Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 5.0B | 4.3B | 5.5B | 4.1B |
| Net income | 4.9B | 4.5B | 4.9B | 4.4B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 37M | 37M | 48M | 38M |
| Other non cash items | -103M | -16M | 21M | -65M |
| Accounts receivable | — | — | — | — |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 104M | -147M | 547M | -223M |
| Investing activities | -10.5B | -7.3B | 552M | -13.8B |
| Capital expenditures | -8.8B | -6.9B | -6.2B | -5.1B |
| Net intangibles | -526M | -549M | -567M | -446M |
| Net acquisitions | 867M | 330M | 7.0B | -7.7B |
| Purchase of investments | -2.7B | -1.2B | -457M | -1.1B |
| Sale of investments | 96M | 225M | 702M | 232M |
| Other investing activity | 22M | 245M | -485M | -125M |
| Financing activities | 6.7B | 2.7B | -5.6B | 8.9B |
| Long term debt issuance | 3.2B | 5.6B | 11.9B | 12.3B |
| Long term debt payments | -2.9B | -1.7B | -15.3B | -1.3B |
| Short term debt issuance | 925M | 544M | -511M | -11M |
| Common stock issuance | 7.0B | 20M | 17M | 33M |
| Common stock repurchase | -7M | -4M | — | -3M |
| Common dividends | -1.5B | -1.7B | -1.6B | -922M |
| Other financing charges | -44M | 28M | -135M | -1.2B |
| End cash position | 1.2B | 559M | 163M | 182M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -2.5B | -514M | 6M | 728M |