| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $7.2B | $6.9B | -18.1% | -14.6% |
| Op. Income | $604M | $1.5B | $1.4B | -58.9% | -56.0% |
| Gross Margin | 53.4% | 64.7% | 63.4% | -11.3pp | -10.0pp |
| Net Margin | 8.5% | 16.2% | 15.9% | -7.6pp | -7.3pp |
| EPS (Diluted) | $0.73 | $1.73 | $1.65 | -57.8% | -55.8% |
| Free Cash Flow | $24.2B | $7.7B | -$3.5B | 213.7% | 787.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.4B |
| Other Expenses | $1.2B |
| Operating Expenses | $2.5B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $604M |
| Interest Income | $4.5B |
| Interest Expense | $1.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $604M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $504M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $504M |
| Net Income Deductions | $19M |
| BOTTOM LINE NET INCOME | $466M |
| D&A | $297M |
| EBIT | $604M |
| EBITDA | $902M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.4B |
| Other Expenses | $1.2B |
| Operating Expenses | $2.5B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $604M |
| Interest Income | $4.5B |
| Interest Expense | $1.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $604M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $504M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $504M |
| Net Income Deductions | $19M |
| BOTTOM LINE NET INCOME | $466M |
| D&A | $297M |
| EBIT | $604M |
| EBITDA | $902M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $504M |
| Depreciation & Amortization | $297M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $153M |
| Other Non-Cash Items | $825M |
| Change in Working Capital | $22.7B |
| OPERATING CASH FLOW | $24.4B |
| Capital Expenditure | -$226M |
| Acquisitions (Net) | -$136M |
| Purchases of Investments | -$25.1B |
| Sales/Maturities of Investments | $16.7B |
| Other Investing Activities | -$310M |
| NET CASH FROM INVESTING | -$8.9B |
| Net Debt Issuance | $3.0B |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$547M |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | $2.3B |
| FREE CASH FLOW | $24.2B |
| Net Change in Cash | $18.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57.9B |
| Short-Term Investments | $54.4B |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $113.7B |
| PP&E (Net) | $2.9B |
| Goodwill | $5.0B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $414.5B |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $182.4B |
| TOTAL NON-CURRENT ASSETS | $607.6B |
| TOTAL ASSETS | $721.3B |
| Account Payables | $0 |
| Short-Term Debt | $135.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $380.1B |
| TOTAL CURRENT LIABILITIES | $515.2B |
| Long-Term Debt | $87.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $78.0B |
| TOTAL NON-CURRENT LIABILITIES | $165.8B |
| TOTAL LIABILITIES | $681.0B |
| Common Stock | $9.5B |
| Additional Paid-In Capital | $220M |
| Retained Earnings | $21.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $40.4B |
| TOTAL LIABILITIES & EQUITY | $721.3B |
| Total Debt | $222.9B |
| Net Debt | $164.9B |
