| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.3B | $16.1B | $14.3B | 0.9% | 14.0% |
| Op. Income | $1.2B | $749M | $862M | 65.7% | 44.0% |
| Gross Margin | 18.3% | 16.5% | 13.3% | 1.8pp | 5.0pp |
| Net Margin | 5.8% | 3.5% | 1.4% | 2.3pp | 4.4pp |
| EPS (Diluted) | $6.94 | $4.16 | $1.39 | 66.8% | 399.3% |
| Free Cash Flow | $1.3B | $757M | -$263M | 68.7% | 585.6% |
| Item | Amount |
|---|---|
| REVENUE | $16.3B |
| Cost of Revenue | $13.3B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.7B |
| Operating Expenses | $1.7B |
| Cost & Expenses | $15.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $301M |
| Net Income from Continuing Ops | $940M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $940M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $940M |
| D&A | $140M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $16.3B |
| Cost of Revenue | $13.3B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.7B |
| Operating Expenses | $1.7B |
| Cost & Expenses | $15.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $301M |
| Net Income from Continuing Ops | $940M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $940M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $940M |
| D&A | $140M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $940M |
| Depreciation & Amortization | $140M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $303M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$157M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$960M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $101M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | -$373M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$74M |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$477M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $901M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $0 |
| Net Receivables | $904M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $2.2B |
| Goodwill | $3.9B |
| Intangible Assets | $211M |
| Long-Term Investments | $11.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $23.2B |
| TOTAL ASSETS | $28.9B |
| Account Payables | $5.8B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $312M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.7B |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $17.0B |
| Common Stock | $33M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $16.4B |
| Treasury Stock | -$7.5B |
| Accum. Other Comp. Income | $112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.9B |
| TOTAL LIABILITIES & EQUITY | $28.9B |
| Total Debt | $6.2B |
| Net Debt | $1.4B |
