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 | 2.4B | 2.8B | 3.4B | 3.0B | 2.7B |
| Operating Revenue | 2.3B | 2.8B | 3.3B | 2.9B | 2.6B |
| Cost Of Revenue | 985.0M | 1.1B | 1.2B | 1.3B | 1.2B |
| Gross Profit | 1.4B | 1.8B | 2.2B | 1.6B | 1.5B |
| Selling General And Administration | 317.0M | 296.0M | 254.0M | 263.0M | 234.0M |
| General And Administrative Expense | 317.0M | 296.0M | 254.0M | 263.0M | 234.0M |
| Depreciation And Amortization In Income Statement | 579.0M | 531.0M | 621.0M | 599.0M | 529.0M |
| Other Operating Expenses | 404.0M | 350.0M | 286.0M | 249.0M | 317.0M |
| Operating Expense | 1.4B | 1.2B | 1.2B | 1.1B | 1.1B |
| Operating Income | 70.0M | 581.0M | 993.0M | 491.0M | 377.0M |
| EBIT | 125.0M | 569.0M | 1.1B | 565.0M | -167.0M |
| Interest Expense | 266.0M | 250.0M | 212.0M | 212.0M | 213.0M |
| Interest Expense Non Operating | 266.0M | 250.0M | 212.0M | 212.0M | 213.0M |
| Interest Income | 51.0M | 44.0M | 71.0M | 43.0M | 36.0M |
| Interest Income Non Operating | 51.0M | 44.0M | 71.0M | 43.0M | 36.0M |
| Net Interest Income | -244.0M | -230.0M | -162.0M | -194.0M | -188.0M |
| Other Income Expense | 33.0M | -32.0M | 49.0M | 56.0M | -569.0M |
| Special Income Charges | 48.0M | -42.0M | 52.0M | 43.0M | -594.0M |
| Write Off | -13.0M | 46.0M | -48.0M | 9.0M | 648.0M |
| Gain On Sale Of Security | -21.0M | 5.0M | -7.0M | 4.0M | 16.0M |
| Earnings From Equity Interest | 6.0M | 5.0M | 4.0M | 9.0M | 9.0M |
| Pretax Income | -141.0M | 319.0M | 880.0M | 353.0M | -380.0M |
| Tax Provision | 17.0M | 80.0M | 84.0M | 192.0M | 45.0M |
| Tax Effect Of Unusual Items | 4.0M | -9.6M | 5.0M | 12.3M | -153.2M |
| Net Income From Continuing And Discontinued Operation | -138.0M | 229.0M | 695.0M | 50.0M | -537.0M |
| Net Income From Continuing Operation Net Minority Interest | -138.0M | 229.0M | 695.0M | 50.0M | -537.0M |
| Net Income Including Noncontrolling Interests | -158.0M | 239.0M | 796.0M | 161.0M | -425.0M |
| Minority Interests | 20.0M | -10.0M | -101.0M | -111.0M | -112.0M |
| Net Income Common Stockholders | -190.0M | 177.0M | 644.0M | 4.0M | -576.0M |
| Net Income | -138.0M | 229.0M | 695.0M | 50.0M | -537.0M |
| EBITDA | 704.0M | 1.1B | 1.7B | 1.2B | 552.0M |
| Normalized EBITDA | 677.0M | 1.1B | 1.7B | 1.1B | 1.1B |
| Reconciled Depreciation | 579.0M | 531.0M | 621.0M | 599.0M | 719.0M |
| Basic EPS | -- | 0.59 | 2.33 | 0.01 | -2.13 |
| Diluted EPS | -- | 0.59 | 2.33 | 0.01 | -2.13 |
| Basic Average Shares | -- | 302.0M | 276.0M | 271.0M | 271.0M |
| Diluted Average Shares | -- | 302.0M | 276.0M | 271.0M | 271.0M |
| Total Unusual Items | 27.0M | -37.0M | 45.0M | 47.0M | -578.0M |
| Total Unusual Items Excluding Goodwill | 27.0M | -37.0M | 45.0M | 47.0M | -578.0M |
| Tax Rate For Calcs | 0.15 | 0.26 | 0.11 | 0.26 | 0.27 |
| Normalized Income | -160.9M | 256.4M | 655.0M | 15.3M | -112.2M |
| Depreciation Amortization Depletion Income Statement | 579.0M | 531.0M | 621.0M | 599.0M | 529.0M |
| Depreciation Income Statement | -- | 531.0M | 621.0M | 599.0M | 529.0M |
