Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 267.7B | 275.0B | 285.3B | 206.3B |
| Net income | 193.5B | 183.9B | 177.5B | 195.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 67.1B | 80.5B | 82.2B | 74.8B |
| Accounts receivable | 34.5B | 36.0B | -21.2B | -5.7B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -27.4B | -25.5B | 46.7B | -57.8B |
| Investing activities | -242.5B | -135.2B | -75.3B | -47.4B |
| Capital expenditures | -241.1B | -114.0B | -82.4B | -79.7B |
| Net intangibles | — | — | — | — |
| Net acquisitions | 4.7B | -3.7B | -16.6M | 26.9B |
| Purchase of investments | -17.0B | -20.8B | 0 | -14.7B |
| Sale of investments | 23.4B | 14.8B | 0 | 14.9B |
| Other investing activity | -12.5B | -11.5B | 7.1B | 5.3B |
| Financing activities | -31.3B | -165.4B | -218.0B | -240.4B |
| Long term debt issuance | 193.2B | 80.5B | 91.4B | 25.8B |
| Long term debt payments | -157.0B | -134.4B | -155.4B | -193.1B |
| Short term debt issuance | 30.2B | 709.1M | -68.6B | 35B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -97.7B | -112.2B | -85.4B | -108.1B |
| Other financing charges | — | — | — | — |
| End cash position | 38.0B | 34.6B | 51.9B | 25.8B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 120.9B | 258.9B | 319.6B | 181.6B |