Consolidated Edison, Inc.

EDConsolidated Edison, Inc. US flag

New York Stock Exchange

109.81

USD

-1.24

- -

40.47BMarket Cap

Income Statement (USD)

API ChatGPT

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	12,886	12,188	12,354	12,919	12,554	12,075	12,033	12,337	12,574	12,246	13,676	15,670	14,663	15,256	16,918
+ Sales & Services Revenue	12,886	12,188	12,354	12,919	12,554	12,075	12,033	12,337	12,574	12,246	13,676	15,670	14,663	15,256	16,918
- Cost of Revenue	7,970	7,069	7,191	7,807	7,060	6,152	5,764	6,100	5,808	5,097	6,008	7,985	7,258	7,089	7,909
+ Cost of Goods & Services	7,970	7,069	7,191	7,807	7,060	6,152	5,764	6,100	5,808	5,097	6,008	7,985	7,258	7,089	7,909
Gross Profit	4,916	5,119	5,163	5,112	5,494	5,923	6,269	6,237	6,766	7,149	7,668	7,685	7,405	8,167	9,009
+ Other Operating Income	- -	- -	- -	- -	- -	-10	-11	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	2,666	2,780	2,919	2,948	3,067	3,247	3,496	3,704	4,090	4,495	4,842	5,061	5,074	5,435	6,009
+ Selling, General & Admin	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	2,666	2,780	2,919	2,948	3,067	3,247	3,496	3,704	4,090	4,495	4,842	5,061	5,074	5,435	6,009
Operating Income (Loss)	2,250	2,339	2,244	2,164	2,427	2,686	2,784	2,533	2,676	2,654	2,826	2,624	2,331	2,732	3,000
- Non-Operating (Income) Loss	588	598	706	504	629	743	787	750	940	1,420	1,443	526	-672	594	403
+ Interest Expense, Net	594	604	719	591	653	696	729	819	991	1,019	905	852	1,023	1,187	1,233
+ Interest Expense	594	604	719	591	653	696	729	819	991	1,019	919	951	1,023	1,187	1,233
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14	99	- -	- -	- -
+ Other Non-Op (Income) Loss	-6	-6	-13	-87	-24	47	58	-69	-51	401	538	-326	-1,695	-593	-830
Pretax Income	1,662	1,741	1,538	1,660	1,798	1,943	1,997	1,783	1,736	1,234	1,383	2,098	3,003	2,138	2,597
- Income Tax Expense (Benefit)	600	600	476	568	605	698	472	401	296	90	190	498	487	318	574
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1,062	1,141	1,062	1,092	1,193	1,245	1,525	1,382	1,440	1,144	1,193	1,600	2,516	1,820	2,023
