Financials
Cash flow
| Fiscal date | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Operating activities | 80.5B | -8.5B | 66.0B | 30.7B |
| Net income | 82.6B | 1.5B | 4.3B | 13.5B |
| Depreciation | 13.4B | 14.8B | 15.2B | 13.9B |
| Deferred taxes | -3.7B | 2.6B | 2.3B | -2.6B |
| StockBased compensation | — | — | — | — |
| Other non cash items | 21.1B | -22.5B | 38.3B | 8.6B |
| Accounts receivable | -8.7B | -236M | 1.5B | 1.4B |
| Accounts payable | -6.1B | 1.1B | 4.0B | 4.2B |
| Other assets liabilities | -18.2B | -5.8B | 377M | -8.2B |
| Investing activities | -5.9B | 84.3B | -6.0B | -5.2B |
| Capital expenditures | -5.9B | -4.8B | -6.3B | -5.3B |
| Net intangibles | — | 0 | 0 | -150M |
| Net acquisitions | -15M | 89.0B | 17M | 3M |
| Purchase of investments | — | — | — | 0 |
| Sale of investments | — | — | — | — |
| Other investing activity | 3M | 39M | 313M | 9M |
| Financing activities | -29.8B | -103.2B | -17.4B | -30.0B |
| Long term debt issuance | 16.2B | 77.8B | 7.8B | 76.5B |
| Long term debt payments | -45.9B | -179.5B | -23.0B | -100.0B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | 0 |
| Common stock repurchase | 0 | -844M | 0 | 0 |
| Common dividends | -98M | -292M | -1.5B | -1.4B |
| Other financing charges | 36M | -342M | -718M | -5.0B |
| End cash position | 17.7B | -938M | 2.9B | 380M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 67.3B | 33.1B | 51.1B | 62.5B |