Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 9.4B | 6.9B | 4.3B | 6.0B |
| Net income | 10.9B | 9.0B | 6.3B | 5.9B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 246.1M | 386.9M | 167.8M | 52.9M |
| Accounts receivable | -1.1B | -1.0B | -1.7B | 713.2M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -620.6M | -1.4B | -373.2M | -621.3M |
| Investing activities | -10.2B | -9.5B | -9.2B | -5.5B |
| Capital expenditures | -10.1B | -8.2B | -6.2B | -5.2B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -203.4M | -69.4M | -1.2B | -59.3M |
| Purchase of investments | -25.1M | -1.2B | -1.7B | -262.0M |
| Sale of investments | 70M | — | — | — |
| Other investing activity | — | -1.1M | -60K | -40K |
| Financing activities | 185.1M | 1.5B | -597.5M | -3.1B |
| Long term debt issuance | 989.3M | 4.2B | 3.1B | 259.6M |
| Long term debt payments | -25.9M | -2.2B | -2.7B | -2.1B |
| Short term debt issuance | 417.3M | 523.5M | -146.3M | -386.8M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -1.2B | -984.6M | -879.1M | -843.9M |
| Other financing charges | — | — | — | — |
| End cash position | 10.2B | 5.0B | 2.9B | 4.0B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 4.8B | 2.2B | 2.3B | 2.1B |