| MORGAN STANLEY |
| Q4-CY2025 | Q3-CY2025 | Q2-CY2025 | Q1-CY2025 | Q4-CY2024 | Q3-CY2024 | Q2-CY2024 | Q1-CY2024 | Q4-CY2023 | Q3-CY2023 | Q2-CY2023 | Q1-CY2023 | Q4-CY2022 | Q3-CY2022 | Q2-CY2022 | Q1-CY2022 | Q4-CY2021 | Q3-CY2021 | Q2-CY2021 | Q1-CY2021 | Q4-CY2020 | Q3-CY2020 | Q2-CY2020 | Q1-CY2020 | Q4-CY2019 | Q3-CY2019 | Q2-CY2019 | Q1-CY2019 | Q4-CY2018 | Q3-CY2018 | Q2-CY2018 | Q1-CY2018 | Q4-CY2017 | Q3-CY2017 | Q2-CY2017 | Q1-CY2017 | Q4-CY2016 | Q3-CY2016 | Q2-CY2016 | Q1-CY2016 | Q4-CY2015 | Q3-CY2015 | Q2-CY2015 | Q1-CY2015 | Q4-CY2014 | Q3-CY2014 | Q2-CY2014 | Q1-CY2014 | Q4-CY2013 |
| Balance Sheet Date | | | 2025-Jun-30 | 2025-Mar-31 | 2024-Dec-31 | 2024-Sep-30 | 2024-Jun-30 | 2024-Mar-31 | 2023-Dec-31 | 2023-Sep-30 | 2023-Jun-30 | 2023-Mar-31 | 2022-Dec-31 | 2022-Sep-30 | 2022-Jun-30 | 2022-Mar-31 | 2021-Dec-31 | 2021-Sep-30 | 2021-Jun-30 | 2021-Mar-31 | 2020-Dec-31 | 2020-Sep-30 | 2020-Jun-30 | 2020-Mar-31 | 2019-Dec-31 | 2019-Sep-30 | 2019-Jun-30 | 2019-Mar-31 | 2018-Dec-31 | 2018-Sep-30 | 2018-Jun-30 | 2018-Mar-31 | 2017-Dec-31 | 2017-Sep-30 | 2017-Jun-30 | 2017-Mar-31 | 2016-Dec-31 | 2016-Sep-30 | 2016-Jun-30 | 2016-Mar-31 | 2015-Dec-31 | 2015-Sep-30 | 2015-Jun-30 | 2015-Mar-31 | 2014-Dec-31 | 2014-Sep-30 | 2014-Jun-30 | 2014-Mar-31 | 2013-Dec-31 |
| Fiscal Period | | | Q2-FY2025 | Q1-FY2025 | Q4-FY2024 | Q3-FY2024 | Q2-FY2024 | Q1-FY2024 | Q4-FY2023 | Q3-FY2023 | Q2-FY2023 | Q1-FY2023 | Q4-FY2022 | Q3-FY2022 | Q2-FY2022 | Q1-FY2022 | Q4-FY2021 | Q3-FY2021 | Q2-FY2021 | Q1-FY2021 | Q4-FY2020 | Q3-FY2020 | Q2-FY2020 | Q1-FY2020 | Q4-FY2019 | Q3-FY2019 | Q2-FY2019 | Q1-FY2019 | Q4-FY2018 | Q3-FY2018 | Q2-FY2018 | Q1-FY2018 | Q4-FY2017 | Q3-FY2017 | Q2-FY2017 | Q1-FY2017 | Q4-FY2016 | Q3-FY2016 | Q2-FY2016 | Q1-FY2016 | Q4-FY2015 | Q3-FY2015 | Q2-FY2015 | Q1-FY2015 | Q4-FY2014 | Q3-FY2014 | Q2-FY2014 | Q1-FY2014 | Q4-FY2013 |
| Total Assets | | | 1,353,870,000,000$ | 1,300,296,000,000$ | 1,215,071,000,000$ | 1,258,027,000,000$ | 1,212,447,000,000$ | 1,228,503,000,000$ | 1,193,693,000,000$ | 1,169,013,000,000$ | 1,164,911,000,000$ | 1,199,904,000,000$ | 1,180,231,000,000$ | 1,160,029,000,000$ | 1,173,776,000,000$ | 1,222,233,000,000$ | 1,188,140,000,000$ | 1,190,476,000,000$ | 1,161,805,000,000$ | 1,158,772,000,000$ | 1,115,862,000,000$ | 955,940,000,000$ | 975,363,000,000$ | 947,795,000,000$ | 895,429,000,000$ | 902,604,000,000$ | 891,959,000,000$ | 875,964,000,000$ | 853,531,000,000$ | 865,517,000,000$ | 875,875,000,000$ | 858,495,000,000$ | 851,733,000,000$ | 853,693,000,000$ | 841,016,000,000$ | 832,391,000,000$ | 814,949,000,000$ | 813,891,000,000$ | 828,873,000,000$ | 807,497,000,000$ | 787,465,000,000$ | 834,113,000,000$ | 825,755,000,000$ | 829,099,000,000$ | 801,510,000,000$ | 814,511,000,000$ | 826,568,000,000$ | 831,381,000,000$ | 832,702,000,000$ |
