| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.6B | $9.2B | $9.6B | 4.3% | 0.5% |
| Op. Income | $3.2B | $2.9B | $3.1B | 10.6% | 2.6% |
| Gross Margin | 78.7% | 78.8% | 79.1% | -0.1pp | -0.4pp |
| Net Margin | 24.0% | 23.2% | 24.4% | 0.9pp | -0.4pp |
| EPS (Diluted) | $0.69 | $0.63 | $0.61 | 9.5% | 13.1% |
| Free Cash Flow | $164M | $5.6B | $125M | -97.1% | 31.2% |
| 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 | $323M |
| SG&A Expenses | $2.4B |
| Other Expenses | $461M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $3.2B |
| Interest Income | $145M |
| Interest Expense | $465M |
| Other Income/Expenses | -$373M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $499M |
| 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 | $748M |
| 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 | $323M |
| SG&A Expenses | $2.4B |
| Other Expenses | $461M |
| Operating Expenses | $4.4B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $3.2B |
| Interest Income | $145M |
| Interest Expense | $465M |
| Other Income/Expenses | -$373M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $499M |
| 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 | $748M |
| EBIT | $3.3B |
| EBITDA | $4.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $748M |
| Stock-Based Compensation | $397M |
| Deferred Income Tax | -$249M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$2.8B |
| OPERATING CASH FLOW | $513M |
| Capital Expenditure | -$349M |
| Acquisitions (Net) | -$109M |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1.2B |
| Net Debt Issuance | -$2.8B |
| Common Stock Repurchased | -$5.0B |
| Common Dividends Paid | -$767M |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | -$8.3B |
| FREE CASH FLOW | $164M |
| Net Change in Cash | -$6.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24.5B |
| Short-Term Investments | $2.9B |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34.5B |
| PP&E (Net) | $6.3B |
| Goodwill | $43.8B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $0 |
| Tax Assets | $2.8B |
| Other Non-Current Assets | $6.6B |
| TOTAL NON-CURRENT ASSETS | $63.9B |
| TOTAL ASSETS | $98.4B |
| Account Payables | $534M |
| Short-Term Debt | $999M |
| Deferred Revenue | $8.1B |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $14.6B |
| Long-Term Debt | $50.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15.6B |
| TOTAL NON-CURRENT LIABILITIES | $67.7B |
| TOTAL LIABILITIES | $82.3B |
| Common Stock | $26.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$9.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.6B |
| Minority Interest | $622M |
| TOTAL EQUITY | $16.2B |
| TOTAL LIABILITIES & EQUITY | $98.4B |
| Total Debt | $53.7B |
| Net Debt | $29.1B |
