| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.2B | $4.1B | 1.2% | 2.9% |
| Op. Income | $522M | $602M | $525M | -13.3% | -0.7% |
| Gross Margin | 40.9% | 42.6% | 36.4% | -1.7pp | 4.4pp |
| Net Margin | 9.3% | 11.7% | 9.4% | -2.4pp | -0.1pp |
| EPS (Diluted) | $0.34 | $0.33 | $0.32 | 2.3% | 3.8% |
| Free Cash Flow | $1.2B | $1.9B | -$427M | -39.2% | 373.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $920M |
| Other Expenses | $293M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $522M |
| Interest Income | $533M |
| Interest Expense | $270M |
| Other Income/Expenses | $38M |
| INCOME BEFORE TAX | $560M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $402M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $394M |
| D&A | $535M |
| EBIT | $744M |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $920M |
| Other Expenses | $293M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $522M |
| Interest Income | $533M |
| Interest Expense | $270M |
| Other Income/Expenses | $38M |
| INCOME BEFORE TAX | $560M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $402M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $394M |
| D&A | $535M |
| EBIT | $744M |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $394M |
| Depreciation & Amortization | $535M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $693M |
| Change in Working Capital | -$334M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$124M |
| Acquisitions (Net) | -$56M |
| Purchases of Investments | -$2.9B |
| Sales/Maturities of Investments | $518M |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | -$443M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | -$315M |
| Other Financing Activities | $104M |
| NET CASH FROM FINANCING | -$718M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.8B |
| Short-Term Investments | $27M |
| Net Receivables | $34.3B |
| Inventory | $1.1B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $42.9B |
| PP&E (Net) | $5.5B |
| Goodwill | $4.1B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $25.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.8B |
| TOTAL NON-CURRENT ASSETS | $54.8B |
| TOTAL ASSETS | $97.6B |
| Account Payables | $2.0B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $33.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31.7B |
| TOTAL NON-CURRENT LIABILITIES | $64.8B |
| TOTAL LIABILITIES | $74.3B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $19.2B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.8B |
| Minority Interest | $503M |
| TOTAL EQUITY | $23.3B |
| TOTAL LIABILITIES & EQUITY | $97.6B |
| Total Debt | $36.7B |
| Net Debt | $30.9B |
