PLAINS ALL AMERICAN PIPELINE LP (PAA)
Q1-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-CY2014Q1-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-302014-Mar-31
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-FY2014Q1-FY2014
Close Price of Common Stock20.92$17.96$17.06$18.32$20.01$17.08$17.38$17.86$17.57$15.14$15.33$14.11$12.46$11.75$10.53$9.82$10.72$9.33$10.17$11.36$9.10$8.25$5.99$8.84$5.31$18.38$20.78$24.33$24.51$19.99$25.01$23.66$22.03$20.63$21.16$
Market Cap of Common Stock14,756,195,150$12,667,212,460$11,998,373,951$12,884,442,352$14,082,556,760$12,018,667,528$12,184,792,977$12,521,128,614$12,314,312,660$10,609,521,669$10,706,318,792$9,850,791,035$8,698,447,525$8,201,917,385$7,349,307,631$6,900,201,508$7,558,066,073$6,634,767,159$7,292,082,070$8,202,554,422$6,570,675,511$6,009,931,876$4,361,321,384$6,435,988,582$3,865,950,300$13,377,525,084$15,112,246,460$17,679,924,790$17,804,831,873$14,514,549,977$18,146,824,302$17,163,659,691$15,976,308,095$14,960,651,917$15,330,959,429$
QoQ%16.49%5.57%(6.88%)(8.51%)17.17%(1.36%)(2.69%)1.68%16.07%(.90%)8.69%13.25%6.05%11.60%6.51%(8.70%)13.92%(9.01%)(11.10%)24.84%9.33%37.80%(32.24%)66.48%(71.10%)(11.48%)(14.52%)(.70%)22.67%(20.02%)5.73%7.43%6.79%(2.42%)
YoY%4.78%5.40%(1.53%)2.90%14.36%13.28%13.81%27.11%41.57%29.35%45.68%42.76%15.09%23.62%.79%(15.88%)15.03%10.40%67.20%27.45%69.96%(55.07%)(71.14%)(63.60%)(78.29%)(7.83%)(16.72%)3.01%11.45%(2.98%)18.37%
Common Shares Outstanding705,531,683705,497,770703,304,452703,299,255703,775,950703,669,059701,081,299701,071,031701,071,031700,992,512698,390,006698,390,006698,390,006698,332,685697,939,946702,668,178705,043,477711,121,882717,371,576722,055,847722,052,254728,476,591728,100,398728,053,007728,050,904728,028,576727,424,619726,821,163726,579,550726,272,203725,582,739725,582,739725,206,904725,189,138724,696,735724,657,263675,097,184412,962,773397,736,728397,730,991397,730,991397,727,624397,680,214397,241,697376,241,697372,033,831368,940,903363,873,690359,904,180
QoQ%.01%.31%.00%(.07%).02%.37%.00%.00%.01%.37%.00%.00%.01%.06%(.67%)(.34%)(.86%)(.87%)(.65%).00%(.88%).05%.01%.00%.00%.08%.08%.03%.04%.10%.00%.05%.00%.07%.01%7.34%63.48%3.83%.00%.00%.00%.01%.11%5.58%1.13%.84%1.39%1.10%4.94%
YoY%.25%.26%.32%.32%.39%.38%.39%.38%.38%.38%.06%(.61%)(.94%)(1.80%)(2.71%)(2.69%)(2.36%)(2.38%)(1.47%)(.82%)(.82%).06%.09%.17%.20%.24%.25%.17%.19%.15%.12%.13%7.42%75.61%82.21%82.20%69.74%3.83%.01%.12%5.71%6.91%7.79%9.17%4.54%8.48%7.65%7.31%7.07%
Price to Sales.33x.29x.26x.28x.29x.25x.25x.26x.26x.22x.22x.19x.16x.14x.13x.13x.16x.16x.21x.27x.28x.26x.16x.23x.12x.40x.45x.52x.52x.43x.55x.57x.57x.57x.62x
Price to Earnings10.28x8.82x10.62x14.17x14.84x15.57x11.63x12.14x11.47x8.63x9.07x7.23x6.84x7.91x6.00x8.84x21.11x11.19x63.41x25.88x9.68x----6.16x5.07x5.45x6.15x6.55x14.08x28.05x22.82x17.48x19.38x
Price to Book----
Total Revenue10,565,000,000$11,578,000,000$10,642,000,000$11,477,000,000$12,035,000,000$12,456,000,000$12,757,000,000$11,639,000,000$11,322,000,000$12,071,000,000$11,602,000,000$12,341,000,000$12,952,000,000$14,336,000,000$16,359,000,000$13,694,000,000$12,989,000,000$10,776,000,000$9,930,000,000$8,383,000,000$5,963,000,000$5,833,000,000$3,225,000,000$8,269,000,000$9,154,000,000$7,886,000,000$8,253,000,000$8,375,000,000$8,786,000,000$8,792,000,000$8,080,000,000$8,398,000,000$7,605,000,000$5,873,000,000$6,078,000,000$6,667,000,000$5,952,000,000$5,170,000,000$4,950,000,000$4,111,000,000$4,996,000,000$5,551,000,000$6,663,000,000$5,942,000,000$9,459,000,000$11,127,000,000$11,195,000,000$11,684,000,000$
