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 | 52.8B | 57.7B | 55.5B | 71.8B | 48.8B |
| Operating Revenue | 52.8B | 57.7B | 55.5B | 71.8B | 48.8B |
| Cost Of Revenue | 40.9B | 45.0B | 42.8B | 54.6B | 39.7B |
| Gross Profit | 11.8B | 12.8B | 12.7B | 17.1B | 9.1B |
| Selling General And Administration | 812.0M | 794.0M | 688.0M | 865.0M | 849.0M |
| General And Administrative Expense | 812.0M | 794.0M | 688.0M | 865.0M | 849.0M |
| Other Operating Expenses | 6.4B | 6.9B | 6.4B | 5.9B | 4.7B |
| Operating Expense | 7.2B | 7.7B | 7.1B | 6.8B | 5.6B |
| Operating Income | 4.6B | 5.1B | 5.6B | 10.4B | 3.5B |
| EBIT | 5.1B | 4.7B | 5.8B | 9.5B | 2.4B |
| Interest Expense | 661.0M | 649.0M | 723.0M | 812.0M | 1.0B |
| Interest Expense Non Operating | 661.0M | 649.0M | 723.0M | 812.0M | 1.0B |
| Interest Income | 132.0M | 170.0M | 217.0M | 110.0M | 23.0M |
| Interest Income Non Operating | 132.0M | 170.0M | 217.0M | 110.0M | 23.0M |
| Net Interest Income | -569.0M | -514.0M | -538.0M | -739.0M | -1.1B |
| Other Income Expense | 419.0M | -476.0M | -44.0M | -882.0M | -1.1B |
| Other Non Operating Income Expenses | 115.0M | 55.0M | 63.0M | 532.0M | 309.0M |
| Special Income Charges | -147.0M | -77.0M | -164.0M | 550.0M | -695.0M |
| Restructuring And Mergern Acquisition | 234.0M | 196.0M | 144.0M | 268.0M | 924.0M |
| Gain On Sale Of Security | 398.0M | -520.0M | 6.0M | -2.0B | -821.0M |
| Earnings From Equity Interest | 53.0M | 66.0M | 51.0M | 15.0M | 57.0M |
| Pretax Income | 4.5B | 4.1B | 5.0B | 8.7B | 1.3B |
| Tax Provision | 547.0M | 929.0M | 931.0M | 2.3B | 728.0M |
| Tax Effect Of Unusual Items | 30.6M | -136.1M | -29.2M | -373.0M | -401.7M |
| Net Income From Continuing And Discontinued Operation | 3.9B | 3.1B | 4.1B | 6.5B | 587.0M |
| Net Income From Continuing Operation Net Minority Interest | 3.9B | 3.1B | 4.1B | 6.5B | 587.0M |
| Net Income Including Noncontrolling Interests | 3.9B | 3.1B | 4.1B | 6.5B | 587.0M |
| Net Income Common Stockholders | 3.9B | 3.1B | 4.1B | 6.4B | 553.0M |
| Net Income | 3.9B | 3.1B | 4.1B | 6.5B | 587.0M |
| EBITDA | 10.3B | 9.6B | 10.4B | 14.2B | 6.7B |
| Normalized EBITDA | 10.1B | 10.2B | 10.6B | 15.7B | 8.2B |
| Reconciled Depreciation | 5.2B | 4.9B | 4.6B | 4.7B | 4.3B |
| Basic EPS | -- | 1.68 | 2.15 | 3.29 | 0.27 |
| Diluted EPS | -- | 1.67 | 2.12 | 3.20 | 0.27 |
| Basic Average Shares | -- | 1.9B | 1.9B | 2.0B | 2.0B |
| Diluted Average Shares | -- | 1.9B | 1.9B | 2.0B | 2.0B |
| Total Unusual Items | 251.0M | -597.0M | -158.0M | -1.4B | -1.5B |
| Total Unusual Items Excluding Goodwill | 251.0M | -597.0M | -158.0M | -1.4B | -1.5B |
| Tax Rate For Calcs | 0.12 | 0.23 | 0.18 | 0.26 | 0.27 |
| Normalized Income | 3.7B | 3.6B | 4.2B | 7.5B | 1.7B |
| Diluted NI Availto Com Stockholders | 3.9B | 3.1B | 4.1B | 6.4B | 553.0M |
| Gain On Sale Of Ppe | 87.0M | 119.0M | -20.0M | 818.0M | 229.0M |
| Net Income Continuous Operations | 3.9B | 3.1B | 4.1B | 6.5B | 587.0M |
| Net Income Discontinuous Operations | -- | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | -569.0M | -514.0M | -538.0M | -739.0M | -1.1B |
| Other Gand A | 339.0M | 399.0M | 342.0M | 297.0M | 225.0M |
| Preferred Stock Dividends | 14.0M | 36.0M | 36.0M | 35.0M | 34.0M |
| Reconciled Cost Of Revenue | 40.9B | 45.0B | 42.8B | 54.6B | 39.7B |
| Salaries And Wages | 473.0M | 395.0M | 346.0M | 568.0M | 624.0M |
| Total Expenses | 48.1B | 52.7B | 49.9B | 61.4B | 45.3B |
| Total Other Finance Cost | 40.0M | 35.0M | 32.0M | 37.0M | 34.0M |
| 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 | 2.7B | 3.1B | 2.2B | 4.5B | 2.9B |
| Cash Cash Equivalents And Short Term Investments | 2.7B | 3.1B | 2.2B | 4.5B | 2.9B |
| Cash Equivalents | 777.0M | 370.0M | 118.0M | 1.3B | 507.0M |
| Cash Financial | 2.0B | 2.7B | 2.1B | 3.2B | 2.4B |
| Accounts Receivable | 3.0B | 2.4B | 2.7B | 3.0B | 2.5B |
| Receivables | 3.5B | 2.7B | 3.2B | 3.2B | 3.4B |
| Inventory | 3.3B | 4.5B | 4.0B | 4.3B | 3.9B |
| Prepaid Assets | 260.0M | 187.0M | 242.0M | 402.0M | 486.0M |
| Current Assets | 9.9B | 10.4B | 9.7B | 12.4B | 12.0B |
| Gross PPE | 79.0B | 72.4B | 65.9B | 61.1B | 54.3B |
| Accumulated Depreciation | -31.1B | -31.4B | -26.2B | -22.1B | -17.3B |
| Net PPE | 48.0B | 41.0B | 39.7B | 39.0B | 37.0B |
| Goodwill | 2.9B | 2.9B | 2.9B | 2.9B | 3.5B |
| Goodwill And Other Intangible Assets | 2.9B | 2.9B | 2.9B | 2.9B | 3.6B |
| Other Intangible Assets | 23.0M | 11.0M | -- | 19.0M | 78.0M |
| Investments And Advances | 552.0M | 679.0M | 558.0M | 482.0M | 501.0M |
| Long Term Equity Investment | 488.0M | 618.0M | 497.0M | 420.0M | 441.0M |
| Other Investments | 64.0M | 61.0M | 61.0M | 62.0M | 60.0M |
| Other Non Current Assets | 310.0M | 333.0M | 287.0M | 295.0M | 272.0M |
| Total Non Current Assets | 53.5B | 46.1B | 44.2B | 43.4B | 42.1B |
| Total Assets | 63.4B | 56.5B | 53.9B | 55.9B | 54.1B |
| Current Debt | -- | 365.0M | 179.0M | 115.0M | 79.0M |
| Current Debt And Capital Lease Obligation | 369.0M | 724.0M | 478.0M | 423.0M | 351.0M |
| Accounts Payable | 5.5B | 5.9B | 1.1B | 2.3B | 2.6B |
| Payables | 5.7B | 6.4B | 1.2B | 3.6B | 3.1B |
| Payables And Accrued Expenses | 5.8B | 6.5B | 5.3B | 7.1B | 6.1B |
| Current Accrued Expenses | 90.0M | 82.0M | 4.0B | 3.5B | 2.9B |
| Other Current Liabilities | -- | -- | 164.0M | 302.0M | 538.0M |
| Current Liabilities | 6.3B | 7.4B | 6.2B | 8.0B | 7.3B |
| Long Term Debt | 11.0B | 7.3B | 7.1B | 8.7B | 12.4B |
| Long Term Debt And Capital Lease Obligation | 13.8B | 9.9B | 9.5B | 11.2B | 15.1B |
| Long Term Capital Lease Obligation | 2.8B | 2.6B | 2.4B | 2.5B | 2.7B |
| Other Non Current Liabilities | 377.0M | 434.0M | 554.0M | 377.0M | 112.0M |
| Total Non Current Liabilities Net Minority Interest | 25.5B | 19.4B | 19.0B | 20.3B | 23.2B |
| Total Liabilities Net Minority Interest | 31.8B | 26.8B | 25.2B | 28.3B | 30.5B |
| Common Stock | 18.6B | 15.7B | 16.0B | 16.3B | 17.0B |
| Capital Stock | 18.7B | 16.0B | 16.6B | 16.8B | 17.5B |
| Additional Paid In Capital | 298.0M | 944.0M | 2.0B | 2.7B | 4.3B |
| Retained Earnings | 12.3B | 10.5B | 8.9B | 6.4B | 878.0M |
| Treasury Stock | 116.0M | 43.0M | 0.00 | -- | -- |
| Gains Losses Not Affecting Retained Earnings | 401.0M | 2.3B | 1.2B | 1.5B | 684.0M |
| Other Equity Adjustments | 401.0M | 2.3B | 1.2B | 1.5B | 684.0M |
| Common Stock Equity | 31.5B | 29.4B | 28.2B | 27.1B | 23.1B |
| Stockholders Equity | 31.6B | 29.8B | 28.7B | 27.6B | 23.6B |
| Total Equity Gross Minority Interest | 31.6B | 29.8B | 28.7B | 27.6B | 23.6B |
| Minority Interest | 16.0M | 15.0M | 14.0M | 13.0M | 12.0M |
| Total Capitalization | 42.7B | 37.1B | 35.8B | 36.3B | 36.0B |
| Net Tangible Assets | 28.7B | 26.8B | 25.8B | 24.6B | 20.0B |
| Tangible Book Value | 28.6B | 26.5B | 25.3B | 24.1B | 19.5B |
| Working Capital | 3.6B | 3.1B | 3.5B | 4.4B | 4.7B |
| Invested Capital | 42.5B | 37.1B | 35.5B | 35.9B | 35.5B |
| Total Debt | 14.2B | 10.6B | 9.9B | 11.6B | 15.4B |
| Net Debt | 8.3B | 4.6B | 5.1B | 4.3B | 9.6B |
| Share Issued | 1.9B | 1.8B | 1.9B | 1.9B | 2.0B |
| Ordinary Shares Number | 1.9B | 1.8B | 1.9B | 1.9B | 2.0B |
| Assets Held For Sale Current | -- | -- | -- | 0.00 | 1.3B |
| Capital Lease Obligations | 3.2B | 2.9B | 2.7B | 2.8B | 3.0B |
| Current Capital Lease Obligation | 369.0M | 359.0M | 299.0M | 308.0M | 272.0M |
| Current Provisions | 26.0M | 11.0M | 18.0M | 25.0M | 31.0M |
| Duefrom Related Parties Current | 36.0M | 40.0M | 49.0M | 51.0M | 596.0M |
| Dueto Related Parties Current | -- | -- | -- | 0.00 | 371.0M |
| Employee Benefits | 429.0M | 365.0M | 376.0M | 446.0M | 362.0M |
| Finished Goods | 2.9B | 4.0B | 3.6B | 4.0B | 3.7B |
| Income Tax Payable | 98.0M | 396.0M | 88.0M | 1.2B | 179.0M |
| Interest Payable | 80.0M | 72.0M | 69.0M | 80.0M | 128.0M |
| Investment Properties | -- | -- | -- | -- | 500.0M |
| Investments In Other Ventures Under Equity Method | 193.0M | 219.0M | 131.0M | 55.0M | 130.0M |
| Investmentsin Associatesat Cost | -- | -- | -- | -- | 311.0M |
| Investmentsin Joint Venturesat Cost | 295.0M | 399.0M | 366.0M | 365.0M | 311.0M |
| Leases | 611.0M | 592.0M | 588.0M | 599.0M | 592.0M |
| Line Of Credit | 0.00 | 173.0M | 179.0M | 115.0M | 79.0M |
| Long Term Provisions | 5.0B | 4.7B | 4.4B | 3.9B | 4.3B |
| Machinery Furniture Equipment | -- | -- | -- | 1.8B | 1.8B |
| Non Current Accounts Receivable | 155.0M | 93.0M | 75.0M | 145.0M | 143.0M |
| Non Current Deferred Assets | 1.6B | 1.1B | 696.0M | 546.0M | 694.0M |
| Non Current Deferred Liabilities | 5.9B | 4.0B | 4.2B | 4.3B | 3.3B |
| Non Current Deferred Revenue | -- | -- | 0.00 | 45.0M | 41.0M |
| Non Current Deferred Taxes Assets | 1.6B | 1.1B | 696.0M | 546.0M | 694.0M |
| Non Current Deferred Taxes Liabilities | 5.9B | 4.0B | 4.2B | 4.3B | 3.3B |
| Non Current Pension And Other Postretirement Benefit Plans | 260.0M | 269.0M | 276.0M | 201.0M | 288.0M |
| Other Current Borrowings | -- | 192.0M | -- | -- | -- |
| Other Equity Interest | 4.0M | 12.0M | 25.0M | 184.0M | 215.0M |
| Other Payable | 66.0M | 110.0M | 75.0M | 66.0M | 28.0M |
| Other Properties | 4.7B | 4.5B | 3.9B | 3.7B | 14.3B |
| Other Receivables | 93.0M | 9.0M | 22.0M | 58.0M | 240.0M |
| Pensionand Other Post Retirement Benefit Plans Current | 163.0M | 132.0M | 284.0M | 162.0M | 317.0M |
| Preferred Shares Number | 12.0M | 26.0M | 36.0M | 36.0M | 36.0M |
| Preferred Stock | 113.0M | 356.0M | 519.0M | 519.0M | 519.0M |
| Preferred Stock Equity | 113.0M | 356.0M | 519.0M | 519.0M | 519.0M |
| Raw Materials | 472.0M | 545.0M | 426.0M | 303.0M | 268.0M |
| Taxes Receivable | 366.0M | 231.0M | 416.0M | 121.0M | 22.0M |
| Total Tax Payable | 98.0M | 396.0M | 88.0M | 1.2B | 179.0M |
| Treasury Shares Number | 10.6M | 2.0M | 0.00 | -- | -- |
| 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 | 8.2B | 9.2B | 7.4B | 11.4B | 5.9B |
| Cash Flow From Continuing Operating Activities | 8.2B | 9.2B | 7.4B | 11.4B | 5.9B |
| Depreciation And Amortization | -- | -- | 4.6B | 4.4B | 4.3B |
| Depreciation Amortization Depletion | 5.2B | 4.9B | 4.6B | 4.7B | 4.3B |
| Stock Based Compensation | 163.0M | -145.0M | -12.0M | -- | -- |
| Deferred Tax | -231.0M | -474.0M | -250.0M | 642.0M | 452.0M |
| Deferred Income Tax | -231.0M | -474.0M | -250.0M | 642.0M | 452.0M |
| Change In Working Capital | -363.0M | 1.3B | -1.2B | 575.0M | -1.2B |
| Changes In Account Receivables | -575.0M | 547.0M | -- | -- | -- |
| Change In Receivables | -699.0M | 746.0M | -- | -- | -- |
| Change In Inventory | 716.0M | -117.0M | -- | -- | -- |
| Change In Payables And Accrued Expense | -616.0M | 621.0M | -- | -- | -- |
| Change In Payable | -616.0M | 621.0M | -- | -- | -- |
| Change In Other Working Capital | 236.0M | 55.0M | -- | -- | -1.2B |
| Other Non Cash Items | -42.0M | -13.0M | 32.0M | -1.1B | 524.0M |
| Capital Expenditure | -4.9B | -5.0B | -4.3B | -3.8B | -2.6B |
| Purchase Of PPE | -- | -- | 0.00 | -50.0M | 0.00 |
| Net PPE Purchase And Sale | -- | -- | 0.00 | -50.0M | 0.00 |
| Purchase Of Business | -4.4B | -22.0M | -515.0M | -397.0M | -- |
| Sale Of Business | 1.9B | 46.0M | 12.0M | 1.5B | 1.2B |
| Net Investment Purchase And Sale | -7.0M | -80.0M | -125.0M | -211.0M | 17.0M |
| Investing Cash Flow | -7.7B | -5.1B | -5.3B | -2.3B | -942.0M |
| Cash Flow From Continuing Investing Activities | -7.7B | -5.1B | -5.3B | -2.3B | -942.0M |
