| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.0B | $19.6B | $18.4B | 17.1% | 24.7% |
| Op. Income | $2.3B | $468M | $1.3B | 391.5% | 73.7% |
| Gross Margin | 31.8% | 26.0% | 31.5% | 5.8pp | 0.3pp |
| Net Margin | 7.4% | 1.4% | 5.1% | 5.9pp | 2.3pp |
| EPS (Diluted) | $3.35 | $0.56 | $1.82 | 498.2% | 84.1% |
| Free Cash Flow | $3.2B | $533M | $1.8B | 494.6% | 81.1% |
| Item | Amount |
|---|---|
| REVENUE | $23.0B |
| Cost of Revenue | $15.7B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.5B |
| Other Expenses | $542M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $20.7B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $499M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $604M |
| EBIT | $2.3B |
| EBITDA | $2.9B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $23.0B |
| Cost of Revenue | $15.7B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.5B |
| Other Expenses | $542M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $20.7B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $499M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $604M |
| EBIT | $2.3B |
| EBITDA | $2.9B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $604M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $81M |
| Change in Working Capital | $1.4B |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$663M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$658M |
| Net Debt Issuance | -$109M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$330M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$456M |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | $2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.3B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $8.9B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $17.6B |
| PP&E (Net) | $29.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $30.4B |
| TOTAL ASSETS | $48.0B |
| Account Payables | $10.7B |
| Short-Term Debt | $109M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15.9B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $19.5B |
| TOTAL LIABILITIES | $35.4B |
| Common Stock | $42M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $7.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$833M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.6B |
| TOTAL LIABILITIES & EQUITY | $48.0B |
| Total Debt | $16.5B |
| Net Debt | $9.3B |
