FRANCO NEVADA Corp (FNV)
Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. It operates through Precious Metals, Other Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent. The company was founded in 1986 and is headquartered in Toronto, Canada.
Sector: Gold and Silver Ores
Industry: Gold
Franco-Nevada Corporation
NYSE:FNVBasic Materials · Gold
-1.38%$228.75
AH Close$229.72+0.42%vs close
AH Close$229.72+0.42%vs close
Mkt Cap$44.12B
Float192.87M
O/S192.87M
Inst Own71.7%
SI2.4%
Div Yield0.74%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.82B
Net Income$1.11B
Total Assets$8.23B
Free Cash Flow-$703M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$8.58M
Total Equity$7.62B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FNV's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$8.23B
Liabilities$605M
Accounts Receivable$256.63M
Accounts Payable$8.38M
Inventory$599K
PP&E (Net)$6.04B
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $1.82B | $1.11B | $1.22B | $1.32B | $1.3B | $1.02B | $844.1M | $653.2M | $675M | $610.2M | $443.6M | $442.4M | $400.9M | $427M | $411.2M | $227.2M | $199.73M | $151.04M | $3.28M |
| YoY Growth | 63.7% | -8.6% | -7.3% | 1.2% | 27.4% | 20.9% | 29.2% | -3.2% | 10.6% | 37.6% | 0.3% | 10.4% | -6.1% | 3.8% | 81.0% | 13.8% | 32.2% | 4503.5% | - |
| Cost of Revenue | $475.5M | $354.3M | $452.4M | $463.1M | $477.9M | $399.8M | $408M | $365.9M | $415M | $379.6M | $309.4M | $236M | $189.5M | $185.9M | $193.9M | $29.5M | $6.64M | $8.14M | $175K |
| Gross Profit | $1.35B | $759.3M | $766.6M | $852.6M | $822.1M | $620.4M | $436.1M | $287.3M | $260M | $230.6M | $134.2M | $206.4M | $211.4M | $241.1M | $217.3M | $197.7M | $193.09M | $142.9M | $3.11M |
| Gross Margin | 73.9% | 68.2% | 62.9% | 64.8% | 63.2% | 60.8% | 51.7% | 44.0% | 38.5% | 37.8% | 30.3% | 46.7% | 52.7% | 56.5% | 52.8% | 87.0% | 96.7% | 94.6% | 94.7% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.6M | $3.4M | $2.7M | $2.2M | $3M | $2.6M | $2.6M | $2.5M | $2.24M | $1.41M | $15K |
| Selling, General, and Administrative | $46.4M | $34.6M | $27.9M | $32.6M | $30.8M | $28.8M | $28.8M | $22.6M | $24.9M | $20.7M | $15.1M | $16.4M | $15.2M | $17.4M | $18M | $15.2M | $14.53M | $13.85M | $24.17M |
| Other | $0 | $0 | $0 | $0 | $0 | $255.1M | -$2.9M | $75.9M | -$3.9M | $51.1M | $65.1M | $31.1M | $143.6M | $82.7M | $168.7M | $94.2M | $89.18M | $96.01M | $9.68M |
| Total Operating Expenses | $46.4M | $34.6M | $27.9M | $32.6M | $30.8M | $283.9M | $25.9M | $98.5M | $24.6M | $75.2M | $82.9M | $49.7M | $161.8M | $102.7M | $189.3M | $111.9M | $105.96M | $111.27M | $33.87M |
| Operating Income (EBIT) | $1.3B | $724.7M | $738.7M | $820M | $791.3M | $336.5M | $410.2M | $188.8M | $235.4M | $155.4M | $51.3M | $156.7M | $49.6M | $138.4M | $28M | $85.8M | $87.13M | $31.64M | -$30.76M |
| Operating Margin | 71.4% | 65.1% | 60.6% | 62.3% | 60.9% | 33.0% | 48.6% | 28.9% | 34.9% | 25.5% | 11.6% | 35.4% | 12.4% | 32.4% | 6.8% | 37.8% | 43.6% | 20.9% | -937.6% |
| Interest Expense | $3.15M | $2.48M | $2.95M | $3.07M | $3.57M | $3.68M | $10.85M | $4.37M | $3.52M | $3.56M | $2.67M | $1.53M | $1.84M | $1.1M | $2.23M | $2.38M | $1.88M | $1.51M | $3.11M |
| Interest Income | $28.69M | $57.69M | $53.26M | $12.1M | $3.67M | $3.9M | $3.58M | $2.94M | $5.59M | $3.46M | $4.88M | $3.72M | $3.39M | $9.64M | $4.18M | $4.04M | $2.05M | $4.6M | $0 |
| Other Income (Expense) | $115.1M | $39.2M | -$1.1B | $13.7M | $66.5M | $3M | -$4.3M | $300K | $600K | $12.5M | -$2.8M | $300K | -$15.6M | $16.5M | $11.1M | $16.4M | $11.51M | $4.37M | -$2.86M |
| Income Before Tax (EBT) | $1.42B | $763.9M | -$364.2M | $833.7M | $857.8M | $339.5M | $405.9M | $189.1M | $236M | $167.9M | $48.5M | $157M | $34M | $154.9M | $39.1M | $102.2M | $98.64M | $36.01M | -$33.63M |
| Income Tax Expense | $303.9M | $211.8M | $102.2M | $133.1M | $124.1M | $13.3M | $61.8M | $50.1M | $41.3M | $45.7M | $23.9M | $50.3M | $22.3M | $52.3M | $45.9M | $39.5M | $17.76M | -$4.34M | -$549K |
| Net Income | $1.11B | $552.1M | -$466.4M | $700.6M | $733.7M | $326.2M | $344.1M | $139M | $194.7M | $122.2M | $24.6M | $106.7M | $11.7M | $102.6M | -$6.8M | $62.7M | $80.88M | $40.35M | -$33.08M |
| Net Income Margin | 61.0% | 49.6% | -38.3% | 53.2% | 56.4% | 32.0% | 40.8% | 21.3% | 28.8% | 20.0% | 5.5% | 24.1% | 2.9% | 24.0% | -1.7% | 27.6% | 40.5% | 26.7% | -1008.2% |
| Supplementary Data | |||||||||||||||||||
| EPS | 5.87 | 2.87 | -2.43 | 3.51 | 3.86 | 1.80 | 1.88 | 0.75 | 1.07 | 0.70 | 0.16 | 0.71 | 0.08 | 0.72 | -0.05 | 0.55 | 0.76 | 0.41 | -0.39 |
| Diluted EPS | 5.86 | 2.87 | -2.43 | 3.51 | 3.80 | 1.80 | 1.87 | 0.75 | 1.07 | 0.69 | 0.16 | 0.70 | 0.08 | 0.71 | -0.05 | 0.55 | 0.75 | 0.41 | -0.39 |
| Weighted Average OS | 192.70M | 192.40M | 192.00M | 191.50M | 191.10M | 190.30M | 187.70M | 185.17M | 181.99M | 174.33M | 156.12M | 149.75M | 146.07M | 142.39M | 124.78M | 113.43M | 106.15M | 97.52M | 85.64M |
| EBITDA | $1.72B | $989.3M | -$91M | $1.12B | $1.16B | $580.9M | $676.7M | $438.3M | $512.4M | $445.3M | $267.7M | $321.7M | $165.2M | $282.7M | $172M | $193.1M | $188.72M | $125.28M | -$31.14M |
| EBITDA Margin | 94.5% | 88.8% | -7.5% | 85.1% | 89.1% | 56.9% | 80.2% | 67.1% | 75.9% | 73.0% | 60.3% | 72.7% | 41.2% | 66.2% | 41.8% | 85.0% | 94.5% | 82.9% | -949.1% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | |||||||||||||||||||
| Current Assets | |||||||||||||||||||
| Cash and Cash Equivalents | $433.11M | $1.45B | $1.42B | $1.2B | $539.3M | $534.2M | $132.1M | $69.7M | $511.1M | $253M | $149.2M | $592.5M | $770M | $631.7M | $794.1M | $413.9M | $122.65M | $73.25M | $12.89M |
