Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 2.4B | 2.1B | 2.2B | 2.2B |
| Net income | 1.2B | 1.1B | 1.1B | 973M |
| Depreciation | 909M | 866M | 798M | 785M |
| Deferred taxes | 140M | 133M | 260M | 154M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 71M | 67M | 83M | 137M |
| Accounts receivable | -93M | -94M | -70M | 60M |
| Accounts payable | 15M | 22M | 35M | -1M |
| Other assets liabilities | 146M | 56M | 38M | 97M |
| Investing activities | -322M | -215M | 13M | 8M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | 0 |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | — | — | — |
| Other investing activity | -322M | -215M | 13M | 8M |
| Financing activities | -1.7B | -7.8B | -6.2B | -4.2B |
| Long term debt issuance | 2.8B | 2.4B | 750M | 900M |
| Long term debt payments | -3.6B | -8.4B | -6.6B | -4.7B |
| Short term debt issuance | -80M | -1.1B | 335M | 245M |
| Common stock issuance | — | 0 | 3M | 0 |
| Common stock repurchase | — | — | — | 0 |
| Common dividends | -743M | -700M | -662M | -629M |
| Other financing charges | -25M | -16M | -20M | -15M |
| End cash position | 716M | 79M | 530M | 540M |
| Income tax paid | 35M | 48M | 33M | 20M |
| Interest paid | 643M | 581M | 523M | 506M |
| Free cash flow | -274M | -64M | 174M | 78M |