| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36.4B | — | $35.6B | — | 2.3% |
| Op. Income | $7.0B | — | $6.4B | — | 7.8% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 11.9% | — | 11.7% | — | 0.2pp |
| EPS (Diluted) | $1.72 | — | $1.64 | — | 5.0% |
| Free Cash Flow | $3.2B | — | $3.4B | — | -4.9% |
| Item | Amount |
|---|---|
| REVENUE | $36.4B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $36.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $29.4B |
| Operating Expenses | $29.4B |
| Cost & Expenses | $29.4B |
| OPERATING INCOME | $7.0B |
| Interest Income | $0 |
| Interest Expense | $459M |
| Other Income/Expenses | -$447M |
| INCOME BEFORE TAX | $6.5B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $928M |
| EBIT | $7.2B |
| EBITDA | $8.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $36.4B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $36.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $29.4B |
| Operating Expenses | $29.4B |
| Cost & Expenses | $29.4B |
| OPERATING INCOME | $7.0B |
| Interest Income | $0 |
| Interest Expense | $459M |
| Other Income/Expenses | -$447M |
| INCOME BEFORE TAX | $6.5B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $928M |
| EBIT | $7.2B |
| EBITDA | $8.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.3B |
| Depreciation & Amortization | $928M |
| Stock-Based Compensation | $192M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | -$3.0B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$721M |
| Acquisitions (Net) | -$932M |
| Purchases of Investments | -$127M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | -$458M |
| Net Debt Issuance | $617M |
| Common Stock Repurchased | -$438M |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | -$178M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | $5.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.8B |
| Short-Term Investments | $1.0B |
| Net Receivables | $9.3B |
| Inventory | $6.6B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $23.6B |
| PP&E (Net) | $13.0B |
| Goodwill | $25.7B |
| Intangible Assets | $22.3B |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.2B |
| TOTAL NON-CURRENT ASSETS | $69.7B |
| TOTAL ASSETS | $93.3B |
| Account Payables | $20.1B |
| Short-Term Debt | $8.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $651M |
| TOTAL CURRENT LIABILITIES | $30.6B |
| Long-Term Debt | $28.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.8B |
| TOTAL NON-CURRENT LIABILITIES | $35.9B |
| TOTAL LIABILITIES | $66.4B |
| Common Stock | $103M |
| Additional Paid-In Capital | $61.8B |
| Retained Earnings | $58.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.7B |
| Minority Interest | $3.2B |
| TOTAL EQUITY | $26.9B |
| TOTAL LIABILITIES & EQUITY | $93.3B |
| Total Debt | $37.0B |
| Net Debt | $31.2B |
