GENERAL DYNAMICS CORP (GD)
General Dynamics Corporation is a global leader in the aerospace and defense industry, with its operations structured across four key divisions: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment focuses on the design, production, and sale of business jets, alongside offering a full suite of aviation services including aircraft maintenance, repair, management, charter services, and ground support. Marine Systems specializes in shipbuilding for the U.S. Navy, constructing nuclear-powered submarines, surface warships, and auxiliary vessels. This division also builds various commercial ships, such as tankers and cargo carriers. Furthermore, it provides extensive maintenance, modernization, and lifecycle support, along with engineering and design services for both naval and commercial fleets. Combat Systems is dedicated to creating land-based defense solutions, manufacturing a diverse range of products including wheeled and tracked combat vehicles (like the Stryker and Piranha), main battle tanks, armored vehicles, weapon systems, munitions, and mobile bridge systems. This segment also delivers modernization programs, engineering expertise, and ongoing sustainment services. The Technologies division offers sophisticated information technology and mission support services, catering primarily to military, intelligence, and federal civilian clients. Its offerings span mobile communication, computing, command-and-control systems, and intelligence, surveillance, and reconnaissance (ISR) capabilities. Additionally, this segment is deeply involved in cutting-edge areas such as cloud computing, artificial intelligence, machine learning, big data analytics, DevOps, software-defined networks, "everything-as-a-service" models, defense enterprise office systems, and the assembly of unmanned undersea vehicles. Established in 1899, General Dynamics Corporation is headquartered in Reston, Virginia.
Sector: Ship & Boat Building & Repairing
Industry: Aerospace & Defense
General Dynamics Corporation
NYSE:GDIndustrials · Aerospace & Defense
-0.41%$349.36
AH Close$349.36+0.00%vs close
AH Close$349.36+0.00%vs close
Mkt Cap$94.52B
Float250.43M
O/S270.56M
Inst Own85.1%
SI0.9%
Div Yield1.79%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$52.55B
Net Income$4.21B
Total Assets$57.25B
Free Cash Flow$3.96B
Debt & Equity
Debt 28%
Equity 72%
Total Debt$9.79B
Total Equity$25.62B
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitMar 27, 20061 share → 2
Balance Sheet Details
Assets$57.25B
Liabilities$31.63B
Accounts Receivable$10.79B
Accounts Payable$2.68B
Inventory$9.23B
PP&E (Net)$7.53B
Goodwill$21.01B
Intangible Assets$1.38B
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 | $52.55B | $47.72B | $42.27B | $39.41B | $38.47B | $37.92B | $39.35B | $36.19B | $30.97B | $30.56B | $31.78B | $30.85B | $30.93B | $30.99B | $32.68B | $32.47B | $31.98B | $29.3B | $27.24B | $24.06B | $20.98B | $19.12B | $16.37B | $13.83B | $12.05B | $10.36B | $8.96B | $7.4B | $5.97B | $3.58B | $3.07B | $3.06B | $3.19B | $3.47B | $8.75B | $10.17B | $10.04B | $9.55B | $9.34B | $8.89B |
| YoY Growth | 10.1% | 12.9% | 7.3% | 2.4% | 1.4% | -3.6% | 8.7% | 16.9% | 1.3% | -3.8% | 3.0% | -0.3% | -0.2% | -5.2% | 0.6% | 1.5% | 9.2% | 7.6% | 13.2% | 14.7% | 9.7% | 16.8% | 18.4% | 14.7% | 16.4% | 15.6% | 21.1% | 24.0% | 66.6% | 16.8% | 0.3% | -4.0% | -8.2% | -60.3% | -14.0% | 1.3% | 5.2% | 2.2% | 5.1% | - |
| Cost of Revenue | $44.6B | $40.35B | $35.6B | $32.78B | $32.06B | $31.6B | $32.36B | $29.54B | $24.73B | $24.9B | $25.55B | $24.98B | $25.2B | $26.01B | $26.82B | $26.56B | $26.35B | $23.93B | $24.13B | $21.44B | $18.8B | $17.18B | $14.92B | $12.25B | $10.57B | $9.03B | $6.99B | $5.81B | $5.17B | $3.16B | $2.71B | $2.7B | $2.82B | $3.24B | $8.06B | $10.61B | $9.1B | $8.7B | $7.71B | $7.32B |
| Gross Profit | $7.95B | $7.36B | $6.67B | $6.62B | $6.41B | $6.33B | $6.99B | $6.66B | $6.24B | $5.67B | $6.23B | $5.87B | $5.73B | $4.98B | $5.86B | $5.91B | $5.63B | $5.37B | $3.11B | $2.63B | $2.18B | $1.94B | $1.45B | $1.58B | $1.49B | $1.33B | $1.97B | $1.59B | $800M | $420M | $353M | $360M | $365M | $231M | $695M | -$433M | $944.8M | $848.5M | $1.64B | $1.57B |
| Gross Margin | 15.1% | 15.4% | 15.8% | 16.8% | 16.7% | 16.7% | 17.8% | 18.4% | 20.2% | 18.5% | 19.6% | 19.0% | 18.5% | 16.1% | 17.9% | 18.2% | 17.6% | 18.3% | 11.4% | 10.9% | 10.4% | 10.2% | 8.8% | 11.4% | 12.3% | 12.8% | 22.0% | 21.5% | 13.4% | 11.7% | 11.5% | 11.8% | 11.5% | 6.7% | 7.9% | -4.3% | 9.4% | 8.9% | 17.5% | 17.7% |
| Research and Development | $486M | $565M | $510M | $480M | $415M | $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 | $2.53B | $2.57B | $2.43B | $2.41B | $2.25B | $2.19B | $2.42B | $2.26B | $2.01B | $1.92B | $1.94B | $1.98B | $2.04B | $2.22B | $2.03B | $1.96B | $1.95B | $1.72B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $647M | $570M | $509M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $52M | $0 | $682M | $652.3M |
| Other | -$422M | -$565M | -$510M | -$480M | -$415M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.99B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$647M | $200M | $161M | $124M | $67M | $38M | $39M | $56M | $56M | $303M | $378M | $360.9M | $326.4M | $320.5M | $270.1M |
| Total Operating Expenses | $2.6B | $2.57B | $2.43B | $2.41B | $2.25B | $2.19B | $2.42B | $2.26B | $2.01B | $1.92B | $1.94B | $1.98B | $2.04B | $4.21B | $2.03B | $1.96B | $1.95B | $1.72B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $770M | $670M | $124M | $67M | $38M | $39M | $56M | $56M | $303M | $378M | $412.9M | $326.4M | $1B | $922.4M |
| Operating Income (EBIT) | $5.36B | $4.8B | $4.25B | $4.21B | $4.16B | $4.13B | $4.57B | $4.39B | $4.24B | $3.74B | $4.29B | $3.89B | $3.69B | $765M | $3.83B | $3.94B | $3.67B | $3.65B | $3.11B | $2.63B | $2.18B | $1.94B | $1.45B | $1.58B | $1.49B | $1.33B | $1.2B | $918M | $676M | $353M | $315M | $321M | $309M | $175M | $392M | -$811M | $531.9M | $522.1M | $634.5M | $649.2M |
| Operating Margin | 10.2% | 10.1% | 10.0% | 10.7% | 10.8% | 10.9% | 11.6% | 12.1% | 13.7% | 12.3% | 13.5% | 12.6% | 11.9% | 2.5% | 11.7% | 12.2% | 11.5% | 12.5% | 11.4% | 10.9% | 10.4% | 10.2% | 8.8% | 11.4% | 12.3% | 12.8% | 13.4% | 12.4% | 11.3% | 9.9% | 10.3% | 10.5% | 9.7% | 5.0% | 4.5% | -8.0% | 5.3% | 5.5% | 6.8% | 7.3% |
| Interest Expense | $314M | $393M | $399M | $391M | $431M | $489M | $472M | $374M | $117M | $99M | $98M | $103M | $103M | $168M | $155M | $167M | $171M | $133M | $131M | $156M | $272M | $305M | $108M | $58M | $68M | $72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $69M | $56M | $27M | $7M | $12M | $12M | $18M | $14M | $8M | $15M | $17M | $17M | $12M | $14M | $10M | $11M | $67M | $61M | $55M | $36M | $9M | $10M | $13M | $12M | $12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$253M | -$256M | -$261M | -$175M | -$290M | -$395M | -$368M | -$309M | -$159M | -$88M | -$76M | -$87M | -$78M | -$292M | -$108M | -$155M | -$162M | -$49M | -$66M | -$98M | -$110M | -$156M | -$95M | $2M | -$61M | -$67M | -$77M | -$14M | $13M | $56M | $60M | $22M | $104M | $52M | -$61M | -$177M | -$83.7M | -$67.1M | -$42.1M | -$451.6M |
| Income Before Tax (EBT) | $5.1B | $4.54B | $3.98B | $4.04B | $3.87B | $3.74B | $4.2B | $4.08B | $4.08B | $3.66B | $4.22B | $3.8B | $3.61B | $473M | $3.72B | $3.79B | $3.51B | $3.6B | $3.05B | $2.53B | $2.07B | $1.78B | $1.37B | $1.58B | $1.42B | $1.26B | $1.13B | $904M | $689M | $409M | $375M | $343M | $413M | $227M | $331M | -$988M | $448.2M | $455M | $592.4M | $197.6M |
| Income Tax Expense | $893M | $758M | $669M | $646M | $616M | $571M | $718M | $727M | $1.17B | $977M | $1.18B | $1.13B | $1.12B | $854M | $1.17B | $1.16B | $1.11B | $1.13B | $967M | $817M | $621M | $582M | $368M | $533M | $481M | $361M | $246M | $315M | $130M | $139M | $128M | $120M | $143M | -$21M | -$43M | -$349M | $155.1M | $76M | $155.1M | $260.2M |
