Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 18.7B | 16.9B | 16.8B | 17.9B |
| Net income | 15.0B | 14.7B | 14.8B | 14.4B |
| Depreciation | 2.9B | 2.7B | 2.8B | 2.7B |
| Deferred taxes | -244M | -453M | -402M | -258M |
| StockBased compensation | 562M | 545M | 528M | 540M |
| Other non cash items | 968M | 564M | 229M | 135M |
| Accounts receivable | -766M | -307M | -694M | -342M |
| Accounts payable | 1.8B | 313M | 1.4B | 1.4B |
| Other assets liabilities | -1.5B | -1.2B | -1.9B | -678M |
| Investing activities | -182M | -438M | -1.3B | -102M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | -21M | -765M | -1.4B | -34M |
| Purchase of investments | — | — | 0 | -55M |
| Sale of investments | — | — | 3M | 0 |
| Other investing activity | -161M | 327M | 113M | -13M |
| Financing activities | -24.4B | -29.8B | -28.4B | -34.2B |
| Long term debt issuance | 3.2B | 4.0B | 4.4B | 4.4B |
| Long term debt payments | -10.0B | -18.2B | -13.8B | -16.0B |
| Short term debt issuance | -3.3B | 818M | -150M | -3.3B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -5.0B | -7.4B | -10.0B | -11.0B |
| Common dividends | -9.3B | -9.0B | -8.8B | -8.3B |
| Other financing charges | — | — | — | — |
| End cash position | 9.5B | 8.2B | 7.2B | 10.3B |
| Income tax paid | 4.4B | 4.3B | 3.8B | 3.8B |
| Interest paid | 878M | 721M | 451M | 531M |
| Free cash flow | 16.5B | 13.8B | 13.6B | 15.6B |