| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.3B | $12.8B | $12.2B | 4.0% | 9.0% |
| Op. Income | $1.5B | $1.3B | $1.4B | 20.1% | 14.0% |
| Gross Margin | 31.1% | 30.2% | 29.1% | 0.9pp | 2.0pp |
| Net Margin | 9.0% | 7.8% | 8.7% | 1.2pp | 0.2pp |
| EPS (Diluted) | $1.03 | $0.85 | $0.91 | 21.2% | 13.2% |
| Free Cash Flow | $711M | $882M | $646M | -19.4% | 10.1% |
| Item | Amount |
|---|---|
| REVENUE | $13.3B |
| Cost of Revenue | $9.1B |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.6B |
| Cost & Expenses | $11.7B |
| OPERATING INCOME | $1.5B |
| Interest Income | $60M |
| Interest Expense | $19M |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $398M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $245M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.3B |
| Cost of Revenue | $9.1B |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.6B |
| Cost & Expenses | $11.7B |
| OPERATING INCOME | $1.5B |
| Interest Income | $60M |
| Interest Expense | $19M |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $398M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $245M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $245M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$303M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$460M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$462M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$646M |
| Common Dividends Paid | -$380M |
| Other Financing Activities | $122M |
| NET CASH FROM FINANCING | -$904M |
| FREE CASH FLOW | $711M |
| Net Change in Cash | -$260M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.3B |
| Short-Term Investments | $0 |
| Net Receivables | $696M |
| Inventory | $8.3B |
| Other Current Assets | $535M |
| TOTAL CURRENT ASSETS | $13.8B |
| PP&E (Net) | $15.6B |
| Goodwill | $94M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $152M |
| Other Non-Current Assets | $748M |
| TOTAL NON-CURRENT ASSETS | $16.5B |
| TOTAL ASSETS | $30.4B |
| Account Payables | $5.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $133M |
| Other Non-Current Liabilities | $908M |
| TOTAL NON-CURRENT LIABILITIES | $11.9B |
| TOTAL LIABILITIES | $23.5B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$653M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $30.4B |
| Total Debt | $12.5B |
| Net Debt | $8.2B |
