MARRIOTT INTERNATIONAL INC /MD/ (MAR)
Q2-CY2026Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-30
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014
Close Price of Common Stock366.63$327.01$310.40$260.49$273.34$238.35$278.92$248.57$241.78$252.24$225.51$196.48$183.71$166.13$148.88$140.14$136.01$175.82$165.28$148.09$136.53$148.18$131.92$92.57$85.82$74.75$151.38$124.33$140.29$125.07$108.45$132.05$126.62$135.99$135.65$110.26$
Market Cap of Common Stock97,151,287,033$86,652,599,004$83,295,055,409$70,712,052,481$74,866,765,167$65,711,974,278$77,510,036,053$69,978,113,945$69,057,773,475$73,019,781,657$66,230,335,887$58,598,113,268$55,729,192,182$51,188,168,145$47,126,417,583$45,482,627,310$44,515,853,480$57,372,019,536$53,828,902,768$48,226,450,649$44,459,429,866$48,071,688,747$42,785,839,975$30,020,224,825$27,827,643,741$24,233,416,166$49,491,756,212$40,949,182,215$46,715,003,522$42,482,381,694$36,995,581,035$45,819,783,491$44,741,857,709$48,607,896,931$49,455,451,039$41,061,180,551$
QoQ%12.12%4.03%17.80%(5.55%)13.93%(15.22%)10.76%1.33%(5.43%)10.25%13.03%5.15%8.87%8.62%3.61%2.17%(22.41%)6.58%11.62%8.47%(7.51%)12.35%42.52%7.88%14.83%(51.04%)20.86%(12.34%)9.96%14.83%(19.26%)2.41%(7.95%)(1.71%)20.44%
YoY%29.77%31.87%7.46%1.05%8.41%(10.01%)17.03%19.42%23.92%42.65%40.54%28.84%25.19%(10.78%)(12.45%)(5.69%).13%19.35%25.81%60.65%59.77%98.37%(13.55%)(26.69%)(40.43%)(42.96%)33.78%(10.63%)4.41%(12.60%)(25.19%)11.59%
Common Shares Outstanding264,984,554265,864,771269,400,000272,100,000275,000,000276,700,000278,600,000282,900,000287,000,000290,500,000295,200,000299,600,000304,700,000310,600,000319,300,000325,400,000327,300,000326,300,000325,700,000325,600,000325,600,000324,400,000324,300,000324,300,000324,200,000324,000,000326,900,000330,600,000334,100,000339,100,000342,000,000348,700,000354,800,000359,100,000366,400,000374,000,000381,000,000386,100,000390,500,000254,400,000254,200,000256,300,000257,500,000267,300,000276,300,000279,900,000286,900,000290,700,000
QoQ%(.33%)(1.31%)(.99%)(1.06%)(.61%)(.68%)(1.52%)(1.43%)(1.21%)(1.59%)(1.47%)(1.67%)(1.90%)(2.73%)(1.88%)(.58%).31%.18%.03%.00%.37%.03%.00%.03%.06%(.89%)(1.12%)(1.05%)(1.47%)(.85%)(1.92%)(1.72%)(1.20%)(1.99%)(2.03%)(1.84%)(1.32%)(1.13%)53.50%.08%(.82%)(.47%)(3.67%)(3.26%)(1.29%)(2.44%)(1.31%)(1.26%)
YoY%(3.64%)(3.92%)(3.30%)(3.82%)(4.18%)(4.75%)(5.62%)(5.57%)(5.81%)(6.47%)(7.55%)(7.93%)(6.91%)(4.81%)(1.97%)(.06%).52%.59%.43%.40%.43%.12%(.80%)(1.91%)(2.96%)(4.45%)(4.42%)(5.19%)(5.83%)(5.57%)(6.66%)(6.77%)(6.88%)(6.99%)(6.17%)47.01%49.88%50.64%51.65%(4.83%)(8.00%)(8.43%)(10.25%)(8.05%)(6.15%)(6.07%)(4.49%)(5.35%)
Price to Sales3.71x3.31x3.18x2.73x2.91x2.59x3.09x2.83x2.83x3.03x2.79x2.49x2.43x2.31x2.27x2.36x2.48x3.64x3.88x4.16x4.49x5.86x4.05x2.18x1.66x1.17x2.36x1.96x2.26x2.05x1.78x2.21x2.16x2.37x2.42x1.99x
Price to Earnings37.35x33.32x32.02x27.08x30.35x26.54x32.64x25.28x23.52x25.27x21.48x20.15x20.00x18.70x19.99x21.13x25.54x38.58x48.98x103.27x128.13x--170.57x60.10x26.09x38.88x31.24x32.74x22.82x19.40x26.89x26.54x32.23x33.90x25.84x
Price to Book-------------365.63x82.97x42.79x25.12x32.38x38.07x52.53x55.85x205.43x99.50x131.09x--70.40x48.87x37.67x26.50x16.63x18.91x15.32x13.55x13.81x9.10x
Total Revenue6,690,000,000$6,489,000,000$6,744,000,000$6,263,000,000$6,429,000,000$6,255,000,000$6,439,000,000$5,977,000,000$6,095,000,000$5,928,000,000$6,075,000,000$5,615,000,000$5,923,000,000$5,313,000,000$5,338,000,000$4,199,000,000$4,446,000,000$3,946,000,000$3,149,000,000$2,316,000,000$2,172,000,000$2,254,000,000$1,464,000,000$4,681,000,000$5,371,000,000$5,284,000,000$5,305,000,000$5,012,000,000$5,289,000,000$5,051,000,000$5,409,000,000$5,009,000,000$5,251,000,000$5,078,000,000$5,211,000,000$4,912,000,000$5,456,000,000$3,942,000,000$3,902,000,000$3,772,000,000$3,706,000,000$3,578,000,000$3,689,000,000$3,513,000,000$3,559,000,000$3,460,000,000$3,484,000,000$
