| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.5B | $23.7B | — | 7.7% | — |
| Op. Income | $4.1B | $4.6B | — | -12.3% | — |
| Gross Margin | 66.5% | 71.3% | — | -4.8pp | — |
| Net Margin | 7.9% | 12.6% | — | -4.7pp | — |
| EPS (Diluted) | $0.44 | $0.65 | — | -32.3% | — |
| Free Cash Flow | $2.3B | $6.0B | — | -61.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $25.5B |
| Cost of Revenue | $8.6B |
| GROSS PROFIT | $17.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $62M |
| Operating Expenses | $12.9B |
| Cost & Expenses | $21.5B |
| OPERATING INCOME | $4.1B |
| Interest Income | $0 |
| Interest Expense | $1.2B |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $739M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $3.3B |
| EBIT | $4.1B |
| EBITDA | $7.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25.5B |
| Cost of Revenue | $8.6B |
| GROSS PROFIT | $17.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $62M |
| Operating Expenses | $12.9B |
| Cost & Expenses | $21.5B |
| OPERATING INCOME | $4.1B |
| Interest Income | $0 |
| Interest Expense | $1.2B |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $739M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $3.3B |
| EBIT | $4.1B |
| EBITDA | $7.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $3.3B |
| Stock-Based Compensation | $301M |
| Deferred Income Tax | -$140M |
| Other Non-Cash Items | $369M |
| Change in Working Capital | -$653M |
| OPERATING CASH FLOW | $5.2B |
| Capital Expenditure | -$2.9B |
| Acquisitions (Net) | -$348M |
| Purchases of Investments | -$74M |
| Sales/Maturities of Investments | $2.9B |
| Other Investing Activities | -$3.1B |
| NET CASH FROM INVESTING | -$3.5B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$160M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $484M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.7B |
| Short-Term Investments | $0 |
| Net Receivables | $10.3B |
| Inventory | $0 |
| Other Current Assets | $3.4B |
| TOTAL CURRENT ASSETS | $27.4B |
| PP&E (Net) | $50.5B |
| Goodwill | $68.9B |
| Intangible Assets | $106.6B |
| Long-Term Investments | $7.1B |
| Tax Assets | $27.9B |
| Other Non-Current Assets | -$19.4B |
| TOTAL NON-CURRENT ASSETS | $241.6B |
| TOTAL ASSETS | $268.9B |
| Account Payables | $11.0B |
| Short-Term Debt | $4.4B |
| Deferred Revenue | $2.9B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $29.5B |
| Long-Term Debt | $105.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27.9B |
| Other Non-Current Liabilities | $17.5B |
| TOTAL NON-CURRENT LIABILITIES | $150.6B |
| TOTAL LIABILITIES | $180.1B |
| Common Stock | $54M |
| Additional Paid-In Capital | $39.2B |
| Retained Earnings | $54.3B |
| Treasury Stock | -$7.5B |
| Accum. Other Comp. Income | $212M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $86.2B |
| Minority Interest | $2.6B |
| TOTAL EQUITY | $88.8B |
| TOTAL LIABILITIES & EQUITY | $268.9B |
| Total Debt | $104.4B |
| Net Debt | $90.7B |
