| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $1.7B | 0.4% | 12.3% |
| Op. Income | $406M | $1.9B | $1.7B | -78.9% | -75.8% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 14.3% | 8.6% | 20.7% | 5.7pp | -6.4pp |
| EPS (Diluted) | $3.24 | $1.93 | $16.24 | 67.9% | -80.0% |
| Free Cash Flow | $96M | $515M | $280M | -81.4% | -65.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $2.8B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $406M |
| Interest Income | $20M |
| Interest Expense | $60M |
| Other Income/Expenses | $165M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $276M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276M |
| D&A | $22M |
| EBIT | $366M |
| EBITDA | $388M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $2.8B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $406M |
| Interest Income | $20M |
| Interest Expense | $60M |
| Other Income/Expenses | $165M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $276M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276M |
| D&A | $22M |
| EBIT | $366M |
| EBITDA | $388M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $276M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$162M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$224M |
| Other Financing Activities | $219M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $872M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $103M |
| Goodwill | $246M |
| Intangible Assets | $396M |
| Long-Term Investments | $1.8B |
| Tax Assets | $383M |
| Other Non-Current Assets | $17.6B |
| TOTAL NON-CURRENT ASSETS | $20.6B |
| TOTAL ASSETS | $24.1B |
| Account Payables | $1.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.0B |
| TOTAL CURRENT LIABILITIES | $9.0B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $153M |
| Other Non-Current Liabilities | $9.2B |
| TOTAL NON-CURRENT LIABILITIES | $11.0B |
| TOTAL LIABILITIES | $20.0B |
| Common Stock | $85M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$543M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $24.1B |
| Total Debt | $1.6B |
| Net Debt | $740M |
