BALL Corp (BALL)
Ball Corporation serves as a global provider of aluminum packaging solutions for a broad spectrum of industries, including beverages, personal care items, and household goods. Its extensive reach covers the United States, Brazil, and numerous international markets. The company's operations are strategically divided into four primary business segments: Beverage Packaging for North and Central America; Beverage Packaging for Europe, the Middle East, and Africa; Beverage Packaging for South America; and its dedicated Aerospace division. Within its packaging enterprise, Ball is a key manufacturer and supplier of aluminum beverage containers, catering to producers of carbonated soft drinks, beer, energy drinks, and other liquid products. Its product line also encompasses extruded aluminum aerosol containers, innovative reclosable aluminum bottles, aluminum cups, and aluminum slugs. Beyond packaging, Ball Corporation maintains a substantial presence in the aerospace sector. Here, it develops advanced spacecraft, intricate sensors and instruments, sophisticated radio frequency systems, and other cutting-edge technologies. These specialized offerings support civil, commercial, and national security aerospace initiatives. Its aerospace portfolio includes defense hardware, tactical antenna and video solutions, space hardware for both operational and civilian applications, and comprehensive systems engineering services. The company also undertakes the design, production, and rigorous testing of satellites, remote sensing devices, and associated ground control hardware and software, in addition to providing launch vehicle integration and satellite operational support. Furthermore, Ball supplies highly specialized components to government agencies and their prime contractors, such as target identification, warning, and attitude control systems; cryogenic systems with integrated sensor cooling devices; star trackers; and fast-steering mirrors. Established in 1880, Ball Corporation's corporate headquarters are located in Westminster, Colorado.
Sector: Metal Cans
Industry: Packaging & Containers
Ball Corporation
NYSE:BALLConsumer Cyclical · Packaging & Containers
-1.60%$64.76
AH Close$64.76+0.00%vs close
AH Close$64.76+0.00%vs close
Mkt Cap$17.14B
Float263.46M
O/S264.7M
Inst Own88.0%
SI3.0%
Div Yield1.24%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$13.16B
Net Income$912M
Total Assets$19.52B
Free Cash Flow$788M
Debt & Equity
Debt 56%
Equity 44%
Total Debt$7.01B
Total Equity$5.42B
Shares Outstanding
Short Interest
Split History3 splits
- 2:1Forward splitMay 17, 20171 share → 2
- 2:1Forward splitFeb 16, 20111 share → 2
- 2:1Forward splitAug 24, 20041 share → 2
Balance Sheet Details
Assets$19.52B
Liabilities$14.1B
Accounts Receivable$2.61B
Accounts Payable$4.45B
Inventory$2.01B
PP&E (Net)$7.01B
Goodwill$4.38B
Intangible Assets$982M
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 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 | 1988-12-31 | 1987-12-31 | 1986-12-31 |
| Revenue | $13.16B | $11.8B | $12.02B | $15.29B | $13.93B | $11.76B | $11.46B | $11.63B | $10.99B | $9.06B | $7.99B | $8.6B | $8.5B | $8.79B | $8.57B | $7.64B | $7.35B | $7.56B | $7.48B | $6.62B | $5.75B | $5.44B | $4.98B | $3.86B | $3.69B | $3.66B | $3.71B | $3B | $2.39B | $2.18B | $2.05B | $2.59B | $2.44B | $2.18B | $2.27B | $1.36B | $1.22B | $1.07B | $1.05B | $1.07B |
| YoY Growth | 11.6% | -1.8% | -21.4% | 9.7% | 18.5% | 2.6% | -1.5% | 5.8% | 21.3% | 13.4% | -7.1% | 1.2% | -3.3% | 2.6% | 12.2% | 4.0% | -2.9% | 1.2% | 12.9% | 15.1% | 5.7% | 9.3% | 29.0% | 4.7% | 0.6% | -1.1% | 23.8% | 25.4% | 9.3% | 6.8% | -21.2% | 6.3% | 12.1% | -4.0% | 67.1% | 11.0% | 13.9% | 1.8% | -1.5% | - |
| Cost of Revenue | $11.21B | $9.96B | $10.3B | $13.54B | $11.9B | $9.88B | $9.79B | $10.06B | $9.46B | $7.71B | $6.69B | $7.13B | $7.15B | $7.41B | $7.37B | $6.49B | $6.23B | $6.6B | $6.48B | $5.81B | $4.99B | $4.62B | $4.09B | $3.23B | $3.14B | $3.07B | $3.11B | $2.54B | $2B | $1.91B | $1.76B | $2.18B | $2.04B | $1.78B | $1.84B | $1.11B | $1.03B | $867.4M | $817.4M | $828.3M |
| Gross Profit | $1.96B | $1.84B | $1.72B | $1.75B | $2.03B | $1.88B | $1.66B | $1.57B | $1.53B | $1.35B | $1.3B | $1.47B | $1.35B | $1.38B | $1.2B | $1.14B | $1.11B | $956.6M | $995.2M | $814.3M | $759.6M | $817.1M | $884.2M | $628.5M | $543.9M | $597.6M | $596.2M | $458M | $384.8M | $270.6M | $287.9M | $410.4M | $398.6M | $402.1M | $432M | $245.5M | $194M | $205.6M | $236.7M | $242M |
| Gross Margin | 14.9% | 15.6% | 14.3% | 11.5% | 14.6% | 16.0% | 14.5% | 13.5% | 13.9% | 14.9% | 16.2% | 17.1% | 15.9% | 15.7% | 14.0% | 15.0% | 15.1% | 12.7% | 13.3% | 12.3% | 13.2% | 15.0% | 17.8% | 16.3% | 14.8% | 16.3% | 16.1% | 15.3% | 16.1% | 12.4% | 14.1% | 15.8% | 16.3% | 18.5% | 19.1% | 18.1% | 15.9% | 19.2% | 22.5% | 22.6% |
| Research and Development | $0 | $0 | $55M | $55M | $56M | $47M | $44M | $32M | $27M | $28M | $26M | $26.6M | $31.2M | $26.8M | $22.3M | $22.2M | $25.6M | $32.9M | $27.4M | $22.5M | $24.6M | $25.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $566M | $847M | $532M | $687M | $744M | $528M | $616M | $617M | $319M | $631M | $449.6M | $463.9M | $415.6M | $388.7M | $379.6M | $356.8M | $328.5M | $288.2M | $323.7M | $281.4M | $233.8M | $267.9M | $221.6M | $165.9M | $135.6M | $138.9M | $140.9M | $119.4M | $136.9M | $93.2M | $99.5M | $114.5M | $287.8M | $157.1M | $173M | $106.5M | $84.2M | $111.3M | $76.5M | $81.2M |
| Other | $0 | $0 | -$47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $201.8M | $151.6M | $433.7M | $249.6M | $162.9M | $145M | $117.5M | $93.5M | $78.7M | $127M | $116.3M | $105.5M | $108M | $53.5M | $50.1M | $43.9M | $41.3M | $44.2M |
| Total Operating Expenses | $566M | $847M | $540M | $742M | $800M | $575M | $660M | $649M | $346M | $659M | $475.6M | $490.5M | $446.8M | $415.5M | $401.9M | $379M | $354.1M | $321.1M | $351.1M | $303.9M | $258.4M | $293.4M | $423.4M | $317.5M | $569.3M | $388.5M | $303.8M | $264.4M | $254.4M | $186.7M | $178.2M | $241.5M | $404.1M | $262.6M | $281M | $160M | $134.3M | $155.2M | $117.8M | $125.4M |
| Operating Income (EBIT) | $1.39B | $992M | $1.18B | $1.01B | $1.23B | $1.3B | $1B | $923M | $1.18B | $691M | $821.3M | $975.7M | $900.3M | $962.6M | $793.5M | $762.8M | $757.1M | $635.5M | $644.1M | $510.4M | $501.2M | $523.7M | $460.8M | $311M | -$25.4M | $209.1M | $292.4M | $193.6M | $130.4M | $83.9M | $109.7M | $168.9M | -$5.5M | $139.5M | $151M | $85.5M | $59.7M | $50.4M | $118.9M | $116.6M |
| Operating Margin | 10.6% | 8.4% | 9.8% | 6.6% | 8.8% | 11.1% | 8.7% | 7.9% | 10.8% | 7.6% | 10.3% | 11.3% | 10.6% | 11.0% | 9.3% | 10.0% | 10.3% | 8.4% | 8.6% | 7.7% | 8.7% | 9.6% | 9.3% | 8.1% | -0.7% | 5.7% | 7.9% | 6.5% | 5.5% | 3.8% | 5.4% | 6.5% | -0.2% | 6.4% | 6.7% | 6.3% | 4.9% | 4.7% | 11.3% | 10.9% |
| Interest Expense | $314M | $293M | $460M | $313M | $270M | $275M | $317M | $301M | $285M | $229M | $143M | $160M | $183.8M | $179.8M | $177.1M | $149.4M | $117.2M | $137.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $30M | $68M | $36M | $14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 Income (Expense) | -$235M | -$429M | -$542M | -$122M | -$198M | -$624M | -$395M | -$285M | -$639M | -$551M | -$471.4M | -$327.8M | -$316.1M | -$368.3M | -$123.6M | -$38.4M | -$205.9M | -$168.2M | -$266.7M | -$48.8M | -$122.1M | -$88.5M | -$141.1M | -$75.6M | -$88.3M | -$95.2M | -$123.3M | -$152.8M | -$40.1M | -$63.6M | -$31.4M | -$51.2M | -$48.2M | -$40.4M | -$44.6M | -$15.6M | -$11.1M | -$2.3M | -$5.4M | -$6.3M |
| Income Before Tax (EBT) | $1.16B | $563M | $634M | $891M | $1.03B | $681M | $607M | $638M | $545M | $140M | $349.9M | $647.9M | $584.2M | $594.3M | $669.9M | $724.4M | $551.2M | $467.3M | $377.4M | $461.6M | $379.1M | $435.2M | $319.7M | $235.4M | -$113.7M | $113.9M | $169.1M | $40.8M | $90.3M | $20.3M | $78.3M | $117.7M | -$53.7M | $99.1M | $106.4M | $69.9M | $48.6M | $48.1M | $113.5M | $110.3M |
| Income Tax Expense | $240M | $133M | $146M | $159M | $156M | $99M | $71M | $185M | $165M | -$126M | $47M | $150M | $149.6M | $172.2M | $201.3M | $175.8M | $159.8M | $147.4M | $95.7M | $131.6M | $106.2M | $143.4M | $100.1M | $83.9M | -$9.7M | $42.8M | $64.9M | $8.8M | $32M | $7.2M | $26.4M | $44.7M | -$21.2M | $36.2M | $40.2M | $19.7M | $12.8M | $15.4M | $47.2M | $51.4M |
| Net Income | $912M | $4.01B | $707M | $719M | $878M | $585M | $566M | $454M | $374M | $263M | $281M | $470M | $406.8M | $396.3M | $444M | $468M | $387.9M | $319.5M | $281.3M | $329.6M | $272.1M | $302.1M | $229.9M | $156.1M | -$99.2M | $68.2M | $104.2M | $16.6M | $58.3M | $24.2M | -$18.6M | $73M | -$65.1M | $69.1M | $66.2M | $50.2M | $35.8M | $32.7M | $66.3M | $58.9M |
| Net Income Margin | 6.9% | 34.0% | 5.9% | 4.7% | 6.3% | 5.0% | 4.9% | 3.9% | 3.4% | 2.9% | 3.5% | 5.5% | 4.8% | 4.5% | 5.2% | 6.1% | 5.3% | 4.2% | 3.8% | 5.0% | 4.7% | 5.6% | 4.6% | 4.0% | -2.7% | 1.9% | 2.8% | 0.6% | 2.4% | 1.1% | -0.9% | 2.8% | -2.7% | 3.2% | 2.9% | 3.7% | 2.9% | 3.0% | 6.3% | 5.5% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 3.33 | 13.12 | 2.25 | 2.27 | 2.69 | 1.79 | 1.71 | 1.32 | 1.14 | 0.71 | 1.02 | 1.70 | 1.40 | 1.31 | 1.35 | 1.30 | 1.03 | 0.84 | 0.70 | 0.80 | 0.63 | 0.68 | 0.52 | 0.35 | -0.23 | 0.18 | 0.18 | 0.03 | 0.12 | 0.04 | -0.04 | 0.15 | -0.14 | 0.16 | 0.16 | 0.14 | 0.10 | 0.09 | 0.18 | 0.16 |
| Diluted EPS | 3.30 | 13.00 | 2.23 | 2.25 | 2.65 | 1.75 | 1.66 | 1.29 | 1.12 | 0.70 | 1.00 | 1.65 | 1.37 | 1.27 | 1.32 | 1.27 | 1.02 | 0.83 | 0.69 | 0.79 | 0.62 | 0.66 | 0.50 | 0.34 | -0.23 | 0.17 | 0.17 | 0.03 | 0.11 | 0.04 | -0.04 | 0.14 | -0.14 | 0.16 | 0.16 | 0.14 | 0.10 | 0.09 | 0.18 | 0.16 |
| Weighted Average OS | 274.26M | 305.46M | 314.77M | 316.43M | 325.99M | 327.14M | 331.10M | 344.80M | 350.27M | 316.54M | 274.60M | 277.02M | 291.89M | 309.30M | 330.55M | 361.49M | 375.14M | 383.43M | 404.74M | 413.35M | 431.03M | 443.38M | 446.84M | 450.83M | 438.59M | 343.39M | 574.92M | 487.28M | 482.61M | 486.86M | 473.12M | 473.12M | 459.39M | 422.86M | 412.29M | 353.47M | 352.35M | 376.26M | 373.25M | 368.83M |
| EBITDA | $2.09B | $1.46B | $1.76B | $1.88B | $1.98B | $1.62B | $1.61B | $1.65B | $1.54B | $895M | $859M | $1.12B | $1.09B | $1.07B | $1.14B | $1.03B | $931.7M | $887.9M | $794.9M | $833.9M | $693.5M | $753.5M | $666.3M | $460.2M | $127.1M | $368.2M | $455.3M | $338.6M | $247.9M | $177.4M | $188.4M | $295.9M | $110.8M | $245M | $259M | $139M | $109.8M | $94.3M | $160.2M | $160.8M |
| EBITDA Margin | 15.9% | 12.4% | 14.6% | 12.3% | 14.2% | 13.8% | 14.1% | 14.2% | 14.0% | 9.9% | 10.8% | 13.0% | 12.9% | 12.2% | 13.3% | 13.4% | 12.7% | 11.7% | 10.6% | 12.6% | 12.1% | 13.9% | 13.4% | 11.9% | 3.4% | 10.0% | 12.3% | 11.3% | 10.4% | 8.1% | 9.2% | 11.4% | 4.5% | 11.2% | 11.4% | 10.2% | 9.0% | 8.8% | 15.2% | 15.0% |
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 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 | 1988-12-31 | 1987-12-31 | 1986-12-31 |
| Assets | ||||||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.21B | $893M | $695M | $548M | $563M | $1.37B | $1.8B | $721M | $448M | $597M | $224M | $191.4M | $416M | $174.1M | $165.8M | $152M | $210.6M | $127.4M | $151.6M | $151.5M | $61M | $198.7M | $36.5M | $259.2M | $83.1M | $25.6M | $35.8M | $34M | $25.5M | $169.2M | $5.1M | $10.4M | $8.2M | $14.5M | $20.8M | $30M | $10.4M | $15.7M | $16.6M | $10.2M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $102.6M | $100.1M | $197M | $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 | $1.21B | $893M | $695M | $548M | $563M | $1.37B | $1.8B | $721M | $448M | $597M | $224M | $191.4M | $416M | $174.1M | $165.8M | $254.6M | $310.7M | $324.4M | $151.6M | $151.5M | $61M | $198.7M | $36.5M | $259.2M | $83.1M | $25.6M | $35.8M | $34M | $25.5M | $169.2M | $5.1M | $10.4M | $8.2M | $14.5M | $20.8M | $30M | $10.4M | $15.7M | $16.6M | $10.2M |
| Accounts Receivable | $2.61B | $2.17B | $2.06B | $2.59B | $2.56B | $1.74B | $1.63B | $1.8B | $1.63B | $1.49B | $885M | $957.1M | $859.4M | $930.1M | $910.4M | $849.7M | $534.9M | $737.4M | $582.7M | $579.5M | $376.6M | $346.8M | $250.1M | $345.9M | $172M | $230.2M | $220.2M | $273.5M | $301.4M | $245.9M | $200M | $204.5M | $191.3M | $200.9M | $246.1M | $217.9M | $176.2M | $133.9M | $114.6M | $109M |
| Inventory | $2.01B | $1.48B | $1.53B | $2.18B | $1.79B | $1.35B | $1.27B | $1.27B | $1.53B | $1.41B | $898M | $1.02B | $1.03B | $1.04B | $1.07B | $1.08B | $881.2M | $974.2M | $998.1M | $935.4M | $699.9M | $629.5M | $546.2M | $552.5M | $449.3M | $627.5M | $565.9M | $483.8M | $413.3M | $302M | $318.5M | $414M | $409.3M | $375.2M | $336.9M | $272.5M | $165.3M | $155.5M | $163M | $185.5M |
| Other Current Assets | $282M | $305M | $600M | $168M | $305M | $218M | $181M | $146M | $150M | $152M | $177M | $148.3M | $167.2M | $190.8M | $173.2M | $117.5M | $535.4M | $129.3M | $110.5M | $94.9M | $106.4M | $70.6M | $90.7M | $66.9M | $89.1M | $86M | $73.9M | $94.3M | $57.9M | $49.5M | $69.1M | $69.2M | $83.3M | $28.6M | $30.2M | $21.8M | $22.1M | $26.6M | $21.5M | $26.5M |
| Total Current Assets | $6.11B | $4.84B | $4.88B | $5.49B | $5.22B | $4.67B | $4.88B | $3.94B | $3.76B | $3.64B | $2.18B | $2.31B | $2.47B | $2.34B | $2.32B | $2.31B | $1.92B | $2.17B | $1.84B | $1.76B | $1.23B | $1.25B | $923.5M | $1.22B | $793.5M | $969.3M | $895.8M | $885.6M | $798.1M | $766.6M | $592.7M | $698.1M | $692.1M | $619.2M | $634M | $542.2M | $374M | $331.7M | $315.7M | $331.2M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $7.01B | $6.51B | $7.08B | $7.49B | $6.92B | $5.65B | $4.71B | $4.54B | $4.61B | $4.39B | $2.69B | $2.43B | $2.37B | $2.28B | $2.22B | $2.05B | $1.75B | $1.87B | $1.94B | $1.88B | $1.56B | $1.53B | $1.47B | $1.45B | $904.4M | $1B | $1.12B | $1.17B | $919.5M | $699M | $628.6M | $779.9M | $822.7M | $709.9M | $760.5M | $610.1M | $434.7M | $433M | $401.9M | $366M |
| Goodwill | $4.38B | $4.17B | $4.25B | $4.24B | $4.38B | $4.48B | $4.42B | $4.47B | $4.93B | $5.09B | $2.18B | $2.25B | $2.4B | $2.36B | $2.25B | $2.11B | $2.01B | $1.83B | $1.86B | $1.77B | $1.26B | $0 | $0 | $1.15B | $357.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $982M | $1.08B | $1.25B | $1.42B | $1.69B | $1.88B | $2B | $2.19B | $2.46B | $1.93B | $195M | $199.7M | $231.1M | $213.3M | $225.8M | $417.6M | $385.7M | $372M | $121.9M | $116.2M | $43.1M | $1.7B | $1.34B | $0 | $615.7M | $676.8M | $715.1M | $794.8M | $0 | $0 | $66.1M | $93.8M | $101.5M | $45.1M | $40.8M | $13.1M | $0 | $0 | $0 | $0 |
| Long-Term Investments | $257M | $316M | $212M | $193M | $184M | $321M | $291M | $302M | $274M | $204M | $34M | $33.2M | $33.7M | $32.2M | $26.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $64M | $63M | $114M | $73M | $126M | $227M | $241M | $237M | $325M | $443M | $59.6M | $66.5M | $162M | $190.8M | $29.7M | $0 | $106M | $0 | $4.3M | $34.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $718M | $649M | $1.52B | $1.01B | $1.19B | $1.01B | $814M | $870M | $807M | $457M | $2.36B | $272.9M | $276.2M | $286.1M | $213.5M | $50.9M | $80.6M | $139M | $247.2M | $278.8M | $218.6M | $0 | $338.1M | $313.9M | $257.9M | $0 | $0 | $0 | $372.5M | $235.2M | $325.1M | $188M | $179.3M | $189.7M | $123.3M | $142.2M | $129.3M | $111.8M | $77.3M | $35.5M |
| Total Long-Term Assets | $13.41B | $12.79B | $14.42B | $14.42B | $14.49B | $13.58B | $12.48B | $12.61B | $13.42B | $12.52B | $7.51B | $5.26B | $5.35B | $5.17B | $4.96B | $4.62B | $4.57B | $4.2B | $4.18B | $4.08B | $3.12B | $3.23B | $3.15B | $2.91B | $1.52B | $1.68B | $1.84B | $1.97B | $1.29B | $934.2M | $1.02B | $1.06B | $1.1B | $944.7M | $924.6M | $765.4M | $564M | $544.8M | $479.2M | $401.5M |
| 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 | $19.52B | $17.63B | $19.3B | $19.91B | $19.71B | $18.25B | $17.36B | $16.55B | $17.18B | $16.17B | $9.7B | $7.57B | $7.82B | $7.51B | $7.28B | $6.93B | $6.49B | $6.37B | $6.02B | $5.84B | $4.34B | $4.48B | $4.07B | $4.13B | $2.31B | $2.65B | $2.73B | $2.85B | $2.09B | $1.7B | $1.61B | $1.76B | $1.8B | $1.56B | $1.56B | $1.31B | $938M | $876.5M | $794.9M | $732.7M |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $4.45B | $3.42B | $3.66B | $4.38B | $4.76B | $3.43B | $3.14B | $3.1B | $2.76B | $2.03B | $1.5B | $1.34B | $998.8M | $946.9M | $847.3M | $700.3M | $581.8M | $763.7M | $763.6M | $732.4M | $552.4M | $453M | $349.7M | $439.6M | $258.5M | $332.1M | $345.5M | $350.3M | $258.6M | $214.3M | $195.3M | $209.2M | $157.3M | $140.4M | $153.6M | $141.5M | $105.7M | $0 | $0 | $0 |
| Short-Term Debt | $21M | $440M | $1.06B | $1.41B | $13M | $17M | $1.48B | $219M | $453M | $222M | $77M | $175.1M | $422.6M | $219.8M | $447.4M | $110.7M | $312.3M | $303M | $176.8M | $181.3M | $116.4M | $123M | $107.6M | $127M | $115M | $125.7M | $104M | $126.8M | $407M | $175.2M | $155M | $116.7M | $123.9M | $89.8M | $158.9M | $83.3M | $55.2M | $37.1M | $46.9M | $22.4M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.9M | $15.7M | $0 | $0 | $80.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $50M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $1.01B | $636M | $1.13B | $888M | $750M | $587M | $618M | $492M | $540M | $399M | $334.6M | $221.8M | $264.7M | $240.7M | $313.1M | $314.1M | $324.1M | $563M | $334.7M | $339.5M | $308.8M | $198.1M | $223.2M | $355.2M | $110.2M | $201.3M | $220.6M | $210.5M | $172.2M | $121.5M | $147.2M | $173.8M | $170M | $128.9M | $129.2M | $98.2M | $58.4M | $145.9M | $156.5M | $142.9M |
| Total Current Liabilities | $5.49B | $4.85B | $6.18B | $7.01B | $5.95B | $4.44B | $5.58B | $4.09B | $4.11B | $2.97B | $2.14B | $2.01B | $1.93B | $1.69B | $1.86B | $1.38B | $1.43B | $1.86B | $1.51B | $1.45B | $1.18B | $996.3M | $861.1M | $1.07B | $574.7M | $659.1M | $670.1M | $687.6M | $837.8M | $511M | $497.5M | $499.7M | $451.2M | $359.1M | $441.7M | $323M | $219.3M | $183M | $203.4M | $165.3M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $6.99B | $5.31B | $7.5B | $7.54B | $7.71B | $7.78B | $6.34B | $6.51B | $6.52B | $7.31B | $4.97B | $2.99B | $3.18B | $3.09B | $2.7B | $2.7B | $2.28B | $2.11B | $2.18B | $2.27B | $1.47B | $1.54B | $1.58B | $1.85B | $949.1M | $1.01B | $1.09B | $1.23B | $366.1M | $407.7M | $320.4M | $377M | $513.3M | $451.7M | $333.9M | $404.8M | $262.8M | $196.3M | $100.7M | $101.6M |
| Long-Term Unearned Revenue | $0 | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $655M | $620M | $421M | $540M | $665M | $634M | $561M | $645M | $695M | $439M | $173M | $152.5M | $261.5M | $207.9M | $210.1M | $218.8M | $130M | $140.8M | $183.1M | $102.1M | $69.5M | $116.4M | $113.5M | $64.5M | $41M | $0 | $0 | $0 | $60.5M | $34.7M | $28M | $56.6M | $65.1M | $86.5M | $103.5M | $68.4M | $51.2M | $56.1M | $76.4M | $85.2M |
| Other Long-Term Liabilities | $970M | $652M | $1.36B | $935M | $1.35B | $1.82B | $1.69B | $1.74B | $1.8B | $1.91B | $1.15B | $1.18B | $1.03B | $1.24B | $1.14B | $965.9M | $1.06B | $1.17B | $799M | $847.7M | $784.2M | $734.3M | $701.7M | $646.5M | $235M | $281.8M | $258.7M | $290.7M | $139.8M | $136M | $177.9M | $193.7M | $191.4M | $45.6M | $43.2M | $40.7M | $20.4M | $19.7M | $17M | $15.3M |
| Total Long-Term Liabilities | $8.62B | $6.85B | $9.28B | $9.37B | $10.08B | $10.47B | $8.76B | $8.9B | $9.02B | $9.66B | $6.29B | $4.32B | $4.48B | $4.53B | $4.05B | $3.89B | $3.48B | $3.42B | $3.16B | $3.22B | $2.33B | $2.39B | $2.39B | $2.56B | $1.23B | $1.29B | $1.35B | $1.52B | $566.4M | $578.4M | $526.3M | $627.3M | $769.8M | $583.8M | $480.6M | $513.9M | $334.4M | $272.1M | $194.1M | $202.1M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$12M | $244M | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $14.1B | $11.7B | $15.47B | $16.38B | $16.03B | $14.91B | $14.34B | $12.99B | $13.11B | $12.88B | $8.44B | $6.33B | $6.43B | $6.22B | $5.91B | $5.27B | $4.91B | $5.28B | $4.68B | $4.67B | $3.5B | $3.38B | $3.26B | $3.63B | $1.8B | $1.95B | $2.02B | $2.21B | $1.4B | $1.09B | $1.02B | $1.13B | $1.22B | $942.9M | $922.3M | $836.9M | $553.7M | $455.1M | $397.5M | $367.4M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $42.8M | $35.7M | $27.7M | $22.9M | $17.7M | $15.2M | $11.9M | $10.1M | $8M | $55.8M | $53.6M | $1.3M | $0 | $0 | $0 |
| Common Stock | $1.42B | $1.4B | $1.31B | $1.26B | $1.22B | $1.17B | $1.18B | $1.16B | $1.08B | $1.04B | $961.7M | $1.13B | $1.08B | $1.03B | $941.7M | $893.4M | $830.8M | $788M | $760.3M | $0 | $633.6M | $610.8M | $567.3M | $514.5M | $478.9M | $443.9M | $413M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $12.22B | $11.53B | $7.76B | $7.31B | $6.84B | $6.19B | $5.8B | $5.34B | $4.99B | $4.74B | $4.56B | $4.35B | $3.91B | $3.58B | $3.23B | $2.83B | $2.4B | $2.05B | $1.76B | $1.54B | $1.25B | $1.01B | $748.8M | $562M | $410M | $529.3M | $481.2M | $397.9M | $379.5M | $344.5M | $336.4M | $378.6M | $332.2M | $482.4M | $458.9M | $429.7M | $410M | $401.6M | $380.9M | $332.3M |
| Comprehensive Income & Other | -$869M | -$1B | -$916M | -$679M | -$582M | -$954M | -$910M | -$835M | -$656M | -$941M | -$639.9M | -$522.1M | -$240.7M | -$352.4M | -$335.2M | -$82.1M | -$63.8M | -$182.5M | $106.9M | -$29.5M | -$100.7M | $33.2M | -$1.4M | -$138.3M | -$43.7M | -$29.7M | -$26.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$8.22B | -$7.06B | -$5.31B | -$5.11B | -$4.44B | -$4.08B | -$4.03B | -$3.04B | -$2.13B | -$2.34B | -$4.27B | -$4.45B | -$3.77B | -$3.49B | -$2.95B | -$2.21B | -$1.65B | -$1.75B | -$1.18B | -$369.9M | -$1.03B | -$531.7M | -$508.3M | -$583.6M | -$384.8M | -$290.8M | -$203.3M | $224.4M | $254.7M | $259.9M | $246.3M | $238.1M | $226.5M | $121.6M | $148.1M | $27.8M | -$25.7M | $19.8M | $16.5M | $33M |
| Total Equity | $5.42B | $5.86B | $3.77B | $3.46B | $3.63B | $3.27B | $2.95B | $3.46B | $3.94B | $3.44B | $1.25B | $1.03B | $1.22B | $1.11B | $1.22B | $1.52B | $1.58B | $1.09B | $1.34B | $1.17B | $853.4M | $1.09B | $807.8M | $492.9M | $504.1M | $682.4M | $690.9M | $622.3M | $634.2M | $604.4M | $582.7M | $616.7M | $558.7M | $604M | $607M | $457.5M | $384.3M | $421.4M | $397.4M | $365.3M |
| Minority Interest | $0 | $68M | $68M | $66M | $58M | $62M | $70M | $104M | $105M | $106M | $10M | $206.5M | $191.4M | $175.4M | $158.9M | $140.1M | $1.7M | $1.5M | $1.1M | $1M | $5.1M | $6.4M | $6.2M | $5.6M | $9.7M | $14.9M | $19.7M | $24.4M | $51.7M | $7M | $6M | $16.1M | $15.9M | $17M | $29.3M | $13.2M | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $19.52B | $17.56B | $19.23B | $19.84B | $19.66B | $18.19B | $17.29B | $16.45B | $17.05B | $16.31B | $9.69B | $7.36B | $7.65B | $7.33B | $7.13B | $6.79B | $6.49B | $6.37B | $6.02B | $5.84B | $4.36B | $4.47B | $4.06B | $4.13B | $2.3B | $2.63B | $2.71B | $2.83B | $2.04B | $1.69B | $1.61B | $1.74B | $1.78B | $1.55B | $1.53B | $1.29B | $938M | $876.5M | $794.9M | $732.7M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $7.01B | $6.02B | $8.57B | $9.4B | $8.16B | $8.1B | $8.06B | $6.73B | $6.97B | $7.53B | $5.05B | $3.17B | $3.61B | $3.31B | $3.14B | $2.81B | $2.6B | $2.41B | $2.36B | $2.45B | $1.59B | $1.66B | $1.69B | $1.98B | $1.06B | $1.14B | $1.2B | $1.36B | $773.1M | $582.9M | $475.4M | $493.7M | $637.2M | $541.5M | $492.8M | $488.1M | $318M | $233.4M | $147.6M | $124M |
| Net Debt | $5.8B | $5.12B | $7.87B | $8.85B | $7.59B | $6.73B | $6.26B | $6.01B | $6.52B | $6.93B | $4.83B | $2.98B | $3.19B | $3.13B | $2.98B | $2.66B | $2.39B | $2.28B | $2.21B | $2.3B | $1.53B | $1.46B | $1.65B | $1.72B | $981M | $1.11B | $1.16B | $1.32B | $747.6M | $413.7M | $470.3M | $483.3M | $629M | $527M | $472M | $458.1M | $307.6M | $217.7M | $131M | $113.8M |
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 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||||||||||
| Net Income | $915M | $4.01B | $711M | $732M | $878M | $582M | $536M | $453M | $405M | $266M | $302.9M | $498M | $434.6M | $429.3M | $468.6M | $548.6M | $388.4M | $319.5M | $281.3M | $329.6M | $261.5M | $295.6M | $229.9M | $156.1M | -$99.2M | $68.2M | $104.2M | $32M | $58.3M | $24.2M | -$18.6M | $73M | -$30.4M | $69.1M | $66.2M | $50.2M | $35.8M |
| Depreciation & Amortization | $622M | $620M | $686M | $672M | $700M | $668M | $678M | $702M | $729M | $453M | $285.5M | $280.9M | $299.9M | $282.9M | $301.1M | $265.5M | $285.2M | $297.4M | $281M | $252.6M | $213.5M | $215.1M | $205.5M | $149.2M | $152.5M | $159.1M | $162.9M | $145M | $117.5M | $93.5M | $78.7M | $127M | $116.3M | $105.5M | $108M | $53.5M | $50.1M |
| Deferred Income Tax | $60M | $143M | -$67M | -$2M | $35M | $17M | -$45M | $35M | $70M | -$293M | -$61.8M | $8.9M | -$1.6M | $14M | $53.2M | -$28.7M | -$24.3M | $19.6M | -$21M | $38.2M | -$58.5M | $42.8M | $17.8M | $30.7M | $2.5M | $9.8M | $34.3M | $0 | $17.1M | $12.4M | -$14.3M | $7.7M | -$41.8M | -$1.6M | -$8.7M | $1.8M | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $39M | $40M | $43M | $37M | $75M | $46M | $35M | $25M | $25M | $24.5M | $26.7M | $0 | $0 | $0 | $0 | $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 | $0 | -$325M | $238M | -$305M | -$729M | -$81M | $205M | -$281M | -$189M | -$53M | $34.8M | -$152.3M | $80.2M | $600K | -$4.1M | -$287M | $36.3M | $37M | $26.9M | $0 | $0 | -$81.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | -$25M | $626M | -$458M | -$464M | -$64M | -$45M | -$248M | -$66M | $30M | $96.9M | -$23.8M | $21.4M | $29.1M | $27.5M | -$153.1M | $95.7M | $2.4M | -$41M | -$132.2M | -$54.2M | -$49.3M | $38.5M | $12.4M | $155.8M | -$73.8M | -$49.1M | $27.7M | -$33.4M | $3.2M | -$85.6M | -$13M | $32.4M | -$65.5M | -$100K | -$9.3M | -$9.8M |
| Accounts Payable | $0 | -$91M | -$510M | -$83M | $1.31B | $66M | $72M | $592M | $639M | -$55M | $124.6M | $355.3M | $50.9M | $55.9M | $111.1M | -$250M | -$163.8M | $15.7M | $27.4M | $0 | $0 | $87.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$131M | -$110M | $6M | -$78M | $1M | -$27M | $4M | $27M | -$63M | -$431M | -$116.1M | -$8.3M | -$88.8M | -$31M | -$84.3M | $492.3M | -$49.8M | -$43M | $21.4M | -$5.1M | $159.8M | $58M | -$137.6M | $139.9M | -$112.9M | -$56.3M | $48.4M | $131.8M | -$9.2M | -$60.5M | -$36.7M | $62.2M | $12.3M | $22.4M | $4.5M | $3.8M | -$22.9M |
| Total Working Capital Change | -$131M | -$551M | $360M | -$924M | $120M | -$106M | $236M | $90M | $321M | -$509M | $140.2M | $170.9M | $63.7M | $54.6M | $50.2M | -$197.8M | -$81.6M | $12.1M | $34.7M | -$137.3M | $105.6M | $14.5M | -$99.1M | $152.3M | $42.9M | -$130.1M | -$700K | $159.5M | -$42.6M | -$57.3M | -$122.3M | $49.2M | $44.7M | -$43.1M | $4.4M | -$5.5M | -$32.7M |
| Other Non-Cash Items | -$204M | -$4.11B | $173M | -$234M | -$13M | $228M | $106M | $211M | -$41M | $241M | $336.8M | $56.7M | $45.7M | $38.5M | $75.3M | $2.5M | $3M | -$3.8M | $97M | -$81.7M | $36.7M | -$24.7M | $9.9M | -$36M | $222.1M | $69.5M | $5.3M | $50.6M | -$6.8M | $11.5M | $124.4M | -$16.2M | $96.6M | -$12.9M | -$5.5M | $2.6M | -$4.6M |
| Net Cash from Operating | $1.26B | $115M | $1.86B | $283M | $1.76B | $1.43B | $1.55B | $1.57B | $1.48B | $194M | $1.01B | $1.01B | $839M | $853.2M | $948.4M | $515.2M | $559.7M | $627.6M | $673M | $401.4M | $558.8M | $535.9M | $364M | $452.3M | $320.8M | $176.5M | $306M | $387.1M | $143.5M | $84.3M | $47.9M | $240.7M | $185.4M | $117M | $164.4M | $102.6M | $48.6M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$474M | -$484M | -$1.04B | -$1.65B | -$1.73B | -$1.11B | -$598M | -$816M | -$556M | -$606M | -$527.9M | -$390.8M | -$378.3M | -$305M | -$443.8M | -$250.2M | -$187.1M | -$306.9M | -$308.5M | -$279.6M | -$291.7M | -$196M | -$137.2M | -$158.4M | -$68.5M | -$98.7M | -$107M | -$922.6M | -$97.7M | -$196.1M | -$206.2M | -$94.5M | -$140.9M | -$110.2M | -$95.8M | -$33.7M | -$55.7M |
| Acquisitions | -$159M | -$74M | $0 | $759M | $112M | -$86M | $160M | $539M | -$2M | -$441M | -$29.1M | $0 | -$14.2M | -$71.2M | -$295.2M | $135.7M | -$574.7M | $6.4M | $0 | -$791.1M | $0 | -$17.2M | -$28M | -$856.9M | -$77.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$252M | $0 | $0 | $0 | $0 | $0 | -$270.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.97B | $0 | $0 | $0 | $0 | $0 | $261.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$23M | $5.56B | -$8M | $124M | -$25M | $18M | $16M | $71M | $13M | $1.97B | -$2.16B | -$600K | $13.4M | $20.2M | $1M | $13.5M | $180.4M | -$117.5M | $42.7M | $77.3M | $1.7M | $3.6M | $41.4M | -$5.9M | $23.5M | $46.2M | $14.3M | $7.5M | -$153.2M | $177.7M | $194.5M | $5.2M | -$3.4M | -$68.4M | -$127.7M | -$30.1M | -$2.4M |
| Net Cash from Investing | -$656M | $5B | -$1.05B | -$768M | -$1.64B | -$1.18B | -$422M | -$206M | -$545M | $672M | -$2.72B | -$391.4M | -$379.1M | -$356M | -$738M | -$110.2M | -$581.4M | -$418M | -$265.8M | -$993.4M | -$290M | -$209.6M | -$123.8M | -$1.02B | -$122.9M | -$52.5M | -$92.7M | -$915.1M | -$250.9M | -$18.4M | -$11.7M | -$89.3M | -$144.3M | -$178.6M | -$223.5M | -$63.8M | -$58.1M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | -$1.39B | $2.83B | $230M | -$967M | -$100M | $242M | -$1.29B | $58M | $1.04B | $254M | -$2.09B | $486M | -$348.2M | -$414.8M | -$11.5M | -$86.7M | -$239.9M | -$19.2M | $74.2M | -$736.3M | $66.9M | $80.9M | $393.7M | -$830.7M | $62.3M | $48M | $151.1M | -$619.3M | $2.5M | -$113.9M | $17.7M | $134.5M | $19.2M | -$132.8M | $23.7M | -$9.6M | -$14.6M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $47M | -$18M | $19M | $28M | $27M | $48M | $36M | $37.2M | $32.9M | $53.1M | $39.3M | $47.5M | $31.9M | $27.2M | $46.5M | $38.4M | $35.6M | $35.3M | $35.5M | $35M | $32.1M | $30.7M | $36.8M | $31.5M | $21.7M | $21.4M | $32.5M | $19.8M | $20M | $21.5M | $118.2M | $12.1M | $82.6M |
| Common Stock Repurchases | -$1.32B | -$1.71B | -$3M | -$618M | -$766M | -$57M | -$964M | -$739M | -$103M | -$107M | -$136M | -$397.3M | -$431.7M | -$547.2M | -$513.2M | -$554.2M | -$37M | -$326.8M | -$257.8M | -$84.1M | -$393.7M | -$85.3M | -$63.4M | -$104.1M | -$85.9M | -$91.6M | -$72.3M | -$34.9M | -$32.1M | -$10.2M | -$27.6M | -$9.9M | -$8.6M | -$50.5M | -$100K | -$10.9M | -$59.4M |
| Dividends Paid | -$220M | -$244M | -$252M | -$254M | -$229M | -$198M | -$182M | -$137M | -$129M | -$83M | -$72M | -$72.7M | -$75.2M | -$61.8M | -$45.7M | -$35.8M | -$37.4M | -$37.5M | -$40.6M | -$41M | -$42.5M | -$38.9M | -$26.8M | -$20.4M | -$20.4M | -$21.6M | -$22.5M | -$22.7M | -$22.9M | -$22.8M | -$23M | -$22.9M | -$40.8M | -$37.6M | -$37.6M | -$30.3M | -$27.7M |
| Other Financing Activities | -$31M | $25M | $33M | -$4M | -$44M | -$67M | -$31M | -$14M | -$7M | -$14M | -$92M | $5.1M | -$20.6M | -$8.8M | -$4M | -$18.9M | -$4.6M | $4.3M | $9.5M | $7.6M | -$11.6M | -$900K | -$15.5M | $200K | -$3.9M | -$3.7M | -$2.4M | -$56.7M | -$500K | -$4.1M | -$5.7M | -$1.7M | $1.2M | -$1.1M | -$6.9M | $300K | -$5.9M |
| Net Cash from Financing | -$344M | -$4.79B | -$662M | $485M | -$894M | -$602M | -$46M | -$1.04B | -$1.07B | -$387M | $1.74B | -$845.3M | -$204M | -$486.9M | -$216.8M | -$459.6M | $100.8M | -$205.5M | -$412.4M | $680.2M | -$410.7M | -$168.1M | -$463.9M | $741.4M | -$140.4M | -$134.2M | -$211.5M | $536.5M | -$36.3M | $98.2M | -$41.5M | -$149.2M | -$47.4M | $65.1M | $49.9M | -$19.2M | $4.2M |
| Forex Effect | $28M | -$107M | $4M | -$21M | -$29M | -$74M | -$2M | -$51M | -$9M | -$106M | $9.5M | -$400K | -$14M | -$2M | $20.2M | -$4M | $4.1M | -$28.3M | $5.3M | $2.3M | $4.2M | $4M | $1M | $3.6M | $0 | $0 | $0 | $528M | $0 | $0 | $0 | $0 | -$41.1M | $61.6M | $59.1M | -$38.8M | $9.5M |
| Net Change in Cash | $290M | $221M | $152M | -$21M | -$802M | -$425M | $1.08B | $269M | -$149M | $373M | $32.6M | -$224.6M | $241.9M | $8.3M | $13.8M | -$58.6M | $83.2M | -$24.2M | $100K | $90.5M | -$137.7M | $162.2M | -$222.7M | $176.1M | $57.5M | -$10.2M | $1.8M | $536.5M | -$143.7M | $164.1M | -$5.3M | $2.2M | -$47.4M | $65.1M | $49.9M | -$19.2M | $4.2M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $1.26B | $115M | $1.86B | $283M | $1.76B | $1.43B | $1.55B | $1.57B | $1.48B | $194M | $1.01B | $1.01B | $839M | $853.2M | $948.4M | $515.2M | $559.7M | $627.6M | $673M | $401.4M | $558.8M | $535.9M | $364M | $452.3M | $320.8M | $176.5M | $306M | $387.1M | $143.5M | $84.3M | $47.9M | $240.7M | $185.4M | $117M | $164.4M | $102.6M | $48.6M |
| Capital Expenditure | -$474M | -$484M | -$1.04B | -$1.65B | -$1.73B | -$1.11B | -$598M | -$816M | -$556M | -$606M | -$527.9M | -$390.8M | -$378.3M | -$305M | -$443.8M | -$250.2M | -$187.1M | -$306.9M | -$308.5M | -$279.6M | -$291.7M | -$196M | -$137.2M | -$158.4M | -$68.5M | -$98.7M | -$107M | -$922.6M | -$97.7M | -$196.1M | -$206.2M | -$94.5M | -$140.9M | -$110.2M | -$95.8M | -$33.7M | -$55.7M |
| Free Cash Flow | $788M | -$369M | $818M | -$1.37B | $34M | $319M | $950M | $750M | $922M | -$412M | $478.8M | $621.7M | $460.7M | $548.2M | $504.6M | $265M | $372.6M | $320.7M | $364.5M | $121.8M | $267.1M | $339.9M | $226.8M | $293.9M | $252.3M | $77.8M | $199M | -$535.5M | $45.8M | -$111.8M | -$158.3M | $146.2M | $44.5M | $6.8M | $68.6M | $68.9M | -$7.1M |
| Cash at Beginning | $931M | $710M | $558M | $579M | $1.38B | $1.81B | $728M | $459M | $597M | $224M | $191.4M | $416M | $174.1M | $165.8M | $152M | $210.6M | $127.4M | $151.6M | $151.5M | $61M | $198.7M | $36.5M | $259.2M | $83.1M | $25.6M | $35.8M | $34M | $25.5M | $169.2M | $5.1M | $10.4M | $8.2M | $14.5M | $11M | $30M | $10.4M | $15.7M |
| Cash at End | $1.22B | $931M | $710M | $558M | $579M | $1.38B | $1.81B | $728M | $448M | $597M | $224M | $191.4M | $416M | $174.1M | $165.8M | $152M | $210.6M | $127.4M | $151.6M | $151.5M | $61M | $198.7M | $36.5M | $259.2M | $83.1M | $25.6M | $35.8M | $562M | $25.5M | $169.2M | $5.1M | $10.4M | -$32.9M | $76.1M | $79.9M | -$8.8M | $19.9M |