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 | 8.9B | 9.2B | 10.9B | 12.5B | 8.7B |
| Operating Revenue | 8.9B | 9.2B | 10.9B | 12.5B | 8.7B |
| Cost Of Revenue | 3.9B | 4.2B | 5.0B | 5.6B | 4.4B |
| Gross Profit | 5.0B | 5.0B | 5.9B | 6.9B | 4.2B |
| Selling General And Administration | 318.0M | 323.0M | 393.0M | 422.0M | 442.0M |
| General And Administrative Expense | 318.0M | 323.0M | 393.0M | 422.0M | 442.0M |
| Other Operating Expenses | 2.6B | 2.6B | 2.6B | 2.6B | 2.3B |
| Operating Expense | 2.9B | 2.9B | 3.0B | 3.0B | 2.7B |
| Operating Income | 2.1B | 2.1B | 2.9B | 3.9B | 1.5B |
| EBIT | 1.1B | 1.8B | 2.9B | 3.9B | 1.6B |
| Interest Expense | 376.0M | 412.0M | 355.0M | 311.0M | 340.0M |
| Interest Expense Non Operating | 376.0M | 412.0M | 355.0M | 311.0M | 340.0M |
| Net Interest Income | -376.0M | -412.0M | -355.0M | -311.0M | -340.0M |
| Other Income Expense | -918.0M | -308.0M | 1.0M | 18.0M | 60.0M |
| Other Non Operating Income Expenses | 46.0M | 165.0M | 20.0M | 33.0M | 37.0M |
| Special Income Charges | -933.0M | -492.0M | 0.00 | 0.00 | 0.00 |
| Restructuring And Mergern Acquisition | 13.0M | 42.0M | 93.0M | 1.0M | 34.0M |
| Gain On Sale Of Security | -31.0M | 19.0M | -19.0M | -15.0M | 23.0M |
| Pretax Income | 770.0M | 1.4B | 2.5B | 3.6B | 1.2B |
| Tax Provision | -472.0M | 226.0M | 425.0M | -77.0M | -177.0M |
| Tax Effect Of Unusual Items | -202.4M | -79.0M | -3.2M | -3.1M | 6.2M |
| Net Income From Continuing And Discontinued Operation | 1.2B | 1.1B | 2.1B | 3.6B | 1.4B |
| Net Income From Continuing Operation Net Minority Interest | 1.2B | 1.1B | 2.1B | 3.6B | 1.4B |
| Net Income Including Noncontrolling Interests | 1.2B | 1.1B | 2.1B | 3.6B | 1.4B |
| Net Income Common Stockholders | 1.2B | 1.1B | 2.1B | 3.6B | 1.4B |
| Net Income | 1.2B | 1.1B | 2.1B | 3.6B | 1.4B |
| EBITDA | 3.3B | 4.1B | 4.7B | 5.0B | 2.8B |
| Normalized EBITDA | 4.3B | 4.5B | 4.7B | 5.0B | 2.7B |
| Reconciled Depreciation | 2.2B | 2.3B | 1.8B | 1.1B | 1.2B |
| Basic EPS | 4.83 | 4.25 | 8.02 | 14.34 | 5.44 |
| Diluted EPS | 4.78 | 4.21 | 7.90 | 14.08 | 5.32 |
| Basic Average Shares | 257.2M | 264.6M | 259.9M | 253.6M | 260.4M |
| Diluted Average Shares | 259.7M | 267.4M | 263.9M | 258.4M | 266.4M |
| Total Unusual Items | -964.0M | -473.0M | -19.0M | -15.0M | 23.0M |
| Total Unusual Items Excluding Goodwill | -964.0M | -473.0M | -19.0M | -15.0M | 23.0M |
| Tax Rate For Calcs | 0.21 | 0.17 | 0.17 | 0.21 | 0.27 |
| Normalized Income | 2.0B | 1.5B | 2.1B | 3.6B | 1.4B |
| Diluted NI Availto Com Stockholders | 1.2B | 1.1B | 2.1B | 3.6B | 1.4B |
| Gain On Sale Of Business | -- | -- | -- | -- | 0.00 |
| Impairment Of Capital Assets | 920.0M | 450.0M | 0.00 | 0.00 | 0.00 |
| Net Income Continuous Operations | 1.2B | 1.1B | 2.1B | 3.6B | 1.4B |
| Net Non Operating Interest Income Expense | -376.0M | -412.0M | -355.0M | -311.0M | -340.0M |
| Other Gand A | 282.0M | 283.0M | 393.0M | 422.0M | 442.0M |
| Other Taxes | -- | -- | -- | 415.0M | 293.0M |
