| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | — | $5.6B | — | -1.2% |
| Op. Income | $497M | — | $417M | — | 19.0% |
| Gross Margin | 24.5% | — | 24.8% | — | -0.3pp |
| Net Margin | 3.9% | — | 2.9% | — | 1.0pp |
| EPS (Diluted) | $0.19 | — | $0.19 | — | 0.0% |
| Free Cash Flow | $331M | — | $996M | — | -66.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $54M |
| Selling & Marketing | $223M |
| General & Administrative | $679M |
| SG&A Expenses | $901M |
| Other Expenses | -$89M |
| Operating Expenses | $866M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $497M |
| Interest Income | $21M |
| Interest Expense | $120M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $398M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $219M |
| D&A | $452M |
| EBIT | $518M |
| EBITDA | $970M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $54M |
| Selling & Marketing | $223M |
| General & Administrative | $679M |
| SG&A Expenses | $901M |
| Other Expenses | -$89M |
| Operating Expenses | $866M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $497M |
| Interest Income | $21M |
| Interest Expense | $120M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $398M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $219M |
| D&A | $452M |
| EBIT | $518M |
| EBITDA | $970M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $219M |
| Depreciation & Amortization | $449M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | -$102M |
| OPERATING CASH FLOW | $517M |
| Capital Expenditure | -$186M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $571M |
| NET CASH FROM INVESTING | $377M |
| Net Debt Issuance | -$783M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$408M |
| Other Financing Activities | $213M |
| NET CASH FROM FINANCING | -$979M |
| FREE CASH FLOW | $331M |
| Net Change in Cash | -$94M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $4.7B |
| Inventory | $2.6B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $10.2B |
| PP&E (Net) | $8.5B |
| Goodwill | $17.3B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $758M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $29.5B |
| TOTAL ASSETS | $39.6B |
| Account Payables | $917M |
| Short-Term Debt | $939M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.9B |
| TOTAL NON-CURRENT LIABILITIES | $14.9B |
| TOTAL LIABILITIES | $21.9B |
| Common Stock | $343M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $12.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$725M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.3B |
| Minority Interest | $1.5B |
| TOTAL EQUITY | $17.8B |
| TOTAL LIABILITIES & EQUITY | $39.6B |
| Total Debt | $13.8B |
| Net Debt | $12.5B |
