Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 18.0B | 19.5B | 4.1B | 17.5B |
| Net income | 18.5B | 27.9B | 13.0B | 17.2B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -3.0B | 395M | -5.3B | 449M |
| Accounts receivable | 7.7B | -7.3B | -7.4B | 2.6B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -5.2B | -1.5B | 3.7B | -2.8B |
| Investing activities | -18.5B | -6.3B | -19.6B | -20.3B |
| Capital expenditures | -19.1B | -18.6B | -19.7B | -20.0B |
| Net intangibles | — | — | — | — |
| Net acquisitions | 244M | 0 | — | — |
| Purchase of investments | -696M | -359M | -1.3B | -423M |
| Sale of investments | 894M | 12.4B | 1.2B | 27M |
| Other investing activity | 131M | 177M | 150M | 75M |
| Financing activities | -10.4B | -15.6B | -7.3B | -11.3B |
| Long term debt issuance | — | 0 | 5.4B | 8.3B |
| Long term debt payments | -3.2B | -7.6B | -958M | -15.6B |
| Short term debt issuance | -746M | -3.1B | -6.8B | 602M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -268M | -6M | -3M | -5M |
| Common dividends | -5.4B | -4.1B | -4.1B | -2.7B |
| Other financing charges | -725M | -833M | -825M | -1.8B |
| End cash position | 21.3B | 29.0B | 20.3B | 20.0B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -1.2B | 11.9B | 7.0B | 9.5B |