Page: Company Financials
Plains All American Pipeline, L.P.
$19.05
+0.04 (0.21%)
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 17.06 | 18.32 | 18.46 | 17.55 | 14.26 | 10.72 | 9.99 | 7.09 | 22.04 | 22.82 | 24.93 | 28.04 | 36.46 | 56.34 | 54.35 | 42.44 | 32.52 | 30.16 | 22.31 | 20.87 | 28.34 | 23.25 | 20.61 | 17.75 | 14.85 | 12.41 | 12.07 | 9.19 | 8.43 |
| Market Capitalization | 12,010.24M | 12,878.96M | 12,989.73M | 12,316.20M | 9,972.50M | 7,507.72M | 7,160.75M | 5,153.76M | 16,032.87M | 16,552.27M | 17,803.75M | 13,298.47M | 14,315.31M | 20,670.50M | 18,511.62M | 13,821.68M | 9,674.68M | 8,266.98M | 5,813.46M | 4,991.58M | 6,379.29M | 3,994.94M | 2,853.73M | 2,251.04M | 1,579.62M | 1,128.32M | 909.49M | 631.84M | 539.95M |
| (-) Cash & Equivalents | 5,583.00M | 459.00M | 2,156.33M | 468.00M | 542.25M | 351.25M | 173.50M | 31.25M | 377.25M | 38.00M | 38.75M | 37.00M | 133.75M | 123.50M | 28.50M | 20.50M | 20.50M | 20.00M | 13.75M | 19.00M | 24.43M | 9.63M | 19.40M | 7.91M | 4.60M | 4.23M | 2.41M | 3.87M | 17.45M |
| (+) Total Debt | 188.00M | 8,869.00M | 6,013.33M | 8,139.50M | 8,227.50M | 8,929.75M | 9,796.75M | 10,436.25M | 10,151.50M | 9,627.75M | 10,925.25M | 10,878.25M | 10,348.25M | 8,613.50M | 7,425.00M | 6,848.00M | 5,324.75M | 4,444.75M | 1,863.00M | 4,032.50M | 3,432.88M | 2,523.13M | 1,580.51M | 936.05M | 562.05M | 539.50M | 436.81M | 289.16M | 333.55M |
| Enterprise Value | 6,615.24M | 21,288.96M | 16,846.73M | 19,987.70M | 17,657.75M | 16,086.22M | 16,784.00M | 15,558.76M | 25,807.12M | 26,142.02M | 28,690.25M | 24,139.72M | 24,529.81M | 29,160.50M | 25,908.12M | 20,649.18M | 14,978.93M | 12,691.73M | 7,662.71M | 9,005.08M | 9,787.74M | 6,508.44M | 4,414.83M | 3,179.19M | 2,137.07M | 1,663.60M | 1,343.90M | 917.13M | 856.05M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46,633M | 50,193M | 50,073M | 48,712M | 57,342M | 42,078M | 23,290M | 33,669M | 34,055M | 26,223M | 20,182M | 23,152M | 43,464M | 42,249M | 37,797M | 34,275M | 25,893M | 18,520M | 30,061M | 20,394M | 22,444M | 31,177M | 20,975M | 12,590M | 8,384M | 6,868M | 6,641M | 4,702M | 176M | 753M |
| Cost of Revenue | 44,834M | 36,550M | 48,354M | 45,956M | 55,456M | 40,343M | 22,160M | 31,356M | 31,576M | 24,794M | 18,909M | 21,612M | 41,348M | 40,162M | 36,030M | 32,434M | 24,610M | 17,294M | 29,096M | 19,532M | 21,855M | 30,715M | 20,644M | 12,372M | 8,210M | 6,721M | 6,507M | 4,592M | 169M | 740M |
| Gross Profit | 1,799M | 13,643M | 1,719M | 2,756M | 1,886M | 1,735M | 1,130M | 2,313M | 2,479M | 1,429M | 1,273M | 1,540M | 2,116M | 2,087M | 1,767M | 1,841M | 1,283M | 1,226M | 965M | 862M | 589M | 462M | 331M | 217M | 174M | 147M | 135M | 110M | 8M | 12M |
| Gross Profit Margin | 3.9% | 27.2% | 3.4% | 5.7% | 3.3% | 4.1% | 4.9% | 6.9% | 7.3% | 5.4% | 6.3% | 6.7% | 4.9% | 4.9% | 4.7% | 5.4% | 5.0% | 6.6% | 3.2% | 4.2% | 2.6% | 1.5% | 1.6% | 1.7% | 2.1% | 2.1% | 2.0% | 2.3% | 4.3% | 1.7% |
| 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 |
| SG&A Expenses | 359M | 360M | 381M | 350M | 325M | 292M | 271M | 297M | 316M | 276M | 279M | 278M | 325M | 359M | 342M | 294M | 260M | 211M | 160M | 164M | 134M | 103M | 83M | 73M | 46M | 47M | 41M | 22M | 1M | 4M |
| Operating Expenses | 455M | 12,169M | 541M | 1,246M | 594M | 884M | 3,505M | 325M | 316M | 276M | 279M | 278M | 325M | 359M | 342M | 543M | 516M | 447M | 371M | 344M | 234M | 187M | 151M | 119M | 80M | 71M | 65M | 40M | 2M | 5M |
| Operating Income (EBIT) | 1,344M | 1,474M | 1,178M | 1,510M | 1,292M | 851M | -2,375M | 1,988M | 2,163M | 1,153M | 994M | 1,262M | 1,791M | 1,728M | 1,425M | 1,298M | 767M | 779M | 594M | 518M | 355M | 276M | 180M | 98M | 95M | 76M | 69M | 71M | 6M | 8M |
| Operating Income Margin | 2.9% | 2.9% | 2.4% | 3.1% | 2.3% | 2.0% | -10.2% | 5.9% | 6.4% | 4.4% | 4.9% | 5.5% | 4.1% | 4.1% | 3.8% | 3.8% | 3.0% | 4.2% | 2.0% | 2.5% | 1.6% | 0.9% | 0.9% | 0.8% | 1.1% | 1.1% | 1.0% | 1.5% | 3.1% | 1.0% |
| Interest Income | 94M | 42M | 70M | 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 |
| Interest Expense | 507M | 415M | 430M | 386M | 405M | 425M | 436M | 425M | 431M | 510M | 467M | 432M | 348M | 313M | 288M | 253M | 248M | 224M | 196M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Net Interest Income | -413M | -373M | -360M | -386M | -405M | -425M | -436M | -425M | -431M | -510M | -467M | -432M | -348M | -313M | -288M | -253M | -248M | -224M | -196M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Unusual Items | 490M | 409M | 462M | 499M | 530M | 295M | 212M | 683M | 682M | 259M | 228M | 176M | 114M | 75M | 44M | -6M | -6M | 31M | 47M | -137M | -76M | -58M | -178M | 59,350M | 65,197M | -4M | 41M | -152M | -6M | -4M |
