| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.1B | $7.4B | $11.1B | 22.2% | -18.3% |
| Op. Income | $1.1B | $700M | $1.6B | 55.7% | -31.6% |
| Gross Margin | 30.6% | 31.6% | 30.2% | -1.0pp | 0.4pp |
| Net Margin | 7.3% | 7.0% | 10.2% | 0.4pp | -2.9pp |
| EPS (Diluted) | $2.11 | $1.63 | $3.52 | 29.4% | -40.1% |
| Free Cash Flow | $671M | -$1.3B | -$600M | 151.8% | 211.8% |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $406M |
| Selling & Marketing | $0 |
| General & Administrative | $906M |
| SG&A Expenses | $906M |
| Other Expenses | $377M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $8.0B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $342M |
| Other Income/Expenses | -$179M |
| INCOME BEFORE TAX | $911M |
| Income Tax Expense | $245M |
| Net Income from Continuing Ops | $666M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $666M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $666M |
| D&A | $529M |
| EBIT | $1.3B |
| EBITDA | $1.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $6.3B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $406M |
| Selling & Marketing | $0 |
| General & Administrative | $906M |
| SG&A Expenses | $906M |
| Other Expenses | $377M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $8.0B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $342M |
| Other Income/Expenses | -$179M |
| INCOME BEFORE TAX | $911M |
| Income Tax Expense | $245M |
| Net Income from Continuing Ops | $666M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $666M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $666M |
| D&A | $529M |
| EBIT | $1.3B |
| EBITDA | $1.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $666M |
| Depreciation & Amortization | $529M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $198M |
| Change in Working Capital | -$106M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$613M |
| Acquisitions (Net) | $472M |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$839M |
| NET CASH FROM INVESTING | -$996M |
| Net Debt Issuance | $5.5B |
| Common Stock Repurchased | -$149M |
| Common Dividends Paid | -$235M |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $5.1B |
| FREE CASH FLOW | $671M |
| Net Change in Cash | $5.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.9B |
| Short-Term Investments | $626M |
| Net Receivables | $39.2B |
| Inventory | $6.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $54.9B |
| PP&E (Net) | $12.9B |
| Goodwill | $2.9B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $192M |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $22.5B |
| TOTAL ASSETS | $77.3B |
| Account Payables | $9.1B |
| Short-Term Debt | $15.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25.0B |
| Long-Term Debt | $34.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $475M |
| Other Non-Current Liabilities | $5.7B |
| TOTAL NON-CURRENT LIABILITIES | $40.5B |
| TOTAL LIABILITIES | $65.5B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $30.6B |
| Treasury Stock | -$17.7B |
| Accum. Other Comp. Income | -$5.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $1M |
| TOTAL EQUITY | $11.9B |
| TOTAL LIABILITIES & EQUITY | $77.3B |
| Total Debt | $50.1B |
| Net Debt | $41.2B |
