| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.2B | $6.7B | $4.7B | -7.6% | 32.9% |
| Op. Income | $395M | $1.2B | $733M | -65.9% | -46.1% |
| Gross Margin | 19.5% | 29.0% | 29.8% | -9.5pp | -10.3pp |
| Net Margin | 4.5% | 11.3% | 9.5% | -6.8pp | -5.1pp |
| EPS (Diluted) | $0.43 | $1.20 | $0.73 | -64.2% | -41.1% |
| Free Cash Flow | -$845M | $916M | -$713M | -192.2% | -18.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $5.0B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $819M |
| Operating Expenses | $819M |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $395M |
| Interest Income | $70M |
| Interest Expense | $75M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $353M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $277M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $277M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $277M |
| D&A | $335M |
| EBIT | $428M |
| EBITDA | $763M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $5.0B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $819M |
| Operating Expenses | $819M |
| Cost & Expenses | $5.8B |
| OPERATING INCOME | $395M |
| Interest Income | $70M |
| Interest Expense | $75M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $353M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $277M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $277M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $277M |
| D&A | $335M |
| EBIT | $428M |
| EBITDA | $763M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $277M |
| Depreciation & Amortization | $335M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $76M |
| Other Non-Cash Items | -$296M |
| Change in Working Capital | -$158M |
| OPERATING CASH FLOW | $234M |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$1.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | -$845M |
| Net Change in Cash | -$2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.4B |
| Short-Term Investments | $3.2B |
| Net Receivables | $1.3B |
| Inventory | $776M |
| Other Current Assets | $653M |
| TOTAL CURRENT ASSETS | $16.4B |
| PP&E (Net) | $17.8B |
| Goodwill | $970M |
| Intangible Assets | $295M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $477M |
| TOTAL NON-CURRENT ASSETS | $19.5B |
| TOTAL ASSETS | $35.9B |
| Account Payables | $279M |
| Short-Term Debt | $381M |
| Deferred Revenue | $6.4B |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $10.4B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $2.1B |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $14.6B |
| TOTAL LIABILITIES | $25.0B |
| Common Stock | $888M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $16.6B |
| Treasury Stock | -$10.8B |
| Accum. Other Comp. Income | $305M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.9B |
| TOTAL LIABILITIES & EQUITY | $35.9B |
| Total Debt | $10.1B |
| Net Debt | -$331M |
