UPS

At a glance

Buybacks

33.1%Buybacks as a share of free cash flowSEC EDGAR · CIK 00010907270001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26NetCashProvidedByUsedInOperatingActivities0001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26PaymentsForRepurchaseOfCommonStock0001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26PaymentsToAcquirePropertyPlantAndEquipment0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28NetCashProvidedByUsedInOperatingActivities0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28PaymentsForRepurchaseOfCommonStock0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28PaymentsToAcquirePropertyPlantAndEquipment0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27NetCashProvidedByUsedInOperatingActivities0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27PaymentsForRepurchaseOfCommonStock0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27PaymentsToAcquirePropertyPlantAndEquipment0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28NetCashProvidedByUsedInOperatingActivities0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsForRepurchaseOfCommonStock0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsToAcquirePropertyPlantAndEquipment0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28NetCashProvidedByUsedInOperatingActivities0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28PaymentsForRepurchaseOfCommonStock0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28PaymentsToAcquirePropertyPlantAndEquipment0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27NetCashProvidedByUsedInOperatingActivities0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27PaymentsForRepurchaseOfCommonStock0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27PaymentsToAcquirePropertyPlantAndEquipment0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25NetCashProvidedByUsedInOperatingActivities0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25PaymentsForRepurchaseOfCommonStock0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25PaymentsToAcquirePropertyPlantAndEquipment0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21NetCashProvidedByUsedInOperatingActivities0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsForRepurchaseOfCommonStock0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsToAcquirePropertyPlantAndEquipment0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21NetCashProvidedByUsedInOperatingActivities0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21PaymentsForRepurchaseOfCommonStock0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21PaymentsToAcquirePropertyPlantAndEquipment0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20NetCashProvidedByUsedInOperatingActivities0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20PaymentsForRepurchaseOfCommonStock0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20PaymentsToAcquirePropertyPlantAndEquipment0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22NetCashProvidedByUsedInOperatingActivities0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22PaymentsForRepurchaseOfCommonStock0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22PaymentsToAcquirePropertyPlantAndEquipment0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22NetCashProvidedByUsedInOperatingActivities0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22PaymentsForRepurchaseOfCommonStock0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22PaymentsToAcquirePropertyPlantAndEquipment0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21NetCashProvidedByUsedInOperatingActivities0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21PaymentsForRepurchaseOfCommonStock0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21PaymentsToAcquirePropertyPlantAndEquipment0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20NetCashProvidedByUsedInOperatingActivities0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20PaymentsForRepurchaseOfCommonStock0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20PaymentsToAcquirePropertyPlantAndEquipment0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18NetCashProvidedByUsedInOperatingActivities0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18PaymentsForRepurchaseOfCommonStock0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18PaymentsToAcquirePropertyPlantAndEquipment0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17NetCashProvidedByUsedInOperatingActivities0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsForRepurchaseOfCommonStock0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsToAcquirePropertyPlantAndEquipmentRounded in the filing: PaymentsForRepurchaseOfCommonStock FY2025.

Share of free cash flow, fiscal 2009–2016, 2018–2025

Details and every year

Dividends

62.1%Dividends as a share of free cash flowSEC EDGAR · CIK 00010907270001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26NetCashProvidedByUsedInOperatingActivities0001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26PaymentsOfDividends0001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26PaymentsToAcquirePropertyPlantAndEquipment0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28NetCashProvidedByUsedInOperatingActivities0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28PaymentsOfDividends0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28PaymentsToAcquirePropertyPlantAndEquipment0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27NetCashProvidedByUsedInOperatingActivities0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27PaymentsOfDividends0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27PaymentsToAcquirePropertyPlantAndEquipment0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28NetCashProvidedByUsedInOperatingActivities0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsOfDividends0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsToAcquirePropertyPlantAndEquipment0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28NetCashProvidedByUsedInOperatingActivities0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28PaymentsOfDividends0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28PaymentsToAcquirePropertyPlantAndEquipment0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27NetCashProvidedByUsedInOperatingActivities0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27PaymentsOfDividends0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27PaymentsToAcquirePropertyPlantAndEquipment0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25NetCashProvidedByUsedInOperatingActivities0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25PaymentsOfDividends0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25PaymentsToAcquirePropertyPlantAndEquipment0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21NetCashProvidedByUsedInOperatingActivities0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsOfDividends0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsToAcquirePropertyPlantAndEquipment0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21NetCashProvidedByUsedInOperatingActivities0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21PaymentsOfDividends0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21PaymentsToAcquirePropertyPlantAndEquipment0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20NetCashProvidedByUsedInOperatingActivities0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20PaymentsOfDividends0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20PaymentsToAcquirePropertyPlantAndEquipment0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22NetCashProvidedByUsedInOperatingActivities0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22PaymentsOfDividends0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22PaymentsToAcquirePropertyPlantAndEquipment0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22NetCashProvidedByUsedInOperatingActivities0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22PaymentsOfDividends0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22PaymentsToAcquirePropertyPlantAndEquipment0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21NetCashProvidedByUsedInOperatingActivities0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21PaymentsOfDividends0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21PaymentsToAcquirePropertyPlantAndEquipment0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20NetCashProvidedByUsedInOperatingActivities0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20PaymentsOfDividends0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20PaymentsToAcquirePropertyPlantAndEquipment0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18NetCashProvidedByUsedInOperatingActivities0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18PaymentsOfDividends0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18PaymentsToAcquirePropertyPlantAndEquipment0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17NetCashProvidedByUsedInOperatingActivities0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsOfDividends0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsToAcquirePropertyPlantAndEquipment

Share of free cash flow, fiscal 2009–2016, 2018–2025

Details and every year

Acquisitions

9.7%^cAcquisitions as a share of free cash flowSEC EDGAR · CIK 00010907270001090727-13-000005 · FY2011 · period ended 2011-12-31 · filed 2013-02-28PaymentsToAcquireBusinessesNetOfCashAcquired0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27NetCashProvidedByUsedInOperatingActivities0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27PaymentsToAcquirePropertyPlantAndEquipment0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28NetCashProvidedByUsedInOperatingActivities0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsToAcquirePropertyPlantAndEquipment0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28NetCashProvidedByUsedInOperatingActivities0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28PaymentsToAcquirePropertyPlantAndEquipment0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27NetCashProvidedByUsedInOperatingActivities0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27PaymentsToAcquirePropertyPlantAndEquipment0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25NetCashProvidedByUsedInOperatingActivities0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25PaymentsToAcquirePropertyPlantAndEquipment0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21NetCashProvidedByUsedInOperatingActivities0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21PaymentsToAcquirePropertyPlantAndEquipment0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21NetCashProvidedByUsedInOperatingActivities0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21PaymentsToAcquirePropertyPlantAndEquipment0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20NetCashProvidedByUsedInOperatingActivities0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20PaymentsToAcquirePropertyPlantAndEquipment0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22NetCashProvidedByUsedInOperatingActivities0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22PaymentsToAcquirePropertyPlantAndEquipment0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22NetCashProvidedByUsedInOperatingActivities0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22PaymentsToAcquirePropertyPlantAndEquipment0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21NetCashProvidedByUsedInOperatingActivities0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21PaymentsToAcquirePropertyPlantAndEquipment0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20NetCashProvidedByUsedInOperatingActivities0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20PaymentsToAcquirePropertyPlantAndEquipment0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18NetCashProvidedByUsedInOperatingActivities0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18PaymentsToAcquireBusinessesNetOfCashAcquired0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18PaymentsToAcquirePropertyPlantAndEquipment0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17NetCashProvidedByUsedInOperatingActivities0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsToAcquireBusinessesNetOfCashAcquired0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17PaymentsToAcquirePropertyPlantAndEquipmentc: comparative figure from a later filing (PaymentsToAcquireBusinessesNetOfCashAcquired FY2011); SEC's structured data has no figure from the fiscal year's own 10-K.

Share of free cash flow, fiscal 2011–2016, 2018–2025

Details and every year

Median ROIC

26.6%^r!Median return on invested capitalSEC EDGAR · CIK 00010907270001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26CashAndCashEquivalentsAtCarryingValue0001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26DebtCurrent0001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26LongTermDebtNoncurrent0001193125-10-042908 · FY2009 · period ended 2009-12-31 · filed 2010-02-26StockholdersEquity0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28CashAndCashEquivalentsAtCarryingValue0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28DebtCurrent0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28IncomeTaxExpenseBenefit0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28LongTermDebtNoncurrent0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28OperatingIncomeLoss0001193125-11-049356 · FY2010 · period ended 2010-12-31 · filed 2011-02-28StockholdersEquity0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27CashAndCashEquivalentsAtCarryingValue0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27DebtCurrent0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27IncomeTaxExpenseBenefit0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27LongTermDebtNoncurrent0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27OperatingIncomeLoss0001193125-12-081067 · FY2011 · period ended 2011-12-31 · filed 2012-02-27StockholdersEquity0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28CashAndCashEquivalentsAtCarryingValue0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28DebtCurrent0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28IncomeTaxExpenseBenefit0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28LongTermDebtNoncurrent0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28OperatingIncomeLoss0001090727-13-000005 · FY2012 · period ended 2012-12-31 · filed 2013-02-28StockholdersEquity0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28CashAndCashEquivalentsAtCarryingValue0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28DebtCurrent0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28IncomeTaxExpenseBenefit0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28LongTermDebtNoncurrent0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28OperatingIncomeLoss0001090727-14-000009 · FY2013 · period ended 2013-12-31 · filed 2014-02-28StockholdersEquity0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27CashAndCashEquivalentsAtCarryingValue0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27DebtCurrent0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27IncomeTaxExpenseBenefit0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27LongTermDebtNoncurrent0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27OperatingIncomeLoss0001090727-15-000008 · FY2014 · period ended 2014-12-31 · filed 2015-02-27StockholdersEquity0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25CashAndCashEquivalentsAtCarryingValue0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25DebtCurrent0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25IncomeTaxExpenseBenefit0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25LongTermDebtNoncurrent0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25OperatingIncomeLoss0001090727-16-000053 · FY2015 · period ended 2015-12-31 · filed 2016-02-25StockholdersEquity0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21CashAndCashEquivalentsAtCarryingValue0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21DebtCurrent0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21IncomeTaxExpenseBenefit0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21LongTermDebtNoncurrent0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21OperatingIncomeLoss0001090727-17-000011 · FY2016 · period ended 2016-12-31 · filed 2017-02-21StockholdersEquity0001090727-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-21CashAndCashEquivalentsAtCarryingValue0001090727-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-21DebtCurrent0001090727-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-21IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001090727-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-21IncomeTaxExpenseBenefit0001090727-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-21LongTermDebtNoncurrent0001090727-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-21OperatingIncomeLoss0001090727-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-21StockholdersEquity0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21CashAndCashEquivalentsAtCarryingValue0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21DebtCurrent0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21IncomeTaxExpenseBenefit0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21LongTermDebtNoncurrent0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21OperatingIncomeLoss0001090727-19-000006 · FY2018 · period ended 2018-12-31 · filed 2019-02-21StockholdersEquity0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20CashAndCashEquivalentsAtCarryingValue0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20DebtCurrent0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20IncomeTaxExpenseBenefit0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20LongTermDebtNoncurrent0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20OperatingIncomeLoss0001090727-20-000005 · FY2019 · period ended 2019-12-31 · filed 2020-02-20StockholdersEquity0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22CashAndCashEquivalentsAtCarryingValue0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22DebtCurrent0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22IncomeTaxExpenseBenefit0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22LongTermDebtNoncurrent0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22OperatingIncomeLoss0001090727-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-02-22StockholdersEquity0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22CashAndCashEquivalentsAtCarryingValue0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22IncomeTaxExpenseBenefit0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22LongTermDebtCurrent0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22LongTermDebtNoncurrent0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22OperatingIncomeLoss0001090727-22-000007 · FY2021 · period ended 2021-12-31 · filed 2022-02-22StockholdersEquity0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21CashAndCashEquivalentsAtCarryingValue0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21IncomeTaxExpenseBenefit0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21LongTermDebtCurrent0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21LongTermDebtNoncurrent0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21OperatingIncomeLoss0001090727-23-000006 · FY2022 · period ended 2022-12-31 · filed 2023-02-21StockholdersEquity0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20CashAndCashEquivalentsAtCarryingValue0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20DebtCurrent0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20IncomeTaxExpenseBenefit0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20LongTermDebtAndCapitalLeaseObligations0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20OperatingIncomeLoss0001090727-24-000008 · FY2023 · period ended 2023-12-31 · filed 2024-02-20StockholdersEquity0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18CashAndCashEquivalentsAtCarryingValue0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18DebtCurrent0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18IncomeTaxExpenseBenefit0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18LongTermDebtAndCapitalLeaseObligations0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18OperatingIncomeLoss0001090727-25-000019 · FY2024 · period ended 2024-12-31 · filed 2025-02-18StockholdersEquity0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17CashAndCashEquivalentsAtCarryingValue0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17DebtCurrent0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17IncomeTaxExpenseBenefit0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17LongTermDebtAndCapitalLeaseObligations0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17OperatingIncomeLoss0001628280-26-008432 · FY2025 · period ended 2025-12-31 · filed 2026-02-17StockholdersEquityr: a later 10-K shows a different figure for CashAndCashEquivalentsAtCarryingValue FY2010; IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments FY2010; IncomeTaxExpenseBenefit FY2010; OperatingIncomeLoss FY2010; LongTermDebtNoncurrent FY2014; IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments FY2016; IncomeTaxExpenseBenefit FY2016; OperatingIncomeLoss FY2016; IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments FY2017; IncomeTaxExpenseBenefit FY2017; StockholdersEquity FY2017. As filed is shown.!: tags disagree and the disagreement is unresolved (LongTermDebtNoncurrent FY2011; LongTermDebtNoncurrent FY2012; LongTermDebtNoncurrent FY2013; LongTermDebtNoncurrent FY2014; LongTermDebtNoncurrent FY2015; LongTermDebtNoncurrent FY2016; LongTermDebtNoncurrent FY2017; LongTermDebtNoncurrent FY2018; LongTermDebtNoncurrent FY2019; LongTermDebtNoncurrent FY2020; LongTermDebtCurrent FY2021; LongTermDebtNoncurrent FY2021; LongTermDebtCurrent FY2022; LongTermDebtNoncurrent FY2022).

Return on invested capital, fiscal 2010–2025

Details and every year

Sections, fiscal 2009–2025

• Where the cash wentFree cash flow and what it was spent on — buybacks, dividends, acquisitions and debt — year by year.
• Return on capitalReturn on invested capital and on incremental capital, and up to three estimates of owner earnings.
• Management recordPrices paid for buybacks, debt against operating income, margins, share issuance and stock-based pay.