| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.6B | $17.1B | $18.9B | 8.9% | -1.3% |
| Op. Income | $696M | $2.1B | $2.3B | -67.5% | -69.6% |
| Gross Margin | 3.7% | 12.4% | 12.2% | -8.7pp | -8.5pp |
| Net Margin | 2.8% | 9.5% | 9.9% | -6.7pp | -7.1pp |
| EPS (Diluted) | $2.22 | $6.80 | $7.58 | -67.4% | -70.7% |
| Free Cash Flow | $441M | $2.1B | $1.7B | -78.8% | -73.4% |
| Item | Amount |
|---|---|
| REVENUE | $18.6B |
| Cost of Revenue | $17.9B |
| GROSS PROFIT | $690M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$6M |
| Operating Expenses | -$6M |
| Cost & Expenses | $17.9B |
| OPERATING INCOME | $696M |
| Interest Income | $0 |
| Interest Expense | $264M |
| Other Income/Expenses | -$177M |
| INCOME BEFORE TAX | $519M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $527M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $527M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $527M |
| D&A | $459M |
| EBIT | $783M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $18.6B |
| Cost of Revenue | $17.9B |
| GROSS PROFIT | $690M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$6M |
| Operating Expenses | -$6M |
| Cost & Expenses | $17.9B |
| OPERATING INCOME | $696M |
| Interest Income | $0 |
| Interest Expense | $264M |
| Other Income/Expenses | -$177M |
| INCOME BEFORE TAX | $519M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $527M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $527M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $527M |
| D&A | $459M |
| EBIT | $783M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $527M |
| Depreciation & Amortization | $459M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$414M |
| Other Non-Cash Items | $311M |
| Change in Working Capital | $92M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$582M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$256M |
| NET CASH FROM INVESTING | -$838M |
| Net Debt Issuance | $990M |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$778M |
| Other Financing Activities | -$65M |
| NET CASH FROM FINANCING | -$853M |
| FREE CASH FLOW | $441M |
| Net Change in Cash | -$668M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $0 |
| Net Receivables | $15.3B |
| Inventory | $3.5B |
| Other Current Assets | $584M |
| TOTAL CURRENT ASSETS | $21.8B |
| PP&E (Net) | $8.7B |
| Goodwill | $11.1B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $3.1B |
| Tax Assets | $3.6B |
| Other Non-Current Assets | $5.3B |
| TOTAL NON-CURRENT ASSETS | $33.8B |
| TOTAL ASSETS | $55.6B |
| Account Payables | $2.2B |
| Short-Term Debt | $643M |
| Deferred Revenue | $9.8B |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $19.4B |
| Long-Term Debt | $19.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.2B |
| TOTAL NON-CURRENT LIABILITIES | $29.9B |
| TOTAL LIABILITIES | $49.3B |
| Common Stock | $234M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $14.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $55.6B |
| Total Debt | $20.3B |
| Net Debt | $17.8B |
