| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.2B | — | $13.2B | — | -22.1% |
| Op. Income | $713M | — | $1.7B | — | -57.1% |
| Gross Margin | 13.5% | — | 15.4% | — | -1.9pp |
| Net Margin | 4.6% | — | 10.0% | — | -5.4pp |
| EPS (Diluted) | $1.44 | — | $4.01 | — | -64.1% |
| Free Cash Flow | $130M | — | $1.1B | — | -87.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $385M |
| Other Expenses | $252M |
| Operating Expenses | $670M |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $713M |
| Interest Income | $23M |
| Interest Expense | $116M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $642M |
| Income Tax Expense | $167M |
| Net Income from Continuing Ops | $475M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $472M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $472M |
| D&A | $396M |
| EBIT | $758M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $385M |
| Other Expenses | $252M |
| Operating Expenses | $670M |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $713M |
| Interest Income | $23M |
| Interest Expense | $116M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $642M |
| Income Tax Expense | $167M |
| Net Income from Continuing Ops | $475M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $472M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $472M |
| D&A | $396M |
| EBIT | $758M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $474M |
| Depreciation & Amortization | $396M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $260M |
| Change in Working Capital | -$678M |
| OPERATING CASH FLOW | $482M |
| Capital Expenditure | -$352M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$371M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$70M |
| Common Dividends Paid | -$389M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$477M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | -$352M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $3.9B |
| Inventory | $5.2B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $12.0B |
| PP&E (Net) | $17.1B |
| Goodwill | $1.6B |
| Intangible Assets | $651M |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $631M |
| TOTAL NON-CURRENT ASSETS | $24.2B |
| TOTAL ASSETS | $36.3B |
| Account Payables | $3.0B |
| Short-Term Debt | $775M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $10.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $16.9B |
| TOTAL LIABILITIES | $23.4B |
| Common Stock | $19M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $9.3B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.7B |
| Minority Interest | $128M |
| TOTAL EQUITY | $12.8B |
| TOTAL LIABILITIES & EQUITY | $36.3B |
| Total Debt | $12.9B |
| Net Debt | $11.1B |
