Financials
Cash flow
| Fiscal date | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Operating activities | 239B | -395B | 268B | 709B |
| Net income | 1.0T | 166B | 802B | 649B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -404B | -838B | -291B | -97B |
| Accounts receivable | -180B | 46B | -139B | 215B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -189B | 231B | -104B | -58B |
| Investing activities | -225B | -905B | 136B | 140B |
| Capital expenditures | 15B | 17B | 6B | 7B |
| Net intangibles | -24B | -4B | -11B | -3B |
| Net acquisitions | -57B | -606B | -11B | -30B |
| Purchase of investments | -582B | -429B | -111B | -492B |
| Sale of investments | 399B | 113B | 252B | 655B |
| Other investing activity | — | — | — | — |
| Financing activities | 129B | 52B | -1.3T | -1.2T |
| Long term debt issuance | 672B | 1.2T | 393B | 1.3T |
| Long term debt payments | -693B | -1.4T | -1.2T | -1.7T |
| Short term debt issuance | -66B | -174B | -288B | -937B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -237B | -172B | -283B | -225B |
| Other financing charges | 453B | 594B | 140B | 301B |
| End cash position | 659B | 806B | 228B | 832B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 93B | 956B | 245B | 563B |