| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.0B | $12.0B | $13.0B | -0.2% | -7.5% |
| Op. Income | $3.4B | $3.4B | $3.5B | 1.0% | -2.8% |
| Gross Margin | 64.9% | 64.7% | 63.1% | 0.2pp | 1.8pp |
| Net Margin | 23.1% | 24.0% | 23.5% | -0.8pp | -0.3pp |
| EPS (Diluted) | $0.65 | $0.68 | $0.69 | -4.4% | -5.8% |
| Free Cash Flow | $4.1B | $3.6B | $4.1B | 12.6% | -0.9% |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.2B |
| General & Administrative | $457M |
| SG&A Expenses | $2.6B |
| Other Expenses | $162M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $3.4B |
| Interest Income | $218M |
| Interest Expense | $130M |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $670M |
| 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 | $446M |
| EBIT | $3.5B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $7.8B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.2B |
| General & Administrative | $457M |
| SG&A Expenses | $2.6B |
| Other Expenses | $162M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $3.4B |
| Interest Income | $218M |
| Interest Expense | $130M |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $670M |
| 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 | $446M |
| EBIT | $3.5B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $446M |
| Stock-Based Compensation | $391M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $660M |
| OPERATING CASH FLOW | $4.2B |
| Capital Expenditure | -$171M |
| Acquisitions (Net) | -$74M |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $3.1B |
| Other Investing Activities | $44M |
| NET CASH FROM INVESTING | $236M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$2.6B |
| FREE CASH FLOW | $4.1B |
| Net Change in Cash | $1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.4B |
| Short-Term Investments | $18.2B |
| Net Receivables | $9.3B |
| Inventory | $1.2B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $41.3B |
| PP&E (Net) | $2.5B |
| Goodwill | $33.5B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $0 |
| Tax Assets | $3.9B |
| Other Non-Current Assets | $8.4B |
| TOTAL NON-CURRENT ASSETS | $50.1B |
| TOTAL ASSETS | $91.4B |
| Account Payables | $2.4B |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $10.7B |
| Other Current Liabilities | $7.3B |
| TOTAL CURRENT LIABILITIES | $25.9B |
| Long-Term Debt | $11.6B |
| Deferred Revenue NC | $7.9B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.2B |
| TOTAL NON-CURRENT LIABILITIES | $29.7B |
| TOTAL LIABILITIES | $55.7B |
| Common Stock | $40.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $35.7B |
| TOTAL LIABILITIES & EQUITY | $91.4B |
| Total Debt | $16.1B |
| Net Debt | $5.7B |
