| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | $6.1B | $6.2B | 0.5% | -0.6% |
| Op. Income | $2.5B | $2.4B | $2.4B | 4.8% | 4.9% |
| Gross Margin | 45.8% | 45.5% | 44.9% | 0.4pp | 0.9pp |
| Net Margin | 28.8% | 27.4% | 26.8% | 1.4pp | 2.0pp |
| EPS (Diluted) | $2.91 | $2.75 | $2.71 | 5.8% | 7.4% |
| Free Cash Flow | $1.7B | $1.8B | $1.4B | -4.4% | 26.9% |
| 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 | $281M |
| Operating Expenses | $281M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $312M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $519M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $606M |
| EBIT | $2.6B |
| EBITDA | $3.2B |
| 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 | $281M |
| Operating Expenses | $281M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $312M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $519M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $606M |
| EBIT | $2.6B |
| EBITDA | $3.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $606M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$49M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | $304M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$922M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | -$899M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$674M |
| Common Dividends Paid | -$810M |
| Other Financing Activities | -$202M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $20M |
| Net Receivables | $1.9B |
| Inventory | $769M |
| Other Current Assets | $322M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $58.8B |
| Goodwill | $0 |
| Intangible Assets | $791M |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $63.7B |
| TOTAL ASSETS | $67.7B |
| Account Payables | $847M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $5.3B |
| 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 | $50.8B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $5.3B |
| Retained Earnings | $65.6B |
| Treasury Stock | -$56.1B |
| Accum. Other Comp. Income | -$723M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.9B |
| TOTAL LIABILITIES & EQUITY | $67.7B |
| Total Debt | $32.5B |
| Net Debt | $31.4B |
