Herbalife Nutrition Ltd.

HLF

HLFHerbalife Nutrition Ltd. US flag

New York Stock Exchange

12.19

USD

+0.15

- -

1.26BMarket 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	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	3,455	4,072	4,825	4,959	4,469	4,488	4,428	4,892	4,877	5,542	5,803	5,204	5,062	4,993	5,038
+ Sales & Services Revenue	3,455	4,072	4,825	4,959	4,469	4,488	4,428	4,892	4,877	5,542	5,803	5,204	5,062	4,993	5,038
- Cost of Revenue	680	813	963	983	856	855	849	919	958	1,151	1,239	1,174	1,191	1,104	1,115
+ Cost of Goods & Services	680	813	963	983	856	855	849	919	958	1,151	1,239	1,174	1,191	1,104	1,115
Gross Profit	2,774	3,260	3,862	3,976	3,613	3,634	3,579	3,972	3,919	4,391	4,564	4,031	3,871	3,889	3,923
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	2,212	2,598	3,127	3,462	3,029	3,176	2,962	3,289	3,351	3,751	3,829	3,486	3,515	3,503	3,442
+ Selling, General & Admin	1,075	1,260	1,629	1,991	1,784	1,967	1,759	1,955	1,940	2,075	2,012	1,810	3,525	3,508	3,447
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	1,138	1,339	1,498	1,471	1,245	1,209	1,203	1,334	1,411	1,676	1,817	1,675	-10	-6	-5
Operating Income (Loss)	562	661	735	514	584	458	617	683	568	641	734	545	356	386	481
- Non-Operating (Income) Loss	2	10	19	92	97	93	146	219	117	124	173	120	153	216	206
+ Interest Expense, Net	2	10	19	79	95	93	146	162	132	124	149	133	154	206	206
+ Interest Expense	10	17	27	92	100	99	161	181	153	133	153	139	166	218	214
- Interest Income	7	6	8	12	6	6	14	19	21	9	4	6	12	12	8
+ Other Non-Op (Income) Loss	- -	- -	- -	13	2	- -	- -	57	-16	- -	25	-13	-1	10	- -
Pretax Income	560	651	717	421	486	365	471	464	451	516	561	425	203	169	275
- Income Tax Expense (Benefit)	145	187	189	113	147	105	257	168	140	144	114	104	61	-85	47
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	415	464	528	309	339	260	214	297	311	373	447	321	142	254	228
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1
Income (Loss) Incl. MI	415	464	528	309	339	260	214	297	311	373	447	321	142	254	229
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	415	464	528	309	339	260	214	297	311	373	447	321	142	254	228
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	415	464	528	309	339	260	214	297	311	373	447	321	142	254	228
EBIT	562	661	735	514	584	458	617	683	568	641	734	545	356	386	481
EBITDA	634	736	820	607	682	556	717	784	666	741	842	661	470	507	602
EBITDA Margin (%)	18.36	18.07	16.99	12.24	15.25	12.4	16.19	16.02	13.65	13.37	14.51	12.69	9.28	10.16	11.95
EBITA	562	661	735	514	584	458	617	683	568	641	734	545	356	386	481
Gross Margin (%)	80.31	80.05	80.03	80.18	80.85	80.96	80.83	81.21	80.36	79.24	78.64	77.45	76.47	77.88	77.87
Operating Margin (%)	16.28	16.24	15.24	10.36	13.06	10.21	13.94	13.96	11.65	11.56	12.65	10.48	7.04	7.73	9.55
Profit Margin (%)	12.01	11.39	10.93	6.23	7.59	5.79	4.83	6.06	6.38	6.72	7.71	6.17	2.81	5.09	4.53
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.36	0.6	0.6	0.18	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	72	74	85	93	98	98	100	100	98	100	108	115	113	121	121
Basic Weighted Avg Shares	235	225	205	173	165	166	158	140	137	132	106	98	99	101	103
Basic EPS, GAAP	1.77	2.06	2.57	1.79	2.05	1.57	1.35	2.12	2.26	2.83	4.22	3.26	1.44	2.53	2.22
Basic EPS from Cont Ops	1.77	2.06	2.57	1.79	2.05	1.57	1.35	2.12	2.26	2.83	4.22	3.26	1.44	2.53	2.22
Diluted Weighted Avg Shares	250	236	215	182	171	172	166	150	142	134	108	100	100	102	104
Diluted EPS, GAAP	1.66	1.97	2.46	1.7	1.99	1.51	1.29	1.98	2.2	2.77	4.13	3.23	1.42	2.5	2.2
Diluted EPS from Cont Ops	1.66	1.97	2.46	1.7	1.99	1.51	1.29	1.98	2.2	2.77	4.13	3.23	1.42	2.5	2.2

