Financials
Cash flow
| Fiscal date | 2021 | 2020 | 2019 |
|---|---|---|---|
| Operating activities | 2.7B | 2.6B | 3.0B |
| Net income | 1.6B | 677M | 1.6B |
| Depreciation | 1.5B | 1.4B | 1.3B |
| Deferred taxes | -76M | 17M | 7M |
| StockBased compensation | — | — | — |
| Other non cash items | 129M | 257M | -172M |
| Accounts receivable | 114M | -42M | 629M |
| Accounts payable | 160M | 274M | -519M |
| Other assets liabilities | -653M | 37M | 104M |
| Investing activities | -2.2B | -1.3B | -211M |
| Capital expenditures | -1.4B | -1.1B | -1.4B |
| Net intangibles | — | — | — |
| Net acquisitions | -490M | 76M | 1.4B |
| Purchase of investments | -471M | -331M | -394M |
| Sale of investments | 81M | 117M | 223M |
| Other investing activity | 50M | — | — |
| Financing activities | -1.4B | 0 | -3.0B |
| Long term debt issuance | 55M | 854M | 47M |
| Long term debt payments | -222M | -140M | -149M |
| Short term debt issuance | -101M | -31M | -1.1B |
| Common stock issuance | — | — | — |
| Common stock repurchase | -517M | -203M | -1.3B |
| Common dividends | -514M | -467M | -449M |
| Other financing charges | -54M | -13M | -27M |
| End cash position | 2.9B | 3.4B | 1.4B |
| Income tax paid | — | — | — |
| Interest paid | — | — | — |
| Free cash flow | 1.6B | 2.1B | 2.5B |