FEDERAL HOME LOAN MORTGAGE CORP (FMCC)
Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a key participant in the United States' secondary mortgage market. Its primary activities involve acquiring residential mortgage loans, encompassing both single-family homes and multi-unit properties, from a variety of lenders. Furthermore, the corporation allocates capital to mortgage loans and related securities. The company's operations are divided into two main divisions: Single-family and Multifamily. The Single-family division is tasked with the procurement, securitization, and assurance of loans for individual residences. It also manages the inherent credit risk associated with these mortgages, oversees its portfolio of mortgage-linked investments, directs single-family securitization processes, and performs treasury functions. This segment provides services to a wide array of clients, including mortgage banking firms, commercial and regional banks, community banks, credit unions, housing finance agencies, savings institutions, and other non-depository financial entities. Conversely, the Multifamily division concentrates on the acquisition, disposition, securitization, and guaranteeing of loans and securities pertaining to multi-unit properties, notably through its K and SB certificates. It also issues and backs other securitization products, facilitates various credit risk transfer mechanisms, and extends additional mortgage-related guarantees. Its diverse clientele includes banks and other depository institutions, insurance companies, asset management firms, central banks, pension funds, state and local government entities, real estate investment trusts, brokers and dealers, and a broad spectrum of lending organizations. The corporation was founded in 1970 and is based in McLean, Virginia.
Sector: Federal & Federally-Sponsored Credit Agencies
Industry: Financial - Mortgages
FREDDIE MAC
OTC:FMCCFinancial Services · Financial - Mortgages
+5.93%$3.93
AH Close$3.93+0.00%vs close
AH Close$3.93+0.00%vs close
Mkt Cap$2.55B
Float650.06M
O/S650.06M
Inst Own0.1%
SI1.6%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$132.56B
Net Income$10.73B
Total Assets$3.5T
Free Cash Flow$19.37B
Debt & Equity
Debt 96%
Equity 2%
Preferred 2%
Total Debt$3.41T
Total Equity$70.38B
Preferred Stock$86.76B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FMCC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3.5T
Liabilities$3.43T
Accounts Receivable$12.25B
Accounts Payable$10.6B
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Revenue | $132.56B | $120.27B | $107.66B | $81.34B | $62.24B | $68.64B | $79.07B | $70.83B | $73.84B | $63.41B | $64.32B | $70.5B | $76.77B | $85.1B | $100.4B | $110.56B | $56.52B | $44.81B | $44.37B | $42.49B | $36.45B | $34.47B | $36.84B | $45.62B | $33.77B | $31.83B | $24.27B | $18.05B | $14.4B | $12.12B | $9.52B | $6.99B | $5.46B | $4.53B | $4.26B | $4B |
| YoY Growth | 10.2% | 11.7% | 32.4% | 30.7% | -9.3% | -13.2% | 11.6% | -4.1% | 16.4% | -1.4% | -8.8% | -8.2% | -9.8% | -15.2% | -9.2% | 95.6% | 26.1% | 1.0% | 4.4% | 16.6% | 5.7% | -6.4% | -19.2% | 35.1% | 6.1% | 31.2% | 34.5% | 25.3% | 18.8% | 27.3% | 36.2% | 28.1% | 20.4% | 6.4% | 6.6% | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26.52B | $27B | $27.61B | $25.5B | $20.27B | $14.9B | $11.43B | $9.56B | $7.25B | $4.9B | $3.87B | $3.25B | $3.15B | $3.14B |
| Gross Profit | $132.56B | $120.27B | $107.66B | $81.34B | $62.24B | $68.64B | $79.07B | $70.83B | $73.84B | $63.41B | $64.32B | $70.5B | $76.77B | $85.1B | $100.4B | $110.56B | $56.52B | $44.81B | $44.37B | $42.49B | $36.45B | $0 | $10.32B | $18.61B | $6.16B | $6.33B | $4B | $3.15B | $2.97B | $2.56B | $2.27B | $2.09B | $1.58B | $1.28B | $1.11B | $857M |
