Packaging Corporation of America

PKG

PKGPackaging Corporation of America US flag

New York Stock Exchange

254.39

USD

+20.49

- -

22.67BMarket Cap

Income Statement (USD)

API ChatGPT

	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	2,620	2,844	3,665	5,853	5,742	5,779	6,445	7,015	6,964	6,658	7,730	8,478	7,802	8,383	8,989
+ Sales & Services Revenue	2,620	2,844	3,665	5,853	5,742	5,779	6,445	7,015	6,964	6,658	7,730	8,478	7,802	8,383	8,989
- Cost of Revenue	2,078	2,209	2,798	4,623	4,534	4,503	4,974	5,369	5,320	5,289	5,857	6,387	6,104	6,600	7,100
+ Cost of Goods & Services	2,078	2,209	2,798	4,623	4,534	4,503	4,974	5,369	5,320	5,289	5,857	6,387	6,104	6,600	7,100
Gross Profit	542	635	868	1,230	1,208	1,276	1,471	1,645	1,644	1,369	1,873	2,091	1,699	1,783	1,890
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	259	185	327	470	448	468	520	536	558	540	577	609	581	610	634
+ Selling, General & Admin	259	281	327	470	451	468	520	536	558	540	577	609	581	610	634
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	-96	- -	- -	-4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	283	449	541	760	760	808	951	1,109	1,086	830	1,296	1,482	1,118	1,173	1,255
- Non-Operating (Income) Loss	40	75	117	146	96	119	122	138	169	197	188	117	104	108	228
+ Interest Expense, Net	29	63	58	88	86	95	103	95	129	94	152	70	53	41	79
+ Interest Expense	29	63	58	88	86	95	103	95	129	94	152	70	53	41	79
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	11	12	59	57	10	24	20	43	41	104	35	47	51	67	148
Pretax Income	244	375	424	614	664	688	829	970	917	633	1,109	1,365	1,014	1,064	1,028
- Income Tax Expense (Benefit)	85	214	-18	222	228	239	160	232	221	172	268	335	249	259	254
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	158	160	441	393	437	450	669	738	696	461	841	1,030	765	805	774
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	158	160	441	393	437	450	669	738	696	461	841	1,030	765	805	774
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	158	160	441	393	437	450	669	738	696	461	841	1,030	765	805	774
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	158	160	441	393	437	450	669	738	696	461	841	1,030	765	805	774
EBIT	283	449	541	760	760	808	951	1,109	1,086	830	1,296	1,482	1,118	1,173	1,255
EBITDA	446	625	759	1,142	1,117	1,166	1,342	1,520	1,474	1,240	1,714	1,939	1,636	1,698	1,908
EBITDA Margin (%)	17.03	21.97	20.7	19.51	19.45	20.17	20.83	21.67	21.16	18.62	22.17	22.87	20.96	20.26	21.23
EBITA	283	449	541	760	760	808	951	1,109	1,086	830	1,296	1,482	1,118	1,173	1,255
Gross Margin (%)	20.69	22.32	23.67	21.01	21.04	22.08	22.82	23.46	23.61	20.57	24.23	24.66	21.77	21.27	21.02
Operating Margin (%)	10.82	15.8	14.76	12.99	13.24	13.97	14.75	15.81	15.6	12.46	16.77	17.48	14.33	13.99	13.97
Profit Margin (%)	6.03	5.63	12.04	6.71	7.61	7.78	10.37	10.52	10	6.92	10.88	12.15	9.81	9.6	8.61
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.77	1.22	1.13	1.6	2.05	2.31	2.54	2.86	3.16	3.16	4.01	4.52	5.01	5	5
Depreciation Expense	163	175	218	382	356	358	391	411	388	410	418	457	518	526	653
Basic Weighted Avg Shares	99	96	97	98	98	94	94	94	95	95	95	93	90	90	90
Basic EPS, GAAP	1.59	1.66	4.57	3.99	4.47	4.81	7.15	7.88	7.36	4.86	8.87	11.08	8.54	8.97	8.61
Basic EPS from Cont Ops	1.59	1.66	4.57	3.99	4.47	4.81	7.15	7.88	7.36	4.86	8.87	11.08	8.54	8.97	8.61
Diluted Weighted Avg Shares	100	98	98	98	98	94	94	94	95	95	95	93	90	90	90
Diluted EPS, GAAP	1.57	1.64	4.52	3.99	4.47	4.8	7.14	7.86	7.36	4.86	8.87	11.08	8.54	8.97	8.61
Diluted EPS from Cont Ops	1.57	1.64	4.52	3.99	4.47	4.8	7.14	7.86	7.36	4.86	8.87	11.08	8.54	8.97	8.61

Balance Sheet (USD)

API ChatGPT

	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	812	937	1,531	1,503	1,554	1,696	1,915	2,115	2,478	2,750	2,733	2,508	3,254	3,233	3,214
+ Cash, Cash Equivalents & STI	156	207	191	125	184	239	217	362	767	1,080	705	405	1,142	787	601
+ Cash & Cash Equivalents	156	207	191	125	184	239	217	362	680	975	619	320	648	685	529
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	88	106	86	85	494	102	72
+ Accounts & Notes Receiv	320	418	666	651	665	703	900	919	872	838	1,078	1,068	1,038	1,154	1,284
+ Accounts Receivable, Net	320	352	643	646	636	689	831	902	846	832	1,071	1,032	1,033	1,144	1,256
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	65	23	5	28	14	70	17	26	5	7	36	4	10	28
+ Inventories	255	269	594	665	677	724	762	796	794	788	902	977	1,013	1,125	1,243
+ Raw Materials	242	245	370	437	473	504	533	583	575	593	685	763	798	875	984
+ Work In Process	8	8	14	11	14	13	13	14	11	12	16	16	15	16	18
+ Finished Goods	74	79	210	216	190	206	217	199	208	184	201	198	200	234	242
+ Inventory Adjustments	-69	-64	-72	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	72	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	81	43	80	62	29	30	36	39	45	45	47	58	62	167	86
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	1,600	1,517	3,713	3,770	3,718	4,081	4,282	4,455	4,757	4,683	5,104	5,496	5,427	5,600	7,512
+ Property, Plant & Equip, Net	1,477	1,366	2,806	2,858	2,832	2,896	2,925	3,109	3,386	3,428	3,767	4,198	4,143	4,316	5,361
+ Property, Plant & Equip	3,619	3,641	5,233	5,515	5,715	6,010	6,311	6,691	7,232	7,548	8,110	8,811	9,087	9,582	11,019
- Accumulated Depreciation	2,142	2,275	2,427	2,658	2,883	3,115	3,386	3,582	3,846	4,120	4,342	4,612	4,944	5,266	5,658
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	58	43	60	65	64	65	67
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	58	43	60	65	64	65	67
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	124	151	907	912	886	1,185	1,358	1,346	1,313	1,213	1,277	1,232	1,219	1,219	2,084
+ Total Intangible Assets	83	105	837	840	815	1,105	1,293	1,296	1,258	1,159	1,232	1,190	1,152	1,114	1,975
+ Goodwill	58	67	527	547	544	738	883	917	919	864	924	922	922	922	1,372
+ Other Intangible Assets	25	38	311	294	271	367	410	378	339	296	308	268	230	192	602
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	41	45	70	72	71	80	64	50	56	53	45	42	67	105	109
Total Assets	2,412	2,454	5,244	5,273	5,272	5,777	6,198	6,570	7,236	7,433	7,837	8,004	8,681	8,833	10,726
+ Payables & Accruals	270	154	447	430	402	440	523	521	500	551	625	610	598	619	697
+ Accounts Payable	155	118	358	330	294	324	403	382	352	387	452	410	402	430	471
+ Accrued Taxes	57	9	20	18	16	17	16	13	15	16	18	17	19	19	20
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	59	27	69	82	91	99	104	125	133	148	155	182	177	170	206
+ ST Debt	16	16	40	8	8	27	151	1	64	70	69	74	480	83	102
