| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.1B | $8.8B | $8.7B | 3.7% | 5.2% |
| Op. Income | $657M | $1.2B | $1.1B | -44.4% | -41.9% |
| Gross Margin | 21.5% | 27.9% | 27.5% | -6.4pp | -5.9pp |
| Net Margin | 6.0% | 11.6% | 10.8% | -5.5pp | -4.7pp |
| EPS (Diluted) | $2.29 | $4.18 | $3.66 | -45.2% | -37.4% |
| Free Cash Flow | $1.4B | $1.3B | $1.8B | 8.6% | -25.6% |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $7.2B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $88M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $8.5B |
| OPERATING INCOME | $657M |
| Interest Income | $0 |
| Interest Expense | $88M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $657M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $551M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $551M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $547M |
| D&A | $210M |
| EBIT | $745M |
| EBITDA | $955M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $7.2B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $88M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $8.5B |
| OPERATING INCOME | $657M |
| Interest Income | $0 |
| Interest Expense | $88M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $657M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $551M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $551M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $547M |
| D&A | $210M |
| EBIT | $745M |
| EBITDA | $955M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $551M |
| Depreciation & Amortization | $210M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$68M |
| Other Non-Cash Items | $843M |
| Change in Working Capital | -$161M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $3.1B |
| Other Investing Activities | -$82M |
| NET CASH FROM INVESTING | -$710M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$223M |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | -$688M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $710M |
| Short-Term Investments | $74.7B |
| Net Receivables | $21.4B |
| Inventory | $0 |
| Other Current Assets | -$98.0B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $4.0B |
| Intangible Assets | $294M |
| Long-Term Investments | $75.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$79.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $116.6B |
| Account Payables | $4.4B |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82.0B |
| TOTAL NON-CURRENT LIABILITIES | $89.2B |
| TOTAL LIABILITIES | $93.7B |
| Common Stock | $24.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $42.7B |
| Treasury Stock | -$39.1B |
| Accum. Other Comp. Income | -$5.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.9B |
| TOTAL LIABILITIES & EQUITY | $116.6B |
| Total Debt | $7.3B |
| Net Debt | $6.6B |
