| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.8B | $3.1B | -8.7% | 11.6% |
| Op. Income | $469M | $510M | $438M | -8.0% | 7.1% |
| Gross Margin | 39.9% | 35.6% | 38.9% | 4.3pp | 1.0pp |
| Net Margin | 9.6% | 10.1% | 10.1% | -0.6pp | -0.6pp |
| EPS (Diluted) | $0.60 | $0.70 | $0.58 | -14.3% | 3.4% |
| Free Cash Flow | -$250M | $198M | -$318M | -226.3% | 21.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $898M |
| Operating Expenses | $898M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $469M |
| Interest Income | $0 |
| Interest Expense | $240M |
| Other Income/Expenses | -$215M |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | -$74M |
| Net Income from Continuing Ops | $328M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $328M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $328M |
| D&A | $674M |
| EBIT | $494M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $898M |
| Operating Expenses | $898M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $469M |
| Interest Income | $0 |
| Interest Expense | $240M |
| Other Income/Expenses | -$215M |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | -$74M |
| Net Income from Continuing Ops | $328M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $328M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $328M |
| D&A | $674M |
| EBIT | $494M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $328M |
| Depreciation & Amortization | $674M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$80M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | $848M |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$631M |
| Sales/Maturities of Investments | $622M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $606M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$257M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $500M |
| FREE CASH FLOW | -$250M |
| Net Change in Cash | $245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $335M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $645M |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $47.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $54.5B |
| TOTAL ASSETS | $59.3B |
| Account Payables | $1.6B |
| Short-Term Debt | $787M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $23.2B |
| Deferred Revenue NC | $184M |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $9.3B |
| TOTAL NON-CURRENT LIABILITIES | $38.5B |
| TOTAL LIABILITIES | $43.3B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | $6.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.0B |
| TOTAL LIABILITIES & EQUITY | $59.3B |
| Total Debt | $25.2B |
| Net Debt | $24.9B |
