LOUISIANA-PACIFIC CORP (LPX)
Louisiana-Pacific Corporation (LPX), through its various subsidiaries, is a key manufacturer and distributor of building materials. These products primarily serve the needs of new residential construction, renovation and remodeling projects, and the creation of outdoor structures. The company's operations are divided into four principal segments: Siding, Oriented Strand Board (OSB), Engineered Wood Products (EWP), and South America. The Siding division offers a comprehensive range of exterior finishing products, including the LP SmartSide and LP SmartSide ExpertFinish trim and siding lines, LP BuilderSeries lap siding, and LP Outdoor Building Solutions. It also produces engineered wood products designed for siding, trim, soffits, and fascia. The OSB segment specializes in the production and supply of structural panel products made from oriented strand board. Its notable offerings include LP TechShield radiant barriers, LP WeatherLogic air and water barriers, high-performance LP Legacy and LP TopNotch sub-flooring solutions, and LP FlameBlock fire-rated sheathing. The Engineered Wood Products (EWP) segment provides laminated veneer lumber and related items. It also manufactures LP SolidStart I-joists, which are vital structural components frequently employed in flooring systems for both homes and commercial properties, as well as in roofing applications and other construction uses. The South America segment is responsible for manufacturing and distributing OSB structural panels and siding products within the region. This segment also supports the local construction industry's move towards wood frame building by distributing and selling complementary products. Additionally, it manages timber assets and offers other associated products and services. Louisiana-Pacific Corporation primarily markets its offerings to retailers, wholesalers, and businesses engaged in homebuilding and industrial sectors. Its geographical reach extends across North America, South America, Asia, Australia, and Europe. Incorporated in 1972, Louisiana-Pacific Corporation is headquartered in Nashville, Tennessee.
Sector: Lumber & Wood Products (No Furniture)
Industry: Paper, Lumber & Forest Products
Louisiana-Pacific Corporation
NYSE:LPXBasic Materials · Paper, Lumber & Forest Products
-1.46%$73.76
AH Close$73.76+0.00%vs close
AH Close$73.76+0.00%vs close
Mkt Cap$5.16B
Float68.97M
O/S69.92M
Inst Own-
Div Yield1.60%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.71B
Net Income$146M
Total Assets$2.63B
Free Cash Flow$91M
Debt & Equity
Debt 19%
Equity 81%
Total Debt$401M
Total Equity$1.73B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in LPX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.63B
Liabilities$895M
Accounts Receivable$127M
Accounts Payable$129M
Inventory$363M
PP&E (Net)$1.73B
Goodwill$19M
Intangible Assets$16M
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 | $2.71B | $2.94B | $2.58B | $3.85B | $3.92B | $2.4B | $2.31B | $2.83B | $2.73B | $2.23B | $1.89B | $1.93B | $2.09B | $1.72B | $1.36B | $1.38B | $1.05B | $1.38B | $1.7B | $2.24B | $2.6B | $2.85B | $2.3B | $1.94B | $2.36B | $2.93B | $2.88B | $2.3B | $2.4B | $2.49B | $2.84B | $3.04B | $2.51B | $2.18B | $1.7B | $1.79B | $2.01B | $1.8B | $1.92B | $1.51B |
| YoY Growth | -7.9% | 13.9% | -33.0% | -1.6% | 63.2% | 3.9% | -18.3% | 3.4% | 22.4% | 18.0% | -2.2% | -7.2% | 21.5% | 26.4% | -1.9% | 31.2% | -23.4% | -19.3% | -23.7% | -14.0% | -8.8% | 23.9% | 18.4% | -17.7% | -19.5% | 1.9% | 25.3% | -4.4% | -3.4% | -12.6% | -6.5% | 21.0% | 14.9% | 28.4% | -5.1% | -10.8% | 11.7% | -6.4% | 27.6% | - |
| Cost of Revenue | $2.12B | $2.11B | $1.99B | $2.35B | $1.95B | $1.57B | $2.01B | $2.08B | $1.88B | $1.72B | $1.68B | $1.76B | $1.64B | $1.4B | $1.24B | $1.19B | $994.5M | $1.4B | $1.67B | $1.83B | $1.78B | $1.74B | $1.53B | $1.62B | $2.12B | $2.36B | $2.08B | $1.85B | $2.14B | $2.12B | $2.25B | $2.16B | $1.73B | $1.62B | $1.37B | $1.42B | $1.48B | $1.36B | $1.45B | $1.2B |
