Financials
Cash flow
| Fiscal date | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating activities | -19.6B | 108.1B | 15.3B | 2.1B |
| Net income | 27.5B | 104.8B | 131.0B | 152.0B |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | -46.5B | -59.9B | -42.2B | -43.5B |
| Accounts receivable | 4.9B | 28.4B | 9.7B | -29.1B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | -5.3B | 34.8B | -83.2B | -77.3B |
| Investing activities | 17.4B | 1.3B | 17.8B | 67.4B |
| Capital expenditures | 2.7B | 2.5B | 3.6B | 11.1B |
| Net intangibles | — | — | — | -12.4B |
| Net acquisitions | 0 | -2.5B | -3.1B | -1.7B |
| Purchase of investments | -38.3B | -17.9B | -19.8B | -93.3B |
| Sale of investments | 53.5B | 19.8B | 38.9B | 151.6B |
| Other investing activity | -502M | -615M | -1.9B | -214M |
| Financing activities | -35.3B | -55.8B | -37.3B | -90.6B |
| Long term debt issuance | 13.5B | 100.6B | 98.2B | 11.7B |
| Long term debt payments | -10.5B | -11.1B | -49.5B | -14.4B |
| Short term debt issuance | 35.0B | -20B | -10B | -135M |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | -4M | -50.0B | -14M | -24.1B |
| Common dividends | -73.3B | -74.7B | -70.1B | -63.8B |
| Other financing charges | 6M | -592M | -5.8B | — |
| End cash position | 444.7B | 424.8B | 373.5B | 414.1B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 70.1B | 109.3B | -7.4B | 55.1B |