| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.2B | $17.8B | $17.4B | 2.5% | 4.6% |
| Op. Income | $4.5B | $4.3B | $3.9B | 4.5% | 15.0% |
| Gross Margin | 51.4% | 51.0% | 48.9% | 0.4pp | 2.5pp |
| Net Margin | 20.4% | 20.2% | 18.3% | 0.2pp | 2.1pp |
| EPS (Diluted) | $1.41 | $1.36 | $1.22 | 3.7% | 15.6% |
| Free Cash Flow | $3.8B | $3.1B | $3.3B | 21.7% | 13.7% |
| Item | Amount |
|---|---|
| REVENUE | $18.2B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.9B |
| Other Expenses | $0 |
| Operating Expenses | $4.9B |
| Cost & Expenses | $13.8B |
| OPERATING INCOME | $4.5B |
| Interest Income | $36M |
| Interest Expense | $100M |
| Other Income/Expenses | $50M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $789M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $677M |
| EBIT | $4.6B |
| EBITDA | $5.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18.2B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.9B |
| Other Expenses | $0 |
| Operating Expenses | $4.9B |
| Cost & Expenses | $13.8B |
| OPERATING INCOME | $4.5B |
| Interest Income | $36M |
| Interest Expense | $100M |
| Other Income/Expenses | $50M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $789M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $677M |
| EBIT | $4.6B |
| EBITDA | $5.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $677M |
| Stock-Based Compensation | $92M |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$193M |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | -$605M |
| Acquisitions (Net) | -$54M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$650M |
| Net Debt Issuance | -$1.6B |
| Common Stock Repurchased | -$3.5B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | $185M |
| NET CASH FROM FINANCING | -$6.8B |
| FREE CASH FLOW | $3.8B |
| Net Change in Cash | -$3.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $0 |
| Net Receivables | $5.2B |
| Inventory | $5.5B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $18.9B |
| PP&E (Net) | $21.3B |
| Goodwill | $40.0B |
| Intangible Assets | $24.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.6B |
| TOTAL NON-CURRENT ASSETS | $92.8B |
| TOTAL ASSETS | $111.7B |
| Account Payables | $10.8B |
| Short-Term Debt | $9.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30.2B |
| Long-Term Debt | $19.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.2B |
| Other Non-Current Liabilities | $10.4B |
| TOTAL NON-CURRENT LIABILITIES | $35.7B |
| TOTAL LIABILITIES | $65.8B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $64.0B |
| Retained Earnings | $98.4B |
| Treasury Stock | -$105.8B |
| Accum. Other Comp. Income | -$14.9B |
| Other Equity | -$1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $45.5B |
| Minority Interest | $370M |
| TOTAL EQUITY | $45.9B |
| TOTAL LIABILITIES & EQUITY | $111.7B |
| Total Debt | $28.1B |
| Net Debt | $21.9B |
