| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.8B | — | $13.2B | — | 4.3% |
| Op. Income | $844M | — | -$1.5B | — | 155.0% |
| Gross Margin | 9.8% | — | -7.9% | — | 17.7pp |
| Net Margin | 0.3% | — | -9.7% | — | 10.0pp |
| EPS (Diluted) | $0.03 | — | $-1.00 | — | 103.4% |
| Free Cash Flow | -$1.2B | — | -$3.5B | — | 64.7% |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $12.5B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $371M |
| SG&A Expenses | $377M |
| Other Expenses | $138M |
| Operating Expenses | $515M |
| Cost & Expenses | $13.0B |
| OPERATING INCOME | $844M |
| Interest Income | $69M |
| Interest Expense | $764M |
| Other Income/Expenses | -$608M |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $2.3B |
| EBIT | $1000M |
| EBITDA | $3.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13.8B |
| Cost of Revenue | $12.5B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $371M |
| SG&A Expenses | $377M |
| Other Expenses | $138M |
| Operating Expenses | $515M |
| Cost & Expenses | $13.0B |
| OPERATING INCOME | $844M |
| Interest Income | $69M |
| Interest Expense | $764M |
| Other Income/Expenses | -$608M |
| INCOME BEFORE TAX | $236M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $2.3B |
| EBIT | $1000M |
| EBITDA | $3.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $2.3B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $158M |
| Other Non-Cash Items | $101M |
| Change in Working Capital | -$1.4B |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$2.5B |
| Acquisitions (Net) | -$76M |
| Purchases of Investments | -$328M |
| Sales/Maturities of Investments | $904M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $371M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$58M |
| Other Financing Activities | $95M |
| NET CASH FROM FINANCING | $408M |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | -$198M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.4B |
| Net Receivables | $7.0B |
| Inventory | $6.5B |
| Other Current Assets | $719M |
| TOTAL CURRENT ASSETS | $18.0B |
| PP&E (Net) | $123.4B |
| Goodwill | $67M |
| Intangible Assets | $313M |
| Long-Term Investments | $9.1B |
| Tax Assets | $9.1B |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $144.8B |
| TOTAL ASSETS | $162.8B |
| Account Payables | $2.7B |
| Short-Term Debt | $34.7B |
| Deferred Revenue | $537M |
| Other Current Liabilities | $6.6B |
| TOTAL CURRENT LIABILITIES | $48.6B |
| Long-Term Debt | $54.2B |
| Deferred Revenue NC | $7.5B |
| Deferred Tax Liabilities | $3.7B |
| Other Non-Current Liabilities | $20.9B |
| TOTAL NON-CURRENT LIABILITIES | $88.4B |
| TOTAL LIABILITIES | $137.0B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $11.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $732M |
| Other Equity | $8.6B |
| TOTAL STOCKHOLDERS' EQUITY | $24.9B |
| Minority Interest | $973M |
| TOTAL EQUITY | $25.8B |
| TOTAL LIABILITIES & EQUITY | $162.8B |
| Total Debt | $91.4B |
| Net Debt | $89.6B |
