| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $4.7B | $5.4B | -14.6% | -25.3% |
| Op. Income | $524M | $1.3B | $1.2B | -60.6% | -57.5% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 4.6% | 37.8% | 19.3% | -33.2pp | -14.7pp |
| EPS (Diluted) | $0.31 | $2.82 | $1.57 | -89.0% | -80.3% |
| Free Cash Flow | $1.0B | $1.1B | $870M | -4.0% | 18.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.5B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $524M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $524M |
| Income Tax Expense | $339M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $524M |
| EBITDA | $524M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.5B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $524M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $524M |
| Income Tax Expense | $339M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $524M |
| EBITDA | $524M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $942M |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$675M |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | -$693M |
| Net Debt Issuance | -$450M |
| Common Stock Repurchased | -$600M |
| Common Dividends Paid | -$239M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | -$767M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $75.7B |
| Net Receivables | $647M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $80.3B |
| PP&E (Net) | $530M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | -$75.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $126.6B |
| TOTAL NON-CURRENT ASSETS | $51.4B |
| TOTAL ASSETS | $131.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104.2B |
| TOTAL NON-CURRENT LIABILITIES | $111.6B |
| TOTAL LIABILITIES | $111.6B |
| Common Stock | $135M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $44.4B |
| Treasury Stock | -$20.6B |
| Accum. Other Comp. Income | -$6.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.1B |
| TOTAL LIABILITIES & EQUITY | $131.7B |
| Total Debt | $7.4B |
| Net Debt | $3.5B |
