FactSet Research Systems Inc.

FDS

FDSFactSet Research Systems Inc. US flag

New York Stock Exchange

248.38

USD

-7.41

- -

8.83BMarket 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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Sales/Revenue/Turnover	727	806	858	920	1,007	1,127	1,221	1,350	1,435	1,494	1,591	1,844	2,086	2,203	2,322
+ Sales & Services Revenue	727	806	858	920	1,007	1,127	1,221	1,350	1,435	1,494	1,591	1,844	2,086	2,203	2,322
- Cost of Revenue	245	276	306	354	405	487	567	659	663	695	786	871	973	1,012	1,098
+ Cost of Goods & Services	245	276	306	354	405	487	567	659	663	695	786	871	973	1,012	1,098
Gross Profit	482	530	552	567	601	640	655	691	772	799	805	973	1,112	1,191	1,224
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	244	257	282	264	270	290	302	325	334	343	331	433	483	490	476
+ Selling, General & Admin	244	257	282	264	270	290	302	325	334	343	331	433	483	490	476
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	238	273	269	302	332	350	352	366	438	456	474	540	629	701	748
- Non-Operating (Income) Loss	-1	-2	-1	-1	-2	-111	8	14	16	29	6	96	45	50	27
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	16	17	10	6	30	54	51	50
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	16	17	10	8	36	66	66	56
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	6	13	14	7
+ Other Non-Op (Income) Loss	-1	-2	-1	-1	-2	-111	8	-2	-1	19	- -	67	-8	-2	-22
Pretax Income	239	275	271	303	334	461	344	352	422	427	468	444	584	652	721
- Income Tax Expense (Benefit)	68	86	72	92	93	122	86	85	69	54	68	47	116	114	124
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	171	189	199	212	241	339	258	267	353	373	400	397	468	537	597
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	171	189	199	212	241	339	258	267	353	373	400	397	468	537	597
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	171	189	199	212	241	339	258	267	353	373	400	397	468	537	597
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	171	189	199	212	241	339	258	267	353	373	400	397	468	537	597
EBIT	238	273	269	302	332	350	352	366	438	456	474	540	629	701	748
EBITDA	275	307	305	337	363	388	400	423	498	557	581	669	767	857	937
EBITDA Margin (%)	37.88	38.07	35.57	36.58	36.08	34.4	32.79	31.37	34.73	37.28	36.53	36.31	36.77	38.9	40.36
EBITA	238	273	269	302	332	350	352	366	438	456	474	540	629	701	748
Gross Margin (%)	66.33	65.81	64.3	61.57	59.74	56.76	53.6	51.17	53.78	53.45	50.59	52.76	53.33	54.07	52.72
Operating Margin (%)	32.81	33.88	31.4	32.84	32.97	31.02	28.84	27.12	30.52	30.53	29.79	29.27	30.17	31.83	32.23
Profit Margin (%)	23.54	23.43	23.15	22.99	23.94	30.06	21.15	19.78	24.58	24.96	25.11	21.53	22.45	24.38	25.72
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.98	1.13	1.29	1.46	1.61	1.85	2.07	2.34	2.62	2.9	3.14	3.31	3.63	3.96	4.22
Depreciation Expense	37	34	36	34	31	38	48	57	60	101	107	130	138	156	189
Basic Weighted Avg Shares	45	44	43	42	41	40	39	38	38	38	38	38	38	38	38
Basic EPS, GAAP	3.8	4.26	4.58	5.06	5.83	8.46	6.62	6.99	9.26	9.81	10.62	10.43	12.26	14.11	15.74
Basic EPS from Cont Ops	3.8	4.26	4.58	5.06	5.83	8.46	6.62	6.99	9.26	9.81	10.62	10.43	12.26	14.11	15.74
Diluted Weighted Avg Shares	47	46	45	43	42	41	40	39	39	39	39	39	39	39	38
Diluted EPS, GAAP	3.61	4.12	4.45	4.92	5.71	8.19	6.51	6.78	9.08	9.65	10.36	10.25	12.04	13.91	15.55
Diluted EPS from Cont Ops	3.61	4.12	4.45	4.92	5.71	8.19	6.51	6.78	9.08	9.65	10.36	10.25	12.04	13.91	15.55

