| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $3.8B | $4.5B | 9.2% | -9.1% |
| Op. Income | $647M | $577M | $609M | 12.1% | 6.2% |
| Gross Margin | 35.0% | 36.2% | 30.1% | -1.2pp | 4.9pp |
| Net Margin | 11.4% | 13.2% | 10.5% | -1.8pp | 0.9pp |
| EPS (Diluted) | $0.37 | $0.39 | $0.37 | -6.1% | -1.6% |
| Free Cash Flow | $1000M | $339M | $463M | 195.3% | 116.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $662M |
| Other Expenses | $138M |
| Operating Expenses | $799M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $647M |
| Interest Income | $381M |
| Interest Expense | $136M |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $690M |
| Income Tax Expense | $209M |
| Net Income from Continuing Ops | $480M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $471M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $471M |
| D&A | $454M |
| EBIT | $790M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $662M |
| Other Expenses | $138M |
| Operating Expenses | $799M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $647M |
| Interest Income | $381M |
| Interest Expense | $136M |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $690M |
| Income Tax Expense | $209M |
| Net Income from Continuing Ops | $480M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $471M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $471M |
| D&A | $454M |
| EBIT | $790M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $471M |
| Depreciation & Amortization | $454M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$166M |
| Change in Working Capital | $375M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$134M |
| Acquisitions (Net) | -$464M |
| Purchases of Investments | -$3.4B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | -$282M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$178M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $413M |
| NET CASH FROM FINANCING | $230M |
| FREE CASH FLOW | $1000M |
| Net Change in Cash | -$453M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $0 |
| Net Receivables | $28.1B |
| Inventory | $824M |
| Other Current Assets | $860M |
| TOTAL CURRENT ASSETS | $37.1B |
| PP&E (Net) | $3.5B |
| Goodwill | $2.6B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $15.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.4B |
| TOTAL NON-CURRENT ASSETS | $36.8B |
| TOTAL ASSETS | $73.9B |
| Account Payables | $1.4B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $24.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25.0B |
| TOTAL NON-CURRENT LIABILITIES | $49.3B |
| TOTAL LIABILITIES | $55.4B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $15.2B |
| Treasury Stock | -$476M |
| Accum. Other Comp. Income | -$224M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.6B |
| Minority Interest | $838M |
| TOTAL EQUITY | $18.4B |
| TOTAL LIABILITIES & EQUITY | $73.9B |
| Total Debt | $26.3B |
| Net Debt | $19.1B |
