Larsen & Toubro Ltd

NSE: LT BSE: 500510

₹3660.40

+18.40 (0.51%)

Sat, 24 Oct 2026, 01:44 am

MTF 5xInvest in Larsen & Toubro Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)505641.42

PE Ratio30.36

Dividend1.03

Industrial Services

Engineering & Construction

24.5K

Larsen & Toubro 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	-2.34B	-3.00B	-2.62B	-11.66B	-6.92B	-14.42B	-21.77B	-20.95B	-40.55B	-43.46B	-29.87B	-24.19B	-27.49B	-19.16B	-29.18B	-120.55B	-94.88B	-97.21B	-98.13B	-102.77B
Pretax equity in earnings	0	0	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Equity in earnings	715.20M	950.80M	1.36B	509.00M	1.06B	870.70M	461.60M	384.30M	92.50M	21.40M	-9.90B	-3.95B	-4.36B	252.20M	1.12B	538.80M	1.55B	-620.50M	40.30M	-140.60M
Total assets	164.46B	248.16B	400.91B	554.86B	709.63B	947.34B	1.19T	1.45T	1.72T	1.97T	1.96T	2.14T	2.45T	2.80T	3.09T	3.16T	3.20T	3.30T	3.40T	3.80T
Total current assets	116.39B	167.13B	241.92B	255.42B	307.66B	525.75B	641.09B	778.05B	879.03B	973.72B	1.06T	1.20T	1.40T	1.67T	1.78T	1.95T	2.07T	2.21T	2.18T	2.45T
Cash and short term investments	8.16B	17.18B	61.32B	14.59B	33.22B	111.05B	105.80B	110.76B	112.16B	142.27B	128.84B	196.06B	174.97B	256.72B	278.18B	472.53B	487.53B	580.93B	503.16B	664.66B
Cash & equivalents	5.62B	12.05B	12.47B	11.55B	18.44B	25.50B	29.19B	19.19B	31.62B	54.67B	40.61B	37.48B	71.33B	108.81B	132.41B	156.25B	164.91B	205.82B	136.42B	179.19B
Short term investments	2.54B	5.13B	48.85B	3.04B	14.77B	85.55B	76.61B	91.57B	80.54B	87.60B	88.23B	158.58B	103.64B	147.92B	145.76B	316.28B	322.62B	375.11B	366.74B	485.47B
Total receivables, net	82.83B	112.92B	129.80B	214.76B	249.59B	380.13B	486.45B	590.26B	689.18B	741.81B	870.66B	955.05B	1.17T	1.34T	1.44T	1.42T	1.51T	1.54T	1.60T	1.70T
Accounts receivable - trade, net	54.48B	61.00B	82.34B	114.91B	125.28B	264.09B	352.54B	231.77B	263.85B	532.75B	607.26B	628.49B	758.81B	833.21B	925.81B	898.49B	995.47B	1.02T	1.11T	1.17T
Other receivables	28.35B	51.91B	47.45B	99.85B	124.31B	116.04B	133.91B	358.49B	425.34B	209.05B	263.40B	326.56B	415.87B	510.36B	518.77B	517.99B	518.42B	520.27B	491.41B	530.66B
Total inventory	24.77B	36.78B	50.19B	25.02B	23.78B	30.40B	42.30B	51.69B	55.27B	65.18B	48.54B	41.40B	48.48B	64.14B	57.47B	58.21B	59.43B	68.29B	66.20B	76.71B
Other current assets, total	627.90M	255.50M	619.10M	1.06B	1.07B	4.16B	6.53B	6.81B	1.93B	3.23B	10.66B	9.31B	3.05B	3.40B	3.00B	2.40B	12.88B	23.14B	6.84B	7.43B
Total non-current assets	48.06B	81.03B	158.99B	299.44B	401.97B	421.59B	548.86B	675.71B	840.34B	992.96B	898.48B	936.05B	1.05T	1.13T	1.30T	1.21T	1.13T	1.09T	1.23T	1.34T
