Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 10.3B | 9.6B | 8.8B | 8.1B | 8.4B |
| Operating Revenue | 10.2B | 9.5B | 8.7B | 8.0B | 8.3B |
| Cost Of Revenue | 3.0B | 2.8B | 2.6B | 2.4B | 2.4B |
| Gross Profit | 7.3B | 6.8B | 6.2B | 5.8B | 6.0B |
| Selling General And Administration | 3.4B | 3.3B | 2.9B | 2.6B | 2.6B |
| Research And Development | 629.0M | 616.0M | 604.0M | 529.0M | 473.0M |
| Depreciation And Amortization In Income Statement | 1.0B | 1.1B | 1.1B | 1.2B | 1.4B |
| Operating Expense | 5.1B | 5.0B | 4.6B | 4.4B | 4.5B |
| Operating Income | 2.2B | 1.9B | 1.6B | 1.4B | 1.6B |
| EBIT | 2.0B | 1.6B | 938.0M | 1.3B | 402.0M |
| Interest Expense | 1.6B | 1.4B | 1.3B | 1.5B | 1.4B |
| Interest Expense Non Operating | 1.6B | 1.4B | 1.3B | 1.5B | 1.4B |
| Interest Income | 48.0M | 33.0M | 26.0M | 14.0M | 7.0M |
| Interest Income Non Operating | 48.0M | 33.0M | 26.0M | 14.0M | 7.0M |
| Net Interest Income | -1.6B | -1.4B | -1.3B | -1.4B | -1.4B |
| Other Income Expense | -262.0M | -332.0M | -688.0M | -70.0M | -1.2B |
| Other Non Operating Income Expenses | -- | -- | -1.0M | -35.0M | -- |
| Special Income Charges | -210.0M | -285.0M | -635.0M | -27.0M | -1.2B |
| Restructuring And Mergern Acquisition | 50.0M | 51.0M | 145.0M | 63.0M | 61.0M |
| Write Off | -- | -- | 54.0M | 15.0M | 234.0M |
| Gain On Sale Of Security | -52.0M | -47.0M | -52.0M | -8.0M | 7.0M |
| Pretax Income | 367.0M | 167.0M | -390.0M | -129.0M | -1.0B |
| Tax Provision | 247.0M | 239.0M | 221.0M | 83.0M | -87.0M |
| Tax Effect Of Unusual Items | -39.3M | -49.8M | -274.8M | -9.2M | -99.7M |
| Net Income From Continuing And Discontinued Operation | 157.0M | -46.0M | -592.0M | -225.0M | -948.0M |
| Net Income From Continuing Operation Net Minority Interest | 157.0M | -46.0M | -592.0M | -225.0M | -948.0M |
| Net Income Including Noncontrolling Interests | 120.0M | -72.0M | -611.0M | -212.0M | -937.0M |
| Minority Interests | 37.0M | 26.0M | 19.0M | -13.0M | -11.0M |
| Net Income Common Stockholders | 157.0M | -46.0M | -592.0M | -225.0M | -948.0M |
| Net Income | 157.0M | -46.0M | -592.0M | -225.0M | -948.0M |
| EBITDA | 3.2B | 2.8B | 2.2B | 2.7B | 2.0B |
| Normalized EBITDA | 3.4B | 3.2B | 2.9B | 2.8B | 3.1B |
| Reconciled Depreciation | 1.2B | 1.3B | 1.3B | 1.4B | 1.6B |
| Basic EPS | -- | -0.13 | -1.62 | -0.62 | -2.64 |
| Diluted EPS | -- | -0.13 | -1.62 | -0.62 | -2.64 |
| Basic Average Shares | -- | 353.8M | 365.4M | 362.9M | 359.4M |
| Diluted Average Shares | -- | 353.8M | 365.4M | 362.9M | 359.4M |
| Total Unusual Items | -262.0M | -332.0M | -687.0M | -35.0M | -1.2B |
| Total Unusual Items Excluding Goodwill | -262.0M | -332.0M | -687.0M | -35.0M | -1.2B |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.26 | 0.08 |
| Normalized Income | 379.7M | 236.2M | -179.8M | -199.2M | 125.3M |
| Amortization | 1.0B | 1.1B | 1.1B | 1.2B | 1.4B |
| Amortization Of Intangibles Income Statement | 1.0B | 1.1B | 1.1B | 1.2B | 1.4B |
| Depreciation Amortization Depletion Income Statement | 1.0B | 1.1B | 1.1B | 1.2B | 1.4B |
| Diluted NI Availto Com Stockholders | 157.0M | -46.0M | -592.0M | -225.0M | -948.0M |
| Gain On Sale Of Ppe | 6.0M | 10.0M | 3.0M | 5.0M | 2.0M |
| Impairment Of Capital Assets | 153.0M | 29.0M | 547.0M | 839.0M | 469.0M |
| Net Income Continuous Operations | 120.0M | -72.0M | -611.0M | -212.0M | -937.0M |
| Net Non Operating Interest Income Expense | -1.6B | -1.4B | -1.3B | -1.4B | -1.4B |
| Other Special Charges | 13.0M | 215.0M | -54.0M | -875.0M | 418.0M |
| Reconciled Cost Of Revenue | 2.8B | 2.6B | 2.4B | 2.2B | 2.2B |
| Total Expenses | 8.1B | 7.8B | 7.2B | 6.7B | 6.9B |
| Total Operating Income As Reported | 1.8B | 1.5B | 963.0M | 454.0M | 450.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1.3B | 1.2B | 947.0M | 564.0M | 582.0M |
| Cash Cash Equivalents And Short Term Investments | 1.3B | 1.2B | 947.0M | 564.0M | 582.0M |
| Accounts Receivable | 2.4B | 2.1B | 2.0B | 1.8B | 1.8B |
| Receivables | 2.4B | 2.1B | 2.0B | 1.8B | 1.8B |
| Inventory | 1.6B | 1.6B | 1.5B | 1.1B | 993.0M |
| Prepaid Assets | -- | -- | -- | -- | 720.0M |
| Other Current Assets | 852.0M | 838.0M | 1.1B | 776.0M | 720.0M |
| Current Assets | 6.2B | 5.8B | 5.6B | 4.2B | 5.6B |
| Gross PPE | 4.5B | 3.9B | 3.8B | 3.5B | 3.4B |
| Accumulated Depreciation | -2.4B | -2.1B | -2.1B | -1.9B | -1.8B |
| Net PPE | 2.1B | 1.8B | 1.7B | 1.6B | 1.6B |
| Goodwill | 11.3B | 11.1B | 11.2B | 11.5B | 12.5B |
| Goodwill And Other Intangible Assets | 15.9B | 16.6B | 17.6B | 17.3B | 19.4B |
| Other Intangible Assets | 4.6B | 5.6B | 6.5B | 5.8B | 6.9B |
| Other Non Current Assets | 378.0M | 363.0M | 307.0M | 326.0M | 340.0M |
| Total Non Current Assets | 20.2B | 20.7B | 21.8B | 21.4B | 23.6B |
| Total Assets | 26.4B | 26.5B | 27.4B | 25.7B | 29.2B |
| Current Debt | 225.0M | 2.7B | 450.0M | 432.0M | -- |
| Current Debt And Capital Lease Obligation | 236.0M | 2.7B | 450.0M | 432.0M | -- |
| Accounts Payable | 600.0M | 589.0M | 719.0M | 521.0M | 407.0M |
| Payables | 638.0M | 652.0M | 766.0M | 551.0M | 505.0M |
| Payables And Accrued Expenses | 2.6B | 2.6B | 2.5B | 2.2B | 2.2B |
| Current Accrued Expenses | 1.9B | 2.0B | 1.7B | 1.6B | 1.7B |
| Other Current Liabilities | 999.0M | 1.1B | 1.0B | 1.0B | 2.6B |
| Current Liabilities | 4.2B | 6.8B | 4.3B | 3.9B | 5.2B |
| Long Term Debt | 20.6B | 18.9B | 21.9B | 20.3B | 22.7B |
| Long Term Debt And Capital Lease Obligation | 20.6B | 18.9B | 21.9B | 20.3B | 22.7B |
| Long Term Capital Lease Obligation | 23.0M | 0.00 | -- | -- | -- |
| Other Non Current Liabilities | 1.0B | 1.0B | 1.0B | 949.0M | 855.0M |
| Total Non Current Liabilities Net Minority Interest | 21.8B | 20.1B | 23.1B | 21.5B | 24.0B |
| Total Liabilities Net Minority Interest | 26.0B | 26.8B | 27.4B | 25.4B | 29.2B |
| Common Stock | 10.5B | 10.5B | 10.4B | 10.4B | 10.3B |
| Capital Stock | 10.5B | 10.5B | 10.4B | 10.4B | 10.3B |
| Additional Paid In Capital | 357.0M | 234.0M | 214.0M | 159.0M | 462.0M |
| Retained Earnings | -9.7B | -9.8B | -9.8B | -9.2B | -9.0B |
| Gains Losses Not Affecting Retained Earnings | -1.8B | -2.2B | -1.9B | -2.1B | -1.9B |
| Common Stock Equity | -554.0M | -1.3B | -1.0B | -692.0M | -106.0M |
| Stockholders Equity | -554.0M | -1.3B | -1.0B | -692.0M | -106.0M |
| Total Equity Gross Minority Interest | 377.0M | -322.0M | -82.0M | 260.0M | -34.0M |
| Minority Interest | 931.0M | 957.0M | 940.0M | 952.0M | 72.0M |
| Total Capitalization | 20.0B | 17.7B | 20.9B | 19.6B | 22.5B |
| Net Tangible Assets | -16.5B | -17.9B | -18.7B | -18.0B | -19.5B |
| Tangible Book Value | -16.5B | -17.9B | -18.7B | -18.0B | -19.5B |
| Working Capital | 2.0B | -978.0M | 1.3B | 306.0M | 409.0M |
| Invested Capital | 20.3B | 20.3B | 21.4B | 20.1B | 22.5B |
| Total Debt | 20.9B | 21.6B | 22.4B | 20.8B | 22.7B |
| Net Debt | 19.5B | 20.4B | 21.4B | 20.2B | 22.1B |
| Share Issued | 370.5M | 367.8M | 365.2M | 361.9M | 359.4M |
| Ordinary Shares Number | 370.5M | 367.8M | 365.2M | 361.9M | 359.4M |
| Allowance For Doubtful Accounts Receivable | -31.0M | -30.0M | -34.0M | -33.0M | -- |
| Buildings And Improvements | 962.0M | 817.0M | 823.0M | 798.0M | 675.0M |
| Capital Lease Obligations | 34.0M | 0.00 | -- | -- | -- |
| Construction In Progress | 569.0M | 508.0M | 401.0M | 280.0M | 576.0M |
| Current Capital Lease Obligation | 11.0M | 0.00 | -- | -- | -- |
| Finished Goods | 963.0M | 947.0M | 911.0M | 666.0M | 602.0M |
| Gross Accounts Receivable | 2.4B | 2.2B | 2.0B | 1.8B | -- |
| Income Tax Payable | 38.0M | 63.0M | 47.0M | 30.0M | 98.0M |
| Interest Payable | 253.0M | 217.0M | 236.0M | 208.0M | 328.0M |
| Land And Improvements | 73.0M | 69.0M | 74.0M | 71.0M | 74.0M |
| Leases | 396.0M | 362.0M | 355.0M | 342.0M | 342.0M |
| Machinery Furniture Equipment | 2.4B | 2.1B | 2.1B | 2.0B | 1.7B |
| Non Current Deferred Assets | 1.8B | 2.0B | 2.1B | 2.2B | 2.3B |
| Non Current Deferred Liabilities | 147.0M | 128.0M | 163.0M | 202.0M | 529.0M |
| Non Current Deferred Taxes Assets | 1.8B | 2.0B | 2.1B | 2.2B | 2.3B |
| Non Current Deferred Taxes Liabilities | 147.0M | 128.0M | 163.0M | 202.0M | 529.0M |
| Other Current Borrowings | 225.0M | 2.7B | -- | -- | -- |
| Other Properties | 112.0M | 97.0M | 84.0M | 78.0M | 73.0M |
| Pensionand Other Post Retirement Benefit Plans Current | 385.0M | 348.0M | 360.0M | 300.0M | 336.0M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 564.0M | 540.0M | 509.0M | 326.0M | 279.0M |
| Restricted Cash | 16.0M | 20.0M | 15.0M | 27.0M | 1.5B |
| Total Tax Payable | 38.0M | 63.0M | 47.0M | 30.0M | 98.0M |
| Treasury Shares Number | -- | -- | 0.00 | -- | -- |
| Work In Process | 102.0M | 108.0M | 124.0M | 98.0M | 112.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 1.4B | 1.6B | 1.0B | -728.0M | 1.4B |
| Cash Flow From Continuing Operating Activities | 1.4B | 1.6B | 1.0B | -728.0M | 1.4B |
| Depreciation And Amortization | 1.2B | 1.3B | 1.3B | 1.4B | 1.6B |
| Depreciation Amortization Depletion | 1.2B | 1.3B | 1.3B | 1.4B | 1.6B |
| Stock Based Compensation | 216.0M | 150.0M | 132.0M | 126.0M | 128.0M |
| Deferred Tax | 80.0M | 66.0M | 51.0M | -176.0M | -225.0M |
| Deferred Income Tax | 80.0M | 66.0M | 51.0M | -176.0M | -225.0M |
| Change In Working Capital | -219.0M | 7.0M | -582.0M | -396.0M | -128.0M |
| Changes In Account Receivables | -134.0M | -216.0M | -195.0M | -57.0M | -229.0M |
| Change In Receivables | -134.0M | -216.0M | -195.0M | -57.0M | -229.0M |
| Change In Inventory | -12.0M | -267.0M | -322.0M | -198.0M | -16.0M |
| Change In Payables And Accrued Expense | -76.0M | 357.0M | 158.0M | -75.0M | 121.0M |
| Change In Payable | -76.0M | 357.0M | 158.0M | -75.0M | 121.0M |
| Other Non Cash Items | -40.0M | 131.0M | 151.0M | -1.5B | 268.0M |
| Capital Expenditure | -407.0M | -340.0M | -272.0M | -268.0M | -283.0M |
| Purchase Of PPE | -397.0M | -337.0M | -215.0M | -218.0M | -269.0M |
| Net PPE Purchase And Sale | -397.0M | -337.0M | -215.0M | -218.0M | -269.0M |
| Purchase Of Business | -204.0M | -136.0M | -1.9B | -45.0M | 0.00 |
| Purchase Of Investment | -11.0M | -12.0M | -27.0M | -17.0M | -19.0M |
| Sale Of Investment | 8.0M | 14.0M | 26.0M | 22.0M | 15.0M |
| Net Investment Purchase And Sale | -3.0M | 2.0M | -1.0M | 5.0M | -4.0M |
| Investing Cash Flow | -595.0M | -454.0M | -2.1B | -303.0M | 409.0M |
| Cash Flow From Continuing Investing Activities | -595.0M | -454.0M | -2.1B | -303.0M | 409.0M |
| Issuance Of Debt | 10.6B | 661.0M | 3.3B | 6.8B | 2.1B |
| Repayment Of Debt | -11.2B | -1.5B | -1.7B | -7.8B | -3.4B |
| Net Issuance Payments Of Debt | -637.0M | -799.0M | 1.6B | -1.0B | -1.3B |
| Issuance Of Capital Stock | -- | 0.00 | 0.00 | 675.0M | 0.00 |
| Net Common Stock Issuance | -- | 0.00 | 0.00 | 675.0M | 0.00 |
| Financing Cash Flow | -742.0M | -868.0M | 1.5B | -474.0M | -1.5B |
| Cash Flow From Continuing Financing Activities | -742.0M | -868.0M | 1.5B | -474.0M | -1.5B |
| Effect Of Exchange Rate Changes | 61.0M | -36.0M | 9.0M | -23.0M | -19.0M |
| Changes In Cash | 63.0M | 275.0M | 362.0M | -1.5B | 322.0M |
| Beginning Cash Position | 1.2B | 962.0M | 591.0M | 2.1B | 1.8B |
| End Cash Position | 1.3B | 1.2B | 962.0M | 591.0M | 2.1B |
| Free Cash Flow | 993.0M | 1.3B | 760.0M | -996.0M | 1.1B |
| Income Tax Paid Supplemental Data | 163.0M | 61.0M | 237.0M | 266.0M | -- |
| Interest Paid Supplemental Data | 1.8B | 1.7B | 1.5B | 1.5B | -- |
| Amortization Cash Flow | 1.2B | 1.3B | 1.3B | 1.4B | 1.6B |
| Amortization Of Intangibles | 1.2B | 1.3B | 1.3B | 1.4B | 1.6B |
| Asset Impairment Charge | 153.0M | 29.0M | 547.0M | 839.0M | 703.0M |
| Change In Account Payable | -76.0M | 357.0M | 158.0M | -75.0M | 121.0M |
| Change In Prepaid Assets | 3.0M | 133.0M | -223.0M | -66.0M | -4.0M |
| Common Stock Issuance | -- | 0.00 | 0.00 | 675.0M | 0.00 |
| Gain Loss On Investment Securities | -10.0M | -13.0M | -13.0M | -6.0M | -20.0M |
| Interest Received Cfi | 12.0M | 13.0M | 13.0M | 0.00 | 27.0M |
| Long Term Debt Issuance | 10.6B | 661.0M | 3.3B | 6.8B | 2.1B |
| Long Term Debt Payments | -11.2B | -1.5B | -1.7B | -7.8B | -3.4B |
| Net Business Purchase And Sale | -204.0M | -136.0M | -1.9B | -45.0M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -11.0M | 3.0M | 41.0M | 3.0M | -35.0M |
| Net Income From Continuing Operations | 120.0M | -72.0M | -611.0M | -212.0M | -937.0M |
| Net Intangibles Purchase And Sale | -10.0M | -3.0M | -57.0M | -50.0M | -14.0M |
| Net Long Term Debt Issuance | -637.0M | -799.0M | 1.6B | -1.0B | -1.3B |
| Net Other Financing Charges | -105.0M | -69.0M | -106.0M | -139.0M | -173.0M |
| Net Other Investing Changes | 7.0M | 7.0M | 5.0M | 5.0M | 669.0M |
| Net Short Term Debt Issuance | -- | -- | -- | -- | 0.00 |
| Operating Gains Losses | -189.0M | -43.0M | 24.0M | -883.0M | 5.0M |
| Provisionand Write Offof Assets | 71.0M | 62.0M | 56.0M | 51.0M | 60.0M |
| Purchase Of Intangibles | -10.0M | -3.0M | -57.0M | -50.0M | -14.0M |
| Short Term Debt Issuance | -- | -- | -- | -- | 0.00 |
| Short Term Debt Payments | -- | -- | -- | -- | 0.00 |