Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 7.2B | 10.3B | 8.9B | 6.7B |
| Net income | 11.8B | 9.9B | 10.0B | 8.6B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -272M | -15M | -40M | 47M |
| Accounts receivable | -3.7B | 86M | -672M | -1.5B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -701M | 258M | -348M | -431M |
| Investing activities | -2.6B | -372M | -2.0B | -679M |
| Capital expenditures | -316M | -337M | -1.1B | -493M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -9.7B | -17.4B | -20.1B | -17.2B |
| Sale of investments | 7.4B | 17.4B | 19.3B | 17.5B |
| Other investing activity | -22M | -63M | -80M | -529M |
| Financing activities | -14.0B | -3.5B | -2.9B | -1.9B |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 6M | 0 | 20M | 31M |
| Common stock repurchase | -9.9B | 0 | -5M | 0 |
| Common dividends | -4.1B | -3.5B | -2.9B | -1.9B |
| Other financing charges | -40M | — | 39M | 2M |
| End cash position | 21.5B | 30.1B | 24.8B | 22.0B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 7.7B | 8.7B | 6.5B | 5.0B |