Long term investments	16.76B	24.78B	71.42B	139.15B	208.63B	134.69B	197.17B	251.57B	368.23B	479.04B	597.44B	594.20B	673.80B	736.16B	739.38B	690.94B	649.41B	577.10B	690.52B	799.26B
Note receivable - long term	—	—	61.60B	71.10B	109.35B	119.65B	180.08B	238.34B	350.90B	459.05B	516.70B	501.29B	568.67B	619.10B	626.01B	563.20B	504.56B	439.47B	554.97B	664.66B
Investments in unconsolidated subsidiaries	3.31B	3.09B	5.37B	4.84B	5.06B	4.54B	4.70B	3.23B	1.67B	1.48B	12.58B	27.73B	24.82B	26.42B	28.51B	26.70B	25.21B	22.94B	12.64B	23.18B
Other investments	13.45B	21.70B	4.44B	63.22B	94.22B	10.50B	12.39B	9.99B	15.66B	18.51B	68.17B	65.18B	80.32B	90.64B	84.86B	101.04B	119.64B	114.70B	122.91B	111.41B
Net property/plant/equipment	29.05B	41.56B	62.91B	95.10B	120.70B	186.44B	222.37B	248.35B	250.30B	242.42B	142.11B	133.51B	128.60B	135.44B	158.27B	138.77B	138.84B	164.61B	185.65B	197.99B
Gross property/plant/equipment	46.52B	61.00B	81.62B	120.88B	150.73B	221.35B	267.54B	309.50B	327.63B	335.78B	156.96B	164.06B	174.69B	194.93B	232.40B	230.73B	235.06B	275.80B	311.52B	354.64B
Deferred tax assets	1.33B	1.67B	2.05B	4.10B	3.55B	206.90M	1.29B	1.94B	2.80B	7.24B	23.64B	33.41B	37.06B	45.98B	44.80B	71.86B	28.40B	39.85B	38.64B	37.93B
Net intangible assets	648.40M	12.84B	22.32B	61.08B	69.08B	96.94B	123.21B	168.62B	215.46B	260.20B	111.87B	131.84B	148.93B	174.86B	276.95B	273.77B	264.94B	259.23B	253.33B	255.97B
Goodwill, net	129.50M	1.65B	2.24B	3.59B	5.28B	10.82B	10.54B	21.20B	21.36B	22.15B	14.47B	13.99B	15.62B	18.27B	80.11B	80.67B	76.85B	77.99B	78.01B	83.48B
Other intangibles, net	230.50M	11.18B	20.08B	57.49B	63.80B	86.12B	112.67B	147.42B	194.10B	238.05B	97.40B	117.85B	133.31B	156.59B	196.83B	193.10B	188.09B	181.24B	175.32B	172.49B
Other long term assets, total	38.80M	2.70M	800.00K	800.00K	800.00K	3.15B	3.80B	4.31B	1.28B	3.09B	23.38B	42.98B	58.71B	34.98B	85.11B	32.68B	45.37B	50.58B	57.39B	52.25B
Short term debt	9.13B	22.55B	53.88B	36.18B	35.40B	79.57B	109.94B	145.86B	247.06B	252.93B	269.12B	266.13B	346.09B	514.34B	591.01B	508.91B	622.56B	577.86B	580.80B	726.40B
Current portion of LT debt and capital leases	36.70M	29.90M	18.10M	2.80M	900.00K	39.20B	52.16B	72.98B	110.27B	83.04B	120.15B	100.79B	152.77B	222.11B	240.80B	231.25B	317.80B	268.90B	302.46B	367.79B
Short term debt excl. current portion of LT debt	9.10B	22.52B	53.88B	36.18B	35.40B	40.37B	57.78B	72.88B	136.79B	169.89B	148.97B	165.34B	193.32B	292.24B	350.21B	277.66B	304.77B	308.96B	278.34B	358.61B
Accounts payable	45.54B	46.03B	70.14B	89.82B	141.99B	146.88B	167.17B	188.12B	208.71B	248.59B	270.04B	302.95B	377.97B	429.95B	436.44B	455.05B	513.66B	497.84B	532.93B	524.59B
