First American Financial Corporation

FAF

FAFFirst American Financial Corporation US flag

New York Stock Exchange

65.74

USD

+0.90

- -

6.70BMarket 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	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	3,821	4,542	4,956	4,678	5,175	5,576	5,769	5,745	6,199	7,080	9,214	7,594	5,998	6,121	7,445
+ Sales & Services Revenue	3,821	4,542	4,956	4,678	5,175	5,576	5,769	5,745	6,199	7,080	9,214	7,594	5,998	6,121	7,445
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	1,178	1,335	1,489	1,436	1,595	1,655	1,724	1,749	1,806	1,941	2,350	2,340	1,989	2,059	2,260
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-1,178	-1,335	-1,489	-1,436	-1,595	-1,655	-1,724	-1,749	-1,806	-1,941	-2,350	-2,340	-1,989	-2,059	-2,260
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-130	-467	-311	-351	-433	-478	-445	-610	-905	-923	-1,641	-326	-274	-165	-826
+ Interest Expense, Net	12	9	15	19	29	32	36	41	48	57	72	93	132	150	157
+ Interest Expense	12	9	15	19	29	32	36	41	48	57	72	93	132	150	157
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-142	-476	-326	-370	-462	-510	-481	-651	-953	-980	-1,714	-419	-407	-315	-983
Pretax Income	130	467	311	351	433	478	445	610	905	923	1,641	326	274	165	826
- Income Tax Expense (Benefit)	52	166	124	116	144	134	23	134	195	223	392	60	59	33	201
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	79	302	187	234	289	343	422	476	710	700	1,249	265	216	133	625
- Net Extraordinary Losses (Gains)	1	1	1	1	2	1	-2	3	6	8	16	5	-3	3	7
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	1	1	1	1	2	1	-2	3	6	8	16	5	-3	3	7
Income (Loss) Incl. MI	78	300	186	233	287	343	424	473	704	692	1,233	261	218	130	618
- Minority Interest	- -	-1	-1	-1	-1	- -	1	-1	-3	-4	-8	-2	1	-2	-3
Net Income, GAAP	78	301	186	234	288	343	423	474	707	696	1,241	263	217	131	622
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	78	301	186	234	288	343	423	474	707	696	1,241	263	217	131	622
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITA	-77	-75	-75	-86	-86	-99	-128	-126	-129	-149	-158	-168	-188	-207	-216
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	2.05	6.63	3.76	4.99	5.57	6.15	7.33	8.26	11.41	9.83	13.47	3.46	3.61	2.14	8.35
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.24	0.42	0.48	0.84	1	1.19	1.43	1.58	1.66	1.77	1.92	2.03	2.08	2.12	2.16
Depreciation Expense	77	75	75	86	86	99	128	126	129	149	158	168	188	207	216
Basic Weighted Avg Shares	105	106	107	107	108	111	112	113	113	113	111	107	104	104	103
Basic EPS, GAAP	0.74	2.83	1.74	2.18	2.66	3.1	3.79	4.21	6.25	6.17	11.18	2.46	2.08	1.26	6.02
Basic EPS from Cont Ops	0.75	2.84	1.75	2.19	2.66	3.11	3.78	4.23	6.28	6.21	11.25	2.48	2.07	1.28	6.05
Diluted Weighted Avg Shares	107	109	109	109	110	111	112	113	114	113	111	107	105	104	104
Diluted EPS, GAAP	0.73	2.77	1.71	2.15	2.62	3.09	3.76	4.19	6.22	6.16	11.14	2.45	2.07	1.26	6
Diluted EPS from Cont Ops	0.73	2.78	1.71	2.15	2.63	3.09	3.75	4.2	6.25	6.19	11.21	2.47	2.06	1.27	6.03

