| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.7B | $19.3B | — | 2.2% | — |
| Op. Income | $1.4B | $1.5B | — | -4.9% | — |
| Gross Margin | 18.2% | 18.4% | — | -0.3pp | — |
| Net Margin | 0.6% | 8.9% | — | -8.3pp | — |
| EPS (Diluted) | $0.08 | $1.28 | — | -93.8% | — |
| Free Cash Flow | $2.0B | -$288M | — | 808.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $19.7B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $706M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $18.3B |
| OPERATING INCOME | $1.4B |
| Interest Income | $19M |
| Interest Expense | $488M |
| Other Income/Expenses | -$997M |
| INCOME BEFORE TAX | $428M |
| Income Tax Expense | $253M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $1.1B |
| EBIT | $1.4B |
| EBITDA | $2.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19.7B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $706M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $18.3B |
| OPERATING INCOME | $1.4B |
| Interest Income | $19M |
| Interest Expense | $488M |
| Other Income/Expenses | -$997M |
| INCOME BEFORE TAX | $428M |
| Income Tax Expense | $253M |
| Net Income from Continuing Ops | $175M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $1.1B |
| EBIT | $1.4B |
| EBITDA | $2.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $299M |
| Other Non-Cash Items | -$182M |
| Change in Working Capital | $1.4B |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$692M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$733M |
| Net Debt Issuance | -$685M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | -$823M |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $412M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.0B |
| Short-Term Investments | $0 |
| Net Receivables | $23.8B |
| Inventory | $13.0B |
| Other Current Assets | $6.3B |
| TOTAL CURRENT ASSETS | $49.2B |
| PP&E (Net) | $17.4B |
| Goodwill | $53.3B |
| Intangible Assets | $34.5B |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $111.9B |
| TOTAL ASSETS | $161.2B |
| Account Payables | $10.9B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $17.7B |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $49.6B |
| Long-Term Debt | $40.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.2B |
| TOTAL NON-CURRENT LIABILITIES | $50.9B |
| TOTAL LIABILITIES | $100.5B |
| Common Stock | $37.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $51.5B |
| Treasury Stock | -$27.1B |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $59.0B |
| Minority Interest | $1.7B |
| TOTAL EQUITY | $60.7B |
| TOTAL LIABILITIES & EQUITY | $161.2B |
| Total Debt | $43.6B |
| Net Debt | $37.6B |
