Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 3.0B | 3.8B | -959M | -956M |
| Net income | -461M | 2.2B | 790M | 891M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 419M | 349M | 185M | 220M |
| Accounts receivable | 2.1B | -78M | -441M | -591M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 932M | 1.3B | -1.5B | -1.5B |
| Investing activities | -3.7B | -2.4B | -2.7B | -1.6B |
| Capital expenditures | -3.6B | -2.6B | -2.6B | -1.9B |
| Net intangibles | -186M | -883M | -103M | -72M |
| Net acquisitions | 10M | 0 | — | — |
| Purchase of investments | -33M | -27M | -173M | -65M |
| Sale of investments | 0 | 145M | 57M | 339M |
| Other investing activity | -128M | 154M | -15M | 34M |
| Financing activities | -1.3B | -445M | 761M | -764M |
| Long term debt issuance | 151M | 2.4B | 3.4B | 3.7B |
| Long term debt payments | -3.3B | -3.8B | -4.0B | -4.0B |
| Short term debt issuance | 2.3B | 1.4B | 1.7B | -96M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -431M | -383M | -287M | -286M |
| Other financing charges | 1M | — | -1M | -65M |
| End cash position | 10.1B | 9.7B | 6.7B | 6.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 2.0B | 3.4B | -60M | -335M |