| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $5.3B | — | -14.8% | — |
| Op. Income | $462M | $545M | — | -15.2% | — |
| Gross Margin | 21.1% | 19.5% | — | 1.6pp | — |
| Net Margin | 5.9% | 7.4% | — | -1.4pp | — |
| EPS (Diluted) | $1.30 | $1.99 | — | -34.7% | — |
| Free Cash Flow | -$411M | -$589M | — | 30.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $944M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $482M |
| Operating Expenses | $482M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $462M |
| Interest Income | $20M |
| Interest Expense | $189M |
| Other Income/Expenses | -$168M |
| INCOME BEFORE TAX | $294M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $265M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $265M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $264M |
| D&A | $264M |
| EBIT | $449M |
| EBITDA | $713M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $944M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $482M |
| Operating Expenses | $482M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $462M |
| Interest Income | $20M |
| Interest Expense | $189M |
| Other Income/Expenses | -$168M |
| INCOME BEFORE TAX | $294M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $265M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $265M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $264M |
| D&A | $264M |
| EBIT | $449M |
| EBITDA | $713M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $264M |
| Depreciation & Amortization | $391M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$109M |
| OPERATING CASH FLOW | $570M |
| Capital Expenditure | -$981M |
| Acquisitions (Net) | $20M |
| Purchases of Investments | -$169M |
| Sales/Maturities of Investments | $172M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$983M |
| Net Debt Issuance | -$703M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$171M |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | $405M |
| FREE CASH FLOW | -$411M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $942M |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $28.9B |
| Goodwill | $2.0B |
| Intangible Assets | $166M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $38.5B |
| TOTAL ASSETS | $42.7B |
| Account Payables | $1.6B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $16.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $7.8B |
| TOTAL NON-CURRENT LIABILITIES | $27.1B |
| TOTAL LIABILITIES | $32.3B |
| Common Stock | $6.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $4M |
| TOTAL EQUITY | $10.4B |
| TOTAL LIABILITIES & EQUITY | $42.7B |
| Total Debt | $19.2B |
| Net Debt | $19.2B |
