Motorola Solutions, Inc.

MSI

MSIMotorola Solutions, Inc. US flag

New York Stock Exchange

412.25

USD

+1.90

- -

68.43BMarket Cap

Income Statement (USD)

MCP API Chat

	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	8,203	6,269	6,227	5,881	5,695	6,038	6,380	7,343	7,887	7,414	8,171	9,112	9,978	10,817	11,682
+ Sales & Services Revenue	8,203	6,269	6,227	5,881	5,695	6,038	6,380	7,343	7,887	7,414	8,171	9,112	9,978	10,817	11,682
- Cost of Revenue	4,057	3,075	3,118	3,050	2,976	3,169	3,356	3,863	3,956	3,806	4,131	4,883	5,008	5,305	5,647
+ Cost of Goods & Services	4,057	3,075	3,118	3,050	2,976	3,169	3,356	3,863	3,956	3,806	4,131	4,883	5,008	5,305	5,647
Gross Profit	4,146	3,194	3,109	2,831	2,719	2,869	3,024	3,480	3,931	3,608	4,040	4,229	4,970	5,512	6,035
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	3,147	2,263	2,092	1,869	1,649	1,710	1,744	2,136	2,298	2,194	2,323	2,486	2,611	2,823	3,076
+ Selling, General & Admin	1,912	1,472	1,330	1,184	1,021	1,044	1,025	1,254	1,403	1,293	1,353	1,450	1,561	1,752	1,870
+ Research & Development	1,035	790	761	681	620	553	568	637	687	686	734	779	858	917	970
+ Other Operating Expense	200	1	1	4	8	113	151	245	208	215	236	257	192	154	236
Operating Income (Loss)	999	931	1,017	962	1,070	1,159	1,280	1,344	1,633	1,414	1,717	1,743	2,359	2,689	2,959
- Non-Operating (Income) Loss	261	50	137	2,123	153	315	204	242	632	240	165	228	213	717	147
+ Interest Expense, Net	74	66	113	126	173	205	201	222	220	220	208	226	216	227	302
+ Interest Expense	132	108	132	147	186	225	215	240	237	233	215	240	249	295	360
- Interest Income	58	42	19	21	13	20	14	18	17	13	7	14	33	68	58
+ Other Non-Op (Income) Loss	187	-16	24	1,997	-20	110	3	20	412	20	-43	2	-3	490	-155
Pretax Income	738	881	880	-1,161	917	844	1,076	1,102	1,001	1,174	1,552	1,515	2,146	1,972	2,812
- Income Tax Expense (Benefit)	-3	211	-59	-465	274	282	1,227	133	130	221	302	148	432	390	652
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	741	670	939	-696	643	562	-151	969	871	953	1,250	1,367	1,714	1,582	2,160
- Net Extraordinary Losses (Gains)	-423	-211	-154	-1,994	36	4	8	6	6	8	10	8	10	10	12
