| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.5B | $7.1B | — | 5.4% | — |
| Op. Income | $2.0B | $6.5B | — | -68.5% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 22.0% | 23.2% | — | -1.2pp | — |
| EPS (Diluted) | $0.32 | $0.32 | — | 0.0% | — |
| Free Cash Flow | -$4.8B | -$4.8B | — | 0.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $286M |
| General & Administrative | $8.7B |
| SG&A Expenses | $9.0B |
| Other Expenses | $36M |
| Operating Expenses | $5.4B |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $2.0B |
| Interest Income | $3.2B |
| Interest Expense | $0 |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $401M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$247M |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | -$2.2B |
| EBIT | $2.1B |
| EBITDA | -$158M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $7.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $286M |
| General & Administrative | $8.7B |
| SG&A Expenses | $9.0B |
| Other Expenses | $36M |
| Operating Expenses | $5.4B |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $2.0B |
| Interest Income | $3.2B |
| Interest Expense | $0 |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $401M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$247M |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | -$2.2B |
| EBIT | $2.1B |
| EBITDA | -$158M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $513M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.6B |
| Change in Working Capital | -$7.7B |
| OPERATING CASH FLOW | -$4.1B |
| Capital Expenditure | -$605M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $605M |
| NET CASH FROM INVESTING | -$577M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$645M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | -$4.8B |
| Net Change in Cash | -$9.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213.4B |
| Short-Term Investments | $174.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $388.1B |
| PP&E (Net) | $5.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $168.1B |
| Tax Assets | $4.2B |
| Other Non-Current Assets | $1.1T |
| TOTAL NON-CURRENT ASSETS | $1.3T |
| TOTAL ASSETS | $1.7T |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $616.1B |
| TOTAL CURRENT LIABILITIES | $616.1B |
| Long-Term Debt | $148.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $807.5B |
| TOTAL NON-CURRENT LIABILITIES | $955.5B |
| TOTAL LIABILITIES | $1.6T |
| Common Stock | $5.8B |
| Additional Paid-In Capital | $247M |
| Retained Earnings | $60.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $25.0B |
| TOTAL STOCKHOLDERS' EQUITY | $91.2B |
| Minority Interest | $1.6B |
| TOTAL EQUITY | $92.9B |
| TOTAL LIABILITIES & EQUITY | $1.7T |
| Total Debt | $148.0B |
| Net Debt | -$65.4B |
