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Page: Company Financials

DTE Energy Company JR SUB DB 2017 E

Ticker: DTW | Industry: Regulated Electric | Sector: Utilities
$21.89 +0.03 (0.14%)
As of: 2026-01-15

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Stock Price 141.43 132.46 137.39 117.25 107.28 122.89 113.70 93.37 109.53 90.91 90.34 81.25 67.19 66.92 56.71 49.76 43.07 38.60 29.45 33.42 40.24 36.32 38.57 35.53 32.67 37.54 36.45 29.13 31.31 35.72 25.45 26.62
Market Capitalization 29,276.01M 27,419.22M 28,439.04M 24,248.76M 22,108.49M 23,977.22M 22,104.49M 19,567.96M 20,072.45M 16,454.79M 16,171.31M 14,543.75M 12,027.35M 11,845.28M 9,975.81M 8,496.44M 7,277.98M 6,485.30M 4,830.97M 5,432.01M 6,881.00M 6,428.64M 6,739.01M 6,119.57M 5,480.34M 6,115.22M 5,575.64M 4,154.86M 4,536.32M 5,187.99M 3,678.01M 3,854.14M
(-) Cash & Equivalents 79.00M 84.00M 65.33M 326.25M 51.75M 69.00M 1,274.50M 637.00M 71.75M 95.50M 68.25M 56.25M 108.25M 70.25M 96.75M 91.50M 93.00M 116.50M 66.25M 207.75M 413.00M 127.25M 81.25M 67.25M 95.75M 100.00M 425.50M 43.75M 40.75M 132.00M 85.00M 60.05M
(+) Total Debt 25,296.00M 23,992.00M 24,241.67M 23,337.00M 20,228.50M 19,240.75M 19,935.00M 19,301.75M 15,826.25M 13,512.50M 12,374.50M 10,238.25M 9,386.75M 8,692.75M 8,053.75M 7,989.25M 8,012.25M 7,799.50M 8,317.75M 8,287.50M 8,552.25M 8,497.75M 8,203.25M 8,248.50M 8,486.00M 8,872.25M 7,964.25M 4,926.50M 4,944.75M 4,704.50M 4,314.18M 4,286.55M
Enterprise Value 54,493.01M 51,327.22M 52,615.37M 47,259.51M 42,285.24M 43,148.97M 40,764.99M 38,232.71M 35,826.95M 29,871.79M 28,477.56M 24,725.75M 21,305.85M 20,467.78M 17,932.81M 16,394.19M 15,197.23M 14,168.30M 13,082.47M 13,511.76M 15,020.25M 14,799.14M 14,861.01M 14,300.82M 13,870.59M 14,887.47M 13,114.39M 9,037.61M 9,440.32M 9,760.49M 7,907.19M 8,080.64M

