Keurig Dr Pepper Inc.

KDP

KDPKeurig Dr Pepper Inc. US flag

NASDAQ Global Select

30.46

USD

+0.02

- -

41.44BMarket 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	5,903	5,995	5,997	6,121	6,282	6,440	6,690	7,442	11,120	11,618	12,683	14,057	14,814	15,351	16,603
+ Sales & Services Revenue	5,903	5,995	5,997	6,121	6,282	6,440	6,690	7,442	11,120	11,618	12,683	14,057	14,814	15,351	16,603
- Cost of Revenue	2,485	2,500	2,499	2,491	2,559	2,582	2,695	3,560	4,778	5,132	5,706	6,734	6,734	6,822	7,604
+ Cost of Goods & Services	2,485	2,500	2,499	2,491	2,559	2,582	2,695	3,560	4,778	5,132	5,706	6,734	6,734	6,822	7,604
Gross Profit	3,418	3,495	3,498	3,630	3,723	3,858	3,995	3,882	6,342	6,486	6,977	7,323	8,080	8,529	8,999
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	2,394	2,403	2,452	2,450	2,425	2,425	2,607	2,645	3,964	3,939	4,083	4,540	4,886	5,220	5,346
+ Selling, General & Admin	2,257	2,268	2,328	2,334	2,313	2,329	2,556	2,635	3,962	3,978	4,153	4,645	4,912	5,013	5,351
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	137	135	124	116	112	96	51	10	2	-39	-70	-105	-26	207	-5
Operating Income (Loss)	1,024	1,092	1,046	1,180	1,298	1,433	1,388	1,237	2,378	2,547	2,894	2,783	3,194	3,309	3,653
- Non-Operating (Income) Loss	99	114	504	107	114	150	215	446	684	794	96	1,064	437	1,395	966
+ Interest Expense, Net	111	123	121	107	115	144	161	452	654	604	500	693	496	735	754
+ Interest Expense	114	125	123	109	117	147	164	452	654	604	500	693	496	735	754
- Interest Income	3	2	2	2	2	3	3	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-12	-9	383	- -	-1	6	54	-6	30	190	-404	371	-59	660	212
Pretax Income	925	978	542	1,073	1,184	1,283	1,173	791	1,694	1,753	2,798	1,719	2,757	1,914	2,687
- Income Tax Expense (Benefit)	320	349	-81	371	420	434	95	202	440	428	653	284	576	473	608
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	606	629	624	703	764	847	1,076	589	1,254	1,325	2,145	1,435	2,181	1,441	2,079
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	6	- -	- -	-2	-2	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	6	- -	- -	-2	-2	- -	- -	- -
Income (Loss) Incl. MI	606	629	624	703	764	847	1,076	583	1,254	1,325	2,147	1,437	2,181	1,441	2,079
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	-3	- -	- -	1	1	- -	- -	- -
Net Income, GAAP	606	629	624	703	764	847	1,076	586	1,254	1,325	2,146	1,436	2,181	1,441	2,079
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	606	629	624	703	764	847	1,076	586	1,254	1,325	2,146	1,436	2,181	1,441	2,079
EBIT	1,024	1,092	1,046	1,180	1,298	1,433	1,388	1,237	2,378	2,547	2,894	2,783	3,194	3,309	3,653
EBITDA	1,256	1,332	1,280	1,415	1,525	1,657	1,617	1,671	3,036	3,200	3,602	3,492	3,914	4,042	4,406
EBITDA Margin (%)	21.28	22.22	21.34	23.12	24.28	25.73	24.17	22.45	27.3	27.54	28.4	24.84	26.42	26.33	26.54
EBITA	1,024	1,092	1,046	1,180	1,298	1,433	1,388	1,237	2,378	2,547	2,894	2,783	3,194	3,309	3,653
Gross Margin (%)	57.9	58.3	58.33	59.3	59.26	59.91	59.72	52.16	57.03	55.83	55.01	52.1	54.54	55.56	54.2
Operating Margin (%)	17.35	18.22	17.44	19.28	20.66	22.25	20.75	16.62	21.38	21.92	22.82	19.8	21.56	21.56	22
Profit Margin (%)	10.27	10.49	10.41	11.49	12.16	13.15	16.08	7.87	11.28	11.4	16.92	10.22	14.72	9.39	12.52
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	1.15	1.35	1.49	1.62	1.86	2.08	2.27	0.21	0.6	0.6	0.67	0.76	0.82	0.88	0.92
Depreciation Expense	232	240	234	235	227	224	229	434	658	653	708	709	720	733	753
Basic Weighted Avg Shares	219	211	203	196	191	185	182	1,086	1,407	1,407	1,416	1,417	1,399	1,362	1,358
Basic EPS, GAAP	2.77	2.99	3.08	3.59	4	4.57	5.91	0.54	0.89	0.94	1.52	1.01	1.56	1.06	1.53
Basic EPS from Cont Ops	2.77	2.99	3.08	3.59	4	4.57	5.91	0.54	0.89	0.94	1.52	1.01	1.56	1.06	1.53
Diluted Weighted Avg Shares	221	212	204	197	192	187	183	1,098	1,419	1,422	1,428	1,428	1,408	1,368	1,363
Diluted EPS, GAAP	2.74	2.96	3.05	3.56	3.97	4.54	5.89	0.53	0.88	0.93	1.5	1.01	1.55	1.05	1.53
Diluted EPS from Cont Ops	2.74	2.96	3.05	3.56	3.97	4.54	5.89	0.54	0.88	0.93	1.5	1	1.55	1.05	1.53

