Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 12.2B | 11.1B | 7.0B | 6.7B |
| Net income | 10.8B | 10.3B | 6.7B | 6.5B |
| Depreciation | 2.2B | 2.1B | 2.2B | 2.4B |
| Deferred taxes | -621M | -592M | -377M | -383M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 564M | 375M | 701M | 216M |
| Accounts receivable | -160M | -437M | -220M | -1.3B |
| Accounts payable | -282M | -754M | 798M | 2.0B |
| Other assets liabilities | -245M | 60M | -2.8B | -2.7B |
| Investing activities | 762M | -2.8B | 58M | -612M |
| Capital expenditures | 722M | 781M | 830M | 1.3B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -61M | -4M | 1M | 36M |
| Purchase of investments | -1.5B | -4.5B | -3.2B | -2.3B |
| Sale of investments | 3.2B | 1.9B | 2.4B | 785M |
| Other investing activity | -1.5B | -967M | 9M | -442M |
| Financing activities | -9.6B | -6.9B | -7.3B | -4.2B |
| Long term debt issuance | 10.3B | 8.3B | 6.7B | 7.0B |
| Long term debt payments | -9.3B | -6.3B | -7.7B | -9.8B |
| Short term debt issuance | -168M | -1.3B | 402M | 3.5B |
| Common stock issuance | 20M | 12M | 51M | 135M |
| Common stock repurchase | -7.7B | -5.0B | -4.2B | -2.7B |
| Common dividends | -2.6B | -2.6B | -2.4B | -2.3B |
| Other financing charges | -41M | — | -10M | -4M |
| End cash position | 6.9B | 7.0B | 7.0B | 9.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 8.8B | 9.8B | 5.2B | 4.7B |