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 | 45.2B | 48.8B | 48.3B | 57.2B | 35.6B |
| Operating Revenue | 46.9B | 51.4B | 50.7B | 59.4B | 37.5B |
| Cost Of Revenue | 39.7B | 41.8B | 41.2B | 47.0B | 31.5B |
| Gross Profit | 5.5B | 7.1B | 7.1B | 10.2B | 4.1B |
| Selling General And Administration | 1.4B | 948.0M | 939.0M | 899.0M | 826.0M |
| General And Administrative Expense | 1.4B | 948.0M | 939.0M | 899.0M | 826.0M |
| Other Operating Expenses | 7.0M | 3.0M | 5.0M | 5.0M | 32.0M |
| Operating Expense | 1.4B | 951.0M | 944.0M | 904.0M | 858.0M |
| Operating Income | 4.1B | 6.1B | 6.2B | 9.3B | 3.3B |
| EBIT | 4.3B | 6.3B | 6.4B | 9.5B | 3.3B |
| Interest Expense | 26.0M | 41.0M | 69.0M | 60.0M | 54.0M |
| Interest Expense Non Operating | 26.0M | 41.0M | 69.0M | 60.0M | 54.0M |
| Interest Income | 14.0M | -- | -- | -- | -- |
| Interest Income Non Operating | 14.0M | -- | -- | -- | -- |
| Net Interest Income | -12.0M | -41.0M | -69.0M | -60.0M | -54.0M |
| Other Income Expense | 160.0M | 173.0M | 267.0M | 257.0M | 82.0M |
| Other Non Operating Income Expenses | -- | -- | -- | -17.0M | -42.0M |
| Gain On Sale Of Security | 160.0M | 173.0M | 267.0M | 257.0M | 82.0M |
| Pretax Income | 4.3B | 6.2B | 6.4B | 9.5B | 3.3B |
| Tax Provision | 994.0M | 1.4B | 1.5B | 2.1B | 804.0M |
| Tax Effect Of Unusual Items | 37.3M | 40.2M | 62.0M | 58.1M | 20.1M |
| Net Income From Continuing And Discontinued Operation | 3.3B | 4.8B | 4.9B | 7.3B | 2.5B |
| Net Income From Continuing Operation Net Minority Interest | 3.3B | 4.8B | 4.9B | 7.3B | 2.5B |
| Net Income Including Noncontrolling Interests | 3.3B | 4.8B | 4.9B | 7.3B | 2.5B |
| Net Income Common Stockholders | 3.3B | 4.8B | 4.9B | 7.3B | 2.5B |
| Net Income | 3.3B | 4.8B | 4.9B | 7.3B | 2.5B |
| EBITDA | 6.9B | 8.3B | 8.3B | 11.4B | 5.3B |
| Normalized EBITDA | 6.7B | 8.1B | 8.1B | 11.2B | 5.2B |
| Reconciled Depreciation | 2.6B | 2.0B | 1.9B | 1.9B | 2.0B |
| Basic EPS | 6.50 | 9.05 | 8.51 | 11.47 | 3.48 |
| Diluted EPS | 6.48 | 9.03 | 8.49 | 11.44 | 3.48 |
| Basic Average Shares | 502.8M | 509.0M | 535.8M | 639.9M | 712.4M |
| Diluted Average Shares | 504.0M | 530.6M | 575.9M | 641.5M | 713.2M |
| Total Unusual Items | 160.0M | 173.0M | 267.0M | 257.0M | 82.0M |
| Total Unusual Items Excluding Goodwill | 160.0M | 173.0M | 267.0M | 257.0M | 82.0M |
| Tax Rate For Calcs | 0.23 | 0.23 | 0.23 | 0.23 | 0.24 |
| Normalized Income | 3.1B | 4.7B | 4.7B | 7.1B | 2.4B |
| Diluted NI Availto Com Stockholders | 3.3B | 4.8B | 4.9B | 7.3B | 2.5B |
| Excise Taxes | 1.7B | 2.5B | 2.4B | 2.2B | 1.9B |
| Net Income Continuous Operations | 3.3B | 4.8B | 4.9B | 7.3B | 2.5B |
| Net Non Operating Interest Income Expense | -12.0M | -41.0M | -69.0M | -60.0M | -54.0M |
| Other Gand A | 1.4B | 945.0M | 857.0M | 882.0M | 784.0M |
| Reconciled Cost Of Revenue | 39.7B | 41.8B | 41.2B | 47.0B | 31.5B |
| Salaries And Wages | 41.0M | 3.0M | 82.0M | 17.0M | 42.0M |
| Total Expenses | 41.1B | 42.7B | 42.1B | 47.9B | 32.3B |
| 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 | 1.1B | 979.0M | 864.0M | 3.7B | 2.2B |
| Cash Cash Equivalents And Short Term Investments | 1.1B | 979.0M | 864.0M | 3.7B | 2.2B |
| Cash Financial | -- | -- | -- | 3.7B | 2.2B |
| Accounts Receivable | 4.4B | 5.8B | 4.5B | 4.7B | 3.9B |
| Receivables | 4.4B | 5.8B | 4.5B | 4.7B | 3.9B |
| Inventory | 2.9B | 2.6B | 3.0B | 2.3B | 1.8B |
| Current Assets | 8.4B | 9.4B | 8.3B | 10.7B | 7.8B |
| Gross PPE | 60.0B | 58.0B | 56.2B | 54.6B | 56.8B |
| Accumulated Depreciation | -29.2B | -27.2B | -25.4B | -24.1B | -25.5B |
| Net PPE | 30.9B | 30.8B | 30.8B | 30.5B | 31.2B |
| Goodwill | 166.0M | 166.0M | 166.0M | 166.0M | 166.0M |
| Goodwill And Other Intangible Assets | 166.0M | 166.0M | 166.0M | 166.0M | 166.0M |
| Investments And Advances | 852.0M | 818.0M | 779.0M | 605.0M | 459.0M |
| Other Non Current Assets | 1.8B | 1.5B | 838.0M | 1.2B | 806.0M |
| Total Non Current Assets | 33.9B | 33.6B | 32.9B | 32.8B | 33.0B |
| Total Assets | 42.3B | 42.9B | 41.2B | 43.5B | 40.8B |
| Current Debt | 19.0M | 19.0M | 121.0M | 122.0M | 122.0M |
| Current Debt And Capital Lease Obligation | 19.0M | 19.0M | 121.0M | 122.0M | 122.0M |
| Accounts Payable | 4.7B | 5.3B | 5.0B | 5.7B | 4.8B |
| Payables | 5.4B | 6.2B | 5.8B | 8.8B | 5.4B |
| Payables And Accrued Expenses | 5.4B | 6.2B | 5.8B | 8.8B | 5.4B |
| Other Current Liabilities | 1.2B | 739.0M | 726.0M | -- | -- |
| Current Liabilities | 6.6B | 7.0B | 6.6B | 8.9B | 5.6B |
| Long Term Debt | 3.4B | 3.4B | 3.4B | 3.4B | 4.4B |
| Long Term Debt And Capital Lease Obligation | 4.1B | 4.1B | 4.1B | 4.2B | 5.2B |
| Long Term Capital Lease Obligation | 680.0M | 689.0M | 675.0M | 737.0M | 754.0M |
| Other Non Current Liabilities | 453.0M | 120.0M | 132.0M | 163.0M | 596.0M |
| Total Non Current Liabilities Net Minority Interest | 13.4B | 12.5B | 12.4B | 12.2B | 13.5B |
| Total Liabilities Net Minority Interest | 20.1B | 19.5B | 19.0B | 21.1B | 19.0B |
| Common Stock | 895.0M | 942.0M | 992.0M | 1.1B | 1.3B |
| Capital Stock | 895.0M | 942.0M | 992.0M | 1.1B | 1.3B |
| Retained Earnings | 21.4B | 22.7B | 21.9B | 21.8B | 21.7B |
| Gains Losses Not Affecting Retained Earnings | -14.0M | -214.0M | -677.0M | -512.0M | -1.2B |
