ECOPETROL S.A. (EC)
Ecopetrol SA engages in the exploration, development, and production of crude oil and natural gas. It operates through the following segments: Exploration and Production, Transportation and Logistics, and Refining and Petrochemicals. The Exploration and Production segment deals with oil and gas exploration and production activities. The Transportation and Logistics segment comprises of pipelines and other transportation activities. The Refining and Petrochemicals segment involves in refining activities and its products include motor fuels, fuel oils, and petrochemicals. The company was founded in 1948 and is headquartered in Bogota, Colombia.
Sector: Crude Petroleum & Natural Gas
Industry: Oil & Gas Integrated
Ecopetrol S.A.
NYSE:ECEnergy · Oil & Gas Integrated
+4.64%$17.80
AH Close$17.80+0.00%vs close
AH Close$17.80+0.00%vs close
Mkt Cap$36.59B
Float2.06B
O/S2.06B
Inst Own1.4%
SI0.3%
Div Yield3.65%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$35.06B
Net Income$2.64B
Total Assets$89.25B
Free Cash Flow$5.09B
Debt & Equity
Debt 57%
Equity 43%
Total Debt$34.3B
Total Equity$26.31B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in EC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$89.25B
Liabilities$54.94B
Accounts Receivable$9.23B
Accounts Payable$4.95B
Inventory$2.7B
PP&E (Net)$33.64B
Goodwill$1.44B
Intangible Assets$4.41B
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $35.06B | $41.93B | $45.03B | $50.19B | $28.89B | $15.79B | $22.48B | $21.57B | $17.6B | $15.25B | $16.46B | $20.75B | $22.15B | $21.65B | $20.74B | $13.24B | $9.56B | $10.66B | $6.96B | $5.78B | $4.88B |
| YoY Growth | -16.4% | -6.9% | -10.3% | 73.7% | 82.9% | -29.7% | 4.2% | 22.6% | 15.4% | -7.4% | -20.7% | -6.3% | 2.3% | 4.4% | 56.7% | 38.4% | -10.3% | 53.1% | 20.4% | 18.5% | - |
| Cost of Revenue | $24.03B | $27.19B | $27.73B | $28.13B | $17.48B | $11.81B | $14.14B | $12.95B | $11.61B | $10.77B | $11.63B | $13.51B | $13.38B | $12.75B | $11.54B | $8.16B | $6.26B | $6B | $3.76B | $4.01B | $3.17B |
| Gross Profit | $11.02B | $14.73B | $17.3B | $22.06B | $11.41B | $3.98B | $8.34B | $8.62B | $5.99B | $4.48B | $4.83B | $7.23B | $8.77B | $8.9B | $9.2B | $5.07B | $3.3B | $4.66B | $3.2B | $1.77B | $1.7B |
| Gross Margin | 31.4% | 35.1% | 38.4% | 44.0% | 39.5% | 25.2% | 37.1% | 40.0% | 34.0% | 29.4% | 29.3% | 34.9% | 39.6% | 41.1% | 44.4% | 38.3% | 34.5% | 43.7% | 46.0% | 30.6% | 34.9% |
| Research and Development | $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 | $3.22B | $2.11B | $2.04B | $1.7B | $1.23B | $1.27B | $899.72M | $741.22M | $669.91M | $647.94M | $651.87M | $749.83M | $812.98M | $820.61M | $669.44M | $1.18B | $166.53M | $677.62M | $418.67M | $313.69M | $288.98M |
