Financials
Cash flow
| Fiscal date | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Operating activities | 19.3B | 15.8B | 14.3B | 12.3B |
| Net income | 17.3B | 15.0B | 12.3B | 10.9B |
| Depreciation | 943M | 861M | 804M | 767M |
| Deferred taxes | -483M | -336M | 873M | 307M |
| StockBased compensation | 765M | 602M | 542M | 416M |
| Other non cash items | 12.2B | 10.2B | 8.1B | 6.6B |
| Accounts receivable | -410M | -494M | -811M | 1.8B |
| Accounts payable | 34M | 67M | 88M | 21M |
| Other assets liabilities | -11.0B | -10.0B | -7.7B | -8.5B |
| Investing activities | -2.0B | -4.3B | -152M | 1.4B |
| Capital expenditures | -1.1B | -970M | -705M | -736M |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | -1.9B | -75M | -77M |
| Purchase of investments | -4.5B | -6.1B | -5.2B | -2.3B |
| Sale of investments | 3.6B | 4.6B | 5.7B | 4.5B |
| Other investing activity | -25M | 128M | 109M | 72M |
| Financing activities | -17.9B | -12.8B | -14.5B | -4.0B |
| Long term debt issuance | 0 | 3.2B | 0 | 7.2B |
| Long term debt payments | -2.3B | -1B | -3B | 0 |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -12.1B | -11.6B | -8.7B | -8.1B |
| Common dividends | -3.8B | -3.2B | -2.8B | -2.7B |
| Other financing charges | 200M | -198M | — | -432M |
| End cash position | 22.0B | 20.4B | 19.8B | 19.2B |
| Income tax paid | 3.4B | 3.7B | 3.0B | 2.7B |
| Interest paid | 617M | 607M | 643M | 537M |
| Free cash flow | 19.7B | 17.9B | 14.5B | 9.7B |