United Spirits Ltd

NSE: UNITDSPR BSE: 532432

₹1419.30

+38.40 (2.78%)

Fri, 13 Nov 2026, 09:50 pm

MTF 5xInvest in United Spirits Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)100301.69

PE Ratio61.04

Dividend1.23

Consumer Non-Durables

Beverages: Alcoholic

24.5K

United Spirits 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	-1.30B	-1.14B	-5.57B	-6.79B	-6.19B	-5.57B	-8.76B	-9.85B	-13.23B	-6.87B	-4.57B	-3.75B	-2.77B	-2.37B	-2.12B	-1.88B	-880.00M	-1.04B	-760.00M	-890.00M
Pretax equity in earnings	—	—	—	—	—	—	—	0	0	0	0	0	0	—	—	—	0	—	—	—
Equity in earnings	-4.78M	-254.00K	-7.42M	-1.31M	-3.84M	-13.78M	-5.47M	0	0	0	0	0	0	-18.00M	-33.00M	-13.00M	0	-14.00M	-10.00M	-70.00M
Total assets	32.60B	37.49B	101.99B	118.42B	114.06B	130.63B	159.49B	165.03B	149.65B	79.49B	84.11B	89.91B	91.20B	92.92B	88.51B	85.37B	89.11B	97.61B	112.49B	132.48B
Total current assets	14.41B	18.93B	34.71B	40.37B	49.58B	62.02B	60.73B	59.33B	69.87B	48.63B	52.88B	56.25B	55.20B	52.64B	48.63B	47.86B	51.63B	62.35B	73.77B	92.02B
Cash and short term investments	3.61B	5.78B	5.44B	4.49B	7.69B	6.54B	3.82B	2.45B	8.30B	4.88B	1.38B	873.00M	2.56B	2.83B	735.00M	839.00M	2.82B	12.02B	18.67B	29.03B
Cash & equivalents	955.34M	610.10M	1.07B	2.65B	3.19B	5.11B	2.75B	1.75B	6.48B	3.57B	1.33B	869.00M	1.44B	2.18B	672.00M	786.00M	549.00M	1.15B	10.52B	13.28B
Short term investments	2.66B	5.17B	4.37B	1.84B	4.50B	1.44B	1.08B	701.58M	1.81B	1.31B	46.00M	4.00M	1.12B	647.00M	63.00M	53.00M	2.27B	10.87B	8.15B	15.75B
Total receivables, net	6.78B	9.38B	14.42B	18.42B	22.25B	17.37B	22.87B	26.42B	22.85B	18.47B	23.07B	30.39B	28.23B	27.25B	25.93B	24.04B	24.27B	25.11B	30.90B	36.73B
Accounts receivable - trade, net	3.22B	3.99B	8.37B	8.88B	13.40B	14.83B	19.73B	24.17B	22.65B	17.29B	23.03B	29.53B	27.11B	25.43B	22.84B	21.87B	23.74B	24.34B	30.56B	34.10B
Other receivables	3.56B	5.39B	6.05B	9.54B	8.85B	2.55B	3.14B	2.24B	198.60M	1.18B	36.00M	859.00M	1.12B	1.82B	3.09B	2.17B	533.00M	768.00M	340.00M	2.63B
Total inventory	2.95B	3.55B	14.85B	17.46B	17.46B	21.17B	27.55B	25.11B	30.72B	18.05B	20.02B	20.41B	20.55B	20.07B	19.86B	20.99B	22.02B	22.80B	21.39B	23.84B
Other current assets, total	719.48M	2.79M	4.62M	4.87M	4.87M	14.44B	414.82M	522.13M	2.96M	26.27M	3.69B	3.53B	2.71B	1.14B	815.00M	594.00M	1.39B	1.29B	1.36B	1.04B
