1. United States of America Stocks

  2. •

    Consumer Defensive

  3. •

    Beverages - Non-Alcoholic
PepsiCo, Inc.

PepsiCo, Inc.

PEP
PepsiCo, Inc.US flagNASDAQ Global Select
142.15
USD
-0.39
- -
194.31BMarket 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
66,504
65,492
66,415
66,683
63,056
62,799
63,525
64,661
67,161
70,372
79,474
86,392
91,471
91,854
93,925
+ Sales & Services Revenue
66,504
65,492
66,415
66,683
63,056
62,799
63,525
64,661
67,161
70,372
79,474
86,392
91,471
91,854
93,925
- Cost of Revenue
31,593
31,291
31,243
31,238
28,731
28,222
28,796
29,381
30,132
31,797
37,075
40,576
41,881
41,744
43,066
+ Cost of Goods & Services
31,593
31,291
31,243
31,238
28,731
28,222
28,796
29,381
30,132
31,797
37,075
40,576
41,881
41,744
43,066
Gross Profit
34,911
34,201
35,172
35,445
34,325
34,577
34,729
35,280
37,029
38,575
42,399
45,816
49,590
50,110
50,859
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
25,278
25,089
25,467
25,864
24,613
24,773
24,453
25,170
26,738
28,453
31,237
34,459
36,677
37,190
37,368
+ Selling, General & Admin
25,145
24,970
25,357
25,772
24,613
24,773
24,453
25,170
26,738
28,453
31,237
34,459
36,677
37,190
37,368
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Operating Expense
133
119
110
92
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Income (Loss)
9,633
9,112
9,705
9,581
9,712
9,804
10,276
10,110
10,291
10,122
11,162
11,357
12,913
12,920
13,491
- Non-Operating (Income) Loss
799
808
814
824
2,270
1,251
674
921
979
1,053
1,341
652
1,496
974
3,247
+ Interest Expense, Net
799
808
814
824
911
1,232
907
913
735
1,128
1,863
939
819
919
1,121
+ Interest Expense
856
899
911
909
970
1,342
1,151
1,219
935
1,128
1,863
939
819
919
1,121
- Interest Income
57
91
97
85
59
110
244
306
200
- -
- -
- -
- -
- -
- -
+ Other Non-Op (Income) Loss
- -
- -
- -
- -
1,359
19
-233
8
244
-75
-522
-287
677
55
2,126
Pretax Income
8,834
8,304
8,891
8,757
7,442
8,553
9,602
9,189
9,312
9,069
9,821
10,705
11,417
11,946
10,244
- Income Tax Expense (Benefit)
2,372
2,090
2,104
2,199
1,941
2,174
4,694
-3,370
1,959
1,894
2,142
1,727
2,262
2,320
1,949
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
6,462
6,214
6,787
6,558
5,501
6,379
4,908
12,559
7,353
7,175
7,679
8,978
9,155
9,626
8,295
- Net Extraordinary Losses (Gains)
38
72
94
90
98
100
102
88
78
110
122
136
162
96
110
+ Discontinued Operations
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
38
72
94
90
98
100
102
88
78
110
122
136
162
96
110
Income (Loss) Incl. MI
6,424
6,142
6,693
6,468
5,403
6,279
4,806
12,471
7,275
7,065
7,557
8,842
8,993
9,530
8,185
- Minority Interest
-19
-36
-47
-45
-49
-50
-51
-44
-39
-55
-61
-68
-81
-48
-55
Net Income, GAAP
6,443
6,178
6,740
6,513
5,452
6,329
4,857
12,515
7,314
7,120
7,618
8,910
9,074
9,578
8,240
- Preferred Dividends
1
1
1
1
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
6,442
6,177
6,739
6,512
5,451
6,328
4,857
12,515
7,314
7,120
7,618
8,910
9,074
9,578
8,240
EBIT
9,633
9,112
9,705
9,581
9,712
9,804
10,276
10,110
10,291
10,122
11,162
11,357
12,913
12,920
13,491
EBITDA
12,370
11,801
12,368
12,206
12,128
12,172
12,645
12,509
13,135
13,148
14,377
14,637
16,431
16,735
17,669
EBITDA Margin (%)
18.6
18.02
18.62
18.3
19.23
19.38
19.91
19.35
19.56
18.68
18.09
16.94
17.96
18.22
18.81
EBITA
9,633
9,112
9,705
9,581
9,712
9,804
10,276
10,110
10,291
10,122
11,162
11,357
12,913
12,920
13,491
Gross Margin (%)
52.49
52.22
52.96
53.15
54.44
55.06
54.67
54.56
55.13
54.82
53.35
53.03
54.21
54.55
54.15
Operating Margin (%)
14.48
13.91
14.61
14.37
15.4
15.61
16.18
15.64
15.32
14.38
14.04
13.15
14.12
14.07
14.36
Profit Margin (%)
9.69
9.43
10.15
9.77
8.65
10.08
7.65
19.35
10.89
10.12
9.59
10.31
9.92
10.43
8.77
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2.02
2.14
2.25
2.51
2.79
2.96
3.15
3.48
3.81
3.99
4.2
4.48
4.86
5.27
5.59
Depreciation Expense
2,737
2,689
2,663
2,625
2,416
2,368
2,369
2,399
2,844
3,026
3,215
3,280
3,518
3,815
4,178
Basic Weighted Avg Shares
1,564
1,544
1,529
1,488
1,448
1,428
1,420
1,415
1,391
1,380
1,383
1,377
1,374
1,372
1,367
Basic EPS, GAAP
4.12
4
4.41
4.38
3.76
4.43
3.42
8.84
5.26
5.16
5.51
6.47
6.6
6.98
6.03
Basic EPS from Cont Ops
4.13
4.02
4.44
4.41
3.8
4.47
3.46
8.88
5.29
5.2
5.55
6.52
6.66
7.02
6.07
Diluted Weighted Avg Shares
1,597
1,575
1,560
1,527
1,485
1,452
1,438
1,425
1,407
1,392
1,389
1,387
1,383
1,378
1,373
Diluted EPS, GAAP
4.03
3.92
4.32
4.26
3.67
4.36
3.38
8.78
5.2
5.11
5.48
6.42
6.56
6.95
6
Diluted EPS from Cont Ops
4.05
3.95
4.35
4.29
3.7
4.39
3.41
8.81
5.23
5.15
5.53
6.47
6.62
6.99
6.04

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
17,441
18,720
22,203
20,663
23,031
26,450
31,027
21,893
17,645
23,001
21,783
21,539
26,950
25,826
27,949
+ Cash, Cash Equivalents & STI
4,425
6,619
9,678
8,726
12,009
16,125
19,510
8,993
5,738
9,551
5,988
5,348
10,003
9,266
9,530
+ Cash & Cash Equivalents
4,067
6,297
9,375
6,134
9,096
9,158
10,610
8,721
5,509
8,185
5,596
4,954
9,711
8,505
9,159
+ ST Investments
358
322
303
2,592
2,913
6,967
8,900
272
229
1,366
392
394
292
761
371
+ Accounts & Notes Receiv
6,912
7,041
6,954
6,651
6,437
6,694
7,024
7,142
7,822
8,404
8,680
10,163
10,815
10,333
11,506
+ Accounts Receivable, Net
6,036
6,215
6,178
5,817
5,497
5,709
5,956
6,079
6,447
6,892
7,172
8,192
8,675
8,487
9,265
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
876
826
776
834
940
985
1,068
1,063
1,375
1,512
1,508
1,971
2,140
1,846
2,241
+ Inventories
3,827
3,581
3,409
3,143
2,720
2,723
2,947
3,128
3,338
4,172
4,347
5,222
5,334
5,306
5,845
+ Raw Materials
1,883
1,875
1,732
1,593
1,312
1,315
1,344
1,312
1,395
1,720
1,898
2,366
2,388
2,440
2,581
+ Work In Process
207
173
168
173
161
150
167
178
200
205
151
114
104
104
143
+ Finished Goods
1,737
1,533
1,509
1,377
1,247
1,258
1,436
1,638
1,743
2,247
2,298
2,742
2,842
2,762
3,121
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Assets
2,277
1,479
2,162
2,143
1,865
908
1,546
2,630
747
874
2,768
806
798
921
1,068
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
55,441
55,918
55,275
49,846
46,636
47,040
48,777
55,755
60,902
69,917
70,594
70,648
73,545
73,641
79,450
+ Property, Plant & Equip, Net
19,698
19,136
18,575
17,244
16,317
16,591
17,240
17,589
20,853
23,039
24,427
26,664
29,944
31,391
33,650
+ Property, Plant & Equip
35,140
36,162
36,961
36,300
35,747
36,818
39,106
40,164
44,551
48,010
48,848
52,157
57,344
59,388
64,654
- Accumulated Depreciation
15,442
17,026
18,386
19,056
19,430
20,227
21,866
22,575
23,698
24,971
24,421
25,493
27,400
27,997
31,004
+ LT Investments & Receivables
1,566
2,351
2,623
2,689
2,311
1,950
2,042
2,409
2,683
2,792
2,627
3,886
4,330
3,331
4,564
+ LT Investments
1,566
2,351
2,623
2,689
2,311
1,950
2,042
2,409
2,683
2,792
2,627
3,886
4,330
3,331
4,564
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
34,177
34,431
34,077
29,913
28,008
28,499
29,495
35,757
37,366
44,086
43,540
40,098
39,271
38,919
41,236
+ Total Intangible Assets
33,245
33,496
32,652
29,053
27,258
27,863
28,582
30,633
31,544
38,072
37,046
33,788
32,657
32,335
33,982
+ Goodwill
16,800
16,971
16,613
14,965
14,177
14,430
14,744
14,808
15,501
18,757
18,381
18,202
17,728
17,534
18,916
+ Other Intangible Assets
16,445
16,525
16,039
14,088
13,081
13,433
13,838
15,825
16,043
19,315
18,665
15,586
14,929
14,801
15,066
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
932
935
1,425
860
750
636
913
5,124
5,822
6,014
6,494
6,310
6,614
6,584
7,254
Total Assets
72,882
74,638
77,478
70,509
69,667
73,490
79,804
77,648
78,547
92,918
92,377
92,187
100,495
99,467
107,399
+ Payables & Accruals
7,193
7,847
8,018
8,358
8,906
9,699
10,278
13,080
12,129
13,218
14,429
15,979
16,925
16,340
17,183
+ Accounts Payable
4,083
4,451
4,874
5,127
5,546
6,158
6,727
7,213
8,013
8,853
9,834
10,732
11,635
10,997
11,704
+ Accrued Taxes
192
371
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
2,918
3,025
3,144
3,231
3,360
3,541
3,551
5,867
4,116
4,365
4,595
5,247
5,290
5,343
5,479
+ ST Debt
6,205
4,815
5,306
5,076
4,071
6,892
5,485
4,026
3,362
4,240
4,754
3,897
7,066
7,724
7,580
+ ST Borrowings
6,205
4,815
5,306
5,076
4,071
6,892
5,485
4,026
2,920
3,780
4,308
3,414
6,510
7,082
6,861
+ ST Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
442
460
446
483
556
642
719
+ Other ST Liabilities
4,756
4,427
4,515
4,658
4,601
4,544
4,739
5,032
4,970
5,914
7,037
6,909
7,656
7,472
8,001
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
4,756
4,427
4,515
4,658
4,601
4,544
4,739
5,032
4,970
5,914
7,037
6,909
7,656
7,472
8,001
Total Current Liabilities
18,154
17,089
17,839
18,092
17,578
21,135
20,502
22,138
20,461
23,372
26,220
26,785
31,647
31,536
32,764
+ LT Debt
20,568
23,544
24,333
23,821
29,213
30,053
33,796
28,295
29,148
40,370
36,026
35,657
37,595
37,224
42,321
+ LT Borrowings
20,568
23,544
24,333
23,821
29,213
30,053
33,796
28,295
29,148
40,370
36,026
35,657
37,595
37,224
42,321
+ LT Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Liabilities
13,261
11,606
10,917
11,048
10,846
11,103
14,525
12,613
14,070
15,624
13,980
12,472
12,616
12,536
11,767
+ Accrued Liabilities
4,995
5,063
5,986
5,304
4,959
4,434
3,242
3,499
4,091
4,284
4,826
4,133
3,895
3,484
3,802
+ Pension Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
8,266
6,543
4,931
5,744
5,887
6,669
11,283
9,114
9,979
11,340
9,154
8,339
8,721
9,052
7,965
Total Noncurrent Liabilities
33,829
35,150
35,250
34,869
40,059
41,156
48,321
40,908
43,218
55,994
50,006
48,129
50,211
49,760
54,088
Total Liabilities
51,983
52,239
53,089
52,961
57,637
62,291
68,823
63,046
63,679
79,366
76,226
74,914
81,858
81,296
86,852
+ Preferred Equity and Hybrid Capital
41
41
41
41
41
41
41
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
4,330
4,040
3,949
3,959
3,914
3,923
3,823
3,976
3,909
3,933
4,024
4,157
4,284
4,408
4,474
+ Common Stock
26
26
25
25
24
24
24
23
23
23
23
23
23
23
23
+ Additional Paid in Capital
4,304
4,014
3,924
3,934
3,890
3,899
3,799
3,953
3,886
3,910