Income Statement

Metric TTM TTM-1 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
Revenue 14,822M 12,415M 12,457M 12,745M 19,228M 14,964M 11,423M 12,168M 14,212M 12,607M 10,630M 10,337M 12,301M 9,661M 8,791M 8,897M 8,557M 8,014M 9,329M 8,506M 9,022M 9,022M 7,069M 7,041M 6,749M 7,849M 5,597M 4,728M 4,221M 3,764M 3,645M 3,636M
Cost of Revenue 8,510M 8,012M 8,119M 8,418M 15,560M 11,628M 8,144M 9,149M 11,062M 9,434M 7,791M 7,776M 9,226M 7,033M 6,188M 6,149M 5,757M 3,118M 4,306M 3,552M 3,047M 3,530M 2,007M 2,241M 2,099M 1,919M 1,305M 1,335M 1,063M 837M 846M 850M
Gross Profit 6,312M 4,403M 4,338M 4,327M 3,668M 3,336M 3,279M 3,019M 3,150M 3,173M 2,839M 2,561M 3,075M 2,628M 2,603M 2,748M 2,800M 4,896M 5,023M 4,954M 5,975M 5,492M 5,062M 4,800M 4,650M 5,930M 4,292M 3,393M 3,158M 2,927M 2,800M 2,786M
Gross Profit Margin 42.6% 35.5% 34.8% 34.0% 19.1% 22.3% 28.7% 24.8% 22.2% 25.2% 26.7% 24.8% 25.0% 27.2% 29.6% 30.9% 32.7% 61.1% 53.8% 58.2% 66.2% 60.9% 71.6% 68.2% 68.9% 75.6% 76.7% 71.8% 74.8% 77.8% 76.8% 76.6%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 0M 0M 0M 9M -1M 17M 50M 39M 37M 65M 41M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Operating Expenses 4,087M 2,211M 2,247M 2,084M 1,920M 1,841M 1,724M 1,589M 1,556M 1,462M 1,353M 1,322M 1,485M 1,425M 1,324M 1,288M 1,298M 3,647M 3,760M 3,318M 4,043M 3,666M 4,406M 4,053M 3,636M 3,203M 2,503M 2,492M 2,221M 1,926M 1,963M 1,757M
Operating Income (EBIT) 2,225M 2,192M 2,091M 2,243M 1,748M 1,495M 1,555M 1,430M 1,594M 1,711M 1,486M 1,239M 1,590M 1,203M 1,279M 1,460M 1,502M 1,249M 1,263M 1,636M 1,932M 1,826M 656M 747M 1,014M 2,727M 1,789M 901M 937M 1,001M 837M 1,029M
Operating Income Margin 15.0% 17.7% 16.8% 17.6% 9.1% 10.0% 13.6% 11.8% 11.2% 13.6% 14.0% 12.0% 12.9% 12.5% 14.5% 16.4% 17.6% 15.6% 13.5% 19.2% 21.4% 20.2% 9.3% 10.6% 15.0% 34.7% 32.0% 19.1% 22.2% 26.6% 22.9% 28.3%
Interest Income 108M 114M 136M 57M 46M 22M 29M 9M 12M 12M 20M 13M 10M 9M 10M 10M 12M 19M 19M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Interest Expense 1,025M 911M 951M 791M 675M 630M 601M 568M 559M 536M 472M 450M 429M 436M 440M 488M 543M 545M 503M 0M 0M 0M 0M 0M 0M 335M 0M 0M 0M 0M 0M 0M
Net Interest Income -917M -797M -815M -734M -629M -608M -572M -559M -547M -524M -452M -437M -419M -427M -430M -478M -531M -526M -484M 0M 0M 0M 0M 0M 0M -335M 0M 0M 0M 0M 0M 0M
Unusual Items 84M 135M 94M 57M -7M -231M 99M 142M 169M 100M 71M 148M 104M 146M 111M 9M -9M 59M 40M -485M -1,397M -1,448M -18M -390M -512M -2,202M -1,312M -358M -340M -327M -305M -334M
EBT Excluding Unusual Items 1,308M 1,395M 1,276M 1,509M 1,119M 887M 983M 871M 1,047M 1,187M 1,034M 802M 1,171M 776M 849M 982M 971M 723M 779M 1,636M 1,932M 1,826M 656M 747M 1,014M 2,392M 1,789M 901M 937M 1,001M 837M 1,029M
Pre-Tax Income 1,392M 1,530M 1,370M 1,566M 1,112M 656M 1,082M 1,013M 1,216M 1,287M 1,105M 950M 1,275M 922M 960M 991M 962M 782M 819M 1,151M 535M 378M 638M 357M 502M 190M 477M 543M 597M 674M 532M 696M
Pre-Tax Margin 9.4% 12.3% 11.0% 12.3% 5.8% 4.4% 9.5% 8.3% 8.6% 10.2% 10.4% 9.2% 10.4% 9.5% 10.9% 11.1% 11.2% 9.8% 8.8% 13.5% 5.9% 4.2% 9.0% 5.1% 7.4% 2.4% 8.5% 11.5% 14.1% 17.9% 14.6% 19.1%
Income Tax Expense 424M -1M -34M 169M 29M -130M 37M 71M 98M 175M 271M 230M 364M 254M 286M 268M 315M 247M 288M 364M 146M 106M 174M -123M -84M -119M 9M 60M 154M 257M 223M 290M
Net Income 968M 1,531M 1,404M 1,397M 1,083M 907M 1,368M 1,169M 1,120M 1,134M 868M 727M 905M 661M 610M 711M 630M 532M 546M 971M 433M 537M 434M 521M 632M 332M 468M 483M 443M 417M 309M 406M
Net Income Margin 6.5% 12.3% 11.3% 11.0% 5.6% 6.1% 12.0% 9.6% 7.9% 9.0% 8.2% 7.0% 7.4% 6.8% 6.9% 8.0% 7.4% 6.6% 5.9% 11.4% 4.8% 6.0% 6.1% 7.4% 9.4% 4.2% 8.4% 10.2% 10.5% 11.1% 8.5% 11.2%
Depreciation & Amortization 1,844M 1,730M 1,732M 1,606M 1,468M 1,459M 1,443M 1,263M 1,124M 1,030M 976M 852M 1,145M 1,094M 1,018M 995M 1,027M 1,020M 899M 926M 1,014M 872M 744M 691M 759M 795M 719M 735M 0M 0M 0M 0M
EBITDA 4,069M 3,922M 3,823M 3,849M 3,216M 2,954M 2,998M 2,693M 2,718M 2,741M 2,462M 2,091M 2,735M 2,297M 2,297M 2,455M 2,529M 2,269M 2,162M 2,562M 2,946M 2,698M 1,400M 1,438M 1,773M 3,522M 2,508M 1,636M 937M 1,001M 837M 1,029M
EBITDA Margin 27.5% 31.6% 30.7% 30.2% 16.7% 19.7% 26.2% 22.1% 19.1% 21.7% 23.2% 20.2% 22.2% 23.8% 26.1% 27.6% 29.6% 28.3% 23.2% 30.1% 32.7% 29.9% 19.8% 20.4% 26.3% 44.9% 44.8% 34.6% 22.2% 26.6% 22.9% 28.3%
NOPAT 1,547M 2,193M 2,143M 2,001M 1,702M 1,791M 1,502M 1,330M 1,466M 1,478M 1,122M 939M 1,136M 872M 898M 1,065M 1,010M 854M 819M 1,119M 1,405M 1,314M 477M 1,004M 1,184M 4,435M 1,755M 801M 695M 619M 486M 601M
NOPAT Margin 10.4% 17.7% 17.2% 15.7% 8.9% 12.0% 13.1% 10.9% 10.3% 11.7% 10.6% 9.1% 9.2% 9.0% 10.2% 12.0% 11.8% 10.7% 8.8% 13.2% 15.6% 14.6% 6.7% 14.3% 17.5% 56.5% 31.4% 17.0% 16.5% 16.5% 13.3% 16.5%
Owner's Earnings -1,501M -1,080M -1,331M -931M -827M -1,406M -1,046M -565M -469M -86M -201M -441M 1M -121M -192M 222M 558M 517M 72M 598M 44M 344M 274M 461M 407M 31M 600M 479M -112M -250M -221M -48M
Owner's Earnings Margin -10.1% -8.7% -10.7% -7.3% -4.3% -9.4% -9.2% -4.6% -3.3% -0.7% -1.9% -4.3% 0.0% -1.3% -2.2% 2.5% 6.5% 6.5% 0.8% 7.0% 0.5% 3.8% 3.9% 6.5% 6.0% 0.4% 10.7% 10.1% -2.7% -6.6% -6.1% -1.3%
EPS (Basic) 4.66 7.39 6.78 6.77 5.53 4.68 7.09 6.32 6.18 6.32 4.84 4.05 5.11 3.76 3.56 4.19 3.75 3.24 3.34 5.73 2.44 3.07 2.49 2.50 3.18 1.44 3.28 3.33 3.05 2.88 2.13 2.80
EPS (Diluted) 4.68 7.40 6.78 6.78 5.53 4.68 7.09 6.32 6.19 6.34 4.85 4.06 5.11 3.78 3.55 4.18 3.73 3.24 3.35 5.71 2.43 3.05 2.49 3.10 3.83 2.20 3.27 3.33 3.05 2.88 2.13 2.96
Shares (Basic) 207M 207M 207M 206M 195M 193M 193M 185M 181M 179M 179M 179M 177M 175M 171M 169M 168M 164M 163M 169M 177M 175M 173M 168M 164M 150M 143M 145M 145M 145M 145M 137M
Shares (Diluted) 207M 207M 207M 206M 196M 194M 193M 185M 181M 179M 179M 179M 177M 175M 172M 170M 169M 164M 163M 170M 178M 176M 174M 168M 165M 151M 143M 145M 145M 145M 145M 137M