| Provision For Doubtful Accounts | -- | -- | 0.00 | -1.0M | 1.0M |
| Reconciled Cost Of Revenue | 3.9B | 4.2B | 5.0B | 5.6B | 4.4B |
| Rent And Landing Fees | -- | -- | 114.0M | 116.0M | 117.0M |
| Rent Expense Supplemental | -- | -- | 114.0M | 116.0M | 117.0M |
| Salaries And Wages | 36.0M | 40.0M | 22.0M | 164.0M | 107.0M |
| Total Expenses | 6.8B | 7.1B | 8.0B | 8.6B | 7.1B |
| Total Operating Income As Reported | 1.1B | 1.6B | 2.9B | 3.9B | 1.5B |
| 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 | 35.0M | 42.0M | 3.0M | 5.0M | 195.0M |
| Cash Cash Equivalents And Short Term Investments | 280.0M | 42.0M | 3.0M | 5.0M | 195.0M |
| Other Short Term Investments | 245.0M | 0.00 | -- | -- | -- |
| Accounts Receivable | 1.0B | 1.1B | 1.3B | 1.6B | 1.3B |
| Receivables | 1.1B | 1.1B | 1.3B | 1.6B | 1.4B |
| Prepaid Assets | 96.0M | 98.0M | 114.0M | 38.0M | 28.0M |
| Current Assets | 1.5B | 1.4B | 1.7B | 1.7B | 1.6B |
| Gross PPE | 72.6B | 68.4B | 67.4B | 60.0B | 59.3B |
| Accumulated Depreciation | -57.2B | -53.3B | -51.8B | -49.6B | -49.6B |
| Net PPE | 15.4B | 15.2B | 15.5B | 10.3B | 9.7B |
| Goodwill | 2.6B | 2.5B | 2.6B | 2.6B | 2.6B |
| Goodwill And Other Intangible Assets | 2.6B | 2.5B | 2.6B | 2.6B | 2.6B |
| Investments And Advances | 20.0M | 33.0M | 26.0M | 21.0M | 27.0M |
| Other Non Current Assets | 19.0M | 93.0M | 14.0M | 11.0M | 17.0M |
| Total Non Current Assets | 18.9B | 17.9B | 18.3B | 13.4B | 12.5B |
| Total Assets | 20.4B | 19.3B | 20.0B | 15.1B | 14.1B |
| Current Debt | 810.0M | 600.0M | 284.0M | 393.0M | -- |
| Current Debt And Capital Lease Obligation | 927.0M | 690.0M | 378.0M | 475.0M | 68.0M |
| Accounts Payable | 390.0M | 435.0M | 586.0M | 436.0M | 328.0M |
| Payables | 553.0M | 491.0M | 863.0M | 514.0M | 364.0M |
| Payables And Accrued Expenses | 1.8B | 1.8B | 2.4B | 2.0B | 1.8B |
| Current Accrued Expenses | 1.3B | 1.3B | 1.5B | 1.5B | 1.4B |
| Other Current Liabilities | 2.0M | 110.0M | 4.0M | 103.0M | 793.0M |
| Current Liabilities | 2.8B | 2.7B | 2.8B | 2.8B | 2.7B |
| Long Term Debt | 4.4B | 4.9B | 5.5B | 3.2B | 4.8B |
| Long Term Debt And Capital Lease Obligation | 5.5B | 5.6B | 6.3B | 4.0B | 5.7B |
| Long Term Capital Lease Obligation | 1.1B | 749.0M | 852.0M | 841.0M | 922.0M |
| Other Non Current Liabilities | 10.0M | 16.0M | 22.0M | 12.0M | 12.0M |
| Total Non Current Liabilities Net Minority Interest | 6.4B | 6.2B | 6.8B | 4.6B | 6.2B |
| Total Liabilities Net Minority Interest | 9.2B | 8.9B | 9.6B | 7.4B | 9.0B |
| Common Stock | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M |
| Capital Stock | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M |
| Additional Paid In Capital | 7.8B | 8.0B | 8.6B | 7.8B | 8.5B |
| Retained Earnings | 2.4B | 1.5B | 697.0M | -1.1B | -4.5B |
| Gains Losses Not Affecting Retained Earnings | 973.0M | 777.0M | 1.1B | 991.0M | 1.1B |
| Other Equity Adjustments | 973.0M | 777.0M | 1.1B | 991.0M | 1.1B |
| Common Stock Equity | 11.2B | 10.3B | 10.4B | 7.7B | 5.1B |
| Stockholders Equity | 11.2B | 10.3B | 10.4B | 7.7B | 5.1B |
| Total Equity Gross Minority Interest | 11.2B | 10.3B | 10.4B | 7.7B | 5.1B |
| Total Capitalization | 15.6B | 15.2B | 15.8B | 10.9B | 9.9B |
| Net Tangible Assets | 8.6B | 7.8B | 7.8B | 5.1B | 2.4B |
| Tangible Book Value | 8.6B | 7.8B | 7.8B | 5.1B | 2.4B |
| Working Capital | -1.3B | -1.3B | -1.1B | -1.1B | -1.2B |
| Invested Capital | 16.4B | 15.8B | 16.1B | 11.3B | 9.9B |
| Total Debt | 6.4B | 6.3B | 6.7B | 4.5B | 5.8B |
| Net Debt | 5.2B | 5.4B | 5.7B | 3.6B | 4.6B |
| Share Issued | 253.3M | 260.4M | 271.7M | 245.7M | 258.0M |
| Ordinary Shares Number | 253.3M | 260.4M | 271.7M | 245.7M | 258.0M |
| Allowance For Doubtful Accounts Receivable | -- | -5.0M | -5.0M | -- | -5.0M |
| Capital Lease Obligations | 1.2B | 839.0M | 946.0M | 923.0M | 990.0M |
| Current Capital Lease Obligation | 117.0M | 90.0M | 94.0M | 82.0M | 68.0M |
| Current Provisions | 36.0M | 41.0M | 54.0M | 45.0M | 46.0M |
| Derivative Product Liabilities | 13.0M | 21.0M | 2.0M | 5.0M | 30.0M |
| Employee Benefits | 75.0M | 74.0M | 74.0M | 87.0M | 140.0M |
| Financial Assets | 4.0M | 0.00 | 4.0M | 34.0M | 0.00 |
| Gross Accounts Receivable | 1.0B | 1.1B | 1.3B | -- | 1.2B |
| Hedging Assets Current | 86.0M | 108.0M | 214.0M | 53.0M | 1.0M |
| Income Tax Payable | 5.0M | 9.0M | 232.0M | 4.0M | 4.0M |
| Interest Payable | 103.0M | 107.0M | 115.0M | 65.0M | 108.0M |
| Line Of Credit | -- | 0.00 | 284.0M | 393.0M | 0.00 |
| Long Term Provisions | 388.0M | 315.0M | 276.0M | 281.0M | 339.0M |
| Non Current Accounts Receivable | 28.0M | 2.0M | 37.0M | 58.0M | 64.0M |
| Non Current Deferred Assets | 789.0M | 59.0M | 97.0M | 315.0M | 42.0M |
| Non Current Deferred Liabilities | 402.0M | 202.0M | 110.0M | 184.0M | 4.0M |
| Non Current Deferred Taxes Assets | 744.0M | 10.0M | 53.0M | 271.0M | 0.00 |
| Non Current Deferred Taxes Liabilities | 402.0M | 202.0M | 110.0M | 184.0M | 4.0M |
| Non Current Pension And Other Postretirement Benefit Plans | 75.0M | 74.0M | 74.0M | 73.0M | 104.0M |
| Other Current Borrowings | 810.0M | 600.0M | -- | -- | -- |
| Other Payable | 158.0M | 47.0M | 45.0M | 74.0M | 32.0M |
| Other Properties | 2.1B | 1.7B | 1.8B | 1.8B | 1.8B |
| Other Receivables | -- | -- | -- | 1.4B | 1.2B |
| Pensionand Other Post Retirement Benefit Plans Current | 6.0M | 10.0M | 14.0M | 139.0M | 78.0M |
| Receivables Adjustments Allowances | -6.0M | -5.0M | -5.0M | -4.0M | -5.0M |
| Taxes Receivable | 29.0M | 36.0M | 17.0M | 43.0M | 97.0M |
| Total Tax Payable | 5.0M | 9.0M | 232.0M | 4.0M | 4.0M |
| Tradeand Other Payables Non Current | 15.0M | 12.0M | 16.0M | 0.00 | 0.00 |
| 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 | 3.7B | 3.7B | 4.2B | 3.9B | 3.1B |
| Cash Flow From Continuing Operating Activities | 3.7B | 3.7B | 4.2B | 3.9B | 3.1B |
| Depreciation Amortization Depletion | 2.2B | 2.3B | 1.8B | 1.1B | 1.2B |
| Deferred Tax | -514.0M | 144.0M | 144.0M | -87.0M | -21.0M |
| Deferred Income Tax | -514.0M | 144.0M | 144.0M | -87.0M | -21.0M |
| Change In Working Capital | -93.0M | -247.0M | 330.0M | -187.0M | -41.0M |
