| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.7B | $5.9B | — | 13.2% | — |
| Op. Income | -$67M | -$613M | — | 89.1% | — |
| Gross Margin | 36.3% | 31.4% | — | 4.9pp | — |
| Net Margin | -3.4% | -8.9% | — | 5.5pp | — |
| EPS (Diluted) | $-0.04 | $-0.09 | — | 56.7% | — |
| Free Cash Flow | -$1.2B | -$1.1B | — | -13.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $892M |
| General & Administrative | $0 |
| SG&A Expenses | $892M |
| Other Expenses | $272M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | -$67M |
| Interest Income | $0 |
| Interest Expense | $202M |
| Other Income/Expenses | -$210M |
| INCOME BEFORE TAX | -$277M |
| Income Tax Expense | -$54M |
| Net Income from Continuing Ops | -$223M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | -$226M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$226M |
| D&A | $483M |
| EBIT | -$68M |
| EBITDA | $415M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$227M |
| Depreciation & Amortization | $483M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$54M |
| Other Non-Cash Items | $219M |
| Change in Working Capital | -$1.5B |
| OPERATING CASH FLOW | -$1.1B |
| Capital Expenditure | -$153M |
| Acquisitions (Net) | $12M |
| Purchases of Investments | -$118M |
| Sales/Maturities of Investments | $618M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | $350M |
| Net Debt Issuance | -$284M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$290M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$574M |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.5B |
| Short-Term Investments | $447M |
| Net Receivables | $7.6B |
| Inventory | $4.2B |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $19.5B |
| PP&E (Net) | $3.1B |
| Goodwill | $6.4B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $1.5B |
| Tax Assets | $6.2B |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $26.0B |
| TOTAL ASSETS | $45.5B |
| Account Payables | $4.6B |
| Short-Term Debt | $394M |
| Deferred Revenue | $3.2B |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $14.5B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.7B |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $28.7B |
| Common Stock | $288M |
| Additional Paid-In Capital | $500M |
| Retained Earnings | -$2.3B |
| Treasury Stock | -$430M |
| Accum. Other Comp. Income | $18.7B |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $16.7B |
| Minority Interest | $92M |
| TOTAL EQUITY | $16.8B |
| TOTAL LIABILITIES & EQUITY | $45.5B |
| Total Debt | $6.1B |
| Net Debt | $659M |
