Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 2.1B | 1.7B | -1.7B | -3.4B |
| Net income | 2.0B | 722M | 1.2B | 1.8B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -121M | 992M | 889M | -451M |
| Accounts receivable | 773M | -177M | -461M | -2.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -509M | 114M | -3.3B | -2.6B |
| Investing activities | -2.5B | -1.8B | -4.5B | -4.3B |
| Capital expenditures | -2.8B | -1.9B | -4.8B | -4.3B |
| Net intangibles | -57M | -91M | -60M | -166M |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -1M | -6M | -8M | -11M |
| Sale of investments | 421M | 108M | 154M | 0 |
| Other investing activity | -68M | -25M | 114M | -28M |
| Financing activities | -1.8B | -883M | 1.4B | 3.5B |
| Long term debt issuance | 5.8B | 5.7B | 7.2B | 7.6B |
| Long term debt payments | -5.7B | -6.2B | -6.7B | -4.4B |
| Short term debt issuance | -1.5B | -61M | 1.3B | 656M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | 0 | 0 | -156M | 0 |
| Common dividends | -357M | -315M | -319M | -319M |
| Other financing charges | -2M | -2M | -4M | -3M |
| End cash position | 5.7B | 6.6B | 5.9B | 7.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 393M | 1.4B | -3.2B | -5.0B |