| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.8B | $11.7B | $11.6B | 1.1% | 1.5% |
| Op. Income | $2.6B | $2.3B | $2.3B | 11.7% | 12.9% |
| Gross Margin | 44.7% | 42.1% | 42.2% | 2.6pp | 2.5pp |
| Net Margin | -0.5% | 6.6% | 12.8% | -7.2pp | -13.3pp |
| EPS (Diluted) | $-0.02 | $0.25 | $0.47 | -109.1% | -104.9% |
| Free Cash Flow | $1.9B | $514M | $1.6B | 276.6% | 21.0% |
| Item | Amount |
|---|---|
| REVENUE | $11.8B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $5.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.7B |
| General & Administrative | $878M |
| SG&A Expenses | $2.6B |
| Other Expenses | $101M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $2.6B |
| Interest Income | $117M |
| Interest Expense | $845M |
| Other Income/Expenses | -$2.4B |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $246M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$63M |
| D&A | $2.2B |
| EBIT | $2.6B |
| EBITDA | $4.8B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$63M |
| Depreciation & Amortization | $2.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.5B |
| Change in Working Capital | -$940M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$1.7B |
| Acquisitions (Net) | -$103M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$289M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | -$505M |
| Common Stock Repurchased | -$446M |
| Common Dividends Paid | -$725.1K |
| Other Financing Activities | -$393M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $228M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $3.1B |
| Net Receivables | $6.6B |
| Inventory | $1.3B |
| Other Current Assets | $7.2B |
| TOTAL CURRENT ASSETS | $20.0B |
| PP&E (Net) | $46.8B |
| Goodwill | $8.5B |
| Intangible Assets | $7.4B |
| Long-Term Investments | $2.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.9B |
| TOTAL NON-CURRENT ASSETS | $75.6B |
| TOTAL ASSETS | $95.6B |
| Account Payables | $2.9B |
| Short-Term Debt | $6.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.4B |
| TOTAL CURRENT LIABILITIES | $28.3B |
| Long-Term Debt | $23.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.8B |
| TOTAL NON-CURRENT LIABILITIES | $43.4B |
| TOTAL LIABILITIES | $71.6B |
| Common Stock | $5.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $29.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.8B |
| Minority Interest | $3.2B |
| TOTAL EQUITY | $24.0B |
| TOTAL LIABILITIES & EQUITY | $95.6B |
| Total Debt | $40.4B |
| Net Debt | $38.6B |
