| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.2B | $6.3B | $6.1B | -1.7% | 0.7% |
| Op. Income | $1.1B | $1.2B | $1.1B | -8.2% | 1.9% |
| Gross Margin | 49.1% | 48.8% | 47.7% | 0.3pp | 1.5pp |
| Net Margin | 13.1% | 14.2% | 12.4% | -1.1pp | 0.6pp |
| EPS (Diluted) | $3.18 | $3.50 | $2.95 | -9.1% | 7.8% |
| Free Cash Flow | $839M | $952M | $1.2B | -11.8% | -27.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.9B |
| SG&A Expenses | $1.9B |
| Other Expenses | $3M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $1.1B |
| Interest Income | $3M |
| Interest Expense | $107M |
| Other Income/Expenses | -$108M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $217M |
| Net Income from Continuing Ops | $806M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $806M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $806M |
| D&A | $156M |
| EBIT | $1.1B |
| EBITDA | $1.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.9B |
| SG&A Expenses | $1.9B |
| Other Expenses | $3M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $1.1B |
| Interest Income | $3M |
| Interest Expense | $107M |
| Other Income/Expenses | -$108M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $217M |
| Net Income from Continuing Ops | $806M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $806M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $806M |
| D&A | $156M |
| EBIT | $1.1B |
| EBITDA | $1.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $806M |
| Depreciation & Amortization | $156M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $95M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$235M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$93M |
| NET CASH FROM INVESTING | -$329M |
| Net Debt Issuance | -$153M |
| Common Stock Repurchased | -$449M |
| Common Dividends Paid | -$183M |
| Other Financing Activities | $66M |
| NET CASH FROM FINANCING | -$719M |
| FREE CASH FLOW | $839M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $2.3B |
| Other Current Assets | $495M |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $5.2B |
| Goodwill | $7.7B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $18.0B |
| TOTAL ASSETS | $24.0B |
| Account Payables | $2.5B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $8.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $632M |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $12.6B |
| TOTAL LIABILITIES | $19.8B |
| Common Stock | $92M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $6.9B |
| Treasury Stock | -$6.7B |
| Accum. Other Comp. Income | -$676M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $24.0B |
| Total Debt | $12.1B |
| Net Debt | $11.9B |
