Yum China Holdings, Inc. (YUMC)
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-Aug-312017-May-312016-Dec-312016-Aug-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-FY2017Q4-FY2016Q3-FY2016
Close Price of Common Stock54.89$47.73$42.88$44.70$52.07$48.21$45.02$30.83$39.78$42.43$55.70$56.51$63.39$54.64$47.30$48.55$41.54$49.84$58.10$66.27$59.21$57.12$52.97$48.15$42.62$47.99$45.46$46.19$44.90$33.53$35.11$38.47$41.53$40.03$39.98$
Market Cap of Common Stock19,379,698,329$17,250,539,132$15,810,634,872$16,687,563,445$19,584,811,463$18,308,432,612$17,306,750,472$12,020,669,411$15,942,185,104$17,551,350,676$23,218,797,377$23,609,653,269$26,522,422,782$22,862,870,131$19,845,745,241$20,460,444,075$17,679,000,250$21,337,845,045$24,453,390,380$27,873,074,987$24,890,197,797$23,950,856,263$19,973,681,520$18,123,366,737$16,016,015,942$18,039,853,330$17,130,635,202$17,471,395,168$17,017,744,082$12,710,381,129$13,455,792,761$14,852,513,680$16,018,148,203$15,373,747,389$15,325,781,396$
QoQ%12.34%9.11%(5.26%)(14.79%)6.97%5.79%43.98%(24.60%)(9.17%)(24.41%)(1.66%)(10.98%)16.01%15.20%(3.00%)15.73%(17.15%)(12.74%)(12.27%)11.98%3.92%19.91%10.21%13.16%(11.22%)5.31%(1.95%)2.67%33.89%(5.54%)(9.40%)(7.28%)4.19%.31%
YoY%(1.05%)(5.78%)(8.65%)38.82%22.85%4.31%(25.46%)(49.09%)(39.89%)(23.23%)17.00%15.39%50.02%7.15%(18.84%)(26.59%)(28.97%)(10.91%)22.43%53.80%55.41%32.77%16.60%3.73%(5.89%)41.93%27.31%17.63%6.24%(17.32%)(12.20%)
Common Shares Outstanding353,096,444354,000,000364,000,000371,000,000375,000,000378,000,000381,000,000386,000,000392,000,000407,000,000415,000,000417,000,000418,000,000419,000,000419,000,000420,000,000423,000,000428,000,000424,000,000421,000,000420,000,000420,000,000419,000,000377,000,000376,000,000376,000,000376,000,000377,000,000379,000,000379,000,000382,000,000385,000,000386,000,000385,000,000384,055,643384,760,471384,311,143364,000,000363,758,219363,758,219
QoQ%(.26%)(2.75%)(1.89%)(1.07%)(.79%)(.79%)(1.30%)(1.53%)(3.69%)(1.93%)(.48%)(.24%)(.24%).00%(.24%)(.71%)(1.17%).94%.71%.24%.00%.24%11.14%.27%.00%.00%(.27%)(.53%).00%(.79%)(.78%)(.26%).26%.25%(.18%).12%5.65%.07%.00%
YoY%(5.84%)(6.35%)(4.46%)(3.89%)(4.34%)(7.13%)(8.19%)(7.43%)(6.22%)(2.86%)(.96%)(.71%)(1.18%)(2.10%)(1.18%)(.24%).71%1.91%1.19%11.67%11.70%11.70%11.44%.00%(.79%)(.79%)(1.57%)(2.08%)(1.81%)(1.56%)(.54%).06%.44%5.84%5.58%5.77%
Price to Sales1.64x1.46x1.37x1.46x1.73x1.62x1.55x1.09x1.45x1.60x2.20x2.28x2.70x2.39x2.03x2.12x1.77x2.17x2.49x2.90x2.75x2.90x2.49x2.26x1.95x2.06x1.98x2.04x2.00x1.51x1.44x1.60x1.77x
Price to Earnings20.86x18.57x17.49x18.16x21.38x20.10x19.38x14.31x19.32x21.22x29.65x31.69x42.03x51.73x22.97x26.85x20.56x21.55x36.72x27.85x26.15x30.55x27.63x35.75x28.96x25.30x24.58x25.81x26.51x17.95x24.96x29.01x32.43x
