| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.9B | $12.8B | — | 1.0% | — |
| Op. Income | $1.5B | $1.9B | — | -23.8% | — |
| Gross Margin | 15.6% | 19.3% | — | -3.7pp | — |
| Net Margin | 8.7% | 10.6% | — | -1.9pp | — |
| EPS (Diluted) | $3.07 | $3.71 | — | -17.3% | — |
| Free Cash Flow | $1.0B | $834M | — | 22.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $12.9B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $560M |
| Other Expenses | $0 |
| Operating Expenses | $560M |
| Cost & Expenses | $11.5B |
| OPERATING INCOME | $1.5B |
| Interest Income | $3M |
| Interest Expense | $100M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $284M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $300M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $12.9B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $560M |
| Other Expenses | $0 |
| Operating Expenses | $560M |
| Cost & Expenses | $11.5B |
| OPERATING INCOME | $1.5B |
| Interest Income | $3M |
| Interest Expense | $100M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $284M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $300M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $300M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $77M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$82M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$408M |
| Acquisitions (Net) | -$45M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$459M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$348M |
| Common Dividends Paid | -$164M |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | -$484M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $491M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $4.5B |
| Other Current Assets | $635M |
| TOTAL CURRENT ASSETS | $10.1B |
| PP&E (Net) | $8.0B |
| Goodwill | $10.6B |
| Intangible Assets | $6.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $26.7B |
| TOTAL ASSETS | $36.8B |
| Account Payables | $2.1B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $861M |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $12.2B |
| TOTAL LIABILITIES | $18.3B |
| Common Stock | $45M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $18.5B |
| Treasury Stock | -$4.4B |
| Accum. Other Comp. Income | -$172M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.4B |
| Minority Interest | $139M |
| TOTAL EQUITY | $18.5B |
| TOTAL LIABILITIES & EQUITY | $36.8B |
| Total Debt | $9.4B |
| Net Debt | $6.4B |
