MCDONALDS CORP (MCD)
McDonald's Corporation operates and licenses its renowned fast-food chain worldwide, with a significant presence in both the United States and international markets. Their comprehensive menu offers classic items like hamburgers and cheeseburgers, a variety of chicken options including sandwiches and nuggets, alongside lighter choices such as wraps, french fries, and salads. For breakfast, patrons can select from offerings like biscuit and bagel sandwiches, breakfast burritos, and hotcakes. Additionally, the company provides oatmeal, an assortment of desserts including milkshakes, sundaes, and soft-serve ice cream, plus a selection of baked goods. A wide array of soft drinks, coffee, and other beverages completes their offering. By December 31, 2021, the corporation's global network encompassed 40,031 establishments. McDonald's Corporation, founded in 1940, has its main corporate office located in Chicago, Illinois.
Sector: Retail-Eating Places
Industry: Restaurants
McDonald's Corporation
NYSE:MCDConsumer Cyclical · Restaurants
+0.95%$250.83
AH Close$250.25-0.23%vs close
AH Close$250.25-0.23%vs close
Mkt Cap$177.5B
Float706.16M
O/S707.64M
Inst Own71.7%
SI1.9%
Div Yield2.97%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$26.89B
Net Income$8.56B
Total Assets$59.52B
Free Cash Flow$7.19B
Debt & Equity
Debt 103%
Total Debt$54.81B
Total Equity-$1.79B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MCD's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$59.52B
Liabilities$61.31B
Accounts Receivable$2.47B
Accounts Payable$1.15B
Inventory$61M
PP&E (Net)$42.85B
Goodwill$3.35B
Intangible Assets$1.06B
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 | $26.89B | $25.92B | $25.49B | $23.18B | $23.22B | $19.21B | $21.08B | $21.03B | $22.82B | $24.62B | $25.41B | $27.44B | $28.11B | $27.57B | $27.01B | $24.07B | $22.74B | $23.52B | $22.79B | $20.9B | $19.12B | $18.59B | $17.14B | $15.41B | $14.87B | $14.24B | $13.26B | $12.42B | $11.41B | $10.69B | $9.79B | $8.32B | $7.41B | $7.13B | $6.7B | $6.64B | $6.14B | $5.57B | $4.89B | $4.14B |
| YoY Growth | 3.7% | 1.7% | 10.0% | -0.2% | 20.9% | -8.9% | 0.2% | -7.9% | -7.3% | -3.1% | -7.4% | -2.4% | 2.0% | 2.1% | 12.2% | 5.8% | -3.3% | 3.2% | 9.1% | 9.3% | 2.8% | 8.5% | 11.3% | 3.6% | 4.4% | 7.4% | 6.7% | 8.9% | 6.8% | 9.1% | 17.7% | 12.3% | 3.9% | 6.5% | 0.8% | 8.1% | 10.3% | 13.7% | 18.1% | - |
| Cost of Revenue | $11.45B | $11.21B | $10.93B | $9.98B | $10.64B | $9.46B | $9.96B | $10.24B | $12.2B | $14.42B | $15.62B | $16.99B | $17.2B | $16.75B | $16.32B | $14.44B | $13.95B | $14.88B | $14.88B | $13.96B | $12.94B | $12.69B | $8.53B | $7.67B | $7.35B | $6.83B | $5.19B | $4.84B | $1.98B | $1.8B | $3.62B | $2.99B | $2.69B | $1.13B | $1.11B | $1.19B | $3.58B | $3.29B | $2.87B | $1.81B |
| Gross Profit | $15.44B | $14.71B | $14.56B | $13.21B | $12.58B | $9.75B | $11.12B | $10.79B | $10.62B | $10.2B | $9.79B | $10.46B | $10.9B | $10.82B | $10.69B | $9.64B | $8.79B | $8.64B | $7.91B | $6.93B | $6.18B | $5.9B | $8.61B | $7.74B | $7.52B | $7.41B | $8.07B | $7.58B | $9.43B | $8.88B | $6.17B | $5.33B | $4.72B | $6B | $5.58B | $5.45B | $2.56B | $2.28B | $2.03B | $2.34B |
| Gross Margin | 57.4% | 56.8% | 57.1% | 57.0% | 54.2% | 50.8% | 52.7% | 51.3% | 46.5% | 41.4% | 38.5% | 38.1% | 38.8% | 39.2% | 39.6% | 40.0% | 38.7% | 36.7% | 34.7% | 33.2% | 32.3% | 31.7% | 50.2% | 50.2% | 50.6% | 52.0% | 60.8% | 61.0% | 82.7% | 83.1% | 63.0% | 64.0% | 63.8% | 84.1% | 83.4% | 82.1% | 41.7% | 40.9% | 41.4% | 56.4% |
| 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 | $3.04B | $2.86B | $2.82B | $2.86B | $2.71B | $2.55B | $2.23B | $2.2B | $2.23B | $2.38B | $2.43B | $2.49B | $2.39B | $2.46B | $2.39B | $2.33B | $2.23B | $2.36B | $2.37B | $2.3B | $2.12B | $1.94B | $5.24B | $4.79B | $4.56B | $4.28B | $3.9B | $3.68B | $5.94B | $5.55B | $2.97B | $2.54B | $2.23B | $3.65B | $3.5B | $3.46B | $663M | $611.3M | $525.1M | $1.18B |
