Radian Group Inc.

RDN

RDNRadian Group Inc. US flag

New York Stock Exchange

34.66

USD

+0.52

- -

4.61BMarket 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	1,948	903	750	1,073	1,193	1,238	1,222	1,273	1,527	1,440	1,329	1,191	1,177	1,206	1,197
+ Sales & Services Revenue	1,948	903	750	1,073	1,193	1,238	1,222	1,273	1,527	1,440	1,329	1,191	1,177	1,206	1,197
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-369	272	173	-407	-438	-484	-347	-684	-849	-479	-765	-953	-864	-846	-791
+ Interest Expense, Net	61	52	75	90	91	81	63	61	56	71	84	84	86	84	68
+ Interest Expense	61	52	75	90	91	81	63	61	56	71	84	84	86	84	68
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-430	221	99	-498	-529	-565	-409	-746	-905	-551	-849	-1,037	-950	-929	-859
Pretax Income	369	-272	-173	407	438	484	347	684	849	479	765	953	864	846	791
- Income Tax Expense (Benefit)	66	-48	-31	-852	156	175	226	78	177	86	164	210	188	185	173
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	302	-224	-142	1,260	282	308	121	606	672	394	601	743	676	660	618
- Net Extraordinary Losses (Gains)	- -	227	55	300	-5	- -	- -	- -	- -	- -	- -	- -	73	56	36
+ Discontinued Operations	- -	-227	-55	-300	5	- -	- -	- -	- -	- -	- -	- -	-73	-56	-36
+ Extraord. & Accounting Changes	- -	455	110	600	-11	- -	- -	- -	- -	- -	- -	- -	145	112	71
Income (Loss) Incl. MI	302	-451	-197	960	287	308	121	606	672	394	601	743	603	604	583
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	302	-451	-197	960	287	308	121	606	672	394	601	743	603	604	583
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	302	-451	-197	960	287	308	121	606	672	394	601	743	603	604	583
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITA	-63	-53	-70	-66	-82	-71	-86	-69	-73	-72	-75	-77	-58	-62	-46
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	15.51	-50.01	-26.27	89.45	24.05	24.89	9.91	47.6	44.03	27.34	45.2	62.39	51.23	50.11	48.67
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.5	0.55	0.81	0.92	1	1.04
Depreciation Expense	63	53	70	66	82	71	86	69	73	72	75	77	58	62	46
Basic Weighted Avg Shares	132	133	173	185	200	212	215	214	209	195	188	168	158	152	139
Basic EPS, GAAP	2.28	-3.41	-1.14	5.2	1.44	1.46	0.56	2.83	3.22	2.01	3.19	4.42	3.81	3.96	4.18
Basic EPS from Cont Ops	2.28	-1.69	-0.82	6.83	1.41	1.46	0.56	2.83	3.22	2.01	3.19	4.42	4.27	4.33	4.43
Diluted Weighted Avg Shares	134	133	173	234	246	229	220	219	210	197	190	171	160	154	141
Diluted EPS, GAAP	2.26	-3.41	-1.14	4.1	1.16	1.34	0.55	2.77	3.2	2	3.16	4.35	3.77	3.92	4.14
Diluted EPS from Cont Ops	2.26	-1.69	-0.82	5.39	1.14	1.34	0.55	2.77	3.2	2	3.16	4.35	4.22	4.28	4.39