+ ST Borrowings	15	15	39	6	6	26	150	- -	- -	- -	- -	- -	400	- -	- -
+ ST Finance Leases	1	1	1	1	1	1	1	1	64	70	69	74	81	83	102
+ Other ST Liabilities	90	90	174	173	153	159	158	171	160	161	191	192	188	300	216
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	90	90	174	173	153	159	158	171	160	161	191	192	188	300	216
Total Current Liabilities	376	260	661	611	562	625	833	694	724	783	885	876	1,266	1,002	1,015
+ LT Debt	815	804	2,533	2,372	2,312	2,640	2,499	2,501	2,670	2,667	2,664	2,719	2,693	2,689	4,263
+ LT Borrowings	793	779	2,509	2,349	2,290	2,620	2,480	2,484	2,477	2,479	2,472	2,474	2,472	2,474	3,967
+ LT Finance Leases	21	25	24	23	22	20	19	18	194	188	192	245	221	215	296
+ Other LT Liabilities	293	421	694	769	765	752	683	702	771	737	681	742	725	739	850
+ Accrued Liabilities	114	227	435	334	347	335	240	285	340	379	466	543	558	562	660
+ Pension Liabilities	149	165	194	362	359	357	372	358	376	298	157	142	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	30	29	65	73	60	60	71	60	55	59	58	57	167	177	190
Total Noncurrent Liabilities	1,107	1,224	3,226	3,140	3,077	3,392	3,182	3,204	3,441	3,404	3,345	3,461	3,418	3,428	5,112
Total Liabilities	1,484	1,484	3,887	3,751	3,639	4,017	4,015	3,897	4,165	4,187	4,230	4,337	4,684	4,429	6,128
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	353	380	403	433	441	452	472	495	526	555	580	583	621	671	709
+ Common Stock	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
+ Additional Paid in Capital	352	379	402	432	440	451	471	494	525	554	579	582	620	670	708
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	674	704	1,019	1,242	1,317	1,447	1,867	2,316	2,705	2,836	3,102	3,187	3,447	3,777	3,931
+ Other Equity	-98	-114	-65	-154	-125	-140	-157	-139	-160	-144	-75	-102	-71	-43	-42
Equity Before Minority Interest	929	969	1,357	1,521	1,633	1,760	2,183	2,672	3,071	3,246	3,607	3,667	3,997	4,404	4,598
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	929	969	1,357	1,521	1,633	1,760	2,183	2,672	3,071	3,246	3,607	3,667	3,997	4,404	4,598
Total Liabilities & Equity	2,412	2,454	5,244	5,273	5,272	5,777	6,198	6,570	7,236	7,433	7,837	8,004	8,681	8,833	10,726
Shares Outstanding	98	98	98	98	96	94	94	94	95	95	94	90	90	90	89
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	22	26	25	24	23	22	20	19	258	258	261	320	301	297	398
Net Debt	652	586	2,357	2,230	2,113	2,406	2,414	2,122	1,797	1,505	1,853	2,154	2,224	1,789	3,438
Net Debt to Equity	70.2	60.47	173.7	146.61	129.35	136.75	110.58	79.41	58.52	46.35	51.36	58.73	55.63	40.63	74.78
Tangible Common Equity Ratio	36.31	36.79	11.79	15.37	18.36	14.02	18.14	26.11	30.33	33.26	35.96	36.35	37.79	42.62	29.98
Current Ratio	2.16	3.61	2.32	2.46	2.77	2.71	2.3	3.05	3.42	3.51	3.09	2.86	2.57	3.23	3.17
Cash Conversion Cycle	59.27	64.02	78.1	63.16	69.7	73.83	71.11	71.51	75.14	75.06	71.95	74.61	83.65	83.87	86.79

Cash Flow Statement (USD)

API ChatGPT

	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	158	160	441	393	437	450	669	738	696	461	841	1,030	765	805	774
+ Depreciation & Amortization	163	175	218	382	356	358	391	411	388	410	418	457	518	526	653
+ Non-Cash Items	45	144	-42	59	39	-6	-58	84	114	84	123	94	39	71	185
+ Stock-Based Compensation	10	12	15	16	18	20	21	24	30	30	36	36	40	49	45
+ Deferred Income Taxes	27	105	-84	3	2	-4	-84	39	60	35	59	86	5	-4	97
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	14	3	- -	55	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	8	27	27	41	19	-21	-7	19	24	-36	28	-28	-6	26	43
+ Chg in Non-Cash Work Cap	-21	-75	-9	-97	-64	5	-146	-53	9	78	-287	-85	-7	-211	-55
+ (Inc) Dec in Accts Receiv	-17	-25	-31	-8	10	-4	-115	-56	56	13	-227	39	-1	-111	-10
+ (Inc) Dec in Inventories	-8	-6	25	-72	-12	-26	-21	-36	1	6	-106	-75	-36	-112	4
+ (Inc) Dec in Prepaid Assets	-1	-1	-2	-5	4	- -	-5	-2	-7	- -	-3	-11	-4	-105	83
+ Inc (Dec) in Accts Payable	5	-43	32	-29	-53	13	49	-12	-32	36	50	-10	3	122	-114
+ Inc (Dec) in Other	- -	- -	-33	18	-13	21	-54	53	-9	21	-2	-28	31	-6	-18
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	346	404	608	736	769	807	856	1,180	1,207	1,033	1,094	1,495	1,315	1,191	1,558
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-280	-128	-234	-420	-314	-274	-343	-551	-400	-421	-605	-824	-470	-670	-829
+ Acq of Fixed Prod Assets	-280	-128	-234	-420	-314	-274	-343	-551	-400	-421	-605	-824	-470	-670	-829
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-125	-45	-19	-13	-163	-112	-11	-8	-8	-10	-206	-538	-57	-26	-177
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-125	-45	-19	-13	-163	-112	-11	-8	-8	-10	-206	-538	-57	-26	-177
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	-146	-3	- -	-7	-404	392	29
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	11	107	127	119	103	507	143
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	-157	-110	-127	-126	-507	-114	-114
+ Net Cash From Acq & Div	-57	-35	-1,174	-20	23	-485	-274	-56	- -	- -	-195	- -	- -	- -	-1,804
+ Cash from Divestitures	- -	- -	- -	- -	23	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-57	-35	-1,174	-20	- -	-485	-274	-56	- -	- -	-195	- -	- -	- -	-1,804
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-13	56	-2	-10	-7	-10	8	- -	-1	-2	6	-2	-1	-1	31
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-350	-108	-1,411	-451	-298	-770	-609	-608	-547	-426	-794	-834	-875	-278	-2,573
+ Dividends Paid	-76	-118	-109	-157	-201	-216	-238	-268	-299	-300	-380	-420	-449	-449	-450
+ Net Cash From Debt	149	-40	923	-194	-48	348	-14	-151	-34	-2	-68	-2	395	-402	1,492
+ Cash From Debt	150	397	1,998	399	- -	385	998	- -	889	- -	690	- -	397	- -	1,494
+ Repayments of Debt	-1	-437	-1,075	-592	-48	-38	-1,012	-151	-923	-2	-758	-2	-2	-402	-2
+ Other Financing Activities	16	-42	-9	13	1	-2	-7	- -	-2	- -	-2	- -	-1	- -	-6
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-36	-246	787	-351	-411	18	-269	-427	-343	-312	-656	-960	-112	-876	859
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-40	51	-16	-66	59	55	-22	145	318	295	-356	-299	328	37	-156
EBITDA	446	625	759	1,142	1,117	1,166	1,342	1,520	1,474	1,240	1,714	1,939	1,636	1,698	1,908
EBITDA Margin (%)	17.03	21.97	20.7	19.51	19.45	20.17	20.83	21.67	21.16	18.62	22.17	22.87	20.96	20.26	21.23
Free Cash Flow	65	276	374	316	454	533	513	629	808	612	489	671	845	522	729
Net Cash Paid for Acquisitions	57	35	1,174	20	-23	485	274	56	- -	- -	195	- -	- -	- -	1,804
Free Cash Flow to Firm	84	303	- -	372	510	595	596	701	906	680	605	724	886	553	788
Free Cash Flow to Equity	215	236	1,297	122	406	880	499	477	774	610	422	669	1,241	120	2,220
Free Cash Flow per Basic Share	0.66	2.86	3.87	3.21	4.65	5.69	5.49	6.71	8.54	6.45	5.16	7.22	9.43	5.81	8.1
Price/Free Cash Flow	4.05	7.04	7.33	6.64	5.69	7.35	9.42	4.53	6.59	9	7.6	5.13	8.18	10.86	7.77
Cash Flow to Net Income	2.19	2.52	1.38	1.87	1.76	1.79	1.28	1.6	1.73	2.24	1.3	1.45	1.72	1.48	2.01
Capital Expenditures	-280	-128	-234	-420	-314	-274	-343	-551	-400	-421	-605	-824	-470	-670	-829