| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.0B | $9.0B | — | -0.0% | — |
| Op. Income | $1.7B | $1.6B | — | 8.8% | — |
| Gross Margin | 37.5% | 36.8% | — | 0.7pp | — |
| Net Margin | 17.3% | 14.1% | — | 3.3pp | — |
| EPS (Diluted) | $2.28 | $1.84 | — | 23.9% | — |
| Free Cash Flow | $1.9B | $631M | — | 201.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.0B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $387M |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $1.7B |
| Interest Income | $37M |
| Interest Expense | $98M |
| Other Income/Expenses | $239M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $432M |
| Net Income from Continuing Ops | $1.5B |
| 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 | $300M |
| EBIT | $2.1B |
| EBITDA | $2.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.0B |
| Cost of Revenue | $5.6B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $387M |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $1.7B |
| Interest Income | $37M |
| Interest Expense | $98M |
| Other Income/Expenses | $239M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $432M |
| Net Income from Continuing Ops | $1.5B |
| 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 | $300M |
| EBIT | $2.1B |
| EBITDA | $2.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $300M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | $88M |
| Other Non-Cash Items | -$150M |
| Change in Working Capital | $246M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$184M |
| Acquisitions (Net) | -$126M |
| Purchases of Investments | -$364M |
| Sales/Maturities of Investments | $674M |
| Other Investing Activities | $126M |
| NET CASH FROM INVESTING | $126M |
| Net Debt Issuance | -$1.7B |
| Common Stock Repurchased | -$390M |
| Common Dividends Paid | -$669M |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | -$799M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.4B |
| Short-Term Investments | $516M |
| Net Receivables | $7.4B |
| Inventory | $5.5B |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $22.5B |
| PP&E (Net) | $5.3B |
| Goodwill | $17.0B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $807M |
| Tax Assets | $437M |
| Other Non-Current Assets | $11.0B |
| TOTAL NON-CURRENT ASSETS | $37.8B |
| TOTAL ASSETS | $60.3B |
| Account Payables | $6.1B |
| Short-Term Debt | $4.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18.1B |
| Long-Term Debt | $12.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $9.2B |
| TOTAL NON-CURRENT LIABILITIES | $23.8B |
| TOTAL LIABILITIES | $42.0B |
| Common Stock | $958M |
| Additional Paid-In Capital | $8.5B |
| Retained Earnings | $44.8B |
| Treasury Stock | -$33.2B |
| Accum. Other Comp. Income | -$3.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.7B |
| Minority Interest | $630M |
| TOTAL EQUITY | $18.3B |
| TOTAL LIABILITIES & EQUITY | $60.3B |
| Total Debt | $17.0B |
| Net Debt | $9.5B |