| Gross Margin | 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% | - | 28.0% | 40.8% | 18.2% | 19.9% | 16.5% | 17.4% | 20.6% | 21.1% | 23.8% | 29.8% | 29.1% | 28.2% | 26.1% | 21.4% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.71B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $624M | $593M | $537M | $433M | $655M | $578M | $495M | $440M | $395M | $379M | $361M | $329M | $287M | $243M |
| Other | $9.07B | $7.35B | $7.33B | $4.28B | $3.09B | $10.79B | $9.17B | $60.26B | $3.69B | $51.37B | $54.52B | $9.3B | $55.81B | $74.02B | $13.19B | $29.2B | $40.43B | $38.52B | $12.04B | $2.58B | $2.92B | $0 | $2.68B | $3.22B | $1.17B | $723M | $179M | $213M | $511M | $318M | $286M | $225M | $96M | $48M | $24M | $27M |
| Total Operating Expenses | $10.79B | $7.35B | $7.33B | $4.28B | $3.09B | $10.79B | $9.17B | $60.26B | $3.69B | $51.37B | $54.52B | $9.3B | $55.81B | $74.02B | $13.19B | $29.2B | $40.43B | $38.52B | $12.04B | $2.58B | $2.92B | $0 | $3.3B | $3.81B | $1.7B | $1.16B | $834M | $791M | $1.01B | $758M | $681M | $604M | $457M | $377M | $311M | $270M |
| Operating Income (EBIT) | $121.78B | $112.92B | $100.33B | $77.06B | $59.15B | $57.85B | $69.9B | $10.57B | $70.15B | $12.04B | $9.81B | $61.19B | $20.96B | $11.07B | $87.21B | $81.36B | $16.09B | $6.29B | $32.33B | $39.91B | $33.54B | $32.23B | $7.02B | $14.8B | $4.45B | $5.17B | $3.16B | $2.36B | $1.96B | $1.8B | $1.59B | $1.48B | $1.13B | $901M | $800M | $587M |
| Operating Margin | 91.9% | 93.9% | 93.2% | 94.7% | 95.0% | 84.3% | 88.4% | 14.9% | 95.0% | 19.0% | 15.2% | 86.8% | 27.3% | 13.0% | 86.9% | 73.6% | 28.5% | 14.0% | 72.9% | 93.9% | 92.0% | 93.5% | 19.1% | 32.4% | 13.2% | 16.2% | 13.0% | 13.1% | 13.6% | 14.8% | 16.7% | 21.2% | 20.7% | 19.9% | 18.8% | 14.7% |
| Interest Expense | $108.42B | $98.14B | $86.82B | $65.45B | $43.95B | $49.57B | $61.05B | $58.03B | $53.64B | $50.79B | $52.14B | $55.22B | $56.23B | $67.11B | $80.74B | $93.1B | $23.27B | $34.68B | $39.81B | $38.85B | $30.96B | $26.57B | $26.51B | $26.88B | $27.58B | $25.42B | $20.21B | $14.71B | $11.12B | $9.24B | $7B | $4.7B | $3.57B | $2.83B | $2.74B | $2.69B |
| Interest Income | $129.82B | $117.88B | $105.36B | $83.46B | $61.53B | $62.34B | $72.89B | $70.05B | $67.81B | $65.17B | $67.09B | $69.48B | $72.7B | $84.72B | $99.14B | $109.96B | $40.35B | $41.48B | $42.91B | $43.09B | $36.33B | $35.7B | $37.1B | $38.48B | $35.37B | $29.18B | $22.75B | $16.64B | $13B | $10.78B | $9.52B | $6.92B | $5.46B | $4.46B | $4.22B | $3.96B |
| Other Income (Expense) | -$108.42B | -$98.14B | -$87.13B | -$65.45B | -$43.95B | -$48.63B | -$60.85B | $904M | -$53.32B | -$402M | -$532M | -$50.19B | $4.41B | -$1.63B | -$92.88B | -$96.24B | -$38.47B | -$50.85B | -$38.31B | -$37.75B | -$30.88B | -$28.38B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $13.36B | $14.78B | $13.2B | $11.6B | $15.2B | $9.23B | $9.05B | $11.47B | $16.83B | $11.64B | $9.27B | $11B | $25.36B | $9.45B | -$5.67B | -$14.88B | -$22.38B | -$44.56B | -$5.98B | $2.22B | $2.48B | $3.73B | $7.02B | $14.8B | $4.45B | $5.17B | $3.16B | $2.36B | $1.96B | $1.8B | $1.59B | $1.48B | $1.13B | $901M | $800M | $587M |
| Income Tax Expense | $2.63B | $2.92B | $2.66B | $2.28B | $3.09B | $1.9B | $1.83B | $2.24B | $11.21B | $3.82B | $2.9B | $3.31B | -$23.3B | -$1.54B | -$400M | -$856M | -$830M | $5.55B | -$2.88B | -$108M | $367M | $790M | $2.2B | $4.71B | $1.34B | $1.5B | $943M | $656M | $569M | $539M | $495M | $455M | $342M | $279M | $245M | $173M |
