| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.4B | $11.3B | $10.9B | -7.5% | -4.7% |
| Op. Income | $1.7B | $2.3B | $2.6B | -27.0% | -35.0% |
| Gross Margin | 50.0% | 51.3% | 55.5% | -1.3pp | -5.4pp |
| Net Margin | 13.8% | 17.9% | 19.2% | -4.1pp | -5.4pp |
| EPS (Diluted) | $0.81 | $1.14 | $1.17 | -28.9% | -30.8% |
| Free Cash Flow | $2.3B | $2.0B | $2.2B | 13.9% | 3.3% |
| Item | Amount |
|---|---|
| REVENUE | $10.4B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $780M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $1.7B |
| Interest Income | $55M |
| Interest Expense | $56M |
| Other Income/Expenses | $55M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $323M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $815M |
| EBIT | $1.8B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.4B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $780M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $1.7B |
| Interest Income | $55M |
| Interest Expense | $56M |
| Other Income/Expenses | $55M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $323M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $815M |
| EBIT | $1.8B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $815M |
| Stock-Based Compensation | $123M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $71M |
| Change in Working Capital | $336M |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$467M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$484M |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | -$798M |
| Common Dividends Paid | -$826M |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | $657M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.6B |
| Short-Term Investments | $313M |
| Net Receivables | $6.4B |
| Inventory | $5.7B |
| Other Current Assets | $2.8B |
| TOTAL CURRENT ASSETS | $24.8B |
| PP&E (Net) | $8.7B |
| Goodwill | $22.3B |
| Intangible Assets | $10.8B |
| Long-Term Investments | $764M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $48.0B |
| TOTAL ASSETS | $72.8B |
| Account Payables | $4.1B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.3B |
| TOTAL CURRENT LIABILITIES | $13.4B |
| Long-Term Debt | $15.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.3B |
| TOTAL NON-CURRENT LIABILITIES | $23.6B |
| TOTAL LIABILITIES | $36.9B |
| Common Stock | $24.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $35.1B |
| Treasury Stock | -$14.6B |
| Accum. Other Comp. Income | -$9.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35.7B |
| Minority Interest | $209M |
| TOTAL EQUITY | $35.9B |
| TOTAL LIABILITIES & EQUITY | $72.8B |
| Total Debt | $16.4B |
| Net Debt | $6.8B |
