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Lockheed Martin Corporation

Lockheed Martin Corporation

LMT
Lockheed Martin CorporationUS flagNew York Stock Exchange
512.03
USD
-1.40
- -
118.06BMarket Cap

Income Statement (USD)

APIChat
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
46,499
47,182
45,358
39,946
40,536
47,290
49,960
53,762
59,812
65,398
67,044
65,984
67,571
71,043
75,048
+ Sales & Services Revenue
46,499
47,182
45,358
39,946
40,536
47,290
49,960
53,762
59,812
65,398
67,044
65,984
67,571
71,043
75,048
- Cost of Revenue
42,755
42,986
41,171
35,263
36,044
41,889
43,589
46,488
51,445
56,744
57,983
57,697
59,092
64,113
67,429
+ Cost of Goods & Services
42,755
42,986
41,171
35,263
36,044
41,889
43,589
46,488
51,445
56,744
57,983
57,697
59,092
64,113
67,429
Gross Profit
3,744
4,196
4,187
4,683
4,492
5,401
6,371
7,274
8,367
8,654
9,061
8,287
8,479
6,930
7,619
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
-276
-238
-318
-329
-220
-487
-373
-60
-178
10
-62
-61
-28
-83
-112
+ Selling, General & Admin
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Operating Expense
-276
-238
-318
-329
-220
-487
-373
-60
-178
10
-62
-61
-28
-83
-112
Operating Income (Loss)
4,020
4,434
4,505
5,012
4,712
5,888
6,744
7,334
8,545
8,644
9,123
8,348
8,507
7,013
7,731
- Non-Operating (Income) Loss
389
362
350
335
413
1,134
1,498
1,496
1,304
409
1,573
1,668
409
793
1,809
+ Interest Expense, Net
354
383
350
340
443
663
651
668
653
591
569
623
916
1,036
1,118
+ Interest Expense
354
383
350
340
443
663
651
668
653
591
569
623
916
1,036
1,118
- Interest Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Non-Op (Income) Loss
35
-21
- -
-5
-30
471
847
828
651
-182
1,004
1,045
-507
-243
691
Pretax Income
3,631
4,072
4,155
4,677
4,299
4,754
5,246
5,838
7,241
8,235
7,550
6,680
8,098
6,220
5,922
- Income Tax Expense (Benefit)
964
1,327
1,205
1,424
1,173
1,093
3,356
792
1,011
1,347
1,235
948
1,178
884
905
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
2,667
2,745
2,950
3,253
3,126
3,661
1,890
5,046
6,230
6,888
6,315
5,732
6,920
5,336
5,017
- Net Extraordinary Losses (Gains)
12
- -
-31
-361
-479
-1,512
-73
- -
- -
55
- -
- -
- -
- -
- -
+ Discontinued Operations
-12
- -
31
361
479
1,512
73
- -
- -
-55
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
24
- -
-62
-722
-958
-3,024
-146
- -
- -
110
- -
- -
- -
- -
- -
Income (Loss) Incl. MI
2,655
2,745
2,981
3,614
3,605
5,173
1,963
5,046
6,230
6,833
6,315
5,732
6,920
5,336
5,017
- Minority Interest
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
2,655
2,745
2,981
3,614
3,605
5,173
1,963
5,046
6,230
6,833
6,315
5,732
6,920
5,336
5,017
- Preferred Dividends
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
2,655
2,745
2,981
3,614
3,605
5,173
1,963
5,046
6,230
6,833
6,315
5,732
6,920
5,336
5,017
EBIT
4,020
4,434
4,505
5,012
4,712
5,888
6,744
7,334
8,545
8,644
9,123
8,348
8,507
7,013
7,731
EBITDA
5,028
5,422
5,495
6,006
5,738
7,103
7,939
8,495
9,734
9,934
10,487
9,752
9,937
8,572
9,418
EBITDA Margin (%)
10.81
11.49
12.11
15.04
14.16
15.02
15.89
15.8
16.27
15.19
15.64
14.78
14.71
12.07
12.55
EBITA
4,020
4,434
4,505
