| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.7B | $12.7B | — | -0.1% | — |
| Op. Income | $2.7B | $1.8B | — | 50.5% | — |
| Gross Margin | 70.7% | 68.6% | — | 2.1pp | — |
| Net Margin | 17.1% | 8.8% | — | 8.3pp | — |
| EPS (Diluted) | $0.95 | $0.49 | — | 93.9% | — |
| Free Cash Flow | $2.0B | $2.9B | — | -29.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.5B |
| Other Expenses | $696M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $239M |
| Other Income/Expenses | -$123M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $448M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $1.4B |
| EBIT | $2.9B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $9.0B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.5B |
| Other Expenses | $696M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $239M |
| Other Income/Expenses | -$123M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $448M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $1.4B |
| EBIT | $2.9B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $178M |
| Deferred Income Tax | $448M |
| Other Non-Cash Items | $446M |
| Change in Working Capital | -$2.1B |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$480M |
| Acquisitions (Net) | -$9.9B |
| Purchases of Investments | -$323M |
| Sales/Maturities of Investments | $564M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$10.1B |
| Net Debt Issuance | $7.5B |
| Common Stock Repurchased | -$141M |
| Common Dividends Paid | -$7.0B |
| Other Financing Activities | $609M |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | -$6.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $445M |
| Net Receivables | $8.8B |
| Inventory | $6.4B |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $23.1B |
| PP&E (Net) | $13.6B |
| Goodwill | $28.9B |
| Intangible Assets | $37.5B |
| Long-Term Investments | $10.5B |
| Tax Assets | $8.5B |
| Other Non-Current Assets | $988M |
| TOTAL NON-CURRENT ASSETS | $100.0B |
| TOTAL ASSETS | $123.1B |
| Account Payables | $4.8B |
| Short-Term Debt | $11.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.0B |
| TOTAL CURRENT LIABILITIES | $31.3B |
| Long-Term Debt | $23.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.5B |
| Other Non-Current Liabilities | $7.8B |
| TOTAL NON-CURRENT LIABILITIES | $40.8B |
| TOTAL LIABILITIES | $72.1B |
| Common Stock | $936M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $55.4B |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$5.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50.9B |
| Minority Interest | $74M |
| TOTAL EQUITY | $51.0B |
| TOTAL LIABILITIES & EQUITY | $123.1B |
| Total Debt | $36.7B |
| Net Debt | $32.2B |
