| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.1B | $1.7B | -5.9% | 14.7% |
| Op. Income | $404M | $408M | $390M | -1.0% | 3.6% |
| Gross Margin | 37.1% | 35.0% | 40.8% | 2.2pp | -3.6pp |
| Net Margin | 15.1% | 13.5% | 16.6% | 1.6pp | -1.5pp |
| EPS (Diluted) | $0.96 | $0.91 | $0.92 | 5.5% | 4.3% |
| Free Cash Flow | -$375M | $41M | $163M | -1025.9% | -330.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $744M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $339M |
| Operating Expenses | $339M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $404M |
| Interest Income | $0 |
| Interest Expense | $128M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $302M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $302M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $302M |
| D&A | $280M |
| EBIT | $503M |
| EBITDA | $783M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $744M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $339M |
| Operating Expenses | $339M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $404M |
| Interest Income | $0 |
| Interest Expense | $128M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $302M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $302M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $302M |
| D&A | $280M |
| EBIT | $503M |
| EBITDA | $783M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $302M |
| Depreciation & Amortization | $280M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | -$97M |
| Change in Working Capital | -$213M |
| OPERATING CASH FLOW | $297M |
| Capital Expenditure | -$672M |
| Acquisitions (Net) | -$372M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$230M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $763M |
| FREE CASH FLOW | -$375M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $925M |
| Other Current Assets | $340M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $28.6B |
| Goodwill | $3.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $38.0B |
| TOTAL ASSETS | $40.8B |
| Account Payables | $1.2B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $614M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $14.9B |
| Deferred Revenue NC | $374M |
| Deferred Tax Liabilities | $4.5B |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $25.8B |
| TOTAL LIABILITIES | $29.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $7.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.4B |
| Minority Interest | $210M |
| TOTAL EQUITY | $11.6B |
| TOTAL LIABILITIES & EQUITY | $40.8B |
| Total Debt | $16.3B |
| Net Debt | $16.3B |
