| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.0B | $3.3B | 6.0% | -2.5% |
| Op. Income | $1.2B | $1.1B | $1.3B | 7.5% | -10.5% |
| Gross Margin | 41.5% | 40.4% | 44.0% | 1.1pp | -2.5pp |
| Net Margin | 26.3% | 26.4% | 47.6% | -0.1pp | -21.3pp |
| EPS (Diluted) | $1.33 | $1.26 | $2.40 | 5.8% | -44.7% |
| Free Cash Flow | $768M | $437M | $1.1B | 75.8% | -28.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $132M |
| Operating Expenses | $132M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $169M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $265M |
| Net Income from Continuing Ops | $837M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $837M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $837M |
| D&A | $357M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $132M |
| Operating Expenses | $132M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $169M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $265M |
| Net Income from Continuing Ops | $837M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $837M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $837M |
| D&A | $357M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $837M |
| Depreciation & Amortization | $357M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $258M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$690M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$704M |
| Net Debt Issuance | -$562M |
| Common Stock Repurchased | -$115M |
| Common Dividends Paid | -$388M |
| Other Financing Activities | $91M |
| NET CASH FROM FINANCING | -$974M |
| FREE CASH FLOW | $768M |
| Net Change in Cash | -$217M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $284M |
| Short-Term Investments | $0 |
| Net Receivables | $955M |
| Inventory | $526M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $35.4B |
| Goodwill | $52M |
| Intangible Assets | $94M |
| Long-Term Investments | $313M |
| Tax Assets | $504M |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $39.8B |
| TOTAL ASSETS | $41.7B |
| Account Payables | $753M |
| Short-Term Debt | $852M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $14.4B |
| Deferred Revenue NC | $136M |
| Deferred Tax Liabilities | $7.9B |
| Other Non-Current Liabilities | $664M |
| TOTAL NON-CURRENT LIABILITIES | $23.4B |
| TOTAL LIABILITIES | $26.3B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $272M |
| Retained Earnings | $13.4B |
| Treasury Stock | -$94M |
| Accum. Other Comp. Income | -$745M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.4B |
| TOTAL LIABILITIES & EQUITY | $41.7B |
| Total Debt | $15.6B |
| Net Debt | $15.3B |
