| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.4B | $7.0B | — | 4.9% | — |
| Op. Income | $2.3B | $2.8B | — | -20.1% | — |
| Gross Margin | 81.1% | 80.2% | — | 0.9pp | — |
| Net Margin | 22.2% | 25.4% | — | -3.2pp | — |
| EPS (Diluted) | $1.30 | $1.42 | — | -8.5% | — |
| Free Cash Flow | $2.4B | $2.7B | — | -11.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | -$1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $2.9B |
| Operating Expenses | $3.7B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $226M |
| Other Income/Expenses | -$236M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $398M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $528M |
| EBIT | $2.3B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | -$1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $2.9B |
| Operating Expenses | $3.7B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $226M |
| Other Income/Expenses | -$236M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $398M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $528M |
| EBIT | $2.3B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $528M |
| Stock-Based Compensation | $174M |
| Deferred Income Tax | -$338M |
| Other Non-Cash Items | $453M |
| Change in Working Capital | $117M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$181M |
| Acquisitions (Net) | -$218M |
| Purchases of Investments | -$378M |
| Sales/Maturities of Investments | $400M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$375M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$792M |
| Common Dividends Paid | -$915M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $713M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $973M |
| Net Receivables | $4.8B |
| Inventory | $1.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.4B |
| PP&E (Net) | $5.5B |
| Goodwill | $8.3B |
| Intangible Assets | $28.9B |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.8B |
| TOTAL NON-CURRENT ASSETS | $48.7B |
| TOTAL ASSETS | $63.2B |
| Account Payables | $905M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $11.2B |
| Long-Term Debt | $23.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $5.1B |
| TOTAL NON-CURRENT LIABILITIES | $30.7B |
| TOTAL LIABILITIES | $42.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $5.5B |
| Retained Earnings | $15.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.2B |
| Minority Interest | -$31M |
| TOTAL EQUITY | $21.2B |
| TOTAL LIABILITIES & EQUITY | $63.2B |
| Total Debt | $25.2B |
| Net Debt | $19.8B |