| Change In Receivables | 67.0M | 256.0M | 352.0M | -304.0M | -333.0M |
| Change In Payables And Accrued Expense | -177.0M | -247.0M | -304.0M | 50.0M | 275.0M |
| Change In Other Working Capital | -18.0M | -250.0M | 271.0M | 53.0M | 24.0M |
| Change In Other Current Liabilities | 35.0M | -6.0M | 11.0M | 14.0M | -7.0M |
| Other Non Cash Items | 9.0M | -170.0M | -23.0M | 109.0M | 87.0M |
| Capital Expenditure | -2.1B | -2.3B | -2.7B | -1.8B | -1.5B |
| Purchase Of Business | -2.5B | -205.0M | -3.5B | -286.0M | -11.0M |
| Sale Of Business | 1.9B | 175.0M | 772.0M | 228.0M | 1.0B |
| Purchase Of Investment | -- | -- | -- | -- | -20.0M |
| Net Investment Purchase And Sale | -127.0M | -124.0M | -45.0M | 103.0M | -20.0M |
| Investing Cash Flow | -2.9B | -2.5B | -5.5B | -1.8B | -525.0M |
| Cash Flow From Continuing Investing Activities | -2.9B | -2.5B | -5.5B | -1.8B | -525.0M |
| Issuance Of Debt | 351.0M | 0.00 | 2.3B | 393.0M | 0.00 |
| Repayment Of Debt | -600.0M | -284.0M | -109.0M | -1.7B | -2.2B |
| Net Issuance Payments Of Debt | -249.0M | -284.0M | 2.2B | -1.3B | -2.2B |
| Repurchase Of Capital Stock | -307.0M | -597.0M | -426.0M | -719.0M | -111.0M |
| Net Common Stock Issuance | -307.0M | -597.0M | -426.0M | -719.0M | -111.0M |
| Common Stock Dividend Paid | -308.0M | -316.0M | -307.0M | -239.0M | -122.0M |
| Common Stock Payments | -307.0M | -597.0M | -426.0M | -719.0M | -111.0M |
| Financing Cash Flow | -762.0M | -1.2B | 1.4B | -2.3B | -2.4B |
| Cash Flow From Continuing Financing Activities | -762.0M | -1.2B | 1.4B | -2.3B | -2.4B |
| Effect Of Exchange Rate Changes | -13.0M | 6.0M | -9.0M | -2.0M | 0.00 |
| Changes In Cash | 6.0M | 33.0M | 7.0M | -188.0M | 185.0M |
| Beginning Cash Position | 42.0M | 3.0M | 5.0M | 195.0M | 10.0M |
| End Cash Position | 35.0M | 42.0M | 3.0M | 5.0M | 195.0M |
| Free Cash Flow | 1.5B | 1.4B | 1.4B | 2.0B | 1.6B |
| Income Tax Paid Supplemental Data | 62.0M | 295.0M | -- | -- | -- |
| Interest Paid Supplemental Data | 383.0M | 426.0M | 308.0M | 376.0M | 370.0M |
| Asset Impairment Charge | 920.0M | 450.0M | 0.00 | 0.00 | 0.00 |
| Capital Expenditure Reported | -2.1B | -2.3B | -2.7B | -1.8B | -1.5B |
| Cash Dividends Paid | -308.0M | -316.0M | -307.0M | -239.0M | -122.0M |
| Gain Loss On Investment Securities | -6.0M | 136.0M | -194.0M | -741.0M | 488.0M |
| Gain Loss On Sale Of Business | -- | -- | -- | -- | 0.00 |
| Long Term Debt Issuance | 351.0M | 0.00 | 2.3B | 393.0M | 0.00 |
| Long Term Debt Payments | -600.0M | -284.0M | -109.0M | -1.7B | -2.2B |
| Net Business Purchase And Sale | -610.0M | -30.0M | -2.7B | -58.0M | 1.0B |
| Net Foreign Currency Exchange Gain Loss | -85.0M | -7.0M | 0.00 | 22.0M | 10.0M |
| Net Income From Continuing Operations | 1.2B | 1.1B | 2.1B | 3.6B | 1.4B |
| Net Long Term Debt Issuance | -249.0M | -284.0M | 2.2B | -1.3B | -2.2B |
| Net Other Financing Charges | 102.0M | -34.0M | -77.0M | -- | -- |
| Operating Gains Losses | -91.0M | 129.0M | -194.0M | -719.0M | 498.0M |