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 | 42.0B | 42.8B | 42.8B | 37.8B | 36.2B |
| Operating Revenue | 42.0B | 42.8B | 42.8B | 37.8B | 36.2B |
| Cost Of Revenue | 36.0B | 37.0B | 37.2B | 33.2B | 31.1B |
| Gross Profit | 6.0B | 5.8B | 5.6B | 4.7B | 5.1B |
| Selling General And Administration | 2.2B | 2.1B | 2.0B | 1.7B | 1.7B |
| Depreciation And Amortization In Income Statement | 1.7B | 1.6B | 1.5B | 1.4B | 1.5B |
| Operating Expense | 3.9B | 3.7B | 3.6B | 3.1B | 3.2B |
| Operating Income | 2.1B | 2.1B | 2.0B | 1.6B | 1.9B |
| EBIT | 1.6B | 1.9B | 1.8B | 1.0B | 2.1B |
| Interest Expense | 275.0M | 309.0M | 242.0M | 126.0M | 122.0M |
| Interest Expense Non Operating | 275.0M | 309.0M | 242.0M | 126.0M | 122.0M |
| Interest Income | 66.0M | 98.0M | 86.0M | 45.0M | 44.0M |
| Interest Income Non Operating | 66.0M | 98.0M | 86.0M | 45.0M | 44.0M |
| Net Interest Income | -209.0M | -211.0M | -156.0M | -81.0M | -78.0M |
| Other Income Expense | -593.0M | -363.0M | -276.0M | -614.0M | 110.0M |
| Other Non Operating Income Expenses | -- | 196.0M | -- | -- | -- |
| Special Income Charges | -735.0M | -631.0M | -277.0M | -279.0M | -36.0M |
| Restructuring And Mergern Acquisition | 118.0M | 209.0M | 171.0M | 22.0M | -39.0M |
| Write Off | 2.0M | 343.0M | 90.0M | 199.0M | 0.00 |
| Gain On Sale Of Security | -1.0M | -29.0M | -111.0M | -424.0M | -2.0M |
| Earnings From Equity Interest | 143.0M | 101.0M | 112.0M | 89.0M | 148.0M |
| Pretax Income | 1.3B | 1.5B | 1.6B | 878.0M | 1.9B |
| Tax Provision | 425.0M | 446.0M | 320.0M | 237.0M | 395.0M |
| Tax Effect Of Unusual Items | -239.1M | -190.9M | -77.3M | -189.8M | -7.7M |
| Net Income From Continuing And Discontinued Operation | 829.0M | 1.0B | 1.2B | 592.0M | 1.5B |
| Net Income From Continuing Operation Net Minority Interest | 829.0M | 1.0B | 1.2B | 592.0M | 1.5B |
| Net Income Including Noncontrolling Interests | 883.0M | 1.1B | 1.3B | 641.0M | 1.6B |
| Minority Interests | -54.0M | -87.0M | -73.0M | -49.0M | -39.0M |
| Net Income Common Stockholders | 829.0M | 1.0B | 1.2B | 592.0M | 1.5B |
| Net Income | 829.0M | 1.0B | 1.2B | 592.0M | 1.5B |
| EBITDA | 3.5B | 3.8B | 3.6B | 2.4B | 3.6B |
| Normalized EBITDA | 4.2B | 4.4B | 4.0B | 3.1B | 3.6B |
| Reconciled Depreciation | 1.9B | 1.9B | 1.7B | 1.4B | 1.5B |
| Basic EPS | 2.94 | 3.52 | 4.24 | 2.04 | 5.04 |
| Diluted EPS | 2.93 | 3.52 | 4.23 | 2.03 | 5.00 |
| Basic Average Shares | 281.7M | 286.8M | 286.2M | 290.4M | 300.6M |
| Diluted Average Shares | 282.5M | 286.9M | 286.6M | 291.2M | 302.8M |
| Total Unusual Items | -736.0M | -660.0M | -388.0M | -703.0M | -38.0M |
| Total Unusual Items Excluding Goodwill | -736.0M | -660.0M | -388.0M | -703.0M | -38.0M |
| Tax Rate For Calcs | 0.32 | 0.29 | 0.20 | 0.27 | 0.20 |
| Normalized Income | 1.3B | 1.5B | 1.5B | 1.1B | 1.5B |
