| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33.7B | $30.6B | $30.1B | 10.3% | 12.1% |
| Op. Income | $12.4B | $10.3B | $10.4B | 20.0% | 19.5% |
| Gross Margin | 69.1% | 66.7% | 67.6% | 2.4pp | 1.5pp |
| Net Margin | 39.1% | 28.8% | 29.5% | 10.3pp | 9.6pp |
| EPS (Diluted) | $1.71 | $1.14 | $1.14 | 50.0% | 50.0% |
| Free Cash Flow | $12.1B | $11.0B | $7.4B | 10.1% | 62.1% |
| Item | Amount |
|---|---|
| REVENUE | $33.7B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $23.3B |
| R&D Expenses | $4.5B |
| Selling & Marketing | $5.0B |
| General & Administrative | $1.4B |
| SG&A Expenses | $6.4B |
| Other Expenses | $0 |
| Operating Expenses | $10.9B |
| Cost & Expenses | $21.3B |
| OPERATING INCOME | $12.4B |
| Interest Income | $709M |
| Interest Expense | $669M |
| Other Income/Expenses | $191M |
| INCOME BEFORE TAX | $12.6B |
| Income Tax Expense | -$591M |
| Net Income from Continuing Ops | $13.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.2B |
| D&A | $2.9B |
| EBIT | $13.3B |
| EBITDA | $16.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $33.7B |
| Cost of Revenue | $10.4B |
| GROSS PROFIT | $23.3B |
| R&D Expenses | $4.5B |
| Selling & Marketing | $5.0B |
| General & Administrative | $1.4B |
| SG&A Expenses | $6.4B |
| Other Expenses | $0 |
| Operating Expenses | $10.9B |
| Cost & Expenses | $21.3B |
| OPERATING INCOME | $12.4B |
| Interest Income | $709M |
| Interest Expense | $669M |
| Other Income/Expenses | $191M |
| INCOME BEFORE TAX | $12.6B |
| Income Tax Expense | -$591M |
| Net Income from Continuing Ops | $13.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.2B |
| D&A | $2.9B |
| EBIT | $13.3B |
| EBITDA | $16.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $13.2B |
| Depreciation & Amortization | $2.9B |
| Stock-Based Compensation | $1.2B |
| Deferred Income Tax | -$5.7B |
| Other Non-Cash Items | -$322M |
| Change in Working Capital | $4.9B |
| OPERATING CASH FLOW | $16.1B |
| Capital Expenditure | -$4.1B |
| Acquisitions (Net) | -$281M |
| Purchases of Investments | -$15.4B |
| Sales/Maturities of Investments | $12.5B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7.3B |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$4.6B |
| Common Dividends Paid | -$3.5B |
| Other Financing Activities | $160M |
| NET CASH FROM FINANCING | -$8.7B |
| FREE CASH FLOW | $12.1B |
| Net Change in Cash | $144M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.4B |
| Short-Term Investments | $122.5B |
| Net Receivables | $29.5B |
| Inventory | $2.1B |
| Other Current Assets | $10.1B |
| TOTAL CURRENT ASSETS | $175.6B |
| PP&E (Net) | $43.9B |
| Goodwill | $42.0B |
| Intangible Assets | $7.8B |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.7B |
| TOTAL NON-CURRENT ASSETS | $111.0B |
| TOTAL ASSETS | $286.6B |
| Account Payables | $9.4B |
| Short-Term Debt | $5.5B |
| Deferred Revenue | $32.7B |
| Other Current Liabilities | $14.3B |
| TOTAL CURRENT LIABILITIES | $69.4B |
| Long-Term Debt | $66.7B |
| Deferred Revenue NC | $4.5B |
| Deferred Tax Liabilities | $233M |
| Other Non-Current Liabilities | $30.9B |
| TOTAL NON-CURRENT LIABILITIES | $114.8B |
| TOTAL LIABILITIES | $184.2B |
| Common Stock | $78.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $24.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$340M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $102.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $102.3B |
| TOTAL LIABILITIES & EQUITY | $286.6B |
| Total Debt | $86.5B |
| Net Debt | $75.1B |
