Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 415M | 670M | -1.1B | -1.2B |
| Net income | -190M | 72M | 105M | 342M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -30M | 169M | 249M | -109M |
| Accounts receivable | 268M | -389M | 53M | -14M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 367M | 818M | -1.5B | -1.5B |
| Investing activities | -301M | -576M | -341M | -346M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | 0 | -10M | 0 |
| Purchase of investments | -282M | -171M | -143M | -126M |
| Sale of investments | 400M | 176M | 274M | 90M |
| Other investing activity | -419M | -581M | -462M | -310M |
| Financing activities | -999M | -711M | -472M | 499M |
| Long term debt issuance | 3.6B | 4.3B | 4.3B | 5.2B |
| Long term debt payments | -4.4B | -4.6B | -4.5B | -4.4B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | 0 | -92M | 0 | 0 |
| Common dividends | -282M | -286M | -286M | -286M |
| Other financing charges | 62M | -1M | -1M | -2M |
| End cash position | 5.1B | 6.3B | 6.5B | 8.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 118M | 984M | -1.2B | 34M |