| Amortization | 111.0M | 112.0M | 88.0M | 46.0M | -- |
| Amortization Of Intangibles Income Statement | 111.0M | 112.0M | 88.0M | 46.0M | -- |
| Depreciation Amortization Depletion Income Statement | 1.7B | 1.6B | 1.5B | 1.4B | 1.5B |
| Depreciation Income Statement | 1.5B | 1.5B | 1.4B | 1.4B | -- |
| Diluted NI Availto Com Stockholders | 829.0M | 1.0B | 1.2B | 592.0M | 1.5B |
| Gain On Sale Of Business | -- | 0.00 | -16.0M | -58.0M | -75.0M |
| Impairment Of Capital Assets | 615.0M | 79.0M | 0.00 | -- | -- |
| Net Income Continuous Operations | 883.0M | 1.1B | 1.3B | 641.0M | 1.6B |
| Net Non Operating Interest Income Expense | -209.0M | -211.0M | -156.0M | -81.0M | -78.0M |
| Other Special Charges | -- | -- | -- | -- | -100.0M |
| Reconciled Cost Of Revenue | 35.8B | 36.7B | 37.0B | 33.2B | 31.1B |
| Total Expenses | 39.9B | 40.7B | 40.8B | 36.3B | 34.3B |
| Total Operating Income As Reported | -- | -- | -- | -- | 1.9B |
| 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 | 1.6B | 1.2B | 1.2B | 1.2B | 2.9B |
| Cash Cash Equivalents And Short Term Investments | 1.6B | 1.2B | 1.2B | 1.2B | 2.9B |
| Cash Equivalents | -- | -- | 502.0M | 720.0M | 2.0B |
| Cash Financial | -- | -- | 696.0M | 514.0M | 964.0M |
| Accounts Receivable | 7.6B | 7.4B | 7.9B | 6.8B | 6.3B |
| Receivables | 7.6B | 7.4B | 7.9B | 6.8B | 6.3B |
| Inventory | 4.1B | 4.2B | 4.6B | 4.2B | 4.0B |
| Prepaid Assets | -- | -- | -- | -- | 278.0M |
| Other Current Assets | 407.0M | 344.0M | 352.0M | 320.0M | 278.0M |
| Current Assets | 13.7B | 13.1B | 14.0B | 12.5B | 13.5B |
| Gross PPE | 26.6B | 24.6B | 24.2B | 21.8B | 22.0B |
| Accumulated Depreciation | -15.2B | -13.1B | -12.8B | -12.0B | -12.0B |
| Net PPE | 11.4B | 11.5B | 11.4B | 9.8B | 10.0B |
| Goodwill | 2.5B | 2.7B | 2.8B | 2.0B | 2.1B |
| Goodwill And Other Intangible Assets | 3.0B | 3.4B | 3.6B | 2.5B | 2.6B |
| Other Intangible Assets | 490.0M | 738.0M | 876.0M | 452.0M | 493.0M |
| Investments And Advances | 1.1B | 1.0B | 1.2B | 1.3B | 1.4B |
| Long Term Equity Investment | 846.0M | 794.0M | 987.0M | 997.0M | 1.0B |
| Other Non Current Assets | 831.0M | 813.0M | 953.0M | 764.0M | 726.0M |
| Total Non Current Assets | 17.7B | 17.9B | 18.2B | 15.3B | 15.6B |
| Total Assets | 31.4B | 31.0B | 32.3B | 27.8B | 29.1B |
| Current Debt | 27.0M | 979.0M | 1.3B | 662.0M | 455.0M |
| Current Debt And Capital Lease Obligation | 355.0M | 1.3B | 1.7B | 938.0M | 729.0M |
| Accounts Payable | 6.9B | 7.2B | 7.8B | 7.0B | 6.5B |
| Payables | 7.0B | 7.4B | 8.0B | 7.1B | 6.7B |
| Payables And Accrued Expenses | 10.6B | 10.8B | 11.5B | 10.1B | 9.7B |
| Current Accrued Expenses | 3.6B | 3.4B | 3.5B | 3.0B | 3.0B |
| Current Liabilities | 11.0B | 12.1B | 13.2B | 11.0B | 10.4B |
| Long Term Debt | 4.7B | 4.1B | 4.2B | 2.8B | 3.5B |
