Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 83.7B | 77.1B | 65.5B | 56.7B |
| Net income | 90.1B | 81.1B | 70.2B | 59.8B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -3.8B | -2.6B | -2.8B | -2.1B |
| Accounts receivable | -2.5B | -1.5B | -1.8B | -989M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -39M | 21M | -57M | 26M |
| Investing activities | -3.9B | -2.2B | 1.3B | -44.0B |
| Capital expenditures | -2.1B | -3.7B | -1.1B | -1.8B |
| Net intangibles | -16M | -35M | -40M | -90M |
| Net acquisitions | -3.4B | 220M | 0 | 234M |
| Purchase of investments | -4M | -2.7B | -9.5B | -42.2B |
| Sale of investments | 1.7B | 4.0B | 11.9B | 9M |
| Other investing activity | -172M | 38M | 105M | -232M |
| Financing activities | -29.0B | -39.7B | -20.6B | -23.0B |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -6M | -15.8B | -1M | -5.4B |
| Common dividends | -29.0B | -23.9B | -20.6B | -17.5B |
| Other financing charges | — | — | -1M | -1M |
| End cash position | 200.1B | 170.2B | 156.3B | 122.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 60.7B | 52.1B | 51.8B | 37.1B |