Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 33.3B | 20.1B | 9.7B | 37.1B |
| Net income | 24.5B | 18.9B | 13.6B | 22.7B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 620M | 147M | -275M | -504M |
| Accounts receivable | -8.6B | -14.1B | -7.0B | 19.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 16.7B | 15.1B | 3.4B | -4.8B |
| Investing activities | -35.5B | -35.6B | -27.9B | -22.4B |
| Capital expenditures | -24.1B | -13.6B | -25.5B | -26.7B |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | 0 | -62M |
| Purchase of investments | -23.7B | -22.7B | -3.9B | -200M |
| Sale of investments | 12.4B | 723M | 1.6B | 5.4B |
| Other investing activity | -97M | -55M | -188M | -892M |
| Financing activities | 16.1B | 11.1B | -2.4B | 39.1B |
| Long term debt issuance | 34.2B | 41.8B | 22.2B | 37B |
| Long term debt payments | -20B | -15B | -10B | 0 |
| Short term debt issuance | 12.4B | -9.3B | -3.8B | 8B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -9.5B | -6.4B | -10.7B | -10.7B |
| Other financing charges | -949M | -35M | 13M | 4.8B |
| End cash position | 43.4B | 56.5B | 53.7B | 47.1B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -18.2B | 17.3B | 8.7B | 11.4B |