| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.1B | $3.8B | 14.9% | 56.5% |
| Op. Income | $2.7B | $2.3B | $961M | 18.0% | 180.0% |
| Gross Margin | 54.7% | 52.1% | 45.9% | 2.6pp | 8.8pp |
| Net Margin | 37.7% | 30.0% | 12.9% | 7.7pp | 24.8pp |
| EPS (Diluted) | $2.95 | $2.05 | $0.65 | 43.9% | 353.8% |
| Free Cash Flow | $1.3B | $1.8B | -$518M | -28.8% | 341.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $572M |
| Other Expenses | -$44M |
| Operating Expenses | $528M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $2.7B |
| Interest Income | $2M |
| Interest Expense | $297M |
| Other Income/Expenses | -$315M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $463M |
| EBIT | $2.7B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $572M |
| Other Expenses | -$44M |
| Operating Expenses | $528M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $2.7B |
| Interest Income | $2M |
| Interest Expense | $297M |
| Other Income/Expenses | -$315M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $463M |
| EBIT | $2.7B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $463M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | -$369M |
| Other Non-Cash Items | -$71M |
| Change in Working Capital | -$546M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$483M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $66M |
| NET CASH FROM INVESTING | -$414M |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$963M |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $48M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $38.3B |
| Goodwill | $2.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $46.2B |
| TOTAL ASSETS | $51.9B |
| Account Payables | $731M |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $34.9B |
| Deferred Revenue NC | $715M |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $2.9B |
| TOTAL NON-CURRENT LIABILITIES | $53.8B |
| TOTAL LIABILITIES | $57.7B |
| Common Stock | $17M |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | $55.7B |
| Treasury Stock | -$67.0B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5.8B |
| TOTAL LIABILITIES & EQUITY | $51.9B |
| Total Debt | $49.3B |
| Net Debt | $46.2B |