Price to Book3.60x3.21x2.78x2.88x3.39x3.20x2.88x2.07x2.72x2.74x3.53x3.61x3.97x3.53x3.09x3.13x2.56x3.02x3.70x4.24x3.90x3.86x3.35x5.66x5.24x5.86x5.66x5.83x5.70x4.42x4.51x4.95x5.16x5.56x5.34x
Total Revenue2,823,000,000$3,206,000,000$2,787,000,000$2,981,000,000$2,595,000,000$3,071,000,000$2,679,000,000$2,958,000,000$2,493,000,000$2,914,000,000$2,654,000,000$2,917,000,000$2,088,000,000$2,685,000,000$2,128,000,000$2,668,000,000$2,291,000,000$2,554,000,000$2,451,000,000$2,557,000,000$2,259,000,000$2,348,000,000$1,902,000,000$1,754,000,000$2,029,000,000$2,319,000,000$2,124,000,000$2,304,000,000$1,914,000,000$2,212,000,000$2,068,000,000$2,221,000,000$2,853,000,000$2,130,000,000$1,841,000,000$2,301,000,000$1,883,000,000$1,588,000,000$1,969,000,000$
QoQ%(11.95%)15.03%(6.51%)14.88%(15.50%)14.63%(9.43%)18.65%(14.45%)9.80%(9.02%)39.70%(22.24%)26.18%(20.24%)16.46%(10.30%)4.20%(4.15%)13.19%(3.79%)23.45%8.44%(13.55%)(12.51%)9.18%(7.81%)20.38%(13.47%)6.96%(6.89%)(22.15%)33.94%15.70%22.20%18.58%
YoY%8.79%4.40%4.03%.78%4.09%5.39%.94%1.41%19.40%8.53%24.72%9.33%(8.86%)5.13%(13.18%)4.34%1.42%8.77%28.86%45.78%11.34%1.25%(10.45%)(23.87%)6.01%4.84%2.71%3.74%(32.91%)3.85%12.33%23.99%13.12%15.93%(4.37%)
TTM11,797,000,000$11,569,000,000$11,434,000,000$11,326,000,000$11,303,000,000$11,201,000,000$11,044,000,000$11,019,000,000$10,978,000,000$10,573,000,000$10,344,000,000$9,818,000,000$9,569,000,000$9,772,000,000$9,641,000,000$9,964,000,000$9,853,000,000$9,821,000,000$9,615,000,000$9,066,000,000$8,263,000,000$8,033,000,000$8,004,000,000$8,226,000,000$8,776,000,000$8,661,000,000$8,554,000,000$8,498,000,000$8,415,000,000$9,354,000,000$9,272,000,000$9,045,000,000$
TTM_QoQ%1.97%1.18%.95%.20%.91%1.42%.23%.37%3.83%2.21%5.36%2.60%(2.08%)1.36%(3.24%)1.13%.33%2.14%6.06%9.72%2.86%.36%(2.70%)(6.27%)1.33%1.25%.66%.99%(10.04%).88%2.51%
TTM_YoY%4.37%3.29%3.53%2.79%2.96%5.94%6.77%12.23%14.73%8.20%7.29%(1.47%)(2.88%)(.50%).27%9.91%19.24%22.26%20.13%10.21%(5.85%)(7.25%)(6.43%)(3.20%)4.29%(7.41%)(7.74%)(6.05%)
Gross Margin19.06%22.68%21.39%23.48%17.80%21.82%20.23%22.21%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%25.48%32.11%24.88%24.82%25.08%20.77%14.23%17.88%
QoQ(3.62%)1.29%(2.10%)5.68%(4.01%)1.59%(1.98%)(77.79%).00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%74.52%(6.62%)7.22%.06%4.31%6.53%
YoY1.26%.86%1.15%1.27%(82.20%)(78.18%)(79.77%)(77.79%).00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%74.52%67.89%75.12%75.18%7.03%4.12%10.59%2.89%
Operating Income187,000,000$400,000,000$304,000,000$399,000,000$151,000,000$371,000,000$266,000,000$374,000,000$110,000,000$323,000,000$257,000,000$416,000,000$41,000,000$316,000,000$81,000,000$191,000,000$633,000,000$178,000,000$233,000,000$342,000,000$180,000,000$556,000,000$128,000,000$97,000,000$94,000,000$300,000,000$204,000,000$303,000,000$84,000,000$269,000,000$193,000,000$395,000,000$64,000,000$264,000,000$171,000,000$52,000,000$286,000,000$87,000,000$255,000,000$
