OPENLANE, Inc. (OPLN)
OPENLANE, Inc., including its various subsidiaries, functions as a leading digital platform designed for the transaction of pre-owned vehicles, connecting buyers and sellers across major markets in the United States, Canada, Continental Europe, and the United Kingdom. The company's operations are distinctly divided into two primary segments: Marketplace and Finance. The Marketplace segment offers comprehensive digital services for both acquiring and divesting used vehicles. This is augmented by an array of value-added ancillary services, such as inbound and outbound transportation logistics, vehicle reconditioning, detailed inspection and certification, titling assistance, administrative support, and collateral recovery. A key component of this segment is the OPENLANE platform, a mobile application-enabled solution that empowers dealerships to effectively source and sell their inventory. The clientele for this segment is diverse, including commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealerships, and vehicle manufacturers. Conversely, the Finance segment specializes in providing floorplan financing. This entails offering short-term, inventory-secured capital specifically to independent vehicle dealers. Established in 2006 and headquartered in Carmel, Indiana, the company underwent a name change in May 2023, transitioning from its former identity as KAR Auction Services, Inc. to OPENLANE, Inc.
Sector: Retail-Auto Dealers & Gasoline Stations
Industry: Auto - Dealerships
OPENLANE, Inc.
NYSE:OPLNConsumer Cyclical · Auto - Dealerships
-0.95%$37.69
AH Close$37.69+0.00%vs close
AH Close$37.69+0.00%vs close
Mkt Cap$4.63B
Float120.15M
O/S122.8M
Inst Own87.5%
SI1.7%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.93B
Net Income$177.7M
Total Assets$4.72B
Free Cash Flow$336.5M
Debt & Equity
Debt 44%
Equity 47%
Preferred 9%
Total Debt$1.42B
Total Equity$1.54B
Preferred Stock$289.8M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in OPLN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$4.72B
Liabilities$3.19B
Accounts Receivable$2.74B
Accounts Payable$665.8M
Inventory$0
PP&E (Net)$162.1M
Goodwill$1.24B
Intangible Assets$245.5M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $1.93B | $1.79B | $1.65B | $1.53B | $1.45B | $1.33B | $2.78B | $2.44B | $2.24B | $3.15B | $2.64B | $2.36B | $2.17B | $1.96B | $1.89B | $1.81B | $1.73B | $1.77B | $1.1B |
| YoY Growth | 8.2% | 8.7% | 7.6% | 5.4% | 9.3% | -52.3% | 13.9% | 9.1% | -28.9% | 19.3% | 11.6% | 8.8% | 10.7% | 4.1% | 3.9% | 4.9% | -2.4% | 60.6% | - |
| Cost of Revenue | $1.13B | $1.08B | $867.6M | $913.3M | $792.5M | $744.3M | $1.62B | $1.32B | $1.21B | $1.83B | $1.5B | $1.32B | $1.23B | $1.09B | $1.04B | $1B | $997.3M | $1.24B | $627.4M |
| Gross Profit | $801.1M | $708.7M | $777.5M | $615.9M | $658.1M | $582.6M | $1.16B | $1.12B | $1.03B | $1.32B | $1.14B | $1.05B | $941.1M | $876.3M | $851.1M | $813.3M | $732.3M | $535.6M | $475.4M |
| Gross Margin | 41.4% | 39.6% | 47.3% | 40.3% | 45.4% | 43.9% | 41.9% | 45.9% | 46.0% | 42.0% | 43.3% | 44.2% | 43.3% | 44.6% | 45.1% | 44.8% | 42.3% | 30.2% | 43.1% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $478.7M | $408.6M | $430.4M | $436.3M | $420.7M | $374.5M | $662M | $608.8M | $531.7M | $583.1M | $502M | $471.4M | $490M | $419.1M | $389.4M | $373.2M | $364.6M | $383.7M | $242.4M |
