BAE SYSTEMS PLC /FI/ (BAESY)
BAE Systems plc is a global defense, aerospace, and security enterprise. Its extensive operations are structured across five principal divisions. The Electronic Systems segment develops and supplies a wide array of advanced electronic solutions, including electronic warfare systems, navigation technologies, sophisticated electro-optical sensors, aerospace controls, and precision guidance and communication systems, alongside space electronics and electric propulsion. The Cyber & Intelligence segment provides critical services to governmental bodies, encompassing the modernization and cyber protection of military assets, comprehensive systems engineering, C5ISR capabilities, and data intelligence solutions designed to counter national threats, prevent fraud, ensure regulatory compliance, and deliver enterprise-level digital services. Within the United States, its Platforms & Services segment manufactures combat vehicles, weapons, and munitions, while also offering ship repair services and managing government-owned munitions facilities. The Air segment is dedicated to the full lifecycle of combat and jet trainer aircraft, from development and manufacturing to upgrades and support. Lastly, the Maritime segment designs, constructs, and maintains surface warships, submarines, and naval weaponry, including torpedoes, radars, command systems, naval guns, missile launchers, and precision munitions. Founded in 1970, BAE Systems plc maintains its headquarters in Farnborough, United Kingdom.
Industry: Aerospace & Defense
BAE Systems plc
OTC:BAESYIndustrials · Aerospace & Defense
-1.58%$98.96
CLOSED · Nov 6Prev close$100.55-1.58%Close$98.96
Mkt Cap$72.36B
Float731.56M
O/S731.22M
VOL181K sh
$ Vol$17.82M
RVOL0.87×
Inst Own-
SI<0.1%
Div Yield2.04%
Dilution
Financials Summary
Revenue$37.93B
Net Income$2.76B
Total Assets$50.34B
Free Cash Flow$3.11B
Debt & Equity
Debt 43%
Equity 57%
Total Debt$12.11B
Total Equity$15.75B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BAESY's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$50.34B
Liabilities$34.39B
Accounts Receivable$9.54B
Accounts Payable$8.93B
Inventory$1.85B
PP&E (Net)$9.08B
Goodwill$17.01B
Intangible Assets$3.36B
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 | $37.93B | $35.22B | $30.89B | $28.45B | $26.13B | $25.8B | $24.5B | $22.51B | $24.52B | $23.81B | $22.47B | $20.65B | $22.57B | $22.25B | $23.78B | $28.08B | $27.27B | $22.31B | $19.15B | $16.51B | $14.75B | $11.8B | $11.23B | $10.81B | $12.1B | $12.91B | $9.43B | $9.43B | $9.73B | $8.65B | $7.68B | $9.57B | $14.38B | $13.35B | $14.14B | $14.11B | $12.16B | $7.55B | $5.45B | $4.2B |
| YoY Growth | 7.7% | 14.0% | 8.6% | 8.9% | 1.3% | 5.3% | 8.8% | -8.2% | 3.0% | 6.0% | 8.8% | -8.5% | 1.5% | -6.5% | -15.3% | 3.0% | 22.2% | 16.5% | 16.0% | 11.9% | 25.0% | 5.1% | 3.9% | -10.7% | -6.3% | 37.0% | 0.0% | -3.1% | 12.4% | 12.6% | -19.7% | -33.4% | 7.7% | -5.5% | 0.2% | 16.0% | 61.1% | 38.4% | 29.9% | - |
| Cost of Revenue | $27.92B | $12.16B | $10.69B | $24.74B | $22.78B | $22.73B | $8.6B | $7.84B | $9.46B | $9.58B | $9.45B | $8.19B | $8.67B | $8.29B | $9.56B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $10.01B | $23.06B | $20.2B | $3.71B | $3.35B | $3.08B | $15.9B | $14.67B | $15.06B | $14.23B | $13.02B | $12.46B | $13.9B | $13.95B | $14.22B | $28.08B | $27.27B | $22.31B | $19.15B | $16.51B | $14.75B | $11.8B | $11.23B | $10.81B | $12.1B | $12.91B | $9.43B | $9.43B | $9.73B | $8.65B | $7.68B | $9.57B | $14.38B | $13.35B | $14.14B | $14.11B | $12.16B | $7.55B | $5.45B | $4.2B |
| Gross Margin | 26.4% | 65.5% | 65.4% | 13.0% | 12.8% | 11.9% | 64.9% | 65.2% | 61.4% | 59.8% | 58.0% | 60.3% | 61.6% | 62.7% | 59.8% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 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 | $530.04M | $0 | $3.08B | $354.7M | $330.61M | $294.47M | $282.42M | $270.37M | $318.56M | $1.9B | $1.69B | $1.8B | $1.39B | $0 | $1.54B | $1.74B | $1.62B | $1.4B | $1.95B | $1.67B | $1.94B | $2.3B | $2.29B | $2.15B | $2.34B | $2.01B | $1.17B | $831.2M | $649.17M | $622.4M | $546.1M | $579.57M | $816.48M | $805.77M | $737.51M | $868.68M | $769.63M | $101.73M | $97.71M | $83.92M |
