Financial Statements — K
Balance Sheet
(in billions USD)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.24 | 0.35 | 0.33 | 0.57 | 0.27 | 0.24 | 1.10 | 0.31 | 0.35 | 0.37 | 0.32 | 0.31 | 0.44 | 0.40 | 0.39 |
| Accounts Receivable | 1.71 | 1.70 | 1.57 | 1.70 | 1.65 | 1.67 | 1.88 | 1.93 | 1.82 | 1.99 | 1.88 | 1.69 | 1.68 | 1.66 | 1.66 |
| Inventory | 1.20 | 1.26 | 1.22 | 1.22 | 1.19 | 1.21 | 1.63 | 1.71 | 1.80 | 1.68 | 1.68 | 1.56 | 1.38 | 1.37 | 1.32 |
| Total Current Assets | 3.47 | 3.67 | 3.47 | 3.86 | 3.47 | 3.45 | 4.99 | 4.29 | 4.32 | 4.44 | 4.26 | 3.82 | 3.80 | 3.75 | 3.64 |
| Property, Plant & Equipment | 3.53 | 3.50 | 3.35 | 3.22 | 3.12 | 3.10 | 3.76 | 3.78 | 3.79 | 3.56 | 3.66 | 3.77 | 3.75 | 3.67 | 3.64 |
| Goodwill | 5.06 | 5.06 | 5.02 | 5.05 | 5.04 | 5.07 | 5.50 | 5.52 | 5.69 | 5.69 | 5.74 | 5.78 | 5.79 | 5.78 | 5.77 |
| Intangible Assets | 0.11 | 0.12 | 0.12 | 0.12 | 0.13 | 0.14 | 0.21 | 0.22 | 0.32 | 0.35 | 0.37 | 0.38 | 0.39 | 0.40 | 0.43 |
| Total Non-current Assets* | 12.18 | 12.20 | 12.00 | 11.91 | 11.83 | 11.87 | 13.71 | 13.81 | 14.31 | 14.57 | 14.68 | 14.80 | 14.61 | 14.47 | 14.43 |
| Total Assets | 15.65 | 15.87 | 15.47 | 15.76 | 15.30 | 15.32 | 18.70 | 18.10 | 18.63 | 19.02 | 18.94 | 18.61 | 18.41 | 18.21 | 18.06 |
| Accounts Payable | 2.11 | 2.21 | 2.13 | 2.37 | 2.27 | 2.21 | 2.79 | 2.81 | 2.90 | 2.87 | 2.87 | 2.71 | 2.53 | 2.49 | 2.48 |
| Short-term Debt | 0.53 | 0.78 | 0.59 | 0.12 | 0.21 | 0.24 | 0.35 | 0.46 | 0.47 | 0.17 | 0.32 | 0.45 | 0.50 | 0.55 | 0.43 |
| Total Current Liabilities | 5.11 | 5.38 | 4.34 | 4.97 | 4.77 | 5.53 | 6.52 | 6.48 | 6.00 | 6.03 | 6.05 | 5.85 | 5.03 | 4.95 | 5.39 |
| Long-term Debt | 4.30 | 4.30 | 5.00 | 5.10 | 5.00 | 4.40 | 5.50 | 5.10 | 5.80 | 5.70 | 5.80 | 6.00 | 7.00 | 7.00 | 6.70 |
| Total Non-current Liabilities* | 6.33 | 6.38 | 7.22 | 7.14 | 7.22 | 6.64 | 8.13 | 7.66 | 8.58 | 8.70 | 8.80 | 8.97 | 9.89 | 9.90 | 9.54 |
| Total Liabilities* | 11.44 | 11.76 | 11.56 | 12.11 | 11.99 | 12.16 | 14.66 | 14.14 | 14.58 | 14.73 | 14.86 | 14.82 | 14.92 | 14.85 | 14.93 |
| Retained Earnings | 9.70 | 9.59 | 9.50 | 9.20 | 9.03 | 8.88 | 9.51 | 9.45 | 9.29 | 9.50 | 9.39 | 9.25 | 8.80 | 8.69 | 8.51 |
| Total Stockholder Equity | 4.20 | 4.11 | 3.92 | 3.65 | 3.31 | 3.15 | 4.04 | 3.97 | 4.05 | 4.28 | 4.08 | 3.80 | 3.48 | 3.36 | 3.14 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Total Revenue | 3.26 | 3.20 | 3.08 | 3.12 | 3.23 | 3.19 | 3.20 | 1.09 | 3.94 | 4.04 | 4.05 | 3.83 | 3.95 | 3.86 | 3.67 | 3.46 | 3.62 | 3.56 | 3.58 |
| Cost of Revenue* | 2.18 | 2.11 | 2.02 | 1.95 | 2.06 | 2.03 | 2.17 | 0.69 | 2.60 | 2.71 | 2.84 | 2.67 | 2.79 | 2.72 | 2.51 | 2.46 | 2.46 | 2.33 | 2.42 |
| Gross Profit* | 1.08 | 1.09 | 1.06 | 1.18 | 1.18 | 1.16 | 1.03 | 0.40 | 1.34 | 1.33 | 1.21 | 1.16 | 1.15 | 1.14 | 1.16 | 1.00 | 1.17 | 1.22 | 1.17 |
| Selling, General & Admin | 0.63 | 0.65 | 0.63 | 0.65 | 0.72 | 0.67 | 0.64 | 0.32 | 0.86 | 0.82 | 0.77 | 0.83 | 0.79 | 0.73 | 0.64 | 0.68 | 0.72 | 0.72 | 0.69 |
| Total Operating Expenses | 0.63 | 0.65 | 0.63 | 0.65 | 0.72 | 0.67 | 0.64 | 0.32 | 0.86 | 0.82 | 0.77 | 0.02 | 0.79 | 0.73 | 0.64 | 0.68 | 0.72 | 0.72 | 0.69 |
| Operating Income | 0.45 | 0.44 | 0.43 | 0.53 | 0.46 | 0.49 | 0.39 | 0.07 | 0.48 | 0.51 | 0.44 | 0.34 | 0.37 | 0.42 | 0.52 | 0.33 | 0.45 | 0.50 | 0.47 |
| Pretax Income | 0.40 | 0.38 | 0.38 | 0.46 | 0.40 | 0.44 | 0.35 | (0.18) | 0.38 | 0.46 | 0.39 | (0.14) | 0.38 | 0.42 | 0.54 | 0.56 | 0.39 | 0.53 | 0.48 |
| Tax Provision | 0.09 | 0.08 | 0.07 | 0.09 | 0.03 | 0.10 | 0.08 | (0.04) | 0.10 | 0.10 | 0.09 | (0.04) | 0.07 | 0.10 | 0.11 | 0.13 | 0.09 | 0.14 | 0.11 |
| Net Income | 0.31 | 0.30 | 0.30 | 0.37 | 0.37 | 0.34 | 0.27 | 0.03 | 0.27 | 0.36 | 0.30 | (0.10) | 0.31 | 0.33 | 0.42 | 0.21 | 0.31 | 0.38 | 0.37 |
| Basic EPS | 0.89 | 0.86 | 0.88 | 1.06 | 1.07 | 1.01 | 0.78 | 0.08 | 0.79 | 1.04 | 0.87 | (0.30) | 0.91 | 0.96 | 1.24 | 1.27 | 0.90 | 1.12 | 1.07 |
| Diluted EPS | 0.88 | 0.85 | 0.87 | 1.05 | 1.05 | 1.00 | 0.78 | 0.09 | 0.78 | 1.03 | 0.86 | (0.29) | 0.90 | 0.95 | 1.23 | -- | 0.89 | 1.11 | 1.07 |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | 503.00 | 169.00 | 116.00 | 467.00 | 553.00 | 376.00 | 364.00 | 245.00 | 756.00 | 368.00 | 276.00 | 471.00 | 375.00 | 478.00 | 327.00 | 458.00 | 452.00 | 235.00 |
| Capital Expenditures | 144.00 | 148.00 | 176.00 | 188.00 | 143.00 | 142.00 | 155.00 | 171.00 | 167.00 | 136.00 | 203.00 | 138.00 | 83.00 | 129.00 | 138.00 | 107.00 | 128.00 | 173.00 |
| Free Cash Flow* | 359.00 | 21.00 | (60.00) | 279.00 | 410.00 | 234.00 | 209.00 | 74.00 | 589.00 | 232.00 | 73.00 | 333.00 | 292.00 | 349.00 | 189.00 | 351.00 | 324.00 | 62.00 |
| Investing Cash Flow | (156.00) | (170.00) | (152.00) | (161.00) | (135.00) | (121.00) | (333.00) | (90.00) | (128.00) | (139.00) | (205.00) | (136.00) | 6.00 | (206.00) | (112.00) | (55.00) | (141.00) | (189.00) |
| Financing Cash Flow | (455.00) | 32.00 | (313.00) | (190.00) | (127.00) | (232.00) | (58.00) | (990.00) | 179.00 | (266.00) | (33.00) | (416.00) | (282.00) | (212.00) | (171.00) | (339.00) | (306.00) | (95.00) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 | Q4
2020 | Q3
2020 |
|---|
| Dividends Per Share | 0.58 | 0.57 | 0.57 | 0.57 | 0.57 | 0.56 | 0.56 | 0.56 | 0.60 | 0.59 | 0.59 | 0.59 | 0.59 | 0.58 | 0.58 | 0.58 | 0.58 | 0.57 | 0.57 | 0.57 |