Income tax payable	4.18B	7.24B	10.58B	3.05B	5.96B	1.91B	258.10M	22.80B	19.02B	26.43B	834.90M	2.40B	7.53B	11.37B	15.10B	11.71B	13.10B	13.93B	18.60B	25.79B
Long term debt	25.87B	41.80B	67.36B	147.80B	191.16B	248.41B	361.56B	473.92B	554.47B	652.78B	612.24B	674.94B	729.15B	741.21B	840.73B	837.38B	632.52B	628.64B	582.42B	597.69B
Long term debt excl. lease liabilities	25.85B	41.80B	67.36B	147.80B	191.15B	248.40B	361.55B	473.92B	554.44B	652.78B	612.24B	674.94B	729.15B	741.21B	840.73B	837.38B	632.52B	628.64B	582.42B	597.69B
Total equity	50.71B	75.67B	117.54B	150.46B	220.79B	260.77B	311.40B	355.69B	399.26B	449.41B	470.73B	536.27B	601.05B	692.01B	762.44B	879.20B	953.74B	1.04T	1.03T	1.15T
Shareholders' equity	49.64B	69.22B	108.31B	139.88B	209.91B	250.51B	293.87B	329.16B	367.47B	399.42B	441.80B	500.63B	549.03B	623.75B	667.23B	758.69B	824.08B	893.26B	863.59B	976.56B
Common equity, total	49.64B	69.22B	108.31B	139.88B	209.91B	250.51B	293.87B	329.16B	367.47B	399.42B	441.80B	500.63B	549.03B	623.75B	667.23B	758.69B	824.08B	893.26B	863.59B	976.56B
Other common equity	28.63B	47.99B	2.77B	96.71B	144.68B	13.17B	21.37B	15.51B	20.74B	27.25B	41.05B	42.23B	51.83B	57.53B	51.11B	58.56B	62.68B	57.55B	65.44B	72.68B
Total debt	35.01B	64.34B	121.23B	183.98B	226.56B	327.98B	471.50B	619.78B	801.53B	905.71B	881.35B	941.07B	1.08T	1.26T	1.43T	1.35T	1.26T	1.21T	1.16T	1.32T
Net debt	26.85B	47.16B	59.92B	169.39B	193.34B	216.93B	365.70B	509.02B	689.37B	763.45B	752.51B	745.01B	900.27B	998.83B	1.15T	873.76B	767.55B	625.57B	660.06B	659.43B
Change in accounts receivable	-20.26B	-26.98B	-67.94B	-65.01B	-75.50B	78.56B	-95.35B	-131.67B	-201.33B	-165.90B	-94.50B	-24.71B	-145.01B	-92.41B	-112.79B	27.84B	-98.52B	-44.95B	-106.43B	-92.52B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	16.12B	40.82B	39.86B	30.08B	41.54B	74.78B	42.52B	23.59B	51.43B	97.07B	93.08B	53.07B	117.27B	68.19B	31.34B	22.20B	96.78B	54.13B	146.01B	96.83B
Change in other assets/liabilities	168.00M	69.50M	-114.20M	282.60M	2.80M	-61.90B	-70.63B	0	0	—	-105.85B	-57.44B	-164.59B	-138.55B	69.20M	46.18B	50.05B	49.37B	-55.88B	-119.56B
Sale of fixed assets & businesses	1.26B	805.10M	3.41B	2.98B	1.40B	4.76B	16.83B	10.43B	3.23B	3.87B	6.09B	23.25B	19.61B	37.93B	3.48B	17.02B	10.86B	32.44B	11.72B	26.07B
Purchase/sale of investments, net	-7.03B	-1.74B	-31.99B	-11.64B	-10.73B	8.69B	5.62B	4.48B	7.79B	1.55B	-13.01B	-100.90B	23.00B	-82.52B	38.89B	-175.59B	-24.22B	-89.55B	28.91B	-149.37B
