Net Income | 1,486 | 1,597 | 1,325 | 1,575 | 904 | |
Depreciation & Amortization | 175 | 153 | 146 | 164 | 146 | |
Loss (Gain) From Sale of Assets | - | - | - | - | -8 | |
Asset Writedown & Restructuring Costs | 12 | 13 | 10 | 19 | 172 | |
Stock-Based Compensation | 69 | 95 | 84 | 75 | 97 | |
Other Operating Activities | 33 | -164 | -33 | -129 | -94 | |
Change in Accounts Receivable | -53 | -89 | -84 | -46 | 62 | |
Change in Accounts Payable | 8 | -30 | -39 | 122 | 128 | |
Change in Income Taxes | -29 | 43 | 17 | -41 | -110 | |
Change in Other Net Operating Assets | -12 | -15 | 1 | -33 | 8 | |
Operating Cash Flow | 1,689 | 1,603 | 1,427 | 1,706 | 1,305 | |
Operating Cash Flow Growth | 5.37% | 12.33% | -16.35% | 30.73% | -0.76% | |
Capital Expenditures | -257 | -285 | -279 | -230 | -160 | |
Cash Acquisitions | -174 | - | - | - | -408 | |
Divestitures | 49 | 181 | 73 | 85 | 19 | |
Investment in Securities | 13 | - | - | - | 206 | |
Other Investing Activities | -53 | -3 | 4 | -28 | 8 | |
Investing Cash Flow | -422 | -107 | -202 | -173 | -335 | |
Short-Term Debt Issued | 345 | - | 279 | - | 95 | |
Long-Term Debt Issued | 237 | - | 999 | 4,150 | 1,650 | |
Total Debt Issued | 582 | - | 1,278 | 4,150 | 1,745 | |
Short-Term Debt Repaid | - | -279 | - | - | -100 | |
Long-Term Debt Repaid | -479 | -397 | -699 | -3,657 | -1,517 | |
Total Debt Repaid | -479 | -676 | -699 | -3,657 | -1,617 | |
Net Debt Issued (Repaid) | 103 | -676 | 579 | 493 | 128 | |
Repurchase of Common Stock | -441 | -50 | -1,200 | -1,591 | -239 | |
Common Dividends Paid | -752 | -678 | -649 | -592 | -566 | |
Other Financing Activities | -73 | -25 | -53 | -77 | -61 | |
Financing Cash Flow | -1,163 | -1,429 | -1,323 | -1,767 | -738 | |
Foreign Exchange Rate Adjustments | -21 | 10 | -26 | -19 | 24 | |
Net Cash Flow | 83 | 77 | -124 | -253 | 256 | |
Free Cash Flow | 1,432 | 1,318 | 1,148 | 1,476 | 1,145 | |
Free Cash Flow Growth | 8.65% | 14.81% | -22.22% | 28.91% | 2.32% | |
Free Cash Flow Margin | 18.97% | 18.63% | 16.78% | 22.42% | 20.26% | |
Free Cash Flow Per Share | 5.03 | 4.63 | 3.96 | 4.89 | 3.73 | |
Cash Interest Paid | 510 | 526 | 486 | 471 | 480 | |
Cash Income Tax Paid | 494 | 432 | 371 | 308 | 328 | |
Levered Free Cash Flow | 1,155 | 1,167 | 734.25 | 1,054 | 805.88 | |
Unlevered Free Cash Flow | 1,494 | 1,543 | 1,083 | 1,399 | 1,155 | |
Change in Net Working Capital | 80 | -100 | 203 | -37 | -11 | |