| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.6B | $21.8B | $18.2B | -19.3% | -3.4% |
| Op. Income | $1.2B | $4.3B | $2.0B | -72.2% | -41.3% |
| Gross Margin | 45.1% | 51.0% | 44.2% | -5.9pp | 0.8pp |
| Net Margin | 6.7% | 16.9% | 8.8% | -10.2pp | -2.1pp |
| EPS (Diluted) | $1.31 | $4.11 | $1.78 | -68.1% | -26.4% |
| Free Cash Flow | $3.7B | $2.7B | $4.1B | 35.7% | -9.1% |
| Item | Amount |
|---|---|
| REVENUE | $17.6B |
| Cost of Revenue | $9.6B |
| GROSS PROFIT | $7.9B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $428M |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.9B |
| Other Expenses | $223M |
| Operating Expenses | $6.7B |
| Cost & Expenses | $16.4B |
| OPERATING INCOME | $1.2B |
| Interest Income | $51M |
| Interest Expense | $326M |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | -$1.2B |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $1.6B |
| EBIT | $277M |
| EBITDA | $1.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $189M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $316M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $4.5B |
| Capital Expenditure | -$783M |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $938M |
| Other Investing Activities | -$127M |
| NET CASH FROM INVESTING | -$902M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | $3.7B |
| Net Change in Cash | $3.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.2B |
| Short-Term Investments | $647M |
| Net Receivables | $21.2B |
| Inventory | $1.8B |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $38.9B |
| PP&E (Net) | $14.5B |
| Goodwill | $57.5B |
| Intangible Assets | $14.7B |
| Long-Term Investments | $1.9B |
| Tax Assets | $8.8B |
| Other Non-Current Assets | $17.1B |
| TOTAL NON-CURRENT ASSETS | $114.5B |
| TOTAL ASSETS | $153.4B |
| Account Payables | $4.2B |
| Short-Term Debt | $11.6B |
| Deferred Revenue | $13.4B |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $40.7B |
| Long-Term Debt | $52.4B |
| Deferred Revenue NC | $3.8B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32.6B |
| TOTAL NON-CURRENT LIABILITIES | $92.6B |
| TOTAL LIABILITIES | $133.3B |
| Common Stock | $56.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $162.6B |
| Treasury Stock | -$169.4B |
| Accum. Other Comp. Income | -$29.3B |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $20.0B |
| Minority Interest | $129M |
| TOTAL EQUITY | $20.1B |
| TOTAL LIABILITIES & EQUITY | $153.4B |
| Total Debt | $69.5B |
| Net Debt | $58.2B |
