| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.2B | $5.4B | $5.8B | 15.6% | 7.1% |
| Op. Income | $900M | $782M | $535M | 15.1% | 68.2% |
| Gross Margin | 14.5% | 14.6% | 9.2% | -0.1pp | 5.3pp |
| Net Margin | 9.2% | 9.6% | 8.2% | -0.4pp | 1.0pp |
| EPS (Diluted) | $0.27 | $0.24 | $0.22 | 12.5% | 22.7% |
| Free Cash Flow | -$1.1B | -$1.2B | -$649M | 5.2% | -70.0% |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $900M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $900M |
| Interest Income | $112M |
| Interest Expense | $602M |
| Other Income/Expenses | -$676M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | -$348M |
| Net Income from Continuing Ops | $572M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $572M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $569M |
| D&A | $1.2B |
| EBIT | $826M |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $900M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $900M |
| Interest Income | $112M |
| Interest Expense | $602M |
| Other Income/Expenses | -$676M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | -$348M |
| Net Income from Continuing Ops | $572M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $572M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $569M |
| D&A | $1.2B |
| EBIT | $826M |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $572M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$163M |
| Other Non-Cash Items | $92M |
| Change in Working Capital | -$510M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$2.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$303M |
| Sales/Maturities of Investments | $446M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$65M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$1.1B |
| Net Change in Cash | $468M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $8.5B |
| Inventory | $835M |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $12.3B |
| PP&E (Net) | $78.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $25.1B |
| TOTAL NON-CURRENT ASSETS | $107.3B |
| TOTAL ASSETS | $119.6B |
| Account Payables | $2.3B |
| Short-Term Debt | $5.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $14.8B |
| Long-Term Debt | $48.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $28.7B |
| TOTAL NON-CURRENT LIABILITIES | $81.2B |
| TOTAL LIABILITIES | $96.0B |
| Common Stock | $32.2B |
| Additional Paid-In Capital | $29.6B |
| Retained Earnings | -$7.0B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$29.8B |
| TOTAL STOCKHOLDERS' EQUITY | $23.3B |
| Minority Interest | $252M |
| TOTAL EQUITY | $23.6B |
| TOTAL LIABILITIES & EQUITY | $119.6B |
| Total Debt | $55.2B |
| Net Debt | $54.1B |