| Other | $3M | $140M | $98.8M | $973.2M | -$483.3M | -$117.5M | -$183.9M | -$236.8M | -$1.16B | $75.7M | $209.4M | $18.6M | -$247.2M | -$243.5M | -$236.8M | -$169.1M | -$283.4M | -$159.2M | $1.66B | $203.3M | $74.9M | $426.4M | $531.6M | $833.3M | $257.4M | $0 | $956.3M | $881.1M | $793.8M | $742.9M | $709M | $628.6M | $568.4M | $554.9M | $514.2M | $493.3M | $438M | $383.4M | $338.4M | $236.3M |
| Total Operating Expenses | $3.04B | $3B | $2.92B | $3.84B | $2.22B | $2.43B | $2.05B | $1.96B | $1.07B | $2.46B | $2.64B | $2.51B | $2.14B | $2.21B | $2.16B | $2.16B | $1.95B | $2.2B | $4.03B | $2.5B | $2.19B | $2.37B | $5.78B | $5.62B | $4.82B | $4.28B | $4.85B | $4.56B | $6.74B | $6.3B | $3.68B | $3.17B | $2.8B | $4.2B | $4.02B | $3.95B | $1.1B | $994.7M | $863.5M | $1.41B |
| Operating Income (EBIT) | $12.39B | $11.71B | $11.65B | $9.37B | $10.36B | $7.32B | $9.07B | $8.82B | $9.55B | $7.74B | $7.15B | $7.95B | $8.76B | $8.6B | $8.53B | $7.47B | $6.84B | $6.44B | $3.88B | $4.43B | $3.98B | $3.54B | $2.83B | $2.11B | $2.7B | $3.13B | $3.21B | $3.02B | $2.69B | $2.59B | $2.5B | $2.16B | $1.92B | $1.8B | $1.56B | $1.5B | $1.46B | $1.28B | $1.16B | $924.3M |
| Operating Margin | 46.1% | 45.2% | 45.7% | 40.4% | 44.6% | 38.1% | 43.0% | 42.0% | 41.9% | 31.5% | 28.1% | 29.0% | 31.2% | 31.2% | 31.6% | 31.0% | 30.1% | 27.4% | 17.0% | 21.2% | 20.8% | 19.0% | 16.5% | 13.7% | 18.1% | 22.0% | 24.2% | 24.3% | 23.6% | 24.2% | 25.5% | 25.9% | 25.9% | 25.2% | 23.4% | 22.6% | 23.8% | 23.1% | 23.7% | 22.3% |
| Interest Expense | $1.58B | $1.51B | $1.36B | $1.21B | $1.19B | $1.22B | $1.12B | $981.2M | $921.3M | $884.8M | $638.3M | $576.4M | $527.8M | $516.6M | $492.8M | $450.9M | $473.2M | $522.6M | $410.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $82M | $103M | $186M | $44M | $9M | $18M | $37M | $4M | $7M | $4M | $9M | $20M | $15M | $28M | $39M | $20M | $19M | $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) | -$1.5B | -$1.37B | -$1.12B | -$1.55B | -$1.23B | -$1.18B | -$1.05B | -$1.01B | -$979.2M | -$878.5M | -$589.8M | -$577.2M | -$559.8M | -$525.6M | -$517.5M | -$472.8M | -$354M | -$284.9M | -$306.9M | -$278.6M | -$323.8M | -$337.2M | -$485.8M | -$450.8M | -$367.3M | -$251M | -$330.3M | -$715.9M | -$287.5M | -$335.8M | -$326.5M | -$270.7M | -$246.3M | -$349.5M | -$265.3M | -$254.3M | -$302M | -$237.2M | -$203M | -$76.2M |
| Income Before Tax (EBT) | $10.9B | $10.35B | $10.52B | $7.83B | $9.13B | $6.14B | $8.02B | $7.82B | $8.57B | $6.87B | $6.56B | $7.37B | $8.2B | $8.08B | $8.01B | $7B | $6.49B | $6.16B | $3.57B | $4.15B | $3.66B | $3.2B | $2.35B | $1.66B | $2.33B | $2.88B | $2.88B | $2.31B | $2.41B | $2.25B | $2.17B | $1.89B | $1.68B | $1.45B | $1.3B | $1.25B | $1.16B | $1.05B | $958.8M | $848.1M |
| Income Tax Expense | $2.33B | $2.12B | $2.05B | $1.65B | $1.58B | $1.41B | $1.99B | $1.89B | $3.38B | $2.18B | $2.03B | $2.61B | $2.62B | $2.61B | $2.51B | $2.05B | $1.94B | $1.84B | $1.24B | $1.29B | $1.08B | $923.2M | $838.2M | $670M | $693.1M | $905M | $936.2M | $757.3M | $764.8M | $678.4M | $741.8M | $662.2M | $593.2M | $489.5M | $439.8M | $444M | $430M | $400.6M | $409.7M | $368.4M |
| Net Income | $8.56B | $8.22B | $8.47B | $6.18B | $7.55B | $4.73B | $6.03B | $5.92B | $5.19B | $4.69B | $4.53B | $4.76B | $5.59B | $5.46B | $5.5B | $4.95B | $4.55B | $4.31B | $2.4B | $3.54B | $2.6B | $2.28B | $1.47B | $893.5M | $1.64B | $1.98B | $1.95B | $1.55B | $1.64B | $1.57B | $1.43B | $1.22B | $1.08B | $958.6M | $859.6M | $802.3M | $727M | $645.9M | $549.1M | $479.7M |
| Net Income Margin | 31.9% | 31.7% | 33.2% | 26.6% | 32.5% | 24.6% | 28.6% | 28.2% | 22.8% | 19.0% | 17.8% | 17.3% | 19.9% | 19.8% | 20.4% | 20.5% | 20.0% | 18.3% | 10.5% | 17.0% | 13.6% | 12.3% | 8.6% | 5.8% | 11.0% | 13.9% | 14.7% | 12.5% | 14.4% | 14.7% | 14.6% | 14.7% | 14.6% | 13.4% | 12.8% | 12.1% | 11.8% | 11.6% | 11.2% | 11.6% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 12.00 | 11.45 | 11.63 | 8.39 | 10.11 | 6.35 | 7.95 | 7.61 | 6.43 | 5.49 | 4.82 | 4.85 | 5.59 | 5.41 | 5.33 | 4.64 | 4.17 | 3.83 | 2.02 | 2.87 | 2.06 | 1.81 | 1.16 | 0.70 | 1.28 | 1.49 | 1.44 | 1.14 | 1.18 | 1.11 | 0.99 | 0.84 | 0.73 | 0.65 | 0.59 | 0.55 | 0.49 | 0.43 | 0.37 | 0.32 |
