| Metric | Q2 2014 | Q1 2014 | Q2 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $5.8B | $3.5B | -24.0% | 26.9% |
| Op. Income | $1.2B | $3.0B | $1.1B | -59.4% | 6.1% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 5.1% | -44.9% | 26.6% | 50.0pp | -21.5pp |
| EPS (Diluted) | $0.45 | $-5.21 | $1.84 | 108.6% | -75.5% |
| Free Cash Flow | -$137M | -$772M | $681M | 82.3% | -120.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $502M |
| Selling & Marketing | $278M |
| General & Administrative | $27M |
| SG&A Expenses | $305M |
| Other Expenses | $459M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $186M |
| Other Income/Expenses | -$515M |
| INCOME BEFORE TAX | $694M |
| Income Tax Expense | $428M |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $1.0B |
| EBIT | $880M |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $502M |
| Selling & Marketing | $278M |
| General & Administrative | $27M |
| SG&A Expenses | $305M |
| Other Expenses | $459M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $186M |
| Other Income/Expenses | -$515M |
| INCOME BEFORE TAX | $694M |
| Income Tax Expense | $428M |
| Net Income from Continuing Ops | $227M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227M |
| D&A | $1.0B |
| EBIT | $880M |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $227M |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | $142M |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | -$515M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$2.6B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $559M |
| Common Dividends Paid | -$138M |
| Other Financing Activities | -$224M |
| NET CASH FROM FINANCING | -$362M |
| FREE CASH FLOW | -$137M |
| Net Change in Cash | -$559M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $9.0B |
| PP&E (Net) | $41.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.9B |
| TOTAL NON-CURRENT ASSETS | $49.4B |
| TOTAL ASSETS | $58.4B |
| Account Payables | $4.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $9.2B |
| Other Current Liabilities | -$2.4B |
| TOTAL CURRENT LIABILITIES | $10.8B |
| Long-Term Debt | $13.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9.2B |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $25.0B |
| TOTAL LIABILITIES | $39.1B |
| Common Stock | $52M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$273M |
| Other Equity | $7.9B |
| TOTAL STOCKHOLDERS' EQUITY | $19.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.3B |
| TOTAL LIABILITIES & EQUITY | $58.4B |
| Total Debt | $13.4B |
| Net Debt | $8.0B |
