| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.4B | $12.1B | — | -22.4% | — |
| Op. Income | $2.4B | $4.0B | — | -38.8% | — |
| Gross Margin | 70.6% | 72.5% | — | -1.9pp | — |
| Net Margin | 32.1% | 26.7% | — | 5.4pp | — |
| EPS (Diluted) | $1.18 | $1.26 | — | -6.3% | — |
| Free Cash Flow | $2.8B | -$279M | — | 1103.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.4B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $6.6B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.1B |
| Other Expenses | $0 |
| Operating Expenses | $4.2B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $2.4B |
| Interest Income | $14M |
| Interest Expense | $209M |
| Other Income/Expenses | $305M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $396M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $661M |
| Other Adjustments | -$661M |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $975M |
| EBIT | $3.0B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.4B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $6.6B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.1B |
| Other Expenses | $0 |
| Operating Expenses | $4.2B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $2.4B |
| Interest Income | $14M |
| Interest Expense | $209M |
| Other Income/Expenses | $305M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $396M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $661M |
| Other Adjustments | -$661M |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $975M |
| EBIT | $3.0B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $105M |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | -$325M |
| Change in Working Capital | -$527M |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$567M |
| Acquisitions (Net) | -$321M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | $59M |
| NET CASH FROM INVESTING | -$882M |
| Net Debt Issuance | $2.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$114M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | $3.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $0 |
| Net Receivables | $7.6B |
| Inventory | $8.0B |
| Other Current Assets | $2.7B |
| TOTAL CURRENT ASSETS | $29.3B |
| PP&E (Net) | $15.8B |
| Goodwill | $20.1B |
| Intangible Assets | $16.6B |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.6B |
| TOTAL NON-CURRENT ASSETS | $61.3B |
| TOTAL ASSETS | $90.6B |
| Account Payables | $3.4B |
| Short-Term Debt | $4.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22.2B |
| Long-Term Debt | $26.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $12.4B |
| TOTAL NON-CURRENT LIABILITIES | $40.7B |
| TOTAL LIABILITIES | $62.9B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $39.4B |
| Retained Earnings | $49.7B |
| Treasury Stock | -$56.9B |
| Accum. Other Comp. Income | -$6.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.6B |
| Minority Interest | $102M |
| TOTAL EQUITY | $27.7B |
| TOTAL LIABILITIES & EQUITY | $90.6B |
| Total Debt | $30.9B |
| Net Debt | $19.8B |
