| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.4B | $3.7B | 1.8% | -6.8% |
| Op. Income | $466M | $285M | $539M | 63.3% | -13.6% |
| Gross Margin | 38.3% | 34.1% | 38.3% | 4.1pp | -0.0pp |
| Net Margin | 8.0% | 9.3% | 15.3% | -1.3pp | -7.3pp |
| EPS (Diluted) | $0.22 | $0.25 | $0.44 | -12.3% | -50.0% |
| Free Cash Flow | $2.0B | $1.2B | $2.1B | 75.8% | -4.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $691M |
| Other Expenses | $155M |
| Operating Expenses | $846M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $466M |
| Interest Income | $416M |
| Interest Expense | $122M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $274M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $274M |
| D&A | $489M |
| EBIT | $615M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $691M |
| Other Expenses | $155M |
| Operating Expenses | $846M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $466M |
| Interest Income | $416M |
| Interest Expense | $122M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $274M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $274M |
| D&A | $489M |
| EBIT | $615M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $274M |
| Depreciation & Amortization | $489M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $652M |
| Change in Working Capital | $720M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$107M |
| Acquisitions (Net) | $19M |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$393M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $205M |
| NET CASH FROM FINANCING | -$196M |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $796M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.4B |
| Short-Term Investments | $0 |
| Net Receivables | $31.0B |
| Inventory | $847M |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $40.3B |
| PP&E (Net) | $4.8B |
| Goodwill | $2.7B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $17.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.9B |
| TOTAL NON-CURRENT ASSETS | $42.2B |
| TOTAL ASSETS | $82.5B |
| Account Payables | $1.2B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $26.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30.6B |
| TOTAL NON-CURRENT LIABILITIES | $57.3B |
| TOTAL LIABILITIES | $63.4B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $17.3B |
| Treasury Stock | -$715M |
| Accum. Other Comp. Income | -$779M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.7B |
| Minority Interest | $382M |
| TOTAL EQUITY | $19.0B |
| TOTAL LIABILITIES & EQUITY | $82.5B |
| Total Debt | $29.2B |
| Net Debt | $21.8B |