| Other | $0 | $117.9M | $352.3M | $84.9M | $109.9M | $138.9M | $188.7M | $172.4M | $171.5M | $240.6M | $212.8M | $196.6M | $194.4M | $190.2M | $179.8M | $171.3M | $172.4M | -$10.7M | $126.6M |
| Total Operating Expenses | $478.7M | $526.5M | $782.7M | $521.2M | $530.6M | $513.4M | $850.7M | $781.2M | $703.2M | $823.7M | $714.8M | $668M | $684.4M | $609.3M | $569.2M | $544.5M | $537M | $373M | $369M |
| Operating Income (EBIT) | $322.4M | $182.2M | -$5.2M | $94.7M | $127.5M | $69.2M | $314.1M | $340.1M | $326.5M | $499M | $427.3M | $377.7M | $256.7M | $267M | $281.9M | $268.8M | $195.3M | $162.6M | $106.4M |
| Operating Margin | 16.7% | 10.2% | -0.3% | 6.2% | 8.8% | 5.2% | 11.3% | 13.9% | 14.6% | 15.8% | 16.2% | 16.0% | 11.8% | 13.6% | 14.9% | 14.8% | 11.3% | 9.2% | 9.6% |
| Interest Expense | $128M | $21.8M | $155.8M | $40.2M | $125.7M | $128.2M | $189.5M | $192M | $164M | $138.8M | $91.4M | $86.2M | $104.7M | $119.4M | $143.1M | $141.4M | $172.6M | $215.2M | $162.3M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$130.2M | -$24.3M | -$141.3M | -$56.1M | -$113.2M | -$134M | -$184M | -$188.2M | -$168M | -$143.7M | -$86.8M | -$112.7M | -$107.5M | -$115.4M | -$191.9M | -$172M | -$161M | -$410.2M | -$154.7M |
| Income Before Tax (EBT) | $192.2M | $157.9M | -$146.5M | $38.6M | $14.3M | -$64.8M | $130.1M | $151.9M | $158.4M | $355.3M | $340.5M | $265M | $149.2M | $151.6M | $90M | $96.8M | $34.3M | -$247.6M | -$48.3M |
| Income Tax Expense | $14.5M | $48M | $8.3M | $10M | $15.1M | -$11.2M | $37.7M | $34.3M | -$15.6M | $132.9M | $125.9M | $95.7M | $81.5M | $59.6M | $17.8M | $27.2M | $11.1M | -$31.4M | -$10M |
| Net Income | $177.7M | $109.9M | -$154.1M | $241.2M | $66.5M | $500K | $188.5M | $328M | $362M | $222.4M | $214.6M | $169.3M | $67.7M | $92M | $72.2M | $69.6M | $23.2M | -$216.2M | -$38.3M |
| Net Income Margin | 9.2% | 6.1% | -9.4% | 15.8% | 4.6% | 0.0% | 6.8% | 13.4% | 16.2% | 7.1% | 8.1% | 7.2% | 3.1% | 4.7% | 3.8% | 3.8% | 1.3% | -12.2% | -3.5% |
| Supplementary Data | |||||||||||||||||||
| EPS | -0.96 | 0.46 | -1.82 | 1.73 | 0.28 | -0.16 | 1.43 | 2.44 | 2.66 | 1.62 | 1.53 | 1.21 | 0.49 | 0.67 | 0.53 | 0.52 | 0.21 | -2.02 | -0.36 |
| Diluted EPS | -0.96 | 0.45 | -1.82 | 1.73 | 0.28 | -0.16 | 1.42 | 2.42 | 2.62 | 1.60 | 1.51 | 1.19 | 0.48 | 0.66 | 0.52 | 0.51 | 0.21 | -2.02 | -0.36 |
| Weighted Average OS | 106.70M | 108.00M | 109.10M | 116.30M | 123.00M | 129.30M | 131.60M | 134.43M | 136.09M | 137.28M | 140.26M | 139.92M | 138.16M | 137.31M | 136.00M | 134.90M | 110.48M | 106.90M | 106.70M |
| EBITDA | $411.9M | $274.9M | $110.8M | $179M | $249.9M | $172.5M | $508.3M | $521.3M | $734.3M | $734.7M | $640.1M | $547.8M | $448.3M | $461.2M | $394.3M | $409.5M | $356.8M | $150.4M | $240.6M |
| EBITDA Margin | 21.3% | 15.4% | 6.7% | 11.7% | 17.2% | 13.0% | 18.3% | 21.3% | 32.8% | 23.3% | 24.2% | 23.2% | 20.6% | 23.5% | 20.9% | 22.6% | 20.6% | 8.5% | 21.8% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | |||||||||||||||||||
