Operating ActivitiesJun '25Dec '24Jun '24Dec '23Jun '23Dec '22Jul '22Dec '21Jul '21Dec '20Jun '20Dec '19Jun '19Dec '18

Net Income

7,138

5,063

5,586

5,069

5,634

4,878

Depreciation & Amortization

546

544

531

561

567

614

Stock Based Compensation

130

146

140

134

120

167

Other Adjustments

26

189

840

296

64

-508

Changes in Other Operating Activities

-9,231

-3,250

-2,984

910

-1,756

1,321

Cash from Operating Activities

-1,391

2,692

4,113

6,970

4,629

6,472

Investing ActivitiesJun '25Dec '24Jun '24Dec '23Jun '23Dec '22Jul '22Dec '21Jul '21Dec '20Jun '20Dec '19Jun '19Dec '18

Capital Expenditure

-751

-1,272

-792

-1,237

-615

-997

Proceeds from Sale of Property, Plant & Equipment

13

19

21

36

38

42

Purchases of Investments

-2,865

-1,813

-3,827

-4,595

-2,103

-1,711

Proceeds from Sale of Investments

2,201

3,927

2,662

2,746

1,608

2,499

Payments for Business Acquisitions

-179

-290

-25

-19

-43

-67

Proceeds from Business Divestments

973

578

2,907

110

320

240

Other Investing Activities

330

378

51

376

29

376

Cash from Investing Activities

-278

1,527

997

-2,583

-766

382

Financing ActivitiesJun '25Dec '24Jun '24Dec '23Jun '23Dec '22Jul '22Dec '21Jul '21Dec '20Jun '20Dec '19Jun '19Dec '18

Issuance of Long-Term Debt

5,320

5,229

6,832

2,253

4,638

716

Repayments of Long-Term Debt

-2,630

-4,799

-4,734

-2,668

-2,366

-3,114

Net Issuance / (Repayments) of Long-Term Debt

2,690

430

2,098

-415

2,272

-2,398

Issuance of Common Shares

223

310

437

180

359

185

Repurchases of Common Shares

-472

-921

-874

-1,205

-1,084

-208

Net Issuance / (Repurchases) of Common Shares

-249

-611

-437

-1,025

-725

-23

Common Share Dividends Paid

-2,283

-6,175

-2,184

-5,863

-2,089

-3,806

Other Financing Activities

-106

-22

-9

-9

-456

-73

Cash from Financing Activities

52

-6,378

-532

-7,312

-998

-6,300

Free Cash FlowJun '25Dec '24Jun '24Dec '23Jun '23Dec '22Jul '22Dec '21Jul '21Dec '20Jun '20Dec '19Jun '19Dec '18

Free Cash Flow

-2,142

1,420

3,321

5,733

4,014

5,475

NOPAT

6,401.1

4,271.5

3,864.1

4,668.1

4,687.3

4,237.1

Levered Free Cash Flow

394

1,495

4,441

4,879

6,122

3,396

Unlevered Free Cash Flow

-3,034.9

293.5

619.1

4,902.1

2,883.3

5,175.1

Net Change in Cash

-1,617

-2,159

4,578

-2,925

2,865

554