| Diluted NI Availto Com Stockholders | -190.0M | 177.0M | 644.0M | 4.0M | -576.0M |
| Gain On Sale Of Business | 37.0M | 0.00 | -- | -- | 0.00 |
| Gain On Sale Of Ppe | -7.0M | 4.0M | 4.0M | 52.0M | 54.0M |
| Impairment Of Capital Assets | -- | -- | -48.0M | 9.0M | 648.0M |
| Net Income Continuous Operations | -158.0M | 239.0M | 796.0M | 161.0M | -425.0M |
| Net Non Operating Interest Income Expense | -244.0M | -230.0M | -162.0M | -194.0M | -188.0M |
| Other Gand A | -- | -- | -- | -- | 277.0M |
| Other Special Charges | -5.0M | -- | -1.0M | -7.0M | -- |
| Other Taxes | 50.0M | 36.0M | 29.0M | 33.0M | 32.0M |
| Preferred Stock Dividends | 52.0M | 52.0M | 51.0M | 46.0M | 39.0M |
| Reconciled Cost Of Revenue | 985.0M | 1.1B | 1.2B | 1.3B | 1.0B |
| Salaries And Wages | 317.0M | 296.0M | 254.0M | 263.0M | 234.0M |
| Total Expenses | 2.3B | 2.3B | 2.4B | 2.5B | 2.3B |
| Total Operating Income As Reported | 140.0M | 585.0M | 1.1B | 531.0M | -239.0M |
| Total Other Finance Cost | 29.0M | 24.0M | 21.0M | 25.0M | 11.0M |
| 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 | 205.0M | 337.0M | 348.0M | 1.1B | 947.0M |
| Cash Cash Equivalents And Short Term Investments | 205.0M | 337.0M | 348.0M | 1.1B | 947.0M |
| Accounts Receivable | 507.0M | 570.0M | 600.0M | 1.2B | 499.0M |
| Receivables | 607.0M | 643.0M | 662.0M | 1.3B | 596.0M |
| Inventory | 111.0M | 134.0M | 157.0M | 157.0M | 167.0M |
| Prepaid Assets | -- | -- | -- | 33.0M | 29.0M |
| Other Current Assets | 51.0M | 68.0M | 48.0M | 55.0M | -- |
| Current Assets | 1.3B | 1.8B | 1.6B | 3.7B | 2.2B |
| Gross PPE | 15.4B | 15.4B | 14.6B | 14.2B | 13.5B |
| Accumulated Depreciation | -9.6B | -9.2B | -8.7B | -8.5B | -8.1B |
| Net PPE | 5.8B | 6.2B | 5.9B | 5.7B | 5.4B |
| Goodwill | 516.0M | 517.0M | 464.0M | 464.0M | 463.0M |
| Goodwill And Other Intangible Assets | 759.0M | 798.0M | 687.0M | 716.0M | 719.0M |
| Other Intangible Assets | 243.0M | 281.0M | 223.0M | 252.0M | 256.0M |
| Investments And Advances | 284.0M | 159.0M | 138.0M | 129.0M | 105.0M |
| Long Term Equity Investment | 118.0M | 136.0M | 122.0M | 117.0M | 105.0M |
| Other Non Current Assets | 30.0M | 32.0M | 53.0M | 26.0M | 77.0M |
| Total Non Current Assets | 7.3B | 7.7B | 7.1B | 7.0B | 7.0B |
| Total Assets | 8.7B | 9.5B | 8.7B | 10.7B | 9.2B |
| Current Debt | 920.0M | 1.3B | 529.0M | 186.0M | 837.0M |
| Current Debt And Capital Lease Obligation | 925.0M | 1.3B | 535.0M | 194.0M | 844.0M |
| Accounts Payable | 548.0M | 694.0M | 772.0M | 1.1B | 654.0M |
| Payables | 619.0M | 856.0M | 839.0M | 1.5B | 742.0M |
| Payables And Accrued Expenses | 642.0M | 873.0M | 855.0M | 1.5B | 759.0M |
| Current Accrued Expenses | 23.0M | 17.0M | 16.0M | 17.0M | 17.0M |
| Current Deferred Revenue | 17.0M | 12.0M | 3.0M | 8.0M | 19.0M |
| Other Current Liabilities | 162.0M | 278.0M | 314.0M | 1.1B | 261.0M |
| Current Liabilities | 1.8B | 2.6B | 1.7B | 2.9B | 1.9B |
| Long Term Debt | 3.3B | 3.1B | 3.1B | 3.7B | 2.7B |
| Long Term Debt And Capital Lease Obligation | 3.4B | 3.2B | 3.3B | 3.8B | 2.8B |
| Long Term Capital Lease Obligation | 141.0M | 146.0M | 137.0M | 127.0M | 93.0M |
| Other Non Current Liabilities | 13.0M | 11.0M | 13.0M | 18.0M | 21.0M |
| Total Non Current Liabilities Net Minority Interest | 5.4B | 5.1B | 5.3B | 5.9B | 4.7B |
| Total Liabilities Net Minority Interest | 7.2B | 7.7B | 7.0B | 8.8B | 6.6B |
| Common Stock | 3.2B | 3.2B | 3.3B | 2.9B | 2.9B |
| Capital Stock | 4.1B | 4.1B | 4.2B | 3.8B | 3.8B |
| Additional Paid In Capital | 42.0M | 42.0M | 41.0M | 41.0M | 46.0M |
| Retained Earnings | -2.7B | -2.5B | -2.6B | -2.5B | -2.5B |
| Gains Losses Not Affecting Retained Earnings | -24.0M | 41.0M | -164.0M | -222.0M | 146.0M |
| Other Equity Adjustments | -24.0M | 41.0M | -164.0M | -222.0M | 146.0M |
| Common Stock Equity | 457.0M | 804.0M | 595.0M | 168.0M | 640.0M |
| Stockholders Equity | 1.4B | 1.7B | 1.5B | 1.1B | 1.6B |
| Total Equity Gross Minority Interest | 1.5B | 1.8B | 1.7B | 2.0B | 2.6B |
| Minority Interest | 66.0M | 97.0M | 127.0M | 879.0M | 1.0B |
| Total Capitalization | 4.7B | 4.8B | 4.7B | 4.8B | 4.2B |
| Net Tangible Assets | 640.0M | 948.0M | 850.0M | 394.0M | 863.0M |
| Tangible Book Value | -302.0M | 6.0M | -92.0M | -548.0M | -79.0M |
| Working Capital | -494.0M | -796.0M | -162.0M | 826.0M | 266.0M |
| Invested Capital | 4.7B | 5.2B | 4.3B | 4.0B | 4.1B |
| Total Debt | 4.3B | 4.6B | 3.8B | 4.0B | 3.6B |
| Net Debt | 4.0B | 4.1B | 3.3B | 2.7B | 2.6B |
| Share Issued | 296.7M | 297.5M | 306.9M | 268.3M | 271.0M |
| Ordinary Shares Number | 296.7M | 297.5M | 306.9M | 268.3M | 271.0M |
| Assets Held For Sale Current | 30.0M | 80.0M | 0.00 | 22.0M | 25.0M |
| Available For Sale Securities | 141.0M | 1.0M | 1.0M | 1.0M | -- |
| Capital Lease Obligations | 146.0M | 151.0M | 143.0M | 135.0M | 100.0M |
| Construction In Progress | 152.0M | 120.0M | 1.2B | 963.0M | 184.0M |
| Current Capital Lease Obligation | 5.0M | 5.0M | 6.0M | 8.0M | 7.0M |
| Current Deferred Liabilities | 17.0M | 12.0M | 3.0M | 8.0M | 19.0M |
| Current Provisions | 84.0M | 83.0M | 35.0M | 70.0M | 48.0M |
| Derivative Product Liabilities | 519.0M | 305.0M | 274.0M | 333.0M | 145.0M |
| Dividends Payable | 52.0M | 49.0M | 49.0M | 68.0M | 62.0M |
| Employee Benefits | 143.0M | 146.0M | 155.0M | 150.0M | 232.0M |
| Financial Assets | 32.0M | 93.0M | 52.0M | 161.0M | 399.0M |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 25.0M | 22.0M | 15.0M | 11.0M | 0.00 |
| Hedging Assets Current | 162.0M | 318.0M | 151.0M | 709.0M | 308.0M |
| Income Tax Payable | 11.0M | 23.0M | 9.0M | 73.0M | 8.0M |
| Interest Payable | 23.0M | 17.0M | 16.0M | 17.0M | 17.0M |
| Investmentin Financial Assets | 166.0M | 23.0M | 16.0M | 12.0M | 0.00 |
| Line Of Credit | 0.00 | 1.0M | 3.0M | 16.0M | 0.00 |
| Loans Receivable | 1.0M | 1.0M | 1.0M | 4.0M | 55.0M |
| Long Term Provisions | 807.0M | 850.0M | 654.0M | 659.0M | 779.0M |
| Non Current Accounts Receivable | 277.0M | 305.0M | 171.0M | 129.0M | 185.0M |
| Non Current Deferred Assets | 41.0M | 52.0M | 21.0M | 50.0M | 64.0M |
| Non Current Deferred Liabilities | 466.0M | 539.0M | 479.0M | 490.0M | 367.0M |
| Non Current Deferred Revenue | 43.0M | 69.0M | 93.0M | 138.0M | 13.0M |
| Non Current Deferred Taxes Assets | 41.0M | 52.0M | 21.0M | 50.0M | 64.0M |
| Non Current Deferred Taxes Liabilities | 423.0M | 470.0M | 386.0M | 352.0M | 354.0M |
| Non Current Note Receivables | 30.0M | 24.0M | 25.0M | 33.0M | 0.00 |
| Non Current Pension And Other Postretirement Benefit Plans | 143.0M | 146.0M | 155.0M | 150.0M | 228.0M |
| Non Current Prepaid Assets | 77.0M | 93.0M | 69.0M | 61.0M | 65.0M |
| Other Current Borrowings | 920.0M | 1.3B | 526.0M | 170.0M | 837.0M |
| Other Inventories | 14.0M | 18.0M | 45.0M | 27.0M | 55.0M |
| Other Payable | 8.0M | 90.0M | 9.0M | 260.0M | 18.0M |
| Other Properties | 551.0M | 547.0M | 513.0M | 598.0M | 557.0M |
| Other Receivables | 30.0M | 30.0M | 19.0M | 52.0M | 40.0M |
| Preferred Securities Outside Stock Equity | -- | 0.00 | 400.0M | 400.0M | 400.0M |
| Preferred Shares Number | 38.6M | 38.6M | 38.6M | 38.6M | 38.6M |
| Preferred Stock | 942.0M | 942.0M | 942.0M | 942.0M | 942.0M |
| Preferred Stock Equity | 942.0M | 942.0M | 942.0M | 942.0M | 942.0M |
| Restricted Cash | 170.0M | 193.0M | 214.0M | 374.0M | 125.0M |
| Taxes Receivable | 69.0M | 42.0M | 42.0M | 64.0M | 2.0M |
| Total Tax Payable | 11.0M | 23.0M | 9.0M | 73.0M | 8.0M |
| 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 | 646.0M | 796.0M | 1.5B | 877.0M | 1.0B |
| Cash Flow From Continuing Operating Activities | 646.0M | 796.0M | 1.5B | 877.0M | 1.0B |
| Depreciation And Amortization | 579.0M | 531.0M | 621.0M | 599.0M | 719.0M |
| Depreciation Amortization Depletion | 579.0M | 531.0M | 621.0M | 599.0M | 719.0M |
| Deferred Tax | -32.0M | -63.0M | 34.0M | 127.0M | -11.0M |
| Deferred Income Tax | -32.0M | -63.0M | 34.0M | 127.0M | -11.0M |
| Change In Working Capital | 3.0M | 38.0M | 124.0M | -316.0M | 174.0M |
| Changes In Account Receivables | 75.0M | 155.0M | 715.0M | -869.0M | -28.0M |
| Change In Receivables | 34.0M | 177.0M | 742.0M | -930.0M | -28.0M |
| Change In Inventory | 22.0M | 34.0M | -2.0M | 6.0M | 42.0M |
| Change In Payables And Accrued Expense | -72.0M | -258.0M | -616.0M | 608.0M | 151.0M |
| Change In Payable | -72.0M | -258.0M | -616.0M | 608.0M | 151.0M |
| Other Non Cash Items | 6.0M | 10.0M | -16.0M | 11.0M | 54.0M |
| Capital Expenditure | -262.0M | -327.0M | -888.0M | -949.0M | -489.0M |
| Purchase Of PPE | -249.0M | -311.0M | -875.0M | -918.0M | -480.0M |
| Net PPE Purchase And Sale | -241.0M | -307.0M | -846.0M | -852.0M | -441.0M |
| Purchase Of Business | -7.0M | -222.0M | -13.0M | -20.0M | -120.0M |
| Sale Of Business | -- | -- | 0.00 | 0.00 | 128.0M |
| Purchase Of Investment | -147.0M | 0.00 | -13.0M | -10.0M | -6.0M |
| Sale Of Investment | -- | 1.0M | 18.0M | 27.0M | -- |
| Net Investment Purchase And Sale | -147.0M | 1.0M | 18.0M | 27.0M | -6.0M |
| Investing Cash Flow | -418.0M | -520.0M | -814.0M | -741.0M | -472.0M |
| Cash Flow From Continuing Investing Activities | -418.0M | -520.0M | -814.0M | -741.0M | -472.0M |
| Issuance Of Debt | 991.0M | 143.0M | 39.0M | 981.0M | 173.0M |
| Repayment Of Debt | -1.2B | -137.0M | -220.0M | -630.0M | -214.0M |
| Net Issuance Payments Of Debt | -197.0M | 6.0M | -181.0M | 351.0M | -41.0M |
| Issuance Of Capital Stock | 3.0M | 12.0M | 5.0M | 3.0M | 8.0M |
| Repurchase Of Capital Stock | -24.0M | -143.0M | -87.0M | -52.0M | -4.0M |
| Net Common Stock Issuance | -21.0M | -131.0M | -82.0M | -49.0M | 4.0M |
| Common Stock Dividend Paid | -74.0M | -71.0M | -58.0M | -54.0M | -48.0M |
| Common Stock Payments | -24.0M | -143.0M | -87.0M | -52.0M | -4.0M |
| Financing Cash Flow | -362.0M | -291.0M | -1.4B | 45.0M | -282.0M |
| Cash Flow From Continuing Financing Activities | -362.0M | -291.0M | -1.4B | 45.0M | -282.0M |
| Effect Of Exchange Rate Changes | 2.0M | 4.0M | -4.0M | 6.0M | -3.0M |
| Changes In Cash | -134.0M | -15.0M | -782.0M | 181.0M | 247.0M |
| Beginning Cash Position | 337.0M | 348.0M | 1.1B | 947.0M | 703.0M |
| End Cash Position | 205.0M | 337.0M | 348.0M | 1.1B | 947.0M |
| Free Cash Flow | 384.0M | 469.0M | 576.0M | -72.0M | 512.0M |
| Income Tax Paid Supplemental Data | 85.0M | 104.0M | 94.0M | 67.0M | 57.0M |
| Interest Paid Supplemental Data | 282.0M | 269.0M | 277.0M | 229.0M | 220.0M |
| Asset Impairment Charge | -13.0M | 46.0M | -48.0M | 9.0M | 648.0M |
| Capital Expenditure Reported | -2.0M | -6.0M | -- | -- | -- |
| Cash Dividends Paid | -126.0M | -123.0M | -109.0M | -97.0M | -87.0M |
| Change In Account Payable | -78.0M | -273.0M | -550.0M | 548.0M | 153.0M |
| Change In Income Tax Payable | 6.0M | 15.0M | -66.0M | 60.0M | -2.0M |
| Change In Prepaid Assets | 19.0M | 85.0M | 0.00 | 0.00 | 9.0M |
| Change In Tax Payable | 6.0M | 15.0M | -66.0M | 60.0M | -2.0M |
| Common Stock Issuance | 3.0M | 12.0M | 5.0M | 3.0M | 8.0M |
| Earnings Losses From Equity Investments | -1.0M | 0.00 | 2.0M | -4.0M | -5.0M |
| Gain Loss On Investment Securities | 289.0M | 2.0M | -36.0M | 385.0M | -34.0M |
| Gain Loss On Sale Of PPE | -- | -- | -- | -32.0M | -54.0M |
| Long Term Debt Issuance | 991.0M | 143.0M | 39.0M | 981.0M | 173.0M |
| Long Term Debt Payments | -1.2B | -137.0M | -220.0M | -630.0M | -214.0M |
| Net Business Purchase And Sale | -7.0M | -222.0M | -13.0M | -20.0M | 8.0M |
| Net Foreign Currency Exchange Gain Loss | 6.0M | -29.0M | -9.0M | -82.0M | -24.0M |
| Net Income From Continuing Operations | -158.0M | 239.0M | 796.0M | 161.0M | -425.0M |
| Net Intangibles Purchase And Sale | -11.0M | -10.0M | -13.0M | -31.0M | -9.0M |
| Net Long Term Debt Issuance | -197.0M | 6.0M | -181.0M | 351.0M | -41.0M |
| Net Other Financing Charges | -18.0M | -43.0M | -1.1B | -160.0M | -158.0M |
| Net Other Investing Changes | -10.0M | 24.0M | 40.0M | 135.0M | -24.0M |
| Net Short Term Debt Issuance | -- | -- | -46.0M | -- | -114.0M |
| Operating Gains Losses | 293.0M | -28.0M | -46.0M | 267.0M | -117.0M |
| Preferred Stock Dividend Paid | -52.0M | -52.0M | -51.0M | -43.0M | -39.0M |
| Provisionand Write Offof Assets | -32.0M | 23.0M | -1.0M | 19.0M | -41.0M |
| Purchase Of Intangibles | -11.0M | -10.0M | -13.0M | -31.0M | -9.0M |
| Sale Of PPE | 8.0M | 4.0M | 29.0M | 66.0M | 39.0M |
| Short Term Debt Payments | -- | -- | -46.0M | -- | -114.0M |