| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87.8B | $90.0B | — | -2.4% | — |
| Op. Income | $11.0B | $10.9B | — | 1.3% | — |
| Gross Margin | 23.2% | 22.4% | — | 0.8pp | — |
| Net Margin | 9.8% | 10.3% | — | -0.5pp | — |
| EPS (Diluted) | $1.92 | $2.14 | — | -10.3% | — |
| Free Cash Flow | $11.4B | $4.3B | — | 163.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $87.8B |
| Cost of Revenue | $67.4B |
| GROSS PROFIT | $20.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.3B |
| SG&A Expenses | $2.3B |
| Other Expenses | $7.1B |
| Operating Expenses | $9.3B |
| Cost & Expenses | $76.8B |
| OPERATING INCOME | $11.0B |
| Interest Income | $0 |
| Interest Expense | $207M |
| Other Income/Expenses | $2.0B |
| INCOME BEFORE TAX | $13.0B |
| Income Tax Expense | $4.1B |
| Net Income from Continuing Ops | $9.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.6B |
| D&A | $6.3B |
| EBIT | $13.2B |
| EBITDA | $19.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $87.8B |
| Cost of Revenue | $67.4B |
| GROSS PROFIT | $20.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.3B |
| SG&A Expenses | $2.3B |
| Other Expenses | $7.1B |
| Operating Expenses | $9.3B |
| Cost & Expenses | $76.8B |
| OPERATING INCOME | $11.0B |
| Interest Income | $0 |
| Interest Expense | $207M |
| Other Income/Expenses | $2.0B |
| INCOME BEFORE TAX | $13.0B |
| Income Tax Expense | $4.1B |
| Net Income from Continuing Ops | $9.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.6B |
| D&A | $6.3B |
| EBIT | $13.2B |
| EBITDA | $19.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $8.6B |
| Depreciation & Amortization | $6.3B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $361M |
| Change in Working Capital | $2.3B |
| OPERATING CASH FLOW | $17.6B |
| Capital Expenditure | -$6.2B |
| Acquisitions (Net) | -$190M |
| Purchases of Investments | -$294M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $404M |
| NET CASH FROM INVESTING | -$6.2B |
| Net Debt Issuance | -$854M |
| Common Stock Repurchased | -$5.5B |
| Common Dividends Paid | -$4.2B |
| Other Financing Activities | -$500M |
| NET CASH FROM FINANCING | -$11.1B |
| FREE CASH FLOW | $11.4B |
| Net Change in Cash | $484M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26.9B |
| Short-Term Investments | $0 |
| Net Receivables | $41.5B |
| Inventory | $23.9B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $94.3B |
| PP&E (Net) | $299.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $48.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $19.2B |
| TOTAL NON-CURRENT ASSETS | $367.6B |
| TOTAL ASSETS | $461.9B |
| Account Payables | $60.5B |
| Short-Term Debt | $5.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $70.0B |
| Long-Term Debt | $36.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40.3B |
| Other Non-Current Liabilities | $38.3B |
| TOTAL NON-CURRENT LIABILITIES | $115.5B |
| TOTAL LIABILITIES | $185.5B |
| Common Stock | $46.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $467.7B |
| Treasury Stock | -$234.0B |
| Accum. Other Comp. Income | -$12.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $268.6B |
| Minority Interest | $7.8B |
| TOTAL EQUITY | $276.4B |
| TOTAL LIABILITIES & EQUITY | $461.9B |
| Total Debt | $42.5B |
| Net Debt | $15.6B |
