| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47.2B | $48.8B | — | -3.3% | — |
| Op. Income | $6.3B | $7.7B | — | -18.2% | — |
| Gross Margin | 31.2% | 32.6% | — | -1.4pp | — |
| Net Margin | 12.7% | 13.5% | — | -0.7pp | — |
| EPS (Diluted) | $3.20 | $3.46 | — | -7.5% | — |
| Free Cash Flow | $2.5B | $4.2B | — | -39.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $47.2B |
| Cost of Revenue | $32.5B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $7.3B |
| Operating Expenses | $8.4B |
| Cost & Expenses | $40.9B |
| OPERATING INCOME | $6.3B |
| Interest Income | $0 |
| Interest Expense | $120M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $7.8B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $6.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.0B |
| D&A | $3.6B |
| EBIT | $8.0B |
| EBITDA | $11.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $47.2B |
| Cost of Revenue | $32.5B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $7.3B |
| Operating Expenses | $8.4B |
| Cost & Expenses | $40.9B |
| OPERATING INCOME | $6.3B |
| Interest Income | $0 |
| Interest Expense | $120M |
| Other Income/Expenses | $1.5B |
| INCOME BEFORE TAX | $7.8B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $6.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.0B |
| D&A | $3.6B |
| EBIT | $8.0B |
| EBITDA | $11.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $6.0B |
| Depreciation & Amortization | $3.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $671M |
| Other Non-Cash Items | -$751M |
| Change in Working Capital | -$3.2B |
| OPERATING CASH FLOW | $6.3B |
| Capital Expenditure | -$3.8B |
| Acquisitions (Net) | $186M |
| Purchases of Investments | -$287M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | -$187M |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | -$4.4B |
| Common Dividends Paid | -$2.8B |
| Other Financing Activities | $41M |
| NET CASH FROM FINANCING | -$8.7B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$6.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.3B |
| Short-Term Investments | $318M |
| Net Receivables | $19.3B |
| Inventory | $9.2B |
| Other Current Assets | $4.7B |
| TOTAL CURRENT ASSETS | $42.8B |
| PP&E (Net) | $142.8B |
| Goodwill | $4.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $46.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.7B |
| TOTAL NON-CURRENT ASSETS | $209.0B |
| TOTAL ASSETS | $251.8B |
| Account Payables | $18.7B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $29.8B |
| Long-Term Debt | $20.2B |
| Deferred Revenue NC | $20.0B |
| Deferred Tax Liabilities | $18.5B |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $62.6B |
| TOTAL LIABILITIES | $92.5B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $18.8B |
| Retained Earnings | $196.9B |
| Treasury Stock | -$56.2B |
| Accum. Other Comp. Income | -$3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158.3B |
| Minority Interest | $973M |
| TOTAL EQUITY | $159.3B |
| TOTAL LIABILITIES & EQUITY | $251.8B |
| Total Debt | $21.5B |
| Net Debt | $12.2B |
