Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 61.7B | 125.7B | 68.6B | 73.1B |
| Net income | 150.7B | 168B | 118.5B | 108.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -24.6B | -53.7B | -13.0B | -10.3B |
| Accounts receivable | -64.4B | 16.0B | -36.5B | -27.3B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -23M | -4.6B | -456M | 2.2B |
| Investing activities | -175.5B | -94.9B | -80.2B | -97.7B |
| Capital expenditures | -21.6B | -18.2B | -18.3B | -18.0B |
| Net intangibles | — | — | — | — |
| Net acquisitions | 147.9B | 4.8B | 25.1B | 3.6B |
| Purchase of investments | -298.9B | -220.3B | -139.6B | -119.0B |
| Sale of investments | — | 138.6B | 52.1B | 36.6B |
| Other investing activity | -2.9B | 332M | 499M | -871M |
| Financing activities | 68.1B | 56.7B | 70.4B | 51.4B |
| Long term debt issuance | 211.3B | 137.5B | 130.8B | 159.9B |
| Long term debt payments | -45.4B | -71.7B | -43.8B | -73.2B |
| Short term debt issuance | -58.0B | 36.9B | 15.2B | 7.5B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -10.0B | -13.0B | -7.1B | -14.8B |
| Common dividends | -30.2B | -26.0B | -23.8B | -21.8B |
| Other financing charges | 435M | -7.1B | -931M | -6.1B |
| End cash position | 470.3B | 494.9B | 389.4B | 338.2B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 63.3B | 111.9B | 36.5B | 33.0B |