CNO Financial Group, Inc.

CNO

CNOCNO Financial Group, Inc. US flag

New York Stock Exchange

46.17

USD

-0.68

- -

4.31BMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	4,125	4,343	4,476	4,145	3,801	3,992	4,302	4,314	4,016	3,821	4,122	3,577	4,147	4,446	4,487
+ Sales & Services Revenue	4,125	4,343	4,476	4,145	3,801	3,992	4,302	4,314	4,016	3,821	4,122	3,577	4,147	4,446	4,487
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	212	227	234	242	205	231	237	233	238	253	268	288	291	304	305
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-212	-227	-234	-242	-205	-231	-237	-233	-238	-253	-268	-288	-291	-304	-305
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-306	-156	-305	-175	-368	-353	-480	265	-274	-344	-733	-816	-357	-540	-293
+ Interest Expense, Net	114	115	105	93	95	116	124	150	152	109	95	137	239	254	231
+ Interest Expense	114	115	105	93	95	116	124	150	152	109	95	137	239	254	231
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-420	-270	-410	-268	-463	-470	-604	115	-426	-453	-828	-954	-595	-794	-524
Pretax Income	306	156	305	175	368	353	480	-265	274	344	733	816	357	540	293
- Income Tax Expense (Benefit)	-30	-65	-173	124	97	-5	305	50	-135	42	163	186	80	119	64
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	336	221	478	51	271	358	176	-315	409	302	570	631	276	421	229
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	336	221	478	51	271	358	176	-315	409	302	570	631	276	421	229
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	336	221	478	51	271	358	176	-315	409	302	570	631	276	421	229
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	336	221	478	51	271	358	176	-315	409	302	570	631	276	421	229
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITA	-324	-315	-325	-274	-283	-275	-265	-292	-268	-304	-237	-248	-267	-292	-318
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	8.14	5.09	10.68	1.24	7.12	8.97	4.08	-7.3	10.19	7.9	13.83	17.63	6.67	9.47	5.11
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	0.06	0.11	0.24	0.27	0.31	0.35	0.39	0.43	0.47	0.51	0.56	0.6	0.64	0.68
Depreciation Expense	324	315	325	274	283	275	265	292	268	304	237	248	267	292	318
Basic Weighted Avg Shares	248	234	222	213	193	177	170	165	156	142	128	116	113	106	98
Basic EPS, GAAP	1.35	0.95	2.16	0.24	1.4	2.03	1.03	-1.9	2.62	2.12	4.44	5.45	2.44	3.96	2.35
Basic EPS from Cont Ops	1.35	0.95	2.16	0.24	1.4	2.03	1.03	-1.9	2.62	2.12	4.44	5.45	2.44	3.96	2.35
Diluted Weighted Avg Shares	304	281	233	218	195	178	172	165	157	143	131	118	115	108	100
Diluted EPS, GAAP	1.1	0.79	2.05	0.24	1.39	2.01	1.02	-1.9	2.61	2.11	4.35	5.36	2.4	3.89	2.3
Diluted EPS from Cont Ops	1.1	0.79	2.05	0.24	1.39	2.01	1.02	-1.9	2.61	2.11	4.35	5.36	2.4	3.89	2.3

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	23,590	24,668	23,309	20,703	20,247	21,286	23,090	18,510	21,370	23,438	24,905	20,423	22,281	24,387	8,578
+ Cash & Cash Equivalents	74	54	104	68	364	189	179	62	75	54	100	69	774	1,657	956
+ ST Investments	23,516	24,614	23,205	20,635	19,883	21,096	22,911	18,448	21,295	23,384	24,805	20,353	21,506	22,730	7,622
+ Accounts & Notes Receiv	3,956	3,645	4,539	3,750	3,758	3,050	2,542	5,555	5,218	4,784	4,473	5,287	4,977	4,669	4,391
+ Accounts Receivable, Net	3,091	2,928	3,392	2,991	2,859	2,260	2,175	4,925	4,786	4,584	4,354	4,223	4,041	3,855	3,678
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	865	717	1,147	759	899	790	367	630	433	199	118	1,063	936	814	713
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-27,547	-28,313	-27,848	-24,453	-24,005	-24,336	-25,632	-24,066	-26,588	-28,221	-29,378	-25,709	-27,258	-29,056	-12,969
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	24,279	25,866	24,722	22,666	22,242	23,768	25,163	20,440	22,772	24,956	26,363	21,774	22,594	23,740	24,864
+ LT Investments	24,279	25,866	24,722	22,666	22,242	23,768	25,163	20,440	22,772	24,956	26,363	21,774	22,594	23,740	24,864
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-24,279	-25,866	-24,722	-22,666	-22,242	-23,768	-25,163	-20,440	-22,772	-24,956	-26,363	-21,774	-22,594	-23,740	-24,864
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-24,279	-25,866	-24,722	-22,666	-22,242	-23,768	-25,163	-20,440	-22,772	-24,956	-26,363	-21,774	-22,594	-23,740	-24,864
Total Assets	32,922	34,131	34,781	31,156	31,125	31,975	33,110	31,440	33,631	35,340	36,204	33,133	35,027	37,849	38,791
+ Payables & Accruals	- -	- -	590	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	- -	- -	590	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	100	100	100	100	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	100	100	100	100	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	-590	- -	-100	-100	-100	-100	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	-590	- -	-100	-100	-100	-100	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	3,054	3,422	3,769	3,571	4,036	4,123	3,872	3,880	3,786	3,930	4,001	3,883	4,151	4,520	4,052
+ LT Borrowings	3,054	3,422	3,769	3,571	4,036	4,123	3,872	3,880	3,786	3,930	4,001	3,883	4,151	4,520	4,052
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-3,054	-3,422	-3,769	-3,571	-4,036	-4,123	-3,872	-3,880	-3,786	-3,930	-4,001	-3,883	-4,151	-4,520	-4,052
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-3,054	-3,422	-3,769	-3,571	-4,036	-4,123	-3,872	-3,880	-3,786	-3,930	-4,001	-3,883	-4,151	-4,520	-4,052
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	28,308	29,082	29,825	26,468	26,987	27,488	28,263	28,069	28,954	29,856	30,945	31,364	32,812	35,334	36,152
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	4,364	4,177	4,095	3,734	3,389	3,214	3,075	2,997	2,769	2,546	2,185	2,035	1,893	1,634	1,337
+ Common Stock	2	2	2	2	2	2	2	2	2	1	1	1	1	1	1
+ Additional Paid in Capital	4,362	4,175	4,093	3,732	3,387	3,212	3,073	2,995	2,767	2,544	2,184	2,034	1,892	1,632	1,336
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-532	-325	128	128	347	651	560	197	536	752	1,127	1,691	1,900	2,253	2,416
+ Other Equity	782	1,197	732	825	403	622	1,212	178	1,372	2,186	1,947	-1,957	-1,577	-1,371	-1,115
Equity Before Minority Interest	4,614	5,049	4,955	4,688	4,138	4,487	4,848	3,371	4,677	5,484	5,260	1,769	2,216	2,515	2,638
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	4,614	5,049	4,955	4,688	4,138	4,487	4,848	3,371	4,677	5,484	5,260	1,769	2,216	2,515	2,638
Total Liabilities & Equity	32,922	34,131	34,781	31,156	31,125	31,975	33,110	31,440	33,631	35,340	36,204	33,133	35,027	37,849	38,791
