Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 5.8B | -- | 5.6B | 5.2B | 5.4B |
| Operating Revenue | 5.3B | -- | 5.3B | 4.6B | 5.0B |
| Cost Of Revenue | 4.3B | -- | 4.2B | 4.2B | 4.6B |
| Gross Profit | 1.4B | -- | 1.4B | 956.0M | 814.0M |
| Selling General And Administration | 217.0M | -- | 502.0M | 457.0M | 422.0M |
| General And Administrative Expense | -44.0M | -- | 227.0M | 192.0M | 162.0M |
| Other Operating Expenses | 908.0M | -- | 529.0M | 607.0M | 646.0M |
| Operating Expense | 1.1B | -- | 1.0B | 1.1B | 1.1B |
| Operating Income | 324.0M | -- | 418.0M | -108.0M | -254.0M |
| EBIT | 476.0M | -- | 258.0M | -2.0M | -545.0M |
| Interest Expense | 134.0M | -- | 155.0M | 165.0M | 176.0M |
| Interest Expense Non Operating | 134.0M | -- | 155.0M | 165.0M | 176.0M |
| Interest Income | 48.0M | -- | 59.0M | 75.0M | 95.0M |
| Interest Income Non Operating | 48.0M | -- | 59.0M | 75.0M | 95.0M |
| Net Interest Income | -86.0M | -- | -96.0M | -90.0M | -81.0M |
| Other Income Expense | 104.0M | -- | -219.0M | 31.0M | -386.0M |
| Other Non Operating Income Expenses | -5.0M | -- | -35.0M | -12.0M | -14.0M |
| Special Income Charges | 0.00 | -- | 0.00 | 0.00 | 38.0M |
| Gain On Sale Of Security | 109.0M | -- | -184.0M | 43.0M | -410.0M |
| Pretax Income | 342.0M | -- | 103.0M | -167.0M | -721.0M |
| Tax Provision | 46.0M | -- | -83.0M | -65.0M | -77.0M |
| Tax Effect Of Unusual Items | 14.7M | -- | -27.6M | 16.7M | -39.7M |
| Net Income From Continuing And Discontinued Operation | 296.0M | -- | 186.0M | -102.0M | -644.0M |
| Net Income From Continuing Operation Net Minority Interest | 296.0M | -- | 186.0M | -102.0M | -644.0M |
| Net Income Including Noncontrolling Interests | 296.0M | -- | 186.0M | -102.0M | -644.0M |
| Net Income Common Stockholders | 296.0M | -- | 186.0M | -102.0M | -644.0M |
| Net Income | 296.0M | -- | 186.0M | -102.0M | -644.0M |
| EBITDA | 998.0M | -- | 749.0M | 493.0M | -85.0M |
| Normalized EBITDA | 889.0M | -- | 933.0M | 450.0M | 287.0M |
| Reconciled Depreciation | 522.0M | -- | 491.0M | 495.0M | 460.0M |
| Basic EPS | -- | -- | 0.58 | -0.31 | -- |
| Diluted EPS | -- | -- | 0.51 | -0.40 | -- |
| Basic Average Shares | -- | -- | 323.0M | 330.0M | -- |
| Diluted Average Shares | -- | -- | 341.0M | 348.0M | -- |
| Total Unusual Items | 109.0M | -- | -184.0M | 43.0M | -372.0M |
| Total Unusual Items Excluding Goodwill | 109.0M | -- | -184.0M | 43.0M | -372.0M |
| Tax Rate For Calcs | 0.13 | -- | 0.15 | 0.39 | 0.11 |
| Normalized Income | 201.7M | -- | 342.4M | -128.3M | -311.7M |
| Average Dilution Earnings | 3.0M | -- | -13.0M | -36.0M | 68.0M |
| Diluted NI Availto Com Stockholders | 299.0M | -- | 173.0M | -138.0M | -576.0M |
| Net Income Continuous Operations | 296.0M | -- | 186.0M | -102.0M | -644.0M |
| Net Non Operating Interest Income Expense | -86.0M | -- | -96.0M | -90.0M | -81.0M |
| Other Gand A | 192.0M | -- | 151.0M | 192.0M | 162.0M |
| Other Special Charges | -- | -- | -- | -- | -38.0M |
| Reconciled Cost Of Revenue | 4.3B | -- | 4.2B | 4.2B | 4.6B |
| Rent And Landing Fees | -- | -- | 76.0M | -- | -- |
| Rent Expense Supplemental | -- | -- | 76.0M | -- | -- |
| Selling And Marketing Expense | 261.0M | -- | 275.0M | 265.0M | 260.0M |
| Total Expenses | 5.4B | -- | 5.2B | 5.3B | 5.7B |
| Total Operating Income As Reported | 324.0M | -- | 418.0M | -108.0M | -254.0M |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 2.8B | -- | 3.2B | 3.4B | 2.5B |
| Cash Cash Equivalents And Short Term Investments | 5.5B | -- | 6.2B | 7.1B | 7.0B |
| Other Short Term Investments | 2.7B | -- | 3.0B | 3.7B | 4.5B |
| Accounts Receivable | 1.3B | -- | 1.2B | 1.1B | 1.1B |
| Receivables | 1.3B | -- | 1.2B | 1.1B | 1.1B |
| Inventory | 490.0M | -- | 385.0M | 371.0M | 391.0M |
| Other Current Assets | 609.0M | -- | 375.0M | 451.0M | 600.0M |
| Current Assets | 7.9B | -- | 8.3B | 9.0B | 9.1B |
| Gross PPE | 28.8B | -- | -- | -- | 26.1B |
| Accumulated Depreciation | -14.2B | -- | -- | -- | -13.1B |
| Net PPE | 14.5B | -- | 13.8B | 13.5B | 13.0B |
| Goodwill | 3.3B | -- | 3.3B | 3.3B | 3.3B |
| Goodwill And Other Intangible Assets | 4.5B | -- | 4.5B | 4.5B | 4.4B |
| Other Intangible Assets | 1.3B | -- | 1.2B | 1.2B | 1.2B |
| Investments And Advances | 715.0M | -- | 50.0M | 1.3B | 87.0M |
| Long Term Equity Investment | 48.0M | -- | 50.0M | -- | 49.0M |
| Other Investments | 27.0M | -- | -- | -- | 38.0M |
| Other Non Current Assets | 117.0M | -- | 913.0M | -- | 874.0M |
| Total Non Current Assets | 23.3B | -- | 22.9B | 22.9B | 22.1B |
| Total Assets | 31.2B | -- | 31.1B | 32.0B | 31.2B |
| Current Debt | 2.4B | -- | 1.1B | 1.4B | 1.2B |
| Current Debt And Capital Lease Obligation | 3.0B | -- | 1.5B | 2.0B | 1.8B |
| Payables And Accrued Expenses | 4.5B | -- | 4.5B | 3.9B | 3.7B |
| Current Deferred Revenue | 6.7B | -- | 7.1B | 7.0B | 6.0B |
| Current Liabilities | 14.1B | -- | 13.1B | 12.9B | 11.4B |
| Long Term Debt | 6.1B | 8.7B | 8.3B | 8.7B | 8.5B |
| Long Term Debt And Capital Lease Obligation | 8.6B | -- | 10.2B | 10.7B | 10.9B |
| Long Term Capital Lease Obligation | 2.5B | -- | 1.9B | 2.0B | 2.4B |
| Other Non Current Liabilities | 154.0M | -- | 147.0M | 134.0M | 159.0M |
| Total Non Current Liabilities Net Minority Interest | 14.5B | -- | 16.2B | 17.0B | 17.4B |
| Total Liabilities Net Minority Interest | 28.6B | -- | 29.4B | 30.0B | 28.8B |
| Common Stock | 2.3B | -- | 2.3B | 2.5B | 2.6B |
| Capital Stock | 2.3B | -- | 2.3B | 2.5B | 2.6B |
| Additional Paid In Capital | 166.0M | -- | 160.0M | 156.0M | 149.0M |
| Retained Earnings | 202.0M | -- | -627.0M | -603.0M | -325.0M |
