| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.2B | $17.9B | $16.7B | 1.3% | 8.5% |
| Op. Income | $582M | $531M | $600M | 9.7% | -2.9% |
| Gross Margin | 28.2% | 27.9% | 28.9% | 0.3pp | -0.7pp |
| Net Margin | 2.1% | 1.9% | 2.5% | 0.2pp | -0.5pp |
| EPS (Diluted) | $0.20 | $0.59 | $0.74 | -66.1% | -73.0% |
| Free Cash Flow | -$86M | $213M | $251M | -140.5% | -134.4% |
| Item | Amount |
|---|---|
| REVENUE | $18.2B |
| Cost of Revenue | $13.0B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.5B |
| Other Expenses | $7M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $17.6B |
| OPERATING INCOME | $582M |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$86M |
| INCOME BEFORE TAX | $496M |
| Income Tax Expense | $121M |
| Net Income from Continuing Ops | $376M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $376M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $572M |
| EBIT | $581M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18.2B |
| Cost of Revenue | $13.0B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.5B |
| Other Expenses | $7M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $17.6B |
| OPERATING INCOME | $582M |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$86M |
| INCOME BEFORE TAX | $496M |
| Income Tax Expense | $121M |
| Net Income from Continuing Ops | $376M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $376M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $572M |
| EBIT | $581M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $376M |
| Depreciation & Amortization | $572M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | $72M |
| Change in Working Capital | -$676M |
| OPERATING CASH FLOW | $420M |
| Capital Expenditure | -$506M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$501M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$64M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$86M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.4B |
| Short-Term Investments | $21M |
| Net Receivables | $705M |
| Inventory | $5.1B |
| Other Current Assets | $493M |
| TOTAL CURRENT ASSETS | $10.7B |
| PP&E (Net) | $14.9B |
| Goodwill | $1.2B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $107M |
| Tax Assets | $0 |
| Other Non-Current Assets | $870M |
| TOTAL NON-CURRENT ASSETS | $19.5B |
| TOTAL ASSETS | $30.2B |
| Account Payables | $4.0B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $13.3B |
| Long-Term Debt | $7.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $897M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $29.4B |
| Common Stock | $6M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$417M |
| Treasury Stock | -$913M |
| Accum. Other Comp. Income | $66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $819M |
| Minority Interest | $0 |
| TOTAL EQUITY | $819M |
| TOTAL LIABILITIES & EQUITY | $30.2B |
| Total Debt | $15.8B |
| Net Debt | $11.4B |
