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 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Total Revenue | 1.9B | 1.8B | 1.8B | 2.3B | 2.1B | 1.8B | -- |
| Operating Revenue | 1.9B | 1.8B | 1.8B | 2.3B | 2.1B | 1.8B | -- |
| Cost Of Revenue | 1.1B | 1.1B | 1.0B | 1.4B | 1.1B | 1.1B | -- |
| Gross Profit | 827.0M | 658.0M | 780.0M | 928.0M | 1.0B | 747.0M | -- |
| Selling General And Administration | 120.0M | 126.0M | 97.0M | 134.0M | 104.0M | 120.0M | -- |
| General And Administrative Expense | 120.0M | 126.0M | 97.0M | 134.0M | 104.0M | 120.0M | -- |
| Other Operating Expenses | 35.0M | -19.0M | -1.0M | 5.0M | 13.0M | 4.0M | -- |
| Operating Expense | 155.0M | 107.0M | 96.0M | 139.0M | 117.0M | 124.0M | -- |
| Operating Income | 672.0M | 551.0M | 684.0M | 789.0M | 907.0M | 623.0M | -- |
| EBIT | 789.0M | 555.0M | 685.0M | 790.0M | 898.0M | 630.0M | -- |
| Interest Expense | 152.0M | 157.0M | 152.0M | 151.0M | 154.0M | 156.0M | -- |
| Interest Expense Non Operating | 152.0M | 157.0M | 152.0M | 151.0M | 154.0M | 156.0M | -- |
| Interest Income | 3.0M | 4.0M | 1.0M | 3.0M | 1.0M | 7.0M | -- |
| Interest Income Non Operating | 3.0M | 4.0M | 1.0M | 3.0M | 1.0M | 7.0M | -- |
| Net Interest Income | -149.0M | -153.0M | -151.0M | -148.0M | -153.0M | -149.0M | -- |
| Other Income Expense | 114.0M | -- | -- | -2.0M | -10.0M | -- | -612.0M |
| Special Income Charges | 113.0M | 0.00 | 0.00 | -- | 0.00 | 0.00 | -616.0M |
| Restructuring And Mergern Acquisition | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 616.0M |
| Gain On Sale Of Security | 1.0M | -- | -- | -2.0M | -10.0M | -- | 4.0M |
| Pretax Income | 637.0M | 398.0M | 533.0M | 639.0M | 744.0M | 474.0M | -- |
| Tax Provision | 148.0M | 112.0M | 116.0M | 137.0M | 172.0M | 89.0M | -- |
| Tax Effect Of Unusual Items | 26.5M | 0.00 | 0.00 | -440,000 | -2.3M | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | 489.0M | 286.0M | 417.0M | 502.0M | 572.0M | 383.0M | -- |
| Net Income From Continuing Operation Net Minority Interest | 489.0M | 286.0M | 417.0M | 502.0M | 572.0M | 383.0M | -- |
| Net Income Including Noncontrolling Interests | 489.0M | 286.0M | 417.0M | 502.0M | 572.0M | 385.0M | -- |
| Minority Interests | 0.00 | 0.00 | 0.00 | -- | 0.00 | -2.0M | -8.0M |
| Net Income Common Stockholders | 345.0M | 286.0M | 417.0M | 502.0M | 535.0M | 383.0M | -- |
| Net Income | 489.0M | 286.0M | 417.0M | 502.0M | 572.0M | 383.0M | -- |
| EBITDA | 1.0B | 796.0M | 942.0M | 1.0B | 1.1B | 861.0M | -- |
| Normalized EBITDA | 931.0M | 796.0M | 942.0M | 1.0B | 1.1B | 861.0M | -- |
| Reconciled Depreciation | 256.0M | 241.0M | 257.0M | 233.0M | 235.0M | 231.0M | -- |
| Basic EPS | 0.78 | -- | 0.65 | 0.80 | -- | 0.60 | 0.75 |
| Diluted EPS | 0.78 | -- | 0.65 | 0.80 | -- | 0.60 | 0.75 |
| Basic Average Shares | 626.9M | -- | 581.0M | 581.0M | -- | 580.0M | 580.0M |
| Diluted Average Shares | 626.9M | -- | 582.0M | 582.0M | -- | 581.0M | 581.0M |
| Total Unusual Items | 114.0M | 0.00 | 0.00 | -2.0M | -10.0M | 0.00 | -- |
| Total Unusual Items Excluding Goodwill | 114.0M | 0.00 | 0.00 | -2.0M | -10.0M | 0.00 | -- |
| Tax Rate For Calcs | 0.23 | 0.28 | 0.22 | 0.22 | 0.23 | 0.19 | -- |
| Normalized Income | 401.5M | 286.0M | 417.0M | 503.6M | 579.7M | 383.0M | -- |
| Diluted NI Availto Com Stockholders | 345.0M | 286.0M | 417.0M | 502.0M | 535.0M | 383.0M | -- |
| Net Income Continuous Operations | 489.0M | 286.0M | 417.0M | 502.0M | 572.0M | 385.0M | -- |
| Net Non Operating Interest Income Expense | -149.0M | -153.0M | -151.0M | -148.0M | -153.0M | -149.0M | -- |
| Other Gand A | 120.0M | 126.0M | 97.0M | 134.0M | 104.0M | 120.0M | -- |
| Preferred Stock Dividends | -- | -- | -- | -- | 37.0M | 37.0M | -- |
| Reconciled Cost Of Revenue | 1.1B | 1.1B | 1.0B | 1.4B | 1.1B | 1.1B | -- |
| Total Expenses | 1.2B | 1.2B | 1.1B | 1.5B | 1.2B | 1.2B | -- |
| Total Operating Income As Reported | 785.0M | 551.0M | 684.0M | 789.0M | 907.0M | 623.0M | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 106.0M | 149.0M | 210.0M | 155.0M | 141.0M | 104.0M | -- |
| Cash Cash Equivalents And Short Term Investments | 106.0M | 149.0M | 210.0M | 155.0M | 141.0M | 104.0M | -- |
| Accounts Receivable | 686.0M | 868.0M | 869.0M | 938.0M | 844.0M | 1.0B | -- |
| Receivables | 821.0M | 868.0M | 869.0M | 978.0M | 1.1B | 1.0B | -- |
| Inventory | 284.0M | 304.0M | 275.0M | 253.0M | 301.0M | 322.0M | -- |
| Prepaid Assets | 34.0M | -- | -- | -- | 35.0M | -- | -- |
| Current Assets | 1.3B | 1.3B | 1.4B | 1.4B | 1.6B | 1.5B | -- |
| Gross PPE | 28.3B | 28.2B | 27.9B | 28.0B | 27.8B | 27.2B | -- |
| Accumulated Depreciation | -5.2B | -5.0B | -4.8B | -4.7B | -4.5B | -4.4B | -- |
| Net PPE | 23.1B | 23.2B | 23.0B | 23.3B | 23.3B | 22.9B | -- |
| Goodwill | 5.0B | 5.0B | 5.0B | 5.0B | 5.0B | 5.0B | -- |
| Goodwill And Other Intangible Assets | 6.3B | 6.4B | 6.4B | 6.5B | 6.5B | 6.5B | -- |
| Other Intangible Assets | 1.4B | 1.4B | 1.4B | 1.5B | 1.5B | 1.5B | -- |
| Investments And Advances | 4.3B | 4.2B | 4.3B | 4.2B | 4.3B | 4.3B | -- |
| Long Term Equity Investment | 4.3B | 4.2B | 4.3B | 4.2B | 4.3B | 4.3B | -- |
| Other Non Current Assets | 178.0M | 119.0M | 116.0M | 110.0M | 108.0M | 92.0M | -- |
| Total Non Current Assets | 34.3B | 34.1B | 34.0B | 34.3B | 34.4B | 33.9B | -- |
| Total Assets | 35.6B | 35.4B | 35.4B | 35.7B | 36.0B | 35.4B | -- |
| Current Debt | 600.0M | 1.1B | 597.0M | 975.0M | 1.5B | 946.0M | -- |
| Current Debt And Capital Lease Obligation | 683.0M | 1.2B | 679.0M | 1.1B | 1.6B | 1.0B | -- |
| Accounts Payable | 559.0M | 1.3B | 1.0B | 1.0B | 530.0M | 1.2B | -- |
| Payables | 1.2B | 1.3B | 1.0B | 1.0B | 1.2B | 1.2B | -- |
| Payables And Accrued Expenses | 1.2B | 1.3B | 1.0B | 1.0B | 1.2B | 1.2B | -- |
| Current Deferred Revenue | 39.0M | 47.0M | 48.0M | 47.0M | 43.0M | 63.0M | -- |
| Other Current Liabilities | 122.0M | 21.0M | 25.0M | 53.0M | 49.0M | 17.0M | -- |
