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$18.45B
Revenue
$1.67B
Net Income
-
Gross Margin
-
Op. Margin
$4.85B
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 $18.45B $18.45B $17.51B $15.90B $14.04B $14.66B $12.58B $14.93B $14.07B $13.73B $13.11B
Revenue Growth % 0.0% 5.4% 10.1% 13.2% -4.2% 16.5% -15.7% 6.1% 2.4% 4.8% nan%
Cost of Revenue - - - - - - - $1.08B $923.00M $299.00M $271.00M
+ Gross Profit - - - - - - - $13.85B $13.14B $13.44B $12.83B
Gross Margin % nan% nan% nan% nan% nan% nan% nan% 92.8% 93.4% 97.8% 97.9%
Interest Expense $437.00M $437.00M $441.00M $376.00M $378.00M $424.00M $515.00M $591.00M $574.00M $646.00M $536.00M
Income Before Tax $2.28B $2.28B $1.87B $2.00B $1.38B $2.18B $-1.46B $1.12B $834.00M $1.58B $936.00M
Income Tax Expense $511.00M $511.00M $380.00M $451.00M $278.00M $479.00M $-173.00M $248.00M $128.00M $170.00M $220.00M
+ Net Income $1.67B $1.67B $1.41B $1.43B $1.01B $1.58B $-931.00M $932.00M $636.00M $1.16B $654.00M
Net Margin % 9.0% 9.0% 8.1% 9.0% 7.2% 10.8% -7.4% 6.2% 4.5% 8.5% 5.0%
Basic EPS 7.99 7.98 6.42 6.30 4.17 6.08 -3.32 3.08 1.99 3.46 1.93
Diluted EPS 7.98 7.97 6.41 6.29 4.16 6.07 -3.32 3.07 1.99 3.45 1.93
Basic Shares Outstanding - 209.0M 220.3M 227.5M 242.8M 259.7M 280.3M 302.7M 319.1M 336.6M 337.9M
Diluted Shares Outstanding - 209.1M 220.5M 227.8M 243.3M 260.2M 280.3M 303.4M 319.9M 337.5M 338.3M
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 $495.00M $541.00M $399.00M $532.00M $621.00M $478.00M $336.00M $405.00M $472.00M $327.00M
Short-term Investments $6.04B $4.61B $4.40B $4.85B $4.86B $4.67B $4.63B $3.87B $4.65B $4.76B
Accounts Receivable $10.98B $10.52B $9.66B $9.40B $9.27B $7.83B $7.67B - - -
Property Plant & Equipment $10.70B $10.74B $10.72B $10.03B $9.89B $10.45B $15.57B $15.51B $15.43B $15.23B
Goodwill $349.00M $347.00M $347.00M $346.00M $349.00M $785.00M $767.00M $665.00M $659.00M $346.00M
Total Assets $86.35B $81.94B $79.20B $75.49B $81.63B $80.24B $82.24B $78.32B $79.59B $76.59B
Long-term Debt $8.44B $8.94B $7.92B $8.16B $8.99B $10.07B $11.46B $11.36B $11.25B $10.67B
Deferred Tax Liabilities $839.00M $550.00M $398.00M $243.00M $1.08B $1.06B $1.17B - - -
Total Liabilities $66.71B $64.01B $62.67B $60.02B $62.45B $61.05B $60.31B $56.93B $55.02B $53.23B
Common Stock $2.00M $2.00M $2.00M $2.00M $2.00M $3.00M $3.00M $3.00M $3.00M $3.00M
Retained Earnings $17.38B $16.46B $15.62B $15.14B $14.78B $14.15B $15.82B $15.77B $16.10B $15.20B
Treasury Stock - - - - $3.00M $7.00M $13.00M $5.00M $20.00M -
Total Stockholders Equity $18.69B $17.07B $15.70B $14.60B $17.85B $17.86B $19.12B $18.52B $19.20B $18.16B
Total Liabilities & Equity $86.35B $81.94B $79.20B $75.49B $81.63B $80.24B $82.24B $78.32B $79.59B $76.59B
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 $1.67B $1.67B $1.41B $1.43B $1.01B $1.58B $-931.00M $932.00M $636.00M $1.16B $654.00M
