Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 11.3B | 3.9B | 3.1B | 3.2B |
| Net income | 14.0B | 11.6B | 10.5B | 4.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 491M | -123M | -42M | 590M |
| Accounts receivable | 4.7B | -3.5B | -6.9B | -2.4B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -7.9B | -4.0B | -425M | 793M |
| Investing activities | -3.2B | -2.3B | -1.4B | -507M |
| Capital expenditures | -2.9B | -2.1B | -1.2B | -405M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | 0 | 0 | 0 | 0 |
| Sale of investments | — | — | 0 | 39M |
| Other investing activity | -301M | -210M | -182M | -141M |
| Financing activities | -2.6B | -3.7B | -2.4B | -1.2B |
| Long term debt issuance | — | — | — | 0 |
| Long term debt payments | -3.4B | 0 | -800M | 0 |
| Short term debt issuance | 3.4B | -100M | -600M | -700M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -1M | -1.1B | -1M | 0 |
| Common dividends | -2.6B | -2.5B | -1.0B | -486M |
| Other financing charges | -2M | -1M | -1M | -2M |
| End cash position | 28.5B | 27.2B | 27.2B | 26.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 4.1B | 3.9B | 3.4B | 7.9B |