Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 3.3B | 2.9B | 2.2B | 2.1B |
| Net income | 1.5B | 1.3B | 1.4B | 1.3B |
| Depreciation | 1.4B | 1.3B | 1.1B | 1.1B |
| Deferred taxes | 529M | 219.4M | 280.1M | 151.1M |
| StockBased compensation | — | — | — | — |
| Other non cash items | -72.1M | -153.4M | -270.4M | -153.1M |
| Accounts receivable | -161.5M | 358M | -282.1M | -331.5M |
| Accounts payable | 99.7M | -254M | 121.5M | 126.9M |
| Other assets liabilities | -17.5M | 130.4M | -180.2M | -102.2M |
| Investing activities | -1.0B | -1.1B | -327.5M | -59M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | -19.2M | 0 |
| Net acquisitions | -1.0B | -1.1B | -427.5M | -119.9M |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | 10.4M | 15.4M | 18.7M |
| Other investing activity | 17.8M | 3M | 84.6M | 42.2M |
| Financing activities | 444M | 515.7M | 390.2M | -61.7M |
| Long term debt issuance | 4.5B | 2.2B | 2.0B | 2.4B |
| Long term debt payments | -2.1B | -1.0B | -344.7M | -1.6B |
| Short term debt issuance | -902.8M | 372.9M | -252.6M | 119.2M |
| Common stock issuance | 163.4M | — | — | — |
| Common stock repurchase | -3.2M | -16.6M | -69.2M | -33.1M |
| Common dividends | -1.1B | -984.2M | -917.9M | -854.8M |
| Other financing charges | -80.1M | -20.2M | -24.7M | -76.4M |
| End cash position | 42.2M | 165.2M | 182.2M | 87.5M |
| Income tax paid | — | — | 52.4M | 33.8M |
| Interest paid | 785.7M | — | 485.2M | 473.8M |
| Free cash flow | 430.7M | 525.5M | -254.2M | -220.1M |