Matson, Inc. (MATX)
Matson, Inc. specializes in providing integrated ocean transportation and logistics solutions. Its Ocean Transportation segment offers crucial ocean freight services connecting the domestic non-contiguous economies of Hawaii, Alaska, and Guam, alongside other island nations within Micronesia. Their diverse cargo includes everything from refrigerated foodstuffs, packaged consumer goods, building materials, and automobiles to livestock, seafood, general sustenance, and a wide array of retail and e-commerce merchandise. Additionally, the company operates an expedited express service facilitating trade between China and Long Beach, California, extending its reach to various South Pacific islands and Okinawa, Japan. Beyond direct shipping, this segment manages comprehensive terminal operations, including container stevedoring, refrigerated cargo handling, inland transport, and container equipment maintenance across key locations in Hawaii (Oahu, Hawaii, Maui, and Kauai) and Alaska (Anchorage, Kodiak, and Dutch Harbor). They also offer vessel management and container transshipment services. Matson's Logistics division delivers a broad spectrum of multimodal transportation brokerage services. These encompass domestic and international rail intermodal, various highway trucking options (long-haul, regional, specialized, flat-bed, less-than-truckload, and expedited freight), less-than-container load consolidation, freight forwarding, warehousing, distribution, and comprehensive supply chain management, including non-vessel operating common carrier freight forwarding. Key clients include the U.S. military, freight forwarders, major retailers, consumer goods companies, and automobile manufacturers. Established in Honolulu, Hawaii, in 1882, the company was formerly known as Alexander & Baldwin Holdings, Inc. before adopting its current name, Matson, Inc., in June 2012.
Sector: Water Transportation
Industry: Marine Shipping
Matsons, Inc.
NYSE:MATXIndustrials · Marine Shipping
+0.51%$228.64
AH Close$228.64+0.00%vs close
AH Close$228.64+0.00%vs close
Mkt Cap$6.84B
Float29.28M
O/S29.9M
Inst Own87.8%
SI5.2%
Div Yield0.64%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.34B
Net Income$444.8M
Total Assets$4.76B
Free Cash Flow$153.7M
Debt & Equity
Debt 21%
Equity 79%
Total Debt$727.1M
Total Equity$2.76B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MATX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$4.76B
Liabilities$2B
Accounts Receivable$256.8M
Accounts Payable$244.9M
Inventory$0
PP&E (Net)$2.5B
Goodwill$327.8M
Intangible Assets$146.6M
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 | $3.34B | $3.42B | $3.09B | $4.34B | $3.93B | $2.38B | $2.2B | $2.22B | $2.05B | $1.94B | $1.88B | $1.71B | $1.64B | $1.56B | $1.72B | $1.65B | $1.41B | $1.9B | $1.68B | $1.61B | $1.6B | $1.49B | $1.22B | $1.09B | $1.19B | $1.07B | $959.27M | $1.31B | $1.28B | $1.23B | $1.02B | $1.21B | $962M | $730.9M | $720.7M | $722.8M | $619.9M | $664.5M | $631M | $504.4M |
| YoY Growth | -2.3% | 10.6% | -28.7% | 10.6% | 64.7% | 8.2% | -0.9% | 8.6% | 5.4% | 3.0% | 10.0% | 4.7% | 4.9% | -9.4% | 4.6% | 17.2% | -26.0% | 12.9% | 4.6% | 0.2% | 7.7% | 22.1% | 12.0% | -8.5% | 11.4% | 11.4% | -26.9% | 2.8% | 3.5% | 20.8% | -15.5% | 25.6% | 31.6% | 1.4% | -0.3% | 16.6% | -6.7% | 5.3% | 25.1% | - |
| Cost of Revenue | $2.58B | $2.57B | $2.47B | $2.81B | $2.56B | $1.9B | $1.88B | $1.88B | $1.72B | $1.62B | $1.51B | $1.43B | $1.4B | $1.34B | $1.45B | $1.38B | $1.21B | $1.58B | $1.35B | $1.31B | $1.28B | $1.2B | $977M | $899M | $856.51M | $833.41M | $784.92M | $1.08B | $1.01B | $981.12M | $822.11M | $939.77M | $635.4M | $448.1M | $429.5M | $418.4M | $382.3M | $382.3M | $370.2M | $305.7M |
| Gross Profit | $761.4M | $855.9M | $623.9M | $1.53B | $1.37B | $479M | $325.1M | $347.8M | $325.9M | $322.5M | $374.8M | $280.7M | $234.9M | $221.9M | $1.66B | $284M | $198.8M | $330M | $331M | $294M | $323M | $293M | $242.2M | $189.88M | $333.56M | $235.24M | $174.35M | $227.78M | $263.73M | $251.45M | $198.34M | $268.4M | $326.6M | $282.8M | $291.2M | $304.4M | $237.6M | $282.2M | $260.8M | $198.7M |
