| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.1B | $3.4B | -0.7% | 20.8% |
| Op. Income | $525M | $924M | $433M | -43.2% | 21.2% |
| Gross Margin | 33.8% | 43.9% | 36.0% | -10.1pp | -2.3pp |
| Net Margin | 9.4% | 15.9% | 9.4% | -6.5pp | -0.0pp |
| EPS (Diluted) | $0.69 | $1.18 | $0.58 | -41.5% | 19.0% |
| Free Cash Flow | -$548M | -$106M | -$602M | -417.0% | 9.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $843M |
| Operating Expenses | $843M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $525M |
| Interest Income | $0 |
| Interest Expense | $231M |
| Other Income/Expenses | -$201M |
| INCOME BEFORE TAX | $324M |
| Income Tax Expense | -$55M |
| Net Income from Continuing Ops | $379M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $379M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $379M |
| D&A | $642M |
| EBIT | $532M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $843M |
| Operating Expenses | $843M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $525M |
| Interest Income | $0 |
| Interest Expense | $231M |
| Other Income/Expenses | -$201M |
| INCOME BEFORE TAX | $324M |
| Income Tax Expense | -$55M |
| Net Income from Continuing Ops | $379M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $379M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $379M |
| D&A | $642M |
| EBIT | $532M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $379M |
| Depreciation & Amortization | $642M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$55M |
| Other Non-Cash Items | -$115M |
| Change in Working Capital | -$87M |
| OPERATING CASH FLOW | $765M |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$277M |
| Sales/Maturities of Investments | $268M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $654M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$258M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $561M |
| FREE CASH FLOW | -$548M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $803M |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $49.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $56.0B |
| TOTAL ASSETS | $61.2B |
| Account Payables | $1.8B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $22.8B |
| Deferred Revenue NC | $181M |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $9.6B |
| TOTAL NON-CURRENT LIABILITIES | $38.4B |
| TOTAL LIABILITIES | $44.5B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $8.2B |
| Retained Earnings | $7.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.7B |
| TOTAL LIABILITIES & EQUITY | $61.2B |
| Total Debt | $26.0B |
| Net Debt | $25.9B |
