Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 21.1B | 14.1B | 16.2B | 8.2B |
| Net income | 20.9B | 17.2B | 13.8B | 12.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 265M | -330M | -351M | 98M |
| Accounts receivable | -536M | -4.2B | 3.0B | -4.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 495M | 1.4B | -198M | 135M |
| Investing activities | -16.2B | -7.3B | -4.6B | -5.5B |
| Capital expenditures | -8.9B | -7.4B | -4.0B | -6.9B |
| Net intangibles | -760M | -569M | -1.3B | -982M |
| Net acquisitions | -7.2B | 0 | 0 | -37M |
| Purchase of investments | -25M | -144M | -43M | -101M |
| Sale of investments | 1.9B | 1.2B | 62M | 1.7B |
| Other investing activity | -2.0B | -905M | -625M | -66M |
| Financing activities | -12.0B | -9.1B | -2.8B | -14.5B |
| Long term debt issuance | 1.7B | 22M | 0 | 1.6B |
| Long term debt payments | -10.2B | -719M | -320M | -11.6B |
| Short term debt issuance | 726M | -5.6B | -112M | -3.0B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -4.0B | -2.5B | -1.9B | -1.2B |
| Other financing charges | -222M | -272M | -416M | -379M |
| End cash position | 62.7B | 68.1B | 67.6B | 57.6B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 13.5B | 9.5B | 13.0B | 7.8B |