| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.1B | $11.9B | — | 1.6% | — |
| Op. Income | $4.0B | $2.8B | — | 44.1% | — |
| Gross Margin | 72.5% | 69.1% | — | 3.4pp | — |
| Net Margin | 26.7% | 19.9% | — | 6.8pp | — |
| EPS (Diluted) | $1.26 | $0.92 | — | 37.0% | — |
| Free Cash Flow | -$279M | $3.7B | — | -107.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $12.1B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $4.8B |
| Cost & Expenses | $8.1B |
| OPERATING INCOME | $4.0B |
| Interest Income | $25M |
| Interest Expense | $212M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $619M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $821M |
| EBIT | $4.0B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.1B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $4.8B |
| Cost & Expenses | $8.1B |
| OPERATING INCOME | $4.0B |
| Interest Income | $25M |
| Interest Expense | $212M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $619M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $821M |
| EBIT | $4.0B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.2B |
| Depreciation & Amortization | $821M |
| Stock-Based Compensation | $108M |
| Deferred Income Tax | $82M |
| Other Non-Cash Items | $143M |
| Change in Working Capital | -$3.7B |
| OPERATING CASH FLOW | $707M |
| Capital Expenditure | -$986M |
| Acquisitions (Net) | -$2.5B |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $136M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$290M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | -$279M |
| Net Change in Cash | -$2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.4B |
| Short-Term Investments | $7M |
| Net Receivables | $8.2B |
| Inventory | $7.5B |
| Other Current Assets | $3.1B |
| TOTAL CURRENT ASSETS | $26.2B |
| PP&E (Net) | $15.3B |
| Goodwill | $19.8B |
| Intangible Assets | $16.1B |
| Long-Term Investments | $555M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.1B |
| TOTAL NON-CURRENT ASSETS | $58.7B |
| TOTAL ASSETS | $84.9B |
| Account Payables | $3.6B |
| Short-Term Debt | $6.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23.5B |
| Long-Term Debt | $21.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $11.6B |
| TOTAL NON-CURRENT LIABILITIES | $35.1B |
| TOTAL LIABILITIES | $58.6B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $39.7B |
| Retained Earnings | $48.3B |
| Treasury Stock | -$57.2B |
| Accum. Other Comp. Income | -$6.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.2B |
| Minority Interest | $95M |
| TOTAL EQUITY | $26.3B |
| TOTAL LIABILITIES & EQUITY | $84.9B |
| Total Debt | $28.0B |
| Net Debt | $20.6B |
