Analysts expect the firm's revenues, earnings, capital expenditures and depreciation to grow at $7\mathrm{.}7\%$ a year from $2024$ to $2026,$ after which time the growth rate is expected to drop to $3\%.$

$$Depreciation expense for $2023$ is $$5\mathrm{.}182$ billion. The company is expected to maintain it's $2023$ effective tax rate into the future.

$$Capital spending is expected to offset depreciation in the stable state period.

$$The yield on $30-$year treasury bonds is $4\mathrm{.}60\%$ and the equity market risk premium $($long term$)$ is $5\mathrm{.}6\%.$ Yield on $90-$Days Treasury Bills is $4\mathrm{.}37\%.$

$$The shares outstanding as of $4/25/2023$ was $4,600,000,000$ and the stock price was $$60$ per share. The company's stock has a Beta of $0\mathrm{.}88.$

$$The average price of the company's long$-$term corporate Bonds was $103\mathrm{.}95$ with an average yield to maturity of $5\mathrm{.}76\%.$ The company's long$-$term bonds have a bond rating of AA$.$