Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 377.7B | 512.1B | 175.8B | -170.3B |
| Net income | 609.0B | 426.1B | 599.1B | 484.6B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 12.6B | 166.6B | -149.1B | -306.0B |
| Accounts receivable | -89.8B | -76.6B | -9.9B | -200.8B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -154.0B | -4.0B | -264.4B | -148.1B |
| Investing activities | -433.0B | -207.6B | -83.6B | 5.9B |
| Capital expenditures | -95.0B | -84.0B | -55.2B | -64.4B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -269.4B | -58.8B | 18.0B | 61.9B |
| Purchase of investments | -290.5B | -238.2B | -131.7B | -93.9B |
| Sale of investments | 221.9B | 173.4B | 85.2B | 102.3B |
| Other investing activity | — | — | — | — |
| Financing activities | -84.9B | -280.1B | -117.5B | -60.9B |
| Long term debt issuance | 572.9B | 338.0B | 381.2B | 354.7B |
| Long term debt payments | -521.5B | -379.5B | -415.2B | -369.9B |
| Short term debt issuance | 5.0B | -94.4B | 72.2B | 55.7B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -155.0B | -147.3B | -153.1B | -100.0B |
| Other financing charges | 13.7B | 3.1B | -2.6B | -1.4B |
| End cash position | 570.6B | 667.9B | 656.9B | 733.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 509.5B | 515.5B | 162.5B | 124.4B |