| Gains Losses Not Affecting Retained Earnings | -52.0M | -- | -31.0M | -54.0M | -48.0M |
| Other Equity Adjustments | -52.0M | -- | -31.0M | -54.0M | -48.0M |
| Common Stock Equity | 2.6B | -- | 1.8B | 2.0B | 2.4B |
| Stockholders Equity | 2.6B | -- | 1.8B | 2.0B | 2.4B |
| Total Equity Gross Minority Interest | 2.6B | -- | 1.8B | 2.0B | 2.4B |
| Total Capitalization | 8.7B | 10.9B | 10.1B | 10.7B | 10.9B |
| Net Tangible Assets | -1.9B | -- | -2.7B | -2.5B | -2.1B |
| Tangible Book Value | -1.9B | -- | -2.7B | -2.5B | -2.1B |
| Working Capital | -6.2B | -- | -4.9B | -3.9B | -2.4B |
| Invested Capital | 11.2B | 13.4B | 11.2B | 12.2B | 12.0B |
| Total Debt | 11.6B | -- | 11.8B | 12.7B | 12.7B |
| Net Debt | 5.8B | 7.6B | 6.2B | 6.8B | 7.1B |
| Share Issued | 294.5M | -- | 296.1M | 322.7M | 339.8M |
| Ordinary Shares Number | 294.5M | -- | 296.1M | 322.7M | 339.8M |
| Buildings And Improvements | 1.3B | -- | -- | -- | 1.2B |
| Capital Lease Obligations | 3.0B | 545.0M | 2.4B | 2.5B | 3.0B |
| Construction In Progress | 1.9B | -- | -- | -- | 1.4B |
| Current Capital Lease Obligation | 538.0M | -- | 481.0M | 566.0M | 592.0M |
| Current Deferred Liabilities | 6.7B | -- | 7.1B | 7.0B | 6.0B |
| Defined Pension Benefit | 2.5B | -- | 2.4B | 2.6B | 2.5B |
| Employee Benefits | 1.5B | -- | 1.6B | 1.9B | 1.8B |
| Financial Assets | -- | -- | 22.0M | -- | -- |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 640.0M | -- | -- | -- | -- |
| Investmentin Financial Assets | 640.0M | -- | -- | -- | -- |
| Investments In Other Ventures Under Equity Method | -- | -- | 50.0M | -- | -- |
| Investmentsin Subsidiariesat Cost | 48.0M | -- | -- | -- | 49.0M |
| Land And Improvements | 1.6B | -- | -- | -- | 1.4B |
| Long Term Provisions | 1.3B | -- | 1.2B | 1.3B | 1.4B |
| Non Current Deferred Assets | 774.0M | -- | 1.1B | 1.1B | 1.0B |
| Non Current Deferred Liabilities | 2.9B | -- | 2.9B | 3.0B | 3.0B |
| Non Current Deferred Revenue | 2.8B | -- | 2.9B | 2.9B | 3.0B |
| Non Current Deferred Taxes Assets | 774.0M | -- | 1.1B | 1.1B | 1.0B |
| Non Current Deferred Taxes Liabilities | 73.0M | -- | 73.0M | 73.0M | 73.0M |
| Non Current Pension And Other Postretirement Benefit Plans | 1.5B | -- | 1.6B | 1.9B | 1.8B |
| Non Current Prepaid Assets | 127.0M | -- | -- | -- | 119.0M |
| Other Current Borrowings | 2.4B | -- | 1.1B | 1.4B | 1.2B |
| Restricted Cash | -- | -- | 168.0M | -- | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 423.0M | -- | 895.0M | 1.5B | 677.0M |
| Cash Flow From Continuing Operating Activities | 423.0M | -- | 895.0M | 1.5B | 677.0M |
| Depreciation And Amortization | 522.0M | -- | 491.0M | 495.0M | 460.0M |
| Depreciation Amortization Depletion | 522.0M | -- | 491.0M | 495.0M | 460.0M |
