Glacier Bancorp, Inc.

GBCI

GBCIGlacier Bancorp, Inc. US flag

New York Stock Exchange

46.01

USD

-0.63

- -

5.99BMarket 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	314	300	318	354	379	409	445	544	611	763	794	892	789	810	1,004
+ Sales & Services Revenue	314	300	318	354	379	409	445	544	611	763	794	892	789	810	1,004
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	92	104	114	129	145	164	173	209	239	271	294	352	359	384	442
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-92	-104	-114	-129	-145	-164	-173	-209	-239	-271	-294	-352	-359	-384	-442
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-17	-95	-126	-149	-150	-161	-181	-222	-259	-328	-349	-370	-268	-226	-290
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-17	-95	-126	-149	-150	-161	-181	-222	-259	-328	-349	-370	-268	-226	-290
Pretax Income	17	95	126	149	150	161	181	222	259	328	349	370	268	226	290
- Income Tax Expense (Benefit)	- -	19	30	36	34	40	65	40	49	62	65	67	45	36	51
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	17	76	96	113	116	121	116	182	211	266	285	303	223	190	239
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	17	76	96	113	116	121	116	182	211	266	285	303	223	190	239
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	17	76	96	113	116	121	116	182	211	266	285	303	223	190	239
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	17	76	96	113	116	121	116	182	211	266	285	303	223	190	239
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	13	13	13	15	17	18	17	22	27	31	32	36	37	42	49
EBITDA Margin (%)	4.12	4.24	4.05	4.22	4.57	4.47	3.87	4.1	4.43	4.04	4.03	4.09	4.7	5.14	4.87
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	5.57	25.13	30.06	31.88	30.63	29.62	26.13	33.45	34.48	34.93	35.86	33.99	28.24	23.47	23.8
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.52	0.66	0.6	0.68	1.05	1.1	1.44	1.02	1.41	1.38	1.47	1.42	1.32	1.33	1.36
Depreciation Expense	13	13	13	15	17	18	17	22	27	31	32	36	37	42	49
Basic Weighted Avg Shares	72	72	73	75	76	76	78	84	88	95	99	111	111	113	120
Basic EPS, GAAP	0.24	1.05	1.31	1.51	1.54	1.59	1.5	2.18	2.39	2.81	2.87	2.74	2.01	1.68	2
Basic EPS from Cont Ops	0.24	1.05	1.31	1.51	1.54	1.59	1.5	2.18	2.39	2.81	2.87	2.74	2.01	1.68	2
Diluted Weighted Avg Shares	72	72	73	75	76	76	78	84	88	95	99	111	111	113	120
Diluted EPS, GAAP	0.24	1.05	1.31	1.51	1.54	1.59	1.5	2.17	2.38	2.81	2.86	2.74	2.01	1.68	1.99
Diluted EPS from Cont Ops	0.24	1.05	1.31	1.51	1.54	1.59	1.5	2.17	2.38	2.81	2.86	2.74	2.01	1.68	1.99

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	3,255	3,870	3,368	2,829	2,798	2,578	1,978	2,775	2,906	5,971	9,609	5,709	6,140	5,094	5,237
+ Cash & Cash Equivalents	128	187	145	441	187	153	200	204	331	633	438	402	1,354	848	1,235
+ ST Investments	3,127	3,683	3,223	2,387	2,611	2,425	1,778	2,572	2,575	5,338	9,171	5,307	4,786	4,245	4,001
+ Accounts & Notes Receiv	35	38	42	41	45	46	44	54	56	75	77	84	95	99	120
+ Accounts Receivable, Net	35	38	42	41	45	46	44	54	56	75	77	84	95	99	120
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-3,290	-3,908	-3,410	-2,869	-2,842	-2,624	-2,023	-2,830	-2,962	-6,046	-9,685	-5,793	-6,235	-5,193	-5,357
+ 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	159	159	168	179	194	176	177	242	310	325	373	398	422	468	562
+ Property, Plant & Equip	241	249	261	279	305	296	305	379	459	485	546	583	623	687	785
- Accumulated Depreciation	82	90	93	99	111	120	128	137	148	160	174	185	201	219	223
+ LT Investments & Receivables	3,176	3,732	3,275	2,961	3,340	3,127	2,456	2,897	2,811	5,538	10,380	9,104	8,301	7,640	7,160
+ LT Investments	3,176	3,732	3,275	2,961	3,340	3,127	2,456	2,897	2,811	5,538	10,380	9,104	8,301	7,640	7,160
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-3,335	-3,891	-3,443	-3,140	-3,534	-3,303	-2,634	-3,139	-3,122	-5,863	-10,753	-9,502	-8,723	-8,108	-7,722
+ Total Intangible Assets	114	112	139	141	155	159	192	339	520	570	1,038	1,027	1,017	1,102	1,484
+ Goodwill	106	106	130	130	141	147	178	290	456	514	985	985	985	1,051	1,378
+ Other Intangible Assets	8	6	10	11	15	12	14	49	63	56	52	42	32	51	105
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-3,450	-4,003	-3,582	-3,281	-3,690	-3,462	-2,826	-3,478	-3,641	-6,433	-11,790	-10,529	-9,740	-9,210	-9,206
Total Assets	7,188	7,747	7,884	8,307	9,089	9,451	9,706	12,115	13,684	18,504	25,941	26,635	27,743	27,903	31,978
+ Payables & Accruals	6	5	4	4	4	4	3	4	5	3	2	4	126	34	33
+ Accounts Payable	6	5	4	4	4	4	3	4	5	3	2	4	126	34	33
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	10	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11
+ ST Borrowings	10	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11
+ Other ST Liabilities	-16	-5	-4	-4	-4	-4	-3	-4	-5	-3	-2	-4	-126	-34	-43
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-16	-5	-4	-4	-4	-4	-3	-4	-5	-3	-2	-4	-126	-34	-43
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	1,204	1,132	974	430	527	382	488	589	207	173	177	2,010	2,955	2,056	750
+ LT Borrowings	1,204	1,132	974	430	527	382	488	589	207	173	177	2,010	2,955	1,995	679
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	61	71
+ Other LT Liabilities	-1,204	-1,132	-974	-430	-527	-382	-488	-589	-207	-173	-177	-2,010	-2,955	-2,056	-750
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	24	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-1,204	-1,132	-974	-430	-527	-382	-488	-589	-207	-197	-177	-2,010	-2,955	-2,056	-750
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	6,338	6,846	6,921	7,278	8,013	8,334	8,507	10,600	11,723	16,197	22,763	23,792	24,722	24,679	27,764
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	644	642	692	709	737	750	799	1,052	1,379	1,496	2,340	2,345	2,351	2,450	3,221
+ Common Stock	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
+ Additional Paid in Capital	643	642	691	708	736	749	798	1,051	1,379	1,495	2,339	2,344	2,350	2,449	3,220
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	173	211	262	301	338	374	402	473	541	668	810	967	1,043	1,083	1,160
+ Other Equity	33	48	10	18	2	-7	-2	-9	40	143	27	-469	-374	-309	-167
Equity Before Minority Interest	850	901	963	1,028	1,077	1,117	1,199	1,516	1,961	2,307	3,178	2,843	3,020	3,224	4,214
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	850	901	963	1,028	1,077	1,117	1,199	1,516	1,961	2,307	3,178	2,843	3,020	3,224	4,214
Total Liabilities & Equity	7,188	7,747	7,884	8,307	9,089	9,451	9,706	12,115	13,684	18,504	25,941	26,635	27,743	27,903	31,978
Shares Outstanding	72	72	74	75	76	77	78	85	92	95	111	111	111	113	130
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	61	82
