| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $5.9B | $5.5B | 7.0% | 13.9% |
| Op. Income | $2.5B | $2.4B | $2.5B | 5.0% | 0.9% |
| Gross Margin | 45.1% | 46.3% | 50.1% | -1.2pp | -5.0pp |
| Net Margin | 29.3% | 27.8% | 32.7% | 1.5pp | -3.4pp |
| EPS (Diluted) | $2.93 | $2.57 | $2.72 | 14.0% | 7.7% |
| Free Cash Flow | $1.1B | $1.4B | $1.6B | -18.3% | -29.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $331M |
| Other Expenses | $0 |
| Operating Expenses | $331M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $316M |
| Other Income/Expenses | -$153M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $507M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $559M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $331M |
| Other Expenses | $0 |
| Operating Expenses | $331M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $2.5B |
| Interest Income | $0 |
| Interest Expense | $316M |
| Other Income/Expenses | -$153M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $507M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $559M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $559M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $33M |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | -$487M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$797M |
| Acquisitions (Net) | $88M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$704M |
| Net Debt Issuance | -$249M |
| Common Stock Repurchased | -$290M |
| Common Dividends Paid | -$813M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $788M |
| Short-Term Investments | $46M |
| Net Receivables | $2.1B |
| Inventory | $790M |
| Other Current Assets | $300M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $56.3B |
| Goodwill | $0 |
| Intangible Assets | $729M |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $60.5B |
| TOTAL ASSETS | $64.4B |
| Account Payables | $896M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $717M |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $29.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12.8B |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $45.7B |
| TOTAL LIABILITIES | $51.7B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | $57.0B |
| Treasury Stock | -$51.2B |
| Accum. Other Comp. Income | -$841M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.7B |
| TOTAL LIABILITIES & EQUITY | $64.4B |
| Total Debt | $33.6B |
| Net Debt | $32.8B |
