Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 48.6B | 49.8B | 45.6B | 54.2B |
| Net income | 56.5B | 32.2B | 64.5B | 74.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 686M | 792M | 861M | 905M |
| Other non cash items | 323M | -2.3B | 1.3B | 2.9B |
| Accounts receivable | -3.9B | 12.2B | -17.8B | -29.0B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -5.1B | 6.9B | -3.2B | 4.8B |
| Investing activities | -2.1B | -14.7B | -4.2B | 3.7B |
| Capital expenditures | -4.8B | -7.4B | -9.7B | -8.4B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -1.6B | -7.5B | -10.7B | -45.9B |
| Purchase of investments | -238.4B | -181.3B | -216.4B | -221.5B |
| Sale of investments | 242.2B | 181.0B | 232.2B | 278.8B |
| Other investing activity | 539M | 487M | 235M | 729M |
| Financing activities | -50.0B | -39.6B | -43.8B | -40.3B |
| Long term debt issuance | 80M | 0 | 658M | 621M |
| Long term debt payments | -325M | -263M | -321M | -211M |
| Short term debt issuance | -10.5B | -425M | -1.9B | -2.0B |
| Common stock issuance | 90M | 238M | 442M | 868M |
| Common stock repurchase | — | — | — | — |
| Common dividends | -38.4B | -39.2B | -42.6B | -39.8B |
| Other financing charges | -927M | — | — | 307M |
| End cash position | 43.2B | 43.5B | 40.6B | 37.9B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 51.9B | 55.9B | 45.6B | 43.3B |