| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.3B | — | -1.7% | — |
| Op. Income | $676M | $693M | — | -2.5% | — |
| Gross Margin | 32.0% | 32.2% | — | -0.1pp | — |
| Net Margin | 15.7% | 15.1% | — | 0.6pp | — |
| EPS (Diluted) | $0.41 | $0.40 | — | 2.5% | — |
| Free Cash Flow | $612M | $455M | — | 34.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $362M |
| Other Expenses | $0 |
| Operating Expenses | $362M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $676M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $633M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $511M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $508M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $508M |
| D&A | $108M |
| EBIT | $670M |
| EBITDA | $778M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $362M |
| Other Expenses | $0 |
| Operating Expenses | $362M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $676M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $633M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $511M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $508M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $508M |
| D&A | $108M |
| EBIT | $670M |
| EBITDA | $778M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $508M |
| Depreciation & Amortization | $108M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $83M |
| OPERATING CASH FLOW | $705M |
| Capital Expenditure | -$94M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$271M |
| Common Stock Repurchased | -$170M |
| Common Dividends Paid | -$119M |
| Other Financing Activities | $66M |
| NET CASH FROM FINANCING | -$495M |
| FREE CASH FLOW | $612M |
| Net Change in Cash | $184M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $61M |
| Net Receivables | $2.6B |
| Inventory | $2.1B |
| Other Current Assets | $320M |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $1.5B |
| Goodwill | $6.4B |
| Intangible Assets | $734M |
| Long-Term Investments | $51M |
| Tax Assets | $87M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $15.3B |
| Account Payables | $1.3B |
| Short-Term Debt | $88M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $693M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $410M |
| Other Non-Current Liabilities | $363M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $5.0B |
| Treasury Stock | -$80M |
| Accum. Other Comp. Income | -$535M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $79M |
| TOTAL EQUITY | $7.1B |
| TOTAL LIABILITIES & EQUITY | $15.3B |
| Total Debt | $4.9B |
| Net Debt | $3.5B |
