Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 13.9B | 13.1B | 13.0B | 10.8B |
| Net income | 17.2B | 16.7B | 15.6B | 14.1B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -3.3B | -2.4B | -1.6B | -1.3B |
| Accounts receivable | -765.5M | -1.2B | -324.2M | -244.4M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 665.7M | 21.6M | -739.8M | -1.7B |
| Investing activities | -10.2B | -9.9B | -7.8B | -12.4B |
| Capital expenditures | -8.4B | -7.8B | -5.7B | -5.9B |
| Net intangibles | -21.1M | -14.1M | -31M | -97.6M |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -1.7B | -3.2B | -2.1B | -7.2B |
| Sale of investments | 227.9M | 1.4B | 140.5M | 595.3M |
| Other investing activity | -282.5M | -196.7M | -132.3M | 113.1M |
| Financing activities | -7.3B | -7.0B | -7.4B | -4.9B |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | -20.1M | -292.9M | -63.7M | -63.6M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -7.3B | -6.7B | -7.3B | -4.9B |
| Other financing charges | — | — | — | — |
| End cash position | 3.6B | 1.9B | 3.4B | 3.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 8.0B | 5.9B | 7.5B | 5.5B |