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 | 52.4B | 54.9B | 52.2B | 62.9B | 39.1B |
| Operating Revenue | 52.4B | 54.9B | 52.2B | 62.9B | 39.1B |
| Cost Of Revenue | 30.7B | 32.5B | 30.3B | 36.0B | 21.6B |
| Gross Profit | 21.7B | 22.4B | 21.9B | 26.9B | 17.6B |
| Selling General And Administration | 11.1B | 11.1B | 10.6B | 10.4B | 9.4B |
| General And Administrative Expense | 8.8B | 8.8B | 8.5B | 8.0B | 7.4B |
| Other Operating Expenses | 2.6B | 2.3B | 2.3B | 2.6B | 1.9B |
| Operating Expense | 13.7B | 13.3B | 13.0B | 12.9B | 11.3B |
| Operating Income | 8.0B | 9.0B | 9.0B | 13.9B | 6.3B |
| EBIT | 8.7B | 8.9B | 11.4B | 13.2B | 6.5B |
| Interest Expense | 743.0M | 694.0M | 786.0M | 906.0M | 961.0M |
| Interest Expense Non Operating | 743.0M | 694.0M | 786.0M | 906.0M | 961.0M |
| Interest Income | 3.0M | -- | 94.0M | 149.0M | 64.0M |
| Interest Income Non Operating | 3.0M | -- | 94.0M | 149.0M | 64.0M |
| Net Interest Income | -740.0M | -694.0M | -786.0M | -906.0M | -961.0M |
| Other Income Expense | 693.0M | -154.0M | 2.4B | -703.0M | 236.0M |
| Other Non Operating Income Expenses | -- | -- | 128.0M | 12.0M | 1.0M |
| Special Income Charges | 181.0M | -43.0M | 2.0B | 102.0M | 246.0M |
| Restructuring And Mergern Acquisition | -- | 0.00 | -850.0M | 0.00 | -- |
| Gain On Sale Of Security | 512.0M | -111.0M | 399.0M | -817.0M | -11.0M |
| Pretax Income | 7.9B | 8.2B | 10.6B | 12.3B | 5.6B |
| Tax Provision | 2.0B | 2.2B | 2.3B | 3.2B | 1.5B |
| Tax Effect Of Unusual Items | 177.0M | -40.8M | 525.6M | -188.0M | 61.3M |
| Net Income From Continuing And Discontinued Operation | 5.9B | 6.0B | 8.3B | 9.1B | 4.1B |
| Net Income From Continuing Operation Net Minority Interest | 5.9B | 6.0B | 8.3B | 9.1B | 4.1B |
| Net Income Including Noncontrolling Interests | 5.9B | 6.0B | 8.3B | 9.1B | 4.1B |
| Net Income Common Stockholders | 5.9B | 6.0B | 8.3B | 9.1B | 4.1B |
| Net Income | 5.9B | 6.0B | 8.3B | 9.1B | 4.1B |
| EBITDA | 15.6B | 15.8B | 17.8B | 22.0B | 12.4B |
| Normalized EBITDA | 14.9B | 16.0B | 15.4B | 22.7B | 12.1B |
| Reconciled Depreciation | 6.9B | 7.0B | 6.4B | 8.8B | 5.8B |
| Basic EPS | 4.85 | 4.72 | 6.34 | 6.54 | 2.77 |
| Diluted EPS | 4.85 | 4.72 | 6.33 | 6.53 | 2.77 |
| Basic Average Shares | 1.2B | 1.3B | 1.3B | 1.4B | 1.5B |
| Diluted Average Shares | 1.2B | 1.3B | 1.3B | 1.4B | 1.5B |
| Total Unusual Items | 693.0M | -154.0M | 2.4B | -715.0M | 235.0M |
| Total Unusual Items Excluding Goodwill | 693.0M | -154.0M | 2.4B | -715.0M | 235.0M |
| Tax Rate For Calcs | 0.26 | 0.27 | 0.22 | 0.26 | 0.26 |
| Normalized Income | 5.4B | 6.1B | 6.4B | 9.6B | 3.9B |
| Diluted NI Availto Com Stockholders | 5.9B | 6.0B | 8.3B | 9.1B | 4.1B |
| Gain On Sale Of Business | -- | -- | -- | 50.0M | -- |
| Gain On Sale Of Ppe | 55.0M | 25.0M | 992.0M | -45.0M | 257.0M |
| Net Income Continuous Operations | 5.9B | 6.0B | 8.3B | 9.1B | 4.1B |
