Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | 32.2B | 29.8B | 25.3B | 26.7B |
| Net income | 28.8B | 28.1B | 25.0B | 24.6B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | 463M | 415M | 481M | 575M |
| Other non cash items | 6.6B | 6.8B | 4.7B | 3.7B |
| Accounts receivable | -3.6B | -5.2B | -4.8B | -1.5B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -24M | -315M | -106M | -594M |
| Investing activities | -28.2B | -24.5B | -31.8B | -15.2B |
| Capital expenditures | -24.6B | -22.1B | -20.1B | -13.8B |
| Net intangibles | — | — | — | — |
| Net acquisitions | -784M | -833M | -9.5B | -874M |
| Purchase of investments | — | — | — | — |
| Sale of investments | — | — | — | — |
| Other investing activity | -2.9B | -1.5B | -2.2B | -530M |
| Financing activities | -16.2B | -16.2B | -5.8B | -15.8B |
| Long term debt issuance | 24.4B | 18.2B | 19.7B | 8.6B |
| Long term debt payments | -29.2B | -21.7B | -11.9B | -9.7B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | 90M | 93M | 133M | 84M |
| Common stock repurchase | -522M | -531M | -510M | -517M |
| Common dividends | -11.1B | -12.4B | -13.1B | -14.2B |
| Other financing charges | 77M | 103M | -31M | — |
| End cash position | 23.6B | 21.5B | 20.7B | 16.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 28.1B | 26.7B | 20.8B | 20.2B |