M&T BANK CORP (MTB-PJ)
M&T Bank Corporation serves as the parent organization for two key financial institutions: Manufacturers and Traders Trust Company and Wilmington Trust, National Association. This entity provides an extensive array of retail and commercial banking products and services throughout the United States. Its operations are structured across three main divisions: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management. The company's offerings for middle-market and large commercial clients include a diverse portfolio of credit instruments and banking solutions. These comprise commercial lending and leasing, letters of credit, commercial real estate loans, and credit facilities frequently backed by various commercial properties. Customers can also access a broad range of deposit vehicles, such as checking, savings, and time accounts, alongside other financial services. For individual consumers, M&T offers vehicle and leisure financing, home equity loans and credit lines, credit cards, and residential mortgages. Small businesses benefit from specialized services like business loans, cash management, payroll processing, and direct deposit, all accessible via its widespread branch network, telephone banking, online platforms, and automated teller machines. Furthermore, M&T provides sophisticated institutional services and wealth management. This encompasses trustee and agency functions, investment management, securities brokerage, and administrative support. Tailored wealth solutions are also available for individuals and families, including personal trusts, financial planning, fiduciary services, asset management, and family office support. The bank also markets investment products, such as mutual funds and annuities, to a diverse clientele including corporations, institutions, investment banking professionals, and senior corporate executives in finance, tax, and legal departments. M&T Bank Corporation was founded in 1856 and maintains its principal offices in Buffalo, New York.
Sector: State Commercial Banks
Industry: Banks - Regional
M&T Bank Corporation
Mkt Cap$31.29B
Float145.74M
O/S143.71M
Inst Own-
EarningsJan 19 · in 2mo
Dilution
Financials Summary
Revenue$12.31B
Net Income$2.85B
Total Assets$213.51B
Free Cash Flow$2.86B
Debt & Equity
Debt 29%
Equity 65%
Preferred 6%
Total Debt$13.06B
Total Equity$29.18B
Preferred Stock$2.83B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MTB-PJ's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$213.51B
Liabilities$184.33B
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$8.46B
Intangible Assets$64M
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 | $12.31B | $13.4B | $12.51B | $8.44B | $6.08B | $6.28B | $6.94B | $6.45B | $6.02B | $5.72B | $5B | $4.74B | $4.84B | $4.63B | $4.4B | $3.86B | $3.8B | $4.25B | $4.47B | $4.36B | $3.74B | $3.24B | $2.96B | $2.35B | $2.58B | $2.1B | $1.76B | $1.62B | $1.26B | $1.17B | $1.08B | $871M | $851.2M | $889.9M | $851M | $713M | $627.5M | $0 | $0 | $0 |
| YoY Growth | -8.2% | 7.2% | 48.2% | 38.9% | -3.3% | -9.5% | 7.5% | 7.2% | 5.2% | 14.5% | 5.5% | -2.1% | 4.5% | 5.3% | 13.9% | 1.7% | -10.7% | -4.8% | 2.5% | 16.6% | 15.3% | 9.6% | 25.6% | -8.7% | 23.0% | 19.1% | 8.5% | 29.0% | 7.7% | 8.3% | 23.7% | 2.3% | -4.3% | 4.6% | 19.4% | 13.6% | - | - | - | - |
| Cost of Revenue | $3.12B | $4.78B | $3.75B | $942M | $39M | $1.13B | $925.33M | $658.41M | $554.75M | $615.98M | $498.26M | $404.43M | $469.11M | $547.17M | $672.33M | $830.27M | $1.27B | $1.75B | $1.89B | $1.58B | $1.08B | $659.16M | $658.81M | $716.51M | $1.05B | $956.6M | $763.73M | $730.8M | $554.1M | $509.7M | $482.2M | $339.7M | $349.9M | $408.6M | $503.6M | $454.4M | $399.7M | $0 | $0 | $0 |
