| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | $6.0B | $5.9B | 1.4% | 2.5% |
| Op. Income | $2.4B | $2.4B | $2.2B | 0.7% | 10.7% |
| Gross Margin | 45.5% | 45.4% | 43.0% | 0.1pp | 2.5pp |
| Net Margin | 27.4% | 27.9% | 25.7% | -0.4pp | 1.7pp |
| EPS (Diluted) | $2.75 | $2.74 | $2.51 | 0.4% | 9.6% |
| Free Cash Flow | $1.8B | $1.0B | $1.2B | 80.4% | 58.1% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $354M |
| Operating Expenses | $354M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $314M |
| Other Income/Expenses | -$220M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $518M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $609M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $354M |
| Operating Expenses | $354M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $314M |
| Other Income/Expenses | -$220M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $518M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $609M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $602M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $328M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$831M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$834M |
| Net Debt Issuance | -$710M |
| Common Stock Repurchased | -$731M |
| Common Dividends Paid | -$815M |
| Other Financing Activities | $249M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | -$190M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $947M |
| Short-Term Investments | $20M |
| Net Receivables | $2.0B |
| Inventory | $775M |
| Other Current Assets | $371M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $58.6B |
| Goodwill | $0 |
| Intangible Assets | $807M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $63.4B |
| TOTAL ASSETS | $67.6B |
| Account Payables | $830M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $29.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13.2B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $45.6B |
| TOTAL LIABILITIES | $51.0B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | $64.7B |
| Treasury Stock | -$55.5B |
| Accum. Other Comp. Income | -$692M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.6B |
| TOTAL LIABILITIES & EQUITY | $67.6B |
| Total Debt | $32.7B |
| Net Debt | $31.7B |
