| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.4B | $9.0B | $8.6B | 4.1% | 10.0% |
| Op. Income | $3.0B | $3.0B | $2.7B | 0.2% | 10.3% |
| Gross Margin | 56.6% | 61.5% | 58.9% | -4.9pp | -2.3pp |
| Net Margin | 12.2% | 13.0% | 16.0% | -0.8pp | -3.9pp |
| EPS (Diluted) | $0.89 | $0.91 | $1.05 | -2.4% | -14.7% |
| Free Cash Flow | $1.3B | $1.1B | $821M | 20.7% | 58.5% |
| Item | Amount |
|---|---|
| REVENUE | $9.4B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $5.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $3.0B |
| Interest Income | $50M |
| Interest Expense | $137M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $449M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.3B |
| EBIT | $1.7B |
| EBITDA | $3.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.4B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $5.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $3.0B |
| Interest Income | $50M |
| Interest Expense | $137M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $449M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.3B |
| EBIT | $1.7B |
| EBITDA | $3.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $72M |
| Deferred Income Tax | -$121M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | $316M |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $189M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$581M |
| Common Stock Repurchased | -$603M |
| Common Dividends Paid | -$510M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $5.4B |
| Inventory | $4.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.2B |
| PP&E (Net) | $49.5B |
| Goodwill | $0 |
| Intangible Assets | $2.6B |
| Long-Term Investments | $0 |
| Tax Assets | $80M |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $54.9B |
| TOTAL ASSETS | $66.1B |
| Account Payables | $6.7B |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $661M |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.8B |
| Other Non-Current Liabilities | $9.0B |
| TOTAL NON-CURRENT LIABILITIES | $25.8B |
| TOTAL LIABILITIES | $33.5B |
| Common Stock | $15.8B |
| Additional Paid-In Capital | $386M |
| Retained Earnings | $15.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $762M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $32.5B |
| TOTAL LIABILITIES & EQUITY | $66.1B |
| Total Debt | $11.4B |
| Net Debt | $9.6B |