| Short-Term Investments | $236.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.8M | $0 | $18M | $148.2M | $16.7M | $133.8M | $377.48M | $141.58M | $0 |
| Cash and Short-Term Investments | $669.68M | $1.45B | $1.42B | $1.2B | $539.3M | $534.2M | $132.1M | $69.7M | $511.1M | $253M | $168M | $592.5M | $788M | $779.9M | $810.8M | $547.7M | $500.13M | $214.82M | $12.89M |
| Accounts Receivable | $256.63M | $157.7M | $111M | $135.7M | $159.5M | $93.4M | $97.8M | $75.5M | $65.9M | $71.1M | $65.1M | $72.1M | $78M | $83.4M | $79.1M | $47.4M | $26.79M | $22.87M | $3.28M |
| Inventory | $599K | $96.8M | $51.8M | $28.2M | $32.9M | $500K | $4.4M | $0 | $7.1M | $2.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $89.54M | $400K | $600K | $600K | $900K | $19.2M | $26.9M | $27.9M | $15.3M | $9.9M | $21M | $17.9M | $26.6M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.02B | $1.72B | $1.62B | $1.38B | $751.4M | $663.7M | $278.7M | $178.5M | $616.4M | $361.2M | $274.7M | $698.9M | $912.3M | $879.2M | $894.4M | $599.05M | $540.18M | $248.37M | $17.96M |
| Long-Term Assets | |||||||||||||||||||
| Property, Plant & Equipment Net | $6.04B | $4.11B | $4.03B | $4.93B | $5.16B | $4.64B | $4.81B | $4.57B | $3.95B | $3.68B | $3.27B | $2.66B | $2.08B | $2.22B | $1.91B | $1.2B | $1.35B | $1.17B | $1.23B |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.14B | $324.8M | $246.4M | $224.6M | $235.1M | $195.6M | $145.6M | $136.7M | $203.1M | $147.4M | $94.8M | $67.1M | $38.2M | $108.4M | $74.4M | $182.9M | $106.58M | $68.68M | $87.85M |
| Deferred Tax Assets | $23.16M | $30.8M | $37M | $39.9M | $49.4M | $45.1M | $6.8M | $17.3M | $14.5M | $21.3M | $16.1M | $13.9M | $15.8M | $8.7M | $10.6M | $13.8M | $19.3M | $14.83M | $0 |
| Other Long-Term Assets | $1.5M | $148.7M | $61.7M | $45M | $17.6M | $49M | $39.5M | $33M | $1.9M | $8.7M | $14.1M | $22.2M | $800K | $24M | $9.5M | $8.4M | $6.13M | $4.04M | $1.43M |
| Total Long-Term Assets | $7.21B | $4.61B | $4.38B | $5.24B | $5.46B | $4.93B | $5B | $4.75B | $4.17B | $3.86B | $3.4B | $2.77B | $2.13B | $2.36B | $2.01B | $1.41B | $1.48B | $1.26B | $1.32B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $8.23B | $6.33B | $5.99B | $6.63B | $6.21B | $5.59B | $5.28B | $4.93B | $4.79B | $4.22B | $3.67B | $3.47B | $3.04B | $3.24B | $2.9B | $2.01B | $2.02B | $1.5B | $1.34B |
| Liabilities | |||||||||||||||||||
| Current Liabilities | |||||||||||||||||||
| Accounts Payable | $8.38M | $5.1M | $5.5M | $7M | $8.5M | $3.5M | $6.8M | $7.3M | $6.2M | $9.6M | $6.2M | $6.2M | $5.6M | $6.2M | $7.3M | $2.7M | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $38.8M | $8.3M | $7.1M | $9.6M | $12.4M | $11.6M | $1.4M | $1.1M | $16.6M | $2.8M | $3.4M | $5M | $12.8M | $7.4M | $8M | $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 |
| Other Current Liabilities | $36.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.48M | $9.31M | $3.92M |
