| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.0B | $14.6B | $13.2B | 2.5% | 13.7% |
| Op. Income | $4.1B | $5.1B | $4.9B | -19.0% | -16.6% |
| Gross Margin | 73.7% | 71.1% | 73.8% | 2.6pp | -0.1pp |
| Net Margin | 21.7% | 27.0% | 34.7% | -5.3pp | -13.0pp |
| EPS (Diluted) | $1.28 | $1.55 | $1.80 | -17.4% | -28.9% |
| Free Cash Flow | $4.5B | $3.2B | $3.6B | 41.1% | 23.5% |
| Item | Amount |
|---|---|
| REVENUE | $15.0B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $11.0B |
| R&D Expenses | $4.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $6.9B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $4.1B |
| Interest Income | $40M |
| Interest Expense | $244M |
| Other Income/Expenses | -$523M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $330M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $959M |
| EBIT | $3.8B |
| EBITDA | $4.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.0B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $11.0B |
| R&D Expenses | $4.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $6.9B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $4.1B |
| Interest Income | $40M |
| Interest Expense | $244M |
| Other Income/Expenses | -$523M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $330M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $959M |
| EBIT | $3.8B |
| EBITDA | $4.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $959M |
| Stock-Based Compensation | $139M |
| Deferred Income Tax | -$661M |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | $263M |
| OPERATING CASH FLOW | $5.6B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$121M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $335M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$962M |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.7B |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $4.5B |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $103M |
| Net Receivables | $9.5B |
| Inventory | $5.6B |
| Other Current Assets | $7.2B |
| TOTAL CURRENT ASSETS | $33.6B |
| PP&E (Net) | $20.4B |
| Goodwill | $21.2B |
| Intangible Assets | $21.4B |
| Long-Term Investments | $984M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.6B |
| TOTAL NON-CURRENT ASSETS | $73.5B |
| TOTAL ASSETS | $107.1B |
| Account Payables | $3.4B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23.0B |
| Long-Term Debt | $28.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $8.7B |
| TOTAL NON-CURRENT LIABILITIES | $39.6B |
| TOTAL LIABILITIES | $62.6B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $44.2B |
| Retained Earnings | $59.9B |
| Treasury Stock | -$56.8B |
| Accum. Other Comp. Income | -$4.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44.5B |
| Minority Interest | $66M |
| TOTAL EQUITY | $44.5B |
| TOTAL LIABILITIES & EQUITY | $107.1B |
| Total Debt | $30.4B |
| Net Debt | $19.3B |
