| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.0B | $20.4B | $20.0B | -1.8% | 0.1% |
| Op. Income | $5.3B | $4.2B | $5.7B | 26.3% | -7.0% |
| Gross Margin | 67.0% | 65.9% | 66.9% | 1.1pp | 0.0pp |
| Net Margin | 18.7% | 14.9% | 21.8% | 3.8pp | -3.1pp |
| EPS (Diluted) | $1.39 | $1.12 | $1.60 | 24.1% | -13.1% |
| Free Cash Flow | $2.9B | $4.9B | $2.9B | -41.4% | -2.1% |
| Item | Amount |
|---|---|
| REVENUE | $20.0B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $2.9B |
| Selling & Marketing | $0 |
| General & Administrative | $5.2B |
| SG&A Expenses | $5.2B |
| Other Expenses | $0 |
| Operating Expenses | $8.1B |
| Cost & Expenses | $14.7B |
| OPERATING INCOME | $5.3B |
| Interest Income | $99M |
| Interest Expense | $102M |
| Other Income/Expenses | -$907M |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $673M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $1.8B |
| EBIT | $4.5B |
| EBITDA | $6.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20.0B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $2.9B |
| Selling & Marketing | $0 |
| General & Administrative | $5.2B |
| SG&A Expenses | $5.2B |
| Other Expenses | $0 |
| Operating Expenses | $8.1B |
| Cost & Expenses | $14.7B |
| OPERATING INCOME | $5.3B |
| Interest Income | $99M |
| Interest Expense | $102M |
| Other Income/Expenses | -$907M |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $673M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $1.8B |
| EBIT | $4.5B |
| EBITDA | $6.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $1.8B |
| Stock-Based Compensation | $258M |
| Deferred Income Tax | -$362M |
| Other Non-Cash Items | $838M |
| Change in Working Capital | -$2.7B |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$656M |
| Acquisitions (Net) | -$1.7B |
| Purchases of Investments | -$730M |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $157M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$2.2B |
| Common Dividends Paid | -$2.4B |
| Other Financing Activities | $91M |
| NET CASH FROM FINANCING | -$5.5B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | -$3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.7B |
| Short-Term Investments | $602M |
| Net Receivables | $14.1B |
| Inventory | $9.1B |
| Other Current Assets | $851M |
| TOTAL CURRENT ASSETS | $42.0B |
| PP&E (Net) | $17.0B |
| Goodwill | $31.4B |
| Intangible Assets | $46.9B |
| Long-Term Investments | $0 |
| Tax Assets | $7.5B |
| Other Non-Current Assets | $5.2B |
| TOTAL NON-CURRENT ASSETS | $108.0B |
| TOTAL ASSETS | $150.0B |
| Account Payables | $6.9B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $29.1B |
| Long-Term Debt | $27.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.4B |
| Other Non-Current Liabilities | $26.9B |
| TOTAL NON-CURRENT LIABILITIES | $62.0B |
| TOTAL LIABILITIES | $91.1B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $106.7B |
| Treasury Stock | -$35.3B |
| Accum. Other Comp. Income | -$15.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $59.0B |
| TOTAL LIABILITIES & EQUITY | $150.0B |
| Total Debt | $29.4B |
| Net Debt | $14.6B |