| Gross Margin | 22.8% | 25.0% | 20.2% | 35.3% | 34.8% | 20.1% | 14.8% | 15.6% | 15.9% | 16.6% | 19.9% | 16.4% | 14.3% | 14.2% | 96.1% | 17.3% | 14.1% | 17.4% | 19.7% | 18.3% | 20.1% | 19.7% | 19.9% | 17.4% | 28.0% | 22.0% | 18.2% | 17.4% | 20.7% | 20.4% | 19.4% | 22.2% | 34.0% | 38.7% | 40.4% | 42.1% | 38.3% | 42.5% | 41.3% | 39.4% |
| 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 | $294.1M | $303.6M | $283.3M | $261M | $236.5M | $225M | $216.8M | $220.8M | $208.5M | $185.1M | $195M | $147.3M | $132.6M | $119.8M | $154M | $158M | $154M | $163M | $165M | $146M | $140M | $128M | $124M | $106.82M | $99.1M | $88.27M | $92.3M | $107.72M | $107.58M | $113.33M | $112.96M | $118.5M | $104.3M | $88M | $84.7M | $77M | $77.2M | $65.4M | $59.6M | $61.9M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28.6M | $0 | $15.41M | $39.97M | $0 | -$484K | -$3.94M | -$3.73M | $97.8M | $85.4M | $76.7M | $64M | $54M | $47.5M | $41.1M | $42M |
| Total Operating Expenses | $294.1M | $303.6M | $283.3M | $261M | $236.5M | $225M | $216.8M | $220.8M | $206.8M | $185.1M | $162.7M | $147.3M | $122.65M | $119.8M | $154M | $158M | $154M | $163M | $165M | $146M | $140M | $128M | $124M | $106.82M | $127.7M | $88.27M | $101.76M | $107.69M | $107.58M | $112.85M | $109.03M | $123.74M | $202.1M | $173.4M | $161.4M | $141M | $131.2M | $112.9M | $100.7M | $103.9M |
| Operating Income (EBIT) | $467.3M | $552.3M | $340.6M | $1.27B | $1.13B | $254M | $108.3M | $127M | $119.1M | $138.8M | $214.2M | $133.4M | $112.25M | $102.1M | $114M | $109M | $42M | $159M | $166M | $148M | $185M | $163M | $121M | $79.91M | $205.86M | $146.97M | $113.31M | $80.09M | $156.15M | $138.6M | $89.32M | $128.06M | $144.55M | $109.4M | $129.8M | $163.4M | $106.4M | $169.3M | $160.1M | $94.8M |
| Operating Margin | 14.0% | 16.1% | 11.0% | 29.3% | 28.8% | 10.7% | 4.9% | 5.7% | 5.8% | 7.1% | 11.4% | 7.8% | 6.9% | 6.5% | 6.6% | 6.6% | 3.0% | 8.4% | 9.9% | 9.2% | 11.5% | 10.9% | 9.9% | 7.3% | 17.3% | 13.8% | 11.8% | 6.1% | 12.2% | 11.2% | 8.8% | 10.6% | 15.0% | 15.0% | 18.0% | 22.6% | 17.2% | 25.5% | 25.4% | 18.8% |
| Interest Expense | $17M | $7.5M | $12.2M | $18M | $22.6M | $27.4M | $22.5M | $18.7M | $24.2M | $24.1M | $18.5M | $17.3M | $14.4M | $11.7M | $7.7M | $8.2M | $25M | $24M | $19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $31.7M | $48.3M | $36M | $8.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1M | $3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $66.5M | $47.1M | $32.4M | $81.8M | $40.1M | $5M | -$500K | $20.7M | $6.1M | -$8.3M | -$36.4M | -$10.7M | -$26.35M | -$17.1M | -$27M | -$12M | -$22M | -$8M | $8M | $5M | -$2M | -$6M | -$15.7M | -$11.68M | -$28.56M | -$32.17M | -$17.77M | -$24.8M | -$28.94M | -$34.56M | -$37.37M | -$31.43M | -$31.38M | -$25.2M | $3.2M | $3M | $199.5M | $9.9M | $3.2M | $16.3M |
| Income Before Tax (EBT) | $533.8M | $599.4M | $373M | $1.35B | $1.17B | $259M | $107.8M | $147.7M | $125.2M | $130.5M | $177.8M | $122.7M | $85.9M | $85M | $87.2M | $117.2M | $19.5M | $151M | $174M | $153M | $183M | $155.2M | $105.3M | $68.23M | $177.3M | $114.8M | $95.54M | $55.3M | $127.21M | $104.03M | $51.95M | $96.63M | $113.17M | $84.2M | $133M | $166.4M | $305.9M | $179.2M | $163.3M | $111.1M |
| Income Tax Expense | $89M | $123M | $75.9M | $288.4M | $243.9M | $65.9M | $25.1M | $38.7M | -$105.8M | $49.1M | $74.8M | $51.9M | $32.2M | $33M | $32.3M | $38M | $8M | $55M | $66M | $57M | $69M | $58.9M | $38.7M | $21.73M | $63.7M | $41.6M | $32.96M | $24.35M | $45.83M | $38.75M | $19.54M | $32.65M | $46.18M | $23.7M | $40.6M | $51.2M | $103.2M | $44.1M | $42.9M | $18.7M |
| Net Income | $444.8M | $476.4M | $297.1M | $1.06B | $927.4M | $193.1M | $82.7M | $109M | $231M | $81.4M | $103M | $70.8M | $53.7M | $45.9M | $34.2M | $92M | $44M | $132M | $142M | $122M | $126M | $101M | $81M | $58M | $110.63M | $90.57M | $62.58M | $25.14M | $81.39M | $65.28M | $55.76M | $74.61M | $66.99M | $18.9M | $92.4M | $115.2M | $202.7M | $135.1M | $120.4M | $92.4M |
| Net Income Margin | 13.3% | 13.9% | 9.6% | 24.5% | 23.6% | 8.1% | 3.8% | 4.9% | 11.3% | 4.2% | 5.5% | 4.1% | 3.3% | 2.9% | 2.0% | 5.6% | 3.1% | 7.0% | 8.4% | 7.6% | 7.9% | 6.8% | 6.6% | 5.3% | 9.3% | 8.5% | 6.5% | 1.9% | 6.4% | 5.3% | 5.5% | 6.2% | 7.0% | 2.6% | 12.8% | 15.9% | 32.7% | 20.3% | 19.1% | 18.3% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 14.04 | 14.14 | 8.42 | 27.28 | 21.67 | 4.48 | 1.93 | 2.55 | 5.41 | 1.87 | 2.37 | 1.65 | 1.26 | 1.09 | 0.82 | 2.23 | 1.08 | 3.21 | 3.34 | 2.84 | 2.89 | 2.37 | 1.95 | 1.42 | 2.73 | 2.21 | 1.45 | 0.56 | 1.80 | 1.44 | 1.23 | 1.62 | 1.45 | 0.41 | 1.92 | 2.34 | 4.31 | 2.35 | 2.30 | 1.65 |
| Diluted EPS | 13.87 | 13.93 | 8.32 | 27.07 | 21.47 | 4.44 | 1.91 | 2.53 | 5.37 | 1.85 | 2.34 | 1.63 | 1.25 | 1.08 | 0.81 | 2.22 | 1.08 | 3.19 | 3.30 | 2.81 | 2.86 | 2.33 | 1.94 | 1.41 | 2.72 | 2.21 | 1.45 | 0.56 | 1.80 | 1.44 | 1.23 | 1.62 | 1.45 | 0.41 | 1.92 | 2.34 | 4.31 | 2.35 | 2.30 | 1.65 |
| Weighted Average OS | 30.80M | 33.70M | 35.30M | 39.00M | 42.80M | 43.10M | 42.80M | 42.70M | 42.90M | 43.10M | 43.50M | 43.00M | 42.70M | 42.30M | 41.60M | 41.20M | 41.00M | 41.20M | 42.50M | 43.20M | 43.60M | 42.60M | 42.20M | 40.85M | 40.50M | 40.98M | 43.21M | 44.76M | 45.18M | 45.30M | 45.49M | 46.06M | 46.34M | 46.10M | 48.13M | 49.23M | 47.03M | 57.49M | 52.35M | 56.00M |
| EBITDA | $850.7M | $893.7M | $669.4M | $1.66B | $1.43B | $476.1M | $290M | $260.8M | $250.6M | $248M | $279.7M | $209.7M | $170M | $169.2M | $221M | $230M | $150M | $276M | $286M | $253M | $280M | $250M | $210M | $150.63M | $281.3M | $219.27M | $202.63M | $188.35M | $244.71M | $227.55M | $174.45M | $212.09M | $242.3M | $188.3M | $170.5M | $192.2M | $160.4M | $216.8M | $201.2M | $136.8M |
| EBITDA Margin | 25.4% | 26.1% | 21.6% | 38.3% | 36.5% | 20.0% | 13.2% | 11.7% | 12.2% | 12.8% | 14.8% | 12.2% | 10.4% | 10.8% | 12.8% | 14.0% | 10.7% | 14.5% | 17.0% | 15.7% | 17.5% | 16.8% | 17.2% | 13.8% | 23.6% | 20.5% | 21.1% | 14.4% | 19.2% | 18.5% | 17.1% | 17.6% | 25.2% | 25.8% | 23.7% | 26.6% | 25.9% | 32.6% | 31.9% | 27.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | 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 | $141.9M | $266.8M | $134M | $253.7M | $287.7M | $14.4M | $21.2M | $19.6M | $19.8M | $13.9M | $25.5M | $293.4M | $114.5M | $19.9M | $13M | $14M | $16M | $19M | $17M | $45M | $57M | $42M | $6M | $558K | $19.29M | $3.45M | $3.33M | $86.82M | $21.62M | $23.82M | $32.15M | $8.99M | $32.69M | $21.1M | $18.9M | $47.5M | $23.6M | $22.8M | $26.7M | $34.5M |
| 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 | $442K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $570K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $141.9M | $266.8M | $134M | $253.7M | $287.7M | $14.4M | $21.2M | $19.6M | $19.8M | $13.9M | $25.5M | $293.4M | $114.5M | $19.9M | $22M | $14M | $16M | $19M | $17M | $45M | $57M | $42M | $6M | $1M | $19.29M | $3.45M | $3.33M | $86.82M | $21.62M | $23.82M | $32.15M | $9.56M | $32.69M | $21.1M | $18.9M | $47.5M | $23.6M | $22.8M | $26.7M | $34.5M |
| Accounts Receivable | $256.8M | $290M | $423.9M | $439.3M | $366.8M | $253.7M | $218.7M | $250.5M | $197.2M | $212.9M | $229.4M | $197.6M | $182.3M | $174.7M | $173M | $166M | $173M | $186M | $185M | $183M | $177M | $181M | $160M | $156M | $130.49M | $141.55M | $136.64M | $129.81M | $176.16M | $167.76M | $165.25M | $129.16M | $135.88M | $91.5M | $91.3M | $105.7M | $77.7M | $81.3M | $64.8M | $75M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.3M | $40M | $35M | $43M | $28M | $21M | $19M | $18M | $15M | $16M | $15M | $16.28M | $17.14M | $15.93M | $19.77M | $69.21M | $102.72M | $86.11M | $90.68M | $91.16M | $20.8M | $19.8M | $19.7M | $17.7M | $20.3M | $29.9M | $27.9M |
| Other Current Assets | $25.2M | $12.8M | $13.7M | $40.3M | $27.4M | $19.5M | $16.9M | $32M | $34.6M | $35.9M | $8.8M | $19M | $9.1M | $35.2M | $40M | $49M | $75M | $20M | $161M | $38M | $26M | $30M | $45M | $44.81M | $40.91M | $27.99M | $25.81M | $8.99M | $11.97M | $33.44M | $28.76M | $18.83M | $13.33M | $28.8M | $14.4M | -$2.5M | $8.4M | $6.2M | $9.5M | $6.2M |
