Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 71.7B | 63.5B | 65.5B | 63.2B |
| Net income | 80.3B | 80.4B | 78.5B | 69.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -13.1B | -11.6B | -6.1B | -4.6B |
| Accounts receivable | 6.8B | 1.1B | -5.8B | -634M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -2.3B | -6.4B | -1.1B | -1.1B |
| Investing activities | -61.0B | -43.9B | -19.0B | -11.9B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | -2.9B | — | 0 | 942M |
| Purchase of investments | -159.8B | -85.5B | -88.2B | -91.4B |
| Sale of investments | 153.2B | 87.7B | 99.2B | 103.9B |
| Other investing activity | -51.6B | -46.2B | -30.0B | -25.3B |
| Financing activities | -18.7B | -30.7B | -36.9B | -37.4B |
| Long term debt issuance | — | 21.5B | 100M | 0 |
| Long term debt payments | -6.2B | -46.0B | -5.4B | -5.5B |
| Short term debt issuance | 20.7B | 38.6B | -1.6B | -10.6B |
| Common stock issuance | — | 623M | 1.3B | 0 |
| Common stock repurchase | -15B | -30.0B | -18.5B | -11.5B |
| Common dividends | -18.2B | -15.6B | -12.7B | -9.9B |
| Other financing charges | -90M | 182M | -95M | -2M |
| End cash position | 193.1B | 197.6B | 190.5B | 150.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 84.7B | 70.7B | 86.5B | 73.4B |