CULLEN/FROST BANKERS, INC. (CFR)
Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services. It also provides consumer banking services, such as checking accounts, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, first mortgage loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds transmitting, and foreign exchange services; correspondent banking activities, including check clearing, transfer of funds, fixed income security services, and securities custody and clearance services. Further, it offers trust, investment, agency, and custodial services for individual and corporate clients; capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and support for international business activities, including foreign exchange, letters of credit, export-import financing, and other related activities. Additionally, the company offers insurance and securities brokerage services; holding of securities for investment purposes; and investment management services for mutual funds, institutions, and individuals. It serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. Cullen/Frost Bankers, Inc. was founded in 1868 and is headquartered in San Antonio, Texas.
Sector: National Commercial Banks
Industry: Banks - Regional
Cullen/Frost Bankers, Inc.
NYSE:CFRFinancial Services · Banks - Regional
-0.40%$157.05
AH Close$157.05+0.00%vs close
AH Close$157.05+0.00%vs close
Mkt Cap$9.76B
Float57.57M
O/S62.15M
Inst Own92.0%
SI7.7%
Div Yield2.59%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.92B
Net Income$648.56M
Total Assets$53.04B
Free Cash Flow$127.33M
Debt & Equity
Debt 50%
Equity 48%
Preferred 2%
Total Debt$4.77B
Total Equity$4.57B
Preferred Stock$145.45M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CFR's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$53.04B
Liabilities$48.47B
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$1.31B
Goodwill$0
Intangible Assets$0
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 | $2.92B | $2.85B | $2.65B | $1.88B | $1.4B | $1.49B | $1.5B | $1.4B | $1.23B | $1.14B | $1.08B | $1.02B | $945.32M | $920.4M | $913.02M | $899.37M | $916.74M | $962.97M | $1.04B | $924.71M | $740.21M | $618.65M | $584.31M | $590.87M | $644.56M | $677.5M | $598.9M | $564.6M | $505.8M | $443.9M | $343.8M | $282.3M | $265.8M | $251.8M | $288.7M | $323.5M | $349.9M | $0 | $0 | $0 |
| YoY Growth | 2.5% | 7.7% | 40.7% | 34.8% | -6.1% | -0.7% | 6.8% | 14.1% | 8.0% | 5.6% | 5.5% | 8.1% | 2.7% | 0.8% | 1.5% | -1.9% | -4.8% | -7.1% | 12.2% | 24.9% | 19.6% | 5.9% | -1.1% | -8.3% | -4.9% | 13.1% | 6.1% | 11.6% | 13.9% | 29.1% | 21.8% | 6.2% | 5.6% | -12.8% | -10.8% | -7.5% | - | - | - | - |
| Cost of Revenue | $728.8M | $851.01M | $705.22M | $187.44M | $23.96M | $286.26M | $163.54M | $114.99M | $61.98M | $63.75M | $64.71M | $30.85M | $42.53M | $36.83M | $68.69M | $97.49M | $151.75M | $179.45M | $264.77M | $228.95M | $128.81M | $64.61M | $65.73M | $98.67M | $185.05M | $203.67M | $163M | $170.5M | $158.2M | $136.5M | $110.1M | $69.2M | $55.7M | $72.4M | $132.7M | $194.9M | $221.3M | $0 | $0 | $0 |
| Gross Profit | $2.19B | $2B | $1.94B | $1.69B | $1.37B | $1.2B | $1.33B | $1.29B | $1.17B | $1.07B | $1.01B | $990.76M | $902.79M | $883.57M | $844.33M | $801.88M | $764.99M | $783.52M | $772.31M | $695.76M | $611.39M | $554.05M | $518.58M | $492.2M | $459.51M | $473.82M | $435.9M | $394.1M | $347.6M | $307.4M | $233.7M | $213.1M | $210.1M | $179.4M | $156M | $128.6M | $128.6M | $0 | $0 | $0 |
| Gross Margin | 75.0% | 70.1% | 73.4% | 90.0% | 98.3% | 80.7% | 89.1% | 91.8% | 95.0% | 94.4% | 94.0% | 97.0% | 95.5% | 96.0% | 92.5% | 89.2% | 83.4% | 81.4% | 74.5% | 75.2% | 82.6% | 89.6% | 88.8% | 83.3% | 71.3% | 69.9% | 72.8% | 69.8% | 68.7% | 69.2% | 68.0% | 75.5% | 79.0% | 71.2% | 54.0% | 39.8% | 36.8% | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $896.37M | $832.51M | $788.22M | $636.3M | $524.3M | $507.9M | $525.85M | $491.58M | $476.17M | $450.78M | $438.97M | $406.65M | $387.58M | $367.72M | $354.59M | $337.83M | $311.68M | $277.76M | $257.08M | $237.01M | $207.64M | $207.83M | $184.94M | $173.84M | $173.35M | $162.33M | $148.2M | $131.1M | $118.8M | $103.8M | $69.1M | $62.9M | $65.7M | $55.9M | $53.2M | $52.2M | $51.9M | $0 | $0 | $0 |
| Other | $522.98M | $470.25M | $440.44M | $387.97M | $357.7M | $341.01M | $308.83M | $287.24M | $282.89M | $282.18M | $254.75M | $248.09M | $224.33M | $207.38M | $203.5M | $197.71M | $220.56M | $208.89M | $205.37M | $173.34M | $159.37M | $137.2M | $141.1M | $138.3M | $166.31M | $141.48M | $139.1M | $145.3M | $116.2M | $106.3M | $93.3M | $92.6M | $106.4M | $97.7M | $102M | $84.4M | $73.8M | $2.4M | $2M | -$6.6M |
| Total Operating Expenses | $1.42B | $1.3B | $1.23B | $1.02B | $881.99M | $848.9M | $834.68M | $778.81M | $759.07M | $732.96M | $693.72M | $654.74M | $611.91M | $575.09M | $558.1M | $535.54M | $532.24M | $486.64M | $462.45M | $410.35M | $367.01M | $345.03M | $326.04M | $312.14M | $339.66M | $303.81M | $287.3M | $276.4M | $235M | $210.1M | $162.4M | $155.5M | $172.1M | $153.6M | $155.2M | $136.6M | $125.7M | $2.4M | $2M | -$6.6M |
| Operating Income (EBIT) | $771.7M | $695.97M | $712.37M | $668.83M | $489.54M | $351.32M | $499.47M | $508.68M | $408.36M | $341.41M | $319.8M | $336.02M | $290.88M | $308.48M | $286.24M | $266.34M | $232.75M | $296.88M | $309.86M | $285.41M | $244.39M | $209.02M | $192.54M | $180.05M | $119.86M | $170.01M | $148.6M | $117.7M | $112.6M | $97.3M | $71.3M | $57.6M | $38M | $25.8M | $800K | -$8M | $2.9M | $2.4M | $2M | -$6.6M |
| Operating Margin | 26.4% | 24.4% | 26.9% | 35.6% | 35.1% | 23.6% | 33.3% | 36.3% | 33.2% | 30.0% | 29.7% | 32.9% | 30.8% | 33.5% | 31.4% | 29.6% | 25.4% | 30.8% | 29.9% | 30.9% | 33.0% | 33.8% | 33.0% | 30.5% | 18.6% | 25.1% | 24.8% | 20.8% | 22.3% | 21.9% | 20.7% | 20.4% | 14.3% | 10.2% | 0.3% | -2.5% | 0.8% | - | - | - |
| Interest Expense | $684.6M | $786.02M | $659.05M | $184.44M | $23.9M | $45.03M | $129.78M | $93.31M | $26.52M | $12.08M | $12.86M | $14.54M | $21.95M | $26.75M | $41.24M | $53.88M | $86.36M | $141.63M | $250.11M | $214.8M | $118.56M | $62.11M | $55.19M | $75.86M | $144.76M | $189.57M | $150.6M | $160.1M | $149M | $128M | $103.8M | $69.2M | $61.8M | $73.3M | $122.7M | $162.9M | $192.4M | $0 | $0 | $0 |
| Interest Income | $2.42B | $2.39B | $2.22B | $1.48B | $1.01B | $1.02B | $1.13B | $1.05B | $892.95M | $788.41M | $749.5M | $701.47M | $642.5M | $631.61M | $623.02M | $617.34M | $623.04M | $675.65M | $768.85M | $683.96M | $509.83M | $393.54M | $368.95M | $389.9M | $460.98M | $512.33M | $447.6M | $428.1M | $384.1M | $339.7M | $256.1M | $205.5M | $189.6M | $190M | $231.2M | $272.9M | $299.4M | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $771.7M | $695.97M | $712.37M | $668.83M | $489.54M | $351.32M | $499.47M | $508.68M | $408.36M | $341.41M | $319.8M | $336.02M | $290.88M | $308.48M | $286.24M | $266.34M | $232.75M | $296.88M | $309.86M | $285.41M | $244.39M | $209.02M | $192.54M | $180.05M | $119.86M | $170.01M | $148.6M | $117.7M | $112.6M | $97.3M | $71.3M | $57.6M | $38M | $25.8M | $800K | -$8M | $2.9M | $0 | $0 | $0 |
| Income Tax Expense | $123.14M | $113.42M | $114.4M | $89.68M | $46.46M | $20.17M | $55.87M | $53.76M | $44.21M | $37.15M | $40.47M | $58.05M | $53.02M | $70.52M | $68.7M | $57.58M | $53.72M | $89.62M | $97.79M | $91.82M | $78.97M | $67.69M | $62.04M | $57.82M | $39.75M | $58.75M | $51M | $42.1M | $39.6M | $34.4M | $25M | $20.2M | -$700K | $8.2M | $600K | $200K | $200K | -$2.4M | -$2M | $6.6M |
| Net Income | $648.56M | $582.54M | $597.97M | $579.15M | $443.08M | $331.15M | $443.6M | $454.92M | $364.15M | $304.26M | $279.33M | $277.98M | $237.87M | $237.95M | $217.53M | $208.76M | $179.03M | $207.25M | $212.07M | $193.59M | $165.42M | $141.32M | $130.5M | $116.99M | $80.92M | $108.82M | $97.6M | $75.6M | $73M | $62.9M | $46.3M | $37.4M | $47.1M | $24.1M | $200K | -$8.2M | $2.7M | $2.4M | $2M | -$6.6M |
| Net Income Margin | 22.2% | 20.4% | 22.6% | 30.8% | 31.8% | 22.3% | 29.6% | 32.4% | 29.6% | 26.7% | 25.9% | 27.2% | 25.2% | 25.9% | 23.8% | 23.2% | 19.5% | 21.5% | 20.4% | 20.9% | 22.3% | 22.8% | 22.3% | 19.8% | 12.6% | 16.1% | 16.3% | 13.4% | 14.4% | 14.2% | 13.5% | 13.2% | 17.7% | 9.6% | 0.1% | -2.5% | 0.8% | - | - | - |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 10.02 | 8.88 | 9.11 | 8.84 | 6.79 | 5.11 | 6.88 | 6.97 | 5.56 | 4.73 | 4.31 | 4.32 | 3.82 | 3.87 | 3.55 | 3.44 | 3.00 | 3.51 | 3.60 | 3.49 | 3.15 | 2.74 | 2.54 | 2.29 | 1.57 | 2.09 | 1.83 | 1.42 | 1.38 | 1.19 | 1.02 | 0.83 | 1.95 | 0.57 | 0.01 | -0.22 | 0.07 | 0.07 | 0.06 | -0.21 |
| Diluted EPS | 9.92 | 8.87 | 9.08 | 8.79 | 6.74 | 5.09 | 6.81 | 6.90 | 5.51 | 4.70 | 4.28 | 4.29 | 3.80 | 3.86 | 3.54 | 3.44 | 3.00 | 3.50 | 3.55 | 3.42 | 3.07 | 2.66 | 2.48 | 2.29 | 1.57 | 2.03 | 1.78 | 1.38 | 1.34 | 1.16 | 1.01 | 0.83 | 1.93 | 0.57 | 0.01 | -0.22 | 0.07 | 0.07 | 0.06 | -0.21 |
| Weighted Average OS | 64.05M | 64.19M | 64.20M | 64.16M | 63.61M | 62.73M | 62.74M | 63.70M | 63.69M | 62.38M | 62.76M | 62.07M | 60.35M | 61.30M | 61.10M | 60.41M | 59.46M | 58.84M | 58.91M | 55.47M | 52.52M | 51.58M | 51.38M | 51.09M | 51.54M | 52.07M | 53.33M | 53.24M | 52.90M | 52.86M | 45.39M | 44.92M | 44.20M | 42.28M | 38.00M | 37.27M | 38.57M | 34.29M | 33.33M | 31.43M |
| EBITDA | $859.49M | $778.78M | $788.82M | $740.17M | $558.83M | $415.69M | $553.56M | $558.85M | $456.18M | $389.59M | $361.94M | $375.89M | $329.35M | $346.25M | $323.86M | $303.93M | $269.21M | $330.45M | $341.22M | $310.58M | $270.73M | $234.88M | $220.29M | $211.55M | $158.19M | $205.52M | $186M | $146.8M | $129.7M | $108.4M | $92.3M | $63.2M | $49.2M | $34.6M | $8.3M | $200K | $9.9M | $2.4M | $2M | -$6.6M |
| EBITDA Margin | 29.4% | 27.3% | 29.8% | 39.4% | 40.0% | 28.0% | 37.0% | 39.8% | 37.1% | 34.2% | 33.6% | 36.8% | 34.8% | 37.6% | 35.5% | 33.8% | 29.4% | 34.3% | 32.9% | 33.6% | 36.6% | 38.0% | 37.7% | 35.8% | 24.5% | 30.3% | 31.1% | 26.0% | 25.6% | 24.4% | 26.8% | 22.4% | 18.5% | 13.7% | 2.9% | 0.1% | 2.8% | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Assets | |||||||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $8.86B | $10.22B | $8.6B | $11.82B | $16.54B | $10.29B | $3.43B | $3.32B | $4.89B | $4.12B | $3.52B | $4.33B | $4.53B | $3.44B | $2.89B | $2.76B | $1.72B | $1.15B | $842.44M | $709.36M | $879.45M | $549.11M | $1.07B | $1.34B | $1B | $824.03M | $767.16M | $787.8M | $827.6M | $924.9M | $633.9M | $533.4M | $585.1M | $579.1M | $405.1M | $591.1M | $721.3M |
| Short-Term Investments | $1.12B | $15.04B | $16.58B | $18.24B | $13.92B | $10.44B | $11.27B | $11.39B | $10.49B | $10.2B | $9.21B | $8.46B | $5.9B | $6.2B | $7.79B | $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 | $9.98B | $25.26B | $25.18B | $30.06B | $30.47B | $20.73B | $14.7B | $14.71B | $15.38B | $14.33B | $12.73B | $12.79B | $10.43B | $9.64B | $10.68B | $2.76B | $1.72B | $1.15B | $842.44M | $709.36M | $879.45M | $549.11M | $1.07B | $1.34B | $1B | $824.03M | $767.16M | $787.8M | $827.6M | $924.9M | $633.9M | $533.4M | $585.1M | $579.1M | $405.1M | $591.1M | $721.3M |
| Accounts Receivable | $0 | $0 | $0 | $1.08B | $612.5M | $584.56M | $440.65M | $457.72M | $400.87M | $396.65M | $341.19M | $341.48M | $284.54M | $292.35M | $363.68M | $360.36M | $420.94M | $547.89M | $290.21M | $257.98M | $276.4M | $199.37M | $165.78M | $182.44M | $487.69M | $331.53M | $313.3M | $259.8M | $249M | $169.6M | $155M | $125.4M | $0 | $96.1M | $123M | $133.7M | $126.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current 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 |
| Total Current Assets | $9.98B | $25.26B | $25.18B | $31.14B | $31.08B | $21.31B | $15.14B | $15.17B | $15.78B | $14.72B | $13.07B | $13.14B | $10.71B | $9.94B | $11.04B | $3.12B | $2.14B | $1.7B | $1.13B | $967.34M | $1.16B | $748.49M | $1.24B | $1.52B | $1.49B | $1.16B | $1.08B | $1.05B | $1.08B | $1.09B | $788.9M | $658.8M | $585.1M | $675.2M | $528.1M | $724.8M | $847.6M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.31B | $1.25B | $1.19B | $1.1B | $1.05B | $1.05B | $1.01B | $552.33M | $520.96M | $525.82M | $559.12M | $442.17M | $313.33M | $315.93M | $319.04M | $316.91M | $324.1M | $267.02M | $219.62M | $219.53M | $182.36M | $170.03M | $168.61M | $171.26M | $148.87M | $149.89M | $142.98M | $137.3M | $128.7M | $101.6M | $89.5M | $88.7M | $86.7M | $82.4M | $80.5M | $70.4M | $71.9M |
| Goodwill | $0 | $0 | $0 | $654.95M | $654.95M | $654.95M | $654.95M | $654.95M | $654.95M | $654.95M | $654.67M | $654.67M | $536.65M | $535.51M | $528.07M | $527.68M | $527.68M | $526.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $386K | $866K | $1.56M | $2.48M | $3.65M | $5.07M | $6.78M | $8.8M | $12.13M | $6.34M | $8.15M | $10.6M | $14.34M | $19.46M | $24.27M | $290.21M | $257.98M | $276.4M | $199.37M | $165.78M | $182.44M | $487.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $39.93B | $24.02B | $22.2B | $19.57B | $17.84B | $19.16B | $16.65B | $15.07B | $14.42B | $14.07B | $14.01B | $13.81B | $12.56B | $12.08B | $8.25B | $13.43B | $13.13B | $12.3B | $11.09B | $10.62B | $9.08B | $8.06B | $7.47B | $6.89B | $6.6B | $6.14B | $5.74B | $5.68B | $4.84B | $3.69B | $3.32B | $3.05B | $2.83B | $2.39B | $2.47B | $2.46B | $2.58B |
| Deferred Tax 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 |
| Other Long-Term Assets | $1.81B | $1.99B | $2.28B | $425.91M | $257.28M | $215.22M | $567.83M | $842.58M | $361.54M | $213.33M | $258.69M | $218.27M | $181.75M | $252.53M | $166.88M | $206.32M | $146.82M | $220.87M | $482.22M | $856.37M | $1.14B | $854.57M | $679.09M | $833.79M | $5.52M | $217.52M | $34.95M | $0 | $100K | $100K | $100K | $0 | $133.8M | $0 | $0 | -$100K | $700K |
| Total Long-Term Assets | $43.06B | $27.26B | $25.66B | $21.75B | $19.8B | $21.08B | $18.89B | $17.13B | $15.96B | $15.47B | $15.49B | $15.14B | $13.6B | $13.19B | $9.28B | $14.5B | $14.15B | $13.33B | $12.35B | $12.26B | $10.59B | $9.2B | $8.44B | $8.01B | $6.88B | $6.5B | $5.92B | $5.82B | $4.97B | $3.79B | $3.41B | $3.13B | $3.05B | $2.48B | $2.55B | $2.53B | $2.66B |
| 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 |
| Total Assets | $53.04B | $52.52B | $50.85B | $52.89B | $50.88B | $42.39B | $34.03B | $32.29B | $31.75B | $30.2B | $28.57B | $28.28B | $24.31B | $23.12B | $20.32B | $17.62B | $16.29B | $15.03B | $13.49B | $13.22B | $11.74B | $9.95B | $9.67B | $9.54B | $8.37B | $7.66B | $7B | $6.87B | $6.05B | $4.89B | $4.2B | $3.79B | $3.64B | $3.15B | $3.08B | $3.25B | $3.5B |
| Liabilities | |||||||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $866.26M | $754.33M | $730.16M | $545.69M | $172.35M | $195.07M | $169.11M | $202.54M | $250.21M | $218.03M | $424.44M | $331.02M | $226.64M | $205.61M | $295.74M | $144.86M | $166.57M | $456.86M | $140.69M | $155.61M | $121.64M | $120.5M | $125.98M | $101.56M | $107.2M | $114.4M | $92.7M | $101.6M | $40.1M | $49.6M | $39.6M | $34M | $46.8M | $39.8M |
| Short-Term Debt | $4.54B | $4.36B | $4.14B | $4.71B | $2.77B | $2.12B | $1.7B | $1.37B | $1.15B | $976.99M | $893.52M | $803.12M | $668.25M | $561.06M | $722.2M | $475.67M | $738.61M | $1.33B | $933.07M | $864.19M | $740.53M | $506.34M | $421.8M | $811.22M | $305.38M | $363.11M | $333.46M | $305.6M | $200.8M | $174.1M | $111.4M | $370.2M | $166.5M | $122.2M | $88.1M | $140.6M | $287.7M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $42.92B | $42.72B | $41.92B | $43.95B | $42.7B | $35.02B | $27.64B | $27.15B | $26.87B | $25.81B | $24.34B | $24.14B | $20.69B | $19.5B | $16.76B | $14.48B | $13.31B | $11.51B | $10.53B | $10.39B | $9.15B | $8.11B | $8.07B | $7.63B | $7.1B | $6.5B | $5.95B | $5.85B | $5.17B | $4.24B | $3.65B | $3.09B | $3.15B | $2.77B | $2.77B | $2.88B | $2.98B |
| Total Current Liabilities | $47.46B | $47.09B | $46.06B | $49.53B | $46.22B | $37.86B | $29.88B | $28.69B | $28.22B | $26.96B | $25.44B | $25.19B | $21.58B | $20.48B | $17.81B | $15.18B | $14.26B | $13.13B | $11.61B | $11.42B | $10.34B | $8.75B | $8.65B | $8.56B | $7.52B | $6.99B | $6.39B | $6.26B | $5.48B | $4.51B | $3.86B | $3.5B | $3.37B | $2.93B | $2.89B | $3.06B | $3.31B |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $223.05M | $222.83M | $222.62M | $222.4M | $222.19M | $235.38M | $235.16M | $234.95M | $234.74M | $236.12M | $235.94M | $237.12M | $223.71M | $223.72M | $223.74M | $373.76M | $392.65M | $136.08M | $400.32M | $428.64M | $415.42M | $377.68M | $255.84M | $271.26M | $250.78M | $98.57M | $98.51M | $98.5M | $98.4M | $0 | $0 | $0 | $0 | $13.4M | $14.7M | $16.3M | $17.5M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 Long-Term Liabilities | $782.85M | $1.31B | $844.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$256.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | $0 | $100K | $0 | $0 | $0 | $100K | $0 | $0 | $600K |
| Total Long-Term Liabilities | $1.01B | $1.53B | $1.07B | $222.4M | $222.19M | $235.38M | $235.16M | $234.95M | $234.74M | $236.12M | $235.94M | $237.12M | $223.71M | $223.72M | $223.74M | $373.76M | $136.08M | $136.08M | $400.32M | $428.64M | $415.42M | $377.68M | $255.84M | $271.26M | $250.78M | $98.57M | $98.51M | $98.4M | $98.4M | $100K | $0 | $0 | $0 | $13.5M | $14.7M | $16.3M | $18.1M |
| 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 |
| Total Liabilities | $48.47B | $48.62B | $47.13B | $49.76B | $46.44B | $38.1B | $30.12B | $28.92B | $28.45B | $27.19B | $25.68B | $25.43B | $21.8B | $20.71B | $18.03B | $15.56B | $14.39B | $13.27B | $12.01B | $11.85B | $10.76B | $9.13B | $8.9B | $8.83B | $7.77B | $7.09B | $6.49B | $6.36B | $5.58B | $4.51B | $3.86B | $3.5B | $3.37B | $2.94B | $2.9B | $3.08B | $3.33B |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||||||
| Preferred Stock | $145.45M | $145.45M | $145.45M | $145.45M | $145.45M | $145.45M | $144.49M | $144.49M | $144.49M | $144.49M | $144.49M | $144.49M | $144.49M | $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 | $644K | $644K | $644K | $643K | $642K | $642K | $642K | $642K | $642K | $637K | $637K | $637K | $617K | $615K | $613K | $611K | $602K | $602K | $602K | $598K | $550K | $536K | $536K | $536K | $536K | $536K | $536K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $4.31B | $3.95B | $3.66B | $3.31B | $2.96B | $2.75B | $2.67B | $2.44B | $2.19B | $1.99B | $1.85B | $1.71B | $1.58B | $1.48B | $1.35B | $1.25B | $1.15B | $1.08B | $992.14M | $883.06M | $776.19M | $697.87M | $625.4M | $549.42M | $478.43M | $448.01M | $382.17M | $321.8M | $279M | $195.5M | $158.6M | $126M | $96M | $52M | $63.9M | $63.7M | $71.8M |
| Comprehensive Income & Other | -$842.95M | -$1.25B | -$1.12B | -$1.35B | $347.32M | $512.97M | $267.37M | -$63.6M | $79.51M | -$24.62M | $113.86M | $141.81M | $140.43M | $238.05M | $247.73M | $154.25M | $154.21M | $137.29M | -$7.38M | -$54.89M | -$56.62M | -$16.35M | $4.29M | $30.59M | -$14.01M | -$4.02M | -$39.11M | $7.7M | $8.9M | $7.6M | $8.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $263.22M | -$53.54M | $58.12M | -$173.09M | $1.48B | $1.54B | $1.24B | $928.27M | $1.11B | $1.02B | $1.04B | $1.14B | $938.26M | $941.02M | $928.16M | $811.59M | $743.72M | $682.76M | $484.35M | $493.23M | $205.49M | $123.99M | $144.06M | $153.83M | $115.95M | $124.48M | $126.61M | $191.1M | $183.9M | $183.4M | $182.9M | $169.4M | $177.5M | $154.1M | $112.3M | $109.7M | $107.5M |
| Total Equity | $4.57B | $3.9B | $3.72B | $3.14B | $4.44B | $4.29B | $3.91B | $3.37B | $3.3B | $3B | $2.89B | $2.85B | $2.51B | $2.42B | $2.28B | $2.06B | $1.89B | $1.76B | $1.48B | $1.38B | $982.24M | $822.39M | $770M | $703.79M | $594.92M | $573.03M | $509.31M | $512.9M | $462.9M | $378.9M | $341.5M | $295.4M | $273.5M | $206.1M | $176.2M | $173.4M | $179.3M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $98.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $53.04B | $52.52B | $50.85B | $52.89B | $50.88B | $42.39B | $34.03B | $32.29B | $31.75B | $30.2B | $28.57B | $28.28B | $24.31B | $23.12B | $20.32B | $17.62B | $16.29B | $15.03B | $13.49B | $13.22B | $11.74B | $9.95B | $9.67B | $9.54B | $8.37B | $7.66B | $7B | $6.87B | $6.05B | $4.89B | $4.2B | $3.79B | $3.64B | $3.15B | $3.08B | $3.25B | $3.5B |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Total Debt | $4.77B | $4.59B | $4.36B | $4.93B | $2.99B | $2.35B | $1.93B | $1.6B | $1.38B | $1.21B | $1.13B | $1.04B | $891.97M | $784.78M | $945.94M | $849.43M | $1.13B | $1.47B | $1.33B | $1.29B | $1.16B | $884.02M | $677.65M | $1.08B | $556.16M | $461.68M | $431.97M | $404.1M | $299.2M | $174.1M | $111.4M | $370.2M | $166.5M | $135.6M | $102.8M | $156.9M | $305.2M |
| Net Debt | -$4.1B | -$5.63B | -$4.24B | -$6.89B | -$13.55B | -$7.94B | -$1.5B | -$1.72B | -$3.51B | -$2.91B | -$2.4B | -$3.29B | -$3.64B | -$2.66B | -$1.94B | -$1.91B | -$584.93M | $313.73M | $490.96M | $583.47M | $276.5M | $334.9M | -$393.04M | -$257.32M | -$444.99M | -$362.35M | -$335.19M | -$383.7M | -$528.4M | -$750.8M | -$522.5M | -$163.2M | -$418.6M | -$443.5M | -$302.3M | -$434.2M | -$416.1M |
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 | 2025-12-31 | 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 | $648.56M | $582.54M | $597.97M | $579.15M | $443.08M | $331.15M | $443.6M | $454.92M | $364.15M | $304.26M | $279.33M | $277.98M | $237.87M | $237.95M | $217.53M | $208.76M | $179.03M | $207.25M | $212.07M | $193.59M | $165.42M | $141.32M | $130.5M | $116.99M | $80.92M | $108.82M | $97.6M | $75.6M | $73M | $62.9M | $46.3M | $37.4M | $38.7M | $17.6M | $200K | -$8.2M | $2.7M |
| Depreciation & Amortization | $87.78M | $82.82M | $76.44M | $71.34M | $69.29M | $64.37M | $54.09M | $50.17M | $47.81M | $48.18M | $42.14M | $39.87M | $38.47M | $37.78M | $37.63M | $37.59M | $36.46M | $33.57M | $31.36M | $25.17M | $26.34M | $25.86M | $27.75M | $31.49M | $38.33M | $35.51M | $37.4M | $29.1M | $17.1M | $11.1M | $21M | $5.6M | $11.2M | $8.8M | $7.5M | $8.2M | $7M |
| Deferred Income Tax | $5.37M | -$11.6M | -$14.83M | -$4.92M | $7.78M | -$15.83M | $7.61M | $52.92M | -$14.49M | -$11.6M | -$19.06M | -$4.13M | $3.28M | -$6.41M | $8.17M | $4.64M | -$9.85M | $11.42M | $857K | -$1.27M | $555K | $5.32M | -$3.78M | -$7.82M | -$7.5M | -$1.78M | -$6.1M | -$5.6M | -$6.7M | -$3.9M | -$1.2M | $2.1M | -$6.4M | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $24.75M | $19.76M | $24.59M | $18.32M | $12.75M | $13.92M | $15.95M | $13.94M | $13.01M | $11.8M | $12.74M | $12.5M | $11.96M | $12.84M | $15.96M | $14.93M | $12.64M | $10.17M | $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 | -$7.67M | $259.14M | -$232.66M | -$116.24M | -$46.56M | -$158.26M | -$15.57M | -$85.9M | -$55.18M | -$7.39M | -$13.04M | -$73.36M | -$8M | $48.18M | -$15.5M | $69.83M | $68.16M | -$148.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$559.28M | -$51M | -$84.99M | $61.14M | $38.82M | $27.15M | -$18.38M | -$24.25M | $71.17M | -$5.95M | -$13.29M | -$27.7M | -$170.39M | -$30.29M | -$10.52M | $22.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $21.14M | $21.62M | $21.35M | $23.69M | $22.94M | $23.77M | $19.91M | -$2.66M | -$3.84M | -$124K | -$1.15M | $972K | $14.69M | -$16.46M | $1.49M | $25.05M | -$66.16M | $107.78M | -$37.59M | -$263.4M | -$77.54M | -$47.54M | $59.57M | -$2.95M | $8.84M | -$4.56M | $1.6M | -$3.4M | -$1.9M | -$2.4M | $31.7M | -$3.1M | -$1.6M | $2.9M | $6.6M | $16.4M | -$34.9M |
| Total Working Capital Change | -$545.81M | $229.76M | -$296.31M | -$31.41M | $15.21M | -$107.34M | -$14.04M | -$112.81M | $12.15M | -$13.46M | -$27.48M | -$100.09M | -$163.7M | $1.42M | -$24.53M | $117.81M | $2M | -$40.45M | -$37.59M | -$263.4M | -$77.54M | -$47.54M | $59.57M | -$2.95M | $8.84M | -$4.56M | $1.6M | -$3.4M | -$1.9M | -$2.4M | $31.7M | -$3.1M | -$1.6M | $2.9M | $6.6M | $16.4M | -$34.9M |
| Other Non-Cash Items | $53.32M | $86.25M | $90.97M | $90.09M | $100.18M | $237.98M | $126.88M | $103.24M | $115.45M | $98.67M | $107.2M | $63.72M | $45.73M | $16.42M | $19.6M | $40.8M | $53.65M | $12.41M | -$5.42M | -$7.23M | $17.66M | $3.82M | -$11.68M | $134.49M | -$29.06M | -$7.78M | $6.1M | $19.6M | -$33.3M | $8.9M | -$11.9M | $5.1M | $1.1M | $25.6M | $18.2M | $29M | $22.5M |
| Net Cash from Operating | $273.98M | $989.53M | $478.85M | $722.58M | $648.29M | $524.24M | $634.09M | $562.39M | $538.08M | $437.84M | $394.86M | $289.85M | $173.61M | $300M | $274.37M | $424.53M | $273.93M | $234.37M | $201.28M | -$53.13M | $132.44M | $128.78M | $202.36M | $272.2M | $91.52M | $130.2M | $136.6M | $115.3M | $48.2M | $76.6M | $85.9M | $47.1M | $43M | $54.9M | $32.5M | $45.4M | -$2.7M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$146.65M | -$127.78M | -$158.63M | -$102.5M | -$65.85M | -$95.42M | -$206.72M | -$79.27M | -$34.09M | -$53.65M | -$147.13M | -$131.97M | -$39.6M | -$24.89M | -$26.72M | -$16.83M | -$78.26M | -$67.47M | -$21.07M | -$27.29M | -$18.1M | -$15.4M | -$12.51M | -$40.95M | -$17.48M | -$25.21M | -$20.3M | -$18.8M | -$18.1M | -$21.4M | -$6.4M | -$16.4M | -$13.3M | -$11.7M | -$10.4M | -$5.9M | -$16.9M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$492K | $0 | $830.66M | -$1.9M | -$7.2M | -$650K | $0 | -$1.21M | -$586K | -$2.83M | -$100.07M | -$13.3M | -$7.06M | -$750K | $0 | -$4.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$21.5B | -$17.9B | -$20.27B | -$23.6B | -$24.22B | -$20.84B | -$23.96B | -$18.19B | -$13.53B | -$16.42B | -$14.15B | -$19.48B | -$11.44B | -$18.57B | -$8.84B | -$11.47B | -$12.39B | -$7.65B | -$13.59B | -$14.07B | -$10.76B | -$8.52B | -$8.6B | -$7.93B | -$6.67B | -$3.45B | -$2.17B | -$2.32B | -$1.39B | -$738.4M | -$807.5M | -$661.7M | -$1.59B | -$819.5M | -$622.6M | -$278M | -$565.5M |
| Sales of Investments | $21.17B | $19.81B | $21.17B | $16.24B | $20.6B | $22.12B | $23.44B | $17.33B | $14.07B | $15.55B | $13.55B | $17.29B | $11.38B | $17.66B | $6.32B | $10.89B | $11.14B | $7.61B | $13.54B | $14.01B | $10.97B | $8.48B | $8.05B | $7.73B | $6.18B | $3.47B | $2.65B | $2.08B | $1.38B | $856.4M | $931.8M | $659.8M | $1.46B | $841.8M | $421.4M | $299.9M | $267.3M |
| Other Investing Activities | -$1.13B | -$1.96B | -$1.68B | -$816.96M | $1.16B | -$2.81B | -$660.85M | -$970.09M | -$1.18B | -$448.5M | -$493.33M | -$788.79M | -$291.31M | -$1.22B | $90.1M | $197.37M | $411.69M | -$1.12B | -$386.95M | -$178.77M | -$594.94M | -$571.64M | -$53.98M | -$44.21M | -$117.68M | -$385.02M | -$438M | -$413M | -$326.2M | -$312.5M | -$197.6M | -$222.8M | $127.4M | $68.2M | $156.5M | $56.9M | $162.8M |
| Net Cash from Investing | -$1.6B | -$180.88M | -$942.75M | -$8.28B | -$2.53B | -$1.63B | -$1.39B | -$1.91B | -$670.6M | -$1.37B | -$1.24B | -$2.28B | -$385.92M | -$2.16B | -$2.46B | -$399.82M | -$919.38M | -$1.23B | -$461.27M | -$368.95M | -$421.72M | -$633.4M | -$619.72M | -$289.21M | -$635.56M | -$385.97M | $22.3M | -$672.7M | -$347.3M | -$215.9M | -$79.7M | -$241.1M | -$11.5M | $78.8M | -$55.1M | $72.9M | -$152.3M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | $13.4M | - | - | - | $1.57M | - | - | - | $7K | $19K | $150.02M | $18.89M | $15K | $7.66M | $128.31M | $19.25M | $6.25M | -$121.83M | $15.41M | - | -$148.65M | - | - | - | - | - | - | - | $3.4M | $1.3M | $1.6M | $6.7M | $19.5M |