Sale/maturity of investments	56.59B	239.00B	794.40M	2.64B	23.06B	15.74B	10.83B	9.84B	14.53B	19.62B	3.55B	670.00M	34.65B	6.53B	58.07B	2.40B	10.26B	8.27B	77.81B	20.45B
Purchase of investments	-63.62B	-240.74B	-32.78B	-14.28B	-33.79B	-7.05B	-5.21B	-5.36B	-6.74B	-18.07B	-16.55B	-101.57B	-11.65B	-89.05B	-19.19B	-178.00B	-34.49B	-97.82B	-48.89B	-169.82B
Other investing cash flow items, total	1.77B	465.10M	229.10M	12.27B	143.00M	68.20M	0	-324.60M	-1.62B	5.60B	-1.96B	-2.05B	-5.18B	-449.20M	-975.20M	116.75B	-2.08B	-779.40M	0	525.40M
Issuance/retirement of debt, net	5.25B	15.73B	61.30B	53.73B	47.28B	98.15B	136.52B	119.31B	112.85B	114.49B	105.16B	50.51B	127.68B	178.65B	138.18B	-87.32B	-84.13B	-44.97B	-41.02B	157.15B
Issuance/retirement of long term debt	5.25B	15.73B	61.30B	53.73B	47.48B	94.00B	104.51B	119.31B	112.85B	114.49B	105.16B	32.37B	99.39B	101.00B	89.02B	-25.81B	-111.52B	-48.54B	-12.31B	74.17B
Issuance/retirement of short term debt	0	—	0	—	—	—	—	0	0	—	—	—	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	5.32B	28.38B	200.00M	-200.20M	4.15B	32.01B	0	0	—	—	18.14B	28.29B	77.65B	49.15B	-61.51B	27.39B	3.57B	-28.71B	82.97B
Total cash dividends paid	-2.76B	-6.19B	-1.50B	-4.39B	-6.17B	-7.56B	-8.86B	-10.13B	-11.41B	-16.03B	-18.42B	-20.93B	-23.90B	-26.47B	-45.51B	-36.51B	-25.28B	-30.91B	-42.17B	-38.50B
Other financing cash flow items, total	373.80M	3.13B	1.77B	755.90M	-934.20M	-1.53B	-1.77B	8.03B	8.90B	18.71B	9.71B	20.59B	14.13B	3.09B	3.08B	667.30M	1.44B	879.30M	496.50M	502.40M

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	-2.34B	-3.00B	-2.62B	-11.66B	-6.92B	-14.42B	-21.77B	-20.95B	-40.55B	-43.46B	-29.87B	-24.19B	-27.49B	-19.16B	-29.18B	-120.55B	-94.88B	-97.21B	-98.13B	-102.77B
Pretax equity in earnings	0	0	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Equity in earnings	715.20M	950.80M	1.36B	509.00M	1.06B	870.70M	461.60M	384.30M	92.50M	21.40M	-9.90B	-3.95B	-4.36B	252.20M	1.12B	538.80M	1.55B	-620.50M	40.30M	-140.60M
Total assets	164.46B	248.16B	400.91B	554.86B	709.63B	947.34B	1.19T	1.45T	1.72T	1.97T	1.96T	2.14T	2.45T	2.80T	3.09T	3.16T	3.20T	3.30T	3.40T	3.80T
Total current assets	116.39B	167.13B	241.92B	255.42B	307.66B	525.75B	641.09B	778.05B	879.03B	973.72B	1.06T	1.20T	1.40T	1.67T	1.78T	1.95T	2.07T	2.21T	2.18T	2.45T
Cash and short term investments	8.16B	17.18B	61.32B	14.59B	33.22B	111.05B	105.80B	110.76B	112.16B	142.27B	128.84B	196.06B	174.97B	256.72B	278.18B	472.53B	487.53B	580.93B	503.16B	664.66B
Cash & equivalents	5.62B	12.05B	12.47B	11.55B	18.44B	25.50B	29.19B	19.19B	31.62B	54.67B	40.61B	37.48B	71.33B	108.81B	132.41B	156.25B	164.91B	205.82B	136.42B	179.19B
