| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B | — | 3.8% | — |
| Op. Income | $595M | $539M | — | 10.3% | — |
| Gross Margin | 73.4% | 73.3% | — | 0.1pp | — |
| Net Margin | 15.8% | 13.1% | — | 2.8pp | — |
| EPS (Diluted) | $0.62 | $0.49 | — | 26.9% | — |
| Free Cash Flow | $66M | -$218M | — | 130.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $539M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $892M |
| Operating Expenses | $892M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $595M |
| Interest Income | $12M |
| Interest Expense | $259M |
| Other Income/Expenses | -$185M |
| INCOME BEFORE TAX | $410M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $349M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $321M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $307M |
| D&A | $351M |
| EBIT | $669M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $539M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $892M |
| Operating Expenses | $892M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $595M |
| Interest Income | $12M |
| Interest Expense | $259M |
| Other Income/Expenses | -$185M |
| INCOME BEFORE TAX | $410M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $349M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $321M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $307M |
| D&A | $351M |
| EBIT | $669M |
| EBITDA | $1.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $321M |
| Depreciation & Amortization | $351M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $45M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $248M |
| OPERATING CASH FLOW | $978M |
| Capital Expenditure | -$912M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$960M |
| Net Debt Issuance | $390M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$136M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | $231M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | $245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $655M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $444M |
| Other Current Assets | $575M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $33.9B |
| Goodwill | $9.1B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $47.8B |
| TOTAL ASSETS | $50.9B |
| Account Payables | $2.3B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $487M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $21.7B |
| Deferred Revenue NC | $254M |
| Deferred Tax Liabilities | $3.5B |
| Other Non-Current Liabilities | $3.2B |
| TOTAL NON-CURRENT LIABILITIES | $28.9B |
| TOTAL LIABILITIES | $33.1B |
| Common Stock | $11.3B |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $708M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.4B |
| Minority Interest | $1.4B |
| TOTAL EQUITY | $17.8B |
| TOTAL LIABILITIES & EQUITY | $50.9B |
| Total Debt | $23.4B |
| Net Debt | $22.7B |
