| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.4B | $21.0B | $18.1B | -7.5% | 7.0% |
| Op. Income | $4.0B | $5.2B | $3.8B | -22.1% | 6.3% |
| Gross Margin | 46.7% | 49.1% | 50.7% | -2.4pp | -4.0pp |
| Net Margin | 17.3% | 20.2% | 18.1% | -2.8pp | -0.7pp |
| EPS (Diluted) | $1.33 | $1.66 | $1.26 | -19.9% | 5.6% |
| Free Cash Flow | $2.5B | $4.5B | $3.4B | -44.4% | -27.2% |
| Item | Amount |
|---|---|
| REVENUE | $19.4B |
| Cost of Revenue | $10.3B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.0B |
| Other Expenses | $0 |
| Operating Expenses | $5.0B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $4.0B |
| Interest Income | $9M |
| Interest Expense | $109M |
| Other Income/Expenses | $47M |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $704M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $690M |
| EBIT | $4.2B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19.4B |
| Cost of Revenue | $10.3B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.0B |
| Other Expenses | $0 |
| Operating Expenses | $5.0B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $4.0B |
| Interest Income | $9M |
| Interest Expense | $109M |
| Other Income/Expenses | $47M |
| INCOME BEFORE TAX | $4.1B |
| Income Tax Expense | $704M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $690M |
| EBIT | $4.2B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $690M |
| Stock-Based Compensation | $130M |
| Deferred Income Tax | -$158M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$815M |
| OPERATING CASH FLOW | $3.2B |
| Capital Expenditure | -$747M |
| Acquisitions (Net) | -$1.0B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | $585M |
| NET CASH FROM FINANCING | -$4.4B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$3.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.5B |
| Short-Term Investments | $0 |
| Net Receivables | $5.5B |
| Inventory | $7.1B |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $23.4B |
| PP&E (Net) | $21.3B |
| Goodwill | $40.7B |
| Intangible Assets | $23.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.9B |
| TOTAL NON-CURRENT ASSETS | $96.8B |
| TOTAL ASSETS | $120.2B |
| Account Payables | $14.2B |
| Short-Term Debt | $9.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34.4B |
| Long-Term Debt | $23.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.5B |
| Other Non-Current Liabilities | $9.8B |
| TOTAL NON-CURRENT LIABILITIES | $40.1B |
| TOTAL LIABILITIES | $74.5B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $65.6B |
| Retained Earnings | $111.6B |
| Treasury Stock | -$122.3B |
| Accum. Other Comp. Income | -$13.4B |
| Other Equity | -$916M |
| TOTAL STOCKHOLDERS' EQUITY | $45.5B |
| Minority Interest | $268M |
| TOTAL EQUITY | $45.7B |
| TOTAL LIABILITIES & EQUITY | $120.2B |
| Total Debt | $33.7B |
| Net Debt | $25.1B |
