VORNADO REALTY TRUST (VNO-PO)
Vornado's real estate holdings are primarily concentrated in the crucial New York City market, complemented by a flagship asset in both Chicago and San Francisco. The company is also recognized as a frontrunner in the real estate industry for its robust sustainability initiatives, overseeing more than 23 million square feet of LEED-certified properties. Its environmental stewardship was further acknowledged with the Energy Star Partner of the Year Award for Sustained Excellence in 2019. Additionally, Vornado commemorated its 50th year of trading on the New York Stock Exchange in 2012.
Sector: Real Estate Investment Trusts
Industry: REIT - Office
Vornado Realty Trust
Mkt Cap$6.7B
Float156.62M
O/S187.01M
Inst Own-
Dilution
Financials Summary
Revenue$1.81B
Net Income$904.96M
Total Assets$15.52B
Free Cash Flow$1.26B
Debt & Equity
Debt 52%
Equity 40%
Preferred 8%
Total Debt$7.89B
Total Equity$5.99B
Preferred Stock$1.18B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in VNO-PO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$15.52B
Liabilities$8.72B
Accounts Receivable$995.71M
Accounts Payable$0
Inventory$0
PP&E (Net)$671.31M
Goodwill$0
Intangible Assets$110.59M
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 | 1990-01-31 | 1989-01-31 | 1988-01-31 | 1987-01-31 |
| Revenue | $1.81B | $1.79B | $1.81B | $1.8B | $1.59B | $1.53B | $1.92B | $2.16B | $2.08B | $2.51B | $2.5B | $2.64B | $2.76B | $2.77B | $2.92B | $2.78B | $2.74B | $2.7B | $2.97B | $2.71B | $2.55B | $1.71B | $1.5B | $1.44B | $979.67M | $803.61M | $663.5M | $454.4M | $202.6M | $117.3M | $102.8M | $87.9M | $48M | $40.6M | $40.6M | $32.7M | $0 | $0 | $0 | $0 |
| YoY Growth | 1.3% | -1.3% | 0.6% | 13.3% | 4.0% | -20.6% | -11.0% | 3.8% | -16.8% | 0.2% | -5.1% | -4.5% | -0.2% | -5.1% | 4.9% | 1.4% | 1.7% | -9.3% | 9.6% | 6.5% | 49.2% | 13.6% | 4.7% | 46.5% | 21.9% | 21.1% | 46.0% | 124.3% | 72.7% | 14.1% | 17.0% | 83.1% | 18.2% | 0.0% | 24.2% | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $905.16M | $873.91M | $797.32M | $789.07M | $917.98M | $963.48M | $886.6M | $1.02B | $1.01B | $1.06B | $1.09B | $1.25B | $1.24B | $1.1B | $1.09B | $1.07B | $1.63B | $1.37B | $1.31B | $679.79M | $583.66M | $541.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $1.81B | $1.79B | $906M | $926.08M | $791.89M | $738.88M | $1.01B | $1.2B | $1.2B | $1.48B | $1.49B | $1.57B | $1.67B | $1.52B | $1.68B | $1.68B | $1.65B | $1.63B | $1.34B | $1.35B | $1.24B | $1.03B | $919.39M | $893.47M | $979.67M | $803.61M | $663.5M | $454.4M | $202.6M | $117.3M | $102.8M | $87.9M | $48M | $40.6M | $40.6M | $32.7M | $0 | $0 | $0 | $0 |
| Gross Margin | 100.0% | 100.0% | 50.0% | 51.4% | 49.8% | 48.4% | 52.3% | 55.5% | 57.5% | 59.1% | 59.6% | 59.6% | 60.6% | 54.9% | 57.6% | 60.4% | 60.3% | 60.3% | 45.1% | 49.6% | 48.8% | 60.2% | 61.2% | 62.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32.21M | $226.62M | $0 | $0 | $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 | $156.12M | $148.52M | $162.88M | $133.73M | $134.54M | $181.51M | $169.92M | $141.87M | $159M | $179.28M | $175.31M | $185.92M | $211.1M | $201.89M | $209.98M | $214.22M | $231.69M | $194.03M | $232.07M | $221.36M | $183M | $145.22M | $122.41M | $98.46M | $72.57M | $47.91M | $40.2M | $28.6M | $13.6M | $5.2M | $6.7M | $6.5M | $4.2M | $4.2M | $4.8M | $7.6M | $0 | $0 | $0 | $0 |
| Other | $1.38B | $1.38B | $442.54M | $504.5M | $412.35M | $413.06M | $419.11M | -$31.32M | $13.23M | $7.31M | $7.66M | $10.6M | $6.7M | $7.16M | $7.83M | $7.92M | $4.32M | $537.43M | $0 | $397.4M | $334.96M | $242.91M | $215.03M | -$27.5M | -$615.42M | -$447.25M | -$359.5M | -$215.4M | -$112.3M | -$44.4M | -$40.1M | -$39M | $4.1M | -$8.6M | $2.6M | $3.6M | $10.4M | $10.1M | $9.9M | $14.1M |
