Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -38.2B | 40.6B | 21.8B | 7.1B |
| Net income | 14.2B | 17.2B | 18.5B | 16.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -647M | -1.1B | 230M | -416M |
| Accounts receivable | -10.0B | 13.3B | -7.6B | 2.0B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -41.7B | 11.1B | 10.7B | -10.8B |
| Investing activities | -5.7B | -8.2B | -9.7B | -2.9B |
| Capital expenditures | -6.2B | -2.6B | -2.4B | -3.4B |
| Net intangibles | -255M | -179M | -134M | -134M |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -15.2B | -15.9B | -14.3B | -100M |
| Sale of investments | 15.6B | 10.2B | 6.6B | 342M |
| Other investing activity | 76M | 104M | 408M | 252M |
| Financing activities | -5.3B | -7.9B | -7.4B | -3.7B |
| Long term debt issuance | 10.1B | — | — | — |
| Long term debt payments | -9.1B | — | — | — |
| Short term debt issuance | — | -1.2B | 0 | -456M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -3B | -2.8B | -3B | -1.8B |
| Common dividends | -3.3B | -3.8B | -4.3B | -1.4B |
| Other financing charges | -98M | -138M | -150M | -106M |
| End cash position | 46.8B | 76.7B | 66.0B | 62.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -24.7B | 24.0B | 17.8B | -5.2B |