The Williams Companies, Inc. logo WMB - The Williams Companies, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 27
HOLD 7
SELL 0
STRONG
SELL 0
| PRICE TARGET: $83.50 DETAILS
HIGH: $98.00
LOW: $73.00
MEDIAN: $82.00
CONSENSUS: $83.50
UPSIDE: 6.41%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 3,030 3,198 2,923 2,770 3,048 2,743 2,653 2,336 2,771 2,784 2,559 2,483 3,081 2,930 3,021 2,490 2,524 3,257 2,475 2,283 2,612 2,092 1,933 1,781 1,913 2,107 1,999 2,041 2,054 2,204 2,303 2,091 2,088 2,228 1,891 1,924 1,988 2,198 1,905 1,736 1,660 2,006 1,799 1,839 1,716 2,141 2,069 1,678 1,749 1,660 1,623 1,767 1,810 1,869 1,752 1,846 2,019 (17) 1,972 1,984 1,871 2,424 2,300 2,289 2,591 2,326 2,098 1,909 1,922 2,132 3,201 3,729 3,204 2,506.2 2,860 2,824 2,368 2,770.3 2,511.8 2,219.9 3,027.5 3,676.1 3,082.3 2,871.2 2,954 2,974.3 3,375.2 3,051.9 3,070 3,549.2 3,763.8 (909.8) 747.1 2,315.7 2,921.3 3,057.7 2,252.4 2,858.8 2,349.7 1,899.3
Cost of Revenue 543 1,700 471 1,715 1,228 1,187 1,090 981 1,079 977 1,036 980 1,113 1,213 1,519 1,403 1,331 1,747 1,558 1,178 1,391 953 827 716 838 980 888 931 981 1,149 1,245 1,096 1,079 1,108 937 970 1,021 982 896 847 763 848 858 922 889 1,095 1,176 938 983 935 917 999 991 325 967 1,081 1,125 (321) 1,392 1,398 1,309 1,788 1,748 1,717 1,917 1,708 1,537 1,392 1,444 0 2,344 0 2,353 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 2,487 1,498 2,452 1,055 1,820 1,556 1,563 1,355 1,692 1,807 1,523 1,503 1,968 1,717 1,502 1,087 1,193 1,510 917 1,105 1,221 1,139 1,106 1,065 1,075 1,127 1,111 1,110 1,073 1,055 1,058 995 1,009 1,120 954 954 967 1,216 1,009 889 897 1,158 941 917 827 1,046 893 740 766 725 706 768 819 1,544 785 765 894 304 580 586 562 636 552 572 674 618 561 517 478 0 857 0 851 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 193 191 168 168 194 188 170 164 186 182 146 161 176 159 163 160 154 169 152 114 123 112 114 127 113 148 130 152 128 133 174 130 132 156 138 153 161 167 177 158 221 194 177 174 196 204 171 136 150 127 130 123 132 144 137 149 129 (41) 123 123 129 190 165 168 196 14 166 167 165 160 167 173 154 198.9 148 143 142 273 148 129.5 80.5 147.2 133.4 98.2 101.5 136.6 113.5 111.2 117.5 115.1 138.6 109.9 196.7 180.1 220.9 224.5 5.3 361 237.1 203.3
Other Expenses 973 0 1,175 0 532 575 555 495 494 538 383 472 432 486 519 455 385 404 410 391 359 509 351 326 531 745 353 460 384 1,556 383 455 386 1,151 542 423 376 468 487 1,219 414 1,713 408 351 404 311 415 293 196 335 240 295 261 1,020 275 284 238 (1) 0 3 (6) 4 1,677 (12) (1) 148 1 (1) 33 1,568 1 2,747 (118) 1,816.2 2,221 2,180 1,843 2,311.1 2,043 1,941.9 2,588.7 3,162.9 2,826.2 2,491.6 2,390.3 2,549 3,011 2,758.2 2,690.9 3,183.7 2,943.8 (1,350.3) 758.8 1,906.8 2,119.8 2,037.7 1,560 2,170.2 1,504.2 1,310
Operating Expenses 1,166 191 1,343 168 726 763 725 659 680 720 529 633 608 645 682 615 539 573 562 505 482 621 465 453 644 893 483 612 512 1,689 557 585 518 1,307 680 576 537 635 664 1,377 635 1,907 585 525 600 515 586 429 346 462 370 418 393 1,164 412 433 367 (42) 123 126 123 194 1,842 156 195 162 167 166 198 1,728 168 2,920 36 2,015.1 2,369 2,323 1,985 2,584.1 2,191 2,071.4 2,669.2 3,310.1 2,959.6 2,589.8 2,491.8 2,685.6 3,124.5 2,869.4 2,808.4 3,298.8 3,082.4 (1,240.4) 955.5 2,086.9 2,340.7 2,262.2 1,565.3 2,531.2 1,741.3 1,513.3
Operating Income
Operating Income 1,321 1,307 1,109 887 1,094 793 838 696 1,012 1,087 994 870 1,360 1,072 820 472 654 937 355 600 739 518 641 612 431 234 628 498 561 (634) 501 410 491 (187) 274 378 430 581 345 (488) 262 (749) 356 392 227 531 307 311 420 263 336 350 426 380 373 332 527 346 457 460 439 442 (1,290) 416 479 456 394 351 280 404 689 809 815 491.1 491 501 383 186.2 320.8 148.5 358.3 366 122.7 281.4 462.2 288.7 250.7 182.5 261.6 250.4 681.4 330.6 (208.4) 228.8 580.6 795.5 687.1 327.6 608.4 386
Interest Expense 376 371 372 350 349 338 338 339 349 322 314 306 294 289 291 281 286 295 292 298 294 290 292 294 296 298 296 296 296 294 270 275 273 265 267 271 280 293 297 298 291 268 263 262 251 234 210 163 140 131 124 127 128 121 129 128 131 132 146 155 156 156 158 154 164 88 168 145 142 0 162 0 157 0 0 0 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 11 0 4 0 11 0 0 0 63 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 5 8 13 13 17 0 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 1,532 1,957 1,865 1,736 1,856 1,511 1,872 1,434 1,752 2,398 1,696 1,577 2,041 1,747 1,508 1,149 1,294 1,579 1,005 1,202 1,308 911 1,152 1,156 (49) 777 1,050 1,142 995 24 1,085 1,030 1,029 215 849 962 1,328 816 932 94 725 (1,065) 457 956 721 1,037 3,285 584 601 531 591 627 656 588 602 546 791 513 929 917 889 903 (839) 849 283 828 808 735 584 744 1,071 1,161 1,177 881.8 824 753 648 435.2 541.2 359 555.3 572.8 322.2 459.5 640.4 462.4 417.6 350.6 422 590 941 608.8 (84.4) 464.3 755.9 969.8 887.5 645.2 768 540.3
EBIT 1,156 1,388 1,301 1,107 1,271 946 1,306 894 1,204 1,869 1,175 1,062 1,535 1,242 1,008 643 796 1,125 518 739 870 475 726 726 (478) 338 615 718 579 (411) 660 596 598 (213) 416 529 886 379 497 (352) 280 (1,516) 25 528 294 658 2,916 370 387 322 384 429 455 404 406 365 623 101 500 503 494 497 (1,213) 483 (78) 446 447 376 217 420 772 809 875 650.1 491 501 383 186.2 320.8 148.5 358.3 366 122.7 281.4 462.2 288.7 250.7 182.5 261.6 250.4 681.4 330.6 (208.4) 228.8 580.6 795.5 687.1 327.6 608.4 386
