MBIA INC (MBI)
MBIA Inc. focuses on providing insurance services that guarantee financial obligations, predominantly within the public finance arena. The company operates through two main divisions: one dedicated to U.S. Public Finance Insurance, and another covering International and Structured Finance Insurance. For its U.S. operations, MBIA offers guarantees for municipal bonds, encompassing both tax-exempt and taxable debt. These instruments are issued by various U.S. governmental bodies and territories, as well as by entities such as public utilities, airports, healthcare providers, higher education institutions, student loan programs, and housing authorities. Furthermore, the company extends coverage to certain private sector obligations. In the international and structured finance sector, MBIA insures non-U.S. public finance instruments and global structured financial products, including asset-backed securities. This segment also provides coverage for sovereign and sub-sovereign bonds, alongside privately issued bonds that finance substantial infrastructure projects such as toll roads, bridges, airports, and public transportation networks. Additionally, MBIA offers reinsurance services to other parties. MBIA Inc. was founded in 1973 and maintains its principal office in Purchase, New York.
Sector: Surety Insurance
Industry: Insurance - Specialty
MBIA Inc.
NYSE:MBIFinancial Services · Insurance - Specialty
+0.90%$4.46
AH Close$4.46+0.00%vs close
AH Close$4.46+0.00%vs close
Mkt Cap$227.53M
Float41.86M
O/S51.02M
Inst Own54.2%
SI7.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$80M
Net Income-$177M
Total Assets$2.01B
Free Cash Flow$38M
Debt & Equity
Debt 302%
Total Debt$3.35B
Total Equity-$2.24B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MBI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.01B
Liabilities$4.24B
Accounts Receivable$164M
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$24M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $80M | $42M | $7M | $154M | $159M | $282M | $281M | $159M | $405M | $289M | $854M | $1.26B | $1.15B | $2.39B | -$1.58B | $834M | $2.69B | -$856.6M | -$283.86M | $2.7B | $2.3B | $2.07B | $1.47B | $618M | $1.14B | $1.06B | $444M | $912M | $766.1M | $630.9M | $462.22M | $439.54M | $429M | $327.9M | $269M | $223.6M | $171.7M | $150.7M | $135.4M |
| YoY Growth | 90.5% | 500.0% | -95.5% | -3.1% | -43.6% | 0.4% | 76.7% | -60.7% | 40.1% | -66.2% | -32.4% | 10.0% | -51.9% | -250.7% | -289.8% | -68.9% | -413.4% | 201.8% | -110.5% | 17.7% | 11.1% | 40.6% | 138.0% | -45.8% | 7.9% | 138.2% | -51.3% | 19.0% | 21.4% | 36.5% | 5.2% | 2.5% | 30.8% | 21.9% | 20.3% | 30.2% | 13.9% | 11.3% | - |
| Cost of Revenue | $68M | $188M | $182M | $46M | $356M | $540M | $253M | $83M | $706M | $260M | $173M | $177M | $163M | $100M | -$17M | $291M | $946M | $1.32B | $967.22M | $146.9M | $150.85M | $149.29M | $134.91M | $109.36M | $99.08M | $87.27M | $235.15M | $69.28M | $53.57M | $45.33M | $31.92M | $29.94M | $25.5M | $18.1M | $24.2M | $23.4M | $22.5M | $0 | $0 |
| Gross Profit | $12M | -$146M | -$175M | $108M | -$197M | -$258M | $28M | $76M | -$301M | $29M | $681M | $1.09B | $985M | $2.29B | -$1.57B | $543M | $1.74B | -$2.17B | -$1.25B | $2.56B | $2.15B | $1.92B | $1.34B | $508.64M | $1.04B | $970.19M | $208.85M | $842.72M | $712.53M | $585.57M | $430.3M | $409.6M | $403.5M | $309.8M | $244.8M | $200.2M | $149.2M | $150.7M | $135.4M |
| Gross Margin | 15.0% | -347.6% | -2500.0% | 70.1% | -123.9% | -91.5% | 10.0% | 47.8% | -74.3% | 10.0% | 79.7% | 86.0% | 85.8% | 95.8% | 98.9% | 65.1% | 64.8% | 253.9% | 440.7% | 94.6% | 93.4% | 92.8% | 90.8% | 82.3% | 91.3% | 91.7% | 47.0% | 92.4% | 93.0% | 92.8% | 93.1% | 93.2% | 94.1% | 94.5% | 91.0% | 89.5% | 86.9% | 100.0% | 100.0% |
| 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 |