| Selling, General, and Administrative | $6.07B | $7.24B | $10.63B | $49.52M | $87M | $91.02M | $3.98B | $4.08B | $4.3B | $2.94B | $2.7B | $6.64B | $6.99B | $0 | $0 | $0 | $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 | -$81.65M | $19.46B | $3.05B | $117.79M | -$265.02M | $107.08M | $17.92B | $49.52M | $52.2M | $56.22M | $56.22M | $54.88M | $54.88M | $53.54M | $164.63M | $178.02M | $250.3M | $186.05M | $169.99M | -$302.5M | -$289.11M | -$931.59M | -$500.59M | -$222.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $96.37M | $66.92M | $45.51M | $39.89M |
| Total Operating Expenses | $6.51B | $19.46B | $16.76B | $522.01M | $152.59M | $492.56M | $22.18B | $20.55B | $22.7B | $21.6B | $20.61B | $19.02B | $21.64B | $20.18B | $21.7B | $25.97B | $25.04B | $20.49B | $17.69B | $15.6B | $13.82B | $10.91B | $10.91B | $11.4B | $10.38B | $11.84B | $8.33B | $8.97B | $8.49B | $8.01B | $7.15B | $9.67B | $14.12B | $12.06B | $14.08B | $14.08B | $12.3B | $7.68B | $5.12B | $4.28B |
| Operating Income (EBIT) | $3.49B | $3.59B | $3.44B | $3.19B | $3.2B | $2.58B | $2.54B | $2.15B | $1.98B | $2.33B | $2.01B | $1.74B | $1.08B | $2.2B | $2.11B | $2.14B | $1.29B | $2.3B | $1.58B | $1.26B | $919.54M | $746.88M | $345.33M | -$522.01M | $566.18M | $252.97M | $690.66M | $807.11M | $698.69M | $583.58M | $382.81M | -$80.31M | -$147.23M | -$107.08M | $219.51M | $769.63M | $674.6M | $377.45M | $254.31M | $276M |
| Operating Margin | 9.2% | 10.2% | 11.1% | 11.2% | 12.2% | 10.0% | 10.4% | 9.5% | 8.1% | 9.8% | 8.9% | 8.4% | 4.8% | 9.9% | 8.9% | 7.6% | 4.7% | 10.3% | 8.2% | 7.6% | 6.2% | 6.3% | 3.1% | -4.8% | 4.7% | 2.0% | 7.3% | 8.6% | 7.2% | 6.7% | 5.0% | -0.8% | -1.0% | -0.8% | 1.6% | 5.5% | 5.5% | 5.0% | 4.7% | 6.6% |
| Interest Expense | $679.95M | $742.86M | $453.75M | $409.58M | $420.29M | $418.81M | $467.13M | $410.92M | $491.23M | $504.61M | $491.23M | $433.67M | $512.64M | $1.49B | $290.45M | $378.79M | $469.81M | $348.01M | $322.58M | $64.25M | $77.63M | $1.16B | $259.67M | $259.67M | $294.47M | $352.02M | $187.39M | $228.88M | $216.84M | $161.96M | $178.02M | $227.54M | $380.13M | $342.65M | $309.19M | $234.24M | $175.34M | $61.57M | $38.82M | $32.12M |
| Interest Income | $108.42M | $180.7M | $199.43M | $46.85M | $40.15M | $29.18M | $36.14M | $34.8M | $32.12M | $954.34M | $22.75M | $37.48M | $64.25M | $1.22B | $72.28M | $49.52M | $88.34M | $265.02M | $349.35M | $251.64M | $164.63M | $815.14M | $0 | $0 | $61.57M | $199.43M | $143.22M | $235.57M | $214.16M | $157.94M | $112.43M | $81.65M | $155.26M | $174M | $231.56M | $49.52M | $37.48M | $87M | $5.35M | $44.17M |
| Other Income (Expense) | -$129.83M | -$472.49M | -$330.61M | -$528.7M | -$373.44M | -$447.06M | -$365.41M | -$509.96M | -$463.12M | -$791.05M | -$551.46M | -$559.49M | -$513.98M | -$539.41M | -$152.59M | -$256.99M | -$936.94M | $874.03M | $77.63M | -$261.01M | -$174M | -$199.43M | -$33.46M | -$302.5M | -$472.49M | -$13.38M | -$76.29M | $495.24M | -$386.82M | -$14.72M | -$69.6M | $358.71M | -$196.76M | -$1.5B | -$210.14M | -$266.36M | -$228.88M | -$61.57M | -$550.12M | -$32.12M |
| Income Before Tax (EBT) | $3.36B | $3.12B | $3.11B | $2.66B | $2.82B | $2.14B | $2.18B | $1.64B | $1.52B | $1.54B | $1.46B | $1.18B | $564.84M | $1.83B | $1.96B | $1.89B | $356.04M | $3.17B | $1.65B | $1.15B | $745.54M | $836.56M | $311.87M | -$824.51M | $93.69M | $239.59M | $614.37M | $1.3B | $311.87M | $568.86M | $313.21M | $278.41M | -$343.99M | -$1.61B | -$149.91M | $503.27M | $445.72M | $315.88M | -$212.82M | $243.87M |
| Income Tax Expense | $484.53M | $389.5M | $516.66M | $421.62M | $265.02M | $301.16M | $125.82M | $255.65M | $334.62M | $285.1M | $196.76M | $174M | $329.27M | $394.85M | $275.73M | $559.49M | $437.69M | $807.11M | $448.39M | $285.1M | $151.25M | $224.87M | $301.16M | $93.69M | $265.02M | $265.02M | $175.34M | $374.78M | $92.36M | $152.59M | $125.82M | $93.69M | -$8.03M | -$364.07M | $34.8M | $131.17M | $127.16M | $107.08M | -$65.59M | $72.01M |
| Net Income | $2.76B | $2.62B | $2.49B | $2.13B | $2.35B | $1.74B | $1.98B | $1.34B | $1.11B | $1.22B | $1.23B | $990.48M | $224.87M | $1.27B | $1.66B | $1.41B | -$89.68M | $2.34B | $1.21B | $2.19B | $740.18M | $2.68M | $8.03M | -$918.2M | -$179.36M | -$33.46M | $433.67M | $926.23M | $219.51M | $413.59M | $184.71M | $184.71M | -$310.53M | -$1.19B | -$176.68M | $348.01M | $311.87M | $208.8M | -$147.23M | $112.83M |
| Net Income Margin | 7.3% | 7.4% | 8.0% | 7.5% | 9.0% | 6.7% | 8.1% | 5.9% | 4.5% | 5.1% | 5.5% | 4.8% | 1.0% | 5.7% | 7.0% | 5.0% | -0.3% | 10.5% | 6.3% | 13.3% | 5.0% | 0.0% | 0.1% | -8.5% | -1.5% | -0.3% | 4.6% | 9.8% | 2.3% | 4.8% | 2.4% | 1.9% | -2.2% | -8.9% | -1.2% | 2.5% | 2.6% | 2.8% | -2.7% | 2.7% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EPS | 2.76 | 2.56 | 2.44 | 2.04 | 2.20 | 1.64 | 1.84 | 1.24 | 1.04 | 1.16 | 1.16 | 0.92 | 0.21 | 1.16 | 1.48 | 1.24 | -0.08 | 2.00 | 1.08 | 2.04 | 0.68 | 0.00 | 0.00 | -0.88 | -0.18 | -0.03 | 0.64 | 1.52 | 0.33 | 0.68 | 0.27 | 0.30 | -0.60 | -2.32 | -0.48 | 0.92 | 0.80 | 0.60 | -0.44 | 0.33 |