Income Before Tax 1,156 1,017 929 757 922 608 968 555 855 1,547 861 756 1,241 953 717 362 510 830 226 441 576 185 434 432 (774) 40 319 422 283 (705) 390 321 325 (478) 149 258 606 86 200 (650) (11) (1,784) (238) 266 43 424 2,706 207 247 191 260 302 327 283 277 237 492 (31) 354 348 338 341 (1,371) 329 (242) 358 279 231 75 105 610 687 718 312.6 388 396 274 172.2 213.5 (54.5) 219.4 114.1 3.1 82.4 331.7 185.5 64.8 (36.3) 17.1 (186.9) 245.4 250.5 (488.2) (127.8) 539.7 599.8 458.6 184 469 239.2
Income Tax Expense 244 244 246 174 193 91 227 129 193 370 176 175 284 256 96 (45) 118 198 53 119 141 55 111 117 (204) 91 77 98 69 (159) 190 52 55 (2,100) 24 65 37 49 69 (145) 2 (447) (65) 83 30 116 998 84 51 141 62 102 96 79 77 71 133 (70) 33 109 (22) 112 (150) 104 (94) 136 87 80 56 (25) 199 268 263 107.1 160 152 104 16.7 100.6 4.3 88.3 45.3 (2.6) 41.7 129.5 88.9 48.6 (17.8) 12.3 (102.4) 127.4 118 (156.4) (24.1) 210.9 232.9 179.6 62.9 182.6 100.3
Net Income 912 734 647 546 691 486 706 401 632 1,138 654 460 927 669 600 400 380 622 165 304 426 116 309 303 (517) 124 221 310 195 (571) 129 135 152 1,687 33 81 373 (15) 61 (405) (65) (715) (40) 114 70 193 1,678 103 140 (189) 141 142 161 149 203 132 495 (444) 272 227 321 174 (1,263) 185 (193) 172 143 142 (172) 115 366 437 500 224.9 198 433 134 146.4 106.2 (76) 131.9 66.8 4.4 41.3 201.1 73.4 98.6 (18.2) 9.9 (53.7) 269.7 (219.2) (349.1) (1,237.7) 339.5 199.2 (48.3) 121.1 351.8 99.7
Per Share Data
EPS (Basic) 0.71 0.60 0.53 0.45 0.57 0.40 0.58 0.33 0.52 0.93 0.54 0.38 0.76 0.55 0.49 0.33 0.31 0.52 0.14 0.25 0.35 0.09 0.25 0.25 -0.43 0.10 0.18 0.26 0.16 -0.47 0.13 0.16 0.18 2.04 0.04 0.10 0.45 -0.02 0.08 -0.54 -0.09 -0.94 -0.05 0.15 0.09 0.26 2.25 0.15 0.20 -0.02 0.29 0.21 0.24 0.22 0.25 0.21 0.71 -0.75 0.46 0.39 0.55 0.30 -2.16 0.32 -0.33 0.29 0.24 0.24 -0.30 0.20 0.63 0.75 0.85 0.38 0.33 0.72 0.22 0.24 0.18 -0.13 0.22 0.11 0.01 0.07 0.36 0.13 0.19 -0.03 0.02 -0.10 0.48 -0.42 -0.67 -2.38 0.70 0.42 -0.10 0.27 0.79 0.22
EPS (Diluted) 0.71 0.60 0.53 0.45 0.57 0.40 0.58 0.33 0.52 0.93 0.54 0.38 0.76 0.55 0.49 0.33 0.31 0.52 0.13 0.25 0.35 0.09 0.25 0.25 -0.43 0.10 0.18 0.26 0.16 -0.47 0.13 0.16 0.18 2.03 0.04 0.10 0.45 -0.02 0.08 -0.54 -0.09 -0.93 -0.05 0.15 0.09 0.26 2.22 0.15 0.20 -0.02 0.29 0.21 0.23 0.22 0.25 0.21 0.70 -0.74 0.46 0.38 0.54 0.29 -2.16 0.31 -0.33 0.29 0.24 0.24 -0.30 0.20 0.62 0.73 0.84 0.38 0.33 0.71 0.22 0.24 0.18 -0.13 0.22 0.11 0.01 0.07 0.34 0.12 0.19 -0.03 0.02 -0.10 0.46 -0.42 -0.67 -2.37 0.70 0.41 -0.10 0.27 0.78 0.22
Shares Outstanding 1,223 1,222 1,222 1,221.7 1,220.7 1,219.2 1,219.5 1,219.4 1,218.2 1,217 1,217.0 1,217.7 1,219.5 1,218 1,219.0 1,218.7 1,216.9 1,215.4 1,215.4 1,215.2 1,214.6 1,214.6 1,213.9 1,213.6 1,204.7 1,212.3 1,212.3 1,212.0 1,211.5 1,210.6 1,023.6 827.9 827.5 826 826 826 824.5 750 750.8 750 750 749 749 749 748 747 747 696.6 685 683 683.3 683 682 678.8 626.8 626.5 595 595 589.0 588.3 587.0 587.0 584.7 584.4 584 583.3 583.1 580.7 579.5 579.1 577.4 583.4 585.5 585.5 596.8 599.5 598.0 598.0 596.2 595.6 591.4 591.4 572.5 571.2 564.4 564.4 523.1 521.7 519.5 519.5 518.1 516.7 520.4 519.2 487.2 479.1 479.1 445.1 443.8 442.9
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1
Current Assets
Cash & Cash Equivalents 950 63 70 903 100 60 762 55 667 2,150 2,074 551 477 152 859 133 604 1,680 214 1,201 1,126 142 70 1,133 400 289 247 806 43 168 42 275 1,292 899 1,172 1,918 639 170 77 135 164 1,601 1,644 1,867 1,853 1,786 1,551.5 1,030.3 1,997.8 2,315.7 3,283.6 1,501.1 1,728.3 1,292.7 413.9 1,014.6 237.8 1,210.7 1,027.5 427.4 626.1 1,092 287.9 200.1 330.1 503.3 91.6 135.5 173.2 81.3 94 143.6 79.6 115.3 40.5 65.5 87.6 90.4 63.6 382.9 615 36.1 28 29.4 44.6
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,676 2,084 1,480 1,563 1,781 1,863 1,310 1,398 1,355 1,655 1,419 1,362 1,524 2,723 2,659 2,784 1,973 1,978 1,986 999 1,058 999 1,011 907 930 996 875 879 929 992 883 844 743 976 783 693 867 938 854 730 733 722 831 829 677 683 955.1 1,461 1,511 1,638.4 1,696.5 2,589.4 2,524.4 3,437.5 4,189.6 3,855.6 3,250.7 3,580.5 3,024.5 2,769 2,572 2,508.2 2,400 1,910.5 1,654.4 1,724.6 1,755.9 1,580.6 1,486.1 1,330.9 1,000.7 850.9 699.7 1,070.6 739.5 758.1 829.7 677.3 653.6 623.6 716.1 452.3 393.8 336 376.5
Inventory 262 314 339 335 249 279 275 274 239 274 266 259 244 320 447 371 201 379 368 194 144 136 157 134 105 125 129 134 129 130 153 153 160 113 144 150 148 138 120 122 142 279 221 222 249 242 214.5 255.3 206.9 245.8 299.5 383.4 443.1 820.2 861.6 751.3 672.8 848.5 943.7 811.2 707.4 631.5 655.7 569.1 533.9 497.5 434.9 482.2 422.3 300.5 285.8 271.5 246.9 204.6 197.3 205.7 206.9 189 212.8 186.3 210.8 112.3 123.8 128.9 104.9
