| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38.9B | $43.8B | $36.8B | -11.2% | 5.6% |
| Op. Income | $6.1B | $7.2B | $5.8B | -14.7% | 6.1% |
| Gross Margin | 34.0% | 33.1% | 34.1% | 0.9pp | -0.1pp |
| Net Margin | 11.2% | 11.8% | 11.2% | -0.7pp | -0.1pp |
| EPS (Diluted) | $4.24 | $5.05 | $3.92 | -16.0% | 8.2% |
| Free Cash Flow | $2.1B | $2.6B | $2.7B | -21.9% | -24.6% |
| Item | Amount |
|---|---|
| REVENUE | $38.9B |
| Cost of Revenue | $25.6B |
| GROSS PROFIT | $13.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.5B |
| Other Expenses | $608M |
| Operating Expenses | $7.1B |
| Cost & Expenses | $32.7B |
| OPERATING INCOME | $6.1B |
| Interest Income | $7M |
| Interest Expense | $413M |
| Other Income/Expenses | -$406M |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $743M |
| EBIT | $6.1B |
| EBITDA | $6.9B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $38.9B |
| Cost of Revenue | $25.6B |
| GROSS PROFIT | $13.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.5B |
| Other Expenses | $608M |
| Operating Expenses | $7.1B |
| Cost & Expenses | $32.7B |
| OPERATING INCOME | $6.1B |
| Interest Income | $7M |
| Interest Expense | $413M |
| Other Income/Expenses | -$406M |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $743M |
| EBIT | $6.1B |
| EBITDA | $6.9B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $4.3B |
| Depreciation & Amortization | $743M |
| Stock-Based Compensation | $90M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $133M |
| Change in Working Capital | -$2.5B |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$769M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$784M |
| Net Debt Issuance | $2.4B |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$749M |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $0 |
| Net Receivables | $3.7B |
| Inventory | $25.7B |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $33.7B |
| PP&E (Net) | $31.8B |
| Goodwill | $7.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $43.2B |
| TOTAL ASSETS | $76.9B |
| Account Payables | $12.4B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $3.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24.3B |
| Long-Term Debt | $41.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.7B |
| TOTAL NON-CURRENT LIABILITIES | $51.3B |
| TOTAL LIABILITIES | $75.6B |
| Common Stock | $90M |
| Additional Paid-In Capital | $12.4B |
| Retained Earnings | $75.5B |
| Treasury Stock | -$85.8B |
| Accum. Other Comp. Income | -$856M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $76.9B |
| Total Debt | $49.7B |
| Net Debt | $47.3B |
