| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.8B | $17.1B | $16.7B | 4.1% | 6.6% |
| Op. Income | $4.3B | -$5.2B | $3.6B | 182.6% | 20.7% |
| Gross Margin | 51.0% | 47.7% | 49.2% | 3.3pp | 1.8pp |
| Net Margin | 20.2% | -30.7% | 19.2% | 50.8pp | 1.0pp |
| EPS (Diluted) | $1.36 | $-2.12 | $1.22 | 164.2% | 11.5% |
| Free Cash Flow | $3.1B | $3.3B | $2.5B | -7.4% | 24.2% |
| Item | Amount |
|---|---|
| REVENUE | $17.8B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.8B |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $4.3B |
| Interest Income | $58M |
| Interest Expense | $108M |
| Other Income/Expenses | $53M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $726M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $723M |
| EBIT | $4.5B |
| EBITDA | $5.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $17.8B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $9.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $4.8B |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $4.3B |
| Interest Income | $58M |
| Interest Expense | $108M |
| Other Income/Expenses | $53M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $726M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.5B |
| D&A | $723M |
| EBIT | $4.5B |
| EBITDA | $5.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.6B |
| Depreciation & Amortization | $723M |
| Stock-Based Compensation | $110M |
| Deferred Income Tax | -$586M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $306M |
| OPERATING CASH FLOW | $4.2B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6.2B |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $5.1B |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | -$3.0B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | $875M |
| NET CASH FROM FINANCING | -$4.1B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | $5.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.3B |
| Short-Term Investments | $0 |
| Net Receivables | $5.1B |
| Inventory | $5.5B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $21.9B |
| PP&E (Net) | $20.9B |
| Goodwill | $39.6B |
| Intangible Assets | $24.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.6B |
| TOTAL NON-CURRENT ASSETS | $92.1B |
| TOTAL ASSETS | $114.1B |
| Account Payables | $11.0B |
| Short-Term Debt | $9.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30.3B |
| Long-Term Debt | $20.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.3B |
| Other Non-Current Liabilities | $10.3B |
| TOTAL NON-CURRENT LIABILITIES | $36.8B |
| TOTAL LIABILITIES | $67.1B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $63.9B |
| Retained Earnings | $96.6B |
| Treasury Stock | -$102.5B |
| Accum. Other Comp. Income | -$15.3B |
| Other Equity | -$1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $46.6B |
| Minority Interest | $406M |
| TOTAL EQUITY | $47.0B |
| TOTAL LIABILITIES & EQUITY | $114.1B |
| Total Debt | $29.5B |
| Net Debt | $20.2B |
