| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.3B | $6.9B | $8.0B | 5.2% | -8.7% |
| Op. Income | $2.2B | $2.0B | $2.5B | 8.3% | -10.7% |
| Gross Margin | 78.8% | 77.3% | 74.4% | 1.5pp | 4.4pp |
| Net Margin | 26.5% | 20.9% | 21.6% | 5.6pp | 5.0pp |
| EPS (Diluted) | $2.04 | $1.61 | $1.81 | 26.7% | 12.7% |
| Free Cash Flow | $1.0B | $1.6B | $1.8B | -34.5% | -41.9% |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $0 |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.2B |
| Interest Income | $26M |
| Interest Expense | $84M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $159M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $375M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $0 |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.6B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.2B |
| Interest Income | $26M |
| Interest Expense | $84M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $159M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $375M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $375M |
| Stock-Based Compensation | $93M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$300.0K |
| Change in Working Capital | -$836M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$556M |
| Acquisitions (Net) | -$327M |
| Purchases of Investments | -$169M |
| Sales/Maturities of Investments | $129M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$861M |
| Net Debt Issuance | -$243M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$884M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | -$550M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $145M |
| Net Receivables | $8.6B |
| Inventory | $4.3B |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $18.0B |
| PP&E (Net) | $10.1B |
| Goodwill | $4.1B |
| Intangible Assets | $7.2B |
| Long-Term Investments | $2.9B |
| Tax Assets | $2.8B |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $31.5B |
| TOTAL ASSETS | $49.5B |
| Account Payables | $1.9B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.2B |
| TOTAL CURRENT LIABILITIES | $17.1B |
| Long-Term Debt | $14.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $21.6B |
| TOTAL LIABILITIES | $38.7B |
| Common Stock | $594M |
| Additional Paid-In Capital | $6.9B |
| Retained Earnings | $10.0B |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | -$3.8B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $10.6B |
| Minority Interest | $126M |
| TOTAL EQUITY | $10.8B |
| TOTAL LIABILITIES & EQUITY | $49.5B |
| Total Debt | $16.2B |
| Net Debt | $14.2B |
