ILLINOIS TOOL WORKS INC (ITW)
Illinois Tool Works Inc. is a global enterprise specializing in the production and distribution of a wide array of industrial goods and specialized equipment. The company operates through seven distinct divisions: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM division supplies plastic and metal components, various fastening solutions, and integrated assemblies for automobiles, light-duty trucks, and other industrial applications. Its Food Equipment segment delivers commercial kitchen appliances for washing, refrigeration, cooking, and food processing, alongside comprehensive kitchen exhaust, ventilation, and pollution control systems, and offers related maintenance and repair services. The Test & Measurement and Electronics unit manufactures and sells machinery, expendable supplies, and accompanying software designed for assessing materials and structural integrity, in addition to equipment and consumables critical for the creation of electronic subassemblies and microelectronic components. The Welding division focuses on arc welding apparatus, coupled with metal arc welding consumables and associated accessories. The Polymers & Fluids segment produces adhesives, sealing compounds, lubrication and cutting fluids, and various fluids and polymers intended for automotive aftermarket upkeep and cosmetic purposes. The Construction Products segment provides purpose-engineered fastening systems and comprehensive solutions for new housing, renovation projects, and commercial building industries. Lastly, the Specialty Products segment delivers machinery and supplies for beverage packaging, equipment and expendables for product identification and marking, and specialized components and fasteners for appliances. ITW's broad clientele encompasses sectors such as automotive original equipment manufacturers (OEMs) and their suppliers, the commercial food service industry, construction companies, general industrial enterprises, and the automotive aftermarket. The corporation distributes its offerings directly to industrial manufacturers and via an extensive network of independent distributors. Established in 1912, Illinois Tool Works Inc. is headquartered in Glenview, Illinois.
Sector: General Industrial Machinery & Equipment
Industry: Industrial - Machinery
Illinois Tool Works Inc.
NYSE:ITWIndustrials · Industrial - Machinery
-1.25%$275.75
AH Close$275.75+0.00%vs close
AH Close$275.75+0.00%vs close
Mkt Cap$78.53B
Float225.02M
O/S284.8M
Inst Own84.2%
SI4.1%
Div Yield2.38%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$16.04B
Net Income$3.07B
Total Assets$16.15B
Free Cash Flow$2.71B
Debt & Equity
Debt 74%
Equity 26%
Total Debt$8.97B
Total Equity$3.23B
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitMay 26, 20061 share → 2
Balance Sheet Details
Assets$16.15B
Liabilities$12.92B
Accounts Receivable$3.4B
Accounts Payable$522M
Inventory$1.66B
PP&E (Net)$2.52B
Goodwill$5.1B
Intangible Assets$591M
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 | $16.04B | $15.9B | $16.11B | $15.93B | $14.46B | $12.57B | $14.11B | $14.77B | $14.31B | $13.6B | $13.4B | $14.48B | $14.13B | $17.92B | $17.79B | $15.87B | $13.88B | $15.87B | $16.17B | $14.06B | $12.92B | $11.73B | $10.04B | $9.47B | $9.29B | $9.98B | $9.33B | $5.65B | $5.22B | $5B | $4.15B | $3.46B | $3.16B | $2.81B | $2.64B | $2.54B | $2.17B | $1.93B | $1.7B | $961.1M |
| YoY Growth | 0.9% | -1.3% | 1.1% | 10.2% | 15.0% | -10.9% | -4.5% | 3.2% | 5.3% | 1.4% | -7.4% | 2.5% | -21.1% | 0.8% | 12.1% | 14.4% | -12.6% | -1.9% | 15.1% | 8.8% | 10.1% | 16.9% | 6.0% | 1.9% | -6.9% | 7.0% | 65.3% | 8.2% | 4.5% | 20.3% | 20.0% | 9.6% | 12.4% | 6.5% | 3.8% | 17.1% | 12.6% | 13.6% | 76.7% | - |
| Cost of Revenue | $8.97B | $8.96B | $9.43B | $9.56B | $8.62B | $7.53B | $8.35B | $8.79B | $8.52B | $8.12B | $8.12B | $8.91B | $8.8B | $11.74B | $11.77B | $10.2B | $9.35B | $10.46B | $10.61B | $9.18B | $8.43B | $7.63B | $6.53B | $6.21B | $6.19B | $6.19B | $5.77B | $3.47B | $3.24B | $3.14B | $2.6B | $2.19B | $1.99B | $1.74B | $1.65B | $1.59B | $1.37B | $1.21B | $1.06B | $586.1M |