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	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	786	984	1,643	1,393	1,566	1,462	1,860	1,805	1,488	1,776	1,432	1,356	1,399	1,144	1,145
+ Cash, Cash Equivalents & STI	259	334	973	645	890	844	1,279	1,199	839	1,045	602	508	575	415	353
+ Cash & Cash Equivalents	259	334	973	645	890	844	1,279	1,199	839	1,045	602	508	575	415	353
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	90	116	100	84	70	70	93	70	80	83	67	71	81	69	92
+ Accounts Receivable, Net	90	116	100	84	70	70	93	70	80	83	67	71	81	69	92
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	248	339	351	378	332	371	341	382	436	501	576	581	505	475	512
+ Raw Materials	22	20	23	40	42	49	44	52	49	80	82	83	80	74	76
+ Work In Process	2	2	3	4	4	4	5	7	7	8	9	7	10	8	12
+ Finished Goods	224	318	325	334	287	318	292	323	381	413	485	491	415	393	424
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	190	195	219	287	275	177	147	154	133	146	188	197	238	184	188
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	677	740	831	962	912	1,103	1,035	985	1,190	1,300	1,388	1,376	1,410	1,584	1,641
+ Property, Plant & Equip, Net	194	243	319	367	339	378	378	360	561	613	662	693	692	646	616
+ Property, Plant & Equip	387	499	647	850	877	982	1,080	1,125	1,406	1,546	1,681	1,727	1,704	1,668	1,679
- Accumulated Depreciation	194	256	328	483	537	604	703	765	845	934	1,019	1,034	1,012	1,022	1,063
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	484	497	512	595	572	725	657	625	629	687	726	682	718	938	1,025
+ Total Intangible Assets	417	417	416	413	402	400	407	403	402	414	413	409	409	400	416
+ Goodwill	105	105	106	102	92	90	97	93	92	100	95	93	95	88	100
+ Other Intangible Assets	312	311	311	310	310	310	310	310	310	313	317	316	314	312	315
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	66	81	95	182	170	325	250	222	228	274	313	274	308	538	610
Total Assets	1,463	1,724	2,474	2,355	2,478	2,565	2,895	2,790	2,679	3,076	2,820	2,732	2,809	2,728	2,786
+ Payables & Accruals	272	561	661	635	602	345	344	425	423	478	410	404	395	324	337
+ Accounts Payable	57	75	83	72	71	66	68	81	82	89	92	90	84	70	100
+ Accrued Taxes	62	61	44	60	53	42	26	40	17	23	14	12	12	13	21
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	153	425	534	503	479	237	251	304	324	367	304	302	299	242	216
+ ST Debt	2	56	81	100	230	10	102	679	62	58	72	67	349	323	56
+ ST Borrowings	2	56	81	100	230	10	102	679	24	23	29	30	310	284	21
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	37	36	43	37	40	40	36
+ Other ST Liabilities	306	145	180	140	193	437	460	485	480	590	598	506	534	583	620
+ Deferred Revenue	32	49	68	70	64	50	65	66	64	68	63	54	64	75	75
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	274	95	112	70	129	387	395	419	416	522	535	452	470	508	544
Total Current Liabilities	580	762	922	875	1,024	792	907	1,589	964	1,127	1,080	977	1,278	1,230	1,013
+ LT Debt	202	431	850	1,692	1,392	1,438	2,166	1,775	1,949	2,612	2,934	2,855	2,420	2,146	2,127
+ LT Borrowings	202	431	850	1,692	1,392	1,438	2,166	1,775	1,779	2,405	2,732	2,662	2,253	1,977	1,972
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	170	207	202	192	168	170	156
+ Other LT Liabilities	133	135	150	123	114	139	157	150	155	193	196	166	172	153	155
+ Accrued Liabilities	70	63	66	15	- -	15	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	63	72	84	108	114	124	157	150	155	193	196	166	172	153	155
Total Noncurrent Liabilities	335	566	1,000	1,815	1,507	1,578	2,323	1,924	2,104	2,805	3,131	3,021	2,592	2,299	2,282
Total Liabilities	915	1,329	1,922	2,689	2,531	2,369	3,230	3,513	3,069	3,932	4,211	3,998	3,870	3,529	3,295
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	292	304	324	409	438	468	407	342	367	342	318	189	234	278	316
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	292	304	324	409	438	468	407	342	367	342	318	189	234	278	316
- Treasury Stock	- -	- -	- -	- -	- -	- -	329	329	329	329	329	- -	- -	- -	- -
+ Retained Earnings	294	123	247	-665	-326	-66	-248	-526	-215	-687	-1,169	-1,204	-1,062	-808	-580
+ Other Equity	-38	-32	-20	-78	-166	-205	-165	-210	-212	-182	-212	-250	-232	-271	-252
Equity Before Minority Interest	548	395	551	-334	-54	196	-335	-723	-390	-856	-1,392	-1,266	-1,060	-801	-515
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6
Total Equity	548	395	551	-334	-54	196	-335	-723	-390	-856	-1,392	-1,266	-1,060	-801	-509
Total Liabilities & Equity	1,463	1,724	2,474	2,355	2,478	2,565	2,895	2,790	2,679	3,076	2,820	2,732	2,809	2,728	2,786
Shares Outstanding	232	214	202	184	185	186	165	143	137	120	101	98	99	101	103
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	207	243	245	230	207	209	191
Net Debt	-55	154	-42	1,146	732	604	989	1,255	964	1,382	2,160	2,184	1,987	1,845	1,640
Net Debt to Equity	-10.06	38.96	-7.56	-342.82	-1,368.6	307.64	-295.58	-173.47	-247.08	-161.49	-155.23	-172.53	-187.42	-230.28	-321.85
Tangible Common Equity Ratio	12.52	-1.62	6.57	-38.46	-21.94	-9.41	-29.81	-47.19	-34.77	-47.7	-74.95	-72.09	-61.24	-51.59	-39.02
Current Ratio	1.36	1.29	1.78	1.59	1.53	1.85	2.05	1.14	1.54	1.58	1.33	1.39	1.1	0.93	1.13
Cash Conversion Cycle	100.16	114.38	109.46	114.06	125.26	127.9	130.14	121.33	132.12	128.52	138.23	156.5	143.43	141.39	140.52

