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$14.09B
Revenue
$2.89B
Net Income
-
Gross Margin
32.08%
Op. Margin
$2.64B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 17 annual reports available (2009 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $14.09B $14.09B $14.54B $14.66B $14.85B $12.52B $10.58B $11.94B $12.25B $11.41B $11.07B
Revenue Growth % 0.0% -3.1% -0.8% -1.3% 18.6% 18.3% -11.3% -2.6% 7.4% 3.1% nan%
Operating Expenses - - - - - - - - $7.38B $7.74B $7.68B
+ Operating Income $4.52B $4.52B $5.25B $5.56B $6.02B $5.59B $4.36B $4.96B $4.87B $3.67B $3.39B
Operating Margin % 32.1% 32.1% 36.1% 37.9% 40.6% 44.7% 41.2% 41.6% 39.7% 32.1% 30.6%
Interest Expense $870.00M $870.00M $850.00M $806.00M $729.00M $718.00M $750.00M $717.00M $614.00M $546.00M $579.00M
Other Income/Expense $14.00M $14.00M $7.00M $31.00M $133.00M $79.00M $19.00M $88.00M $74.00M $21.00M $46.00M
Income Before Tax $3.77B $3.77B $4.55B $4.89B $5.41B $4.95B $3.63B $4.32B $4.30B $3.14B $2.74B
Income Tax Expense $880.00M $880.00M $1.08B $1.18B $1.25B $1.17B $862.00M $985.00M $995.00M $-2.33B $1.03B
+ Net Income $2.89B $2.89B $3.47B $3.71B $4.17B $3.78B $2.77B $3.33B $3.31B $5.47B $1.71B
Net Margin % 20.5% 20.5% 23.9% 25.3% 28.0% 30.2% 26.1% 27.9% 27.0% 48.0% 15.5%
Basic EPS 1.53 1.54 1.79 1.85 1.95 1.68 3.61 4.18 3.86 6.01 1.81
Diluted EPS 1.53 1.54 1.79 1.85 1.95 1.68 3.60 4.17 3.84 5.99 1.81
Basic Shares Outstanding - 1.87B 1.94B 2.01B 2.14B 2.25B 766.0M 796.0M 857.0M 911.0M 947.0M
Diluted Shares Outstanding - 1.87B 1.94B 2.01B 2.14B 2.25B 768.0M 798.0M 861.0M 914.0M 948.0M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents - - - $1.96B $2.24B $3.13B $958.00M $858.00M $401.00M $603.00M
Short-term Investments $5.00M $72.00M $83.00M $129.00M $77.00M $2.00M $996.00M $253.00M $18.00M $417.00M
Accounts Receivable $1.30B $1.33B $1.39B $1.31B $1.15B $912.00M $986.00M $1.01B $970.00M $938.00M
Other Current Assets $187.00M $75.00M $109.00M $108.00M $70.00M $96.00M $77.00M $181.00M $154.00M $122.00M
Total Current Assets $2.55B $2.82B $3.38B $3.85B $3.87B $4.44B $3.28B $2.56B $1.92B $2.49B
Property Plant & Equipment $36.81B $35.66B $34.94B $34.24B $33.02B $32.44B $32.17B $32.00B $31.76B $31.15B
Goodwill $80.00M $239.00M $325.00M - - - - - - -
Intangible Assets $187.00M $194.00M $181.00M - - - - - - -
Other Non-current Assets $956.00M $846.00M $688.00M $522.00M $592.00M $451.00M $400.00M $387.00M $374.00M $318.00M
Total Assets $43.68B $42.76B $42.41B $41.91B $40.53B $39.79B $38.26B $36.73B $35.74B $35.41B
Accounts Payable $1.15B $1.29B $1.24B $1.13B $963.00M $809.00M $1.04B $949.00M $847.00M $806.00M
Other Current Liabilities $272.00M $243.00M $243.00M $228.00M $207.00M $164.00M $205.00M $179.00M $161.00M $114.00M
Total Current Liabilities $3.13B $3.28B $3.22B $2.47B $2.23B $2.02B $2.15B $1.92B $1.89B $2.04B
Long-term Debt $18.16B $17.90B $17.98B $17.90B $16.18B $16.30B $15.99B $14.74B $11.79B $10.96B
Deferred Tax Liabilities $7.91B $7.72B $7.75B $7.57B $7.38B $7.17B $6.96B $6.69B $6.42B $9.60B
Other Non-current Liabilities $536.00M $560.00M $543.00M $571.00M $502.00M $513.00M $591.00M $594.00M $650.00M $863.00M
Total Liabilities $30.52B $30.26B $30.27B $29.29B $27.03B $26.68B $26.39B $24.15B $21.02B $23.72B
Common Stock $1.86B $1.90B $1.96B $2.07B $2.20B $763.00M $773.00M $818.00M $890.00M $928.00M
Retained Earnings $10.56B $9.99B $9.79B $10.36B $11.63B $12.53B $11.40B $12.16B $14.08B $11.25B