| Selling, General, and Administrative | $0 | $0 | $0 | $0 | $0 | $92M | $101M | $82M | $116M | $151M | $153M | $203M | $349M | $398M | $337M | $314M | $316M | $306.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other | $193M | $295M | $309M | $256M | $248M | $228M | $284M | $290M | $244M | $217M | $239M | $242M | $220M | $290M | $336M | $324M | $206M | $1.25B | $1.81B | $1.42B | $1.13B | $747.28M | $173.9M | -$279.36M | -$864.08M | $287.19M | -$154.15M | $360.72M | $19.93M | $19.37M | $85.27M | $80.18M | $26.9M | $20.5M | $18.6M | $17.3M | $1.3M | $150.7M | $135.4M |
| Total Operating Expenses | $193M | $295M | $309M | $256M | $248M | $320M | $385M | $372M | $360M | $368M | $392M | $445M | $569M | $688M | $673M | $638M | $522M | $1.55B | $1.81B | $1.42B | $1.13B | $747.28M | $173.9M | -$279.36M | -$864.08M | $287.19M | -$154.15M | $360.72M | $19.93M | $19.37M | $85.27M | $80.18M | $26.9M | $20.5M | $18.6M | $17.3M | $1.3M | $150.7M | $135.4M |
| Operating Income (EBIT) | -$181M | -$441M | -$484M | -$148M | -$445M | -$578M | -$357M | -$296M | -$661M | -$339M | $289M | $641M | $416M | $1.6B | -$2.24B | -$95M | $1.22B | -$3.73B | -$3.07B | $1.13B | $1.02B | $1.17B | $1.16B | $788M | $1.91B | $683M | $363M | $482M | $692.6M | $566.2M | $345.03M | $329.42M | $376.6M | $289.3M | $226.2M | $182.9M | $147.9M | $0 | $0 |
| Operating Margin | -226.3% | -1050.0% | -6914.3% | -96.1% | -279.9% | -205.0% | -127.0% | -186.2% | -163.2% | -117.3% | 33.8% | 50.8% | 36.2% | 67.0% | 141.4% | -11.4% | 45.3% | 435.1% | 1080.0% | 41.9% | 44.3% | 56.6% | 79.0% | 127.5% | 167.1% | 64.6% | 81.8% | 52.9% | 90.4% | 89.7% | 74.6% | 74.9% | 87.8% | 88.2% | 84.1% | 81.8% | 86.1% | - | - |
| Interest Expense | $197M | $209M | $211M | $180M | $181M | $228M | $283M | $293M | $272M | $222M | $238M | $249M | $281M | $339M | $362M | $384M | $475M | $1.17B | $1.58B | $1.18B | $822.24M | $522M | $400M | $58.45M | $56.45M | $53.76M | $53.94M | $44.6M | $38.6M | $34.7M | $28.4M | $27.2M | $26.9M | $20.5M | $18.6M | $17.3M | $1.3M | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.14B | $0 | $0 | $0 | -$167.4M | -$117.8M | $0 | $0 | -$52.6M | -$45M | -$36.5M | -$17.6M | -$12.8M | $118.2M | $106.9M |
| Income Before Tax (EBT) | -$181M | -$441M | -$484M | -$148M | -$445M | -$578M | -$357M | -$296M | -$661M | -$339M | $289M | $641M | $416M | $1.6B | -$2.24B | -$95M | $1.22B | -$3.73B | -$3.07B | $1.13B | $1.02B | $1.17B | $1.16B | $788M | $765M | $683M | $363M | $482M | $525.2M | $448.4M | $345.03M | $329.42M | $324M | $244.3M | $189.7M | $165.3M | $135.1M | $118.2M | $106.9M |
| Income Tax Expense | $0 | $0 | $0 | $1M | $0 | $0 | $2M | $0 | $944M | -$1M | $109M | $72M | $166M | $364M | -$920M | -$148M | $583M | -$1.05B | -$1.14B | $320.08M | $304.19M | $317.19M | $335.06M | $205.76M | $207.83M | $186.22M | $67.35M | $132.3M | $119.6M | $100.7M | $73.61M | $69.21M | $77.9M | $55.6M | $45M | $38.7M | $32.8M | $26.2M | $33.1M |
| Net Income | -$177M | -$444M | -$487M | -$203M | -$445M | -$578M | -$359M | -$296M | -$1.6B | -$338M | $180M | $569M | $250M | $1.23B | -$1.32B | $53M | $634M | -$2.67B | -$1.92B | $819.29M | $710.99M | $843M | $825M | $585M | $570M | $525M | $315M | $386M | $405.6M | $347.7M | $271.42M | $260.21M | $259M | $188.7M | $144.7M | $126.6M | $102.3M | $92M | $73.8M |
| Net Income Margin | -221.3% | -1057.1% | -6957.1% | -131.8% | -279.9% | -205.0% | -127.8% | -186.2% | -396.3% | -117.0% | 21.1% | 45.1% | 21.8% | 51.7% | 83.3% | 6.4% | 23.6% | 312.0% | 677.1% | 30.3% | 31.0% | 40.8% | 56.1% | 94.7% | 50.0% | 49.6% | 70.9% | 42.3% | 52.9% | 55.1% | 58.7% | 59.2% | 60.4% | 57.5% | 53.8% | 56.6% | 59.6% | 61.0% | 54.5% |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| EPS | -3.59 | -9.42 | -10.19 | -3.92 | -8.99 | -9.78 | -4.43 | -3.33 | -13.50 | -2.54 | 1.06 | 2.94 | 1.30 | 6.36 | -6.85 | 0.26 | 2.99 | -12.11 | -15.17 | 6.17 | 5.30 | 5.94 | 5.75 | 3.99 | 3.84 | 3.55 | 2.11 | 2.60 | 1.86 | 0.82 | 2.14 | 2.06 | 0.69 | 0.52 | 0.42 | 0.37 | 0.31 | 0.27 | 0.22 |
