Constellation Brands, Inc.

STZ

STZConstellation Brands, Inc. US flag

New York Stock Exchange

144.11

USD

-4.02

- -

24.72BMarket Cap

Income Statement (USD)

MCP API Chat

	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	2026 Y
As of date	02/29/2012	02/28/2013	02/28/2014	02/28/2015	02/29/2016	02/28/2017	02/28/2018	02/28/2019	02/29/2020	02/28/2021	02/28/2022	02/28/2023	02/29/2024	02/28/2025	02/28/2026

Sales/Revenue/Turnover	2,654	2,796	4,868	6,028	6,548	7,321	7,580	8,116	8,344	8,615	8,821	9,453	9,962	10,209	9,139
+ Sales & Services Revenue	2,654	2,796	4,868	6,028	6,548	7,321	7,580	8,116	8,344	8,615	8,821	9,453	9,962	10,209	9,139
- Cost of Revenue	1,592	1,688	2,876	3,449	3,606	3,802	3,768	4,036	4,192	4,149	4,113	4,684	4,944	4,894	4,428
+ Cost of Goods & Services	1,592	1,688	2,876	3,449	3,606	3,802	3,768	4,036	4,192	4,149	4,113	4,684	4,944	4,894	4,428
Gross Profit	1,062	1,108	1,992	2,579	2,942	3,519	3,812	4,080	4,152	4,466	4,707	4,769	5,018	5,315	4,712
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	538	585	895	1,078	1,177	1,392	1,533	1,668	1,622	1,675	1,710	1,928	1,833	1,950	1,848
+ Selling, General & Admin	538	585	895	1,078	1,177	1,392	1,533	1,668	1,622	1,675	1,710	1,928	1,833	1,950	1,848
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	525	523	1,097	1,500	1,765	2,127	2,280	2,412	2,530	2,791	2,998	2,841	3,185	3,365	2,863
- Non-Operating (Income) Loss	-9	6	-1,106	321	264	44	-58	-1,733	3,475	248	2,687	2,457	963	3,447	485
+ Interest Expense, Net	181	227	323	338	314	333	332	367	429	386	356	423	435	411	351
+ Interest Expense	181	227	323	338	314	333	332	367	429	386	356	423	444	418	362
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8	7	10
+ Other Non-Op (Income) Loss	-190	-221	-1,429	-17	-50	-290	-390	-2,100	3,047	-138	2,331	2,034	528	3,036	134
Pretax Income	534	516	2,202	1,180	1,501	2,083	2,338	4,145	-945	2,543	310	384	2,222	-83	2,378
- Income Tax Expense (Benefit)	89	129	259	343	441	550	23	686	-967	511	309	422	457	-52	621
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	445	388	1,943	836	1,061	1,533	2,315	3,459	21	2,032	1	-38	1,765	-31	1,757
- Net Extraordinary Losses (Gains)	- -	- -	- -	-6	11	8	24	46	66	68	83	65	76	101	140
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	-6	11	8	24	46	66	68	83	65	76	101	140
Income (Loss) Incl. MI	445	388	1,943	842	1,049	1,524	2,292	3,413	-45	1,964	-82	-104	1,690	-132	1,617
- Minority Interest	- -	- -	- -	3	-6	-4	-12	-23	-33	-34	-41	-32	-38	-50	-70
Net Income, GAAP	445	388	1,943	839	1,055	1,529	2,303	3,436	-12	1,998	-40	-71	1,727	-81	1,687
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	445	388	1,943	839	1,055	1,529	2,303	3,436	-12	1,998	-40	-71	1,727	-81	1,687
EBIT	525	523	1,097	1,500	1,765	2,127	2,280	2,412	2,530	2,791	2,998	2,841	3,185	3,365	2,863
EBITDA	628	638	1,252	1,702	1,945	2,364	2,574	2,745	2,857	3,085	3,335	3,225	3,613	3,810	3,282
EBITDA Margin (%)	23.67	22.83	25.72	28.24	29.71	32.29	33.95	33.83	34.24	35.81	37.81	34.11	36.27	37.32	35.91
EBITA	525	523	1,097	1,500	1,765	2,127	2,280	2,412	2,530	2,791	2,998	2,841	3,185	3,365	2,863
Gross Margin (%)	40.01	39.64	40.92	42.78	44.93	48.07	50.29	50.27	49.76	51.84	53.37	50.45	50.37	52.06	51.55
Operating Margin (%)	19.76	18.7	22.53	24.89	26.95	29.05	30.08	29.72	30.32	32.4	33.98	30.05	31.97	32.96	31.33
Profit Margin (%)	16.77	13.87	39.92	13.92	16.11	20.88	30.39	42.33	-0.14	23.19	-0.46	-0.75	17.34	-0.8	18.46
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	1.23	1.58	2.05	2.93	2.97	2.97	3.01	3.05	3.57	4.03	4.08
Depreciation Expense	104	115	155	202	180	238	294	333	326	294	337	384	428	446	419
Basic Weighted Avg Shares	204	182	188	193	197	199	195	191	192	194	191	193	183	181	175
Basic EPS, GAAP	2.18	2.13	10.33	4.35	5.36	7.67	11.82	18.03	-0.06	10.32	-0.21	-0.37	9.42	-0.45	9.62
Basic EPS from Cont Ops	2.18	2.13	10.33	4.34	5.39	7.69	11.89	18.15	0.11	10.5	0.01	-0.2	9.63	-0.17	10.02
Diluted Weighted Avg Shares	209	190	198	201	204	204	201	196	192	195	191	193	184	181	176
Diluted EPS, GAAP	2.13	2.04	9.83	4.17	5.18	7.49	11.47	17.57	-0.06	10.23	-0.21	-0.37	9.39	-0.45	9.61
Diluted EPS from Cont Ops	2.13	2.04	9.83	4.16	5.2	7.51	11.53	17.69	0.11	10.4	0.01	-0.2	9.6	-0.17	10.01

Balance Sheet (USD)

MCP API Chat

	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	2026 Y
As of date	02/29/2012	02/28/2013	02/28/2014	02/28/2015	02/29/2016	02/28/2017	02/28/2018	02/28/2019	02/29/2020	02/28/2021	02/28/2022	02/28/2023	02/29/2024	02/28/2025	02/28/2026

Total Current Assets	2,034	2,471	2,747	2,911	2,978	3,230	3,474	3,684	3,484	3,044	3,330	3,496	3,730	3,716	2,906
+ Cash, Cash Equivalents & STI	86	332	64	110	83	177	90	94	81	461	199	134	152	68	102
+ Cash & Cash Equivalents	86	332	64	110	83	177	90	94	81	461	199	134	152	68	102
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	438	589	744	733	857	916	1,107	1,268	1,215	1,088	1,119	1,076	1,080	978	947
+ Accounts Receivable, Net	438	472	626	599	732	737	776	847	865	785	899	902	833	736	658
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	117	118	134	124	179	331	421	350	303	220	174	248	241	289
+ Inventories	1,374	1,481	1,744	1,827	1,852	1,955	2,084	2,130	1,374	1,291	1,573	1,899	2,078	1,437	1,434
+ Raw Materials	48	46	88	106	107	150	161	183	172	151	185	246	254	230	205
+ Work In Process	1,048	1,168	1,235	1,244	1,219	1,260	1,383	1,480	815	736	805	968	1,096	541	550
+ Finished Goods	278	267	421	477	526	545	540	467	387	404	583	685	728	666	680
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	136	70	196	241	186	182	193	192	814	204	438	388	418	1,233	423
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	5,076	5,167	11,555	12,182	13,987	15,372	17,065	25,548	23,839	24,060	22,526	21,166	21,962	17,936	18,994
+ Property, Plant & Equip, Net	1,256	1,229	2,014	2,682	3,333	3,933	4,790	5,267	5,814	6,300	6,538	6,865	8,670	7,956	9,103
+ Property, Plant & Equip	1,979	2,047	2,939	3,732	4,513	5,210	6,274	6,972	7,273	8,034	8,491	9,257	11,404	10,503	12,198
- Accumulated Depreciation	723	818	925	1,050	1,179	1,277	1,484	1,705	1,458	1,734	1,952	2,392	2,733	2,548	3,095
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	794	6,700	4,211	4,606	2,880	663	244	206	219
+ LT Investments	- -	- -	- -	- -	- -	- -	794	6,700	4,211	4,606	2,880	663	244	206	219
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	3,820	3,938	9,541	9,501	10,654	11,440	11,481	13,580	13,814	13,154	13,108	13,638	13,048	9,774	9,672
+ Total Intangible Assets	3,499	3,594	9,378	9,389	10,542	11,298	11,388	11,287	10,476	10,526	10,618	10,654	10,712	7,659	7,767
+ Goodwill	2,633	2,722	6,147	6,208	7,139	7,920	8,083	8,089	7,757	7,794	7,862	7,925	7,980	5,127	5,234
+ Other Intangible Assets	866	871	3,231	3,181	3,404	3,378	3,305	3,198	2,719	2,732	2,755	2,728	2,732	2,532	2,533
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	320	344	163	111	112	141	93	2,293	3,338	2,629	2,490	2,984	2,336	2,115	1,905
Total Assets	7,110	7,638	14,302	15,093	16,965	18,602	20,539	29,232	27,323	27,105	25,856	24,662	25,692	21,652	21,900
+ Payables & Accruals	314	461	1,203	611	804	1,018	1,114	1,093	1,051	990	1,484	1,514	1,642	1,482	1,599
+ Accounts Payable	130	209	295	286	429	560	592	617	558	460	899	942	1,107	940	960
+ Accrued Taxes	25	30	73	29	59	105	77	24	25	45	45	47	51	71	204
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	159	222	834	296	316	353	445	452	468	485	540	525	484	472	435
+ ST Debt	708	28	647	210	1,265	1,517	769	1,857	1,050	98	1,009	1,256	1,288	2,285	978
+ ST Borrowings	708	28	647	210	1,265	1,517	769	1,857	974	29	928	1,175	1,198	2,209	876
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	77	69	80	81	90	77	102
+ Other ST Liabilities	177	189	176	309	204	163	156	214	211	181	206	198	212	268	113
+ Deferred Revenue	36	49	53	53	- -	- -	- -	- -	- -	16	32	34	35	92	18
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	142	140	123	256	204	163	156	214	211	165	174	164	178	176	95
Total Current Liabilities	1,200	678	2,026	1,131	2,272	2,698	2,040	3,164	2,312	1,269	2,699	2,968	3,142	4,035	2,690
+ LT Debt	2,421	3,278	6,373	7,086	6,816	7,721	9,418	11,760	11,694	10,884	9,946	11,704	11,270	9,828	10,225
+ LT Borrowings	2,421	3,278	6,373	7,086	6,816	7,721	9,418	11,760	11,211	10,413	9,488	11,286	10,681	9,289	9,693
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	484	471	457	417	589	539	532
+ Other LT Liabilities	813	822	922	995	1,185	1,299	1,090	1,471	843	1,022	1,164	1,256	1,216	654	599
+ Accrued Liabilities	609	600	763	819	1,022	1,134	1,090	1,030	384	571	620	662	672	93	204
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	204	222	159	176	162	166	- -	441	459	451	544	595	544	562	395
Total Noncurrent Liabilities	3,234	4,100	7,295	8,081	8,001	9,020	10,507	13,230	12,537	11,907	11,109	12,960	12,485	10,482	10,824
Total Liabilities	4,434	4,778	9,321	9,212	10,273	11,718	12,547	16,394	14,849	13,176	13,808	15,928	15,627	14,518	13,514
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1,694	1,910	2,119	2,273	2,592	2,759	2,828	1,413	1,517	1,606	1,811	1,905	2,049	2,147	2,188
+ Common Stock	3	3	3	3	3	3	3	2	2	2	2	2	2	2	2
+ Additional Paid in Capital	1,691	1,907	2,117	2,270	2,589	2,756	2,825	1,411	1,515	1,604	1,809	1,903	2,047	2,145	2,186
- Treasury Stock	1,299	1,677	1,662	1,648	1,670	2,778	3,807	2,784	2,814	2,790	4,172	5,864	6,100	7,205	8,103
+ Retained Earnings	2,107	2,495	4,438	5,278	6,090	7,310	9,157	14,276	13,695	15,118	14,505	12,344	13,417	12,603	13,574
+ Other Equity	174	132	86	-131	-452	-400	-203	-354	-266	-336	-413	28	377	-663	423
Equity Before Minority Interest	2,676	2,860	4,981	5,771	6,560	6,891	7,975	12,551	12,132	13,599	11,732	8,414	9,743	6,882	8,082
+ Minority/Non Controlling Interest	- -	- -	- -	111	132	-6	17	286	342	330	316	320	322	253	304
Total Equity	2,676	2,860	4,981	5,881	6,692	6,885	7,992	12,837	12,474	13,929	12,048	8,734	10,065	7,135	8,387
Total Liabilities & Equity	7,110	7,638	14,302	15,093	16,965	18,602	20,539	29,232	27,323	27,105	25,856	24,662	25,692	21,652	21,900
Shares Outstanding	194	185	191	195	199	195	191	191	193	194	190	183	183	178	173
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	560	540	538	499	678	616	634
Net Debt	3,044	2,974	6,957	7,186	7,998	9,061	10,096	13,523	12,103	9,982	10,217	12,328	11,727	11,430	10,466
Net Debt to Equity	113.74	103.97	139.65	122.19	119.52	131.6	126.34	105.34	97.03	71.66	84.8	141.15	116.52	160.2	124.79
Tangible Common Equity Ratio	-22.8	-18.13	-89.29	-61.5	-59.95	-60.42	-37.11	8.64	11.86	20.53	9.39	-13.7	-4.32	-3.75	4.39
Current Ratio	1.7	3.65	1.36	2.57	1.31	1.2	1.7	1.16	1.51	2.4	1.23	1.18	1.19	0.92	1.08
Cash Conversion Cycle	343.61	333.58	216.48	196.01	187.34	173.13	178.12	173.03	127.61	106.5	105.5	102.99	105.6	71.31	67.82

Cash Flow Statement (USD)

MCP API Chat

	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	2026 Y
As of date	02/29/2012	02/28/2013	02/28/2014	02/28/2015	02/29/2016	02/28/2017	02/28/2018	02/28/2019	02/29/2020	02/28/2021	02/28/2022	02/28/2023	02/29/2024	02/28/2025	02/28/2026

+ Net Income	445	388	1,943	836	1,061	1,533	2,315	3,459	21	2,032	1	-38	1,765	-31	1,757
+ Depreciation & Amortization	104	115	155	202	180	238	294	333	326	294	337	384	428	446	419
+ Non-Cash Items	134	121	-1,271	185	334	-51	-354	-1,308	2,287	333	2,553	2,686	875	2,872	679
+ Stock-Based Compensation	48	41	50	55	54	56	61	64	60	63	45	68	64	72	68
+ Deferred Income Taxes	48	39	42	79	251	125	-237	389	-1,154	336	85	208	148	-210	510
+ Asset Impairment Charge	38	- -	301	- -	41	56	93	114	466	11	671	1,127	136	3,284	111
+ Other Non-Cash Adj	- -	41	-1,663	51	-12	-288	-270	-1,876	2,914	-78	1,752	1,283	527	-274	-11
+ Chg in Non-Cash Work Cap	102	-68	-2	-142	-161	-24	-323	-238	-84	148	-186	-274	-288	-134	-185
+ (Inc) Dec in Accts Receiv	-6	-39	36	16	-130	-49	-34	-72	-22	60	-114	-4	73	90	83
+ (Inc) Dec in Inventories	52	-90	-41	-132	10	-151	-124	-62	-30	194	-261	-356	-182	-152	-48
+ (Inc) Dec in Prepaid Assets	6	-10	- -	-71	46	-72	-112	-103	8	66	-113	198	-76	-89	3
+ Inc (Dec) in Accts Payable	49	71	3	46	-87	248	-54	-1	-42	-171	185	-125	-91	53	-152
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	118	13	-11	-36	-72
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	784	556	826	1,081	1,414	1,696	1,931	2,246	2,551	2,806	2,705	2,757	2,780	3,152	2,669
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-68	-62	-224	-719	-891	-907	-1,058	-886	-726	-865	-1,027	-1,035	-1,269	-1,214	-875
+ Acq of Fixed Prod Assets	-68	-62	-224	-719	-891	-907	-1,058	-886	-726	-865	-1,027	-1,035	-1,269	-1,214	-875
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-409	-383	- -	- -	-34	-1,123	-1,038	-504	-50	- -	-1,390	-3,200	-250	-1,124	-924
+ Increase in Capital Stock	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-414	-383	- -	- -	-34	-1,123	-1,038	-504	-50	- -	-1,390	-3,200	-250	-1,124	-924
+ Net Change in LT Investment	20	- -	23	- -	- -	- -	- -	110	2	- -	74	- -	- -	- -	- -
+ Dec in LT Investment	20	- -	23	- -	- -	- -	- -	110	2	- -	74	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-82	-159	-4,681	-310	-1,316	-536	-155	-46	185	757	-86	29	-37	216	832
