Net Income | 5,503 | 5,336 | 6,920 | 5,732 | 6,315 | 6,833 | |
Depreciation & Amortization | 1,259 | 1,213 | 1,167 | 1,151 | 1,189 | 1,124 | |
Other Amortization | 346 | 346 | 263 | 253 | 175 | 166 | |
Asset Writedown & Restructuring Costs | 87 | 87 | 92 | 100 | 36 | 27 | |
Loss (Gain) From Sale of Investments | - | - | - | - | - | 128 | |
Stock-Based Compensation | 276 | 277 | 265 | 238 | 227 | 221 | |
Other Operating Activities | -584 | -124 | -971 | 913 | 1,225 | 744 | |
Change in Accounts Receivable | -729 | -328 | -492 | -2,281 | -1,019 | -92 | |
Change in Inventory | -457 | -478 | -44 | -107 | 564 | 74 | |
Change in Accounts Payable | 286 | -93 | 151 | 1,274 | -98 | -372 | |
Change in Unearned Revenue | 630 | 605 | 702 | 381 | 562 | 491 | |
Change in Income Taxes | 129 | 131 | -133 | 148 | 45 | -19 | |
Change in Other Net Operating Assets | - | - | - | - | - | -1,197 | |
Operating Cash Flow | 6,746 | 6,972 | 7,920 | 7,802 | 9,221 | 8,183 | |
Operating Cash Flow Growth | -15.58% | -11.97% | 1.51% | -15.39% | 12.68% | 11.93% | |
Capital Expenditures | -1,761 | -1,685 | -1,691 | -1,670 | -1,522 | -1,766 | |
Other Investing Activities | -89 | -107 | -3 | -119 | 361 | -244 | |
Investing Cash Flow | -1,850 | -1,792 | -1,694 | -1,789 | -1,161 | -2,010 | |
Long-Term Debt Issued | - | 2,970 | 1,975 | 6,211 | - | 1,131 | |
Total Debt Issued | 990 | 2,970 | 1,975 | 6,211 | - | 1,131 | |
Long-Term Debt Repaid | - | -168 | -115 | -2,250 | -500 | -1,650 | |
Total Debt Repaid | -168 | -168 | -115 | -2,250 | -500 | -1,650 | |
Net Debt Issued (Repaid) | 822 | 2,802 | 1,860 | 3,961 | -500 | -519 | |
Repurchase of Common Stock | -3,450 | -3,700 | -6,000 | -7,900 | -4,087 | -1,100 | |
Common Dividends Paid | -3,075 | -3,059 | -3,056 | -3,016 | -2,940 | -2,764 | |
Other Financing Activities | -180 | -182 | -135 | -115 | -89 | -144 | |
Financing Cash Flow | -5,883 | -4,139 | -7,331 | -7,070 | -7,616 | -4,527 | |
Net Cash Flow | -987 | 1,041 | -1,105 | -1,057 | 444 | 1,646 | |
Free Cash Flow | 4,985 | 5,287 | 6,229 | 6,132 | 7,699 | 6,417 | |
Free Cash Flow Growth | -19.80% | -15.12% | 1.58% | -20.35% | 19.98% | 10.13% | |
Free Cash Flow Margin | 6.94% | 7.44% | 9.22% | 9.29% | 11.48% | 9.81% | |
Free Cash Flow Per Share | 20.98 | 22.10 | 24.80 | 23.18 | 27.75 | 22.82 | |
Cash Interest Paid | 950 | 950 | 832 | 573 | 543 | 567 | |
Cash Income Tax Paid | 1,300 | 1,300 | 1,800 | 1,600 | 1,400 | 1,400 | |
Levered Free Cash Flow | 5,291 | 5,398 | 5,458 | 3,790 | 5,173 | 4,998 | |
Unlevered Free Cash Flow | 5,947 | 6,045 | 6,030 | 4,179 | 5,528 | 5,367 | |
Change in Net Working Capital | -1,183 | -1,406 | -365 | 461 | -571 | -74 | |