| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46.6B | — | $48.8B | — | -4.6% |
| Op. Income | $6.0B | — | $7.7B | — | -22.9% |
| Gross Margin | 31.7% | — | 32.6% | — | -0.9pp |
| Net Margin | 11.8% | — | 13.5% | — | -1.6pp |
| EPS (Diluted) | $2.97 | — | $3.46 | — | -14.2% |
| Free Cash Flow | $2.9B | — | $4.2B | — | -29.5% |
| Item | Amount |
|---|---|
| REVENUE | $46.6B |
| Cost of Revenue | $31.8B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $7.8B |
| Operating Expenses | $8.8B |
| Cost & Expenses | $40.6B |
| OPERATING INCOME | $6.0B |
| Interest Income | $0 |
| Interest Expense | $118M |
| Other Income/Expenses | $2.0B |
| INCOME BEFORE TAX | $7.9B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $5.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.5B |
| D&A | $4.1B |
| EBIT | $8.0B |
| EBITDA | $12.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $46.6B |
| Cost of Revenue | $31.8B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $7.8B |
| Operating Expenses | $8.8B |
| Cost & Expenses | $40.6B |
| OPERATING INCOME | $6.0B |
| Interest Income | $0 |
| Interest Expense | $118M |
| Other Income/Expenses | $2.0B |
| INCOME BEFORE TAX | $7.9B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $5.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.5B |
| D&A | $4.1B |
| EBIT | $8.0B |
| EBITDA | $12.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $5.5B |
| Depreciation & Amortization | $4.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $688M |
| Other Non-Cash Items | -$855M |
| Change in Working Capital | -$2.6B |
| OPERATING CASH FLOW | $6.8B |
| Capital Expenditure | -$3.9B |
| Acquisitions (Net) | $111M |
| Purchases of Investments | -$245M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | $91M |
| NET CASH FROM FINANCING | -$4.9B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | -$2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $0 |
| Net Receivables | $20.4B |
| Inventory | $9.9B |
| Other Current Assets | $3.9B |
| TOTAL CURRENT ASSETS | $40.5B |
| PP&E (Net) | $153.6B |
| Goodwill | $4.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $47.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.1B |
| TOTAL NON-CURRENT ASSETS | $221.1B |
| TOTAL ASSETS | $261.7B |
| Account Payables | $21.3B |
| Short-Term Debt | $282M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32.9B |
| Long-Term Debt | $21.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19.1B |
| Other Non-Current Liabilities | $26.4B |
| TOTAL NON-CURRENT LIABILITIES | $67.1B |
| TOTAL LIABILITIES | $100.0B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $21.4B |
| Retained Earnings | $202.5B |
| Treasury Stock | -$62.0B |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $160.6B |
| Minority Interest | $1.0B |
| TOTAL EQUITY | $161.7B |
| TOTAL LIABILITIES & EQUITY | $261.7B |
| Total Debt | $21.8B |
| Net Debt | $15.6B |
