| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.2B | $10.1B | $9.6B | 0.8% | 6.7% |
| Op. Income | $1.1B | $1.1B | $967M | 1.8% | 12.7% |
| Gross Margin | 21.4% | 21.1% | 21.3% | 0.4pp | 0.1pp |
| Net Margin | 9.2% | 9.3% | 8.5% | -0.1pp | 0.7pp |
| EPS (Diluted) | $6.36 | $6.32 | $5.34 | 0.6% | 19.1% |
| Free Cash Flow | $1.1B | -$976M | $615M | 213.2% | 79.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | -$167M |
| General & Administrative | $1.1B |
| SG&A Expenses | $934M |
| Other Expenses | $167M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $9.1B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $154M |
| Other Income/Expenses | $56M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $206M |
| Net Income from Continuing Ops | $940M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $940M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $940M |
| D&A | $326M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $10.2B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | -$167M |
| General & Administrative | $1.1B |
| SG&A Expenses | $934M |
| Other Expenses | $167M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $9.1B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $154M |
| Other Income/Expenses | $56M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $206M |
| Net Income from Continuing Ops | $940M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $940M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $940M |
| D&A | $326M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $940M |
| Depreciation & Amortization | $326M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$127M |
| Other Non-Cash Items | -$146M |
| Change in Working Capital | $406M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$320M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$321M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$562M |
| Common Dividends Paid | -$303M |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$893M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $211M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $0 |
| Net Receivables | $8.7B |
| Inventory | $1.5B |
| Other Current Assets | $568M |
| TOTAL CURRENT ASSETS | $14.1B |
| PP&E (Net) | $11.6B |
| Goodwill | $17.5B |
| Intangible Assets | $282M |
| Long-Term Investments | $339M |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $33.6B |
| TOTAL ASSETS | $47.7B |
| Account Payables | $2.4B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $3.3B |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $12.9B |
| Long-Term Debt | $16.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $20.5B |
| TOTAL LIABILITIES | $33.4B |
| Common Stock | $146M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $14.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$146M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.3B |
| TOTAL LIABILITIES & EQUITY | $47.7B |
| Total Debt | $20.0B |
| Net Debt | $16.8B |
