| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.1B | — | $13.5B | — | -3.2% |
| Op. Income | $1.9B | — | $2.6B | — | -23.9% |
| Gross Margin | 68.9% | — | 70.6% | — | -1.7pp |
| Net Margin | 11.2% | — | 120.6% | — | -109.4pp |
| EPS (Diluted) | $0.68 | — | $7.24 | — | -90.6% |
| Free Cash Flow | $3.5B | — | $2.9B | — | 19.2% |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.7B |
| Other Expenses | $876M |
| Operating Expenses | $7.1B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $241M |
| Other Income/Expenses | -$208M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $275M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $1.9B |
| EBIT | $2.0B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.7B |
| Other Expenses | $876M |
| Operating Expenses | $7.1B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $241M |
| Other Income/Expenses | -$208M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $275M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $1.9B |
| EBIT | $2.0B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $197M |
| Deferred Income Tax | $275M |
| Other Non-Cash Items | -$360M |
| Change in Working Capital | $585M |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$647M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$10.6B |
| Sales/Maturities of Investments | $9.7B |
| Other Investing Activities | -$142M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$2.7B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$44M |
| NET CASH FROM FINANCING | -$4.0B |
| FREE CASH FLOW | $3.5B |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $11.4B |
| Net Receivables | $8.9B |
| Inventory | $7.2B |
| Other Current Assets | $958M |
| TOTAL CURRENT ASSETS | $36.9B |
| PP&E (Net) | $12.2B |
| Goodwill | $29.3B |
| Intangible Assets | $31.6B |
| Long-Term Investments | $2.5B |
| Tax Assets | $8.1B |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $84.9B |
| TOTAL ASSETS | $121.8B |
| Account Payables | $5.1B |
| Short-Term Debt | $6.1B |
| Deferred Revenue | $123M |
| Other Current Liabilities | $12.4B |
| TOTAL CURRENT LIABILITIES | $28.7B |
| Long-Term Debt | $20.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.0B |
| Other Non-Current Liabilities | $4.9B |
| TOTAL NON-CURRENT LIABILITIES | $33.7B |
| TOTAL LIABILITIES | $62.3B |
| Common Stock | $890M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $63.5B |
| Treasury Stock | -$92M |
| Accum. Other Comp. Income | -$5.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59.3B |
| Minority Interest | $81M |
| TOTAL EQUITY | $59.4B |
| TOTAL LIABILITIES & EQUITY | $121.8B |
| Total Debt | $27.9B |
| Net Debt | $20.4B |
