Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 27.0B | 26.1B | 22.1B | 20.0B |
| Net income | 26.7B | 23.5B | 18.5B | 12.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 2.3B | 2.5B | 3.2B | 7.3B |
| Accounts receivable | -350M | 715.4M | -3.1B | -1.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -1.7B | -670.1M | 3.5B | 1.5B |
| Investing activities | -5.6B | -1.8B | -24.3B | -2.0B |
| Capital expenditures | -5.9B | -3.0B | -4.2B | -2.0B |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | 0 | -20B | 0 |
| Purchase of investments | -120M | — | -603.8M | -347.9M |
| Sale of investments | 450M | 1.2B | 474M | 267M |
| Other investing activity | — | — | — | — |
| Financing activities | -24.1B | -23.8B | 4.0B | -14.9B |
| Long term debt issuance | — | 0 | 14.0B | 0 |
| Long term debt payments | -9.3B | -12.4B | -9.7B | -10.3B |
| Short term debt issuance | -4.0B | -1.3B | 8.4B | 2.2B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -10.8B | -10.2B | -8.6B | -6.8B |
| Other financing charges | — | — | — | — |
| End cash position | 5.7B | 8.4B | 5.1B | 4.0B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 19.7B | 28.3B | 17.9B | 16.0B |