| Total Operating Expenses | $1.54B | $1.52B | $605.42M | $638.23M | $546.89M | $594.57M | $589.03M | $588.44M | $588.39M | $744.34M | $718.26M | $722.15M | $742.31M | $719.71M | $763.79M | $744.93M | $771.19M | $731.45M | $232.07M | $618.76M | $517.96M | $388.13M | $337.44M | $304.28M | -$542.85M | -$399.34M | -$319.3M | -$186.8M | -$98.7M | -$39.2M | -$33.4M | -$32.5M | $8.3M | -$4.4M | $7.4M | $11.2M | $10.4M | $10.1M | $9.9M | $14.1M |
| Operating Income (EBIT) | $272.15M | $263.87M | $300.58M | $287.85M | $245M | $144.31M | $417.69M | $582.96M | $607.37M | $550.79M | $760.25M | $815.64M | $874.19M | $677.63M | $856.15M | $805.86M | $795.78M | $814.03M | $1.23B | $726.91M | $724.64M | $637.87M | $581.96M | $554.82M | $436.81M | $404.26M | $344.2M | $267.6M | $103.9M | $78.1M | $69.4M | $55.4M | $56.3M | $36.2M | $48M | $43.9M | $10.4M | $10.1M | $9.9M | $14.1M |
| Operating Margin | 15.0% | 14.8% | 16.6% | 16.0% | 15.4% | 9.4% | 21.7% | 26.9% | 29.1% | 22.0% | 30.4% | 30.9% | 31.7% | 24.5% | 29.4% | 29.0% | 29.0% | 30.2% | 41.4% | 26.8% | 28.4% | 37.4% | 38.7% | 38.7% | 44.6% | 50.3% | 51.9% | 58.9% | 51.3% | 66.6% | 67.5% | 63.0% | 117.3% | 89.2% | 118.2% | 134.3% | - | - | - | - |
| Interest Expense | $353.87M | $390.27M | $349.22M | $279.76M | $231.1M | $229.25M | $286.62M | $347.95M | $345.65M | $330.24M | $318.72M | $349.97M | $483.19M | $500.36M | $544.01M | $560.27M | $634.28M | $596.18M | $634.55M | $476.46M | $0 | $0 | $204.26M | $207.84M | $173.08M | $170.27M | $141.7M | $114.7M | $42.9M | $16.7M | $16.4M | $14.2M | $31.2M | $33.9M | $34.9M | $32.2M | $10.4M | $10.1M | $9.9M | $14.1M |
| Interest Income | $47.15M | $46.02M | $46.14M | $12.79M | $4.61M | $12.81M | $23.41M | $30.17M | $17.59M | $11.2M | $33.35M | $44.86M | $29.87M | $33M | $51.44M | $44.01M | $68.26M | $122.75M | $172M | $262.18M | $167.22M | $204M | $25.4M | $31.68M | $54.38M | $32.93M | $18.5M | $24.1M | $23.8M | $6.6M | $11.8M | $0 | $11.7M | $0 | $9.3M | $11.1M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $678.56M | -$221.03M | -$238.47M | -$648.8M | -$47.95M | -$569.53M | $3.02B | -$123.36M | -$287.63M | $4.39M | -$37.77M | -$257.26M | -$540.73M | -$608.79M | -$236.86M | -$54.98M | -$698.5M | -$734.85M | -$278.35M | -$63.44M | -$80.96M | $31.01M | -$118.58M | -$162.67M | -$82.44M | -$34.45M | -$225.3M | -$173.9M | -$90.3M | -$31.4M | -$28.2M | -$25M | -$30.9M | -$33.9M | -$30M | -$32.2M | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $950.71M | $42.84M | $62.11M | -$360.95M | $197.06M | -$425.21M | $3.44B | $459.6M | $318.45M | $983.06M | $722.47M | $505.19M | $133.82M | $416.73M | $619.29M | $750.89M | $97.28M | $79.19M | $587.5M | $607.29M | $641.04M | $671.63M | $463.52M | $403.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25.4M | $2.3M | $18M | $11.7M | $0 | $0 | $0 | $0 |
| Income Tax Expense | $13.51M | $22.73M | $29.22M | $21.66M | -$10.5M | $36.63M | $103.44M | $37.63M | $41.09M | $8.31M | -$84.69M | $11M | -$6.41M | $8.13M | $24.83M | $22.48M | $20.74M | -$204.54M | $10.53M | -$28.92M | $62.39M | $60.41M | $470K | $195.06M | $173.08M | $170.27M | $141.7M | $114.7M | $42.9M | $16.7M | $16.4M | $14.2M | -$6.4M | $1.1M | $7.5M | $4.8M | -$10.4M | -$10.1M | -$9.9M | -$14.1M |
| Net Income | $904.96M | $70.39M | $105.49M | -$346.5M | $176M | -$297M | $3.15B | $449.95M | $227.42M | $960.57M | $760.43M | $864.85M | $475.97M | $617.26M | $662.3M | $647.88M | $106.17M | $395.04M | $635.69M | $560.14M | $539.6M | $592.92M | $460.7M | $232.9M | $263.74M | $233.99M | $202.5M | $152.9M | $61M | $61.4M | $53M | $41.2M | $28M | $1.2M | $10.2M | $4.3M | $10.4M | $10.1M | $9.9M | $14.1M |
| Net Income Margin | 50.0% | 3.9% | 5.8% | -19.2% | 11.1% | -19.4% | 163.6% | 20.8% | 10.9% | 38.3% | 30.4% | 32.8% | 17.2% | 22.3% | 22.7% | 23.3% | 3.9% | 14.6% | 21.4% | 20.7% | 21.2% | 34.7% | 30.7% | 16.2% | 26.9% | 29.1% | 30.5% | 33.6% | 30.1% | 52.3% | 51.6% | 46.9% | 58.3% | 3.0% | 25.1% | 13.1% | - | - | - | - |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 4.40 | 0.04 | 0.23 | -2.13 | 0.53 | -1.83 | 16.23 | 2.36 | 0.85 | 5.08 | 3.61 | 4.18 | 2.10 | 2.95 | 3.26 | 3.27 | 0.28 | 1.96 | 3.18 | 3.47 | 3.62 | 4.47 | 3.84 | 1.94 | 2.50 | 2.22 | 1.93 | 1.59 | 0.81 | 1.24 | 2.21 | 0.93 | 0.69 | 0.04 | 0.30 | 0.13 | 0.30 | 0.27 | 0.25 | 0.29 |
| Diluted EPS | 4.20 | 0.04 | 0.23 | -2.13 | 0.53 | -1.83 | 16.21 | 2.35 | 0.85 | 5.08 | 3.59 | 4.15 | 2.09 | 2.94 | 3.23 | 3.24 | 0.28 | 1.91 | 3.18 | 3.28 | 3.43 | 4.27 | 3.73 | 1.87 | 2.42 | 2.16 | 1.90 | 1.56 | 0.77 | 1.23 | 2.21 | 0.93 | 0.60 | 0.04 | 0.30 | 0.13 | 0.30 | 0.27 | 0.25 | 0.29 |
| Weighted Average OS | 191.76M | 190.54M | 191.00M | 191.78M | 191.55M | 191.15M | 190.87M | 190.51M | 189.53M | 188.84M | 188.35M | 187.57M | 186.94M | 185.81M | 184.31M | 182.34M | 171.59M | 153.90M | 151.95M | 144.96M | 143.81M | 127.73M | 114.57M | 107.99M | 90.88M | 88.24M | 87.54M | 82.59M | 55.91M | 49.70M | 47.45M | 44.46M | 40.79M | 30.60M | 33.56M | 33.73M | 34.21M | 36.79M | 40.39M | 47.93M |
| EBITDA | $1.77B | $880.61M | $845.61M | $423.31M | $840.5M | $203.52M | $4.14B | $1.25B | $1.16B | $1.48B | $1.31B | $1.38B | $1.16B | $1.5B | $1.68B | $1.59B | $1.26B | $1.21B | $1.7B | $1.15B | $1.11B | $960.84M | $882.06M | $790.85M | $591.1M | $563.72M | $0 | $0 | $0 | $0 | $0 | $0 | $68M | $47.7M | $64.2M | $53.6M | $10.4M | $10.1M | $9.9M | $14.1M |
| EBITDA Margin | 97.6% | 49.3% | 46.7% | 23.5% | 52.9% | 13.3% | 215.1% | 57.7% | 55.7% | 59.0% | 52.3% | 52.5% | 41.8% | 54.3% | 57.6% | 57.0% | 45.9% | 44.7% | 57.0% | 42.4% | 43.6% | 56.3% | 58.7% | 55.1% | 60.3% | 70.1% | - | - | - | - | - | - | 141.7% | 117.5% | 158.1% | 163.9% | - | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $840.85M | $733.95M | $997M | $889.69M | $1.76B | $1.62B | $1.52B | $570.92M | $1.82B | $1.5B | $1.84B | $1.2B | $583.29M | $960.32M | $606.55M | $690.79M | $535.48M | $1.53B | $1.15B | $2.23B | $294.5M | $599.28M | $320.54M | $208.2M | $265.58M | $136.99M | $112.6M | $167.8M | $356M | $89.7M | $19.1M | $23.6M | $24.1M | $51.5M | $14.7M | $5.5M |
| Short-Term Investments | $0 | $0 | $0 | $471.96M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $40M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $840.85M | $733.95M | $997M | $1.36B | $1.76B | $1.62B | $1.52B | $570.92M | $1.82B | $1.5B | $1.84B | $1.2B | $583.29M | $960.32M | $606.55M | $690.79M | $575.48M | $1.53B | $1.15B | $2.23B | $294.5M | $599.28M | $320.54M | $208.2M | $265.58M | $136.99M | $112.6M | $167.8M | $356M | $89.7M | $19.1M | $23.6M | $24.1M | $51.5M | $14.7M | $5.5M |
| Accounts Receivable | $995.71M | $765.87M | $771.21M | $776.14M | $735.98M | $751.73M | $837.94M | $1.01B | $985.41M | $946.24M | $1.03B | $897.27M | $1.11B | $1.19B | $1.05B | $1.09B | $1.06B | $1.28B | $1.19B | $687.43M | $1B | $950.71M | $656.77M | $401.53M | $444.12M | $348.16M | $131.9M | $49.7M | $24.1M | $17.1M | $14.4M | $11.8M | $10.3M | $10.8M | $800K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$27.03M | -$27.47M | -$21.82M | $151M | $0 | $0 | $0 | $741.32M | $0 | $0 | $334.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $136.7M | $215.67M | $264.58M | $175.07M | $227.27M | $234.1M | $501.04M | $245.62M | $0 | $0 | $107.8M | $176.2M | $262.44M | $183.26M | $0 | $0 | $293.95M | $0 | $0 | $140.35M | $192.62M | $229.19M | $161.83M | $263.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.97B | $1.72B | $2.03B | $2.31B | $2.72B | $2.61B | $2.85B | $1.82B | $2.9B | $2.73B | $2.97B | $2.39B | $1.96B | $2.33B | $1.75B | $1.99B | $1.92B | $3.18B | $1.95B | $3.62B | $1.49B | $1.78B | $1.14B | $884.75M | $709.7M | $485.15M | $244.5M | $217.5M | $380.1M | $106.8M | $33.5M | $35.4M | $34.4M | $62.3M | $15.5M | $5.5M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $671.31M | $678.8M | $680.04M | $684.38M | $337.2M | $367.37M | $379.55M | $12.61B | $11.87B | $11.61B | $14.67B | $13.66B | $14.12B | $15.17B | $14.53B | $14.91B | $15.46B | $15.71B | $16.57B | $11.58B | $9.78B | $8.31B | $6.88B | $6.82B | $4.18B | $3.9B | $3.61B | $3.09B | $1.39B | $246.2M | $243M | $237.1M | $221.7M | $203.5M | $201.6M | $203M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $110.59M | $118.22M | $127.08M | $139.64M | $154.9M | $23.86M | $30.96M | $136.78M | $159.26M | $192.73M | $227.9M | $276.24M | $323.32M | $370.6M | $319.7M | $348.75M | $442.51M | $522.