Hindustan Construction Company Ltd

NSE: HCC BSE: 500185

₹18.72

+1.20 (6.85%)

Thu, 05 Nov 2026, 09:32 pm

MTF 5xInvest in Hindustan Construction Company Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)4597.17

PE Ratio27.49

Dividend0

Industrial Services

Engineering & Construction

24.5K

Hindustan Construction Company 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	-486.53M	-856.00M	-1.63B	-2.48B	-2.81B	-5.31B	-10.03B	-11.38B	-12.69B	-14.41B	-13.78B	-15.43B	-15.25B	-8.08B	-8.17B	-8.50B	-10.36B	-10.12B	-8.13B	-6.00B
Pretax equity in earnings	—	—	0	0	0	—	—	—	—	—	—	-946.60M	-389.00M	-1.51B	—	—	—	—	—	—
Equity in earnings	1.79M	0	0	0	-2.60M	-119.10M	-38.10M	71.60M	173.10M	198.70M	-1.14B	0	0	-1.51B	1.88B	654.40M	52.10M	95.90M	413.90M	-1.60B
Total assets	31.28B	40.30B	50.95B	71.73B	96.76B	128.85B	147.54B	158.09B	172.27B	203.01B	157.88B	172.96B	165.44B	127.78B	142.05B	144.60B	142.25B	147.48B	90.59B	80.88B
Total current assets	24.22B	29.82B	36.78B	41.64B	55.10B	80.68B	81.03B	77.97B	78.13B	90.49B	90.99B	113.46B	110.06B	83.42B	72.19B	104.22B	121.76B	76.28B	68.29B	58.38B
Cash and short term investments	10.11B	2.65B	3.39B	2.19B	3.11B	6.98B	10.57B	12.68B	12.93B	8.68B	7.83B	7.92B	9.77B	8.60B	8.45B	12.62B	15.43B	11.54B	5.13B	7.52B
Cash & equivalents	3.81B	1.23B	2.87B	1.84B	2.59B	5.40B	9.67B	12.35B	12.61B	8.05B	7.34B	7.59B	4.04B	2.71B	2.76B	6.42B	7.21B	5.82B	3.99B	5.69B
Short term investments	6.31B	1.43B	517.00M	346.50M	519.20M	1.58B	904.00M	333.10M	316.50M	626.40M	493.10M	332.30M	5.73B	5.89B	5.68B	6.20B	8.22B	5.72B	1.15B	1.82B
Total receivables, net	1.07B	2.82B	3.29B	4.51B	7.69B	13.25B	14.19B	17.71B	20.02B	10.44B	54.93B	74.80B	70.67B	65.00B	55.70B	83.69B	60.76B	56.93B	56.61B	47.18B
Accounts receivable - trade, net	70.80M	24.80M	50.50M	1.04B	2.49B	2.91B	7.00B	6.83B	6.72B	7.43B	54.09B	73.95B	26.65B	35.46B	18.98B	45.02B	60.12B	56.23B	56.18B	47.11B
Other receivables	1.00B	2.80B	3.24B	3.47B	5.20B	10.34B	7.19B	10.88B	13.30B	3.01B	847.40M	852.70M	44.03B	29.54B	36.73B	38.67B	638.70M	694.90M	429.60M	74.00M
Total inventory	11.12B	22.67B	28.81B	33.05B	42.22B	54.69B	49.59B	44.44B	41.98B	69.49B	25.60B	28.91B	27.94B	7.78B	6.24B	6.47B	6.16B	5.75B	4.97B	3.02B
Other current assets, total	267.61M	308.50M	212.10M	410.10M	236.50M	340.30M	3.78B	1.07B	3.20B	1.88B	2.44B	1.49B	1.43B	1.93B	1.70B	1.37B	39.29B	1.98B	1.46B	543.50M
Total non-current assets	7.06B	10.49B	14.18B	30.09B	41.65B	48.17B	66.51B	80.12B	94.13B	112.52B	66.89B	59.50B	55.38B	44.36B	69.86B	40.39B	20.49B	71.20B	22.31B	22.51B
Long term investments	719.68M	171.90M	441.30M	952.90M	3.06B	2.17B	8.15B	9.12B	13.56B	5.15B	27.03B	18.78B	18.58B	8.63B	31.61B	4.89B	3.79B	7.79B	9.89B	16.41B
Note receivable - long term	0	0	—	0	—	—	6.63B	7.88B	12.10B	2.65B	21.62B	14.29B	14.55B	6.80B	28.03B	674.40M	3.18B	6.98B	7.40B	15.73B
Investments in unconsolidated subsidiaries	0	0	400.00K	0	0	299.10M	269.70M	376.20M	575.60M	1.53B	5.16B	0	3.63B	1.58B	3.45B	4.03B	204.70M	596.60M	2.07B	315.50M
Other investments	719.68M	171.90M	440.90M	952.90M	3.06B	1.87B	1.25B	862.50M	883.00M	961.30M	258.00M	4.49B	396.50M	255.70M	127.90M	189.40M	409.60M	219.50M	420.60M	357.70M
Net property/plant/equipment	6.04B	9.08B	12.27B	25.41B	31.97B	32.08B	39.75B	18.31B	19.25B	35.31B	34.39B	34.65B	32.77B	6.87B	8.82B	7.98B	6.56B	6.08B	4.41B	1.93B
Gross property/plant/equipment	8.94B	12.75B	16.89B	31.07B	38.96B	41.25B	50.70B	30.85B	33.01B	51.42B	52.30B	38.51B	38.48B	12.56B	15.50B	15.21B	13.40B	13.51B	12.07B	8.28B
Deferred tax assets	92.60M	81.20M	84.70M	382.40M	901.00M	—	2.81B	5.98B	8.74B	12.77B	571.50M	267.00M	7.20M	25.08B	24.91B	24.31B	7.43B	23.52B	6.23B	2.08B
Net intangible assets	202.55M	1.15B	1.39B	3.35B	6.62B	13.87B	12.97B	41.42B	49.53B	40.98B	1.58B	1.50B	1.70B	629.00M	669.00M	675.20M	659.20M	754.80M	674.70M	562.60M
Goodwill, net	35.87M	687.40M	272.80M	558.80M	558.80M	1.26B	1.34B	1.24B	542.90M	1.25B	1.27B	1.24B	1.34B	33.80M	33.80M	33.80M	33.80M	33.80M	33.80M	0
Other intangibles, net	166.68M	460.60M	1.11B	2.79B	6.07B	12.61B	11.63B	40.18B	48.99B	39.74B	314.00M	252.20M	360.50M	595.20M	635.20M	641.40M	625.40M	721.00M	640.90M	562.60M
Other long term assets, total	0	0	0	0	0	0	2.42B	2.55B	1.27B	17.61B	3.27B	4.29B	2.31B	3.15B	3.82B	2.50B	2.04B	33.03B	1.09B	1.53B
Short term debt	1.49B	5.60B	6.67B	5.42B	7.12B	12.02B	39.37B	20.59B	29.27B	36.44B	39.85B	36.27B	57.94B	16.46B	24.17B	31.53B	6.42B	4.75B	4.54B	6.34B
Current portion of LT debt and capital leases	45.30M	254.90M	1.00M	200.00K	—	—	14.28B	6.99B	13.20B	15.48B	18.31B	23.85B	46.71B	4.71B	10.11B	784.90M	291.50M	4.40B	4.11B	5.97B
Short term debt excl. current portion of LT debt	1.44B	5.34B	6.67B	5.42B	7.12B	12.02B	25.09B	13.60B	16.07B	20.96B	21.54B	12.42B	11.23B	11.74B	14.06B	30.74B	6.13B	349.70M	434.50M	374.50M
