1. United States of America Stocks

  2. •

    Consumer Cyclical

  3. •

    Packaging & Containers
International Paper Company

International Paper Company

IP
International Paper CompanyUS flagNew York Stock Exchange
36.15
USD
-0.24
- -
19.14BMarket Cap

Income Statement (USD)

MCPAPIChat
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
26,034
21,852
23,483
23,617
20,675
19,495
21,743
23,306
18,317
17,565
19,363
21,161
16,033
15,835
23,634
+ Sales & Services Revenue
26,034
21,852
23,483
23,617
20,675
19,495
21,743
23,306
18,317
17,565
19,363
21,161
16,033
15,835
23,634
- Cost of Revenue
18,960
15,287
16,282
16,254
14,313
13,419
14,802
15,555
12,669
12,339
13,832
15,143
11,512
11,397
16,637
+ Cost of Goods & Services
18,960
15,287
16,282
16,254
14,313
13,419
14,802
15,555
12,669
12,339
13,832
15,143
11,512
11,397
16,637
Gross Profit
7,074
6,565
7,201
7,363
6,362
6,076
6,941
7,751
5,648
5,226
5,531
6,018
4,521
4,438
6,997
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
4,755
4,776
5,088
4,900
4,112
3,973
4,567
4,789
3,904
3,867
4,065
4,264
3,770
3,853
7,007
+ Selling, General & Admin
3,277
3,144
3,379
3,314
2,787
2,695
3,055
3,290
2,699
2,640
2,829
3,076
2,497
2,883
4,050
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Operating Expense
1,478
1,632
1,709
1,586
1,325
1,278
1,512
1,499
1,205
1,227
1,236
1,188
1,273
970
2,957
Operating Income (Loss)
2,319
1,789
2,113
2,463
2,250
2,103
2,374
2,962
1,744
1,359
1,466
1,754
751
585
-10
- Non-Operating (Income) Loss
861
822
885
1,591
1,118
1,308
1,526
1,181
823
1,030
467
243
349
216
3,358
+ Interest Expense, Net
541
671
612
607
555
520
572
536
499
446
337
325
230
214
372
+ Interest Expense
596
742
669
677
644
695
758
734
701
597
430
403
418
432
551
- Interest Income
55
71
57
70
89
175
186
198
202
151
93
78
188
218
179
+ Other Non-Op (Income) Loss
320
151
273
984
563
788
954
645
324
584
130
-82
119
2
2,986
Pretax Income
1,458
967
1,228
872
1,132
795
848
1,781
921
329
999
1,511
402
369
-3,368
- Income Tax Expense (Benefit)
311
306
-498
123
417
193
-1,085
445
477
176
188
-236
68
-361
-533
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
1,287
722
1,687
549
832
800
2,110
1,672
694
230
813
1,741
313
725
-2,838
- Net Extraordinary Losses (Gains)
-21
-67
275
-25
-127
-106
-34
-335
-536
-252
-937
237
25
168
678
+ Discontinued Operations
49
77
-309
-13
85
102
34
345
526
252
941
-237
-25
-168
-678
+ Extraord. & Accounting Changes
-70
-144
584
-12
-212
-208
-68
-680
-1,062
-504
-1,878
474
50
336
1,356
Income (Loss) Incl. MI
1,308
789
1,412
574
959
906
2,144
2,007
1,230
482
1,750
1,504
288
557
-3,516
- Minority Interest
-14
-5
17
19
21
2
- -
-5
5
- -
-2
- -
- -
- -
- -
Net Income, GAAP
1,322
794
1,395
555
938
904
2,144
2,012
1,225
482
1,752
1,504
288
557
-3,516
- Preferred Dividends
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
1,322
794
1,395
555
938
904
2,144
2,012
1,225
482
1,752
1,504
288
557
-3,516
EBIT
2,319
1,789
2,113
2,463
2,250
2,103
2,374
2,962
1,744
1,359
1,466
1,754
751
585
-10
EBITDA
3,651
3,275
3,660
3,877
3,544
3,330
3,797
4,290
3,050
2,646
2,676
2,794
2,183
1,890
2,872
EBITDA Margin (%)
14.02
14.99
15.59
16.42
17.14
17.08
17.46
18.41
16.65
15.06
13.82
13.2
13.62
11.94
12.15
EBITA
2,319
1,789
2,113
2,463
2,250
2,103
2,374
2,962
1,744
1,359
1,466
1,754
751
585
-10
Gross Margin (%)
27.17
30.04
30.66
31.18
30.77
31.17
31.92
33.26
30.83
29.75
28.56
28.44
28.2
28.03
29.61
Operating Margin (%)
8.91
8.19
9
10.43
10.88
10.79
10.92
12.71
9.52
7.74
7.57
8.29
4.68
3.69
-0.04
Profit Margin (%)
5.08
3.63
5.94
2.35
4.54
4.64
9.86
8.63
6.69
2.74
9.05
7.11
1.8
3.52
-14.88
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.99
1.09
1.25
1.45
1.64
1.78
1.86
1.93
2.01
2.06
2
1.85
1.85
1.85
1.93
Depreciation Expense
1,332
1,486
1,547
1,414
1,294
1,227
1,423
1,328
1,306
1,287
1,210
1,040
1,432
1,305
2,882
Basic Weighted Avg Shares
432
436
443
427
417
411
413
410
395
392
389
363
347
348
506
Basic EPS, GAAP
3.06
1.82
3.15
1.3
2.25
2.2
5.19
4.91
3.1
1.23
4.5
4.14
0.83
1.6
-6.95
Basic EPS from Cont Ops
2.98
1.65
3.81
1.29
2
1.95
5.11
4.08
1.76
0.59
2.09
4.79
0.9
2.08
-5.61
Diluted Weighted Avg Shares
437
440
448
432
421
416
418
414
399
396
392
367
349
354
506
Diluted EPS, GAAP
3.03
1.8
3.11
1.28
2.23
2.18
5.13
4.86
3.07
1.22
4.46
4.1
0.82
1.57
-6.95
Diluted EPS from Cont Ops
2.95
1.64
3.76
1.27
1.98
1.92
5.05
4.04
1.74
0.58
2.07
4.74
0.9
2.05
-5.61

Balance Sheet (USD)

MCPAPIChat
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
10,456
8,905
9,025
7,959
6,477
6,670
8,277
6,996
6,639
11,236
7,096
6,770
6,608
6,424
10,106
+ Cash, Cash Equivalents & STI
3,994
1,302
1,802
1,881
1,050
1,033
1,018
589
511
5,318
1,540
804
1,113
1,062
1,145
+ Cash & Cash Equivalents
3,994
1,302
1,802
1,881
1,050
1,033
1,018
589
511
468
1,295
804
1,113
1,062
1,145
+ ST Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
4,850
245
- -
- -
- -
- -
+ Accounts & Notes Receiv
3,486
3,562
3,756
3,083
2,675
2,852
3,287
3,916
3,673
2,963
3,610
3,765
3,492
2,764
4,426
+ Accounts Receivable, Net
3,486
3,562
3,756
3,083
2,675
2,852
3,287
3,521
3,280
2,632
3,232
3,284
2,841
2,402
3,791
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
218
263
- -
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
- -
- -
- -
- -
- -
- -
- -
395
393
331
378
481
433
99
635
+ Inventories
2,320
2,730
2,825
2,424
2,228
2,233
2,313
2,241
2,208
1,626
1,814
1,942
1,889
1,486
2,012
+ Raw Materials
758
948
944
1,056
902
902
889
901
957
712
731
783
851
689
1,138
+ Work In Process
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Finished Goods
1,503
1,728
1,834
1,273
1,248
1,231
1,337
1,241
1,192
876
1,014
1,071
975
767
792
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
59
54
47
95
78
100
87
99
59
38
69
88
63
30
82
+ Other ST Assets
656
1,311
642
571
524
552
1,659
250
247
1,329
132
259
114
1,112
2,523
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
16,562
23,248
22,503
20,725
24,054
26,423
25,626
26,580
26,832
20,482
18,147
17,170
16,653
16,376
27,858
+ Property, Plant & Equip, Net
11,817
13,949
13,672
12,728
11,980
13,003
13,265
13,067
13,438
11,332
10,806
10,855
10,598
8,318
15,140
+ Property, Plant & Equip
30,408
32,883
33,746
33,068
32,708
32,251
33,814
33,561
33,950
28,140
28,362
29,226
30,159
24,662
33,490
- Accumulated Depreciation
18,591
18,934
20,074
20,340
20,728
19,248
20,549
20,494
20,512
16,808
17,556
18,371
19,561
16,344
18,350
+ LT Investments & Receivables
657
2,995
2,860
2,393
7,242
7,393
7,441
8,718
8,809
3,435
2,469
2,480
2,475
2,331
2,349
+ LT Investments
657
2,995
2,860
2,393
7,242
7,393
7,441
8,718
8,809
3,435
2,469
2,480
2,475
2,331
2,349
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
4,088
6,304
5,971
5,604
4,832
6,027
4,920
4,795
4,585
5,715
4,872
3,835
3,580
5,727
10,369
+ Total Intangible Assets
2,667
5,181
4,635
4,312
3,730
3,911
3,893
3,767
3,715
3,416
3,398
3,261
3,224
3,110
9,369
+ Goodwill
2,346
4,315
3,987
3,773
3,335
3,364
3,411
3,374
3,347
3,115
3,130
3,041
3,041
3,038
5,326
+ Other Intangible Assets
321
866
648
539
395
547
482
393
368
301
268
220
183
72
4,043
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
1,421
1,123
1,336
1,292
1,102
2,116
1,027
1,028
870
2,299
1,474
574
356
2,617
1,000
Total Assets
27,018
32,153
31,528
28,684
30,531
33,093
33,903
33,576
33,471
31,718
25,243
23,940
23,261
22,800
37,964
+ Payables & Accruals
3,976
4,510
4,466
4,167
3,498
2,600
2,943
2,948
2,889
2,445
3,046
3,063
2,839
2,790
4,736
+ Accounts Payable
2,500
2,775
2,900
2,664
2,078
2,199
2,458
2,413
2,423
2,035
2,606
2,708
2,442
2,110
3,902
+ Accrued Taxes
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
1,476
1,735
1,566
1,503
1,420
401
485
535
466
410
440
355
397
680
834
+ ST Debt
719
444
661
742
426
239
311
639
4,388
4,246
196
763
138
191
