| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.8B | $18.0B | $21.8B | 20.8% | 0.1% |
| Op. Income | $4.3B | $1.9B | $4.8B | 121.7% | -11.6% |
| Gross Margin | 51.0% | 46.2% | 49.1% | 4.7pp | 1.9pp |
| Net Margin | 16.9% | 9.3% | 9.0% | 7.6pp | 7.9pp |
| EPS (Diluted) | $4.11 | $1.87 | $2.15 | 119.8% | 91.2% |
| Free Cash Flow | $2.7B | $2.9B | $3.2B | -5.1% | -14.6% |
| Item | Amount |
|---|---|
| REVENUE | $21.8B |
| Cost of Revenue | $10.7B |
| GROSS PROFIT | $11.1B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $413M |
| General & Administrative | $4.7B |
| SG&A Expenses | $5.1B |
| Other Expenses | $135M |
| Operating Expenses | $6.8B |
| Cost & Expenses | $17.5B |
| OPERATING INCOME | $4.3B |
| Interest Income | $48M |
| Interest Expense | $354M |
| Other Income/Expenses | -$273M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $324M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $1.6B |
| EBIT | $4.3B |
| EBITDA | $6.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $21.8B |
| Cost of Revenue | $10.7B |
| GROSS PROFIT | $11.1B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $413M |
| General & Administrative | $4.7B |
| SG&A Expenses | $5.1B |
| Other Expenses | $135M |
| Operating Expenses | $6.8B |
| Cost & Expenses | $17.5B |
| OPERATING INCOME | $4.3B |
| Interest Income | $48M |
| Interest Expense | $354M |
| Other Income/Expenses | -$273M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $324M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $1.6B |
| EBIT | $4.3B |
| EBITDA | $6.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $211M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.8B |
| Change in Working Capital | -$284M |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$729M |
| Acquisitions (Net) | $149M |
| Purchases of Investments | -$880M |
| Sales/Maturities of Investments | $880M |
| Other Investing Activities | $555M |
| NET CASH FROM INVESTING | $127M |
| Net Debt Issuance | -$4.2B |
| Common Stock Repurchased | -$86M |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | -$5.7B |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.2B |
| Short-Term Investments | $696M |
| Net Receivables | $8.4B |
| Inventory | $1.6B |
| Other Current Assets | $18.1B |
| TOTAL CURRENT ASSETS | $38.4B |
| PP&E (Net) | $15.0B |
| Goodwill | $58.2B |
| Intangible Assets | $15.2B |
| Long-Term Investments | $222M |
| Tax Assets | $5.2B |
| Other Non-Current Assets | $19.9B |
| TOTAL NON-CURRENT ASSETS | $113.8B |
| TOTAL ASSETS | $152.2B |
| Account Payables | $4.9B |
| Short-Term Debt | $8.8B |
| Deferred Revenue | $12.0B |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $37.7B |
| Long-Term Debt | $54.1B |
| Deferred Revenue NC | $3.9B |
| Deferred Tax Liabilities | $5.2B |
| Other Non-Current Liabilities | $26.4B |
| TOTAL NON-CURRENT LIABILITIES | $93.5B |
| TOTAL LIABILITIES | $131.2B |
| Common Stock | $55.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $163.0B |
| Treasury Stock | -$169.4B |
| Accum. Other Comp. Income | -$28.6B |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $20.8B |
| Minority Interest | $144M |
| TOTAL EQUITY | $21.0B |
| TOTAL LIABILITIES & EQUITY | $152.2B |
| Total Debt | $68.2B |
| Net Debt | $60.0B |
