Flutter Entertainment plc
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FLUT FY 2025 request
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Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Cost of Revenue (FY) | — | — | — |
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| International | -4,406 | -3,571 | -23.4% |
| U.S. | -3,955 | -3,353 | -18.0% |
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| Cost of Revenue | -8,979 | -7,346 | -22.2% |
| Gross Profit (FY) | — | — | — |
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| Gross Profit | 7,404 | 6,702 | +10.5% |
| Research & Development (FY) | — | — | — |
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| International | -410 | -403 | -1.7% |
| U.S. | -344 | -270 | -27.4% |
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| Research & Development | -991 | -820 | -20.9% |
| Sales & Marketing (FY) | — | — | — |
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| International | -1,520 | -1,394 | -9.0% |
| U.S. | -1,319 | -1,278 | -3.2% |
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| Sales & Marketing | -3,678 | -3,205 | -14.8% |
| General & Administrative (FY) | — | — | — |
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| International | -878 | -817 | -7.5% |
| U.S. | -427 | -390 | -9.5% |
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| General & Administrative | -2,182 | -1,808 | -20.7% |
| Operating Income (FY) | — | — | — |
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| Operating Income | 36 | 869 | -95.9% |
| Other Non-Operating Income (Expense) (FY) | — | — | — |
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| Other Non-Operating Income (Expense) | 358 | -434 | +182.5% |
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| Material Reconciling Items | 358 | -434 | +182.5% |
| Income Before Taxes (FY) | — | — | — |
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| Income Before Taxes | -121 | 16 | -856.2% |
| Income Tax Expense (Benefit) (FY) | — | — | — |
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| Income Tax Expense (Benefit) | -286 | 146 | -295.9% |
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| Pokerstars Trade Mark | -153 | — | — |
| Other Comprehensive Income (FY) | — | — | — |
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| Other Comprehensive Income | 816 | -444 | +283.8% |
| EPS (Basic) (FY) | — | — | — |
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| EPS (Basic) | -1.75 | 0.24 | -829.2% |
| EPS (Diluted) (FY) | — | — | — |
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| EPS (Diluted) | -1.75 | 0.24 | -829.2% |
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| Intangible Assets Amortization Period | -0.76 | — | — |
| Wtd Avg Shares (Basic) (FY) | — | — | — |
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| Wtd Avg Shares (Basic) | 177 | 178 | -0.6% |
| Wtd Avg Shares (Diluted) (FY) | — | — | — |
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| Wtd Avg Shares (Diluted) | 177 | 180 | -1.7% |
| Net Income Loss Available To Common Stockholders Basic (FY) | — | — | — |
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| Net Income Loss Available To Common Stockholders Basic | -310 | 43 | -820.9% |
| Revenue From Contract With Customer Including Assessed Tax (FY) | — | — | — |
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| iGaming · International | 5,112 | 4,130 | +23.8% |
| iGaming · U.S. | 2,095 | 1,524 | +37.5% |
| Service Other · International | 305 | 304 | +0.3% |
| Service Other · U.S. | 239 | 261 | -8.4% |
| Sportsbook · International | 3,999 | 3,816 | +4.8% |
| Sportsbook · U.S. | 4,633 | 4,013 | +15.4% |
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| International | 9,416 | 8,250 | +14.1% |
| International · Asia Pacific | 1,428 | 1,547 | -7.7% |
| International · BR | 227 | 69 | +229.0% |
| International · Central and Eastern Europe | 604 | 531 | +13.7% |
| International · Other regions | 864 | 911 | -5.2% |
| International · Southern Europe and Africa | 2,746 | 1,593 | +72.4% |
| International · UKI | 3,547 | 3,599 | -1.4% |
| U.S. | 6,967 | 5,798 | +20.2% |
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| AU | 1,315 | 1,397 | -5.9% |
| GB | 3,198 | 3,279 | -2.5% |
| IE | 303 | 304 | -0.3% |
| IT | 2,532 | 1,484 | +70.6% |
| Rest of the world | 2,268 | 1,855 | +22.3% |
| US | 6,767 | 5,729 | +18.1% |
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| Revenue From Contract With Customer Including Assessed Tax | 16,383 | 14,048 | +16.6% |
| Net Income Loss Attributable To Noncontrolling Interest (FY) | — | — | — |
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| Fair Value Inputs Level3 | 50 | -25 | +300.0% |