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	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	415	464	528	309	339	260	214	297	311	373	447	321	142	254	228
+ Depreciation & Amortization	72	74	85	93	98	98	100	100	98	100	108	115	113	121	121
+ Non-Cash Items	-10	6	43	246	126	67	225	172	111	116	124	39	54	-123	20
+ Stock-Based Compensation	24	28	30	46	45	40	42	36	39	51	54	44	48	50	44
+ Deferred Income Taxes	-21	-8	-25	-85	-38	-36	98	-8	15	2	-33	-30	-41	-230	-64
+ Asset Impairment Charge	1	11	30	24	25	16	21	17	19	21	29	38	28	19	26
+ Other Non-Cash Adj	-14	-25	8	261	94	48	64	127	38	42	74	-14	19	38	14
+ Chg in Non-Cash Work Cap	34	23	118	-137	66	-58	52	79	-62	40	-218	-123	48	32	-36
+ (Inc) Dec in Accts Receiv	-10	-28	9	6	-6	- -	-22	3	-14	-6	10	-9	-13	6	-20
+ (Inc) Dec in Inventories	-85	-94	-55	-99	-30	-72	38	-83	-69	-77	-129	-68	58	-30	-28
+ (Inc) Dec in Prepaid Assets	3	- -	-9	-35	20	1	38	-5	28	-12	-49	-12	-14	43	13
+ Inc (Dec) in Accts Payable	93	84	124	6	6	-1	-5	22	- -	6	7	-1	-7	-15	24
+ Inc (Dec) in Other	32	60	49	-14	77	14	3	143	-8	129	-56	-32	24	28	-25
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	511	568	773	511	629	367	591	648	458	629	460	352	358	285	333
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	38	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	38	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-90	-122	-147	-174	-79	-143	-96	-84	-106	-112	-151	-156	-135	-122	-80
+ Acq of Fixed Prod Assets	-90	-122	-147	-174	-79	-143	-96	-84	-106	-112	-151	-156	-135	-122	-80
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-322	-557	-306	-1,292	-17	-13	-844	-750	-17	-924	-1,011	-147	-11	-8	-8
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-322	-557	-306	-1,292	-17	-13	-844	-750	-17	-924	-1,011	-147	-11	-8	-8
+ Net Change in LT Investment	- -	- -	-4	-13	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	-4	-13	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-26
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-26
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-2	-4	- -	-15	5	1	- -	- -	-2	-11	-5	- -	- -	- -	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-92	-125	-151	-201	-73	-142	-95	-84	-108	-123	-156	-156	-135	-85	-109
+ Dividends Paid	-85	-135	-123	-30	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	25	-862	124	937	-455	-239	780	128	-700	607	-277	-234	-213	-306	-284
+ Cash From Debt	914	1,431	763	1,200	- -	200	1,274	1,948	- -	632	1,271	1,406	430	2,173	725
+ Repayments of Debt	-889	-2,293	-639	-263	-455	-439	-494	-1,820	-700	-24	-1,548	-1,640	-644	-2,478	-1,009
+ Other Financing Activities	43	1,183	336	-5	222	- -	-20	29	3	-4	559	116	76	-22	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-339	-371	31	-390	-250	-252	-85	-593	-713	-321	-729	-265	-148	-335	-296
Effect of Foreign Exchange Rates	-11	3	-13	-248	-61	-20	28	-52	-4	22	-19	-26	5	-23	8
Net Changes in Cash	79	72	653	-79	305	-27	410	-29	-364	184	-425	-68	74	-134	-71
EBITDA	634	736	820	607	682	556	717	784	666	741	842	661	470	507	602
EBITDA Margin (%)	18.36	18.07	16.99	12.24	15.25	12.4	16.19	16.02	13.65	13.37	14.51	12.69	9.28	10.16	11.95
Free Cash Flow	420	446	626	338	550	224	495	564	351	517	309	196	222	163	253
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	26
Free Cash Flow to Firm	427	458	646	405	620	295	568	680	457	613	431	301	339	- -	430
Free Cash Flow to Equity	446	-416	750	1,275	95	-15	1,275	693	-348	1,124	32	-38	9	-104	-31
Free Cash Flow per Basic Share	1.79	1.99	3.05	1.96	3.33	1.35	3.13	4.03	2.56	3.93	2.92	1.99	2.25	1.62	2.46
Price/Free Cash Flow	10.73	5.63	9.19	5	6.46	8.12	8.18	12.03	11.98	8.73	7.25	2.91	3.1	1.67	3.23
Cash Flow to Net Income	1.23	1.22	1.47	1.66	1.85	1.41	2.76	2.19	1.47	1.69	1.03	1.1	2.51	1.12	1.46
Capital Expenditures	-90	-122	-147	-174	-79	-143	-96	-84	-106	-112	-151	-156	-135	-122	-80