Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 1.4B | 41.6B | 14.8B | 37.8B |
| Net income | 44.0B | 36.2B | 37.4B | 44.1B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -1.2B | 3.5B | -5.8B | -1.4B |
| Accounts receivable | -46.5B | -1.4B | -7.1B | 5.4B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 5.1B | 3.4B | -9.7B | -10.3B |
| Investing activities | -15.5B | -11.2B | -11.1B | -17.8B |
| Capital expenditures | -14.8B | -15.7B | -8.9B | -17.1B |
| Net intangibles | -2.9B | -2.4B | -2.4B | -2.2B |
| Net acquisitions | -2.5B | -1.5B | -6.0B | -4.8B |
| Purchase of investments | -175M | -560M | -1.6B | -1.1B |
| Sale of investments | 2.5B | 5.8B | 5.7B | 5.6B |
| Other investing activity | -557M | 774M | -194M | -359M |
| Financing activities | 3.3B | -30.3B | 3.7B | 5.2B |
| Long term debt issuance | 42.4B | 3.6B | 36.7B | 22.6B |
| Long term debt payments | -15.1B | -2.4B | -2.7B | -13.7B |
| Short term debt issuance | -2.1B | -11.4B | -3.9B | 10.9B |
| Common stock issuance | 315M | 68M | 22M | 1.2B |
| Common stock repurchase | -6.0B | -6.0B | -7.5B | -5.0B |
| Common dividends | -12.8B | -11.8B | -11.2B | -9.4B |
| Other financing charges | -3.4B | -2.3B | -7.7B | -1.3B |
| End cash position | 39.4B | 47.4B | 50.2B | 53.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -11.8B | 22.1B | -8.3B | 6.2B |