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 | 4.2B | 3.7B | 3.7B | 3.6B | 1.4B |
| Operating Revenue | 4.2B | 3.7B | 3.7B | 3.6B | 1.4B |
| Cost Of Revenue | 2.0B | 1.9B | 1.9B | 1.7B | 585.0M |
| Gross Profit | 2.1B | 1.8B | 1.8B | 1.9B | 775.0M |
| Operating Expense | 224.0M | 215.0M | 218.0M | 224.0M | 123.0M |
| Operating Income | 1.9B | 1.6B | 1.6B | 1.7B | 652.0M |
| EBIT | 2.2B | 2.0B | 2.1B | 2.1B | 1.4B |
| Interest Expense | 729.0M | 793.0M | 733.0M | 592.0M | 558.0M |
| Interest Expense Non Operating | 729.0M | 793.0M | 733.0M | 592.0M | 558.0M |
| Interest Income | 58.0M | 47.0M | 49.0M | 51.0M | 307.0M |
| Interest Income Non Operating | 58.0M | 47.0M | 49.0M | 51.0M | 307.0M |
| Net Interest Income | -778.0M | -746.0M | -684.0M | -541.0M | -409.0M |
| Other Income Expense | 308.0M | 376.0M | 399.0M | 348.0M | 622.0M |
| Special Income Charges | 0.00 | 0.00 | 0.00 | -- | 291.0M |
| Write Off | -- | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | 14.0M | 31.0M | 69.0M | 43.0M | -69.0M |
| Earnings From Equity Interest | 294.0M | 345.0M | 330.0M | 305.0M | 400.0M |
| Pretax Income | 1.4B | 1.2B | 1.3B | 1.5B | 865.0M |
| Tax Provision | 263.0M | 245.0M | 337.0M | 293.0M | 78.0M |
| Tax Effect Of Unusual Items | 2.6M | 6.3M | 17.4M | 8.6M | 20.0M |
| Net Income From Continuing And Discontinued Operation | 1.0B | 637.0M | 861.0M | 1.0B | 999.0M |
| Net Income From Continuing Operation Net Minority Interest | 994.0M | 841.0M | 890.0M | 1.0B | 604.0M |
| Net Income Including Noncontrolling Interests | 1.2B | 764.0M | 973.0M | 1.2B | 1.2B |
| Minority Interests | -167.0M | -127.0M | -112.0M | -169.0M | -183.0M |
| Net Income Common Stockholders | 980.0M | 609.0M | 833.0M | 978.0M | 971.0M |
| Net Income | 1.0B | 637.0M | 861.0M | 1.0B | 999.0M |
| EBITDA | 2.9B | 2.7B | 2.7B | 2.7B | 2.1B |
| Normalized EBITDA | 2.9B | 2.7B | 2.7B | 2.7B | 1.8B |
| Reconciled Depreciation | 719.0M | 701.0M | 671.0M | 678.0M | 639.0M |
| Basic EPS | 0.94 | -- | 0.80 | 0.94 | 0.94 |
| Diluted EPS | 0.94 | -- | 0.80 | 0.94 | 0.94 |
| Basic Average Shares | 1.0B | -- | 1.0B | 1.0B | 1.0B |
| Diluted Average Shares | 1.0B | -- | 1.0B | 1.0B | 1.0B |
| Total Unusual Items | 14.0M | 31.0M | 69.0M | 43.0M | 222.0M |
| Total Unusual Items Excluding Goodwill | 14.0M | 31.0M | 69.0M | 43.0M | 222.0M |
| Tax Rate For Calcs | 0.18 | 0.20 | 0.25 | 0.20 | 0.09 |
| Normalized Income | 982.6M | 816.3M | 838.4M | 971.6M | 402.0M |
| Diluted NI Availto Com Stockholders | 980.0M | 609.0M | 833.0M | 978.0M | 971.0M |
| Gain On Sale Of Business | -- | -- | -- | -- | -- |
| Gain On Sale Of Ppe | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Impairment Of Capital Assets | -- | -- | -- | -- | -21.0M |
| Net Income Continuous Operations | 1.2B | 968.0M | 1.0B | 1.2B | 787.0M |
| Net Income Discontinuous Operations | 21.0M | -204.0M | -29.0M | 0.00 | -- |
| Net Non Operating Interest Income Expense | -778.0M | -746.0M | -684.0M | -541.0M | -409.0M |
| Other Taxes | 224.0M | 215.0M | 218.0M | 224.0M | 123.0M |
| Preferred Stock Dividends | 35.0M | 28.0M | 28.0M | 28.0M | 28.0M |
| Reconciled Cost Of Revenue | 2.0B | 1.9B | 1.9B | 1.7B | 585.0M |
| Total Expenses | 2.3B | 2.1B | 2.1B | 2.0B | 708.0M |
| 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 | 168.0M | 1.8B | 1.4B | 2.0B | 801.0M |
| Cash Cash Equivalents And Short Term Investments | 168.0M | 1.8B | 1.4B | 2.0B | 801.0M |
| Accounts Receivable | 2.8B | 2.5B | 2.6B | 2.6B | 2.6B |
| Receivables | 4.3B | 2.5B | 2.6B | 2.6B | 3.1B |
| Inventory | 782.0M | 837.0M | 822.0M | 777.0M | 747.0M |
| Prepaid Assets | 82.0M | -- | -- | -- | 86.0M |
| Other Current Assets | 290.0M | 2.4B | 2.2B | 1.7B | 280.0M |
| Current Assets | 6.3B | 7.8B | 7.1B | 7.3B | 5.7B |
| Gross PPE | 116.2B | 116.0B | 113.6B | 116.4B | 115.5B |
| Accumulated Depreciation | -37.0B | -36.6B | -36.0B | -36.0B | -35.4B |
| Net PPE | 79.2B | 79.5B | 77.6B | 80.5B | 80.1B |
| Goodwill | 13.0B | 13.2B | 12.9B | 13.6B | 13.7B |
| Goodwill And Other Intangible Assets | 13.0B | 13.2B | 12.9B | 13.6B | 13.7B |
| Investments And Advances | 11.4B | 11.1B | 10.8B | 10.7B | 10.6B |
| Long Term Equity Investment | 11.4B | 11.1B | 10.8B | 10.7B | 10.6B |
| Other Non Current Assets | 6.7B | 8.6B | 8.4B | 8.5B | 6.1B |
| Total Non Current Assets | 112.4B | 112.5B | 109.7B | 113.3B | 112.5B |
| Total Assets | 118.8B | 120.2B | 116.8B | 120.5B | 118.2B |
| Current Debt | 2.7B | 5.3B | 5.5B | 4.0B | 3.3B |
| Current Debt And Capital Lease Obligation | 2.8B | 5.3B | 5.5B | 4.0B | 3.4B |
| Accounts Payable | 3.3B | 4.9B | 4.4B | 4.5B | 3.7B |
| Payables | 4.8B | 5.8B | 5.3B | 5.4B | 4.9B |
| Payables And Accrued Expenses | 5.7B | 6.6B | 6.1B | 6.2B | 5.8B |
| Current Accrued Expenses | 858.0M | 831.0M | 821.0M | 820.0M | 828.0M |
| Current Deferred Revenue | 46.0M | -- | -- | -- | 30.0M |
| Other Current Liabilities | 1.4B | 420.0M | 102.0M | 113.0M | 1.3B |
| Current Liabilities | 10.0B | 12.3B | 11.7B | 10.3B | 10.5B |
| Long Term Debt | 57.5B | 56.1B | 53.9B | 58.0B | 56.0B |
| Long Term Debt And Capital Lease Obligation | 57.8B | 56.1B | 53.9B | 58.0B | 56.5B |
| Long Term Capital Lease Obligation | 370.0M | -- | -- | -- | 451.0M |
| Other Non Current Liabilities | 6.1B | 6.7B | 6.5B | 6.5B | 5.5B |
| Total Non Current Liabilities Net Minority Interest | 71.9B | 70.4B | 67.7B | 71.8B | 69.4B |
| Total Liabilities Net Minority Interest | 81.9B | 82.7B | 79.5B | 82.1B | 79.9B |
| Common Stock | 30.2B | 30.2B | 30.2B | 30.1B | 30.1B |
| Capital Stock | 32.5B | 32.7B | 32.7B | 32.6B | 32.6B |
| Additional Paid In Capital | 0.00 | -- | -- | -- | 0.00 |
| Retained Earnings | -5.9B | -6.0B | -5.7B | -5.1B | -5.2B |
| Gains Losses Not Affecting Retained Earnings | 747.0M | 793.0M | 604.0M | 205.0M | 233.0M |
| Other Equity Adjustments | 747.0M | 793.0M | 604.0M | 205.0M | 233.0M |
| Common Stock Equity | 25.0B | 25.0B | 25.0B | 25.2B | 25.1B |
| Stockholders Equity | 27.3B | 27.5B | 27.5B | 27.7B | 27.6B |
| Total Equity Gross Minority Interest | 36.9B | 37.6B | 37.4B | 38.4B | 38.4B |
| Minority Interest | 9.6B | 10.1B | 9.9B | 10.7B | 10.8B |
