Air Products & Chemicals, Inc. (APD)
Operating globally, Air Products and Chemicals, Inc. (APD) is a prominent supplier of industrial gases, specialized equipment, and associated services. The company's diverse product range includes atmospheric gases such as oxygen, nitrogen, and argon, as well as various process gases like hydrogen, helium, carbon dioxide, carbon monoxide, and syngas. They also provide a selection of specialty gases. APD is involved in the fabrication of crucial machinery for gas production and handling, including air separation units and non-cryogenic generators. These products and services cater to a broad spectrum of industries, including but not limited to refining, chemical processing, gasification, metals production, general manufacturing, food and beverage, electronics, medical imaging, and energy generation. Moreover, the company's capabilities extend to designing and manufacturing advanced systems for air separation, hydrocarbon recovery and purification, the liquefaction of natural gas, and the secure transportation and storage of liquid helium and hydrogen. APD also engages in a strategic partnership with Baker Hughes Company to further innovate hydrogen compression systems. The firm was established in 1940 and is based in Allentown, Pennsylvania.
Sector: Industrial Inorganic Chemicals
Industry: Chemicals - Specialty
Air Products and Chemicals, Inc.
NYSE:APDBasic Materials · Chemicals - Specialty
-0.35%$307.15
AH Close$307.15+0.00%vs close
AH Close$307.15+0.00%vs close
Mkt Cap$68.4B
Float218.56M
O/S222.69M
Inst Own90.0%
SI2.3%
Div Yield2.35%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$12.04B
Net Income-$394.5M
Total Assets$41.06B
Free Cash Flow-$3.77B
Debt & Equity
Debt 55%
Equity 45%
Total Debt$18.41B
Total Equity$15.02B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in APD's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$41.06B
Liabilities$23.71B
Accounts Receivable$2.51B
Accounts Payable$1.44B
Inventory$776.5M
PP&E (Net)$26.28B
Goodwill$963.9M
Intangible Assets$293.5M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 | FY 1987 | FY 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 | 2005-09-30 | 2004-09-30 | 2003-09-30 | 2002-09-30 | 2001-09-30 | 2000-09-30 | 1999-09-30 | 1998-09-30 | 1997-09-30 | 1996-09-30 | 1995-09-30 | 1994-09-30 | 1993-09-30 | 1992-09-30 | 1991-09-30 | 1990-09-30 | 1989-09-30 | 1988-09-30 | 1987-09-30 | 1986-09-30 |
| Revenue | $12.04B | $12.1B | $12.6B | $12.7B | $10.32B | $8.86B | $8.92B | $8.93B | $8.19B | $7.5B | $7.82B | $10.44B | $10.18B | $9.61B | $10.08B | $9.03B | $8.26B | $10.41B | $9.15B | $8.85B | $8.14B | $7.41B | $6.3B | $5.4B | $5.72B | $5.47B | $5.02B | $4.92B | $4.64B | $4.01B | $3.87B | $3.49B | $3.33B | $3.22B | $2.93B | $2.89B | $2.64B | $2.43B | $2.13B | $1.98B |
| YoY Growth | -0.5% | -4.0% | -0.8% | 23.0% | 16.6% | -0.7% | -0.1% | 9.1% | 9.1% | -4.1% | -25.0% | 2.5% | 5.9% | -4.7% | 11.7% | 9.3% | -20.7% | 13.8% | 3.4% | 8.7% | 9.9% | 17.7% | 16.6% | -5.5% | 4.6% | 8.9% | 2.1% | 6.1% | 15.7% | 3.7% | 10.9% | 4.7% | 3.4% | 9.8% | 1.3% | 9.6% | 8.6% | 14.1% | 7.6% | - |
| Cost of Revenue | $8.26B | $8.17B | $8.83B | $9.34B | $7.19B | $5.86B | $5.98B | $6.19B | $5.75B | $5.18B | $5.6B | $7.63B | $7.47B | $7.05B | $7.32B | $6.5B | $6.04B | $7.69B | $6.7B | $6.56B | $6.01B | $5.46B | $4.61B | $3.83B | $4.1B | $3.83B | $3.5B | $2.83B | $2.74B | $2.41B | $2.32B | $2.11B | $1.68B | $1.6B | $1.44B | $1.47B | $1.32B | $1.19B | $1.03B | $917.3M |
| Gross Profit | $3.78B | $3.93B | $3.77B | $3.36B | $3.14B | $3B | $2.94B | $2.74B | $2.43B | $2.33B | $2.23B | $2.81B | $2.71B | $2.56B | $2.77B | $2.52B | $2.21B | $2.72B | $2.45B | $2.29B | $2.13B | $1.95B | $1.68B | $1.57B | $1.61B | $1.64B | $1.52B | $2.09B | $1.9B | $1.6B | $1.55B | $1.37B | $1.64B | $1.62B | $1.5B | $1.42B | $1.32B | $1.24B | $1.1B | $1.06B |
| Gross Margin | 31.4% | 32.5% | 29.9% | 26.5% | 30.4% | 33.9% | 33.0% | 30.7% | 29.7% | 31.0% | 28.5% | 26.9% | 26.6% | 26.6% | 27.4% | 28.0% | 26.8% | 26.1% | 26.8% | 25.9% | 26.2% | 26.3% | 26.7% | 29.1% | 28.2% | 30.0% | 30.3% | 42.5% | 41.0% | 39.9% | 40.1% | 39.4% | 49.4% | 50.4% | 51.0% | 49.2% | 50.0% | 50.9% | 51.6% | 53.7% |
