| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.1B | $12.8B | $14.3B | 3.0% | -8.4% |
| Op. Income | $1.9B | $2.0B | $1.9B | -8.4% | -1.8% |
| Gross Margin | 29.2% | 31.4% | 29.0% | -2.1pp | 0.2pp |
| Net Margin | 8.4% | 11.7% | 7.3% | -3.4pp | 1.0pp |
| EPS (Diluted) | $1.97 | $2.66 | $1.78 | -25.9% | 10.7% |
| Free Cash Flow | $1.6B | $138M | $1.3B | 1074.6% | 25.1% |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $9.3B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $386M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $325M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $11.3B |
| OPERATING INCOME | $1.9B |
| Interest Income | $46M |
| Interest Expense | $111M |
| Other Income/Expenses | -$477M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $276M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $644M |
| EBIT | $1.5B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $9.3B |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $386M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $325M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $11.3B |
| OPERATING INCOME | $1.9B |
| Interest Income | $46M |
| Interest Expense | $111M |
| Other Income/Expenses | -$477M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $276M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $644M |
| EBIT | $1.5B |
| EBITDA | $2.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $644M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $509M |
| Change in Working Capital | $149M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$813M |
| Acquisitions (Net) | $38M |
| Purchases of Investments | -$168M |
| Sales/Maturities of Investments | $248M |
| Other Investing Activities | -$212M |
| NET CASH FROM INVESTING | -$574M |
| Net Debt Issuance | -$353M |
| Common Stock Repurchased | -$764M |
| Common Dividends Paid | -$568M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $356M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.3B |
| Short-Term Investments | $0 |
| Net Receivables | $17.9B |
| Inventory | $11.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $39.2B |
| PP&E (Net) | $12.9B |
| Goodwill | $6.2B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $17.2B |
| TOTAL NON-CURRENT ASSETS | $39.3B |
| TOTAL ASSETS | $78.5B |
| Account Payables | $6.0B |
| Short-Term Debt | $11.4B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $26.6B |
| Long-Term Debt | $26.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.9B |
| TOTAL NON-CURRENT LIABILITIES | $37.2B |
| TOTAL LIABILITIES | $63.8B |
| Common Stock | $5.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $34.4B |
| Treasury Stock | -$24.2B |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.6B |
| Minority Interest | $41M |
| TOTAL EQUITY | $14.6B |
| TOTAL LIABILITIES & EQUITY | $78.5B |
| Total Debt | $37.7B |
| Net Debt | $37.7B |