Short term investments	2.54B	5.13B	48.85B	3.04B	14.77B	85.55B	76.61B	91.57B	80.54B	87.60B	88.23B	158.58B	103.64B	147.92B	145.76B	316.28B	322.62B	375.11B	366.74B	485.47B
Total receivables, net	82.83B	112.92B	129.80B	214.76B	249.59B	380.13B	486.45B	590.26B	689.18B	741.81B	870.66B	955.05B	1.17T	1.34T	1.44T	1.42T	1.51T	1.54T	1.60T	1.70T
Accounts receivable - trade, net	54.48B	61.00B	82.34B	114.91B	125.28B	264.09B	352.54B	231.77B	263.85B	532.75B	607.26B	628.49B	758.81B	833.21B	925.81B	898.49B	995.47B	1.02T	1.11T	1.17T
Other receivables	28.35B	51.91B	47.45B	99.85B	124.31B	116.04B	133.91B	358.49B	425.34B	209.05B	263.40B	326.56B	415.87B	510.36B	518.77B	517.99B	518.42B	520.27B	491.41B	530.66B
Total inventory	24.77B	36.78B	50.19B	25.02B	23.78B	30.40B	42.30B	51.69B	55.27B	65.18B	48.54B	41.40B	48.48B	64.14B	57.47B	58.21B	59.43B	68.29B	66.20B	76.71B
Other current assets, total	627.90M	255.50M	619.10M	1.06B	1.07B	4.16B	6.53B	6.81B	1.93B	3.23B	10.66B	9.31B	3.05B	3.40B	3.00B	2.40B	12.88B	23.14B	6.84B	7.43B
Total non-current assets	48.06B	81.03B	158.99B	299.44B	401.97B	421.59B	548.86B	675.71B	840.34B	992.96B	898.48B	936.05B	1.05T	1.13T	1.30T	1.21T	1.13T	1.09T	1.23T	1.34T
Long term investments	16.76B	24.78B	71.42B	139.15B	208.63B	134.69B	197.17B	251.57B	368.23B	479.04B	597.44B	594.20B	673.80B	736.16B	739.38B	690.94B	649.41B	577.10B	690.52B	799.26B
Note receivable - long term	—	—	61.60B	71.10B	109.35B	119.65B	180.08B	238.34B	350.90B	459.05B	516.70B	501.29B	568.67B	619.10B	626.01B	563.20B	504.56B	439.47B	554.97B	664.66B
Investments in unconsolidated subsidiaries	3.31B	3.09B	5.37B	4.84B	5.06B	4.54B	4.70B	3.23B	1.67B	1.48B	12.58B	27.73B	24.82B	26.42B	28.51B	26.70B	25.21B	22.94B	12.64B	23.18B
Other investments	13.45B	21.70B	4.44B	63.22B	94.22B	10.50B	12.39B	9.99B	15.66B	18.51B	68.17B	65.18B	80.32B	90.64B	84.86B	101.04B	119.64B	114.70B	122.91B	111.41B
Net property/plant/equipment	29.05B	41.56B	62.91B	95.10B	120.70B	186.44B	222.37B	248.35B	250.30B	242.42B	142.11B	133.51B	128.60B	135.44B	158.27B	138.77B	138.84B	164.61B	185.65B	197.99B
Gross property/plant/equipment	46.52B	61.00B	81.62B	120.88B	150.73B	221.35B	267.54B	309.50B	327.63B	335.78B	156.96B	164.06B	174.69B	194.93B	232.40B	230.73B	235.06B	275.80B	311.52B	354.64B
Deferred tax assets	1.33B	1.67B	2.05B	4.10B	3.55B	206.90M	1.29B	1.94B	2.80B	7.24B	23.64B	33.41B	37.06B	45.98B	44.80B	71.86B	28.40B	39.85B	38.64B	37.93B
Net intangible assets	648.40M	12.84B	22.32B	61.08B	69.08B	96.94B	123.21B	168.62B	215.46B	260.20B	111.87B	131.84B	148.93B	174.86B	276.95B	273.77B	264.94B	259.23B	253.33B	255.97B
Goodwill, net	129.50M	1.65B	2.24B	3.59B	5.28B	10.82B	10.54B	21.20B	21.36B	22.15B	14.47B	13.99B	15.62B	18.27B	80.11B	80.67B	76.85B	77.99B	78.01B	83.48B
Other intangibles, net	230.50M	11.18B	20.08B	57.49B	63.80B	86.12B	112.67B	147.42B	194.10B	238.05B	97.40B	117.85B	133.31B	156.59B	196.83B	193.10B	188.09B	181.24B	175.32B	172.49B
Other long term assets, total	38.80M	2.70M	800.00K	800.00K	800.00K	3.15B	3.80B	4.31B	1.28B	3.09B	23.38B	42.98B	58.71B	34.98B	85.11B	32.68B	45.37B	50.58B	57.39B	52.25B
Short term debt	9.13B	22.55B	53.88B	36.18B	35.40B	79.57B	109.94B	145.86B	247.06B	252.93B	269.12B	266.13B	346.09B	514.34B	591.01B	508.91B	622.56B	577.86B	580.80B	726.40B
Current portion of LT debt and capital leases	36.70M	29.90M	18.10M	2.80M	900.00K	39.20B	52.16B	72.98B	110.27B	83.04B	120.15B	100.79B	152.77B	222.11B	240.80B	231.25B	317.80B	268.90B	302.46B	367.79B
Short term debt excl. current portion of LT debt	9.10B	22.52B	53.88B	36.18B	35.40B	40.37B	57.78B	72.88B	136.79B	169.89B	148.97B	165.34B	193.32B	292.24B	350.21B	277.66B	304.77B	308.96B	278.34B	358.61B
Accounts payable	45.54B	46.03B	70.14B	89.82B	141.99B	146.88B	167.17B	188.12B	208.71B	248.59B	270.04B	302.95B	377.97B	429.95B	436.44B	455.05B	513.66B	497.84B	532.93B	524.59B
Income tax payable	4.18B	7.24B	10.58B	3.05B	5.96B	1.91B	258.10M	22.80B	19.02B	26.43B	834.90M	2.40B	7.53B	11.37B	15.10B	11.71B	13.10B	13.93B	18.60B	25.79B
Long term debt	25.87B	41.80B	67.36B	147.80B	191.16B	248.41B	361.56B	473.92B	554.47B	652.78B	612.24B	674.94B	729.15B	741.21B	840.73B	837.38B	632.52B	628.64B	582.42B	597.69B
Long term debt excl. lease liabilities	25.85B	41.80B	67.36B	147.80B	191.15B	248.40B	361.55B	473.92B	554.44B	652.78B	612.24B	674.94B	729.15B	741.21B	840.73B	837.38B	632.52B	628.64B	582.42B	597.69B
Total equity	50.71B	75.67B	117.54B	150.46B	220.79B	260.77B	311.40B	355.69B	399.26B	449.41B	470.73B	536.27B	601.05B	692.01B	762.44B	879.20B	953.74B	1.04T	1.03T	1.15T
Shareholders' equity	49.64B	69.22B	108.31B	139.88B	209.91B	250.51B	293.87B	329.16B	367.47B	399.42B	441.80B	500.63B	549.03B	623.75B	667.23B	758.69B	824.08B	893.26B	863.59B	976.56B
Common equity, total	49.64B	69.22B	108.31B	139.88B	209.91B	250.51B	293.87B	329.16B	367.47B	399.42B	441.80B	500.63B	549.03B	623.75B	667.23B	758.69B	824.08B	893.26B	863.59B	976.56B
Other common equity	28.63B	47.99B	2.77B	96.71B	144.68B	13.17B	21.37B	15.51B	20.74B	27.25B	41.05B	42.23B	51.83B	57.53B	51.11B	58.56B	62.68B	57.55B	65.44B	72.68B
Total debt	35.01B	64.34B	121.23B	183.98B	226.56B	327.98B	471.50B	619.78B	801.53B	905.71B	881.35B	941.07B	1.08T	1.26T	1.43T	1.35T	1.26T	1.21T	1.16T	1.32T
Net debt	26.85B	47.16B	59.92B	169.39B	193.34B	216.93B	365.70B	509.02B	689.37B	763.45B	752.51B	745.01B	900.27B	998.83B	1.15T	873.76B	767.55B	625.57B	660.06B	659.43B
Change in accounts receivable	-20.26B	-26.98B	-67.94B	-65.01B	-75.50B	78.56B	-95.35B	-131.67B	-201.33B	-165.90B	-94.50B	-24.71B	-145.01B	-92.41B	-112.79B	27.84B	-98.52B	-44.95B	-106.43B	-92.52B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	16.12B	40.82B	39.86B	30.08B	41.54B	74.78B	42.52B	23.59B	51.43B	97.07B	93.08B	53.07B	117.27B	68.19B	31.34B	22.20B	96.78B	54.13B	146.01B	96.83B
Change in other assets/liabilities	168.00M	69.50M	-114.20M	282.60M	2.80M	-61.90B	-70.63B	0	0	—	-105.85B	-57.44B	-164.59B	-138.55B	69.20M	46.18B	50.05B	49.37B	-55.88B	-119.56B
Sale of fixed assets & businesses	1.26B	805.10M	3.41B	2.98B	1.40B	4.76B	16.83B	10.43B	3.23B	3.87B	6.09B	23.25B	19.61B	37.93B	3.48B	17.02B	10.86B	32.44B	11.72B	26.07B
Purchase/sale of investments, net	-7.03B	-1.74B	-31.99B	-11.64B	-10.73B	8.69B	5.62B	4.48B	7.79B	1.55B	-13.01B	-100.90B	23.00B	-82.52B	38.89B	-175.59B	-24.22B	-89.55B	28.91B	-149.37B
Sale/maturity of investments	56.59B	239.00B	794.40M	2.64B	23.06B	15.74B	10.83B	9.84B	14.53B	19.62B	3.55B	670.00M	34.65B	6.53B	58.07B	2.40B	10.26B	8.27B	77.81B	20.45B
Purchase of investments	-63.62B	-240.74B	-32.78B	-14.28B	-33.79B	-7.05B	-5.21B	-5.36B	-6.74B	-18.07B	-16.55B	-101.57B	-11.65B	-89.05B	-19.19B	-178.00B	-34.49B	-97.82B	-48.89B	-169.82B
Other investing cash flow items, total	1.77B	465.10M	229.10M	12.27B	143.00M	68.20M	0	-324.60M	-1.62B	5.60B	-1.96B	-2.05B	-5.18B	-449.20M	-975.20M	116.75B	-2.08B	-779.40M	0	525.40M
Issuance/retirement of debt, net	5.25B	15.73B	61.30B	53.73B	47.28B	98.15B	136.52B	119.31B	112.85B	114.49B	105.16B	50.51B	127.68B	178.65B	138.18B	-87.32B	-84.13B	-44.97B	-41.02B	157.15B
Issuance/retirement of long term debt	5.25B	15.73B	61.30B	53.73B	47.48B	94.00B	104.51B	119.31B	112.85B	114.49B	105.16B	32.37B	99.39B	101.00B	89.02B	-25.81B	-111.52B	-48.54B	-12.31B	74.17B
Issuance/retirement of short term debt	0	—	0	—	—	—	—	0	0	—	—	—	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	5.32B	28.38B	200.00M	-200.20M	4.15B	32.01B	0	0	—	—	18.14B	28.29B	77.65B	49.15B	-61.51B	27.39B	3.57B	-28.71B	82.97B
Total cash dividends paid	-2.76B	-6.19B	-1.50B	-4.39B	-6.17B	-7.56B	-8.86B	-10.13B	-11.41B	-16.03B	-18.42B	-20.93B	-23.90B	-26.47B	-45.51B	-36.51B	-25.28B	-30.91B	-42.17B	-38.50B
Other financing cash flow items, total	373.80M	3.13B	1.77B	755.90M	-934.20M	-1.53B	-1.77B	8.03B	8.90B	18.71B	9.71B	20.59B	14.13B	3.09B	3.08B	667.30M	1.44B	879.30M	496.50M	502.40M