Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 6.8B | 10.2B | 11.3B | 7.5B |
| Net income | 8.2B | 10.7B | 13.2B | 11.6B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 0 | 30M | 140M | 210M |
| Other non cash items | 4B | 2.1B | 3B | 1.2B |
| Accounts receivable | -660M | -1.4B | -300M | -1.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -4.7B | -1.2B | -4.8B | -3.8B |
| Investing activities | -24.1B | -28.8B | -24.0B | -11.5B |
| Capital expenditures | -26.3B | -27.2B | -27.0B | -17.6B |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | 6B | 0 | 350M |
| Purchase of investments | -540M | -7.6B | -330M | -60M |
| Sale of investments | 2.7B | 0 | 3.3B | 5.8B |
| Other investing activity | — | — | — | -10M |
| Financing activities | 4.8B | 3.1B | 1.6B | -9.8B |
| Long term debt issuance | 4.7B | 13.9B | 15.3B | 5.7B |
| Long term debt payments | -2.6B | -5.6B | -8.7B | -13.4B |
| Short term debt issuance | 4.4B | -3.5B | -3.4B | -1.2B |
| Common stock issuance | 0 | 30M | 0 | 50M |
| Common stock repurchase | — | — | — | 0 |
| Common dividends | -1.7B | -1.7B | -1.7B | -1B |
| Other financing charges | — | — | — | — |
| End cash position | 1.5B | 3.4B | 2.3B | 1.4B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -5.5B | -1.9B | -4.6B | 1.6B |