5,012
4,712
5,888
6,744
7,334
8,545
8,644
9,123
8,348
8,507
7,013
7,731
Gross Margin (%)
8.05
8.89
9.23
11.72
11.08
11.42
12.75
13.53
13.99
13.23
13.52
12.56
12.55
9.75
10.15
Operating Margin (%)
8.65
9.4
9.93
12.55
11.62
12.45
13.5
13.64
14.29
13.22
13.61
12.65
12.59
9.87
10.3
Profit Margin (%)
5.71
5.82
6.57
9.05
8.89
10.94
3.93
9.39
10.42
10.45
9.42
8.69
10.24
7.51
6.69
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
3.26
4.18
4.8
5.56
6.23
6.84
7.52
8.25
9.06
9.87
10.64
11.44
12.21
12.84
13.46
Depreciation Expense
1,008
988
990
994
1,026
1,215
1,195
1,161
1,189
1,290
1,364
1,404
1,430
1,559
1,687
Basic Weighted Avg Shares
336
324
321
317
310
299
288
284
282
280
276
264
250
238
233
Basic EPS, GAAP
7.9
8.48
9.29
11.41
11.62
17.28
6.82
17.74
22.09
24.4
22.85
21.74
27.65
22.39
21.56
Basic EPS from Cont Ops
7.94
8.48
9.19
10.27
10.07
12.23
6.57
17.74
22.09
24.6
22.85
21.74
27.65
22.39
21.56
Diluted Weighted Avg Shares
340
328
326
322
315
303
291
287
284
281
277
265
251
239
234
Diluted EPS, GAAP
7.81
8.36
9.13
11.21
11.46
17.07
6.75
17.59
21.95
24.3
22.76
21.66
27.55
22.31
21.49
Diluted EPS from Cont Ops
7.85
8.36
9.04
10.09
9.93
12.08
6.5
17.59
21.95
24.5
22.76
21.66
27.55
22.31
21.49

Balance Sheet (USD)

APIChat
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
14,094
13,855
13,329
12,322
14,573
15,108
17,505
16,103
17,095
19,378
19,815
20,991
20,521
21,849
25,362
+ Cash, Cash Equivalents & STI
3,585
1,898
2,617
1,446
1,090
1,837
2,861
772
1,514
3,160
3,604
2,547
1,442
2,483
4,121
+ Cash & Cash Equivalents
3,582
1,898
2,617
1,446
1,090
1,837
2,861
772
1,514
3,160
3,604
2,547
1,442
2,483
4,121
+ ST Investments
3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Accounts & Notes Receiv
6,064
6,563
5,834
5,877
7,254
8,202
10,257
11,916
11,431
11,523
12,542
14,823
15,315
15,308
16,902
+ Accounts Receivable, Net
6,064
6,563
5,834
5,877
7,254
8,202
2,265
2,444
2,337
1,978
1,963
2,505
2,132
2,351
3,901
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
- -
- -
- -
- -
- -
- -
7,992
9,472
9,094
9,545
10,579
12,318
13,183
12,957
13,001
+ Inventories
2,481
2,937
2,977
2,804
4,819
4,670
2,878
2,997
3,619
3,545
2,981
3,088
3,132
3,474
3,524
+ Raw Materials
- -
- -
- -
- -
1,030
833
563
446
532
612
624
599
606
661
659
+ Work In Process
7,129
7,000
7,073
6,731
8,081
7,864
1,823
2,161
2,783
2,693
2,163
2,297
2,338
2,617
2,667
+ Finished Goods
- -
- -
- -
- -
- -
- -
492
390
304
240
194
192
188
196
198
+ Inventory Adjustments
-5,425
-4,932
-4,834
-4,701
-5,032
-4,746
-3,968
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
777
869
738
774
740
719
3,968
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Assets
1,964
2,457
1,901
2,195
1,410
399
1,509
418
531
1,150
688
533
632
584
815
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
23,814
24,802
22,859
24,724
34,731
32,698
29,115
28,773
30,433
31,332
31,058
31,889
31,935
33,768
34,478
+ Property, Plant & Equip, Net
4,611
4,675
4,706
4,751
5,389
5,549
5,775
6,124
6,591
7,213
7,597
7,975
8,370
8,726
8,875
+ Property, Plant & Equip
12,470
12,985
13,366
13,489
14,266
14,877
15,361
16,089
16,978
18,149
19,100
20,138
21,182