| Gross Profit | $9.19B | $8.62B | $8.75B | $7.5B | $6.04B | $5.15B | $6.02B | $5.8B | $5.46B | $5.11B | $4.5B | $4.33B | $4.37B | $4.08B | $3.73B | $3.03B | $2.53B | $2.5B | $2.58B | $2.78B | $2.66B | $2.58B | $2.3B | $1.64B | $1.53B | $1.14B | $997.27M | $891.6M | $703.9M | $657.9M | $595.5M | $531.3M | $501.3M | $481.3M | $347.4M | $258.6M | $227.8M | $0 | $0 | $0 |
| Gross Margin | 74.6% | 64.3% | 70.0% | 88.8% | 99.4% | 82.1% | 86.7% | 89.8% | 90.8% | 89.2% | 90.0% | 91.5% | 90.3% | 88.2% | 84.7% | 78.5% | 66.5% | 58.9% | 57.8% | 63.8% | 71.0% | 79.7% | 77.7% | 69.6% | 59.4% | 54.4% | 56.6% | 55.0% | 56.0% | 56.3% | 55.3% | 61.0% | 58.9% | 54.1% | 40.8% | 36.3% | 36.3% | - | - | - |
| 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 | $3.24B | $3.38B | $3.22B | $2.97B | $2.18B | $2.07B | $2.04B | $1.91B | $1.82B | $1.81B | $1.66B | $1.51B | $1.42B | $1.42B | $1.3B | $1.08B | $1.1B | $963.77M | $912.52M | $873.35M | $822.24M | $806.55M | $740.32M | $456.41M | $434.94M | $329.21M | $284.8M | $259.5M | $220M | $208.3M | $188.2M | $161.2M | $154.3M | $136.5M | $106.4M | $88M | $79.7M | $0 | $0 | $0 |
| Other | $2.25B | $1.93B | $1.91B | $1.92B | $1.4B | $1.32B | $1.43B | $1.38B | $1.32B | $1.24B | $1.16B | $1.18B | $1.18B | $1.12B | $1.2B | $861.57M | $908.07M | $800.67M | $706.24M | $678.4M | $662.9M | $709.47M | $707.86M | $464.62M | $513.38M | $365.24M | $294.18M | $306.5M | $201.8M | $200.6M | $186.2M | $175.6M | $173.5M | $182.1M | $126.2M | $85.9M | $71.8M | $44.5M | $40.3M | $26.2M |
| Total Operating Expenses | $5.49B | $5.31B | $5.13B | $4.88B | $3.58B | $3.39B | $3.47B | $3.29B | $3.14B | $3.05B | $2.82B | $2.69B | $2.6B | $2.53B | $2.5B | $1.94B | $2.01B | $1.76B | $1.62B | $1.55B | $1.49B | $1.52B | $1.45B | $921.03M | $948.32M | $694.45M | $578.98M | $566M | $421.8M | $408.9M | $374.4M | $336.8M | $327.8M | $318.6M | $232.6M | $173.9M | $151.5M | $44.5M | $40.3M | $26.2M |
| Operating Income (EBIT) | $3.69B | $3.31B | $3.62B | $2.61B | $2.46B | $1.77B | $2.55B | $2.51B | $2.32B | $2.06B | $1.67B | $1.64B | $1.77B | $1.55B | $1.22B | $1.09B | $519.29M | $739.78M | $963.54M | $1.23B | $1.17B | $1.07B | $850.67M | $716.48M | $583.9M | $446.41M | $418.3M | $325.6M | $282.1M | $249M | $221.1M | $194.5M | $173.5M | $162.7M | $114.8M | $84.7M | $76.3M | $44.5M | $40.3M | $26.2M |
| Operating Margin | 30.0% | 24.7% | 28.9% | 31.0% | 40.4% | 28.2% | 36.7% | 38.9% | 38.6% | 36.0% | 33.5% | 34.7% | 36.5% | 33.5% | 27.8% | 28.3% | 13.7% | 17.4% | 21.6% | 28.2% | 31.3% | 32.9% | 28.8% | 30.4% | 22.6% | 21.3% | 23.8% | 20.1% | 22.4% | 21.3% | 20.5% | 22.3% | 20.4% | 18.3% | 13.5% | 11.9% | 12.2% | - | - | - |
| Interest Expense | $3.54B | $4.17B | $3.11B | $425M | $114M | $326.39M | $749.33M | $526.41M | $386.75M | $425.98M | $328.26M | $280.43M | $284.11M | $343.17M | $402.33M | $462.27M | $669.45M | $1.34B | $1.69B | $1.5B | $994.35M | $564.16M | $527.81M | $594.51M | $943.6M | $918.6M | $719.23M | $687.6M | $508.1M | $466.4M | $441.8M | $279.2M | $269.9M | $323.6M | $440.2M | $427M | $384.4M | $0 | $0 | $0 |
| Interest Income | $10.49B | $11.03B | $10.22B | $6.25B | $3.94B | $4.19B | $4.88B | $4.6B | $4.17B | $3.9B | $3.17B | $2.96B | $2.96B | $2.94B | $2.79B | $2.73B | $2.73B | $3.28B | $3.54B | $3.31B | $2.79B | $2.3B | $2.13B | $1.84B | $2.1B | $1.77B | $1.48B | $1.36B | $1.07B | $997.4M | $928.2M | $747.3M | $740.7M | $755.6M | $769M | $657.4M | $576.6M | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $3.69B | $3.31B | $3.62B | $2.61B | $2.46B | $1.77B | $2.55B | $2.51B | $2.32B | $2.06B | $1.67B | $1.64B | $1.77B | $1.55B | $1.22B | $1.09B | $519.29M | $739.78M | $963.54M | $1.23B | $1.17B | $1.07B | $850.67M | $716.48M | $583.9M | $446.41M | $418.3M | $325.6M | $282.1M | $249M | $221.1M | $194.5M | $173.5M | $162.7M | $114.8M | $84.7M | $76.3M | $0 | $0 | $0 |
