€ million |
|
Q3 2025 |
|
Q3 2026 |
|
9M 2025 |
|
9M 2026 |
|---|---|---|---|---|---|---|---|---|
Income after income taxes |
|
(959) |
|
(661) |
|
155 |
|
2,335 |
Income taxes |
|
(202) |
|
(127) |
|
88 |
|
187 |
Financial result |
|
618 |
|
678 |
|
1,551 |
|
1,723 |
Income taxes paid |
|
(178) |
|
(356) |
|
(792) |
|
(946) |
Depreciation, amortization and impairment losses (loss reversals) |
|
1,005 |
|
1,553 |
|
2,451 |
|
3,965 |
Change in pension provisions |
|
(137) |
|
(140) |
|
(422) |
|
(443) |
(Gains) losses on retirements of noncurrent assets |
|
(33) |
|
(136) |
|
(278) |
|
(311) |
Decrease (increase) in inventories |
|
(116) |
|
(302) |
|
551 |
|
178 |
Decrease (increase) in trade accounts receivable |
|
2,877 |
|
2,465 |
|
(1,711) |
|
(950) |
(Decrease) increase in trade accounts payable |
|
342 |
|
244 |
|
(649) |
|
(356) |
Changes in other working capital, other noncash items |
|
(1,532) |
|
(2,587) |
|
784 |
|
(5,855) |
Net cash provided by (used in) operating activities |
|
1,685 |
|
631 |
|
1,728 |
|
(473) |
Cash outflows for additions to property, plant, equipment and intangible assets |
|
(836) |
|
(720) |
|
(1,689) |
|
(1,791) |
Cash inflows from the sale of property, plant, equipment and other assets |
|
62 |
|
127 |
|
165 |
|
346 |
Cash inflows from (outflows for) divestments less divested cash |
|
– |
|
– |
|
(1) |
|
– |
Cash inflows from noncurrent financial assets |
|
119 |
|
9 |
|
135 |
|
19 |
Cash outflows for noncurrent financial assets |
|
(44) |
|
(64) |
|
(155) |
|
(127) |
Cash outflows for (inflows from) acquisitions less acquired cash |
|
(1) |
|
– |
|
(198) |
|
(300) |
Interest and dividends received |
|
105 |
|
114 |
|
258 |
|
269 |
Cash inflows from (outflows for) current financial assets |
|
(472) |
|
(2,547) |
|
733 |
|
(1,924) |
Net cash provided by (used in) investing activities |
|
(1,067) |
|
(3,081) |
|
(752) |
|
(3,508) |
Capital contributions from noncontrolling interests |
|
– |
|
3,000 |
|
– |
|
3,000 |
Payments for transaction costs in connection with capital measures |
|
– |
|
(68) |
|
– |
|
(68) |
Dividend payments |
|
(8) |
|
(7) |
|
(116) |
|
(119) |
Issuances of debt |
|
3,440 |
|
7,154 |
|
5,935 |
|
10,341 |
Retirements of debt |
|
(2,344) |
|
(2,345) |
|
(5,708) |
|
(5,698) |
Interest paid including interest-rate swaps |
|
(358) |
|
(351) |
|
(1,104) |
|
(1,022) |
Interest received from interest-rate swaps |
|
– |
|
33 |
|
– |
|
33 |
Net cash provided by (used in) financing activities |
|
730 |
|
7,416 |
|
(993) |
|
6,467 |
Change in cash and cash equivalents due to business activities |
|
1,348 |
|
4,966 |
|
(17) |
|
2,486 |
Cash and cash equivalents at beginning of period |
|
4,557 |
|
4,289 |
|
6,191 |
|
6,671 |
Change in cash and cash equivalents due to exchange rate movements |
|
(3) |
|
4 |
|
(272) |
|
108 |
Effects from hyperinflation of cash flows |
|
(5) |
|
(3) |
|
(5) |
|
(9) |
Cash and cash equivalents at end of period |
|
5,897 |
|
9,256 |
|
5,897 |
|
9,256 |