| Net Income | $10.73B | $11.86B | $10.54B | $9.33B | $12.11B | $7.33B | $7.21B | $9.23B | $5.63B | $7.82B | $6.38B | $7.69B | $48.67B | $10.98B | -$5.27B | -$14.03B | -$21.55B | -$50.12B | -$3.09B | $2.33B | $2.05B | $2.94B | $4.82B | $10.09B | $3.16B | $3.67B | $2.22B | $1.7B | $1.4B | $1.24B | $1.09B | $983M | $786M | $622M | $555M | $414M |
| Net Income Margin | 8.1% | 9.9% | 9.8% | 11.5% | 19.5% | 10.7% | 9.1% | 13.0% | 7.6% | 12.3% | 9.9% | 10.9% | 63.4% | 12.9% | -5.2% | -12.7% | -38.1% | -111.9% | -7.0% | 5.5% | 5.6% | 8.5% | 13.1% | 22.1% | 9.4% | 11.5% | 9.2% | 9.4% | 9.7% | 10.3% | 11.5% | 14.1% | 14.4% | 13.7% | 13.0% | 10.4% |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||
| EPS | -0.02 | 0.00 | -0.05 | 0.11 | 0.15 | 0.01 | -0.18 | 1.12 | -1.00 | 0.03 | -0.01 | -0.72 | -1.09 | -0.64 | -3.63 | -6.09 | -7.89 | -34.60 | -5.37 | 3.01 | 2.73 | 3.47 | 6.69 | 14.22 | 4.25 | 3.41 | 2.97 | 2.32 | 1.90 | 1.65 | 1.42 | 1.27 | 1.02 | 0.82 | 0.77 | 0.58 |
| Diluted EPS | -0.02 | 0.00 | -0.05 | 0.11 | 0.15 | 0.01 | -0.18 | 1.12 | -1.00 | 0.03 | -0.01 | -0.72 | -1.09 | -0.64 | -3.63 | -6.09 | -7.89 | -34.60 | -5.37 | 3.00 | 2.73 | 3.46 | 6.68 | 14.17 | 4.23 | 3.40 | 2.96 | 2.31 | 1.88 | 1.63 | 1.41 | 1.26 | 1.02 | 0.82 | 0.77 | 0.58 |
| Weighted Average OS | 3.23B | 3.23B | 3.23B | 3.23B | 3.23B | 3.23B | 3.23B | 3.23B | 3.23B | 3.23B | 3.23B | 3.24B | 3.24B | 3.24B | 3.24B | 3.25B | 3.25B | 1.47B | 651.88M | 680.86M | 691.58M | 689.28M | 687.09M | 692.73M | 692.60M | 693.55M | 696.04M | 679.79M | 684.94M | 707.88M | 722.53M | 722.84M | 759.80M | 721.95M | 720.78M | 713.79M |
| EBITDA | $122.91B | $112.92B | $100.02B | $77.06B | $59.15B | $58.75B | $70.01B | $69.37B | $70.48B | $62.23B | $61.19B | $65.92B | $81.14B | $75.33B | $74.32B | $77.25B | -$234M | -$11.23B | $32.5B | $39.43B | $32.55B | $32.23B | $10.47B | $15.67B | $4.36B | $3.36B | $12.48B | $9.46B | $6.12B | $1.95B | $1.75B | $1.75B | $1.49B | $1.18B | $1.09B | $827M |
| EBITDA Margin | 92.7% | 93.9% | 92.9% | 94.7% | 95.0% | 85.6% | 88.5% | 97.9% | 95.4% | 98.1% | 95.1% | 93.5% | 105.7% | 88.5% | 74.0% | 69.9% | -0.4% | -25.1% | 73.2% | 92.8% | 89.3% | 93.5% | 28.4% | 34.4% | 12.9% | 10.6% | 51.4% | 52.4% | 42.5% | 16.1% | 18.4% | 25.0% | 27.3% | 26.0% | 25.6% | 20.7% |
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 | $5.33B | $5.53B | $5.04B | $5.65B | $8.46B | $6.51B | $4.2B | $6.68B | $6.85B | $12.37B | $5.59B | $10.93B | $11.28B | $8.51B | $28.44B | $37.01B | $64.68B | $45.33B | $8.57B | $11.36B | $10.47B | $35.25B | $23.14B | $10.79B | $3.46B | $366M | $5.14B | $2.56B | $438M | $9.14B | $7.48B | $11.44B | $3.22B | $6.45B | $7.99B | $4.86B |
| Short-Term Investments | $85.41B | $55.77B | $4.89B | $6.53B | $4.01B | $15.37B | $26.17B | $33.56B | $43.6B | $66.76B | $74.94B | $106.55B | $128.92B | $174.9B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $90.74B | $61.3B | $5.04B | $12.19B | $12.47B | $21.88B | $30.37B | $40.24B | $50.45B | $79.13B | $80.53B | $117.48B | $140.2B | $183.41B | $28.44B | $37.01B | $64.68B | $45.33B | $8.57B | $11.36B | $10.47B | $35.25B | $23.14B | $10.79B | $3.46B | $366M | $5.14B | $2.56B | $438M | $9.14B | $7.48B | $11.44B | $3.22B | $6.45B | $7.99B | $4.86B |
| Accounts Receivable | $12.25B | $11.03B | $9.93B | $8.53B | $7.47B | $29.43B | $16.96B | $9.18B | $6.36B | $6.13B | $9.7B | $10.98B | $11.83B | $16.97B | $8.06B | $8.71B | $3.38B | $6.34B | $5B | $7.46B | $6.37B | $7.29B | $8.07B | $10.61B | $8.71B | $21.1B | $18.64B | $14.58B | $6.95B | $0 | $756M | $431M | $467M | $295M | $265M | $245M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $892M | $1.2B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $102.99B | $72.33B | $14.97B | $20.72B | $20.91B | $52.68B | $49.2B | $49.41B | $13.2B | $18.5B | $91.14B | $128.46B | $152.03B | $200.38B | $36.5B | $45.73B | $68.06B | $51.66B | $13.58B | $18.82B | $16.84B | $42.54B | $31.21B | $21.4B | $12.18B | $21.47B | $23.78B | $17.14B | $7.38B | $9.14B | $8.24B | $11.87B | $3.68B | $6.75B | $8.25B | $5.1B |
| Long-Term Assets | ||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $959M | $798M | $630M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $4.84B | $0 | $0 | $0 | $0 | $0 | $8.11B | $15.82B | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$16.45B | $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 |
| Long-Term Investments | $3.29T | $3.9B | $43.27B | $3.03T | $2.85T | $2.39T | $2.03T | $1.93T | $84.32B | $111.55B | $1.75T | $1.7T | $1.69T | $1.69T | $269.49B | $292.9B | $512.77B | $567.44B | $664.86B | $680.51B | $690.12B | $632.98B | $665.55B | $626.98B | $517.1B | $40.72B | $31.75B | $44.75B | $13.4B | $9.89B | $4.75B | $11.89B | $14.03B | $8.48B | $5.52B | $1.95B |
| Deferred Tax Assets | $5.04B | $5.07B | $4.84B | $5.78B | $6.21B | $6.56B | $5.92B | $6.89B | $8.11B | $15.82B | $18.2B | $19.5B | $22.72B | $778M | $3.55B | $5.54B | $11.1B | $15.35B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$3.29T | $3.38T | $3.23T | $147.32B | $149.89B | $181.68B | $113.36B | $76.68B | -$93.22B | -$111.55B | $121.96B | $96.18B | $105.46B | $101.7B | -$269.49B | -$292.9B | $249.85B | $216.5B | -$664.86B | -$680.51B | -$690.12B | -$632.98B | -$665.55B | -$626.98B | $111.83B | -$40.72B | -$31.75B | -$44.75B | -$13.4B | -$9.89B | -$4.75B | -$11.89B | -$14.03B | -$8.48B | -$5.52B | -$1.95B |
| Total Long-Term Assets | $5.04B | $3.39T | $3.28T | $3.19T | $3T | $2.57T | $2.14T | $2.01T | $8.11B | $15.82B | $1.89T | $1.82T | $1.81T | $1.79T | $3.55B | $5.54B | $773.73B | $799.3B | $664.86B | $680.51B | $690.12B | $632.98B | $665.55B | $626.98B | $628.92B | $40.72B | $31.75B | $44.75B | $13.4B | $9.89B | $4.75B | $11.89B | $14.03B | $8.48B | $5.52B | $1.95B |
| Other Assets | $3.39T | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.03T | $1.99T | $0 | $0 | $0 | $0 | $2.11T | $2.21T | $0 | $0 | $115.94B | $113.75B | $99.26B | $119.77B | $106.69B | $103.86B | $0 | $397.11B | $331.16B | $259.52B | $173.81B | $154.83B | $124.2B | $82.43B | $66.17B | $44.27B | $33.09B | $33.53B |
| Total Assets | $3.5T | $3.39T | $3.28T | $3.21T | $3.03T | $2.63T | $2.19T | $2.06T | $2.05T | $2.02T | $1.99T | $1.95T | $1.97T | $1.99T | $2.15T | $2.26T | $841.78B | $850.96B | $794.37B | $813.08B | $806.22B | $795.28B | $803.45B | $752.25B | $641.1B | $459.3B | $386.68B | $321.42B | $194.6B | $173.87B | $137.18B | $106.2B | $83.88B | $59.5B | $46.86B | $40.58B |
| Liabilities | ||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||
| Accounts Payable | $10.6B | $9.82B | $8.81B | $7.31B | $6.27B | $6.21B | $6.56B | $6.65B | $6.97B | $6.97B | $7.47B | $7.13B | $7.69B | $8.69B | $9.74B | $10.29B | $5.05B | $6.5B | $7.86B | $8.31B | $7.61B | $7.33B | $7.34B | $7.29B | $6.04B | $0 | $0 | $0 | $0 | $0 | $2.08B | $1.36B | $949M | $607M | $412M | $369M |
| Short-Term Debt | $37.72B | $14.68B | $5.98B | $7.71B | $0 | $4.96B | $110.88B | $51.08B | $0 | $0 | $113.57B | $134.62B | $0 | $0 | $0 | $0 | $343.98B | $435.11B | $295.92B | $294.86B | $288.53B | $282.3B | $295.26B | $244.43B | $264.23B | $183.58B | $175.53B | $193.87B | $85.13B | $80.11B | $62.14B | $47.31B | $18B | $12.85B | $17.24B | $19.96B |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $656M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $8.81B | $0 | $0 | $0 | $0 | $0 | $11.09B | $0 | $0 | $0 | $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 | -$10.6B | $0 | -$17.62B | $0 | $0 | $0 | $0 | $0 | -$21.54B | -$11.48B | $0 | $0 | $0 | $0 | -$9.74B | -$10.29B | $0 | $0 | -$303.79B | -$303.17B | -$296.14B | -$289.63B | -$302.61B | -$251.72B | $0 | -$183.58B | -$175.53B | -$193.87B | -$85.13B | -$87.33B | -$64.3B | -$48.66B | -$18.95B | -$13.46B | -$17.93B | -$20.54B |
| Total Current Liabilities | $37.72B | $24.5B | $14.79B | $15.02B | $6.27B | $11.16B | $117.44B | $57.73B | $80.04B | $78.42B | $121.04B | $141.75B | $7.69B | $8.69B | $8.9B | $10.29B | $349.02B | $441.62B | $303.79B | $303.21B | $296.14B | $289.63B | $302.61B | $251.72B | $270.27B | $183.58B | $175.53B | $193.87B | $85.13B | $80.11B | $64.22B | $48.66B | $18.95B | $13.46B | $17.65B | $20.33B |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||||||
| Long-Term Debt | $3.37T | $3.29T | $3.21T | $3.15T | $2.98T | $2.59T | $2.07T | $1.99T | $2.03T | $2T | $1.86T | $1.79T | $1.94T | $1.97T | $2.13T | $2.24T | $780.6B | $407.91B | $442.64B | $459.08B | $460.26B | $449.39B | $444.35B | $421.27B | $314.14B | $243.32B | $185.19B | $93.53B | $83.97B | $76.88B | $66.63B | $51.86B | $59.58B | $16.78B | $13.02B | $10.98B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.05T | $2.02T | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.05T | -$2.02T | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $22.19B | $12.35B | $25.06B | $8.79B | $17.37B | $12.71B | -$761M | $6.77B | -$2.03T | -$2T | $5.23B | $6.22B | $4.79B | $5.29B | -$2.13T | -$2.24T | -$292.21B | $32.07B | -$442.64B | -$459.08B | -$460.26B | -$449.39B | -$444.35B | -$421.27B | $34.45B | -$243.32B | -$185.19B | -$93.53B | -$83.97B | -$76.88B | -$66.63B | -$51.86B | -$59.58B | -$16.78B | -$13.02B | -$10.98B |
| Total Long-Term Liabilities | $3.39T | $3.29T | $3.23T | $3.16T | $2.99T | $2.6T | $2.07T | $2T | $1.96T | $1.93T | $1.86T | $1.8T | $1.95T | $1.97T | $2.13T | $2.24T | $488.39B | $439.98B | $442.64B | $459.08B | $460.26B | $449.39B | $444.35B | $421.27B | $348.59B | $243.32B | $185.19B | $93.53B | $83.97B | $76.88B | $66.63B | $51.86B | $59.58B | $16.78B | $13.02B | $10.98B |
| Other Liabilities | $0 | $12.35B | $0 | $0 | $0 | $0 | $0 | $0 | $8.48B | $9.32B | $0 | $0 | $0 | $0 | $6.48B | $9.31B | $0 | $0 | $21.05B | $21.98B | $21.68B | $23.33B | $23.07B | $45.63B | $0 | $17.56B | $14.45B | $23.19B | $14.23B | $10.15B | $473M | $515M | $917M | $25.69B | $13.62B | $7.13B |
| Total Liabilities | $3.43T | $3.33T | $3.23T | $3.17T | $3T | $2.61T | $2.18T | $2.06T | $2.05T | $2.02T | $1.98T | $1.94T | $1.95T | $1.98T | $2.15T | $2.26T | $837.41B | $881.6B | $767.47B | $784.26B | $778.08B | $762.36B | $770.03B | $718.61B | $618.86B | $444.46B | $375.16B | $310.59B | $183.33B | $167.13B | $131.32B | $101.04B | $79.44B | $55.93B | $44.29B | $38.44B |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||
| Preferred Stock | $86.76B | $72.65B | $86.76B | $86.76B | $86.76B | $86.76B | $86.76B | $86.76B | $86.44B | $86.44B | $86.44B | $86.44B | $86.44B | $86.44B | $86.28B | $78.31B | $65.81B | $28.91B | $14.11B | $6.11B | $4.61B | $4.61B | $4.61B | $4.61B | $4.6B | $3.19B | $3.19B | $2.81B | $1.59B | $46M | $0 | $35M | $35M | $23M | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $389M | $456M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $152M | $152M | $152M | $152M | $152M | $152M | $152M | $152M | $152M | $152M | $152M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$12.54B | -$23.27B | -$35.13B | -$45.67B | -$54.99B | -$67.1B | -$74.19B | -$78.26B | -$83.26B | -$77.94B | -$80.77B | -$81.64B | -$69.72B | -$70.8B | -$74.53B | -$62.73B | -$33.92B | -$23.19B | $26.91B | $32.18B | $31.56B | $30.73B | $28.84B | $24.95B | $15.71B | $11.63B | $9.74B | $8.08B | $6.83B | $5.8B | $4.88B | $4.07B | $3.34B | $2.77B | $2.31B | $1.88B |
| Comprehensive Income & Other | $51M | -$27M | -$22M | -$188M | $154M | $643M | $438M | -$135M | $389M | $456M | $1.15B | $1.73B | -$6M | -$2.94B | -$8B | -$9.68B | -$20.62B | -$32.36B | -$11.14B | -$7.87B | -$8.77B | -$3.59B | -$1.5B | $2.34B | -$557M | $456M | -$1.17B | $120M | $146M | -$12M | $33M | -$7M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $82.92B | $82.84B | $82.85B | $82.68B | $83.03B | $83.52B | $83.31B | $82.74B | $82.56B | $82.56B | $83.71B | $84.29B | $82.55B | $79.62B | $74.38B | $62.33B | $38.2B | -$7.54B | -$337M | -$4.03B | -$4.52B | $536M | $2.5B | $6.22B | $3.76B | $3.06B | $1.64B | $2.6B | $539M | $927M | $979M | $1.09B | $1.09B | $801M | $252M | $257M |
| Total Equity | $70.38B | $59.58B | $47.72B | $37.02B | $28.03B | $16.41B | $9.12B | $4.48B | -$312M | $5.08B | $2.94B | $2.65B | $12.84B | $8.83B | -$146M | -$401M | $4.28B | -$30.73B | $26.72B | $28.3B | $27.19B | $31.42B | $31.49B | $31.33B | $19.62B | $14.84B | $11.53B | $10.84B | $7.52B | $6.73B | $5.86B | $5.16B | $4.44B | $3.57B | $2.57B | $2.14B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.02T | $1.98T | $0 | $0 | $0 | $0 | $0 | $0 | $94M | $97M | $176M | $516M | $949M | $1.51B | $1.93B | $2.31B | $2.62B | $0 | $0 | $0 | $3.75B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.5T | $3.39T | $3.28T | $3.21T | $3.03T | $2.63T | $2.19T | $2.06T | $2.05T | $2.02T | $1.99T | $1.95T | $1.97T | $1.99T | $2.15T | $2.26T | $841.69B | $850.87B | $794.19B | $812.57B | $805.27B | $793.77B | $801.52B | $749.94B | $638.48B | $459.3B | $386.68B | $321.42B | $190.85B | $173.87B | $137.18B | $106.2B | $83.88B | $59.5B | $46.86B | $40.58B |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||
| Total Debt | $3.41T | $3.3T | $3.21T | $3.16T | $2.98T | $2.59T | $2.18T | $2.05T | $2.03T | $2T | $1.97T | $1.93T | $1.94T | $1.97T | $2.13T | $2.24T | $1.12T | $843.02B | $738.56B | $753.94B | $748.79B | $731.7B | $739.61B | $665.7B | $578.37B | $426.9B | $360.71B | $287.4B | $169.09B | $156.98B | $128.77B | $99.16B | $77.58B | $29.63B | $30.26B | $30.94B |
| Net Debt | $3.4T | $3.3T | $3.21T | $3.15T | $2.97T | $2.59T | $2.17T | $2.04T | $2.03T | $1.99T | $1.96T | $1.92T | $1.93T | $1.96T | $2.1T | $2.21T | $1.06T | $797.7B | $729.98B | $742.58B | $738.32B | $696.44B | $716.47B | $654.9B | $574.9B | $426.53B | $355.57B | $284.83B | $168.66B | $147.84B | $121.28B | $87.72B | $74.36B | $23.18B | $22.27B | $26.08B |
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 | $15.99B | $11.86B | $10.54B | $9.33B | $12.11B | $7.33B | $7.21B | $9.23B | $5.63B | $7.82B | $6.38B | $7.69B | $48.67B | $10.98B | -$5.27B | -$14.03B | -$21.55B | -$50.12B | -$3.09B | $2.21B | $2.13B | $2.94B | $4.82B | $10.09B | $3.16B | $3.67B | $2.22B | $1.7B | $1.4B | $1.26B | $1.09B | $1.03B | $786M | $622M | $555M | $414M |
| Depreciation & Amortization | $1.14B | $0 | $0 | -$1.26B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.27B | $10.8B | $11.2B | $9.92B | $4.65B | $3.45B | $868M | -$98M | -$1.81B | $9.31B | $7.1B | $4.15B | $153M | $166M | $266M | $359M | $277M | $292M | $240M |
| Deferred Income Tax | $0 | $0 | $1.76B | $528M | -$113M | -$590M | $817M | $1.39B | $7.77B | $2.79B | $1.66B | $2.28B | -$23.42B | $3M | -$117M | -$670M | -$670M | $5.51B | -$3.94B | -$1.07B | -$1.45B | -$346M | $737M | $2.69B | -$245M | $620M | $0 | $0 | $0 | $0 | $108M | $32M | -$167M | -$219M | -$205M | -$193M |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||||||
| Accounts Receivable | -$1.23B | -$1.1B | $0 | -$1.04B | $396M | -$201M | $592M | -$1.64B | $1.69B | -$1.29B | $982M | $384M | $842M | -$336M | $651M | $832M | -$1.19B | -$1.67B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $1.04B | $57M | -$238M | $177M | $440M | $273M | -$52M | -$43M | -$440M | -$849M | -$1.09B | -$1.08B | -$1.7B | -$1.32B | -$786M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$1.17B | $683M | $118M | -$751M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$281M | $662M | $312M | $1.47B | -$10.85B | $405M | -$569M | $40.23B | -$9.62B | $17.4B | $26.59B | -$1.15B | $18.35B | -$108.74B | -$5.02B | -$1.03B | $3.57B | -$32.68B | -$2.03B | $4.38B | $8.21B | -$57M |
| Total Working Capital Change | -$2.39B | -$420M | $118M | -$748M | $453M | -$439M | $769M | -$1.2B | $1.97B | -$1.34B | $939M | -$56M | -$7M | -$1.43B | -$710M | -$206M | -$2.21B | -$988M | -$10.85B | $405M | -$569M | $40.23B | -$9.62B | $17.4B | $26.59B | -$1.15B | $18.35B | -$108.74B | -$5.02B | -$1.03B | $3.57B | -$32.68B | -$2.03B | $4.38B | $8.21B | -$57M |
| Other Non-Cash Items | $4.64B | -$4.81B | -$4.8B | $4.08B | $3.9B | -$5.39B | $3.4B | -$8.75B | -$11.14B | -$4.86B | -$9.9B | -$1.03B | -$8.69B | -$4.31B | $16.41B | $25.72B | $25.72B | $27.17B | -$264M | -$3.52B | -$3.78B | $4.38B | $5.1B | -$9.28B | -$4.62B | -$2.25B | -$42.28B | $92.46B | $4.92B | -$2.17B | -$27.36B | -$24.31B | -$65.84B | -$89.68B | -$42.59B | $1.7B |
| Net Cash from Operating | $19.37B | $6.63B | $7.62B | $11.93B | $16.35B | $907M | $12.2B | $674M | $4.22B | $4.39B | -$934M | $8.88B | $16.55B | $5.24B | $10.32B | $10.82B | $1.29B | -$10.16B | -$7.35B | $9.22B | $6.25B | $51.85B | $4.48B | $21.76B | $24.79B | -$918M | -$12.4B | -$7.48B | $5.44B | -$1.79B | $1.75B | -$14.59B | $10.61B | $1.59B | $5.88B | $2.1B |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$98.03B | -$94.39B | -$101.24B | -$132.91B | -$124.71B | -$159.2B | -$111.14B | -$151.68B | -$170.88B | -$132.35B | -$47.43B | -$67.77B | -$63.43B | -$37.13B | -$60.15B | -$62.05B | -$265.76B | -$390.98B | -$319.21B | -$409.67B | -$426.89B | -$288.19B | -$464.64B | -$465.17B | -$425.38B | -$191.8B | -$3.21B | -$31.33B | -$542M | -$5.18B | -$3.3B | -$1.72B | -$6.14B | -$2.96B | -$2.46B | -$3.49B |
| Sales of Investments | $96.7B | $85.11B | $97.37B | $136.26B | $163.12B | $206.93B | $116.06B | $165.34B | $193.81B | $137.91B | $70.93B | $88.43B | $128.23B | $88.99B | $85.24B | $105.2B | $331.18B | $342.59B | $345.49B | $402.53B | $373.75B | $263.73B | $403.86B | $379.75B | $257.67B | $132.45B | $12.77B | $5.23B | $5.35B | $2.78B | $7.19B | $2.14B | $0 | $378M | $4.63B | $0 |
| Other Investing Activities | $6.08B | $18.91B | $48.12B | $8.05B | -$14.16B | -$131.08B | $43.23B | $105.98B | $121.63B | $158.99B | $155.45B | $184.61B | $326.47B | $442.54B | $348.6B | $342.51B | -$17.86B | -$23.03B | -$16.73B | $954M | $2.19B | -$1.44B | $4.67B | -$3.15B | -$1.51B | -$2.79B | -$58.47B | -$73.69B | -$21.09B | -$30.74B | -$35.78B | -$19.74B | -$27.57B | -$1.04B | -$2.76B | -$1.84B |
