| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $6.3B | $6.0B | -10.8% | -5.8% |
| Op. Income | $187M | $840M | $1.6B | -77.7% | -88.7% |
| Gross Margin | 6.2% | 15.5% | 29.6% | -9.3pp | -23.4pp |
| Net Margin | 2.7% | 9.4% | 21.2% | -6.7pp | -18.5pp |
| EPS (Diluted) | $0.29 | $1.13 | $2.33 | -74.3% | -87.6% |
| Free Cash Flow | $288M | $633M | $1.3B | -54.5% | -78.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | $37M |
| Operating Expenses | $161M |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $187M |
| Interest Income | $0 |
| Interest Expense | $64M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $237M |
| EBIT | $239M |
| EBITDA | $476M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | $37M |
| Operating Expenses | $161M |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $187M |
| Interest Income | $0 |
| Interest Expense | $64M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $237M |
| EBIT | $239M |
| EBITDA | $476M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $237M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $86M |
| OPERATING CASH FLOW | $536M |
| Capital Expenditure | -$248M |
| Acquisitions (Net) | -$31M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$260M |
| Net Debt Issuance | -$191M |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | -$267M |
| FREE CASH FLOW | $288M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $5.5B |
| Other Current Assets | $426M |
| TOTAL CURRENT ASSETS | $8.3B |
| PP&E (Net) | $9.0B |
| Goodwill | $1.1B |
| Intangible Assets | $209M |
| Long-Term Investments | $188M |
| Tax Assets | $0 |
| Other Non-Current Assets | $795M |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $19.7B |
| Account Payables | $2.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $740M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $8.8B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $66M |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$280M |
| Accum. Other Comp. Income | $810M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.0B |
| Minority Interest | $260M |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $19.7B |
| Total Debt | $4.5B |
| Net Debt | $4.4B |