992
+ ST Borrowings
719
444
661
742
426
239
311
639
4,388
4,246
196
763
138
191
992
+ ST Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Liabilities
43
44
- -
- -
- -
1,230
1,848
1,107
1,369
1,593
902
1,174
982
1,277
2,171
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
43
44
- -
- -
- -
1,230
1,848
1,107
1,369
1,593
902
1,174
982
1,277
2,171
Total Current Liabilities
4,738
4,998
5,127
4,909
3,924
4,069
5,102
4,694
8,646
8,284
4,144
5,000
3,959
4,258
7,899
+ LT Debt
9,189
11,732
10,870
10,681
15,121
17,359
17,137
16,313
11,986
8,298
5,619
5,099
5,767
5,631
9,325
+ LT Borrowings
9,189
11,732
10,870
10,681
15,121
17,359
17,137
16,313
11,682
8,042
5,383
4,816
5,455
5,362
8,839
+ LT Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
304
256
236
283
312
269
486
+ Other LT Liabilities
6,106
8,787
7,247
7,831
7,577
7,306
5,123
5,186
5,121
7,268
6,398
5,344
5,180
4,738
5,913
+ Accrued Liabilities
2,497
3,026
3,765
3,063
3,231
3,127
2,291
2,600
2,633
2,572
2,618
1,732
1,552
1,028
1,898
+ Pension Liabilities
2,851
4,585
2,617
4,215
3,912
3,730
2,265
2,026
1,848
1,267
582
431
420
365
449
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
758
1,176
865
553
434
449
567
560
640
3,429
3,198
3,181
3,208
3,345
3,566
Total Noncurrent Liabilities
15,295
20,519
18,117
18,512
22,698
24,665
22,260
21,499
17,107
15,566
12,017
10,443
10,947
10,369
15,238
Total Liabilities
20,033
25,517
23,244
23,421
26,622
28,734
27,362
26,193
25,753
23,850
16,161
15,443
14,906
14,627
23,137
+ Preferred Equity and Hybrid Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
6,347
6,482
6,910
6,694
6,692
6,638
6,655
6,729
6,746
6,774
5,117
5,174
5,179
5,181
15,041
+ Common Stock
439
440
447
449
449
449
449
449
449
449
449
449
449
449
627
+ Additional Paid in Capital
5,908
6,042
6,463
6,245
6,243
6,189
6,206
6,280
6,297
6,325
4,668
4,725
4,730
4,732
14,414
- Treasury Stock
52
- -
492
1,342
1,749
1,753
1,680
2,332
2,702
2,648
3,398
4,607
4,750
4,679
4,571
+ Retained Earnings
3,355
3,662
4,446
4,409
4,649
4,818
6,180
7,465
8,408
8,070
9,029
9,855
9,491
9,393
4,885
+ Other Equity
-3,005
-3,840
-2,759
-4,646
-5,708
-5,362
-4,633
-4,500
-4,739
-4,342
-1,666
-1,925
-1,565
-1,722
-528
Equity Before Minority Interest
6,645
6,304
8,105
5,115
3,884
4,341
6,522
7,362
7,713
7,854
9,082
8,497
8,355
8,173
14,827
+ Minority/Non Controlling Interest
340
332
179
148
25
18
19
21
5
14
- -
- -
- -
- -
- -
Total Equity
6,985
6,636
8,284
5,263
3,909
4,359
6,541
7,383
7,718
7,868
9,082
8,497
8,355
8,173
14,827
Total Liabilities & Equity
27,018
32,153
31,528
28,684
30,531
33,093
33,903
33,576
33,471
31,718
25,243
23,940
23,261
22,800
37,964
Shares Outstanding
437
440
436
420
412
411
413
401
392
393
378
350
346
347
528
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
- -
- -
- -
- -
- -
- -
304
256
236
283
312
269
486
Net Debt
5,914
10,874
9,729
9,542
14,497
16,565
16,430
16,363
15,559
11,820
4,284
4,775
4,480
4,491
8,686
Net Debt to Equity
84.67
163.86
117.44
181.3
370.86
380.02
251.18
221.63
201.59
150.23
47.17
56.2
53.62
54.95
58.58
Tangible Common Equity Ratio
17.73
5.39
13.57
3.9
0.67
1.54
8.82
12.13
13.45
15.73
26.02
25.32
25.61
25.71
19.09
Current Ratio
2.21
1.78
1.76
1.62
1.65
1.64
1.62
1.49
0.77
1.36
1.71
1.35
1.67
1.51
1.28
Cash Conversion Cycle
41.93
57.82
55.9
47.73
48.84
54.26
50.47
49.33
62
48.93
40.24
37.96
48.43
38.91
22.27

Cash Flow Statement (USD)

MCPAPIChat
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
1,287
799
1,378
536
917
902
2,144
2,017
1,220
482
1,754
1,504
288
557
-3,516
+ Depreciation & Amortization
1,332
1,486
1,547
1,414
1,294
1,227
1,423
1,328
1,306
1,287
1,210
1,040
1,432
1,305
2,882
+ Non-Cash Items
561
591
559
1,285
591
278
-1,408
320
742
970
-508
-225
115
-174
3,166
+ Stock-Based Compensation
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Income Taxes
317
204
-629
-135
281
136
-1,113
133
212
9
-291
-773
-156
-473
-855
+ Asset Impairment Charge
- -
- -
514
100
137
- -
-6
- -
- -
- -
- -
- -
- -
- -
2,467
+ Other Non-Cash Adj
244
387
674
1,320
173
142
-289
187
530
961
-217
548
271
299
1,554
+ Chg in Non-Cash Work Cap
-505
84
-486
-158
-222
71
-402
-439
342
324
-426
-145
-2
-10
-834
+ (Inc) Dec in Accts Receiv
-128
377
-134
-97
7
-94
-370
-374
248
94
-645
-162
303
95
70
+ (Inc) Dec in Inventories
-56
-28
-114
-103
-131
11
-87
-236
-1
35
-263
-162
73
12
158
+ (Inc) Dec in Prepaid Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc (Dec) in Accts Payable
-383
-243
-167
-36
-106
139
115
143
120
86
487
151
-421
-124
-1,005
+ Inc (Dec) in Other
62
-22
-71
78
8
15
-60
28
-25
109
-5
28
43
7
-57
+ Net Cash From Disc Ops
- -
7
30
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
2,675
2,967
3,028
3,077
2,580
2,478
1,757
3,226
3,610
3,063
2,030
2,174
1,833
1,678
1,698
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
- -
- -
65
61
37
19
26
23
18
8
101
13
4
91
218
+ Disp of Fixed Prod Assets
- -
- -
65
61
37
19
26
23
18
8
101
13
4
91
218
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
-1,159
-1,383
-1,198
-1,366
-1,487
-1,348
-1,391
-1,572
-1,276
-751
-549
-931
-1,141
-921
-1,857
+ Acq of Fixed Prod Assets
-1,159
-1,383
-1,198
-1,366
-1,487
-1,348
-1,391
-1,572
-1,276
-751
-549
-931
-1,141
-921
-1,857
+ Acq of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
-30
73
-214
-996
-603
-132
-47
-732
-535
-42
-839
-1,284
-218
-23
-65
+ Increase in Capital Stock
- -
108
298
66
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Decrease in Capital Stock
-30
-35
-512
-1,062
-605
-132
-47
-732
-535
-42
-839
-1,284
-218
-23
-65
+ Net Change in LT Investment
-1,159
-1,383
-1,198
-1,366
-1,487
-1,348
-1,391
-1,572
-1,276
- -
- -
311
- -
- -
- -
+ Dec in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
311
- -
- -
- -
+ Inc in LT Investment
-1,159
-1,383
-1,198
-1,366
-1,487
-1,348
