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 | 10.8B | 10.5B | 10.6B | 10.1B | 10.6B |
| Operating Revenue | 10.8B | 10.5B | 10.6B | 10.1B | 10.6B |
| Cost Of Revenue | 9.1B | 9.0B | 9.1B | 8.8B | 9.1B |
| Gross Profit | 1.8B | 1.5B | 1.5B | 1.2B | 1.6B |
| Selling General And Administration | 586.0M | 531.0M | 565.0M | 539.0M | 535.0M |
| Depreciation And Amortization In Income Statement | 430.0M | 416.0M | 417.0M | 395.0M | 404.0M |
| Operating Expense | 1.0B | 947.0M | 982.0M | 934.0M | 939.0M |
| Operating Income | 738.0M | 542.0M | 522.0M | 308.0M | 616.0M |
| EBIT | 222.0M | 538.0M | 548.0M | 275.0M | 531.0M |
| Interest Expense | 108.0M | 65.0M | 52.0M | 50.0M | 150.0M |
| Interest Expense Non Operating | 108.0M | 65.0M | 52.0M | 50.0M | 150.0M |
| Net Interest Income | -42.0M | -65.0M | -52.0M | -50.0M | -52.0M |
| Other Income Expense | -582.0M | -4.0M | 26.0M | -33.0M | -183.0M |
| Special Income Charges | -630.0M | -48.0M | -13.0M | -44.0M | -401.0M |
| Restructuring And Mergern Acquisition | 15.0M | 46.0M | 13.0M | 44.0M | 125.0M |
| Write Off | 0.00 | 2.0M | 0.00 | 0.00 | 197.0M |
| Gain On Sale Of Security | 1.0M | -- | 7.0M | -9.0M | -23.0M |
| Earnings From Equity Interest | 47.0M | 44.0M | 32.0M | 20.0M | 45.0M |
| Pretax Income | 114.0M | 473.0M | 496.0M | 225.0M | 381.0M |
| Tax Provision | 111.0M | 140.0M | 102.0M | 72.0M | 147.0M |
| Tax Effect Of Unusual Items | -94.3M | -12.7M | -1.2M | -13.6M | -163.6M |
| Net Income From Continuing And Discontinued Operation | -1.0M | 305.0M | 379.0M | 146.0M | 203.0M |
| Net Income From Continuing Operation Net Minority Interest | -1.0M | 305.0M | 379.0M | 146.0M | 203.0M |
| Net Income Including Noncontrolling Interests | 3.0M | 333.0M | 394.0M | 153.0M | 234.0M |
| Minority Interests | -4.0M | -28.0M | -15.0M | -7.0M | -31.0M |
| Net Income Common Stockholders | -1.0M | 305.0M | 379.0M | 146.0M | 203.0M |
| Net Income | -1.0M | 305.0M | 379.0M | 146.0M | 203.0M |
| EBITDA | 919.0M | 954.0M | 965.0M | 670.0M | 1.2B |
| Normalized EBITDA | 1.5B | 1.0B | 971.0M | 723.0M | 1.7B |
| Reconciled Depreciation | 697.0M | 416.0M | 417.0M | 395.0M | 710.0M |
| Basic EPS | 0.00 | -- | 1.35 | 0.52 | 0.71 |
| Diluted EPS | 0.00 | -- | 1.35 | 0.52 | 0.71 |
| Basic Average Shares | 281.2M | -- | 281.7M | 282.0M | 285.9M |
| Diluted Average Shares | 281.2M | -- | 281.7M | 282.0M | 285.9M |
| Total Unusual Items | -629.0M | -48.0M | -6.0M | -53.0M | -424.0M |
| Total Unusual Items Excluding Goodwill | -629.0M | -48.0M | -6.0M | -53.0M | -424.0M |
| Tax Rate For Calcs | 0.15 | 0.27 | 0.20 | 0.26 | 0.39 |
| Normalized Income | 533.6M | 340.3M | 383.8M | 185.4M | 463.4M |
| Amortization | 29.0M | 27.0M | 29.0M | 26.0M | 28.0M |
| Amortization Of Intangibles Income Statement | 29.0M | 27.0M | 29.0M | 26.0M | 28.0M |
| Depreciation Amortization Depletion Income Statement | 430.0M | 416.0M | 417.0M | 395.0M | 404.0M |
| Depreciation Income Statement | 401.0M | 389.0M | 388.0M | 369.0M | 376.0M |
| Diluted NI Availto Com Stockholders | -1.0M | 305.0M | 379.0M | 146.0M | 203.0M |
| Gain On Sale Of Business | -- | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | 3.0M | 333.0M | 394.0M | 153.0M | 234.0M |
| Net Non Operating Interest Income Expense | -42.0M | -65.0M | -52.0M | -50.0M | -52.0M |
| Reconciled Cost Of Revenue | 8.8B | 9.0B | 9.1B | 8.8B | 8.8B |
| Total Expenses | 10.1B | 9.9B | 10.1B | 9.8B | 10.0B |
| 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 | 1.6B | 1.3B | 1.5B | 1.1B | 1.2B |
| Cash Cash Equivalents And Short Term Investments | 1.6B | 1.3B | 1.5B | 1.1B | 1.2B |
| Accounts Receivable | 7.6B | 8.4B | 8.3B | 8.2B | 7.4B |
| Receivables | 7.6B | 8.4B | 8.3B | 8.2B | 7.4B |
| Inventory | 4.1B | 4.2B | 4.2B | 4.2B | 4.2B |
| Other Current Assets | 407.0M | 316.0M | 333.0M | 358.0M | 344.0M |
| Current Assets | 13.7B | 14.3B | 14.3B | 13.8B | 13.1B |
| Gross PPE | 26.6B | 11.7B | 11.9B | 11.7B | 24.6B |
| Accumulated Depreciation | -15.2B | -- | -- | -- | -13.1B |
| Net PPE | 11.4B | 11.7B | 11.9B | 11.7B | 11.5B |
| Goodwill | 2.5B | 2.9B | 2.9B | 2.8B | 2.7B |
| Goodwill And Other Intangible Assets | 3.0B | 3.6B | 3.6B | 3.5B | 3.4B |
| Other Intangible Assets | 490.0M | 707.0M | 738.0M | 719.0M | 738.0M |
| Investments And Advances | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B |
| Long Term Equity Investment | 846.0M | 850.0M | 874.0M | 818.0M | 794.0M |
| Other Non Current Assets | 831.0M | 848.0M | 843.0M | 861.0M | 813.0M |
| Total Non Current Assets | 17.7B | 18.6B | 18.8B | 18.3B | 17.9B |
| Total Assets | 31.4B | 32.9B | 33.2B | 32.1B | 31.0B |
| Current Debt | 27.0M | 466.0M | 1.1B | 1.6B | 979.0M |
| Current Debt And Capital Lease Obligation | 355.0M | 789.0M | 1.4B | 1.9B | 1.3B |
| Accounts Payable | 6.9B | 7.3B | 7.1B | 7.4B | 7.2B |
| Payables | 7.0B | 7.4B | 7.2B | 7.5B | 7.4B |
| Payables And Accrued Expenses | 10.6B | 11.3B | 11.0B | 11.1B | 10.8B |
| Current Accrued Expenses | 3.6B | 3.9B | 3.8B | 3.6B | 3.4B |
| Current Liabilities | 11.0B | 12.1B | 12.3B | 13.1B | 12.1B |
| Long Term Debt | 4.7B | 5.0B | 5.0B | 3.9B | 4.1B |
| Long Term Debt And Capital Lease Obligation | 6.3B | 6.7B | 6.7B | 5.6B | 5.8B |
| Long Term Capital Lease Obligation | 1.6B | 1.7B | 1.8B | 1.7B | 1.7B |
