| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.5B | — | $13.9B | — | 4.3% |
| Op. Income | $4.0B | — | $4.5B | — | -11.4% |
| Gross Margin | 70.9% | — | 69.4% | — | 1.5pp |
| Net Margin | 9.5% | — | 14.6% | — | -5.1pp |
| EPS (Diluted) | $0.77 | — | $1.14 | — | -32.5% |
| Free Cash Flow | $2.0B | — | $6.1B | — | -66.9% |
| Item | Amount |
|---|---|
| REVENUE | $14.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $10.3B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $937M |
| Operating Expenses | $6.3B |
| Cost & Expenses | $10.5B |
| OPERATING INCOME | $4.0B |
| Interest Income | $220M |
| Interest Expense | $726M |
| Other Income/Expenses | -$1.9B |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $773M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $2.1B |
| EBIT | $2.9B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $10.3B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $937M |
| Operating Expenses | $6.3B |
| Cost & Expenses | $10.5B |
| OPERATING INCOME | $4.0B |
| Interest Income | $220M |
| Interest Expense | $726M |
| Other Income/Expenses | -$1.9B |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $773M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $2.1B |
| EBIT | $2.9B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $2.1B |
| Stock-Based Compensation | $218M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $1.9B |
| Change in Working Capital | -$3.4B |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$241M |
| Acquisitions (Net) | -$843M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$3.3B |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$2.8B |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$6.1B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | -$4.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.1B |
| Short-Term Investments | $27M |
| Net Receivables | $11.7B |
| Inventory | $4.2B |
| Other Current Assets | $4.7B |
| TOTAL CURRENT ASSETS | $33.8B |
| PP&E (Net) | $5.0B |
| Goodwill | $33.4B |
| Intangible Assets | $60.2B |
| Long-Term Investments | $272M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.2B |
| TOTAL NON-CURRENT ASSETS | $108.1B |
| TOTAL ASSETS | $141.9B |
| Account Payables | $29.3B |
| Short-Term Debt | $12.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $41.9B |
| Long-Term Debt | $58.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.7B |
| Other Non-Current Liabilities | $32.4B |
| TOTAL NON-CURRENT LIABILITIES | $93.2B |
| TOTAL LIABILITIES | $135.1B |
| Common Stock | $18M |
| Additional Paid-In Capital | $20.9B |
| Retained Earnings | -$3.8B |
| Treasury Stock | -$7.8B |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $43M |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $141.9B |
| Total Debt | $70.6B |
| Net Debt | $57.5B |
