| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $4.8B | $4.8B | 5.5% | 4.9% |
| Op. Income | $1.0B | $701M | $710M | 46.9% | 45.1% |
| Gross Margin | 58.4% | 56.0% | 54.8% | 2.4pp | 3.6pp |
| Net Margin | 18.2% | 10.5% | 22.1% | 7.7pp | -3.8pp |
| EPS (Diluted) | $0.80 | $0.42 | $0.87 | 90.5% | -8.0% |
| Free Cash Flow | $822M | $910M | $204M | -9.7% | 302.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $528M |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $59M |
| Interest Expense | $148M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $947M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $925M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $925M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $925M |
| D&A | $351M |
| EBIT | $1.0B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $528M |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $59M |
| Interest Expense | $148M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $947M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $925M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $925M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $925M |
| D&A | $351M |
| EBIT | $1.0B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $925M |
| Depreciation & Amortization | $351M |
| Stock-Based Compensation | $294M |
| Deferred Income Tax | -$131M |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | -$288M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$296M |
| Acquisitions (Net) | -$75M |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | $92M |
| NET CASH FROM INVESTING | -$203M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$762M |
| Common Dividends Paid | -$710M |
| Other Financing Activities | -$210M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $822M |
| Net Change in Cash | -$730M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.1B |
| Short-Term Investments | $314M |
| Net Receivables | $2.7B |
| Inventory | $1.4B |
| Other Current Assets | $625M |
| TOTAL CURRENT ASSETS | $16.2B |
| PP&E (Net) | $3.2B |
| Goodwill | $6.3B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $4.1B |
| TOTAL NON-CURRENT ASSETS | $16.9B |
| TOTAL ASSETS | $33.1B |
| Account Payables | $1.7B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $511M |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $13.4B |
| Deferred Revenue NC | $1.1B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.9B |
| TOTAL NON-CURRENT LIABILITIES | $19.4B |
| TOTAL LIABILITIES | $28.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $137M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $33.1B |
| Total Debt | $15.9B |
| Net Debt | $4.8B |
