| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.2B | $11.0B | $11.7B | -25.5% | -29.9% |
| Op. Income | $622M | $452M | $2.2B | 37.6% | -72.0% |
| Gross Margin | 74.5% | 69.8% | 85.1% | 4.7pp | -10.6pp |
| Net Margin | 3.1% | 3.3% | 15.0% | -0.2pp | -11.9pp |
| EPS (Diluted) | $0.29 | $0.41 | $2.07 | -29.3% | -86.0% |
| Free Cash Flow | $1.8B | -$2.6B | $2.4B | 169.5% | -27.2% |
| Item | Amount |
|---|---|
| REVENUE | $8.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $6.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $1.3B |
| SG&A Expenses | $2.7B |
| Other Expenses | $2.8B |
| Operating Expenses | $5.5B |
| Cost & Expenses | $7.6B |
| OPERATING INCOME | $622M |
| Interest Income | $2.4B |
| Interest Expense | $542M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $622M |
| Income Tax Expense | $365M |
| Net Income from Continuing Ops | $257M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $257M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $374M |
| EBIT | $622M |
| EBITDA | $996M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $6.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $1.3B |
| SG&A Expenses | $2.7B |
| Other Expenses | $2.8B |
| Operating Expenses | $5.5B |
| Cost & Expenses | $7.6B |
| OPERATING INCOME | $622M |
| Interest Income | $2.4B |
| Interest Expense | $542M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $622M |
| Income Tax Expense | $365M |
| Net Income from Continuing Ops | $257M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $257M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $374M |
| EBIT | $622M |
| EBITDA | $996M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $257M |
| Depreciation & Amortization | $374M |
| Stock-Based Compensation | $66M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | -$124M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$354M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.1B |
| Sales/Maturities of Investments | $233M |
| Other Investing Activities | $15.5B |
| NET CASH FROM INVESTING | $219M |
| Net Debt Issuance | -$5.8B |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$366M |
| Other Financing Activities | $6.8B |
| NET CASH FROM FINANCING | $638M |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | $3.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41.2B |
| Short-Term Investments | $11.7B |
| Net Receivables | $37.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $90.0B |
| PP&E (Net) | $4.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $120.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$27.1B |
| TOTAL NON-CURRENT ASSETS | $98.6B |
| TOTAL ASSETS | $188.6B |
| Account Payables | $7.7B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84.8B |
| TOTAL CURRENT LIABILITIES | $94.1B |
| Long-Term Debt | $48.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24.6B |
| TOTAL NON-CURRENT LIABILITIES | $73.4B |
| TOTAL LIABILITIES | $167.5B |
| Common Stock | $161M |
| Additional Paid-In Capital | $11.8B |
| Retained Earnings | $12.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $21.1B |
| TOTAL LIABILITIES & EQUITY | $188.6B |
| Total Debt | $50.4B |
| Net Debt | $9.1B |