| Other Equity Adjustments | -14.0M | -214.0M | -677.0M | -512.0M | -1.2B |
| Common Stock Equity | 22.3B | 23.5B | 22.2B | 22.4B | 21.7B |
| Stockholders Equity | 22.3B | 23.5B | 22.2B | 22.4B | 21.7B |
| Total Equity Gross Minority Interest | 22.3B | 23.5B | 22.2B | 22.4B | 21.7B |
| Total Capitalization | 25.7B | 26.9B | 25.7B | 25.9B | 26.2B |
| Net Tangible Assets | 22.1B | 23.3B | 22.1B | 22.2B | 21.6B |
| Tangible Book Value | 22.1B | 23.3B | 22.1B | 22.2B | 21.6B |
| Working Capital | 1.8B | 2.3B | 1.7B | 1.8B | 2.3B |
| Invested Capital | 25.7B | 26.9B | 25.8B | 26.0B | 26.3B |
| Total Debt | 4.1B | 4.2B | 4.2B | 4.3B | 5.3B |
| Net Debt | 2.3B | 2.5B | 2.7B | -- | 2.4B |
| Share Issued | 483.6M | 509.0M | 535.8M | 584.2M | 678.0M |
| Ordinary Shares Number | 483.6M | 509.0M | 535.8M | 584.2M | 678.0M |
| Capital Lease Obligations | 680.0M | 689.0M | 675.0M | 737.0M | 754.0M |
| Current Capital Lease Obligation | -- | -- | 108.0M | 122.0M | -- |
| Current Notes Payable | -- | -- | -- | -- | 122.0M |
| Dividends Payable | 350.0M | 307.0M | -- | -- | -- |
| Duefrom Related Parties Non Current | 251.0M | 266.0M | 283.0M | 288.0M | 298.0M |
| Employee Benefits | 1.0B | 965.0M | 1.0B | 1.0B | 1.4B |
| Finished Goods | 1.8B | 1.3B | 1.6B | 1.4B | 1.1B |
| Income Tax Payable | 2.0M | 81.0M | 251.0M | 2.6B | 248.0M |
| Long Term Provisions | 3.3B | 2.6B | 2.6B | 2.1B | 1.7B |
| Non Current Accounts Receivable | 251.0M | 266.0M | 283.0M | 288.0M | 298.0M |
| Non Current Deferred Liabilities | 4.5B | 4.6B | 4.5B | 4.7B | 4.5B |
| Non Current Deferred Taxes Liabilities | 4.5B | 4.6B | 4.5B | 4.7B | 4.5B |
| Non Current Pension And Other Postretirement Benefit Plans | 811.0M | 846.0M | 954.0M | 902.0M | 1.4B |
| Other Current Borrowings | -- | -- | 100.0M | 100.0M | -- |
| Other Inventories | 394.0M | 331.0M | 320.0M | 158.0M | 45.0M |
| Raw Materials | 693.0M | 975.0M | 1.0B | 754.0M | 689.0M |
| Total Tax Payable | 395.0M | 605.0M | 706.0M | 3.0B | 663.0M |
| Treasury Shares Number | -- | -- | 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 | 6.7B | 6.0B | 3.7B | 10.5B | 5.5B |
| Cash Flow From Continuing Operating Activities | 6.7B | 6.0B | 3.7B | 10.5B | 5.5B |
| Depreciation Amortization Depletion | 2.6B | 2.0B | 1.9B | 1.9B | 2.0B |
| Deferred Tax | -156.0M | -142.0M | -85.0M | -77.0M | 91.0M |
| Deferred Income Tax | -156.0M | -142.0M | -85.0M | -77.0M | 91.0M |
| Change In Working Capital | 675.0M | -495.0M | -2.7B | 1.5B | 363.0M |
| Changes In Account Receivables | 1.4B | -1.3B | 237.0M | -862.0M | -1.9B |
| Change In Receivables | 1.4B | -1.3B | 237.0M | -862.0M | -1.9B |
| Change In Inventory | -287.0M | 335.0M | -688.0M | -477.0M | 45.0M |
| Change In Payables And Accrued Expense | -425.0M | 446.0M | -2.2B | 2.8B | 2.3B |
| Change In Payable | -425.0M | 446.0M | -2.2B | 2.8B | 2.3B |
| Other Non Cash Items | 337.0M | -137.0M | -203.0M | -5.0M | 615.0M |
| Capital Expenditure | -2.0B | -1.9B | -1.8B | -1.5B | -1.1B |
| Purchase Of PPE | -2.0B | -1.9B | -1.8B | -1.5B | -1.1B |
| Net PPE Purchase And Sale | -2.0B | -1.9B | -1.8B | -1.5B | -1.1B |
| Purchase Of Investment | -4.0M | 0.00 | 0.00 | -6.0M | 0.00 |
| Net Investment Purchase And Sale | -4.0M | 0.00 | 0.00 | -6.0M | 0.00 |
| Investing Cash Flow | -1.9B | -1.8B | -1.7B | -618.0M | -1.0B |
| Cash Flow From Continuing Investing Activities | -1.9B | -1.8B | -1.7B | -618.0M | -1.0B |
| Repayment Of Debt | -18.0M | -22.0M | -22.0M | -1.0B | -20.0M |
| Net Issuance Payments Of Debt | -18.0M | -122.0M | -22.0M | -1.0B | -131.0M |
| Repurchase Of Capital Stock | -3.2B | -2.7B | -3.8B | -6.4B | -2.2B |
| Net Common Stock Issuance | -3.2B | -2.7B | -3.8B | -6.4B | -2.2B |
| Common Stock Dividend Paid | -1.4B | -1.2B | -1.1B | -851.0M | -706.0M |
| Common Stock Payments | -3.2B | -2.7B | -3.8B | -6.4B | -2.2B |
| Financing Cash Flow | -4.7B | -4.0B | -4.9B | -8.3B | -3.1B |
| Cash Flow From Continuing Financing Activities | -4.7B | -4.0B | -4.9B | -8.3B | -3.1B |
| Changes In Cash | 163.0M | 115.0M | -2.9B | 1.6B | 1.4B |
| Beginning Cash Position | 979.0M | 864.0M | 3.7B | 2.2B | 771.0M |
| End Cash Position | 1.1B | 979.0M | 864.0M | 3.7B | 2.2B |
| Free Cash Flow | 4.7B | 4.1B | 1.9B | 9.0B | 4.4B |
| Income Tax Paid Supplemental Data | -- | 1.8B | 4.2B | 374.0M | -- |
| Interest Paid Supplemental Data | 28.0M | 42.0M | 69.0M | 60.0M | 43.0M |
| Asset Impairment Charge | -- | -- | -- | 0.00 | 0.00 |
| Cash Dividends Paid | -1.4B | -1.2B | -1.1B | -851.0M | -706.0M |
| Change In Account Payable | -346.0M | 616.0M | 81.0M | 948.0M | 2.0B |
| Change In Income Tax Payable | -79.0M | -170.0M | -2.3B | 1.9B | 248.0M |
| Change In Tax Payable | -79.0M | -170.0M | -2.3B | 1.9B | 248.0M |
| Long Term Debt Payments | -18.0M | -22.0M | -22.0M | -1.0B | -20.0M |
| Net Income From Continuing Operations | 3.3B | 4.8B | 4.9B | 7.3B | 2.5B |
| Net Long Term Debt Issuance | -18.0M | -22.0M | -22.0M | -1.0B | -20.0M |
| Net Other Investing Changes | 117.0M | 42.0M | 91.0M | 914.0M | 96.0M |
| Net Short Term Debt Issuance | 0.00 | -100.0M | 0.00 | 0.00 | -111.0M |
| Operating Gains Losses | 5.0M | -18.0M | -73.0M | -158.0M | -49.0M |