Vulcan Materials Company

VMC

VMCVulcan Materials Company US flag

New York Stock Exchange

279.70

USD

+4.77

- -

36.29BMarket 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	2,565	2,567	2,771	2,994	3,422	3,593	3,890	4,383	4,929	4,857	5,552	7,315	7,782	7,418	7,941
+ Sales & Services Revenue	2,565	2,567	2,771	2,994	3,422	3,593	3,890	4,383	4,929	4,857	5,552	7,315	7,782	7,418	7,941
- Cost of Revenue	2,281	2,233	2,344	2,407	2,565	2,604	2,897	3,282	3,673	3,575	4,179	5,758	5,833	5,418	5,766
+ Cost of Goods & Services	2,281	2,233	2,344	2,407	2,565	2,604	2,897	3,282	3,673	3,575	4,179	5,758	5,833	5,418	5,766
Gross Profit	284	334	427	588	858	989	994	1,101	1,256	1,282	1,373	1,558	1,948	2,000	2,175
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	302	308	274	291	318	338	372	368	402	390	478	549	569	601	607
+ Selling, General & Admin	290	259	259	272	287	317	325	333	370	360	418	515	543	531	564
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	12	49	15	18	31	22	47	35	32	30	60	34	26	70	43
Operating Income (Loss)	-18	26	153	297	540	650	621	733	854	892	895	1,009	1,379	1,399	1,567
- Non-Operating (Income) Loss	136	146	156	-2	212	103	260	109	96	148	22	220	134	227	177
+ Interest Expense, Net	217	212	202	242	220	133	291	137	129	134	148	168	180	170	226
+ Interest Expense	221	213	203	243	221	134	296	138	130	136	149	169	196	191	240
- Interest Income	3	1	1	1	- -	1	4	1	1	2	2	1	16	21	13
+ Other Non-Op (Income) Loss	-81	-66	-45	-244	-8	-30	-31	-28	-33	14	-126	52	-45	56	-49
Pretax Income	-154	-120	-4	299	328	547	361	623	758	744	874	788	1,245	1,172	1,390
- Income Tax Expense (Benefit)	-78	-66	-24	92	95	125	-232	105	135	156	200	193	299	251	308
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-75	-54	21	207	233	422	593	518	622	588	674	595	946	921	1,083
- Net Extraordinary Losses (Gains)	-4	-1	-4	2	12	3	-8	2	5	4	2	20	14	10	7
+ Discontinued Operations	4	1	4	-2	-12	-3	8	-2	-5	-4	-3	-19	-11	-8	-4
+ Extraord. & Accounting Changes	-9	-3	-7	4	23	6	-16	4	10	7	6	39	25	18	12
Income (Loss) Incl. MI	-71	-53	24	205	221	419	601	516	618	584	671	575	932	911	1,075
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-2	-1	-1
Net Income, GAAP	-71	-53	24	205	221	419	601	516	618	584	671	576	933	912	1,077
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-71	-53	24	205	221	419	601	516	618	584	671	576	933	912	1,077
EBIT	-18	26	153	297	540	650	621	733	854	892	895	1,009	1,379	1,399	1,567
EBITDA	336	350	449	565	803	935	927	1,079	1,228	1,276	1,345	1,582	1,982	2,016	2,295
EBITDA Margin (%)	13.09	13.63	16.21	18.87	23.47	26.04	23.83	24.62	24.92	26.27	24.23	21.63	25.47	27.18	28.9
EBITA	-18	26	153	297	540	650	621	733	854	892	895	1,009	1,379	1,399	1,567
Gross Margin (%)	11.07	13.01	15.41	19.62	25.06	27.53	25.54	25.12	25.48	26.39	24.74	21.29	25.04	26.96	27.38
Operating Margin (%)	-0.69	1.01	5.51	9.92	15.78	18.11	15.97	16.72	17.32	18.36	16.13	13.79	17.72	18.86	19.74
Profit Margin (%)	-2.76	-2.05	0.88	6.84	6.46	11.68	15.45	11.77	12.53	12.03	12.08	7.87	11.99	12.29	13.56
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.76	0.04	0.04	0.22	0.4	0.8	1	1.12	1.24	1.36	1.48	1.6	1.72	1.85	1.97
Depreciation Expense	354	324	296	268	263	285	306	346	375	384	450	573	603	618	728
Basic Weighted Avg Shares	129	130	130	131	133	133	133	132	132	133	133	133	133	132	132
Basic EPS, GAAP	-0.55	-0.41	0.19	1.56	1.66	3.15	4.54	3.9	4.67	4.41	5.05	4.33	7.02	6.89	8.16
Basic EPS from Cont Ops	-0.58	-0.42	0.16	1.58	1.75	3.17	4.48	3.91	4.71	4.44	5.07	4.47	7.11	6.96	8.2
Diluted Weighted Avg Shares	129	130	131	133	135	136	135	134	133	133	134	134	134	133	133
Diluted EPS, GAAP	-0.55	-0.41	0.19	1.54	1.64	3.09	4.46	3.85	4.63	4.39	5.02	4.31	6.98	6.85	8.11
Diluted EPS from Cont Ops	-0.58	-0.42	0.16	1.56	1.72	3.11	4.4	3.87	4.67	4.41	5.05	4.45	7.07	6.92	8.16

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	863	985	951	920	1,085	1,137	1,180	1,079	1,379	2,277	1,697	1,902	2,525	2,266	2,568
+ Cash, Cash Equivalents & STI	156	275	194	141	284	259	142	40	272	1,197	235	161	931	560	183
+ Cash & Cash Equivalents	156	275	194	141	284	259	142	40	272	1,197	235	161	931	560	183
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	315	297	340	374	418	492	588	541	570	556	839	1,045	890	892	888
+ Accounts Receivable, Net	299	278	323	355	397	398	434	512	532	513	783	1,045	890	892	888
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	16	19	16	19	21	93	154	28	38	43	56	- -	- -	- -	- -
+ Inventories	328	335	345	322	347	346	384	429	458	449	521	579	616	682	680
+ Raw Materials	63	66	67	45	48	51	55	54	61	66	99	134	115	138	117
+ Work In Process	4	6	7	1	1	1	2	3	6	4	4	6	6	9	5
+ Finished Goods	261	263	271	275	298	294	328	373	392	378	418	439	494	535	558
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	65	77	74	84	35	41	66	69	79	75	102	116	88	132	816
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	7,366	7,142	7,308	7,121	7,217	7,334	8,325	8,753	9,269	9,410	11,986	12,333	12,021	14,839	14,132
+ Property, Plant & Equip, Net	3,418	3,159	3,312	3,072	3,156	3,261	3,919	4,237	4,724	4,849	6,238	6,624	6,729	8,988	8,670
+ Property, Plant & Equip	6,706	6,667	6,934	6,609	6,891	7,186	7,969	8,458	9,191	9,585	11,216	11,972	12,472	15,190	15,179
- Accumulated Depreciation	3,287	3,507	3,622	3,537	3,735	3,924	4,050	4,220	4,467	4,736	4,977	5,348	5,742	6,202	6,509
+ LT Investments & Receivables	29	42	42	42	41	39	35	45	61	34	34	32	31	31	34
+ LT Investments	29	42	42	42	41	39	35	45	61	34	34	32	31	31	34
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	3,919	3,940	3,953	4,007	4,020	4,034	4,371	4,471	4,485	4,526	5,714	5,677	5,260	5,820	5,429
+ Total Intangible Assets	3,784	3,779	3,779	3,853	3,861	3,864	4,186	4,261	4,259	4,296	5,446	5,392	4,992	5,671	5,270
+ Goodwill	3,087	3,087	3,082	3,095	3,095	3,095	3,122	3,165	3,167	3,172	3,697	3,690	3,532	3,788	3,781
+ Other Intangible Assets	698	693	698	758	767	769	1,064	1,095	1,091	1,124	1,749	1,702	1,461	1,883	1,489
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	135	161	174	154	159	170	185	210	226	231	268	285	268	149	159
Total Assets	8,229	8,127	8,259	8,041	8,302	8,471	9,505	9,832	10,649	11,687	13,683	14,235	14,546	17,105	16,700
+ Payables & Accruals	271	285	299	301	277	246	296	328	382	385	506	587	559	562	594
+ Accounts Payable	104	113	139	145	176	145	197	216	265	273	366	454	390	407	438
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	168	172	160	156	101	101	99	112	116	112	140	133	169	155	155
+ ST Debt	135	151	- -	150	- -	- -	41	133	- -	515	5	100	- -	400	- -
+ ST Borrowings	135	151	- -	150	- -	- -	41	133	- -	515	5	100	- -	400	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	1	- -	1	76	126	105	141	154	148	258	269	238	276	362
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	1	- -	1	76	126	105	141	154	148	258	269	238	276	362
Total Current Liabilities	406	436	299	452	353	372	443	603	536	1,048	769	957	798	1,239	956
+ LT Debt	2,681	2,526	2,522	1,835	1,980	1,983	2,813	2,779	3,172	3,172	4,517	4,424	4,385	5,428	4,884
+ LT Borrowings	2,681	2,526	2,522	1,835	1,980	1,983	2,813	2,779	2,784	2,772	3,875	3,875	3,877	4,907	4,362
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	388	400	642	548	507	521	523
+ Other LT Liabilities	1,351	1,403	1,500	1,578	1,514	1,544	1,280	1,247	1,319	1,440	1,828	1,902	1,856	2,295	2,311
+ Accrued Liabilities	762	753	944	928	905	921	675	770	836	880	1,173	1,233	1,174	1,474	1,489
+ Pension Liabilities	351	406	230	329	276	287	283	155	178	137	106	82	84	75	64
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	238	244	325	321	333	336	321	322	305	423	549	587	598	745	758
Total Noncurrent Liabilities	4,031	3,929	4,022	3,413	3,494	3,527	4,093	4,027	4,491	4,612	6,346	6,326	6,240	7,723	7,195
Total Liabilities	4,438	4,366	4,321	3,864	3,847	3,899	4,536	4,629	5,027	5,660	7,115	7,282	7,038	8,962	8,152
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	2,674	2,710	2,742	2,867	2,956	2,940	2,938	2,930	2,924	2,934	2,949	2,972	3,012	3,032	3,061
+ Common Stock	129	130	130	132	133	132	132	132	132	132	133	133	132	132	131
+ Additional Paid in Capital	2,545	2,580	2,612	2,735	2,823	2,808	2,806	2,798	2,791	2,802	2,816	2,839	2,880	2,900	2,930
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	1,334	1,277	1,296	1,472	1,619	1,772	2,180	2,445	2,896	3,274	3,748	4,111	4,615	5,214	5,590
+ Other Equity	-217	-226	-100	-162	-120	-139	-149	-172	-198	-181	-153	-155	-144	-127	-126
Equity Before Minority Interest	3,792	3,761	3,938	4,177	4,454	4,572	4,969	5,203	5,622	6,027	6,545	6,929	7,483	8,119	8,525
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	23	24	24	24	24
Total Equity	3,792	3,761	3,938	4,177	4,454	4,572	4,969	5,203	5,622	6,027	6,568	6,952	7,508	8,142	8,549
Total Liabilities & Equity	8,229	8,127	8,259	8,041	8,302	8,471	9,505	9,832	10,649	11,687	13,683	14,235	14,546	17,105	16,700
Shares Outstanding	129	130	130	132	133	132	132	132	132	133	133	133	132	132	131
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	388	400	642	548	507	521	523
Net Debt	2,660	2,402	2,329	1,844	1,696	1,724	2,713	2,872	2,513	2,090	3,645	3,814	2,947	4,748	4,179
Net Debt to Equity	70.14	63.85	59.13	44.14	38.09	37.7	54.6	55.21	44.7	34.68	55.5	54.86	39.25	58.31	48.88
Tangible Common Equity Ratio	0.17	-0.42	3.55	7.73	13.35	15.38	14.72	16.91	21.33	23.43	13.62	17.65	26.33	21.62	28.69
Current Ratio	2.12	2.26	3.18	2.04	3.07	3.05	2.66	1.79	2.58	2.17	2.21	1.99	3.17	1.83	2.69
Cash Conversion Cycle	79.8	77.45	72.9	70.1	65.1	66.48	63.76	61.95	59.02	58.01	57.55	54.77	56.49	61.01	57.26

