| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.8B | $23.7B | $21.8B | -3.6% | 4.8% |
| Op. Income | $1.3B | $1.1B | $1.7B | 15.7% | -21.3% |
| Gross Margin | 19.4% | 19.3% | 20.4% | 0.1pp | -1.0pp |
| Net Margin | 5.2% | 2.9% | 7.0% | 2.3pp | -1.8pp |
| EPS (Diluted) | $9.39 | $5.48 | $11.84 | 71.4% | -20.7% |
| Free Cash Flow | $8.2B | $680M | $2.5B | 1100.7% | 225.4% |
| Item | Amount |
|---|---|
| REVENUE | $22.8B |
| Cost of Revenue | $18.4B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.1B |
| Operating Expenses | $3.1B |
| Cost & Expenses | $21.5B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $214M |
| EBIT | $1.4B |
| EBITDA | $1.6B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $22.8B |
| Cost of Revenue | $18.4B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.1B |
| Operating Expenses | $3.1B |
| Cost & Expenses | $21.5B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $107M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $214M |
| EBIT | $1.4B |
| EBITDA | $1.6B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $214M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | -$200M |
| Other Non-Cash Items | -$241M |
| Change in Working Capital | $7.4B |
| OPERATING CASH FLOW | $8.5B |
| Capital Expenditure | -$288M |
| Acquisitions (Net) | $2.6B |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $883M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1.7B |
| Net Debt Issuance | -$2.4B |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$100M |
| Other Financing Activities | $709M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $8.2B |
| Net Change in Cash | $8.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.6B |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.2B |
| PP&E (Net) | $3.2B |
| Goodwill | $9.1B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $14.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.3B |
| TOTAL NON-CURRENT ASSETS | $35.6B |
| TOTAL ASSETS | $50.8B |
| Account Payables | $9.2B |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $6.0B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18.0B |
| Long-Term Debt | $7.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.6B |
| TOTAL NON-CURRENT LIABILITIES | $16.4B |
| TOTAL LIABILITIES | $34.4B |
| Common Stock | $33M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $25.6B |
| Treasury Stock | -$11.2B |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.3B |
| Minority Interest | $63M |
| TOTAL EQUITY | $16.3B |
| TOTAL LIABILITIES & EQUITY | $50.8B |
| Total Debt | $10.6B |
| Net Debt | -$3.0B |
