| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.5B | $19.7B | $19.6B | -1.1% | -0.7% |
| Op. Income | $1.3B | $709M | $1.6B | 80.7% | -19.1% |
| Gross Margin | 55.4% | 53.5% | 55.8% | 1.9pp | -0.4pp |
| Net Margin | 2.6% | -0.5% | 3.5% | 3.2pp | -0.9pp |
| EPS (Diluted) | $0.40 | $-0.09 | $0.55 | 544.4% | -27.3% |
| Free Cash Flow | $397M | $521M | $126M | -23.8% | 215.1% |
| Item | Amount |
|---|---|
| REVENUE | $19.5B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $10.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.1B |
| Other Expenses | $4.4B |
| Operating Expenses | $9.5B |
| Cost & Expenses | $18.2B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $827M |
| Other Income/Expenses | -$830M |
| INCOME BEFORE TAX | $451M |
| Income Tax Expense | -$57M |
| Net Income from Continuing Ops | $508M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $508M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $508M |
| D&A | $3.3B |
| EBIT | $1.3B |
| EBITDA | $4.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19.5B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $10.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.1B |
| Other Expenses | $4.4B |
| Operating Expenses | $9.5B |
| Cost & Expenses | $18.2B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $827M |
| Other Income/Expenses | -$830M |
| INCOME BEFORE TAX | $451M |
| Income Tax Expense | -$57M |
| Net Income from Continuing Ops | $508M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $508M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $508M |
| D&A | $3.3B |
| EBIT | $1.3B |
| EBITDA | $4.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $508M |
| Depreciation & Amortization | $3.3B |
| Stock-Based Compensation | $150M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | $793M |
| Change in Working Capital | -$337M |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | -$4.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.4B |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$557M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | $397M |
| Net Change in Cash | $3.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.9B |
| Short-Term Investments | $0 |
| Net Receivables | $9.4B |
| Inventory | $2.2B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $21.4B |
| PP&E (Net) | $73.9B |
| Goodwill | $12.2B |
| Intangible Assets | $99.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.4B |
| TOTAL NON-CURRENT ASSETS | $192.1B |
| TOTAL ASSETS | $213.5B |
| Account Payables | $6.8B |
| Short-Term Debt | $7.4B |
| Deferred Revenue | $777M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $26.4B |
| Long-Term Debt | $66.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.4B |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $117.0B |
| TOTAL LIABILITIES | $143.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $73.8B |
| Retained Earnings | -$1.7B |
| Treasury Stock | -$685M |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $70.2B |
| TOTAL LIABILITIES & EQUITY | $213.5B |
| Total Debt | $114.2B |
| Net Debt | $107.3B |
