| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.2B | $9.0B | $8.7B | 2.6% | 6.1% |
| Op. Income | $1.8B | $1.7B | $1.5B | 4.1% | 19.4% |
| Gross Margin | 33.3% | 37.5% | 31.4% | -4.2pp | 1.9pp |
| Net Margin | 11.1% | 17.3% | 16.5% | -6.2pp | -5.4pp |
| EPS (Diluted) | $1.51 | $2.28 | $2.05 | -33.8% | -26.3% |
| Free Cash Flow | $2.1B | $1.9B | $2.4B | 11.9% | -10.8% |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $7.4B |
| OPERATING INCOME | $1.8B |
| Interest Income | $61M |
| Interest Expense | $144M |
| Other Income/Expenses | -$624M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $168M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $299M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $6.1B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $7.4B |
| OPERATING INCOME | $1.8B |
| Interest Income | $61M |
| Interest Expense | $144M |
| Other Income/Expenses | -$624M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $168M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $299M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $299M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$388M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $1.4B |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$241M |
| Acquisitions (Net) | $427M |
| Purchases of Investments | -$781M |
| Sales/Maturities of Investments | $371M |
| Other Investing Activities | -$409M |
| NET CASH FROM INVESTING | -$633M |
| Net Debt Issuance | $2.1B |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$691M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $279M |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | $2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.6B |
| Short-Term Investments | $483M |
| Net Receivables | $7.4B |
| Inventory | $5.5B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $25.0B |
| PP&E (Net) | $5.5B |
| Goodwill | $17.5B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $945M |
| Tax Assets | $421M |
| Other Non-Current Assets | $9.7B |
| TOTAL NON-CURRENT ASSETS | $37.3B |
| TOTAL ASSETS | $62.3B |
| Account Payables | $6.3B |
| Short-Term Debt | $4.4B |
| Deferred Revenue | $3.6B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $19.9B |
| Long-Term Debt | $15.1B |
| Deferred Revenue NC | $1.3B |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $5.7B |
| TOTAL NON-CURRENT LIABILITIES | $25.0B |
| TOTAL LIABILITIES | $44.9B |
| Common Stock | $958M |
| Additional Paid-In Capital | $8.6B |
| Retained Earnings | $45.1B |
| Treasury Stock | -$34.4B |
| Accum. Other Comp. Income | -$3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.7B |
| Minority Interest | $629M |
| TOTAL EQUITY | $17.3B |
| TOTAL LIABILITIES & EQUITY | $62.3B |
| Total Debt | $20.5B |
| Net Debt | $10.9B |