| Long Term Debt And Capital Lease Obligation | 6.3B | 5.8B | 5.5B | 4.1B | 4.9B |
| Long Term Capital Lease Obligation | 1.6B | 1.7B | 1.3B | 1.3B | 1.4B |
| Other Non Current Liabilities | 29.0M | 41.0M | 40.0M | 52.0M | 57.0M |
| Total Non Current Liabilities Net Minority Interest | 7.6B | 7.0B | 6.7B | 5.5B | 6.5B |
| Total Liabilities Net Minority Interest | 18.6B | 19.1B | 20.0B | 16.5B | 16.9B |
| Common Stock | 3.4B | 3.4B | 3.4B | 3.3B | 3.4B |
| Capital Stock | 3.4B | 3.4B | 3.4B | 3.3B | 3.4B |
| Additional Paid In Capital | 142.0M | 149.0M | 125.0M | 111.0M | 102.0M |
| Retained Earnings | 9.8B | 9.6B | 9.3B | 8.6B | 9.2B |
| Gains Losses Not Affecting Retained Earnings | -766.0M | -1.6B | -898.0M | -1.1B | -900.0M |
| Other Equity Adjustments | -766.0M | -1.6B | -898.0M | -1.1B | -900.0M |
| Common Stock Equity | 12.5B | 11.5B | 11.9B | 10.9B | 11.8B |
| Stockholders Equity | 12.5B | 11.5B | 11.9B | 10.9B | 11.8B |
| Total Equity Gross Minority Interest | 12.8B | 11.9B | 12.3B | 11.3B | 12.2B |
| Minority Interest | 346.0M | 418.0M | 393.0M | 400.0M | 389.0M |
| Total Capitalization | 17.2B | 15.7B | 16.1B | 13.8B | 15.4B |
| Net Tangible Assets | 9.5B | 8.1B | 8.2B | 8.5B | 9.2B |
| Tangible Book Value | 9.5B | 8.1B | 8.2B | 8.5B | 9.2B |
| Working Capital | 2.7B | 1.0B | 803.0M | 1.5B | 3.1B |
| Invested Capital | 17.2B | 16.6B | 17.4B | 14.4B | 15.8B |
| Total Debt | 6.7B | 7.1B | 7.2B | 5.1B | 5.7B |
| Net Debt | 3.1B | 3.9B | 4.3B | 2.3B | 1.0B |
| Share Issued | 280.2M | 282.9M | 286.6M | 285.9M | 297.9M |
| Ordinary Shares Number | 280.2M | 282.9M | 286.6M | 285.9M | 297.9M |
| Available For Sale Securities | 225.0M | 206.0M | 230.0M | 290.0M | 358.0M |
| Buildings And Improvements | 3.4B | 3.1B | 3.0B | 2.7B | 2.7B |
| Capital Lease Obligations | 2.0B | 2.0B | 1.7B | 1.6B | 1.7B |
| Commercial Paper | 0.00 | 271.0M | 511.0M | -- | -- |
| Current Capital Lease Obligation | 328.0M | 293.0M | 399.0M | 276.0M | 274.0M |
| Defined Pension Benefit | 75.0M | 57.0M | 41.0M | 41.0M | 41.0M |
| Derivative Product Liabilities | 19.0M | 83.0M | 8.0M | 31.0M | 8.0M |
| Employee Benefits | 554.0M | 533.0M | 591.0M | 548.0M | 700.0M |
| Financial Assets | 83.0M | 25.0M | 38.0M | 168.0M | 215.0M |
| Finished Goods | 661.0M | 664.0M | 569.0M | 537.0M | 506.0M |
| Held To Maturity Securities | 32.0M | 31.0M | 22.0M | 0.00 | -- |
| Income Tax Payable | 106.0M | 192.0M | 125.0M | 93.0M | 200.0M |
| Investmentin Financial Assets | 257.0M | 237.0M | 252.0M | 290.0M | 358.0M |
| Investments In Other Ventures Under Equity Method | 846.0M | 794.0M | 987.0M | 997.0M | 1.0B |
| Land And Improvements | 186.0M | 177.0M | 188.0M | 181.0M | 198.0M |
| Long Term Provisions | 34.0M | 32.0M | 37.0M | 35.0M | 37.0M |
