| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.2B | $19.8B | $19.3B | 2.0% | 4.7% |
| Op. Income | $4.8B | $4.6B | $3.6B | 3.6% | 33.4% |
| Gross Margin | 65.1% | 65.9% | 62.9% | -0.7pp | 2.2pp |
| Net Margin | 15.2% | 14.8% | 11.1% | 0.4pp | 4.0pp |
| EPS (Diluted) | $2.61 | $2.49 | $1.82 | 4.8% | 43.4% |
| Free Cash Flow | $1.8B | $3.3B | $2.8B | -47.1% | -36.1% |
| Item | Amount |
|---|---|
| REVENUE | $20.2B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $13.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $3.2B |
| Operating Expenses | $8.3B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $4.8B |
| Interest Income | $0 |
| Interest Expense | $836M |
| Other Income/Expenses | -$829M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $908M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $3.2B |
| EBIT | $4.8B |
| EBITDA | $8.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $20.2B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $13.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $3.2B |
| Operating Expenses | $8.3B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $4.8B |
| Interest Income | $0 |
| Interest Expense | $836M |
| Other Income/Expenses | -$829M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $908M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $3.2B |
| EBIT | $4.8B |
| EBITDA | $8.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $3.2B |
| Stock-Based Compensation | $170M |
| Deferred Income Tax | $817M |
| Other Non-Cash Items | $433M |
| Change in Working Capital | -$1.5B |
| OPERATING CASH FLOW | $6.1B |
| Capital Expenditure | -$4.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.3B |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | -$560M |
| Common Dividends Paid | -$758M |
| Other Financing Activities | -$85M |
| NET CASH FROM FINANCING | $507M |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | $3.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.8B |
| Short-Term Investments | $0 |
| Net Receivables | $7.9B |
| Inventory | $1.8B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $22.5B |
| PP&E (Net) | $66.8B |
| Goodwill | $13.0B |
| Intangible Assets | $101.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $188.2B |
| TOTAL ASSETS | $210.7B |
| Account Payables | $3.0B |
| Short-Term Debt | $5.9B |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $21.0B |
| Long-Term Debt | $74.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15.8B |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $125.5B |
| TOTAL LIABILITIES | $146.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $68.7B |
| Retained Earnings | $12.4B |
| Treasury Stock | -$15.9B |
| Accum. Other Comp. Income | -$889M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $64.3B |
| TOTAL LIABILITIES & EQUITY | $210.7B |
| Total Debt | $116.2B |
| Net Debt | $106.4B |