+ Discontinued Operations	411	211	166	1,996	-30	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-834	-422	-320	-3,990	66	4	8	6	6	8	10	8	10	10	12
Income (Loss) Incl. MI	1,164	881	1,093	1,298	607	558	-159	963	865	945	1,240	1,359	1,704	1,572	2,148
- Minority Interest	6	- -	-6	-1	-3	-2	-4	-3	-3	-4	-5	-4	-5	-5	-6
Net Income, GAAP	1,158	881	1,099	1,299	610	560	-155	966	868	949	1,245	1,363	1,709	1,577	2,154
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1,158	881	1,099	1,299	610	560	-155	966	868	949	1,245	1,363	1,709	1,577	2,154
EBIT	999	931	1,017	962	1,070	1,159	1,280	1,344	1,633	1,414	1,717	1,743	2,359	2,689	2,959
EBITDA	1,365	1,082	1,175	1,135	1,220	1,454	1,623	1,704	2,027	1,823	2,155	2,183	2,715	3,025	3,384
EBITDA Margin (%)	16.64	17.26	18.87	19.3	21.42	24.08	25.44	23.21	25.7	24.59	26.37	23.96	27.21	27.97	28.97
EBITA	999	931	1,017	962	1,070	1,159	1,280	1,344	1,633	1,414	1,717	1,743	2,359	2,689	2,959
Gross Margin (%)	50.54	50.95	49.93	48.14	47.74	47.52	47.4	47.39	49.84	48.66	49.44	46.41	49.81	50.96	51.66
Operating Margin (%)	12.18	14.85	16.33	16.36	18.79	19.2	20.06	18.3	20.7	19.07	21.01	19.13	23.64	24.86	25.33
Profit Margin (%)	14.12	14.05	17.65	22.09	10.71	9.27	-2.43	13.16	11.01	12.8	15.24	14.96	17.13	14.58	18.44
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.22	0.92	1.1	1.29	1.39	1.65	1.88	2.08	2.27	2.56	2.85	3.16	3.53	3.92	4.37
Depreciation Expense	366	151	158	173	150	295	343	360	394	409	438	440	356	336	425
Basic Weighted Avg Shares	334	292	266	246	200	170	163	162	167	170	169	168	167	167	167
Basic EPS, GAAP	3.47	3.02	4.13	5.29	3.06	3.3	-0.95	5.95	5.21	5.58	7.36	8.14	10.23	9.45	12.93
Basic EPS from Cont Ops	2.22	2.29	3.53	-2.83	3.22	3.31	-0.93	5.97	5.23	5.61	7.39	8.16	10.26	9.48	12.97
Diluted Weighted Avg Shares	340	297	270	246	202	173	163	172	176	174	174	172	172	171	169
Diluted EPS, GAAP	3.41	2.96	4.06	5.29	3.02	3.24	-0.95	5.62	4.94	5.45	7.17	7.93	9.93	9.23	12.75
Diluted EPS from Cont Ops	2.18	2.25	3.47	-2.83	3.19	3.25	-0.93	5.63	4.96	5.47	7.2	7.95	9.96	9.26	12.78

