| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.4B | $9.4B | $9.2B | -0.0% | 1.9% |
| Op. Income | $3.3B | $3.0B | $3.2B | 10.2% | 3.1% |
| Gross Margin | 59.0% | 56.6% | 59.6% | 2.5pp | -0.6pp |
| Net Margin | 15.7% | 12.2% | 12.2% | 3.5pp | 3.5pp |
| EPS (Diluted) | $1.16 | $0.89 | $0.87 | 30.3% | 33.6% |
| Free Cash Flow | $2.0B | $1.3B | $1.9B | 51.9% | 3.8% |
| Item | Amount |
|---|---|
| REVENUE | $9.4B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $3.3B |
| Interest Income | $81M |
| Interest Expense | $106M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $493M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $1.4B |
| EBIT | $1.9B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.4B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $3.3B |
| Interest Income | $81M |
| Interest Expense | $106M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $493M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $1.4B |
| EBIT | $1.9B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | -$213M |
| Change in Working Capital | $346M |
| OPERATING CASH FLOW | $3.1B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$351M |
| Common Stock Repurchased | -$577M |
| Common Dividends Paid | -$504M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $461M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $4.9B |
| Inventory | $3.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.9B |
| PP&E (Net) | $51.4B |
| Goodwill | $0 |
| Intangible Assets | $2.5B |
| Long-Term Investments | $0 |
| Tax Assets | $145M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $55.3B |
| TOTAL ASSETS | $66.3B |
| Account Payables | $5.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $661M |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.9B |
| Other Non-Current Liabilities | $9.9B |
| TOTAL NON-CURRENT LIABILITIES | $26.4B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $15.6B |
| Additional Paid-In Capital | $385M |
| Retained Earnings | $16.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $724M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $32.9B |
| TOTAL LIABILITIES & EQUITY | $66.3B |
| Total Debt | $11.0B |
| Net Debt | $8.8B |