+ Cash from Divestitures	- -	- -	- -	- -	- -	575	- -	- -	270	1,000	5	97	5	409	850
+ Cash for Acq of Subs	-82	-159	-4,681	-310	-1,316	-1,111	-155	-46	-84	-242	-90	-68	-42	-194	-18
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-4	15	18	14	- -	-19	-210	-4,010	9	20	2	7	20	24	59
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-135	-207	-4,864	-1,016	-2,207	-1,462	-1,423	-4,832	-531	-88	-1,036	-999	-1,286	-975	16
+ Dividends Paid	- -	- -	- -	- -	-242	-315	-400	-558	-569	-575	-573	-588	-654	-732	-716
+ Net Cash From Debt	-476	140	3,686	312	762	1,191	942	3,640	-904	-1,527	-370	1,185	335	-957	-407
+ Cash From Debt	- -	1,677	3,782	918	971	2,163	8,071	3,703	1,291	1,195	996	3,345	1,144	- -	998
+ Repayments of Debt	-476	-1,537	-96	-606	-209	-972	-7,129	-63	-2,195	-2,721	-1,365	-2,160	-810	-957	-1,404
+ Other Financing Activities	310	144	91	-329	290	112	-104	15	-508	-245	404	783	-906	551	-610
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-575	-99	3,777	-16	776	-135	-601	2,593	-2,031	-2,347	-1,930	-1,820	-1,475	-2,262	-2,656
Effect of Foreign Exchange Rates	3	-5	-7	-2	-9	-5	6	-4	-1	7	-1	-4	-1	- -	5
Net Changes in Cash	74	251	-261	49	-18	99	-93	8	-11	372	-260	-62	20	-84	30
EBITDA	628	638	1,252	1,702	1,945	2,364	2,574	2,745	2,857	3,085	3,335	3,225	3,613	3,810	3,282
EBITDA Margin (%)	23.67	22.83	25.72	28.24	29.71	32.29	33.95	33.83	34.24	35.81	37.81	34.11	36.27	37.32	35.91
Free Cash Flow	716	494	603	362	522	789	874	1,360	1,825	1,942	1,679	1,722	1,511	1,938	1,794
Net Cash Paid for Acquisitions	82	159	4,681	310	1,316	536	155	46	-185	-757	86	-29	37	-216	-832
Free Cash Flow to Firm	867	665	888	601	744	1,034	1,203	1,666	- -	2,250	1,680	1,679	1,863	- -	2,061
Free Cash Flow to Equity	240	634	4,289	674	1,284	1,980	1,816	5,000	921	415	1,309	2,907	1,846	981	1,387
Free Cash Flow per Basic Share	3.5	2.71	3.2	1.88	2.66	3.96	4.49	7.14	9.52	10.03	8.8	8.94	8.24	10.68	10.23
Price/Free Cash Flow	5.35	13.61	15.25	12.82	12.51	12.45	14.47	10.56	10.08	11.39	11.01	11.36	11.29	7.29	7.82
Cash Flow to Net Income	1.76	1.43	0.43	1.29	1.34	1.11	0.84	0.65	-216.19	1.4	-66.97	-38.83	1.61	-38.72	1.58
Capital Expenditures	-68	-62	-224	-719	-891	-907	-1,058	-886	-726	-865	-1,027	-1,035	-1,269	-1,214	-875