MASCO CORP /DE/ (MAS)
Masco Corporation is a prominent global manufacturer and distributor of home improvement and building products, serving markets across North America, Europe, and other international regions. The company operates through two main segments. Its Plumbing Products division offers a vast array of items, from fixtures like faucets, showerheads, and valves to comprehensive bathing solutions such as tubs, shower bases, sinks, and toilets. This segment also provides high-end offerings like spas, exercise pools, and fitness systems, alongside crucial plumbing system components made from brass, copper, and composites, as well as connected water technologies, thermoplastic solutions, and PEX tubing. These products are sold under numerous recognized brands, including DELTA, HANSGROHE, KRAUS, HOT SPRING, and ENDLESS POOLS. The Decorative Architectural Products segment enhances both the aesthetic and functional aspects of homes. Its portfolio includes various paints, primers, specialty coatings, stains, and waterproofing products, along with associated applicators. It also supplies diverse cabinet and door hardware, functional hardware, wall plates, closet organization systems, and picture hanging accessories. Additionally, this segment provides decorative bath hardware, mirrors, shower doors, and a wide selection of indoor and outdoor lighting fixtures, such as ceiling fans, landscape lighting, and LED systems. Key brands in this segment include BEHR, KILZ, LIBERTY, and KICHLER. Masco distributes its extensive product range through a broad network of channels, encompassing plumbing, heating, and hardware wholesalers; home centers and online retailers; independent hardware stores; electrical and landscape distributors; lighting showrooms; building supply outlets; and various mass merchandisers. Masco Corporation was founded in 1929 and is headquartered in Livonia, Michigan.
Sector: Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
Industry: Construction Materials
Masco Corporation
NYSE:MASBasic Materials · Construction Materials
-2.61%$76.01
AH Close$76.01+0.00%vs close
AH Close$76.01+0.00%vs close
Mkt Cap$14.99B
Float196.2M
O/S197.19M
Inst Own101.8%
SI4.2%
Div Yield1.67%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$7.56B
Net Income$810M
Total Assets$5.2B
Free Cash Flow$866M
Debt & Equity
Debt 106%
Total Debt$3.44B
Total Equity-$186M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MAS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.2B
Liabilities$5.13B
Accounts Receivable$1.03B
Accounts Payable$810M
Inventory$1.05B
PP&E (Net)$1.43B
Goodwill$623M
Intangible Assets$205M
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 | $7.56B | $7.83B | $7.97B | $8.68B | $8.38B | $7.19B | $6.71B | $6.65B | $7.64B | $7.36B | $7.14B | $8.52B | $8.17B | $7.75B | $7.47B | $7.59B | $7.79B | $9.6B | $11.77B | $12.78B | $12.64B | $12.07B | $10.94B | $9.42B | $8.36B | $7.24B | $6.31B | $4.34B | $3.76B | $3.24B | $2.93B | $4.47B | $3.89B | $3.52B | $3.14B | $3.21B | $3.15B | $2.44B | $2.02B | $1.45B |
| YoY Growth | -3.4% | -1.7% | -8.2% | 3.6% | 16.5% | 7.2% | 0.8% | -13.0% | 3.9% | 3.0% | -16.2% | 4.3% | 5.5% | 3.7% | -1.6% | -2.6% | -18.8% | -18.4% | -7.9% | 1.1% | 4.7% | 10.4% | 16.1% | 12.7% | 15.4% | 14.8% | 45.2% | 15.6% | 16.2% | 10.6% | -34.5% | 15.0% | 10.2% | 12.2% | -2.1% | 1.9% | 29.2% | 20.5% | 39.3% | - |
| Cost of Revenue | $4.88B | $4.99B | $5.16B | $5.97B | $5.51B | $4.6B | $4.35B | $4.35B | $5.05B | $4.93B | $4.93B | $4.96B | $5.92B | $5.53B | $5.7B | $5.69B | $5.82B | $7.17B | $8.61B | $9.31B | $8.98B | $8.19B | $7.59B | $6.45B | $5.81B | $4.73B | $3.86B | $2.69B | $2.28B | $1.96B | $1.76B | $2.88B | $2.51B | $2.27B | $2.1B | $2.12B | $2.09B | $1.51B | $1.24B | $885.9M |
| Gross Profit | $2.69B | $2.84B | $2.81B | $2.71B | $2.86B | $2.58B | $2.36B | $2.31B | $2.59B | $2.43B | $2.22B | $2.05B | $2.26B | $1.96B | $1.77B | $1.79B | $1.97B | $2.32B | $3.17B | $3.46B | $3.58B | $3.66B | $3.35B | $2.97B | $2.55B | $2.52B | $2.45B | $1.66B | $1.48B | $1.28B | $1.17B | $1.59B | $1.38B | $1.26B | $1.04B | $1.09B | $1.06B | $924.4M | $779M | $566.1M |
| Gross Margin | 35.5% | 36.3% | 35.2% | 31.3% | 34.2% | 36.0% | 35.2% | 34.7% | 33.8% | 33.1% | 31.0% | 24.0% | 27.6% | 25.3% | 23.7% | 23.6% | 25.3% | 24.1% | 26.9% | 27.1% | 28.3% | 30.3% | 30.6% | 31.5% | 30.5% | 34.8% | 38.8% | 38.2% | 39.3% | 39.4% | 40.0% | 35.5% | 35.5% | 35.7% | 33.0% | 34.1% | 33.8% | 37.9% | 38.5% | 39.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $1.42B | $1.47B | $1.47B | $1.39B | $1.41B | $1.29B | $1.26B | $1.23B | $1.39B | $1.33B | $1.29B | $1.24B | $1.56B | $1.48B | $1.55B | $1.56B | $1.65B | $1.75B | $1.99B | $2.01B | $1.95B | $1.99B | $1.75B | $1.39B | $1.42B | $1.22B | $1.35B | $1.04B | $957.8M | $696.3M | $678.3M | $956.6M | $860.5M | $785.4M | $686.2M | $636.7M | $570.9M | $453.6M | $359.6M | $258.6M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$19M | $131M | $93.2M | $238.33M | $181.8M | $156.7M | $131.5M | $99.7M | $90.1M | $120.6M | $116M | $114.5M | $102.7M | $93.5M | $89.1M | $74.6M | $63.3M | $43.8M |
| Total Operating Expenses | $1.42B | $1.47B | $1.47B | $1.39B | $1.41B | $1.29B | $1.26B | $1.23B | $1.39B | $1.33B | $1.29B | $1.24B | $1.56B | $1.48B | $1.55B | $1.56B | $1.65B | $1.75B | $1.99B | $2.01B | $1.95B | $1.99B | $1.74B | $1.52B | $1.51B | $1.46B | $1.54B | $1.19B | $1.09B | $796M | $768.4M | $1.08B | $976.5M | $899.9M | $788.9M | $730.2M | $660M | $528.2M | $422.9M | $302.4M |
| Operating Income (EBIT) | $1.27B | $1.37B | $1.34B | $1.32B | $1.45B | $1.29B | $1.1B | $1.08B | $1.2B | $1.1B | $927M | $808M | $693M | $482M | $215M | $228M | $326M | $566M | $1.18B | $1.46B | $1.63B | $1.67B | $1.45B | $1.27B | $1.04B | $1.06B | $911.5M | $866.4M | $705.9M | $480.5M | $402.4M | $509.6M | $403.9M | $358.6M | $248.3M | $362.8M | $404.9M | $396.2M | $356.1M | $263.7M |
| Operating Margin | 16.8% | 17.5% | 16.8% | 15.2% | 17.3% | 18.0% | 16.4% | 16.2% | 15.7% | 15.0% | 13.0% | 9.5% | 8.5% | 6.2% | 2.9% | 3.0% | 4.2% | 5.9% | 10.0% | 11.4% | 12.9% | 13.9% | 13.2% | 13.5% | 12.4% | 14.6% | 14.5% | 19.9% | 18.8% | 14.8% | 13.7% | 11.4% | 10.4% | 10.2% | 7.9% | 11.3% | 12.9% | 16.2% | 17.6% | 18.2% |
| Interest Expense | $101M | $99M | $106M | $108M | $278M | $144M | $159M | $156M | $278M | $229M | $225M | $225M | $235M | $254M | $254M | $251M | $225M | $228M | $258M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $9M | $2M | $1M | $3M | $3M | $5M | $3M | $4M | $3M | $1M | $2M | $7M | $1M | $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 |
| Other Income (Expense) | -$137M | -$211M | -$98M | -$130M | -$762M | -$164M | -$183M | -$170M | -$314M | -$272M | -$238M | -$301M | -$243M | -$409M | -$687M | -$969M | -$477M | -$759M | -$408M | -$556M | -$228M | -$132M | -$202M | -$301M | -$739.1M | -$163.3M | -$7.4M | $39.1M | $27.9M | $22.2M | -$50.6M | -$187M | -$41.3M | -$53.8M | -$150.7M | -$126.9M | -$77.8M | $25.2M | -$21.6M | $67.2M |
| Income Before Tax (EBT) | $1.14B | $1.16B | $1.24B | $1.19B | $688M | $1.13B | $914M | $907M | $884M | $832M | $689M | $507M | $450M | $73M | -$472M | -$741M | -$151M | -$193M | $770M | $900M | $1.4B | $1.54B | $1.22B | $1.03B | $300.7M | $893.4M | $904.1M | $755M | $630.9M | $502.7M | $351.8M | $322.6M | $362.6M | $304.8M | $97.6M | $235.9M | $327.1M | $421.4M | $334.5M | $330.9M |
| Income Tax Expense | $277M | $287M | $278M | $288M | $210M | $269M | $230M | $221M | $304M | $296M | $293M | -$361M | $111M | $91M | -$49M | $240M | -$49M | $134M | $336M | $412M | $514M | $574M | $463M | $348.9M | $102.2M | $301.7M | $334.5M | $279M | $248.5M | $207.5M | $151.7M | $128.9M | $141.5M | $121.7M | $52.7M | $97.1M | $106.2M | $133.1M | $115.7M | $127.5M |
| Net Income | $810M | $822M | $908M | $842M | $406M | $613M | $631M | $727M | $528M | $487M | $351M | $845M | $291M | -$110M | -$578M | -$1.05B | -$186M | -$398M | $386M | $491M | $866M | $949M | $806M | $589.7M | $198.5M | $591.7M | $569.6M | $476M | $382.4M | $295.2M | -$441.6M | $193.7M | $221.1M | $183.1M | $44.9M | $138.8M | $220.9M | $288.3M | $218.8M | $203.4M |
| Net Income Margin | 10.7% | 10.5% | 11.4% | 9.7% | 4.8% | 8.5% | 9.4% | 10.9% | 6.9% | 6.6% | 4.9% | 9.9% | 3.6% | -1.4% | -7.7% | -13.8% | -2.4% | -4.1% | 3.3% | 3.8% | 6.9% | 7.9% | 7.4% | 6.3% | 2.4% | 8.2% | 9.0% | 11.0% | 10.2% | 9.1% | -15.1% | 4.3% | 5.7% | 5.2% | 1.4% | 4.3% | 7.0% | 11.8% | 10.8% | 14.0% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 3.88 | 3.77 | 4.04 | 3.65 | 1.63 | 3.03 | 2.21 | 2.50 | 1.72 | 1.54 | 1.03 | 2.40 | 0.78 | -0.33 | -1.65 | -2.99 | -0.52 | -1.11 | 1.05 | 1.23 | 2.23 | 2.01 | 1.69 | 1.07 | 0.37 | 1.34 | 1.31 | 1.30 | 1.05 | 0.92 | -1.39 | 0.61 | 0.72 | 0.61 | 0.15 | 0.46 | 0.71 | 1.05 | 0.83 | 0.78 |
| Diluted EPS | 3.86 | 3.76 | 4.02 | 3.63 | 1.62 | 3.03 | 2.20 | 2.39 | 1.66 | 1.47 | 1.02 | 2.38 | 0.76 | -0.33 | -1.65 | -2.99 | -0.52 | -1.11 | 1.03 | 1.22 | 2.19 | 1.96 | 1.65 | 1.01 | 0.35 | 1.31 | 1.28 | 1.26 | 1.02 | 0.92 | -1.39 | 0.61 | 0.70 | 0.61 | 0.15 | 0.46 | 0.71 | 1.05 | 0.83 | 0.78 |
| Weighted Average OS | 209.00M | 218.00M | 225.00M | 231.00M | 249.00M | 258.20M | 287.00M | 293.90M | 310.40M | 318.00M | 338.00M | 349.00M | 349.50M | 343.75M | 347.90M | 348.60M | 351.00M | 352.25M | 369.00M | 394.00M | 422.00M | 445.00M | 476.92M | 551.40M | 536.49M | 441.57M | 434.81M | 434.69M | 422.95M | 320.87M | 318.84M | 317.54M | 307.08M | 300.16M | 299.33M | 301.74M | 311.13M | 274.57M | 263.61M | 260.77M |
| EBITDA | $1.38B | $1.41B | $1.49B | $1.45B | $951M | $1.41B | $1.23B | $1.22B | $1.29B | $1.2B | $1.05B | $886M | $869M | $516M | $45M | -$211M | $328M | $273M | $1.28B | $1.38B | $1.89B | $2B | $1.69B | $1.47B | $1.31B | $1.3B | $1.09B | $1.02B | $837.4M | $580.2M | $492.5M | $630.2M | $519.9M | $473.1M | $351M | $456.3M | $494M | $470.8M | $419.4M | $307.5M |
| EBITDA Margin | 18.3% | 18.0% | 18.7% | 16.7% | 11.4% | 19.6% | 18.4% | 18.3% | 16.9% | 16.2% | 14.7% | 10.4% | 10.6% | 6.7% | 0.6% | -2.8% | 4.2% | 2.8% | 10.8% | 10.8% | 15.0% | 16.5% | 15.5% | 15.6% | 15.7% | 17.9% | 17.3% | 23.5% | 22.3% | 17.9% | 16.8% | 14.1% | 13.4% | 13.4% | 11.2% | 14.2% | 15.7% | 19.3% | 20.7% | 21.2% |
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 | $647M | $634M | $634M | $452M | $926M | $1.33B | $697M | $559M | $1.19B | $990M | $1.47B | $1.38B | $1.22B | $1.35B | $1.66B | $1.72B | $1.41B | $1.03B | $922M | $1.96B | $1.96B | $1.26B | $795M | $1.07B | $311.99M | $169.43M | $230.8M | $541.7M | $441.3M | $473.7M | $60.5M | $61.2M | $120M | $45.4M | $62.1M | $51.1M | $46.5M | $143.1M | $304.5M | $213.4M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $108M | $201M | $248M | $306M | $321M | $0 | $0 | $0 | $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 | $647M | $634M | $634M | $452M | $926M | $1.33B | $697M | $559M | $1.3B | $1.19B | $1.72B | $1.69B | $1.54B | $1.35B | $1.66B | $1.72B | $1.41B | $1.03B | $922M | $1.96B | $1.96B | $1.26B | $795M | $1.07B | $311.99M | $169.43M | $230.8M | $541.7M | $441.3M | $473.7M | $60.5M | $61.2M | $120M | $45.4M | $62.1M | $51.1M | $46.5M | $143.1M | $304.5M | $213.4M |
| Accounts Receivable | $1.03B | $1.03B | $1.09B | $1.15B | $1.17B | $1.14B | $997M | $990M | $1.07B | $917M | $853M | $820M | $1B | $933M | $914M | $888M | $983M | $999M | $1.41B | $1.61B | $1.72B | $1.73B | $1.67B | $1.55B | $1.2B | $1.1B | $1B | $800.3M | $559.1M | $466.9M | $439.9M | $755.1M | $615M | $547.8M | $505.2M | $480.5M | $512.9M | $372M | $330.8M | $261M |
| Inventory | $1.05B | $938M | $1.02B | $1.24B | $1.22B | $876M | $754M | $946M | $796M | $712M | $687M | $819M | $765M | $792M | $769M | $732M | $743M | $941M | $1.13B | $1.26B | $1.13B | $1.13B | $1.02B | $1.06B | $913.1M | $912.96M | $769.9M | $559M | $515M | $411.9M | $391.8M | $948.8M | $824.1M | $781.7M | $738.9M | $753.4M | $712.3M | $550.9M | $446.7M | $298.6M |
| Other Current Assets | $119M | $2M | $3M | $1M | $0 | $0 | $173M | $342M | $0 | $0 | $0 | $335M | $73M | $100M | $20M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $126.62M | $106.5M | $81.6M | $111.3M | $77.3M | $72.3M | $126.3M | $84.7M | $90.6M | $69.7M | $80.2M | $121.6M | $71.9M | $18.3M | $13.9M |
| Total Current Assets | $2.84B | $2.73B | $2.86B | $2.95B | $3.42B | $3.49B | $2.71B | $2.77B | $3.21B | $2.93B | $3.33B | $3.86B | $3.47B | $3.22B | $3.43B | $3.46B | $3.45B | $3.3B | $3.81B | $5.12B | $5.12B | $4.4B | $3.8B | $3.95B | $2.63B | $2.31B | $2.11B | $1.86B | $1.63B | $1.43B | $964.5M | $1.89B | $1.64B | $1.47B | $1.38B | $1.37B | $1.39B | $1.14B | $1.1B | $786.9M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.43B | $1.35B | $1.39B | $1.24B | $1.08B | $1.07B | $1.05B | $1.22B | $1.13B | $1.06B | $1.03B | $1.14B | $1.25B | $1.43B | $1.57B | $1.74B | $1.98B | $2.14B | $2.37B | $2.36B | $2.17B | $2.27B | $2.34B | $2.32B | $2.02B | $1.91B | $1.62B | $1.16B | $1.04B | $940.6M | $856.7M | $1.23B | $1.1B | $1.03B | $1B | $970.1M | $880.7M | $652.1M | $615.3M | $492.9M |
| Goodwill | $623M | $597M | $603M | $537M | $568M | $563M | $509M | $898M | $841M | $832M | $839M | $1.88B | $1.9B | $1.89B | $1.89B | $2.38B | $3.11B | $3.37B | $3.94B | $3.96B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $205M | $220M | $377M | $350M | $388M | $357M | $259M | $406M | $187M | $154M | $160M | $145M | $149M | $151M | $196M | $269M | $290M | $299M | $323M | $306M | $4.48B | $4.73B | $4.83B | $4.65B | $3.52B | $2.19B | $1.74B | $1.04B | $729.2M | $457.4M | $343.5M | $706.2M | $605.2M | $627.3M | $630.9M | $641.3M | $627.9M | $573.9M | $580.5M | $384.3M |
| Long-Term Investments | $0 | $0 | $0 | $22M | $25M | $157M | $11M | $12M | $13M | $18M | $48M | $50M | $113M | $95M | $112M | $0 | $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 | $50M | $0 | $0 | $60M | $57M | $109M | $99M | $42M | $45M | $68M | $184M | $293M | $0 | $0 | $0 | $0 | $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 | $55M | $122M | $137M | $31M | $32M | $28M | $384M | $46M | $55M | $71M | $94M | -$158M | $161M | -$968M | $214M | $287M | $345M | $377M | $471M | $584M | $785M | $1.13B | $1.17B | $1.13B | $1.02B | $1.34B | $1.16B | $1.1B | $940.6M | $873.9M | $1.61B | $560.6M | $676.9M | $863.3M | $778.9M | $784.1M | $738.9M | $635.3M | $554M | $562.1M |
| Total Long-Term Assets | $2.36B | $2.29B | $2.51B | $2.24B | $2.15B | $2.29B | $2.32B | $2.63B | $2.27B | $2.2B | $2.35B | $3.3B | $3.46B | $3.66B | $3.87B | $4.68B | $5.72B | $6.18B | $7.1B | $7.21B | $7.44B | $8.14B | $8.35B | $8.1B | $6.56B | $5.44B | $4.53B | $3.3B | $2.71B | $2.27B | $2.81B | $2.5B | $2.38B | $2.52B | $2.41B | $2.4B | $2.25B | $1.86B | $1.75B | $1.44B |
| 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 | $5.2B | $5.02B | $5.36B | $5.19B | $5.58B | $5.78B | $5.03B | $5.39B | $5.49B | $5.14B | $5.68B | $7.17B | $6.93B | $6.88B | $7.3B | $8.14B | $9.18B | $9.48B | $10.91B | $12.32B | $12.56B | $12.54B | $12.15B | $12.05B | $9.18B | $7.74B | $6.63B | $5.17B | $4.33B | $3.7B | $3.78B | $4.39B | $4.02B | $3.99B | $3.79B | $3.76B | $3.64B | $3B | $2.85B | $2.23B |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $810M | $789M | $840M | $877M | $1.04B | $893M | $697M | $736M | $824M | $800M | $749M | $721M | $902M | $788M | $770M | $602M | $578M | $531M | $714M | $815M | $837M | $837M | $715M | $542M | $322.28M | $250.46M | $243.8M | $196.9M | $166.3M | $149.5M | $125.2M | $201.3M | $161.2M | $133.2M | $128.4M | $126.7M | $127.8M | $0 | $0 | $0 |
| Short-Term Debt | $49M | $3M | $3M | $205M | $10M | $3M | $2M | $8M | $116M | $2M | $1B | $505M | $6M | $206M | $803M | $66M | $364M | $71M | $122M | $1.45B | $832M | $80M | $334M | $321M | $129.86M | $210.95M | $62.3M | $254M | $68.5M | $7.6M | $25.7M | $48.4M | $33.2M | $94.8M | $132.1M | $199.8M | $171.9M | $50.1M | $241.5M | $13.4M |
| Current Income Tax Payable | $0 | $28M | $32M | $64M | $32M | $32M | $18M | $25M | $27M | $19M | $25M | $53M | $60M | $27M | $0 | $0 | $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 | $57M | $45M | $45M | $61M | $67M | $62M | $40M | $39M | $32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $438M | $79M | $83M | $61M | $76M | $182M | $190M | $335M | $50M | $52M | $48M | $340M | $48M | $91M | $67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1M | $0 | $616.64M | $540.3M | $470.1M | $385.2M | $361.3M | $295M | $351.6M | $296M | $263.5M | $253.3M | $225.3M | $239.8M | $327.6M | $239.6M | $196.3M |
| Total Current Liabilities | $1.57B | $1.56B | $1.7B | $1.89B | $1.94B | $1.93B | $1.55B | $1.68B | $1.63B | $1.46B | $2.51B | $2.21B | $1.78B | $1.86B | $2.36B | $1.49B | $1.78B | $1.55B | $1.91B | $3.39B | $2.89B | $2.15B | $2.1B | $1.93B | $1.24B | $1.08B | $846.4M | $846.6M | $620M | $518.4M | $445.9M | $601.3M | $490.4M | $491.5M | $513.8M | $551.8M | $539.5M | $377.7M | $481.1M | $209.7M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $3.15B | $2.94B | $2.95B | $2.95B | $2.95B | $2.79B | $2.77B | $2.97B | $2.97B | $3B | $2.4B | $2.92B | $3.42B | $3.42B | $3.22B | $4.03B | $3.6B | $3.92B | $3.97B | $3.53B | $3.92B | $4.19B | $3.85B | $4.32B | $3.63B | $3.02B | $2.43B | $1.39B | $1.32B | $1.24B | $1.58B | $1.59B | $1.42B | $1.49B | $1.37B | $1.33B | $1.15B | $999.2M | $938M | $809.7M |
| 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 | $95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $106M | $397M | $1.05B | $970M | $1.04B | $973M | $1.04B | $1.01B | $932M | $902M | $740M | $672M | $508M | $199.31M | $221.65M | $220.7M | $230.2M | $163.3M | $107.1M | $100.3M | $83.5M | $113.9M | $121.1M | $103.8M | $100.6M | $89.6M | $76.2M | $0 | $49.7M |
| Other Long-Term Liabilities | $71M | $341M | $348M | $339M | $437M | $481M | $602M | $669M | $715M | $785M | $800M | $844M | $666M | $4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $44M | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $100K | -$100K | -$100K | $100K | $0 | $0 | $0 | $100K | $0 | $60.1M | $0 |
| Total Long-Term Liabilities | $3.55B | $3.51B | $3.55B | $3.54B | $3.56B | $3.42B | $3.54B | $3.64B | $3.68B | $3.78B | $3.2B | $3.87B | $4.48B | $4.48B | $4.19B | $5.07B | $4.58B | $4.96B | $4.97B | $4.46B | $4.82B | $4.97B | $4.52B | $4.82B | $3.83B | $3.24B | $2.65B | $1.87B | $1.48B | $1.34B | $1.68B | $1.68B | $1.53B | $1.61B | $1.47B | $1.43B | $1.24B | $1.08B | $998.1M | $859.4M |
| 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 | $5.13B | $5.07B | $5.25B | $5.43B | $5.5B | $5.36B | $5.08B | $5.32B | $5.35B | $5.24B | $5.61B | $6.08B | $6.17B | $6.34B | $6.55B | $6.56B | $6.36B | $6.5B | $6.88B | $7.85B | $7.71B | $7.12B | $6.72B | $6.76B | $5.06B | $4.32B | $3.5B | $2.84B | $2.1B | $1.86B | $2.12B | $2.28B | $2.02B | $2.1B | $1.99B | $1.99B | $1.78B | $1.45B | $1.48B | $1.07B |
| 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 | $20K | $20K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $204M | $212M | $221M | $225M | $241M | $258M | $276M | $294M | $310M | $318M | $330M | $345M | $349M | $349M | $348M | $349M | $350M | $351M | $359M | $384M | $419M | $447M | $458M | $488.89M | $459.05M | $444.75M | $443.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$688M | -$693M | -$596M | -$947M | -$652M | $79M | -$332M | -$278M | -$298M | -$381M | -$300M | $690M | $79M | -$102M | $38M | $720M | $1.87B | $2.16B | $2.97B | $3.58B | $4.29B | $3.88B | $3.3B | $2.78B | $2.47B | $2.52B | $2.15B | $1.76B | $1.78B | $1.54B | $1.37B | $1.92B | $1.81B | $1.69B | $1.6B | $1.64B | $1.64B | $1.37B | $1.16B | $986.4M |
| Comprehensive Income & Other | $298M | $201M | $249M | $226M | $232M | -$142M | -$179M | -$127M | -$65M | -$235M | -$165M | -$111M | $115M | $59M | $76M | $273M | $366M | $308M | $697M | $512M | $143M | $454M | $256M | -$186M | -$188.29M | -$169.75M | -$60.5M | -$16.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $298M | $201M | $249M | $242M | $232M | -$142M | -$179M | -$127M | -$65M | -$235M | -$165M | -$111M | $131M | $75M | $141M | $315M | $408M | $308M | $697M | $512M | $143M | $1.1B | $1.7B | $2.02B | $1.19B | $461.37M | $541.5M | $1.01B | $444.6M | $303.4M | $289.1M | $188M | $193.2M | $201.9M | $202.7M | $135.6M | $217.1M | $177.6M | $206.2M | $170.7M |
| Total Equity | -$186M | -$280M | -$126M | -$480M | -$179M | $195M | -$235M | -$111M | -$53M | -$298M | -$135M | $924M | $559M | $322M | $527M | $1.38B | $2.63B | $2.82B | $4.03B | $4.47B | $4.85B | $5.42B | $5.46B | $5.29B | $4.12B | $3.43B | $3.14B | $2.77B | $2.23B | $1.84B | $1.66B | $2.11B | $2B | $1.89B | $1.8B | $1.77B | $1.86B | $1.55B | $1.37B | $1.16B |
| Minority Interest | $261M | $227M | $242M | $238M | $257M | $226M | $179M | $180M | $236M | $195M | $193M | $204M | $228M | $212M | $215M | $198M | $188M | $160M | $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 | $4.94B | $4.79B | $5.12B | $4.95B | $5.32B | $5.55B | $4.85B | $5.21B | $5.3B | $4.94B | $5.47B | $7B | $6.73B | $6.66B | $7.08B | $7.94B | $8.99B | $9.32B | $10.91B | $12.32B | $12.56B | $12.54B | $12.17B | $12.05B | $9.18B | $7.74B | $6.63B | $5.62B | $4.33B | $3.7B | $3.78B | $4.39B | $4.02B | $3.99B | $3.79B | $3.76B | $3.64B | $3B | $2.85B | $2.23B |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $3.44B | $3.21B | $3.25B | $3.44B | $3.17B | $2.98B | $2.97B | $2.98B | $3.08B | $3B | $3.41B | $3.42B | $3.43B | $3.63B | $4.03B | $4.1B | $3.97B | $3.99B | $4.09B | $4.98B | $4.75B | $4.27B | $4.18B | $4.64B | $3.76B | $3.23B | $2.49B | $1.95B | $1.39B | $1.24B | $1.6B | $1.64B | $1.45B | $1.58B | $1.5B | $1.53B | $1.33B | $1.05B | $1.18B | $823.1M |
| Net Debt | $2.79B | $2.58B | $2.62B | $2.99B | $2.24B | $1.66B | $2.28B | $2.43B | $1.89B | $2.01B | $1.94B | $2.04B | $2.2B | $2.59B | $2.37B | $2.38B | $2.56B | $2.96B | $3.17B | $3.02B | $2.78B | $3.01B | $3.39B | $3.57B | $3.45B | $3.06B | $2.26B | $1.39B | $948.7M | $770.2M | $1.54B | $1.58B | $1.33B | $1.54B | $1.44B | $1.48B | $1.28B | $906.2M | $875M | $609.7M |
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 | $810M | $822M | $960M | $842M | $478M | $804M | $980M | $981M | $901M | $814M | $704M | $695M | $607M | -$76M | -$533M | -$1B | -$145M | -$391M | $386M | $488M | $940M | $893M | $806M | $589.7M | $198.5M | $591.7M | $569.6M | $476M | $382.4M | $295.2M | -$441.6M | $193.7M | $221.1M | $183.1M | $44.9M | $138.8M | $220.9M |
| Depreciation & Amortization | $148M | $150M | $149M | $145M | $151M | $135M | $159M | $156M | $127M | $134M | $133M | $156M | $186M | $191M | $263M | $279M | $254M | $238M | $248M | $244M | $241M | $237M | $244M | $220M | $269.49M | $238.33M | $181.8M | $156.7M | $131.5M | $99.7M | $90.1M | $120.6M | $116M | $114.5M | $102.7M | $93.5M | $89.1M |
| Deferred Income Tax | $64M | $28M | -$3M | -$15M | -$53M | -$3M | -$18M | $46M | $43M | $130M | $212M | -$406M | $42M | $50M | -$112M | $168M | -$83M | $20M | -$41M | -$42M | $75M | $91M | $179M | $63.5M | -$94.89M | $15.26M | $5.2M | $45.9M | $34.9M | $28.9M | $18.2M | -$36.1M | -$8.5M | $11.6M | -$3.6M | $6.3M | -$2.1M |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $61M | $0 | $35M | $27M | $38M | $29M | $41M | $47M | $54M | $61M | $61M | $62M | $69M | $74M | $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 | $19M | -$39M | $42M | -$15M | -$64M | -$141M | -$37M | -$46M | -$140M | -$132M | -$104M | -$81M | -$85M | -$50M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$81M | $4M | $233M | -$43M | -$350M | -$89M | $58M | -$11M | -$76M | -$39M | $17M | -$75M | -$24M | -$16M | -$54M | $2M | $198M | $104M | $157M | -$126M | -$57M | -$138M | $39M | $10.51M | $47.58M | -$89.81M | -$68.3M | -$39.3M | -$38.8M | -$1.9M | -$14M | -$74.5M | -$38.8M | -$35.1M | $17.6M | -$48.7M | -$39M |
| Accounts Payable | -$14M | -$95M | -$34M | -$225M | $190M | $332M | $0 | $108M | $67M | $79M | $82M | $0 | $0 | $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 Working Capital | -$4M | $6M | $27M | $17M | $0 | $20M | -$27M | $62M | -$74M | -$49M | -$22M | -$18M | $62M | $52M | $52M | $113M | $37M | $57M | $126M | $69M | $66M | $128M | -$3M | -$23.03M | -$10.21M | -$76.29M | -$132.4M | -$70.6M | $3.4M | $30.9M | -$14.6M | -$600K | $2.6M | -$57.3M | $19.3M | $9.8M | -$22.9M |
| Total Working Capital Change | -$80M | -$124M | $268M | -$266M | -$224M | $122M | -$6M | $51M | -$150M | -$88M | -$5M | -$93M | $38M | $36M | -$2M | $115M | $235M | $161M | $283M | -$57M | $9M | -$10M | $36M | -$12.52M | $37.37M | -$166.1M | -$200.7M | -$109.9M | -$35.4M | $29M | -$28.6M | -$75.1M | -$36.2M | -$92.4M | $36.9M | -$38.9M | -$61.9M |
| Other Non-Cash Items | $80M | $199M | $35M | $134M | $517M | -$105M | -$317M | -$229M | -$208M | -$293M | -$386M | $203M | -$282M | $19M | $562M | $843M | $375M | $695M | $394M | $575M | $109M | $243M | $156M | $364.17M | $586.64M | $144.6M | -$65.3M | -$149.6M | -$108.4M | -$32.6M | $100K | $108.1M | -$31.5M | -$13.2M | $69.9M | $5M | -$22.2M |
| Net Cash from Operating | $1.02B | $1.07B | $1.41B | $840M | $930M | $953M | $833M | $1.03B | $751M | $726M | $699M | $602M | $645M | $281M | $239M | $465M | $705M | $797M | $1.27B | $1.21B | $1.37B | $1.45B | $1.42B | $1.22B | $966.64M | $733.84M | $490.6M | $419.1M | $405M | $340.1M | $322.5M | $311.2M | $260.9M | $203.6M | $250.8M | $204.7M | $223.8M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$156M | -$168M | -$243M | -$224M | -$128M | -$114M | -$162M | -$219M | -$173M | -$180M | -$158M | -$128M | -$126M | -$119M | -$151M | -$137M | -$125M | -$200M | -$248M | -$388M | -$282M | -$310M | -$271M | -$284.67M | -$274.43M | -$388.03M | -$1.15B | -$511.9M | -$354.3M | -$311.6M | -$165.1M | -$190.6M | -$166.5M | -$117.7M | -$113M | -$165.6M | -$163.7M |
| Acquisitions | $14M | $107M | -$136M | $1M | -$52M | $643M | $722M | -$549M | $39M | $180M | -$41M | -$2M | $10M | $9M | -$10M | $0 | $0 | $158M | -$158M | $132M | -$25M | -$16M | -$239M | -$735.99M | -$589.06M | -$588.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $219M | -$99M | -$211M | -$254M | -$400M | -$410M | $119M | $151M | $0 | $0 | $200M | -$1.05B | -$142M | -$155M | -$349M | -$377M | -$581.98M | -$424.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $2M | $1M | $171M | $3M | $1M | $113M | $112M | $283M | $289M | $443M | $427M | $40M | $94M | $42M | $11M | $58M | $1.16B | $174M | $348M | $679M | $507M | $306.15M | $422.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.4M | $5.3M |
| Other Investing Activities | -$2M | -$4M | -$6M | -$8M | -$3M | -$1M | $21M | -$215M | $96M | -$196M | -$25M | -$13M | $22M | -$76M | -$145M | -$14M | -$4M | -$229M | -$49M | -$2M | $300M | $157M | $252M | $310K | $199.06M | -$198.3M | $13.9M | $101M | $40.7M | $876.4M | $22.6M | -$142.9M | $210.7M | -$90.5M | -$75.3M | $62.4M | -$81M |
| Net Cash from Investing | -$144M | -$65M | -$383M | -$230M | -$12M | $531M | $582M | -$651M | -$25M | -$124M | -$189M | -$100M | -$77M | -$27M | -$61M | -$109M | -$118M | -$13M | -$347M | -$226M | $186M | $161M | -$128M | -$1.3B | -$666.57M | -$1.18B | -$1.13B | -$410.9M | -$313.6M | $564.8M | -$142.5M | -$333.5M | $44.2M | -$208.2M | -$188.3M | -$99.8M | -$239.4M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | $2M | $3M | $205M | -$190M | -$152M | -$13M | $8M | $115M | -$55M | $412M | -$200M | $2M | $202M | $1M | $5M | $2M | $11M | $33M | -$544M | $10M | -$407M | $13M | $541M | -$634M | -$201.63M | -$702.01M | -$579M | -$315.7M | -$262.3M | $368.1M | $52.2M | -$134.2M | $131.4M | -$80.5M | $30M | -$168.9M | -$161.7M |
| Common Stock Issuance | $6M | $79M | $0 | $1M | $0 | $0 | $0 | $0 | $0 | $1M | $2M | $1M | $0 | $0 | $0 | $0 | $0 | $0 | $60M | $28M | $33M | $58M | $37M | $598M | $0 | $156.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $63.6M | $0 | $0 |
| Common Stock Repurchases | -$571M | -$751M | -$353M | -$914M | -$1.03B | -$727M | -$896M | -$654M | -$331M | -$459M | -$456M | -$158M | -$35M | -$8M | -$30M | -$45M | -$11M | -$160M | -$857M | -$854M | -$986M | -$943M | -$827M | -$198M | -$115.33M | -$259.45M | -$106.4M | -$90.1M | -$29.1M | $0 | $0 | -$61.7M | $0 | $0 | $0 | -$188.1M | -$109.8M |
| Dividends Paid | -$261M | -$254M | -$257M | -$258M | -$211M | -$145M | -$144M | -$134M | -$129M | -$128M | -$126M | -$117M | -$107M | -$107M | -$107M | -$108M | -$166M | -$336M | -$347M | -$349M | -$339M | -$302M | -$286M | -$268M | -$243.81M | -$218.68M | -$165M | -$145.3M | -$131.7M | -$123.5M | -$116.4M | -$109M | -$99M | -$92.7M | -$85.2M | -$81.1M | -$74.8M |
| Other Financing Activities | -$60M | -$73M | -$39M | -$85M | -$213M | -$27M | -$42M | -$131M | -$172M | -$30M | $11M | -$21M | -$38M | -$65M | -$18M | -$11M | $7M | -$102M | $19M | $18M | $0 | $55M | $0 | $1.37M | $0 | $0 | $11.5M | -$44.4M | -$225.3M | -$100K | $12.5M | $0 | -$100K | $0 | $100K | $0 | -$100K |
| Net Cash from Financing | -$888M | -$1B | -$854M | -$1.07B | -$1.3B | -$886M | -$1.29B | -$1.02B | -$577M | -$1.05B | -$410M | -$297M | -$382M | -$576M | -$219M | -$40M | -$197M | -$632M | -$2.01B | -$1.01B | -$885M | -$1.15B | -$1.62B | $767.37M | -$157.51M | $379.92M | $319.1M | $92.3M | -$123.8M | -$491.7M | -$156.1M | -$36.5M | -$230.5M | -$12.2M | -$51.5M | -$100.3M | -$23M |
| Forex Effect | $23M | -$8M | $6M | -$18M | -$20M | $31M | $14M | $4M | $55M | -$34M | -$15M | -$45M | -$3M | $17M | -$18M | -$14M | -$5M | -$46M | $47M | $18M | -$5M | $29M | $52M | $58.54M | $0 | $0 | -$100K | -$8.2M | -$91.4M | -$904.9M | -$180M | $22.3M | -$305.1M | $4.6M | -$62.5M | -$104.9M | $15.6M |
| Net Change in Cash | $13M | $0 | $182M | -$474M | -$400M | $629M | $138M | -$635M | $204M | -$478M | $85M | $160M | $183M | -$305M | -$59M | $302M | $385M | $106M | -$1.04B | -$6M | $670M | $499M | -$272M | $754.58M | $142.56M | -$61.35M | -$322.4M | $92.3M | -$123.8M | -$491.7M | -$156.1M | -$36.5M | -$230.5M | -$12.2M | -$51.5M | -$100.3M | -$23M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $1.02B | $1.07B | $1.41B | $840M | $930M | $953M | $833M | $1.03B | $751M | $726M | $699M | $602M | $645M | $281M | $239M | $465M | $705M | $797M | $1.27B | $1.21B | $1.37B | $1.45B | $1.42B | $1.22B | $966.64M | $733.84M | $490.6M | $419.1M | $405M | $340.1M | $322.5M | $311.2M | $260.9M | $203.6M | $250.8M | $204.7M | $223.8M |
| Capital Expenditure | -$156M | -$168M | -$243M | -$224M | -$128M | -$114M | -$162M | -$219M | -$173M | -$180M | -$158M | -$128M | -$126M | -$119M | -$151M | -$137M | -$125M | -$200M | -$248M | -$388M | -$282M | -$310M | -$271M | -$284.67M | -$274.43M | -$388.03M | -$1.15B | -$511.9M | -$354.3M | -$311.6M | -$165.1M | -$190.6M | -$166.5M | -$117.7M | -$113M | -$165.6M | -$163.7M |
| Free Cash Flow | $866M | $907M | $1.17B | $616M | $802M | $839M | $671M | $813M | $578M | $546M | $541M | $474M | $519M | $162M | $88M | $328M | $580M | $597M | $1.02B | $820M | $1.09B | $1.14B | $1.15B | $940.18M | $692.21M | $345.81M | -$655.3M | -$92.8M | $50.7M | $28.5M | $157.4M | $120.6M | $94.4M | $85.9M | $137.8M | $39.1M | $60.1M |
| Cash at Beginning | $634M | $634M | $452M | $926M | $1.33B | $697M | $559M | $1.19B | $990M | $1.47B | $1.38B | $1.22B | $1.04B | $1.66B | $1.72B | $1.41B | $1.03B | $922M | $1.96B | $1.96B | $1.29B | $757M | $1.07B | $311.99M | $169.43M | $230.78M | $553.2M | $441.3M | $473.7M | $60.5M | $36.5M | $120M | $45.4M | $62.1M | $51.1M | $46.5M | $85.1M |
| Cash at End | $647M | $634M | $634M | $452M | $926M | $1.33B | $697M | $559M | $1.19B | $990M | $1.47B | $1.38B | $1.22B | $1.35B | $1.66B | $1.72B | $1.41B | $1.03B | $922M | $1.96B | $1.96B | $1.26B | $795M | $1.07B | $311.99M | $169.43M | $230.8M | $533.6M | $349.9M | -$431.2M | -$119.6M | $83.5M | -$185.1M | $49.9M | -$400K | -$53.8M | $62.1M |