Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 11.3B | 19.1B | 23.5B | 4.5B |
| Net income | 5.7B | 8.2B | 27.2B | 16.9B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 6.9B | 3.1B | 3.7B | 2.5B |
| Accounts receivable | -920M | 8.1B | -5.1B | -8.8B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -340M | -230M | -2.4B | -6.1B |
| Investing activities | -19.4B | -11.8B | -10.4B | -9.3B |
| Capital expenditures | -19.5B | -18.2B | -15.4B | -12.7B |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -50.6B | -38.3B | -46.7B | -50.6B |
| Sale of investments | 49.2B | 45.3B | 47.9B | 52.2B |
| Other investing activity | 1.5B | -640M | 3.9B | 1.7B |
| Financing activities | 6.8B | -18.0B | -15.1B | -2.9B |
| Long term debt issuance | 25.0B | 19.7B | 38.9B | 29.9B |
| Long term debt payments | -26.9B | -31.1B | -50.9B | -30.3B |
| Short term debt issuance | 12.5B | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -3.8B | -4.5B | -3.2B | -2.6B |
| Other financing charges | — | -2.1B | 10M | 4.7M |
| End cash position | 5.5B | 4.3B | 5.1B | 7.6B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -2.4B | 11.8B | 13.9B | 3.7B |