| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $6.9B | $6.4B | -7.1% | -0.3% |
| Op. Income | $2.9B | $3.2B | $2.8B | -10.0% | 2.4% |
| Gross Margin | 57.6% | 56.4% | 57.0% | 1.2pp | 0.6pp |
| Net Margin | 31.6% | 32.8% | 31.8% | -1.2pp | -0.3pp |
| EPS (Diluted) | $2.80 | $3.13 | $2.80 | -10.5% | 0.0% |
| Free Cash Flow | $1.8B | $1.9B | $1.7B | -6.1% | 5.3% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $664M |
| Other Expenses | $147M |
| Operating Expenses | $811M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $2.9B |
| Interest Income | $18M |
| Interest Expense | $380M |
| Other Income/Expenses | -$330M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $521M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $553M |
| EBIT | $2.9B |
| EBITDA | $3.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $664M |
| Other Expenses | $147M |
| Operating Expenses | $811M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $2.9B |
| Interest Income | $18M |
| Interest Expense | $380M |
| Other Income/Expenses | -$330M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $521M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $553M |
| EBIT | $2.9B |
| EBITDA | $3.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $553M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | -$73M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $76M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$807M |
| Acquisitions (Net) | $81M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$742M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | -$503M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | -$136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $56M |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $38.6B |
| Goodwill | $3.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.1B |
| TOTAL NON-CURRENT ASSETS | $50.6B |
| TOTAL ASSETS | $55.2B |
| Account Payables | $1.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $38.4B |
| Deferred Revenue NC | $778M |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $55.1B |
| TOTAL LIABILITIES | $59.0B |
| Common Stock | $17M |
| Additional Paid-In Capital | $9.3B |
| Retained Earnings | $66.8B |
| Treasury Stock | -$77.4B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3.8B |
| TOTAL LIABILITIES & EQUITY | $55.2B |
| Total Debt | $51.9B |
| Net Debt | $50.9B |