| Current Assets | |||||||||||||||||||
| Cash and Cash Equivalents | $141.5M | $143M | $93.5M | $225.7M | $177.6M | $752.1M | $507.6M | $277.1M | $317.2M | $201.8M | $155M | $152.9M | $191.6M | $108.7M | $97.4M | $119.1M | $363.9M | $174.3M | $204.1M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $141.5M | $143M | $93.5M | $225.7M | $177.6M | $752.1M | $507.6M | $277.1M | $317.2M | $201.8M | $155M | $152.9M | $191.6M | $108.7M | $97.4M | $119.1M | $363.9M | $174.3M | $204.1M |
| Accounts Receivable | $2.74B | $2.57B | $2.57B | $2.67B | $2.89B | $2.26B | $2.56B | $2.46B | $2.63B | $2.46B | $2.14B | $1.76B | $1.45B | $1.34B | $1.17B | $1.03B | $490.5M | $488M | $596.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27.6M | $19.4M | $17.9M | $16.2M | $17M | $18.8M | $11.9M | $45.7M | $49.4M | $9.3M | $0 | $46.2M |
| Other Current Assets | $130.6M | $137.6M | $174.6M | $130.9M | $326.9M | $166.9M | $179.2M | $554.1M | $175.7M | $158.4M | $131M | $140.7M | $127.2M | $122.2M | $58.5M | $52.4M | -$2.3M | $90.4M | $54.8M |
| Total Current Assets | $3.01B | $2.85B | $2.84B | $3.02B | $3.39B | $3.18B | $3.24B | $3.31B | $3.14B | $2.84B | $2.45B | $2.07B | $1.79B | $1.58B | $1.37B | $1.25B | $941.9M | $752.7M | $901.8M |
| Long-Term Assets | |||||||||||||||||||
| Property, Plant & Equipment Net | $162.1M | $216.4M | $245.7M | $208.4M | $238.2M | $940.5M | $973.1M | $976.2M | $908.2M | $842.5M | $766.9M | $727.9M | $703.8M | $700.7M | $686.7M | $680.5M | $683.2M | $721.7M | $773.2M |
| Goodwill | $1.24B | $1.22B | $1.27B | $1.46B | $1.6B | $2.14B | $1.82B | $2.21B | $2.19B | $2.06B | $1.8B | $1.71B | $1.71B | $1.68B | $1.68B | $1.55B | $1.53B | $1.52B | $1.62B |
| Intangible Assets | $245.5M | $278.5M | $317.6M | $367.2M | $402.4M | $501.5M | $506.4M | $702.1M | $747M | $816.9M | $782.9M | $843.5M | $926.8M | $960.6M | $999.9M | $982.4M | $344.8M | $264.7M | $251.4M |
| Long-Term Investments | $29.1M | $0 | $0 | $0 | $0 | $0 | $0 | -$229.7M | -$213.5M | -$327.5M | -$334.9M | -$369.6M | -$366.7M | -$330.2M | -$295.3M | -$326.3M | -$328.2M | -$10.1B | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $188.4M | $192.7M | $291.7M | $300.8M | $333.4M | $354.8M | $318.6M | $323.9M | $326.3M | $328.2M | $10.1B | $0 |
| Other Long-Term Assets | $32.5M | $53M | $49.9M | $57.3M | $1.82B | $40.8M | $35.5M | $41.3M | $20.8M | $35.8M | $34.1M | $36.2M | $11.9M | $11.6M | $11.2M | $53.3M | $753.3M | $893.8M | $986.8M |
| Total Long-Term Assets | $1.71B | $1.77B | $1.88B | $2.1B | $4.06B | $3.62B | $3.34B | $3.89B | $3.85B | $3.72B | $3.35B | $3.28B | $3.34B | $3.34B | $3.41B | $3.27B | $3.31B | $3.4B | $3.63B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $4.72B | $4.62B | $4.73B | $5.12B | $7.45B | $6.8B | $6.58B | $7.21B | $6.98B | $6.56B | $5.79B | $5.35B | $5.13B | $4.92B | $4.78B | $4.53B | $4.25B | $4.16B | $4.53B |
| Liabilities | |||||||||||||||||||
| Current Liabilities | |||||||||||||||||||
| Accounts Payable | $665.8M | $547.6M | $556.6M | $551.2M | $785.3M | $688.9M | $704.6M | $691.3M | $682.7M | $648.5M | $608.4M | $471.7M | $435.5M | $388.4M | $367.8M | $287.7M | $262.7M | $283.4M | $292.8M |
| Short-Term Debt | $840.1M | $222.5M | $154.6M | $288.7M | $16.3M | $24.3M | $28.8M | $1.46B | $12.4M | $1.39B | $1.34B | $882.9M | $804.9M | $43.7M | $85.9M | $520.1M | $225.6M | $4.5M | $15.6M |
| Current Income Tax Payable | $21.4M | $10.6M | $9.8M | $6.9M | $7.9M | $3.2M | $1.1M | $2.9M | $5.8M | $5M | $5.3M | $5.5M | $2.3M | $600K | $500K | $2.9M | $2.7M | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $974.5M | $1.7B | $1.67B | $1.71B | $2.09B | $1.34B | $1.53B | $284.3M | $1.36B | $100K | $100K | $200K | $100K | $776.8M | $668M | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $2.6B | $2.57B | $2.48B | $2.64B | $3.01B | $2.25B | $2.52B | $2.62B | $2.39B | $2.33B | $2.21B | $1.59B | $1.43B | $1.29B | $1.2B | $966.8M | $642.4M | $448.4M | $459.7M |
| Long-Term Liabilities | |||||||||||||||||||
| Long-Term Debt | $530.1M | $0 | $202.4M | $205.3M | $1.85B | $1.85B | $1.86B | $2.65B | $2.67B | $2.37B | $1.71B | $1.74B | $1.73B | $1.77B | $1.82B | $1.88B | $2.05B | $2.52B | $2.6B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$192.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $600K | $24.4M | $20.9M | $54M | $138.4M | $128.6M | $134.5M | $125.3M | $192.7M | $291.7M | $300.8M | $333.4M | $354.8M | $318.6M | $323.9M | $326.3M | $328.2M | $335.8M | $378.1M |
| Other Long-Term Liabilities | $6.2M | $629.3M | $14.3M | $5.9M | $258.3M | $605.2M | $59.2M | $337.6M | $442.5M | $168.5M | $159.5M | $108M | $90.6M | $68.4M | $71.6M | $111.6M | $80.9M | $99.8M | $78.3M |
| Total Long-Term Liabilities | $589.9M | $714.1M | $308M | $345.8M | $2.34B | $2.93B | $2.41B | $3.12B | $3.11B | $2.83B | $2.18B | $2.21B | $2.21B | $2.19B | $2.24B | $2.31B | $2.47B | $2.96B | $3.06B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.19B | $3.28B | $2.79B | $2.99B | $5.35B | $5.18B | $4.93B | $5.74B | $5.5B | $5.16B | $4.41B | $3.8B | $3.65B | $3.48B | $3.44B | $3.28B | $3.11B | $3.41B | $3.52B |
| Stockholders' Equity | |||||||||||||||||||
| Preferred Stock | $289.8M | $0 | $612.5M | $612.5M | $590.9M | $0 | $0 | $0 | $0 | $0 | $0 | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.1M | $1.1M | $1.1M | $1.1M | $1.2M | $1.3M | $1.3M | $1.3M | $1.3M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | $1.1M | $1.1M |
| Retained Earnings | $586.7M | $689.8M | $624.4M | $822.9M | $625.7M | $600.7M | $651M | $392.3M | $257M | $74.1M | $17.3M | -$46.4M | -$72.3M | -$26.7M | -$92.7M | -$164.9M | -$234.5M | -$257.7M | -$41.5M |
| Comprehensive Income & Other | -$39.9M | -$69.1M | -$36.7M | -$49.5M | -$24.7M | -$32.7M | -$31M | -$61.2M | -$25.2M | -$49.3M | -$40.2M | -$1.6M | $18.7M | $35.1M | $28.1M | $26.5M | $19.4M | -$21.5M | $27.1M |
| Other Stockholders' Equity | $949.5M | $651.8M | $1.31B | $1.31B | $1.48B | $1.01B | $997.9M | $1.07B | $1.23B | $1.32B | $1.37B | $1.59B | $1.55B | $1.47B | $1.43B | $1.41B | $1.37B | $1.01B | $1.05B |
| Total Equity | $1.54B | $1.34B | $1.94B | $2.13B | $2.1B | $1.62B | $1.65B | $1.46B | $1.48B | $1.4B | $1.39B | $1.55B | $1.48B | $1.44B | $1.34B | $1.24B | $1.14B | $750.7M | $1.01B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.72B | $4.62B | $4.73B | $5.12B | $7.45B | $6.8B | $6.58B | $7.21B | $6.98B | $6.56B | $5.79B | $5.35B | $5.13B | $4.92B | $4.78B | $4.53B | $4.25B | $4.16B | $4.53B |
