Financials
Cash flow
| Fiscal date | 2021 | 2020 | 2019 |
|---|---|---|---|
| Operating activities | 3.9B | 7.0B | 6.9B |
| Net income | 2.0B | 4.9B | 4.4B |
| Depreciation | 2.5B | 2.6B | 2.5B |
| Deferred taxes | -185M | -58M | 55M |
| StockBased compensation | — | — | — |
| Other non cash items | -258M | -178M | -345M |
| Accounts receivable | -925M | 129M | 31M |
| Accounts payable | 890M | -162M | 352M |
| Other assets liabilities | -234M | -276M | -57M |
| Investing activities | -3.1B | 1.3B | 522M |
| Capital expenditures | — | — | — |
| Net intangibles | — | — | — |
| Net acquisitions | -1.2B | -853M | -975M |
| Purchase of investments | -1.2B | -765M | -602M |
| Sale of investments | — | — | — |
| Other investing activity | -651M | 2.9B | 2.1B |
| Financing activities | -88M | -800M | 693M |
| Long term debt issuance | 11.2B | 5.8B | 4.5B |
| Long term debt payments | -7.8B | -4.0B | -3.5B |
| Short term debt issuance | 1.0B | -220M | 1.7B |
| Common stock issuance | 148M | 91M | 253M |
| Common stock repurchase | -500M | — | 0 |
| Common dividends | -3.5B | -3.1B | -2.0B |
| Other financing charges | -748M | 682M | -216M |
| End cash position | 673M | 1.5B | 1.3B |
| Income tax paid | — | — | — |
| Interest paid | — | — | — |
| Free cash flow | 966M | -1.1B | -1.1B |