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.94B | $2.69B | $2.61B | $2.67B | $3.31B | $3.49B | $4.26B | $1.33B | $1.59B | $2.09B | $2.28B | $1.97B | $2.11B | $2.7B | $2.83B | $2.29B | $1.59B | $1.42B | $0 | $1.77B | $1.65B | $790.69M | $982.09M | $1.04B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $109.95M | $403.49M | $3.67B | $480.42M | -$13.66B | -$14.12B | -$15.17B | $376.29M | $368.31M | -$130.69M | -$215.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $10.82B | $10.79B | $10.74B | $10.69B | $10.75B | $9.73B | $10.77B | $1.17B | $469.56M | $521.01M | $514.11M | $16.62B | $15.71B | $16.56B | $637.97M | $618.78M | $903.92M | $802.57M | -$16.57B | $977.01M | $724.95M | $696.23M | $518.5M | $270.92M | -$4.18B | -$3.9B | -$3.61B | -$3.09B | -$1.39B | -$246.2M | -$243M | -$237.1M | -$221.7M | -$203.5M | -$201.6M | -$203M |
| Total Long-Term Assets | $13.55B | $14.28B | $14.15B | $14.18B | $14.54B | $13.61B | $15.43B | $15.36B | $14.5B | $18.09B | $18.17B | $18.86B | $18.14B | $19.64B | $18.69B | $18.53B | $18.26B | $18.24B | $16.57B | $14.33B | $12.15B | $9.8B | $8.38B | $8.13B | $4.18B | $3.9B | $3.61B | $3.09B | $1.39B | $246.2M | $243M | $237.1M | $221.7M | $203.5M | $201.6M | $203M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.96B | $0 | $0 | $0 | $0 | $0 | $1.88B | $1.98B | $1.62B | $1.12B | $753.3M | $212.2M | $215M | $121M | $129.7M | $154.8M | $176.3M | $179.4M |
| Total Assets | $15.52B | $16B | $16.19B | $16.49B | $17.27B | $16.22B | $18.29B | $17.18B | $17.4B | $20.81B | $21.14B | $21.25B | $20.1B | $21.97B | $20.45B | $20.52B | $20.19B | $21.42B | $22.48B | $17.95B | $13.64B | $11.58B | $9.52B | $9.02B | $6.78B | $6.37B | $5.48B | $4.43B | $2.52B | $565.2M | $491.5M | $393.5M | $385.8M | $420.6M | $393.4M | $387.9M |
| Liabilities | ||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $613.5M | $427.2M | $440.05M | $430.98M | $415.79M | -$287.85M | -$346.12M | $447.75M | -$543M | -$498.51M | $423.51M | $438.48M | $475.24M | $515.61M | $480.12M | $531.98M | $476.52M | $413.96M | $226.02M | $202.76M | $179.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.4M | $0 | $0 |
| Short-Term Debt | $720.42M | $575M | $575M | $575M | $575M | $575M | $575M | $0 | $0 | $115.63M | $1.65B | $0 | $295.87M | $2.03B | $138M | $874M | $852.22M | $356.85M | $0 | $0 | $9.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| 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 | $6.4M | $0 | $0 |
| Current Unearned Revenue | $0 | $28.42M | $32.2M | $39.88M | $48.12M | $0 | $0 | $167.73M | $227.07M | $287.85M | $346.12M | $519.28M | $543M | $498.51M | $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 | $376.19M | $345.59M | $411.04M | $450.88M | $0 | $0 | $0 | -$263.25M | -$188.72M | -$224.92M | -$1.74B | $51.96M | -$175.15M | -$1.04B | $0 | $0 | $0 | $1.62M | -$480.12M | $0 | $0 | $0 | $0 | $0 | $1.54B | $1.47B | $1.23B | $446.4M | $191.5M | $22.1M | $57.5M | -$4.3M | -$31.9M | -$6.4M | -$35.9M | -$10.7M |
