Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 6.2B | 6.7B | 5.3B | 5.1B |
| Net income | 5.7B | 6.7B | 7.7B | 7.4B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -671.6M | -666.1M | -537.5M | -447.7M |
| Accounts receivable | -89.3M | 45.4M | -1.8B | -1.5B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 1.3B | 620.1M | -34.6M | -339.1M |
| Investing activities | -2.8B | -630.1M | -674.3M | -142.6M |
| Capital expenditures | -1.3B | -1.4B | -1.4B | -1.4B |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | -6M | 0 | 0 |
| Purchase of investments | -9.4B | -10.8B | -11.3B | -13.9B |
| Sale of investments | 7.9B | 11.6B | 11.9B | 15.2B |
| Other investing activity | 100K | 100K | 9.7M | 19.7M |
| Financing activities | -3.6B | -4.6B | -4.3B | -4.2B |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | 0 |
| Common dividends | -3.6B | -4.6B | -4.3B | -4.2B |
| Other financing charges | — | — | — | -44.1M |
| End cash position | 6.9B | 6.6B | 10.5B | 8.1B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 5.0B | 2.9B | 4.2B | 1.7B |