| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.0B | $14.2B | $12.4B | 5.2% | 20.9% |
| Op. Income | $2.4B | $1.9B | $1.7B | 24.7% | 45.7% |
| Gross Margin | 31.0% | 29.1% | 29.6% | 1.8pp | 1.4pp |
| Net Margin | 13.6% | 11.7% | 11.5% | 1.9pp | 2.1pp |
| EPS (Diluted) | $3.87 | $3.13 | $2.60 | 23.6% | 48.8% |
| Free Cash Flow | $1.9B | $1.6B | $1.2B | 13.8% | 61.7% |
| Item | Amount |
|---|---|
| REVENUE | $15.0B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $476M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $339M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $12.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $52M |
| Interest Expense | $109M |
| Other Income/Expenses | $142M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $527M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $551M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $15.0B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $476M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $339M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $12.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $52M |
| Interest Expense | $109M |
| Other Income/Expenses | $142M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $527M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $551M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $551M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | -$66M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$127M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$617M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$289M |
| Sales/Maturities of Investments | $876M |
| Other Investing Activities | $220M |
| NET CASH FROM INVESTING | $190M |
| Net Debt Issuance | -$246M |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$633M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2.3B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $332M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $0 |
| Net Receivables | $17.1B |
| Inventory | $16.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42.6B |
| PP&E (Net) | $11.6B |
| Goodwill | $6.1B |
| Intangible Assets | $806M |
| Long-Term Investments | $0 |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $17.6B |
| TOTAL NON-CURRENT ASSETS | $38.3B |
| TOTAL ASSETS | $80.9B |
| Account Payables | $8.3B |
| Short-Term Debt | $11.0B |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $30.2B |
| Long-Term Debt | $25.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.6B |
| TOTAL NON-CURRENT LIABILITIES | $35.1B |
| TOTAL LIABILITIES | $65.3B |
| Common Stock | $6.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $43.3B |
| Treasury Stock | -$30.9B |
| Accum. Other Comp. Income | -$3.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.6B |
| Minority Interest | $31M |
| TOTAL EQUITY | $15.6B |
| TOTAL LIABILITIES & EQUITY | $80.9B |
| Total Debt | $36.5B |
| Net Debt | $30.2B |