Total non-current assets	18.18B	18.56B	67.28B	78.05B	64.48B	68.61B	98.76B	105.70B	79.78B	30.85B	31.23B	33.66B	36.00B	40.28B	39.88B	37.51B	37.48B	35.27B	38.72B	40.46B
Long term investments	2.48B	2.04B	2.12B	9.50B	1.27B	1.37B	4.26B	15.27B	1.70B	1.41B	1.02B	1.11B	900.00M	1.24B	1.17B	1.03B	792.00M	1.96B	6.53B	8.41B
Note receivable - long term	—	—	—	—	—	—	2.03B	12.73B	0	0	0	377.00M	157.00M	227.00M	184.00M	162.00M	0	594.00M	4.22B	3.97B
Investments in unconsolidated subsidiaries	3.92M	3.42M	4.70M	0	0	35.19M	0	0	0	0	0	0	0	252.00M	219.00M	0	0	101.00M	90.00M	500.00M
Other investments	2.48B	2.04B	2.11B	9.50B	1.27B	1.34B	2.23B	2.55B	1.70B	1.41B	1.02B	729.00M	743.00M	757.00M	770.00M	867.00M	792.00M	1.27B	2.22B	3.94B
Net property/plant/equipment	4.86B	5.19B	10.88B	11.41B	13.20B	15.67B	21.27B	21.62B	23.00B	15.59B	16.99B	16.84B	15.10B	15.50B	16.86B	15.90B	15.79B	12.23B	11.14B	13.87B
Gross property/plant/equipment	6.08B	6.95B	17.22B	17.91B	19.42B	22.78B	30.70B	32.34B	36.41B	24.55B	18.35B	19.79B	19.82B	22.26B	24.91B	25.12B	26.14B	22.57B	21.63B	24.76B
Deferred tax assets	—	—	—	917.98M	714.50M	1.78B	1.51B	1.77B	2.04B	1.48B	2.72B	2.73B	3.66B	4.73B	1.59B	1.71B	1.48B	1.57B	1.77B	1.55B
Net intangible assets	10.84B	11.32B	53.55B	49.89B	47.44B	49.34B	58.62B	58.39B	35.10B	4.76B	5.10B	4.61B	4.20B	4.39B	4.22B	4.05B	3.87B	3.74B	3.50B	3.30B
Goodwill, net	10.84B	11.32B	53.26B	44.74B	42.44B	44.32B	51.67B	52.05B	29.02B	620.28M	1.12B	680.00M	361.00M	493.00M	210.00M	210.00M	210.00M	13.00M	10.00M	10.00M
Other intangibles, net	0	0	285.89M	5.15B	4.99B	5.02B	6.94B	6.34B	6.08B	4.14B	3.98B	3.93B	3.84B	3.90B	4.01B	3.84B	3.66B	3.73B	3.49B	3.29B
Other long term assets, total	0	0	0	5.60B	1.41B	0	9.35B	5.13B	15.32B	5.27B	3.29B	6.01B	9.97B	12.51B	14.41B	12.70B	15.21B	15.43B	15.78B	13.33B
Short term debt	4.19B	4.29B	7.59B	16.62B	15.32B	22.50B	30.49B	35.68B	73.10B	38.70B	35.12B	32.74B	26.58B	21.03B	24.35B	9.42B	4.70B	1.03B	1.28B	1.46B
Current portion of LT debt and capital leases	798.26M	1.05B	2.00B	6.46B	4.20B	8.56B	9.21B	11.57B	2.71B	2.16B	5.15B	3.67B	3.57B	134.00M	8.29B	676.00M	1.31B	1.03B	1.28B	1.46B
Short term debt excl. current portion of LT debt	3.39B	3.24B	5.59B	10.16B	11.12B	13.94B	21.27B	24.11B	70.39B	36.54B	29.97B	29.07B	23.01B	20.89B	16.06B	8.74B	3.39B	0	0	0
Accounts payable	5.15B	5.08B	9.27B	10.92B	11.42B	14.68B	19.95B	22.21B	18.45B	8.00B	10.19B	12.25B	14.25B	14.08B	11.99B	14.17B	15.82B	17.82B	19.54B	22.39B
Income tax payable	—	388.55M	7.59M	36.68M	56.66M	55.82M	1.96B	2.44B	3.27B	3.17B	5.32B	5.88B	4.58B	4.21B	2.98B	3.23B	2.77B	2.83B	3.32B	3.80B
Long term debt	11.22B	10.44B	58.42B	56.95B	39.72B	41.27B	53.96B	46.78B	9.97B	11.17B	7.30B	8.70B	7.63B	7.80B	1.35B	947.00M	1.35B	803.00M	1.37B	3.34B
Long term debt excl. lease liabilities	11.21B	10.42B	58.40B	56.93B	39.71B	41.27B	53.94B	46.76B	9.96B	11.06B	7.21B	8.56B	7.56B	7.57B	1.35B	947.00M	1.35B	803.00M	1.37B	3.34B
Total equity	9.70B	15.40B	22.76B	23.92B	37.81B	41.95B	46.70B	47.89B	30.28B	6.56B	16.36B	17.78B	24.28B	30.82B	36.82B	40.54B	48.70B	59.95B	71.16B	80.99B
Shareholders' equity	8.42B	13.69B	20.77B	23.85B	37.73B	41.78B	46.56B	47.78B	30.27B	6.55B	16.30B	17.81B	24.14B	30.86B	37.23B	41.15B	49.49B	59.95B	71.16B	80.99B
Common equity, total	8.42B	13.69B	20.77B	23.85B	37.73B	41.78B	46.56B	47.78B	30.27B	6.55B	16.30B	17.81B	24.14B	30.86B	37.23B	41.15B	49.49B	59.95B	71.16B	80.99B
Other common equity	2.31B	7.40B	9.99B	12.96B	11.34B	15.34B	20.12B	21.34B	21.88B	15.67B	17.18B	17.12B	16.90B	16.97B	17.02B	17.06B	16.98B	16.98B	16.98B	17.00B
Total debt	15.41B	14.73B	66.01B	73.56B	55.04B	63.77B	84.45B	82.46B	83.07B	49.87B	42.42B	41.44B	34.21B	28.83B	25.70B	10.37B	6.05B	1.83B	2.65B	4.80B
Net debt	—	8.96B	60.57B	69.07B	47.35B	57.23B	80.62B	80.01B	74.78B	44.99B	41.05B	40.56B	31.65B	26.00B	24.97B	9.53B	3.23B	-10.18B	-16.02B	-24.23B
Change in accounts receivable	-1.31B	-1.59B	-2.60B	-3.99B	-5.71B	-8.46B	-4.54B	-9.31B	-9.84B	-3.48B	-7.10B	-6.56B	1.06B	733.00M	2.71B	652.00M	-2.05B	-2.76B	-10.45B	-3.21B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	402.00M	-151.74M	-3.21B	1.85B	1.09B	2.39B	5.59B	3.90B	-70.24M	350.15M	1.09B	2.17B	2.51B	-602.00M	-2.01B	2.09B	1.23B	2.03B	1.32B	2.50B
Change in other assets/liabilities	0	0	0	—	0	0	0	0	0	0	2.08B	5.39B	-3.99B	2.18B	-2.47B	6.54B	-181.00M	-2.30B	1.05B	1.04B
Sale of fixed assets & businesses	381.70M	154.56M	168.91M	199.92M	131.99M	308.85M	143.39M	736.54M	37.39M	40.35B	1.82B	528.00M	1.76B	1.28B	118.00M	654.00M	384.00M	8.77B	190.00M	10.00M
Purchase/sale of investments, net	-607.01M	-39.47M	-67.76M	1.89B	-6.95M	-135.52M	-396.63M	304.82M	86.59M	154.09M	8.69B	111.00M	1.09B	-270.00M	0	-20.00M	-2.13B	-8.09B	2.57B	-9.96B
Sale/maturity of investments	725.49M	1.45B	1.25B	1.95B	0	600.00K	15.17M	1.35B	86.59M	154.30M	8.69B	111.00M	1.09B	0	—	0	86.00M	87.52B	17.31B	16.29B
