| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41.1B | $37.5B | $38.1B | 9.6% | 8.1% |
| Op. Income | $6.6B | $5.8B | $6.1B | 14.8% | 9.4% |
| Gross Margin | 33.2% | 34.0% | 34.0% | -0.7pp | -0.8pp |
| Net Margin | 11.7% | 11.1% | 11.4% | 0.6pp | 0.3pp |
| EPS (Diluted) | $4.53 | $3.86 | $4.02 | 17.4% | 12.7% |
| Free Cash Flow | $3.1B | $5.8B | $8.6B | -46.1% | -63.9% |
| Item | Amount |
|---|---|
| REVENUE | $41.1B |
| Cost of Revenue | $27.5B |
| GROSS PROFIT | $13.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.4B |
| Other Expenses | $593M |
| Operating Expenses | $7.0B |
| Cost & Expenses | $34.5B |
| OPERATING INCOME | $6.6B |
| Interest Income | $5M |
| Interest Expense | $326M |
| Other Income/Expenses | -$321M |
| INCOME BEFORE TAX | $6.3B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.8B |
| D&A | $711M |
| EBIT | $6.6B |
| EBITDA | $7.4B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $41.1B |
| Cost of Revenue | $27.5B |
| GROSS PROFIT | $13.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.4B |
| Other Expenses | $593M |
| Operating Expenses | $7.0B |
| Cost & Expenses | $34.5B |
| OPERATING INCOME | $6.6B |
| Interest Income | $5M |
| Interest Expense | $326M |
| Other Income/Expenses | -$321M |
| INCOME BEFORE TAX | $6.3B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.8B |
| D&A | $711M |
| EBIT | $6.6B |
| EBITDA | $7.4B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $4.8B |
| Depreciation & Amortization | $711M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$1.9B |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$518M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$412M |
| NET CASH FROM INVESTING | -$930M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$3.1B |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$4.8B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | -$2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $18.9B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $28.3B |
| PP&E (Net) | $30.7B |
| Goodwill | $7.5B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $42.5B |
| TOTAL ASSETS | $70.8B |
| Account Payables | $12.8B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $3.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26.7B |
| Long-Term Debt | $33.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.9B |
| TOTAL NON-CURRENT LIABILITIES | $42.0B |
| TOTAL LIABILITIES | $68.7B |
| Common Stock | $90M |
| Additional Paid-In Capital | $11.8B |
| Retained Earnings | $63.6B |
| Treasury Stock | -$72.8B |
| Accum. Other Comp. Income | -$585M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $70.8B |
| Total Debt | $42.3B |
| Net Debt | $37.8B |
