Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 12.3B | 8.2B | 4.0B | 7.8B |
| Net income | 4.6B | 2.9B | 2.5B | 3.6B |
| Depreciation | 6.4B | 6.1B | 5.8B | 5.7B |
| Deferred taxes | 987M | 3M | -200M | 191M |
| StockBased compensation | — | — | — | — |
| Other non cash items | -878M | -930M | -839M | -711M |
| Accounts receivable | -23M | 443M | -788M | -297M |
| Accounts payable | 1.3B | -800M | 805M | 249M |
| Other assets liabilities | -160M | 481M | -3.3B | -913M |
| Investing activities | -843M | 129M | -606M | -1.2B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | 17M | 716M | -52M | -892M |
| Purchase of investments | -5.7B | -3.8B | -4.2B | -6.1B |
| Sale of investments | 5.8B | 3.8B | 4.3B | 6.1B |
| Other investing activity | -960M | -650M | -644M | -333M |
| Financing activities | -625M | 1.9B | 5.8B | 1.6B |
| Long term debt issuance | 9.0B | 10.0B | 11.9B | 9.1B |
| Long term debt payments | -4.8B | -5.2B | -4.7B | -6.3B |
| Short term debt issuance | -927M | 142M | 574M | 479M |
| Common stock issuance | 405M | 8M | 9M | 5M |
| Common stock repurchase | -1B | — | — | — |
| Common dividends | -3.2B | -3.2B | -3.2B | -3.1B |
| Other financing charges | -5M | 154M | 1.2B | 1.5B |
| End cash position | 421M | 357M | 603M | 520M |
| Income tax paid | — | 1M | — | — |
| Interest paid | 3.3B | 2.9B | 2.4B | 2.2B |
| Free cash flow | 48M | -2.7B | -5.4B | -1.4B |