Valley National Bancorp

VLYPN

VLYPNValley National Bancorp US flag

NASDAQ Global Select

26.17

USD

+0.04

- -

14.50BMarket Cap

Income Statement (USD)

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
Sales/Revenue/Turnover	587	611	576	552	634	721	772	991	1,113	1,301	1,365	1,862	1,880	1,843	2,026
+ Sales & Services Revenue	587	611	576	552	634	721	772	991	1,113	1,301	1,365	1,862	1,880	1,843	2,026
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	197	221	211	208	239	263	283	362	344	350	390	550	591	609	623
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-197	-221	-211	-208	-239	-263	-283	-362	-344	-350	-390	-550	-591	-609	-623
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-195	-210	-179	-147	-127	-233	-253	-330	-457	-530	-641	-781	-678	-439	-744
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-195	-210	-179	-147	-127	-233	-253	-330	-457	-530	-641	-781	-678	-439	-744
Pretax Income	195	210	179	147	127	233	253	330	457	530	641	781	678	439	744
- Income Tax Expense (Benefit)	63	67	47	31	24	65	91	68	147	139	167	212	180	58	146
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	133	144	132	116	103	168	162	261	310	391	474	569	499	380	598
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	133	144	132	116	103	168	162	261	310	391	474	569	499	380	598
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	133	144	132	116	103	168	162	261	310	391	474	569	499	380	598
- Preferred Dividends	- -	- -	- -	- -	4	7	9	13	13	13	13	13	16	21	29
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	133	144	132	116	99	161	152	249	297	378	461	556	482	359	569
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	26	28	28	29	30	36	35	46	71	82	51	79	83	79	69
EBITDA Margin (%)	4.38	4.63	4.85	5.32	4.77	4.96	4.52	4.64	6.42	6.32	3.73	4.27	4.43	4.28	3.39
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	22.57	23.51	22.9	21.03	16.24	23.31	20.98	26.37	27.84	30.02	34.71	30.55	26.52	20.64	29.52
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	26	28	28	29	30	36	35	46	71	82	51	79	83	79	69
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Balance Sheet (USD)

