Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 3.5B | 3.2B | 4.0B | 2.4B |
| Net income | 1.8B | 2.5B | 1.6B | 1.2B |
| Depreciation | 2.2B | 2.0B | 2.1B | 2.0B |
| Deferred taxes | 416M | 132M | 435M | 133M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 47M | -43M | 102M | -371M |
| Accounts receivable | -245M | -221M | -376M | -674M |
| Accounts payable | -1M | -285M | 558M | 44M |
| Other assets liabilities | -723M | -932M | -354M | 34M |
| Investing activities | -502M | 3.5B | -397M | 469M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | 3.9B | 0 | 812M |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | — | — | — |
| Other investing activity | -502M | -436M | -397M | -343M |
| Financing activities | 1.7B | -1.5B | 957M | 401M |
| Long term debt issuance | 3.5B | 2.1B | 800M | 2.8B |
| Long term debt payments | -477M | -710M | -406M | -2.0B |
| Short term debt issuance | -118M | -752M | 1.7B | -382M |
| Common stock issuance | — | 0 | 0 | 775M |
| Common stock repurchase | 0 | -1B | 0 | 0 |
| Common dividends | -1.1B | -1.1B | -1.1B | -1.0B |
| Other financing charges | -43M | -36M | -50M | 194M |
| End cash position | 1.3B | 1.2B | 1.5B | 1.1B |
| Income tax paid | 7M | 397M | 47M | 9M |
| Interest paid | 1.1B | 987M | 900M | 924M |
| Free cash flow | -1.2B | -2.3B | -233M | -1.2B |