Financials
Cash flow
| Fiscal date | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Operating activities | 118.1B | 89.5B | 88.0B | 59.9B |
| Net income | 34.2B | 33.0B | 32.3B | 22.8B |
| Depreciation | 55.0B | 50.0B | 40.4B | 48.1B |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 7.4B | 5.3B | 7.4B | 3.9B |
| Accounts receivable | -3.8B | -425M | -1.2B | -11.8B |
| Accounts payable | 29.4B | -2.8B | 18.8B | 7.7B |
| Other assets liabilities | -4.1B | 4.4B | -9.7B | -10.9B |
| Investing activities | -102.8B | -68.5B | -84.6B | -24.6B |
| Capital expenditures | -101.2B | -70.7B | -88.2B | -46.9B |
| Net intangibles | — | 0 | 0 | -21M |
| Net acquisitions | -1.4B | -579M | -100M | -1.2B |
| Purchase of investments | -4.4B | -6.3B | -572M | -6.0B |
| Sale of investments | 4.0B | 6.6B | 2.5B | 17.9B |
| Other investing activity | 170M | 2.5B | 1.8B | 11.6B |
| Financing activities | 4.0B | -1.2B | -4.5B | -11.6B |
| Long term debt issuance | 51.5B | 61.3B | 37.5B | 20.5B |
| Long term debt payments | -29.1B | -44.1B | -25.9B | -18.7B |
| Short term debt issuance | 0 | 0 | — | — |
| Common stock issuance | — | — | — | 0 |
| Common stock repurchase | — | — | — | — |
| Common dividends | -17.7B | -16.7B | -15.6B | -13.9B |
| Other financing charges | -658M | -1.6B | -481M | 612M |
| End cash position | 23.9B | 40.2B | 24.4B | 51.7B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -10.4B | 8.6B | -19.0B | 13.8B |