| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27.2B | — | $27.0B | — | 0.4% |
| Op. Income | $6.9B | — | $8.1B | — | -14.3% |
| Gross Margin | 25.4% | — | 29.8% | — | -4.4pp |
| Net Margin | 18.0% | — | 13.6% | — | 4.4pp |
| EPS (Diluted) | $3.00 | — | $2.26 | — | 32.7% |
| Free Cash Flow | $4.4B | — | $2.9B | — | 52.5% |
| Item | Amount |
|---|---|
| REVENUE | $27.2B |
| Cost of Revenue | $20.3B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $245M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $829M |
| Other Expenses | $0 |
| Operating Expenses | $626M |
| Cost & Expenses | $20.3B |
| OPERATING INCOME | $6.9B |
| Interest Income | $289M |
| Interest Expense | $585M |
| Other Income/Expenses | -$346M |
| INCOME BEFORE TAX | $6.6B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $243M |
| NET INCOME | $4.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.9B |
| D&A | $3.2B |
| EBIT | $7.0B |
| EBITDA | $10.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $27.2B |
| Cost of Revenue | $20.3B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $245M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $829M |
| Other Expenses | $0 |
| Operating Expenses | $626M |
| Cost & Expenses | $20.3B |
| OPERATING INCOME | $6.9B |
| Interest Income | $289M |
| Interest Expense | $585M |
| Other Income/Expenses | -$346M |
| INCOME BEFORE TAX | $6.6B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $243M |
| NET INCOME | $4.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.9B |
| D&A | $3.2B |
| EBIT | $7.0B |
| EBITDA | $10.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $4.9B |
| Depreciation & Amortization | $3.2B |
| Stock-Based Compensation | $144M |
| Deferred Income Tax | -$1.2B |
| Other Non-Cash Items | $8.0B |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $8.5B |
| Capital Expenditure | -$4.0B |
| Acquisitions (Net) | -$771M |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $348M |
| Other Investing Activities | -$101M |
| NET CASH FROM INVESTING | -$4.6B |
| Net Debt Issuance | -$75M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.7B |
| Other Financing Activities | -$569M |
| NET CASH FROM FINANCING | -$3.4B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | $494M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.7B |
| Short-Term Investments | $1.1B |
| Net Receivables | $3.5B |
| Inventory | $6.7B |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $21.5B |
| PP&E (Net) | $68.4B |
| Goodwill | $797M |
| Intangible Assets | $2.4B |
| Long-Term Investments | $3.7B |
| Tax Assets | $3.6B |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $82.0B |
| TOTAL ASSETS | $103.5B |
| Account Payables | $3.3B |
| Short-Term Debt | $824M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $12.7B |
| Long-Term Debt | $12.2B |
| Deferred Revenue NC | $103M |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $18.6B |
| TOTAL NON-CURRENT LIABILITIES | $34.5B |
| TOTAL LIABILITIES | $47.2B |
| Common Stock | $3.6B |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $38.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54.6B |
| Minority Interest | $1.8B |
| TOTAL EQUITY | $56.3B |
| TOTAL LIABILITIES & EQUITY | $103.5B |
| Total Debt | $14.4B |
| Net Debt | $5.7B |
