| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.2B | $19.6B | $19.7B | -2.2% | -2.6% |
| Op. Income | $3.8B | $3.4B | $709M | 11.7% | 435.0% |
| Gross Margin | 63.5% | 61.0% | 53.5% | 2.5pp | 10.0pp |
| Net Margin | 11.6% | 9.9% | -0.5% | 1.7pp | 12.1pp |
| EPS (Diluted) | $1.86 | $1.58 | $-0.09 | 17.7% | 2166.7% |
| Free Cash Flow | $1.5B | $977M | $521M | 56.9% | 194.2% |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $12.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.3B |
| Other Expenses | $3.1B |
| Operating Expenses | $8.4B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $3.8B |
| Interest Income | $0 |
| Interest Expense | $861M |
| Other Income/Expenses | -$855M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $717M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $3.1B |
| EBIT | $3.8B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $12.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.3B |
| Other Expenses | $3.1B |
| Operating Expenses | $8.4B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $3.8B |
| Interest Income | $0 |
| Interest Expense | $861M |
| Other Income/Expenses | -$855M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $717M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $3.1B |
| EBIT | $3.8B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $3.1B |
| Stock-Based Compensation | $167M |
| Deferred Income Tax | $703M |
| Other Non-Cash Items | $290M |
| Change in Working Capital | -$2.1B |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | -$2.8B |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $2.9B |
| Common Stock Repurchased | -$3.6B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$784M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.6B |
| Short-Term Investments | $0 |
| Net Receivables | $9.4B |
| Inventory | $1.4B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $20.2B |
| PP&E (Net) | $73.1B |
| Goodwill | $12.2B |
| Intangible Assets | $98.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.2B |
| TOTAL NON-CURRENT ASSETS | $190.4B |
| TOTAL ASSETS | $210.6B |
| Account Payables | $5.5B |
| Short-Term Debt | $7.7B |
| Deferred Revenue | $810M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $24.6B |
| Long-Term Debt | $70.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12.2B |
| Other Non-Current Liabilities | $3.7B |
| TOTAL NON-CURRENT LIABILITIES | $120.3B |
| TOTAL LIABILITIES | $144.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $74.2B |
| Retained Earnings | $3.9B |
| Treasury Stock | -$11.4B |
| Accum. Other Comp. Income | -$957M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $65.8B |
| TOTAL LIABILITIES & EQUITY | $210.6B |
| Total Debt | $116.5B |
| Net Debt | $109.9B |