Depreciation & Amortization - $607.00M $580.00M $534.00M $509.00M $515.00M $734.00M $943.00M $912.00M $874.00M $841.00M
Deferred Income Tax - $112.00M $-45.00M $127.00M $5.00M $213.00M $-235.00M $70.00M $86.00M $-47.00M $102.00M
Change in Receivables $1.33B $408.00M $929.00M $268.00M $316.00M $1.41B $425.00M $-114.00M $131.00M $-93.00M $-24.00M
Operating Cash Flow $5.76B $3.28B $3.02B $3.91B $3.31B $2.62B $1.75B $1.74B $4.22B $2.59B $2.25B
Capital Expenditure $909.00M $579.00M $632.00M $686.00M $660.00M $482.00M $710.00M $1.04B $995.00M $1.03B $1.45B
Acquisitions - - - $401.00M - - $58.00M $257.00M $37.00M $1.22B $79.00M
Sales of Investments $5.78B $3.36B $2.40B $1.33B $2.36B $4.46B $3.76B $3.00B $2.37B $3.64B $3.22B
Investing Cash Flow $-4.04B $-2.83B $-1.98B $-2.75B $-2.35B $-1.19B $-1.41B $-671.00M $-1.44B $-2.65B $-2.19B
Debt Repayment $873.00M $869.00M $1.37B $878.00M $640.00M $1.19B $1.73B $1.96B $1.04B $2.41B $3.42B
Stock Repurchased $1.85B $806.00M $608.00M $849.00M $729.00M $1.14B $923.00M $1.05B $1.03B $216.00M $134.00M
Dividends Paid $91.00M $52.00M $55.00M $57.00M $61.00M $65.00M $70.00M $76.00M $80.00M $84.00M $84.00M
Financing Cash Flow $-1.88B $-513.00M $-898.00M $-1.30B $-1.04B $-1.29B $-198.00M $-1.14B $-2.83B $201.00M $-166.00M
Net Change in Cash $-121.00M $-46.00M $142.00M $-133.00M $-89.00M $143.00M $142.00M $-69.00M $-67.00M $145.00M $-113.00M
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 $4.67B $4.47B $13.72B $12.96B
Interest Expense $112.00M $114.00M $324.00M $331.00M
Income Before Tax $689.00M $550.00M $1.74B $1.69B
Income Tax Expense $153.00M $125.00M $398.00M $381.00M
Net Income $504.00M $401.00M $1.26B $1.23B
Basic EPS 2.43 1.83 6.03 5.55
Diluted EPS 2.43 1.82 6.03 5.54
Basic Shares Outstanding $207.57M $219.67M $209.74M $221.16M
Diluted Shares Outstanding $207.71M $219.94M $209.88M $221.43M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $567.00M $541.00M
Short-term Investments $5.38B $4.61B
Accounts Receivable $10.94B $10.52B
Property Plant & Equipment $10.67B $10.74B
Goodwill $349.00M $347.00M
Total Assets $85.94B $81.94B
Long-term Debt $8.44B $8.94B
Deferred Tax Liabilities $836.00M $550.00M
Total Liabilities $66.72B $64.01B
Common Stock $2.00M $2.00M
Retained Earnings $17.69B $16.46B
Total Stockholders Equity $18.29B $17.07B
Total Liabilities & Equity $85.94B $81.94B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $504.00M $401.00M $1.26B $1.23B
Change in Receivables - - $343.00M $390.00M
Operating Cash Flow - - $2.66B $2.08B
Capital Expenditure - - $388.00M $458.00M
Sales of Investments - - $2.57B $1.75B
Investing Cash Flow - - $-2.22B $-2.02B
Debt Repayment - - $4.00M $763.00M
Stock Repurchased - - $706.00M $262.00M
Dividends Paid - - $39.00M $42.00M
Financing Cash Flow - - $-434.00M $78.00M
Net Change in Cash - - $26.00M $149.00M

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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