Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 19.4B | 17.0B | 8.2B | 21.1B |
| Net income | 18.8B | 9.5B | 15.9B | 23.2B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 595M | -247M | -1.5B | 220M |
| Accounts receivable | 2.0B | -3.1B | 5.6B | 6.2B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -2.0B | 10.9B | -11.8B | -8.5B |
| Investing activities | -24.3B | -21.0B | -10.9B | -19.4B |
| Capital expenditures | -23.3B | -14.3B | -12.5B | -8.5B |
| Net intangibles | -385M | -497M | -1.2B | -210M |
| Net acquisitions | 0 | -8.1B | 316M | -10.5B |
| Purchase of investments | -6.3B | -6.8B | -8.8B | -9.9B |
| Sale of investments | 5.3B | 8.1B | 9.7B | 9.5B |
| Other investing activity | 61M | 61M | 232M | -63M |
| Financing activities | -11.4B | -460M | -11.9B | -13.7B |
| Long term debt issuance | 0 | 6.8B | 0 | 0 |
| Long term debt payments | -1.8B | -1.7B | -1.5B | -1.2B |
| Short term debt issuance | -100M | 485M | -462M | -331M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -3.1B | -1M | -3.6B | -6.5B |
| Common dividends | -6.4B | -6.0B | -6.4B | -5.6B |
| Other financing charges | -1M | -1M | -2M | -1M |
| End cash position | 50.7B | 52.4B | 33.9B | 50.6B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 9.6B | 24.3B | -7.8B | 15.9B |