Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 2.2B | 2.5B | 1.6B | 1.3B |
| Net income | 1.9B | 2.2B | 2.0B | 1.4B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 45M | 57M | 33M | 16M |
| Other non cash items | 187M | 120M | 114M | 129M |
| Accounts receivable | 37M | -5M | -282M | -242M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 0 | 124M | -213M | -35M |
| Investing activities | -1.9B | -892M | -685M | -5.7B |
| Capital expenditures | -776M | -536M | -489M | -324M |
| Net intangibles | 0 | 37M | 143M | 0 |
| Net acquisitions | -1.5B | 0 | 0 | -5.4B |
| Purchase of investments | -6M | -347M | -209M | — |
| Sale of investments | 420M | 0 | 13M | — |
| Other investing activity | 3M | -9M | — | -2M |
| Financing activities | -567M | -1.5B | -2.0B | 3.5B |
| Long term debt issuance | 1.0B | 694M | 0 | 4.9B |
| Long term debt payments | -1.2B | -1.2B | -938M | -950M |
| Short term debt issuance | 0 | 0 | -285M | 276M |
| Common stock issuance | 31M | 43M | 13M | 28M |
| Common stock repurchase | — | — | 0 | 0 |
| Common dividends | -910M | -841M | -763M | -638M |
| Other financing charges | 511M | -229M | -20M | -68M |
| End cash position | 1.6B | 1.4B | 1.4B | 1.4B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 2.1B | 2.0B | 2.3B | 1.7B |