| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.6B | $18.3B | $17.3B | 1.5% | 7.7% |
| Op. Income | $1.6B | $1.5B | $1.5B | 3.9% | 4.3% |
| Gross Margin | 17.6% | 18.0% | 19.2% | -0.5pp | -1.7pp |
| Net Margin | 4.3% | 5.7% | 5.1% | -1.4pp | -0.8pp |
| EPS (Diluted) | $0.36 | $0.46 | $0.35 | -22.3% | 1.7% |
| Free Cash Flow | $77M | -$554M | $641M | 113.8% | -88.0% |
| Item | Amount |
|---|---|
| REVENUE | $18.6B |
| Cost of Revenue | $15.3B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $559M |
| SG&A Expenses | $1.7B |
| Other Expenses | $2M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $17.0B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $281M |
| Other Income/Expenses | -$502M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $186M |
| Net Income from Continuing Ops | $863M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $796M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $796M |
| D&A | $289M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18.6B |
| Cost of Revenue | $15.3B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $559M |
| SG&A Expenses | $1.7B |
| Other Expenses | $2M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $17.0B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $281M |
| Other Income/Expenses | -$502M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $186M |
| Net Income from Continuing Ops | $863M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $796M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $796M |
| D&A | $289M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $796M |
| Depreciation & Amortization | $474M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$689M |
| OPERATING CASH FLOW | $606M |
| Capital Expenditure | -$530M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | -$510M |
| Net Debt Issuance | $816M |
| Common Stock Repurchased | -$413M |
| Common Dividends Paid | -$447M |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $430M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $7.5B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $16.9B |
| PP&E (Net) | $13.6B |
| Goodwill | $6.2B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $56M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $24.4B |
| TOTAL ASSETS | $41.4B |
| Account Payables | $5.5B |
| Short-Term Debt | $3.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $17.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $20.6B |
| TOTAL LIABILITIES | $32.0B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $931M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.6B |
| Minority Interest | $726M |
| TOTAL EQUITY | $9.4B |
| TOTAL LIABILITIES & EQUITY | $41.4B |
| Total Debt | $21.8B |
| Net Debt | $17.9B |