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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Total Current Assets	273	299	318	250	304	369	409	431	584	842	934	870	770	836	730
+ Cash, Cash Equivalents & STI	182	203	209	136	182	253	227	238	386	605	718	536	458	493	355
+ Cash & Cash Equivalents	182	189	197	116	159	228	195	209	360	586	682	503	425	423	338
+ ST Investments	- -	14	13	20	23	24	32	29	26	20	36	33	32	70	17
+ Accounts & Notes Receiv	75	74	73	90	95	98	148	157	146	155	151	204	238	228	271
+ Accounts Receivable, Net	75	74	73	90	95	98	148	157	146	155	151	204	238	228	271
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	16	22	35	23	27	19	34	36	52	82	65	130	75	115	104
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	384	395	372	413	432	650	1,004	989	976	1,241	1,291	3,144	3,193	3,219	3,575
+ Property, Plant & Equip, Net	82	77	65	58	59	85	100	101	119	382	370	240	228	213	207
+ Property, Plant & Equip	174	190	192	202	213	253	294	346	334	616	631	507	342	340	352
- Accumulated Depreciation	92	113	127	144	154	169	194	245	215	234	261	266	114	127	145
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	303	318	307	356	373	565	903	888	857	859	921	2,904	2,965	3,006	3,368
+ Total Intangible Assets	275	289	281	327	348	546	881	851	810	831	889	2,862	2,864	2,855	3,201
+ Goodwill	228	246	245	286	308	453	708	702	686	710	754	966	1,005	1,011	1,285
+ Other Intangible Assets	46	43	36	42	40	93	174	149	124	121	135	1,896	1,859	1,844	1,916
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	28	29	26	28	25	19	22	37	47	29	32	42	101	151	167
Total Assets	657	694	690	663	737	1,019	1,413	1,419	1,560	2,083	2,225	4,014	3,963	4,055	4,304
+ Payables & Accruals	40	41	49	48	56	74	90	105	107	111	117	142	190	258	190
+ Accounts Payable	25	28	30	27	34	46	59	72	80	82	86	108	122	178	135
+ Accrued Taxes	3	- -	4	5	4	8	9	8	- -	- -	- -	- -	31	40	13
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	12	14	15	16	18	20	22	24	27	29	31	34	37	39	41
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	29	32	29	29	156	33
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	125	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	29	32	29	29	31	33
+ Other ST Liabilities	70	72	69	79	84	85	111	116	112	136	168	267	265	253	298
+ Deferred Revenue	28	30	- -	- -	- -	- -	- -	- -	- -	54	63	152	152	160	168
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	1	- -	2	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	42	41	69	79	83	84	109	116	112	82	104	115	113	93	131
Total Current Liabilities	109	113	118	127	140	158	201	221	219	276	316	438	484	667	521
+ LT Debt	- -	- -	- -	- -	35	300	575	575	574	847	835	2,191	1,811	1,419	1,525
+ LT Borrowings	- -	- -	- -	- -	35	300	575	575	574	574	575	1,982	1,613	1,241	1,368
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	272	260	209	198	178	157
+ Other LT Liabilities	33	29	30	25	30	44	77	98	95	64	58	54	48	57	71
+ Accrued Liabilities	4	23	25	19	24	35	66	68	26	29	23	16	10	10	16
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	29	5	5	6	7	9	11	30	68	35	35	38	37	47	56
Total Noncurrent Liabilities	33	29	30	25	65	344	652	672	669	911	893	2,245	1,859	1,476	1,597
Total Liabilities	142	142	148	152	205	502	854	894	888	1,187	1,209	2,683	2,343	2,143	2,118
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	433	138	327	414	543	624	742	668	807	939	1,049	1,191	1,324	1,479	1,622
+ Common Stock	1	- -	- -	- -	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	433	138	327	414	542	623	742	668	807	939	1,048	1,190	1,324	1,479	1,622
- Treasury Stock	824	123	455	735	989	1,322	1,607	213	434	637	906	931	1,122	1,376	1,695
+ Retained Earnings	912	560	701	850	1,022	1,284	1,459	123	373	633	913	1,180	1,505	1,889	2,323
+ Other Equity	-6	-23	-31	-18	-44	-69	-35	-51	-75	-39	-39	-108	-87	-80	-64
Equity Before Minority Interest	515	552	542	511	532	517	560	526	672	896	1,016	1,331	1,620	1,912	2,186
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	515	552	542	511	532	517	560	526	672	896	1,016	1,331	1,620	1,912	2,186
Total Liabilities & Equity	657	694	690	663	737	1,019	1,413	1,419	1,560	2,083	2,225	4,014	3,963	4,055	4,304
Shares Outstanding	45	44	43	42	41	40	39	38	38	38	38	38	38	38	38
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	301	292	238	227	209	190
Net Debt	-182	-189	-197	-116	-124	72	380	366	214	-11	-107	1,479	1,187	943	1,031
Net Debt to Equity	-35.27	-34.23	-36.29	-22.77	-23.31	13.84	67.94	69.62	31.89	-1.26	-10.56	111.1	73.29	49.31	47.14
Tangible Common Equity Ratio	62.85	64.97	63.75	54.69	47.19	-6.07	-60.39	-57.13	-18.39	5.24	9.52	-132.78	-113.2	-78.58	-91.93
Current Ratio	2.5	2.64	2.69	1.96	2.18	2.33	2.04	1.95	2.67	3.05	2.96	1.99	1.59	1.25	1.4
Cash Conversion Cycle	-2.41	-0.83	-2.9	3.12	6.21	1.38	2.95	4.89	-3.2	-5.63	-3.84	-5.51	-4.51	-15.54	-12.92

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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

+ Net Income	171	189	199	212	241	339	258	267	353	373	400	397	468	537	597
+ Depreciation & Amortization	37	34	36	34	31	38	48	57	60	101	107	130	138	156	189
+ Non-Cash Items	6	7	18	10	-4	-96	30	18	30	64	32	91	69	46	46
+ Stock-Based Compensation	26	22	40	23	26	30	34	32	32	37	45	56	62	64	61
+ Deferred Income Taxes	-2	-4	3	-1	-1	5	5	-2	-2	11	-5	-9	-31	-32	-4
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	16	- -	64	26	5	- -
+ Other Non-Cash Adj	-18	-11	-25	-12	-29	-131	-9	-11	- -	- -	-8	-20	12	10	-11
+ Chg in Non-Cash Work Cap	-6	2	18	9	38	51	-16	43	-16	-32	16	-80	-29	-38	-106
+ (Inc) Dec in Accts Receiv	-15	2	1	-13	-4	-4	-30	-8	10	-9	4	-33	-40	2	-43
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-7	- -	2	-2	-5	- -	-1	-11	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	21	4	17	20	39	36	6	40	-22	-12	50	8	46	24	-25
+ Inc (Dec) in Other	-6	-4	-2	4	8	18	9	23	-5	-11	-38	-55	-36	-64	-38
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	207	232	270	265	306	331	321	386	427	506	555	538	646	700	726
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-29	-23	-19	-18	-26	-48	-37	-34	-59	-78	-61	-51	-61	-86	-109
+ Acq of Fixed Prod Assets	-29	-23	-19	-18	-26	-48	-37	-34	-59	-78	-61	-51	-61	-86	-109
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-217	-154	-332	-280	-256	-357	-261	-304	-220	-200	-265	-19	-177	-235	-300
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-217	-154	-332	-280	-256	-357	-261	-304	-220	-200	-265	-19	-177	-235	-300
+ Net Change in LT Investment	- -	-15	-1	-6	-4	-1	-7	- -	3	4	-17	-1	-11	-59	39
+ Dec in LT Investment	- -	- -	14	14	20	17	23	12	14	7	2	- -	- -	- -	58
+ Inc in LT Investment	- -	-15	-16	-20	-24	-18	-31	-12	-11	-3	-19	-1	-11	-59	-19
+ Net Cash From Acq & Div	- -	-21	-1	-47	-35	-110	-303	-15	- -	- -	-58	-1,982	-24	- -	-323
+ Cash from Divestitures	- -	- -	- -	- -	- -	153	- -	- -	- -	- -	- -	- -	- -	- -	25
+ Cash for Acq of Subs	- -	-21	-1	-47	-35	-263	-303	-15	- -	- -	-58	-1,982	-24	- -	-348
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-29	-59	-20	-71	-65	-158	-347	-49	-56	-74	-136	-2,034	-95	-144	-393
+ Dividends Paid	-44	-50	-56	-61	-67	-74	-81	-89	-100	-110	-118	-126	-139	-151	-160
+ Net Cash From Debt	- -	- -	- -	- -	35	265	275	- -	- -	- -	- -	1,413	-375	-250	-2
+ Cash From Debt	- -	- -	- -	- -	35	265	640	- -	575	- -	- -	2,238	- -	- -	803
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	-365	- -	-575	- -	- -	-825	-375	-250	-805
+ Other Financing Activities	61	45	150	64	100	75	59	73	106	92	60	70	58	75	54
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-199	-159	-238	-277	-187	-91	-8	-320	-214	-218	-323	1,339	-632	-561	-408
Effect of Foreign Exchange Rates	7	-7	-3	2	-12	-12	1	-3	-6	12	- -	-22	4	2	3
Net Changes in Cash	-21	14	11	-82	54	82	-35	17	157	214	97	-156	-82	-5	-74
EBITDA	275	307	305	337	363	388	400	423	498	557	581	669	767	857	937
EBITDA Margin (%)	37.88	38.07	35.57	36.58	36.08	34.4	32.79	31.37	34.73	37.28	36.53	36.31	36.77	38.9	40.36
Free Cash Flow	178	209	251	247	281	283	284	352	368	428	494	487	585	615	617
Net Cash Paid for Acquisitions	- -	21	1	47	35	110	303	15	- -	- -	58	1,982	24	- -	323
Free Cash Flow to Firm	178	209	251	247	281	283	284	365	382	437	501	519	638	669	664
Free Cash Flow to Equity	178	209	251	247	316	548	559	352	368	428	494	1,900	210	365	616
Free Cash Flow per Basic Share	3.95	4.73	5.8	5.92	6.8	7.08	7.27	9.22	9.65	11.26	13.13	12.8	15.31	16.15	16.28
Price/Free Cash Flow	17.6	16.61	15.84	19.36	20.08	19.44	17.43	21.55	21.74	23.21	23.79	28.48	24.03	20.77	17.16
Cash Flow to Net Income	1.21	1.23	1.36	1.25	1.27	0.98	1.24	1.44	1.21	1.36	1.39	1.36	1.38	1.3	1.22
Capital Expenditures	-29	-23	-19	-18	-26	-48	-37	-34	-59	-78	-61	-51	-61	-86	-109