| Foreign Currency Transaction Gain Loss Before Tax (FY) | — | — | — |
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| Foreign Currency Transaction Gain Loss Before Tax | 88 | 15 | +486.7% |
| Professional Fees (FY) | — | — | — |
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| Professional Fees | -224 | -54 | -314.8% |
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| Material Reconciling Items | -224 | -54 | -314.8% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents (Q) | — | — | — |
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| Cash & Cash Equivalents | 1,828 | 1,531 | +19.4% |
| Restricted Cash And Cash Equivalents At Carrying Value (Q) | — | — | — |
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| Restricted Cash And Cash Equivalents At Carrying Value | 72 | 48 | +50.0% |
| Player Deposits Cash And Cash Equivalents (Q) | — | — | — |
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| Player Deposits Cash And Cash Equivalents | 1,932 | 1,930 | +0.1% |
| Player Deposits Investments (Q) | — | — | — |
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| Player Deposits Investments | 23 | 130 | -82.3% |
| Accounts Receivable (Q) | — | — | — |
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| Accounts Receivable | 190 | 98 | +93.9% |
| Prepaid Expenses & Other Current Assets (Q) | — | — | — |
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| Prepaid Expenses & Other Current Assets | 751 | 607 | +23.7% |
| Total Current Assets (Q) | — | — | — |
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| Total Current Assets | 4,796 | 4,344 | +10.4% |
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| Long Term Investments (Q) | — | — | — |
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| Long Term Investments | 7 | 6 | +16.7% |
| Property, Plant & Equipment (Q) | — | — | — |
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| Property, Plant & Equipment | 630 | 493 | +27.8% |
| Operating Lease Right-of-Use Assets (Q) | — | — | — |
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| Operating Lease Right-of-Use Assets | 550 | 507 | +8.5% |
| Goodwill (Q) | — | — | — |
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| International | 14,999 | 12,526 | +19.7% |
| U.S. | 826 | 826 | 0.0% |
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| Goodwill | 15,825 | 13,352 | +18.5% |
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| NSX | 429 | — | — |
| Snai | 1,507 | — | — |
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| Junglee | 517 | — | — |
| Deferred Tax Assets (Q) | — | — | — |
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| Deferred Tax Assets | 309 | 267 | +15.7% |
| Other Non-Current Assets (Q) | — | — | — |
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| Other Non-Current Assets | 144 | 175 | -17.7% |
| Total Assets (Q) | — | — | — |
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| Total Assets | 29,280 | 24,508 | +19.5% |
| Intangible Assets (Q) | — | — | — |
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| Intangible Assets | 7,019 | 5,364 | +30.9% |
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| Computer Software Intangible Asset | 349 | 317 | +10.1% |
| Customer Relationships | 2,573 | 2,221 | +15.8% |
| License | 364 | 277 | +31.4% |
| Other Intangible Assets | 105 | 110 | -4.5% |
| Software Development | 868 | 561 | +54.7% |
| Trademarks | 2,760 | 1,878 | +47.0% |
| Other Assets | |||
| Intangible Assets Net Excluding Goodwill (Q) | — | — | — |
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| Intangible Assets Net Excluding Goodwill | 7,019 | 5,364 | +30.9% |
| Current Liabilities | |||
| Accounts Payable (Q) | — | — | — |
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| Accounts Payable | 386 | 266 | +45.1% |
| Players Deposit Liabilities Current (Q) | — | — | — |
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| Players Deposit Liabilities Current | 1,859 | 1,940 | -4.2% |
| Operating Lease Liability Current (Q) | — | — | — |
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| Operating Lease Liability Current | 130 | 119 | +9.2% |
| Current Portion of Long-Term Debt (Q) | — | — | — |
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| Current Portion of Long-Term Debt | 109 | 53 | +105.7% |
| Other Liabilities Current (Q) | — | — | — |
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| Other Liabilities Current | 2,559 | 2,212 | +15.7% |
| Total Current Liabilities (Q) | — | — | — |
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| Total Current Liabilities | 5,043 | 4,590 | +9.9% |
| Accrued Liabilities (Q) | — | — | — |
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| Accrued Liabilities | 1,030 | 980 | +5.1% |
| Deferred Revenue (Current) (Q) | — | — | — |
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| Deferred Revenue (Current) | 96 | 120 | -20.0% |
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| Operating Lease Liabilities (Q) | — | — | — |
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| Operating Lease Liabilities | 476 | 428 | +11.2% |
| Long-Term Debt (Q) | — | — | — |
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| Long-Term Debt | 12,157 | 6,683 | +81.9% |
| Deferred Tax Liabilities (Q) | — | — | — |
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| Deferred Tax Liabilities | 1,105 | 605 | +82.6% |
| Other Non-Current Liabilities (Q) | — | — | — |
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| Other Non-Current Liabilities | 801 | 935 | -14.3% |
| Total Liabilities (Q) | — | — | — |
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| Total Liabilities | 19,582 | 13,241 | +47.9% |
| Long-Term Debt (Q) | — | — | — |
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| Long-Term Debt | 12,266 | 6,736 | +82.1% |
| Contract With Customer Liability Noncurrent (Q) | — | — | — |
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| Contract With Customer Liability Noncurrent | 1 | — | — |
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| Redeemable Noncontrolling Interest Equity Carrying Amount (Q) | — | — | — |
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| Redeemable Noncontrolling Interest Equity Carrying Amount | 424 | 1,808 | -76.5% |
| Stockholders' Equity | |||
| Common Stock (Q) | — | — | — |
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| Common Stock | 36 | 36 | 0.0% |
| Additional Paid In Capital Common Stock (Q) | — | — | — |
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| Additional Paid In Capital Common Stock | 1,989 | 1,611 | +23.5% |
| Accumulated Other Comprehensive Income (Q) | — | — | — |
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| Accumulated Other Comprehensive Income | -1,111 | -1,927 | +42.3% |
| Retained Earnings (Q) | — | — | — |
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| Retained Earnings | 8,124 | 9,573 | -15.1% |
| Total Stockholders' Equity (Q) | — | — | — |
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| Total Stockholders' Equity | 9,038 | 9,293 | -2.7% |
| Minority Interest (Q) | — | — | — |
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| Minority Interest | 236 | 166 | +42.2% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest (Q) | — | — | — |
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| Accumulated Gain Loss Net Cash Flow Hedge Parent | 4 | 14 | -71.4% |
| Accumulated Net Unrealized Investment Gain Loss | -1 | -1 | 0.0% |
| Accumulated Other Comprehensive Income | -1,111 | -1,927 | +42.3% |
| Accumulated Translation Adjustment | -1,104 | -1,939 | +43.1% |
| Additional Paid In Capital | 1,989 | 1,611 | +23.5% |
| Aoci Derivative Qualifying As Hedge Excluded Component Parent | -10 | -1 | -900.0% |
| Common Stock | 36 | 36 | 0.0% |
| Noncontrolling Interest | 236 | 166 | +42.2% |
| Parent | 9,038 | 9,293 | -2.7% |
| Retained Earnings | 8,124 | 9,573 | -15.1% |
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| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 9,274 | 9,459 | -2.0% |
| Total Liabilities & Equity (Q) | — | — | — |
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| Total Liabilities & Equity | 29,280 | 24,508 | +19.5% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
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| Operating Activities | |||
| Net Income (FY) | — | — | — |
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| Net Income | -407 | 162 | -351.2% |
| Depreciation & Amortization (FY) | — | — | — |
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| Depreciation & Amortization | 1,517 | 1,097 | +38.3% |
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| Material Reconciling Items | 1,517 | 1,097 | +38.3% |
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| Intangible Assets Amortization Period | 148 | — | — |
| Asset Impairment Charges (FY) | — | — | — |
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| Asset Impairment Charges | 561 | — | — |
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| Material Reconciling Items | 561 | — | — |
| Material Reconciling Items · Junglee | 561 | — | — |
| Derivative Gain Loss On Derivative Net (FY) | — | — | — |
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| Derivative Gain Loss On Derivative Net | -11 | 2 | -650.0% |
| Non Cash Interest Expense Net (FY) | — | — | — |
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| Non Cash Interest Expense Net | 53 | 19 | +178.9% |
| Operating Lease Right Of Use Asset Amortization Expense (FY) | — | — | — |
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| Operating Lease Right Of Use Asset Amortization Expense | 141 | 142 | -0.7% |
| Foreign Currency Transaction Gain Loss Unrealized (FY) | — | — | — |
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| Foreign Currency Transaction Gain Loss Unrealized | -88 | -15 | -486.7% |
| Disposal Group Not Discontinued Operation Gain Loss On Disposal (FY) | — | — | — |
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| Disposal Group Not Discontinued Operation Gain Loss On Disposal | 11 | 7 | +57.1% |
| Stock-Based Compensation (FY) | — | — | — |
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| Stock-Based Compensation | 246 | 196 | +25.5% |
| Share Based Compensation Classified As Liability (FY) | — | — | — |
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| Share Based Compensation Classified As Liability | 14 | 6 | +133.3% |
| Other Non-Cash Items (FY) | — | — | — |
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| Other Non-Cash Items | -300 | 428 | -170.1% |
| Deferred Income Taxes (FY) | — | — | — |
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| Deferred Income Taxes | -145 | -348 | +58.3% |
| Gains Losses On Extinguishment Of Debt (FY) | — | — | — |
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| EUR First Lien Term Loan B Due 2026 | 23 | 7 | +228.6% |
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| Gains Losses On Extinguishment Of Debt | 23 | 7 | +228.6% |
| Increase Decrease In Player Deposit Investments (FY) | — | — | — |
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| Increase Decrease In Player Deposit Investments | 120 | 33 | +263.6% |
| Change in Prepaid & Other Assets (FY) | — | — | — |
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| Change in Prepaid & Other Assets | -60 | -73 | +17.8% |
| Increase Decrease In Accounts Payable Trade (FY) | — | — | — |
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| Increase Decrease In Accounts Payable Trade | -20 | -7 | -185.7% |
| Increase Decrease In Other Operating Liabilities (FY) | — | — | — |
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| Increase Decrease In Other Operating Liabilities | -106 | -104 | -1.9% |
| Increase Decrease In Player Deposit Liability (FY) | — | — | — |
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| Increase Decrease In Player Deposit Liability | -227 | 212 | -207.1% |
| Increase Decrease In Operating Lease Liability (FY) | — | — | — |
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| Increase Decrease In Operating Lease Liability | -138 | -148 | +6.8% |
| Net Cash from Operations (FY) | — | — | — |
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| Net Cash from Operations | 1,184 | 1,602 | -26.1% |
| Investing Activities | |||
| Capital Expenditures (FY) | — | — | — |
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| Capital Expenditures | -105 | -144 | +27.1% |
| Payments To Acquire Intangible Assets (FY) | — | — | — |
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| Payments To Acquire Intangible Assets | -162 | -136 | -19.1% |
| Payments For Software (FY) | — | — | — |
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| Payments For Software | -510 | -381 | -33.9% |
| Payments To Acquire Businesses Net Of Cash Acquired (FY) | — | — | — |
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| Payments To Acquire Businesses Net Of Cash Acquired | -2,688 | -160 | -1580.0% |
| Proceeds From Sale Of Property Plant And Equipment (FY) | — | — | — |
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| Proceeds From Sale Of Property Plant And Equipment | 5 | — | — |
| Payments For Proceeds From Derivative Instrument Investing Activities (FY) | — | — | — |
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| Payments For Proceeds From Derivative Instrument Investing Activities | -21 | 10 | -310.0% |
| Net Cash from Investing (FY) | — | — | — |
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| Net Cash from Investing | -3,481 | -811 | -329.2% |
| Long Lived Assets Purchased But Not Yet Paid In Investing Activities (FY) | — | — | — |
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| Long Lived Assets Purchased But Not Yet Paid In Investing Activities | 75 | 15 | +400.0% |
| Long Lived Assets Purchased But Not Yet Paid In Financing Activity (FY) | — | — | — |
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| Long Lived Assets Purchased But Not Yet Paid In Financing Activity | 72 | — | — |
