| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.3B | $18.2B | $17.4B | 0.6% | 5.1% |
| Op. Income | $434M | $582M | $664M | -25.5% | -34.7% |
| Gross Margin | 27.8% | 28.2% | 28.7% | -0.4pp | -0.8pp |
| Net Margin | 1.7% | 2.1% | 2.6% | -0.4pp | -0.9pp |
| EPS (Diluted) | $1.04 | $0.20 | $1.22 | 420.0% | -14.8% |
| Free Cash Flow | $195M | -$86M | $341M | 325.8% | -42.8% |
| Item | Amount |
|---|---|
| REVENUE | $18.3B |
| Cost of Revenue | $13.2B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.7B |
| Other Expenses | -$61M |
| Operating Expenses | $4.7B |
| Cost & Expenses | $17.8B |
| OPERATING INCOME | $434M |
| Interest Income | $0 |
| Interest Expense | $143M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $352M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $311M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $311M |
| Net Income Deductions | -$291M |
| BOTTOM LINE NET INCOME | $602M |
| D&A | $578M |
| EBIT | $495M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18.3B |
| Cost of Revenue | $13.2B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.7B |
| Other Expenses | -$61M |
| Operating Expenses | $4.7B |
| Cost & Expenses | $17.8B |
| OPERATING INCOME | $434M |
| Interest Income | $0 |
| Interest Expense | $143M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $352M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $311M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $311M |
| Net Income Deductions | -$291M |
| BOTTOM LINE NET INCOME | $602M |
| D&A | $578M |
| EBIT | $495M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $311M |
| Depreciation & Amortization | $578M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | -$88M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$80M |
| OPERATING CASH FLOW | $782M |
| Capital Expenditure | -$587M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $88M |
| NET CASH FROM INVESTING | -$499M |
| Net Debt Issuance | -$226M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$4.0B |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$4.2B |
| FREE CASH FLOW | $195M |
| Net Change in Cash | -$4.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $456M |
| Short-Term Investments | $21M |
| Net Receivables | $688M |
| Inventory | $4.8B |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $15.2B |
| Goodwill | $1.2B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $351M |
| Tax Assets | $2.6B |
| Other Non-Current Assets | $643M |
| TOTAL NON-CURRENT ASSETS | $22.5B |
| TOTAL ASSETS | $28.8B |
| Account Payables | $4.2B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $7.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.4B |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $18.7B |
| TOTAL LIABILITIES | $27.1B |
| Common Stock | $6M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$185M |
| Treasury Stock | -$352M |
| Accum. Other Comp. Income | $69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $28.8B |
| Total Debt | $15.0B |
| Net Debt | $14.6B |
