| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.8B | $19.6B | $19.2B | 0.9% | 3.0% |
| Op. Income | $4.6B | $4.0B | $3.8B | 15.8% | 22.1% |
| Gross Margin | 65.9% | 63.8% | 63.5% | 2.0pp | 2.3pp |
| Net Margin | 14.8% | 12.1% | 11.6% | 2.7pp | 3.2pp |
| EPS (Diluted) | $2.49 | $2.00 | $1.86 | 24.5% | 33.9% |
| Free Cash Flow | $3.3B | $2.4B | $1.5B | 38.8% | 116.9% |
| Item | Amount |
|---|---|
| REVENUE | $19.8B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $13.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.1B |
| Other Expenses | $3.2B |
| Operating Expenses | $8.4B |
| Cost & Expenses | $15.1B |
| OPERATING INCOME | $4.6B |
| Interest Income | $0 |
| Interest Expense | $854M |
| Other Income/Expenses | -$862M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $843M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $3.2B |
| EBIT | $4.6B |
| EBITDA | $7.9B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $19.8B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $13.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.1B |
| Other Expenses | $3.2B |
| Operating Expenses | $8.4B |
| Cost & Expenses | $15.1B |
| OPERATING INCOME | $4.6B |
| Interest Income | $0 |
| Interest Expense | $854M |
| Other Income/Expenses | -$862M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $843M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $3.2B |
| EBIT | $4.6B |
| EBITDA | $7.9B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $3.2B |
| Stock-Based Compensation | $164M |
| Deferred Income Tax | $747M |
| Other Non-Cash Items | $361M |
| Change in Working Capital | -$1.9B |
| OPERATING CASH FLOW | $5.5B |
| Capital Expenditure | -$2.2B |
| Acquisitions (Net) | -$390M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $752M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | -$938M |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | -$759M |
| Other Financing Activities | -$50M |
| NET CASH FROM FINANCING | -$4.1B |
| FREE CASH FLOW | $3.3B |
| Net Change in Cash | -$291M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.4B |
| Short-Term Investments | $0 |
| Net Receivables | $8.3B |
| Inventory | $1.3B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $19.3B |
| PP&E (Net) | $67.7B |
| Goodwill | $13.0B |
| Intangible Assets | $101.6B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $189.3B |
| TOTAL ASSETS | $208.6B |
| Account Payables | $3.3B |
| Short-Term Debt | $5.9B |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $23.0B |
| Long-Term Debt | $71.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15.0B |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $122.9B |
| TOTAL LIABILITIES | $145.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $68.5B |
| Retained Earnings | $10.4B |
| Treasury Stock | -$15.3B |
| Accum. Other Comp. Income | -$917M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $62.6B |
| TOTAL LIABILITIES & EQUITY | $208.6B |
| Total Debt | $114.2B |
| Net Debt | $107.7B |
