Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 9.4B | 13.5B | 1.5B | 6.1B |
| Net income | 14.9B | 12.7B | 10.3B | 7.8B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -935M | -526M | -459M | -657M |
| Accounts receivable | -2.2B | -1.9B | -2.2B | -771M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -2.3B | 3.1B | -6.2B | -342M |
| Investing activities | -5.6B | -6.5B | -3.6B | -1.5B |
| Capital expenditures | -5.7B | -6.5B | -3.4B | -874M |
| Net intangibles | -149M | -901M | -857M | -815M |
| Net acquisitions | — | — | 0 | -250M |
| Purchase of investments | -459M | -491M | -829M | -542M |
| Sale of investments | 369M | 619M | 785M | 192M |
| Other investing activity | 207M | -69M | -132M | -3M |
| Financing activities | -1.9B | 1.4B | -124M | -1.6B |
| Long term debt issuance | 5.6B | 2.1B | 1.7B | 350M |
| Long term debt payments | -982M | -705M | -578M | -893M |
| Short term debt issuance | -2.3B | 2.3B | 0 | -86M |
| Common stock issuance | — | — | 567M | 0 |
| Common stock repurchase | -2.4B | -1.1B | -834M | -318M |
| Common dividends | -1.7B | -1.2B | -960M | -656M |
| Other financing charges | -41M | -11M | -19M | -17M |
| End cash position | 29B | 23.2B | 16.4B | 17.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 7.0B | 5.0B | -1.3B | 5.7B |