SGBAF
SES S.A.
Price Chart
Latest Quote
$9.30
| Previous Close | $9.60 |
| Open | $9.15 |
| Day High | $9.30 |
| Day Low | $9.10 |
| Volume | 700 |
Stock Information
| Quarterly Dividend / Yield | $0.59 / 6.35% |
| Shares Outstanding | 344.95M |
| Quarterly Dividend Yield | 6.35% |
| Quarterly Dividend | $0.59 |
| Total Debt | $8.04B |
| Cash Equivalents | $1.26B |
| Revenue | $3.43B |
| Net Income | $-174.87M |
| Sector | Communication Services |
| Industry | Broadcasting |
| Market Cap | $3.94B |
| EPS (TTM) | $-0.42 |
| Exchange | PNK |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $9.85B |
| Sales | $3.43B |
| Income | $-174.87M |
| Book/sh | $5.77 |
| Cash/sh | $3.14 |
| Employees | 4K |
Financial Ratios
| Debt/Eq | 255.71 |
Returns & Margins
| Gross Margin | 60.14% |
| Operating Margin | 11.69% |
| Profit Margin | -4.72% |
Ownership
| Institutional Ownership | 49.46% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 1.33 |
| P/B | 1.61 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $9.99 |
| SMA50 | $8.81 |
| SMA200 | $7.55 |
| RSI | 36.69 |
| ATR | 0.5064 |
| Shares Float | 301.01M |
| Volatility | 0.96 |
| Rel Volume | 1.24 |
Performance History
| Week | -5.30% |
| Month | +2.20% |
| Quarter | +38.81% |
| 6 Months | +49.76% |
| YTD | +43.52% |
| Year | +53.72% |
| 3 Years | +91.69% |
| 5 Years | +59.83% |
| 10 Years | -18.18% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-15 | $9.30 | 3,800 |
| 2026-06-12 | $9.06 | 2,500 |
| 2026-06-11 | $9.60 | 3,800 |
| 2026-06-10 | $9.82 | 0 |
| 2026-06-09 | $9.82 | 0 |
| 2026-06-08 | $9.82 | 2,300 |
| 2026-06-05 | $9.05 | 800 |
| 2026-06-04 | $10.25 | 1,100 |
| 2026-06-03 | $9.50 | 100 |
| 2026-06-02 | $10.35 | 200 |
| 2026-06-01 | $10.75 | 2,000 |
| 2026-05-29 | $10.98 | 1,300 |
| 2026-05-28 | $11.25 | 9,200 |
| 2026-05-27 | $10.96 | 2,000 |
| 2026-05-26 | $10.86 | 6,400 |
| 2026-05-22 | $10.33 | 17,900 |
| 2026-05-21 | $10.30 | 3,400 |
| 2026-05-20 | $9.70 | 3,000 |
| 2026-05-19 | $9.00 | 1,400 |
| 2026-05-18 | $9.10 | 0 |
About SES S.A.
SES S.A. provides satellite-based data transmission capacity and ancillary services worldwide. The company offers content connectivity solutions, including network spanning satellite and ground infrastructure to create, deliver, and manage video and data solutions. It also provides data connectivity services through its fleet of geostationary earth orbit and medium earth orbit satellites, and ground infrastructures to the aviation, media and broadcast, cloud, cruise, energy, government, maritime, and telco and mobile network operator industries. In addition, the company provides linear video aggregation and distribution to direct-to-home, direct-to-cable, and internet protocol TV homes; channel management solutions comprising playout; and capacity, live feeds and redundancy features for sports and events organizations. It serves broadcasters, platform operators, and content owners. The company was formerly known as SES Global SA and changed its name to SES S.A. in December 2006. SES S.A. was founded in 1985 and is headquartered in Betzdorf, Luxembourg.