| Income Tax Expense | $841M | $722M | $878M | $620M | $596M | $416.37M | $618.11M | $590.16M | $915.56M | $743.28M | $595.02M | $576M | $627.09M | $523.03M | $365.12M | $356.63M | $139.4M | $183.89M | $309.28M | $392.45M | $388.74M | $344M | $276.73M | $231.39M | $205.82M | $160.25M | $152.7M | $117.6M | $105.9M | $97.9M | $90.1M | $77.2M | $71.5M | $64.8M | $47.6M | $30.8M | $25.6M | -$44.5M | -$40.3M | -$26.2M |
| Net Income | $2.85B | $2.59B | $2.74B | $1.99B | $1.86B | $1.35B | $1.93B | $1.92B | $1.41B | $1.32B | $1.08B | $1.07B | $1.14B | $1.03B | $859.48M | $736.16M | $379.89M | $555.89M | $654.26M | $839.19M | $782.18M | $722.52M | $573.94M | $485.09M | $378.07M | $286.16M | $265.6M | $208M | $176.2M | $151.1M | $131M | $117.3M | $102M | $97.9M | $67.2M | $53.9M | $41.2M | $44.5M | $40.3M | $26.2M |
| Net Income Margin | 23.2% | 19.3% | 21.9% | 23.6% | 30.6% | 21.5% | 27.8% | 29.7% | 23.4% | 23.0% | 21.6% | 22.5% | 23.5% | 22.2% | 19.5% | 19.1% | 10.0% | 13.1% | 14.6% | 19.2% | 20.9% | 22.3% | 19.4% | 20.6% | 14.7% | 13.6% | 15.1% | 12.8% | 14.0% | 12.9% | 12.2% | 13.5% | 12.0% | 11.0% | 7.9% | 7.6% | 6.6% | - | - | - |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 17.00 | 14.71 | 15.85 | 11.59 | 13.81 | 9.94 | 13.76 | 12.75 | 8.72 | 7.80 | 7.22 | 7.47 | 8.26 | 7.57 | 6.37 | 5.72 | 2.90 | 5.04 | 6.05 | 7.55 | 6.88 | 6.14 | 5.08 | 4.94 | 3.95 | 3.55 | 3.41 | 2.73 | 2.66 | 2.25 | 1.96 | 1.64 | 1.43 | 1.34 | 0.93 | 0.79 | 0.70 | 0.60 | 0.48 | 0.48 |
| Diluted EPS | 17.00 | 14.64 | 15.79 | 11.53 | 13.80 | 9.94 | 13.75 | 12.74 | 8.70 | 7.78 | 7.18 | 7.42 | 8.20 | 7.54 | 6.35 | 5.69 | 2.89 | 5.01 | 5.95 | 7.37 | 6.73 | 6.00 | 4.95 | 4.78 | 3.82 | 3.44 | 3.28 | 2.62 | 2.53 | 2.11 | 1.80 | 1.57 | 1.34 | 1.30 | 0.92 | 0.79 | 0.70 | 0.60 | 0.48 | 0.48 |
| Weighted Average OS | 156.55M | 166.48M | 166.36M | 163.17M | 128.67M | 128.68M | 134.41M | 138.51M | 152.24M | 156.86M | 136.80M | 131.00M | 137.83M | 136.00M | 134.93M | 118.19M | 114.66M | 110.30M | 108.13M | 111.17M | 113.69M | 117.70M | 112.98M | 98.20M | 95.72M | 80.61M | 77.89M | 76.19M | 66.24M | 66.76M | 65.00M | 69.54M | 68.81M | 70.37M | 69.14M | 68.23M | 58.86M | 74.17M | 83.96M | 54.58M |
| EBITDA | $4.19B | $3.82B | $4.12B | $3.05B | $2.78B | $2.09B | $2.85B | $2.69B | $2.52B | $2.26B | $1.85B | $1.84B | $1.97B | $1.76B | $1.42B | $1.28B | $710.21M | $925.57M | $1.14B | $1.41B | $1.34B | $1.26B | $1.04B | $846.27M | $777.84M | $570.54M | $515.3M | $405.2M | $324.5M | $285.3M | $253.2M | $212.1M | $189.7M | $198.8M | $124.4M | $92.8M | $83.2M | $44.5M | $40.3M | $26.2M |
| EBITDA Margin | 34.0% | 28.5% | 32.9% | 36.1% | 45.7% | 33.3% | 41.0% | 41.6% | 41.9% | 39.5% | 37.0% | 38.9% | 40.7% | 37.9% | 32.3% | 33.0% | 18.7% | 21.8% | 25.5% | 32.3% | 36.0% | 38.9% | 35.2% | 35.9% | 30.2% | 27.2% | 29.3% | 25.0% | 25.8% | 24.4% | 23.5% | 24.4% | 22.3% | 22.3% | 14.6% | 13.0% | 13.3% | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Assets | |||||||||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $18.77B | $20.78B | $29.8B | $26.48B | $43.21B | $25.22B | $8.62B | $9.71B | $6.5B | $6.32B | $8.96B | $7.76B | $3.22B | $2.11B | $1.6B | $1.01B | $1.36B | $1.56B | $1.74B | $1.61B | $1.49B | $1.34B | $1.89B | $971.63M | $970M | $753.36M | $593.9M | $723.6M | $387.6M | $497.3M | $489.6M | $381M | $580.2M | $687M | $336.5M | $704.7M | $541M |
| Short-Term Investments | $36.65B | $14.45B | $10.44B | $10.75B | $3.96B | $4.82B | $6.32B | $8.68B | $10.9B | $13.33B | $12.24B | $9.16B | $4.53B | $4.74B | $6.23B | $5.41B | $6.7B | $6.85B | $8.38B | $6.83B | $7.93B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $55.42B | $35.33B | $40.35B | $37.35B | $47.22B | $30.04B | $14.94B | $18.39B | $17.4B | $19.65B | $21.21B | $16.92B | $7.76B | $6.85B | $7.83B | $6.42B | $8.06B | $8.41B | $10.12B | $8.44B | $9.42B | $1.34B | $1.89B | $971.63M | $970M | $753.36M | $593.9M | $723.6M | $387.6M | $497.3M | $489.6M | $381M | $580.2M | $687M | $336.5M | $704.7M | $541M |
