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 | 10.9B | 11.6B | 10.8B | 11.9B | 11.9B |
| Operating Revenue | 11.2B | 12.0B | 11.2B | 12.5B | 12.5B |
| Cost Of Revenue | 10.0B | 10.3B | 9.4B | 10.0B | 10.1B |
| Gross Profit | 866.0M | 1.3B | 1.5B | 1.9B | 1.8B |
| Selling General And Administration | 259.0M | 647.0M | 257.0M | 264.0M | 255.0M |
| General And Administrative Expense | 259.0M | 647.0M | 257.0M | 264.0M | 255.0M |
| Other Operating Expenses | 4.0M | 1.0M | -- | 2.0M | 0.00 |
| Operating Expense | 263.0M | 648.0M | 257.0M | 266.0M | 255.0M |
| Operating Income | 603.0M | 654.0M | 1.2B | 1.6B | 1.5B |
| EBIT | 638.0M | 709.0M | 1.2B | 1.7B | 1.6B |
| Interest Expense | 9.0M | 8.0M | 2.0M | -2.0M | 4.0M |
| Interest Expense Non Operating | 9.0M | 8.0M | 2.0M | -2.0M | 4.0M |
| Interest Income | 5.0M | -- | -- | -- | -- |
| Interest Income Non Operating | 5.0M | -- | -- | -- | -- |
| Net Interest Income | -4.0M | -8.0M | -2.0M | 2.0M | -4.0M |
| Other Income Expense | 30.0M | 55.0M | 24.0M | 51.0M | 60.0M |
| Special Income Charges | -- | -- | 1.0M | 10.0M | -- |
| Gain On Sale Of Security | 30.0M | 55.0M | 23.0M | 41.0M | 60.0M |
| Pretax Income | 629.0M | 701.0M | 1.2B | 1.7B | 1.6B |
| Tax Provision | 137.0M | 162.0M | 295.0M | 400.0M | 350.0M |
| Tax Effect Of Unusual Items | 6.5M | 12.7M | 5.7M | 12.1M | 13.3M |
| Net Income From Continuing And Discontinued Operation | 492.0M | 539.0M | 949.0M | 1.3B | 1.2B |
| Net Income From Continuing Operation Net Minority Interest | 492.0M | 539.0M | 949.0M | 1.3B | 1.2B |
| Net Income Including Noncontrolling Interests | 492.0M | 539.0M | 949.0M | 1.3B | 1.2B |
| Net Income Common Stockholders | 492.0M | 539.0M | 949.0M | 1.3B | 1.2B |
| Net Income | 492.0M | 539.0M | 949.0M | 1.3B | 1.2B |
| EBITDA | 1.3B | 1.6B | 1.7B | 2.2B | 2.1B |
| Normalized EBITDA | 1.3B | 1.6B | 1.7B | 2.2B | 2.0B |
| Reconciled Depreciation | 659.0M | 911.0M | 478.0M | 531.0M | 529.0M |
| Basic EPS | 1.01 | -- | 1.86 | 2.53 | 2.38 |
| Diluted EPS | 1.00 | -- | 1.86 | 2.52 | 2.37 |
| Basic Average Shares | 487.1M | 503.7M | 510.2M | 509.1M | 514.7M |
| Diluted Average Shares | 490.4M | -- | 510.3M | 510.2M | 516.5M |
| Total Unusual Items | 30.0M | 55.0M | 24.0M | 51.0M | 60.0M |
| Total Unusual Items Excluding Goodwill | 30.0M | 55.0M | 24.0M | 51.0M | 60.0M |
| Tax Rate For Calcs | 0.22 | 0.23 | 0.24 | 0.24 | 0.22 |
| Normalized Income | 468.5M | 496.7M | 930.7M | 1.2B | 1.2B |
| Diluted NI Availto Com Stockholders | 492.0M | 539.0M | 949.0M | 1.3B | 1.2B |
| Excise Taxes | 371.0M | 380.0M | 372.0M | 592.0M | 627.0M |
| Gain On Sale Of Ppe | -- | -- | 1.0M | 10.0M | -- |
| Net Income Continuous Operations | 492.0M | 539.0M | 949.0M | 1.3B | 1.2B |
| Net Non Operating Interest Income Expense | -4.0M | -8.0M | -2.0M | 2.0M | -4.0M |
| Other Gand A | 254.0M | 622.0M | 251.0M | 259.0M | 255.0M |
| Reconciled Cost Of Revenue | 10.0B | 10.3B | 9.4B | 10.0B | 10.1B |
| Salaries And Wages | 5.0M | 25.0M | 6.0M | 5.0M | 0.00 |
| Total Expenses | 10.3B | 11.0B | 9.6B | 10.2B | 10.4B |
| 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 | 1.1B | 1.9B | 2.4B | 1.8B | 979.0M |
| Cash Cash Equivalents And Short Term Investments | 1.1B | 1.9B | 2.4B | 1.8B | 979.0M |
| Accounts Receivable | 4.4B | 5.2B | 5.6B | 5.8B | 5.8B |
