Financials
Cash flow
| Fiscal date | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Operating activities | 8.3B | 13.2B | 13.7B | 13.5B |
| Net income | 2.6B | 3.6B | 1.1B | 3.6B |
| Depreciation | 5.8B | 5.7B | 5.5B | 5.2B |
| Deferred taxes | -200M | 191M | 54M | 806M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 3.3B | 4.7B | 7.8B | 4.6B |
| Accounts receivable | -788M | -297M | -56M | 78M |
| Accounts payable | 805M | 249M | -21M | -164M |
| Other assets liabilities | -3.3B | -926M | -571M | -563M |
| Investing activities | -606M | -1.2B | -697M | -835M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | -52M | -892M | -237M | -313M |
| Purchase of investments | -4.2B | -6.1B | -8.0B | -3.3B |
| Sale of investments | 4.3B | 6.1B | 7.9B | 3.3B |
| Other investing activity | -644M | -333M | -398M | -517M |
| Financing activities | 5.8B | 1.6B | -416M | 3.3B |
| Long term debt issuance | 11.9B | 9.1B | 6.3B | 7.1B |
| Long term debt payments | -4.7B | -6.3B | -6.7B | -4.3B |
| Short term debt issuance | 574M | 479M | 862M | -82M |
| Common stock issuance | 9M | 5M | 2.7B | 2.3B |
| Common stock repurchase | — | — | — | — |
| Common dividends | -3.2B | -3.1B | -2.8B | -2.7B |
| Other financing charges | 1.2B | 1.5B | -888M | 817M |
| End cash position | 603M | 520M | 556M | 573M |
| Income tax paid | — | — | — | — |
| Interest paid | 2.4B | 2.2B | 2.2B | 2.2B |
| Free cash flow | 5.9B | 8.3B | 8.9B | 8.2B |