Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 51B | 33.7B | 37.5B | 42.1B |
| Net income | 59.5B | 51.8B | 56.6B | 54.2B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -6.1B | -719M | -4.3B | -115M |
| Accounts receivable | -217M | -4.9B | -2.4B | -5.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -2.2B | -12.4B | -12.4B | -6.2B |
| Investing activities | -15.4B | -17.2B | -18.4B | -7.9B |
| Capital expenditures | -16.2B | -19.4B | -19.0B | -11.7B |
| Net intangibles | -2.2B | -1.6B | -1.2B | -1.1B |
| Net acquisitions | -1.1B | 83M | -25M | -22M |
| Purchase of investments | -216M | -125M | -506M | -190M |
| Sale of investments | 1M | 1.7B | 2.5B | 4.2B |
| Other investing activity | 2.1B | 557M | -1.4B | -257M |
| Financing activities | -35.7B | -22.1B | -24.9B | -27.8B |
| Long term debt issuance | 10B | 580M | 780M | 550M |
| Long term debt payments | -652M | -624M | -552M | -552M |
| Short term debt issuance | -10.8B | 10.9B | 3.9B | -345M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -11.5B | -10.0B | -9.0B | -12.0B |
| Common dividends | -22.7B | -23.0B | -20.1B | -15.5B |
| Other financing charges | -12M | -2M | -7M | -2M |
| End cash position | 27.5B | 22.7B | 29.6B | 34.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 40.8B | 12.7B | 15.1B | 29.1B |