| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.5B | $16.1B | $17.0B | 2.8% | -2.7% |
| Op. Income | $4.6B | $4.2B | $5.3B | 10.6% | -12.4% |
| Gross Margin | 59.8% | 56.6% | 61.4% | 3.3pp | -1.6pp |
| Net Margin | 25.3% | 24.7% | 29.5% | 0.6pp | -4.2pp |
| EPS (Diluted) | $0.92 | $0.87 | $1.05 | 5.7% | -12.4% |
| Free Cash Flow | $4.0B | $1.6B | $2.9B | 146.2% | 39.9% |
| Item | Amount |
|---|---|
| REVENUE | $16.5B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $9.9B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $234M |
| Operating Expenses | $5.3B |
| Cost & Expenses | $11.9B |
| OPERATING INCOME | $4.6B |
| Interest Income | $125M |
| Interest Expense | $135M |
| Other Income/Expenses | $107M |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $545M |
| Net Income from Continuing Ops | $4.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.2B |
| D&A | $2.6B |
| EBIT | $4.8B |
| EBITDA | $7.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.5B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $9.9B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $234M |
| Operating Expenses | $5.3B |
| Cost & Expenses | $11.9B |
| OPERATING INCOME | $4.6B |
| Interest Income | $125M |
| Interest Expense | $135M |
| Other Income/Expenses | $107M |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $545M |
| Net Income from Continuing Ops | $4.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.2B |
| D&A | $2.6B |
| EBIT | $4.8B |
| EBITDA | $7.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.2B |
| Depreciation & Amortization | $2.6B |
| Stock-Based Compensation | $470M |
| Deferred Income Tax | -$6.9B |
| Other Non-Cash Items | $7.1B |
| Change in Working Capital | $210M |
| OPERATING CASH FLOW | $7.6B |
| Capital Expenditure | -$3.6B |
| Acquisitions (Net) | $254M |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $3.5B |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | -$257M |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $134M |
| NET CASH FROM FINANCING | -$4.6B |
| FREE CASH FLOW | $4.0B |
| Net Change in Cash | -$287M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $9.1B |
| Net Receivables | $6.2B |
| Inventory | $8.7B |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $29.2B |
| PP&E (Net) | $51.4B |
| Goodwill | $24.6B |
| Intangible Assets | $11.2B |
| Long-Term Investments | $8.2B |
| Tax Assets | $1.8B |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $101.5B |
| TOTAL ASSETS | $130.8B |
| Account Payables | $4.7B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $8.6B |
| TOTAL CURRENT LIABILITIES | $19.7B |
| Long-Term Debt | $25.1B |
| Deferred Revenue NC | $1.6B |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $7.3B |
| TOTAL NON-CURRENT LIABILITIES | $36.1B |
| TOTAL LIABILITIES | $55.8B |
| Common Stock | $25.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $50.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$622M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $74.9B |
| TOTAL LIABILITIES & EQUITY | $130.8B |
| Total Debt | $28.8B |
| Net Debt | $25.9B |
