| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.6B | $15.4B | $16.0B | 7.4% | 3.5% |
| Op. Income | $2.2B | $2.0B | $2.3B | 10.4% | -5.9% |
| Gross Margin | 12.8% | 12.7% | 14.4% | 0.1pp | -1.6pp |
| Net Margin | 10.7% | 2.0% | 3.8% | 8.7pp | 6.9pp |
| EPS (Diluted) | $6.71 | $1.16 | $2.21 | 478.4% | 203.6% |
| Free Cash Flow | $2.7B | $1.0B | $1.6B | 165.6% | 68.3% |
| Item | Amount |
|---|---|
| REVENUE | $16.6B |
| Cost of Revenue | $14.5B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$39M |
| Operating Expenses | -$39M |
| Cost & Expenses | $14.4B |
| OPERATING INCOME | $2.2B |
| Interest Income | $0 |
| Interest Expense | $145M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $321M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $293M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $16.6B |
| Cost of Revenue | $14.5B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$39M |
| Operating Expenses | -$39M |
| Cost & Expenses | $14.4B |
| OPERATING INCOME | $2.2B |
| Interest Income | $0 |
| Interest Expense | $145M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $321M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $293M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $293M |
| Stock-Based Compensation | $61M |
| Deferred Income Tax | -$115M |
| Other Non-Cash Items | $372M |
| Change in Working Capital | $744M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$405M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$398M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$739M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | $655M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $0 |
| Net Receivables | $14.8B |
| Inventory | $3.1B |
| Other Current Assets | $600M |
| TOTAL CURRENT ASSETS | $21.0B |
| PP&E (Net) | $7.6B |
| Goodwill | $10.8B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $627M |
| Tax Assets | $3.1B |
| Other Non-Current Assets | $6.4B |
| TOTAL NON-CURRENT ASSETS | $31.1B |
| TOTAL ASSETS | $52.0B |
| Account Payables | $2.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $8.1B |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $16.3B |
| Long-Term Debt | $11.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.2B |
| TOTAL NON-CURRENT LIABILITIES | $23.7B |
| TOTAL LIABILITIES | $40.1B |
| Common Stock | $261M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $19.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.0B |
| TOTAL LIABILITIES & EQUITY | $52.0B |
| Total Debt | $11.5B |
| Net Debt | $9.1B |
