Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 3.2B | 5.6B | 1.8B | -640M |
| Net income | -1.3B | -590M | 1.5B | 590M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 0 | -30M | 90M | 120M |
| Other non cash items | 3.2B | 3.6B | 3.0B | 2.4B |
| Accounts receivable | -1.3B | 3.5B | -4.3B | -1.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 2.6B | -840M | 1.4B | -2.6B |
| Investing activities | -940M | -2.1B | -570M | -4.7B |
| Capital expenditures | -1.2B | -2.4B | -3.4B | -5.7B |
| Net intangibles | -40M | -110M | -100M | -190M |
| Net acquisitions | -20M | 180M | 2.4B | -650M |
| Purchase of investments | -90M | -70M | -400M | -1.6B |
| Sale of investments | 350M | 50M | 620M | 1.8B |
| Other investing activity | — | 100M | 240M | 1.5B |
| Financing activities | 3.6B | -2.9B | 2.3B | 3.8B |
| Long term debt issuance | 1B | 4.6B | 3.5B | 5.9B |
| Long term debt payments | -2.8B | -9.6B | -5.2B | -3.0B |
| Short term debt issuance | -4.4B | 490M | 4.9B | 1.7B |
| Common stock issuance | 9.8B | 10M | 0 | 0 |
| Common stock repurchase | — | — | — | 0 |
| Common dividends | — | -410M | -200M | -790M |
| Other financing charges | — | 2.1B | -670M | — |
| End cash position | 4.0B | 3.4B | 4.5B | 4.1B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 2.1B | 5.1B | -1.5B | -1.0B |