Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 518.3B | 372.3B | 296.3B | 312.7B |
| Net income | 488.8B | 455.8B | 440.5B | 353.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 79.9B | 86.7B | 146.2B | 154.3B |
| Accounts receivable | 23.5B | -40.6B | -43.4B | 14.0B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -73.9B | -129.6B | -247.0B | -208.9B |
| Investing activities | -111.6B | 45.6B | -505.2B | -467.4B |
| Capital expenditures | 9.7B | 12.7B | -478.6B | -396.3B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -114.7B | -15.0B | -17.2B | -65.3B |
| Purchase of investments | -17.8B | -11.2B | -11.8B | -13.1B |
| Sale of investments | 20.7B | 43.7B | 14.7B | 8.0B |
| Other investing activity | -9.5B | 15.4B | -12.2B | -730M |
| Financing activities | -29.7B | 108.7B | 302.8B | 39.6B |
| Long term debt issuance | 590.3B | 690.5B | 634.8B | 231.3B |
| Long term debt payments | -473.9B | -404.7B | -226.9B | -155.8B |
| Short term debt issuance | 44.6B | 9.3B | -23.4B | 19.0B |
| Common stock issuance | 1M | 0 | 189M | 4.3B |
| Common stock repurchase | -100.0B | -87.2B | -10M | -12M |
| Common dividends | -95.6B | -87.5B | -86.1B | -79.2B |
| Other financing charges | 4.9B | -11.7B | 4.2B | 20.0B |
| End cash position | 327.0B | 439.6B | 346.2B | 326.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 38.8B | -53.8B | -256.2B | -74.5B |