| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.3B | $14.8B | $12.7B | -17.4% | -3.5% |
| Op. Income | $812M | $2.1B | $2.2B | -62.1% | -63.9% |
| Gross Margin | 9.5% | 17.3% | 20.4% | -7.8pp | -10.9pp |
| Net Margin | 4.7% | 11.1% | 13.9% | -6.4pp | -9.2pp |
| EPS (Diluted) | $1.74 | $4.99 | $5.25 | -65.1% | -66.9% |
| Free Cash Flow | $975M | $1.1B | $1.6B | -8.6% | -40.1% |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $11.1B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | $0 |
| Operating Expenses | $350M |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $812M |
| Interest Income | $7M |
| Interest Expense | $70M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $727M |
| Income Tax Expense | $154M |
| Net Income from Continuing Ops | $573M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $570M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $570M |
| D&A | $318M |
| EBIT | $797M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $11.1B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | $0 |
| Operating Expenses | $350M |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | $812M |
| Interest Income | $7M |
| Interest Expense | $70M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $727M |
| Income Tax Expense | $154M |
| Net Income from Continuing Ops | $573M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $570M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $570M |
| D&A | $318M |
| EBIT | $797M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $572M |
| Depreciation & Amortization | $318M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | $428M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$439M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $614M |
| Other Investing Activities | -$546M |
| NET CASH FROM INVESTING | -$399M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$158M |
| Common Dividends Paid | -$395M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | -$537M |
| FREE CASH FLOW | $975M |
| Net Change in Cash | $420M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $4.3B |
| Inventory | $5.2B |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $12.3B |
| PP&E (Net) | $16.6B |
| Goodwill | $1.7B |
| Intangible Assets | $594M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $845M |
| TOTAL NON-CURRENT ASSETS | $24.2B |
| TOTAL ASSETS | $36.5B |
| Account Payables | $3.5B |
| Short-Term Debt | $871M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $16.5B |
| TOTAL LIABILITIES | $24.2B |
| Common Stock | $19M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $9.2B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.2B |
| Minority Interest | $128M |
| TOTAL EQUITY | $12.3B |
| TOTAL LIABILITIES & EQUITY | $36.5B |
| Total Debt | $12.8B |
| Net Debt | $11.3B |