Other Current Assets 432 783 382 420 405 459 351 388 349 434 497 467 512 602 473 499 376 512 317 231 169 152 165 164 130 170 183 209 186 174 906 269 204 191 194 1,208 1,191 216 576 1,370 222 757 893 875 1,120 1,348 3,661.2 5,015.4 5,408.3 4,595.1 9,003.7 10,138.5 8,190.3 7,209.5 7,111.6 5,621.5 9,557.5 9,837 3,872.5 2,862.5 2,088.2 2,284.9 913.3 883.9 787.4 806.7 691.4 1,004.8 607.5 543.2 509.4 438.1 425 499.6 467.4 432 431.1 387.1 332.3 343.7 636.3 856.1 725.1 96.4 99
Total Current Assets 3,320 3,244 2,271 3,221 2,535 2,661 2,698 2,115 2,610 4,513 4,256 2,639 2,757 3,797 4,438 3,787 3,154 4,549 2,885 2,625 2,497 1,429 1,403 2,338 1,565 1,580 1,434 2,028 1,287 1,464 1,984 1,541 2,399 2,179 2,293 3,969 2,845 1,462 1,627 2,357 1,261 3,359 3,589 3,793 3,899 4,059 6,286.2 7,762 9,124 8,795 14,283.3 14,612.4 12,886.1 12,759.9 12,576.7 11,243 13,718.8 15,476.7 8,868.2 6,870.1 5,993.7 6,516.6 4,256.9 3,563.6 3,305.8 3,532.1 2,973.8 3,203.1 2,689.1 2,255.9 1,889.9 1,704.1 1,451.2 1,890.1 1,444.7 1,461.3 1,555.3 1,343.8 1,262.3 1,536.5 2,178.2 1,456.8 1,270.7 590.7 625
Non-Current Assets
Property, Plant & Equipment 43,134 41,996 60,305 39,773 39,155 38,692 37,974 36,702 36,451 34,311 32,628 32,346 32,095 30,889 30,338 29,660 29,186 29,258 29,314 29,299 29,076 28,929 29,107 29,137 29,141 29,200 29,613 29,131 29,081 27,504 28,674 28,953 28,847 28,211 27,709 28,042 27,762 28,428 28,263 28,249 29,823 18,831 18,714 18,644 17,966 17,994 15,599.9 11,770.1 12,033.7 12,079.1 12,188.8 14,677.1 14,717.7 15,386.9 17,697.2 14,813.2 14,546.9 19,667.8 18,261.5 17,022.2 15,869.4 15,155.5 14,102.8 13,438.9 12,910.5 12,604.6 12,388 12,067.6 11,750 10,055.6 9,860.6 9,589.9 9,412.6 9,386.3 9,210.8 9,059.9 8,987.1 8,014.7 7,814.7 7,337.2 7,042 3,124 3,048.8 3,736.9 3,698
Goodwill 0 0 0 0 0 466 0 0 0 463 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 188 0 0 19 0 47 47 0 47 47 47 47 47 0 47 47 1,011 1,011 1,011 1,011 1,011 1,011.4 1,014.5 1,014.5 1,014.5 1,696.5 2,589.4 2,524.4 3,437.5 4,189.6 0 0 3,580.5 3,024.5 2,769 2,572 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 6,670 6,763 7,004 7,100 7,115 6,743 7,305 7,402 7,496 7,130 7,459 7,573 7,660 7,363 7,493 7,633 7,278 7,402 7,481 7,277 7,362 7,444 7,531 7,609 7,688 7,771 8,041 8,123 8,077 7,767 8,277 8,359 8,644 8,744 8,826 9,434 9,523 9,616 9,752 9,792 9,881 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,508.2 2,400 1,910.5 1,654.4 1,724.6 1,755.9 1,580.6 1,486.1 1,330.9 1,000.7 850.9 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 4,520 4,559 4,188 4,209 4,300 4,140 4,201 4,612 4,639 4,637 4,998 5,046 5,067 5,065 5,066 5,116 5,107 5,127 5,085 5,124 5,129 5,159 5,176 5,155 5,179 6,235 6,228 6,261 6,544 7,821 7,427 6,810 6,513 6,552 6,615 6,675 6,738 6,701 7,084 7,125 7,181 881 888 886 894 902 884.9 1,363 1,390 0 0 0 0 0 0 0 0 0 0 0 0 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 1,925 2,011 (18,032) 1,838 1,819 1,830 1,659 1,578 1,551 1,573 1,447 1,421 1,357 1,319 1,337 1,359 1,324 1,276 1,220 1,182 1,198 1,204 1,103 1,104 1,056 1,066 965 966 962 746 744 664 649 619 630 603 597 581 562 554 614 865 927 946 1,256 1,402 2,939.2 5,621.8 5,618 5,478.3 6,321.4 5,070.3 9,016.9 6,633.6 6,796.8 7,569.5 8,226.9 6,330.8 4,704.7 4,094.8 3,512.6 3,180.8 2,459 2,451.6 2,320.9 1,927 1,783.3 1,702.5 1,368.7 1,276.2 1,066.2 1,013.9 1,244 1,142.4 1,138.4 1,059.2 971 1,168.8 1,022 1,006.9 938.5 645.3 587.8 685.3 731.8
Total Non-Current Assets 56,249 55,329 53,465 52,920 52,389 51,871 51,139 50,294 50,137 48,114 46,532 46,386 46,179 44,636 44,234 43,768 42,895 43,063 43,100 42,882 42,765 42,736 42,917 43,005 43,064 44,460 44,847 44,481 44,683 43,838 45,169 44,833 44,653 44,173 43,827 44,801 44,667 45,373 45,661 45,767 47,546 21,588 21,540 21,487 21,127 21,309 19,550.5 18,406.4 18,666.2 18,226.8 19,569.7 20,829.9 22,102.4 23,107.8 25,636.4 22,382.7 22,773.8 24,720.3 23,360.1 21,527 19,806.2 18,771.9 17,110.7 16,448.9 15,866.4 15,115.2 14,760.1 14,368.9 13,724.2 11,623.1 11,363.8 11,044.3 10,656.6 10,528.7 10,349.2 10,119.1 9,958.1 9,151 8,836.7 8,344.1 7,980.5 3,769.3 3,636.6 4,422.2 4,429.8
Total Assets 59,569 58,573 55,736 56,141 54,924 54,532 53,837 52,409 52,747 52,627 50,788 49,025 48,936 48,433 48,672 47,555 46,049 47,612 45,985 45,507 45,262 44,165 44,320 45,343 44,629 46,040 46,281 46,509 45,970 45,302 47,153 46,374 47,052 46,352 46,120 48,770 47,512 46,835 47,288 48,124 48,807 24,947 25,129 25,280 25,026 25,368 25,836.7 26,168.4 27,790.2 27,021.8 33,853 35,442.3 34,988.5 35,867.7 38,213.1 33,625.7 36,492.6 40,197 32,228.3 28,397.1 25,799.9 25,288.5 21,367.6 20,012.5 19,172.2 18,647.3 17,733.9 17,572 16,413.3 13,879 13,253.7 12,748.4 12,107.8 12,418.8 11,793.9 11,580.4 11,513.4 10,494.8 10,099 9,880.6 10,158.7 5,226.1 4,907.3 5,012.9 5,054.8
Current Liabilities
Account Payables 2,271 2,224 1,406 1,414 1,551 1,613 1,137 1,192 1,042 1,379 1,358 1,146 1,258 2,327 2,613 2,496 1,584 1,746 1,674 611 538 482 464 769 359 552 602 627 620 662 739 893 776 978 773 734 680 623 619 688 739 806 907 934 772 828 1,020.5 1,044.8 997.3 1,228 434.4 1,927.3 1,878.3 2,745.5 3,371.4 3,714.1 3,293.1 3,088 2,705.4 2,454.4 2,172 2,049.9 1,664.8 1,214.2 978.3 1,158.2 1,051.3 1,048.9 1,004.8 1,288.5 675 475.8 470.4 683.3 408.4 439.5 487.3 472 348.8 371.7 411.8 222.5 208.5 320.1 0
Short-Term Debt 248 2,045 2,398 2,969 3,289 2,175 2,284 2,166 2,787 3,062 2,879 2,877 1,627 977 877 1,915 1,625 2,025 2,024 2,143 2,142 893 432 626 628 2,140 1,538 1,563 2,575 47 856 2 501 501 502 1,951 0 878 787 982 1,111 160 10 17 13 164 465.6 276.6 443.4 938.5 1,816.3 3,272.1 2,079 2,322 2,456.4 3,138.2 2,097.8 3,670.8 3,468.6 1,652 1,932.6 1,574.8 1,828.2 2,405 2,375.6 1,443.3 942.7 1,091.6 947.2 773.3 1,197.4 307.4 293.5 329.1 354.4 394.7 528.7 319.9 231.5 185.9 187.3 890 167.5 80.4 313.3
Deferred Revenue 0 4,986 5,084 0 0 170 0 0 0 159 0 0 0 141 0 0 0 134 0 0 0 129 0 0 0 158 0 0 0 244 0 0 0 361 0 0 0 338 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,487 (3,149) (3,511) 1,629 1,426 978 95 109 75 884 123 143 180 907 0 0 0 553 0 0 0 367 0 0 0 394 0 0 0 371 49 0 0 337 0 36 43 362 0 179 0 315 420 578 524 567 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 4,006 6,106 5,377 6,012 6,266 5,312 4,719 4,696 4,981 5,830 5,526 5,384 4,020 4,890 5,017 5,838 4,308 4,972 4,940 3,759 3,535 2,319 1,861 2,438 2,116 3,968 3,324 3,389 4,169 1,811 2,761 1,958 2,164 2,646 2,354 3,996 2,045 2,949 2,465 2,752 2,789 2,119 2,097 2,477 2,315 2,617 5,302.7 6,184.8 6,381.8 6,270.1 11,398.9 14,508.6 11,308.5 11,674.4 13,498.3 13,006.9 14,460.4 16,803.5 9,994.5 7,741 6,322.4 5,772.2 5,302 5,387.5 4,932.7 4,439.2 3,704.8 4,104.5 3,473.2 3,027.4 3,057.9 1,920.3 1,907 2,199.3 1,863 1,924.7 2,142.8 2,049.9 1,944.6 1,899.5 2,233.4 1,473.9 739.3 814.8 726.9
Non-Current Liabilities
Long-Term Debt 30,054 27,316 25,589 25,603 24,122 24,736 24,825 24,096 24,100 23,376 22,772 21,532 22,785 21,927 22,530 20,800 20,801 21,650 20,338 21,091 21,092 21,451 21,951 22,323 21,848 20,148 20,719 20,711 20,703 22,367 21,409 21,313 21,379 20,434 20,567 21,325 21,825 22,624 23,932 24,394 23,701 8,358 8,615 8,259 8,265 8,278 7,424.6 9,483 10,824.8 11,039.8 11,209.7 10,491.1 11,896.4 12,293.6 8,821.4 6,983.2 6,851.7 10,342.4 10,013.7 9,339.1 8,945.3 9,235.3 7,772.8 6,189.7 6,192.4 6,366.4 6,323.4 5,843 5,416.2 5,351.5 4,043.6 4,656.1 4,236.4 4,376.9 4,137.3 3,884.2 3,694.9 2,874 2,907.9 2,841.7 2,848.2 1,307.8 1,544 1,432.7 1,592.8
Deferred Tax Liabilities 5,405 5,170 4,826 4,563 4,482 4,376 4,312 4,107 4,001 3,846 3,496 3,325 3,177 2,887 2,637 2,547 2,570 2,453 2,233 2,179 2,065 1,923 1,846 1,729 1,602 1,782 1,651 1,567 1,601 1,524 1,648 3,267 3,196 3,147 5,211 5,200 5,133 4,238 4,271 4,079 4,248 3,724 3,708 3,656 3,378 3,374 3,177.2 2,326.3 2,405 2,453.4 2,842.8 2,799.5 3,353.6 3,188.9 3,826.8 3,101.3 2,869.8 2,828.1 2,965.8 2,773.5 2,511.6 2,581.9 2,468.4 2,489.3 2,132.1 2,060.8 2,072.2 2,069.6 2,036.1 1,718.9 1,659.7 1,650.6 1,648.3 1,626.6 1,614.6 1,594.7 1,600.8 1,568.2 1,373.6 1,349.1 1,345.8 662.9 649.6 632 642.5
Other Non-Current Liabilities 4,942 4,986 5,084 5,158 5,189 5,268 5,116 4,764 4,735 4,684 4,651 4,575 4,631 4,684 4,578 4,534 4,399 4,436 4,555 4,213 4,097 3,889 3,764 3,773 3,804 3,778 3,728 3,761 3,772 3,603 4,376 4,389 4,410 3,950 3,106 3,068 3,100 2,978 2,396 2,477 2,445 251 304 428 710 746 (10,601.8) (11,809.3) (13,229.8) (13,493.2) (14,052.5) (13,290.6) (14,430.3) (15,482.5) (12,648.2) (10,084.5) (9,721.5) (9,694.4) (12,979.5) (12,112.6) (11,456.9) (11,817.2) (10,241.2) (8,679) (8,324.5) (8,427.2) (8,395.6) (7,912.6) (7,452.3) (7,360.6) (5,703.3) (6,306.7) (5,884.7) (6,003.5) (5,751.9) (5,478.9) (5,295.7) (4,442.2) (4,281.5) (4,190.8) (4,194) (1,970.7) (2,193.6) (2,064.7) (2,235.3)
Total Non-Current Liabilities 40,401 37,472 35,499 35,324 33,793 34,380 34,253 32,967 32,836 31,906 30,919 29,432 30,593 29,498 29,745 27,881 27,770 28,539 27,126 27,483 27,254 27,263 27,561 27,825 27,254 25,708 26,098 26,039 26,076 27,494 27,433 28,969 28,985 27,531 28,884 29,593 30,058 29,840 30,599 30,950 30,394 13,802 14,070 13,784 13,858 13,895 14,078.4 15,984.7 17,374.3 16,649.6 14,052.5 13,290.6 15,250 18,825 17,260 14,717 14,968 13,141 16,038 14,664 13,771 13,903 11,835 10,292 9,909 9,951 9,707 9,099 8,594 8,452 7,811 8,376 6,687 6,003.5 5,751.9 5,478.9 5,295.7 4,442.2 4,281.5 4,190.8 4,194 1,970.7 2,193.6 2,064.7 2,235.3
Total Liabilities 44,407 43,578 40,876 41,336 40,059 39,692 38,972 37,663 37,817 37,736 36,445 34,816 34,613 34,388 34,762 33,719 32,078 33,511 32,066 31,242 30,789 29,582 29,422 30,263 29,370 29,676 29,422 29,428 30,245 29,305 30,194 30,927 31,149 30,177 31,238 33,589 32,103 32,789 33,064 33,702 33,183 15,921 16,167 16,261 16,173 16,512 18,287.7 22,079.8 23,668.4 22,835.6 29,759.1 30,859.1 29,515.8 30,079.2 29,683.1 26,649.7 28,358.4 32,674.7 25,518.2 21,886.3 19,575.1 19,141.8 16,604.8 15,165.7 14,337.2 13,881.6 13,127.7 13,020.9 11,893.3 10,190.2 9,619.3 9,075.5 8,593.9 8,997.8 8,449.8 8,243.8 8,230.9 7,307.7 7,017.5 6,767.1 7,260.4 3,720.6 3,159.5 3,196.2 3,291.9
Stockholders' Equity
Common Stock 1,262 1,261 1,261 1,260 1,260 1,258 1,258 1,258 1,258 1,256 1,256 1,256 1,256 1,253 1,253 1,253 1,252 1,250 1,249 1,249 1,249 1,248 1,248 1,248 1,248 1,247 1,247 1,246 1,246 1,245 1,245 862 862 861 861 861 861 785 785 785 785 619 619 618 617 615 606.1 525.6 523 521.4 520.9 520.8 519.9 519.7 518.4 488.1 487.5 447.9 447.5 446.3 445.3 444.5 438.5 437.8 435.7 432.3 431.7 428.5 427 431.5 161.7 161.3 161.1 160.2 106.5 106.4 106.1 105.3 105 104.8 104.5 104.4 104.3 104.1 103.5
