Financials
Cash flow
| Fiscal date | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Operating activities | 3.2B | 1.8B | 2.8B | 730M |
| Net income | 199M | 561M | 817M | -1.3B |
| Depreciation | 1.2B | 1.1B | 1.1B | 1.1B |
| Deferred taxes | 1.3B | 209M | 137M | 36M |
| StockBased compensation | — | — | — | — |
| Other non cash items | 498M | 354M | 737M | 888M |
| Accounts receivable | -6M | -231M | 74M | 3M |
| Accounts payable | -45M | 290M | 290M | 20M |
| Other assets liabilities | 68M | -464M | -341M | 24M |
| Investing activities | -1.1B | -580M | -64M | 140M |
| Capital expenditures | -968M | -909M | -776M | -538M |
| Net intangibles | -207M | -151M | -192M | -53M |
| Net acquisitions | -189M | 341M | 122M | 628M |
| Purchase of investments | — | — | — | — |
| Sale of investments | 0 | 0 | 600M | 0 |
| Other investing activity | 24M | -12M | -10M | 50M |
| Financing activities | -536M | -874M | -1.8B | -1.5B |
| Long term debt issuance | 3.9B | 2.0B | 5.0B | 4.2B |
| Long term debt payments | -4.1B | -2.6B | -6.2B | -5.4B |
| Short term debt issuance | — | — | — | — |
| Common stock issuance | — | — | — | — |
| Common stock repurchase | 0 | -111M | 0 | -83M |
| Common dividends | 0 | 0 | 0 | 0 |
| Other financing charges | -352M | -152M | -597M | -231M |
| End cash position | 624M | 495M | 613M | 950M |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | 984M | 415M | 875M | 1.0B |