Honeywell International Inc.

HON

HONHoneywell International Inc. US flag

NASDAQ Global Select

230.02

USD

+3.84

- -

72.88BMarket 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	36,529	37,665	39,055	40,306	38,581	39,302	40,534	41,802	36,709	32,637	34,392	35,466	33,009	34,717	37,442
+ Sales & Services Revenue	36,529	37,665	39,055	40,306	38,581	39,302	40,534	41,802	36,709	32,637	34,392	35,466	33,009	34,717	37,442
- Cost of Revenue	28,556	28,291	28,364	28,957	26,747	27,677	28,144	29,046	24,339	22,169	22,061	22,347	20,637	21,360	23,613
+ Cost of Goods & Services	28,556	28,291	28,364	28,957	26,747	27,677	28,144	29,046	24,339	22,169	22,061	22,347	20,637	21,360	23,613
Gross Profit	7,973	9,374	10,691	11,349	11,834	11,625	12,390	12,756	12,370	10,468	12,331	13,119	12,372	13,357	13,829
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	5,399	5,218	5,190	5,518	5,006	5,574	6,087	6,051	5,519	4,772	6,131	6,692	6,262	6,689	7,262
+ Selling, General & Admin	5,399	5,218	5,190	5,518	5,006	5,574	6,087	6,051	5,519	4,772	4,798	5,214	4,887	5,235	5,450
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,333	1,478	1,375	1,454	1,812
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	2,574	4,156	5,501	5,831	6,828	6,051	6,303	6,705	6,851	5,696	6,200	6,427	6,110	6,668	6,567
- Non-Operating (Income) Loss	292	281	89	13	242	-401	-647	-782	-708	-316	-1,035	48	-81	424	1,091
+ Interest Expense, Net	318	293	258	216	206	232	165	150	102	252	241	276	428	618	975
+ Interest Expense	376	351	327	318	310	338	316	367	357	359	343	414	749	1,048	1,344
- Interest Income	58	58	69	102	104	106	151	217	255	107	102	138	321	430	369
+ Other Non-Op (Income) Loss	-26	-12	-169	-203	36	-633	-812	-932	-810	-568	-1,276	-228	-509	-194	116
Pretax Income	2,282	3,875	5,412	5,818	6,586	6,452	6,950	7,487	7,559	6,012	7,235	6,379	6,191	6,244	5,476
- Income Tax Expense (Benefit)	417	944	1,450	1,489	1,739	1,603	5,362	659	1,329	1,147	1,625	1,412	1,262	1,249	1,008
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1,865	2,931	3,962	4,329	4,847	4,849	1,588	6,828	6,230	4,865	5,610	4,967	4,929	4,995	4,468
- Net Extraordinary Losses (Gains)	-195	10	76	180	158	74	86	126	174	172	136	2	-715	-675	-218
+ Discontinued Operations	209	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	743	745	304
+ Extraord. & Accounting Changes	-404	10	76	180	158	74	86	126	174	172	136	2	-1,458	-1,420	-522
Income (Loss) Incl. MI	2,060	2,921	3,886	4,149	4,689	4,775	1,502	6,702	6,056	4,693	5,474	4,965	5,644	5,670	4,686
- Minority Interest	-7	-5	-38	-90	-79	-37	-43	-63	-87	-86	-68	-1	-14	-35	-43
Net Income, GAAP	2,067	2,926	3,924	4,239	4,768	4,812	1,545	6,765	6,143	4,779	5,542	4,966	5,658	5,705	4,729
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2,067	2,926	3,924	4,239	4,768	4,812	1,545	6,765	6,143	4,779	5,542	4,966	5,658	5,705	4,729
EBIT	2,574	4,156	5,501	5,831	6,828	6,051	6,303	6,705	6,851	5,696	6,200	6,427	6,110	6,668	6,567
EBITDA	3,531	5,082	6,490	6,755	7,711	7,081	7,418	7,821	7,939	6,698	7,423	7,631	7,114	7,820	7,955
EBITDA Margin (%)	9.67	13.49	16.62	16.76	19.99	18.02	18.3	18.71	21.63	20.52	21.58	21.52	21.55	22.52	21.25
EBITA	2,574	4,156	5,501	5,831	6,828	6,051	6,303	6,705	6,851	5,696	6,200	6,427	6,110	6,668	6,567
Gross Margin (%)	21.83	24.89	27.37	28.16	30.67	29.58	30.57	30.52	33.7	32.07	35.85	36.99	37.48	38.47	36.93
Operating Margin (%)	7.05	11.03	14.09	14.47	17.7	15.4	15.55	16.04	18.66	17.45	18.03	18.12	18.51	19.21	17.54
Profit Margin (%)	5.66	7.77	10.05	10.52	12.36	12.24	3.81	16.18	16.73	14.64	16.11	14	17.14	16.43	12.63
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	2.79	3.1	3.44	3.85	4.43	5.01	5.56	6.12	6.77	7.36	7.59	8.03	8.61	8.92	9.31
Depreciation Expense	957	926	989	924	883	1,030	1,115	1,116	1,088	1,002	1,223	1,204	1,004	1,152	1,388
Basic Weighted Avg Shares	390	391	393	392	390	382	381	372	360	352	346	339	332	325	320
Basic EPS, GAAP	5.29	7.48	9.98	10.81	12.23	12.59	4.05	18.21	17.04	13.57	16.01	14.67	17.07	17.53	14.8
Basic EPS from Cont Ops	4.78	7.49	10.08	11.04	12.43	12.69	4.17	18.38	17.28	13.82	16.21	14.67	14.87	15.35	13.98
Diluted Weighted Avg Shares	396	396	399	398	395	388	386	376	365	356	350	342	334	328	321
Diluted EPS, GAAP	5.22	7.39	9.84	10.66	12.08	12.41	4	17.97	16.82	13.44	15.83	14.54	16.94	17.41	14.71
Diluted EPS from Cont Ops	4.71	7.4	9.94	10.89	12.28	12.51	4.11	18.14	17.06	13.68	16.02	14.54	14.75	15.24	13.9

