Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 65.3B | -149.9B | -104.2B | -77.8B |
| Net income | 274.9B | 181.6B | 235.2B | 158.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 127.6B | 47.7B | -5.8B | 3.5B |
| Accounts receivable | -337.3B | -379.3B | -333.6B | -239.9B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | — | — | — | — |
| Investing activities | -505.6B | -444.1B | 710.0B | -83.0B |
| Capital expenditures | -99.7B | -71.0B | -92.8B | -51.8B |
| Net intangibles | — | — | -56.1B | -220.9B |
| Net acquisitions | — | — | 397.3B | 84M |
| Purchase of investments | -498.5B | -462.8B | -241.8B | -321.3B |
| Sale of investments | 209.5B | 185.6B | 234.9B | 251.7B |
| Other investing activity | -116.8B | -95.9B | 412.5B | 38.3B |
| Financing activities | -1.4T | -468.6B | -495.0B | -370.1B |
| Long term debt issuance | 191.0B | 229.0B | 213.5B | 313.7B |
| Long term debt payments | -1.2T | -648.2B | -803.5B | -690.7B |
| Short term debt issuance | -192.1B | -28.2B | -27B | 135.2B |
| Common stock issuance | — | — | 16.9B | 46M |
| Common stock repurchase | -150.1B | 0 | -16.9B | -68.3B |
| Common dividends | -41.7B | -41.9B | -43.6B | -42.2B |
| Other financing charges | 12.8B | 20.7B | 165.5B | -17.8B |
| End cash position | 1.0T | 1.4T | 1.7T | 1.1T |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 419.9B | 245.5B | 209M | -6.3B |