QoQ%(8.75%)8.80%(7.28%)(4.64%)(3.38%)(2.36%)9.61%2.80%(6.21%)4.04%(5.99%)(4.72%)(9.65%)(12.37%)19.46%5.43%20.54%8.52%18.45%40.58%2.23%80.87%(61.00%)(9.67%)16.08%(4.45%)(1.46%)(4.68%)(.07%)8.81%(3.79%)10.43%29.49%(3.37%)(8.84%)12.01%15.13%4.44%20.41%(17.71%)(10.00%)(16.69%)12.13%(37.18%)(14.99%)(.61%)(4.19%)9.91%
YoY%(12.21%)(7.05%)(16.58%)(1.39%)6.30%3.19%9.96%(5.69%)(12.59%)(15.80%)(29.08%)(9.88%)(.29%)33.04%64.74%63.35%117.83%84.74%207.91%1.38%(34.86%)(26.03%)(60.92%)(1.27%)4.19%(10.31%)2.14%(.27%)15.53%49.70%32.94%25.96%27.77%13.60%22.79%62.18%19.14%(6.86%)(25.71%)(30.82%)(47.18%)(50.11%)(40.48%)(49.14%)(11.02%)3.96%8.74%10.02%
TTM44,262,000,000$45,732,000,000$46,610,000,000$48,725,000,000$48,887,000,000$48,174,000,000$47,789,000,000$46,634,000,000$47,336,000,000$48,966,000,000$51,231,000,000$55,988,000,000$57,341,000,000$57,378,000,000$53,818,000,000$47,389,000,000$42,078,000,000$35,052,000,000$30,109,000,000$23,404,000,000$23,290,000,000$26,481,000,000$28,534,000,000$33,562,000,000$33,668,000,000$33,300,000,000$34,206,000,000$34,033,000,000$34,056,000,000$32,875,000,000$29,956,000,000$27,954,000,000$26,223,000,000$24,570,000,000$23,867,000,000$22,739,000,000$20,183,000,000$19,227,000,000$19,608,000,000$21,321,000,000$23,152,000,000$27,615,000,000$33,191,000,000$37,723,000,000$43,465,000,000$44,637,000,000$44,213,000,000$43,313,000,000$
TTM_QoQ%(3.21%)(1.88%)(4.34%)(.33%)1.48%.81%2.48%(1.48%)(3.33%)(4.42%)(8.50%)(2.36%)(.06%)6.62%13.57%12.62%20.05%16.42%28.65%.49%(12.05%)(7.20%)(14.98%)(.32%)1.11%(2.65%).51%(.07%)3.59%9.74%7.16%6.60%6.73%2.95%4.96%12.66%4.97%(1.94%)(8.03%)(7.91%)(16.16%)(16.80%)(12.01%)(13.21%)(2.63%).96%2.08%2.52%
TTM_YoY%(9.46%)(5.07%)(2.47%)4.48%3.28%(1.62%)(6.72%)(16.71%)(17.45%)(14.66%)(4.81%)18.15%36.27%63.69%78.74%102.48%80.67%32.37%5.52%(30.27%)(30.83%)(20.48%)(16.58%)(1.38%)(1.14%)1.29%14.19%21.75%29.87%33.80%25.51%22.93%29.93%27.79%21.72%6.65%(12.82%)(30.38%)(40.92%)(43.48%)(46.73%)(38.13%)(24.93%)(12.91%)2.88%8.72%11.35%10.50%
Gross Margin9.41%8.58%8.31%6.24%7.97%7.35%7.20%6.20%3.15%7.99%9.12%8.25%7.39%8.82%6.33%6.64%9.45%6.51%6.58%11.82%8.92%12.45%21.71%10.91%10.05%13.07%12.23%15.00%20.84%11.65%6.55%10.47%11.30%9.30%12.47%16.11%12.08%14.33%14.67%18.56%17.23%8.77%5.57%8.63%7.02%4.76%4.36%5.21%
QoQ.83%.27%2.07%(1.73%).61%.15%1.00%3.05%(4.84%)(1.13%).87%.86%(1.44%)2.50%(.31%)(2.82%)2.94%(.06%)(5.25%)2.90%(3.52%)(9.26%)10.80%.86%(3.02%).85%(2.77%)(5.84%)9.19%5.10%(3.92%)(.83%)2.00%(3.17%)(3.64%)4.03%(2.25%)(.33%)(3.89%)1.33%8.46%3.21%(3.07%)1.61%2.26%.40%(.85%).26%
YoY1.44%1.22%1.10%.04%4.82%(.64%)(1.92%)(2.05%)(4.24%)(.83%)2.79%1.61%(2.07%)2.31%(.25%)(5.18%).53%(5.93%)(15.13%).91%(1.13%)(.63%)9.48%(4.09%)(10.79%)1.43%5.68%4.53%9.55%2.35%(5.92%)(5.64%)(.79%)(5.04%)(2.20%)(2.45%)(5.15%)5.56%9.10%9.93%10.21%4.01%1.21%3.42%2.06%.95%(.35%)(1.83%)
