| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | $5.7B | $7.3B | 5.9% | -17.4% |
| Op. Income | $1.7B | $2.0B | $2.8B | -17.0% | -40.3% |
| Gross Margin | 59.6% | 59.4% | 66.2% | 0.3pp | -6.6pp |
| Net Margin | 26.7% | 39.6% | 38.0% | -12.8pp | -11.3pp |
| EPS (Diluted) | $0.79 | $1.10 | $1.38 | -28.2% | -42.8% |
| Free Cash Flow | $1.8B | $609M | $582M | 193.9% | 207.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.9B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $820M |
| Other Income/Expenses | -$438M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | -$64M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $1.5B |
| EBIT | $2.1B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.9B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $820M |
| Other Income/Expenses | -$438M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | -$64M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $1.5B |
| EBIT | $2.1B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $224M |
| Other Non-Cash Items | $387M |
| Change in Working Capital | $229M |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$2.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.3B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$4.8B |
| Net Debt Issuance | $2.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$922M |
| NET CASH FROM FINANCING | $762M |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | -$111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $5.8B |
| Inventory | $2.2B |
| Other Current Assets | $3.3B |
| TOTAL CURRENT ASSETS | $12.8B |
| PP&E (Net) | $133.1B |
| Goodwill | $5.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $16.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.8B |
| TOTAL NON-CURRENT ASSETS | $171.9B |
| TOTAL ASSETS | $184.7B |
| Account Payables | $4.4B |
| Short-Term Debt | $14.1B |
| Deferred Revenue | $671M |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $26.2B |
| Long-Term Debt | $68.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.9B |
| Other Non-Current Liabilities | $19.6B |
| TOTAL NON-CURRENT LIABILITIES | $99.1B |
| TOTAL LIABILITIES | $125.3B |
| Common Stock | $21M |
| Additional Paid-In Capital | $17.3B |
| Retained Earnings | $32.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$171M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49.1B |
| Minority Interest | $10.3B |
| TOTAL EQUITY | $59.4B |
| TOTAL LIABILITIES & EQUITY | $184.7B |
| Total Debt | $82.6B |
| Net Debt | $81.1B |