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	1,757	1,335	1,119	1,211	1,817	2,736	1,117	2,159	2,273	2,388	3,057	3,804	3,375	3,997	5,266
+ Cash, Cash Equivalents & STI	701	366	153	237	911	1,787	61	83	75	240	567	535	267	510	1,026
+ Cash & Cash Equivalents	701	366	153	237	911	1,787	61	83	75	240	567	535	267	510	1,026
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	635	602	622	617	628	646	710	1,223	1,184	1,144	1,274	1,668	1,519	1,502	1,671
+ Accounts Receivable, Net	585	552	564	556	570	595	668	1,150	1,115	1,048	1,148	1,484	1,368	1,502	1,671
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	50	50	58	61	58	51	42	73	69	96	126	184	151	- -	- -
+ Inventories	212	197	200	204	209	202	229	626	654	762	894	1,314	1,142	1,299	1,733
+ Raw Materials	91	134	108	110	119	99	105	208	215	260	330	475	409	520	706
+ Work In Process	4	5	4	5	4	5	7	6	8	6	6	8	12	9	8
+ Finished Goods	171	131	122	126	123	130	149	425	447	520	577	858	742	770	1,019
+ Inventory Adjustments	-54	-73	-34	-37	-37	-32	-32	-13	-16	-24	-19	-27	-21	-32	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	32	- -
+ Other ST Assets	209	170	144	153	69	101	117	227	360	242	322	287	447	686	836
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	7,526	7,593	7,082	7,054	7,052	7,055	8,905	46,759	47,245	47,391	47,541	48,033	48,755	49,433	50,193
+ Property, Plant & Equip, Net	1,152	1,202	1,173	1,141	1,156	1,138	1,198	2,310	2,525	2,857	3,167	3,372	3,575	2,964	3,230
+ Property, Plant & Equip	2,190	2,365	2,452	2,542	2,649	2,722	2,903	2,986	3,254	3,877	4,516	5,023	5,539	5,216	5,833
- Accumulated Depreciation	1,038	1,163	1,279	1,401	1,493	1,584	1,705	676	729	1,020	1,349	1,651	1,964	2,252	2,603
+ LT Investments & Receivables	13	14	36	39	71	74	73	231	192	130	89	1,049	1,456	1,543	1,660
+ LT Investments	13	14	36	39	71	74	73	231	192	130	89	1,049	1,456	1,543	1,660
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	6,361	6,377	5,873	5,874	5,825	5,843	7,634	44,218	44,528	44,404	44,285	43,612	43,724	44,926	45,303
+ Total Intangible Assets	5,657	5,667	5,682	5,674	5,651	5,649	7,342	43,978	44,289	44,152	44,038	43,255	43,489	43,687	43,972
+ Goodwill	2,980	2,983	2,988	2,990	2,988	2,993	3,561	20,011	20,172	20,184	20,182	20,072	20,202	20,053	20,247
+ Other Intangible Assets	2,677	2,684	2,694	2,684	2,663	2,656	3,781	23,967	24,117	23,968	23,856	23,183	23,287	23,634	23,725
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	704	710	191	200	174	194	292	240	239	252	247	357	235	1,239	1,331
Total Assets	9,283	8,928	8,201	8,265	8,869	9,791	10,022	48,918	49,518	49,779	50,598	51,837	52,130	53,430	55,459
+ Payables & Accruals	915	425	405	404	424	428	499	3,856	4,501	4,934	5,717	6,565	5,026	4,385	4,400
+ Accounts Payable	265	283	271	289	277	303	365	2,300	3,176	3,740	4,316	5,206	3,597	2,985	2,996
+ Accrued Taxes	530	45	33	10	27	4	11	60	75	39	144	87	29	67	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	120	97	101	105	120	121	123	1,496	1,250	1,155	1,257	1,272	1,400	1,333	1,404
+ ST Debt	452	250	66	3	507	10	79	1,484	1,703	2,461	459	1,090	3,466	2,642	3,105
+ ST Borrowings	452	249	66	3	500	- -	66	1,458	1,593	2,345	304	895	3,246	2,642	3,105
+ ST Finance Leases	- -	1	1	3	7	10	13	26	110	116	155	195	220	253	- -
+ Other ST Liabilities	548	557	559	631	652	613	660	362	270	299	309	421	424	1,060	785
+ Deferred Revenue	65	65	65	64	64	64	64	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	483	492	494	567	588	549	596	362	270	299	309	421	424	1,060	785
Total Current Liabilities	1,915	1,232	1,030	1,038	1,583	1,051	1,238	5,702	6,474	7,694	6,485	8,076	8,916	8,087	8,290
+ LT Debt	2,256	2,554	2,508	2,580	2,875	4,468	4,400	14,506	13,523	12,021	12,807	12,493	11,358	12,912	13,036
+ LT Borrowings	2,249	2,499	2,508	2,497	2,746	4,325	4,230	14,201	12,827	11,143	11,578	11,072	9,945	12,912	13,036
+ LT Finance Leases	7	55	55	83	129	143	170	305	696	878	1,229	1,421	1,413	1,467	- -
+ Other LT Liabilities	2,849	2,862	2,386	2,353	2,228	2,138	1,933	6,177	6,264	6,234	6,334	6,143	6,180	8,188	8,617
+ Accrued Liabilities	2,035	2,016	2,094	2,076	1,993	1,964	1,717	5,967	6,070	6,034	6,029	5,769	5,792	5,435	5,526
+ Pension Liabilities	44	55	82	101	96	41	19	30	29	38	40	37	35	31	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	770	791	210	176	139	133	197	180	165	162	265	337	353	2,722	3,091
Total Noncurrent Liabilities	5,105	5,416	4,894	4,933	5,103	6,606	6,333	20,683	19,787	18,255	19,141	18,636	17,538	21,100	21,653
Total Liabilities	7,020	6,648	5,924	5,971	6,686	7,657	7,571	26,385	26,261	25,949	25,626	26,712	26,454	29,187	29,943
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1,633	1,310	972	660	213	97	2	21,485	21,571	21,691	21,799	21,458	20,802	19,726	19,792
+ Common Stock	2	2	2	2	2	2	2	14	14	14	14	14	14	14	14
+ Additional Paid in Capital	1,631	1,308	970	658	211	95	- -	21,471	21,557	21,677	21,785	21,444	20,788	19,712	19,778
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	740	1,080	1,393	1,771	2,165	2,266	2,651	1,178	1,582	2,061	3,199	3,539	4,559	4,793	5,622
+ Other Equity	-110	-110	-88	-137	-195	-229	-202	-130	104	77	-26	129	315	-276	102
Equity Before Minority Interest	2,263	2,280	2,277	2,294	2,183	2,134	2,451	22,533	23,257	23,829	24,972	25,126	25,676	24,243	25,516
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	-1	- -	- -	- -
Total Equity	2,263	2,280	2,277	2,294	2,183	2,134	2,451	22,533	23,257	23,830	24,972	25,125	25,676	24,243	25,516
Total Liabilities & Equity	9,283	8,928	8,201	8,265	8,869	9,791	10,022	48,918	49,518	49,779	50,598	51,837	52,130	53,430	55,459
Shares Outstanding	212	205	198	193	188	183	180	1,406	1,407	1,407	1,418	1,408	1,390	1,357	1,359
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	7	56	56	86	136	153	183	331	806	994	1,384	1,616	1,633	1,720	- -
Net Debt	2,000	2,382	2,421	2,263	2,335	2,538	4,235	15,576	14,345	13,248	11,315	11,432	12,924	15,044	15,115
Net Debt to Equity	88.38	104.47	106.32	98.65	106.96	118.93	172.79	69.13	61.68	55.59	45.31	45.5	50.33	62.06	59.24
Tangible Common Equity Ratio	-93.6	-103.86	-135.17	-130.45	-107.77	-84.86	-182.5	-434.11	-402.22	-361.15	-290.64	-211.26	-206.15	-199.57	-160.67
Current Ratio	0.92	1.08	1.09	1.17	1.15	2.6	0.9	0.38	0.35	0.31	0.47	0.47	0.38	0.49	0.64
Cash Conversion Cycle	26.26	24.22	22.54	22.03	21.88	20.96	18.85	-34.5	-121.88	-156.54	-167.27	-148.9	-143.13	-72.7	-28.15

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	606	629	624	703	764	847	1,076	589	1,254	1,325	2,146	1,436	2,181	1,441	2,079
+ Depreciation & Amortization	232	240	234	235	227	224	229	434	658	653	708	709	720	733	753
+ Non-Cash Items	-505	43	145	47	29	-12	-222	133	196	312	-331	967	175	636	162
+ Stock-Based Compensation	34	35	37	48	44	45	36	35	64	85	88	52	116	98	97
+ Deferred Income Taxes	-498	91	138	43	29	29	-201	-81	-23	-51	31	-289	-4	-254	45
+ Asset Impairment Charge	- -	- -	- -	- -	7	- -	1	- -	- -	169	17	489	2	718	78
+ Other Non-Cash Adj	-41	-83	-30	-44	-51	-86	-58	179	155	109	-467	715	61	74	-58
+ Chg in Non-Cash Work Cap	450	-430	-137	37	-6	-98	-45	457	366	166	351	-275	-1,747	-591	-1,003
+ (Inc) Dec in Accts Receiv	-73	37	-22	-5	-25	-28	-38	82	-7	-5	-152	-398	70	-209	-202
+ (Inc) Dec in Inventories	29	17	-3	-8	-11	3	- -	185	-24	-107	-133	-426	182	-92	-405
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	512	-456	-12	17	33	30	32	206	583	624	762	903	-1,618	-196	-212
+ Inc (Dec) in Other	-18	-28	-100	33	-3	-103	-39	-16	-186	-346	-126	-354	-381	-94	-184
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	783	482	866	1,022	1,014	961	1,038	1,613	2,474	2,456	2,874	2,837	1,329	2,219	1,991
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	3	7	1	8	20	6	3	3	247	203	122	168	9	4	14
+ Disp of Fixed Prod Assets	3	7	1	8	20	6	3	3	247	203	122	168	9	4	14
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-241	-224	-184	-171	-180	-182	-208	-180	-365	-517	-455	-379	-481	-622	-503
+ Acq of Fixed Prod Assets	-238	-217	-179	-170	-179	-180	-202	-180	-330	-461	-423	-353	-425	-563	-486
+ Acq of Intangible Assets	-3	-7	-5	-1	-1	-2	-6	- -	-35	-56	-32	-26	-56	-59	-17
+ Cash (Repurchase) of Equity	-522	-400	-400	-400	-521	-519	-399	9,000	- -	29	140	-379	-706	-1,110	-9
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	9,000	- -	29	140	- -	- -	- -	- -
+ Decrease in Capital Stock	-522	-400	-400	-400	-521	-519	-399	- -	- -	- -	- -	-379	-706	-1,110	-9
+ Net Change in LT Investment	- -	- -	- -	- -	-15	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	-15	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-2	- -	-10	-19	-20	-4	-1,555	-18,984	-24	-5	578	-912	-316	-1,007	-150
+ Cash from Divestitures	- -	- -	- -	- -	- -	17	4	169	- -	- -	578	50	- -	- -	- -
+ Cash for Acq of Subs	-2	- -	-10	-19	-20	-21	-1,559	-19,153	-24	-5	- -	-962	-316	-1,007	-150
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	-2	-3	1	-8	-3	30	-8	3	-35	-12	4	11	66
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-240	-217	-195	-185	-194	-189	-1,763	-19,131	-150	-316	210	-1,135	-784	-1,614	-573
+ Dividends Paid	-251	-284	-302	-317	-355	-386	-414	-232	-844	-846	-955	-1,080	-1,142	-1,194	-1,250
+ Net Cash From Debt	600	50	-186	-66	741	1,049	-92	8,316	-1,324	-1,003	-1,775	-455	1,102	2,725	-148
+ Cash From Debt	1,000	500	65	- -	746	1,949	482	13,680	18,197	10,638	7,556	3,000	36,940	3,990	2,000
+ Repayments of Debt	-400	-450	-251	-66	-5	-900	-574	-5,364	-19,521	-11,641	-9,331	-3,455	-35,838	-1,265	-2,148
+ Other Financing Activities	21	31	8	36	-2	-36	-2	493	-196	-170	-172	186	-86	-644	408
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-152	-603	-880	-747	-137	108	-907	17,577	-2,364	-1,990	-2,762	-1,728	-832	-223	-999
Effect of Foreign Exchange Rates	-5	3	-4	-6	-9	-4	3	-15	12	-6	-9	-7	19	-41	17
Net Changes in Cash	391	-338	-209	90	683	880	-1,632	59	-40	150	322	-26	-287	382	419
EBITDA	1,256	1,332	1,280	1,415	1,525	1,657	1,617	1,671	3,036	3,200	3,602	3,492	3,914	4,042	4,406
EBITDA Margin (%)	21.28	22.22	21.34	23.12	24.28	25.73	24.17	22.45	27.3	27.54	28.4	24.84	26.42	26.33	26.54
Free Cash Flow	542	258	682	851	834	779	830	1,433	2,109	1,939	2,419	2,458	848	1,597	1,488
Net Cash Paid for Acquisitions	2	- -	10	19	20	4	1,555	18,984	24	5	-578	912	316	1,007	150
Free Cash Flow to Firm	617	338	- -	922	909	876	981	1,770	2,593	2,396	2,802	3,037	1,240	2,150	2,071
Free Cash Flow to Equity	1,148	322	502	794	1,596	1,836	747	9,752	1,067	1,195	798	2,197	2,015	4,385	1,371
Free Cash Flow per Basic Share	2.48	1.23	3.36	4.35	4.37	4.2	4.56	1.32	1.5	1.38	1.71	1.73	0.61	1.17	1.1
Price/Free Cash Flow	1.37	2.14	1.53	1.91	2.42	2.38	2.29	15.7	14.47	15.31	15.81	15.84	25.93	15.47	15.31
Cash Flow to Net Income	1.29	0.77	1.39	1.45	1.33	1.13	0.96	2.75	1.97	1.85	1.34	1.98	0.61	1.54	0.96
Capital Expenditures	-241	-224	-184	-171	-180	-182	-208	-180	-365	-517	-455	-379	-481	-622	-503