| Total Current Liabilities | $1.1B | $949.01M | $1.02B | $1.07B | $1.24B | $1B | $1.41B | $510.98M | $415.79M | $574.32M | $993.96M | $499.7M | $718.15M | $2.52B | $561.51M | $1.31B | $1.33B | $874.08M | $0 | $592.93M | $537.62M | $446.43M | $249.45M | $219.75M | $1.73B | $1.64B | $1.38B | $592M | $253M | $57M | $64M | $0 | $0 | $6.4M | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $6.47B | $7.67B | $7.68B | $7.81B | $8.04B | $6.82B | $6.83B | $9.76B | $9.73B | $10.5B | $9.45B | $10.9B | $9.68B | $9.26B | $10.42B | $10.02B | $9.83B | $12.29B | $12.95B | $9.55B | $6.25B | $4.94B | $4.06B | $4.07B | $2.48B | $2.69B | $2.05B | $2.05B | $956.7M | $242M | $277.2M | $268.4M | $235M | $394.6M | $345.6M | $357.5M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $39.88M | $48.12M | $40.11M | $59.43M | $167.73M | $227.07M | $287.85M | $346.12M | $519.28M | $543M | $498.51M | $625.87M | $930.84M | $762.83M | $835.47M | $14.62B | $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 | -$9.84B | $568.31M | $124.24M | $129.94M | $1.15M | $1.28M | $15.3M | $13.31M | $13.28M | $17.84M | $19.89M | $241.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $455.14M | $460.09M | $416.38M | $324.61M | $366.78M | $400.08M | $1.28B | $1.2B | $1.22B | $571.25M | $2.3B | $482.59M | $728.74M | $2.84B | $152.66M | $82.86M | $342.82M | $141.16M | -$12.95B | $527.58M | $333.79M | $236.84M | $206.24M | $62.39M | $63.84M | -$2.69B | -$2.05B | -$2.05B | -$956.7M | -$242M | -$44.2M | -$268.4M | -$235M | -$388.2M | -$345.6M | -$357.5M |
| Total Long-Term Liabilities | $7.62B | $8.88B | $8.83B | $8.91B | $8.83B | $7.67B | $8.67B | $10.78B | $10.99B | $11.34B | $11.44B | $11.92B | $10.78B | $10.6B | $11.22B | $11.05B | $10.96B | $13.29B | $14.87B | $10.08B | $6.58B | $5.17B | $4.27B | $4.13B | $2.48B | $2.66B | $2.05B | $2.05B | $957M | $232M | $233M | $268.4M | $235M | $6.4M | $345.6M | $357.5M |
| 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 | -$1.48B | -$1.46B | -$1.22B | -$433.2M | -$178.3M | -$100K | $200K | $0 | $0 | $411M | $0 | $0 |
| Total Liabilities | $8.72B | $9.83B | $9.84B | $9.98B | $10.06B | $8.67B | $10.09B | $11.29B | $11.41B | $11.92B | $12.44B | $12.42B | $11.5B | $13.12B | $11.78B | $12.36B | $12.28B | $14.16B | $14.87B | $10.68B | $7.12B | $5.62B | $4.52B | $4.35B | $2.73B | $2.84B | $2.2B | $2.21B | $1.03B | $288.9M | $297.2M | $268.4M | $235M | $423.8M | $345.6M | $357.5M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||
| Preferred Stock | $1.18B | $1.18B | $1.18B | $1.18B | $1.18B | $1.18B | $891.21M | $891.29M | $891.99M | $1.04B | $1.28B | $1.28B | $1.28B | $1.24B | $1.02B | $783.09M | $823.69M | $823.81M | $825.1M | $828.66M | $834.53M | $577.45M | $250.99M | $265.49M | $468.98M | $481.46M | $478.6M | $282.8M | $279.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $7.63M | $7.63M | $7.59M | $7.65M | $7.65M | $7.63M | $7.62M | $4.47B | $7.58M | $6.9B | $7.52M | $7.49M | $7.47M | $7.44M | $7.37M | $7.32M | $7.22M | $6.2M | $6.14M | $6.08M | $5.67M | $5.13M | $4.74M | $4.32M | $3.96M | $3.47M | $3.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$3.49B | -$4.14B | -$4.01B | -$3.89B | -$3.08B | -$2.77B | -$1.95B | -$4.17B | -$4.18B | -$1.42B | -$1.77B | -$1.51B | -$1.73B | -$1.57B | -$1.4B | -$1.48B | -$1.58B | -$976M | -$82.18M | -$69.19M | $103.06M | $133.9M | -$57.62M | -$169.63M | -$95.65M | -$90.37M | -$117M | -$132.8M | -$109.6M | -$77.6M | -$79.4M | -$79.5M | -$77.5M | $107.9M | $124.3M | $130.7M |
| Comprehensive Income & Other | -$5K | $57.7M | $65.11M | $174.97M | -$17.53M | -$75.1M | -$40.23M | $7.66M | $128.68M | $118.97M | $46.92M | $93.27M | $71.54M | -$18.95M | $73.73M | $73.45M | $28.45M | -$6.9M | $29.77M | $92.96M | $83.41M | $47.78M | -$6.94M | -$13.56M | $30.57M | -$25.13M | -$6.2M | -$19M | -$800K | -$1M | -$1.4M | $2.3M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $9.47B | $9.29B | $9.51B | $9.73B | $9.31B | $9.3B | $8.68B | $4.17B | $8.51B | $1.42B | $8.46B | $8.24B | $8.49B | $8.42B | $8.22B | $7.79B | $7.81B | $6.63B | $6.19B | $6.21B | $5.15B | $3.87B | $3.13B | $2.79B | $2.66B | $2.17B | $2.17B | $1.92B | $1.42B | $353.9M | $273.7M | $196.2M | $193.2M | -$111.1M | -$116.2M | -$115.3M |
| Total Equity | $5.99B | $5.16B | $5.51B | $5.84B | $6.24B | $6.53B | $6.73B | $4.47B | $4.34B | $6.9B | $6.7B | $6.75B | $6.77B | $6.85B | $6.83B | $6.32B | $6.24B | $5.66B | $6.12B | $6.15B | $5.26B | $4.01B | $3.08B | $2.63B | $2.57B | $2.08B | $2.06B | $1.78B | $1.31B | $276.3M | $194.3M | $116.7M | $115.7M | -$3.2M | $8.1M | $15.4M |
