| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.3B | $20.7B | $20.6B | -11.4% | -10.8% |
| Op. Income | $4.2B | $5.8B | $5.4B | -28.9% | -23.2% |
| Gross Margin | 64.1% | 65.9% | 66.2% | -1.7pp | -2.1pp |
| Net Margin | 19.8% | 28.0% | 27.3% | -8.2pp | -7.5pp |
| EPS (Diluted) | $1.36 | $2.17 | $2.08 | -37.3% | -34.6% |
| Free Cash Flow | $2.8B | $2.7B | $5.1B | 2.1% | -45.4% |
| Item | Amount |
|---|---|
| REVENUE | $18.3B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $11.8B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $4.9B |
| SG&A Expenses | $4.9B |
| Other Expenses | $0 |
| Operating Expenses | $7.6B |
| Cost & Expenses | $14.2B |
| OPERATING INCOME | $4.2B |
| Interest Income | $19M |
| Interest Expense | $45M |
| Other Income/Expenses | -$217M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $314M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $1.7B |
| EBIT | $4.0B |
| EBITDA | $5.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18.3B |
| Cost of Revenue | $6.6B |
| GROSS PROFIT | $11.8B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $4.9B |
| SG&A Expenses | $4.9B |
| Other Expenses | $0 |
| Operating Expenses | $7.6B |
| Cost & Expenses | $14.2B |
| OPERATING INCOME | $4.2B |
| Interest Income | $19M |
| Interest Expense | $45M |
| Other Income/Expenses | -$217M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $314M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $1.7B |
| EBIT | $4.0B |
| EBITDA | $5.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.6B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $326M |
| Deferred Income Tax | -$482M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$662M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$6.5B |
| Sales/Maturities of Investments | -$198M |
| Other Investing Activities | -$165M |
| NET CASH FROM INVESTING | -$7.5B |
| Net Debt Issuance | $2.7B |
| Common Stock Repurchased | -$706M |
| Common Dividends Paid | -$2.7B |
| Other Financing Activities | $299M |
| NET CASH FROM FINANCING | -$357M |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | -$4.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.2B |
| Short-Term Investments | $8.0B |
| Net Receivables | $14.6B |
| Inventory | $9.4B |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $45.9B |
| PP&E (Net) | $17.6B |
| Goodwill | $33.9B |
| Intangible Assets | $47.4B |
| Long-Term Investments | $0 |
| Tax Assets | $7.8B |
| Other Non-Current Assets | $5.8B |
| TOTAL NON-CURRENT ASSETS | $112.5B |
| TOTAL ASSETS | $158.4B |
| Account Payables | $6.8B |
| Short-Term Debt | $5.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $36.8B |
| Long-Term Debt | $25.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.5B |
| Other Non-Current Liabilities | $28.0B |
| TOTAL NON-CURRENT LIABILITIES | $58.6B |
| TOTAL LIABILITIES | $95.4B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $113.9B |
| Treasury Stock | -$38.5B |
| Accum. Other Comp. Income | -$15.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $63.0B |
| TOTAL LIABILITIES & EQUITY | $158.4B |
| Total Debt | $30.4B |
| Net Debt | $19.2B |
