Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 18.8B | 20.7B | 28.8B | 14.9B |
| Net income | 9.2B | 11.0B | 18.7B | 8.1B |
| Depreciation | 9.6B | 8.4B | 7.8B | 7.3B |
| Deferred taxes | 367M | 1.1B | 2.1B | 1.3B |
| StockBased compensation | — | — | — | — |
| Other non cash items | 455M | 63M | 336M | -546M |
| Accounts receivable | -262M | 1.3B | -963M | -2.5B |
| Accounts payable | -543M | -1.1B | 901M | 1.4B |
| Other assets liabilities | -68M | -103M | -38M | -160M |
| Investing activities | 968M | -752M | 1.4B | -3.2B |
| Capital expenditures | — | — | — | — |
| Net intangibles | — | — | — | — |
| Net acquisitions | -24M | -2.7B | -60M | -8.3B |
| Purchase of investments | -3.4B | -2.3B | -5.8B | -5.8B |
| Sale of investments | 3.8B | 3.7B | 3.2B | 8.9B |
| Other investing activity | 577M | 599M | 4.1B | 2.0B |
| Financing activities | -8.8B | -8.7B | -18.1B | -6.3B |
| Long term debt issuance | 5.6B | 3.8B | 2.9B | 0 |
| Long term debt payments | -5.0B | -1.4B | -6.3B | -505M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | 362M | 145M |
| Common stock repurchase | -5.5B | -5.5B | -9.3B | -3.6B |
| Common dividends | -3.6B | -5.6B | -5.7B | -2.4B |
| Other financing charges | -258M | -34M | -49M | 7M |
| End cash position | 5.9B | 5.9B | 6.7B | 5.4B |
| Income tax paid | 3.6B | 5.4B | 7.4B | 856M |
| Interest paid | 806M | 701M | 873M | 924M |
| Free cash flow | 8.0B | 8.7B | 18.2B | 11.7B |