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	194	86	-306	-120	-6	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	194	86	-306	-120	-6	- -	- -
Income (Loss) Incl. MI	1,062	1,141	1,062	1,092	1,193	1,245	1,525	1,382	1,246	1,058	1,499	1,720	2,522	1,820	2,023
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	-97	-43	153	60	3	- -	- -
Net Income, GAAP	1,062	1,141	1,062	1,092	1,193	1,245	1,525	1,382	1,343	1,101	1,346	1,660	2,519	1,820	2,023
- Preferred Dividends	11	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1,051	1,138	1,062	1,092	1,193	1,245	1,525	1,382	1,343	1,101	1,346	1,660	2,519	1,820	2,023
EBIT	2,250	2,339	2,244	2,164	2,427	2,686	2,784	2,533	2,676	2,654	2,826	2,624	2,331	2,732	3,000
EBITDA	3,134	3,294	3,268	3,235	3,557	3,902	4,125	3,971	4,360	4,574	4,858	4,680	4,362	4,887	5,321
EBITDA Margin (%)	24.32	27.03	26.45	25.04	28.33	32.31	34.28	32.19	34.67	37.35	35.52	29.87	29.75	32.03	31.45
EBITA	2,250	2,339	2,244	2,164	2,427	2,686	2,784	2,533	2,676	2,654	2,826	2,624	2,331	2,732	3,000
Gross Margin (%)	38.15	42	41.79	39.57	43.76	49.05	52.1	50.56	53.81	58.38	56.07	49.04	50.5	53.53	53.25
Operating Margin (%)	17.46	19.19	18.16	16.75	19.33	22.24	23.14	20.53	21.28	21.67	20.66	16.75	15.9	17.91	17.73
Profit Margin (%)	8.24	9.36	8.6	8.45	9.5	10.31	12.67	11.2	10.68	8.99	9.84	10.59	17.18	11.93	11.96
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	2.41	2.43	2.46	2.52	2.5	2.54	2.61	2.7	2.81	2.91	2.96	3.07	3.15	3.18	3.26
Depreciation Expense	884	955	1,024	1,071	1,130	1,216	1,341	1,438	1,684	1,920	2,032	2,056	2,031	2,155	2,321
Basic Weighted Avg Shares	293	293	293	293	293	300	307	312	328	335	348	354	348	346	357
Basic EPS, GAAP	3.59	3.89	3.63	3.73	4.07	4.14	4.97	4.43	4.09	3.29	3.86	4.68	7.24	5.26	5.66
Basic EPS from Cont Ops	3.63	3.9	3.63	3.73	4.07	4.14	4.97	4.43	4.38	3.42	3.42	4.51	7.24	5.26	5.66
Diluted Weighted Avg Shares	294	294	294	294	294	302	309	313	330	336	349	356	349	347	359
Diluted EPS, GAAP	3.57	3.86	3.61	3.71	4.05	4.12	4.94	4.42	4.08	3.28	3.85	4.67	7.21	5.24	5.64
Diluted EPS from Cont Ops	3.61	3.87	3.61	3.71	4.05	4.12	4.94	4.42	4.37	3.41	3.41	4.5	7.2	5.24	5.64

