Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 698.3B | 709.9B | 671.4B | 1.1T |
| Net income | 1.1T | 1.3T | 1.3T | 1.3T |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 49.7B | 1.5B | 93.4B | -61.1B |
| Accounts receivable | -250.0B | -586.5B | -525.3B | 828M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -183.8B | -50.2B | -189.5B | -54.5B |
| Investing activities | -2.0T | -2.0T | -1.8T | -1.7T |
| Capital expenditures | -2.0T | -1.8T | -1.9T | -1.8T |
| Net intangibles | — | — | — | — |
| Net acquisitions | -19.7B | -212.7B | -28.0B | -105.8B |
| Purchase of investments | -111.6B | -90.6B | -76.5B | -125.8B |
| Sale of investments | 188.0B | 148.6B | 109.2B | 187.2B |
| Other investing activity | -23.0B | -24.7B | 93.0B | 77.0B |
| Financing activities | 144.7B | 227.7B | 164.9B | -1.2T |
| Long term debt issuance | 1.5T | 1.1T | 1.1T | 1.7T |
| Long term debt payments | -966.7B | -626.5B | -693.4B | -401.9B |
| Short term debt issuance | -2.0B | 134.5B | 295.6B | -1.9T |
| Common stock issuance | — | — | — | 58M |
| Common stock repurchase | — | — | — | -253.7B |
| Common dividends | -436.8B | -417.4B | -419.5B | -397.0B |
| Other financing charges | 9.3B | 51.7B | -108.6B | -16.0B |
| End cash position | 1.0T | 982.9B | 793.9B | 834.6B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 231.7B | 290.2B | 409.1B | 1.3T |