| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.9B | $23.3B | $16.5B | -23.1% | 8.6% |
| Op. Income | $531M | $760M | $486M | -30.1% | 9.3% |
| Gross Margin | 27.9% | 28.1% | 28.6% | -0.1pp | -0.6pp |
| Net Margin | 1.9% | 2.1% | 1.8% | -0.2pp | 0.1pp |
| EPS (Diluted) | $0.59 | $0.84 | $0.52 | -29.8% | 13.5% |
| Free Cash Flow | $213M | $378M | $770M | -43.6% | -72.3% |
| Item | Amount |
|---|---|
| REVENUE | $17.9B |
| Cost of Revenue | $12.9B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.5B |
| Other Expenses | -$14M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $17.4B |
| OPERATING INCOME | $531M |
| Interest Income | $0 |
| Interest Expense | $90M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $460M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $343M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $343M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $343M |
| D&A | $563M |
| EBIT | $550M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $17.9B |
| Cost of Revenue | $12.9B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.5B |
| Other Expenses | -$14M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $17.4B |
| OPERATING INCOME | $531M |
| Interest Income | $0 |
| Interest Expense | $90M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | $460M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $343M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $343M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $343M |
| D&A | $563M |
| EBIT | $550M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $343M |
| Depreciation & Amortization | $563M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $56M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$340M |
| OPERATING CASH FLOW | $660M |
| Capital Expenditure | -$447M |
| Acquisitions (Net) | $22M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$426M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$64M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $213M |
| Net Change in Cash | $137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $18M |
| Net Receivables | $652M |
| Inventory | $4.7B |
| Other Current Assets | $448M |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $14.9B |
| Goodwill | $1.2B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $117M |
| Tax Assets | $0 |
| Other Non-Current Assets | $861M |
| TOTAL NON-CURRENT ASSETS | $19.5B |
| TOTAL ASSETS | $28.8B |
| Account Payables | $4.0B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $7.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $858M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $24.4B |
| Common Stock | $6M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$947M |
| Accum. Other Comp. Income | $66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $28.8B |
| Total Debt | $14.7B |
| Net Debt | $11.3B |
