Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 10.4B | 7.4B | -1.4B | -2.0B |
| Net income | 9.9B | 10.6B | 13.8B | 5.7B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -160M | -4.2B | 1.3B | -7.8B |
| Accounts receivable | 3.4B | -2.5B | -2.0B | 714M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -2.7B | 3.4B | -14.5B | -597M |
| Investing activities | -5.5B | -6.4B | -21.3B | 468M |
| Capital expenditures | -3.8B | -7.1B | -17.4B | -4.1B |
| Net intangibles | -179M | -240M | -227M | -124M |
| Net acquisitions | 0 | -227M | -4.6B | 4.7B |
| Purchase of investments | -1.9B | -14M | -14M | -464M |
| Sale of investments | 303M | 1.3B | 655M | 669M |
| Other investing activity | 12M | -433M | 4M | -246M |
| Financing activities | -14.5B | -21.1B | -956M | -4.7B |
| Long term debt issuance | 3.4B | 960M | 23.8B | 10.8B |
| Long term debt payments | -14.5B | -14.2B | -19.7B | -13.3B |
| Short term debt issuance | 1.5B | -2.5B | 1.4B | 530M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | 0 | 0 | 0 | -329M |
| Common dividends | -4.4B | -4.9B | -1.9B | -1.6B |
| Other financing charges | -570M | -464M | -4.6B | -755M |
| End cash position | 40.1B | 24.8B | 27.6B | 31.1B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 18.5B | 5.1B | -11.7B | -4.0B |