| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.6B | $4.9B | -4.8% | -10.2% |
| Op. Income | $791M | $912M | $1.1B | -13.3% | -30.1% |
| Gross Margin | 35.3% | 36.6% | 35.8% | -1.3pp | -0.5pp |
| Net Margin | 13.2% | 7.5% | 11.1% | 5.7pp | 2.0pp |
| EPS (Diluted) | $0.57 | $0.34 | $0.51 | 67.6% | 11.8% |
| Free Cash Flow | $278M | $635M | $1.0B | -56.2% | -73.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $757M |
| Other Expenses | $0 |
| Operating Expenses | $757M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $791M |
| Interest Income | $0 |
| Interest Expense | $363M |
| Other Income/Expenses | $146M |
| INCOME BEFORE TAX | $937M |
| Income Tax Expense | $359M |
| Net Income from Continuing Ops | $578M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $578M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $578M |
| D&A | $892M |
| EBIT | $1.3B |
| EBITDA | $2.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $757M |
| Other Expenses | $0 |
| Operating Expenses | $757M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $791M |
| Interest Income | $0 |
| Interest Expense | $363M |
| Other Income/Expenses | $146M |
| INCOME BEFORE TAX | $937M |
| Income Tax Expense | $359M |
| Net Income from Continuing Ops | $578M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $578M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $578M |
| D&A | $892M |
| EBIT | $1.3B |
| EBITDA | $2.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $578M |
| Depreciation & Amortization | $808M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $369M |
| Other Non-Cash Items | -$757M |
| Change in Working Capital | $102M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$845M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.7B |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | -$2.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$255M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | $278M |
| Net Change in Cash | -$156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $179M |
| Other Current Assets | $6.8B |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $20.7B |
| Goodwill | $15.9B |
| Intangible Assets | $6.4B |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $45.7B |
| TOTAL ASSETS | $54.8B |
| Account Payables | $1.0B |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $624M |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $21.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.6B |
| Other Non-Current Liabilities | $7.2B |
| TOTAL NON-CURRENT LIABILITIES | $33.5B |
| TOTAL LIABILITIES | $42.2B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $18.2B |
| Retained Earnings | -$4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.6B |
| TOTAL LIABILITIES & EQUITY | $54.8B |
| Total Debt | $25.6B |
| Net Debt | $25.4B |
