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 | 15.7B | 19.4B | 14.7B | 14.1B | 14.9B |
| Operating Revenue | 15.7B | 19.4B | 14.7B | 14.1B | 14.9B |
| Cost Of Revenue | 11.3B | 13.2B | 9.8B | 9.5B | 10.2B |
| Gross Profit | 4.4B | 6.2B | 4.8B | 4.6B | 4.8B |
| Selling General And Administration | 3.5B | 4.8B | 3.6B | 3.7B | 3.9B |
| Operating Expense | 3.5B | 4.8B | 3.6B | 3.7B | 3.9B |
| Operating Income | 903.0M | 1.4B | 1.2B | 906.0M | 852.0M |
| EBIT | 917.0M | 1.4B | 1.2B | 915.0M | 867.0M |
| Interest Expense | 73.0M | 275.0M | 216.0M | 207.0M | 214.0M |
| Interest Expense Non Operating | 73.0M | 275.0M | 216.0M | 207.0M | 214.0M |
| Interest Income | 3.0M | 7.0M | 4.0M | 9.0M | 4.0M |
| Interest Income Non Operating | 3.0M | 7.0M | 4.0M | 9.0M | 4.0M |
| Net Interest Income | -59.0M | -273.0M | -212.0M | -198.0M | -199.0M |
| Pretax Income | 844.0M | 1.1B | 1.0B | 708.0M | 653.0M |
| Tax Provision | 331.0M | 293.0M | 270.0M | 186.0M | 185.0M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 656.0M | 794.0M | 714.0M | 503.0M | 469.0M |
| Net Income From Continuing Operation Net Minority Interest | 520.0M | 794.0M | 714.0M | 503.0M | 469.0M |
| Net Income Including Noncontrolling Interests | 649.0M | 810.0M | 757.0M | 522.0M | 468.0M |
| Minority Interests | 7.0M | -16.0M | -43.0M | -19.0M | 1.0M |
| Net Income Common Stockholders | 656.0M | 794.0M | 714.0M | 503.0M | 462.0M |
| Net Income | 656.0M | 794.0M | 714.0M | 503.0M | 469.0M |
| EBITDA | 1.5B | 2.2B | 1.8B | 1.6B | 1.6B |
| Normalized EBITDA | 1.5B | 2.2B | 1.8B | 1.6B | 1.6B |
| Reconciled Depreciation | 621.0M | 810.0M | 600.0M | 705.0M | 694.0M |
| Basic EPS | -- | 0.67 | 0.60 | 0.42 | 0.38 |
| Diluted EPS | -- | 0.66 | 0.59 | 0.41 | 0.38 |
| Basic Average Shares | -- | 1.2B | 1.2B | 1.2B | 1.2B |
| Diluted Average Shares | -- | 1.2B | 1.2B | 1.2B | 1.2B |
| Tax Rate For Calcs | 0.39 | 0.27 | 0.26 | 0.26 | 0.28 |
| Normalized Income | 520.0M | 794.0M | 714.0M | 503.0M | 469.0M |
| Diluted NI Availto Com Stockholders | 656.0M | 794.0M | 714.0M | 503.0M | 462.0M |
| Net Income Continuous Operations | 513.0M | 810.0M | 757.0M | 522.0M | 468.0M |
| Net Non Operating Interest Income Expense | -59.0M | -273.0M | -212.0M | -198.0M | -199.0M |
| Preferred Stock Dividends | -- | -- | -- | -- | 3.0M |
| Reconciled Cost Of Revenue | 11.3B | 13.2B | 9.8B | 9.5B | 10.2B |
| Total Expenses | 14.8B | 18.0B | 13.4B | 13.2B | 14.1B |
| Total Operating Income As Reported | 903.0M | 1.4B | 1.2B | 906.0M | 852.0M |
| Total Other Finance Cost | -- | 5.0M | -- | -- | -- |
| 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 | 1.0B | 1.4B | 950.0M | 938.0M | 1.5B |
| Cash Cash Equivalents And Short Term Investments | 1.0B | 2.2B | 1.9B | 1.9B | 2.1B |
| Cash Equivalents | 4.0M | -- | -- | -- | 222.0M |
| Cash Financial | 998.0M | -- | -- | -- | 1.2B |
| Other Short Term Investments | 39.0M | 895.0M | 950.0M | 999.0M | 648.0M |
| Accounts Receivable | 1.3B | 5.4B | 5.3B | 5.2B | 5.7B |
| Receivables | 1.3B | 5.4B | 5.3B | 5.2B | 5.7B |
| Inventory | 6.5B | 6.8B | 6.5B | 6.3B | 6.3B |
| Prepaid Assets | -- | -- | 300.0M | -- | -- |
| Other Current Assets | 446.0M | 519.0M | 370.0M | 413.0M | 376.0M |
| Current Assets | 14.9B | 15.0B | 14.4B | 13.9B | 14.5B |
| Gross PPE | 36.9B | 15.9B | 15.4B | 15.3B | 34.1B |
| Accumulated Depreciation | -20.7B | -- | -- | -- | -18.7B |
| Net PPE | 16.2B | 15.9B | 15.4B | 15.3B | 15.3B |
| Goodwill | 4.4B | 4.4B | 4.4B | 4.4B | 4.4B |
| Goodwill And Other Intangible Assets | 9.6B | 9.6B | 9.6B | 9.7B | 9.8B |
| Other Intangible Assets | 5.2B | 5.2B | 5.3B | 5.3B | 5.4B |
| Investments And Advances | 202.0M | -- | -- | -- | 304.0M |
| Long Term Equity Investment | 81.0M | -- | -- | -- | 85.0M |
| Other Investments | 121.0M | -- | -- | -- | 99.0M |
| Other Non Current Assets | 190.0M | 882.0M | 782.0M | 935.0M | 149.0M |
| Total Non Current Assets | 26.6B | 26.6B | 26.0B | 26.1B | 26.3B |
| Total Assets | 41.6B | 41.6B | 40.5B | 40.0B | 40.9B |
| Current Debt | -- | 1.1B | 1.1B | 1.1B | 1.4B |
| Current Debt And Capital Lease Obligation | 1.6B | 2.7B | 2.7B | 2.7B | 3.1B |
| Accounts Payable | 7.1B | 6.8B | 6.7B | 6.6B | 7.5B |
| Payables | 7.6B | 7.3B | 7.2B | 7.0B | 7.9B |
| Payables And Accrued Expenses | 7.6B | 7.3B | 7.2B | 7.0B | 7.9B |
| Current Deferred Revenue | 124.0M | 1.1B | 893.0M | 729.0M | 565.0M |
| Other Current Liabilities | 4.5B | -- | -- | -- | -- |
| Current Liabilities | 13.9B | 11.1B | 10.8B | 10.5B | 11.8B |
| Long Term Debt | 5.9B | 8.4B | 8.1B | 8.1B | 7.6B |
| Long Term Debt And Capital Lease Obligation | 14.7B | 17.3B | 16.9B | 16.7B | 16.1B |
| Long Term Capital Lease Obligation | 8.8B | 8.9B | 8.8B | 8.6B | 8.5B |
| Other Non Current Liabilities | 294.0M | 640.0M | 645.0M | 660.0M | 282.0M |
| Total Non Current Liabilities Net Minority Interest | 16.5B | 18.9B | 18.4B | 18.4B | 17.8B |
| Total Liabilities Net Minority Interest | 30.4B | 30.0B | 29.2B | 28.9B | 29.6B |
| Common Stock | 6.1B | 6.1B | 6.2B | 6.2B | 6.2B |
| Capital Stock | 6.1B | 6.1B | 6.2B | 6.2B | 6.2B |
| Additional Paid In Capital | 126.0M | 110.0M | 99.0M | 90.0M | 115.0M |
| Retained Earnings | 4.8B | 5.1B | 4.7B | 4.7B | 4.7B |
