Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 14.3B | -2.7B | 3.9B | -951M |
| Net income | 6.9B | 4.1B | 2.6B | 4.2B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 490M | -413M | -385M | -1.1B |
| Accounts receivable | 6B | -5.9B | 2.1B | -6.6B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 890M | -487M | -400M | 2.6B |
| Investing activities | -1.3B | 470M | -107M | -59M |
| Capital expenditures | -25M | 475M | 16M | -30M |
| Net intangibles | -85M | -53M | -9M | -77M |
| Net acquisitions | -1.1B | 0 | -119M | 0 |
| Purchase of investments | -30M | -10M | 0 | -200M |
| Sale of investments | 139M | — | 0 | 201M |
| Other investing activity | -267M | 5M | -4M | -30M |
| Financing activities | 126M | -900M | -1.2B | -792M |
| Long term debt issuance | 3.0B | 1.0B | 914M | 978M |
| Long term debt payments | -2.0B | -1.1B | -1.1B | -1.1B |
| Short term debt issuance | -18M | -48M | 88M | -28M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -832M | -759M | -1.0B | -651M |
| Other financing charges | -2M | -2M | -1M | -2M |
| End cash position | 19.9B | 13.0B | 11.7B | 11.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 8.0B | 1.8B | 1.2B | 650M |