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	16,134	17,598	21,164	22,191	20,053	23,058	26,002	24,362	24,303	28,175	25,372	24,982	23,502	27,908	30,387
+ Cash, Cash Equivalents & STI	4,182	4,634	6,422	6,959	5,455	9,363	10,817	10,910	10,416	15,220	11,523	10,110	8,095	10,292	12,930
+ Cash & Cash Equivalents	3,698	4,634	6,422	6,959	5,455	7,843	7,059	9,287	9,067	14,275	10,959	9,627	7,925	9,906	12,487
+ ST Investments	484	- -	- -	- -	- -	1,520	3,758	1,623	1,349	945	564	483	170	386	443
+ Accounts & Notes Receiv	7,228	7,429	7,929	7,960	8,075	8,177	8,866	7,508	7,493	6,827	6,830	7,440	7,530	7,247	7,621
+ Accounts Receivable, Net	6,926	6,940	7,530	7,788	7,901	8,177	8,866	7,508	7,493	6,827	6,830	7,440	7,530	7,247	7,621
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	302	489	399	172	174	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	4,264	4,235	4,293	4,405	4,420	4,366	4,613	4,326	4,421	4,489	5,138	5,538	6,178	5,884	6,162
+ Raw Materials	1,222	1,152	1,121	1,124	1,120	1,104	1,193	1,109	1,056	1,079	1,352	1,407	1,704	1,447	1,638
+ Work In Process	958	859	841	815	826	775	790	811	817	798	861	1,049	1,217	1,153	1,203
+ Finished Goods	2,253	2,421	2,497	2,634	2,590	2,552	2,669	2,445	2,593	2,612	2,925	3,082	3,257	3,284	3,321
+ Inventory Adjustments	-169	-197	-166	-168	-116	-65	-39	-39	-45	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	460	1,300	2,520	2,867	2,103	1,152	1,706	1,618	1,973	1,639	1,881	1,894	1,699	4,485	3,674
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	23,674	24,255	24,271	23,260	29,263	31,088	33,468	33,411	34,376	36,411	39,098	37,293	38,023	47,288	43,294
+ Property, Plant & Equip, Net	4,804	5,001	5,278	5,383	5,789	5,793	5,926	5,296	5,325	5,570	5,562	5,471	5,660	4,457	4,629
+ Property, Plant & Equip	13,723	14,027	14,617	14,502	14,908	14,507	15,187	13,410	13,713	14,337	14,450	14,762	15,334	11,711	12,060
- Accumulated Depreciation	8,919	9,026	9,339	9,119	9,119	8,714	9,261	8,114	8,388	8,767	8,888	9,291	9,674	7,254	7,431
+ LT Investments & Receivables	362	424	393	465	517	587	667	742	588	685	1,222	945	939	1,230	1,404
+ LT Investments	362	424	393	465	517	587	667	742	588	685	1,222	945	939	1,230	1,404
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	18,508	18,830	18,600	17,412	22,957	24,708	26,875	27,373	28,463	30,156	32,314	30,877	31,424	41,601	37,261
+ Total Intangible Assets	14,335	14,874	15,560	14,996	20,472	22,341	22,773	19,685	19,297	19,618	21,369	20,719	21,280	27,640	27,815
+ Goodwill	11,858	12,425	13,046	12,788	15,895	17,707	18,277	15,546	15,563	16,058	17,756	17,497	18,049	21,019	21,079
+ Other Intangible Assets	2,477	2,449	2,514	2,208	4,577	4,634	4,496	4,139	3,734	3,560	3,613	3,222	3,231	6,621	6,736
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	4,173	3,956	3,040	2,416	2,485	2,367	4,102	7,688	9,166	10,538	10,945	10,158	10,144	13,961	9,446
Total Assets	39,808	41,853	45,435	45,451	49,316	54,146	59,470	57,773	58,679	64,586	64,470	62,275	61,525	75,196	73,681
+ Payables & Accruals	7,592	8,066	8,171	8,288	8,281	8,846	9,708	8,419	8,772	8,567	9,317	10,304	9,414	8,994	8,984
+ Accounts Payable	4,738	4,736	5,174	5,365	5,580	5,690	6,584	5,607	5,730	5,750	6,484	6,329	6,849	6,109	6,315
+ Accrued Taxes	551	780	489	504	467	720	411	400	492	588	662	723	856	1,209	1,006
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	2,303	2,550	2,508	2,419	2,234	2,436	2,713	2,412	2,550	2,229	2,171	3,252	1,709	1,676	1,663
+ ST Debt	674	1,101	2,028	2,637	6,514	3,593	5,309	6,458	5,063	6,229	5,530	4,639	4,077	5,774	7,613
+ ST Borrowings	674	1,101	2,028	2,637	6,514	3,593	5,309	6,458	4,892	6,042	5,345	4,447	3,881	5,598	7,439
