Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 1.0T | 874.9B | 837.3B | 473.2B |
| Net income | 1.1T | 1.0T | 948.0B | 841.4B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 118.6B | 111.9B | 79.6B | 23.4B |
| Accounts receivable | -178.4B | -156.7B | 131.9B | -141.8B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 31.3B | -127.6B | -322.3B | -249.8B |
| Investing activities | -140.1B | 278.6B | 386.3B | -159.1B |
| Capital expenditures | 23.4B | 153.1B | 91.9B | 31.4B |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -6.8T | -5.1T | -4.7T | -6.7T |
| Sale of investments | 6.7T | 5.3T | 5.0T | 6.7T |
| Other investing activity | -45.7B | -44.2B | — | -193.1B |
| Financing activities | 125.0B | 230.1B | 335.1B | 457.7B |
| Long term debt issuance | 263.8B | 696.1B | 359.4B | 593.4B |
| Long term debt payments | -317.6B | -350.6B | -290.6B | -406.5B |
| Short term debt issuance | 246.2B | -252.9B | 312.0B | -88.5B |
| Common stock issuance | 220M | 70M | 400M | 397.7B |
| Common stock repurchase | — | — | — | — |
| Common dividends | -67.7B | -60.9B | -50.8B | -43.0B |
| Other financing charges | — | 198.3B | 4.8B | 4.5B |
| End cash position | 1.1T | 972.3B | 686.6B | 361.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 387.4B | 59.1B | -259.6B | 105.1B |