| Supplementary Data | |||||||||||||||||||
| Total Debt | $1.42B | $282.9M | $427.4M | $573.7M | $1.95B | $2.22B | $2.25B | $4.11B | $2.68B | $3.75B | $3.05B | $2.66B | $2.57B | $1.82B | $1.9B | $1.88B | $2.27B | $2.53B | $2.62B |
| Net Debt | $1.28B | $139.9M | $333.9M | $348M | $1.78B | $1.47B | $1.74B | $3.84B | $2.36B | $3.55B | $2.9B | $2.5B | $2.38B | $1.71B | $1.81B | $1.76B | $1.91B | $2.35B | $2.41B |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||||||||||||||
| Net Income | $177.7M | $93.6M | -$154.8M | $241.2M | $66.5M | $500K | $188.5M | $328M | $362M | $222.4M | $214.6M | $169.3M | $67.7M | $92M | $72.2M | $69.6M | $23.2M | -$216.2M | -$38.3M |
| Depreciation & Amortization | $91.7M | $95.2M | $101.5M | $100.2M | $109.9M | $109.1M | $188.7M | $172.4M | $171.5M | $240.6M | $212.8M | $196.6M | $194.4M | $190.2M | $179.8M | $171.3M | $172.4M | $182.8M | $126.6M |
| Deferred Income Tax | -$31.9M | $1.7M | -$29.8M | -$2.3M | $4.4M | -$500K | -$3.3M | $3M | -$72.3M | -$4.2M | $5M | -$24.5M | $22.7M | -$3.7M | -$3.5M | -$2.3M | -$8.8M | -$55.6M | -$21.8M |
| Stock-Based Compensation | $14.6M | $0 | $16.5M | $16.6M | $13.2M | $11.8M | $19.6M | $19.6M | $20.4M | $18.1M | $11.7M | $28M | $67.2M | $23.2M | $17M | $19.8M | $16.4M | -$3.8M | $6.7M |
| Changes in Working Capital: | |||||||||||||||||||
| Accounts Receivable | -$69.1M | $0 | -$66M | $107.7M | -$81M | $42.6M | -$3M | -$49M | $4.1M | -$194.7M | -$127M | -$52.3M | $11.8M | -$80M | $1.5M | $106.4M | $18.2M | $104.5M | $105.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | -$4.6M | $39.8M | -$240.8M | $143.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$38.1M | $30.2M | -$2.7M | $4.2M | $0 |
| Other Working Capital | $150.2M | $44.4M | $0 | $0 | $0 | -$22M | $19.8M | $127.9M | $600K | $31.5M | $136.1M | $60.5M | $44M | $40.1M | $0 | $0 | $0 | $0 | -$98.5M |
| Total Working Capital Change | $81.1M | $39.8M | -$26.2M | -$133.1M | $62.9M | $20.6M | $16.8M | $78.9M | $4.7M | -$163.2M | $9.1M | $8.2M | $55.8M | -$39.9M | -$36.6M | $136.6M | $15.5M | $108.7M | $6.7M |
| Other Non-Cash Items | $58.7M | $46M | $321.5M | -$689.2M | $155.7M | $242.9M | $131.7M | $121M | $111.2M | $64.3M | $28.9M | $53.7M | $26.2M | $28.4M | $76.9M | $72.6M | $32.1M | $209M | $16.9M |
| Net Cash from Operating | $391.9M | $276.3M | $228.7M | -$466.6M | $412.6M | $384.4M | $542M | $722.9M | $597.5M | $378M | $482.1M | $431.3M | $434M | $290.2M | $305.8M | $467.6M | $250.8M | $224.9M | $96.8M |
| Investing Activities | |||||||||||||||||||
| Capital Expenditures | -$55.4M | -$53M | -$52M | -$60.9M | -$64.2M | -$62.8M | -$161.6M | -$131.3M | -$97.3M | -$155.1M | -$134.7M | -$101M | -$96.6M | -$102M | -$85.8M | -$78.9M | -$65.6M | -$129.6M | -$62.7M |
| Acquisitions | $0 | $80.7M | -$102.7M | $39.4M | -$519.6M | -$396.7M | -$120.7M | -$45.2M | -$77.4M | -$432.1M | -$118.1M | -$31.9M | -$45.8M | -$1.1M | -$214.6M | -$48.7M | -$7.1M | -$155.3M | -$2.31B |
| Purchases of Investments | -$1.5M | -$99.5M | -$1.3M | -$6.7M | -$641.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$120.1M | -$669M | -$10.6M | $0 | $0 |
