| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.3B | $12.3B | $9.9B | -0.2% | 24.9% |
| Op. Income | $2.9B | $2.9B | $2.8B | 1.5% | 3.1% |
| Gross Margin | 65.7% | 65.5% | 72.4% | 0.1pp | -6.8pp |
| Net Margin | 19.2% | 18.8% | 22.6% | 0.4pp | -3.5pp |
| EPS (Diluted) | $1.61 | $1.57 | $1.51 | 2.3% | 6.8% |
| Free Cash Flow | -$8.6B | $7.8B | -$5.2B | -210.2% | -66.5% |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.5B |
| SG&A Expenses | $3.5B |
| Other Expenses | $1.7B |
| Operating Expenses | $5.2B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $2.9B |
| Interest Income | $7.4B |
| Interest Expense | $3.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $561M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $334M |
| EBIT | $2.9B |
| EBITDA | $3.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.5B |
| SG&A Expenses | $3.5B |
| Other Expenses | $1.7B |
| Operating Expenses | $5.2B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $2.9B |
| Interest Income | $7.4B |
| Interest Expense | $3.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $561M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $334M |
| EBIT | $2.9B |
| EBITDA | $3.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $334M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$91M |
| Other Non-Cash Items | $267M |
| Change in Working Capital | -$11.0B |
| OPERATING CASH FLOW | -$8.2B |
| Capital Expenditure | -$420M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11.9B |
| Sales/Maturities of Investments | $9.4B |
| Other Investing Activities | $8.7B |
| NET CASH FROM INVESTING | $5.8B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$1.5B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | -$8.6B |
| Net Change in Cash | -$5.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43.7B |
| Short-Term Investments | $106.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $150.4B |
| PP&E (Net) | $2.2B |
| Goodwill | $8.2B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $538.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $306.7B |
| TOTAL NON-CURRENT ASSETS | $857.2B |
| TOTAL ASSETS | $1.0T |
| Account Payables | $0 |
| Short-Term Debt | $230.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $477.0B |
| TOTAL CURRENT LIABILITIES | $707.6B |
| Long-Term Debt | $119.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $120.9B |
| TOTAL NON-CURRENT LIABILITIES | $240.2B |
| TOTAL LIABILITIES | $947.8B |
| Common Stock | $12.8B |
| Additional Paid-In Capital | $12.8B |
| Retained Earnings | $39.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59.8B |
| Minority Interest | $74M |
| TOTAL EQUITY | $59.9B |
| TOTAL LIABILITIES & EQUITY | $1.0T |
| Total Debt | $349.9B |
| Net Debt | $306.2B |
