| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.4B | $24.0B | $22.3B | 1.3% | 9.2% |
| Op. Income | $5.9B | $6.1B | $5.7B | -2.4% | 4.7% |
| Gross Margin | 68.5% | 70.9% | 74.3% | -2.4pp | -5.8pp |
| Net Margin | 18.4% | 19.2% | 17.4% | -0.8pp | 1.1pp |
| EPS (Diluted) | $1.63 | $1.68 | $1.28 | -3.0% | 27.3% |
| Free Cash Flow | $642M | $6.0B | -$19.4B | -89.3% | 103.3% |
| Item | Amount |
|---|---|
| REVENUE | $24.4B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $16.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $411M |
| General & Administrative | $5.5B |
| SG&A Expenses | $5.9B |
| Other Expenses | $4.8B |
| Operating Expenses | $10.7B |
| Cost & Expenses | $18.4B |
| OPERATING INCOME | $5.9B |
| Interest Income | $17.6B |
| Interest Expense | $5.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $15M |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.1B |
| D&A | $929M |
| EBIT | $5.9B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $24.4B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $16.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $411M |
| General & Administrative | $5.5B |
| SG&A Expenses | $5.9B |
| Other Expenses | $4.8B |
| Operating Expenses | $10.7B |
| Cost & Expenses | $18.4B |
| OPERATING INCOME | $5.9B |
| Interest Income | $17.6B |
| Interest Expense | $5.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $15M |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.1B |
| D&A | $929M |
| EBIT | $5.9B |
| EBITDA | $6.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.5B |
| Depreciation & Amortization | $929M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5.9B |
| Change in Working Capital | $1.9B |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$721M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40.8B |
| Sales/Maturities of Investments | $44.5B |
| Other Investing Activities | -$7.4B |
| NET CASH FROM INVESTING | -$4.5B |
| Net Debt Issuance | $3.9B |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | $642M |
| Net Change in Cash | -$1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200.9B |
| Short-Term Investments | $281.1B |
| Net Receivables | $38.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $520.6B |
| PP&E (Net) | $0 |
| Goodwill | $22.1B |
| Intangible Assets | $5.3B |
| Long-Term Investments | $717.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $647.3B |
| TOTAL NON-CURRENT ASSETS | $1.4T |
| TOTAL ASSETS | $1.9T |
| Account Payables | $67.7B |
| Short-Term Debt | $215.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1T |
| TOTAL CURRENT LIABILITIES | $1.4T |
| Long-Term Debt | $236.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54.3B |
| TOTAL NON-CURRENT LIABILITIES | $291.2B |
| TOTAL LIABILITIES | $1.7T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.7B |
| Retained Earnings | $145.2B |
| Treasury Stock | -$34.4B |
| Accum. Other Comp. Income | -$37.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $200.1B |
| Minority Interest | $874M |
| TOTAL EQUITY | $201.0B |
| TOTAL LIABILITIES & EQUITY | $1.9T |
| Total Debt | $451.9B |
| Net Debt | $251.0B |
