HCL Technologies Ltd

NSE: HCLTECH BSE: 532281

₹1367.50

+40.50 (3.05%)

Mon, 19 Oct 2026, 02:26 pm

MTF 5xInvest in HCL Technologies Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)358475.15

PE Ratio20.23

Dividend4.54

Technology Services

Information Technology Services

24.5K

HCL Technologies Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-81.57M	-55.05M	-44.50M	-134.80M	-542.30M	-1.87B	-1.50B	-1.43B	-1.06B	-1.15B	-1.15B	-1.12B	-940.00M	-1.74B	-4.38B	-3.48B	-2.27B	-3.04B	-5.04B	-5.72B
Pretax equity in earnings	—	—	0	0	0	0	0	—	—	—	—	30.00M	150.00M	40.00M	0	0	—	—	—	—
Equity in earnings	-25.72M	-6.21M	0	0	0	0	0	-43.10M	-2.10M	200.60M	81.07M	29.00M	—	—	0	0	130.00M	-20.00M	40.00M	30.00M
Total assets	46.21B	50.46B	52.35B	68.07B	117.78B	126.17B	149.59B	201.07B	251.63B	340.56B	394.17B	457.62B	480.23B	585.75B	829.06B	861.94B	890.33B	934.11B	997.77B	1.06T
Total current assets	29.64B	32.08B	25.63B	36.00B	58.62B	59.47B	75.35B	108.49B	153.25B	233.39B	244.52B	259.46B	243.30B	293.21B	378.61B	423.51B	471.76B	526.36B	584.23B	613.58B
Cash and short term investments	19.89B	18.68B	6.61B	10.11B	18.99B	15.80B	17.58B	25.22B	42.39B	95.47B	99.25B	106.57B	65.53B	103.04B	119.65B	156.61B	188.75B	201.09B	271.93B	287.62B
Cash & equivalents	2.30B	2.44B	2.96B	3.89B	3.92B	4.71B	5.24B	6.92B	7.34B	10.97B	7.34B	13.21B	16.99B	59.34B	48.48B	65.21B	105.10B	90.65B	94.56B	82.45B
Short term investments	17.58B	16.24B	3.65B	6.23B	15.07B	11.09B	12.34B	18.30B	35.05B	84.50B	91.91B	93.36B	48.54B	43.70B	71.17B	91.40B	83.65B	110.44B	177.37B	205.17B
Total receivables, net	6.72B	10.06B	18.65B	23.85B	33.99B	38.86B	45.71B	57.52B	75.16B	89.50B	133.43B	139.48B	165.11B	175.82B	239.85B	245.94B	253.55B	296.36B	281.22B	287.03B
Accounts receivable - trade, net	—	—	12.42B	15.86B	21.75B	30.54B	34.25B	53.83B	62.02B	77.01B	107.17B	108.02B	122.57B	146.10B	182.95B	178.56B	211.54B	261.35B	264.17B	266.12B
Other receivables	—	—	6.23B	7.98B	12.24B	8.32B	11.46B	3.69B	13.14B	12.50B	26.27B	31.46B	42.54B	29.72B	56.90B	67.38B	42.01B	35.01B	17.05B	20.91B
Total inventory	431.84M	269.06M	373.10M	706.90M	1.70B	651.70M	1.66B	2.98B	2.79B	1.57B	3.19B	3.65B	2.56B	1.77B	2.22B	1.89B	2.74B	3.32B	2.87B	2.45B
Other current assets, total	951.95M	1.13B	0	0	0	36.50M	0	262.10M	1.13B	1.25B	3.72B	3.70B	2.74B	2.42B	5.42B	6.25B	11.97B	9.14B	10.00B	12.27B
Total non-current assets	16.57B	18.38B	26.73B	32.07B	59.16B	66.70B	74.24B	92.58B	98.39B	107.17B	149.64B	198.16B	236.93B	292.54B	450.45B	438.43B	418.57B	407.75B	413.54B	441.86B
