Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 4.9B | 11.6B | 8.6B | 12.5B |
| Net income | 5.3B | 10.6B | 7.7B | 13.9B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 917M | 887M | 1.8B | -885M |
| Accounts receivable | -443M | -1.4B | -728M | -517M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -866M | 1.6B | -220M | -74M |
| Investing activities | -12.7B | -26.8B | -12.1B | -7.6B |
| Capital expenditures | -13.8B | -9.1B | -11.4B | -6.9B |
| Net intangibles | -52M | -37M | -22M | -69M |
| Net acquisitions | 0 | -16.7B | 0 | -1.2B |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | — | — | — |
| Other investing activity | 1.1B | -1.0B | -650M | 488M |
| Financing activities | 8.6B | 4.0B | 9.8B | 13.1B |
| Long term debt issuance | 36.4B | 7.9B | 25.0B | 16.6B |
| Long term debt payments | -17.1B | -18.3B | -14.0B | -15.4B |
| Short term debt issuance | -8.2B | 16.2B | 0 | -3B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -786M | -653M | -651M | -389M |
| Other financing charges | -1.8B | -1.1B | -510M | 15.3B |
| End cash position | 82.3B | 70.6B | 67.5B | 53.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 23.8B | 33.7B | 21.2B | 28.2B |