Marvell Technology, Inc.

MRVL

MRVLMarvell Technology, Inc. US flag

NASDAQ Global Select

279.70

USD

-1.01

- -

244.68BMarket Cap

Income Statement (USD)

MCP API Chat

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Sales/Revenue/Turnover	3,393	3,169	3,404	3,637	2,602	2,301	2,409	2,866	2,699	2,969	4,462	5,920	5,508	5,767	8,195
+ Sales & Services Revenue	3,393	3,169	3,404	3,637	2,602	2,301	2,409	2,866	2,699	2,969	4,462	5,920	5,508	5,767	8,195
- Cost of Revenue	1,466	1,493	1,664	1,799	1,406	1,018	947	1,407	1,342	1,481	2,398	2,932	3,214	3,385	4,014
+ Cost of Goods & Services	1,466	1,493	1,664	1,799	1,406	1,018	947	1,407	1,342	1,481	2,398	2,932	3,214	3,385	4,014
Gross Profit	1,927	1,675	1,741	1,838	1,196	1,283	1,462	1,458	1,357	1,488	2,064	2,988	2,294	2,382	4,181
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	1,323	1,380	1,455	1,371	1,234	1,056	953	1,338	1,545	1,540	2,380	2,628	2,730	2,749	2,842
+ Selling, General & Admin	260	270	257	264	279	251	238	424	465	467	955	844	834	798	767
+ Research & Development	1,014	1,057	1,154	1,092	955	805	714	914	1,080	1,073	1,424	1,784	1,896	1,950	2,075
+ Other Operating Expense	49	53	44	16	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	604	295	285	467	-37	227	509	120	-188	-52	-315	360	-437	-366	1,338
- Non-Operating (Income) Loss	-15	-16	-21	-13	690	80	58	125	-986	271	168	274	322	528	-1,708
+ Interest Expense, Net	- -	- -	-8	-10	-15	-13	-17	48	81	67	138	153	191	174	-1,724
+ Interest Expense	- -	- -	2	1	1	- -	1	60	86	69	139	171	212	189	203
- Interest Income	- -	- -	9	11	16	13	17	12	5	3	1	18	21	15	1,926
+ Other Non-Op (Income) Loss	-15	-16	-13	-3	706	93	75	76	-1,067	204	30	122	131	354	16
Pretax Income	619	310	306	480	-728	147	451	-5	798	-322	-484	85	-759	-895	3,047
- Income Tax Expense (Benefit)	4	4	-9	-4	11	73	18	174	-786	-45	-62	249	175	-10	376
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	615	307	315	484	-738	75	433	-179	1,584	-277	-421	-164	-933	-885	2,670
- Net Extraordinary Losses (Gains)	- -	- -	- -	48	73	54	-88	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	-48	-73	-54	88	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	97	146	107	-175	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	615	307	315	435	-811	21	521	-179	1,584	-277	-421	-164	-933	-885	2,670
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	615	307	315	435	-811	21	521	-179	1,584	-277	-421	-164	-933	-885	2,670
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	615	307	315	435	-811	21	521	-179	1,584	-277	-421	-164	-933	-885	2,670
EBIT	604	295	285	467	-37	227	509	120	-188	-52	-315	360	-437	-366	1,338
EBITDA	742	438	432	591	75	346	596	427	337	590	930	1,752	961	990	2,629
EBITDA Margin (%)	21.87	13.84	12.69	16.26	2.9	15.02	24.75	14.91	12.47	19.87	20.84	29.59	17.45	17.17	32.08
EBITA	604	295	285	467	-37	227	509	120	-188	-52	-315	360	-437	-366	1,338
Gross Margin (%)	56.8	52.87	51.13	50.53	45.97	55.78	60.68	50.89	50.27	50.13	46.26	50.47	41.64	41.31	51.02
Operating Margin (%)	17.81	9.3	8.38	12.83	-1.44	9.87	21.14	4.19	-6.97	-1.74	-7.07	6.07	-7.93	-6.35	16.33
Profit Margin (%)	18.13	9.68	9.26	11.97	-31.18	0.92	21.62	-6.25	58.7	-9.34	-9.43	-2.76	-16.95	-15.35	32.58
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	0.18	0.24	0.24	0.24	0.24	0.24	0.25	0.24	0.24	0.24	0.24	0.24	0.24	0.24
Depreciation Expense	138	144	147	125	113	118	87	307	525	642	1,245	1,392	1,398	1,357	1,291
Basic Weighted Avg Shares	608	555	497	511	511	510	498	591	665	669	797	851	861	866	861
Basic EPS, GAAP	1.01	0.55	0.64	0.85	-1.59	0.04	1.05	-0.3	2.38	-0.41	-0.53	-0.19	-1.08	-1.02	3.1
Basic EPS from Cont Ops	1.01	0.55	0.64	0.95	-1.45	0.15	0.87	-0.3	2.38	-0.41	-0.53	-0.19	-1.08	-1.02	3.1
Diluted Weighted Avg Shares	623	563	504	521	511	518	510	591	676	669	797	851	861	866	870
Diluted EPS, GAAP	0.99	0.54	0.63	0.84	-1.59	0.04	1.02	-0.3	2.34	-0.41	-0.53	-0.19	-1.08	-1.02	3.07
Diluted EPS from Cont Ops	0.99	0.54	0.63	0.93	-1.45	0.14	0.85	-0.3	2.34	-0.41	-0.53	-0.19	-1.08	-1.02	3.07