| Minority Interest | $817.8M | $1.01B | $834.67M | $673.38M | $967.58M | $1.02B | $1.47B | $1.43B | $1.65B | $2B | $2.01B | $2.08B | $1.83B | $2B | $1.84B | $1.84B | $1.66B | $1.59B | $1.49B | $1.13B | $1.26B | $1.95B | $1.92B | $2.04B | $1.48B | $1.46B | $1.22B | $433.3M | $178.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $14.7B | $14.98B | $15.35B | $15.82B | $16.3B | $15.2B | $16.82B | $15.75B | $15.74B | $18.82B | $19.14B | $19.17B | $18.26B | $19.97B | $18.61B | $18.67B | $18.53B | $19.83B | $20.99B | $16.83B | $12.38B | $9.63B | $7.6B | $6.98B | $5.3B | $4.91B | $4.26B | $3.99B | $2.35B | $565.2M | $491.5M | $385.1M | $350.7M | $420.6M | $353.7M | $372.9M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||
| Total Debt | $7.89B | $8.99B | $8.98B | $9.13B | $8.99B | $7.8B | $7.9B | $9.84B | $9.73B | $10.61B | $11.09B | $10.9B | $9.98B | $11.3B | $10.56B | $10.89B | $10.94B | $12.65B | $12.95B | $9.55B | $6.25B | $4.94B | $4.06B | $4.07B | $2.48B | $2.66B | $2.05B | $2.05B | $956.7M | $242M | $277.2M | $268.4M | $235M | $394.6M | $345.6M | $357.5M |
| Net Debt | $7.04B | $8.26B | $7.99B | $8.24B | $7.23B | $6.18B | $6.39B | $9.27B | $7.91B | $9.11B | $9.26B | $9.7B | $9.4B | $10.34B | $9.96B | $10.2B | $10.4B | $11.12B | $11.8B | $7.32B | $5.96B | $4.34B | $3.74B | $3.86B | $2.21B | $2.52B | $1.94B | $1.88B | $600.7M | $152.3M | $258.1M | $244.8M | $210.9M | $343.1M | $330.9M | $352M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | $937.2M | $20.12M | $32.89M | -$382.61M | $207.55M | -$461.85M | $3.33B | $422.6M | $264.13M | $981.92M | $859.43M | $1.01B | $564.74M | $694.54M | $740M | $708.03M | $128.45M | $395.04M | $568.91M | $560.14M | $539.6M | $592.92M | $460.7M | $232.9M | $263.74M | $235.12M | $202.5M | $152.9M | $61M | $61.4M | $53M | $41.2M | $31.8M | $1.2M | $10.5M | $6.9M |
| Depreciation & Amortization | $481.46M | $469.42M | $457.57M | $526.31M | $432.59M | $417.94M | $438.93M | $472.79M | $529.83M | $595.27M | $566.21M | $583.41M | $562M | $557.89M | $580.99M | $556.31M | $559.05M | $577.34M | $462.63M | $413.16M | $346.77M | $253.82M | $219.91M | $205.83M | $123.86M | $99.85M | $83.6M | $59.2M | $47.4M | $14.7M | $11.8M | $10.8M | $11.4M | $11.5M | $11.3M | $9.7M |
| Deferred Income Tax | $3.53M | $13.01M | $17.02M | $14.01M | $11.24M | $0 | -$3.14B | $12.84M | $34.8M | $0 | -$90.03M | $0 | $0 | $0 | $0 | $0 | $0 | -$222.17M | $0 | $0 | $0 | $0 | -$248.71M | -$56.64M | $0 | $0 | $0 | $0 | $0 | $0 | -$300K | -$600K | -$6.4M | $800K | $4.8M | -$2.6M |
| Stock-Based Compensation | $25.48M | $30.17M | $43.2M | $29.25M | $38.33M | $48.68M | $53.91M | $31.72M | $32.83M | $33.98M | $39.85M | $36.64M | $34.91M | $30.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.11M | $27.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$18.79M | $4.7M | $9.38M | -$4.44M | -$187K | -$5.33M | -$25.99M | -$14.53M | $1.18M | -$4.27M | $8.37M | -$8.28M | $83.9M | -$23.27M | $8.87M | $2.02M | $15.38M | -$1.65M | $0 | $24.37M | -$45.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $25.99M | $0 | -$12.29M | $0 | -$19.75M | $0 | $0 | $0 | -$7.78M | $6.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $6.28M | -$6.8M | $10.72M | $5.72M | $35.86M | $0 | $5.94M | $5.87M | $3.76M | $32.39M | -$25.23M | $44.63M | -$41.73M | $21.59M | -$28.7M | $2.65M | $0 | $0 | $0 | $0 | $54.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$168.72M | -$54.89M | -$45.68M | $86.05M | -$32.12M | -$186.15M | -$31.11M | -$14.7M | -$94.5M | -$105.43M | -$225.49M | -$140.77M | -$19.56M | -$332.98M | -$253.57M | -$177.36M | -$161.25M | -$38.25M | $0 | $44.39M | -$48.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.3M | -$6.8M | $700K | $2.3M |
| Total Working Capital Change | -$181.23M | -$56.98M | -$25.58M | $87.33M | $3.55M | -$191.48M | -$25.17M | -$8.83M | -$101.85M | -$73.04M | -$262.1M | -$96.14M | -$61.29M | -$311.38M | -$281.18M | -$166.37M | -$145.87M | -$39.89M | -$145.63M | $68.76M | -$38.37M | $18.08M | -$31.74M | -$38.24M | $24.6M | -$40.79M | -$51M | -$17.6M | -$7.1M | $700K | $100K | -$4.6M | $12.3M | -$6.8M | $700K | $2.3M |
| Other Non-Cash Items | -$8.05M | $61.99M | $123.05M | $524.66M | $68.54M | $610.95M | $3.61M | -$128.47M | $100.41M | -$537.46M | -$103.54M | -$360.98M | -$24.66M | -$116M | -$337.31M | -$326.89M | $91.94M | -$23.45M | -$188.59M | -$217.39M | -$85.33M | -$200.12M | $127.68M | $128.47M | -$24.51M | -$44.25M | -$58.2M | -$5.1M | $9.5M | -$6.1M | -$1.7M | $100K | -$21.4M | $12M | $13.8M | -$14.5M |
| Net Cash from Operating | $1.26B | $537.72M | $648.15M | $798.94M | $761.81M | $424.24M | $662.54M | $802.64M | $860.14M | $1B | $672.15M | $1.14B | $1.04B | $825.05M | $702.5M | $771.09M | $633.58M | $817.81M | $697.33M | $824.67M | $762.68M | $664.69M | $528.95M | $499.82M | $387.69M | $249.92M | $176.9M | $189.4M | $110.8M | $70.7M | $62.9M | $46.9M | $27.4M | $15.9M | $36.2M | $1.8M |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | -$395.05M | -$438.94M | -$74.61M | -$355.85M | -$750.07M | -$475.82M | $0 | $394.83M | -$446.02M | -$349.6M | -$474.98M | -$681.87M | -$832.89M | -$3.04B | -$1.72B | -$957.81M | -$117.94M | -$120.59M | -$96.02M | -$67.09M | -$371.64M | -$395.8M | -$964.9M | -$911.2M | -$14.8M | -$16.6M | -$25.4M | -$27M | -$11.2M | -$7.7M | -$38.4M |
| Acquisitions | $15.34M | -$115.36M | -$52.64M | $1.25M | -$32.93M | -$6.57M | $1.73B | -$35.06M | -$40.54M | -$127.61M | -$235.44M | -$120.64M | $10.17M | -$82.49M | -$571.92M | -$165.17M | -$38.27M | -$160.83M | $0 | -$251.23M | -$971.36M | -$136.77M | -$15.33M | -$100.88M | -$11.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$1.07B | $0 | $0 | $438.94M | -$692.91M | -$4.38M | -$4.38M | -$756.81M | $0 | -$186.08M | -$191.33M | -$43.85M | -$504.1M | -$145.09M | -$164.89M | -$424.11M | -$153.91M | -$242.62M | -$59.71M | -$17.36M | $38.79M | -$14.32M | -$26.53M | -$21.6M | -$73.5M | -$8.4M | -$17M | -$109.6M | $0 | -$24.5M | -$8M | -$23M | -$69.9M |
| Sales of Investments | $0 | $0 | $468.6M | $597.5M | $0 | $28.38M | $168.31M | $4.1M | $187.11M | $3.94M | $573.3M | $388.78M | $479.86M | $195.21M | $126.77M | $320.46M | $79.36M | $51.19M | $112.78M | $308.06M | $115.97M | $110.77M | $7.95M | $87.9M | $1.93M | $0 | $12.5M | $25.8M | $0 | $46.7M | $22.3M | $10M | $53.1M | $35.8M | $13.5M | $37.5M |
| Other Investing Activities | $100.17M | -$482.01M | -$544.74M | -$439.51M | -$499.42M | $285.45M | $564.48M | -$79.24M | $7.34M | -$11.07M | $216.02M | -$842.6M | $23.29M | -$117.63M | $673.85M | $303.43M | $543.67M | $654.19M | $282.74M | -$98.77M | $304.53M | -$147.07M | $15.04M | $46.09M | $11.34M | -$301.2M | -$89.3M | -$244.8M | -$144.9M | $0 | $0 | $0 | $0 | -$100K | $0 | $0 |
| Net Cash from Investing | $115.51M | -$597.37M | -$128.79M | -$906.86M | -$532.35M | -$87.8M | $2.46B | -$877.72M | -$206.32M | -$889.19M | -$678.75M | -$574.47M | $722.08M | -$642.26M | -$164.76M | -$520.36M | -$242.2M | -$453.23M | -$3.07B | -$1.92B | -$1.75B | -$350.73M | -$130.29M | -$24.12M | -$79.72M | -$699.38M | -$494.2M | -$1.26B | -$1.06B | $14.9M | -$103.9M | -$15.4M | $1.6M | $16.5M | -$17.2M | -$70.8M |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Debt Repaid | $1.07B | $22.44M | $148M | $221.6M | -$1.66B | $11.25M | $1.63B | $158.5M | -$424.19M | -$508.91M | -$1.53B | -$1.12B | $1.32B | -$845.31M | $327.43M | -$477.17M | $1.65B | -$728.31M | -$2.09B | -$3.61B | -$911.67M | -$42.43M | -$60.06M | $102.9M | $281.14M | -$561.45M | $214M | -$532.9M | -$347.7M | $35.2M | -$8.8M | -$10.5M | $141.9M | -$24.8M | -$7.6M | -$1.6M |
