| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.2B | $6.6B | $5.7B | -5.9% | 7.8% |
| Op. Income | $2.4B | $2.6B | $2.4B | -8.4% | -1.1% |
| Gross Margin | 43.9% | 45.0% | 47.8% | -1.1pp | -3.9pp |
| Net Margin | 26.5% | 28.9% | 29.8% | -2.4pp | -3.3pp |
| EPS (Diluted) | $2.67 | $3.05 | $2.66 | -12.5% | 0.4% |
| Free Cash Flow | $1.4B | $1.9B | $1.5B | -26.7% | -11.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $301M |
| Other Expenses | $0 |
| Operating Expenses | $301M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $333M |
| Other Income/Expenses | -$241M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $533M |
| 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 | $585M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.2B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $301M |
| Other Expenses | $0 |
| Operating Expenses | $301M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $333M |
| Other Income/Expenses | -$241M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $533M |
| 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 | $585M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $569M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $82M |
| Other Non-Cash Items | -$81M |
| Change in Working Capital | $62M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$930M |
| Acquisitions (Net) | $22M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$912M |
| Net Debt Issuance | -$108M |
| Common Stock Repurchased | -$785M |
| Common Dividends Paid | -$797M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$297M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $973M |
| Short-Term Investments | $46M |
| Net Receivables | $1.9B |
| Inventory | $741M |
| Other Current Assets | $301M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $57.0B |
| Goodwill | $0 |
| Intangible Assets | $729M |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $61.5B |
| TOTAL ASSETS | $65.4B |
| Account Payables | $784M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $31.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13.0B |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $47.8B |
| TOTAL LIABILITIES | $53.3B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | $58.9B |
| Treasury Stock | -$54.0B |
| Accum. Other Comp. Income | -$582M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.2B |
| TOTAL LIABILITIES & EQUITY | $65.4B |
| Total Debt | $35.0B |
| Net Debt | $34.0B |
