| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $6.1B | $6.0B | -1.5% | -0.1% |
| Op. Income | $2.4B | $2.5B | $2.4B | -6.1% | -0.0% |
| Gross Margin | 45.3% | 45.8% | 45.1% | -0.5pp | 0.2pp |
| Net Margin | 27.0% | 28.8% | 27.2% | -1.8pp | -0.2pp |
| EPS (Diluted) | $2.70 | $2.91 | $2.69 | -7.2% | 0.4% |
| Free Cash Flow | $1.3B | $1.7B | $1.3B | -25.1% | -1.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$13M |
| SG&A Expenses | -$13M |
| Other Expenses | $372M |
| Operating Expenses | $359M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $322M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $501M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $610M |
| EBIT | $2.4B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$13M |
| SG&A Expenses | -$13M |
| Other Expenses | $372M |
| Operating Expenses | $359M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $322M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $501M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $610M |
| EBIT | $2.4B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $610M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$906M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$938M |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$1.7B |
| Common Dividends Paid | -$804M |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$878M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $394M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $747M |
| Other Current Assets | $416M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $59.1B |
| Goodwill | $0 |
| Intangible Assets | $779M |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $64.0B |
| TOTAL ASSETS | $68.5B |
| Account Payables | $898M |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $30.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13.1B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $46.2B |
| TOTAL LIABILITIES | $52.5B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | $66.5B |
| Treasury Stock | -$57.5B |
| Accum. Other Comp. Income | -$720M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.0B |
| TOTAL LIABILITIES & EQUITY | $68.5B |
| Total Debt | $33.9B |
| Net Debt | $32.5B |
