| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $6.0B | $5.1B | -5.7% | 10.6% |
| Op. Income | $2.3B | $2.4B | $2.3B | -3.5% | 1.4% |
| Gross Margin | 53.8% | 54.3% | 52.1% | -0.4pp | 1.8pp |
| Net Margin | 19.5% | 27.3% | 30.0% | -7.8pp | -10.5pp |
| EPS (Diluted) | $1.48 | $2.18 | $2.05 | -32.1% | -27.8% |
| Free Cash Flow | $1.7B | $2.0B | $1.8B | -12.5% | -1.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $584M |
| SG&A Expenses | $584M |
| Other Expenses | $153M |
| Operating Expenses | $738M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $2.3B |
| Interest Income | $3M |
| Interest Expense | $287M |
| Other Income/Expenses | -$771M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $437M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $480M |
| EBIT | $1.8B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $584M |
| SG&A Expenses | $584M |
| Other Expenses | $153M |
| Operating Expenses | $738M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $2.3B |
| Interest Income | $3M |
| Interest Expense | $287M |
| Other Income/Expenses | -$771M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $437M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $480M |
| EBIT | $1.8B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $480M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$51M |
| Other Non-Cash Items | $72M |
| Change in Working Capital | $473M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$401M |
| Acquisitions (Net) | -$70M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$83M |
| NET CASH FROM INVESTING | -$555M |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | $46M |
| NET CASH FROM FINANCING | -$3.8B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | -$2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $50M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $37.8B |
| Goodwill | $2.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $46.2B |
| TOTAL ASSETS | $50.9B |
| Account Payables | $719M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $34.0B |
| Deferred Revenue NC | $743M |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $52.6B |
| TOTAL LIABILITIES | $56.9B |
| Common Stock | $17M |
| Additional Paid-In Capital | $8.3B |
| Retained Earnings | $57.6B |
| Treasury Stock | -$69.3B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6.0B |
| TOTAL LIABILITIES & EQUITY | $50.9B |
| Total Debt | $47.6B |
| Net Debt | $45.2B |