| Research and Development | $96.3M | $100.2M | $105.6M | $102.9M | $93.5M | $83.9M | $72.9M | $64.5M | $57.8M | $71.6M | $76.4M | $141.4M | $133.7M | $126.4M | $118.8M | $114.7M | $116.3M | $130.7M | $129M | $151.4M | $132.7M | $126.7M | $121.1M | $120.6M | $122.5M | $124.4M | $123.1M | $112M | $113.7M | $114M | $103M | $97.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $906.1M | $942.4M | $957M | $900.6M | $828.4M | $742.1M | $750M | $760.8M | $713.5M | $683.8M | $792.3M | $1.05B | $1.09B | $946.8M | $1.01B | $962M | $1.27B | $1.12B | $999.8M | $1.07B | $1.01B | $956.2M | $832.6M | $715.1M | $752.1M | $714.7M | $690.6M | $659.8M | $627.6M | $920M | $869M | $788.8M | $956.3M | $808.9M | $766.6M | $730.5M | $681.4M | $617.2M | $546.7M | $579.6M |
| Other | $3.66B | -$1.58B | $209.8M | $17.8M | -$52.8M | -$65.4M | -$23.9M | -$50.2M | $224.8M | $35.9M | $124.2M | $273.9M | $161.4M | $204.2M | $11.3M | -$12.1M | -$23M | -$25.8M | -$55.1M | $4.8M | -$16.6M | -$32.1M | $136M | -$37.1M | -$5.5M | -$28.4M | -$19.7M | $489.4M | $459.1M | -$25M | -$26M | $1.5M | $345.7M | $340.2M | $319.1M | $303.2M | $281.2M | $257.6M | $243M | $228.8M |
| Total Operating Expenses | $4.66B | -$534.2M | $1.27B | $1.02B | $869.1M | $760.6M | $799M | $775.1M | $996.1M | $791.3M | $992.9M | $1.47B | $1.38B | $1.28B | $1.14B | $1.06B | $1.37B | $1.23B | $1.07B | $1.23B | $1.13B | $1.05B | $1.09B | $798.6M | $869.1M | $810.7M | $794M | $1.26B | $1.2B | $1.01B | $946M | $887.7M | $1.3B | $1.15B | $1.09B | $1.03B | $962.6M | $874.8M | $789.7M | $808.4M |
| Operating Income (EBIT) | -$877M | $4.47B | $2.49B | $2.34B | $2.28B | $2.24B | $2.14B | $1.97B | $1.44B | $1.54B | $1.23B | $1.34B | $1.32B | $1.28B | $1.62B | $1.39B | $846.3M | $1.5B | $1.38B | $1.06B | $995.5M | $879.6M | $594.5M | $761.1M | $745.4M | $830.8M | $705M | $830.2M | $701.2M | $591M | $576.4M | $486.1M | $341.5M | $471.7M | $409.5M | $389.1M | $359.5M | $363.2M | $310M | $256.4M |
| Operating Margin | -7.3% | 36.9% | 19.8% | 18.4% | 22.1% | 25.3% | 24.0% | 22.0% | 17.6% | 20.5% | 15.8% | 12.8% | 13.0% | 13.3% | 16.1% | 15.4% | 10.3% | 14.4% | 15.0% | 11.9% | 12.2% | 11.9% | 9.4% | 14.1% | 13.0% | 15.2% | 14.0% | 16.9% | 15.1% | 14.7% | 14.9% | 13.9% | 10.3% | 14.7% | 14.0% | 13.4% | 13.6% | 14.9% | 14.5% | 12.9% |
| Interest Expense | $214M | $218.8M | $177.5M | $128M | $141.8M | $109.3M | $137M | $130.5M | $120.6M | $115.2M | $102.8M | $125.1M | $141.8M | $123.7M | $115.5M | $121.9M | $121.9M | $162M | $163.2M | $119.3M | $110M | $121M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.1M | $4.2M | $9.4M | $6.4M | $5.4M | $5.7M | $3.4M | $0 | $0 | $8.8M | $9M | $15.4M | $3.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $436.3M | $355.1M | $387.8M | $415.9M | $226M | $186.2M | $145.1M | $49.4M | -$23.9M | $19.5M | $32.9M | $26.3M | $26M | $30.1M | $33M | $5M | -$9.7M | -$17M | -$48M | -$11.6M | -$4.6M | -$28.2M | -$29.1M | $23.4M | -$84.2M | -$712.7M | -$51.1M | -$6.5M | -$70.8M | $18.6M | -$23.6M | -$160.8M | -$40.7M | -$64.7M | -$46.9M | -$52.3M | -$38M | -$59.6M | -$67.1M | -$248.8M |
| Income Before Tax (EBT) | -$440.7M | $4.82B | $2.88B | $2.75B | $2.51B | $2.42B | $2.29B | $2.02B | $1.42B | $1.55B | $1.27B | $1.37B | $1.35B | $1.31B | $1.66B | $1.39B | $836.6M | $1.48B | $1.38B | $1.04B | $990.9M | $851.4M | $565.4M | $784.5M | $661.2M | $118.1M | $653.9M | $823.7M | $630.4M | $609M | $553M | $325.3M | $300.8M | $407M | $362.6M | $336.8M | $321.5M | $303.6M | $242.9M | $7.6M |
| Income Tax Expense | -$94.3M | $944.9M | $551.2M | $500.8M | $462.8M | $478.4M | $480.1M | $524.3M | $260.9M | $432.6M | $300.2M | $369.4M | $307.9M | $287.3M | $408.4M | $339.5M | $185.3M | $365.3M | $301.2M | $269.1M | $260.7M | $226.6M | $147.2M | $240.8M | $190.5M | -$13.7M | $203.4M | $276.9M | $201.1M | $193M | $185M | $91.8M | $99.9M | $130M | $113.7M | $106.9M | $99.4M | $89.9M | $83.2M | $2.9M |
| Net Income | -$394.5M | $3.83B | $2.3B | $2.26B | $2.1B | $1.89B | $1.76B | $1.5B | $3B | $631.1M | $1.28B | $991.7M | $994.2M | $1.17B | $1.22B | $1.03B | $631.3M | $909.7M | $1.04B | $723.4M | $711.7M | $604.1M | $397.3M | $525.4M | $465.6M | $124.2M | $450.5M | $546.8M | $429.3M | $416M | $368M | $247.8M | $200.9M | $271M | $248.9M | $229.9M | $222.1M | $213.7M | $159.7M | $4.7M |