| Accounts Receivable | $0 | $0 | $2.81B | $2.58B | $1.1B | $1.25B | $1.41B | $1.41B | $1.43B | $1.42B | $1.35B | $1.34B | $1.4B | $1.47B | $1.53B | $1.65B | $1.88B | $1.72B | $1.62B | $1.42B | $1.29B | $1.72B | $1.74B | $1.16B | $1.08B | $1.01B | $717.6M | $707.6M | $489M | $257.4M | $265.3M | $249.9M | $145.6M | $165.9M | $170.5M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 Current Assets | $55.42B | $35.33B | $43.16B | $39.93B | $48.31B | $31.29B | $16.35B | $19.8B | $18.82B | $21.07B | $22.56B | $18.25B | $9.16B | $8.33B | $9.37B | $8.07B | $9.94B | $10.12B | $11.74B | $9.87B | $10.71B | $3.07B | $3.63B | $2.13B | $2.05B | $1.76B | $1.31B | $1.43B | $876.6M | $754.7M | $754.9M | $630.9M | $725.8M | $852.9M | $507M | $704.7M | $541M |
| Long-Term Assets | |||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $1.71B | $1.74B | $1.65B | $1.14B | $1.16B | $1.14B | $647.41M | $646.45M | $675.26M | $666.68M | $612.98M | $633.52M | $594.65M | $581.43M | $435.84M | $435.85M | $388.86M | $370.76M | $335.01M | $337.12M | $367.2M | $398.97M | $238.99M | $261.88M | $257.98M | $173.8M | $162.8M | $122M | $128.5M | $128.5M | $127.3M | $134.9M | $128.8M | $88.8M | $65.6M | $61.8M |
| Goodwill | $8.46B | $8.46B | $8.46B | $8.49B | $4.59B | $4.59B | $4.59B | $4.59B | $4.59B | $4.59B | $4.59B | $3.52B | $3.52B | $3.52B | $3.52B | $3.52B | $3.52B | $3.19B | $3.2B | $2.91B | $2.9B | $2.9B | $2.9B | $1.1B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $64M | $94M | $147M | $209M | $4M | $14.16M | $29.03M | $47.07M | $71.59M | $97.66M | $140.27M | $35.03M | $68.85M | $115.76M | $176.39M | $125.92M | $182.42M | $183.5M | $248.56M | $250.23M | $108.26M | $165.51M | $240.83M | $118.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $136.59B | $153B | $148.4B | $141.52B | $93.55B | $97.78B | $91.64B | $90.05B | $89.31B | $91.36B | $88.59B | $68.25B | $66.02B | $65.51B | $59.1B | $51.18B | $50.26B | $47.57B | $46.22B | $41.3B | $38.87B | $46.25B | $42.42B | $29.25B | $27.79B | $25.68B | $18.99B | $18.27B | $12.95B | $12.02B | $11.06B | $9.77B | $9.49B | $8.55B | $8.53B | $6.72B | $5.45B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $12.98B | $9.51B | $6.36B | $8.93B | $7.51B | $7.77B | $5.64B | $4.77B | $5.01B | $5.32B | $5.96B | $6.01B | $5.76B | $4.94B | $5.18B | $4.69B | $4.54B | $4.36B | $3.1B | $2.41B | $2.01B | $0 | $237.12M | $371.99M | $80.02M | $54.69M | $1.28B | $173.1M | -$100K | $0 | $0 | $0 | $100K | $53.5M | $0 | $224M | $178.7M |
| Total Long-Term Assets | $158.09B | $172.78B | $165.1B | $160.8B | $106.8B | $111.32B | $103.05B | $100.11B | $99.64B | $102.05B | $99.96B | $78.43B | $76.01B | $74.68B | $68.56B | $59.95B | $58.94B | $55.69B | $53.13B | $47.2B | $44.24B | $49.68B | $46.2B | $31.07B | $29.4B | $27.19B | $21.1B | $19.15B | $13.07B | $12.15B | $11.19B | $9.89B | $9.63B | $8.73B | $8.62B | $7.01B | $5.69B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $213.51B | $208.1B | $208.26B | $200.73B | $155.11B | $142.6B | $119.87B | $120.1B | $118.59B | $123.45B | $122.79B | $96.69B | $85.16B | $83.01B | $77.92B | $68.02B | $68.88B | $65.82B | $64.88B | $57.06B | $55.15B | $52.94B | $49.83B | $33.2B | $31.45B | $28.95B | $22.41B | $20.58B | $14B | $12.94B | $11.96B | $10.53B | $10.37B | $9.59B | $9.17B | $7.72B | $6.23B |
| Liabilities | |||||||||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $4.52B | $4.38B | $2.13B | $2.17B | $2.34B | $1.64B | $1.59B | $1.81B | $1.87B | $1.57B | $1.37B | $1.51B | $1.79B | $1.07B | $995.06M | $1.36B | $984.35M | $888.35M | $819.98M | $727.41M | $1.02B | $400.99M | $422.75M | $528.96M | $909.2M | $446.9M | $284.4M | $195.6M | $174.1M | $103.5M | $110.4M | $115.7M | $129.1M | $0 | $0 |
| Short-Term Debt | $2.15B | $1.06B | $5.32B | $3.56B | $47.05M | $59.48M | $164.04M | $4.81B | $771.97M | $1.41B | $4.03B | $1.59B | $1.66B | $2.47B | $2.18B | $2.57B | $4.07B | $4.63B | $7.45B | $4.12B | $5.53B | $4.7B | $4.44B | $3.43B | $3.05B | $2.07B | $2.55B | $2.23B | $1.1B | $1.15B | $1.27B | $1.36B | $2.1B | $692.7M | $1.02B | $971.8M | $834.6M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $171.27B | $161.09B | $163.27B | $163.51B | $131.54B | $119.81B | $94.77B | $90.16B | $92.43B | $95.49B | $91.96B | $73.58B | $67.12B | $65.61B | $59.39B | $49.81B | $47.45B | $42.58B | $41.27B | $39.91B | $37.1B | $35.43B | $33.11B | $21.66B | $21.58B | $20.23B | $15.37B | $14.74B | $11.16B | $10.51B | $9.47B | $8.24B | $7.35B | $8.08B | $7.47B | $6.2B | $4.87B |
| Total Current Liabilities | $173.42B | $162.16B | $173.11B | $171.45B | $133.72B | $122.03B | $97.27B | $96.6B | $94.8B | $98.72B | $97.86B | $76.74B | $70.15B | $69.6B | $65.16B | $54.52B | $53.51B | $49.95B | $50.68B | $44.92B | $43.45B | $40.86B | $38.57B | $25.5B | $25.05B | $22.83B | $18.84B | $17.41B | $12.54B | $11.86B | $10.92B | $9.71B | $9.57B | $8.89B | $8.63B | $7.17B | $5.71B |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $10.91B | $12.61B | $8.2B | $3.96B | $3.49B | $4.38B | $6.88B | $8.04B | $7.72B | $8.41B | $8.75B | $7.61B | $3.71B | $3.21B | $5.29B | $6.22B | $8.62B | $10.45B | $8.69B | $5.87B | $5.82B | $6.35B | $5.54B | $4.5B | $3.46B | $3.41B | $1.78B | $1.57B | $427.8M | $178M | $192.8M | $96.2M | $75M | $75M | $8.6M | $2.2M | $12M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax 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 |
| Other Long-Term Liabilities | $0 | $4.32B | $0 | $0 | $0 | $0 | $0 | $0 | -$175.1M | -$163.44M | $0 | $0 | $0 | $0 | -$1.79B | -$1.07B | -$995.06M | -$1.36B | -$984.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | -$100K | -$100K | $200K | -$100K | $0 | $102.2M | $109.2M |
| Total Long-Term Liabilities | $10.91B | $16.92B | $8.2B | $3.96B | $3.49B | $4.38B | $6.88B | $8.04B | $7.54B | $8.25B | $8.75B | $7.61B | $3.71B | $3.21B | $3.5B | $5.14B | $7.62B | $9.09B | $7.71B | $5.87B | $5.82B | $6.35B | $5.54B | $4.5B | $3.46B | $3.41B | $1.78B | $1.57B | $427.8M | $177.9M | $192.7M | $96.1M | $75.8M | $75.6M | $9.5M | $105.4M | $122.3M |
| 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 |
| Total Liabilities | $184.33B | $179.08B | $181.31B | $175.41B | $137.2B | $126.41B | $104.16B | $104.64B | $102.34B | $106.96B | $106.61B | $84.35B | $73.86B | $72.81B | $68.65B | $59.66B | $61.13B | $59.03B | $58.39B | $50.78B | $49.27B | $47.21B | $44.11B | $29.99B | $28.51B | $26.25B | $20.61B | $18.98B | $12.97B | $12.04B | $11.11B | $9.81B | $9.64B | $8.96B | $8.64B | $7.28B | $5.83B |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||||||
| Preferred Stock | $2.83B | $2.39B | $2.01B | $2.01B | $1.75B | $1.25B | $1.25B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $881.5M | $872.5M | $864.59M | $740.66M | $730.24M | $567.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $40M | $40M | $40M | $40M | $40M | $0 | $0 |
| Common Stock | $90M | $91M | $91M | $91M | $81.08M | $81.22M | $81.44M | $81.61M | $81.76M | $82.12M | $82.15M | $68.77M | $68.17M | $67.56M | $66.91M | $64.39M | $64.54M | $64.81M | $64.97M | $65.26M | $65.56M | $60.2M | $60.05M | $54.76M | $54.73M | $50.7M | $44.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $20.88B | $19.08B | $17.52B | $15.75B | $14.65B | $13.44B | $12.82B | $11.52B | $10.16B | $9.22B | $8.43B | $7.81B | $7.19B | $6.48B | $5.87B | $5.43B | $5.08B | $5.06B | $4.82B | $4.44B | $3.85B | $3.27B | $2.74B | $2.3B | $2.02B | $1.74B | $1.5B | $1.27B | $1.09B | $937.1M | $805.5M | $694.3M | $595.3M | $510M | $426.4M | $371.4M | $325.8M |
