Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 1.5B | 1.6B | 2.0B | 1.9B |
| Net income | 367.1M | 628.7M | 924.5M | 1.1B |
| Depreciation | 982.5M | 817.9M | 733.9M | 697.0M |
| Deferred taxes | 41.9M | 98.4M | 131.8M | 101.1M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 90.6M | 102.1M | 85.3M | 92.0M |
| Accounts receivable | -1.5M | -38.6M | 44.2M | -19.5M |
| Accounts payable | 14.4M | -10.7M | 34.3M | 10.5M |
| Other assets liabilities | -37.0M | 31.3M | 5.4M | -56.7M |
| Investing activities | -2.9B | -2.0B | -2.4B | -1.9B |
| Capital expenditures | -2.8B | -2.3B | -2.0B | -1.5B |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -677.0M | -519.7M | -841.7M | -887.5M |
| Sale of investments | 572.2M | 724.0M | 433.6M | 542.9M |
| Other investing activity | 4.0M | 3.0M | 9.3M | -9.3M |
| Financing activities | 895.1M | 66.5M | 59.8M | 1.4B |
| Long term debt issuance | 1.9B | 1.2B | 1.0B | 2.0B |
| Long term debt payments | -925.7M | -1.0B | -926.2M | -603.8M |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -35.3M | -31.8M | -33.7M | -29.4M |
| Other financing charges | 705K | -62.7M | 1.8M | 96.9M |
| End cash position | 988.8M | 1.5B | 2.1B | 2.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -2.0B | -1.5B | -994.3M | -190.3M |