QoQ%(53.25%)31.58%(23.81%)164.24%(59.30%)39.47%(28.88%)240.00%(65.94%)25.68%(38.22%)914.63%(87.03%)290.12%(57.59%)(69.83%)255.62%(23.61%)(31.87%)90.00%(67.63%)334.38%31.96%3.19%(68.67%)47.06%(32.67%)260.71%(68.77%)39.38%(51.14%)517.19%(75.76%)54.39%(81.82%)228.74%
YoY%23.84%7.82%14.29%6.68%37.27%14.86%3.50%(10.10%)168.29%2.22%217.28%117.80%(93.52%)77.53%(65.24%)(44.15%)251.67%(67.99%)82.03%252.58%91.49%85.33%(37.26%)(67.99%)11.91%11.52%5.70%(23.29%)31.25%1.89%12.87%23.08%(7.69%)96.55%12.16%
TTM1,290,000,000$1,254,000,000$1,225,000,000$1,187,000,000$1,162,000,000$1,121,000,000$1,073,000,000$1,064,000,000$1,106,000,000$1,037,000,000$1,030,000,000$854,000,000$629,000,000$1,221,000,000$1,083,000,000$1,235,000,000$1,386,000,000$933,000,000$1,311,000,000$1,206,000,000$961,000,000$875,000,000$619,000,000$695,000,000$901,000,000$891,000,000$860,000,000$849,000,000$941,000,000$921,000,000$916,000,000$894,000,000$
TTM_QoQ%2.87%2.37%3.20%2.15%3.66%4.47%.85%(3.80%)6.65%.68%20.61%35.77%(48.49%)12.74%(12.31%)(10.90%)48.55%(28.83%)8.71%25.49%9.83%41.36%(10.94%)(22.86%)1.12%3.61%1.30%(9.78%)2.17%.55%2.46%
TTM_YoY%11.02%11.86%14.17%11.56%5.06%8.10%4.18%24.59%75.84%(15.07%)(4.89%)(30.85%)(54.62%)30.87%(17.39%)2.41%44.23%6.63%111.79%73.53%6.66%(1.80%)(28.02%)(18.14%)(4.25%)(3.26%)(6.11%)(5.03%)
Operating Margin6.62%12.48%10.91%13.39%5.82%12.08%9.93%12.64%4.41%11.08%9.68%14.26%1.96%11.77%3.81%7.16%27.63%6.97%9.51%13.38%7.97%23.68%6.73%5.53%4.63%12.94%9.61%13.15%4.39%12.16%9.33%17.79%2.24%12.39%9.29%2.26%15.19%5.48%12.95%
QoQ(5.85%)1.57%(2.48%)7.57%(6.26%)2.15%(2.72%)8.23%(6.67%)1.40%(4.58%)12.30%(9.81%)7.96%(3.35%)(20.47%)20.66%(2.54%)(3.87%)5.41%(15.71%)16.95%1.20%.90%(8.30%)3.33%(3.55%)8.76%(7.77%)2.83%(8.45%)15.54%(10.15%)3.11%(12.93%)9.71%
YoY.81%.40%.98%.74%1.41%1.00%.25%(1.62%)2.45%(.69%)5.88%7.10%(25.67%)4.80%(5.70%)(6.22%)19.66%(16.71%)2.78%7.85%3.34%10.74%(2.88%)(7.62%).24%.78%.27%(4.63%)2.15%(.23%).05%(.02%)(2.80%)3.81%2.24%
Net Income153,000,000$305,000,000$233,000,000$313,000,000$126,000,000$319,000,000$228,000,000$307,000,000$107,000,000$267,000,000$214,000,000$313,000,000$58,000,000$227,000,000$83,000,000$110,000,000$476,000,000$111,000,000$193,000,000$243,000,000$161,000,000$450,000,000$136,000,000$66,000,000$94,000,000$235,000,000$185,000,000$229,000,000$78,000,000$212,000,000$150,000,000$296,000,000$(90,000,000$)132,000,000$210,000,000$86,000,000$202,000,000$73,000,000$192,000,000$
QoQ%(49.84%)30.90%(25.56%)148.41%(60.50%)39.91%(25.73%)186.92%(59.93%)24.77%(31.63%)439.66%(74.45%)173.49%(24.55%)(76.89%)328.83%(42.49%)(20.58%)50.93%(64.22%)230.88%106.06%(29.79%)(60.00%)27.03%(19.21%)193.59%(63.21%)41.33%(49.32%)428.89%(168.18%)(37.14%)(57.43%)176.71%
