| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.3B | $13.8B | $11.1B | 10.3% | 37.6% |
| Op. Income | $3.1B | $2.6B | $1.6B | 20.4% | 94.1% |
| Gross Margin | 31.7% | 31.3% | 27.9% | 0.4pp | 3.9pp |
| Net Margin | 14.7% | 13.6% | 11.6% | 1.1pp | 3.1pp |
| EPS (Diluted) | $7.44 | $6.16 | $4.12 | 20.8% | 80.6% |
| Free Cash Flow | $2.8B | $1.2B | $2.5B | 130.6% | 10.7% |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $576M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $973M |
| Other Expenses | $193M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $12.2B |
| OPERATING INCOME | $3.1B |
| Interest Income | $0 |
| Interest Expense | $349M |
| Other Income/Expenses | -$219M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $643M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $452M |
| EBIT | $3.2B |
| EBITDA | $3.7B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $576M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $973M |
| Other Expenses | $193M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $12.2B |
| OPERATING INCOME | $3.1B |
| Interest Income | $0 |
| Interest Expense | $349M |
| Other Income/Expenses | -$219M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $643M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $452M |
| EBIT | $3.2B |
| EBITDA | $3.7B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $452M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$60M |
| Other Non-Cash Items | $138M |
| Change in Working Capital | $1.5B |
| OPERATING CASH FLOW | $4.3B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.6B |
| NET CASH FROM INVESTING | -$4.1B |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$342M |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $311M |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | $456M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $734M |
| Net Receivables | $49.0B |
| Inventory | $8.5B |
| Other Current Assets | $876M |
| TOTAL CURRENT ASSETS | $64.1B |
| PP&E (Net) | $13.1B |
| Goodwill | $3.7B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $117M |
| Tax Assets | $824M |
| Other Non-Current Assets | $6.6B |
| TOTAL NON-CURRENT ASSETS | $25.9B |
| TOTAL ASSETS | $90.0B |
| Account Payables | $3.9B |
| Short-Term Debt | $18.3B |
| Deferred Revenue | $956M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $31.7B |
| Long-Term Debt | $33.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $495M |
| Other Non-Current Liabilities | $3.9B |
| TOTAL NON-CURRENT LIABILITIES | $38.0B |
| TOTAL LIABILITIES | $69.7B |
| Common Stock | $5.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $42.2B |
| Treasury Stock | -$24.1B |
| Accum. Other Comp. Income | -$3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.3B |
| Minority Interest | $95M |
| TOTAL EQUITY | $20.4B |
| TOTAL LIABILITIES & EQUITY | $90.0B |
| Total Debt | $52.2B |
| Net Debt | $47.4B |
