| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58.4B | $57.8B | $55.3B | 1.1% | 5.7% |
| Op. Income | $2.1B | $2.0B | $1.9B | 3.9% | 8.4% |
| Gross Margin | 12.5% | 12.7% | 12.4% | -0.2pp | 0.1pp |
| Net Margin | 3.0% | 2.7% | 2.7% | 0.2pp | 0.3pp |
| EPS (Diluted) | $3.92 | $3.58 | $3.30 | 9.5% | 18.8% |
| Free Cash Flow | -$300M | $3.6B | $2.3B | -108.3% | -113.0% |
| Item | Amount |
|---|---|
| REVENUE | $58.4B |
| Cost of Revenue | $51.1B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $0 |
| Operating Expenses | $5.2B |
| Cost & Expenses | $56.4B |
| OPERATING INCOME | $2.1B |
| Interest Income | $185M |
| Interest Expense | $41M |
| Other Income/Expenses | $175M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $494M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $514M |
| EBIT | $2.3B |
| EBITDA | $2.8B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $58.4B |
| Cost of Revenue | $51.1B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.2B |
| Other Expenses | $0 |
| Operating Expenses | $5.2B |
| Cost & Expenses | $56.4B |
| OPERATING INCOME | $2.1B |
| Interest Income | $185M |
| Interest Expense | $41M |
| Other Income/Expenses | $175M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $494M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $514M |
| EBIT | $2.3B |
| EBITDA | $2.8B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $514M |
| Stock-Based Compensation | $136M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $731M |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$519M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$160M |
| Common Dividends Paid | -$7.1B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7.3B |
| FREE CASH FLOW | -$300M |
| Net Change in Cash | -$7.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.1B |
| Short-Term Investments | $1.2B |
| Net Receivables | $2.8B |
| Inventory | $17.1B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $32.1B |
| PP&E (Net) | $30.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.8B |
| TOTAL NON-CURRENT ASSETS | $34.2B |
| TOTAL ASSETS | $66.3B |
| Account Payables | $17.5B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $34.7B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $10.9B |
| TOTAL LIABILITIES | $45.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $7.6B |
| Retained Earnings | $15.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.8B |
| TOTAL LIABILITIES & EQUITY | $66.3B |
| Total Debt | $9.4B |
| Net Debt | $338M |