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	-71	-53	24	205	221	419	601	516	618	584	670	576	935	913	1,078
+ Depreciation & Amortization	354	324	296	268	263	285	306	346	375	384	450	573	603	618	728
+ Non-Cash Items	-102	-53	96	-118	58	33	-93	-22	139	141	72	247	46	156	106
+ Stock-Based Compensation	18	17	22	24	18	21	27	25	32	33	35	41	63	53	63
+ Deferred Income Taxes	-94	-70	-35	18	3	34	-236	65	76	62	67	58	-43	-9	26
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5	68	28	87	- -
+ Other Non-Cash Adj	-27	-1	109	-161	37	-21	116	-112	31	46	-34	80	-2	26	17
+ Chg in Non-Cash Work Cap	-12	20	-60	-93	-23	-93	-169	-7	-147	-40	-180	-248	-47	-277	-99
+ (Inc) Dec in Accts Receiv	5	17	-42	-25	-42	-73	-82	63	-30	13	-42	-53	28	63	4
+ (Inc) Dec in Inventories	-7	-9	-8	-6	-21	2	-14	-35	-28	10	8	-50	-55	-27	-16
+ (Inc) Dec in Prepaid Assets	-1	- -	-1	-6	-5	3	-28	-2	6	3	-14	10	- -	- -	- -
+ Inc (Dec) in Accts Payable	-22	11	5	- -	53	23	11	52	17	-6	-24	-17	-6	-200	68
+ Inc (Dec) in Other	13	1	-14	-57	-8	-47	-56	-85	-112	-59	-109	-138	-15	-113	-155
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	169	238	356	261	520	645	645	833	984	1,070	1,012	1,148	1,537	1,410	1,813
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	14	81	18	26	8	23	16	22	23	12	216	39	95	55	24
+ Disp of Fixed Prod Assets	14	81	18	26	8	23	16	22	23	12	216	39	95	55	24
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-99	-93	-275	-225	-289	-350	-460	-469	-384	-362	-451	-613	-873	-604	-678
+ Acq of Fixed Prod Assets	-99	-93	-275	-225	-289	-350	-460	-469	-384	-362	-451	-613	-873	-604	-678
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	5	- -	4	31	-21	-161	-60	-134	-3	-26	- -	- -	-200	-69	-438
+ Increase in Capital Stock	5	- -	4	31	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	-21	-161	-60	-134	-3	-26	- -	- -	-200	-69	-438
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	64	21	-38	437	-27	-33	-822	-210	-42	-42	-1,639	-479	614	-2,266	114
+ Cash from Divestitures	75	21	52	721	- -	- -	287	11	2	1	- -	50	614	- -	127
+ Cash for Acq of Subs	-11	- -	-90	-284	-27	-33	-1,110	-221	-44	-43	-1,639	-529	- -	-2,266	-14
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	2	2	- -	- -	- -	2	-3	-13	-12	11	- -	- -	- -	- -	10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-19	10	-296	238	-309	-357	-1,269	-670	-416	-382	-1,874	-1,053	-164	-2,815	-529
+ Dividends Paid	-98	-5	-5	-29	-53	-106	-132	-148	-164	-180	-196	-213	-228	-244	-260
+ Net Cash From Debt	52	-270	-151	-1,253	-755	- -	-727	-801	-133	498	135	58	-131	1,436	-961
+ Cash From Debt	1,100	- -	156	93	841	3	2,205	1,590	367	750	1,600	1,911	716	2,008	- -
+ Repayments of Debt	-1,048	-270	-307	-1,346	-1,596	-3	-2,932	-2,391	-500	-252	-1,465	-1,852	-847	-572	-961
+ Other Financing Activities	- -	146	10	699	763	-37	1,423	818	-39	-58	-33	-21	-26	-66	-36
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-41	-129	-142	-552	-67	-305	503	-265	-338	235	-94	-175	-586	1,057	-1,695
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	108	120	-82	-52	144	-17	-121	-102	230	924	-956	-80	788	-348	-411
EBITDA	336	350	449	565	803	935	927	1,079	1,228	1,276	1,345	1,582	1,982	2,016	2,295
EBITDA Margin (%)	13.09	13.63	16.21	18.87	23.47	26.04	23.83	24.62	24.92	26.27	24.23	21.63	25.47	27.18	28.9
Free Cash Flow	70	145	81	36	230	294	185	364	600	708	561	536	664	806	1,135
Net Cash Paid for Acquisitions	-64	-21	38	-437	27	33	822	210	42	42	1,639	479	-614	2,266	-114
Free Cash Flow to Firm	- -	- -	- -	205	387	398	- -	478	707	816	676	663	813	956	1,322
Free Cash Flow to Equity	136	-44	-52	-1,190	-517	317	-526	-415	490	1,218	912	633	628	2,297	198
Free Cash Flow per Basic Share	0.54	1.12	0.62	0.28	1.73	2.21	1.4	2.75	4.54	5.34	4.22	4.03	4.99	6.09	8.6
Price/Free Cash Flow	19	20.35	12.36	17.99	15.86	17.08	15.68	10.16	14.04	13.79	18.94	13.29	12.6	17.01	15.2
Cash Flow to Net Income	-2.39	-4.53	14.62	1.27	2.35	1.54	1.07	1.61	1.59	1.83	1.51	1.99	1.65	1.55	1.68
Capital Expenditures	-99	-93	-275	-225	-289	-350	-460	-469	-384	-362	-451	-613	-873	-604	-678