Financials
Cash flow
| Fiscal date | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Operating activities | 5.3B | 6.0B | 3.8B | 3.4B |
| Net income | 6.1B | 4.6B | 4.8B | 3.8B |
| Depreciation | — | — | — | — |
| Deferred taxes | 326M | -540M | 81M | 91M |
| StockBased compensation | 255M | 283M | 294M | 226M |
| Other non cash items | — | — | 2M | 11M |
| Accounts receivable | -2.1B | -256M | -1.1B | -695M |
| Accounts payable | 719M | 2.0B | — | — |
| Other assets liabilities | 15M | -47M | -372M | 30M |
| Investing activities | -9.6B | -7.3B | -2.8B | -1.3B |
| Capital expenditures | -1.1B | -1.0B | -1.1B | -1.2B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -3.5B | -2.0B | 0 | -1.8B |
| Purchase of investments | -18.7B | -19.5B | -23.0B | -9.7B |
| Sale of investments | 14.6B | 16.1B | 21.0B | 11.6B |
| Other investing activity | -1.0B | -894M | 204M | -220M |
| Financing activities | -1.8B | -5.3B | -10.4B | -12.0B |
| Long term debt issuance | 3.5B | 2.5B | 2.5B | 835M |
| Long term debt payments | -2.1B | -3.8B | -9.6B | -11.3B |
| Short term debt issuance | 325M | -700M | -614M | -340M |
| Common stock issuance | — | 0 | 0 | 1.3B |
| Common stock repurchase | -1.9B | -2.7B | -1.7B | -1.7B |
| Common dividends | -1.1B | -954M | -818M | -776M |
| Other financing charges | -451M | 360M | -119M | -57M |
| End cash position | 4.9B | 5.7B | 4.9B | 3.9B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 7.3B | 9.7B | 5.0B | 2.6B |