Operating Income355,000,000$484,000,000$239,000,000$354,000,000$(16,000,000$)196,000,000$332,000,000$356,000,000$173,000,000$234,000,000$378,000,000$473,000,000$(38,000,000$)626,000,000$411,000,000$293,000,000$599,000,000$(38,000,000$)(236,000,000$)526,000,000$(65,000,000$)253,000,000$210,000,000$(2,773,000,000$)331,000,000$492,000,000$451,000,000$714,000,000$1,315,000,000$493,000,000$88,000,000$381,000,000$261,000,000$44,000,000$257,000,000$591,000,000$218,000,000$349,000,000$146,000,000$282,000,000$344,000,000$335,000,000$211,000,000$372,000,000$532,000,000$406,000,000$367,000,000$495,000,000$
QoQ%(26.65%)102.51%(32.49%)2,312.50%(108.16%)(40.96%)(6.74%)105.78%(26.07%)(38.10%)(20.09%)1,344.74%(106.07%)52.31%40.27%(51.09%)1,676.32%83.90%(144.87%)909.23%(125.69%)20.48%107.57%(937.76%)(32.72%)9.09%(36.84%)(45.70%)166.73%460.23%(76.90%)45.98%493.18%(82.88%)(56.51%)171.10%(37.54%)139.04%(48.23%)(18.02%)2.69%58.77%(43.28%)(30.08%)31.03%10.63%(25.86%)25.64%
YoY%2,318.75%146.94%(28.01%)(.56%)(109.25%)(16.24%)(12.17%)(24.74%)555.26%(62.62%)(8.03%)61.43%(106.34%)1,747.37%274.15%(44.30%)1,021.54%(115.02%)(212.38%)118.97%(119.64%)(48.58%)(53.44%)(488.38%)(74.83%)(.20%)412.50%87.40%403.83%1,020.46%(65.76%)(35.53%)19.73%(87.39%)76.03%109.57%(36.63%)4.18%(30.81%)(24.19%)(35.34%)(17.49%)(42.51%)(24.85%)35.03%37.16%(4.18%)(24.43%)
TTM1,432,000,000$1,061,000,000$773,000,000$866,000,000$868,000,000$1,057,000,000$1,095,000,000$1,141,000,000$1,258,000,000$1,047,000,000$1,439,000,000$1,472,000,000$1,292,000,000$1,929,000,000$1,265,000,000$618,000,000$851,000,000$187,000,000$478,000,000$924,000,000$(2,375,000,000$)(1,979,000,000$)(1,740,000,000$)(1,499,000,000$)1,988,000,000$2,972,000,000$2,973,000,000$2,610,000,000$2,277,000,000$1,223,000,000$774,000,000$943,000,000$1,153,000,000$1,110,000,000$1,415,000,000$1,304,000,000$995,000,000$1,121,000,000$1,107,000,000$1,172,000,000$1,262,000,000$1,450,000,000$1,521,000,000$1,677,000,000$1,800,000,000$1,662,000,000$1,552,000,000$1,568,000,000$
TTM_QoQ%34.97%37.26%(10.74%)(.23%)(17.88%)(3.47%)(4.03%)(9.30%)20.15%(27.24%)(2.24%)13.93%(33.02%)52.49%104.69%(27.38%)355.08%(60.88%)(48.27%)138.91%(20.01%)(13.74%)(16.08%)(175.40%)(33.11%)(.03%)13.91%14.63%86.18%58.01%(17.92%)(18.21%)3.87%(21.56%)8.51%31.06%(11.24%)1.27%(5.55%)(7.13%)(12.97%)(4.67%)(9.30%)(6.83%)8.30%7.09%(1.02%)(9.26%)
TTM_YoY%64.98%.38%(29.41%)(24.10%)(31.00%).96%(23.91%)(22.49%)(2.63%)(45.72%)13.76%138.19%51.82%931.55%164.64%(33.12%)135.83%109.45%127.47%161.64%(219.47%)(166.59%)(158.53%)(157.43%)(12.69%)143.01%284.11%176.78%97.49%10.18%(45.30%)(27.68%)15.88%(.98%)27.82%11.26%(21.16%)(22.69%)(27.22%)(30.11%)(29.89%)(12.76%)(2.00%)6.95%4.17%(4.26%)(8.00%)(11.21%)
Operating Margin3.36%4.18%2.25%3.08%(.13%)1.57%2.60%3.06%1.53%1.94%3.26%3.83%(.29%)4.37%2.51%2.14%4.61%(.35%)(2.38%)6.28%(1.09%)4.34%6.51%(33.54%)3.62%6.24%5.47%8.53%14.97%5.61%1.09%4.54%3.43%.75%4.23%8.87%3.66%6.75%2.95%6.86%6.89%6.04%3.17%6.26%5.62%3.65%3.28%4.24%
QoQ(.82%)1.93%(.84%)3.22%(1.71%)(1.03%)(.46%)1.53%(.41%)(1.32%)(.58%)4.13%(4.66%)1.86%.37%(2.47%)4.97%2.02%(8.65%)7.37%(5.43%)(2.18%)40.05%(37.15%)(2.62%).77%(3.06%)(6.44%)9.36%4.52%(3.45%)1.11%2.68%(3.48%)(4.64%)5.20%(3.09%)3.80%(3.91%)(.03%).85%2.87%(3.09%).64%1.98%.37%(.96%).53%
YoY3.49%2.61%(.36%).03%(1.66%)(.37%)(.66%)(.77%)1.82%(2.43%).75%1.69%(4.91%)4.72%4.89%(4.14%)5.70%(4.69%)(8.89%)39.81%(4.71%)(1.90%)1.05%(42.06%)(11.35%).63%4.38%3.99%11.54%4.86%(3.14%)(4.33%)(.23%)(6.00%)1.28%2.01%(3.22%).72%(.22%).60%1.26%2.39%(.11%)2.02%1.92%.88%(.44%)(1.93%)
