| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.1B | — | $16.5B | — | 3.6% |
| Op. Income | -$5.2B | — | $2.7B | — | -293.9% |
| Gross Margin | 47.7% | — | 45.3% | — | 2.4pp |
| Net Margin | -30.7% | — | 11.5% | — | -42.1pp |
| EPS (Diluted) | $-2.12 | — | $0.72 | — | -394.4% |
| Free Cash Flow | $3.3B | — | $3.3B | — | 1.4% |
| Item | Amount |
|---|---|
| REVENUE | $17.1B |
| Cost of Revenue | $8.9B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.0B |
| Other Expenses | $8.3B |
| Operating Expenses | $13.3B |
| Cost & Expenses | $22.3B |
| OPERATING INCOME | -$5.2B |
| Interest Income | $52M |
| Interest Expense | $111M |
| Other Income/Expenses | $127M |
| INCOME BEFORE TAX | -$5.1B |
| Income Tax Expense | $172M |
| Net Income from Continuing Ops | -$5.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5.2B |
| Net Income Deductions | $195M |
| BOTTOM LINE NET INCOME | -$5.5B |
| D&A | $820M |
| EBIT | -$5.0B |
| EBITDA | -$4.1B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$5.2B |
| Depreciation & Amortization | $820M |
| Stock-Based Compensation | $216M |
| Deferred Income Tax | -$387M |
| Other Non-Cash Items | $8.1B |
| Change in Working Capital | $614M |
| OPERATING CASH FLOW | $4.2B |
| Capital Expenditure | -$814M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $372M |
| NET CASH FROM INVESTING | $647M |
| Net Debt Issuance | -$351M |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | $734M |
| NET CASH FROM FINANCING | -$3.3B |
| FREE CASH FLOW | $3.3B |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $6.0B |
| Net Receivables | $5.0B |
| Inventory | $5.0B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $22.5B |
| PP&E (Net) | $21.3B |
| Goodwill | $40.3B |
| Intangible Assets | $24.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $92.6B |
| TOTAL ASSETS | $115.1B |
| Account Payables | $11.3B |
| Short-Term Debt | $9.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $30.0B |
| Long-Term Debt | $20.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.9B |
| Other Non-Current Liabilities | $10.2B |
| TOTAL NON-CURRENT LIABILITIES | $37.5B |
| TOTAL LIABILITIES | $67.5B |
| Common Stock | $4.0B |
| Additional Paid-In Capital | $63.8B |
| Retained Earnings | $94.9B |
| Treasury Stock | -$100.4B |
| Accum. Other Comp. Income | -$14.9B |
| Other Equity | -$1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $47.2B |
| Minority Interest | $385M |
| TOTAL EQUITY | $47.6B |
| TOTAL LIABILITIES & EQUITY | $115.1B |
| Total Debt | $30.1B |
| Net Debt | $25.9B |
