Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 2.4B | 1.4B | 472M | -1.3B |
| Net income | 802M | -182M | -505M | -951M |
| Depreciation | 1.3B | 1.1B | 1.1B | 1.1B |
| Deferred taxes | 111M | -54M | 4M | -406M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 441M | 149M | 118M | -52M |
| Accounts receivable | -361M | 161M | -532M | -170M |
| Accounts payable | -40M | -132M | 470M | -251M |
| Other assets liabilities | 174M | 352M | -136M | -502M |
| Investing activities | -308M | -464M | -1.3B | -935M |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | 74M | -466M | -474M | -990M |
| Purchase of investments | -818M | -937M | -1.5B | -519M |
| Sale of investments | 796M | 1.3B | 1.0B | 616M |
| Other investing activity | -360M | -379M | -368M | -42M |
| Financing activities | -1.2B | -880M | -929M | -1.6B |
| Long term debt issuance | 8.7B | 7.8B | 7.0B | 1.7B |
| Long term debt payments | -10.7B | -10.8B | -8.3B | -4.5B |
| Short term debt issuance | 609M | 818M | 737M | 382M |
| Common stock issuance | 0 | 421M | 60M | 1.2B |
| Common stock repurchase | — | — | — | — |
| Common dividends | -483M | -444M | -422M | -401M |
| Other financing charges | 657M | 1.3B | -42M | -20M |
| End cash position | 2.0B | 2.0B | 2.1B | 1.5B |
| Income tax paid | 345M | 301M | 271M | 459M |
| Interest paid | 1.3B | 1.3B | 928M | 815M |
| Free cash flow | -4.6B | -4.7B | -1.8B | -214M |