| DEI Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
907,550,774.00 |
| DEI Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
907,550,774.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1.69 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
-13.53% |
-12.70% |
-16.40% |
-15.65% |
-8.41% |
-1.72% |
11.14% |
16.38% |
14.24% |
10.38% |
18.58% |
| EBITDA Growth |
|
-21.29% |
-20.36% |
-22.83% |
-26.43% |
-10.81% |
-2.98% |
4.35% |
18.93% |
7.43% |
7.59% |
30.79% |
| EBIT Growth |
|
-25.49% |
-26.09% |
-30.04% |
-34.10% |
-16.58% |
-9.54% |
-0.35% |
16.91% |
2.37% |
1.61% |
32.12% |
| NOPAT Growth |
|
-27.24% |
-31.09% |
-35.26% |
-33.50% |
-19.04% |
-10.07% |
11.31% |
21.42% |
5.14% |
2.27% |
33.22% |
| Net Income Growth |
|
-25.53% |
-30.12% |
-35.30% |
-34.55% |
-20.30% |
-12.11% |
6.70% |
14.91% |
0.15% |
-3.49% |
31.04% |
| EPS Growth |
|
-25.10% |
-29.91% |
-35.14% |
-34.76% |
-20.54% |
-12.67% |
6.67% |
15.57% |
0.68% |
-2.29% |
31.25% |
| Operating Cash Flow Growth |
|
-29.97% |
-5.78% |
-12.33% |
12.29% |
-10.58% |
3.85% |
-16.52% |
18.40% |
26.44% |
12.81% |
79.03% |
| Free Cash Flow Firm Growth |
|
-314.32% |
-319.46% |
-75.87% |
9.44% |
44.63% |
45.39% |
41.74% |
14.23% |
23.16% |
40.90% |
106.84% |
| Invested Capital Growth |
|
41.57% |
37.21% |
31.31% |
21.64% |
18.53% |
17.26% |
16.70% |
17.14% |
13.74% |
11.00% |
6.09% |
| Revenue Q/Q Growth |
|
0.02% |
-10.04% |
-10.20% |
4.40% |
8.61% |
-3.47% |
1.55% |
9.31% |
6.61% |
-6.73% |
9.09% |
| EBITDA Q/Q Growth |
|
-2.13% |
-15.26% |
-10.69% |
-0.68% |
18.65% |
-7.81% |
-3.95% |
13.20% |
7.17% |
-7.67% |
16.76% |
| EBIT Q/Q Growth |
|
-3.40% |
-18.51% |
-14.40% |
-2.20% |
22.28% |
-11.63% |
-5.71% |
14.74% |
7.08% |
-12.29% |
22.60% |
| NOPAT Q/Q Growth |
|
-0.82% |
-19.30% |
-19.05% |
2.63% |
20.76% |
-10.36% |
0.20% |
11.94% |
4.57% |
-12.81% |
30.52% |
| Net Income Q/Q Growth |
|
-0.75% |
-19.78% |
-19.40% |
1.99% |
20.85% |
-11.53% |
-2.16% |
9.84% |
5.33% |
-14.74% |
32.85% |
| EPS Q/Q Growth |
|
-1.07% |
-18.92% |
-20.00% |
1.67% |
20.49% |
-10.88% |
-2.29% |
10.16% |
4.96% |
-13.51% |
31.25% |
| Operating Cash Flow Q/Q Growth |
|
38.46% |
-0.67% |
-47.14% |
54.47% |
10.25% |
15.36% |
-57.51% |
119.08% |
17.74% |
2.92% |
-32.56% |
| Free Cash Flow Firm Q/Q Growth |
|
-30.62% |
-1.90% |
2.19% |
30.44% |
20.14% |
-0.52% |
-4.35% |
-2.40% |
28.45% |
22.70% |
112.08% |
| Invested Capital Q/Q Growth |
|
7.37% |
3.39% |
6.31% |
3.07% |
4.63% |
2.28% |
5.80% |
3.46% |
1.59% |
-0.18% |
1.12% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Gross Margin |
|
62.11% |
59.63% |
57.22% |
57.85% |
59.60% |
57.75% |
56.84% |
57.89% |
57.42% |
55.89% |
58.01% |
| EBITDA Margin |
|
51.63% |
48.64% |
48.37% |
46.02% |
50.28% |
48.02% |
45.42% |
47.03% |
47.28% |
46.80% |
50.09% |
| Operating Margin |
|
41.75% |
37.60% |
35.13% |
32.65% |
37.44% |
34.36% |
32.54% |
35.14% |
35.07% |
33.30% |
37.47% |
| EBIT Margin |
|
44.57% |
40.37% |
38.49% |
36.05% |
40.59% |
37.16% |
34.50% |
36.22% |
36.38% |
34.21% |
38.45% |
| Profit (Net Income) Margin |
|
37.71% |
33.63% |
30.18% |
29.49% |
32.81% |
30.07% |
28.98% |
29.11% |
28.76% |
26.29% |
32.02% |
| Tax Burden Percent |
|
88.92% |
88.57% |
85.46% |
90.38% |
87.64% |
88.67% |
92.40% |
87.62% |
86.11% |
84.77% |
90.14% |
| Interest Burden Percent |
|
95.15% |
94.05% |
91.77% |
90.49% |
92.23% |
91.27% |
90.88% |
91.74% |
91.83% |
90.68% |
92.40% |
| Effective Tax Rate |
|
11.08% |
11.43% |
14.54% |
9.62% |
12.36% |
11.33% |
7.60% |
12.38% |
13.89% |
15.23% |
9.86% |
| Return on Invested Capital (ROIC) |
|
41.68% |
34.53% |
27.56% |
24.34% |
24.96% |
22.45% |
21.43% |
22.08% |
21.77% |
20.64% |
24.92% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
46.44% |
35.68% |
27.83% |
24.31% |
24.96% |
22.08% |
20.67% |
20.92% |
20.80% |
19.52% |
23.91% |
| Return on Net Nonoperating Assets (RNNOA) |
|
1.67% |
2.63% |
3.78% |
4.30% |
5.46% |
5.66% |
7.21% |
8.02% |
8.59% |
8.93% |
12.10% |
| Return on Equity (ROE) |
|
43.36% |
37.16% |
31.34% |
28.64% |
30.41% |
28.11% |
28.64% |
30.10% |
30.36% |
29.58% |
37.02% |
| Cash Return on Invested Capital (CROIC) |
|
9.26% |
6.71% |
4.81% |
7.47% |
6.98% |
6.76% |
6.50% |
6.47% |
9.06% |
11.39% |
16.83% |
| Operating Return on Assets (OROA) |
|
27.98% |
23.75% |
20.17% |
17.58% |
19.05% |
17.13% |
16.13% |
17.26% |
17.86% |
17.26% |
20.80% |
| Return on Assets (ROA) |
|
23.68% |
19.78% |
15.82% |
14.38% |
15.40% |
13.86% |
13.55% |
13.87% |
14.12% |
13.27% |
17.33% |
| Return on Common Equity (ROCE) |
|
43.36% |
37.16% |
31.34% |
28.64% |
30.41% |
28.11% |
28.64% |
30.10% |
30.36% |
29.58% |
37.02% |
| Return on Equity Simple (ROE_SIMPLE) |
|
42.70% |
0.00% |
34.78% |
30.86% |
28.75% |
0.00% |
29.70% |
0.00% |
0.00% |
0.00% |
0.00% |
| Net Operating Profit after Tax (NOPAT) |
|
1,682 |
1,358 |
1,099 |
1,128 |
1,362 |
1,221 |
1,223 |
1,369 |
1,432 |
1,249 |
1,630 |
| NOPAT Margin |
|
37.12% |
33.30% |
30.02% |
29.51% |
32.81% |
30.47% |
30.07% |
30.79% |
30.20% |
28.23% |
33.78% |
| Net Nonoperating Expense Percent (NNEP) |
|
-4.76% |
-1.15% |
-0.27% |
0.03% |
0.00% |
0.37% |
0.76% |
1.16% |
0.97% |
1.13% |
1.01% |
| Return On Investment Capital (ROIC_SIMPLE) |
|
- |
4.83% |
- |
- |
- |
4.00% |
4.18% |
4.50% |
4.67% |
4.12% |
5.29% |
| Cost of Revenue to Revenue |
|
37.89% |
40.37% |
42.78% |
42.15% |
40.40% |
42.25% |
43.16% |
