Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 1.5B | 1.5B | 430M | 329M |
| Net income | 844M | 502M | -202M | 256M |
| Depreciation | 500M | 522M | 540M | 504M |
| Deferred taxes | 27M | -64M | 42M | -61M |
| StockBased compensation | 126M | 80M | 37M | 139M |
| Other non cash items | -5M | 32M | -10M | 45M |
| Accounts receivable | — | — | — | — |
| Accounts payable | 137M | 42M | -540M | 186M |
| Other assets liabilities | -165M | 371M | 563M | -740M |
| Investing activities | -692M | -334M | -227M | -446M |
| Capital expenditures | -440M | -344M | -227M | -694M |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | 9M | 0 | -156M |
| Purchase of investments | -409M | 0 | 0 | -753M |
| Sale of investments | 162M | 0 | 0 | 1.2B |
| Other investing activity | -5M | 1M | — | -5M |
| Financing activities | -353M | -944M | -21M | -1.5B |
| Long term debt issuance | 0 | 0 | 0 | 1.5B |
| Long term debt payments | 0 | -350M | 0 | -2.5B |
| Short term debt issuance | — | -350M | 350M | 0 |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -75M | 0 | -123M | -201M |
| Common dividends | -225M | -222M | -220M | -226M |
| Other financing charges | -53M | -22M | -28M | -52M |
| End cash position | 2.4B | 1.9B | 1.3B | 902M |
| Income tax paid | 237M | 49M | — | 215M |
| Interest paid | 63M | 74M | 76M | 180M |
| Free cash flow | 1.0B | 1.1B | -78M | 115M |