Purchase of investments	-1.33B	-1.49B	-1.32B	-59.68M	-6.95M	-136.12M	-411.80M	-1.04B	0	-209.00K	0	0	0	-270.00M	0	-20.00M	-2.22B	-95.61B	-14.74B	-26.25B
Other investing cash flow items, total	-295.11M	-7.79M	-15.16M	-17.26M	-10.05M	-8.26M	-3.94B	471.16M	-6.05M	-29.31M	-182.00M	-1.00M	0	0	0	0	-100.00M	-48.00M	60.00M	70.00M
Issuance/retirement of debt, net	4.46B	-736.68M	39.97B	2.94B	-18.39B	8.61B	9.02B	-102.62M	-3.16B	-32.81B	-6.94B	-997.00M	-7.12B	-5.76B	-4.94B	-14.81B	-5.36B	-3.41B	250.00M	-250.00M
Issuance/retirement of long term debt	5.22B	-507.59M	39.33B	-2.29B	-19.32B	5.94B	1.09B	-2.94B	-49.55B	609.58M	-490.00M	-12.00M	0	0	0	-7.50B	0	-14.00M	0	0
Issuance/retirement of short term debt	-762.00M	-229.09M	639.91M	5.23B	926.24M	2.67B	7.92B	2.83B	46.39B	-33.42B	-6.45B	-803.00M	5.95B	2.32B	-4.91B	-7.32B	-5.36B	-3.39B	250.00M	-250.00M
Issuance/retirement of other debt	—	0	0	0	0	0	0	0	0	0	0	-985.00M	-13.07B	-8.09B	-38.00M	—	—	—	—	—
Total cash dividends paid	-177.75M	-222.93M	-175.51M	-142.91M	-227.94M	-304.42M	-330.98M	-331.70M	-363.34M	-8.81M	-3.00M	0	0	0	0	0	0	0	-2.84B	-3.55B
Other financing cash flow items, total	-575.80M	0	0	145.17M	-36.68M	-52.15M	-54.31M	-62.78M	-57.43M	0	0	0	-18.00M	-27.00M	0	-26.00M	-20.00M	0	-10.00M	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	-1.30B	-1.14B	-5.57B	-6.79B	-6.19B	-5.57B	-8.76B	-9.85B	-13.23B	-6.87B	-4.57B	-3.75B	-2.77B	-2.37B	-2.12B	-1.88B	-880.00M	-1.04B	-760.00M	-890.00M
Pretax equity in earnings	—	—	—	—	—	—	—	0	0	0	0	0	0	—	—	—	0	—	—	—
Equity in earnings	-4.78M	-254.00K	-7.42M	-1.31M	-3.84M	-13.78M	-5.47M	0	0	0	0	0	0	-18.00M	-33.00M	-13.00M	0	-14.00M	-10.00M	-70.00M
Total assets	32.60B	37.49B	101.99B	118.42B	114.06B	130.63B	159.49B	165.03B	149.65B	79.49B	84.11B	89.91B	91.20B	92.92B	88.51B	85.37B	89.11B	97.61B	112.49B	132.48B
Total current assets	14.41B	18.93B	34.71B	40.37B	49.58B	62.02B	60.73B	59.33B	69.87B	48.63B	52.88B	56.25B	55.20B	52.64B	48.63B	47.86B	51.63B	62.35B	73.77B	92.02B
Cash and short term investments	3.61B	5.78B	5.44B	4.49B	7.69B	6.54B	3.82B	2.45B	8.30B	4.88B	1.38B	873.00M	2.56B	2.83B	735.00M	839.00M	2.82B	12.02B	18.67B	29.03B
Cash & equivalents	955.34M	610.10M	1.07B	2.65B	3.19B	5.11B	2.75B	1.75B	6.48B	3.57B	1.33B	869.00M	1.44B	2.18B	672.00M	786.00M	549.00M	1.15B	10.52B	13.28B
Short term investments	2.66B	5.17B	4.37B	1.84B	4.50B	1.44B	1.08B	701.58M	1.81B	1.31B	46.00M	4.00M	1.12B	647.00M	63.00M	53.00M	2.27B	10.87B	8.15B	15.75B
Total receivables, net	6.78B	9.38B	14.42B	18.42B	22.25B	17.37B	22.87B	26.42B	22.85B	18.47B	23.07B	30.39B	28.23B	27.25B	25.93B	24.04B	24.27B	25.11B	30.90B	36.73B
Accounts receivable - trade, net	3.22B	3.99B	8.37B	8.88B	13.40B	14.83B	19.73B	24.17B	22.65B	17.29B	23.03B	29.53B	27.11B	25.43B	22.84B	21.87B	23.74B	24.34B	30.56B	34.10B
Other receivables	3.56B	5.39B	6.05B	9.54B	8.85B	2.55B	3.14B	2.24B	198.60M	1.18B	36.00M	859.00M	1.12B	1.82B	3.09B	2.17B	533.00M	768.00M	340.00M	2.63B
Total inventory	2.95B	3.55B	14.85B	17.46B	17.46B	21.17B	27.55B	25.11B	30.72B	18.05B	20.02B	20.41B	20.55B	20.07B	19.86B	20.99B	22.02B	22.80B	21.39B	23.84B
Other current assets, total	719.48M	2.79M	4.62M	4.87M	4.87M	14.44B	414.82M	522.13M	2.96M	26.27M	3.69B	3.53B	2.71B	1.14B	815.00M	594.00M	1.39B	1.29B	1.36B	1.04B
Total non-current assets	18.18B	18.56B	67.28B	78.05B	64.48B	68.61B	98.76B	105.70B	79.78B	30.85B	31.23B	33.66B	36.00B	40.28B	39.88B	37.51B	37.48B	35.27B	38.72B	40.46B
Long term investments	2.48B	2.04B	2.12B	9.50B	1.27B	1.37B	4.26B	15.27B	1.70B	1.41B	1.02B	1.11B	900.00M	1.24B	1.17B	1.03B	792.00M	1.96B	6.53B	8.41B
Note receivable - long term	—	—	—	—	—	—	2.03B	12.73B	0	0	0	377.00M	157.00M	227.00M	184.00M	162.00M	0	594.00M	4.22B	3.97B
Investments in unconsolidated subsidiaries	3.92M	3.42M	4.70M	0	0	35.19M	0	0	0	0	0	0	0	252.00M	219.00M	0	0	101.00M	90.00M	500.00M
Other investments	2.48B	2.04B	2.11B	9.50B	1.27B	1.34B	2.23B	2.55B	1.70B	1.41B	1.02B	729.00M	743.00M	757.00M	770.00M	867.00M	792.00M	1.27B	2.22B	3.94B
Net property/plant/equipment	4.86B	5.19B	10.88B	11.41B	13.20B	15.67B	21.27B	21.62B	23.00B	15.59B	16.99B	16.84B	15.10B	15.50B	16.86B	15.90B	15.79B	12.23B	11.14B	13.87B
Gross property/plant/equipment	6.08B	6.95B	17.22B	17.91B	19.42B	22.78B	30.70B	32.34B	36.41B	24.55B	18.35B	19.79B	19.82B	22.26B	24.91B	25.12B	26.14B	22.57B	21.63B	24.76B
Deferred tax assets	—	—	—	917.98M	714.50M	1.78B	1.51B	1.77B	2.04B	1.48B	2.72B	2.73B	3.66B	4.73B	1.59B	1.71B	1.48B	1.57B	1.77B	1.55B
Net intangible assets	10.84B	11.32B	53.55B	49.89B	47.44B	49.34B	58.62B	58.39B	35.10B	4.76B	5.10B	4.61B	4.20B	4.39B	4.22B	4.05B	3.87B	3.74B	3.50B	3.30B