| Other | $0 | $523.29M | $2.13B | $1.42B | $849.14M | $448.04M | $826.33M | $818.82M | $233.86M | $1.03B | $3.51B | $1.94B | $1.09B | $743.37M | $657.23M | -$118.75M | $658.91M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $3.22B | $2.64B | $4.17B | $3.12B | $2.08B | $1.72B | $1.73B | $1.56B | $903.76M | $1.68B | $4.16B | $2.69B | $1.9B | $1.56B | $1.33B | $1.06B | $825.44M | $677.62M | $418.67M | $313.69M | $288.98M |
| Operating Income (EBIT) | $7.81B | $12.09B | $13.13B | $18.94B | $9.34B | $2.26B | $6.61B | $7.06B | $5.09B | $2.8B | $670.16M | $4.54B | $6.87B | $7.34B | $7.88B | $4.01B | $2.48B | $3.98B | $2.78B | $1.46B | $1.41B |
| Operating Margin | 22.3% | 28.8% | 29.2% | 37.7% | 32.3% | 14.3% | 29.4% | 32.7% | 28.9% | 18.4% | 4.1% | 21.9% | 31.0% | 33.9% | 38.0% | 30.3% | 25.9% | 37.3% | 40.0% | 25.2% | 29.0% |
| Interest Expense | $2.5B | $2.67B | $2.38B | $2.07B | $1.15B | $753.87M | $600.82M | $855.31M | $771.44M | $876.71M | $885.74M | $489.38M | $207.1M | $182.79M | $155.31M | $47.42M | $41.41M | $6.47M | $346K | $0 | $0 |
| Interest Income | $0 | $577.92M | $644.05M | $393.41M | $127.1M | $87.33M | $149.31M | $133.29M | $128.7M | $119.46M | $106.46M | $97.26M | $141.13M | $120.62M | $63.42M | $53.8M | $0 | $227.9M | $48.81M | $214.91M | $481.81M |
| Other Income (Expense) | -$2.29B | -$2.44B | -$1.53B | -$1.91B | -$1.03B | -$756.35M | -$409.92M | -$580.03M | -$755.39M | -$350.31M | -$2.42B | -$1.05B | $14.93M | -$317.98M | -$441.05M | -$394.59M | -$195.75M | $1.05B | -$582.11M | $80.28M | -$66.05M |
| Income Before Tax (EBT) | $5.52B | $9.66B | $11.6B | $17.03B | $8.31B | $1.5B | $6.2B | $6.48B | $4.33B | $2.45B | -$1.75B | $3.49B | $6.88B | $7.02B | $7.43B | $3.61B | $2.28B | $5.03B | $2.2B | $1.54B | $1.35B |
| Income Tax Expense | $1.73B | $3.84B | $3.62B | $5.96B | $2.77B | $641.07M | $1.48B | $2.6B | $1.82B | $1.43B | $223.38M | $1.71B | $2.54B | $2.24B | $2.5B | $1.02B | $664.77M | $1.38B | $587.77M | $471.61M | $325.33M |
| Net Income | $2.64B | $4.35B | $6.62B | $9.94B | $4.92B | $498.94M | $4.32B | $3.58B | $2.26B | $769.75M | -$2.26B | $1.59B | $4.12B | $4.65B | $4.86B | $2.56B | $1.61B | $3.66B | $1.61B | $1.07B | $1.02B |
| Net Income Margin | 7.5% | 10.4% | 14.7% | 19.8% | 17.0% | 3.2% | 19.2% | 16.6% | 12.8% | 5.0% | -13.7% | 7.6% | 18.6% | 21.5% | 23.4% | 19.4% | 16.9% | 34.3% | 23.2% | 18.4% | 21.0% |
| Supplementary Data | |||||||||||||||||||||
| EPS | 4075.40 | 6732.00 | 9272.15 | 16249.00 | 8120.79 | 821.08 | 7067.20 | 5744.63 | 3220.10 | 761.25 | -1939.71 | 3653.15 | 6375.27 | 7188.78 | 7516.33 | 4025.68 | 2536.07 | 5747.00 | 3343.86 | 3994.55 | 3832.40 |
| Diluted EPS | 4075.40 | 6732.00 | 9272.15 | 16249.00 | 8120.79 | 821.08 | 7067.20 | 5744.63 | 3220.10 | 761.25 | -1939.71 | 3653.15 | 6375.27 | 7188.78 | 7516.33 | 4025.68 | 2536.07 | 5747.00 | 3343.86 | 3994.55 | 3832.40 |
| Weighted Average OS | 2.05B | 2.06B | 2.06B | 2.06B | 2.06B | 2.06B | 2.06B | 2.06B | 2.06B | 2.06B | 2.06B | 2.06B | 2.06B | 2.06B | 2.03B | 2.02B | 2.02B | 2.02B | 1.54B | 849.00M | 849.00M |
| EBITDA | $12.56B | $17.53B | $18.81B | $23.21B | $12.81B | $5.46B | $9.74B | $9.87B | $7.92B | $5.89B | $1.13B | $5.97B | $8.8B | $8.92B | $9B | $5.01B | $3.39B | $5.82B | $3.33B | $1.46B | $1.41B |
| EBITDA Margin | 35.8% | 41.8% | 41.8% | 46.2% | 44.3% | 34.6% | 43.3% | 45.8% | 45.0% | 38.7% | 6.9% | 28.8% | 39.7% | 41.2% | 43.4% | 37.9% | 35.4% | 54.6% | 47.8% | 25.2% | 29.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | ||||||||||||||||||||
| Current Assets | ||||||||||||||||||||
| Cash and Cash Equivalents | $3.36B | $4.42B | $3.88B | $4.84B | $4.58B | $1.6B | $2.23B | $1.98B | $2.5B | $2.64B | $2.06B | $2.4B | $2.78B | $2.5B | $2.07B | $1.17B | $1.12B | $664.7M | $1.18B | $511.9M |
| Short-Term Investments | $577.36M | $267.77M | $585.18M | $365.44M | $511.67M | $690.12M | $510.68M | $1.67B | $933.27M | $1.69B | $390.78M | $754.52M | $500.92M | $431.3M | $481.72M | $0 | $145.36M | $1.18B | $1.87B | $616.87M |
| Cash and Short-Term Investments | $3.94B | $4.69B | $4.46B | $5.21B | $5.09B | $2.29B | $2.74B | $3.66B | $3.43B | $4.33B | $2.45B | $3.15B | $3.28B | $2.93B | $2.55B | $1.17B | $1.27B | $1.84B | $3.05B | $1.13B |
| Accounts Receivable | $9.23B | $6.06B | $10.02B | $11.95B | $5.46B | $1.38B | $1.61B | $2.49B | $1.85B | $1.23B | $979.08M | $1.26B | $1.61B | $1.65B | $1.46B | $860.54M | $933.66M | $1.85B | $707.84M | $420.21M |
| Inventory | $2.7B | $3.15B | $3.21B | $3.74B | $2.64B | $1.59B | $1.78B | $1.6B | $1.45B | $1.21B | $961.6M | $921.33M | $1.14B | $882.46M | $868.41M | $689.32M | $642.34M | $506.68M | $408.41M | $313.31M |
| Other Current Assets | $914.09M | $4.67B | $3.63B | $3.19B | $2.89B | $1.8B | $1.14B | $676.69M | $535.07M | $773.75M | $1.86B | $1.08B | $3.14B | $4.41M | $3.15M | $1.3M | $0 | $25.24M | $776.36M | $425.07M |
| Total Current Assets | $16.79B | $19.07B | $21.58B | $24.3B | $16.26B | $7.18B | $7.35B | $8.5B | $7.3B | $7.59B | $6.32B | $6.49B | $9.22B | $7.2B | $5.99B | $3.97B | $3.81B | $4.94B | $4.96B | $2.29B |
| Long-Term Assets | ||||||||||||||||||||
| Property, Plant & Equipment Net | $33.64B | $49.09B | $44.41B | $45.27B | $39.77B | $31.07B | $29.48B | $26.99B | $26.01B | $26.62B | $28.03B | $25.09B | $29.34B | $23.64B | $14.3B | $7B | $8.79B | $5.07B | $3.55B | $3.02B |
| Goodwill | $1.44B | $1.54B | $1.45B | $1.61B | $1.47B | $501.33M | $364.75M | $289.13M | $364.75M | $364.75M | $364.75M | $448.67M | $683.97M | $893.85M | $0 | $3.48B | $788.52M | $210.25M | $0 | $0 |
| Intangible Assets | $4.41B | $5.16B | $4.63B | $5.71B | $4.88B | $174.54M | $151.91M | $129.16M | $119.56M | $85.57M | $122.03M | $77.09M | $92.23M | $179.03M | $0 | $0 | $30.2M | $14.45M | $16.91M | $18.41M |
| Long-Term Investments | $14.02B | $4.1B | $2.76B | $3.48B | $3.04B | $1.27B | $2.08B | $1.47B | $1.54B | $919.49M | $1B | $960.36M | $750.19M | $2.21B | $1.72B | $1.63B | $1.17B | $2.88B | $1.21B | $883.21M |
| Deferred Tax Assets | $3.21B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $641.54M | $442.96M | $404.28M | $3.58B | $3.87B |
| Other Long-Term Assets | $15.74B | $15.8B | $13.94B | $15.98B | $10.81B | $3.09B | $2.69B | $2.32B | $1.72B | $1.83B | $3.02B | $1.81B | $1.56B | $1.7B | $7.01B | $4.9B | $2.45B | $1.8B | $1.82B | $3.17B |
| Total Long-Term Assets | $72.47B | $75.69B | $67.19B | $72.04B | $59.98B | $36.12B | $34.76B | $31.2B | $29.75B | $29.82B | $32.54B | $28.39B | $32.42B | $28.61B | $23.03B | $17.65B | $13.66B | $10.38B | $10.17B | $10.96B |
| Other Assets | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $89.25B | $94.76B | $88.77B | $96.34B | $76.23B | $43.3B | $42.1B | $39.7B | $37.06B | $37.41B | $38.86B | $34.88B | $41.64B | $35.81B | $29.02B | $21.63B | $17.47B | $15.31B | $15.13B | $13.25B |
| Liabilities | ||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||
| Accounts Payable | $4.95B | $4.76B | $4.33B | $4.75B | $3.31B | $2.06B | $3.36B | $2.2B | $2.19B | $2.16B | $2.44B | $2.77B | $1.72B | $1.62B | $1.47B | $554.22M | $1.03B | $537.3M | $485.93M | $0 |
| Short-Term Debt | $3.17B | $3.44B | $4.78B | $6.89B | $2.8B | $1.48B | $1.5B | $1.26B | $1.62B | $1.3B | $1.44B | $1.11B | $243.57M | $741.96M | $261.5M | $339.35M | $137.44M | $129.14M | $0 | $0 |
| Current Income Tax Payable | $0 | $1.29B | $549.35M | $2.4B | $676.71M | $391.18M | $808.47M | $550.61M | $630.8M | $670.11M | $881.6M | $2.36B | $3.02B | $2.47B | $2.71B | $1.13B | $765.08M | $1.23B | $909.73M | $640.78M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $225.27M | $533.07M | -$339.35M | $363.01M | $1.23B | $0 | $0 |
| Other Current Liabilities | $887.71M | $3.01B | $3.43B | $5.16B | $2.49B | $1.43B | $1.04B | $1.5B | $913.21M | $1.08B | $955.1M | $782.78M | $4.62B | $663.48M | $606.44M | $412.42M | $415.05M | $211.94M | $1.42B | $371.99M |
| Total Current Liabilities | $10.84B | $12.46B | $13.7B | $17.86B | $9.51B | $5.75B | $6.84B | $5.61B | $5.3B | $5.15B | $5.49B | $5.3B | $6.99B | $7.31B | $4.95B | $3.16B | $2.35B | $2.11B | $1.91B | $1.25B |
| Long-Term Liabilities | ||||||||||||||||||||
| Long-Term Debt | $30.92B | $33.81B | $28.06B | $28.93B | $26.72B | $12.89B | $10.12B | $10.45B | $12.08B | $15.12B | $15.3B | $9.91B | $6.74B | $3.57B | $2.51B | $2.46B | $2.64B | $393.16M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $116.2M | $1.73B | $0 | $697.19M | $871.62M | $0 | $1.21B |
| Long-Term Deferred Tax Liabilities | $3.74B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $563.05M | $562.32M | $0 | $375.73M | $297.1M | $0 | $0 |
| Other Long-Term Liabilities | $9.22B | $13.54B | $14.26B | $11.81B | $11.24B | $7.58B | $6.51B | $4.74B | $4.52B | $3.43B | $4.53B | $4.41B | $4.11B | $3.07B | $1.36B | $2.85B | $874.94M | $683.33M | $4.79B | $4.24B |