| Gross Profit | $7.08B | $6.94B | $6.68B | $6.37B | $5.83B | $5.04B | $5.76B | $5.97B | $5.8B | $5.48B | $5.29B | $5.57B | $5.33B | $6.18B | $6.01B | $5.21B | $4.53B | $5.41B | $5.56B | $4.87B | $4.49B | $4.1B | $3.51B | $3.25B | $3.1B | $3.79B | $3.56B | $2.18B | $1.98B | $1.85B | $1.55B | $1.27B | $1.17B | $1.07B | $991.2M | $957.1M | $805.7M | $716.9M | $636.6M | $375M |
| Gross Margin | 44.1% | 43.6% | 41.5% | 40.0% | 40.4% | 40.1% | 40.8% | 40.5% | 40.5% | 40.3% | 39.4% | 38.4% | 37.7% | 34.5% | 33.8% | 32.8% | 32.6% | 34.1% | 34.4% | 34.7% | 34.7% | 35.0% | 35.0% | 34.4% | 33.4% | 38.0% | 38.1% | 38.6% | 38.0% | 37.1% | 37.5% | 36.8% | 37.0% | 38.2% | 37.5% | 37.6% | 37.1% | 37.1% | 37.5% | 39.0% |
| Research and Development | $0 | $292M | $284M | $269M | $239M | $214M | $221M | $233M | $225M | $223M | $218M | $227M | $240M | $266M | $242.98M | $213.34M | $198.54M | $210.72M | $203.49M | $144.91M | $127.87M | $123.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.78B | $2.38B | $2.35B | $2.31B | $2.12B | $1.95B | $2.14B | $2.16B | $2.17B | $2.19B | $2.2B | $2.45B | $2.58B | $3.07B | $3.04B | $2.74B | $2.84B | $2.86B | $2.73B | $2.29B | $2.09B | $1.9B | $1.85B | $1.72B | $1.69B | $1.81B | $1.73B | $890.6M | $870.3M | $875.4M | $776.6M | $650.1M | $658.4M | $586.8M | $552.9M | $510.3M | $417.9M | $369.1M | $339.1M | $223.8M |
| Other | $80M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $24.28M | $27.93M | $104.58M | $413.37M | $343.3M | $211.8M | $185.4M | $178.2M | $151.9M | $132.1M | $131.7M | $125.3M | $115.4M | $102.1M | $84.7M | $75.1M | $57.8M | $37.2M |
| Total Operating Expenses | $2.86B | $2.67B | $2.64B | $2.58B | $2.36B | $2.16B | $2.36B | $2.39B | $2.4B | $2.42B | $2.42B | $2.68B | $2.81B | $3.33B | $3.28B | $2.96B | $3.04B | $3.07B | $2.93B | $2.43B | $2.21B | $2.02B | $1.87B | $1.75B | $1.8B | $2.23B | $2.07B | $1.1B | $1.06B | $1.05B | $928.5M | $782.2M | $790.1M | $712.1M | $668.3M | $612.4M | $502.6M | $444.2M | $396.9M | $261M |
| Operating Income (EBIT) | $4.22B | $4.26B | $4.04B | $3.79B | $3.48B | $2.88B | $3.4B | $3.58B | $3.49B | $3.06B | $2.87B | $2.89B | $2.51B | $2.85B | $2.73B | $2.36B | $1.39B | $2.34B | $2.62B | $2.42B | $2.26B | $2.06B | $1.63B | $1.51B | $1.31B | $1.56B | $1.49B | $1.08B | $927.1M | $800.6M | $626.5M | $491.8M | $378.5M | $362.4M | $322.9M | $344.7M | $303.1M | $272.7M | $239.7M | $114M |
| Operating Margin | 26.3% | 26.8% | 25.1% | 23.8% | 24.1% | 22.9% | 24.1% | 24.3% | 24.4% | 22.5% | 21.4% | 19.9% | 17.8% | 15.9% | 15.4% | 14.8% | 10.0% | 14.7% | 16.2% | 17.2% | 17.5% | 17.5% | 16.3% | 15.9% | 14.1% | 15.7% | 15.9% | 19.1% | 17.8% | 16.0% | 15.1% | 14.2% | 12.0% | 12.9% | 12.2% | 13.5% | 14.0% | 14.1% | 14.1% | 11.9% |
| Interest Expense | $292M | $283M | $266M | $203M | $202M | $206M | $221M | $257M | $260M | $237M | $226M | $250M | $239M | $214M | $192.13M | $175.46M | $164.84M | $154.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $44M | $53M | $31M | $41M | $25M | $44M | $44M | $61M | $38M | $56M | $73M | $62M | $51M | $57.76M | $44.87M | $22.5M | $46.11M | $42.79M | $109.51M | $27.86M | $25.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$250M | $158M | -$217M | $52M | -$151M | -$178M | -$114M | -$190M | -$215M | -$156M | -$148M | -$189M | -$167M | $756M | -$138.29M | -$42.01M | -$172.19M | -$149.75M | $132.09M | $6.53M | -$92.33M | -$78.92M | -$57.34M | -$72.21M | -$75.25M | -$85.26M | -$133.8M | -$28.3M | -$4.8M | -$30.3M | -$2.8M | -$41.5M | -$42.6M | -$52.6M | -$35.1M | -$44.8M | -$34.1M | -$39.9M | -$39.6M | $34.1M |
| Income Before Tax (EBT) | $3.97B | $4.42B | $3.82B | $3.84B | $3.33B | $2.7B | $3.29B | $3.39B | $3.27B | $2.91B | $2.72B | $2.7B | $2.35B | $3.6B | $2.59B | $2.21B | $1.21B | $2.19B | $2.58B | $2.45B | $2.18B | $2B | $1.58B | $1.43B | $1.23B | $1.48B | $1.35B | $1.06B | $924.4M | $770.3M | $623.7M | $450.3M | $335.9M | $309.8M | $287.8M | $299.9M | $269M | $232.8M | $200.1M | $148.1M |
| Income Tax Expense | $900M | $934M | $866M | $808M | $632M | $595M | $767M | $831M | $1.58B | $873M | $820M | $809M | $717M | $1.11B | $575.7M | $684.8M | $244.3M | $608.1M | $754.9M | $727.5M | $686.7M | $659.8M | $535.9M | $501.75M | $428.4M | $520.2M | $511.6M | $386.8M | $337.4M | $284M | $236.1M | $172.5M | $129.3M | $117.7M | $107.2M | $117.5M | $105.2M | $92.8M | $93.9M | $68.5M |
