Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 11.0B | 15.6B | 12.3B | 14.6B |
| Net income | 12.9B | 11.2B | 13.1B | 13.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -199M | -479M | -500M | 994M |
| Accounts receivable | -2.8B | 2.5B | 1.6B | 469M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 1.0B | 2.5B | -2.0B | -434M |
| Investing activities | -953M | -5.3B | -5.4B | -5.4B |
| Capital expenditures | -1.6B | -5.4B | -5.3B | -5.6B |
| Net intangibles | -184M | -166M | -249M | -234M |
| Net acquisitions | 94M | 0 | — | — |
| Purchase of investments | -1M | -1M | -2M | -1M |
| Sale of investments | 0 | 166M | 0 | 325M |
| Other investing activity | 555M | -24M | -107M | -53M |
| Financing activities | -10.2B | -10.1B | -9.6B | -8.6B |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | -98M | 0 | — | — |
| Short term debt issuance | -98M | 76M | 0 | — |
| Common stock issuance | 0 | 47M | 44M | 0 |
| Common stock repurchase | 0 | -199M | 0 | 0 |
| Common dividends | -9.1B | -9.1B | -9.0B | -8.7B |
| Other financing charges | -939M | -919M | -643M | 122M |
| End cash position | 39.2B | 34.4B | 34.3B | 35.2B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 12.0B | 8.9B | 7.6B | 5B |