| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.0B | $17.7B | $16.3B | -15.6% | -8.0% |
| Op. Income | $1.9B | $2.5B | $2.2B | -21.3% | -11.4% |
| Gross Margin | 12.8% | 13.7% | 13.4% | -0.9pp | -0.7pp |
| Net Margin | 11.6% | 11.6% | 11.3% | 0.0pp | 0.3pp |
| EPS (Diluted) | $6.44 | $7.47 | $6.56 | -13.8% | -1.8% |
| Free Cash Flow | $1.1B | $3.7B | $1.5B | -68.8% | -22.2% |
| Item | Amount |
|---|---|
| REVENUE | $15.0B |
| Cost of Revenue | $13.1B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$24M |
| Operating Expenses | -$24M |
| Cost & Expenses | $13.0B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $135M |
| Other Income/Expenses | $128M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $328M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $329M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $15.0B |
| Cost of Revenue | $13.1B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$24M |
| Operating Expenses | -$24M |
| Cost & Expenses | $13.0B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $135M |
| Other Income/Expenses | $128M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $328M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $329M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $329M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$411M |
| Other Non-Cash Items | -$338M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$268M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$251M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.0B |
| Common Dividends Paid | -$767M |
| Other Financing Activities | -$113M |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $14.7B |
| Inventory | $3.1B |
| Other Current Assets | $706M |
| TOTAL CURRENT ASSETS | $20.4B |
| PP&E (Net) | $7.6B |
| Goodwill | $10.8B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $632M |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $6.8B |
| TOTAL NON-CURRENT ASSETS | $31.1B |
| TOTAL ASSETS | $51.5B |
| Account Payables | $2.6B |
| Short-Term Debt | $500M |
| Deferred Revenue | $7.9B |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $16.0B |
| Long-Term Debt | $11.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.3B |
| TOTAL NON-CURRENT LIABILITIES | $25.5B |
| TOTAL LIABILITIES | $41.5B |
| Common Stock | $265M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $20.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.0B |
| TOTAL LIABILITIES & EQUITY | $51.5B |
| Total Debt | $11.6B |
| Net Debt | $9.8B |