| Net Income Margin | -3.3% | 31.6% | 18.3% | 17.8% | 20.3% | 21.3% | 19.7% | 16.8% | 36.6% | 8.4% | 16.3% | 9.5% | 9.8% | 12.1% | 12.1% | 11.4% | 7.6% | 8.7% | 11.3% | 8.2% | 8.7% | 8.2% | 6.3% | 9.7% | 8.1% | 2.3% | 9.0% | 11.1% | 9.3% | 10.4% | 9.5% | 7.1% | 6.0% | 8.4% | 8.5% | 7.9% | 8.4% | 8.8% | 7.5% | 0.2% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | -1.77 | 17.21 | 10.31 | 10.11 | 9.16 | 8.59 | 7.99 | 6.83 | 13.76 | 2.92 | 5.95 | 4.66 | 4.74 | 5.53 | 5.75 | 4.85 | 3.01 | 4.29 | 4.79 | 3.26 | 3.15 | 2.70 | 1.81 | 2.42 | 2.17 | 0.58 | 2.12 | 2.54 | 1.95 | 1.86 | 1.65 | 1.09 | 0.88 | 1.20 | 1.11 | 1.04 | 1.01 | 0.98 | 0.71 | 0.02 |
| Diluted EPS | -1.77 | 17.18 | 10.30 | 10.08 | 9.12 | 8.55 | 7.94 | 6.78 | 13.65 | 2.89 | 5.88 | 4.61 | 4.68 | 5.44 | 5.63 | 4.74 | 2.96 | 4.15 | 4.64 | 3.18 | 3.08 | 2.64 | 1.78 | 2.36 | 2.12 | 0.57 | 2.09 | 2.48 | 1.91 | 1.83 | 1.65 | 1.07 | 0.87 | 1.17 | 1.09 | 1.02 | 0.99 | 0.98 | 0.71 | 0.02 |
| Weighted Average OS | 222.80M | 222.50M | 222.30M | 222.00M | 221.60M | 221.20M | 220.30M | 219.30M | 218.00M | 216.40M | 214.90M | 212.70M | 209.70M | 211.20M | 213.00M | 212.20M | 209.90M | 212.20M | 216.20M | 221.70M | 225.70M | 223.80M | 220.00M | 217.00M | 214.80M | 213.00M | 212.20M | 215.50M | 220.15M | 223.87M | 223.15M | 227.20M | 228.29M | 225.83M | 224.23M | 221.06M | 219.90M | 218.06M | 224.93M | 235.00M |
| EBITDA | $1.34B | $6.49B | $4.42B | $4.22B | $3.97B | $3.72B | $3.51B | $3.12B | $2.4B | $2.52B | $2.23B | $2.44B | $2.4B | $2.28B | $2.66B | $2.38B | $1.8B | $2.51B | $2.22B | $1.81B | $1.7B | $1.69B | $1.25B | $1.35B | $1.32B | $1.41B | $1.23B | $1.32B | $1.16B | $977.7M | $958.6M | $838.9M | $687.2M | $811.9M | $728.6M | $692.3M | $640.7M | $620.8M | $553M | $485.2M |
| EBITDA Margin | 11.1% | 53.6% | 35.1% | 33.2% | 38.5% | 42.0% | 39.3% | 34.9% | 29.3% | 33.6% | 28.5% | 23.3% | 23.6% | 23.7% | 26.4% | 26.4% | 21.8% | 24.1% | 24.2% | 20.5% | 20.9% | 22.8% | 19.8% | 25.0% | 23.1% | 25.7% | 24.5% | 26.8% | 25.0% | 24.4% | 24.8% | 24.1% | 20.7% | 25.2% | 24.9% | 23.9% | 24.3% | 25.5% | 25.9% | 24.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 | FY 1987 | FY 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 | 2005-09-30 | 2004-09-30 | 2003-09-30 | 2002-09-30 | 2001-09-30 | 2000-09-30 | 1999-09-30 | 1998-09-30 | 1997-09-30 | 1996-09-30 | 1995-09-30 | 1994-09-30 | 1993-09-30 | 1992-09-30 | 1991-09-30 | 1990-09-30 | 1989-09-30 | 1988-09-30 | 1987-09-30 | 1986-09-30 |
| Assets | ||||||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.86B | $2.98B | $1.62B | $2.71B | $4.47B | $5.25B | $2.25B | $2.79B | $3.27B | $1.29B | $206.4M | $336.6M | $450.4M | $454.4M | $422.5M | $374.3M | $488.2M | $103.5M | $42.3M | $35.2M | $55.8M | $146.3M | $76.2M | $253.7M | $66.2M | $94.1M | $61.6M | $61.5M | $52.5M | $79M | $87M | $99.9M | $238.4M | $116.8M | $104.4M | $74.4M | $49.5M | $36.2M | $96.6M | $116.7M |
| Short-Term Investments | $0 | $5M | $332.2M | $590.7M | $1.33B | $1.1B | $166M | $184.7M | $404M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.86B | $2.98B | $1.95B | $3.3B | $5.8B | $6.36B | $2.41B | $2.98B | $3.68B | $1.29B | $206.4M | $336.6M | $450.4M | $454.4M | $422.5M | $374.3M | $488.2M | $103.5M | $40.5M | $35.2M | $55.8M | $146.3M | $76.2M | $253.7M | $66.2M | $94.1M | $61.6M | $61.5M | $52.5M | $79M | $87M | $99.9M | $238.4M | $116.8M | $104.4M | $74.4M | $49.5M | $36.2M | $96.6M | $116.7M |
| Accounts Receivable | $2.51B | $2.17B | $2.16B | $2.04B | $1.66B | $1.42B | $1.42B | $1.38B | $1.54B | $1.48B | $1.77B | $1.91B | $1.97B | $1.92B | $1.64B | $1.85B | $1.77B | $1.92B | $1.82B | $2B | $1.72B | $1.53B | $1.27B | $1.05B | $981.3M | $1.08B | $974.5M | $975.2M | $1B | $670M | $625M | $662M | $576.7M | $495.5M | $421.3M | $437.3M | $377.3M | $344.7M | $289.9M | $375.6M |
| Inventory | $776.5M | $766M | $651.8M | $514.2M | $453.9M | $404.8M | $388.3M | $396.1M | $335.4M | $255M | $657.8M | $706M | $706.1M | $786.6M | $681.4M | $571.6M | $509.6M | $655.7M | $486.6M | $492.3M | $535.9M | $505.9M | $483.1M | $392.6M | $410.5M | $388.8M | $424.9M | $428.6M | $386.5M | $371M | $458M | $292.4M | $293.6M | $254.4M | $227.3M | $210.6M | $215.1M | $206.2M | $154.8M | $171.2M |
| Other Current Assets | $504.8M | $264.2M | $259.8M | $274.8M | $347.1M | $340.3M | $322.5M | $203.7M | $132.2M | $1.19B | $93.2M | $255.2M | $193.6M | $170M | $365.9M | $163.6M | $132.3M | $56.6M | $404.5M | $32.2M | $54.3M | $238.7M | $237.3M | $214M | $226.8M | $246M | $321.4M | $176.4M | $184.4M | $255M | $162M | $123.4M | $87.6M | $131.4M | $148.2M | $115M | $114.9M | $39.2M | $36.6M | $41M |