| Diluted EPS | -3.59 | -9.42 | -10.19 | -3.92 | -8.99 | -9.78 | -4.43 | -3.33 | -13.50 | -2.54 | 1.06 | 2.76 | 1.29 | 6.33 | -6.85 | 0.26 | 2.99 | -12.11 | -15.17 | 5.99 | 5.18 | 5.82 | 5.69 | 3.96 | 3.81 | 3.53 | 2.09 | 2.57 | 1.83 | 0.80 | 2.14 | 2.06 | 0.68 | 0.51 | 0.42 | 0.37 | 0.30 | 0.27 | 0.22 |
| Weighted Average OS | 49.28M | 47.44M | 48.21M | 49.80M | 49.47M | 59.07M | 81.01M | 88.89M | 118.89M | 133.00M | 163.94M | 188.17M | 189.07M | 188.83M | 192.51M | 202.42M | 208.16M | 220.79M | 126.67M | 132.79M | 134.10M | 141.92M | 143.48M | 146.62M | 148.44M | 147.89M | 149.29M | 148.46M | 134.12M | 129.82M | 126.72M | 126.26M | 125.38M | 125.58M | 115.61M | 112.46M | 114.75M | 112.36M | 112.53M |
| EBITDA | $16M | -$232M | -$273M | $32M | -$264M | -$350M | -$74M | -$3M | -$389M | -$117M | $527M | $890M | $697M | $1.94B | -$1.88B | $296.59M | $1.7B | -$2.55B | -$1.48B | $2.32B | $1.85B | $1.71B | $1.58B | $865.08M | $864.04M | $755.01M | $460.17M | $543.83M | $50.44M | $44.1M | $382.6M | $364.83M | $34.2M | $28.7M | $26M | $30.2M | $13.4M | $0 | $0 |
| EBITDA Margin | 20.0% | -552.4% | -3900.0% | 20.8% | -166.0% | -124.1% | -26.3% | -1.9% | -96.0% | -40.5% | 61.7% | 70.5% | 60.7% | 81.2% | 118.6% | 35.6% | 63.4% | 297.2% | 521.3% | 86.0% | 80.6% | 82.6% | 107.3% | 140.0% | 75.7% | 71.4% | 103.6% | 59.6% | 6.6% | 7.0% | 82.8% | 83.0% | 8.0% | 8.8% | 9.7% | 13.5% | 7.8% | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $71M | $87M | $107M | $66M | $160M | $167M | $83M | $280M | $146M | $187M | $522M | $782M | $1.26B | $990M | $633M | $1.13B | $803.24M | $2.28B | $263.73M | $269.28M | $233.05M | $366.24M | $182.42M | $83.22M | $115.04M | $93.96M | $93.56M | $20.76M | $23.18M | $7.36M | $23.26M | $7.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Investments | $1.45B | $1.42B | $1.59B | $2.17B | $2.53B | $2.54B | $3.24B | $3.81B | $4.3B | $5.25B | $5.87B | $6.2B | $6.33B | $5.78B | $1.57B | $6.26B | $3.04B | $5.19B | $5.46B | $2.96B | $1.68B | $2.67B | $1.33B | $899.91M | $429.17M | $496.19M | $420.06M | $518.17M | $261.83M | $205.19M | $212.1M | $138.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.52B | $1.5B | $107M | $2.23B | $2.69B | $2.71B | $3.33B | $4.09B | $4.45B | $5.43B | $6.39B | $6.98B | $7.58B | $6.77B | $2.2B | $7.39B | $3.85B | $7.47B | $5.73B | $3.23B | $1.91B | $3.03B | $1.52B | $983.13M | $544.21M | $590.16M | $513.62M | $538.93M | $285.01M | $212.54M | $235.36M | $146.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $164M | $318M | $329M | $297M | $1.47B | $1.89B | $1.94B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.6B | $2.04B | $326.08M | $253.89M | $124.53M | $133.75M | $100.94M | $81.46M | $135.59M | $192.95M | $45.19M | $55.74M | $49.5M | $13.44M | $980K | $6.1M | $945K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | -$2.03B | -$716M | -$2.01B | $0 | -$2.45B | -$2.41B | -$6.29B | -$7.33B | -$9.28B | $0 | $0 | $0 | $0 | $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 Assets | $0 | -$1.82B | $2.03B | $716M | $2.01B | $0 | $2.45B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.87B | $6.58B | $8.22B | $6.65B | $3.88B | $2.4B | $3.19B | $0 | $0 | $15.24B | $13.02B | $11.46B | $11.01B | $9.33B | $8.19B | $6.87B | $5.15B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.69B | $0 | $436M | $2.53B | $4.17B | $4.6B | $5.27B | $5.95B | $649M | $738M | $827M | $851M | $868M | $935M | $6.65B | $9.39B | $10.65B | $13.5B | $29.85B | $28.02B | $23.98B | $10.57B | $17.57B | $12.46M | $15.97B | $13.66B | $12.03B | $11.59B | $9.63B | $8.41B | $7.11B | $5.3B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Assets | |||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $15M | $17M | $18M | $20M | $21M | $4.87B | $5.32B | -$118M | -$168M | -$217M | $8M | $69M | $69M | $71.39M | $76.83M | $105.36M | $104.04M | $105.95M | $109.28M | $114.69M | $123.07M | $128.44M | $129M | $133.51M | $128.73M | $81.46M | $60.24M | $50.92M | $46.03M | $45.07M | $44.1M | $40.3M | $33.5M | $30.7M | $27.2M | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31.37M | $31.37M | $76.94M | $79.41M | $79.41M | $79.41M | $79.41M | $90.04M | $90.04M | $97.77M | $104.32M | $110.02M | $120.68M | $120.33M | $105.14M | $106.57M | $111.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $24M | $0 | $31M | $35M | $42M | $50M | $60M | $74M | $95M | $118M | $168M | $217M | $260M | $302M | $0 | $0 | $0 | $76.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $116.3M | $121.3M | $126.5M | $131.7M | $141M | $0 | $0 |