Long term investments	887.04M	249.12M	15.54B	13.77B	403.40M	8.32B	7.38B	11.28B	11.10B	11.78B	7.99B	7.90B	12.92B	15.21B	22.93B	25.03B	24.40B	19.14B	21.78B	40.79B
Note receivable - long term	13.78M	16.90M	—	—	0	0	0	6.94B	8.23B	9.73B	6.23B	4.97B	9.66B	13.33B	22.15B	22.88B	20.39B	13.63B	16.45B	30.30B
Investments in unconsolidated subsidiaries	327.23M	112.20M	0	0	0	0	0	323.60M	358.70M	554.00M	1.46B	1.49B	270.00M	0	440.00M	550.00M	820.00M	790.00M	850.00M	860.00M
Other investments	546.02M	120.03M	15.54B	13.77B	403.40M	8.32B	7.38B	4.02B	2.51B	1.50B	289.10M	1.44B	2.99B	1.88B	340.00M	1.60B	3.19B	4.72B	4.48B	9.63B
Net property/plant/equipment	6.59B	8.74B	9.97B	12.38B	15.27B	17.73B	21.19B	25.66B	28.50B	33.12B	42.55B	45.02B	49.51B	55.53B	86.54B	84.50B	80.79B	77.60B	79.16B	75.90B
Gross property/plant/equipment	11.77B	15.94B	18.10B	23.19B	29.97B	35.17B	41.38B	49.97B	55.81B	59.13B	76.03B	82.69B	91.65B	105.86B	143.95B	148.28B	152.63B	161.70B	174.74B	179.14B
Deferred tax assets	177.49M	204.65M	857.40M	2.71B	4.71B	3.89B	3.82B	6.77B	8.15B	8.82B	18.87B	16.52B	18.37B	24.55B	23.17B	11.81B	11.76B	12.52B	10.31B	10.64B
Net intangible assets	8.41B	8.40B	1.23B	3.21B	38.78B	36.76B	37.36B	45.35B	45.60B	47.86B	61.21B	112.37B	141.93B	175.95B	293.48B	290.93B	271.60B	269.11B	272.62B	286.55B
Goodwill, net	7.80B	7.92B	605.40M	2.16B	37.30B	35.20B	35.76B	43.91B	44.33B	46.94B	57.75B	65.04B	67.99B	90.61B	161.54B	171.92B	174.17B	185.67B	201.32B	217.56B
Other intangibles, net	614.11M	479.83M	619.60M	1.05B	1.48B	1.56B	1.60B	1.44B	1.27B	926.70M	3.45B	47.33B	73.94B	85.34B	131.94B	119.01B	97.43B	83.44B	71.30B	68.99B
Other long term assets, total	499.63M	783.60M	0	0	0	0	0	0	0	1.00B	1.84B	1.19B	1.40B	1.67B	1.98B	1.97B	2.07B	2.00B	4.31B	5.68B
Short term debt	960.21M	411.87M	364.80M	312.40M	29.37B	5.72B	4.19B	11.02B	2.48B	8.17B	7.23B	1.99B	2.19B	12.18B	29.59B	7.70B	7.61B	10.11B	11.94B	35.68B
Current portion of LT debt and capital leases	42.13M	161.83M	83.40M	118.80M	307.30M	1.95B	4.00B	6.53B	1.19B	6.12B	1.39B	1.44B	1.77B	4.94B	11.14B	7.70B	7.61B	10.11B	11.79B	35.65B
Short term debt excl. current portion of LT debt	918.08M	250.04M	281.40M	193.60M	29.07B	3.77B	186.10M	4.49B	1.29B	2.06B	5.84B	550.00M	420.00M	7.24B	18.45B	0	0	0	150.00M	30.00M
Accounts payable	807.73M	979.69M	5.92B	9.69B	20.14B	17.89B	27.83B	4.75B	4.11B	4.84B	7.19B	8.04B	9.20B	13.12B	11.70B	17.26B	62.78B	64.28B	58.53B	62.25B
Income tax payable	1.51B	1.65B	1.09B	1.17B	1.83B	2.26B	14.67B	25.26B	34.85B	53.00B	15.68B	12.98B	12.75B	9.24B	10.69B	12.83B	13.38B	21.50B	23.13B	28.15B
Long term debt	892.91M	176.89M	403.80M	237.70M	789.00M	21.53B	17.69B	10.77B	7.97B	2.01B	7.37B	3.83B	3.38B	29.77B	50.27B	57.31B	55.82B	37.75B	45.62B	27.08B
Long term debt excl. lease liabilities	834.51M	83.47M	72.80M	63.90M	549.80M	21.16B	17.22B	8.85B	5.38B	279.70M	7.04B	3.40B	2.54B	28.71B	50.27B	57.31B	55.82B	37.75B	45.62B	27.08B
Total equity	37.96B	40.67B	40.84B	41.88B	49.46B	62.93B	76.57B	98.36B	132.04B	196.00B	276.01B	331.22B	363.86B	414.69B	514.21B	600.82B	620.06B	653.98B	682.71B	696.73B
Shareholders' equity	37.84B	40.57B	40.67B	41.81B	49.43B	62.89B	76.53B	98.35B	131.59B	195.42B	273.91B	329.49B	363.86B	413.66B	512.67B	599.13B	619.14B	654.05B	682.63B	696.55B
Common equity, total	37.84B	40.57B	40.67B	41.81B	49.43B	62.89B	76.53B	98.35B	131.59B	195.42B	273.91B	329.49B	363.86B	413.66B	512.67B	599.13B	619.14B	654.05B	682.63B	696.55B
Other common equity	1.10B	-575.41M	27.28B	4.71B	5.43B	47.14B	58.61B	79.27B	111.56B	41.67B	44.54B	41.80B	44.69B	21.29B	29.45B	46.54B	65.81B	95.23B	120.03B	130.77B
Total debt	1.85B	588.76M	768.60M	550.10M	30.16B	27.24B	21.87B	21.79B	10.44B	10.18B	14.60B	5.82B	5.57B	41.95B	79.86B	65.01B	63.43B	47.86B	57.56B	62.76B
Net debt	-18.03B	-18.09B	—	-9.56B	11.18B	11.44B	4.30B	-3.42B	-31.94B	-85.29B	-84.64B	-100.75B	-59.96B	-61.09B	-39.79B	-91.60B	-125.32B	-153.23B	-214.37B	-224.86B
Change in accounts receivable	-1.32B	-3.03B	-6.56B	-4.95B	-3.83B	-4.09B	-3.67B	-12.73B	-10.06B	-11.88B	-10.87B	-7.43B	-11.26B	-14.58B	-19.57B	6.33B	-28.09B	-32.40B	2.48B	-1.19B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	238.06M	126.33M	—	—	—	—	2.34B	10.49B	11.40B	—	478.80M	560.00M	2.43B	3.77B	-2.08B	5.38B	7.18B	-1.75B	-6.81B	2.49B
Change in other assets/liabilities	-568.21M	2.53B	819.20M	6.54B	-978.20M	4.75B	-3.18B	-5.55B	-2.85B	8.31B	-3.77B	10.28B	-4.68B	-14.93B	5.81B	17.98B	13.35B	21.47B	26.78B	8.03B
Sale of fixed assets & businesses	30.67M	39.10M	21.10M	74.70M	77.80M	148.20M	176.90M	36.10M	1.98B	607.40M	1.94B	1.10B	230.00M	3.23B	370.00M	1.51B	1.30B	2.17B	390.00M	250.00M
Purchase/sale of investments, net	2.25B	3.69B	496.10M	2.92B	14.57B	-7.87B	33.80M	556.30M	462.60M	-48.50B	1.10B	3.91B	39.41B	28.78B	-45.98B	-33.51B	25.03B	-28.50B	-49.49B	-29.70B
Sale/maturity of investments	22.62B	35.02B	496.10M	2.92B	14.65B	98.92B	71.77B	49.80B	48.17B	108.46B	115.91B	198.69B	264.45B	305.16B	361.20B	265.16B	431.92B	401.19B	506.57B	563.37B
Purchase of investments	-20.37B	-31.33B	0	0	-80.00M	-106.78B	-71.74B	-49.25B	-47.71B	-156.96B	-114.82B	-194.78B	-225.04B	-276.38B	-407.18B	-298.67B	-406.89B	-429.69B	-556.06B	-593.07B
Other investing cash flow items, total	-14.31M	-60.01M	-185.10M	-365.20M	-744.30M	2.84B	137.90M	-2.74B	-21.79B	1.67B	-10.12B	-7.80B	-12.96B	0	0	0	0	4.32B	2.44B	-2.01B
Issuance/retirement of debt, net	-177.67M	-1.87B	-95.90M	-81.50M	29.92B	-3.75B	-4.99B	-3.61B	-12.37B	148.60M	4.67B	-3.96B	-1.39B	36.76B	-2.46B	-2.51B	-600.00M	-18.48B	-1.81B	-810.00M
Issuance/retirement of long term debt	-51.53M	-1.35B	-127.30M	6.60M	564.40M	-3.75B	-135.80M	-7.56B	-8.93B	-586.10M	6.10B	-2.13B	-1.06B	530.00M	-2.42B	4.90B	-600.00M	-18.48B	-1.81B	-840.00M
Issuance/retirement of short term debt	-126.14M	-518.57M	31.40M	-88.10M	29.36B	—	0	3.96B	-3.44B	734.70M	-1.43B	-1.83B	-330.00M	7.06B	-40.00M	-7.41B	0	0	0	30.00M
Issuance/retirement of other debt	—	—	—	0	0	0	-4.85B	0	0	0	0	0	0	29.17B	—	—	—	—	—	—
Total cash dividends paid	-5.65B	-5.87B	-5.99B	-6.21B	-7.04B	-3.15B	-4.45B	-6.91B	-6.95B	-13.03B	-26.97B	-40.69B	-20.31B	-13.21B	-16.25B	-32.56B	-113.89B	-129.95B	-140.73B	-162.50B
Other financing cash flow items, total	16.80M	22.83M	0	-110.00M	-44.80M	0	-733.20M	-1.12B	-1.14B	0	0	-330.00M	-160.00M	-260.00M	-2.95B	-65.18B	-3.73B	-310.00M	-50.00M	-7.26B

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-81.57M	-55.05M	-44.50M	-134.80M	-542.30M	-1.87B	-1.50B	-1.43B	-1.06B	-1.15B	-1.15B	-1.12B	-940.00M	-1.74B	-4.38B	-3.48B	-2.27B	-3.04B	-5.04B	-5.72B
Pretax equity in earnings	—	—	0	0	0	0	0	—	—	—	—	30.00M	150.00M	40.00M	0	0	—	—	—	—
Equity in earnings	-25.72M	-6.21M	0	0	0	0	0	-43.10M	-2.10M	200.60M	81.07M	29.00M	—	—	0	0	130.00M	-20.00M	40.00M	30.00M
Total assets	46.21B	50.46B	52.35B	68.07B	117.78B	126.17B	149.59B	201.07B	251.63B	340.56B	394.17B	457.62B	480.23B	585.75B	829.06B	861.94B	890.33B	934.11B	997.77B	1.06T
Total current assets	29.64B	32.08B	25.63B	36.00B	58.62B	59.47B	75.35B	108.49B	153.25B	233.39B	244.52B	259.46B	243.30B	293.21B	378.61B	423.51B	471.76B	526.36B	584.23B	613.58B
Cash and short term investments	19.89B	18.68B	6.61B	10.11B	18.99B	15.80B	17.58B	25.22B	42.39B	95.47B	99.25B	106.57B	65.53B	103.04B	119.65B	156.61B	188.75B	201.09B	271.93B	287.62B
Cash & equivalents	2.30B	2.44B	2.96B	3.89B	3.92B	4.71B	5.24B	6.92B	7.34B	10.97B	7.34B	13.21B	16.99B	59.34B	48.48B	65.21B	105.10B	90.65B	94.56B	82.45B
