Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 7.5B | 3.5B | -1.8B | 1.9B |
| Net income | 6.0B | 5.0B | -2.2B | 3.7B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 642M | -335M | -30M | -69M |
| Accounts receivable | 866M | -1.6B | -318M | -7M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -77M | 477M | 762M | -1.7B |
| Investing activities | -9.0B | 1.0B | -4.1B | -11.6B |
| Capital expenditures | -1.6B | -1.9B | -1.6B | -10.4B |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | 0 | -628M | 0 |
| Purchase of investments | -12.1B | -907M | -5.0B | -1.5B |
| Sale of investments | 5.0B | 4.1B | 3.2B | 524M |
| Other investing activity | -231M | -153M | -174M | -219M |
| Financing activities | -7.7B | -14.8B | -2.1B | -9.0B |
| Long term debt issuance | 10.9B | 6.1B | 5B | 11B |
| Long term debt payments | -11.2B | -24.7B | -7.5B | -19.3B |
| Short term debt issuance | -5B | 5.0B | 2.1B | 990M |
| Common stock issuance | 40M | 114M | 210M | 201M |
| Common stock repurchase | -880M | -1M | -49M | -1M |
| Common dividends | -1.6B | -1.3B | -1.9B | -1.9B |
| Other financing charges | -22M | -8M | -1M | -1M |
| End cash position | 15.1B | 13.6B | 12.0B | 10.4B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 10.6B | 6.2B | 3.1B | -4.5B |