Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 4.7B | 2.1B | 2.2B | 4.9B |
| Net income | 5.0B | 3.0B | 2.8B | 3.7B |
| Depreciation | — | — | — | — |
| Deferred taxes | -152M | -163M | -186M | 62M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 556M | 647M | 45M | 750M |
| Accounts receivable | -748M | -1.4B | -533M | -359M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | — | — | 45M | 750M |
| Investing activities | -7.3B | -6.8B | -3.7B | -5.2B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | -382M | 0 | -4M | -38M |
| Purchase of investments | -17.7B | -18.0B | -16.6B | -19.1B |
| Sale of investments | 11.2B | 11.7B | 13.3B | 14.2B |
| Other investing activity | -408M | -462M | -385M | -279M |
| Financing activities | -2.1B | -1.2B | -2.9B | -2.3B |
| Long term debt issuance | 0 | 738M | 0 | 739M |
| Long term debt payments | — | — | 0 | 0 |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -1.1B | -1.0B | -2.1B | -2.2B |
| Common dividends | -951M | -908M | -875M | -869M |
| Other financing charges | — | — | — | — |
| End cash position | 699M | 650M | 799M | 761M |
| Income tax paid | 1.3B | 201M | 817M | 707M |
| Interest paid | 390M | 370M | 349M | 337M |
| Free cash flow | 9.1B | 7.7B | 6.5B | 7.3B |