Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 3.2B | 2.9B | 3.1B | 3.3B |
| Net income | 4.6B | 3.9B | 3.6B | 3.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 62.0M | 57.8M | 50.1M | 41.6M |
| Other non cash items | -34.4M | -128.5M | -9.2M | 103.8M |
| Accounts receivable | -1.2B | -407.6M | -555.6M | 4.2M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -165.2M | -507.5M | 11.0M | -127.4M |
| Investing activities | -2.0B | -4.8B | -2.3B | -882.6M |
| Capital expenditures | -3.5B | -2.4B | -1.5B | -707.2M |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | — | — | 0 |
| Purchase of investments | -119.4M | -2.5B | -814.7M | -183.8M |
| Sale of investments | 1.7B | 126M | 11.1M | 8.4M |
| Other investing activity | — | — | — | — |
| Financing activities | -2.7B | 364.6M | -471.1M | -2.3B |
| Long term debt issuance | 491.0M | 958.1M | 389.9M | 21.5M |
| Long term debt payments | -400.7M | -223.6M | -258.2M | -1.1B |
| Short term debt issuance | -41.2M | 143.6M | -125.8M | -1.1B |
| Common stock issuance | 46.2M | 35.3M | 35.4M | 33.5M |
| Common stock repurchase | -2.0B | — | — | — |
| Common dividends | -774.2M | -548.8M | -547.8M | -409.6M |
| Other financing charges | — | — | 35.4M | 194.0M |
| End cash position | 510.1M | 830.7M | 1.7B | 678.9M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 51.6M | 566.5M | 2.1B | 2.9B |