Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -515M | -208M | 618M | 577M |
| Net income | -1.2B | -229M | 619M | 823M |
| Depreciation | 193M | 188M | 179M | 193M |
| Deferred taxes | 388M | -187M | -101M | -57M |
| StockBased compensation | 59M | 72M | 78M | 85M |
| Other non cash items | -103M | -99M | -92M | -132M |
| Accounts receivable | 50M | 27M | 50M | -78M |
| Accounts payable | 128M | -119M | -100M | 69M |
| Other assets liabilities | -51M | 139M | -15M | -326M |
| Investing activities | 75M | — | — | — |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | -9M | — | — | — |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | — | — | — |
| Other investing activity | 84M | — | — | — |
| Financing activities | -242M | -209M | -782M | -817M |
| Long term debt issuance | 3.3B | 1.7B | 4.1B | 945M |
| Long term debt payments | -3.5B | -1.8B | -3.5B | -1.1B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -4M | -107M | -1.4B | -661M |
| Common dividends | — | — | — | — |
| Other financing charges | -20M | — | -5M | 31M |
| End cash position | 175M | 205M | 256M | 172M |
| Income tax paid | 125M | 156M | 133M | 43M |
| Interest paid | 87M | 96M | 58M | 37M |
| Free cash flow | 153M | 120M | 545M | 573M |