CNH Industrial N.V. (CNH)
CNH Industrial N.V. operates as a multinational producer of heavy-duty industrial machinery, specializing in a diverse portfolio that includes both agricultural and construction equipment. A testament to its legacy, the highly recognized Case IH brand has been a trusted partner to farmers for generations. The company's reach is extensive, supported by a robust global distribution network comprising over 3,600 dealer and distribution outlets. To boost accessibility and sales, CNH also operates a dedicated financial services division, offering retail financing directly to end-customers and crucial wholesale funding to its widespread dealer base.
Sector: Construction Machinery & Equip
Industry: Agricultural - Machinery
CNH Industrial N.V.
NYSE:CNHIndustrials · Agricultural - Machinery
PrePre-market+0.52%$11.62
Close$11.560.00%AH$11.56+0.52%Now$11.62
Close$11.56+2.76%AH$11.56+0.52%since
Mkt Cap$18.59B
Float868.51M
O/S1.61B
PM VOL332 sh
$ Vol≈$4K
RVOL0.11×
Inst Own56.5%
SI5.5%
Div Yield0.87%
Dilution
Financials Summary
Revenue$18.09B
Net Income$510M
Total Assets$42.75B
Free Cash Flow$2B
Debt & Equity
Debt 78%
Equity 22%
Total Debt$27.03B
Total Equity$7.73B
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:5Reverse splitApr 1, 20035 shares → 1
Balance Sheet Details
Assets$42.75B
Liabilities$34.92B
Accounts Receivable$23.53B
Accounts Payable$2.25B
Inventory$4.65B
PP&E (Net)$3.77B
Goodwill$3.62B
Intangible Assets$1.09B
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $18.09B | $19.84B | $24.69B | $23.55B | $19.49B | $14.78B | $28.08B | $29.71B | $27.7B | $25.09B | $25.91B | $32.55B | $33.84B | $32.8B | $19.18B | $15.61B | $13.76B | $18.48B | $15.96B | $13B | $12.57B | $12.18B |
| YoY Growth | -8.8% | -19.7% | 4.8% | 20.8% | 31.9% | -47.4% | -5.5% | 7.3% | 10.4% | -3.2% | -20.4% | -3.8% | 3.2% | 71.0% | 22.9% | 13.4% | -25.5% | 15.7% | 22.8% | 3.4% | 3.3% | - |
| Cost of Revenue | $12.39B | $13.35B | $16.84B | $16.58B | $14.1B | $11.15B | $21.76B | $23.23B | $21.83B | $19.78B | $20.36B | $26.81B | $26.55B | $25.57B | $14.74B | $12.01B | $10.86B | $14.05B | $12.15B | $9.93B | $9.93B | $9.78B |
| Gross Profit | $5.71B | $6.49B | $7.85B | $6.97B | $5.4B | $3.63B | $6.32B | $6.48B | $5.87B | $5.04B | $5.55B | $5.75B | $7.29B | $7.23B | $4.45B | $3.6B | $2.9B | $4.42B | $3.81B | $3.06B | $2.64B | $2.4B |
| Gross Margin | 31.5% | 32.7% | 31.8% | 29.6% | 27.7% | 24.5% | 22.5% | 21.8% | 21.2% | 20.1% | 21.4% | 17.7% | 21.5% | 22.0% | 23.2% | 23.0% | 21.1% | 23.9% | 23.9% | 23.6% | 21.0% | 19.7% |
| Research and Development | $1.02B | $924M | $1.04B | $866M | $642M | $493M | $1.03B | $1.06B | $957M | $860M | $856M | $1.11B | $1.22B | $1.13B | $526M | $451M | $398M | $422M | $409M | $367M | $296M | $267M |
| Selling, General, and Administrative | $1.88B | $1.71B | $1.86B | $1.75B | $1.45B | $1.3B | $2.22B | $2.35B | $2.31B | $2.26B | $2.32B | $2.92B | $3.09B | $3.04B | $1.84B | $1.7B | $1.49B | $1.7B | $1.44B | $1.25B | $1.18B | $1.11B |
| Other | $22M | $0 | $0 | $0 | $0 | $0 | -$250M | -$256M | -$305M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $2.92B | $2.64B | $2.9B | $2.62B | $2.1B | $1.79B | $3B | $3.16B | $2.97B | $3.12B | $3.17B | $4.03B | $4.32B | $4.17B | $2.37B | $2.15B | $1.88B | $2.12B | $1.84B | $1.61B | $1.48B | $1.38B |
| Operating Income (EBIT) | $2.78B | $3.85B | $4.95B | $4.36B | $3.3B | $1.84B | $3.32B | $3.33B | $2.9B | $1.92B | $2.38B | $2.85B | $2.86B | $3.07B | $2.08B | $1.45B | $1.01B | $2.3B | $1.97B | $1.45B | $1.16B | $1.02B |
| Operating Margin | 15.4% | 19.4% | 20.0% | 18.5% | 16.9% | 12.4% | 11.8% | 11.2% | 10.5% | 7.6% | 9.2% | 8.7% | 8.4% | 9.4% | 10.8% | 9.3% | 7.4% | 12.5% | 12.3% | 11.2% | 9.2% | 8.4% |
| Interest Expense | $1.48B | $1.61B | $1.34B | $734M | $549M | $660M | $798M | $812M | $884M | $1.02B | $1.1B | $1.31B | $1.21B | $1.21B | $786M | $830M | $671M | $765M | $701M | $578M | $551M | $492M |
| Interest Income | $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) | -$2.09B | -$2.25B | -$2.06B | -$1.57B | -$1.27B | -$1.95B | -$2.14B | -$1.81B | -$2.15B | $0 | -$1.77B | -$1.67B | -$1.36B | -$1.63B | -$809M | -$933M | -$1.14B | -$1.09B | -$1.04B | -$977M | -$856M | -$861M |
| Income Before Tax (EBT) | $689M | $1.59B | $2.88B | $2.79B | $2.03B | -$113M | $1.18B | $1.52B | $747M | $49M | $608M | $1.18B | $1.5B | $1.44B | $1.27B | $515M | -$130M | $1.21B | $928M | $473M | $305M | $159M |
| Income Tax Expense | $184M | $336M | $594M | $747M | $229M | $85M | -$271M | $417M | $457M | $298M | $360M | $467M | $671M | $564M | $343M | $77M | $92M | $385M | $354M | $165M | $116M | $39M |
| Net Income | $510M | $1.25B | $2.27B | $2.03B | $1.72B | -$493M | $1.42B | $1.07B | $272M | -$252M | $253M | $710M | $677M | $756M | $939M | $452M | -$190M | $825M | $559M | $292M | $163M | $125M |
| Net Income Margin | 2.8% | 6.3% | 9.2% | 8.6% | 8.8% | -3.3% | 5.1% | 3.6% | 1.0% | -1.0% | 1.0% | 2.2% | 2.0% | 2.3% | 4.9% | 2.9% | -1.4% | 4.5% | 3.5% | 2.2% | 1.3% | 1.0% |
| Supplementary Data | ||||||||||||||||||||||
| EPS | 0.41 | 0.99 | 1.71 | 1.50 | 1.27 | -0.36 | 1.05 | 0.79 | 0.20 | -0.19 | 0.19 | 0.52 | 0.54 | 0.16 | 1.02 | 0.50 | -0.21 | 0.91 | 0.62 | 0.36 | 0.32 | 0.00 |
| Diluted EPS | 0.41 | 0.99 | 1.69 | 1.49 | 1.27 | -0.36 | 1.05 | 0.78 | 0.20 | -0.19 | 0.19 | 0.52 | 0.54 | 0.16 | 1.02 | 0.49 | -0.21 | 0.91 | 0.62 | 0.32 | 0.18 | 0.00 |
| Weighted Average OS | 1.25B | 1.25B | 1.33B | 1.35B | 1.35B | 1.37B | 1.35B | 1.36B | 1.36B | 1.36B | 1.36B | 1.35B | 1.26B | 4.68B | 920.25M | 910.30M | 908.77M | 908.38M | 906.47M | 815.36M | 512.95M | 0 |
