| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.7B | $12.5B | $13.7B | 1.9% | -6.9% |
| Op. Income | $1.8B | $2.4B | $1.3B | -22.7% | 40.3% |
| Gross Margin | 68.6% | 69.7% | 63.9% | -1.1pp | 4.7pp |
| Net Margin | 8.8% | 16.4% | 8.7% | -7.5pp | 0.1pp |
| EPS (Diluted) | $0.49 | $0.89 | $0.52 | -44.9% | -5.8% |
| Free Cash Flow | $2.9B | $4.0B | $2.9B | -27.3% | 1.6% |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $2.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.9B |
| Other Expenses | $143M |
| Operating Expenses | $6.9B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $204M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $630M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.9B |
| EBIT | $2.0B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $2.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.9B |
| Other Expenses | $143M |
| Operating Expenses | $6.9B |
| Cost & Expenses | $10.9B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $204M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $630M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.9B |
| EBIT | $2.0B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $170M |
| Deferred Income Tax | $630M |
| Other Non-Cash Items | -$1.2B |
| Change in Working Capital | $856M |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$636M |
| Acquisitions (Net) | $80M |
| Purchases of Investments | -$118M |
| Sales/Maturities of Investments | $476M |
| Other Investing Activities | $341M |
| NET CASH FROM INVESTING | $318M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $2.9B |
| Net Change in Cash | $2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $334M |
| Net Receivables | $9.2B |
| Inventory | $6.0B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $29.5B |
| PP&E (Net) | $13.7B |
| Goodwill | $26.5B |
| Intangible Assets | $28.8B |
| Long-Term Investments | $11.0B |
| Tax Assets | $8.0B |
| Other Non-Current Assets | $897M |
| TOTAL NON-CURRENT ASSETS | $88.9B |
| TOTAL ASSETS | $118.4B |
| Account Payables | $5.4B |
| Short-Term Debt | $7.1B |
| Deferred Revenue | $114M |
| Other Current Liabilities | $11.0B |
| TOTAL CURRENT LIABILITIES | $28.3B |
| Long-Term Debt | $20.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.9B |
| Other Non-Current Liabilities | $6.6B |
| TOTAL NON-CURRENT LIABILITIES | $34.6B |
| TOTAL LIABILITIES | $62.9B |
| Common Stock | $936M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $59.3B |
| Treasury Stock | -$80M |
| Accum. Other Comp. Income | -$4.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $55.5B |
| Minority Interest | $77M |
| TOTAL EQUITY | $55.6B |
| TOTAL LIABILITIES & EQUITY | $118.4B |
| Total Debt | $29.1B |
| Net Debt | $18.0B |