Accounts payable	6.07B	7.35B	8.80B	13.26B	17.33B	24.54B	17.50B	15.36B	16.14B	23.33B	29.52B	34.63B	36.47B	27.46B	30.29B	30.47B	30.59B	29.91B	24.73B	20.92B
Income tax payable	—	998.90M	608.70M	645.20M	43.90M	2.55B	202.30M	176.90M	201.10M	—	408.40M	2.00B	2.10B	—	109.20M	7.40M	12.40M	89.70M	2.10M	281.40M
Long term debt	11.68B	13.91B	20.33B	35.11B	46.66B	61.81B	48.27B	79.10B	82.23B	82.55B	59.79B	61.54B	36.62B	24.62B	18.36B	16.24B	13.76B	50.37B	17.68B	10.45B
Long term debt excl. lease liabilities	11.68B	13.41B	20.33B	35.11B	46.66B	61.81B	48.27B	79.10B	82.23B	82.55B	59.79B	61.54B	36.62B	24.62B	18.36B	16.24B	13.76B	50.37B	17.68B	10.45B
Total equity	8.42B	9.37B	9.93B	10.07B	14.57B	13.66B	11.01B	6.00B	2.51B	1.37B	-4.65B	-4.75B	-15.51B	-10.00B	-7.59B	-13.18B	-6.59B	-7.14B	-1.68B	9.06B
Shareholders' equity	8.42B	8.76B	9.35B	8.79B	13.15B	11.94B	7.61B	2.72B	528.50M	-831.40M	-4.82B	-2.68B	-10.68B	-10.00B	-7.59B	-13.18B	-6.59B	-7.14B	-1.68B	9.06B
Common equity, total	8.42B	8.76B	9.35B	8.79B	13.15B	11.94B	7.61B	2.72B	528.50M	-831.40M	-4.82B	-2.68B	-10.68B	-10.00B	-7.59B	-13.18B	-6.59B	-7.14B	-1.68B	9.06B
Other common equity	2.43B	2.57B	3.36B	3.52B	3.28B	3.01B	2.84B	2.78B	3.35B	2.95B	3.53B	6.35B	7.83B	1.10B	729.40M	995.90M	1.13B	3.04B	3.22B	3.67B
Total debt	13.17B	19.50B	27.01B	40.52B	53.77B	73.82B	87.64B	99.69B	111.50B	118.99B	99.65B	97.82B	94.56B	41.08B	42.53B	47.77B	20.18B	55.12B	22.23B	16.79B
Net debt	3.05B	16.85B	23.62B	38.33B	—	66.84B	77.06B	87.01B	98.57B	110.31B	91.81B	89.89B	84.78B	32.48B	34.08B	35.15B	4.75B	43.57B	17.09B	9.27B
Change in accounts receivable	-763.90M	-1.69B	-422.70M	-1.59B	-2.99B	-5.63B	-2.26B	-2.81B	-5.44B	-4.22B	-3.61B	-10.19B	-1.04B	-3.61B	-4.29B	-1.34B	-376.40M	-2.40B	4.26B	-2.62B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	1.79B	1.36B	1.47B	5.66B	4.01B	8.42B	324.20M	-6.13B	439.00M	1.63B	-5.12B	961.50M	4.59B	-1.31B	3.08B	1.23B	-6.53B	-2.18B	805.00M	2.41B
Change in other assets/liabilities	293.04M	-210.40M	1.22B	1.00B	2.72B	2.24B	-344.30M	5.92B	179.30M	-555.80M	2.20B	3.70B	1.37B	-2.15B	-3.54B	-1.62B	974.20M	1.45B	-7.46B	-9.72B
Sale of fixed assets & businesses	42.01M	53.00M	1.07B	290.70M	1.85B	7.22B	4.49B	957.00M	285.60M	129.20M	221.30M	162.90M	571.20M	177.90M	207.50M	141.40M	343.00M	3.83B	3.71B	350.00M
Purchase/sale of investments, net	1.13B	1.23B	-269.50M	-298.00M	-2.04B	877.70M	-29.10M	842.40M	273.20M	451.90M	2.32B	1.58B	-103.70M	-287.10M	224.20M	-440.60M	-2.01B	2.26B	4.57B	-680.00M
Sale/maturity of investments	1.32B	2.39B	44.70M	325.60M	231.40M	2.82B	0	842.40M	273.20M	1.37B	3.03B	1.58B	68.70M	39.40M	224.20M	90.00M	0	2.56B	4.57B	155.10M
Purchase of investments	-191.67M	-1.16B	-314.20M	-623.60M	-2.27B	-1.95B	-29.10M	—	—	-920.10M	-711.60M	0	-172.40M	-326.50M	0	-530.60M	-2.01B	-296.00M	0	-835.10M
Other investing cash flow items, total	0	181.80M	-41.10M	49.30M	-9.30M	0	0	0	-1.01B	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of debt, net	8.84B	7.34B	7.81B	13.45B	13.18B	18.71B	14.07B	12.05B	12.63B	8.03B	-218.20M	2.99B	-3.24B	-4.71B	-626.50M	5.59B	-2.15B	-2.01B	-3.30B	-3.21B
Issuance/retirement of long term debt	8.84B	7.34B	7.81B	13.45B	13.18B	18.71B	14.07B	12.05B	12.63B	8.03B	-885.80M	12.09B	-2.07B	-5.23B	-2.94B	-897.20M	-7.34B	-1.75B	-2.85B	-2.09B
Issuance/retirement of short term debt	—	—	0	0	—	0	—	—	—	—	667.60M	-9.09B	-1.17B	511.60M	2.32B	6.49B	5.19B	-260.00M	-453.20M	-1.12B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-137.58M	-178.70M	-191.10M	-206.00M	-236.60M	-289.80M	-292.00M	-1.30M	-1.10M	-1.60M	-1.30M	-1.80M	-1.60M	-2.50M	0	0	0	0	0	0
Other financing cash flow items, total	-133.09M	201.10M	-49.20M	-1.19B	193.40M	189.20M	974.80M	2.37B	3.18B	1.16B	0	0	0	0	0	0	0	0	0	0

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	-486.53M	-856.00M	-1.63B	-2.48B	-2.81B	-5.31B	-10.03B	-11.38B	-12.69B	-14.41B	-13.78B	-15.43B	-15.25B	-8.08B	-8.17B	-8.50B	-10.36B	-10.12B	-8.13B	-6.00B
Pretax equity in earnings	—	—	0	0	0	—	—	—	—	—	—	-946.60M	-389.00M	-1.51B	—	—	—	—	—	—
Equity in earnings	1.79M	0	0	0	-2.60M	-119.10M	-38.10M	71.60M	173.10M	198.70M	-1.14B	0	0	-1.51B	1.88B	654.40M	52.10M	95.90M	413.90M	-1.60B
Total assets	31.28B	40.30B	50.95B	71.73B	96.76B	128.85B	147.54B	158.09B	172.27B	203.01B	157.88B	172.96B	165.44B	127.78B	142.05B	144.60B	142.25B	147.48B	90.59B	80.88B
Total current assets	24.22B	29.82B	36.78B	41.64B	55.10B	80.68B	81.03B	77.97B	78.13B	90.49B	90.99B	113.46B	110.06B	83.42B	72.19B	104.22B	121.76B	76.28B	68.29B	58.38B
Cash and short term investments	10.11B	2.65B	3.39B	2.19B	3.11B	6.98B	10.57B	12.68B	12.93B	8.68B	7.83B	7.92B	9.77B	8.60B	8.45B	12.62B	15.43B	11.54B	5.13B	7.52B
Cash & equivalents	3.81B	1.23B	2.87B	1.84B	2.59B	5.40B	9.67B	12.35B	12.61B	8.05B	7.34B	7.59B	4.04B	2.71B	2.76B	6.42B	7.21B	5.82B	3.99B	5.69B
Short term investments	6.31B	1.43B	517.00M	346.50M	519.20M	1.58B	904.00M	333.10M	316.50M	626.40M	493.10M	332.30M	5.73B	5.89B	5.68B	6.20B	8.22B	5.72B	1.15B	1.82B
Total receivables, net	1.07B	2.82B	3.29B	4.51B	7.69B	13.25B	14.19B	17.71B	20.02B	10.44B	54.93B	74.80B	70.67B	65.00B	55.70B	83.69B	60.76B	56.93B	56.61B	47.18B
Accounts receivable - trade, net	70.80M	24.80M	50.50M	1.04B	2.49B	2.91B	7.00B	6.83B	6.72B	7.43B	54.09B	73.95B	26.65B	35.46B	18.98B	45.02B	60.12B	56.23B	56.18B	47.11B
Other receivables	1.00B	2.80B	3.24B	3.47B	5.20B	10.34B	7.19B	10.88B	13.30B	3.01B	847.40M	852.70M	44.03B	29.54B	36.73B	38.67B	638.70M	694.90M	429.60M	74.00M
Total inventory	11.12B	22.67B	28.81B	33.05B	42.22B	54.69B	49.59B	44.44B	41.98B	69.49B	25.60B	28.91B	27.94B	7.78B	6.24B	6.47B	6.16B	5.75B	4.97B	3.02B
Other current assets, total	267.61M	308.50M	212.10M	410.10M	236.50M	340.30M	3.78B	1.07B	3.20B	1.88B	2.44B	1.49B	1.43B	1.93B	1.70B	1.37B	39.29B	1.98B	1.46B	543.50M
Total non-current assets	7.06B	10.49B	14.18B	30.09B	41.65B	48.17B	66.51B	80.12B	94.13B	112.52B	66.89B	59.50B	55.38B	44.36B	69.86B	40.39B	20.49B	71.20B	22.31B	22.51B
Long term investments	719.68M	171.90M	441.30M	952.90M	3.06B	2.17B	8.15B	9.12B	13.56B	5.15B	27.03B	18.78B	18.58B	8.63B	31.61B	4.89B	3.79B	7.79B	9.89B	16.41B
Note receivable - long term	0	0	—	0	—	—	6.63B	7.88B	12.10B	2.65B	21.62B	14.29B	14.55B	6.80B	28.03B	674.40M	3.18B	6.98B	7.40B	15.73B
Investments in unconsolidated subsidiaries	0	0	400.00K	0	0	299.10M	269.70M	376.20M	575.60M	1.53B	5.16B	0	3.63B	1.58B	3.45B	4.03B	204.70M	596.60M	2.07B	315.50M
Other investments	719.68M	171.90M	440.90M	952.90M	3.06B	1.87B	1.25B	862.50M	883.00M	961.30M	258.00M	4.49B	396.50M	255.70M	127.90M	189.40M	409.60M	219.50M	420.60M	357.70M
Net property/plant/equipment	6.04B	9.08B	12.27B	25.41B	31.97B	32.08B	39.75B	18.31B	19.25B	35.31B	34.39B	34.65B	32.77B	6.87B	8.82B	7.98B	6.56B	6.08B	4.41B	1.93B
Gross property/plant/equipment	8.94B	12.75B	16.89B	31.07B	38.96B	41.25B	50.70B	30.85B	33.01B	51.42B	52.30B	38.51B	38.48B	12.56B	15.50B	15.21B	13.40B	13.51B	12.07B	8.28B
Deferred tax assets	92.60M	81.20M	84.70M	382.40M	901.00M	—	2.81B	5.98B	8.74B	12.77B	571.50M	267.00M	7.20M	25.08B	24.91B	24.31B	7.43B	23.52B	6.23B	2.08B
Net intangible assets	202.55M	1.15B	1.39B	3.35B	6.62B	13.87B	12.97B	41.42B	49.53B	40.98B	1.58B	1.50B	1.70B	629.00M	669.00M	675.20M	659.20M	754.80M	674.70M	562.60M
Goodwill, net	35.87M	687.40M	272.80M	558.80M	558.80M	1.26B	1.34B	1.24B	542.90M	1.25B	1.27B	1.24B	1.34B	33.80M	33.80M	33.80M	33.80M	33.80M	33.80M	0
Other intangibles, net	166.68M	460.60M	1.11B	2.79B	6.07B	12.61B	11.63B	40.18B	48.99B	39.74B	314.00M	252.20M	360.50M	595.20M	635.20M	641.40M	625.40M	721.00M	640.90M	562.60M
Other long term assets, total	0	0	0	0	0	0	2.42B	2.55B	1.27B	17.61B	3.27B	4.29B	2.31B	3.15B	3.82B	2.50B	2.04B	33.03B	1.09B	1.53B
Short term debt	1.49B	5.60B	6.67B	5.42B	7.12B	12.02B	39.37B	20.59B	29.27B	36.44B	39.85B	36.27B	57.94B	16.46B	24.17B	31.53B	6.42B	4.75B	4.54B	6.34B
Current portion of LT debt and capital leases	45.30M	254.90M	1.00M	200.00K	—	—	14.28B	6.99B	13.20B	15.48B	18.31B	23.85B	46.71B	4.71B	10.11B	784.90M	291.50M	4.40B	4.11B	5.97B
Short term debt excl. current portion of LT debt	1.44B	5.34B	6.67B	5.42B	7.12B	12.02B	25.09B	13.60B	16.07B	20.96B	21.54B	12.42B	11.23B	11.74B	14.06B	30.74B	6.13B	349.70M	434.50M	374.50M
Accounts payable	6.07B	7.35B	8.80B	13.26B	17.33B	24.54B	17.50B	15.36B	16.14B	23.33B	29.52B	34.63B	36.47B	27.46B	30.29B	30.47B	30.59B	29.91B	24.73B	20.92B
Income tax payable	—	998.90M	608.70M	645.20M	43.90M	2.55B	202.30M	176.90M	201.10M	—	408.40M	2.00B	2.10B	—	109.20M	7.40M	12.40M	89.70M	2.10M	281.40M
Long term debt	11.68B	13.91B	20.33B	35.11B	46.66B	61.81B	48.27B	79.10B	82.23B	82.55B	59.79B	61.54B	36.62B	24.62B	18.36B	16.24B	13.76B	50.37B	17.68B	10.45B
Long term debt excl. lease liabilities	11.68B	13.41B	20.33B	35.11B	46.66B	61.81B	48.27B	79.10B	82.23B	82.55B	59.79B	61.54B	36.62B	24.62B	18.36B	16.24B	13.76B	50.37B	17.68B	10.45B
Total equity	8.42B	9.37B	9.93B	10.07B	14.57B	13.66B	11.01B	6.00B	2.51B	1.37B	-4.65B	-4.75B	-15.51B	-10.00B	-7.59B	-13.18B	-6.59B	-7.14B	-1.68B	9.06B
Shareholders' equity	8.42B	8.76B	9.35B	8.79B	13.15B	11.94B	7.61B	2.72B	528.50M	-831.40M	-4.82B	-2.68B	-10.68B	-10.00B	-7.59B	-13.18B	-6.59B	-7.14B	-1.68B	9.06B
Common equity, total	8.42B	8.76B	9.35B	8.79B	13.15B	11.94B	7.61B	2.72B	528.50M	-831.40M	-4.82B	-2.68B	-10.68B	-10.00B	-7.59B	-13.18B	-6.59B	-7.14B	-1.68B	9.06B
Other common equity	2.43B	2.57B	3.36B	3.52B	3.28B	3.01B	2.84B	2.78B	3.35B	2.95B	3.53B	6.35B	7.83B	1.10B	729.40M	995.90M	1.13B	3.04B	3.22B	3.67B
Total debt	13.17B	19.50B	27.01B	40.52B	53.77B	73.82B	87.64B	99.69B	111.50B	118.99B	99.65B	97.82B	94.56B	41.08B	42.53B	47.77B	20.18B	55.12B	22.23B	16.79B
Net debt	3.05B	16.85B	23.62B	38.33B	—	66.84B	77.06B	87.01B	98.57B	110.31B	91.81B	89.89B	84.78B	32.48B	34.08B	35.15B	4.75B	43.57B	17.09B	9.27B
Change in accounts receivable	-763.90M	-1.69B	-422.70M	-1.59B	-2.99B	-5.63B	-2.26B	-2.81B	-5.44B	-4.22B	-3.61B	-10.19B	-1.04B	-3.61B	-4.29B	-1.34B	-376.40M	-2.40B	4.26B	-2.62B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	1.79B	1.36B	1.47B	5.66B	4.01B	8.42B	324.20M	-6.13B	439.00M	1.63B	-5.12B	961.50M	4.59B	-1.31B	3.08B	1.23B	-6.53B	-2.18B	805.00M	2.41B
Change in other assets/liabilities	293.04M	-210.40M	1.22B	1.00B	2.72B	2.24B	-344.30M	5.92B	179.30M	-555.80M	2.20B	3.70B	1.37B	-2.15B	-3.54B	-1.62B	974.20M	1.45B	-7.46B	-9.72B
Sale of fixed assets & businesses	42.01M	53.00M	1.07B	290.70M	1.85B	7.22B	4.49B	957.00M	285.60M	129.20M	221.30M	162.90M	571.20M	177.90M	207.50M	141.40M	343.00M	3.83B	3.71B	350.00M
Purchase/sale of investments, net	1.13B	1.23B	-269.50M	-298.00M	-2.04B	877.70M	-29.10M	842.40M	273.20M	451.90M	2.32B	1.58B	-103.70M	-287.10M	224.20M	-440.60M	-2.01B	2.26B	4.57B	-680.00M
Sale/maturity of investments	1.32B	2.39B	44.70M	325.60M	231.40M	2.82B	0	842.40M	273.20M	1.37B	3.03B	1.58B	68.70M	39.40M	224.20M	90.00M	0	2.56B	4.57B	155.10M
Purchase of investments	-191.67M	-1.16B	-314.20M	-623.60M	-2.27B	-1.95B	-29.10M	—	—	-920.10M	-711.60M	0	-172.40M	-326.50M	0	-530.60M	-2.01B	-296.00M	0	-835.10M
Other investing cash flow items, total	0	181.80M	-41.10M	49.30M	-9.30M	0	0	0	-1.01B	0	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of debt, net	8.84B	7.34B	7.81B	13.45B	13.18B	18.71B	14.07B	12.05B	12.63B	8.03B	-218.20M	2.99B	-3.24B	-4.71B	-626.50M	5.59B	-2.15B	-2.01B	-3.30B	-3.21B
Issuance/retirement of long term debt	8.84B	7.34B	7.81B	13.45B	13.18B	18.71B	14.07B	12.05B	12.63B	8.03B	-885.80M	12.09B	-2.07B	-5.23B	-2.94B	-897.20M	-7.34B	-1.75B	-2.85B	-2.09B
Issuance/retirement of short term debt	—	—	0	0	—	0	—	—	—	—	667.60M	-9.09B	-1.17B	511.60M	2.32B	6.49B	5.19B	-260.00M	-453.20M	-1.12B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-137.58M	-178.70M	-191.10M	-206.00M	-236.60M	-289.80M	-292.00M	-1.30M	-1.10M	-1.60M	-1.30M	-1.80M	-1.60M	-2.50M	0	0	0	0	0	0
Other financing cash flow items, total	-133.09M	201.10M	-49.20M	-1.19B	193.40M	189.20M	974.80M	2.37B	3.18B	1.16B	0	0	0	0	0	0	0	0	0	0