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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	1,544	962	1,123	2,012	3,065	3,634	3,936	4,634	5,274	6,414	6,171	5,376	5,718	5,367	5,838
+ Cash & Cash Equivalents	36	32	23	30	47	52	81	95	93	88	151	56	19	19	25
+ ST Investments	1,509	930	1,100	1,981	3,018	3,581	3,855	4,538	5,182	6,326	6,020	5,320	5,699	5,347	5,813
+ Accounts & Notes Receiv	261	177	93	114	73	85	81	138	111	194	192	145	150	156	169
+ Accounts Receivable, Net	261	177	93	114	73	85	81	93	111	194	192	145	150	156	169
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	45	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-1,805	-1,139	-1,216	-2,126	-3,138	-3,719	-4,017	-4,771	-5,385	-6,608	-6,363	-5,522	-5,868	-5,522	-6,007
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	5,723	5,026	3,339	3,615	4,297	4,461	4,624	5,138	5,629	6,768	6,461	5,585	5,895	5,568	5,915
+ LT Investments	5,723	5,026	3,339	3,615	4,297	4,461	4,624	5,138	5,629	6,768	6,461	5,585	5,895	5,568	5,915
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-5,723	-5,026	-3,339	-3,615	-4,297	-4,461	-4,624	-5,138	-5,629	-6,768	-6,461	-5,585	-5,895	-5,568	-5,915
+ Total Intangible Assets	- -	- -	2	288	289	276	113	110	28	23	20	15	- -	- -	- -
+ Goodwill	- -	- -	- -	192	195	195	11	14	10	10	10	10	- -	- -	- -
+ Other Intangible Assets	- -	- -	2	96	94	81	102	96	18	13	10	5	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-5,723	-5,026	-3,342	-3,903	-4,586	-4,737	-4,737	-5,248	-5,657	-6,791	-6,480	-5,600	-5,895	-5,568	-5,915
Total Assets	6,657	5,903	5,622	6,842	5,642	5,863	5,901	6,315	6,808	7,948	7,839	7,064	7,594	8,690	8,122
+ Payables & Accruals	350	325	38	27	8	7	97	12	- -	- -	- -	- -	21	23	35
+ Accounts Payable	350	325	38	27	8	7	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	97	- -	- -	- -	- -	- -	21	23	35
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	12	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	219	79	68	71	105	522	36	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	219	79	68	71	105	522	36	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-350	-325	-38	-27	-8	-7	-97	-231	-79	-68	-71	-105	-543	-59	-35
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-350	-325	-38	-27	-8	-7	-97	-231	-79	-68	-71	-105	-543	-59	-35
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	1,047	772	930	1,192	1,219	1,070	1,027	894	943	1,515	1,489	1,464	1,060	1,141	1,131
+ LT Borrowings	1,047	772	930	1,192	1,219	1,070	1,027	894	943	1,515	1,489	1,464	1,015	1,111	1,109
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	45	30	22
+ Other LT Liabilities	-1,047	-772	-930	-1,192	-1,219	-1,070	-1,027	-894	-943	-1,515	-1,489	-1,464	-1,060	-1,141	-1,131
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	90	174	71	214	338	391	610	772	942
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-1,047	-772	-930	-1,192	-1,219	-1,070	-1,117	-1,068	-1,014	-1,729	-1,827	-1,856	-1,670	-1,913	-2,073
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	5,474	5,167	4,682	4,671	3,145	2,991	2,901	2,826	2,760	3,664	3,580	3,144	3,196	4,066	3,341
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1,967	1,968	2,347	2,532	2,717	2,780	2,755	2,725	2,450	2,246	1,879	1,520	1,431	1,247	861
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	1,967	1,967	2,347	2,532	2,717	2,780	2,754	2,725	2,450	2,246	1,878	1,520	1,431	1,247	861
- Treasury Stock	892	892	893	893	893	893	894	895	902	910	921	931	946	968	990
+ Retained Earnings	96	-355	-552	407	692	998	1,116	1,720	2,390	2,685	3,181	3,787	4,244	4,695	5,132
+ Other Equity	11	16	37	51	-18	-12	23	-61	110	264	120	-457	-331	-350	-222
Equity Before Minority Interest	1,182	736	940	2,172	2,497	2,872	3,000	3,489	4,049	4,284	4,259	3,919	4,398	4,624	4,782
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	1,182	736	940	2,172	2,497	2,872	3,000	3,489	4,049	4,284	4,259	3,919	4,398	4,624	4,782
Total Liabilities & Equity	6,657	5,903	5,622	6,842	5,642	5,863	5,901	6,315	6,808	7,948	7,839	7,064	7,594	8,690	8,122
Shares Outstanding	133	134	173	191	207	215	216	213	201	192	175	157	153	148	135
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	45	30	22
Net Debt	1,011	741	907	1,162	1,173	1,017	947	1,017	929	1,494	1,409	1,513	1,518	1,128	1,084
Net Debt to Equity	85.53	100.62	96.55	53.5	46.96	35.42	31.55	29.17	22.95	34.88	33.09	38.61	34.52	24.4	22.68
Tangible Common Equity Ratio	17.76	12.47	16.68	28.74	41.24	46.47	49.88	54.45	59.3	53.77	54.21	55.39	57.91	53.21	58.87
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

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	302	-224	-142	1,260	282	308	121	606	672	394	601	743	676	660	618
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	-1,165	-62	-119	-840	296	286	485	232	206	114	222	361	221	236	186
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	7	8	-32	-826	156	171	167	121	157	102	162	207	173	166	139
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	184	- -	5	- -	- -	- -	10	- -	- -
+ Other Non-Cash Adj	-1,172	-70	-88	-14	140	115	134	112	44	11	60	154	39	70	47
+ Chg in Non-Cash Work Cap	-35	39	-358	-583	-564	-213	-245	-160	-184	151	-265	-715	-284	-242	-84
+ (Inc) Dec in Accts Receiv	86	66	7	-28	26	-16	4	-7	-28	-86	3	46	-12	-11	-13
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	3	17	-189	-157	-31	54	-76	-143	-242	-154	-171	-135
+ Inc (Dec) in Accts Payable	54	19	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	-174	-46	-364	-558	-607	-8	-92	-122	-209	313	-125	-520	-119	-60	65
+ Net Cash From Disc Ops	- -	-263	-46	17	-2	- -	- -	- -	- -	- -	- -	- -	-83	-1,319	-600
Cash from Operating Activities	-898	-510	-665	-146	12	382	361	678	694	658	557	388	529	-664	120
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	-2	-6	-18	-25	-36	-29	-26	-28	-17	-13	-18	-9	-2	-4
+ Acq of Fixed Prod Assets	-3	-2	-6	-18	-25	-36	-29	-26	-28	-17	-13	-18	-9	-2	-4
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	299	247	-201	-99	7	-49	-298	-225	-398	-399	-132	-224	-431
+ Increase in Capital Stock	- -	- -	299	247	1	1	7	1	2	2	1	1	2	1	1
+ Decrease in Capital Stock	- -	- -	- -	- -	-202	-100	- -	-50	-300	-226	-399	-400	-133	-225	-432
+ Net Change in LT Investment	1,077	308	-83	-188	-768	-143	-173	-658	-274	-884	5	19	-222	280	-82
+ Dec in LT Investment	6,534	4,185	562	696	570	1,849	1,988	1,395	1,697	1,734	2,090	1,459	896	1,644	1,963
+ Inc in LT Investment	-5,457	-3,878	-645	-884	-1,339	-1,991	-2,161	-2,053	-1,971	-2,618	-2,086	-1,440	-1,118	-1,365	-2,045
+ Net Cash From Acq & Div	- -	- -	- -	-294	-10	- -	-1	-8	- -	16	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	16	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	-294	-10	- -	-1	-8	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-1	355	149	165	807	2	1	3	-1	1	6	-7	-70	50	214
+ Net Cash From Disc Ops	- -	343	108	157	5	- -	- -	- -	- -	- -	- -	- -	-70	49	222
Cash from Investing Activities	1,073	661	60	-336	3	-176	-201	-689	-302	-883	-2	-5	-301	328	127
+ Dividends Paid	-1	-1	-2	-2	-2	-2	-2	-2	-2	-97	-103	-135	-146	-152	-146
+ Net Cash From Debt	-160	-153	298	237	187	-102	-132	75	-102	547	-6	5	-20	-410	-5
+ Cash From Debt	- -	- -	378	294	343	343	462	96	572	723	42	382	44	623	95
+ Repayments of Debt	-160	-153	-79	-57	-156	-445	-594	-21	-674	-175	-48	-377	-64	-1,033	-100
+ Other Financing Activities	- -	- -	1	- -	16	- -	2	-2	-1	-2	10	50	33	1,143	338
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-161	-155	597	482	1	-203	-125	22	-403	223	-497	-479	-265	357	-243
Effect of Foreign Exchange Rates	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	14	-4	-8	- -	15	2	34	11	-11	-2	58	-96	-36	21	4
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow	-901	-513	-671	-165	-14	346	332	652	667	641	545	371	521	-665	116
Net Cash Paid for Acquisitions	- -	- -	- -	294	10	- -	1	8	- -	-16	- -	- -	- -	- -	- -
Free Cash Flow to Firm	-850	- -	- -	- -	45	398	354	706	711	700	611	436	588	-600	169
Free Cash Flow to Equity	-1,061	-666	-373	72	173	244	200	726	565	1,189	539	375	501	-1,075	111
Free Cash Flow per Basic Share	-6.8	-3.87	-3.88	-0.89	-0.07	1.63	1.54	3.04	3.19	3.28	2.89	2.21	3.29	-4.36	0.83
Price/Free Cash Flow	-0.35	-1.59	-3.71	-30.61	88.7	9.88	11.67	5.08	7.33	5.9	7.06	8.02	8.5	-7.39	40.85
Cash Flow to Net Income	-2.97	1.13	3.38	-0.15	0.04	1.24	2.98	1.12	1.03	1.67	0.93	0.52	0.88	-1.1	0.21
Capital Expenditures	-3	-2	-6	-18	-25	-36	-29	-26	-28	-17	-13	-18	-9	-2	-4