Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 2.5B | -1.0B | 598M | -847M |
| Net income | 1.6B | 1.1B | 2.7B | 944M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -260M | -40M | -128M | -103M |
| Accounts receivable | 1.3B | -1.4B | -919M | -402M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -197M | -697M | -1.1B | -1.3B |
| Investing activities | -967M | -961M | 2.5B | -976M |
| Capital expenditures | -1.9B | -1.2B | -1.2B | -1.6B |
| Net intangibles | -211M | -320M | -43M | -64M |
| Net acquisitions | — | — | — | 0 |
| Purchase of investments | 0 | -50M | 0 | 0 |
| Sale of investments | 989M | 429M | 3.8B | 570M |
| Other investing activity | -13M | -111M | -28M | 8M |
| Financing activities | -1.2B | -322M | -1.9B | 141M |
| Long term debt issuance | 1.4B | 1.4B | 0 | 1.4B |
| Long term debt payments | -1.1B | -1.2B | -1.5B | -1.6B |
| Short term debt issuance | -930M | -130M | -60M | 503M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -218M | 0 | -1M | 0 |
| Common dividends | -317M | -314M | -314M | -209M |
| Other financing charges | -2M | -1M | -1M | -2M |
| End cash position | 3.7B | 3.7B | 3.4B | 3.6B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 126M | 408M | -2.2B | -190M |