| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.9B | $18.6B | $18.7B | 7.3% | 6.8% |
| Op. Income | $1.4B | $1.6B | $2.2B | -9.2% | -35.8% |
| Gross Margin | 16.4% | 17.6% | 20.8% | -1.1pp | -4.4pp |
| Net Margin | 4.1% | 4.3% | 8.2% | -0.2pp | -4.1pp |
| EPS (Diluted) | $0.36 | $0.36 | $0.61 | 1.7% | -39.9% |
| Free Cash Flow | $633M | $77M | $1.3B | 726.0% | -49.9% |
| Item | Amount |
|---|---|
| REVENUE | $19.9B |
| Cost of Revenue | $16.7B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $587M |
| SG&A Expenses | $1.9B |
| Other Expenses | -$7M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $18.5B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $254M |
| Other Income/Expenses | -$298M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $251M |
| Net Income from Continuing Ops | $859M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $809M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $809M |
| D&A | $413M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19.9B |
| Cost of Revenue | $16.7B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $587M |
| SG&A Expenses | $1.9B |
| Other Expenses | -$7M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $18.5B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $254M |
| Other Income/Expenses | -$298M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $251M |
| Net Income from Continuing Ops | $859M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $809M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $809M |
| D&A | $413M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $809M |
| Depreciation & Amortization | $491M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $189M |
| Change in Working Capital | -$260M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$598M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | -$581M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$140M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $77M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $633M |
| Net Change in Cash | -$554M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $0 |
| Net Receivables | $4.3B |
| Inventory | $7.8B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $16.8B |
| PP&E (Net) | $14.0B |
| Goodwill | $6.1B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $59M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $24.7B |
| TOTAL ASSETS | $41.6B |
| Account Payables | $5.8B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $11.5B |
| Long-Term Debt | $16.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $20.4B |
| TOTAL LIABILITIES | $31.9B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $398M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.9B |
| Minority Interest | $695M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $41.6B |
| Total Debt | $21.3B |
| Net Debt | $17.9B |