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	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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	474	698	858	1,212	1,051	1,027	1,429	1,503	1,530	1,321	1,286	1,287	3,661	1,804	1,466
+ Cash & Cash Equivalents	474	698	858	1,212	1,051	1,027	1,429	1,503	1,530	1,321	1,286	1,287	3,661	1,804	1,466
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	240	274	275	282	258	368	350	337	335	386	452	389	585	436	498
+ Accounts Receivable, Net	258	291	269	277	288	330	334	349	337	399	455	388	531	396	456
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	-4	-4	-4	- -	- -	- -	- -	76	287	748	565	423	636	690	986
+ Other Receivable, Net	-15	-13	9	6	-30	38	16	-88	-289	-761	-568	-422	-583	-650	-945
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-715	-972	-1,133	-1,494	-1,308	-1,395	-1,778	-1,840	-1,866	-1,707	-1,738	-1,676	-4,246	-2,240	-1,963
+ 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	2,386	2,850	3,178	3,853	4,601	4,957	5,219	6,067	6,306	7,105	10,538	8,924	7,893	7,957	9,316
+ LT Investments	2,386	2,850	3,178	3,853	4,601	4,957	5,219	6,067	6,306	7,105	10,538	8,924	7,893	7,957	9,316
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-2,386	-2,850	-3,178	-3,853	-4,601	-4,957	-5,219	-6,067	-6,306	-7,105	-10,538	-8,924	-7,893	-7,957	-9,316
+ Total Intangible Assets	1,392	1,425	1,416	1,546	1,549	1,661	1,781	1,831	1,822	2,158	2,393	2,632	2,614	2,603	2,606
+ Goodwill	818	846	846	960	964	1,017	1,113	1,144	1,151	1,379	1,588	1,798	1,808	1,804	1,819
+ Other Intangible Assets	574	579	570	586	584	643	668	687	672	779	805	834	806	799	787
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-3,778	-4,274	-4,594	-5,399	-6,149	-6,618	-7,001	-7,898	-8,128	-9,263	-12,931	-11,556	-10,507	-10,561	-11,922
Total Assets	5,362	6,051	6,559	7,666	8,237	8,832	9,573	10,631	11,519	12,796	16,451	14,955	16,803	14,909	16,229
+ Payables & Accruals	331	391	407	383	424	404	397	401	406	581	792	544	496	545	601
+ Accounts Payable	28	28	26	26	56	59	68	47	59	56	87	51	63	67	48
+ Accrued Taxes	- -	- -	- -	6	8	10	5	9	25	54	24	10	16	27	43
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	304	363	380	350	360	334	324	345	322	471	681	483	417	451	510
+ ST Debt	- -	160	- -	- -	- -	160	160	236	438	516	538	920	853	644	906
+ ST Borrowings	- -	160	- -	- -	- -	160	160	236	438	516	538	920	853	644	906
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-331	-551	-407	-383	-424	-564	-557	-638	-845	-1,097	-1,330	-1,464	-1,350	-1,189	-1,507
+ Deferred Revenue	156	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-487	-551	-407	-383	-424	-564	-557	-638	-845	-1,097	-1,330	-1,464	-1,350	-1,189	-1,507
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	300	70	310	587	581	577	573	572	891	1,307	1,922	1,361	1,340	1,776	1,764
+ LT Borrowings	300	70	310	587	581	577	573	572	568	1,011	1,648	1,092	1,094	1,547	1,545
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	323	296	274	269	247	230	218
+ Other LT Liabilities	-300	-70	-310	-587	-581	-577	-573	-572	-891	-1,307	-1,922	-1,361	-1,340	-1,776	-1,764
+ Accrued Liabilities	156	208	286	298	336	471	460	460	518	563	569	213	260	350	527
+ Pension Liabilities	432	483	389	478	460	400	401	386	439	452	494	391	399	425	444
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-888	-761	-985	-1,363	-1,377	-1,448	-1,434	-1,419	-1,849	-2,322	-2,985	-1,965	-2,000	-2,551	-2,735
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	3,327	3,699	4,103	5,090	5,484	5,817	6,090	6,885	7,094	7,874	10,668	10,274	11,940	9,982	10,704
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	2,081	2,112	2,078	2,110	2,151	2,192	2,236	2,258	2,301	2,215	2,179	1,812	1,793	1,788	1,744
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	2,081	2,112	2,078	2,110	2,151	2,192	2,236	2,258	2,301	2,215	2,179	1,812	1,793	1,788	1,744
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	125	387	521	662	838	1,047	1,311	1,644	2,161	2,655	3,680	3,714	3,711	3,617	4,012
+ Other Equity	-177	-151	-146	-199	-239	-230	-68	-161	-41	40	-92	-869	-656	-496	-257
Equity Before Minority Interest	2,029	2,348	2,453	2,573	2,750	3,008	3,480	3,742	4,420	4,910	5,767	4,658	4,848	4,908	5,500
+ Minority/Non Controlling Interest	6	4	3	3	3	6	3	4	5	12	16	23	15	18	25
Total Equity	2,035	2,352	2,456	2,576	2,753	3,014	3,483	3,745	4,425	4,922	5,783	4,681	4,863	4,927	5,524
Total Liabilities & Equity	5,362	6,051	6,559	7,666	8,237	8,832	9,573	10,631	11,519	12,796	16,451	14,955	16,803	14,909	16,229
Shares Outstanding	105	107	106	108	109	110	111	111	112	110	110	103	103	103	102
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	323	296	274	269	247	230	218
Net Debt	-175	-469	-548	-624	-469	-291	-696	-695	-524	206	900	725	-1,714	387	986
Net Debt to Equity	-8.58	-19.93	-22.31	-24.23	-17.05	-9.64	-19.98	-18.56	-11.84	4.19	15.56	15.49	-35.25	7.85	17.85
Tangible Common Equity Ratio	16.19	20.04	20.22	16.83	18.01	18.88	21.84	21.76	26.84	25.98	24.11	16.63	15.85	18.88	21.42
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

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	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	79	302	187	234	289	343	422	476	710	700	1,249	265	216	133	625
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	33	-6	140	95	175	146	163	252	158	260	-102	853	411	544	155
+ Stock-Based Compensation	15	15	22	19	24	34	37	41	42	52	54	67	49	52	68
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	55	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	18	-21	117	76	151	112	125	211	116	153	-156	786	362	492	87
+ Chg in Non-Cash Work Cap	25	134	52	31	87	- -	48	65	45	125	73	-341	-272	221	170
+ (Inc) Dec in Accts Receiv	5	-29	24	-10	-7	-10	12	5	-27	-53	-48	83	-159	126	-57
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-13	84	5	-15	37	-29	128	15	46	130	115	-266	-52	46	75
+ Inc (Dec) in Other	33	79	23	56	58	39	-93	45	26	48	6	-158	-61	49	153
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	137	430	378	361	551	489	632	793	913	1,085	1,220	778	354	898	951
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	9	8	6	12	17	9	10	3	1	14	18	7	- -	1	1
+ Disp of Fixed Prod Assets	9	8	6	12	17	9	10	3	1	14	18	7	- -	1	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-70	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-70	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-3	- -	-65	- -	- -	- -	- -	-19	-2	-139	-99	-441	-73	-68	-122
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-3	- -	-65	- -	- -	- -	- -	-19	-2	-139	-99	-441	-73	-68	-122
+ Net Change in LT Investment	-8	-343	-416	-659	-837	-381	-161	-1,022	-108	-462	-3,242	22	1,090	-144	-982
+ Dec in LT Investment	998	1,453	1,116	1,310	1,287	1,682	1,809	2,142	2,340	2,492	3,106	3,166	2,560	6,208	2,002
+ Inc in LT Investment	-1,006	-1,796	-1,533	-1,969	-2,124	-2,063	-1,971	-3,163	-2,448	-2,954	-6,348	-3,144	-1,470	-6,351	-2,984
+ Net Cash From Acq & Div	-3	-32	-6	-163	-27	-107	-83	-80	-121	-381	-187	-278	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	12	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-3	-32	-6	-163	-27	-107	-83	-80	-121	-393	-187	-278	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	57	-50	-49	-27	-128	-132	-153	-121	-224	-586	18	-144	-491	-316	-475
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-14	-418	-465	-837	-974	-610	-387	-1,221	-452	-1,415	-3,393	-393	600	-459	-1,456
+ Dividends Paid	-25	-45	-51	-90	-109	-132	-159	-178	-188	-199	-213	-218	-217	-221	-223
+ Net Cash From Debt	1	-70	81	269	-5	155	-6	1	196	515	645	-170	-69	230	258
+ Cash From Debt	24	440	249	594	- -	160	- -	2,381	8,152	16,006	25,244	15,533	13,384	28,852	44,062
+ Repayments of Debt	-23	-511	-168	-325	-5	-5	-6	-2,380	-7,956	-15,491	-24,599	-15,702	-13,453	-28,622	-43,804
+ Other Financing Activities	-392	329	288	658	380	84	293	711	-451	-64	1,794	451	1,782	-2,250	248
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-418	214	253	837	266	107	128	515	-445	113	2,126	-376	1,423	-2,309	161
Effect of Foreign Exchange Rates	-3	- -	-2	-6	-6	-7	8	-7	3	6	- -	-13	5	-17	13
Net Changes in Cash	-295	226	166	361	-157	-14	373	87	16	-217	-47	8	2,377	-1,871	-344
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow	67	430	378	361	551	489	632	793	913	1,085	1,220	778	354	898	951
Net Cash Paid for Acquisitions	3	32	6	163	27	107	83	80	121	381	187	278	- -	- -	- -
Free Cash Flow to Firm	74	436	388	373	571	513	666	825	951	1,128	1,275	853	458	1,017	1,070
Free Cash Flow to Equity	77	367	465	642	563	653	637	797	1,110	1,614	1,882	615	285	1,128	1,210
Free Cash Flow per Basic Share	0.64	4.04	3.54	3.37	5.08	4.43	5.66	7.04	8.07	9.62	10.99	7.27	3.4	8.64	9.2
Price/Free Cash Flow	6.56	6.09	8.13	10.22	7.15	8.32	9.97	6.38	7.26	5.38	7.14	7.22	19.02	7.26	6.7
Cash Flow to Net Income	1.75	1.43	2.03	1.54	1.91	1.43	1.49	1.67	1.29	1.56	0.98	2.96	1.63	6.85	1.53
Capital Expenditures	-70	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -