Emerson Electric Co.

EMR

EMREmerson Electric Co. US flag

New York Stock Exchange

148.82

USD

+2.30

- -

83.35BMarket Cap

Income Statement (USD)

MCP 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
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Sales/Revenue/Turnover	24,222	24,412	24,669	17,733	16,249	14,522	15,264	17,408	18,372	16,785	12,932	13,804	15,165	17,492	18,016
+ Sales & Services Revenue	24,222	24,412	24,669	17,733	16,249	14,522	15,264	17,408	18,372	16,785	12,932	13,804	15,165	17,492	18,016
- Cost of Revenue	14,665	14,644	14,717	9,971	9,241	8,260	8,833	9,976	10,557	9,776	7,202	7,498	7,738	8,607	8,497
+ Cost of Goods & Services	14,665	14,644	14,717	9,971	9,241	8,260	8,833	9,976	10,557	9,776	7,202	7,498	7,738	8,607	8,497
Gross Profit	9,557	9,768	9,952	7,762	7,008	6,262	6,431	7,432	7,815	7,009	5,730	6,306	7,427	8,885	9,519
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	5,670	5,796	5,946	4,259	3,829	3,548	3,743	4,480	4,695	4,225	3,771	3,950	4,668	6,219	5,987
+ Selling, General & Admin	5,328	5,436	5,648	4,164	3,735	3,464	3,607	4,269	4,457	3,986	3,494	3,614	4,186	5,142	5,103
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	342	360	298	95	94	84	136	211	238	239	277	336	482	1,077	884
Operating Income (Loss)	3,887	3,972	4,006	3,503	3,179	2,714	2,688	2,952	3,120	2,784	1,959	2,356	2,759	2,666	3,532
- Non-Operating (Income) Loss	256	857	810	312	-628	398	353	285	261	449	197	-76	-144	646	598
+ Interest Expense, Net	223	224	218	196	175	188	165	159	174	156	155	194	-7	89	237
+ Interest Expense	246	241	234	214	198	215	201	202	201	175	165	228	261	323	387
- Interest Income	23	17	16	18	23	27	36	43	27	19	10	34	268	234	150
+ Other Non-Op (Income) Loss	33	633	592	116	-803	210	188	126	87	293	42	-270	-137	557	361
Pretax Income	3,631	3,115	3,196	3,191	3,807	2,316	2,335	2,667	2,859	2,335	1,762	2,432	2,903	2,020	2,934
- Income Tax Expense (Benefit)	1,127	1,091	1,130	953	1,267	697	660	443	531	345	346	549	642	415	696
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	2,504	2,024	2,066	2,238	2,540	1,619	1,675	2,224	2,328	1,990	1,416	1,883	2,261	1,605	2,238
- Net Extraordinary Losses (Gains)	74	112	124	128	-147	13	189	42	44	50	-863	-1,349	-10,977	-376	-102
+ Discontinued Operations	26	- -	- -	-54	193	45	-125	- -	- -	- -	911	1,347	10,939	350	8
+ Extraord. & Accounting Changes	48	112	124	182	-340	-32	314	42	44	50	-1,774	-2,696	-21,916	-726	-110
Income (Loss) Incl. MI	2,430	1,912	1,942	2,110	2,687	1,606	1,486	2,182	2,284	1,940	2,279	3,232	13,238	1,981	2,340
- Minority Interest	-50	-56	-62	-37	-23	-29	-32	-21	-22	-25	-24	1	19	13	47
Net Income, GAAP	2,480	1,968	2,004	2,147	2,710	1,635	1,518	2,203	2,306	1,965	2,303	3,231	13,219	1,968	2,293
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2,480	1,968	2,004	2,147	2,710	1,635	1,518	2,203	2,306	1,965	2,303	3,231	13,219	1,968	2,293
EBIT	3,887	3,972	4,006	3,503	3,179	2,714	2,688	2,952	3,120	2,784	1,959	2,356	2,759	2,666	3,532
EBITDA	4,754	4,795	4,825	4,072	3,752	3,282	3,324	3,710	3,942	3,638	2,721	3,198	3,810	4,355	5,050
EBITDA Margin (%)	19.63	19.64	19.56	22.96	23.09	22.6	21.78	21.31	21.46	21.67	21.04	23.17	25.12	24.9	28.03
EBITA	3,887	3,972	4,006	3,503	3,179	2,714	2,688	2,952	3,120	2,784	1,959	2,356	2,759	2,666	3,532
Gross Margin (%)	39.46	40.01	40.34	43.77	43.13	43.12	42.13	42.69	42.54	41.76	44.31	45.68	48.97	50.79	52.84
Operating Margin (%)	16.05	16.27	16.24	19.75	19.56	18.69	17.61	16.96	16.98	16.59	15.15	17.07	18.19	15.24	19.6
Profit Margin (%)	10.24	8.06	8.12	12.11	16.68	11.26	9.94	12.66	12.55	11.71	17.81	23.41	87.17	11.25	12.73
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	1.41	1.62	1.67	1.74	1.94	1.91	1.93	1.95	1.98	2.02	2.03	2.07	2.09	2.11	2.12
Depreciation Expense	867	823	819	569	573	568	636	758	822	854	762	842	1,051	1,689	1,518
Basic Weighted Avg Shares	739	724	707	697	655	643	642	629	611	598	596	591	572	570	563
Basic EPS, GAAP	3.36	2.72	2.84	3.08	4.14	2.54	2.37	3.5	3.77	3.29	3.87	5.46	23.11	3.45	4.07
Basic EPS from Cont Ops	3.39	2.8	2.92	3.21	3.88	2.52	2.61	3.53	3.81	3.33	2.38	3.18	3.95	2.81	3.98
Diluted Weighted Avg Shares	754	735	723	704	676	647	643	635	621	607	602	596	577	574	567
Diluted EPS, GAAP	3.29	2.68	2.77	3.05	4.01	2.53	2.36	3.47	3.72	3.24	3.83	5.42	22.9	3.43	4.05
Diluted EPS from Cont Ops	3.32	2.76	2.86	3.18	3.75	2.5	2.6	3.5	3.75	3.28	2.35	3.16	3.92	2.8	3.95

Balance Sheet (USD)

MCP 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
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Total Current Assets	9,345	10,126	10,999	10,867	10,049	9,960	8,252	6,619	7,139	8,806	8,432	8,506	13,819	10,192	8,583
+ Cash, Cash Equivalents & STI	2,052	2,367	3,275	3,149	3,054	3,182	3,062	1,093	1,494	3,315	2,354	1,804	8,051	3,588	1,544
+ Cash & Cash Equivalents	2,052	2,367	3,275	3,149	3,054	3,182	3,062	1,093	1,494	3,315	2,354	1,804	8,051	3,588	1,544
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	4,502	4,983	4,808	5,019	2,870	2,701	3,072	3,023	2,985	2,802	2,971	2,261	2,518	2,927	3,101
+ Accounts Receivable, Net	4,611	4,983	4,808	5,019	2,870	2,701	3,072	3,023	2,985	2,802	2,971	2,261	2,518	2,927	3,101
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	-109	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	2,100	2,125	1,895	2,057	1,265	1,208	1,696	1,813	1,880	1,928	2,050	1,742	2,006	2,180	2,213
+ Raw Materials	1,358	1,378	1,217	1,316	847	826	1,136	1,221	1,302	1,344	1,434	1,325	1,560	1,668	1,693
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	742	747	678	741	418	382	560	592	578	584	616	417	446	512	520
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	691	651	1,021	642	2,860	2,869	422	690	780	761	1,057	2,699	1,244	1,497	1,725
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	14,516	13,692	13,712	13,310	12,039	11,772	11,337	13,771	13,358	14,076	16,283	27,166	28,927	34,054	33,381
+ Property, Plant & Equip, Net	3,437	3,509	3,605	3,802	2,929	2,931	3,321	3,562	3,642	3,688	3,738	2,239	2,363	3,499	3,508
+ Property, Plant & Equip	8,731	8,934	9,092	9,411	7,105	7,327	7,873	8,370	8,671	9,055	9,427	5,390	5,524	6,877	7,045
- Accumulated Depreciation	5,294	5,425	5,487	5,609	4,176	4,396	4,552	4,808	5,029	5,367	5,689	3,151	3,161	3,378	3,537
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,255	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,255	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	11,079	10,183	10,107	9,508	9,110	8,841	8,016	10,209	9,716	10,388	12,545	24,927	23,309	30,555	29,873
+ Total Intangible Assets	10,740	9,864	9,181	8,871	4,785	4,811	7,206	9,206	9,151	9,202	10,600	20,518	20,743	28,503	27,651
+ Goodwill	8,771	8,026	7,509	7,182	3,847	3,909	5,316	6,455	6,536	6,734	7,723	13,946	14,480	18,067	18,193
+ Other Intangible Assets	1,969	1,838	1,672	1,689	938	902	1,890	2,751	2,615	2,468	2,877	6,572	6,263	10,436	9,458
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	339	319	926	637	4,325	4,030	810	1,003	565	1,186	1,945	4,409	2,566	2,052	2,222
Total Assets	23,861	23,818	24,711	24,177	22,088	21,732	19,589	20,390	20,497	22,882	24,715	35,672	42,746	44,246	41,964
+ Payables & Accruals	5,588	5,627	6,038	5,989	3,682	3,823	4,183	4,541	4,532	4,625	5,374	4,314	4,485	3,221	3,001
+ Accounts Payable	2,677	2,767	2,725	2,951	1,537	1,517	1,776	1,943	1,874	1,715	2,108	1,276	1,275	1,335	1,384
+ Accrued Taxes	139	128	129	162	87	180	65	64	- -	- -	- -	- -	- -	587	130
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	2,772	2,732	3,184	2,876	2,058	2,126	2,342	2,534	2,658	2,910	3,266	3,038	3,210	1,299	1,487
+ ST Debt	877	1,506	1,587	2,465	2,552	2,584	862	1,623	1,444	1,160	872	2,115	547	690	4,935
+ ST Borrowings	877	1,506	1,587	2,465	2,552	2,584	862	1,623	1,444	1,160	872	2,115	547	532	4,797
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	158	138
+ Other ST Liabilities	- -	- -	- -	- -	1,566	1,601	- -	- -	- -	- -	- -	1,348	- -	1,831	1,861
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,043	1,031
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	1,566	1,601	- -	- -	- -	- -	- -	1,348	- -	788	830
Total Current Liabilities	6,465	7,133	7,625	8,454	7,800	8,008	5,045	6,164	5,976	5,785	6,246	7,777	5,032	5,742	9,797
+ LT Debt	4,324	3,787	4,055	3,559	4,289	4,051	3,794	3,137	4,277	6,699	6,206	8,571	8,014	7,666	8,824
+ LT Borrowings	4,324	3,787	4,055	3,559	4,289	4,051	3,794	3,137	4,277	6,326	5,793	8,259	7,610	7,155	8,319
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	373	413	312	404	511	505
+ Other LT Liabilities	2,521	2,456	2,313	1,997	1,871	2,055	1,980	2,099	1,971	1,951	2,340	3,008	3,102	3,329	3,045
+ Accrued Liabilities	361	592	823	572	270	210	425	484	327	261	711	1,714	1,969	2,138	1,822
+ Pension Liabilities	1,496	1,142	802	797	742	1,037	664	625	775	769	676	427	435	466	467
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	664	722	688	628	859	808	891	990	869	921	953	867	698	725	756
Total Noncurrent Liabilities	6,845	6,243	6,368	5,556	6,160	6,106	5,774	5,236	6,248	8,650	8,546	11,579	11,116	10,995	11,869
Total Liabilities	13,310	13,376	13,993	14,010	13,960	14,114	10,819	11,400	12,224	14,435	14,792	19,356	16,148	16,737	21,666
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	794	801	829	638	647	682	774	825	870	947	999	534	539	646	562
+ Common Stock	477	477	477	477	477	477	477	477	477	477	477	477	477	477	477
+ Additional Paid in Capital	317	324	352	161	170	205	297	348	393	470	522	57	62	169	85
- Treasury Stock	7,143	7,882	8,985	9,811	12,257	12,831	13,032	13,935	15,114	15,920	16,291	16,738	18,667	18,972	20,062
+ Retained Earnings	17,310	18,107	18,930	19,867	21,308	21,716	21,995	23,072	24,199	24,955	26,047	28,053	40,070	40,830	40,603
+ Other Equity	-562	-731	-189	-575	-1,617	-1,999	-1,019	-1,015	-1,722	-1,577	-872	-1,485	-1,253	-868	-821
Equity Before Minority Interest	10,399	10,295	10,585	10,119	8,081	7,568	8,718	8,947	8,233	8,405	9,883	10,364	20,689	21,636	20,282
+ Minority/Non Controlling Interest	152	147	133	48	47	50	52	43	40	42	40	5,952	5,909	5,873	16
Total Equity	10,551	10,442	10,718	10,167	8,128	7,618	8,770	8,990	8,273	8,447	9,923	16,316	26,598	27,509	20,298
Total Liabilities & Equity	23,861	23,818	24,711	24,177	22,088	21,732	19,589	20,390	20,497	22,882	24,715	35,672	42,746	44,246	41,964
Shares Outstanding	739	724	707	697	655	643	642	629	611	598	596	591	572	570	563
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	373	413	312	404	669	643
Net Debt	3,149	2,926	2,367	2,875	3,787	3,453	1,594	3,667	4,227	4,171	4,311	8,570	106	4,099	11,572
Net Debt to Equity	29.85	28.02	22.08	28.28	46.59	45.33	18.18	40.79	51.09	49.38	43.44	52.53	0.4	14.9	57.01
Tangible Common Equity Ratio	-1.44	4.14	9.9	8.47	19.32	16.59	12.63	-1.93	-7.74	-5.52	-4.8	-27.73	26.61	-6.31	-51.37
Current Ratio	1.45	1.42	1.44	1.29	1.29	1.24	1.64	1.07	1.19	1.52	1.35	1.09	2.75	1.77	0.88
Cash Conversion Cycle	54.55	56.65	53.1	71.24	57.27	56.71	64.55	60.85	57.95	67.34	87.01	75.57	87.73	91.32	97.24

Cash Flow Statement (USD)

MCP 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
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

+ Net Income	2,530	2,024	2,066	2,238	2,540	1,619	1,675	2,224	2,328	1,990	1,416	1,883	2,261	1,605	2,238
+ Depreciation & Amortization	867	823	819	569	573	568	636	758	822	854	762	842	1,051	1,689	1,518
+ Non-Cash Items	137	546	722	33	-892	219	219	-7	6	91	113	-365	-454	174	-71
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	110	216	120	110	197	125	250	260	263
+ Deferred Income Taxes	- -	- -	- -	- -	-424	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	19	528	496	508	- -	- -	- -	- -	- -	- -	- -	- -	- -	231	- -
+ Other Non-Cash Adj	118	18	226	-475	-468	219	109	-223	-114	-19	-84	-490	-704	-317	-334
+ Chg in Non-Cash Work Cap	-301	-340	42	159	-181	93	160	-83	-150	148	167	-312	-148	-151	-9
+ (Inc) Dec in Accts Receiv	-475	-536	-84	-163	241	162	-25	-175	51	207	-18	-143	-191	-99	-171
+ (Inc) Dec in Inventories	12	-49	83	-103	-11	58	32	17	-87	-6	-11	-334	-160	122	-1
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	121	226	75	364	-271	-123	165	117	-27	-86	287	221	204	-25	315
+ Inc (Dec) in Other	41	19	-32	61	-140	-4	-12	-42	-87	33	-91	-56	-1	-149	-152
+ Net Cash From Disc Ops	- -	- -	- -	693	489	382	-778	- -	- -	- -	1,117	874	-2,073	15	-578
Cash from Operating Activities	3,233	3,053	3,649	3,692	2,529	2,881	1,912	2,892	3,006	3,083	3,575	2,922	637	3,332	3,098
+ 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	-935	-797	-1,110	-1,048	-2,501	-601	-400	-1,000	-1,250	-942	-500	-500	-2,214	-643	-1,167
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-935	-797	-1,110	-1,048	-2,501	-601	-400	-1,000	-1,250	-942	-500	-500	-2,214	-643	-1,167
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	438	176	79	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	438	176	79	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-129	-62	-16	-247	1,488	-132	-2,951	-2,002	-455	-126	-1,562	-5,685	-529	-8,263	-37
+ Cash from Divestitures	103	125	3	363	1,812	- -	39	201	14	- -	30	17	176	79	- -
+ Cash for Acq of Subs	-232	-187	-19	-610	-324	-132	-2,990	-2,203	-469	-126	-1,592	-5,702	-705	-8,342	-37
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-719	-744	-773	-912	-897	-494	4,465	-718	-719	-614	-558	-87	12,768	2,824	-556
+ Net Cash From Disc Ops	- -	- -	- -	-106	-88	-77	5,047	- -	- -	- -	-129	350	12,530	3,436	- -
Cash from Investing Activities	-848	-806	-789	-1,159	591	-626	1,514	-2,720	-1,174	-740	-2,120	-5,334	12,415	-5,360	-593
+ Dividends Paid	-1,039	-1,171	-1,181	-1,210	-1,269	-1,227	-1,239	-1,229	-1,209	-1,209	-1,210	-1,223	-1,198	-1,201	-1,192
+ Net Cash From Debt	-56	90	349	294	841	-198	-1,979	102	1,029	1,640	-812	3,691	-3,242	-567	5,241
+ Cash From Debt	1	352	2,071	3,133	4,631	1,264	- -	343	1,691	3,276	71	5,378	395	322	10,662
+ Repayments of Debt	-57	-262	-1,722	-2,839	-3,790	-1,462	-1,979	-241	-662	-1,636	-883	-1,687	-3,637	-889	-5,421
+ Other Financing Activities	143	-21	9	-595	-19	-19	27	35	39	2	100	80	-169	-44	-7,392
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-1,887	-1,899	-1,933	-2,559	-2,948	-2,045	-3,591	-2,092	-1,391	-509	-2,422	2,048	-6,823	-2,455	-4,510
Effect of Foreign Exchange Rates	-38	-33	-19	-100	-267	-82	45	-49	-40	-13	6	-186	18	20	-39
Net Changes in Cash	498	348	927	-26	172	210	-165	-1,920	441	1,834	-967	-364	6,229	-4,483	-2,005
EBITDA	4,754	4,795	4,825	4,072	3,752	3,282	3,324	3,710	3,942	3,638	2,721	3,198	3,810	4,355	5,050
EBITDA Margin (%)	19.63	19.64	19.56	22.96	23.09	22.6	21.78	21.31	21.46	21.67	21.04	23.17	25.12	24.9	28.03
Free Cash Flow	3,233	3,053	3,649	3,692	2,529	2,881	1,912	2,892	3,006	3,083	3,575	2,922	637	3,332	3,098
Net Cash Paid for Acquisitions	129	62	16	247	-1,488	132	2,951	2,002	455	126	1,562	5,685	529	8,263	37
Free Cash Flow to Firm	3,403	3,210	3,800	3,842	2,661	3,031	2,056	3,060	3,170	3,232	3,708	3,099	840	3,589	3,393
Free Cash Flow to Equity	3,177	3,143	3,998	3,986	3,370	2,683	-67	2,994	4,035	4,723	2,763	6,613	-2,605	2,765	8,339
Free Cash Flow per Basic Share	4.38	4.22	5.16	5.3	3.86	4.48	2.98	4.6	4.92	5.16	6	4.94	1.11	5.84	5.5
Price/Free Cash Flow	9.63	11.61	12.82	11.93	11.82	12.24	21.15	16.82	13.8	12.9	15.86	14.94	87.52	18.84	24
Cash Flow to Net Income	1.3	1.55	1.82	1.72	0.93	1.76	1.26	1.31	1.3	1.57	1.55	0.9	0.05	1.69	1.35
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -