Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 11.4B | 14.6B | 7.1B | 9.7B |
| Net income | 5.6B | 6.1B | 2.9B | 6.3B |
| Depreciation | 5.2B | 4.6B | 4.3B | 3.9B |
| Deferred taxes | 719M | 1.4B | 957M | 1.1B |
| StockBased compensation | — | — | — | — |
| Other non cash items | 218M | 393M | -1.0B | -73M |
| Accounts receivable | -1.7B | 1.1B | -555M | -1.1B |
| Accounts payable | 1.4B | -1.6B | 601M | 704M |
| Other assets liabilities | -4M | 2.6B | -116M | -1.1B |
| Investing activities | -10.8B | -2.3B | -1.2B | -3.1B |
| Capital expenditures | — | — | — | — |
| Net intangibles | -219M | -222M | -174M | -275M |
| Net acquisitions | -10.7B | -954M | -306M | -3.8B |
| Purchase of investments | — | -1.3B | -1.0B | -640M |
| Sale of investments | — | — | — | — |
| Other investing activity | -54M | -88M | 135M | 1.3B |
| Financing activities | 3.5B | -2.9B | -5.4B | 1.2B |
| Long term debt issuance | 9.6B | 15.4B | 7.5B | 8.0B |
| Long term debt payments | -6.6B | -4.8B | -4.2B | -2.3B |
| Short term debt issuance | 6.7B | -9.8B | -852M | 3.4B |
| Common stock issuance | 2.5B | 4.5B | 3M | 5M |
| Common stock repurchase | 0 | -125M | -1.2B | -415M |
| Common dividends | -8.3B | -7.6B | -7.3B | -7.1B |
| Other financing charges | -369M | -437M | 532M | -343M |
| End cash position | 2B | 6.0B | 907M | 320M |
| Income tax paid | 861M | 578M | 495M | 489M |
| Interest paid | 4.1B | 3.4B | 2.9B | 2.4B |
| Free cash flow | 5.7B | 9.3B | 6.4B | 1.2B |