| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.3B | $3.9B | -0.7% | 7.6% |
| Op. Income | $602M | $507M | $557M | 18.8% | 8.1% |
| Gross Margin | 44.0% | 41.5% | 44.1% | 2.5pp | -0.1pp |
| Net Margin | 13.4% | 9.5% | 14.2% | 3.9pp | -0.8pp |
| EPS (Diluted) | $0.49 | $0.35 | $0.48 | 40.8% | 3.4% |
| Free Cash Flow | $2.0B | $2.3B | $1.7B | -13.3% | 15.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $982M |
| Other Expenses | $287M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $602M |
| Interest Income | $551M |
| Interest Expense | $299M |
| Other Income/Expenses | $184M |
| INCOME BEFORE TAX | $787M |
| Income Tax Expense | $242M |
| Net Income from Continuing Ops | $545M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $571M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $571M |
| D&A | $595M |
| EBIT | $841M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $982M |
| Other Expenses | $287M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $602M |
| Interest Income | $551M |
| Interest Expense | $299M |
| Other Income/Expenses | $184M |
| INCOME BEFORE TAX | $787M |
| Income Tax Expense | $242M |
| Net Income from Continuing Ops | $545M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $571M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $571M |
| D&A | $595M |
| EBIT | $841M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $571M |
| Depreciation & Amortization | $595M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $577M |
| Change in Working Capital | $358M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$117M |
| Acquisitions (Net) | $200M |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $703M |
| Other Investing Activities | -$259M |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $476M |
| Common Stock Repurchased | -$116M |
| Common Dividends Paid | -$311M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | -$57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.7B |
| Short-Term Investments | $23M |
| Net Receivables | $33.7B |
| Inventory | $1.4B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $42.2B |
| PP&E (Net) | $5.7B |
| Goodwill | $4.0B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $26.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.4B |
| TOTAL NON-CURRENT ASSETS | $56.5B |
| TOTAL ASSETS | $98.8B |
| Account Payables | $2.1B |
| Short-Term Debt | $4.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $9.8B |
| Long-Term Debt | $33.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31.8B |
| TOTAL NON-CURRENT LIABILITIES | $65.2B |
| TOTAL LIABILITIES | $74.9B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $19.9B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.4B |
| Minority Interest | $498M |
| TOTAL EQUITY | $23.9B |
| TOTAL LIABILITIES & EQUITY | $98.8B |
| Total Debt | $37.5B |
| Net Debt | $31.8B |
