Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 453.5B | 645.2B | 549.8B | -270.1B |
| Net income | 536.9B | 469.6B | 427.1B | 330.1B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -45.9B | 46.9B | -2.4B | -21.0B |
| Accounts receivable | -25.6B | 8.2B | 128.9B | -318.3B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -11.8B | 120.5B | -3.9B | -260.9B |
| Investing activities | -102.6B | -202.1B | -120.4B | -124.5B |
| Capital expenditures | -166.9B | -149.2B | -143.8B | -125.4B |
| Net intangibles | -18.0B | -23.3B | -19.8B | -31.3B |
| Net acquisitions | -18.7B | -86.8B | 2.5B | -263M |
| Purchase of investments | -70.8B | -34.1B | -21.1B | -29.2B |
| Sale of investments | 161.5B | 62.2B | 32.9B | 19.3B |
| Other investing activity | -7.7B | 5.8B | 9.1B | 11.1B |
| Financing activities | -288.1B | -244.2B | -185.8B | 59.2B |
| Long term debt issuance | 159.0B | 276.8B | 277.8B | 178.6B |
| Long term debt payments | -233.8B | -182.5B | -167.1B | -138.7B |
| Short term debt issuance | -36.1B | -219.3B | -11.0B | 94.3B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -22M | -55M | -20M | -31M |
| Common dividends | -107.4B | -81.3B | -65.5B | -46.5B |
| Other financing charges | -69.7B | -37.8B | -220.0B | -28.4B |
| End cash position | 951.9B | 878.7B | 771.6B | 653.0B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 312.6B | 343.2B | 263.4B | -117.1B |