| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.9B | $7.2B | — | -4.1% | — |
| Op. Income | $2.7B | $1.8B | — | 44.9% | — |
| Gross Margin | 64.1% | 61.7% | — | 2.5pp | — |
| Net Margin | 17.6% | 17.0% | — | 0.6pp | — |
| EPS (Diluted) | $0.59 | $0.60 | — | -1.7% | — |
| Free Cash Flow | $784M | $1.0B | — | -22.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.8B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $2.0B |
| Other Income/Expenses | -$1.6B |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $168M |
| Net Income from Continuing Ops | $915M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $1.7B |
| EBIT | $3.1B |
| EBITDA | $4.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.8B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $2.0B |
| Other Income/Expenses | -$1.6B |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $168M |
| Net Income from Continuing Ops | $915M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $1.7B |
| EBIT | $3.1B |
| EBITDA | $4.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $242M |
| Other Non-Cash Items | -$117M |
| Change in Working Capital | -$138M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$2.1B |
| Acquisitions (Net) | -$201M |
| Purchases of Investments | -$5.3B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $1.0B |
| NET CASH FROM INVESTING | -$4.7B |
| Net Debt Issuance | -$270M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$959M |
| Other Financing Activities | $3.7B |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | $784M |
| Net Change in Cash | $642M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $0 |
| Net Receivables | $6.0B |
| Inventory | $2.1B |
| Other Current Assets | $4.5B |
| TOTAL CURRENT ASSETS | $15.4B |
| PP&E (Net) | $125.8B |
| Goodwill | $5.1B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $14.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.7B |
| TOTAL NON-CURRENT ASSETS | $162.1B |
| TOTAL ASSETS | $177.5B |
| Account Payables | $8.5B |
| Short-Term Debt | $11.8B |
| Deferred Revenue | $638M |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $28.0B |
| Long-Term Debt | $61.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.1B |
| Other Non-Current Liabilities | $19.0B |
| TOTAL NON-CURRENT LIABILITIES | $90.5B |
| TOTAL LIABILITIES | $118.5B |
| Common Stock | $21M |
| Additional Paid-In Capital | $17.4B |
| Retained Earnings | $30.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$153M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47.5B |
| Minority Interest | $11.6B |
| TOTAL EQUITY | $59.0B |
| TOTAL LIABILITIES & EQUITY | $177.5B |
| Total Debt | $73.2B |
| Net Debt | $70.5B |
