| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.9B | $6.0B | 0.9% | -1.4% |
| Op. Income | $2.6B | $2.8B | $2.4B | -6.6% | 7.7% |
| Gross Margin | 57.5% | 58.7% | 54.3% | -1.2pp | 3.3pp |
| Net Margin | 32.1% | 33.7% | 27.3% | -1.6pp | 4.8pp |
| EPS (Diluted) | $2.59 | $2.68 | $2.18 | -3.4% | 18.8% |
| Free Cash Flow | $1.7B | $1.9B | $2.0B | -12.1% | -15.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $720M |
| Other Expenses | $106M |
| Operating Expenses | $826M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $26M |
| Interest Expense | $323M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $436M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $463M |
| EBIT | $2.7B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $720M |
| Other Expenses | $106M |
| Operating Expenses | $826M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $26M |
| Interest Expense | $323M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $436M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $463M |
| EBIT | $2.7B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $463M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | -$98M |
| Change in Working Capital | -$140M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$529M |
| Acquisitions (Net) | -$374M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$168M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$489M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $69M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | -$245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $52M |
| Other Current Assets | $673M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $36.3B |
| Goodwill | $2.9B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.7B |
| TOTAL NON-CURRENT ASSETS | $45.0B |
| TOTAL ASSETS | $50.4B |
| Account Payables | $980M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $35.9B |
| Deferred Revenue NC | $758M |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $52.6B |
| TOTAL LIABILITIES | $56.4B |
| Common Stock | $17M |
| Additional Paid-In Capital | $8.5B |
| Retained Earnings | $59.5B |
| Treasury Stock | -$71.6B |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6.0B |
| TOTAL LIABILITIES & EQUITY | $50.4B |
| Total Debt | $48.7B |
| Net Debt | $46.1B |
