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 | 3.1B | 2.9B | 2.8B | 3.3B | 2.9B |
| Operating Revenue | 2.8B | 2.9B | 2.8B | 3.3B | 2.7B |
| Cost Of Revenue | 858.0M | 759.0M | 714.0M | 1.0B | 790.0M |
| Gross Profit | 2.2B | 2.2B | 2.1B | 2.3B | 2.2B |
| Depreciation And Amortization In Income Statement | 512.0M | 518.0M | 512.0M | 515.0M | 500.0M |
| Other Operating Expenses | 841.0M | 790.0M | 789.0M | 830.0M | 795.0M |
| Operating Expense | 1.4B | 1.3B | 1.3B | 1.3B | 1.3B |
| Operating Income | 868.0M | 871.0M | 800.0M | 953.0M | 864.0M |
| EBIT | 934.0M | 949.0M | 905.0M | 1.0B | 912.0M |
| Interest Expense | 369.0M | 370.0M | 369.0M | 370.0M | 368.0M |
| Interest Expense Non Operating | 369.0M | 370.0M | 369.0M | 370.0M | 368.0M |
| Interest Income | 12.0M | 9.0M | 10.0M | 12.0M | 15.0M |
| Interest Income Non Operating | 12.0M | 9.0M | 10.0M | 12.0M | 15.0M |
| Net Interest Income | -357.0M | -361.0M | -359.0M | -358.0M | -353.0M |
| Other Income Expense | 54.0M | 69.0M | 95.0M | 79.0M | 33.0M |
| Other Non Operating Income Expenses | 61.0M | 59.0M | 75.0M | 60.0M | 155.0M |
| Special Income Charges | -- | -- | -- | -- | -99.0M |
| Gain On Sale Of Security | 20.0M | 7.0M | 20.0M | 13.0M | -32.0M |
| Earnings From Equity Interest | 5.0M | 3.0M | -- | 6.0M | 9.0M |
| Pretax Income | 565.0M | 579.0M | 536.0M | 674.0M | 544.0M |
| Tax Provision | 80.0M | 105.0M | 92.0M | 116.0M | 93.0M |
| Tax Effect Of Unusual Items | -1.7M | 1.3M | 3.4M | 2.2M | -22.4M |
| Net Income From Continuing And Discontinued Operation | 444.0M | 431.0M | 404.0M | 520.0M | 415.0M |
| Net Income From Continuing Operation Net Minority Interest | 444.0M | 431.0M | 404.0M | 520.0M | 415.0M |
| Net Income Including Noncontrolling Interests | 485.0M | 474.0M | 444.0M | 558.0M | 451.0M |
| Minority Interests | -41.0M | -43.0M | -40.0M | -38.0M | -36.0M |
| Net Income Common Stockholders | 422.0M | 409.0M | 384.0M | 499.0M | 396.0M |
| Net Income | 444.0M | 431.0M | 404.0M | 520.0M | 415.0M |
| EBITDA | 1.4B | 1.5B | 1.4B | 1.6B | 1.4B |
| Normalized EBITDA | 1.5B | 1.5B | 1.4B | 1.5B | 1.5B |
| Reconciled Depreciation | 512.0M | 518.0M | 512.0M | 515.0M | 500.0M |
| Basic EPS | -- | -- | 0.76 | 1.00 | -- |
| Diluted EPS | -- | -- | 0.76 | 1.00 | -- |
| Basic Average Shares | -- | -- | 502.6M | 500.3M | -- |
| Diluted Average Shares | -- | -- | 502.9M | 500.6M | -- |
| Total Unusual Items | -12.0M | 7.0M | 20.0M | 13.0M | -131.0M |
| Total Unusual Items Excluding Goodwill | -12.0M | 7.0M | 20.0M | 13.0M | -131.0M |
| Tax Rate For Calcs | 0.14 | 0.18 | 0.17 | 0.17 | 0.17 |
| Normalized Income | 454.3M | 425.3M | 387.4M | 509.2M | 523.6M |
| Average Dilution Earnings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation Amortization Depletion Income Statement | 512.0M | 518.0M | 512.0M | 515.0M | 500.0M |
| Diluted NI Availto Com Stockholders | 422.0M | 409.0M | 384.0M | 499.0M | 396.0M |
| Net Income Continuous Operations | 485.0M | 474.0M | 444.0M | 558.0M | 451.0M |
| Net Non Operating Interest Income Expense | -357.0M | -361.0M | -359.0M | -358.0M | -353.0M |
| Other Special Charges | -- | -- | -- | -- | -- |
| Preferred Stock Dividends | 22.0M | 22.0M | 20.0M | 21.0M | 19.0M |
