| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.9B | $16.3B | $16.1B | 16.1% | 17.5% |
| Op. Income | $725M | $591M | $749M | 22.7% | -3.2% |
| Gross Margin | 17.6% | 16.2% | 16.5% | 1.4pp | 1.2pp |
| Net Margin | 2.5% | 3.1% | 3.5% | -0.6pp | -1.0pp |
| EPS (Diluted) | $3.56 | $3.84 | $4.16 | -7.3% | -14.4% |
| Free Cash Flow | $282M | $282M | $757M | 0.0% | -62.7% |
| Item | Amount |
|---|---|
| REVENUE | $18.9B |
| Cost of Revenue | $15.6B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.6B |
| Operating Expenses | $2.6B |
| Cost & Expenses | $18.2B |
| OPERATING INCOME | $725M |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $725M |
| Income Tax Expense | $244M |
| Net Income from Continuing Ops | $473M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $473M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $473M |
| D&A | $145M |
| EBIT | $785M |
| EBITDA | $930M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $18.9B |
| Cost of Revenue | $15.6B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.6B |
| Operating Expenses | $2.6B |
| Cost & Expenses | $18.2B |
| OPERATING INCOME | $725M |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $725M |
| Income Tax Expense | $244M |
| Net Income from Continuing Ops | $473M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $473M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $473M |
| D&A | $145M |
| EBIT | $785M |
| EBITDA | $930M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $473M |
| Depreciation & Amortization | $145M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$70M |
| Change in Working Capital | -$107M |
| OPERATING CASH FLOW | $474M |
| Capital Expenditure | -$192M |
| Acquisitions (Net) | -$709M |
| Purchases of Investments | -$2.5B |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $2.3B |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$73M |
| Other Financing Activities | $538M |
| NET CASH FROM FINANCING | $2.7B |
| FREE CASH FLOW | $282M |
| Net Change in Cash | $2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $2.0B |
| Goodwill | $4.4B |
| Intangible Assets | $396M |
| Long-Term Investments | $12.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.1B |
| TOTAL NON-CURRENT ASSETS | $26.6B |
| TOTAL ASSETS | $34.6B |
| Account Payables | $7.1B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $274M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $6.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $13.0B |
| TOTAL LIABILITIES | $22.3B |
| Common Stock | $33M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $17.9B |
| Treasury Stock | -$8.5B |
| Accum. Other Comp. Income | $48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.4B |
| TOTAL LIABILITIES & EQUITY | $34.6B |
| Total Debt | $8.0B |
| Net Debt | $1.9B |
