Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 5.0B | 3.4B | 3.2B | -60M |
| Net income | 1.5B | 1.4B | 824M | 925M |
| Depreciation | 2.9B | 2.7B | 2.6B | 2.3B |
| Deferred taxes | 9M | 108M | -177M | 43M |
| StockBased compensation | — | — | — | — |
| Other non cash items | -229M | -162M | -66M | 184M |
| Accounts receivable | -195M | -385M | -642M | 194M |
| Accounts payable | 53M | -408M | 367M | 138M |
| Other assets liabilities | 891M | 119M | 223M | -3.8B |
| Investing activities | 171M | 215M | 204M | 354M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -4.9B | -4.4B | -4.1B | -3.7B |
| Sale of investments | 5.0B | 4.6B | 4.2B | 4.0B |
| Other investing activity | 50M | 35M | 81M | 98M |
| Financing activities | 273M | -960M | 1.0B | 2.9B |
| Long term debt issuance | 5.3B | 5.1B | 6.0B | 5.4B |
| Long term debt payments | -3.1B | -4.9B | -2.9B | -3.5B |
| Short term debt issuance | -93M | -229M | -860M | 145M |
| Common stock issuance | 345M | 562M | 13M | 2.0B |
| Common stock repurchase | -856M | -289M | 0 | 0 |
| Common dividends | -1.3B | -1.2B | -1.1B | -1.0B |
| Other financing charges | 9M | — | -9M | -61M |
| End cash position | 684M | 532M | 917M | 394M |
| Income tax paid | 51M | — | — | — |
| Interest paid | 1.6B | 1.4B | 1.0B | 887M |
| Free cash flow | -693M | -2.0B | -2.6B | -5.5B |