Balance Sheet (USD)

API ChatGPT

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	3,638	3,451	3,891	3,716	3,836	3,406	3,537	3,864	4,272	5,301	5,551	12,972	6,537	6,664	6,750
+ Cash, Cash Equivalents & STI	648	464	1,001	707	947	776	797	895	981	1,272	992	1,282	1,189	1,324	1,629
+ Cash & Cash Equivalents	648	394	674	699	944	776	797	895	981	1,272	992	1,282	1,189	1,324	1,629
+ ST Investments	- -	70	327	8	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	1,900	1,966	2,005	2,058	1,882	1,827	1,937	2,115	2,115	2,741	3,106	3,232	3,788	3,927	3,860
+ Accounts Receivable, Net	1,123	1,222	1,251	1,201	1,052	1,106	1,103	1,267	1,236	1,701	1,943	2,192	2,418	2,440	2,583
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	777	744	754	857	830	721	834	848	879	1,040	1,163	1,040	1,370	1,487	1,277
+ Inventories	356	330	363	372	350	339	334	358	352	356	437	492	469	485	530
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	356	330	363	372	350	339	334	358	352	356	437	492	469	485	530
+ Other ST Assets	734	691	522	579	657	464	469	496	824	932	1,016	7,966	1,091	928	731
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	35,576	37,758	36,756	40,355	41,806	44,849	44,574	50,056	53,807	57,594	57,565	56,093	59,794	63,898	67,853
+ Property, Plant & Equip, Net	25,093	26,939	28,436	29,827	32,209	35,216	37,600	41,749	44,746	47,392	49,405	47,334	50,141	52,658	55,892
+ Property, Plant & Equip	31,203	33,580	35,598	37,532	40,348	43,897	46,864	51,793	55,459	59,102	62,208	60,426	64,322	68,067	72,380
- Accumulated Depreciation	6,110	6,641	7,162	7,705	8,139	8,681	9,264	10,044	10,713	11,710	12,803	13,092	14,181	15,409	16,488
+ LT Investments & Receivables	455	467	461	816	884	1,921	2,001	1,766	2,065	1,816	853	841	999	1,126	1,213
+ LT Investments	455	467	461	816	884	1,921	2,001	1,766	2,065	1,816	853	841	999	1,126	1,213
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	10,028	10,352	7,859	9,712	8,713	7,712	4,973	6,541	6,996	8,386	7,307	7,918	8,654	10,114	10,748
+ Total Intangible Assets	432	431	433	432	431	552	559	2,094	2,003	1,906	1,732	408	408	408	406
+ Goodwill	429	429	429	429	429	428	428	440	446	446	439	408	408	408	406
+ Other Intangible Assets	3	2	4	3	2	124	131	1,654	1,557	1,460	1,293	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	9,596	9,921	7,426	9,280	8,282	7,160	4,414	4,447	4,993	6,480	5,575	7,510	8,246	9,706	10,342
Total Assets	39,214	41,209	40,647	44,071	45,642	48,255	48,111	53,920	58,079	62,895	63,116	69,065	66,331	70,562	74,603
+ Payables & Accruals	1,394	1,624	1,834	1,334	1,303	1,462	1,642	1,486	1,495	1,882	1,865	2,326	2,143	2,072	2,414
+ Accounts Payable	955	1,215	1,017	1,035	1,008	1,147	1,286	1,187	1,164	1,475	1,497	1,955	1,775	1,676	1,947
+ Accrued Taxes	188	162	476	72	62	64	108	61	76	150	104	102	73	70	104
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	251	247	341	227	233	251	248	238	255	257	264	269	295	326	363
+ ST Debt	530	1,245	1,936	1,360	2,268	1,093	1,875	3,216	3,203	3,933	2,041	3,792	2,654	2,788	2,448
+ ST Borrowings	530	1,245	1,936	1,360	2,268	1,093	1,875	3,216	3,138	3,837	1,928	3,689	2,538	2,670	2,325
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	65	96	113	103	116	118	123
+ Other ST Liabilities	1,063	1,076	960	1,063	1,149	1,288	1,385	1,505	1,589	1,539	1,521	5,218	1,665	1,573	1,752
+ Deferred Revenue	303	304	321	344	354	352	346	351	346	311	300	358	396	412	498
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	760	772	639	719	795	936	1,039	1,154	1,243	1,228	1,221	4,860	1,269	1,161	1,254
Total Current Liabilities	2,987	3,945	4,730	3,757	4,720	3,843	4,902	6,207	6,287	7,354	5,427	11,336	6,462	6,433	6,614
+ LT Debt	10,145	10,064	10,489	11,546	12,006	14,735	14,731	17,495	19,336	21,146	23,321	20,623	22,356	25,037	25,928
+ LT Borrowings	10,143	10,062	10,489	11,546	12,006	14,735	14,731	17,495	18,527	20,382	22,604	20,147	21,927	24,651	25,551
+ LT Finance Leases	2	2	1	- -	- -	- -	- -	- -	809	764	717	476	429	386	377
+ Other LT Liabilities	14,433	15,331	13,183	16,183	15,855	15,371	13,053	13,379	14,243	15,330	14,032	16,217	16,355	17,130	17,871
+ Accrued Liabilities	7,627	8,567	8,636	9,129	9,736	10,420	5,791	6,119	6,506	6,709	7,130	7,922	8,486	9,368	10,167
+ Pension Liabilities	4,835	4,678	1,727	3,914	2,911	1,847	1,443	1,228	1,516	2,257	737	577	592	551	564
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1,971	2,086	2,820	3,140	3,208	3,104	5,819	6,032	6,221	6,364	6,165	7,718	7,277	7,211	7,140
Total Noncurrent Liabilities	24,578	25,395	23,672	27,729	27,861	30,106	27,784	30,874	33,579	36,476	37,353	36,840	38,711	42,167	43,799
Total Liabilities	27,565	29,340	28,402	31,486	32,581	33,949	32,686	37,081	39,866	43,830	42,780	48,176	45,173	48,600	50,413
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	5,023	5,023	5,027	5,023	5,062	5,887	6,332	7,151	8,089	8,844	9,747	9,840	9,898	10,023	11,475
+ Common Stock	32	32	32	32	32	33	34	34	35	36	37	37	37	37	39
+ Additional Paid in Capital	4,991	4,991	4,995	4,991	5,030	5,854	6,298	7,117	8,054	8,808	9,710	9,803	9,861	9,986	11,436
- Treasury Stock	1,033	1,037	1,034	1,032	1,038	1,038	1,038	1,038	1,038	1,038	1,038	1,038	2,017	2,017	2,017
+ Retained Earnings	7,568	7,997	8,338	8,691	9,123	9,559	10,235	10,728	11,100	11,178	11,445	11,985	13,377	14,048	14,857
+ Other Equity	-58	-53	-25	-45	-34	-27	-26	-16	-19	-25	5	22	22	29	15
Equity Before Minority Interest	11,436	11,869	12,245	12,576	13,052	14,298	15,418	16,726	18,022	18,847	20,037	20,687	21,158	21,962	24,190
+ Minority/Non Controlling Interest	213	- -	- -	9	9	8	7	113	191	218	299	202	- -	- -	- -
Total Equity	11,649	11,869	12,245	12,585	13,061	14,306	15,425	16,839	18,213	19,065	20,336	20,889	21,158	21,962	24,190
Total Liabilities & Equity	39,214	41,209	40,647	44,071	45,642	48,255	48,111	53,920	58,079	62,895	63,116	69,065	66,331	70,562	74,603
Shares Outstanding	293	293	293	293	293	305	310	321	333	342	354	355	345	347	361
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	2	2	1	- -	- -	- -	- -	- -	874	860	830	579	545	504	500
Net Debt	10,025	10,913	11,751	12,207	13,330	15,052	15,809	19,816	20,684	22,947	23,540	22,554	23,276	25,997	26,247
Net Debt to Equity	86.06	91.95	95.97	97	102.06	105.21	102.49	117.68	113.57	120.36	115.76	107.97	110.01	118.37	108.5
Tangible Common Equity Ratio	28.92	28.05	29.37	27.85	27.94	28.83	31.26	28.45	28.91	28.13	30.31	29.83	31.48	30.72	32.06
Current Ratio	1.22	0.87	0.82	0.99	0.81	0.89	0.72	0.62	0.68	0.72	1.02	1.14	1.01	1.04	1.02
Cash Conversion Cycle	0.46	-3.41	-2.27	3.91	-1.56	-10.99	-22.29	-17.93	-15.31	-25.3	-16.36	-8.97	-12.55	-5.97	-5.52

Cash Flow Statement (USD)

API ChatGPT

	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	1,062	1,141	1,062	1,092	1,193	1,245	1,525	1,382	1,440	1,144	1,193	1,600	2,516	1,820	2,023
+ Depreciation & Amortization	884	955	1,024	1,071	1,130	1,216	1,341	1,438	1,684	1,920	2,032	2,056	2,031	2,155	2,321
+ Non-Cash Items	39	-257	-912	129	-27	202	-136	-102	-147	-8	170	388	-736	560	780
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	491	584	40	518	653	783	485	408	308	85	133	435	132	416	590
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	320	443	- -	- -	- -	- -
+ Other Non-Cash Adj	-452	-841	-952	-389	-680	-581	-621	-510	-455	-413	-406	-47	-868	144	190
+ Chg in Non-Cash Work Cap	1,152	760	1,378	539	981	796	637	-23	157	-858	-662	-109	-1,655	-921	-324
+ (Inc) Dec in Accts Receiv	105	-59	5	136	127	87	24	-175	30	-744	-674	-399	-180	-261	86
+ (Inc) Dec in Inventories	-8	26	-33	-10	22	13	5	-20	6	-4	-82	-111	38	-16	- -
+ (Inc) Dec in Prepaid Assets	196	-14	23	-27	-14	20	-19	-7	-73	-11	-24	26	-200	25	64
+ Inc (Dec) in Accts Payable	-92	78	292	-526	-85	45	132	-130	44	240	2	607	-305	22	218
+ Inc (Dec) in Other	951	729	1,091	966	931	631	495	309	150	-339	116	-232	-1,008	-691	-692
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	3,137	2,599	2,552	2,831	3,277	3,459	3,367	2,695	3,134	2,198	2,733	3,935	2,156	3,614	4,800
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1,967	-2,069	-2,538	-2,419	-3,054	-3,680	-3,443	-3,497	-3,486	-3,909	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-1,967	-2,069	-2,538	-2,419	-3,054	-3,680	-3,443	-3,497	-3,486	-3,909	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	31	- -	- -	- -	- -	702	343	705	825	640	775	- -	-1,000	- -	1,308
+ Increase in Capital Stock	118	- -	- -	- -	- -	702	343	705	825	640	775	- -	- -	- -	1,308
+ Decrease in Capital Stock	-87	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1,000	- -	- -
+ Net Change in LT Investment	-16	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	-20	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-20	-309	-175	-185	-299	-1,469	-90	-1,755	-215	-27	782	-64	3,927	- -	45
+ Cash from Divestitures	- -	- -	- -	108	- -	- -	- -	- -	- -	- -	812	- -	3,927	- -	45
+ Cash for Acq of Subs	-20	-309	-175	-293	-299	-1,469	-90	-1,755	-215	-27	-30	-64	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-147	-145	54	-155	-304	199	-177	-219	-81	-288	-4,266	-4,501	-4,930	-5,273	-5,294
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-2,150	-2,523	-2,659	-2,759	-3,657	-4,950	-3,710	-5,471	-3,782	-4,224	-3,484	-4,565	-1,003	-5,273	-5,249
+ Dividends Paid	-704	-712	-721	-739	-733	-763	-803	-842	-924	-975	-1,030	-1,089	-1,096	-1,100	-1,166
+ Net Cash From Debt	-4	634	1,122	719	1,376	1,380	786	3,081	1,822	2,407	844	944	588	2,880	555
+ Cash From Debt	- -	939	1,831	1,850	1,876	2,590	1,697	5,019	3,017	2,925	2,804	1,350	2,250	3,475	1,650
+ Repayments of Debt	-4	-305	-709	-1,131	-500	-1,210	-911	-1,938	-1,195	-518	-1,960	-406	-1,662	-595	-1,095
+ Other Financing Activities	- -	-252	-14	-27	-14	26	31	-6	-864	173	-128	1,159	20	17	49
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-677	-330	387	-47	629	1,345	357	2,938	859	2,245	461	1,014	-1,488	1,797	746
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	310	-254	280	25	249	-146	14	162	211	219	-290	384	-335	138	297
EBITDA	3,134	3,294	3,268	3,235	3,557	3,902	4,125	3,971	4,360	4,574	4,858	4,680	4,362	4,887	5,321
EBITDA Margin (%)	24.32	27.03	26.45	25.04	28.33	32.31	34.28	32.19	34.67	37.35	35.52	29.87	29.75	32.03	31.45
Free Cash Flow	1,170	530	14	412	223	-221	-76	-802	-352	-1,711	2,733	3,935	2,156	3,614	4,800
Net Cash Paid for Acquisitions	20	309	175	185	299	1,469	90	1,755	215	27	-782	64	-3,927	- -	-45
Free Cash Flow to Firm	1,550	926	510	801	656	225	481	-167	470	-766	3,526	4,660	3,013	4,624	5,760
Free Cash Flow to Equity	1,155	1,161	1,136	1,131	1,599	1,159	710	2,279	1,470	696	3,577	4,879	2,744	6,494	5,355
Free Cash Flow per Basic Share	4	1.81	0.05	1.41	0.76	-0.74	-0.25	-2.57	-1.07	-5.11	7.84	11.1	6.2	10.45	13.43
Price/Free Cash Flow	3.58	3.5	3.2	3.7	2.99	3.12	3.85	3.86	4.5	3.97	10.91	8.62	14.74	8.57	7.42
Cash Flow to Net Income	2.95	2.28	2.4	2.59	2.75	2.78	2.21	1.95	2.33	2	2.03	2.37	0.86	1.99	2.37
Capital Expenditures	-1,967	-2,069	-2,538	-2,419	-3,054	-3,680	-3,443	-3,497	-3,486	-3,909	- -	- -	- -	- -	- -