| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.4B | $4.1B | 7.0% | -11.0% |
| Op. Income | $539M | $474M | $646M | 13.7% | -16.5% |
| Gross Margin | 38.3% | 39.7% | 35.0% | -1.5pp | 3.3pp |
| Net Margin | 15.3% | 12.6% | 11.4% | 2.7pp | 3.9pp |
| EPS (Diluted) | $0.44 | $0.34 | $0.37 | 30.0% | 19.8% |
| Free Cash Flow | $2.1B | $1.0B | $999M | 108.1% | 112.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $688M |
| Other Expenses | $181M |
| Operating Expenses | $869M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $539M |
| Interest Income | $430M |
| Interest Expense | $151M |
| Other Income/Expenses | $274M |
| INCOME BEFORE TAX | $813M |
| Income Tax Expense | $238M |
| Net Income from Continuing Ops | $575M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $563M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $563M |
| D&A | $475M |
| EBIT | $677M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $688M |
| Other Expenses | $181M |
| Operating Expenses | $869M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $539M |
| Interest Income | $430M |
| Interest Expense | $151M |
| Other Income/Expenses | $274M |
| INCOME BEFORE TAX | $813M |
| Income Tax Expense | $238M |
| Net Income from Continuing Ops | $575M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $563M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $563M |
| D&A | $475M |
| EBIT | $677M |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $563M |
| Depreciation & Amortization | $475M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $471M |
| Change in Working Capital | $654M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $193M |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $887M |
| Other Investing Activities | -$636M |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | -$785M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $656M |
| NET CASH FROM FINANCING | -$130M |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | -$209M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $0 |
| Net Receivables | $30.1B |
| Inventory | $791M |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $38.1B |
| PP&E (Net) | $4.9B |
| Goodwill | $2.7B |
| Intangible Assets | $2.8B |
| Long-Term Investments | $16.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.5B |
| TOTAL NON-CURRENT ASSETS | $40.2B |
| TOTAL ASSETS | $78.4B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $25.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26.4B |
| TOTAL NON-CURRENT LIABILITIES | $53.2B |
| TOTAL LIABILITIES | $59.4B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $16.6B |
| Treasury Stock | -$475M |
| Accum. Other Comp. Income | -$609M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.6B |
| Minority Interest | $471M |
| TOTAL EQUITY | $19.0B |
| TOTAL LIABILITIES & EQUITY | $78.4B |
| Total Debt | $29.1B |
| Net Debt | $23.0B |
