| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $5.7B | $5.9B | 0.9% | -2.9% |
| Op. Income | $1.7B | $2.3B | $2.7B | -26.0% | -36.4% |
| Gross Margin | 57.7% | 53.8% | 54.7% | 3.9pp | 3.1pp |
| Net Margin | 20.8% | 19.5% | 37.7% | 1.3pp | -16.9pp |
| EPS (Diluted) | $1.60 | $1.48 | $2.95 | 8.1% | -45.8% |
| Free Cash Flow | $180M | $1.7B | $1.3B | -89.6% | -85.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $611M |
| Other Expenses | $979M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.7B |
| Interest Income | $5M |
| Interest Expense | $291M |
| Other Income/Expenses | -$303M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $221M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $462M |
| EBIT | $1.7B |
| EBITDA | $2.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $611M |
| Other Expenses | $979M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.7B |
| Interest Income | $5M |
| Interest Expense | $291M |
| Other Income/Expenses | -$303M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $221M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $462M |
| EBIT | $1.7B |
| EBITDA | $2.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $462M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$136M |
| Other Non-Cash Items | $234M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $618M |
| Capital Expenditure | -$438M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $119M |
| NET CASH FROM INVESTING | -$319M |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | $28M |
| NET CASH FROM FINANCING | -$687M |
| FREE CASH FLOW | $180M |
| Net Change in Cash | -$463M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $43M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $36.1B |
| Goodwill | $2.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $44.3B |
| TOTAL ASSETS | $49.2B |
| Account Payables | $739M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $34.6B |
| Deferred Revenue NC | $733M |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $52.1B |
| TOTAL LIABILITIES | $55.6B |
| Common Stock | $17M |
| Additional Paid-In Capital | $8.4B |
| Retained Earnings | $57.8B |
| Treasury Stock | -$70.3B |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6.4B |
| TOTAL LIABILITIES & EQUITY | $49.2B |
| Total Debt | $47.6B |
| Net Debt | $45.7B |
