VNET - VNET Group, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$23.55
DETAILS
HIGH:
$23.55
LOW:
$23.55
MEDIAN:
$23.55
CONSENSUS:
$23.55
UPSIDE:
146.86%
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 2,650.0 | 2,568.2 | 2,434.2 | 2,246.2 | 2,246.4 | 2,074.2 | 1,993.8 | 1,898.1 | 1,898.5 | 1,886.9 | 1,821.7 | 1,805.8 | 1,880.7 | 1,814.2 | 1,724.9 | 1,646.4 | 1,737.9 | 1,560.5 | 1,497.0 | 1,386.9 | 1,348.4 | 1,245.8 | 1,144.1 | 1,090.8 | 1,048.1 | 981.0 | 888.0 | 871.9 | 901.9 | 870.1 | 828.3 | 800.8 | 765.8 | 886.0 | 878.7 | 862.2 | 900.6 | 968.0 | 910.8 | 862.3 | 983.4 | 924.1 | 866.8 | 860.1 | 853.9 | 778.5 | 658.0 | 586.0 | 545.9 | 514.0 | 471.1 | 435.7 | 417.8 | 396.1 | 364.5 | 345.8 | 318.3 | 261.6 | 230.4 | 210.6 | 197.3 | 121.8 | 112.6 | 93.5 |
| Cost of Revenue | 2,117.1 | 2,032.0 | 1,886.5 | 1,680.9 | 1,741.5 | 1,593.3 | 1,568.9 | 1,487.4 | 1,607.6 | 1,580.4 | 1,479.0 | 1,453.4 | 1,552.3 | 1,497.6 | 1,367.1 | 1,290.7 | 1,359.6 | 1,185.2 | 1,137.5 | 1,063.6 | 1,053.9 | 970.7 | 871.7 | 856.7 | 800.2 | 758.4 | 659.8 | 631.1 | 655.5 | 628.9 | 598.9 | 572.9 | 565.6 | 696.2 | 690.7 | 681.7 | 717.3 | 781.1 | 737.9 | 693.3 | 764.2 | 723.8 | 662.8 | 629.8 | 615.9 | 547.7 | 477.4 | 425.4 | 401.6 | 380.6 | 348.0 | 319.6 | 304.1 | 285.7 | 261.1 | 247.6 | 230.2 | 190.1 | 168.6 | 155.5 | 149.1 | 92.8 | 84.5 | 70.5 |
| Gross Profit | 532.9 | 536.2 | 547.7 | 565.3 | 504.9 | 480.9 | 424.9 | 410.7 | 290.9 | 306.5 | 342.7 | 352.4 | 328.4 | 316.6 | 357.8 | 355.7 | 378.3 | 375.2 | 359.5 | 323.3 | 294.4 | 275.1 | 272.3 | 234.1 | 247.9 | 222.6 | 228.2 | 240.8 | 246.3 | 241.2 | 229.4 | 227.9 | 200.2 | 189.8 | 188.0 | 180.5 | 183.4 | 186.9 | 172.9 | 169.0 | 219.2 | 200.3 | 204.0 | 230.3 | 238.0 | 230.9 | 180.6 | 160.6 | 144.2 | 133.4 | 123.1 | 116.1 | 113.7 | 110.4 | 103.4 | 98.2 | 88.1 | 71.6 | 61.9 | 55.1 | 48.2 | 29.0 | 28.2 | 23.0 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| R&D Expenses | 77.6 | 71.3 | 67.6 | 43.6 | 56.1 | 53.1 | 62.0 | 75.4 | 80.7 | 80.7 | 81.1 | 79.8 | 84.1 | 73.3 | 76.7 | 72.6 | 63.0 | 53.6 | 38.3 | 33.6 | 42.2 | 26.1 | 23.7 | 21.0 | 24.9 | 22.5 | 18.8 | 22.6 | 23.6 | 24.3 | 22.2 | 22.0 | 29.3 | 38.3 | 43.1 | 38.4 | 38.4 | 36.1 | 33.0 | 41.9 | 41.6 | 35.2 | 32.1 | 34.0 | 39.9 | 31.4 | 25.1 | 25.2 | 21.0 | 21.4 | 19.5 | 15.9 | 17.3 | 18.8 | 16.5 | 11.4 | 10.0 | 9.4 | 8.1 | 7.2 | 5.8 | 8.7 | 3.0 | 2.5 |
| SG&A Expenses | 318.9 | 257.1 | 282.4 | 244.1 | 266.0 | 193.2 | 165.5 | 298.0 | 221.7 | 202.0 | 191.1 | 193.2 | 232.6 | 245.7 | 247.4 | 229.2 | 476.4 | 198.3 | 213.8 | 209.2 | 251.8 | 173.3 | 171.1 | 173.9 | 173.2 | 134.6 | 149.0 | 164.9 | 180.2 | 150.2 | 150.9 | 153.6 | 158.1 | 207.0 | 210.0 | 201.6 | 278.8 | 262.9 | 282.8 | 211.1 | 267.9 | 228.0 | 244.9 | 219.6 | 259.7 | 176.3 | 122.8 | 221.8 | 102.9 | 85.8 | 77.0 | 75.7 | 81.0 | 71.5 | 56.3 | 54.6 | 49.9 | 45.5 | 36.4 | 32.0 | 233.5 | 72.1 | 14.0 | 14.1 |
| Other Expenses | 0.0 | 16.2 | 24.7 | 29.1 | (54.3) | 58.9 | 2.8 | (9.1) | 2,200.1 | (8.4) | (22.7) | (35.8) | 29.0 | (8.9) | (2.4) | (2.5) | (1.3) | 9.5 | 7.7 | 0.4 | 75.3 | (0.1) | (1.3) | 2.5 | 46.4 | 0.0 | 0.5 | 0.0 | (22.3) | 2.1 | 4.9 | (4.1) | 5.0 | 1,168.2 | 16.4 | 12.6 | 373.2 | 8.0 | (15.3) | 1.5 | 5.1 | 0 | 8.1 | 20.9 | 44.8 | (64.9) | 8.8 | 33.9 | 7.2 | 10.7 | 0 | (2.3) | (347.6) | 12.0 | 2.2 | 43.2 | 20.0 | (54.9) | 48.1 | 50.0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 396.5 | 344.2 | 374.7 | 316.8 | 267.9 | 305.2 | 230.3 | 364.3 | 2,502.5 | 274.3 | 249.5 | 237.1 | 345.7 | 310.2 | 321.7 | 299.3 | 538.1 | 261.3 | 259.9 | 243.2 | 369.2 | 199.3 | 193.5 | 197.4 | 244.4 | 157.1 | 168.2 | 187.5 | 181.4 | 176.6 | 177.9 | 171.5 | 192.4 | 1,413.4 | 269.6 | 252.6 | 690.4 | 307.0 | 300.5 | 254.5 | 314.5 | 263.2 | 285.0 | 274.6 | 344.3 | 142.9 | 156.7 | 280.9 | 131.1 | 118.0 | 96.4 | 89.2 | (249.3) | 102.3 | 75.0 | 109.3 | 79.9 | 0.0 | 92.6 | 89.2 | 239.3 | 80.8 | 17.0 | 16.6 |
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Income | 136.4 | 192.0 | 173.0 | 248.5 | 237.0 | 175.7 | 194.6 | 46.4 | (2,211.6) | 32.2 | 93.3 | 115.2 | (17.4) | 6.4 | 36.1 | 56.4 | (159.8) | 113.9 | 99.9 | 80.1 | (74.8) | 75.9 | 78.9 | 36.7 | 3.4 | 65.5 | 60.0 | 53.3 | 64.9 | 64.6 | 51.5 | 56.4 | 7.8 | (1,223.6) | (80.6) | (72.1) | (507.0) | (120.1) | (127.6) | (85.5) | (95.3) | (63.6) | (81.1) | (44.2) | (106.3) | 88.0 | 23.9 | (120.3) | 13.1 | 15.4 | (13.6) | 26.8 | 55.5 | 8.1 | 28.4 | (11.1) | 8.2 | 71.5 | (30.7) | (34.1) | (198.6) | (51.8) | 11.2 | 6.4 |
