| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $6.9B | — | -16.7% | — |
| Op. Income | $2.0B | $2.7B | — | -24.3% | — |
| Gross Margin | 59.4% | 64.1% | — | -4.8pp | — |
| Net Margin | 39.6% | 17.6% | — | 22.0pp | — |
| EPS (Diluted) | $1.10 | $0.59 | — | 86.4% | — |
| Free Cash Flow | $609M | $784M | — | -22.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $2.0B |
| Interest Income | $0 |
| Interest Expense | $323M |
| Other Income/Expenses | $151M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $227M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $988M |
| EBIT | $2.5B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $2.0B |
| Interest Income | $0 |
| Interest Expense | $323M |
| Other Income/Expenses | $151M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $227M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $988M |
| EBIT | $2.5B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $988M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $398M |
| Other Non-Cash Items | -$599M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$2.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.3B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$48M |
| NET CASH FROM INVESTING | -$9.3B |
| Net Debt Issuance | $6.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$672M |
| NET CASH FROM FINANCING | $5.0B |
| FREE CASH FLOW | $609M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $5.2B |
| Inventory | $2.1B |
| Other Current Assets | $3.7B |
| TOTAL CURRENT ASSETS | $12.7B |
| PP&E (Net) | $129.2B |
| Goodwill | $5.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $15.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.3B |
| TOTAL NON-CURRENT ASSETS | $167.3B |
| TOTAL ASSETS | $179.9B |
| Account Payables | $4.3B |
| Short-Term Debt | $14.1B |
| Deferred Revenue | $663M |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $24.8B |
| Long-Term Debt | $65.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.6B |
| Other Non-Current Liabilities | $19.2B |
| TOTAL NON-CURRENT LIABILITIES | $95.8B |
| TOTAL LIABILITIES | $120.6B |
| Common Stock | $21M |
| Additional Paid-In Capital | $17.3B |
| Retained Earnings | $31.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$167M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48.6B |
| Minority Interest | $10.7B |
| TOTAL EQUITY | $59.4B |
| TOTAL LIABILITIES & EQUITY | $179.9B |
| Total Debt | $79.9B |
| Net Debt | $78.3B |
