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 | 5.5B | 6.2B | 6.5B | 9.7B | -- |
| Operating Revenue | 5.5B | 6.2B | 6.5B | 9.7B | -- |
| Cost Of Revenue | 4.2B | 4.3B | 4.7B | 5.1B | -- |
| Gross Profit | 1.3B | 1.8B | 1.8B | 4.6B | -- |
| Selling General And Administration | 1.0B | 1.1B | 1.2B | 1.3B | -- |
| General And Administrative Expense | 266.0M | 296.0M | 332.0M | 370.0M | -- |
| Depreciation And Amortization In Income Statement | 544.0M | 549.0M | 541.0M | 589.0M | -- |
| Operating Expense | 1.8B | 1.7B | 1.8B | 1.9B | -- |
| Operating Income | -475.0M | 109.0M | -6.0M | 2.6B | -- |
| EBIT | -1.2B | 64.0M | -204.0M | 2.6B | -- |
| Interest Expense | 19.0M | 26.0M | 24.0M | 24.0M | -- |
| Interest Expense Non Operating | 19.0M | 26.0M | 24.0M | 24.0M | -- |
| Interest Income | 24.0M | 63.0M | 74.0M | 27.0M | -- |
| Interest Income Non Operating | 24.0M | 63.0M | 74.0M | 27.0M | -- |
| Net Interest Income | 1.0M | 34.0M | 51.0M | -3.0M | -- |
| Other Income Expense | -696.0M | -105.0M | -274.0M | -23.0M | -- |
| Other Non Operating Income Expenses | 9.0M | 3.0M | 1.0M | -4.0M | -- |
| Special Income Charges | -706.0M | -102.0M | -279.0M | -60.0M | -- |
| Restructuring And Mergern Acquisition | 303.0M | 29.0M | 131.0M | 18.0M | -- |
| Write Off | -- | 0.00 | 7.0M | 0.00 | -- |
| Gain On Sale Of Security | 1.0M | -6.0M | 4.0M | 41.0M | -- |
| Pretax Income | -1.2B | 38.0M | -228.0M | 2.6B | -- |
| Tax Provision | -233.0M | 43.0M | -61.0M | 618.0M | -- |
| Tax Effect Of Unusual Items | -141.0M | -16.2M | -73.6M | -4.6M | -- |
| Net Income From Continuing And Discontinued Operation | -937.0M | -5.0M | -167.0M | 2.0B | -- |
| Net Income From Continuing Operation Net Minority Interest | -937.0M | -5.0M | -167.0M | 2.0B | -- |
| Net Income Including Noncontrolling Interests | -937.0M | -5.0M | -167.0M | 2.0B | -- |
| Net Income Common Stockholders | -937.0M | -5.0M | -167.0M | 2.0B | -- |
| Net Income | -937.0M | -5.0M | -167.0M | 2.0B | -- |
| EBITDA | -608.0M | 614.0M | 337.0M | 3.2B | -- |
| Normalized EBITDA | 97.0M | 722.0M | 612.0M | 3.2B | -- |
| Reconciled Depreciation | 544.0M | 550.0M | 540.0M | 589.0M | -- |
| Basic EPS | -11.87 | -0.06 | -2.01 | 21.06 | -- |
| Diluted EPS | -12.08 | -0.07 | -2.01 | 20.86 | -- |
| Basic Average Shares | 79.0M | 80.9M | 83.2M | 93.8M | -- |
| Diluted Average Shares | 79.2M | 81.1M | 83.2M | 94.2M | -- |
| Total Unusual Items | -705.0M | -108.0M | -275.0M | -19.0M | -- |
| Total Unusual Items Excluding Goodwill | -705.0M | -108.0M | -275.0M | -19.0M | -- |
| Tax Rate For Calcs | 0.20 | 0.15 | 0.27 | 0.24 | -- |
| Normalized Income | -373.0M | 86.8M | 34.4M | 2.0B | -- |
