| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.1B | $12.9B | $11.3B | 1.4% | 16.1% |
| Op. Income | $1.2B | $1.5B | $720M | -20.5% | 60.6% |
| Gross Margin | 13.2% | 15.6% | 11.1% | -2.4pp | 2.1pp |
| Net Margin | 6.3% | 8.7% | 4.2% | -2.3pp | 2.1pp |
| EPS (Diluted) | $2.28 | $3.07 | $1.30 | -25.7% | 75.4% |
| Free Cash Flow | -$647M | $1.0B | -$304M | -163.2% | -112.8% |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $11.4B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $579M |
| Other Expenses | $0 |
| Operating Expenses | $579M |
| Cost & Expenses | $12.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $3M |
| Interest Expense | $97M |
| Other Income/Expenses | -$69M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $254M |
| Net Income from Continuing Ops | $833M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $829M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $829M |
| D&A | $295M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $11.4B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $579M |
| Other Expenses | $0 |
| Operating Expenses | $579M |
| Cost & Expenses | $12.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $3M |
| Interest Expense | $97M |
| Other Income/Expenses | -$69M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $254M |
| Net Income from Continuing Ops | $833M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $829M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $829M |
| D&A | $295M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $833M |
| Depreciation & Amortization | $295M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$1.4B |
| OPERATING CASH FLOW | -$208M |
| Capital Expenditure | -$439M |
| Acquisitions (Net) | -$51M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $64M |
| NET CASH FROM INVESTING | -$426M |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$163M |
| Common Dividends Paid | -$164M |
| Other Financing Activities | $68M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | -$647M |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $5.0B |
| Other Current Assets | $448M |
| TOTAL CURRENT ASSETS | $9.0B |
| PP&E (Net) | $8.2B |
| Goodwill | $10.5B |
| Intangible Assets | $6.4B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $26.9B |
| TOTAL ASSETS | $35.9B |
| Account Payables | $2.3B |
| Short-Term Debt | $79M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $802M |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $12.1B |
| TOTAL LIABILITIES | $16.7B |
| Common Stock | $45M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $19.1B |
| Treasury Stock | -$4.5B |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.0B |
| Minority Interest | $142M |
| TOTAL EQUITY | $19.2B |
| TOTAL LIABILITIES & EQUITY | $35.9B |
| Total Debt | $8.3B |
| Net Debt | $7.2B |