Retained Earnings (12,017) (12,237) (12,354) (12,387) (12,320) (12,396) (12,296) (12,419) (12,238) (12,287) (12,876) (12,982) (12,895) (13,271) (13,419) (13,498) (13,378) (13,237) (13,361) (13,022) (12,825) (12,748) (12,376) (12,197) (12,013) (11,002) (10,664) (10,423) (10,270) (10,002) (9,018) (8,735) (8,587) (8,434) (9,872) (9,654) (9,487) (9,649) (9,483) (9,394) (8,508) 758 646 903 716 639 (459.6) (1,445.5) (1,422) (1,426.8) (1,469) (1,710.8) (884.3) (653.2) 1,763.8 1,635.2 3,192.4 3,065.7 3,180.7 3,126.1 2,840.6 2,807.2 2,734.1 2,784.7 2,833.5 2,849.5 2,948.4 2,982.4 2,986.9 2,983.3 2,193.5 2,245.7 2,181.7 2,119.5 2,057.1 2,024.4 1,982.3 1,915.6 1,868.8 1,831.5 1,779.2 716.5 662.9 631.3 592.5
Accumulated Other Comprehensive Income 125 127 102 77 76 76 0 13 10 0 48 12 (3) (24) (27) (23) (28) (33) (109) (110) (100) (96) (160) (176) (205) (199) (266) (265) (267) (270) (291) (293) (294) (238) (331) (331) (334) (339) (331) (369) (378) (63) 3 (168) (84) 37 (133) (259.6) (234.1) (149) (202.8) (76.4) 3.5 100.8 311.4 144 (222.6) (53) 149.6 41.8 73.6 21.9 (70) (5.8) (11.1) (61.8) (85.7) (38.1) (46.1) (54.1) (2.4) (2.5) (2.6) (2.2) (2.3) (2.5) (2.7) (2.3) (2.6) (1.8) (2.1) (1.3) (2.6) (2.7) (2.4)
Total Stockholders' Equity 12,992 12,807 12,520 12,438 12,487 12,436 12,428 12,296 12,449 12,402 11,845 11,679 11,785 11,485 11,319 11,226 11,316 11,423 11,198 11,512 11,702 11,769 12,065 12,212 12,354 13,363 13,621 13,848 14,406 14,660 15,610 9,345 9,473 9,656 8,109 8,306 8,444 4,643 4,860 4,830 5,691 7,633 7,573 8,447 8,324 8,326 6,455.6 3,998.9 4,034.1 4,102.1 4,001.5 4,152.9 5,049 5,369 7,455 5,901.6 7,065.1 5,892 6,195.4 5,992.4 5,706.9 5,585.2 4,230.4 4,332.5 4,330.5 4,257.4 4,321.6 4,368 4,346.6 4,232.6 3,528.5 3,587.3 3,513.9 3,421 3,344.1 3,336.6 3,282.5 3,187.1 3,081.5 3,113.5 2,567.6 1,505.5 1,747.8 1,816.7 1,762.9
Total Liabilities & Equity 59,569 58,573 55,736 56,141 54,924 54,532 53,837 52,409 52,747 52,627 50,788 49,025 48,936 48,433 48,672 47,555 46,049 47,612 45,985 45,507 45,262 44,165 44,320 45,343 44,629 46,040 46,281 46,509 45,970 45,302 47,153 46,374 47,052 46,352 46,120 48,770 47,512 46,835 47,288 48,124 48,807 24,947 25,129 25,280 25,026 25,368 25,836.7 26,168.4 27,790.2 27,021.8 33,853 35,442.3 34,988.5 35,867.7 38,213.1 33,625.7 36,492.6 40,197 32,228.3 28,397.1 25,799.9 25,288.5 21,367.6 20,012.5 19,172.2 18,647.3 17,733.9 17,572 16,413.3 13,879 13,253.7 12,748.4 12,107.8 12,418.8 11,793.9 11,580.4 11,513.4 10,494.8 10,099 9,880.6 10,158.7 5,226.1 4,907.3 5,012.9 5,054.8
Debt Metrics
Total Debt 30,302 29,361 27,987 28,572 27,411 26,937 27,109 26,262 26,887 26,462 25,651 24,409 24,412 22,904 23,407 22,715 22,426 23,675 22,362 23,234 23,234 22,344 22,383 22,949 22,476 22,288 22,257 22,274 23,278 22,414 22,265 21,315 21,880 20,935 21,069 23,276 21,825 23,502 24,719 25,376 24,812 8,518 8,625 8,276 8,278 8,442 7,890.2 9,759.6 11,268.2 11,979.5 13,026 13,763.2 13,914 14,615.6 11,277.8 10,121.4 8,949.5 14,052.4 13,482.3 10,991.1 10,877.9 10,810.1 9,601 8,594.7 8,568 7,809.7 7,266.1 6,934.6 6,363.4 5,299.4 5,241 4,963.5 4,529.9 4,706 4,491.7 4,278.9 4,223.6 3,193.9 3,139.4 3,027.6 3,035.5 2,197.8 1,711.5 1,513.1 1,906.1
Net Debt 29,352 29,298 27,917 27,669 27,311 26,877 26,347 26,207 26,220 24,312 23,577 23,858 23,935 22,752 22,548 22,582 21,822 21,995 22,148 22,033 22,108 22,202 22,313 21,816 22,076 21,999 22,010 21,468 23,235 22,246 22,223 21,040 20,588 20,036 19,897 21,358 21,186 23,332 24,642 25,241 24,648 6,917 6,981 6,409 6,425 6,656 6,338.7 8,729.3 9,270.4 9,663.8 9,742.4 12,262.1 12,185.7 13,322.9 10,863.9 9,106.8 8,711.7 12,841.7 12,454.8 10,563.7 10,251.8 9,718.1 9,313.1 8,394.6 8,237.9 7,306.4 7,174.5 6,799.1 6,190.2 5,218.1 5,147 4,819.9 4,450.3 4,590.7 4,451.2 4,213.4 4,136 3,103.5 3,075.8 2,644.7 2,420.5 2,161.7 1,683.5 1,483.7 1,861.5
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1
Operating Activities
Net Income 912 734 683 583 729 517 796 401 632 1,146 684 494 927 697 621 400 380 632 173 322 435 130 323 315 (570) (66) 242 324 214 (546) 200 269 270 1,622 125 193 569 37 131 (505) (13) 5.7 40.7 202.2 (24.9) 5.4 (84.5) 20.5 136.9 (57.7) 132.5 (408.1) (349.1) 123.2 (103.7) 221.3 339.5 (69.9) 121.1 351.8 121.3 73.2 15.7 17 55.9 (33.4) 32.1 60.7 72.9 71.5 65.3 107.8 105.9 106 71 80.4 104.9 77.5 68.5 83.3 1,088.9 76.5 55.6 74 52.8
Depreciation & Amortization 584 522 564 605 585 565 527 540 548 529 521 515 506 505 500 519 509 454 487 463 438 436 426 430 429 439 435 424 416 435 425 434 431 428 433 433 442 437 435 446 445 0 0 178.2 0 163.6 671.2 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
Stock-Based Compensation 22 0 (49) 19 30 30 (48) 24 24 18 19 23 17 15 22 15 21 21 21 19 20 13 15 15 9 13 14 16 14 12 13 16 14 17 17 23 21 18 21 13 21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (148) (124) (31) 85 (54) (172) 308 (9) (299) 40 (63) 229 (1) (360) 209 (85) (143) 44 (287) 101 (167) 94 (460) 219 (176) (4) (71) 176 (110) 150 (180) (52) (152) (37) (126) (68) (185) 673 (101) 72 212 323.1 59.1 (57.4) 225.4 (137.4) 269.1 (45.4) 265.8 (468.2) 206.4 (520.1) 265.1 (943.7) 434.8 (906.1) 677.7 (303) 19.6 (422.4) (229.5) 591.9 (214.4) 43.6 (337.2) (110.3) (143.2) (73.8) (49.8) 42.4 55.4 (98.1) 152.3 (7.9) (11) (29.4) (41) (26.1) 14.7 (12) 6 (67.1) (123.2) 56.6 2.9
Other Non-Cash Items (2) 142 16 79 36 239 (549) 217 177 (285) (86) (28) (218) 113 46 274 200 (208) 389 34 45 385 37 46 1,272 501 152 22 166 1,042 79 155 58 800 112 18 (269) 369 64 803 112 172.9 358.4 (129.4) 338.7 122.9 (49.9) 205.6 46.9 464.4 (22.8) 621.3 409.3 (263) 449.4 334.7 118.6 230.9 237.3 (38.2) 135.3 69.5 206.6 220.8 290 336 195.8 132.5 150.3 154.9 (25.3) 89.8 115.9 38.6 107.4 106.2 112.8 122.8 99.4 102.5 (922.2) 13.8 112.5 31.9 55.5
Operating Cash Flow 1,603 1,576 1,439 1,450 1,433 1,218 1,243 1,279 1,234 1,813 1,234 1,377 1,514 1,219 1,490 1,098 1,082 1,139 834 1,057 915 1,114 452 1,143 787 991 858 1,069 775 962 746 891 694 719 569 662 606 1,582 618 685 779 289 488.9 304.4 512.3 102.8 75.3 225.9 565.6 (96.7) 464.1 (462.8) 137.8 (1,010.2) 736.8 (181.4) 1,227.3 (6.7) 390.7 118.1 3.7 785.9 33.1 632.1 36.6 168.1 91.8 141.6 211.2 305.1 101.1 112.7 400.7 198.6 175.6 151.7 184.5 276.9 178.4 190 183.4 35.4 48.6 160.5 123.1
Investing Activities
Capital Expenditure (1,359) (2,061) (954) (972) (1,012) (800) (682) (579) (544) (689) (702) (624) (552) (817) (849) (320) (297) (290) (267) (429) (261) (307) (339) (320) (309) (412) (803) (508) (426) (602) (771) (932) (958) (713) (657) (557) (513) (474) (508) (556) (513) (369.3) (293.7) (222.9) (201.2) (127.8) (222.6) (282.1) (207.7) (244.4) (440.3) (447.9) (504.2) (431.4) (614.8) (557.1) (440.8) (1,164.3) (1,577.1) (1,221.8) (940.3) (1,441.9) (903) (791.7) (376.5) (363.7) (509.2) (460.4) (374.9) (350.8) (393.8) (261.9) (155.6) (290.7) (254.4) (158.2) (115.6) (229.9) (248.1) (213.6) (135.9) (175.2) (133.1) (94.2) (65.8)
Acquisitions 0 94 190 (26) (164) (262) 1,835 (15) (1,820) (546) 366 (27) (1,095) (26) (40) (928) 3 (61) (126) 4 (14) (175) (84) (36) (30) (94) (120) 342 (826) 967 (712) (70) (21) (18) 2,032 (27) 148 263 702 (59) (63) (40.8) 104.2 7 28.2 280.8 127.2 315.7 0 0 0 0 0 0 (21.3) 0 0 (578.6) (0.1) (107.8) 0 (8.5) 0 0 (162.9) 0 0 0 0 (6.2) (1.7) (71.8) (7.3) (70.7) (58.8) (21.7) (215) (41.8) (169) (169.5) (478.6) (9.4) (1.9) 0 (45.2)
Purchases of Investments (29) (319) (176) (16) 0 0 0 (30) (52) (61) (11) (30) 0 (110) (40) (44) (56) (115) (35) (30) (14) (325) 0 0 (30) (453) 0 0 (99) (1,132) 0 0 (21) (132) 0 0 (52) (177) 0 0 (63) (32.3) (210.9) (26.3) (1.2) (0.4) 447.5 (584.6) (7.6) (5.7) (24.4) 6.1 (139.4) (151) (156.2) (185.8) (144.4) (515.1) (804.1) (102.8) (233.7) (1,575.8) (53.9) (51.3) (353.2) (122.4) (54.3) (278.8) (14.8) (19.6) (23.2) (11.1) (80.3) (19.6) (29.4) 0 0 0 (1.6) 0 0 0 0 0 0
Sales/Maturities of Investments 48 0 0 0 0 0 161 0 0 17 11 30 0 0 40 0 0 1 0 1 (246) 24 0 0 (276) 485 0 0 95 602 0 0 20 200 0 0 200 474 0 0 196 131.4 26.8 8.6 10.4 74.8 (21.4) 613.3 (463.4) 0.1 0 0 0 0 377 0 0 1,302.7 (34.7) 1,014.2 674.9 561.2 0 0 0 0 0 0 0 18 12.9 64 10.6 58.9 24.3 0 0 0 1.4 0 0 0 0 0 0
Other Investing Activities 456 13 (82) 4 6 65 (2,087) 14 (20) 136 (7) 2 8 113 6 5 (7) 108 20 11 278 307 11 15 316 (9) 3 342 (2) 423 169 131 182 240 191 196 95 (102) 152 215 97 1.2 (2.5) 150.4 287 85.1 (432.1) 44.5 1,277.4 678.7 926.1 1,986.6 56.4 452.8 1,166.5 (351.1) (2,373.2) 149.4 (25.8) 12.3 (12.6) (175.9) 85.8 65.1 (93.5) 63.8 58.1 15.8 0.7 4.1 8.1 (4.3) (0.6) 17.1 (31.6) (21) (233.3) (59.4) (92.9) (18) 2,441.8 14.4 (3) 85.2 1.2
Investing Cash Flow (884) (2,273) (1,022) (1,010) (1,170) (1,070) (773) (610) (2,436) (1,260) (343) (649) (1,639) (840) (883) (1,287) (357) (357) (408) (443) (257) (476) (412) (341) (329) (483) (920) (166) (1,258) 258 (1,314) (871) (798) (423) 1,566 (388) (122) (16) 346 (400) (346) (309.8) (376.1) (83.2) 123.2 312.5 (101.4) 106.8 1,062.1 428.6 461.4 1,544.8 (587.2) (129.6) 751.2 (1,094) (2,814) (805.9) (2,441.8) (405.9) (511.7) (2,640.9) (871.1) (777.9) (986.1) (422.3) (505.4) (723.4) (389) (354.5) (397.7) (285.1) (233.2) (305) (349.9) (200.9) (563.9) (331.1) (510.2) (401.1) 1,827.3 (170.2) (138) (9) (109.8)
Financing Activities
Net Debt Issuance 935 1,081 (1,028) 1,039 512 (207) 854 (635) 364 112 1,244 (6) 1,143 (509) 703 283 (1,253) 1,250 (877) (5) 892 (44) (568) 486 184 26 (20) (1,010) 858 (645) 947 (570) 988 (130) (2,396) 1,463 (1,623) (1,215) (655) 566 332 35.8 (5.2) (215.5) (1,508.7) (711.6) (1,126.8) (116.4) 154.3 (191) (583.8) 26 (1,049.4) 1,469 616.8 835 1,148.2 558.7 2,487.7 126.2 89.5 1,096.8 998.6 34.4 755.7 535.5 336.4 577.6 231.9 56.9 325.9 327.6 (85.5) 216.3 213.8 57.3 391.1 62.1 40.4 (6.2) (1,213.7) 503.4 198.3 (135.1) (18.9)
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 (56) (74) 0 (9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (15) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (16.3) (33.9) (0.1) 0 0 0 (0.8) 0 0 0 (307) 0 0 0
Dividends Paid (642) (610) (611) (611) (610) (579) (579) (579) (579) (544) (544) (545) (546) (518) (518) (517) (518) (498) (498) (498) (498) (485) (485) (486) (485) (460) (461) (461) (460) (412) (411) (282) (281) (248) (248) (248) (248) (150) (150) (481) (480) (48.4) (42.9) (28.5) (9.2) (6.4) (25) (4.5) (31.2) (12.4) (24.8) (19.1) (120.4) (117.5) (162.6) (92.6) (65.5) (66.7) (66.5) (66.3) (66.3) (65.3) (66.3) (65.8) (66.3) (65.6) (65.9) (65.3) (64.6) (50.2) (52.2) (51.8) (52.5) (43.6) (38.3) (38.3) (38.2) (30.7) (31.2) (31) (26.2) (40.4) (24) (24.1) (24)
Other Financing Activities (133) 219 385 (65) (130) (66) (41) (67) (71) (43) (72) (48) (76) (57) (62) (59) (64) (71) (41) (36) (71) (37) (50) (69) (52) (32) (20) 1,331 (46) (37) (205) (186) (220) (192) (242) (213) (266) (109) (243) (386) (231) (21.1) 13.9 14.8 (93.1) (21.6) 157 (10.9) (22.7) (362.9) 2 (425.3) 739.8 (101.3) (1,353) (84.1) 1,145 500.2 198.8 11 (10.2) 151.1 (14.7) 4.5 4.8 185 94.9 10.5 20 (17.8) (18.6) (1.1) (50) (3) 1.7 (2.4) (2.6) (8.9) 2.9 16.2 (191.9) (14.5) 14.3 9.7 9.9
Financing Cash Flow 168 690 (1,250) 363 (223) (850) 237 (1,281) (281) (477) 632 (654) 450 (1,086) 119 (282) (1,798) 684 (1,413) (539) 326 (566) (1,103) (69) (347) (466) (497) (140) 358 (1,094) 335 (1,037) 497 (569) (2,881) 1,005 (15) (1,474) (1,046) (301) (373) 84.1 (25.6) 58.8 (1,603.9) (734.8) (1,086.6) (131.5) 100.4 (566.3) (482.2) (562.6) (480.3) 1,541.7 (697.3) 674.7 2,246.1 1,006.2 2,651.2 89.1 42.1 2,659.1 925.8 15.8 776.3 665.9 369.7 544.1 228.9 36.7 247 236.4 (203.2) 181.2 149.3 27.1 376.6 81 12.5 (21) (1,431.8) 142.9 88 (166.7) (33)
Cash Position
Net Change in Cash 887 (7) (833) 803 40 (702) 707 (612) (1,483) 76 1,523 74 325 (707) 726 (471) (1,076) 1,466 (987) 75 984 72 (1,063) 733 111 42 (559) 763 (125) 126 (233) (1,017) 393 (273) (746) 1,279 469 93 (58) (29) 64 63.3 87.2 280 (968.4) (319.5) (1,112.7) 201.2 1,728.1 (234.4) 443.3 519.4 (929.7) 401.9 887.2 (600.7) 776.8 183.2 600.1 (198.7) (465.9) 804.1 87.8 (130) (173.2) 411.7 (43.9) (37.7) 51.1 (12.7) (49.6) 64 (35.7) 74.8 (25) (22.1) (2.8) 26.8 (319.3) (232.1) 578.9 8.1 (1.4) (15.2) (19.7)
Cash at Beginning 63 70 903 100 60 762 55 667 2,150 2,074 551 477 152 859 133 604 1,680 214 1,201 1,126 142 70 1,133 400 289 247 806 43 168 42 275 1,292 899 1,172 1,918 639 170 77 135 164 100 1,297.2 1,210 930 1,998.7 2,318.2 3,430.9 3,229.7 1,501.6 1,736 1,292.7 773.3 1,703 1,301.1 413.9 1,014.6 237.8 1,027.5 427.4 626.1 1,092 287.9 200.1 330.1 503.3 91.6 135.5 173.2 122.1 94 143.6 79.6 115.3 40.5 65.5 87.6 90.4 63.6 382.9 615 36.1 28 29.4 44.6 64.3
Cash at End 950 63 70 903 100 60 762 55 667 2,150 2,074 551 477 152 859 133 604 1,680 214 1,201 1,126 142 70 1,133 400 289 247 806 43 168 42 275 1,292 899 1,172 1,918 639 170 77 135 164 1,360.5 1,297.2 1,210 1,030.3 1,998.7 2,318.2 3,430.9 3,229.7 1,501.6 1,736 1,292.7 773.3 1,703 1,301.1 413.9 1,014.6 1,210.7 1,027.5 427.4 626.1 1,092 287.9 200.1 330.1 503.3 91.6 135.5 173.2 81.3 94 143.6 79.6 115.3 40.5 65.5 87.6 90.4 63.6 382.9 615 36.1 28 29.4 44.6
Free Cash Flow 244 (485) 485 478 421 418 561 700 690 1,124 532 753 962 402 641 778 785 849 567 628 654 807 113 823 478 579 55 561 349 360 (25) (41) (264) 6 (88) 105 93 1,108 110 129 266 (80.3) 195.2 81.5 311.1 (25) (147.3) (56.2) 357.9 (341.1) 23.8 (910.7) (366.4) (1,441.6) 122 (738.5) 786.5 (1,171) (1,186.4) (1,103.7) (936.6) (656) (869.9) (159.6) (339.9) (195.6) (417.4) (318.8) (163.7) (45.7) (292.7) (149.2) 245.1 (92.1) (78.8) (6.5) 68.9 47 (69.7) (23.6) 47.5 (139.8) (84.5) 66.3 57.3
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 3,030 3,198 2,923 2,770 3,048 2,743 2,653 2,336 2,771 2,784 2,559 2,483 3,081 2,930 3,021 2,490 2,524 3,257 2,475 2,283 2,612 2,092 1,933 1,781 1,913 2,107 1,999 2,041 2,054 2,204 2,303 2,091 2,088 2,228 1,891 1,924 1,988 2,198 1,905 1,736 1,660 2,006 1,799 1,839 1,716 2,141 2,069 1,678 1,749 1,660 1,623 1,767 1,810 1,869 1,752 1,846 2,019 (17) 1,972 1,984 1,871 2,424 2,300 2,289 2,591 2,326 2,098 1,909 1,922 2,132 3,201 3,729 3,204 2,506.2 2,860 2,824 2,368 2,770.3 2,511.8 2,219.9 3,027.5 3,676.1 3,082.3 2,871.2 2,954 2,974.3 3,375.2 3,051.9 3,070 3,549.2 3,763.8 (909.8) 747.1 2,315.7 2,921.3 3,057.7 2,252.4 2,858.8 2,349.7 1,899.3
Gross Profit 2,487 1,498 2,452 1,055 1,820 1,556 1,563 1,355 1,692 1,807 1,523 1,503 1,968 1,717 1,502 1,087 1,193 1,510 917 1,105 1,221 1,139 1,106 1,065 1,075 1,127 1,111 1,110 1,073 1,055 1,058 995 1,009 1,120 954 954 967 1,216 1,009 889 897 1,158 941 917 827 1,046 893 740 766 725 706 768 819 1,544 785 765 894 304 580 586 562 636 552 572 674 618 561 517 478 0 857 0 851 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income 1,321 1,307 1,109 887 1,094 793 838 696 1,012 1,087 994 870 1,360 1,072 820 472 654 937 355 600 739 518 641 612 431 234 628 498 561 (634) 501 410 491 (187) 274 378 430 581 345 (488) 262 (749) 356 392 227 531 307 311 420 263 336 350 426 380 373 332 527 346 457 460 439 442 (1,290) 416 479 456 394 351 280 404 689 809 815 491.1 491 501 383 186.2 320.8 148.5 358.3 366 122.7 281.4 462.2 288.7 250.7 182.5 261.6 250.4 681.4 330.6 (208.4) 228.8 580.6 795.5 687.1 327.6 608.4 386
