Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 15.8B | 19.3B | 16.6B | 3.4B |
| Net income | 21.4B | 18.9B | 14.4B | 10.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | 0 |
| Other non cash items | -1.9B | -953M | -477M | -543M |
| Accounts receivable | -7.4B | -494M | 1.7B | -2.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 3.6B | 1.8B | 915M | -4.3B |
| Investing activities | -16.5B | -19.5B | -5.8B | -1.8B |
| Capital expenditures | -8.4B | -6.2B | -3.2B | -3.4B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -3.6B | -6.3B | 0 | 0 |
| Purchase of investments | -9.6B | -10.2B | -5.2B | -1.5B |
| Sale of investments | 5.0B | 3.2B | 2.6B | 3.1B |
| Other investing activity | — | — | — | — |
| Financing activities | -2.5B | -1.5B | -3.8B | -1.5B |
| Long term debt issuance | 149M | 248M | 0 | 0 |
| Long term debt payments | -341M | 0 | -2.7B | -720M |
| Short term debt issuance | — | — | — | 0 |
| Common stock issuance | — | — | — | 0 |
| Common stock repurchase | — | — | — | — |
| Common dividends | -2.3B | -1.7B | -1.1B | -758M |
| Other financing charges | — | — | — | — |
| End cash position | 5.9B | 8.9B | 8.7B | 3.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 5.6B | 14.2B | 11.8B | 1.9B |