| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.7B | $6.2B | 2.7% | -5.3% |
| Op. Income | $2.8B | $1.7B | $3.0B | 61.5% | -7.5% |
| Gross Margin | 58.7% | 57.7% | 55.3% | 0.9pp | 3.4pp |
| Net Margin | 33.7% | 20.8% | 34.7% | 13.0pp | -0.9pp |
| EPS (Diluted) | $2.68 | $1.60 | $2.86 | 67.5% | -6.3% |
| Free Cash Flow | $1.9B | $180M | $2.1B | 955.9% | -10.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $576M |
| Other Expenses | $106M |
| Operating Expenses | $682M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $2.8B |
| Interest Income | $11M |
| Interest Expense | $306M |
| Other Income/Expenses | -$228M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $555M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $466M |
| EBIT | $2.8B |
| EBITDA | $3.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $576M |
| Other Expenses | $106M |
| Operating Expenses | $682M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $2.8B |
| Interest Income | $11M |
| Interest Expense | $306M |
| Other Income/Expenses | -$228M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $555M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $466M |
| EBIT | $2.8B |
| EBITDA | $3.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $466M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$196M |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | $190M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$531M |
| Acquisitions (Net) | -$119M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$83M |
| NET CASH FROM INVESTING | -$733M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$869M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | $143M |
| NET CASH FROM FINANCING | -$546M |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $956M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $43M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $34.9B |
| Goodwill | $2.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $964M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $42.8B |
| TOTAL ASSETS | $48.5B |
| Account Payables | $795M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $34.9B |
| Deferred Revenue NC | $728M |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $51.6B |
| TOTAL LIABILITIES | $55.1B |
| Common Stock | $17M |
| Additional Paid-In Capital | $8.5B |
| Retained Earnings | $58.8B |
| Treasury Stock | -$71.2B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6.6B |
| TOTAL LIABILITIES & EQUITY | $48.5B |
| Total Debt | $47.3B |
| Net Debt | $44.5B |
