Motorola Solutions, Inc. (0K3H.L)

Category: Company Returns Sector: Technology Industry: Communication Equipment Live Price: $400.38

Income Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Net Income	1,550M	1,369M	969M	984M	933M	639M	665M	2,116M	1,562M	1,577M	1,709M	1,363M	1,245M	949M	868M	966M	-155M	560M	610M	1,299M	1,099M	881M	1,158M	633M	-51M	-4,244M	-49M	3,661M	4,578M	1,532M	893M	-2,485M	-3,937M	1,318M	817M	-962M	1,180M	1,154M	1,781M	1,560M	1,022M	453M	454M	499M	498M
Revenue	9,969M	9,098M	7,884M	7,535M	13,804M	16,961M	19,108M	11,313M	10,656M	10,817M	9,978M	9,112M	8,171M	7,414M	7,887M	7,343M	6,380M	6,038M	5,695M	5,881M	6,227M	6,269M	8,203M	7,617M	18,147M	30,146M	36,622M	42,879M	35,262M	29,663M	23,155M	27,279M	30,486M	37,346M	33,075M	31,340M	29,794M	27,973M	27,037M	22,245M	16,963M	13,303M	11,341M	10,885M	9,620M
Return on Revenue	15.55%	14.94%	11.64%	12.84%	9.98%	7.61%	6.81%	18.70%	14.66%	14.58%	17.13%	14.96%	15.24%	12.80%	11.01%	13.16%	-2.43%	9.27%	10.71%	22.09%	17.65%	14.05%	14.12%	8.31%	-0.28%	-14.08%	-0.13%	8.54%	12.98%	5.16%	3.86%	-9.11%	-12.91%	3.53%	2.47%	-3.07%	3.96%	4.13%	6.59%	7.01%	6.02%	3.41%	4.00%	4.58%	5.18%
Cost of Revenue	5,065M	4,627M	4,045M	3,837M	8,619M	10,973M	12,362M	5,549M	5,237M	5,305M	5,008M	4,883M	4,131M	3,806M	3,956M	3,863M	3,356M	3,169M	2,976M	3,050M	3,118M	3,075M	4,057M	3,805M	12,406M	21,751M	26,670M	30,152M	23,833M	19,698M	15,652M	18,307M	23,121M	25,168M	20,631M	19,396M	19,993M	18,982M	17,533M	13,760M	10,351M	8,479M	7,245M	6,882M	5,905M
Return on Cost of Revenue	30.59%	29.37%	22.73%	25.27%	19.51%	15.13%	13.32%	38.13%	29.83%	29.73%	34.13%	27.91%	30.14%	24.93%	21.94%	25.01%	-4.62%	17.67%	20.50%	42.59%	35.25%	28.65%	28.54%	16.64%	-0.41%	-19.51%	-0.18%	12.14%	19.21%	7.78%	5.71%	-13.57%	-17.03%	5.24%	3.96%	-4.96%	5.90%	6.08%	10.16%	11.34%	9.87%	5.34%	6.27%	7.25%	8.43%
Gross Profit	4,904M	4,472M	3,838M	3,698M	5,186M	5,988M	6,746M	5,764M	5,419M	5,512M	4,970M	4,229M	4,040M	3,608M	3,931M	3,480M	3,024M	2,869M	2,719M	2,831M	3,109M	3,194M	4,146M	3,812M	5,741M	8,395M	9,952M	12,727M	11,429M	9,965M	7,503M	8,972M	7,365M	12,178M	12,444M	11,944M	9,801M	8,991M	9,504M	8,485M	6,612M	4,824M	4,096M	4,003M	3,715M
Return on Gross Profit	31.74%	30.47%	23.90%	26.16%	20.46%	14.65%	13.61%	36.71%	28.82%	28.61%	34.39%	32.23%	30.82%	26.30%	22.08%	27.76%	-5.13%	19.52%	22.43%	45.88%	35.35%	27.58%	27.93%	16.61%	-0.89%	-50.55%	-0.49%	28.77%	40.06%	15.37%	11.90%	-27.70%	-53.46%	10.82%	6.57%	-8.05%	12.04%	12.84%	18.74%	18.39%	15.46%	9.39%	11.08%	12.47%	13.41%
R&D Expenses	851M	795M	704M	756M	1,509M	1,956M	1,853M	947M	890M	917M	858M	779M	734M	686M	687M	637M	568M	553M	620M	681M	761M	790M	1,035M	1,037M	2,598M	4,109M	4,429M	4,106M	3,600M	3,316M	2,979M	3,716M	4,275M	4,437M	3,560M	3,118M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on R&D Expenses	182.04%	170.82%	130.44%	128.27%	101.70%	79.24%	65.77%	223.44%	175.51%	171.97%	199.18%	174.97%	169.62%	138.34%	126.35%	151.65%	-27.29%	101.27%	98.39%	190.75%	144.42%	111.52%	111.88%	61.04%	-1.96%	-103.29%	-1.11%	89.16%	127.17%	46.20%	29.98%	-66.87%	-92.09%	29.70%	22.95%	-30.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses	1,588M	1,482M	1,316M	1,395M	2,077M	2,538M	2,979M	1,856M	1,689M	1,752M	1,561M	1,450M	1,353M	1,293M	1,403M	1,254M	1,025M	1,044M	1,021M	1,184M	1,330M	1,472M	1,912M	1,874M	3,058M	4,330M	5,092M	4,504M	3,628M	3,508M	3,285M	4,472M	4,919M	5,733M	5,220M	5,807M	5,515M	4,715M	4,642M	4,381M	3,776M	2,838M	2,468M	2,414M	2,289M
Return on SG&A Expenses	97.83%	91.78%	69.61%	69.51%	57.47%	44.31%	39.70%	114.01%	92.48%	90.01%	109.48%	94.00%	92.02%	73.40%	61.87%	77.03%	-15.12%	53.64%	59.75%	109.71%	82.63%	59.85%	60.56%	33.78%	-1.67%	-98.01%	-0.96%	81.28%	126.19%	43.67%	27.18%	-55.57%	-80.04%	22.99%	15.65%	-16.57%	21.40%	24.48%	38.37%	35.61%	27.07%	15.96%	18.40%	20.67%	21.76%
Operating Expenses	2,689M	2,533M	2,253M	2,477M	4,007M	5,143M	5,747M	2,894M	2,807M	2,824M	2,676M	2,568M	2,373M	2,225M	2,350M	2,225M	1,740M	1,821M	1,725M	3,837M	2,162M	2,274M	3,288M	3,061M	6,233M	10,786M	10,505M	8,635M	6,824M	6,973M	6,230M	10,785M	13,168M	11,283M	11,090M	11,289M	7,854M	7,031M	6,573M	5,906M	4,946M	3,867M	3,354M	3,204M	2,939M
Return on Operating Expenses	57.59%	53.58%	40.55%	38.99%	32.68%	25.95%	23.54%	73.12%	55.65%	55.84%	63.86%	53.08%	52.47%	42.65%	36.94%	43.42%	-8.91%	30.75%	35.36%	33.85%	50.83%	38.74%	35.22%	20.68%	-0.82%	-39.35%	-0.47%	42.40%	67.09%	21.97%	14.33%	-23.04%	-29.90%	11.68%	7.37%	-8.52%	15.02%	16.41%	27.10%	26.41%	20.66%	11.71%	13.54%	15.57%	16.94%
Operating Income (EBIT)	2,214M	1,939M	1,586M	1,222M	1,179M	845M	999M	2,870M	2,612M	2,688M	2,294M	1,661M	1,667M	1,383M	1,581M	1,255M	1,284M	1,048M	994M	-1,006M	947M	920M	858M	751M	-492M	-2,391M	-553M	4,092M	4,605M	2,992M	1,273M	-1,813M	-5,803M	895M	1,354M	655M	1,947M	1,960M	2,931M	2,579M	1,666M	957M	742M	799M	776M
Return on Operating Income (EBIT)	71.74%	71.71%	59.31%	59.67%	64.03%	70.17%	61.60%	73.73%	59.80%	58.67%	74.50%	82.06%	74.69%	68.62%	54.90%	76.97%	-12.07%	53.44%	61.37%	-129.13%	116.05%	95.76%	134.97%	84.29%	10.37%	177.50%	8.86%	89.47%	99.41%	51.20%	70.15%	137.07%	67.84%	147.26%	60.34%	-146.87%	60.61%	58.88%	60.76%	60.49%	61.34%	47.34%	61.19%	62.45%	64.18%
Interest Income	38M	27M	22M	30M	40M	32M	27M	69M	61M	68M	33M	14M	7M	13M	17M	18M	14M	20M	13M	21M	19M	42M	58M	88M	79M	272M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Interest Income	5,744.54%	8,463.87%	5,917.70%	5,064.03%	3,716.78%	2,973.42%	2,477.85%	3,066.67%	2,560.66%	2,319.12%	5,178.79%	9,735.71%	17,785.71%	7,300.00%	5,105.88%	5,366.67%	-1,107.14%	2,800.00%	4,692.31%	6,185.71%	5,784.21%	2,097.62%	1,996.55%	719.32%	-64.56%	-1,560.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Interest Expense	261M	246M	234M	205M	175M	140M	117M	317M	284M	295M	249M	240M	215M	233M	237M	240M	215M	225M	186M	147M	132M	108M	132M	217M	211M	224M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Interest Expense	596.28%	555.04%	404.87%	516.64%	291.54%	233.23%	194.36%	667.51%	550.00%	534.58%	686.35%	567.92%	579.07%	407.30%	366.24%	402.50%	-72.09%	248.89%	327.96%	883.67%	832.58%	815.74%	877.27%	291.71%	-24.17%	-1,894.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Interest Income	-223M	-219M	-212M	-175M	-136M	-108M	-90M	-248M	-223M	-227M	-216M	-226M	-208M	-220M	-220M	-222M	-201M	-205M	-173M	-126M	-113M	-66M	-74M	-129M	-132M	48M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Net Interest Income	-696.34%	-623.79%	-449.73%	-659.41%	-934.71%	-747.77%	-623.14%	-853.23%	-700.45%	-694.71%	-791.20%	-603.10%	-598.56%	-431.36%	-394.55%	-435.14%	77.11%	-273.17%	-352.60%	-1,030.95%	-972.57%	-1,334.85%	-1,564.86%	-490.70%	38.64%	-8,841.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Unusual Items	560M	486M	467M	377M	175M	131M	192M	378M	942M	943M	364M	372M	323M	429M	800M	375M	409M	409M	250M	281M	180M	105M	194M	216M	143M	194M	-163M	-518M	-1,807M	-120M	-103M	1,633M	-292M	-1,336M	71M	1,935M	131M	185M	149M	142M	141M	157M	129M	133M	130M
Return on Unusual Items	334.38%	321.96%	231.89%	341.38%	98.37%	36.85%	158.07%	559.79%	165.82%	167.23%	469.51%	366.40%	385.45%	221.21%	108.50%	257.60%	-37.90%	136.92%	244.00%	462.28%	610.56%	839.05%	596.91%	293.06%	-35.66%	-2,187.63%	30.06%	-706.76%	-253.35%	-1,276.67%	-866.99%	-152.17%	1,348.29%	-98.65%	1,150.70%	-49.72%	900.76%	623.78%	1,195.30%	1,098.59%	724.82%	288.54%	351.94%	375.19%	383.08%
EBT Excluding Unusual Items	1,318M	1,186M	863M	643M	965M	691M	706M	2,362M	951M	1,029M	1,782M	1,143M	1,229M	745M	201M	727M	667M	435M	667M	-1,442M	700M	776M	544M	448M	-646M	-2,827M	-227M	5,128M	8,219M	3,232M	1,479M	-5,079M	-5,219M	3,567M	1,212M	-3,215M	1,685M	1,590M	2,633M	2,295M	1,384M	643M	484M	533M	516M
Return on EBT Excluding Unusual Items	122.80%	119.42%	135.88%	126.22%	110.00%	98.77%	92.56%	89.59%	164.25%	153.26%	95.90%	119.25%	101.30%	127.38%	431.84%	132.87%	-23.24%	128.74%	91.45%	-90.08%	157.00%	113.53%	212.87%	141.29%	7.89%	150.12%	21.59%	71.39%	55.70%	47.40%	60.38%	48.93%	75.44%	36.95%	67.41%	29.92%	70.03%	72.58%	67.64%	67.97%	73.84%	70.45%	93.80%	93.62%	96.51%
Pre-Tax Income	1,878M	1,672M	1,330M	1,020M	1,140M	822M	898M	2,740M	1,893M	1,972M	2,146M	1,515M	1,552M	1,174M	1,001M	1,102M	1,076M	844M	917M	-1,161M	880M	881M	738M	664M	-503M	-2,633M	-390M	4,610M	6,412M	3,112M	1,376M	-3,446M	-5,511M	2,231M	1,283M	-1,280M	1,816M	1,775M	2,782M	2,437M	1,525M	800M	613M	666M	646M
