Republic Services, Inc.

RSG

RSGRepublic Services, Inc. US flag

New York Stock Exchange

209.91

USD

+1.86

- -

64.58BMarket 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	8,193	8,118	8,417	8,803	9,115	9,388	10,042	10,041	10,299	10,154	11,295	13,511	14,965	16,032	16,591
+ Sales & Services Revenue	8,193	8,118	8,417	8,803	9,115	9,388	10,042	10,041	10,299	10,154	11,295	13,511	14,965	16,032	16,591
- Cost of Revenue	4,865	5,006	5,235	5,643	5,519	5,764	6,215	6,150	6,298	6,100	6,738	8,205	8,943	9,350	9,630
+ Cost of Goods & Services	4,865	5,006	5,235	5,643	5,519	5,764	6,215	6,150	6,298	6,100	6,738	8,205	8,943	9,350	9,630
Gross Profit	3,328	3,113	3,182	3,160	3,596	3,624	3,827	3,891	4,001	4,053	4,557	5,306	6,022	6,682	6,961
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	1,797	1,794	1,848	1,942	2,073	2,040	2,174	2,174	2,214	2,212	2,464	2,893	3,213	3,458	3,639
+ Selling, General & Admin	804	791	838	896	960	949	1,057	1,060	1,092	1,025	1,196	1,454	1,609	1,647	1,670
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	992	1,003	1,011	1,046	1,112	1,091	1,116	1,114	1,122	1,187	1,268	1,439	1,604	1,811	1,969
Operating Income (Loss)	1,531	1,319	1,334	1,218	1,524	1,584	1,653	1,717	1,787	1,841	2,093	2,413	2,809	3,224	3,322
- Non-Operating (Income) Loss	625	495	483	333	328	618	371	396	491	699	518	581	618	792	728
+ Interest Expense, Net	390	341	319	310	324	370	361	382	386	350	312	392	502	530	566
+ Interest Expense	390	342	319	310	325	371	362	384	392	356	315	395	508	539	574
- Interest Income	- -	1	1	1	1	1	1	2	6	5	2	3	6	9	8
+ Other Non-Op (Income) Loss	235	153	164	23	3	247	10	14	105	348	206	189	116	262	162
Pretax Income	906	824	851	885	1,196	966	1,282	1,321	1,296	1,143	1,575	1,832	2,191	2,432	2,594
- Income Tax Expense (Benefit)	317	252	262	337	446	353	3	283	222	173	283	344	460	388	455
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	589	572	589	548	750	613	1,279	1,038	1,074	970	1,292	1,488	1,731	2,044	2,139
- Net Extraordinary Losses (Gains)	-1	1	- -	1	1	1	1	1	1	5	4	- -	- -	2	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-1	1	- -	1	1	1	1	1	1	5	4	- -	- -	2	- -
Income (Loss) Incl. MI	590	572	589	547	749	612	1,278	1,036	1,073	965	1,288	1,488	1,731	2,042	2,139
- Minority Interest	- -	- -	- -	- -	- -	-1	-1	-1	- -	-2	-2	- -	- -	-1	- -
Net Income, GAAP	589	572	589	548	750	613	1,278	1,037	1,073	967	1,290	1,488	1,731	2,043	2,139
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	589	572	589	548	750	613	1,278	1,037	1,073	967	1,290	1,488	1,731	2,043	2,139
EBIT	1,531	1,319	1,334	1,218	1,524	1,584	1,653	1,717	1,787	1,841	2,093	2,413	2,809	3,224	3,322
EBITDA	2,453	2,246	2,288	2,203	2,574	2,654	2,770	2,831	2,909	3,000	3,362	3,854	4,408	5,008	5,250
EBITDA Margin (%)	29.94	27.66	27.18	25.03	28.23	28.27	27.58	28.2	28.25	29.55	29.76	28.52	29.46	31.24	31.64
EBITA	1,531	1,319	1,334	1,218	1,524	1,584	1,653	1,717	1,787	1,841	2,093	2,413	2,809	3,224	3,322
Gross Margin (%)	40.62	38.34	37.81	35.9	39.46	38.6	38.11	38.75	38.85	39.92	40.35	39.27	40.24	41.68	41.96
Operating Margin (%)	18.69	16.24	15.85	13.84	16.72	16.87	16.47	17.1	17.35	18.13	18.53	17.86	18.77	20.11	20.02
Profit Margin (%)	7.19	7.04	7	6.22	8.23	6.53	12.73	10.33	10.42	9.53	11.42	11.01	11.57	12.74	12.89
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.82	0.9	0.96	1.06	1.14	1.22	1.31	1.41	1.53	1.64	1.73	1.87	2.02	2.19	2.37
Depreciation Expense	922	927	954	985	1,050	1,070	1,116	1,114	1,122	1,159	1,268	1,441	1,599	1,784	1,928
Basic Weighted Avg Shares	376	367	362	357	350	343	337	327	321	319	319	316	316	314	312
Basic EPS, GAAP	1.57	1.56	1.63	1.54	2.14	1.79	3.79	3.17	3.34	3.03	4.05	4.7	5.47	6.5	6.86
Basic EPS from Cont Ops	1.57	1.56	1.63	1.54	2.14	1.79	3.79	3.17	3.34	3.04	4.05	4.7	5.47	6.5	6.86
Diluted Weighted Avg Shares	378	368	363	358	351	344	339	328	322	320	319	317	317	315	312
Diluted EPS, GAAP	1.56	1.55	1.62	1.53	2.13	1.78	3.77	3.16	3.33	3.02	4.04	4.69	5.47	6.49	6.85
Diluted EPS from Cont Ops	1.56	1.55	1.62	1.53	2.14	1.78	3.77	3.16	3.33	3.03	4.05	4.69	5.47	6.49	6.85

