| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.3B | $15.2B | $13.6B | 13.8% | 26.7% |
| Op. Income | $1.5B | $932M | $1.7B | 59.5% | -12.5% |
| Gross Margin | 19.2% | 14.8% | 21.5% | 4.5pp | -2.3pp |
| Net Margin | 5.1% | 2.7% | 5.0% | 2.4pp | 0.1pp |
| EPS (Diluted) | $0.35 | $0.16 | $0.26 | 116.0% | 37.8% |
| Free Cash Flow | $641M | -$702M | $1.9B | 191.3% | -66.5% |
| Item | Amount |
|---|---|
| REVENUE | $17.3B |
| Cost of Revenue | $13.9B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $902M |
| General & Administrative | $956M |
| SG&A Expenses | $1.9B |
| Other Expenses | -$25M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $192M |
| Other Income/Expenses | -$228M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $411M |
| Net Income from Continuing Ops | $848M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $883M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $883M |
| D&A | $435M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17.3B |
| Cost of Revenue | $13.9B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $902M |
| General & Administrative | $956M |
| SG&A Expenses | $1.9B |
| Other Expenses | -$25M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $192M |
| Other Income/Expenses | -$228M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $411M |
| Net Income from Continuing Ops | $848M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $883M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $883M |
| D&A | $435M |
| EBIT | $1.5B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $883M |
| Depreciation & Amortization | $435M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.2B |
| Change in Working Capital | -$1.5B |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$400M |
| Acquisitions (Net) | -$416M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$805M |
| Net Debt Issuance | $2.2B |
| Common Stock Repurchased | -$190M |
| Common Dividends Paid | -$506M |
| Other Financing Activities | -$76M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $641M |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $5.8B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $13.7B |
| PP&E (Net) | $11.1B |
| Goodwill | $6.1B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $40M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $21.0B |
| TOTAL ASSETS | $34.7B |
| Account Payables | $4.4B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $12.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $16.3B |
| TOTAL LIABILITIES | $25.6B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.4B |
| Minority Interest | $668M |
| TOTAL EQUITY | $9.1B |
| TOTAL LIABILITIES & EQUITY | $34.7B |
| Total Debt | $16.2B |
| Net Debt | $12.8B |
