| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.1B | — | $12.9B | — | 1.6% |
| Op. Income | $4.5B | — | $4.0B | — | 11.1% |
| Gross Margin | 72.6% | — | 71.1% | — | 1.5pp |
| Net Margin | 29.6% | — | 27.6% | — | 2.0pp |
| EPS (Diluted) | $0.68 | — | $0.59 | — | 15.3% |
| Free Cash Flow | $1.1B | — | $1.6B | — | -32.4% |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $0 |
| Operating Expenses | $5.0B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $4.5B |
| Interest Income | $66M |
| Interest Expense | $361M |
| Other Income/Expenses | -$176M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $433M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $3.9B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $1.5B |
| EBIT | $4.7B |
| EBITDA | $6.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $0 |
| Operating Expenses | $5.0B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $4.5B |
| Interest Income | $66M |
| Interest Expense | $361M |
| Other Income/Expenses | -$176M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $433M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $3.9B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $3.9B |
| D&A | $1.5B |
| EBIT | $4.7B |
| EBITDA | $6.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.9B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $185M |
| Deferred Income Tax | -$60M |
| Other Non-Cash Items | -$363M |
| Change in Working Capital | -$3.5B |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$618M |
| Acquisitions (Net) | -$158M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $9.6B |
| Other Investing Activities | $226M |
| NET CASH FROM INVESTING | $7.5B |
| Net Debt Issuance | $2.8B |
| Common Stock Repurchased | -$8.9B |
| Common Dividends Paid | -$2.0B |
| Other Financing Activities | -$370M |
| NET CASH FROM FINANCING | -$8.5B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $793M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $9.7B |
| Net Receivables | $13.2B |
| Inventory | $8.0B |
| Other Current Assets | $12.4B |
| TOTAL CURRENT ASSETS | $45.3B |
| PP&E (Net) | $13.5B |
| Goodwill | $53.5B |
| Intangible Assets | $34.0B |
| Long-Term Investments | $2.9B |
| Tax Assets | $1.9B |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $110.1B |
| TOTAL ASSETS | $155.4B |
| Account Payables | $4.2B |
| Short-Term Debt | $9.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.0B |
| TOTAL CURRENT LIABILITIES | $29.4B |
| Long-Term Debt | $35.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.6B |
| Other Non-Current Liabilities | $26.5B |
| TOTAL NON-CURRENT LIABILITIES | $66.8B |
| TOTAL LIABILITIES | $96.3B |
| Common Stock | $468M |
| Additional Paid-In Capital | $86.6B |
| Retained Earnings | $93.4B |
| Treasury Stock | -$110.8B |
| Accum. Other Comp. Income | -$10.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.8B |
| Minority Interest | $352M |
| TOTAL EQUITY | $59.2B |
| TOTAL LIABILITIES & EQUITY | $155.4B |
| Total Debt | $45.1B |
| Net Debt | $43.2B |