| Total Capitalization | 84.7B | 83.6B | 81.4B | 85.7B | 83.6B |
| Net Tangible Assets | 14.3B | 14.2B | 14.6B | 14.0B | 13.9B |
| Tangible Book Value | 12.0B | 11.7B | 12.1B | 11.5B | 11.4B |
| Working Capital | -3.6B | -4.5B | -4.6B | -3.1B | -4.8B |
| Invested Capital | 85.2B | 86.3B | 84.4B | 87.2B | 84.5B |
| Total Debt | 60.6B | 61.4B | 59.4B | 62.0B | 59.9B |
| Net Debt | 60.0B | 59.6B | 58.0B | 60.0B | 58.6B |
| Share Issued | 1.0B | 1.0B | 1.0B | 1.0B | 1.0B |
| Ordinary Shares Number | 1.0B | 1.0B | 1.0B | 1.0B | 1.0B |
| Assets Held For Sale Current | 197.0M | 283.0M | 172.0M | 234.0M | 235.0M |
| Capital Lease Obligations | 431.0M | -- | -- | -- | 511.0M |
| Construction In Progress | 4.1B | -- | -- | -- | 11.1B |
| Current Capital Lease Obligation | 61.0M | -- | -- | -- | 60.0M |
| Current Deferred Liabilities | 46.0M | -- | -- | -- | 30.0M |
| Current Notes Payable | 1.2B | 2.4B | 2.4B | 1.5B | 387.0M |
| Defined Pension Benefit | 967.0M | -- | -- | -- | 758.0M |
| Derivative Product Liabilities | 149.0M | -- | -- | -- | 209.0M |
| Dividends Payable | 901.0M | 901.0M | 901.0M | 900.0M | 874.0M |
| Employee Benefits | 69.0M | -- | -- | -- | 94.0M |
| Financial Assets | 161.0M | -- | -- | -- | 122.0M |
| Hedging Assets Current | 438.0M | -- | -- | -- | 347.0M |
| Income Tax Payable | 38.0M | -- | -- | -- | 143.0M |
| Interest Payable | 858.0M | 831.0M | 821.0M | 820.0M | 828.0M |
| Liabilities Heldfor Sale Non Current | 0.00 | 0.00 | 114.0M | 110.0M | 110.0M |
| Long Term Provisions | 119.0M | -- | -- | -- | 108.0M |
| Non Current Accounts Receivable | 627.0M | -- | -- | -- | 608.0M |
| Non Current Deferred Assets | 356.0M | -- | -- | -- | 428.0M |
| Non Current Deferred Liabilities | 7.7B | 7.5B | 7.2B | 7.2B | 6.9B |
| Non Current Deferred Taxes Assets | 356.0M | -- | -- | -- | 428.0M |
| Non Current Deferred Taxes Liabilities | 7.7B | 7.5B | 7.2B | 7.2B | 6.9B |
| Non Current Pension And Other Postretirement Benefit Plans | 69.0M | -- | -- | -- | 94.0M |
| Other Current Borrowings | 1.5B | 2.9B | 3.1B | 2.5B | 3.0B |
| Other Payable | 600.0M | -- | -- | -- | 219.0M |
| Other Properties | 9.0B | 116.0B | 113.6B | 116.4B | 3.4B |
| Other Receivables | 1.5B | -- | -- | -- | 498.0M |
| Preferred Shares Number | 92.0M | 100.7M | 100.7M | 100.7M | 100.7M |
| Preferred Stock | 2.3B | 2.5B | 2.5B | 2.5B | 2.5B |
| Preferred Stock Equity | 2.3B | 2.5B | 2.5B | 2.5B | 2.5B |
| Restricted Cash | 93.0M | -- | -- | -- | 128.0M |
| Total Tax Payable | 38.0M | -- | -- | -- | 143.0M |
| 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 | 1.9B | 1.9B | 2.2B | 1.4B | 2.1B |
| Cash Flow From Continuing Operating Activities | 1.9B | 1.9B | 2.2B | 1.4B | 2.1B |
| Depreciation And Amortization | 719.0M | 701.0M | 671.0M | 678.0M | 639.0M |
| Depreciation Amortization Depletion | 719.0M | 701.0M | 671.0M | 678.0M | 639.0M |
| Deferred Tax | 107.0M | 135.0M | 314.0M | 210.0M | 96.0M |
| Deferred Income Tax | 107.0M | 135.0M | 314.0M | 210.0M | 96.0M |
| Change In Working Capital | -252.0M | 130.0M | 209.0M | -590.0M | 512.0M |