| Interest Expense | 186.8 | 151.0 | 157.5 | 100.7 | 77.1 | 94.0 | 92.2 | 137.7 | 78.9 | 91.8 | 71.7 | 69.8 | 72.9 | 78.7 | 68.5 | 53.1 | 75.4 | 88.0 | 87.1 | 84.5 | 79.2 | 96.4 | 102.7 | 102.3 | 88.4 | 96.9 | 91.2 | 69.4 | 72.4 | 60.8 | 51.3 | 51.5 | 50.8 | 57.4 | 40.0 | 37.0 | 40.7 | 49.5 | 52.8 | 55.7 | 61.0 | 69.7 | 71.7 | 71.9 | 66.5 | 68.0 | 48.6 | 49.0 | 47.1 | 40.1 | 37.6 | 12.0 | 6.0 | 1.6 | 1.5 | 2.3 | 0.7 | 1.2 | 1.5 | 1.0 | 0.8 | 0.9 | 0.6 | 0.5 |
| Interest Income | 4.9 | 8.7 | 16.9 | 6.8 | 6.2 | 4.2 | 5.4 | 12.1 | 13.2 | 12.9 | 10.0 | 5.7 | 8.8 | 9.5 | 8.8 | 4.5 | 8.9 | 9.1 | 8.1 | 5.7 | 4.2 | 6.4 | 11.7 | 9.4 | 15.0 | 15.4 | 12.4 | 11.9 | 14.2 | 13.5 | 9.0 | 8.5 | 10.8 | 6.7 | 7.2 | 8.3 | 4.8 | 3.7 | 3.6 | 8.9 | 5.7 | 13.5 | 20.4 | 13.8 | 12.9 | 20.2 | 13.6 | 21.2 | 22.0 | 10.5 | 11.1 | 4.9 | 5.9 | 4.2 | 4.5 | 1.8 | 4.3 | 7.1 | 3.4 | 0.2 | 0.3 | 0.1 | 0.1 | 0.1 |
| Profitability | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EBITDA | 725.0 | 739.3 | 723.1 | 676.0 | 675.7 | 516.5 | 608.7 | 414.5 | (1,812.3) | 493.8 | 526.3 | 650.1 | 465.9 | 121.9 | 110.8 | 406.2 | 191.5 | 606.2 | 898.4 | 342.2 | (587.6) | 488.6 | (1,299.2) | 186.0 | 261.3 | 261.2 | 212.8 | 281.2 | 266.5 | 197.6 | 165.1 | 265.7 | 847.2 | (1,254.9) | 93.7 | 104.8 | (299.3) | 48.5 | 57.0 | 72.9 | 127.8 | 166.3 | 79.5 | 133.3 | 66.0 | 233.9 | 80.4 | (38.7) | 68.0 | 57.6 | 58.1 | 55.9 | 55.2 | 49.6 | 30.1 | (9.3) | 19.6 | 103.1 | (26.1) | (32.6) | (190.8) | (50.0) | 11.7 | 6.6 |
| EBIT | 136.4 | 192.0 | 173.0 | 248.5 | 237.0 | 175.7 | 220.0 | 37.4 | (2,293.4) | 32.2 | 93.3 | 218.4 | 16.4 | (289.1) | (275.1) | 56.4 | (159.8) | 289.2 | 600.7 | 42.1 | (888.5) | 219.1 | (1,515.2) | (16.6) | 61.7 | 65.5 | 19.5 | 97.7 | 86.8 | 31.4 | 11.8 | 130.4 | 703.2 | (1,428.5) | (84.9) | (66.1) | (474.6) | (119.7) | (108.9) | (81.8) | (23.9) | 15.9 | (63.1) | (8.2) | (86.8) | 112.3 | (10.4) | (94.9) | 34.7 | 28.7 | 4.2 | 32.4 | 63.9 | 22.2 | 30.1 | (11.1) | 19.6 | 103.1 | (26.1) | (32.6) | (198.7) | (50.0) | 11.7 | 6.6 |
| Income Before Tax | 724.1 | (252.5) | 111.8 | (168.2) | 86.0 | 355.3 | 131.0 | (97.6) | (2,372.7) | (33.6) | (225.0) | 148.6 | (57.3) | (368.2) | (342.6) | 139.7 | (9.0) | 189.2 | 490.3 | (43.7) | (952.5) | 125.0 | (1,628.4) | (115.0) | (46.9) | (56.3) | (89.9) | 17.3 | (144.4) | (35.5) | (39.6) | 78.9 | 670.1 | (1,485.9) | (117.9) | (100.7) | (538.7) | (161.5) | (142.2) | (136.3) | (84.8) | (53.8) | (134.7) | (80.1) | (153.3) | 44.4 | (59.0) | (143.9) | (12.4) | (11.4) | (33.4) | 20.5 | 57.9 | 20.6 | 28.7 | (13.4) | 18.9 | 101.9 | (27.6) | (33.6) | (199.4) | (50.9) | 11.1 | 6.1 |
| Income Tax Expense | 383.6 | 21.4 | 95.0 | 52.1 | 82.5 | 30.5 | 59.1 | 61.4 | 50.6 | 6.3 | 12.5 | 44.9 | 0.1 | 55.7 | 30.9 | 46.7 | 15.5 | 29.1 | 29.5 | 37.3 | 41.2 | 25.2 | 20.4 | 22.5 | (24.7) | 10.0 | 9.3 | 10.7 | (46.4) | (7.6) | 44.3 | 34.1 | (127.5) | 19.8 | 1.4 | 16.1 | (17.8) | 10.1 | (18.4) | 15.0 | 28.0 | 4.1 | 7.1 | 8.6 | 2.2 | 6.5 | 0.5 | 7.6 | (8.4) | 1.5 | 8.9 | 8.4 | 14.8 | 8.4 | 10.4 | 2.5 | 7.4 | 14.2 | (4.8) | (3.1) | (0.6) | (13.3) | 5.3 | 10.2 |
| Net Income | 295.7 | (307.1) | (12.0) | (237.6) | (11.1) | 310.7 | 63.7 | (187.0) | (2,442.8) | (50.5) | (232.9) | 82.3 | (64.2) | (423.6) | (377.2) | 90.7 | (27.3) | 156.2 | 455.9 | (84.7) | (1,015.4) | 97.1 | (1,652.3) | (138.8) | (16.4) | (69.5) | (102.1) | 5.6 | (114.1) | (29.6) | (94.2) | 32.8 | 798.6 | (1,374.8) | (96.8) | (99.8) | (259.9) | (134.0) | (97.0) | (142.8) | (124.1) | (62.1) | (145.1) | (96.7) | (174.1) | 39.6 | (62.2) | (151.8) | (4.3) | (13.2) | (42.6) | 11.9 | 42.7 | 11.9 | 18.0 | (16.3) | 3.0 | 81.5 | (29.6) | (36.5) | (205.1) | (38.1) | 5.3 | (17.4) |
| Per Share Data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 1.14 | -1.14 | -0.04 | -0.90 | -0.04 | 1.44 | 0.24 | -0.72 | -15.90 | -0.34 | -1.56 | 0.54 | -0.38 | -2.88 | -2.58 | 0.58 | -0.19 | 1.08 | 3.12 | -0.59 | -7.62 | 0.66 | -15.00 | -1.26 | -0.15 | -0.60 | -0.90 | 0.06 | -1.02 | -0.26 | -0.84 | 0.30 | 7.14 | -12.30 | -0.90 | -0.90 | -3.90 | -1.20 | -1.02 | -1.68 | -1.50 | -0.72 | -1.80 | -1.38 | -2.64 | 0.60 | -0.96 | -2.28 | -0.07 | -0.22 | -0.72 | 0.18 | 0.72 | 0.18 | 0.30 | -0.29 | 0.06 | 1.44 | -0.66 | -2.28 | -12.78 | -3.18 | 0.42 | -1.44 |
