Financials
Cash flow
| Fiscal date | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Operating activities | 12.9B | 6.5B | 15.1B | 11.4B |
| Net income | 11.5B | 9.6B | 17.2B | 12.4B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 142M | 128M | 130M | 123M |
| Other non cash items | 1.3B | 1.1B | 573M | 1.1B |
| Accounts receivable | -1.0B | -321M | -824M | 36M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 962M | -4.1B | -2.0B | -2.2B |
| Investing activities | 87M | -2.4B | 5.9B | -554M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | -461M | -288M |
| Net acquisitions | -578M | -2.5B | 5.7B | -786M |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | — | — | — |
| Other investing activity | 665M | 24M | 192M | 232M |
| Financing activities | -4.2B | -422M | -2.3B | -3.3B |
| Long term debt issuance | 9.8B | 10.9B | 11.3B | 10.3B |
| Long term debt payments | -3.6B | -3.3B | -4.5B | -3.2B |
| Short term debt issuance | -2.5B | 148M | -885M | -2.7B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -7.8B | -7.6B | -7.7B | -7.7B |
| Other financing charges | -52M | -605M | -601M | -1M |
| End cash position | 4.8B | 5.5B | 7.0B | 5.2B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 9.7B | 6.5B | 8.5B | 10.0B |