| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.1B | $19.1B | $16.3B | 5.2% | 23.5% |
| Op. Income | $1.8B | $2.6B | $889M | -31.4% | 101.3% |
| Gross Margin | 22.2% | 25.9% | 18.0% | -3.6pp | 4.2pp |
| Net Margin | 6.7% | 9.6% | 4.2% | -2.9pp | 2.4pp |
| EPS (Diluted) | $10.05 | $13.75 | $5.14 | -26.9% | 95.5% |
| Free Cash Flow | $1.6B | $2.8B | $2.2B | -44.9% | -29.9% |
| Item | Amount |
|---|---|
| REVENUE | $20.1B |
| Cost of Revenue | $15.6B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.7B |
| Operating Expenses | $2.7B |
| Cost & Expenses | $18.3B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $450M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $161M |
| EBIT | $1.9B |
| EBITDA | $2.0B |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| REVENUE | $20.1B |
| Cost of Revenue | $15.6B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.7B |
| Operating Expenses | $2.7B |
| Cost & Expenses | $18.3B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $450M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $161M |
| EBIT | $1.9B |
| EBITDA | $2.0B |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $161M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$652M |
| Change in Working Capital | $919M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$250M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | -$85M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$83M |
| Other Financing Activities | -$672M |
| NET CASH FROM FINANCING | -$845M |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $822M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $2.2B |
| Goodwill | $4.4B |
| Intangible Assets | $352M |
| Long-Term Investments | $15.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.3B |
| TOTAL NON-CURRENT ASSETS | $29.4B |
| TOTAL ASSETS | $38.5B |
| Account Payables | $8.2B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $274M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $6.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.4B |
| TOTAL NON-CURRENT LIABILITIES | $12.5B |
| TOTAL LIABILITIES | $22.7B |
| Common Stock | $33M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $20.9B |
| Treasury Stock | -$8.4B |
| Accum. Other Comp. Income | $370M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.8B |
| TOTAL LIABILITIES & EQUITY | $38.5B |
| Total Debt | $7.8B |
| Net Debt | -$202M |
