| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.6B | $7.2B | — | 6.0% | — |
| Op. Income | $538M | $2.2B | — | -75.6% | — |
| Gross Margin | 82.0% | 80.8% | — | 1.1pp | — |
| Net Margin | -2.4% | 20.0% | — | -22.4pp | — |
| EPS (Diluted) | $-0.05 | $0.20 | — | -123.5% | — |
| Free Cash Flow | $3.4B | $400M | — | 760.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $6.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.1B |
| SG&A Expenses | $3.1B |
| Other Expenses | $2.6B |
| Operating Expenses | $5.7B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $538M |
| Interest Income | $5.5B |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $538M |
| Income Tax Expense | $503M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$181M |
| D&A | $475M |
| EBIT | $538M |
| EBITDA | $1.0B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$181M |
| Depreciation & Amortization | -$297M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4.0B |
| Change in Working Capital | $7.7B |
| OPERATING CASH FLOW | $3.2B |
| Capital Expenditure | $282M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $974M |
| NET CASH FROM INVESTING | $1.3B |
| Net Debt Issuance | $3.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$908M |
| Other Financing Activities | -$4.3B |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | -$47.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57.9B |
| Short-Term Investments | $150.9B |
| Net Receivables | $33.4B |
| Inventory | $0 |
| Other Current Assets | -$20.2B |
| TOTAL CURRENT ASSETS | $227.6B |
| PP&E (Net) | $11.5B |
| Goodwill | $5.8B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $564.1B |
| Tax Assets | $17.9B |
| Other Non-Current Assets | -$16.1B |
| TOTAL NON-CURRENT ASSETS | $585.6B |
| TOTAL ASSETS | $813.1B |
| Account Payables | $0 |
| Short-Term Debt | $51.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $500.2B |
| TOTAL CURRENT LIABILITIES | $554.5B |
| Long-Term Debt | $80.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $108.1B |
| TOTAL NON-CURRENT LIABILITIES | $194.5B |
| TOTAL LIABILITIES | $748.9B |
| Common Stock | $3.8B |
| Additional Paid-In Capital | $28.1B |
| Retained Earnings | $38.5B |
| Treasury Stock | -$72M |
| Accum. Other Comp. Income | -$13.4B |
| Other Equity | $65M |
| TOTAL STOCKHOLDERS' EQUITY | $57.0B |
| Minority Interest | $7.3B |
| TOTAL EQUITY | $64.2B |
| TOTAL LIABILITIES & EQUITY | $813.1B |
| Total Debt | $135.5B |
| Net Debt | $77.6B |
