Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 21.2B | -16.0B | 13.6B | 14.0B |
| Net income | 9.3B | 10.5B | 5.5B | 6.8B |
| Depreciation | 673M | 674M | 711M | 834M |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 354M | -2.4B | 5.5B | 415M |
| Accounts receivable | — | — | — | — |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 10.8B | -24.8B | 1.9B | 6.0B |
| Investing activities | -6.0B | -8.5B | -5.3B | 6.2B |
| Capital expenditures | -282M | -189M | -148M | -145M |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | 0 | 7M | 27M |
| Purchase of investments | -131.6B | -70.0B | -43.7B | -58.4B |
| Sale of investments | 125.8B | 61.6B | 38.5B | 64.7B |
| Other investing activity | — | 1M | — | -1M |
| Financing activities | 9.2B | 21.9B | 6.4B | 7.0B |
| Long term debt issuance | 129.3B | 118.7B | 93.7B | 88.3B |
| Long term debt payments | -116.2B | -93.8B | -84.2B | -78.9B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -3.9B | -3.0B | -3.1B | -2.4B |
| Other financing charges | 1M | — | -1M | 1M |
| End cash position | 69.1B | 93.0B | 95.4B | 107.7B |
| Income tax paid | — | — | — | — |
| Interest paid | 41.2B | 33.7B | 14.2B | 8.7B |
| Free cash flow | -22.9B | -11.6B | -11.3B | -15.1B |