| Net Income | $3.07B | $3.49B | $2.96B | $3.03B | $2.69B | $2.11B | $2.52B | $2.56B | $1.69B | $2.04B | $1.9B | $2.95B | $1.68B | $2.87B | $2.07B | $1.53B | $947.01M | $1.52B | $1.87B | $1.72B | $1.49B | $1.34B | $1.02B | $712.59M | $805.66M | $957.98M | $841.1M | $672.8M | $587M | $486.3M | $387.6M | $277.8M | $206.6M | $192.1M | $180.6M | $182.4M | $163.8M | $140M | $106.2M | $79.6M |
| Net Income Margin | 19.1% | 21.9% | 18.4% | 19.0% | 18.6% | 16.8% | 17.9% | 17.4% | 11.8% | 15.0% | 14.2% | 20.3% | 11.9% | 16.0% | 11.6% | 9.6% | 6.8% | 9.6% | 11.6% | 12.2% | 11.6% | 11.4% | 10.2% | 7.5% | 8.7% | 9.6% | 9.0% | 11.9% | 11.2% | 9.7% | 9.3% | 8.0% | 6.5% | 6.8% | 6.8% | 7.2% | 7.5% | 7.3% | 6.3% | 8.3% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 10.52 | 11.75 | 9.77 | 9.80 | 8.55 | 6.66 | 7.78 | 7.65 | 4.90 | 5.73 | 5.16 | 7.33 | 3.76 | 6.11 | 4.21 | 3.00 | 1.89 | 2.93 | 3.39 | 3.04 | 1.31 | 1.11 | 1.67 | 1.17 | 1.33 | 1.59 | 1.40 | 1.62 | 0.58 | 0.25 | 0.21 | 0.61 | 0.11 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.01 |
| Diluted EPS | 10.49 | 11.71 | 9.74 | 9.77 | 8.51 | 6.63 | 7.74 | 7.60 | 4.86 | 5.70 | 5.13 | 7.28 | 3.74 | 6.06 | 4.19 | 2.99 | 1.89 | 2.91 | 3.36 | 3.01 | 1.30 | 1.10 | 1.66 | 1.16 | 1.32 | 1.58 | 1.38 | 1.33 | 0.57 | 0.24 | 0.20 | 0.61 | 0.11 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.01 |
| Weighted Average OS | 292.28M | 296.80M | 302.60M | 309.60M | 315.10M | 316.90M | 323.90M | 335.00M | 344.10M | 355.00M | 367.90M | 401.70M | 446.20M | 469.80M | 491.40M | 500.80M | 500.18M | 518.61M | 551.55M | 565.05M | 574.67M | 610.44M | 614.82M | 611.67M | 608.04M | 602.50M | 600.79M | 500.26M | 499.20M | 496.08M | 473.48M | 453.55M | 453.17M | 448.62M | 445.74M | 438.44M | 429.33M | 422.78M | 414.58M | 410.03M |
| EBITDA | $4.66B | $5.11B | $4.48B | $4.46B | $3.94B | $3.34B | $3.94B | $4.11B | $3.99B | $3.62B | $3.42B | $3.46B | $3.11B | $4.43B | $3.38B | $2.81B | $2.05B | $3.04B | $3.21B | $2.97B | $2.65B | $2.45B | $1.94B | $1.81B | $1.69B | $1.98B | $1.83B | $1.61B | $1.36B | $978.8M | $797.9M | $623.9M | $510.2M | $487.7M | $438.3M | $446.8M | $387.8M | $347.8M | $297.5M | $151.2M |
| EBITDA Margin | 29.0% | 32.1% | 27.8% | 28.0% | 27.2% | 26.5% | 27.9% | 27.8% | 27.9% | 26.6% | 25.5% | 23.9% | 22.0% | 24.7% | 19.0% | 17.7% | 14.8% | 19.1% | 19.8% | 21.2% | 20.5% | 20.9% | 19.3% | 19.1% | 18.2% | 19.8% | 19.6% | 28.4% | 26.1% | 19.6% | 19.2% | 18.0% | 16.1% | 17.3% | 16.6% | 17.6% | 17.8% | 18.0% | 17.5% | 15.7% |
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 | $851M | $948M | $1.06B | $708M | $1.53B | $2.56B | $1.98B | $1.5B | $3.09B | $2.47B | $3.09B | $3.99B | $3.62B | $2.78B | $1.18B | $1.19B | $1.32B | $742.95M | $827.52M | $590.21M | $370.42M | $667.39M | $1.68B | $1.06B | $282.22M | $151.29M | $233M | $93.5M | $185.9M | $137.7M | $116.6M | $76.9M | $35.4M | $31.2M | $93.1M | $46.8M | $30.9M | $26.7M | $32.1M | $27.1M |
| 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 | $851M | $948M | $1.06B | $708M | $1.53B | $2.56B | $1.98B | $1.5B | $3.09B | $2.47B | $3.09B | $3.99B | $3.62B | $2.78B | $1.18B | $1.19B | $1.32B | $742.95M | $827.52M | $590.21M | $370.42M | $667.39M | $1.68B | $1.06B | $282.22M | $151.29M | $233M | $93.5M | $185.9M | $137.7M | $116.6M | $76.9M | $35.4M | $31.2M | $93.1M | $46.8M | $30.9M | $26.7M | $32.1M | $27.1M |
| Accounts Receivable | $3.4B | $3.1B | $3.25B | $3.27B | $2.94B | $2.62B | $2.61B | $2.62B | $2.63B | $2.36B | $2.2B | $2.47B | $2.37B | $3.04B | $3B | $2.68B | $2.49B | $2.61B | $3.21B | $2.77B | $2.1B | $2.05B | $1.72B | $1.5B | $1.45B | $1.65B | $1.63B | $989.1M | $902M | $840.1M | $741.3M | $612.6M | $544.2M | $492.2M | $483M | $474.1M | $380.2M | $316.5M | $578.7M | $239.6M |
| Inventory | $1.66B | $1.6B | $1.71B | $2.05B | $1.69B | $1.19B | $1.16B | $1.32B | $1.22B | $1.08B | $1.09B | $1.18B | $1.25B | $1.58B | $1.72B | $1.55B | $1.36B | $1.67B | $1.63B | $1.48B | $1.2B | $1.28B | $991.98M | $962.75M | $994.16M | $1.18B | $1.08B | $581.8M | $523M | $526M | $519M | $439.5M | $403.9M | $400.6M | $427.2M | $468M | $365.2M | $315.6M | $20.1M | $278.9M |
