| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.1B | $14.2B | $14.3B | 13.7% | 12.9% |
| Op. Income | $749M | $438M | $760M | 71.0% | -1.4% |
| Gross Margin | 16.5% | 19.5% | 13.2% | -3.1pp | 3.2pp |
| Net Margin | 3.5% | 2.5% | 3.4% | 1.0pp | 0.1pp |
| EPS (Diluted) | $4.16 | $2.58 | $3.53 | 61.2% | 17.8% |
| Free Cash Flow | $757M | -$509M | $3.6B | 248.7% | -78.7% |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $13.5B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.9B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $749M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $749M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $566M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $566M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $566M |
| D&A | $136M |
| EBIT | $811M |
| EBITDA | $947M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $16.1B |
| Cost of Revenue | $13.5B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.9B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $15.4B |
| OPERATING INCOME | $749M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $749M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $566M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $566M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $566M |
| D&A | $136M |
| EBIT | $811M |
| EBITDA | $947M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $566M |
| Depreciation & Amortization | $136M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $165M |
| OPERATING CASH FLOW | $896M |
| Capital Expenditure | -$139M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | $284M |
| NET CASH FROM INVESTING | $145M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$68M |
| Other Financing Activities | $554M |
| NET CASH FROM FINANCING | $493M |
| FREE CASH FLOW | $757M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $2.2B |
| Goodwill | $3.9B |
| Intangible Assets | $228M |
| Long-Term Investments | $11.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $22.5B |
| TOTAL ASSETS | $28.3B |
| Account Payables | $6.0B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $312M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.6B |
| TOTAL NON-CURRENT LIABILITIES | $9.3B |
| TOTAL LIABILITIES | $17.5B |
| Common Stock | $33M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $15.6B |
| Treasury Stock | -$7.5B |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.8B |
| TOTAL LIABILITIES & EQUITY | $28.3B |
| Total Debt | $6.5B |
| Net Debt | $2.7B |
