Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | 3.9B | 3.6B | 3.1B | 2.9B |
| Net income | 1.8B | 1.7B | 1.5B | 1.4B |
| Depreciation | 1.9B | 1.8B | 1.7B | 1.5B |
| Deferred taxes | 154M | 272M | 182M | 147M |
| StockBased compensation | — | — | — | — |
| Other non cash items | -96M | -29M | 27M | -2M |
| Accounts receivable | -2M | 142M | -479M | -88M |
| Accounts payable | 115M | -390M | 449M | 164M |
| Other assets liabilities | -23M | 74M | -265M | -209M |
| Investing activities | -5.2B | -3.6B | -3.8B | -3.3B |
| Capital expenditures | -5.0B | -4.0B | -3.6B | -3.2B |
| Net intangibles | -206M | -183M | -278M | -197M |
| Net acquisitions | 0 | 430M | -100M | 0 |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | — | — | — |
| Other investing activity | -177M | -3M | -94M | -102M |
| Financing activities | 1.1B | 613M | 1.0B | 451M |
| Long term debt issuance | 11.7B | 10.0B | 9.7B | 6.4B |
| Long term debt payments | -9.8B | -8.5B | -7.9B | -5.4B |
| Short term debt issuance | -25M | -126M | -21M | 115M |
| Common stock issuance | 46M | 43M | 53M | 60M |
| Common stock repurchase | — | — | — | — |
| Common dividends | -818M | -768M | -737M | -671M |
| Other financing charges | -108M | -77M | -71M | -76M |
| End cash position | 220M | 625M | 209M | 131M |
| Income tax paid | — | 129M | 79M | — |
| Interest paid | 1.4B | 1.3B | 1.1B | 986M |
| Free cash flow | -1.3B | -624M | -791M | -479M |