| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.7B | $2.7B | 0.1% | 1.1% |
| Op. Income | $634M | $846M | $1.0B | -25.1% | -39.2% |
| Gross Margin | 71.8% | 79.2% | 82.8% | -7.4pp | -11.0pp |
| Net Margin | 17.6% | 24.0% | 33.2% | -6.4pp | -15.6pp |
| EPS (Diluted) | $1.40 | $1.86 | $2.41 | -24.7% | -41.9% |
| Free Cash Flow | $978M | $695M | -$1.3B | 40.7% | 174.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $771M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $77M |
| General & Administrative | $677M |
| SG&A Expenses | $754M |
| Other Expenses | $578M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $634M |
| Interest Income | $2.5B |
| Interest Expense | $467M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $634M |
| Income Tax Expense | $152M |
| Net Income from Continuing Ops | $482M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $482M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $454M |
| D&A | $327M |
| EBIT | $634M |
| EBITDA | $961M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $771M |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $77M |
| General & Administrative | $677M |
| SG&A Expenses | $754M |
| Other Expenses | $578M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $634M |
| Interest Income | $2.5B |
| Interest Expense | $467M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $634M |
| Income Tax Expense | $152M |
| Net Income from Continuing Ops | $482M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $482M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $454M |
| D&A | $327M |
| EBIT | $634M |
| EBITDA | $961M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $482M |
| Depreciation & Amortization | $327M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $107M |
| Change in Working Capital | $915M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$853M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$2.7B |
| NET CASH FROM INVESTING | -$3.8B |
| Net Debt Issuance | $4.9B |
| Common Stock Repurchased | -$600M |
| Common Dividends Paid | -$99M |
| Other Financing Activities | -$2.1B |
| NET CASH FROM FINANCING | $2.1B |
| FREE CASH FLOW | $978M |
| Net Change in Cash | $144M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $28.0B |
| Net Receivables | $790M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33.0B |
| PP&E (Net) | $11.9B |
| Goodwill | $822M |
| Intangible Assets | $112M |
| Long-Term Investments | $134.5B |
| Tax Assets | $908M |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $152.7B |
| TOTAL ASSETS | $185.7B |
| Account Payables | $804M |
| Short-Term Debt | $11.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $140.4B |
| TOTAL CURRENT LIABILITIES | $152.6B |
| Long-Term Debt | $13.4B |
| Deferred Revenue NC | $174M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $19.2B |
| TOTAL LIABILITIES | $171.7B |
| Common Stock | $21.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$721M |
| Treasury Stock | -$6.4B |
| Accum. Other Comp. Income | -$3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.0B |
| TOTAL LIABILITIES & EQUITY | $185.7B |
| Total Debt | $24.9B |
| Net Debt | $20.7B |