| EPS (Diluted) | 0.96 | -1.14 | -0.06 | -0.90 | -0.04 | 1.08 | 0.24 | -0.72 | -15.90 | -0.34 | -1.56 | 0.42 | -0.38 | -2.88 | -2.58 | 0.58 | -0.18 | 1.02 | 3.00 | -0.59 | -7.62 | 0.72 | -15.00 | -1.26 | -0.15 | -0.60 | -0.90 | 0.06 | -1.02 | -0.26 | -0.84 | 0.30 | 7.08 | -12.30 | -0.90 | -0.90 | -3.90 | -1.20 | -1.02 | -1.62 | -1.44 | -0.72 | -1.80 | -1.32 | -2.64 | 0.54 | -0.96 | -2.28 | -0.07 | -0.21 | -0.72 | 0.18 | 0.72 | 0.18 | 0.30 | -0.28 | 0.06 | 1.38 | -0.66 | -2.28 | -12.78 | -3.18 | 0.42 | -1.44 |
| Shares Outstanding | 269.4 | 269.0 | 268.4 | 265.6 | 265.6 | 223.2 | 261.4 | 261.4 | 153.8 | 148.2 | 148.1 | 176.1 | 148.1 | 147.6 | 147.7 | 156.4 | 144.6 | 143.9 | 144.9 | 143.4 | 133.8 | 119.4 | 110.2 | 111.6 | 111.8 | 113.2 | 113.0 | 112.9 | 112.1 | 112.7 | 112.2 | 112.1 | 111.9 | 111.8 | 111.8 | 113.1 | 113.4 | 113.7 | 96.4 | 85 | 84.7 | 86.3 | 81.6 | 70.1 | 65.8 | 67.4 | 64.8 | 66.6 | 65.2 | 59.4 | 59.2 | 66.1 | 60.4 | 65.8 | 54.6 | 57.0 | 53.3 | 56.5 | 46.5 | 16.1 | 16.1 | 11.9 | 11.9 | 11.9 |
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 6,183.5 | 3,503.0 | 3,375.9 | 5,733.1 | 2,038.1 | 2,079.4 | 2,135.1 | 2,089.8 | 5,092.3 | 3,023.1 | 2,608.4 | 3,243.0 | 2,946.1 | 3,777.1 | 3,614.0 | 3,361.4 | 1,698.2 | 3,798.2 | 4,893.0 | 7,047.8 | 2,974.3 | 5,371.0 | 4,741.7 | 3,186.3 | 2,262.9 | 2,515.6 | 3,016.8 | 2,307.6 | 2,627.4 | 2,730.2 | 2,433.5 | 2,102.5 | 2,217.8 | 3,351.1 | 2,677.8 | 2,841.9 | 3,260.9 | 3,557.3 | 3,752.9 | 1,223.8 |
| Short-Term Investments | 379.4 | 1,246.0 | 1,243.9 | 21.5 | 0 | 15.9 | 87.9 | 0 | 356.4 | 0 | 144.1 | 0 | 0 | 0 | 0 | 0 | 0 | 13.0 | 12.9 | 156.7 | 285.2 | 80.3 | 157.2 | 228.4 | 360.0 | 355.7 | 162.8 | 168.2 | 245.4 | 226.9 | 218.2 | 532.1 | 555.3 | 338.9 | 0 | 484.5 | 277.9 | 14.8 | 14.8 | 13.9 |
| Net Receivables | 3,829.4 | 2,574.8 | 2,617.2 | 2,414.7 | 3,361.7 | 3,186.2 | 2,148.2 | 2,266.6 | 2,906.3 | 2,350.6 | 2,246.8 | 2,253.7 | 2,875.2 | 1,871.5 | 1,920.0 | 1,782.0 | 2,555.0 | 1,596.7 | 1,317.5 | 1,130.2 | 1,819.5 | 1,006.5 | 1,715.2 | 962.0 | 1,663.4 | 1,219.9 | 801.3 | 662.1 | 1,203.5 | 703.8 | 657.9 | 599.1 | 1,141.7 | 852.3 | 868.2 | 903.5 | 838.0 | 918.1 | 901.3 | 851.3 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.8 | 0 | 0.2 | 0 | 0.7 | 0.1 | 4.3 | 4.6 | 4.4 | 6.0 | 8.3 | 11.6 |
| Other Current Assets | 1,066.8 | 3,638.9 | 2,939.2 | 2,988.4 | 150.1 | 128.4 | 2,673.8 | 2,482.5 | 114.2 | 2,551.7 | 2,534.6 | 2,570.2 | 155.5 | 2,002.9 | 1,918.2 | 2,283.7 | 122.7 | 2,028.6 | 1,820.9 | 2,112.3 | 81.1 | 1,325.3 | 69.9 | 1,787.2 | 17.2 | 1,547.4 | 1,437.6 | 1,366.7 | 40.0 | 1,214.2 | 1,056.2 | 993.6 | 31.0 | 1,699.2 | 932.8 | 861.8 | 657.0 | 868.8 | 857.6 | 292.1 |
| Total Current Assets | 11,459.2 | 10,962.7 | 10,176.3 | 11,157.7 | 6,819.7 | 6,936.6 | 7,045.0 | 6,838.9 | 9,812.2 | 7,925.4 | 7,534.0 | 8,066.9 | 6,951.1 | 7,651.5 | 7,452.2 | 7,427.1 | 5,317.9 | 7,436.5 | 8,044.4 | 10,447.0 | 6,042.3 | 7,783.1 | 7,706.7 | 6,163.9 | 5,172.3 | 5,638.5 | 5,418.4 | 4,504.6 | 4,684.5 | 4,875.2 | 4,366.0 | 4,227.2 | 4,295.2 | 6,241.6 | 4,483.1 | 5,096.2 | 5,201.8 | 5,365.1 | 5,534.8 | 3,141.0 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 27,664.5 | 27,277.1 | 24,909.6 | 23,423.8 | 21,833.5 | 19,549.9 | 18,667.2 | 17,827.7 | 17,017.2 | 17,030.4 | 16,231.2 | 16,172.1 | 15,246.5 | 15,512.9 | 13,298.8 | 13,264.0 | 12,946.5 | 10,896.6 | 9,758.3 | 9,464.2 | 9,411.3 | 8,403.1 | 7,653.1 | 6,867.5 | 6,593.9 | 5,684.1 | 4,877.5 | 4,849.4 | 4,036.8 | 3,972.4 | 3,389.0 | 3,279.0 | 3,358.3 | 3,296.0 | 3,943.9 | 3,792.1 | 3,781.5 | 3,962.6 | 3,861.9 | 3,687.3 |
| Goodwill | 2,006.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,364.1 | 1,360.2 | 1,364.6 | 1,344.6 | 1,349.1 | 1,340.9 | 1,341.6 | 1,338.1 | 1,320.2 | 995.6 | 996.3 | 992.8 | 992.7 | 992.9 | 988.9 | 978.9 | 988.3 | 989.7 | 990.0 | 990.9 | 988.7 | 988.6 | 988.4 | 1,001.1 | 990.8 | 1,759.4 | 1,754.2 | 1,755.9 | 1,755.7 | 1,756.4 | 1,756.0 |
| Intangible Assets | 0 | 2,844.2 | 1,938.3 | 0 | 1,403.7 | 1,346.6 | 1,340.7 | 1,361.5 | 1,381.8 | 1,409.7 | 1,432.3 | 1,469.6 | 1,475.7 | 1,603.4 | 871.9 | 893.5 | 899.3 | 912.5 | 641.7 | 658.4 | 656.8 | 570.6 | 420.1 | 399.6 | 406.2 | 422.2 | 429.9 | 439.5 | 355.8 | 362.6 | 372.0 | 382.0 | 405.8 | 419.4 | 908.1 | 941.0 | 977.3 | 1,162.3 | 0 | 1,296.7 |
| Long-Term Investments | 1,096.6 | 807.8 | 846.9 | 849.0 | 844.2 | 798.9 | 817.4 | 761.7 | 758.0 | 767.7 | 754.3 | 243.0 | 239.2 | 38.8 | 35.0 | 93.5 | 106.3 | 227.2 | 247.2 | 297.3 | 291.1 | 241.6 | 301.0 | 264.2 | 257.3 | 302.7 | 674.7 | 630.5 | 616.8 | 719.0 | 528.6 | 23.6 | 520.3 | 415.3 | 345.5 | 304.5 | 332.4 | 297.2 | 300.6 | 200.1 |
| Other Non-Current Assets | 2,144.5 | 1,080.4 | 1,478.7 | 3,151.6 | 1,147.3 | 959.6 | 965.5 | 1,114.9 | 1,134.5 | 1,120.9 | 1,205.5 | 1,157.0 | 1,111.4 | 1,572.6 | 2,343.1 | 2,368.5 | 2,292.0 | 2,649.2 | 2,027.0 | 1,754.5 | 1,752.0 | 667.1 | 576.4 | 555.6 | 505.3 | 416.7 | 373.7 | 370.3 | 321.5 | 284.5 | 292.4 | 808.5 | 268.6 | 243.3 | 295.0 | 290.6 | 314.9 | 354.8 | 293.5 | 309.5 |
| Total Non-Current Assets | 33,163.4 | 32,392.1 | 29,523.2 | 27,734.4 | 25,535.3 | 22,964.1 | 22,076.1 | 21,320.3 | 20,538.9 | 21,993.6 | 21,197.9 | 20,610.7 | 19,610.7 | 20,184.3 | 18,047.6 | 18,125.0 | 17,750.0 | 16,178.5 | 13,853.3 | 13,353.1 | 13,288.9 | 11,022.6 | 10,156.9 | 9,286.0 | 8,948.8 | 7,987.6 | 7,513.8 | 7,447.6 | 6,481.5 | 6,470.9 | 5,699.8 | 5,638.8 | 5,728.9 | 5,420.4 | 7,352.9 | 7,179.2 | 7,219.4 | 7,590.1 | 7,466.1 | 7,296.9 |
| Total Assets | 44,622.6 | 43,354.8 | 39,699.5 | 38,892.1 | 32,355.0 | 29,900.7 | 29,121.2 | 28,159.1 | 30,351.1 | 29,918.9 | 28,731.8 | 28,677.6 | 26,561.9 | 27,835.7 | 25,499.8 | 25,552.1 | 23,067.9 | 23,615.0 | 21,897.6 | 23,800.1 | 19,331.2 | 18,805.7 | 17,863.6 | 15,449.9 | 14,121.0 | 13,626.1 | 12,932.2 | 11,952.1 | 11,166.0 | 11,346.1 | 10,065.7 | 9,866.1 | 10,024.2 | 11,662.0 | 11,836.0 | 12,275.5 | 12,421.1 | 12,955.2 | 13,000.9 | 10,437.9 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Account Payables | 742.4 | 750.8 | 754.2 | 814.6 | 709.2 | 727.8 | 726.9 | 774.1 | 695.4 | 765.4 | 741.5 | 710.5 | 703.4 | 652.3 | 695.7 | 619.9 | 492.9 | 489.3 | 432.5 | 398.8 | 288.8 | 331.9 | 336.6 | 374.2 | 299.9 | 332.0 | 392.6 | 378.1 | 390.0 | 420.9 | 287.7 | 292.8 | 255.9 | 292.1 | 585.6 | 589.5 | 651.5 | 549.6 | 572.5 | 546.8 |
| Short-Term Debt | 4,554.9 | 3,004.6 | 3,919.1 | 3,753.0 | 3,472.8 | 3,204.6 | 2,628.8 | 2,241.0 | 6,206.7 | 5,778.7 | 5,829.0 | 5,988.7 | 1,875.1 | 1,326.3 | 1,221.4 | 1,294.5 | 1,449.1 | 3,191.3 | 2,929.2 | 2,996.6 | 3,007.4 | 904.0 | 1,997.9 | 1,950.0 | 1,825.5 | 626.1 | 385.5 | 393.4 | 350.4 | 393.5 | 359.3 | 345.3 | 405.0 | 1,855.7 | 2,003.2 | 2,358.1 | 2,385.9 | 2,462.0 | 2,465.9 | 280.5 |
| Deferred Revenue | 1,073.3 | 1,825.2 | 1,371.2 | 1,409.0 | 1,466.5 | 1,838.8 | 1,618.1 | 1,695.9 | 1,698.8 | 1,693.1 | 1,527.9 | 1,683.7 | 1,235.1 | 1,309.4 | 1,315.0 | 1,224.7 | 1,096.3 | 1,055.3 | 1,044.1 | 1,221.4 | 1,102.4 | 678.4 | 1,239.1 | 1,230.5 | 1,114.3 | 1,055.7 | 937.3 | 811.4 | 728.8 | 642.2 | 516.5 | 511.9 | 464.4 | 474.6 | 616.7 | 594.2 | 521.4 | 318.9 | 341.4 | 541.1 |
| Other Current Liabilities | 5,930.2 | 0 | 3,160.2 | 4,104.2 | 3,153.5 | 2,094.2 | 3,107.6 | 3,322.2 | 2,311.1 | 2,939.0 | 3,031.5 | 2,390.2 | 1,959.2 | 2,718.1 | 2,017.8 | 2,132.0 | 1,803.6 | 2,002.1 | 1,449.5 | 1,394.8 | 1,476.7 | 1,514.2 | 1,494.0 | 1,077.5 | 956.8 | 1,181.8 | 633.2 | 688.5 | 487.3 | 776.7 | 641.1 | 656.8 | 458.0 | 944.1 | 867.7 | 831.4 | 793.0 | 1,119.0 | 1,018.1 | 0 |
| Total Current Liabilities | 12,455.1 | 12,172.2 | 10,443.3 | 10,129.7 | 9,342.8 | 8,356.7 | 8,143.3 | 8,087.3 | 11,424.0 | 11,217.2 | 11,167.8 | 10,803.4 | 6,241.3 | 6,071.2 | 5,297.4 | 5,320.7 | 5,173.9 | 6,784.7 | 5,891.2 | 6,048.5 | 6,108.5 | 3,478.9 | 5,274.4 | 4,679.6 | 4,421.2 | 3,236.5 | 2,377.7 | 2,292.3 | 2,194.2 | 2,266.1 | 1,834.3 | 1,835.2 | 1,796.1 | 3,586.7 | 4,088.3 | 4,401.7 | 4,373.7 | 4,486.3 | 4,421.0 | 2,615.5 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | 16,729.0 | 16,476.5 | 14,649.9 | 14,225.5 | 9,664.5 | 8,868.6 | 8,450.7 | 8,042.8 | 6,875.6 | 6,364.4 | 5,457.2 | 5,351.8 | 8,781.3 | 9,570.2 | 8,961.4 | 8,686.1 | 6,474.3 | 6,476.6 | 6,330.2 | 6,914.2 | 3,892.5 | 6,079.1 | 6,628.6 | 3,263.3 | 2,117.3 | 3,100.0 | 3,137.8 | 2,125.2 | 2,152.8 | 2,151.0 | 2,115.0 | 2,033.5 | 2,130.4 | 2,223.5 | 264.2 | 272.0 | 268.2 | 240.3 | 197.4 | 2,137.9 |
| Deferred Tax Liabilities | 959.7 | 903.6 | 1,006.2 | 984.4 | 734.4 | 801.2 | 796.7 | 792.6 | 687.6 | 845.3 | 690.1 | 689.3 | 672.8 | 623.4 | 441.9 | 443.6 | 348.0 | 432.7 | 365.7 | 372.3 | 298.4 | 242.8 | 253.5 | 225.8 | 200.4 | 204.3 | 175.3 | 179.5 | 157.9 | 182.5 | 184.7 | 188.3 | 193.1 | 199.9 | 299.5 | 300.6 | 274.7 | 302.6 | 284.5 | 286.5 |
| Other Non-Current Liabilities | 0 | 107.8 | 0 | 0 | 107.8 | 0 | 185.3 | 185.2 | 286.8 | 0 | 86.9 | 87.2 | 85.9 | 86.9 | 0 | 0 | 77.5 | 0 | 0 | 750.8 | 814.7 | 744.7 | 782.2 | 770.1 | 740.3 | 523.3 | 537.9 | 534.2 | 511.9 | 456.1 | 68.7 | 16.7 | 16.7 | 702.0 | 0 | 0 | 91.2 | 95.5 | 881.0 | 831.2 |
| Total Non-Current Liabilities | 23,337.1 | 23,592.8 | 21,419.2 | 20,880.9 | 15,818.0 | 14,423.1 | 14,171.7 | 13,462.5 | 12,275.2 | 11,731.4 | 10,575.5 | 10,594.3 | 13,436.3 | 14,670.4 | 12,781.6 | 12,521.3 | 10,299.6 | 9,408.3 | 8,715.5 | 9,327.7 | 6,336.3 | 8,682.3 | 9,101.3 | 5,634.6 | 4,518.3 | 5,101.0 | 5,239.5 | 4,289.3 | 3,589.6 | 3,632.3 | 3,041.0 | 2,849.0 | 2,948.1 | 3,674.5 | 1,156.8 | 1,171.8 | 1,170.7 | 1,185.4 | 1,937.3 | 3,911.9 |
| Total Liabilities | 35,792.2 | 35,765.0 | 32,088.7 | 31,010.6 | 25,160.8 | 22,779.8 | 22,315.1 | 21,549.8 | 23,699.2 | 22,948.6 | 21,743.3 | 21,397.7 | 19,677.5 | 20,741.6 | 18,079.1 | 17,841.9 | 15,473.5 | 16,193.0 | 14,606.7 | 15,376.2 | 12,444.8 | 12,161.2 | 14,375.7 | 10,314.2 | 8,939.5 | 8,337.5 | 7,617.2 | 6,581.6 | 5,783.8 | 5,898.4 | 4,875.3 | 4,684.2 | 4,744.2 | 7,261.2 | 5,245.1 | 5,573.5 | 5,544.4 | 5,671.7 | 6,358.3 | 6,527.4 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 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 |
| Retained Earnings | (11,132.7) | (11,431.6) | (11,112.9) | (11,114.4) | (10,859.2) | (10,826.7) | (11,140.6) | (11,207.3) | (11,003.7) | (8,758.0) | (8,495.5) | (8,290.5) | (8,249.8) | (8,363.2) | (7,885.1) | (7,510.8) | (7,581.5) | (7,554.4) | (7,726.8) | (7,328.5) | (7,219.2) | (6,190.7) | (6,287.0) | (4,174.0) | (3,995.2) | (4,000.3) | (3,936.4) | (3,834.7) | (3,843.3) | (3,718.6) | (3,687.9) | (3,592.4) | (3,671.8) | (4,420.7) | (3,073.7) | (2,967.3) | (3,052.3) | (2,607.4) | (2,474.4) | (2,377.4) |
| Accumulated Other Comprehensive Income | 162.8 | 115.6 | 97.5 | 95.8 | 88.9 | 78.1 | 60.5 | 60.0 | 66.2 | 87.5 | 81.6 | 78.4 | 87.7 | 68.9 | 46.2 | (26.6) | (365.1) | 13.4 | 11.2 | 42.2 | 18.9 | 98.4 | 145.8 | 154.4 | 136.9 | 170.4 | 133.5 | 97.7 | 128.6 | 132.7 | 57.2 | (38.7) | 36.5 | 55.1 | 127.2 | 171.3 | 182.9 | 83.2 | 66.1 | 38.8 |
| Total Stockholders' Equity | 6,222.4 | 5,745.3 | 6,168.5 | 6,186.3 | 6,365.5 | 6,331.3 | 6,009.0 | 5,937.3 | 6,007.5 | 6,391.9 | 6,413.4 | 6,728.6 | 6,514.8 | 6,720.6 | 7,054.6 | 7,347.1 | 7,233.7 | 7,064.1 | 6,939.5 | 8,079.9 | 6,550.5 | 6,319.0 | 3,197.0 | 4,850.7 | 4,900.1 | 4,908.5 | 5,029.4 | 5,090.4 | 5,101.2 | 5,088.8 | 5,028.2 | 5,012.6 | 5,108.7 | 4,274.4 | 5,811.9 | 5,951.5 | 6,125.0 | 6,519.8 | 6,593.3 | 3,890.5 |
| Total Liabilities & Equity | 44,622.6 | 43,354.8 | 39,699.5 | 38,892.1 | 32,355.0 | 29,900.7 | 29,121.2 | 28,159.1 | 30,351.1 | 29,918.9 | 28,731.8 | 28,677.6 | 26,561.9 | 27,835.7 | 25,499.8 | 25,552.1 | 23,067.9 | 23,615.0 | 21,897.6 | 23,800.1 | 19,331.2 | 18,805.7 | 17,863.6 | 15,449.9 | 14,121.0 | 13,626.1 | 12,932.2 | 11,952.1 | 11,166.0 | 11,346.1 | 10,065.7 | 9,866.1 | 10,024.2 | 11,662.0 | 11,836.0 | 12,275.5 | 12,421.1 | 12,955.2 | 13,000.9 | 10,437.9 |
| Debt Metrics | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | 26,932.2 | 26,661.8 | 24,332.2 | 23,649.5 | 18,448.6 | 16,826.5 | 15,818.6 | 14,725.6 | 17,507.5 | 16,664.8 | 15,627.5 | 15,806.5 | 14,552.6 | 15,286.5 | 13,561.2 | 13,372.2 | 11,323.2 | 12,166.9 | 11,279.0 | 11,201.2 | 8,230.6 | 8,598.8 | 10,063.5 | 6,588.7 | 5,403.0 | 4,999.5 | 4,911.9 | 3,969.0 | 3,270.3 | 3,387.2 | 3,147.0 | 2,989.3 | 3,143.2 | 4,628.2 | 2,806.2 | 3,171.3 | 3,190.8 | 3,249.3 | 2,663.3 | 3,134.7 |
| Net Debt | 20,748.7 | 23,158.8 | 20,956.3 | 17,916.4 | 16,410.5 | 14,747.2 | 13,683.4 | 12,635.9 | 12,415.3 | 13,641.7 | 13,019.1 | 12,563.4 | 11,606.5 | 11,509.3 | 9,947.1 | 10,010.8 | 9,625.0 | 8,368.8 | 6,386.0 | 4,153.4 | 5,256.4 | 3,227.8 | 5,321.7 | 3,402.4 | 3,140.1 | 2,483.9 | 1,895.1 | 1,661.4 | 642.9 | 656.9 | 713.5 | 886.7 | 925.5 | 1,277.1 | 128.4 | 329.5 | (70.1) | (308.1) | (1,089.6) | 1,910.8 |
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||||||
| Net Income | 0 | 0 | 0 | 0 | (83.7) | 419.3 | 71.8 | (159.0) | (2,557.3) | (39.9) | (237.6) | 103.6 | (57.4) | (424.0) | (373.5) | 92.9 | (24.5) | 160.2 | 460.5 | (81.0) | (993.7) | 99.8 | (1,648.8) | (137.5) | (22.3) | (66.3) | (99.3) | 6.6 | (98.0) | (27.9) | (95.5) | 34.7 | 797.6 | (1,479.1) | (119.3) | (116.8) | (485.2) | (171.5) | (123.8) | (151.3) |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 1,204.5 | (372.1) | 388.7 | 377.1 | 1,345.7 | 461.6 | 433.0 | 431.7 | 449.5 | 411.0 | 385.9 | 349.6 | 352.8 | 317.0 | 297.7 | 300.1 | 300.9 | 269.5 | 216.0 | 202.6 | 199.6 | 195.7 | 193.3 | 183.5 | 179.8 | 166.2 | 153.3 | 135.3 | 144.0 | 173.6 | 178.6 | 171.0 | 175.3 | 168.2 | 165.9 | 154.7 |
| Stock-Based Compensation | 0 | 0 | 0 | 6.4 | 141.6 | (91.8) | (15.2) | 113.9 | 25.8 | 9.5 | 8.0 | 8.3 | (7.8) | 35.2 | 47.5 | 43.2 | 253.0 | 4.6 | 27.5 | 34.9 | 82.0 | 23.1 | 11.6 | 20.1 | 8.6 | 11.3 | 7.4 | 16.6 | 29.2 | 12.9 | 10.8 | 6.6 | 13.6 | 15.7 | 11.6 | 4.3 | 56.7 | 33.4 | (8.7) | 37.4 |
| Change in Working Capital | 0 | 0 | 0 | 0 | (266.7) | 478.8 | (81.1) | (201.6) | 329.6 | (107.5) | (137.8) | (151.2) | 53.6 | 148.3 | 435.4 | (43.1) | 90.8 | (305.8) | (126.2) | (165.9) | (74.2) | (121.7) | (193.1) | (68.6) | 246.9 | (71.7) | (43.4) | (142.7) | 31.0 | 67.8 | (50.4) | (33.5) | (23.3) | 137.7 | (11.2) | (52.1) | 50.6 | (70.7) | 21.1 | (63.9) |
| Other Non-Cash Items | 742.1 | 809.8 | 170.9 | 0 | 427.0 | (346.7) | 40.9 | 137.3 | 2,754.2 | 130.6 | 357.8 | 62.6 | 113.9 | 436.9 | 447.5 | 40.0 | (8.5) | (41.3) | (344.7) | 186.4 | 1,002.8 | (68.1) | 1,776.1 | 42.1 | 76.9 | 33.9 | 69.1 | (31.6) | 114.9 | 41.6 | 93.2 | (47.3) | (699.4) | 1,354.8 | 17.3 | 15.7 | 333.0 | 30.6 | (14.2) | 5.5 |
| Operating Cash Flow | 742.1 | 809.8 | 170.9 | 195.7 | 1,245.0 | 355.2 | 405.2 | 267.6 | 730.7 | 454.3 | 423.5 | 455.0 | 569.6 | 607.4 | 942.7 | 482.6 | 664.0 | 134.7 | 314.8 | 274.5 | 283.8 | 210.0 | 161.8 | 58.7 | 444.8 | 103.0 | 127.1 | 32.4 | 237 | 260.7 | 111.4 | 95.9 | 106.3 | 208.6 | 68.9 | 22.2 | 98.8 | (18.1) | 14.7 | (18.5) |
| Investing Activities | ||||||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (3,751.1) | (2,221.5) | (68.7) | (1,826.0) | (1,493.0) | (454.6) | (1,006.1) | (1,011.3) | (1,079.9) | (964.7) | (405.0) | (611.0) | (915.6) | (580.5) | (540.6) | (1,016.2) | (944.4) | (659.1) | (447.7) | (683.0) | (777.4) | (795.5) | (493.9) | (436.6) | (465.1) | (456.9) | (215.5) | (137.8) | (138.1) | (127.1) | (95.0) | (92.9) | (84.4) | (86.9) | (149.6) | (108.8) | (136.3) | (146.0) | (172.1) | (146.0) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 | (39.0) | 0 | 0 | 0 | 0 | 0 | (255.6) | 0 | (1,305.4) | (249.7) | (84.0) | 0 | 0 | (30.9) | (52.2) | 0 | (196.1) | 196.1 | 0 | 0 | 88.2 | (64.6) | (8.6) | (15.1) | (6.9) | (25.0) | (24.4) | (5.0) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | (138.2) | 0 | 0 | 0 | (655.8) | 0 | (210.0) | (36.6) | 0 | 0 | 0 | 0 | 0 | 0 | (1,522.1) | 61.1 | 0 | 0 | (136.8) | (320.7) | (127.1) | (62.0) | (101.8) | (196.3) | (39.1) | (14.5) | (275.8) | (399.0) | (36.2) | (207.0) | (273.9) | (0.0) | (49.9) | (11.3) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78.6 | 73.3 | 69.0 | 207.7 | 0 | 0 | 0 | 0 | 187.9 | (4.0) | 0 | 0 | (1.4) | 14.6 | 484.9 | 5.7 | 10 | 6.1 | 9.0 | 102.3 |
| Other Investing Activities | 3,484.3 | (104.8) | (1,319.0) | (92.7) | 116.8 | (235.4) | 109.6 | 354.4 | (1,134.0) | 214.5 | 9.3 | (90.5) | (207.8) | 2.7 | (38.1) | (16.5) | (201.1) | (833.5) | 163.3 | 62.2 | 1,214.4 | (3.7) | 9.5 | (18.4) | 44.4 | 162.8 | 11.6 | 84.4 | 106.1 | 22.1 | 357.3 | 26.7 | (90.1) | 0.4 | 144.2 | (5.7) | 40 | (5.7) | (9.0) | 8.3 |
| Investing Cash Flow | (117.7) | (2,289.1) | (1,397.3) | (1,884.8) | (3,054.2) | (309.4) | (1,027.1) | (650.9) | (3,155.0) | (750.1) | (1,051.5) | (701.5) | (1,333.4) | (614.5) | (578.6) | (1,032.8) | (1,136.8) | (1,492.6) | (522.3) | (620.8) | (2,312.0) | (914.5) | (415.5) | (247.2) | (550.7) | (614.7) | (331.1) | (115.5) | (142.0) | (109.2) | 223.2 | (80.7) | (363.5) | (535.4) | 434.7 | (330.9) | (367.0) | (165.0) | (246.4) | (51.7) |
| Financing Activities | ||||||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 6,827.0 | 1,591.6 | (3,992.3) | 4,570.6 | (1,123.2) | 440.0 | 147.9 | (3,197.1) | 0 | 498.8 | (334.2) | 122.0 | 238.5 | 83.2 | (99.6) | 2,075.9 | (1,694.3) | 248.2 | (238.4) | 4,371.2 | 51.7 | (1,228.7) | 818.5 | 1,015.3 | (100.0) | (54.2) | 896.5 | (112.5) | (167.1) | (51.0) | (123.1) | (9.3) | (1,042.4) | 1,125.2 | (501.7) | (70.0) | (120.0) | (53.2) | 6.5 | (285.3) |