YoY%21.43%(4.39%)2.19%1.95%17.76%19.48%6.54%(1.92%)84.48%17.62%157.83%184.55%(87.82%)104.51%(57.00%)(54.73%)195.65%(75.33%)41.91%268.18%71.28%91.49%(26.49%)(71.18%)20.51%10.85%23.33%(22.64%)186.67%60.61%(28.57%)(204.65%)(34.65%)187.67%5.21%
TTM1,004,000,000$977,000,000$991,000,000$986,000,000$980,000,000$961,000,000$909,000,000$895,000,000$901,000,000$852,000,000$812,000,000$681,000,000$478,000,000$896,000,000$780,000,000$890,000,000$1,023,000,000$708,000,000$1,047,000,000$990,000,000$813,000,000$746,000,000$531,000,000$580,000,000$743,000,000$727,000,000$704,000,000$669,000,000$736,000,000$568,000,000$488,000,000$548,000,000$
TTM_QoQ%2.76%(1.41%).51%.61%1.98%5.72%1.56%(.67%)5.75%4.93%19.24%42.47%(46.65%)14.87%(12.36%)(13.00%)44.49%(32.38%)5.76%21.77%8.98%40.49%(8.45%)(21.94%)2.20%3.27%5.23%(9.10%)29.58%16.39%(10.95%)
TTM_YoY%2.45%1.67%9.02%10.17%8.77%12.79%11.95%31.42%88.49%(4.91%)4.10%(23.48%)(53.28%)26.55%(25.50%)(10.10%)25.83%(5.09%)97.18%70.69%9.42%2.61%(24.57%)(13.30%).95%27.99%44.26%22.08%
Profit Margin5.42%9.51%8.36%10.50%4.86%10.39%8.51%10.38%4.29%9.16%8.06%10.73%2.78%8.45%3.90%4.12%20.78%4.35%7.87%9.50%7.13%19.17%7.15%3.76%4.63%10.13%8.71%9.94%4.08%9.58%7.25%13.33%(3.16%)6.20%11.41%3.74%10.73%4.60%9.75%
QoQ(4.09%)1.15%(2.14%)5.65%(5.53%)1.88%(1.87%)6.09%(4.87%)1.10%(2.67%)7.95%(5.68%)4.55%(.22%)(16.65%)16.43%(3.53%)(1.63%)2.38%(12.04%)12.02%3.39%(.87%)(5.50%)1.42%(1.23%)5.86%(5.51%)2.33%(6.07%)16.48%(9.35%)(5.21%)(6.99%)6.13%
YoY.57%(.87%)(.15%).12%.56%1.22%.45%(.35%)1.51%.71%4.16%6.61%(18.00%)4.11%(3.97%)(5.38%)13.65%(14.82%).72%5.74%2.49%9.03%(1.56%)(6.18%).56%.55%1.46%(3.39%)7.23%3.39%(4.15%)(6.89%)(4.53%)6.81%.98%
Equity to Common Shareholders5,379,000,000$5,692,000,000$5,789,000,000$5,784,000,000$5,728,000,000$6,016,000,000$5,812,000,000$5,865,000,000$6,405,000,000$6,571,000,000$6,549,000,000$6,678,000,000$6,482,000,000$6,418,000,000$6,529,000,000$6,893,000,000$7,056,000,000$6,608,000,000$6,575,000,000$6,375,000,000$6,206,000,000$5,962,000,000$3,203,000,000$3,054,000,000$3,077,000,000$3,025,000,000$2,997,000,000$2,986,000,000$2,873,000,000$2,984,000,000$3,003,000,000$3,107,000,000$2,765,000,000$2,871,000,000$2,669,000,000$2,580,000,000$2,377,000,000$2,044,000,000$1,921,000,000$
QoQ(313,000,000$)(97,000,000$)5,000,000$56,000,000$(288,000,000$)204,000,000$(53,000,000$)(540,000,000$)(166,000,000$)22,000,000$(129,000,000$)196,000,000$64,000,000$(111,000,000$)(364,000,000$)(163,000,000$)448,000,000$33,000,000$200,000,000$169,000,000$244,000,000$2,759,000,000$149,000,000$(23,000,000$)52,000,000$28,000,000$11,000,000$113,000,000$(111,000,000$)(19,000,000$)(104,000,000$)342,000,000$(106,000,000$)202,000,000$89,000,000$203,000,000$333,000,000$
QoQ%(5.50%)(1.68%).09%.98%(4.79%)3.51%(.90%)(8.43%)(2.53%).34%(1.93%)3.02%1.00%(1.70%)(5.28%)(2.31%)6.78%.50%3.14%2.72%4.09%86.14%4.88%(.75%)1.72%.93%.37%3.93%(3.72%)(.63%)(3.35%)12.37%(3.69%)7.57%3.45%8.54%16.29%
YoY(349,000,000$)(324,000,000$)(23,000,000$)(81,000,000$)(677,000,000$)(555,000,000$)(737,000,000$)(813,000,000$)(77,000,000$)153,000,000$20,000,000$(215,000,000$)(574,000,000$)(190,000,000$)(46,000,000$)518,000,000$850,000,000$646,000,000$3,372,000,000$3,321,000,000$3,129,000,000$2,937,000,000$206,000,000$68,000,000$204,000,000$41,000,000$(6,000,000$)(121,000,000$)108,000,000$113,000,000$334,000,000$527,000,000$388,000,000$827,000,000$659,000,000$
YoY%(6.09%)(5.39%)(.40%)(1.38%)(10.57%)(8.45%)(11.25%)(12.17%)(1.19%)2.38%.31%(3.12%)(8.14%)(2.88%)(.70%)8.13%13.70%10.84%105.28%108.74%101.69%97.09%6.87%2.28%7.10%1.37%(.20%)(3.89%)3.91%3.94%12.51%20.43%16.32%40.46%34.31%
Dividends Paid129,000,000$94,000,000$102,000,000$103,000,000$105,000,000$69,000,000$74,000,000$80,000,000$94,000,000$63,000,000$67,000,000$69,000,000$93,000,000$57,000,000$56,000,000$68,000,000$86,000,000$59,000,000$64,000,000$51,000,000$76,000,000$0$0$45,000,000$52,000,000$45,000,000$45,000,000$46,000,000$53,000,000$40,000,000$38,000,000$39,000,000$
Additional Paid-In Capital QoQ
Treasury Stock28,000,000$10,000,000$12,000,000$8,000,000$52,000,000$18,000,000$17,000,000$76,000,000$315,000,000$221,000,000$148,000,000$148,000,000$148,000,000$59,000,000$20,000,000$20,000,000$
QoQ18,000,000$(2,000,000$)4,000,000$(44,000,000$)34,000,000$1,000,000$(59,000,000$)94,000,000$73,000,000$0$0$89,000,000$39,000,000$0$
Goodwill1,963,000,000$1,926,000,000$1,915,000,000$1,891,000,000$1,880,000,000$1,955,000,000$1,888,000,000$1,900,000,000$1,932,000,000$1,879,000,000$1,891,000,000$1,995,000,000$1,988,000,000$1,927,000,000$2,047,000,000$2,163,000,000$2,142,000,000$858,000,000$841,000,000$829,000,000$832,000,000$800,000,000$309,000,000$250,000,000$254,000,000$256,000,000$266,000,000$273,000,000$266,000,000$266,000,000$276,000,000$291,000,000$108,000,000$107,000,000$103,000,000$80,000,000$79,000,000$82,000,000$85,000,000$
QoQ%1.92%.57%1.27%.59%(3.84%)3.55%(.63%)(1.66%)2.82%(.64%)(5.21%).35%3.17%(5.86%)(5.36%).98%149.65%2.02%1.45%(.36%)4.00%158.90%23.60%(1.58%)(.78%)(3.76%)(2.56%)2.63%.00%(3.62%)(5.16%)169.44%.94%3.88%28.75%1.27%(3.66%)
YoY%4.42%(1.48%)1.43%(.47%)(2.69%)4.05%(.16%)(4.76%)(2.82%)(2.49%)(7.62%)(7.77%)(7.19%)124.59%143.40%160.92%157.45%7.25%172.17%231.60%227.56%212.50%16.17%(8.43%)(4.51%)(3.76%)(3.62%)(6.19%)146.30%148.60%167.96%263.75%36.71%30.49%(5.88%)
Other Intangible Assets148,000,000$146,000,000$145,000,000$144,000,000$144,000,000$150,000,000$146,000,000$147,000,000$150,000,000$147,000,000$148,000,000$157,000,000$159,000,000$176,000,000$213,000,000$251,000,000$272,000,000$218,000,000$228,000,000$234,000,000$246,000,000$246,000,000$183,000,000$89,000,000$94,000,000$97,000,000$105,000,000$111,000,000$116,000,000$133,000,000$145,000,000$161,000,000$101,000,000$104,000,000$105,000,000$87,000,000$88,000,000$96,000,000$107,000,000$
QoQ2,000,000$1,000,000$1,000,000$0$(6,000,000$)4,000,000$(1,000,000$)(3,000,000$)3,000,000$(1,000,000$)(9,000,000$)(2,000,000$)(17,000,000$)(37,000,000$)(38,000,000$)(21,000,000$)54,000,000$(10,000,000$)(6,000,000$)(12,000,000$)0$63,000,000$94,000,000$(5,000,000$)(3,000,000$)(8,000,000$)(6,000,000$)(5,000,000$)(17,000,000$)(12,000,000$)(16,000,000$)60,000,000$(3,000,000$)(1,000,000$)18,000,000$(1,000,000$)(8,000,000$)
Amortization of Intangible Assets0$1,000,000$0$1,000,000$0$1,000,000$0$1,000,000$1,000,000$2,000,000$23,000,000$24,000,000$26,000,000$26,000,000$44,000,000$(20,000,000$)11,000,000$10,000,000$10,000,000$8,000,000$3,000,000$3,000,000$3,000,000$3,000,000$4,000,000$6,000,000$6,000,000$7,000,000$7,000,000$7,000,000$5,000,000$3,000,000$3,000,000$4,000,000$3,000,000$3,000,000$
Total Assets10,783,000,000$11,034,000,000$10,983,000,000$11,002,000,000$11,121,000,000$11,801,000,000$11,568,000,000$11,295,000,000$12,031,000,000$12,070,000,000$11,675,000,000$11,963,000,000$11,826,000,000$11,696,000,000$12,054,000,000$12,639,000,000$13,223,000,000$11,506,000,000$11,304,000,000$10,837,000,000$10,875,000,000$10,386,000,000$6,963,000,000$6,577,000,000$6,950,000,000$6,710,000,000$6,725,000,000$6,762,000,000$4,610,000,000$4,691,000,000$4,730,000,000$4,610,000,000$4,287,000,000$4,460,000,000$4,021,000,000$3,977,000,000$3,727,000,000$3,463,000,000$3,201,000,000$
QoQ(251,000,000$)51,000,000$(19,000,000$)(119,000,000$)(680,000,000$)233,000,000$273,000,000$(736,000,000$)(39,000,000$)395,000,000$(288,000,000$)137,000,000$130,000,000$(358,000,000$)(585,000,000$)(584,000,000$)1,717,000,000$202,000,000$467,000,000$(38,000,000$)489,000,000$3,423,000,000$386,000,000$(373,000,000$)240,000,000$(15,000,000$)(37,000,000$)2,152,000,000$(81,000,000$)(39,000,000$)120,000,000$323,000,000$(173,000,000$)439,000,000$44,000,000$250,000,000$264,000,000$
YoY(338,000,000$)(767,000,000$)(585,000,000$)(293,000,000$)(910,000,000$)(269,000,000$)(107,000,000$)(668,000,000$)205,000,000$374,000,000$(379,000,000$)(676,000,000$)(1,397,000,000$)190,000,000$750,000,000$1,802,000,000$2,348,000,000$1,120,000,000$4,341,000,000$4,260,000,000$3,925,000,000$3,676,000,000$238,000,000$(185,000,000$)2,340,000,000$2,019,000,000$1,995,000,000$2,152,000,000$323,000,000$231,000,000$709,000,000$633,000,000$560,000,000$997,000,000$776,000,000$
Total Liabilities4,684,000,000$4,648,000,000$4,514,000,000$4,563,000,000$4,694,000,000$5,073,000,000$5,086,000,000$4,707,000,000$4,912,000,000$4,811,000,000$4,458,000,000$4,547,000,000$4,666,000,000$4,528,000,000$4,752,000,000$4,931,000,000$5,301,000,000$4,629,000,000$4,476,000,000$4,224,000,000$4,404,000,000$4,179,000,000$3,676,000,000$3,423,000,000$3,775,000,000$3,595,000,000$3,646,000,000$3,699,000,000$1,633,000,000$1,603,000,000$1,629,000,000$1,691,000,000$1,440,000,000$1,514,000,000$1,289,000,000$1,347,000,000$1,284,000,000$1,353,000,000$1,216,000,000$
QoQ36,000,000$134,000,000$(49,000,000$)(131,000,000$)(379,000,000$)(13,000,000$)379,000,000$(205,000,000$)101,000,000$353,000,000$(89,000,000$)(119,000,000$)138,000,000$(224,000,000$)(179,000,000$)(370,000,000$)672,000,000$153,000,000$252,000,000$(180,000,000$)225,000,000$503,000,000$253,000,000$(352,000,000$)180,000,000$(51,000,000$)(53,000,000$)2,066,000,000$30,000,000$(26,000,000$)(62,000,000$)251,000,000$(74,000,000$)225,000,000$(58,000,000$)63,000,000$(69,000,000$)
YoY(10,000,000$)(425,000,000$)(572,000,000$)(144,000,000$)(218,000,000$)262,000,000$628,000,000$160,000,000$246,000,000$283,000,000$(294,000,000$)(384,000,000$)(635,000,000$)(101,000,000$)276,000,000$707,000,000$897,000,000$450,000,000$800,000,000$801,000,000$629,000,000$584,000,000$30,000,000$(276,000,000$)2,142,000,000$1,992,000,000$2,017,000,000$2,008,000,000$193,000,000$89,000,000$340,000,000$344,000,000$156,000,000$161,000,000$131,000,000$
Current Ratio1.05x1.32x1.39x1.26x1.18x1.29x1.23x1.39x1.42x1.59x1.71x1.77x1.82x2.24x2.13x2.05x1.98x2.32x2.38x2.47x2.39x2.39x1.34x1.38x1.30x1.37x1.31x1.30x1.56x1.72x1.74x1.74x1.76x1.69x1.69x1.61x1.42x1.06x.84x
Total Current Assets2,357,000,000$3,015,000,000$2,992,000,000$2,750,000,000$2,694,000,000$3,317,000,000$3,281,000,000$3,155,000,000$3,431,000,000$3,923,000,000$3,687,000,000$3,714,000,000$3,940,000,000$4,710,000,000$4,576,000,000$4,266,000,000$4,716,000,000$5,082,000,000$5,040,000,000$4,756,000,000$4,936,000,000$4,800,000,000$2,303,000,000$2,045,000,000$2,259,000,000$2,256,000,000$2,137,000,000$2,067,000,000$1,952,000,000$2,046,000,000$2,093,000,000$2,121,000,000$1,802,000,000$2,054,000,000$1,692,000,000$1,722,000,000$1,426,000,000$1,158,000,000$799,000,000$
QoQ(658,000,000$)23,000,000$242,000,000$56,000,000$(623,000,000$)36,000,000$126,000,000$(276,000,000$)(492,000,000$)236,000,000$(27,000,000$)(226,000,000$)(770,000,000$)134,000,000$310,000,000$(450,000,000$)(366,000,000$)42,000,000$284,000,000$(180,000,000$)136,000,000$2,497,000,000$258,000,000$(214,000,000$)3,000,000$119,000,000$70,000,000$115,000,000$(94,000,000$)(47,000,000$)(28,000,000$)319,000,000$(252,000,000$)362,000,000$(30,000,000$)296,000,000$268,000,000$
Total Current Liabilities2,246,000,000$2,284,000,000$2,157,000,000$2,190,000,000$2,283,000,000$2,578,000,000$2,678,000,000$2,263,000,000$2,422,000,000$2,472,000,000$2,152,000,000$2,100,000,000$2,166,000,000$2,104,000,000$2,153,000,000$2,085,000,000$2,383,000,000$2,194,000,000$2,116,000,000$1,922,000,000$2,067,000,000$2,007,000,000$1,723,000,000$1,483,000,000$1,736,000,000$1,648,000,000$1,626,000,000$1,587,000,000$1,253,000,000$1,192,000,000$1,206,000,000$1,220,000,000$1,024,000,000$1,212,000,000$1,002,000,000$1,068,000,000$1,004,000,000$1,092,000,000$948,000,000$