42.11% |
42.58% |
44.11% |
41.99% |
| SG&A Expenses to Revenue |
|
9.97% |
10.74% |
12.43% |
12.17% |
10.31% |
11.13% |
11.60% |
10.90% |
9.64% |
10.08% |
9.62% |
| R&D to Revenue |
|
10.39% |
11.28% |
13.06% |
13.03% |
11.85% |
12.25% |
12.71% |
11.85% |
10.92% |
11.78% |
10.57% |
| Operating Expenses to Revenue |
|
20.37% |
22.03% |
22.10% |
25.20% |
22.16% |
23.38% |
24.31% |
22.75% |
22.35% |
22.59% |
20.54% |
| Earnings before Interest and Taxes (EBIT) |
|
2,020 |
1,646 |
1,409 |
1,378 |
1,685 |
1,489 |
1,404 |
1,611 |
1,725 |
1,513 |
1,855 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
2,340 |
1,983 |
1,771 |
1,759 |
2,087 |
1,924 |
1,848 |
2,092 |
2,242 |
2,070 |
2,417 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
8.42 |
8.84 |
9.19 |
10.22 |
10.92 |
10.05 |
9.97 |
11.50 |
10.05 |
9.62 |
10.50 |
| Price to Tangible Book Value (P/TBV) |
|
11.54 |
12.14 |
12.60 |
13.94 |
14.88 |
13.82 |
13.89 |
15.99 |
13.89 |
13.38 |
14.53 |
| Price to Revenue (P/Rev) |
|
7.73 |
8.53 |
9.29 |
10.94 |
12.00 |
10.86 |
10.19 |
11.31 |
9.67 |
8.86 |
9.56 |
| Price to Earnings (P/E) |
|
19.82 |
23.07 |
26.55 |
33.30 |
38.17 |
35.56 |
33.74 |
37.61 |
33.30 |
31.49 |
33.02 |
| Dividend Yield |
|
3.22% |
3.05% |
2.96% |
2.66% |
2.52% |
2.83% |
2.96% |
2.59% |
2.96% |
3.19% |
2.86% |
| Earnings Yield |
|
5.05% |
4.33% |
3.77% |
3.00% |
2.62% |
2.81% |
2.96% |
2.66% |
3.00% |
3.18% |
3.03% |
| Enterprise Value to Invested Capital (EV/IC) |
|
7.53 |
7.78 |
7.69 |
8.41 |
8.65 |
7.67 |
7.07 |
7.86 |
6.90 |
6.52 |
7.20 |
| Enterprise Value to Revenue (EV/Rev) |
|
7.86 |
8.68 |
9.52 |
11.20 |
12.33 |
11.24 |
10.68 |
11.83 |
10.19 |
9.38 |
10.04 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
14.95 |
16.88 |
18.84 |
22.94 |
25.49 |
23.31 |
22.50 |
24.81 |
21.70 |
20.09 |
20.99 |
| Enterprise Value to EBIT (EV/EBIT) |
|
17.04 |
19.57 |
22.31 |
27.92 |
31.67 |
29.49 |
28.78 |
31.88 |
28.24 |
26.51 |
27.62 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
20.20 |
23.64 |
27.40 |
34.21 |
39.17 |
36.55 |
34.75 |
38.12 |
33.53 |
31.43 |
32.59 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
21.76 |
23.69 |
25.47 |
27.94 |
31.03 |
27.83 |
27.87 |
30.64 |
25.50 |
23.18 |
23.66 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
95.22 |
134.14 |
181.58 |
123.67 |
134.31 |
122.47 |
117.17 |
131.07 |
81.11 |
60.19 |
44.03 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.67 |
0.66 |
0.84 |
0.81 |
0.80 |
0.80 |
0.78 |
0.86 |
0.84 |
0.86 |
0.84 |
| Long-Term Debt to Equity |
|
0.66 |
0.63 |
0.76 |
0.75 |
0.74 |
0.76 |
0.78 |
0.86 |
0.81 |
0.83 |
0.77 |
| Financial Leverage |
|
0.04 |
0.07 |
0.14 |
0.18 |
0.22 |
0.26 |
0.35 |
0.38 |
0.41 |
0.46 |