đ° Latest News
Assessing SES (ENXTPA:SESG) Valuation As Governance Reforms And Share Cancellation Go To A Vote
Simply Wall St. âĸ 2026-05-18T22:13:06ZSES SA (SGBAF) Q1 2026 Earnings Call Highlights: Record Revenue Growth and Strategic Advancements
GuruFocus.com âĸ 2026-05-14T01:01:39ZAssessing SES (ENXTPA:SESG) Valuation After Strong One Year Shareholder Returns
Simply Wall St. âĸ 2026-05-04T01:13:40ZEutelsat CEO says US demand holds despite SpaceX push to curb European rivalsÂ
Reuters âĸ 2026-04-27T05:06:23ZSES SA (SGBAF) (Full Year 2025) Earnings Call Highlights: Robust Revenue Growth Amidst ...
GuruFocus.com âĸ 2026-03-07T01:01:41ZSES SA (SGBAF) Q3 2025 Earnings Call Highlights: Transformational Merger and Revenue Growth ...
GuruFocus.com âĸ 2025-11-06T19:06:18ZIs SES (SGBAF) Stock Undervalued Right Now?
Zacks âĸ 2025-10-08T13:40:03ZShould Value Investors Buy SES (SGBAF) Stock?
Zacks âĸ 2025-09-12T13:40:04ZIncome Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $461,000,000 | $444,000,000 | $351,000,000 | $319,000,000 |
| Cost Of Revenue | $461,000,000 | $444,000,000 | $351,000,000 | $319,000,000 |
| Total Revenue | $2,001,000,000 | $2,030,000,000 | $1,944,000,000 | $1,750,000,000 |
| Operating Revenue | $2,001,000,000 | $2,030,000,000 | $1,944,000,000 | $1,750,000,000 |
| Expenses | ||||
| Interest Expense | $104,000,000 | $86,000,000 | $102,000,000 | $95,000,000 |
| Total Expenses | $1,834,000,000 | $1,759,000,000 | $1,573,000,000 | $1,456,000,000 |
| Rent Expense Supplemental | $157,000,000 | $140,000,000 | $94,000,000 | $68,000,000 |
| Net Non Operating Interest Income Expense | $10,000,000 | $-55,000,000 | $-118,000,000 | $-121,000,000 |
| Total Other Finance Cost | $18,000,000 | $20,000,000 | $22,000,000 | $26,000,000 |
| Interest Expense Non Operating | $104,000,000 | $86,000,000 | $102,000,000 | $95,000,000 |
| Operating Expense | $1,373,000,000 | $1,315,000,000 | $1,222,000,000 | $1,137,000,000 |
| Other Operating Expenses | $168,000,000 | $219,000,000 | $187,000,000 | $163,000,000 |
| Other Non Operating Income Expenses | - | - | - | $32,000,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $15,000,000 | $-905,000,000 | $-34,000,000 | $453,000,000 |
| Net Interest Income | $10,000,000 | $-55,000,000 | $-118,000,000 | $-121,000,000 |
| Interest Income | $132,000,000 | $51,000,000 | $6,000,000 | $0 |
| Normalized Income | $97,170,000 | $-186,675,800 | $170,180,000 | $302,526,000 |
| Net Income From Continuing And Discontinued Operation | $15,000,000 | $-905,000,000 | $-34,000,000 | $453,000,000 |
| Total Operating Income As Reported | $64,000,000 | $-686,000,000 | $140,000,000 | $468,000,000 |
| Average Dilution Earnings | $-15,000,000 | $-36,000,000 | $-36,000,000 | $-41,000,000 |
| Net Income Common Stockholders | $15,000,000 | $-905,000,000 | $-34,000,000 | $453,000,000 |
| Net Income | $15,000,000 | $-905,000,000 | $-34,000,000 | $453,000,000 |
| Net Income Including Noncontrolling Interests | $27,000,000 | $-904,000,000 | $-35,000,000 | $446,000,000 |
| Net Income Continuous Operations | $27,000,000 | $-904,000,000 | $-35,000,000 | $446,000,000 |