| Other Current Assets | $226M | $147M | $157M | $183M | $140M | $119M | $472M | $334M | $336M | $218M | $341M | $2.91B | $2.59B | $500M | $919M | $301.59M | $231.86M | $866.11M | $476.97M | $316.18M | $168.74M | $147.42M | $217.64M | $221.78M | $297.61M | $341.75M | $324.8M | $170.1M | $247.7M | $197.3M | $155.6M | $133.9M | $110.1M | $80.8M | $84.7M | $154.6M | $47.9M | $54.8M | $43.3M | $52.2M |
| Total Current Assets | $6.2B | $5.86B | $6.24B | $6.27B | $6.37B | $6.52B | $6.25B | $5.78B | $7.28B | $6.12B | $6.72B | $8.08B | $9.82B | $7.96B | $6.85B | $5.97B | $5.67B | $5.92B | $6.17B | $5.21B | $4.11B | $4.32B | $4.78B | $3.88B | $3.16B | $3.33B | $3.27B | $1.83B | $1.86B | $1.7B | $1.53B | $1.26B | $1.09B | $1B | $1.09B | $1.14B | $824.2M | $713.6M | $674.2M | $597.8M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $2.52B | $2.3B | $2.22B | $1.85B | $1.81B | $1.78B | $1.73B | $1.79B | $1.78B | $1.65B | $1.58B | $1.69B | $1.71B | $1.99B | $2.03B | $2.02B | $2.14B | $1.97B | $2.19B | $2.05B | $1.81B | $1.88B | $1.73B | $1.63B | $1.63B | $1.72B | $1.63B | $987.5M | $884.1M | $808.3M | $694.9M | $641.2M | $583.8M | $524.1M | $525.7M | $483.5M | $413.6M | $342.8M | $318.7M | $317.8M |
| Goodwill | $5.1B | $4.84B | $4.91B | $4.86B | $4.96B | $4.69B | $4.49B | $4.63B | $4.75B | $4.56B | $4.44B | $4.67B | $4.89B | $5.53B | $5.2B | $4.88B | $4.86B | $4.5B | $4.39B | $4.03B | $3.01B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $591M | $592M | $657M | $768M | $972M | $781M | $851M | $1.08B | $1.27B | $1.46B | $1.56B | $1.8B | $2B | $2.26B | $2.23B | $1.69B | $1.72B | $1.77B | $1.3B | $1.11B | $669.93M | $3.19B | $2.8B | $2.62B | $2.74B | $2.48B | $2.03B | $1.19B | $774.3M | $711.2M | $518.7M | $394.2M | $363.8M | $356.6M | $350.4M | $294.9M | $289M | $183.8M | $189.2M | $198.4M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $51M | $51M | $53M | $73M | $212M | $251M | $294M | $146M | $408.91M | $441.61M | $451.29M | $466M | $508M | $595M | $896M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $519M | $369M | $479M | $494M | $552M | $533M | $516M | $554M | $505M | $449M | $346M | $301M | $359M | $391M | $633.83M | $623.34M | $673.04M | $76.27M | $61.42M | $116.25M | $45.27M | $233.17M | $370.74M | $541.63M | $439.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.22B | $1.11B | $1.01B | $1.18B | $1.41B | $1.31B | $1.18B | $979M | $1.14B | $883M | $875M | $898M | $903M | $1.03B | $635.05M | $619.93M | $562.38M | $500.2M | $913.44M | $770.64M | $906.72M | $1.73B | $1.51B | $1.95B | $1.85B | $2.07B | $2.12B | $2.11B | $1.88B | $1.59B | $867M | $282.2M | $295.7M | $318.7M | $293M | $228.4M | $161.2M | $140M | $102.8M | $162.2M |
| Total Long-Term Assets | $9.95B | $9.21B | $9.28B | $9.15B | $9.7B | $9.09B | $8.81B | $9.09B | $9.5B | $9.08B | $9.01B | $9.6B | $10.15B | $11.35B | $11.13B | $10.28B | $10.41B | $9.29B | $9.36B | $8.67B | $7.33B | $7.03B | $6.41B | $6.74B | $6.66B | $6.27B | $5.79B | $4.28B | $3.54B | $3.11B | $2.08B | $1.32B | $1.24B | $1.2B | $1.17B | $1.01B | $863.8M | $666.6M | $610.7M | $678.4M |
| 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 | $16.15B | $15.07B | $15.52B | $15.42B | $16.08B | $15.61B | $15.07B | $14.87B | $16.78B | $15.2B | $15.73B | $17.68B | $19.97B | $19.31B | $17.98B | $16.25B | $16.08B | $15.21B | $15.53B | $13.88B | $11.45B | $11.35B | $11.19B | $10.62B | $9.82B | $9.6B | $9.06B | $6.12B | $5.39B | $4.81B | $3.61B | $2.58B | $2.34B | $2.2B | $2.26B | $2.15B | $1.69B | $1.38B | $1.28B | $1.28B |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $522M | $519M | $581M | $594M | $585M | $534M | $472M | $524M | $590M | $511M | $449M | $512M | $634M | $676M | $696.78M | $754.12M | $689.57M | $683.99M | $854.15M | $707.66M | $560.08M | $603.81M | $481.41M | $416.96M | $367.25M | $455.42M | $470.2M | $421M | $269.1M | $248.1M | $221.5M | $174.7M | $149.2M | $138.2M | $155M | $157.5M | $122.8M | $0 | $0 | $0 |
| Short-Term Debt | $2.29B | $1.55B | $1.82B | $1.59B | $778M | $350M | $4M | $1.35B | $850M | $652M | $526M | $1.48B | $3.55B | $459M | $502M | $317.79M | $213.68M | $0 | $410.51M | $462.72M | $252.9M | $203.52M | $56.09M | $121.6M | $313.45M | $425.79M | $553.7M | $406.7M | $298.3M | $390.4M | $176.2M | $67M | $107.1M | $83.3M | $182.1M | $65.3M | $36.1M | $31.7M | $47.7M | $35.7M |
| Current Income Tax Payable | $0 | $217M | $187M | $147M | $77M | $60M | $48M | $68M | $89M | $169M | $57M | $64M | $69M | $116M | $56.52M | $459.06M | $417.27M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $360M | $395M | $427M | $394M | $222M | $188M | $215M | $205M | $180M | $169M | $194M | $207M | $243M | $245M | $0 | $0 | $215.23M | $220.41M | $173.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $465M | $421M | $455M | $467M | $474M | $349M | $420M | $407M | $427M | $395M | $378M | $455M | $810M | $556M | $691M | $0 | $0 | -$194.68M | $353.81M | $105.64M | $173.81M | $84.26M | $80.45M | $194.91M | $100.01M | $936.4M | $1.02B | $1B | $590.5M | $580.8M | $453.2M | $386.7M | $289.8M | $291.2M | $308.9M | $305.6M | $224.9M | $289.7M | $294.1M | $268.5M |
| Total Current Liabilities | $5.13B | $4.31B | $4.67B | $4.46B | $3.47B | $2.59B | $2.15B | $3.54B | $3.05B | $2.76B | $2.37B | $3.53B | $6.03B | $2.65B | $2.98B | $3.09B | $2.84B | $4.88B | $2.96B | $2.64B | $2B | $1.85B | $1.49B | $1.57B | $1.52B | $1.82B | $2.05B | $1.22B | $1.16B | $1.22B | $850.9M | $628.4M | $546.1M | $512.7M | $646M | $528.4M | $383.8M | $321.4M | $341.8M | $304.2M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $6.68B | $6.31B | $6.34B | $6.17B | $6.91B | $7.77B | $7.75B | $6.03B | $7.48B | $7.18B | $6.9B | $5.98B | $2.79B | $4.59B | $3.49B | $2.51B | $2.91B | $1.24B | $1.89B | $955.61M | $958.32M | $921.1M | $920.36M | $1.46B | $1.27B | $1.55B | $1.36B | $947M | $854.3M | $818.9M | $615.6M | $273M | $375.6M | $252M | $307.1M | $430.6M | $334.4M | $225.9M | $309.5M | $468.3M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $154M | $119M | $326M | $484M | $654M | $588M | $668M | $707M | $164M | $134M | $256M | $338M | $507M | $244M | $117M | $186.94M | $207.68M | $114.56M | $260.66M | $259.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $69.5M | $92.5M | $54.1M | $58.8M | $62.8M | $72.7M | $66.9M | $6.9M | $13.7M |
| Other Long-Term Liabilities | $959M | $857M | $1.02B | $1.08B | $1.28B | $1.35B | $1.33B | $1.33B | $1.5B | $871M | $981M | $1B | $923M | $1.25B | $1.37B | $1.08B | $1.31B | $1.33B | $1.06B | $1.01B | $939.7M | $952.25M | $909.77M | $946.49M | $996.31M | $835.82M | $838.8M | $908.7M | $576.1M | $372M | $222.4M | $68.1M | $64M | $45.7M | $33.1M | $36.7M | $26M | $21.3M | $18.2M | $13.4M |
| Total Long-Term Liabilities | $7.8B | $7.44B | $7.83B | $7.87B | $8.98B | $9.84B | $9.88B | $8.07B | $9.14B | $8.18B | $8.13B | $7.32B | $4.22B | $6.09B | $4.97B | $3.78B | $4.43B | $2.67B | $3.21B | $2.23B | $1.9B | $1.87B | $1.83B | $2.41B | $2.26B | $2.38B | $2.2B | $1.56B | $1.43B | $1.19B | $838M | $410.6M | $532.1M | $351.8M | $399M | $530.1M | $433.1M | $314.1M | $334.6M | $495.4M |
| 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 | $12.92B | $11.75B | $12.51B | $12.33B | $12.45B | $12.43B | $12.04B | $11.61B | $12.19B | $10.94B | $10.5B | $10.85B | $10.26B | $8.74B | $7.95B | $6.87B | $7.26B | $7.55B | $6.17B | $4.86B | $3.9B | $3.72B | $3.32B | $3.97B | $3.78B | $4.2B | $4.24B | $2.78B | $2.59B | $2.41B | $1.69B | $1.04B | $1.08B | $864.5M | $1.04B | $1.06B | $816.9M | $635.5M | $676.4M | $799.6M |
| 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 | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $5M | $5.42M | $5.38M | $5.35M | $5.32M | $5.63M | $6.31M | $3.12M | $3.11M | $3.09M | $3.07M | $3.05M | $3.03M | $3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $30.15B | $28.89B | $27.12B | $25.8B | $24.32B | $23.11B | $22.4B | $21.22B | $20.21B | $19.5B | $18.32B | $17.17B | $14.94B | $13.97B | $11.79B | $10.4B | $9.52B | $9.2B | $9.88B | $10.41B | $9.11B | $7.96B | $6.94B | $6.2B | $5.77B | $5.21B | $4.49B | $3.13B | $2.59B | $2.11B | $1.67B | $1.34B | $1.13B | $1.2B | $1.06B | $918.6M | $771.8M | $634.9M | $512.4M | $427M |
| Comprehensive Income & Other | -$1.83B | -$1.88B | -$1.83B | -$1.84B | -$1.5B | -$1.64B | -$1.71B | -$1.68B | -$1.29B | -$1.81B | -$1.5B | -$658M | $384M | $293M | $224.22M | $245.54M | $400.73M | -$253.21M | $1.05B | $446.64M | $122.01M | $413.42M | $109.81M | -$302.38M | -$401.93M | -$398.71M | -$188.5M | -$1.43B | -$1.23B | -$1.13B | -$925.6M | -$759.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$26.93B | -$25.58B | -$24.12B | -$22.72B | -$20.71B | -$19.94B | -$19.38B | -$17.97B | -$15.63B | -$15.26B | -$13.1B | -$10.36B | -$5.25B | -$3.42B | -$1.78B | -$1.03B | -$718.88M | -$1.54B | -$533.37M | -$1.4B | -$1.57B | -$339.02M | $934.09M | $443.74M | $272.26M | $183.86M | $326.9M | $207.8M | $214.1M | $290.9M | $250.9M | $197.3M | $129.3M | $138.2M | $151.2M | $173.2M | $99.3M | $109.8M | $96.1M | $49.6M |
