| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.9B | $7.1B | $5.7B | -2.3% | 20.6% |
| Op. Income | $1.4B | $1.4B | $1.1B | -0.8% | 20.3% |
| Gross Margin | 63.4% | 65.8% | 68.7% | -2.3pp | -5.3pp |
| Net Margin | 15.9% | 15.6% | 15.9% | 0.2pp | -0.1pp |
| EPS (Diluted) | $1.65 | $1.67 | $1.36 | -0.9% | 21.5% |
| Free Cash Flow | -$3.5B | $4.5B | -$787M | -178.5% | -347.7% |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.9B |
| SG&A Expenses | $1.9B |
| Other Expenses | $1.1B |
| Operating Expenses | $3.0B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $1.4B |
| Interest Income | $4.7B |
| Interest Expense | $2.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $281M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $18M |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $221M |
| EBIT | $1.4B |
| EBITDA | $1.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.9B |
| SG&A Expenses | $1.9B |
| Other Expenses | $1.1B |
| Operating Expenses | $3.0B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $1.4B |
| Interest Income | $4.7B |
| Interest Expense | $2.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $281M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $18M |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $221M |
| EBIT | $1.4B |
| EBITDA | $1.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $221M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $50M |
| Other Non-Cash Items | $98M |
| Change in Working Capital | -$4.8B |
| OPERATING CASH FLOW | -$3.3B |
| Capital Expenditure | -$186M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7.9B |
| Sales/Maturities of Investments | $6.8B |
| Other Investing Activities | $56M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$505M |
| Other Financing Activities | $979M |
| NET CASH FROM FINANCING | $746M |
| FREE CASH FLOW | -$3.5B |
| Net Change in Cash | -$3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31.7B |
| Short-Term Investments | $50.2B |
| Net Receivables | $957M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $82.8B |
| PP&E (Net) | $1.4B |
| Goodwill | $4.8B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $333.6B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $181.3B |
| TOTAL NON-CURRENT ASSETS | $524.1B |
| TOTAL ASSETS | $606.9B |
| Account Payables | $0 |
| Short-Term Debt | $116.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $316.5B |
| TOTAL CURRENT LIABILITIES | $432.5B |
| Long-Term Debt | $79.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $58.8B |
| TOTAL NON-CURRENT LIABILITIES | $138.3B |
| TOTAL LIABILITIES | $570.8B |
| Common Stock | $9.5B |
| Additional Paid-In Capital | $224M |
| Retained Earnings | $20.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $36.1B |
| TOTAL LIABILITIES & EQUITY | $606.9B |
| Total Debt | $195.4B |
| Net Debt | $163.7B |