Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 49.1B | 49.7B | 5.7B | 37.9B |
| Net income | 59.6B | 56.8B | 30.3B | 50.1B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -6.3B | -2.7B | -6.7B | -340M |
| Accounts receivable | 4.0B | -13.0B | -3.7B | 4.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -8.3B | 8.6B | -14.2B | -16.6B |
| Investing activities | -47.2B | -9.9B | -42.2B | 5.2B |
| Capital expenditures | -40.7B | -32.7B | -26.2B | 4.1B |
| Net intangibles | -731M | -600M | -450M | -793M |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -1.4B | -474M | -1.2B | -544M |
| Sale of investments | 711M | 17.5B | 75M | 402M |
| Other investing activity | -5.8B | 5.9B | -14.8B | 1.3B |
| Financing activities | -50.1B | -36.6B | -36.3B | -51.5B |
| Long term debt issuance | 25B | 15B | 15B | 10B |
| Long term debt payments | -39.0B | -26.4B | -41.0B | -42.0B |
| Short term debt issuance | 9.8B | -8.5B | -946M | -13.0B |
| Common stock issuance | — | — | 0 | 0 |
| Common stock repurchase | -32.3B | -7.4B | -1.4B | -1M |
| Common dividends | -12.0B | -7.7B | -6.8B | -5.5B |
| Other financing charges | -1.6B | -1.6B | -1.0B | -1.0B |
| End cash position | 81.8B | 93.1B | 57.8B | 91.9B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 12.5B | 32.8B | -13.3B | 10.3B |