Globe Life Inc.

GLGlobe Life Inc. US flag

New York Stock Exchange

151.20

USD

+0.15

- -

11.74BMarket 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	3,377	3,590	3,494	3,620	3,766	3,935	4,156	4,315	4,528	4,739	5,121	5,227	5,448	5,778	5,994
+ Sales & Services Revenue	3,377	3,590	3,494	3,620	3,766	3,935	4,156	4,315	4,528	4,739	5,121	5,227	5,448	5,778	5,994
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	181	187	201	207	215	223	248	267	286	287	302	335	332	383	409
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-181	-187	-201	-207	-215	-223	-248	-267	-286	-287	-302	-335	-332	-383	-409
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-724	-766	-755	-785	-766	-772	-831	-864	-931	-897	-1,275	-1,102	-1,194	-1,327	-1,436
+ Interest Expense, Net	78	81	80	76	77	83	85	90	84	87	83	90	102	127	141
+ Interest Expense	78	81	80	76	77	83	85	90	84	87	83	90	102	127	141
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-802	-847	-836	-861	-843	-856	-915	-954	-1,016	-983	-1,358	-1,193	-1,297	-1,454	-1,577
Pretax Income	724	766	755	785	766	772	831	864	931	897	1,275	1,102	1,194	1,327	1,436
- Income Tax Expense (Benefit)	226	237	248	257	250	233	-628	162	170	165	243	208	224	256	275
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	498	529	507	528	516	540	1,458	702	761	732	1,031	894	971	1,071	1,161
- Net Extraordinary Losses (Gains)	- -	- -	-21	-15	-11	-10	4	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	21	15	11	10	-4	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	1	- -	-43	-30	-22	-20	8	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	497	529	528	543	527	550	1,454	701	761	732	1,031	894	971	1,071	1,161
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	497	529	528	543	527	550	1,454	701	761	732	1,031	894	971	1,071	1,161
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	497	529	528	543	527	550	1,454	701	761	732	1,031	894	971	1,071	1,161
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	14.72	14.75	15.12	15	14	13.97	35	16.26	16.8	15.44	20.13	17.11	17.82	18.53	19.37
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.3	0.38	0.44	0.5	0.53	0.56	0.59	0.63	0.68	0.74	0.78	0.82	0.88	0.96	1.06
Depreciation Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	162	145	138	131	125	120	116	113	109	106	102	98	95	89	81
Basic EPS, GAAP	3.06	3.65	3.84	4.15	4.21	4.58	12.5	6.22	6.97	6.9	10.1	9.13	10.21	11.99	14.27
Basic EPS from Cont Ops	3.06	3.65	3.68	4.04	4.13	4.49	12.54	6.22	6.97	6.9	10.1	9.13	10.21	11.99	14.27
Diluted Weighted Avg Shares	165	147	140	133	127	122	119	115	111	107	103	99	96	90	83
Diluted EPS, GAAP	3.02	3.6	3.79	4.09	4.16	4.49	12.22	6.09	6.83	6.82	9.99	9.04	10.07	11.94	14.07
Diluted EPS from Cont Ops	3.02	3.6	3.63	3.98	4.07	4.41	12.26	6.09	6.83	6.82	9.99	9.04	10.07	11.94	14.07

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	11,994	13,698	12,993	14,575	13,874	15,394	17,215	16,482	19,021	21,416	21,467	16,710	18,055	17,405	18,049
+ Cash & Cash Equivalents	84	62	37	66	61	76	119	121	76	95	92	93	103	165	145
+ ST Investments	11,909	13,636	12,956	14,509	13,813	15,318	17,096	16,361	18,945	21,321	21,374	16,617	17,952	17,240	17,904
+ Accounts & Notes Receiv	254	384	331	328	345	384	392	415	442	474	487	589	630	692	769
+ Accounts Receivable, Net	254	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	384	331	328	345	384	392	415	442	474	487	589	630	692	769
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-12,247	-14,081	-13,324	-14,903	-14,219	-15,779	-17,607	-16,897	-19,463	-21,890	-21,954	-17,299	-18,685	-18,097	-18,817
+ 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	11,927	13,652	12,958	14,510	13,813	15,318	17,096	16,361	18,945	21,321	21,374	16,617	17,952	17,240	17,904
+ LT Investments	11,927	13,652	12,958	14,510	13,813	15,318	17,096	16,361	18,945	21,321	21,374	16,617	17,952	17,240	17,904
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-11,927	-13,652	-12,958	-14,510	-13,813	-15,318	-17,096	-16,361	-18,945	-21,321	-21,374	-16,617	-17,952	-17,240	-17,904
+ Total Intangible Assets	397	442	442	442	442	442	442	442	442	442	482	482	482	490	490
+ Goodwill	397	442	442	442	442	442	442	442	442	442	482	482	482	490	490
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-12,323	-14,093	-13,399	-14,952	-14,254	-15,759	-17,538	-16,803	-19,387	-21,763	-21,856	-17,099	-18,434	-17,730	-18,394
Total Assets	16,588	18,777	18,192	20,272	19,853	21,436	23,475	23,096	25,977	29,047	29,768	25,987	28,051	29,076	30,814
+ Payables & Accruals	1,542	1,838	1,509	2,040	1,724	2,044	1,645	1,399	1,842	2,233	2,178	944	1,010	1,264	1,400
+ Accounts Payable	222	228	223	254	273	300	333	351	365	400	413	509	515	533	541
+ Accrued Taxes	1,320	1,610	1,286	1,786	1,451	1,744	1,312	1,048	1,477	1,834	1,765	435	495	731	860
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	225	319	229	238	490	264	328	308	299	255	480	449	486	415	305
+ ST Borrowings	225	319	229	238	490	264	328	308	299	255	480	449	486	415	305
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-1,767	-2,157	-1,738	-2,279	-2,214	-2,308	-1,973	-1,706	-2,141	-2,488	-2,658	-1,393	-1,496	-1,679	-1,705
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	1,519	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-3,286	-2,157	-1,738	-2,279	-2,214	-2,308	-1,973	-1,706	-2,141	-2,488	-2,658	-1,393	-1,496	-1,679	-1,705
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	915	990	991	992	744	1,133	1,132	1,357	1,349	1,668	1,546	1,628	1,630	2,324	2,321
+ LT Borrowings	915	990	991	992	744	1,133	1,132	1,357	1,349	1,668	1,546	1,628	1,630	2,324	2,321
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-915	-990	-991	-992	-744	-1,133	-1,132	-1,357	-1,349	-1,668	-1,546	-1,628	-1,630	-2,324	-2,321
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-915	-990	-991	-992	-744	-1,133	-1,132	-1,357	-1,349	-1,668	-1,546	-1,628	-1,630	-2,324	-2,321
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	12,729	14,415	14,415	15,575	15,798	16,869	17,244	17,681	18,683	20,276	21,125	22,037	23,565	23,771	24,839
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	538	546	613	592	613	618	633	646	649	641	630	635	635	625	629
+ Common Stock	112	106	151	134	130	127	124	121	117	113	109	105	102	97	92
+ Additional Paid in Capital	425	440	462	458	482	490	508	524	532	527	521	530	532	528	536
- Treasury Stock	493	512	543	269	403	519	632	763	751	773	847	790	854	1,292	1,429
+ Retained Earnings	3,265	3,403	3,496	3,377	3,614	3,891	4,806	5,213	5,551	5,874	6,182	6,895	7,479	8,003	8,547
+ Other Equity	550	925	211	997	232	578	1,424	319	1,845	3,029	2,678	-2,790	-2,772	-2,030	-1,771
Equity Before Minority Interest	3,860	4,362	3,776	4,697	4,056	4,567	6,231	5,415	7,294	8,771	8,643	3,950	4,487	5,306	5,975
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	3,860	4,362	3,776	4,697	4,056	4,567	6,231	5,415	7,294	8,771	8,643	3,950	4,487	5,306	5,975
Total Liabilities & Equity	16,588	18,777	18,192	20,272	19,853	21,436	23,475	23,096	25,977	29,047	29,768	25,987	28,051	29,076	30,814
Shares Outstanding	151	141	134	128	122	118	115	111	108	104	100	97	94	84	79
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	1,056	1,247	1,183	1,165	1,172	1,321	1,342	1,544	1,572	1,828	1,934	1,984	2,013	2,574	2,481
Net Debt to Equity	27.35	28.59	31.33	24.79	28.91	28.94	21.53	28.51	21.55	20.84	22.38	50.25	44.85	48.52	41.52
Tangible Common Equity Ratio	21.39	21.38	18.79	21.46	18.62	19.65	25.14	21.95	26.84	29.12	27.87	13.6	14.53	16.84	18.09
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	497	529	528	543	527	550	1,454	701	761	732	1,031	894	971	1,071	1,161
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	-75	-109	-121	-223	-155	-146	-122	-177	-160	-176	-419	-359	-430	-497	-467
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-75	-109	-121	-223	-155	-146	-122	-177	-160	-176	-419	-359	-430	-497	-467
+ Chg in Non-Cash Work Cap	437	522	646	701	749	823	19	752	746	921	825	887	941	829	702
+ (Inc) Dec in Accts Receiv	-23	-90	51	-164	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	31	123	75	103	104	152	-701	69	69	88	148	92	101	78	99
+ Inc (Dec) in Other	429	489	520	762	646	671	719	682	677	833	677	795	840	751	603
+ Net Cash From Disc Ops	- -	- -	66	-156	-2	172	78	1	17	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	859	943	1,119	865	1,120	1,399	1,429	1,278	1,364	1,476	1,438	1,422	1,482	1,402	1,396
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	3	- -	1	9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	3	- -	1	9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-5	-5	-11	-19	-37	-25	-20	-45	-42	-42	-38	-28	-50	-71	-142
+ Acq of Fixed Prod Assets	-5	-5	-11	-19	-37	-25	-20	-45	-42	-42	-38	-28	-50	-71	-142
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-810	-389	-384	-393	-383	-343	-352	-386	-376	-396	-472	-348	-397	-950	-717
+ Increase in Capital Stock	163	181	98	56	36	61	61	36	83	48	70	107	114	52	164
+ Decrease in Capital Stock	-973	-570	-482	-449	-419	-405	-413	-422	-460	-444	-541	-455	-511	-1,002	-881
+ Net Change in LT Investment	-309	-484	-579	-316	-576	-1,022	-885	-833	-742	-1,124	-834	-845	-720	-407	-385
+ Dec in LT Investment	880	1,096	661	445	607	578	560	376	958	512	471	903	1,037	1,465	1,066
+ Inc in LT Investment	-1,189	-1,579	-1,240	-761	-1,183	-1,600	-1,445	-1,209	-1,700	-1,636	-1,305	-1,748	-1,756	-1,872	-1,451
+ Net Cash From Acq & Div	22	-186	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	22	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-186	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-23	-23	-25	-23	-20	-16	-22	-19	-25	-16	-41	-70	-157	-163	-116
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-312	-698	-614	-350	-633	-1,062	-927	-896	-809	-1,182	-913	-943	-926	-642	-644
+ Dividends Paid	-49	-56	-61	-65	-67	-67	-69	-71	-74	-78	-80	-81	-84	-85	-86
+ Net Cash From Debt	- -	151	-94	- -	- -	150	-2	222	-7	313	25	54	37	629	-111
+ Cash From Debt	- -	275	- -	- -	- -	400	125	550	- -	700	325	250	203	1,015	590
+ Repayments of Debt	- -	-124	-94	- -	- -	-250	-127	-328	-7	-387	-300	-196	-166	-386	-701
+ Other Financing Activities	35	24	3	-42	-76	-59	-32	-157	-133	-113	3	-118	-98	-309	145
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-824	-269	-536	-500	-526	-320	-454	-392	-591	-274	-524	-492	-541	-716	-768
Effect of Foreign Exchange Rates	-4	2	6	14	34	-2	-6	13	-9	-2	-3	14	-4	17	-5
Net Changes in Cash	-277	-24	-31	15	-39	16	48	-10	-36	21	1	-13	15	45	-15
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow	854	938	1,108	845	1,083	1,374	1,409	1,233	1,322	1,435	1,399	1,394	1,433	1,331	1,254
Net Cash Paid for Acquisitions	-22	186	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	908	994	1,162	897	1,135	1,432	- -	1,306	1,391	1,505	1,467	1,468	1,516	1,434	1,368
Free Cash Flow to Equity	857	1,090	1,015	854	1,083	1,524	1,407	1,455	1,315	1,748	1,424	1,448	1,470	1,960	1,143
Free Cash Flow per Basic Share	5.26	6.47	8.05	6.47	8.66	11.44	12.11	10.94	12.11	13.53	13.71	14.23	15.07	14.91	15.41
Price/Free Cash Flow	5.51	5.34	6.43	8.13	6.26	6.34	7.45	6.49	8.34	6.71	6.55	8.23	7.66	6.79	7.5
Cash Flow to Net Income	1.73	1.78	2.12	1.59	2.12	2.54	0.98	1.82	1.79	2.02	1.39	1.59	1.53	1.31	1.2
Capital Expenditures	-5	-5	-11	-19	-37	-25	-20	-45	-42	-42	-38	-28	-50	-71	-142