| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.6B | $12.7B | — | -8.5% | — |
| Op. Income | $2.4B | $2.7B | — | -14.3% | — |
| Gross Margin | 70.5% | 70.7% | — | -0.2pp | — |
| Net Margin | 16.1% | 17.1% | — | -1.1pp | — |
| EPS (Diluted) | $0.81 | $0.95 | — | -14.7% | — |
| Free Cash Flow | $3.5B | $2.0B | — | 71.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $11.6B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $32M |
| Operating Expenses | $5.8B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $220M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $421M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $1.7B |
| EBIT | $2.5B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.6B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $32M |
| Operating Expenses | $5.8B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $220M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $421M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $1.7B |
| EBIT | $2.5B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $199M |
| Deferred Income Tax | $421M |
| Other Non-Cash Items | -$879M |
| Change in Working Capital | $650M |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$452M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$112M |
| Sales/Maturities of Investments | $189M |
| Other Investing Activities | -$48M |
| NET CASH FROM INVESTING | -$425M |
| Net Debt Issuance | -$2.2B |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $69M |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $3.5B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $376M |
| Net Receivables | $8.0B |
| Inventory | $6.9B |
| Other Current Assets | $2.7B |
| TOTAL CURRENT ASSETS | $23.9B |
| PP&E (Net) | $13.6B |
| Goodwill | $29.1B |
| Intangible Assets | $36.7B |
| Long-Term Investments | $11.1B |
| Tax Assets | $8.6B |
| Other Non-Current Assets | $866M |
| TOTAL NON-CURRENT ASSETS | $99.9B |
| TOTAL ASSETS | $123.8B |
| Account Payables | $4.8B |
| Short-Term Debt | $9.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.9B |
| TOTAL CURRENT LIABILITIES | $29.4B |
| Long-Term Debt | $24.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.5B |
| Other Non-Current Liabilities | $7.3B |
| TOTAL NON-CURRENT LIABILITIES | $40.5B |
| TOTAL LIABILITIES | $69.9B |
| Common Stock | $913M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $57.5B |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | -$4.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53.8B |
| Minority Interest | $73M |
| TOTAL EQUITY | $53.9B |
| TOTAL LIABILITIES & EQUITY | $123.8B |
| Total Debt | $34.8B |
| Net Debt | $28.9B |