| Net Income | $4.21B | $3.78B | $3.31B | $3.39B | $3.26B | $3.17B | $3.48B | $3.35B | $2.91B | $2.57B | $3.04B | $2.53B | $2.36B | -$332M | $2.53B | $2.62B | $2.39B | $2.46B | $2.07B | $1.86B | $1.46B | $1.23B | $1B | $917M | $943M | $901M | $880M | $589M | $559M | $270M | $321M | $238M | $885M | $815M | $505M | -$578M | $293.1M | $379M | $437.3M | -$52.5M |
| Net Income Margin | 8.0% | 7.9% | 7.8% | 8.6% | 8.5% | 8.4% | 8.9% | 9.2% | 9.4% | 8.4% | 9.6% | 8.2% | 7.6% | -1.1% | 7.7% | 8.1% | 7.5% | 8.4% | 7.6% | 7.7% | 7.0% | 6.4% | 6.1% | 6.6% | 7.8% | 8.7% | 9.8% | 8.0% | 9.4% | 7.5% | 10.5% | 7.8% | 27.8% | 23.5% | 5.8% | -5.7% | 2.9% | 4.0% | 4.7% | -0.6% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 15.64 | 13.81 | 12.14 | 12.31 | 11.61 | 11.04 | 12.09 | 11.33 | 9.73 | 8.44 | 9.23 | 7.56 | 6.72 | -0.94 | 6.94 | 6.88 | 6.21 | 6.21 | 5.12 | 4.60 | 3.64 | 3.08 | 2.54 | 2.28 | 2.35 | 2.26 | 2.20 | 1.48 | 1.40 | 1.07 | 1.27 | 0.94 | 1.09 | 4.47 | 1.52 | -1.74 | 0.88 | 1.13 | 1.29 | -0.16 |
| Diluted EPS | 15.46 | 13.63 | 12.02 | 12.19 | 11.55 | 11.00 | 11.98 | 11.18 | 9.56 | 8.29 | 9.08 | 7.42 | 6.67 | -0.94 | 6.87 | 6.81 | 6.17 | 6.17 | 5.08 | 4.56 | 3.61 | 3.05 | 2.52 | 2.26 | 2.33 | 2.24 | 2.18 | 1.46 | 1.37 | 1.07 | 1.27 | 0.94 | 1.07 | 4.47 | 1.52 | -1.74 | 0.88 | 1.13 | 1.29 | -0.16 |
| Weighted Average OS | 269.90M | 277.48M | 273.14M | 275.31M | 280.43M | 286.92M | 288.29M | 295.30M | 299.20M | 304.70M | 321.30M | 335.20M | 350.70M | 352.78M | 364.10M | 381.20M | 385.50M | 396.20M | 404.42M | 403.42M | 401.64M | 399.13M | 395.58M | 402.71M | 402.28M | 399.68M | 400.00M | 399.00M | 251.89M | 252.34M | 251.97M | 252.27M | 251.84M | 182.53M | 333.33M | 333.14M | 333.07M | 335.40M | 340.31M | 338.71M |
| EBITDA | $6.34B | $5.82B | $5.25B | $5.31B | $5.19B | $5.11B | $5.5B | $5.22B | $4.63B | $4.21B | $4.8B | $4.4B | $4.24B | $1.23B | $4.46B | $4.53B | $4.25B | $4.18B | $3.6B | $3.07B | $2.67B | $2.42B | $1.73B | $1.85B | $1.76B | $1.56B | $1.4B | $1.08B | $800M | $420M | $353M | $360M | $365M | $231M | $695M | -$433M | $892.8M | $848.5M | $955M | $919.3M |
| EBITDA Margin | 12.1% | 12.2% | 12.4% | 13.5% | 13.5% | 13.5% | 14.0% | 14.4% | 15.0% | 13.8% | 15.1% | 14.3% | 13.7% | 4.0% | 13.7% | 13.9% | 13.3% | 14.3% | 13.2% | 12.7% | 12.7% | 12.6% | 10.6% | 13.4% | 14.6% | 15.1% | 15.7% | 14.6% | 13.4% | 11.7% | 11.5% | 11.8% | 11.5% | 6.7% | 7.9% | -4.3% | 8.9% | 8.9% | 10.2% | 10.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 | FY 1987 | FY 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 | 1988-12-31 | 1987-12-31 | 1986-12-31 |
| Assets | ||||||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $2.33B | $1.7B | $1.91B | $1.24B | $1.6B | $2.82B | $902M | $963M | $2.98B | $2.33B | $2.79B | $4.39B | $5.3B | $3.3B | $2.65B | $2.61B | $2.26B | $1.62B | $2.89B | $1.6B | $2.33B | $976M | $860M | $328M | $442M | $177M | $270M | $127M | $336M | $516M | $215M | $382M | $94M | $513M | $513M | $115M | $14.4M | $227.8M | $178.4M | $195.3M |
| Short-Term Investments | $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 |
| Cash and Short-Term Investments | $2.33B | $1.7B | $1.91B | $1.24B | $1.6B | $2.82B | $902M | $963M | $2.98B | $2.33B | $2.79B | $4.39B | $5.3B | $3.3B | $2.65B | $2.61B | $2.26B | $1.62B | $2.89B | $1.6B | $2.33B | $976M | $860M | $328M | $442M | $177M | $270M | $127M | $336M | $516M | $215M | $382M | $94M | $513M | $513M | $115M | $14.4M | $227.8M | $178.4M | $195.3M |
| Accounts Receivable | $10.79B | $11.22B | $11B | $11.8B | $11.54B | $11.19B | $11.4B | $10.34B | $8.86B | $7.61B | $3.45B | $4.05B | $9.18B | $4.2B | $4.45B | $3.85B | $3.68B | $3.47B | $2.87B | $2.34B | $2.03B | $1.46B | $1.38B | $1.07B | $996M | $798M | $746M | $316M | $234M | $97M | $105M | $104M | $62M | $496M | $444M | $3.1B | $3.23B | $553.3M | $2.43B | $1.95B |
| Inventory | $9.23B | $9.72B | $8.58B | $6.32B | $5.34B | $5.75B | $6.31B | $5.98B | $5.3B | $8.8B | $7.72B | $7.81B | $7.75B | $7.74B | $2.31B | $2.16B | $6.58B | $2.03B | $5.96B | $5.47B | $4.39B | $4.1B | $3.71B | $3.32B | $3.03B | $2.19B | $961M | $952M | $702M | $558M | $567M | $351M | $442M | $1.55B | $2.61B | $486M | $515.3M | $2.81B | $368.2M | $379.9M |
| Other Current Assets | $1.9B | $1.74B | $2.12B | $1.7B | $1.5B | $1.79B | $1.68B | $914M | $1.19B | $1.47B | $617M | $5.75B | $5.21B | $504M | $5.96B | $5.57B | $5.18B | $4.83B | $4.91B | $4.45B | $3.49B | $3.65B | $3B | $377M | $429M | $385M | $310M | $478M | $417M | $687M | $1.13B | $960M | $1.06B | $1.1B | $756M | $230M | $232.5M | $47.4M | $59.5M | $123.6M |
| Total Current Assets | $24.25B | $24.39B | $23.61B | $21.06B | $19.99B | $21.54B | $20.29B | $18.19B | $18.28B | $15.45B | $14.57B | $17.41B | $17.89B | $15.74B | $15.37B | $14.19B | $13.25B | $11.95B | $12.3B | $9.88B | $9.17B | $7.29B | $6.39B | $5.1B | $4.89B | $3.55B | $3.49B | $1.87B | $1.69B | $1.86B | $2.01B | $1.8B | $1.65B | $3.65B | $4.32B | $3.93B | $3.99B | $3.64B | $3.03B | $2.65B |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $7.53B | $6.47B | $6.2B | $5.9B | $5.42B | $5.1B | $4.47B | $4.35B | $3.52B | $3.47B | $3.47B | $3.33B | $3.42B | $3.4B | $3.28B | $2.97B | $2.91B | $2.87B | $2.47B | $2.17B | $2.13B | $2.17B | $2.08B | $1.86B | $1.77B | $1.29B | $1.17B | $698M | $592M | $441M | $398M | $264M | $302M | $322M | $1.03B | $1.56B | $1.81B | $1.7B | $1.5B | $1.36B |
| Goodwill | $21.01B | $20.56B | $20.59B | $20.33B | $20.1B | $20.05B | $19.68B | $19.59B | $11.91B | $11.45B | $11.44B | $11.73B | $11.98B | $12.05B | $13.58B | $12.65B | $12.27B | $11.41B | $8.94B | $8.54B | $6.69B | $6.45B | $6.08B | $3.51B | $3.11B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.38B | $1.52B | $1.66B | $1.82B | $1.98B | $2.12B | $2.31B | $2.58B | $702M | $678M | $763M | $912M | $1.22B | $1.38B | $1.81B | $1.99B | $2.1B | $1.62B | $972M | $1.18B | $898M | $954M | $1.03B | $560M | $648M | $2.53B | $2.51B | $1.52B | $1.2B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34.1M | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | -$28M | -$39M | -$41M | $0 | -$33M | $0 | $0 | -$1.36B | $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 |
| Deferred Tax Assets | $0 | $0 | $0 | $39M | $41M | $0 | $33M | $0 | $0 | $1.36B | $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 | $3.09B | $2.95B | $2.78B | $2.46B | $2.59B | $2.5B | $2.59B | $692M | $585M | $1.83B | $1.75B | $1.98B | $953M | $1.73B | $842M | $747M | $549M | $521M | $1.05B | $603M | $708M | $683M | $591M | $707M | $650M | $611M | $601M | $476M | $606M | $1B | $753M | $612M | $679M | $245M | $859M | $1.09B | $711.9M | $782.3M | $501.6M | $541.9M |
| Total Long-Term Assets | $33B | $31.49B | $31.2B | $30.52B | $30.09B | $29.77B | $29.06B | $27.22B | $16.72B | $17.43B | $17.43B | $17.95B | $17.56B | $18.57B | $19.52B | $18.36B | $17.83B | $16.42B | $13.44B | $12.5B | $10.42B | $10.26B | $9.79B | $6.63B | $6.18B | $4.44B | $4.28B | $2.7B | $2.4B | $1.44B | $1.15B | $876M | $981M | $567M | $1.89B | $2.65B | $2.56B | $2.48B | $2B | $1.91B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $57.25B | $55.88B | $54.81B | $51.59B | $50.07B | $51.31B | $48.84B | $45.41B | $34.99B | $32.87B | $32B | $35.35B | $35.45B | $34.31B | $34.88B | $32.55B | $31.08B | $28.37B | $25.73B | $22.38B | $19.59B | $17.54B | $16.18B | $11.73B | $11.07B | $7.99B | $7.77B | $4.57B | $4.09B | $3.3B | $3.16B | $2.67B | $2.63B | $4.22B | $6.21B | $6.57B | $6.55B | $6.12B | $5.03B | $4.55B |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $2.68B | $3.34B | $3.1B | $3.4B | $3.17B | $2.95B | $3.16B | $3.18B | $3.21B | $2.54B | $1.96B | $2.06B | $2.22B | $2.47B | $2.9B | $2.74B | $2.37B | $2.44B | $2.32B | $1.96B | $1.69B | $1.5B | $1.29B | $1.06B | $890M | $717M | $631M | $522M | $255M | $182M | $130M | $134M | $566M | $553M | $2.59B | $2.52B | $1.01B | $0 | $0 | $0 |
| Short-Term Debt | $1.01B | $1.5B | $507M | $1.25B | $1B | $3B | $2.92B | $973M | $2M | $900M | $501M | $501M | $1M | $1M | $23M | $773M | $705M | $911M | $673M | $7M | $510M | $6M | $747M | $732M | $1.21B | $340M | $853M | $60M | $108M | $0 | $0 | $0 | $0 | $145M | $516M | $78M | $84M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.26B | $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 | $9.82B | $9.49B | $9.56B | $7.44B | $6.27B | $6.28B | $7.15B | $7.27B | $6.99B | $4.94B | $5.67B | $7.33B | $6.58B | $6.04B | $5.01B | $4.46B | $4.31B | $4.15B | $3.44B | $2.95B | $1.63B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.46B | $1.45B | $1.39B | $1.5B | $1.85B | $2.08B | $2.38B | $2.37B | $2.11B | $7.42B | $3.66B | $3.14B | $2.59B | $2.27B | $2.37B | $3.2B | $2.99B | $2.85B | $2.73B | $2.91B | $2.15B | $2.71B | $3.58B | $2.79B | $2.48B | $1.84B | $1.97B | $879M | $928M | $651M | $729M | $492M | $209M | $1.25B | $0 | $323M | $981.2M | $2.05B | $2.11B | $2.24B |
| Total Current Liabilities | $16.8B | $17.82B | $16.43B | $15.34B | $13.98B | $15.96B | $16.8B | $14.74B | $13.05B | $12.85B | $12.45B | $13.75B | $12.19B | $11.62B | $11.14B | $11.18B | $10.37B | $10.36B | $9.16B | $7.82B | $6.91B | $5.37B | $5.62B | $4.58B | $4.58B | $2.9B | $3.45B | $1.46B | $1.29B | $833M | $859M | $626M | $775M | $1.95B | $3.11B | $2.92B | $2.08B | $2.05B | $2.11B | $2.24B |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $7.01B | $7.26B | $8.75B | $9.24B | $10.49B | $9.99B | $9.01B | $11.44B | $3.98B | $2.99B | $2.9B | $3.41B | $3.91B | $3.91B | $3.91B | $2.43B | $3.16B | $3.11B | $2.12B | $2.77B | $2.78B | $3.29B | $3.3B | $718M | $724M | $162M | $169M | $249M | $257M | $156M | $170M | $196M | $201M | $38M | $365M | $1.06B | $905.5M | $623.7M | $428.2M | $432.9M |
| Long-Term Unearned Revenue | $2.65B | $3B | $2.58B | $2.17B | $1.25B | $872M | $709M | $726M | $814M | $418M | $506M | $617M | $677M | $849M | $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 | $461M | $588M | $577M | $244M | $72M | $75M | $82M | $137M | $144M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4M | $639.9M | $470.1M | $363.7M | $222.3M |
| Other Long-Term Liabilities | $3.7B | $4.14B | $4.25B | $4.93B | $5.37B | $6.95B | $7.01B | $6.92B | $6.29B | $6.43B | $5.84B | $6.28B | $4.71B | $7.25B | $6.6B | $5.62B | $5.12B | $4.85B | $2.68B | $1.95B | $1.76B | $1.69B | $1.35B | $1.23B | $1.24B | $1.1B | $981M | $643M | $628M | $596M | $568M | $535M | $482M | $362M | $753M | $1.08B | $799.9M | $1.06B | $532.6M | $393.9M |
| Total Long-Term Liabilities | $14.83B | $15.99B | $17.08B | $17.68B | $18.45B | $19.68B | $18.57B | $18.94B | $10.51B | $9.05B | $8.81B | $9.78B | $8.75B | $11.3B | $10.51B | $8.05B | $8.28B | $7.96B | $4.8B | $4.72B | $4.54B | $4.98B | $4.65B | $1.95B | $1.96B | $1.27B | $1.15B | $892M | $885M | $752M | $738M | $731M | $683M | $400M | $1.12B | $2.15B | $2.35B | $2.15B | $1.32B | $1.05B |
| 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 | $0 | $0 | $0 |
| Total Liabilities | $31.63B | $33.82B | $33.51B | $33.02B | $32.43B | $35.65B | $35.26B | $33.68B | $23.56B | $21.9B | $21.26B | $23.53B | $20.95B | $22.92B | $21.65B | $19.23B | $18.65B | $18.32B | $13.96B | $12.55B | $11.45B | $10.36B | $10.26B | $6.53B | $6.54B | $4.17B | $4.6B | $2.35B | $2.18B | $1.58B | $1.6B | $1.36B | $1.46B | $2.35B | $4.23B | $5.06B | $4.42B | $4.2B | $3.43B | $3.29B |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $482M | $1.13B | $998M | $838M | $757M | $694M | $619M | $487M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $44.08B | $41.49B | $39.27B | $37.4B | $35.42B | $33.5B | $31.63B | $29.33B | $26.44B | $25.23B | $23.2B | $21.13B | $19.43B | $17.86B | $18.92B | $17.08B | $15.09B | $13.29B | $11.38B | $9.77B | $8.29B | $7.15B | $6.21B | $5.46B | $4.78B | $4.06B | $3.36B | $2.64B | $2.39B | $2.25B | $2.09B | $1.86B | $1.71B | $2.47B | $2.65B | $2.19B | $2.82B | $2.61B | $2.28B | $1.89B |
| Comprehensive Income & Other | -$483M | -$1.52B | -$1.16B | -$2.15B | -$1.92B | -$3.55B | -$4.22B | -$3.78B | -$2.82B | -$3.4B | -$3.29B | -$2.93B | -$1.19B | -$2.77B | -$2.31B | -$1.44B | -$1.21B | -$1.71B | $647M | $151M | $226M | $251M | $156M | $3M | -$14M | -$25M | -$6M | -$1.03B | -$1.1B | -$954M | -$810M | -$809M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$18.94B | -$19.91B | -$18.45B | -$19.32B | -$18.26B | -$18.32B | -$18.54B | -$18.08B | -$15.49B | -$14.73B | -$12.95B | -$9.78B | -$5.41B | -$6.95B | -$6.17B | -$4.24B | -$3.15B | -$3.72B | -$93M | -$424M | -$1.27B | -$955M | -$1.12B | -$1.01B | -$944M | -$858M | -$679M | -$421M | -$471M | -$540M | -$520M | -$544M | -$532M | -$600M | -$671M | -$685M | -$692M | -$689.8M | -$679.3M | -$620.6M |
| Total Equity | $25.62B | $22.06B | $21.3B | $18.57B | $17.64B | $15.66B | $13.58B | $11.73B | $11.44B | $10.98B | $10.74B | $11.83B | $14.5B | $11.39B | $13.23B | $13.32B | $12.42B | $10.05B | $11.77B | $9.83B | $8.14B | $7.19B | $5.92B | $5.2B | $4.53B | $3.82B | $3.17B | $2.22B | $1.92B | $1.71B | $1.57B | $1.32B | $1.18B | $1.87B | $1.98B | $1.51B | $2.13B | $1.92B | $1.6B | $1.26B |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $57.25B | $55.88B | $54.81B | $51.59B | $50.07B | $51.31B | $48.84B | $45.41B | $34.99B | $32.87B | $32B | $35.35B | $35.45B | $34.31B | $34.88B | $32.55B | $31.08B | $28.37B | $25.73B | $22.38B | $19.59B | $17.54B | $16.18B | $11.73B | $11.07B | $7.99B | $7.77B | $4.57B | $4.09B | $3.3B | $3.16B | $2.67B | $2.63B | $4.22B | $6.21B | $6.57B | $6.55B | $6.12B | $5.03B | $4.55B |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $9.79B | $10.68B | $11.08B | $12.11B | $13.18B | $14.73B | $13.43B | $12.42B | $3.98B | $3.89B | $3.4B | $3.91B | $3.91B | $3.91B | $3.93B | $3.2B | $3.86B | $4.02B | $2.79B | $2.78B | $3.29B | $3.3B | $4.04B | $1.45B | $1.94B | $502M | $1.02B | $309M | $365M | $156M | $170M | $196M | $201M | $183M | $881M | $1.14B | $989.5M | $623.7M | $428.2M | $432.9M |
| Net Debt | $7.46B | $8.98B | $9.17B | $10.87B | $11.57B | $11.91B | $12.53B | $11.45B | $999M | $1.55B | $614M | -$477M | -$1.39B | $613M | $1.28B | $590M | $1.6B | $2.4B | -$100M | $1.18B | $960M | $2.32B | $3.18B | $1.12B | $1.49B | $325M | $752M | $182M | $29M | -$360M | -$45M | -$186M | $107M | -$330M | $368M | $1.02B | $975.1M | $395.9M | $249.8M | $237.6M |
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 | $4.21B | $3.78B | $3.31B | $3.39B | $3.26B | $3.17B | $3.48B | $3.35B | $2.91B | $2.96B | $2.96B | $2.53B | $2.36B | -$332M | $2.53B | $2.62B | $2.41B | $2.48B | $2.08B | $1.71B | $1.46B | $1.2B | $997M | $1.05B | $943M | $901M | $880M | $364M | $316M | $270M | $321M | $223M | $885M | $441M | $505M | -$578M | $293.1M |
| Depreciation & Amortization | $924M | $886M | $863M | $884M | $890M | $878M | $829M | $763M | $441M | $453M | $482M | $496M | $556M | $620M | $592M | $569M | $562M | $447M | $423M | $384M | $327M | $322M | $277M | $213M | $271M | $226M | $200M | $161M | $124M | $67M | $38M | $39M | $56M | $56M | $303M | $378M | $360.9M |
| Deferred Income Tax | $256M | -$86M | -$177M | -$178M | -$66M | -$127M | $92M | -$3M | $401M | $376M | $167M | $136M | $104M | -$148M | $14M | $56M | $227M | $196M | $122M | $45M | $144M | $279M | $134M | $179M | $117M | $128M | $41M | -$2M | -$15M | -$61M | $36M | $4M | $5M | -$93M | -$554M | -$470M | -$65.1M |
| Stock-Based Compensation | $196M | $183M | $181M | $165M | $126M | $128M | $133M | $140M | $123M | $100M | $110M | $128M | $120M | $114M | $128M | $118M | $117M | $105M | $86M | $61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | $556M | -$245M | $38M | $46M | $138M | $371M | $176M | $417M | -$195M | -$161M | $604M | $330M | -$205M | $240M | -$420M | -$152M | -$151M | -$386M | -$519M | -$160M | -$555M | -$66M | $48M | -$90M | -$38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $450M | -$1.2B | -$2.22B | -$980M | $405M | $502M | -$376M | -$591M | -$182M | -$1.19B | $75M | -$22M | -$23M | -$329M | -$186M | -$23M | -$72M | -$183M | -$135M | -$237M | -$120M | -$54M | $188M | -$141M | -$223M | -$71M | -$189M | -$209M | $86M | $41M | $6M | $91M | -$10M | -$76M | $237M | $132M | -$519.1M |
