| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $6.0B | $5.9B | -0.8% | 0.9% |
| Op. Income | $1.1B | $1.1B | $715M | 0.4% | 58.9% |
| Gross Margin | 19.1% | 18.9% | 12.1% | 0.2pp | 7.0pp |
| Net Margin | 9.7% | 8.8% | 6.0% | 1.0pp | 3.8pp |
| EPS (Diluted) | $0.27 | $0.24 | $0.16 | 12.5% | 68.8% |
| Free Cash Flow | $526M | -$1.6B | -$611M | 133.1% | 186.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $156M |
| Interest Expense | $795M |
| Other Income/Expenses | -$663M |
| INCOME BEFORE TAX | $473M |
| Income Tax Expense | -$106M |
| Net Income from Continuing Ops | $579M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $579M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $576M |
| D&A | $1.2B |
| EBIT | $1.3B |
| EBITDA | $2.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $156M |
| Interest Expense | $795M |
| Other Income/Expenses | -$663M |
| INCOME BEFORE TAX | $473M |
| Income Tax Expense | -$106M |
| Net Income from Continuing Ops | $579M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $579M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $576M |
| D&A | $1.2B |
| EBIT | $1.3B |
| EBITDA | $2.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $579M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $199M |
| Other Non-Cash Items | $449M |
| Change in Working Capital | $706M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$2.6B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$877M |
| Sales/Maturities of Investments | $483M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$3.0B |
| Net Debt Issuance | -$307M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$131M |
| NET CASH FROM FINANCING | -$459M |
| FREE CASH FLOW | $526M |
| Net Change in Cash | -$322M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $895M |
| Short-Term Investments | $0 |
| Net Receivables | $12.7B |
| Inventory | $812M |
| Other Current Assets | $3.2B |
| TOTAL CURRENT ASSETS | $17.5B |
| PP&E (Net) | $86.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $23.9B |
| TOTAL NON-CURRENT ASSETS | $114.8B |
| TOTAL ASSETS | $132.3B |
| Account Payables | $2.4B |
| Short-Term Debt | $4.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $16.9B |
| Long-Term Debt | $54.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $30.5B |
| TOTAL NON-CURRENT LIABILITIES | $88.3B |
| TOTAL LIABILITIES | $105.2B |
| Common Stock | $30.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.8B |
| Minority Interest | $252M |
| TOTAL EQUITY | $27.1B |
| TOTAL LIABILITIES & EQUITY | $132.3B |
| Total Debt | $60.0B |
| Net Debt | $59.1B |