| Other Non Cash Items | -70.0M | 154.0M | -68.0M | -167.0M | -302.0M |
| Capital Expenditure | -1.4B | -1.3B | -1.1B | -1.6B | -1.6B |
| Purchase Of Business | -293.0M | -249.0M | -264.0M | -245.0M | -3.8B |
| Investing Cash Flow | -1.6B | -1.6B | -1.5B | -1.7B | -2.5B |
| Cash Flow From Continuing Investing Activities | -1.6B | -1.6B | -1.5B | -1.7B | -2.5B |
| Issuance Of Debt | 2.8B | 1.8B | 0.00 | 3.5B | 0.00 |
| Repayment Of Debt | -2.1B | -805.0M | -1.2B | -2.0B | -7.9B |
| Net Issuance Payments Of Debt | -474.0M | 956.0M | -272.0M | 2.6B | -7.9B |
| Issuance Of Capital Stock | 17.0M | 37.0M | 20.0M | 30.0M | -352.0M |
| Repurchase Of Capital Stock | -250.0M | 0.00 | -- | 0.00 | -- |
| Net Common Stock Issuance | 17.0M | 37.0M | 20.0M | 30.0M | -352.0M |
| Common Stock Dividend Paid | -884.0M | -885.0M | -883.0M | -855.0M | -996.0M |
| Common Stock Payments | -- | 0.00 | -- | 0.00 | -- |
| Financing Cash Flow | -1.9B | 69.0M | -1.2B | 1.5B | -8.9B |
| Cash Flow From Continuing Financing Activities | -1.9B | 69.0M | -1.2B | 1.5B | -8.9B |
| Effect Of Exchange Rate Changes | 0.00 | -16.0M | 19.0M | -8.0M | 189.0M |
| Changes In Cash | -1.6B | 396.0M | -559.0M | 1.2B | -9.4B |
| Beginning Cash Position | 1.8B | 1.4B | 2.0B | 801.0M | 10.0B |
| End Cash Position | 168.0M | 1.8B | 1.4B | 2.0B | 801.0M |
| Free Cash Flow | 544.0M | 663.0M | 1.1B | -205.0M | 435.0M |
| Asset Impairment Charge | 29.0M | 0.00 | -- | -- | 0.00 |
| Capital Expenditure Reported | -1.4B | -1.3B | -1.1B | -1.6B | -1.6B |
| Cash Dividends Paid | -913.0M | -914.0M | -911.0M | -883.0M | -1.0B |
| Common Stock Issuance | 17.0M | 37.0M | 20.0M | 30.0M | -352.0M |
| Dividend Received Cfo | 525.0M | 339.0M | 416.0M | 336.0M | 332.0M |
| Dividends Received Cfi | 0.00 | 0.00 | 0.00 | 5.0M | 3.1B |
| Earnings Losses From Equity Investments | -294.0M | -345.0M | -330.0M | -305.0M | -450.0M |
| Long Term Debt Issuance | 2.8B | 1.8B | 0.00 | 3.5B | 0.00 |
| Long Term Debt Payments | -2.1B | -805.0M | -1.2B | -2.0B | -7.9B |
| Net Business Purchase And Sale | -293.0M | -249.0M | -264.0M | -245.0M | -3.8B |
| Net Foreign Currency Exchange Gain Loss | 55.0M | -76.0M | 165.0M | 5.0M | -- |
| Net Income From Continuing Operations | 1.2B | 764.0M | 973.0M | 1.2B | 1.2B |
| Net Long Term Debt Issuance | 687.0M | 1.0B | -1.2B | 1.5B | -7.9B |
| Net Other Financing Charges | -265.0M | -10.0M | -83.0M | -220.0M | 365.0M |
| Net Other Investing Changes | 0.00 | -87.0M | -107.0M | 68.0M | -219.0M |
| Net Short Term Debt Issuance | -1.2B | -59.0M | 949.0M | 1.1B | -80.0M |
| Operating Gains Losses | -239.0M | -420.0M | -165.0M | -298.0M | -666.0M |
| Other Cash Adjustment Outside Changein Cash | -- | 0.00 | 0.00 | 0.00 | -- |
| Pension And Employee Benefit Expense | 0.00 | 1.0M | 0.00 | 2.0M | 0.00 |
| Preferred Stock Dividend Paid | -29.0M | -29.0M | -28.0M | -28.0M | -26.0M |
| Provisionand Write Offof Assets | -5.0M | -14.0M | 104.0M | -2.0M | -3.0M |
| Unrealized Gain Loss On Investment Securities | -102.0M | 131.0M | -281.0M | 17.0M | 294.0M |