| Diluted EPS | 2.72 | 2.56 | 2.44 | 2.04 | 2.20 | 1.60 | 1.84 | 1.24 | 1.04 | 1.16 | 1.16 | 0.92 | 0.21 | 1.16 | 1.48 | 1.20 | -0.08 | 2.00 | 1.04 | 1.96 | 0.68 | 0.00 | 0.00 | -0.88 | -0.18 | -0.03 | 0.64 | 1.40 | 0.32 | 0.68 | 0.27 | 0.30 | -0.60 | -2.32 | -0.48 | 0.92 | 0.80 | 0.60 | -0.44 | 0.33 |
| Weighted Average OS | 749.25M | 763.50M | 768.00M | 778.00M | 796.75M | 797.75M | 795.75M | 798.23M | 797.71M | 795.67M | 792.75M | 793.75M | 808.50M | 811.00M | 841.25M | 862.75M | 883.00M | 879.75M | 846.50M | 806.25M | 795.75M | 764.50M | 764.25M | 763.25M | 758.50M | 748.00M | 518.25M | 493.25M | 433.50M | 429.40M | 426.30M | 384.60M | 380.38M | 380.08M | 285.31M | 263.65M | 262.02M | 257.51M | 255.78M | 255.78M |
| EBITDA | $4.94B | $5.32B | $4.61B | $4.09B | $4.18B | $3.46B | $3.46B | $2.52B | $2.38B | $2.51B | $2.57B | $2.49B | $2.95B | $3B | $4.53B | $3.47B | $1.63B | $4.24B | $2.52B | $1.62B | $1.49B | $2.05B | $1.09B | -$66.92M | $576.89M | $1.01B | $1.08B | $1.71B | $744.2M | $950.33M | $704.04M | $760.26M | $504.61M | $582.24M | $568.86M | $1.11B | $947.65M | $637.12M | $409.58M | $361.39M |
| EBITDA Margin | 13.0% | 15.1% | 14.9% | 14.4% | 16.0% | 13.4% | 14.1% | 11.2% | 9.7% | 10.5% | 11.4% | 12.1% | 13.1% | 13.5% | 19.1% | 12.3% | 6.0% | 19.0% | 13.2% | 9.8% | 10.1% | 17.4% | 9.7% | -0.6% | 4.8% | 7.8% | 11.5% | 18.1% | 7.7% | 11.0% | 9.2% | 7.9% | 3.5% | 4.4% | 4.0% | 7.9% | 7.8% | 8.4% | 7.5% | 8.6% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 | FY 1992 | FY 1991 | FY 1990 | FY 1989 | FY 1988 | FY 1987 | FY 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 | 1993-12-31 | 1992-12-31 | 1991-12-31 | 1990-12-31 | 1989-12-31 | 1988-12-31 | 1987-12-31 | 1986-12-31 |
| Assets | ||||||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $4.59B | $4.52B | $5.44B | $4.16B | $3.9B | $3.7B | $3.46B | $4.33B | $4.38B | $3.71B | $3.4B | $3.09B | $2.97B | $4.49B | $2.87B | $3.77B | $4.94B | $3.51B | $4.1B | $4.15B | $3.45B | $2.21B | $1.04B | $1.24B | $2.01B | $1.97B | $1.09B | $412.25M | $273.05M | $199.43M | $314.54M | $409.58M | $443.04M | $511.3M | $242.27M | $489.89M | $631.77M | $263.68M | $271.71M | $104.13M |
| Short-Term Investments | $244.51M | $283.76M | $57.55M | $337.3M | $259.67M | $252.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $348.01M | $282.42M | $902.14M | $219.51M | $673.26M | $848.6M | $1.02B | $1.18B | $1.04B | $1.43B | $1.55B | $2.2B | $1.43B | $2.48B | $2.32B | $1.71B | $1.56B | $1.5B | $1.68B | $2B | $2B | $2.7B | $816.48M | $1.24B | $1.24B |
| Cash and Short-Term Investments | $4.84B | $4.52B | $5.5B | $4.5B | $4.16B | $3.96B | $3.46B | $4.33B | $4.38B | $3.71B | $3.4B | $3.09B | $2.97B | $4.49B | $2.87B | $4.11B | $5.23B | $4.41B | $4.32B | $4.82B | $4.3B | $3.23B | $2.23B | $2.28B | $3.45B | $3.53B | $3.28B | $1.84B | $2.75B | $2.52B | $2.03B | $1.96B | $1.94B | $2.19B | $2.24B | $2.49B | $3.34B | $1.08B | $1.51B | $1.34B |
| Accounts Receivable | $9.54B | $7.57B | $6.24B | $6.78B | $5.03B | $5.71B | $5.98B | $5.12B | $4.33B | $4.42B | $3.94B | $3.12B | $3.45B | $3.85B | $4.64B | $4.41B | $4.74B | $5.13B | $3.68B | $2.77B | $2.36B | $2.75B | $4.46B | $4.45B | $4.35B | $3.61B | $5.3B | $4.8B | $2.32B | $2.44B | $2.73B | $1.9B | $2.53B | $2.74B | $2.24B | $1.77B | $1.78B | $1.53B | $1.09B | $677.01M |
| Inventory | $1.85B | $1.77B | $1.55B | $1.31B | $1.09B | $1.15B | $1.12B | $1.04B | $967.73M | $995.84M | $971.74M | $923.56M | $910.17M | $876.71M | $958.36M | $861.99M | $1.19B | $1.24B | $938.28M | $528.7M | $649.17M | $666.57M | $1.04B | $1.03B | $1.4B | $2.06B | $2.09B | $1.93B | $2.28B | $2.33B | $2.91B | $3.38B | $5.21B | $4.62B | $4.22B | $3.79B | $3.16B | $2.73B | $1.86B | $1.57B |
