Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 12.8B | 9.1B | 13.0B | 18.6B |
| Net income | 17.8B | 16.8B | 17.4B | 19.2B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 11.0B | 8.5B | 7.8B | 7.8B |
| Accounts receivable | -5.1B | 1.3B | 2.8B | -314.9M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -11.0B | -17.6B | -15.0B | -8.0B |
| Investing activities | -31.6B | -6.7B | -9.9B | -6.7B |
| Capital expenditures | -18.5B | -7.7B | -6.9B | -7.7B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -9.4B | — | 0 | 3.0B |
| Purchase of investments | -4.3B | — | -3.6B | -1.6B |
| Sale of investments | 630M | 741.8M | 4.3B | 300M |
| Other investing activity | — | 231.8M | -3.6B | -784.3M |
| Financing activities | 27.6B | -3.1B | -12.8B | 5.4B |
| Long term debt issuance | 35B | 25.2B | 11.1B | 18.3B |
| Long term debt payments | -14.8B | -15.9B | -15.8B | -13.8B |
| Short term debt issuance | 13.4B | -6.3B | -2.1B | 7.0B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -6.0B | -6.1B | -6.0B | -6.0B |
| Other financing charges | — | — | — | — |
| End cash position | 21.8B | 12.8B | 11.3B | 21.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 7.2B | 15.8B | 12.8B | 17.2B |