Balance Sheet (USD)

MCP API Chat

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Total Current Assets	3,079	2,585	2,839	3,344	2,955	2,290	2,364	1,395	1,537	1,617	2,493	3,281	3,063	3,120	6,461
+ Cash, Cash Equivalents & STI	2,246	1,919	1,969	2,530	2,283	1,668	1,841	582	648	748	614	911	951	948	2,639
+ Cash & Cash Equivalents	785	752	966	1,211	1,278	814	888	582	648	748	614	911	951	948	2,639
+ ST Investments	1,462	1,167	1,004	1,319	1,005	854	953	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	407	330	453	421	323	335	280	493	492	537	1,049	1,192	1,122	1,028	2,187
+ Accounts Receivable, Net	407	330	453	421	323	335	280	493	492	537	1,049	1,192	1,122	1,028	2,187
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	354	250	348	308	201	171	170	276	323	268	720	1,068	864	1,030	1,388
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	191	141	195	184	126	109	104	162	216	187	579	756	524	709	1,106
+ Finished Goods	163	110	152	124	75	61	66	114	106	81	141	312	341	321	282
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	71	86	68	85	148	116	72	44	75	64	111	110	126	114	247
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	2,689	2,676	2,612	2,540	2,487	2,358	2,344	8,621	9,596	9,148	19,615	19,241	18,166	17,084	15,825
+ Property, Plant & Equip, Net	384	373	356	341	297	243	202	319	468	428	605	789	960	1,036	1,219
+ Property, Plant & Equip	899	946	985	1,034	1,005	1,009	902	1,032	1,208	1,210	1,470	1,747	2,040	2,284	2,627
- Accumulated Depreciation	515	573	629	694	708	766	700	713	740	783	865	958	1,081	1,247	1,408
+ LT Investments & Receivables	30	31	31	19	17	10	2	- -	- -	8	31	36	46	48	130
+ LT Investments	30	31	31	19	17	10	2	- -	- -	8	31	36	46	48	130
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	2,275	2,272	2,225	2,180	2,174	2,104	2,140	8,303	9,128	8,713	18,980	18,416	17,160	16,000	14,476
+ Total Intangible Assets	2,224	2,217	2,176	2,135	2,077	2,063	2,081	8,180	8,380	7,850	18,155	17,128	15,942	14,699	13,113
+ Goodwill	2,032	2,032	2,030	2,030	2,003	1,993	1,993	5,495	5,337	5,337	11,511	11,587	11,587	11,587	11,062
+ Other Intangible Assets	192	185	146	105	73	70	88	2,686	3,042	2,513	6,644	5,542	4,355	3,112	2,051
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	52	55	49	45	97	41	59	122	748	863	825	1,288	1,219	1,301	1,363
Total Assets	5,768	5,262	5,451	5,884	5,442	4,649	4,708	10,017	11,133	10,765	22,109	22,522	21,228	20,204	22,285
+ Payables & Accruals	392	431	478	414	1,048	287	232	365	353	552	927	1,347	1,263	1,524	2,314
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	462	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	1	47	6	2	23	118	18	56	228
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	392	431	478	414	1,048	287	231	318	347	550	442	1,228	1,246	1,469	2,086
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	29	232	101	628	147	178	556
