WAB - Westinghouse Air Brake Technologies Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$305.00
DETAILS
HIGH:
$318.00
LOW:
$291.00
MEDIAN:
$305.00
CONSENSUS:
$305.00
UPSIDE:
18.95%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 11,167 | 10,387 | 9,677 | 8,362 | 7,822 | 7,556 | 8,200 | 4,363.5 | 3,881.7 | 2,931.2 | 3,308.0 | 3,044.5 | 2,566.4 | 2,391.1 | 1,967.6 | 1,507.0 | 1,401.6 | 1,574.7 | 1,360.1 | 1,087.6 | 1,034.0 | 822.0 | 717.9 | 696.2 | 783.7 | 811.2 | 844.1 | 1,036.1 | 870.4 | 453.5 | 425 | 347.5 | 285.3 |
| Cost of Revenue | 7,652 | 7,021 | 6,733 | 5,822 | 5,453 | 5,419 | 5,922 | 3,129.6 | 2,816.4 | 2,006.9 | 2,260.2 | 2,108.5 | 1,802.4 | 1,696.6 | 1,397.2 | 1,057.9 | 1,008.3 | 1,147.6 | 990.5 | 790.8 | 774.4 | 616.9 | 528.5 | 516.7 | 573.8 | 575.5 | 569.2 | 710.5 | 588.9 | 285.9 | 260.5 | 213.4 | 180.1 |
| Gross Profit | 3,515 | 3,366 | 2,944 | 2,540 | 2,369 | 2,137 | 2,278 | 1,233.9 | 1,065.3 | 924.2 | 1,047.8 | 936.0 | 764.0 | 694.6 | 570.4 | 449.1 | 393.3 | 427.2 | 369.6 | 296.8 | 259.6 | 205.2 | 189.4 | 179.5 | 209.9 | 235.7 | 274.9 | 325.6 | 281.5 | 167.6 | 164.5 | 134.1 | 105.2 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 223 | 206 | 218 | 209 | 176 | 162.1 | 209.9 | 87.5 | 95.2 | 71.4 | 71.2 | 61.9 | 46.3 | 41.3 | 37.2 | 40.2 | 42.4 | 39.0 | 37.4 | 32.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.2 | 14.6 | 0 | 0 |
| SG&A Expenses | 1,423 | 1,248 | 1,139 | 1,029 | 1,030 | 948 | 1,167 | 633.2 | 512.5 | 373.6 | 347.4 | 324.5 | 262.7 | 245.7 | 247.5 | 195.9 | 161.0 | 170.6 | 148.4 | 130.3 | 154.5 | 146.4 | 133.4 | 126.6 | 129.9 | 127.1 | 130.5 | 144 | 122.3 | 66.2 | 35.8 | 28.8 | 27.1 |
| Other Expenses | 0 | 303 | 321 | 291 | 287 | 281.9 | 238 | 39.8 | 36.5 | 22.7 | 21.7 | 22.4 | 17.7 | 15.3 | 15.0 | 10.2 | 9.8 | 5.1 | 4.0 | 3.6 | 3.9 | 3.3 | 4.3 | 5.3 | 26.0 | 30.8 | 56.7 | 36.6 | 34.6 | 4 | 18.6 | 16.1 | 15.8 |
| Operating Expenses | 1,646 | 1,757 | 1,678 | 1,529 | 1,493 | 1,392 | 1,615 | 760.5 | 644.2 | 467.6 | 440.2 | 408.9 | 326.7 | 302.3 | 299.7 | 246.3 | 213.3 | 214.7 | 189.9 | 166.6 | 158.4 | 149.8 | 137.7 | 131.9 | 155.9 | 157.9 | 187.2 | 180.6 | 156.9 | 88.4 | 69 | 44.9 | 42.9 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 1,869 | 1,609 | 1,266 | 1,011 | 876 | 745 | 663 | 473.4 | 421.1 | 456.6 | 607.6 | 527.1 | 437.3 | 392.3 | 270.7 | 202.8 | 180.0 | 212.5 | 179.7 | 130.2 | 101.3 | 55.4 | 51.7 | 47.5 | 54.1 | 77.8 | 87.8 | 145 | 124.6 | 79.2 | 95.5 | 89.2 | 62.3 |
| Interest Expense | 225 | 201 | 218 | 186 | 177 | 199 | 219 | 112.2 | 77.9 | 50.3 | 16.9 | 17.6 | 15.3 | 14.3 | 15.0 | 15.9 | 16.7 | 8.5 | 3.6 | 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 | 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 | 2,370 | 2,070 | 1,787 | 1,466 | 1,355 | 1,141 | 985 | 589.1 | 533.2 | 532.9 | 667.0 | 586.7 | 487.6 | 435.7 | 315.2 | 241.3 | 215.6 | 242.3 | 208.9 | 156.0 | 126.9 | 81.5 | 77.0 | 73.0 | 90.8 | 137.7 | 173.3 | 181.6 | 159.2 | 101.4 | 114.1 | 105.3 | 78.1 |
| EBIT | 1,869 | 1,611 | 1,310 | 1,040 | 914 | 756 | 666 | 479.8 | 430 | 463.1 | 602.3 | 525.4 | 436.4 | 391.6 | 270.3 | 202.8 | 180.0 | 212.5 | 179.7 | 130.2 | 101.3 | 55.4 | 51.7 | 47.5 | 57.8 | 96.0 | 130.7 | 145 | 124.6 | 79.2 | 95.5 | 89.2 | 62.3 |
| Income Before Tax | 1,592 | 1,410 | 1,092 | 854 | 737 | 557 | 447 | 367.6 | 352.1 | 412.8 | 585.4 | 507.9 | 421.1 | 377.4 | 255.3 | 186.8 | 163.4 | 204.3 | 172.5 | 126.6 | 89.5 | 42.9 | 35.0 | 25.8 | 18.4 | 37.9 | 46.2 | 121.3 | 92.5 | 53.6 | 58.5 | 62.4 | 39.5 |
| Income Tax Expense | 409 | 343 | 267 | 213 | 172 | 145 | 120 | 75.9 | 89.8 | 99.4 | 186.7 | 156.2 | 128.9 | 125.6 | 85.2 | 63.7 | 48.3 | 73.7 | 63.1 | 40.1 | 31.8 | 10.8 | 12.8 | 8.2 | 4.5 | 18.7 | 21.7 | 42.1 | 35 | 20.9 | 23.4 | 25.6 | 13.4 |
| Net Income | 1,170 | 1,056 | 815 | 633 | 558 | 414 | 327 | 294.9 | 262.3 | 304.9 | 398.6 | 351.7 | 292.2 | 251.7 | 170.1 | 123.1 | 115.1 | 130.6 | 109.6 | 84.8 | 55.8 | 32.4 | 22.7 | (45.4) | 61.8 | 25.4 | 36.6 | 73.9 | 57.5 | 32.7 | 33.7 | 36.8 | 28.1 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 6.86 | 6.05 | 4.56 | 3.47 | 2.96 | 2.18 | 1.91 | 3.07 | 2.74 | 3.37 | 4.14 | 3.66 | 3.05 | 2.62 | 1.77 | 1.29 | 1.21 | 1.35 | 1.13 | 0.88 | 0.60 | 0.36 | 0.26 | -0.52 | 0.72 | 0.30 | 0.42 | 1.09 | 0.72 | 0.57 | 0.64 | 0.46 | 0.35 |
| EPS (Diluted) | 6.83 | 6.04 | 4.54 | 3.46 | 2.96 | 2.17 | 1.84 | 3.06 | 2.72 | 3.34 | 4.10 | 3.62 | 3.01 | 2.60 | 1.76 | 1.28 | 1.20 | 1.33 | 1.12 | 0.87 | 0.59 | 0.36 | 0.26 | -0.52 | 0.72 | 0.30 | 0.41 | 0.84 | 0.72 | 0.57 | 0.64 | 0.46 | 0.35 |
| Shares Outstanding | 170.5 | 174.1 | 178.8 | 182.2 | 187.7 | 189.9 | 170.5 | 96 | 95.5 | 90.4 | 96.1 | 95.8 | 95.5 | 95.5 | 95.6 | 95.2 | 95.0 | 96.5 | 97.1 | 96.6 | 93.7 | 90.0 | 87.1 | 86.6 | 85.9 | 86.6 | 86.5 | 50.3 | 51.9 | 56.9 | 53.1 | 80 | 80.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 789 | 706 | 620 | 541 | 473 | 599 | 604.2 | 580.9 | 233.4 | 398.5 | 188.7 | 141.8 | 95.3 | 70.3 | 19.2 | 53.9 | 6.1 | 7.1 | 9 | 0.8 | 0.6 | 0.2 | 1 | 0 |
| 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 |
| Net Receivables | 1,897 | 1,702 | 1,684 | 1,519 | 1,477 | 1,412 | 1,663.9 | 1,146.8 | 1,166.8 | 942.5 | 208.3 | 273.6 | 139.8 | 129.1 | 108.0 | 106.5 | 194.4 | 179.7 | 132.9 | 91.4 | 73.5 | 45.6 | 47.3 | 40 |
| Inventory | 2,745 | 2,314 | 2,284 | 2,034 | 1,689 | 1,642 | 1,773.1 | 844.9 | 742.6 | 658.5 | 239.3 | 264.2 | 97.0 | 91.8 | 88.5 | 104.9 | 202.8 | 211.4 | 103.6 | 69.3 | 62.4 | 52.9 | 40.6 | 33.1 |
| Other Current Assets | 263 | 221 | 267 | 233 | 193 | 226.8 | 150.9 | 1,877 | 122.3 | 868.1 | 53.3 | 45.8 | 27.5 | 30.9 | 29.5 | 30.3 | 44.3 | 39.1 | 39.3 | 19 | 13.7 | 8 | 1.8 | 2.2 |
| Total Current Assets | 5,694 | 4,943 | 4,855 | 4,327 | 3,832 | 3,879.8 | 4,192.1 | 4,449.7 | 2,265.1 | 2,867.6 | 689.5 | 725.3 | 359.6 | 322.1 | 245.2 | 295.7 | 447.6 | 437.2 | 263 | 180.5 | 150.2 | 106.7 | 90.7 | 75.3 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 1,616 | 1,447 | 1,485 | 1,429 | 1,497 | 1,601.6 | 1,655.8 | 563.7 | 574.0 | 518.4 | 201.7 | 207.5 | 151.0 | 153.8 | 148.6 | 167.7 | 214.6 | 222.7 | 125 | 108.4 | 95.8 | 72.8 | 67.3 | 66.4 |
| Goodwill | 10,216 | 8,710 | 8,780 | 8,508 | 8,587 | 8,485.2 | 8,360.6 | 2,396.5 | 2,460.1 | 2,078.8 | 483.0 | 319.4 | 113.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3,838 | 2,934 | 3,205 | 3,402 | 3,705 | 3,869.2 | 4,104 | 1,129.9 | 1,204.4 | 1,053.9 | 187.6 | 236.7 | 30.9 | 147.2 | 151.0 | 243.1 | 265.4 | 277.0 | 151.7 | 109.1 | 104.7 | 69.1 | 24.3 | 29.2 |
| Long-Term Investments | 0 | 209 | 190 | 267 | 249 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 705 | 459 | 473 | 583 | 584 | 618.7 | 631.7 | 109.4 | 76.4 | 62.4 | 19.0 | 17.4 | 14.0 | 12.8 | 18.0 | 19.6 | 56.5 | 59.7 | 51.8 | 12.9 | 12.5 | 14.8 | 5.4 | 4.7 |
| Total Non-Current Assets | 16,375 | 13,759 | 14,133 | 14,189 | 14,622 | 14,574.7 | 14,694.1 | 4,199.6 | 4,314.8 | 3,713.5 | 896.3 | 782.2 | 353.8 | 334.2 | 343.6 | 434.3 | 536.5 | 559.4 | 333.2 | 230.4 | 213 | 156.7 | 97 | 100.3 |
| Total Assets | 22,069 | 18,702 | 18,988 | 18,516 | 18,454 | 18,454.5 | 18,886.2 | 8,649.2 | 6,580.0 | 6,581.0 | 1,585.8 | 1,507.5 | 713.4 | 656.3 | 588.9 | 730.0 | 984.0 | 996.7 | 596.2 | 410.9 | 363.2 | 263.4 | 187.7 | 175.6 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 1,402 | 1,300 | 1,250 | 1,301 | 1,012 | 909.4 | 1,157.5 | 589.4 | 552.5 | 530.2 | 119.9 | 162.6 | 92.2 | 79.7 | 62.1 | 75.2 | 86.3 | 87.4 | 97.3 | 37.6 | 23.8 | 20.7 | 15.8 | 15 |
| Short-Term Debt | 1,250 | 500 | 781 | 251 | 2 | 447 | 95.7 | 64.1 | 47.2 | 129.8 | 32.7 | 30.4 | 0 | 0 | 0.8 | 0.8 | 0.8 | 0.7 | 30.6 | 32.6 | 29.7 | 22.4 | 0 | 9.2 |
| Deferred Revenue | 1,015 | 693 | 804 | 772 | 629 | 643 | 604.2 | 373.5 | 369.7 | 256.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1,483 | 425 | 341 | 300 | 335 | 241.6 | 343.8 | 173.2 | 164.2 | 145.3 | 44.6 | 80.8 | 27.7 | 16.8 | 10.8 | 54.1 | 103.6 | 106.1 | 106.1 | 61.6 | 48.5 | 26.9 | 28 | 22.4 |
| Total Current Liabilities | 5,150 | 3,792 | 4,056 | 3,467 | 2,910 | 3,226 | 3,258 | 1,646.6 | 1,573.3 | 1,446.6 | 305.3 | 388.1 | 180.9 | 152.8 | 135.3 | 186.2 | 190.7 | 194.2 | 244.5 | 131.8 | 102 | 70 | 43.8 | 46.6 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 4,291 | 3,480 | 3,288 | 3,751 | 4,056 | 3,792 | 4,333.6 | 3,792.8 | 1,823.3 | 1,763.0 | 359.0 | 356.7 | 150.6 | 193.4 | 194.3 | 241.1 | 539.4 | 567.8 | 437.2 | 332.3 | 312 | 283.5 | 78.1 | 98.7 |
| Deferred Tax Liabilities | 606 | 376 | 318 | 326 | 288 | 168.4 | 145.3 | 198.3 | 175.9 | 245.7 | 52.2 | 12.9 | 14.5 | 11.6 | 8.8 | 9.1 | 17.1 | 8.1 | 3.5 | 5.6 | 7.4 | 3.1 | 3.4 | 4.4 |
| Other Non-Current Liabilities | 832 | 921 | 802 | 825 | 961 | 1,115 | 1,213.7 | 142.4 | 178.9 | 148.9 | 90.4 | 104.1 | 55.5 | 50.2 | 51.3 | 48.3 | 40.5 | 44.7 | 42.3 | 20.5 | 18 | 15.5 | 15.6 | 14.9 |
| Total Non-Current Liabilities | 5,729 | 4,777 | 4,408 | 4,902 | 5,305 | 5,075.5 | 5,692.6 | 4,133.5 | 2,178.1 | 2,157.6 | 501.6 | 474.1 | 220.1 | 255.2 | 254.3 | 298.5 | 597.0 | 620.6 | 462.5 | 358.4 | 337.4 | 302.1 | 97.1 | 118 |
| Total Liabilities | 10,879 | 8,569 | 8,464 | 8,369 | 8,215 | 8,301.8 | 8,950.6 | 5,780.2 | 3,751.4 | 3,604.2 | 806.9 | 862.1 | 401.0 | 408.0 | 389.6 | 484.7 | 787.7 | 814.8 | 630.1 | 490.2 | 439.4 | 372.1 | 140.9 | 164.6 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1.3 | 1.3 | 1.3 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 3,878 | 6,185 | 5,269 | 4,577 | 4,055 | 3,588.9 | 3,267 | 3,022.0 | 2,773.3 | 2,553.3 | 766.2 | 653.1 | 282.9 | 252.2 | 231.3 | 278.6 | 218.5 | 194.8 | 182.3 | 141.6 | 105.4 | 73.8 | 40.3 | 3.5 |
| Accumulated Other Comprehensive Income | (616) | (846) | (590) | (661) | (466) | (339.1) | (382.6) | (256.6) | (45.0) | (379.6) | (30.5) | (60.5) | (9.8) | (19.9) | (31.8) | (29.1) | (14.6) | (20.2) | (89.5) | (78.2) | (66.5) | 0 | 0 | 0 |
| Total Stockholders' Equity | 11,142 | 10,091 | 10,487 | 10,102 | 10,201 | 10,122.3 | 9,956.5 | 2,865.1 | 2,808.9 | 2,206.0 | 776.9 | 645.4 | 312.4 | 248.3 | 199.3 | 245.3 | 196.4 | 181.9 | (33.9) | (79.3) | (76.2) | (108.7) | 46.8 | 11 |
| Total Liabilities & Equity | 22,069 | 18,702 | 18,988 | 18,516 | 18,454 | 18,454.5 | 18,886.2 | 8,649.2 | 6,580.0 | 6,581.0 | 1,585.8 | 1,507.5 | 713.4 | 656.3 | 588.9 | 730.0 | 984.0 | 996.7 | 596.2 | 410.9 | 363.2 | 263.4 | 187.7 | 175.6 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 5,541 | 3,980 | 4,069 | 4,002 | 4,058 | 4,239 | 4,429.3 | 3,856.9 | 1,870.5 | 1,892.8 | 391.8 | 387.1 | 150.1 | 193.4 | 195.2 | 241.9 | 540.2 | 568.6 | 573.6 | 364.9 | 341.7 | 305.9 | 78.1 | 107.9 |
| Net Debt | 4,752 | 3,274 | 3,449 | 3,461 | 3,585 | 3,640 | 3,825.1 | 3,276 | 1,637.1 | 1,494.3 | 203.1 | 245.3 | 54.9 | 123.1 | 175.9 | 187.9 | 534.1 | 561.5 | 564.6 | 364.1 | 341.1 | 305.7 | 77.1 | 107.9 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | 1,183 | 1,067 | 825 | 641 | 565 | 412.3 | 326.5 | 291.7 | 262.3 | 313.4 | 55.8 | 32.4 | 22.7 | (45.5) | 61.8 | 25.4 | 37.9 | 45 | 37.3 | 32.7 | 35.1 | 36.8 | 26.1 |
| Depreciation & Amortization | 457 | 459 | 477 | 426 | 441 | 385.1 | 319.2 | 109.3 | 103.2 | 69.8 | 25.7 | 26.1 | 25.3 | 25.5 | 33.1 | 41.7 | 42.6 | 25.2 | 24.6 | 22.2 | 18.6 | 16.1 | 15.8 |
| Stock-Based Compensation | 80 | 66 | 47 | 41 | 46 | 20 | 50 | 25.3 | 21.3 | 20.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 7 | 187 | (97) | (109) | (63) | (33.2) | 331.2 | (107.2) | (132.5) | 56.5 | (12.8) | (2.2) | (0.6) | (28.1) | 69.6 | (19.1) | (24.3) | (28.8) | 5.4 | (1.5) | (9.3) | (8.2) | (3.6) |
| Other Non-Cash Items | 21 | 4 | 7 | 3 | (4) | (29.9) | 15.9 | 0.9 | 1.9 | (1.0) | 13.5 | (0.3) | (0.3) | 63.0 | (39.1) | 0.0 | 14.3 | 0.1 | 3.2 | 0.1 | 4 | 0 | 1.8 |
| Operating Cash Flow | 1,759 | 1,834 | 1,201 | 1,038 | 1,073 | 783.7 | 1,015.5 | 314.7 | 188.8 | 449.3 | 84.1 | 52.9 | 55.9 | 15.7 | 119.1 | 60.2 | 77.4 | 42.1 | 67 | 58.9 | 45.9 | 43.7 | 37 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (260) | (207) | (186) | (149) | (130) | (136.4) | (185.3) | (93.3) | (89.5) | (50.2) | (22.7) | (19.3) | (17.5) | (10.5) | (14.8) | (26.3) | (30.8) | (141.5) | (42.7) | (91.7) | (71.1) | (13.5) | (9.8) |
| Acquisitions | (2,507) | (149) | (308) | (89) | (435) | (40.3) | (2,996.4) | (51.2) | (945.3) | (183.1) | (35.9) | 0 | 0 | (1.7) | (3.7) | (0.7) | (32.2) | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 20 | 13 | 2 | 3 | 25 | 21.3 | 3.9 | (2.8) | 1.3 | (541.7) | 1.0 | 1.5 | 4.9 | 1.3 | 245.9 | 5.5 | (3.3) | 0 | 0 | 0 | 0 | 0.6 | 0.2 |
| Investing Cash Flow | (2,747) | (343) | (492) | (235) | (540) | (155.4) | (3,177.8) | (147.3) | (1,033.5) | (775.1) | (57.6) | (17.8) | (12.5) | (10.8) | 227.4 | (21.5) | (66.4) | (141.5) | (42.7) | (91.7) | (71.1) | (12.9) | (9.6) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 1,484 | (64) | 42 | (30) | (161) | (199.3) | 558 | 2,026.7 | (52.8) | 772.3 | (0.1) | (40.1) | (4.9) | (45.9) | (298.3) | (28.4) | (5.0) | 158.2 | 24.1 | 35.3 | 216.9 | (29.9) | (29.4) |
| Stock Repurchased | (223) | (1,097) | (409) | (473) | (300) | (207) | 0 | 0 | (6.8) | (212.2) | 0 | 0 | 0 | 0 | (0.6) | (12.2) | (10.6) | 0 | (44) | (1.6) | (305.6) | 0 | 0 |
| Dividends Paid | (173) | (140) | (123) | (111) | (92) | (92.5) | (81.7) | (46.3) | (42.2) | (32.4) | (1.9) | (1.8) | (1.8) | (1.8) | (1.7) | (1.7) | (1.0) | (1) | (1) | (1.1) | (0.3) | 0 | 0 |
| Other Financing Activities | (57) | (70) | (143) | (87) | (100) | (120) | (15.6) | (2.3) | 4.4 | (6.7) | 0 | 0.6 | 0 | 0 | 0 | 0 | 0 | (58.4) | (7.4) | (0.1) | (0.1) | 0.1 | 0.3 |
| Financing Cash Flow | 1,031 | (1,371) | (633) | (708) | (653) | (619) | 461.5 | 1,978.1 | (97.4) | 524.2 | 28.0 | (18.5) | 9.2 | (44.1) | (297.2) | (38.0) | (11.7) | 102.2 | (22.4) | 32.5 | 24.3 | (29.8) | (29.1) |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | 74 | 95 | 79 | 68 | (126) | (5.5) | (1,738.1) | 2,109.0 | (909.8) | 172.3 | 46.1 | 24.9 | 51.1 | (34.7) | 47.9 | (1.0) | (1.9) | 2.5 | 0.3 | 0.4 | (0.8) | (29.8) | (29.1) |
| Cash at Beginning | 715 | 620 | 541 | 473 | 599 | 604.2 | 2,342.3 | 233.4 | 1,143.2 | 226.2 | 95.3 | 70.3 | 19.2 | 53.9 | 6.1 | 7.1 | 9.0 | 0.8 | 0.6 | 0.2 | 1 | 0 | 1.8 |
| Cash at End | 789 | 715 | 620 | 541 | 473 | 598.7 | 604.2 | 2,342.4 | 233.4 | 398.5 | 141.4 | 95.3 | 70.3 | 19.2 | 53.9 | 6.1 | 7.1 | 3.3 | 0.9 | 0.6 | 0.2 | (29.8) | (27.3) |
| Free Cash Flow | 1,499 | 1,627 | 1,015 | 889 | 943 | 647.3 | 830.2 | 221.4 | 99.3 | 399.1 | 61.4 | 33.6 | 38.4 | 5.2 | 104.3 | 33.9 | 46.6 | (99.4) | 24.3 | (32.8) | (25.2) | 30.2 | 27.2 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 11,167 | 10,387 | 9,677 | 8,362 | 7,822 | 7,556 | 8,200 | 4,363.5 | 3,881.7 | 2,931.2 | 3,308.0 | 3,044.5 | 2,566.4 | 2,391.1 | 1,967.6 | 1,507.0 | 1,401.6 | 1,574.7 | 1,360.1 | 1,087.6 | 1,034.0 | 822.0 | 717.9 | 696.2 | 783.7 | 811.2 | 844.1 | 1,036.1 | 870.4 | 453.5 | 425 | 347.5 | 285.3 |
| Gross Profit | 3,515 | 3,366 | 2,944 | 2,540 | 2,369 | 2,137 | 2,278 | 1,233.9 | 1,065.3 | 924.2 | 1,047.8 | 936.0 | 764.0 | 694.6 | 570.4 | 449.1 | 393.3 | 427.2 | 369.6 | 296.8 | 259.6 | 205.2 | 189.4 | 179.5 | 209.9 | 235.7 | 274.9 | 325.6 | 281.5 | 167.6 | 164.5 | 134.1 | 105.2 |
| Operating Income | 1,869 | 1,609 | 1,266 | 1,011 | 876 | 745 | 663 | 473.4 | 421.1 | 456.6 | 607.6 | 527.1 | 437.3 | 392.3 | 270.7 | 202.8 | 180.0 | 212.5 | 179.7 | 130.2 | 101.3 | 55.4 | 51.7 | 47.5 | 54.1 | 77.8 | 87.8 | 145 | 124.6 | 79.2 | 95.5 | 89.2 | 62.3 |
| Net Income | 1,170 | 1,056 | 815 | 633 | 558 | 414 | 327 | 294.9 | 262.3 | 304.9 | 398.6 | 351.7 | 292.2 | 251.7 | 170.1 | 123.1 | 115.1 | 130.6 | 109.6 | 84.8 | 55.8 | 32.4 | 22.7 | (45.4) | 61.8 | 25.4 | 36.6 | 73.9 | 57.5 | 32.7 | 33.7 | 36.8 | 28.1 |
| EPS (Diluted) | 6.83 | 6.04 | 4.54 | 3.46 | 2.96 | 2.17 | 1.84 | 3.06 | 2.72 | 3.34 | 4.10 | 3.62 | 3.01 | 2.60 | 1.76 | 1.28 | 1.20 | 1.33 | 1.12 | 0.87 | 0.59 | 0.36 | 0.26 | -0.52 | 0.72 | 0.30 | 0.41 | 0.84 | 0.72 | 0.57 | 0.64 | 0.46 | 0.35 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 789 | 706 | 620 | 541 | 473 | 599 | 604.2 | 580.9 | 233.4 | 398.5 | 188.7 | 141.8 | 95.3 | 70.3 | 19.2 | 53.9 | 6.1 | 7.1 | 9 | 0.8 | 0.6 | 0.2 | 1 | 0 | |||||||||
| Total Assets | 22,069 | 18,702 | 18,988 | 18,516 | 18,454 | 18,454.5 | 18,886.2 | 8,649.2 | 6,580.0 | 6,581.0 | 1,585.8 | 1,507.5 | 713.4 | 656.3 | 588.9 | 730.0 | 984.0 | 996.7 | 596.2 | 410.9 | 363.2 | 263.4 | 187.7 | 175.6 | |||||||||
| Total Debt | 5,541 | 3,980 | 4,069 | 4,002 | 4,058 | 4,239 | 4,429.3 | 3,856.9 | 1,870.5 | 1,892.8 | 391.8 | 387.1 | 150.1 | 193.4 | 195.2 | 241.9 | 540.2 | 568.6 | 573.6 | 364.9 | 341.7 | 305.9 | 78.1 | 107.9 | |||||||||
| Stockholders' Equity | 11,142 | 10,091 | 10,487 | 10,102 | 10,201 | 10,122.3 | 9,956.5 | 2,865.1 | 2,808.9 | 2,206.0 | 776.9 | 645.4 | 312.4 | 248.3 | 199.3 | 245.3 | 196.4 | 181.9 | (33.9) | (79.3) | (76.2) | (108.7) | 46.8 | 11 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,759 | 1,834 | 1,201 | 1,038 | 1,073 | 783.7 | 1,015.5 | 314.7 | 188.8 | 449.3 | 84.1 | 52.9 | 55.9 | 15.7 | 119.1 | 60.2 | 77.4 | 42.1 | 67 | 58.9 | 45.9 | 43.7 | 37 | ||||||||||
| Capital Expenditure | (260) | (207) | (186) | (149) | (130) | (136.4) | (185.3) | (93.3) | (89.5) | (50.2) | (22.7) | (19.3) | (17.5) | (10.5) | (14.8) | (26.3) | (30.8) | (141.5) | (42.7) | (91.7) | (71.1) | (13.5) | (9.8) | ||||||||||
| Free Cash Flow | 1,499 | 1,627 | 1,015 | 889 | 943 | 647.3 | 830.2 | 221.4 | 99.3 | 399.1 | 61.4 | 33.6 | 38.4 | 5.2 | 104.3 | 33.9 | 46.6 | (99.4) | 24.3 | (32.8) | (25.2) | 30.2 | 27.2 | ||||||||||