| Common Stock Issuance | $11.95M | $0 | $0 | $0 | $0 | $158.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.54M | $2.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$157.83M | -$60.9M | -$42.72M | -$4.39M | -$3.86M | -$165.78M | -$68.79M | -$101.01M | -$101.47M | -$1.29M | -$101.24M | -$1.46M | -$144.63M | -$436K | -$2.03M | -$986K | -$800K | -$23.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$255.36M | -$242.45M | -$232.32M | -$209.78M | -$188.79M | -$180.58M | -$177.01M | -$165.45M | -$144.17M | -$134.9M | -$132.16M | -$127.18M | -$119.62M | -$116.85M | -$112.21M | -$108.03M | -$102.13M | -$98.15M | -$90.82M | -$73.4M | -$61.5M | -$53.78M | -$48.48M | -$44.74M | -$43.3M | -$39.55M | -$36M | -$30.5M | -$22.3M | -$18.8M | -$12.7M | -$7.4M | -$1.7M | $0 | $0 | $0 | $0 |
| Other Financing Activities | $195.12M | $824.82M | -$2.02B | $1.28B | $7.73B | $7.38B | $511.13M | $308.46M | $1.13B | $1.55B | $222.52M | $1.85B | $1.26B | $2.75B | $2.29B | $1.21B | $1.82B | $1.02B | $248.98M | -$97.75M | $721.65M | $36.82M | $440.71M | $508.39M | $598.32M | $545.86M | -$117.6M | $454.2M | $240.9M | $373.7M | $374.7M | -$59.4M | -$66.3M | $3.4M | -$111.5M | -$102.4M | $129.3M |
| Net Cash from Financing | -$33.09M | $738.33M | -$2.88B | $3B | $8.17B | $7.61B | $585.06M | $253.66M | $1.04B | $1.49B | $71.46M | $1.8B | $1.24B | $2.47B | $2.27B | $1.07B | $1.13B | $1.04B | $11.92M | -$46.76M | $908.92M | $160.21M | -$8.39M | $950.26M | $635.66M | $492.74M | -$144.7M | $517.6M | $172.6M | $431.5M | $94.4M | $142.4M | -$25.6M | $40.2M | -$163.4M | -$248.6M | $115.3M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $0 | $0 | -$6.2M | $0 | -$31.5M | -$133.7M | $0 | -$118.3M | $0 |
| Net Change in Cash | -$1.36B | $1.55B | -$3.34B | -$4.55B | $6.29B | $6.5B | -$167.6M | -$1.1B | $911.6M | $549.92M | -$772.6M | -$192M | $1.03B | $617.39M | $86.61M | $1.1B | $484.15M | $40.82M | -$248.07M | -$468.84M | $619.64M | -$344.42M | -$425.74M | $933.25M | $91.62M | $236.97M | $14.3M | -$39.8M | -$126.5M | -$661.8M | -$533.4M | -$585M | -$579.1M | -$405.1M | -$591.1M | -$721.3M | -$761M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $273.98M | $989.53M | $478.85M | $722.58M | $648.29M | $524.24M | $634.09M | $562.39M | $538.08M | $437.84M | $394.86M | $289.85M | $173.61M | $300M | $274.37M | $424.53M | $273.93M | $234.37M | $201.28M | -$53.13M | $132.44M | $128.78M | $202.36M | $272.2M | $91.52M | $130.2M | $136.6M | $115.3M | $48.2M | $76.6M | $85.9M | $47.1M | $43M | $54.9M | $32.5M | $45.4M | -$2.7M |
| Capital Expenditure | -$146.65M | -$127.78M | -$158.63M | -$102.5M | -$65.85M | -$95.42M | -$206.72M | -$79.27M | -$34.09M | -$53.65M | -$147.13M | -$131.97M | -$39.6M | -$24.89M | -$26.72M | -$16.83M | -$78.26M | -$67.47M | -$21.07M | -$27.29M | -$18.1M | -$15.4M | -$12.51M | -$40.95M | -$17.48M | -$25.21M | -$20.3M | -$18.8M | -$18.1M | -$21.4M | -$6.4M | -$16.4M | -$13.3M | -$11.7M | -$10.4M | -$5.9M | -$16.9M |
| Free Cash Flow | $127.33M | $861.76M | $320.21M | $620.08M | $582.44M | $428.82M | $427.37M | $483.12M | $503.99M | $384.19M | $247.73M | $157.88M | $134.01M | $275.11M | $247.65M | $407.71M | $195.67M | $166.9M | $180.22M | -$80.42M | $114.34M | $113.38M | $189.85M | $231.25M | $74.04M | $104.98M | $116.3M | $96.5M | $30.1M | $55.2M | $79.5M | $30.7M | $29.7M | $43.2M | $22.1M | $39.5M | -$19.6M |
| Cash at Beginning | $10.23B | $8.69B | $12.03B | $16.58B | $10.29B | $3.79B | $3.96B | $5.05B | $4.14B | $3.59B | $4.36B | $4.56B | $3.52B | $2.91B | $2.82B | $1.72B | $1.24B | $1.2B | $1.44B | $1.91B | $1.29B | $1.64B | $2.06B | $1.13B | $1.04B | $802.11M | $787.8M | $827.6M | $954.1M | $661.8M | $533.4M | $585M | $579.1M | $405.1M | $591.1M | $721.3M | $761M |
| Cash at End | $8.87B | $10.23B | $8.69B | $12.03B | $16.58B | $10.29B | $3.79B | $3.96B | $5.05B | $4.14B | $3.59B | $4.36B | $4.56B | $3.52B | $2.91B | $2.82B | $1.72B | $1.24B | $1.2B | $1.44B | $1.91B | $1.29B | $1.64B | $2.06B | $1.13B | $1.04B | $802.1M | $787.8M | $827.6M | $938.1M | $627.8M | $727.4M | $553.5M | $445.3M | $427.7M | $472.7M | $876.3M |