| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.6B | $9.2B | — | 4.0% | — |
| Op. Income | $3.1B | $2.8B | — | 11.6% | — |
| Gross Margin | 79.1% | 78.8% | — | 0.3pp | — |
| Net Margin | 24.4% | 24.6% | — | -0.2pp | — |
| EPS (Diluted) | $0.61 | $0.57 | — | 7.0% | — |
| Free Cash Flow | $125M | $6.3B | — | -98.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.1B |
| General & Administrative | $299M |
| SG&A Expenses | $2.4B |
| Other Expenses | $585M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $3.1B |
| Interest Income | $296M |
| Interest Expense | $519M |
| Other Income/Expenses | -$327M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $441M |
| 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 | $704M |
| EBIT | $3.3B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.1B |
| General & Administrative | $299M |
| SG&A Expenses | $2.4B |
| Other Expenses | $585M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $3.1B |
| Interest Income | $296M |
| Interest Expense | $519M |
| Other Income/Expenses | -$327M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $441M |
| 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 | $704M |
| EBIT | $3.3B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $704M |
| Stock-Based Compensation | $396M |
| Deferred Income Tax | -$116M |
| Other Non-Cash Items | $66M |
| Change in Working Capital | -$2.8B |
| OPERATING CASH FLOW | $546M |
| Capital Expenditure | -$421M |
| Acquisitions (Net) | -$263M |
| Purchases of Investments | -$539M |
| Sales/Maturities of Investments | $3.1B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10.0B |
| Common Dividends Paid | -$714M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$10.0B |
| FREE CASH FLOW | $125M |
| Net Change in Cash | -$7.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.8B |
| Short-Term Investments | $38.6B |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $56.9B |
| PP&E (Net) | $6.0B |
| Goodwill | $43.8B |
| Intangible Assets | $6.1B |
| Long-Term Investments | $0 |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $61.4B |
| TOTAL ASSETS | $118.3B |
| Account Payables | $587M |
| Short-Term Debt | $6.5B |
| Deferred Revenue | $8.2B |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $20.3B |
| Long-Term Debt | $51.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15.4B |
| TOTAL NON-CURRENT LIABILITIES | $66.9B |
| TOTAL LIABILITIES | $87.3B |
| Common Stock | $27.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30.6B |
| Minority Interest | $483M |
| TOTAL EQUITY | $31.1B |
| TOTAL LIABILITIES & EQUITY | $118.3B |
| Total Debt | $58.0B |
| Net Debt | $47.2B |
