| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.6B | — | 3.9% | — |
| Op. Income | $869M | $778M | — | 11.6% | — |
| Gross Margin | 45.7% | 45.2% | — | 0.5pp | — |
| Net Margin | 7.7% | 5.2% | — | 2.5pp | — |
| EPS (Diluted) | $0.54 | $0.35 | — | 54.2% | — |
| Free Cash Flow | $338M | $80M | — | 324.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $830M |
| Operating Expenses | $830M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $869M |
| Interest Income | $0 |
| Interest Expense | $416M |
| Other Income/Expenses | -$483M |
| INCOME BEFORE TAX | $386M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $288M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $288M |
| D&A | $847M |
| EBIT | $778M |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $830M |
| Operating Expenses | $830M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $869M |
| Interest Income | $0 |
| Interest Expense | $416M |
| Other Income/Expenses | -$483M |
| INCOME BEFORE TAX | $386M |
| Income Tax Expense | $98M |
| Net Income from Continuing Ops | $288M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $288M |
| D&A | $847M |
| EBIT | $778M |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $288M |
| Depreciation & Amortization | $847M |
| Stock-Based Compensation | -$10M |
| Deferred Income Tax | $98M |
| Other Non-Cash Items | -$246M |
| Change in Working Capital | $99M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$737M |
| Acquisitions (Net) | -$278M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$132M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$133M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$254M |
| FREE CASH FLOW | $338M |
| Net Change in Cash | -$229M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $330M |
| Short-Term Investments | $77M |
| Net Receivables | $3.7B |
| Inventory | $374M |
| Other Current Assets | $721M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $18.0B |
| Goodwill | $11.9B |
| Intangible Assets | $13.2B |
| Long-Term Investments | $1.0B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | -$70M |
| TOTAL NON-CURRENT ASSETS | $45.5B |
| TOTAL ASSETS | $50.7B |
| Account Payables | $2.7B |
| Short-Term Debt | $4.1B |
| Deferred Revenue | $547M |
| Other Current Liabilities | $262M |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $27.7B |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $4.5B |
| Other Non-Current Liabilities | $995M |
| TOTAL NON-CURRENT LIABILITIES | $34.9B |
| TOTAL LIABILITIES | $42.9B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.8B |
| TOTAL LIABILITIES & EQUITY | $50.7B |
| Total Debt | $33.9B |
| Net Debt | $33.5B |
