ITC Ltd

NSE: ITC BSE: 500875

₹264.65

+3.15 (1.20%)

Sat, 24 Oct 2026, 05:03 am

MTF 5xInvest in ITC Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)327109.12

PE Ratio16.71

Dividend5.55

Consumer Non-Durables

Tobacco

24.5K

ITC 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	-190.00M	-118.50M	-140.90M	-290.40M	-735.40M	-608.40M	-695.60M	-666.80M	-63.70M	-909.60M	-781.30M	-490.30M	-1.15B	-714.00M	-813.80M	-579.70M	-599.90M	-777.70M	-391.10M	-450.60M
Pretax equity in earnings	—	—	—	—	—	—	—	—	—	—	—	59.70M	—	—	—	—	—	—	—	—
Equity in earnings	56.00M	66.30M	78.60M	61.40M	62.40M	96.10M	112.80M	108.70M	105.70M	128.90M	84.20M	59.70M	75.80M	117.00M	82.20M	-69.20M	174.80M	490.40M	144.30M	1.10B
Total assets	136.50B	156.84B	180.59B	204.56B	241.51B	267.65B	305.06B	358.58B	413.30B	464.63B	516.92B	559.43B	642.89B	717.98B	773.67B	738.19B	772.60B	858.83B	918.26B	880.91B
Total current assets	84.97B	92.15B	94.85B	85.12B	90.02B	109.63B	158.01B	190.66B	225.81B	255.74B	248.62B	262.69B	263.94B	317.47B	395.05B	349.92B	342.32B	396.71B	410.66B	438.93B
Cash and short term investments	38.19B	33.67B	29.28B	13.18B	13.49B	24.27B	75.72B	94.21B	107.26B	140.31B	126.85B	138.55B	134.69B	175.00B	252.26B	195.05B	169.19B	221.13B	201.62B	203.00B
Cash & equivalents	1.28B	2.03B	2.56B	2.90B	2.67B	1.99B	2.69B	3.21B	3.69B	2.88B	4.38B	4.91B	3.12B	4.87B	8.18B	5.00B	4.96B	7.03B	8.95B	8.85B
Short term investments	36.91B	31.64B	26.73B	10.29B	10.82B	22.28B	73.03B	90.99B	103.56B	137.43B	122.47B	128.09B	131.57B	170.13B	244.07B	190.06B	164.23B	214.10B	192.67B	194.15B
Total receivables, net	7.70B	11.97B	16.15B	17.99B	19.96B	15.30B	14.28B	16.59B	27.84B	21.26B	25.11B	30.96B	35.60B	49.30B	35.39B	34.11B	36.77B	42.77B	54.00B	61.63B
Accounts receivable - trade, net	6.35B	7.33B	8.79B	8.04B	10.10B	11.02B	12.04B	13.96B	24.39B	19.82B	19.17B	24.74B	26.82B	40.35B	25.62B	25.02B	24.62B	29.56B	40.26B	47.20B
Other receivables	1.35B	4.64B	7.36B	9.95B	9.86B	4.28B	2.24B	2.63B	3.45B	1.44B	5.94B	6.22B	8.77B	8.94B	9.76B	9.10B	12.15B	13.21B	13.74B	14.44B
Total inventory	31.15B	39.35B	42.68B	47.94B	50.92B	57.33B	64.28B	75.22B	82.55B	85.87B	91.29B	81.86B	75.85B	79.44B	89.66B	105.07B	109.74B	119.14B	143.03B	158.36B
Other current assets, total	7.92B	7.16B	6.73B	2.19B	2.98B	10.69B	3.73B	4.64B	8.16B	8.30B	5.37B	11.32B	17.81B	13.74B	17.75B	15.68B	26.63B	13.67B	12.00B	15.94B
Total non-current assets	51.53B	64.69B	85.74B	119.44B	151.49B	158.02B	147.04B	167.92B	187.49B	208.89B	268.29B	296.74B	378.95B	400.51B	378.62B	388.27B	430.27B	462.12B	507.61B	441.97B
Long term investments	1.57B	2.25B	4.56B	25.07B	50.00B	48.68B	12.26B	14.09B	14.75B	15.47B	60.73B	67.08B	125.20B	132.29B	111.16B	104.38B	129.67B	146.87B	188.47B	200.49B
Note receivable - long term	—	—	—	—	—	—	—	—	—	8.50M	162.00M	130.50M	142.10M	128.60M	99.30M	87.80M	115.10M	83.50M	63.80M	176.70M
Investments in unconsolidated subsidiaries	950.00M	1.00B	1.07B	5.17B	5.16B	1.31B	1.10B	1.18B	1.27B	1.37B	2.78B	2.86B	2.77B	2.79B	2.67B	2.63B	2.69B	3.38B	5.50B	47.12B
Other investments	615.90M	1.25B	3.49B	19.90B	44.85B	47.37B	11.16B	12.90B	13.49B	14.08B	57.79B	64.09B	122.29B	129.37B	108.40B	101.67B	126.87B	143.41B	182.90B	153.19B
Net property/plant/equipment	46.79B	59.76B	76.41B	89.00B	95.77B	102.52B	119.62B	137.64B	156.32B	173.19B	180.26B	200.80B	218.52B	231.89B	243.00B	244.14B	244.77B	252.01B	271.65B	191.72B
Gross property/plant/equipment	70.05B	—	107.47B	125.07B	137.26B	150.26B	171.92B	196.74B	223.41B	249.81B	190.61B	222.11B	251.26B	277.36B	302.49B	317.96B	332.16B	353.80B	387.78B	300.57B
Deferred tax assets	2.34B	2.68B	2.98B	3.11B	3.51B	4.23B	4.42B	5.28B	4.82B	5.11B	405.40M	449.50M	479.80M	593.70M	562.90M	585.40M	635.30M	520.20M	721.90M	879.80M
Net intangible assets	818.70M	0	1.78B	2.26B	2.20B	2.59B	4.42B	4.38B	4.07B	6.85B	6.78B	6.77B	6.69B	7.59B	7.33B	27.98B	28.20B	35.26B	34.67B	36.25B
Goodwill, net	319.20M	0	1.36B	1.96B	2.00B	2.43B	3.14B	3.17B	2.97B	2.32B	2.03B	2.03B	2.03B	2.03B	2.03B	7.80B	7.80B	7.80B	7.80B	8.97B
Other intangibles, net	499.50M	0	424.80M	293.90M	203.20M	168.60M	1.28B	1.21B	1.10B	4.53B	4.75B	4.74B	4.66B	5.56B	5.30B	20.18B	20.40B	27.46B	26.88B	27.28B
Other long term assets, total	0	0	0	0	0	0	6.32B	6.53B	7.53B	8.28B	20.12B	21.65B	28.07B	28.15B	16.56B	11.19B	27.00B	27.46B	12.10B	12.64B
Short term debt	1.30M	175.40M	921.90M	781.00M	106.20M	298.80M	125.40M	119.00M	1.66B	2.18B	571.20M	273.20M	244.20M	52.90M	675.50M	582.90M	509.20M	891.80M	710.60M	1.47B
