Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 16.9B | 23.4B | -11.1B | 8.9B |
| Net income | 21.8B | 19.8B | 13.6B | 10.9B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -543M | -638M | 1.1B | 1.9B |
| Accounts receivable | -197M | 387M | -9.9B | -1.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -4.1B | 3.9B | -15.9B | -2.8B |
| Investing activities | -2.7B | 846M | -3.6B | -1.4B |
| Capital expenditures | -3.1B | 845M | -4.3B | -1.7B |
| Net intangibles | -840M | -715M | -894M | -759M |
| Net acquisitions | -195M | -100M | 0 | -32M |
| Purchase of investments | -183M | -438M | -56M | -193M |
| Sale of investments | 665M | 140M | 197M | 531M |
| Other investing activity | 131M | 399M | 585M | -61M |
| Financing activities | -3.6B | -13.6B | 11.3B | -8.4B |
| Long term debt issuance | 0 | 2B | 7.9B | 940M |
| Long term debt payments | -478M | -5.0B | -2.7B | -4.1B |
| Short term debt issuance | 549M | -8.7B | 7.8B | -4.0B |
| Common stock issuance | — | 0 | 0 | 0 |
| Common stock repurchase | -20M | -12M | -5M | -3M |
| Common dividends | -3.7B | -1.9B | -1.7B | -1.3B |
| Other financing charges | -1M | -4M | -1M | — |
| End cash position | 32.4B | 32.0B | 23.8B | 24.4B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 2.9B | 19.4B | -13.3B | 9.4B |