| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.2B | $16.5B | $19.2B | 16.3% | 0.1% |
| Op. Income | $6.4B | $4.6B | $7.3B | 39.6% | -12.3% |
| Gross Margin | 58.9% | 59.8% | 64.5% | -1.0pp | -5.6pp |
| Net Margin | 31.2% | 25.3% | 33.4% | 5.9pp | -2.2pp |
| EPS (Diluted) | $1.35 | $0.92 | $1.38 | 46.7% | -2.2% |
| Free Cash Flow | $6.0B | $4.0B | $5.0B | 49.7% | 21.2% |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $11.3B |
| R&D Expenses | $3.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $154M |
| Operating Expenses | $4.8B |
| Cost & Expenses | $12.7B |
| OPERATING INCOME | $6.4B |
| Interest Income | $114M |
| Interest Expense | $107M |
| Other Income/Expenses | $272M |
| INCOME BEFORE TAX | $6.7B |
| Income Tax Expense | $729M |
| Net Income from Continuing Ops | $6.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.0B |
| D&A | $2.7B |
| EBIT | $6.6B |
| EBITDA | $9.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19.2B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $11.3B |
| R&D Expenses | $3.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $154M |
| Operating Expenses | $4.8B |
| Cost & Expenses | $12.7B |
| OPERATING INCOME | $6.4B |
| Interest Income | $114M |
| Interest Expense | $107M |
| Other Income/Expenses | $272M |
| INCOME BEFORE TAX | $6.7B |
| Income Tax Expense | $729M |
| Net Income from Continuing Ops | $6.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.0B |
| D&A | $2.7B |
| EBIT | $6.6B |
| EBITDA | $9.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6.0B |
| Depreciation & Amortization | $2.7B |
| Stock-Based Compensation | $431M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$295M |
| Change in Working Capital | $1.9B |
| OPERATING CASH FLOW | $10.7B |
| Capital Expenditure | -$4.7B |
| Acquisitions (Net) | $83M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | -$700M |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | -$557M |
| Common Stock Repurchased | -$4.5B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $731M |
| NET CASH FROM FINANCING | -$5.7B |
| FREE CASH FLOW | $6.0B |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $8.1B |
| Net Receivables | $6.9B |
| Inventory | $8.6B |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $30.0B |
| PP&E (Net) | $53.6B |
| Goodwill | $24.7B |
| Intangible Assets | $11.0B |
| Long-Term Investments | $8.2B |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $103.8B |
| TOTAL ASSETS | $133.8B |
| Account Payables | $4.8B |
| Short-Term Debt | $5.2B |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $11.7B |
| TOTAL CURRENT LIABILITIES | $25.1B |
| Long-Term Debt | $23.7B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $7.2B |
| TOTAL NON-CURRENT LIABILITIES | $34.5B |
| TOTAL LIABILITIES | $59.5B |
| Common Stock | $25.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $49.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$722M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $74.2B |
| TOTAL LIABILITIES & EQUITY | $133.8B |
| Total Debt | $28.9B |
| Net Debt | $25.0B |