0.51 |
| Leverage Ratio |
|
1.85 |
1.89 |
1.99 |
1.99 |
1.98 |
2.01 |
2.06 |
2.08 |
2.07 |
2.11 |
2.05 |
| Compound Leverage Factor |
|
1.76 |
1.78 |
1.83 |
1.80 |
1.82 |
1.83 |
1.87 |
1.91 |
1.91 |
1.92 |
1.90 |
| Debt to Total Capital |
|
40.29% |
39.91% |
45.52% |
44.66% |
44.58% |
44.58% |
43.92% |
46.12% |
45.79% |
46.33% |
45.58% |
| Short-Term Debt to Total Capital |
|
1.08% |
2.13% |
4.33% |
3.37% |
3.37% |
2.46% |
0.00% |
0.00% |
1.63% |
1.65% |
3.73% |
| Long-Term Debt to Total Capital |
|
39.21% |
37.78% |
41.19% |
41.29% |
41.22% |
42.12% |
43.92% |
46.12% |
44.16% |
44.68% |
41.85% |
| Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
59.71% |
60.09% |
54.48% |
55.34% |
55.42% |
55.42% |
56.08% |
53.88% |
54.21% |
53.67% |
54.42% |
| Debt to EBITDA |
|
1.18 |
1.25 |
1.67 |
1.77 |
1.83 |
1.80 |
1.69 |
1.77 |
1.73 |
1.70 |
1.59 |
| Net Debt to EBITDA |
|
0.24 |
0.29 |
0.45 |
0.54 |
0.68 |
0.80 |
1.03 |
1.09 |
1.09 |
1.11 |
1.01 |
| Long-Term Debt to EBITDA |
|
1.15 |
1.18 |
1.51 |
1.64 |
1.69 |
1.70 |
1.69 |
1.77 |
1.67 |
1.64 |
1.46 |
| Debt to NOPAT |
|
1.59 |
1.74 |
2.43 |
2.64 |
2.81 |
2.83 |
2.60 |
2.71 |
2.68 |
2.66 |
2.47 |
| Net Debt to NOPAT |
|
0.32 |
0.41 |
0.65 |
0.80 |
1.04 |
1.25 |
1.59 |
1.68 |
1.69 |
1.74 |
1.58 |
| Long-Term Debt to NOPAT |
|
1.55 |
1.65 |
2.20 |
2.44 |
2.60 |
2.67 |
2.60 |
2.71 |
2.58 |
2.57 |
2.27 |
| Altman Z-Score |
|
9.16 |
9.21 |
8.42 |
9.04 |
9.36 |
8.50 |
8.81 |
9.24 |
8.57 |
8.27 |
9.23 |
| Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Current Ratio |
|
5.69 |
4.55 |
4.91 |
4.62 |
4.31 |
4.12 |
5.26 |
5.81 |
4.45 |
4.35 |
4.46 |
| Quick Ratio |
|
4.12 |
3.12 |
3.40 |
3.13 |
2.88 |
2.55 |
2.76 |
2.93 |
2.32 |
2.17 |
2.37 |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
-3,869 |
-3,942 |
-3,856 |
-2,682 |
-2,142 |
-2,153 |
-2,247 |
-2,301 |
-1,646 |
-1,272 |
154 |
| Operating Cash Flow to CapEx |
|
129.65% |
167.60% |
96.31% |
147.93% |
131.61% |
167.76% |
75.60% |
142.53% |
183.11% |
243.68% |
226.53% |
| Free Cash Flow to Firm to Interest Expense |
|
-39.48 |
-40.23 |
-33.24 |
-20.47 |
-16.35 |
-16.56 |
-17.55 |
-17.30 |
-11.67 |
-9.02 |
1.09 |
| Operating Cash Flow to Interest Expense |
|
19.77 |
19.63 |
8.77 |
11.99 |
13.22 |
15.37 |
6.63 |
13.99 |
15.53 |
15.99 |
10.78 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
4.52 |
7.92 |
-0.34 |
3.89 |
3.18 |
6.21 |
-2.14 |
4.17 |
7.05 |
9.43 |
6.02 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.63 |
0.59 |
0.52 |
0.49 |
0.47 |
0.46 |
0.47 |
0.48 |
0.49 |
0.50 |
0.54 |
| Accounts Receivable Turnover |
|
9.02 |
9.52 |
9.47 |
8.78 |
8.19 |
8.92 |
9.09 |
9.15 |
8.80 |
9.60 |
8.98 |
| Inventory Turnover |
|
2.04 |
1.92 |