| Issuance Of Debt | 5.3B | 0.00 | -- | 0.00 | 1.6B |
| Repayment Of Debt | -2.7B | -299.0M | -1.6B | -4.5B | -3.5B |
| Net Issuance Payments Of Debt | 2.7B | -294.0M | -1.6B | -4.4B | -2.0B |
| Repurchase Of Capital Stock | -2.5B | -1.7B | -1.1B | -2.5B | -265.0M |
| Net Common Stock Issuance | -2.1B | -1.5B | -1.1B | -2.5B | -265.0M |
| Common Stock Dividend Paid | -- | -1.5B | -990.0M | -901.0M | -176.0M |
| Common Stock Payments | -2.1B | -1.5B | -1.1B | -2.5B | -265.0M |
| Financing Cash Flow | -749.0M | -3.5B | -4.3B | -7.7B | -2.5B |
| Cash Flow From Continuing Financing Activities | -749.0M | -3.5B | -4.3B | -7.7B | -2.5B |
| Effect Of Exchange Rate Changes | -155.0M | 262.0M | -77.0M | 238.0M | 25.0M |
| Changes In Cash | -198.0M | 604.0M | -2.2B | 1.4B | 2.5B |
| Beginning Cash Position | 3.1B | 2.2B | 4.5B | 2.9B | 378.0M |
| End Cash Position | 2.7B | 3.1B | 2.2B | 4.5B | 2.9B |
| Free Cash Flow | 3.3B | 4.2B | 3.1B | 7.6B | 3.4B |
| Income Tax Paid Supplemental Data | -- | 868.0M | 2.6B | 723.0M | 209.0M |
| Interest Paid Supplemental Data | -- | 356.0M | 402.0M | 647.0M | 811.0M |
| Asset Impairment Charge | -- | -- | 20.0M | 315.0M | 1.5B |
| Capital Expenditure Reported | -4.9B | -5.0B | -4.3B | -3.7B | -2.6B |
| Cash Dividends Paid | -1.4B | -1.6B | -1.0B | -927.0M | -210.0M |
| Change In Account Payable | -318.0M | 299.0M | -- | -- | -- |
| Change In Income Tax Payable | -298.0M | 322.0M | -- | -- | -- |
| Change In Tax Payable | -298.0M | 322.0M | -- | -- | -- |
| Depreciation | -- | -- | 4.6B | 4.4B | 4.3B |
| Dividend Received Cfo | 135.0M | 172.0M | 149.0M | 65.0M | 137.0M |
| Earnings Losses From Equity Investments | -53.0M | -66.0M | -51.0M | -15.0M | -57.0M |
| Gain Loss On Investment Securities | -15.0M | 12.0M | 52.0M | -126.0M | 2.0M |
| Long Term Debt Issuance | 5.3B | 0.00 | -- | 0.00 | 1.6B |
| Long Term Debt Payments | -2.7B | -299.0M | -1.6B | -4.5B | -3.5B |
| Net Business Purchase And Sale | -2.5B | 24.0M | -503.0M | 1.1B | 1.2B |
| Net Foreign Currency Exchange Gain Loss | -401.0M | 550.0M | -112.0M | 511.0M | -141.0M |
| Net Income From Continuing Operations | 3.9B | 3.1B | 4.1B | 6.5B | 587.0M |
| Net Long Term Debt Issuance | 2.6B | -299.0M | -1.6B | -4.5B | -2.0B |
| Net Other Financing Charges | 413.0M | -- | -3.0M | -2.0M | 8.0M |
| Net Other Investing Changes | -236.0M | -55.0M | -369.0M | 538.0M | 434.0M |
| Net Preferred Stock Issuance | -350.0M | -250.0M | 0.00 | -- | -- |
| Net Short Term Debt Issuance | 152.0M | 5.0M | 58.0M | 34.0M | -77.0M |
| Operating Gains Losses | -556.0M | 377.0M | -91.0M | 101.0M | -425.0M |
| Preferred Stock Dividend Paid | -- | -45.0M | -36.0M | -26.0M | -34.0M |
| Preferred Stock Payments | -350.0M | -250.0M | 0.00 | -- | -- |
| Proceeds From Stock Option Exercised | 32.0M | 78.0M | -647.0M | 200.0M | 8.0M |