| Sales of Investments | $800K | $900K | $64.8M | $98.2M | $38.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $30.9M | $0 |
| Other Investing Activities | -$92.9M | $0 | $7.7M | $0 | $0 | $132.9M | -$170.1M | -$204.7M | -$203.6M | -$176.4M | -$294.8M | -$279.9M | -$125.5M | -$124.5M | $700K | $2.7M | $14.5M | $81.9M | -$13.1M |
| Net Cash from Investing | -$149M | -$70.9M | -$83.5M | $70M | -$1.19B | -$326.6M | -$452.4M | -$381.2M | -$378.3M | -$763.6M | -$547.6M | -$412.8M | -$267.9M | -$227.6M | -$419.8M | -$793.9M | -$68.8M | -$172.1M | -$2.38B |
| Financing Activities | |||||||||||||||||||
| Debt Repaid | -$313.1M | $132.6M | -$4M | $790.6M | $23.1M | $16.9M | $798M | $32.4M | -$186.5M | -$588.8M | -$98M | $37.3M | $68.8M | $99.8M | $1.9M | $425.7M | $250M | $59.3M | -$2.58B |
| Common Stock Issuance | $9.6M | $1.4M | $2.7M | $1.4M | $31.5M | $15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6M | $4.9M | $310.3M | $0 | $710.5M |
| Common Stock Repurchases | -$604.9M | -$30M | -$22.2M | -$182.2M | -$180.9M | -$10.2M | -$119.7M | -$150M | -$150M | -$80.4M | -$227.6M | $0 | $0 | $0 | $0 | $0 | $0 | -$100K | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | -$49M | -$164.3M | -$188.3M | -$174.8M | -$157.1M | -$151.9M | -$139.9M | -$78.6M | -$26M | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $622.2M | -$2.7M | -$157.4M | -$618.2M | -$47.3M | -$283.4M | $1.24B | $71.3M | $30.7M | $84.7M | $368.9M | $128.7M | $70.8M | $72.3M | $88.9M | $501.8M | -$7M | $0 | $0 |
| Net Cash from Financing | -$257.9M | -$158.8M | -$273.2M | -$1.61B | $204.6M | $194.8M | $153.8M | -$320.1M | -$107.6M | $436M | $87.4M | -$48.5M | -$76.6M | -$53.5M | $93M | $81M | $22.8M | -$94.7M | $2.49B |
| Forex Effect | $16.7M | -$21.8M | $9.2M | $2.08B | -$39.7M | -$1.2M | $12.8M | -$20.4M | $14M | -$1.9M | -$19.8M | -$8.7M | -$6.6M | $2.2M | -$700K | $500K | $700K | -$3.8M | $300K |
| Net Change in Cash | $1.7M | $24.8M | -$118.8M | $74.3M | -$608.9M | $330.9M | $256.2M | $1.2M | $125.6M | $48.5M | $2.1M | -$38.7M | $82.9M | $11.3M | -$21.7M | -$244.8M | $205.5M | -$45.7M | $204.1M |
| Supplementary Data | |||||||||||||||||||
| Operating Cash Flow | $391.9M | $276.3M | $228.7M | -$466.6M | $412.6M | $384.4M | $542M | $722.9M | $597.5M | $378M | $482.1M | $431.3M | $434M | $290.2M | $305.8M | $467.6M | $250.8M | $224.9M | $96.8M |
| Capital Expenditure | -$55.4M | -$53M | -$52M | -$60.9M | -$64.2M | -$62.8M | -$161.6M | -$131.3M | -$97.3M | -$155.1M | -$134.7M | -$101M | -$96.6M | -$102M | -$85.8M | -$78.9M | -$65.6M | -$129.6M | -$62.8M |
| Free Cash Flow | $336.5M | $223.3M | $176.7M | -$527.5M | $348.4M | $321.6M | $380.4M | $591.6M | $500.2M | $222.9M | $347.4M | $330.3M | $337.4M | $188.2M | $220M | $388.7M | $185.2M | $95.3M | $34M |
| Cash at Beginning | $183.7M | $158.9M | $277.7M | $203.4M | $812.3M | $453.4M | $304.7M | $303.5M | $177.9M | $171.2M | $152.9M | $191.6M | $108.7M | $97.4M | $119.1M | $363.9M | $158.4M | $204.1M | $0 |
| Cash at End | $185.4M | $183.7M | $158.9M | $277.7M | $203.4M | $784.3M | $560.9M | $304.7M | $303.5M | $219.7M | $155M | $152.9M | $191.6M | $108.7M | $97.4M | $119.1M | $363.9M | $158.4M | $204.1M |