| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.9B | $2.9B | 1.1% | 0.6% |
| Op. Income | $517M | $502M | $538M | 3.0% | -3.9% |
| Gross Margin | 37.0% | 36.6% | 36.1% | 0.4pp | 0.8pp |
| Net Margin | 16.4% | 11.2% | 11.5% | 5.2pp | 4.9pp |
| EPS (Diluted) | $2.29 | $1.55 | $1.61 | 47.7% | 42.2% |
| Free Cash Flow | $2.8B | -$266M | -$317M | 1164.3% | 993.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $557M |
| Operating Expenses | $557M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $517M |
| Interest Income | -$48M |
| Interest Expense | $252M |
| Other Income/Expenses | -$161M |
| INCOME BEFORE TAX | $356M |
| Income Tax Expense | -$121M |
| Net Income from Continuing Ops | $477M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $477M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $475M |
| D&A | $455M |
| EBIT | $517M |
| EBITDA | $972M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $557M |
| Operating Expenses | $557M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $517M |
| Interest Income | -$48M |
| Interest Expense | $252M |
| Other Income/Expenses | -$161M |
| INCOME BEFORE TAX | $356M |
| Income Tax Expense | -$121M |
| Net Income from Continuing Ops | $477M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $477M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $475M |
| D&A | $455M |
| EBIT | $517M |
| EBITDA | $972M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $478M |
| Depreciation & Amortization | $455M |
| Stock-Based Compensation | -$17M |
| Deferred Income Tax | -$116M |
| Other Non-Cash Items | -$39M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $739M |
| Capital Expenditure | $2.1B |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $1.4B |
| Sales/Maturities of Investments | $91M |
| Other Investing Activities | -$4.8B |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$203M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | $936M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $969M |
| Short-Term Investments | $1.1B |
| Net Receivables | $1.4B |
| Inventory | $1.4B |
| Other Current Assets | $779M |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $30.2B |
| Goodwill | $2.0B |
| Intangible Assets | $148M |
| Long-Term Investments | $311M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.5B |
| TOTAL NON-CURRENT ASSETS | $44.2B |
| TOTAL ASSETS | $49.8B |
| Account Payables | $1.3B |
| Short-Term Debt | $4.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $20.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.8B |
| TOTAL NON-CURRENT LIABILITIES | $31.4B |
| TOTAL LIABILITIES | $38.2B |
| Common Stock | $6.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.6B |
| Minority Interest | $6M |
| TOTAL EQUITY | $11.6B |
| TOTAL LIABILITIES & EQUITY | $49.8B |
| Total Debt | $24.8B |
| Net Debt | $23.8B |
