| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $6.0B | $6.0B | -0.4% | 0.7% |
| Op. Income | $2.4B | $2.4B | $2.2B | 0.8% | 8.5% |
| Gross Margin | 45.4% | 45.1% | 42.8% | 0.3pp | 2.6pp |
| Net Margin | 27.9% | 27.2% | 26.3% | 0.6pp | 1.5pp |
| EPS (Diluted) | $2.74 | $2.69 | $2.57 | 1.9% | 6.6% |
| Free Cash Flow | $1.0B | $1.3B | $1.2B | -23.8% | -14.7% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $336M |
| Other Expenses | $0 |
| Operating Expenses | $336M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $24M |
| Interest Expense | $319M |
| Other Income/Expenses | -$208M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $511M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $604M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $336M |
| Other Expenses | $0 |
| Operating Expenses | $336M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $24M |
| Interest Expense | $319M |
| Other Income/Expenses | -$208M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $511M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $604M |
| EBIT | $2.5B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $596M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$390M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$902M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $112M |
| NET CASH FROM INVESTING | -$790M |
| Net Debt Issuance | -$48M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$793M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | -$917M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | $204M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $20M |
| Net Receivables | $2.1B |
| Inventory | $807M |
| Other Current Assets | $416M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $58.4B |
| Goodwill | $0 |
| Intangible Assets | $812M |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $63.3B |
| TOTAL ASSETS | $67.8B |
| Account Payables | $870M |
| Short-Term Debt | $727M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $31.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13.2B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $47.0B |
| TOTAL LIABILITIES | $51.3B |
| Common Stock | $2.8B |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | $63.8B |
| Treasury Stock | -$54.8B |
| Accum. Other Comp. Income | -$606M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.5B |
| TOTAL LIABILITIES & EQUITY | $67.8B |
| Total Debt | $33.2B |
| Net Debt | $32.1B |