Net Debt	1,086	945	829	-11	339	230	288	385	-124	-460	-261	1,608	1,600	1,147	-556
Net Debt to Equity	127.76	104.94	86.06	-1.11	31.52	20.56	24.05	25.41	-6.3	-19.94	-8.21	56.56	52.99	35.57	-13.2
Tangible Common Equity Ratio	10.4	10.33	10.64	10.87	10.31	10.31	10.58	9.99	10.95	9.69	8.59	7.09	7.49	7.92	8.95
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	17	76	96	113	116	121	116	182	211	266	285	303	223	190	239
+ Depreciation & Amortization	13	13	13	15	17	18	17	22	27	31	32	36	37	42	49
+ Non-Cash Items	146	91	216	54	41	55	122	67	-19	-73	243	151	148	113	93
+ Stock-Based Compensation	- -	- -	1	1	2	2	3	3	7	4	4	5	6	6	6
+ Deferred Income Taxes	-13	1	5	6	-4	- -	26	7	- -	-7	-9	2	1	3	-4
+ Asset Impairment Charge	40	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	119	90	211	48	44	53	93	57	-26	-70	247	143	142	105	91
+ Chg in Non-Cash Work Cap	11	4	9	1	2	-1	-1	10	8	-34	13	-20	92	-87	-6
+ (Inc) Dec in Accts Receiv	-5	-3	- -	3	-2	-1	2	-3	2	-18	5	-7	-11	1	-4
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-1	-1	-1	1	-1	- -	- -	- -	- -	-2	-1	2	122	-94	-7
+ Inc (Dec) in Other	17	8	11	-2	5	- -	-3	12	5	-15	9	-15	-18	6	4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	187	184	334	183	177	193	255	281	227	190	572	471	501	258	374
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11	- -	14	5
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11	- -	14	5
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-17	- -	- -	- -	- -	- -	-10	-19	-16	-12	-9	-34	-50	-48	-27
+ Acq of Fixed Prod Assets	-17	- -	- -	- -	- -	- -	-10	-19	-16	-12	-9	-34	-50	-48	-27
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-690	-596	439	476	-320	163	666	-197	279	-2,470	-5,054	532	907	848	1,369
+ Dec in LT Investment	1,040	2,042	1,865	807	860	824	788	749	1,601	868	1,506	2,006	1,492	1,201	2,563
+ Inc in LT Investment	-1,730	-2,638	-1,426	-331	-1,180	-661	-122	-946	-1,322	-3,338	-6,561	-1,474	-585	-353	-1,194
+ Net Cash From Acq & Div	- -	- -	26	- -	- -	- -	-4	101	63	32	1,600	- -	- -	108	205
+ Cash from Divestitures	- -	- -	26	- -	- -	- -	- -	101	79	44	1,623	- -	- -	108	205
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	-4	- -	-16	-12	-23	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	179	16	-316	-317	-361	-585	-628	-758	-369	-1,113	-443	-1,860	-1,065	-429	-488
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-529	-580	149	159	-681	-421	24	-872	-43	-3,564	-3,907	-1,352	-207	493	1,064
+ Dividends Paid	-37	-47	-44	-51	-79	-84	-112	-85	-124	-131	-146	-158	-147	-150	-163
+ Net Cash From Debt	104	-72	41	-123	-46	-46	-54	79	-392	-38	4	1,809	943	-997	-1,433
+ Cash From Debt	104	- -	1,147	192	50	- -	150	85	14	31	4	1,809	2,747	1,805	- -
+ Repayments of Debt	- -	-72	-1,107	-316	-95	-46	-204	-6	-406	-69	- -	- -	-1,804	-2,802	-1,433
+ Other Financing Activities	299	574	-511	119	380	318	-65	602	460	3,846	3,281	-806	-138	-110	543
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	365	455	-515	-55	255	188	-231	595	-57	3,676	3,139	845	659	-1,257	-1,052
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	23	59	-31	287	-249	-41	47	4	127	302	-195	-36	952	-506	387
EBITDA	13	13	13	15	17	18	17	22	27	31	32	36	37	42	49
EBITDA Margin (%)	4.12	4.24	4.05	4.22	4.57	4.47	3.87	4.1	4.43	4.04	4.03	4.09	4.7	5.14	4.87
Free Cash Flow	169	184	334	183	177	193	245	262	210	178	563	437	451	210	348
Net Cash Paid for Acquisitions	- -	- -	-26	- -	- -	- -	4	-101	-63	-32	-1,600	- -	- -	-108	-205
Free Cash Flow to Firm	- -	184	334	183	177	193	245	262	210	178	563	437	451	210	348
Free Cash Flow to Equity	273	112	375	60	131	147	190	341	-182	140	566	2,257	1,395	-773	-1,080
Free Cash Flow per Basic Share	2.35	2.56	4.56	2.45	2.34	2.53	3.15	3.13	2.38	1.88	5.67	3.94	4.07	1.85	2.9
Price/Free Cash Flow	4.23	5.76	6.53	11.35	11.35	14.32	11.54	11.08	16.72	21.7	9.69	10.86	8.33	18.57	13.17
Cash Flow to Net Income	10.69	2.43	3.49	1.62	1.52	1.59	2.19	1.54	1.08	0.71	2.01	1.55	2.25	1.36	1.57
Capital Expenditures	-17	- -	- -	- -	- -	- -	-10	-19	-16	-12	-9	-34	-50	-48	-27