| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.6B | $6.0B | $6.1B | 10.7% | 8.9% |
| Op. Income | $1.1B | $555M | $943M | 90.3% | 12.0% |
| Gross Margin | 69.7% | 67.6% | 69.9% | 2.1pp | -0.2pp |
| Net Margin | 8.4% | 3.3% | 10.8% | 5.2pp | -2.4pp |
| EPS (Diluted) | $0.18 | $0.06 | $0.21 | 196.0% | -15.5% |
| Free Cash Flow | -$1.1B | -$942M | -$89M | -17.6% | -1151.1% |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $990M |
| Operating Expenses | $3.6B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $1.1B |
| Interest Income | $166M |
| Interest Expense | $373M |
| Other Income/Expenses | -$207M |
| INCOME BEFORE TAX | $849M |
| Income Tax Expense | $286M |
| Net Income from Continuing Ops | $563M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$3M |
| NET INCOME | $560M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $560M |
| D&A | $1.1B |
| EBIT | $1.2B |
| EBITDA | $2.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $990M |
| Operating Expenses | $3.6B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $1.1B |
| Interest Income | $166M |
| Interest Expense | $373M |
| Other Income/Expenses | -$207M |
| INCOME BEFORE TAX | $849M |
| Income Tax Expense | $286M |
| Net Income from Continuing Ops | $563M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$3M |
| NET INCOME | $560M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $560M |
| D&A | $1.1B |
| EBIT | $1.2B |
| EBITDA | $2.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $560M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $97M |
| Deferred Income Tax | $286M |
| Other Non-Cash Items | -$493M |
| Change in Working Capital | -$946M |
| OPERATING CASH FLOW | $579M |
| Capital Expenditure | -$1.7B |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $623M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$819M |
| Other Financing Activities | -$151M |
| NET CASH FROM FINANCING | -$362M |
| FREE CASH FLOW | -$1.1B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $327M |
| Net Receivables | $5.2B |
| Inventory | $6.8B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $15.5B |
| PP&E (Net) | $11.2B |
| Goodwill | $32.5B |
| Intangible Assets | $28.3B |
| Long-Term Investments | $2.5B |
| Tax Assets | $2.4B |
| Other Non-Current Assets | $377M |
| TOTAL NON-CURRENT ASSETS | $77.2B |
| TOTAL ASSETS | $92.7B |
| Account Payables | $2.8B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.8B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $27.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $4.8B |
| TOTAL NON-CURRENT LIABILITIES | $33.6B |
| TOTAL LIABILITIES | $49.3B |
| Common Stock | $10.5B |
| Additional Paid-In Capital | $10.9B |
| Retained Earnings | $9.3B |
| Treasury Stock | -$628M |
| Accum. Other Comp. Income | $13.2B |
| Other Equity | $6.3K |
| TOTAL STOCKHOLDERS' EQUITY | $43.4B |
| Minority Interest | $4M |
| TOTAL EQUITY | $43.4B |
| TOTAL LIABILITIES & EQUITY | $92.7B |
| Total Debt | $29.7B |
| Net Debt | $27.8B |