Balance Sheet (USD)

MCP API Chat

	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	8,768	7,401	7,020	6,879	4,619	3,468	3,950	4,272	4,178	4,327	5,412	5,255	5,725	6,479	6,300
+ Cash, Cash Equivalents & STI	5,091	3,603	3,227	3,954	2,418	1,013	1,205	1,257	1,001	1,254	1,874	1,325	1,705	2,099	1,163
+ Cash & Cash Equivalents	1,881	1,468	3,225	3,954	1,980	967	1,205	1,257	1,001	1,254	1,874	1,325	1,705	2,099	1,163
+ ST Investments	3,210	2,135	2	- -	438	46	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	2,253	2,392	1,881	1,978	1,780	1,976	2,162	2,443	2,535	2,375	2,539	2,572	2,884	3,226	3,793
+ Accounts Receivable, Net	1,866	1,881	1,369	1,409	1,362	1,410	1,523	1,293	1,412	1,390	1,386	1,518	1,710	1,952	2,200
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	387	511	512	569	418	566	639	1,150	1,123	985	1,153	1,054	1,174	1,274	1,593
+ Inventories	512	513	347	345	296	273	327	356	447	508	788	1,055	827	766	983
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	363	432	315	313	287	253	282	293	374	360	643	829	640	498	644
+ Finished Goods	319	244	157	163	151	151	178	206	209	271	268	354	328	396	455
+ Inventory Adjustments	-170	-163	-125	-131	-142	-131	-133	-143	-136	-123	-123	-128	-141	-128	-116
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	912	893	1,565	602	125	206	256	216	195	190	211	303	309	388	361
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	5,161	5,278	4,831	3,544	3,727	4,995	4,258	5,137	6,464	6,549	6,777	7,559	7,611	8,116	13,089
+ Property, Plant & Equip, Net	896	839	610	549	487	789	856	895	1,546	1,490	1,424	1,412	1,459	1,551	1,746
+ Property, Plant & Equip	2,895	2,709	2,246	2,249	2,125	2,239	2,449	2,258	3,030	3,189	3,300	3,249	3,344	3,218	3,720
- Accumulated Depreciation	1,999	1,870	1,636	1,700	1,638	1,450	1,593	1,363	1,484	1,699	1,876	1,837	1,885	1,667	1,974
+ LT Investments & Receivables	166	240	232	316	231	238	247	169	159	158	209	147	143	135	187
+ LT Investments	166	240	232	316	231	238	247	169	159	158	209	147	143	135	187
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	4,099	4,199	3,989	2,679	3,009	3,968	3,155	4,073	4,759	4,901	5,144	6,000	6,009	6,430	11,156
+ Total Intangible Assets	1,476	1,619	367	406	469	1,549	1,799	2,744	3,394	3,453	3,670	4,654	4,656	4,775	9,904
+ Goodwill	1,428	1,510	361	383	420	728	938	1,514	2,067	2,219	2,565	3,312	3,401	3,526	6,800
+ Other Intangible Assets	48	109	6	23	49	821	861	1,230	1,327	1,234	1,105	1,342	1,255	1,249	3,104
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	2,623	2,580	3,622	2,273	2,540	2,419	1,356	1,329	1,365	1,448	1,474	1,346	1,353	1,655	1,252
Total Assets	13,929	12,679	11,851	10,423	8,346	8,463	8,208	9,409	10,642	10,876	12,189	12,814	13,336	14,595	19,389
+ Payables & Accruals	1,790	1,556	1,377	1,343	1,221	1,541	1,482	1,478	1,505	1,506	1,822	2,130	1,764	2,031	2,327
+ Accounts Payable	677	705	583	671	653	733	744	777	779	776	1,086	1,207	1,021	1,178	1,328
+ Accrued Taxes	126	95	85	91	48	111	107	111	95	147	183	367	231	217	225
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	987	756	709	581	520	697	631	590	631	583	553	556	512	636	774
+ ST Debt	405	4	4	4	4	4	52	31	138	138	129	119	1,438	449	882
+ ST Borrowings	405	4	4	4	4	4	52	31	16	12	5	1	1,313	322	749
