Net Income | 12,874 | 11,195 | 9,930 | 8,687 | 6,411 | |
Depreciation & Amortization | 1,042 | 940 | 887 | 848 | 703 | |
Other Amortization | 1,830 | 1,622 | 1,586 | 1,371 | 1,072 | |
Loss (Gain) From Sale of Investments | 29 | 61 | 145 | -645 | -30 | |
Stock-Based Compensation | 526 | 460 | 295 | 273 | 254 | |
Other Operating Activities | -481 | -355 | -744 | -155 | -36 | |
Change in Accounts Receivable | 186 | -546 | -481 | -7 | 1,202 | |
Change in Accounts Payable | 75 | -99 | 190 | 100 | 26 | |
Change in Income Taxes | -328 | -300 | -109 | -139 | -39 | |
Change in Other Net Operating Assets | -973 | -998 | -504 | -870 | -2,339 | |
Operating Cash Flow | 14,780 | 11,980 | 11,195 | 9,463 | 7,224 | |
Operating Cash Flow Growth | 23.37% | 7.01% | 18.30% | 30.99% | -11.72% | |
Capital Expenditures | -474 | -371 | -442 | -407 | -339 | |
Cash Acquisitions | -2,511 | - | -313 | -4,436 | -989 | |
Sale (Purchase) of Intangibles | -720 | -717 | -655 | -407 | -369 | |
Investment in Securities | 306 | -257 | -57 | -55 | -10 | |
Other Investing Activities | -3 | -6 | -3 | 33 | -172 | |
Investing Cash Flow | -3,402 | -1,351 | -1,470 | -5,272 | -1,879 | |
Long-Term Debt Issued | 3,960 | 1,554 | 1,123 | 2,024 | 3,959 | |
Long-Term Debt Repaid | -1,336 | - | -724 | -650 | - | |
Net Debt Issued (Repaid) | 2,624 | 1,554 | 399 | 1,374 | 3,959 | |
Issuance of Common Stock | 224 | 237 | 90 | 61 | 97 | |
Repurchase of Common Stock | -11,213 | -9,121 | -8,894 | -6,037 | -4,623 | |
Common Dividends Paid | -2,448 | -2,158 | -1,903 | -1,741 | -1,605 | |
Other Financing Activities | -23 | - | -20 | -212 | 20 | |
Financing Cash Flow | -10,836 | -9,488 | -10,328 | -6,555 | -2,152 | |
Foreign Exchange Rate Adjustments | -199 | 128 | -103 | -153 | 257 | |
Net Cash Flow | 343 | 1,269 | -706 | -2,517 | 3,450 | |
Free Cash Flow | 14,306 | 11,609 | 10,753 | 9,056 | 6,885 | |
Free Cash Flow Growth | 23.23% | 7.96% | 18.74% | 31.53% | -11.29% | |
Free Cash Flow Margin | 50.79% | 46.26% | 48.36% | 47.96% | 45.00% | |
Free Cash Flow Per Share | 15.43 | 12.27 | 11.07 | 9.13 | 6.84 | |
Cash Interest Paid | 571 | 477 | 414 | 399 | 311 | |
Cash Income Tax Paid | 3,252 | 2,746 | 2,506 | 1,820 | 1,349 | |
Levered Free Cash Flow | 14,464 | 11,112 | 10,677 | 8,458 | 6,169 | |
Unlevered Free Cash Flow | 14,868 | 11,471 | 10,971 | 8,728 | 6,406 | |
Change in Net Working Capital | -2,381 | -445 | -1,371 | -632 | 16 | |