| Stock Repurchased | (16.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | (1,701.8) | 0 | (130.5) | 0 | 0 | 0 | (11.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (3.8) | (50.1) | (41.9) | (41.2) | (1.6) | (40.3) | (39.8) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (5,122.6) | 549.7 | (791.7) | 796.0 | (32.8) | (1,167.6) | 516.5 | 591.4 | 2,757.7 | 216.7 | 285.0 | 395.1 | 0 | (10.4) | (62.1) | 138.0 | (48.5) | 8.2 | 52.4 | (29.4) | (86.2) | (4.6) | 107.8 | 61.0 | 21.9 | (95.7) | (39.0) | (55.5) | (17.3) | 89.8 | 38.8 | 0.3 | (449.0) | 27.6 | 50.5 | (33.3) | (75.8) | (82.0) | 2,538.2 | (100.5) |
| Financing Cash Flow | 1,687.8 | 2,141.3 | (4,784.0) | 5,366.6 | (1,156.0) | 2,469.6 | 664.4 | (2,605.7) | 2,757.7 | 715.6 | (49.2) | 517.1 | 173.1 | 72.8 | (161.7) | 2,213.9 | (1,742.9) | 256.4 | (1,887.8) | 4,341.9 | (164.9) | 1,445.3 | 1,806.5 | 1,076.3 | (78.1) | (149.8) | 857.5 | (168.0) | (184.4) | 81.5 | (84.3) | (28.9) | (1,052.3) | 1,102.7 | (493.0) | (144.5) | (197.4) | (1,716.2) | 2,504.9 | (385.8) |
| Cash Position | ||||||||||||||||||||||||||||||||||||||||
| Net Change in Cash | 2,120.4 | 661.2 | (2,347.6) | 3,686.6 | (0.9) | (53.9) | 45.9 | (3,009.1) | 2,074.8 | 407.2 | (625.9) | 253.3 | (766.6) | 139.8 | 251.4 | 1,656.4 | (2,223.0) | (1,090.0) | (2,156.2) | 4,061.3 | (2,337.9) | 631.9 | 1,563.6 | 901.6 | (230.9) | (497.3) | 709.9 | (285.5) | (74.9) | 296.8 | 330.9 | (87.2) | 464.7 | 727.1 | (21.7) | (517.9) | (365.1) | (1,892.6) | 2,331.3 | (461.2) |
| Cash at Beginning | 4,081.2 | 3,420.1 | 5,767.7 | 2,081.1 | 2,082.0 | 2,135.8 | 2,089.9 | 5,099.0 | 3,024.2 | 2,617.0 | 3,242.8 | 2,989.5 | 3,756.1 | 3,616.3 | 3,364.9 | 1,708.5 | 3,931.5 | 5,021.5 | 7,177.7 | 3,116.4 | 5,454.3 | 4,822.4 | 3,258.8 | 2,357.2 | 2,588.1 | 3,085.4 | 2,375.5 | 2,661.0 | 2,735.9 | 2,439.2 | 2,108.2 | 2,195.5 | 1,484.9 | 757.8 | 779.5 | 1,297.4 | 1,662.5 | 3,555.1 | 1,223.8 | 1,685.1 |
| Cash at End | 6,201.7 | 4,081.2 | 3,420.1 | 5,767.7 | 2,081.1 | 2,082.0 | 2,135.8 | 2,089.9 | 5,099.0 | 3,024.2 | 2,617.0 | 3,242.8 | 2,989.5 | 3,756.1 | 3,616.3 | 3,364.9 | 1,708.5 | 3,931.5 | 5,021.5 | 7,177.7 | 3,116.4 | 5,454.3 | 4,822.4 | 3,258.8 | 2,357.2 | 2,588.1 | 3,085.4 | 2,375.5 | 2,661.0 | 2,735.9 | 2,439.2 | 2,108.2 | 1,949.6 | 1,484.9 | 757.8 | 779.5 | 1,297.4 | 1,662.5 | 3,555.1 | 1,223.8 |
| Free Cash Flow | (3,008.9) | (1,411.6) | 102.2 | (1,630.3) | (920.7) | (99.5) | (600.9) | (743.7) | (349.3) | (510.4) | 18.5 | (156.0) | (346.0) | 26.9 | 402.2 | (533.6) | (280.4) | (524.4) | (132.9) | (408.6) | (493.6) | (585.5) | (332.2) | (377.9) | (20.3) | (353.9) | (88.4) | (105.4) | 98.9 | 133.7 | 16.4 | 2.9 | 21.9 | 121.8 | (80.6) | (86.6) | (37.4) | (164.1) | (157.4) | (164.4) |
| Key Metrics | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 2,650.0 | 2,568.2 | 2,434.2 | 2,246.2 | 2,246.4 | 2,074.2 | 1,993.8 | 1,898.1 | 1,898.5 | 1,886.9 | 1,821.7 | 1,805.8 | 1,880.7 | 1,814.2 | 1,724.9 | 1,646.4 | 1,737.9 | 1,560.5 | 1,497.0 | 1,386.9 | 1,348.4 | 1,245.8 | 1,144.1 | 1,090.8 | 1,048.1 | 981.0 | 888.0 | 871.9 | 901.9 | 870.1 | 828.3 | 800.8 | 765.8 | 886.0 | 878.7 | 862.2 | 900.6 | 968.0 | 910.8 | 862.3 | 983.4 | 924.1 | 866.8 | 860.1 | 853.9 | 778.5 | 658.0 | 586.0 | 545.9 | 514.0 | 471.1 | 435.7 | 417.8 | 396.1 | 364.5 | 345.8 | 318.3 | 261.6 | 230.4 | 210.6 | 197.3 | 121.8 | 112.6 | 93.5 |
| Gross Profit | 532.9 | 536.2 | 547.7 | 565.3 | 504.9 | 480.9 | 424.9 | 410.7 | 290.9 | 306.5 | 342.7 | 352.4 | 328.4 | 316.6 | 357.8 | 355.7 | 378.3 | 375.2 | 359.5 | 323.3 | 294.4 | 275.1 | 272.3 | 234.1 | 247.9 | 222.6 | 228.2 | 240.8 | 246.3 | 241.2 | 229.4 | 227.9 | 200.2 | 189.8 | 188.0 | 180.5 | 183.4 | 186.9 | 172.9 | 169.0 | 219.2 | 200.3 | 204.0 | 230.3 | 238.0 | 230.9 | 180.6 | 160.6 | 144.2 | 133.4 | 123.1 | 116.1 | 113.7 | 110.4 | 103.4 | 98.2 | 88.1 | 71.6 | 61.9 | 55.1 | 48.2 | 29.0 | 28.2 | 23.0 |
| Operating Income | 136.4 | 192.0 | 173.0 | 248.5 | 237.0 | 175.7 | 194.6 | 46.4 | (2,211.6) | 32.2 | 93.3 | 115.2 | (17.4) | 6.4 | 36.1 | 56.4 | (159.8) | 113.9 | 99.9 | 80.1 | (74.8) | 75.9 | 78.9 | 36.7 | 3.4 | 65.5 | 60.0 | 53.3 | 64.9 | 64.6 | 51.5 | 56.4 | 7.8 | (1,223.6) | (80.6) | (72.1) | (507.0) | (120.1) | (127.6) | (85.5) | (95.3) | (63.6) | (81.1) | (44.2) | (106.3) | 88.0 | 23.9 | (120.3) | 13.1 | 15.4 | (13.6) | 26.8 | 55.5 | 8.1 | 28.4 | (11.1) | 8.2 | 71.5 | (30.7) | (34.1) | (198.6) | (51.8) | 11.2 | 6.4 |
| Net Income | 295.7 | (307.1) | (12.0) | (237.6) | (11.1) | 310.7 | 63.7 | (187.0) | (2,442.8) | (50.5) | (232.9) | 82.3 | (64.2) | (423.6) | (377.2) | 90.7 | (27.3) | 156.2 | 455.9 | (84.7) | (1,015.4) | 97.1 | (1,652.3) | (138.8) | (16.4) | (69.5) | (102.1) | 5.6 | (114.1) | (29.6) | (94.2) | 32.8 | 798.6 | (1,374.8) | (96.8) | (99.8) | (259.9) | (134.0) | (97.0) | (142.8) | (124.1) | (62.1) | (145.1) | (96.7) | (174.1) | 39.6 | (62.2) | (151.8) | (4.3) | (13.2) | (42.6) | 11.9 | 42.7 | 11.9 | 18.0 | (16.3) | 3.0 | 81.5 | (29.6) | (36.5) | (205.1) | (38.1) | 5.3 | (17.4) |
| EPS (Diluted) | 0.96 | -1.14 | -0.06 | -0.90 | -0.04 | 1.08 | 0.24 | -0.72 | -15.90 | -0.34 | -1.56 | 0.42 | -0.38 | -2.88 | -2.58 | 0.58 | -0.18 | 1.02 | 3.00 | -0.59 | -7.62 | 0.72 | -15.00 | -1.26 | -0.15 | -0.60 | -0.90 | 0.06 | -1.02 | -0.26 | -0.84 | 0.30 | 7.08 | -12.30 | -0.90 | -0.90 | -3.90 | -1.20 | -1.02 | -1.62 | -1.44 | -0.72 | -1.80 | -1.32 | -2.64 | 0.54 | -0.96 | -2.28 | -0.07 | -0.21 | -0.72 | 0.18 | 0.72 | 0.18 | 0.30 | -0.28 | 0.06 | 1.38 | -0.66 | -2.28 | -12.78 | -3.18 | 0.42 | -1.44 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 6,183.5 | 3,503.0 | 3,375.9 | 5,733.1 | 2,038.1 | 2,079.4 | 2,135.1 | 2,089.8 | 5,092.3 | 3,023.1 | 2,608.4 | 3,243.0 | 2,946.1 | 3,777.1 | 3,614.0 | 3,361.4 | 1,698.2 | 3,798.2 | 4,893.0 | 7,047.8 | 2,974.3 | 5,371.0 | 4,741.7 | 3,186.3 | 2,262.9 | 2,515.6 | 3,016.8 | 2,307.6 | 2,627.4 | 2,730.2 | 2,433.5 | 2,102.5 | 2,217.8 | 3,351.1 | 2,677.8 | 2,841.9 | 3,260.9 | 3,557.3 | 3,752.9 | 1,223.8 | ||||||||||||||||||||||||
| Total Assets | 44,622.6 | 43,354.8 | 39,699.5 | 38,892.1 | 32,355.0 | 29,900.7 | 29,121.2 | 28,159.1 | 30,351.1 | 29,918.9 | 28,731.8 | 28,677.6 | 26,561.9 | 27,835.7 | 25,499.8 | 25,552.1 | 23,067.9 | 23,615.0 | 21,897.6 | 23,800.1 | 19,331.2 | 18,805.7 | 17,863.6 | 15,449.9 | 14,121.0 | 13,626.1 | 12,932.2 | 11,952.1 | 11,166.0 | 11,346.1 | 10,065.7 | 9,866.1 | 10,024.2 | 11,662.0 | 11,836.0 | 12,275.5 | 12,421.1 | 12,955.2 | 13,000.9 | 10,437.9 | ||||||||||||||||||||||||
| Total Debt | 26,932.2 | 26,661.8 | 24,332.2 | 23,649.5 | 18,448.6 | 16,826.5 | 15,818.6 | 14,725.6 | 17,507.5 | 16,664.8 | 15,627.5 | 15,806.5 | 14,552.6 | 15,286.5 | 13,561.2 | 13,372.2 | 11,323.2 | 12,166.9 | 11,279.0 | 11,201.2 | 8,230.6 | 8,598.8 | 10,063.5 | 6,588.7 | 5,403.0 | 4,999.5 | 4,911.9 | 3,969.0 | 3,270.3 | 3,387.2 | 3,147.0 | 2,989.3 | 3,143.2 | 4,628.2 | 2,806.2 | 3,171.3 | 3,190.8 | 3,249.3 | 2,663.3 | 3,134.7 | ||||||||||||||||||||||||
| Stockholders' Equity | 6,222.4 | 5,745.3 | 6,168.5 | 6,186.3 | 6,365.5 | 6,331.3 | 6,009.0 | 5,937.3 | 6,007.5 | 6,391.9 | 6,413.4 | 6,728.6 | 6,514.8 | 6,720.6 | 7,054.6 | 7,347.1 | 7,233.7 | 7,064.1 | 6,939.5 | 8,079.9 | 6,550.5 | 6,319.0 | 3,197.0 | 4,850.7 | 4,900.1 | 4,908.5 | 5,029.4 | 5,090.4 | 5,101.2 | 5,088.8 | 5,028.2 | 5,012.6 | 5,108.7 | 4,274.4 | 5,811.9 | 5,951.5 | 6,125.0 | 6,519.8 | 6,593.3 | 3,890.5 | ||||||||||||||||||||||||
| Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 742.1 | 809.8 | 170.9 | 195.7 | 1,245.0 | 355.2 | 405.2 | 267.6 | 730.7 | 454.3 | 423.5 | 455.0 | 569.6 | 607.4 | 942.7 | 482.6 | 664.0 | 134.7 | 314.8 | 274.5 | 283.8 | 210.0 | 161.8 | 58.7 | 444.8 | 103.0 | 127.1 | 32.4 | 237 | 260.7 | 111.4 | 95.9 | 106.3 | 208.6 | 68.9 | 22.2 | 98.8 | (18.1) | 14.7 | (18.5) | ||||||||||||||||||||||||
| Capital Expenditure | (3,751.1) | (2,221.5) | (68.7) | (1,826.0) | (1,493.0) | (454.6) | (1,006.1) | (1,011.3) | (1,079.9) | (964.7) | (405.0) | (611.0) | (915.6) | (580.5) | (540.6) | (1,016.2) | (944.4) | (659.1) | (447.7) | (683.0) | (777.4) | (795.5) | (493.9) | (436.6) | (465.1) | (456.9) | (215.5) | (137.8) | (138.1) | (127.1) | (95.0) | (92.9) | (84.4) | (86.9) | (149.6) | (108.8) | (136.3) | (146.0) | (172.1) | (146.0) | ||||||||||||||||||||||||
| Free Cash Flow | (3,008.9) | (1,411.6) | 102.2 | (1,630.3) | (920.7) | (99.5) | (600.9) | (743.7) | (349.3) | (510.4) | 18.5 | (156.0) | (346.0) | 26.9 | 402.2 | (533.6) | (280.4) | (524.4) | (132.9) | (408.6) | (493.6) | (585.5) | (332.2) | (377.9) | (20.3) | (353.9) | (88.4) | (105.4) | 98.9 | 133.7 | 16.4 | 2.9 | 21.9 | 121.8 | (80.6) | (86.6) | (37.4) | (164.1) | (157.4) | (164.4) | ||||||||||||||||||||||||