Cash flow Statement (Annual, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Dec 31 2022) 12 Months |
(Dec 31 2021) 12 Months |
(Dec 31 2020) 12 Months |
(Dec 31 2019) 12 Months |
Income |
1,228.74 |
899.10 |
652.98 |
355.77 |
350.16 |
Depreciation & amortization |
319.39 |
286.83 |
254.66 |
238.53 |
212.78 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Revenue
|
- |
- |
- |
- |
- |
Restructuring charge |
- |
- |
- |
- |
- |
Provision for Doubtful Accounts |
1.57 |
-0.76 |
0.49 |
0.16 |
0.03 |
Increase (Decrease) in Inventories |
-3.65 |
-3.01 |
-6.39 |
-0.39 |
-4.53 |
Minority interests |
- |
- |
- |
- |
- |
Gain (Loss) on Sale of Assets and Asset Impairment Charges |
- |
- |
- |
- |
- |
Share-based Compensation |
124.02 |
98.03 |
176.39 |
82.63 |
91.40 |
Income from affiliates |
- |
- |
- |
- |
- |
Tax benefit on stock options |
- |
- |
- |
- |
- |
Losses Gains On Sales Of Assets And Asset Impairment Charges |
- |
- |
- |
- |
- |
Gain Loss On Sale Of Assets Asset Impairments Including Cash And Non Cash Components |
- |
20.74 |
17.09 |
28.87 |
15.40 |
Amortization Of Operating Lease Assets |
- |
- |
- |
184.54 |
163.95 |
Deferred Rent |
- |
- |
- |
- |
- |
Operating Lease Assets |
- |
234.27 |
223.84 |
36.96 |
30.40 |
Gain Loss On Sale Of Assets Asset Impairments Non Cash Components |
37.03 |
-207.19 |
-207.16 |
- |
- |
Increase Decrease In Operating Lease Assets |
254.24 |
- |
- |
- |
- |
Increase Decrease In Contract With Customer Liability |
35.69 |
- |
- |
- |
- |
Increase Decrease In Operating Lease Liability |
-214.48 |
- |
- |
- |
- |
Income taxes |
-14.74 |
3.07 |
181.02 |
-146.90 |
-2.12 |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Accounts Receivable |
45.83 |
-4.16 |
-46.24 |
79.69 |
9.13 |
Increase (Decrease) in Accounts Payable |
5.31 |
18.21 |
21.44 |
-3.86 |
-0.97 |
Increase (Decrease) in Accrued Liabilities |
3.19 |
-27.96 |
11.00 |
5.60 |
36.54 |
Deferred revenue |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Expense and Other Assets |
-39.21 |
-14.66 |
-26.83 |
-11.44 |
-23.07 |
Other Working Capital |
13.64 |
3.51 |
0.01 |
-24.80 |
4.68 |
Other Noncash Income (Expense) |
-13.08 |
-16.20 |
-4.60 |
3.64 |
-10.59 |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
33.37 |
34.39 |
-165.15 |
-151.56 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
1,783.48 |
1,323.18 |
1,282.08 |
663.85 |
721.63 |
Capital Expenditures |
-560.73 |
-479.16 |
-442.48 |
-373.35 |
-333.91 |
Sale of Capital Items |
- |
- |
4.04 |
- |
13.97 |
Proceeds from Sale and Maturity of Marketable Securities |
729.85 |
263.55 |
345.75 |
419.08 |
476.72 |
Payments to Acquire Marketable Securities |
-1,115.13 |
-614.42 |
-429.35 |
-468.42 |
-448.75 |
Proceeds from other investments |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Purchases of Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Acquisition net of cash acquired |
- |
- |
- |
- |
- |
Payments to Acquire Equity Method Investments |
- |
- |
- |
-10.03 |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Notes receivable |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Other Net |
0.00 |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-946.01 |
-830.03 |
-522.04 |
-432.72 |
-291.97 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-592.35 |
-830.14 |
-466.46 |
-54.40 |
-190.62 |
Exercise of stock options |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-477.27 |
-945.49 |
-717.98 |
-558.93 |
-291.27 |
Payments On Deemed Landlord Financing |
- |
- |
- |
- |
- |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
408.97 |
846.23 |
635.84 |
508.48 |
280.15 |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
-660.65 |
-929.40 |
-548.61 |
-104.85 |
-201.74 |
Effect of exchange rate on cash flow |
0.38 |
-1.01 |
-1.04 |
1.08 |
0.41 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
1,222.75 |
844.02 |
843.64 |
290.50 |
401.69 |
Total Cash Flow |
177.20 |
-437.26 |
210.39 |
127.36 |
228.33 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
400.23 |
- |
- |
- |
109.57 |