| Gross Profit | $589M | $831M | $593M | $1.5B | $1.96B | $833M | $303M | $744M | $851.9M | $509.4M | $209.8M | $177M | $448.3M | $312.7M | $112.6M | $195.7M | $60.2M | -$28.6M | $37.3M | $408.3M | $815.6M | $1.11B | $769.5M | $323M | $237.6M | $570.2M | $798.5M | $443.3M | $263.8M | $362.5M | $592.9M | $881.1M | $781.6M | $564.2M | $335.8M | $371.5M | $529.3M | $443.6M | $470.9M | $309.1M |
| Gross Margin | 21.8% | 28.3% | 23.0% | 38.9% | 50.1% | 34.7% | 13.1% | 26.3% | 31.2% | 22.8% | 11.1% | 9.1% | 21.5% | 18.2% | 8.3% | 14.1% | 5.7% | -2.1% | 2.2% | 18.3% | 31.4% | 38.9% | 33.5% | 16.6% | 10.1% | 19.4% | 27.7% | 19.3% | 11.0% | 14.6% | 20.9% | 29.0% | 31.1% | 25.8% | 19.7% | 20.7% | 26.3% | 24.7% | 24.5% | 20.5% |
| Research and Development | $0 | $1M | $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 |
| Selling, General, and Administrative | $329M | $291M | $257M | $270M | $224M | $196M | $230M | $209M | $190.4M | $183.6M | $152.8M | $149.5M | $150.2M | $129.4M | $111.2M | $118.8M | $114.4M | $232.1M | $139M | $166.8M | $151.3M | $166.2M | $182.4M | $181.4M | $164.4M | $234.7M | $219.4M | $183.3M | $168.4M | $139.7M | $121.4M | $125.2M | $165.8M | $103.7M | $79.7M | $74.6M | $83.4M | $77.6M | $77.9M | $69.8M |
| Other | $1M | $9M | $49M | -$21M | $5M | $22M | $93M | -$3.9M | $1M | -$15.2M | -$5.3M | -$3.1M | $29.5M | -$34.9M | $78.9M | $82M | $80M | $382.9M | $164.7M | $131.3M | $142.7M | $190.6M | $16.8M | $96.3M | $304.9M | $235.5M | $202M | $185.4M | $183.9M | $191.8M | $202.6M | $197.3M | $183.2M | $163M | $149.8M | $152.3M | $141.8M | $145.1M | $147.5M | $120M |
| Total Operating Expenses | $330M | $301M | $306M | $249M | $229M | $218M | $323M | $207.1M | $321.7M | $313.8M | $271M | $257.7M | $245.3M | $200.4M | $264M | $200.8M | $194.4M | $615M | $303.7M | $298.1M | $294M | $356.8M | $199.2M | $277.7M | $469.3M | $470.2M | $421.4M | $368.7M | $352.3M | $331.5M | $324M | $322.5M | $349M | $266.7M | $229.5M | $226.9M | $225.2M | $222.7M | $225.4M | $189.8M |
| Operating Income (EBIT) | $259M | $530M | $287M | $1.25B | $1.73B | $615M | -$20M | $526.1M | $523.4M | $204M | -$63.3M | -$77.6M | $202.8M | $107.4M | -$140.2M | -$7.6M | -$133.3M | -$643.6M | -$266.4M | $110.2M | $521.6M | $750.9M | $570.3M | $45.3M | -$231.7M | $100M | $377.1M | $74.6M | -$88.5M | $31M | $268.9M | $558.6M | $432.6M | $297.5M | $106.3M | $144.6M | $304.1M | $220.9M | $245.5M | $119.3M |
| Operating Margin | 9.6% | 18.0% | 11.1% | 32.4% | 44.3% | 25.6% | -0.9% | 18.6% | 19.1% | 9.1% | -3.3% | -4.0% | 9.7% | 6.3% | -10.3% | -0.5% | -12.6% | -46.8% | -15.6% | 4.9% | 20.1% | 26.4% | 24.8% | 2.3% | -9.8% | 3.4% | 13.1% | 3.2% | -3.7% | 1.2% | 9.5% | 18.4% | 17.2% | 13.6% | 6.2% | 8.1% | 15.1% | 12.3% | 12.8% | 7.9% |
| Interest Expense | $14M | $14M | $14M | $11M | $14M | $19M | $17M | $15.8M | $19.3M | $32.1M | $31.2M | $29.8M | $36M | $49.3M | $56.9M | $63.9M | $71.6M | $49.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $16M | $22M | $18M | $14M | $1M | $2M | $7M | $17.6M | $10.5M | $8.2M | $0 | $0 | $0 | $0 | $0 | $0 | $26.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$63M | $30M | -$35M | -$91M | -$30M | -$9M | -$3M | -$2M | -$13.2M | -$45.3M | -$32.1M | -$27.4M | $3.8M | -$66.2M | -$49.6M | -$40.3M | -$36.2M | -$109.7M | -$40.7M | $43.8M | $14.8M | -$50.5M | -$60.3M | -$62.5M | -$52.3M | -$44.3M | -$21.4M | -$55.4M | -$56.1M | -$357.3M | -$366.4M | -$1.9M | -$5M | -$14.4M | -$18.9M | -$7.6M | -$12.2M | -$6.8M | -$37.2M | -$11.1M |
| Income Before Tax (EBT) | $196M | $560M | $252M | $1.16B | $1.7B | $606M | -$23M | $524M | $510.2M | $164.9M | -$95.4M | -$105M | $206.6M | $38M | -$169.4M | -$47.9M | -$169.4M | -$753.3M | -$270.6M | $154M | $536.4M | $703.2M | $517.1M | -$20.9M | -$289.1M | -$25.3M | $356.3M | $17.8M | -$145.4M | -$326.3M | -$97.5M | $556.7M | $427.6M | $283.1M | $87.4M | $137M | $291.9M | $214.1M | $208.3M | $108.2M |
| Income Tax Expense | $50M | $140M | $74M | $274M | $402M | $121M | -$13M | $122.3M | $119.1M | $19.8M | -$2.7M | -$27.2M | $41.1M | $7.6M | -$33.2M | -$22.1M | -$63.4M | -$202M | -$133.4M | $24.2M | $61.3M | $279.7M | $233.1M | $4.3M | -$112.4M | -$11.5M | $139.5M | $15.8M | -$43.6M | -$125.6M | -$45.8M | $209.8M | $173.2M | $106.2M | $31.5M | $45.9M | $99.3M | $78.9M | $83.3M | $43.3M |
| Net Income | $146M | $420M | $178M | $1.09B | $1.38B | $499M | -$5M | $394.6M | $389.8M | $149.8M | -$88.1M | -$75.4M | $177.1M | $28.8M | -$170.7M | -$39M | -$121.4M | -$578.8M | -$179.9M | $123.7M | $455.5M | $420.7M | $272.5M | -$62M | -$171.6M | -$13.8M | $216.8M | $2M | -$101.8M | -$200.7M | -$51.7M | $346.9M | $244M | $176.9M | $55.9M | $91.1M | $192.6M | $153.6M | $125M | $64.9M |
| Net Income Margin | 5.4% | 14.3% | 6.9% | 28.2% | 35.2% | 20.8% | -0.2% | 14.0% | 14.3% | 6.7% | -4.7% | -3.9% | 8.5% | 1.7% | -12.6% | -2.8% | -11.5% | -42.1% | -10.6% | 5.5% | 17.5% | 14.8% | 11.8% | -3.2% | -7.3% | -0.5% | 7.5% | 0.1% | -4.2% | -8.1% | -1.8% | 11.4% | 9.7% | 8.1% | 3.3% | 5.1% | 9.6% | 8.5% | 6.5% | 4.3% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 2.09 | 5.91 | 2.47 | 11.90 | 14.20 | 4.50 | -0.08 | 2.76 | 2.70 | 1.04 | -0.62 | -0.53 | 1.27 | 0.21 | -1.28 | -0.30 | -1.12 | -5.62 | -1.73 | 1.18 | 4.18 | 3.88 | 2.58 | -0.59 | -1.64 | -0.13 | 2.04 | 0.02 | -0.94 | -1.87 | -0.48 | 3.15 | 2.23 | 1.63 | 0.52 | 0.82 | 1.68 | 1.34 | 1.09 | 0.58 |
| Diluted EPS | 2.08 | 5.89 | 2.47 | 11.90 | 14.05 | 4.46 | -0.08 | 2.73 | 2.66 | 1.03 | -0.62 | -0.53 | 1.23 | 0.20 | -1.28 | -0.30 | -1.12 | -5.62 | -1.73 | 1.17 | 4.15 | 3.84 | 2.56 | -0.59 | -1.64 | -0.13 | 2.04 | 0.02 | -0.94 | -1.87 | -0.48 | 3.15 | 2.23 | 1.63 | 0.52 | 0.82 | 1.68 | 1.34 | 1.09 | 0.58 |
| Weighted Average OS | 70.00M | 71.00M | 72.00M | 78.00M | 97.00M | 111.00M | 123.00M | 143.00M | 144.00M | 143.40M | 142.40M | 141.10M | 139.60M | 137.10M | 133.20M | 129.10M | 108.40M | 102.90M | 103.70M | 105.10M | 109.00M | 108.30M | 105.50M | 104.60M | 104.40M | 104.10M | 106.20M | 108.40M | 108.30M | 107.33M | 107.04M | 110.14M | 109.42M | 108.53M | 107.50M | 111.10M | 114.64M | 114.63M | 114.68M | 111.90M |
| EBITDA | $354M | $660M | $380M | $1.36B | $1.86B | $757M | $117M | $659.8M | $652.8M | $308.4M | $37.7M | $25.5M | $271.9M | $161.2M | -$48.3M | $98M | -$14.9M | -$603.8M | -$127.4M | $252M | $655.2M | $890.5M | $706.5M | $231.5M | $33.6M | $298.4M | $579.7M | $258.6M | $94.6M | $222.8M | $471.5M | $755.9M | $615.8M | $460.5M | $256.1M | $296.9M | $445.9M | $366M | $393M | $239.3M |
| EBITDA Margin | 13.1% | 22.4% | 14.7% | 35.3% | 47.6% | 31.6% | 5.1% | 23.3% | 23.9% | 13.8% | 2.0% | 1.3% | 13.0% | 9.4% | -3.6% | 7.1% | -1.4% | -43.9% | -7.5% | 11.3% | 25.2% | 31.3% | 30.7% | 11.9% | 1.4% | 10.2% | 20.1% | 11.3% | 3.9% | 9.0% | 16.6% | 24.9% | 24.5% | 21.1% | 15.0% | 16.6% | 22.2% | 20.3% | 20.5% | 15.9% |
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 | $292M | $340M | $222M | $369M | $358M | $535M | $181M | $878.4M | $928M | $659.3M | $434.7M | $532.7M | $656.8M | $560.9M | $340M | $389.3M | $394.1M | $97.7M | $352.1M | $265.7M | $607.6M | $544.7M | $925.9M | $137.3M | $61.6M | $38.1M | $116M | $126.5M | $31.9M | $27.8M | $75.4M | $315.9M | $261.6M | $228.1M | $190.8M | $209.1M | $352.8M | $256.4M | $3.8M | $10.7M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21.4M | $180.1M | $797M | $717.3M | $608.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $292M | $340M | $222M | $369M | $358M | $535M | $181M | $878.4M | $928M | $659.3M | $434.7M | $532.7M | $656.8M | $560.9M | $340M | $389.3M | $394.1M | $119.1M | $532.2M | $1.06B | $1.32B | $1.15B | $925.9M | $137.3M | $61.6M | $38.1M | $116M | $126.5M | $31.9M | $27.8M | $75.4M | $315.9M | $261.6M | $228.1M | $190.8M | $209.1M | $352.8M | $256.4M | $3.8M | $10.7M |
| Accounts Receivable | $127M | $132M | $155M | $128M | $169M | $184M | $164M | $127.6M | $142.5M | $108.3M | $96.4M | $108.4M | $78.1M | $174.1M | $78.6M | $85.5M | $227.7M | $158M | $317.5M | $157.4M | $217.6M | $185.5M | $136.1M | $99.3M | $153M | $221.1M | $200.7M | $178.6M | $224.2M | $102.5M | $128.7M | $157.4M | $110.9M | $113M | $79.7M | $71.2M | $94.1M | $86.6M | $108.2M | $85.9M |
| Inventory | $363M | $358M | $378M | $336M | $277M | $259M | $265M | $273M | $259.1M | $234.6M | $222M | $229.8M | $224.4M | $209.8M | $163.6M | $151.9M | $140.4M | $190.4M | $212.1M | $221.6M | $240.3M | $203.5M | $177.5M | $163.5M | $181M | $327.5M | $293.4M | $205.7M | $258.8M | $264.3M | $317.7M | $213.8M | $234.7M | $192.3M | $184.3M | $220.8M | $203.3M | $189.1M | $216M | $205.8M |
| Other Current Assets | $28M | $25M | $23M | $21M | $68M | $0 | $0 | $0 | $0 | $0 | $9M | $54.4M | $67.2M | $29.9M | $68.9M | $81.3M | $70.5M | $59.7M | $80.9M | $53M | $0 | $46.3M | $74.5M | $79.9M | $73.6M | $67.4M | $129.3M | $101.3M | $81.9M | $184.6M | $96.7M | $7.3M | $6.9M | $5.7M | $6.6M | $8M | $3.4M | $4.2M | $17M | $7.3M |
| Total Current Assets | $810M | $855M | $778M | $854M | $890M | $993M | $619M | $1.29B | $1.36B | $1.02B | $769.1M | $950.3M | $1.03B | $995.6M | $656.8M | $713.6M | $841.6M | $502.7M | $1.08B | $1.5B | $1.8B | $1.6B | $1.33B | $491.3M | $493.1M | $654.1M | $739.4M | $612.1M | $596.8M | $579.2M | $618.5M | $694.4M | $614.1M | $539.1M | $461.4M | $509.1M | $653.6M | $536.3M | $345M | $309.7M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.73B | $1.62B | $1.56B | $1.37B | $1.09B | $958M | $1.01B | $1.01B | $926.1M | $891.4M | $862.4M | $850.7M | $886.8M | $765.7M | $782.2M | $917.1M | $964.5M | $1.04B | $1.14B | $850.4M | $876.2M | $848.5M | $884.9M | $848.3M | $1.05B | $1.9B | $1.95B | $1.41B | $1.19B | $1.28B | $1.45B | $1.27B | $1.15B | $1.07B | $1.07B | $1.04B | $827M | $717.8M | $838.4M | $797.7M |
| Goodwill | $19M | $19M | $19M | $19M | $19M | $25M | $0 | $16M | $16.1M | $9.7M | $9.7M | $9.7M | $9.7M | $0 | $0 | $0 | $0 | $0 | $273.5M | $273.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $16M | $30M | $32M | $45M | $49M | $56M | $50M | $10M | $10.6M | $53.5M | $53.1M | $67.1M | $71.6M | $40.1M | $1.4M | $2.2M | $3M | $4.1M | $0 | $3.4M | $280.9M | $280.4M | $286.7M | $306.6M | $281.9M | $326.3M | $347.7M | $60M | $70.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $17M | $17M | $5M | $6M | $7M | $11M | $10M | $49M | $7.8M | $6.2M | $7.7M | $5M | $6.9M | $70.6M | $79.8M | $125.4M | $164.8M | $206.2M | $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 | $8M | $4M | $11M | $7M | $2M | $3M | $1M | $3.9M | $2.5M | $4.3M | $4.8M | $600K | $188.7M | $5M | $4M | $5.9M | $7.4M | $0 | $340M | $363.9M | $0 | $0 | $407.7M | $38.6M | $41.4M | $334M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $25M | $26M | $27M | $50M | $137M | $42M | $146M | $138M | $125.8M | $111.3M | $522.6M | $532.5M | $555.7M | $509M | $615.7M | $646.4M | $641.7M | $396.4M | $739M | $808.5M | $643.7M | $717.6M | $707.7M | $1.13B | $1.19B | $494.9M | $456M | $434.7M | $719.1M | $731M | $734.6M | $748.6M | $706.3M | $596.6M | $579.6M | $558.2M | $551.1M | $542.3M | $787.6M | $779.6M |
| Total Long-Term Assets | $1.82B | $1.71B | $1.66B | $1.5B | $1.3B | $1.09B | $1.22B | $1.23B | $1.09B | $1.02B | $1.41B | $1.4B | $1.46B | $1.35B | $1.48B | $1.7B | $1.78B | $1.65B | $2.15B | $1.93B | $1.8B | $1.85B | $1.88B | $2.29B | $2.52B | $2.72B | $2.75B | $1.91B | $1.98B | $2.01B | $2.19B | $2.02B | $1.85B | $1.67B | $1.65B | $1.59B | $1.38B | $1.26B | $1.63B | $1.58B |
| Other Assets | $0 | $1M | $0 | -$1M | $0 | -$2M | $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 | $2.63B | $2.57B | $2.44B | $2.35B | $2.19B | $2.09B | $1.83B | $2.51B | $2.45B | $2.03B | $2.18B | $2.35B | $2.49B | $2.33B | $2.16B | $2.41B | $2.25B | $2.19B | $3.23B | $3.44B | $3.6B | $3.45B | $3.2B | $2.77B | $3.02B | $3.37B | $3.49B | $2.52B | $2.58B | $2.59B | $2.81B | $2.72B | $2.47B | $2.21B | $2.11B | $2.1B | $2.03B | $1.8B | $1.97B | $1.89B |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $129M | $139M | $141M | $178M | $180M | $125M | $127M | $116M | $88.8M | $89.9M | $53M | $80.3M | $76.7M | $71.1M | $58.6M | $53.8M | $47.7M | $42.1M | $144.5M | $157.3M | $245.5M | $250M | $251.3M | $211.1M | $249M | $303.8M | $306.5M | $127.3M | $234.4M | $190.6M | $161.6M | $193.5M | $149.2M | $145.6M | $123.1M | $126.7M | $133.1M | $0 | $0 | $0 |
| Short-Term Debt | $9M | $0 | $0 | $0 | $0 | $0 | $0 | $5M | $25.1M | $2.6M | $2.1M | $2.4M | $2.3M | $97.8M | $13.2M | $200K | $174.1M | $29.7M | $246.3M | $400K | $88.6M | $178M | $8.3M | $35.3M | $37.7M | $39.4M | $44.9M | $34.1M | $44.9M | $54.1M | $136.9M | $132.4M | $147.2M | $142.6M | $124.3M | $62M | $29.1M | $12.2M | $56.5M | $35.5M |
