| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.2B | $12.8B | $9.1B | 2.5% | 44.9% |
| Op. Income | $1.7B | $911M | $1.1B | 82.3% | 52.7% |
| Gross Margin | 15.4% | 14.8% | 15.5% | 0.6pp | -0.1pp |
| Net Margin | 10.0% | 5.6% | 11.8% | 4.4pp | -1.7pp |
| EPS (Diluted) | $4.01 | $2.19 | $3.18 | 83.1% | 26.1% |
| Free Cash Flow | $1.1B | $2.4B | $231M | -56.1% | 357.1% |
| Item | Amount |
|---|---|
| REVENUE | $13.2B |
| Cost of Revenue | $11.1B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $328M |
| Other Expenses | $0 |
| Operating Expenses | $360M |
| Cost & Expenses | $11.5B |
| OPERATING INCOME | $1.7B |
| Interest Income | $2M |
| Interest Expense | $74M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $316M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $311M |
| EBIT | $1.7B |
| EBITDA | $2.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $13.2B |
| Cost of Revenue | $11.1B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $328M |
| Other Expenses | $0 |
| Operating Expenses | $360M |
| Cost & Expenses | $11.5B |
| OPERATING INCOME | $1.7B |
| Interest Income | $2M |
| Interest Expense | $74M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $316M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $311M |
| EBIT | $1.7B |
| EBITDA | $2.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $311M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $137M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$293M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$446M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$456M |
| Net Debt Issuance | -$169M |
| Common Stock Repurchased | -$217M |
| Common Dividends Paid | -$371M |
| Other Financing Activities | $44M |
| NET CASH FROM FINANCING | -$713M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $317M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $5.4B |
| Inventory | $5.0B |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $13.3B |
| PP&E (Net) | $16.6B |
| Goodwill | $1.9B |
| Intangible Assets | $673M |
| Long-Term Investments | $4.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $647M |
| TOTAL NON-CURRENT ASSETS | $24.6B |
| TOTAL ASSETS | $37.9B |
| Account Payables | $4.2B |
| Short-Term Debt | $149M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $11.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $17.5B |
| TOTAL LIABILITIES | $25.0B |
| Common Stock | $19M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $9.5B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.7B |
| Minority Interest | $130M |
| TOTAL EQUITY | $12.8B |
| TOTAL LIABILITIES & EQUITY | $37.9B |
| Total Debt | $12.9B |
| Net Debt | $11.1B |