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
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	946	1,661	1,199	1,717	1,921	1,690	1,910	2,178	2,001	2,669	3,179	2,209	2,188	5,260	1,634
+ Cash & Cash Equivalents	379	853	369	830	414	393	416	429	435	1,329	2,050	948	891	1,890	1,584
+ ST Investments	567	808	830	887	1,507	1,297	1,494	1,750	1,567	1,339	1,129	1,261	1,297	3,370	51
+ Accounts & Notes Receiv	127	97	87	57	64	67	74	95	106	106	97	197	245	240	244
+ Accounts Receivable, Net	53	52	54	57	64	67	74	95	106	106	97	197	245	240	244
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	74	45	33	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-1,072	-1,758	-1,286	-1,775	-1,984	-1,757	-1,984	-2,273	-2,107	-2,775	-3,276	-2,406	-2,433	-5,500	-1,878
+ 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	265	279	270	283	299	291	288	342	620	572	585	665	725	679	645
+ Property, Plant & Equip	488	518	528	559	587	602	622	685	959	929	966	1,072	960	950	939
- Accumulated Depreciation	223	240	258	276	288	311	334	344	339	357	381	407	236	270	295
+ LT Investments & Receivables	2,547	2,430	2,576	2,680	3,103	3,223	3,337	3,818	3,944	3,540	3,871	5,151	5,104	6,973	7,781
+ LT Investments	2,547	2,430	2,576	2,680	3,103	3,223	3,337	3,818	3,944	3,540	3,871	5,151	5,104	6,973	7,781
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-2,813	-2,708	-2,846	-2,963	-3,402	-3,514	-3,624	-4,159	-4,564	-4,112	-4,456	-5,816	-5,829	-7,652	-8,425
+ Total Intangible Assets	339	459	464	615	735	736	733	1,162	1,460	1,453	1,529	2,066	2,029	1,998	1,970
+ Goodwill	318	428	428	576	686	691	691	1,085	1,374	1,382	1,459	1,869	1,869	1,869	1,869
+ Other Intangible Assets	21	31	36	39	49	45	43	77	87	70	70	197	160	129	101
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-3,152	-3,168	-3,310	-3,577	-4,137	-4,250	-4,357	-5,321	-6,024	-5,565	-5,986	-7,882	-7,858	-9,650	-10,395
Total Assets	14,253	16,013	16,157	18,792	21,613	22,864	24,002	31,863	37,436	40,686	43,446	57,463	60,935	62,492	64,133
+ Payables & Accruals	194	203	176	178	223	200	209	228	285	382	311	1,328	1,284	- -	- -
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	194	203	176	178	223	200	209	228	285	382	311	1,328	1,284	- -	- -
+ ST Debt	- -	- -	- -	- -	526	782	427	1,732	940	1,000	500	24	850	- -	- -
+ ST Borrowings	- -	- -	- -	- -	526	782	427	1,732	940	1,000	500	24	850	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-194	-203	-176	-178	-749	-982	-636	-1,960	-1,225	-1,382	-811	-1,352	-2,134	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-194	-203	-176	-178	-749	-982	-636	-1,960	-1,225	-1,382	-811	-1,352	-2,134	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	2,324	2,298	2,246	2,104	1,545	1,310	2,258	1,663	2,138	2,328	1,763	1,959	2,789	3,620	3,339
+ LT Borrowings	2,324	2,298	2,246	2,104	1,545	1,310	2,258	1,660	1,828	2,052	1,480	1,600	2,385	3,232	2,966
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	3	310	277	283	359	404	388	372
+ Other LT Liabilities	-2,324	-2,298	-2,246	-2,104	-1,545	-1,310	-2,258	-1,663	-2,138	-2,328	-1,763	-1,959	-2,789	-3,620	-3,339
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-2,324	-2,298	-2,246	-2,104	-1,545	-1,310	-2,258	-1,663	-2,138	-2,328	-1,763	-1,959	-2,789	-3,620	-3,339
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	12,998	14,510	14,616	16,929	19,406	20,487	21,469	28,513	33,052	36,094	38,362	51,062	54,234	55,057	56,325
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	112	112	210	210	210	210	210	210	210	354	354
+ Share Capital & APIC	1,239	1,460	1,473	1,775	2,016	2,137	2,153	2,913	3,764	3,779	4,032	5,158	5,168	5,638	5,662
+ Common Stock	60	69	70	81	89	92	93	116	141	142	148	178	178	196	197
+ Additional Paid in Capital	1,179	1,391	1,403	1,694	1,927	2,044	2,060	2,796	3,622	3,637	3,883	4,980	4,990	5,442	5,465
- Treasury Stock	- -	1	- -	- -	- -	2	- -	2	- -	- -	23	22	1	- -	47
+ Retained Earnings	79	93	106	131	125	173	217	300	444	611	884	1,218	1,471	1,598	1,913
+ Other Equity	-62	-51	-38	-42	-46	-42	-46	-69	-32	-8	-18	-164	-146	-155	-74
Equity Before Minority Interest	1,255	1,502	1,541	1,863	2,207	2,377	2,533	3,350	4,384	4,592	5,084	6,401	6,701	7,435	7,808
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	1,255	1,502	1,541	1,863	2,207	2,377	2,533	3,350	4,384	4,592	5,084	6,401	6,701	7,435	7,808
Total Liabilities & Equity	14,253	16,013	16,157	18,792	21,613	22,864	24,002	31,863	37,436	40,686	43,446	57,463	60,935	62,492	64,133
Shares Outstanding	179	198	200	232	254	264	264	331	403	404	421	506	508	559	557
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	3	310	277	283	359	404	388	372
Net Debt	1,945	1,445	1,877	1,273	1,657	1,700	2,268	2,963	2,333	1,723	-70	676	2,344	1,341	1,383
Net Debt to Equity	155.01	96.2	121.78	68.35	75.07	71.51	89.55	88.44	53.22	37.51	-1.37	10.56	34.98	18.04	17.71
Tangible Common Equity Ratio	6.58	6.71	6.86	6.87	6.52	6.91	6.83	6.45	7.54	7.47	7.98	7.45	7.58	8.4	8.82
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

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
+ Net Income	133	144	132	116	103	168	162	261	310	391	474	569	499	380	598
+ Depreciation & Amortization	26	28	28	29	30	36	35	46	71	82	51	79	83	79	69
+ Non-Cash Items	60	120	148	42	55	196	494	55	-7	-45	268	219	59	339	174
+ Stock-Based Compensation	3	5	6	7	8	10	12	19	15	16	21	29	33	29	27
+ Deferred Income Taxes	-16	28	30	11	16	27	77	-12	15	-5	27	7	-9	-6	11
+ Asset Impairment Charge	20	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	53	86	112	23	31	159	405	47	-37	-56	220	183	36	317	136
+ Chg in Non-Cash Work Cap	-27	32	-23	-4	-33	19	-72	-59	-112	-264	44	561	-263	-250	-497
+ (Inc) Dec in Accts Receiv	-3	5	-2	- -	-2	-3	-7	-9	1	-1	12	-74	-49	6	-4
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	10	-13	-4	-15	31	-24	- -	-8	58	58	-64	875	-6	-11	-616
+ Inc (Dec) in Other	-34	40	-17	11	-62	47	-65	-42	-172	-322	96	-240	-208	-244	122
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	191	323	285	184	155	419	619	304	262	164	837	1,428	378	549	344
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-16	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-16	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	8	8	7	3	6	109	6	-1	1	-3	-13	-24	-7	442	-55
+ Increase in Capital Stock	8	8	8	5	8	112	8	3	3	2	11	- -	4	451	18
+ Decrease in Capital Stock	- -	- -	-1	-2	-2	-3	-3	-4	-2	-5	-24	-24	-11	-9	-73
+ Net Change in LT Investment	259	395	-195	138	-137	-150	-134	-14	290	414	-345	-187	50	-1,893	-702
+ Dec in LT Investment	1,416	1,212	713	563	697	1,199	498	540	1,037	1,439	1,359	717	479	608	1,066
+ Inc in LT Investment	-1,156	-816	-908	-426	-834	-1,349	-632	-554	-747	-1,025	-1,703	-904	-429	-2,501	-1,767
+ Net Cash From Acq & Div	- -	118	- -	102	201	- -	- -	157	22	- -	322	322	- -	98	- -
+ Cash from Divestitures	- -	118	- -	102	201	- -	- -	157	22	- -	322	322	- -	98	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-441	-329	-591	-751	-1,765	-1,377	-1,414	-2,983	-1,210	-2,451	-1,058	-6,922	-3,399	1,085	-1,463
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-193	184	-786	-512	-1,700	-1,527	-1,548	-2,840	-897	-2,038	-1,081	-6,788	-3,350	-709	-2,164
+ Dividends Paid	-117	-126	-129	-88	-106	-119	-122	-155	-159	-191	-192	-219	-240	-250	-278
+ Net Cash From Debt	-186	-38	-43	-275	-807	-384	880	-751	28	159	-873	148	777	837	-278
+ Cash From Debt	- -	- -	125	- -	163	385	1,065	- -	950	838	296	148	1,252	1,002	210
+ Repayments of Debt	-186	-38	-168	-275	-970	-769	-185	-751	-922	-680	-1,168	- -	-475	-165	-488
+ Other Financing Activities	309	123	182	1,149	2,036	1,481	189	3,455	772	2,804	2,042	4,353	2,385	130	2,125
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	14	-33	17	789	1,129	1,087	952	2,548	641	2,769	964	4,257	2,915	1,160	1,514
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	13	474	-484	461	-417	-21	24	13	6	895	721	-1,102	-57	999	-307
EBITDA	26	28	28	29	30	36	35	46	71	82	51	79	83	79	69
EBITDA Margin (%)	4.38	4.63	4.85	5.32	4.77	4.96	4.52	4.64	6.42	6.32	3.73	4.27	4.43	4.28	3.39
Free Cash Flow	175	323	285	184	155	419	619	304	262	164	837	1,428	378	549	344
Net Cash Paid for Acquisitions	- -	-118	- -	-102	-201	- -	- -	-157	-22	- -	-322	-322	- -	-98	- -
Free Cash Flow to Firm	175	323	285	184	155	419	619	304	262	164	837	1,428	378	549	344
Free Cash Flow to Equity	-7	285	242	-91	-545	28	1,588	-459	277	309	-48	1,563	1,139	1,509	37
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow to Net Income	1.44	2.25	2.16	1.58	1.5	2.49	3.82	1.16	0.85	0.42	1.77	2.51	0.76	1.44	0.57
Capital Expenditures	-16	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -