Usha Martin Ltd

NSE: USHAMART BSE: 517146

₹482.90

-4.10 (0.84%)

Thu, 22 Oct 2026, 10:51 pm

MTF 5xInvest in Usha Martin Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)14859.21

PE Ratio29.04

Dividend0.77

Producer Manufacturing

Metal Fabrication

24.5K

Usha Martin 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	-945.03M	-993.34M	-1.20B	-1.96B	-1.92B	-1.88B	-3.05B	-4.05B	-4.82B	-5.23B	-5.47B	-5.63B	-924.80M	-1.14B	-741.80M	-569.00M	-424.60M	-344.80M	-346.80M	-361.30M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—
Equity in earnings	0	0	0	0	0	0	0	0	0	0	-19.40M	19.60M	8.40M	28.40M	4.30M	45.90M	84.00M	117.40M	124.50M	178.10M
Total assets	21.79B	25.10B	33.53B	41.53B	47.68B	55.76B	71.62B	81.48B	91.06B	89.40B	86.41B	84.89B	74.54B	70.11B	26.02B	26.45B	27.84B	31.28B	33.75B	37.79B
Total current assets	9.57B	11.18B	16.01B	14.98B	15.53B	20.95B	28.53B	28.07B	26.67B	28.22B	22.98B	23.77B	22.51B	12.12B	12.97B	13.79B	15.77B	17.49B	17.81B	19.76B
Cash and short term investments	685.32M	499.11M	729.90M	1.10B	476.15M	1.61B	3.73B	2.07B	2.04B	746.70M	559.30M	509.50M	621.60M	731.90M	1.12B	1.19B	1.65B	1.62B	1.68B	2.75B
Cash & equivalents	676.57M	490.35M	721.15M	1.09B	476.15M	1.48B	1.95B	563.40M	1.73B	733.00M	554.80M	509.50M	498.90M	455.60M	973.50M	994.60M	1.54B	1.50B	1.50B	2.61B
Short term investments	8.75M	8.75M	8.75M	8.75M	0	130.71M	1.79B	1.50B	316.40M	13.70M	4.50M	0	122.70M	276.30M	150.70M	194.10M	103.00M	118.30M	175.20M	134.20M
Total receivables, net	3.96B	4.62B	6.53B	6.50B	5.40B	6.59B	4.74B	6.33B	5.63B	5.13B	6.37B	7.18B	6.99B	3.57B	4.81B	5.14B	5.21B	5.88B	6.30B	6.32B
Accounts receivable - trade, net	2.64B	2.78B	3.23B	4.26B	3.10B	4.44B	4.28B	5.80B	5.27B	4.86B	6.15B	6.83B	6.71B	3.25B	2.98B	3.28B	4.14B	5.00B	5.39B	5.28B
Other receivables	1.32B	1.83B	3.30B	2.23B	2.31B	2.15B	460.70M	531.90M	356.90M	267.50M	211.20M	352.10M	272.30M	314.40M	1.83B	1.86B	1.07B	881.60M	907.50M	1.04B
Total inventory	4.44B	5.40B	7.82B	6.51B	8.88B	11.94B	15.33B	16.62B	15.83B	17.53B	13.40B	13.52B	12.77B	6.56B	6.47B	7.02B	8.44B	9.40B	9.34B	10.17B
Other current assets, total	447.23M	620.22M	926.44M	875.97M	772.34M	809.72M	753.70M	1.01B	945.10M	2.55B	2.40B	2.37B	1.96B	1.21B	513.80M	391.70M	375.50M	491.40M	368.80M	417.00M
Total non-current assets	12.21B	13.93B	17.53B	26.55B	32.15B	34.81B	43.09B	53.41B	64.39B	61.17B	63.44B	61.12B	52.03B	58.00B	13.05B	12.66B	12.07B	13.79B	15.94B	18.03B
Long term investments	3.79M	3.79M	3.79M	3.79M	3.79M	3.79M	740.80M	617.60M	771.00M	241.20M	527.80M	523.30M	641.90M	691.90M	883.10M	844.60M	839.20M	930.60M	764.50M	928.70M
Note receivable - long term	—	—	—	—	—	—	534.40M	544.40M	547.90M	18.80M	66.20M	79.30M	93.90M	91.60M	163.50M	107.80M	100.60M	98.60M	97.80M	91.90M
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	366.90M	385.00M	421.60M	436.00M	484.20M	563.50M	656.80M	558.00M	678.10M
Other investments	3.79M	3.79M	3.79M	3.79M	3.79M	3.79M	206.40M	73.20M	223.10M	222.40M	461.60M	77.10M	163.00M	178.70M	283.60M	252.60M	175.10M	175.20M	108.70M	158.70M
Net property/plant/equipment	11.38B	13.22B	16.84B	25.66B	31.21B	33.84B	39.30B	48.77B	58.14B	55.39B	53.85B	51.03B	49.02B	8.74B	9.17B	9.11B	8.92B	10.66B	12.85B	14.82B
Gross property/plant/equipment	18.67B	21.50B	25.86B	35.81B	42.31B	47.00B	55.13B	67.28B	78.94B	80.33B	56.91B	56.98B	57.93B	11.15B	12.08B	12.64B	12.95B	15.30B	18.03B	20.92B
Deferred tax assets	220.92M	115.60M	96.15M	308.12M	371.25M	414.30M	940.00M	1.43B	2.94B	4.72B	6.79B	7.57B	89.60M	2.50B	931.20M	689.00M	535.30M	533.50M	614.50M	475.90M
Net intangible assets	568.64M	555.68M	574.24M	571.21M	565.38M	557.01M	589.60M	584.50M	592.40M	694.20M	944.60M	988.10M	831.90M	669.50M	643.00M	614.90M	581.90M	575.80M	624.50M	639.60M
Goodwill, net	553.13M	553.13M	569.08M	564.37M	559.96M	553.13M	553.10M	553.10M	553.10M	553.10M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M
Other intangibles, net	15.51M	2.54M	5.16M	6.84M	5.42M	3.88M	36.50M	31.40M	39.30M	141.10M	392.40M	435.90M	279.70M	117.30M	90.80M	62.70M	29.70M	23.60M	72.30M	87.40M
Other long term assets, total	0	0	0	0	0	—	1.50B	1.97B	1.95B	118.80M	563.80M	926.70M	1.27B	45.39B	1.41B	1.40B	1.19B	1.09B	1.08B	1.16B
Short term debt	1.17B	1.97B	3.10B	3.67B	645.24M	1.89B	5.38B	8.67B	10.90B	12.80B	14.74B	15.19B	13.20B	12.59B	2.78B	2.53B	1.83B	1.63B	1.06B	2.03B
Current portion of LT debt and capital leases	121.71M	42.31M	11.41M	0	0	0	2.44B	3.63B	2.37B	3.48B	4.37B	5.66B	3.50B	4.05B	450.60M	679.00M	67.60M	479.80M	175.60M	782.00M
Short term debt excl. current portion of LT debt	1.04B	1.93B	3.09B	3.67B	645.24M	1.89B	2.94B	5.03B	8.53B	9.32B	10.38B	9.53B	9.70B	8.54B	2.33B	1.86B	1.76B	1.15B	886.30M	1.25B
Accounts payable	4.89B	5.48B	10.04B	10.88B	17.30B	16.34B	14.63B	16.79B	20.14B	17.75B	15.48B	18.20B	19.64B	3.25B	3.63B	3.62B	2.95B	2.99B	2.48B	2.66B
Income tax payable	102.45M	62.93M	103.11M	166.02M	75.95M	152.73M	3.75B	1.69B	1.70B	1.67B	65.40M	33.30M	40.20M	25.90M	24.00M	24.90M	297.80M	437.80M	471.10M	427.60M
Long term debt	7.49B	7.65B	8.26B	13.04B	9.31B	15.64B	20.09B	23.26B	26.42B	27.13B	29.97B	28.45B	27.53B	23.06B	3.42B	2.76B	2.29B	2.53B	2.58B	2.13B
Long term debt excl. lease liabilities	7.48B	7.65B	8.26B	13.04B	9.31B	15.64B	20.09B	23.26B	26.41B	27.11B	29.96B	28.44B	27.52B	23.06B	3.42B	2.76B	2.29B	2.53B	2.58B	2.13B
Total equity	6.21B	7.88B	9.81B	11.53B	17.04B	18.02B	18.51B	19.58B	19.96B	17.23B	13.84B	9.75B	7.54B	8.14B	12.59B	13.96B	16.90B	20.28B	23.76B	27.44B
Shareholders' equity	6.10B	7.77B	9.69B	11.36B	16.88B	17.84B	18.30B	19.35B	19.66B	16.92B	13.50B	9.41B	7.20B	7.82B	12.21B	13.92B	16.86B	20.23B	23.72B	27.44B
Common equity, total	6.10B	7.77B	9.69B	11.36B	16.88B	17.84B	18.30B	19.35B	19.66B	16.92B	13.50B	9.41B	7.20B	7.82B	12.21B	13.92B	16.86B	20.23B	23.72B	27.44B
Other common equity	1.64B	2.83B	4.90B	6.45B	7.67B	6.34B	6.76B	7.16B	7.44B	6.72B	8.45B	6.50B	7.03B	7.18B	7.48B	7.70B	6.81B	7.28B	7.35B	7.91B
Total debt	8.65B	9.62B	11.37B	16.71B	9.96B	17.52B	25.48B	31.93B	37.32B	39.93B	44.72B	43.64B	40.73B	35.65B	6.20B	5.30B	4.11B	4.17B	3.64B	4.17B
Net debt	7.97B	9.12B	10.64B	15.62B	9.48B	15.91B	21.75B	29.86B	35.28B	39.18B	44.16B	43.13B	40.10B	34.92B	5.08B	4.11B	2.47B	2.55B	1.96B	1.42B
Change in accounts receivable	-127.54M	-31.98M	-904.34M	-845.09M	752.96M	-781.88M	-160.70M	-1.50B	501.50M	396.20M	368.50M	-751.50M	-72.10M	994.50M	174.80M	-459.30M	-901.90M	-885.70M	-365.50M	113.10M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	17.95M	381.92M	2.41B	2.37B	5.49B	2.24B	3.88B	862.50M	1.04B	1.49B	136.80M	3.17B	1.23B	-793.00M	188.40M	173.10M	-595.50M	81.30M	-526.20M	214.30M
Change in other assets/liabilities	0	—	—	0	0	0	0	-317.40M	718.00M	782.20M	411.30M	97.40M	1.22B	-140.70M	-529.60M	175.60M	144.80M	-345.60M	100.40M	-210.00M
Sale of fixed assets & businesses	117.82M	168.30M	58.70M	42.82M	41.42M	7.35M	69.40M	30.80M	116.00M	54.50M	24.00M	842.50M	465.30M	828.20M	29.68B	9.00M	575.10M	202.50M	21.20M	148.00M
Purchase/sale of investments, net	128.89M	0	0	0	8.75M	0	-1.59B	378.20M	990.50M	221.60M	-6.60M	87.90M	-133.40M	-152.30M	91.80M	-18.70M	135.50M	-12.80M	-199.10M	-9.00M
Sale/maturity of investments	128.89M	0	0	0	8.75M	0	0	1.59B	1.21B	226.40M	0	87.90M	0	0	106.80M	0	135.50M	4.00M	30.30M	41.00M
Purchase of investments	0	0	0	0	0	0	-1.59B	-1.21B	-220.30M	-4.80M	-6.60M	0	-133.40M	-152.30M	-15.00M	-18.70M	0	-16.80M	-229.40M	-50.00M
Other investing cash flow items, total	-7.40M	-72.84M	80.80M	33.80M	0	-7.30M	3.70M	0	98.60M	67.20M	1.00M	0	0	0	0	0	311.80M	0	0	0
Issuance/retirement of debt, net	-1.84B	904.50M	2.04B	4.57B	-6.33B	7.58B	6.51B	5.82B	4.58B	2.28B	394.20M	-1.01B	-2.93B	-3.94B	-29.83B	-939.10M	-1.22B	-119.10M	-615.50M	397.90M
Issuance/retirement of long term debt	-1.84B	904.50M	2.04B	4.57B	-6.33B	7.58B	6.51B	3.73B	1.09B	1.49B	3.46B	-162.30M	-3.10B	-3.94B	-23.69B	-462.20M	-1.13B	479.90M	-302.20M	33.90M
Issuance/retirement of short term debt	0	0	—	0	0	—	—	2.09B	3.49B	793.60M	-3.07B	-848.00M	1.46B	-2.20M	-6.14B	-476.90M	-95.90M	-599.00M	-313.30M	364.00M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	-1.29B	1.12B	—	—	—	—	—	—
Total cash dividends paid	-63.51M	-138.56M	-187.51M	-249.73M	-293.73M	-303.81M	-303.50M	-500.00K	0	-2.70M	0	0	-11.30M	-1.30M	0	0	0	-609.50M	-761.90M	-838.00M
Other financing cash flow items, total	136.26M	499.16M	294.50M	-54.27M	-16.74M	-65.21M	-62.80M	-21.50M	-66.40M	-26.20M	0	-11.00M	0	-29.10M	0	-300.00K	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	-945.03M	-993.34M	-1.20B	-1.96B	-1.92B	-1.88B	-3.05B	-4.05B	-4.82B	-5.23B	-5.47B	-5.63B	-924.80M	-1.14B	-741.80M	-569.00M	-424.60M	-344.80M	-346.80M	-361.30M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	—
Equity in earnings	0	0	0	0	0	0	0	0	0	0	-19.40M	19.60M	8.40M	28.40M	4.30M	45.90M	84.00M	117.40M	124.50M	178.10M
Total assets	21.79B	25.10B	33.53B	41.53B	47.68B	55.76B	71.62B	81.48B	91.06B	89.40B	86.41B	84.89B	74.54B	70.11B	26.02B	26.45B	27.84B	31.28B	33.75B	37.79B
Total current assets	9.57B	11.18B	16.01B	14.98B	15.53B	20.95B	28.53B	28.07B	26.67B	28.22B	22.98B	23.77B	22.51B	12.12B	12.97B	13.79B	15.77B	17.49B	17.81B	19.76B
Cash and short term investments	685.32M	499.11M	729.90M	1.10B	476.15M	1.61B	3.73B	2.07B	2.04B	746.70M	559.30M	509.50M	621.60M	731.90M	1.12B	1.19B	1.65B	1.62B	1.68B	2.75B
Cash & equivalents	676.57M	490.35M	721.15M	1.09B	476.15M	1.48B	1.95B	563.40M	1.73B	733.00M	554.80M	509.50M	498.90M	455.60M	973.50M	994.60M	1.54B	1.50B	1.50B	2.61B
Short term investments	8.75M	8.75M	8.75M	8.75M	0	130.71M	1.79B	1.50B	316.40M	13.70M	4.50M	0	122.70M	276.30M	150.70M	194.10M	103.00M	118.30M	175.20M	134.20M
Total receivables, net	3.96B	4.62B	6.53B	6.50B	5.40B	6.59B	4.74B	6.33B	5.63B	5.13B	6.37B	7.18B	6.99B	3.57B	4.81B	5.14B	5.21B	5.88B	6.30B	6.32B
Accounts receivable - trade, net	2.64B	2.78B	3.23B	4.26B	3.10B	4.44B	4.28B	5.80B	5.27B	4.86B	6.15B	6.83B	6.71B	3.25B	2.98B	3.28B	4.14B	5.00B	5.39B	5.28B
Other receivables	1.32B	1.83B	3.30B	2.23B	2.31B	2.15B	460.70M	531.90M	356.90M	267.50M	211.20M	352.10M	272.30M	314.40M	1.83B	1.86B	1.07B	881.60M	907.50M	1.04B
Total inventory	4.44B	5.40B	7.82B	6.51B	8.88B	11.94B	15.33B	16.62B	15.83B	17.53B	13.40B	13.52B	12.77B	6.56B	6.47B	7.02B	8.44B	9.40B	9.34B	10.17B
Other current assets, total	447.23M	620.22M	926.44M	875.97M	772.34M	809.72M	753.70M	1.01B	945.10M	2.55B	2.40B	2.37B	1.96B	1.21B	513.80M	391.70M	375.50M	491.40M	368.80M	417.00M
Total non-current assets	12.21B	13.93B	17.53B	26.55B	32.15B	34.81B	43.09B	53.41B	64.39B	61.17B	63.44B	61.12B	52.03B	58.00B	13.05B	12.66B	12.07B	13.79B	15.94B	18.03B
Long term investments	3.79M	3.79M	3.79M	3.79M	3.79M	3.79M	740.80M	617.60M	771.00M	241.20M	527.80M	523.30M	641.90M	691.90M	883.10M	844.60M	839.20M	930.60M	764.50M	928.70M
Note receivable - long term	—	—	—	—	—	—	534.40M	544.40M	547.90M	18.80M	66.20M	79.30M	93.90M	91.60M	163.50M	107.80M	100.60M	98.60M	97.80M	91.90M
Investments in unconsolidated subsidiaries	0	0	0	0	0	0	0	0	0	0	0	366.90M	385.00M	421.60M	436.00M	484.20M	563.50M	656.80M	558.00M	678.10M
Other investments	3.79M	3.79M	3.79M	3.79M	3.79M	3.79M	206.40M	73.20M	223.10M	222.40M	461.60M	77.10M	163.00M	178.70M	283.60M	252.60M	175.10M	175.20M	108.70M	158.70M
Net property/plant/equipment	11.38B	13.22B	16.84B	25.66B	31.21B	33.84B	39.30B	48.77B	58.14B	55.39B	53.85B	51.03B	49.02B	8.74B	9.17B	9.11B	8.92B	10.66B	12.85B	14.82B
Gross property/plant/equipment	18.67B	21.50B	25.86B	35.81B	42.31B	47.00B	55.13B	67.28B	78.94B	80.33B	56.91B	56.98B	57.93B	11.15B	12.08B	12.64B	12.95B	15.30B	18.03B	20.92B
Deferred tax assets	220.92M	115.60M	96.15M	308.12M	371.25M	414.30M	940.00M	1.43B	2.94B	4.72B	6.79B	7.57B	89.60M	2.50B	931.20M	689.00M	535.30M	533.50M	614.50M	475.90M
Net intangible assets	568.64M	555.68M	574.24M	571.21M	565.38M	557.01M	589.60M	584.50M	592.40M	694.20M	944.60M	988.10M	831.90M	669.50M	643.00M	614.90M	581.90M	575.80M	624.50M	639.60M
Goodwill, net	553.13M	553.13M	569.08M	564.37M	559.96M	553.13M	553.10M	553.10M	553.10M	553.10M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M	552.20M
Other intangibles, net	15.51M	2.54M	5.16M	6.84M	5.42M	3.88M	36.50M	31.40M	39.30M	141.10M	392.40M	435.90M	279.70M	117.30M	90.80M	62.70M	29.70M	23.60M	72.30M	87.40M
Other long term assets, total	0	0	0	0	0	—	1.50B	1.97B	1.95B	118.80M	563.80M	926.70M	1.27B	45.39B	1.41B	1.40B	1.19B	1.09B	1.08B	1.16B
Short term debt	1.17B	1.97B	3.10B	3.67B	645.24M	1.89B	5.38B	8.67B	10.90B	12.80B	14.74B	15.19B	13.20B	12.59B	2.78B	2.53B	1.83B	1.63B	1.06B	2.03B
Current portion of LT debt and capital leases	121.71M	42.31M	11.41M	0	0	0	2.44B	3.63B	2.37B	3.48B	4.37B	5.66B	3.50B	4.05B	450.60M	679.00M	67.60M	479.80M	175.60M	782.00M
Short term debt excl. current portion of LT debt	1.04B	1.93B	3.09B	3.67B	645.24M	1.89B	2.94B	5.03B	8.53B	9.32B	10.38B	9.53B	9.70B	8.54B	2.33B	1.86B	1.76B	1.15B	886.30M	1.25B
Accounts payable	4.89B	5.48B	10.04B	10.88B	17.30B	16.34B	14.63B	16.79B	20.14B	17.75B	15.48B	18.20B	19.64B	3.25B	3.63B	3.62B	2.95B	2.99B	2.48B	2.66B
Income tax payable	102.45M	62.93M	103.11M	166.02M	75.95M	152.73M	3.75B	1.69B	1.70B	1.67B	65.40M	33.30M	40.20M	25.90M	24.00M	24.90M	297.80M	437.80M	471.10M	427.60M
Long term debt	7.49B	7.65B	8.26B	13.04B	9.31B	15.64B	20.09B	23.26B	26.42B	27.13B	29.97B	28.45B	27.53B	23.06B	3.42B	2.76B	2.29B	2.53B	2.58B	2.13B
Long term debt excl. lease liabilities	7.48B	7.65B	8.26B	13.04B	9.31B	15.64B	20.09B	23.26B	26.41B	27.11B	29.96B	28.44B	27.52B	23.06B	3.42B	2.76B	2.29B	2.53B	2.58B	2.13B
Total equity	6.21B	7.88B	9.81B	11.53B	17.04B	18.02B	18.51B	19.58B	19.96B	17.23B	13.84B	9.75B	7.54B	8.14B	12.59B	13.96B	16.90B	20.28B	23.76B	27.44B
Shareholders' equity	6.10B	7.77B	9.69B	11.36B	16.88B	17.84B	18.30B	19.35B	19.66B	16.92B	13.50B	9.41B	7.20B	7.82B	12.21B	13.92B	16.86B	20.23B	23.72B	27.44B
Common equity, total	6.10B	7.77B	9.69B	11.36B	16.88B	17.84B	18.30B	19.35B	19.66B	16.92B	13.50B	9.41B	7.20B	7.82B	12.21B	13.92B	16.86B	20.23B	23.72B	27.44B
Other common equity	1.64B	2.83B	4.90B	6.45B	7.67B	6.34B	6.76B	7.16B	7.44B	6.72B	8.45B	6.50B	7.03B	7.18B	7.48B	7.70B	6.81B	7.28B	7.35B	7.91B
Total debt	8.65B	9.62B	11.37B	16.71B	9.96B	17.52B	25.48B	31.93B	37.32B	39.93B	44.72B	43.64B	40.73B	35.65B	6.20B	5.30B	4.11B	4.17B	3.64B	4.17B
Net debt	7.97B	9.12B	10.64B	15.62B	9.48B	15.91B	21.75B	29.86B	35.28B	39.18B	44.16B	43.13B	40.10B	34.92B	5.08B	4.11B	2.47B	2.55B	1.96B	1.42B
Change in accounts receivable	-127.54M	-31.98M	-904.34M	-845.09M	752.96M	-781.88M	-160.70M	-1.50B	501.50M	396.20M	368.50M	-751.50M	-72.10M	994.50M	174.80M	-459.30M	-901.90M	-885.70M	-365.50M	113.10M
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	17.95M	381.92M	2.41B	2.37B	5.49B	2.24B	3.88B	862.50M	1.04B	1.49B	136.80M	3.17B	1.23B	-793.00M	188.40M	173.10M	-595.50M	81.30M	-526.20M	214.30M
Change in other assets/liabilities	0	—	—	0	0	0	0	-317.40M	718.00M	782.20M	411.30M	97.40M	1.22B	-140.70M	-529.60M	175.60M	144.80M	-345.60M	100.40M	-210.00M
Sale of fixed assets & businesses	117.82M	168.30M	58.70M	42.82M	41.42M	7.35M	69.40M	30.80M	116.00M	54.50M	24.00M	842.50M	465.30M	828.20M	29.68B	9.00M	575.10M	202.50M	21.20M	148.00M
Purchase/sale of investments, net	128.89M	0	0	0	8.75M	0	-1.59B	378.20M	990.50M	221.60M	-6.60M	87.90M	-133.40M	-152.30M	91.80M	-18.70M	135.50M	-12.80M	-199.10M	-9.00M
Sale/maturity of investments	128.89M	0	0	0	8.75M	0	0	1.59B	1.21B	226.40M	0	87.90M	0	0	106.80M	0	135.50M	4.00M	30.30M	41.00M
Purchase of investments	0	0	0	0	0	0	-1.59B	-1.21B	-220.30M	-4.80M	-6.60M	0	-133.40M	-152.30M	-15.00M	-18.70M	0	-16.80M	-229.40M	-50.00M
Other investing cash flow items, total	-7.40M	-72.84M	80.80M	33.80M	0	-7.30M	3.70M	0	98.60M	67.20M	1.00M	0	0	0	0	0	311.80M	0	0	0
Issuance/retirement of debt, net	-1.84B	904.50M	2.04B	4.57B	-6.33B	7.58B	6.51B	5.82B	4.58B	2.28B	394.20M	-1.01B	-2.93B	-3.94B	-29.83B	-939.10M	-1.22B	-119.10M	-615.50M	397.90M
Issuance/retirement of long term debt	-1.84B	904.50M	2.04B	4.57B	-6.33B	7.58B	6.51B	3.73B	1.09B	1.49B	3.46B	-162.30M	-3.10B	-3.94B	-23.69B	-462.20M	-1.13B	479.90M	-302.20M	33.90M
Issuance/retirement of short term debt	0	0	—	0	0	—	—	2.09B	3.49B	793.60M	-3.07B	-848.00M	1.46B	-2.20M	-6.14B	-476.90M	-95.90M	-599.00M	-313.30M	364.00M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	-1.29B	1.12B	—	—	—	—	—	—
Total cash dividends paid	-63.51M	-138.56M	-187.51M	-249.73M	-293.73M	-303.81M	-303.50M	-500.00K	0	-2.70M	0	0	-11.30M	-1.30M	0	0	0	-609.50M	-761.90M	-838.00M
Other financing cash flow items, total	136.26M	499.16M	294.50M	-54.27M	-16.74M	-65.21M	-62.80M	-21.50M	-66.40M	-26.20M	0	-11.00M	0	-29.10M	0	-300.00K	0	0	0	0