| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.3B | $9.1B | $8.8B | 1.9% | 5.8% |
| Op. Income | $528M | $657M | $786M | -19.6% | -32.8% |
| Gross Margin | 19.5% | 21.5% | 23.4% | -2.0pp | -3.9pp |
| Net Margin | 4.9% | 6.0% | 7.5% | -1.2pp | -2.6pp |
| EPS (Diluted) | $1.91 | $2.29 | $2.62 | -16.6% | -27.1% |
| Free Cash Flow | $2.5B | $1.4B | $2.5B | 80.7% | -2.3% |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $97M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $528M |
| Interest Income | $0 |
| Interest Expense | $88M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $528M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $454M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $454M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $450M |
| D&A | $195M |
| EBIT | $616M |
| EBITDA | $811M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.3B |
| Cost of Revenue | $7.5B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $97M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $528M |
| Interest Income | $0 |
| Interest Expense | $88M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $528M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $454M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $454M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $450M |
| D&A | $195M |
| EBIT | $616M |
| EBITDA | $811M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $454M |
| Depreciation & Amortization | $195M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$102M |
| Other Non-Cash Items | $1.9B |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.4B |
| Sales/Maturities of Investments | $2.8B |
| Other Investing Activities | -$134M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$501M |
| Common Dividends Paid | -$220M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$710M |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $773M |
| Short-Term Investments | $72.4B |
| Net Receivables | $20.8B |
| Inventory | $0 |
| Other Current Assets | -$95.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $3.9B |
| Intangible Assets | $287M |
| Long-Term Investments | $73.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$77.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $114.3B |
| Account Payables | $4.4B |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82.7B |
| TOTAL NON-CURRENT LIABILITIES | $89.9B |
| TOTAL LIABILITIES | $94.4B |
| Common Stock | $24.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $42.9B |
| Treasury Stock | -$39.6B |
| Accum. Other Comp. Income | -$7.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.9B |
| TOTAL LIABILITIES & EQUITY | $114.3B |
| Total Debt | $7.3B |
| Net Debt | $6.5B |