Return on Pre-Tax Income	83.19%	82.13%	70.35%	71.25%	70.17%	68.81%	68.43%	77.23%	82.51%	79.97%	79.64%	89.97%	80.22%	80.83%	86.71%	87.66%	-14.41%	66.35%	66.52%	-111.89%	124.89%	100.00%	156.91%	95.33%	10.14%	161.18%	12.56%	79.41%	71.40%	49.23%	64.90%	72.11%	71.44%	59.08%	63.68%	75.16%	64.98%	65.01%	64.02%	64.01%	67.02%	56.63%	74.06%	74.92%	77.09%
Income Tax Expense	323M	299M	354M	242M	402M	315M	338M	617M	326M	390M	432M	148M	302M	221M	130M	133M	1,227M	282M	274M	-465M	-59M	211M	-3M	403M	-159M	1,607M	-285M	1,349M	1,893M	1,013M	448M	-961M	-1,574M	913M	392M	-373M	636M	621M	1,001M	877M	503M	224M	159M	167M	148M
Return on Income Tax Expense	573.64%	512.51%	436.52%	-2,386.82%	-1,775.20%	-1,380.01%	-1,116.16%	342.95%	479.14%	404.36%	395.60%	920.95%	412.25%	429.41%	667.69%	726.32%	-12.63%	198.58%	222.63%	-279.35%	-1,862.71%	417.54%	-38,600.00%	157.07%	32.08%	-264.09%	17.19%	271.39%	241.84%	151.23%	199.33%	258.58%	250.13%	144.36%	208.42%	257.91%	185.53%	185.83%	177.92%	177.88%	203.18%	202.23%	285.53%	298.80%	336.49%
Depreciation and Amortization	377M	396M	352M	315M	410M	670M	935M	381M	335M	336M	356M	440M	438M	409M	394M	360M	343M	295M	150M	173M	158M	151M	366M	353M	642M	831M	903M	558M	540M	566M	818M	2,108M	2,552M	2,522M	2,360M	2,331M	2,339M	2,316M	1,931M	1,547M	1,196M	1,029M	886M	790M	650M
Return on Depreciation and Amortization	419.72%	355.09%	281.54%	356.07%	316.04%	259.23%	222.22%	555.38%	466.27%	469.35%	480.06%	309.77%	284.25%	232.03%	220.30%	268.33%	-45.19%	189.83%	406.67%	750.87%	695.57%	583.44%	316.39%	179.32%	-7.94%	-510.71%	-5.43%	656.09%	847.78%	270.67%	109.17%	-117.88%	-154.27%	52.26%	34.62%	-41.27%	50.45%	49.83%	92.23%	100.84%	85.45%	44.02%	51.24%	63.16%	76.62%
EBITDA	2,516M	2,314M	1,916M	1,540M	1,620M	1,710M	2,102M	3,438M	2,534M	2,603M	2,751M	2,195M	2,205M	1,816M	1,632M	1,702M	1,634M	1,364M	1,253M	-841M	1,170M	1,140M	1,236M	1,234M	350M	-1,578M	736M	4,650M	5,148M	3,532M	2,146M	2,059M	-1,393M	4,013M	3,781M	3,095M	4,286M	4,276M	4,862M	4,126M	2,862M	1,986M	1,628M	1,589M	1,426M
Return on EBITDA	61.60%	58.70%	48.37%	43.03%	53.04%	53.62%	47.41%	61.55%	61.64%	60.58%	62.12%	62.10%	56.46%	52.26%	53.19%	56.76%	-9.49%	41.06%	48.68%	-154.46%	93.93%	77.28%	93.69%	51.30%	-14.57%	268.95%	-6.66%	78.73%	88.93%	43.37%	41.61%	-120.69%	282.63%	32.84%	21.61%	-31.08%	27.53%	26.99%	36.63%	37.81%	35.71%	22.81%	27.89%	31.40%	34.92%
NOPAT	1,829M	1,591M	1,165M	927M	786M	547M	650M	2,224M	2,162M	2,156M	1,832M	1,499M	1,343M	1,123M	1,376M	1,104M	-180M	698M	697M	-603M	1,010M	700M	861M	295M	-336M	-3,850M	-149M	2,895M	3,245M	2,018M	859M	-1,307M	-4,146M	529M	940M	464M	1,265M	1,274M	1,876M	1,651M	1,116M	689M	550M	599M	598M
Return on NOPAT	85.78%	86.92%	83.90%	80.48%	81.65%	93.89%	83.52%	95.16%	72.24%	73.13%	93.28%	90.94%	92.73%	84.53%	63.10%	87.54%	86.02%	80.25%	87.52%	-215.39%	108.76%	125.92%	134.42%	214.43%	15.16%	110.23%	32.91%	126.48%	141.06%	75.91%	104.01%	190.07%	94.97%	249.27%	86.89%	-207.27%	93.27%	90.56%	94.92%	94.49%	91.54%	65.74%	82.61%	83.35%	83.25%
Owner's Earnings	1,672M	1,519M	1,087M	1,094M	1,071M	842M	667M	2,248M	1,671M	1,656M	1,812M	1,547M	1,440M	1,141M	1,014M	1,129M	-39M	584M	585M	1,291M	1,136M	902M	1,338M	870M	425M	-3,917M	327M	3,570M	4,608M	1,697M	1,905M	-984M	-2,706M	-291M	326M	-1,975M	645M	497M	-513M	-213M	31M	96M	23M	33M	54M
Return on Owner's Earnings	92.55%	89.46%	121.60%	111.36%	97.68%	81.44%	80.11%	94.13%	93.48%	95.23%	94.32%	88.11%	86.46%	83.17%	85.60%	85.56%	397.44%	95.89%	104.27%	100.62%	96.74%	97.67%	86.55%	72.76%	-12.00%	108.35%	-14.98%	102.55%	99.35%	90.28%	46.88%	252.54%	145.49%	-452.92%	250.61%	48.71%	182.95%	232.19%	-347.17%	-732.39%	3,296.77%	471.88%	1,973.91%	1,512.12%	922.22%

Balance Sheet Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Net Income	1,550M	1,369M	969M	984M	933M	639M	665M	1,577M	1,709M	1,363M	1,245M	949M	868M	966M	-155M	560M	610M	1,299M	1,099M	881M	1,158M	633M	-51M	-4,244M	-49M	3,661M	4,578M	1,532M	893M	-2,485M	-3,937M	1,318M	817M	-962M	1,180M	1,154M	1,781M	1,560M	1,022M	453M	454M	499M	498M
Cash & Cash Equivalents	1,711M	1,652M	1,472M	1,964M	2,256M	3,178M	2,931M	2,102M	1,705M	1,325M	1,874M	1,254M	1,001M	1,246M	1,205M	1,030M	1,980M	3,954M	3,225M	1,468M	1,881M	4,208M	2,869M	3,064M	2,752M	3,212M	3,774M	10,556M	7,877M	6,507M	6,082M	3,301M	3,345M	1,453M	1,445M	1,513M	725M	741M	886M	677M	302M	265M	231M
Return on Cash & Cash Equivalents	92.71%	84.05%	65.68%	57.36%	47.68%	36.66%	42.61%	75.02%	100.23%	102.87%	66.44%	75.68%	86.71%	77.53%	-12.86%	54.37%	30.81%	32.85%	34.08%	60.01%	61.56%	15.04%	-1.78%	-138.51%	-1.78%	113.98%	121.30%	14.51%	11.34%	-38.19%	-64.73%	39.93%	24.42%	-66.21%	81.66%	76.27%	245.66%	210.53%	115.35%	66.91%	150.33%	188.30%	215.58%
Short-Term Investments	0M	0M	0M	667M	1,969M	1,606M	1,400M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	2M	2,135M	3,210M	4,655M	5,094M	225M	612M	12,428M	11,011M	152M	139M	59M	80M	354M	699M	171M	335M	298M	350M	0M	358M	0M	0M	0M	0M
Return on Short-Term Investments	0.00%	0.00%	0.00%	3,669.40%	2,660.84%	1,844.25%	1,563.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	54,950.00%	41.26%	36.07%	13.60%	-1.00%	-1,886.22%	-8.01%	29.46%	41.58%	1,007.89%	642.45%	-4,211.86%	-4,921.25%	372.32%	116.88%	-562.57%	352.24%	387.25%	508.86%	0.00%	285.47%	0.00%	0.00%	0.00%	0.00%
Cash & Short-Term Investments	1,711M	1,652M	1,472M	2,631M	4,225M	4,784M	4,331M	2,102M	1,705M	1,325M	1,874M	1,254M	1,001M	1,246M	1,205M	1,030M	1,980M	3,954M	3,227M	3,603M	5,091M	8,863M	7,963M	3,289M	3,364M	15,640M	14,785M	10,708M	8,016M	6,566M	6,162M	3,655M	4,044M	1,624M	1,780M	1,811M	1,075M	741M	1,244M	677M	302M	265M	231M
Return on Cash & Short-Term Investments	92.71%	84.05%	65.68%	51.87%	35.06%	26.44%	30.59%	75.02%	100.23%	102.87%	66.44%	75.68%	86.71%	77.53%	-12.86%	54.37%	30.81%	32.85%	34.06%	24.45%	22.75%	7.14%	-0.64%	-129.04%	-1.46%	23.41%	30.96%	14.31%	11.14%	-37.85%	-63.89%	36.06%	20.20%	-59.24%	66.29%	63.72%	165.67%	210.53%	82.15%	66.91%	150.33%	188.30%	215.58%
Net Receivables	2,829M	2,660M	2,376M	2,310M	3,061M	3,450M	3,663M	3,182M	2,812M	2,492M	2,491M	2,323M	2,458M	2,305M	2,072M	1,886M	1,736M	1,826M	1,774M	1,774M	2,253M	3,268M	2,845M	3,493M	5,324M	7,509M	7,387M	4,492M	4,436M	4,437M	4,583M	7,092M	5,627M	5,057M	4,847M	4,035M	4,081M	3,739M	2,476M	2,289M	1,953M	1,857M	1,683M
Return on Net Receivables	55.01%	51.17%	39.04%	42.93%	31.52%	22.46%	21.78%	49.56%	60.78%	54.70%	49.98%	40.85%	35.31%	41.91%	-7.48%	29.69%	35.14%	71.14%	61.95%	49.66%	51.40%	19.37%	-1.79%	-121.50%	-0.92%	48.75%	61.97%	34.11%	20.13%	-56.01%	-85.90%	18.58%	14.52%	-19.02%	24.34%	28.60%	43.64%	41.72%	41.28%	19.79%	23.25%	26.87%	29.59%
Inventory	883M	789M	564M	593M	1,069M	1,504M	1,853M	766M	827M	1,055M	788M	508M	447M	356M	327M	273M	296M	345M	522M	513M	512M	1,364M	1,308M	2,659M	2,836M	3,162M	2,522M	2,546M	2,792M	2,869M	2,756M	5,242M	3,422M	3,745M	4,096M	3,220M	3,528M	2,670M	1,864M	1,321M	1,242M	1,245M	1,173M
Return on Inventory	180.57%	177.31%	171.59%	183.15%	143.97%	110.69%	96.02%	205.87%	206.65%	129.19%	157.99%	186.81%	194.18%	271.35%	-47.40%	205.13%	206.08%	376.52%	210.54%	171.73%	226.17%	46.41%	-3.90%	-159.61%	-1.73%	115.78%	181.52%	60.17%	31.98%	-86.62%	-142.85%	25.14%	23.87%	-25.69%	28.81%	35.84%	50.48%	58.43%	54.83%	34.29%	36.55%	40.08%	42.46%
Other Current Assets	398M	339M	313M	814M	2,139M	2,384M	2,482M	429M	381M	383M	259M	242M	272M	354M	346M	296M	169M	754M	1,674M	1,688M	1,299M	3,659M	4,127M	7,922M	10,698M	4,664M	3,173M	3,336M	2,663M	3,262M	3,648M	3,896M	4,015M	3,276M	2,848M	2,551M	2,176M	1,775M	1,129M	931M	990M	1,085M	828M
Return on Other Current Assets	390.68%	408.97%	314.22%	235.92%	185.31%	145.42%	126.50%	367.60%	448.56%	355.87%	480.69%	392.15%	319.12%	272.88%	-44.80%	189.19%	360.95%	172.28%	65.65%	52.19%	89.15%	17.30%	-1.24%	-53.57%	-0.46%	78.49%	144.28%	45.92%	33.53%	-76.18%	-107.92%	33.83%	20.35%	-29.37%	41.43%	45.24%	81.85%	87.89%	90.52%	48.66%	45.86%	45.99%	60.14%
Total Current Assets	5,820M	5,440M	4,761M	6,322M	10,465M	12,098M	12,252M	6,479M	5,725M	5,255M	5,412M	4,327M	4,178M	4,272M	3,950M	3,430M	4,582M	6,879M	7,020M	7,401M	8,768M	17,154M	16,032M	17,363M	22,222M	30,975M	27,869M	21,082M	17,907M	17,134M	17,149M	19,885M	16,503M	13,531M	13,236M	11,319M	10,510M	8,925M	6,713M	5,218M	4,487M	4,452M	3,915M
