| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.6B | $8.7B | $7.8B | -1.0% | 10.1% |
| Op. Income | $3.6B | $4.0B | $3.0B | -8.9% | 19.7% |
| Gross Margin | 77.5% | 77.0% | 78.4% | 0.5pp | -0.9pp |
| Net Margin | 34.9% | 32.2% | 31.4% | 2.7pp | 3.5pp |
| EPS (Diluted) | $2.02 | $1.88 | $1.65 | 7.4% | 22.4% |
| Free Cash Flow | $3.7B | $3.1B | $2.9B | 18.6% | 26.8% |
| Item | Amount |
|---|---|
| REVENUE | $8.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $6.7B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $3.6B |
| Interest Income | $135M |
| Interest Expense | $563M |
| Other Income/Expenses | -$505M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $559M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $6.7B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.1B |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $3.6B |
| Interest Income | $135M |
| Interest Expense | $563M |
| Other Income/Expenses | -$505M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $559M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $559M |
| Stock-Based Compensation | $219M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $113M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$125M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$129M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$643M |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$2.4B |
| FREE CASH FLOW | $3.7B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41.1B |
| Short-Term Investments | $0 |
| Net Receivables | $6.4B |
| Inventory | $1.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51.8B |
| PP&E (Net) | $3.0B |
| Goodwill | $15.6B |
| Intangible Assets | $18.2B |
| Long-Term Investments | $78M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $39.4B |
| TOTAL ASSETS | $91.2B |
| Account Payables | $0 |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.7B |
| TOTAL CURRENT LIABILITIES | $16.5B |
| Long-Term Debt | $63.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $959M |
| Other Non-Current Liabilities | $17.9B |
| TOTAL NON-CURRENT LIABILITIES | $82.1B |
| TOTAL LIABILITIES | $98.6B |
| Common Stock | $18M |
| Additional Paid-In Capital | $15.4B |
| Retained Earnings | $6.0B |
| Treasury Stock | -$25.1B |
| Accum. Other Comp. Income | -$3.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$7.4B |
| TOTAL LIABILITIES & EQUITY | $91.2B |
| Total Debt | $67.0B |
| Net Debt | $25.9B |
