| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.6B | $19.5B | $20.3B | 5.6% | 1.3% |
| Op. Income | $4.9B | $3.6B | $5.0B | 37.3% | -1.7% |
| Gross Margin | 47.4% | 44.6% | 49.0% | 2.7pp | -1.7pp |
| Net Margin | 19.1% | 15.6% | 20.2% | 3.5pp | -1.1pp |
| EPS (Diluted) | $1.57 | $1.21 | $1.61 | 29.8% | -2.5% |
| Free Cash Flow | $3.2B | $3.0B | $3.6B | 5.3% | -10.5% |
| Item | Amount |
|---|---|
| REVENUE | $20.6B |
| Cost of Revenue | $10.8B |
| GROSS PROFIT | $9.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.8B |
| Cost & Expenses | $15.7B |
| OPERATING INCOME | $4.9B |
| Interest Income | $42M |
| Interest Expense | $123M |
| Other Income/Expenses | $58M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $1.0B |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $663M |
| EBIT | $5.1B |
| EBITDA | $5.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $20.6B |
| Cost of Revenue | $10.8B |
| GROSS PROFIT | $9.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.8B |
| Cost & Expenses | $15.7B |
| OPERATING INCOME | $4.9B |
| Interest Income | $42M |
| Interest Expense | $123M |
| Other Income/Expenses | $58M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | $1.0B |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $663M |
| EBIT | $5.1B |
| EBITDA | $5.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.0B |
| Depreciation & Amortization | $663M |
| Stock-Based Compensation | $105M |
| Deferred Income Tax | -$130M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$592M |
| OPERATING CASH FLOW | $4.1B |
| Capital Expenditure | -$890M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$832M |
| Net Debt Issuance | $2.6B |
| Common Stock Repurchased | -$4.0B |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | $188M |
| NET CASH FROM FINANCING | -$3.5B |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | -$504M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.7B |
| Short-Term Investments | $0 |
| Net Receivables | $5.7B |
| Inventory | $7.6B |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $22.5B |
| PP&E (Net) | $20.6B |
| Goodwill | $38.8B |
| Intangible Assets | $23.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.9B |
| TOTAL NON-CURRENT ASSETS | $93.8B |
| TOTAL ASSETS | $116.3B |
| Account Payables | $14.8B |
| Short-Term Debt | $11.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $36.6B |
| Long-Term Debt | $21.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.0B |
| Other Non-Current Liabilities | $7.1B |
| TOTAL NON-CURRENT LIABILITIES | $35.3B |
| TOTAL LIABILITIES | $71.9B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $66.0B |
| Retained Earnings | $114.2B |
| Treasury Stock | -$127.2B |
| Accum. Other Comp. Income | -$12.8B |
| Other Equity | -$870M |
| TOTAL STOCKHOLDERS' EQUITY | $44.1B |
| Minority Interest | $259M |
| TOTAL EQUITY | $44.3B |
| TOTAL LIABILITIES & EQUITY | $116.3B |
| Total Debt | $33.0B |
| Net Debt | $26.3B |
