Kinder Morgan, Inc.

KMI

KMIKinder Morgan, Inc. US flag

New York Stock Exchange

31.37

USD

-0.07

- -

69.79BMarket Cap

Income Statement (USD)

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	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	7,943	9,973	14,070	16,226	14,403	13,058	13,705	14,144	13,209	11,700	16,610	19,200	15,334	15,100	16,937
+ Sales & Services Revenue	7,943	9,973	14,070	16,226	14,403	13,058	13,705	14,144	13,209	11,700	16,610	19,200	15,334	15,100	16,937
- Cost of Revenue	4,346	4,476	7,059	8,318	6,368	5,638	6,606	6,718	5,674	4,709	8,628	11,441	7,188	6,691	7,982
+ Cost of Goods & Services	4,346	4,476	7,059	8,318	6,368	5,638	6,606	6,718	5,674	4,709	8,628	11,441	7,188	6,691	7,982
Gross Profit	3,597	5,497	7,011	7,908	8,035	7,420	7,099	7,426	7,535	6,991	7,982	7,759	8,146	8,409	8,955
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	2,174	2,904	3,119	3,186	3,519	3,495	3,557	3,465	3,604	3,499	3,442	3,694	3,883	4,025	4,231
+ Selling, General & Admin	515	929	613	610	690	703	688	601	590	648	655	637	668	712	744
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	1,659	1,975	2,506	2,576	2,829	2,792	2,869	2,864	3,014	2,851	2,787	3,057	3,215	3,313	3,487
Operating Income (Loss)	1,423	2,593	3,892	4,722	4,516	3,925	3,542	3,961	3,931	3,492	4,540	4,065	4,263	4,384	4,724
- Non-Operating (Income) Loss	613	1,250	454	1,631	3,744	2,287	1,381	1,455	766	2,831	2,321	730	1,062	977	732
+ Interest Expense, Net	680	1,399	1,675	1,798	2,051	1,806	1,832	1,917	1,801	- -	- -	- -	- -	- -	- -
+ Interest Expense	703	1,427	1,675	1,798	2,051	1,806	1,832	1,917	1,801	- -	- -	- -	- -	- -	- -
- Interest Income	23	28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-67	-149	-1,221	-167	1,693	481	-451	-462	-1,035	2,831	2,321	730	1,062	977	732
Pretax Income	810	1,343	3,438	3,091	772	1,638	2,161	2,506	3,165	661	2,219	3,335	3,201	3,407	3,992
- Income Tax Expense (Benefit)	361	139	742	648	564	917	1,938	587	926	481	369	710	715	687	832
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	449	1,204	2,696	2,443	208	721	223	1,919	2,239	180	1,850	2,625	2,486	2,720	3,160
- Net Extraordinary Losses (Gains)	-79	1,001	3,002	2,834	-90	26	80	620	98	122	132	154	190	214	208
+ Discontinued Operations	211	-777	-4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-290	1,778	3,006	2,834	-90	26	80	620	98	122	132	154	190	214	208
Income (Loss) Incl. MI	528	203	-306	-391	298	695	143	1,299	2,141	58	1,718	2,471	2,296	2,506	2,952
- Minority Interest	-66	-112	-1,499	-1,417	45	-13	-40	-310	-49	-61	-66	-77	-95	-107	-104
Net Income, GAAP	594	315	1,193	1,026	253	708	183	1,609	2,190	119	1,784	2,548	2,391	2,613	3,056
- Preferred Dividends	- -	- -	- -	- -	26	156	156	128	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	594	315	1,193	1,026	227	552	27	1,481	2,190	119	1,784	2,548	2,391	2,613	3,056
EBIT	1,423	2,593	3,892	4,722	4,516	3,925	3,542	3,961	3,931	3,492	4,540	4,065	4,263	4,384	4,724
EBITDA	2,515	4,019	5,698	6,762	6,825	6,134	5,803	6,258	6,342	5,656	6,675	6,251	6,513	6,738	7,177
EBITDA Margin (%)	31.66	40.3	40.5	41.67	47.39	46.98	42.34	44.24	48.01	48.34	40.19	32.56	42.47	44.62	42.37
EBITA	1,423	2,593	3,892	4,722	4,516	3,925	3,542	3,961	3,931	3,492	4,540	4,065	4,263	4,384	4,724
Gross Margin (%)	45.29	55.12	49.83	48.74	55.79	56.82	51.8	52.5	57.04	59.75	48.06	40.41	53.12	55.69	52.87
Operating Margin (%)	17.92	26	27.66	29.1	31.35	30.06	25.84	28	29.76	29.85	27.33	21.17	27.8	29.03	27.89
Profit Margin (%)	7.48	3.16	8.48	6.32	1.76	5.42	1.34	11.38	16.58	1.02	10.74	13.27	15.59	17.3	18.04
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	1.09	1.31	1.57	1.55	1.93	0.57	0.57	0.8	0.96	1.08	1.11	1.11	1.13	1.15	1.17
Depreciation Expense	1,092	1,426	1,806	2,040	2,309	2,209	2,261	2,297	2,411	2,164	2,135	2,186	2,250	2,354	2,453
Basic Weighted Avg Shares	707	907	1,036	1,137	2,187	2,230	2,230	2,216	2,264	2,263	2,266	2,258	2,234	2,220	2,223
Basic EPS, GAAP	0.84	0.35	1.15	0.9	0.1	0.25	0.01	0.67	0.97	0.05	0.79	1.13	1.07	1.18	1.37
Basic EPS from Cont Ops	0.64	1.33	2.6	2.15	0.1	0.32	0.1	0.87	0.99	0.08	0.82	1.16	1.11	1.23	1.42
Diluted Weighted Avg Shares	708	1,354	1,036	1,137	2,193	2,230	2,230	2,216	2,264	2,263	2,266	2,258	2,234	2,220	2,223
Diluted EPS, GAAP	0.84	0.23	1.15	0.9	0.1	0.25	0.01	0.67	0.97	0.05	0.79	1.13	1.07	1.18	1.37
Diluted EPS from Cont Ops	0.63	0.89	2.6	2.15	0.09	0.32	0.1	0.87	0.99	0.08	0.82	1.16	1.11	1.23	1.42

