| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.1B | $18.1B | $16.9B | -5.6% | 1.3% |
| Op. Income | $2.1B | $2.1B | $2.0B | -0.4% | 4.8% |
| Gross Margin | 12.4% | 12.2% | 12.1% | 0.1pp | 0.2pp |
| Net Margin | 9.5% | 9.1% | 10.0% | 0.4pp | -0.5pp |
| EPS (Diluted) | $6.80 | $6.85 | $6.73 | -0.7% | 1.0% |
| Free Cash Flow | $2.1B | $1.5B | $2.5B | 38.3% | -17.6% |
| Item | Amount |
|---|---|
| REVENUE | $17.1B |
| Cost of Revenue | $15.0B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$23M |
| Operating Expenses | -$23M |
| Cost & Expenses | $15.0B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $256M |
| Other Income/Expenses | -$222M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $295M |
| 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 | $390M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $17.1B |
| Cost of Revenue | $15.0B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$23M |
| Operating Expenses | -$23M |
| Cost & Expenses | $15.0B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $256M |
| Other Income/Expenses | -$222M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $295M |
| 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 | $390M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $390M |
| Stock-Based Compensation | $75M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $211M |
| Change in Working Capital | $168M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$355M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $145M |
| NET CASH FROM INVESTING | -$210M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$850M |
| Common Dividends Paid | -$749M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | $628M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $0 |
| Net Receivables | $16.4B |
| Inventory | $3.2B |
| Other Current Assets | $461M |
| TOTAL CURRENT ASSETS | $23.2B |
| PP&E (Net) | $8.5B |
| Goodwill | $10.8B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $628M |
| Tax Assets | $3.1B |
| Other Non-Current Assets | $7.3B |
| TOTAL NON-CURRENT ASSETS | $32.3B |
| TOTAL ASSETS | $55.5B |
| Account Payables | $3.2B |
| Short-Term Debt | $142M |
| Deferred Revenue | $9.1B |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $17.8B |
| Long-Term Debt | $19.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.3B |
| TOTAL NON-CURRENT LIABILITIES | $30.5B |
| TOTAL LIABILITIES | $48.3B |
| Common Stock | $236M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $15.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.2B |
| TOTAL LIABILITIES & EQUITY | $55.5B |
| Total Debt | $19.3B |
| Net Debt | $16.2B |
