Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 102.6B | 98.8B | -21.9B | 86.9B |
| Net income | 101.4B | 93.7B | 81.6B | 159.7B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -15.2B | -2.2B | -16.4B | -10.3B |
| Accounts receivable | 5.4B | 2.2B | -25.6B | -28.2B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 11.0B | 5.2B | -61.6B | -34.3B |
| Investing activities | -81.4B | -60.0B | -79.1B | -43.5B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | 0 | 150M | -1.4B |
| Purchase of investments | -414M | -163M | -568M | -479M |
| Sale of investments | 2.7B | 493M | 3.2B | 4.0B |
| Other investing activity | -83.7B | -60.3B | -81.9B | -45.5B |
| Financing activities | -34.5B | -29.3B | 51.6B | -57.0B |
| Long term debt issuance | 23.0B | 16.5B | 8.7B | 10.8B |
| Long term debt payments | -13.1B | -9.8B | -10.3B | -11.5B |
| Short term debt issuance | -12.3B | -9.9B | 84.6B | -35.3B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | -11M |
| Common dividends | -30.2B | -25.4B | -28.6B | -19.7B |
| Other financing charges | -1.8B | -736M | -2.7B | -1.2B |
| End cash position | 138.8B | 149.0B | 119.4B | 160.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 106.2B | 117.0B | -16.2B | 108.6B |