| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.7B | $16.5B | $16.7B | 1.1% | 0.2% |
| Op. Income | $3.6B | $2.7B | $3.6B | 32.8% | -2.6% |
| Gross Margin | 49.2% | 45.3% | 50.3% | 3.9pp | -1.2pp |
| Net Margin | 19.2% | 11.5% | 17.1% | 7.7pp | 2.0pp |
| EPS (Diluted) | $1.22 | $0.72 | $1.06 | 69.4% | 15.1% |
| Free Cash Flow | $2.5B | $3.3B | $2.5B | -24.5% | -0.5% |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $8.5B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $3.6B |
| Interest Income | $53M |
| Interest Expense | $129M |
| Other Income/Expenses | $386M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $729M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $643M |
| EBIT | $4.1B |
| EBITDA | $4.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $8.5B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $13.1B |
| OPERATING INCOME | $3.6B |
| Interest Income | $53M |
| Interest Expense | $129M |
| Other Income/Expenses | $386M |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $729M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $643M |
| EBIT | $4.1B |
| EBITDA | $4.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.2B |
| Depreciation & Amortization | $643M |
| Stock-Based Compensation | $102M |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | -$303M |
| Change in Working Capital | -$120M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$237M |
| Purchases of Investments | -$206M |
| Sales/Maturities of Investments | $649M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$865M |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | $425M |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $8.7B |
| Net Receivables | $5.0B |
| Inventory | $5.2B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $23.3B |
| PP&E (Net) | $20.6B |
| Goodwill | $45.2B |
| Intangible Assets | $23.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $95.1B |
| TOTAL ASSETS | $118.4B |
| Account Payables | $10.2B |
| Short-Term Debt | $10.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $29.2B |
| Long-Term Debt | $20.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.2B |
| Other Non-Current Liabilities | $9.8B |
| TOTAL NON-CURRENT LIABILITIES | $36.7B |
| TOTAL LIABILITIES | $65.9B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $63.7B |
| Retained Earnings | $99.8B |
| Treasury Stock | -$100.0B |
| Accum. Other Comp. Income | -$15.1B |
| Other Equity | -$1.2B |
| TOTAL STOCKHOLDERS' EQUITY | $52.2B |
| Minority Interest | $268M |
| TOTAL EQUITY | $52.5B |
| TOTAL LIABILITIES & EQUITY | $118.4B |
| Total Debt | $31.3B |
| Net Debt | $28.7B |