| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.4B | $5.4B | $5.2B | -0.4% | 2.4% |
| Op. Income | $782M | $735M | $638M | 6.4% | 22.6% |
| Gross Margin | 14.6% | 13.6% | 12.2% | 0.9pp | 2.4pp |
| Net Margin | 9.6% | 8.5% | 9.1% | 1.1pp | 0.6pp |
| EPS (Diluted) | $0.24 | $0.21 | $0.24 | 14.3% | 0.0% |
| Free Cash Flow | -$1.2B | -$1.8B | -$2.0B | 35.3% | 42.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $782M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $782M |
| Interest Income | $92M |
| Interest Expense | $562M |
| Other Income/Expenses | -$974M |
| INCOME BEFORE TAX | -$192M |
| Income Tax Expense | -$709M |
| Net Income from Continuing Ops | $517M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $517M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $513M |
| D&A | $1.1B |
| EBIT | $370M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $517M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$505M |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$2.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | $540M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $734M |
| Short-Term Investments | $0 |
| Net Receivables | $8.8B |
| Inventory | $842M |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $12.8B |
| PP&E (Net) | $77.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $25.0B |
| TOTAL NON-CURRENT ASSETS | $105.8B |
| TOTAL ASSETS | $118.6B |
| Account Payables | $2.9B |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $15.8B |
| Long-Term Debt | $47.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $28.1B |
| TOTAL NON-CURRENT LIABILITIES | $79.8B |
| TOTAL LIABILITIES | $95.6B |
| Common Stock | $32.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$7.5B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.8B |
| Minority Interest | $252M |
| TOTAL EQUITY | $23.1B |
| TOTAL LIABILITIES & EQUITY | $118.6B |
| Total Debt | $53.5B |
| Net Debt | $52.8B |
