Net Income | 452 | 435 | 430 | 551 | 304 | -475 | |
Depreciation & Amortization | 339 | 327 | 332 | 339 | 306 | 261 | |
Loss (Gain) From Sale of Assets | -1 | -32 | -42 | - | - | - | |
Asset Writedown & Restructuring Costs | 39 | 57 | - | - | - | - | |
Loss (Gain) From Sale of Investments | -28 | -6 | -3 | 46 | 4 | -2 | |
Stock-Based Compensation | 61 | 52 | 49 | 39 | 45 | 608 | |
Other Operating Activities | -9 | 69 | 40 | -146 | 60 | 41 | |
Change in Accounts Receivable | -8 | -110 | -113 | -195 | -58 | 18 | |
Change in Inventory | 9 | 30 | -12 | -22 | -19 | -2 | |
Change in Accounts Payable | 18 | 86 | 77 | -21 | 91 | -32 | |
Change in Unearned Revenue | 75 | -133 | -58 | 86 | 47 | 114 | |
Change in Other Net Operating Assets | -54 | -21 | -13 | 65 | -142 | -68 | |
Operating Cash Flow | 893 | 754 | 687 | 742 | 638 | 463 | |
Operating Cash Flow Growth | 19.71% | 9.75% | -7.41% | 16.30% | 37.80% | 15.75% | |
Capital Expenditures | -133 | -116 | -127 | -135 | -93 | -85 | |
Cash Acquisitions | - | - | - | - | - | -81 | |
Divestitures | 2 | 19 | 45 | - | - | - | |
Sale (Purchase) of Intangibles | -225 | -187 | -114 | -191 | -481 | -40 | |
Investment in Securities | -32 | -27 | -104 | -498 | -64 | -13 | |
Investing Cash Flow | -388 | -311 | -300 | -824 | -638 | -219 | |
Long-Term Debt Issued | - | 104 | 165 | 535 | 1,093 | 1,450 | |
Total Debt Issued | 62 | 104 | 165 | 535 | 1,093 | 1,450 | |
Long-Term Debt Repaid | - | -104 | -1 | - | -849 | -1,375 | |
Total Debt Repaid | -62 | -104 | -1 | - | -849 | -1,375 | |
Net Debt Issued (Repaid) | - | - | 164 | 535 | 244 | 75 | |
Repurchase of Common Stock | -21 | -5 | - | -6 | - | - | |
Common Dividends Paid | -372 | -361 | -340 | -318 | -265 | -344 | |
Other Financing Activities | -61 | -30 | -149 | -23 | -40 | -47 | |
Financing Cash Flow | -454 | -396 | -325 | 188 | -61 | -316 | |
Foreign Exchange Rate Adjustments | -1 | 6 | -5 | -21 | 7 | 6 | |
Net Cash Flow | 50 | 53 | 57 | 85 | -54 | -66 | |
Free Cash Flow | 760 | 638 | 560 | 607 | 545 | 378 | |
Free Cash Flow Growth | 22.58% | 13.93% | -7.74% | 11.38% | 44.18% | 27.70% | |
Free Cash Flow Margin | 12.00% | 9.93% | 9.28% | 10.26% | 10.28% | 8.47% | |
Free Cash Flow Per Share | 1.47 | 1.23 | 1.09 | 1.18 | 1.06 | 0.75 | |
Cash Interest Paid | 164 | 183 | 157 | 122 | 137 | 128 | |
Cash Income Tax Paid | 164 | 135 | 219 | 141 | 124 | 81 | |
Levered Free Cash Flow | 789.5 | 778.75 | 552.75 | 513.88 | 235.38 | 403 | |
Unlevered Free Cash Flow | 900.75 | 892.5 | 650.88 | 592 | 311.63 | 482.38 | |
Change in Net Working Capital | -280 | -164 | 36 | -65 | -154 | 191 | |