Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 87.1B | 83.4B | 84.0B | 82.9B |
| Net income | 47.8B | 47.0B | 47.2B | 46.1B |
| Depreciation | 39.6B | 39.7B | 39.4B | 38.4B |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 8M | 8M | 16M | 19M |
| Other non cash items | 395M | 497M | 1.1B | 805M |
| Accounts receivable | -3.7B | -1.6B | -1.9B | -1.5B |
| Accounts payable | 3.3B | -2.0B | -1.6B | 2.5B |
| Other assets liabilities | -404M | -149M | -299M | -3.4B |
| Investing activities | -36.5B | -50.9B | -29.6B | -31.6B |
| Capital expenditures | -28.7B | -30.7B | -31.5B | -35.3B |
| Net intangibles | -234M | -237M | -1.9B | -256M |
| Net acquisitions | -776M | -1.6B | 288M | -321M |
| Purchase of investments | -75.4B | -45.7B | -6.0B | -17.7B |
| Sale of investments | 70.0B | 28.6B | 7.4B | 21.4B |
| Other investing activity | -1.7B | -1.6B | 235M | 338M |
| Financing activities | -42.6B | -43.5B | -35.4B | -46.5B |
| Long term debt issuance | 35M | 0 | 3.5B | 7B |
| Long term debt payments | -5.0B | -6.6B | -4.4B | -15.9B |
| Short term debt issuance | -370M | -137M | 657M | -7.0B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -36.9B | -36.5B | -35.7B | -33.4B |
| Other financing charges | -327M | -233M | 566M | 2.8B |
| End cash position | 36.3B | 33.8B | 50.2B | 39.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 50.3B | 43.6B | 42.5B | 39.3B |