| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.5B | $26.0B | $25.7B | 1.8% | 3.4% |
| Op. Income | $1.0B | $321M | $2.0B | 218.4% | -49.2% |
| Gross Margin | 25.8% | 22.6% | 29.0% | 3.1pp | -3.2pp |
| Net Margin | 2.7% | 0.7% | 5.8% | 2.0pp | -3.1pp |
| EPS (Diluted) | $1.54 | $0.39 | $3.04 | 294.9% | -49.3% |
| Free Cash Flow | -$1.2B | -$224M | $1.0B | -436.2% | -216.6% |
| Item | Amount |
|---|---|
| REVENUE | $26.5B |
| Cost of Revenue | $19.7B |
| GROSS PROFIT | $6.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $597M |
| Operating Expenses | $5.8B |
| Cost & Expenses | $25.5B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $125M |
| Other Income/Expenses | -$113M |
| INCOME BEFORE TAX | $909M |
| Income Tax Expense | $197M |
| Net Income from Continuing Ops | $712M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $712M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $712M |
| D&A | $675M |
| EBIT | $1.0B |
| EBITDA | $1.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $26.5B |
| Cost of Revenue | $19.7B |
| GROSS PROFIT | $6.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $597M |
| Operating Expenses | $5.8B |
| Cost & Expenses | $25.5B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $125M |
| Other Income/Expenses | -$113M |
| INCOME BEFORE TAX | $909M |
| Income Tax Expense | $197M |
| Net Income from Continuing Ops | $712M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $712M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $712M |
| D&A | $675M |
| EBIT | $1.0B |
| EBITDA | $1.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $712M |
| Depreciation & Amortization | $675M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | $321M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $599M |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$497M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | -$163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $954M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $17.1B |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $20.4B |
| PP&E (Net) | $33.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $35.2B |
| TOTAL ASSETS | $55.6B |
| Account Payables | $15.4B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23.8B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $20.8B |
| TOTAL LIABILITIES | $44.6B |
| Common Stock | $38M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $4.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$208M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.0B |
| TOTAL LIABILITIES & EQUITY | $55.6B |
| Total Debt | $19.0B |
| Net Debt | $18.1B |