| Net Non Operating Interest Income Expense | -740.0M | -694.0M | -786.0M | -906.0M | -961.0M |
| Other Gand A | -- | -- | -- | -- | 594.0M |
| Other Special Charges | -126.0M | 68.0M | -181.0M | -147.0M | 11.0M |
| Reconciled Cost Of Revenue | 30.7B | 32.5B | 30.3B | 36.0B | 21.6B |
| Rent And Landing Fees | -- | -- | -- | -- | 418.0M |
| Rent Expense Supplemental | -- | -- | -- | -- | 418.0M |
| Salaries And Wages | 8.8B | 8.8B | 8.5B | 8.0B | 7.4B |
| Selling And Marketing Expense | 2.3B | 2.3B | 2.2B | 2.3B | 2.0B |
| Total Expenses | 44.4B | 45.8B | 43.3B | 49.0B | 32.8B |
| 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 | 3.6B | 3.5B | 1.7B | 2.0B | 2.2B |
| Cash Cash Equivalents And Short Term Investments | 3.6B | 3.5B | 1.7B | 2.0B | 2.2B |
| Cash Equivalents | 69.0M | 343.0M | 12.0M | 198.0M | 234.0M |
| Cash Financial | 3.6B | 3.1B | 1.7B | 1.8B | 2.0B |
| Accounts Receivable | 5.1B | 5.2B | 5.7B | 6.1B | 4.5B |
| Receivables | 5.5B | 5.8B | 6.7B | 6.3B | 4.7B |
| Inventory | 5.1B | 5.0B | 5.4B | 5.1B | 4.1B |
| Current Assets | 14.2B | 14.3B | 13.8B | 14.5B | 11.0B |
| Gross PPE | 141.0B | 135.3B | 127.3B | 129.2B | 128.8B |
| Accumulated Depreciation | -70.8B | -65.1B | -57.9B | -64.6B | -61.0B |
| Net PPE | 70.2B | 70.3B | 69.4B | 64.6B | 67.8B |
| Goodwill | 2.9B | 2.9B | 2.9B | 2.9B | 2.9B |
| Goodwill And Other Intangible Assets | 3.5B | 3.5B | 3.5B | 3.6B | 3.5B |
| Other Intangible Assets | 563.0M | 611.0M | 636.0M | 694.0M | 631.0M |
| Investments And Advances | 337.0M | 347.0M | 490.0M | 306.0M | 391.0M |
| Other Non Current Assets | 109.0M | 82.0M | 352.0M | 767.0M | 916.0M |
| Total Non Current Assets | 75.7B | 75.5B | 74.7B | 70.1B | 72.8B |
| Total Assets | 89.9B | 89.8B | 88.5B | 84.6B | 83.7B |
| Current Debt | 973.0M | 997.0M | 494.0M | 2.8B | 1.5B |
| Current Debt And Capital Lease Obligation | 1.6B | 1.6B | 842.0M | 3.1B | 1.8B |
| Accounts Payable | 7.5B | 8.2B | 7.7B | 8.2B | 6.5B |
| Payables | 7.5B | 8.2B | 7.8B | 8.7B | 7.8B |
| Payables And Accrued Expenses | 7.5B | 8.2B | 7.8B | 8.7B | 7.8B |
| Other Current Liabilities | -- | -- | -- | 530.0M | -- |
| Current Liabilities | 10.2B | 10.7B | 9.6B | 12.9B | 10.4B |
| Long Term Debt | 9.0B | 9.3B | 11.1B | 9.8B | 14.0B |
| Long Term Debt And Capital Lease Obligation | 12.9B | 13.1B | 14.6B | 12.5B | 16.5B |
| Long Term Capital Lease Obligation | 3.9B | 3.7B | 3.5B | 2.7B | 2.5B |
| Other Non Current Liabilities | 572.0M | 660.0M | 538.0M | 587.0M | 653.0M |
| Total Non Current Liabilities Net Minority Interest | 34.6B | 34.5B | 35.7B | 32.4B | 36.7B |
| Total Liabilities Net Minority Interest | 44.8B | 45.3B | 45.3B | 45.3B | 47.1B |
| Common Stock | 20.4B | 21.1B | 21.7B | 22.3B | 23.6B |
| Capital Stock | 20.4B | 21.1B | 21.7B | 22.3B | 23.6B |
| Additional Paid In Capital | 502.0M | 520.0M | 569.0M | 571.0M | 612.0M |
| Retained Earnings | 23.2B | 21.7B | 20.0B | 15.6B | 11.5B |
| Gains Losses Not Affecting Retained Earnings | 999.0M | 1.2B | 1.0B | 974.0M | 814.0M |
| Other Equity Adjustments | 999.0M | 1.2B | 1.0B | 974.0M | 814.0M |
| Common Stock Equity | 45.1B | 44.5B | 43.3B | 39.4B | 36.6B |
| Stockholders Equity | 45.1B | 44.5B | 43.3B | 39.4B | 36.6B |
| Total Equity Gross Minority Interest | 45.1B | 44.5B | 43.3B | 39.4B | 36.6B |
| Total Capitalization | 54.1B | 53.9B | 54.4B | 49.2B | 50.6B |
| Net Tangible Assets | 41.7B | 41.0B | 39.8B | 35.8B | 33.1B |
| Tangible Book Value | 41.7B | 41.0B | 39.8B | 35.8B | 33.1B |
| Working Capital | 4.0B | 3.5B | 4.2B | 1.7B | 578.0M |
| Invested Capital | 55.1B | 54.9B | 54.9B | 52.0B | 52.1B |
| Total Debt | 14.5B | 14.7B | 15.4B | 15.6B | 18.4B |
| Net Debt | 6.3B | 6.9B | 9.9B | 10.6B | 13.3B |
| Share Issued | 1.2B | 1.2B | 1.3B | 1.3B | 1.4B |
| Ordinary Shares Number | 1.2B | 1.2B | 1.3B | 1.3B | 1.4B |
| Assets Held For Sale Current | -- | -- | 0.00 | 1.2B | 0.00 |
| Capital Lease Obligations | 4.5B | 4.3B | 3.8B | 3.0B | 2.9B |
| Commercial Paper | -- | 0.00 | 494.0M | 2.8B | 1.3B |
| Current Capital Lease Obligation | 638.0M | 599.0M | 348.0M | 317.0M | 310.0M |
| Current Provisions | 1.1B | 958.0M | 983.0M | 564.0M | 779.0M |
| Defined Pension Benefit | 1.1B | 617.0M | 207.0M | 212.0M | 0.00 |
| Employee Benefits | 844.0M | 842.0M | 937.0M | 1.0B | 1.5B |
| Finished Goods | 4.1B | 4.0B | 4.4B | 4.2B | 3.3B |
| Income Tax Payable | 20.0M | 32.0M | 41.0M | 484.0M | 1.3B |
| Inventories Adjustments Allowances | -- | -- | 0.00 | -14.0M | 0.00 |
| Long Term Provisions | 12.1B | 11.9B | 11.6B | 9.8B | 8.8B |
| Machinery Furniture Equipment | 96.1B | 91.2B | 84.5B | 88.4B | 85.3B |
| Non Current Accounts Receivable | 410.0M | 513.0M | -- | -- | -- |
| Non Current Deferred Assets | 82.0M | 180.0M | 84.0M | 81.0M | 160.0M |
| Non Current Deferred Liabilities | 8.2B | 8.0B | 8.0B | 8.5B | 9.3B |
| Non Current Deferred Revenue | -- | 8.0M | 13.0M | 22.0M | 29.0M |
| Non Current Deferred Taxes Assets | 82.0M | 180.0M | 84.0M | 81.0M | 160.0M |
| Non Current Deferred Taxes Liabilities | 8.2B | 8.0B | 8.0B | 8.4B | 9.2B |
| Non Current Pension And Other Postretirement Benefit Plans | 516.0M | 508.0M | 598.0M | 564.0M | 1.2B |
| Non Current Prepaid Assets | -- | 171.0M | 661.0M | 481.0M | 916.0M |
| Other Current Borrowings | 973.0M | 997.0M | -- | -- | 231.0M |
| Raw Materials | 1.1B | 1.0B | 994.0M | 834.0M | 789.0M |
| Taxes Receivable | 371.0M | 518.0M | 980.0M | 244.0M | 128.0M |
| Total Tax Payable | 20.0M | 32.0M | 41.0M | 484.0M | 1.3B |
| 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 | 12.8B | 16.0B | 12.3B | 15.7B | 11.8B |
| Cash Flow From Continuing Operating Activities | 12.8B | 16.0B | 12.3B | 15.7B | 11.8B |
| Depreciation And Amortization | 6.9B | 7.0B | 6.4B | 8.8B | 5.8B |
| Depreciation Amortization Depletion | 6.9B | 7.0B | 6.4B | 8.8B | 5.8B |
| Stock Based Compensation | 8.0M | -57.0M | 108.0M | 328.0M | 205.0M |
| Deferred Tax | 90.0M | -294.0M | 560.0M | -990.0M | 56.0M |
| Deferred Income Tax | 90.0M | -294.0M | 560.0M | -990.0M | 56.0M |
| Change In Working Capital | -2.0M | 2.1B | -981.0M | -2.4B | 1.5B |
| Other Non Cash Items | 415.0M | 490.0M | -892.0M | 132.0M | 330.0M |
| Capital Expenditure | -5.9B | -6.5B | -5.9B | -5.1B | -4.6B |
| Purchase Of Business | -- | 0.00 | -2.4B | 0.00 | -- |
| Purchase Of Investment | -- | -- | -- | -- | -28.0M |
| Net Investment Purchase And Sale | -29.0M | -52.0M | -83.0M | -36.0M | -28.0M |
| Investing Cash Flow | -6.0B | -6.5B | -6.5B | -4.8B | -4.0B |
| Cash Flow From Continuing Investing Activities | -6.0B | -6.5B | -6.5B | -4.8B | -4.0B |
| Issuance Of Debt | 996.0M | 0.00 | 1.5B | 0.00 | 1.4B |
| Repayment Of Debt | -1.7B | -2.5B | -2.7B | -5.5B | -2.8B |
| Net Issuance Payments Of Debt | -694.0M | -2.5B | -1.2B | -4.0B | -3.6B |
| Repurchase Of Capital Stock | -3.1B | -2.9B | -2.2B | -5.1B | -2.3B |
| Net Common Stock Issuance | -3.1B | -2.9B | -2.2B | -5.1B | -2.3B |
| Common Stock Dividend Paid | -2.8B | -2.8B | -2.7B | -2.6B | -1.6B |
| Common Stock Payments | -3.1B | -2.9B | -2.2B | -5.1B | -2.3B |
| Financing Cash Flow | -6.5B | -7.9B | -6.0B | -11.2B | -7.5B |
| Cash Flow From Continuing Financing Activities | -6.5B | -7.9B | -6.0B | -11.2B | -7.5B |
| Effect Of Exchange Rate Changes | -125.0M | 149.0M | -94.0M | 112.0M | -3.0M |
| Changes In Cash | 291.0M | 1.6B | -157.0M | -337.0M | 323.0M |
| Beginning Cash Position | 3.5B | 1.7B | 2.0B | 2.2B | 1.9B |
| End Cash Position | 3.6B | 3.5B | 1.7B | 2.0B | 2.2B |
| Free Cash Flow | 6.9B | 9.5B | 6.4B | 10.6B | 7.2B |
| Income Tax Paid Supplemental Data | 1.7B | 1.8B | 2.6B | 4.7B | -- |
| Interest Paid Supplemental Data | 898.0M | 914.0M | 887.0M | 973.0M | 980.0M |
| Capital Expenditure Reported | -5.9B | -6.5B | -5.9B | -5.1B | -4.6B |
| Cash Dividends Paid | -2.8B | -2.8B | -2.7B | -2.6B | -1.6B |
| Depreciation | 6.9B | 7.0B | 6.4B | 8.8B | 5.8B |
| Long Term Debt Issuance | 996.0M | 0.00 | 1.5B | 0.00 | 1.4B |
| Long Term Debt Payments | -1.7B | -2.0B | -336.0M | -5.5B | -2.8B |
| Net Business Purchase And Sale | -- | 0.00 | -2.4B | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | -403.0M | 714.0M | -184.0M | 729.0M | -113.0M |
| Net Income From Continuing Operations | 5.9B | 6.0B | 8.3B | 9.1B | 4.1B |
| Net Long Term Debt Issuance | -694.0M | -2.0B | 1.2B | -5.5B | -1.4B |
| Net Other Financing Charges | -17.0M | -16.0M | -16.0M | -9.0M | -9.0M |
| Net Other Investing Changes | -137.0M | 63.0M | 1.9B | 367.0M | 606.0M |
| Net Short Term Debt Issuance | 0.00 | -503.0M | -2.3B | 1.5B | -2.3B |
| Operating Gains Losses | -458.0M | 859.0M | -1.2B | 806.0M | -290.0M |
| Proceeds From Stock Option Exercised | 181.0M | 385.0M | 187.0M | 496.0M | 8.0M |
| Short Term Debt Payments | 0.00 | -503.0M | -2.3B | -- | -- |
| Unrealized Gain Loss On Investment Securities | -106.0M | -122.0M | -5.0M | -38.0M | -13.0M |