S&P Global Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,745	1,666	1,290	1,286	6,497
Short-Term Investments	56	20	26	14	11
Cash & Short-Term Investments	1,801	1,686	1,316	1,300	6,508
Cash Growth	6.82%	28.12%	1.23%	-80.03%	58.08%
Receivables	3,441	2,867	2,826	2,494	1,650
Prepaid Expenses	845	902	922	566	311
Restricted Cash	-	-	1	1	8
Other Current Assets	209	4	78	1,306	333
Total Current Assets	6,296	5,459	5,143	5,667	8,810
Property, Plant & Equipment	691	678	637	720	667
Long-Term Investments	603	1,774	1,921	1,897	165
Goodwill	36,475	34,917	34,850	34,545	3,506
Other Intangible Assets	16,453	16,690	17,507	18,375	1,328
Long-Term Deferred Tax Assets	-	-	64	81	56
Other Long-Term Assets	682	703	467	499	494
Total Assets	61,200	60,221	60,589	61,784	15,026
Accounts Payable	610	553	557	450	205
Accrued Expenses	1,034	1,103	906	753	607
Short-Term Debt	715	-	-	226	-
Current Portion of Long-Term Debt	3	4	47	-	-
Current Portion of Leases	124	109	105	118	96
Current Income Taxes Payable	180	199	121	116	90
Current Unearned Revenue	4,088	3,694	3,461	3,126	2,217
Other Current Liabilities	883	730	928	1,210	600
Total Current Liabilities	7,637	6,392	6,125	5,999	3,815
Long-Term Debt	12,370	11,394	11,412	10,730	4,384
Long-Term Leases	494	535	541	577	492
Pension & Post-Retirement Benefits	178	180	199	180	262
Long-Term Deferred Tax Liabilities	3,262	3,397	3,690	4,065	147
Other Long-Term Liabilities	1,107	815	522	489	390
Total Liabilities	25,048	22,713	22,489	22,040	9,490
Common Stock	415	415	415	415	294
Additional Paid-In Capital	44,117	44,321	44,231	44,422	1,031
Retained Earnings	23,666	20,977	18,728	17,784	15,017
Treasury Stock	-36,374	-31,671	-28,411	-25,347	-13,469
Comprehensive Income & Other	-697	-883	-763	-886	-841
Total Common Equity	31,127	33,159	34,200	36,388	2,032
Minority Interest	5,025	4,349	3,900	3,356	3,504
Shareholders' Equity	36,152	37,508	38,100	39,744	5,536
Total Liabilities & Equity	61,200	60,221	60,589	61,784	15,026
Total Debt	13,706	12,042	12,105	11,651	4,972
Net Cash (Debt)	-11,905	-10,356	-10,789	-10,351	1,536
Net Cash Per Share	-39.02	-33.20	-33.83	-32.50	6.35
Filing Date Shares Outstanding	298.8	307.8	314.1	322	241.1
Total Common Shares Outstanding	298.8	307.8	314.1	321.9	241
Working Capital	-1,341	-933	-982	-332	4,995
Book Value Per Share	104.17	107.73	108.88	113.04	8.43
Tangible Book Value	-21,801	-18,448	-18,157	-16,532	-2,802
Tangible Book Value Per Share	-72.96	-59.94	-57.81	-51.36	-11.63
Buildings	444	433	424	468	346
Machinery	695	655	628	688	515

Source: S&P Global Market Intelligence. Standard template. Financial Sources.