| Comprehensive Income & Other | $277M | -$164M | -$459M | -$790M | -$127.58M | -$63.03M | -$206.68M | -$420.08M | -$363.81M | -$294.64M | -$251.63M | -$180.99M | -$64.16M | -$240.26M | -$356.44M | -$205.22M | -$336M | -$736.88M | -$114.82M | -$53.57M | -$97.93M | -$11.43M | $31.98M | $54.77M | $22.82M | -$432K | -$26M | $2.9M | $12M | -$2.5M | -$3.2M | -$50.6M | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $8.21B | $9.86B | $9.34B | $9.47B | $3.18B | $2.66B | $2.81B | $3.86B | $6B | $7.18B | $7.66B | $4.46B | $4.05B | $3.66B | $3.34B | $2.87B | $2.61B | $1.66B | $1.6B | $1.77B | $1.96B | $2.4B | $2.92B | $855.87M | $867.02M | $914.14M | $251.1M | $331.3M | -$61.8M | -$31.4M | $40.8M | $26.7M | $128.6M | $116.8M | $109.4M | $65.8M | $80.5M |
| Total Equity | $29.18B | $29.03B | $26.96B | $25.32B | $17.9B | $16.19B | $15.72B | $15.46B | $16.25B | $16.49B | $16.17B | $12.34B | $11.31B | $10.2B | $9.27B | $8.36B | $7.75B | $6.78B | $6.49B | $6.28B | $5.88B | $5.73B | $5.72B | $3.21B | $2.94B | $2.7B | $1.8B | $1.6B | $1.03B | $905.7M | $846.3M | $721M | $723.9M | $626.8M | $535.8M | $437.2M | $406.3M |
| 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 |
| Total Liabilities and Equity | $213.51B | $208.1B | $208.26B | $200.73B | $155.11B | $142.6B | $119.87B | $120.1B | $118.59B | $123.45B | $122.79B | $96.69B | $85.16B | $83.01B | $77.92B | $68.02B | $68.88B | $65.82B | $64.88B | $57.06B | $55.15B | $52.94B | $49.83B | $33.2B | $31.45B | $28.95B | $22.41B | $20.58B | $14B | $12.94B | $11.96B | $10.53B | $10.37B | $9.59B | $9.17B | $7.72B | $6.23B |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Total Debt | $13.06B | $13.66B | $13.52B | $7.52B | $3.53B | $4.44B | $7.05B | $12.84B | $8.49B | $9.82B | $12.79B | $9.2B | $5.37B | $5.68B | $7.47B | $8.79B | $12.68B | $15.08B | $16.14B | $9.98B | $11.35B | $11.05B | $9.98B | $7.93B | $6.51B | $5.49B | $4.33B | $3.8B | $1.53B | $1.33B | $1.47B | $1.46B | $2.18B | $768.4M | $1.03B | $975M | $847.7M |
| Net Debt | -$5.71B | -$7.12B | -$16.28B | -$18.96B | -$39.68B | -$20.77B | -$1.57B | $3.13B | $1.99B | $3.5B | $3.82B | $1.44B | $2.14B | $3.57B | $5.86B | $7.78B | $11.32B | $13.53B | $14.4B | $8.37B | $9.86B | $9.71B | $8.09B | $6.96B | $5.54B | $4.73B | $3.74B | $3.07B | $1.14B | $830.9M | $976.4M | $1.08B | $1.6B | $81.4M | $695.4M | $270.3M | $306.7M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||||||||||
| Net Income | $2.85B | $2.59B | $2.74B | $1.99B | $1.86B | $1.35B | $1.93B | $1.92B | $1.41B | $1.32B | $1.08B | $1.07B | $1.14B | $1.03B | $859.48M | $736.16M | $379.89M | $555.89M | $654.26M | $839.19M | $782.18M | $722.52M | $573.94M | $485.09M | $378.07M | $286.16M | $265.6M | $208M | $176.2M | $151.1M | $131M | $117.3M | $102M | $97.9M | $67.2M | $53.9M | $50.7M |
| Depreciation & Amortization | $498M | $508M | $497M | $435M | $324M | $320.29M | $301.31M | $179M | $197.13M | $200.59M | $175.35M | $198.73M | $203.74M | $204.56M | $197.78M | $182.36M | $190.92M | $185.79M | $178.16M | $175.93M | $173.75M | $196.07M | $191.66M | $129.79M | $193.94M | $124.13M | $97M | $79.6M | $42.4M | $36.3M | $32.1M | $17.6M | $16.2M | $36.1M | $9.6M | $8.1M | $6.9M |
| Deferred Income Tax | $0 | -$27M | -$97M | -$30M | $87.16M | -$31.29M | $57.55M | $15.86M | $400.79M | $174.01M | $396.6M | $92.85M | $139.78M | $131.86M | $33.92M | $51.07M | $82.5M | -$17.02M | -$44.67M | -$68.25M | -$88.07M | -$137.6M | -$60.91M | -$25.46M | -$21.63M | -$5.91M | $1.8M | -$3M | -$7.3M | -$3.9M | -$7.4M | -$2.9M | -$23.7M | -$27.9M | $3.3M | $9.4M | $14.4M |
| Stock-Based Compensation | $136M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$358M | -$79M | $364M | $1.8B | $522M | -$1.65B | -$145.68M | -$156.36M | $645.75M | -$654.12M | -$20.47M | -$382.52M | -$624.7M | -$1.13B | $427.55M | $247.38M | -$239.06M | $326.64M | $220.72M | -$481.81M | -$680.56M | -$145.24M | $45.45M | -$62.99M | -$32.58M | -$8.99M | -$300K | -$295M | -$1M | -$1.5M | -$12.1M | $0 | $0 | $212.6M | $158M | -$16.7M | $9.4M |
| Total Working Capital Change | -$406M | -$79M | $364M | $1.8B | $521.72M | -$1.65B | -$145.68M | -$156.36M | $645.75M | -$654.12M | -$20.47M | -$382.52M | -$624.7M | -$1.13B | $427.55M | $247.38M | -$239.06M | $326.64M | $220.72M | -$481.81M | -$680.56M | -$145.24M | $45.45M | -$62.99M | -$32.58M | -$8.99M | -$300K | -$295M | -$1M | -$1.5M | -$12.1M | $0 | $0 | $212.6M | $158M | -$16.7M | $9.4M |
