Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 2.9B | 4.3B | 3.4B | 3.0B |
| Net income | 3.7B | 5.2B | 5.0B | 4.2B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 127M | 139M | 137M | 107M |
| Other non cash items | -840M | -1.1B | -828M | -662M |
| Accounts receivable | -55M | 155M | -626M | -618M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -102M | -99M | -298M | -59M |
| Investing activities | -1.3B | -2.2B | -682M | -247M |
| Capital expenditures | -615M | -752M | -678M | -302M |
| Net intangibles | -59M | -18M | -39M | -38M |
| Net acquisitions | — | — | — | 0 |
| Purchase of investments | -7.3B | -5.8B | 0 | — |
| Sale of investments | 6.5B | 4.3B | 2M | 1M |
| Other investing activity | -3M | -3M | -6M | 54M |
| Financing activities | -21M | 101M | 595M | -1.2B |
| Long term debt issuance | 0 | 599M | 669M | 1.1B |
| Long term debt payments | 0 | -500M | 0 | -743M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 10M | 21M | 0 | — |
| Common stock repurchase | — | 0 | -28M | -1.6B |
| Common dividends | — | — | — | — |
| Other financing charges | -31M | -19M | -46M | — |
| End cash position | -11M | -298M | 527M | 138M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 2.1B | 1.6B | 816M | 1.6B |