Goodwill, net	10.84B	11.32B	53.26B	44.74B	42.44B	44.32B	51.67B	52.05B	29.02B	620.28M	1.12B	680.00M	361.00M	493.00M	210.00M	210.00M	210.00M	13.00M	10.00M	10.00M
Other intangibles, net	0	0	285.89M	5.15B	4.99B	5.02B	6.94B	6.34B	6.08B	4.14B	3.98B	3.93B	3.84B	3.90B	4.01B	3.84B	3.66B	3.73B	3.49B	3.29B
Other long term assets, total	0	0	0	5.60B	1.41B	0	9.35B	5.13B	15.32B	5.27B	3.29B	6.01B	9.97B	12.51B	14.41B	12.70B	15.21B	15.43B	15.78B	13.33B
Short term debt	4.19B	4.29B	7.59B	16.62B	15.32B	22.50B	30.49B	35.68B	73.10B	38.70B	35.12B	32.74B	26.58B	21.03B	24.35B	9.42B	4.70B	1.03B	1.28B	1.46B
Current portion of LT debt and capital leases	798.26M	1.05B	2.00B	6.46B	4.20B	8.56B	9.21B	11.57B	2.71B	2.16B	5.15B	3.67B	3.57B	134.00M	8.29B	676.00M	1.31B	1.03B	1.28B	1.46B
Short term debt excl. current portion of LT debt	3.39B	3.24B	5.59B	10.16B	11.12B	13.94B	21.27B	24.11B	70.39B	36.54B	29.97B	29.07B	23.01B	20.89B	16.06B	8.74B	3.39B	0	0	0
Accounts payable	5.15B	5.08B	9.27B	10.92B	11.42B	14.68B	19.95B	22.21B	18.45B	8.00B	10.19B	12.25B	14.25B	14.08B	11.99B	14.17B	15.82B	17.82B	19.54B	22.39B
Income tax payable	—	388.55M	7.59M	36.68M	56.66M	55.82M	1.96B	2.44B	3.27B	3.17B	5.32B	5.88B	4.58B	4.21B	2.98B	3.23B	2.77B	2.83B	3.32B	3.80B
Long term debt	11.22B	10.44B	58.42B	56.95B	39.72B	41.27B	53.96B	46.78B	9.97B	11.17B	7.30B	8.70B	7.63B	7.80B	1.35B	947.00M	1.35B	803.00M	1.37B	3.34B
Long term debt excl. lease liabilities	11.21B	10.42B	58.40B	56.93B	39.71B	41.27B	53.94B	46.76B	9.96B	11.06B	7.21B	8.56B	7.56B	7.57B	1.35B	947.00M	1.35B	803.00M	1.37B	3.34B
Total equity	9.70B	15.40B	22.76B	23.92B	37.81B	41.95B	46.70B	47.89B	30.28B	6.56B	16.36B	17.78B	24.28B	30.82B	36.82B	40.54B	48.70B	59.95B	71.16B	80.99B
Shareholders' equity	8.42B	13.69B	20.77B	23.85B	37.73B	41.78B	46.56B	47.78B	30.27B	6.55B	16.30B	17.81B	24.14B	30.86B	37.23B	41.15B	49.49B	59.95B	71.16B	80.99B
Common equity, total	8.42B	13.69B	20.77B	23.85B	37.73B	41.78B	46.56B	47.78B	30.27B	6.55B	16.30B	17.81B	24.14B	30.86B	37.23B	41.15B	49.49B	59.95B	71.16B	80.99B
Other common equity	2.31B	7.40B	9.99B	12.96B	11.34B	15.34B	20.12B	21.34B	21.88B	15.67B	17.18B	17.12B	16.90B	16.97B	17.02B	17.06B	16.98B	16.98B	16.98B	17.00B
Total debt	15.41B	14.73B	66.01B	73.56B	55.04B	63.77B	84.45B	82.46B	83.07B	49.87B	42.42B	41.44B	34.21B	28.83B	25.70B	10.37B	6.05B	1.83B	2.65B	4.80B
