| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.9B | $5.6B | -6.2% | -2.4% |
| Op. Income | $1.5B | $1.7B | $1.6B | -15.6% | -6.3% |
| Gross Margin | 77.8% | 79.3% | 80.0% | -1.5pp | -2.3pp |
| Net Margin | 25.7% | 24.9% | 23.5% | 0.8pp | 2.1pp |
| EPS (Diluted) | $1.48 | $1.52 | $1.37 | -2.6% | 8.0% |
| Free Cash Flow | $2.0B | $124M | $766M | 1489.2% | 157.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.5B |
| Interest Income | $7M |
| Interest Expense | $88M |
| Other Income/Expenses | $169M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $232M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $324M |
| EBIT | $1.7B |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.5B |
| Interest Income | $7M |
| Interest Expense | $88M |
| Other Income/Expenses | $169M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $232M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $324M |
| EBIT | $1.7B |
| EBITDA | $2.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $324M |
| Stock-Based Compensation | $77M |
| Deferred Income Tax | -$105M |
| Other Non-Cash Items | -$140M |
| Change in Working Capital | $927M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$523M |
| Acquisitions (Net) | -$241M |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $432M |
| Other Investing Activities | $194M |
| NET CASH FROM INVESTING | -$210M |
| Net Debt Issuance | -$996M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$674M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $666M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $23M |
| Net Receivables | $5.8B |
| Inventory | $3.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.6B |
| PP&E (Net) | $8.0B |
| Goodwill | $3.7B |
| Intangible Assets | $7.7B |
| Long-Term Investments | $2.4B |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $27.4B |
| TOTAL ASSETS | $42.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.3B |
| TOTAL CURRENT LIABILITIES | $12.0B |
| Long-Term Debt | $15.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $8.6B |
| TOTAL NON-CURRENT LIABILITIES | $25.7B |
| TOTAL LIABILITIES | $37.7B |
| Common Stock | $598M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $6.6B |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | -$6.7B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $179M |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $42.0B |
| Total Debt | $16.3B |
| Net Debt | $14.0B |
