Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 362.3B | 83.6B | 471.5B | 385.4B |
| Net income | 269.4B | 277.0B | 402.8B | 311.9B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 17.8B | -37.7B | 91.1B | 28.7B |
| Accounts receivable | 38.0B | -57.2B | -45.8B | -5.9B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 37.2B | -98.6B | 23.5B | 50.7B |
| Investing activities | -624.2B | -311.6B | -307.6B | -2.4T |
| Capital expenditures | -300.9B | -313.1B | -285.0B | -189.8B |
| Net intangibles | -108.2B | -120.2B | -105.7B | -86.9B |
| Net acquisitions | -296.3B | 30.4B | 255M | -2.3T |
| Purchase of investments | -71.5B | -51.5B | -52.9B | -29.5B |
| Sale of investments | 48.2B | 35.5B | 32.5B | 110.5B |
| Other investing activity | -3.8B | -12.8B | -2.4B | -2.6B |
| Financing activities | -385.0B | -369.5B | -262.6B | 944.4B |
| Long term debt issuance | 201.9B | 272.7B | 163.7B | 2.1T |
| Long term debt payments | -488.0B | -476.1B | -322.7B | -575.6B |
| Short term debt issuance | 82.4B | 12.8B | 3.7B | -479.9B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -59.6B | -52.4B | -16M | -22M |
| Common dividends | -101.4B | -106.1B | -89.8B | -87.5B |
| Other financing charges | -20.4B | -20.5B | -17.5B | -19.4B |
| End cash position | 1.3T | 1.6T | 1.7T | 1.4T |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 337.4B | 215.4B | 517.6B | 312.0B |