| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | — | $3.0B | — | 2.0% |
| Op. Income | $499M | — | $2.7B | — | -81.7% |
| Gross Margin | 97.8% | — | 100.0% | — | -2.2pp |
| Net Margin | 11.8% | — | 8.1% | — | 3.7pp |
| EPS (Diluted) | $1.80 | — | $1.18 | — | 52.5% |
| Free Cash Flow | $122M | — | $304M | — | -60.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $66M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $275M |
| Other Expenses | -$781M |
| Operating Expenses | $781M |
| Cost & Expenses | -$2.5B |
| OPERATING INCOME | $499M |
| Interest Income | $48M |
| Interest Expense | $48M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | $451M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $358M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $358M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $358M |
| D&A | $27M |
| EBIT | $499M |
| EBITDA | $526M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $66M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $275M |
| Other Expenses | -$781M |
| Operating Expenses | $781M |
| Cost & Expenses | -$2.5B |
| OPERATING INCOME | $499M |
| Interest Income | $48M |
| Interest Expense | $48M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | $451M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $358M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $358M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $358M |
| D&A | $27M |
| EBIT | $499M |
| EBITDA | $526M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $358M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$181M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$669M |
| Sales/Maturities of Investments | $718M |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$106M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4.8B |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $456M |
| Goodwill | $348M |
| Intangible Assets | $2.6B |
| Long-Term Investments | $39.1B |
| Tax Assets | $490M |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $47.9B |
| TOTAL ASSETS | $52.8B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | -$9.4B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49.7B |
| TOTAL NON-CURRENT LIABILITIES | $52.9B |
| TOTAL LIABILITIES | $43.5B |
| Common Stock | $31M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $13.4B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $52.8B |
| Total Debt | $3.4B |
| Net Debt | $3.3B |