QoQ%3.10%(3.78%)7.68%(2.58%)2.78%(2.86%)7.73%(1.94%)2.82%(2.42%)8.19%(5.20%)11.48%(.47%)27.13%(5.56%)12.67%25.31%35.97%6.63%(3.64%)53.96%(68.73%)(12.85%)1.65%(.40%)5.85%(5.24%)4.71%(6.62%)7.99%(4.61%)3.41%(2.55%)6.09%(9.97%)38.41%1.03%3.45%1.78%3.58%(3.01%)5.01%(1.29%)2.86%(.69%)5.80%
YoY%4.06%3.74%4.74%4.79%5.48%5.52%5.99%6.45%2.90%11.58%13.81%33.72%33.22%34.64%69.51%81.30%104.70%75.07%115.10%(50.52%)(59.56%)(57.34%)(72.40%)(6.60%)1.55%4.61%(1.92%).06%.72%(.53%)3.80%1.98%(3.76%)28.82%33.55%30.22%47.22%10.17%5.77%7.37%4.13%3.41%5.88%6.68%10.56%9.49%6.77%
TTM26,186,000,000$25,925,000,000$25,691,000,000$25,386,000,000$25,100,000,000$24,766,000,000$24,439,000,000$24,075,000,000$23,713,000,000$23,541,000,000$22,926,000,000$22,189,000,000$20,773,000,000$19,296,000,000$17,929,000,000$15,740,000,000$13,857,000,000$11,583,000,000$9,891,000,000$8,206,000,000$10,571,000,000$13,770,000,000$16,800,000,000$20,641,000,000$20,972,000,000$20,890,000,000$20,657,000,000$20,761,000,000$20,758,000,000$20,720,000,000$20,747,000,000$20,549,000,000$20,452,000,000$20,657,000,000$19,521,000,000$18,212,000,000$17,072,000,000$15,322,000,000$14,958,000,000$14,745,000,000$14,486,000,000$14,339,000,000$14,221,000,000$14,016,000,000$13,796,000,000$13,456,000,000$13,156,000,000$
TTM_QoQ%1.01%.91%1.20%1.14%1.35%1.34%1.51%1.53%.73%2.68%3.32%6.82%7.65%7.63%13.91%13.59%19.63%17.11%20.53%(22.37%)(23.23%)(18.04%)(18.61%)(1.58%).39%1.13%(.50%).01%.18%(.13%).96%.47%(.99%)5.82%7.19%6.68%11.42%2.43%1.45%1.79%1.03%.83%1.46%1.60%2.53%2.28%1.71%
TTM_YoY%4.33%4.68%5.12%5.45%5.85%5.20%6.60%8.50%14.15%22.00%27.87%40.97%49.91%66.59%81.27%91.81%31.09%(15.88%)(41.13%)(60.24%)(49.60%)(34.08%)(18.67%)(.58%)1.03%.82%(.43%)1.03%1.50%.31%6.28%12.83%19.80%34.82%30.51%23.51%17.85%6.86%5.18%5.20%5.00%6.56%8.10%8.36%7.92%1.01%2.06%
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
QoQ.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%
YoY.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%
Operating Income777,000,000$1,180,000,000$1,236,000,000$948,000,000$752,000,000$944,000,000$1,195,000,000$876,000,000$718,000,000$1,099,000,000$1,096,000,000$951,000,000$996,000,000$958,000,000$950,000,000$558,000,000$635,000,000$545,000,000$486,000,000$84,000,000$(128,000,000$)252,000,000$(154,000,000$)114,000,000$274,000,000$607,000,000$409,000,000$510,000,000$422,000,000$596,000,000$818,000,000$530,000,000$424,000,000$790,000,000$744,000,000$546,000,000$441,000,000$171,000,000$389,000,000$367,000,000$310,000,000$339,000,000$369,000,000$332,000,000$291,000,000$298,000,000$316,000,000$
QoQ%(34.15%)(4.53%)30.38%26.06%(20.34%)(21.00%)36.42%22.01%(34.67%).27%15.25%(4.52%)3.97%.84%70.25%(12.13%)16.51%12.14%478.57%165.63%(150.79%)263.64%(235.09%)(58.39%)(54.86%)48.41%(19.80%)20.85%(29.20%)(27.14%)54.34%25.00%(46.33%)6.18%36.26%23.81%157.90%(56.04%)6.00%18.39%(8.56%)(8.13%)11.15%14.09%(2.35%)(5.70%)24.41%
YoY%3.32%25.00%3.43%8.22%4.74%(14.10%)9.03%(7.89%)(27.91%)14.72%15.37%70.43%56.85%75.78%95.47%564.29%596.09%116.27%415.58%(26.32%)(146.72%)(58.48%)(137.65%)(77.65%)(35.07%)1.85%(50.00%)(3.77%)(.47%)(24.56%)9.95%(2.93%)(3.86%)361.99%91.26%48.77%42.26%(49.56%)5.42%10.54%6.53%13.76%16.77%30.71%22.27%21.63%13.26%
TTM4,141,000,000$4,116,000,000$3,880,000,000$3,839,000,000$3,767,000,000$3,733,000,000$3,888,000,000$3,789,000,000$3,864,000,000$4,142,000,000$4,001,000,000$3,855,000,000$3,462,000,000$3,101,000,000$2,688,000,000$2,224,000,000$1,750,000,000$987,000,000$694,000,000$54,000,000$84,000,000$486,000,000$841,000,000$1,404,000,000$1,800,000,000$1,948,000,000$1,937,000,000$2,346,000,000$2,366,000,000$2,368,000,000$2,562,000,000$2,488,000,000$2,504,000,000$2,521,000,000$1,902,000,000$1,547,000,000$1,368,000,000$1,237,000,000$1,405,000,000$1,385,000,000$1,350,000,000$1,331,000,000$1,290,000,000$1,237,000,000$1,159,000,000$1,106,000,000$1,053,000,000$