Net Income427,000,000$529,000,000$297,000,000$516,000,000$119,000,000$312,000,000$330,000,000$351,000,000$399,000,000$279,000,000$349,000,000$475,000,000$310,000,000$442,000,000$251,000,000$225,000,000$496,000,000$(55,000,000$)(216,000,000$)423,000,000$(25,000,000$)146,000,000$144,000,000$(2,845,000,000$)307,000,000$454,000,000$448,000,000$970,000,000$1,117,000,000$710,000,000$100,000,000$288,000,000$191,000,000$34,000,000$189,000,000$444,000,000$127,000,000$298,000,000$102,000,000$203,000,000$248,000,000$250,000,000$124,000,000$284,000,000$390,000,000$324,000,000$288,000,000$385,000,000$
QoQ%(19.28%)78.11%(42.44%)333.61%(61.86%)(5.46%)(5.98%)(12.03%)43.01%(20.06%)(26.53%)53.23%(29.86%)76.10%11.56%(54.64%)1,001.82%74.54%(151.06%)1,792.00%(117.12%)1.39%105.06%(1,026.71%)(32.38%)1.34%(53.81%)(13.16%)57.32%610.00%(65.28%)50.79%461.77%(82.01%)(57.43%)249.61%(57.38%)192.16%(49.75%)(18.15%)(.80%)101.61%(56.34%)(27.18%)20.37%12.50%(25.20%)21.07%
YoY%258.82%69.55%(10.00%)47.01%(70.18%)11.83%(5.44%)(26.11%)28.71%(36.88%)39.04%111.11%(37.50%)903.64%216.20%(46.81%)2,084.00%(137.67%)(250.00%)114.87%(108.14%)(67.84%)(67.86%)(393.30%)(72.52%)(36.06%)348.00%236.81%484.82%1,988.24%(47.09%)(35.14%)50.39%(88.59%)85.29%118.72%(48.79%)19.20%(17.74%)(28.52%)(36.41%)(22.84%)(56.94%)(26.23%)22.64%36.71%(4.00%)(28.17%)
TTM1,769,000,000$1,461,000,000$1,244,000,000$1,277,000,000$1,112,000,000$1,392,000,000$1,359,000,000$1,378,000,000$1,502,000,000$1,413,000,000$1,576,000,000$1,478,000,000$1,228,000,000$1,414,000,000$917,000,000$450,000,000$648,000,000$127,000,000$328,000,000$688,000,000$(2,580,000,000$)(2,248,000,000$)(1,940,000,000$)(1,636,000,000$)2,179,000,000$2,989,000,000$3,245,000,000$2,897,000,000$2,215,000,000$1,289,000,000$613,000,000$702,000,000$858,000,000$794,000,000$1,058,000,000$971,000,000$730,000,000$851,000,000$803,000,000$825,000,000$906,000,000$1,048,000,000$1,122,000,000$1,286,000,000$1,387,000,000$1,315,000,000$1,228,000,000$1,240,000,000$
TTM_QoQ%21.08%17.44%(2.58%)14.84%(20.12%)2.43%(1.38%)(8.26%)6.30%(10.34%)6.63%20.36%(13.15%)54.20%103.78%(30.56%)410.24%(61.28%)(52.33%)126.67%(14.77%)(15.88%)(18.58%)(175.08%)(27.10%)(7.89%)12.01%30.79%71.84%110.28%(12.68%)(18.18%)8.06%(24.95%)8.96%33.01%(14.22%)5.98%(2.67%)(8.94%)(13.55%)(6.60%)(12.75%)(7.28%)5.48%7.09%(.97%)(10.86%)
TTM_YoY%59.08%4.96%(8.46%)(7.33%)(25.97%)(1.49%)(13.77%)(6.77%)22.31%(.07%)71.87%228.44%89.51%1,013.39%179.57%(34.59%)125.12%105.65%116.91%142.05%(218.40%)(175.21%)(159.78%)(156.47%)(1.63%)131.89%429.36%312.68%158.16%62.34%(42.06%)(27.70%)17.53%(6.70%)31.76%17.70%(19.43%)(18.80%)(28.43%)(35.85%)(34.68%)(20.30%)(8.63%)3.71%(.29%)(6.27%)(8.29%)(12.98%)
Profit Margin4.04%4.57%2.79%4.50%.99%2.51%2.59%3.02%3.52%2.31%3.01%3.85%2.39%3.08%1.53%1.64%3.82%(.51%)(2.18%)5.05%(.42%)2.50%4.47%(34.41%)3.35%5.76%5.43%11.58%12.71%8.08%1.24%3.43%2.51%.58%3.11%6.66%2.13%5.76%2.06%4.94%4.96%4.50%1.86%4.78%4.12%2.91%2.57%3.30%
QoQ(.53%)1.78%(1.71%)3.51%(1.52%)(.08%)(.43%)(.51%)1.21%(.70%)(.84%)1.46%(.69%)1.55%(.11%)(2.18%)4.33%1.67%(7.22%)5.47%(2.92%)(1.96%)38.87%(37.76%)(2.40%).33%(6.15%)(1.13%)4.64%6.84%(2.19%).92%1.93%(2.53%)(3.55%)4.53%(3.63%)3.70%(2.88%)(.03%).46%2.64%(2.92%).66%1.21%.34%(.72%).30%
YoY3.05%2.06%.20%1.48%(2.54%).19%(.42%)(.83%)1.13%(.77%)1.47%2.21%(1.43%)3.59%3.71%(3.40%)4.24%(3.01%)(6.64%)39.45%(3.77%)(3.25%)(.96%)(45.99%)(9.36%)(2.32%)4.19%8.15%10.20%7.50%(1.87%)(3.23%).38%(5.19%)1.05%1.72%(2.83%)1.26%.20%.16%.84%1.59%(.71%)1.49%1.13%.70%(.34%)(1.75%)
Equity to Common Shareholders(753,000,000$)(1,009,000,000$)(1,081,000,000$)(1,081,000,000$)
QoQ72,000,000$
QoQ%6.66%
YoY328,000,000$72,000,000$
YoY%30.34%6.66%
Dividends Paid108,000,000$110,000,000$97,000,000$132,000,000$115,000,000$112,000,000$98,000,000$100,000,000$96,000,000$73,000,000$78,000,000$104,000,000$1,000,000$0$1,000,000$1,000,000$1,000,000$0$1,000,000$
Additional Paid-In Capital QoQ
Treasury Stock
QoQ
Goodwill2,540,000,000$2,532,000,000$2,537,000,000$2,529,000,000$2,521,000,000$2,540,000,000$2,535,000,000$2,543,000,000$2,566,000,000$2,598,000,000$2,596,000,000$2,596,000,000$2,344,000,000$2,353,000,000$2,396,000,000$2,405,000,000$2,405,000,000$2,417,000,000$2,442,000,000$2,435,000,000$2,465,000,000$2,481,000,000$2,502,000,000$2,485,000,000$
QoQ%.32%(.20%).32%.32%(.75%).20%(.32%)(.90%)(1.23%).08%.00%10.75%(.38%)(1.80%)(.37%).00%(.50%)(1.02%).29%(1.22%)(.65%)(.84%).68%(.72%)
YoY%.75%(.32%).08%(.55%)(1.75%)(2.23%)(2.35%)(2.04%)9.47%10.41%8.35%7.94%(2.54%)(2.65%)(1.88%)(1.23%)(2.43%)(2.58%)(2.40%)(2.01%)(1.52%)(1.51%)(.04%)(1.39%)
Other Intangible Assets1,754,000,000$1,570,000,000$1,636,000,000$1,675,000,000$1,677,000,000$1,674,000,000$1,741,000,000$1,807,000,000$1,875,000,000$1,969,000,000$1,999,000,000$2,073,000,000$2,145,000,000$1,785,000,000$1,839,000,000$1,901,000,000$1,960,000,000$805,000,000$707,000,000$772,000,000$844,000,000$242,000,000$283,000,000$345,000,000$
QoQ184,000,000$(66,000,000$)(39,000,000$)(2,000,000$)3,000,000$(67,000,000$)(66,000,000$)(68,000,000$)(94,000,000$)(30,000,000$)(74,000,000$)(72,000,000$)360,000,000$(54,000,000$)(62,000,000$)(59,000,000$)
Amortization of Intangible Assets
Total Assets30,169,000,000$28,101,000,000$27,155,000,000$27,059,000,000$26,562,000,000$27,155,000,000$27,453,000,000$27,356,000,000$27,355,000,000$27,735,000,000$26,900,000,000$27,456,000,000$27,892,000,000$27,457,000,000$28,886,000,000$30,642,000,000$28,609,000,000$24,197,000,000$25,391,000,000$25,331,000,000$24,497,000,000$24,246,000,000$24,037,000,000$23,700,000,000$28,677,000,000$28,377,000,000$27,757,000,000$27,386,000,000$25,511,000,000$25,927,000,000$25,699,000,000$25,423,000,000$25,351,000,000$25,483,000,000$25,004,000,000$25,269,000,000$24,210,000,000$23,507,000,000$23,163,000,000$22,297,000,000$22,288,000,000$22,217,000,000$22,884,000,000$21,724,000,000$22,198,000,000$21,837,000,000$21,495,000,000$20,702,000,000$
QoQ2,068,000,000$946,000,000$96,000,000$497,000,000$(593,000,000$)(298,000,000$)97,000,000$1,000,000$(380,000,000$)835,000,000$(556,000,000$)(436,000,000$)435,000,000$(1,429,000,000$)(1,756,000,000$)2,033,000,000$4,412,000,000$(1,194,000,000$)60,000,000$834,000,000$251,000,000$209,000,000$337,000,000$(4,977,000,000$)300,000,000$620,000,000$371,000,000$1,875,000,000$(416,000,000$)228,000,000$276,000,000$72,000,000$(132,000,000$)479,000,000$(265,000,000$)1,059,000,000$703,000,000$344,000,000$866,000,000$9,000,000$71,000,000$(667,000,000$)1,160,000,000$(474,000,000$)361,000,000$342,000,000$793,000,000$382,000,000$
YoY3,607,000,000$946,000,000$(298,000,000$)(297,000,000$)(793,000,000$)(580,000,000$)553,000,000$(100,000,000$)(537,000,000$)278,000,000$(1,986,000,000$)(3,186,000,000$)(717,000,000$)3,260,000,000$3,495,000,000$5,311,000,000$4,112,000,000$(49,000,000$)1,354,000,000$1,631,000,000$(4,180,000,000$)(4,131,000,000$)(3,720,000,000$)(3,686,000,000$)3,166,000,000$2,450,000,000$2,058,000,000$1,963,000,000$160,000,000$444,000,000$695,000,000$154,000,000$1,141,000,000$1,976,000,000$1,841,000,000$2,972,000,000$1,922,000,000$1,290,000,000$279,000,000$573,000,000$90,000,000$380,000,000$1,389,000,000$1,022,000,000$1,878,000,000$1,570,000,000$2,071,000,000$1,262,000,000$
Total Liabilities20,333,000,000$18,338,000,000$17,449,000,000$17,427,000,000$16,749,000,000$16,920,000,000$17,177,000,000$17,017,000,000$16,933,000,000$17,450,000,000$16,521,000,000$17,213,000,000$17,835,000,000$17,513,000,000$18,955,000,000$20,599,000,000$18,637,000,000$15,045,000,000$15,896,000,000$15,388,000,000$14,904,000,000$14,540,000,000$14,378,000,000$14,121,000,000$15,615,000,000$15,399,000,000$14,816,000,000$14,624,000,000$13,509,000,000$14,577,000,000$14,875,000,000$14,387,000,000$14,393,000,000$26,236,000,000$14,560,000,000$14,735,000,000$25,219,000,000$24,588,000,000$14,251,000,000$12,984,000,000$23,369,000,000$14,059,000,000$14,237,000,000$12,946,000,000$14,065,000,000$13,766,000,000$13,442,000,000$12,978,000,000$
QoQ1,995,000,000$889,000,000$22,000,000$678,000,000$(171,000,000$)(257,000,000$)160,000,000$84,000,000$(517,000,000$)929,000,000$(692,000,000$)(622,000,000$)322,000,000$(1,442,000,000$)(1,644,000,000$)1,962,000,000$3,592,000,000$(851,000,000$)508,000,000$484,000,000$364,000,000$162,000,000$257,000,000$(1,494,000,000$)216,000,000$583,000,000$192,000,000$1,115,000,000$(1,068,000,000$)(298,000,000$)488,000,000$(6,000,000$)(11,843,000,000$)11,676,000,000$(175,000,000$)(10,484,000,000$)631,000,000$10,337,000,000$1,267,000,000$(10,385,000,000$)9,310,000,000$(178,000,000$)1,291,000,000$(1,119,000,000$)299,000,000$324,000,000$464,000,000$262,000,000$
YoY3,584,000,000$1,418,000,000$272,000,000$410,000,000$(184,000,000$)(530,000,000$)656,000,000$(196,000,000$)(902,000,000$)(63,000,000$)(2,434,000,000$)(3,386,000,000$)(802,000,000$)2,468,000,000$3,059,000,000$5,211,000,000$3,733,000,000$505,000,000$1,518,000,000$1,267,000,000$(711,000,000$)(859,000,000$)(438,000,000$)(503,000,000$)2,106,000,000$822,000,000$(59,000,000$)237,000,000$(884,000,000$)(11,659,000,000$)315,000,000$(348,000,000$)(10,826,000,000$)1,648,000,000$309,000,000$1,751,000,000$1,850,000,000$10,529,000,000$14,000,000$38,000,000$9,304,000,000$293,000,000$795,000,000$(32,000,000$)1,349,000,000$649,000,000$1,116,000,000$523,000,000$
Current Ratio.96x1.04x1.00x1.01x.97x1.01x1.00x.97x.98x.95x1.00x.95x.91x1.05x.97x.94x.98x.90x.92x.95x.86x.90x.87x.91x.92x.96x1.00x1.02x1.02x.89x.75x.86x.88x1.00x.94x1.01x.92x.93x.89x.91x.87x.85x.88x.98x.88x.93x.95x.89x
Total Current Assets4,733,000,000$5,583,000,000$4,688,000,000$4,735,000,000$4,802,000,000$5,169,000,000$5,387,000,000$5,001,000,000$4,913,000,000$5,331,000,000$4,657,000,000$5,122,000,000$5,355,000,000$5,574,000,000$6,661,000,000$8,097,000,000$6,137,000,000$4,874,000,000$5,676,000,000$4,424,000,000$3,665,000,000$3,405,000,000$3,161,000,000$3,071,000,000$4,612,000,000$4,676,000,000$4,282,000,000$4,247,000,000$3,533,000,000$4,127,000,000$3,852,000,000$3,962,000,000$4,000,000,000$4,015,000,000$3,528,000,000$4,210,000,000$4,272,000,000$3,773,000,000$3,603,000,000$2,780,000,000$2,969,000,000$2,958,000,000$3,944,000,000$3,453,000,000$4,179,000,000$5,160,000,000$5,168,000,000$4,932,000,000$
QoQ(850,000,000$)895,000,000$(47,000,000$)(67,000,000$)(367,000,000$)(218,000,000$)386,000,000$88,000,000$(418,000,000$)674,000,000$(465,000,000$)(233,000,000$)(219,000,000$)(1,087,000,000$)(1,436,000,000$)1,960,000,000$1,263,000,000$(802,000,000$)1,252,000,000$759,000,000$260,000,000$244,000,000$90,000,000$(1,541,000,000$)(64,000,000$)394,000,000$35,000,000$714,000,000$(594,000,000$)275,000,000$(110,000,000$)(38,000,000$)(15,000,000$)487,000,000$(682,000,000$)(62,000,000$)499,000,000$170,000,000$823,000,000$(189,000,000$)11,000,000$(986,000,000$)491,000,000$(726,000,000$)(981,000,000$)(8,000,000$)236,000,000$(32,000,000$)
Total Current Liabilities4,931,000,000$5,365,000,000$4,679,000,000$4,691,000,000$4,950,000,000$5,136,000,000$5,406,000,000$5,144,000,000$5,003,000,000$5,606,000,000$4,652,000,000$5,366,000,000$5,891,000,000$5,333,000,000$6,874,000,000$8,570,000,000$6,232,000,000$5,397,000,000$6,163,000,000$4,678,000,000$4,253,000,000$3,804,000,000$3,633,000,000$3,357,000,000$5,017,000,000$4,872,000,000$4,294,000,000$4,182,000,000$3,456,000,000$4,656,000,000$5,122,000,000$4,601,000,000$4,531,000,000$4,016,000,000$3,757,000,000$4,156,000,000$4,664,000,000$4,077,000,000$4,029,000,000$3,063,000,000$3,407,000,000$3,478,000,000$4,474,000,000$3,531,000,000$4,755,000,000$5,568,000,000$5,423,000,000$5,554,000,000$
QoQ(434,000,000$)686,000,000$(12,000,000$)(259,000,000$)(186,000,000$)(270,000,000$)262,000,000$141,000,000$(603,000,000$)954,000,000$(714,000,000$)(525,000,000$)558,000,000$(1,541,000,000$)(1,696,000,000$)2,338,000,000$835,000,000$(766,000,000$)1,485,000,000$425,000,000$449,000,000$171,000,000$276,000,000$(1,660,000,000$)145,000,000$578,000,000$112,000,000$726,000,000$(1,200,000,000$)(466,000,000$)521,000,000$70,000,000$515,000,000$259,000,000$(399,000,000$)(508,000,000$)587,000,000$48,000,000$966,000,000$(344,000,000$)(71,000,000$)(996,000,000$)943,000,000$(1,224,000,000$)(813,000,000$)145,000,000$(131,000,000$)143,000,000$
Debt to Asset Ratio.67x.65x.64x.64x.63x.62x.63x.62x.62x.63x.61x.63x.64x.64x.66x.67x.65x.62x.63x.61x.61x.60x.60x.60x.54x.54x.53x.53x.53x.56x.58x.57x.57x1.03x.58x.58x1.04x1.05x.62x.58x1.05x.63x.62x.60x.63x.63x.63x.63x
Long Term Debt10,633,000,000$8,439,000,000$8,204,000,000$8,204,000,000$7,141,000,000$7,212,000,000$7,211,000,000$7,308,000,000$7,242,000,000$7,296,000,000$7,288,000,000$7,288,000,000$7,237,000,000$7,986,000,000$7,986,000,000$7,986,000,000$8,339,000,000$8,388,000,000$8,389,000,000$9,338,000,000$9,312,000,000$9,381,000,000$9,393,000,000$9,418,000,000$9,138,000,000$9,173,000,000$9,176,000,000$9,177,000,000$9,143,000,000$9,140,000,000$8,966,000,000$9,050,000,000$9,183,000,000$10,489,000,000$10,040,000,000$9,879,000,000$10,124,000,000$9,634,000,000$9,486,000,000$9,153,000,000$10,375,000,000$9,970,000,000$9,137,000,000$8,763,000,000$8,704,000,000$7,613,000,000$7,414,000,000$6,818,000,000$
QoQ2,194,000,000$235,000,000$0$1,063,000,000$(71,000,000$)1,000,000$(97,000,000$)66,000,000$(54,000,000$)8,000,000$0$51,000,000$(749,000,000$)0$0$(353,000,000$)(49,000,000$)(1,000,000$)(949,000,000$)26,000,000$(69,000,000$)(12,000,000$)(25,000,000$)280,000,000$(35,000,000$)(3,000,000$)(1,000,000$)34,000,000$3,000,000$174,000,000$(84,000,000$)(133,000,000$)(1,306,000,000$)449,000,000$161,000,000$(245,000,000$)490,000,000$148,000,000$333,000,000$(1,222,000,000$)405,000,000$833,000,000$374,000,000$59,000,000$1,091,000,000$199,000,000$596,000,000$103,000,000$
YoY3,492,000,000$1,227,000,000$993,000,000$896,000,000$(101,000,000$)(84,000,000$)(77,000,000$)20,000,000$5,000,000$(690,000,000$)(698,000,000$)(698,000,000$)(1,102,000,000$)(402,000,000$)(403,000,000$)(1,352,000,000$)(973,000,000$)(993,000,000$)(1,004,000,000$)(80,000,000$)174,000,000$208,000,000$217,000,000$241,000,000$(5,000,000$)33,000,000$210,000,000$127,000,000$(40,000,000$)(1,349,000,000$)(1,074,000,000$)(829,000,000$)(941,000,000$)855,000,000$554,000,000$726,000,000$(251,000,000$)(336,000,000$)349,000,000$390,000,000$1,671,000,000$2,357,000,000$1,723,000,000$1,945,000,000$1,989,000,000$595,000,000$1,101,000,000$487,000,000$
Capital Lease Obligations229,000,000$222,000,000$343,000,000$379,000,000$416,000,000$395,000,000$481,000,000$451,000,000$474,000,000$487,000,000$
Cash and Cash Equivalents328,000,000$1,180,000,000$459,000,000$427,000,000$348,000,000$640,000,000$553,000,000$331,000,000$450,000,000$260,000,000$933,000,000$526,000,000$401,000,000$623,000,000$267,000,000$114,000,000$449,000,000$191,000,000$24,000,000$30,000,000$22,000,000$25,000,000$40,000,000$38,000,000$45,000,000$609,000,000$419,000,000$436,000,000$66,000,000$29,000,000$34,000,000$23,000,000$37,000,000$33,000,000$47,000,000$38,000,000$47,000,000$31,000,000$34,000,000$36,000,000$27,000,000$22,000,000$28,000,000$458,000,000$403,000,000$34,000,000$27,000,000$30,000,000$
QoQ(852,000,000$)721,000,000$32,000,000$79,000,000$(292,000,000$)87,000,000$222,000,000$(119,000,000$)190,000,000$(673,000,000$)407,000,000$125,000,000$(222,000,000$)356,000,000$153,000,000$(335,000,000$)258,000,000$167,000,000$(6,000,000$)8,000,000$(3,000,000$)(15,000,000$)2,000,000$(7,000,000$)(564,000,000$)190,000,000$(17,000,000$)370,000,000$37,000,000$(5,000,000$)11,000,000$(14,000,000$)4,000,000$(14,000,000$)9,000,000$(9,000,000$)16,000,000$(3,000,000$)(2,000,000$)9,000,000$5,000,000$(6,000,000$)(430,000,000$)55,000,000$369,000,000$7,000,000$(3,000,000$)(11,000,000$)
YoY(20,000,000$)540,000,000$(94,000,000$)96,000,000$(102,000,000$)380,000,000$(380,000,000$)(195,000,000$)49,000,000$(363,000,000$)666,000,000$412,000,000$(48,000,000$)432,000,000$243,000,000$84,000,000$427,000,000$166,000,000$(16,000,000$)(8,000,000$)(23,000,000$)(584,000,000$)(379,000,000$)(398,000,000$)(21,000,000$)580,000,000$385,000,000$413,000,000$29,000,000$(4,000,000$)(13,000,000$)(15,000,000$)(10,000,000$)2,000,000$13,000,000$2,000,000$20,000,000$9,000,000$6,000,000$(422,000,000$)(376,000,000$)(12,000,000$)1,000,000$428,000,000$362,000,000$1,000,000$11,000,000$6,000,000$
Interest Expenses95,000,000$96,000,000$97,000,000$95,000,000$98,000,000$100,000,000$99,000,000$99,000,000$107,000,000$106,000,000$106,000,000$107,000,000$107,000,000$107,000,000$113,000,000$108,000,000$108,000,000$114,000,000$108,000,000$103,000,000$101,000,000$104,000,000$110,000,000$111,000,000$106,000,000$120,000,000$134,000,000$127,000,000$129,000,000$128,000,000$113,000,000$114,000,000$112,000,000$112,000,000$109,000,000$107,000,000$105,000,000$102,000,000$85,000,000$82,000,000$78,000,000$
Interest Income