| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.6B | $6.3B | $5.6B | 4.7% | 18.0% |
| Op. Income | $2.6B | $2.5B | $2.4B | 5.5% | 8.3% |
| Gross Margin | 45.0% | 45.1% | 48.5% | -0.1pp | -3.6pp |
| Net Margin | 28.9% | 29.3% | 30.1% | -0.4pp | -1.2pp |
| EPS (Diluted) | $3.05 | $2.93 | $2.57 | 4.1% | 18.7% |
| Free Cash Flow | $1.9B | $1.1B | $1.5B | 63.8% | 21.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | $0 |
| Operating Expenses | $319M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $315M |
| Other Income/Expenses | -$191M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $547M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $563M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | $0 |
| Operating Expenses | $319M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $315M |
| Other Income/Expenses | -$191M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $547M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $563M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $563M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $87M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | $399M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $52M |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$2.0B |
| Common Dividends Paid | -$806M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $470M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $46M |
| Net Receivables | $2.1B |
| Inventory | $794M |
| Other Current Assets | $246M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $56.7B |
| Goodwill | $0 |
| Intangible Assets | $719M |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $60.9B |
| TOTAL ASSETS | $65.3B |
| Account Payables | $916M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $31.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12.9B |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $47.9B |
| TOTAL LIABILITIES | $53.6B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | $58.0B |
| Treasury Stock | -$53.3B |
| Accum. Other Comp. Income | -$832M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.7B |
| TOTAL LIABILITIES & EQUITY | $65.3B |
| Total Debt | $35.1B |
| Net Debt | $33.8B |
