Net Income | 6,751 | 5,560 | 5,428 | 4,756 | 4,822 | 5,260 | |
Depreciation & Amortization | 590 | 585 | 618 | 618 | 576 | 571 | |
Other Amortization | 272 | 272 | 254 | 238 | 212 | 186 | |
Asset Writedown & Restructuring Costs | 78 | 78 | - | - | - | - | |
Loss (Gain) From Sale of Investments | -35 | -35 | -10 | 29 | -4 | -11 | |
Stock-Based Compensation | 1,857 | 1,833 | 1,718 | 1,440 | 1,069 | 909 | |
Other Operating Activities | -423 | -381 | -351 | 421 | 263 | -1,374 | |
Change in Accounts Receivable | 143 | 143 | -159 | -198 | -430 | 106 | |
Change in Accounts Payable | 44 | 44 | -49 | 66 | -20 | 96 | |
Change in Unearned Revenue | 380 | 309 | 536 | 536 | 1,053 | 258 | |
Change in Income Taxes | 68 | 68 | -11 | 19 | 2 | -72 | |
Change in Other Net Operating Assets | -361 | -420 | -672 | -87 | -313 | -202 | |
Operating Cash Flow | 9,364 | 8,056 | 7,302 | 7,838 | 7,230 | 5,727 | |
Operating Cash Flow Growth | 38.05% | 10.33% | -6.84% | 8.41% | 26.24% | 29.51% | |
Capital Expenditures | -172 | -183 | -360 | -442 | -348 | -419 | |
Cash Acquisitions | - | - | - | -126 | -2,682 | - | |
Investment in Securities | -229 | 332 | 1,136 | -2 | -507 | 5 | |
Investing Cash Flow | -401 | 149 | 776 | -570 | -3,537 | -414 | |
Long-Term Debt Issued | - | 1,997 | - | - | - | 3,144 | |
Long-Term Debt Repaid | - | - | -500 | - | - | -3,150 | |
Net Debt Issued (Repaid) | 2,494 | 1,997 | -500 | - | - | -6 | |
Issuance of Common Stock | 361 | 361 | 314 | 278 | 291 | 270 | |
Repurchase of Common Stock | -11,365 | -10,177 | -4,989 | -7,068 | -4,669 | -3,731 | |
Other Financing Activities | 73 | 95 | -7 | -35 | 77 | -21 | |
Financing Cash Flow | -8,437 | -7,724 | -5,182 | -6,825 | -4,301 | -3,488 | |
Foreign Exchange Rate Adjustments | -22 | -9 | 9 | -51 | -26 | 3 | |
Net Cash Flow | 504 | 472 | 2,905 | 392 | -634 | 1,828 | |
Free Cash Flow | 9,192 | 7,873 | 6,942 | 7,396 | 6,882 | 5,308 | |
Free Cash Flow Growth | 41.70% | 13.41% | -6.14% | 7.47% | 29.65% | 31.81% | |
Free Cash Flow Margin | 41.71% | 36.61% | 35.77% | 42.01% | 43.60% | 41.25% | |
Free Cash Flow Per Share | 20.65 | 17.51 | 15.12 | 15.71 | 14.31 | 10.93 | |
Cash Interest Paid | 143 | 143 | 106 | 103 | 100 | 88 | |
Cash Income Tax Paid | 1,727 | 1,727 | 1,854 | 778 | 843 | 469 | |
Levered Free Cash Flow | 8,338 | 7,953 | 6,611 | 6,272 | 5,784 | 4,365 | |
Unlevered Free Cash Flow | 8,466 | 8,059 | 6,681 | 6,342 | 5,854 | 4,437 | |
Change in Net Working Capital | -890 | -665 | -295 | -677 | -698 | -542 | |