| Total Long-Term Liabilities | $44.1B | $47.71B | $42.65B | $41.04B | $38.24B | $20.73B | $16.95B | $15.44B | $16.6B | $18.56B | $19.82B | $14.32B | $10.85B | $7.32B | $6.16B | $5.32B | $4.58B | $2.25B | $4.79B | $5.45B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $54.94B | $60.18B | $56.34B | $58.89B | $47.75B | $26.48B | $23.79B | $21.05B | $21.9B | $23.71B | $25.31B | $19.62B | $17.84B | $14.63B | $11.11B | $8.48B | $6.93B | $4.35B | $6.7B | $6.7B |
| Stockholders' Equity | ||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $7.87B | $7.87B | $7.87B | $7.87B | $7.87B | $7.87B | $7.87B | $7.87B | $7.87B | $7.87B | $7.87B | $3.23B | $3.23B | $3.23B | $3.23B | $3.18B | $3.18B | $3.18B | $3.18B | $1.33B |
| Retained Earnings | $3.29B | $12.74B | $12.11B | $13.79B | $8.01B | $3.24B | $5.07B | $5.59B | $2.32B | $363.63M | -$398.69M | $8.22B | $5.58B | $4.55B | $4.76B | $2.56B | $1.61B | $3.66B | $1.63B | $1.07B |
| Comprehensive Income & Other | $13.08B | $3.62B | $2.59B | $4.89B | $3.57B | $2.5B | $2.09B | $2.45B | $2.33B | $2.9B | $3.41B | $1.25B | $11.37B | $3.87B | $7.07B | -$7.21B | -$9.85B | -$6.98B | $600.83M | $941.71M |
| Other Stockholders' Equity | $15.16B | $5.7B | $4.66B | $6.97B | $5.65B | $4.58B | $4.17B | $4.52B | $4.4B | $4.98B | $5.49B | $3.33B | $13.56B | $12.58B | $9.21B | $7.25B | $5.45B | $4.05B | $3.62B | $4.15B |
| Total Equity | $26.31B | $26.32B | $24.65B | $28.63B | $21.54B | $15.69B | $17.11B | $17.99B | $14.6B | $13.22B | $12.96B | $14.79B | $22.36B | $20.36B | $17.2B | $13B | $10.24B | $10.89B | $8.43B | $6.55B |
| Minority Interest | $8.01B | $8.26B | $7.77B | $8.82B | $6.95B | $1.13B | $1.2B | $657.48M | $559.97M | $482.26M | $589.62M | $475.23M | $1.44B | $818.27M | $708.36M | $152.81M | $296M | $76.4M | $0 | $0 |
| Total Liabilities and Equity | $81.25B | $86.5B | $81B | $87.52B | $69.29B | $42.17B | $40.9B | $39.04B | $36.5B | $36.93B | $38.27B | $34.41B | $40.2B | $34.99B | $28.31B | $21.47B | $17.18B | $15.24B | $15.13B | $13.25B |
| Supplementary Data | ||||||||||||||||||||
| Total Debt | $34.3B | $37.72B | $33.27B | $36.2B | $29.89B | $14.7B | $12.02B | $11.97B | $13.69B | $16.42B | $16.74B | $11.02B | $6.98B | $4.31B | $2.77B | $2.8B | $2.77B | $522.3M | $0 | $0 |
| Net Debt | $30.94B | $33.3B | $29.4B | $31.36B | $25.32B | $13.1B | $9.8B | $9.98B | $11.2B | $13.78B | $14.68B | $8.62B | $4.2B | $1.81B | $696.82M | $1.63B | $1.65B | -$142.4M | -$1.18B | -$511.9M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||||||||||||||||
| Net Income | $2.64B | $5.07B | $5.55B | $11.49B | $5.31B | $492.64M | $4.11B | $4.02B | $2.1B | $484.26M | -$1.45B | $1.94B | $4.01B | $4.64B | $5.08B | $2.65B | $1.53B | $3.88B | $1.57B | $0 | $0 |
| Depreciation & Amortization | $4.55B | $4.78B | $4.34B | $3.81B | $3.19B | $2.93B | $2.7B | $2.42B | $2.6B | $2.39B | $2.13B | $2.04B | $1.74B | $1.72B | $1.43B | $1.35B | $1.06B | $774.3M | $546.02M | $0 | $0 |
| Deferred Income Tax | $0 | $720.85M | $174.34M | $62.36M | $648M | -$235.52M | -$770.97M | -$53.28M | $97.56M | $42.76M | $0 | $136.93M | -$62.02M | $11.79M | $129.44M | $12.22M | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $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 | $3.07B | -$6.45B | -$9.79B | -$3.21B | $197.97M | $738.36M | -$676.42M | -$694.79M | -$370M | $272.4M | $511.84M | -$1.86B | -$791.11M | -$434.9M | $258.2M | $605.78M | $0 | $0 | $0 | $0 |
| Inventory | $0 | $180.87M | $235.14M | -$973.66M | -$1.01B | $208.98M | -$185.23M | -$155.71M | -$102.7M | -$67.22M | -$66.46M | $207.34M | -$142.45M | -$122.84M | -$184.55M | -$42.19M | -$87.07M | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | -$432.87M | $148.78M | $1.27B | $1.06B | -$744.3M | $430.59M | $470.87M | $6.8M | -$191.61M | -$798.96M | -$109.58M | $206.97M | $728.8M | -$39.88M | $405.81M | $458.45M | $0 | $0 | $0 | $0 |
| Other Working Capital | -$429.95M | -$1.92B | -$2.27B | -$1.33B | -$1.14B | -$354.54M | -$740.79M | -$693.28M | -$52.52M | $565.41M | -$628.72M | -$1.42B | $755.58M | -$183.69M | $1.14B | -$168.42M | -$856.11M | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$429.95M | $904.32M | -$8.34B | -$10.83B | -$4.3B | -$691.9M | $242.93M | -$1.05B | -$843.21M | -$63.42M | -$1.22B | -$810.47M | -$1.04B | -$368.85M | $479.84M | $453.4M | $121.05M | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | $1.2B | $1.99B | $2.81B | $6.87B | $1.82B | -$367.71M | $1.97B | $1.71B | $785.5M | $1.03B | $3.86B | $2.24B | $751.04M | $445.18M | $434.1M | $197.99M | $90.25M | -$719.65M | $733.82M | $2B | $1.22B |
| Net Cash from Operating | $7.95B | $13.47B | $4.54B | $11.41B | $6.67B | $2.13B | $8.25B | $7.04B | $4.74B | $3.89B | $3.32B | $5.55B | $5.39B | $6.45B | $7.55B | $4.67B | $2.81B | $3.94B | $2.85B | $2B | $1.22B |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -$6.42B | -$7.11B | -$7.01B | -$7.52B | -$4.51B | -$3.24B | -$4.33B | -$2.94B | -$1.89B | -$1.81B | -$5.17B | -$4.78B | -$2.43B | -$3.1B | -$3.35B | -$2.09B | -$2.76B | -$2.24B | -$938.09M | -$585.81M | -$394.37M |
| Acquisitions | -$107.19M | -$352.57M | $0 | $0 | -$3.04B | $6.92M | $47.98M | $58.83M | $135.3M | $0 | $290.02M | $62.6M | $0 | $0 | -$285.42M | -$376.45M | -$322.99M | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$1.76M | -$840.83M | -$248K | -$113.25M | -$15.17M | $0 | $0 | -$293.12M | -$45.05M | -$1.69B | $0 | $0 | -$2.32B | -$4.8B | -$5.25B | -$5.1B | -$2.37B | -$1.06B | -$1.52B | $0 | $0 |
| Sales of Investments | $663.38M | $0 | $284.12M | $447.47M | $435.12M | $615.15M | $966.4M | $0 | $197.28M | $299.18M | $431.43M | $445.96M | $3.65B | $4.63B | $3.18B | $3.44B | $4.75B | $0 | $0 | $0 | $0 |
| Other Investing Activities | $33.1M | $120.62M | $212.11M | $128.47M | $6.1M | $0 | $0 | $0 | $0 | $34.01M | $0 | $0 | -$1.89B | -$1.76B | $0 | $0 | -$1.08B | $0 | $0 | -$427.06M | -$155.37M |
| Net Cash from Investing | -$5.84B | -$8.18B | -$6.51B | -$7.06B | -$7.12B | -$2.62B | -$3.32B | -$3.17B | -$1.61B | -$3.16B | -$4.45B | -$4.27B | -$2.99B | -$5.04B | -$5.71B | -$4.13B | -$1.78B | -$3.3B | -$2.46B | -$1.01B | -$549.75M |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | $93.1M | - | - | -$447.12M | -$2.21B | -$2.17B | -$2.29B | -$1.61B | $35.87M | -$897.41M | -$1.84B | -$94.47M | $11.91M | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $732.04M | $171K | $12.25M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$5.27M | -$10.41M | -$13.03M | -$29.17M | $0 | $0 | $0 | -$3.22B | -$2.86B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$3.43B | -$5.29B | -$1.62B | -$4.59B | -$939.93M | -$2.55B | -$4.3B | -$1.54B | -$477.47M | -$529.93M | -$1.99B | -$4.25B | -$4.46B | -$2.64B | -$1.94B | -$1.23B | -$2.66B | -$1.55B | $0 | -$628.91M | -$408.17M |
| Other Financing Activities | -$187.74M | -$191.04M | -$155.27M | -$149.42M | -$113.97M | -$102.3M | $0 | $0 | $0 | $0 | $1K | $14K | $25K | -$21.94M | $337.52M | -$147.98M | $208.36M | $278.11M | $267.26M | -$71.28M | -$90.81M |
| Net Cash from Financing | -$2.68B | -$5.15B | $1.81B | -$4.62B | $3.49B | -$82.7M | -$4.78B | -$4.58B | -$3.19B | -$82.81M | $213.61M | -$2.08B | -$2.17B | -$1.05B | -$903.22M | -$482.01M | -$597.13M | -$1.18B | $255.36M | -$700.2M | -$498.98M |
| Forex Effect | $140.37M | -$129.93M | $177.18M | -$310.86M | -$388.33M | -$147.88M | $38.18M | -$31.49M | -$53.34M | $51.63M | -$222.95M | -$136.41M | $397.06M | $58.22M | -$469.6M | $687.88M | -$356.37M | -$267.19M | $526.11M | $0 | $0 |
| Net Change in Cash | -$426.36M | $8.09M | $10.23M | -$584.05M | $2.66B | -$723.13M | $194.86M | -$740.45M | -$108.64M | $697.32M | -$1.14B | -$931.41M | $636.48M | $423.02M | $469.43M | $741.39M | $75.75M | -$813.48M | $1.17B | $284.89M | $170.04M |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | $7.95B | $13.47B | $4.54B | $11.41B | $6.67B | $2.13B | $8.25B | $7.04B | $4.74B | $3.89B | $3.32B | $5.55B | $5.39B | $6.45B | $7.55B | $4.67B | $2.81B | $3.94B | $2.85B | $2B | $1.22B |
| Capital Expenditure | -$2.86B | -$3.23B | -$2.72B | -$3.01B | -$2.07B | -$1.47B | -$1.24B | -$2.9B | -$1.84B | -$1.13B | -$5.13B | -$4.74B | -$2.43B | -$3.1B | -$3.35B | -$2.09B | -$2.76B | -$2.24B | -$328.03M | -$585.81M | -$394.37M |
| Free Cash Flow | $5.09B | $10.23B | $1.81B | $8.39B | $4.6B | $661.07M | $7.01B | $4.14B | $2.91B | $2.76B | -$1.81B | $810.05M | $2.96B | $3.36B | $4.21B | $2.57B | $50.22M | $1.7B | $2.52B | $1.41B | $824.39M |
| Cash at Beginning | $3.79B | $4.41B | $4B | $5.24B | $1.89B | $2.33B | $2B | $2.76B | $2.62B | $1.95B | $3.2B | $3.11B | $1.98B | $1.53B | $1.18B | $455.39M | $398.67M | $1.22B | $0 | $227.01M | $56.97M |
| Cash at End | $3.36B | $4.42B | $4.01B | $4.65B | $4.55B | $1.6B | $2.19B | $2.02B | $2.52B | $2.65B | $2.06B | $2.18B | $2.62B | $1.96B | $1.65B | $1.2B | $474.42M | $407.75M | $1.17B | $511.9M | $227.01M |