Balance Sheet (USD)

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	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	1,663	3,674	3,868	3,752	2,824	3,229	2,715	5,722	3,238	3,203	3,829	3,803	2,542	2,521	2,754
+ Cash, Cash Equivalents & STI	411	714	598	315	229	684	264	3,280	1,110	1,184	1,140	745	83	88	63
+ Cash & Cash Equivalents	411	714	598	315	229	684	264	3,280	185	1,184	1,140	745	83	88	63
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	925	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	914	1,333	1,721	1,641	1,355	1,550	1,613	1,498	1,379	1,293	1,611	1,840	1,588	1,506	1,714
+ Accounts Receivable, Net	914	1,333	1,721	1,641	1,315	1,370	1,448	1,498	1,379	1,293	1,611	1,840	1,588	1,506	1,714
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	40	180	165	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	172	374	430	459	407	357	424	385	371	348	562	634	525	555	574
+ Raw Materials	62	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	110	374	430	459	407	357	424	385	371	348	562	634	525	555	574
+ Other ST Assets	166	1,253	1,119	1,337	833	638	414	559	378	378	516	584	346	372	403
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	29,054	64,571	71,317	79,297	81,280	77,076	76,340	73,144	70,919	68,770	66,587	66,275	68,478	68,886	69,994
+ Property, Plant & Equip, Net	17,926	30,996	35,847	38,564	40,547	38,705	40,155	37,897	36,419	35,836	35,653	35,599	37,297	38,013	39,331
+ Property, Plant & Equip	21,838	36,274	42,604	46,933	51,398	51,011	54,330	53,256	53,369	53,654	54,445	56,011	59,372	60,195	63,393
- Accumulated Depreciation	3,912	5,278	6,757	8,369	10,851	12,306	14,175	15,359	16,950	17,818	18,792	20,412	22,075	22,182	24,062
+ LT Investments & Receivables	3,744	5,804	5,951	6,036	6,040	7,027	7,298	7,481	7,759	7,917	7,578	7,653	7,874	7,845	7,532
+ LT Investments	3,744	5,804	5,951	6,036	6,040	7,027	7,298	7,481	7,759	7,917	7,578	7,653	7,874	7,845	7,532
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	7,384	27,771	29,519	34,697	34,693	31,344	28,887	27,766	26,741	25,017	23,356	23,023	23,307	23,028	23,131
+ Total Intangible Assets	6,259	24,803	26,942	26,956	27,341	25,470	25,261	24,845	24,127	22,304	21,592	21,774	22,078	21,844	21,814
+ Goodwill	5,074	23,632	24,504	24,654	23,790	22,152	22,162	21,965	21,451	19,851	19,914	19,965	20,121	20,084	20,084
+ Other Intangible Assets	1,185	1,171	2,438	2,302	3,551	3,318	3,099	2,880	2,676	2,453	1,678	1,809	1,957	1,760	1,730
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1,125	2,968	2,577	7,741	7,352	5,874	3,626	2,921	2,614	2,713	1,764	1,249	1,229	1,184	1,317
Total Assets	30,717	68,245	75,185	83,049	84,104	80,305	79,055	78,866	74,157	71,973	70,416	70,078	71,020	71,407	72,748
+ Payables & Accruals	1,058	1,875	2,825	2,608	2,185	2,143	2,508	3,275	1,915	1,936	2,033	2,223	2,151	2,214	2,198
+ Accounts Payable	728	1,248	1,676	1,588	1,192	1,257	1,340	1,337	914	837	1,259	1,444	1,366	1,395	1,408
+ Accrued Taxes	39	- -	- -	- -	- -	- -	256	483	364	267	270	264	272	276	256
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	291	627	1,149	1,020	993	886	912	1,455	637	832	504	515	513	543	534
+ ST Debt	2,922	2,401	2,306	2,717	821	2,696	2,828	3,388	2,377	2,558	2,646	3,385	4,049	2,009	1,226
+ ST Borrowings	2,922	2,401	2,306	2,717	821	2,696	2,703	3,388	2,377	2,558	2,646	3,385	4,049	2,009	1,226
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	549	952	944	1,037	1,059	1,085	845	894	808	580	1,142	1,322	1,021	878	898
+ Deferred Revenue	100	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	449	952	944	1,037	1,059	1,085	845	894	808	580	1,142	1,322	1,021	878	898
Total Current Liabilities	4,529	5,228	6,075	6,362	4,065	5,924	6,181	7,557	5,100	5,074	5,821	6,930	7,221	5,101	4,322
+ LT Debt	14,356	32,000	33,887	40,097	42,406	37,354	34,805	33,726	31,805	32,021	30,564	28,183	27,846	29,660	30,556
+ LT Borrowings	14,356	32,000	33,887	40,097	42,406	37,354	34,805	33,726	31,805	32,021	30,564	28,183	27,846	29,660	30,556
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	3,264	6,917	6,938	2,164	2,230	2,225	2,945	2,386	2,363	2,312	2,110	2,851	4,224	4,779	5,421
+ Accrued Liabilities	2,199	4,071	4,651	- -	- -	- -	- -	- -	- -	- -	- -	623	1,388	2,070	2,891
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1,065	2,846	2,287	2,164	2,230	2,225	2,945	2,386	2,363	2,312	2,110	2,228	2,836	2,709	2,530
Total Noncurrent Liabilities	17,620	38,917	40,825	42,261	44,636	39,579	37,750	36,112	34,168	34,333	32,674	31,034	32,070	34,439	35,977
Total Liabilities	22,149	44,145	46,900	48,623	48,701	45,503	43,931	43,669	39,268	39,407	38,495	37,964	39,291	39,540	40,299
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	3,439	14,927	14,489	36,199	41,683	41,761	41,931	41,724	41,768	41,779	41,829	41,695	41,212	41,259	41,298
+ Common Stock	8	10	10	21	22	22	22	23	23	23	23	22	22	22	22
+ Additional Paid in Capital	3,431	14,917	14,479	36,178	41,661	41,739	41,909	41,701	41,745	41,756	41,806	41,673	41,190	41,237	41,276
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-3	-943	-1,372	-2,106	-6,103	-6,669	-7,754	-7,716	-7,693	-9,936	-10,595	-10,551	-10,689	-10,633	-10,181
+ Other Equity	-115	-118	-24	-17	-461	-661	-541	-330	-333	-407	-411	-402	-217	-95	45
Equity Before Minority Interest	3,321	13,866	13,093	34,076	35,119	34,431	33,636	33,678	33,742	31,436	30,823	30,742	30,306	30,531	31,162
+ Minority/Non Controlling Interest	5,247	10,234	15,192	350	284	371	1,488	1,519	1,147	1,130	1,098	1,372	1,423	1,336	1,287
Total Equity	8,568	24,100	28,285	34,426	35,403	34,802	35,124	35,197	34,889	32,566	31,921	32,114	31,729	31,867	32,449
Total Liabilities & Equity	30,717	68,245	75,185	83,049	84,104	80,305	79,055	78,866	74,157	71,973	70,416	70,078	71,020	71,407	72,748
Shares Outstanding	801	1,036	1,031	2,125	2,229	2,230	2,217	2,262	2,265	2,264	2,267	2,248	2,220	2,222	2,225
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	16,867	33,687	35,595	42,499	42,998	39,366	37,244	33,834	33,997	33,395	32,070	30,823	31,812	31,581	31,719
Net Debt to Equity	196.86	139.78	125.84	123.45	121.45	113.11	106.04	96.13	97.44	102.55	100.47	95.98	100.26	99.1	97.75
Tangible Common Equity Ratio	9.44	-1.62	2.78	13.32	14.2	17.02	18.33	19.16	21.51	20.66	21.16	21.41	19.72	20.22	20.88
Current Ratio	0.37	0.7	0.64	0.59	0.69	0.55	0.44	0.76	0.63	0.63	0.66	0.55	0.35	0.49	0.64
Cash Conversion Cycle	-24.57	-13.71	-14.6	-14.05	-18.05	-17.73	-11.92	-13.16	-8.52	1.35	7.89	9.03	-2.22	-8.12	-3.43

