Merck & Co., Inc.

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11	Dec-10	Dec-09	Dec-08	Dec-07	Dec-06
Total revenue	64.93	64.17	60.12	59.28	48.70	41.52	39.12	42.29	40.12	39.81	39.50	42.24	44.03	47.27	48.05	45.99	27.43	23.85	24.20	22.64
Cost of revenue	18.20	15.19	16.13	17.41	13.63	13.62	12.02	13.51	12.91	14.03	14.93	16.77	16.95	16.45	16.87	18.40	9.02	5.58	6.14	6.00
Gross profit	46.73	48.98	43.99	41.87	35.08	27.90	27.11	28.79	27.21	25.78	24.56	25.47	27.08	30.82	31.18	27.59	18.41	18.27	18.06	16.63
Total operating expenses +	23.25	28.75	41.04	23.59	21.88	22.35	19.18	19.85	20.41	20.28	17.02	18.79	19.41	20.94	22.20	24.24	14.39	12.18	12.44	12.95
Selling, general and administrative	10.61	7.70	7.58	7.47	7.40	6.77	8.72	8.00	0.24	0.26	10.31	11.61	11.91	12.78	13.73	13.25	8.54	7.38	7.56	8.17
Research and development	12.51	17.94	30.53	13.55	12.25	13.40	9.72	9.75	10.34	10.26	6.70	7.18	7.50	8.17	8.47	11.11	5.85	4.81	4.88	4.78
Other operating expenses	0.12	3.12	2.92	2.57	2.23	2.19	0.74	2.10	9.83	9.76	0.00	0.00	0.00	0.00	0.00	-0.12	0.00	0.00	0.00	0.00
Operating income	23.49	20.22	2.95	18.28	13.20	5.55	7.93	8.93	6.80	5.50	7.55	6.68	7.67	9.88	8.98	3.36	4.02	6.09	5.62	3.69
Non-operating income (net)	-2.42	-0.29	-1.07	-1.84	0.68	0.32	-0.76	-0.23	-0.28	-0.84	-2.15	10.60	-2.12	-1.14	-1.64	-1.70	11.27	3.85	-2.25	2.53
Income before tax	21.07	19.94	1.89	16.44	13.88	5.86	7.17	8.70	6.52	4.66	5.40	17.28	5.55	8.74	7.33	1.65	15.29	9.93	3.37	6.22
Income tax expense	2.80	2.80	1.51	1.92	1.52	1.34	1.57	2.51	4.10	0.72	0.94	5.35	1.03	2.44	0.94	0.67	2.27	2.00	0.10	1.79
Net income	18.25	17.12	0.37	14.52	13.05	7.07	9.84	6.22	2.39	3.92	4.44	11.92	4.40	6.17	6.27	0.86	12.90	7.81	3.28	4.43

