| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.2B | $13.4B | $13.1B | -2.0% | 0.7% |
| Op. Income | $3.6B | $3.7B | $3.8B | -3.0% | -5.9% |
| Gross Margin | 64.3% | 63.9% | 62.3% | 0.5pp | 2.0pp |
| Net Margin | 22.2% | 16.4% | 27.1% | 5.8pp | -4.9pp |
| EPS (Diluted) | $0.68 | $0.51 | $0.77 | 33.3% | -11.7% |
| Free Cash Flow | $3.4B | $3.7B | $3.6B | -9.3% | -4.7% |
| Item | Amount |
|---|---|
| REVENUE | $13.2B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.5B |
| General & Administrative | $519M |
| SG&A Expenses | $3.0B |
| Other Expenses | $220M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $9.6B |
| OPERATING INCOME | $3.6B |
| Interest Income | $273M |
| Interest Expense | $178M |
| Other Income/Expenses | $107M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $760M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $461M |
| EBIT | $3.8B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.2B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $8.5B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.5B |
| General & Administrative | $519M |
| SG&A Expenses | $3.0B |
| Other Expenses | $220M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $9.6B |
| OPERATING INCOME | $3.6B |
| Interest Income | $273M |
| Interest Expense | $178M |
| Other Income/Expenses | $107M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $760M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $461M |
| EBIT | $3.8B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $461M |
| Stock-Based Compensation | $395M |
| Deferred Income Tax | $81M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$318M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$202M |
| Acquisitions (Net) | -$163M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $4.4B |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | -$6.2B |
| Common Stock Repurchased | -$978M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$8.7B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | -$3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.6B |
| Short-Term Investments | $19.4B |
| Net Receivables | $9.9B |
| Inventory | $1.3B |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $41.7B |
| PP&E (Net) | $2.7B |
| Goodwill | $33.6B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $4.0B |
| Other Non-Current Assets | $8.5B |
| TOTAL NON-CURRENT ASSETS | $50.8B |
| TOTAL ASSETS | $92.5B |
| Account Payables | $2.0B |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $10.6B |
| Other Current Liabilities | $7.1B |
| TOTAL CURRENT LIABILITIES | $24.6B |
| Long-Term Debt | $14.5B |
| Deferred Revenue NC | $8.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.0B |
| TOTAL NON-CURRENT LIABILITIES | $33.5B |
| TOTAL LIABILITIES | $58.1B |
| Common Stock | $40.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$815M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $34.4B |
| TOTAL LIABILITIES & EQUITY | $92.5B |
| Total Debt | $18.5B |
| Net Debt | $9.9B |