| Total Current Assets | $5.83B | $6.36B | $5.2B | $6.28B | $8.38B | $8.68B | $4.62B | $5.08B | $5.88B | $4.32B | $2.79B | $3.29B | $3.44B | $3.42B | $3.19B | $3.03B | $3B | $2.85B | $2.86B | $2.61B | $2.41B | $2.42B | $2.07B | $1.91B | $1.68B | $1.8B | $1.78B | $1.64B | $1.62B | $1.38B | $1.33B | $1.18B | $1.2B | $998.1M | $901.2M | $837.3M | $756.8M | $626.3M | $577.9M | $704.5M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $26.28B | $24.42B | $18.45B | $14.86B | $13.82B | $12.34B | $10.34B | $9.92B | $8.44B | $8.26B | $8.75B | $9.53B | $8.97B | $8.24B | $7.41B | $7.05B | $6.86B | $6.61B | $6.77B | $6.11B | $5.78B | $5.7B | $5.64B | $5.38B | $5.12B | $5.26B | $5.19B | $4.79B | $4.44B | $3.96B | $3.5B | $2.99B | $2.71B | $2.75B | $2.62B | $2.49B | $2.22B | $2.06B | $1.92B | $1.83B |
| Goodwill | $963.9M | $905.1M | $861.7M | $823M | $911.5M | $891.5M | $797.1M | $788.9M | $721.5M | $845.1M | $1.13B | $1.24B | $1.65B | $1.6B | $892.4M | $914.6M | $916M | $928.1M | $1.23B | $989.1M | $881.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $293.5M | $311.6M | $334.6M | $347.5M | $420.7M | $435.8M | $419.5M | $438.5M | $368.3M | $387.9M | $508.3M | $615.8M | $717.3M | $761.6M | $260.7M | $285.7M | $262.6M | $289.6M | $276.2M | $113M | $95.6M | $931.9M | $829.9M | $431.1M | $781.3M | $742.2M | $350.4M | $324.9M | $248.6M | $84M | $81M | $67.2M | $64.5M | $71.5M | $64.8M | $54.7M | $52.4M | $37.2M | $6.1M | $5.6M |
| Long-Term Investments | $5.38B | $4.79B | $4.68B | $3.42B | $1.65B | $1.43B | $1.28B | $1.28B | $1.29B | $1.28B | $1.27B | $1.26B | $1.2B | $1.18B | $1.01B | $912.8M | $868.1M | $822.6M | $1.26B | $1.11B | $917.6M | $629.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $127.9M | $127.8M | $159.6M | $135.7M | $100.2M | $115.1M | $115.2M | $121.4M | $174.5M | $185M | $82.7M | $56.6M | $53.1M | $73.7M | $123.6M | $335.1M | $357.9M | $71.1M | $47M | $0 | $33.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $2.18B | $2.66B | $2.32B | $1.33B | $1.58B | $1.27B | $1.38B | $1.55B | $1.6B | $2.75B | $2.79B | $1.78B | $1.82B | $1.68B | $1.4B | $973.9M | $767.1M | $997M | $221.9M | $243.5M | $288.5M | $359.6M | $897M | $776.8M | $499.5M | $466.6M | $909.8M | $736.9M | $930M | $1.1B | $901M | $798.7M | $795.1M | $676.3M | $638.9M | $522.4M | $338.9M | $274.4M | $197.2M | $166.5M |
| Total Long-Term Assets | $35.23B | $33.21B | $26.8B | $20.91B | $18.48B | $16.48B | $14.32B | $14.1B | $12.59B | $13.71B | $14.53B | $14.48B | $14.41B | $13.53B | $11.1B | $10.47B | $10.03B | $9.72B | $9.8B | $8.57B | $7.99B | $7.62B | $7.36B | $6.59B | $6.4B | $6.47B | $6.45B | $5.85B | $5.62B | $5.15B | $4.48B | $3.86B | $3.57B | $3.49B | $3.33B | $3.06B | $2.61B | $2.37B | $2.12B | $2B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 Assets | $41.06B | $39.57B | $32B | $27.19B | $26.86B | $25.17B | $18.94B | $19.18B | $18.47B | $18.03B | $17.33B | $17.78B | $17.85B | $16.94B | $14.29B | $13.49B | $13.03B | $12.57B | $12.66B | $11.18B | $10.41B | $10.04B | $9.43B | $8.49B | $8.08B | $8.27B | $8.24B | $7.49B | $7.24B | $6.52B | $5.82B | $5.04B | $4.76B | $4.49B | $4.23B | $3.9B | $3.37B | $3B | $2.7B | $2.71B |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $1.44B | $1.45B | $1.21B | $1.12B | $736.8M | $546.2M | $528.2M | $594.6M | $659.5M | $578.8M | $621.9M | $740.6M | $1.03B | $1B | $793.6M | $1.7B | $1.67B | $1.18B | $1.55B | $1.66B | $1.35B | $1.32B | $1.12B | $403.3M | $408.1M | $578.4M | $505.8M | $398M | $616.6M | $526.4M | $519M | $488.1M | $425.5M | $364.1M | $389.2M | $350.8M | $312.9M | $0 | $0 | $0 |
| Short-Term Debt | $842.8M | $694.9M | $874.5M | $559M | $486.9M | $477.7M | $98.6M | $460.9M | $560.4M | $1.3B | $1.93B | $1.29B | $1.22B | $707.7M | $634.7M | $468.5M | $785.9M | $451.4M | $694.4M | $569.6M | $447M | $280.1M | $342.1M | $344M | $450.2M | $429.2M | $880.6M | $423.2M | $176.4M | $456M | $487M | $321M | $234.6M | $120.8M | $190.4M | $103.4M | $46.6M | $97.6M | $51.6M | $33.6M |