| Total Current Liabilities | $122.78M | $67.5M | $39.2M | $50.2M | $43.2M | $53.2M | $53.4M | $25M | $22.6M | $37.6M | $20.8M | $21.1M | $51.1M | $56.8M | $43.3M | $26.4M | $9.48M | $9.31M | $3.92M |
| Long-Term Liabilities | |||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $80M | $207.6M | $0 | $0 | $457.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $439.9M | $238M | $180.1M | $153M | $135.4M | $91.5M | $82.4M | $67.3M | $60.3M | $37.5M | $33.2M | $40.3M | $30M | $38M | $23.5M | $0 | $81.14M | $60.88M | $45.69M |
| Other Long-Term Liabilities | $33.74M | $28.3M | $5.7M | $6M | $6.1M | $4.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $482.22M | $266.3M | $185.8M | $159M | $141.5M | $95.9M | $165M | $274.9M | $60.3M | $37.5M | $490.5M | $40.3M | $30M | $38M | $23.5M | $0 | $81.14M | $60.88M | $45.69M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $605M | $333.8M | $225M | $209.2M | $184.7M | $149.1M | $218.4M | $299.9M | $82.9M | $75.1M | $511.3M | $61.4M | $81.1M | $94.8M | $66.8M | $26.4M | $90.62M | $70.19M | $49.6M |
| Stockholders' Equity | |||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $5.79B | $5.77B | $5.73B | $5.7B | $5.63B | $5.58B | $5.39B | $5.16B | $5.11B | $4.67B | $3.71B | $3.66B | $3.13B | $3.12B | $2.8B | $0 | $0 | $0 | $0 |
| Retained Earnings | $1.38B | $486.5M | $212.3M | $940.4M | $484.9M | -$34.4M | -$164.4M | -$321.7M | -$310M | -$336.8M | -$302.2M | -$197.8M | -$212.5M | -$120.6M | -$135.5M | -$71.5M | $38.13M | -$14.51M | -$33.08M |
| Comprehensive Income & Other | $429.72M | -$282M | -$192M | -$233.7M | -$104.3M | -$115.9M | -$178.3M | -$220.3M | -$106.5M | -$224.5M | -$288.1M | -$98.8M | -$2.5M | $105.8M | $66.6M | $79.9M | -$8.77M | -$127.68M | $9.86M |
| Other Stockholders' Equity | $451.28M | -$259M | -$171.4M | -$218.1M | -$88.2M | -$101.9M | -$164.1M | -$204.7M | -$92.3M | -$182.9M | -$243.8M | -$53.3M | $43.3M | $153M | $166.1M | $2.05B | $1.89B | $1.45B | $1.32B |
| Total Equity | $7.62B | $6B | $5.77B | $6.42B | $6.03B | $5.44B | $5.06B | $4.63B | $4.71B | $4.15B | $3.16B | $3.41B | $2.96B | $3.15B | $2.83B | $1.98B | $1.93B | $1.43B | $1.29B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $8.23B | $6.33B | $5.99B | $6.63B | $6.21B | $5.59B | $5.28B | $4.93B | $4.79B | $4.22B | $3.67B | $3.47B | $3.04B | $3.24B | $2.9B | $2.01B | $2.02B | $1.5B | $1.34B |
| Supplementary Data | |||||||||||||||||||
| Total Debt | $8.58M | $0 | $0 | $0 | $0 | $0 | $82.6M | $207.6M | $0 | $0 | $457.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$424.53M | -$1.45B | -$1.42B | -$1.2B | -$539.3M | -$534.2M | -$49.5M | $137.9M | -$511.1M | -$253M | $308.1M | -$592.5M | -$770M | -$631.7M | -$794.1M | -$413.9M | -$122.65M | -$73.25M | -$12.89M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||||||||||||||
