| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.2B | $9.4B | $9.4B | -2.8% | -2.2% |
| Op. Income | $2.8B | $3.3B | $2.8B | -16.3% | 0.0% |
| Gross Margin | 57.7% | 59.0% | 56.3% | -1.4pp | 1.4pp |
| Net Margin | 6.5% | 15.7% | 22.0% | -9.1pp | -15.5pp |
| EPS (Diluted) | $0.48 | $1.16 | $1.59 | -59.1% | -70.2% |
| Free Cash Flow | $2.6B | $2.0B | $2.0B | 29.8% | 27.0% |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $5.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$2.0B |
| INCOME BEFORE TAX | $797M |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $598M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $598M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $598M |
| D&A | $1.1B |
| EBIT | $1.3B |
| EBITDA | $2.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $5.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $2.8B |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$2.0B |
| INCOME BEFORE TAX | $797M |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $598M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $598M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $598M |
| D&A | $1.1B |
| EBIT | $1.3B |
| EBITDA | $2.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $598M |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $113M |
| Deferred Income Tax | -$104M |
| Other Non-Cash Items | $593M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $11M |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$70M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$731M |
| Common Dividends Paid | -$521M |
| Other Financing Activities | $27M |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | $350M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $3.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.4B |
| PP&E (Net) | $51.3B |
| Goodwill | $2.1B |
| Intangible Assets | $447M |
| Long-Term Investments | $302M |
| Tax Assets | $132M |
| Other Non-Current Assets | $837M |
| TOTAL NON-CURRENT ASSETS | $55.2B |
| TOTAL ASSETS | $65.6B |
| Account Payables | $5.6B |
| Short-Term Debt | $729M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $5.8B |
| Other Non-Current Liabilities | $9.8B |
| TOTAL NON-CURRENT LIABILITIES | $25.2B |
| TOTAL LIABILITIES | $33.1B |
| Common Stock | $15.4B |
| Additional Paid-In Capital | $380M |
| Retained Earnings | $15.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $878M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $32.5B |
| TOTAL LIABILITIES & EQUITY | $65.6B |
| Total Debt | $10.7B |
| Net Debt | $8.2B |