| Current Liabilities | 2.1B | 2.5B | 1.8B | 2.2B | 2.9B | 2.3B | -- |
| Long Term Debt | 12.1B | 11.5B | 12.1B | 11.5B | 11.1B | 11.8B | -- |
| Long Term Debt And Capital Lease Obligation | 12.6B | 12.1B | 12.7B | 12.1B | 11.7B | 12.4B | -- |
| Long Term Capital Lease Obligation | 539.0M | 572.0M | 556.0M | 561.0M | 576.0M | 583.0M | -- |
| Other Non Current Liabilities | 174.0M | 167.0M | 155.0M | 161.0M | 183.0M | 161.0M | -- |
| Total Non Current Liabilities Net Minority Interest | 16.7B | 15.9B | 16.6B | 15.9B | 15.5B | 16.1B | -- |
| Total Liabilities Net Minority Interest | 18.8B | 18.4B | 18.4B | 18.1B | 18.5B | 18.4B | -- |
| Common Stock | 17.0B | 17.0B | 17.0B | 17.0B | 17.0B | 17.0B | -- |
| Capital Stock | 18.7B | 19.0B | 19.0B | 19.2B | 19.2B | 19.2B | -- |
| Retained Earnings | -2.4B | -2.4B | -2.3B | -2.2B | -2.3B | -2.4B | -- |
| Gains Losses Not Affecting Retained Earnings | 407.0M | 456.0M | 335.0M | 634.0M | 641.0M | 265.0M | -- |
| Other Equity Adjustments | 407.0M | 456.0M | 335.0M | 634.0M | 641.0M | 265.0M | -- |
| Common Stock Equity | 15.0B | 15.0B | 15.1B | 15.4B | 15.3B | 14.8B | -- |
| Stockholders Equity | 16.8B | 17.0B | 17.0B | 17.6B | 17.5B | 17.0B | -- |
| Total Equity Gross Minority Interest | 16.8B | 17.0B | 17.0B | 17.6B | 17.5B | 17.0B | -- |
| Minority Interest | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 146.0M |
| Total Capitalization | 28.9B | 28.5B | 29.2B | 29.1B | 28.6B | 28.8B | -- |
| Net Tangible Assets | 10.4B | 10.6B | 10.6B | 11.1B | 11.0B | 10.6B | -- |
| Tangible Book Value | 8.7B | 8.6B | 8.7B | 8.9B | 8.8B | 8.4B | -- |
| Working Capital | -806.0M | -1.2B | -403.0M | -805.0M | -1.3B | -813.0M | -- |
| Invested Capital | 27.7B | 27.7B | 27.8B | 27.9B | 28.0B | 27.6B | -- |
| Total Debt | 13.3B | 13.3B | 13.4B | 13.1B | 13.3B | 13.4B | -- |
| Net Debt | 12.6B | 12.5B | 12.5B | 12.3B | 12.5B | 12.6B | -- |
| Share Issued | 581.1M | 580.9M | 580.9M | 581.0M | 581.0M | 580.0M | -- |
| Ordinary Shares Number | 581.1M | 580.9M | 580.9M | 581.0M | 581.0M | 580.0M | -- |
| Buildings And Improvements | 84.0M | -- | -- | -- | 98.0M | -- | -- |
| Capital Lease Obligations | 622.0M | 657.0M | 638.0M | 650.0M | 665.0M | 670.0M | -- |
| Construction In Progress | 1.0B | 879.0M | 737.0M | 691.0M | 565.0M | 741.0M | -- |
| Current Capital Lease Obligation | 83.0M | 85.0M | 82.0M | 89.0M | 89.0M | 87.0M | -- |
| Current Deferred Liabilities | 39.0M | 47.0M | 48.0M | 47.0M | 43.0M | 63.0M | -- |
| Derivative Product Liabilities | 116.0M | 104.0M | 107.0M | 109.0M | 110.0M | 120.0M | -- |
| Duefrom Related Parties Current | 70.0M | -- | -- | -- | 37.0M | -- | -- |
| Dueto Related Parties Current | -- | -- | -- | -- | 0.00 | -- | -- |
| Financial Assets | 114.0M | -- | -- | -- | 0.00 | -- | -- |
| Finished Goods | 124.0M | -- | -- | -- | 149.0M | -- | -- |
| Hedging Assets Current | 14.0M | 15.0M | 22.0M | 22.0M | 13.0M | 35.0M | -- |
| Land And Improvements | 650.0M | 686.0M | 683.0M | 694.0M | 694.0M | 679.0M | -- |
| Long Term Provisions | 540.0M | 521.0M | 514.0M | 441.0M | 426.0M | 411.0M | -- |
| Machinery Furniture Equipment | 9.2B | 9.2B | 9.1B | 9.1B | 9.1B | 8.7B | -- |
| Non Current Accounts Receivable | 239.0M | 241.0M | 243.0M | 221.0M | 223.0M | 225.0M | -- |
| Non Current Deferred Assets | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Non Current Deferred Liabilities | 3.3B | 3.0B | 3.1B | 3.1B | 3.1B | 3.0B | -- |
| Non Current Deferred Revenue | 305.0M | 144.0M | 251.0M | 260.0M | 255.0M | 278.0M | -- |
| Non Current Deferred Taxes Assets | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Non Current Deferred Taxes Liabilities | 3.0B | 2.9B | 2.9B | 2.9B | 2.9B | 2.8B | -- |
| Other Current Borrowings | 600.0M | 1.1B | 597.0M | 975.0M | 1.5B | 946.0M | -- |
| Other Payable | 662.0M | -- | -- | -- | 672.0M | -- | -- |
| Other Properties | 17.3B | 17.4B | 17.3B | 17.4B | 17.3B | 17.1B | -- |
| Other Receivables | 46.0M | -- | -- | -- | 89.0M | -- | -- |
| Preferred Shares Number | 75.0M | -- | -- | -- | 93.0M | 10.0M | 93.0M |
| Preferred Stock | 1.7B | 2.0B | 2.0B | 2.2B | 2.2B | 2.2B | -- |
| Preferred Stock Equity | 1.7B | 2.0B | 2.0B | 2.2B | 2.2B | 2.2B | -- |
| Raw Materials | 160.0M | -- | -- | -- | 152.0M | -- | -- |
| Taxes Receivable | 19.0M | 0.00 | 0.00 | 40.0M | 113.0M | -- | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 861.0M | 810.0M | 790.0M | 840.0M | 902.0M | 922.0M | -- |
| Cash Flow From Continuing Operating Activities | 861.0M | 810.0M | 790.0M | 840.0M | 902.0M | 922.0M | -- |
| Depreciation And Amortization | 256.0M | 241.0M | 257.0M | 233.0M | 235.0M | 231.0M | -- |
| Depreciation Amortization Depletion | 256.0M | 241.0M | 257.0M | 233.0M | 235.0M | 231.0M | -- |
| Stock Based Compensation | 26.0M | 39.0M | 0.00 | 29.0M | 3.0M | 41.0M | -- |
| Deferred Tax | 148.0M | 112.0M | 116.0M | 137.0M | 172.0M | 89.0M | -- |
| Deferred Income Tax | 148.0M | 112.0M | 116.0M | 137.0M | 172.0M | 89.0M | -- |
| Change In Working Capital | 164.0M | 23.0M | 18.0M | 16.0M | -73.0M | 136.0M | -- |
| Change In Other Working Capital | 164.0M | 23.0M | 18.0M | 16.0M | -73.0M | 136.0M | -- |
| Other Non Cash Items | 122.0M | 137.0M | 133.0M | 69.0M | 735.0M | 145.0M | -- |
| Capital Expenditure | -235.0M | -178.0M | -197.0M | -174.0M | -242.0M | -262.0M | -- |
| Purchase Of Business | -127.0M | -108.0M | -126.0M | -49.0M | 1.0M | -124.0M | -- |
| Sale Of Business | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 63.0M |
| Investing Cash Flow | -273.0M | -294.0M | -341.0M | -182.0M | -303.0M | -321.0M | -- |
| Cash Flow From Continuing Investing Activities | -273.0M | -294.0M | -341.0M | -182.0M | -303.0M | -321.0M | -- |
| Issuance Of Debt | 556.0M | -- | 281.0M | 0.00 | 0.00 | 77.0M | 946.0M |
| Repayment Of Debt | -516.0M | -141.0M | -20.0M | -186.0M | -134.0M | -171.0M | -- |
| Net Issuance Payments Of Debt | 40.0M | -141.0M | 261.0M | -186.0M | -134.0M | -94.0M | -- |
| Repurchase Of Capital Stock | -225.0M | 0.00 | -200.0M | -26.0M | 0.00 | 0.00 | -- |
| Net Common Stock Issuance | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Common Stock Dividend Paid | -412.0M | -413.0M | -412.0M | -401.0M | -401.0M | -401.0M | -- |
| Common Stock Payments | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -629.0M | -583.0M | -386.0M | -645.0M | -568.0M | -751.0M | -- |
| Cash Flow From Continuing Financing Activities | -629.0M | -583.0M | -386.0M | -645.0M | -568.0M | -751.0M | -- |
| Effect Of Exchange Rate Changes | -2.0M | 6.0M | -8.0M | 1.0M | 6.0M | -2.0M | -- |
| Changes In Cash | -41.0M | -67.0M | 63.0M | 13.0M | 31.0M | -150.0M | -- |
| Beginning Cash Position | 149.0M | 210.0M | 155.0M | 141.0M | 104.0M | 256.0M | -- |
| End Cash Position | 106.0M | 149.0M | 210.0M | 155.0M | 141.0M | 104.0M | -- |
| Free Cash Flow | 626.0M | 632.0M | 593.0M | 666.0M | 660.0M | 660.0M | -- |
| Capital Expenditure Reported | -235.0M | -178.0M | -197.0M | -174.0M | -242.0M | -262.0M | -- |
| Cash Dividends Paid | -444.0M | -445.0M | -447.0M | -436.0M | -435.0M | -435.0M | -- |
| Dividend Received Cfo | 148.0M | 128.0M | 136.0M | 132.0M | 131.0M | 133.0M | -- |
| Earnings Losses From Equity Investments | -171.0M | 66.0M | -74.0M | -30.0M | -133.0M | 17.0M | -- |
| Gain Loss On Investment Securities | 78.0M | -1.0M | -31.0M | -9.0M | 41.0M | -18.0M | -- |
| Gain Loss On Sale Of Business | -- | -- | -- | -- | -- | 0.00 | -- |
| Interest Paid Cfo | -119.0M | -172.0M | -115.0M | -177.0M | -120.0M | -171.0M | -- |
| Interest Received Cfi | -9.0M | -7.0M | -6.0M | -6.0M | -5.0M | -5.0M | -- |
| Long Term Debt Issuance | 556.0M | -- | 281.0M | 0.00 | 0.00 | 77.0M | 946.0M |
| Long Term Debt Payments | -516.0M | -141.0M | -20.0M | -186.0M | -134.0M | -171.0M | -- |
| Net Business Purchase And Sale | -127.0M | -108.0M | -126.0M | -49.0M | 1.0M | -124.0M | -- |
| Net Foreign Currency Exchange Gain Loss | -1.0M | 0.00 | 0.00 | 2.0M | 10.0M | 0.00 | -- |
| Net Income From Continuing Operations | 489.0M | 286.0M | 417.0M | 502.0M | 572.0M | 385.0M | -- |
| Net Long Term Debt Issuance | 40.0M | -141.0M | 261.0M | -186.0M | -134.0M | -94.0M | -- |
| Net Other Financing Charges | -- | -- | -- | -- | 0.00 | -222.0M | -10.0M |
| Net Other Investing Changes | 98.0M | -1.0M | -12.0M | 47.0M | -57.0M | 70.0M | -- |
| Net Preferred Stock Issuance | -225.0M | 0.00 | -200.0M | -26.0M | -- | -- | 0.00 |
| Operating Gains Losses | -184.0M | 46.0M | -107.0M | -39.0M | -701.0M | -5.0M | -- |
| Preferred Stock Dividend Paid | -32.0M | -32.0M | -35.0M | -35.0M | -34.0M | -34.0M | -- |
| Preferred Stock Payments | -225.0M | 0.00 | -200.0M | -26.0M | -- | -- | 0.00 |
| Proceeds From Stock Option Exercised | 0.00 | 3.0M | 0.00 | 3.0M | 1.0M | 0.00 | -- |
| Provisionand Write Offof Assets | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | -34.0M |
| Taxes Refund Paid | -189.0M | -30.0M | -65.0M | -62.0M | -52.0M | -62.0M | -- |