| Other Non Current Liabilities | 29.0M | 298.0M | 267.0M | 349.0M | 41.0M |
| Total Non Current Liabilities Net Minority Interest | 7.6B | 7.9B | 7.9B | 6.8B | 7.0B |
| Total Liabilities Net Minority Interest | 18.6B | 20.0B | 20.3B | 19.9B | 19.1B |
| Common Stock | 3.4B | 3.4B | 3.4B | 3.4B | 3.4B |
| Capital Stock | 3.4B | 3.4B | 3.4B | 3.4B | 3.4B |
| Additional Paid In Capital | 142.0M | 141.0M | 161.0M | 143.0M | 149.0M |
| Retained Earnings | 9.8B | 10.0B | 9.8B | 9.6B | 9.6B |
| Gains Losses Not Affecting Retained Earnings | -766.0M | -880.0M | -848.0M | -1.3B | -1.6B |
| Other Equity Adjustments | -766.0M | -880.0M | -848.0M | -1.3B | -1.6B |
| Common Stock Equity | 12.5B | 12.6B | 12.5B | 11.7B | 11.5B |
| Stockholders Equity | 12.5B | 12.6B | 12.5B | 11.7B | 11.5B |
| Total Equity Gross Minority Interest | 12.8B | 12.9B | 12.9B | 12.2B | 11.9B |
| Minority Interest | 346.0M | 336.0M | 421.0M | 426.0M | 418.0M |
| Total Capitalization | 17.2B | 17.6B | 17.5B | 15.6B | 15.7B |
| Net Tangible Assets | 9.5B | 9.0B | 8.9B | 8.3B | 8.1B |
| Tangible Book Value | 9.5B | 9.0B | 8.9B | 8.3B | 8.1B |
| Working Capital | 2.7B | 2.2B | 2.0B | 731.0M | 1.0B |
| Invested Capital | 17.2B | 18.0B | 18.5B | 17.3B | 16.6B |
| Total Debt | 6.7B | 7.5B | 8.1B | 7.6B | 7.1B |
| Net Debt | 3.1B | 4.1B | 4.5B | 4.5B | 3.9B |
| Share Issued | 280.2M | 281.8M | 281.8M | 281.7M | 282.9M |
| Ordinary Shares Number | 280.2M | 281.8M | 281.8M | 281.7M | 282.9M |
| Available For Sale Securities | 225.0M | 219.0M | 225.0M | 206.0M | 206.0M |
| Buildings And Improvements | 3.4B | -- | -- | -- | 3.1B |
| Capital Lease Obligations | 2.0B | 2.0B | 2.1B | 2.0B | 2.0B |
| Commercial Paper | 0.00 | 432.0M | 347.0M | 597.0M | 271.0M |
| Current Capital Lease Obligation | 328.0M | 323.0M | 318.0M | 305.0M | 293.0M |
| Defined Pension Benefit | 75.0M | 58.0M | 58.0M | 56.0M | 57.0M |
| Derivative Product Liabilities | 19.0M | -- | -- | -- | 83.0M |
| Employee Benefits | 554.0M | 573.0M | 574.0M | 552.0M | 533.0M |
| Financial Assets | 83.0M | 81.0M | 67.0M | 31.0M | 25.0M |
| Finished Goods | 661.0M | 655.0M | 588.0M | 567.0M | 664.0M |
| Held To Maturity Securities | 32.0M | 29.0M | 30.0M | 31.0M | 31.0M |
| Income Tax Payable | 106.0M | 109.0M | 88.0M | 152.0M | 192.0M |
| Investmentin Financial Assets | 257.0M | 248.0M | 255.0M | 237.0M | 237.0M |
| Investments In Other Ventures Under Equity Method | 846.0M | 850.0M | 874.0M | 818.0M | 794.0M |
| Land And Improvements | 186.0M | -- | -- | -- | 177.0M |
| Line Of Credit | -- | -- | -- | -- | -- |
| Long Term Provisions | 34.0M | -- | -- | -- | 32.0M |
| Machinery Furniture Equipment | 21.1B | -- | -- | -- | 19.4B |
