Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 2.9B | 2.5B | -854M | -1.5B |
| Net income | 3.5B | 2.7B | 4.3B | 4.1B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -505M | -543M | 181M | -268M |
| Accounts receivable | 120M | -776M | -569M | -2.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -235M | 1.1B | -4.7B | -2.6B |
| Investing activities | -7.1B | -3.9B | -3.0B | -2.8B |
| Capital expenditures | -7.2B | -3.6B | -2.7B | -2.5B |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -7M | -7M | -23M | -106M |
| Sale of investments | 97M | 31M | 131M | 19M |
| Other investing activity | 64M | -404M | -401M | -247M |
| Financing activities | 1.7B | 1.5B | 834M | -2.4B |
| Long term debt issuance | 6.5B | 5.2B | 4B | 0 |
| Long term debt payments | -3.5B | -2.2B | -2.2B | -2.0B |
| Short term debt issuance | -136M | -339M | -165M | 493M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -314M | -252M | 0 | 0 |
| Common dividends | -875M | -832M | -832M | -830M |
| Other financing charges | -3M | -35M | -4M | -64M |
| End cash position | 14.0B | 14.2B | 11.6B | 13.0B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -2.3B | 1.4B | -2.1B | 2.4B |