Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 13.1B | 21.8B | 36.9B | 20.9B |
| Net income | 18.2B | 20.9B | 27.0B | 25.6B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 255M | -1.9B | 58M | 3.2B |
| Accounts receivable | -5.4B | 2.8B | 9.9B | -7.8B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | — | — | — | — |
| Investing activities | -13.2B | -7.2B | -3.1B | -5.2B |
| Capital expenditures | -11.2B | -7.4B | -2.3B | -5.3B |
| Net intangibles | -2.4B | -3.4B | -3.2B | -1.8B |
| Net acquisitions | -440M | 492M | 0 | — |
| Purchase of investments | -1.1B | -988M | -793M | -123M |
| Sale of investments | 1.3B | 656M | 1M | 264M |
| Other investing activity | -1.7B | 1M | — | 1M |
| Financing activities | -63.9B | -76.3B | -101.4B | -137.0B |
| Long term debt issuance | 18.1B | 0 | 2.0B | 3.5B |
| Long term debt payments | -82.9B | -70.5B | -97.1B | -133.6B |
| Short term debt issuance | 5.7B | 0 | -1.6B | -4.5B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -3.8B | -4.6B | -4.1B | -1.6B |
| Other financing charges | -1.1B | -1.3B | -541M | -766M |
| End cash position | 34.7B | 30.9B | 33.4B | 22.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 8.1B | 11.7B | 26.6B | 15.9B |