| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.5B | $16.2B | $15.2B | 1.7% | 8.7% |
| Op. Income | $2.1B | $2.1B | $2.1B | 2.9% | 2.0% |
| Gross Margin | 12.9% | 13.6% | 13.6% | -0.7pp | -0.6pp |
| Net Margin | 10.3% | 10.0% | 10.6% | 0.3pp | -0.3pp |
| EPS (Diluted) | $6.05 | $5.79 | $5.66 | 4.5% | 6.9% |
| Free Cash Flow | $1.5B | $1.8B | $2.2B | -20.0% | -32.5% |
| Item | Amount |
|---|---|
| REVENUE | $16.5B |
| Cost of Revenue | $14.4B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$11M |
| Operating Expenses | -$11M |
| Cost & Expenses | $14.3B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $145M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $303M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | -$55M |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $319M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $16.5B |
| Cost of Revenue | $14.4B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$11M |
| Operating Expenses | -$11M |
| Cost & Expenses | $14.3B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $145M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $303M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | -$55M |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $319M |
| EBIT | $2.2B |
| EBITDA | $2.5B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $319M |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | $55M |
| Other Non-Cash Items | $264M |
| Change in Working Capital | -$523M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$408M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | -$385M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$85M |
| Common Dividends Paid | -$672M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$765M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $730M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $0 |
| Net Receivables | $12.9B |
| Inventory | $3.3B |
| Other Current Assets | $544M |
| TOTAL CURRENT ASSETS | $20.3B |
| PP&E (Net) | $6.8B |
| Goodwill | $10.6B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $694M |
| Tax Assets | $3.2B |
| Other Non-Current Assets | $6.2B |
| TOTAL NON-CURRENT ASSETS | $30.5B |
| TOTAL ASSETS | $50.8B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $7.4B |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $15.2B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.9B |
| TOTAL NON-CURRENT LIABILITIES | $30.6B |
| TOTAL LIABILITIES | $45.8B |
| Common Stock | $278M |
| Additional Paid-In Capital | $90M |
| Retained Earnings | $19.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $33M |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $50.8B |
| Total Debt | $12.7B |
| Net Debt | $9.1B |