| Pretax Income | $82,000,000 | $-728,000,000 | $52,000,000 | $397,000,000 |
| Special Income Charges | $-103,000,000 | $-957,000,000 | $-231,000,000 | $142,000,000 |
| Interest Income Non Operating | $132,000,000 | $51,000,000 | $6,000,000 | $0 |
| Operating Income | $167,000,000 | $271,000,000 | $371,000,000 | $294,000,000 |
| Depreciation And Amortization In Income Statement | $806,000,000 | $692,000,000 | $705,000,000 | $670,000,000 |
| Depreciation Income Statement | $650,000,000 | $603,000,000 | $642,000,000 | $575,000,000 |
| Gross Profit | $1,540,000,000 | $1,586,000,000 | $1,593,000,000 | $1,431,000,000 |
| Per Share | ||||
| Diluted EPS | $0.00 | $-2.14 | $-0.16 | $0.92 |
| Basic EPS | $0.00 | $-2.14 | $-0.16 | $0.92 |
| Other | ||||
| Tax Effect Of Unusual Items | $-16,830,000 | $-238,675,800 | $-41,820,000 | $4,526,000 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $1,091,000,000 | $1,007,000,000 | $1,105,000,000 | $1,731,000,000 |
| Total Unusual Items | $-99,000,000 | $-957,000,000 | $-246,000,000 | $155,000,000 |
| Total Unusual Items Excluding Goodwill | $-99,000,000 | $-957,000,000 | $-246,000,000 | $155,000,000 |
| Reconciled Depreciation | $806,000,000 | $692,000,000 | $705,000,000 | $1,394,000,000 |
| EBITDA (Bullshit earnings) | $992,000,000 | $50,000,000 | $859,000,000 | $1,886,000,000 |
| EBIT | $186,000,000 | $-642,000,000 | $154,000,000 | $492,000,000 |
| Diluted Average Shares | $429,100,000 | $439,100,000 | $554,500,000 | $562,100,000 |
| Basic Average Shares | $424,600,000 | $439,100,000 | $549,900,000 | $558,900,000 |
| Diluted NI Availto Com Stockholders | $0 | $-941,000,000 | $-70,000,000 | $412,000,000 |
| Otherunder Preferred Stock Dividend | $0 | $0 | $0 | $0 |
| Minority Interests | $-12,000,000 | $-1,000,000 | $1,000,000 | $7,000,000 |
| Tax Provision | $55,000,000 | $176,000,000 | $87,000,000 | $-49,000,000 |
| Impairment Of Capital Assets | $123,000,000 | $3,676,000,000 | $397,000,000 | $724,000,000 |
| Restructuring And Mergern Acquisition | $-20,000,000 | $-2,719,000,000 | $-166,000,000 | $-866,000,000 |
| Amortization | $156,000,000 | $89,000,000 | $63,000,000 | $95,000,000 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $2,515,000,000 | $2,781,000,000 | $1,305,000,000 | $1,880,000,000 |
| Total Assets | $10,327,000,000 | $10,184,000,000 | $12,607,000,000 | $12,938,000,000 |
| Total Non Current Assets | $6,025,000,000 | $6,294,000,000 | $10,417,000,000 | $10,075,000,000 |
| Non Current Prepaid Assets | $2,000,000 | $1,000,000 | - | - |
| Non Current Deferred Assets | $1,000,000 | $3,000,000 | $7,000,000 | $9,000,000 |
| Non Current Deferred Taxes Assets | $701,000,000 | $671,000,000 | $499,000,000 | $568,000,000 |
| Investmentin Financial Assets | $34,000,000 | $20,000,000 | $20,000,000 | $26,000,000 |
| Goodwill And Other Intangible Assets | $908,000,000 | $920,000,000 | $4,291,000,000 | $3,790,000,000 |
| Other Intangible Assets | $765,000,000 | $780,000,000 | $2,553,000,000 | $2,270,000,000 |
| Current Assets | $4,302,000,000 | $3,890,000,000 | $2,190,000,000 | $2,863,000,000 |
| Current Deferred Assets | $2,000,000 | $2,000,000 | $4,000,000 | $3,000,000 |
| Restricted Cash | $300,000,000 | $0 | - | - |
| Prepaid Assets | $58,000,000 | $47,000,000 | $47,000,000 | $48,000,000 |
| Inventory | $49,000,000 | $55,000,000 | $34,000,000 | $23,000,000 |
| Taxes Receivable | $23,000,000 | $19,000,000 | $25,000,000 | $13,000,000 |
| Accounts Receivable | $649,000,000 | $860,000,000 | $1,033,000,000 | $1,727,000,000 |
| Cash Cash Equivalents And Short Term Investments | $3,221,000,000 | $2,907,000,000 | $1,047,000,000 | $1,049,000,000 |
| Cash And Cash Equivalents | $3,221,000,000 | $2,907,000,000 | $1,047,000,000 | $1,049,000,000 |
| Cash Equivalents | $2,931,000,000 | $2,624,000,000 | $659,000,000 | $177,000,000 |
| Cash Financial | $290,000,000 | $283,000,000 | $388,000,000 | $872,000,000 |
| Debt | ||||
| Net Debt | $1,299,000,000 | $1,252,000,000 | $3,301,000,000 | $2,532,000,000 |
| Total Debt | $4,571,000,000 | $4,198,000,000 | $4,393,000,000 | $3,614,000,000 |
| Long Term Debt And Capital Lease Obligation | $4,279,000,000 | $3,466,000,000 | $3,659,000,000 | $3,546,000,000 |
| Long Term Debt | $4,247,000,000 | $3,443,000,000 | $3,629,000,000 | $3,524,000,000 |
| Current Debt And Capital Lease Obligation | $292,000,000 | $732,000,000 | $734,000,000 | $68,000,000 |
| Current Debt | $273,000,000 | $716,000,000 | $719,000,000 | $57,000,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $6,835,000,000 | $6,426,000,000 | $6,949,000,000 | $7,205,000,000 |
| Total Non Current Liabilities Net Minority Interest | $5,313,000,000 | $4,407,000,000 | $5,306,000,000 | $4,894,000,000 |
| Other Non Current Liabilities | $426,000,000 | $313,000,000 | $762,000,000 | $490,000,000 |
| Non Current Deferred Taxes Liabilities | $212,000,000 | $205,000,000 | $434,000,000 | $399,000,000 |
| Current Liabilities | $1,522,000,000 | $2,019,000,000 | $1,643,000,000 | $2,311,000,000 |
| Other Current Liabilities | $484,000,000 | $455,000,000 | $392,000,000 | $1,595,000,000 |
| Payables | $151,000,000 | $273,000,000 | $167,000,000 | $296,000,000 |
| Other Payable | $63,000,000 | $52,000,000 | $47,000,000 | $31,000,000 |
| Total Tax Payable | $30,000,000 | $161,000,000 | $39,000,000 | $174,000,000 |
| Accounts Payable | $58,000,000 | $60,000,000 | $81,000,000 | $91,000,000 |
| Tradeand Other Payables Non Current | - | - | - | $472,000,000 |
| Equity | ||||
| Common Stock Equity | $3,423,000,000 | $3,701,000,000 | $5,596,000,000 | $5,670,000,000 |
| Total Equity Gross Minority Interest | $3,492,000,000 | $3,758,000,000 | $5,658,000,000 | $5,733,000,000 |
| Stockholders Equity | $3,423,000,000 | $3,701,000,000 | $5,596,000,000 | $5,670,000,000 |
| Other Equity Interest | $588,000,000 | $625,000,000 | $1,175,000,000 | $1,175,000,000 |
| Retained Earnings | $15,000,000 | $-905,000,000 | $-34,000,000 | $453,000,000 |
| Other | ||||
| Treasury Shares Number | $32,641,598 | $9,615,110 | $6,565,553 | $19,748,429 |
| Ordinary Shares Number | $413,107,521 | $436,134,010 | $439,183,567 | $440,400,691 |
| Share Issued | $445,749,119 | $445,749,120 | $445,749,120 | $460,149,120 |
| Tangible Book Value | $2,515,000,000 | $2,781,000,000 | $1,305,000,000 | $1,880,000,000 |
| Invested Capital | $7,943,000,000 | $7,860,000,000 | $9,944,000,000 | $9,251,000,000 |
| Working Capital | $2,780,000,000 | $1,871,000,000 | $547,000,000 | $552,000,000 |
| Capital Lease Obligations | $51,000,000 | $39,000,000 | $45,000,000 | $33,000,000 |
| Total Capitalization | $7,670,000,000 | $7,144,000,000 | $9,225,000,000 | $9,194,000,000 |
| Minority Interest | $69,000,000 | $57,000,000 | $62,000,000 | $63,000,000 |
| Treasury Stock | $198,000,000 | $95,000,000 | $80,000,000 | $189,000,000 |
| Additional Paid In Capital | $1,564,000,000 | $1,564,000,000 | $1,564,000,000 | $1,636,000,000 |
| Capital Stock | $696,000,000 | $696,000,000 | $696,000,000 | $719,000,000 |
| Common Stock | $696,000,000 | $696,000,000 | $696,000,000 | $719,000,000 |
| Non Current Pension And Other Postretirement Benefit Plans | $14,000,000 | $13,000,000 | $15,000,000 | $17,000,000 |
| Non Current Deferred Revenue | $361,000,000 | $384,000,000 | $429,000,000 | $436,000,000 |
| Long Term Capital Lease Obligation | $32,000,000 | $23,000,000 | $30,000,000 | $22,000,000 |
| Long Term Provisions | $3,000,000 | $3,000,000 | $7,000,000 | $6,000,000 |
| Current Capital Lease Obligation | $19,000,000 | $16,000,000 | $15,000,000 | $11,000,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $69,000,000 | $90,000,000 | $69,000,000 | $75,000,000 |
| Current Provisions | $128,000,000 | $88,000,000 | $67,000,000 | $56,000,000 |
| Available For Sale Securities | $34,000,000 | $20,000,000 | $20,000,000 | $26,000,000 |
| Goodwill | $143,000,000 | $140,000,000 | $1,738,000,000 | $1,520,000,000 |
| Net PPE | $4,272,000,000 | $4,592,000,000 | $5,489,000,000 | $5,561,000,000 |
| Accumulated Depreciation | $-9,216,000,000 | $-8,547,000,000 | $-9,252,000,000 | $-8,374,000,000 |
| Gross PPE | $13,488,000,000 | $13,139,000,000 | $14,741,000,000 | $13,935,000,000 |
| Construction In Progress | $1,348,000,000 | $1,550,000,000 | $1,859,000,000 | $1,788,000,000 |
| Other Properties | $10,830,000,000 | $10,241,000,000 | $11,368,000,000 | $10,709,000,000 |
| Machinery Furniture Equipment | $266,000,000 | $300,000,000 | $312,000,000 | $277,000,000 |
| Land And Improvements | $1,044,000,000 | $1,048,000,000 | $1,202,000,000 | $1,161,000,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $40,000,000 | $46,000,000 | - | - |
| Work In Process | $9,000,000 | $9,000,000 | - | - |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $703,000,000 | $3,074,000,000 | $117,000,000 | $1,014,000,000 |
| Operating Activities | ||||
| Operating Cash Flow | $1,006,000,000 | $3,479,000,000 | $1,471,000,000 | $1,294,000,000 |
| Investing Activities | ||||
| Capital Expenditure | $-303,000,000 | $-405,000,000 | $-1,354,000,000 | $-280,000,000 |
| Investing Cash Flow | $-159,000,000 | $-370,000,000 | $-1,793,000,000 | $-283,000,000 |
| Net Other Investing Changes | $-14,000,000 | $-10,000,000 | $-9,000,000 | $-3,000,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-128,000,000 | $-22,000,000 | $0 | $-119,000,000 |
| Issuance Of Capital Stock | $0 | $1,000,000 | $4,000,000 | $1,000,000 |