Current portion of LT debt and capital leases	0	17.00M	58.50M	100.60M	106.20M	58.80M	106.50M	115.80M	157.70M	222.50M	131.70M	82.10M	70.70M	34.30M	661.30M	544.10M	509.20M	552.20M	630.60M	578.30M
Short term debt excl. current portion of LT debt	1.30M	158.40M	863.40M	680.40M	0	240.00M	18.90M	3.20M	1.50B	1.95B	439.50M	191.10M	173.50M	18.60M	14.20M	38.80M	0	339.60M	80.00M	895.00M
Accounts payable	21.88B	24.61B	28.84B	31.20B	36.40B	45.47B	15.16B	17.72B	21.06B	20.20B	23.39B	26.59B	34.96B	35.10B	36.30B	43.19B	44.17B	46.59B	47.98B	48.07B
Income tax payable	—	—	—	160.10M	206.00M	5.86B	7.86B	9.81B	10.80B	411.30M	848.00M	1.51B	685.60M	4.24B	2.49B	3.33B	6.87B	9.12B	9.41B	12.30B
Long term debt	1.47B	1.83B	1.33B	1.09B	1.00B	37.00M	261.00M	225.40M	764.00M	606.80M	266.60M	184.00M	115.00M	81.50M	2.10B	2.13B	1.99B	2.17B	2.32B	1.37B
Long term debt excl. lease liabilities	1.47B	1.83B	1.33B	1.09B	92.40M	37.00M	261.00M	225.40M	764.00M	606.80M	266.60M	184.00M	115.00M	81.50M	2.10B	2.13B	1.99B	2.17B	2.32B	1.37B
Total equity	93.03B	107.54B	124.01B	141.58B	145.84B	166.03B	196.15B	233.38B	274.40B	319.60B	429.40B	467.07B	528.44B	594.84B	656.50B	606.94B	628.22B	695.39B	748.90B	703.98B
Shareholders' equity	92.21B	106.46B	122.88B	140.28B	144.58B	164.62B	194.58B	231.58B	272.37B	317.35B	426.79B	464.13B	525.10B	591.41B	652.73B	603.47B	624.55B	691.55B	745.07B	700.30B
Common equity, total	92.21B	106.46B	122.88B	140.28B	144.58B	164.62B	194.58B	231.58B	272.37B	317.35B	426.79B	464.13B	525.10B	591.41B	652.73B	603.47B	624.55B	691.55B	745.07B	700.30B
Other common equity	80.03B	92.67B	107.81B	131.02B	128.12B	139.12B	161.43B	189.20B	157.24B	165.55B	190.61B	205.94B	212.54B	217.04B	203.80B	203.04B	199.72B	195.35B	217.64B	35.11B
Total debt	1.47B	2.01B	2.25B	1.87B	1.11B	335.80M	386.40M	344.40M	2.42B	2.78B	837.80M	457.20M	359.20M	134.40M	2.77B	2.71B	2.49B	3.06B	3.03B	2.85B
Net debt	-36.73B	-31.67B	-27.03B	-11.32B	-12.38B	-23.93B	-75.34B	-93.86B	-104.83B	-137.53B	-126.01B	-138.09B	-134.33B	-174.86B	-249.48B	-192.35B	-166.69B	-218.07B	-198.59B	-200.15B
Change in accounts receivable	-1.00B	-2.37B	-2.04B	-865.30M	-3.25B	-2.32B	-3.61B	-4.46B	-15.46B	—	—	—	—	—	—	-656.00M	-7.32B	-8.84B	-9.34B	-10.23B
