| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.5B | $12.1B | $10.1B | 3.8% | 23.9% |
| Op. Income | $1.4B | $1.3B | $1.1B | 5.6% | 31.0% |
| Gross Margin | 29.5% | 29.4% | 30.2% | 0.1pp | -0.7pp |
| Net Margin | 8.2% | 6.5% | 8.6% | 1.7pp | -0.4pp |
| EPS (Diluted) | $0.84 | $0.64 | $0.71 | 31.2% | 18.3% |
| Free Cash Flow | $729M | $1.2B | $4.0B | -37.1% | -81.6% |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $1.4B |
| Interest Income | $2M |
| Interest Expense | $22M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $356M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $217M |
| EBIT | $1.4B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.5B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | $1.4B |
| Interest Income | $2M |
| Interest Expense | $22M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $356M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $217M |
| EBIT | $1.4B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $217M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$311M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$271M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$273M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$796M |
| Common Dividends Paid | -$313M |
| Other Financing Activities | $84M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $729M |
| Net Change in Cash | -$314M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.8B |
| Short-Term Investments | $0 |
| Net Receivables | $702M |
| Inventory | $6.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.6B |
| PP&E (Net) | $14.3B |
| Goodwill | $99M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $194M |
| Other Non-Current Assets | $894M |
| TOTAL NON-CURRENT ASSETS | $15.5B |
| TOTAL ASSETS | $30.1B |
| Account Payables | $5.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.3B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $12.3B |
| TOTAL LIABILITIES | $23.6B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$581M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $30.1B |
| Total Debt | $12.8B |
| Net Debt | $6.0B |
