| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.4B | $13.1B | $11.9B | -4.8% | 4.7% |
| Op. Income | $3.2B | $3.8B | $3.1B | -15.6% | 4.5% |
| Gross Margin | 62.5% | 62.3% | 63.1% | 0.1pp | -0.6pp |
| Net Margin | 22.7% | 27.1% | -73.8% | -4.5pp | 96.5pp |
| EPS (Diluted) | $0.63 | $0.77 | $-1.78 | -18.2% | 135.4% |
| Free Cash Flow | $3.5B | $3.6B | $3.9B | -0.4% | -8.4% |
| Item | Amount |
|---|---|
| REVENUE | $12.4B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $509M |
| SG&A Expenses | $2.8B |
| Other Expenses | $225M |
| Operating Expenses | $4.6B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $3.2B |
| Interest Income | $328M |
| Interest Expense | $223M |
| Other Income/Expenses | $132M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $521M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $487M |
| EBIT | $3.6B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.4B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $509M |
| SG&A Expenses | $2.8B |
| Other Expenses | $225M |
| Operating Expenses | $4.6B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $3.2B |
| Interest Income | $328M |
| Interest Expense | $223M |
| Other Income/Expenses | $132M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $521M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $487M |
| EBIT | $3.6B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $487M |
| Stock-Based Compensation | $389M |
| Deferred Income Tax | -$185M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | $346M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$261M |
| Acquisitions (Net) | $365M |
| Purchases of Investments | -$232M |
| Sales/Maturities of Investments | $4.0B |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $3.9B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5.2B |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $77M |
| NET CASH FROM FINANCING | -$6.3B |
| FREE CASH FLOW | $3.5B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.8B |
| Short-Term Investments | $30.5B |
| Net Receivables | $8.8B |
| Inventory | $1.7B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $53.1B |
| PP&E (Net) | $2.9B |
| Goodwill | $33.3B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $0 |
| Tax Assets | $4.1B |
| Other Non-Current Assets | $6.8B |
| TOTAL NON-CURRENT ASSETS | $49.3B |
| TOTAL ASSETS | $102.5B |
| Account Payables | $1.7B |
| Short-Term Debt | $9.7B |
| Deferred Revenue | $10.0B |
| Other Current Liabilities | $7.0B |
| TOTAL CURRENT LIABILITIES | $29.5B |
| Long-Term Debt | $15.9B |
| Deferred Revenue NC | $7.3B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.0B |
| TOTAL NON-CURRENT LIABILITIES | $32.2B |
| TOTAL LIABILITIES | $61.7B |
| Common Stock | $41.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $538M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $40.8B |
| TOTAL LIABILITIES & EQUITY | $102.5B |
| Total Debt | $25.6B |
| Net Debt | $15.8B |
