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 | 8.8B | 7.2B | 7.6B | 7.6B | 5.8B |
| Operating Revenue | 8.8B | 7.2B | 7.6B | 7.6B | 5.8B |
| Cost Of Revenue | 4.9B | 4.3B | 4.3B | 4.6B | 3.6B |
| Gross Profit | 3.8B | 2.9B | 3.3B | 3.0B | 2.2B |
| Selling General And Administration | -- | -- | -35.0M | -24.0M | -- |
| General And Administrative Expense | -- | -- | -35.0M | -24.0M | -- |
| Depreciation And Amortization In Income Statement | 1.3B | 1.2B | 1.0B | 952.0M | 902.0M |
| Operating Expense | 1.8B | 1.6B | 1.5B | 1.3B | 1.2B |
| Operating Income | 2.0B | 1.3B | 1.8B | 1.7B | 930.0M |
| EBIT | 2.2B | 1.4B | 2.1B | 1.9B | 1.2B |
| Interest Expense | 1.0B | 981.0M | 938.0M | 709.0M | 611.0M |
| Interest Expense Non Operating | 1.0B | 981.0M | 938.0M | 709.0M | 611.0M |
| Interest Income | 37.0M | 31.0M | 56.0M | 25.0M | -- |
| Interest Income Non Operating | 37.0M | 31.0M | 56.0M | 25.0M | -- |
| Net Interest Income | -995.0M | -950.0M | -882.0M | -684.0M | -611.0M |
| Other Income Expense | 116.0M | 54.0M | 261.0M | 176.0M | 236.0M |
| Other Non Operating Income Expenses | 39.0M | 57.0M | 57.0M | 31.0M | 32.0M |
| Special Income Charges | -11.0M | -44.0M | 38.0M | 42.0M | 61.0M |
| Write Off | 0.00 | 29.0M | 0.00 | 73.0M | 0.00 |
| Gain On Sale Of Security | 25.0M | -58.0M | 20.0M | -26.0M | -- |
| Earnings From Equity Interest | 63.0M | 99.0M | 146.0M | 129.0M | 143.0M |
| Pretax Income | 1.2B | 409.0M | 1.2B | 1.2B | 555.0M |
| Tax Provision | 81.0M | -159.0M | 128.0M | 185.0M | -6.0M |
| Tax Effect Of Unusual Items | 980,000 | -15.3M | 6.4M | 2.5M | 16.2M |
| Net Income From Continuing And Discontinued Operation | 1.1B | 567.0M | 1.0B | 1.0B | 560.0M |
| Net Income From Continuing Operation Net Minority Interest | 1.1B | 567.0M | 1.0B | 1.0B | 560.0M |
| Net Income Including Noncontrolling Interests | 1.1B | 568.0M | 1.0B | 1.0B | 561.0M |
| Minority Interests | -1.0M | -1.0M | -1.0M | -1.0M | -1.0M |
| Net Income Common Stockholders | 1.0B | 494.0M | 978.0M | 945.0M | 510.0M |
| Net Income | 1.1B | 567.0M | 1.0B | 1.0B | 560.0M |
| EBITDA | 3.5B | 2.6B | 3.2B | 2.9B | 2.1B |
| Normalized EBITDA | 3.5B | 2.7B | 3.1B | 2.8B | 2.0B |
| Reconciled Depreciation | 1.3B | 1.2B | 1.1B | 959.0M | 915.0M |
| Basic EPS | 3.39 | 1.71 | 3.57 | 3.56 | 1.98 |
| Diluted EPS | 3.38 | 1.71 | 3.57 | 3.55 | 1.98 |
| Basic Average Shares | 299.2M | 289.1M | 274.0M | 266.0M | 257.0M |
| Diluted Average Shares | 299.7M | 289.2M | 274.0M | 266.0M | 258.0M |
| Total Unusual Items | 14.0M | -102.0M | 58.0M | 16.0M | 61.0M |
| Total Unusual Items Excluding Goodwill | 14.0M | -102.0M | 58.0M | 16.0M | 61.0M |
| Tax Rate For Calcs | 0.07 | 0.15 | 0.11 | 0.15 | 0.27 |
| Normalized Income | 1.1B | 653.7M | 992.4M | 994.5M | 515.2M |
| Depreciation Amortization Depletion Income Statement | 1.3B | 1.2B | 1.0B | 952.0M | 902.0M |
| Diluted NI Availto Com Stockholders | 1.0B | 494.0M | 978.0M | 945.0M | 510.0M |
| Gain On Sale Of Business | 2.0M | 157.0M | 0.00 | -- | 0.00 |
| Impairment Of Capital Assets | 75.0M | 225.0M | 0.00 | 73.0M | 0.00 |
| Net Income Continuous Operations | 1.1B | 568.0M | 1.0B | 1.0B | 561.0M |
| Net Non Operating Interest Income Expense | -995.0M | -950.0M | -882.0M | -684.0M | -611.0M |
| Other Special Charges | -62.0M | -53.0M | -38.0M | -115.0M | -61.0M |
| Other Taxes | 486.0M | 427.0M | 433.0M | 367.0M | 330.0M |
| Preferred Stock Dividends | 75.0M | 73.0M | 66.0M | 63.0M | 50.0M |
| Reconciled Cost Of Revenue | 4.9B | 4.3B | 4.3B | 4.6B | 3.6B |
| Salaries And Wages | -- | -- | -35.0M | -24.0M | -- |
| Total Expenses | 6.7B | 5.9B | 5.8B | 5.9B | 4.8B |
| Total Operating Income As Reported | 2.0B | 1.1B | 1.8B | 1.6B | 930.0M |
| Total Other Finance Cost | 14.0M | -- | -- | -- | -- |
| 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 | -- | 196.0M | 567.0M | 310.0M | 394.0M |
| Cash Cash Equivalents And Short Term Investments | -- | 196.0M | 567.0M | 310.0M | 394.0M |
| Accounts Receivable | -- | 834.0M | 805.0M | 1.1B | 767.0M |
| Receivables | -- | 1.2B | 1.2B | 1.7B | 1.1B |
| Inventory | -- | 781.0M | 790.0M | 769.0M | 538.0M |
| Prepaid Assets | -- | 105.0M | 105.0M | 82.0M | 65.0M |
| Other Current Assets | -- | 917.0M | 787.0M | 1.7B | 849.0M |
| Current Assets | -- | 3.7B | 3.7B | 4.9B | 3.1B |
| Gross PPE | -- | 36.6B | 34.4B | 32.6B | 29.1B |
| Accumulated Depreciation | -- | -10.4B | -10.0B | -9.6B | -8.7B |
| Net PPE | -- | 26.2B | 24.4B | 23.0B | 20.4B |
| Goodwill | -- | 5.9B | 5.9B | 6.0B | 5.7B |
| Goodwill And Other Intangible Assets | -- | 5.9B | 5.9B | 6.0B | 5.7B |
| Investments And Advances | -- | 654.0M | 1.4B | 1.4B | 1.4B |
| Long Term Equity Investment | -- | 654.0M | 1.4B | 1.4B | 1.4B |
| Other Non Current Assets | -- | 2.7B | 462.0M | 461.0M | 501.0M |
| Total Non Current Assets | -- | 39.3B | 35.8B | 34.8B | 31.1B |
| Total Assets | -- | 43.0B | 39.5B | 39.7B | 34.2B |
| Current Debt | -- | 1.6B | 2.1B | 3.3B | 2.2B |
| Current Debt And Capital Lease Obligation | -- | 1.6B | 2.1B | 3.3B | 2.2B |
| Accounts Payable | -- | 2.0B | 1.5B | 2.0B | 1.5B |
| Payables | -- | 2.0B | 1.5B | 2.0B | 1.5B |
| Payables And Accrued Expenses | -- | 2.3B | 1.7B | 2.3B | 1.7B |
| Current Accrued Expenses | -- | 295.0M | 279.0M | 271.0M | 232.0M |
| Other Current Liabilities | -- | 1.2B | 666.0M | 1.5B | 918.0M |
| Current Liabilities | -- | 5.1B | 4.5B | 7.3B | 4.9B |
| Long Term Debt | -- | 18.2B | 17.7B | 15.7B | 14.2B |
| Long Term Debt And Capital Lease Obligation | -- | 18.2B | 17.7B | 15.7B | 14.2B |
| Other Non Current Liabilities | -- | 910.0M | 820.0M | 825.0M | 868.0M |
| Total Non Current Liabilities Net Minority Interest | -- | 24.5B | 22.8B | 21.0B | 19.2B |
| Total Liabilities Net Minority Interest | -- | 29.7B | 27.4B | 28.3B | 24.1B |
| Common Stock | -- | 9.0B | 8.5B | 7.8B | 7.2B |
| Capital Stock | -- | 10.5B | 9.9B | 9.2B | 8.7B |
| Additional Paid In Capital | -- | 84.0M | 82.0M | 81.0M | 79.0M |
| Retained Earnings | -- | 1.5B | 1.8B | 1.6B | 1.3B |
| Gains Losses Not Affecting Retained Earnings | -- | 1.3B | 305.0M | 578.0M | 25.0M |
| Other Equity Adjustments | -- | 1.3B | 305.0M | 578.0M | 25.0M |
| Common Stock Equity | -- | 11.9B | 10.7B | 10.0B | 8.7B |
| Stockholders Equity | -- | 13.3B | 12.1B | 11.4B | 10.1B |
| Total Equity Gross Minority Interest | -- | 13.3B | 12.1B | 11.4B | 10.2B |
| Minority Interest | -- | 14.0M | 14.0M | 14.0M | 34.0M |
| Total Capitalization | -- | 31.4B | 29.8B | 27.2B | 24.3B |
| Net Tangible Assets | -- | 7.4B | 6.2B | 5.4B | 4.4B |
| Tangible Book Value | -- | 6.0B | 4.8B | 4.0B | 3.0B |
| Working Capital | -- | -1.4B | -836.0M | -2.4B | -1.7B |
| Invested Capital | -- | 31.7B | 30.4B | 29.0B | 25.1B |
| Total Debt | -- | 19.8B | 19.8B | 19.0B | 16.4B |
| Net Debt | -- | 19.6B | 19.2B | 18.7B | 16.0B |
| Share Issued | -- | 295.9M | 284.1M | 269.9M | 261.1M |
| Ordinary Shares Number | -- | 295.9M | 284.1M | 269.9M | 261.1M |
| Assets Held For Sale Current | -- | 173.0M | 0.00 | -- | -- |
| Construction In Progress | -- | 3.0B | 2.1B | 2.0B | 2.2B |
| Current Provisions | -- | -- | -- | 172.0M | -- |
| Derivative Product Liabilities | -- | 91.0M | 118.0M | 190.0M | 149.0M |
| Employee Benefits | -- | 274.0M | 265.0M | 281.0M | 370.0M |
| Financial Assets | -- | 51.0M | 66.0M | 100.0M | 106.0M |
| Hedging Assets Current | -- | 115.0M | 174.0M | 296.0M | 195.0M |
| Income Tax Payable | -- | 4.0M | 2.0M | 9.0M | 6.0M |
| Interest Payable | -- | 106.0M | 107.0M | 97.0M | 75.0M |
| Liabilities Heldfor Sale Non Current | -- | 1.1B | 0.00 | -- | -- |
| Line Of Credit | -- | 1.4B | 1.4B | 2.7B | 1.7B |
| Non Current Accounts Receivable | -- | 610.0M | 621.0M | 604.0M | 462.0M |
| Non Current Deferred Assets | -- | 392.0M | 208.0M | 237.0M | 295.0M |
| Non Current Deferred Liabilities | -- | 2.3B | 2.4B | 2.2B | 1.9B |
| Non Current Deferred Taxes Assets | -- | 392.0M | 208.0M | 237.0M | 295.0M |
| Non Current Deferred Taxes Liabilities | -- | 2.3B | 2.4B | 2.2B | 1.9B |
| Non Current Pension And Other Postretirement Benefit Plans | -- | 274.0M | 265.0M | 281.0M | 370.0M |
| Other Current Borrowings | -- | 234.0M | 676.0M | 574.0M | 462.0M |
| Other Receivables | -- | -- | -- | 162.0M | -- |
| Pensionand Other Post Retirement Benefit Plans Current | -- | 26.0M | 23.0M | 33.0M | 27.0M |
| Preferred Shares Number | -- | 53.1M | 58.0M | 58.0M | 58.0M |
| Preferred Stock | -- | 1.4B | 1.4B | 1.4B | 1.4B |
| Preferred Stock Equity | -- | 1.4B | 1.4B | 1.4B | 1.4B |
| Receivables Adjustments Allowances | -- | -12.0M | -15.0M | -17.0M | -21.0M |
| Restricted Cash | -- | 215.0M | 122.0M | 22.0M | 23.0M |
| Taxes Receivable | -- | 22.0M | 10.0M | 9.0M | 8.0M |
| Total Tax Payable | -- | 15.0M | 13.0M | 23.0M | 12.0M |
| 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 | -- | 2.6B | 2.2B | 913.0M | 1.2B |
| Cash Flow From Continuing Operating Activities | -- | 2.6B | 2.2B | 913.0M | 1.2B |
| Depreciation And Amortization | -- | 1.2B | 1.1B | 959.0M | 915.0M |
| Depreciation Amortization Depletion | -- | 1.2B | 1.1B | 959.0M | 915.0M |
| Deferred Tax | -- | -191.0M | 97.0M | 152.0M | -37.0M |
| Deferred Income Tax | -- | -191.0M | 97.0M | 152.0M | -37.0M |
| Change In Working Capital | -- | 452.0M | -95.0M | -234.0M | -152.0M |
| Change In Receivables | -- | -154.0M | 653.0M | -636.0M | -364.0M |
| Change In Inventory | -- | 38.0M | -31.0M | -214.0M | -84.0M |
| Change In Payables And Accrued Expense | -- | 536.0M | -538.0M | 423.0M | 289.0M |
| Change In Payable | -- | 536.0M | -538.0M | 423.0M | 289.0M |
| Change In Other Current Liabilities | -- | 32.0M | -179.0M | 193.0M | 7.0M |
| Other Non Cash Items | -- | 455.0M | 890.0M | -1.1B | -414.0M |
| Capital Expenditure | -- | -3.2B | -2.9B | -2.6B | -2.4B |
| Purchase Of PPE | -- | -3.2B | -2.9B | -2.6B | -2.4B |
| Net PPE Purchase And Sale | -- | -3.2B | -2.9B | -2.6B | -2.4B |
| Sale Of Business | -- | 927.0M | 0.00 | -- | 3.0M |
| Investing Cash Flow | -- | -2.2B | -2.9B | -2.6B | -2.3B |
| Cash Flow From Continuing Investing Activities | -- | -2.2B | -2.9B | -2.6B | -2.3B |
| Issuance Of Debt | -- | 1.4B | 2.5B | 2.9B | 3.3B |
| Repayment Of Debt | -- | -1.9B | -1.4B | -1.0B | -2.2B |
| Net Issuance Payments Of Debt | -- | -494.0M | 1.1B | 1.8B | 1.1B |
| Issuance Of Capital Stock | -- | 284.0M | 424.0M | 277.0M | 733.0M |
| Net Common Stock Issuance | -- | 284.0M | 424.0M | 277.0M | 317.0M |
| Common Stock Dividend Paid | -- | -538.0M | -488.0M | -472.0M | -443.0M |
| Financing Cash Flow | -- | -818.0M | 939.0M | 1.6B | 1.3B |
| Cash Flow From Continuing Financing Activities | -- | -818.0M | 939.0M | 1.6B | 1.3B |
| Effect Of Exchange Rate Changes | -- | 23.0M | -7.0M | 16.0M | -1.0M |
| Changes In Cash | -- | -390.0M | 263.0M | -101.0M | 164.0M |
| Beginning Cash Position | -- | 588.0M | 332.0M | 417.0M | 254.0M |
| End Cash Position | -- | 221.0M | 588.0M | 332.0M | 417.0M |
| Free Cash Flow | -- | -505.0M | -696.0M | -1.7B | -1.2B |
| Income Tax Paid Supplemental Data | -- | 34.0M | 43.0M | 67.0M | 24.0M |
| Interest Paid Supplemental Data | -- | 989.0M | 930.0M | 699.0M | 603.0M |
| Asset Impairment Charge | -- | 214.0M | 0.00 | 73.0M | 0.00 |
| Cash Dividends Paid | -- | -611.0M | -554.0M | -535.0M | -493.0M |
| Change In Account Payable | -- | 536.0M | -538.0M | 423.0M | 289.0M |
| Common Stock Issuance | -- | 284.0M | 424.0M | 277.0M | 317.0M |
| Earnings Losses From Equity Investments | -- | -8.0M | -22.0M | -61.0M | -69.0M |
| Gain Loss On Investment Securities | -- | 228.0M | -666.0M | 206.0M | 404.0M |
| Gain Loss On Sale Of Business | -- | -- | -- | -- | 0.00 |
| Long Term Debt Issuance | -- | 1.4B | 1.9B | 784.0M | 2.6B |
| Long Term Debt Payments | -- | -1.1B | -151.0M | -367.0M | -1.7B |
| Net Business Purchase And Sale | -- | 927.0M | 0.00 | -- | 3.0M |
| Net Foreign Currency Exchange Gain Loss | -- | -191.0M | 0.00 | -- | -- |
| Net Income From Continuing Operations | -- | 568.0M | 1.0B | 1.0B | 561.0M |
| Net Long Term Debt Issuance | -- | 275.0M | 1.8B | 417.0M | 894.0M |
| Net Other Financing Charges | -- | 3.0M | -12.0M | -7.0M | -13.0M |
| Net Other Investing Changes | -- | 6.0M | 20.0M | 27.0M | 27.0M |
| Net Preferred Stock Issuance | -- | -- | -- | 0.00 | 416.0M |
| Net Short Term Debt Issuance | -- | -769.0M | -700.0M | 1.4B | 190.0M |
| Operating Gains Losses | -- | -17.0M | -756.0M | 97.0M | 312.0M |
| Pension And Employee Benefit Expense | -- | -46.0M | -68.0M | -48.0M | -23.0M |
| Preferred Stock Dividend Paid | -- | -73.0M | -66.0M | -63.0M | -50.0M |
| Preferred Stock Issuance | -- | -- | -- | 0.00 | 416.0M |
| Short Term Debt Issuance | -- | 56.0M | 548.0M | 2.1B | 722.0M |
| Short Term Debt Payments | -- | -825.0M | -1.2B | -680.0M | -532.0M |