| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.0B | $20.3B | $19.7B | 3.0% | 6.1% |
| Op. Income | $5.2B | $5.0B | $5.4B | 2.9% | -3.9% |
| Gross Margin | 49.1% | 49.0% | 53.1% | 0.1pp | -4.0pp |
| Net Margin | 20.2% | 20.2% | 19.5% | -0.1pp | 0.6pp |
| EPS (Diluted) | $1.66 | $1.61 | $1.47 | 3.1% | 12.9% |
| Free Cash Flow | $4.5B | $3.6B | $4.9B | 26.5% | -7.5% |
| Item | Amount |
|---|---|
| REVENUE | $21.0B |
| Cost of Revenue | $10.7B |
| GROSS PROFIT | $10.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.1B |
| Other Expenses | $0 |
| Operating Expenses | $5.1B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $5.2B |
| Interest Income | $10M |
| Interest Expense | $106M |
| Other Income/Expenses | $71M |
| INCOME BEFORE TAX | $5.2B |
| Income Tax Expense | $997M |
| Net Income from Continuing Ops | $4.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.2B |
| D&A | $684M |
| EBIT | $5.3B |
| EBITDA | $6.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $21.0B |
| Cost of Revenue | $10.7B |
| GROSS PROFIT | $10.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.1B |
| Other Expenses | $0 |
| Operating Expenses | $5.1B |
| Cost & Expenses | $15.8B |
| OPERATING INCOME | $5.2B |
| Interest Income | $10M |
| Interest Expense | $106M |
| Other Income/Expenses | $71M |
| INCOME BEFORE TAX | $5.2B |
| Income Tax Expense | $997M |
| Net Income from Continuing Ops | $4.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.2B |
| D&A | $684M |
| EBIT | $5.3B |
| EBITDA | $6.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.2B |
| Depreciation & Amortization | $684M |
| Stock-Based Compensation | $152M |
| Deferred Income Tax | -$158M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $201M |
| OPERATING CASH FLOW | $5.1B |
| Capital Expenditure | -$626M |
| Acquisitions (Net) | -$349M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$960M |
| Net Debt Issuance | $3.5B |
| Common Stock Repurchased | -$4.8B |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | $567M |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $4.5B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.5B |
| Short-Term Investments | $0 |
| Net Receivables | $5.2B |
| Inventory | $6.7B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $25.5B |
| PP&E (Net) | $21.4B |
| Goodwill | $40.3B |
| Intangible Assets | $23.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.7B |
| TOTAL NON-CURRENT ASSETS | $95.9B |
| TOTAL ASSETS | $121.4B |
| Account Payables | $14.2B |
| Short-Term Debt | $13.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $38.0B |
| Long-Term Debt | $22.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.5B |
| Other Non-Current Liabilities | $9.7B |
| TOTAL NON-CURRENT LIABILITIES | $38.5B |
| TOTAL LIABILITIES | $76.5B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $65.4B |
| Retained Earnings | $110.4B |
| Treasury Stock | -$121.5B |
| Accum. Other Comp. Income | -$13.6B |
| Other Equity | -$965M |
| TOTAL STOCKHOLDERS' EQUITY | $44.6B |
| Minority Interest | $275M |
| TOTAL EQUITY | $44.9B |
| TOTAL LIABILITIES & EQUITY | $121.4B |
| Total Debt | $35.7B |
| Net Debt | $24.1B |