| Common Stock Issuance | $0 | $0 | $146K | $885K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.68B | $2.48B | $710.23M | $0 | $0 | $1.08B | $1.3B | $1.32B | $1.08B | $56.45M | $377.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$50.99M | $0 | -$29.18M | $0 | -$1.57M | $0 | -$893K | -$470M | -$418K | -$186K | -$7.47M | -$3.81M | -$299.4M | -$30.17M | -$28M | -$78.95M | $0 | $0 | $0 | -$45M | -$812M | -$112.47M | -$103.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$141.28M | -$141.1M | -$129.07M | -$406.56M | -$406.11M | -$827.32M | -$503.79M | -$534.46M | -$496.49M | -$475.96M | -$474.75M | -$547.83M | -$545.91M | -$699.32M | -$508.75M | -$474.3M | -$262.4M | -$561.98M | -$524.72M | -$537.3M | -$524.16M | -$379.48M | -$327.88M | -$314.42M | -$201.81M | -$168.69M | -$183.8M | -$173.3M | -$93M | -$59.6M | -$52.9M | -$43.2M | -$30.5M | -$17.5M | -$16.5M | -$4.1M |
| Other Financing Activities | -$23.87M | -$26.67M | $89.28M | -$111.88M | -$1.21B | $398.45M | -$62.15M | $53.1M | -$201.11M | -$160.98M | -$350.63M | -$428.57M | -$163.52M | $81.46M | $40.28M | $36.34M | -$100.91M | -$99.72M | -$204.52M | -$985.53M | -$108.81M | -$74.23M | -$14.41M | -$124.06M | -$90.73M | -$87.89M | -$60.6M | -$11.2M | -$4.7M | $0 | -$500K | $0 | -$60M | -$7.6M | $0 | -$300K |
| Net Cash from Financing | -$1.35B | -$252.32M | -$278.94M | -$801.27M | -$29.48M | -$213.2M | -$2.24B | -$1.12B | -$338.34M | -$446.15M | $643.83M | $54.34M | -$2.14B | $170.98M | -$621.97M | -$95.42M | -$1.38B | $7.68M | $1.29B | $3.03B | $683.83M | -$35.22M | -$286.32M | -$533.09M | -$179.37M | $473.81M | $262.1M | $879.8M | $1.22B | -$15M | $36.6M | -$32.1M | -$56.4M | $4.4M | -$9.8M | -$10.4M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $27.93M | -$311.96M | $240.43M | -$909.19M | $199.98M | $123.24M | $890.23M | -$1.2B | $315.48M | -$334.68M | $637.23M | $615.19M | -$377.03M | $353.77M | -$84.24M | $155.31M | -$991.37M | $372.26M | -$1.08B | $1.94B | -$304.78M | $278.74M | $112.34M | -$57.38M | $128.59M | $24.36M | -$55.2M | -$188.2M | $266.3M | $70.6M | -$4.4M | -$600K | -$27.4M | $36.8M | $9.2M | -$79.4M |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $1.26B | $537.72M | $648.15M | $798.94M | $761.81M | $424.24M | $662.54M | $802.64M | $860.14M | $1B | $672.15M | $1.14B | $1.04B | $825.05M | $702.5M | $771.09M | $633.58M | $817.81M | $697.33M | $824.67M | $762.68M | $664.69M | $528.95M | $499.82M | $387.69M | $249.92M | $176.9M | $189.4M | $110.8M | $70.7M | $62.9M | $46.9M | $27.4M | $15.9M | $36.2M | $1.8M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | -$395.05M | -$438.94M | -$74.61M | -$355.85M | -$750.07M | -$475.82M | $0 | $394.83M | -$446.02M | -$349.6M | -$474.98M | -$681.87M | -$832.89M | -$3.04B | -$1.72B | -$957.81M | -$117.94M | -$120.59M | -$96.02M | -$67.09M | -$371.64M | -$395.8M | -$964.9M | -$911.2M | -$14.8M | -$16.6M | -$25.4M | -$27M | -$11.2M | -$7.7M | -$38.4M |
| Free Cash Flow | $1.26B | $537.72M | $648.15M | $798.94M | $761.81M | $29.19M | $223.6M | $728.03M | $504.29M | $250.59M | $196.33M | $1.14B | $1.44B | $379.02M | $352.89M | $296.1M | -$48.3M | -$15.08M | -$2.34B | -$895.98M | -$195.13M | $546.75M | $408.36M | $403.81M | $320.6M | -$121.72M | -$218.9M | -$775.5M | -$800.4M | $55.9M | $46.3M | $21.5M | $400K | $4.7M | $28.5M | -$36.6M |
| Cash at Beginning | $949.62M | $1.26B | $1.02B | $1.93B | $1.73B | $1.61B | $716.9M | $1.91B | $1.6B | $1.84B | $1.2B | $583.29M | $960.32M | $606.55M | $690.79M | $535.48M | $1.53B | $1.15B | $2.23B | $294.5M | $599.28M | $320.54M | $208.2M | $265.58M | $136.99M | $112.63M | $167.8M | $356M | $89.7M | $19.1M | $23.6M | $24.1M | $51.5M | $14.7M | $5.5M | $84.9M |
| Cash at End | $977.55M | $949.62M | $1.26B | $1.02B | $1.93B | $1.73B | $1.61B | $716.9M | $1.91B | $1.5B | $1.84B | $1.2B | $583.29M | $960.32M | $606.55M | $690.79M | $535.48M | $1.53B | $1.15B | $2.23B | $294.5M | $599.28M | $320.54M | $208.2M | $265.58M | $136.99M | $112.6M | $167.8M | $356M | $89.7M | $19.2M | $23.5M | $24.1M | $51.5M | $14.7M | $5.5M |