Product Segments

Metric TTM TTM-1 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
Corporate and Other 0.0% 0.00M 0.0% 0.00M 0.0% 0.0% 2.00M 0.0% 2.00M 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
DTE Vantage 548.00M 1,008.00M 809.00M 0.00M 1,482.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Electric 4,755.00M 7,444.00M 5,818.00M 0.00M 5,821.00M 5,520.00M 0.00M 5,298.00M 5,102.00M 5,225.00M 4,901.00M 5,283.00M 5,199.00M 5,293.00M 0.00M 0.00M
Energy Trading 3,659.00M 5,505.00M 4,612.00M 0.00M 6,831.00M 3,863.00M 0.00M 5,557.00M 4,277.00M 2,575.00M 2,459.00M 3,762.00M 1,771.00M 1,109.00M 1,276.00M 875.00M
Gas 1,207.00M 1,975.00M 1,748.00M 0.00M 1,553.00M 1,414.00M 0.00M 1,436.00M 1,388.00M 1,324.00M 1,376.00M 1,636.00M 1,474.00M 1,315.00M 0.00M 0.00M
Gas Storage and Pipelines 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 453.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Power and Industrial Projects 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2,089.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M

Balance Sheet

Metric MRQ MRQ-1 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
Cash & Cash Equivalents 79.00M 84.00M 24.00M 26.00M 33.00M 28.00M 472.00M 93.00M 71.00M 66.00M 92.00M 37.00M 48.00M 52.00M 65.00M 68.00M 65.00M 52.00M 86.00M 123.00M 293.00M 88.00M 56.00M 54.00M 133.00M 268.00M 64.00M 33.00M 130.00M 99.00M 53.00M 64.90M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 209.00M 316.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 79.00M 84.00M 24.00M 26.00M 33.00M 28.00M 472.00M 93.00M 71.00M 66.00M 92.00M 37.00M 48.00M 52.00M 65.00M 68.00M 65.00M 261.00M 402.00M 123.00M 293.00M 88.00M 56.00M 54.00M 133.00M 268.00M 64.00M 33.00M 130.00M 99.00M 53.00M 64.90M
Net Receivables 1,582.00M 1,759.00M 1,827.00M 1,787.00M 2,182.00M 1,830.00M 1,669.00M 1,887.00M 1,897.00M 1,856.00M 1,593.00M 1,348.00M 1,598.00M 1,669.00M 1,462.00M 1,407.00M 1,795.00M 1,655.00M 1,854.00M 2,238.00M 2,054.00M 2,581.00M 1,641.00M 1,531.00M 1,435.00M 1,248.00M 838.00M 554.00M 604.00M 520.00M 484.50M 452.10M
Inventory 1,553.00M 49.00M 1,245.00M 1,054.00M 942.00M 858.00M 708.00M 759.00M 811.00M 779.00M 772.00M 803.00M 804.00M 628.00M 761.00M 791.00M 662.00M 509.00M 539.00M 633.00M 715.00M 668.00M 668.00M 629.00M 576.00M 505.00M 335.00M 343.00M 338.00M 303.00M 263.90M 305.60M
Other Current Assets 548.00M 1,647.00M 447.00M 672.00M 1,023.00M 601.00M 776.00M 347.00M 481.00M 380.00M 305.00M 387.00M 562.00M 457.00M 627.00M 930.00M 687.00M 452.00M 555.00M 1,063.00M 1,458.00M 1,345.00M 631.00M 498.00M 620.00M 701.00M 415.00M 236.00M 160.00M 13.00M 9.00M 12.90M
Total Current Assets 3,762.00M 3,539.00M 3,543.00M 3,539.00M 4,180.00M 3,317.00M 3,625.00M 3,086.00M 3,260.00M 3,081.00M 2,762.00M 2,575.00M 3,012.00M 2,806.00M 2,915.00M 3,196.00M 3,209.00M 2,877.00M 3,350.00M 4,057.00M 4,520.00M 4,682.00M 2,996.00M 2,712.00M 2,764.00M 2,722.00M 1,652.00M 1,166.00M 1,232.00M 935.00M 810.40M 835.50M
Property, Plant & Equipment 185.00M 31,617.00M 31,081.00M 28,301.00M 28,856.00M 27,041.00M 24,606.00M 25,486.00M 21,650.00M 20,721.00M 19,730.00M 18,034.00M 16,820.00M 15,800.00M 14,684.00M 13,746.00M 12,992.00M 12,431.00M 12,231.00M 11,408.00M 11,451.00M 10,830.00M 10,491.00M 10,324.00M 9,813.00M 9,543.00M 7,387.00M 7,148.00M 6,943.00M 8,934.00M 8,833.10M 8,822.70M
Goodwill 1,993.00M 1,993.00M 1,993.00M 1,993.00M 1,993.00M 1,993.00M 1,993.00M 2,464.00M 2,293.00M 2,293.00M 2,286.00M 2,018.00M 2,018.00M 2,018.00M 2,018.00M 2,020.00M 2,020.00M 2,024.00M 2,037.00M 0.00M 2,054.00M 2,581.00M 1,641.00M 1,531.00M 2,119.00M 1,248.00M 838.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 190.00M 137.00M 144.00M 156.00M 166.00M 177.00M 199.00M 2,393.00M 849.00M 867.00M 842.00M 89.00M 102.00M 122.00M 135.00M 174.00M 67.00M 54.00M 70.00M 2,238.00M 0.00M 0.00M 0.00M 0.00M 904.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 4,143.00M 237.00M 304.00M 334.00M 330.00M 381.00M 2,228.00M 3,788.00M 3,368.00M 2,797.00M 2,273.00M 1,936.00M 1,869.00M 1,794.00M 1,591.00M 1,462.00M 1,457.00M 1,415.00M 1,280.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 0.00M 2,649.00M 2,394.00M 0.00M 0.00M 0.00M 1,975.00M 1,888.00M 0.00M 0.00M 0.00M 3,321.00M 3,191.00M 3,116.00M 2,632.00M 2,096.00M 255.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 41,940.00M 12,725.00M 11,717.00M 7,783.00M 4,764.00M 6,810.00M 12,972.00M 5,051.00M 2,893.00M 2,120.00M 4,148.00M 4,010.00M 4,078.00M 74.00M 1,805.00M 2,396.00M 2,561.00M 3,298.00M 5,644.00M 6,289.00M 6,244.00M 5,766.00M 5,743.00M 5,650.00M 5,296.00M 4,856.00M 3,599.00M 3,858.00M 3,913.00M 1,354.00M 1,371.40M 1,472.40M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 75.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 48,451.00M 46,709.00M 45,239.00M 41,216.00M 38,503.00M 36,402.00M 41,998.00M 39,182.00M 33,028.00M 30,686.00M 29,279.00M 26,087.00M 24,962.00M 23,129.00M 23,424.00M 22,914.00M 21,729.00M 21,318.00M 21,517.00M 19,935.00M 19,749.00M 19,177.00M 17,875.00M 17,505.00M 18,132.00M 15,647.00M 11,824.00M 11,006.00M 10,856.00M 10,288.00M 10,204.50M 10,295.10M
Total Assets 52,213.00M 50,248.00M 48,782.00M 44,755.00M 42,683.00M 39,719.00M 45,623.00M 42,268.00M 36,288.00M 33,767.00M 32,041.00M 28,662.00M 27,974.00M 25,935.00M 26,339.00M 26,110.00M 24,938.00M 24,195.00M 24,867.00M 23,992.00M 24,269.00M 23,859.00M 20,871.00M 20,217.00M 20,896.00M 18,369.00M 13,476.00M 12,172.00M 12,088.00M 11,223.00M 11,014.90M 11,130.60M
Accounts Payable 1,312.00M 1,380.00M 1,387.00M 1,361.00M 1,604.00M 1,414.00M 1,000.00M 1,076.00M 1,329.00M 1,171.00M 1,079.00M 809.00M 973.00M 962.00M 848.00M 782.00M 729.00M 723.00M 899.00M 1,198.00M 1,145.00M 1,187.00M 892.00M 625.00M 647.00M 581.00M 404.00M 273.00M 239.00M 161.00M 160.80M 165.10M
Short-Term Debt 568.00M 619.00M 2,363.00M 3,425.00M 2,286.00M 3,632.00M 507.00M 1,515.00M 2,108.00M 730.00M 513.00M 972.00M 672.00M 1,029.00M 1,057.00M 945.00M 1,075.00M 998.00M 1,106.00M 1,538.00M 1,485.00M 1,634.00M 917.00M 847.00M 1,432.00M 1,198.00M 800.00M 732.00M 643.00M 315.00M 298.70M 310.50M
