| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.2B | $26.6B | $26.5B | -12.8% | -12.4% |
| Op. Income | $1.1B | $3.1B | $6.2B | -64.5% | -82.0% |
| Gross Margin | 49.8% | 52.8% | 62.9% | -3.0pp | -13.1pp |
| Net Margin | 4.5% | 9.5% | 18.1% | -5.0pp | -13.6pp |
| EPS (Diluted) | $0.38 | $1.06 | $1.95 | -64.2% | -80.5% |
| Free Cash Flow | $5.5B | -$26.0B | -$3.0B | 121.0% | 284.0% |
| Item | Amount |
|---|---|
| REVENUE | $23.2B |
| Cost of Revenue | $11.7B |
| GROSS PROFIT | $11.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $299M |
| General & Administrative | $5.6B |
| SG&A Expenses | $5.9B |
| Other Expenses | $4.5B |
| Operating Expenses | $10.5B |
| Cost & Expenses | $22.1B |
| OPERATING INCOME | $1.1B |
| Interest Income | $14.6B |
| Interest Expense | $3.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $792M |
| D&A | $926M |
| EBIT | $1.1B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $23.2B |
| Cost of Revenue | $11.7B |
| GROSS PROFIT | $11.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $299M |
| General & Administrative | $5.6B |
| SG&A Expenses | $5.9B |
| Other Expenses | $4.5B |
| Operating Expenses | $10.5B |
| Cost & Expenses | $22.1B |
| OPERATING INCOME | $1.1B |
| Interest Income | $14.6B |
| Interest Expense | $3.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $792M |
| D&A | $926M |
| EBIT | $1.1B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $926M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7.5B |
| Change in Working Capital | -$3.1B |
| OPERATING CASH FLOW | $6.3B |
| Capital Expenditure | -$858M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$99.0B |
| Sales/Maturities of Investments | $66.5B |
| Other Investing Activities | $14.6B |
| NET CASH FROM INVESTING | -$18.8B |
| Net Debt Issuance | -$4.5B |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $42.1B |
| NET CASH FROM FINANCING | $36.4B |
| FREE CASH FLOW | $5.5B |
| Net Change in Cash | $23.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $309.8B |
| Short-Term Investments | $336.0B |
| Net Receivables | $52.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $698.3B |
| PP&E (Net) | $0 |
| Goodwill | $21.4B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $748.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $760.1B |
| TOTAL NON-CURRENT ASSETS | $1.5T |
| TOTAL ASSETS | $2.2T |
| Account Payables | $60.6B |
| Short-Term Debt | $255.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4T |
| TOTAL CURRENT LIABILITIES | $1.7T |
| Long-Term Debt | $279.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61.3B |
| TOTAL NON-CURRENT LIABILITIES | $341.0B |
| TOTAL LIABILITIES | $2.0T |
| Common Stock | $31M |
| Additional Paid-In Capital | $107.7B |
| Retained Earnings | $163.4B |
| Treasury Stock | -$64.1B |
| Accum. Other Comp. Income | -$33.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $191.6B |
| Minority Interest | $680M |
| TOTAL EQUITY | $192.3B |
| TOTAL LIABILITIES & EQUITY | $2.2T |
| Total Debt | $535.7B |
| Net Debt | $225.9B |