| Current Income Tax Payable | $179.4M | $558.5M | $131.2M | $135.2M | $93.9M | $105.8M | $86.6M | $59.6M | $98.6M | $117.9M | $55.8M | $78M | $63M | $48.5M | $65.5M | $73.6M | $42.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $253.4M | $240M | $413M | $439.1M | $366.8M | $313.8M | $247.4M | $156.6M | $438.9M | $371.2M | $195.3M | $172.1M | $162.7M | $155M | $136M | -$1.63B | $1.52B | $997.4M | $90.2M | $0 | $0 | $0 | $271.3M | $426.6M | $0 | $357.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.1B | $55.9M | $875.5M | $861.6M | $789.3M | $687.8M | $656.9M | $831.1M | $521.9M | $507.7M | $396.9M | $130.9M | $55.5M | $67.3M | $168M | $1.18B | -$2.01B | -$837.5M | -$21.4M | $0 | $25.4M | $0 | -$271.3M | -$344.3M | $104.1M | -$347.2M | $64.4M | $111.6M | $15.9M | $39.6M | $56M | $38M | $213.9M | $234.4M | $204.9M | $168.8M | $135M | $419.1M | $381.8M | $438.3M |
| Total Current Liabilities | $4.22B | $4.18B | $3.9B | $3.47B | $2.8B | $2.42B | $1.82B | $2.34B | $2.49B | $3.28B | $3.65B | $2.96B | $3.23B | $2.69B | $2.34B | $2.24B | $2.5B | $2.21B | $2.42B | $2.32B | $1.94B | $1.71B | $1.58B | $1.26B | $1.35B | $1.37B | $1.86B | $1.27B | $1.12B | $1.26B | $1.31B | $1.08B | $874M | $719.3M | $784.5M | $623M | $494.5M | $516.7M | $433.4M | $471.9M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $16.95B | $13.53B | $9.43B | $7.09B | $7.15B | $7.43B | $3.23B | $3.35B | $3.4B | $3.91B | $3.95B | $4.82B | $5.06B | $4.58B | $3.93B | $3.66B | $3.72B | $3.52B | $2.98B | $2.28B | $2.05B | $2.11B | $2.17B | $2.04B | $2.03B | $2.62B | $1.96B | $2.27B | $2.29B | $1.74B | $1.19B | $922.5M | $1.02B | $956.2M | $944.6M | $953.9M | $853.7M | $667.9M | $616.4M | $700.2M |
| Long-Term Unearned Revenue | $283.6M | $290M | $136.9M | $67.2M | $58.4M | $57.9M | $49.2M | $58.2M | $39M | $43.8M | $135.1M | $57.6M | $31M | $32.7M | $0 | $0 | $1.52B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $579.6M | $1.16B | $1.27B | $1.25B | $1.18B | $962.6M | $793.8M | $775.1M | $778.4M | $710.4M | $803.4M | $995.5M | $827.2M | $670.8M | $570.1M | $335.1M | $357.9M | $626.6M | $712.5M | $833.1M | $834.5M | $788M | $747.2M | $725.6M | $778.4M | $781.8M | $731.1M | $703M | $730M | $582M | $478M | $423.5M | $489.1M | $502.4M | $476.9M | $451.5M | $416.9M | $397.3M | $374.4M | $318.5M |
| Other Long-Term Liabilities | $1.06B | $1.06B | $981.1M | $1.03B | $1.08B | $1.52B | $1.65B | $1.47B | $1.57B | $2.87B | $1.42B | $1.42B | $1.51B | $2.35B | $1.51B | $1.55B | $0 | $1.05B | $874.9M | $642M | $851.6M | $820.3M | $1.01B | $827.4M | $702M | $561.3M | $596.1M | $579.4M | $449.7M | $364M | $435M | $407.4M | $280.1M | $216M | $180.2M | $182.7M | $155.7M | $145.4M | $130.9M | $115M |
| Total Long-Term Liabilities | $19.49B | $16.72B | $12.45B | $10.02B | $9.97B | $10.31B | $5.73B | $5.66B | $5.79B | $7.53B | $6.31B | $7.29B | $7.42B | $7.64B | $6.01B | $5.55B | $5.6B | $5.19B | $4.56B | $3.76B | $3.74B | $3.72B | $3.92B | $3.59B | $3.51B | $3.96B | $3.29B | $3.56B | $3.47B | $2.69B | $2.11B | $1.75B | $1.79B | $1.67B | $1.6B | $1.59B | $1.43B | $1.21B | $1.12B | $1.13B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 Liabilities | $23.71B | $20.9B | $16.34B | $13.49B | $12.77B | $12.73B | $7.55B | $8B | $8.28B | $10.82B | $9.95B | $10.26B | $10.65B | $10.32B | $8.35B | $7.79B | $8.1B | $7.4B | $6.99B | $6.08B | $5.68B | $5.43B | $5.5B | $4.85B | $4.86B | $5.33B | $5.15B | $4.82B | $4.6B | $3.95B | $3.42B | $2.83B | $2.66B | $2.39B | $2.39B | $2.21B | $1.92B | $1.73B | $1.56B | $1.61B |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $300K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $249.4M | $124.7M | $125M | $125M | $124.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $17.56B | $19.55B | $17.29B | $16.52B | $15.68B | $14.88B | $14.14B | $13.41B | $12.85B | $10.48B | $10.58B | $9.99B | $9.65B | $9.23B | $8.6B | $7.85B | $7.23B | $6.99B | $6.46B | $5.74B | $5.32B | $4.89B | $4.52B | $4.31B | $3.97B | $3.67B | $3.7B | $3.4B | $2.99B | $2.69B | $2.39B | $2.13B | $1.99B | $1.9B | $1.72B | $1.55B | $1.4B | $1.25B | $1.09B | $988.2M |
| Comprehensive Income & Other | -$2.09B | -$2.03B | -$2.45B | -$2.79B | -$1.52B | -$2.14B | -$2.38B | -$1.74B | -$1.85B | -$2.39B | -$2.13B | -$1.24B | -$1.02B | -$1.35B | -$1.25B | -$1.16B | -$1.16B | -$549.3M | -$142.9M | -$226.1M | -$439.6M | -$182.6M | -$711.3M | -$771.1M | -$725.6M | -$756.6M | -$649.5M | -$654.3M | -$622.5M | -$488M | -$441M | -$473.6M | -$3.25B | -$3.04B | -$2.71B | -$2.53B | -$2.22B | -$2.02B | -$1.79B | $0 |
