Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 1.9B | 1.8B | 1.3B | 2.1B |
| Net income | 1.1B | 944M | 820M | 1.3B |
| Depreciation | 788M | 704M | 649M | 636M |
| Deferred taxes | 156M | 208M | 80M | 230M |
| StockBased compensation | — | — | — | — |
| Other non cash items | -18M | -76M | -44M | -63M |
| Accounts receivable | -46M | -28M | -224M | -53M |
| Accounts payable | 111M | 70M | -8M | 66M |
| Other assets liabilities | -117M | 13M | -5M | -16M |
| Investing activities | -523M | -240M | 170M | 228M |
| Capital expenditures | -152M | -159M | -123M | -109M |
| Net intangibles | — | — | — | — |
| Net acquisitions | -417M | -81M | -315M | -135M |
| Purchase of investments | -135M | 0 | 0 | — |
| Sale of investments | 181M | 0 | 0 | — |
| Other investing activity | — | — | 608M | 472M |
| Financing activities | 1.1B | 1.2B | 1B | -345M |
| Long term debt issuance | 1.4B | 1.3B | 822M | 1.1B |
| Long term debt payments | -475M | -282M | -15M | -872M |
| Short term debt issuance | 700M | -996M | 591M | -198M |
| Common stock issuance | 0 | 1.7B | 0 | 0 |
| Common stock repurchase | — | — | — | 0 |
| Common dividends | -585M | -532M | -467M | -428M |
| Other financing charges | 33M | 46M | 69M | 35M |
| End cash position | 140M | 364M | 117M | 136M |
| Income tax paid | — | 0 | 335M | 1M |
| Interest paid | 483M | 445M | 414M | 389M |
| Free cash flow | -963M | -860M | -1.3B | -432M |