| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $5.8B | $5.2B | 1.1% | 11.5% |
| Op. Income | $3.2B | $3.1B | $2.8B | 2.3% | 12.6% |
| Gross Margin | 76.3% | 76.0% | 79.1% | 0.3pp | -2.9pp |
| Net Margin | 43.4% | 43.4% | 45.6% | -0.0pp | -2.2pp |
| EPS (Diluted) | $2.62 | $2.58 | $2.41 | 1.6% | 8.7% |
| Free Cash Flow | $2.8B | $3.6B | $3.0B | -22.9% | -6.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $216M |
| General & Administrative | $844M |
| SG&A Expenses | $1.1B |
| Other Expenses | $192M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $3.2B |
| Interest Income | $0 |
| Interest Expense | $127M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $564M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $184M |
| EBIT | $3.2B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $216M |
| General & Administrative | $844M |
| SG&A Expenses | $1.1B |
| Other Expenses | $192M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $3.2B |
| Interest Income | $0 |
| Interest Expense | $127M |
| Other Income/Expenses | -$95M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $564M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $184M |
| EBIT | $3.2B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $184M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$62M |
| Other Non-Cash Items | $405M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$339M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$166M |
| Sales/Maturities of Investments | $152M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$350M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | -$473M |
| Other Financing Activities | -$736M |
| NET CASH FROM FINANCING | -$3.6B |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | -$580M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.0B |
| Short-Term Investments | $400M |
| Net Receivables | $3.4B |
| Inventory | $0 |
| Other Current Assets | $5.7B |
| TOTAL CURRENT ASSETS | $16.6B |
| PP&E (Net) | $2.0B |
| Goodwill | $7.5B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $1.7B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $5.8B |
| TOTAL NON-CURRENT ASSETS | $22.1B |
| TOTAL ASSETS | $38.7B |
| Account Payables | $926M |
| Short-Term Debt | $274M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $14.2B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $393M |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $18.2B |
| TOTAL LIABILITIES | $32.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | $53.6B |
| Treasury Stock | -$51.4B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $79M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $38.7B |
| Total Debt | $14.0B |
| Net Debt | $7.0B |