Net Income 912 734 647 546 691 486 706 401 632 1,138 654 460 927 669 600 400 380 622 165 304 426 116 309 303 (517) 124 221 310 195 (571) 129 135 152 1,687 33 81 373 (15) 61 (405) (65) (715) (40) 114 70 193 1,678 103 140 (189) 141 142 161 149 203 132 495 (444) 272 227 321 174 (1,263) 185 (193) 172 143 142 (172) 115 366 437 500 224.9 198 433 134 146.4 106.2 (76) 131.9 66.8 4.4 41.3 201.1 73.4 98.6 (18.2) 9.9 (53.7) 269.7 (219.2) (349.1) (1,237.7) 339.5 199.2 (48.3) 121.1 351.8 99.7
EPS (Diluted) 0.71 0.60 0.53 0.45 0.57 0.40 0.58 0.33 0.52 0.93 0.54 0.38 0.76 0.55 0.49 0.33 0.31 0.52 0.13 0.25 0.35 0.09 0.25 0.25 -0.43 0.10 0.18 0.26 0.16 -0.47 0.13 0.16 0.18 2.03 0.04 0.10 0.45 -0.02 0.08 -0.54 -0.09 -0.93 -0.05 0.15 0.09 0.26 2.22 0.15 0.20 -0.02 0.29 0.21 0.23 0.22 0.25 0.21 0.70 -0.74 0.46 0.38 0.54 0.29 -2.16 0.31 -0.33 0.29 0.24 0.24 -0.30 0.20 0.62 0.73 0.84 0.38 0.33 0.71 0.22 0.24 0.18 -0.13 0.22 0.11 0.01 0.07 0.34 0.12 0.19 -0.03 0.02 -0.10 0.46 -0.42 -0.67 -2.37 0.70 0.41 -0.10 0.27 0.78 0.22
Balance Sheet
Cash & Equivalents 950 63 70 903 100 60 762 55 667 2,150 2,074 551 477 152 859 133 604 1,680 214 1,201 1,126 142 70 1,133 400 289 247 806 43 168 42 275 1,292 899 1,172 1,918 639 170 77 135 164 1,601 1,644 1,867 1,853 1,786 1,551.5 1,030.3 1,997.8 2,315.7 3,283.6 1,501.1 1,728.3 1,292.7 413.9 1,014.6 237.8 1,210.7 1,027.5 427.4 626.1 1,092 287.9 200.1 330.1 503.3 91.6 135.5 173.2 81.3 94 143.6 79.6 115.3 40.5 65.5 87.6 90.4 63.6 382.9 615 36.1 28 29.4 44.6
Total Assets 59,569 58,573 55,736 56,141 54,924 54,532 53,837 52,409 52,747 52,627 50,788 49,025 48,936 48,433 48,672 47,555 46,049 47,612 45,985 45,507 45,262 44,165 44,320 45,343 44,629 46,040 46,281 46,509 45,970 45,302 47,153 46,374 47,052 46,352 46,120 48,770 47,512 46,835 47,288 48,124 48,807 24,947 25,129 25,280 25,026 25,368 25,836.7 26,168.4 27,790.2 27,021.8 33,853 35,442.3 34,988.5 35,867.7 38,213.1 33,625.7 36,492.6 40,197 32,228.3 28,397.1 25,799.9 25,288.5 21,367.6 20,012.5 19,172.2 18,647.3 17,733.9 17,572 16,413.3 13,879 13,253.7 12,748.4 12,107.8 12,418.8 11,793.9 11,580.4 11,513.4 10,494.8 10,099 9,880.6 10,158.7 5,226.1 4,907.3 5,012.9 5,054.8
Total Debt 30,302 29,361 27,987 28,572 27,411 26,937 27,109 26,262 26,887 26,462 25,651 24,409 24,412 22,904 23,407 22,715 22,426 23,675 22,362 23,234 23,234 22,344 22,383 22,949 22,476 22,288 22,257 22,274 23,278 22,414 22,265 21,315 21,880 20,935 21,069 23,276 21,825 23,502 24,719 25,376 24,812 8,518 8,625 8,276 8,278 8,442 7,890.2 9,759.6 11,268.2 11,979.5 13,026 13,763.2 13,914 14,615.6 11,277.8 10,121.4 8,949.5 14,052.4 13,482.3 10,991.1 10,877.9 10,810.1 9,601 8,594.7 8,568 7,809.7 7,266.1 6,934.6 6,363.4 5,299.4 5,241 4,963.5 4,529.9 4,706 4,491.7 4,278.9 4,223.6 3,193.9 3,139.4 3,027.6 3,035.5 2,197.8 1,711.5 1,513.1 1,906.1
Stockholders' Equity 12,992 12,807 12,520 12,438 12,487 12,436 12,428 12,296 12,449 12,402 11,845 11,679 11,785 11,485 11,319 11,226 11,316 11,423 11,198 11,512 11,702 11,769 12,065 12,212 12,354 13,363 13,621 13,848 14,406 14,660 15,610 9,345 9,473 9,656 8,109 8,306 8,444 4,643 4,860 4,830 5,691 7,633 7,573 8,447 8,324 8,326 6,455.6 3,998.9 4,034.1 4,102.1 4,001.5 4,152.9 5,049 5,369 7,455 5,901.6 7,065.1 5,892 6,195.4 5,992.4 5,706.9 5,585.2 4,230.4 4,332.5 4,330.5 4,257.4 4,321.6 4,368 4,346.6 4,232.6 3,528.5 3,587.3 3,513.9 3,421 3,344.1 3,336.6 3,282.5 3,187.1 3,081.5 3,113.5 2,567.6 1,505.5 1,747.8 1,816.7 1,762.9
Cash Flow
Operating Cash Flow 1,603 1,576 1,439 1,450 1,433 1,218 1,243 1,279 1,234 1,813 1,234 1,377 1,514 1,219 1,490 1,098 1,082 1,139 834 1,057 915 1,114 452 1,143 787 991 858 1,069 775 962 746 891 694 719 569 662 606 1,582 618 685 779 289 488.9 304.4 512.3 102.8 75.3 225.9 565.6 (96.7) 464.1 (462.8) 137.8 (1,010.2) 736.8 (181.4) 1,227.3 (6.7) 390.7 118.1 3.7 785.9 33.1 632.1 36.6 168.1 91.8 141.6 211.2 305.1 101.1 112.7 400.7 198.6 175.6 151.7 184.5 276.9 178.4 190 183.4 35.4 48.6 160.5 123.1
Capital Expenditure (1,359) (2,061) (954) (972) (1,012) (800) (682) (579) (544) (689) (702) (624) (552) (817) (849) (320) (297) (290) (267) (429) (261) (307) (339) (320) (309) (412) (803) (508) (426) (602) (771) (932) (958) (713) (657) (557) (513) (474) (508) (556) (513) (369.3) (293.7) (222.9) (201.2) (127.8) (222.6) (282.1) (207.7) (244.4) (440.3) (447.9) (504.2) (431.4) (614.8) (557.1) (440.8) (1,164.3) (1,577.1) (1,221.8) (940.3) (1,441.9) (903) (791.7) (376.5) (363.7) (509.2) (460.4) (374.9) (350.8) (393.8) (261.9) (155.6) (290.7) (254.4) (158.2) (115.6) (229.9) (248.1) (213.6) (135.9) (175.2) (133.1) (94.2) (65.8)
Free Cash Flow 244 (485) 485 478 421 418 561 700 690 1,124 532 753 962 402 641 778 785 849 567 628 654 807 113 823 478 579 55 561 349 360 (25) (41) (264) 6 (88) 105 93 1,108 110 129 266 (80.3) 195.2 81.5 311.1 (25) (147.3) (56.2) 357.9 (341.1) 23.8 (910.7) (366.4) (1,441.6) 122 (738.5) 786.5 (1,171) (1,186.4) (1,103.7) (936.6) (656) (869.9) (159.6) (339.9) (195.6) (417.4) (318.8) (163.7) (45.7) (292.7) (149.2) 245.1 (92.1) (78.8) (6.5) 68.9 47 (69.7) (23.6) 47.5 (139.8) (84.5) 66.3 57.3