| Total Equity | $3.23B | $3.32B | $3.01B | $3.09B | $3.63B | $3.18B | $3.03B | $3.25B | $4.58B | $4.25B | $5.22B | $6.82B | $9.7B | $10.56B | $10.02B | $9.37B | $8.81B | $7.66B | $9.35B | $9.02B | $7.55B | $7.63B | $7.87B | $6.65B | $6.04B | $5.4B | $4.82B | $3.34B | $2.81B | $2.4B | $1.92B | $1.54B | $1.26B | $1.34B | $1.21B | $1.09B | $871.1M | $744.7M | $608.5M | $476.6M |
| Minority Interest | $1M | $1M | $1M | $1M | $1M | $1M | $4M | $4M | $4M | $5M | $4M | $5M | $6M | $9M | $16.27M | $10.97M | $9.67M | $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 | $16.15B | $15.07B | $15.52B | $15.42B | $16.08B | $15.61B | $15.06B | $14.87B | $16.78B | $15.2B | $15.72B | $17.67B | $19.96B | $19.3B | $17.97B | $16.24B | $16.07B | $15.21B | $15.53B | $13.88B | $11.45B | $11.35B | $11.19B | $10.62B | $9.82B | $9.6B | $9.06B | $6.12B | $5.39B | $4.81B | $3.61B | $2.58B | $2.34B | $2.2B | $2.26B | $2.15B | $1.69B | $1.38B | $1.28B | $1.28B |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $8.97B | $8.08B | $8.37B | $7.95B | $7.88B | $8.31B | $7.94B | $7.38B | $8.33B | $7.83B | $7.42B | $7.46B | $6.34B | $5.05B | $3.99B | $2.83B | $3.13B | $3.68B | $2.3B | $1.42B | $1.21B | $1.12B | $976.45M | $1.58B | $1.58B | $1.97B | $1.91B | $1.35B | $1.15B | $1.21B | $791.8M | $340M | $482.7M | $335.3M | $489.2M | $495.9M | $370.5M | $257.6M | $357.2M | $504M |
| Net Debt | $8.12B | $7.13B | $7.3B | $7.24B | $6.35B | $5.75B | $5.96B | $5.88B | $5.23B | $5.36B | $4.33B | $3.47B | $2.73B | $2.27B | $2.81B | $1.64B | $1.81B | $2.93B | $1.47B | $828.12M | $840.8M | $457.23M | -$708.03M | $524.3M | $1.3B | $1.82B | $1.68B | $1.26B | $966.7M | $1.07B | $675.2M | $263.1M | $447.3M | $304.1M | $396.1M | $449.1M | $339.6M | $230.9M | $325.1M | $476.9M |
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 | 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 | $3.07B | $3.49B | $2.96B | $3.03B | $2.69B | $2.11B | $2.52B | $2.56B | $1.69B | $2.04B | $1.9B | $1.23B | $1.77B | $2.4B | -$13.04M | $1.53B | $947.01M | $1.52B | $1.87B | $1.72B | $1.49B | $1.34B | $1.02B | $712.59M | $805.66M | $957.98M | $841.1M | $672.8M | $587M | $486.3M | $387.6M | $277.8M | $206.6M | $192.1M | $180.6M | $182.4M | $163.8M |
| Depreciation & Amortization | $397M | $402M | $395M | $410M | $410M | $427M | $426M | $461M | $462M | $470M | $477M | $507M | $520M | $613M | $594M | $549M | $674.92M | $691.91M | $524.74M | $443.91M | $383.07M | $385.8M | $306.55M | $305.75M | $386.31M | $413.37M | $343.3M | $211.8M | $185.4M | $178.2M | $151.9M | $132.1M | $131.7M | $125.3M | $115.4M | $102.1M | $84.7M |
| Deferred Income Tax | -$17M | -$176M | -$88M | -$150M | -$148M | -$30M | $32M | $34M | $64M | -$263M | -$11M | $55M | $6M | $243M | -$175.92M | -$150.37M | -$477.58M | -$95.86M | -$5.52M | $167M | $69.75M | $143.21M | $203.96M | -$60.47M | $38.61M | -$21.11M | $105.3M | $59.9M | -$7.8M | -$12.6M | -$23.9M | -$31.7M | -$13.3M | -$4.1M | -$4.1M | -$4.5M | $6.3M |
| Stock-Based Compensation | $69M | $61M | $69M | $63M | $53M | $42M | $41M | $40M | $36M | $39M | $41M | $39M | $37M | $54M | $56.37M | $56.44M | $51.86M | $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 | -$92M | $34M | $64M | -$461M | -$240M | $95M | $40M | -$60M | -$138M | -$132M | -$42M | -$70M | -$83M | -$13M | -$302.95M | -$238.21M | $336.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $34M | $176M | $360M | -$455M | -$450M | $43M | $98M | -$108M | -$81M | $9M | $25M | -$10M | $24M | $82M | -$50.58M | -$177.76M | $572.68M | -$104.79M | -$4.54M | -$60.2M | $104.42M | -$177.05M | $108.18M | $71.84M | $158.5M | $3.94M | $7.4M | $18.5M | $6.2M | $58.9M | -$22.8M | -$8.1M | $23.2M | $26.7M | $66.8M | -$5.4M | -$13.7M |
| Accounts Payable | -$29M | -$43M | -$14M | $35M | $37M | $19M | -$16M | -$46M | $39M | -$3M | -$30M | -$20M | $8M | -$21M | -$54.98M | $69.45M | -$84.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$319M | -$185M | -$200M | $65M | $215M | $92M | -$91M | -$74M | $338M | $164M | -$59M | -$59M | $214M | -$335M | -$162.52M | -$43.23M | $79.48M | $122.64M | $148.37M | -$152.19M | -$161.56M | -$31.94M | -$209.75M | $112.7M | $32.22M | -$144.73M | -$159.1M | -$171.1M | -$57.9M | -$33M | -$69.2M | $500K | -$50.1M | -$35.3M | -$76.5M | -$32.3M | -$25.9M |
| Total Working Capital Change | -$406M | -$18M | $210M | -$816M | -$438M | $249M | $31M | -$288M | $158M | $38M | -$106M | -$159M | $163M | -$287M | -$571.02M | -$389.76M | $904.51M | $17.86M | $143.83M | -$212.39M | -$57.14M | -$208.99M | -$101.57M | $184.54M | $190.72M | -$140.78M | -$151.7M | -$152.6M | -$51.7M | $25.9M | -$92M | -$7.6M | -$26.9M | -$8.6M | -$9.7M | -$37.7M | -$39.6M |
| Other Non-Cash Items | $17M | -$476M | -$4M | -$193M | -$14M | $10M | -$56M | $1M | -$5M | -$17M | -$1M | -$54M | $32M | -$946M | $2.07B | -$31.72M | $45.87M | $89.97M | -$48.62M | -$50.24M | -$44.02M | -$126.68M | -$63.88M | $146.34M | -$70.28M | -$87.05M | -$101.4M | -$70.4M | -$52.6M | -$48.4M | $13.9M | $16.9M | $16M | $6.6M | -$4.1M | $5.2M | $8.3M |
| Net Cash from Operating | $3.13B | $3.28B | $3.54B | $2.35B | $2.56B | $2.81B | $3B | $2.81B | $2.4B | $2.3B | $2.3B | $1.62B | $2.53B | $2.07B | $1.96B | $1.56B | $2.15B | $2.22B | $2.48B | $2.07B | $1.85B | $1.53B | $1.37B | $1.29B | $1.35B | $1.12B | $1.04B | $721.5M | $660.3M | $629.4M | $437.5M | $387.5M | $314.1M | $311.3M | $278.1M | $247.5M | $223.5M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$419M | -$437M | -$455M | -$412M | -$296M | -$236M | -$326M | -$364M | -$297M | -$273M | -$284M | -$361M | -$368M | -$382M | -$353.41M | -$286.17M | -$247.1M | -$355.47M | -$353.36M | -$301.01M | -$293.1M | -$282.56M | -$258.31M | -$271.42M | -$256.56M | -$313.91M | -$1.14B | -$959.9M | -$178.7M | -$168.7M | -$150.2M | -$131.1M | -$119.9M | -$62.5M | -$106M | -$101.2M | -$84.3M |
| Acquisitions | -$107M | $280M | $27M | $276M | -$731M | $1M | $116M | $1M | -$1M | -$450M | $23M | -$27M | -$367M | $397M | -$1.29B | -$370.44M | -$264.42M | -$1.44B | -$652.3M | -$1.34B | -$626.92M | -$587.78M | -$203.73M | -$188.23M | -$556.2M | -$798.84M | $0 | $22.1M | $17.1M | $20.8M | $13.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $8M | $10M | $25M | $0 | $14M | $183M | $30M | $3.22B | $244M | -$1M | -$5.64M | -$16.05M | -$17.59M | -$19.58M | -$28.73M | -$25.35M | -$120.24M | -$64.44M | -$133.24M | -$194.74M | -$101.33M | -$22.06M | $0 | -$13.2M | -$89.7M | -$104.2M | -$126.3M | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $7M | $11M | $27M | $12M | $38M | $14M | $20M | $16M | $43M | $21M | $22M | $28M | $40M | $281M | $36.52M | $25.32M | $20.21M | $26.93M | $91.18M | $367.37M | $220.08M | $85.41M | $59.51M | $77.78M | $214.51M | $84.1M | $133M | $45.5M | $43.8M | $50M | $34M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$2M | $2M | -$2M | $14M | -$3M | -$3M | -$18M | $22M | $4M | $170M | $29M | $3.2B | $239M | $752M | $29.65M | $40.5M | $4.77M | $32.98M | $19.16M | $22.98M | $35.78M | $38.05M | $51.9M | $243.36M | $37.6M | $39.34M | $80.1M | $37.2M | -$30M | -$298.5M | -$182.3M | -$11.1M | -$273.7M | -$98.8M | $7.3M | -$194.7M | -$203.2M |
| Net Cash from Investing | -$521M | -$144M | -$403M | -$110M | -$984M | -$214M | -$183M | -$325M | -$251M | -$532M | -$210M | $2.84B | -$456M | $1.05B | -$1.58B | -$606.84M | -$504.12M | -$1.76B | -$924.05M | -$1.27B | -$784.4M | -$811.33M | -$483.86M | -$333.26M | -$661.97M | -$1.01B | -$928.4M | -$890.4M | -$254.6M | -$521.4M | -$424.8M | -$142.2M | -$393.6M | -$161.3M | -$98.7M | -$295.9M | -$287.5M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | - | $320M | -$746M | $520M | $261M | $4M | -$423M | $1M | $652M | -$991M | -$1.1B | -$1.58B | $3M | -$807M | -$981M | $32.8M | -$873.79M | $42.76M | -$1.04B | $16.45M | -$48.72M | $6.53M | $95.77M | $3.5M | $308.96M | -$38.27M | -$245.8M | -$343.8M | $249.8M | $14.8M | -$136.1M | $152.1M | -$133.1M | $151.8M | $46.6M | -$85.3M | -$90.8M |