| Machinery Furniture Equipment | 21.1B | 19.4B | 19.2B | 17.3B | 17.4B |
| Non Current Accounts Receivable | 286.0M | 239.0M | 321.0M | 262.0M | 184.0M |
| Non Current Deferred Assets | 864.0M | 819.0M | 621.0M | 491.0M | 421.0M |
| Non Current Deferred Liabilities | 518.0M | 374.0M | 407.0M | 519.0M | 567.0M |
| Non Current Deferred Revenue | 216.0M | 97.0M | 223.0M | 207.0M | 127.0M |
| Non Current Deferred Taxes Assets | 864.0M | 819.0M | 621.0M | 491.0M | 421.0M |
| Non Current Deferred Taxes Liabilities | 302.0M | 277.0M | 184.0M | 312.0M | 440.0M |
| Other Current Borrowings | 27.0M | 708.0M | 819.0M | 662.0M | 455.0M |
| Other Inventories | 1.3B | 1.4B | 1.7B | 1.6B | 1.5B |
| Other Properties | 1.9B | 1.9B | 1.7B | 1.6B | 1.7B |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 1.6B | 1.7B | 1.9B | 1.6B | 1.6B |
| Total Tax Payable | 106.0M | 192.0M | 125.0M | 93.0M | 200.0M |
| Tradeand Other Payables Non Current | 101.0M | 143.0M | 167.0M | 136.0M | 147.0M |
| Work In Process | 484.0M | 446.0M | 450.0M | 427.0M | 400.0M |
| 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 | 3.6B | 3.6B | 3.1B | 2.1B | 2.9B |
| Cash Flow From Continuing Operating Activities | 3.6B | 3.6B | 3.1B | 2.1B | 2.9B |
| Depreciation And Amortization | 1.9B | 1.9B | 1.7B | 1.4B | 1.5B |
| Depreciation Amortization Depletion | 1.9B | 1.9B | 1.7B | 1.4B | 1.5B |
| Deferred Tax | -41.0M | -110.0M | -261.0M | -202.0M | -76.0M |
| Deferred Income Tax | -41.0M | -110.0M | -261.0M | -202.0M | -76.0M |
| Change In Working Capital | 347.0M | 681.0M | 221.0M | -322.0M | -189.0M |
| Changes In Account Receivables | 835.0M | 454.0M | -819.0M | -798.0M | 114.0M |
| Change In Receivables | 835.0M | 454.0M | -819.0M | -913.0M | 114.0M |
| Change In Inventory | 248.0M | 153.0M | -196.0M | -448.0M | -653.0M |
| Change In Payables And Accrued Expense | -560.0M | 13.0M | 1.2B | 1.1B | 266.0M |
| Change In Payable | -697.0M | -357.0M | 609.0M | 812.0M | 160.0M |
| Change In Other Working Capital | -176.0M | 96.0M | -1.0M | -115.0M | 123.0M |
| Other Non Cash Items | 462.0M | -39.0M | 118.0M | 583.0M | 129.0M |
| Capital Expenditure | -1.3B | -2.2B | -2.5B | -1.7B | -1.4B |
| Purchase Of PPE | -1.3B | -2.2B | -2.5B | -1.7B | -1.4B |
| Net PPE Purchase And Sale | -1.2B | -1.9B | -2.5B | -1.7B | -1.4B |
| Purchase Of Business | -1.0M | -86.0M | -1.5B | -3.0M | -530.0M |
| Sale Of Business | -- | 219.0M | 122.0M | 124.0M | 81.0M |
| Purchase Of Investment | -507.0M | -629.0M | -573.0M | -484.0M | -471.0M |
| Sale Of Investment | -- | -- | -- | -- | 81.0M |
| Net Investment Purchase And Sale | -507.0M | -629.0M | -573.0M | -484.0M | -471.0M |
| Investing Cash Flow | -1.7B | -2.6B | -4.5B | -2.0B | -2.3B |
| Cash Flow From Continuing Investing Activities | -1.7B | -2.6B | -4.5B | -2.0B | -2.3B |
