| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.5B | $2.2B | -2.0% | 13.1% |
| Op. Income | $483M | $531M | $567M | -9.0% | -14.8% |
| Gross Margin | 28.4% | 29.4% | 34.6% | -1.0pp | -6.3pp |
| Net Margin | 17.5% | 19.8% | 24.5% | -2.3pp | -7.0pp |
| EPS (Diluted) | $3.98 | $4.61 | $4.77 | -13.7% | -16.6% |
| Free Cash Flow | $371M | $179M | $317M | 107.3% | 17.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $705M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $197M |
| Other Expenses | -$1M |
| Operating Expenses | $222M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $483M |
| Interest Income | $1M |
| Interest Expense | $48M |
| Other Income/Expenses | $71M |
| INCOME BEFORE TAX | $554M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $442M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $434M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $434M |
| D&A | $107M |
| EBIT | $602M |
| EBITDA | $709M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $705M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $197M |
| Other Expenses | -$1M |
| Operating Expenses | $222M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $483M |
| Interest Income | $1M |
| Interest Expense | $48M |
| Other Income/Expenses | $71M |
| INCOME BEFORE TAX | $554M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $442M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $434M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $434M |
| D&A | $107M |
| EBIT | $602M |
| EBITDA | $709M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $436M |
| Depreciation & Amortization | $107M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $495M |
| Capital Expenditure | -$124M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$74M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$159M |
| FREE CASH FLOW | $371M |
| Net Change in Cash | $178M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $783M |
| Short-Term Investments | $7M |
| Net Receivables | $1.8B |
| Inventory | $1.7B |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $4.4B |
| Goodwill | $1.3B |
| Intangible Assets | $675M |
| Long-Term Investments | $935M |
| Tax Assets | $232M |
| Other Non-Current Assets | $642M |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $1.3B |
| Short-Term Debt | $809M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $589M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $344M |
| Retained Earnings | $10.5B |
| Treasury Stock | -$5.5B |
| Accum. Other Comp. Income | -$438M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $345M |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $4.1B |
| Net Debt | $3.3B |
