| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.9B | — | -8.1% | — |
| Op. Income | $778M | $846M | — | -8.0% | — |
| Gross Margin | 45.2% | 43.7% | — | 1.5pp | — |
| Net Margin | 5.2% | 6.1% | — | -0.9pp | — |
| EPS (Diluted) | $0.35 | $0.45 | — | -22.6% | — |
| Free Cash Flow | $80M | $304M | — | -73.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $840M |
| Operating Expenses | $840M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $778M |
| Interest Income | $0 |
| Interest Expense | $418M |
| Other Income/Expenses | -$533M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $851M |
| EBIT | $633M |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $840M |
| Operating Expenses | $840M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $778M |
| Interest Income | $0 |
| Interest Expense | $418M |
| Other Income/Expenses | -$533M |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $851M |
| EBIT | $633M |
| EBITDA | $1.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $187M |
| Depreciation & Amortization | $851M |
| Stock-Based Compensation | -$20M |
| Deferred Income Tax | $58M |
| Other Non-Cash Items | -$236M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $862M |
| Capital Expenditure | -$783M |
| Acquisitions (Net) | -$69M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $73M |
| NET CASH FROM INVESTING | -$779M |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$139M |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $558M |
| Short-Term Investments | $72M |
| Net Receivables | $3.6B |
| Inventory | $370M |
| Other Current Assets | $919M |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $17.9B |
| Goodwill | $11.9B |
| Intangible Assets | $13.0B |
| Long-Term Investments | $1.0B |
| Tax Assets | $1.4B |
| Other Non-Current Assets | -$26M |
| TOTAL NON-CURRENT ASSETS | $45.2B |
| TOTAL ASSETS | $50.7B |
| Account Payables | $2.8B |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $618M |
| Other Current Liabilities | $257M |
| TOTAL CURRENT LIABILITIES | $7.3B |
| Long-Term Debt | $28.5B |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $4.6B |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $35.7B |
| TOTAL LIABILITIES | $43.0B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$939M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.8B |
| TOTAL LIABILITIES & EQUITY | $50.7B |
| Total Debt | $33.7B |
| Net Debt | $33.1B |