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	1,266	1,231	1,422	1,391	1,230	1,284	1,437	1,564	1,606	1,522	1,711	2,357	2,381	2,406	2,523
+ Cash, Cash Equivalents & STI	66	68	213	75	32	68	83	70	47	38	29	143	140	74	76
+ Cash & Cash Equivalents	66	68	213	75	32	68	83	70	47	38	29	143	140	74	76
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	949	945	984	1,101	1,088	1,093	1,217	1,350	1,403	1,328	1,508	1,983	1,992	2,071	2,169
+ Accounts Receivable, Net	826	837	891	930	963	995	1,106	1,103	1,126	1,091	1,271	1,677	1,768	1,821	1,897
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	123	109	94	171	126	98	111	248	277	237	237	306	224	250	272
+ Inventories	35	34	38	36	39	44	51	53	57	59	72	97	98	98	106
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	35	34	38	36	39	44	51	53	57	59	72	97	98	98	106
+ Other ST Assets	216	184	187	178	71	80	85	90	100	96	101	134	151	163	172
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	18,286	18,386	18,527	18,703	19,306	19,345	19,710	20,053	21,078	21,912	23,244	26,696	29,029	29,996	31,843
+ Property, Plant & Equip, Net	6,792	6,910	7,037	7,165	7,553	7,589	7,777	8,020	8,627	8,945	9,487	11,019	11,589	12,109	12,847
+ Property, Plant & Equip	10,853	11,559	12,360	13,196	14,197	14,952	15,822	16,752	17,900	18,777	20,037	22,516	24,085	25,776	27,671
- Accumulated Depreciation	4,060	4,649	5,323	6,031	6,644	7,364	8,045	8,732	9,273	9,832	10,550	11,497	12,496	13,667	14,824
+ LT Investments & Receivables	- -	- -	- -	- -	10	25	27	73	88	145	128	281	469	637	815
+ LT Investments	- -	- -	- -	- -	10	25	27	73	88	145	128	281	469	637	815
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	11,494	11,475	11,490	11,538	11,743	11,732	11,906	11,960	12,363	12,822	13,629	15,395	16,971	17,250	18,181
+ Total Intangible Assets	11,057	11,049	11,040	11,130	11,392	11,346	11,456	11,507	11,767	12,220	13,086	14,799	16,330	16,528	17,370
+ Goodwill	10,647	10,690	10,724	10,831	11,146	11,163	11,315	11,400	11,633	12,046	12,826	14,452	15,834	15,982	16,715
+ Other Intangible Assets	410	359	316	299	246	182	141	106	134	173	260	347	496	546	655
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	437	427	451	408	351	386	449	453	596	602	544	597	641	722	811
Total Assets	19,552	19,617	19,949	20,094	20,536	20,630	21,147	21,617	22,684	23,434	24,955	29,053	31,410	32,402	34,366
+ Payables & Accruals	1,274	1,015	1,069	1,163	1,184	1,186	1,313	1,380	1,406	1,419	1,639	2,080	2,381	2,317	2,357
+ Accounts Payable	564	474	511	527	577	554	598	762	778	779	910	1,222	1,412	1,345	1,374
+ Accrued Taxes	29	2	- -	16	- -	1	12	124	141	132	144	168	183	206	214
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	681	539	557	619	606	631	703	494	487	507	585	690	786	766	769
+ ST Debt	35	19	16	10	6	6	707	691	981	202	46	514	987	917	644
+ ST Borrowings	35	19	16	10	6	6	707	691	930	168	8	456	932	862	596
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	52	34	38	58	55	55	48
+ Other ST Liabilities	589	660	633	653	645	620	615	648	677	662	730	796	860	894	927
