Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 58.9B | 61.7B | 39.1B | 45.1B |
| Net income | 65.5B | 57.5B | 53.3B | 48.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 5.6B | 2.9B | -2.0B | -198M |
| Accounts receivable | -22.4B | -2.2B | -12.8B | -1.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 10.2B | 3.6B | 514M | -2.0B |
| Investing activities | -268.2B | -14.9B | -10.4B | -11.1B |
| Capital expenditures | -8.8B | -4.5B | -9.7B | -10.1B |
| Net intangibles | -7.2B | -5.0B | -4.6B | -3.9B |
| Net acquisitions | -258.4B | -5.4B | -203M | -296M |
| Purchase of investments | -46.6B | -36.3B | -1.3B | -683M |
| Sale of investments | 45.2B | 32.2B | 1.4B | 268M |
| Other investing activity | 313M | -904M | -568M | -213M |
| Financing activities | 177.7B | -17.4B | -20.0B | -23.2B |
| Long term debt issuance | 310.9B | 21.5B | 12.3B | 16.5B |
| Long term debt payments | -111.9B | -22.0B | -17B | -25.1B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -20.6B | -16.9B | -15.4B | -14.6B |
| Other financing charges | -691M | -10M | 139M | -11M |
| End cash position | 105.6B | 144.4B | 121.4B | 121.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 50.8B | 58.3B | 29.3B | 45.0B |