| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.0B | $24.0B | $23.3B | -16.8% | -14.3% |
| Op. Income | $5.7B | $6.5B | $6.9B | -12.5% | -17.5% |
| Gross Margin | 69.1% | 67.0% | 68.9% | 2.1pp | 0.2pp |
| Net Margin | 22.3% | 20.0% | 15.7% | 2.3pp | 6.6pp |
| EPS (Diluted) | $1.68 | $1.80 | $1.37 | -6.7% | 22.6% |
| Free Cash Flow | $5.3B | $4.7B | $7.5B | 13.0% | -29.3% |
| Item | Amount |
|---|---|
| REVENUE | $20.0B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $13.8B |
| R&D Expenses | $3.5B |
| Selling & Marketing | $0 |
| General & Administrative | $4.7B |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $8.2B |
| Cost & Expenses | $14.3B |
| OPERATING INCOME | $5.7B |
| Interest Income | $150M |
| Interest Expense | $51M |
| Other Income/Expenses | -$492M |
| INCOME BEFORE TAX | $5.2B |
| Income Tax Expense | $862M |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | $148M |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $1.7B |
| EBIT | $5.2B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $20.0B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $13.8B |
| R&D Expenses | $3.5B |
| Selling & Marketing | $0 |
| General & Administrative | $4.7B |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $8.2B |
| Cost & Expenses | $14.3B |
| OPERATING INCOME | $5.7B |
| Interest Income | $150M |
| Interest Expense | $51M |
| Other Income/Expenses | -$492M |
| INCOME BEFORE TAX | $5.2B |
| Income Tax Expense | $862M |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | $148M |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $1.7B |
| EBIT | $5.2B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.5B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $281M |
| Deferred Income Tax | -$139M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $6.3B |
| Capital Expenditure | -$952M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$9.1B |
| Sales/Maturities of Investments | $8.7B |
| Other Investing Activities | -$335M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $119M |
| Common Stock Repurchased | -$2.2B |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | -$3.9B |
| FREE CASH FLOW | $5.3B |
| Net Change in Cash | $372M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.4B |
| Short-Term Investments | $22.7B |
| Net Receivables | $15.9B |
| Inventory | $11.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $65.2B |
| PP&E (Net) | $18.2B |
| Goodwill | $33.4B |
| Intangible Assets | $40.3B |
| Long-Term Investments | $0 |
| Tax Assets | $9.4B |
| Other Non-Current Assets | $8.6B |
| TOTAL NON-CURRENT ASSETS | $109.9B |
| TOTAL ASSETS | $175.1B |
| Account Payables | $10.2B |
| Short-Term Debt | $4.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $45.5B |
| Long-Term Debt | $27.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.9B |
| Other Non-Current Liabilities | $22.4B |
| TOTAL NON-CURRENT LIABILITIES | $55.0B |
| TOTAL LIABILITIES | $100.5B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $127.9B |
| Treasury Stock | -$41.1B |
| Accum. Other Comp. Income | -$15.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $74.6B |
| TOTAL LIABILITIES & EQUITY | $175.1B |
| Total Debt | $32.0B |
| Net Debt | $20.7B |
