| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.2B | $19.2B | $18.7B | 5.3% | 8.3% |
| Op. Income | $6.8B | $6.4B | $6.2B | 5.4% | 9.2% |
| Gross Margin | 58.8% | 58.9% | 60.2% | -0.1pp | -1.4pp |
| Net Margin | 34.2% | 31.2% | 27.8% | 3.0pp | 6.3pp |
| EPS (Diluted) | $1.58 | $1.35 | $1.12 | 17.0% | 41.1% |
| Free Cash Flow | $5.2B | $6.0B | $3.0B | -13.5% | 73.5% |
| Item | Amount |
|---|---|
| REVENUE | $20.2B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $11.9B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $832M |
| General & Administrative | $710M |
| SG&A Expenses | $1.5B |
| Other Expenses | $155M |
| Operating Expenses | $5.1B |
| Cost & Expenses | $13.4B |
| OPERATING INCOME | $6.8B |
| Interest Income | $109M |
| Interest Expense | $108M |
| Other Income/Expenses | $1.3B |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $6.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.9B |
| D&A | $3.0B |
| EBIT | $6.9B |
| EBITDA | $9.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $20.2B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $11.9B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $832M |
| General & Administrative | $710M |
| SG&A Expenses | $1.5B |
| Other Expenses | $155M |
| Operating Expenses | $5.1B |
| Cost & Expenses | $13.4B |
| OPERATING INCOME | $6.8B |
| Interest Income | $109M |
| Interest Expense | $108M |
| Other Income/Expenses | $1.3B |
| INCOME BEFORE TAX | $8.1B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $6.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.9B |
| D&A | $3.0B |
| EBIT | $6.9B |
| EBITDA | $9.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $6.9B |
| Depreciation & Amortization | $3.0B |
| Stock-Based Compensation | $415M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.2B |
| Change in Working Capital | $787M |
| OPERATING CASH FLOW | $9.9B |
| Capital Expenditure | -$4.7B |
| Acquisitions (Net) | -$2.5B |
| Purchases of Investments | -$4.2B |
| Sales/Maturities of Investments | $4.1B |
| Other Investing Activities | $2.7B |
| NET CASH FROM INVESTING | -$4.5B |
| Net Debt Issuance | $758M |
| Common Stock Repurchased | -$3.5B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | -$1.0B |
| NET CASH FROM FINANCING | -$5.1B |
| FREE CASH FLOW | $5.2B |
| Net Change in Cash | $259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $8.9B |
| Net Receivables | $7.7B |
| Inventory | $8.7B |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $31.2B |
| PP&E (Net) | $55.4B |
| Goodwill | $26.3B |
| Intangible Assets | $10.8B |
| Long-Term Investments | $7.2B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $105.3B |
| TOTAL ASSETS | $136.5B |
| Account Payables | $4.1B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.8B |
| TOTAL CURRENT LIABILITIES | $22.3B |
| Long-Term Debt | $25.3B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $8.0B |
| TOTAL NON-CURRENT LIABILITIES | $36.7B |
| TOTAL LIABILITIES | $59.0B |
| Common Stock | $25.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $53.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $77.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $77.5B |
| TOTAL LIABILITIES & EQUITY | $136.5B |
| Total Debt | $29.0B |
| Net Debt | $24.8B |