| Financing Cash Flow | $-375,000,000 | $-1,126,000,000 | $305,000,000 | $-1,127,000,000 |
| Net Other Financing Charges | $-2,000,000 | $1,000,000 | $2,000,000 | - |
| Cash Dividends Paid | $-320,000,000 | $-220,000,000 | $-219,000,000 | $-181,000,000 |
| Common Stock Dividend Paid | $-320,000,000 | $-220,000,000 | $-219,000,000 | $-181,000,000 |
| Net Common Stock Issuance | $-128,000,000 | $-21,000,000 | $4,000,000 | $-118,000,000 |
| Common Stock Issuance | $0 | $1,000,000 | $4,000,000 | $1,000,000 |
| Other | ||||
| Repayment Of Debt | $-752,000,000 | $-706,000,000 | $-57,000,000 | $-1,382,000,000 |
| Issuance Of Debt | $1,034,000,000 | $0 | $744,000,000 | $776,000,000 |
| End Cash Position | $3,521,000,000 | $2,907,000,000 | $1,047,000,000 | $1,049,000,000 |
| Beginning Cash Position | $2,907,000,000 | $1,047,000,000 | $1,049,000,000 | $1,162,000,000 |
| Effect Of Exchange Rate Changes | $142,000,000 | $-123,000,000 | $15,000,000 | $3,000,000 |
| Changes In Cash | $472,000,000 | $1,983,000,000 | $-17,000,000 | $-116,000,000 |
| Interest Paid Cff | $-159,000,000 | $-158,000,000 | $-152,000,000 | $-206,000,000 |
| Common Stock Payments | $-128,000,000 | $-22,000,000 | $0 | $-119,000,000 |
| Net Issuance Payments Of Debt | $282,000,000 | $-706,000,000 | $687,000,000 | $-606,000,000 |
| Net Long Term Debt Issuance | $282,000,000 | $-706,000,000 | $687,000,000 | $-606,000,000 |
| Long Term Debt Payments | $-752,000,000 | $-706,000,000 | $-57,000,000 | $-1,382,000,000 |
| Long Term Debt Issuance | $1,034,000,000 | $0 | $744,000,000 | $776,000,000 |
| Interest Received Cfi | $158,000,000 | $45,000,000 | $5,000,000 | - |
| Net Intangibles Purchase And Sale | $-23,000,000 | $-22,000,000 | $-42,000,000 | $-37,000,000 |
| Purchase Of Intangibles | $-23,000,000 | $-22,000,000 | $-42,000,000 | $-37,000,000 |
| Net PPE Purchase And Sale | $-280,000,000 | $-383,000,000 | $-1,312,000,000 | $-243,000,000 |
| Purchase Of PPE | $-280,000,000 | $-383,000,000 | $-1,312,000,000 | $-243,000,000 |
| Taxes Refund Paid | $-168,000,000 | $-442,000,000 | $-186,000,000 | $-31,000,000 |
| Change In Working Capital | $231,000,000 | $118,000,000 | $449,000,000 | $-456,000,000 |
| Change In Other Current Assets | $-19,000,000 | $137,000,000 | $1,000,000 | $42,000,000 |
| Change In Payable | $205,000,000 | $-4,000,000 | $8,000,000 | $-25,000,000 |
| Change In Prepaid Assets | $7,000,000 | $-2,000,000 | $4,000,000 | $15,000,000 |
| Change In Inventory | $0 | $-26,000,000 | $-6,000,000 | $4,000,000 |
| Change In Receivables | $38,000,000 | $13,000,000 | $442,000,000 | $-492,000,000 |
| Other Non Cash Items | $-68,000,000 | $163,000,000 | $54,000,000 | $-10,000,000 |
| Depreciation And Amortization | $806,000,000 | $692,000,000 | $705,000,000 | $1,394,000,000 |
| Amortization Cash Flow | $156,000,000 | $89,000,000 | $63,000,000 | - |
| Depreciation | $650,000,000 | $603,000,000 | $642,000,000 | $1,394,000,000 |
| Net Income From Continuing Operations | $82,000,000 | $-728,000,000 | $52,000,000 | $397,000,000 |
| Net Business Purchase And Sale | - | $0 | $-435,000,000 | $0 |
| Purchase Of Business | - | $0 | $-435,000,000 | $0 |