| Diluted EPS | 11.95 | 11.39 | 11.56 | 8.33 | 10.04 | 6.31 | 7.88 | 7.54 | 6.37 | 5.44 | 4.80 | 4.82 | 5.55 | 5.36 | 5.27 | 4.58 | 4.11 | 3.76 | 1.98 | 2.83 | 2.04 | 1.79 | 1.15 | 0.70 | 1.25 | 1.46 | 1.39 | 1.10 | 1.15 | 1.08 | 0.99 | 0.84 | 0.71 | 0.64 | 0.57 | 0.54 | 0.48 | 0.43 | 0.37 | 0.32 |
| Weighted Average OS | 713.40M | 718.30M | 727.90M | 736.50M | 746.30M | 744.60M | 758.10M | 778.20M | 807.40M | 854.40M | 939.40M | 980.50M | 998.40M | 1.01B | 1.03B | 1.07B | 1.09B | 1.13B | 1.19B | 1.23B | 1.26B | 1.26B | 1.27B | 1.27B | 1.29B | 1.32B | 1.36B | 1.37B | 1.37B | 1.39B | 1.41B | 1.40B | 1.42B | 1.45B | 1.42B | 1.43B | 1.47B | 1.50B | 1.48B | 1.49B |
| EBITDA | $14.68B | $13.95B | $13.86B | $10.9B | $12.18B | $9.11B | $10.76B | $10.28B | $10.86B | $9.27B | $8.75B | $9.59B | $10.32B | $10.08B | $9.92B | $8.73B | $8.18B | $7.89B | $5.2B | $5.64B | $5.19B | $4.74B | $3.98B | $3.16B | $3.78B | $4.14B | $4.17B | $3.9B | $3.49B | $3.33B | $3.2B | $2.79B | $2.49B | $2.35B | $2.08B | $1.99B | $1.9B | $1.67B | $1.5B | $1.16B |
| EBITDA Margin | 54.6% | 53.8% | 54.4% | 47.0% | 52.5% | 47.4% | 51.0% | 48.9% | 47.6% | 37.6% | 34.4% | 35.0% | 36.7% | 36.6% | 36.7% | 36.3% | 35.9% | 33.5% | 22.8% | 27.0% | 27.1% | 25.5% | 23.2% | 20.5% | 25.4% | 29.1% | 31.5% | 31.4% | 30.6% | 31.2% | 32.7% | 33.5% | 33.6% | 33.0% | 31.1% | 30.0% | 30.9% | 29.9% | 30.7% | 28.0% |
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 | $774M | $1.08B | $4.58B | $2.58B | $4.71B | $3.45B | $898.5M | $866M | $2.46B | $1.22B | $7.69B | $2.08B | $2.8B | $2.34B | $2.34B | $2.39B | $1.8B | $2.06B | $1.98B | $2.13B | $4.26B | $1.38B | $492.8M | $330.4M | $418.1M | $421.7M | $419.5M | $299.2M | $341.4M | $329.9M | $334.8M | $179.9M | $185.8M | $436.5M | $220.2M | $142.8M | $137M | $184.4M | $183.2M | $205.1M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $774M | $1.08B | $4.58B | $2.58B | $4.71B | $3.45B | $898.5M | $866M | $2.46B | $1.22B | $7.69B | $2.08B | $2.8B | $2.34B | $2.34B | $2.39B | $1.8B | $2.06B | $1.98B | $2.13B | $4.26B | $1.38B | $492.8M | $330.4M | $418.1M | $421.7M | $419.5M | $299.2M | $341.4M | $329.9M | $334.8M | $179.9M | $185.8M | $436.5M | $220.2M | $142.8M | $137M | $184.4M | $183.2M | $205.1M |
| Accounts Receivable | $2.47B | $2.38B | $2.49B | $2.12B | $1.87B | $2.11B | $2.22B | $2.44B | $1.98B | $1.47B | $1.3B | $1.21B | $1.32B | $1.38B | $1.33B | $1.18B | $1.06B | $931.2M | $1.05B | $806.9M | $793.9M | $745.5M | $734.5M | $855.3M | $881.9M | $796.5M | $708.1M | $609.4M | $483.5M | $495.4M | $413.6M | $379.3M | $314.6M | $279.6M | $274.4M | $255M | $234M | $204M | $184M | $158.4M |
| Inventory | $61M | $56M | $53M | $52M | $55.6M | $51.1M | $50.2M | $51.1M | $58.8M | $58.9M | $100.1M | $110M | $123.7M | $121.7M | $116.8M | $109.9M | $106.2M | $111.5M | $125.3M | $112.4M | $144.3M | $147.5M | $129.4M | $111.7M | $105.5M | $99.3M | $82.7M | $77.3M | $70.5M | $69.6M | $58M | $50.5M | $43.5M | $43.5M | $42.6M | $42.9M | $46M | $48.5M | $48.5M | $38.1M |
| Other Current Assets | $862M | $1.07B | $866M | $673.4M | $0 | $0 | $0 | $0 | $0 | $1.53B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.83B | $380M | $0 | $0 | $0 | $0 | $344.9M | $362M | $323.5M | $246.9M | $207.6M | $149.4M | $131M | $118.9M | $105.1M | $108.8M | $108.3M | $78M | $79.5M | $67.9M | $71M |
| Total Current Assets | $4.16B | $4.6B | $7.99B | $5.42B | $7.15B | $6.24B | $3.56B | $4.05B | $5.33B | $4.85B | $9.64B | $4.19B | $5.05B | $4.92B | $4.4B | $4.37B | $3.42B | $3.52B | $3.58B | $5.19B | $6.22B | $2.86B | $1.89B | $1.72B | $1.82B | $1.66B | $1.57B | $1.31B | $1.14B | $1.1B | $955.8M | $740.7M | $662.8M | $864.7M | $646M | $549M | $495M | $516.4M | $483.6M | $472.6M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $42.85B | $38.63B | $38.42B | $36.34B | $38.27B | $38.79B | $37.42B | $22.84B | $22.45B | $21.26B | $23.12B | $24.56B | $25.75B | $24.68B | $22.83B | $22.06B | $21.53B | $20.25B | $20.98B | $19.44B | $19.57B | $20.7B | $19.92B | $18.58B | $17.29B | $17.05B | $16.32B | $16.04B | $14.96B | $14.35B | $12.81B | $11.33B | $10.08B | $9.6B | $9.56B | $9.05B | $7.76B | $6.8B | $5.82B | $4.88B |
| Goodwill | $3.35B | $3.15B | $3.04B | $2.9B | $2.78B | $2.77B | $2.68B | $2.33B | $2.38B | $2.34B | $2.52B | $2.74B | $2.87B | $2.8B | $2.65B | $2.59B | $2.43B | $2.24B | $2.3B | $2.07B | $1.92B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.06B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.83B | $1.67B | $1.56B | $1.42B | $1.44B | $1.26B | $0 | $827.5M | $747M | $534.8M | $483.1M | $415.7M | $389.7M | $369.1M | $384M | $326M | $314.8M | $261.7M | $232M |
| Long-Term Investments | $2.95B | $2.71B | $1.08B | $1.06B | $1.2B | $1.3B | $1.27B | $1.2B | $1.09B | $725.9M | $792.7M | $1B | $1.21B | $1.38B | $1.43B | $1.34B | $1.21B | $1.22B | $1.16B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $3.26B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $1.89B | $6.09B | $5.62B | $4.71B | $4.45B | $3.53B | $2.58B | $2.38B | $2.56B | $1.86B | $1.87B | $1.74B | $1.75B | $1.6B | $1.67B | $1.62B | $1.64B | $1.23B | $1.37B | $2.27B | $2.27B | $2.45B | $2.36B | $2.11B | $2.01B | $1.53B | $1.82B | $2.43B | $1.31B | $1.18B | $1.11B | $1.04B | $875.3M | $829.4M | $775.5M | $687.4M | $596M | $527.2M | $416.7M | $386.3M |
| Total Long-Term Assets | $55.35B | $50.58B | $48.16B | $45.01B | $46.71B | $46.38B | $43.95B | $28.76B | $28.48B | $26.18B | $28.3B | $30.04B | $31.58B | $30.46B | $28.59B | $27.61B | $26.81B | $24.94B | $25.81B | $23.78B | $23.77B | $24.98B | $23.95B | $22.26B | $20.72B | $20.02B | $19.41B | $18.48B | $17.1B | $16.28B | $14.46B | $12.85B | $11.37B | $10.82B | $10.7B | $10.12B | $8.68B | $7.64B | $6.5B | $5.5B |
| Other Assets | $0 | -$1M | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $59.52B | $55.18B | $56.15B | $50.44B | $53.85B | $52.63B | $47.51B | $32.81B | $33.8B | $31.02B | $37.94B | $34.23B | $36.63B | $35.39B | $32.99B | $31.98B | $30.22B | $28.46B | $29.39B | $28.97B | $29.99B | $27.84B | $25.84B | $23.97B | $22.53B | $21.68B | $20.98B | $19.78B | $18.24B | $17.39B | $15.41B | $13.59B | $12.04B | $11.68B | $11.35B | $10.67B | $9.18B | $8.16B | $6.98B | $5.97B |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $1.15B | $1.03B | $1.1B | $980.2M | $1.01B | $741.3M | $988.2M | $1.21B | $924.8M | $756M | $874.7M | $860.1M | $1.09B | $1.14B | $961.3M | $943.9M | $636M | $620.4M | $624.1M | $668.7M | $678M | $714.3M | $577.4M | $635.8M | $689.5M | $684.9M | $585.7M | $621.3M | $650.6M | $638M | $564.3M | $509.4M | $395.7M | $343.3M | $313.9M | $355.7M | $413M | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $2.19B | $0 | $0 | $2.24B | $59.1M | $0 | $0 | $77.2M | $0 | $0 | $0 | $0 | $366.6M | $8.3M | $18.1M | $31.8M | $1.99B | $17.7M | $1.2B | $862.2M | $388M | $275.8M | $362.5M | $630M | $1.62B | $854.8M | $1.63B | $693.3M | $578.2M | $1.05B | $223.3M | $680.4M | $347.4M | $363.7M | $135M | $157.7M | $99.3M | $189.4M |
| Current Income Tax Payable | $0 | $585M | $973.1M | $530M | $597.4M | $968.1M | $579.2M | $482M | $541.2M | $533.5M | $463.8M | $496.8M | $598.6M | $669.4M | $600.3M | $386.9M | $479.8M | $252.7M | $0 | $250.9M | $567.6M | $331.3M | $71.5M | $16.3M | $0 | $92.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $694.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $805.7M | $910.6M | $576.4M | $556.2M | $208.1M | $200.8M | $1.05B | $1.07B | $1.02B | $704.5M | $804M | $652.4M | $895M | $483M | $520.9M | $626.6M | $479.3M | $469M | $845.9M | $756.9M | $609.9M |
| Total Current Liabilities | $4.36B | $3.86B | $6.86B | $3.8B | $4.02B | $6.18B | $3.62B | $2.97B | $2.89B | $3.47B | $2.95B | $2.75B | $3.17B | $3.4B | $3.51B | $2.92B | $2.99B | $2.54B | $4.5B | $2.95B | $4.11B | $3.52B | $2.75B | $2.42B | $2.25B | $2.36B | $3.27B | $2.5B | $2.98B | $2.14B | $1.79B | $2.45B | $1.1B | $1.54B | $1.29B | $1.2B | $1.02B | $1B | $856.2M | $799.3M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $39.97B | $38.42B | $37.15B | $35.9B | $35.62B | $35.2B | $34.12B | $31.08B | $29.54B | $25.88B | $24.12B | $14.94B | $14.13B | $13.63B | $12.13B | $11.5B | $10.56B | $10.19B | $7.31B | $8.39B | $8.93B | $8.36B | $9.34B | $9.7B | $8.56B | $7.84B | $5.63B | $6.19B | $4.83B | $4.83B | $4.26B | $2.94B | $3.49B | $3.18B | $4.27B | $4.43B | $3.9B | $3.11B | $2.69B | $2.13B |
| Long-Term Unearned Revenue | $945M | $778M | $790M | $757.8M | $738.3M | $702M | $660.6M | $627.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $1.04B | $1.91B | $1.68B | $2B | $2.08B | $2.03B | $1.32B | $1.22B | $1.12B | $1.82B | $1.7B | $1.62B | $1.65B | $1.53B | $1.34B | $1.33B | $1.28B | $944.9M | $960.9M | $1.08B | $949.2M | $781.5M | $1.07B | $1B | $1.11B | $1.08B | $1.17B | $1.08B | $1.06B | $975.9M | $835.9M | $840.8M | $835.3M | $748.6M | $734.2M | $695.1M | $613M | $543.3M | $0 | $450.7M |
| Other Long-Term Liabilities | $842M | $1.11B | $1.31B | $1.84B | $2.98B | $3.02B | $3.25B | $3.18B | $3.53B | $2.06B | $2.07B | $2.07B | $1.67B | $1.53B | $1.61B | $1.59B | $1.36B | $1.41B | $1.34B | $1.1B | $851.5M | $976.7M | $699.8M | $560M | $1.13B | $1.19B | $1.26B | $552.1M | $507.8M | $726.5M | $0 | $56.2M | $0 | $319.2M | $224.5M | $162.7M | $94M | $87.9M | $523.6M | $139M |
| Total Long-Term Liabilities | $56.95B | $55.12B | $53.99B | $52.64B | $54.44B | $54.27B | $52.1B | $36.1B | $34.18B | $29.76B | $27.9B | $18.63B | $17.45B | $16.69B | $15.09B | $14.42B | $13.2B | $12.54B | $9.61B | $10.56B | $10.73B | $10.12B | $11.11B | $11.27B | $10.8B | $10.12B | $8.07B | $7.82B | $6.41B | $6.53B | $5.09B | $3.83B | $4.32B | $4.24B | $5.23B | $5.29B | $4.61B | $3.74B | $3.21B | $2.72B |
| 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 | $61.31B | $58.98B | $60.85B | $56.44B | $58.46B | $60.45B | $55.72B | $39.07B | $37.07B | $33.23B | $30.85B | $21.37B | $20.62B | $20.09B | $18.6B | $17.34B | $16.19B | $15.08B | $14.11B | $13.52B | $14.84B | $13.64B | $13.86B | $13.69B | $13.05B | $12.48B | $11.34B | $10.32B | $9.39B | $8.67B | $6.89B | $6.28B | $5.43B | $5.79B | $6.51B | $6.49B | $5.63B | $4.75B | $4.06B | $3.52B |
| 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 | $358M | $358M | $674.2M | $677.3M | $680.2M | $298.2M | $199.7M | $200M | $0 | $0 | $0 |
| Common Stock | $17M | $17M | $17M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $16.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $70.28B | $66.83B | $63.48B | $59.54B | $57.53B | $53.91B | $52.93B | $50.49B | $48.33B | $46.22B | $44.59B | $43.29B | $41.75B | $39.28B | $36.71B | $33.81B | $31.27B | $28.95B | $26.46B | $25.85B | $23.52B | $21.76B | $20.17B | $19.2B | $18.61B | $17.26B | $15.56B | $13.88B | $12.57B | $11.17B | $9.83B | $8.63B | $7.61B | $6.73B | $5.93B | $5.21B | $4.55B | $3.94B | $3.4B | $2.89B |
| Comprehensive Income & Other | -$2.41B | -$2.55B | -$2.46B | -$2.49B | -$2.57B | -$2.59B | -$2.48B | -$2.61B | -$2.18B | -$3.09B | -$2.88B | -$1.52B | $427.6M | $796.4M | $449.7M | $752.9M | $747.4M | $101.3M | $1.34B | -$296.7M | -$733.1M | -$178.8M | -$726M | -$1.7B | -$1.82B | -$1.4B | -$1.02B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$72.09B | -$70.65B | -$68.2B | -$65.56B | -$62.15B | -$61.75B | -$61.16B | -$56.76B | -$51.61B | -$48.44B | -$37.52B | -$30.46B | -$25.76B | -$24B | -$22.33B | -$19.19B | -$17.25B | -$15.59B | -$11.2B | -$10.4B | -$8.39B | -$7.57B | -$8.21B | -$8.94B | -$9.14B | -$8.07B | -$5.94B | -$4.41B | -$3.72B | -$2.45B | -$1.97B | -$1.74B | -$1.34B | -$834.9M | -$1.09B | -$1.03B | -$996M | -$522.4M | -$479.3M | -$445.1M |
| Total Equity | -$1.79B | -$3.8B | -$4.71B | -$6B | -$4.6B | -$7.82B | -$8.21B | -$6.26B | -$3.27B | -$2.2B | $7.09B | $12.85B | $16.01B | $15.29B | $14.39B | $14.63B | $14.03B | $13.38B | $15.28B | $15.46B | $15.15B | $14.2B | $11.98B | $10.28B | $9.49B | $9.2B | $9.64B | $9.46B | $8.85B | $8.72B | $7.86B | $6.89B | $6.27B | $5.89B | $4.84B | $4.18B | $3.55B | $3.41B | $2.92B | $2.45B |
| 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 | $664.7M | $422.8M | $334.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $59.52B | $55.18B | $56.15B | $50.44B | $53.85B | $52.63B | $47.51B | $32.81B | $33.8B | $31.02B | $37.94B | $34.23B | $36.63B | $35.39B | $32.99B | $31.98B | $30.22B | $28.46B | $29.39B | $28.97B | $29.99B | $27.84B | $25.84B | $23.97B | $22.53B | $21.68B | $20.98B | $19.78B | $18.24B | $17.39B | $14.75B | $13.17B | $11.7B | $11.68B | $11.35B | $10.67B | $9.18B | $8.16B | $6.98B | $5.97B |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $54.81B | $51.95B | $53.09B | $48.7B | $49.35B | $51.46B | $47.56B | $31.08B | $29.54B | $25.96B | $24.12B | $14.94B | $14.13B | $13.63B | $12.5B | $11.51B | $10.58B | $10.22B | $9.3B | $8.41B | $10.14B | $9.22B | $9.73B | $9.98B | $8.92B | $8.47B | $7.25B | $7.04B | $6.46B | $5.52B | $4.84B | $3.98B | $3.71B | $3.86B | $4.61B | $4.79B | $4.04B | $3.27B | $2.78B | $2.32B |
| Net Debt | $54.04B | $50.86B | $48.51B | $46.12B | $44.64B | $48.01B | $46.66B | $30.21B | $27.07B | $24.73B | $16.44B | $12.86B | $11.33B | $11.3B | $10.16B | $9.12B | $8.78B | $8.15B | $7.32B | $6.28B | $5.88B | $7.84B | $9.24B | $9.65B | $8.5B | $8.05B | $6.83B | $6.74B | $6.12B | $5.19B | $4.5B | $3.8B | $3.53B | $3.42B | $4.39B | $4.65B | $3.9B | $3.08B | $2.6B | $2.12B |
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 | $8.56B | $8.22B | $8.47B | $6.18B | $7.55B | $4.73B | $6.03B | $5.92B | $5.19B | $4.69B | $4.53B | $4.76B | $5.59B | $5.46B | $5.5B | $4.95B | $4.55B | $4.31B | $2.4B | $3.54B | $2.6B | $2.28B | $1.47B | $893.5M | $1.64B | $1.98B | $1.95B | $1.55B | $1.64B | $1.57B | $1.43B | $1.22B | $1.08B | $958.6M | $859.6M | $802.3M | $727M |
| Depreciation & Amortization | $2.2B | $2.1B | $1.98B | $1.87B | $1.87B | $1.75B | $1.62B | $1.48B | $1.36B | $1.52B | $1.56B | $1.64B | $1.59B | $1.49B | $1.42B | $1.28B | $1.22B | $1.21B | $1.21B | $1.25B | $1.25B | $1.2B | $1.15B | $1.05B | $1.09B | $1.01B | $956.3M | $881.1M | $793.8M | $742.9M | $709M | $628.6M | $568.4M | $554.9M | $514.2M | $493.3M | $438M |
| Deferred Income Tax | -$126M | -$574M | -$686M | -$345.7M | -$428.3M | $6.4M | $149.7M | $102.6M | -$36.4M | -$538.6M | -$1.4M | -$90.7M | $25.2M | $134.5M | $188.4M | -$75.7M | $203M | $101.5M | -$39.1M | $28.7M | -$38.3M | -$171.9M | $181.4M | -$44.6M | -$87.6M | $60.5M | $52.9M | $35.4M | -$1.1M | $32.9M | -$4.2M | -$5.6M | $52.4M | $22.4M | $64.7M | $70.8M | $68M |
| Stock-Based Compensation | $165M | $172M | $175.2M | $167M | $139.2M | $92.4M | $109.6M | $125.1M | $117.5M | $131.3M | $110M | $112.8M | $89.1M | $93.4M | $86.2M | $83.1M | $112.9M | $112.5M | $142.4M | $122.5M | $154.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | $231M | $10M | -$161M | -$264.1M | $309.9M | -$6.8M | $27M | -$479.4M | -$340.7M | -$159M | -$180.6M | $27M | $56.2M | -$29.4M | -$160.8M | -$50.1M | -$42M | $16.1M | -$100.2M | -$90.8M | -$56.5M | $64M | $64M | $1.6M | $0 | -$67.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$140M | $71M | $16.7M | $5.6M | -$62.2M | -$68.6M | $128.8M | -$1.9M | -$37.3M | $28.1M | $44.9M | -$4.9M | -$44.4M | -$27.2M | -$52.2M | -$50.8M | $1M | -$11M | -$29.6M | -$1.6M | -$29.4M | -$14.9M | -$30.2M | -$38.1M | -$62.9M | -$29.6M | -$47.7M | -$18.1M | -$34.5M | -$18.7M | -$20.4M | -$15M | -$9.6M | $2.2M | $400K | -$32.1M | $1M |
| Accounts Payable | $100M | -$10M | $50.4M | $31.3M | $225M | -$137.5M | -$26.8M | $129.4M | -$59.7M | $89.8M | -$15M | -$74.7M | -$60.7M | $124.1M | $35.8M | -$39.8M | -$2.2M | -$40.1M | -$36.7M | $82.8M | $35.8M | -$77.6M | -$77.6M | -$11.2M | $0 | $89.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$85M | -$509M | -$14.1M | -$417.4M | -$18.5M | $800K | $169.5M | -$120.8M | -$542.8M | $208.1M | $318.6M | -$11M | -$142.5M | -$190.6M | $217.2M | $11.7M | $214.2M | $280.8M | $130.3M | -$153.6M | $462.4M | $218.8M | -$147.2M | $448M | $65.5M | -$45.8M | $164.6M | $294.9M | $107.5M | $88.4M | $174.4M | $123.5M | -$13.9M | -$123.9M | -$15.7M | $37.7M | $12M |
| Total Working Capital Change | $106M | -$438M | -$108M | -$644.6M | $454.2M | -$212.1M | $298.5M | -$472.7M | -$980.5M | $167M | $167.9M | -$63.6M | -$191.4M | -$123.1M | $40M | -$129M | $171M | $245.8M | -$36.2M | -$163.2M | $412.3M | $190.3M | -$191M | $400.3M | $2.6M | -$52.9M | $116.9M | $276.8M | $73M | $69.7M | $154M | $108.5M | -$23.5M | -$121.7M | -$15.3M | $5.6M | $13M |
| Other Non-Cash Items | -$356M | -$33M | -$216.3M | $161.6M | -$436.9M | -$103.4M | -$79M | -$194.6M | -$105.1M | $96.9M | $177.6M | $369.5M | $26.8M | -$92M | -$82.6M | $240.7M | -$503.1M | -$63.6M | $1.2B | -$440.6M | -$43M | $405.7M | $622M | $491.5M | $50.4M | -$244.1M | -$65.1M | $22.9M | -$65.9M | $42.9M | $10.1M | -$29.7M | $0 | $11.7M | $0 | -$71M | $0 |
| Net Cash from Operating | $10.55B | $9.45B | $9.61B | $7.39B | $9.14B | $6.27B | $8.12B | $6.97B | $5.55B | $6.06B | $6.54B | $6.73B | $7.12B | $6.97B | $7.15B | $6.34B | $5.75B | $5.92B | $4.88B | $4.34B | $4.34B | $3.9B | $3.27B | $2.89B | $2.69B | $2.75B | $3.01B | $2.77B | $2.44B | $2.46B | $2.3B | $1.93B | $1.68B | $1.43B | $1.42B | $1.3B | $1.25B |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$3.37B | -$2.77B | -$2.36B | -$1.9B | -$2.04B | -$1.64B | -$2.39B | -$2.74B | -$1.85B | -$1.82B | -$1.81B | -$2.58B | -$2.82B | -$3.05B | -$2.73B | -$2.14B | -$1.95B | -$2.14B | -$1.95B | -$1.74B | -$1.61B | -$1.57B | -$1.68B | -$2.55B | -$2.24B | -$2.37B | -$2.21B | -$2B | -$2.22B | -$2.51B | -$2.06B | -$1.54B | -$1.32B | -$1.15B | -$1.13B | -$1.57B | -$1.55B |
| Acquisitions | $244M | -$2.19B | -$246M | -$322.2M | -$178M | $37.6M | -$48.9M | $589.5M | $2.49B | $866.1M | $413.6M | $319.4M | $259.1M | $236.2M | $325M | $194.5M | $260.3M | $331.8M | -$228.8M | $358.8M | -$343.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$50M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $50M | $144.9M | $229.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$701M | -$376M | -$581.2M | -$456.7M | $52.3M | $57.4M | -$628.5M | -$302.9M | -$79.1M | -$26.6M | -$19.7M | -$40.9M | -$108.2M | -$354.3M | -$166.1M | -$115M | -$108.4M | -$50.2M | $1.03B | $109.7M | $132.5M | $185.9M | $313.6M | $85.6M | $169.6M | $158M | -$53.3M | $49.5M | $7.6M | -$57.3M | -$45.3M | $32.7M | $98.9M | $152.3M | $189.1M | $48.2M | $42M |
| Net Cash from Investing | -$3.82B | -$5.35B | -$3.18B | -$2.68B | -$2.17B | -$1.55B | -$3.07B | -$2.46B | $562M | -$981.6M | -$1.42B | -$2.3B | -$2.67B | -$3.17B | -$2.57B | -$2.06B | -$1.66B | -$1.62B | -$1.15B | -$1.27B | -$1.82B | -$1.38B | -$1.37B | -$2.47B | -$2.07B | -$2.21B | -$2.26B | -$1.95B | -$2.22B | -$2.57B | -$2.11B | -$1.51B | -$1.22B | -$998.7M | -$939.7M | -$1.52B | -$1.51B |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | $78M | $397M | -$2.78B | -$1.17B | $1.09B | -$3.13B | -$2.44B | -$2.03B | -$3.08B | -$2.96B | -$9.17B | -$992.5M | -$721.8M | -$1.32B | -$743.3M | -$784.3M | -$504.7M | -$779M | -$471.3M | $2.3B | -$1.59B | $851.4M | $891.6M | -$145.5M | -$527.3M | -$1.68B | -$336.4M | -$262.4M | -$1B | -$779.3M | -$445.1M | -$245.7M | -$46.2M | $515M | $279.5M | -$497.6M | -$601M |
| Common Stock Issuance | $285M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.14B | $975.7M | $768.1M | $580.5M | $171.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $484.9M | $100M | $0 | $200M |
| Common Stock Repurchases | -$2.06B | -$2.82B | -$3.05B | -$3.9B | -$845.5M | -$907.8M | -$4.98B | -$5.21B | -$4.69B | -$11.17B | -$6.1B | -$3.2B | -$1.78B | -$2.62B | -$3.36B | -$2.7B | -$2.8B | -$3.92B | -$3.94B | -$2.96B | -$1.2B | -$621M | -$391M | -$670.2M | -$1.07B | -$2.02B | -$891.5M | -$1.09B | -$1.11B | -$599.9M | -$314.5M | -$495.6M | -$620.1M | -$79.7M | -$109.2M | -$160.3M | -$479M |
| Dividends Paid | -$5.12B | -$4.87B | -$4.53B | -$4.17B | -$3.92B | -$3.75B | -$3.58B | -$3.26B | -$3.09B | -$3.06B | -$3.23B | -$3.22B | -$3.11B | -$2.9B | -$2.61B | -$2.41B | -$2.24B | -$1.82B | -$1.77B | -$1.22B | -$842M | -$695M | -$503.5M | -$297.4M | -$287.7M | -$280.7M | -$264.7M | -$240.5M | -$247.7M | -$232M | -$226.5M | -$215.7M | -$201.2M | -$160.5M | -$148.3M | -$133.3M | -$115M |
| Other Financing Activities | -$167M | $270M | $220M | $286.4M | $239M | $173.5M | $327M | $383.2M | $436.3M | $296.4M | $309.6M | $293.5M | $314.1M | $457.3M | $435.9M | $127.4M | $392.6M | $582.5M | $1.14B | $272.6M | $25.2M | -$82.5M | -$121.9M | $310.9M | $204.8M | $88.9M | $193M | $207.6M | $145.7M | $157M | $63.6M | $39.4M | $62.6M | $59.4M | $30.9M | $23.4M | $13M |
| Net Cash from Financing | -$7.13B | -$7.5B | -$4.37B | -$6.58B | -$5.6B | -$2.25B | -$4.99B | -$5.95B | -$5.31B | -$11.26B | $735.3M | -$4.62B | -$4.04B | -$3.85B | -$4.53B | -$3.73B | -$4.42B | -$4.11B | -$4B | -$5.19B | $361.6M | -$1.63B | -$1.74B | -$511.2M | -$623.7M | -$536.7M | -$626.8M | -$860.3M | -$213.6M | $104.4M | -$32.3M | -$426.2M | -$712.5M | -$210.9M | -$406.1M | $227.4M | $220M |
| Forex Effect | $85M | -$101M | -$58M | -$253.8M | -$120.1M | $80.2M | -$23.7M | -$159.8M | $264M | -$103.7M | -$246.8M | -$527.9M | $58.7M | $51.4M | -$97.5M | $34.1M | $57.9M | -$95.9M | $123.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$818.1M | -$225.1M | $109.3M | -$187.2M | -$420.3M | -$461.8M | -$427.2M | -$483.5M | $221.5M | $267M |
| Net Change in Cash | -$311M | -$3.49B | $2B | -$2.13B | $1.26B | $2.55B | $32.5M | -$1.6B | $1.24B | -$6.46B | $5.61B | -$720.8M | $462.6M | $400K | -$51.3M | $591M | -$267.4M | $82.1M | -$146.8M | -$2.12B | $2.88B | $887M | $162.4M | -$87.7M | -$3.6M | $2.2M | $120.3M | -$860.3M | -$213.6M | $104.4M | -$32.3M | -$426.2M | -$712.5M | -$210.9M | -$406.1M | $227.4M | $220M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $10.55B | $9.45B | $9.61B | $7.39B | $9.14B | $6.27B | $8.12B | $6.97B | $5.55B | $6.06B | $6.54B | $6.73B | $7.12B | $6.97B | $7.15B | $6.34B | $5.75B | $5.92B | $4.88B | $4.34B | $4.34B | $3.9B | $3.27B | $2.89B | $2.69B | $2.75B | $3.01B | $2.77B | $2.44B | $2.46B | $2.3B | $1.93B | $1.68B | $1.43B | $1.42B | $1.3B | $1.25B |
| Capital Expenditure | -$3.37B | -$2.77B | -$2.36B | -$1.9B | -$2.04B | -$1.64B | -$2.39B | -$2.74B | -$1.85B | -$1.82B | -$1.81B | -$2.58B | -$2.82B | -$3.05B | -$2.73B | -$2.14B | -$1.95B | -$2.14B | -$1.95B | -$1.74B | -$1.61B | -$1.57B | -$1.68B | -$2.55B | -$2.24B | -$2.37B | -$2.21B | -$2B | -$2.22B | -$2.51B | -$2.06B | -$1.54B | -$1.32B | -$1.15B | -$1.13B | -$1.57B | -$1.55B |
| Free Cash Flow | $7.19B | $6.67B | $7.25B | $5.49B | $7.1B | $4.62B | $5.73B | $4.22B | $3.7B | $4.24B | $4.73B | $4.15B | $4.3B | $3.92B | $4.42B | $4.21B | $3.8B | $3.78B | $2.93B | $2.6B | $2.73B | $2.33B | $1.59B | $337.9M | $450.5M | $380.9M | $800.4M | $768.6M | $217.5M | -$52M | $232.5M | $387.6M | $362.9M | $274.9M | $294.4M | -$269.7M | -$309M |
| Cash at Beginning | $1.08B | $4.58B | $2.58B | $4.71B | $3.45B | $898.5M | $866M | $2.46B | $1.22B | $7.69B | $2.08B | $2.8B | $2.34B | $2.34B | $2.39B | $1.8B | $2.06B | $1.98B | $2.13B | $4.26B | $1.38B | $492.8M | $330.4M | $418.1M | $421.7M | $419.5M | $299.2M | $341.4M | $329.9M | $334.8M | $179.9M | $185.8M | $436.5M | $220.2M | $142.8M | $136.9M | $184M |
| Cash at End | $774M | $1.08B | $4.58B | $2.58B | $4.71B | $3.45B | $898.5M | $866M | $2.46B | $1.22B | $7.69B | $2.08B | $2.8B | $2.34B | $2.34B | $2.39B | $1.8B | $2.06B | $1.98B | $2.14B | $4.26B | $1.38B | $492.8M | $330.4M | $418.1M | $421.7M | $419.5M | -$518.9M | $116.3M | $439.2M | $147.6M | -$240.4M | -$276M | $9.3M | -$263.3M | $364.3M | $404M |