Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 9.4B | 7.4B | 6.1B | 2.0B |
| Net income | 3.1B | 2.6B | 737M | -2.0B |
| Depreciation | 2.9B | 2.7B | 2.5B | 2.5B |
| Deferred taxes | 935M | 756M | 248M | -583M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 333M | 229M | 390M | 425M |
| Accounts receivable | 280M | -100M | -158M | -448M |
| Accounts payable | 178M | 572M | 796M | 985M |
| Other assets liabilities | 1.6B | 655M | 1.6B | 1.1B |
| Investing activities | 3.0B | 1.1B | -9.0B | 435M |
| Capital expenditures | 109M | 39M | 207M | 107M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -5.8B | -9.5B | -11.2B | -68M |
| Sale of investments | 8.7B | 10.5B | 2.1B | 397M |
| Other investing activity | 3M | -23M | -69M | -1M |
| Financing activities | -4.2B | -1.9B | -3.3B | 6.4B |
| Long term debt issuance | 6.1B | 2.4B | 736M | 11.1B |
| Long term debt payments | -10.1B | -4.2B | -4.0B | -5.2B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | 0 | 0 | 532M |
| Common stock repurchase | -162M | 0 | 0 | 0 |
| Common dividends | — | — | — | — |
| Other financing charges | -21M | -32M | -74M | -27M |
| End cash position | 8.9B | 6.3B | 7.4B | 18.5B |
| Income tax paid | 88M | 7M | 8M | 0 |
| Interest paid | 1.5B | 1.8B | 1.6B | 1.4B |
| Free cash flow | 3.8B | -260M | 1.2B | -40M |