| Non Current Accounts Receivable | 286.0M | 307.0M | 307.0M | 259.0M | 239.0M |
| Non Current Deferred Assets | 864.0M | 920.0M | 902.0M | 862.0M | 819.0M |
| Non Current Deferred Liabilities | 518.0M | 353.0M | 338.0M | 305.0M | 374.0M |
| Non Current Deferred Revenue | 216.0M | -- | -- | -- | 97.0M |
| Non Current Deferred Taxes Assets | 864.0M | 920.0M | 902.0M | 862.0M | 819.0M |
| Non Current Deferred Taxes Liabilities | 302.0M | 353.0M | 338.0M | 305.0M | 277.0M |
| Other Current Borrowings | 27.0M | 34.0M | 708.0M | 1.0B | 708.0M |
| Other Inventories | 1.3B | 1.4B | 1.4B | 1.4B | 1.4B |
| Other Properties | 1.9B | 11.7B | 11.9B | 11.7B | 1.9B |
| Properties | 0.00 | -- | -- | -- | 0.00 |
| Raw Materials | 1.6B | 1.7B | 1.7B | 1.7B | 1.7B |
| Total Tax Payable | 106.0M | 109.0M | 88.0M | 152.0M | 192.0M |
| Tradeand Other Payables Non Current | 101.0M | -- | -- | -- | 143.0M |
| Work In Process | 484.0M | 486.0M | 475.0M | 471.0M | 446.0M |
| 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 | 2.0B | 912.0M | 627.0M | 77.0M | 1.9B |
| Cash Flow From Continuing Operating Activities | 2.0B | 912.0M | 627.0M | 77.0M | 1.9B |
| Depreciation And Amortization | 697.0M | 416.0M | 417.0M | 395.0M | 710.0M |
| Depreciation Amortization Depletion | 697.0M | 416.0M | 417.0M | 395.0M | 710.0M |
| Deferred Tax | 3.0M | -2.0M | -19.0M | -23.0M | 55.0M |
| Deferred Income Tax | 3.0M | -2.0M | -19.0M | -23.0M | 55.0M |
| Change In Working Capital | 827.0M | 125.0M | -135.0M | -470.0M | 1.0B |
| Changes In Account Receivables | 1.5B | -168.0M | 202.0M | -696.0M | 917.0M |
| Change In Receivables | 1.5B | -168.0M | 202.0M | -696.0M | 917.0M |
| Change In Inventory | 112.0M | -34.0M | 131.0M | 39.0M | 269.0M |
| Change In Payables And Accrued Expense | -527.0M | 287.0M | -517.0M | 262.0M | -249.0M |
| Change In Payable | -283.0M | 159.0M | -578.0M | 70.0M | -247.0M |
| Change In Other Working Capital | -- | -- | -- | -65.0M | -- |
| Other Non Cash Items | 440.0M | 43.0M | -37.0M | 16.0M | -130.0M |
| Capital Expenditure | -532.0M | -267.0M | -246.0M | -268.0M | -709.0M |
| Purchase Of PPE | -532.0M | -267.0M | -246.0M | -268.0M | -709.0M |
| Net PPE Purchase And Sale | -411.0M | -267.0M | -246.0M | -268.0M | -709.0M |
| Purchase Of Business | 0.00 | -1.0M | -- | -4.0M | 0.00 |
| Sale Of Business | -- | 27.0M | 18.0M | 26.0M | 37.0M |
| Purchase Of Investment | -159.0M | -102.0M | -97.0M | -149.0M | -197.0M |
| Sale Of Investment | -- | -- | -- | -- | -- |
| Net Investment Purchase And Sale | -159.0M | -102.0M | -97.0M | -149.0M | -197.0M |
| Investing Cash Flow | -637.0M | -343.0M | -325.0M | -395.0M | -869.0M |