22,219
23,103
- Accumulated Depreciation
7,859
8,310
8,660
8,738
8,877
9,328
9,586
9,965
10,387
10,936
11,503
12,163
12,812
13,493
14,228
+ LT Investments & Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
19,203
20,127
18,153
19,973
29,342
27,149
23,340
22,649
23,842
24,119
23,461
23,914
23,565
25,042
25,603
+ Total Intangible Assets
10,148
10,370
10,348
11,186
14,717
14,857
14,604
14,263
13,817
13,818
13,519
13,239
13,011
14,948
15,618
+ Goodwill
10,148
10,370
10,348
10,862
10,695
10,764
10,807
10,769
10,604
10,806
10,813
10,780
10,799
11,067
11,314
+ Other Intangible Assets
- -
- -
- -
324
4,022
4,093
3,797
3,494
3,213
3,012
2,706
2,459
2,212
3,881
4,304
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
9,055
9,757
7,805
8,787
14,625
12,292
8,736
8,386
10,025
10,301
9,942
10,675
10,554
10,094
9,985
Total Assets
37,908
38,657
36,188
37,046
49,304
47,806
46,620
44,876
47,528
50,710
50,873
52,880
52,456
55,617
59,840
+ Payables & Accruals
3,933
3,687
3,206
3,386
3,452
3,417
3,252
4,524
3,747
4,043
3,888
5,192
5,445
5,347
6,814
+ Accounts Payable
2,269
2,038
1,397
1,562
1,745
1,653
1,467
2,402
1,281
880
780
2,117
2,312
2,222
3,630
+ Accrued Taxes
1,664
1,649
1,809
1,824
1,707
1,764
1,785
2,122
2,466
3,163
3,108
- -
- -
- -
- -
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3,075
3,133
3,125
3,184
+ ST Debt
- -
150
- -
- -
956
- -
750
1,500
1,250
500
6
118
168
643
1,168
+ ST Borrowings
- -
150
- -
- -
956
- -
750
1,500
1,250
500
6
118
168
643
1,168
+ ST Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Liabilities
8,197
8,318
7,914
7,726
9,510
9,125
8,911
8,374
8,975
9,390
10,103
10,577
11,324
13,430
15,353
+ Deferred Revenue
6,399
6,503
6,349
5,775
6,703
6,776
7,028
6,491
7,054
7,545
8,107
8,488
9,190
9,795
11,440
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
1,798
1,815
1,565
1,951
2,807
2,349
1,883
1,883
1,921
1,845
1,996
2,089
2,134
3,635
3,913
Total Current Liabilities
12,130
12,155
11,120
11,112
13,918
12,542
12,913
14,398
13,972
13,933
13,997
15,887
16,937
19,420
23,335
+ LT Debt
6,460
6,158
6,152
6,142
14,305
14,282
13,513
12,604
11,404
11,669
11,670
15,429
17,291
19,627
20,532
+ LT Borrowings
6,460
6,158
6,152
6,142
14,305
14,282
13,513
12,604
11,404
11,669
11,670
15,429
17,291
19,627
20,532
+ LT Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Liabilities
18,317
20,305
13,998
16,392
17,984
19,376
20,970
16,425
18,981
19,070
14,247
12,298
11,393
10,237
9,252
+ Accrued Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Pension Liabilities
14,776
16,498
10,263
12,515
12,877
14,717
16,422
12,114
13,234
12,874
8,319
5,472
6,162
4,791
3,915
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
3,541
3,807
3,735
3,877
5,107
4,659
4,548
4,311
5,747
6,196
5,928
6,826
5,231
5,446
5,337
Total Noncurrent Liabilities
24,777
26,463
20,150
22,534
32,289
33,658
34,483
29,029
30,385
30,739
25,917
27,727
28,684
29,864
29,784
Total Liabilities
36,907
38,618
31,270
33,646
46,207
46,200
47,396
43,427
44,357
44,672
39,914
43,614
45,621
49,284
53,119
+ Preferred Equity and Hybrid Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
321
321
319
314
303
289
284
281
280
500
365
346
240
234
229
+ Common Stock
321
321
319
314
303
289
284
281
280
279
271
254
240
234
229
+ Additional Paid in Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
221
94
92
- -
- -
- -
- Treasury Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Retained Earnings
11,937
13,211
14,200
14,956
14,238
13,324
11,405
15,434
18,401
21,636
21,600
16,943
15,398
14,551
14,034
+ Other Equity
-11,257
-13,493
-9,601
-11,870
-11,444
-12,102
-12,539
-14,321
-15,554
-16,121
-11,006
-8,023
-8,803
-8,452
-7,542
Equity Before Minority Interest
1,001
39
4,918
3,400
3,097
1,511
-850
1,394
3,127
6,015
10,959
9,266
6,835
6,333
6,721
+ Minority/Non Controlling Interest
- -
- -
- -
- -
- -
95
74
55
44
23
- -
- -
- -
- -
- -
Total Equity
1,001
39
4,918
3,400
3,097
1,606
-776
1,449
3,171
6,038
10,959
9,266
6,835
6,333
6,721
Total Liabilities & Equity
37,908
38,657
36,188
37,046
49,304
47,806
46,620
44,876
47,528
50,710
50,873
52,880
52,456
55,617
59,840
Shares Outstanding
323
321
321
316
305
290
285
281
281
279
271
254
240
234
229
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Debt
2,878
4,410
3,535
4,696
14,171
12,445
11,402
13,332
11,140
9,009
8,072
13,000
16,017
17,787
17,579
Net Debt to Equity
287.51
11,307.69
71.88
138.12
457.57
774.91
-1,469.33
920.08
351.31
149.21
73.66
140.3
234.34
280.86
261.55
Tangible Common Equity Ratio
-32.95
-36.52
-21.01
-30.11
-33.6
-40.22
-48.04
-41.86
-31.58
-21.09
-6.85
-10.02
-15.66
-21.18
-20.12
Current Ratio
1.16
1.14
1.2
1.11
1.05
1.2
1.36
1.12
1.22
1.39
1.42
1.32
1.21
1.13
1.09
Cash Conversion Cycle
50.23
53.75
60.88
68.03
81.86
86.13
56.21
23.9
25.15
28.12
25.99
22.41
18.07
17.48
18.32

Cash Flow Statement (USD)

APIChat
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
2,655
2,745
2,981
3,614
3,605
5,173
1,963
5,046
6,230
6,833
6,315
5,732
6,920
5,336
5,017
+ Depreciation & Amortization
1,008
988
990
994
1,026
1,215
1,195
1,161
1,189
1,290
1,364
1,404
1,430
1,559
1,687
+ Non-Cash Items
5
1,307
684
159
296
-1,547
3,639
829
715
-22
1,755
1,251
-614
240
1,667
+ Stock-Based Compensation
157
167
189
164
138
149
158
173
189
221
227
238
265
277
304
+ Deferred Income Taxes
-91
930
-5
-401
-445
-193
3,448
-244
222
60
-183
-757
-498
-588
372
+ Asset Impairment Charge
- -
- -
195
119
- -
- -
- -
- -
- -
128
- -
100
92
87
66
+ Other Non-Cash Adj
-61
210
305
277
603
-1,503
33
900
304
-431
1,711
1,670
-473
464
925
+ Chg in Non-Cash Work Cap
585
-3,479
-109
-901
174
348
-321
-3,898
-823
82
-213
-585
184
-163
186
+ (Inc) Dec in Accts Receiv
-363
-460
767
28
-256
-648
-512
-1,659
485
-92
-1,019
-2,281
-492
-328
-1,833
+ (Inc) Dec in Inventories
-74
-422
-60
77
-398
173
-79
-119
-622
74
564
-107
-44
-478
-286
+ (Inc) Dec in Prepaid Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc (Dec) in Accts Payable
913
-771
-283
446
-208
-42
-1,399
1,991
-1,249
-391
-53
1,422
18
38
1,086
+ Inc (Dec) in Other
109
-1,826
-533
-1,452
1,036
865
1,669
-4,111
563
491
295
381
702
605
1,219
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
4,253
1,561
4,546
3,866
5,101
5,189
6,476
3,138
7,311
8,183
9,221
7,802
7,920
6,972
8,557
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Fixed Prod Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
-814
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed Prod Assets
-814
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
-2,465
-990
-1,762
-1,900
-3,071
-2,096
-2,001
-1,492
-1,200
-1,100
-4,087
-7,900
-6,000
-3,700
-3,000
+ Increase in Capital Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Decrease in Capital Stock
-2,465
-990
-1,762
-1,900
-3,071
-2,096
-2,001
-1,492
-1,200
-1,100
-4,087
-7,900
-6,000
-3,700
-3,000
+ Net Change in LT Investment
510
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Dec in LT Investment
510
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Cash From Acq & Div
-624
-259
-269
-898
-9,003
- -
- -
- -
- -
-282
- -
- -
- -
- -
- -
+ Cash from Divestitures
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash for Acq of Subs
-624
-259
-269
-898
-9,003
- -
- -
- -
- -
-282
- -
- -
- -
- -
- -
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
140
-918
-852
-825
-731
-985
-1,147
-1,075
-1,241
-1,728
-1,161
-1,789
-1,694
-1,792
-1,977
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-788
-1,177
-1,121
-1,723
-9,734
-985
-1,147
-1,075
-1,241
-2,010
-1,161
-1,789
-1,694
-1,792
-1,977
+ Dividends Paid
-1,095
-1,352
-1,540
-1,760
-1,932
-2,048
-2,163
-2,347
-2,556
-2,764
-2,940
-3,016
-3,056
-3,059
-3,131
+ Net Cash From Debt
1,348
- -
-150
- -
9,101
-952
- -
-900
-1,500
-519
-500
3,961
1,860
2,802
1,343
+ Cash From Debt
1,980
- -
- -
- -
15,101
- -
- -
600
- -
1,131
- -
6,211
1,975
2,970
1,985
+ Repayments of Debt
-632
- -
-150
- -
-6,000
-952
- -
-1,500
-1,500
-1,650
-500
-2,250
-115
-168
-642
+ Other Financing Activities
68
274
746
346
179
1,639
-141
587
-72
-144
-89
-115
-135
-182
-154
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
-2,144
-2,068
-2,706
-3,314
4,277
-3,457
-4,305
-4,152
-5,328
-4,527
-7,616
-7,070
-7,331
-4,139
-4,942
Effect of Foreign Exchange Rates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Changes in Cash
1,321
-1,684
719
-1,171
-356
747
1,024
-2,089
742
1,646
444
-1,057
-1,105
1,041
1,638
EBITDA
5,028
5,422
5,495
6,006
5,738
7,103
7,939
8,495
9,734
9,934
10,487
9,752
9,937
8,572
9,418
EBITDA Margin (%)
10.81
11.49
12.11
15.04
14.16
15.02
15.89
15.8
16.27
15.19
15.64
14.78
14.71
12.07
12.55
Free Cash Flow
3,439
1,561
4,546
3,866
5,101
5,189
6,476
3,138
7,311
8,183
9,221
7,802
7,920
6,972
8,557
Net Cash Paid for Acquisitions
624
259
269
898
9,003
- -
- -
- -
- -
282
- -
- -
- -
- -
- -
Free Cash Flow to Firm
3,699
1,819
4,794
4,102
5,423
5,700
6,711
3,715
7,873
8,677
9,697
8,337
8,703
7,861
9,504
Free Cash Flow to Equity
4,787
1,561
4,396
3,866
14,202
4,237
6,476
2,238
5,811
7,664
8,721
11,763
9,780
9,774
9,900
Free Cash Flow per Basic Share
10.24
4.82
14.17
12.2
16.44
17.34
22.5
11.03
25.93
29.22
33.36
29.59
31.64
29.26
36.77
Price/Free Cash Flow
5.43
19.42
10.68
16.06
13.4
14.6
14.41
23.93
15.12
12.2
10.69
16.5
14.38
16.67
13.2
Cash Flow to Net Income
1.6
0.57
1.52
1.07
1.41
1
3.3
0.62
1.17
1.2
1.46
1.36
1.14
1.31
1.71
Capital Expenditures
-814
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -