| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.7B | $15.9B | $14.3B | -1.4% | 9.2% |
| Op. Income | $2.1B | $2.1B | $2.3B | -1.3% | -7.1% |
| Gross Margin | 13.4% | 13.4% | 15.3% | -0.0pp | -1.9pp |
| Net Margin | 11.0% | 9.4% | 11.9% | 1.5pp | -0.9pp |
| EPS (Diluted) | $6.08 | $5.29 | $5.99 | 14.9% | 1.5% |
| Free Cash Flow | $2.0B | $847M | $1.4B | 138.6% | 46.6% |
| Item | Amount |
|---|---|
| REVENUE | $15.7B |
| Cost of Revenue | $13.6B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$31M |
| Operating Expenses | -$31M |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $148M |
| Other Income/Expenses | -$92M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $313M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $301M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $15.7B |
| Cost of Revenue | $13.6B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$31M |
| Operating Expenses | -$31M |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $148M |
| Other Income/Expenses | -$92M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $313M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $301M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $301M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$349M |
| Change in Working Capital | $603M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$293M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$295M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$756M |
| Common Dividends Paid | -$693M |
| Other Financing Activities | -$96M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $474M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $0 |
| Net Receivables | $13.1B |
| Inventory | $3.5B |
| Other Current Assets | $614M |
| TOTAL CURRENT ASSETS | $19.2B |
| PP&E (Net) | $6.6B |
| Goodwill | $10.6B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $705M |
| Tax Assets | $3.2B |
| Other Non-Current Assets | $5.8B |
| TOTAL NON-CURRENT ASSETS | $30.0B |
| TOTAL ASSETS | $49.2B |
| Account Payables | $3.2B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $7.2B |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $11.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.7B |
| TOTAL NON-CURRENT LIABILITIES | $30.1B |
| TOTAL LIABILITIES | $45.8B |
| Common Stock | $279M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $18.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $41M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $49.2B |
| Total Debt | $12.7B |
| Net Debt | $10.7B |
