Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 35.2B | 28.6B | 36.7B | 42.0B |
| Net income | 17.9B | 12.1B | 21.7B | 22.6B |
| Depreciation | 17.9B | 17.6B | 17.1B | 16.2B |
| Deferred taxes | 815M | 2.4B | 3.0B | 4.3B |
| StockBased compensation | — | — | — | — |
| Other non cash items | 173M | -3.7B | -3.8B | -93M |
| Accounts receivable | -2.6B | -2.2B | -2.0B | -1.6B |
| Accounts payable | 1.1B | 2.1B | -33M | 1.5B |
| Other assets liabilities | -196M | 287M | 627M | -905M |
| Investing activities | 28M | 251M | -1.9B | 729M |
| Capital expenditures | — | — | — | — |
| Net intangibles | -900M | -5.8B | -3.7B | -47.6B |
| Net acquisitions | 0 | -30M | 281M | 57M |
| Purchase of investments | — | — | -2.3B | -21M |
| Sale of investments | — | — | — | — |
| Other investing activity | 28M | 281M | 62M | 693M |
| Financing activities | -17.1B | -14.8B | -8.5B | 8.3B |
| Long term debt issuance | 15.6B | 8.6B | 17.8B | 41.4B |
| Long term debt payments | -20.3B | -10.8B | -13.6B | -18.9B |
| Short term debt issuance | 0 | -150M | 106M | 0 |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -11.2B | -11.0B | -10.8B | -10.4B |
| Other financing charges | -1.1B | -1.5B | -2.1B | -3.8B |
| End cash position | 4.6B | 3.5B | 4.1B | 4.2B |
| Income tax paid | 5.6B | — | — | — |
| Interest paid | 5.5B | — | — | — |
| Free cash flow | 18.9B | 12.9B | 10.4B | -28.3B |