| Current Income Tax Payable | $5M | $15M | $8M | $29M | $13M | $18M | $0 | $21M | $7.5M | $31.3M | $4.5M | $3.3M | $2.1M | $5M | $4.5M | $5.1M | $6.7M | $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 | $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 |
| Other Current Liabilities | $64M | $13M | $15M | $7M | $43M | $10M | $39M | $42M | $12.4M | $12.4M | $7.3M | $14M | $14M | $14M | $16M | $36.3M | $43M | $4.7M | $20.2M | -$77.7M | $12M | $12M | $43M | $20M | $20M | $35M | $189.3M | $205.2M | $40M | $100M | $150M | $18.9M | $20.8M | $7.3M | $12.1M | $6.8M | $17.8M | $150.6M | $169M | $175.5M |
| Total Current Liabilities | $291M | $312M | $274M | $343M | $360M | $295M | $281M | $302M | $270.1M | $228.8M | $143M | $172.7M | $166.2M | $239.3M | $139.5M | $135M | $307.1M | $165.9M | $488.6M | $264.9M | $346.1M | $440M | $302.6M | $266.4M | $306.7M | $378.2M | $540.7M | $366.6M | $319.3M | $344.7M | $448.5M | $344.8M | $317.2M | $295.5M | $259.5M | $195.5M | $180M | $162.8M | $225.5M | $211M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $370M | $348M | $347M | $346M | $346M | $348M | $347M | $347M | $350.8M | $374.4M | $751.8M | $754.8M | $762.7M | $782.7M | $715.9M | $714.5M | $706.3M | $472.6M | $485.8M | $644.6M | $734.8M | $622.5M | $1.02B | $1.08B | $1.15B | $1.18B | $1.01B | $459.8M | $572.3M | $458.6M | $201.3M | $209.8M | $288.6M | $386.3M | $492.7M | $588.7M | $529.5M | $369.6M | $524.7M | $572.3M |
| 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 | $177M | $145M | $162M | $113M | $86M | $78M | $73M | $62.2M | $33.4M | $27.7M | $99.5M | $139.5M | $188.7M | $93.6M | $111.9M | $164.8M | $167.1M | $187.9M | $340M | $363.9M | $377M | $517.5M | $407.7M | $216.1M | $235.6M | $334M | $396.3M | $203.6M | $178.6M | $163.2M | $207.5M | $269.8M | $264.8M | $154.5M | $141M | $142M | $135.9M | $117.2M | $160.1M | $140.9M |
| Other Long-Term Liabilities | $35M | $69M | $72M | $73M | $119M | $88M | $96M | $103M | $189.7M | $204.6M | $165M | $166M | $149.4M | $181.6M | $177.6M | $155.7M | $168M | $180M | $95.4M | $95.6M | $97.2M | $102.8M | $162.5M | $214.3M | $149.1M | $126.6M | $176.4M | $266.3M | $222M | $194.6M | $292.1M | $42.4M | $24.3M | $8.7M | $10.3M | $11.2M | $9.8M | $9.7M | $16.5M | $18.6M |
| Total Long-Term Liabilities | $604M | $586M | $606M | $573M | $595M | $547M | $553M | $512M | $573.9M | $606.7M | $1.02B | $1.06B | $1.1B | $1.06B | $999.5M | $1.03B | $1.04B | $840.5M | $921.2M | $1.1B | $1.21B | $1.24B | $1.59B | $1.51B | $1.63B | $1.7B | $1.59B | $929.7M | $972.9M | $816.4M | $700.9M | $522M | $577.7M | $549.5M | $644M | $741.9M | $675.2M | $496.5M | $701.3M | $731.8M |
| 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 | $895M | $898M | $880M | $916M | $955M | $842M | $834M | $813.9M | $844M | $835.5M | $1.16B | $1.24B | $1.27B | $1.3B | $1.14B | $1.17B | $979.6M | $987.7M | $1.41B | $1.37B | $1.56B | $1.68B | $1.89B | $1.77B | $1.94B | $2.08B | $2.13B | $1.3B | $1.29B | $1.16B | $1.15B | $866.8M | $894.9M | $845M | $903.5M | $937.4M | $855.2M | $659.3M | $926.8M | $942.8M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $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 | $85M | $86M | $88M | $88M | $102M | $124M | $130M | $153.4M | $153.4M | $153.4M | $153M | $152.8M | $152M | $150.4M | $149.8M | $144.8M | $139.7M | $116.9M | $116.9M | $116.9M | $116.9M | $116.9M | $116.9M | $117M | $117M | $117M | $117M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $1.62B | $1.61B | $1.48B | $1.37B | $1.24B | $1.21B | $966M | $1.61B | $1.28B | $890.3M | $724.2M | $812.3M | $887.7M | $710.6M | $692.4M | $863.1M | $898.1M | $1.02B | $1.63B | $1.87B | $1.81B | $1.41B | $1.02B | $745.6M | $807.6M | $1B | $1.08B | $918.8M | $977.5M | $1.14B | $1.4B | $1.51B | $1.22B | $1.08B | $964.4M | $947.4M | $894.8M | $739.5M | $615.4M | $562.3M |