| Other Non-Cash Items | -$76M | $620M | $400M | $372M | -$76.88M | $801.57M | $215.23M | $133.27M | $129.96M | $147.81M | $111.27M | $123.73M | $75.03M | $260.92M | $253.51M | $458.68M | $775.14M | $577.12M | $326.28M | $74.8M | $111.07M | $88.61M | $486M | $112M | -$363.51M | -$48.74M | $242.5M | $47M | $149.1M | $52.2M | -$35.1M | $205.2M | $90.3M | -$1.4M | $21.6M | $29M | -$57.1M |
| Net Cash from Operating | $3B | $3.61B | $3.9B | $4.57B | $2.71B | $789.19M | $2.36B | $2.09B | $2.78B | $1.18B | $1.74B | $1.1B | $932.32M | $499.98M | $1.77B | $1.68B | $1.19B | $1.63B | $1.33B | $539.86M | $298.37M | $724.37M | $1.24B | $638.42M | $154.3M | $346.64M | $606.6M | $36.6M | $359.4M | $234.2M | $108.5M | $337.2M | $184.8M | $317.3M | $259.7M | $83.7M | $24.3M |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$1.19B | -$216M | -$256M | -$214M | -$149M | -$172.29M | -$178.05M | -$97.68M | -$78.97M | -$107.69M | -$81.94M | -$73.16M | -$129.56M | -$91.52M | -$70.01M | -$70.46M | -$58.97M | -$72.23M | -$56.68M | -$91.97M | -$76.91M | -$89.56M | -$31.63M | -$16.84M | -$23.74M | -$18.78M | -$22.9M | -$16.8M | -$13.3M | -$20.3M | -$17.5M | -$6.9M | -$22.3M | -$32.3M | -$28.9M | -$7.5M | -$6.7M |
| Acquisitions | -$683M | $0 | $0 | $394M | $0 | $0 | $0 | $0 | $0 | $0 | -$1.93B | $0 | $0 | $0 | -$151.06M | $213.2M | $202.99M | $0 | -$239.01M | $0 | $0 | $0 | $2.13B | -$2.65M | -$61.74M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$9.38B | -$14.94B | -$4.5B | -$9.57B | -$2.31B | -$48.58M | -$1.5B | -$1.29B | -$1.81B | -$3.78B | -$3.74B | -$5.42B | -$2.18B | -$327.12M | -$3.55B | -$1.45B | -$710.09M | -$1.32B | -$2.39B | -$867.3M | -$2.26B | -$5.06B | -$3.74B | -$2.24B | -$564.68M | -$458.42M | -$233.9M | -$910.8M | -$686.3M | -$593.2M | -$717.5M | -$97.1M | -$2.01B | -$901.2M | -$1.32B | -$626.7M | -$709.2M |
| Sales of Investments | $6.85B | $8.01B | $2.93B | $2.55B | $2.07B | $2.59B | $4.95B | $3.13B | $3.37B | $3.08B | $8.89B | $1.49B | $2.42B | $2.04B | $3.62B | $1.92B | $2.55B | $2.17B | $2.39B | $1.95B | $2.35B | $3.79B | $2.86B | $2.34B | $1.34B | $1.27B | $1.21B | $1.4B | $561.9M | $792.4M | $810.4M | $678M | $1.35B | $1.94B | $1.32B | $348.7M | $590.6M |
| Other Investing Activities | -$2.4B | $6.6B | -$6.05B | $23.43B | -$13.24B | -$24.39B | -$2.55B | -$3.15B | $1.91B | $89.69M | $4.58B | -$7.71B | -$2.31B | -$5.68B | $519.29M | -$133.64M | $517.74M | -$3.05B | -$4.49B | -$1.36B | -$1.58B | -$2.6B | -$1.5B | -$1.66B | -$1.13B | -$1.35B | -$949.3M | -$1.26B | -$880.8M | -$1.11B | -$1.26B | -$597.4M | -$213.5M | -$111.2M | $617.2M | $529M | -$134.5M |
| Net Cash from Investing | -$6.82B | -$550M | -$7.87B | $16.59B | -$13.63B | -$22.02B | $727.01M | -$1.41B | $3.39B | -$720.77M | $7.71B | -$11.71B | -$2.2B | -$4.06B | $368.93M | $475.41M | $2.5B | -$2.26B | -$4.78B | -$366.7M | -$1.58B | -$3.96B | -$278.53M | -$1.58B | -$445.09M | -$560.05M | $6.8M | -$786.3M | -$1.02B | -$927.5M | -$1.18B | -$23.4M | -$893.3M | $894.9M | $597.6M | $243.5M | -$259.8M |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Debt Repaid | $1.85B | -$4.49B | -$4.21B | -$92M | $843M | $2.67B | $1.55B | -$314.11M | $1.29B | $1.12B | $7.41B | -$3.92B | -$538.55M | $2.08B | $1.81B | $2.51B | $2.39B | -$1.63B | -$3.02B | -$705.14M | $125.41M | -$824.88M | $199.27M | -$1.03B | -$16.84M | -$968.67M | -$188.4M | -$871.9M | $200K | $14.9M | -$96.5M | $100K | $100K | -$73.4M | $900K | $9.9M | $500K |
| Common Stock Issuance | $440M | $733M | $0 | $0 | $495M | $0 | $396M | $0 | $0 | $495M | $3.11B | $346.5M | $0 | $0 | $495M | $0 | $272.82M | $600M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$2.63B | -$746M | -$594M | -$1.8B | -$495M | -$373.75M | -$1.73B | -$2.19B | -$1.21B | -$1.14B | -$3.27B | $0 | $0 | $0 | -$370M | $0 | -$1.55B | $0 | -$508.4M | -$373.86M | -$509.61M | -$610.26M | $0 | -$240.31M | -$323.74M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$899M | -$895M | -$868M | -$784M | -$580M | -$568.11M | -$552.14M | -$510.38M | -$457.4M | -$441.89M | -$375.02M | -$371.2M | -$365.35M | -$357.72M | -$350.13M | -$335.3M | -$325.71M | -$308.5M | -$281.9M | -$249.82M | -$198.62M | -$187.67M | -$135.42M | -$96.86M | -$95.87M | -$51.99M | -$35.1M | -$29M | -$21.2M | -$19.5M | -$19.8M | -$18.3M | -$16.7M | -$14.4M | -$12.2M | -$8.3M | -$7.6M |
| Other Financing Activities | $5.79B | -$2.07B | -$230M | -$21.01B | $11.71B | $25.03B | $4.59B | -$2.26B | -$3.06B | $3.72B | $574.16M | $6.56B | $1.65B | $6.29B | $773.83M | $1.95B | -$519.81M | $1.32B | -$965.78M | $1.94B | $1.79B | $2.41B | $590.66M | $145.24M | -$4.92M | -$286.9M | -$497.8M | -$174.3M | $763.1M | $1.04B | $1.14B | $412M | -$735.4M | -$692.5M | -$899.6M | -$355.3M | -$177.9M |
| Net Cash from Financing | $1.8B | -$2.88B | $4.18B | -$20.98B | $10.7B | $21.35B | -$3.25B | -$495.25M | -$6.08B | -$510.13M | -$9.46B | $10.31B | $957.57M | $4.1B | -$1.62B | -$2.46B | -$4.01B | $435.95M | $3.59B | -$38.65M | $1.4B | $2.7B | -$341.97M | $1.22B | $530.02M | -$255.38M | -$99.9M | $1.09B | $596M | $779.2M | $1.06B | -$458.2M | $656.8M | -$971.8M | -$822.1M | -$319.4M | $255.4M |
| 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 | -$100K | $0 | $0 | $0 | $0 | -$313.8M | $0 | $0 | $0 | -$327.2M | $0 |
| Net Change in Cash | -$2.01B | $178M | $211M | $182.67M | -$215M | $116.44M | -$169.13M | $184.55M | $100.34M | -$47.49M | -$5.32M | -$299.58M | -$313.68M | $534.22M | $518.64M | -$312.59M | -$321.81M | -$199.4M | $142.58M | $134.5M | $126.66M | -$535.98M | $615.65M | $277.38M | $239.23M | -$468.79M | $513.4M | $336M | -$63.1M | -$364.1M | -$380.9M | -$525.2M | -$577M | -$336.5M | -$301.3M | -$293.6M | -$273.6M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $3B | $3.61B | $3.9B | $4.57B | $2.71B | $789.19M | $2.36B | $2.09B | $2.78B | $1.18B | $1.74B | $1.1B | $932.32M | $499.98M | $1.77B | $1.68B | $1.19B | $1.63B | $1.33B | $539.86M | $298.37M | $724.37M | $1.24B | $638.42M | $154.3M | $346.64M | $606.6M | $36.6M | $359.4M | $234.2M | $108.5M | $337.2M | $184.8M | $317.3M | $259.7M | $83.7M | $24.3M |
| Capital Expenditure | -$143M | -$216M | -$256M | -$214M | -$149M | -$172.29M | -$178.05M | -$97.68M | -$78.97M | -$107.69M | -$81.94M | -$73.16M | -$129.56M | -$91.52M | -$70.01M | -$70.46M | -$58.97M | -$96.58M | -$109.73M | -$91.97M | -$76.91M | -$89.56M | -$31.63M | -$16.84M | -$23.74M | -$18.78M | -$22.9M | -$16.8M | -$13.3M | -$20.3M | -$17.5M | -$6.9M | -$22.3M | -$32.3M | -$28.9M | -$7.5M | -$6.7M |
| Free Cash Flow | $2.86B | $3.39B | $3.65B | $4.36B | $2.57B | $616.9M | $2.18B | $1.99B | $2.7B | $1.08B | $1.66B | $1.03B | $802.76M | $408.46M | $1.7B | $1.61B | $1.13B | $1.53B | $1.23B | $447.89M | $221.46M | $634.81M | $1.2B | $621.59M | $130.56M | $327.86M | $583.7M | $19.8M | $346.1M | $213.9M | $91M | $330.3M | $162.5M | $285M | $230.8M | $76.2M | $17.6M |
| Cash at Beginning | $20.78B | $1.73B | $1.52B | $1.34B | $1.55B | $1.44B | $1.61B | $1.42B | $1.32B | $1.37B | $1.37B | $1.67B | $1.99B | $1.45B | $933.75M | $1.25B | $1.57B | $1.77B | $1.62B | $1.49B | $1.36B | $1.9B | $1.28B | $1.01B | $767.52M | $1.24B | $722.9M | $386.9M | $450M | $1.44B | $67M | $1.23B | -$635.3M | $336.5M | $301.3M | $293.6M | $273.6M |
| Cash at End | $18.77B | $1.91B | $1.73B | $1.52B | $1.34B | $1.55B | $1.44B | $1.61B | $1.42B | $1.32B | $1.37B | $1.37B | $1.67B | $1.99B | $1.45B | $933.75M | $1.25B | $1.57B | $1.77B | $1.62B | $1.49B | $1.36B | $1.9B | $1.28B | $1.01B | $767.52M | $1.24B | $722.9M | $386.9M | $1.14B | $54.1M | $380.9M | -$465.2M | -$635.3M | -$520.8M | -$25.8M | $529M |