| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.3B | -8.0% | 23.3% |
| Op. Income | $606M | $723M | $391M | -16.2% | 55.0% |
| Gross Margin | 50.8% | 57.6% | 49.0% | -6.8pp | 1.8pp |
| Net Margin | 35.3% | 51.6% | 32.1% | -16.3pp | 3.2pp |
| EPS (Diluted) | $0.63 | $0.99 | $0.46 | -36.8% | 36.5% |
| Free Cash Flow | $348M | $863M | $283M | -59.7% | 23.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $814M |
| GROSS PROFIT | $842M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $236M |
| Operating Expenses | $236M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $606M |
| Interest Income | $0 |
| Interest Expense | $113M |
| Other Income/Expenses | $98M |
| INCOME BEFORE TAX | $704M |
| Income Tax Expense | $119M |
| Net Income from Continuing Ops | $585M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $585M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $585M |
| D&A | $164M |
| EBIT | $816M |
| EBITDA | $981M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $814M |
| GROSS PROFIT | $842M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $236M |
| Operating Expenses | $236M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $606M |
| Interest Income | $0 |
| Interest Expense | $113M |
| Other Income/Expenses | $98M |
| INCOME BEFORE TAX | $704M |
| Income Tax Expense | $119M |
| Net Income from Continuing Ops | $585M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $585M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $585M |
| D&A | $164M |
| EBIT | $816M |
| EBITDA | $981M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $585M |
| Depreciation & Amortization | $164M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | -$44M |
| Change in Working Capital | -$102M |
| OPERATING CASH FLOW | $644M |
| Capital Expenditure | -$296M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$293M |
| Net Debt Issuance | -$355M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$129M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$471M |
| FREE CASH FLOW | $348M |
| Net Change in Cash | -$118M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $0 |
| Net Receivables | $752M |
| Inventory | $208M |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $16.5B |
| Goodwill | $0 |
| Intangible Assets | $281M |
| Long-Term Investments | $33.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $52.4B |
| TOTAL ASSETS | $53.7B |
| Account Payables | $1.2B |
| Short-Term Debt | $801M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $13.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.9B |
| Other Non-Current Liabilities | $523M |
| TOTAL NON-CURRENT LIABILITIES | $22.9B |
| TOTAL LIABILITIES | $24.8B |
| Common Stock | $18.7B |
| Additional Paid-In Capital | $61M |
| Retained Earnings | $10.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $28.9B |
| TOTAL LIABILITIES & EQUITY | $53.7B |
| Total Debt | $14.2B |
| Net Debt | $14.0B |
