Financials
Cash flow
| Fiscal date | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Operating activities | 3.7B | 100.7B | 87.3B | -97.4B |
| Net income | 49.6B | 37.7B | 48.3B | 29.1B |
| Depreciation | 7.5B | 7.1B | 7.9B | 8.6B |
| Deferred taxes | -4.5B | -2.7B | 3.7B | -3.6B |
| StockBased compensation | — | — | — | — |
| Other non cash items | 7.3B | 26.1B | -8.6B | 13.8B |
| Accounts receivable | 19.9B | -23.0B | -12.4B | -18.0B |
| Accounts payable | -25.4B | 58.6B | 43.2B | 7.4B |
| Other assets liabilities | -50.7B | -3.0B | 5.1B | -134.7B |
| Investing activities | 68.9B | 535M | -107.9B | -188.1B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | -9.9B | 0 | 0 | — |
| Purchase of investments | -119.6B | -159.9B | -360.5B | -409.5B |
| Sale of investments | 215.2B | 172.4B | 263.7B | 228.8B |
| Other investing activity | -16.7B | -11.9B | -11.0B | -7.3B |
| Financing activities | -7.2B | 2.2B | 3.0B | -37.6B |
| Long term debt issuance | 75.4B | 78.4B | 82.4B | 78.7B |
| Long term debt payments | -64.9B | -45.6B | -54.9B | -105.1B |
| Short term debt issuance | -1.9B | -9.0B | 7.8B | 4.4B |
| Common stock issuance | 0 | 0 | 7.4B | 4.5B |
| Common stock repurchase | -9.8B | -10.6B | -21.0B | -7.9B |
| Common dividends | -13.5B | -13.6B | -12.9B | -12.7B |
| Other financing charges | 7.5B | 2.4B | -5.7B | 420M |
| End cash position | 624.2B | 567.2B | 740.8B | 527.6B |
| Income tax paid | 9.9B | 4.4B | 18.7B | 8.1B |
| Interest paid | 77.1B | 23.1B | 5.1B | 13.1B |
| Free cash flow | 13.0B | 107.1B | 78.1B | -79.9B |