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability (FY) | — | — | — |
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| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 94 | 155 | -39.4% |
| Lease Obligation Incurred (FY) | — | — | — |
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| Lease Obligation Incurred | 50 | 47 | +6.4% |
| Business Acquisition Including Contingent Consideration (FY) | — | — | — |
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| Business Acquisition Including Contingent Consideration | 327 | 2 | +16250.0% |
| Stock Issued1 (FY) | — | — | — |
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| Stock Issued1 | 29 | — | — |
| Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction (FY) | — | — | — |
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| Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction | 6 | — | — |
| Asset Retirement Obligation Noncash Activity (FY) | — | — | — |
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| Asset Retirement Obligation Noncash Activity | 33 | — | — |
| Sale Of Noncontrolling Interests (FY) | — | — | — |
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| Sale Of Noncontrolling Interests | 17 | — | — |
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| Proceeds From Stock Options Exercised (FY) | — | — | — |
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| Proceeds From Stock Options Exercised | 7 | 30 | -76.7% |
| Proceeds From Debt Net Of Issuance Costs (FY) | — | — | — |
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| Proceeds From Debt Net Of Issuance Costs | 10,830 | 1,684 | +543.1% |
| Repayments Of Transaction Costs With Third Parties From Issuance Of Long Term Debt (FY) | — | — | — |
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| Repayments Of Transaction Costs With Third Parties From Issuance Of Long Term Debt | -22 | — | — |
| Repayments Of Long Term Debt (FY) | — | — | — |
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| Repayments Of Long Term Debt | -5,606 | -1,948 | -187.8% |
| Payments For Repurchase Of Redeemable Noncontrolling Interest (FY) | — | — | — |
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| Payments For Repurchase Of Redeemable Noncontrolling Interest | -1,620 | — | — |
| Payments Of Dividends Minority Interest (FY) | — | — | — |
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| Payments Of Dividends Minority Interest | -29 | -16 | -81.2% |
| Payment For Contingent Consideration Liability Financing Activities (FY) | — | — | — |
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| Payment For Contingent Consideration Liability Financing Activities | -19 | — | — |
| Share Repurchases (FY) | — | — | — |
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| Share Repurchases | -1,123 | -219 | -412.8% |
| Proceeds From Minority Shareholders (FY) | — | — | — |
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| Proceeds From Minority Shareholders | 10 | — | — |
| Net Cash from Financing (FY) | — | — | — |
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| Net Cash from Financing | 2,428 | -469 | +617.7% |
| Debt Repayments (FY) | — | — | — |
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| Revolving Credit Facility 2028 · Revolving Credit Facility | 966 | 852 | +13.4% |
| Supplemental | |||
| Interest Paid (FY) | — | — | — |
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| Interest Paid | 531 | 462 | +14.9% |
| Income Taxes Paid (FY) | — | — | — |
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| Income Taxes Paid | 445 | 255 | +74.5% |
| Operating Lease Payments (FY) | — | — | — |
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| Operating Lease Payments | 167 | 174 | -4.0% |
| Income Taxes Paid (FY) | — | — | — |
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| Income Taxes Paid | 445 | — | — |
| Other Cash Flow | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect (FY) | — | — | — |
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| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | 131 | 322 | -59.3% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations (Q) | — | — | — |
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| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | 3,832 | 3,509 | +9.2% |
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations (FY) | — | — | — |
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| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | 192 | -84 | +328.6% |
| Restricted Investments Current (Q) | — | — | — |
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| Restricted Investments Current | 1,932 | 1,930 | +0.1% |
Values in millions USD. Source: SEC EDGAR 10-K filing.