Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 1.1T | 765.8B | 1.2T | 1.1T |
| Net income | 108.1B | 144.2B | 317.0B | 230.2B |
| Depreciation | 761.4B | 728.0B | 664.4B | 583.2B |
| Deferred taxes | 66.9B | -91.4B | 58.1B | 72.4B |
| StockBased compensation | 72.9B | 70.9B | 60.7B | 43.4B |
| Other non cash items | 153.4B | 160.2B | 18.0B | 184.3B |
| Accounts receivable | -59.0B | 15.1B | 75.1B | 127.3B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 6.7B | -261.2B | -15.6B | -153.8B |
| Investing activities | -206.5B | -182.9B | -122.7B | -141.7B |
| Capital expenditures | -200.7B | -166.8B | -139.7B | -121.4B |
| Net intangibles | -178.8B | -305.3B | -493.0B | -62.8B |
| Net acquisitions | 77.2B | 20.0B | 8.0B | -21.5B |
| Purchase of investments | -111.4B | -40.1B | -10.2B | -8.3B |
| Sale of investments | 29.4B | 8.0B | 22.3B | 16.9B |
| Other investing activity | -1.1B | -4.0B | -3.1B | -7.3B |
| Financing activities | -638.4B | -254.0B | -600.6B | -962.1B |
| Long term debt issuance | 1.0T | 100B | 75B | 249.3B |
| Long term debt payments | -1.4T | -375.5B | -400.1B | -849.8B |
| Short term debt issuance | 27.5B | 277B | 40B | -2M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -51.9B | -2.3B | -26.9B | -77.5B |
| Common dividends | -302.5B | -287.2B | -279.4B | -283.7B |
| Other financing charges | 30.2B | 34.0B | -9.2B | -385M |
| End cash position | 385.1B | 457.8B | 533.5B | 849.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 677.6B | 235.6B | 343.5B | 937.1B |