| Amortization | 544.0M | 549.0M | 541.0M | 589.0M | -- |
| Amortization Of Intangibles Income Statement | 544.0M | 549.0M | 541.0M | 589.0M | -- |
| Average Dilution Earnings | -19.0M | 0.00 | 0.00 | -10.0M | -- |
| Depreciation Amortization Depletion Income Statement | 544.0M | 549.0M | 541.0M | 589.0M | -- |
| Diluted NI Availto Com Stockholders | -956.0M | -6.0M | -167.0M | 2.0B | -- |
| Gain On Sale Of Ppe | 6.0M | 0.00 | -- | -- | -- |
| Impairment Of Capital Assets | 409.0M | 73.0M | 141.0M | 42.0M | -- |
| Net Income Continuous Operations | -937.0M | -5.0M | -167.0M | 2.0B | -- |
| Net Non Operating Interest Income Expense | 1.0M | 34.0M | 51.0M | -3.0M | -- |
| Other Gand A | 280.0M | 282.0M | 307.0M | 365.0M | -- |
| Other Special Charges | -- | 1.0M | -6.0M | 5.0M | 12.0M |
| Other Taxes | 177.0M | 72.0M | 8.0M | 18.0M | -- |
| Reconciled Cost Of Revenue | 4.2B | 4.3B | 4.7B | 5.1B | -- |
| Salaries And Wages | -14.0M | 14.0M | 25.0M | 5.0M | -- |
| Selling And Marketing Expense | 766.0M | 815.0M | 894.0M | 963.0M | -- |
| Total Expenses | 5.9B | 6.1B | 6.5B | 7.1B | -- |
| Total Operating Income As Reported | -1.2B | 7.0M | -284.0M | 2.6B | -- |
| Total Other Finance Cost | 4.0M | 3.0M | -1.0M | 6.0M | -- |
| 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 | 202.0M | 641.0M | 900.0M | 1.2B | -- |
| Cash Cash Equivalents And Short Term Investments | 202.0M | 641.0M | 900.0M | 1.2B | -- |
| Cash Equivalents | 44.0M | 252.0M | 387.0M | 456.0M | -- |
| Cash Financial | 157.0M | 389.0M | 513.0M | 706.0M | -- |
| Other Short Term Investments | -- | -- | -- | -- | 721.0M |
| Accounts Receivable | 186.0M | 239.0M | 250.0M | 286.0M | -- |
| Receivables | 323.0M | 316.0M | 404.0M | 495.0M | -- |
| Inventory | 828.0M | 844.0M | 851.0M | 1.0B | -- |
| Prepaid Assets | 34.0M | 36.0M | 40.0M | 60.0M | -- |
| Current Assets | 1.4B | 1.8B | 2.4B | 2.7B | -- |
| Gross PPE | 7.7B | 7.6B | 7.2B | 7.3B | -- |
| Accumulated Depreciation | -4.2B | -3.8B | -3.3B | -3.3B | -- |
| Net PPE | 3.6B | 3.8B | 3.8B | 4.0B | -- |
| Goodwill | 1.5B | 1.9B | 1.9B | 1.9B | -- |
| Goodwill And Other Intangible Assets | 2.1B | 2.5B | 2.7B | 2.7B | -- |
| Other Intangible Assets | 590.0M | 660.0M | 735.0M | 765.0M | -- |
| Other Non Current Assets | 23.0M | 13.0M | 12.0M | 31.0M | -- |
| Total Non Current Assets | 6.2B | 6.9B | 7.0B | 7.2B | -- |
| Total Assets | 7.6B | 8.8B | 9.4B | 10.0B | -- |
| Current Debt | -- | 200.0M | 300.0M | -- | -- |
| Current Debt And Capital Lease Obligation | 9.0M | 210.0M | 313.0M | 11.0M | -- |
| Accounts Payable | 398.0M | 401.0M | 417.0M | 430.0M | -- |
| Payables | 491.0M | 562.0M | 487.0M | 511.0M | -- |
