) 303 99 1,332 (68) 786 391 671 502 69 174 362 377 (122.5) 9.6 538.8 167.7 54.3 28.5 589.5 395 27.6 (2.8) 513.2 466.2 (88.6) 155.7 615.4 (6.6) 56.1 702.1 83.3 (9.4) 62.7 588.6 363.7 (4.3) 41.5 507.7 294.2 (28.6) (19.2) 380.8 188.3 (10.5) 17.2 357 252.3 18.8 31.2 366 243.2 (7.7) 28.8 374.8 289.4 3.7 49.7 317.4 186.6 7.8 42.5 291.8 161.3 11.6 31.6 226.1 152.2 (3.1) (3.2) 280.4 148.6 5.3 27.1 186.7 102.9 0.5 173.7 (5.9) 144.8 (23.1) 138.3 85.8 (14.8) 3.6 110.4 65.1
Net Income 520 297 (13) (163) 479 375 (273) (48) 496 94 131 (789) 110 (954) 244 (7) 933 (97) 525 150 489 303 9.2 85 226 212 (51.5) (1.9) 245.4 64.2 24.4 52.4 276 365.9 5 (19) 219.9 230.7 (43.8) 60.7 233.2 (9.2) 9.6 246.5 34.1 (19.8) 20.6 214.4 122 (11.1) 9.1 180.7 102.5 (14.7) (6.3) 133.4 87 (22.4) (7.2) 149.4 113.1 2.1 3.4 157.1 98.4 (11) (3.6) 158.2 114.9 (6.3) 15.7 126.1 80 10.7 11.5 120.2 61.9 (4) 18.7 104 57.5 (8.7) 0.7 117.3 78.2 (2.6) 8.3 67.1 38.8 (5.6) 70.2 (6.6) 54 (16.3) 45.5 31.6 (10.5) (4.7) 38.8 21.1
EPS (Diluted) 2.33 1.34 -0.06 -0.76 2.19 1.74 -1.27 -0.23 2.30 0.44 0.61 -3.76 0.51 -4.54 1.13 -0.03 4.32 -0.46 2.43 0.71 2.33 1.44 0.05 0.41 1.07 1.00 -0.27 -0.01 1.38 0.36 0.14 0.30 1.57 2.07 0.03 -0.11 1.24 1.30 -0.25 0.34 1.33 -0.05 0.05 1.40 0.19 -0.11 0.12 1.23 0.70 -0.06 0.05 1.01 0.60 -0.09 -0.04 0.79 0.51 -0.13 -0.04 0.88 0.67 0.01 0.02 0.95 0.60 -0.07 -0.02 0.97 0.70 -0.04 0.09 0.78 0.49 0.07 0.07 0.75 0.39 -0.02 0.12 0.65 0.36 -0.05 0.01 0.75 0.49 -0.02 0.05 0.49 0.29 -0.04 0.54 -0.05 0.43 -0.13 0.37 0.26 -0.09 -0.04 0.32 0.17
Balance Sheet
Cash & Equivalents 494 251 355 350 426 240 213 183 263 204 241 260 321 317 405 670 718 334 855 545 444 416 336 487.3 297.3 333.4 447 533.7 492.1 477.6 452.6 506.7 474.8 446.4 558.4 604.3 637.8 515.2 502.8 909.2 466.2 270.7 215.6 280.1 192.6 291.9 191.9 143.3 143.6 142.1 149.2 273.9 194.3 135.2 52.1 57.7 108.6 93.9 91.3 60.4 71.3 40.5 152.5 128.2 80.5 66.6 42.1 78.4 78.8 64 93.9 85.9 81.5 74 40.7 72.1 49.6 121.7 110.5 102.6 70 77.4 96 87.6
Total Assets 16,119 15,815 15,462 15,362 15,746 15,412 15,098 15,066 15,624 15,716 15,401 15,243 16,429 17,128 17,575 17,111 17,777 16,800 16,723 15,006 14,945 14,725 13,985 13,843.4 14,135.5 14,285.7 13,347 12,018.9 12,350.9 12,368.3 11,980.9 11,876.7 12,445.3 12,343.9 11,582.2 11,246.4 11,385.5 11,300.5 10,847.2 11,144.2 10,955.4 6,318.8 6,452.7 6,042.6 6,136.8 6,446.2 5,223 4,358.9 3,027 2,795.2 2,902.7 2,873.8 2,614.4 2,556.1 2,282.2 2,442.8 2,567.1 2,275.8 2,230 2,213.9 2,229.6 2,140.5 2,078.9 2,149 2,127.5 2,074.6 2,089.9 2,184.2 2,244 2,151.7 2,134.7 2,232 2,275.6 2,144.9 2,091 2,197.4 2,182.2 2,164 2,148.4 1,251.7 1,221.4 1,183.2 1,193.1 1,236.6
Total Debt 6,792 6,773 7,561 6,954 7,031 7,264 7,143 6,921 7,117 7,380 7,249 7,116 7,217 7,716 7,000 6,722 6,967 7,118 6,816 6,054 6,344 6,601 6,381 6,410.3 6,480.8 6,725.1 6,600 4,689.3 4,642.8 4,846.5 4,590.2 4,474.1 4,581.6 4,866.6 4,539 4,297.6 4,246.1 4,277.1 4,087.2 4,300.9 3,866.1 2,229.7 2,339.3 2,296.2 2,263.5 2,609.4 2,143.9 1,767.8 1,354.2 1,280.1 1,294.6 1,469.8 1,331.5 1,291.8 1,210 1,262.7 1,288 1,250.3 1,219.7 1,151 1,219.2 1,137.3 996.7 992.8 1,027.3 982.8 964.5 962.7 1,041.6 967 925.5 957.8 1,013.4 941.8 870.5 887.7 911.9 916.1 869.6 422.6 427.4 412.5 408.9 427.2
Stockholders' Equity 5,419 5,001 4,777 4,874 5,012 4,580 4,345 4,681 4,822 4,423 4,386 4,364 5,205 5,180 6,066 5,996 6,200 5,349 5,522 5,097 4,819 4,437 4,128 4,126.7 4,080.5 3,995.4 3,817 3,820.9 3,853 3,669.4 3,681.4 3,711.3 3,774.3 3,501.7 3,163.3 3,176.7 3,165.2 2,987.7 2,844.1 2,949.2 2,940.2 1,781.2 1,681.8 1,591.4 1,546 1,407.9 1,300.5 894.5 608.6 498.7 589.1 526.5 337.3 328.7 298 325.4 307.9 267.2 288.1 306.4 279.3 269.2 398.3 403.9 394.1 387.1 412.3 431.8 425.8 408.3 434.7 451.7 427.5 412.8 436.1 451 423.3 415.7 435 476.7 459 460.5 452.9 467.5
Cash Flow
Operating Cash Flow 664 66 90 289 684 164 151 390 522 119 250 433 664 (240) (132) 448 994 (594) 434 401 495 151 139.2 401 444 118 153.5 307 521 96.6 158.5 347.4 548 31.4 118.4 261 458.4 126.6 106.7 244.7 490.8 128.2 183.7 4.8 90.6 13.6 43.8 54.4 154.9 (4) 47.8 78 92.3 29.4 97.4 89.9 32.5 15.2 42.7 104.1 (29.3) (1.8) 49.9 96.9 (3.1) 30.2 34.5 128.7 (14.9) 6.3 55.7 125.8 (15.8) (2.2) 39.6 92.7 (18.9) (18.3) 33.5 60 1.6 (14.5) 44.9
Capital Expenditure (170) (221) (258) (222) (146) (211) (266) (205) (169) (156) (304) (256) (204) (210) (253) (196) (169) (186) (230) (156) (117) (187) (183.9) (129) (160) (182) (194.4) (169.6) (157.3) (183.3) (180.2) (128.1) (118.6) (147.5) (167) (130.1) (144.7) (197.1) (193.2) (116) (122.6) (37.5) (33.6) (40.9) (26.1) (24.1) (28.4) (21.4) (25.4) (25.7) (31.4) (20.3) (19.6) (23.4) (23.8) (18.1) (18.4) (20.8) (19.7) (16.3) (14.2) (18.7) (18.9) (16.4) (16.2) (22.8) (15.1) (15.7) (15.6) (21.5) (15.5) (14.7) (17.1) (19.2) (11.9) (14.1) (17.5) (25.1) (17) (12.8) (13.9) (17.3) (10.7)
Free Cash Flow 494 (155) (168) 67 538 (47) (115) 185 353 (37) (54) 177 460 (450) (385) 252 825 (780) 204 245 378 (36) (44.7) 272 284 (64) (40.9) 137.4 363.7 (86.7) (21.7) 219.3 429.4 (116.1) (48.6) 130.9 313.7 (70.5) (86.5) 128.7 368.2 90.7 150.1 (36.1) 64.5 (10.5) 15.4 33 129.5 (29.7) 16.4 57.7 72.7 6 73.6 71.8 14.1 (5.6) 23 87.8 (43.5) (20.5) 31 80.5 (19.3) 7.4 19.4 113 (30.5) (15.2) 40.2 111.1 (32.9) (21.4) 27.7 78.6 (36.4) (43.4) 16.5 47.2 (12.3) (31.8) 34.2