| Long-Term Investments | $258M | $1.65B | $362M | $2.72B | $2.85B | $2.81B | $4.42B | $5.08B | $5.57B | $6.54B | $9.66B | $9.58B | $9.92B | $10.59B | $8.04B | $20.73B | $15.79B | $19.57B | $35.05B | $30.72B | $25.43B | $22.35B | $18.72B | $8.99B | $7.85B | $7.24B | $6.2B | $6.4B | $5.13B | $4.35B | $3.86B | $3.19B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $144M | $188M | $100M | $142M | $122M | $133M | $160M | $1B | $991M | $965M | $791M | $581M | $1.75B | $907.53B | $768.14B | $2.37T | $1.17B | $476.19M | $569.54M | $106.84M | $552.74M | $76.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $45M | -$1.65B | $1.23B | -$240M | -$160M | -$212M | -$203M | -$5.08B | -$5.57B | -$6.54B | -$9.66B | -$9.58B | -$10.19B | -$10.96B | -$8.01B | $89.87B | $110.39B | $240.01B | -$34.94B | -$30.64B | -$25.35B | -$22.54B | -$18.7B | -$9.21B | -$7.85B | -$7.24B | -$6.2B | -$6.4B | -$5.13B | -$4.35B | -$3.86B | -$3.19B | -$160.4M | -$161.6M | -$160M | -$162.4M | -$168.2M | $0 | $0 |
| Total Long-Term Assets | $327M | $0 | $1.78B | $2.72B | $2.85B | $2.81B | $4.42B | $5.08B | $5.57B | $1B | $991M | $965M | $791M | $581M | $1.85B | $1.02T | $894.43B | $2.63T | $1.47B | $739.14M | $833M | $106.84M | $786.23M | $76.89M | $226.78M | $237.84M | $238.76M | $202.14M | $180.56M | $156.06M | $152.6M | $156.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $2.17B | $386M | -$1.88B | -$2.32B | -$1.66B | -$2.41B | -$2.94B | $2.87B | $9.4B | $13.04B | $14.47B | $15.29B | $20.21B | $18.38B | -$10.37T | -$11.52T | -$16.11T | $16.09B | $11B | $9.75B | $22.35B | $11.91B | $18.76B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.11B | $2.88B | $2.28B | $2.02B | $1.79B | $1.28B | $1.16B |
| Total Assets | $2.01B | $2.17B | $2.61B | $3.38B | $4.7B | $5.75B | $7.28B | $8.08B | $9.1B | $11.14B | $14.86B | $16.28B | $16.95B | $21.72B | $26.87B | $32.28B | $25.68B | $29.63B | $47.42B | $39.76B | $34.56B | $33.03B | $30.27B | $18.85B | $16.2B | $13.89B | $12.26B | $11.8B | $9.81B | $8.56B | $7.27B | $5.46B | $4.11B | $2.88B | $2.28B | $2.02B | $1.79B | $1.28B | $1.16B |
| Liabilities | |||||||||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $5M | $297M | $1.47B | $1.89B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $64M | $71M | $239.15M | $8.67M | $41.36M | $319.64M | $0 | $94.61M | $47.06M | $58.44M | $130.1M | $0 | $0 | $0 | $0 | $0 | $0 | $209.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $100M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $65M | $18.11M | $0 | $863.7M | $786.89M | $918.74M | $2.66B | $57.34M | $563.97M | $0 | $144.24M | $1.1B | $897.72M | $20M | $29.1M | $633.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $3M | $12M | $60M | $138M | $237M | $696M | $0 | $0 | $0 | $0 | $48M | $41.39B | $532.35B | $240.87B | $142.76M | $6.97M | $0 | $0 | $14.55M | $17.65M | $22.42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $172M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8M | $9.99M | $11.06M | $3.47B | $3.14B | $3.13B | $3.19B | $0 | $3.08B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $454M | $0 | $360M | $429M | -$57M | -$1.04B | $24M | -$35M | -$37M | -$544M | -$38M | $0 | -$5.29B | $0 | $3.44B | -$138M | -$284.11M | -$3.48B | -$733.41M | -$1.07B | -$943.37M | -$2.75B | -$47.06M | -$640.05M | -$152.52M | -$152.14M | -$1.2B | -$993.32M | -$64.01M | -$81.13M | -$644.47M | -$209.