| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.8B | $3.7B | -0.5% | 0.8% |
| Op. Income | $634M | $823M | $506M | -23.0% | 25.3% |
| Gross Margin | 54.7% | 56.2% | 53.1% | -1.5pp | 1.6pp |
| Net Margin | 9.6% | 15.5% | 11.0% | -5.9pp | -1.4pp |
| EPS (Diluted) | $0.21 | $0.34 | $0.22 | -38.1% | -4.4% |
| Free Cash Flow | $485M | $633M | $886M | -23.4% | -45.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $103M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $634M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $512M |
| Income Tax Expense | $151M |
| Net Income from Continuing Ops | $361M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $361M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $361M |
| D&A | $166M |
| EBIT | $512M |
| EBITDA | $678M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $103M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $634M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $512M |
| Income Tax Expense | $151M |
| Net Income from Continuing Ops | $361M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $361M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $361M |
| D&A | $166M |
| EBIT | $512M |
| EBITDA | $678M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $361M |
| Depreciation & Amortization | $166M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $85M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $644M |
| Capital Expenditure | -$159M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$55M |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | $485M |
| Net Change in Cash | $434M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $2.2B |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $1.8B |
| Goodwill | $9.2B |
| Intangible Assets | $9.9B |
| Long-Term Investments | $0 |
| Tax Assets | $147M |
| Other Non-Current Assets | $434M |
| TOTAL NON-CURRENT ASSETS | $21.4B |
| TOTAL ASSETS | $27.3B |
| Account Payables | $1.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $272M |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | -$8.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.5B |
| Other Equity | $25.4B |
| TOTAL STOCKHOLDERS' EQUITY | $20.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.0B |
| TOTAL LIABILITIES & EQUITY | $27.3B |
| Total Debt | $9.0B |
| Net Debt | $7.8B |