Show Quarterly Income Statement

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14	Sep-14	Jun-14	Mar-14	Dec-13	Sep-13	Jun-13	Mar-13	Dec-12	Sep-12	Jun-12	Mar-12	Dec-11	Sep-11	Jun-11	Mar-11	Dec-10	Sep-10	Jun-10	Mar-10	Dec-09	Sep-09	Jun-09	Mar-09	Dec-08	Sep-08	Jun-08	Mar-08	Dec-07	Sep-07	Jun-07	Mar-07	Dec-06	Sep-06	Jun-06	Mar-06
Total revenue	16.29	16.32	17.18	15.80	15.62	15.62	16.66	16.11	15.78	14.63	15.96	15.04	14.49	13.83	14.96	14.59	15.90	13.52	13.15	11.40	10.63	12.52	10.93	9.35	12.06	11.87	12.40	11.76	10.82	11.00	10.79	10.47	10.04	10.43	10.33	9.93	9.43	10.12	10.54	9.84	9.31	10.22	10.07	9.79	9.43	10.48	10.56	10.93	10.26	11.32	11.03	11.01	10.67	11.74	11.49	12.31	11.73	12.29	12.02	12.15	11.58	12.09	11.13	11.35	11.42	10.09	6.05	5.90	5.39	6.03	5.94	6.05	5.82	6.24	6.07	6.11	5.77	6.04	5.41	5.77	5.41
Cost of revenue	2.94	4.82	4.19	3.85	3.89	3.83	4.08	3.75	3.54	3.91	4.26	4.02	3.93	3.88	3.93	4.22	5.38	3.87	3.45	3.10	3.20	5.53	3.01	2.75	3.31	3.67	3.99	3.40	3.05	3.29	3.62	3.42	3.18	3.41	3.31	3.12	3.05	3.33	3.41	3.58	3.57	3.85	3.76	3.75	3.57	3.75	4.22	4.89	3.90	4.61	4.10	4.28	3.96	4.16	4.14	4.11	4.04	4.18	4.35	4.28	4.06	4.44	4.19	4.55	5.22	4.90	1.43	1.35	1.33	1.47	1.48	1.40	1.24	1.54	1.52	1.55	1.53	1.67	1.54	1.45	1.34
Gross profit	13.34	11.51	12.99	11.95	11.73	11.80	12.58	12.37	12.24	10.72	11.70	11.01	10.56	9.95	11.03	10.38	10.52	9.65	9.70	8.30	7.43	6.98	7.92	6.61	8.75	8.20	8.41	8.36	7.76	7.71	7.18	7.05	6.85	7.03	7.02	6.81	6.39	6.78	7.13	6.27	5.74	6.37	6.31	6.03	5.86	6.73	6.33	6.04	6.36	6.71	6.93	6.73	6.71	7.58	7.35	8.20	7.69	8.12	7.67	7.87	7.52	7.65	6.93	6.80	6.21	5.19	4.62	4.55	4.05	4.56	4.47	4.66	4.58	4.70	4.56	4.56	4.24	4.38	3.87	4.33	4.07
Total operating expenses +	15.23	5.35	5.53	5.59	5.02	7.45	8.59	6.24	10.02	12.43	5.83	16.02	6.76	6.46	6.92	5.31	4.90	5.90	4.78	6.60	4.60	8.92	5.41	4.17	4.76	5.44	5.79	4.90	4.36	4.86	4.51	4.78	5.70	4.86	6.87	4.28	4.30	7.24	4.06	4.61	3.98	4.41	3.97	4.29	4.34	5.21	4.63	4.64	4.31	4.82	4.46	5.24	4.89	5.61	4.98	5.41	4.94	6.12	5.29	5.41	5.32	8.10	5.51	5.35	5.27	5.43	2.98	3.12	2.86	3.25	2.90	3.10	2.93	3.10	3.39	3.11	2.83	4.07	3.32	2.91	2.66
Selling, general and administrative	2.70	2.85	2.63	2.63	2.55	0.29	2.73	2.74	2.48	0.34	2.52	2.63	2.46	0.49	2.52	2.51	2.32	0.83	2.34	2.28	2.63	1.29	2.45	2.38	2.56	0.79	2.59	2.71	2.43	0.54	2.44	2.51	2.51	2.58	2.40	2.44	2.41	2.59	2.39	2.46	2.32	2.62	2.47	2.62	2.60	2.92	2.98	2.97	2.73	2.98	2.80	3.14	2.99	3.39	3.06	3.25	3.07	3.70	3.34	3.53	3.16	3.58	3.19	3.20	3.25	3.46	1.73	1.73	1.63	1.86	1.73	1.93	1.85	1.72	1.95	2.08	1.80	2.35	2.37	1.73	1.72
Research and development	12.56	2.50	3.55	3.54	3.12	4.58	5.86	3.50	3.99	9.63	3.31	13.32	4.28	3.78	4.40	2.80	2.58	3.07	2.45	4.32	2.41	5.84	3.35	2.09	2.21	2.55	3.20	2.19	1.93	2.21	2.07	2.27	3.20	2.28	4.41	1.78	1.83	4.65	1.66	2.15	1.66	1.80	1.50	1.67	1.74	2.28	1.66	1.66	1.57	1.84	1.66	2.10	1.91	2.22	1.92	2.17	1.86	2.42	1.95	1.94	2.16	4.52	2.32	2.18	2.05	1.97	1.25	1.40	1.22	1.39	1.17	1.17	1.08	1.38	1.44	1.03	1.03	1.72	0.95	1.17	0.94
Other operating expenses	-0.03	0.00	-0.66	-0.58	-0.65	2.57	0.00	0.00	3.54	2.46	0.00	0.08	0.02	2.20	0.00	0.00	0.00	2.00	0.00	0.00	-0.45	1.80	-0.39	-0.29	0.00	2.10	0.00	0.00	0.00	2.10	0.00	0.00	0.00	0.00	0.06	0.06	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.06	0.00	0.00	0.00	-0.03	-0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating income	-1.88	6.16	7.46	6.36	6.71	4.35	3.98	6.13	5.76	-1.71	5.87	-5.01	3.81	3.49	4.11	5.07	5.62	3.75	4.92	1.70	2.83	-1.94	2.51	2.44	3.98	2.76	2.61	3.46	3.41	2.85	2.66	2.27	1.15	2.17	0.15	2.53	2.08	-0.46	3.07	1.66	1.76	1.95	2.34	1.74	1.52	1.53	1.70	1.40	2.05	1.90	2.47	1.49	1.82	1.96	2.37	2.79	2.76	2.00	2.38	2.46	2.20	-0.44	1.42	1.44	0.93	-0.23	1.64	1.42	1.19	1.31	1.56	1.56	1.65	1.60	1.16	1.44	1.41	0.31	0.55	1.42	1.41
Non-operating income (net)	-1.65	-2.74	-0.72	-1.36	-0.81	-0.18	0.11	-0.12	-0.09	-0.33	-0.25	-0.32	-0.16	0.03	-0.52	-0.58	-0.76	0.16	0.34	0.02	0.16	-0.05	0.20	0.31	-0.14	0.03	-0.27	-0.20	-0.34	-0.25	0.00	-0.18	0.20	-0.29	0.05	-0.09	-0.08	-0.90	-0.18	-0.15	-0.14	-1.14	0.06	-0.93	-0.14	10.29	-0.21	0.49	0.04	-0.67	-0.94	-0.24	-0.27	-0.63	-0.15	-0.11	-0.25	-0.41	-0.02	-0.79	-0.47	-0.26	-0.92	-0.20	-0.32	6.70	3.44	0.55	0.59	0.61	-0.12	0.53	2.79	-4.78	0.90	0.79	0.84	0.61	0.68	0.69	0.56
Income before tax	-3.53	3.42	6.75	5.00	5.90	4.17	4.09	6.01	5.67	-2.05	5.62	-5.34	3.65	3.51	3.58	4.49	4.86	3.91	5.27	1.72	2.99	-1.99	2.71	2.74	3.84	2.79	2.35	3.26	3.07	2.60	2.67	2.09	1.35	1.88	0.20	2.44	2.00	-1.36	2.89	1.50	1.62	0.82	2.40	0.81	1.38	11.81	1.49	1.89	2.09	1.23	1.53	1.25	1.55	1.33	2.22	2.68	2.51	1.58	2.35	1.67	1.73	-0.70	0.50	1.24	0.62	6.46	5.08	1.97	1.78	1.93	1.44	2.09	4.44	-3.18	2.06	2.23	2.25	0.91	1.23	2.11	1.97
Income tax expense	0.71	0.46	0.96	0.57	0.82	0.43	0.93	0.55		-0.82	0.87	0.64	0.83	0.50	0.33	0.54	0.55	0.09	0.70	0.50	0.24	0.10	0.38	0.40	0.62	0.43	0.44	0.62	0.21	0.83	0.71	0.37	0.60	2.92	0.25	0.49	0.45	-0.77	0.70	0.30	0.49	-0.17	0.57	0.12	0.42	4.48	0.65	-0.14	0.36	0.41	0.38	0.31	-0.07	0.39	0.46	0.86	0.74	0.04	0.63	-0.38	0.66	-0.20	0.13	0.46	0.29	-0.06	1.62	0.38	0.33	0.28	0.32	0.29	1.11	-1.55	0.54	0.56	0.55	0.44	0.29	0.61	0.45
Net income	-4.24	2.96	5.79	4.43	5.08	3.74	3.16	5.46	4.76	-1.23	4.75	-5.98	2.82	3.02	3.25	3.94	4.31	3.76	4.57	1.55	3.18	-2.09	2.94	3.00	3.22	2.36	1.90	2.67	2.92	1.83	1.95	1.71	0.74	-1.05	-0.06	1.95	1.55	-0.60	2.18	1.21	1.13	0.98	1.83	0.69	0.95	7.32	0.90	2.00	1.71	0.78	1.12	0.91	1.59	0.91	1.73	1.79	1.74	1.51	1.69	2.02	1.04	-0.53	0.34	0.75	0.30	6.50	3.42	1.56	1.43	1.64	1.09	1.77	3.30	-1.63	1.53	1.68	1.70	0.47	0.94	1.50	1.52

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11	Dec-10	Dec-09	Dec-08	Dec-07	Dec-06
Total cash and short-term investments +	14.57	13.69	7.09	13.19	8.10	8.05	10.45	8.86	8.50	14.34	13.43	15.72	17.49	16.14	14.97	12.20	9.60	5.49	8.23	8.71
Cash and cash equivalents	14.57	13.24	6.84	12.69	8.10	8.05	9.68	7.97	6.09	6.52	8.52	7.44	15.62	13.45	13.53	10.90	9.31	4.37	5.34	5.91
Short-term investments	0.00	0.45	0.25	0.50	0.00	0.00	0.77	0.90	2.41	7.83	4.90	8.28	1.87	2.69	1.44	1.30	0.29	1.12	2.89	2.80
Accounts receivable, net	12.68	10.28	10.35	9.45	9.23	6.80	6.78	7.07	6.87	7.02	6.48	6.63	7.18	7.67	8.26	7.34	6.60	2.91	3.64	3.31
Inventories	6.66	6.11	6.36	5.91	5.95	5.55	5.98	5.44	5.10	4.87	4.70	5.57	6.23	6.54	6.25	5.87	8.05	2.09	1.88	1.77
Other current assets	9.49	8.71	8.37	7.17	6.99	7.36	4.28	4.50	4.30	4.39	5.14	4.69	4.79	4.51	3.69	3.65	4.18	8.63	1.30	1.43
Total current assets	43.52	38.78	32.17	35.72	30.27	27.76	27.48	25.88	24.77	30.61	29.75	32.61	35.69	34.86	33.18	29.06	28.43	19.11	15.05	15.23
Total non-current assets +	93.35	78.32	74.51	73.44	75.43	63.82	56.91	56.76	63.11	64.76	71.93	65.56	69.96	71.28	71.95	76.72	83.88	28.08	33.31	29.34
Property, plant and equipment, net	26.82	25.15	24.49	21.42	19.28	17.99	15.05	13.29	12.44	12.03	12.51	13.14	14.97	16.03	16.30	17.08	18.27	12.00	12.35	13.19
Goodwill	21.58	21.67	21.20	21.20	21.26	18.88	19.43	18.25	18.28	18.16	17.72	12.99	12.30	12.13	12.16	12.38	12.04	1.44	1.45	1.43
Intangible assets	26.68	16.37	18.01	20.27	22.93	14.10	14.20	13.10	14.18	17.31	22.60	20.39	23.80	29.08	34.30	39.46	47.76	0.53	0.71	0.94
Long-term investments	0.96	0.46	0.25	1.02	0.37	0.79	1.47	6.23	12.13	11.42	13.04	13.52		7.31	3.46	2.18	0.43
Other non-current assets
Total assets	136.87	117.11	106.68	109.16	105.69	91.59	84.40	82.64	87.87	95.38	101.68	98.17	105.65	106.13	105.13	105.78	112.31	47.20	48.35	44.57

Total current liabilities +	28.33	28.42	25.69	24.24	23.87	27.33	22.22	22.21	18.61	17.20	19.20	18.40	17.87	18.35	16.25	15.64	15.64	14.32	12.26	12.72
Accounts payable	4.40	4.08	3.92	4.26	4.61	4.33	3.74	3.32	3.10	2.81	2.53	2.63	2.27	1.75	2.02	2.31	2.24	0.62	0.62	0.50
Short-term debt	2.88	2.93	1.66	2.23	2.72	6.72	3.61	5.31	3.06	0.57	2.58	2.70	4.52	4.32	1.99	2.40	1.38	2.30	1.82	1.29
Current portion of long-term debt	2.59	2.65	1.37	1.95	2.41	6.43	3.61	5.31	3.06	0.57	2.30	1.00
Deferred revenue
Other current liabilities	21.04	17.50	17.47	15.76	15.32	14.70	14.14	11.61	11.75	11.59	12.53	11.46	10.82	11.08	11.45	9.69	10.73	11.22	9.19	10.62
Total non-current liabilities +	55.88	42.31	43.35	38.86	43.57	38.86	36.18	33.55	34.69	37.87	37.71	30.98	35.45	32.32	31.94	33.34	35.19	11.71	15.50	11.88
Long-term debt	46.75	34.46	33.68	28.75	30.69	25.36	22.74	19.81	21.35	24.27	23.93	18.70	20.54	16.25	15.53	15.48	16.07	3.94	3.92	5.55
Capital lease obligations
Other non-current liabilities	7.69	6.47	8.79	8.32	9.43	12.48	11.97	12.04	11.12	8.51	7.35	7.81
Total liabilities	84.20	70.73	69.04	63.10	67.44	66.18	58.40	55.76	53.30	55.07	56.91	49.38	53.32	50.67	48.19	48.98	50.83	26.03	27.76	24.60

Total stockholders' equity +	52.61	46.31	37.58	45.99	38.18	25.32	25.91	26.70	34.34	40.09	44.68	48.65	49.77	53.02	54.52	54.38	59.06	18.76	18.18	17.56
Common stock and paid-in capital	-20.47	-16.76	-16.31	-15.09	-15.51	-22.05	-20.70	-15.88	-7.01	-4.05	-0.67	2.63	10.51	13.04	15.53	16.84	17.65	-24.94	-20.96	-21.54
Retained earnings	73.08	63.07	53.90	61.08	53.70	47.36	46.60	42.58	41.35	44.13	45.35	46.02	39.26	39.99	38.99	37.54	41.41	43.70	39.14	39.10
Common shares outstanding	2,507	2,541	2,547	2,542	2,538	2,541	2,580	2,679	2,748	2,787	2,841	2,928	2,996	3,076	3,094	3,120	2,273	2,143	2,193	2,188

Show Quarterly Balance Sheet

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14	Sep-14	Jun-14	Mar-14	Dec-13	Sep-13	Jun-13	Mar-13	Dec-12	Sep-12	Jun-12	Mar-12	Dec-11	Sep-11	Jun-11	Mar-11	Dec-10	Sep-10	Jun-10	Mar-10	Dec-09	Sep-09	Jun-09	Mar-09	Dec-08	Sep-08	Jun-08	Mar-08	Dec-07	Sep-07	Jun-07	Mar-07	Dec-06	Sep-06	Jun-06	Mar-06
Total cash and short-term investments +	5.70	14.57	18.21	8.62	9.23	13.69	14.59	11.35	5.62	7.09	8.77	6.38	10.39	13.19	11.25	10.13	8.93	8.10	10.04	8.59	7.00	8.84	7.36	11.11	7.43	10.45	8.02	7.11	8.80	8.86	10.29	7.59	7.35	8.50	11.20	11.97	15.25	14.34	13.07	11.83	12.94	13.43	12.09	11.37	15.60	15.72	14.35	13.40	20.51	17.49	18.17	18.10	16.02	16.14	18.12	17.45	15.57	14.97	15.58	13.98	13.03	12.20	10.62	9.94	9.78	9.60	22.26	16.93	12.58	5.49	6.84	9.99	9.16	8.23	7.39	5.50	4.06	8.71	9.09	10.46	12.40
Cash and cash equivalents	5.33	14.57	18.17	8.01	8.63	13.24	14.59	11.30	5.58	6.84	8.61	5.66	9.71	12.69	11.15	9.68	8.56	8.10	10.02	8.58	6.98	8.05	7.36	11.10	7.43	9.68	7.87	6.66	8.08	7.97	7.83	5.31	4.48	6.09	7.90	7.79	11.71	6.52	7.91	6.61	9.72	8.52	7.55	6.92	7.98	7.44	11.37	9.74	15.83	15.62	14.09	15.09	13.02	13.45	17.36	16.75	14.66	13.53	14.25	12.34	11.70	10.90	9.87	8.67	8.24	9.31	21.82	12.46	6.02	4.37	5.72	7.35	6.29	5.34	5.21	3.47	2.10	5.91	6.22	8.21	10.19
Short-term investments	0.38	0.00	0.05	0.62	0.60	0.45	0.00	0.05	0.04	0.25	0.17	0.72	0.68	0.50	0.10	0.45	0.37		0.03	0.01	0.02	0.79	0.01	0.01	0.01	0.77	0.15	0.45	0.72	0.90	2.46	2.28	2.86	2.41	3.29	4.18	3.54	7.83	5.16	5.23	3.23	4.90	4.54	4.45	7.62	8.28	2.98	3.65	4.69	1.87	4.08	3.01	3.00	2.69	0.76	0.70	0.91	1.44	1.32	1.64	1.33	1.30	0.75	1.28	1.54	0.29	0.44	4.47	6.56	1.12	1.12	2.64	2.87	2.89	2.18	2.03	1.95	2.80	2.86	2.25	2.21
Accounts receivable, net	12.21	12.68	12.12	11.85	10.79	10.28	11.38	11.64	11.37	10.35	10.39	11.03	10.42	9.45	9.48	9.64	9.83	9.23	8.57	7.84	8.24	6.80	8.42	7.58	8.18	6.78	8.44	7.96	7.61	7.07	7.37	7.29	7.25	6.87	7.67	7.44	7.07	7.02	7.36	6.92	6.85	6.48	6.41	6.51	6.67	6.63	6.52	7.02	7.19	7.18	7.58	7.78	7.97	7.67	7.95	8.15	8.73	8.26	8.14	8.48	7.96	7.34	7.30	6.28	7.50	6.60	3.80	3.66	3.57	2.91	3.64	3.65	3.76	3.64	3.50	3.61	4.02	3.31	3.08	3.08	3.04
Inventories	6.48	6.66	6.44	6.60	6.20	6.11	6.24	6.47	6.51	6.36	6.13	5.93	5.86	5.91	5.61	5.54	5.77	5.95	7.98	7.91	8.58	5.55	8.21	7.98	7.48	5.98	7.37	5.85	5.71	5.44	5.42	5.18	5.38	5.10	5.26	5.41	5.15	4.87	5.24	5.25	5.10	4.70	5.12	5.31	5.54	5.57	5.82	6.14	6.38	6.23	6.74	6.77	6.77	6.54	6.73	6.25	6.34	6.25	6.24	6.23	6.06	5.87	6.26	6.24	6.83	8.05	2.10	2.16	2.13	2.09	2.23	2.19	2.08	1.88	1.85	1.76	1.73	1.77	1.87	1.64	1.66
Other current assets	10.62	9.49	10.78	10.00	9.29	8.71	8.14	8.74	7.95	8.37	6.66	6.64	6.74	7.17	7.22	6.81	6.65	6.99	4.50	4.34	3.12	7.36	2.59	2.69	3.08	4.28	2.31	3.38	3.23	4.50	3.76	4.01	4.11	4.30	3.79	3.35	4.07	4.39	3.77	3.93	3.88	5.14	4.94	5.13	5.12	4.69	8.04	7.03	7.16	4.79	5.28	4.35	4.48	4.51	3.43	3.79	3.71	3.69	4.16	3.69	3.98	3.65	3.57	3.79	4.14	4.18	1.51	6.48	7.91	8.63	6.71	1.77	2.05	1.30	1.42	1.56	1.94	1.43	1.19	0.70	0.91
Total current assets	35.02	43.52	47.56	37.07	35.50	38.78	40.36	38.21	31.45	32.17	31.95	29.98	33.40	35.72	33.56	32.12	31.18	30.27	31.06	28.67	26.91	27.76	26.58	29.34	26.17	27.48	26.14	24.30	25.35	25.88	26.84	24.06	24.09	24.77	27.92	28.17	31.53	30.61	29.44	27.93	28.77	29.75	28.57	28.32	32.93	32.61	34.72	33.59	41.24	35.69	37.77	37.00	35.24	34.86	36.23	35.64	34.34	33.18	34.11	32.37	31.02	29.06	27.76	26.25	28.24	28.43	29.67	29.23	26.18	19.11	19.42	17.59	17.05	15.05	14.16	12.44	11.74	15.23	15.22	15.89	18.01
Total non-current assets +	93.67	93.35	81.99	80.46	79.62	78.32	77.17	74.43	74.40	74.51	74.77	74.49	74.39	73.44	73.52	74.98	75.48	75.43	62.44	62.02	63.94	63.82	63.22	61.27	58.74	56.91	57.19	59.67	57.00	56.76	58.29	60.98	61.96	63.11	63.76	64.64	65.03	64.76	68.90	68.55	69.98	71.93	72.67	74.26	75.42	65.56	67.09	64.27	67.22	69.96	68.65	69.88	70.96	71.28	70.07	69.89	71.17	71.95	72.43	73.83	74.84	76.72	80.08	79.92	83.35	83.88	19.07	20.17	20.36	28.08	29.13	29.86	29.99	33.31	31.54	31.75	31.25	29.34	28.49	27.59	25.41
Property, plant and equipment, net		25.32	25.64	25.24	24.79	23.78	23.45				22.53	22.23	21.76	21.42	20.42	20.06	19.75	19.28	18.57	18.06	18.30	17.99	16.92	15.79	15.27	15.05	14.29	13.86	13.51	13.29	12.76	12.63	12.56	12.44	12.19	12.09	12.04	12.03	12.03	11.99	12.36	12.51	12.48	12.63	12.91	13.14	13.44	13.89	14.30	14.97	15.32	15.68	15.80	16.03	15.88	15.87	16.12	16.30	16.38	16.67	16.83	17.08	17.12	17.33	17.99	18.27	6.92	6.87	11.83	12.00	12.10	12.24	12.29	12.35	12.49	12.77	12.94	13.19	13.41	13.73	13.98
Goodwill	21.58	21.58	21.59	21.59	21.68	21.67	21.70	21.16	21.18	21.20	21.18	21.20	21.21	21.20	21.16	21.21	21.26	21.26	18.86	18.87	20.21	18.88	20.25	20.07	19.77	19.43	19.48	19.49	18.17	18.25	18.26	18.27	18.30	18.28	18.34	18.36	18.36	18.16	18.26	17.81	17.78	17.72	17.76	17.71	17.74	12.99	13.17	11.79	12.12	12.30	12.12	12.20	12.21	12.13	12.17	12.16	12.16	12.16	12.23	12.38	12.21	12.38	12.48	12.23	12.27	12.04	1.44	1.44	1.44	1.44	1.44	1.43	1.45	1.45	1.43	1.43	1.43	1.43	1.09	1.09	1.09
Intangible assets	25.75	26.68	15.31	15.19	15.76	16.37	17.01	16.98	17.57	18.01	19.20	19.67	19.86	20.27	21.37	22.50	23.02	22.93	13.38	13.62	14.40	14.10	16.68	16.57	16.10	14.20	12.31	13.38	11.00	13.10	12.18	12.90	13.50	14.18	15.14	16.12	16.86	17.31	20.51	20.32	21.36	22.60	23.72	24.75	26.08	20.39	20.40	18.83	20.52	23.80	25.00	26.33	28.11	29.08	30.33	31.62	33.00	34.30	35.82	37.07	37.91	39.46	42.95	43.28	45.57	47.76	0.56	0.58	0.61	0.53	0.56	0.60	0.65	0.71	0.77	0.83	0.89	0.94	0.63	0.68	0.48
Long-term investments	1.11	0.96	1.12	0.77	0.62	0.46	0.58	0.36	0.28	0.25	1.31	1.21	1.29	1.02	0.98	0.24	0.32	0.37	0.44	0.41	0.54	0.79	1.37	1.25	0.56	1.47	2.11	3.78	5.62	6.23	7.61	10.03	11.03	12.13	12.21	12.14	11.90	11.42	11.66	11.88	12.55	13.04	13.08	13.33	13.09	13.52	13.49	12.62	11.46	9.77	9.20	8.56	7.95	7.31	5.56	4.09	3.97	3.46	2.42	2.18	2.08	2.18	2.14	2.05	2.00	0.43
Other non-current assets
Total assets	128.69	136.87	129.55	117.52	115.12	117.11	117.53	112.63	105.85	106.68	106.73	104.47	107.80	109.16	107.08	107.10	106.67	105.69	93.49	90.69	90.85	91.59	89.80	90.62	84.91	84.40	83.33	83.97	82.35	82.64	85.13	85.04	86.04	87.87	91.68	92.80	96.56	95.38	98.34	96.48	98.76	101.68	101.23	102.58	108.35	98.17	101.81	97.86	108.46	105.65	106.42	106.88	106.20	106.13	106.30	105.53	105.51	105.13	106.53	106.20	105.87	105.78	107.84	106.17	111.59	112.31	48.74	49.41	46.54	47.20	48.55	47.46	47.04	48.35	45.70	44.18	42.99	44.57	43.72	43.48	43.42