| Comprehensive Income & Other | -$98M | -$122M | -$89M | -$99M | -$174M | -$151M | -$153M | -$146.4M | -$122.1M | -$137.2M | -$146.1M | -$131.3M | -$89.2M | -$107.9M | -$106.2M | -$69.6M | -$64.6M | -$98.1M | -$64.5M | -$71.5M | -$62.2M | -$67.9M | -$71.2M | -$73.1M | -$53.9M | -$31.2M | -$50.5M | -$1.17B | -$1.24B | -$1.21B | -$1.14B | -$1.08B | -$966.9M | -$874.4M | -$802.8M | -$736.9M | -$684M | -$619.3M | -$627.6M | -$553.2M |
| Other Stockholders' Equity | $25M | -$30M | -$10M | -$25M | -$106M | -$96M | -$105M | -$65.8M | $171M | $152M | $139.8M | $150.7M | $186.6M | $172.8M | $169.4M | $209.9M | $211.7M | $45.9M | $72.5M | $80.3M | $116.3M | $244.7M | $175.9M | $143.4M | $156.3M | $173.9M | $166.6M | $304M | $308.7M | $287.6M | $255.2M | $338.7M | $354.2M | $281.7M | $239.2M | $219.3M | $281.7M | $397.6M | $428.8M | $381.9M |
| Total Equity | $1.73B | $1.67B | $1.56B | $1.43B | $1.24B | $1.23B | $991M | $1.7B | $1.6B | $1.2B | $1.02B | $1.12B | $1.23B | $1.03B | $1.01B | $1.22B | $1.25B | $1.18B | $1.82B | $2.07B | $2.04B | $1.77B | $1.31B | $1.01B | $1.08B | $1.3B | $1.36B | $1.22B | $1.29B | $1.43B | $1.66B | $1.85B | $1.57B | $1.36B | $1.2B | $1.17B | $1.18B | $1.14B | $1.04B | $944.2M |
| Minority Interest | $0 | $0 | $0 | $0 | $4M | $10M | $10M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22.8M | $21.1M | $18.7M | $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 | $2.63B | $2.57B | $2.44B | $2.35B | $2.19B | $2.08B | $1.82B | $2.51B | $2.45B | $2.03B | $2.18B | $2.35B | $2.49B | $2.33B | $2.16B | $2.39B | $2.23B | $2.17B | $3.23B | $3.44B | $3.6B | $3.45B | $3.2B | $2.77B | $3.02B | $3.37B | $3.49B | $2.52B | $2.58B | $2.59B | $2.81B | $2.72B | $2.47B | $2.21B | $2.11B | $2.1B | $2.03B | $1.8B | $1.97B | $1.89B |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $401M | $380M | $378M | $395M | $397M | $389M | $392M | $352M | $375.9M | $377M | $753.9M | $757.2M | $765M | $880.5M | $729.1M | $714.7M | $880.4M | $512.3M | $732.1M | $648M | $823.4M | $800.5M | $1.03B | $1.11B | $1.19B | $1.22B | $1.06B | $493.9M | $617.2M | $512.7M | $338.2M | $342.2M | $435.8M | $528.9M | $617M | $650.7M | $558.6M | $381.8M | $581.2M | $607.8M |
| Net Debt | $109M | $40M | $156M | $26M | $39M | -$146M | $211M | -$526M | -$552.1M | -$282.3M | $319.2M | $224.5M | $108.2M | $319.6M | $389.1M | $325.4M | $486.3M | $414.6M | $380M | $382.3M | $215.8M | $255.8M | $103.1M | $975M | $1.13B | $1.19B | $943.7M | $367.4M | $585.3M | $484.9M | $262.8M | $26.3M | $174.2M | $300.8M | $426.2M | $441.6M | $205.8M | $125.4M | $577.4M | $597.1M |
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 | $146M | $420M | $178M | $1.08B | $1.37B | $497M | -$10M | $395M | $390M | $149.8M | -$88.1M | -$75.4M | $175.4M | $28.8M | -$181.1M | -$38.6M | -$121.8M | -$579M | -$179.9M | $123.7M | $455.5M | $420.7M | $272.5M | -$62M | -$171.6M | -$13.8M | $216.8M | $2M | -$101.8M | -$200.7M | -$51.7M | $346.9M | $254.4M | $176.9M | $55.9M | $91.1M | $192.6M |
| Depreciation & Amortization | $145M | $126M | $119M | $132M | $119M | $111M | $123M | $120M | $123.3M | $112.8M | $101.9M | $100.7M | $91.3M | $73.9M | $78.9M | $82M | $80M | $100.4M | $109.8M | $128M | $135.1M | $145.1M | $141.3M | $157.6M | $195.2M | $235.5M | $202M | $185.4M | $183.9M | $191.8M | $202.6M | $197.3M | $183.2M | $163M | $149.8M | $152.3M | $141.8M |
| Deferred Income Tax | $24M | -$4M | $44M | $1M | $7M | $2M | $10M | $27M | $1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$155.3M | -$13.9M | -$29.1M | -$113.9M | $140.5M | $179.8M | -$16.7M | -$77.6M | -$3.8M | $53.3M | $7.6M | $15.3M | -$22M | -$144.7M | $5M | -$1.6M | $13.5M | -$1.6M | $7.5M | $18.7M |
| Stock-Based Compensation | $30M | $0 | $0 | $0 | $0 | $0 | $0 | $8.6M | $9.7M | $13M | $9.3M | $9.4M | $8.8M | $8.4M | $7.8M | $8.8M | $7.3M | $9.7M | $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 | $9M | $3M | -$8M | $22M | -$14M | -$53M | -$21M | $3.4M | -$35M | -$8.9M | $10.6M | -$34.1M | $4.5M | -$15M | $14.3M | $16.9M | $38.6M | $0 | -$665.9M | -$1.26B | -$1.4B | -$1.22B | -$1.02B | -$160.4M | -$119.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$18M | $9M | -$46M | -$66M | -$71M | -$12M | $3M | -$1.9M | -$22.7M | -$11M | $3.5M | -$9.2M | -$17.7M | -$44.5M | -$15.1M | -$8.5M | $57.2M | $29.9M | $32.6M | -$10.3M | -$14.4M | -$26M | $400K | $2.1M | $97M | -$37.4M | $13.5M | $7.1M | $12.8M | $31.1M | -$103.9M | $25.1M | -$39.7M | -$8M | $36.5M | -$17.5M | -$14.2M |
| Accounts Payable | -$2M | $23M | -$40M | $15M | $46M | $30M | -$4M | -$20.7M | $22.5M | $53.8M | -$20.3M | -$7.8M | $12.4M | $11.7M | -$5.4M | $6.2M | $6.2M | $0 | -$37.6M | $800K | -$17.2M | -$300K | $33.7M | -$20.4M | -$41.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$17M | $14M | -$34M | -$1M | -$5M | $50M | -$38M | $2M | -$23M | $14.2M | -$4.7M | -$24.9M | $33.8M | $4M | -$32.7M | -$15.1M | -$9.2M | -$222.3M | -$35.6M | $3.4M | -$13.6M | -$5.3M | $34.2M | -$12.8M | -$39.8M | -$11.7M | $9.4M | -$68.2M | $2.9M | -$99.7M | $23.7M | $39.6M | $9.5M | $18.6M | $3.1M | -$22M | $1.1M |
| Total Working Capital Change | -$28M | $49M | -$128M | -$30M | -$44M | $15M | -$60M | -$18M | -$58M | $48.1M | -$10.9M | -$76M | $33M | -$42.1M | -$38.7M | $6.7M | $80M | -$91.8M | -$83.6M | -$27.5M | $17.8M | -$78.3M | $39.1M | $39.3M | $119.5M | -$73.1M | $75.9M | -$31.2M | $33.5M | -$36.7M | -$51.5M | $23.1M | -$26.6M | -$22.7M | $31.1M | -$16.6M | -$20.6M |
| Other Non-Cash Items | $65M | $14M | $103M | -$42M | $29M | $34M | $96M | -$21.6M | $8.3M | $18.6M | $17M | -$11.6M | -$66M | $43.3M | $93.5M | -$11.1M | $15.3M | $573.5M | $157.9M | -$11.3M | $19.5M | -$26.5M | -$123.3M | -$29.7M | $83.2M | -$62.3M | -$75.4M | -$40.8M | -$42.7M | $90.4M | $379.9M | $23.6M | $29.1M | $29.6M | $15M | $15.9M | $20.7M |
| Net Cash from Operating | $382M | $605M | $316M | $1.14B | $1.48B | $659M | $159M | $510.5M | $473.7M | $342.3M | $27.5M | -$52.9M | $242.5M | $115.4M | -$40.2M | $47.8M | $60.8M | -$142.5M | -$9.7M | $183.8M | $514M | $601.5M | $509.4M | $88.5M | $148.7M | $82.5M | $472.6M | $123M | $88.2M | $22.8M | $334.6M | $595.9M | $438.5M | $360.3M | $250.2M | $250.2M | $353.2M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$291M | -$183M | -$300M | -$414M | -$254M | -$77M | -$163M | -$214M | -$149M | -$124.8M | -$113.8M | -$80.1M | -$75.6M | -$31.2M | -$21.4M | -$14.5M | -$9.6M | -$99.4M | -$335.5M | -$236.5M | -$173.7M | -$147.7M | -$86.6M | -$45.5M | -$74.7M | -$220.3M | -$117.9M | -$122.5M | -$204.5M | -$244M | -$362.9M | -$286M | -$208.4M | -$161.4M | -$152.3M | -$330.4M | -$223.1M |
| Acquisitions | $0 | -$17M | $0 | $268M | $0 | $15M | $27M | -$45M | -$21M | $0 | $1.1M | $2.6M | -$50.6M | $12.7M | -$9.6M | $4.9M | -$400K | -$56.5M | -$5.8M | $0 | $0 | $0 | $0 | -$3.3M | -$6.9M | -$54.7M | -$726.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | -$3M | -$45M | -$32M | $0 | -$3.9M | $0 | $0 | $0 | -$9.6M | -$4.9M | -$300K | -$216M | -$2.01B | -$5B | -$3.9B | -$2.6B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$16.4M | -$5.3M | -$5.8M | -$3.7M |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $3M | $0 | $0 | $1.2M | $1.1M | $0 | $0 | $0 | $19.1M | $141.8M | $50.3M | $421.6M | $2.47B | $4.9B | $3.72B | $1.96B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32.1M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $17M | -$76M | $0 | $7M | $13M | -$1M | $21M | -$29M | $409.9M | -$3.2M | $14M | $108.8M | $40M | $19.6M | $108.1M | $85.6M | -$7.6M | $3.2M | $88.6M | $65.2M | $89M | $529.6M | $120.5M | $32M | $13.9M | $60.6M | $368.9M | $64.6M | $31.3M | -$24.4M | -$64.3M | -$77.4M | -$28.7M | -$41.3M | -$34.9M | -$33.1M |
| Net Cash from Investing | -$291M | -$183M | -$376M | -$146M | -$247M | -$49M | -$137M | -$238.2M | -$198.6M | $286.3M | -$115.9M | -$63.5M | -$17.4M | $21.5M | $7.7M | $120.3M | $125.6M | $111M | $122.9M | -$247.5M | -$281.5M | -$773.6M | $443M | $71.7M | -$49.6M | -$261.1M | -$783.4M | $246.4M | -$139.9M | -$212.7M | -$387.3M | -$350.3M | -$253.7M | -$206.5M | -$198.9M | -$371.1M | -$259.9M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | $9M | - | $5M | $25M | $3M | $392.5M | $2.3M | $2.3M | $113.2M | -$97.1M | -$8.3M | $173.7M | -$1.7M | $174.8M | -$63.6M | $183.4M | -$24.1M | $266M | $84.6M | $72.6M | $33.5M | -$165.2M | -$404.7M | $147.3M | -$114M | -$196.4M | $4.2M | $100.8M | $104.7M | $88.1M | $33.7M | -$92.1M | -$176.8M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $700K | $0 | $100K | $1.3M | $0 | $0 | $132.3M | $0 | $2.7M | $5.6M | $11.7M | $41.2M | $19.2M | $0 | $0 | $0 | $0 | $15M | $0 | $0 | $0 | $56M | $0 | $0 | $0 | $0 | $48.6M |
| Common Stock Repurchases | -$61M | -$212M | $0 | -$900M | -$1.3B | -$200M | -$638M | -$212M | -$400K | -$100K | $0 | -$100K | $0 | $0 | $0 | $0 | $0 | $0 | -$23.6M | -$41.1M | -$150.6M | $0 | $0 | $0 | $0 | -$11.3M | -$47.9M | -$66.5M | -$2.9M | $0 | -$120.2M | -$54.3M | -$13.8M | $0 | -$3.7M | -$80.4M | -$48M |
| Dividends Paid | -$78M | -$74M | -$69M | -$69M | -$66M | -$65M | -$65M | -$74.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$31M | -$62.4M | -$63.2M | -$52M | -$32.6M | $0 | $0 | -$25.1M | -$58.3M | -$59.2M | -$60.7M | -$60.7M | -$60.1M | -$58.2M | -$53.4M | -$47.3M | -$42.5M | -$38.9M | -$38.5M | -$37.3M |
| Other Financing Activities | -$2M | -$6M | -$8M | -$13M | -$13M | -$7M | -$9M | -$6.1M | -$6M | -$14.5M | -$2.8M | -$1.6M | -$13.3M | -$6.3M | -$24M | -$200K | -$15.8M | $0 | -$31.5M | $3.6M | -$800K | -$3.6M | -$100M | -$11.9M | -$17M | $5.1M | $2.7M | -$15.3M | $5.4M | $6M | -$5.2M | -$38.8M | $14.5M | $14.1M | $6.7M | $4M | -$137M |
| Net Cash from Financing | -$141M | -$292M | -$77M | -$982M | -$1.39B | -$272M | -$717M | -$317M | -$9.4M | -$407M | -$4.4M | -$3.9M | -$126.4M | $92.1M | -$15.7M | -$174.3M | $115.9M | -$230.5M | -$19.5M | -$278.5M | -$167.6M | -$215.8M | -$165.4M | -$84.5M | -$75.6M | $100.7M | $300.3M | -$274.8M | $55.8M | $142.3M | -$187.8M | -$191.3M | -$151.3M | -$116.5M | -$69.6M | -$22.8M | $3.1M |
| Forex Effect | $2M | -$12M | -$10M | -$5M | -$26M | $16M | -$2.4M | -$4.9M | $3M | $3M | -$6.9M | -$3.8M | -$2.8M | -$4.5M | -$1.1M | $1.4M | -$5.9M | $7.6M | -$7.3M | $300K | $542.7M | $0 | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$48M | $118M | -$147M | $11M | -$177M | $354M | -$697.4M | -$49.6M | $268.7M | $224.6M | -$98M | -$124.1M | $95.9M | $220.9M | -$49.3M | -$4.8M | $296.4M | -$254.4M | $86.4M | -$341.9M | $607.6M | $0 | $788.6M | $75.7M | $23.5M | -$77.9M | -$10.5M | $94.6M | $4.1M | -$47.6M | -$240.5M | $54.3M | $33.5M | $37.3M | -$18.3M | -$143.7M | $96.4M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $382M | $605M | $316M | $1.14B | $1.48B | $659M | $159M | $510.5M | $473.7M | $342.3M | $27.5M | -$52.9M | $242.5M | $115.4M | -$40.2M | $47.8M | $60.8M | -$142.5M | -$9.7M | $183.8M | $514M | $601.5M | $509.4M | $88.5M | $148.7M | $82.5M | $472.6M | $123M | $88.2M | $22.8M | $334.6M | $595.9M | $438.5M | $360.3M | $250.2M | $250.2M | $353.2M |
| Capital Expenditure | -$291M | -$183M | -$300M | -$414M | -$254M | -$77M | -$163M | -$214.2M | -$148.6M | -$124.8M | -$113.8M | -$80.1M | -$75.6M | -$31.2M | -$21.4M | -$14.5M | -$9.6M | -$99.4M | -$335.5M | -$236.5M | -$173.7M | -$147.7M | -$86.6M | -$45.5M | -$74.7M | -$220.3M | -$844M | -$122.5M | -$204.5M | -$244M | -$362.9M | -$286M | -$208.4M | -$161.4M | -$152.3M | -$330.4M | -$223.1M |
| Free Cash Flow | $91M | $422M | $16M | $730M | $1.23B | $582M | -$4M | $296.3M | $325.1M | $217.5M | -$86.3M | -$133M | $166.9M | $84.2M | -$61.6M | $33.3M | $51.2M | -$241.9M | -$345.2M | -$52.7M | $340.3M | $453.8M | $422.8M | $43M | $74M | -$137.8M | -$371.4M | $500K | -$116.3M | -$221.2M | -$28.3M | $309.9M | $230.1M | $198.9M | $97.9M | -$80.2M | $130.1M |
| Cash at Beginning | $340M | $222M | $369M | $371M | $535M | $181M | $892M | $941.3M | $659.3M | $434.7M | $532.7M | $656.8M | $560.9M | $340M | $389.3M | $394.1M | $97.7M | $352.1M | $258M | $607.6M | $544.7M | $925.9M | $137.3M | $61.6M | $38.1M | $116M | $126.5M | $31.9M | $27.8M | $75.4M | $315.9M | $261.6M | $228.1M | $190.8M | $209.1M | $352.8M | $256.4M |
| Cash at End | $292M | $340M | $222M | $383M | $358M | $535M | $195M | $891.8M | $928M | $659.3M | $434.7M | $532.7M | $656.8M | $564.5M | $340M | $389.3M | $394.1M | $97.7M | $352.1M | $265.7M | $607.6M | $544.7M | $925.9M | $137.3M | $61.6M | $38.1M | $116M | $126.5M | $31.9M | $27.8M | $75.4M | $315.9M | $261.6M | $228.1M | $190.8M | $209.1M | $352.8M |