| Cash Flow From Continuing Investing Activities | -637.0M | -343.0M | -325.0M | -395.0M | -869.0M |
| Issuance Of Debt | 1.0M | 1.0M | 1.0B | 1.0M | 11.0M |
| Repayment Of Debt | -311.0M | -672.0M | -407.0M | -7.0M | -18.0M |
| Net Issuance Payments Of Debt | -747.0M | -583.0M | 341.0M | 322.0M | -513.0M |
| Repurchase Of Capital Stock | -86.0M | 0.00 | 0.00 | -51.0M | -202.0M |
| Net Common Stock Issuance | -86.0M | 0.00 | 0.00 | -51.0M | -202.0M |
| Common Stock Dividend Paid | -135.0M | -136.0M | -137.0M | -136.0M | -133.0M |
| Common Stock Payments | -86.0M | 0.00 | 0.00 | -51.0M | -202.0M |
| Financing Cash Flow | -1.1B | -774.0M | 179.0M | 131.0M | -861.0M |
| Cash Flow From Continuing Financing Activities | -1.1B | -774.0M | 179.0M | 131.0M | -861.0M |
| Effect Of Exchange Rate Changes | 8.0M | -4.0M | -4.0M | -1.0M | 6.0M |
| Changes In Cash | 277.0M | -205.0M | 481.0M | -187.0M | 180.0M |
| Beginning Cash Position | 1.3B | 1.5B | 1.1B | 1.2B | 1.1B |
| End Cash Position | 1.6B | 1.3B | 1.5B | 1.1B | 1.2B |
| Free Cash Flow | 1.4B | 645.0M | 381.0M | -191.0M | 1.2B |
| Amortization Cash Flow | 296.0M | 27.0M | 29.0M | 26.0M | 334.0M |
| Amortization Of Intangibles | 296.0M | 27.0M | 29.0M | 26.0M | 334.0M |
| Asset Impairment Charge | -- | -- | -- | -- | -- |
| Cash Dividends Paid | -135.0M | -136.0M | -137.0M | -136.0M | -133.0M |
| Change In Account Payable | -442.0M | 143.0M | -468.0M | 70.0M | -148.0M |
| Change In Accrued Expense | -244.0M | 128.0M | 61.0M | 192.0M | -2.0M |
| Change In Income Tax Payable | -- | 16.0M | -110.0M | -- | -- |
| Change In Prepaid Assets | -79.0M | 40.0M | 49.0M | -10.0M | -19.0M |
| Change In Tax Payable | -- | 16.0M | -110.0M | -- | -- |
| Depreciation | 401.0M | 389.0M | 388.0M | 369.0M | 376.0M |
| Dividend Paid Cfo | -- | -3.0M | -- | -- | -- |
| Dividend Received Cfo | 12.0M | -3.0M | 7.0M | 6.0M | 27.0M |
| Long Term Debt Issuance | 1.0M | 1.0M | 1.0B | 1.0M | 11.0M |
| Long Term Debt Payments | -311.0M | -672.0M | -407.0M | -7.0M | -18.0M |
| Net Business Purchase And Sale | -67.0M | 26.0M | 18.0M | 22.0M | 37.0M |
| Net Income From Continuing Operations | 3.0M | 333.0M | 394.0M | 153.0M | 234.0M |
| Net Long Term Debt Issuance | -310.0M | -671.0M | 638.0M | -6.0M | -7.0M |
| Net Other Financing Charges | -102.0M | -55.0M | -25.0M | -4.0M | -13.0M |
| Net Short Term Debt Issuance | -437.0M | 88.0M | -297.0M | 328.0M | -506.0M |
| Proceeds From Stock Option Exercised | 2.0M | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Of PPE | 121.0M | 0.00 | 0.00 | 0.00 | 0.00 |
| Short Term Debt Issuance | -- | -- | -- | -- | -- |