| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.3B | $15.5B | $5.9B | -1.3% | 160.7% |
| Op. Income | $271M | $326M | $154M | -16.7% | 76.3% |
| Gross Margin | 5.7% | 5.8% | 5.5% | -0.2pp | 0.2pp |
| Net Margin | 1.0% | 0.9% | 1.6% | 0.1pp | -0.6pp |
| EPS (Diluted) | $1.56 | $1.38 | $1.80 | 13.0% | -13.3% |
| Free Cash Flow | $1.0B | -$1.3B | $274M | 175.4% | 269.7% |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $14.4B |
| GROSS PROFIT | $867M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $596M |
| Other Expenses | $0 |
| Operating Expenses | $596M |
| Cost & Expenses | $15.0B |
| OPERATING INCOME | $271M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$73M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $100M |
| EBIT | $237M |
| EBITDA | $337M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $14.4B |
| GROSS PROFIT | $867M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $596M |
| Other Expenses | $0 |
| Operating Expenses | $596M |
| Cost & Expenses | $15.0B |
| OPERATING INCOME | $271M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$73M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $100M |
| EBIT | $237M |
| EBITDA | $337M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $100M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $757M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$150.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$928M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$984M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $522M |
| Short-Term Investments | $0 |
| Net Receivables | $8.9B |
| Inventory | $8.4B |
| Other Current Assets | $696M |
| TOTAL CURRENT ASSETS | $18.5B |
| PP&E (Net) | $418M |
| Goodwill | $3.9B |
| Intangible Assets | $4.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $567M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $28.1B |
| Account Payables | $12.5B |
| Short-Term Debt | $209M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14.7B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $480M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $20.1B |
| Common Stock | $98.0K |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$260M |
| Accum. Other Comp. Income | -$470M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $28.1B |
| Total Debt | $4.1B |
| Net Debt | $3.6B |