TTM_QoQ%.61%6.08%1.07%1.91%.91%(3.99%)2.61%(1.94%)(6.71%)3.52%3.79%11.35%11.64%15.37%20.86%27.09%77.31%42.22%1,185.19%(35.71%)(82.72%)(42.21%)(40.10%)(22.00%)(7.60%).57%(17.43%)(.85%)(.08%)(7.57%)2.97%(.64%)(.67%)32.55%22.95%13.09%10.59%(11.96%)1.44%2.59%1.43%3.18%4.29%6.73%4.79%5.03%3.64%
TTM_YoY%9.93%10.26%(.21%)1.32%(2.51%)(9.87%)(2.82%)(1.71%)11.61%33.57%48.85%73.34%97.83%214.18%287.32%4,018.52%1,983.33%103.09%(17.48%)(96.15%)(95.33%)(75.05%)(56.58%)(40.15%)(23.92%)(17.74%)(24.40%)(5.71%)(5.51%)(6.07%)34.70%60.83%83.04%103.80%35.37%11.70%1.33%(7.06%)8.92%11.96%16.48%20.34%22.51%21.75%17.31%4.44%2.53%
Operating Margin11.61%18.19%18.33%15.14%11.70%15.09%18.56%14.66%11.78%18.54%18.04%16.94%16.82%18.03%17.80%13.29%14.28%13.81%15.43%3.63%(5.89%)11.18%(10.52%)2.44%5.10%11.49%7.71%10.18%7.98%11.80%15.12%10.58%8.08%15.56%14.28%11.12%8.08%4.34%9.97%9.73%8.37%9.48%10.00%9.45%8.18%8.61%9.07%
QoQ(6.57%)(.14%)3.19%3.44%(3.40%)(3.47%)3.90%2.88%(6.76%).50%1.10%.12%(1.22%).23%4.51%(.99%).47%(1.62%)11.81%9.52%(17.07%)21.70%(12.95%)(2.67%)(6.39%)3.78%(2.47%)2.20%(3.82%)(3.32%)4.54%2.51%(7.48%)1.28%3.16%3.03%3.75%(5.63%).24%1.37%(1.11%)(.53%).55%1.28%(.44%)(.46%)1.36%
YoY(.08%)3.09%(.23%).48%(.08%)(3.45%).52%(2.28%)(5.04%).51%.24%3.65%2.53%4.22%2.36%9.66%20.18%2.63%25.95%1.19%(10.99%)(.31%)(18.23%)(7.74%)(2.88%)(.31%)(7.41%)(.41%)(.10%)(3.76%).85%(.54%)(.01%)11.22%4.31%1.39%(.28%)(5.14%)(.03%).28%.19%.86%.93%1.74%.78%.86%.52%
Net Income445,000,000$728,000,000$763,000,000$665,000,000$455,000,000$584,000,000$772,000,000$564,000,000$848,000,000$752,000,000$726,000,000$757,000,000$673,000,000$630,000,000$678,000,000$377,000,000$468,000,000$220,000,000$422,000,000$(11,000,000$)(164,000,000$)100,000,000$(234,000,000$)31,000,000$279,000,000$387,000,000$232,000,000$375,000,000$317,000,000$503,000,000$667,000,000$420,000,000$114,000,000$485,000,000$489,000,000$371,000,000$244,000,000$70,000,000$247,000,000$219,000,000$202,000,000$210,000,000$240,000,000$207,000,000$197,000,000$192,000,000$192,000,000$
QoQ%(38.87%)(4.59%)14.74%46.15%(22.09%)(24.35%)36.88%(33.49%)12.77%3.58%(4.10%)12.48%6.83%(7.08%)79.84%(19.44%)112.73%(47.87%)3,936.36%93.29%(264.00%)142.74%(854.84%)(88.89%)(27.91%)66.81%(38.13%)18.30%(36.98%)(24.59%)58.81%268.42%(76.50%)(.82%)31.81%52.05%248.57%(71.66%)12.79%8.42%(3.81%)(12.50%)15.94%5.08%2.60%.00%11.63%
YoY%(2.20%)24.66%(1.17%)17.91%(46.34%)(22.34%)6.34%(25.50%)26.00%19.37%7.08%100.80%43.80%186.36%60.66%3,527.27%385.37%120.00%280.34%(135.48%)(158.78%)(74.16%)(200.86%)(91.73%)(11.99%)(23.06%)(65.22%)(10.71%)178.07%3.71%36.40%13.21%(53.28%)592.86%97.98%69.41%20.79%(66.67%)2.92%5.80%2.54%9.38%25.00%20.35%30.46%20.00%7.26%
TTM2,601,000,000$2,611,000,000$2,467,000,000$2,476,000,000$2,375,000,000$2,768,000,000$2,936,000,000$2,890,000,000$3,083,000,000$2,908,000,000$2,786,000,000$2,738,000,000$2,358,000,000$2,153,000,000$1,743,000,000$1,487,000,000$1,099,000,000$467,000,000$347,000,000$(309,000,000$)(267,000,000$)176,000,000$463,000,000$929,000,000$1,273,000,000$1,311,000,000$1,427,000,000$1,862,000,000$1,907,000,000$1,704,000,000$1,686,000,000$1,508,000,000$1,459,000,000$1,589,000,000$1,174,000,000$932,000,000$780,000,000$738,000,000$878,000,000$871,000,000$859,000,000$854,000,000$836,000,000$788,000,000$753,000,000$707,000,000$675,000,000$
TTM_QoQ%(.38%)5.84%(.36%)4.25%(14.20%)(5.72%)1.59%(6.26%)6.02%4.38%1.75%16.12%9.52%23.52%17.22%35.31%135.33%34.58%212.30%(15.73%)(251.71%)(61.99%)(50.16%)(27.02%)(2.90%)(8.13%)(23.36%)(2.36%)11.91%1.07%11.80%3.36%(8.18%)35.35%25.97%19.49%5.69%(15.95%).80%1.40%.59%2.15%6.09%4.65%6.51%4.74%1.96%
TTM_YoY%9.52%(5.67%)(15.97%)(14.33%)(22.97%)(4.81%)5.38%5.55%30.75%35.07%59.84%84.13%114.56%361.03%402.31%581.23%511.61%165.34%(25.05%)(133.26%)(120.97%)(86.58%)(67.55%)(50.11%)(33.25%)(23.06%)(15.36%)23.48%30.71%7.24%43.61%61.80%87.05%115.31%33.71%7.00%(9.20%)(13.58%)5.02%10.53%14.08%20.79%23.85%19.03%20.29%7.77%5.63%
Profit Margin6.65%11.22%11.31%10.62%7.08%9.34%11.99%9.44%13.91%12.69%11.95%13.48%11.36%11.86%12.70%8.98%10.53%5.58%13.40%(.48%)(7.55%)4.44%(15.98%).66%5.20%7.32%4.37%7.48%5.99%9.96%12.33%8.39%2.17%9.55%9.38%7.55%4.47%1.78%6.33%5.81%5.45%5.87%6.51%5.89%5.54%5.55%5.51%
QoQ(4.57%)(.10%).70%3.54%(2.26%)(2.65%)2.55%(4.48%)1.23%.74%(1.53%)2.12%(.50%)(.84%)3.72%(1.55%)4.95%(7.83%)13.88%7.08%(11.99%)20.42%(16.65%)(4.53%)(2.13%)2.95%(3.11%)1.49%(3.96%)(2.37%)3.95%6.21%(7.38%).17%1.83%3.08%2.70%(4.55%).52%.36%(.42%)(.64%).61%.36%(.01%).04%.29%
YoY(.43%)1.88%(.68%)1.18%(6.84%)(3.35%).04%(4.05%)2.55%.83%(.75%)4.50%.84%6.28%(.70%)9.45%18.08%1.14%29.39%(1.14%)(12.75%)(2.89%)(20.36%)(6.82%)(.80%)(2.63%)(7.96%)(.90%)3.82%.41%2.95%.83%(2.30%)7.78%3.05%1.75%(.98%)(4.09%)(.18%)(.09%)(.08%).32%1.00%.67%.84%.49%.03%
Equity to Common Shareholders(3,771,000,000$)(3,119,000,000$)(2,964,000,000$)(3,168,000,000$)(2,992,000,000$)(2,421,000,000$)(2,091,000,000$)(1,616,000,000$)(682,000,000$)(661,000,000$)(224,000,000$)140,000,000$568,000,000$1,063,000,000$1,772,000,000$1,772,000,000$1,414,000,000$918,000,000$796,000,000$234,000,000$430,000,000$229,000,000$(79,000,000$)(20,000,000$)703,000,000$838,000,000$1,240,000,000$1,603,000,000$2,225,000,000$2,423,000,000$2,920,000,000$3,588,000,000$3,582,000,000$4,512,000,000$4,901,000,000$5,168,000,000$5,121,000,000$5,841,000,000$(3,462,000,000$)(3,667,000,000$)(3,590,000,000$)(3,589,000,000$)(3,033,000,000$)(2,537,000,000$)(2,200,000,000$)(1,842,000,000$)(1,720,000,000$)
QoQ(652,000,000$)(155,000,000$)204,000,000$(176,000,000$)(571,000,000$)(330,000,000$)(475,000,000$)(934,000,000$)(21,000,000$)(437,000,000$)(364,000,000$)(428,000,000$)(495,000,000$)(709,000,000$)0$358,000,000$496,000,000$122,000,000$562,000,000$(196,000,000$)201,000,000$308,000,000$(59,000,000$)(723,000,000$)(135,000,000$)(402,000,000$)(363,000,000$)(622,000,000$)(198,000,000$)(497,000,000$)(668,000,000$)(143,000,000$)(930,000,000$)(389,000,000$)(267,000,000$)47,000,000$(720,000,000$)9,303,000,000$205,000,000$(77,000,000$)(1,000,000$)(556,000,000$)(496,000,000$)(337,000,000$)(358,000,000$)(122,000,000$)(95,000,000$)
QoQ%(20.90%)(5.23%)6.44%(5.88%)(23.59%)(15.78%)(29.39%)(136.95%)(3.18%)(195.09%)(260.00%)(75.35%)(46.57%)(40.01%).00%25.32%54.03%15.33%240.17%(45.58%)87.77%389.87%(295.00%)(102.85%)(16.11%)(32.42%)(22.65%)(27.96%)(8.17%)(17.02%)(18.62%)(3.83%)(20.61%)(7.94%)(5.17%).92%(12.33%)268.72%5.59%(2.15%)(.03%)(18.33%)(19.55%)(15.32%)(19.44%)(7.09%)(5.85%)
YoY(779,000,000$)(698,000,000$)(873,000,000$)(1,552,000,000$)(2,310,000,000$)(1,760,000,000$)(1,867,000,000$)(1,756,000,000$)(1,250,000,000$)(1,724,000,000$)(1,996,000,000$)(1,632,000,000$)(846,000,000$)145,000,000$976,000,000$1,538,000,000$984,000,000$689,000,000$875,000,000$254,000,000$(273,000,000$)(609,000,000$)(1,319,000,000$)(1,623,000,000$)(1,522,000,000$)(1,585,000,000$)(1,680,000,000$)(1,985,000,000$)(1,506,000,000$)(2,089,000,000$)(1,981,000,000$)(1,580,000,000$)(1,539,000,000$)(1,329,000,000$)8,363,000,000$8,835,000,000$8,711,000,000$9,430,000,000$(429,000,000$)(1,130,000,000$)(1,390,000,000$)(1,747,000,000$)(1,313,000,000$)(912,000,000$)(785,000,000$)(433,000,000$)(227,000,000$)
YoY%(26.04%)(28.83%)(41.75%)(96.04%)(338.71%)(266.26%)(833.48%)(1,254.29%)(220.07%)(162.18%)(112.64%)(92.10%)(59.83%)15.80%122.61%657.27%228.84%300.87%1,107.60%1,270.00%(38.83%)(72.67%)(106.37%)(101.25%)(68.40%)(65.42%)(57.53%)(55.32%)(40.37%)(46.30%)(40.42%)(30.57%)(30.05%)(22.75%)241.57%240.93%242.65%262.75%(14.14%)(44.54%)(63.18%)(94.84%)(76.34%)(56.12%)(55.48%)(30.73%)(15.20%)
Dividends Paid179,000,000$182,000,000$183,000,000$174,000,000$176,000,000$176,000,000$179,000,000$151,000,000$152,000,000$154,000,000$157,000,000$124,000,000$126,000,000$97,000,000$0$0$0$156,000,000$157,000,000$157,000,000$159,000,000$139,000,000$139,000,000$142,000,000$144,000,000$118,000,000$120,000,000$122,000,000$125,000,000$115,000,000$117,000,000$117,000,000$76,000,000$64,000,000$64,000,000$65,000,000$68,000,000$56,000,000$56,000,000$58,000,000$59,000,000$
Additional Paid-In Capital QoQ
Treasury Stock15,666,000,000$14,716,000,000$14,418,000,000$14,446,000,000$14,462,000,000$14,463,000,000$14,463,000,000$14,497,000,000$14,498,000,000$14,499,000,000$14,501,000,000$14,385,000,000$13,958,000,000$13,460,000,000$12,967,000,000$12,185,000,000$11,850,000,000$11,011,000,000$10,163,000,000$9,418,000,000$8,498,000,000$7,700,000,000$6,986,000,000$6,460,000,000$6,110,000,000$11,266,000,000$11,271,000,000$11,098,000,000$11,005,000,000$10,304,000,000$9,593,000,000$9,223,000,000$8,703,000,000$8,423,000,000$
QoQ950,000,000$298,000,000$(28,000,000$)(16,000,000$)(1,000,000$)0$(34,000,000$)(1,000,000$)(1,000,000$)(2,000,000$)116,000,000$427,000,000$498,000,000$493,000,000$782,000,000$335,000,000$839,000,000$848,000,000$745,000,000$920,000,000$798,000,000$714,000,000$526,000,000$350,000,000$(5,156,000,000$)(5,000,000$)173,000,000$93,000,000$701,000,000$711,000,000$370,000,000$520,000,000$280,000,000$253,000,000$
Goodwill8,907,000,000$8,886,000,000$8,896,000,000$8,775,000,000$8,731,000,000$8,890,000,000$8,783,000,000$8,815,000,000$8,886,000,000$8,795,000,000$8,850,000,000$8,904,000,000$8,872,000,000$8,765,000,000$8,920,000,000$9,069,000,000$9,073,000,000$9,084,000,000$9,142,000,000$9,107,000,000$9,175,000,000$9,035,000,000$8,962,000,000$8,901,000,000$9,048,000,000$8,990,000,000$9,067,000,000$9,053,000,000$9,039,000,000$9,067,000,000$9,103,000,000$9,270,000,000$9,207,000,000$9,182,000,000$8,582,000,000$7,802,000,000$7,598,000,000$7,175,000,000$947,000,000$946,000,000$943,000,000$970,000,000$962,000,000$894,000,000$894,000,000$894,000,000$894,000,000$
QoQ%.24%(.11%)1.38%.50%(1.79%)1.22%(.36%)(.80%)1.04%(.62%)(.61%).36%1.22%(1.74%)(1.64%)(.04%)(.12%)(.63%).38%(.74%)1.55%.82%.69%(1.63%).65%(.85%).16%.16%(.31%)(.40%)(1.80%).68%.27%6.99%10.00%2.69%5.90%657.66%.11%.32%(2.78%).83%7.61%.00%.00%.00%2.29%
YoY%2.02%(.05%)1.29%(.45%)(1.74%)1.08%(.76%)(1.00%).16%.34%(.79%)(1.82%)(2.22%)(3.51%)(2.43%)(.42%)(1.11%).54%2.01%2.31%1.40%.50%(1.16%)(1.68%).10%(.85%)(.40%)(2.34%)(1.83%)(1.25%)6.07%18.82%21.18%27.97%806.23%724.74%705.73%639.69%(1.56%)5.82%5.48%8.50%7.61%2.29%2.29%2.29%2.29%
Other Intangible Assets10,336,000,000$9,488,000,000$9,190,000,000$8,747,000,000$8,926,000,000$8,989,000,000$8,641,000,000$8,380,000,000$8,544,000,000$9,270,000,000$3,442,000,000$1,473,000,000$1,468,000,000$1,451,000,000$1,450,000,000$1,452,000,000$1,395,000,000$1,351,000,000$1,342,000,000$1,334,000,000$
QoQ5,828,000,000$1,969,000,000$5,000,000$17,000,000$1,000,000$(2,000,000$)57,000,000$44,000,000$9,000,000$8,000,000$208,000,000$
Amortization of Intangible Assets
Total Assets27,540,000,000$27,833,000,000$27,342,000,000$26,651,000,000$26,182,000,000$26,209,000,000$25,740,000,000$25,756,000,000$25,674,000,000$25,267,000,000$25,087,000,000$24,863,000,000$24,815,000,000$24,763,000,000$24,615,000,000$25,238,000,000$25,553,000,000$24,506,000,000$24,504,000,000$24,369,000,000$24,701,000,000$25,148,000,000$25,680,000,000$25,549,000,000$25,051,000,000$24,812,000,000$24,893,000,000$24,746,000,000$23,696,000,000$23,833,000,000$23,844,000,000$24,484,000,000$23,846,000,000$24,236,000,000$23,881,000,000$23,925,000,000$24,140,000,000$25,002,000,000$6,650,000,000$6,121,000,000$6,082,000,000$6,153,000,000$6,321,000,000$6,803,000,000$6,833,000,000$6,847,000,000$6,830,000,000$
QoQ(293,000,000$)491,000,000$691,000,000$469,000,000$(27,000,000$)469,000,000$(16,000,000$)82,000,000$407,000,000$180,000,000$224,000,000$48,000,000$52,000,000$148,000,000$(623,000,000$)(315,000,000$)1,047,000,000$2,000,000$135,000,000$(332,000,000$)(447,000,000$)(532,000,000$)131,000,000$498,000,000$239,000,000$(81,000,000$)147,000,000$1,050,000,000$(137,000,000$)(11,000,000$)(640,000,000$)638,000,000$(390,000,000$)355,000,000$(44,000,000$)(215,000,000$)(862,000,000$)18,352,000,000$529,000,000$39,000,000$(71,000,000$)(168,000,000$)(482,000,000$)(30,000,000$)(14,000,000$)17,000,000$165,000,000$
YoY1,358,000,000$1,624,000,000$1,602,000,000$895,000,000$508,000,000$942,000,000$653,000,000$893,000,000$859,000,000$504,000,000$472,000,000$(375,000,000$)(738,000,000$)257,000,000$111,000,000$869,000,000$852,000,000$(642,000,000$)(1,176,000,000$)(1,180,000,000$)(350,000,000$)336,000,000$787,000,000$803,000,000$1,355,000,000$979,000,000$1,049,000,000$262,000,000$(150,000,000$)(403,000,000$)(37,000,000$)559,000,000$(294,000,000$)(766,000,000$)17,231,000,000$17,804,000,000$18,058,000,000$18,849,000,000$329,000,000$(682,000,000$)(751,000,000$)(694,000,000$)(509,000,000$)138,000,000$39,000,000$367,000,000$453,000,000$
Total Liabilities31,311,000,000$30,952,000,000$30,306,000,000$29,819,000,000$29,174,000,000$28,630,000,000$27,831,000,000$27,372,000,000$26,356,000,000$25,928,000,000$25,311,000,000$24,723,000,000$24,247,000,000$23,700,000,000$22,843,000,000$23,466,000,000$24,139,000,000$23,588,000,000$23,708,000,000$24,135,000,000$24,271,000,000$24,919,000,000$25,759,000,000$25,569,000,000$24,348,000,000$23,974,000,000$23,653,000,000$23,143,000,000$21,471,000,000$21,410,000,000$20,924,000,000$20,896,000,000$20,264,000,000$19,724,000,000$18,980,000,000$18,757,000,000$19,019,000,000$19,161,000,000$10,112,000,000$9,788,000,000$9,672,000,000$9,742,000,000$9,354,000,000$9,340,000,000$9,033,000,000$8,689,000,000$8,550,000,000$
QoQ359,000,000$646,000,000$487,000,000$645,000,000$544,000,000$799,000,000$459,000,000$1,016,000,000$428,000,000$617,000,000$588,000,000$476,000,000$547,000,000$857,000,000$(623,000,000$)(673,000,000$)551,000,000$(120,000,000$)(427,000,000$)(136,000,000$)(648,000,000$)(840,000,000$)190,000,000$1,221,000,000$374,000,000$321,000,000$510,000,000$1,672,000,000$61,000,000$486,000,000$28,000,000$632,000,000$540,000,000$744,000,000$223,000,000$(262,000,000$)(142,000,000$)9,049,000,000$324,000,000$116,000,000$(70,000,000$)388,000,000$14,000,000$307,000,000$344,000,000$139,000,000$260,000,000$
YoY2,137,000,000$2,322,000,000$2,475,000,000$2,447,000,000$2,818,000,000$2,702,000,000$2,520,000,000$2,649,000,000$2,109,000,000$2,228,000,000$2,468,000,000$1,257,000,000$108,000,000$112,000,000$(865,000,000$)(669,000,000$)(132,000,000$)(1,331,000,000$)(2,051,000,000$)(1,434,000,000$)(77,000,000$)945,000,000$2,106,000,000$2,426,000,000$2,877,000,000$2,564,000,000$2,729,000,000$2,247,000,000$1,207,000,000$1,686,000,000$1,944,000,000$2,139,000,000$1,245,000,000$563,000,000$8,868,000,000$8,969,000,000$9,347,000,000$9,419,000,000$758,000,000$448,000,000$639,000,000$1,053,000,000$804,000,000$1,050,000,000$824,000,000$800,000,000$680,000,000$
Current Ratio.43x.47x.49x.45x.40x.42x.42x.42x.43x.48x.46x.47x.45x.52x.45x.53x.57x.50x.46x.45x.49x.59x.67x.62x.47x.51x.51x.47x.42x.46x.48x.49x.47x.52x.53x.60x.65x.72x.60x.44x.43x.49x.54x.60x.53x.57x.57x
Total Current Assets3,584,000,000$4,111,000,000$4,034,000,000$3,746,000,000$3,485,000,000$3,573,000,000$3,500,000,000$3,450,000,000$3,311,000,000$3,682,000,000$3,444,000,000$3,264,000,000$3,313,000,000$3,684,000,000$3,106,000,000$3,418,000,000$3,626,000,000$2,990,000,000$2,799,000,000$2,672,000,000$2,825,000,000$3,540,000,000$4,113,000,000$4,049,000,000$3,127,000,000$2,900,000,000$2,869,000,000$2,735,000,000$2,706,000,000$2,803,000,000$2,817,000,000$3,152,000,000$2,740,000,000$2,944,000,000$2,830,000,000$3,121,000,000$3,371,000,000$3,787,000,000$1,959,000,000$1,424,000,000$1,384,000,000$1,723,000,000$1,906,000,000$1,828,000,000$1,610,000,000$1,552,000,000$1,537,000,000$
QoQ(527,000,000$)77,000,000$288,000,000$261,000,000$(88,000,000$)73,000,000$50,000,000$139,000,000$(371,000,000$)238,000,000$180,000,000$(49,000,000$)(371,000,000$)578,000,000$(312,000,000$)(208,000,000$)636,000,000$191,000,000$127,000,000$(153,000,000$)(715,000,000$)(573,000,000$)64,000,000$922,000,000$227,000,000$31,000,000$134,000,000$29,000,000$(97,000,000$)(14,000,000$)(335,000,000$)412,000,000$(204,000,000$)114,000,000$(291,000,000$)(250,000,000$)(416,000,000$)1,828,000,000$535,000,000$40,000,000$(339,000,000$)(183,000,000$)78,000,000$218,000,000$58,000,000$15,000,000$(28,000,000$)
Total Current Liabilities8,398,000,000$8,798,000,000$8,199,000,000$8,284,000,000$8,649,000,000$8,518,000,000$8,283,000,000$8,170,000,000$7,762,000,000$7,677,000,000$7,520,000,000$6,969,000,000$7,339,000,000$7,112,000,000$6,853,000,000$6,422,000,000$6,407,000,000$6,019,000,000$6,121,000,000$5,914,000,000$5,752,000,000$6,006,000,000$6,118,000,000$6,516,000,000$6,677,000,000$5,738,000,000$5,624,000,000$5,848,000,000$6,437,000,000$6,051,000,000$5,904,000,000$6,469,000,000$5,807,000,000$5,608,000,000$5,363,000,000$5,223,000,000$5,147,000,000$5,229,000,000$3,244,000,000$3,247,000,000$3,233,000,000$3,509,000,000$3,517,000,000$3,030,000,000$3,038,000,000$2,738,000,000$2,690,000,000$
QoQ(400,000,000$)599,000,000$(85,000,000$)(365,000,000$)131,000,000$235,000,000$113,000,000$408,000,000$85,000,000$157,000,000$551,000,000$(370,000,000$)227,000,000$259,000,000$431,000,000$15,000,000$388,000,000$(102,000,000$)207,000,000$162,000,000$(254,000,000$)(112,000,000$)(398,000,000$)(161,000,000$)939,000,000$114,000,000$(224,000,000$)(589,000,000$)386,000,000$147,000,000$(565,000,000$)662,000,000$199,000,000$245,000,000$140,000,000$76,000,000$(82,000,000$)1,985,000,000$(3,000,000$)14,000,000$(276,000,000$)(8,000,000$)487,000,000$(8,000,000$)300,000,000$48,000,000$94,000,000$
Debt to Asset Ratio1.14x1.11x1.11x1.12x1.11x1.09x1.08x1.06x1.03x1.03x1.01x.99x.98x.96x.93x.93x.94x.96x.97x.99x.98x.99x1.00x1.00x.97x.97x.95x.94x.91x.90x.88x.85x.85x.81x.79x.78x.79x.77x1.52x1.60x1.59x1.58x1.48x1.37x1.32x1.27x1.25x
Long Term Debt14,886,000,000$14,442,000,000$14,546,000,000$14,103,000,000$13,023,000,000$12,671,000,000$12,183,000,000$11,748,000,000$11,197,000,000$10,870,000,000$10,403,000,000$10,299,000,000$9,249,000,000$8,860,000,000$8,230,000,000$8,738,000,000$9,194,000,000$9,123,000,000$9,240,000,000$9,242,000,000$9,057,000,000$9,532,000,000$9,985,000,000$10,419,000,000$9,812,000,000$10,399,000,000$10,031,000,000$9,869,000,000$8,514,000,000$8,710,000,000$8,375,000,000$7,858,000,000$7,840,000,000$8,271,000,000$7,911,000,000$8,161,000,000$8,197,000,000$8,506,000,000$4,057,000,000$3,859,000,000$3,807,000,000$3,689,000,000$3,303,000,000$3,703,000,000$3,447,000,000$3,521,000,000$3,397,000,000$
QoQ444,000,000$(104,000,000$)443,000,000$1,080,000,000$352,000,000$488,000,000$435,000,000$551,000,000$327,000,000$467,000,000$104,000,000$1,050,000,000$389,000,000$630,000,000$(508,000,000$)(456,000,000$)71,000,000$(117,000,000$)(2,000,000$)185,000,000$(475,000,000$)(453,000,000$)(434,000,000$)607,000,000$(587,000,000$)368,000,000$162,000,000$1,355,000,000$(196,000,000$)335,000,000$517,000,000$18,000,000$(431,000,000$)360,000,000$(250,000,000$)(36,000,000$)(309,000,000$)4,449,000,000$198,000,000$52,000,000$118,000,000$386,000,000$(400,000,000$)256,000,000$(74,000,000$)124,000,000$102,000,000$
YoY1,863,000,000$1,771,000,000$2,363,000,000$2,355,000,000$1,826,000,000$1,801,000,000$1,780,000,000$1,449,000,000$1,948,000,000$2,010,000,000$2,173,000,000$1,561,000,000$55,000,000$(263,000,000$)(1,010,000,000$)(504,000,000$)137,000,000$(409,000,000$)(745,000,000$)(1,177,000,000$)(755,000,000$)(867,000,000$)(46,000,000$)550,000,000$1,298,000,000$1,689,000,000$1,656,000,000$2,011,000,000$674,000,000$439,000,000$464,000,000$(303,000,000$)(357,000,000$)(235,000,000$)3,854,000,000$4,302,000,000$4,390,000,000$4,817,000,000$754,000,000$156,000,000$360,000,000$168,000,000$(94,000,000$)408,000,000$300,000,000$417,000,000$360,000,000$
Capital Lease Obligations978,000,000$898,000,000$992,000,000$1,140,000,000$1,248,000,000$842,000,000$893,000,000$921,000,000$970,000,000$964,000,000$971,000,000$983,000,000$1,012,000,000$999,000,000$1,020,000,000$1,053,000,000$
Cash and Cash Equivalents358,000,000$678,000,000$671,000,000$523,000,000$396,000,000$394,000,000$349,000,000$429,000,000$338,000,000$717,000,000$563,000,000$554,000,000$507,000,000$1,045,000,000$546,000,000$1,042,000,000$1,393,000,000$772,000,000$664,000,000$628,000,000$877,000,000$1,577,000,000$2,283,000,000$1,760,000,000$225,000,000$276,000,000$284,000,000$258,000,000$316,000,000$373,000,000$366,000,000$701,000,000$383,000,000$508,000,000$498,000,000$738,000,000$858,000,000$1,078,000,000$679,000,000$99,000,000$96,000,000$95,000,000$140,000,000$120,000,000$104,000,000$150,000,000$192,000,000$
QoQ(320,000,000$)7,000,000$148,000,000$127,000,000$2,000,000$45,000,000$(80,000,000$)91,000,000$(379,000,000$)154,000,000$9,000,000$47,000,000$(538,000,000$)499,000,000$(496,000,000$)(351,000,000$)621,000,000$108,000,000$36,000,000$(249,000,000$)(700,000,000$)(706,000,000$)523,000,000$1,535,000,000$(51,000,000$)(8,000,000$)26,000,000$(58,000,000$)(57,000,000$)7,000,000$(335,000,000$)318,000,000$(125,000,000$)10,000,000$(240,000,000$)(120,000,000$)(220,000,000$)399,000,000$580,000,000$3,000,000$1,000,000$(45,000,000$)20,000,000$16,000,000$(46,000,000$)(42,000,000$)8,000,000$
YoY(38,000,000$)284,000,000$322,000,000$94,000,000$58,000,000$(323,000,000$)(214,000,000$)(125,000,000$)(169,000,000$)(328,000,000$)17,000,000$(488,000,000$)(886,000,000$)273,000,000$(118,000,000$)414,000,000$516,000,000$(805,000,000$)(1,619,000,000$)(1,132,000,000$)652,000,000$1,301,000,000$1,999,000,000$1,502,000,000$(91,000,000$)(97,000,000$)(82,000,000$)(443,000,000$)(67,000,000$)(135,000,000$)(132,000,000$)(37,000,000$)(475,000,000$)(570,000,000$)(181,000,000$)639,000,000$762,000,000$983,000,000$539,000,000$(21,000,000$)(8,000,000$)(55,000,000$)(52,000,000$)(64,000,000$)(22,000,000$)6,000,000$84,000,000$
Interest Expenses199,000,000$194,000,000$191,000,000$183,000,000$170,000,000$168,000,000$164,000,000$163,000,000$153,000,000$146,000,000$140,000,000$126,000,000$115,000,000$100,000,000$95,000,000$93,000,000$97,000,000$107,000,000$109,000,000$107,000,000$112,000,000$113,000,000$127,000,000$93,000,000$95,000,000$100,000,000$102,000,000$97,000,000$94,000,000$86,000,000$85,000,000$75,000,000$72,000,000$73,000,000$73,000,000$70,000,000$75,000,000$55,000,000$57,000,000$47,000,000$46,000,000$43,000,000$42,000,000$36,000,000$26,000,000$29,000,000$30,000,000$
Interest Income0$0$0$0$0$0$0$10,000,000$15,000,000$8,000,000$7,000,000$6,000,000$5,000,000$6,000,000$8,000,000$7,000,000$7,000,000$7,000,000$6,000,000$8,000,000$6,000,000$6,000,000$8,000,000$6,000,000$6,000,000$6,000,000$5,000,000$6,000,000$5,000,000$14,000,000$9,000,000$8,000,000$7,000,000$13,000,000$9,000,000$7,000,000$6,000,000$10,000,000$5,000,000$6,000,000$8,000,000$13,000,000$8,000,000$4,000,000$