| Deferred Tax | 28.0M | -- | -69.0M | -78.0M | -83.0M |
| Deferred Income Tax | 28.0M | -- | -69.0M | -78.0M | -83.0M |
| Change In Working Capital | -379.0M | -- | 14.0M | 1.2B | -75.0M |
| Other Non Cash Items | 54.0M | -- | 33.0M | -37.0M | 67.0M |
| Capital Expenditure | -901.0M | -- | -712.0M | -695.0M | -1.2B |
| Purchase Of PPE | -901.0M | -- | -712.0M | -695.0M | -1.2B |
| Net PPE Purchase And Sale | -901.0M | -- | -712.0M | -695.0M | -1.2B |
| Purchase Of Investment | -483.0M | -- | -26.0M | -310.0M | -483.0M |
| Sale Of Investment | 143.0M | -- | 978.0M | 848.0M | 804.0M |
| Net Investment Purchase And Sale | -340.0M | -- | 952.0M | 538.0M | 321.0M |
| Investing Cash Flow | -1.2B | -- | 241.0M | -137.0M | -845.0M |
| Cash Flow From Continuing Investing Activities | -1.2B | -- | 241.0M | -137.0M | -845.0M |
| Issuance Of Debt | 0.00 | -- | 0.00 | 0.00 | 0.00 |
| Repayment Of Debt | -274.0M | -- | -647.0M | -234.0M | -240.0M |
| Net Issuance Payments Of Debt | -274.0M | -- | -647.0M | -234.0M | -240.0M |
| Issuance Of Capital Stock | 1.0M | -- | -- | -- | 1.0M |
| Repurchase Of Capital Stock | -32.0M | -- | -500.0M | -327.0M | -- |
| Net Common Stock Issuance | -31.0M | -- | -500.0M | -327.0M | -472.0M |
| Common Stock Payments | -32.0M | -- | -500.0M | -327.0M | -- |
| Financing Cash Flow | -305.0M | -- | -1.1B | -561.0M | -715.0M |
| Cash Flow From Continuing Financing Activities | -305.0M | -- | -1.1B | -561.0M | -715.0M |
| Effect Of Exchange Rate Changes | -4.0M | -- | -14.0M | 15.0M | 8.0M |
| Changes In Cash | -1.1B | -- | -11.0M | 828.0M | -883.0M |
| Beginning Cash Position | 3.9B | -- | 3.4B | 2.5B | 3.4B |
| End Cash Position | 2.8B | -- | 3.3B | 3.4B | 2.5B |
| Free Cash Flow | -478.0M | -- | 183.0M | 831.0M | -495.0M |
| Income Tax Paid Supplemental Data | -- | -- | 13.0M | 46.0M | -- |
| Interest Paid Supplemental Data | -- | -- | 104.0M | 200.0M | -- |
| Common Stock Issuance | 1.0M | -- | -- | -- | 1.0M |
| Depreciation | 384.0M | -- | -- | 495.0M | -- |
| Gain Loss On Investment Securities | -6.0M | -- | -6.0M | -54.0M | 38.0M |
| Long Term Debt Issuance | 0.00 | -- | 0.00 | 0.00 | 0.00 |
| Long Term Debt Payments | -274.0M | -- | -647.0M | -234.0M | -240.0M |
| Net Foreign Currency Exchange Gain Loss | -101.0M | -- | 170.0M | 46.0M | 416.0M |
| Net Income From Continuing Operations | 296.0M | -- | 186.0M | -102.0M | -644.0M |
| Net Long Term Debt Issuance | -274.0M | -- | -647.0M | -234.0M | -240.0M |
| Net Other Financing Charges | -- | -- | -- | -- | -3.0M |
| Net Other Investing Changes | 32.0M | -- | 1.0M | 20.0M | 6.0M |
| Operating Gains Losses | -80.0M | -- | 199.0M | 19.0M | 928.0M |
| Pension And Employee Benefit Expense | 27.0M | -- | 35.0M | 27.0M | 512.0M |
| Provisionand Write Offof Assets | -18.0M | -- | 41.0M | 62.0M | 24.0M |