| Issuance Of Debt | 1.0B | 778.0M | 2.1B | 65.0M | 55.0M |
| Repayment Of Debt | -1.4B | -815.0M | -644.0M | -456.0M | -121.0M |
| Net Issuance Payments Of Debt | -667.0M | -219.0M | 1.9B | -391.0M | -167.0M |
| Repurchase Of Capital Stock | -137.0M | -207.0M | -13.0M | -780.0M | -517.0M |
| Net Common Stock Issuance | -137.0M | -207.0M | -13.0M | -780.0M | -517.0M |
| Common Stock Dividend Paid | -544.0M | -539.0M | -522.0M | -514.0M | -514.0M |
| Common Stock Payments | -137.0M | -207.0M | -13.0M | -780.0M | -517.0M |
| Financing Cash Flow | -1.5B | -989.0M | 1.3B | -1.7B | -1.1B |
| Cash Flow From Continuing Financing Activities | -1.5B | -989.0M | 1.3B | -1.7B | -1.1B |
| Effect Of Exchange Rate Changes | -1.0M | -4.0M | -19.0M | -38.0M | 23.0M |
| Changes In Cash | 366.0M | 53.0M | -17.0M | -1.7B | -449.0M |
| Beginning Cash Position | 1.2B | 1.2B | 1.2B | 2.9B | 3.4B |
| End Cash Position | 1.6B | 1.2B | 1.2B | 1.2B | 2.9B |
| Free Cash Flow | 2.3B | 1.5B | 601.0M | 414.0M | 1.5B |
| Amortization Cash Flow | 378.0M | 418.0M | 312.0M | 46.0M | 255.0M |
| Amortization Of Intangibles | 378.0M | 418.0M | 312.0M | 46.0M | 255.0M |
| Asset Impairment Charge | -- | -- | -- | 373.0M | 0.00 |
| Cash Dividends Paid | -544.0M | -539.0M | -522.0M | -514.0M | -514.0M |
| Change In Account Payable | -697.0M | -357.0M | 609.0M | 812.0M | 160.0M |
| Change In Accrued Expense | 137.0M | 370.0M | 613.0M | 270.0M | 106.0M |
| Change In Income Tax Payable | -- | -- | -- | -- | 123.0M |
| Change In Prepaid Assets | 0.00 | -35.0M | 15.0M | -43.0M | -39.0M |
| Change In Tax Payable | -- | -- | -- | -- | 123.0M |
| Depreciation | 1.5B | 1.5B | 1.4B | 1.4B | 1.5B |
| Dividend Received Cfo | 22.0M | 78.0M | 37.0M | -- | -- |
| Earnings Losses From Equity Investments | -- | -- | 37.0M | -24.0M | 11.0M |
| Gain Loss On Investment Securities | -- | -- | -- | -24.0M | 11.0M |
| Long Term Debt Issuance | 1.0B | 778.0M | 2.1B | 54.0M | 55.0M |
| Long Term Debt Payments | -1.4B | -815.0M | -644.0M | -456.0M | -121.0M |
| Net Business Purchase And Sale | -1.0M | -86.0M | -1.4B | 121.0M | -449.0M |
| Net Income From Continuing Operations | 883.0M | 1.1B | 1.3B | 641.0M | 1.6B |
| Net Long Term Debt Issuance | -349.0M | -37.0M | 1.4B | -402.0M | -66.0M |
| Net Other Financing Charges | -186.0M | -54.0M | -74.0M | -56.0M | -54.0M |
| Net Other Investing Changes | -- | -- | -- | -- | 50.0M |
| Net Short Term Debt Issuance | -318.0M | -182.0M | 487.0M | 11.0M | -101.0M |
| Operating Gains Losses | -- | -- | 37.0M | -24.0M | 11.0M |
| Proceeds From Stock Option Exercised | 2.0M | 30.0M | 20.0M | 8.0M | 146.0M |
| Sale Of PPE | 121.0M | 301.0M | -- | 6.0M | -- |
| Short Term Debt Issuance | -- | -- | 487.0M | 11.0M | -- |
| Short Term Debt Payments | -- | -- | -- | -- | -101.0M |