| Common Stock Issuance | $65M | $52M | $53M | $29M | $50M | $66M | $85M | $22M | $84M | $84M | $59M | $148M | $206M | $283M | $153.1M | $114.84M | $101.73M | $56.19M | $116.67M | $78.97M | $24.56M | $79.11M | $40.36M | $44.38M | $0 | $25.41M | $21.9M | $7.4M | $7.8M | $5.5M | $7.6M | $3.2M | $8.3M | $11M | $9.5M | $7.8M | $8.3M |
| Common Stock Repurchases | -$1.5B | -$1.5B | -$1.5B | -$1.75B | -$1B | -$706M | -$1.5B | -$2B | -$1B | -$2B | -$2B | -$4.35B | -$2.11B | -$2.02B | -$950M | -$350M | $0 | -$1.39B | -$1.76B | -$446.88M | -$1.04B | -$1.73B | $0 | $0 | $0 | $0 | -$45M | -$45.3M | -$53.4M | $0 | -$40M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$1.78B | -$1.7B | -$1.61B | -$1.54B | -$1.46B | -$1.38B | -$1.32B | -$1.12B | -$941M | -$821M | -$742M | -$711M | -$528M | -$865M | -$680.28M | -$636.2M | -$619.68M | -$598.69M | -$502.43M | -$398.85M | -$335.09M | -$304.58M | -$285.4M | -$272.32M | -$249.14M | -$223.01M | -$183.6M | -$150.9M | -$107.1M | -$85.5M | -$71.8M | -$61.2M | -$55.2M | -$50.3M | -$44.1M | -$35.9M | -$28.7M |
| Other Financing Activities | -$32M | -$38M | $39M | -$13M | $40M | -$26M | $73M | -$11M | -$14M | $17M | $8M | $19M | $24M | $16M | $7.83M | $13.35M | $4.05M | $4M | -$23.79M | $13.09M | -$7.12M | $0 | $12K | $2.79M | $1.33M | -$493K | -$15.5M | -$86.3M | $79.2M | $2.9M | -$7.9M | $0 | $0 | -$19.4M | -$47.3M | $1.1M | $1M |
| Net Cash from Financing | -$2.74B | -$3.19B | -$2.78B | -$3B | -$2.56B | -$2.05B | -$2.33B | -$3.96B | -$1.67B | -$2.25B | -$2.53B | -$3.55B | -$1.14B | -$1.57B | -$321.45M | -$1.05B | -$1.25B | -$461.88M | -$1.39B | -$575.23M | -$1.27B | -$1.83B | -$340.8M | -$228.64M | -$556.77M | -$159.82M | $23.6M | $80M | -$336.5M | -$91.9M | $24M | -$210.1M | $86.2M | -$210.5M | -$128.5M | $58.3M | $71.4M |
| Forex Effect | $42M | -$65M | $3M | -$57M | -$46M | $39M | -$9M | -$112M | $145M | -$133M | -$463M | -$535M | -$93M | $53M | -$63.92M | -$34.75M | $183.72M | -$89.51M | $67M | $3.4M | -$92.79M | $90M | $82.71M | $48.61M | -$1.35M | -$32.88M | -$8.4M | -$3.4M | -$21M | $4.9M | $3M | $6.3M | -$2.5M | -$1.4M | -$4.6M | $6M | -$3.2M |
| Net Change in Cash | -$97M | -$117M | $357M | -$819M | -$1.04B | $583M | $477M | -$1.59B | $622M | -$618M | -$900M | $372M | $839M | $1.6B | -$8.49M | -$128.73M | $575.82M | -$84.57M | $237.32M | $219.79M | -$296.97M | -$1.02B | $626.8M | $775.46M | $130.93M | -$81.66M | $123.4M | -$92.3M | $48.2M | $21M | $39.7M | $41.5M | $4.2M | -$61.9M | $46.3M | $15.9M | $4.2M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $3.13B | $3.28B | $3.54B | $2.35B | $2.56B | $2.81B | $3B | $2.81B | $2.4B | $2.3B | $2.3B | $1.62B | $2.53B | $2.07B | $1.96B | $1.56B | $2.15B | $2.22B | $2.48B | $2.07B | $1.85B | $1.53B | $1.37B | $1.29B | $1.35B | $1.12B | $1.04B | $721.5M | $660.3M | $629.4M | $437.5M | $387.5M | $314.1M | $311.3M | $278.1M | $247.5M | $223.5M |
| Capital Expenditure | -$419M | -$437M | -$455M | -$412M | -$296M | -$236M | -$326M | -$364M | -$297M | -$273M | -$284M | -$361M | -$368M | -$382M | -$353.41M | -$286.17M | -$247.1M | -$355.47M | -$353.36M | -$301.01M | -$293.1M | -$282.56M | -$258.31M | -$271.42M | -$256.56M | -$313.91M | -$1.14B | -$959.9M | -$178.7M | -$168.7M | -$150.2M | -$131.1M | -$119.9M | -$62.5M | -$106M | -$101.2M | -$84.3M |
| Free Cash Flow | $2.71B | $2.84B | $3.08B | $1.94B | $2.26B | $2.57B | $2.67B | $2.45B | $2.1B | $2.03B | $2.02B | $1.25B | $2.16B | $1.69B | $1.6B | $1.27B | $1.9B | $1.87B | $2.13B | $1.77B | $1.55B | $1.25B | $1.11B | $1.02B | $1.09B | $808.5M | -$104.9M | -$238.4M | $481.6M | $460.7M | $287.3M | $256.4M | $194.2M | $248.8M | $172.1M | $146.3M | $139.2M |
| Cash at Beginning | $948M | $1.06B | $708M | $1.53B | $2.56B | $1.98B | $1.5B | $3.09B | $2.47B | $3.09B | $3.99B | $3.62B | $2.78B | $1.18B | $1.19B | $1.32B | $742.95M | $827.52M | $590.21M | $370.42M | $667.39M | $1.68B | $1.06B | $282.22M | $151.29M | $232.95M | $109.5M | $185.9M | $137.7M | $116.6M | $76.9M | $35.4M | $31.2M | $93.1M | $46.8M | $30.9M | $26.7M |
| Cash at End | $851M | $948M | $1.06B | $708M | $1.53B | $2.56B | $1.98B | $1.5B | $3.09B | $2.47B | $3.09B | $3.99B | $3.62B | $2.78B | $1.18B | $1.19B | $1.32B | $742.95M | $827.52M | $590.21M | $370.42M | $667.39M | $1.68B | $1.06B | $282.22M | $151.29M | $232.9M | $93.6M | $185.9M | $137.6M | $116.6M | $76.9M | $35.4M | $31.2M | $93.1M | $46.8M | $30.9M |