Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 171.3B | 152.3B | 104.0B | 71.5B |
| Net income | 145.3B | 150.7B | 105.5B | 91.6B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 7.4B | 27.0B | 30.3B | 15.4B |
| Accounts receivable | 17.7B | -27.2B | -16.8B | -28.2B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 926M | 1.8B | -14.9B | -7.3B |
| Investing activities | -142.9B | -124.7B | -98.1B | -70.9B |
| Capital expenditures | -139.6B | -117.0B | -89.9B | -73.0B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -5.4B | -2.0B | -122M | -520M |
| Purchase of investments | -520M | -190M | -2.8B | -1.6B |
| Sale of investments | 5.8B | 790M | 4.3B | 6.1B |
| Other investing activity | -3.3B | -6.3B | -9.5B | -1.9B |
| Financing activities | -58.3B | -95.5B | -41.4B | -67.5B |
| Long term debt issuance | 175.8B | 161.3B | 30.4B | 50.1B |
| Long term debt payments | -198.6B | -206.8B | -76.3B | -101.5B |
| Short term debt issuance | -14.2B | -15.5B | 22.2B | -2.0B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -20.8B | -17.3B | -15.6B | -13.9B |
| Other financing charges | -456M | -17.2B | -2.2B | -320M |
| End cash position | 144.5B | 126.1B | 132.2B | 93.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 88.3B | 97.6B | 96.1B | 74.3B |