United States Cellular Corporation

USM

USMUnited States Cellular Corporation US flag

New York Stock Exchange

77.01

USD

+2.76

- -

6.62BMarket Cap

Income Statement (USD)

API ChatGPT

	2010 Y	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
As of date	12/31/2010	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

Sales/Revenue/Turnover	4,178	4,343	4,452	3,919	3,893	4,031	3,990	3,890	3,967	4,022	4,037	4,122	4,169	3,906	3,770
+ Sales & Services Revenue	4,178	4,343	4,452	3,919	3,893	4,031	3,990	3,890	3,967	4,022	4,037	4,122	4,169	3,906	3,770
- Cost of Revenue	1,611	1,721	1,883	1,762	1,963	1,828	1,841	1,803	1,789	1,784	1,793	1,908	1,971	1,728	1,630
+ Cost of Goods & Services	1,611	1,721	1,883	1,762	1,963	1,828	1,841	1,803	1,789	1,784	1,793	1,908	1,971	1,728	1,630
Gross Profit	2,566	2,622	2,569	2,156	1,930	2,203	2,149	2,087	2,178	2,238	2,244	2,214	2,198	2,178	2,140
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	2,354	2,343	2,374	2,481	2,198	2,101	2,098	2,027	2,028	2,108	2,051	2,023	2,108	2,024	1,995
+ Selling, General & Admin	1,783	1,770	1,765	1,677	1,592	1,494	1,480	1,412	1,388	1,406	1,368	1,345	1,408	1,368	1,330
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	571	574	609	804	606	607	618	615	640	702	683	678	700	656	665
Operating Income (Loss)	212	279	196	-325	-268	102	51	60	150	130	193	191	90	154	145
- Non-Operating (Income) Loss	-29	-34	-9	-582	-209	-302	-31	332	-65	-55	-57	11	18	43	167
+ Interest Expense, Net	58	62	39	40	45	84	107	105	101	93	104	169	155	186	171
+ Interest Expense	62	66	42	44	57	86	113	113	116	110	112	175	163	196	183
- Interest Income	4	3	4	4	12	2	6	8	15	17	8	6	8	10	12
+ Other Non-Op (Income) Loss	-87	-96	-48	-622	-254	-386	-138	227	-166	-148	-161	-158	-137	-143	-4
Pretax Income	241	313	205	258	-59	404	82	-272	215	185	250	180	72	111	-22
- Income Tax Expense (Benefit)	82	114	64	113	-12	157	33	-287	51	52	17	20	37	53	10
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	159	199	141	145	-47	247	49	15	164	133	233	160	35	58	-32
- Net Extraordinary Losses (Gains)	46	47	60	9	-8	12	2	6	28	12	8	10	10	8	14
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	46	47	60	9	-8	12	2	6	28	12	8	10	10	8	14
Income (Loss) Incl. MI	113	151	81	136	-39	235	47	9	136	121	225	150	25	50	-46
- Minority Interest	-23	-24	-30	-4	4	-6	-1	-3	-14	-6	-4	-5	-5	-4	-7
Net Income, GAAP	136	175	111	140	-43	241	48	12	150	127	229	155	30	54	-39
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	136	175	111	140	-43	241	48	12	150	127	229	155	30	54	-39
EBIT	212	279	196	-325	-268	102	51	60	150	130	193	191	90	154	145
EBITDA	783	852	804	479	338	709	669	675	790	832	876	869	790	810	810
EBITDA Margin (%)	18.75	19.63	18.07	12.22	8.68	17.59	16.77	17.35	19.91	20.69	21.7	21.08	18.95	20.74	21.49
EBITA	212	279	196	-325	-268	102	51	60	150	130	193	191	90	154	145
Gross Margin (%)	61.43	60.37	57.71	55.03	49.58	54.65	53.86	53.65	54.9	55.64	55.59	53.71	52.72	55.76	56.76
Operating Margin (%)	5.08	6.42	4.4	-8.29	-6.88	2.53	1.28	1.54	3.78	3.23	4.78	4.63	2.16	3.94	3.85
Profit Margin (%)	3.26	4.03	2.49	3.57	-1.1	5.98	1.2	0.31	3.78	3.16	5.67	3.76	0.72	1.38	-1.03
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	5.74	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	571	574	609	804	606	607	618	615	640	702	683	678	700	656	665
Basic Weighted Avg Shares	86	85	85	84	84	84	85	85	86	86	86	86	85	85	86
Basic EPS, GAAP	1.58	2.06	1.31	1.67	-0.51	2.86	0.56	0.14	1.74	1.48	2.66	1.8	0.35	0.64	-0.45
Basic EPS from Cont Ops	1.85	2.34	1.67	1.72	-0.56	2.93	0.58	0.18	1.91	1.55	2.71	1.86	0.41	0.68	-0.37
Diluted Weighted Avg Shares	87	85	85	85	84	85	85	86	87	88	87	87	86	87	86
Diluted EPS, GAAP	1.57	2.05	1.3	1.65	-0.51	2.84	0.56	0.14	1.72	1.44	2.63	1.78	0.35	0.62	-0.45
Diluted EPS from Cont Ops	1.84	2.33	1.66	1.71	-0.56	2.91	0.58	0.17	1.89	1.51	2.68	1.84	0.41	0.67	-0.37

Balance Sheet (USD)

API ChatGPT

	2010 Y	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
As of date	12/31/2010	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

Total Current Assets	1,092	1,293	1,196	1,401	1,279	1,672	1,558	1,483	1,812	1,573	2,623	1,605	1,723	1,400	1,345
+ Cash, Cash Equivalents & STI	424	551	479	392	212	715	586	402	597	285	1,274	156	273	150	144
+ Cash & Cash Equivalents	277	424	378	342	212	715	586	352	580	285	1,271	156	273	150	144
+ ST Investments	147	127	101	50	- -	- -	- -	50	17	- -	3	- -	- -	- -	- -
+ Accounts & Notes Receiv	465	517	447	587	557	672	727	843	991	1,056	1,123	1,169	1,076	958	955
+ Accounts Receivable, Net	369	341	349	467	466	608	658	775	908	919	915	976	985	900	905
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	97	175	97	119	91	64	69	68	83	137	208	193	91	58	50
+ Inventories	112	127	156	238	267	149	138	138	142	162	146	173	261	199	179
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	112	127	156	238	267	149	138	138	142	162	146	173	261	199	179
+ Other ST Assets	91	98	115	184	244	136	107	100	82	70	80	107	113	93	67
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	4,783	5,035	5,391	5,045	5,183	5,388	5,552	5,358	5,462	6,591	7,058	8,736	9,396	9,350	9,104
+ Property, Plant & Equip, Net	2,575	2,790	3,023	2,857	2,728	2,649	2,470	2,320	2,202	3,107	3,390	3,565	3,542	3,491	3,428
+ Property, Plant & Equip	6,341	7,008	7,478	7,718	7,459	7,669	7,712	7,628	7,778	9,193	9,709	10,015	10,252	10,475	9,313
- Accumulated Depreciation	3,766	4,218	4,456	4,861	4,731	5,020	5,242	5,308	5,576	6,086	6,319	6,450	6,710	6,984	5,885
+ LT Investments & Receivables	207	168	195	266	283	363	413	415	441	447	435	439	452	461	454
+ LT Investments	207	168	195	266	283	363	413	415	441	447	435	439	452	461	454
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	2,002	2,077	2,174	1,922	2,172	2,376	2,669	2,623	2,819	3,037	3,233	4,732	5,402	5,398	5,222
+ Total Intangible Assets	1,948	1,966	1,879	1,789	1,814	2,204	2,256	2,223	2,186	2,471	2,629	4,088	4,690	4,693	4,579
+ Goodwill	495	495	422	388	370	370	370	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	1,453	1,471	1,457	1,401	1,443	1,834	1,886	2,223	2,186	2,471	2,629	4,088	4,690	4,693	4,579
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	54	111	295	134	358	172	413	400	633	566	604	644	712	705	643
Total Assets	5,876	6,328	6,587	6,446	6,462	7,060	7,110	6,841	7,274	8,164	9,681	10,341	11,119	10,750	10,449
+ Payables & Accruals	380	350	357	491	353	313	360	366	343	334	435	393	391	280	272
+ Accounts Payable	264	304	311	406	307	275	309	302	304	296	377	346	344	241	232
+ Accrued Taxes	39	34	36	74	37	28	39	56	30	30	48	33	35	32	30
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	77	12	11	11	10	10	12	8	9	8	10	14	12	7	10
+ ST Debt	- -	- -	- -	- -	- -	11	11	18	19	113	118	132	146	155	163
+ ST Borrowings	- -	- -	- -	- -	- -	11	11	18	19	8	2	3	13	20	22
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	105	116	129	133	135	141
+ Other ST Liabilities	268	372	397	515	504	424	347	349	329	303	318	378	658	466	449
+ Deferred Revenue	146	181	192	257	288	251	190	185	157	148	151	191	239	229	238
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	122	191	205	259	216	173	157	164	172	155	167	187	419	237	211
Total Current Liabilities	648	722	755	1,006	857	748	718	733	691	750	871	903	1,195	901	884
+ LT Debt	868	880	879	878	1,127	1,629	1,618	1,622	1,605	2,367	3,364	3,617	4,030	3,875	3,659
+ LT Borrowings	868	880	879	878	1,127	1,629	1,618	1,622	1,605	1,502	2,489	2,728	3,187	3,044	2,837
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	865	875	889	843	831	822
+ Other LT Liabilities	818	1,048	1,158	1,151	1,165	1,111	1,128	798	900	826	1,010	1,247	1,312	1,320	1,298
+ Accrued Liabilities	818	1,047	1,138	1,151	1,144	1,111	1,128	798	899	826	1,009	1,247	1,312	1,320	1,298
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	1	20	- -	21	- -	- -	- -	1	- -	1	- -	- -	- -	- -
Total Noncurrent Liabilities	1,686	1,929	2,037	2,029	2,292	2,740	2,746	2,420	2,505	3,193	4,374	4,864	5,342	5,195	4,957
Total Liabilities	2,335	2,651	2,792	3,036	3,149	3,488	3,464	3,153	3,196	3,943	5,245	5,767	6,537	6,096	5,841
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1,457	1,475	1,501	1,513	1,561	1,585	1,610	1,640	1,678	1,717	1,739	1,766	1,791	1,814	1,871
+ Common Stock	88	88	88	88	88	88	88	88	88	88	88	88	88	88	88
+ Additional Paid in Capital	1,368	1,387	1,412	1,425	1,473	1,497	1,522	1,552	1,590	1,629	1,651	1,678	1,703	1,726	1,783
- Treasury Stock	106	153	166	165	169	157	136	120	65	70	67	68	98	80	112
+ Retained Earnings	2,136	2,297	2,399	2,043	1,910	2,133	2,160	2,157	2,444	2,550	2,739	2,849	2,861	2,892	2,818
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	3,486	3,620	3,734	3,391	3,302	3,561	3,634	3,677	4,057	4,197	4,411	4,547	4,554	4,626	4,577
+ Minority/Non Controlling Interest	54	57	62	19	12	11	12	11	21	24	25	27	28	28	31
Total Equity	3,541	3,677	3,796	3,410	3,314	3,572	3,646	3,688	4,078	4,221	4,436	4,574	4,582	4,654	4,608
Total Liabilities & Equity	5,876	6,328	6,587	6,446	6,462	7,060	7,110	6,841	7,274	8,164	9,681	10,341	11,119	10,750	10,449
Shares Outstanding	86	85	84	84	84	84	85	85	86	86	86	86	85	85	85
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	970	991	1,018	976	966	963
Net Debt	591	456	501	536	915	925	1,043	1,288	1,044	1,225	1,220	2,575	2,927	2,914	2,715
Net Debt to Equity	16.69	12.41	13.19	15.72	27.62	25.9	28.61	34.92	25.6	29.02	27.5	56.3	63.88	62.61	58.92
Tangible Common Equity Ratio	40.56	39.23	40.71	34.82	32.27	28.17	28.64	31.72	37.19	30.74	25.62	7.77	-1.68	-0.64	0.49
Current Ratio	1.68	1.79	1.58	1.39	1.49	2.24	2.17	2.02	2.62	2.1	3.01	1.78	1.44	1.55	1.52
Cash Conversion Cycle	-2.91	-4.48	-2.94	7.95	25.45	28.07	28.12	33.32	44.31	53.3	45.14	46.05	64.87	72.57	76.08

Cash Flow Statement (USD)

API ChatGPT

	2010 Y	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
As of date	12/31/2010	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

+ Net Income	159	199	141	145	-47	247	49	15	164	133	233	160	35	58	-32
+ Depreciation & Amortization	571	574	609	804	606	607	618	615	640	702	683	678	700	656	665
+ Non-Cash Items	182	291	174	-455	39	-137	84	119	117	161	264	175	206	187	295
+ Stock-Based Compensation	18	20	21	16	22	25	26	30	37	41	32	27	24	23	55
+ Deferred Income Taxes	74	203	49	-75	58	55	6	-365	-3	-4	130	41	33	47	-27
+ Asset Impairment Charge	76	62	67	99	101	106	96	459	95	107	72	56	135	104	233
+ Other Non-Cash Adj	14	5	36	-495	-142	-323	-44	-5	-12	17	30	51	14	13	34
+ Chg in Non-Cash Work Cap	-78	-75	-24	-202	-426	-162	-250	-280	-212	-272	57	-211	-109	-35	-45
+ (Inc) Dec in Accts Receiv	-75	-82	-65	-292	-176	-230	-269	-329	-188	-143	-62	-143	-258	-3	-48
+ (Inc) Dec in Inventories	40	-15	-29	-82	-29	118	8	- -	-4	-20	16	-27	-88	62	21
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-126	-10	67	116	-196	43	88	12	-36	-92	88	-98	133	-85	-23
+ Inc (Dec) in Other	84	32	3	57	-25	-93	-77	37	16	-17	15	57	104	-9	5
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	834	988	899	291	172	555	501	469	709	724	1,237	802	832	866	883
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-586	-796	-949	-734	-643	-867	-496	-654	-522	-921	-1,190	-2,046	-1,187	-738	-557
+ Acq of Fixed Prod Assets	-569	-772	-826	-718	-605	-581	-443	-465	-512	-650	-989	-724	-602	-608	-537
+ Acq of Intangible Assets	-17	-24	-123	-17	-38	-286	-53	-189	-10	-271	-201	-1,322	-585	-130	-20
+ Cash (Repurchase) of Equity	-52	-60	-20	-13	-18	-4	1	1	18	-21	-23	-31	-43	- -	-54
+ Increase in Capital Stock	1	2	- -	6	1	2	6	1	18	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-53	-62	-20	-19	-19	-6	-5	- -	- -	-21	-23	-31	-43	- -	-54
+ Net Change in LT Investment	-190	35	5	100	50	- -	- -	-50	33	18	-2	3	- -	- -	- -
+ Dec in LT Investment	60	145	125	100	50	- -	- -	- -	50	29	1	3	- -	- -	- -
+ Inc in LT Investment	-250	-110	-120	- -	- -	- -	- -	-50	-17	-11	-3	- -	- -	- -	- -
+ Net Cash From Acq & Div	-17	-24	50	811	180	317	21	21	24	41	26	3	8	- -	- -
+ Cash from Divestitures	- -	- -	50	811	180	317	21	21	24	41	26	3	8	- -	- -
+ Cash for Acq of Subs	-17	-24	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	16	24	-2	-4	-58	- -	-143	- -	1	-2	3	4	- -	17	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-777	-760	-897	173	-471	-550	-618	-683	-464	-864	-1,163	-2,036	-1,179	-721	-556
+ Dividends Paid	- -	- -	- -	-482	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	12	- -	- -	275	525	-11	-14	-19	-116	1,017	224	531	-198	-208
+ Cash From Debt	- -	342	- -	- -	425	525	- -	- -	- -	- -	1,125	1,342	910	315	40
+ Repayments of Debt	- -	-330	- -	- -	-150	- -	-11	-14	-19	-116	-108	-1,118	-379	-513	-248
+ Other Financing Activities	-31	-32	-28	-4	-88	-24	-2	-7	-13	-15	-68	-51	-32	-76	-85
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-83	-81	-48	-500	169	497	-12	-20	-14	-152	926	142	456	-274	-347
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-26	147	-46	-36	-130	502	-129	-234	231	-292	1,000	-1,092	109	-129	-20
EBITDA	783	852	804	479	338	709	669	675	790	832	876	869	790	810	810
EBITDA Margin (%)	18.75	19.63	18.07	12.22	8.68	17.59	16.77	17.35	19.91	20.69	21.7	21.08	18.95	20.74	21.49
Free Cash Flow	248	192	-50	-444	-471	-312	5	-185	187	-197	47	-1,244	-355	128	326
Net Cash Paid for Acquisitions	17	24	-50	-811	-180	-317	-21	-21	-24	-41	-26	-3	-8	- -	- -
Free Cash Flow to Firm	289	234	-21	-419	- -	-259	73	- -	275	-118	151	-1,088	-276	230	- -
Free Cash Flow to Equity	265	228	73	-427	-158	499	47	-10	178	-42	1,265	302	761	60	138
Free Cash Flow per Basic Share	2.88	2.27	-0.59	-5.28	-5.59	-3.7	0.06	-2.18	2.17	-2.29	0.55	-14.47	-4.18	1.51	3.79
Price/Free Cash Flow	2.61	1.79	1.39	3.46	4.12	2.44	3.73	2.88	3.67	1.94	1.1	0.96	0.89	2.25	3.75
Cash Flow to Net Income	6.13	5.64	8.1	2.08	-4	2.3	10.44	39.08	4.73	5.7	5.4	5.17	27.73	16.04	-22.64
Capital Expenditures	-586	-796	-949	-734	-643	-867	-496	-654	-522	-921	-1,190	-2,046	-1,187	-738	-557