| EBT Excluding Unusual Items | 931M | 1,101M | 818M | 1,124M | 887M | 426M | -2,811M | 1,563M | 1,732M | 643M | 527M | 830M | 1,443M | 1,415M | 1,137M | 1,045M | 519M | 555M | 398M | 518M | 355M | 276M | 180M | 98M | 95M | 76M | 69M | 71M | 6M | 8M |
| Pre-Tax Income | 1,421M | 1,510M | 1,280M | 1,623M | 1,417M | 721M | -2,599M | 2,246M | 2,414M | 902M | 755M | 1,006M | 1,557M | 1,490M | 1,181M | 1,039M | 513M | 586M | 445M | 381M | 279M | 218M | 2M | 59,448M | 65,292M | 72M | 111M | -82M | 0M | 3M |
| Pre-Tax Margin | 3.0% | 3.0% | 2.6% | 3.3% | 2.5% | 1.7% | -11.2% | 6.7% | 7.1% | 3.4% | 3.7% | 4.3% | 3.6% | 3.5% | 3.1% | 3.0% | 2.0% | 3.2% | 1.5% | 1.9% | 1.2% | 0.7% | 0.0% | 472.2% | 778.7% | 1.1% | 1.7% | -1.7% | 0.0% | 0.5% |
| Income Tax Expense | 105M | 150M | 167M | 121M | 189M | 73M | -19M | 66M | 198M | 44M | 25M | 100M | 171M | 99M | 54M | 45M | -1M | 6M | 8M | 16M | 0M | 0M | 50M | 39M | -29,239M | 32M | -8M | 174M | 1M | 1M |
| Net Income | 1,130M | 1,048M | 772M | 1,230M | 1,037M | 593M | -2,590M | 2,171M | 2,216M | 856M | 726M | 903M | 1,384M | 1,361M | 1,094M | 966M | 505M | 579M | 437M | 365M | 285M | 218M | 130M | 59M | 65M | 44M | 78M | -103M | 4M | 2M |
| Net Income Margin | 2.4% | 2.1% | 1.5% | 2.5% | 1.8% | 1.4% | -11.1% | 6.4% | 6.5% | 3.3% | 3.6% | 3.9% | 3.2% | 3.2% | 2.9% | 2.8% | 2.0% | 3.1% | 1.5% | 1.8% | 1.3% | 0.7% | 0.6% | 0.5% | 0.8% | 0.6% | 1.2% | -2.2% | 2.4% | 0.3% |
| Depreciation & Amortization | 953M | 979M | 1,026M | 1,048M | 965M | 774M | 653M | 601M | 520M | 623M | 494M | 432M | 392M | 375M | 482M | 249M | 256M | 236M | 211M | 181M | 100M | 84M | 67M | 47M | 34M | 24M | 25M | 17M | 1M | 1M |
| EBITDA | 2,297M | 2,453M | 2,204M | 2,558M | 2,257M | 1,625M | -1,722M | 2,589M | 2,683M | 1,776M | 1,488M | 1,694M | 2,183M | 2,103M | 1,907M | 1,547M | 1,023M | 1,015M | 805M | 699M | 455M | 359M | 247M | 145M | 129M | 101M | 94M | 88M | 7M | 9M |
| EBITDA Margin | 4.9% | 4.9% | 4.4% | 5.3% | 3.9% | 3.9% | -7.4% | 7.7% | 7.9% | 6.8% | 7.4% | 7.3% | 5.0% | 5.0% | 5.0% | 4.5% | 4.0% | 5.5% | 2.7% | 3.4% | 2.0% | 1.2% | 1.2% | 1.2% | 1.5% | 1.5% | 1.4% | 1.9% | 3.8% | 1.2% |
| NOPAT | 1,245M | 1,328M | 1,024M | 1,397M | 1,120M | 765M | -1,876M | 1,930M | 1,986M | 1,097M | 961M | 1,137M | 1,594M | 1,613M | 1,360M | 1,242M | 768M | 771M | 583M | 496M | 354M | 276M | -4,461M | 98M | 137M | 42M | 74M | 56M | 4M | 5M |
| NOPAT Margin | 2.7% | 2.6% | 2.0% | 2.9% | 2.0% | 1.8% | -8.1% | 5.7% | 5.8% | 4.2% | 4.8% | 4.9% | 3.7% | 3.8% | 3.6% | 3.6% | 3.0% | 4.2% | 1.9% | 2.4% | 1.6% | 0.9% | -21.3% | 0.8% | 1.6% | 0.6% | 1.1% | 1.2% | 2.5% | 0.6% |
| Owner's Earnings | 1,422M | 1,482M | 1,179M | 1,719M | 1,547M | 1,031M | -2,675M | 1,591M | 1,102M | 455M | -114M | -744M | -156M | 123M | 372M | 558M | 310M | 346M | 59M | -2M | 45M | 137M | 80M | 41M | 59M | 47M | 89M | -276M | 3M | 3M |
| Owner's Earnings Margin | 3.0% | 3.0% | 2.4% | 3.5% | 2.7% | 2.5% | -11.5% | 4.7% | 3.2% | 1.7% | -0.6% | -3.2% | -0.4% | 0.3% | 1.0% | 1.6% | 1.2% | 1.9% | 0.2% | 0.0% | 0.2% | 0.4% | 0.4% | 0.3% | 0.7% | 0.7% | 1.3% | -5.9% | 1.4% | 0.3% |
| EPS (Basic) | 1.23 | 1.12 | 0.73 | 1.40 | 1.19 | 0.55 | -3.83 | 2.71 | 2.77 | 0.96 | 0.43 | 0.78 | 2.39 | 2.82 | 2.41 | 2.46 | 1.21 | 1.67 | 1.33 | 1.27 | 1.46 | 1.39 | 0.95 | 0.51 | 0.67 | 0.56 | 1.10 | -1.63 | 0.07 | 0.04 |
| EPS (Diluted) | 1.61 | 1.49 | 1.10 | 1.76 | 1.48 | 0.83 | -3.56 | 2.71 | 2.77 | 1.19 | 1.56 | 2.28 | 3.75 | 3.97 | 3.34 | 3.23 | 1.83 | 2.21 | 1.81 | 1.60 | 1.74 | 1.54 | 1.03 | 0.56 | 0.72 | 0.59 | 1.13 | -1.63 | 0.07 | 0.04 |
| Shares (Basic) | 704M | 701M | 702M | 699M | 701M | 716M | 728M | 727M | 799M | 717M | 464M | 394M | 367M | 341M | 325M | 297M | 274M | 260M | 240M | 226M | 162M | 139M | 127M | 106M | 91M | 75M | 69M | 63M | 60M | 60M |
| Shares (Diluted) | 704M | 701M | 702M | 699M | 701M | 716M | 728M | 800M | 799M | 718M | 466M | 396M | 369M | 343M | 328M | 299M | 276M | 262M | 242M | 228M | 164M | 141M | 127M | 106M | 91M | 75M | 69M | 63M | 60M | 60M |
Product Segments
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-Term Storage, Terminalling And Throughput Agreements Revenues | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 340.00M | 404.00M | 389.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Pipeline Revenues Supported By Minimum Volume Commitments And Long-Term Capacity Agreements | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 174.00M | 164.00M | 157.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Product | 57,317.00M | 48,570.00M | 48,254.00M | 46,974.00M | 55,948.00M | 40,883.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Segment Facilities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 555.00M | 546.00M | 528.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Segment Pipeline Tariff Activities Trucking | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 774.00M | 701.00M | 1,416.00M | 1,165.00M |
