Ron Bruehlman
EVP & CFO at IQVIA
As of June 30, cash and cash equivalents totaled $2,039,000,000 and gross debt was $15,490,000,000 and that resulted in net debt of $13,451,000,000 Our net leverage ratio ended the quarter at 3.61 times trailing twelve month adjusted EBITDA. Second quarter cash flow from operations was $443,000,000 and capital expenditures were $151,000,000 resulting in free cash flow of $292,000,000 Now you saw in the quarter that we repurchased $6.00 $7,000,000 of our shares, which brought our first half share repurchase activity to above $1,000,000,000 This leaves us with approximately $2,000,000,000 repurchase authorization remaining under our current program. Also in the quarter, we issued $2,000,000,000 of senior notes maturing in 02/1932. Now let's turn to the guidance. We're narrowing our guidance ranges for revenue, adjusted EBITDA, adjusted diluted earnings per share as follows.