| Total Current Assets | $471.9M | $609.6M | $602.3M | $759.6M | $704.5M | $305.9M | $289.6M | $318.4M | $266M | $274.2M | $277.9M | $519.5M | $348.9M | $234.1M | $275M | $264M | $307M | $284M | $421M | $285M | $303M | $288M | $247M | $234M | $220.01M | $208.87M | $202.45M | $254.79M | $288.94M | $344.36M | $307.19M | $261.72M | $285M | $162.2M | $144.4M | $170.4M | $127.4M | $130.6M | $130.9M | $143.6M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $2.5B | $2.62B | $2.38B | $2.36B | $2.31B | $1.94B | $1.85B | $1.37B | $1.17B | $949.2M | $860.3M | $691.2M | $735.4M | $762.5M | $1.63B | $1.65B | $1.54B | $1.59B | $1.68B | $1.65B | $1.36B | $1.22B | $1.16B | $984.62M | $1.02B | $1.02B | $989.44M | $1.01B | $1.1B | $1.13B | $1.03B | $1.35B | $1.33B | $1.17B | $1.07B | $905.7M | $711.9M | $548.1M | $520.1M | $489.1M |
| Goodwill | $327.8M | $327.8M | $327.8M | $327.8M | $327.8M | $327.8M | $327.8M | $327.8M | $327.8M | $323.7M | $241.6M | $27.4M | $27.4M | $27M | $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 |
| Intangible Assets | $146.6M | $159.4M | $176.4M | $174.9M | $181.1M | $192M | $202.9M | $214M | $225.2M | $236.6M | $139.1M | $2.5M | $3.8M | $3.9M | $6.7M | $166M | $173M | $163M | $0 | $183M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $628.9M | $84.1M | $85.5M | $81.2M | $58.7M | $48.7M | $76.2M | $115.5M | $144.3M | $113.6M | $66.4M | $64.4M | $57.6M | $59.6M | $490M | $451M | $330M | $286M | $184M | $297M | $154M | $111M | $68M | $32.92M | $33.02M | $183.14M | $158.73M | $159.07M | $102.81M | $91.6M | $82.25M | $64.91M | $17.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $124.4M | $0 | $0 | $0 | $0 | $0 | $0 | $76.2M | $80.6M | $164.2M | $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 |
| Other Long-Term Assets | $561M | $795.9M | $723.1M | $627.1M | $108.1M | $84.9M | $94.7M | $88.1M | $122.6M | $118.2M | $84.5M | $96.8M | $75.2M | $114.2M | $103M | $81M | $161M | $146M | $193M | $157M | $254M | $164M | $289M | $346.35M | $266.5M | $256.68M | $210.85M | $184.37M | $208.47M | $231.46M | $363.7M | $243.41M | $283.05M | $350M | $337.8M | $295.1M | $300.1M | $391.8M | $330.7M | $301.3M |
| Total Long-Term Assets | $4.29B | $3.99B | $3.69B | $3.57B | $2.99B | $2.59B | $2.56B | $2.19B | $2.07B | $1.91B | $1.39B | $882.3M | $899.4M | $940.2M | $2.27B | $2.23B | $2.07B | $2.07B | $2.06B | $1.97B | $1.77B | $1.49B | $1.51B | $1.36B | $1.32B | $1.46B | $1.36B | $1.35B | $1.42B | $1.46B | $1.48B | $1.66B | $1.63B | $1.52B | $1.41B | $1.2B | $1.01B | $939.9M | $850.8M | $790.4M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$300K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$44.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $4.76B | $4.6B | $4.29B | $4.33B | $3.69B | $2.9B | $2.85B | $2.51B | $2.33B | $2.18B | $1.67B | $1.4B | $1.25B | $1.17B | $2.54B | $2.5B | $2.38B | $2.35B | $2.48B | $2.25B | $2.07B | $1.78B | $1.76B | $1.55B | $1.54B | $1.67B | $1.56B | $1.61B | $1.7B | $1.8B | $1.78B | $1.93B | $1.91B | $1.69B | $1.55B | $1.37B | $1.14B | $1.07B | $981.7M | $934M |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $244.9M | $268.5M | $277.9M | $255.6M | $308.4M | $283.1M | $235.7M | $246.8M | $175.1M | $170.5M | $164.9M | $133.2M | $124M | $125.8M | $135.5M | $137M | $132M | $105M | $156M | $136M | $134M | $115M | $95M | $81M | $78.91M | $63.08M | $55.66M | $37.78M | $46.84M | $50.5M | $49.39M | $35.51M | $39.17M | $39.1M | $39.6M | $43.8M | $25.8M | $0 | $0 | $0 |
| Short-Term Debt | $39.7M | $39.7M | $39.7M | $76.9M | $65M | $59.2M | $48.4M | $42.1M | $30.8M | $31.8M | $22M | $21.6M | $12.5M | $16.4M | $52M | $136M | $65M | $52M | $57M | $41M | $31M | $31M | $15M | $9.64M | $19.9M | $30.5M | $22.5M | $87.53M | $41.45M | $93.97M | $107.79M | $85.24M | $77.09M | $20.4M | $16.7M | $17.1M | $11.8M | $8.1M | $4.6M | $3.4M |
| Current Income Tax Payable | $0 | $8.6M | $1.6M | $2.2M | $3.1M | $11.7M | $2.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12M | $6M | $1M | $4.1M | $42.9M | $3.46M | $4.41M | $4.1M | $4.55M | $5.45M | $6.1M | $5.39M | $8.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $5.7M | $5.5M | $6.4M | $0 | $0 | $4.2M | $6.9M | $5.7M | $5M | $2.9M | $3.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.51M | $18.48M | $1.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $66.4M | $73M | $61.7M | $68.6M | $62.5M | $51.7M | $43.4M | $31M | $33.3M | $40.4M | $63.3M | $51.4M | $15.1M | $35.2M | $50M | $60M | $82M | $62M | $31M | $59M | $35M | $35M | $30M | $33.93M | $30.07M | $29.68M | $29.44M | $28.33M | $35.83M | $48.34M | $39.18M | $44.61M | $44.67M | $56.8M | $62.1M | $57.8M | $55.3M | $86.5M | $84.1M | $72.7M |
| Total Current Liabilities | $527.4M | $560.4M | $562.3M | $581.6M | $612.4M | $511.5M | $436.7M | $370.8M | $286.3M | $277.6M | $297.6M | $223.5M | $200.6M | $193.4M | $278M | $353M | $297M | $238M | $322M | $257M | $254M | $235M | $183M | $152M | $195.57M | $153.01M | $142.65M | $187.68M | $174.13M | $242.93M | $241.27M | $204.83M | $212.3M | $116.3M | $118.4M | $118.7M | $92.9M | $94.6M | $88.7M | $76.1M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $312.1M | $350.8M | $389.3M | $427.7M | $549.7M | $685.6M | $910M | $814.3M | $826.3M | $707.1M | $404.8M | $350.7M | $273.6M | $302.7M | $507M | $386M | $406M | $452M | $452M | $401M | $296M | $214M | $330M | $247.79M | $207.38M | $331M | $277.57M | $255.77M | $290.88M | $345.62M | $380.39M | $519.61M | $582.47M | $673.8M | $527M | $406.7M | $296M | $278.3M | $281.7M | $187.5M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $326.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $85.28M | $85.83M | $89.5M | $0 | $0 | $0 | $0 | $0 | $5.51M | -$19K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $826.3M | $693.4M | $669.3M | $646.5M | $425.2M | $389.6M | $337.6M | $388.9M | $364.2M | $528M | $310.5M | $308.4M | $0 | $251.9M | $418M | $431M | $428M | $414M | $0 | $442M | $415M | $339M | $356M | $337.8M | $338.71M | $387.14M | $358.35M | $353.03M | $359.75M | $350.91M | $330.38M | $349.96M | $298.45M | $281.6M | $133.6M | $121.2M | $103M | $61.1M | $77.1M | $74.5M |
| Other Long-Term Liabilities | $88.4M | $109.3M | $113.7M | $114.8M | $131M | $165.8M | $157.4M | $177.3M | $178.2M | $172.1M | $203.2M | $154.1M | $109.8M | $146.4M | $218M | $189M | $164M | $174M | $575M | $124M | $92M | $86.2M | $80M | $51.96M | $6.21M | $11.65M | $111.93M | $114.52M | $158.44M | $164.79M | $175.33M | $190.5M | $187.68M | $55.1M | $41.1M | $41.7M | $42.4M | $37.2M | $41.5M | $36.2M |
| Total Long-Term Liabilities | $1.47B | $1.38B | $1.33B | $1.45B | $1.41B | $1.43B | $1.6B | $1.38B | $1.37B | $1.41B | $921.6M | $814.5M | $709.5M | $701M | $1.14B | $1.01B | $998M | $1.04B | $1.03B | $967M | $803M | $639.2M | $766M | $722.83M | $638.13M | $819.29M | $747.85M | $723.32M | $811.08M | $873.36M | $910.29M | $1.1B | $1.11B | $1.01B | $701.7M | $569.6M | $441.4M | $376.6M | $400.3M | $298.2M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$200K | $0 | -$913K | $52K | $61K | $0 | $0 | $0 | $0 | -$18.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2B | $1.94B | $1.89B | $2.03B | $2.03B | $1.94B | $2.04B | $1.75B | $1.66B | $1.68B | $1.22B | $1.04B | $910.1M | $894.4M | $1.42B | $1.36B | $1.29B | $1.28B | $1.35B | $1.22B | $1.06B | $874M | $949M | $873.92M | $833.75M | $972.36M | $890.5M | $911M | $985.21M | $1.12B | $1.13B | $1.3B | $1.33B | $1.13B | $820.1M | $688.3M | $534.3M | $471.2M | $489M | $374.3M |
| 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 | $22.8M | $24.7M | $25.8M | $27.2M | $30.7M | $32.4M | $32.2M | $32M | $31.9M | $32.1M | $32.6M | $32.4M | $32.1M | $31.9M | $34M | $34M | $33M | $33M | $34M | $35M | $36M | $35M | $35M | $34M | $33.33M | $33.25M | $34.93M | $36.1M | $36.77M | $37.15M | $37.13M | $37.49M | $38.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $2.44B | $2.34B | $2.09B | $1.99B | $1.35B | $658.1M | $504.2M | $460M | $380.5M | $196.6M | $177M | $109.8M | $67.7M | $40.8M | $953M | $972M | $934M | $942M | $911M | $843M | $827M | $741M | $684M | $644M | $622.62M | $552.64M | $545.85M | $555.82M | $591.13M | $568.97M | $546.39M | $541.91M | $525.2M | $499.2M | $679.9M | $628.7M | $553.5M | $558.4M | $459.2M | $521.9M |
| Comprehensive Income & Other | $1.6M | -$6.5M | -$8.2M | -$6.9M | -$30.9M | -$50.8M | -$36.9M | -$34.5M | -$24.9M | -$22.5M | -$46.9M | -$53.3M | -$23.5M | -$45.5M | -$92M | -$82M | -$81M | -$96M | -$4M | -$19M | -$7M | -$9M | -$8M | -$26.82M | $0 | $61.94M | $49.46M | $63.33M | $55.14M | $48.2M | $39.83M | $29.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $296.8M | $290.2M | $285.2M | $283.5M | $283.2M | $270.7M | $269.3M | $263.3M | $264.8M | $266.2M | $241M | $221.6M | $238.4M | $207.2M | $136M | $130M | $118M | $97M | $185M | $149M | $151M | $128M | $92M | $45.6M | $54.72M | $107.81M | $90.18M | $102.72M | $91.68M | $78.21M | $66.15M | $53.21M | $23.77M | $59.9M | $55M | $54.2M | $51.6M | $40.9M | $33.5M | $37.8M |
| Total Equity | $2.76B | $2.65B | $2.4B | $2.3B | $1.67B | $961.2M | $805.7M | $755.3M | $677.2M | $494.9M | $450.6M | $363.8M | $338.2M | $279.9M | $1.12B | $1.14B | $1.08B | $1.07B | $1.13B | $1.03B | $1.01B | $904M | $811M | $723.6M | $710.67M | $693.7M | $670.96M | $694.64M | $719.59M | $684.33M | $649.68M | $632.61M | $587M | $559.1M | $734.9M | $682.9M | $605.1M | $599.3M | $492.7M | $559.7M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.76B | $4.6B | $4.29B | $4.33B | $3.69B | $2.9B | $2.85B | $2.51B | $2.33B | $2.18B | $1.67B | $1.4B | $1.25B | $1.17B | $2.54B | $2.5B | $2.38B | $2.35B | $2.48B | $2.25B | $2.07B | $1.78B | $1.76B | $1.6B | $1.54B | $1.67B | $1.56B | $1.61B | $1.7B | $1.8B | $1.78B | $1.93B | $1.91B | $1.69B | $1.55B | $1.37B | $1.14B | $1.07B | $981.7M | $934M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $727.1M | $749M | $725M | $910.7M | $1.06B | $1B | $1.22B | $856.4M | $857.1M | $738.9M | $429.9M | $373.6M | $286.1M | $319.1M | $507M | $522M | $471M | $504M | $509M | $442M | $327M | $245M | $345M | $257.43M | $227.28M | $361.27M | $300.07M | $343.3M | $344.37M | $463.74M | $523.43M | $648.06M | $713.79M | $694.2M | $543.7M | $423.8M | $307.8M | $286.4M | $286.3M | $190.9M |
| Net Debt | $585.2M | $482.2M | $591M | $657M | $772M | $989.7M | $1.2B | $836.8M | $837.3M | $725M | $404.4M | $80.2M | $171.6M | $299.2M | $546M | $508M | $455M | $485M | $492M | $397M | $270M | $203M | $339M | $256.87M | $207.99M | $357.81M | $296.74M | $256.48M | $322.75M | $439.92M | $491.28M | $639.07M | $681.1M | $673.1M | $524.8M | $376.3M | $284.2M | $263.6M | $259.6M | $156.4M |
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 | $444.8M | $476.4M | $297.1M | $1.06B | $927.4M | $193.1M | $82.7M | $109M | $231M | $81.4M | $103M | $70.8M | $53.7M | $52M | $34M | $59M | $44M | $132M | $142M | $122M | $126M | $98M | $81M | $58.16M | $110.63M | $78.32M | $62.6M | $25.14M | $81.39M | $65.28M | $32.42M | $63.98M | $66.99M | $60.5M | $92.4M | $115.2M | $202.7M |
| Depreciation & Amortization | $299.9M | $286.8M | $284.2M | $292.2M | $239.2M | $189.7M | $159.7M | $94.4M | $101.2M | $97.1M | $83.4M | $69.7M | $69.7M | $72.5M | $109M | $107M | $105M | $101M | $93M | $85M | $84M | $80M | -$73M | -$71M | -$75.43M | -$72.3M | $73.9M | $88.5M | $88.56M | $88.95M | $85.13M | $84.04M | $97.75M | -$85.4M | -$76.7M | -$64M | -$54M |
| Deferred Income Tax | $8.2M | $20.9M | $19.6M | $90.2M | $33.2M | $52.1M | $23.6M | $29.3M | -$127.9M | $39.7M | $52.4M | $2.7M | $57.5M | -$8.8M | -$5M | $5M | $1M | $19M | $26M | $40M | $68M | -$11M | $3M | $10M | -$7.39M | $17.36M | $8.46M | -$8.25M | $13.17M | $10.42M | $42.97M | $1.41M | $30.7M | $13.3M | $9.4M | $18.1M | $28M |
| Stock-Based Compensation | $0 | $26.5M | $23.8M | $18.3M | $19.3M | $18.8M | $11.3M | $12.1M | $11.1M | $11.2M | $12.2M | $8.7M | $5.9M | $4M | $2.7M | $8M | $9M | $11M | $17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | $12.3M | $9.8M | -$10.9M | $74.6M | -$90.3M | -$48M | $17.8M | -$29.1M | -$5.1M | $14.4M | $13.5M | -$15.3M | -$7.6M | -$7M | -$17M | $8M | -$21M | $27M | -$9M | $5M | $5M | -$21M | $3M | -$23.38M | $2.25M | -$4.16M | -$6M | $7.9M | -$5.5M | -$5.2M | -$14.4M | $1.25M | -$7.3M | -$200K | $13.8M | -$19.2M | -$8.5M |
| Inventory | $0 | $0 | $0 | $0 | $0 | -$60.9M | $0 | -$3.4M | $10.3M | $0 | $0 | $22.9M | $1.3M | $10.4M | -$6M | $6M | -$6M | -$6M | -$3M | -$1M | -$4M | $1M | -$1M | $1.33M | $857K | -$1.22M | -$1.33M | $4.61M | $24.28M | -$16.62M | $2.64M | $1.1M | $14.5M | -$1M | -$1.2M | -$2M | -$1.1M |
| Accounts Payable | -$33.8M | -$5.6M | $10.9M | -$31.7M | $39.6M | $44.8M | -$13.9M | $64.5M | $20.4M | $2.1M | -$9.4M | $13.5M | $2.2M | -$7.9M | $14M | $9M | $20M | -$37M | $19M | -$28M | $39M | $26M | $7M | -$24.79M | $62.2M | $9.3M | $10.4M | $5.3M | -$700K | $7.1M | -$3.9M | -$7.86M | -$5M | -$500K | -$6.8M | $12.6M | $7.3M |
| Other Working Capital | -$184.2M | -$19.2M | -$88M | -$174.7M | -$137.8M | $25.1M | -$10.9M | $44.1M | $46.2M | -$900K | $17.2M | $21.1M | $22M | $23.3M | -$14M | -$9M | $21M | -$29M | $1M | -$14M | -$6M | $18M | $9M | -$25.16M | -$16.09M | -$23.87M | -$21.94M | -$29.99M | $1.35M | $16.59M | $40.34M | $12.07M | -$4.4M | -$23.5M | -$13.5M | $800K | $7.4M |
| Total Working Capital Change | -$205.7M | -$15M | -$88M | -$131.8M | -$188.5M | -$39M | -$7M | $76.1M | $71.8M | $15.6M | $21.3M | $42.2M | $17.9M | $18.8M | -$23M | $14M | $14M | -$45M | $8M | -$38M | $34M | $24M | $18M | -$72M | $49.22M | -$19.94M | -$18.87M | -$12.19M | $19.42M | $1.88M | $24.68M | $6.56M | -$2.2M | -$25.2M | -$7.7M | -$7.8M | $5.1M |
| Other Non-Cash Items | -$2.2M | -$27.8M | -$26.2M | -$60.9M | -$46.5M | $15.1M | -$21.5M | -$15.9M | -$62.3M | -$87.2M | -$27M | -$28.4M | -$9M | -$74.4M | -$31.7M | -$43M | -$58M | $57M | -$162M | -$103M | -$34M | -$18M | $107M | $130.84M | $73.94M | $100.84M | -$16.72M | $42.07M | -$20.67M | -$33.53M | -$113.53M | $30.77M | -$339K | $194.3M | $154.2M | $73.7M | -$84.4M |
| Net Cash from Operating | $545M | $767.8M | $510.5M | $1.27B | $984.1M | $429.8M | $248.8M | $305M | $224.9M | $157.8M | $245.3M | $165.7M | $195.7M | $64.1M | $86M | $150M | $115M | $275M | $124M | $106M | $278M | $173M | $136M | $56M | $150.97M | $104.28M | $109.38M | $135.27M | $181.87M | $133M | $71.66M | $186.76M | $192.9M | $157.5M | $171.6M | $135.2M | $97.4M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$393.4M | -$310.9M | -$248.4M | -$1.8M | -$325.3M | -$192.3M | -$310.3M | -$401.2M | -$307.2M | -$179.4M | -$67.8M | -$27.9M | -$35.2M | -$38.1M | -$67M | -$95M | -$31M | -$109M | -$122M | -$281M | -$231M | -$151M | -$214M | -$44.61M | -$99.18M | -$84.2M | -$82.17M | -$131.54M | -$49.2M | -$198.62M | -$462.05M | -$85.22M | -$152.5M | -$203.5M | -$279.5M | -$196.2M | -$98.9M |
| Acquisitions | $9.1M | $5.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$112.6M | -$29M | $0 | -$9.3M | $0 | $0 | $0 | $10M | -$27M | $0 | $0 | $0 | $0 | $0 | $20.56M | $0 | $0 | $3.7M | $14.94M | $700K | $10.9M | $332.44M | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$118.6M | -$120.7M | -$128.5M | -$582.8M | -$31.2M | -$132.4M | -$96.2M | -$340M | -$171.4M | -$123.4M | -$77.9M | $0 | -$4.4M | -$4.4M | -$28M | -$102M | -$52M | -$67M | -$43M | -$106M | -$251M | -$41M | -$17M | -$58.16M | -$13.77M | -$12.22M | -$25.17M | -$17.75M | -$12.48M | -$11.48M | -$138M | -$8.93M | -$1.1M | $0 | $0 | $0 | -$1M |
| Sales of Investments | $237.3M | $89.6M | $49.9M | $64.6M | $31.2M | $132.4M | $96.2M | $344.6M | $201.7M | $92.2M | $105.4M | $0 | $4.4M | $0 | $4.4M | $13M | $10M | $27M | $32M | $202M | $152M | $149M | $53M | $52.11M | $4.22M | $9.47M | $11.46M | $14.38M | $50M | $146.68M | $999K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$11.2M | -$209.3M | $1.9M | $15.3M | $3.4M | $136.3M | $0 | $2.5M | $5.5M | -$22.6M | $4.5M | $17.4M | $19.6M | $34M | $32M | $27M | -$12M | $61M | $25M | $22M | $4M | -$53.66M | $141.91M | $3.88M | $3.69M | $108.46M | $728K | $10.9M | $393.46M | $1.73M | $35.94M | -$2.4M | -$7.2M | $20.8M | $218.7M |
| Net Cash from Investing | -$265.6M | -$336.1M | -$338.2M | -$729.3M | -$323.4M | -$177M | -$306.9M | -$260.3M | -$276.9M | -$320.7M | -$63.8M | -$50.5M | -$40M | -$25.1M | -$71M | -$150M | -$31M | -$149M | -$145M | -$124M | -$305M | -$21M | -$174M | -$83.77M | $33.17M | -$83.08M | -$88.5M | -$11.51M | -$10.25M | -$41.62M | $126.85M | -$92.42M | -$117.66M | -$205.9M | -$286.7M | -$175.4M | $118.8M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | $39.7M | $39.7M | $76.9M | $111.5M | $59.3M | -$109M | $42.1M | $30.7M | $31.8M | -$170.9M | -$53M | -$87.5M | $25.6M | -$121.6M | -$33.3M | $28.4M | $47M | $11M | -$51M | -$217M | -$104M | $102M | -$60M | -$30M | $134.1M | -$61M | -$8.97M | $38.98M | $74.58M | $38.89M | $149.76M | $53.31M | $23.15M | -$90.4M | -$127M | -$103.1M | $12.3M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $100K | $300K | $700K | $1.9M | $1.2M | $2.2M | $5.8M | $1.7M | $25.2M | $10M | $7M | -$1M | $2M | $8M | $5M | $11M | $26M | $20M | $16M | $4.56M | $2.96M | $101K | $1.57M | $2.13M | $1.29M | $468K | $122K | $288K | $900K | $200K | $600K | $3.2M |
| Common Stock Repurchases | -$303.3M | -$199.1M | -$155.2M | -$397M | -$198.3M | $0 | $0 | $0 | -$19.3M | -$38M | -$4.9M | $0 | $0 | $0 | $0 | $0 | $0 | -$59M | -$33M | -$72M | $0 | -$2M | $0 | $0 | -$2.27M | -$48.26M | -$34.82M | -$20.84M | -$16.59M | -$1.25M | -$11.58M | -$17.72M | $0 | $0 | $0 | $0 | -$169.3M |
| Dividends Paid | -$44.9M | -$44.8M | -$45M | -$48M | -$45.9M | -$39.2M | -$37.2M | -$35.4M | -$33.8M | -$32.2M | -$30.8M | -$28.7M | -$26.8M | -$39.5M | -$53M | -$52M | -$52M | -$51M | -$48M | -$42M | -$39M | -$38M | -$37M | -$37M | -$36.49M | -$36.78M | -$38.9M | -$40.32M | -$39.79M | -$39.86M | -$40.03M | -$40.56M | -$40.78M | -$40.7M | -$40.7M | -$39.7M | -$36.8M |
| Other Financing Activities | -$16.4M | -$17.6M | -$12.6M | -$20.1M | -$17.4M | -$24.1M | -$3.1M | -$4.6M | -$9.1M | -$5.6M | -$468.9M | -$900K | $600K | -$147.9M | $2.6M | $71.8M | $0 | $0 | $0 | -$102M | -$27M | $0 | $0 | $382K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$200K |
| Net Cash from Financing | -$404.3M | -$301.2M | -$289.7M | -$576.6M | -$392.7M | -$261.5M | $62M | -$40M | $57.9M | $151.3M | -$449.4M | $63.7M | -$61.1M | -$40.6M | -$7M | -$2M | -$87M | -$124M | -$7M | $6M | $42M | -$116M | $43M | $9.38M | -$168.3M | -$21.08M | -$116.66M | -$58.57M | -$173.82M | -$99.71M | -$175.91M | -$117.47M | -$63.64M | $50.6M | $86.5M | $64M | -$215.4M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $48.4M | $115.1M | $40.2M | -$216.2M |
| Net Change in Cash | -$124.9M | $130.5M | -$117.4M | -$34M | $268M | -$8.7M | $3.9M | $4.7M | $5.9M | -$11.6M | -$267.9M | $178.9M | $94.6M | -$1.6M | $8M | -$2M | -$3M | $2M | -$28M | -$12M | $15M | $36M | $5M | -$18.73M | $15.84M | $118K | -$83.48M | $65.19M | -$2.2M | -$8.33M | $22.59M | -$23.13M | -$63.6M | $50.6M | $86.5M | $64M | -$215.4M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $547.1M | $767.8M | $510.5M | $1.27B | $984.1M | $429.8M | $248.8M | $305M | $224.9M | $157.8M | $245.3M | $165.7M | $195.7M | $64.1M | $86M | $150M | $115M | $275M | $124M | $106M | $278M | $173M | $136M | $55.65M | $150.97M | $104.28M | $121.67M | $135.27M | $181.87M | $133M | $71.66M | $186.76M | $192.9M | $157.5M | $171.6M | $135.2M | $97.4M |
| Capital Expenditure | -$393.4M | -$310.1M | -$248.4M | -$209.3M | -$325.3M | -$192.3M | -$310.3M | -$401.2M | -$307.2M | -$179.4M | -$67.8M | -$27.9M | -$35.2M | -$38.1M | -$47.2M | -$71.2M | -$31M | -$109M | -$122M | -$281M | -$231M | -$151M | -$214M | -$44.61M | -$99.18M | -$84.2M | -$82.17M | -$131.54M | -$49.2M | -$198.62M | -$462.05M | -$96.77M | -$152.5M | -$203.5M | -$279.5M | -$196.2M | -$98.9M |
| Free Cash Flow | $153.7M | $457.7M | $262.1M | $1.06B | $658.8M | $237.5M | -$61.5M | -$96.2M | -$82.3M | -$21.6M | $177.5M | $137.8M | $160.5M | $26M | $19M | $55M | $84M | $166M | $2M | -$175M | $47M | $22M | -$78M | $11.04M | $51.78M | -$86.82M | $39.49M | -$80.06M | $132.67M | -$65.62M | -$390.39M | $101.54M | $40.4M | -$46M | -$107.9M | -$61M | -$1.5M |
| Cash at Beginning | $266.8M | $136.3M | $253.7M | $287.7M | $19.7M | $28.4M | $24.5M | $19.8M | $13.9M | $25.5M | $293.4M | $114.5M | $19.9M | $21.5M | $14M | $16M | $19M | $17M | $45M | $57M | $42M | $6M | $1M | $19M | $3.45M | $3.33M | $86.82M | $21.62M | $23.82M | $32.15M | $9.56M | $32.69M | $21.12M | $18.9M | $47.5M | $23.6M | $22.8M |
| Cash at End | $141.9M | $266.8M | $136.3M | $253.7M | $287.7M | $19.7M | $28.4M | $24.5M | $19.8M | $13.9M | $25.5M | $293.4M | $114.5M | $19.9M | $21.5M | $14M | $16M | $19M | $17M | $45M | $57M | $42M | $6M | $1M | $19.29M | $3.45M | $3.33M | $86.82M | $21.62M | $23.82M | $32.15M | $9.56M | -$42.5M | $69.5M | $134M | $87.6M | -$192.6M |