The Travelers Companies, Inc.

TRV

TRVThe Travelers Companies, Inc. US flag

New York Stock Exchange

316.96

USD

+6.35

- -

67.40BMarket Cap

Income Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	25,446	25,740	26,191	27,174	26,815	27,625	28,902	30,282	31,581	31,981	34,816	36,896	41,373	46,428	48,828
+ Sales & Services Revenue	25,446	25,740	26,191	27,174	26,815	27,625	28,902	30,282	31,581	31,981	34,816	36,896	41,373	46,428	48,828
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	3,556	3,610	3,757	3,964	4,094	4,154	4,170	4,297	4,365	4,509	4,677	4,810	5,176	5,819	6,120
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-3,556	-3,610	-3,757	-3,964	-4,094	-4,154	-4,170	-4,297	-4,365	-4,509	-4,677	-4,810	-5,176	-5,819	-6,120
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-1,352	-3,166	-4,945	-5,089	-4,740	-4,053	-2,730	-2,961	-3,138	-3,237	-4,458	-3,354	-3,371	-6,180	-7,796
+ Interest Expense, Net	386	378	361	369	373	363	369	352	344	339	340	351	376	392	425
+ Interest Expense	386	378	361	369	373	363	369	352	344	339	340	351	376	392	425
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-1,738	-3,544	-5,306	-5,458	-5,113	-4,416	-3,099	-3,313	-3,482	-3,576	-4,798	-3,705	-3,747	-6,572	-8,221
Pretax Income	1,352	3,166	4,945	5,089	4,740	4,053	2,730	2,961	3,138	3,237	4,458	3,354	3,371	6,180	7,796
- Income Tax Expense (Benefit)	-74	693	1,272	1,397	1,301	1,039	674	438	516	540	796	512	380	1,181	1,508
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1,426	2,473	3,673	3,692	3,439	3,014	2,056	2,523	2,622	2,697	3,662	2,842	2,991	4,999	6,288
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	1,426	2,473	3,673	3,692	3,439	3,014	2,056	2,523	2,622	2,697	3,662	2,842	2,991	4,999	6,288
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	1,426	2,473	3,673	3,692	3,439	3,014	2,056	2,523	2,622	2,697	3,662	2,842	2,991	4,999	6,288
- Preferred Dividends	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1,425	2,473	3,673	3,692	3,439	3,014	2,056	2,523	2,622	2,697	3,662	2,842	2,991	4,999	6,288
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITA	-802	-827	-867	-864	-818	-826	-813	-803	-763	-789	-870	-826	-722	-715	-680
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	5.6	9.61	14.02	13.59	12.82	10.91	7.11	8.33	8.3	8.43	10.52	7.7	7.23	10.77	12.88
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	1.6	1.8	1.97	2.15	2.38	2.63	2.84	3.04	3.25	3.4	3.5	3.69	3.95	4.17	4.37
Depreciation Expense	802	827	867	864	818	826	813	803	763	789	870	826	722	715	680
Basic Weighted Avg Shares	416	386	370	339	311	288	276	267	260	254	248	237	230	228	224
Basic EPS, GAAP	3.43	6.4	9.92	10.9	11.07	10.46	7.45	9.44	10.08	10.64	14.74	11.99	13.02	21.93	28.05
Basic EPS from Cont Ops	3.43	6.4	9.92	10.9	11.07	10.46	7.45	9.44	10.08	10.64	14.74	11.99	13.02	21.93	28.05
Diluted Weighted Avg Shares	420	390	374	342	314	291	279	270	262	255	251	240	232	23,110	228
Diluted EPS, GAAP	3.39	6.34	9.81	10.78	10.96	10.36	7.38	9.35	10	10.59	14.6	11.86	12.88	0.22	27.63
Diluted EPS from Cont Ops	3.39	6.34	9.81	10.78	10.96	10.36	7.38	9.35	10	10.59	14.6	11.86	12.88	0.22	27.63

Balance Sheet (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	68,599	69,851	69,075	69,111	66,414	66,419	68,386	68,190	73,996	80,719	83,300	76,236	84,052	89,687	26,169
+ Cash & Cash Equivalents	214	330	294	374	380	307	344	373	494	721	761	799	500	568	710
+ ST Investments	68,385	69,521	68,781	68,737	66,034	66,112	68,042	67,817	73,502	79,998	82,539	75,437	83,552	89,119	25,459
+ Accounts & Notes Receiv	22,071	21,390	20,166	19,920	19,721	19,618	20,228	20,661	20,743	20,421	20,427	20,564	21,674	22,281	21,888
+ Accounts Receivable, Net	22,071	21,390	20,166	19,920	19,721	19,618	20,228	20,661	20,743	20,421	20,427	20,564	21,674	22,281	21,888
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-90,670	-91,241	-89,241	-89,031	-86,135	-86,037	-88,614	-88,851	-94,739	-101,140	-103,727	-96,800	-105,726	-111,968	-48,057
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	68,385	69,521	68,781	68,737	66,034	66,112	68,042	67,817	73,502	79,998	82,539	75,437	83,552	89,119	96,167
+ LT Investments	68,385	69,521	68,781	68,737	66,034	66,112	68,042	67,817	73,502	79,998	82,539	75,437	83,552	89,119	96,167
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-68,385	-69,521	-68,781	-68,737	-66,034	-66,112	-68,042	-67,817	-73,502	-79,998	-82,539	-75,437	-83,552	-89,119	-96,167
+ Total Intangible Assets	3,798	3,746	3,985	3,915	3,852	3,848	4,293	4,282	4,291	4,293	4,314	4,239	4,253	4,593	4,402
+ Goodwill	3,365	3,365	3,634	3,611	3,573	3,580	3,951	3,937	3,961	3,976	4,008	3,952	3,976	4,233	4,066
+ Other Intangible Assets	433	381	351	304	279	268	342	345	330	317	306	287	277	360	336
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-72,183	-73,267	-72,766	-72,652	-69,886	-69,960	-72,335	-72,099	-77,793	-84,291	-86,853	-79,676	-87,805	-93,712	-100,569
Total Assets	104,575	104,938	103,812	103,078	100,184	100,245	103,483	104,233	110,122	116,764	120,466	115,717	125,978	133,189	143,708
+ Payables & Accruals	5,575	5,152	4,626	4,698	4,670	4,882	5,049	5,074	4,982	4,617	4,295	4,015	3,787	3,739	3,555
+ Accounts Payable	5,575	5,152	4,626	4,698	4,670	4,882	5,049	5,074	4,982	4,617	4,295	4,015	3,787	3,739	3,555
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	350	600	100	500	500	550	600	600	600	100	100	100	100	100	300
+ ST Borrowings	350	600	100	500	500	550	600	600	600	100	100	100	100	100	300
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-5,925	-5,752	-4,726	-5,198	-5,170	-5,432	-5,649	-5,674	-5,582	-4,717	-4,395	-4,115	-3,887	-3,839	-3,855
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-5,925	-5,752	-4,726	-5,198	-5,170	-5,432	-5,649	-5,674	-5,582	-4,717	-4,395	-4,115	-3,887	-3,839	-3,855
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	6,255	5,750	6,246	5,849	5,844	5,887	5,971	5,964	5,958	6,450	7,190	7,192	7,931	7,933	8,967
+ LT Borrowings	6,255	5,750	6,246	5,849	5,844	5,887	5,971	5,964	5,958	6,450	7,190	7,192	7,931	7,933	8,967
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-6,255	-5,750	-6,246	-5,849	-5,844	-5,887	-5,971	-5,964	-5,958	-6,450	-7,190	-7,192	-7,931	-7,933	-8,967
+ Accrued Liabilities	- -	338	- -	- -	- -	- -	- -	- -	137	558	289	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-6,255	-6,088	-6,246	-5,849	-5,844	-5,887	-5,971	-5,964	-6,095	-7,008	-7,479	-7,192	-7,931	-7,933	-8,967
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	80,098	79,533	79,016	78,242	76,586	77,024	79,752	81,339	84,179	87,563	91,579	94,157	101,057	105,325	110,814
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	41,464	42,322	43,000	43,686	44,344	45,228	45,772	46,288	23,469	23,743	24,154	24,565	24,906	25,452	25,910
+ Common Stock	20,732	21,161	21,500	21,843	22,172	22,614	22,886	23,144	23,469	23,743	24,154	24,565	24,906	25,452	25,910
+ Additional Paid in Capital	20,732	21,161	21,500	21,843	22,172	22,614	22,886	23,144	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	17,839	19,344	21,805	25,138	28,362	30,834	32,274	33,595	35,143	35,815	38,015	40,076	41,105	42,251	45,447
+ Retained Earnings	19,579	21,352	24,291	27,251	29,945	32,196	33,462	35,204	36,977	38,771	41,555	43,516	45,591	49,630	54,931
+ Other Equity	2,005	2,236	810	880	-157	-755	-343	-1,859	640	2,502	1,193	-6,445	-4,471	-4,967	-2,500
Equity Before Minority Interest	24,477	25,405	24,796	24,836	23,598	23,221	23,731	22,894	25,943	29,201	28,887	21,560	24,921	27,864	32,894
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	24,477	25,405	24,796	24,836	23,598	23,221	23,731	22,894	25,943	29,201	28,887	21,560	24,921	27,864	32,894
Total Liabilities & Equity	104,575	104,938	103,812	103,078	100,184	100,245	103,483	104,233	110,122	116,764	120,466	115,717	125,978	133,189	143,708
Shares Outstanding	393	377	354	322	296	280	271	264	256	252	241	232	228	227	218
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	6,391	6,020	6,052	5,975	5,964	6,130	6,227	6,191	6,064	5,829	6,529	6,493	7,531	7,465	8,557
Net Debt to Equity	26.11	23.7	24.41	24.06	25.27	26.4	26.24	27.04	23.37	19.96	22.6	30.12	30.22	26.79	26.01
Tangible Common Equity Ratio	20.52	21.4	20.85	21.1	20.5	20.1	19.6	18.62	20.46	22.15	21.16	15.54	16.98	18.1	20.45
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	1,426	2,473	3,673	3,692	3,439	3,014	2,056	2,523	2,622	2,697	3,662	2,842	2,991	4,999	6,288
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	4,405	4,567	4,332	4,302	4,599	4,621	4,703	4,692	4,967	5,530	5,561	6,068	7,380	7,828	8,059
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	63	223	167	121	117	110	337	-13	-33	-29	62	-186	-163	-152	210
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12	9	5	- -
+ Other Non-Cash Adj	4,342	4,344	4,165	4,181	4,482	4,511	4,366	4,705	5,000	5,559	5,499	6,242	7,534	7,975	7,849
+ Chg in Non-Cash Work Cap	-3,662	-3,810	-4,189	-4,301	-4,604	-3,166	-2,611	-2,835	-2,384	-1,708	-1,949	-2,445	-2,660	-3,753	-3,741
+ (Inc) Dec in Accts Receiv	572	315	1,338	193	87	324	-378	-493	-227	-68	-359	-533	-1,404	-748	-252
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	-4,234	-4,125	-5,527	-4,494	-4,691	-3,490	-2,233	-2,342	-2,157	-1,640	-1,590	-1,912	-1,256	-3,005	-3,489
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	2,169	3,230	3,816	3,693	3,434	4,469	4,148	4,380	5,205	6,519	7,274	6,465	7,711	9,074	10,606
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-2,651	-1,527	-2,461	-3,332	-3,224	-2,472	-1,440	-1,321	-1,548	-672	-2,200	-2,061	-1,022	-1,117	-3,131
+ Increase in Capital Stock	314	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-2,965	-1,527	-2,461	-3,332	-3,224	-2,472	-1,440	-1,321	-1,548	-672	-2,200	-2,061	-1,022	-1,117	-3,131
+ Net Change in LT Investment	1,588	-607	549	609	726	-1,410	-1,486	-2,007	-2,470	-4,449	-4,882	-3,308	-6,292	-6,490	-7,071
+ Dec in LT Investment	11,312	10,445	10,519	13,038	13,838	11,050	11,837	12,229	9,789	10,836	14,217	13,310	11,745	11,162	13,117
+ Inc in LT Investment	-9,724	-11,052	-9,970	-12,429	-13,112	-12,460	-13,323	-14,236	-12,259	-15,285	-19,099	-16,618	-18,037	-17,652	-20,188
+ Net Cash From Acq & Div	- -	- -	-997	-12	-13	- -	-439	-4	- -	- -	-38	-4	- -	-382	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	-997	-12	-13	- -	-439	-4	- -	- -	-38	-4	- -	-382	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-436	-365	-462	-391	-396	-317	-277	-318	-432	-443	-276	-416	-529	-392	-581
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	1,152	-972	-910	206	317	-1,727	-2,202	-2,329	-2,902	-4,892	-5,196	-3,728	-6,821	-7,264	-7,652
+ Dividends Paid	-665	-694	-729	-729	-739	-757	-785	-814	-844	-861	-869	-875	-908	-951	-979
+ Net Cash From Debt	-8	-258	-6	- -	-8	91	132	-9	-8	-10	739	- -	738	- -	1,233
+ Cash From Debt	- -	- -	494	- -	392	491	789	591	492	490	739	- -	738	- -	1,233
+ Repayments of Debt	-8	-258	-500	- -	-400	-400	-657	-600	-500	-500	- -	- -	- -	- -	- -
+ Other Financing Activities	18	333	257	252	238	332	173	132	213	127	293	267	141	321	214
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-3,306	-2,146	-2,939	-3,809	-3,733	-2,806	-1,920	-2,012	-2,187	-1,416	-2,037	-2,669	-1,051	-1,747	-2,663
Effect of Foreign Exchange Rates	-1	4	-3	-10	-12	-9	11	-10	5	16	-1	-30	12	-14	23
Net Changes in Cash	15	112	-33	90	18	-64	26	39	116	211	41	68	-161	63	291
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow	2,169	3,230	3,816	3,693	3,434	4,469	4,148	4,380	5,205	6,519	7,274	6,465	7,711	9,074	10,606
Net Cash Paid for Acquisitions	- -	- -	997	12	13	- -	439	4	- -	- -	38	4	- -	382	- -
Free Cash Flow to Firm	- -	3,525	4,084	3,961	3,705	4,739	4,426	4,680	5,492	6,801	7,553	6,762	8,045	9,391	10,949
Free Cash Flow to Equity	2,092	2,972	3,810	3,693	3,426	4,560	4,280	4,371	5,197	6,509	8,013	6,465	8,449	9,074	11,839
Free Cash Flow per Basic Share	5.22	8.36	10.31	10.9	11.06	15.51	15.03	16.38	20.02	25.72	29.27	27.28	33.57	39.8	47.31
Price/Free Cash Flow	11.47	8.67	8.88	9.82	10.32	7.97	9.11	7.38	6.9	5.48	5.39	6.95	5.74	613.51	6.22
Cash Flow to Net Income	1.52	1.31	1.04	1	1	1.48	2.02	1.74	1.99	2.42	1.99	2.27	2.58	1.82	1.69
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -