Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -2.6B | 21.2B | 16.9B | 25.0B |
| Net income | 7.6B | 21.2B | 14.1B | 15.1B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 10.8B | 9.9B | 6.6B | 4.0B |
| Accounts receivable | -7.9B | 344M | -1.3B | -2.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -13.1B | -10.3B | -2.6B | 8.6B |
| Investing activities | -1.6B | -18.6B | -6.4B | -16.8B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | -9.8B | 0 | 3.3B |
| Purchase of investments | -741M | -640M | -2.7B | -2.6B |
| Sale of investments | 49M | 0 | 182M | 0 |
| Other investing activity | -905M | -8.2B | -3.8B | -17.4B |
| Financing activities | 27.1B | 31.9B | 12.9B | 21.3B |
| Long term debt issuance | 47.9B | 66.9B | 36.5B | 34.8B |
| Long term debt payments | -52.3B | -34.2B | -20.3B | -13.4B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 50B | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -775M | -601M | -601M | -601M |
| Other financing charges | -17.8B | -256M | -2.6B | 568M |
| End cash position | 20.1B | 22.7B | 14.6B | 20.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -14.5B | -6.1B | -1.1B | -1.3B |