Net debt	—	8.96B	60.57B	69.07B	47.35B	57.23B	80.62B	80.01B	74.78B	44.99B	41.05B	40.56B	31.65B	26.00B	24.97B	9.53B	3.23B	-10.18B	-16.02B	-24.23B
Change in accounts receivable	-1.31B	-1.59B	-2.60B	-3.99B	-5.71B	-8.46B	-4.54B	-9.31B	-9.84B	-3.48B	-7.10B	-6.56B	1.06B	733.00M	2.71B	652.00M	-2.05B	-2.76B	-10.45B	-3.21B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	402.00M	-151.74M	-3.21B	1.85B	1.09B	2.39B	5.59B	3.90B	-70.24M	350.15M	1.09B	2.17B	2.51B	-602.00M	-2.01B	2.09B	1.23B	2.03B	1.32B	2.50B
Change in other assets/liabilities	0	0	0	—	0	0	0	0	0	0	2.08B	5.39B	-3.99B	2.18B	-2.47B	6.54B	-181.00M	-2.30B	1.05B	1.04B
Sale of fixed assets & businesses	381.70M	154.56M	168.91M	199.92M	131.99M	308.85M	143.39M	736.54M	37.39M	40.35B	1.82B	528.00M	1.76B	1.28B	118.00M	654.00M	384.00M	8.77B	190.00M	10.00M
Purchase/sale of investments, net	-607.01M	-39.47M	-67.76M	1.89B	-6.95M	-135.52M	-396.63M	304.82M	86.59M	154.09M	8.69B	111.00M	1.09B	-270.00M	0	-20.00M	-2.13B	-8.09B	2.57B	-9.96B
Sale/maturity of investments	725.49M	1.45B	1.25B	1.95B	0	600.00K	15.17M	1.35B	86.59M	154.30M	8.69B	111.00M	1.09B	0	—	0	86.00M	87.52B	17.31B	16.29B
Purchase of investments	-1.33B	-1.49B	-1.32B	-59.68M	-6.95M	-136.12M	-411.80M	-1.04B	0	-209.00K	0	0	0	-270.00M	0	-20.00M	-2.22B	-95.61B	-14.74B	-26.25B
Other investing cash flow items, total	-295.11M	-7.79M	-15.16M	-17.26M	-10.05M	-8.26M	-3.94B	471.16M	-6.05M	-29.31M	-182.00M	-1.00M	0	0	0	0	-100.00M	-48.00M	60.00M	70.00M
Issuance/retirement of debt, net	4.46B	-736.68M	39.97B	2.94B	-18.39B	8.61B	9.02B	-102.62M	-3.16B	-32.81B	-6.94B	-997.00M	-7.12B	-5.76B	-4.94B	-14.81B	-5.36B	-3.41B	250.00M	-250.00M
Issuance/retirement of long term debt	5.22B	-507.59M	39.33B	-2.29B	-19.32B	5.94B	1.09B	-2.94B	-49.55B	609.58M	-490.00M	-12.00M	0	0	0	-7.50B	0	-14.00M	0	0
Issuance/retirement of short term debt	-762.00M	-229.09M	639.91M	5.23B	926.24M	2.67B	7.92B	2.83B	46.39B	-33.42B	-6.45B	-803.00M	5.95B	2.32B	-4.91B	-7.32B	-5.36B	-3.39B	250.00M	-250.00M
Issuance/retirement of other debt	—	0	0	0	0	0	0	0	0	0	0	-985.00M	-13.07B	-8.09B	-38.00M	—	—	—	—	—
Total cash dividends paid	-177.75M	-222.93M	-175.51M	-142.91M	-227.94M	-304.42M	-330.98M	-331.70M	-363.34M	-8.81M	-3.00M	0	0	0	0	0	0	0	-2.84B	-3.55B
Other financing cash flow items, total	-575.80M	0	0	145.17M	-36.68M	-52.15M	-54.31M	-62.78M	-57.43M	0	0	0	-18.00M	-27.00M	0	-26.00M	-20.00M	0	-10.00M	0