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	122	126	124	118	125	127	133
+ Other ST Liabilities	1,620	1,775	1,839	903	968	1,123	1,397	1,587	1,796	1,845	2,112	2,311	2,534	2,575	2,869
+ Deferred Revenue	1,024	1,207	654	713	727	873	1,041	1,263	1,449	1,554	1,650	1,859	2,037	2,072	2,265
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	596	568	1,185	190	241	250	356	324	347	291	462	452	497	503	604
Total Current Liabilities	3,815	3,335	3,220	2,250	2,193	2,668	2,931	3,096	3,439	3,489	4,063	4,560	5,736	5,055	6,078
+ LT Debt	1,130	1,859	2,457	3,396	4,345	4,392	4,419	5,289	5,610	5,565	6,001	6,432	5,112	6,102	8,884
+ LT Borrowings	1,130	1,859	2,457	3,396	4,345	4,392	4,419	5,289	5,113	5,163	5,688	6,013	4,705	5,675	8,413
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	497	402	313	419	407	427	471
+ Other LT Liabilities	3,710	4,195	2,485	2,011	1,904	2,355	2,585	2,300	2,276	2,363	2,148	1,691	1,749	1,719	2,000
+ Accrued Liabilities	275	304	162	139	125	308	284	415	458	463	489	436	549	672	986
+ Pension Liabilities	2,970	3,556	1,868	1,660	1,561	1,799	2,019	1,557	1,524	1,578	1,390	1,004	939	768	683
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	465	335	455	212	218	248	282	328	294	322	269	251	261	279	331
Total Noncurrent Liabilities	4,840	6,054	4,942	5,407	6,249	6,747	7,004	7,589	7,886	7,928	8,149	8,123	6,861	7,821	10,884
Total Liabilities	8,655	9,389	8,162	7,657	8,442	9,415	9,935	10,685	11,325	11,417	12,212	12,683	12,597	12,876	16,962
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	7,074	4,940	3,521	1,180	44	205	353	421	501	761	989	1,308	1,624	1,942	2,281
+ Common Stock	3	3	3	2	2	2	2	2	2	2	2	2	2	2	2
+ Additional Paid in Capital	7,071	4,937	3,518	1,178	42	203	351	419	499	759	987	1,306	1,622	1,940	2,279
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	1,016	1,625	2,425	3,410	1,716	1,148	467	1,051	1,239	1,127	1,350	1,343	1,640	2,300	2,549
+ Other Equity	-2,876	-3,300	-2,287	-1,855	-1,866	-2,317	-2,562	-2,765	-2,440	-2,446	-2,379	-2,535	-2,540	-2,539	-2,420
Equity Before Minority Interest	5,214	3,265	3,659	2,735	-106	-964	-1,742	-1,293	-700	-558	-40	116	724	1,703	2,410
+ Minority/Non Controlling Interest	60	25	30	31	10	12	15	17	17	17	17	15	15	16	17
Total Equity	5,274	3,290	3,689	2,766	-96	-952	-1,727	-1,276	-683	-541	-23	131	739	1,719	2,427
Total Liabilities & Equity	13,929	12,679	11,851	10,423	8,346	8,463	8,208	9,409	10,642	10,876	12,189	12,814	13,336	14,595	19,389
Shares Outstanding	319	276	254	220	174	165	161	164	170	169	169	168	166	167	166
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	619	528	437	537	532	554	604
Net Debt	-346	395	-764	-554	2,369	3,429	3,266	4,063	4,128	3,921	3,819	4,689	4,313	3,898	7,999
Net Debt to Equity	-6.56	12.01	-20.71	-20.03	-2,467.71	-360.19	-189.11	-318.42	-604.39	-724.77	-16,604.35	3,579.39	583.63	226.76	329.58
Tangible Common Equity Ratio	30.5	15.11	28.93	23.56	-7.17	-36.17	-55.02	-60.32	-56.25	-53.81	-43.35	-55.43	-45.13	-31.12	-78.83
Current Ratio	2.3	2.22	2.18	3.06	2.11	1.3	1.35	1.38	1.21	1.24	1.33	1.15	1	1.28	1.04
Cash Conversion Cycle	19.87	87.92	65.96	52.53	45.56	36.15	37.48	30.93	29.47	41.38	42.22	45.79	42.56	40.06	43.4

Cash Flow Statement (USD)

MCP API Chat

	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	741	670	939	-696	643	562	-151	969	871	953	1,250	1,367	1,714	1,582	2,160
+ Depreciation & Amortization	366	151	158	173	150	295	343	360	394	409	438	440	356	336	425
+ Non-Cash Items	323	240	-265	1,431	151	369	1,243	116	469	149	149	345	250	844	296
+ Stock-Based Compensation	168	146	120	94	78	68	66	73	118	129	129	172	212	243	293
+ Deferred Income Taxes	63	114	-334	-557	160	213	1,100	9	-84	-25	34	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	147	- -	- -	- -
+ Other Non-Cash Adj	92	-20	-51	1,894	-87	88	77	34	435	45	-14	26	38	601	3
+ Chg in Non-Cash Work Cap	-582	-387	-277	-1,545	77	-61	-89	-370	89	102	- -	-329	-276	-371	-44
+ (Inc) Dec in Accts Receiv	-250	81	-36	-62	21	-6	-60	62	-79	90	3	-112	-180	-246	-173
+ (Inc) Dec in Inventories	-14	-2	-8	-5	16	6	-46	71	-74	-14	-284	-242	200	62	-145
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-191	-106	-232	-72	26	241	160	271	198	-116	578	451	-144	302	280
+ Inc (Dec) in Other	-127	-360	-1	-1,406	14	-302	-143	-774	44	142	-297	-426	-152	-489	-6
+ Net Cash From Disc Ops	26	396	389	95	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	874	1,070	944	-542	1,021	1,165	1,346	1,075	1,823	1,613	1,837	1,823	2,044	2,391	2,837
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	6	40	66	33	3	73	- -	- -	7	56	6	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	6	40	66	33	3	73	- -	- -	7	56	6	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-918	-2,305	-1,529	-2,459	-3,093	-749	-401	36	-201	-504	-426	-680	-700	-172	-1,108
+ Increase in Capital Stock	192	133	165	87	84	93	82	168	114	108	102	156	104	75	46
+ Decrease in Capital Stock	-1,110	-2,438	-1,694	-2,546	-3,177	-842	-483	-132	-315	-612	-528	-836	-804	-247	-1,154
+ Net Change in LT Investment	2,638	1,017	2,194	3,403	230	670	183	95	16	11	16	46	19	40	17
+ Dec in LT Investment	2,638	1,075	2,194	3,403	230	670	183	95	16	11	16	46	19	40	17
+ Inc in LT Investment	- -	-58	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	1,092	-26	-57	-47	-586	-1,474	-404	-1,164	-709	-287	-521	-1,177	-180	-290	-4,916
+ Cash from Divestitures	1,124	83	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-32	-109	-57	-47	-586	-1,474	-404	-1,164	-709	-287	-521	-1,177	-180	-290	-4,916
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-1,318	-234	-534	-274	-175	-271	-227	-197	-248	-217	-243	-256	-253	-257	-265
+ Net Cash From Disc Ops	-8	-173	-365	-93	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	2,418	797	1,669	3,115	-528	-1,002	-448	-1,266	-934	-437	-742	-1,387	-414	-507	-5,164
+ Dividends Paid	-72	-270	-292	-318	-277	-280	-307	-337	-379	-436	-482	-530	-589	-654	-728
+ Net Cash From Debt	-1,219	334	589	910	967	-13	-11	598	-561	-22	491	310	-1	-618	3,155
+ Cash From Debt	- -	747	593	1,375	971	673	10	1,490	1,804	1,692	844	595	- -	1,288	3,656
+ Repayments of Debt	-1,219	-413	-4	-465	-4	-686	-21	-892	-2,365	-1,714	-353	-285	-1	-1,906	-501
+ Other Financing Activities	-3,383	-53	366	108	5	- -	-3	-77	-3	-4	-12	-6	-5	-4	-10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-5,592	-2,294	-866	-1,759	-2,398	-1,042	-722	220	-1,144	-966	-429	-906	-1,295	-1,448	1,309
Effect of Foreign Exchange Rates	-27	14	10	-85	-69	-71	62	-40	-1	43	-46	-79	45	-39	81
Net Changes in Cash	-2,300	-427	1,747	814	-1,905	-879	176	29	-255	210	666	-470	335	436	-1,018
EBITDA	1,365	1,082	1,175	1,135	1,220	1,454	1,623	1,704	2,027	1,823	2,155	2,183	2,715	3,025	3,384
EBITDA Margin (%)	16.64	17.26	18.87	19.3	21.42	24.08	25.44	23.21	25.7	24.59	26.37	23.96	27.21	27.97	28.97
Free Cash Flow	874	1,070	944	-542	1,021	1,165	1,346	1,075	1,823	1,613	1,837	1,823	2,044	2,391	2,837
Net Cash Paid for Acquisitions	-1,092	26	57	47	586	1,474	404	1,164	709	287	521	1,177	180	290	4,916
Free Cash Flow to Firm	- -	1,152	- -	- -	1,151	1,315	1,316	1,286	2,029	1,802	2,010	2,040	2,243	2,628	3,114
Free Cash Flow to Equity	-339	1,444	1,599	401	1,991	1,225	1,335	1,673	1,269	1,647	2,334	2,133	2,043	1,773	5,992
Free Cash Flow per Basic Share	2.62	3.66	3.55	-2.21	5.12	6.87	8.26	6.62	10.94	9.49	10.86	10.88	12.24	14.33	17.03
Price/Free Cash Flow	17.99	15.48	19.34	-30.4	13.53	12.32	10.93	18.41	15.52	18.36	25.68	24.3	26.36	33.02	22.83
Cash Flow to Net Income	0.75	1.21	0.86	-0.42	1.67	2.08	-8.68	1.11	2.1	1.7	1.48	1.34	1.2	1.52	1.32
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -