| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52.9B | — | $53.3B | — | -0.8% |
| Op. Income | -$395M | — | $4.4B | — | -109.0% |
| Gross Margin | 5.0% | — | 12.5% | — | -7.5pp |
| Net Margin | -1.2% | — | 6.1% | — | -7.3pp |
| EPS (Diluted) | $-1.87 | — | $8.92 | — | -121.0% |
| Free Cash Flow | -$187M | — | $800M | — | -123.4% |
| Item | Amount |
|---|---|
| REVENUE | $52.9B |
| Cost of Revenue | $50.3B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $114M |
| Selling & Marketing | $339M |
| General & Administrative | $1.8B |
| SG&A Expenses | $2.2B |
| Other Expenses | $755M |
| Operating Expenses | $3.0B |
| Cost & Expenses | $53.3B |
| OPERATING INCOME | -$395M |
| Interest Income | $30M |
| Interest Expense | $355M |
| Other Income/Expenses | -$283M |
| INCOME BEFORE TAX | -$678M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | -$649M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$648M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$648M |
| D&A | $1.3B |
| EBIT | -$323M |
| EBITDA | $1.0B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$649M |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $61M |
| Deferred Income Tax | -$183M |
| Other Non-Cash Items | $997M |
| Change in Working Capital | $187M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$1.9B |
| Acquisitions (Net) | -$377M |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$354M |
| Common Dividends Paid | -$670M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $88M |
| FREE CASH FLOW | -$187M |
| Net Change in Cash | -$458M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $573M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $5.3B |
| Other Current Assets | $345M |
| TOTAL CURRENT ASSETS | $8.7B |
| PP&E (Net) | $9.6B |
| Goodwill | $9.9B |
| Intangible Assets | $6.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $27.5B |
| TOTAL ASSETS | $36.3B |
| Account Payables | $2.6B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $893M |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $7.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $11.5B |
| TOTAL LIABILITIES | $18.0B |
| Common Stock | $45M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $18.8B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | -$260M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.1B |
| Minority Interest | $122M |
| TOTAL EQUITY | $18.3B |
| TOTAL LIABILITIES & EQUITY | $36.3B |
| Total Debt | $9.5B |
| Net Debt | $8.9B |