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $626M | $0 | $465M | $434M | $3M | $12M | $60M | $138M | $237M | $696M | $548M | $0 | $0 | $0 | $3.56B | $4.25B | $5.51B | $3.67B | $3.29B | $3.18B | $3.24B | $2.75B | $3.15B | $622.4M | $10.61B | $8.88B | $8.06B | $7.32B | $6.29B | $5.71B | $4.66B | $3.45B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $3.35B | $3.22B | $3.16B | $3.1B | $3.21B | $312M | $427M | $4.71B | $5.17B | $576M | $7.97B | $7.82B | $9.12B | $10.45B | $12.55B | $14.54B | $8.12B | $10.53B | $15.41B | $13.62B | $10.03B | $1.33B | $1.02B | $7.7B | $805.06M | $795.1M | $689.2M | $689M | $473.88M | $374.01M | $373.9M | $298.79M | $298.7M | $298.6M | $198.7M | $200M | $195M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $242M | -$188M | $4.9B | $0 | $4.33B | $6.81B | -$160M | -$358M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.06M | $14.86M | $20.38M | $26.78M | $21.81M | $24.84M | $27.63M | $32.69M | $36.54M | $42.96M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $144M | $188M | $100M | $0 | $122M | $133M | $160M | $358M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$14.2B | $476.19M | $569.54M | $610.54M | $552.74M | $471.53M | $272.67M | $252.46M | $32.8M | $343.9M | $286.4M | $206.49M | $246.74M | $76.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $270M | -$3.22B | $457M | $1.15B | -$3.21B | $1.19B | $0 | $2.26B | -$3.3B | $1.54B | $3.14B | $4.52B | $4.54B | $8.08B | $9.03B | -$14.54B | -$8.12B | -$10.53B | $26.08B | $15.27B | $14.1B | -$26.78M | $19.84B | -$6.67B | -$300.36M | -$1.08B | -$758.54M | -$386.86M | -$760.28M | -$206.5M | -$246.64M | -$375.63M | -$298.7M | -$298.6M | -$198.7M | -$200M | -$195M | $0 | $0 |
| Total Long-Term Liabilities | $3.62B | $0 | $3.62B | $4.25B | $5B | $1.5B | $1.56B | $6.94B | $1.87B | $2.12B | $11.11B | $12.33B | $13.65B | $18.53B | $21.59B | $25.18B | $17.57B | $24.97B | $40.46B | $29.38B | $24.73B | $1.33B | $20.86B | $1.03B | $805M | $795M | $689M | $689M | $474M | $374M | $374M | $299M | $298.7M | $298.6M | $198.7M | $200M | $195M | $0 | $0 |
| Other Liabilities | $0 | $4.24B | $168M | -$434M | -$3M | $4.09B | $4.83B | -$138M | $5.56B | $5.08B | -$548M | $0 | $0 | $0 | $0 | -$29.4T | -$23.05T | -$28.61T | $0 | $0 | $0 | $22.37B | $0 | $11.71B | $47K | -$75K | -$202K | $347K | -$491K | $318K | $184K | -$277K | $2.21B | $1.2B | $1.02B | $892.8M | $814.3M | $578.6M | $539.4M |
| Total Liabilities | $4.24B | $4.24B | $4.25B | $4.25B | $5B | $5.6B | $6.45B | $6.94B | $7.67B | $7.9B | $11.11B | $12.33B | $13.65B | $18.53B | $25.15B | $29.43B | $23.08B | $28.61B | $43.76B | $32.56B | $27.97B | $26.45B | $24.01B | $13.36B | $11.42B | $9.67B | $8.75B | $8B | $6.76B | $6.08B | $5.03B | $3.75B | $2.51B | $1.5B | $1.22B | $1.09B | $1.01B | $578.6M | $539.4M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $224.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $283M | $283M | $283M | $283M | $283M | $283M | $283M | $284M | $284M | $284M | $282M | $281M | $278M | $277M | $275M | $274.72M | $274.83M | $273.2M | $160.25M | $158.33M | $156.6M | $155.61M | $153.55M | $152.56M | $151.95M | $100.77M | $100.07M | $99.57M | $89.46M | $43.29M | $42.08M | $42.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$1.77B | -$1.59B | -$1.14B | -$653M | -$458M | -$13M | $607M | $966M | $1.09B | $2.7B | $3.04B | $2.86B | $2.29B | $2.04B | $805M | $2.12B | $2.39B | $1.63B | $4.3B | $6.4B | $5.75B | $5.22B | $4.59B | $3.9B | $3.42B | $2.93B | $2.49B | $2.25B | $1.83B | $1.52B | $1.26B | $1.06B | $844.9M | $625.2M | $468.5M | $349.3M | $241.5M | $154.3M | $69.4M |
| Comprehensive Income & Other | -$95M | -$128M | -$139M | -$283M | $100M | $115M | -$2M | -$156M | -$19M | -$128M | -$61M | $21M | -$86M | $56M | -$176M | -$405.48M | -$940.87M | -$1.78B | -$491M | $321.29M | $399.38M | $611.17M | $632.62M | $541.25M | $145.32M | $85.71M | -$224.51M | $288.92M | $231.53M | $115.38M | $2.85M | $503K | -$1.2M | -$400K | -$100K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$752M | -$781M | -$796M | -$512M | -$138M | -$134M | -$64M | -$131M | $34M | $243M | $409M | $790M | $711M | $857M | $620M | $433.85M | -$61.23M | -$907.97M | -$806.32M | $646.59M | $687.87M | $1.21B | $1.51B | $1.45B | $1.22B | $1.19B | $926.55M | $1.45B | $1.13B | $917.41M | $931.14M | $605.55M | $751.5M | $756.9M | $594.8M | $582.4M | $535M | $550.2M | $550.2M |
| Total Equity | -$2.24B | -$2.09B | -$1.66B | -$882M | -$313M | $136M | $826M | $1.12B | $1.41B | $3.23B | $3.73B | $3.93B | $3.28B | $3.17B | $1.7B | $2.83B | $2.61B | $994.42M | $3.66B | $7.2B | $6.59B | $6.58B | $6.26B | $5.49B | $4.78B | $4.22B | $3.51B | $3.79B | $3.05B | $2.48B | $2.23B | $1.7B | $1.6B | $1.38B | $1.06B | $931.7M | $776.5M | $704.5M | $619.6M |
| Minority Interest | $7M | $13M | $10M | $6M | $13M | $13M | $13M | $13M | $12M | $12M | $12M | $21M | $21M | $21M | $23M | $14.16M | $0 | $27.6M | $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 | $2.01B | $2.15B | $2.6B | $3.37B | $4.68B | $5.74B | $7.27B | $8.06B | $9.08B | $11.13B | $14.84B | $16.26B | $16.93B | $21.7B | $26.85B | $32.26B | $25.68B | $29.6B | $47.42B | $39.76B | $34.56B | $33.03B | $30.27B | $18.85B | $16.2B | $13.89B | $12.26B | $11.8B | $9.81B | $8.56B | $7.27B | $5.46B | $4.11B | $2.88B | $2.28B | $2.02B | $1.79B | $1.28B | $1.16B |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| Total Debt | $3.35B | $3.22B | $3.16B | $3.1B | $3.21B | $3.56B | $4.45B | $4.71B | $4.55B | $5.12B | $7.97B | $7.82B | $8.24B | $10.38B | $12.55B | $14.6B | $8.13B | $8.74B | $16.28B | $14.41B | $10.95B | $11.53B | $9.92B | $8.26B | $1.76B | $1.91B | $1.79B | $1.59B | $1.67B | $1.37B | $1.01B | $298.79M | $298.7M | $298.6M | $198.7M | $200M | $195M | $0 | $0 |
| Net Debt | $3.28B | $3.14B | $3.06B | $3.04B | $3.05B | $3.4B | $4.36B | $4.43B | $4.41B | $4.93B | $7.45B | $7.03B | $6.99B | $9.39B | $11.92B | $13.48B | $7.33B | $6.46B | $16.01B | $14.14B | $10.72B | $11.17B | $9.74B | $8.18B | $1.64B | $1.81B | $1.69B | $1.57B | $1.65B | $1.36B | $984.42M | $290.85M | $298.7M | $298.6M | $198.7M | $200M | $195M | $0 | $0 |
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 | -$177M | -$441M | -$484M | -$149M | -$445M | -$578M | -$359M | -$296M | -$1.6B | -$338M | $180M | $569M | $250M | $1.23B | -$1.32B | $52.53M | $634.06M | -$2.67B | -$1.92B | $813.18M | $712.08M | $812.73M | $813.59M | $579.09M | $570.09M | $528.64M | $320.53M | $432.73M | $374.18M | $322.16M | $271.42M | $260.21M | $246.1M | $188.7M | $144.7M | $126.6M | $102.3M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | -$12M | $0 | -$12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1M | $7.59M | $9.19M | $9.64M | $10.16M | $8.64M | $11.5M | $13.9M | $15.5M | $14.05M | $16.61M | $18.26M | $18.35M | $17.23M | $11.84M | $9.4M | $9.17M | $8.21M | $7.3M | $8.2M | $7.4M | $12.9M | $12.1M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$3M | $12M | $13M | -$35M | $940M | -$5M | $107M | $50M | $157M | $365M | -$935M | -$221.21M | $1.09B | -$532.63M | -$1.2B | -$29.59M | $55.31M | $99.16M | $38.14M | -$4.35M | -$13.79M | $49.58M | -$40.51M | $19.94M | $13.38M | $9.31M | $11.35M | $19.07M | $7.5M | $8.7M | $10.8M | $9M | $9.9M |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $12M | $0 | $12M | $6M | $10M | $16M | $20M | $18M | $13M | $14M | $13M | $2.26M | $6.43M | -$30.62M | $14.95M | $20.38M | $19.42M | $16.7M | $26.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | $154M | $11M | $14M | $152M | $412M | $45M | -$37M | -$153M | -$632M | $1M | $6M | $300M | $3.81B | -$450M | $216M | $263.43M | $390M | $0 | -$61.11M | -$73.92M | -$56.49M | -$46.91M | $226.44M | $107.09M | $140.51M | $74.45M | $53M | $153.7M | $154.7M | $136.4M | $69.9M | $79.5M | $193.3M | $173.2M | $0 | $71.5M | $45.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $24.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $944.03M | $87.66M | $27.22M | $206.03M | -$31.02M | $46.15M | -$49.02M | -$8.01M | $115.8M | $167.1M | $19.6M | $16.8M | $2.4M | $6.4M | $8.2M | $0 | $0 | $5M | $0 |
