| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.5B | $3.1B | 6.1% | -17.0% |
| Op. Income | $692M | $551M | $964M | 25.6% | -28.2% |
| Gross Margin | 38.0% | 33.9% | 40.6% | 4.1pp | -2.6pp |
| Net Margin | 21.0% | 5.7% | 25.1% | 15.3pp | -4.1pp |
| EPS (Diluted) | $1.09 | $0.28 | $1.58 | 289.3% | -31.0% |
| Free Cash Flow | -$255M | -$229M | $2M | -11.4% | -12850.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $991M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $299M |
| Operating Expenses | $299M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $692M |
| Interest Income | $33M |
| Interest Expense | $138M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $687M |
| Income Tax Expense | $141M |
| Net Income from Continuing Ops | $546M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $546M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $546M |
| D&A | $337M |
| EBIT | $825M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $991M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $299M |
| Operating Expenses | $299M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $692M |
| Interest Income | $33M |
| Interest Expense | $138M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $687M |
| Income Tax Expense | $141M |
| Net Income from Continuing Ops | $546M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $546M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $546M |
| D&A | $337M |
| EBIT | $825M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $546M |
| Depreciation & Amortization | $337M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $62M |
| Other Non-Cash Items | -$560M |
| Change in Working Capital | $325M |
| OPERATING CASH FLOW | $710M |
| Capital Expenditure | -$965M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | -$928M |
| Net Debt Issuance | $505M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$284M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $217M |
| FREE CASH FLOW | -$255M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $1.0B |
| Other Current Assets | $416M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $38.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.2B |
| TOTAL NON-CURRENT ASSETS | $47.4B |
| TOTAL ASSETS | $50.7B |
| Account Payables | $1.2B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $17.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.7B |
| Other Non-Current Liabilities | $5.6B |
| TOTAL NON-CURRENT LIABILITIES | $30.2B |
| TOTAL LIABILITIES | $35.3B |
| Common Stock | $5.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $12.0B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$179M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.5B |
| TOTAL LIABILITIES & EQUITY | $50.7B |
| Total Debt | $20.4B |
| Net Debt | $20.4B |