| Reconciled Cost Of Revenue | 858.0M | 759.0M | 714.0M | 1.0B | 790.0M |
| Total Expenses | 2.2B | 2.1B | 2.0B | 2.4B | 2.1B |
| Total Operating Income As Reported | 868.0M | 871.0M | 800.0M | 953.0M | 864.0M |
| 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 | 367.0M | 389.0M | 221.0M | 510.0M | 220.0M |
| Cash Cash Equivalents And Short Term Investments | 367.0M | 389.0M | 221.0M | 510.0M | 220.0M |
| Accounts Receivable | 813.0M | 1.6B | 1.7B | 1.9B | 1.0B |
| Receivables | 1.5B | 1.6B | 1.7B | 1.9B | 1.7B |
| Inventory | 649.0M | 655.0M | 679.0M | 680.0M | 685.0M |
| Prepaid Assets | 179.0M | 238.0M | 195.0M | 177.0M | 182.0M |
| Other Current Assets | 1.1B | 752.0M | 757.0M | 837.0M | 1.0B |
| Current Assets | 3.8B | 3.7B | 3.6B | 4.1B | 3.8B |
| Gross PPE | 67.7B | -- | -- | -- | 66.1B |
| Accumulated Depreciation | -16.8B | -- | -- | -- | -16.6B |
| Net PPE | 50.9B | 50.6B | 49.5B | 50.2B | 49.5B |
| Goodwill | 12.5B | 12.7B | 12.5B | 13.1B | 13.1B |
| Goodwill And Other Intangible Assets | 14.2B | 14.4B | 14.1B | 14.8B | 14.8B |
| Other Intangible Assets | 1.7B | 1.7B | 1.6B | 1.7B | 1.7B |
| Investments And Advances | 461.0M | -- | -- | -- | 484.0M |
| Long Term Equity Investment | 215.0M | -- | -- | -- | 259.0M |
| Other Investments | 246.0M | -- | -- | -- | 225.0M |
| Other Non Current Assets | 349.0M | 1.8B | 1.7B | 1.7B | 350.0M |
| Total Non Current Assets | 71.0B | 70.8B | 69.2B | 70.6B | 69.7B |
| Total Assets | 74.8B | 74.5B | 72.8B | 74.7B | 73.5B |
| Current Debt | 3.6B | 2.0B | 2.7B | 1.5B | 2.1B |
| Current Debt And Capital Lease Obligation | 3.6B | 2.0B | 2.7B | 1.5B | 2.1B |
| Accounts Payable | 1.1B | 3.0B | 2.9B | 3.4B | 1.1B |
| Payables | 2.3B | 3.0B | 2.9B | 3.4B | 2.3B |
| Payables And Accrued Expenses | 2.6B | 3.0B | 2.9B | 3.4B | 2.6B |
| Current Accrued Expenses | 319.0M | -- | -- | -- | 305.0M |
| Current Deferred Revenue | 516.0M | -- | -- | -- | 360.0M |
| Other Current Liabilities | 788.0M | 537.0M | 502.0M | 554.0M | 991.0M |
| Current Liabilities | 7.5B | 5.5B | 6.2B | 5.4B | 6.0B |
| Long Term Debt | 30.7B | 32.1B | 30.7B | 32.6B | 31.2B |
| Long Term Debt And Capital Lease Obligation | 31.1B | 32.4B | 31.1B | 32.9B | 31.6B |
| Long Term Capital Lease Obligation | 392.0M | 349.0M | 341.0M | 351.0M | 390.0M |
| Other Non Current Liabilities | 58.0M | 1.3B | 1.3B | 1.3B | 61.0M |
| Total Non Current Liabilities Net Minority Interest | 41.4B | 42.7B | 41.0B | 43.1B | 41.6B |
| Total Liabilities Net Minority Interest | 49.0B | 48.2B | 47.2B | 48.5B | 47.6B |
| Common Stock | 16.1B | 16.0B | 15.9B | 15.7B | 15.6B |
| Capital Stock | 17.7B | 17.6B | 17.5B | 17.4B | 17.2B |
| Additional Paid In Capital | 5.0M | 4.0M | 6.0M | 6.0M | 8.0M |
| Retained Earnings | 5.0B | 5.2B | 5.1B | 4.7B | 4.5B |
| Gains Losses Not Affecting Retained Earnings | 1.1B | 1.4B | 1.0B | 2.1B | 2.1B |
| Other Equity Adjustments | 1.1B | 1.4B | 1.0B | 2.1B | 2.1B |
| Common Stock Equity | 22.2B | 22.6B | 22.0B | 22.5B | 22.2B |
| Stockholders Equity | 23.8B | 24.2B | 23.6B | 24.1B | 23.8B |
| Total Equity Gross Minority Interest | 25.9B | 26.3B | 25.6B | 26.2B | 25.9B |
| Minority Interest | 2.1B | 2.1B | 2.0B | 2.1B | 2.0B |
| Total Capitalization | 54.5B | 56.3B | 54.3B | 56.7B | 55.0B |
| Net Tangible Assets | 9.6B | 9.8B | 9.5B | 9.3B | 9.0B |
| Tangible Book Value | 7.9B | 8.2B | 7.9B | 7.7B | 7.4B |
| Working Capital | -3.7B | -1.9B | -2.6B | -1.3B | -2.2B |
| Invested Capital | 56.5B | 56.6B | 55.5B | 56.6B | 55.5B |
| Total Debt | 34.7B | 34.4B | 33.8B | 34.4B | 33.7B |
| Net Debt | 33.9B | 33.7B | 33.2B | 33.5B | 33.1B |
| Share Issued | 507.3M | 505.4M | 503.6M | 501.6M | 499.3M |
| Ordinary Shares Number | 507.3M | 505.4M | 503.6M | 501.6M | 499.3M |
| Allowance For Doubtful Accounts Receivable | -- | -80.0M | -74.0M | -77.0M | -- |
| Capital Lease Obligations | 392.0M | 349.0M | 341.0M | 351.0M | 390.0M |
| Construction In Progress | 3.9B | -- | -- | -- | 3.6B |
| Current Deferred Liabilities | 516.0M | -- | -- | -- | 360.0M |
| Defined Pension Benefit | 771.0M | -- | -- | -- | 678.0M |
| Derivative Product Liabilities | 31.0M | -- | -- | -- | 66.0M |
| Dividends Payable | 332.0M | -- | -- | -- | 314.0M |
| Employee Benefits | 574.0M | -- | -- | -- | 559.0M |
| Financial Assets | 32.0M | -- | -- | -- | 48.0M |
| Gross Accounts Receivable | -- | 1.7B | 1.8B | 2.0B | -- |
| Interest Payable | 319.0M | -- | -- | -- | 305.0M |
| Line Of Credit | 412.0M | 294.0M | 363.0M | 146.0M | 98.0M |
| Long Term Provisions | 383.0M | -- | -- | -- | 390.0M |
| Non Current Deferred Assets | 109.0M | -- | -- | -- | 29.0M |
| Non Current Deferred Liabilities | 5.5B | 5.2B | 5.0B | 5.1B | 5.2B |
| Non Current Deferred Revenue | 118.0M | -- | -- | -- | 128.0M |
| Non Current Deferred Taxes Liabilities | 5.3B | 5.2B | 5.0B | 5.1B | 5.0B |
| Non Current Pension And Other Postretirement Benefit Plans | 429.0M | -- | -- | -- | 446.0M |
| Other Current Borrowings | 3.1B | 1.7B | 2.4B | 1.4B | 2.0B |
| Other Inventories | 58.0M | -- | -- | -- | 65.0M |
| Other Payable | 579.0M | -- | -- | -- | 524.0M |
| Other Properties | 5.7B | -- | -- | -- | 5.6B |
| Pensionand Other Post Retirement Benefit Plans Current | 28.0M | -- | -- | -- | 29.0M |
| Preferred Shares Number | 66.2M | 66.2M | 66.2M | 66.2M | 66.2M |
| Preferred Stock | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B |
| Preferred Stock Equity | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B |
| Receivables Adjustments Allowances | -80.0M | -- | -- | -- | -78.0M |
| Taxes Receivable | -- | -- | -- | -- | 0.00 |
| Total Tax Payable | 245.0M | -- | -- | -- | 304.0M |
| 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 | 1.0B | 1.0B | 804.0M | 1.2B | 962.0M |
| Cash Flow From Continuing Operating Activities | 1.0B | 1.0B | 804.0M | 1.2B | 962.0M |
| Depreciation And Amortization | 512.0M | 518.0M | 512.0M | 515.0M | 500.0M |
| Depreciation Amortization Depletion | 512.0M | 518.0M | 512.0M | 515.0M | 500.0M |
| Deferred Tax | 146.0M | 45.0M | 58.0M | 66.0M | 42.0M |
| Deferred Income Tax | 146.0M | 45.0M | 58.0M | 66.0M | 42.0M |
| Change In Working Capital | -120.0M | -9.0M | -175.0M | 101.0M | 5.0M |
| Changes In Account Receivables | -184.0M | 50.0M | 106.0M | -24.0M | -85.0M |
| Change In Receivables | -184.0M | 50.0M | 106.0M | -24.0M | -85.0M |
| Change In Inventory | -4.0M | -9.0M | -36.0M | 4.0M | -42.0M |
| Change In Payables And Accrued Expense | 195.0M | 40.0M | -173.0M | 133.0M | 191.0M |
| Change In Payable | -- | 40.0M | -173.0M | 133.0M | 191.0M |
| Change In Other Working Capital | -15.0M | -51.0M | -43.0M | 24.0M | -87.0M |
| Change In Other Current Assets | -115.0M | 1.0M | 24.0M | -4.0M | -14.0M |
| Change In Other Current Liabilities | -53.0M | 8.0M | -28.0M | -37.0M | -13.0M |
| Other Non Cash Items | -5.0M | -1.0M | -35.0M | -27.0M | -36.0M |
| Capital Expenditure | -1.7B | -1.5B | -1.5B | -1.5B | -1.7B |
| Purchase Of PPE | -1.6B | -1.4B | -1.5B | -1.5B | -1.6B |
| Net PPE Purchase And Sale | -1.6B | -1.4B | -1.5B | -1.5B | -1.6B |
| Purchase Of Business | 0.00 | 0.00 | -27.0M | -- | 0.00 |
| Sale Of Business | 181.0M | 298.0M | -- | -- | -- |
| Investing Cash Flow | -1.3B | -1.1B | -1.5B | -1.4B | -1.8B |
| Cash Flow From Continuing Investing Activities | -1.3B | -1.1B | -1.5B | -1.4B | -1.8B |
| Issuance Of Debt | 2.3B | 3.3B | 3.4B | 4.1B | 3.0B |
| Repayment Of Debt | -1.9B | -2.8B | -3.0B | -3.4B | -2.7B |
| Net Issuance Payments Of Debt | 509.0M | 426.0M | 646.0M | 732.0M | 343.0M |
| Issuance Of Capital Stock | 15.0M | 11.0M | 9.0M | 25.0M | 12.0M |
| Net Common Stock Issuance | 15.0M | 11.0M | 9.0M | 25.0M | 12.0M |
| Common Stock Dividend Paid | -207.0M | -198.0M | -191.0M | -192.0M | -195.0M |
| Financing Cash Flow | 305.0M | 220.0M | 437.0M | 499.0M | 125.0M |
| Cash Flow From Continuing Financing Activities | 305.0M | 220.0M | 437.0M | 499.0M | 125.0M |
| Effect Of Exchange Rate Changes | -4.0M | 2.0M | -20.0M | 3.0M | 33.0M |
| Changes In Cash | -18.0M | 166.0M | -269.0M | 287.0M | -709.0M |
| Beginning Cash Position | 389.0M | 221.0M | 510.0M | 220.0M | 896.0M |
| End Cash Position | 367.0M | 389.0M | 221.0M | 510.0M | 220.0M |
| Free Cash Flow | -676.0M | -426.0M | -740.0M | -330.0M | -731.0M |
| Amortization Cash Flow | 64.0M | 67.0M | 58.0M | 58.0M | 59.0M |
| Amortization Of Intangibles | 64.0M | 67.0M | 58.0M | 58.0M | 59.0M |
| Cash Dividends Paid | -229.0M | -220.0M | -211.0M | -213.0M | -214.0M |
| Change In Account Payable | 195.0M | 40.0M | -173.0M | 133.0M | 191.0M |
| Change In Prepaid Assets | 56.0M | -48.0M | -25.0M | 5.0M | 55.0M |
| Common Stock Issuance | 15.0M | 11.0M | 9.0M | 25.0M | 12.0M |
| Depreciation | 448.0M | 451.0M | 454.0M | 457.0M | 441.0M |
| Long Term Debt Issuance | 2.3B | 3.3B | 3.4B | 4.1B | 3.0B |
| Long Term Debt Payments | -1.9B | -2.8B | -3.0B | -3.4B | -2.7B |
| Net Business Purchase And Sale | 181.0M | 298.0M | -27.0M | -- | 0.00 |
| Net Income From Continuing Operations | 485.0M | 474.0M | 444.0M | 558.0M | 451.0M |
| Net Intangibles Purchase And Sale | -76.0M | -91.0M | -65.0M | -60.0M | -64.0M |
| Net Long Term Debt Issuance | 385.0M | 442.0M | 416.0M | 685.0M | 346.0M |
| Net Other Financing Charges | 10.0M | 3.0M | -7.0M | -45.0M | -16.0M |
| Net Other Investing Changes | 172.0M | 74.0M | 61.0M | 118.0M | -103.0M |
| Net Short Term Debt Issuance | 124.0M | -16.0M | 230.0M | 47.0M | -3.0M |
| Other Cash Adjustment Outside Changein Cash | -- | -- | -- | -- | -- |
| Preferred Stock Dividend Paid | -22.0M | -22.0M | -20.0M | -21.0M | -19.0M |
| Purchase Of Intangibles | -76.0M | -91.0M | -65.0M | -60.0M | -64.0M |