Total current liabilities +	26.95	28.33	28.63	26.04	25.17	28.42	29.59	26.06	25.10	25.69	23.09	23.39	23.13	24.24	23.00	23.17	22.32	23.87	23.73	21.91	26.36	27.33	20.41	22.18	23.48	22.22	20.68	20.09	18.54	22.21	18.59	18.13	16.96	18.61	19.47	18.76	19.82	17.20	15.56	14.92	17.57	19.20	17.58	17.51	20.44	18.40	25.93	17.93	22.47	17.87	18.22	18.40	18.80	18.35	15.58	16.91	16.58	16.25	16.59	15.76	15.66	15.64	17.32	15.42	16.46	15.64	8.03	11.51	13.42	14.32	14.43	9.72	9.80	12.26	10.51	10.28	7.86	12.72	11.15	10.50	11.30
Accounts payable	3.86	4.40	4.15	3.89	3.78	4.08	3.59	3.52	3.51	3.92	3.51	3.44	3.68	4.26	3.37	3.48	3.72	4.61	3.37	3.90	4.03	4.33	3.74	3.45	3.57	3.74	3.20	3.14	3.02	3.32	3.09	3.02	3.16	3.10	2.62	2.93	2.48	2.81	2.48	2.51	2.24	2.53	2.02	2.34	2.09	2.63	2.28	2.33	2.43	2.27	2.47	2.25	2.08	1.75	1.80	1.67	2.36	2.02	2.28	2.14	2.40	2.31	2.24	2.17	2.07	2.24	0.57	0.53	0.62	0.62	0.47	0.53	0.63	0.62	0.39	0.45	0.43	0.50	0.36	0.36	0.46
Short-term debt	2.44	2.88	1.41	1.43	1.36	2.93	3.15	3.07		1.66	0.89	2.84	2.67	2.23	1.94	2.98	1.21	2.72	3.53	2.49	7.25	6.72	2.42	4.72	6.36	3.61	3.41	3.82	3.18	5.31	3.66	3.38	2.06	3.06	5.16	3.18	5.04	0.57	1.49	0.64	2.11	2.58	2.54	2.48	4.73	2.70	9.28	4.48	8.56	4.52	3.98	5.58	4.74	4.32	2.03	3.92	2.93	1.99	2.46	2.52	2.20	2.40	4.12	4.15	3.82	1.38	0.87	2.50	2.80	2.30	2.99	1.18	0.42	1.82	1.97	2.17	0.93	1.29	1.20	1.70	1.95
Current portion of long-term debt	2.44	2.59	1.41	1.43	1.36	2.65	3.15	3.07	3.08	1.37	0.89	2.84	2.67	1.95	1.94	2.98	1.21	2.41	3.53	2.49	7.25	6.43	2.42	4.72	6.36	3.61	3.41	3.82	3.18		0.00	0.00	0.00	3.00	0.00	24.91	5.04	0.30	1.49	0.64	2.11	2.30				1.00
Deferred revenue
Other current liabilities	16.69	21.04	18.23	16.56	14.85	17.50	18.52	16.69		17.47	16.72	15.62	14.91	15.76	15.99	15.27	15.82	15.32	15.87	14.55	13.59	14.70	13.26	12.75	12.52	14.14	13.20	12.49	11.54	11.61	11.08	11.06	11.03	11.75	11.29	10.66	9.97	11.59	10.38	10.55	11.35	12.53	10.90	10.81	11.17	11.46	11.91	10.93	10.88	10.82	10.47	10.16	10.91	11.08	10.24	10.23	10.10	11.45	10.39	9.92	9.73	9.69	5.77	8.22	9.84	10.73	5.88	8.21	9.51	11.22	10.50	7.54	8.29	9.19	7.93	7.49	6.38	10.62	9.24	8.18	8.67
Total non-current liabilities +	55.81	55.88	49.01	42.43	41.55	42.31	43.39	42.92	40.33	43.35	42.33	42.33	37.76	38.86	39.56	40.61	43.40	43.57	33.90	35.39	37.45	38.86	40.13	40.69	35.13	36.18	35.72	36.14	36.14	33.55	33.89	34.15	35.18	34.69	33.71	34.33	36.65	37.87	38.82	38.11	37.29	37.71	37.97	38.44	39.99	30.98	30.52	31.42	33.43	35.45	38.20	38.37	31.79	32.32	32.51	30.94	31.61	31.94	32.35	32.51	33.36	33.34	34.92	33.08	34.80	35.19	15.36	15.16	11.13	11.71	12.11	15.07	15.29	15.50	12.04	12.02	14.22	11.88	10.85	11.27	10.84
Long-term debt	46.67	46.75	39.97	33.97	33.48	34.46	34.98	34.72	31.14	33.68	33.97	34.07	28.07	28.75	28.48	28.68	30.59	30.69	22.91	24.03	24.00	25.36	26.32	26.16	21.64	22.74	22.68	22.77	22.72	19.81	19.94	19.96	21.50	21.35	21.84	21.71	23.44	24.27	23.66	23.64	23.66	23.93	24.12	24.07	25.51	18.70	18.57	18.59	19.59	20.54	22.65	22.53	16.09	16.25	17.57	15.06	15.23	15.53	15.69	15.78	15.64	15.48	14.03	13.84	15.28	16.07	8.03	7.91	3.94	3.94	3.94	3.93	3.97	3.92	3.87	4.13	5.55	5.55	4.79	4.76	4.76
Capital lease obligations
Other non-current liabilities	7.64	7.69	7.66	7.03	6.66	6.47	7.54	7.33	8.26	8.79	7.34	7.27	8.24	8.32	8.66	8.95	9.74	9.43	9.47	9.87	12.24	12.48	12.03	12.45	11.55	11.97	11.09	11.28	11.59	12.04	11.89	12.03	11.47	11.12	7.71	8.07	8.32	8.51	8.79	8.38	7.37	7.35	7.89	7.91	7.68	7.81	6.97	8.18	7.96	8.14																	3.00	2.91
Total liabilities	82.75	84.20	77.64	68.46	66.72	70.73	72.97	68.98	65.43	69.04	65.43	65.73	60.89	63.10	62.56	63.78	65.72	67.44	57.63	57.30	63.81	66.18	60.53	62.87	58.61	58.40	56.41	56.23	54.68	55.76	52.47	52.27	52.14	53.30	53.18	53.09	56.47	55.07	54.38	53.03	54.85	56.91	55.55	55.94	60.43	49.38	56.45	49.34	55.90	53.32	56.41	56.77	50.59	50.67	48.09	47.85	48.20	48.19	48.94	48.27	49.03	48.98	52.25	48.50	51.25	50.83	23.39	26.67	24.54	26.03	26.54	24.79	25.08	27.76	22.54	22.30	22.08	24.60	22.00	21.77	22.14

Total stockholders' equity +	45.88	52.61	51.85	48.99	48.34	46.31	44.50	43.58	40.36	37.58	41.25	38.69	46.83	45.99	44.46	43.24	40.88	38.18	35.79	33.29	26.95	25.32	29.19	27.64	26.21	25.91	26.84	27.64	27.54	26.70	32.42	32.53	33.67	34.34	38.25	39.46	39.84	40.09	43.74	43.36	43.81	44.68	45.59	46.45	47.77	48.65	45.22	48.36	49.98	49.77	47.42	47.50	53.03	53.02	55.75	55.19	54.86	54.52	55.14	55.50	54.38	54.38	55.59	55.23	57.88	59.06	22.91	20.32	19.56	18.76	19.57	20.26	19.52	18.18	20.72	19.47	18.48	17.56	19.29	19.30	18.85
Common stock and paid-in capital	-20.84	-20.47	-20.38	-19.48	-17.76	-16.76	-16.88	-16.61	-16.33	-16.31	-15.84	-15.51	-15.21	-15.09	-15.47	-15.19	-15.37	-15.51	-15.90	-15.48	-21.94	-22.05	-21.92	-22.08	-22.07	-20.70	-18.97	-17.66	-16.53	-15.88	-9.77	-8.99	-7.44	-7.01	-5.45	-5.58	-4.55	-4.05	-2.28	-1.76	-1.39	-0.67	-0.07	1.35	2.07	2.63	5.24	7.99	10.31	10.51	7.65	7.59	12.76	13.04	15.36	15.24	15.42	15.53	16.38	17.25	16.98	16.84	16.35	15.15	17.37	17.65	-24.79	-24.75	-24.76	-24.94	-23.29	-22.32	-22.10	-20.96	-20.88	-21.43	-21.58	-21.54	-20.16	-20.04	-19.82
Retained earnings	66.72	73.08	72.23	68.48	66.10	63.07	61.38	60.19	56.70	53.90	57.08	54.20	62.04	61.08	59.93	58.44	56.25	53.70	51.69	48.78	48.89	47.36	51.11	49.72	48.27	46.60	45.80	45.30	44.07	42.58	42.19	41.52	41.11	41.35	43.70	45.05	44.39	44.13	46.03	45.12	45.19	45.35	45.66	45.10	45.69	46.02	39.99	40.37	39.66	39.26	39.77	39.92	40.27	39.99	40.39	39.95	39.44	38.99	38.76	38.24	37.40	37.54	39.25	40.08	40.51	41.41	47.69	45.07	44.32	43.70	42.86	42.57	41.62	39.14	41.60	40.91	40.05	39.10	39.45	39.34	38.67
Common shares outstanding	2,472	2,488	2,498	2,513	2,531	2,541	2,541	2,544	2,533	2,554	2,546	2,539	2,551	2,548	2,542	2,540	2,537	2,535	2,536	2,540	2,541	2,540	2,538	2,536	2,547	2,559	2,572	2,588	2,603	2,634	2,678	2,696	2,710	2,715	2,727	2,752	2,766	2,776	2,786	2,789	2,795	2,813	2,836	2,850	2,865	2,880	2,911	2,949	2,971	2,959	2,960	3,010	3,053	3,074	3,074	3,074	3,074	3,069	3,091	3,110	3,104	3,080	3,102	3,126	3,141	2,109	2,114	2,110	2,109	2,129	2,133	2,152	2,160	2,179	2,179	2,177	2,185	2,175	2,186	2,173	2,191

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11	Dec-10	Dec-09	Dec-08	Dec-07	Dec-06
Operating cash flow +	16.47	21.47	13.01	19.10	14.11	10.25	13.44	10.92	6.45	10.38	12.42	7.86	11.65	10.02	12.38	10.82	3.39	6.57	7.00	6.77
Net income
Depreciation, depletion and amortization	5.84	4.50	3.87	3.91	3.21	3.63	3.65	4.52	4.64	5.44	6.38	6.69	6.99	6.98	7.43	7.38	2.58	1.63	1.99	2.27
Stock-based compensation	0.82	0.76	0.65	0.54	0.48	0.48	0.42	0.35	0.31	0.30	0.30	0.28	0.28	0.34	0.37	0.51	0.42	0.22	0.21	0.17
Change in inventory	-1.18	-0.84	-0.82	-0.16	-0.67	-0.86	-0.51	-0.91	-0.15	0.21	0.81	0.08	-0.37	-0.48	-0.68	1.99	1.21	-0.45	-0.04	0.23
Other working capital changes	10.99	17.04	9.31	14.81	11.09	7.01	9.88	6.97	1.64	4.43	4.94	0.81	4.76	3.19	5.27	0.94	-0.81	5.17	4.84	4.10
Cash flow from investing +	-13.74	-7.73	-14.08	-4.96	-16.56	-9.44	-2.63	4.31	2.68	-3.21	-4.76	-0.37	-3.15	-6.81	-2.89	-3.50	3.16	-1.83	-2.81	-4.88
Capital expenditures	-4.11	-3.37	-3.86	-4.39	-4.45	-4.68	-3.47	-2.62	-1.89	-1.61	-1.28	-2.32	-1.55	-1.95	-1.72	-1.68	-1.46	-1.30	-1.01	-0.98
Others incl. marketable securities changes	-9.63	-4.36	-10.22	-0.57	-12.11	-4.76	0.84	6.93	4.57	-1.60	-3.48	1.94	-1.60	-4.85	-1.17	-1.82	4.62	-0.54	-1.80	-3.90
Cash flow from financing +	-1.92	-7.03	-4.81	-9.12	2.59	-2.83	-8.86	-13.16	-10.01	-9.04	-5.39	-15.11	-5.99	-3.27	-6.90	-5.44	-1.64	-5.52	-4.87	-5.60
Dividend payout	-8.18	-7.84	-7.45	-7.01	-6.61	-6.22	-5.70	-5.17	-5.17	-5.12	-5.12	-5.25	-5.28	-5.24	-4.81	-4.85	-3.48	-3.28	-3.31	-3.32
Common stock repurchases	-5.08	-1.31	-1.35	0.38	-0.84	-1.28	-4.78	-9.09	-4.01	-3.43	-4.19	-7.70	-6.52	-2.59	-1.92	-1.59	0.19	-2.73	-1.43	-1.00
Net Debt Issuance	11.34	2.11	3.98	-2.49	10.04	4.66	1.61	1.10	-0.83	-0.49	3.92	-2.16	5.80	4.56	-0.17	1.01	1.65	0.48	-0.13	-1.28

Change in cash	0.81	6.70	-5.89	5.02	0.15	-2.02	1.95	2.08	-0.42	-2.01	0.97	-8.18	2.17	-0.08	2.63	1.59	4.94	-0.79	-0.68	-3.72
Change in exchange rate									0.46	-0.13	-1.31	-0.55	-0.35	-0.03	0.04	-0.30	0.03

Show Quarterly Cash Flow

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14	Sep-14	Jun-14	Mar-14	Dec-13	Sep-13	Jun-13	Mar-13	Dec-12	Sep-12	Jun-12	Mar-12	Dec-11	Sep-11	Jun-11	Mar-11	Dec-10	Sep-10	Jun-10	Mar-10	Dec-09	Sep-09	Jun-09	Mar-09	Dec-08	Sep-08	Jun-08	Mar-08	Dec-07	Sep-07	Jun-07	Mar-07	Dec-06	Sep-06	Jun-06	Mar-06
Operating cash flow +	3.92	2.86	7.82	3.29	2.50	3.45	9.29	5.64	3.09	0.25	7.72	3.70	1.34	4.43	5.60	4.30	4.76	5.03	4.80	2.49	1.79	4.01	2.17	3.37	0.71	4.79	4.23	3.08	1.34	3.59	2.79	3.38	1.16	4.02	-1.17	3.32	0.29	3.63	2.97	1.62	2.16	4.25	3.31	2.59	2.28	-1.16	4.35	2.32	2.36	3.03	3.95	2.34	2.34	1.81	3.14	2.92	2.15	3.23	4.58	2.85	1.72	3.54	2.59	3.32	1.37	2.24	-0.31	0.75	0.71	1.01	1.65	1.38	2.53	2.35	3.03	2.95	-1.33	1.78	1.48	2.20	1.31
Net income
Depreciation, depletion and amortization	1.51	1.42	1.15	1.12	1.10	1.20	1.19	1.13	0.98	0.96	1.01	0.90	0.99	0.89	0.96	0.94	1.12	0.84	0.76	0.69	0.89	0.90	0.85	1.05	0.82	0.94	0.85	0.97	0.90	1.10	1.06	1.23	1.14	1.13	1.15	1.16	1.19	1.16	1.18	1.55	1.56	1.56	1.57	1.61	1.64	1.57	1.61	1.75	1.75	1.95	1.71	1.66	1.67	1.66	1.72	1.80	1.79	1.86	1.90	1.83	1.83	1.87	1.88	1.95	1.69	1.25	0.39	0.49	0.44	0.47	0.39	0.37	0.39	0.50	0.49	0.50	0.50	0.54	0.56	0.54	0.62
Stock-based compensation	0.19	0.21	0.20	0.22	0.20	0.19	0.20	0.20	0.18	0.17	0.16	0.17	0.15	0.15	0.14	0.14	0.12	0.12	0.12	0.13	0.11	0.12	0.12	0.11	0.11	0.11	0.10	0.11	0.09	0.09	0.09	0.09	0.08	0.08	0.08	0.08	0.07	0.08	0.08	0.08	0.07	0.08	0.08	0.08	0.06	0.07	0.08	0.08	0.06	0.07	0.07	0.08	0.07	0.08	0.09	0.09	0.08	0.08	0.09	0.11	0.09	0.11	0.13	0.14	0.13	0.13	0.08	0.08	0.11	0.22	0.09	0.11	0.09	0.21	0.33	-0.30	0.04	0.17	-1.26	-0.12	0.03
Change in inventory		-1.18							-0.82					-0.16	-0.16			-0.67	-0.67	-0.67	-0.67	-0.90	-0.86	-0.86	-0.86	-0.51	-0.51	-0.51	-0.51	-0.91	-0.91	-0.91	-0.91	-0.15	0.00	0.00	0.00	0.21	0.00	0.00	0.00	0.81	0.00	0.00	0.00	0.08	0.00	0.00	0.00	-0.37	0.00	0.00	0.00	-0.48	0.00	0.00	0.00	0.68	0.00	0.00	0.00	1.99	0.00	0.00	0.00	1.21	0.00	0.00	-0.24	-0.26			-0.14	-0.13			0.07	-0.03			-0.02
Other working capital changes	2.22	2.41	6.46	1.96	1.21	2.07	7.91	4.30	2.75	-0.89	6.54	2.63	0.20	3.55	4.67	3.23	3.52	4.75	4.60	2.34	1.46	3.88	2.06	3.07	0.63	4.26	3.79	2.51	0.85	3.32	2.55	2.98	0.85	2.95	-2.40	2.07	-0.98	2.20	1.72	-0.02	0.53	1.80	1.66	0.89	0.58	-2.89	2.66	0.48	0.55	1.37	2.18	0.61	0.60	0.55	1.33	1.02	0.29	0.61	2.59	0.91	-0.20	-0.43	0.59	1.24	-0.45	-0.35	-0.79	0.18	0.40	0.58	1.17	0.90	2.18	1.77	2.21	2.75	-1.95	1.09	2.18	1.78	0.67
Cash flow from investing +	-10.21	-11.20	-0.28	-0.77	-1.49	-1.44	-3.85	-1.07	-1.38	0.05	-0.33	-11.44	-2.36	-1.75	-0.96	-1.08	-1.17	-12.05	-1.06	-2.71	-0.74	-4.78	-2.16	-0.88	-1.63	-0.76	0.19	-2.43	0.37	2.18	1.66	0.67	-0.20	-0.06	0.67	-1.13	3.19	-2.56	-0.89	-1.50	1.74	-0.62	-0.06	2.53	-6.61	7.20	-3.72	-0.05	-3.81	1.18	-2.04	-1.14	-1.15	-4.40	-1.84	-0.30	-0.27	-1.68	-0.26	-1.05	0.11	-1.01	0.19	0.46	-3.15	-12.86	12.01	2.62	1.39	-0.45	-3.28	-0.01	1.90	-0.85	-0.07	-0.61	-1.28	-1.69	-1.97	-2.73	1.50
Capital expenditures	-0.99	-1.03	-0.99	-0.76	-1.33	-0.94	-0.78	-0.79	-0.86	-0.99	-0.90	-0.97	-1.01	-1.15	-1.13	-1.13	-0.98	-1.21	-1.17	-0.93	-1.08	-1.43	-1.45	-0.57	-0.99	-1.14	-0.96	-0.78	-0.60	-0.93	-0.65	-0.58	-0.45	-0.72	-0.44	-0.39	-0.34	-0.55	-0.41	-0.38	-0.28	-0.49	-0.32	-0.27	-0.20	-1.49	-0.32	-0.30	-0.21	-0.43	-0.36	-0.41	-0.35	-0.78	-0.41	-0.43	-0.33	-0.60	-0.43	-0.37	-0.32	-0.66	-0.34	-0.34	-0.34	-0.56	-0.30	-0.37	-0.24	-0.38	-0.28	-0.29	-0.34	-0.28	-0.25	-0.27	-0.20	-0.30	-0.22	-0.26	-0.20
Others incl. marketable securities changes	-9.22	-10.17	0.70	-0.01	-0.16	-0.51	-3.06	-0.28	-0.52	1.04	0.57	-10.48	-1.35	-0.60	0.16	0.05	-0.19	-10.84	0.11	-1.77	0.34	-3.35	-0.71	-0.32	-0.64	0.37	1.15	-1.64	0.96	3.11	2.31	1.26	0.25	0.66	1.11	-0.73	3.53	-2.01	-0.48	-1.12	2.02	-0.12	0.26	2.80	-6.40	8.69	-3.40	0.25	-3.60	1.61	-1.68	-0.72	-0.80	-3.62	-1.43	0.13	0.06	-1.08	0.17	-0.68	0.43	-0.35	0.53	0.80	-2.81	-12.31	12.31	2.98	1.63	-0.07	-3.00	0.28	2.24	-0.56	0.18	-0.34	-1.08	-1.40	-1.74	-2.46	1.70
Cash flow from financing +	-2.98	4.75	2.64	-3.56	-5.76	-3.01	-2.43	1.22	-2.81	-2.25	-4.27	3.76	-2.05	-1.55	-2.70	-1.78	-3.09	5.21	-2.27	1.76	-2.10	1.37	-3.85	1.14	-1.49	-2.01	-3.15	-2.08	-1.61	-5.57	-1.91	-2.97	-2.72	-5.79	0.54	-6.22	1.46	-1.98	-0.84	-3.38	-2.85	-2.41	-2.54	-5.60	5.16	-9.64	1.28	-8.37	1.62	-2.62	-2.92	0.97	-1.42	-1.22	-0.74	-0.59	-0.73	-2.23	-2.24	-1.26	-1.17	-1.29	-1.63	-3.46	0.94	-1.85	-2.37	2.98	-0.39	-1.76	0.10	-0.29	-3.58	-1.40	-1.26	-0.99	-1.22	-0.42	-1.50	-1.46	-2.22
Dividend payout	-2.11	-2.02	-2.03	-2.08	-2.05	-1.95	-1.95	-1.99	-1.95	-1.85	-1.86	-1.89	-1.85	-1.75	-1.75	-1.77	-1.75	-1.64	-1.65	-1.67	-1.65	-1.54	-1.55	-1.58	-1.55	-1.41	-1.39	-1.47	-1.43	-1.28	-1.29	-1.31	-1.30	-1.28	-1.28	-1.31	-1.29	-1.27	-1.27	-1.30	-1.28	-1.26	-1.27	-1.30	-1.28	-1.34	-1.28	-1.34	-1.29	-1.38	-1.26	-1.33	-1.31	-1.40	-1.28	-1.28	-1.28	-1.29	-1.18	-1.18	-1.18	-1.29	-1.18	-1.19	-1.19	-1.07	-0.80	-0.80	-0.80	-0.81	-0.82	-0.82	-0.83	-0.83	-0.83	-0.83	-0.83	-0.83	-0.83	-0.83	-0.83
Common stock repurchases	-0.87	-1.25	2.49	-1.35	-1.16	-0.49	-0.44	-0.25	-0.12	-0.39	-0.47	-0.34	-0.15	0.27	-0.01	0.10	0.01	-0.02	-0.58	-0.24	0.01	1.28	0.03	0.01	-1.28	-1.05	-1.41	-1.24	-1.09	-5.93	-1.00	-1.60	-0.57	-1.70	-0.16	-1.13	-1.02	-1.02	-0.85	-0.66	-0.91	-1.18	-1.28	-0.71	-1.02	-1.62	-2.67	-2.25	-1.17	-0.20	-0.22	-5.53	-0.58	-1.15	-0.45	-0.53	-0.46	-0.56	-1.05	-0.31	0.04	0.00	-0.30	-1.26	0.20	0.00	0.00	0.00		-0.21	-0.96	-0.17	-1.38	-0.86	-0.08	-0.25	-0.24	-0.25	-0.25	-0.25	-0.25
Net Debt Issuance	0.00	8.02	2.18	-0.13	-2.54	-0.57	-0.03	3.45	-0.74	0.00	-1.95	5.98	-0.05	-0.07	-0.95	-0.10	-1.35	6.87	-0.04	3.67	-0.46	1.63	-2.33	2.70	1.34	0.44	-0.35	0.62	0.90	1.64	0.38	-0.06	-0.86	-2.80	1.98	-3.78	3.77	0.31	1.28	-1.42	-0.66	0.04	0.01	-3.59	7.45	-6.69	5.23	-4.78	4.08	-1.05	-1.44	7.83	0.47	1.33	0.99	1.22	1.01	-0.38	-0.02	0.23	-0.03	0.00	-0.15	-1.02	1.94	-0.78	-1.57	3.78	0.41	-0.74	1.89	0.71	-1.38	0.29	-0.36	0.08	-0.15	0.66	-0.42	-0.37	-1.14

Change in cash	-9.27	-3.59	10.18	-1.03	-4.74	-1.00	3.02	5.78	-1.10	-1.95	3.11	-3.98	-3.07	1.13	1.94	1.45	0.50	-1.81	1.46	1.54	-1.05	0.60	-3.83	3.62	-2.41	2.02	1.27	-1.43	0.09	0.20	2.55	1.09	-1.76	-1.81	0.12	-3.92	5.19	-1.39	1.30	-3.11	1.19	0.98	0.62	-1.17	0.54	-3.93	1.63	-6.09	0.21	1.53	-1.00	2.07	-0.43	-3.91	0.61	2.10	1.13	-0.72	1.91	0.65	0.80	1.03	1.21	0.43	-1.08	-12.47	9.33	6.34	1.71	-1.19	-1.52	1.08	0.85	0.10	1.69	1.35	-3.83	-0.34	-1.99	-1.98	0.59
Change in exchange rate																																		0.02	0.08	0.11	0.25	-0.48	0.05	0.16	0.14	-0.25	-0.09	-0.68	-0.30	-0.33	-0.28	0.02	0.03	-0.05	0.00	-0.11	-0.19	-0.10	0.05	0.06	-0.03	-0.04	-0.16	0.10	0.14	-0.21	0.05	0.10	-0.24