| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.6B | $10.4B | $10.1B | 2.5% | 4.9% |
| Op. Income | $1.8B | $1.7B | $1.7B | 7.8% | 8.3% |
| Gross Margin | 51.0% | 51.1% | 49.6% | -0.1pp | 1.4pp |
| Net Margin | 15.5% | 12.5% | 14.2% | 2.9pp | 1.3pp |
| EPS (Diluted) | $0.94 | $0.74 | $0.82 | 27.0% | 14.6% |
| Free Cash Flow | $2.1B | $1.4B | $1.3B | 50.6% | 63.2% |
| Item | Amount |
|---|---|
| REVENUE | $10.6B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $713M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.9B |
| Other Expenses | $0 |
| Operating Expenses | $3.6B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $1.8B |
| Interest Income | $91M |
| Interest Expense | $166M |
| Other Income/Expenses | $122M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $294M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $801M |
| EBIT | $2.1B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.6B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $713M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.9B |
| Other Expenses | $0 |
| Operating Expenses | $3.6B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $1.8B |
| Interest Income | $91M |
| Interest Expense | $166M |
| Other Income/Expenses | $122M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $294M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $801M |
| EBIT | $2.1B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $801M |
| Stock-Based Compensation | $117M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $163M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$556M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$594M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | -$751M |
| Common Dividends Paid | -$960M |
| Other Financing Activities | $92M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | $571M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.6B |
| Short-Term Investments | $230M |
| Net Receivables | $7.1B |
| Inventory | $6.8B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $23.8B |
| PP&E (Net) | $10.6B |
| Goodwill | $23.7B |
| Intangible Assets | $7.4B |
| Long-Term Investments | $912M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.0B |
| TOTAL NON-CURRENT ASSETS | $50.6B |
| TOTAL ASSETS | $74.4B |
| Account Payables | $4.0B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $14.9B |
| Long-Term Debt | $12.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.6B |
| TOTAL NON-CURRENT LIABILITIES | $19.4B |
| TOTAL LIABILITIES | $34.3B |
| Common Stock | $25.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $39.1B |
| Treasury Stock | -$16.5B |
| Accum. Other Comp. Income | -$7.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39.8B |
| Minority Interest | $232M |
| TOTAL EQUITY | $40.0B |
| TOTAL LIABILITIES & EQUITY | $74.4B |
| Total Debt | $15.0B |
| Net Debt | $7.4B |
