| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $5.2B | $9.6B | -6.2% | -49.2% |
| Op. Income | $782M | $991M | $5.3B | -21.1% | -85.3% |
| Gross Margin | 57.5% | 56.0% | 78.1% | 1.5pp | -20.6pp |
| Net Margin | 17.3% | 9.0% | 22.3% | 8.3pp | -5.0pp |
| EPS (Diluted) | $0.74 | $0.41 | $1.75 | 80.5% | -57.7% |
| Free Cash Flow | $1.5B | $738M | $4.7B | 97.0% | -68.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $511M |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $782M |
| Interest Income | $30M |
| Interest Expense | $143M |
| Other Income/Expenses | $86M |
| INCOME BEFORE TAX | $868M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $845M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $845M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $845M |
| D&A | $363M |
| EBIT | $782M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $511M |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $782M |
| Interest Income | $30M |
| Interest Expense | $143M |
| Other Income/Expenses | $86M |
| INCOME BEFORE TAX | $868M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $845M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $845M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $845M |
| D&A | $363M |
| EBIT | $782M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $845M |
| Depreciation & Amortization | $363M |
| Stock-Based Compensation | $296M |
| Deferred Income Tax | -$109M |
| Other Non-Cash Items | -$241M |
| Change in Working Capital | $718M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$418M |
| Acquisitions (Net) | -$31M |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $755M |
| Other Investing Activities | $74M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$110M |
| Common Dividends Paid | -$733M |
| Other Financing Activities | -$152M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | -$2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $4.5B |
| Net Receivables | $1.8B |
| Inventory | $2.3B |
| Other Current Assets | $768M |
| TOTAL CURRENT ASSETS | $15.6B |
| PP&E (Net) | $3.5B |
| Goodwill | $6.3B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $0 |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $32.3B |
| Account Payables | $2.0B |
| Short-Term Debt | $500M |
| Deferred Revenue | $550M |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $15.4B |
| Deferred Revenue NC | $864M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $21.1B |
| TOTAL LIABILITIES | $29.0B |
| Common Stock | $113M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $32.3B |
| Total Debt | $16.4B |
| Net Debt | $10.3B |