| Other Current Assets | -$1.24B | $527.36M | $1.22B | $971.74M | $927.57M | $904.82M | $673.26M | $847.26M | $574.21M | $586.26M | $480.52M | $526.03M | $642.47M | $127.16M | $4.36B | $386.82M | $289.11M | $5.7B | $261.01M | $66.92M | $72.28M | $0 | $0 | $0 | $0 | $0 | $93.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $16.23B | $15.73B | $15.76B | $14.23B | $11.8B | $12.59B | $12.37B | $12.82B | $10.33B | $9.41B | $8.48B | $8B | $8.26B | $9.34B | $8.54B | $10.19B | $11.78B | $10.8B | $9.49B | $8.44B | $7.56B | $6.84B | $7.97B | $7.97B | $9.46B | $9.39B | $11.03B | $8.74B | $7.58B | $7.52B | $7.81B | $7.58B | $9.77B | $9.63B | $8.69B | $8.04B | $8.28B | $5.34B | $4.46B | $3.59B |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $9.08B | $8.83B | $6.62B | $6.24B | $5.28B | $4.96B | $4.79B | $3.17B | $2.98B | $2.81B | $2.27B | $2.13B | $2.59B | $3.06B | $3.34B | $3.81B | $3.56B | $3.27B | $2.53B | $2.5B | $2.57B | $2.34B | $2.27B | $2.29B | $2.38B | $3.15B | $2.9B | $2.15B | $1.91B | $1.94B | $2.05B | $2.3B | $4.16B | $4.36B | $4.34B | $3.87B | $3.73B | $3.11B | $1.28B | $765.48M |
| Goodwill | $17.01B | $17.8B | $15.24B | $15.82B | $14.6B | $14.52B | $13.36B | $13.7B | $13.38B | $14.59B | $13.17B | $12.94B | $12.56B | $13.87B | $14.29B | $0 | $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 | $3.36B | $3.97B | $883.4M | $1.1B | $1.08B | $1.2B | $517.99M | $560.83M | $511.3M | $484.53M | $370.76M | $426.98M | $473.82M | $752.23M | $1.06B | $15.01B | $15.13B | $16.47B | $12.79B | $10.17B | $11B | $8.18B | $8.03B | $8.59B | $9.25B | $9.74B | $8.52B | $430.99M | $2.32B | $2.44B | $2.73B | $1.9B | $2.53B | $2.74B | $2.24B | $1.77B | $1.78B | $1.53B | $1.09B | $677.01M |
| Long-Term Investments | $2.76B | $1.14B | $1.71B | $1.28B | $991.82M | $626.41M | $1.89B | $1.49B | $1.39B | $1.44B | $983.79M | $329.27M | $382.81M | $0 | $0 | $705.38M | $849.94M | $1.18B | $833.88M | $224.87M | $1.47B | $944.97M | $1.11B | $989.14M | $519.33M | -$576.89M | -$1.32B | -$629.09M | -$1.49B | -$1.44B | -$1.34B | -$944.97M | -$927.57M | -$1.1B | -$1.42B | -$1.48B | -$2.43B | -$570.2M | -$1.18B | -$1.2B |
| Deferred Tax Assets | $229.82M | $421.62M | $815.14M | $452.41M | $832.54M | $1.3B | $971.74M | $939.62M | $969.07M | $1.67B | $1.32B | $1.78B | $1.21B | $1.84B | $1.89B | $1.55B | $2.05B | $1.37B | $758.92M | $1.44B | $1.78B | $1.46B | $1.04B | $1.24B | $2.01B | $1.97B | $1.09B | $412.25M | $273.05M | $199.43M | $314.54M | $409.58M | $443.04M | $511.3M | $242.27M | $489.89M | $631.77M | $263.68M | $271.71M | $104.13M |
| Other Long-Term Assets | $1.67B | $3.17B | $2.71B | $2.98B | $1.73B | $1.65B | $404.22M | $445.72M | $493.9M | $345.33M | $289.11M | $891.43M | $875.37M | $947.65M | $1.81B | $887.42M | $737.51M | $1.27B | $714.75M | $1.52B | $2.7B | $2B | $137.86M | -$206.13M | -$583.58M | -$422.96M | $1.11B | $1.01B | -$273.05M | -$199.43M | -$314.54M | -$409.58M | -$443.04M | -$511.3M | -$242.27M | -$489.89M | -$631.77M | -$263.68M | -$271.71M | -$104.13M |
| Total Long-Term Assets | $34.11B | $35.32B | $27.16B | $27.88B | $24.52B | $24.26B | $21.93B | $20.3B | $19.73B | $21.34B | $18.41B | $18.49B | $18.09B | $20.47B | $22.38B | $21.97B | $22.33B | $23.57B | $17.63B | $15.85B | $19.52B | $14.93B | $12.59B | $12.9B | $13.57B | $13.86B | $12.3B | $3.38B | $2.89B | $2.81B | $2.43B | $2.91B | $4.73B | $4.94B | $4.92B | $4.39B | $4.01B | $3.35B | $1.33B | $796.67M |
| 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 | $0 | $0 | $0 |
| Total Assets | $50.34B | $51.05B | $42.92B | $42.11B | $36.32B | $36.85B | $34.31B | $33.12B | $30.05B | $30.75B | $26.88B | $26.49B | $26.34B | $29.81B | $30.92B | $32.16B | $34.12B | $34.37B | $27.12B | $24.29B | $27.08B | $21.77B | $20.56B | $20.87B | $23.03B | $23.26B | $23.34B | $12.11B | $10.47B | $10.34B | $10.23B | $10.49B | $14.5B | $14.57B | $13.61B | $12.44B | $12.28B | $8.69B | $5.79B | $4.39B |
| Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | $8.93B | $1.45B | $1.16B | $1.12B | $932.93M | $932.93M | $903.48M | $940.96M | $797.74M | $5.3B | $5.37B | $6.15B | $6.57B | $7.24B | $7.46B | $8.49B | $9.34B | $7.82B | $7.74B | $853.96M | $811.12M | $678.61M | $645.15M | $1.34B | $1.87B | $2.06B | $2.29B | $1.75B | $1.27B | $1.37B | $1.69B | $1.52B | $2.42B | $2.19B | $2.67B | $2.31B | $2.25B | $1.59B | $757.58M | $590.67M |
| Short-Term Debt | $127.16M | $801.75M | $839.23M | $176.68M | $611.69M | $625.07M | $582.24M | $1.07B | $93.69M | $37.48M | $326.59M | $658.54M | $567.52M | $28.11M | $693.34M | $1.23B | $606.34M | $716.09M | $400.21M | $447.06M | $1.21B | $1.27B | $1.04B | $1.43B | $1.68B | $3.21B | $2.71B | $353.36M | $227.54M | $588.93M | $256.99M | $208.8M | $1.22B | $457.76M | $420.29M | $298.48M | $476.5M | $184.71M | $108.42M | $8.16M |
| Current Income Tax Payable | $0 | $338.64M | $381.47M | $137.86M | $36.14M | $96.37M | $73.62M | $447.06M | $408.24M | $416.27M | $421.62M | $599.64M | $665.23M | $564.84M | $626.41M | $836.56M | $882.06M | $942.3M | $667.91M | $558.15M | $422.96M | $267.7M | $56.22M | $62.91M | $206.13M | $269.04M | $196.76M | $310.53M | $97.71M | $38.82M | $49.52M | $38.82M | $24.09M | $41.49M | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $6.54B | $0 | $0 | $5.34B | $4.03B | $4.33B | $4.73B | $4.68B | $3.64B | $4.35B | $4.45B | $0 | $0 | $0 | $0 | $0 | $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 | $377.31M | $10.52B | $6.76B | $1.05B | $994.5M | $2.79B | $2.72B | $7.33B | $5.63B | $6.63B | $6.28B | $7.63B | $8.39B | $2.28B | $2.67B | $2.45B | $2.39B | $2.36B | $2.37B | $7.23B | $7.09B | $5.57B | $4.54B | $4.13B | $3.13B | $2.85B | $2.97B | $2.7B | $2.54B | $2.17B | $2.18B | $1.97B | $2.34B | $2.38B | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $16.44B | $16.52B | $14.65B | $13.18B | $11.64B | $12.56B | $12.22B | $12.46B | $9.51B | $9.77B | $9.57B | $10.77B | $11.3B | $11.94B | $13.75B | $15.6B | $16.25B | $14.44B | $12.79B | $10.63B | $11.94B | $10.11B | $8.87B | $8.78B | $8.75B | $9.56B | $9.23B | $5.8B | $4.84B | $4.95B | $4.72B | $4.38B | $6.64B | $5.88B | $6.05B | $6.19B | $6.18B | $3.94B | $3.12B | $2.02B |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $9.62B | $10.32B | $5.93B | $6.99B | $6.16B | $6.88B | $4.05B | $4.72B | $5.47B | $5.92B | $5.05B | $3.84B | $3.38B | $3.97B | $3.59B | $2.85B | $3.8B | $4B | $2.94B | $3.72B | $4.73B | $2.83B | $2.34B | $2.56B | $2.84B | $1.42B | $1.55B | $1.2B | $1.47B | $924.9M | $1.46B | $1.53B | $1.92B | $1.86B | $1.39B | $1.24B | $1.33B | $584.92M | $436.35M | $317.09M |
| Long-Term Unearned Revenue | $4.18B | $4.02B | $4.15B | $2.61B | $1.78B | $0 | $0 | $749.55M | $425.64M | $436.35M | $353.36M | $350.68M | $317.22M | $297.14M | $294.47M | $0 | $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 | $34.74M | $18.74M | $13.38M | $6.69M | $103.06M | $554.13M | $547.44M | $538.07M | $5.35M | $13.38M | $17.4M | $28.11M | $9.37M | $17.4M | $34.8M | $8.03M | $10.71M | $107.08M | $53.54M | $20.08M | $30.79M | $18.74M | $111.09M | $73.62M | $97.71M | $240.93M | $103.06M | $50.86M | $4.02M | $2.68M | $2.68M | $20.08M | $26.77M | $33.46M | $29.45M | $54.88M | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $2.12B | $2.18B | $2.12B | $2.27B | $4.93B | $8.9B | $8.61B | $7.89B | $8.67B | $10.42B | $8.24B | $9.37B | $7.08B | $8.54B | $7.49B | $6.46B | $7.82B | $6.06B | $3.3B | $4.39B | $6.63B | $5.24B | $1.74B | $1.85B | $2.43B | $2.56B | $2.49B | $2.35B | $2.21B | $2.18B | $2.79B | $3.41B | $3.84B | $4.1B | $2.17B | $1.13B | $1.42B | $1.34B | $872.69M | $410.65M |
| Total Long-Term Liabilities | $17.96B | $18.77B | $13.92B | $13.67B | $14.42B | $17.7B | $14.7B | $13.15B | $14.14B | $16.35B | $13.29B | $13.21B | $10.46B | $12.83B | $11.41B | $9.33B | $11.63B | $10.17B | $6.3B | $8.13B | $11.39B | $8.09B | $4.19B | $4.48B | $5.37B | $4.23B | $4.14B | $3.6B | $3.68B | $3.11B | $4.26B | $4.96B | $5.79B | $5.98B | $3.59B | $2.42B | $2.75B | $1.92B | $1.31B | $727.74M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $34.39B | $35.29B | $28.56B | $26.85B | $26.06B | $30.26B | $26.93B | $25.6B | $23.65B | $26.12B | $22.86B | $23.97B | $21.77B | $24.76B | $25.17B | $24.93B | $27.88B | $24.61B | $19.08B | $18.76B | $23.33B | $18.2B | $13.06B | $13.26B | $14.12B | $13.78B | $13.37B | $9.4B | $8.52B | $8.06B | $8.98B | $9.35B | $12.43B | $11.86B | $9.64B | $8.61B | $8.94B | $5.86B | $4.43B | $2.75B |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $88.34M | $89.41M | $89.41M | $90.35M | $89.95M | $90.35M | $90.35M | $90.35M | $90.35M | $90.35M | $90.35M | $90.35M | $90.35M | $90.35M | $90.35M | $0 | $0 | $0 |
| Common Stock | $105.55M | $107.08M | $108.42M | $109.76M | $113.77M | $116.45M | $116.45M | $116.45M | $116.45M | $116.45M | $116.45M | $116.45M | $119.13M | $120.46M | $120.46M | $120.46M | $120.46M | $120.46M | $120.46M | $108.42M | $107.08M | $191.4M | $191.4M | $176.68M | $101.99M | $101.06M | $97.44M | $58.22M | $58.22M | $56.89M | $56.89M | $56.89M | $50.19M | $50.19M | $252.31M | $173.33M | $172M | $171.33M | $167.31M | $167.31M |
| Retained Earnings | $6.11B | $5.13B | $4.05B | $4.19B | $554.13M | -$3.5B | -$2.52B | -$3.04B | -$3.6B | -$6.13B | -$4.85B | -$6.1B | -$3.78B | -$3.61B | -$3.32B | -$1.98B | -$2.87B | -$91.02M | $30.79M | -$1.62B | -$3.84B | -$4.31B | -$717.43M | -$456.42M | $643.81M | $1.14B | $1.79B | $1.7B | $422.96M | $744.2M | $491.23M | $303.84M | $69.6M | $544.76M | $740.18M | $1.05B | $828.52M | $568.86M | $421.62M | $634.04M |
| Comprehensive Income & Other | $0 | $0 | $8.3B | $9.03B | $7.61B | $0 | $7.97B | $2.53B | $2.01B | $2.81B | $920.88M | $6.5B | $6.25B | $0 | $0 | $0 | $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 Stockholders' Equity | $9.53B | $10.31B | $9.98B | $10.71B | $9.29B | $9.6B | $9.64B | $10.35B | $9.83B | $10.62B | $8.73B | $8.45B | $8.19B | $8.47B | $8.87B | $8.99B | $8.89B | $9.65B | $7.83B | $7.02B | $7.47B | $7.68B | $8.01B | $7.86B | $8.05B | $8.01B | $7.87B | $851.28M | $1.37B | $1.37B | $603.66M | $681.29M | $1.7B | $1.7B | $2.53B | $2.07B | $2.09B | $2.09B | $774.98M | $832.27M |
| Total Equity | $15.75B | $15.55B | $14.13B | $15.01B | $9.95B | $6.21B | $7.24B | $7.42B | $6.35B | $4.6B | $4B | $2.47B | $4.53B | $4.98B | $5.68B | $7.14B | $6.14B | $9.68B | $7.99B | $5.51B | $3.73B | $3.55B | $7.48B | $7.58B | $8.8B | $9.25B | $9.76B | $2.61B | $1.85B | $2.18B | $1.15B | $1.04B | $1.82B | $2.29B | $3.52B | $3.3B | $3.1B | $2.83B | $1.36B | $1.63B |
| Minority Interest | $204.43M | $215.5M | $219.51M | $247.62M | $310.53M | $372.1M | $139.2M | $96.37M | $57.55M | $34.8M | $17.4M | $46.85M | $49.52M | $72.28M | $78.97M | $95.03M | $96.37M | $73.62M | $48.19M | $22.75M | $21.42M | $13.38M | $20.08M | $26.77M | $26.77M | $133.85M | $113.77M | $8.03M | $0 | $17.4M | $14.72M | $13.38M | $160.62M | $318.56M | $357.38M | $430.99M | $160.62M | $0 | $0 | $0 |
| Total Liabilities and Equity | $50.14B | $50.84B | $42.7B | $41.86B | $36.01B | $36.48B | $34.17B | $33.03B | $30B | $30.72B | $26.86B | $26.44B | $26.29B | $29.74B | $30.84B | $32.07B | $34.02B | $34.29B | $27.07B | $24.27B | $27.06B | $21.75B | $20.54B | $20.84B | $22.91B | $23.03B | $23.13B | $12.01B | $10.38B | $10.23B | $10.13B | $10.39B | $14.25B | $14.16B | $13.16B | $11.91B | $12.03B | $8.69B | $5.79B | $4.39B |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | $12.11B | $13.59B | $8.67B | $9.33B | $8.51B | $9.19B | $6.36B | $5.75B | $5.47B | $5.92B | $5.37B | $4.48B | $3.92B | $4B | $4.28B | $4.09B | $4.41B | $4.72B | $3.34B | $4.16B | $5.94B | $4.1B | $3.38B | $3.99B | $4.52B | $4.63B | $4.26B | $1.56B | $1.7B | $1.51B | $1.72B | $1.74B | $3.14B | $2.31B | $1.81B | $1.54B | $1.81B | $769.63M | $544.76M | $325.25M |
| Net Debt | $7.52B | $9.07B | $3.23B | $5.02B | $4.6B | $5.49B | $2.9B | $1.43B | $1.09B | $2.22B | $1.97B | $1.39B | $942.3M | -$491.23M | $1.42B | $321.24M | -$535.4M | $1.21B | -$757.58M | $13.38M | $2.49B | $1.89B | $2.34B | $2.75B | $2.5B | $2.66B | $3.17B | $1.14B | $1.42B | $1.31B | $1.41B | $1.33B | $2.7B | $1.8B | $1.56B | $1.05B | $1.18B | $505.95M | $273.05M | $221.12M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | $2.88B | $2.73B | $2.6B | $2.24B | $2.56B | $1.84B | $2.05B | $1.38B | $1.18B | $1.26B | $1.26B | $1.01B | $235.57M | $1.44B | $2.11B | $2.14B | $1.3B | $2.3B | $1.58B | $1.26B | $1.08B | $4.02M | $345.33M | -$522.01M | $566.18M | $252.97M | $690.66M | $807.11M | $698.69M | $583.58M | $382.81M | -$84.32M | -$78.97M | -$88.34M | $287.77M |
| Depreciation & Amortization | $1.52B | $1.45B | $1.05B | $1.02B | $938.28M | $903.48M | $821.02M | $468.6M | $455.13M | $461.78M | $615.7M | $879.39M | $1.87B | $895.45M | $1.01B | $1.2B | $2.14B | $1.01B | $816.48M | $564.84M | $701.37M | $1.15B | $836.56M | $823.17M | $188.73M | $413.59M | $282.42M | $178.02M | $215.5M | $219.51M | $212.82M | $254.31M | $468.47M | $443.04M | $409.58M |
| Deferred Income Tax | $164.95M | $0 | $0 | -$339.98M | -$788.37M | -$1.88B | -$844.59M | -$560.83M | -$104.4M | -$558.15M | -$907.5M | -$973.08M | -$641.14M | -$1.72B | -$1.24B | -$1.57B | $0 | $0 | $0 | $0 | -$406.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $232.9M | $192.74M | $147.23M | $135.19M | $123.14M | $99.05M | $99.05M | $85.66M | $81.65M | $73.62M | $58.89M | $56.22M | $65.59M | $76.29M | $91.02M | $77.63M | $69.6M | $68.26M | $45.51M | $28.11M | $21.42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$946.52M | -$161.96M | -$384.15M | -$1.43B | $816.48M | -$163.3M | -$643.81M | -$1.01B | -$531.38M | -$124.48M | $80.31M | $263.68M | -$368.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$144.01M | -$192.74M | -$298.48M | -$124.48M | $72.28M | $32.12M | -$101.73M | -$21.42M | -$38.82M | $127.16M | -$8.03M | -$1.34M | -$46.85M | $8.03M | -$113.77M | $425.64M | $8.03M | $61.57M | -$251.64M | $37.48M | $72.28M | -$77.63M | $25.43M | $299.82M | -$455.09M | $62.91M | $133.85M | $82.99M | -$348.01M | $520.67M | $544.76M | $100.39M | -$265.02M | -$342.65M | $219.51M |
| Accounts Payable | $638.87M | $1.73B | $2.19B | $1.99B | -$823.17M | $163.3M | $345.33M | $709.4M | $607.67M | -$352.02M | -$725.46M | $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 | $0 | $1.35B | $0 | $0 | $0 | $163.3M | $0 | -$303.84M | $6.69M | -$476.5M | -$645.15M | -$568.86M | -$2.14B | $1.84B | -$1.24B | -$1.04B | $718.77M | $168.65M | $1.33B | $477.84M | $1.3B | $1.89B | -$673.26M | -$1.06B | $788.37M | $1.84B | -$540.75M | -$1.72B | -$155.26M | -$543.43M | -$998.51M | -$552.8M | $341.31M | $1.57B | -$635.78M |
| Total Working Capital Change | -$451.66M | $997.17M | $1.51B | $432.33M | $65.59M | $195.42M | -$400.21M | -$325.25M | -$32.12M | -$349.35M | -$653.18M | -$570.2M | -$2.19B | $1.85B | -$1.35B | -$617.04M | $726.8M | $230.22M | $1.08B | $515.32M | $1.37B | $1.81B | -$647.83M | -$757.58M | $333.28M | $1.91B | -$406.9M | -$1.64B | -$503.27M | -$22.75M | -$453.75M | -$452.41M | $76.29M | $1.23B | -$416.27M |
| Other Non-Cash Items | -$26.3M | -$120.46M | -$263.68M | $309.19M | $377.45M | $409.58M | $411.72M | $555.35M | $955.63M | $761.6M | -$443.04M | -$476.5M | -$127.16M | -$1.36B | -$1.21B | -$1.52B | -$2.05B | -$1.49B | -$974.42M | -$1.68B | -$587.6M | -$72.28M | $174M | $18.74M | -$793.72M | -$493.9M | -$290.45M | -$155.26M | -$92.36M | -$101.73M | -$76.29M | -$172.66M | -$281.08M | -$1.61B | -$622.4M |
| Net Cash from Operating | $4.32B | $5.25B | $5.03B | $3.8B | $3.28B | $1.56B | $2.14B | $1.61B | $2.54B | $1.65B | $840.57M | $895.45M | -$147.23M | $2.91B | $645.15M | $1.29B | $2.19B | $2.12B | $2.54B | $685.31M | $2.58B | $2.9B | $708.06M | -$437.69M | $294.47M | $2.08B | $275.73M | -$807.11M | $318.56M | $678.61M | $65.59M | -$455.09M | $184.71M | -$26.77M | -$341.31M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | -$1.44B | -$1.33B | -$1.11B | -$927.57M | -$618.38M | -$638.46M | -$629.09M | -$665.23M | -$637.12M | -$655.86M | -$552.8M | -$430.99M | -$360.05M | -$538.07M | -$512.64M | -$571.53M | -$702.71M | -$738.85M | -$452.41M | -$596.97M | -$448.39M | -$489.89M | -$325.25M | -$366.75M | -$202.11M | -$500.59M | -$410.92M | -$501.93M | -$281.08M | -$230.22M | -$186.05M | -$339.98M | -$600.98M | -$651.84M | -$936.94M |
| Acquisitions | $77.24M | -$6.13B | -$29.45M | -$50.86M | -$44.17M | -$2.29B | -$24.09M | $40.15M | -$18.74M | $1.34M | $10.71M | -$310.53M | -$1.34M | $120.46M | -$546.1M | -$239.59M | -$338.64M | -$1.34B | -$2.11B | $163.3M | -$2.24B | -$736.17M | -$82.99M | $26.77M | -$203.45M | -$1.98B | -$1.6B | -$714.75M | -$73.62M | -$145.9M | $45.51M | $2.21B | $425.64M | $9.37M | -$65.59M |
| Purchases of Investments | -$2.62M | $0 | $0 | -$10.71M | -$20.08M | -$2.68M | -$8.03M | -$2.68M | -$4.02M | -$6.69M | -$10.71M | -$2.68M | -$6.69M | -$8.03M | -$1.34M | -$12.05M | $0 | $54.88M | -$1.34M | -$633.1M | -$38.82M | -$66.92M | -$100.39M | $337.3M | -$4.02M | -$18.74M | $0 | $88.34M | $45.51M | -$26.77M | -$127.16M | -$410.92M | -$22.75M | -$65.59M | -$147.23M |
| Sales of Investments | $0 | $0 | $0 | $9.37M | $341.31M | $25.43M | $155.26M | -$30.79M | $1.34M | $0 | $1.34M | $0 | $0 | $0 | $210.14M | $124.48M | $0 | $219.51M | $479.18M | $1.34M | $112.43M | $330.61M | $508.63M | $2.68M | $12.05M | $125.82M | $0 | $1.14B | $30.79M | $265.02M | $266.36M | $120.46M | $10.71M | $159.28M | $61.57M |
| Other Investing Activities | $166.26M | $405.56M | $410.92M | $414.93M | $429.65M | $175.34M | $195.42M | $202.11M | $120.46M | -$259.67M | $369.42M | $738.85M | $266.36M | $261.01M | $669.24M | $199.43M | -$44.17M | $274.39M | $322.58M | $2.96B | $400.21M | $195.42M | $452.41M | $65.59M | $314.54M | $791.05M | $364.07M | $1.14B | -$116.45M | -$540.75M | -$109.76M | $76.29M | $24.09M | $314.54M | $1.39B |
| Net Cash from Investing | -$1.2B | -$7.05B | -$724.12M | -$564.84M | $88.34M | -$2.73B | -$310.53M | -$456.42M | -$481.86M | -$811.12M | -$294.47M | $73.62M | -$57.55M | -$107.08M | -$180.7M | -$499.26M | -$1.09B | -$1.58B | -$1.76B | $1.9B | -$2.21B | -$1.1B | -$56.22M | -$271.71M | -$82.99M | -$1.71B | -$1.65B | $1.06B | -$440.36M | -$678.61M | -$156.6M | $1.53B | -$163.3M | -$393.52M | $301.16M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Debt Repaid | $752.23M | -$4.2B | -$216.84M | $535.4M | $491.23M | -$2.89B | $1.05B | $9.37M | - | $382.81M | -$655.86M | -$376.12M | - | $149.91M | -$203.45M | $346.67M | -$1.05B | $409.58M | $1.04B | $1.14B | -$867.34M | $293.13M | $496.58M | $343.99M | -$635.78M | $254.31M | -$1.29B | $186.05M | -$156.6M | $64.25M | -$96.37M | $273.05M | $165.97M | -$428.32M | -$174M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $36.14M | $0 | $1.34M | $0 | $4.02M | $1.34M | $0 | $0 | $0 | $0 | $8.03M | $6.69M | $21.42M | $1.08B | $70.94M | $499.26M | $0 | $0 | $42.83M | $40.15M | $95.03M | $57.55M | $24.09M | $22.75M | $8.03M | $13.38M | $227.54M | $0 | $0 | $582.24M |
