Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 1.8B | 2.0B | 1.7B | 1.9B |
| Net income | 1.6B | 1.7B | 1.4B | 1.3B |
| Depreciation | 336M | 356M | 440M | 438M |
| Deferred taxes | — | — | — | 34M |
| StockBased compensation | 243M | 212M | 172M | 129M |
| Other non cash items | 16M | 38M | 23M | 3M |
| Accounts receivable | -246M | -180M | -112M | 3M |
| Accounts payable | 302M | -144M | 451M | 578M |
| Other assets liabilities | -427M | 48M | -668M | -581M |
| Investing activities | -250M | -161M | -1.1B | -499M |
| Capital expenditures | — | 0 | 0 | 6M |
| Net intangibles | — | — | — | — |
| Net acquisitions | -290M | -180M | -1.2B | -521M |
| Purchase of investments | — | — | — | — |
| Sale of investments | 40M | 19M | 46M | 16M |
| Other investing activity | — | — | — | — |
| Financing activities | -1.4B | -1.3B | -906M | -429M |
| Long term debt issuance | 1.3B | 0 | 595M | 844M |
| Long term debt payments | -1.9B | -1M | -285M | -353M |
| Short term debt issuance | — | — | 0 | 0 |
| Common stock issuance | 75M | 104M | 156M | 102M |
| Common stock repurchase | -247M | -804M | -836M | -528M |
| Common dividends | -654M | -589M | -530M | -482M |
| Other financing charges | -4M | -5M | -6M | -12M |
| End cash position | 2.1B | 1.7B | 1.3B | 1.9B |
| Income tax paid | 627M | 587M | 307M | 257M |
| Interest paid | 253M | 234M | 226M | 207M |
| Free cash flow | 2.1B | 1.8B | 1.6B | 1.6B |