| Other Stockholders' Equity | -$2.78B | -$2.76B | -$3.23B | -$3.63B | -$2.39B | -$3.05B | -$3.33B | -$2.8B | -$3.01B | -$3.65B | -$3.58B | -$2.88B | -$2.85B | -$3.02B | -$3.05B | -$2.55B | -$2.69B | -$2.21B | -$1.21B | -$1.07B | -$1.02B | -$692.5M | -$983.5M | -$1.1B | -$1.11B | -$1.1B | -$989.6M | -$982.1M | -$466.8M | -$238M | -$115M | -$53M | $107.2M | $202.3M | $123.6M | $135.6M | $45.3M | $25.4M | $53.3M | $111.9M |
| Total Equity | $15.02B | $17.04B | $14.31B | $13.14B | $13.54B | $12.08B | $11.05B | $10.86B | $10.09B | $7.08B | $7.25B | $7.37B | $7.04B | $6.47B | $5.8B | $5.55B | $4.79B | $5.03B | $5.5B | $4.92B | $4.55B | $4.44B | $3.78B | $3.46B | $3.11B | $2.82B | $2.96B | $2.67B | $2.65B | $2.57B | $2.4B | $2.21B | $2.1B | $2.1B | $1.84B | $1.69B | $1.44B | $1.27B | $1.15B | $1.1B |
| Minority Interest | $2.32B | $1.64B | $1.35B | $558.4M | $548.3M | $363.3M | $334.7M | $318.8M | $99.3M | $133.8M | $132.1M | $155.6M | $156.8M | $146.1M | $142.9M | $150.7M | $138.1M | $136.2M | $177.3M | $178M | $181.1M | $168.9M | $188.1M | $184.4M | $118M | $115.5M | $127.3M | $8.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $38.73B | $37.94B | $30.66B | $26.63B | $26.31B | $24.81B | $18.61B | $18.86B | $18.37B | $17.89B | $17.2B | $17.62B | $17.69B | $16.79B | $14.15B | $13.34B | $12.89B | $12.44B | $12.48B | $11B | $10.23B | $9.87B | $9.29B | $8.31B | $7.97B | $8.15B | $8.11B | $7.49B | $7.24B | $6.52B | $5.82B | $5.04B | $4.76B | $4.49B | $4.23B | $3.9B | $3.37B | $3B | $2.7B | $2.71B |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $18.41B | $15.01B | $11.03B | $8.33B | $8.22B | $8.31B | $3.33B | $3.81B | $3.96B | $5.21B | $5.88B | $6.12B | $6.27B | $5.29B | $4.56B | $4.13B | $4.5B | $3.97B | $3.68B | $2.85B | $2.5B | $2.39B | $2.51B | $2.38B | $2.48B | $3.04B | $2.84B | $2.7B | $2.47B | $2.19B | $1.68B | $1.24B | $1.25B | $1.08B | $1.14B | $1.06B | $900.3M | $765.5M | $668M | $733.8M |
| Net Debt | $16.55B | $12.03B | $9.41B | $5.62B | $3.75B | $3.06B | $1.08B | $1.02B | $689.2M | $3.92B | $5.67B | $5.78B | $5.82B | $4.84B | $4.14B | $3.75B | $4.01B | $3.86B | $3.63B | $2.81B | $2.44B | $2.25B | $2.43B | $2.13B | $2.41B | $2.95B | $2.78B | $2.64B | $2.42B | $2.12B | $1.59B | $1.14B | $1.01B | $960.2M | $1.03B | $982.9M | $850.8M | $729.3M | $571.4M | $617.1M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 | 2009-09-30 | 2008-09-30 | 2007-09-30 | 2006-09-30 | 2005-09-30 | 2004-09-30 | 2003-09-30 | 2002-09-30 | 2001-09-30 | 2000-09-30 | 1999-09-30 | 1998-09-30 | 1997-09-30 | 1996-09-30 | 1995-09-30 | 1994-09-30 | 1993-09-30 | 1992-09-30 | 1991-09-30 | 1990-09-30 | 1989-09-30 |
| Operating Activities | |||||||||||||||||||||||||||||||||||||
| Net Income | $4.9M | $3.84B | $2.29B | $2.24B | $2.03B | $1.9B | $1.76B | $1.46B | $1.13B | $1.1B | $1.28B | $987.1M | $1B | $999.2M | $1.26B | $1.03B | $629.2M | $803.8M | $1.04B | $723.4M | $711.7M | $604.1M | $397.3M | $525.4M | $465.6M | $124.2M | $450.5M | $546.8M | $429.3M | $416M | $368M | $247.8M | $200.9M | $277M | $248.9M | $229.9M | $222.1M |
| Depreciation & Amortization | $1.56B | $1.45B | $1.36B | $1.34B | $1.32B | $1.19B | $1.08B | $970.7M | $865.8M | $854.6M | $858.5M | $956.9M | $907M | $840.8M | $873.9M | $863.4M | $840.3M | $869M | $840M | $756.9M | $706.3M | $714.9M | $654.8M | $591.1M | $573M | $575.7M | $527.2M | $489.4M | $459.1M | $412M | $382M | $352.8M | $345.7M | $340.2M | $319.1M | $303.2M | $281.2M |
| Deferred Income Tax | -$554.8M | -$69.3M | -$24.7M | $32.3M | $94M | $165M | $107M | $185.2M | -$38M | $61.8M | $2.9M | $125.5M | $12.8M | $6.9M | $185.7M | $110.2M | -$37M | $36.9M | $14M | $7.8M | $69M | $86.2M | $26.8M | $65.2M | $39M | -$5.5M | $58.8M | $62.3M | $94.1M | $87M | $66M | $9.4M | -$200K | $20M | $24.3M | $19.7M | $15.1M |
| Stock-Based Compensation | $76.4M | $61.8M | $59.9M | $48.4M | $44.5M | $53.5M | $41.2M | $38.8M | $39.9M | $31M | $45.7M | $44M | $43.5M | $43.8M | $44.8M | $48.6M | $60.4M | $61.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$36.3M | -$76.6M | $130.7M | -$475.2M | -$130.5M | $43.2M | -$69M | -$42.8M | -$73.6M | -$44.8M | -$29.7M | -$2.7M | $4.8M | -$55.1M | -$103.5M | -$142.5M | $159M | -$218M | $0 | -$94.8M | $0 | $0 | $0 | $0 | $63.9M | $0 | $0 | $11.2M | -$151.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$35.8M | -$137.8M | -$129.4M | -$94.3M | -$47.2M | -$5.2M | -$3M | -$64.2M | $6.4M | $32.2M | $8.3M | -$23.5M | $75M | $1.3M | -$101.8M | -$65.9M | -$17.7M | -$34.9M | -$300K | -$103.9M | -$10.3M | -$27.9M | -$53.2M | $55.1M | $2.6M | -$57.4M | $37M | -$2.7M | -$13.3M | -$28M | -$58M | -$35M | -$68.9M | -$6.9M | -$37M | $21.8M | -$67.2M |
| Accounts Payable | -$224M | -$338.7M | -$307.1M | $532.5M | $263.4M | $52.5M | $38M | -$149.4M | $269.2M | $81.6M | $244.5M | -$273.2M | -$223.5M | $188.5M | -$18.2M | -$293.6M | -$294.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$555.5M | $370.1M | -$119M | -$78.8M | -$69M | -$130.6M | $8.7M | -$9M | -$154M | -$47.8M | -$4.3M | $52.9M | -$64.1M | -$34.6M | $18.9M | $45.3M | $91.4M | $113.8M | -$357M | $36.9M | -$130.3M | -$265.8M | -$58.1M | -$99.7M | -$21.5M | -$81.4M | -$2.7M | -$95M | $207M | -$19M | -$21M | $32.6M | -$36.6M | -$40.8M | $98.7M | -$20.4M | -$11.6M |
| Total Working Capital Change | -$851.6M | -$183M | -$424.8M | -$115.8M | $16.7M | -$40.1M | -$25.3M | -$265.4M | $48M | $21.2M | $218.8M | -$246.5M | -$207.8M | $100.1M | -$204.6M | -$456.7M | -$62M | -$139.1M | -$357.3M | -$162.5M | -$140.6M | -$293.7M | -$111.3M | -$44.6M | $45M | -$138.8M | $34.3M | -$86.5M | $41.9M | -$47M | -$79M | -$2.4M | -$105.5M | -$47.7M | $61.7M | $1.4M | -$78.8M |
| Other Non-Cash Items | $3.01B | -$1.46B | -$55.8M | -$316.4M | -$163.4M | $300K | $4.2M | $157M | -$482.2M | $592.6M | $34M | $320.1M | -$192.3M | -$192.1M | -$408.1M | -$72.2M | -$108M | $47.6M | -$34.9M | $20.6M | $29.4M | -$25.6M | $68.4M | -$73.2M | -$38.6M | $618.4M | $18.1M | -$38.3M | $8.9M | -$112M | -$16M | $143.4M | $143.5M | $9.7M | -$34.7M | -$26.7M | $3.1M |
| Net Cash from Operating | $3.25B | $3.65B | $3.21B | $3.23B | $3.34B | $3.26B | $2.97B | $2.54B | $1.57B | $2.66B | $2.44B | $2.19B | $1.57B | $1.8B | $1.75B | $1.52B | $1.32B | $1.68B | $1.5B | $1.35B | $1.38B | $1.09B | $1.04B | $1.06B | $1.08B | $1.17B | $1.09B | $973.7M | $1.03B | $756M | $718M | $751M | $584.4M | $599.2M | $619.3M | $527.5M | $444.8M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$7.02B | -$6.8B | -$4.63B | -$2.93B | -$2.46B | -$2.51B | -$1.99B | -$1.57B | -$1.04B | -$907.7M | -$1.61B | -$1.68B | -$1.52B | -$1.52B | -$1.35B | -$1.03B | -$1.18B | -$1.09B | -$1.05B | -$1.26B | -$929.5M | -$705.5M | -$612.9M | -$627.6M | -$708.3M | -$767.7M | -$888.9M | -$770.9M | -$870.2M | -$951M | -$870M | -$611.1M | -$490.6M | -$427.5M | -$506.4M | -$467.5M | -$413.7M |
| Acquisitions | $773.3M | $0 | $260.3M | -$1.72B | -$86.5M | -$207.7M | -$138.9M | -$345.4M | -$16.3M | $44.6M | -$38.8M | $2M | -$223.6M | -$1.04B | -$56.6M | -$42M | -$57.2M | -$72M | -$539.1M | -$127M | -$97.2M | -$84.6M | -$529.6M | -$114.8M | -$59.2M | -$170.4M | -$83M | -$182.2M | $0 | -$6M | -$47M | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$508M | -$141.4M | -$1.55B | -$1.64B | -$2.1B | -$2.87B | -$172.1M | -$530.3M | -$2.69B | $0 | $0 | $0 | $0 | $0 | $81.6M | -$69.6M | $57.9M | -$2.2M | -$200K | -$22.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6M | -$41.9M | $0 | -$48.6M | $0 | $0 | $0 |
| Sales of Investments | $122.5M | $470.7M | $897M | $2.38B | $1.88B | $1.94B | $190.5M | $748.2M | $2.29B | $0 | $0 | $0 | $0 | $0 | $94.7M | $52.4M | $51M | $442.6M | $91.9M | $417M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $53.5M | $1.55B | -$659.7M | $53.2M | $43.3M | $84.2M | -$3.2M | $65.4M | $3.79B | -$161.3M | $53.9M | $54M | $49.6M | $890M | $19.8M | $33.6M | $87M | -$203.1M | $19.4M | $47.1M | $53.3M | $27.4M | $95.9M | $248.8M | $489.8M | -$289.5M | -$66.7M | $268.8M | -$232.7M | -$122M | -$27M | -$22.1M | -$117.8M | $73.4M | -$116.8M | -$82.3M | -$59.1M |
| Net Cash from Investing | -$6.58B | -$4.92B | -$5.68B | -$3.86B | -$2.73B | -$3.56B | -$2.11B | -$1.63B | $2.33B | -$1.07B | -$1.6B | -$1.63B | -$1.7B | -$1.67B | -$1.21B | -$1.06B | -$1.04B | -$919.8M | -$1.48B | -$946.7M | -$973.4M | -$762.7M | -$1.05B | -$493.6M | -$277.7M | -$1.23B | -$1.04B | -$684.3M | -$1.1B | -$1.08B | -$916M | -$675.1M | -$608.4M | -$402.7M | -$623.2M | -$549.8M | -$472.8M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | -$3.96B | -$4.19B | -$2.9B | -$366.2M | $284M | -$4.49B | $428.6M | $418.2M | $481.5M | $93.5M | $359.1M | $145.2M | -$489.7M | -$409.8M | -$222.7M | $210.2M | -$527.6M | -$484.4M | -$425.9M | -$133.9M | $123.3M | $49.1M | $70.6M | $313.2M | $667.6M | -$220.8M | -$94.1M | -$205.9M | -$270.9M | -$512.8M | -$403.4M | $26.6M | -$227.9M | $90.7M | -$107.9M | -$111M | -$106.3M |
