| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.6B | $15.9B | — | -8.2% | — |
| Op. Income | $5.1B | $5.6B | — | -9.9% | — |
| Gross Margin | 71.1% | 66.2% | — | 4.9pp | — |
| Net Margin | 27.0% | 27.1% | — | -0.1pp | — |
| EPS (Diluted) | $1.55 | $1.70 | — | -8.8% | — |
| Free Cash Flow | $3.2B | $3.8B | — | -16.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $14.6B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $10.4B |
| R&D Expenses | $2.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $5.3B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $5.1B |
| Interest Income | $15M |
| Interest Expense | $240M |
| Other Income/Expenses | -$580M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $538M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $938M |
| EBIT | $4.7B |
| EBITDA | $5.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $14.6B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $10.4B |
| R&D Expenses | $2.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $5.3B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $5.1B |
| Interest Income | $15M |
| Interest Expense | $240M |
| Other Income/Expenses | -$580M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $538M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $938M |
| EBIT | $4.7B |
| EBITDA | $5.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.9B |
| Depreciation & Amortization | $938M |
| Stock-Based Compensation | $137M |
| Deferred Income Tax | -$262M |
| Other Non-Cash Items | $939M |
| Change in Working Capital | -$1.4B |
| OPERATING CASH FLOW | $4.3B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$333M |
| Sales/Maturities of Investments | $373M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | -$104M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.7B |
| Short-Term Investments | $453M |
| Net Receivables | $9.6B |
| Inventory | $5.5B |
| Other Current Assets | $6.8B |
| TOTAL CURRENT ASSETS | $32.1B |
| PP&E (Net) | $20.1B |
| Goodwill | $21.2B |
| Intangible Assets | $22.5B |
| Long-Term Investments | $238M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.0B |
| TOTAL NON-CURRENT ASSETS | $75.0B |
| TOTAL ASSETS | $107.1B |
| Account Payables | $3.5B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23.2B |
| Long-Term Debt | $28.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $9.0B |
| TOTAL NON-CURRENT LIABILITIES | $40.6B |
| TOTAL LIABILITIES | $63.8B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $44.1B |
| Retained Earnings | $58.4B |
| Treasury Stock | -$56.8B |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43.2B |
| Minority Interest | $75M |
| TOTAL EQUITY | $43.3B |
| TOTAL LIABILITIES & EQUITY | $107.1B |
| Total Debt | $31.7B |
| Net Debt | $22.0B |