Cash Flow Statement (USD)

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	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	660	427	2,692	2,443	208	721	223	1,919	2,239	180	1,850	2,625	2,486	2,720	3,160
+ Depreciation & Amortization	1,092	1,426	1,806	2,040	2,309	2,209	2,261	2,297	2,411	2,164	2,135	2,186	2,250	2,354	2,453
+ Non-Cash Items	639	1,270	-74	142	2,310	1,947	2,119	428	325	2,297	1,792	417	579	630	412
+ Stock-Based Compensation	- -	87	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	84	47	640	615	692	1,087	2,073	405	717	345	355	692	710	647	780
+ Asset Impairment Charge	- -	- -	65	243	2,099	997	163	437	-942	1,932	1,624	- -	- -	- -	- -
+ Other Non-Cash Adj	555	1,136	-779	-716	-481	-137	-117	-414	550	20	-187	-275	-131	-17	-368
+ Chg in Non-Cash Work Cap	-25	-315	-302	-158	486	-119	-2	399	-227	-91	-69	-261	1,176	-69	-108
+ (Inc) Dec in Accts Receiv	8	-231	-131	-279	577	-255	-71	92	98	88	-265	-220	301	52	-192
+ (Inc) Dec in Inventories	-36	-92	-53	-30	34	49	-90	15	4	16	-202	-183	188	-12	-21
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	13	-24	-86	168	-238	168	184	313	-383	-163	370	206	-212	43	68
+ Inc (Dec) in Other	-10	32	-32	-17	113	-81	-25	-21	54	-32	28	-64	899	-152	37
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	2,366	2,808	4,122	4,467	5,313	4,758	4,601	5,043	4,748	4,550	5,708	4,967	6,491	5,635	5,917
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	23	154	87	5	39	330	118	104	82	1,069	406	6	- -	- -	- -
+ Disp of Fixed Prod Assets	23	154	87	5	39	330	118	104	82	1,069	406	6	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	-20	- -	- -	- -	- -	-28	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	-20	- -	- -	- -	- -	-28	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	3,870	- -	-250	-273	-2	-50	- -	-368	-522	-7	- -
+ Increase in Capital Stock	- -	- -	- -	- -	3,870	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	-250	-273	-2	-50	- -	-368	-522	-7	- -
+ Net Change in LT Investment	-135	-192	-217	-389	-96	-408	-684	-309	228	-386	-38	-229	-212	-121	204
+ Dec in LT Investment	236	- -	- -	- -	- -	- -	- -	124	1,527	- -	- -	- -	- -	- -	382
+ Inc in LT Investment	-371	-192	-217	-389	-96	-408	-684	-433	-1,299	-386	-38	-229	-212	-121	-178
+ Net Cash From Acq & Div	- -	-3,179	- -	- -	- -	1,401	- -	2,998	1,499	- -	-1,547	-487	-1,842	-62	-648