Change in taxes payable	—	—	—	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	2.80B	3.79B	2.64B	4.09B	5.34B	8.85B	2.56B	3.31B	4.56B	—	6.22B	3.21B	—	6.20B	-6.07B	11.13B	10.99B	10.58B	1.41B	12.56B
Change in other assets/liabilities	-678.70M	0	0	0	0	0	0	0	0	5.36B	-2.07B	443.80M	17.36B	-11.14B	9.03B	0	0	0	0	0
Sale of fixed assets & businesses	59.60M	39.10M	78.90M	89.80M	71.00M	87.80M	588.70M	96.50M	382.60M	203.30M	98.50M	1.79B	972.50M	455.70M	270.20M	25.30M	1.33B	491.70M	1.07B	1.75B
Purchase/sale of investments, net	4.61B	4.84B	1.42B	1.66B	-24.14B	2.77B	-1.27B	-17.56B	-9.78B	-28.16B	-23.80B	-10.75B	-50.81B	-36.20B	-52.93B	84.20B	-12.03B	-43.18B	-19.55B	-60.50B
Sale/maturity of investments	336.49B	294.52B	281.58B	438.40B	561.95B	700.27B	503.09B	778.34B	968.81B	1.03T	1.57T	868.80B	985.59B	964.70B	808.57B	707.45B	761.17B	890.41B	778.30B	678.11B
Purchase of investments	-331.89B	-289.68B	-280.16B	-436.74B	-586.09B	-697.50B	-504.35B	-795.90B	-978.59B	-1.06T	-1.60T	-879.55B	-1.04T	-1.00T	-861.50B	-623.25B	-773.21B	-933.59B	-797.84B	-738.60B
Other investing cash flow items, total	430.20M	395.50M	758.20M	615.00M	20.70M	13.00M	156.60M	-49.30M	69.70M	49.40M	19.70M	57.10M	-2.10M	4.40M	34.90M	42.20M	-58.40M	7.80M	57.99B	66.47B
Issuance/retirement of debt, net	-1.28B	542.20M	79.40M	-382.50M	-759.00M	135.40M	-172.70M	-136.00M	1.41B	314.70M	-127.30M	-131.70M	23.50M	-176.30M	-34.20M	-22.80M	-3.50M	-7.30M	64.30M	354.80M
Issuance/retirement of long term debt	210.10M	291.60M	-18.30M	-121.80M	-78.50M	-104.60M	48.40M	-117.10M	-92.30M	-136.80M	-127.30M	-131.70M	-82.10M	-70.70M	-34.20M	-22.80M	-3.50M	-7.30M	-15.70M	-15.20M
Issuance/retirement of short term debt	-1.49B	250.60M	97.70M	-260.70M	-680.50M	240.00M	-221.10M	-18.90M	1.50B	451.50M	-1.51B	0	0	-105.60M	0	0	0	0	80.00M	370.00M
Issuance/retirement of other debt	—	—	—	—	0	0	0	0	0	—	—	—	105.60M	—	—	—	—	—	—	—
Total cash dividends paid	-8.85B	-11.42B	-13.83B	-13.39B	-14.49B	-38.66B	-35.03B	-35.92B	-42.39B	-56.88B	-61.25B	-83.33B	-70.88B	-77.33B	-87.09B	-188.67B	-137.88B	-154.18B	-198.99B	-177.82B
Other financing cash flow items, total	0	0	0	-2.31B	-2.32B	-6.14B	-5.42B	-5.56B	173.60M	212.20M	0	36.90M	7.70M	107.50M	-11.30M	0	0	204.30M	121.20M	275.40M

ITC Balance Sheet

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	-190.00M	-118.50M	-140.90M	-290.40M	-735.40M	-608.40M	-695.60M	-666.80M	-63.70M	-909.60M	-781.30M	-490.30M	-1.15B	-714.00M	-813.80M	-579.70M	-599.90M	-777.70M	-391.10M	-450.60M
Pretax equity in earnings	—	—	—	—	—	—	—	—	—	—	—	59.70M	—	—	—	—	—	—	—	—
Equity in earnings	56.00M	66.30M	78.60M	61.40M	62.40M	96.10M	112.80M	108.70M	105.70M	128.90M	84.20M	59.70M	75.80M	117.00M	82.20M	-69.20M	174.80M	490.40M	144.30M	1.10B
Total assets	136.50B	156.84B	180.59B	204.56B	241.51B	267.65B	305.06B	358.58B	413.30B	464.63B	516.92B	559.43B	642.89B	717.98B	773.67B	738.19B	772.60B	858.83B	918.26B	880.91B
Total current assets	84.97B	92.15B	94.85B	85.12B	90.02B	109.63B	158.01B	190.66B	225.81B	255.74B	248.62B	262.69B	263.94B	317.47B	395.05B	349.92B	342.32B	396.71B	410.66B	438.93B
Cash and short term investments	38.19B	33.67B	29.28B	13.18B	13.49B	24.27B	75.72B	94.21B	107.26B	140.31B	126.85B	138.55B	134.69B	175.00B	252.26B	195.05B	169.19B	221.13B	201.62B	203.00B
Cash & equivalents	1.28B	2.03B	2.56B	2.90B	2.67B	1.99B	2.69B	3.21B	3.69B	2.88B	4.38B	4.91B	3.12B	4.87B	8.18B	5.00B	4.96B	7.03B	8.95B	8.85B
Short term investments	36.91B	31.64B	26.73B	10.29B	10.82B	22.28B	73.03B	90.99B	103.56B	137.43B	122.47B	128.09B	131.57B	170.13B	244.07B	190.06B	164.23B	214.10B	192.67B	194.15B
Total receivables, net	7.70B	11.97B	16.15B	17.99B	19.96B	15.30B	14.28B	16.59B	27.84B	21.26B	25.11B	30.96B	35.60B	49.30B	35.39B	34.11B	36.77B	42.77B	54.00B	61.63B
Accounts receivable - trade, net	6.35B	7.33B	8.79B	8.04B	10.10B	11.02B	12.04B	13.96B	24.39B	19.82B	19.17B	24.74B	26.82B	40.35B	25.62B	25.02B	24.62B	29.56B	40.26B	47.20B
Other receivables	1.35B	4.64B	7.36B	9.95B	9.86B	4.28B	2.24B	2.63B	3.45B	1.44B	5.94B	6.22B	8.77B	8.94B	9.76B	9.10B	12.15B	13.21B	13.74B	14.44B
Total inventory	31.15B	39.35B	42.68B	47.94B	50.92B	57.33B	64.28B	75.22B	82.55B	85.87B	91.29B	81.86B	75.85B	79.44B	89.66B	105.07B	109.74B	119.14B	143.03B	158.36B
Other current assets, total	7.92B	7.16B	6.73B	2.19B	2.98B	10.69B	3.73B	4.64B	8.16B	8.30B	5.37B	11.32B	17.81B	13.74B	17.75B	15.68B	26.63B	13.67B	12.00B	15.94B
Total non-current assets	51.53B	64.69B	85.74B	119.44B	151.49B	158.02B	147.04B	167.92B	187.49B	208.89B	268.29B	296.74B	378.95B	400.51B	378.62B	388.27B	430.27B	462.12B	507.61B	441.97B
Long term investments	1.57B	2.25B	4.56B	25.07B	50.00B	48.68B	12.26B	14.09B	14.75B	15.47B	60.73B	67.08B	125.20B	132.29B	111.16B	104.38B	129.67B	146.87B	188.47B	200.49B
Note receivable - long term	—	—	—	—	—	—	—	—	—	8.50M	162.00M	130.50M	142.10M	128.60M	99.30M	87.80M	115.10M	83.50M	63.80M	176.70M
Investments in unconsolidated subsidiaries	950.00M	1.00B	1.07B	5.17B	5.16B	1.31B	1.10B	1.18B	1.27B	1.37B	2.78B	2.86B	2.77B	2.79B	2.67B	2.63B	2.69B	3.38B	5.50B	47.12B
Other investments	615.90M	1.25B	3.49B	19.90B	44.85B	47.37B	11.16B	12.90B	13.49B	14.08B	57.79B	64.09B	122.29B	129.37B	108.40B	101.67B	126.87B	143.41B	182.90B	153.19B
Net property/plant/equipment	46.79B	59.76B	76.41B	89.00B	95.77B	102.52B	119.62B	137.64B	156.32B	173.19B	180.26B	200.80B	218.52B	231.89B	243.00B	244.14B	244.77B	252.01B	271.65B	191.72B
Gross property/plant/equipment	70.05B	—	107.47B	125.07B	137.26B	150.26B	171.92B	196.74B	223.41B	249.81B	190.61B	222.11B	251.26B	277.36B	302.49B	317.96B	332.16B	353.80B	387.78B	300.57B
Deferred tax assets	2.34B	2.68B	2.98B	3.11B	3.51B	4.23B	4.42B	5.28B	4.82B	5.11B	405.40M	449.50M	479.80M	593.70M	562.90M	585.40M	635.30M	520.20M	721.90M	879.80M
Net intangible assets	818.70M	0	1.78B	2.26B	2.20B	2.59B	4.42B	4.38B	4.07B	6.85B	6.78B	6.77B	6.69B	7.59B	7.33B	27.98B	28.20B	35.26B	34.67B	36.25B
Goodwill, net	319.20M	0	1.36B	1.96B	2.00B	2.43B	3.14B	3.17B	2.97B	2.32B	2.03B	2.03B	2.03B	2.03B	2.03B	7.80B	7.80B	7.80B	7.80B	8.97B
Other intangibles, net	499.50M	0	424.80M	293.90M	203.20M	168.60M	1.28B	1.21B	1.10B	4.53B	4.75B	4.74B	4.66B	5.56B	5.30B	20.18B	20.40B	27.46B	26.88B	27.28B
Other long term assets, total	0	0	0	0	0	0	6.32B	6.53B	7.53B	8.28B	20.12B	21.65B	28.07B	28.15B	16.56B	11.19B	27.00B	27.46B	12.10B	12.64B
Short term debt	1.30M	175.40M	921.90M	781.00M	106.20M	298.80M	125.40M	119.00M	1.66B	2.18B	571.20M	273.20M	244.20M	52.90M	675.50M	582.90M	509.20M	891.80M	710.60M	1.47B
Current portion of LT debt and capital leases	0	17.00M	58.50M	100.60M	106.20M	58.80M	106.50M	115.80M	157.70M	222.50M	131.70M	82.10M	70.70M	34.30M	661.30M	544.10M	509.20M	552.20M	630.60M	578.30M
Short term debt excl. current portion of LT debt	1.30M	158.40M	863.40M	680.40M	0	240.00M	18.90M	3.20M	1.50B	1.95B	439.50M	191.10M	173.50M	18.60M	14.20M	38.80M	0	339.60M	80.00M	895.00M
Accounts payable	21.88B	24.61B	28.84B	31.20B	36.40B	45.47B	15.16B	17.72B	21.06B	20.20B	23.39B	26.59B	34.96B	35.10B	36.30B	43.19B	44.17B	46.59B	47.98B	48.07B
Income tax payable	—	—	—	160.10M	206.00M	5.86B	7.86B	9.81B	10.80B	411.30M	848.00M	1.51B	685.60M	4.24B	2.49B	3.33B	6.87B	9.12B	9.41B	12.30B
Long term debt	1.47B	1.83B	1.33B	1.09B	1.00B	37.00M	261.00M	225.40M	764.00M	606.80M	266.60M	184.00M	115.00M	81.50M	2.10B	2.13B	1.99B	2.17B	2.32B	1.37B
Long term debt excl. lease liabilities	1.47B	1.83B	1.33B	1.09B	92.40M	37.00M	261.00M	225.40M	764.00M	606.80M	266.60M	184.00M	115.00M	81.50M	2.10B	2.13B	1.99B	2.17B	2.32B	1.37B
Total equity	93.03B	107.54B	124.01B	141.58B	145.84B	166.03B	196.15B	233.38B	274.40B	319.60B	429.40B	467.07B	528.44B	594.84B	656.50B	606.94B	628.22B	695.39B	748.90B	703.98B
Shareholders' equity	92.21B	106.46B	122.88B	140.28B	144.58B	164.62B	194.58B	231.58B	272.37B	317.35B	426.79B	464.13B	525.10B	591.41B	652.73B	603.47B	624.55B	691.55B	745.07B	700.30B
Common equity, total	92.21B	106.46B	122.88B	140.28B	144.58B	164.62B	194.58B	231.58B	272.37B	317.35B	426.79B	464.13B	525.10B	591.41B	652.73B	603.47B	624.55B	691.55B	745.07B	700.30B
Other common equity	80.03B	92.67B	107.81B	131.02B	128.12B	139.12B	161.43B	189.20B	157.24B	165.55B	190.61B	205.94B	212.54B	217.04B	203.80B	203.04B	199.72B	195.35B	217.64B	35.11B
Total debt	1.47B	2.01B	2.25B	1.87B	1.11B	335.80M	386.40M	344.40M	2.42B	2.78B	837.80M	457.20M	359.20M	134.40M	2.77B	2.71B	2.49B	3.06B	3.03B	2.85B
Net debt	-36.73B	-31.67B	-27.03B	-11.32B	-12.38B	-23.93B	-75.34B	-93.86B	-104.83B	-137.53B	-126.01B	-138.09B	-134.33B	-174.86B	-249.48B	-192.35B	-166.69B	-218.07B	-198.59B	-200.15B
Change in accounts receivable	-1.00B	-2.37B	-2.04B	-865.30M	-3.25B	-2.32B	-3.61B	-4.46B	-15.46B	—	—	—	—	—	—	-656.00M	-7.32B	-8.84B	-9.34B	-10.23B
Change in taxes payable	—	—	—	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	2.80B	3.79B	2.64B	4.09B	5.34B	8.85B	2.56B	3.31B	4.56B	—	6.22B	3.21B	—	6.20B	-6.07B	11.13B	10.99B	10.58B	1.41B	12.56B
Change in other assets/liabilities	-678.70M	0	0	0	0	0	0	0	0	5.36B	-2.07B	443.80M	17.36B	-11.14B	9.03B	0	0	0	0	0
Sale of fixed assets & businesses	59.60M	39.10M	78.90M	89.80M	71.00M	87.80M	588.70M	96.50M	382.60M	203.30M	98.50M	1.79B	972.50M	455.70M	270.20M	25.30M	1.33B	491.70M	1.07B	1.75B
Purchase/sale of investments, net	4.61B	4.84B	1.42B	1.66B	-24.14B	2.77B	-1.27B	-17.56B	-9.78B	-28.16B	-23.80B	-10.75B	-50.81B	-36.20B	-52.93B	84.20B	-12.03B	-43.18B	-19.55B	-60.50B
Sale/maturity of investments	336.49B	294.52B	281.58B	438.40B	561.95B	700.27B	503.09B	778.34B	968.81B	1.03T	1.57T	868.80B	985.59B	964.70B	808.57B	707.45B	761.17B	890.41B	778.30B	678.11B
Purchase of investments	-331.89B	-289.68B	-280.16B	-436.74B	-586.09B	-697.50B	-504.35B	-795.90B	-978.59B	-1.06T	-1.60T	-879.55B	-1.04T	-1.00T	-861.50B	-623.25B	-773.21B	-933.59B	-797.84B	-738.60B
Other investing cash flow items, total	430.20M	395.50M	758.20M	615.00M	20.70M	13.00M	156.60M	-49.30M	69.70M	49.40M	19.70M	57.10M	-2.10M	4.40M	34.90M	42.20M	-58.40M	7.80M	57.99B	66.47B
Issuance/retirement of debt, net	-1.28B	542.20M	79.40M	-382.50M	-759.00M	135.40M	-172.70M	-136.00M	1.41B	314.70M	-127.30M	-131.70M	23.50M	-176.30M	-34.20M	-22.80M	-3.50M	-7.30M	64.30M	354.80M
Issuance/retirement of long term debt	210.10M	291.60M	-18.30M	-121.80M	-78.50M	-104.60M	48.40M	-117.10M	-92.30M	-136.80M	-127.30M	-131.70M	-82.10M	-70.70M	-34.20M	-22.80M	-3.50M	-7.30M	-15.70M	-15.20M
Issuance/retirement of short term debt	-1.49B	250.60M	97.70M	-260.70M	-680.50M	240.00M	-221.10M	-18.90M	1.50B	451.50M	-1.51B	0	0	-105.60M	0	0	0	0	80.00M	370.00M
Issuance/retirement of other debt	—	—	—	—	0	0	0	0	0	—	—	—	105.60M	—	—	—	—	—	—	—
Total cash dividends paid	-8.85B	-11.42B	-13.83B	-13.39B	-14.49B	-38.66B	-35.03B	-35.92B	-42.39B	-56.88B	-61.25B	-83.33B	-70.88B	-77.33B	-87.09B	-188.67B	-137.88B	-154.18B	-198.99B	-177.82B
Other financing cash flow items, total	0	0	0	-2.31B	-2.32B	-6.14B	-5.42B	-5.56B	173.60M	212.20M	0	36.90M	7.70M	107.50M	-11.30M	0	0	204.30M	121.20M	275.40M