| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.3B | $19.5B | $20.8B | 4.1% | -2.5% |
| Op. Income | $2.7B | $1.3B | $1.1B | 114.4% | 158.4% |
| Gross Margin | 57.2% | 55.4% | 49.7% | 1.9pp | 7.5pp |
| Net Margin | 7.3% | 2.6% | 2.0% | 4.7pp | 5.3pp |
| EPS (Diluted) | $1.18 | $0.40 | $0.34 | 195.0% | 247.1% |
| Free Cash Flow | $941M | $397M | $42M | 137.0% | 2140.5% |
| Item | Amount |
|---|---|
| REVENUE | $20.3B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $11.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.6B |
| Other Expenses | $3.3B |
| Operating Expenses | $8.9B |
| Cost & Expenses | $17.5B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $822M |
| Other Income/Expenses | -$820M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $450M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $3.3B |
| EBIT | $2.7B |
| EBITDA | $6.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20.3B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $11.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.6B |
| Other Expenses | $3.3B |
| Operating Expenses | $8.9B |
| Cost & Expenses | $17.5B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $822M |
| Other Income/Expenses | -$820M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $450M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $3.3B |
| EBIT | $2.7B |
| EBITDA | $6.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $3.3B |
| Stock-Based Compensation | $150M |
| Deferred Income Tax | $419M |
| Other Non-Cash Items | $398M |
| Change in Working Capital | -$1.4B |
| OPERATING CASH FLOW | $4.3B |
| Capital Expenditure | -$3.4B |
| Acquisitions (Net) | $52M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.2B |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$4.5B |
| FREE CASH FLOW | $941M |
| Net Change in Cash | -$2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $0 |
| Net Receivables | $9.6B |
| Inventory | $1.9B |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $19.1B |
| PP&E (Net) | $74.1B |
| Goodwill | $12.2B |
| Intangible Assets | $99.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.7B |
| TOTAL NON-CURRENT ASSETS | $192.3B |
| TOTAL ASSETS | $211.3B |
| Account Payables | $7.2B |
| Short-Term Debt | $5.2B |
| Deferred Revenue | $780M |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $24.7B |
| Long-Term Debt | $66.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.9B |
| Other Non-Current Liabilities | $4.1B |
| TOTAL NON-CURRENT LIABILITIES | $116.9B |
| TOTAL LIABILITIES | $141.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $73.9B |
| Retained Earnings | -$223M |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $69.7B |
| TOTAL LIABILITIES & EQUITY | $211.3B |
| Total Debt | $111.8B |
| Net Debt | $107.3B |