| Accounts Payable | -$664M | $247M | -$303M | $224M | $194M | -$215M | $6M | -$197M | $657M | $567M | -$89M | -$161M | -$223M | -$441M | $17M | $366M | -$92M | -$38M | $340M | $180M | $190M | $168M | $58M | $137M | $48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$150M | $609M | $3.12B | $1.39B | -$56M | -$823M | -$1.4B | -$454M | -$464M | -$855M | -$1.84B | $445M | $204M | $752M | $653M | -$558M | -$273M | $1.22B | $558M | $125M | $619M | -$163M | $43M | -$153M | -$79M | -$34M | $158M | $136M | $115M | $853M | -$166M | -$235M | -$1M | $103M | $233M | $825M | $174.5M |
| Total Working Capital Change | $192M | -$584M | $635M | $680M | $681M | -$165M | -$1.59B | -$825M | -$184M | -$1.64B | -$1.25B | $592M | -$247M | $222M | $64M | -$367M | -$588M | $608M | $244M | -$92M | $134M | -$115M | $337M | -$247M | -$292M | -$105M | -$31M | -$73M | $201M | $894M | -$160M | -$144M | -$11M | $27M | $470M | $957M | -$344.6M |
| Other Non-Cash Items | -$658M | -$69M | -$107M | -$362M | -$617M | -$23M | $37M | -$272M | $186M | -$50M | $24M | -$157M | $216M | $2.21B | -$86M | -$14M | $115M | -$724M | -$30M | $20M | -$10M | $113M | -$13M | -$70M | $64M | -$79M | -$2M | -$80M | -$69M | -$13M | -$15M | -$14M | -$30M | -$36M | $36M | $55M | -$50.4M |
| Net Cash from Operating | $5.12B | $4.11B | $4.71B | $4.58B | $4.27B | $3.86B | $2.98B | $3.15B | $3.88B | $2.2B | $2.5B | $3.73B | $3.11B | $2.69B | $3.24B | $2.99B | $2.84B | $3.11B | $2.92B | $2.13B | $2.06B | $1.8B | $1.72B | $1.13B | $1.1B | $1.07B | $1.02B | $370M | $557M | $1.04B | $230M | $139M | -$148M | $490M | $673M | $609M | $193.9M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$1.16B | -$916M | -$904M | -$1.11B | -$887M | -$967M | -$987M | -$690M | -$428M | -$392M | -$569M | -$521M | -$440M | -$450M | -$458M | -$370M | -$385M | -$490M | -$474M | -$334M | -$279M | -$266M | -$224M | -$264M | -$356M | -$288M | -$1.29B | -$414M | -$1.31B | -$75M | -$32M | -$23M | -$14M | -$18M | -$82M | -$321M | -$418.8M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | -$203M | -$19M | -$10.1B | -$399M | -$49M | -$5M | $0 | -$1M | -$444M | -$1.56B | -$233M | -$811M | -$3.22B | -$330M | -$2.34B | -$277M | -$543M | -$3.04B | -$275M | -$1.45B | -$71M | $18M | $98M | $34M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$123M | -$636M | -$135M | -$512M | -$832M | -$468M | -$489M | -$1.41B | -$2.8B | $0 | -$10M | -$46M | -$30M | -$41M | -$45M | -$23M | -$37M | -$443M | -$440M | -$986M | $0 | $0 | -$109M | -$125M | -$307M | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $628M | $139M | $113M | $731M | $676M | $605M | $254M | $1.42B | $2.62B | $0 | $18M | $37M | $31M | $39M | $42M | $29M | $91M | $493M | $916M | $484M | $13M | $17M | $60M | $32M | $0 | $0 | $4.3M |
| Other Investing Activities | -$133M | -$43M | -$41M | -$375M | $5M | $196M | $12M | $555M | $36M | -$34M | $264M | -$84M | $96M | $19M | $200M | $58M | $39M | $35M | $131M | $360M | $367M | $35M | $35M | $141M | $64M | $24M | -$8M | -$3M | -$5M | -$28M | -$273M | $259M | $1.53B | $1.04B | $240M | $12M | -$31.6M |
| Net Cash from Investing | -$1.29B | -$959M | -$945M | -$1.49B | -$882M | -$974M | -$994M | -$10.23B | -$791M | -$426M | $200M | -$1.1B | -$367M | -$656M | -$1.97B | -$408M | -$1.39B | -$3.66B | -$852M | -$2.32B | -$181M | -$783M | -$3.23B | -$400M | -$1.75B | -$329M | -$1.22B | -$269M | -$808M | -$605M | -$292M | $253M | $1.47B | $928M | -$149M | -$309M | -$446.1M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | $753M | $500M | $1.25B | $1B | $1.5B | -$1.46B | - | -$7.46B | -$85M | -$492M | $500M | - | - | $18M | -$747M | $700M | -$747M | -$1.25B | - | $500M | - | $65M | $40M | $76M | $133M | $10M | -$411M | $214M | -$183M | $8M | $17M | $16M | $161M | $454M | $23M | $216M | -$84.3M |
| 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 | $0 | $0 | $0 | $111M | $51M | $54M | $33M | $8M | $4M | $14M | $8M | $57M | $0 | $0 | $0 |
| Common Stock Repurchases | -$637M | -$1.5B | -$434M | -$1.23B | -$1.83B | -$587M | -$231M | -$1.77B | -$1.56B | -$2B | -$3.23B | -$3.38B | -$740M | -$602M | -$1.47B | -$1.19B | -$209M | -$1.52B | -$505M | -$85M | -$348M | $0 | -$300M | -$100M | -$113M | -$208M | -$59M | -$226M | -$60M | -$23M | $0 | -$22M | $0 | -$960M | $0 | -$2M | -$14.4M |
| Dividends Paid | -$1.59B | -$1.53B | -$1.43B | -$1.37B | -$1.31B | -$1.24B | -$1.15B | -$1.07B | -$986M | -$911M | -$873M | -$822M | -$591M | -$893M | -$673M | -$631M | -$577M | -$533M | -$445M | -$359M | -$314M | -$278M | -$249M | -$236M | -$219M | -$202M | -$136M | -$108M | -$102M | -$101M | -$92M | -$84M | -$56M | -$55M | -$42M | -$41M | -$41.7M |
| Other Financing Activities | -$207M | $161M | $18M | $127M | $50M | -$95M | -$55M | -$503M | $60M | $246M | $79M | $629M | $606M | -$15M | $193M | $290M | $137M | $88M | $164M | $152M | $142M | -$548M | $3.16B | $27M | $48M | $93M | $0 | -$2M | $17M | -$6M | $0 | $4M | -$1.53B | $0 | -$55M | $60M | $10.6M |
| Net Cash from Financing | -$3.19B | -$3.37B | -$3.09B | -$3.47B | -$4.59B | -$903M | -$2B | $5.09B | -$2.4B | -$2.17B | -$4.26B | -$3.58B | -$725M | -$1.38B | -$1.2B | -$2.23B | -$806M | -$718M | -$786M | -$539M | -$520M | -$904M | $2.04B | -$836M | $908M | -$835M | $267M | -$310M | $71M | -$130M | -$105M | -$104M | -$1.74B | -$1.41B | -$120M | -$199M | $38.8M |
| Forex Effect | $0 | $0 | $0 | $20M | -$20M | -$59M | -$51M | -$20M | -$40M | -$54M | -$43M | $36M | -$9M | -$2M | -$27M | -$2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$101M | $251M | -$431M | $62M | -$392M | -$1.32B | -$1.42B | -$524M | -$300M | $252.2M |
| Net Change in Cash | $636M | -$216M | $671M | -$361M | -$1.22B | $1.92B | -$61M | -$2.02B | $649M | -$451M | -$1.6B | -$913M | $2B | $647M | $36M | $350M | $642M | -$1.27B | $1.29B | -$727M | $1.35B | $115M | $532M | -$111M | $265M | -$93M | $60M | -$310M | $71M | -$130M | -$105M | -$104M | -$1.74B | -$1.41B | -$120M | -$199M | $38.8M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $5.12B | $4.11B | $4.71B | $4.58B | $4.27B | $3.86B | $2.98B | $3.15B | $3.88B | $2.2B | $2.5B | $3.73B | $3.11B | $2.69B | $3.24B | $2.99B | $2.84B | $3.11B | $2.92B | $2.13B | $2.06B | $1.8B | $1.72B | $1.13B | $1.1B | $1.07B | $1.02B | $370M | $557M | $1.04B | $230M | $139M | -$148M | $490M | $673M | $609M | $193.9M |
| Capital Expenditure | -$1.16B | -$916M | -$904M | -$1.11B | -$887M | -$967M | -$987M | -$690M | -$428M | -$392M | -$569M | -$521M | -$440M | -$450M | -$458M | -$370M | -$385M | -$490M | -$474M | -$334M | -$279M | -$266M | -$224M | -$264M | -$356M | -$288M | -$1.29B | -$414M | -$1.31B | -$75M | -$32M | -$23M | -$14M | -$18M | -$82M | -$321M | -$418.8M |
| Free Cash Flow | $3.96B | $3.2B | $3.81B | $3.46B | $3.38B | $2.89B | $1.99B | $2.46B | $3.45B | $1.81B | $1.93B | $3.21B | $2.67B | $2.24B | $2.78B | $2.62B | $2.46B | $2.62B | $2.45B | $1.79B | $1.78B | $1.54B | $1.5B | $861M | $747M | $783M | -$271M | -$44M | -$756M | $961M | $198M | $116M | -$162M | $472M | $591M | $288M | -$224.9M |
| Cash at Beginning | $1.7B | $1.91B | $1.24B | $1.6B | $2.82B | $902M | $963M | $2.98B | $2.33B | $2.79B | $4.39B | $5.3B | $3.3B | $2.65B | $2.61B | $2.26B | $1.62B | $2.89B | $1.6B | $2.33B | $976M | $861M | $328M | $439M | $177M | $270M | $210M | $336M | $516M | $215M | $382M | $94M | $511M | $507M | $109M | $14M | $227.8M |
| Cash at End | $2.33B | $1.7B | $1.91B | $1.24B | $1.6B | $2.82B | $902M | $963M | $2.98B | $2.33B | $2.79B | $4.39B | $5.3B | $3.3B | $2.65B | $2.61B | $2.26B | $1.62B | $2.89B | $1.6B | $2.33B | $976M | $860M | $328M | $442M | $177M | $270M | $26M | $587M | $85M | $277M | -$10M | -$1.23B | -$905M | -$11M | -$185M | $266.6M |