| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $9.27B | $8.47B | $10.48B | $10.58B | $9.21B |
| Cost of Revenue | $7.04B | $6.50B | $7.98B | $8.44B | $7.15B |
| Gross Profit | $2.23B | $1.98B | $2.50B | $2.14B | $2.06B |
| Gross Margin % | 24.09% | 23.31% | 23.86% | 20.20% | 22.38% |
| Operating Expenses | |||||
| R&D Expenses | $234.00M | $226.00M | $254.00M | $264.00M | $239.00M |
| SG&A Expenses | $691.00M | $654.00M | $795.00M | $726.00M | $727.00M |
| Other Operating Expenses | $0.00 | $0.00 | $0.00 | $107.00M | - |
| Total Operating Expenses | $925.00M | $880.00M | $1.05B | $990.00M | $966.00M |
| Operating Performance | |||||
| Operating Income | $1.31B | $1.10B | $1.45B | $1.25B | $1.10B |
| Operating Margin % | 14.12% | 12.92% | 13.85% | 11.85% | 11.89% |
| EBITDA | $1.73B | $1.31B | $1.81B | $1.73B | $1.81B |
| EBITDA Margin % | 18.67% | 15.43% | 17.26% | 16.36% | 19.62% |
| Other Income/Expenses | |||||
| Interest Expense | $221.00M | $214.00M | $198.00M | $182.00M | $225.00M |
| Other Income/Expenses Net | $-407.00M | $-565.00M | $-369.00M | $-277.00M | $-8.00M |
| Income Before Tax | $902.00M | $530.00M | $1.08B | $977.00M | $1.09B |
| Income Tax Expense | $140.00M | $41.00M | $215.00M | $181.00M | $191.00M |
| Net Performance | |||||
| Net Income | $759.00M | $478.00M | $857.00M | $793.00M | $894.00M |
| Net Margin % | 8.19% | 5.64% | 8.18% | 7.50% | 9.71% |
| EPS | $5.52 | $3.53 | $6.32 | $5.85 | $7.54 |
| Diluted EPS | $5.48 | $3.50 | $6.32 | $5.81 | $7.49 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $204.00M | $564.00M | $459.00M | $493.00M | $548.00M |
| Short Term Investments | - | - | - | $1.00M | $1.00M |
| Net Receivables | $1.38B | $1.52B | $1.09B | $1.28B | $1.15B |
| Inventory | $1.66B | $1.38B | $1.50B | $1.89B | $1.68B |
| Other Current Assets | $80.00M | $83.00M | $1.59B | $114.00M | $96.00M |
| Total Current Assets | $3.32B | $3.54B | $4.65B | $3.78B | $3.48B |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $5.57B | $5.55B | - | $5.16B | $5.73B |
| Long Term Investments | - | - | - | $183.00M | $124.00M |
| Tax Assets | - | - | - | $671.00M | $601.00M |
| Other Non-Current Assets | $674.00M | $736.00M | $5.87B | $1.00M | $-85.00M |
| Total Non-Current Assets | $12.69B | $12.54B | $10.87B | $10.89B | $11.15B |
| Total Assets | |||||
| Total Assets | $16.01B | $16.08B | $15.52B | $14.67B | $14.63B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $890.00M | $799.00M | - | $1.32B | $1.17B |
| Short Term Debt | $171.00M | $349.00M | - | $1.13B | $593.00M |
| Tax Payables | $89.00M | $178.00M | - | $157.00M | $192.00M |
| Deferred Revenue | - | - | - | $671.00M | $287.00M |
| Other Current Liabilities | $639.00M | $712.00M | $2.97B | $135.00M | $895.00M |
| Total Current Liabilities | $1.79B | $2.04B | $2.97B | $3.25B | $2.58B |
| Non-Current Liabilities | |||||
| Long Term Debt | $5.61B | $5.27B | $4.41B | $4.03B | $4.43B |
| Other Non-Current Liabilities | $1.66B | $1.82B | $728.00M | $1.48B | $1.50B |
| Total Non-Current Liabilities | $8.19B | $7.94B | $6.76B | $6.18B | $6.53B |
| Total Liabilities | |||||
| Total Liabilities | $9.98B | $9.98B | $9.73B | $9.43B | $9.10B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| Retained Earnings | $7.97B | $8.08B | $8.56B | $8.97B | $9.49B |
| Accumulated Other Comprehensive Income/Loss | $-214.00M | $-273.00M | $-182.00M | $-205.00M | $-319.00M |
| Total Shareholders Equity | $5.96B | $6.02B | $5.79B | $5.15B | $5.46B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $15.93B | $16.00B | $15.52B | $14.67B | $14.63B |
| Total Debt | $5.78B | $5.62B | $4.41B | $5.15B | $4.97B |
| Net Debt | $5.58B | $5.05B | $3.95B | $4.66B | $4.42B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $759.00M | $478.00M | $857.00M | $796.00M | $894.00M |
| Depreciation & Amortization | $611.00M | $574.00M | $538.00M | $477.00M | $498.00M |
| Stock Based Compensation | - | - | $162.00M | $-103.00M | $65.00M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $170.00M | $-31.00M | $-281.00M | $93.00M | $126.00M |
| Change in Inventory | $-80.00M | $291.00M | $-389.00M | $-430.00M | $201.00M |
| Change in Accounts Payable | $-27.00M | $-100.00M | $554.00M | $60.00M | $-190.00M |
| Other Working Capital Changes | $-89.00M | $5.00M | $89.00M | $290.00M | $230.00M |
| Total Working Capital Change | $-26.00M | $165.00M | $-27.00M | $13.00M | $367.00M |
| Other Operating | |||||
| Other Non-Cash Items | $137.00M | $349.00M | $127.00M | $-72.00M | $-348.00M |
| Net Cash from Operations | $1.50B | $1.46B | $1.62B | $975.00M | $1.37B |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | $-425.00M | $-383.00M | $-555.00M | $-624.00M | $-833.00M |
| Purchase of Investments | - | - | - | - | - |
| Sale of Investments | - | - | - | - | - |
| Other Investing Activities | $-7.00M | $-10.00M | $-27.00M | $19.00M | $22.00M |
| Net Cash from Investing | $-480.00M | $-394.00M | $-29.00M | $392.00M | $-432.00M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-760.00M | $-556.00M | $-300.00M | $-750.00M | $-338.00M |
| Stock Repurchases | $-325.00M | $-60.00M | $-1.00B | $-1.00B | $-150.00M |
| Dividends Paid | $-343.00M | $-358.00M | $-375.00M | $-381.00M | $-376.00M |
| Other Financing Activities | $385.00M | $270.00M | $-15.00M | $812.00M | $-24.00M |
| Net Cash from Financing | $-1.04B | $-704.00M | $-1.69B | $-1.32B | $-888.00M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-22.00M | $360.00M | $-105.00M | $34.00M | $55.00M |
| Cash at Beginning of Period | $226.00M | $204.00M | $564.00M | $459.00M | $493.00M |
| Cash at End of Period | $204.00M | $564.00M | $459.00M | $493.00M | $548.00M |
| Key Metrics | |||||
| Operating Cash Flow | $1.50B | $1.46B | $1.62B | $975.00M | $1.37B |
| Capital Expenditure | $-425.00M | $-383.00M | $-578.00M | $-624.00M | $-833.00M |
| Free Cash Flow | $1.08B | $1.07B | $1.04B | $351.00M | $541.00M |