Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 20.3B | 13.3B | 22.9B | 22.8B |
| Net income | 22.8B | 11.6B | 20.6B | 20.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 283.5M | 46.3M | 0 | — |
| Other non cash items | 5.0B | 8.0B | 4.0B | 3.5B |
| Accounts receivable | -4.7B | -3.0B | -678.2M | 526.7M |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -3.1B | -3.3B | -1.0B | -1.2B |
| Investing activities | -22.0B | -26.7B | -18.5B | -9.0B |
| Capital expenditures | -22.0B | -20.7B | -14.9B | -16.5B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -526.8M | -11.7B | -905.1M | -1.7B |
| Purchase of investments | -78.1B | -76.6B | -76.1B | -61.0B |
| Sale of investments | 70.0B | 82.9B | 73.4B | 69.5B |
| Other investing activity | 8.7B | -601.8M | -91.3M | 682.6M |
| Financing activities | -95.2B | -40.5B | -18.8B | -42.5B |
| Long term debt issuance | 43.7B | 18.1B | 12.4B | 34.2B |
| Long term debt payments | -135.5B | -64.3B | -21.9B | -69.3B |
| Short term debt issuance | 1.3B | 11.7B | -3.4B | -3.4B |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | — | — | — | — |
| Common dividends | -4.8B | -6.0B | -5.9B | -4.0B |
| Other financing charges | — | — | — | — |
| End cash position | 5.3B | 7.3B | 10.0B | 7.0B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 7.1B | 11.0B | 28.9B | 25.5B |