| Common Stock Issuance | $1.1M | $7.9M | $24M | $19.3M | $10.6M | $34.1M | $68.1M | $76.2M | $68.4M | $141.3M | $0 | $0 | $0 | $0 | $0 | $0 | $54.4M | $87.4M | $202.8M | $102.9M | $137.5M | $146M | $76.5M | $103.8M | $87.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.9M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$461.6M | -$53.1M | -$649.2M | $0 | $0 | -$793.4M | -$575.2M | -$482.3M | -$500M | $0 | $0 | $0 | -$87.2M | $0 | -$24.6M | -$365M | -$135M | -$100.3M | -$124.1M | -$85.6M | $0 | $0 | $0 | $0 | -$2.5M |
| Dividends Paid | -$1.58B | -$1.56B | -$1.5B | -$1.38B | -$1.26B | -$1.1B | -$994M | -$897.8M | -$787.9M | -$721.2M | -$677.5M | -$627.7M | -$565.6M | -$514.9M | -$456.7M | -$398.7M | -$373.3M | -$349.3M | -$312M | -$293.6M | -$276.2M | -$218.9M | -$188.6M | -$175.6M | -$165.2M | -$155.7M | -$146.2M | -$134M | -$123.8M | -$116.7M | -$115.3M | -$107.8M | -$101.6M | -$93.3M | -$84M | -$76.7M | -$69.3M |
| Other Financing Activities | -$91.3M | $270.2M | -$321.7M | -$20.7M | -$28.4M | -$80.1M | -$19.9M | -$41.5M | $96.6M | $510.4M | $91.2M | $111.5M | $215.2M | $70M | $16.2M | $15.7M | $15.5M | $138.7M | $57.7M | $11.7M | $0 | $0 | $0 | $0 | $0 | $15M | $25.1M | $13.2M | $31.4M | $20.3M | $17.8M | $3.8M | $30.5M | -$7.1M | $12.4M | $7.6M | $1.3M |
| Net Cash from Financing | $2.21B | $2.62B | $1.37B | -$1B | -$1.56B | $3.28B | -$1.37B | -$1.36B | -$1.97B | -$304.3M | -$945.4M | -$661.4M | $115.4M | -$78.4M | -$484.5M | -$579.7M | $101.5M | -$698.5M | -$14.9M | -$422.6M | -$492.7M | -$256.8M | -$182.7M | -$385M | -$832.9M | $80.1M | -$51.6M | -$279.9M | $43.5M | $316M | $182M | -$216.2M | $156.8M | -$191.1M | $36.3M | $41.9M | $41.7M |
| Forex Effect | $1M | $19.8M | $6.5M | -$130.3M | $164.4M | $14.9M | -$28.6M | -$33.9M | $13.4M | $7.5M | -$22.9M | -$11.3M | $11.4M | -$18.6M | -$8.3M | -$100K | $700K | $1.7M | $7.6M | $2.5M | -$200K | $3.7M | $15.8M | $2.2M | -$1.3M | $6M | $1.4M | -$500K | -$100K | -$1M | $3M | $1.8M | -$11.2M | $7M | -$2.4M | $5.3M | -$400K |
| Net Change in Cash | -$1.12B | $1.36B | -$1.09B | -$1.76B | -$784.1M | $3B | -$542.6M | -$482.3M | $1.94B | $1.29B | -$130.2M | -$113.8M | -$4M | $31.9M | $48.2M | -$113.9M | $384.7M | $63M | $7.1M | -$20.6M | -$90.5M | $70.1M | -$177.5M | $187.5M | -$27.9M | $32.5M | $100K | $9M | -$26.2M | -$8M | -$13M | -$138.5M | $121.6M | $12.4M | $30M | $24.9M | $13.3M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $3.26B | $3.65B | $3.21B | $3.23B | $3.34B | $3.26B | $2.97B | $2.54B | $1.57B | $2.66B | $2.44B | $2.19B | $1.57B | $1.8B | $1.75B | $1.52B | $1.32B | $1.68B | $1.5B | $1.35B | $1.38B | $1.09B | $1.04B | $1.06B | $1.08B | $1.17B | $1.09B | $973.7M | $1.03B | $756M | $718M | $751M | $584.4M | $599.2M | $619.3M | $527.5M | $444.8M |
| Capital Expenditure | -$7.02B | -$6.8B | -$4.63B | -$2.93B | -$2.46B | -$2.51B | -$1.99B | -$1.57B | -$1.04B | -$907.7M | -$1.61B | -$1.68B | -$1.52B | -$1.52B | -$1.35B | -$1.03B | -$1.18B | -$1.09B | -$1.05B | -$1.26B | -$929.5M | -$705.5M | -$612.9M | -$627.6M | -$708.3M | -$767.7M | -$888.9M | -$770.9M | -$870.2M | -$951M | -$870M | -$611.1M | -$490.6M | -$427.5M | -$506.4M | -$467.5M | -$413.7M |
| Free Cash Flow | -$3.77B | -$3.15B | -$1.42B | $303.7M | $877.7M | $755.7M | $980.2M | $973.5M | $528.2M | $1.75B | $823M | $502.9M | $43.2M | $277.7M | $401.5M | $491.5M | $143.8M | $594.5M | $442.4M | $84.9M | $446.3M | $380.4M | $423.1M | $436.3M | $375.7M | $406.3M | $200M | $202.8M | $163.1M | -$195M | -$152M | $139.9M | $93.8M | $171.7M | $112.9M | $60M | $31.1M |
| Cash at Beginning | $2.98B | $1.62B | $2.71B | $4.47B | $5.25B | $2.25B | $2.79B | $3.27B | $1.33B | $206.4M | $336.6M | $450.4M | $454.4M | $422.5M | $374.3M | $488.2M | $103.5M | $40.5M | $35.2M | $55.8M | $146.3M | $76.2M | $253.7M | $66.2M | $94.1M | $61.6M | $61.5M | $52.5M | $78.7M | $87M | $100M | $238.4M | $116.8M | $104.4M | $74.4M | $49.5M | $36.2M |
| Cash at End | $1.86B | $2.98B | $1.62B | $2.71B | $4.47B | $5.25B | $2.25B | $2.79B | $3.27B | $1.5B | $206.4M | $336.6M | $450.4M | $454.4M | $422.5M | $374.3M | $488.2M | $103.5M | $42.3M | $35.2M | $55.8M | $146.3M | $76.2M | $253.7M | $66.2M | $94.1M | $61.6M | $61.5M | $52.5M | $79M | $87M | $99.9M | $238.4M | $116.8M | $104.4M | $74.4M | $49.5M |