| Net Cash from Investing | $4.74B | $9.62B | $44.25B | $11.4B | $24.25B | -$83.36B | $48.15B | $119.65B | $144.56B | $164.55B | $178.95B | $205.27B | $391.26B | $494.4B | $373.69B | $385.64B | $47.56B | -$71.42B | $9.55B | -$6.19B | -$50.95B | -$25.9B | -$56.11B | -$88.56B | -$169.22B | -$62.14B | -$48.9B | -$99.8B | -$16.29B | -$33.14B | -$31.89B | -$19.32B | -$33.72B | -$3.62B | -$595M | -$5.33B |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Debt Repaid | $36.65B | $14.7B | $50.32B | $31.86B | $61.67B | -$111.04B | $63.02B | $115.36B | $150.24B | $161.86B | $177.83B | $194.89B | $357.44B | $512.5B | $394.06B | $430.78B | $62.29B | $27.25B | $39.38B | -$18.16B | -$27.55B | -$3.17B | -$47.53B | -$128.13B | -$54.9B | -$80.31B | -$90.03B | -$9.08B | -$9.25B | -$13.03B | -$18.56B | -$16.28B | -$14.86B | -$4.5B | -$1.69B | -$1.24B |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$998M | -$1.55B | -$1.58B | -$1.3B | -$1.05B | -$934M | -$845M | -$774M | -$652M | -$570M | -$447M | -$581M | -$323M | -$281M | -$253M | -$211M | -$167M | -$121M | -$97M |
| Other Financing Activities | -$5M | -$2.03B | -$1.89B | $4.75B | $7.33B | -$9.89B | $3.73B | -$3.66B | -$3M | -$6M | -$5M | -$7M | -$7M | -$12M | $1M | $1M | $1M | $13.72B | -$1.07B | -$1.87B | -$1.52B | -$405M | -$725M | -$666M | -$511M | -$302M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$24.32B | -$16.74B | -$52.21B | -$27.11B | -$54.34B | $101.15B | -$62.43B | -$122.86B | -$161.19B | -$166.85B | -$183.34B | -$214.51B | -$405.04B | -$519.58B | -$392.58B | -$424.13B | -$29.49B | $118.33B | -$4.98B | -$2.14B | $19.92B | -$13.84B | $63.98B | $74.13B | $147.5B | $62.8B | $63.88B | $109.41B | $11B | $36.59B | $26.18B | $42.13B | $19.88B | $503M | -$1.04B | $4.45B |
| 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 | -$207M | -$485M | -$341M | -$3.79B | -$13.74B | $18.7B | -$2.08B | -$2.54B | -$12.41B | $2.09B | -$5.33B | -$353M | $2.77B | -$19.93B | -$8.57B | -$27.67B | $19.36B | $36.75B | -$2.79B | $891M | -$24.79B | $12.11B | $12.35B | $7.33B | $3.06B | -$256M | $2.58B | $2.13B | $162M | $1.66B | -$3.96B | $8.23B | -$3.24B | -$1.53B | $4.24B | $1.22B |
| Supplementary Data | ||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | $19.37B | $6.63B | $7.62B | $11.93B | $16.35B | $907M | $12.2B | $674M | $4.22B | $4.39B | -$934M | $8.88B | $16.55B | $5.24B | $10.32B | $10.82B | $1.29B | -$10.16B | -$7.35B | $9.22B | $6.25B | $51.85B | $4.48B | $21.76B | $24.79B | -$918M | -$12.4B | -$7.48B | $5.44B | -$1.79B | $1.75B | -$14.59B | $10.61B | $1.59B | $5.88B | $2.1B |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $19.37B | $6.63B | $7.62B | $11.93B | $16.35B | $907M | $12.2B | $674M | $4.22B | $4.39B | -$934M | $8.88B | $16.55B | $5.24B | $10.32B | $10.82B | $1.29B | -$10.16B | -$7.35B | $9.22B | $6.25B | $51.85B | $4.48B | $21.76B | $24.79B | -$918M | -$12.4B | -$7.48B | $5.44B | -$1.79B | $1.75B | -$14.59B | $10.61B | $1.59B | $5.88B | $2.1B |
| Cash at Beginning | $5.53B | $6.02B | $6.36B | $10.15B | $23.89B | $5.19B | $7.27B | $9.81B | $22.22B | $20.13B | $10.93B | $11.28B | $8.51B | $28.44B | $37.01B | $64.68B | $45.33B | $8.57B | $11.36B | $10.47B | $35.25B | $23.14B | $10.79B | $3.46B | $400M | $656M | $2.56B | $438M | $276M | $7.48B | $11.44B | $3.22B | $6.45B | $7.99B | $3.75B | $3.64B |
| Cash at End | $5.33B | $5.53B | $6.02B | $6.36B | $10.15B | $23.89B | $5.19B | $7.27B | $9.81B | $22.22B | $5.59B | $10.93B | $11.28B | $8.51B | $28.44B | $37.01B | $64.68B | $45.33B | $8.57B | $11.36B | $10.47B | $35.25B | $23.14B | $10.79B | $3.46B | $400M | $5.14B | $2.56B | $438M | $9.14B | $7.48B | $11.44B | $3.22B | $6.45B | $7.99B | $4.86B |