Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 10.5B | 14.8B | 13.7B | 18.3B |
| Net income | 6.0B | 9.8B | 9.7B | 9.9B |
| Depreciation | 12.4B | 11.9B | 11.3B | 12.1B |
| Deferred taxes | 1.4B | -1.0B | 425M | 2.2B |
| StockBased compensation | — | — | — | — |
| Other non cash items | -1.9B | -2.3B | -1.6B | -3.5B |
| Accounts receivable | -7.2B | -1.8B | -9.5B | 3.3B |
| Accounts payable | 1.3B | -398M | 6.1B | -1.2B |
| Other assets liabilities | -1.4B | -1.4B | -2.8B | -4.6B |
| Investing activities | -9.7B | -3.7B | -8.6B | -8.8B |
| Capital expenditures | -4.4B | -607M | 2.3B | -209M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -4.0B | -4.4B | -11.8B | -9.0B |
| Sale of investments | 4.3B | 9.3B | 8.1B | 9.3B |
| Other investing activity | -5.6B | -8.0B | -7.1B | -9.0B |
| Financing activities | 1.9B | -6.4B | 383M | 3.5B |
| Long term debt issuance | 53.4B | 51.0B | 45.8B | 45.3B |
| Long term debt payments | -43.4B | -44.7B | -39.6B | -47.8B |
| Short term debt issuance | 128M | -156M | 373M | 2.9B |
| Common stock issuance | — | — | — | 1.7B |
| Common stock repurchase | -7.1B | -11.1B | -2.5B | 0 |
| Common dividends | -653M | -597M | -397M | -186M |
| Other financing charges | -509M | -773M | -3.3B | 1.5B |
| End cash position | 23.0B | 21.9B | 21.9B | 23.5B |
| Income tax paid | 1.5B | 1.7B | 1.2B | 652M |
| Interest paid | 6.2B | 5.5B | 3.6B | 3.4B |
| Free cash flow | -6.0B | -3.7B | -5.1B | -6.9B |