-1,391
-1,572
-1,276
- -
- -
- -
- -
- -
- -
+ Net Cash From Acq & Div
-329
-3,305
221
411
-175
-2,120
-41
-48
-22
475
6,505
- -
472
- -
555
+ Cash from Divestitures
50
474
726
411
23
108
4
- -
81
540
6,585
- -
472
- -
555
+ Cash for Acq of Subs
-379
-3,779
-505
- -
-198
-2,228
-45
-48
-103
-65
-80
- -
- -
- -
- -
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
1,160
1,213
1,283
1,400
1,373
1,299
1,406
1,600
1,256
-1
-3
-1
-3
22
60
+ Net Cash From Disc Ops
- -
-90
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-1,487
-4,858
-827
-860
-1,739
-3,498
-1,391
-1,569
-1,300
-269
6,054
-608
-668
-808
-1,024
+ Dividends Paid
-427
-476
-554
-620
-685
-733
-769
-789
-796
-806
-780
-673
-642
-643
-977
+ Net Cash From Debt
1,249
-356
-604
-113
-74
1,892
483
-518
-991
-1,883
-5,673
-95
3
-39
154
+ Cash From Debt
1,766
2,132
241
1,982
6,873
3,830
1,907
490
534
583
1,512
1,011
783
102
409
+ Repayments of Debt
-517
-2,488
-845
-2,095
-6,947
-1,938
-1,424
-1,008
-1,525
-2,466
-7,185
-1,106
-780
-141
-255
+ Other Financing Activities
-50
-36
-316
-357
-239
-45
-66
-7
-67
31
-83
-2
-9
-70
180
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
742
-795
-1,688
-2,086
-1,601
982
-399
-2,046
-2,389
-2,700
-7,375
-2,054
-866
-775
-708
Effect of Foreign Exchange Rates
-9
-6
-13
-52
-71
21
18
-40
1
-8
-9
-3
10
-38
25
Net Changes in Cash
1,930
-2,686
513
131
-760
-38
-33
-389
-79
94
709
-488
299
95
-34
EBITDA
3,651
3,275
3,660
3,877
3,544
3,330
3,797
4,290
3,050
2,646
2,676
2,794
2,183
1,890
2,872
EBITDA Margin (%)
14.02
14.99
15.59
16.42
17.14
17.08
17.46
18.41
16.65
15.06
13.82
13.2
13.62
11.94
12.15
Free Cash Flow
1,516
1,584
1,830
1,711
1,093
1,130
366
1,654
2,334
2,312
1,481
1,243
692
757
-159
Net Cash Paid for Acquisitions
329
3,305
-221
-411
175
2,120
41
48
22
-475
-6,505
- -
-472
- -
-555
Free Cash Flow to Firm
1,985
2,091
- -
2,293
1,500
1,656
- -
2,205
2,672
2,590
1,830
- -
1,039
- -
- -
Free Cash Flow to Equity
2,765
1,228
1,291
1,659
1,056
3,041
875
1,159
1,361
437
-4,091
1,161
699
809
213
Free Cash Flow per Basic Share
3.51
3.63
4.13
4.01
2.62
2.75
0.89
4.04
5.91
5.9
3.8
3.42
1.99
2.17
-0.31
Price/Free Cash Flow
3.15
3.76
4.85
4.93
3.69
5.46
7.28
3.3
3.56
4.88
7.15
4.09
4.24
7.33
5.61
Cash Flow to Net Income
2.02
3.74
2.17
5.54
2.75
2.74
0.82
1.6
2.95
6.35
1.16
1.45
6.36
3.01
-0.48
Capital Expenditures
-1,159
-1,383
-1,198
-1,366
-1,487
-1,348
-1,391
-1,572
-1,276
-751
-549
-931
-1,141
-921
-1,857