Return on Total Current Assets	26.71%	25.01%	19.42%	17.17%	13.04%	9.69%	9.20%	24.34%	29.85%	25.94%	23.00%	21.93%	20.78%	22.61%	-3.92%	16.33%	13.31%	18.88%	15.66%	11.90%	13.21%	3.69%	-0.32%	-24.44%	-0.22%	11.82%	16.43%	7.27%	4.99%	-14.50%	-22.96%	6.63%	4.95%	-7.11%	8.92%	10.20%	16.95%	17.48%	15.22%	8.68%	10.12%	11.21%	12.72%
Property, Plant & Equipment	1,474M	1,467M	1,191M	1,115M	1,417M	2,481M	3,676M	1,551M	1,459M	1,412M	1,424M	1,490M	1,546M	895M	856M	789M	487M	549M	810M	839M	896M	1,729M	2,154M	2,442M	2,480M	2,267M	2,271M	2,332M	5,164M	6,104M	8,913M	11,157M	9,246M	10,049M	9,856M	9,768M	9,356M	7,073M	5,547M	4,576M	4,194M	3,778M	3,337M
Return on Property, Plant & Equipment	105.11%	93.29%	80.87%	96.79%	81.84%	65.87%	56.29%	101.68%	117.14%	96.53%	87.43%	63.69%	56.14%	107.93%	-18.11%	70.98%	125.26%	236.61%	135.68%	105.01%	129.24%	36.61%	-2.37%	-173.79%	-1.98%	161.49%	201.59%	65.69%	17.29%	-40.71%	-44.17%	11.81%	8.84%	-9.57%	11.97%	11.81%	19.04%	22.06%	18.42%	9.90%	10.82%	13.21%	14.92%
Goodwill	3,413M	3,005M	2,069M	1,813M	1,868M	1,494M	1,245M	3,526M	3,401M	3,312M	2,565M	2,219M	2,067M	1,514M	938M	728M	420M	383M	361M	1,510M	1,428M	2,825M	2,823M	2,837M	4,499M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Goodwill	45.38%	45.49%	53.89%	89.62%	59.59%	47.67%	39.73%	44.72%	50.25%	41.15%	48.54%	42.77%	41.99%	63.80%	-16.52%	76.92%	145.24%	339.16%	304.43%	58.34%	81.09%	22.41%	-1.81%	-149.59%	-1.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Intangible Assets	1,282M	1,237M	1,047M	753M	748M	599M	499M	1,249M	1,255M	1,342M	1,105M	1,234M	1,327M	1,230M	861M	821M	49M	23M	6M	109M	0M	679M	0M	0M	1,624M	0M	2,053M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Intangible Assets	121.33%	110.72%	199.26%	1,790.57%	1,353.93%	1,083.14%	902.62%	126.26%	136.18%	101.56%	112.67%	76.90%	65.41%	78.54%	-18.00%	68.21%	1,244.90%	5,647.83%	18,316.67%	808.26%	0.00%	93.23%	0.00%	0.00%	-3.02%	0.00%	222.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Investments	142M	158M	187M	209M	378M	565M	471M	135M	143M	147M	209M	158M	159M	169M	247M	238M	268M	316M	251M	144M	166M	380M	525M	517M	837M	895M	1,654M	3,241M	3,335M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Long-Term Investments	1,096.82%	897.36%	600.45%	555.29%	408.94%	330.11%	275.09%	1,168.15%	1,195.10%	927.21%	595.69%	600.63%	545.91%	571.60%	-62.75%	235.29%	227.61%	411.08%	437.85%	611.81%	697.59%	166.58%	-9.71%	-820.89%	-5.85%	409.05%	276.78%	47.27%	26.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Tax Assets	1,126M	1,052M	1,271M	1,556M	1,654M	1,722M	1,435M	1,280M	1,062M	1,036M	916M	966M	943M	985M	1,023M	2,219M	2,278M	2,151M	2,076M	2,416M	2,375M	1,619M	2,284M	2,428M	2,454M	1,325M	1,245M	2,353M	3,349M	3,112M	1,152M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Assets	138.56%	129.97%	87.68%	74.30%	78.97%	49.99%	41.65%	123.20%	160.92%	131.56%	135.92%	98.24%	92.05%	98.07%	-15.15%	25.24%	26.78%	60.39%	52.94%	36.47%	48.76%	39.10%	-2.23%	-174.79%	-2.00%	276.30%	367.71%	65.11%	26.66%	-79.85%	-341.75%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Non-Current Assets	325M	403M	449M	445M	801M	1,964M	2,531M	375M	291M	310M	558M	482M	422M	344M	333M	1,021M	352M	145M	185M	369M	296M	1,191M	1,785M	2,282M	696M	4,026M	557M	5,122M	5,678M	4,802M	6,184M	11,301M	11,578M	5,148M	4,186M	2,989M	2,935M	1,538M	1,238M	835M	694M	512M	434M
Return on Other Non-Current Assets	482.50%	373.50%	253.56%	313.91%	271.28%	214.70%	182.78%	420.53%	587.29%	439.68%	223.12%	196.89%	205.69%	280.81%	-46.55%	54.85%	173.30%	895.86%	594.05%	238.75%	391.22%	53.15%	-2.86%	-185.98%	-7.04%	90.93%	821.90%	29.91%	15.73%	-51.75%	-63.66%	11.66%	7.06%	-18.69%	28.19%	38.61%	60.68%	101.43%	82.55%	54.25%	65.42%	97.46%	114.75%
Other Assets	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Other Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Non-Current Assets	7,762M	7,322M	6,127M	5,901M	6,829M	8,532M	9,614M	8,116M	7,611M	7,559M	6,777M	6,549M	6,464M	5,137M	4,258M	4,995M	3,805M	3,544M	4,831M	5,278M	5,161M	8,423M	9,571M	10,506M	12,590M	7,618M	7,780M	9,807M	14,191M	14,018M	16,249M	22,458M	20,824M	15,197M	14,042M	12,757M	12,291M	8,611M	6,785M	5,411M	4,888M	4,290M	3,771M
Return on Total Non-Current Assets	19.97%	18.56%	14.86%	16.98%	16.01%	12.24%	11.19%	19.43%	22.45%	18.03%	18.37%	14.49%	13.43%	18.80%	-3.64%	11.21%	16.03%	36.65%	22.75%	16.69%	22.44%	7.52%	-0.53%	-40.40%	-0.39%	48.06%	58.84%	15.62%	6.29%	-17.73%	-24.23%	5.87%	3.92%	-6.33%	8.40%	9.05%	14.49%	18.12%	15.06%	8.37%	9.29%	11.63%	13.21%
Total Assets	13,582M	12,762M	10,888M	12,223M	17,293M	20,630M	21,865M	14,595M	13,336M	12,814M	12,189M	10,876M	10,642M	9,409M	8,208M	8,425M	8,387M	10,423M	11,851M	12,679M	13,929M	25,577M	25,603M	27,869M	34,812M	38,593M	35,649M	30,889M	32,098M	31,152M	33,398M	42,343M	37,327M	28,728M	27,278M	24,076M	22,801M	17,536M	13,498M	10,629M	9,375M	8,742M	7,686M
Return on Total Assets	11.42%	10.64%	8.37%	8.21%	6.49%	4.84%	4.56%	10.81%	12.81%	10.64%	10.21%	8.73%	8.16%	10.27%	-1.89%	6.65%	7.27%	12.46%	9.27%	6.95%	8.31%	2.47%	-0.20%	-15.23%	-0.14%	9.49%	12.84%	4.96%	2.78%	-7.98%	-11.79%	3.11%	2.19%	-3.35%	4.33%	4.79%	7.81%	8.90%	7.57%	4.26%	4.84%	5.71%	6.48%
Accounts Payable	1,089M	946M	776M	863M	1,583M	1,839M	1,931M	1,178M	881M	1,207M	851M	612M	779M	592M	593M	553M	518M	540M	799M	705M	677M	2,462M	1,998M	3,188M	4,167M	5,056M	4,295M	3,330M	2,789M	2,268M	2,434M	3,492M	3,285M	2,305M	2,297M	2,050M	2,018M	1,678M	1,338M	1,127M	897M	889M	789M
Return on Accounts Payable	146.93%	148.43%	120.96%	127.30%	97.58%	71.84%	65.84%	133.87%	193.98%	112.92%	146.30%	155.07%	111.42%	163.18%	-26.14%	101.27%	117.76%	240.56%	137.55%	124.96%	171.05%	25.71%	-2.55%	-133.12%	-1.18%	72.41%	106.59%	46.01%	32.02%	-109.57%	-161.75%	37.74%	24.87%	-41.74%	51.37%	56.29%	88.26%	92.97%	76.38%	40.20%	50.61%	56.13%	63.12%
Short-Term Debt	545M	331M	176M	185M	294M	655M	869M	322M	1,313M	1M	5M	12M	16M	31M	52M	4M	4M	4M	4M	4M	405M	605M	536M	92M	332M	1,693M	448M	717M	896M	1,629M	870M	6,391M	2,504M	2,909M	1,282M	1,382M	1,605M	916M	555M	437M	852M	995M	787M
Return on Short-Term Debt	45,639.97%	33,945.65%	20,722.13%	19,305.79%	14,309.38%	11,436.66%	9,540.09%	489.75%	130.16%	136,300.00%	24,900.00%	7,908.33%	5,425.00%	3,116.13%	-298.08%	14,000.00%	15,250.00%	32,475.00%	27,475.00%	22,025.00%	285.93%	104.63%	-9.51%	-4,613.04%	-14.76%	216.24%	1,021.88%	213.67%	99.67%	-152.55%	-452.53%	20.62%	32.63%	-33.07%	92.04%	83.50%	110.97%	170.31%	184.14%	103.66%	53.29%	50.15%	63.28%
Tax Payables	272M	229M	162M	154M	116M	93M	77M	217M	231M	367M	183M	147M	95M	111M	107M	111M	48M	91M	95M	95M	126M	293M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Payables	612.65%	632.77%	657.83%	748.34%	561.25%	449.00%	374.17%	726.73%	739.83%	371.39%	680.33%	645.58%	913.68%	870.27%	-144.86%	504.50%	1,270.83%	1,427.47%	1,156.84%	927.37%	919.05%	216.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Deferred Revenue	1,989M	1,834M	1,453M	1,291M	1,049M	839M	700M	2,072M	2,037M	1,859M	1,650M	1,554M	1,449M	1,263M	1,041M	873M	727M	713M	1,073M	1,207M	774M	1,071M	0M	0M	1,235M	0M	387M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Deferred Revenue	77.78%	73.97%	63.94%	80.38%	119.23%	95.39%	79.49%	76.11%	83.90%	73.32%	75.45%	61.07%	59.90%	76.48%	-14.89%	64.15%	83.91%	182.19%	102.42%	72.99%	149.61%	59.10%	0.00%	0.00%	-3.97%	0.00%	1,182.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Current Liabilities	574M	672M	713M	876M	2,283M	2,033M	1,695M	503M	439M	779M	890M	747M	347M	701M	821M	1,061M	846M	672M	1,524M	1,382M	1,488M	939M	4,349M	6,637M	7,229M	7,899M	6,405M	5,177M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	1,771M	1,314M	1,164M	1,175M
Return on Other Current Liabilities	292.59%	228.94%	163.87%	140.87%	108.25%	87.79%	73.16%	313.52%	389.29%	174.97%	139.89%	127.04%	250.14%	137.80%	-18.88%	52.78%	72.10%	193.30%	72.11%	63.75%	77.82%	67.41%	-1.17%	-63.94%	-0.68%	46.35%	71.48%	29.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	25.58%	34.55%	42.87%	42.38%
Total Current Liabilities	5,117M	4,581M	3,719M	3,901M	5,891M	6,943M	7,410M	5,055M	5,736M	4,560M	4,063M	3,489M	3,439M	3,096M	2,931M	2,630M	2,193M	2,250M	3,220M	3,335M	3,815M	8,710M	8,261M	10,620M	12,500M	15,425M	12,488M	10,573M	9,433M	9,810M	9,698M	16,257M	12,416M	11,440M	9,055M	7,995M	7,793M	5,917M	4,389M	3,335M	3,063M	3,048M	2,751M
Return on Total Current Liabilities	30.29%	29.74%	24.90%	26.99%	21.22%	15.62%	14.63%	31.20%	29.79%	29.89%	30.64%	27.20%	25.24%	31.20%	-5.29%	21.29%	27.82%	57.73%	34.13%	26.42%	30.35%	7.27%	-0.62%	-39.96%	-0.39%	23.73%	36.66%	14.49%	9.47%	-25.33%	-40.60%	8.11%	6.58%	-8.41%	13.03%	14.43%	22.85%	26.36%	23.29%	13.58%	14.82%	16.37%	18.10%
Long-Term Debt	5,464M	5,449M	5,080M	4,123M	3,990M	4,436M	4,088M	5,675M	4,705M	6,013M	5,688M	5,163M	5,113M	5,289M	4,419M	4,392M	4,345M	3,396M	2,457M	1,859M	1,130M	2,194M	3,365M	4,092M	3,991M	2,704M	3,806M	4,578M	6,675M	7,189M	8,372M	4,293M	3,089M	2,633M	2,144M	1,931M	1,949M	1,127M	1,360M	1,258M	954M	792M	755M
Return on Long-Term Debt	28.93%	25.41%	18.56%	29.82%	29.82%	23.70%	26.28%	27.79%	36.32%	22.67%	21.89%	18.38%	16.98%	18.26%	-3.51%	12.75%	14.04%	38.25%	44.73%	47.39%	102.48%	28.85%	-1.52%	-103.71%	-1.23%	135.39%	120.28%	33.46%	13.38%	-34.57%	-47.03%	30.70%	26.45%	-36.54%	55.04%	59.76%	91.38%	138.42%	75.15%	36.01%	47.59%	63.01%	65.96%
Capital Lease Obligations	541M	468M	284M	189M	142M	113M	95M	554M	532M	537M	313M	402M	497M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Capital Lease Obligations	286.57%	298.71%	166.82%	111.21%	83.41%	66.73%	55.61%	284.66%	321.24%	253.82%	397.76%	236.07%	174.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Deferred Tax Liabilities	72M	116M	109M	23M	17M	74M	337M	87M	55M	73M	183M	180M	184M	201M	115M	121M	-113M	-139M	-302M	-304M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	1,504M	3,481M	1,188M	1,522M	1,108M	968M	509M	433M	230M	196M	203M	183M
Return on Deferred Tax Liabilities	2,262.35%	1,598.92%	873.51%	476.46%	357.34%	289.38%	251.42%	1,812.64%	3,107.27%	1,867.12%	680.33%	527.22%	471.74%	480.60%	-134.78%	462.81%	-539.82%	-934.53%	-363.91%	-289.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	87.63%	23.47%	-80.98%	77.53%	104.15%	183.99%	306.48%	236.03%	196.96%	231.63%	245.81%	272.13%
Other Non-Current Liabilities	1,220M	1,444M	1,712M	2,164M	2,454M	2,402M	2,213M	1,136M	1,270M	1,255M	1,659M	1,900M	1,818M	1,885M	2,301M	2,119M	1,779M	1,872M	2,183M	3,891M	3,710M	3,686M	4,094M	3,650M	2,874M	3,322M	2,682M	2,407M	3,301M	2,914M	1,152M	1,192M	1,513M	1,245M	1,285M	1,247M	1,043M	887M	907M	662M	532M	442M	194M
Return on Other Non-Current Liabilities	127.33%	101.40%	66.00%	56.71%	50.62%	31.47%	37.28%	138.82%	134.57%	108.61%	75.05%	49.95%	47.74%	51.25%	-6.74%	26.43%	34.29%	69.39%	50.34%	22.64%	31.21%	17.17%	-1.25%	-116.27%	-1.70%	110.20%	170.69%	63.65%	27.05%	-85.28%	-341.75%	110.57%	54.00%	-77.27%	91.83%	92.54%	170.76%	175.87%	112.68%	68.43%	85.34%	112.90%	256.70%
Total Non-Current Liabilities	7,602M	7,776M	7,440M	6,768M	6,805M	7,187M	6,867M	7,821M	6,861M	8,123M	8,149M	7,928M	7,886M	7,589M	7,004M	6,747M	6,290M	5,407M	4,942M	6,054M	4,840M	5,880M	7,459M	7,742M	6,865M	6,026M	6,488M	6,985M	9,976M	10,103M	9,524M	6,989M	8,083M	5,066M	4,951M	4,286M	3,960M	2,523M	2,700M	2,150M	1,682M	1,437M	1,132M
Return on Total Non-Current Liabilities	20.62%	17.82%	12.86%	14.94%	14.96%	11.32%	12.33%	20.16%	24.91%	16.78%	15.28%	11.97%	11.01%	12.73%	-2.21%	8.30%	9.70%	24.02%	22.24%	14.55%	23.93%	10.77%	-0.68%	-54.82%	-0.71%	60.75%	70.56%	21.93%	8.95%	-24.60%	-41.34%	18.86%	10.11%	-18.99%	23.83%	26.92%	44.97%	61.83%	37.85%	21.07%	26.99%	34.73%	43.99%
Total Liabilities	12,719M	12,357M	11,159M	10,670M	12,696M	14,131M	14,277M	12,876M	12,597M	12,683M	12,212M	11,417M	11,325M	10,685M	9,935M	9,377M	8,483M	7,657M	8,162M	9,389M	8,655M	14,590M	15,720M	18,362M	19,365M	21,451M	18,976M	17,558M	19,409M	19,913M	19,222M	23,246M	20,499M	16,506M	14,006M	12,281M	11,753M	8,440M	7,089M	5,485M	4,745M	4,485M	3,883M
Return on Total Liabilities	12.19%	11.01%	8.34%	9.39%	7.92%	5.78%	5.85%	12.25%	13.57%	10.75%	10.19%	8.31%	7.66%	9.04%	-1.56%	5.97%	7.19%	16.96%	13.46%	9.38%	13.38%	4.34%	-0.32%	-23.11%	-0.25%	17.07%	24.13%	8.73%	4.60%	-12.48%	-20.48%	5.67%	3.99%	-5.83%	8.42%	9.40%	15.15%	18.48%	14.42%	8.26%	9.57%	11.13%	12.83%
Preferred Stock	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Stock	2M	2M	2M	2M	1,419M	2,521M	2,162M	2M	2M	2M	2M	2M	2M	2M	2M	2M	2M	2M	3M	3M	3M	3M	23M	6,831M	6,792M	7,197M	7,508M	7,343M	7,017M	6,947M	6,764M	6,574M	1,838M	0M	0M	0M	0M	1,764M	836M	0M	0M	0M	0M
Return on Common Stock	77,483.33%	68,430.00%	48,460.00%	45,016.67%	33,753.86%	27,001.48%	22,502.71%	78,850.00%	85,450.00%	68,150.00%	62,250.00%	47,450.00%	43,400.00%	48,300.00%	-7,750.00%	28,000.00%	30,500.00%	64,950.00%	36,633.33%	29,366.67%	38,600.00%	21,100.00%	-221.74%	-62.13%	-0.72%	50.87%	60.97%	20.86%	12.73%	-35.77%	-58.21%	20.05%	44.45%	0.00%	0.00%	0.00%	0.00%	88.44%	122.25%	0.00%	0.00%	0.00%	0.00%
Retained Earnings	1,761M	1,552M	1,338M	1,754M	2,879M	3,206M	4,083M	2,300M	1,640M	1,343M	1,350M	1,127M	1,239M	1,051M	467M	1,148M	1,716M	3,410M	2,425M	1,625M	1,016M	4,460M	3,827M	3,878M	8,579M	9,086M	5,897M	1,722M	3,103M	2,582M	5,434M	9,727M	8,780M	8,254M	9,504M	8,343M	7,461M	5,917M	4,534M	3,634M	3,287M	2,933M	2,534M
Return on Retained Earnings	91.42%	90.14%	66.38%	61.97%	46.81%	35.95%	31.55%	68.57%	104.21%	101.49%	92.22%	84.21%	70.06%	91.91%	-33.19%	48.78%	35.55%	38.09%	45.32%	54.22%	113.98%	14.19%	-1.33%	-109.44%	-0.57%	40.29%	77.63%	88.97%	28.78%	-96.24%	-72.45%	13.55%	9.31%	-11.65%	12.42%	13.83%	23.87%	26.36%	22.54%	12.47%	13.81%	17.01%	19.65%
Accumulated OCI	-2,538M	-2,488M	-2,439M	-2,462M	-2,260M	-1,786M	-2,794M	-2,539M	-2,540M	-2,535M	-2,379M	-2,446M	-2,440M	-2,765M	-2,562M	-2,317M	-1,866M	-1,855M	-2,287M	-3,300M	-2,876M	-2,222M	-2,286M	-2,205M	-706M	-1,650M	-1,423M	-55M	207M	-523M	-214M	1,123M	3,154M	-12,839M	-11,524M	-9,830M	-8,110M	-6,657M	0M	0M	0M	0M	0M
Return on Accumulated OCI	-61.05%	-54.86%	-39.56%	-40.61%	-47.55%	-34.92%	-29.45%	-62.11%	-67.28%	-53.77%	-52.33%	-38.80%	-35.57%	-34.94%	6.05%	-24.17%	-32.69%	-70.03%	-48.05%	-26.70%	-40.26%	-28.49%	2.23%	192.47%	6.94%	-221.88%	-321.71%	-2,785.45%	431.40%	475.14%	1,839.72%	117.36%	25.90%	7.49%	-10.24%	-11.74%	-21.96%	-23.43%	0.00%	0.00%	0.00%	0.00%	0.00%
Minority Interest	15M	16M	15M	27M	25M	59M	65M	16M	15M	15M	17M	17M	17M	17M	15M	12M	10M	31M	30M	25M	60M	102M	108M	0M	0M	0M	0M	0M	0M	0M	485M	485M	484M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Minority Interest	10,112.08%	8,648.43%	6,376.37%	5,179.46%	3,882.24%	3,084.19%	2,575.78%	9,856.25%	11,393.33%	9,086.67%	7,323.53%	5,582.35%	5,105.88%	5,682.35%	-1,033.33%	4,666.67%	6,100.00%	4,190.32%	3,663.33%	3,524.00%	1,930.00%	620.59%	-47.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-811.75%	271.75%	168.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Shareholders’ Equity	848M	389M	-286M	1,527M	4,572M	6,440M	7,523M	1,703M	724M	116M	-40M	-558M	-700M	-1,293M	-1,742M	-964M	-106M	2,735M	3,659M	3,265M	5,214M	10,885M	9,775M	9,507M	15,447M	17,142M	16,673M	13,331M	12,689M	11,239M	13,691M	18,612M	16,344M	12,222M	13,272M	11,795M	11,048M	9,096M	6,409M	5,144M	4,630M	4,257M	3,803M
Return on Total Shareholders’ Equity	501.22%	-355.78%	-260.23%	-164.65%	-123.32%	-99.67%	-81.99%	92.60%	236.05%	1,175.00%	-3,112.50%	-170.07%	-124.00%	-74.71%	8.90%	-58.09%	-575.47%	47.50%	30.04%	26.98%	22.21%	5.82%	-0.52%	-44.64%	-0.32%	21.36%	27.46%	11.49%	7.04%	-22.11%	-28.76%	7.08%	5.00%	-7.87%	8.89%	9.78%	16.12%	17.15%	15.95%	8.81%	9.81%	11.72%	13.09%
Total Equity	863M	405M	-271M	1,553M	4,597M	6,499M	7,588M	1,719M	739M	131M	-23M	-541M	-683M	-1,276M	-1,727M	-952M	-96M	2,766M	3,689M	3,290M	5,274M	10,987M	9,883M	9,507M	15,447M	17,142M	16,673M	13,331M	12,689M	11,239M	14,176M	19,097M	16,828M	12,222M	13,272M	11,795M	11,048M	9,096M	6,409M	5,144M	4,630M	4,257M	3,803M
Return on Total Equity	454.49%	-845.00%	-511.31%	-332.12%	-248.92%	-200.12%	-165.70%	91.74%	231.26%	1,040.46%	-5,413.04%	-175.42%	-127.09%	-75.71%	8.98%	-58.82%	-635.42%	46.96%	29.79%	26.78%	21.96%	5.76%	-0.52%	-44.64%	-0.32%	21.36%	27.46%	11.49%	7.04%	-22.11%	-27.77%	6.90%	4.86%	-7.87%	8.89%	9.78%	16.12%	17.15%	15.95%	8.81%	9.81%	11.72%	13.09%
Total Liabilities & Equity	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Total Liabilities & Equity	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Investments	142M	158M	187M	875M	1,803M	1,737M	1,509M	135M	143M	147M	209M	158M	159M	169M	247M	238M	268M	316M	253M	2,279M	3,376M	5,035M	5,619M	742M	1,449M	13,323M	1,798M	3,393M	3,474M	59M	80M	354M	699M	171M	335M	298M	350M	0M	358M	0M	0M	0M	0M
Return on Total Investments	1,096.82%	897.36%	600.45%	462.36%	332.06%	-81.95%	-41.53%	1,168.15%	1,195.10%	927.21%	595.69%	600.63%	545.91%	571.60%	-62.75%	235.29%	227.61%	411.08%	434.39%	38.66%	34.30%	12.57%	-0.91%	-571.97%	-3.38%	27.48%	254.62%	45.15%	25.71%	-4,211.86%	-4,921.25%	372.32%	116.88%	-562.57%	352.24%	387.25%	508.86%	0.00%	285.47%	0.00%	0.00%	0.00%	0.00%
Net Debt	4,840M	4,645M	4,108M	2,560M	2,189M	2,043M	2,134M	4,449M	4,845M	5,226M	4,256M	4,449M	4,747M	4,063M	3,266M	3,366M	2,410M	-554M	-764M	395M	-346M	-1,409M	1,032M	1,120M	1,571M	1,185M	480M	-5,261M	-306M	2,311M	3,160M	7,383M	2,248M	4,089M	1,981M	1,800M	2,829M	1,302M	1,029M	1,018M	1,504M	1,522M	1,311M
Return on Net Debt	32.27%	29.48%	22.66%	-20.55%	28.37%	1.29%	7.72%	35.45%	35.27%	26.08%	29.25%	21.33%	18.29%	23.78%	-4.75%	16.64%	25.31%	-234.48%	-143.85%	223.04%	-334.68%	-44.93%	-4.94%	-378.93%	-3.12%	308.95%	953.75%	-29.12%	-291.83%	-107.53%	-124.59%	17.85%	36.34%	-23.53%	59.57%	64.11%	62.96%	119.82%	99.32%	44.50%	30.19%	32.79%	37.99%

Capital Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Net Income	1,550M	1,369M	969M	984M	933M	639M	665M	1,577M	1,709M	1,363M	1,245M	949M	868M	966M	-155M	560M	610M	1,299M	1,099M	881M	1,158M	633M	-51M	-4,244M	-49M	3,661M	4,578M	1,532M	893M	-2,485M	-3,937M	1,318M	817M	-962M	1,180M	1,154M	1,781M	1,560M	1,022M	453M	454M	499M	498M
Working Capital	703M	859M	1,042M	2,421M	4,574M	5,155M	4,842M	1,424M	-11M	695M	1,349M	838M	739M	1,176M	1,019M	800M	2,389M	4,629M	3,800M	4,066M	4,953M	8,444M	7,771M	6,743M	9,722M	15,550M	15,381M	10,509M	8,474M	7,324M	7,451M	3,628M	4,087M	2,091M	4,181M	3,324M	2,717M	3,008M	2,324M	1,883M	1,424M	1,404M	1,164M
Return on Working Capital	-5,076.50%	-3,004.79%	-1,474.40%	-975.63%	-732.27%	-586.83%	-485.61%	110.74%	-15,536.36%	196.12%	92.29%	113.25%	117.46%	82.14%	-15.21%	70.00%	25.53%	28.06%	28.92%	21.67%	23.38%	7.50%	-0.66%	-62.94%	-0.50%	23.54%	29.76%	14.58%	10.54%	-33.93%	-52.84%	36.33%	19.99%	-46.01%	28.22%	34.72%	65.55%	51.86%	43.98%	24.06%	31.88%	35.54%	42.78%
Total Capital	7,398M	6,686M	5,295M	6,051M	9,018M	11,662M	12,588M	8,254M	7,274M	6,667M	6,090M	5,145M	5,048M	4,027M	2,729M	3,432M	4,284M	6,135M	6,120M	5,128M	6,749M	13,684M	13,676M	13,691M	19,770M	21,539M	20,927M	18,626M	20,260M	20,057M	22,933M	29,296M	21,937M	17,764M	16,698M	15,108M	14,602M	11,139M	8,324M	6,839M	6,436M	6,044M	5,345M
Return on Total Capital	21.01%	20.39%	16.80%	16.41%	12.67%	9.64%	8.87%	19.11%	23.49%	20.44%	20.44%	18.45%	17.19%	23.99%	-5.68%	16.32%	14.24%	21.17%	17.96%	17.18%	17.16%	4.63%	-0.37%	-31.00%	-0.25%	17.00%	21.88%	8.23%	4.41%	-12.39%	-17.17%	4.50%	3.72%	-5.42%	7.07%	7.64%	12.20%	14.00%	12.28%	6.62%	7.05%	8.26%	9.32%
Capital Employed	8,465M	8,181M	7,169M	8,321M	11,403M	13,686M	14,456M	9,540M	7,600M	8,254M	8,126M	7,387M	7,203M	6,313M	5,277M	5,795M	6,194M	8,173M	8,631M	9,344M	10,114M	16,867M	17,342M	17,249M	22,312M	23,168M	23,161M	20,316M	22,665M	21,342M	23,700M	26,086M	24,911M	17,288M	18,223M	16,081M	15,008M	11,619M	9,109M	7,294M	6,312M	5,694M	4,935M
Return on Capital Employed	18.51%	16.74%	12.76%	12.06%	9.57%	7.18%	6.76%	16.53%	22.49%	16.51%	15.32%	12.85%	12.05%	15.30%	-2.94%	9.66%	9.85%	15.89%	12.73%	9.43%	11.45%	3.75%	-0.29%	-24.60%	-0.22%	15.80%	19.77%	7.54%	3.94%	-11.64%	-16.61%	5.05%	3.28%	-5.56%	6.48%	7.18%	11.87%	13.43%	11.22%	6.21%	7.19%	8.76%	10.09%
Invested Capital	5,688M	5,034M	3,823M	4,087M	6,762M	8,484M	9,657M	6,152M	5,569M	5,342M	4,216M	3,891M	4,047M	2,781M	1,524M	2,402M	2,304M	2,181M	2,895M	3,660M	4,868M	9,476M	10,807M	10,627M	17,018M	18,327M	17,153M	8,070M	12,383M	13,550M	16,851M	25,995M	18,592M	16,311M	15,253M	13,595M	13,877M	10,398M	7,438M	6,162M	6,134M	5,779M	5,114M
Return on Invested Capital	27.28%	27.15%	23.16%	25.57%	19.48%	15.17%	13.56%	25.63%	30.69%	25.51%	29.53%	24.39%	21.45%	34.74%	-10.17%	23.31%	26.48%	59.56%	37.96%	24.07%	23.79%	6.68%	-0.47%	-39.94%	-0.29%	19.98%	26.69%	18.98%	7.21%	-18.34%	-23.36%	5.07%	4.39%	-5.90%	7.74%	8.49%	12.83%	15.00%	13.74%	7.35%	7.40%	8.63%	9.74%

Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Net Income	1,550M	1,369M	969M	984M	933M	639M	665M	2,116M	1,562M	1,577M	1,709M	1,363M	1,245M	949M	868M	966M	-155M	560M	610M	1,299M	1,099M	881M	1,158M	633M	-51M	-4,244M	-49M	3,661M	4,578M	1,532M	893M	-2,485M	-3,937M	1,318M	817M	-962M	1,180M	1,154M	1,781M	1,560M	1,022M	453M	454M	499M	498M
Depreciation & Amortization	377M	396M	352M	338M	436M	729M	974M	369M	361M	336M	356M	440M	438M	409M	394M	360M	343M	295M	150M	173M	228M	208M	366M	572M	751M	831M	903M	558M	613M	659M	1,667M	2,108M	2,552M	2,522M	2,193M	2,208M	2,339M	2,316M	1,931M	1,547M	1,196M	1,029M	886M	790M	650M
Return on Depreciation & Amortization	419.72%	355.09%	281.54%	326.59%	288.94%	233.80%	201.04%	573.44%	432.69%	469.35%	480.06%	309.77%	284.25%	232.03%	220.30%	268.33%	-45.19%	189.83%	406.67%	750.87%	482.02%	423.56%	316.39%	110.66%	-6.79%	-510.71%	-5.43%	656.09%	746.82%	232.47%	53.57%	-117.88%	-154.27%	52.26%	37.25%	-43.57%	50.45%	49.83%	92.23%	100.84%	85.45%	44.02%	51.24%	63.16%	76.62%
Deferred Income Tax	-194M	-114M	83M	46M	176M	15M	-43M	78M	-200M	-215M	-32M	-334M	34M	-25M	-84M	9M	1,100M	213M	160M	-557M	-231M	242M	63M	346M	50M	1,698M	-747M	838M	1,000M	456M	1M	-1,570M	-2,273M	239M	-415M	-933M	-98M	-160M	-55M	-177M	50M	-23M	-5M	-62M	-31M
Return on Deferred Income Tax	-2,160.73%	-1,323.29%	371.36%	359.32%	296.95%	3,858.32%	3,040.02%	2,712.82%	-781.00%	-733.49%	-5,340.63%	-408.08%	3,661.76%	-3,796.00%	-1,033.33%	10,733.33%	-14.09%	262.91%	381.25%	-233.21%	-475.76%	364.05%	1,838.10%	182.95%	-102.00%	-249.94%	6.56%	436.87%	457.80%	335.96%	89,300.00%	158.28%	173.21%	551.46%	-196.87%	103.11%	-1,204.08%	-721.25%	-3,238.18%	-881.36%	2,044.00%	-1,969.57%	-9,080.00%	-804.84%	-1,606.45%
Stock-Based Compensation	209M	177M	129M	144M	166M	133M	111M	276M	232M	243M	212M	172M	129M	129M	118M	73M	66M	68M	78M	94M	153M	184M	168M	273M	296M	280M	315M	276M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Stock-Based Compensation	749.18%	789.66%	737.79%	725.21%	532.80%	426.24%	355.20%	766.67%	673.28%	648.97%	806.13%	792.44%	965.12%	735.66%	735.59%	1,323.29%	-234.85%	823.53%	782.05%	1,381.91%	718.30%	478.80%	689.29%	231.87%	-17.23%	-1,515.71%	-15.56%	1,326.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Change in Working Capital	-243M	-132M	-103M	-247M	-293M	-388M	-412M	-133M	5M	-156M	-244M	-329M	-34M	102M	89M	-370M	-89M	-61M	61M	-1,593M	-259M	-422M	-584M	184M	-263M	-757M	256M	-1,442M	45M	69M	698M	-636M	1,527M	-5,488M	-1,526M	-1,126M	-709M	958M	-259M	-369M	55M	372M	18M	55M	94M
Return on Change in Working Capital	-708.53%	-971.39%	-388.66%	-297.04%	301.24%	339.28%	259.34%	-1,590.98%	31,240.00%	-1,010.90%	-700.41%	-414.29%	-3,661.76%	930.39%	975.28%	-261.08%	174.16%	-918.03%	1,000.00%	-81.54%	-424.32%	-208.77%	-198.29%	344.02%	19.39%	560.63%	-19.14%	-253.88%	10,173.33%	2,220.29%	127.94%	390.72%	-257.83%	-24.02%	-53.54%	85.44%	-166.43%	120.46%	-687.64%	-422.76%	1,858.18%	121.77%	2,522.22%	907.27%	529.79%
Accounts Receivable	-179M	-89M	-47M	-72M	51M	17M	15M	-124M	-147M	-246M	-180M	-112M	3M	90M	-79M	62M	-60M	32M	21M	-62M	-66M	81M	-250M	-311M	-10M	1,891M	2,538M	-1,775M	-539M	-539M	-54M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accounts Receivable	-935.82%	7,949.40%	4,511.94%	2,785.33%	2,050.40%	1,562.80%	1,302.34%	-1,706.45%	-1,062.59%	-641.06%	-949.44%	-1,216.96%	41,500.00%	1,054.44%	-1,098.73%	1,558.06%	258.33%	1,750.00%	2,904.76%	-2,095.16%	-1,665.15%	1,087.65%	-463.20%	-203.54%	510.00%	-224.43%	-1.93%	-206.25%	-849.35%	-284.23%	-1,653.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Inventory	7M	-56M	-31M	-40M	28M	-15M	-74M	-66M	127M	62M	200M	-242M	-284M	-14M	-74M	71M	-46M	6M	16M	-5M	-10M	-3M	-14M	-267M	1,349M	-54M	556M	-718M	23M	-433M	77M	-102M	1,838M	-2,305M	-661M	254M	-880M	308M	-856M	-806M	-539M	-77M	3M	-72M	-29M
Return on Inventory	944.94%	-876.43%	928.83%	-4,370.46%	-1,915.79%	-1,413.80%	-1,193.83%	-3,206.06%	1,229.92%	2,543.55%	854.50%	-563.22%	-438.38%	-6,778.57%	-1,172.97%	1,360.56%	336.96%	9,333.33%	3,812.50%	-25,980.00%	-10,990.00%	-29,366.67%	-8,271.43%	-237.08%	-3.78%	7,859.26%	-8.81%	-509.89%	19,904.35%	-353.81%	1,159.74%	2,436.27%	-214.20%	-57.18%	-123.60%	-378.74%	-134.09%	374.68%	-208.06%	-193.55%	-189.61%	-588.31%	15,133.33%	-693.06%	-1,717.24%
Accounts Payable	203M	214M	191M	-78M	-158M	-35M	-29M	147M	265M	302M	-144M	451M	578M	-116M	198M	271M	160M	203M	10M	-120M	-201M	-162M	-191M	-2,412M	-1,631M	-1,631M	-2,303M	1,654M	1,917M	1,917M	374M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accounts Payable	-120.80%	-193.02%	610.87%	220.21%	201.44%	173.90%	144.91%	1,439.46%	589.43%	522.19%	-1,186.81%	302.22%	215.40%	-818.10%	438.38%	356.46%	-96.88%	275.86%	6,100.00%	-1,082.50%	-546.77%	-543.83%	-606.28%	-26.24%	3.13%	260.21%	2.13%	221.34%	238.81%	79.92%	238.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Working Capital	-273M	-202M	-217M	-57M	-214M	-355M	-324M	-90M	-240M	-274M	-120M	-426M	-331M	142M	44M	-774M	-143M	-302M	14M	-1,406M	18M	-338M	-129M	3,174M	29M	-963M	-535M	-603M	-1,356M	-876M	301M	-534M	-311M	-3,183M	-865M	-1,380M	171M	650M	597M	437M	594M	449M	15M	127M	123M
Return on Other Working Capital	-773.22%	-405.50%	410.05%	598.35%	415.23%	404.65%	375.25%	-2,351.11%	-650.83%	-575.55%	-1,424.17%	-319.95%	-376.13%	668.31%	1,972.73%	-124.81%	108.39%	-185.43%	4,357.14%	-92.39%	6,105.56%	-260.65%	-897.67%	19.94%	-175.86%	440.71%	9.16%	-607.13%	-337.61%	-174.89%	296.68%	465.36%	1,265.92%	-41.41%	-94.45%	69.71%	690.06%	177.54%	298.32%	356.98%	172.05%	100.89%	3,026.67%	392.91%	404.88%
Other Non-Cash Items	384M	243M	176M	275M	222M	503M	499M	-58M	606M	601M	43M	507M	20M	45M	435M	34M	77M	88M	-87M	1,989M	-52M	-20M	120M	321M	-117M	2,434M	32M	-392M	-1,631M	350M	-488M	3,922M	4,107M	245M	859M	1,834M	-116M	-78M	-111M	-9M	-9M	-12M	5M	26M	0M
Return on Other Non-Cash Items	1,501.88%	2,567.91%	1,561.42%	688.21%	441.24%	378.33%	179.99%	-3,648.28%	257.76%	262.40%	3,974.42%	268.84%	6,225.00%	2,108.89%	199.54%	2,841.18%	-201.30%	636.36%	-701.15%	65.31%	-2,113.46%	-4,405.00%	965.00%	197.20%	43.59%	-174.36%	-153.13%	-933.93%	-280.69%	437.71%	-182.99%	-63.36%	-95.86%	537.96%	95.11%	-52.45%	-1,017.24%	-1,479.49%	-1,604.50%	-17,333.33%	-11,355.56%	-3,775.00%	9,080.00%	1,919.23%	0.00%
Net Cash from Operating Activities	2,086M	1,942M	1,612M	1,359M	1,504M	1,522M	1,703M	2,651M	2,566M	2,391M	2,044M	1,823M	1,837M	1,613M	1,823M	1,075M	1,346M	1,165M	1,005M	-590M	944M	1,070M	874M	1,967M	629M	242M	710M	3,499M	4,605M	3,066M	2,771M	1,339M	1,976M	-1,164M	1,928M	1,021M	2,596M	4,190M	3,287M	2,552M	2,314M	1,942M	1,358M	1,308M	1,211M
Return on Net Cash from Operating Activities	74.78%	70.19%	58.57%	48.60%	-41.79%	-50.06%	-39.21%	79.82%	60.87%	65.96%	83.61%	74.77%	67.77%	58.83%	47.61%	89.86%	-11.52%	48.07%	60.70%	-220.17%	116.42%	82.34%	132.49%	32.18%	-8.11%	-1,753.72%	-6.90%	104.63%	99.41%	49.97%	32.23%	-185.59%	-199.24%	-113.23%	42.38%	-94.22%	45.45%	27.54%	54.18%	61.13%	44.17%	23.33%	33.43%	38.15%	41.12%
Capital Expenditures (PPE)	-255M	-245M	-234M	-228M	-298M	-527M	-972M	-237M	-252M	-257M	-253M	-256M	-243M	-217M	-248M	-197M	-227M	-271M	-175M	-181M	-191M	-187M	-186M	-335M	-275M	-504M	-527M	-649M	-583M	-494M	-655M	-607M	-1,321M	-4,131M	-2,684M	-3,221M	-2,874M	-2,973M	-4,225M	-3,320M	-2,187M	-1,386M	-1,317M	-1,256M	-1,094M
Return on Capital Expenditures (PPE)	-607.18%	-554.24%	-409.85%	-444.95%	-357.68%	-276.98%	-234.91%	-892.83%	-619.84%	-613.62%	-675.49%	-532.42%	-512.35%	-437.33%	-350.00%	-490.36%	68.28%	-206.64%	-348.57%	-717.68%	-575.39%	-471.12%	-622.58%	-188.96%	18.55%	842.06%	9.30%	-564.10%	-785.25%	-310.12%	-136.34%	409.39%	298.03%	-31.91%	-30.44%	29.87%	-41.06%	-38.82%	-42.15%	-46.99%	-46.73%	-32.68%	-34.47%	-39.73%	-45.52%
Acquisitions (Net)	-549M	-491M	-679M	-388M	-468M	-506M	-422M	-22M	-280M	-290M	-180M	-1,177M	-521M	-287M	-709M	-1,164M	-404M	-1,474M	-586M	-47M	-65M	-109M	1,091M	106M	265M	133M	-4,568M	933M	-312M	-476M	-302M	-94M	-512M	-1,912M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Acquisitions (Net)	-536.35%	-435.73%	-248.78%	-469.82%	-566.57%	-344.21%	-286.84%	-9,618.18%	-557.86%	-543.79%	-949.44%	-115.80%	-238.96%	-330.66%	-122.43%	-82.99%	38.37%	-37.99%	-104.10%	-2,763.83%	-1,690.77%	-808.26%	106.14%	597.17%	-19.25%	-3,190.98%	1.07%	392.39%	-1,467.31%	-321.85%	-295.70%	2,643.62%	768.95%	-68.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Purchases of Investments	391M	327M	275M	300M	281M	234M	176M	-4,371M	-173M	0M	0M	1,174M	243M	217M	248M	197M	227M	271M	175M	84M	191M	-38M	1,514M	-6M	-922M	-282M	6,897M	-1,417M	-3,157M	-13M	-82M	143M	14M	174M	-496M	0M	-37M	0M	-32M	0M	-105M	-22M	0M	-110M	-57M
Return on Purchases of Investments	38.70%	213.15%	239.31%	-551.80%	-358.53%	-1,965.84%	-1,935.52%	-48.41%	-902.89%	0.00%	0.00%	116.10%	512.35%	437.33%	350.00%	490.36%	-68.28%	206.64%	348.57%	1,546.43%	575.39%	-2,318.42%	76.49%	-10,550.00%	5.53%	1,504.96%	-0.71%	-258.36%	-145.01%	-11,784.62%	-1,089.02%	-1,737.76%	-28,121.43%	757.47%	-164.72%	0.00%	-3,189.19%	0.00%	-5,565.63%	0.00%	-973.33%	-2,059.09%	0.00%	-453.64%	-873.68%
Sales / Maturities of Investments	35M	26M	133M	662M	1,116M	951M	800M	14M	45M	40M	19M	46M	16M	11M	16M	95M	183M	670M	230M	3,403M	2,200M	1,037M	1,515M	452M	223M	1,334M	7,308M	1,960M	1,565M	682M	173M	23M	233M	345M	0M	164M	0M	52M	0M	40M	0M	0M	81M	0M	0M
Return on Sales / Maturities of Investments	5,300.09%	6,461.76%	3,901.47%	2,626.95%	1,977.10%	1,126.83%	993.45%	15,114.29%	3,471.11%	3,942.50%	8,994.74%	2,963.04%	7,781.25%	8,627.27%	5,425.00%	1,016.84%	-84.70%	83.58%	265.22%	38.17%	49.95%	84.96%	76.44%	140.04%	-22.87%	-318.14%	-0.67%	186.79%	292.52%	224.63%	516.18%	-10,804.35%	-1,689.70%	382.03%	0.00%	-586.59%	0.00%	2,219.23%	0.00%	3,900.00%	0.00%	0.00%	560.49%	0.00%	0.00%
Other Investing Activities	-391M	-314M	-261M	-288M	-634M	-244M	-119M	-463M	18M	0M	0M	-1,174M	-237M	-161M	-241M	-197M	-227M	-198M	-172M	-144M	-125M	94M	-1,516M	-29M	41M	113M	-6,731M	-1,875M	103M	138M	843M	96M	4,063M	1,433M	2,452M	92M	286M	15M	-322M	-688M	-215M	-86M	4M	-78M	-92M
Return on Other Investing Activities	-38.70%	-246.17%	-265.06%	-383.58%	-269.19%	-270.45%	-7.36%	-457.02%	8,677.78%	0.00%	0.00%	-116.10%	-525.32%	-589.44%	-360.17%	-490.36%	68.28%	-282.83%	-354.65%	-902.08%	-879.20%	937.23%	-76.39%	-2,182.76%	-124.39%	-3,755.75%	0.73%	-195.25%	4,444.66%	1,110.14%	105.93%	-2,588.54%	-96.90%	91.97%	33.32%	-1,045.65%	412.59%	7,693.33%	-553.11%	-226.74%	-475.35%	-526.74%	11,350.00%	-639.74%	-541.30%
Net Cash from Investing Activities	-769M	-697M	-767M	58M	-3M	-92M	-537M	-5,079M	-642M	-507M	-414M	-1,387M	-742M	-437M	-934M	-1,266M	-448M	-1,002M	-528M	3,115M	2,010M	797M	2,418M	188M	-668M	794M	2,379M	-1,048M	-2,384M	-163M	-23M	-439M	2,477M	-4,091M	-728M	-2,965M	-2,625M	-2,906M	-4,579M	-3,968M	-2,507M	-1,494M	-1,232M	-1,444M	-1,243M
Return on Net Cash from Investing Activities	-274.04%	-241.41%	-151.31%	-61.44%	-99.60%	-257.58%	-221.43%	-41.66%	-243.30%	-311.05%	-412.80%	-98.27%	-167.79%	-217.16%	-92.93%	-76.30%	34.60%	-55.89%	-115.53%	41.70%	54.68%	110.54%	47.89%	336.70%	7.63%	-534.51%	-2.06%	-349.33%	-192.03%	-939.88%	-3,882.61%	566.06%	-158.94%	-32.22%	-112.23%	32.45%	-44.95%	-39.71%	-38.89%	-39.31%	-40.77%	-30.32%	-36.85%	-34.56%	-40.06%
Net Debt Issuance	-103M	32M	114M	49M	-52M	-89M	42M	3,952M	-618M	-618M	-1M	310M	491M	-22M	-561M	598M	-11M	-13M	967M	910M	589M	334M	-1,219M	-1,016M	-218M	-268M	-213M	48M	-1,121M	-2,769M	-1,139M	-521M	-1,826M	5,069M	51M	2,107M	110M	-242M	1,463M	359M	409M	-140M	-8M	215M	138M
Return on Net Debt Issuance	-56,905.17%	-34,955.11%	-17,760.43%	-11,811.23%	-8,415.99%	-6,709.40%	-5,515.37%	53.54%	-252.75%	-255.18%	-170,900.00%	439.68%	253.56%	-4,313.64%	-154.72%	161.54%	1,409.09%	-4,307.69%	63.08%	142.75%	186.59%	263.77%	-95.00%	-62.30%	23.39%	1,583.58%	23.00%	7,627.08%	-408.39%	-55.33%	-78.40%	476.97%	215.61%	26.00%	1,601.96%	-45.66%	1,072.73%	-476.86%	121.74%	434.54%	249.88%	-323.57%	-5,675.00%	232.09%	360.87%
Long-Term Debt Issuance	-103M	32M	114M	50M	-36M	-76M	53M	3,029M	-618M	-618M	-1M	310M	491M	-22M	-561M	598M	-11M	-13M	967M	910M	589M	334M	-1,219M	-1,011M	-132M	-218M	29M	-18M	-1,132M	-2,750M	-1,139M	-521M	-1,826M	5,069M	51M	2,107M	110M	-242M	1,463M	359M	409M	-140M	-8M	215M	138M
Return on Long-Term Debt Issuance	-56,905.17%	-34,955.11%	-17,760.43%	-11,811.25%	-9,804.78%	-7,820.45%	-6,441.24%	69.86%	-252.75%	-255.18%	-170,900.00%	439.68%	253.56%	-4,313.64%	-154.72%	161.54%	1,409.09%	-4,307.69%	63.08%	142.75%	186.59%	263.77%	-95.00%	-62.61%	38.64%	1,946.79%	-168.97%	-20,338.89%	-404.42%	-55.71%	-78.40%	476.97%	215.61%	26.00%	1,601.96%	-45.66%	1,072.73%	-476.86%	121.74%	434.54%	249.88%	-323.57%	-5,675.00%	232.09%	360.87%
Short-Term Debt Issuance	0M	0M	0M	0M	-15M	-13M	-11M	923M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-5M	-86M	-50M	-242M	66M	11M	-19M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Short-Term Debt Issuance	0.00%	0.00%	0.00%	-844.00%	2,153.64%	1,400.38%	1,166.98%	229.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-12,660.00%	59.30%	8,488.00%	20.25%	5,546.97%	41,618.18%	-8,063.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Stock Issuance	-569M	-570M	-737M	-977M	-985M	-669M	-515M	-717M	-228M	-172M	-700M	-836M	-528M	-612M	-315M	36M	-401M	-749M	-3,093M	-2,546M	-1,694M	-2,305M	-918M	179M	116M	7M	-2,595M	-2,908M	325M	1,680M	158M	401M	362M	383M	1,028M	53M	137M	7M	49M	1,061M	113M	167M	19M	55M	29M
Return on Net Stock Issuance	-441.35%	-342.98%	63.70%	47.36%	-2,933.88%	-2,375.37%	-1,337.94%	-295.12%	-685.09%	-916.86%	-244.14%	-163.04%	-235.80%	-155.07%	-275.56%	2,683.33%	38.65%	-74.77%	-19.72%	-51.02%	-64.88%	-38.22%	-126.14%	353.63%	-43.97%	-60,628.57%	1.89%	-125.89%	1,408.62%	91.19%	565.19%	-619.70%	-1,087.57%	344.13%	79.47%	-1,815.09%	861.31%	16,485.71%	3,634.69%	147.03%	904.42%	271.26%	2,389.47%	907.27%	1,717.24%
Common Stock Issuance	112M	109M	109M	126M	235M	308M	299M	53M	47M	75M	104M	156M	102M	108M	114M	168M	82M	93M	84M	135M	165M	133M	192M	179M	116M	145M	440M	918M	1,199M	1,680M	158M	401M	362M	383M	1,028M	53M	137M	7M	49M	1,061M	113M	167M	19M	55M	29M
Return on Common Stock Issuance	1,539.88%	1,343.79%	919.47%	829.47%	512.04%	381.36%	959.34%	3,992.45%	3,323.40%	2,102.67%	1,643.27%	873.72%	1,220.59%	878.70%	761.40%	575.00%	-189.02%	602.15%	726.19%	962.22%	666.06%	662.41%	603.13%	353.63%	-43.97%	-2,926.90%	-11.14%	398.80%	381.82%	91.19%	565.19%	-619.70%	-1,087.57%	344.13%	79.47%	-1,815.09%	861.31%	16,485.71%	3,634.69%	147.03%	904.42%	271.26%	2,389.47%	907.27%	1,717.24%
Common Stock Repurchased	-629M	-605M	-798M	-1,051M	-1,182M	-945M	-788M	-770M	-275M	-247M	-804M	-836M	-528M	-612M	-315M	-132M	-483M	-842M	-3,177M	-2,546M	-1,694M	-2,438M	-1,110M	0M	0M	-138M	-3,035M	-3,826M	-874M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Common Stock Repurchased	-338.02%	-280.98%	-246.59%	-181.48%	-13.24%	-10.59%	-8.83%	-274.81%	-568.00%	-638.46%	-212.56%	-163.04%	-235.80%	-155.07%	-275.56%	-731.82%	32.09%	-66.51%	-19.20%	-51.02%	-64.88%	-36.14%	-104.32%	0.00%	0.00%	3,075.36%	1.61%	-95.69%	-523.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Stock Issuance	-52M	-73M	-48M	-49M	-37M	-29M	-24M	0M	0M	0M	0M	-156M	-102M	-108M	-114M	0M	0M	0M	0M	-87M	-165M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Stock Issuance	-291.24%	-594.60%	-373.44%	-392.91%	-294.68%	-235.74%	-196.45%	0.00%	0.00%	0.00%	0.00%	-873.72%	-1,220.59%	-878.70%	-761.40%	0.00%	0.00%	0.00%	0.00%	-1,493.10%	-666.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Dividends Paid	-591M	-538M	-427M	-356M	-360M	-360M	-346M	-710M	-636M	-654M	-589M	-530M	-482M	-436M	-379M	-337M	-307M	-280M	-277M	-318M	-292M	-270M	-72M	-114M	-114M	-453M	-468M	-443M	-394M	-378M	-372M	-364M	-356M	-333M	-291M	-288M	-286M	-261M	-236M	-149M	-120M	-100M	-100M	-100M	-99M
Return on Net Dividends Paid	-262.82%	-252.88%	-214.98%	-361.64%	-321.04%	-226.94%	-240.98%	-298.03%	-245.60%	-241.13%	-290.15%	-257.17%	-258.30%	-217.66%	-229.02%	-286.65%	50.49%	-200.00%	-220.22%	-408.49%	-376.37%	-326.30%	-1,608.33%	-555.26%	44.74%	936.87%	10.47%	-826.41%	-1,161.93%	-405.29%	-240.05%	682.69%	1,105.90%	-395.80%	-280.76%	334.03%	-412.59%	-442.15%	-754.66%	-1,046.98%	-851.67%	-453.00%	-454.00%	-499.00%	-503.03%
Common Dividends Paid	-591M	-538M	-427M	-356M	-360M	-360M	-346M	-710M	-636M	-654M	-589M	-530M	-482M	-436M	-379M	-337M	-307M	-280M	-277M	-318M	-292M	-270M	-72M	-114M	-114M	-453M	-468M	-443M	-394M	-378M	-372M	-364M	-356M	-333M	-291M	-288M	-286M	-261M	-236M	-149M	-120M	-100M	-100M	-100M	-99M
Return on Common Dividends Paid	-262.82%	-252.88%	-214.98%	-361.64%	-321.04%	-226.94%	-240.98%	-298.03%	-245.60%	-241.13%	-290.15%	-257.17%	-258.30%	-217.66%	-229.02%	-286.65%	50.49%	-200.00%	-220.22%	-408.49%	-376.37%	-326.30%	-1,608.33%	-555.26%	44.74%	936.87%	10.47%	-826.41%	-1,161.93%	-405.29%	-240.05%	682.69%	1,105.90%	-395.80%	-280.76%	334.03%	-412.59%	-442.15%	-754.66%	-1,046.98%	-851.67%	-453.00%	-454.00%	-499.00%	-503.03%
Preferred Dividends Paid	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Dividends Paid	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Financing Activities	47M	67M	37M	-153M	-91M	-28M	-23M	-628M	-4M	-4M	-5M	150M	90M	104M	111M	-77M	-3M	0M	5M	98M	190M	-53M	-3,383M	483M	6M	69M	-25M	142M	283M	1,230M	-113M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Other Financing Activities	-24,232.11%	-14,080.10%	-5,350.64%	-3,544.53%	-2,788.84%	-2,257.70%	-1,881.42%	-336.94%	-39,050.00%	-39,425.00%	-34,180.00%	908.67%	1,383.33%	912.50%	781.98%	-1,254.55%	5,166.67%	0.00%	12,200.00%	1,325.51%	578.42%	-1,662.26%	-34.23%	131.06%	-850.00%	-6,150.72%	196.00%	2,578.17%	1,617.67%	124.55%	-790.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Cash from Financing Activities	-1,216M	-1,009M	-1,011M	-1,451M	-1,510M	-1,164M	-857M	1,897M	-1,486M	-1,448M	-1,295M	-906M	-429M	-966M	-1,144M	220M	-722M	-1,042M	-2,382M	-1,711M	-1,207M	-2,294M	-5,592M	-851M	-210M	-645M	-3,226M	-3,161M	-1,190M	-237M	-1,466M	-484M	-1,820M	5,119M	725M	1,918M	-39M	-496M	1,276M	1,271M	402M	-73M	-89M	170M	68M
Return on Net Cash from Financing Activities	-130.44%	-155.95%	-47.44%	-51.66%	-29.58%	-21.74%	-119.99%	111.54%	-105.11%	-108.91%	-131.97%	-150.44%	-290.21%	-98.24%	-75.87%	439.09%	21.47%	-53.74%	-25.61%	-75.92%	-91.05%	-38.40%	-20.71%	-74.38%	24.29%	657.98%	1.52%	-115.82%	-384.71%	-646.41%	-60.91%	513.43%	216.32%	25.75%	112.69%	-50.16%	-3,025.64%	-232.66%	139.58%	122.74%	254.23%	-620.55%	-510.11%	293.53%	732.35%
Effect of FX on Cash	-24M	-15M	-20M	-17M	-8M	3M	3M	21M	56M	-39M	45M	-79M	-46M	43M	-1M	-40M	62M	-71M	-69M	-85M	10M	14M	-27M	27M	54M	-79M	73M	148M	-103M	100M	88M	9M	148M	-100M	-33M	34M	0M	0M	0M	0M	0M	-448M	-126M	136M	32M
Return on Effect of FX on Cash	-657.04%	-494.13%	-9,360.85%	-5,319.89%	-3,827.94%	-4,224.05%	-3,696.88%	10,076.19%	2,789.29%	-4,043.59%	3,797.78%	-1,725.32%	-2,706.52%	2,206.98%	-86,800.00%	-2,415.00%	-250.00%	-788.73%	-884.06%	-1,528.24%	10,990.00%	6,292.86%	-4,288.89%	2,344.44%	-94.44%	5,372.15%	-67.12%	2,473.65%	-4,444.66%	1,532.00%	1,014.77%	-27,611.11%	-2,660.14%	-1,318.00%	-2,475.76%	-2,829.41%	0.00%	0.00%	0.00%	0.00%	0.00%	-101.12%	-360.32%	366.91%	1,556.25%
Net Change in Cash	76M	220M	-185M	-51M	-17M	270M	312M	-510M	494M	397M	380M	-549M	620M	253M	-256M	-11M	238M	-950M	-1,974M	729M	1,757M	-413M	-2,327M	1,339M	-195M	312M	-64M	-562M	928M	2,766M	1,370M	425M	2,781M	-236M	1,892M	8M	-68M	788M	-16M	-145M	209M	-73M	-89M	170M	68M
Return on Net Change in Cash	199.57%	234.92%	-810.13%	-538.42%	-474.60%	-426.25%	-1,178.60%	-414.90%	316.19%	397.23%	449.74%	-248.27%	200.81%	375.10%	-339.06%	-8,781.82%	-65.13%	-58.95%	-30.90%	178.19%	62.55%	-213.32%	-49.76%	47.27%	26.15%	-1,360.26%	76.56%	-651.42%	493.32%	55.39%	65.18%	-584.71%	-141.57%	-558.47%	43.18%	-12,025.00%	-1,735.29%	146.45%	-11,131.25%	-1,075.86%	489.00%	-620.55%	-510.11%	293.53%	732.35%
Cash at Beginning of Period	1,635M	1,432M	1,665M	2,020M	2,278M	2,911M	2,622M	8,276M	5,508M	1,705M	1,325M	1,874M	1,254M	1,001M	1,257M	1,268M	1,030M	1,980M	3,954M	3,225M	1,468M	1,881M	4,208M	2,869M	3,064M	2,752M	2,816M	3,774M	2,846M	7,790M	6,507M	6,082M	3,301M	3,537M	1,453M	1,445M	1,513M	725M	741M	886M	677M	302M	265M	231M	195M
Return on Cash at Beginning of Period	98.07%	97.66%	66.22%	58.25%	48.70%	35.38%	45.06%	25.57%	28.36%	92.49%	128.98%	72.73%	99.28%	94.81%	69.05%	76.18%	-15.05%	28.28%	15.43%	40.28%	74.86%	46.84%	27.52%	22.06%	-1.66%	-154.22%	-1.74%	97.01%	160.86%	19.67%	13.72%	-40.86%	-119.27%	37.26%	56.23%	-66.57%	77.99%	159.17%	240.35%	176.07%	150.96%	150.00%	171.32%	216.02%	255.38%
Cash at End of Period	1,711M	1,652M	1,480M	1,969M	2,260M	3,181M	2,934M	7,766M	6,002M	2,102M	1,705M	1,325M	1,874M	1,254M	1,001M	1,257M	1,268M	1,030M	1,980M	3,954M	3,225M	1,468M	1,881M	4,208M	2,869M	3,064M	2,752M	3,212M	3,774M	10,556M	7,877M	6,507M	6,082M	3,301M	3,345M	1,453M	1,445M	1,513M	725M	741M	886M	229M	176M	401M	263M
Return on Cash at End of Period	92.71%	84.05%	65.68%	57.35%	47.68%	36.65%	42.61%	27.25%	26.02%	75.02%	100.23%	102.87%	66.44%	75.68%	86.71%	76.85%	-12.22%	54.37%	30.81%	32.85%	34.08%	60.01%	61.56%	15.04%	-1.78%	-138.51%	-1.78%	113.98%	121.30%	14.51%	11.34%	-38.19%	-64.73%	39.93%	24.42%	-66.21%	81.66%	76.27%	245.66%	210.53%	115.35%	197.82%	257.95%	124.44%	189.35%
Operating Cash Flow	2,086M	1,942M	1,612M	1,359M	1,504M	1,522M	1,703M	2,651M	2,566M	2,391M	2,044M	1,823M	1,837M	1,613M	1,823M	1,075M	1,346M	1,165M	1,005M	-590M	944M	1,070M	874M	1,967M	629M	242M	710M	3,499M	4,605M	3,066M	2,771M	1,339M	1,976M	-1,164M	1,928M	1,021M	2,596M	4,190M	3,287M	2,552M	2,314M	1,942M	1,358M	1,308M	1,211M
Return on Operating Cash Flow	74.78%	70.19%	58.57%	48.60%	-41.79%	-50.06%	-39.21%	79.82%	60.87%	65.96%	83.61%	74.77%	67.77%	58.83%	47.61%	89.86%	-11.52%	48.07%	60.70%	-220.17%	116.42%	82.34%	132.49%	32.18%	-8.11%	-1,753.72%	-6.90%	104.63%	99.41%	49.97%	32.23%	-185.59%	-199.24%	-113.23%	42.38%	-94.22%	45.45%	27.54%	54.18%	61.13%	44.17%	23.33%	33.43%	38.15%	41.12%
Capital Expenditure	-255M	-245M	-234M	-228M	-298M	-527M	-972M	-237M	-252M	-257M	-253M	-256M	-243M	-217M	-248M	-197M	-227M	-271M	-175M	-181M	-191M	-187M	-186M	-335M	-275M	-504M	-527M	-649M	-583M	-494M	-655M	-607M	-1,321M	-4,131M	-2,684M	-3,221M	-2,874M	-2,973M	-4,225M	-3,320M	-2,187M	-1,386M	-1,317M	-1,256M	-1,094M
Return on Capital Expenditure	-607.18%	-554.24%	-409.85%	-444.95%	-357.68%	-276.98%	-234.91%	-892.83%	-619.84%	-613.62%	-675.49%	-532.42%	-512.35%	-437.33%	-350.00%	-490.36%	68.28%	-206.64%	-348.57%	-717.68%	-575.39%	-471.12%	-622.58%	-188.96%	18.55%	842.06%	9.30%	-564.10%	-785.25%	-310.12%	-136.34%	409.39%	298.03%	-31.91%	-30.44%	29.87%	-41.06%	-38.82%	-42.15%	-46.99%	-46.73%	-32.68%	-34.47%	-39.73%	-45.52%
Free Cash Flow	1,831M	1,696M	1,378M	1,131M	1,206M	996M	731M	2,414M	2,314M	2,134M	1,791M	1,567M	1,594M	1,396M	1,575M	878M	1,119M	894M	830M	-771M	753M	883M	688M	1,632M	354M	-262M	183M	2,850M	4,022M	2,572M	2,116M	732M	655M	-5,295M	-756M	-2,200M	-278M	1,217M	-938M	-768M	127M	556M	41M	52M	117M
Return on Free Cash Flow	85.43%	80.48%	68.98%	64.94%	139.75%	77.26%	44.92%	87.66%	67.50%	73.90%	95.42%	86.98%	78.11%	67.98%	55.11%	110.02%	-13.85%	62.64%	73.49%	-168.48%	145.95%	99.77%	168.31%	38.79%	-14.41%	1,619.85%	-26.78%	128.46%	113.82%	59.56%	42.20%	-339.48%	-601.07%	-24.89%	-108.07%	43.73%	-424.46%	94.82%	-189.87%	-203.13%	804.72%	81.47%	1,107.32%	959.62%	425.64%

Free Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Net Income	1,553M	1,372M	976M	804M	797M	557M	596M	2,119M	1,562M	1,582M	1,709M	1,367M	1,250M	953M	871M	969M	-151M	562M	643M	-696M	1,105M	878M	741M	271M	-88M	-4,244M	-49M	3,661M	4,599M	2,191M	893M	-2,485M	-3,937M	1,318M	817M	-962M	1,180M	1,154M	1,781M	1,560M	1,022M	576M	454M	499M	498M
EBITDA	2,516M	2,314M	1,916M	1,540M	1,620M	1,710M	2,102M	3,438M	2,534M	2,603M	2,751M	2,195M	2,205M	1,816M	1,632M	1,702M	1,634M	1,364M	1,253M	-841M	1,170M	1,140M	1,236M	1,234M	350M	-1,578M	736M	4,650M	5,148M	3,532M	2,146M	2,059M	-1,393M	4,013M	3,781M	3,095M	4,286M	4,276M	4,862M	4,126M	2,862M	1,986M	1,628M	1,589M	1,426M
Return on EBITDA	61.73%	58.87%	48.79%	54.94%	61.46%	61.11%	53.65%	61.63%	61.64%	60.78%	62.12%	62.28%	56.69%	52.48%	53.37%	56.93%	-9.24%	41.20%	51.32%	82.76%	94.44%	77.02%	59.95%	21.96%	-25.14%	268.95%	-6.66%	78.73%	89.34%	62.03%	41.61%	-120.69%	282.63%	32.84%	21.61%	-31.08%	27.53%	26.99%	36.63%	37.81%	35.71%	29.00%	27.89%	31.40%	34.92%
(-) Tax Adjustment	428M	411M	516M	429M	385M	441M	534M	774M	436M	515M	554M	214M	429M	342M	212M	205M	1,863M	456M	374M	337M	-78M	273M	-5M	749M	-111M	-963M	-538M	1,361M	1,520M	1,150M	699M	-574M	398M	1,642M	1,155M	-902M	1,501M	1,496M	1,749M	1,485M	944M	556M	422M	398M	327M
Return on (-) Tax Adjustment	417.81%	364.70%	299.32%	-867.50%	-595.57%	-482.78%	-387.82%	273.71%	357.94%	307.31%	308.60%	637.51%	291.33%	278.77%	410.95%	471.73%	-8.10%	123.31%	171.74%	-206.63%	-1,408.66%	321.58%	-14,748.06%	36.18%	79.54%	440.66%	9.11%	269.05%	302.60%	190.57%	127.81%	432.77%	-989.56%	80.26%	70.72%	106.66%	78.61%	77.14%	101.81%	105.06%	108.26%	103.58%	107.51%	125.24%	152.43%
(-) Change In Working Capital	-243M	-132M	-103M	-247M	-293M	-388M	-412M	-133M	5M	-156M	-244M	-329M	-34M	102M	89M	-370M	-89M	-61M	61M	-1,593M	-259M	-422M	-584M	184M	-263M	-757M	256M	-1,442M	45M	69M	698M	-636M	1,527M	-5,488M	-1,526M	-1,126M	-709M	958M	-259M	-369M	55M	372M	18M	55M	94M
Return on (-) Change In Working Capital	-710.00%	-974.43%	-385.30%	-294.90%	305.88%	381.19%	294.27%	-1,593.23%	31,240.00%	-1,014.10%	-700.41%	-415.50%	-3,676.47%	934.31%	978.65%	-261.89%	169.66%	-921.31%	1,054.10%	43.69%	-426.64%	-208.06%	-126.88%	147.28%	33.46%	560.63%	-19.14%	-253.88%	10,220.00%	3,175.36%	127.94%	390.72%	-257.83%	-24.02%	-53.54%	85.44%	-166.43%	120.46%	-687.64%	-422.76%	1,858.18%	154.84%	2,522.22%	907.27%	529.79%
(-) Capital Expenditure	-255M	-245M	-234M	-228M	-298M	-527M	-972M	-237M	-252M	-257M	-253M	-256M	-243M	-217M	-248M	-197M	-227M	-271M	-175M	-181M	-191M	-187M	-186M	-335M	-275M	-504M	-527M	-649M	-583M	-494M	-655M	-607M	-1,321M	-4,131M	-2,684M	-3,221M	-2,874M	-2,973M	-4,225M	-3,320M	-2,187M	-1,386M	-1,317M	-1,256M	-1,094M
Return on (-) Capital Expenditure	-608.35%	-555.72%	-413.00%	-351.52%	-287.12%	-225.87%	-192.31%	-894.09%	-619.84%	-615.56%	-675.49%	-533.98%	-514.40%	-439.17%	-351.21%	-491.88%	66.52%	-207.38%	-367.43%	384.53%	-578.53%	-469.52%	-398.39%	-80.90%	32.00%	842.06%	9.30%	-564.10%	-788.85%	-443.52%	-136.34%	409.39%	298.03%	-31.91%	-30.44%	29.87%	-41.06%	-38.82%	-42.15%	-46.99%	-46.73%	-41.56%	-34.47%	-39.73%	-45.52%
Unlevered Free Cash Flow	2,076M	1,790M	1,268M	1,129M	1,230M	1,130M	1,008M	2,560M	1,841M	1,987M	2,188M	2,054M	1,567M	1,155M	1,083M	1,670M	-367M	698M	643M	234M	1,316M	1,102M	1,639M	-34M	449M	-362M	491M	4,082M	3,000M	1,819M	94M	2,662M	-4,639M	3,728M	1,468M	1,902M	620M	-1,151M	-853M	-310M	-324M	-328M	-129M	-120M	-89M
Return on Unlevered Free Cash Flow	74.76%	77.31%	74.67%	-9.33%	62.30%	93.61%	74.23%	82.78%	84.86%	79.61%	78.10%	66.57%	79.77%	82.50%	80.42%	58.04%	41.11%	80.49%	100.06%	-297.23%	83.94%	79.68%	45.21%	-798.26%	-19.62%	1,172.70%	-9.98%	89.68%	153.29%	120.43%	946.95%	-93.34%	84.87%	35.36%	55.66%	-50.58%	190.34%	-100.26%	-208.69%	-503.52%	-315.44%	-175.57%	-351.20%	-414.30%	-561.45%
(-) Net Interest Income After Taxes	-186M	-181M	-152M	-133M	-107M	-86M	-72M	-192M	-185M	-182M	-173M	-204M	-168M	-179M	-191M	-195M	28M	-137M	-121M	-176M	-121M	-50M	-74M	-51M	-174M	19M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on (-) Net Interest Income After Taxes	-843.23%	-761.90%	-623.80%	-669.40%	-1,634.02%	-1,307.22%	-1,089.35%	-1,102.76%	-846.17%	-868.72%	-990.62%	-670.35%	-746.15%	-533.64%	-455.00%	-496.40%	-535.32%	-411.71%	-530.06%	394.41%	-916.43%	-1,749.25%	-997.30%	-534.45%	50.65%	-22,690.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Debt Issuance	-103M	32M	114M	49M	-52M	-89M	42M	3,952M	-618M	-618M	-1M	310M	491M	-22M	-561M	598M	-11M	-13M	967M	910M	589M	334M	-1,219M	-1,016M	-218M	-268M	-213M	48M	-1,121M	-2,769M	-1,139M	-521M	-1,826M	5,069M	51M	2,107M	110M	-242M	1,463M	359M	409M	-140M	-8M	215M	138M
Return on Net Debt Issuance	-56,905.01%	-34,958.45%	-17,766.93%	-11,825.52%	-8,425.95%	-6,718.32%	-5,522.80%	53.62%	-252.75%	-255.99%	-170,900.00%	440.97%	254.58%	-4,331.82%	-155.26%	162.04%	1,372.73%	-4,323.08%	66.49%	-76.48%	187.61%	262.87%	-60.79%	-26.67%	40.37%	1,583.58%	23.00%	7,627.08%	-410.26%	-79.13%	-78.40%	476.97%	215.61%	26.00%	1,601.96%	-45.66%	1,072.73%	-476.86%	121.74%	434.54%	249.88%	-411.43%	-5,675.00%	232.09%	360.87%
Levered Free Cash Flow	2,160M	2,003M	1,534M	1,311M	1,285M	1,128M	1,122M	6,704M	1,407M	1,551M	2,360M	2,567M	2,225M	1,312M	713M	2,463M	-407M	822M	1,731M	1,321M	2,026M	1,486M	494M	-999M	404M	-649M	278M	4,130M	1,879M	-950M	-1,045M	2,141M	-6,465M	8,797M	1,519M	4,009M	730M	-1,393M	610M	49M	85M	-468M	-137M	95M	49M
Return on Levered Free Cash Flow	75.88%	71.29%	66.06%	56.28%	89.63%	57.45%	61.23%	31.61%	111.00%	101.98%	72.42%	53.24%	56.17%	72.65%	122.08%	39.35%	37.15%	68.39%	37.15%	-52.70%	54.54%	59.08%	149.90%	-27.12%	-21.76%	654.33%	-17.64%	88.64%	244.74%	-230.70%	-85.48%	-116.06%	60.90%	14.98%	53.79%	-24.00%	161.65%	-82.84%	292.16%	3,171.91%	1,202.22%	-123.06%	-330.73%	527.72%	1,010.14%