Net Income | 1,186 | 986 | 1,274 | 937 | 730 | |
Depreciation & Amortization | 243 | 221 | 206 | 161 | 166 | |
Other Amortization | - | 34 | 42 | 33 | 41 | |
Loss (Gain) From Sale of Assets | - | - | - | - | -156 | |
Stock-Based Compensation | 386 | 357 | 312 | 245 | 197 | |
Other Operating Activities | -59 | 85 | -621 | -143 | 70 | |
Change in Accounts Receivable | -219 | -33 | 260 | -313 | 62 | |
Change in Inventory | -1 | -18 | 37 | -90 | 31 | |
Change in Accounts Payable | -8 | 123 | -207 | 181 | -11 | |
Change in Unearned Revenue | 208 | -14 | 46 | 384 | 193 | |
Change in Income Taxes | -207 | -106 | -76 | -45 | -57 | |
Change in Other Net Operating Assets | -23 | 50 | -166 | -139 | 67 | |
Operating Cash Flow | 1,506 | 1,685 | 1,107 | 1,211 | 1,333 | |
Operating Cash Flow Growth | -10.62% | 52.21% | -8.59% | -9.15% | 25.75% | |
Capital Expenditures | -168 | -155 | -239 | -226 | -162 | |
Sale of Property, Plant & Equipment | - | - | - | - | 371 | |
Cash Acquisitions | - | - | -491 | -380 | -350 | |
Investment in Securities | 245 | -580 | -719 | 45 | 160 | |
Other Investing Activities | 70 | - | 59 | - | 2 | |
Investing Cash Flow | 147 | -735 | -1,390 | -561 | 21 | |
Long-Term Debt Issued | 1,240 | - | - | - | 2,057 | |
Total Debt Issued | 1,240 | - | - | - | 2,057 | |
Short-Term Debt Repaid | - | - | - | - | -420 | |
Long-Term Debt Repaid | -400 | - | -250 | - | -689 | |
Total Debt Repaid | -400 | - | -250 | - | -1,109 | |
Net Debt Issued (Repaid) | 840 | - | -250 | - | 948 | |
Issuance of Common Stock | 108 | 100 | 108 | 105 | 98 | |
Repurchase of Common Stock | -1,349 | -1,027 | -934 | -674 | -167 | |
Common Dividends Paid | -424 | -416 | -432 | -446 | -427 | |
Other Financing Activities | -3 | -1 | -5 | -2 | -8 | |
Financing Cash Flow | -828 | -1,344 | -1,513 | -1,017 | 444 | |
Foreign Exchange Rate Adjustments | 15 | -19 | -1 | -49 | 71 | |
Net Cash Flow | 840 | -413 | -1,797 | -416 | 1,869 | |
Free Cash Flow | 1,338 | 1,530 | 868 | 985 | 1,171 | |
Free Cash Flow Growth | -12.55% | 76.27% | -11.88% | -15.88% | 25.11% | |
Free Cash Flow Margin | 20.36% | 24.41% | 13.64% | 15.59% | 20.39% | |
Free Cash Flow Per Share | 6.40 | 7.18 | 3.94 | 4.30 | 5.18 | |
Cash Interest Paid | - | 59 | 65 | 67 | 57 | |
Cash Income Tax Paid | - | 357 | 386 | 398 | 338 | |
Levered Free Cash Flow | 1,234 | 1,420 | 969.5 | 764.25 | 1,128 | |
Unlevered Free Cash Flow | 1,234 | 1,460 | 1,011 | 809.88 | 1,174 | |
Change in Net Working Capital | 120 | -210 | 34 | 155 | -349 | |