| Common Stock Repurchases | -$657.2M | -$742.86M | -$750.89M | -$1.05B | -$492.56M | $2.89B | $0 | $0 | -$1.34M | $0 | $0 | -$376.12M | -$283.76M | -$21.42M | -$681.29M | -$704.04M | -$33.46M | -$57.55M | -$270.37M | -$165.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$135.19M | $0 | $0 | $0 | $0 |
| Dividends Paid | -$1.34B | -$1.25B | -$1.15B | -$1.07B | -$1.04B | -$998.51M | -$969.07M | -$940.96M | -$915.53M | -$896.79M | -$876.71M | -$859.31M | -$853.96M | -$829.86M | -$811.12M | -$768.29M | -$714.75M | -$639.8M | -$530.04M | -$463.12M | -$421.62M | -$376.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$207.38M | -$1.27B | -$856.63M | -$143.22M | -$705.38M | -$274.39M | -$610.35M | -$275.73M | -$414.93M | $372.1M | -$33.46M | $5.35M | -$91.02M | -$176.68M | -$74.96M | -$202.11M | $9.37M | -$485.87M | -$41.49M | -$60.23M | -$119.13M | -$216.84M | -$12.05M | -$14.72M | -$13.38M | -$5.35M | $912.85M | -$8.03M | -$37.48M | -$17.4M | -$10.71M | -$13.38M | -$22.75M | $0 | -$38.82M |
| Net Cash from Financing | -$2.96B | $930.25M | -$2.93B | -$3.12B | -$3.02B | $1.3B | -$2.63B | -$1.25B | -$1.33B | -$622.4M | -$252.97M | -$853.96M | -$1.23B | -$1.18B | -$1.36B | -$2.01B | $321.24M | -$1.57B | -$817.82M | -$1.79B | $797.74M | -$886.08M | -$508.63M | -$315.88M | $662.55M | -$164.63M | $2.26B | -$169.99M | $141.88M | -$73.62M | -$36.14M | -$58.89M | -$188.73M | $428.32M | $717.43M |
| Forex Effect | $237.89M | -$53.54M | -$95.03M | $141.88M | -$9.37M | -$29.45M | -$64.25M | $54.88M | -$65.59M | $101.73M | $6.69M | $6.69M | -$54.88M | -$20.08M | $8.03M | $52.2M | $14.72M | $447.06M | $4.02M | -$12.05M | -$41.49M | -$2.68M | $258.33M | -$52.2M | $0 | $0 | $0 | $1.34M | $1.34M | $2.68M | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $391.07M | -$922.22M | $1.28B | $254.31M | $334.62M | $107.08M | -$863.32M | -$42.83M | $659.87M | $313.21M | $299.82M | $121.8M | -$1.49B | $1.6B | -$891.43M | -$1.17B | $1.44B | -$590.27M | -$37.48M | $780.34M | $1.13B | $910.17M | $544.76M | -$665.23M | $874.03M | $207.47M | $884.74M | $85.66M | $21.42M | -$70.94M | -$127.16M | $1.02B | -$167.31M | $8.03M | $677.28M |
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $4.32B | $5.25B | $5.03B | $3.8B | $3.28B | $1.56B | $2.14B | $1.61B | $2.54B | $1.65B | $840.57M | $895.45M | -$147.23M | $2.91B | $645.15M | $1.29B | $2.19B | $2.12B | $2.54B | $685.31M | $2.58B | $2.9B | $708.06M | -$437.69M | $294.47M | $2.08B | $275.73M | -$807.11M | $318.56M | $678.61M | $65.59M | -$455.09M | $184.71M | -$26.77M | -$341.31M |
| Capital Expenditure | -$1.2B | -$1.56B | -$1.28B | -$927.57M | -$618.38M | -$638.46M | -$629.09M | -$665.23M | -$637.12M | -$655.86M | -$552.8M | -$430.99M | -$360.05M | -$538.07M | -$512.64M | -$571.53M | -$702.71M | -$738.85M | -$452.41M | -$596.97M | -$448.39M | -$489.89M | -$325.25M | -$366.75M | -$202.11M | -$500.59M | -$410.92M | -$501.93M | -$281.08M | -$230.22M | -$186.05M | -$339.98M | -$600.98M | -$651.84M | -$936.94M |
| Free Cash Flow | $3.11B | $3.7B | $3.75B | $2.87B | $2.66B | $922.22M | $1.51B | $940.96M | $1.9B | $989.14M | $287.77M | $464.46M | -$507.29M | $2.37B | $132.51M | $716.09M | $1.48B | $1.38B | $2.09B | $88.34M | $2.13B | $2.41B | $382.81M | -$804.43M | $92.36M | $1.58B | -$135.19M | -$1.31B | $37.48M | $448.39M | -$120.46M | -$795.06M | -$416.27M | -$678.61M | -$1.28B |
| Cash at Beginning | $4.2B | $5.44B | $4.16B | $3.9B | $3.57B | $3.46B | $4.33B | $4.37B | $3.71B | $3.4B | $3.1B | $2.97B | $4.46B | $2.86B | $3.75B | $4.92B | $3.49B | $4.08B | $4.11B | $3.33B | $2.21B | $1.3B | -$1.71B | -$1.07B | $890.09M | $109.76M | -$216.84M | $1.4B | $2.5B | -$318.56M | $441.7M | $1.69B | $1.86B | $1.85B | $1.17B |
| Cash at End | $4.59B | $4.52B | $5.44B | $4.16B | $3.9B | $3.57B | $3.46B | $4.33B | $4.37B | $3.71B | $3.4B | $3.1B | $2.97B | $4.46B | $2.86B | $3.75B | $4.92B | $3.49B | $4.08B | $4.11B | $3.33B | $2.21B | -$1.16B | -$1.74B | $1.76B | $317.22M | $667.91M | $1.49B | $2.52B | -$389.5M | $314.54M | $2.71B | $1.69B | $1.86B | $1.85B |