| Receivables | 4.4B | 5.2B | 5.6B | 5.8B | 5.8B |
| Inventory | 2.9B | 2.9B | 2.7B | 2.9B | 2.6B |
| Current Assets | 8.4B | 10.0B | 10.7B | 10.4B | 9.4B |
| Gross PPE | 60.0B | 59.3B | 58.9B | 58.4B | 58.0B |
| Accumulated Depreciation | -29.2B | -29.1B | -28.2B | -27.7B | -27.2B |
| Net PPE | 30.9B | 30.2B | 30.7B | 30.7B | 30.8B |
| 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 | 1.1B | 1.1B | 1.1B | 818.0M |
| Other Non Current Assets | 1.8B | 1.5B | 1.6B | 1.6B | 1.5B |
| Total Non Current Assets | 33.9B | 33.0B | 33.5B | 33.5B | 33.6B |
| Total Assets | 42.3B | 43.0B | 44.2B | 43.9B | 42.9B |
| Current Debt | 19.0M | 18.0M | 19.0M | 18.0M | 19.0M |
| Current Debt And Capital Lease Obligation | 19.0M | 18.0M | 19.0M | 18.0M | 19.0M |
| Accounts Payable | 4.7B | 6.7B | 6.7B | 7.0B | 5.3B |
| Payables | 5.4B | 6.7B | 6.7B | 7.0B | 6.2B |
| Payables And Accrued Expenses | 5.4B | 6.7B | 6.7B | 7.0B | 6.2B |
| Other Current Liabilities | 1.2B | -- | -- | -- | 739.0M |
| Current Liabilities | 6.6B | 6.8B | 6.7B | 7.0B | 7.0B |
| Long Term Debt | 3.4B | 3.4B | 3.4B | 3.4B | 3.4B |
| Long Term Debt And Capital Lease Obligation | 4.1B | 4.1B | 4.1B | 4.1B | 4.1B |
| Long Term Capital Lease Obligation | 680.0M | 664.0M | 683.0M | 686.0M | 689.0M |
| Other Non Current Liabilities | 453.0M | 315.0M | 122.0M | 117.0M | 120.0M |
| Total Non Current Liabilities Net Minority Interest | 13.4B | 12.5B | 12.4B | 12.4B | 12.5B |
| Total Liabilities Net Minority Interest | 20.1B | 19.3B | 19.2B | 19.5B | 19.5B |
| Common Stock | 895.0M | 919.0M | 942.0M | 942.0M | 942.0M |
| Capital Stock | 895.0M | 919.0M | 942.0M | 942.0M | 942.0M |
| Retained Earnings | 21.4B | 23.0B | 24.2B | 23.7B | 22.7B |
| Gains Losses Not Affecting Retained Earnings | -14.0M | -187.0M | -192.0M | -197.0M | -214.0M |
| Other Equity Adjustments | -14.0M | -187.0M | -192.0M | -197.0M | -214.0M |
| Common Stock Equity | 22.3B | 23.7B | 25.0B | 24.4B | 23.5B |
| Stockholders Equity | 22.3B | 23.7B | 25.0B | 24.4B | 23.5B |
| Total Equity Gross Minority Interest | 22.3B | 23.7B | 25.0B | 24.4B | 23.5B |
| Total Capitalization | 25.7B | 27.1B | 28.4B | 27.9B | 26.9B |
| Net Tangible Assets | 22.1B | 23.5B | 24.8B | 24.2B | 23.3B |
| Tangible Book Value | 22.1B | 23.5B | 24.8B | 24.2B | 23.3B |
| Working Capital | 1.8B | 3.2B | 3.9B | 3.4B | 2.3B |
| Invested Capital | 25.7B | 27.1B | 28.5B | 27.9B | 26.9B |
| Total Debt | 4.1B | 4.1B | 4.1B | 4.2B | 4.2B |
| Net Debt | 2.3B | 1.6B | 1.1B | 1.7B | 2.5B |
| Share Issued | 483.6M | 496.9M | 509.0M | 509.0M | 509.0M |
| Ordinary Shares Number | 483.6M | 496.9M | 509.0M | 509.0M | 509.0M |
| Capital Lease Obligations | 680.0M | 664.0M | 683.0M | 686.0M | 689.0M |
| Dividends Payable | 350.0M | -- | -- | -- | 307.0M |
| Duefrom Related Parties Non Current | 251.0M | -- | -- | -- | 266.0M |
| Employee Benefits | 1.0B | 1.1B | 1.0B | 1.0B | 965.0M |
| Finished Goods | 1.8B | 2.0B | 1.6B | 1.8B | 1.3B |
| Income Tax Payable | 2.0M | 18.0M | 0.00 | 0.00 | 81.0M |
| Long Term Provisions | 3.3B | 2.6B | 2.6B | 2.6B | 2.6B |
| Non Current Accounts Receivable | 251.0M | -- | -- | -- | 266.0M |
| Non Current Deferred Liabilities | 4.5B | 4.4B | 4.6B | 4.6B | 4.6B |
| Non Current Deferred Taxes Liabilities | 4.5B | 4.4B | 4.6B | 4.6B | 4.6B |
| Non Current Pension And Other Postretirement Benefit Plans | 811.0M | 836.0M | 828.0M | 842.0M | 846.0M |
| Other Inventories | 394.0M | -- | -- | -- | 331.0M |
| Raw Materials | 693.0M | 908.0M | 1.0B | 1.0B | 975.0M |
| Total Tax Payable | 395.0M | 18.0M | 0.00 | 0.00 | 605.0M |
| 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 | 1.9B | 1.8B | 1.5B | 1.5B | 1.8B |
| Cash Flow From Continuing Operating Activities | 1.9B | 1.8B | 1.5B | 1.5B | 1.8B |
| Depreciation Amortization Depletion | 659.0M | 911.0M | 478.0M | 531.0M | 529.0M |
| Deferred Tax | 75.0M | -200.0M | 0.00 | -31.0M | 44.0M |
| Deferred Income Tax | 75.0M | -200.0M | 0.00 | -31.0M | 44.0M |
| Change In Working Capital | 658.0M | 198.0M | 52.0M | -233.0M | 139.0M |
| Changes In Account Receivables | 787.0M | 444.0M | 168.0M | -12.0M | -236.0M |
| Change In Receivables | 787.0M | 444.0M | 168.0M | -12.0M | -236.0M |
| Change In Inventory | 32.0M | -266.0M | 201.0M | -254.0M | -217.0M |
| Change In Payables And Accrued Expense | -161.0M | 20.0M | -317.0M | 33.0M | 592.0M |
| Change In Payable | -161.0M | 20.0M | -317.0M | 33.0M | 592.0M |
| Other Non Cash Items | 40.0M | 328.0M | -13.0M | -18.0M | -135.0M |
| Capital Expenditure | -632.0M | -504.0M | -471.0M | -398.0M | -423.0M |
| Purchase Of PPE | -632.0M | -504.0M | -471.0M | -398.0M | -423.0M |
| Net PPE Purchase And Sale | -632.0M | -504.0M | -471.0M | -398.0M | -423.0M |
| Purchase Of Investment | 0.00 | 0.00 | -4.0M | -- | -- |
| Net Investment Purchase And Sale | 0.00 | 0.00 | -4.0M | -- | -- |
| Investing Cash Flow | -561.0M | -482.0M | -472.0M | -377.0M | -404.0M |
| Cash Flow From Continuing Investing Activities | -561.0M | -482.0M | -472.0M | -377.0M | -404.0M |
| Repayment Of Debt | -4.0M | -6.0M | -4.0M | -4.0M | -4.0M |
| Net Issuance Payments Of Debt | -4.0M | -6.0M | -4.0M | -4.0M | -104.0M |
| Repurchase Of Capital Stock | -1.7B | -1.5B | 0.00 | -54.0M | -1.5B |
| Net Common Stock Issuance | -1.7B | -1.5B | 0.00 | -54.0M | -1.5B |
| Common Stock Dividend Paid | -361.0M | -366.0M | -367.0M | -307.0M | -317.0M |
| Common Stock Payments | -1.7B | -1.5B | 0.00 | -54.0M | -1.5B |
| Financing Cash Flow | -2.1B | -1.8B | -371.0M | -365.0M | -1.9B |
| Cash Flow From Continuing Financing Activities | -2.1B | -1.8B | -371.0M | -365.0M | -1.9B |
| Changes In Cash | -719.0M | -525.0M | 622.0M | 785.0M | -511.0M |
| Beginning Cash Position | 1.9B | 2.4B | 1.8B | 979.0M | 1.5B |
| End Cash Position | 1.1B | 1.9B | 2.4B | 1.8B | 979.0M |
| Free Cash Flow | 1.3B | 1.3B | 994.0M | 1.1B | 1.4B |
| Income Tax Paid Supplemental Data | -- | 258.0M | 305.0M | 569.0M | 214.0M |
| Interest Paid Supplemental Data | 8.0M | 8.0M | 5.0M | 7.0M | 5.0M |
| Cash Dividends Paid | -361.0M | -366.0M | -367.0M | -307.0M | -317.0M |
| Change In Account Payable | -145.0M | 2.0M | -317.0M | 114.0M | 554.0M |
| Change In Income Tax Payable | -16.0M | 18.0M | 0.00 | -81.0M | 38.0M |
| Change In Tax Payable | -16.0M | 18.0M | 0.00 | -81.0M | 38.0M |
| Long Term Debt Payments | -4.0M | -6.0M | -4.0M | -4.0M | -4.0M |
| Net Income From Continuing Operations | 492.0M | 539.0M | 949.0M | 1.3B | 1.2B |
| Net Long Term Debt Issuance | -4.0M | -6.0M | -4.0M | -4.0M | -4.0M |
| Net Other Investing Changes | 71.0M | 22.0M | 3.0M | 21.0M | 19.0M |
| Operating Gains Losses | -6.0M | 22.0M | -1.0M | -10.0M | -13.0M |