| Segment Sales And Logistics | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 42,114.00M | 0.00M | 0.00M | 0.00M |
| Segment Sales and Logistics | 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 | 40,692.00M | 36,440.00M | 33,068.00M |
| Segment Storage Terminalling Processing | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 576.00M | 856.00M | 1,098.00M | 796.00M |
| Segment Supply And Logistics | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 25,056.00M | 19,004.00M | 21,927.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Segment Transportation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1,021.00M | 954.00M | 697.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Service | 2,249.00M | 1,799.00M | 1,819.00M | 1,738.00M | 1,394.00M | 1,195.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
Geographic Segments
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| C | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 4,451.00M | 8,604.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| CANADA | 0.00M | 0.00M | 5,935.00M | 6,404.00M | 10,439.00M | 7,620.00M | 5,348.00M | 6,507.00M | 5,693.00M | 4,780.00M | 4,583.00M | 0.00M | 0.00M | 9,325.00M | 7,819.00M | 6,094.00M | 0.00M |
| Canada | 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 | 4,422.00M |
| U | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 18,701.00M | 34,860.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| UNITED STATES | 0.00M | 0.00M | 44,138.00M | 42,308.00M | 46,903.00M | 34,458.00M | 17,942.00M | 27,162.00M | 28,362.00M | 21,443.00M | 15,599.00M | 0.00M | 0.00M | 32,924.00M | 29,978.00M | 28,181.00M | 0.00M |
| United States | 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 | 21,471.00M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 1,180.00M | 459.00M | 348.00M | 450.00M | 401.00M | 449.00M | 22.00M | 45.00M | 66.00M | 37.00M | 47.00M | 27.00M | 403.00M | 41.00M | 24.00M | 26.00M | 36.00M | 25.00M | 11.00M | 24.00M | 11.30M | 9.60M | 12.99M | 4.14M | 3.50M | 3.51M | 3.43M | 53.80M | 5.50M | 0.00M |
| 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 | 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 | 1,180.00M | 459.00M | 348.00M | 450.00M | 401.00M | 449.00M | 22.00M | 45.00M | 66.00M | 37.00M | 47.00M | 27.00M | 403.00M | 41.00M | 24.00M | 26.00M | 36.00M | 25.00M | 11.00M | 24.00M | 11.30M | 9.60M | 12.99M | 4.14M | 3.50M | 3.51M | 3.43M | 53.80M | 5.50M | 0.00M |
| Net Receivables | 3,623.00M | 3,562.00M | 3,901.00M | 3,760.00M | 3,907.00M | 4,705.00M | 2,553.00M | 3,614.00M | 2,454.00M | 3,029.00M | 2,279.00M | 1,785.00M | 2,615.00M | 3,638.00M | 3,563.00M | 3,190.00M | 2,746.00M | 2,253.00M | 1,525.00M | 2,561.00M | 1,725.40M | 781.00M | 521.79M | 590.65M | 499.91M | 365.70M | 347.70M | 508.90M | 119.50M | 96.32M |
| Inventory | 184.00M | 151.00M | 439.00M | 548.00M | 729.00M | 783.00M | 647.00M | 604.00M | 640.00M | 713.00M | 1,343.00M | 916.00M | 891.00M | 1,065.00M | 1,209.00M | 978.00M | 1,491.00M | 1,157.00M | 801.00M | 972.00M | 1,290.00M | 910.30M | 498.20M | 105.97M | 81.85M | 188.87M | 46.78M | 72.70M | 37.70M | 18.91M |
| Other Current Assets | 596.00M | 516.00M | 114.00M | 155.00M | 318.00M | 200.00M | 443.00M | 349.00M | 373.00M | 221.00M | 603.00M | 241.00M | 270.00M | 220.00M | 351.00M | 157.00M | 108.00M | 223.00M | 259.00M | 116.00M | 130.90M | 104.30M | 68.20M | 32.23M | 17.68M | 0.00M | 0.00M | 103.60M | 1.10M | 0.00M |
| Total Current Assets | 5,583.00M | 4,688.00M | 4,802.00M | 4,913.00M | 5,355.00M | 6,137.00M | 3,665.00M | 4,612.00M | 3,533.00M | 4,000.00M | 4,272.00M | 2,969.00M | 4,179.00M | 4,964.00M | 5,147.00M | 4,351.00M | 4,381.00M | 3,658.00M | 2,596.00M | 3,673.00M | 3,157.60M | 1,805.20M | 1,101.17M | 732.97M | 602.94M | 558.08M | 397.90M | 739.00M | 163.80M | 115.23M |
| Property, Plant & Equipment | 14,327.00M | 14,359.00M | 15,756.00M | 16,095.00M | 15,599.00M | 15,296.00M | 14,989.00M | 15,821.00M | 14,787.00M | 14,089.00M | 13,872.00M | 13,474.00M | 12,272.00M | 10,819.00M | 9,643.00M | 7,740.00M | 6,691.00M | 6,340.00M | 5,059.00M | 4,419.00M | 3,842.00M | 1,857.20M | 1,727.62M | 1,151.04M | 952.75M | 604.92M | 440.65M | 443.30M | 378.00M | 32.39M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 2,540.00M | 2,521.00M | 2,566.00M | 2,344.00M | 2,405.00M | 2,465.00M | 2,503.00M | 2,535.00M | 1,854.00M | 1,376.00M | 1,287.00M | 1,210.00M | 1,072.00M | 1,026.20M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 1,570.00M | 1,636.00M | 1,677.00M | 1,875.00M | 2,145.00M | 1,960.00M | 805.00M | 707.00M | 772.00M | 844.00M | 242.00M | 283.00M | 345.00M | 420.00M | 473.00M | 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 |
| Long-Term Investments | 2,873.00M | 2,709.00M | 2,811.00M | 2,820.00M | 3,084.00M | 3,805.00M | 3,764.00M | 3,683.00M | 2,702.00M | 2,756.00M | 2,343.00M | 2,027.00M | 1,735.00M | 485.00M | 343.00M | 191.00M | 200.00M | 572.00M | 396.00M | 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 | 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 Non-Current Assets | 3,748.00M | 3,763.00M | 1,516.00M | 1,652.00M | 1,709.00M | 1,411.00M | 1,274.00M | 1,314.00M | 1,196.00M | 1,096.00M | 1,137.00M | 1,130.00M | 1,202.00M | 1,169.00M | 1,094.00M | 815.00M | 1,055.00M | 501.00M | 771.00M | 742.00M | 689.10M | 410.50M | 331.60M | 211.62M | 110.89M | 98.25M | 47.25M | 40.70M | 65.40M | 1.81M |
| 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 | 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 | 22,518.00M | 22,467.00M | 21,760.00M | 22,442.00M | 22,537.00M | 22,472.00M | 20,832.00M | 24,065.00M | 21,978.00M | 21,351.00M | 19,938.00M | 19,319.00M | 18,019.00M | 15,396.00M | 14,088.00M | 10,600.00M | 9,322.00M | 8,700.00M | 7,436.00M | 6,233.00M | 5,557.30M | 2,267.70M | 2,059.22M | 1,362.66M | 1,063.64M | 703.17M | 487.90M | 484.00M | 443.40M | 34.19M |
| Total Assets | 28,101.00M | 27,155.00M | 26,562.00M | 27,355.00M | 27,892.00M | 28,609.00M | 24,497.00M | 28,677.00M | 25,511.00M | 25,351.00M | 24,210.00M | 22,288.00M | 22,198.00M | 20,360.00M | 19,235.00M | 14,951.00M | 13,703.00M | 12,358.00M | 10,032.00M | 9,906.00M | 8,714.90M | 4,072.90M | 3,160.40M | 2,095.63M | 1,666.58M | 1,261.25M | 885.80M | 1,223.00M | 607.20M | 149.42M |
| Accounts Payable | 3,584.00M | 3,364.00M | 3,881.00M | 3,844.00M | 4,044.00M | 4,810.00M | 2,437.00M | 3,686.00M | 2,704.00M | 3,323.00M | 2,588.00M | 2,038.00M | 2,986.00M | 3,983.00M | 3,822.00M | 3,599.00M | 2,738.00M | 2,295.00M | 1,507.00M | 2,577.00M | 1,846.60M | 1,293.60M | 850.90M | 603.46M | 488.92M | 386.99M | 328.54M | 485.40M | 137.00M | 86.42M |
| Short-Term Debt | 1,010.00M | 475.00M | 408.00M | 446.00M | 1,159.00M | 822.00M | 831.00M | 486.00M | 66.00M | 737.00M | 1,715.00M | 999.00M | 1,287.00M | 1,113.00M | 1,086.00M | 679.00M | 1,326.00M | 1,074.00M | 1,027.00M | 960.00M | 1,001.20M | 378.40M | 175.50M | 127.26M | 99.25M | 104.48M | 1.30M | 109.40M | 9.80M | 18.00M |
| Tax Payables | 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 |
| Deferred Revenue | 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 | 771.00M | 840.00M | 661.00M | 713.00M | 617.00M | 523.00M | 907.00M | 733.00M | 686.00M | 471.00M | 361.00M | 370.00M | 482.00M | 315.00M | 275.00M | 233.00M | 151.00M | 413.00M | 426.00M | 192.00M | 176.90M | 121.30M | 87.30M | 71.20M | 49.08M | 13.69M | 20.95M | 42.70M | 7.70M | 0.00M |
| Total Current Liabilities | 5,365.00M | 4,679.00M | 4,950.00M | 5,003.00M | 5,820.00M | 6,155.00M | 4,175.00M | 4,905.00M | 3,456.00M | 4,531.00M | 4,664.00M | 3,407.00M | 4,755.00M | 5,411.00M | 5,183.00M | 4,511.00M | 4,215.00M | 3,782.00M | 2,960.00M | 3,729.00M | 3,024.70M | 1,793.30M | 1,113.70M | 801.92M | 637.25M | 505.16M | 350.79M | 637.50M | 154.50M | 104.42M |
| Long-Term Debt | 8,439.00M | 8,204.00M | 7,213.00M | 7,305.00M | 7,287.00M | 8,398.00M | 9,312.00M | 9,138.00M | 9,143.00M | 9,183.00M | 10,124.00M | 10,375.00M | 8,762.00M | 6,715.00M | 6,320.00M | 4,520.00M | 4,631.00M | 4,142.00M | 3,259.00M | 2,624.00M | 2,626.30M | 951.70M | 949.02M | 518.99M | 509.74M | 351.68M | 320.00M | 373.50M | 175.00M | 0.00M |
| Capital Lease Obligations | 188.00M | 190.00M | 313.00M | 337.00M | 308.00M | 339.00M | 317.00M | 387.00M | 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 |
| Deferred Tax Liabilities | 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 Non-Current Liabilities | 1,120.00M | 1,133.00M | 990.00M | 1,041.00M | 1,081.00M | 830.00M | 807.00M | 891.00M | 910.00M | 679.00M | 606.00M | 567.00M | 548.00M | 531.00M | 586.00M | 376.00M | 284.00M | 275.00M | 261.00M | 129.00M | 87.10M | 44.60M | 27.50M | 27.99M | 7.98M | 1.62M | 1.01M | 19.00M | 0.10M | 30.23M |
| Total Non-Current Liabilities | 9,747.00M | 9,527.00M | 8,516.00M | 8,683.00M | 8,676.00M | 9,567.00M | 10,436.00M | 10,416.00M | 10,053.00M | 9,862.00M | 10,730.00M | 10,942.00M | 9,310.00M | 7,246.00M | 6,906.00M | 4,896.00M | 4,915.00M | 4,417.00M | 3,520.00M | 2,753.00M | 2,713.40M | 996.30M | 976.52M | 546.99M | 517.72M | 353.29M | 321.01M | 392.50M | 175.10M | 30.23M |
| Total Liabilities | 15,112.00M | 14,206.00M | 13,466.00M | 13,686.00M | 14,496.00M | 15,722.00M | 14,611.00M | 15,321.00M | 13,509.00M | 14,393.00M | 15,394.00M | 14,349.00M | 14,065.00M | 12,657.00M | 12,089.00M | 9,407.00M | 9,130.00M | 8,199.00M | 6,480.00M | 6,482.00M | 5,738.10M | 2,789.60M | 2,090.22M | 1,348.90M | 1,154.97M | 858.45M | 671.80M | 1,030.00M | 329.60M | 134.65M |
| Preferred Stock | 2,034.00M | 2,033.00M | 2,301.00M | 2,296.00M | 2,292.00M | 2,292.00M | 2,292.00M | 2,292.00M | 2,292.00M | 2,293.00M | 1,508.00M | 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 |
| Common Stock | 7,729.00M | 7,673.00M | 7,512.00M | 8,126.00M | 7,765.00M | 7,680.00M | 7,301.00M | 10,770.00M | 9,710.00M | 8,665.00M | 7,251.00M | 7,580.00M | 7,793.00M | 7,349.00M | 6,388.00M | 0.00M | 0.00M | 0.00M | 3,469.00M | 3,343.00M | 2,906.10M | 1,294.10M | 1,039.02M | 762.12M | 542.89M | 389.21M | 210.80M | 193.30M | 0.00M | 0.00M |
| Retained Earnings | 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 |
| Accumulated OCI | 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 | 83.00M | 81.00M | 70.70M | 0.00M | 0.00M | -15.39M | -31.28M | 13.59M | 3.20M | -0.30M | 0.00M | 0.00M |
| Minority Interest | 3,226.00M | 3,243.00M | 3,283.00M | 3,310.00M | 3,268.00M | 2,838.00M | 145.00M | 133.00M | 0.00M | 0.00M | 57.00M | 359.00M | 398.00M | 354.00M | 758.00M | 725.00M | 339.00M | 157.00M | 0.00M | 0.00M | 0.00M | 36.60M | 31.18M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 9,763.00M | 9,706.00M | 9,813.00M | 10,422.00M | 10,057.00M | 9,972.00M | 9,593.00M | 13,062.00M | 12,002.00M | 10,958.00M | 8,759.00M | 7,580.00M | 7,793.00M | 7,349.00M | 6,388.00M | 0.00M | 0.00M | 0.00M | 3,552.00M | 3,424.00M | 2,976.80M | 1,294.10M | 1,039.02M | 746.73M | 511.61M | 402.80M | 214.00M | 193.00M | 0.00M | 0.00M |
| Total Equity | 12,989.00M | 12,949.00M | 13,096.00M | 13,732.00M | 13,325.00M | 12,810.00M | 9,738.00M | 13,195.00M | 12,002.00M | 10,958.00M | 8,816.00M | 7,939.00M | 8,191.00M | 7,703.00M | 7,146.00M | 725.00M | 339.00M | 157.00M | 3,552.00M | 3,424.00M | 2,976.80M | 1,330.70M | 1,070.20M | 746.73M | 511.61M | 402.80M | 214.00M | 193.00M | 0.00M | 0.00M |
| Total Liabilities & Equity | 28,101.00M | 27,155.00M | 26,562.00M | 27,418.00M | 27,821.00M | 28,532.00M | 24,349.00M | 28,516.00M | 25,511.00M | 25,351.00M | 24,210.00M | 22,288.00M | 22,256.00M | 20,360.00M | 19,235.00M | 10,132.00M | 9,469.00M | 8,356.00M | 10,032.00M | 9,906.00M | 8,714.90M | 4,120.30M | 3,160.43M | 2,095.63M | 1,666.58M | 1,261.25M | 885.80M | 1,223.00M | 329.60M | 134.65M |
| Tangible Assets | 26,531.00M | 25,519.00M | 24,885.00M | 25,480.00M | 25,747.00M | 26,649.00M | 23,692.00M | 25,430.00M | 22,218.00M | 21,941.00M | 21,624.00M | 19,600.00M | 19,388.00M | 17,437.00M | 16,227.00M | 13,097.00M | 12,327.00M | 11,071.00M | 8,822.00M | 8,834.00M | 7,688.70M | 4,072.90M | 3,160.40M | 2,095.63M | 1,666.58M | 1,261.25M | 885.80M | 1,223.00M | 607.20M | 149.42M |
| Tangible Equity | 11,419.00M | 11,313.00M | 11,419.00M | 11,857.00M | 11,180.00M | 10,850.00M | 8,933.00M | 9,948.00M | 8,709.00M | 7,548.00M | 6,230.00M | 5,251.00M | 5,381.00M | 4,780.00M | 4,138.00M | -1,129.00M | -1,037.00M | -1,130.00M | 2,342.00M | 2,352.00M | 1,950.60M | 1,330.70M | 1,070.20M | 746.73M | 511.61M | 402.80M | 214.00M | 193.00M | 0.00M | 0.00M |
| Tangible Book Value | 11,419.00M | 11,313.00M | 11,419.00M | 11,857.00M | 11,180.00M | 10,850.00M | 8,933.00M | 9,948.00M | 8,709.00M | 7,548.00M | 6,230.00M | 5,251.00M | 5,381.00M | 4,780.00M | 4,138.00M | -1,129.00M | -1,037.00M | -1,130.00M | 2,342.00M | 2,352.00M | 1,950.60M | 1,330.70M | 1,070.20M | 746.73M | 511.61M | 402.80M | 214.00M | 193.00M | 0.00M | 0.00M |
| Total Investments | 2,873.00M | 2,709.00M | 2,811.00M | 2,820.00M | 3,084.00M | 3,805.00M | 3,764.00M | 3,683.00M | 2,702.00M | 2,756.00M | 2,343.00M | 2,027.00M | 1,735.00M | 485.00M | 343.00M | 191.00M | 200.00M | 572.00M | 396.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Debt | 8,269.00M | 8,220.00M | 7,273.00M | 7,301.00M | 8,045.00M | 8,771.00M | 10,121.00M | 9,579.00M | 9,143.00M | 9,883.00M | 11,792.00M | 11,347.00M | 9,646.00M | 7,787.00M | 7,382.00M | 5,173.00M | 5,921.00M | 5,191.00M | 4,275.00M | 3,560.00M | 3,616.20M | 1,320.50M | 1,111.54M | 642.11M | 605.48M | 452.65M | 317.87M | 429.10M | 179.30M | 18.00M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 218.0M | 9.0M | -148.0M | -90.0M | -536.0M | -95.0M | -588.0M | -405.0M | 77.0M | -531.0M | -392.0M | -438.0M | -576.0M | -447.0M | -36.0M | -160.0M | 166.0M | -124.0M | -364.0M | -56.0M | 132.9M | 11.9M | -12.5M | -68.9M | -34.3M | 52.9M | 47.1M | 101.5M | 9.4M | 2.0M |
| Total Capital | 19,400.0M | 18,575.0M | 17,747.0M | 18,447.0M | 18,882.0M | 19,608.0M | 20,201.0M | 23,234.0M | 21,211.0M | 20,878.0M | 20,598.0M | 18,954.0M | 17,784.0M | 15,177.0M | 13,794.0M | 10,448.0M | 10,191.0M | 9,218.0M | 7,838.0M | 7,008.0M | 6,604.3M | 2,624.2M | 2,163.5M | 1,393.0M | 1,120.6M | 859.0M | 535.3M | 675.9M | 462.4M | 24.0M |
