Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 1.3B | 14.9B | 6.2B | 5.8B |
| Net income | 19.3B | 17.2B | 13.3B | 10.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -2.2B | 812M | -3.7B | 138M |
| Accounts receivable | 827M | -3.9B | -986M | 954M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -16.6B | 683M | -2.4B | -5.5B |
| Investing activities | -20.1B | -9.6B | -22.7B | -6.9B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | 0 | -16.5B | 0 |
| Purchase of investments | -1.7B | -198M | -1.3B | -94M |
| Sale of investments | 894M | 1.6B | 714M | 748M |
| Other investing activity | -19.3B | -11.0B | -5.6B | -7.6B |
| Financing activities | 8.7B | -13.7B | 417M | -14.3B |
| Long term debt issuance | 23.0B | 0 | 20B | 8.5B |
| Long term debt payments | -11.2B | -9.5B | -16.1B | -17.2B |
| Short term debt issuance | 469M | -488M | -1.2B | -4.0B |
| Common stock issuance | 77M | 242M | 9M | 43M |
| Common stock repurchase | 0 | -1B | 0 | -58M |
| Common dividends | -3.7B | -2.9B | -1.8B | -1.6B |
| Other financing charges | -1M | — | -444M | -2M |
| End cash position | 84.1B | 66.5B | 44.0B | 48.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 28.2B | 38.6B | 20.3B | 13.5B |