Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 9.8B | -17.2B | -20.8B | 8.4B |
| Net income | 3.3B | 406M | -4.7B | 2.3B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -472M | 1.3B | 379M | 350M |
| Accounts receivable | -1.6B | -10.8B | -3.4B | -3.3B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 8.6B | -8.1B | -13.0B | 9.1B |
| Investing activities | 1.8B | 2.0B | -515M | 467M |
| Capital expenditures | -1.4B | -384M | -404M | -814M |
| Net intangibles | 0 | -42M | -48M | -17M |
| Net acquisitions | -218M | -96M | 0 | 185M |
| Purchase of investments | -348M | -1.2B | -311M | -464M |
| Sale of investments | 723M | 3.7B | 200M | 1.5B |
| Other investing activity | 3.0B | 7M | — | 70M |
| Financing activities | -7.4B | 2.3B | -14.7B | -20.2B |
| Long term debt issuance | 130M | 970M | 3B | 1.4B |
| Long term debt payments | -2.3B | -641M | -16.7B | -22.2B |
| Short term debt issuance | -4.3B | 2.8B | -300M | 2.5B |
| Common stock issuance | 3M | 159M | 0 | 4M |
| Common stock repurchase | 0 | -122M | 0 | -1B |
| Common dividends | -952M | -869M | -735M | -748M |
| Other financing charges | -17M | -2M | -5M | -95M |
| End cash position | 10.7B | 11.1B | 8.0B | 8.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 4.0B | -444M | -1.9B | -2.2B |