| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.3B | $10.1B | — | 11.8% | — |
| Op. Income | $1.1B | $1.2B | — | -11.0% | — |
| Gross Margin | 23.3% | 25.2% | — | -1.9pp | — |
| Net Margin | 6.5% | 8.5% | — | -2.0pp | — |
| EPS (Diluted) | $0.39 | $0.45 | — | -14.5% | — |
| Free Cash Flow | $1.2B | $650M | — | 85.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $11.3B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $128M |
| SG&A Expenses | $128M |
| Other Expenses | $1.4B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $10.2B |
| OPERATING INCOME | $1.1B |
| Interest Income | $27M |
| Interest Expense | $119M |
| Other Income/Expenses | -$140M |
| INCOME BEFORE TAX | $957M |
| Income Tax Expense | $226M |
| Net Income from Continuing Ops | $731M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $731M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $724M |
| D&A | $901M |
| EBIT | $1.1B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11.3B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $128M |
| SG&A Expenses | $128M |
| Other Expenses | $1.4B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $10.2B |
| OPERATING INCOME | $1.1B |
| Interest Income | $27M |
| Interest Expense | $119M |
| Other Income/Expenses | -$140M |
| INCOME BEFORE TAX | $957M |
| Income Tax Expense | $226M |
| Net Income from Continuing Ops | $731M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $731M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $724M |
| D&A | $901M |
| EBIT | $1.1B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $731M |
| Depreciation & Amortization | $942M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $361M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$844M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$855M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$322M |
| Common Dividends Paid | -$428M |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | -$666M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $551M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.8B |
| Inventory | $3.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $29.0B |
| Goodwill | $2.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $505M |
| Tax Assets | $461M |
| Other Non-Current Assets | $316M |
| TOTAL NON-CURRENT ASSETS | $32.4B |
| TOTAL ASSETS | $40.9B |
| Account Payables | $4.7B |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $13.8B |
| TOTAL LIABILITIES | $19.0B |
| Common Stock | $11.6B |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $7.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.3B |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $21.9B |
| Minority Interest | $10M |
| TOTAL EQUITY | $21.9B |
| TOTAL LIABILITIES & EQUITY | $40.9B |
| Total Debt | $7.3B |
| Net Debt | $5.0B |
