| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | $6.3B | $7.4B | 12.5% | -5.1% |
| Op. Income | $2.8B | $2.0B | $3.8B | 39.8% | -26.2% |
| Gross Margin | 80.2% | 77.0% | 83.5% | 3.2pp | -3.3pp |
| Net Margin | 25.4% | 18.3% | 34.9% | 7.1pp | -9.5pp |
| EPS (Diluted) | $1.42 | $0.91 | $2.05 | 56.0% | -30.7% |
| Free Cash Flow | $2.7B | $1.7B | $3.1B | 63.1% | -13.1% |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $448M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $229M |
| Other Income/Expenses | -$405M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $646M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $525M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $448M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $229M |
| Other Income/Expenses | -$405M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $646M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $525M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $525M |
| Stock-Based Compensation | $168M |
| Deferred Income Tax | -$270M |
| Other Non-Cash Items | $771M |
| Change in Working Capital | -$117M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$157M |
| Acquisitions (Net) | -$448M |
| Purchases of Investments | -$430M |
| Sales/Maturities of Investments | $324M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$713M |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$180M |
| Common Dividends Paid | -$929M |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $961M |
| Net Receivables | $4.4B |
| Inventory | $1.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.6B |
| PP&E (Net) | $5.3B |
| Goodwill | $8.3B |
| Intangible Assets | $29.4B |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $49.0B |
| TOTAL ASSETS | $62.6B |
| Account Payables | $614M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $10.4B |
| Long-Term Debt | $23.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $5.1B |
| TOTAL NON-CURRENT LIABILITIES | $31.1B |
| TOTAL LIABILITIES | $41.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | $15.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.1B |
| Minority Interest | -$24M |
| TOTAL EQUITY | $21.1B |
| TOTAL LIABILITIES & EQUITY | $62.6B |
| Total Debt | $25.2B |
| Net Debt | $20.5B |
