| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.2B | — | $12.7B | — | 20.0% |
| Op. Income | $1.3B | — | -$7.0B | — | 118.4% |
| Gross Margin | 12.8% | — | -56.7% | — | 69.4pp |
| Net Margin | 5.5% | — | -41.4% | — | 46.9pp |
| EPS (Diluted) | $0.65 | — | $-4.10 | — | 115.8% |
| Free Cash Flow | -$1.0B | — | -$9.0B | — | 88.8% |
| Item | Amount |
|---|---|
| REVENUE | $15.2B |
| Cost of Revenue | $13.3B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $149M |
| Selling & Marketing | $3M |
| General & Administrative | $450M |
| SG&A Expenses | $454M |
| Other Expenses | $50M |
| Operating Expenses | $653M |
| Cost & Expenses | $13.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $80M |
| Interest Expense | $770M |
| Other Income/Expenses | -$609M |
| INCOME BEFORE TAX | $681M |
| Income Tax Expense | -$174M |
| Net Income from Continuing Ops | $855M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $832M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $832M |
| D&A | $2.2B |
| EBIT | $1.4B |
| EBITDA | $3.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.2B |
| Cost of Revenue | $13.3B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $149M |
| Selling & Marketing | $3M |
| General & Administrative | $450M |
| SG&A Expenses | $454M |
| Other Expenses | $50M |
| Operating Expenses | $653M |
| Cost & Expenses | $13.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $80M |
| Interest Expense | $770M |
| Other Income/Expenses | -$609M |
| INCOME BEFORE TAX | $681M |
| Income Tax Expense | -$174M |
| Net Income from Continuing Ops | $855M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $832M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $832M |
| D&A | $2.2B |
| EBIT | $1.4B |
| EBITDA | $3.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $832M |
| Depreciation & Amortization | $2.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$174M |
| Other Non-Cash Items | -$399M |
| Change in Working Capital | -$880M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$2.5B |
| Acquisitions (Net) | $75M |
| Purchases of Investments | -$212M |
| Sales/Maturities of Investments | $732M |
| Other Investing Activities | -$106M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $125M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $360M |
| NET CASH FROM FINANCING | $483M |
| FREE CASH FLOW | -$1.0B |
| Net Change in Cash | -$102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $1.9B |
| Net Receivables | $7.9B |
| Inventory | $6.0B |
| Other Current Assets | $488M |
| TOTAL CURRENT ASSETS | $19.9B |
| PP&E (Net) | $121.8B |
| Goodwill | $67M |
| Intangible Assets | $302M |
| Long-Term Investments | $8.3B |
| Tax Assets | $8.9B |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $141.9B |
| TOTAL ASSETS | $161.8B |
| Account Payables | $2.9B |
| Short-Term Debt | $11.1B |
| Deferred Revenue | $521M |
| Other Current Liabilities | $23.1B |
| TOTAL CURRENT LIABILITIES | $41.3B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $7.3B |
| Deferred Tax Liabilities | $3.5B |
| Other Non-Current Liabilities | $80.1B |
| TOTAL NON-CURRENT LIABILITIES | $95.3B |
| TOTAL LIABILITIES | $136.7B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $11.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $376M |
| Other Equity | $9.0B |
| TOTAL STOCKHOLDERS' EQUITY | $24.2B |
| Minority Interest | $958M |
| TOTAL EQUITY | $25.2B |
| TOTAL LIABILITIES & EQUITY | $161.8B |
| Total Debt | $16.0B |
| Net Debt | $13.0B |
