| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48.9B | $49.6B | $51.9B | -1.3% | -5.8% |
| Op. Income | $5.0B | $5.6B | $9.1B | -11.3% | -45.3% |
| Gross Margin | 29.2% | 29.7% | 30.0% | -0.5pp | -0.8pp |
| Net Margin | 9.2% | 8.9% | 12.6% | 0.2pp | -3.4pp |
| EPS (Diluted) | $2.48 | $2.43 | $3.48 | 2.1% | -28.7% |
| Free Cash Flow | $5.6B | $2.4B | $5.0B | 134.4% | 12.4% |
| Item | Amount |
|---|---|
| REVENUE | $48.9B |
| Cost of Revenue | $34.7B |
| GROSS PROFIT | $14.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $8.1B |
| Operating Expenses | $9.3B |
| Cost & Expenses | $44.0B |
| OPERATING INCOME | $5.0B |
| Interest Income | $0 |
| Interest Expense | $164M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $6.5B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $4.2B |
| EBIT | $6.7B |
| EBITDA | $10.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $48.9B |
| Cost of Revenue | $34.7B |
| GROSS PROFIT | $14.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $8.1B |
| Operating Expenses | $9.3B |
| Cost & Expenses | $44.0B |
| OPERATING INCOME | $5.0B |
| Interest Income | $0 |
| Interest Expense | $164M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $6.5B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $4.2B |
| EBIT | $6.7B |
| EBITDA | $10.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.5B |
| Depreciation & Amortization | $4.2B |
| Stock-Based Compensation | -$100.0K |
| Deferred Income Tax | $403M |
| Other Non-Cash Items | -$662M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $9.7B |
| Capital Expenditure | -$4.1B |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $355M |
| NET CASH FROM INVESTING | -$3.7B |
| Net Debt Issuance | $2.6B |
| Common Stock Repurchased | -$4.8B |
| Common Dividends Paid | -$2.9B |
| Other Financing Activities | -$163M |
| NET CASH FROM FINANCING | -$5.3B |
| FREE CASH FLOW | $5.6B |
| Net Change in Cash | $799M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $4M |
| Net Receivables | $19.6B |
| Inventory | $9.7B |
| Other Current Assets | $4.2B |
| TOTAL CURRENT ASSETS | $38.2B |
| PP&E (Net) | $147.9B |
| Goodwill | $4.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $47.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $21.0B |
| TOTAL NON-CURRENT ASSETS | $221.0B |
| TOTAL ASSETS | $259.2B |
| Account Payables | $20.0B |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $35.7B |
| Long-Term Debt | $20.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19.9B |
| Other Non-Current Liabilities | $25.9B |
| TOTAL NON-CURRENT LIABILITIES | $66.5B |
| TOTAL LIABILITIES | $102.2B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $21.6B |
| Retained Earnings | $205.5B |
| Treasury Stock | -$69.6B |
| Accum. Other Comp. Income | -$3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $156.2B |
| Minority Interest | $828M |
| TOTAL EQUITY | $157.0B |
| TOTAL LIABILITIES & EQUITY | $259.2B |
| Total Debt | $25.8B |
| Net Debt | $21.1B |
