| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94.4B | — | $82.8B | — | 14.1% |
| Op. Income | $7.7B | — | $6.9B | — | 11.6% |
| Gross Margin | 23.3% | — | 25.2% | — | -1.9pp |
| Net Margin | 5.8% | — | 5.8% | — | 0.0pp |
| EPS (Diluted) | $5.83 | — | $5.03 | — | 15.9% |
| Free Cash Flow | -$6.2B | — | -$5.4B | — | -13.9% |
| Item | Amount |
|---|---|
| REVENUE | $94.4B |
| Cost of Revenue | $72.4B |
| GROSS PROFIT | $22.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $14.3B |
| Operating Expenses | $14.3B |
| Cost & Expenses | $86.7B |
| OPERATING INCOME | $7.7B |
| Interest Income | $0 |
| Interest Expense | $830M |
| Other Income/Expenses | -$830M |
| INCOME BEFORE TAX | $6.9B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $5.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.5B |
| D&A | $974M |
| EBIT | $7.7B |
| EBITDA | $8.7B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $94.4B |
| Cost of Revenue | $72.4B |
| GROSS PROFIT | $22.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $14.3B |
| Operating Expenses | $14.3B |
| Cost & Expenses | $86.7B |
| OPERATING INCOME | $7.7B |
| Interest Income | $0 |
| Interest Expense | $830M |
| Other Income/Expenses | -$830M |
| INCOME BEFORE TAX | $6.9B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $5.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.5B |
| D&A | $974M |
| EBIT | $7.7B |
| EBITDA | $8.7B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $5.5B |
| Depreciation & Amortization | $974M |
| Stock-Based Compensation | $208M |
| Deferred Income Tax | $249M |
| Other Non-Cash Items | -$226M |
| Change in Working Capital | -$11.9B |
| OPERATING CASH FLOW | -$5.2B |
| Capital Expenditure | -$959M |
| Acquisitions (Net) | -$1.7B |
| Purchases of Investments | -$5.3B |
| Sales/Maturities of Investments | $6.4B |
| Other Investing Activities | $446M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$1.7B |
| Other Financing Activities | -$2.7B |
| NET CASH FROM FINANCING | -$7.2B |
| FREE CASH FLOW | -$6.2B |
| Net Change in Cash | -$13.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25.4B |
| Short-Term Investments | $4.2B |
| Net Receivables | $39.0B |
| Inventory | $0 |
| Other Current Assets | $9.8B |
| TOTAL CURRENT ASSETS | $78.4B |
| PP&E (Net) | $11.4B |
| Goodwill | $103.7B |
| Intangible Assets | $15.2B |
| Long-Term Investments | $47.6B |
| Tax Assets | $4.7B |
| Other Non-Current Assets | $12.6B |
| TOTAL NON-CURRENT ASSETS | $195.3B |
| TOTAL ASSETS | $273.7B |
| Account Payables | $32.0B |
| Short-Term Debt | $5.3B |
| Deferred Revenue | $3.4B |
| Other Current Liabilities | $58.4B |
| TOTAL CURRENT LIABILITIES | $99.1B |
| Long-Term Debt | $58.3B |
| Deferred Revenue NC | $3.4B |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $11.9B |
| TOTAL NON-CURRENT LIABILITIES | $80.4B |
| TOTAL LIABILITIES | $174.8B |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $95.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88.8B |
| Minority Interest | $10.2B |
| TOTAL EQUITY | $98.9B |
| TOTAL LIABILITIES & EQUITY | $273.7B |
| Total Debt | $67.4B |
| Net Debt | $42.0B |