Total Stockholders Equity $13.16B $12.51B $12.13B $12.62B $13.50B $13.11B $11.86B $12.58B $14.72B $11.69B
Total Liabilities & Equity $43.68B $42.76B $42.41B $41.91B $40.53B $39.79B $38.26B $36.73B $35.74B $35.41B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $3.54B $2.89B $3.47B $3.71B $4.17B $3.78B $2.77B $3.33B $3.31B $5.47B $1.71B
Depreciation & Amortization $2.10B $1.68B $1.66B $1.61B $1.50B $1.42B $1.38B - - - -
Deferred Income Tax $206.00M $194.00M $12.00M $140.00M $117.00M $167.00M $180.00M $273.00M $279.00M $-3.23B $405.00M
Change in Receivables $-43.00M $-88.00M $-82.00M $51.00M $101.00M $141.00M $-83.00M $-45.00M $46.00M $70.00M $-84.00M
Change in Payables $147.00M $40.00M $-5.00M $83.00M $140.00M $128.00M $-20.00M $98.00M $104.00M $41.00M $40.00M
Operating Cash Flow $7.76B $4.61B $5.25B $5.55B $5.62B $5.10B $4.26B $4.85B $4.64B $3.47B $3.04B
Capital Expenditure $5.12B $2.90B $2.53B $2.28B $2.13B $1.79B $1.63B $1.66B $1.75B $2.04B $2.40B
Acquisitions $30.00M $16.00M $70.00M $31.00M $227.00M $541.00M - - - - -
Investing Cash Flow $-4.95B $-2.85B $-2.60B $-2.29B $-2.13B $-1.88B $-649.00M $-2.10B $-1.68B $-1.50B $-1.80B
Debt Repayment $618.00M $613.00M $558.00M $153.00M $186.00M $426.00M $745.00M $518.00M $19.00M $333.00M $1.42B
Stock Repurchased $3.32B $1.40B $2.24B $3.48B $4.73B $2.89B $867.00M $3.37B $4.67B $1.97B $1.06B
Dividends Paid $1.71B $972.00M $930.00M $882.00M $852.00M $839.00M $797.00M $763.00M $751.00M $708.00M $680.00M
Financing Cash Flow $-3.41B $-2.02B $-3.06B $-3.87B $-3.77B $-4.11B $-1.44B $-2.65B $-2.50B $-2.18B $-1.27B
Net Change in Cash $-603.00M $-263.00M $-420.00M $-605.00M $-281.00M $-890.00M $2.17B $100.00M $457.00M $-202.00M $-25.00M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $3.59B - $10.58B -
Operating Income $1.09B - $3.41B -
Interest Expense $210.00M - $631.00M -
Other Income/Expense $21.00M - $69.00M -
Income Before Tax $898.00M - $2.85B -
Income Tax Expense $204.00M - $680.00M -
Net Income $694.00M $963.00M $2.17B -
Basic EPS 0.37 - 1.16 -
Diluted EPS 0.37 - 1.16 -
Basic Shares Outstanding $1.86B - $1.87B -
Diluted Shares Outstanding $1.87B - $1.88B -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Short-term Investments $6.00M $72.00M
Accounts Receivable $1.37B $1.33B
Other Current Assets $109.00M $75.00M
Total Current Assets $2.51B $2.82B
Property Plant & Equipment $36.53B $35.66B
Other Non-current Assets $896.00M $846.00M
Total Assets $43.28B $42.76B
Accounts Payable $1.34B $1.29B
Other Current Liabilities $252.00M $243.00M
Total Current Liabilities $2.97B $3.28B
Long-term Debt $18.55B $17.90B
Deferred Tax Liabilities $7.71B $7.72B
Other Non-current Liabilities $500.00M $560.00M
Total Liabilities $30.52B $30.26B
Common Stock $1.86B $1.90B
Retained Earnings $10.19B $9.99B
Total Stockholders Equity $12.76B $12.51B
Total Liabilities & Equity $43.28B $42.76B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $694.00M $963.00M $2.17B -
Depreciation & Amortization $424.00M - $1.28B -
Deferred Income Tax - - $143.00M -
Change in Receivables - - $30.00M -
Change in Payables - - $101.00M -
Operating Cash Flow - - $3.23B -
Capital Expenditure - - $2.23B -
Acquisitions - - $15.00M -
Investing Cash Flow - - $-2.15B -
Debt Repayment - - $12.00M -
Stock Repurchased - - $1.28B -
Dividends Paid - - $730.00M -
Financing Cash Flow - - $-1.40B -
Net Change in Cash - - $-321.00M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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