| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.6B | $9.6B | — | 0.5% | — |
| Op. Income | $3.4B | $3.1B | — | 9.6% | — |
| Gross Margin | 79.4% | 79.1% | — | 0.4pp | — |
| Net Margin | 28.6% | 24.4% | — | 4.2pp | — |
| EPS (Diluted) | $0.76 | $0.61 | — | 24.6% | — |
| Free Cash Flow | $2.4B | $125M | — | 1834.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $2.1B |
| General & Administrative | $316M |
| SG&A Expenses | $2.4B |
| Other Expenses | $446M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $3.4B |
| Interest Income | $246M |
| Interest Expense | $509M |
| Other Income/Expenses | -$311M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $343M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $741M |
| EBIT | $3.6B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $2.1B |
| General & Administrative | $316M |
| SG&A Expenses | $2.4B |
| Other Expenses | $446M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $3.4B |
| Interest Income | $246M |
| Interest Expense | $509M |
| Other Income/Expenses | -$311M |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $343M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $741M |
| EBIT | $3.6B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.7B |
| Depreciation & Amortization | $741M |
| Stock-Based Compensation | $427M |
| Deferred Income Tax | -$513M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$565M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$443M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $13.7B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13.2B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$10.0B |
| Common Dividends Paid | -$670M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$12.2B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $3.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.7B |
| Short-Term Investments | $25.3B |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $47.6B |
| PP&E (Net) | $6.2B |
| Goodwill | $43.8B |
| Intangible Assets | $5.7B |
| Long-Term Investments | $0 |
| Tax Assets | $2.0B |
| Other Non-Current Assets | $4.1B |
| TOTAL NON-CURRENT ASSETS | $61.8B |
| TOTAL ASSETS | $109.4B |
| Account Payables | $603M |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $8.0B |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $18.0B |
| Long-Term Debt | $51.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15.5B |
| TOTAL NON-CURRENT LIABILITIES | $67.2B |
| TOTAL LIABILITIES | $85.2B |
| Common Stock | $26.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.7B |
| Minority Interest | $524M |
| TOTAL EQUITY | $24.2B |
| TOTAL LIABILITIES & EQUITY | $109.4B |
| Total Debt | $56.2B |
| Net Debt | $41.4B |