Short term investments	17.58B	16.24B	3.65B	6.23B	15.07B	11.09B	12.34B	18.30B	35.05B	84.50B	91.91B	93.36B	48.54B	43.70B	71.17B	91.40B	83.65B	110.44B	177.37B	205.17B
Total receivables, net	6.72B	10.06B	18.65B	23.85B	33.99B	38.86B	45.71B	57.52B	75.16B	89.50B	133.43B	139.48B	165.11B	175.82B	239.85B	245.94B	253.55B	296.36B	281.22B	287.03B
Accounts receivable - trade, net	—	—	12.42B	15.86B	21.75B	30.54B	34.25B	53.83B	62.02B	77.01B	107.17B	108.02B	122.57B	146.10B	182.95B	178.56B	211.54B	261.35B	264.17B	266.12B
Other receivables	—	—	6.23B	7.98B	12.24B	8.32B	11.46B	3.69B	13.14B	12.50B	26.27B	31.46B	42.54B	29.72B	56.90B	67.38B	42.01B	35.01B	17.05B	20.91B
Total inventory	431.84M	269.06M	373.10M	706.90M	1.70B	651.70M	1.66B	2.98B	2.79B	1.57B	3.19B	3.65B	2.56B	1.77B	2.22B	1.89B	2.74B	3.32B	2.87B	2.45B
Other current assets, total	951.95M	1.13B	0	0	0	36.50M	0	262.10M	1.13B	1.25B	3.72B	3.70B	2.74B	2.42B	5.42B	6.25B	11.97B	9.14B	10.00B	12.27B
Total non-current assets	16.57B	18.38B	26.73B	32.07B	59.16B	66.70B	74.24B	92.58B	98.39B	107.17B	149.64B	198.16B	236.93B	292.54B	450.45B	438.43B	418.57B	407.75B	413.54B	441.86B
Long term investments	887.04M	249.12M	15.54B	13.77B	403.40M	8.32B	7.38B	11.28B	11.10B	11.78B	7.99B	7.90B	12.92B	15.21B	22.93B	25.03B	24.40B	19.14B	21.78B	40.79B
Note receivable - long term	13.78M	16.90M	—	—	0	0	0	6.94B	8.23B	9.73B	6.23B	4.97B	9.66B	13.33B	22.15B	22.88B	20.39B	13.63B	16.45B	30.30B
Investments in unconsolidated subsidiaries	327.23M	112.20M	0	0	0	0	0	323.60M	358.70M	554.00M	1.46B	1.49B	270.00M	0	440.00M	550.00M	820.00M	790.00M	850.00M	860.00M
Other investments	546.02M	120.03M	15.54B	13.77B	403.40M	8.32B	7.38B	4.02B	2.51B	1.50B	289.10M	1.44B	2.99B	1.88B	340.00M	1.60B	3.19B	4.72B	4.48B	9.63B
Net property/plant/equipment	6.59B	8.74B	9.97B	12.38B	15.27B	17.73B	21.19B	25.66B	28.50B	33.12B	42.55B	45.02B	49.51B	55.53B	86.54B	84.50B	80.79B	77.60B	79.16B	75.90B
Gross property/plant/equipment	11.77B	15.94B	18.10B	23.19B	29.97B	35.17B	41.38B	49.97B	55.81B	59.13B	76.03B	82.69B	91.65B	105.86B	143.95B	148.28B	152.63B	161.70B	174.74B	179.14B
Deferred tax assets	177.49M	204.65M	857.40M	2.71B	4.71B	3.89B	3.82B	6.77B	8.15B	8.82B	18.87B	16.52B	18.37B	24.55B	23.17B	11.81B	11.76B	12.52B	10.31B	10.64B
Net intangible assets	8.41B	8.40B	1.23B	3.21B	38.78B	36.76B	37.36B	45.35B	45.60B	47.86B	61.21B	112.37B	141.93B	175.95B	293.48B	290.93B	271.60B	269.11B	272.62B	286.55B
Goodwill, net	7.80B	7.92B	605.40M	2.16B	37.30B	35.20B	35.76B	43.91B	44.33B	46.94B	57.75B	65.04B	67.99B	90.61B	161.54B	171.92B	174.17B	185.67B	201.32B	217.56B
Other intangibles, net	614.11M	479.83M	619.60M	1.05B	1.48B	1.56B	1.60B	1.44B	1.27B	926.70M	3.45B	47.33B	73.94B	85.34B	131.94B	119.01B	97.43B	83.44B	71.30B	68.99B
Other long term assets, total	499.63M	783.60M	0	0	0	0	0	0	0	1.00B	1.84B	1.19B	1.40B	1.67B	1.98B	1.97B	2.07B	2.00B	4.31B	5.68B
Short term debt	960.21M	411.87M	364.80M	312.40M	29.37B	5.72B	4.19B	11.02B	2.48B	8.17B	7.23B	1.99B	2.19B	12.18B	29.59B	7.70B	7.61B	10.11B	11.94B	35.68B
Current portion of LT debt and capital leases	42.13M	161.83M	83.40M	118.80M	307.30M	1.95B	4.00B	6.53B	1.19B	6.12B	1.39B	1.44B	1.77B	4.94B	11.14B	7.70B	7.61B	10.11B	11.79B	35.65B
Short term debt excl. current portion of LT debt	918.08M	250.04M	281.40M	193.60M	29.07B	3.77B	186.10M	4.49B	1.29B	2.06B	5.84B	550.00M	420.00M	7.24B	18.45B	0	0	0	150.00M	30.00M
Accounts payable	807.73M	979.69M	5.92B	9.69B	20.14B	17.89B	27.83B	4.75B	4.11B	4.84B	7.19B	8.04B	9.20B	13.12B	11.70B	17.26B	62.78B	64.28B	58.53B	62.25B
Income tax payable	1.51B	1.65B	1.09B	1.17B	1.83B	2.26B	14.67B	25.26B	34.85B	53.00B	15.68B	12.98B	12.75B	9.24B	10.69B	12.83B	13.38B	21.50B	23.13B	28.15B
Long term debt	892.91M	176.89M	403.80M	237.70M	789.00M	21.53B	17.69B	10.77B	7.97B	2.01B	7.37B	3.83B	3.38B	29.77B	50.27B	57.31B	55.82B	37.75B	45.62B	27.08B
Long term debt excl. lease liabilities	834.51M	83.47M	72.80M	63.90M	549.80M	21.16B	17.22B	8.85B	5.38B	279.70M	7.04B	3.40B	2.54B	28.71B	50.27B	57.31B	55.82B	37.75B	45.62B	27.08B
Total equity	37.96B	40.67B	40.84B	41.88B	49.46B	62.93B	76.57B	98.36B	132.04B	196.00B	276.01B	331.22B	363.86B	414.69B	514.21B	600.82B	620.06B	653.98B	682.71B	696.73B
Shareholders' equity	37.84B	40.57B	40.67B	41.81B	49.43B	62.89B	76.53B	98.35B	131.59B	195.42B	273.91B	329.49B	363.86B	413.66B	512.67B	599.13B	619.14B	654.05B	682.63B	696.55B
Common equity, total	37.84B	40.57B	40.67B	41.81B	49.43B	62.89B	76.53B	98.35B	131.59B	195.42B	273.91B	329.49B	363.86B	413.66B	512.67B	599.13B	619.14B	654.05B	682.63B	696.55B
Other common equity	1.10B	-575.41M	27.28B	4.71B	5.43B	47.14B	58.61B	79.27B	111.56B	41.67B	44.54B	41.80B	44.69B	21.29B	29.45B	46.54B	65.81B	95.23B	120.03B	130.77B
Total debt	1.85B	588.76M	768.60M	550.10M	30.16B	27.24B	21.87B	21.79B	10.44B	10.18B	14.60B	5.82B	5.57B	41.95B	79.86B	65.01B	63.43B	47.86B	57.56B	62.76B
Net debt	-18.03B	-18.09B	—	-9.56B	11.18B	11.44B	4.30B	-3.42B	-31.94B	-85.29B	-84.64B	-100.75B	-59.96B	-61.09B	-39.79B	-91.60B	-125.32B	-153.23B	-214.37B	-224.86B