Shares Outstanding	241	222	220	203	184	174	167	162	148	135	120	114	109	102	94
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	2,980	3,368	3,664	3,503	3,771	4,034	3,793	3,917	3,711	3,876	3,901	3,814	3,376	2,863	3,096
Net Debt to Equity	64.59	66.7	73.95	74.72	91.12	89.9	78.25	116.21	79.35	70.68	74.18	215.61	152.38	113.84	117.34
Tangible Common Equity Ratio	14.01	14.79	14.25	15.05	13.3	14.03	14.64	10.72	13.91	15.52	14.53	5.34	6.33	6.65	6.8
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	336	221	478	51	271	358	176	-315	409	302	570	631	276	421	229
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	93	84	-223	-328	180	85	-7	425	-345	36	-241	240	-143	-328	-172
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	-33	-72	-181	120	93	-12	228	18	-133	14	183	152	21	64	26
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	102
+ Other Non-Cash Adj	126	156	-42	-448	87	96	-234	407	-212	22	-424	88	-164	-392	-300
+ Chg in Non-Cash Work Cap	346	330	466	398	297	333	465	208	632	398	269	-375	450	535	618
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	58	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	289	330	466	398	297	333	465	208	632	398	269	-375	450	535	618
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	775	635	720	122	748	776	633	318	697	736	598	495	583	628	676
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-68	-177	-103	-372	-359	-202	-160	-104	-245	-249	-386	-177	-153	-289	-320
+ Increase in Capital Stock	2	3	15	5	6	8	8	4	9	19	22	14	13	11	12
+ Decrease in Capital Stock	-70	-180	-118	-376	-365	-210	-168	-108	-254	-268	-408	-190	-166	-300	-331
+ Net Change in LT Investment	-1,558	-186	-529	-18	-748	-908	-356	-501	-454	-569	-1,451	-1,720	-836	-1,475	-1,664
+ Dec in LT Investment	6,598	4,085	4,838	3,713	4,031	5,336	5,785	5,705	5,137	3,712	4,704	4,804	2,786	5,415	6,795
+ Inc in LT Investment	-8,156	-4,271	-5,367	-3,732	-4,780	-6,244	-6,141	-6,206	-5,590	-4,281	-6,155	-6,524	-3,621	-6,890	-8,460
+ Net Cash From Acq & Div	- -	- -	- -	231	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	231	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	220	-11	-73	-156	-321	-22	86	-25	-102	-40	-75	-61	-37	-14	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1,338	-197	-602	56	-1,070	-930	-270	-526	-556	-608	-1,526	-1,781	-872	-1,489	-1,667
+ Dividends Paid	- -	-14	-24	-51	-52	-55	-60	-65	-67	-67	-66	-65	-68	-68	-66
+ Net Cash From Debt	466	355	367	210	554	78	-268	- -	-204	142	68	-121	259	356	-485
+ Cash From Debt	978	1,566	876	729	1,909	926	1,414	428	1,031	644	796	285	996	1,579	777
+ Repayments of Debt	-512	-1,211	-510	-519	-1,355	-848	-1,681	-428	-1,235	-502	-728	-406	-737	-1,224	-1,262
+ Other Financing Activities	29	-455	-240	-52	-1	205	213	276	373	384	1,052	1,561	496	1,971	848
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	427	-291	-1	-266	142	26	-274	107	-143	210	668	1,199	534	1,970	-23
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-136	146	116	-87	-179	-128	89	-101	-2	337	-260	-87	244	1,109	-1,014
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow	775	635	720	122	748	776	633	318	697	736	598	495	583	628	676
Net Cash Paid for Acquisitions	- -	- -	- -	-231	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	149	818	- -	679	- -	- -	831	673	601	768	826	856
Free Cash Flow to Equity	1,240	990	1,087	331	1,302	853	366	318	493	877	666	375	842	983	191
Free Cash Flow per Basic Share	3.12	2.72	3.25	0.57	3.87	4.39	3.72	1.92	4.46	5.18	4.66	4.28	5.15	5.91	6.91
Price/Free Cash Flow	2.48	4.14	5.71	30.77	4.98	4.4	6.71	7.75	4.09	4.33	5.22	5.43	5.51	6.41	6.27
Cash Flow to Net Income	2.31	2.87	1.51	2.37	2.76	2.17	3.61	-1.01	1.7	2.44	1.05	0.79	2.11	1.49	2.95
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -