Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 138.5B | 150.7B | 102.4B | -132.1B |
| Net income | 164.5B | 145.2B | 72.9B | -105.6B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 22.8B | 19.3B | 55.2B | 25.5B |
| Accounts receivable | -14.5B | -9.1B | -37.3B | -39.5B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -34.2B | -4.7B | 11.7B | -12.5B |
| Investing activities | -261.9B | -247.2B | -213.6B | -185.6B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -10.2B | -22.3B | -2.4B | -1.8B |
| Sale of investments | 120M | 1.4B | 700M | 1.6B |
| Other investing activity | -251.8B | -226.3B | -211.9B | -185.3B |
| Financing activities | -126.0B | -131.3B | -88.5B | 385.0B |
| Long term debt issuance | 112.3B | 39.5B | 28.6B | 228.6B |
| Long term debt payments | -143.5B | -139.6B | -96.6B | -62.0B |
| Short term debt issuance | 114M | 1.5B | 1.2B | -5.1B |
| Common stock issuance | — | — | 0 | 250.9B |
| Common stock repurchase | -50.0B | -1M | -963M | 0 |
| Common dividends | -38.0B | -32.3B | -24.4B | -23.2B |
| Other financing charges | -6.9B | -487M | 3.6B | -4.2B |
| End cash position | 125.4B | 233.2B | 289.9B | 319.6B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 281.4B | 318.3B | 274.0B | -86.5B |