| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.4B | $8.3B | — | 1.1% | — |
| Op. Income | $2.2B | $2.2B | — | -0.1% | — |
| Gross Margin | 36.4% | 37.0% | — | -0.6pp | — |
| Net Margin | 18.5% | 20.1% | — | -1.6pp | — |
| EPS (Diluted) | $3.22 | $3.44 | — | -6.4% | — |
| Free Cash Flow | $1.7B | $796M | — | 109.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $8.4B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $823M |
| Other Expenses | $0 |
| Operating Expenses | $860M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $2.2B |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | -$79M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $498M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $960M |
| EBIT | $2.1B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $8.4B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $823M |
| Other Expenses | $0 |
| Operating Expenses | $860M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $2.2B |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | -$79M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $498M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $960M |
| EBIT | $2.1B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $960M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | -$124M |
| Other Non-Cash Items | -$894M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$45M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $154M |
| NET CASH FROM INVESTING | -$957M |
| Net Debt Issuance | $93M |
| Common Stock Repurchased | -$667M |
| Common Dividends Paid | -$662M |
| Other Financing Activities | -$44M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $561M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.2B |
| Short-Term Investments | $0 |
| Net Receivables | $5.1B |
| Inventory | $2.1B |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $13.5B |
| PP&E (Net) | $25.1B |
| Goodwill | $27.1B |
| Intangible Assets | $12.1B |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.7B |
| TOTAL NON-CURRENT ASSETS | $69.1B |
| TOTAL ASSETS | $82.5B |
| Account Payables | $2.8B |
| Short-Term Debt | $4.8B |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $14.0B |
| Long-Term Debt | $17.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.4B |
| TOTAL NON-CURRENT LIABILITIES | $27.9B |
| TOTAL LIABILITIES | $41.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $39.6B |
| Retained Earnings | $11.6B |
| Treasury Stock | -$5.9B |
| Accum. Other Comp. Income | -$6.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39.2B |
| Minority Interest | $1.4B |
| TOTAL EQUITY | $40.6B |
| TOTAL LIABILITIES & EQUITY | $82.5B |
| Total Debt | $22.3B |
| Net Debt | $17.1B |
