| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.2B | $2.9B | -5.1% | 3.1% |
| Op. Income | $1.1B | $1.1B | $1.1B | -2.8% | -0.1% |
| Gross Margin | 40.4% | 41.3% | 41.3% | -0.8pp | -0.9pp |
| Net Margin | 26.4% | 25.7% | 27.8% | 0.7pp | -1.4pp |
| EPS (Diluted) | $1.26 | $1.28 | $1.24 | -1.7% | 1.8% |
| Free Cash Flow | $437M | $702M | $435M | -37.7% | 0.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$83M |
| SG&A Expenses | -$83M |
| Other Expenses | $191M |
| Operating Expenses | $107M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $168M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $793M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $793M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $793M |
| D&A | $347M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$83M |
| SG&A Expenses | -$83M |
| Other Expenses | $191M |
| Operating Expenses | $107M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $168M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $793M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $793M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $793M |
| D&A | $347M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $793M |
| Depreciation & Amortization | $347M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $111M |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | $91M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$859M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$870M |
| Net Debt Issuance | $233M |
| Common Stock Repurchased | -$326M |
| Common Dividends Paid | -$389M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$489M |
| FREE CASH FLOW | $437M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $0 |
| Net Receivables | $908M |
| Inventory | $530M |
| Other Current Assets | $586M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $34.0B |
| Goodwill | $0 |
| Intangible Assets | $545M |
| Long-Term Investments | $0 |
| Tax Assets | $482M |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $37.6B |
| TOTAL ASSETS | $39.8B |
| Account Payables | $1.9B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $13.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.6B |
| Other Non-Current Liabilities | $767M |
| TOTAL NON-CURRENT LIABILITIES | $22.1B |
| TOTAL LIABILITIES | $25.6B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $263M |
| Retained Earnings | $13.1B |
| Treasury Stock | -$94M |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.2B |
| TOTAL LIABILITIES & EQUITY | $39.8B |
| Total Debt | $15.3B |
| Net Debt | $15.1B |
