| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.2B | $18.2B | $20.0B | 5.4% | -4.2% |
| Op. Income | $2.4B | $2.0B | $3.3B | 17.2% | -27.5% |
| Gross Margin | 47.0% | 44.2% | 46.0% | 2.8pp | 1.0pp |
| Net Margin | 13.0% | 8.8% | 12.0% | 4.3pp | 1.0pp |
| EPS (Diluted) | $2.81 | $1.78 | $2.61 | 57.9% | 7.7% |
| Free Cash Flow | $2.2B | $4.1B | $1.2B | -45.6% | 82.0% |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $10.2B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $421M |
| General & Administrative | $4.9B |
| SG&A Expenses | $5.3B |
| Other Expenses | -$110M |
| Operating Expenses | $6.6B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $2.4B |
| Interest Income | $167M |
| Interest Expense | $348M |
| Other Income/Expenses | $399M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $269M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $1.3B |
| EBIT | $3.1B |
| EBITDA | $4.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $10.2B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $421M |
| General & Administrative | $4.9B |
| SG&A Expenses | $5.3B |
| Other Expenses | -$110M |
| Operating Expenses | $6.6B |
| Cost & Expenses | $16.8B |
| OPERATING INCOME | $2.4B |
| Interest Income | $167M |
| Interest Expense | $348M |
| Other Income/Expenses | $399M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $269M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $1.3B |
| EBIT | $3.1B |
| EBITDA | $4.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $135M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$611M |
| Change in Working Capital | -$375M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$732M |
| Acquisitions (Net) | $813M |
| Purchases of Investments | -$665M |
| Sales/Maturities of Investments | $809M |
| Other Investing Activities | $3.8B |
| NET CASH FROM INVESTING | $4.2B |
| Net Debt Issuance | $22.8B |
| Common Stock Repurchased | -$407M |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | $21.0B |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $28.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45.4B |
| Short-Term Investments | $874M |
| Net Receivables | $25.3B |
| Inventory | $1.7B |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $77.5B |
| PP&E (Net) | $15.2B |
| Goodwill | $35.3B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $2.2B |
| Tax Assets | $5.3B |
| Other Non-Current Assets | $16.4B |
| TOTAL NON-CURRENT ASSETS | $77.1B |
| TOTAL ASSETS | $154.7B |
| Account Payables | $4.7B |
| Short-Term Debt | $14.6B |
| Deferred Revenue | $11.3B |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $42.4B |
| Long-Term Debt | $58.4B |
| Deferred Revenue NC | $3.5B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28.7B |
| TOTAL NON-CURRENT LIABILITIES | $94.5B |
| TOTAL LIABILITIES | $136.9B |
| Common Stock | $55.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $160.5B |
| Treasury Stock | -$169.4B |
| Accum. Other Comp. Income | -$28.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.6B |
| Minority Interest | $131M |
| TOTAL EQUITY | $17.8B |
| TOTAL LIABILITIES & EQUITY | $154.7B |
| Total Debt | $78.3B |
| Net Debt | $32.9B |