| Total Current Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Cash and Cash Equivalents | | | 109,130,000,000$ | 90,739,000,000$ | 105,386,000,000$ | 91,084,000,000$ | 90,160,000,000$ | 102,305,000,000$ | 89,232,000,000$ | 108,401,000,000$ | 104,994,000,000$ | 111,258,000,000$ | 128,127,000,000$ | 111,696,000,000$ | 131,286,000,000$ | 136,086,000,000$ | 127,725,000,000$ | 123,863,000,000$ | 126,480,000,000$ | 118,118,000,000$ | 105,654,000,000$ | 94,772,000,000$ | 106,276,000,000$ | 131,509,000,000$ | 82,171,000,000$ | | | 80,682,000,000$ | 87,196,000,000$ | 92,481,000,000$ | 81,589,000,000$ | 87,344,000,000$ | 80,395,000,000$ | 80,922,000,000$ | 74,830,000,000$ | 78,881,000,000$ | 77,360,000,000$ | 42,552,000,000$ | 56,133,000,000$ | 53,638,000,000$ | 85,552,000,000$ | 53,518,000,000$ | 46,359,000,000$ | 40,293,000,000$ | 87,591,000,000$ | 55,826,000,000$ | 40,885,000,000$ | 55,424,000,000$ | 59,883,000,000$ |
| Receivables | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Current Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Assets Held for Sale in Short Term | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Noncurrent Assets | | | 1,353,870,000,000$ | 1,300,296,000,000$ | 1,215,071,000,000$ | 1,258,027,000,000$ | 1,212,447,000,000$ | 1,228,503,000,000$ | 1,193,693,000,000$ | 1,169,013,000,000$ | 1,164,911,000,000$ | 1,199,904,000,000$ | 1,180,231,000,000$ | 1,160,029,000,000$ | 1,173,776,000,000$ | 1,222,233,000,000$ | 1,188,140,000,000$ | 1,190,476,000,000$ | 1,161,805,000,000$ | 1,158,772,000,000$ | 1,115,862,000,000$ | 955,940,000,000$ | 975,363,000,000$ | 947,795,000,000$ | 895,429,000,000$ | 902,604,000,000$ | 891,959,000,000$ | 875,964,000,000$ | 853,531,000,000$ | 865,517,000,000$ | 875,875,000,000$ | 858,495,000,000$ | 851,733,000,000$ | 853,693,000,000$ | 841,016,000,000$ | 832,391,000,000$ | 814,949,000,000$ | 813,891,000,000$ | 828,873,000,000$ | 807,497,000,000$ | 787,465,000,000$ | 834,113,000,000$ | 825,755,000,000$ | 829,099,000,000$ | 801,510,000,000$ | 814,511,000,000$ | 826,568,000,000$ | 831,381,000,000$ | 832,702,000,000$ |
| Goodwill | | | 16,734,000,000$ | 16,714,000,000$ | 16,706,000,000$ | 16,735,000,000$ | 16,719,000,000$ | 16,722,000,000$ | 16,707,000,000$ | 16,699,000,000$ | 16,652,000,000$ | 16,657,000,000$ | 16,652,000,000$ | 16,721,000,000$ | 16,757,000,000$ | 16,825,000,000$ | 16,833,000,000$ | 16,832,000,000$ | 16,838,000,000$ | 16,836,000,000$ | 11,635,000,000$ | 7,348,000,000$ | 7,329,000,000$ | 7,125,000,000$ | 7,143,000,000$ | 7,139,000,000$ | 7,158,000,000$ | 6,686,000,000$ | 6,688,000,000$ | 6,680,000,000$ | 6,692,000,000$ | 6,706,000,000$ | 6,597,000,000$ | 6,590,000,000$ | 6,591,000,000$ | 6,588,000,000$ | 6,577,000,000$ | 6,584,000,000$ | 6,581,000,000$ | 6,586,000,000$ | 6,584,000,000$ | 6,587,000,000$ | 6,594,000,000$ | 6,597,000,000$ | 6,588,000,000$ | 6,589,000,000$ | 6,600,000,000$ | 6,601,000,000$ | 6,595,000,000$ |
| Other Intangible Assets | | | 6,185,000,000$ | 6,305,000,000$ | 6,453,000,000$ | 6,620,000,000$ | 6,763,000,000$ | 6,914,000,000$ | 7,055,000,000$ | 7,204,000,000$ | 7,322,000,000$ | 7,470,000,000$ | 7,618,000,000$ | 7,893,000,000$ | 8,046,000,000$ | 8,244,000,000$ | 8,360,000,000$ | 8,514,000,000$ | 8,690,000,000$ | 8,846,000,000$ | 4,980,000,000$ | 1,880,000,000$ | 1,958,000,000$ | 2,021,000,000$ | 2,107,000,000$ | 2,211,000,000$ | 2,276,000,000$ | 2,084,000,000$ | 2,163,000,000$ | 2,240,000,000$ | 2,332,000,000$ | 2,427,000,000$ | 2,448,000,000$ | 2,491,000,000$ | 2,567,000,000$ | 2,644,000,000$ | 2,721,000,000$ | 2,747,000,000$ | 2,833,000,000$ | 2,909,000,000$ | 2,984,000,000$ | 3,069,000,000$ | 3,151,000,000$ | 3,064,000,000$ | 3,159,000,000$ | 3,054,000,000$ | 3,137,000,000$ | 3,210,000,000$ | 3,286,000,000$ |
| Physical Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 6,373,000,000$ | 6,259,000,000$ | 6,182,000,000$ | 6,141,000,000$ | 6,108,000,000$ | 5,642,000,000$ | 5,911,000,000$ | 5,778,000,000$ | 6,019,000,000$ |
| Other Noncurrent Assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Assets Held for Sale in Long Term | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Liabilities | | | 1,244,600,000,000$ | 1,192,449,000,000$ | 1,109,643,000,000$ | 1,153,356,000,000$ | 1,110,841,000,000$ | 1,128,363,000,000$ | 1,093,711,000,000$ | 1,068,855,000,000$ | 1,063,550,000,000$ | 1,097,950,000,000$ | 1,079,000,000,000$ | 1,057,940,000,000$ | 1,071,114,000,000$ | 1,118,158,000,000$ | 1,081,542,000,000$ | 1,083,357,000,000$ | 1,053,643,000,000$ | 1,051,184,000,000$ | 1,012,713,000,000$ | 866,122,000,000$ | 887,354,000,000$ | 860,567,000,000$ | 812,732,000,000$ | 819,054,000,000$ | 809,114,000,000$ | 794,072,000,000$ | 772,125,000,000$ | 785,443,000,000$ | 795,369,000,000$ | 779,006,000,000$ | 773,267,000,000$ | 773,579,000,000$ | 761,049,000,000$ | 753,307,000,000$ | 737,772,000,000$ | 735,429,000,000$ | 750,498,000,000$ | 730,322,000,000$ | 711,281,000,000$ | 757,693,000,000$ | 749,688,000,000$ | 753,633,000,000$ | 729,406,000,000$ | 740,500,000,000$ | 754,367,000,000$ | 761,113,000,000$ | 763,672,000,000$ |
| Total Current Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Accounts Payable | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Short Term Debt | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Short Term Capital Lease Obligations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Current Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Noncurrent Liabilities | | | 1,244,600,000,000$ | 1,192,449,000,000$ | 1,109,643,000,000$ | 1,153,356,000,000$ | 1,110,841,000,000$ | 1,128,363,000,000$ | 1,093,711,000,000$ | 1,068,855,000,000$ | 1,063,550,000,000$ | 1,097,950,000,000$ | 1,079,000,000,000$ | 1,057,940,000,000$ | 1,071,114,000,000$ | 1,118,158,000,000$ | 1,081,542,000,000$ | 1,083,357,000,000$ | 1,053,643,000,000$ | 1,051,184,000,000$ | 1,012,713,000,000$ | 866,122,000,000$ | 887,354,000,000$ | 860,567,000,000$ | 812,732,000,000$ | 819,054,000,000$ | 809,114,000,000$ | 794,072,000,000$ | 772,125,000,000$ | 785,443,000,000$ | 795,369,000,000$ | 779,006,000,000$ | 773,267,000,000$ | 773,579,000,000$ | 761,049,000,000$ | 753,307,000,000$ | 737,772,000,000$ | 735,429,000,000$ | 750,498,000,000$ | 730,322,000,000$ | 711,281,000,000$ | 757,693,000,000$ | 749,688,000,000$ | 753,633,000,000$ | 729,406,000,000$ | 740,500,000,000$ | 754,367,000,000$ | 761,113,000,000$ | 763,672,000,000$ |
| Long Term Debt | | | 320,128,000,000$ | 296,997,000,000$ | 284,307,000,000$ | 291,223,000,000$ | 269,898,000,000$ | 266,150,000,000$ | 260,544,000,000$ | 242,843,000,000$ | 243,820,000,000$ | 245,595,000,000$ | 233,867,000,000$ | 216,361,000,000$ | 221,979,000,000$ | 225,671,000,000$ | 227,363,000,000$ | 224,937,000,000$ | 218,604,000,000$ | 208,267,000,000$ | 213,388,000,000$ | 198,891,000,000$ | 202,238,000,000$ | 192,645,000,000$ | 190,060,000,000$ | 192,362,000,000$ | 196,072,000,000$ | 189,193,000,000$ | 188,117,000,000$ | 189,949,000,000$ | 189,915,000,000$ | 193,708,000,000$ | 191,063,000,000$ | 191,677,000,000$ | 184,112,000,000$ | 172,688,000,000$ | 164,775,000,000$ | 163,927,000,000$ | 163,492,000,000$ | 162,804,000,000$ | 153,768,000,000$ | 160,343,000,000$ | 158,089,000,000$ | 155,545,000,000$ | 152,772,000,000$ | 152,357,000,000$ | 149,483,000,000$ | 153,374,000,000$ | 153,575,000,000$ |
| Long Term Capital Lease Obligations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Noncurrent Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Equity | | | 109,270,000,000$ | 107,847,000,000$ | 105,428,000,000$ | 104,671,000,000$ | 101,606,000,000$ | 100,140,000,000$ | 99,982,000,000$ | 100,158,000,000$ | 101,361,000,000$ | 101,954,000,000$ | 101,231,000,000$ | 102,089,000,000$ | 102,662,000,000$ | 104,075,000,000$ | 106,598,000,000$ | 107,119,000,000$ | 108,162,000,000$ | 107,588,000,000$ | 103,149,000,000$ | 89,818,000,000$ | 88,009,000,000$ | 87,228,000,000$ | 82,697,000,000$ | 83,550,000,000$ | 82,845,000,000$ | 81,892,000,000$ | 81,406,000,000$ | 80,074,000,000$ | 80,506,000,000$ | 79,489,000,000$ | 78,466,000,000$ | 80,114,000,000$ | 79,967,000,000$ | 79,084,000,000$ | 77,177,000,000$ | 78,462,000,000$ | 78,375,000,000$ | 77,175,000,000$ | 76,184,000,000$ | 76,420,000,000$ | 76,067,000,000$ | 75,466,000,000$ | 72,104,000,000$ | 74,011,000,000$ | 72,201,000,000$ | 70,268,000,000$ | 69,030,000,000$ |
| Equity to Minority | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Equity to Common Shareholders | | | 108,184,000,000$ | 106,812,000,000$ | 104,511,000,000$ | 103,647,000,000$ | 100,714,000,000$ | 99,198,000,000$ | 99,038,000,000$ | 99,211,000,000$ | 100,386,000,000$ | 100,826,000,000$ | 100,141,000,000$ | 101,011,000,000$ | 101,596,000,000$ | 102,901,000,000$ | 105,441,000,000$ | 105,903,000,000$ | 106,870,000,000$ | 106,259,000,000$ | 101,781,000,000$ | 88,394,000,000$ | 86,645,000,000$ | 85,860,000,000$ | 81,549,000,000$ | 82,382,000,000$ | 81,724,000,000$ | 80,724,000,000$ | 80,246,000,000$ | 78,703,000,000$ | 79,109,000,000$ | 78,034,000,000$ | 77,391,000,000$ | 78,978,000,000$ | 78,826,000,000$ | 77,924,000,000$ | 76,050,000,000$ | 77,149,000,000$ | 77,116,000,000$ | 76,010,000,000$ | 75,182,000,000$ | 75,287,000,000$ | 75,038,000,000$ | 74,162,000,000$ | 70,900,000,000$ | 72,918,000,000$ | 70,755,000,000$ | 67,071,000,000$ | 65,921,000,000$ |
| Additional Paid-In Capital | | | 30,263,000,000$ | 29,773,000,000$ | 30,179,000,000$ | 29,820,000,000$ | 29,459,000,000$ | 29,046,000,000$ | 29,832,000,000$ | 29,595,000,000$ | 29,245,000,000$ | 28,856,000,000$ | 29,339,000,000$ | 28,893,000,000$ | 28,394,000,000$ | 28,007,000,000$ | 28,841,000,000$ | 28,504,000,000$ | 28,030,000,000$ | 27,406,000,000$ | 25,546,000,000$ | 24,015,000,000$ | 23,782,000,000$ | 23,428,000,000$ | 23,935,000,000$ | 23,649,000,000$ | 23,446,000,000$ | 23,178,000,000$ | 23,794,000,000$ | 23,664,000,000$ | 23,454,000,000$ | 23,260,000,000$ | 23,545,000,000$ | 23,389,000,000$ | 23,140,000,000$ | 22,880,000,000$ | 23,271,000,000$ | 22,995,000,000$ | 22,697,000,000$ | 22,526,000,000$ | 24,153,000,000$ | 23,876,000,000$ | 23,655,000,000$ | 23,355,000,000$ | 24,249,000,000$ | 23,922,000,000$ | 23,608,000,000$ | 23,364,000,000$ | 24,570,000,000$ |
| Retained Earnings | | | 109,567,000,000$ | 107,653,000,000$ | 104,989,000,000$ | 102,911,000,000$ | 101,374,000,000$ | 99,811,000,000$ | 97,996,000,000$ | 98,007,000,000$ | 97,151,000,000$ | 96,392,000,000$ | 94,862,000,000$ | 94,055,000,000$ | 92,889,000,000$ | 91,722,000,000$ | 89,432,000,000$ | 87,099,000,000$ | 84,791,000,000$ | 82,034,000,000$ | 78,694,000,000$ | 76,061,000,000$ | 74,015,000,000$ | 71,518,000,000$ | 70,589,000,000$ | 69,071,000,000$ | 67,588,000,000$ | 66,061,000,000$ | 64,175,000,000$ | 63,330,000,000$ | 61,835,000,000$ | 60,009,000,000$ | 57,577,000,000$ | 57,554,000,000$ | 56,325,000,000$ | 55,109,000,000$ | 53,679,000,000$ | 52,545,000,000$ | 51,410,000,000$ | 50,272,000,000$ | 49,204,000,000$ | 48,746,000,000$ | 48,106,000,000$ | 46,740,000,000$ | 44,625,000,000$ | 46,573,000,000$ | 45,145,000,000$ | 43,522,000,000$ | 42,172,000,000$ |
| Treasury Stock | | | 35,503,000,000$ | 34,423,000,000$ | 33,613,000,000$ | 32,868,000,000$ | 32,129,000,000$ | 31,372,000,000$ | 31,139,000,000$ | 29,959,000,000$ | 28,480,000,000$ | 27,481,000,000$ | 26,577,000,000$ | 24,949,000,000$ | 22,436,000,000$ | 19,696,000,000$ | 17,500,000,000$ | 14,769,000,000$ | 11,198,000,000$ | 8,197,000,000$ | 9,767,000,000$ | 19,685,000,000$ | 19,693,000,000$ | 19,721,000,000$ | 18,727,000,000$ | 17,280,000,000$ | 15,799,000,000$ | 14,582,000,000$ | 13,971,000,000$ | 12,832,000,000$ | 11,650,000,000$ | 10,369,000,000$ | 9,211,000,000$ | 7,961,000,000$ | 6,691,000,000$ | 6,155,000,000$ | 5,797,000,000$ | 4,861,000,000$ | 3,626,000,000$ | 3,090,000,000$ | 4,059,000,000$ | 3,456,000,000$ | 2,816,000,000$ | 2,207,000,000$ | 2,766,000,000$ | 2,502,000,000$ | 2,305,000,000$ | 2,087,000,000$ | 2,968,000,000$ |
| Capital Lease Obligations | | | | | 4,937,000,000$ | | | | 5,417,000,000$ | | | | 4,901,000,000$ | | | | 5,157,000,000$ | | | | 5,327,000,000$ | | | | 4,778,000,000$ | 4,535,000,000$ | 4,595,000,000$ | 4,653,000,000$ | | | | | | | | | | | | | | | | | | | | | |