| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.1B | $3.8B | 0.7% | 8.8% |
| Op. Income | $573M | $525M | $510M | 9.1% | 12.4% |
| Gross Margin | 35.7% | 33.8% | 35.6% | 2.0pp | 0.1pp |
| Net Margin | 10.2% | 9.4% | 10.1% | 0.9pp | 0.1pp |
| EPS (Diluted) | $0.76 | $0.69 | $0.70 | 10.1% | 8.6% |
| Free Cash Flow | $272M | -$548M | $198M | 149.6% | 37.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $884M |
| Operating Expenses | $884M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $573M |
| Interest Income | $0 |
| Interest Expense | $243M |
| Other Income/Expenses | -$208M |
| INCOME BEFORE TAX | $365M |
| Income Tax Expense | -$53M |
| Net Income from Continuing Ops | $418M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $418M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $418M |
| D&A | $660M |
| EBIT | $608M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $884M |
| Operating Expenses | $884M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $573M |
| Interest Income | $0 |
| Interest Expense | $243M |
| Other Income/Expenses | -$208M |
| INCOME BEFORE TAX | $365M |
| Income Tax Expense | -$53M |
| Net Income from Continuing Ops | $418M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $418M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $418M |
| D&A | $660M |
| EBIT | $608M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $418M |
| Depreciation & Amortization | $660M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$73M |
| Other Non-Cash Items | -$57M |
| Change in Working Capital | $580M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$236M |
| Sales/Maturities of Investments | $228M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$259M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$250M |
| FREE CASH FLOW | $272M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $580M |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $50.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $56.7B |
| TOTAL ASSETS | $60.9B |
| Account Payables | $1.3B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $909M |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $22.8B |
| Deferred Revenue NC | $180M |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $9.7B |
| TOTAL NON-CURRENT LIABILITIES | $38.5B |
| TOTAL LIABILITIES | $44.1B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $8.2B |
| Retained Earnings | $7.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.8B |
| TOTAL LIABILITIES & EQUITY | $60.9B |
| Total Debt | $26.0B |
| Net Debt | $25.9B |
