Reported December 31, 2022
| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.1B | — | 4.2% | — |
| Op. Income | $471M | $499M | — | -5.7% | — |
| Gross Margin | 67.2% | 71.4% | — | -4.2pp | — |
| Net Margin | 10.8% | 8.9% | — | 1.9pp | — |
| EPS (Diluted) | $0.24 | $0.31 | — | -20.7% | — |
| Free Cash Flow | $620M | $523M | — | 18.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $728M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $66M |
| General & Administrative | $312M |
| SG&A Expenses | $379M |
| Other Expenses | $452M |
| Operating Expenses | $831M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $471M |
| Interest Income | $15M |
| Interest Expense | $62M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $418M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $283M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $240M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $240M |
| D&A | $469M |
| EBIT | $480M |
| EBITDA | $949M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $728M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $66M |
| General & Administrative | $312M |
| SG&A Expenses | $379M |
| Other Expenses | $452M |
| Operating Expenses | $831M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $471M |
| Interest Income | $15M |
| Interest Expense | $62M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $418M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $283M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $240M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $240M |
| D&A | $469M |
| EBIT | $480M |
| EBITDA | $949M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $240M |
| Depreciation & Amortization | $469M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $591M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$680M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$714M |
| Net Debt Issuance | -$386M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$188M |
| NET CASH FROM FINANCING | -$574M |
| FREE CASH FLOW | $620M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $54M |
| Net Receivables | $641M |
| Inventory | $66M |
| Other Current Assets | $164M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $10.9B |
| Goodwill | $63M |
| Intangible Assets | $834M |
| Long-Term Investments | $500M |
| Tax Assets | $238M |
| Other Non-Current Assets | $192M |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $15.9B |
| Account Payables | $1.1B |
| Short-Term Debt | $985M |
| Deferred Revenue | $501M |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $689M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $286M |
| Additional Paid-In Capital | $114M |
| Retained Earnings | $7.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $15.9B |
| Total Debt | $3.6B |
| Net Debt | $1.8B |