Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 25.2B | 3.9B | -11.5B | 6.4B |
| Net income | 21.5B | 5.9B | 13.8B | 27.4B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -3.0B | 491M | -3.6B | -861M |
| Accounts receivable | 8.5B | 619M | -15.7B | -12.6B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -1.8B | -3.1B | -6.0B | -7.5B |
| Investing activities | -18.9B | -15.5B | -12.7B | -1.7B |
| Capital expenditures | -18.8B | -13.0B | -12.2B | -2.4B |
| Net intangibles | — | — | — | — |
| Net acquisitions | 0 | -872M | 0 | 1.5B |
| Purchase of investments | -6.1B | -1.1B | -432M | -775M |
| Sale of investments | 7.1B | 51M | 415M | 31M |
| Other investing activity | -1.2B | -520M | -506M | -67M |
| Financing activities | -19.0B | -3.7B | -2.0B | -19.1B |
| Long term debt issuance | 8B | 22B | 31.4B | 10B |
| Long term debt payments | -17.0B | -18.7B | -27.3B | -25.4B |
| Short term debt issuance | -6.4B | -3.7B | -1.4B | -1.1B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -3.4B | -3.0B | -4.4B | -2.4B |
| Other financing charges | -286M | -276M | -259M | -241M |
| End cash position | 25.1B | 22.1B | 18.1B | 30.3B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 22.1B | 7.8B | -11.5B | 6.5B |