Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 33.1B | 17.1B | 14.0B | 21.2B |
| Net income | 29.4B | 30.2B | 22.6B | 26.7B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -5.4B | 1.1B | 541M | -1.3B |
| Accounts receivable | 12.2B | -15.8B | -4.0B | -1.2B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -3.1B | 1.6B | -5.2B | -3.0B |
| Investing activities | -27.3B | -34.7B | -19.4B | 4.6B |
| Capital expenditures | -28.1B | -30.5B | -25.7B | -12.5B |
| Net intangibles | -1.4B | -595M | -966M | -1.0B |
| Net acquisitions | 109M | 0 | -1.6B | 0 |
| Purchase of investments | -22.5B | -12.2B | -19.5B | -28.4B |
| Sale of investments | 23.3B | 7.9B | 27.0B | 45.0B |
| Other investing activity | -173M | 79M | 341M | 381M |
| Financing activities | 2.8B | 17.1B | -19.0B | -24.9B |
| Long term debt issuance | 10B | 25B | 0 | — |
| Long term debt payments | — | 0 | -535M | -3.5B |
| Short term debt issuance | -504M | 41M | -235M | -1.3B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | 0 | -240M | -12.0B | -12B |
| Common dividends | -7.0B | -6.5B | -6.7B | -6.7B |
| Other financing charges | 285M | -1.2B | 443M | -1.4B |
| End cash position | 51.0B | 37.7B | 30.3B | 49.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 9.6B | -6.8B | -7.4B | 8.8B |