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	200	63	584	107	130	500
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	29	32	38	44	39	48	56
+ Other ST Liabilities	197	177	173	223	177	209	189	272	329	293	360	412	404	325	350
+ Deferred Revenue	60	60	62	68	54	64	61	142	117	16	39	45	43	22	40
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	137	117	111	155	123	145	128	129	212	277	321	366	361	302	310
Total Current Liabilities	590	608	651	637	1,226	496	421	637	710	1,077	1,389	2,387	1,814	2,027	3,220
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	1,733	1,555	1,098	4,625	4,109	4,255	4,165	4,234
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	1,733	1,439	993	4,485	3,908	4,059	3,934	3,971
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	116	104	140	202	196	231	263
+ Other LT Liabilities	164	169	124	101	76	125	146	341	190	154	393	389	328	585	522
+ Accrued Liabilities	- -	- -	- -	- -	1	39	52	246	31	22	34	64	59	34	20
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	164	169	124	101	75	86	94	95	158	132	358	325	270	552	502
Total Noncurrent Liabilities	164	169	124	101	76	125	146	2,074	1,744	1,252	5,018	4,498	4,583	4,751	4,756
Total Liabilities	754	777	775	738	1,302	621	567	2,710	2,455	2,329	6,406	6,885	6,397	6,778	7,977
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	3,684	2,947	2,943	3,101	3,030	3,018	2,734	6,190	6,137	6,332	14,211	14,514	14,847	14,536	12,953
+ Common Stock	1	1	1	1	1	1	1	1	1	1	2	2	2	2	2
+ Additional Paid in Capital	3,683	2,946	2,942	3,100	3,029	3,017	2,733	6,189	6,136	6,331	14,209	14,512	14,845	14,534	12,951
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	1,329	1,537	1,733	2,045	1,111	1,010	1,409	1,116	2,541	2,103	1,491	1,124	-17	-1,109	1,356
+ Other Equity	1	1	1	- -	-1	- -	-2	- -	- -	- -	- -	- -	1	- -	- -
Equity Before Minority Interest	5,014	4,485	4,676	5,146	4,140	4,028	4,141	7,306	8,679	8,436	15,702	15,637	14,831	13,427	14,308
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	5,014	4,485	4,676	5,146	4,140	4,028	4,141	7,306	8,679	8,436	15,702	15,637	14,831	13,427	14,308
Total Liabilities & Equity	5,768	5,262	5,451	5,884	5,442	4,649	4,708	10,017	11,133	10,765	22,109	22,522	21,228	20,204	22,285
Shares Outstanding	584	508	502	515	508	506	496	659	663	675	847	856	866	866	847
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	144	137	178	245	235	279	320
Net Debt	-785	-752	-966	-1,211	-1,278	-814	-888	1,150	791	444	3,934	3,581	3,215	3,116	1,832
Net Debt to Equity	-15.65	-16.77	-20.65	-23.53	-30.87	-20.21	-21.45	15.74	9.12	5.27	25.06	22.9	21.68	23.2	12.8
Tangible Common Equity Ratio	78.74	74.47	76.33	80.31	61.31	75.98	78.42	-47.6	10.86	20.1	-62.03	-27.65	-21	-23.1	13.03
Current Ratio	5.22	4.25	4.36	5.25	2.41	4.61	5.61	2.19	2.16	1.5	1.8	1.37	1.69	1.54	2.01
Cash Conversion Cycle	121.26	116.35	107.64	110.41	118.27	118.92	112.32	107.1	148.07	136.13	110.51	154.73	186.41	170.15	181.53

Cash Flow Statement (USD)

MCP API Chat

	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	2026 Y
As of date	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

+ Net Income	615	307	315	435	-811	21	521	-179	1,584	-277	-421	-164	-933	-885	2,670
+ Depreciation & Amortization	138	144	147	125	113	118	87	307	525	642	1,245	1,392	1,398	1,357	1,291
+ Non-Cash Items	132	142	161	114	170	211	7	543	-1,558	385	658	710	848	1,080	-1,102
+ Stock-Based Compensation	120	127	156	137	134	114	87	184	242	242	461	552	610	597	591
+ Deferred Income Taxes	-3	7	4	-13	6	45	20	119	-785	-40	-94	50	151	-112	42
+ Asset Impairment Charge	- -	- -	- -	-9	16	53	-5	- -	18	131	6	6	33	529	- -
+ Other Non-Cash Adj	15	7	1	-2	14	- -	-95	240	-1,033	52	285	101	55	66	-1,735
+ Chg in Non-Cash Work Cap	-113	137	-175	55	734	-709	-44	-74	-191	68	-663	-650	58	129	-1,108
+ (Inc) Dec in Accts Receiv	55	77	-123	34	98	-12	55	-99	11	-44	-409	-143	71	93	-1,158
+ (Inc) Dec in Inventories	-101	103	-97	39	91	29	-12	4	13	30	-292	-386	202	-230	-390
+ (Inc) Dec in Prepaid Assets	31	-7	19	6	-23	2	12	-12	-54	-42	-162	-480	-93	3	-242
+ Inc (Dec) in Accts Payable	-81	-36	24	-30	582	-742	-99	32	-161	124	200	359	-122	262	682
+ Inc (Dec) in Other	-16	- -	2	6	-12	14	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	771	729	448	729	205	-358	571	597	360	817	819	1,289	1,370	1,681	1,750
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	10	- -	13	44	1	1	- -	- -	- -	- -	27
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	10	- -	13	44	1	1	- -	- -	- -	- -	27
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-103	-103	-84	-79	-56	-55	-45	-87	-87	-120	-187	-217	-350	-292	-359
+ Acq of Fixed Prod Assets	-89	-68	-67	-63	-47	-45	-39	-76	-82	-107	-169	-206	-336	-285	-354
+ Acq of Intangible Assets	-14	-35	-18	-16	-8	-10	-7	-12	-5	-13	-18	-11	-14	-7	-4
+ Cash (Repurchase) of Equity	-1,341	-937	-376	-65	-261	-182	-528	-104	-364	-25	- -	-115	-150	-725	-2,040
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-1,341	-937	-376	-65	-261	-182	-528	-104	-364	-25	- -	-115	-150	-725	-2,040
+ Net Change in LT Investment	-390	292	157	-302	247	216	-102	947	19	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	1,462	1,836	995	826	1,304	981	1,033	987	19	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	-1,852	-1,544	-838	-1,128	-1,056	-765	-1,135	-40	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-98	-10	2	13	- -	- -	2	-2,653	628	- -	-3,555	-112	- -	-10	2,479
+ Cash from Divestitures	- -	- -	6	13	- -	- -	2	- -	1,699	- -	- -	- -	- -	- -	2,479
+ Cash for Acq of Subs	-98	-10	-4	-1	- -	- -	- -	-2,653	-1,071	- -	-3,555	-112	- -	-10	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	172	-3	-2	-1	-3	1	-1	1	-50
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	166	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-590	179	75	-369	202	162	40	-1,753	559	-120	-3,745	-328	-350	-301	2,098
+ Dividends Paid	- -	-99	-119	-123	-123	-122	-119	-148	-160	-161	-191	-204	-207	-208	-205
+ Net Cash From Debt	-1	- -	- -	- -	- -	- -	- -	1,136	-300	-250	3,188	-66	-327	-109	408
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	1,893	950	- -	3,896	200	1,295	- -	1,199
+ Repayments of Debt	-1	- -	- -	- -	- -	- -	- -	-756	-1,250	-250	-708	-266	-1,622	-109	-791
+ Other Financing Activities	98	95	187	73	44	37	111	-35	-30	-161	-206	-278	-296	-341	-321
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-1,243	-941	-309	-115	-340	-267	-536	850	-854	-597	2,791	-663	-980	-1,383	-2,158
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-1,062	-33	214	245	67	-464	74	-306	65	101	-135	298	40	-2	1,690
EBITDA	742	438	432	591	75	346	596	427	337	590	930	1,752	961	990	2,629
EBITDA Margin (%)	21.87	13.84	12.69	16.26	2.9	15.02	24.75	14.91	12.47	19.87	20.84	29.59	17.45	17.17	32.08
Free Cash Flow	669	626	364	649	150	-413	526	509	274	698	632	1,072	1,020	1,390	1,392
Net Cash Paid for Acquisitions	98	10	-2	-13	- -	- -	-2	2,653	-628	- -	3,555	112	- -	10	-2,479
Free Cash Flow to Firm	669	626	- -	- -	- -	-413	527	- -	- -	- -	- -	744	- -	- -	1,569
Free Cash Flow to Equity	682	661	381	666	168	-403	545	1,701	-21	461	3,838	1,017	707	1,288	1,832
Free Cash Flow per Basic Share	1.1	1.13	0.73	1.27	0.29	-0.81	1.06	0.86	0.41	1.04	0.79	1.26	1.18	1.61	1.62
Price/Free Cash Flow	11.08	6.26	14.15	9.98	17.32	-25.35	19.29	16.01	36.37	36.74	56.54	24.39	33.89	49.51	32.54
Cash Flow to Net Income	1.25	2.38	1.42	1.67	-0.25	-16.95	1.1	-3.33	0.23	-2.95	-1.95	-7.88	-1.47	-1.9	0.66
Capital Expenditures	-103	-103	-84	-79	-56	-55	-45	-87	-87	-120	-187	-217	-350	-292	-359