| EBITDA | $2.8B | $3.67B | $4.61B | $3.88B | $2.98B | $1.02B | $3.18B | $4.67B | $4.25B | $2.28B | $3.53B | $3.99B | $3.96B | $4.11B | $3.1B | $1.86B | $1.41B | $2.68B | $2.34B | $1.77B | $1.47B | $976M |
| EBITDA Margin | 15.5% | 18.5% | 18.7% | 16.5% | 15.3% | 6.9% | 11.3% | 15.7% | 15.3% | 9.1% | 13.6% | 12.2% | 11.7% | 12.5% | 16.2% | 11.9% | 10.2% | 14.5% | 14.6% | 13.6% | 11.7% | 8.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | ||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||
| Cash and Cash Equivalents | $2.58B | $3.19B | $4.32B | $4.38B | $5.04B | $8.79B | $4.88B | $5.03B | $5.43B | $5.02B | $5.38B | $5.16B | $5.57B | $5.2B | $3B | $4.53B | $1.26B | $633M | $1.02B | $1.17B | $1.25B | $931M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.12B | $1.76B | $2.25B | $2.06B | $1.23B | $497M | $580M | $1.15B |
| Cash and Short-Term Investments | $2.58B | $3.19B | $4.32B | $4.38B | $5.04B | $8.79B | $4.88B | $5.03B | $5.43B | $5.02B | $5.38B | $5.16B | $5.57B | $5.2B | $7.11B | $6.29B | $3.51B | $2.69B | $2.26B | $1.67B | $1.82B | $2.08B |
| Accounts Receivable | $23.53B | $23.38B | $24.76B | $19.73B | $15.57B | $18.96B | $19.84B | $19.57B | $20.29B | $19.29B | $19.58B | $22.53B | $23.34B | $21.93B | $8.81B | $8.62B | $5.19B | $6.65B | $6.72B | $3.68B | $3.19B | $3.17B |
| Inventory | $4.65B | $4.78B | $5.54B | $4.81B | $4.22B | $6.02B | $7.08B | $6.73B | $6.45B | $5.61B | $5.69B | $7.01B | $7.41B | $6.26B | $3.66B | $2.94B | $3.3B | $4.49B | $3.49B | $2.73B | $2.47B | $2.52B |
| Other Current Assets | $651M | $675M | $723M | $753M | $14.35B | $844M | $898M | $772M | $770M | $837M | $927M | $978M | $922M | $885M | $1.66B | $1.46B | $1.11B | $396M | $804M | $587M | $534M | $374M |
| Total Current Assets | $31.41B | $32.02B | $35.35B | $29.67B | $39.17B | $34.61B | $32.7B | $32.09B | $32.94B | $30.75B | $31.58B | $35.67B | $37.24B | $34.28B | $21.24B | $19.3B | $13.11B | $14.59B | $13.27B | $8.78B | $8.12B | $8.23B |
| Long-Term Assets | ||||||||||||||||||||||
| Property, Plant & Equipment Net | $3.77B | $3.4B | $3.33B | $3.03B | $3.21B | $6.9B | $7.13B | $7.67B | $8.68B | $8.3B | $8.32B | $8.38B | $8.15B | $6.97B | $2.6B | $2.41B | $2.41B | $2.22B | $2.02B | $1.63B | $1.49B | $1.69B |
| Goodwill | $3.62B | $3.58B | $3.61B | $3.32B | $3.21B | $1.92B | $2.54B | $2.45B | $2.47B | $2.45B | $2.45B | $2.48B | $2.5B | $2.51B | $2.41B | $2.38B | $2.37B | $2.35B | $2.38B | $2.37B | $2.39B | $2.4B |
| Intangible Assets | $1.09B | $1.22B | $1.29B | $1.13B | $1.21B | $772M | $806M | $788M | $792M | $787M | $810M | $850M | $810M | $780M | $671M | $679M | $717M | $758M | $760M | $708M | $749M | $834M |
| Long-Term Investments | $437M | $490M | $479M | $385M | $333M | $921M | $631M | $526M | $561M | $487M | $527M | $605M | $645M | $594M | $6.19B | $5.9B | $3.65B | $4.54B | $4.4B | $3.33B | $3.1B | $3.18B |
| Deferred Tax Assets | $1.21B | $927M | $979M | $433M | $421M | $1.45B | $1.13B | $591M | $852M | $937M | $1.25B | $1.75B | $1.68B | $1.53B | $542M | $536M | $542M | $583M | $601M | $786M | $518M | $858M |
| Other Long-Term Assets | $1.22B | $1.29B | $1.22B | $1.41B | $1.86B | $2.14B | $2.42B | $1.97B | $2B | $1.83B | $1.75B | $2.17B | $2.82B | $2.3B | $436M | -$157M | -$136M | -$161M | -$289M | -$116M | $440M | $19M |
| Total Long-Term Assets | $11.34B | $10.91B | $10.91B | $9.71B | $10.24B | $14.11B | $14.65B | $14.01B | $15.36B | $14.8B | $15.1B | $16.24B | $16.61B | $14.69B | $12.85B | $11.75B | $9.56B | $10.29B | $9.88B | $8.7B | $8.68B | $8.99B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $42.75B | $42.93B | $46.27B | $39.38B | $49.42B | $48.72B | $47.35B | $46.1B | $48.3B | $45.55B | $46.68B | $51.91B | $53.84B | $48.97B | $34.09B | $31.05B | $22.67B | $24.88B | $23.14B | $17.49B | $16.8B | $17.22B |
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payable | $2.25B | $2.29B | $3.61B | $3.7B | $3.53B | $6.36B | $5.63B | $5.89B | $6.06B | $5.18B | $5.34B | $5.98B | $7.37B | $6.39B | $2.95B | $2.37B | $1.92B | $2.73B | $2.91B | $1.88B | $1.61B | $1.66B |
| Short-Term Debt | $10.02B | $10.84B | $11.48B | $0 | $10.06B | $11.54B | $10.47B | $10.45B | $11.49B | $10.27B | $9.6B | $11.03B | $10.3B | $0 | $8.48B | $7.76B | $4.36B | $6.01B | $5.76B | $2.33B | $2.58B | $2.94B |
| Current Income Tax Payable | $0 | $0 | $704M | $506M | $671M | $654M | $696M | $685M | $765M | $714M | $528M | $680M | $973M | $792M | $1.1B | $794M | $532M | $303M | $455M | $374M | $61M | $170M |
| Current Unearned Revenue | $122M | $72M | $50M | $33M | $20M | $1.38B | $1.24B | $1.37B | $1.5B | $0 | $0 | $0 | $0 | $0 | $143M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $459M | $376M | $524M | $535M | $2.38B | -$10.86B | -$9.91B | -$9.77B | -$10.74B | -$9.65B | -$9.04B | -$10.37B | -$9.47B | $862M | $2.23B | $2.2B | $1.98B | $1.89B | $1.94B | $1.74B | $1.04B | $1.03B |
| Total Current Liabilities | $14.11B | $14.8B | $17.46B | $5.63B | $17.72B | $9.74B | $8.77B | $9.23B | $9.69B | $7.17B | $7.04B | $8.06B | $9.93B | $8.74B | $15.36B | $13.47B | $8.95B | $11.12B | $11.25B | $6.44B | $6.03B | $6.37B |
| Long-Term Liabilities | ||||||||||||||||||||||
| Long-Term Debt | $16.74B | $16.04B | $15.85B | $22.96B | $20.9B | $26.05B | $24.85B | $24.45B | $25.89B | $25.28B | $26.3B | $29.59B | $29.87B | $27.05B | $8.63B | $8.54B | $5.05B | $5.35B | $3.88B | $4.07B | $3.71B | $4.02B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $1.38B | $1.24B | $1.37B | $1.5B | $2.43B | $2.15B | $1.96B | $1.9B | $1.42B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $17M | $28M | $35M | $85M | $125M | $112M | $172M | $114M | $94M | $84M | $334M | $452M | $385M | $210M | $186M | $107M | $54M | $16M | $64M | $47M | $54M | $67M |
| Other Long-Term Liabilities | $3.79B | $4.01B | $4.47B | $3.5B | $3.63B | $5.95B | $5.72B | $5.84B | $6.87B | $6.07B | $5.95B | $6.81B | $6.72B | $6.72B | $2B | $1.56B | $1.8B | $1.82B | $1.53B | $1.7B | $1.86B | $1.64B |
| Total Long-Term Liabilities | $20.82B | $20.36B | $20.66B | $26.77B | $24.84B | $33.95B | $32.43B | $31.77B | $34.36B | $33.91B | $34.78B | $38.87B | $38.94B | $35.39B | $10.81B | $10.2B | $6.91B | $7.18B | $5.48B | $5.82B | $5.63B | $5.72B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $34.92B | $35.16B | $38.12B | $32.41B | $42.56B | $43.69B | $41.2B | $41B | $44.04B | $41.08B | $41.82B | $46.94B | $48.88B | $44.13B | $26.17B | $23.67B | $15.86B | $18.3B | $16.73B | $12.26B | $11.66B | $12.09B |
| Stockholders' Equity | ||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19M | $19M |
| Common Stock | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $2.56B | $603M | $599M | $595M | $595M | $595M | $592M | $315M | $312M |
| Retained Earnings | $10.51B | $10.31B | $9.65B | $7.91B | $4.82B | $3.28B | $3.81B | $2.6B | $1.76B | $1.79B | $2.24B | $2.29B | $1.97B | $1.69B | $1.6B | $658M | $210M | $396M | -$311M | -$763M | -$996M | -$1.13B |
| Comprehensive Income & Other | -$2.77B | -$2.71B | -$2.36B | -$2.28B | -$2.44B | -$2.68B | -$2B | -$1.86B | -$1.97B | -$1.77B | -$1.86B | -$1.74B | -$1.37B | -$911M | -$630M | $476M | $358M | -$97M | $342M | $3M | -$180M | -$35M |
| Other Stockholders' Equity | -$2.8B | -$2.68B | -$1.65B | -$1B | $1.94B | $1.6B | $2.25B | $2.42B | $2.44B | $2.63B | $2.54B | $2.61B | $2.91B | -$334M | $5.66B | $6.05B | $5.91B | $5.46B | $6.02B | $5.29B | $5.73B | $5.84B |
| Total Equity | $7.73B | $7.65B | $8.03B | $6.93B | $6.78B | $4.91B | $6.08B | $5.04B | $4.22B | $4.44B | $4.8B | $4.92B | $4.9B | $3.92B | $7.86B | $7.3B | $6.72B | $6.45B | $6.3B | $5.12B | $5.05B | $5.03B |
| Minority Interest | $95M | $117M | $120M | $49M | $75M | $122M | $75M | $55M | $33M | $28M | $59M | $55M | $66M | $908M | $63M | $75M | $92M | $121M | $117M | $109M | $91M | $106M |
| Total Liabilities and Equity | $42.65B | $42.82B | $46.15B | $39.33B | $49.34B | $48.6B | $47.28B | $46.05B | $48.27B | $45.52B | $46.62B | $51.86B | $53.78B | $48.06B | $34.03B | $30.98B | $22.57B | $24.75B | $23.03B | $17.38B | $16.71B | $17.12B |
| Supplementary Data | ||||||||||||||||||||||
| Total Debt | $27.03B | $27.16B | $27.63B | $23.19B | $31.16B | $38.05B | $35.78B | $34.89B | $37.39B | $35.6B | $35.95B | $40.69B | $40.24B | $27.05B | $17.11B | $16.3B | $9.41B | $11.36B | $9.64B | $6.4B | $6.29B | $6.96B |
| Net Debt | $24.46B | $23.97B | $23.3B | $18.81B | $26.11B | $29.26B | $30.9B | $29.86B | $31.96B | $30.59B | $30.57B | $35.53B | $34.68B | $21.85B | $14.11B | $11.77B | $8.14B | $10.72B | $8.61B | $5.23B | $5.04B | $6.03B |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | ||||||||||||||||||||||
| Net Income | $510M | $1.26B | $2.29B | $2.04B | $1.8B | -$198M | $1.45B | $1.1B | $290M | -$252M | $248M | $708M | $828M | $876M | $639M | $452M | -$190M | $825M | $559M | $292M | $163M | $125M |
| Depreciation & Amortization | $629M | $605M | $564M | $535M | $537M | $538M | $1.22B | $1.34B | $1.35B | $1.26B | $1.15B | $1.14B | $1.1B | $1.04B | $1.02B | $415M | $391M | $374M | $372M | $316M | $309M | $325M |
| Deferred Income Tax | -$198M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $65M | $0 | $0 | $0 | $0 | $0 | -$28M | -$67M | $86M | $158M | -$9M | $132M | $4M |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||
| Accounts Receivable | $708M | $1.01B | -$2.27B | -$2.45B | $191M | $1.01B | -$460M | -$180M | -$659M | -$92M | $279M | -$810M | -$658M | -$1.15B | -$701M | -$287M | $1.67B | $681M | -$1.77B | -$95M | -$197M | $911M |
| Inventory | $749M | $787M | -$259M | -$151M | -$555M | $1.22B | $440M | $112M | $682M | $769M | $473M | -$172M | -$1.21B | -$103M | -$1.29B | $323M | $1.36B | -$1.39B | -$489M | -$104M | -$102M | $85M |
| Accounts Payable | -$198M | -$1.19B | -$157M | $125M | $738M | $314M | -$179M | $280M | $344M | $96M | -$161M | -$862M | $963M | -$168M | $1.26B | $486M | -$935M | $56M | $784M | $126M | $103M | -$59M |
| Other Working Capital | -$321M | -$841M | $672M | $371M | $381M | $246M | -$862M | -$273M | $558M | $732M | $432M | $412M | $314M | -$88M | $776M | $106M | -$46M | $4M | $288M | $119M | $108M | -$377M |
| Total Working Capital Change | $938M | -$225M | -$2.01B | -$2.1B | $755M | $2.79B | -$1.06B | -$61M | $925M | $1.5B | $1.02B | -$1.43B | -$586M | -$1.5B | $43M | $628M | $2.05B | -$644M | -$1.18B | $46M | -$88M | $560M |
| Other Non-Cash Items | $659M | $329M | $68M | $85M | $989M | $2.39B | $218M | $179M | $300M | $186M | $369M | $265M | $177M | $431M | $460M | -$65M | $32M | $9M | -$1M | -$38M | $33M | -$44M |
| Net Cash from Operating | $2.54B | $1.97B | $907M | $557M | $4.08B | $5.53B | $1.83B | $2.55B | $2.87B | $2.77B | $2.79B | $681M | $1.52B | $842M | $2.17B | $1.4B | $2.21B | $650M | -$95M | $607M | $549M | $970M |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditures | -$543M | -$1.19B | -$1.2B | -$999M | -$921M | -$1.85B | -$1.96B | -$1.9B | -$2.23B | -$2.13B | -$2.51B | -$2.84B | -$2.67B | -$2.23B | -$1.97B | -$666M | -$520M | -$811M | -$715M | -$391M | -$266M | -$261M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $276M | $141M | $53M | $52M | $56M | $105M | $217M |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$22M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $462M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$837M | -$1.59B | -$2.5B | -$2.01B | -$4.08B | -$900M | -$25M | -$18M | $366M | $478M | $1.56B | $866M | -$1.12B | -$363M | -$361M | -$118M | $1.63B | -$3.03B | -$1.73B | -$99M | $677M | -$352M |
| Net Cash from Investing | -$1.38B | -$2.77B | -$3.7B | -$3.01B | -$5B | -$2.75B | -$1.99B | -$1.92B | -$1.87B | -$1.66B | -$948M | -$1.97B | -$3.79B | -$2.6B | -$2.33B | -$46M | $1.23B | -$3.79B | -$2.39B | -$434M | $516M | -$396M |
| Financing Activities | ||||||||||||||||||||||
| Debt Repaid | $21M | -$1.66B | -$1.72B | -$1.96B | $1.1B | -$1.66B | -$272M | $710M | $906M | $1.14B | $741M | -$2.05B | -$2.48B | -$1.86B | -$9.4B | -$254M | $1.22B | -$2.27B | $296M | -$459M | $292M | $100M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$100M | -$702M | -$652M | -$153M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$333M | -$607M | -$538M | -$423M | -$188M | -$8M | -$283M | -$243M | -$168M | -$201M | -$297M | -$382M | -$368M | -$616M | -$11M | $0 | $0 | -$118M | -$59M | -$59M | -$34M | -$33M |
| Other Financing Activities | -$1.57B | -$416M | $2.07B | $580M | -$157M | -$994M | $217M | $230M | $29M | -$196M | $119M | -$296M | $508M | -$644M | -$6.57B | $1M | -$15M | $4M | -$9M | -$9M | $0 | -$1M |
| Net Cash from Financing | -$2.02B | -$67M | $2.6B | $1.96B | -$1.45B | $659M | $206M | -$723M | -$1.04B | -$1.54B | -$919M | $1.38B | $2.62B | $599M | $2.81B | $946M | -$2.97B | $2.84B | $2.24B | -$276M | -$773M | -$277M |
| Forex Effect | $225M | -$308M | $110M | -$228M | -$403M | $418M | -$75M | -$308M | $395M | -$31M | -$698M | -$491M | $18M | $0 | -$300M | $967M | $154M | -$96M | $100M | $1.28B | $953M | $0 |
| Net Change in Cash | -$637M | -$1.18B | -$84M | -$716M | -$2.77B | $3.86B | -$30M | -$397M | $346M | -$457M | $221M | -$404M | $368M | -$1.16B | $2.35B | $3.27B | $630M | -$392M | -$149M | $1.17B | $1.25B | $0 |
| Supplementary Data | ||||||||||||||||||||||
| Operating Cash Flow | $2.54B | $1.97B | $907M | $557M | $4.08B | $5.53B | $1.83B | $2.55B | $2.87B | $2.73B | $2.79B | $681M | $1.52B | $842M | $2.17B | $1.4B | $2.21B | $650M | -$95M | $607M | $549M | $970M |
| Capital Expenditure | -$543M | -$1.19B | -$1.2B | -$999M | -$921M | -$846M | -$1.96B | -$1.9B | -$2.23B | -$2.13B | -$2.51B | -$2.84B | -$2.67B | -$2.23B | -$1.97B | -$666M | -$520M | -$811M | -$715M | -$391M | -$266M | -$261M |
| Free Cash Flow | $2B | $782M | -$288M | -$442M | $3.16B | $4.68B | -$136M | $652M | $630M | $592M | $279M | -$2.15B | -$1.14B | -$1.39B | $191M | $736M | $1.69B | -$161M | -$810M | $216M | $283M | $709M |
| Cash at Beginning | $3.87B | $5.04B | $5.13B | $5.84B | $9.63B | $5.77B | $5.8B | $6.2B | $5.85B | $6.31B | $5.16B | $5.57B | $5.2B | $6.36B | $4.01B | $1.26B | $633M | $1.02B | $1.17B | $0 | $0 | $0 |
| Cash at End | $3.23B | $3.87B | $5.04B | $5.13B | $6.86B | $9.63B | $5.77B | $5.8B | $6.2B | $5.85B | $5.38B | $5.16B | $5.57B | $5.2B | $6.36B | $4.53B | $1.26B | $633M | $1.02B | $1.17B | $1.25B | $931M |