| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.9B | $5.7B | -0.5% | 4.1% |
| Op. Income | $2.5B | $2.6B | $2.3B | -2.0% | 9.5% |
| Gross Margin | 56.2% | 57.5% | 53.8% | -1.3pp | 2.4pp |
| Net Margin | 30.6% | 32.1% | 19.5% | -1.6pp | 11.1pp |
| EPS (Diluted) | $2.45 | $2.59 | $1.48 | -5.4% | 65.5% |
| Free Cash Flow | $1.9B | $1.7B | $1.7B | 14.6% | 10.7% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | -$300.0K |
| General & Administrative | $553M |
| SG&A Expenses | $553M |
| Other Expenses | $229M |
| Operating Expenses | $782M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $2.5B |
| Interest Income | $38M |
| Interest Expense | $330M |
| Other Income/Expenses | -$265M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $465M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $490M |
| EBIT | $2.6B |
| EBITDA | $3.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | -$300.0K |
| General & Administrative | $553M |
| SG&A Expenses | $553M |
| Other Expenses | $229M |
| Operating Expenses | $782M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $2.5B |
| Interest Income | $38M |
| Interest Expense | $330M |
| Other Income/Expenses | -$265M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $465M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $490M |
| EBIT | $2.6B |
| EBITDA | $3.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $490M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | -$86M |
| Other Non-Cash Items | -$31M |
| Change in Working Capital | $195M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$503M |
| Acquisitions (Net) | -$77M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$161M |
| NET CASH FROM INVESTING | -$741M |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$578M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | -$558M |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $52M |
| Other Current Assets | $964M |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $36.4B |
| Goodwill | $2.9B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.8B |
| TOTAL NON-CURRENT ASSETS | $45.2B |
| TOTAL ASSETS | $52.0B |
| Account Payables | $812M |
| Short-Term Debt | $524M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $36.6B |
| Deferred Revenue NC | $761M |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $53.2B |
| TOTAL LIABILITIES | $57.8B |
| Common Stock | $17M |
| Additional Paid-In Capital | $8.6B |
| Retained Earnings | $60.2B |
| Treasury Stock | -$72.2B |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5.8B |
| TOTAL LIABILITIES & EQUITY | $52.0B |
| Total Debt | $49.9B |
| Net Debt | $46.2B |