| Capital Employed | 22,736.0M | 22,476.0M | 21,612.0M | 22,352.0M | 22,001.0M | 22,377.0M | 20,244.0M | 23,660.0M | 22,055.0M | 20,820.0M | 19,546.0M | 18,881.0M | 17,501.0M | 14,949.0M | 14,052.0M | 10,870.0M | 9,488.0M | 8,576.0M | 7,072.0M | 6,177.0M | 5,690.2M | 2,327.0M | 2,046.7M | 1,293.7M | 1,029.3M | 756.1M | 535.0M | 585.5M | 452.7M | 36.2M |
| Invested Capital | 18,220.0M | 18,116.0M | 17,399.0M | 17,997.0M | 18,481.0M | 19,159.0M | 20,179.0M | 23,189.0M | 21,145.0M | 20,841.0M | 20,551.0M | 18,927.0M | 17,381.0M | 15,136.0M | 13,770.0M | 10,422.0M | 10,155.0M | 9,193.0M | 7,827.0M | 6,984.0M | 6,593.0M | 2,614.6M | 2,150.5M | 1,388.8M | 1,117.1M | 855.4M | 531.9M | 622.1M | 456.9M | 24.0M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1,181.00M | 1,173.00M | 1,113.00M | 1,502.00M | 1,228.00M | 648.00M | -2,580.00M | 2,180.00M | 2,216.00M | 858.00M | 730.00M | 906.00M | 1,386.00M | 1,391.00M | 1,127.00M | 1.00M | 514.00M | 580.00M | 437.00M | 365.00M | 285.10M | 217.80M | 130.01M | 59.45M | 65.29M | 44.18M | 77.50M | -101.80M | 4.20M | 2.14M |
| Depreciation & Amortization | 953.00M | 979.00M | 1,026.00M | 1,048.00M | 965.00M | 774.00M | 653.00M | 601.00M | 520.00M | 626.00M | 494.00M | 432.00M | 392.00M | 375.00M | 482.00M | 249.00M | 256.00M | 236.00M | 211.00M | 181.00M | 100.40M | 83.50M | 67.24M | 46.82M | 34.07M | 24.31M | 24.52M | 17.30M | 1.20M | 1.17M |
| Deferred Income Tax | -1.00M | 18.00M | -28.00M | -24.00M | 105.00M | 23.00M | -70.00M | -46.00M | 132.00M | 16.00M | -60.00M | 16.00M | 100.00M | -7.00M | -19.00M | 7.00M | -17.00M | -9.00M | -1.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 18.00M | 50.00M | 50.00M | 40.00M | 23.00M | 15.00M | 34.00M | 79.00M | 41.00M | 60.00M | 27.00M | 98.00M | 116.00M | 101.00M | 110.00M | 98.00M | 68.00M | 24.00M | 49.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | 249.00M | 130.00M | 74.00M | 194.00M | -191.00M | -227.00M | -158.00M | -12.00M | -133.00M | 941.00M | -486.00M | -116.00M | -267.00M | 74.00M | -466.00M | 1,002.00M | -605.00M | -461.00M | 139.00M | 190.00M | -703.00M | -324.00M | -102.92M | -62.27M | 74.63M | -110.47M | -100.01M | -5.70M | 3.00M | -17.28M |
| Accounts Receivable | 0.00M | 0.00M | 94.00M | 213.00M | 649.00M | -2,179.00M | 1,432.00M | -1,158.00M | 309.00M | -511.00M | -524.00M | 803.00M | 1,177.00M | -186.00M | 218.00M | 83.00M | -59.00M | -744.00M | 948.00M | -743.00M | -729.00M | -299.20M | -30,364.00M | -102,005.00M | -136,481.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | 70.00M | 223.00M | -10.00M | -18.00M | -304.00M | -5.00M | -75.00M | 605.00M | -463.00M | -90.00M | -129.00M | 134.00M | -180.00M | 518.00M | -336.00M | -319.00M | -120.00M | 340.00M | -324.50M | -425.10M | -405.92M | -38.94M | 105.94M | -117.88M | -11.95M | 34.80M | -14.80M | -16.45M |
| Accounts Payable | 0.00M | 0.00M | -90.00M | -242.00M | -830.00M | 1,970.00M | 0.00M | 1,151.00M | -367.00M | 847.00M | 501.00M | -829.00M | -1,315.00M | 126.00M | -504.00M | 401.00M | -210.00M | 602.00M | -689.00M | 593.00M | 356.70M | 427.80M | 327,449.00M | 117,412.00M | 106,065.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | 249.00M | 130.00M | 0.00M | 0.00M | 0.00M | 0.00M | -1,286.00M | 0.00M | -367.00M | 847.00M | 508.00M | 0.00M | 0.00M | 0.00M | 0.00M | 484.00M | -59.00M | 0.00M | 259.00M | -150.00M | -378.50M | 101.10M | 303.00M | -23.33M | -31.31M | 7.41M | -88.06M | -40.50M | 17.80M | -0.83M |
| Other Non-Cash Items | 495.00M | 456.00M | 255.00M | -43.00M | 261.00M | 755.00M | 3,654.00M | -253.00M | -206.00M | 17.00M | -12.00M | 79.00M | 295.00M | -2.00M | -4.00M | 997.00M | -4.00M | -49.00M | 71.00M | 60.00M | 42.20M | 46.80M | 9.64M | 24.52M | -0.10M | 12.03M | -35.53M | -16.00M | 0.00M | 1.10M |
| Net Cash from Operating Activities | 2,877.00M | 2,774.00M | 2,490.00M | 2,727.00M | 2,408.00M | 1,996.00M | 1,514.00M | 2,504.00M | 2,608.00M | 2,499.00M | 726.00M | 1,344.00M | 2,004.00M | 1,954.00M | 1,240.00M | 2,365.00M | 259.00M | 365.00M | 857.00M | 796.00M | -275.30M | 24.10M | 103.97M | 68.52M | 173.89M | -29.95M | -33.51M | -106.20M | 8.40M | -12.87M |
| Capital Expenditures (PPE) | -661.00M | -545.00M | -619.00M | -559.00M | -455.00M | -336.00M | -738.00M | -1,181.00M | -1,634.00M | -1,024.00M | -1,334.00M | -2,079.00M | -1,932.00M | -1,613.00M | -1,204.00M | -657.00M | -451.00M | -469.00M | -589.00M | -548.00M | -341.00M | -164.10M | -116.94M | -65.42M | -40.59M | -21.07M | -12.60M | -189.70M | -2.90M | -0.68M |
| Acquisitions (Net) | -968.00M | -300.00M | -252.00M | -458.00M | -163.00M | -126.00M | -771.00M | -574.00M | -458.00M | -1,675.00M | -583.00M | -358.00M | -1,256.00M | -161.00M | -2,173.00M | -1,390.00M | -407.00M | -223.00M | -709.00M | -127.00M | -1,263.90M | -30.00M | -535.27M | -168.36M | -324.63M | -229.16M | 0.00M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | 0.00M | -4.00M | 0.00M | 0.00M | -14.00M | -94.00M | -461.00M | -524.00M | 200.00M | -416.00M | -301.00M | -253.00M | 0.00M | 0.00M | 0.00M | 0.00M | 2.00M | 0.00M | -37.00M | -9.00M | -45.90M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 14.00M | 94.00M | 461.00M | 524.00M | -200.00M | 21.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 268.00M | 26.00M | 51.00M | 40.00M | 4.40M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | -466.00M | -649.00M | -633.00M | 315.00M | 92.00M | 848.00M | 416.00M | -10.00M | 1,279.00M | 1,129.00M | 644.00M | -93.00M | -108.00M | 121.00M | -15.00M | 27.00M | 7.00M | 6.00M | -4.00M | 21.00M | -0.20M | -103.10M | 1.02M | 8.45M | 1.44M | 0.74M | 223.60M | 3.60M | -0.20M | -1.18M |
| Net Cash from Investing Activities | -2,095.00M | -1,498.00M | -1,504.00M | -702.00M | -526.00M | 386.00M | -1,093.00M | -1,765.00M | -813.00M | -1,570.00M | -1,273.00M | -2,530.00M | -3,296.00M | -1,653.00M | -3,392.00M | -2,020.00M | -583.00M | -660.00M | -1,339.00M | -663.00M | -1,651.00M | -297.20M | -651.19M | -225.33M | -363.78M | -249.49M | 211.00M | -186.10M | -3.10M | -1.85M |
| Net Debt Issuance | 1,826.00M | 579.00M | 489.00M | -667.00M | -750.00M | -912.00M | 427.00M | 416.00M | -701.00M | -2,004.00M | -633.00M | 1,380.00M | 2,229.00M | 425.00M | 2,207.00M | -759.00M | 734.00M | 471.00M | 687.00M | -54.00M | 1,563.10M | 211.70M | 455.77M | 33.90M | 149.69M | 134.26M | -161.52M | 298.07M | 0.00M | 18.00M |
| Long-Term Debt Issuance | 1,826.00M | 579.00M | 529.00M | -1,100.00M | -750.00M | -367.00M | 131.00M | -2.00M | 200.00M | -1,350.00M | -69.00M | 1,380.00M | 2,229.00M | 425.00M | 2,207.00M | 397.00M | 734.00M | 471.00M | 883.00M | 0.00M | 944.30M | 5.60M | 412.96M | 33.90M | 149.69M | 134.26M | -161.52M | 298.07M | 0.00M | 0.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | -40.00M | 433.00M | 0.00M | -545.00M | 296.00M | 418.00M | -901.00M | -654.00M | -564.00M | 0.00M | 0.00M | 0.00M | 0.00M | -1,156.00M | 0.00M | 20.00M | -196.00M | -54.00M | 618.80M | 206.10M | 42.81M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 18.00M |
| Net Stock Issuance | -333.00M | 0.00M | 0.00M | 0.00M | -74.00M | -178.00M | -50.00M | 0.00M | 0.00M | 1,664.00M | 2,407.00M | 0.00M | 0.00M | 0.00M | 979.00M | 889.00M | 296.00M | 458.00M | 315.00M | 383.00M | 642.80M | 264.20M | 262.10M | 250.30M | 145.05M | 227.55M | 0.00M | 76.45M | 244.70M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1,664.00M | 796.00M | 1,099.00M | 848.00M | 465.00M | 959.00M | 1,259.00M | 296.00M | 458.00M | 315.00M | 383.00M | 643.00M | 264.20M | 262.10M | 250.30M | 145.05M | 227.55M | 0.00M | 76.45M | 244.70M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | -74.00M | -178.00M | -50.00M | 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 |
| Preferred Stock Issuance | -333.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 788.00M | 1,611.00M | 23.00M | 18.00M | 25.00M | 20.00M | -370.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.20M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -1,260.00M | -1,109.00M | -1,145.00M | -989.00M | -782.00M | -715.00M | -853.00M | -1,202.00M | -1,032.00M | -1,386.00M | -1,062.00M | -1,081.00M | -934.00M | -791.00M | -684.00M | -791.00M | -10.00M | -605.00M | -532.00M | -451.00M | -262.60M | -197.00M | -158.35M | -121.82M | -99.84M | -75.93M | -59.57M | -51.70M | 0.00M | 0.00M |
| Common Dividends Paid | -1,025.00M | -856.00M | -891.00M | -748.00M | -584.00M | -517.00M | -655.00M | -1,004.00M | -871.00M | -1,386.00M | -1,062.00M | -1,081.00M | -934.00M | -791.00M | -684.00M | -575.00M | -512.00M | -468.00M | -532.00M | -370.00M | -262.60M | -197.00M | -147.06M | 0.00M | -99.84M | -75.93M | -59.57M | -51.67M | 0.00M | 0.00M |
| Preferred Dividends Paid | -235.00M | -253.00M | -254.00M | -241.00M | -198.00M | -198.00M | -198.00M | -198.00M | -161.00M | -5.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -81.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -480.00M | -367.00M | -421.00M | -320.00M | -325.00M | -179.00M | 41.00M | 66.00M | -24.00M | 788.00M | -156.00M | 515.00M | 362.00M | 85.00M | -351.00M | 100.00M | -182.00M | -149.00M | -6.00M | -2.00M | -16.30M | -8.30M | -16.33M | -127.00M | -5.44M | -6.35M | -6.75M | -17.24M | -244.50M | -3.68M |
| Net Cash from Financing Activities | -247.00M | -897.00M | -1,077.00M | -1,976.00M | -1,931.00M | -1,984.00M | -435.00M | -720.00M | -1,757.00M | -943.00M | 563.00M | 814.00M | 1,657.00M | -281.00M | 2,151.00M | -345.00M | 336.00M | 312.00M | 464.00M | -124.00M | 1,927.00M | 270.60M | 554.48M | 157.24M | 189.46M | 279.53M | -227.83M | 340.50M | 0.20M | 14.32M |
| Effect of FX on Cash | 5.00M | 1.00M | -11.00M | 0.00M | -3.00M | -5.00M | -8.00M | -3.00M | -9.00M | 4.00M | 4.00M | -4.00M | -3.00M | -3.00M | -1.00M | -10.00M | -1.00M | -3.00M | 5.00M | 4.00M | 1.00M | -0.90M | 1.59M | 0.20M | 0.42M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | 540.00M | 380.00M | -102.00M | 49.00M | -52.00M | 393.00M | -22.00M | 16.00M | 29.00M | -10.00M | 20.00M | -376.00M | 362.00M | 17.00M | -2.00M | -10.00M | 11.00M | 14.00M | -13.00M | 13.00M | 1.70M | -3.40M | 8.85M | 0.64M | -0.01M | 0.09M | -50.34M | 48.30M | 5.50M | -0.40M |
| Cash at Beginning of Period | 1,874.00M | 1,594.00M | 450.00M | 401.00M | 453.00M | 60.00M | 82.00M | 66.00M | 37.00M | 47.00M | 27.00M | 403.00M | 41.00M | 24.00M | 26.00M | 36.00M | 25.00M | 11.00M | 24.00M | 11.00M | 9.60M | 13.00M | 4.14M | 3.50M | 3.51M | 3.43M | 53.77M | 5.50M | 0.00M | 0.40M |
| Cash at End of Period | 2,414.00M | 1,974.00M | 348.00M | 450.00M | 401.00M | 453.00M | 60.00M | 82.00M | 66.00M | 37.00M | 47.00M | 27.00M | 403.00M | 41.00M | 24.00M | 26.00M | 36.00M | 25.00M | 11.00M | 24.00M | 11.30M | 9.60M | 12.99M | 4.14M | 3.50M | 3.51M | 3.43M | 53.80M | 5.50M | 0.00M |
| Operating Cash Flow | 2,877.00M | 2,774.00M | 2,490.00M | 2,727.00M | 2,408.00M | 1,996.00M | 1,514.00M | 2,504.00M | 2,608.00M | 2,499.00M | 726.00M | 1,344.00M | 2,004.00M | 1,954.00M | 1,240.00M | 2,365.00M | 259.00M | 365.00M | 857.00M | 796.00M | -275.30M | 24.10M | 103.97M | 68.52M | 173.89M | -29.95M | -33.51M | -106.20M | 8.40M | -12.87M |
| Capital Expenditure | -661.00M | -545.00M | -619.00M | -559.00M | -455.00M | -336.00M | -738.00M | -1,181.00M | -1,634.00M | -1,024.00M | -1,334.00M | -2,079.00M | -1,932.00M | -1,613.00M | -1,204.00M | -657.00M | -451.00M | -469.00M | -589.00M | -548.00M | -341.00M | -164.10M | -116.94M | -65.42M | -40.59M | -21.07M | -12.60M | -189.70M | -2.90M | -0.68M |
| Free Cash Flow | 2,216.00M | 2,229.00M | 1,871.00M | 2,168.00M | 1,953.00M | 1,660.00M | 776.00M | 1,323.00M | 974.00M | 1,475.00M | -608.00M | -735.00M | 72.00M | 341.00M | 36.00M | 1,708.00M | -192.00M | -104.00M | 268.00M | 248.00M | -616.30M | -140.00M | -12.98M | 3.10M | 133.30M | -51.02M | -46.11M | -295.90M | 5.50M | -13.55M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 2,393.00M | 14,262.00M | 2,364.00M | 3,454.00M | 2,526.00M | 2,217.00M | 1,512.00M | 2,617.00M | 2,683.00M | 1,776.00M | 1,488.00M | 1,694.00M | 2,183.00M | 2,103.00M | 1,907.00M | 1,796.00M | 1,279.00M | 1,251.00M | 1,016.00M | 879.00M | 555.50M | 442.60M | 315.93M | 191.20M | 162.70M | 124.97M | 118.39M | 105.40M | 7.90M | 10.12M |
| (-) Tax Adjustment | 176.82M | 1,416.75M | 308.43M | 257.51M | 336.92M | 224.47M | 11.05M | 76.90M | 220.06M | 86.63M | 49.27M | 168.39M | 239.75M | 139.73M | 87.20M | 77.79M | 0.00M | 12.81M | 18.27M | 36.91M | 0.60M | 0.00M | 110.57M | 0.12M | 0.00M | 43.74M | 0.00M | 0.00M | 0.00M | 3.54M |
| (-) Change In Working Capital | 249.00M | 130.00M | 74.00M | 194.00M | -191.00M | -227.00M | -158.00M | -12.00M | -133.00M | 941.00M | -486.00M | -116.00M | -267.00M | 74.00M | -466.00M | 1,002.00M | -605.00M | -461.00M | 139.00M | 190.00M | -703.00M | -324.00M | -102.92M | -62.27M | 74.63M | -110.47M | -100.01M | -5.70M | 3.00M | -17.28M |
| (-) Capital Expenditure | -661.00M | -545.00M | -619.00M | -559.00M | -455.00M | -336.00M | -738.00M | -1,181.00M | -1,634.00M | -1,024.00M | -1,334.00M | -2,079.00M | -1,932.00M | -1,613.00M | -1,204.00M | -657.00M | -451.00M | -469.00M | -589.00M | -548.00M | -341.00M | -164.10M | -116.94M | -65.42M | -40.59M | -21.07M | -12.60M | -189.70M | -2.90M | -0.68M |
| Unlevered Free Cash Flow | 1,306.18M | 12,170.25M | 1,362.57M | 2,443.49M | 1,925.08M | 1,883.53M | 920.95M | 1,371.10M | 961.94M | -275.63M | 590.73M | -437.39M | 278.25M | 276.27M | 1,081.80M | 59.21M | 1,433.00M | 1,230.19M | 269.73M | 104.09M | 916.90M | 602.50M | 191.33M | 187.93M | 47.48M | 170.62M | 205.79M | -78.60M | 2.00M | 23.17M |
| (-) Net Interest Income After Taxes | -382.48M | -335.95M | -313.03M | -357.22M | -350.98M | -381.97M | -432.81M | -412.51M | -395.65M | -485.12M | -451.54M | -389.06M | -309.78M | -292.20M | -274.83M | -242.04M | -248.00M | -221.71M | -192.48M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Debt Issuance | 1,826.00M | 579.00M | 489.00M | -667.00M | -750.00M | -912.00M | 427.00M | 416.00M | -701.00M | -2,004.00M | -633.00M | 1,380.00M | 2,229.00M | 425.00M | 2,207.00M | -759.00M | 734.00M | 471.00M | 687.00M | -54.00M | 1,563.10M | 211.70M | 455.77M | 33.90M | 149.69M | 134.26M | -161.52M | 298.07M | 0.00M | 18.00M |
| Levered Free Cash Flow | 3,514.66M | 13,085.19M | 2,164.60M | 2,133.72M | 1,526.06M | 1,353.50M | 1,780.76M | 2,199.61M | 656.58M | -1,794.51M | 409.26M | 1,331.67M | 2,817.03M | 993.47M | 3,563.64M | -457.74M | 2,415.00M | 1,922.90M | 1,149.21M | 50.09M | 2,480.00M | 814.20M | 647.10M | 221.83M | 197.16M | 304.88M | 44.27M | 219.47M | 2.00M | 41.17M |