| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $5.5B | $5.7B | -7.3% | -9.5% |
| Op. Income | -$3.0B | $2.4B | $2.4B | -224.2% | -222.8% |
| Gross Margin | 79.3% | 82.5% | 82.4% | -3.2pp | -3.1pp |
| Net Margin | -64.9% | 28.0% | 33.1% | -92.9pp | -98.0pp |
| EPS (Diluted) | $-2.66 | $1.22 | $1.47 | -318.0% | -281.0% |
| Free Cash Flow | $2.4B | $1.3B | $2.2B | 91.5% | 12.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $4.1B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.2B |
| Other Expenses | $4.5B |
| Operating Expenses | $7.1B |
| Cost & Expenses | $8.1B |
| OPERATING INCOME | -$3.0B |
| Interest Income | $0 |
| Interest Expense | $240M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$3.0B |
| Income Tax Expense | $373M |
| Net Income from Continuing Ops | -$3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.3B |
| D&A | $349M |
| EBIT | -$2.7B |
| EBITDA | -$2.4B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$3.3B |
| Depreciation & Amortization | $349M |
| Stock-Based Compensation | $168M |
| Deferred Income Tax | $53M |
| Other Non-Cash Items | $4.4B |
| Change in Working Capital | $962M |
| OPERATING CASH FLOW | $2.6B |
| Capital Expenditure | -$143M |
| Acquisitions (Net) | -$4.7B |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $3.5B |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$5.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$54M |
| Common Dividends Paid | -$856M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$874M |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | -$3.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.7B |
| Short-Term Investments | $12.2B |
| Net Receivables | $3.2B |
| Inventory | $1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24.6B |
| PP&E (Net) | $4.7B |
| Goodwill | $4.1B |
| Intangible Assets | $13.2B |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.0B |
| TOTAL NON-CURRENT ASSETS | $31.3B |
| TOTAL ASSETS | $55.9B |
| Account Payables | $532M |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $505M |
| TOTAL CURRENT LIABILITIES | $10.6B |
| Long-Term Debt | $21.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.1B |
| TOTAL NON-CURRENT LIABILITIES | $27.2B |
| TOTAL LIABILITIES | $37.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $14.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.0B |
| Minority Interest | $115M |
| TOTAL EQUITY | $18.1B |
| TOTAL LIABILITIES & EQUITY | $55.9B |
| Total Debt | $24.1B |
| Net Debt | $17.4B |
