| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.8B | $28.8B | $31.8B | -6.8% | -15.6% |
| Op. Income | $3.1B | $1.0B | $2.9B | 211.9% | 6.2% |
| Gross Margin | 15.8% | 11.6% | 12.3% | 4.2pp | 3.4pp |
| Net Margin | 5.3% | 0.7% | 8.8% | 4.6pp | -3.5pp |
| EPS (Diluted) | $0.87 | $0.11 | $1.66 | 720.4% | -47.9% |
| Free Cash Flow | -$32M | $1.8B | $1.0B | -101.8% | -103.1% |
| Item | Amount |
|---|---|
| REVENUE | $26.8B |
| Cost of Revenue | $22.6B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $981M |
| SG&A Expenses | $981M |
| Other Expenses | $126M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $23.7B |
| OPERATING INCOME | $3.1B |
| Interest Income | $0 |
| Interest Expense | $456M |
| Other Income/Expenses | $64M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $2.3B |
| EBIT | $5.3B |
| EBITDA | $7.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $26.8B |
| Cost of Revenue | $22.6B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $981M |
| SG&A Expenses | $981M |
| Other Expenses | $126M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $23.7B |
| OPERATING INCOME | $3.1B |
| Interest Income | $0 |
| Interest Expense | $456M |
| Other Income/Expenses | $64M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $2.3B |
| EBIT | $5.3B |
| EBITDA | $7.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $2.3B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.7B |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$2.3B |
| Acquisitions (Net) | -$785M |
| Purchases of Investments | -$341M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$746M |
| NET CASH FROM INVESTING | -$4.1B |
| Net Debt Issuance | $944M |
| Common Stock Repurchased | -$465M |
| Common Dividends Paid | -$897M |
| Other Financing Activities | $641M |
| NET CASH FROM FINANCING | $222M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.3B |
| Short-Term Investments | $9.4B |
| Net Receivables | $20.6B |
| Inventory | $7.3B |
| Other Current Assets | $8.2B |
| TOTAL CURRENT ASSETS | $55.7B |
| PP&E (Net) | $75.9B |
| Goodwill | $0 |
| Intangible Assets | $7.5B |
| Long-Term Investments | $20.1B |
| Tax Assets | $5.5B |
| Other Non-Current Assets | $6.7B |
| TOTAL NON-CURRENT ASSETS | $115.6B |
| TOTAL ASSETS | $171.3B |
| Account Payables | $22.8B |
| Short-Term Debt | $9.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $44.6B |
| Long-Term Debt | $26.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.8B |
| Other Non-Current Liabilities | $25.1B |
| TOTAL NON-CURRENT LIABILITIES | $62.3B |
| TOTAL LIABILITIES | $106.9B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $44.4B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | $15.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63.4B |
| Minority Interest | $1.0B |
| TOTAL EQUITY | $64.4B |
| TOTAL LIABILITIES & EQUITY | $171.3B |
| Total Debt | $42.6B |
| Net Debt | $32.3B |
