Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 56.4B | 38.8B | 13.7B | 22.0B |
| Net income | 53.1B | 41.9B | 32.1B | 30.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -1.4B | -1.5B | -725M | -462M |
| Accounts receivable | 756M | 550M | -9.7B | -3.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 3.8B | -2.2B | -8.0B | -4.5B |
| Investing activities | 4.8B | -1.0B | -200M | -5.0B |
| Capital expenditures | -6.5B | -6.3B | -7.5B | -8.9B |
| Net intangibles | -2.8B | -1.3B | -1.8B | 967M |
| Net acquisitions | 8.0B | 0 | 391M | 0 |
| Purchase of investments | -4.5B | -7.7B | -12.6B | -18.9B |
| Sale of investments | 7.9B | 13.0B | 19.6B | 22.8B |
| Other investing activity | 1M | 14M | -16M | 3M |
| Financing activities | -30.9B | -23.6B | -20.4B | -20.8B |
| Long term debt issuance | 300M | 400M | 4.8B | 0 |
| Long term debt payments | -4.6B | -4.0B | -3.4B | -1.2B |
| Short term debt issuance | -2.4B | -2.0B | 497M | -1.1B |
| Common stock issuance | 6.2B | 1.6B | 1.5B | 0 |
| Common stock repurchase | -19.3B | -10.0B | -15.2B | -10.0B |
| Common dividends | -11.2B | -9.5B | -8.6B | -8.4B |
| Other financing charges | -1M | -68M | -1M | -2M |
| End cash position | 92.6B | 75.6B | 71.2B | 77.9B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 33.7B | 18.6B | 2.9B | -5.2B |