| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.0B | — | 2.3% | — |
| Op. Income | $498M | $451M | — | 10.4% | — |
| Gross Margin | 35.4% | 34.2% | — | 1.2pp | — |
| Net Margin | 12.7% | 11.9% | — | 0.8pp | — |
| EPS (Diluted) | $1.98 | $1.80 | — | 10.0% | — |
| Free Cash Flow | $286M | $122M | — | 135.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $294M |
| SG&A Expenses | $294M |
| Other Expenses | $304M |
| Operating Expenses | $598M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $498M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $498M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $393M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $393M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $393M |
| D&A | $26M |
| EBIT | $547M |
| EBITDA | $573M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $294M |
| SG&A Expenses | $294M |
| Other Expenses | $304M |
| Operating Expenses | $598M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $498M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $498M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $393M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $393M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $393M |
| D&A | $26M |
| EBIT | $547M |
| EBITDA | $573M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $393M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$102M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $314M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$826M |
| Sales/Maturities of Investments | $616M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$233M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$65M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | $286M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $460M |
| Goodwill | $350M |
| Intangible Assets | $0 |
| Long-Term Investments | $44.4B |
| Tax Assets | $583M |
| Other Non-Current Assets | $14.4B |
| TOTAL NON-CURRENT ASSETS | $60.2B |
| TOTAL ASSETS | $61.9B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $495M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $497M |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $48.7B |
| TOTAL NON-CURRENT LIABILITIES | $52.2B |
| TOTAL LIABILITIES | $52.7B |
| Common Stock | $31M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $13.8B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | -$3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $61.9B |
| Total Debt | $3.4B |
| Net Debt | $3.3B |
