| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.8B | $12.8B | $11.2B | 7.9% | 23.2% |
| Op. Income | $2.6B | $2.2B | $2.1B | 17.3% | 22.5% |
| Gross Margin | 31.3% | 30.5% | 32.6% | 0.8pp | -1.3pp |
| Net Margin | 13.6% | 16.4% | 14.8% | -2.7pp | -1.2pp |
| EPS (Diluted) | $6.16 | $6.81 | $5.32 | -9.5% | 15.8% |
| Free Cash Flow | $1.2B | $25M | $1.9B | 4768.0% | -36.3% |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $9.5B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $481M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $959M |
| Other Expenses | $316M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $11.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $296M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $654M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $510M |
| EBIT | $2.8B |
| EBITDA | $3.3B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $9.5B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $481M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $959M |
| Other Expenses | $316M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $11.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $296M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $654M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $510M |
| EBIT | $2.8B |
| EBITDA | $3.3B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $510M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$43M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$214M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$963M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $55M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$322M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | $901M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $506M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.4B |
| Short-Term Investments | $719M |
| Net Receivables | $48.9B |
| Inventory | $9.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $63.1B |
| PP&E (Net) | $12.2B |
| Goodwill | $3.8B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $23.7B |
| TOTAL ASSETS | $86.8B |
| Account Payables | $11.6B |
| Short-Term Debt | $19.1B |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32.1B |
| Long-Term Debt | $32.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $561M |
| Other Non-Current Liabilities | $2.9B |
| TOTAL NON-CURRENT LIABILITIES | $35.6B |
| TOTAL LIABILITIES | $67.7B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $40.3B |
| Treasury Stock | -$23.0B |
| Accum. Other Comp. Income | -$3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.0B |
| Minority Interest | $98M |
| TOTAL EQUITY | $19.1B |
| TOTAL LIABILITIES & EQUITY | $86.8B |
| Total Debt | $51.2B |
| Net Debt | $46.9B |