| Net Income | $1.11B | $552.1M | -$466.4M | $700.6M | $733.7M | $326.2M | $344.1M | $139M | $194.7M | $122.2M | $24.6M | $106.7M | $11.7M | $102.6M | -$6.8M | $74.24M | $80.88M | $40.35M | -$33.08M |
| Depreciation & Amortization | $306.7M | $225.3M | $273.1M | $286.2M | $299.6M | $241M | $263.2M | $247.7M | $273M | $273.8M | $216.3M | $163.1M | $129.3M | $126.7M | $130.6M | $88.6M | $88.94M | $87.53M | $2.39M |
| Deferred Income Tax | $108.1M | $66.3M | $26.6M | $37.4M | $37.1M | -$35.2M | $22.7M | $10M | $21.8M | $3.5M | -$2.2M | $18.6M | -$12.6M | $14M | -$5.1M | $5.33M | $10.92M | -$9.42M | $0 |
| Stock-Based Compensation | $6.3M | $5.4M | $5.5M | $8.2M | $8M | $5.6M | $4.9M | $5.2M | $4.6M | $5M | $4.5M | $3.9M | $4.6M | $2.9M | $4.5M | $5.55M | $4.15M | $4.07M | $23.18M |
| Changes in Working Capital: | |||||||||||||||||||
| Accounts Receivable | -$90.1M | -$40.8M | $24.7M | -$15.9M | -$26.4M | $4.4M | -$22.3M | -$9.6M | $5.2M | -$6M | $7M | $5.9M | $5.4M | -$4.3M | $16.7M | -$20.6M | -$3.92M | -$19.59M | -$3.28M |
| Inventory | $0 | $15.6M | -$8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $59.1M | $46.6M | -$10.6M | $5M | -$3.9M | -$3.4M | $8.5M | $14M | -$12.2M | $12.3M | -$4.1M | -$70.9M | -$48.8M | -$10.4M | $0 | $38.9M | -$2.42M | -$3.5M | $2.85M |
| Total Working Capital Change | -$31M | $21.4M | $6.1M | -$10.9M | -$30.3M | $1M | -$13.8M | $4.4M | -$7M | $6.3M | $2.9M | -$65M | -$43.4M | -$14.7M | $16.7M | $18.3M | -$6.34M | -$23.08M | -$428K |
| Other Non-Cash Items | -$8.5M | -$41M | $1.15B | -$22M | -$92.7M | $265.3M | -$3.4M | $68.5M | $1.5M | $60.2M | $68.2M | $39.7M | $159.8M | $74.8M | $147.9M | -$21.8M | -$56.28M | $9.52M | $7.71M |
| Net Cash from Operating | $1.49B | $829.5M | $991.2M | $999.5M | $955.4M | $803.9M | $617.7M | $474.8M | $488.6M | $471M | $253.5M | $267M | $249.4M | $306.3M | $287.8M | $163.45M | $122.27M | $108.97M | -$846K |
| Investing Activities | |||||||||||||||||||
| Capital Expenditures | -$2.2B | -$408M | -$521.6M | -$141.5M | -$760.5M | -$312.6M | -$445.2M | -$989.6M | -$501.2M | -$747.1M | -$1.02B | -$857.9M | -$142.2M | -$509.1M | -$38.1M | -$49.4M | -$134.17M | -$107.03M | -$1.21B |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$744.8M | -$1.02B | $0 | $0 | $0 | -$378.7M | $1.9M | $0 | $0 | -$1.21B |
| Purchases of Investments | -$60.3M | -$74.5M | -$9.8M | -$48.5M | -$17.2M | $0 | -$3.9M | $0 | -$12.3M | -$1.6M | -$111.3M | -$54.6M | -$124.6M | -$468.6M | -$90.1M | -$449.3M | -$455.86M | -$158.74M | $0 |
| Sales of Investments | $109.9M | $23.3M | $2M | $1.8M | $12.7M | $3.6M | $13M | $900K | $12.6M | $28.6M | $25.6M | $45.2M | $253.4M | $318.4M | $281.6M | $653.3M | $224.18M | $0 | $0 |
| Other Investing Activities | $114.1M | -$78.1M | -$11.7M | $42.7M | $0 | $0 | $0 | $0 | $0 | $775.1M | $1.02B | $51.4M | $12M | $0 | $0 | $900K | $918K | $0 | $1.21B |
| Net Cash from Investing | -$2.03B | -$537.3M | -$541.1M | -$145.5M | -$765M | -$309M | -$436.1M | -$988.7M | -$500.9M | -$689.8M | -$1.05B | -$815.9M | -$1.4M | -$659.3M | -$225.3M | $157.46M | -$364.93M | -$265.77M | -$1.21B |
| Financing Activities | |||||||||||||||||||
| Debt Repaid | - | - | - | - | - | $80M | $130M | -$210M | - | $460M | -$460M | $700K | $1.5M | - | $8.1M | - | - | - | - |
| Common Stock Issuance | $7.7M | $2.67M | $0 | $0 | $0 | $135.7M | $136M | $0 | $0 | $883.5M | $0 | $479.8M | $0 | $0 | $367.4M | $0 | $313.29M | $260.06M | $1.23B |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$275.1M | -$242.4M | -$233M | -$197.6M | -$179.6M | -$154.9M | -$138.2M | -$136.1M | -$125.8M | -$118.1M | -$94.1M | -$90.7M | -$101.8M | -$77.9M | -$49.2M | -$33.3M | -$28.23M | -$21.78M | $0 |
| Other Financing Activities | $0 | -$666K | $2.9M | $8.6M | -$600K | $7.4M | $12.4M | $3.7M | $365.5M | $16.3M | $8.2M | $6.3M | $9.3M | $257.9M | $13.6M | $3.2M | $4.49M | $0 | -$2.18M |
| Net Cash from Financing | -$267.4M | -$240.4M | -$230.1M | -$189M | -$180.2M | -$91.8M | -$119.8M | $77.6M | $239.7M | $321.7M | $374.1M | $394.7M | -$94M | $180M | $323.7M | -$30.16M | $289.54M | $238.28M | $1.22B |
| Forex Effect | $26.3M | -$22.4M | $5.4M | -$7.8M | -$5.1M | -$1M | $600K | -$5.1M | $30.7M | $900K | -$25.6M | -$23.3M | -$15.7M | $10.6M | -$6M | $491K | $2.52M | -$21.12M | $152K |
| Net Change in Cash | -$780.4M | $29.4M | $225.4M | $657.2M | $5.1M | $402.1M | $62.4M | -$441.4M | $258.1M | $103.8M | -$443.3M | -$177.5M | $138.3M | -$162.4M | $380.2M | $291.24M | $49.4M | $60.35M | $12.89M |
| Supplementary Data | |||||||||||||||||||
| Operating Cash Flow | $1.49B | $829.5M | $991.2M | $999.5M | $955.4M | $803.9M | $617.7M | $474.8M | $488.6M | $471M | $314.3M | $267M | $249.4M | $306.3M | $287.8M | $163.6M | $122.27M | $108.97M | -$846K |
| Capital Expenditure | -$2.2B | -$408M | -$521.6M | -$141.5M | -$760.5M | -$312.6M | -$445.2M | -$989.6M | -$501.2M | -$747.1M | -$1.02B | -$857.9M | -$142.2M | -$509.1M | -$38.1M | -$49.4M | -$134.17M | -$107.03M | -$1.21B |
| Free Cash Flow | -$703M | $421.5M | $469.6M | $858M | $194.9M | $491.3M | $172.5M | -$514.8M | -$12.6M | -$276.1M | -$706.1M | -$590.9M | $107.2M | -$202.8M | $249.7M | $114.2M | -$11.9M | $1.93M | -$1.21B |
| Cash at Beginning | $1.45B | $1.42B | $1.2B | $539.3M | $534.2M | $132.1M | $69.7M | $511.1M | $253M | $149.2M | $592.5M | $770M | $631.7M | $794.1M | $413.9M | $122.65M | $73.25M | $12.89M | $0 |
| Cash at End | $670.9M | $1.45B | $1.42B | $1.2B | $539.3M | $534.2M | $132.1M | $69.7M | $511.1M | $253M | $149.2M | $592.5M | $770M | $631.7M | $794.1M | $413.89M | $122.65M | $73.25M | $12.89M |