+ Cash from Divestitures	- -	1,791	- -	- -	- -	1,401	- -	2,998	1,527	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-4,970	- -	- -	- -	- -	- -	- -	-28	- -	-1,547	-487	-1,842	-62	-648
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-2,280	-1,880	-2,992	-4,826	-5,649	-2,948	-2,837	-2,841	-3,523	-1,594	-1,126	-1,465	-2,093	-2,446	-2,735
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-2,392	-5,097	-3,122	-5,210	-5,706	-1,625	-3,403	-68	-1,714	-911	-2,305	-2,175	-4,175	-2,629	-3,179
+ Dividends Paid	-770	-1,184	-1,622	-1,760	-4,224	-1,272	-1,276	-1,774	-2,174	-2,441	-2,525	-2,504	-2,529	-2,557	-2,604
+ Net Cash From Debt	779	3,393	1,188	6,772	-800	-1,431	-2,196	160	-3,188	-108	-872	-677	234	-116	-37
+ Cash From Debt	9,572	18,148	13,581	24,573	14,316	8,629	8,868	14,751	8,036	3,888	5,959	9,058	7,590	10,441	10,017
+ Repayments of Debt	-8,793	-14,755	-12,393	-17,801	-15,116	-10,060	-11,064	-14,591	-11,224	-3,996	-6,831	-9,735	-7,356	-10,557	-10,054
+ Other Financing Activities	-66	375	-661	-4,541	1,471	66	2,041	63	-821	-39	-68	404	-197	-207	-202
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-57	2,584	-1,095	471	317	-2,637	-1,681	-1,824	-6,185	-2,638	-3,465	-3,145	-3,014	-2,887	-2,843
Effect of Foreign Exchange Rates	-8	8	-21	-11	-10	2	22	-146	29	-1	- -	- -	- -	-1	- -
Net Changes in Cash	-83	295	-95	-272	-76	496	-483	3,151	-3,151	1,001	-62	-353	-698	119	-105
EBITDA	2,515	4,019	5,698	6,762	6,825	6,134	5,803	6,258	6,342	5,656	6,675	6,251	6,513	6,738	7,177
EBITDA Margin (%)	31.66	40.3	40.5	41.67	47.39	46.98	42.34	44.24	48.01	48.34	40.19	32.56	42.47	44.62	42.37
Free Cash Flow	2,366	2,808	4,122	4,467	5,313	4,758	4,601	5,023	4,748	4,550	5,708	4,967	6,463	5,635	5,917
Net Cash Paid for Acquisitions	- -	3,179	- -	- -	- -	-1,401	- -	-2,998	-1,499	- -	1,547	487	1,842	62	648
Free Cash Flow to Firm	2,756	4,087	5,435	5,888	5,866	5,553	4,790	6,491	6,022	4,550	5,708	4,967	6,463	5,635	5,917
Free Cash Flow to Equity	3,168	6,355	5,397	11,244	4,526	3,501	2,367	5,159	1,642	5,511	5,242	4,296	6,697	5,519	5,880
Free Cash Flow per Basic Share	3.35	3.1	3.98	3.93	2.43	2.13	2.06	2.27	2.1	2.01	2.52	2.2	2.89	2.54	2.66
Price/Free Cash Flow	9.63	17.04	9.05	10.77	6.16	9.71	8.76	6.73	10.09	6.8	6.3	8.22	6.05	10.79	10.33
Cash Flow to Net Income	3.98	8.91	3.46	4.35	21	6.72	25.14	3.13	2.17	38.24	3.2	1.95	2.71	2.16	1.94
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	-20	- -	- -	- -	- -	-28	- -	- -