4,001
4,134
4,261
4,385
4,451
- Treasury Stock
17,870
19,458
21,004
24,985
29,185
31,468
32,757
34,286
36,769
38,446
38,248
39,506
40,282
41,021
41,832
+ Retained Earnings
40,316
43,158
46,420
49,092
50,472
52,518
52,839
59,947
61,946
63,443
65,165
67,800
70,035
72,266
72,788
+ Other Equity
-6,229
-5,487
-5,127
-10,669
-13,319
-13,919
-13,057
-15,119
-14,300
-15,476
-14,898
-15,302
-15,534
-17,612
-15,024
Equity Before Minority Interest
20,588
22,294
24,279
17,438
11,923
11,095
10,889
14,518
14,786
13,454
16,043
17,149
18,503
18,041
20,406
+ Minority/Non Controlling Interest
311
105
110
110
107
104
92
84
82
98
108
124
134
130
141
Total Equity
20,899
22,399
24,389
17,548
12,030
11,199
10,981
14,602
14,868
13,552
16,151
17,273
18,637
18,171
20,547
Total Liabilities & Equity
72,882
74,638
77,478
70,509
69,667
73,490
79,804
77,648
78,547
92,918
92,377
92,187
100,495
99,467
107,399
Shares Outstanding
1,564
1,544
1,529
1,488
1,448
1,428
1,420
1,409
1,391
1,380
1,383
1,377
1,374
1,372
1,367
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
- -
- -
- -
- -
- -
- -
442
460
446
483
556
642
719
Net Debt
22,706
22,062
20,264
22,763
24,188
27,787
28,671
23,600
26,559
35,965
34,738
34,117
34,394
35,801
40,023
Net Debt to Equity
108.65
98.5
83.09
129.72
201.06
248.12
261.1
161.62
178.63
265.39
215.08
197.52
184.55
197.02
194.79
Tangible Common Equity Ratio
-31.25
-27.07
-18.52
-27.85
-36
-36.61
-34.44
-34.1
-35.48
-44.71
-37.76
-28.28
-20.67
-21.1
-18.3
Current Ratio
0.96
1.1
1.24
1.14
1.31
1.25
1.51
0.99
0.86
0.98
0.83
0.8
0.85
0.82
0.85
Cash Conversion Cycle
28.02
27.18
20.11
12.18
1.18
-7.91
-11.58
-14.36
-18.38
-16.63
-17.32
-15.05
-17.55
-18.4
-13.26

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
6,462
6,214
6,787
6,558
5,501
6,379
4,908
12,559
7,353
7,175
7,679
8,978
9,155
9,626
8,295
+ Depreciation & Amortization
2,737
2,689
2,663
2,625
2,416
2,368
2,369
2,399
2,844
3,026
3,215
3,280
3,518
3,815
4,178
+ Non-Cash Items
589
-858
-720
164
1,955
1,020
3,240
-6,455
-69
715
4
-559
1,106
544
1,259
+ Stock-Based Compensation
326
278
303
297
295
284
292
256
237
264
301
343
380
362
288
+ Deferred Income Taxes
495
321
-1,058
-19
78
452
3,070
-4,906
445
361
488
-787
-271
-42
71
+ Asset Impairment Charge
- -
- -
- -
- -
1,359
36
21
- -
92
33
32
3,651
1,230
714
1,946
+ Other Non-Cash Adj
-232
-1,457
35
-114
223
248
-143
-1,805
-843
57
-817
-3,766
-233
-490
-1,046
+ Chg in Non-Cash Work Cap
-844
434
958
1,159
992
896
-487
912
-479
-303
718
-888
-337
-1,478
-1,645
+ (Inc) Dec in Accts Receiv
-666
-250
-88
-343
-461
-349
-202
-253
-650
-420
-651
-1,763
-793
-138
-580
+ (Inc) Dec in Inventories
-331
144
4
-111
-244
-75
-168
-174
-190
-516
-582
-1,142
-261
-314
-150
+ (Inc) Dec in Prepaid Assets
-27
89
-51
80
-50
10
20
9
-87
26
159
118
-13
40
195
+ Inc (Dec) in Accts Payable
180
451
1,093
1,533
1,747
1,310
-137
1,330
448
607
1,792
1,899
730
-1,066
-1,110
+ Inc (Dec) in Other
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
8,944
8,479
9,688
10,506
10,864
10,663
10,030
9,415
9,649
10,613
11,616
10,811
13,442
12,507
12,087
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
84
95
109
115
86
99
180
134
170
55
166
251
198
342
528
+ Disp of Fixed Prod Assets
84
95
109
115
86
99
180
134
170
55
166
251
198
342
528
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed Prod Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
-2,489
-3,219
-3,001
-5,012
-5,000
-3,000
-2,000
-2,000
-3,000
-2,000
-106
-1,500
-1,000
-1,000
-1,000
+ Increase in Capital Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Decrease in Capital Stock
-2,489
-3,219
-3,001
-5,012
-5,000
-3,000
-2,000
-2,000
-3,000
-2,000
-106
-1,500
-1,000
-1,000
-1,000
+ Net Change in LT Investment
66
61
61
-2,298
-314
-4,089
-1,849
8,701
97
-1,108
1,077
-117
16
-420
460
+ Dec in LT Investment
66
61
61
4,007
4,114
8,415
16,536
14,338
97
27
1,135
174
571
5
650
+ Inc in LT Investment
- -
- -
- -
-6,305
-4,428
-12,504
-18,385
-5,637
- -
-1,135
-58
-291
-555
-425
-190
+ Net Cash From Acq & Div
-2,413
-491
21
115
-578
-127
206
-991
-2,464
-6,366
108
2,632
-239
-90
-3,352
+ Cash from Divestitures
780
-32
130
203
76
85
267
505
253
6
169
3,505
75
166
39
+ Cash for Acq of Subs
-3,193
-459
-109
-88
-654
-212
-61
-1,496
-2,717
-6,372
-61
-873
-314
-256
-3,391
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
-3,355
-2,670
-2,816
-2,869
-2,763
-3,033
-2,940
-3,280
-4,240
-4,200
-4,620
-5,196
-5,470
-5,304
-4,515
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-5,618
-3,005
-2,625
-4,937
-3,569
-7,150
-4,403
4,564
-6,437
-11,619
-3,269
-2,430
-5,495
-5,472
-6,879
+ Dividends Paid
-3,157
-3,305
-3,434
-3,730
-4,040
-4,227
-4,472
-4,930
-5,304
-5,509
-5,815
-6,172
-6,682
-7,229
-7,638
+ Net Cash From Debt
936
2,089
1,466
-331
4,632
3,746
2,050
-6,962
-355
11,293
-4,132
-810
4,770
695
3,748
+ Cash From Debt
3,862
6,548
5,852
3,905
8,770
9,382
7,600
3
4,627
17,886
4,564
5,346
10,910
10,220
15,750
+ Repayments of Debt
-2,926
-4,459
-4,386
-4,236
-4,138
-5,636
-5,550
-6,965
-4,982
-6,593
-8,696
-6,156
-6,140
-9,525
-12,002
+ Other Financing Activities
-425
1,129
1,180
809
296
270
236
123
170
35
-727
-41
-97
-22
-89
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
-5,135
-3,306
-3,789
-8,264
-4,112
-3,211
-4,186
-13,769
-8,489
3,819
-10,780
-8,523
-3,009
-7,556
-4,979
Effect of Foreign Exchange Rates
-67
62
-196
-546
-221
-252
47
-98
78
-129
-114
-465
-277
-687
422
Net Changes in Cash
-1,809
2,168
3,274
-2,695
3,183
302
1,441
210
-5,277
2,813
-2,433
-142
4,938
-521
229
EBITDA
12,370
11,801
12,368
12,206
12,128
12,172
12,645
12,509
13,135
13,148
14,377
14,637
16,431
16,735
17,669
EBITDA Margin (%)
18.6
18.02
18.62
18.3
19.23
19.38
19.91
19.35
19.56
18.68
18.09
16.94
17.96
18.22
18.81
Free Cash Flow
8,944
8,479
9,688
10,506
10,864
10,663
10,030
9,415
9,649
10,613
11,616
10,811
13,442
12,507
12,087
Net Cash Paid for Acquisitions
2,413
491
-21
-115
578
127
-206
991
2,464
6,366
-108
-2,632
239
90
3,352
Free Cash Flow to Firm
9,570
9,152
10,383
11,187
11,581
11,664
10,618
- -
10,387
11,505
13,073
11,599
14,099
13,248
12,995
Free Cash Flow to Equity
9,963
10,662
11,262
10,289
15,581
14,507
12,260
2,546
9,464
21,961
7,650
10,252
18,410
13,544
16,363
Free Cash Flow per Basic Share
5.72
5.49
6.34
7.06
7.5
7.47
7.06
6.65
6.94
7.69
8.4
7.85
9.78
9.12
8.84
Price/Free Cash Flow
11.85
12.71
13.36
13.74
13.66
14.25
17.19
16.72
19.93
19.45
20.77
23.18
17.47
16.75
16.3
Cash Flow to Net Income
1.39
1.37
1.44
1.61
1.99
1.68
2.07
0.75
1.32
1.49
1.52
1.21
1.48
1.31
1.47
Capital Expenditures
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -