Financials
Value 202020212022202320242025 TTM Selling/general/admin expenses 17.45 B15.91 B17.69 B20.09 B20.02 B20.98 B 22.01 B Research & development —————— — Operating income 6.36 B7.49 B8.45 B8.5 B7.86 B7.2 B 6.12 B Non-Operating Income, Total 1.07 B1.32 B1.5 B1.86 B2.09 B2.23 B — Interest expense, net of interest capitalized 784 M798 M851 M1.03 B1.19 B1.4 B 1.42 B Non-Operating Income, excl. Interest Expenses 286 M522 M649 M830 M903 M829 M — Unusual income/expense —————— — Pretax income 6.24 B7.92 B7.77 B7.71 B7.9 B6.71 B 6.22 B Equity in earnings —562 M293 M-33 M1 M398 M 577 M Taxes 1.67 B1.83 B1.75 B1.72 B1.93 B1.05 B 980 M Non-controlling/minority interest —-9 M-6 M4 M-9 M-1 M -6 M After tax other income/expense —————— — Net income before discontinued operations 4.57 B6.1 B6.03 B5.99 B5.98 B5.66 B 5.24 B Discontinued operations —————— — Net income 4.57 B6.1 B6.03 B5.99 B5.98 B5.66 B 5.24 B Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders 4.57 B6.1 B6.03 B5.99 B5.98 B5.66 B 5.24 B Basic earnings per share (Basic EPS) 18.2325.0425.125.3825.8125.28 23.67 Diluted earnings per share (Diluted EPS) 17.9824.7324.8125.2225.6825.21 23.6 Average basic shares outstanding 250.8 M243.8 M240 M235.9 M231.7 M224 M — Diluted shares outstanding 254.3 M246.8 M242.8 M237.4 M232.9 M224.6 M — EBITDA 23.9 B24.48 B26.66 B28.79 B29.36 B29.32 B 7.59 B EBIT 22.59 B23 B24.93 B26.91 B28.67 B28.59 B 7.25 B Cost of revenue 97 B113.54 B129.52 B141.62 B147.32 B169.4 B 170.18 B Other cost of goods sold —————— — Depreciation & amortization (cash flow) 1.18 B1.25 B1.67 B1.86 B685 M722 M 1.05 B