| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32.0B | $30.4B | — | 5.5% | — |
| Op. Income | $5.9B | $6.5B | — | -8.9% | — |
| Gross Margin | 41.7% | 44.8% | — | -3.1pp | — |
| Net Margin | 6.8% | 11.5% | — | -4.7pp | — |
| EPS (Diluted) | $0.30 | $0.48 | — | -37.5% | — |
| Free Cash Flow | $6.8B | $5.7B | — | 19.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $32.0B |
| Cost of Revenue | $18.7B |
| GROSS PROFIT | $13.3B |
| R&D Expenses | $954M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7.5B |
| Other Expenses | -$954M |
| Operating Expenses | $7.5B |
| Cost & Expenses | $26.1B |
| OPERATING INCOME | $5.9B |
| Interest Income | $0 |
| Interest Expense | $1.7B |
| Other Income/Expenses | -$3.0B |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $354M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $4.8B |
| EBIT | $4.7B |
| EBITDA | $9.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32.0B |
| Cost of Revenue | $18.7B |
| GROSS PROFIT | $13.3B |
| R&D Expenses | $954M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7.5B |
| Other Expenses | -$954M |
| Operating Expenses | $7.5B |
| Cost & Expenses | $26.1B |
| OPERATING INCOME | $5.9B |
| Interest Income | $0 |
| Interest Expense | $1.7B |
| Other Income/Expenses | -$3.0B |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $354M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $4.8B |
| EBIT | $4.7B |
| EBITDA | $9.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $4.8B |
| Stock-Based Compensation | $4.3B |
| Deferred Income Tax | -$126M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | $11.4B |
| Capital Expenditure | -$4.6B |
| Acquisitions (Net) | $857M |
| Purchases of Investments | -$902M |
| Sales/Maturities of Investments | $902M |
| Other Investing Activities | -$2.1B |
| NET CASH FROM INVESTING | -$5.9B |
| Net Debt Issuance | -$3.2B |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$2.0B |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$6.3B |
| FREE CASH FLOW | $6.8B |
| Net Change in Cash | -$826M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.7B |
| Short-Term Investments | $0 |
| Net Receivables | $10.3B |
| Inventory | $2.2B |
| Other Current Assets | $17.3B |
| TOTAL CURRENT ASSETS | $36.5B |
| PP&E (Net) | $149.4B |
| Goodwill | $67.9B |
| Intangible Assets | $132.5B |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $19.6B |
| TOTAL NON-CURRENT ASSETS | $370.6B |
| TOTAL ASSETS | $407.1B |
| Account Payables | $27.3B |
| Short-Term Debt | $9.5B |
| Deferred Revenue | $3.8B |
| Other Current Liabilities | $631M |
| TOTAL CURRENT LIABILITIES | $51.1B |
| Long-Term Debt | $127.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $58.7B |
| Other Non-Current Liabilities | $32.4B |
| TOTAL NON-CURRENT LIABILITIES | $236.5B |
| TOTAL LIABILITIES | $287.6B |
| Common Stock | $7.6B |
| Additional Paid-In Capital | $114.5B |
| Retained Earnings | -$5.0B |
| Treasury Stock | -$16.1B |
| Accum. Other Comp. Income | $2.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $103.3B |
| Minority Interest | $16.1B |
| TOTAL EQUITY | $119.4B |
| TOTAL LIABILITIES & EQUITY | $407.1B |
| Total Debt | $154.9B |
| Net Debt | $148.2B |