1.78 |
1.67 |
1.58 |
1.54 |
1.54 |
1.57 |
1.61 |
1.63 |
1.68 |
| Fixed Asset Turnover |
|
2.29 |
2.08 |
1.86 |
1.63 |
1.49 |
1.47 |
1.44 |
1.42 |
1.43 |
1.49 |
1.54 |
| Accounts Payable Turnover |
|
8.62 |
7.86 |
8.72 |
7.34 |
8.63 |
8.07 |
9.51 |
8.05 |
9.33 |
9.64 |
10.46 |
| Days Sales Outstanding (DSO) |
|
40.47 |
38.36 |
38.54 |
41.59 |
44.58 |
40.91 |
40.15 |
39.89 |
41.48 |
38.00 |
40.63 |
| Days Inventory Outstanding (DIO) |
|
178.96 |
189.69 |
205.38 |
218.64 |
230.34 |
237.67 |
237.57 |
232.54 |
226.85 |
224.10 |
217.59 |
| Days Payable Outstanding (DPO) |
|
42.33 |
46.41 |
41.88 |
49.70 |
42.31 |
45.21 |
38.39 |
45.34 |
39.11 |
37.85 |
34.88 |
| Cash Conversion Cycle (CCC) |
|
177.09 |
181.63 |
202.04 |
210.53 |
232.61 |
233.36 |
239.34 |
227.09 |
229.22 |
224.25 |
223.34 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
18,905 |
19,545 |
20,779 |
21,417 |
22,409 |
22,919 |
24,249 |
25,087 |
25,487 |
25,440 |
25,725 |
| Invested Capital Turnover |
|
1.12 |
1.04 |
0.92 |
0.82 |
0.76 |
0.74 |
0.71 |
0.72 |
0.72 |
0.73 |
0.74 |
| Increase / (Decrease) in Invested Capital |
|
5,551 |
5,300 |
4,955 |
3,810 |
3,504 |
3,374 |
3,470 |
3,670 |
3,078 |
2,521 |
1,476 |
| Enterprise Value (EV) |
|
142,291 |
152,067 |
159,866 |
180,174 |
193,749 |
175,810 |
171,430 |
197,301 |
175,896 |
165,782 |
185,139 |
| Market Capitalization |
|
140,017 |
149,419 |
156,070 |
175,971 |
188,608 |
169,794 |
163,587 |
188,617 |
167,036 |
156,615 |
176,192 |
| Book Value per Share |
|
$18.32 |
$18.60 |
$18.66 |
$18.91 |
$18.91 |
$18.53 |
$18.02 |
$18.06 |
$18.29 |
$17.91 |
$18.49 |
| Tangible Book Value per Share |
|
$13.36 |
$13.56 |
$13.62 |
$13.86 |
$13.88 |
$13.47 |
$12.94 |
$12.98 |
$13.23 |
$12.88 |
$13.36 |
| Total Capital |
|
27,853 |
28,120 |
31,172 |
31,105 |
31,161 |
30,499 |
29,254 |
30,446 |
30,673 |
30,321 |
30,828 |
| Total Debt |
|
11,222 |
11,223 |
14,189 |
13,891 |
13,893 |
13,596 |
12,848 |
14,043 |
14,046 |
14,048 |
14,050 |
| Total Long-Term Debt |
|
10,922 |
10,624 |
12,840 |
12,842 |
12,844 |
12,846 |
12,848 |
14,043 |
13,546 |
13,548 |
12,901 |
| Net Debt |
|
2,274 |
2,648 |
3,796 |
4,203 |
5,141 |
6,016 |
7,843 |
8,684 |
8,860 |
9,167 |
8,947 |
| Capital Expenditures (CapEx) |
|
1,494 |
1,148 |
1,056 |
1,062 |
1,316 |
1,191 |
1,123 |
1,305 |
1,196 |
925 |
671 |
| Debt-free, Cash-free Net Working Capital (DFCFNWC) |
|
3,797 |
3,826 |
4,851 |
4,513 |
4,483 |
4,553 |
5,592 |
6,633 |
6,072 |
6,210 |
6,746 |
| Debt-free Net Working Capital (DFNWC) |
|
12,745 |
12,401 |
15,244 |
14,201 |
13,235 |
12,133 |
10,597 |
11,992 |
11,258 |
11,091 |
11,849 |
| Net Working Capital (NWC) |
|
12,445 |
11,802 |
13,895 |
13,152 |
12,186 |
11,383 |
10,597 |
11,992 |
10,758 |
10,591 |
10,700 |
| Net Nonoperating Expense (NNE) |
|
-27 |
-13 |
-5.98 |
0.90 |
0.00 |
16 |
44 |
74 |
68 |
86 |
85 |
| Net Nonoperating Obligations (NNO) |
|
2,274 |
2,648 |
3,796 |
4,203 |
5,141 |
6,016 |
7,843 |
8,684 |
8,860 |
9,167 |
8,947 |
| Total Depreciation and Amortization (D&A) |
|
320 |
337 |
362 |
381 |
402 |
435 |
444 |
481 |
517 |
557 |
562 |
| Debt-free, Cash-free Net Working Capital to Revenue |
|
20.96% |
21.84% |
28.87% |
28.05% |
28.53% |
29.11% |
34.84% |
39.78% |
35.17% |
35.12% |
36.59% |
| Debt-free Net Working Capital to Revenue |
|
70.37% |
70.79% |
90.73% |
88.25% |
84.24% |
77.57% |
66.03% |
71.92% |
65.20% |
62.72% |
64.26% |
| Net Working Capital to Revenue |
|
68.71% |
67.37% |
82.70% |
81.73% |
77.56% |
72.78% |
66.03% |
71.92% |
62.31% |
59.90% |
58.03% |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$1.87 |
$1.50 |
$1.21 |
$1.23 |
$1.48 |
$1.32 |
$1.29 |
$1.42 |
$1.49 |
$1.27 |
$1.69 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
908M |
908M |
910M |
912M |
913M |
912M |
910M |
908M |
909M |
909M |
909M |
| Adjusted Diluted Earnings per Share |
|
$1.85 |
$1.50 |
$1.20 |
$1.22 |
$1.47 |
$1.31 |
$1.28 |
$1.41 |
$1.48 |
$1.28 |
$1.68 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
916M |
916M |
917M |
919M |
920M |
919M |
916M |
912M |
914M |
913M |
914M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
908.20M |
909.29M |
910.48M |
913.05M |
912.22M |
910.33M |
908.47M |
909.14M |
908.62M |
907.55M |
910.09M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
1,682 |
1,358 |
993 |
1,128 |
1,362 |
1,221 |
1,223 |
1,369 |
1,505 |
1,276 |
1,645 |
| Normalized NOPAT Margin |
|
37.12% |
33.30% |
27.13% |
29.51% |
32.81% |
30.47% |
30.07% |
30.79% |
31.74% |
28.84% |
34.09% |
| Pre Tax Income Margin |
|
42.41% |
37.97% |
35.32% |
32.63% |
37.44% |
33.92% |
31.36% |
33.23% |
33.40% |
31.02% |
35.52% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
20.61 |
16.80 |
12.15 |
10.52 |
12.86 |
11.45 |
10.97 |
12.11 |
12.23 |
10.73 |
13.16 |
| NOPAT to Interest Expense |
|
17.17 |
13.85 |
9.47 |
8.61 |
10.40 |
9.39 |
9.56 |
10.30 |
10.16 |
8.86 |
11.56 |
| EBIT Less CapEx to Interest Expense |
|
5.37 |
5.08 |
3.04 |
2.41 |
2.82 |
2.29 |
2.20 |
2.30 |
3.75 |
4.17 |
8.40 |
| NOPAT Less CapEx to Interest Expense |
|
1.92 |
2.14 |
0.37 |
0.50 |
0.35 |
0.23 |
0.78 |
0.48 |
1.67 |
2.30 |
6.80 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
63.36% |
70.00% |
78.13% |
88.01% |
95.39% |
99.92% |
99.53% |
97.20% |
98.14% |
99.96% |
94.13% |
| Augmented Payout Ratio |
|
78.51% |
74.50% |
81.40% |
91.49% |
104.59% |
119.27% |
131.93% |
133.11% |
130.08% |
129.49% |
112.43% |