| Other Working Capital | $48M | $190M | $102M | -$446M | $538M | $192M | $45M | -$42M | $703M | -$75M | -$191M | -$432M | -$522M | -$539M | -$1.24B | -$956.22M | -$2.68B | $0 | -$106.65M | -$222.64M | -$150.35M | $72.97M | -$118.76M | -$50.74M | -$85.65M | -$69.57M | $63.9M | $70.19M | -$40.4M | -$31.66M | -$45.09M | -$48.41M | -$15.2M | -$13.3M | $0 | -$10.2M | -$11.2M |
| Total Working Capital Change | $202M | $201M | $116M | -$294M | $950M | $237M | $8M | -$195M | $71M | -$74M | -$185M | -$132M | $3.29B | -$989M | -$1.02B | -$692.8M | -$2.29B | $310.91M | $776.28M | -$184.47M | -$179.61M | $232.09M | $76.66M | $102.5M | $5.84M | -$3.13M | $232.7M | $390.99M | $133.9M | $121.54M | $27.2M | $37.49M | $186.3M | $159.9M | -$8.3M | $66.3M | $34.4M |
| Other Non-Cash Items | $13M | $64M | $173M | $25M | $9M | -$61M | -$30M | $207M | -$36M | $275M | -$157M | -$820M | -$1.87B | -$1.64B | $290M | -$405.03M | -$1.65B | -$153.12B | $3.34B | $35.36M | $162.45M | -$272.11M | $8.38M | $167.55M | $151.26M | $78.38M | -$62.48M | -$156.14M | -$30.77M | $5.03M | $50.41M | $50.84M | $23.7M | -$25M | $106.1M | -$7.8M | $10.2M |
| Net Cash from Operating | $38M | -$176M | -$195M | -$418M | $511M | -$390M | -$368M | -$319M | -$630M | -$142M | -$55M | -$333M | $1.83B | -$1.03B | -$2.98B | -$1.26B | -$2.19B | -$156.03B | $1.02B | $663.51M | $781.14M | $902.48M | $978.69M | $873.21M | $721.59M | $640.34M | $443.25M | $682.04M | $482.14M | $446.41M | $351.08M | $376.44M | $470.9M | $340.5M | $260.7M | $207M | $168.9M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $2M | $0 | -$1M | $0 | $74M | -$1M | -$1M | -$1M | -$3M | -$13M | -$3M | -$7M | -$5M | -$4.71M | -$5.86M | -$10.99M | -$8.22M | -$10.91M | -$9.36M | -$8.74M | -$11.09M | -$15.4M | -$5.55M | -$16.36M | -$58.7M | -$22.9M | -$13.7M | -$9.2M | -$4.9M | -$4.1M | -$6.8M | -$9.1M | -$4.7M | -$5.4M | -$24.5M |
| Acquisitions | $0 | $0 | $0 | $2M | $1M | $0 | $70M | -$7M | $18M | $1M | $7M | $239M | -$26M | -$51M | $5M | $862.89M | $0 | $18.09T | $12.4M | $10.96M | $11.01M | $10.99M | $12.11M | $15.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$375M | -$325M | -$667M | -$1.17B | -$1.53B | -$1.33B | -$2.29B | -$2.45B | -$2.07B | -$2.86B | -$2.54B | -$2.13B | -$4.33B | -$4.46B | -$7.74B | -$10.11B | -$10.69B | -$15.31B | -$32.93B | -$23.51B | -$17.32B | -$26.81B | -$27.85B | -$19.97B | -$26.7B | -$12.95B | -$9.54B | -$5.08B | -$3.55B | -$3.4B | -$3.39B | -$2.65B | -$1.46B | -$962M | -$959.2M | -$527M | -$353.6M |
| Sales of Investments | $396M | $593M | $1.44B | $1.77B | $1.4B | $3.05B | $3.67B | $2.66B | $3.15B | $5.15B | $2.56B | $2.08B | $4.01B | $9.01B | $12.27B | $13.35B | $15.67B | $33.42B | $26.9B | $18.71B | $15.14B | $24.48B | $23.99B | $18.07B | $24.53B | $11.87B | $8.23B | $4.07B | $2.93B | $2.3B | $1.93B | $1.33B | $537.8M | $441M | $704.6M | $291.4M | $330.4M |
| Other Investing Activities | $4M | $19M | -$4M | $18M | $76M | $16M | -$255M | $1.01B | $109M | $133M | $786M | $636M | $343M | -$297M | -$231M | $909.91M | $37K | -$18.1B | -$288.32M | -$8.78M | -$9.7M | -$8.74M | -$9.96M | -$15.4M | $499K | $8.3M | $11.2M | -$8.11M | -$15.49M | -$45K | -$23K | $25K | $0 | -$31.7M | $18M | $0 | -$246M |
| Net Cash from Investing | $25M | $287M | $767M | $623M | -$61M | $1.74B | $1.27B | $1.21B | $1.2B | $2.42B | $817M | $812M | -$6M | $4.2B | $4.29B | $5.01B | $4.98B | $18.09T | -$6.31B | -$4.81B | -$2.19B | -$2.33B | -$3.87B | -$1.92B | -$2.18B | -$1.09B | -$1.35B | -$1.05B | -$654.69M | -$1.11B | -$1.47B | -$1.33B | -$925M | -$561.8M | -$241.3M | -$241M | -$293.7M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | $72M | $119M | $100M | $236M | $456M | $1.03B | $982M | $708M | $255M | $2.35B | $619M | $698M | $1.31B | $1.87B | $1.2B | $2.67B | $1.99B | $16.19B | -$1.67B | -$5.05B | -$3.62B | -$2.05B | -$3.14B | -$291.3M | $3.75M | -$192.36M | $3.75M | -$197.11M | -$98.88M | - | -$74.34M | - | -$490.8M | -$98.9M | $2.9M | -$5M | -$153M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.64M | $1.63B | $0 | $42.01M | $0 | $61.04M | $0 | $0 | $24.27M | $23.68M | $14.62M | $30.7M | $142.1M | $83.1M | $16.34M | $1.99M | $7.1M | $158M | $5.4M | $54.7M | $2.3M |
| Common Stock Repurchases | -$7M | -$4M | -$38M | -$3M | -$1M | -$200M | -$106M | -$44M | -$330M | -$108M | -$303M | -$32M | $0 | $0 | -$50M | -$31M | -$16M | -$303.02M | -$738.8M | -$61.35M | -$369.71M | -$375.03M | -$82.4M | -$208.94M | -$8.98M | -$77.95M | -$24.7M | $0 | $0 | $0 | $0 | -$14.41M | -$15.3M | $0 | $0 | -$5.4M | -$18.4M |
| Dividends Paid | $0 | $0 | $0 | $0 | -$60M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1M | -$9.82M | -$42.64M | -$172.75M | -$162.85M | -$147.25M | -$132.07M | -$111M | -$97.15M | -$87.11M | -$80.71M | -$79.76M | -$85.7M | -$76.7M | -$69.8M | -$53.18M | -$45.51M | -$37.3M | -$28.7M | -$22.6M | -$16.6M | -$11.5M |
| Other Financing Activities | $0 | -$9M | $0 | -$46M | $60M | -$36M | -$18M | -$25M | -$26M | -$78M | -$91M | -$162M | -$254M | -$938M | -$569M | $479K | -$24.83M | -$542.58M | $4.32B | -$42.52M | -$110.3M | $1.9B | $3.14B | $1.08B | $1.27B | $462.11M | $1.02B | $434.8M | $132.08M | $614.6M | $1.1B | $1.02B | $100K | $0 | $0 | $100K | $0 |
| Net Cash from Financing | -$79M | -$132M | -$542M | -$285M | -$457M | -$1.26B | -$1.1B | -$752M | -$611M | -$2.54B | -$1.01B | -$892M | -$1.57B | -$2.81B | -$1.82B | -$3.43B | -$4.26B | -$15.92T | $5.28B | $4.2B | $1.28B | $1.55B | $2.99B | $1.01B | $1.48B | $450.05M | $981.4M | $359.78M | $188.38M | $646.63M | $1.14B | $957.48M | $445.4M | $228.2M | -$20.1M | $37.8M | $125.4M |
| Forex Effect | $0 | $0 | $0 | -$2M | $0 | $1M | $0 | -$1M | -$2M | -$2M | -$8M | -$8M | $11M | $0 | $0 | $0 | $0 | -$2.01T | $0 | -$6.51M | -$1.68M | $14.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $454.1M | $221.3M | -$19.4M | $34M | $124.8M |
| Net Change in Cash | -$16M | -$21M | $30M | -$82M | -$7M | $84M | -$197M | $134M | -$41M | -$335M | -$260M | -$476M | $268M | $357M | -$497M | $326.49M | -$1.48B | $2.02B | -$5.54M | $47.57M | -$133.19M | $138.69M | $99.2M | -$31.82M | $21.08M | $403K | $72.8M | -$5.54M | $15.82M | -$15.9M | $15.32M | $5.45M | $445.4M | $228.2M | -$20.1M | $37.8M | $125.4M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $38M | -$176M | -$195M | -$418M | $511M | -$390M | -$368M | -$319M | -$630M | -$142M | -$55M | -$333M | $1.83B | -$1.03B | -$2.98B | -$1.26B | -$2.19B | -$156.03B | $1.02B | $663.51M | $781.14M | $902.48M | $978.69M | $873.21M | $721.59M | $640.34M | $443.25M | $682.04M | $482.14M | $446.41M | $351.08M | $376.44M | $470.9M | $340.5M | $260.7M | $207M | $168.9M |
| Capital Expenditure | $0 | $0 | $0 | $0 | -$1M | $0 | $74M | -$1M | -$1M | -$1M | -$3M | -$13M | -$3M | -$7M | -$5M | -$4.71M | -$5.86M | -$10.99M | -$8.22M | -$10.91M | -$9.36M | -$8.74M | -$11.09M | -$15.4M | -$5.55M | -$16.36M | -$58.7M | -$22.9M | -$13.7M | -$9.2M | -$4.9M | -$4.1M | -$6.8M | -$9.1M | -$4.7M | -$5.4M | -$24.5M |
| Free Cash Flow | $38M | -$176M | -$195M | -$418M | $510M | -$390M | -$294M | -$320M | -$631M | -$143M | -$58M | -$346M | $1.83B | -$1.03B | -$2.98B | -$1.26B | -$2.2B | -$156.04B | $1.01B | $652.6M | $771.79M | $893.74M | $967.6M | $857.8M | $716.04M | $623.98M | $384.55M | $659.14M | $468.44M | $437.21M | $346.18M | $372.34M | $464.1M | $331.4M | $256M | $201.6M | $144.4M |
| Cash at Beginning | $87M | $108M | $78M | $160M | $167M | $83M | $280M | $146M | $187M | $522M | $782M | $1.26B | $990M | $633M | $1.13B | $803.24M | $2.28B | $263.73M | $269.28M | $221.71M | $366.24M | $227.54M | $83.22M | $115.04M | $93.96M | $93.56M | $20.76M | $26.3M | $7.36M | $23.26M | $7.94M | $2.49M | $11.2M | $4.4M | $5.1M | $1.3M | $600K |
| Cash at End | $71M | $87M | $108M | $78M | $160M | $167M | $83M | $280M | $146M | $187M | $522M | $782M | $1.26B | $990M | $633M | $1.13B | $803.24M | $2.28B | $263.73M | $269.28M | $233.05M | $366.24M | $182.42M | $83.22M | $115.04M | $93.96M | $93.56M | $20.76M | $23.18M | $7.36M | $23.26M | $7.94M | $456.6M | $232.6M | -$15M | $39.1M | $126M |