| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.5B | $20.2B | $20.6B | 1.7% | -0.1% |
| Op. Income | $3.9B | $4.5B | $4.2B | -12.9% | -6.7% |
| Gross Margin | 49.6% | 51.2% | 48.4% | -1.6pp | 1.2pp |
| Net Margin | 15.3% | 18.6% | 16.5% | -3.3pp | -1.2pp |
| EPS (Diluted) | $1.27 | $1.52 | $1.45 | -16.4% | -12.4% |
| Free Cash Flow | $5.0B | $4.5B | $4.6B | 9.6% | 7.9% |
| Item | Amount |
|---|---|
| REVENUE | $20.5B |
| Cost of Revenue | $10.3B |
| GROSS PROFIT | $10.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.3B |
| Other Expenses | $0 |
| Operating Expenses | $6.3B |
| Cost & Expenses | $16.6B |
| OPERATING INCOME | $3.9B |
| Interest Income | $107M |
| Interest Expense | $220M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $726M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | -$75M |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $761M |
| EBIT | $4.1B |
| EBITDA | $4.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20.5B |
| Cost of Revenue | $10.3B |
| GROSS PROFIT | $10.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.3B |
| Other Expenses | $0 |
| Operating Expenses | $6.3B |
| Cost & Expenses | $16.6B |
| OPERATING INCOME | $3.9B |
| Interest Income | $107M |
| Interest Expense | $220M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $726M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | -$75M |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $761M |
| EBIT | $4.1B |
| EBITDA | $4.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $761M |
| Stock-Based Compensation | $129M |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | $322M |
| Change in Working Capital | $1.4B |
| OPERATING CASH FLOW | $5.8B |
| Capital Expenditure | -$783M |
| Acquisitions (Net) | $269M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$518M |
| Net Debt Issuance | $526M |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$2.4B |
| Other Financing Activities | $940M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $5.0B |
| Net Change in Cash | $2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.5B |
| Short-Term Investments | $0 |
| Net Receivables | $6.1B |
| Inventory | $7.0B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $24.7B |
| PP&E (Net) | $22.2B |
| Goodwill | $40.3B |
| Intangible Assets | $22.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.2B |
| TOTAL NON-CURRENT ASSETS | $97.7B |
| TOTAL ASSETS | $122.4B |
| Account Payables | $15.4B |
| Short-Term Debt | $7.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $33.6B |
| Long-Term Debt | $25.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.5B |
| Other Non-Current Liabilities | $5.7B |
| TOTAL NON-CURRENT LIABILITIES | $38.2B |
| TOTAL LIABILITIES | $71.8B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $67.7B |
| Retained Earnings | $123.8B |
| Treasury Stock | -$133.4B |
| Accum. Other Comp. Income | -$11.9B |
| Other Equity | -$737M |
| TOTAL STOCKHOLDERS' EQUITY | $50.3B |
| Minority Interest | $272M |
| TOTAL EQUITY | $50.6B |
| TOTAL LIABILITIES & EQUITY | $122.4B |
| Total Debt | $33.4B |
| Net Debt | $23.9B |
