| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.3B | $11.9B | $10.2B | -5.4% | 10.1% |
| Op. Income | $2.3B | $2.9B | $2.0B | -19.1% | 16.8% |
| Gross Margin | 51.3% | 53.5% | 52.6% | -2.3pp | -1.3pp |
| Net Margin | 17.9% | 20.6% | 11.6% | -2.6pp | 6.3pp |
| EPS (Diluted) | $1.14 | $1.38 | $0.66 | -17.4% | 72.7% |
| Free Cash Flow | $2.0B | $1.7B | $1.7B | 16.5% | 18.4% |
| Item | Amount |
|---|---|
| REVENUE | $11.3B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $684M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $2.3B |
| Interest Income | $26M |
| Interest Expense | $85M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $334M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $822M |
| EBIT | $2.4B |
| EBITDA | $3.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.3B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $684M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $2.3B |
| Interest Income | $26M |
| Interest Expense | $85M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $334M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $822M |
| EBIT | $2.4B |
| EBITDA | $3.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $822M |
| Stock-Based Compensation | $142M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$572M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$379M |
| Acquisitions (Net) | $48M |
| Purchases of Investments | $41M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | -$264M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$828M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$813M |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.9B |
| Short-Term Investments | $353M |
| Net Receivables | $7.2B |
| Inventory | $5.9B |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $25.0B |
| PP&E (Net) | $8.8B |
| Goodwill | $22.7B |
| Intangible Assets | $11.6B |
| Long-Term Investments | $734M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $49.2B |
| TOTAL ASSETS | $74.2B |
| Account Payables | $4.5B |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.2B |
| TOTAL CURRENT LIABILITIES | $12.4B |
| Long-Term Debt | $16.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.3B |
| TOTAL NON-CURRENT LIABILITIES | $25.1B |
| TOTAL LIABILITIES | $37.5B |
| Common Stock | $24.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $34.5B |
| Treasury Stock | -$13.7B |
| Accum. Other Comp. Income | -$8.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36.5B |
| Minority Interest | $226M |
| TOTAL EQUITY | $36.7B |
| TOTAL LIABILITIES & EQUITY | $74.2B |
| Total Debt | $16.8B |
| Net Debt | $7.8B |
