Financials
Cash flow
| Fiscal date | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Operating activities | 3.2B | 4.3B | 4.3B | 3.2B |
| Net income | 1.8B | 3.3B | 3.0B | 2.0B |
| Depreciation | 1.3B | 1.2B | 1.2B | 1.2B |
| Deferred taxes | -49M | 83M | 184M | 142M |
| StockBased compensation | — | — | — | — |
| Other non cash items | -216M | -69M | -176M | -248M |
| Accounts receivable | -2M | -171M | -133M | 71M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 370M | -30M | 280M | 60M |
| Investing activities | -2.2B | -1.6B | -1.2B | -1.2B |
| Capital expenditures | -2.3B | -1.7B | -1.3B | -1.2B |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -124M | -12M | -10M | -14M |
| Sale of investments | 205M | 94M | 99M | — |
| Other investing activity | — | — | — | — |
| Financing activities | 115M | -3.0B | -3.3B | -1.9B |
| Long term debt issuance | 3.3B | 1.8B | 1.7B | 784M |
| Long term debt payments | -1.3B | -553M | -584M | -381M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 3M | — | 17M | 69M |
| Common stock repurchase | -622M | -3.1B | -3.4B | -1.4B |
| Common dividends | -1.2B | -1.2B | -1.0B | -960M |
| Other financing charges | — | — | — | — |
| End cash position | 1.6B | 456M | 839M | 1.1B |
| Income tax paid | 681M | 750M | 654M | 311M |
| Interest paid | 653M | 619M | 579M | 577M |
| Free cash flow | 830M | 2.3B | 2.8B | 2.1B |