| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.2B | $24.2B | $23.0B | 4.0% | 9.5% |
| Op. Income | $2.5B | $2.4B | $2.3B | 3.9% | 7.3% |
| Gross Margin | 31.3% | 30.9% | 31.8% | 0.4pp | -0.5pp |
| Net Margin | 7.2% | 8.7% | 7.4% | -1.4pp | -0.1pp |
| EPS (Diluted) | $3.65 | $4.17 | $3.35 | -12.5% | 9.0% |
| Free Cash Flow | $1.5B | $599M | $3.2B | 147.9% | -53.1% |
| Item | Amount |
|---|---|
| REVENUE | $25.2B |
| Cost of Revenue | $17.3B |
| GROSS PROFIT | $7.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $564M |
| Operating Expenses | $5.4B |
| Cost & Expenses | $22.7B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$97M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $553M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $633M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $25.2B |
| Cost of Revenue | $17.3B |
| GROSS PROFIT | $7.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $564M |
| Operating Expenses | $5.4B |
| Cost & Expenses | $22.7B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$97M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $553M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $633M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $633M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$236M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$798M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$807M |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$336M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | -$448M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.4B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $11.3B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $20.2B |
| PP&E (Net) | $29.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $31.2B |
| TOTAL ASSETS | $51.4B |
| Account Payables | $12.6B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19.4B |
| Long-Term Debt | $11.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $17.1B |
| TOTAL LIABILITIES | $36.5B |
| Common Stock | $41M |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $9.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$713M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.9B |
| TOTAL LIABILITIES & EQUITY | $51.4B |
| Total Debt | $15.2B |
| Net Debt | $7.9B |
