| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35.8B | $38.9B | $35.7B | -7.8% | 0.3% |
| Op. Income | $4.8B | $6.1B | $4.8B | -22.7% | -1.5% |
| Gross Margin | 33.3% | 34.0% | 33.2% | -0.7pp | 0.1pp |
| Net Margin | 9.4% | 11.2% | 9.4% | -1.8pp | -0.0pp |
| EPS (Diluted) | $3.30 | $4.24 | $3.21 | -22.2% | 2.8% |
| Free Cash Flow | $3.7B | $2.1B | $2.4B | 78.3% | 56.7% |
| Item | Amount |
|---|---|
| REVENUE | $35.8B |
| Cost of Revenue | $23.9B |
| GROSS PROFIT | $11.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6.5B |
| SG&A Expenses | $6.5B |
| Other Expenses | $625M |
| Operating Expenses | $7.2B |
| Cost & Expenses | $31.1B |
| OPERATING INCOME | $4.8B |
| Interest Income | $43M |
| Interest Expense | $451M |
| Other Income/Expenses | -$408M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $982M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $759M |
| EBIT | $4.8B |
| EBITDA | $5.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $35.8B |
| Cost of Revenue | $23.9B |
| GROSS PROFIT | $11.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6.5B |
| SG&A Expenses | $6.5B |
| Other Expenses | $625M |
| Operating Expenses | $7.2B |
| Cost & Expenses | $31.1B |
| OPERATING INCOME | $4.8B |
| Interest Income | $43M |
| Interest Expense | $451M |
| Other Income/Expenses | -$408M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $982M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $759M |
| EBIT | $4.8B |
| EBITDA | $5.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $759M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | $348M |
| OPERATING CASH FLOW | $4.6B |
| Capital Expenditure | -$903M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$895M |
| Net Debt Issuance | -$68M |
| Common Stock Repurchased | -$1.6B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3.4B |
| FREE CASH FLOW | $3.7B |
| Net Change in Cash | $295M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $24.9B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $32.5B |
| PP&E (Net) | $32.6B |
| Goodwill | $7.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $44.0B |
| TOTAL ASSETS | $76.4B |
| Account Payables | $11.4B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $3.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23.1B |
| Long-Term Debt | $42.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $51.8B |
| TOTAL LIABILITIES | $74.9B |
| Common Stock | $90M |
| Additional Paid-In Capital | $12.6B |
| Retained Earnings | $76.9B |
| Treasury Stock | -$87.3B |
| Accum. Other Comp. Income | -$718M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $76.4B |
| Total Debt | $50.4B |
| Net Debt | $47.6B |
