Molson Coors Beverage Company

TAP

TAPMolson Coors Beverage Company US flag

New York Stock Exchange

38.86

USD

-0.92

- -

7.29BMarket 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	3,516	3,916	4,206	4,146	3,568	4,885	11,003	10,770	10,579	9,654	10,280	10,701	11,702	11,627	11,141
+ Sales & Services Revenue	3,516	3,916	4,206	4,146	3,568	4,885	11,003	10,770	10,579	9,654	10,280	10,701	11,702	11,627	11,141
- Cost of Revenue	2,049	2,352	2,546	2,493	2,132	2,999	6,237	6,585	6,378	5,886	6,226	7,046	7,333	7,094	6,866
+ Cost of Goods & Services	2,049	2,352	2,546	2,493	2,132	2,999	6,237	6,585	6,378	5,886	6,226	7,046	7,333	7,094	6,866
Gross Profit	1,467	1,564	1,660	1,653	1,436	1,886	4,766	4,185	4,201	3,768	4,053	3,655	4,369	4,533	4,275
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	1,019	1,126	1,194	1,164	1,038	1,597	3,052	2,803	2,728	2,437	2,554	2,619	2,780	2,718	2,644
+ Selling, General & Admin	1,019	1,126	1,194	1,164	1,038	1,597	3,052	2,803	2,728	2,437	2,554	2,619	2,780	2,718	2,644
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	448	438	467	489	398	289	1,714	1,382	1,473	1,331	1,499	1,036	1,589	1,816	1,631
- Non-Operating (Income) Loss	-327	-154	-188	-97	-58	-2,765	331	22	993	1,975	260	1,099	336	313	4,149
+ Interest Expense, Net	108	185	170	134	112	244	343	298	273	271	258	246	209	247	227
+ Interest Expense	119	196	184	145	120	272	349	306	281	275	260	251	234	283	248
- Interest Income	11	11	14	11	8	27	6	8	8	3	2	4	25	35	21
+ Other Non-Op (Income) Loss	-435	-339	-358	-231	-170	-3,010	-12	-276	721	1,704	2	853	128	66	3,921
Pretax Income	774	592	654	586	456	3,054	1,383	1,360	480	-644	1,239	-62	1,252	1,503	-2,518
- Income Tax Expense (Benefit)	99	154	84	69	62	1,454	-205	225	234	302	230	124	296	345	-338
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	675	438	570	517	395	1,600	1,588	1,135	246	-946	1,008	-186	956	1,158	-2,180
- Net Extraordinary Losses (Gains)	-1	-9	8	7	3	12	44	36	9	7	6	-22	15	71	-81
+ Discontinued Operations	2	2	2	- -	4	-3	2	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-3	-11	6	7	-1	15	43	36	9	7	6	-22	15	71	-81
Income (Loss) Incl. MI	676	447	562	510	392	1,588	1,543	1,098	237	-952	1,003	-164	941	1,087	-2,099
- Minority Interest	-1	4	-5	-4	-3	-6	-22	-18	-4	-3	-3	11	-8	-35	41
Net Income, GAAP	676	443	567	514	395	1,594	1,566	1,116	242	-949	1,006	-175	949	1,122	-2,140
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	676	443	567	514	395	1,594	1,566	1,116	242	-949	1,006	-175	949	1,122	-2,140
EBIT	448	438	467	489	398	289	1,714	1,382	1,473	1,331	1,499	1,036	1,589	1,816	1,631
EBITDA	665	711	787	802	712	677	2,527	2,240	2,332	2,253	2,285	1,721	2,280	2,587	2,356
EBITDA Margin (%)	18.91	18.14	18.72	19.34	19.96	13.86	22.97	20.8	22.04	23.34	22.23	16.08	19.48	22.25	21.15
EBITA	448	438	467	489	398	289	1,714	1,382	1,473	1,331	1,499	1,036	1,589	1,816	1,631
Gross Margin (%)	41.72	39.93	39.48	39.87	40.25	38.61	43.32	38.86	39.71	39.03	39.43	34.16	37.33	38.99	38.37
Operating Margin (%)	12.73	11.18	11.1	11.8	11.15	5.91	15.58	12.83	13.93	13.79	14.58	9.69	13.58	15.62	14.64
Profit Margin (%)	19.24	11.31	13.49	12.4	11.08	32.63	14.23	10.37	2.28	-9.83	9.78	-1.64	8.11	9.65	-19.21
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	1.23	1.28	1.28	1.48	1.64	1.66	1.64	1.64	1.96	0.58	0.68	1.52	1.64	1.77	1.89
Depreciation Expense	217	273	320	313	314	388	813	858	859	922	786	685	691	771	726
Basic Weighted Avg Shares	185	181	183	185	185	212	215	216	217	217	217	217	216	209	199
Basic EPS, GAAP	3.66	2.45	3.1	2.78	2.13	7.52	7.27	5.17	1.12	-4.38	4.63	-0.81	4.39	5.38	-10.75
Basic EPS from Cont Ops	3.65	2.42	3.12	2.8	2.13	7.55	7.37	5.25	1.14	-4.36	4.65	-0.86	4.43	5.54	-10.95
Diluted Weighted Avg Shares	186	182	184	186	186	213	216	217	217	217	218	217	217	210	199
Diluted EPS, GAAP	3.63	2.44	3.08	2.76	2.12	7.47	7.23	5.15	1.11	-4.38	4.62	-0.81	4.37	5.35	-10.75
Diluted EPS from Cont Ops	3.62	2.41	3.1	2.78	2.12	7.5	7.33	5.24	1.14	-4.36	4.63	-0.86	4.4	5.52	-10.95

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	2,118	1,748	1,538	1,577	1,259	2,170	2,190	2,766	2,184	2,419	2,779	2,638	2,848	2,848	2,936
+ Cash, Cash Equivalents & STI	1,079	624	442	625	431	561	419	1,058	523	770	637	600	869	969	896
+ Cash & Cash Equivalents	1,079	624	442	625	431	561	419	1,058	523	770	637	600	869	969	896
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	726	753	728	622	526	805	902	871	820	687	879	866	879	843	890
+ Accounts Receivable, Net	530	608	573	489	408	654	728	736	706	550	679	740	758	693	703
+ Notes Receivable, Net	137	93	124	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	59	52	31	133	118	151	174	135	114	138	200	126	122	150	187
+ Inventories	229	242	235	226	179	593	592	592	616	664	805	793	802	728	716
+ Raw Materials	64	72	66	58	19	238	232	224	227	242	271	290	275	261	235
+ Work In Process	15	20	23	21	13	82	85	83	84	73	72	72	97	84	83
+ Finished Goods	141	140	133	135	139	214	222	230	237	267	352	269	246	246	267
+ Inventory Adjustments	-6	-7	-7	-5	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	15	17	19	17	14	59	52	54	68	83	110	162	184	137	132
+ Other ST Assets	84	128	132	105	123	211	278	246	225	297	457	379	298	308	433
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	10,306	14,464	14,042	12,403	11,018	27,172	28,057	27,344	26,675	24,912	24,840	23,230	23,527	23,216	19,803
+ Property, Plant & Equip, Net	1,430	1,996	1,970	1,798	1,591	4,507	4,674	4,608	4,546	4,250	4,192	4,223	4,444	4,460	4,769
+ Property, Plant & Equip	2,450	3,220	3,429	3,141	2,981	6,007	6,770	7,167	7,551	7,667	7,700	7,885	8,546	8,852	9,748
- Accumulated Depreciation	1,020	1,225	1,459	1,343	1,390	1,499	2,097	2,559	3,005	3,416	3,507	3,662	4,102	4,392	4,980
+ LT Investments & Receivables	2,488	2,432	2,506	2,389	2,441	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	2,488	2,432	2,506	2,389	2,441	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	6,388	10,036	9,566	8,216	6,986	22,664	23,384	22,735	22,129	20,662	20,648	19,008	19,082	18,756	15,034
+ Total Intangible Assets	6,039	9,688	9,244	7,947	6,729	22,282	22,702	22,037	21,287	19,707	19,439	18,092	17,940	17,778	13,936
+ Goodwill	1,453	2,453	2,419	2,192	1,983	8,250	8,406	8,261	7,631	6,151	6,153	5,292	5,325	5,582	1,945
+ Other Intangible Assets	4,586	7,235	6,825	5,756	4,746	14,032	14,296	13,776	13,656	13,556	13,287	12,800	12,615	12,195	11,991
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	348	349	322	269	257	382	682	698	842	955	1,208	916	1,142	978	1,098
Total Assets	12,424	16,212	15,580	13,980	12,276	29,342	30,247	30,110	28,860	27,331	27,619	25,868	26,375	26,064	22,738
+ Payables & Accruals	688	844	980	988	883	1,858	2,070	2,094	2,072	2,092	2,432	2,396	2,488	2,369	2,320
+ Accounts Payable	268	490	600	618	560	1,298	1,569	1,617	1,687	1,733	2,098	2,068	1,981	1,875	1,823
+ Accrued Taxes	246	212	217	215	202	317	293	244	278	258	243	240	255	242	235
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	173	142	164	154	122	244	208	233	107	101	91	88	252	252	262
+ ST Debt	47	1,246	587	849	29	685	715	1,594	975	1,067	560	442	959	79	2,487
+ ST Borrowings	47	1,246	587	849	29	685	715	1,594	928	1,020	515	397	912	32	2,434
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	47	47	45	45	47	47	53
+ Other ST Liabilities	542	509	595	488	306	614	615	613	649	751	630	538	646	597	504
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	161	152	138	165	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	381	356	457	324	306	614	615	613	649	751	630	538	646	597	504
Total Current Liabilities	1,277	2,599	2,161	2,325	1,217	3,158	3,399	4,301	3,696	3,910	3,622	3,375	4,093	3,045	5,311
+ LT Debt	1,915	3,422	3,213	2,321	2,909	11,388	10,599	8,894	8,110	7,208	6,647	6,165	5,312	6,114	3,865
+ LT Borrowings	1,915	3,422	3,213	2,321	2,909	11,388	10,599	8,894	8,110	7,208	6,647	6,165	5,312	6,114	3,865
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	1,542	2,199	1,576	1,448	1,087	3,175	3,062	3,179	3,382	3,592	3,686	3,412	3,535	3,452	3,020
+ Accrued Liabilities	456	948	911	784	800	1,699	1,896	2,129	2,259	2,382	2,705	2,646	2,697	2,733	2,285
+ Pension Liabilities	698	833	463	543	202	1,196	848	727	717	763	654	473	466	417	427
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	388	418	202	121	86	280	317	324	406	447	326	293	372	302	308
Total Noncurrent Liabilities	3,456	5,622	4,789	3,769	3,996	14,562	13,660	12,073	11,491	10,800	10,333	9,578	8,847	9,566	6,885
Total Liabilities	4,734	8,221	6,950	6,094	5,213	17,720	17,060	16,374	15,187	14,710	13,955	12,953	12,940	12,612	12,196
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	4,409	4,460	4,572	4,643	4,713	7,317	7,351	7,436	7,436	7,460	7,493	7,524	7,564	7,598	7,617
+ Common Stock	837	836	824	772	713	681	663	663	662	522	522	518	455	374	370
+ Additional Paid in Capital	3,572	3,624	3,748	3,871	4,000	6,635	6,688	6,773	6,774	6,938	6,971	7,006	7,108	7,224	7,247
- Treasury Stock	321	321	321	321	471	471	471	471	471	471	471	523	736	1,381	2,039
+ Retained Earnings	3,690	3,900	4,200	4,440	4,496	6,145	6,958	7,693	7,617	6,544	7,402	6,894	7,484	8,238	5,724
+ Other Equity	-130	-72	155	-898	-1,695	-1,572	-860	-1,150	-1,162	-1,168	-1,006	-1,206	-1,116	-1,362	-1,072
Equity Before Minority Interest	7,648	7,967	8,605	7,863	7,043	11,419	12,978	13,507	13,419	12,365	13,417	12,690	13,196	13,092	10,230
+ Minority/Non Controlling Interest	42	25	25	23	20	203	209	228	254	256	247	226	239	360	312
Total Equity	7,690	7,992	8,630	7,886	7,063	11,622	13,187	13,736	13,673	12,621	13,664	12,915	13,435	13,453	10,543
Total Liabilities & Equity	12,424	16,212	15,580	13,980	12,276	29,342	30,247	30,110	28,860	27,331	27,619	25,868	26,375	26,064	22,738
Shares Outstanding	180	182	184	186	184	215	215	216	216	217	217	216	213	203	191
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	47	47	45	45	47	47	53
Net Debt	883	4,044	3,358	2,546	2,506	11,512	10,895	9,430	8,514	7,458	6,525	5,962	5,355	5,177	5,403
Net Debt to Equity	11.48	50.6	38.91	32.28	35.49	99.05	82.62	68.66	62.27	59.09	47.75	46.16	39.86	38.48	51.25
Tangible Common Equity Ratio	25.86	-26	-9.69	-1.02	6.02	-151.01	-126.11	-102.83	-100.55	-92.94	-70.61	-66.57	-53.4	-52.19	-38.55
Current Ratio	1.66	0.67	0.71	0.68	1.03	0.69	0.64	0.64	0.59	0.62	0.77	0.78	0.7	0.94	0.55
Cash Conversion Cycle	54.98	31.07	7.08	-8.96	-22.5	-12.66	-26.3	-30.67	-34.74	-41.74	-44.94	-42.52	-37.58	-38.11	-37.21

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	677	439	572	518	398	1,600	1,588	1,135	246	-946	1,008	-186	956	1,158	-2,180
+ Depreciation & Amortization	217	273	320	313	314	388	813	858	859	922	786	685	691	771	726
+ Non-Cash Items	107	207	112	400	-21	-1,049	-550	493	820	1,643	-185	1,187	359	171	3,386
+ Stock-Based Compensation	25	14	20	24	18	30	58	43	8	24	32	34	45	43	35
+ Deferred Income Taxes	39	72	84	69	62	1,454	-205	225	234	302	230	124	296	345	-338
+ Asset Impairment Charge	9	- -	- -	- -	- -	- -	- -	- -	- -	1,484	- -	845	- -	- -	3,646
+ Other Non-Cash Adj	35	121	9	308	-101	-2,533	-403	226	578	-167	-448	184	18	-217	43
+ Chg in Non-Cash Work Cap	-131	66	165	57	28	185	17	-154	-28	76	-36	-183	72	-189	-147
+ (Inc) Dec in Accts Receiv	-29	106	70	22	61	66	-7	-38	38	161	-138	-108	-1	40	48
+ (Inc) Dec in Inventories	-17	54	4	-16	11	-23	21	-11	-18	-46	-144	-65	22	55	65
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-3	-70	185	75	-111	145	31	28	-53	-50	286	-16	50	-234	-285
+ Inc (Dec) in Other	-82	-24	-95	-24	67	-3	-28	-133	4	12	-40	6	1	-50	25
+ Net Cash From Disc Ops	-2	-2	-2	- -	-4	3	-2	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	868	984	1,168	1,288	716	1,127	1,866	2,331	1,897	1,696	1,574	1,502	2,079	1,910	1,784
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	5	16	54	9	12	174	60	32	116	159	26	32	11	24	16
+ Disp of Fixed Prod Assets	5	16	54	9	12	174	60	32	116	159	26	32	11	24	16
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-235	-222	-294	-260	-275	-342	-600	-652	-594	-575	-523	-661	-672	-674	-717
+ Acq of Fixed Prod Assets	-235	-222	-294	-260	-275	-342	-600	-652	-594	-575	-523	-661	-672	-674	-717
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-321	- -	- -	- -	-150	2,526	- -	- -	- -	- -	- -	-52	-206	-643	-648
+ Increase in Capital Stock	- -	- -	- -	- -	- -	2,526	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-321	- -	- -	- -	-150	- -	- -	- -	- -	- -	- -	-52	-206	-643	-648
+ Net Change in LT Investment	15	-111	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	15	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	-111	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-142	-2,325	-40	-6	-93	-12,128	- -	- -	- -	- -	- -	- -	-64	-9	-22
+ Cash from Divestitures	783	942	1,146	1,382	1,441	1,087	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-925	-3,267	-1,186	-1,388	-1,534	-13,215	- -	- -	- -	- -	- -	- -	-64	-9	-22
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	19	7	4	17	21	8	1	-50	45	2	-13	4	-117	10	-99
+ Net Cash From Disc Ops	- -	-7	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-338	-2,635	-277	-239	-335	-12,287	-538	-669	-433	-414	-510	-625	-842	-648	-822
+ Dividends Paid	-228	-232	-235	-274	-303	-353	-353	-354	-424	-125	-148	-329	-355	-369	-376
+ Net Cash From Debt	-20	1,446	-803	-516	2	9,237	-1,464	-320	-1,583	-917	-1,007	-502	-398	-20	-13
+ Cash From Debt	9	2,219	544	84	703	9,461	1,536	- -	3	2	- -	7	7	864	- -
+ Repayments of Debt	-29	-773	-1,347	-600	-701	-224	-3,000	-320	-1,586	-919	-1,007	-509	-405	-884	-13
+ Other Financing Activities	-95	-42	-21	-28	-80	-92	321	-335	1	-28	-18	-7	-23	-106	-20
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-665	1,171	-1,059	-817	-532	11,318	-1,496	-1,009	-2,007	-1,070	-1,172	-890	-981	-1,138	-1,057
Effect of Foreign Exchange Rates	-4	25	-14	-49	-43	-28	26	-14	8	35	-24	-25	13	-24	22
Net Changes in Cash	-135	-480	-168	231	-150	158	-168	653	-543	212	-109	-13	256	124	-94
EBITDA	665	711	787	802	712	677	2,527	2,240	2,332	2,253	2,285	1,721	2,280	2,587	2,356
EBITDA Margin (%)	18.91	18.14	18.72	19.34	19.96	13.86	22.97	20.8	22.04	23.34	22.23	16.08	19.48	22.25	21.15
Free Cash Flow	633	761	874	1,028	441	785	1,267	1,680	1,304	1,121	1,051	841	1,408	1,236	1,068
Net Cash Paid for Acquisitions	142	2,325	40	6	93	12,128	- -	- -	- -	- -	- -	- -	64	9	22
Free Cash Flow to Firm	736	906	1,035	1,156	545	927	- -	1,935	1,448	- -	1,263	- -	1,586	1,454	- -
Free Cash Flow to Equity	617	2,223	125	521	455	10,196	-137	1,392	-164	362	70	371	1,021	1,241	1,071
Free Cash Flow per Basic Share	3.42	4.21	4.78	5.56	2.38	3.7	5.88	7.78	6.02	5.17	4.84	3.88	6.52	5.92	5.36
Price/Free Cash Flow	7.35	6.45	7.07	8.96	17.67	14.14	7.21	4.08	4.69	4.31	4.81	5.17	4.84	4.66	3.72
Cash Flow to Net Income	1.28	2.22	2.06	2.51	1.81	0.71	1.19	2.09	7.85	-1.79	1.56	-8.57	2.19	1.7	-0.83
Capital Expenditures	-235	-222	-294	-260	-275	-342	-600	-652	-594	-575	-523	-661	-672	-674	-717