| Gains Losses Not Affecting Retained Earnings | 23.0M | 25.0M | 24.0M | 21.0M | 32.0M |
| Other Equity Adjustments | 23.0M | 25.0M | 24.0M | 21.0M | 32.0M |
| Common Stock Equity | 11.0B | 11.4B | 11.0B | 11.0B | 11.1B |
| Stockholders Equity | 11.0B | 11.4B | 11.0B | 11.0B | 11.1B |
| Total Equity Gross Minority Interest | 11.2B | 11.6B | 11.2B | 11.1B | 11.3B |
| Minority Interest | 164.0M | 178.0M | 173.0M | 147.0M | 175.0M |
| Total Capitalization | 16.9B | 19.8B | 19.1B | 19.0B | 18.7B |
| Net Tangible Assets | 1.4B | 1.7B | 1.4B | 1.3B | 1.3B |
| Tangible Book Value | 1.4B | 1.7B | 1.4B | 1.3B | 1.3B |
| Working Capital | 1.1B | 3.9B | 3.6B | 3.4B | 2.8B |
| Invested Capital | 16.9B | 20.8B | 20.2B | 20.2B | 20.1B |
| Total Debt | 16.3B | 19.9B | 19.5B | 19.4B | 19.2B |
| Net Debt | 4.9B | 8.1B | 8.3B | 8.3B | 7.5B |
| Share Issued | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Ordinary Shares Number | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Allowance For Doubtful Accounts Receivable | -36.0M | -269.0M | -273.0M | -271.0M | -302.0M |
| Assets Held For Sale Current | 5.7B | 35.0M | 48.0M | 46.0M | 47.0M |
| Buildings And Improvements | 2.0B | -- | -- | -- | 1.5B |
| Capital Lease Obligations | 10.4B | 10.5B | 10.3B | 10.2B | 10.2B |
| Construction In Progress | 874.0M | -- | -- | -- | 1.4B |
| Current Capital Lease Obligation | 1.6B | 1.6B | 1.6B | 1.5B | 1.6B |
| Current Deferred Liabilities | 124.0M | 1.1B | 893.0M | 729.0M | 565.0M |
| Current Provisions | 85.0M | 91.0M | 93.0M | 95.0M | 252.0M |
| Defined Pension Benefit | 254.0M | -- | -- | -- | 356.0M |
| Dueto Related Parties Current | 396.0M | 360.0M | 353.0M | 351.0M | 255.0M |
| Employee Benefits | 359.0M | -- | -- | -- | 367.0M |
| Gross Accounts Receivable | 1.3B | 5.7B | 5.6B | 5.5B | 6.0B |
| Income Tax Payable | 102.0M | 82.0M | 150.0M | 84.0M | 86.0M |
| Inventories Adjustments Allowances | -29.0M | -- | -- | -- | -32.0M |
| Investment Properties | 57.0M | 60.0M | 56.0M | 58.0M | 56.0M |
| Investmentin Financial Assets | 0.00 | -- | -- | -- | 120.0M |
| Investments In Other Ventures Under Equity Method | 81.0M | -- | -- | -- | 85.0M |
| Land And Improvements | 151.0M | -- | -- | -- | 172.0M |
| Leases | 20.8B | -- | -- | -- | 19.1B |
| Line Of Credit | -- | 0.00 | 59.0M | 22.0M | 0.00 |
| Long Term Provisions | 134.0M | 134.0M | 131.0M | 129.0M | 135.0M |
| Machinery Furniture Equipment | 12.8B | -- | -- | -- | 11.7B |
| Non Current Accounts Receivable | 59.0M | -- | -- | -- | 194.0M |
| Non Current Deferred Assets | 66.0M | 121.0M | 116.0M | 111.0M | 118.0M |
| Non Current Deferred Liabilities | 1.0B | 890.0M | 807.0M | 881.0M | 957.0M |
