| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $2.4B | -1.5% | 6.3% |
| Op. Income | $879M | $926M | $857M | -5.1% | 2.6% |
| Gross Margin | 50.7% | 51.5% | 51.2% | -0.8pp | -0.5pp |
| Net Margin | 23.6% | 25.1% | 23.4% | -1.5pp | 0.2pp |
| EPS (Diluted) | $0.65 | $0.71 | $0.61 | -8.2% | 6.0% |
| Free Cash Flow | $376M | $332M | $201M | 13.4% | 87.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $436M |
| Operating Expenses | $436M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $879M |
| Interest Income | $0 |
| Interest Expense | $140M |
| Other Income/Expenses | -$76M |
| INCOME BEFORE TAX | $803M |
| Income Tax Expense | $191M |
| Net Income from Continuing Ops | $612M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $612M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $612M |
| D&A | $345M |
| EBIT | $943M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $436M |
| Operating Expenses | $436M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $879M |
| Interest Income | $0 |
| Interest Expense | $140M |
| Other Income/Expenses | -$76M |
| INCOME BEFORE TAX | $803M |
| Income Tax Expense | $191M |
| Net Income from Continuing Ops | $612M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $612M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $612M |
| D&A | $345M |
| EBIT | $943M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $612M |
| Depreciation & Amortization | $345M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $930M |
| Capital Expenditure | -$553M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$555M |
| Net Debt Issuance | -$316M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$129M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$436M |
| FREE CASH FLOW | $376M |
| Net Change in Cash | -$69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $297M |
| Other Current Assets | $191M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $38.9B |
| Goodwill | $13.3B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $406M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $57.8B |
| TOTAL ASSETS | $60.1B |
| Account Payables | $1.9B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.2B |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $22.9B |
| TOTAL LIABILITIES | $27.1B |
| Common Stock | $18.8B |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $13.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.3B |
| Minority Interest | $685M |
| TOTAL EQUITY | $32.9B |
| TOTAL LIABILITIES & EQUITY | $60.1B |
| Total Debt | $16.0B |
| Net Debt | $15.7B |
