| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.5B | $19.4B | $18.9B | 0.7% | 3.0% |
| Op. Income | $3.6B | $4.0B | $3.5B | -10.6% | 1.6% |
| Gross Margin | 44.6% | 46.7% | 48.3% | -2.1pp | -3.7pp |
| Net Margin | 15.6% | 17.3% | 15.3% | -1.7pp | 0.3pp |
| EPS (Diluted) | $1.21 | $1.33 | $1.13 | -9.0% | 7.1% |
| Free Cash Flow | $3.0B | $2.5B | $3.4B | 20.9% | -11.3% |
| Item | Amount |
|---|---|
| REVENUE | $19.5B |
| Cost of Revenue | $10.8B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.1B |
| Other Expenses | $0 |
| Operating Expenses | $5.1B |
| Cost & Expenses | $15.9B |
| OPERATING INCOME | $3.6B |
| Interest Income | $21M |
| Interest Expense | $115M |
| Other Income/Expenses | $52M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $592M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $722M |
| EBIT | $3.8B |
| EBITDA | $4.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19.5B |
| Cost of Revenue | $10.8B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.1B |
| Other Expenses | $0 |
| Operating Expenses | $5.1B |
| Cost & Expenses | $15.9B |
| OPERATING INCOME | $3.6B |
| Interest Income | $21M |
| Interest Expense | $115M |
| Other Income/Expenses | $52M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $592M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $722M |
| EBIT | $3.8B |
| EBITDA | $4.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $722M |
| Stock-Based Compensation | $130M |
| Deferred Income Tax | -$143M |
| Other Non-Cash Items | $141M |
| Change in Working Capital | -$195M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$692M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$1M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$682M |
| Net Debt Issuance | -$851M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | $205M |
| NET CASH FROM FINANCING | -$4.2B |
| FREE CASH FLOW | $3.0B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $0 |
| Net Receivables | $5.1B |
| Inventory | $6.9B |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $21.7B |
| PP&E (Net) | $21.2B |
| Goodwill | $39.7B |
| Intangible Assets | $23.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.0B |
| TOTAL NON-CURRENT ASSETS | $95.6B |
| TOTAL ASSETS | $117.2B |
| Account Payables | $14.9B |
| Short-Term Debt | $8.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $33.1B |
| Long-Term Debt | $22.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.8B |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $37.3B |
| TOTAL LIABILITIES | $70.4B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $65.8B |
| Retained Earnings | $112.4B |
| Treasury Stock | -$123.4B |
| Accum. Other Comp. Income | -$12.2B |
| Other Equity | -$916M |
| TOTAL STOCKHOLDERS' EQUITY | $46.6B |
| Minority Interest | $265M |
| TOTAL EQUITY | $46.9B |
| TOTAL LIABILITIES & EQUITY | $117.2B |
| Total Debt | $32.3B |
| Net Debt | $25.1B |