| Non Current Deferred Taxes Assets | 66.0M | 121.0M | 116.0M | 111.0M | 118.0M |
| Non Current Deferred Taxes Liabilities | 1.0B | 890.0M | 807.0M | 881.0M | 957.0M |
| Non Current Pension And Other Postretirement Benefit Plans | 217.0M | -- | -- | -- | 231.0M |
| Other Current Borrowings | -- | 1.1B | 1.0B | 1.1B | 1.4B |
| Other Inventories | 6.5B | -- | -- | -- | 6.4B |
| Other Properties | 245.0M | 15.9B | 15.4B | 15.3B | 195.0M |
| Preferred Shares Number | -- | -- | -- | -- | 9.0M |
| Preferred Stock | -- | -- | -- | -- | 0.00 |
| Preferred Stock Equity | -- | -- | -- | -- | -- |
| Properties | 0.00 | -- | -- | -- | 0.00 |
| Total Tax Payable | 102.0M | 82.0M | 150.0M | 84.0M | 86.0M |
| Treasury Shares Number | 3.2M | 3.4M | -- | 2.4M | 3.9M |
| 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 | 2.2B | 1.8B | 1.4B | 953.0M | 1.6B |
| Cash Flow From Continuing Operating Activities | 2.2B | 1.8B | 1.4B | 953.0M | 1.6B |
| Depreciation And Amortization | 621.0M | 810.0M | 600.0M | 705.0M | 694.0M |
| Depreciation Amortization Depletion | 621.0M | 810.0M | 600.0M | 705.0M | 694.0M |
| Deferred Tax | 377.0M | 293.0M | 270.0M | 186.0M | 185.0M |
| Deferred Income Tax | 377.0M | 293.0M | 270.0M | 186.0M | 185.0M |
| Change In Working Capital | 476.0M | -133.0M | -214.0M | -418.0M | 176.0M |
| Changes In Account Receivables | -127.0M | -108.0M | -79.0M | 442.0M | -534.0M |
| Change In Receivables | -127.0M | -108.0M | -79.0M | 442.0M | -534.0M |
| Change In Inventory | 259.0M | -273.0M | -176.0M | 29.0M | -290.0M |
| Change In Payables And Accrued Expense | 220.0M | 391.0M | 23.0M | -690.0M | 964.0M |
| Change In Payable | 220.0M | 391.0M | 23.0M | -690.0M | 964.0M |
| Change In Other Working Capital | 99.0M | -- | -16.0M | -157.0M | -21.0M |
| Other Non Cash Items | 230.0M | 276.0M | 190.0M | 189.0M | 221.0M |
| Capital Expenditure | -722.0M | -685.0M | -409.0M | -246.0M | -628.0M |
| Purchase Of PPE | -634.0M | -571.0M | -331.0M | -176.0M | -537.0M |
| Net PPE Purchase And Sale | -634.0M | -571.0M | -331.0M | -176.0M | -537.0M |
| Purchase Of Investment | 192.0M | -- | -300.0M | -- | -112.0M |
| Sale Of Investment | 0.00 | 375.0M | 99.0M | -- | -1.0M |
| Net Investment Purchase And Sale | 192.0M | 375.0M | -201.0M | -321.0M | -113.0M |
| Investing Cash Flow | -585.0M | -318.0M | -440.0M | -545.0M | -715.0M |
| Cash Flow From Continuing Investing Activities | -585.0M | -318.0M | -440.0M | -545.0M | -715.0M |
| Issuance Of Debt | -216.0M | 642.0M | 179.0M | 513.0M | 209.0M |
| Repayment Of Debt | -528.0M | -757.0M | -468.0M | -592.0M | -106.0M |
| Net Issuance Payments Of Debt | -494.0M | -124.0M | -289.0M | -79.0M | 103.0M |
| Issuance Of Capital Stock | 9.0M | 4.0M | 24.0M | 22.0M | 2.0M |
| Repurchase Of Capital Stock | -595.0M | -464.0M | -433.0M | -677.0M | -357.0M |
| Net Common Stock Issuance | -586.0M | -460.0M | -409.0M | -430.0M | -355.0M |
| Common Stock Payments | -595.0M | -464.0M | -433.0M | -452.0M | -357.0M |
| Financing Cash Flow | -1.6B | -1.0B | -907.0M | -931.0M | -409.0M |
| Cash Flow From Continuing Financing Activities | -1.6B | -1.0B | -907.0M | -931.0M | -409.0M |
| Effect Of Exchange Rate Changes | -2.0M | 2.0M | -4.0M | -1.0M | 6.0M |
| Changes In Cash | 44.0M | 398.0M | 16.0M | -523.0M | 463.0M |
| Beginning Cash Position | 1.4B | 950.0M | 938.0M | 1.5B | 993.0M |
| End Cash Position | 1.4B | 1.4B | 950.0M | 938.0M | 1.5B |
| Free Cash Flow | 1.5B | 1.1B | 954.0M | 707.0M | 959.0M |
| Asset Impairment Charge | 39.0M | 6.0M | 1.0M | -- | 31.0M |
| Cash Dividends Paid | -166.0M | -335.0M | -153.0M | -158.0M | 0.00 |
| Change In Account Payable | 220.0M | 391.0M | 23.0M | -690.0M | 964.0M |
| Change In Prepaid Assets | 25.0M | -143.0M | 34.0M | -42.0M | 57.0M |
| Common Stock Issuance | 9.0M | 4.0M | 24.0M | 22.0M | 2.0M |
| Interest Paid Cff | -216.0M | -282.0M | -199.0M | -211.0M | -201.0M |
| Interest Received Cfo | 4.0M | 5.0M | 5.0M | 6.0M | 3.0M |
| Long Term Debt Issuance | -216.0M | 642.0M | 142.0M | 491.0M | 363.0M |
| Long Term Debt Payments | -378.0M | -757.0M | -468.0M | -292.0M | -293.0M |
| Net Income From Continuing Operations | 649.0M | 810.0M | 757.0M | 522.0M | 468.0M |
| Net Intangibles Purchase And Sale | -88.0M | -114.0M | -78.0M | -70.0M | -91.0M |
| Net Investment Properties Purchase And Sale | -- | -- | -- | -- | -- |
| Net Long Term Debt Issuance | -594.0M | -115.0M | -326.0M | 199.0M | 70.0M |
| Net Other Financing Charges | -106.0M | 166.0M | 143.0M | 172.0M | 44.0M |
| Net Other Investing Changes | -55.0M | -8.0M | 170.0M | 22.0M | 26.0M |
| Net Preferred Stock Issuance | 0.00 | 0.00 | 0.00 | -225.0M | -- |
| Net Short Term Debt Issuance | 100.0M | -9.0M | 37.0M | -278.0M | 33.0M |
| Operating Gains Losses | -- | -- | 1.0M | -- | -- |
| Pension And Employee Benefit Expense | -- | -- | 1.0M | -- | -- |
| Preferred Stock Payments | 0.00 | 0.00 | 0.00 | -225.0M | -- |
| Purchase Of Intangibles | -88.0M | -114.0M | -78.0M | -70.0M | -91.0M |
| Sale Of Investment Properties | -- | -- | -- | -- | -- |
| Short Term Debt Issuance | -- | -- | 37.0M | 22.0M | -- |
| Short Term Debt Payments | -- | -- | -- | -300.0M | 187.0M |
| Taxes Refund Paid | -203.0M | -316.0M | -246.0M | -237.0M | -218.0M |