QoQ(38,000,000$)127,000,000$(33,000,000$)(93,000,000$)(295,000,000$)(100,000,000$)415,000,000$(159,000,000$)(50,000,000$)320,000,000$52,000,000$(66,000,000$)62,000,000$(49,000,000$)68,000,000$(298,000,000$)189,000,000$78,000,000$194,000,000$(145,000,000$)60,000,000$284,000,000$240,000,000$(253,000,000$)88,000,000$22,000,000$39,000,000$334,000,000$61,000,000$(14,000,000$)(14,000,000$)196,000,000$(188,000,000$)210,000,000$(66,000,000$)64,000,000$(88,000,000$)
Debt to Asset Ratio.43x.42x.41x.41x.42x.43x.44x.42x.41x.40x.38x.38x.39x.39x.39x.39x.40x.40x.40x.39x.40x.40x.53x.52x.54x.54x.54x.55x.35x.34x.34x.37x.34x.34x.32x.34x.34x.39x.38x
Long Term Debt
QoQ
YoY
Capital Lease Obligations2,261,000,000$2,187,000,000$2,182,000,000$2,192,000,000$2,233,000,000$2,312,000,000$2,245,000,000$2,266,000,000$2,325,000,000$2,192,000,000$2,177,000,000$2,301,000,000$2,354,000,000$2,303,000,000$2,473,000,000$2,711,000,000$2,794,000,000$2,469,000,000$2,386,000,000$2,322,000,000$2,363,000,000$2,232,000,000$2,078,000,000$2,107,000,000$2,185,000,000$2,089,000,000$2,164,000,000$2,233,000,000$
Cash and Cash Equivalents506,000,000$648,000,000$592,000,000$825,000,000$723,000,000$1,193,000,000$1,043,000,000$883,000,000$1,128,000,000$1,131,000,000$1,189,000,000$1,111,000,000$1,130,000,000$1,211,000,000$1,147,000,000$1,047,000,000$1,136,000,000$1,278,000,000$1,209,000,000$1,084,000,000$1,158,000,000$1,782,000,000$674,000,000$1,048,000,000$1,046,000,000$1,355,000,000$1,266,000,000$1,334,000,000$1,261,000,000$1,318,000,000$1,059,000,000$926,000,000$1,003,000,000$1,074,000,000$885,000,000$750,000,000$508,000,000$425,000,000$603,000,000$
QoQ(142,000,000$)56,000,000$(233,000,000$)102,000,000$(470,000,000$)150,000,000$160,000,000$(245,000,000$)(3,000,000$)(58,000,000$)78,000,000$(19,000,000$)(81,000,000$)64,000,000$100,000,000$(89,000,000$)(142,000,000$)69,000,000$125,000,000$(74,000,000$)(624,000,000$)1,108,000,000$(374,000,000$)2,000,000$(309,000,000$)(68,000,000$)73,000,000$(57,000,000$)259,000,000$133,000,000$(77,000,000$)(71,000,000$)189,000,000$135,000,000$242,000,000$83,000,000$
YoY(217,000,000$)(545,000,000$)(451,000,000$)(58,000,000$)(405,000,000$)62,000,000$(146,000,000$)(228,000,000$)(2,000,000$)(80,000,000$)42,000,000$64,000,000$(6,000,000$)(67,000,000$)(62,000,000$)(37,000,000$)(22,000,000$)(504,000,000$)535,000,000$36,000,000$112,000,000$427,000,000$(220,000,000$)21,000,000$207,000,000$408,000,000$258,000,000$244,000,000$174,000,000$176,000,000$495,000,000$649,000,000$147,000,000$
Interest Expenses0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
Interest Income