| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.2B | $4.4B | 0.9% | -3.4% |
| Op. Income | $507M | $522M | $420M | -2.8% | 20.6% |
| Gross Margin | 41.5% | 40.9% | 33.7% | 0.6pp | 7.9pp |
| Net Margin | 9.5% | 9.3% | 8.5% | 0.2pp | 1.0pp |
| EPS (Diluted) | $0.35 | $0.34 | $0.32 | 4.0% | 10.7% |
| Free Cash Flow | $2.3B | $1.2B | $1.7B | 96.5% | 37.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $974M |
| Other Expenses | $296M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $507M |
| Interest Income | $538M |
| Interest Expense | $300M |
| Other Income/Expenses | $89M |
| INCOME BEFORE TAX | $596M |
| Income Tax Expense | $179M |
| Net Income from Continuing Ops | $417M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $408M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $408M |
| D&A | $583M |
| EBIT | $819M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $974M |
| Other Expenses | $296M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $507M |
| Interest Income | $538M |
| Interest Expense | $300M |
| Other Income/Expenses | $89M |
| INCOME BEFORE TAX | $596M |
| Income Tax Expense | $179M |
| Net Income from Continuing Ops | $417M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $408M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $408M |
| D&A | $583M |
| EBIT | $819M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $408M |
| Depreciation & Amortization | $583M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $529M |
| Change in Working Capital | $879M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | -$3.4B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$282M |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | $654M |
| Common Stock Repurchased | -$133M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$256M |
| NET CASH FROM FINANCING | $265M |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.7B |
| Short-Term Investments | $29M |
| Net Receivables | $34.0B |
| Inventory | $1.4B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $42.7B |
| PP&E (Net) | $5.6B |
| Goodwill | $4.1B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $26.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.6B |
| TOTAL NON-CURRENT ASSETS | $56.2B |
| TOTAL ASSETS | $99.0B |
| Account Payables | $2.1B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $9.4B |
| Long-Term Debt | $34.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31.3B |
| TOTAL NON-CURRENT LIABILITIES | $65.4B |
| TOTAL LIABILITIES | $74.9B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $19.6B |
| Treasury Stock | -$957M |
| Accum. Other Comp. Income | $2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.6B |
| Minority Interest | $518M |
| TOTAL EQUITY | $24.1B |
| TOTAL LIABILITIES & EQUITY | $99.0B |
| Total Debt | $37.8B |
| Net Debt | $32.1B |
