| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49.6B | $46.6B | $47.2B | 6.4% | 5.0% |
| Op. Income | $5.6B | $6.0B | $6.3B | -6.1% | -11.5% |
| Gross Margin | 29.7% | 31.7% | 31.2% | -2.0pp | -1.5pp |
| Net Margin | 8.9% | 11.8% | 12.7% | -2.9pp | -3.8pp |
| EPS (Diluted) | $2.43 | $2.97 | $3.20 | -18.2% | -24.1% |
| Free Cash Flow | $2.4B | $2.9B | $2.5B | -18.4% | -5.6% |
| Item | Amount |
|---|---|
| REVENUE | $49.6B |
| Cost of Revenue | $34.9B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $8.1B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $44.0B |
| OPERATING INCOME | $5.6B |
| Interest Income | $0 |
| Interest Expense | $113M |
| Other Income/Expenses | $1.4B |
| INCOME BEFORE TAX | $7.0B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $4.2B |
| EBIT | $7.1B |
| EBITDA | $11.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $49.6B |
| Cost of Revenue | $34.9B |
| GROSS PROFIT | $14.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $8.1B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $44.0B |
| OPERATING INCOME | $5.6B |
| Interest Income | $0 |
| Interest Expense | $113M |
| Other Income/Expenses | $1.4B |
| INCOME BEFORE TAX | $7.0B |
| Income Tax Expense | $2.6B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.4B |
| D&A | $4.2B |
| EBIT | $7.1B |
| EBITDA | $11.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.4B |
| Depreciation & Amortization | $4.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $454M |
| Other Non-Cash Items | $92M |
| Change in Working Capital | -$2.7B |
| OPERATING CASH FLOW | $6.3B |
| Capital Expenditure | -$3.9B |
| Acquisitions (Net) | $63M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$4.0B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4.6B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | -$2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.0B |
| Short-Term Investments | $0 |
| Net Receivables | $20.8B |
| Inventory | $10.5B |
| Other Current Assets | $4.1B |
| TOTAL CURRENT ASSETS | $39.4B |
| PP&E (Net) | $153.0B |
| Goodwill | $4.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $47.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.9B |
| TOTAL NON-CURRENT ASSETS | $221.3B |
| TOTAL ASSETS | $260.6B |
| Account Payables | $21.0B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34.0B |
| Long-Term Debt | $21.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19.5B |
| Other Non-Current Liabilities | $25.4B |
| TOTAL NON-CURRENT LIABILITIES | $66.4B |
| TOTAL LIABILITIES | $100.4B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $21.5B |
| Retained Earnings | $204.0B |
| Treasury Stock | -$64.9B |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $159.2B |
| Minority Interest | $1.0B |
| TOTAL EQUITY | $160.3B |
| TOTAL LIABILITIES & EQUITY | $260.6B |
| Total Debt | $23.2B |
| Net Debt | $19.2B |
