| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.2B | — | $9.2B | — | 0.1% |
| Op. Income | $2.8B | — | $2.7B | — | 1.1% |
| Gross Margin | 78.8% | — | 79.0% | — | -0.3pp |
| Net Margin | 24.6% | — | 23.3% | — | 1.3pp |
| EPS (Diluted) | $0.57 | — | $0.50 | — | 14.0% |
| Free Cash Flow | $6.3B | — | $6.1B | — | 4.0% |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $7.2B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.0B |
| General & Administrative | $321M |
| SG&A Expenses | $2.4B |
| Other Expenses | $538M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $2.8B |
| Interest Income | $348M |
| Interest Expense | $529M |
| Other Income/Expenses | -$238M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $275M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $720M |
| EBIT | $3.1B |
| EBITDA | $3.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $7.2B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.0B |
| General & Administrative | $321M |
| SG&A Expenses | $2.4B |
| Other Expenses | $538M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $2.8B |
| Interest Income | $348M |
| Interest Expense | $529M |
| Other Income/Expenses | -$238M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $275M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $720M |
| EBIT | $3.1B |
| EBITDA | $3.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $720M |
| Stock-Based Compensation | $436M |
| Deferred Income Tax | -$112M |
| Other Non-Cash Items | $52M |
| Change in Working Capital | $3.4B |
| OPERATING CASH FLOW | $6.7B |
| Capital Expenditure | -$383M |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | -$739M |
| Sales/Maturities of Investments | $4.7B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3.5B |
| Net Debt Issuance | -$2.5B |
| Common Stock Repurchased | -$10.3B |
| Common Dividends Paid | -$742M |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | -$13.3B |
| FREE CASH FLOW | $6.3B |
| Net Change in Cash | -$3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.5B |
| Short-Term Investments | $41.6B |
| Net Receivables | $3.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $67.0B |
| PP&E (Net) | $5.9B |
| Goodwill | $43.7B |
| Intangible Assets | $6.3B |
| Long-Term Investments | $0 |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $61.3B |
| TOTAL ASSETS | $128.4B |
| Account Payables | $527M |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $10.3B |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $19.6B |
| Long-Term Debt | $54.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15.8B |
| TOTAL NON-CURRENT LIABILITIES | $70.2B |
| TOTAL LIABILITIES | $89.8B |
| Common Stock | $27.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $12.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38.1B |
| Minority Interest | $497M |
| TOTAL EQUITY | $38.6B |
| TOTAL LIABILITIES & EQUITY | $128.4B |
| Total Debt | $58.1B |
| Net Debt | $39.7B |
