Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 4.3B | 2.3B | 3.4B | 5.8B |
| Net income | 3.5B | 2.2B | 3.0B | 4.2B |
| Depreciation | 481M | 458M | 419M | 390M |
| Deferred taxes | -98M | -458M | -421M | 219M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 507M | 735M | 574M | 522M |
| Accounts receivable | 33M | -645M | -197M | 424M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -117M | 7M | 21M | 37M |
| Investing activities | -1.3B | 666M | -431M | 1.5B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | -1.4B | 0 | 0 | — |
| Purchase of investments | -2.8B | -3.6B | -3.9B | -3.0B |
| Sale of investments | 3.6B | 5.0B | 4.0B | 5.1B |
| Other investing activity | -688M | -722M | -549M | -549M |
| Financing activities | -1.5B | 195M | -4.2B | -4.7B |
| Long term debt issuance | 2.4B | 3.0B | 5.0B | 3.1B |
| Long term debt payments | -3.0B | -1.3B | -5.3B | -4.4B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 488M | 0 | 0 | 0 |
| Common stock repurchase | -1.0B | -1.1B | -3.3B | -2.9B |
| Common dividends | -470M | -448M | -476M | -542M |
| Other financing charges | 36M | -22M | -44M | 29M |
| End cash position | 14.8B | 14.4B | 10.4B | 8.7B |
| Income tax paid | 1.1B | 1.1B | 1.3B | 1.1B |
| Interest paid | 4.7B | 3.6B | 1.4B | 1.0B |
| Free cash flow | 9.8B | 8.6B | 6.7B | 7.1B |