Reported June 29, 2022
| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.0B | $2.1B | 4.5% | 3.5% |
| Op. Income | $712M | $613M | $689M | 16.2% | 3.4% |
| Gross Margin | 72.3% | 70.8% | 71.2% | 1.5pp | 1.1pp |
| Net Margin | 19.6% | 17.4% | 18.1% | 2.2pp | 1.4pp |
| EPS (Diluted) | $0.57 | $0.36 | $0.38 | 58.5% | 50.7% |
| Free Cash Flow | $440M | $633M | $465M | -30.6% | -5.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $590M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $306M |
| SG&A Expenses | $357M |
| Other Expenses | $540M |
| Operating Expenses | $897M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $712M |
| Interest Income | $14M |
| Interest Expense | $58M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $669M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $561M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $416M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $416M |
| D&A | $521M |
| EBIT | $727M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $590M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $306M |
| SG&A Expenses | $357M |
| Other Expenses | $540M |
| Operating Expenses | $897M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $712M |
| Interest Income | $14M |
| Interest Expense | $58M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $669M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $561M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $416M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $416M |
| D&A | $521M |
| EBIT | $727M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $416M |
| Depreciation & Amortization | $521M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $944M |
| Capital Expenditure | -$504M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$498M |
| Net Debt Issuance | $754M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$859M |
| Other Financing Activities | -$435M |
| NET CASH FROM FINANCING | -$540M |
| FREE CASH FLOW | $440M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $24M |
| Net Receivables | $729M |
| Inventory | $0 |
| Other Current Assets | $177M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $10.2B |
| Goodwill | $63M |
| Intangible Assets | $779M |
| Long-Term Investments | $873M |
| Tax Assets | $247M |
| Other Non-Current Assets | $225M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $15.9B |
| Account Payables | $868M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $526M |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $79M |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $793M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $286M |
| Additional Paid-In Capital | $157M |
| Retained Earnings | $6.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $551M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $15.9B |
| Total Debt | $4.3B |
| Net Debt | $2.0B |