| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.9B | $23.7B | $23.4B | -11.9% | -10.8% |
| Op. Income | $6.2B | $3.9B | $6.1B | 59.9% | 2.1% |
| Gross Margin | 68.0% | 67.2% | 67.6% | 0.8pp | 0.4pp |
| Net Margin | -0.3% | 14.8% | 22.0% | -15.2pp | -22.3pp |
| EPS (Diluted) | $-0.03 | $1.33 | $1.93 | -102.3% | -101.6% |
| Free Cash Flow | $2.4B | $3.8B | $3.4B | -36.4% | -29.0% |
| Item | Amount |
|---|---|
| REVENUE | $20.9B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $14.2B |
| R&D Expenses | $3.5B |
| Selling & Marketing | $0 |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.5B |
| Other Expenses | $0 |
| Operating Expenses | $8.0B |
| Cost & Expenses | $14.6B |
| OPERATING INCOME | $6.2B |
| Interest Income | $198M |
| Interest Expense | $212M |
| Other Income/Expenses | -$7.5B |
| INCOME BEFORE TAX | -$1.3B |
| Income Tax Expense | -$796M |
| Net Income from Continuing Ops | -$491M |
| Net Income from Discontinued Ops | $423M |
| Other Adjustments | $0 |
| NET INCOME | -$68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $1.9B |
| EBIT | -$1.1B |
| EBITDA | $805M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$68M |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $306M |
| Deferred Income Tax | -$1.5B |
| Other Non-Cash Items | $419M |
| Change in Working Capital | $2.3B |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$863M |
| Acquisitions (Net) | $40M |
| Purchases of Investments | -$3.8B |
| Sales/Maturities of Investments | $7.8B |
| Other Investing Activities | $146M |
| NET CASH FROM INVESTING | $3.3B |
| Net Debt Issuance | $12.9B |
| Common Stock Repurchased | -$3.5B |
| Common Dividends Paid | -$2.9B |
| Other Financing Activities | -$263M |
| NET CASH FROM FINANCING | $6.1B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $12.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.2B |
| Short-Term Investments | $5.4B |
| Net Receivables | $16.4B |
| Inventory | $12.8B |
| Other Current Assets | $7.7B |
| TOTAL CURRENT ASSETS | $64.4B |
| PP&E (Net) | $20.2B |
| Goodwill | $45.6B |
| Intangible Assets | $47.4B |
| Long-Term Investments | $0 |
| Tax Assets | $8.8B |
| Other Non-Current Assets | $9.6B |
| TOTAL NON-CURRENT ASSETS | $131.6B |
| TOTAL ASSETS | $196.0B |
| Account Payables | $9.9B |
| Short-Term Debt | $18.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $60.4B |
| Long-Term Debt | $34.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.4B |
| Other Non-Current Liabilities | $25.4B |
| TOTAL NON-CURRENT LIABILITIES | $64.7B |
| TOTAL LIABILITIES | $125.1B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $124.6B |
| Treasury Stock | -$44.2B |
| Accum. Other Comp. Income | -$12.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $70.9B |
| TOTAL LIABILITIES & EQUITY | $196.0B |
| Total Debt | $52.9B |
| Net Debt | $33.7B |
