| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.0B | $10.2B | $9.8B | -2.2% | 2.3% |
| Op. Income | $1.1B | $1.1B | $1.0B | 2.8% | 10.2% |
| Gross Margin | 21.1% | 21.4% | 20.9% | -0.4pp | 0.2pp |
| Net Margin | 10.3% | 9.2% | 9.6% | 1.1pp | 0.7pp |
| EPS (Diluted) | $7.00 | $6.36 | $6.18 | 10.1% | 13.3% |
| Free Cash Flow | $730M | $1.1B | $869M | -33.9% | -16.0% |
| Item | Amount |
|---|---|
| REVENUE | $10.0B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | -$168M |
| General & Administrative | $986M |
| SG&A Expenses | $818M |
| Other Expenses | $168M |
| Operating Expenses | $986M |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $161M |
| Other Income/Expenses | $68M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $162M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $331M |
| EBIT | $1.3B |
| EBITDA | $1.7B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $10.0B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | -$168M |
| General & Administrative | $986M |
| SG&A Expenses | $818M |
| Other Expenses | $168M |
| Operating Expenses | $986M |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $161M |
| Other Income/Expenses | $68M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $162M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $331M |
| EBIT | $1.3B |
| EBITDA | $1.7B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $331M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$157M |
| Other Non-Cash Items | -$137M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$361M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$361M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$321M |
| Common Dividends Paid | -$301M |
| Other Financing Activities | -$54M |
| NET CASH FROM FINANCING | -$676M |
| FREE CASH FLOW | $730M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $0 |
| Net Receivables | $8.5B |
| Inventory | $1.6B |
| Other Current Assets | $628M |
| TOTAL CURRENT ASSETS | $14.1B |
| PP&E (Net) | $11.9B |
| Goodwill | $17.5B |
| Intangible Assets | $268M |
| Long-Term Investments | $361M |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $34.0B |
| TOTAL ASSETS | $48.3B |
| Account Payables | $2.5B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $3.2B |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $13.1B |
| Long-Term Debt | $16.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $20.4B |
| TOTAL LIABILITIES | $33.5B |
| Common Stock | $146M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $14.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$136M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.7B |
| TOTAL LIABILITIES & EQUITY | $48.3B |
| Total Debt | $19.9B |
| Net Debt | $16.6B |