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	171	187	185	192	196	176	174
+ Other ST Liabilities	4,009	3,878	3,982	3,848	3,576	3,892	3,844	4,047	4,263	4,401	4,661	4,995	5,048	6,488	6,817
+ Deferred Revenue	1,914	2,127	2,172	2,094	1,863	2,151	2,198	2,403	2,490	2,932	3,163	3,555	3,499	3,429	3,860
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	2,095	1,751	1,810	1,754	1,713	1,741	1,646	1,644	1,773	1,469	1,498	1,440	1,549	3,059	2,957
Total Current Liabilities	12,275	13,045	14,181	14,773	18,371	16,331	18,861	18,924	18,098	19,197	19,508	19,938	18,539	21,256	23,414
+ LT Debt	6,881	6,395	6,801	6,046	5,554	12,182	12,573	9,756	11,644	16,983	15,101	15,898	17,459	26,303	27,950
+ LT Borrowings	6,881	6,395	6,801	6,046	5,554	12,182	12,573	9,756	11,110	16,342	14,254	15,123	16,562	25,440	27,141
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	534	641	847	775	897	863	809
+ Other LT Liabilities	9,750	9,198	6,707	6,629	6,683	6,083	11,366	10,728	10,224	10,609	10,612	9,113	9,086	8,476	7,287
+ Accrued Liabilities	753	675	848	329	657	567	2,740	2,977	2,980	3,469	3,688	3,427	3,265	2,747	2,688
+ Pension Liabilities	5,725	5,805	2,775	3,408	2,987	2,557	2,498	2,139	2,199	2,165	1,880	1,452	1,476	1,315	1,258
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	3,272	2,718	3,084	2,892	3,039	2,959	6,128	5,612	5,045	4,975	5,044	4,234	4,345	4,414	3,341
Total Noncurrent Liabilities	16,631	15,593	13,508	12,675	12,237	18,265	23,939	20,484	21,868	27,592	25,713	25,011	26,545	34,779	35,237
Total Liabilities	28,906	28,638	27,689	27,448	30,608	34,596	42,800	39,408	39,966	46,789	45,221	44,949	45,084	56,035	58,651
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	5,115	5,316	5,640	5,996	6,335	6,739	7,170	7,410	7,834	8,250	9,099	9,522	10,020	10,653	11,115
+ Common Stock	958	958	958	958	958	958	958	958	958	958	958	958	958	958	958
+ Additional Paid in Capital	4,157	4,358	4,682	5,038	5,377	5,781	6,212	6,452	6,876	7,292	8,141	8,564	9,062	9,695	10,157
- Treasury Stock	8,948	8,801	9,374	9,995	11,664	13,366	15,914	19,771	23,836	27,229	30,462	34,443	38,008	39,378	43,029
+ Retained Earnings	16,083	17,799	20,383	23,115	26,147	28,710	27,481	33,978	37,693	39,905	42,827	45,093	47,979	50,835	50,964
+ Other Equity	-1,444	-1,339	818	-1,459	-2,535	-2,714	-2,235	-3,437	-3,197	-3,377	-2,895	-3,475	-4,135	-3,491	-5,146
Equity Before Minority Interest	10,806	12,975	17,467	17,657	18,283	19,369	16,502	18,180	18,494	17,549	18,569	16,697	15,856	18,619	13,904
+ Minority/Non Controlling Interest	96	240	279	346	425	181	168	185	219	248	680	629	585	542	1,126
Total Equity	10,902	13,215	17,746	18,003	18,708	19,550	16,670	18,365	18,713	17,797	19,249	17,326	16,441	19,161	15,030
Total Liabilities & Equity	39,808	41,853	45,435	45,451	49,316	54,146	59,470	57,773	58,679	64,586	64,470	62,275	61,525	75,196	73,681
Shares Outstanding	387	391	392	391	381	380	375	365	356	348	342	334	326	325	318
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	705	828	1,032	967	1,093	1,039	983
Net Debt	3,857	2,862	2,407	1,724	6,613	7,932	10,823	6,927	6,935	8,109	8,640	9,943	12,518	21,132	22,093
Net Debt to Equity	35.38	21.66	13.56	9.58	35.35	40.57	64.93	37.72	37.06	45.56	44.89	57.39	76.14	110.29	146.99
Tangible Common Equity Ratio	-13.48	-6.15	7.32	9.87	-6.12	-8.78	-16.63	-3.47	-1.48	-4.05	-4.92	-8.16	-12.02	-17.83	-27.87
Current Ratio	1.31	1.35	1.49	1.5	1.09	1.41	1.38	1.29	1.34	1.47	1.3	1.25	1.27	1.31	1.3
Cash Conversion Cycle	29.72	60.83	58.85	58.01	59.79	58.13	56.06	50.29	55.49	59.21	53.8	57.82	73.34	68.48	70.67

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	2,074	2,931	3,962	4,329	4,847	4,849	1,588	6,828	6,230	4,865	5,610	4,967	4,929	4,995	4,468
+ Depreciation & Amortization	957	926	989	924	883	1,030	1,115	1,116	1,088	1,002	1,223	1,204	1,004	1,152	1,388
+ Non-Cash Items	-70	118	-22	-409	-48	-197	3,826	-1,796	-465	-1,022	-1,083	-152	-1,522	-751	571
+ Stock-Based Compensation	168	170	170	187	175	184	176	175	153	168	217	188	197	189	196
+ Deferred Income Taxes	-331	84	262	132	315	78	2,452	-586	179	-175	178	-180	189	-229	18
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	219	994
+ Other Non-Cash Adj	93	-136	-454	-728	-538	-459	1,198	-1,385	-797	-1,015	-1,478	-160	-1,908	-930	-637
+ Chg in Non-Cash Work Cap	-128	-458	-594	236	-163	-184	-563	286	44	1,363	288	-745	48	-284	-352
+ (Inc) Dec in Accts Receiv	-316	-119	-365	-172	201	-547	-682	-236	11	669	-8	-739	67	-129	-825
+ (Inc) Dec in Inventories	-310	25	41	-200	230	-18	-259	-503	-100	-67	-685	-440	-549	-286	-636
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	473	-286	151	488	-684	487	946	807	563	570	1,257	202	714	311	2,049
+ Inc (Dec) in Other	25	-78	-421	120	90	-106	-568	218	-430	191	-276	232	-184	-180	-940
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	881	985	333
Cash from Operating Activities	2,833	3,517	4,335	5,080	5,519	5,498	5,966	6,434	6,897	6,208	6,038	5,274	5,340	6,097	6,408
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	6	5	15	18	15	21	86	15	43	57	27	29	43	- -	31
+ Disp of Fixed Prod Assets	6	5	15	18	15	21	86	15	43	57	27	29	43	- -	31
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-798	-884	-947	-1,094	-1,073	-1,095	-1,031	-828	-839	-906	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-798	-884	-947	-1,094	-1,073	-1,095	-1,031	-828	-839	-906	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-781	25	-626	-659	-1,698	-1,670	-2,369	-3,733	-3,902	-3,321	-3,151	-3,880	-3,519	-1,118	-3,567
+ Increase in Capital Stock	304	342	447	265	186	409	520	267	498	393	229	320	196	537	237
+ Decrease in Capital Stock	-1,085	-317	-1,073	-924	-1,884	-2,079	-2,889	-4,000	-4,400	-3,714	-3,380	-4,200	-3,715	-1,655	-3,804
+ Net Change in LT Investment	-26	-143	-98	-786	-127	-273	-2,329	2,375	313	123	344	413	417	-113	-433
+ Dec in LT Investment	354	559	1,122	3,288	6,587	3,681	4,414	6,434	4,566	3,508	2,717	1,624	977	964	1,469
+ Inc in LT Investment	-380	-702	-1,220	-4,074	-6,714	-3,954	-6,743	-4,059	-4,253	-3,385	-2,373	-1,211	-560	-1,077	-1,902
+ Net Cash From Acq & Div	183	-417	-1,130	156	-5,227	-2,277	-82	-535	-50	-261	-1,123	-178	-714	-8,880	-1,054
+ Cash from Divestitures	1,156	21	3	160	1	296	- -	- -	- -	- -	203	- -	4	- -	1,157
+ Cash for Acq of Subs	-973	-438	-1,133	-4	-5,228	-2,573	-82	-535	-50	-261	-1,326	-178	-718	-8,880	-2,211
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	24	11	201	-170	-102	282	-218	- -	- -	- -	-309	-357	-1,039	-1,164	-1,255
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-298	-293	-269
Cash from Investing Activities	-611	-1,428	-1,959	-1,876	-6,514	-3,342	-3,574	1,027	-533	-987	-1,061	-93	-1,293	-10,157	-2,711
+ Dividends Paid	-1,091	-1,211	-1,353	-1,510	-1,726	-1,915	-2,119	-2,272	-2,442	-2,592	-2,626	-2,719	-2,855	-2,902	-2,976
+ Net Cash From Debt	716	101	456	-203	3,445	3,942	1,115	-1,507	-177	5,891	-2,396	317	583	10,856	2,608
+ Cash From Debt	1,690	102	1,063	406	13,052	28,242	14,939	23,918	16,925	20,599	7,711	10,614	15,977	24,246	28,332
+ Repayments of Debt	-974	-1	-607	-609	-9,607	-24,300	-13,824	-25,425	-17,102	-14,708	-10,107	-10,297	-15,394	-13,390	-25,724
+ Other Financing Activities	42	-121	1,090	44	16	-11	-143	2,480	-79	-59	-81	-48	28	3	1,982
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-1,114	-1,206	-433	-2,328	37	346	-3,516	-5,032	-6,600	-81	-8,254	-6,330	-5,763	6,839	-1,953
Effect of Foreign Exchange Rates	-60	53	-155	-339	-546	-114	340	-201	16	68	-39	-183	14	-137	176
Net Changes in Cash	1,108	883	1,943	876	-958	2,502	-1,124	2,429	-236	5,140	-3,277	-1,149	-1,716	2,779	1,744
EBITDA	3,531	5,082	6,490	6,755	7,711	7,081	7,418	7,821	7,939	6,698	7,423	7,631	7,114	7,820	7,955
EBITDA Margin (%)	9.67	13.49	16.62	16.76	19.99	18.02	18.3	18.71	21.63	20.52	21.58	21.52	21.55	22.52	21.25
Free Cash Flow	2,035	2,633	3,388	3,986	4,446	4,403	4,935	5,606	6,058	5,302	6,038	5,274	5,340	6,097	6,408
Net Cash Paid for Acquisitions	-183	417	1,130	-156	5,227	2,277	82	535	50	261	1,123	178	714	8,880	1,054
Free Cash Flow to Firm	2,342	2,898	3,627	4,223	4,674	4,657	5,007	5,941	6,352	5,593	6,304	5,596	5,936	6,935	7,505
Free Cash Flow to Equity	2,757	2,739	3,859	3,801	7,906	8,366	6,136	4,114	5,924	11,250	3,669	5,620	5,966	16,953	9,047
Free Cash Flow per Basic Share	5.21	6.73	8.62	10.16	11.4	11.52	12.95	15.09	16.8	15.06	17.44	15.58	16.11	18.73	20.06
Price/Free Cash Flow	11.28	10.87	13.13	12.25	11.81	13.04	16.2	13.7	16.71	21.26	24.19	27.76	26.24	24.28	19.57
Cash Flow to Net Income	1.37	1.2	1.1	1.2	1.16	1.14	3.86	0.95	1.12	1.3	1.09	1.06	0.94	1.07	1.36
Capital Expenditures	-798	-884	-947	-1,094	-1,073	-1,095	-1,031	-828	-839	-906	- -	- -	- -	- -	- -