| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.5B | $9.1B | $8.6B | 4.3% | 10.5% |
| Op. Income | $533M | $510M | $341M | 4.4% | 56.5% |
| Gross Margin | 13.1% | 13.3% | 11.7% | -0.2pp | 1.4pp |
| Net Margin | 3.9% | 4.0% | 2.8% | -0.1pp | 1.1pp |
| EPS (Diluted) | $5.54 | $5.31 | $3.23 | 4.3% | 71.5% |
| Free Cash Flow | -$100M | -$220M | $260M | 54.6% | -138.2% |
| Item | Amount |
|---|---|
| REVENUE | $9.5B |
| Cost of Revenue | $8.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $654M |
| SG&A Expenses | $654M |
| Other Expenses | $49M |
| Operating Expenses | $703M |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $533M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $486M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $371M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $370M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $370M |
| D&A | $47M |
| EBIT | $524M |
| EBITDA | $572M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $9.5B |
| Cost of Revenue | $8.2B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $654M |
| SG&A Expenses | $654M |
| Other Expenses | $49M |
| Operating Expenses | $703M |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $533M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $486M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $371M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $370M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $370M |
| D&A | $47M |
| EBIT | $524M |
| EBITDA | $572M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $371M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$516M |
| OPERATING CASH FLOW | -$83M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $373.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $375M |
| Common Stock Repurchased | -$220M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $160M |
| FREE CASH FLOW | -$100M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $10.9B |
| Inventory | $4.9B |
| Other Current Assets | $461M |
| TOTAL CURRENT ASSETS | $16.4B |
| PP&E (Net) | $626M |
| Goodwill | $2.0B |
| Intangible Assets | $176M |
| Long-Term Investments | $159M |
| Tax Assets | $0 |
| Other Non-Current Assets | $489M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $19.9B |
| Account Payables | $9.2B |
| Short-Term Debt | $626M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.0B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $607M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $14.5B |
| Common Stock | $125M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $8.5B |
| Treasury Stock | -$4.1B |
| Accum. Other Comp. Income | -$426M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $58M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $19.9B |
| Total Debt | $3.5B |
| Net Debt | $3.3B |