Tax Payables 0.00M 0.00M 0.00M 0.00M -33.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 16.00M 185.00M 0.00M 54.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 260.00M 199.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 1,126.00M 1,080.00M 885.00M 910.00M 1,116.00M 1,146.00M 1,010.00M 1,226.00M 874.00M 800.00M 749.00M 658.00M 846.00M 1,108.00M 663.00M 707.00M 739.00M 722.00M 803.00M 0.00M 0.00M 1,973.00M 1,077.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Current Liabilities 3,266.00M 3,278.00M 4,635.00M 5,696.00M 4,973.00M 6,192.00M 2,517.00M 3,817.00M 4,311.00M 2,701.00M 2,341.00M 2,439.00M 2,491.00M 3,099.00M 2,568.00M 2,434.00M 2,543.00M 2,443.00M 2,808.00M 2,736.00M 2,630.00M 4,794.00M 2,902.00M 1,657.00M 2,079.00M 1,833.00M 1,204.00M 1,005.00M 882.00M 476.00M 459.50M 475.60M
Long-Term Debt 24,481.00M 22,921.00M 20,672.00M 17,407.00M 16,862.00M 14,512.00M 18,977.00M 15,924.00M 12,127.00M 12,184.00M 11,262.00M 8,745.00M 8,340.00M 7,203.00M 7,002.00M 7,164.00M 7,046.00M 7,319.00M 7,679.00M 6,930.00M 7,392.00M 6,704.00M 7,251.00M 7,305.00M 7,432.00M 7,565.00M 3,894.00M 3,938.00M 4,197.00M 3,777.00M 3,779.30M 3,756.10M
Capital Lease Obligations 273.00M 226.00M 206.00M 138.00M 92.00M 107.00M 123.00M 171.00M 7.00M 1.00M 7.00M 15.00M 3.00M 11.00M 12.00M 23.00M 43.00M 51.00M 62.00M 41.00M 82.00M 87.00M 66.00M 75.00M 82.00M 89.00M 145.00M 114.00M 126.00M 137.00M 115.70M 128.40M
Deferred Tax Liabilities 3,087.00M 2,968.00M 2,958.00M 2,649.00M 2,394.00M 2,163.00M 0.00M 0.00M 1,975.00M 1,888.00M 4,162.00M 3,923.00M 3,701.00M 0.00M 3,191.00M 3,116.00M 2,707.00M 2,181.00M 2,054.00M 1,932.00M 1,585.00M 1,527.00M 1,267.00M 1,144.00M 1,084.00M 0.00M 1,801.00M 1,925.00M 1,888.00M 2,284.00M 2,338.70M 2,383.00M
Other Non-Current Liabilities 8,784.00M 8,649.00M 8,221.00M 7,640.00M 7,774.00M 7,892.00M 11,132.00M 10,373.00M 7,024.00M 6,892.00M 4,674.00M 4,656.00M 5,011.00M 7,578.00M 5,955.00M 6,025.00M 5,584.00M 5,683.00M 5,744.00M 4,719.00M 0.00M 0.00M 0.00M 0.00M 0.00M 3,807.00M 796.00M 940.00M 913.00M 439.00M -6,118.00M -128.40M
Total Non-Current Liabilities 36,625.00M 34,764.00M 32,057.00M 27,834.00M 27,122.00M 24,674.00M 30,232.00M 26,468.00M 21,133.00M 20,965.00M 20,105.00M 17,339.00M 17,055.00M 14,792.00M 16,160.00M 16,328.00M 15,380.00M 15,234.00M 15,539.00M 13,622.00M 9,059.00M 8,318.00M 8,584.00M 8,524.00M 8,598.00M 11,461.00M 6,636.00M 6,917.00M 7,124.00M 6,637.00M 115.70M 6,139.10M
Total Liabilities 39,891.00M 38,042.00M 36,692.00M 33,530.00M 32,095.00M 30,866.00M 32,749.00M 30,285.00M 25,444.00M 23,666.00M 22,446.00M 19,778.00M 19,546.00M 17,891.00M 18,728.00M 18,762.00M 17,923.00M 17,677.00M 18,347.00M 16,358.00M 11,689.00M 13,112.00M 11,486.00M 10,181.00M 10,677.00M 13,294.00M 7,840.00M 7,922.00M 8,006.00M 7,113.00M 575.20M 6,614.70M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 144.00M 144.40M 326.60M
Common Stock 6,835.00M 6,809.00M 6,779.00M 6,713.00M 6,651.00M 5,379.00M 5,406.00M 5,233.00M 4,245.00M 3,989.00M 4,030.00M 4,123.00M 3,904.00M 3,907.00M 3,587.00M 3,417.00M 3,440.00M 3,257.00M 3,175.00M 3,176.00M 3,467.00M 3,483.00M 3,323.00M 3,109.00M 3,052.00M 2,811.00M 1,918.00M 1,950.00M 1,951.00M 1,951.00M 1,951.40M 1,951.40M
Retained Earnings 5,357.00M 4,940.00M 4,946.00M 4,404.00M 3,808.00M 3,438.00M 7,156.00M 6,587.00M 6,112.00M 5,643.00M 5,114.00M 4,794.00M 4,578.00M 4,150.00M 3,944.00M 3,750.00M 3,431.00M 3,168.00M 2,985.00M 2,790.00M 2,593.00M 2,557.00M 2,383.00M 2,308.00M 2,132.00M 1,846.00M 2,097.00M 1,959.00M 1,747.00M 1,611.00M 1,492.40M 1,484.90M
Accumulated OCI -34.00M -27.00M -26.00M -67.00M -62.00M -112.00M -137.00M -148.00M -120.00M -120.00M -133.00M -145.00M -155.00M -136.00M -158.00M -158.00M -149.00M -147.00M -165.00M -113.00M -211.00M -271.00M -158.00M -130.00M -619.00M -68.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 5.00M 5.00M 5.00M 5.00M 4.00M 8.00M 164.00M 164.00M 480.00M 478.00M 488.00M 23.00M 15.00M 33.00M 38.00M 44.00M 45.00M 38.00M 43.00M 48.00M 42.00M 92.00M 132.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 12,158.00M 11,722.00M 11,699.00M 11,050.00M 10,397.00M 8,705.00M 12,425.00M 11,672.00M 10,237.00M 9,512.00M 9,011.00M 8,772.00M 8,327.00M 7,921.00M 7,373.00M 7,009.00M 6,722.00M 6,278.00M 5,995.00M 5,853.00M 5,849.00M 5,769.00M 5,548.00M 5,287.00M 4,565.00M 4,589.00M 4,015.00M 3,909.00M 3,698.00M 3,706.00M 3,588.20M 3,762.90M
Total Equity 12,163.00M 11,727.00M 11,704.00M 11,055.00M 10,401.00M 8,713.00M 12,589.00M 11,836.00M 10,717.00M 9,990.00M 9,499.00M 8,795.00M 8,342.00M 7,954.00M 7,411.00M 7,053.00M 6,767.00M 6,316.00M 6,038.00M 5,901.00M 5,891.00M 5,861.00M 5,680.00M 5,287.00M 4,565.00M 4,589.00M 4,015.00M 3,909.00M 3,698.00M 3,706.00M 3,588.20M 3,762.90M
Total Liabilities & Equity 52,054.00M 49,769.00M 48,396.00M 44,585.00M 42,496.00M 39,579.00M 45,338.00M 42,121.00M 36,161.00M 33,656.00M 31,945.00M 28,573.00M 27,888.00M 25,845.00M 26,139.00M 25,815.00M 24,690.00M 23,993.00M 24,385.00M 22,259.00M 17,580.00M 18,973.00M 17,166.00M 15,468.00M 15,242.00M 17,883.00M 11,855.00M 11,831.00M 11,704.00M 10,819.00M 4,163.40M 10,377.60M
Tangible Assets 50,030.00M 48,118.00M 46,645.00M 42,606.00M 40,524.00M 37,549.00M 43,431.00M 37,411.00M 33,146.00M 30,607.00M 28,913.00M 26,555.00M 25,854.00M 23,795.00M 24,186.00M 23,916.00M 22,851.00M 22,117.00M 22,760.00M 21,754.00M 22,215.00M 21,278.00M 19,230.00M 18,686.00M 17,873.00M 17,121.00M 12,638.00M 12,172.00M 12,088.00M 11,223.00M 11,014.90M 11,130.60M
Tangible Equity 9,980.00M 9,597.00M 9,567.00M 8,906.00M 8,242.00M 6,543.00M 10,397.00M 6,979.00M 7,575.00M 6,830.00M 6,371.00M 6,688.00M 6,222.00M 5,814.00M 5,258.00M 4,859.00M 4,680.00M 4,238.00M 3,931.00M 3,663.00M 3,837.00M 3,280.00M 4,039.00M 3,756.00M 1,542.00M 3,341.00M 3,177.00M 3,909.00M 3,698.00M 3,706.00M 3,588.20M 3,762.90M
Tangible Book Value 9,980.00M 9,597.00M 9,567.00M 8,906.00M 8,242.00M 6,543.00M 10,397.00M 6,979.00M 7,575.00M 6,830.00M 6,371.00M 6,688.00M 6,222.00M 5,814.00M 5,258.00M 4,859.00M 4,680.00M 4,238.00M 3,931.00M 3,663.00M 3,837.00M 3,280.00M 4,039.00M 3,756.00M 1,542.00M 3,341.00M 3,177.00M 3,909.00M 3,698.00M 3,706.00M 3,588.20M 3,762.90M
Total Investments 4,143.00M 237.00M 304.00M 334.00M 330.00M 381.00M 2,228.00M 3,788.00M 3,368.00M 2,797.00M 2,273.00M 1,936.00M 1,869.00M 1,794.00M 1,591.00M 1,462.00M 1,457.00M 1,624.00M 1,596.00M -1,824.00M -1,465.00M -1,396.00M -1,124.00M -988.00M -916.00M -1,478.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Debt 24,970.00M 23,456.00M 23,011.00M 20,806.00M 19,115.00M 18,116.00M 19,012.00M 17,346.00M 14,164.00M 12,848.00M 11,683.00M 9,680.00M 8,964.00M 8,180.00M 7,994.00M 8,041.00M 8,056.00M 8,265.00M 8,699.00M 8,345.00M 8,584.00M 8,250.00M 8,112.00M 8,098.00M 8,731.00M 8,495.00M 4,630.00M 4,637.00M 4,710.00M 3,993.00M 4,025.00M 4,001.70M

Capital Metrics

Metric MRQ MRQ-1 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
Working Capital 496.0M -240.0M -1,499.0M -2,344.0M -993.0M -3,029.0M 807.0M -911.0M -1,178.0M 269.0M 325.0M 47.0M 435.0M -383.0M 147.0M 568.0M 418.0M 232.0M 315.0M -226.0M -203.0M -238.0M -13.0M -112.0M -427.0M -348.0M -395.0M -294.0M -160.0M -82.0M -91.6M -86.7M
Total Capital 37,454.0M 35,714.0M 34,940.0M 32,020.0M 29,637.0M 26,956.0M 32,032.0M 29,282.0M 24,479.0M 22,427.0M 20,793.0M 18,504.0M 17,342.0M 16,164.0M 15,444.0M 15,141.0M 14,886.0M 14,646.0M 14,842.0M 14,362.0M 14,808.0M 14,194.0M 13,782.0M 13,514.0M 13,511.0M 13,440.0M 8,848.0M 8,693.0M 8,664.0M 7,935.0M 7,782.0M 7,957.9M
Capital Employed 48,762.0M 46,469.0M 43,740.0M 38,872.0M 37,510.0M 33,373.0M 42,805.0M 38,271.0M 31,850.0M 30,955.0M 29,604.0M 26,134.0M 25,397.0M 22,746.0M 23,571.0M 23,381.0M 22,147.0M 21,550.0M 21,577.0M 19,533.0M 19,621.0M 18,415.0M 18,288.0M 17,929.0M 16,794.0M 16,054.0M 10,615.0M 10,712.0M 10,696.0M 10,206.0M 10,112.9M 10,208.4M
Invested Capital 37,375.0M 35,630.0M 34,916.0M 31,994.0M 29,604.0M 26,928.0M 31,560.0M 29,189.0M 24,408.0M 22,361.0M 20,701.0M 18,467.0M 17,294.0M 16,112.0M 15,379.0M 15,073.0M 14,821.0M 14,594.0M 14,756.0M 14,239.0M 14,515.0M 14,106.0M 13,726.0M 13,460.0M 13,378.0M 13,172.0M 8,784.0M 8,660.0M 8,534.0M 7,836.0M 7,729.0M 7,893.0M

Cash Flow Statement

Metric TTM TTM-1 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
Net Income 1,236.00M 1,531.00M 1,404.00M 1,397.00M 1,083.00M 907.00M 1,371.00M 1,172.00M 1,118.00M 1,112.00M 834.00M 720.00M 911.00M 668.00M 618.00M 720.00M 639.00M 535.00M 526.00M 971.00M 433.00M 537.00M 431.00M 521.00M 632.00M 332.00M 468.00M 483.00M 443.00M 417.00M 309.30M 405.90M
Depreciation & Amortization 1,181.00M 1,709.00M 1,332.00M 1,254.00M 1,468.00M 1,459.00M 1,443.00M 1,263.00M 1,124.00M 1,030.00M 976.00M 852.00M 1,145.00M 1,094.00M 1,018.00M 0.00M 1,027.00M 1,020.00M 0.00M 0.00M 1,014.00M 0.00M 744.00M 0.00M 759.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Income Tax 243.00M 78.00M 194.00M 181.00M 44.00M -32.00M 407.00M 329.00M 114.00M 196.00M 265.00M 237.00M 356.00M 164.00M 47.00M 220.00M 457.00M 205.00M 348.00M 144.00M 28.00M 147.00M 129.00M -220.00M -208.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.90M 62.50M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 83.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -55.00M 114.00M 328.00M 65.00M -751.00M 398.00M 508.00M -214.00M 381.00M -261.00M -36.00M -23.00M -597.00M 211.00M 442.00M 94.00M -293.00M 69.00M -87.00M 196.00M 8.00M -111.00M 9.00M 73.00M -196.00M -396.00M 39.00M -31.00M -111.00M -42.00M 25.70M -192.30M
Accounts Receivable 38.00M -42.00M -40.00M 398.00M -352.00M -146.00M 111.00M 49.00M -44.00M -252.00M -226.00M 259.00M 48.00M -154.00M 52.00M 71.00M 79.00M 167.00M 257.00M 0.00M 0.00M 0.00M 11.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory -158.00M -277.00M -191.00M -110.00M -98.00M -153.00M 45.00M 59.00M -32.00M -4.00M 37.00M 1.00M -177.00M 123.00M 35.00M 0.00M 0.00M 28.00M 96.00M 80.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 13.00M -5.00M -40.00M -36.00M 41.80M -18.80M
Accounts Payable 37.00M 43.00M 45.00M -306.00M 109.00M 308.00M 266.00M -288.00M 146.00M 129.00M 145.00M -158.00M 128.00M 14.00M 40.00M -23.00M 12.00M -162.00M -286.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 28.00M 390.00M 514.00M 83.00M -410.00M 389.00M 86.00M -34.00M 311.00M -134.00M 8.00M -125.00M -596.00M 228.00M 315.00M 46.00M -384.00M 36.00M -154.00M 116.00M 8.00M -111.00M -2.00M 73.00M -196.00M -396.00M 26.00M -26.00M -71.00M -6.00M -16.10M -173.50M
Other Non-Cash Items 845.00M -28.00M 385.00M 323.00M 133.00M 335.00M -32.00M 99.00M -57.00M 40.00M 45.00M 130.00M 24.00M 17.00M 0.30M 974.00M -5.00M -10.00M 772.00M -186.00M -27.00M 428.00M -318.00M 576.00M 9.00M 875.00M 511.00M 645.00M 536.00M 631.00M 741.70M 636.80M
Net Cash from Operating Activities 3,450.00M 3,404.00M 3,643.00M 3,220.00M 1,977.00M 3,067.00M 3,697.00M 2,649.00M 2,680.00M 2,117.00M 2,084.00M 1,916.00M 1,839.00M 2,154.00M 2,209.00M 2,008.00M 1,825.00M 1,819.00M 1,559.00M 1,125.00M 1,456.00M 1,001.00M 995.00M 950.00M 996.00M 811.00M 1,018.00M 1,097.00M 868.00M 1,006.00M 1,078.60M 912.90M
Capital Expenditures (PPE) -1,247.00M -4,341.00M -4,467.00M -3,934.00M -3,378.00M -3,772.00M -3,857.00M -2,997.00M -2,713.00M -2,250.00M -2,045.00M -2,020.00M -2,049.00M -1,876.00M -1,820.00M -1,484.00M -1,099.00M -1,035.00M -1,373.00M -1,299.00M -1,403.00M -1,065.00M -904.00M -751.00M -984.00M -1,096.00M -587.00M -739.00M -555.00M -667.00M -530.50M -453.80M
Acquisitions (Net) -23.00M -4.00M -27.00M -27.00M -13.00M -8.00M -163.00M -2,619.00M -637.00M -299.00M -1,386.00M -202.00M 0.00M 0.00M 57.00M 0.00M 19.00M 0.00M -50.00M 1,594.00M -42.00M 10.00M 0.00M 0.00M 0.00M -1,212.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -119.00M -1,644.00M -1,609.00M -678.00M -878.00M -1,054.00M -2,350.00M -794.00M -1,188.00M -1,525.00M -1,463.00M -898.00M -1,156.00M -1,134.00M 0.00M -100.00M -459.00M -330.00M 0.00M 0.00M 0.00M -66.00M 0.00M 0.00M 0.00M 22.00M 0.00M 0.00M 0.00M 0.00M -8.20M 0.00M
Sales / Maturities of Investments 1,167.00M 592.00M 1,605.00M 681.00M 879.00M 1,047.00M 2,350.00M 788.00M 1,203.00M 1,240.00M 1,457.00M 885.00M 1,146.00M 1,118.00M 97.00M 80.00M 377.00M 295.00M 0.00M 0.00M 0.00M 459.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.90M
Other Investing Activities -3,704.00M -470.00M -453.00M -137.00M -41.00M -76.00M -50.00M -110.00M -12.00M 272.00M 49.00M 31.00M -1.00M -14.00M -103.00M -56.00M -64.00M 6.00M -100.00M 35.00M 251.00M -140.00M 223.00M 761.00M -131.00M 0.00M 0.00M -29.00M -482.00M -74.00M -78.10M -70.50M
Net Cash from Investing Activities -3,926.00M -5,867.00M -4,951.00M -4,095.00M -3,431.00M -3,863.00M -4,070.00M -5,732.00M -3,347.00M -2,562.00M -3,388.00M -2,204.00M -2,060.00M -1,906.00M -1,769.00M -1,560.00M -1,226.00M -1,064.00M -1,523.00M 330.00M -1,194.00M -802.00M -681.00M 10.00M -1,115.00M -2,286.00M -587.00M -768.00M -1,037.00M -741.00M -616.80M -522.40M
Net Debt Issuance 396.00M 4,240.00M 2,178.00M 1,672.00M 988.00M 1,655.00M 2,020.00M 1,904.00M 1,315.00M 1,135.00M 1,169.00M 771.00M 766.00M 164.00M -59.00M -7.00M -226.00M -476.00M 286.00M -390.00M 216.00M 40.00M 10.00M -734.00M 66.00M 2,442.00M -92.00M -127.00M 697.00M 86.00M 21.20M -229.10M
Long-Term Debt Issuance 1,146.00M 4,491.00M 2,394.00M 1,551.00M 584.00M 935.00M 2,810.00M 1,685.00M 1,327.00M 1,013.00M 1,169.00M 670.00M 499.00M 273.00M 120.00M -276.00M -49.00M -59.00M 626.00M -343.00M -75.00M -397.00M -23.00M -734.00M 66.00M 2,442.00M -92.00M -127.00M 697.00M 86.00M 21.20M -229.10M
Short-Term Debt Issuance -750.00M -251.00M -216.00M 121.00M 404.00M 720.00M -790.00M 219.00M -12.00M 122.00M 0.00M 101.00M 267.00M -109.00M -179.00M 269.00M -177.00M -417.00M -340.00M -47.00M 291.00M 437.00M 33.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 0.00M 0.00M 0.00M 0.00M -55.00M -66.00M 2.00M 2,288.00M 0.00M -51.00M 621.00M 0.00M -52.00M 39.00M 39.00M -18.00M 36.00M 35.00M -16.00M -708.00M -44.00M 159.00M 41.00M 41.00M 256.00M -438.00M 0.00M 0.00M -150.00M 0.00M -185.00M -1.00M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 1,300.00M 0.00M 2.00M 2,288.00M 0.00M 0.00M 654.00M 9.00M 0.00M 39.00M 39.00M 0.00M 36.00M 35.00M 0.00M 0.00M 17.00M 172.00M 41.00M 44.00M 445.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M -55.00M -66.00M 0.00M 0.00M 0.00M -51.00M -33.00M 1,057.00M -52.00M 0.00M 0.00M -18.00M 0.00M 0.00M -16.00M -708.00M -61.00M -13.00M 0.00M -3.00M -189.00M -438.00M 0.00M 0.00M -150.00M 0.00M -185.00M -1.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M -1,300.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -844.00M -795.00M -810.00M -752.00M -685.00M -791.00M -760.00M -692.00M -620.00M -592.00M -531.00M -501.00M -470.00M -445.00M -407.00M -389.00M -360.00M -348.00M -344.00M -364.00M -365.00M -360.00M -354.00M -346.00M -338.00M -325.00M -319.00M -299.00M -299.00M -299.00M -298.90M -298.50M
Common Dividends Paid -844.00M -795.00M -776.00M -752.00M -685.00M -791.00M -760.00M -692.00M -620.00M -592.00M -531.00M -501.00M -470.00M -445.00M -407.00M -389.00M -360.00M -348.00M -344.00M -364.00M -365.00M -360.00M -354.00M -346.00M -338.00M -325.00M -319.00M -299.00M -299.00M -299.00M -298.90M -298.50M
Preferred Dividends Paid 0.00M 0.00M -34.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -20.00M -25.00M -23.00M -37.00M 1,214.00M -483.00M -466.00M -400.00M -41.00M -71.00M 100.00M 7.00M -27.00M -19.00M -16.00M -31.00M -36.00M 0.00M -10.00M -6.00M -10.00M -6.00M -9.00M 0.00M 22.00M 0.00M 0.00M 0.00M 6.00M -6.00M -11.00M 194.90M
Net Cash from Financing Activities -468.00M 3,420.00M 1,345.00M 883.00M 1,462.00M 315.00M 796.00M 3,100.00M 654.00M 421.00M 1,359.00M 277.00M 217.00M -261.00M -443.00M -445.00M -586.00M -789.00M -84.00M -1,468.00M -203.00M -167.00M -312.00M -1,039.00M 6.00M 1,679.00M -411.00M -426.00M 254.00M -219.00M -473.70M -333.70M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash -944.00M 957.00M 37.00M 8.00M 8.00M -481.00M 423.00M 17.00M -13.00M -24.00M 76.00M -11.00M -4.00M -13.00M -3.00M 3.00M 13.00M -34.00M -48.00M -13.00M 59.00M 32.00M 2.00M -79.00M -135.00M 204.00M 20.00M -97.00M 85.00M 46.00M -11.90M 56.80M
Cash at Beginning of Period 1,285.00M 553.00M 51.00M 43.00M 35.00M 516.00M 93.00M 76.00M 89.00M 113.00M 37.00M 48.00M 52.00M 65.00M 68.00M 65.00M 52.00M 86.00M 123.00M 136.00M 88.00M 56.00M 54.00M 133.00M 268.00M 64.00M 4.00M 130.00M 45.00M 53.00M 64.90M 8.10M
Cash at End of Period 341.00M 1,510.00M 88.00M 51.00M 43.00M 35.00M 516.00M 93.00M 76.00M 89.00M 113.00M 37.00M 48.00M 52.00M 65.00M 68.00M 65.00M 52.00M 86.00M 123.00M 147.00M 88.00M 56.00M 54.00M 133.00M 268.00M 24.00M 33.00M 130.00M 99.00M 53.00M 64.90M
Operating Cash Flow 3,450.00M 3,405.00M 3,643.00M 3,220.00M 1,977.00M 3,067.00M 3,697.00M 2,649.00M 2,680.00M 2,117.00M 2,084.00M 1,911.00M 1,839.00M 2,154.00M 2,209.00M 2,008.00M 1,825.00M 1,819.00M 1,559.00M 1,125.00M 1,456.00M 1,001.00M 995.00M 950.00M 974.00M 811.00M 1,018.00M 1,097.00M 868.00M 1,006.00M 1,078.60M 912.90M
Capital Expenditure -4,313.00M -4,341.00M -4,467.00M -3,934.00M -3,378.00M -3,772.00M -3,857.00M -2,997.00M -2,713.00M -2,250.00M -2,045.00M -2,020.00M -2,049.00M -1,876.00M -1,820.00M -1,484.00M -1,099.00M -1,035.00M -1,373.00M -1,299.00M -1,403.00M -1,065.00M -904.00M -751.00M -984.00M -1,096.00M -587.00M -739.00M -555.00M -667.00M -530.50M -453.80M
Free Cash Flow -863.00M -937.00M -824.00M -714.00M -1,401.00M -705.00M -160.00M -348.00M -33.00M -133.00M 39.00M -104.00M -210.00M 278.00M 389.00M 524.00M 726.00M 784.00M 186.00M -174.00M 53.00M -64.00M 91.00M 199.00M -10.00M -285.00M 431.00M 358.00M 313.00M 339.00M 548.10M 459.10M

Free Cash Flow

Metric TTM TTM-1 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
EBITDA 8,156.00M 6,133.00M 6,070.00M 5,924.00M 5,137.00M 4,778.00M 4,672.00M 4,243.00M 4,237.00M 4,138.00M 3,774.00M 3,413.00M 4,220.00M 3,722.00M 3,621.00M 3,743.00M 3,827.00M 5,916.00M 5,922.00M 5,880.00M 6,989.00M 6,364.00M 5,806.00M 5,491.00M 5,409.00M 6,725.00M 5,011.00M 4,128.00M 3,158.00M 2,927.00M 2,799.60M 2,786.00M
(-) Tax Adjustment 2,484.24M 0.00M 0.00M 639.31M 133.97M 0.00M 159.76M 297.39M 341.47M 562.67M 925.57M 826.31M 1,204.77M 1,025.37M 1,078.76M 1,012.23M 1,253.12M 1,868.61M 2,072.70M 1,859.53M 1,907.28M 1,784.61M 1,583.45M 0.00M 0.00M 0.00M 94.55M 456.13M 814.63M 1,024.45M 979.86M 975.10M
(-) Change In Working Capital -55.00M 114.00M 328.00M 65.00M -751.00M 398.00M 508.00M -214.00M 381.00M -261.00M -36.00M -23.00M -597.00M 211.00M 442.00M 94.00M -293.00M 69.00M -87.00M 196.00M 8.00M -111.00M 9.00M 73.00M -196.00M -396.00M 39.00M -31.00M -111.00M -42.00M 25.70M -192.30M
(-) Capital Expenditure -4,313.00M -4,341.00M -4,467.00M -3,934.00M -3,378.00M -3,772.00M -3,857.00M -2,997.00M -2,713.00M -2,250.00M -2,045.00M -2,020.00M -2,049.00M -1,876.00M -1,820.00M -1,484.00M -1,099.00M -1,035.00M -1,373.00M -1,299.00M -1,403.00M -1,065.00M -904.00M -751.00M -984.00M -1,096.00M -587.00M -739.00M -555.00M -667.00M -530.50M -453.80M
Unlevered Free Cash Flow 1,413.76M 1,678.00M 1,275.00M 1,285.69M 2,376.03M 608.00M 147.24M 1,162.61M 801.53M 1,586.33M 839.43M 589.69M 1,563.23M 609.63M 280.24M 1,152.77M 1,767.88M 2,943.39M 2,563.30M 2,525.47M 3,670.72M 3,625.39M 3,309.55M 4,667.00M 4,621.00M 6,025.00M 4,290.45M 2,963.87M 1,899.37M 1,277.55M 1,263.54M 1,549.40M
(-) Net Interest Income After Taxes -637.69M -797.00M -815.00M -654.79M -612.60M -608.00M -552.44M -519.82M -502.92M -452.75M -341.15M -331.20M -299.38M -309.37M -301.90M -348.73M -357.13M -359.86M -314.60M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -335.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Debt Issuance 396.00M 4,240.00M 2,178.00M 1,672.00M 988.00M 1,655.00M 2,020.00M 1,904.00M 1,315.00M 1,135.00M 1,169.00M 771.00M 766.00M 164.00M -59.00M -7.00M -226.00M -476.00M 286.00M -390.00M 216.00M 40.00M 10.00M -734.00M 66.00M 2,442.00M -92.00M -127.00M 697.00M 86.00M 21.20M -229.10M
Levered Free Cash Flow 2,447.45M 6,715.00M 4,268.00M 3,612.48M 3,976.63M 2,871.00M 2,719.68M 3,586.43M 2,619.45M 3,174.08M 2,349.58M 1,691.89M 2,628.61M 1,083.00M 523.14M 1,494.50M 1,899.00M 2,827.25M 3,163.90M 2,135.47M 3,886.72M 3,665.39M 3,319.55M 3,933.00M 4,687.00M 8,802.00M 4,198.45M 2,836.87M 2,596.37M 1,363.55M 1,284.74M 1,320.30M