Change in accounts receivable	-1.32B	-3.03B	-6.56B	-4.95B	-3.83B	-4.09B	-3.67B	-12.73B	-10.06B	-11.88B	-10.87B	-7.43B	-11.26B	-14.58B	-19.57B	6.33B	-28.09B	-32.40B	2.48B	-1.19B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	238.06M	126.33M	—	—	—	—	2.34B	10.49B	11.40B	—	478.80M	560.00M	2.43B	3.77B	-2.08B	5.38B	7.18B	-1.75B	-6.81B	2.49B
Change in other assets/liabilities	-568.21M	2.53B	819.20M	6.54B	-978.20M	4.75B	-3.18B	-5.55B	-2.85B	8.31B	-3.77B	10.28B	-4.68B	-14.93B	5.81B	17.98B	13.35B	21.47B	26.78B	8.03B
Sale of fixed assets & businesses	30.67M	39.10M	21.10M	74.70M	77.80M	148.20M	176.90M	36.10M	1.98B	607.40M	1.94B	1.10B	230.00M	3.23B	370.00M	1.51B	1.30B	2.17B	390.00M	250.00M
Purchase/sale of investments, net	2.25B	3.69B	496.10M	2.92B	14.57B	-7.87B	33.80M	556.30M	462.60M	-48.50B	1.10B	3.91B	39.41B	28.78B	-45.98B	-33.51B	25.03B	-28.50B	-49.49B	-29.70B
Sale/maturity of investments	22.62B	35.02B	496.10M	2.92B	14.65B	98.92B	71.77B	49.80B	48.17B	108.46B	115.91B	198.69B	264.45B	305.16B	361.20B	265.16B	431.92B	401.19B	506.57B	563.37B
Purchase of investments	-20.37B	-31.33B	0	0	-80.00M	-106.78B	-71.74B	-49.25B	-47.71B	-156.96B	-114.82B	-194.78B	-225.04B	-276.38B	-407.18B	-298.67B	-406.89B	-429.69B	-556.06B	-593.07B
Other investing cash flow items, total	-14.31M	-60.01M	-185.10M	-365.20M	-744.30M	2.84B	137.90M	-2.74B	-21.79B	1.67B	-10.12B	-7.80B	-12.96B	0	0	0	0	4.32B	2.44B	-2.01B
Issuance/retirement of debt, net	-177.67M	-1.87B	-95.90M	-81.50M	29.92B	-3.75B	-4.99B	-3.61B	-12.37B	148.60M	4.67B	-3.96B	-1.39B	36.76B	-2.46B	-2.51B	-600.00M	-18.48B	-1.81B	-810.00M
Issuance/retirement of long term debt	-51.53M	-1.35B	-127.30M	6.60M	564.40M	-3.75B	-135.80M	-7.56B	-8.93B	-586.10M	6.10B	-2.13B	-1.06B	530.00M	-2.42B	4.90B	-600.00M	-18.48B	-1.81B	-840.00M
Issuance/retirement of short term debt	-126.14M	-518.57M	31.40M	-88.10M	29.36B	—	0	3.96B	-3.44B	734.70M	-1.43B	-1.83B	-330.00M	7.06B	-40.00M	-7.41B	0	0	0	30.00M
Issuance/retirement of other debt	—	—	—	0	0	0	-4.85B	0	0	0	0	0	0	29.17B	—	—	—	—	—	—
Total cash dividends paid	-5.65B	-5.87B	-5.99B	-6.21B	-7.04B	-3.15B	-4.45B	-6.91B	-6.95B	-13.03B	-26.97B	-40.69B	-20.31B	-13.21B	-16.25B	-32.56B	-113.89B	-129.95B	-140.73B	-162.50B
Other financing cash flow items, total	16.80M	22.83M	0	-110.00M	-44.80M	0	-733.20M	-1.12B	-1.14B	0	0	-330.00M	-160.00M	-260.00M	-2.95B	-65.18B	-3.73B	-310.00M	-50.00M	-7.26B