Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 2.9B | 7.2B | 4.1B | 5.7B |
| Net income | 2.8B | 7.4B | 4.8B | 4.5B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 53M | -260M | -578M | 1.1B |
| Accounts receivable | 7M | 53M | -67M | 98M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 12M | -19M | -38M | -28M |
| Investing activities | -5.3B | 7.2B | -1.5B | -2.3B |
| Capital expenditures | -1.5B | -1.1B | -1.7B | -2.3B |
| Net intangibles | -1M | -1M | -8M | -9M |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -5.3B | -118M | -74M | -84M |
| Sale of investments | 1.4B | 8.4B | 230M | 57M |
| Other investing activity | — | — | 2M | -1M |
| Financing activities | -5.0B | -2.4B | -1.3B | -1.5B |
| Long term debt issuance | 400M | 170M | 337M | 1.0B |
| Long term debt payments | -681M | -554M | -689M | -1.5B |
| Short term debt issuance | -128M | -92M | 10M | -59M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -3.6B | -946M | 0 | -63M |
| Common dividends | -928M | -938M | -945M | -945M |
| Other financing charges | -1M | -1M | 1M | -2M |
| End cash position | 29.4B | 39.3B | 31.6B | 33.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -1.0B | 1.6B | -746M | 2.9B |