| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $5.9B | — | 6.0% | — |
| Op. Income | $1.7B | $2.0B | — | -14.5% | — |
| Gross Margin | 68.2% | 68.9% | — | -0.6pp | — |
| Net Margin | 22.8% | 28.9% | — | -6.1pp | — |
| EPS (Diluted) | $0.87 | $1.04 | — | -16.3% | — |
| Free Cash Flow | $1.9B | $1.2B | — | 59.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $1.1B |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.4B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $123M |
| Other Income/Expenses | -$100M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $337M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $169M |
| EBIT | $1.9B |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $1.1B |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.4B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $123M |
| Other Income/Expenses | -$100M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $337M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $169M |
| EBIT | $1.9B |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $169M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$89M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $535M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$191M |
| Acquisitions (Net) | $163M |
| Purchases of Investments | -$195M |
| Sales/Maturities of Investments | $938M |
| Other Investing Activities | $940M |
| NET CASH FROM INVESTING | $715M |
| Net Debt Issuance | $18.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$671M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $18.3B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $21.1B |