+ Deferred Revenue	290	313	302	306	314	313	312	339	336	346	381	443	467	485	496
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	299	347	331	346	331	308	303	309	341	316	349	353	393	409	431
Total Current Liabilities	1,898	1,695	1,717	1,826	1,835	1,812	2,635	2,719	3,065	2,282	2,416	3,391	4,228	4,128	3,928
+ LT Debt	6,887	7,051	7,002	7,051	7,527	7,653	7,481	7,647	7,971	8,973	9,785	11,568	12,082	12,040	13,162
+ LT Borrowings	6,887	7,051	7,002	7,051	7,527	7,653	7,481	7,647	7,759	8,766	9,546	11,330	11,887	11,851	12,985
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	212	207	239	238	195	189	177
+ Other LT Liabilities	3,084	3,165	3,324	3,469	3,397	3,471	3,070	3,322	3,527	3,690	3,774	4,408	4,557	4,827	5,307
+ Accrued Liabilities	1,192	1,283	1,252	1,225	1,215	1,298	894	1,124	1,297	1,365	1,349	1,627	1,642	1,714	2,009
+ Pension Liabilities	47	43	178	151	18	18	20	18	18	28	24	20	20	19	20
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	1,844	1,839	1,893	2,094	2,164	2,154	2,156	2,180	2,212	2,297	2,401	2,760	2,895	3,094	3,278
Total Noncurrent Liabilities	9,971	10,216	10,326	10,520	10,924	11,124	10,551	10,969	11,498	12,663	13,560	15,975	16,639	16,867	18,469
Total Liabilities	11,868	11,911	12,043	12,346	12,759	12,936	13,186	13,688	14,563	14,945	15,975	19,366	20,867	20,995	22,397
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	6,500	6,593	6,769	6,881	4,681	4,768	4,843	4,928	4,998	2,745	2,793	2,846	2,904	1,770	1,836
+ Common Stock	4	4	4	4	4	4	4	4	4	3	3	3	3	3	3
+ Additional Paid in Capital	6,496	6,589	6,765	6,877	4,678	4,764	4,840	4,925	4,995	2,741	2,790	2,843	2,901	1,767	1,833
- Treasury Stock	962	1,287	1,501	1,902	15	415	1,059	1,783	2,200	- -	275	505	784	113	1,000
+ Retained Earnings	2,165	2,403	2,633	2,795	3,138	3,324	4,152	4,750	5,317	5,752	6,476	7,356	8,434	9,774	11,161
+ Other Equity	-22	-6	3	-29	-30	14	23	31	2	-12	-15	-12	-12	-26	-29
Equity Before Minority Interest	7,681	7,703	7,904	7,745	7,774	7,691	7,959	7,927	8,118	8,484	8,979	9,686	10,542	11,405	11,968
+ Minority/Non Controlling Interest	2	2	3	2	2	2	2	2	3	5	1	1	1	2	1
Total Equity	7,683	7,706	7,906	7,748	7,777	7,694	7,961	7,930	8,121	8,489	8,980	9,687	10,543	11,407	11,969
Total Liabilities & Equity	19,552	19,617	19,949	20,094	20,536	20,630	21,147	21,617	22,684	23,434	24,955	29,053	31,410	32,402	34,366
Shares Outstanding	370	361	360	353	346	339	332	322	319	284	317	316	315	312	308
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	264	240	277	296	250	244	225
Net Debt	6,856	7,003	6,805	6,986	7,500	7,591	8,104	8,267	8,641	8,896	9,525	11,642	12,679	12,639	13,505
Net Debt to Equity	89.22	90.88	86.07	90.17	96.45	98.67	101.8	104.26	106.41	104.8	106.08	120.19	120.26	110.8	112.83
Tangible Common Equity Ratio	-39.71	-39.02	-35.17	-37.73	-39.54	-39.33	-36.07	-35.38	-33.4	-33.27	-34.59	-35.86	-38.38	-32.26	-31.78
Current Ratio	0.67	0.73	0.83	0.76	0.67	0.71	0.55	0.58	0.52	0.67	0.71	0.7	0.56	0.58	0.64
Cash Conversion Cycle	-4.5	2.06	5.62	6.53	3.86	4.9	7.19	2.9	-1.9	-3.24	-3.93	-3.69	-7.75	-9.13	-6.72

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	589	572	589	548	750	613	1,279	1,038	1,074	970	1,292	1,488	1,731	2,044	2,139
+ Depreciation & Amortization	922	927	954	985	1,050	1,070	1,116	1,114	1,122	1,159	1,268	1,441	1,599	1,784	1,928
+ Non-Cash Items	509	171	38	121	-126	193	-390	160	242	351	204	373	263	368	464
+ Stock-Based Compensation	21	21	19	17	19	23	35	39	40	37	57	39	41	42	- -
+ Deferred Income Taxes	335	84	-38	-9	117	47	-379	152	166	61	-16	181	102	87	269
+ Asset Impairment Charge	49	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	105	66	57	113	-262	122	-45	-31	36	253	162	153	120	239	195
+ Chg in Non-Cash Work Cap	-253	-156	-33	-124	5	-28	-95	-69	-86	-8	23	-112	25	-260	-235
+ (Inc) Dec in Accts Receiv	-16	-37	-62	-54	-16	-52	-119	-30	-38	14	-135	-199	-71	-76	-87
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-5	-14	-11	-41	-9	-1	-36	-152	-110	6	-57	-84	-30	-171	-174
+ Inc (Dec) in Accts Payable	12	-50	38	3	36	-10	22	86	6	-47	114	106	83	-27	-14
+ Inc (Dec) in Other	-244	-55	2	-32	-6	35	39	27	56	19	101	65	43	14	40
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	1,767	1,514	1,548	1,530	1,680	1,848	1,911	2,243	2,352	2,472	2,787	3,190	3,618	3,936	4,296
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	35	29	24	36	21	10	6	32	22	30	20	33	29	47	13
+ Disp of Fixed Prod Assets	35	29	24	36	21	10	6	32	22	30	20	33	29	47	13
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-936	-904	-881	-862	-946	-928	-990	-1,072	-1,207	-1,195	-1,316	-1,454	-1,631	-1,855	-1,887
+ Acq of Fixed Prod Assets	-936	-904	-881	-862	-946	-928	-990	-1,072	-1,207	-1,195	-1,316	-1,454	-1,631	-1,855	-1,887
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-420	-255	-63	-312	-339	-354	-574	-714	-390	-95	-264	-216	-263	-496	-875
+ Increase in Capital Stock	41	70	151	89	66	50	37	23	9	4	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-461	-326	-214	-401	-405	-404	-611	-737	-399	-99	-264	-216	-263	-496	-875
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-28	-86	-66	-196	-573	-47	-347	-188	-532	-737	-1,175	-2,988	-2,059	-751	-1,419
+ Cash from Divestitures	14	10	3	- -	- -	15	5	89	43	33	46	51	6	2	11
+ Cash for Acq of Subs	-43	-95	-69	-196	-573	-62	-352	-277	-575	-770	-1,222	-3,039	-2,065	-753	-1,430
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-20	23	-11	63	14	1	1	-1	-1	-22	6	-14	-6	-2	-20
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-950	-938	-934	-960	-1,483	-964	-1,330	-1,229	-1,719	-1,923	-2,466	-4,423	-3,667	-2,561	-3,313
+ Dividends Paid	-309	-329	-348	-379	-399	-419	-440	-462	-491	-522	-553	-593	-638	-687	-738
+ Net Cash From Debt	37	51	-59	-15	501	94	510	129	310	120	392	4,329	-208	-200	692
+ Cash From Debt	3,261	3,619	1,219	1,383	1,416	4,401	5,433	5,129	5,638	5,342	11,001	32,892	80,614	24,909	38,898
+ Repayments of Debt	-3,224	-3,568	-1,278	-1,398	-916	-4,307	-4,923	-5,001	-5,328	-5,221	-10,609	-28,564	-80,822	-25,109	-38,206
+ Other Financing Activities	-146	-42	2	-2	-2	-178	-10	-13	-17	-115	96	-2,176	1,171	-15	-17
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-838	-575	-469	-708	-240	-857	-514	-1,060	-589	-612	-329	1,344	62	-1,398	-938
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3	1	-2	1
Net Changes in Cash	-22	1	146	-138	-43	26	66	-46	44	-63	-9	111	13	-23	45
EBITDA	2,453	2,246	2,288	2,203	2,574	2,654	2,770	2,831	2,909	3,000	3,362	3,854	4,408	5,008	5,250
EBITDA Margin (%)	29.94	27.66	27.18	25.03	28.23	28.27	27.58	28.2	28.25	29.55	29.76	28.52	29.46	31.24	31.64
Free Cash Flow	830	610	667	667	734	920	921	1,171	1,145	1,277	1,470	1,736	1,987	2,081	2,409
Net Cash Paid for Acquisitions	28	86	66	196	573	47	347	188	532	737	1,175	2,988	2,059	751	1,419
Free Cash Flow to Firm	1,084	848	888	859	938	1,156	1,282	1,472	1,470	1,579	1,729	2,057	2,388	2,534	2,882
Free Cash Flow to Equity	902	690	632	688	1,256	1,024	1,437	1,331	1,476	1,427	1,882	6,098	1,808	1,928	3,114
Free Cash Flow per Basic Share	2.21	1.66	1.84	1.87	2.1	2.68	2.73	3.58	3.57	4	4.61	5.48	6.28	6.62	7.72
Price/Free Cash Flow	3.85	4.47	4.97	6.02	5.89	7.08	7.9	7.14	8.11	8.4	10.86	8.81	9.95	10.94	10.7
Cash Flow to Net Income	3	2.65	2.63	2.79	2.24	3.02	1.49	2.16	2.19	2.56	2.16	2.14	2.09	1.93	2.01
Capital Expenditures	-936	-904	-881	-862	-946	-928	-990	-1,072	-1,207	-1,195	-1,316	-1,454	-1,631	-1,855	-1,887