| Payables And Accrued Expenses | 493.0M | 564.0M | 492.0M | 516.0M | -- |
| Current Accrued Expenses | 2.0M | 2.0M | 5.0M | 5.0M | -- |
| Current Deferred Revenue | -- | -- | -- | -- | 51.0M |
| Other Current Liabilities | 5.0M | 3.0M | 63.0M | -- | -- |
| Current Liabilities | 651.0M | 934.0M | 1.1B | 792.0M | -- |
| Long Term Debt | 300.0M | -- | 199.0M | 499.0M | 499.0M |
| Long Term Debt And Capital Lease Obligation | 324.0M | 19.0M | 225.0M | 525.0M | -- |
| Long Term Capital Lease Obligation | 24.0M | 19.0M | 26.0M | 26.0M | -- |
| Other Non Current Liabilities | 197.0M | 68.0M | 47.0M | 18.0M | -- |
| Total Non Current Liabilities Net Minority Interest | 1.1B | 872.0M | 1.1B | 1.6B | -- |
| Total Liabilities Net Minority Interest | 1.8B | 1.8B | 2.2B | 2.4B | -- |
| Common Stock | 2.5B | 2.5B | 2.6B | 2.7B | -- |
| Capital Stock | 2.5B | 2.5B | 2.6B | 2.7B | -- |
| Retained Earnings | 3.6B | 4.7B | 4.9B | 5.3B | -- |
| Gains Losses Not Affecting Retained Earnings | -277.0M | -321.0M | -297.0M | -332.0M | -- |
| Other Equity Adjustments | -277.0M | -321.0M | -297.0M | -332.0M | -- |
| Common Stock Equity | 5.8B | 7.0B | 7.2B | 7.6B | -- |
| Stockholders Equity | 5.8B | 7.0B | 7.2B | 7.6B | -- |
| Total Equity Gross Minority Interest | 5.8B | 7.0B | 7.2B | 7.6B | -- |
| Total Capitalization | 6.1B | 7.0B | 7.4B | 8.1B | -- |
| Net Tangible Assets | 3.8B | 4.4B | 4.5B | 4.9B | -- |
| Tangible Book Value | 3.8B | 4.4B | 4.5B | 4.9B | -- |
| Working Capital | 736.0M | 903.0M | 1.3B | 2.0B | -- |
| Invested Capital | 6.1B | 7.2B | 7.7B | 8.1B | -- |
| Total Debt | 333.0M | 229.0M | 538.0M | 536.0M | -- |
| Net Debt | 98.0M | -- | -- | -- | -- |
| Share Issued | 78.3M | 80.0M | 81.7M | 83.6M | -- |
| Ordinary Shares Number | 78.3M | 80.0M | 81.7M | 83.6M | -- |
| Assets Held For Sale Current | -- | 0.00 | 182.0M | 0.00 | -- |
| Capital Lease Obligations | 33.0M | 29.0M | 39.0M | 37.0M | -- |
| Construction In Progress | 282.0M | 445.0M | 376.0M | 359.0M | -- |
| Current Capital Lease Obligation | 9.0M | 10.0M | 13.0M | 11.0M | -- |
| Current Deferred Liabilities | -- | -- | -- | -- | 51.0M |
| Current Notes Payable | -- | -- | -- | -- | 0.00 |
| Current Provisions | 68.0M | 60.0M | 63.0M | 68.0M | -- |
| Defined Pension Benefit | 52.0M | 61.0M | 83.0M | 132.0M | -- |
| Derivative Product Liabilities | 6.0M | 8.0M | 12.0M | 4.0M | -- |
| Dividends Payable | 25.0M | 26.0M | 25.0M | 25.0M | -- |
| Employee Benefits | 102.0M | 97.0M | 106.0M | 77.0M | -- |
| Financial Assets | 24.0M | 12.0M | 18.0M | 12.0M | -- |
| Finished Goods | 315.0M | 344.0M | 363.0M | 428.0M | -- |
| Income Tax Payable | 14.0M | 75.0M | 7.0M | 12.0M | -- |
| Interest Payable | 2.0M | 2.0M | 5.0M | 5.0M | -- |
| Land And Improvements | 163.0M | 165.0M | 156.0M | 157.0M | -- |
| Line Of Credit | -- | -- | -- | -- | 0.00 |
| Long Term Provisions | 94.0M | 71.0M | 69.0M | 70.0M | -- |
| Machinery Furniture Equipment | 7.2B | 6.9B | 6.5B | 6.7B | -- |
| Non Current Accounts Receivable | 474.0M | 408.0M | 377.0M | 354.0M | -- |
| Non Current Deferred Assets | 6.0M | 7.0M | 6.0M | 4.0M | -- |
| Non Current Deferred Liabilities | 397.0M | 609.0M | 683.0M | 795.0M | -- |
| Non Current Deferred Taxes Assets | 6.0M | 7.0M | 6.0M | 4.0M | -- |
| Non Current Deferred Taxes Liabilities | 397.0M | 609.0M | 683.0M | 795.0M | -- |
| Non Current Pension And Other Postretirement Benefit Plans | 102.0M | 97.0M | 106.0M | 77.0M | -- |
| Non Current Prepaid Assets | 0.00 | 42.0M | 25.0M | 354.0M | -- |
| Other Current Borrowings | -- | 200.0M | 300.0M | -- | -- |
| Other Payable | 38.0M | 52.0M | 33.0M | 40.0M | -- |
| Other Properties | 98.0M | 92.0M | 95.0M | 65.0M | -- |
| Other Receivables | 31.0M | 28.0M | 35.0M | 42.0M | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 76.0M | 97.0M | 119.0M | 197.0M | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Raw Materials | 513.0M | 500.0M | 488.0M | 604.0M | -- |
| Taxes Receivable | 106.0M | 49.0M | 119.0M | 167.0M | -- |
| Total Tax Payable | 30.0M | 83.0M | 12.0M | 16.0M | -- |
| Tradeand Other Payables Non Current | -- | -- | 24.0M | 73.0M | 69.0M |
| Treasury Shares Number | 20,850 | 53,937 | -- | -- | -- |
| 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 | 96.0M | 661.0M | 525.0M | 2.2B | -- |
| Cash Flow From Continuing Operating Activities | 95.0M | 663.0M | 524.0M | 2.2B | -- |
| Depreciation And Amortization | 544.0M | 550.0M | 540.0M | 589.0M | -- |
| Depreciation Amortization Depletion | 544.0M | 550.0M | 540.0M | 589.0M | -- |
| Deferred Tax | -174.0M | 53.0M | -106.0M | 519.0M | -- |
| Deferred Income Tax | -174.0M | 53.0M | -106.0M | 519.0M | -- |
| Change In Working Capital | -2.0M | -15.0M | 11.0M | 55.0M | -- |
| Change In Receivables | 59.0M | 5.0M | 6.0M | 140.0M | -- |
| Change In Inventory | -1.0M | 11.0M | 132.0M | 20.0M | -- |
| Change In Payables And Accrued Expense | -61.0M | -35.0M | -131.0M | -99.0M | -- |
| Other Non Cash Items | 245.0M | -76.0M | 5.0M | -75.0M | -- |
| Capital Expenditure | -411.0M | -487.0M | -477.0M | -477.0M | -- |
| Purchase Of PPE | -411.0M | -487.0M | -477.0M | -477.0M | -- |
| Net PPE Purchase And Sale | -411.0M | -487.0M | -477.0M | -477.0M | -- |
| Purchase Of Business | -- | 0.00 | -100.0M | 0.00 | -302.0M |
| Sale Of Business | 0.00 | 124.0M | 0.00 | 0.00 | -- |
| Investing Cash Flow | -380.0M | -318.0M | -530.0M | -459.0M | -- |
| Cash Flow From Continuing Investing Activities | -380.0M | -318.0M | -530.0M | -459.0M | -- |
| Issuance Of Debt | 100.0M | 0.00 | -- | -- | -- |
| Repayment Of Debt | -15.0M | -315.0M | -15.0M | -14.0M | -- |
| Net Issuance Payments Of Debt | 85.0M | -315.0M | -15.0M | -14.0M | -- |
| Issuance Of Capital Stock | 0.00 | 1.0M | 0.00 | 0.00 | -- |
| Repurchase Of Capital Stock | -129.0M | -140.0M | -129.0M | -2.0B | -- |
| Net Common Stock Issuance | -129.0M | -139.0M | -129.0M | -2.0B | -- |
| Common Stock Dividend Paid | -101.0M | -101.0M | -100.0M | -99.0M | -- |
| Common Stock Payments | -129.0M | -140.0M | -129.0M | -2.0B | -- |
| Financing Cash Flow | -167.0M | -582.0M | -268.0M | -2.1B | -- |
| Cash Flow From Continuing Financing Activities | -166.0M | -582.0M | -268.0M | -2.1B | -- |
| Effect Of Exchange Rate Changes | 11.0M | -21.0M | 10.0M | -28.0M | -- |
| Changes In Cash | -450.0M | -238.0M | -272.0M | -378.0M | -- |
| Beginning Cash Position | 641.0M | 900.0M | 1.2B | 1.6B | -- |
| End Cash Position | 202.0M | 641.0M | 900.0M | 1.2B | -- |
| Free Cash Flow | -315.0M | 174.0M | 48.0M | 1.7B | -- |
| Amortization Cash Flow | 66.0M | 80.0M | 78.0M | 82.0M | -- |
| Amortization Of Intangibles | 66.0M | 80.0M | 78.0M | 82.0M | -- |
| Asset Impairment Charge | 409.0M | 73.0M | 195.0M | 51.0M | -- |
| Cash Dividends Paid | -101.0M | -101.0M | -100.0M | -99.0M | -- |
| Change In Prepaid Assets | 1.0M | 4.0M | 4.0M | -6.0M | -- |
| Common Stock Issuance | 0.00 | 1.0M | 0.00 | 0.00 | -- |
| Depreciation | 478.0M | 470.0M | 462.0M | 507.0M | -- |
| Gain Loss On Investment Securities | -18.0M | 8.0M | -13.0M | -- | -- |
| Interest Paid Cff | -21.0M | -27.0M | -24.0M | -23.0M | -- |
| Interest Received Cfi | 24.0M | 43.0M | 47.0M | 17.0M | -- |
| Long Term Debt Issuance | 100.0M | 0.00 | -- | -- | -- |
| Long Term Debt Payments | -15.0M | -315.0M | -15.0M | -14.0M | -- |
| Net Business Purchase And Sale | 0.00 | 124.0M | -100.0M | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | 5.0M | -7.0M | 7.0M | -28.0M | -- |
| Net Income From Continuing Operations | -937.0M | -5.0M | -167.0M | 2.0B | -- |
| Net Long Term Debt Issuance | 85.0M | -315.0M | -15.0M | -14.0M | -- |
| Net Other Financing Charges | -1.0M | -- | -- | -- | -64.0M |
| Net Other Investing Changes | 7.0M | 2.0M | -- | 1.0M | 7.0M |
| Operating Gains Losses | 57.0M | 78.0M | 71.0M | 75.0M | -- |
| Pension And Employee Benefit Expense | 70.0M | 77.0M | 77.0M | 103.0M | -- |
| Taxes Refund Paid | -46.0M | 3.0M | -24.0M | -982.0M | -- |