| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | — | -0.6% | — |
| Op. Income | $206M | $1.5B | — | -86.7% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 10.9% | 18.7% | — | -7.9pp | — |
| EPS (Diluted) | $1.96 | $3.40 | — | -42.4% | — |
| Free Cash Flow | -$24M | $480M | — | -105.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.3B |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $206M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $27M |
| EBIT | $229M |
| EBITDA | $256M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.3B |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $206M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $167M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $167M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $27M |
| EBIT | $229M |
| EBITDA | $256M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $167M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $118M |
| Change in Working Capital | -$274M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $610M |
| Net Debt Issuance | -$383M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$726M |
| Other Financing Activities | $270M |
| NET CASH FROM FINANCING | -$835M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$214M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $967M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $108M |
| Goodwill | $246M |
| Intangible Assets | $394M |
| Long-Term Investments | $1.6B |
| Tax Assets | $10.0B |
| Other Non-Current Assets | $7.2B |
| TOTAL NON-CURRENT ASSETS | $19.6B |
| TOTAL ASSETS | $23.5B |
| Account Payables | $971M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.2B |
| TOTAL NON-CURRENT LIABILITIES | $10.8B |
| TOTAL LIABILITIES | $19.4B |
| Common Stock | $85M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$348M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $23.5B |
| Total Debt | $1.7B |
| Net Debt | $699M |
